Dogecoin’s 365-day MVRV ratio fell to 0.74, a level that Santiment associates with a potential accumulation zone. Derivatives traders expanded their exposure, and top Binance and OKX accounts leaned heavily long, while spot selling persisted. DOGE was still holding near $0.0800, and the technical picture remained mixed, with bearish momentum…
Fhenix has put its CoFHE coprocessor into production on Ethereum and Arbitrum, allowing smart contracts to process encrypted data. Offchain Labs CEO Steven Goldfeder said the technology addresses institutional privacy needs in decentralized finance. Fhenix plans to launch three more decentralized applications in the fourth quarter and is exploring confidential…
Strategy (MSTR) rose more than 7% and Strive (ASST) jumped over 13% on Wednesday as bitcoin recovered toward $85,000. Strategy bought 267 BTC last week, lifting its holdings to 848,517 BTC, while Strive reached 36,818 BTC after a 4,045 BTC purchase. Strive raised $630 million through a new 15% dividend…
Sony Bank’s proposed trust subsidiary, Connectia Trust, received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency on July 2. The filing describes a dollar-backed stablecoin on a restricted, closed-loop network, but it does not mention PlayStation or game purchases. Connectia still needs pre-opening requirements and…
An Ipsos poll reported by Reuters found that 69% of Democrats and 61% of Republicans oppose using prediction markets to bet on election results. Opposition also extends to wagers on military actions and government policy decisions, according to the same survey. Industry defenders point to forecast accuracy, but critics argue…