Category: Cryptocurrency News

Coinbase co-founder Fred Ehrsam, who launched a brain interface startup last year, announced on Tuesday that the new project, dubbed Nudge, has raised $100 million from two venture firms, Thrive Capital and Greenoaks Capital Partners. Several angel investors also participated in the Series A fundraise. Nudge launched its first product earlier this year, the Nudge […]

submitted by /u/TheGreatCryptopo [link] [comments]

PENGU is finally getting serious consideration this week, with indications of strength straight out of the derivatives market. Open interest has spiked to $591 million, while overall derivatives volume detonated to more than $4.43 billion. That’s a 35% jump in open interest and a massive 291% spike in volume, based on data from Coinglass. Related Reading: PEPE Sparks Google Frenzy With 300% Surge In Search Interest This kind of sharp increase in activity suggests traders are becoming more aggressive. Many are either betting on higher prices or preparing for big moves in both directions. For now, the momentum favors the bulls. Strong Price Holds Support As Traders Build Positions Price-wise, PENGU has been steady above $0.036 after reclaiming the key $0.033 level. It’s currently trading at $0.041. Its relative strength index is sitting at 64.04—well above neutral, but not yet in overbought territory. That’s a good sign for bulls hoping for more upside without triggering a correction too soon. Volume Spikes Add Fuel To Momentum Traders are now watching the $0.038 level closely. That’s just below the Fibonacci 1.618 extension, which sits at $0.03846. If PENGU manages to break above it, more traders could jump in, especially with the derivatives side already heating up. More than 38 million PENGU tokens were exchanged in the past 24 hours, underpinning the strength of the move. The bullish configuration is also aided by support levels near the 0.786 Fib, 0.618, and 0.5 regions. These are areas where buyers have intervened in the past, and they might do the same if prices retract. There are no signs of bearish divergence on the RSI, and each dip has been followed by quick recoveries. That keeps the overall trend in favor of the bulls. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now PENGU Open Interest Up Open interest increasing along with price generally indicates that traders are supporting the move with conviction. But this also makes the market more prone to sudden changes. With $591 million invested in open positions, even a minor pullback could cause a mass of exits. That’s the danger when too much money rushes in too fast. $PENGU break-out/retest pic.twitter.com/EVJaryQzzs — Muro (@MuroCrypto) July 22, 2025  Another Move Upward? PENGU Pudgy Penguins is making another move upward. Crypto analyst Muro’s latest 15-minute chart reveals a sharp push through the downward trendline that kept price in check throughout the prior day. That breakout—paired with a successful retest and bounce—typically marks a change in momentum, hinting that the bulls may be back in control. Featured image from Unsplash, chart from TradingView

XRP Ledger is powering a $130 million breakthrough in Brazil’s private credit markets, with over $500 million more queued as tokenized finance takes center stage. XRP Ledger Just Captured $130M CRA—And $500M More Is Locked and Loading Brazil’s shift toward real-time, transparent credit markets is accelerating with the launch of blockchain-backed private credit infrastructure built […]

As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting. However, fresh on-chain data reveals a significant contrast between the current rally and previous ones – most notably, a decline in BTC deposits to exchanges. Bitcoin Flow Pulse Shows Low Exchange Activity According to a CryptoQuant Quicktake post by contributor Arab Chain, the Bitcoin Inter-Exchange Flow Pulse (IFP) indicator is exhibiting “interesting behavior” in mid-2025. Notably, large investors do not appear to be selling their holdings, despite BTC trading at record highs. Related Reading: Bitcoin Reserves On Exchanges Hit Highest Level Since June 25 – Is BTC In Danger? Typically, sophisticated investors begin profit-taking as an asset approaches ATH territory. However, that behavior appears to be largely absent this time. The lack of selling activity stands in contrast to the market peaks of 2017 and 2021. During both these instances, there were large BTC inflows to exchanges, which were closely followed by significant price corrections. Arab Chain shared the following chart highlighting the relationship between a rising IFP and Bitcoin’s price trajectory. The chart illustrates how price corrections followed rising IFP levels at the end of 2017 and again in 2021. In 2025, despite an IFP surge earlier in the year, the BTC market has since consolidated rather than corrected. For context, the IFP indicator tracks the volume of Bitcoin transferred between centralized exchanges, providing insights into investor sentiment and market conditions. A rising IFP typically suggests growing intent to sell or arbitrage, while a declining IFP indicates reduced exchange activity and stronger holder conviction. This year’s dynamic between IFP and BTC price suggests investors are choosing to hold Bitcoin, even as prices hover near record highs. Arab Chain noted that such behavior reinforces the bullish case. They said: This behavior indicates high confidence in the uptrend so far and partly explains why the price has continued to rise without any clear selling pressure. On the other hand, if the Bitcoin IFP indicator begins to rise, it indicates an intention to sell and an anticipated significant supply pressure. Therefore, a sudden rise in the indicator is a strong warning sign for speculators. BTC Miners Engaging In Profit-Taking While large investors remain largely inactive on the selling front, Bitcoin miners appear to be cashing in on the current rally. Miner outflows surged to 16,000 BTC on July 15 – the highest single-day level since April 7. Related Reading: No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential As selling pressure builds, recent analysis by CryptoQuant contributor Chairman Lee highlights a key support level that BTC must defend to remain on track for the $180,000 year-end target. At press time, BTC trades at $117,529, down 1.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Financial giants BNY Mellon and Goldman Sachs are driving a breakthrough in institutional finance, using blockchain to tokenize money market funds and unlock real-time, programmable asset flows. Wall Street Eyes $7T Fund Sector With New Digital Asset and Blockchain Push A new digital asset strategy is gaining traction as major financial players move to tokenize […]

I have a question related to MEV rewards. If the validator has MEV boot enabled, will the builder keep the priority tips and share only the MEV profits with validator? or validator receives both MEV profits + priority tips? In beaconcha.in it seems like for total EL rewards shown in the UI, priority tips are…
Read more