Author: WebDesk

As OKX releases its latest proof of reserves, holding $28.8 billion in assets, a curious trend emerges: Bitcoin withdrawals persist while Ethereum deposits climb. What’s driving the shift, and does it signal deeper market dynamics? Summary OKX’s 33rd proof of reserves confirms full backing of $28.8B in user assets, with BTC at 106% and ETH at 101%. Despite robust reserves, user-held Bitcoin dropped by 8,395 BTC since May, a nearly $1B outflow. Ethereum deposits surged 6%, signaling shifting sentiment as traders embrace ETH’s growing on-chain utility. On July 30, crypto exchange OKX published its 33rd proof of reserves, verifying it…

FunToken is no longer just a speculative GameFi asset; it’s evolving into a credible infrastructure token for the decentralized gaming space. Its recent market momentum isn’t accidental or hype-driven. Instead, it reflects a deliberate alignment of key ecosystem developments, deflationary token mechanics, and strong technical indicators. With over 3 billion mobile gamers globally and a rising appetite for play-to-earn models, FUNToken’s expanding use cases, from staking and tipping bots to AI-integrated gaming experiences, are capturing the attention of both users and investors. Add in the recent Uniswap liquidity surge, cross-chain bridge announcements, and consistent token burns, and the stage was set…

Join Our Telegram channel to stay up to date on breaking news coverage Billionaire Mike Novogratz, the chief executive officer of Galaxy Digital, has just changed his profile picture to a Nakamigos non-fungible token image. In response to this bullish move, the Nakamigos NFT collection has seen its trading sales volume and floor price pump to new heights. In less than 24 hours, the Nakamigos NFT trading sales volume has soared by +1,000% from the past day. Novogratz Changes His X Avatar To A Nakamigos NFT Earlier this morning, Mike Novogratz updated his X profile picture to an image similar…

The well-planned presale structure and the combination of artificial intelligence and blockchain utility make Ozak AI one of the most noticeable projects in the crypto world in the near future. It started actively with Stage 1 at the low price of $0.001 so that the early adopters could join it at a very minor price. When people gained interest and picked up the momentum, there was Stage 2 at $0.002, followed by Stage 3 at $0.003, and now there is Stage 4, which is trading at $0.005. Such a stable rise is an indicator of high investor confidence and the development…

The White House has released a 163-page strategy outlining its approach to cryptocurrency policy, but one major detail was left out: what the government plans to do with its Strategic Bitcoin Reserve. While the report pushes regulators like the SEC to take action even without new laws, it offers little clarity on how the U.S. will handle its own crypto assets.No New Plans or Clarity Discussed in Crypto ReportThe recently released crypto report gives the most detailed look so far at President Donald Trump’s efforts, covering both major and minor policy moves happening this year. But for those in the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin experienced a wave of volatility following the news that Galaxy Digital executed one of the largest notional Bitcoin sales in history—an 80,000 BTC transaction on behalf of a long-term client. The announcement, made in a press release on July 25, confirmed that the sale was successfully completed and immediately sent shockwaves through the market. The scale of the transaction drew widespread attention, sparking intense speculation across the crypto space. While Galaxy Digital emphasized the professional execution and strategic nature of the sale, the sheer volume involved…

Toncoin (TON) seems to be defying the market trend, registering rallies across all time frames while the larger market faces a correction. According to CoinGecko’s TON data, TON has rallied 3.9% in the last 24 hours, 3.1% in the weekly charts, 9.3% in the 14-day charts, and 18.3% over the previous month. Despite the upward momentum over the last few days, the asset’s price has fallen by 48.4% since July 2024.Source: CoinGeckoWhat’s Behind TON’s Upswing?Source: Asia CryptoAccording to CoinGlass TON data, TON has seen a 41.46% rise in volume over the last 24 hours. The asset has also seen a…

After a few exciting weeks for altcoins — with BNB hitting fresh all-time highs — markets are shifting again. Ethereum treasury companies are popping up everywhere, giving ETH a fresh narrative. But what about Bitcoin? While BTC seemed steady around $120,000, the past few days have felt uncertain. Let’s break down the latest on Bitcoin’s price, explore why PayPal might be the biggest catalyst yet, and look at what’s next.Bitcoin Hovering Around $118K – Calm Before the Storm?Bitcoin is currently trading near $118,000. That’s a solid number, but things aren’t moving much. Over the weekend, BTC pushed to $120K, then…

Join Our Telegram channel to stay up to date on breaking news coverage The global non-fungible token market has shown signs of a significant recovery, rising in nearly all metrics. Specifically, the market capitalization has risen to $6.6 billion, reaching its highest level since early February 2025. In response to this surge, Beeple, a renowned digital artist, has prepared a non-fungible token event to celebrate the NFT market resurgence. The NFT event is slated to happen next weekend. CryptoPunks Meetup 2.0 Is Coming Next Weekend In a July 29 blog post, Mike Joseph Winkelmann, known professionally as Beeple, confirmed plans…

JPMorganChase and Coinbase announced a strategic partnership aimed at simplifying Bitcoin and crypto access according to a press release sent to Bitcoin Magazine today.  The partnership introduces three major features for mutual customers: Direct Bank-to-Wallet Connection: Using JPMorgan’s secure API, Chase customers will be able to link their bank accounts directly to their Coinbase wallets, streamlining transfers and enhancing transactional confidence. Chase Ultimate Rewards Transfer: Customers will soon be able to redeem Chase Ultimate Rewards points at a 1:1 ratio—100 points for $1—directly into their Coinbase accounts for Bitcoin and crypto purchases. Chase Credit Card Funding: Starting Fall 2025, customers…