Author: James Wilson

One DeFi user lost over $1.23 million after falling victim to a scam that utilizes Google Ads to promote fraudulent websites. Crypto scams are becoming increasingly rampant, and major platforms appear to be doing insufficiently to prevent them. On Monday, July 21, one DeFi user lost over $1.23 million in Uniswap NFTs after signing a malicious transaction on a phishing website. What is worse, scam sites like these are rampant on the Google Ads platform. https://twitter.com/realScamSniffer/status/1947198066907582590 According to Scam Sniffer, the user in question accessed a phishing website meant to look the same as the Uniswap platform. Once there, they…

Sandbox is trading at a critical inflection point, showing signs of a potential trend reversal. If key resistance levels break, the price could accelerate toward the $0.60 region, driven by a classic double bottom formation. The Sandbox (SAND) is currently forming a textbook double bottom formation at the lower end of its long-term trading range. This bullish reversal pattern has the potential to mark the end of the previous downtrend and begin a new uptrend characterized by higher highs and higher lows. Price has reclaimed the point of control, which is the region with the highest traded volume, and is…

StablecoinX, a newly formed company, is poised to become the first publicly traded firm to acquire Ethena and establish a treasury strategy. StablecoinX is a new business venture formed after the merger of special-purpose acquisition company TLGY Acquisition and StablecoinX Assets Inc. The merger will see StablecoinX listed on Nasdaq Global Market with the ticker symbol USDE. According to a press release on July 21, StablecoinX has secured $360 million in a capital raise that includes $60 million in Ethena (ENA) from the Ethena Foundation.  TLGY and SC Assets also attracted capital commitments from top cryptocurrency venture capital firms, with those…

Solana’s recovery coincided with a similar increase in its DeFi TVL, which reached the highest level in six months. The latest crypto bull run boosted both Solana’s (SOL) price and DeFi ecosystem. On Monday, July 21, Solana’s total market cap once again crossed $100 billion, with SOL trading at $194.62 per coin. With a market cap hovering below $105 billion, this is the highest level this metric has reached since Jan. 25 this year. Solana’s DeFi total value locked in USD | Source: DeFiLama At the same time, the increase in Solana’s price also contributed to the rising value of…

Coinbase has launched perpetual futures trading in the U.S., with eligible users in the country set to access two futures contracts as of July 21. On Monday, the exchange said U.S. users can now trade perpetual derivatives via its Coinbase Financial Markets account, initially with access to nano Bitcoin Perpetual Futures (BTC-PERP) and nano Ether Perpetual Futures (ETH-PERP).  The rollout of the Commodity Futures Trading Commission-regulated crypto perpetuals comes a few weeks after Coinbase announced plans to offer the product in the U.S. Customers looking to access the futures offering on Coinbase must have an account. This is where they…

Stocks climbed toward record highs on Monday as investors looked past tariff tensions and focused on upcoming tech earnings. The Dow rose 220 points (0.52%), while the S&P 500 and Nasdaq gained 0.58% and 0.75%, respectively. Traders are piling into tech shares ahead of key results from Alphabet and Tesla, both set to report on Wednesday. Optimism is high—but so are valuations, drawing warnings from economists who see signs of a growing AI-fueled bubble. Apollo’s chief economist, Torsten Slok, said valuations for top S&P 500 firms, such as Nvidia, Microsoft, and Apple, now exceed their peaks from the dot-com era.…

Sonic has confirmed a bullish break in market structure above the point of control (POC), signaling the end of its downtrend. With a successful retest in play, the $0.52 target is now firmly in sight. Sonic Token (SONIC) has officially broken out of its prolonged downtrend after reclaiming a major support zone — the POC. This development follows an aggressive move off the yearly low, which was established around $0.26. That level coincided with the value area low and acted as the base for accumulation. After months of bearish price action, the market has shifted. The first structural sign of…

While Bitcoin’s price surged past $122,000 last week, Strategy grew its holdings to over 607,770 BTC, proving its conviction hasn’t wavered. The company’s stash is now worth more than the cash reserves of ExxonMobil, cementing its position as a heavyweight in both crypto and traditional finance. According to a Form 8-K filed with the U.S. Securities and Exchange Commission on July 21, Strategy acquired 6,220 Bitcoin (BTC) between July 14 and July 20 at an average price of $118,940 per coin, bringing its total holdings to 607,770 BTC. The Tysons Corner, Virginia-based company said it funded the $739.8 million purchase…

Aptos is showing signs of reversal from a high-timeframe accumulation zone, with a bullish falling wedge breakout forming at the value area low. If sustained volume follows, a move toward $10 resistance is increasingly likely. Aptos (APT) is trading at a significant technical area, the value area low of its long-term range and has formed a falling wedge pattern that is beginning to break to the upside. This structure often appears at market bottoms and is widely regarded as a bullish reversal signal, especially when validated by an increase in volume and reclaim of structural levels. Historically, every visit to…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse, Hyperliquid, and AAVE are gaining strong traction this month, sparking renewed excitement across the altcoin market as investors hunt for high-upside opportunities. Three emerging altcoins are making notable strides, drawing keen interest from the crypto community this month. Hyperliquid, AAVE, and XYZVerse are experiencing impressive upward trends, hinting at the potential for significant gains in the near future. Exploring the factors behind their current spikes could uncover intriguing prospects in the dynamic world of digital currencies. XYZVerse draws…