Top stories this week
- BlockDAG Emerges as Promising Crypto Investment for 2025
BlockDAG is gaining significant attention as a top cryptocurrency to invest in by 2025. It is featured prominently in analyses alongside other major cryptocurrencies like XRP, Stellar, and Solana for its potential to lead market growth. Investors are considering it a strong candidate due to its technology and performance prospects.
- Mysterious Altcoin Outshines BNB, SUI, HBAR in Performance
A less-discussed altcoin is on the rise, outperforming notable cryptocurrencies such as BNB, SUI, and HBAR. This development draws attention in the crypto community as investors look for altcoins that may yield substantial returns in the near future.
- Justin Sun Sues Bloomberg Over Crypto Asset Disclosure
Tron Founder Justin Sun is legally challenging Bloomberg to prevent the publication of his cryptocurrency holdings. Sun argues that the disclosure of this private information could be damaging and has taken legal action to maintain his financial privacy.
- U.S. Treasury Secretary’s Ambiguous Bitcoin Acquisition Plans
Treasury Secretary Scott Bessent’s remarks about the U.S. acquiring more Bitcoin to manage national debt has created confusion. Although Bessent mentioned possible Bitcoin acquisitions for the national reserve, contradictory statements emerge questioning the strategic intent behind such actions.
- Kraken Suspends Monero Deposits Due to 51% Attack Concern
Kraken has paused Monero deposits following a security incident where a single pool claimed control over 51% of the network’s hashrate. This action highlights the vulnerabilities that exist for privacy-focused cryptocurrencies and the need for enhanced security measures.
- Japan FSA to Approve First Yen-Denominated Stablecoin
Japan’s Financial Services Agency is set to approve the country’s first stablecoin pegged to the yen this autumn. This move marks a significant development in Japan’s fintech landscape, potentially boosting financial innovation and stability.
- Altcoins Enter the Spotlight as Investment Choices for 2025
Several altcoins, including Cold Wallet, LINK, ADA, and ENA, are being highlighted for potential strong performance in 2025. These cryptocurrencies are gaining attention for their innovative technologies and market potential compared to more established coins.
- Prominent Cryptocurrencies Hold Support Ahead of Major Market Events
Bitcoin, Ethereum, XRP, and Dogecoin are currently maintaining key price levels amid anticipation of significant market events. The stability of these assets will be crucial as they face potential shifts driven by macroeconomic factors.
- MAGACOIN FINANCE Gains Attention from Crypto Whales
MAGACOIN FINANCE is seeing increased interest from crypto ‘whales’ over other well-known assets like XRP and Solana. The cryptocurrency is attracting attention with its strong presale figures and perceived potential for significant ROI.
- Altcoins Set to Watch for Potential Highs in August
Investors are keeping a close eye on three altcoins that could hit all-time highs in August. These anticipated moves are being assessed with a range of market and economic factors coming into play during this period.
Hottest coins of the week
Wiki Cat (WKC)
Wiki Cat (WKC) has seen an impressive surge, with its price increasing by +49.75% in the last 24 hours and an incredible +287.64% over the past week. This significant rise is likely driven by growing community support and heightened investor interest, as well as recent exciting developments or partnerships within its ecosystem. As enthusiasm builds, Wiki Cat emerges as an attractive option for those looking to explore new opportunities in the crypto market.
Definitive (EDGE)
The cryptocurrency Definitive (EDGE) is on a remarkable rise, with its price surging by +27.85% in the last 24 hours and an impressive +133.57% this week. This surge is being fueled by growing optimism in the market and the increasing adoption of its blockchain technology by various industries. The unique features and potential of the Definitive coin are making it a preferred choice for investors looking to capitalize on cutting-edge technological advancements in the crypto sphere.
Bio Protocol (BIO)
Bio Protocol (BIO) token’s price has surged by 72% recently, and this excitement around the coin is part of a broader “DeSci Summer” movement, highlighting increased adoption and growth in decentralized science. The coin’s value has jumped by 18.28% in the past 24 hours and 37.55% this week, reflecting the market’s enthusiasm for this sector. Investors may be attracted by the promise of innovation in biotechnology and decentralized applications, fueling the positive momentum for Bio Protocol.
Ultima (ULTIMA)
Ultima (ULTIMA) has seen a remarkable spike, climbing +14.56% in the last 24 hours and +34.53% this week, which may be attributed to recent increased market enthusiasm and the warming discussions around meme coins. The anticipation for meme coins outperforming established players like SHIB and PEPE has intensified, suggesting that Ultima might be garnering attention as a viable contender in this growing interest. As the decentralized finance ecosystem continues to evolve, coins like Ultima could be perceived as potential beneficiaries of investor shifts towards newer, high-growth asset opportunities.
Memecoin (MEME)
The price of Memecoin (MEME) has surged by +18.79% in the last 24 hours and +26.85% this week, influenced by a steady rise in community engagement and growing interest from crypto whales. Investors are flocking to meme coins, and Memecoin is benefiting from this momentum as the broader meme coin sector experiences renewed vigor. With emerging projects drawing attention to meme coins as more than just speculative assets, Memecoin appears ready to capitalize on this revitalized interest and gain mainstream recognition.
TROLL (TROLL)
The TROLL memecoin has experienced significant price increases, with a 7.12% rise in the last 24 hours and an impressive 18.64% gain this week. This surge is primarily driven by a combination of community enthusiasm, virality in the meme coin market, and speculation of a possible Binance listing, which has fueled investor interest and trading volume. Additionally, the TROLL token’s market cap has skyrocketed to $160 million, attracting attention for its rapid growth potential in the volatile crypto landscape.
