Author: John Smith
Zora extended its rally for the second day in a row following the launch of its new content monetization tool, Creator Coins, on Base. According to crypto.news, Zora (ZORA) surged to a 3-month high of $0.022 on Sunday, July 20, before slightly easing to $0.021 at the time of writing, still up 80% over the past 24 hours. At its current price, ZORA is now trading nearly 200% above its monthly low. The rally appears closely tied to Zora’s integration with Base App, Coinbase’s newly rebranded Layer-2 wallet. The app now allows users to tokenize and trade content directly through…
Bitcoin may be entering a short-term correction phase, as on-chain and market sentiment indicators flash caution despite an overall bullish trend. According to a July 20 analysis by CryptoQuant contributor ShayanMarkets, Bitcoin (BTC) reserves on centralized exchanges have risen to their highest level since June 25. This uptick in exchange balances reflects ongoing profit-taking by investors, increasing the supply of BTC that could potentially be sold. Reserve increases of this kind have historically preceded market declines or times of price consolidation, particularly when they occur in tandem with waning buy-side momentum. Darkfost, a fellow CryptoQuant contributor, pointed out a significant…
CoinDCX has revealed that the $44 million exploit resulted from a server compromise affecting one of its internal liquidity accounts. In a detailed incident report released on July 20, the Indian crypto exchange confirmed that no customer funds were affected and that the entire loss will be absorbed by the company’s treasury. The attack was identified on July 19 at 4 a.m. IST when unauthorized access was detected in an account used for liquidity provisioning on a partner exchange. The company attributed the breach to a “sophisticated server attack” that penetrated its liquidity infrastructure. CoinDCX stressed in the statement that…
Aave DAO is voting on a proposal to launch a white-label version of its lending protocol on Kraken’s Ink blockchain, marking a notable shift in how decentralized finance integrates with centralized platforms. According to a DAO proposal initiated on July 17 via Snapshot, the deployment will use Aave’s smart contracts under a new brand managed by the Ink Foundation. The initiative has received overwhelming support from the Aave (AAVE) DAO, with over 790,000 votes in favor as of press time, ahead of the proposal’s July 21 deadline. It marks Aave’s first white-label deployment and a strategic partnership designed to expand…
Ethereum’s base layer is undergoing a major performance shift, with the network’s gas limit rising toward 45 million units, a move that could meaningfully expand its transaction throughput. According to a July 20 update on X from Ethereum (ETH) co-founder Vitalik Buterin, nearly 50% of stake is currently showing support for the change, with the limit already climbing to 37.3 million. On Ethereum, “gas” is the unit of computational expense needed to process transactions or smart contracts. In order to maintain fair pricing of network resources and reduce spam, users pay for gas in ETH. The amount of total computation…
Altcoins are rallying in response to XRP all-time high on Friday. The altcoin hit a peak above $3.66, before retracing to $3.42 at the time of writing. Altcoins in the top 50 cryptocurrencies ranked by market capitalization eye higher returns in July 2025. The three altcoins that could surprise traders with higher returns in the coming week are Pi Network (PI), Hyperliquid (HYPE), and Official Trump (TRUMP). Altcoin season or not, watch these three tokens Altcoin season refers to the period when 75% of tokens ranked among the top 50 cryptocurrencies by market capitalization outperform Bitcoin (BTC) for over 90…
From historic highs to high-profile hacks, the crypto market packed a punch this week. Bitcoin shattered records above $123,000 as corporate treasuries rushed to accumulate more, even at premium prices. Meanwhile, President Trump signed the first federal stablecoin law, JPMorgan warmed to digital dollars, and Australia flagged crypto as a financial crime priority. But the week wasn’t without turbulence—major exchanges like CoinDCX and BigONE reported multimillion-dollar breaches. Also, Ripple’s Chris Larsen made eyebrow-raising XRP transfers. Read on for a recap of this week’s most noteworthy crypto headlines. CoinDCX faces $44 million security compromise An Indian cryptocurrency exchange, CoinDCX, suffered a…
Following a breakout week that pushed the total crypto market cap above $4 trillion, investors are bracing for a high-stakes stretch driven by corporate earnings, geopolitical trade moves, and the impending token unlocks. With Bitcoin at record highs and altcoins like Kaito, Avalanche, and Pi Network facing critical technical and supply moments, the coming days could set the tone for crypto’s next leg—whether it’s consolidation or continuation. The main catalyst for the crypto and stock markets this week will be earnings from some of the biggest US companies, including Google, Tesla, IBM, and Microsoft. Crypto prices will also react to…
Representative Marjorie Taylor Greene has condemned the GENIUS Act as a backdoor mechanism for implementing a central bank digital currency. She also voted against the legislation that passed both chambers of Congress. The Georgia congresswoman warned that the stablecoin regulation bill opens the path to “a cashless society and into digital currency that can be weaponized against you by an authoritarian government.” Greene expressed distrust of government control over monetary systems and questioned whether Americans should trust authorities “to never do that to you.” She characterized the legislation as allowing government control over citizens’ ability to buy and sell through…
The race for altcoin treasuries takes a new turn. On July 17, 2025, it was reported that Nasdaq-traded company Bit Origin vows to spend $500 million to arrange a Dogecoin treasury. What makes Bit Origin confident in its move? Bit Origin’s Dogecoin long bet Bit Origin announced it had agreed with investors to sell $400 million worth of ordinary shares and $100 million worth of convertible debt. The company plans to become the largest DOGE treasury. Its share price will appreciate long-term by increasing the DOGE per share ratio. Bit Origin has already raised $15 million, with most of this…