Author: WebDesk

The Polygon Heimdall v2 upgrade has finally debuted on the mainnet, sparking a 10% price surge for POL. Heimdall v2 upgrade modernizes the Polygon PoS network for improved performance, security, and scalability. Polygon Foundation has announced that the long-awaited Heimdall upgrade has finally gone live on the mainnet. Following the announcement, Polygon’s native asset, POL, saw its price increase by over 10%. Polygon Gets a New Lift with Heimdall As revealed in an X post, the team launched the Heimdall v2 upgrade on the Polygon PoS mainnet, together with PIP-43, PIP-44, and PIP-62.  The Polygon Foundation said the team is…

Bitcoin has officially entered a new chapter in its bull market, surging to fresh all-time highs near $118,800 after weeks of tight consolidation. This decisive breakout marks a pivotal shift in momentum, with analysts pointing to a potential explosive leg higher as bullish sentiment returns. The move above previous highs has not only reignited interest in BTC but also fueled optimism across the broader crypto market. Related Reading One of the most telling indicators of the current cycle’s strength is Bitcoin Dominance. According to top analyst On-Chain Mind, BTC dominance has climbed to 65% since the beginning of this bull…

SharpLink Gaming has purchased 10,000 ETH from the Ethereum Foundation in a $25.7 million over-the-counter (OTC) deal. The purchase is the first direct acquisition of ETH by a publicly listed company from the Ethereum Foundation. The company may be positioning ETH as its primary treasury reserve asset, and plans to stake and restake the acquired ETH, effectively removing it from circulation. SharpLink Gaming Acquires 10,000 ETH The Ethereum Foundation has sold 10,000 ETH to SharpLink Gaming in an OTC deal worth $25 million. The deal is the first time a publicly-listed company has directly acquired ETH from the foundation. SharpLink Gaming completed the…

Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team […] Credit: Source link

Caroline Bishop Jul 12, 2025 07:55 Algorand (ALGO) sees positive momentum with staking launched on Binance and Crypto.com, Wormhole integration improving multi-chain transfers, and a price climb to $0.22. 1. Executive Summary Algorand (ALGO) has been in the spotlight this week, driven by significant developments that enhance accessibility, interoperability, and market activity. With staking now available on Binance and Crypto.com, alongside the integration of Wormhole’s Native Token Transfers (NTT), the network has bolstered its ecosystem. ALGO’s price currently stands at $0.22, reflecting cautious optimism despite recent bearish trends. This article delves into the…

Terrill Dicki Jul 12, 2025 07:50 Injective (INJ) surged 15% this week, breaking a multi-month bearish trend. With its EVM testnet launch, rising adoption, and bullish technical momentum, INJ eyes $15+. 1. Executive Summary Injective (INJ) has captured the spotlight this week with a stellar 15.26% price surge, breaking out of a multi-month descending channel. Positive developments, including the launch of its Ethereum Virtual Machine (EVM) testnet and a 1,500% spike in daily active addresses since January, have bolstered bullish sentiment. Despite some broader market weakness earlier in the week, Injective’s strong fundamentals…

Peter Zhang Jul 12, 2025 07:45 Floki (FLOKI) is gaining bullish momentum after its listing on Webull Pay and the launch of the Valhalla mainnet. Technical signals suggest a potential 50% rally. 1. Executive Summary Floki (FLOKI), a cryptocurrency originally known as a meme token, has evolved into a utility-driven asset with strong fundamentals. Over the past week, FLOKI has made significant strides, including its listing on Webull Pay, which opens the door to 24 million potential investors, and the full launch of its Norse-themed blockchain MMORPG, Valhalla. These developments, combined with bullish…

Joerg Hiller Jul 12, 2025 07:41 Shiba Inu (SHIB) shows signs of a major bullish breakout with whale activity surging and technical indicators turning positive. However, risks like centralization and exchange delistings add uncert… 1. Executive Summary Shiba Inu (SHIB) has captured the spotlight this week with a mix of bullish technical signals and increased whale activity. Following a technical breakout above resistance at $0.00001280 and a surge in large transactions, SHIB appears poised for further gains. However, concerns over centralization, exchange delistings, and security vulnerabilities in its layer-2 platform, Shibarium, temper the…

The Stellar (XLM) price is gaining bullish momentum as recent network-level enhancements and rising ecosystem activity fuel demand. The upcoming Protocol 23 upgrade introduces improvements in smart contract performance and data handling, positioning Stellar to support more complex decentralized applications. Meanwhile, institutional adoption and a notable rise in tokenized asset flows are reinforcing the network’s utility in cross-border payments and DeFi. These fundamental shifts in infrastructure and use case expansion are driving renewed interest and sustained upward pressure on the XLM price. But the question remains whether the price will reach $ in 2025.Major Stellar Core Upgrade—Protocol 23Recently, the Stellar Development…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In tech, abstraction has long been synonymous with progress. We moved from physical servers to the cloud. From local files to APIs. From self-hosting to “serverless.” Infrastructure became invisible—outsourced, simplified, and abstracted into someone else’s computer. And for a time, it worked. The cloud brought speed, scale, and convenience to millions of developers and enterprises. But that abstraction came with a cost: control. Today, we’re seeing the limits of that trade-off. The AI boom demands compute that’s…