Venom blockchain hits 1M testnet wallets in two months.

Venom Blockchain has reached one million wallets on its testnet within just two months of its launch, according to a July 25 statement shared with CryptoSlate. The blockchain network’s Foundation attributed the rapid adoption “to its innovative technology, rigorous regulatory compliance, and secure, user-friendly environment catering to a diverse user base. origin »

FOMC preview: Brace for impact.

Quick Take As the upcoming FOMC meeting looms tomorrow, July 26, anticipation builds up around the Federal Reserve’s projected interest rate hike of another 25 basis points. Market estimates attribute a near-certainty to this adjustment, assigning it a 99% probability. origin »

Bitcoin Coinbase Premium Turns Red, US Institutions Disinterested?.

Data shows the Bitcoin Coinbase Premium Gap has turned negative recently, a sign that large US-based investors may be selling currently. Bitcoin Coinbase Premium Gap Has Remained Near Neutral For A While Now As pointed out by an analyst in a CryptoQuant post, the interest from US investors in the asset has declined during the last couple of months. origin »

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XRP crowned top-traded altcoin of the year: Kaiko.

Blockchain analytical firm Kaiko reported that Ripple’s XRP is the top-traded altcoin for this year, with its trading volume exceeding $150 billion. XRP’s trading volume completely dwarfs that of other altcoins rival significantly, with the closest being Solana’s SOL, recording about $100 billion. origin »

Short-term holders continue to capitulate.

Quick Take In the world of Bitcoin, recent trends have shown that short-term holders continue to capitulate, even as Bitcoin trades briefly just below $29,000. This trend has led to over 20,000 coins being sold at a loss, marking one of the highest levels of capitulation this year from short-term holders. origin »

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Will Bitcoin Rebound? This Metric May Be The One To Watch.

The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the dolphins and sharks of the top stablecoins like Tether (USDT) and USD Coin (USDC) may be relevant for the price of Bitcoin. origin »

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