Author: Kryptonews

Bitcoin’s recent price ascent continued in the past 24 hours as the asset tapped $116,800 for the first time in roughly three weeks. Many altcoins have produced a lot more impressive gains, especially those from the meme coin realm. DOGE and PEPE are up by double digits. BTC Targets $116K Reclaim The primary cryptocurrency began the business week with a retracement that had driven it to $110,000. However, the asset reacted well and started to recover lost ground almost immediately on Monday and Tuesday. It was stopped initially at $113,200 on Tuesday and pushed down to $110,800, but the bulls…

Key points:Bitcoin’s recovery remains on track, backed by solid demand from the spot Bitcoin ETF buyers.BNB, HYPE, and SOL are leading the altcoin charge higher, signaling solid buying by the bulls. Bitcoin (BTC) rose to $116,495 on Friday, and the relief rally is backed by solid buying in the spot BTC exchange-traded funds (ETFs), which witnessed $1.7 billion in net inflows this week, according to data from SoSoValue.Crypto trader and analyst Matthew Hyland spotted the most extreme level of tightness on the Bollinger Bands on the monthly time frame. Separately, popular analyst Crypto Ceasar said in a post on X that…

Altcoin season continues to show rotation into tokens tied to specific catalysts. Price action this week has been concentrated in assets supported by institutional participation, corporate partnerships, and protocol integrations. Pudgy Penguins, Solana, and Jupiter stand out as three trending tokens where news and liquidity flows have combined to generate momentum.Pudgy Penguins benefits from a cross-sector partnership with a U.S.-listed company. Solana has seen large inflows from major financial players. Jupiter is adding demand through wallet integrations that extend its reach. Together, these three projects illustrate how altseason gains traction when projects link to real drivers of attention and usage.Pudgy…

Key Takeaways Prenetics, a NASDAQ-listed healthcare and diagnostics company, currently holds 228 Bitcoin. The company is actively buying 1 Bitcoin every day as part of its corporate treasury strategy. Share this article NASDAQ-listed Prenetics now holds 228 Bitcoin and is purchasing 1 Bitcoin daily, the company announced today.The healthcare and diagnostics company has joined the growing list of publicly traded firms adding Bitcoin to their corporate treasuries through regular purchases. Share this article

Blockchain-powered prediction market Polymarket is reportedly preparing a US launch that could value the company as high as $10 billion, highlighting the surge of investor interest in prediction markets and crypto ventures.Citing sources familiar with the conversation, Business Insider reported Friday that Polymarket is exploring re-entering the US while seeking new funding that could more than triple its June valuation of $1 billion. One investor valued the company at up to $10 billion, the report said.As Cointelegraph reported, Polymarket was raising a $200 million round in June led by Peter Thiel’s Founders Fund, an early backer of companies including OpenAI,…

Asset manager WisdomTree launched its Private Credit and Alternative Income Digital Fund (CRDT), a tokenized private credit vehicle, amid an uptick in firms expanding into the tokenized private credit niche and other tokenized real-world assets (RWAs). The fund will include credit extended to private corporations, loans made to real estate investment trusts (REITs), which are funds that track baskets of commercial properties, and debt from business development corporations, which are investment companies that offer financing to other businesses, according to Friday’s announcement.CRDT is available to retail and institutional investors, expanding access to an asset class typically reserved for institutional and sophisticated…

Dogecoin and Cardano are two names many in crypto already hold. DOGE brings meme coin legacy, community power, and recent ETF buzz, driving its momentum. ADA offers blockchain promise, rigorous governance, and growing interest in its roadmap and scaling. But portfolios aiming for both strength and upside might want another altcoin in the mix. Remittix is a third altcoin you should have in your portfolio. It offers a fun 15% USDT referral program claimable daily via the dashboard that makes every user part of its growth engine, not just a holder.Dogecoin Shows ETF Buzz But Still Relies On HypeDogecoin has seen…

Forty ancient tombs were unearthed along the Mosul Dam reservoir in northern Iraq due to a drought that lowered water levels in the country’s largest reservoir, reported CBS News. A team of archaeologists had previously surveyed the area in 2023—working when water levels fell—but could only identify parts of a few tombs. The forty that have now been identified are thought to be more than 2,300 years old from the Hellenistic or Hellenistic-Seleucid period. Ruins found in the same area, dating back thousands of years, have also revealed themselves in recent years due to five-consecutive years of drought. Related Articles…

Spot Bitcoin and Ether ETFs are seeing renewed inflows as institutional appetite for crypto exposure continues to build. On Friday, spot Bitcoin (BTC) ETFs recorded $642.35 million in net inflows, marking the fifth straight day of gains, according to data from SoSoValue. This pushed cumulative net inflows to $56.83 billion, with total net assets now standing at $153.18 billion, roughly 6.62% of Bitcoin’s total market cap.Fidelity’s FBTC led the day with $315.18 million in fresh capital, while BlackRock’s IBIT followed with $264.71 million. Trading volumes across all spot Bitcoin ETFs topped $3.89 billion, signaling robust activity and growing institutional positioning.…

Blockchain security firm PeckShield found suspicious activity on Shibarium late Friday. Security sleuths found leaked validator keys on Shibaswap that led to an estimated $2.8 million loss through Shib token withdrawals. The Shiba Inu team posted on X at around 9:00 PM UTC, saying it “was aware of the activity flagged by PeckShield,” and had contacted both internal developers and external security partners to investigate the exploit. “At this time, we are working to confirm the root cause and ensure all possible mitigations are in place. A comprehensive report with findings and next steps will be published once the investigation…