Author: NBTC
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Phantom has acquired the Solana trading and analytics platform Solsniper, Blockworks has learned exclusively. Phantom declined to disclose the deal terms. Solsniper is one of a raft of platforms that provide advanced features and tracking tools for memecoin traders. Solsniper’s web app will continue to operate as a standalone platform, and Solsniper’s team, led by co-founder and CEO Max Zhuang, will join Phantom. While Phantom cut its teeth as a crypto wallet, the acquisition perhaps signals the well-funded platform’s plans to deepen its trading capabilities, especially after…
The NFT market had an exciting day on 4th August 2025, with Courtyard being the most traded collection and Blur, the largest NFT marketplace. There was continued activity on legacy projects, as well as on emerging projects, with some high-value transactions, and a shift in collector interest. #NFT MARKET OVERVIEW TOP COLLECTION #Courtyard – 24H Volume $2.25M… pic.twitter.com/ZwDjsNEQkO — PHOENIX – Crypto News & Analytics (@pnxgrp) August 4, 2025 Courtyard and Pudgy Penguins Lead Collection Rankings Courtyard had the largest number of trading activity among NFT collections, reaching a peak of $2.25 million in sales over an incredible 27,450 sales.…
A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin , according to recent public statements.The proposal would install mining hardware at facilities owned by state utility Électricité de France (EDF), according to news outlet Le Monde. The process would take advantage of surplus energy generated by these nuclear power plants. France is the largest producer of nuclear power in the European Union, according to 2023 data from Eurostat. It accounted for 338,202 gigawatt hours, or more than half the 27-nation bloc’s total output. The…
In a significant announcement that has captured the attention of the cryptocurrency world, MARA Holdings, a leading Bitcoin mining company, recently revealed a monumental milestone. The company successfully mined an impressive 703 BTC in July alone, pushing its total Bitcoin holdings past the coveted 50,000 mark to an astounding 50,639 BTC. This achievement, confirmed via a GlobeNewswire press release, underscores MARA Holdings’ relentless pursuit of operational excellence and strategic growth within the highly competitive Bitcoin mining sector. What Does This Milestone Mean for MARA Holdings? Reaching over 50,000 BTC in holdings is not just a number; it is a testament…
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, shared his views on the differences between the new generation of individual investors and institutional investors on Amit Kukreja’s podcast. The experienced strategist clearly stated that the real reason behind his preference for Ethereum was the growth in the stablecoin sector. Tom Lee, a long-time chief strategist at JPMorgan Chase, is known among US investors for his accurate predictions of market trends and frequent appearances on major media platforms like CNBC. However, he has also been the target of criticism for his consistently optimistic approach to the market.…
Gaia AI, one of the most prominent platforms in creating algorithms to decentralize AI inference architecture, has announced the launch of its Mainnet, which is a major milestone in the movement of transforming artificial intelligence into a community-centered framework. We’re thrilled that our partner @Gaianet_AI is live with their Mainnet!@Gaianet_AI is building one of the most robust infrastructures for building and deploying agents and is an important partner for us as we decentralize the AI stack for the world. https://t.co/cnQkBCfRQb — Mira (3/3) (@Mira_Network) July 30, 2025 The launch of the mainnet network provides incentivized and scalable compute resources to…
Bitcoin broke its all-time high price record at $119,292.62. After this historic high, the price has retreated somewhat and is currently trading at $118,979.14. Bitcoin, which has gained 9.22% over the past seven days, has once again attracted investor attention. In the last 24 hours, the cryptocurrency market saw a total of $205.37 million in liquidations. $83.77 million of these liquidations came from long positions and $121.59 million from short positions. The assets that saw the most liquidations were as follows: BTC: $41.13 million ETH: $35.06 million XRP: $15.32 million XLM: $10.69 million Altcoins like PENGU, DOGE, SOL, and HBAR…
How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply
Coinbase executive Conor Grogan announced that at least 913,111 Ethereum (ETH) were permanently lost due to user error. This amount, currently valued at approximately $3.43 billion, corresponds to 0.76% of the total ETH supply. According to Grogan, these losses stem from irreversible transactions and inaccessible wallets. Furthermore, when we include the 5.3 million ETH (approximately $20 billion) burned under EIP-1559, an update to Ethereum’s fee mechanism, more than 5% of the entire Ethereum supply has been permanently removed from circulation. Grogan noted that this loss only covers ETH that is verifiable and technically “locked forever,” not lost private keys or…
The decentralized finance (DeFi) sector is making considerable buzz on the social media. As per the data from Phoenix Group, $SOL, $XRP, and $LINK are the top DeFi projects when it comes to social activity over past 24 hours. The crypto data and analytics platform revealed in its recent X post that the growing social activity of these projects indicates the rising community sentiment and engagement. Hence, this significant interest is anticipated to lead to robust progress in the near future. TOP #DEFI PROJECTS BY SOCIAL ACTIVITY$SOL $XRP $LINK $RENDER $INJ $HBAR $ENA $ICP $MASK $XTZ pic.twitter.com/oxbwhTUA51 — PHOENIX –…
Insights from the Ethereum (ETH) Rainbow Chart suggest that the second-largest cryptocurrency by market cap is likely to see further momentum on August 1. As of press time, Ethereum was trading around $3,700, placing it within the “Steady…” zone of the chart. The Rainbow Chart is a long-term valuation model that utilizes a logarithmic curve and color bands to illustrate Ethereum’s historical price sentiment. It helps investors gauge whether the asset is undervalued or overheated, without predicting short-term movements. For August 1, 2025, the model estimates Ethereum could trade between $4,752.48 and $6,901.15, a range corresponding to the “HODL!” zone.…