Author: Crypto Editor
OKB, the native token of crypto change OKX, gained virtually 160% on Wednesday after the platform revealed an overhaul to its blockchain ecosystem and tokenomics, together with a significant burn.The rally, which briefly pushed OKB (OKB) costs as excessive as $135 from a every day low of $45, got here as OKX confirmed it would conduct a one-time burn of 65,256,712.097 OKB from historic repurchases and treasury reserves. After the burn, the full OKB provide might be fastened at 21 million.OKX additionally revealed that it’s going to improve its zero-knowledge Ethereum Digital Machine (zkEVM)-based public chain, X Layer, “to construct…
OKB, the token of cryptocurrency trade OKX, greater than tripled to a report excessive after the corporate executed a one-time burn of 65.26 million OKB, reducing the availability by greater than 50%.Burning the roughly $7.6 billion value of tokens completely reduces the utmost provide to 21 million, in step with the onerous cap coded into bitcoin . The burn, or sending the tokens to a pockets handle that may’t be accessed, was carried out from OKX’s reserves and represents one of many largest deflationary occasions in trade token historical past.The impact of the burn was instantaneous. OKB jumped to $142…
Zug, Switzerland, August thirteenth, 2025, Chainwire dWallet Labs, a core contributor of Ika, and a pacesetter in cryptography and decentralized safety, as we speak introduced REFHE (Ring-Enhanced Totally Homomorphic Encryption), a brand new encryption scheme that brings encrypted computation nearer than ever to how actual processors work. REFHE uniquely helps each arithmetic and logical operations on encrypted 64-bit values, enabling software program to change seamlessly between math and logic—identical to a contemporary CPU. Why This Issues Totally Homomorphic Encryption (FHE) permits computation on encrypted knowledge with out revealing the underlying info—a functionality lengthy thought of a “holy grail” of cryptography.…
OKB, the native token of crypto change OKX, surged by greater than 110% in only one hour on Wednesday, recording an all-time excessive (ATH) of $142.88. The surge adopted a major announcement, with the response mimicking token reactions to itemizing information on standard exchanges. OKX Broadcasts Token Burn and X Layer Improve: All You Must Know Based on on-chain knowledge and statements from OKX, the change completely eliminated 65,256,712.097 OKB tokens, value billions of {dollars}, from circulation in a single transaction. The burned tokens got here from historic buybacks and treasury reserves. As is typical of token burns, they have…
Almost 15B ADA held for over a yr exhibits unwavering long-term holder confidence. Cardano traditionally rallies after extended consolidation phases. New initiatives like Midnight and Courageous integration strengthen its ecosystem outlook. Cardano simply hit a contemporary milestone, and it’s an enormous one — practically 15 billion ADA is now within the arms of long-term holders, locked away for over a yr. It’s a quiet but highly effective sign, particularly contemplating ADA’s worth has been crawling as an alternative of sprinting. Nonetheless, this sort of accumulation has a approach of setting the stage for sudden upside… and perhaps even a brand…
In a surprising transfer, Tom Lee’s Ethereum treasury agency BitMine is providing as much as $20 billion in frequent inventory to gasoline its aggressive ETH shopping for and staking technique, The legendary Wall Avenue investor and Fundstrat CEO seems decided to accumulate 5% of Ethereum’s complete provide, and isn’t losing any time to get there. BitMine has now elevated the dimensions of its at-the-market (ATM) providing to $24.5 billion, which it’s anticipated to solely use to extend its ETH holdings. The Ethereum worth has climbed as much as $4400 on the information for the primary time since December 2021, additionally…
A math-based state of affairs is getting consideration in markets this week. In response to specialists, Ether’s market worth has traditionally moved to about 30–35% of Bitcoin’s market cap throughout main bull runs. Associated Studying If Bitcoin climbs to $150,000 from its present value of $119,250, that ratio would put Ether close to $8,656 on the prime finish of the mannequin. On the time of writing, Ether was up 8% in a 24-hour value transfer, hitting $4,630 for brand spanking new weekly excessive. Bitcoin was up a p.c, and slowly closing in the important thing $120,000 area, knowledge from Coingecko…
Why are whales exiting?Key bearish components nowWith the closure of all lengthy positions, Machi Large Brother, some of the highly effective whales in the marketplace proper now, secured over $33.8 million in earnings. On condition that the charts for Ethereum and Bitcoin are each displaying indications of an overheated market, this transfer is inflicting anxiousness. The Bitcoin each day chart exhibits a double rejection sample, with the value testing the $120,000 resistance degree twice however failing to interrupt by way of. Why are whales exiting?The exceptionally low quantity on breakout makes an attempt signifies that there’s not a lot shopping for…
Google search exercise for “altcoin” has reached its highest stage in 5 years, matching curiosity ranges final seen throughout Ethereum’s basis.The surge coincides with a shift in market construction as Bitcoin’s share of the entire crypto market has slipped towards 60% after peaking mid-summer, a sample that has typically preceded intervals of stronger efficiency in various cryptocurrencies. Ethereum has subsequently reached multi-year highs, breaking $4,500.altcoin searches (Supply: Google Tendencies)Bitcoin dominance just lately eased to the 59–61% vary, a threshold the place capital traditionally begins to rotate into large-cap altcoins reminiscent of Ethereum, Solana, and XRP. That rotation seems to be…
Caroline Bishop Aug 13, 2025 07:58 Uniswap technical evaluation factors to $13.50 worth goal inside 2-3 weeks, with bullish momentum confirmed by MACD and RSI positioning close to key resistance at $12.00. UNI Value Prediction: $13.50 Goal by Month-Finish as Technical Indicators Sign Continued Rally UNI Value Prediction Abstract • UNI short-term goal (1 week): $12.50 (+5.9% from present $11.80) • Uniswap medium-term forecast (1 month): $13.00-$13.50 vary • Key stage to interrupt for bullish continuation: $12.00 resistance • Vital assist if bearish: $10.30 (SMA 20 confluence) Latest Uniswap Value Predictions from Analysts The newest UNI worth prediction consensus…