Author: cryphedge

Every Bitcoin holding group is now in unrealized profit, marking a full-chain return to green across all UTXO age bands. Long-term and short-term holders are both accumulating, with exchange reserves declining and whale dominance continuing to rise. After weeks of seemingly calm on-chain, the day has finally come. Bitcoin has officially re-entered a phase where all of its holders—both short and long—are sitting pretty on unrealized gains. On-chain data shared by analyst Carmelo Aleman states that there is now no single group of coin holders recorded as being in the red. All green. All profit. The main source comes from…

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Lawmaker Ko Ju-Chun suggests adding Bitcoin to national reserves. Taiwan has 423 metric tons of gold in its asset base. New Hampshire in the US passed a law to include Bitcoin in state reserves. Taiwan is considering a significant policy shift—one that could see Bitcoin join its national reserves. Faced with inflationary pressure, global trade tension, and increasing reliance on US Treasury bonds, the country is now questioning whether its financial buffers are truly secure. Legislator Ko Ju-Chun recently proposed the inclusion of Bitcoin in the central bank’s reserve mix, citing its decentralised nature and fixed supply as a strategic…

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Solana has struggled to reclaim momentum after FTX unstaked 186,000 SOL tokens, sparking fears of a market dump. While SOL holds above $120, uncertainty lingers as whale activity offsets bearish signals. Meanwhile, Rexas Finance (RXS) surges past $48 million in presale funding, defying the cautious mood gripping Solana investors. Priced at $0.20, RXS has rallied 6.6x since its initial presale stage, with 92% of its 500 million token allocation already sold. Backed by real-world asset tokenization and a CertiK-audited ecosystem, RXS positions itself as a tangible alternative to speculative tokens.  Revolutionizing Asset OwnershipRexas Finance is transforming how global investors interact with…

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Coinbase reported a turbulent first quarter, with revenue declines, a sharp drop in net income, and weakening retail trading activity—but XRP emerged as a major bright spot for the crypto exchange.According to its Q1 2025 earnings report, Coinbase saw its retail crypto trading volume fall 17% to $78 billion, as Bitcoin dropped 11% over the same period.Total revenue slipped 10% year-over-year to $2 billion, and net income plunged 94% to $66 million. Shares of Coinbase fell 6% following the results amid a broader downturn in tech stocks.XRP Delivers Standout PerformanceDespite the poor headline numbers, XRP delivered a standout performance.Coinbase earned…

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Key takeaways Ethereum recently launched the Pectra upgrade and could see ETH’s price soar higher in the medium term. Dogecoin is one of the best-performing coins this week as Bitcoin Pepe’s presale hits $7.7 million.  Ethereum hits $2,300 after Pectra upgrade ETH, the native coin of the Ethereum blockchain, was one of the best performers in the market this week. The coin added 28% to its value this week, outperforming Bitcoin and other major cryptocurrencies. The rally comes after the Ethereum Pectra hard fork earlier this week. The Pectra upgrade, activated on May 7, introduces a maximum stake limit increase…

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Wall Street giant BlackRock has reportedly held a closed-door meeting with the U.S. SEC’s Crypto Task Force to discuss adding staking to Ethereum ETFs and acceleratingthe tokenization of real-world assets.Ethereum Staking Back in SpotlightDuring the early July meeting, BlackRock stressed that Ethereum ETFs are “less perfect” without staking, as investors miss out on yield from locked ETH. Robert Mitchnick, Head of Digital Assets at BlackRock, described staking for spot ETH ETFs as a “step change upward,” though he acknowledged regulatory and operational complexities ahead.Under SEC Chair Gary Gensler, the agency previously blocked staking features in ETH ETFs. But with the…

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VIRTUAL has surged by 17.5% today, racing to $1.64 as the cryptocurrency market as a whole rises by 1.5% in the past 24 hours.This move puts the AI-focused coin up by 139% in a fortnight and by 250% in a month, while it also sits on a hugely impressive 1,350% gain in a year.VIRTUAL’s trading volumes have exploded over the past couple of weeks, rising from around $60 million on April 21 to $570 million today.This increase has followed from a recent uptick in whale purchases, while Virtuals’ fundamental position as a decentralized AI platform puts it in a very…

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Solana (SOL) price has gradually followed the palpable rise of Bitcoin (BTC) and Ethereum (ETH) in the last few days. The large-cap altcoin, with a fully diluted valuation of about $89.8 billion and a 24-hour average trading volume of about $8.8 billion, recorded a 17 percent pump in the past week to trade about $173 on Friday, May 9, during the later North American trading session.Following the heightened volatility, Solana’s leveraged market recorded a net liquidation of about $31 million in the past 24 hours. Meanwhile, Solana’s on-chain liquidations on native perpetual exchanges reached a high of over $47 million…

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Today, the cryptocurrency market experienced significant liquidations in the past 24 hours. Traders in the crypto futures encountered a harsh reality associated with crypto volatility. According to data from Satoshi Club, 248,048 traders got liquidated and total losses hitting $1.14 billion. This figure reminds people who are trading with leverage that understanding crypto dynamics is crucial to avoid massive losses. 🚨 In the past 24 hours, 248,048 traders got liquidated, with total losses hitting $1.14 billion. The biggest liquidations are on $ETH ($434M) The biggest single liquidation was on Binance’s BTCUSDT pair, worth $11.97 million. pic.twitter.com/w8yumWuTgZ— Satoshi Club (@esatoshiclub) May…

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BlackRock representatives met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9 to seek guidance on a range of crypto regulatory issues, including tokenization, staking, and approval frameworks for exchange-traded products (ETPs).According to the meeting memo, BlackRock reviewed its digital asset offerings, including the iShares Bitcoin Trust (IBIT), the proposed iShares Ethereum Trust (ETHA), and the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).The firm used the opportunity to solicit input on how current and future products might be regulated under federal securities laws, particularly as the digital asset market matures.The meeting included senior representatives from…

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