Author: Ibrahim Abdulaziz Adan

Ethereum jumped 5.68% to $3,682.93 after three major companies bought over 1.35 million ETH.  BitMine now holds 833,000 ETH worth $2.9 billion and aims to acquire 5% of all circulating tokens.  Ethereum dominates DeFi with 90% of real-world assets and processes over $170 billion in decentralized exchange volume. Ethereum rallied to $3,682.93 on Tuesday, marking its strongest intraday performance over two weeks. The second-largest cryptocurrency gained 5.68% from its opening price near $3,489, driven by massive institutional acquisitions totaling more than 1.35 million ETH across three major treasury companies. The price action saw ETH break through multiple resistance levels, surging…

Troublemaker 2 launches on Steam September 15 and features open-world beat ’em up gameplay in the fictional Indonesian city of South Jayakarta. Players control Jordan and Budi with different fighting styles while they pursue band dreams and face teenage challenges with their friend groups. The game includes combo combat, exploration activities, side quests, and various shops that help players defeat enemies using multiple strategies. Publisher indie.io and developer Gamecom Team have confirmed the Steam release date for their upcoming action-comedy beat ’em up game, Troublemaker 2: Beyond Dream. The sequel will launch exclusively on PC via Steam on September…

Call of Duty: Warzone is giving away 50 limited-edition popcorn buckets shaped like Verdansk Stadium through a Twitter sweepstakes contest. Players must tweet with “#CODPopcornBucketSweepstakes” and tag the official Call of Duty account to enter the giveaway. The promotion coincides with the upcoming Black Ops 7 reveal at Gamescom on August 19th and follows the growing trend of gaming merchandise. Call of Duty: Warzone has entered the collectible merchandise space with a limited edition popcorn bucket giveaway. The gaming franchise joins a growing trend of entertainment properties creating unique promotional items for fans. The Verdansk Stadium-themed bucket celebrates the new…

The CFTC launched an initiative to enable spot crypto trading on regulated exchanges, and public comments are due August 18.  These new contracts would work like futures but mirror actual crypto prices on official CFTC markets.  The agency currently operates with only two commissioners, but is coordinating with the SEC to create federal crypto trading rules. The U.S. Commodity Futures Trading Commission has initiated a groundbreaking effort to enable spot cryptocurrency asset contracts on CFTC-registered futures exchanges. This development represents a significant step toward a federal-level digital asset trading infrastructure. Acting Chair Caroline Pham announced the initiative Monday as part…

Fed President Mary Daly signals rate cuts are coming soon due to weak job growth and stable inflation.  Markets now expect a 94.4% chance of September rate cuts from the current 4.25%-4.50% to 4.00%-4.25%.  Lower rates typically boost crypto markets as investors seek higher returns outside traditional assets. San Francisco Federal Reserve President Mary Daly has indicated that interest rate cuts may begin soon, with potential for more than two reductions this year. Her comments signal a shift in Federal Reserve policy as economic conditions evolve. Daly cited weakening labor market trends and stable inflation as primary drivers for the…

Trump announced substantial tariff increases on Indian goods over the Russia oil trade, and Bitcoin dropped from $115,524 to below $115,000.  India’s Ministry of External Affairs vowed to protect national interests against the new U.S. trade pressures.  The tariff threat marks the first direct economic retaliation against India since the Ukraine war began. President Donald Trump revealed plans to substantially raise tariffs on Indian goods following criticism of India’s oil trade relationship with Russia. The announcement sent shockwaves through financial markets, with Bitcoin falling below $115,000 after reaching an intraday high of $115,524. Trump issued the statement on Truth Social,…

XRP inflows dropped 83% from $190 million to $31.3 million but still ranked second among altcoins behind Ethereum. The crypto market saw $223 million in total outflows driven by Fed policy concerns and weak U.S. job data. XRP strengthened due to positive SEC developments and the rumored August 15 lawsuit deadline. The cryptocurrency market experienced severe turbulence last week, with digital asset fund flows revealing dramatic shifts in investor sentiment. XRP witnessed an 83% decline in weekly inflows, dropping from $190 million to $31.3 million, according to CoinShare’s latest Digital Assets Fund Flows report. Despite the significant crash, XRP remained…

Verb Technology raised $558 million and will rebrand as TON Strategy Co to become the first public company with a dedicated Toncoin treasury. After the announcement, VERB stock jumped 100% but has since pulled back to around 50% gains in premarket trading. The company plans to use most proceeds to buy Toncoin and generate staking rewards as its primary treasury strategy. Nasdaq-listed Verb Technology has announced plans to become the first publicly traded company with a dedicated TON treasury strategy. The company secured $558 million through an oversubscribed private placement and will rebrand as “TON Strategy Co.” The move positions…

WoofSwap proposed reforms for Shibarium after accusing leaders of favoring specific projects over others. The dispute involves alleged selective endorsements that create unfair competition within the ecosystem. Both sides want transparency reforms to attract developers and improve Shibarium’s competitiveness. WoofSwap has unveiled an ambitious reform plan targeting Shibarium’s development structure after publicly criticizing Shiba Inu leadership for alleged project favoritism. The decentralized exchange outlined specific measures to enhance network performance and restore community balance. WoofSwap’s Eight-Point Reform Strategy The proposed reforms address multiple technical and governance issues within Shibarium. WoofSwap’s plan includes modifying the controversial 20 million BONE allocation based…

Pi Coin dropped 2.94% to $0.354, but technical patterns suggest potential recovery to $0.58 range. A mysterious whale bought over 350 million Pi Coins worth $125 million and continues accumulating tokens. August will release 155 million locked tokens, but whale buying may offset the selling pressure. Pi Coin trades at $0.354 on Monday, August 4, marking a 2.94% decline over the past 24 hours. The cryptocurrency reached its lowest point at $0.32 on Friday before showing signs of potential reversal. Technical analysis reveals expanding Bollinger bands following the recent price drop. This pattern mirrors similar movements observed in May when…