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Author: James Wilson
PENGU has delivered an almost 500% rally since late June, but technicals now hint at a potential shift in momentum, suggesting the uptrend may be losing steam. Summary PENGU surged from $0.007737 on June 22 to $0.046608 on July 27 — a 500%+ gain in just over a month. Price has now pulled back to a previous low instead of forming a higher low — breaking the bullish pattern. RSI formed a slightly lower high despite price reaching new highs, signaling weakening momentum. PENGU now sits just above its trendline and 20-day EMA; a breakdown could trigger deeper correction. Pudgy…
TREE, the native token of DeFi protocol Treehouse, crashed 40% shortly after its TGE event and listing on multiple exchanges, including Binance, Coinbase, and Bitget. Summary TREE crypto is down over 40% less than a day after its token generation event. Treehouse has secure listings on several tier-1 exchanges at launch. Major names like yZi Labs and Wintermute have backed the project. Binance was the first platform to list the TREE token on July 29, which followed shortly after its listing on its early-access listing portal, Binance Alpha. It was quickly followed by spot listings on other top-tier exchanges, including…
Momentum is fading fast for Pump.fun, and the once-dominant memecoin launchpad is no longer ‘pumping’ like it used to. Summary Pump.fun revenue recently dipped below $300K, its lowest since September 2024, after peaking at over $7M in January. Memecoin traders are ditching the launchpad for rival platforms. Pump.fun is facing a class-action lawsuit on top of a growing list of challenges. According to DefiLlama data, Pump.fun’s daily revenue slipped below $300,000 on July 28, one of its lowest levels since September 2024. While the figure has slightly rebounded since, the drop adds to a clear downtrend. Back in January, Pump.fun was…
The years-long federal case against the founders of privacy-focused Samourai Wallet is taking a major turn. Summary Samourai Wallet founders to plead guilty in money laundering case. The outcome of the case may influence the ongoing Tornado Cash trial. The co-founders face up to 25 years in prison if sentenced. According to court filings dated July 29, Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill will formally plead guilty in their money laundering case. The two were arrested back in April 2024, after the U.S. Department of Justice accused them of operating an unlicensed money-transmitting business and facilitating more…
The Indonesian government plans to raise taxes on cryptocurrency transactions, effective immediately starting from August 1. The new law will apply to overseas exchanges, domestic exchanges and more. Summary Starting in August, Indonesia will raise its overseas exchange transaction tax from 0.2% to 1%. Meanwhile, domestic exchanges get a 0.1% hike. Crypto buyers will no longer need to pay value added tax. According to a recent Reuters report, a new finance ministry regulation is set to shake up the playing field for the nation’s budding crypto space. For one thing, it will hike up the tax applied to cryptocurrency transactions…
Hardware wallets are physical devices that are used to store cryptocurrencies in offline mode. They cannot run complicated apps and are safe from attacks. In this article, we will compare two mainstream hardware wallets Trezor vs NGRAVE, and help you choose which is the best one for you? Trezor was founded in 2014 by SatoshiLabs. They are one of the largest hardware wallet manufacturers in the world. They offer two models Trezor One and Trezor T. Ngrave is a digital asset security company that focuses on eliminating the loss and hacking of cryptocurrencies. The primary goal is to provide everyone…
The world of finance and technology continues to evolve, and one of the most significant new developments is cryptocurrency, which started with the introduction of Bitcoin in 2009. Since then, the cryptocurrency sector has evolved to altcoins and decentralized finance. So, with this emerging concept, people are curious about learning cryptocurrency. In this article, we will let you know from where to learn about crypto from the top 5 apps that can be used by newcomers or seasonal professional investors alike, mentioning the features and education resources that can be accessed from these apps. Top 5 Apps to Learn About…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. RI Mining has launched its upgraded AI-powered cloud mining platform, offering XRP, DOGE, and USDT holders a secure and compliant way to earn a daily passive income. Summary RI Mining launches AI-powered cloud mining for XRP, DOGE, and USDT. GENIUS Act drives demand for compliant, passive crypto income. One-click setup delivers stable daily payouts with no conversion needed. As digital asset adoption accelerates and regulatory clarity reshapes the crypto landscape, RI Mining today unveiled its upgraded AI-powered cloud mining…
In another bullish development for the crypto industry, the U.S. Securities and Exchange Commission has approved in-kind creation and redemption for all spot Bitcoin and Ethereum ETFs. But what does it mean? Summary SEC approves in-kind creation and redemption for all spot Bitcoin and Ethereum ETFs. Major exchanges, including Nasdaq, NYSE Arca, and Cboe BZX, have received accelerated approvals. Analysts expect pending altcoin ETF filings to include in-kind models from the outset. On Tuesday, July 28, the SEC announced it had finalized orders allowing authorized participants to create and redeem shares of crypto exchange-traded products (ETPs) using the underlying digital…
XDC price surged 12% on news of Binance US listing, tapping the key $0.10 resistance before pulling back slightly, presenting a lucrative buy-the-dip opportunity within a broader uptrend. Summary XDC price hit the psychological $0.10 resistance, following Binance US listing. Currently in a healthy pullback, holding above the 20-day EMA and key $0.085–$0.088 support zone. A bounce from support could target $0.105–$0.115; breakdown risks a dip to $0.080. Broader uptrend is fueled by strong fundamentals, including cross-chain expansion, the launch of 21Shares XDC ETP on Euronext, and recent partnership with Archax. XDC Network (XDC) price gained 12% yesterday as Binance…