Crypto News
DOGE Plunges 9% in Steep Sell-Off, But Rebounds from Critical Support Zone
What to KnowDOGE fell 9.24% from $0.248 to $0.226 during the 24-hour window from July 28 01:00 to July 29 00:00.Price action swung across a $0.025 range (10.39%) from a $0.248 high to a $0.223 low.A temporary recovery effort during the final hour lifted DOGE slightly from $0.223 to $0.226.Institutional sell pressure was concentrated between 13:00–14:00, with volume spiking to 918 million—more than 2x the 24-hour average of 410 million.News BackgroundDOGE’s selloff mirrors broader risk-off sentiment across crypto assets as central banks reassess rate cuts amid persistent inflation. At the same time, geopolitical tensions and trade-related uncertainty are dampening speculative appetite, especially among institutional traders.The meme token reached a short-term high of $0.248 early in the session but met heavy...
Tron Inc. Files to Sell Up to $1 Billion in Securities Under TRX Strategy
Now called Tron Inc., the toy firm has pivoted into a crypto proxy tied to the Tron blockchain, with Justin Sun’s father as board chair.Source link
XRP Price Faces Resistance at $3.14 as SEC Meeting Sparks ETF Speculation
XRP trades at $3.14 (-3.47% today) while maintaining bullish trend above key support. Upcoming SEC meeting fuels XRP ETF speculation despite recent Upbit sell-off volatility. (Read More)Source link
Bitcoin Mining Giant Mara Completes $950M Deal to Buy More BTC
The world’s largest publicly-traded bitcoin miner is also the world’s second-largest bitcoin holder among publicly listed companies. Mara Secures $950M Funding to Expand Bitcoin Holdings Bitcoin mining firm Mara Holdings (Nasdaq: MARA) has raised $950 million by issuing interest-free senior convertible notes to private qualified investors, according to a Monday press release. The funds willSource link
Billionaire Ray Dalio Backs 15% Allocation to Bitcoin and Gold Amid U.S. Debt Spiral
Bridgewater Associates founder Ray Dalio is calling for investors to allocate 15% of their portfolios to bitcoin (BTC) or gold, citing heightened risks from the U.S.’s accelerating debt burden and long-term currency devaluation.“If you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin,” Dalio said on the Master Investor podcast Sunday.The comments mark a notable shift from his 2022 recommendation of just 1–2% in BTC, reflecting growing concern over what Dalio calls a “debt doom loop.” He pointed to a projected $12 trillion in new Treasury issuance over the next year, required to service the U.S.'s $36.7 trillion national debt.A U.S. Treasury report on Monday confirmed the trend,...