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Author: James Wilson
ALGO price is testing a pivotal support zone after breaking out of a bullish double bottom pattern as momentum resets for a potential 40% surge. Summary ALGO price confirmed a double bottom pattern with a neckline at $0.26, which now acts as critical support. ALGO is now consolidating just above the neckline and the 20-day EMA, forming a key confluence zone. RSI has dropped from overbought levels to around 53, indicating healthy consolidation without bearish momentum. If support holds, ALGO could retest $0.34, with a measured move target of $0.37—representing a potential 40% upside from the current levels. Q2 2025…
A year after lifting its ban on cryptocurrencies, Bolivia has partnered with El Salvador to advance its digital asset policy and infrastructure. Is Bolivia going all in on crypto? Summary Bolivia signs MoU with El Salvador to cooperate on crypto policy and blockchain regulation. The Bolivian Central Bank describes digital assets as a viable and reliable alternative to traditional currencies. Locals have already started using cryptocurrencies like Bitcoin and USDT. Bolivia, a country grappling with economic instability, and El Salvador, one of the first nations to adopt Bitcoin as legal tender, have joined hands to promote crypto as an alternative…
Sui is trading at $3.85 at press time after gaining 38% over the past month, but a looming token unlock could threaten gains. Summary SUI is up 38% in July, backed by rising TVL, DEX volume, and stablecoin growth on the Sui network. A $128M token unlock on August 1 may add short-term selling pressure. Technical indicators show neutral momentum as price consolidates around key moving averages. Rising on-chain activity and solid fundamentals have helped sustain Sui’s (SUI) price increase this month. At the time of writing, the network’s total value locked was $2.2 billion, up from $1.7 billion at…
LOKA staged a strong rally earlier today as more exchanges pledged their support for its ongoing migration to Arena-Z. Summary LOKA surged over 600% on July 31 before correcting, driven by exchange-backed migration to Arena-Z. A whale wallet withdrew 170M LOKA from exchanges, triggering a 97% drop in available supply on exchanges. Binance completed the LOKA-to-A2Z token swap at a 1:20 ratio. According to data from crypto.news, League of Kingdoms (LOKA) shot up 606% to an intraday high of $0.82 on July 31 before settling much lower at $0.30 when writing. The Ethereum-based gaming token has remained at 74.8% over…
Bitcoin is showing signs of gathering strength after a week of sideways movement, with two key on-chain indicators hinting at a potential breakout. Summary Bitcoin’s MVRV ratio is converging toward its 365-day MA, a pattern historically followed by rallies. The futures market shows signs of cooling, suggesting a healthier, less speculative BTC rally. Technical indicators show consolidation near support, with a potential breakout brewing. In a July 31 analysis, CryptoQuant contributor CoinCare pointed to the Market Value to Realized Value ratio, which currently sits at 2.2 and is converging toward its 365-day moving average. Historically, such periods of convergence have…
The U.S. SEC reportedly issued new ‘listing standards’ for crypto asset-based ETPs in a new exchange filing. What are the requirements for a listing? Summary The list of approved tokens for ETPs has reportedly been issued by the CBOE. One of the requirements is for crypto assets to have exposure on Designated Contract Market for at least six months. According to a recent post by Bloomberg ETF analyst Eric Balhunas, U.S. financial regulators have issued what he dubbed as new “listing standards” for crypto Exchange Traded Products or ETPs. The list was found in a filing addressed to the SEC…
Nasdaq-listed Fundamental Global is rebranding as FG Nexus as it embraces Ethereum as its core treasury asset. Summary Fundamental Global has launched a $200 million private placement to fund ETH purchases. The company aims to generate staking rewards and gain exposure to tokenized real-world assets. Shares initially surged in premarket but closed the day down 13.7%. On July 30, which was also Ethereum’s 10th anniversary, the North Carolina-based firm announced a sweeping strategic shift aimed at aligning itself with the growing trend of corporate adoption of digital assets, particularly Ether (ETH). Fundamental Global has outlined its intention to adopt Ethereum…
The increase in remote work is changing the way the world works. Rise offers a solution to the challenges this change brings. Rise’s Crypto Payroll Software is a cutting-edge way to manage employees. As more people work remotely and teams spread out, old payroll systems can’t keep up. Rise provides a smooth combination of payroll, compliance, and HR processes. This helps businesses stay flexible and well-managed in the digital economy while ensuring they follow all laws. Navigating Global Workforce Management As organizations grapple with the intricacies of managing a decentralized global workforce, the efficacy of their operations hinges on the…
Artificial intelligence is the biggest reality of the twenty-first century, and the technology’s full potential has yet to be exploited. Regardless of industry, organizations are leveraging AI technology to gain a competitive advantage and optimize their workflows. The use of AI is more widespread among startups than in larger corporations, as startups are more responsive to innovation and new technology. Today’s article takes you through the Best AI Tools For Startups to help them utilize newer technology and avoid falling behind the competition. Also, Try CustomGPT 1. ClickUp – AI for Task Automation ClickUp is an all-in-one productivity program for everyone,…
Ethena’s total value locked has surged by an impressive 50% in the past month, with ENA posting significant price gains. Summary Ethena’s TVL rose 50% in July, reaching $8.44B, with strong USD inflows. ENA price surged 134% in a month, boosted by whale activity and key developments. Technical indicators show a bullish uptrend, with support at $0.60 and resistance at $0.70–$0.75. According to DeFiLlama data, Ethena’s (ENA) TVL was $8.44 billion at the end of July. Compared to $5.46 billion at the start of the month, this represents a significant increase, suggesting that the platform is growing and gaining traction.…