Crypto News
ATOM Tumbles 4% as Sellers Target Critical $4 Support Level
Cosmos' ATOM token slumped by 4% in the past 24 hours as Thursday's short-lived crypto rally came to a halt on Friday.Market volatility has been lower on Friday, in part due to the nation July 4th holiday in the U.S.Bitcoin attempted to form a new record high on Thursday but fell just short, sliding from $111,000 to $108,000, with the majority of altcoins like ATOM following its lead.Technical analysisATOM-USD experienced a notable decline of $0.17 (3.95%) during the 24-hour period from 3 July 15:00 to 4 July 14:00, with price dropping from $4.22 to $4.06.The asset established a clear downtrend after failing to maintain support at $4.17, with high-volume selling emerging at the $4.09 level.Volume spiked to 588,338 units during...
You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million
Sotheby’s will auction massive Martian meteorite NWA 16788, and is accepting Bitcoin, Ethereum, and USDC bids for a piece of the red planet.Source link
Esports Giant Ninjas in Pyjamas Buys Bitcoin Miners, Expects Monthly Production of $6.5M in BTC
NIP Group, the parent company of esports organization Ninjas in Pyjamas, is hoping to mine 60 BTC a month, worth approximately $6.5 million.Source link
Sleeping Giant Wakes: 2011 Bitcoin Whale Moves $3.2B After 14-Year Silence
On July 4, a bitcoin whale that had been off the radar since 2011 suddenly sprang to life, shifting a massive 20,000 BTC for the first time in more than 14 years. Over that stretch, the holder saw their stash balloon in value by a staggering 141,565,494%. After the 20,000 shift, the entity moved yetSource link
Ondo Finance to Buy SEC-Regulated Broker Oasis Pro for U.S. Tokenized Stock Push
Tokenization platform Ondo Finance ONDO said it agreed to buy Oasis Pro, a regulated brokerage platform, laying the groundwork for rolling out tokenized stocks in the coming months.The acquisition, whose price was not disclosed, would give Ondo a bundle of U.S. securities licenses: a broker-dealer, Alternative Trading System (ATS) and transfer agent regulated by the U.S. Securities and Exchange Commission, a company statement said.Tokenization firms have increasingly sought regulated entities to enter the U.S. market as interest in blockchain-based securities soars. Tokenization aims to bring traditional financial instruments such as bonds, stocks and funds on-chain, promising faster and 24/7 settlements, broader investor access and programmable transactions. Reports from Ripple, BCG, McKinsey, and Standard Chartered have projected that tokenized assets could...