Track market-moving stories before they get noisy

According to official announcements, to support the MultiversX (EGLD) network upgrade, Bithumb will suspend EGLD deposit and withdrawal services starting from August 6 at 18:00 KST. The upgrade is scheduled to take place at 2:00 KST on August 7, and deposit/withdrawal services will resume once the network stabilizes. Trading functions remain unaffected.

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Michael Saylor: I have never sold any Bitcoin. MicroStrategy's BTC trading is part of the company's capital management activities.

Strategy founder Michael Saylor posted a statement clarifying that his earlier "Never Sell Your Bitcoin" stance was shared with other Bitcoin holders in his capacity as an individual investor. Saylor said he has never sold any Bitcoin, "not even a single satoshi". He emphasized that Strategy is a public company, not a personal wallet, and has publicly disclosed since 2020 that it may buy or sell BTC for capital management purposes. Saylor noted that Strategy and its investors’ long-term conviction in Bitcoin remains unchanged, adding that the company’s related operations are part of its corporate financial strategy, while his personal stance on holding Bitcoin stays consistent. Previously, the market had been monitoring whether Strategy would adjust its Bitcoin holding strategy; Saylor’s latest remarks aim to clearly distinguish between personal Bitcoin holding behavior and public company asset management decisions.

2 hours ago

Head of Amazon Cloud Business: AI Business Has Enormous Potential Scale

Amazon (AMZN.O)’s cloud unit head said clients are shifting from using its services to train AI models to integrating these models into their own business processes, a trend driving surging demand for inference computing. Matt Garman, CEO of Amazon’s Cloud Computing Division, said on Monday: “We still see some companies using large training clusters, but as these models grow more popular and powerful, more firms are integrating this inference capability into their own workloads.” He noted that the potential of the AI business is “extremely huge,” adding that the company will continue to increase capital expenditure to meet growing demand. As the world’s largest provider of computing power and data rental services, Amazon said last week it projects capital expenditure will reach $220 billion in 2026, up from its prior forecast of $200 billion. The spending hike reflects rising prices of storage chips and other components required for data centers.

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The US military stated that it will continue its maritime blockade of Iran, and has altered the routes of 44 merchant ships.

US Central Command stated local time on August 3 that the U.S. military remains strictly enforcing the maritime blockade against Iran. As of that day, the U.S. military has altered the routes of 44 commercial vessels, disabled two vessels, and boarded and inspected two others.

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US officials said there are currently no plans to hold new negotiations with Iran.

According to U.S. network CBS, citing a U.S. official, despite Trump’s earlier announcement that negotiations with Iran would begin Monday afternoon (local time), no new talks are currently scheduled. Instead, ongoing discussions are underway between U.S. Middle East envoy Witkoff, Kushner, and the U.S. negotiating team and Iran via intermediaries.

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In July, Ethereum ETFs attracted $365 million in net inflows, while the HYPE ETF saw net outflows.

In July’s crypto asset ETF fund flows, Ethereum (ETH) ETFs emerged as the biggest winner, posting a single-month net inflow of $365 million. Data shows Bitcoin (BTC) ETFs saw a net inflow of $172.43 million in July; Solana (SOL) ETFs had a net inflow of $14.62 million; XRP ETFs $27.29 million; Chainlink (LINK) ETFs $4.54 million; HBAR ETFs $3 million; and LTC ETFs $30,400. By contrast, HYPE-related ETFs were the only products to register a net outflow, with a July net outflow of $15.16 million. Overall, institutional capital allocations in July clearly favored the Ethereum ecosystem, as ETH ETFs attracted more funds than BTC ETFs, indicating sustained growing market demand for Ethereum-related assets.

2 hours ago

The Nasdaq’s gains expanded to 2%, with Google surging over 5% and Tesla rising 3.8%.

According to market data from Bit (Bit.com), the Nasdaq’s gain widened to 2%, the S&P 500 rose 1.3%, and the Dow rose 1%. Oracle (ORCL.N) climbed 7.3%, Google (GOOG.O) gained over 5%, Amazon (AMZN.O) and Microsoft (MSFT.O) rose over 4%, Tesla (TSLA.O) increased 3.8%, and Nvidia (NVDA.O) gained 3.2%.

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Some Coinbase users found themselves in a holding pattern on July 31 when the exchange flagged delays affecting MultiversX (EGLD) transactions. Sending and receiving EGLD tokens hit a bottleneck, leaving a subset of users temporarily unable to move their funds on and off the platform.

Buying, selling, and all fiat-related operations continued working just fine throughout the disruption.

What happened and how fast it got fixed Coinbase’s investigation into the issue kicked off around 15:47 PDT. The problem was narrowly scoped to EGLD network transactions, meaning only users trying to send or receive MultiversX tokens were affected.

The engineering team identified the root cause and deployed a fix within hours on the same day. Monitoring after the fix confirmed that normal operations had resumed, and the issue was marked as resolved.

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No security breach was reported in connection with the incident. No funds were lost or compromised.

MultiversX in context For those unfamiliar, MultiversX (formerly Elrond) is a blockchain protocol built around a technology called adaptive state sharding, which splits its network into parallel processing lanes to handle more transactions simultaneously.

The protocol claims throughput of up to 15,000 transactions per second with roughly six-second latency and low fees. For comparison, Ethereum’s base layer typically handles around 15-30 TPS.

Throughout 2026, the MultiversX team has been rolling out security enhancements and network upgrades, including the introduction of “Guardians,” aimed at hardening its infrastructure. None of the publicly available information suggests that the Coinbase delay was caused by any issue on MultiversX’s own network. The problem appears to have been isolated to Coinbase’s integration layer.

MultiversX’s network continued operating normally during the window when Coinbase users were experiencing delays. No reports of congestion, downtime, or unusual activity surfaced from other platforms or on-chain monitoring tools in connection with this event.

What this means for EGLD holders and traders No adverse effects on EGLD’s trading liquidity were observed during the incident. Users could still buy and sell EGLD on Coinbase throughout the disruption. They just couldn’t move it off the exchange or receive inbound transfers for a few hours.

For anyone who was mid-transfer when the delays hit, it’s worth verifying that pending transactions have completed successfully now that operations are back to normal. Checking both the Coinbase transaction history and the MultiversX blockchain explorer for confirmation is the prudent move.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Mon 08 Sep 2025 ▪ 4 min read ▪ by Mikaia A.

Summarize this article with:

The trajectories of the crypto giants seem more uncertain than ever. Bitcoin and Ethereum continue to attract attention, between hopes and doubts. The former is still perceived as a store of value, but its technical resistances slow down enthusiasm. The latter, a driver of innovations and uses, attracts institutions more. Yet, neither clearly dominates. The question remains open: which of these pillars will truly emerge victorious from this new wave of attention and capital?

In brief Bitcoin draws attention due to its scarcity, monetary role, and a record illiquid supply of 14.3 M BTC. Ethereum attracts institutions thanks to staking, DeFi, and its innovative uses. Dogecoin prepares the first US DOGE ETF, supported by an active community. Tether and MicroStrategy strengthen their institutional weight, one via gold, the other via the S&P 500. Bitcoin dominates the buzz, Ethereum gains institutions’ trust In the buzz of crypto conversations, bitcoin maintains a central place even as the market has fallen into a fear zone. Santiment notes it sparks intense debates about its investment potential, market behavior, adoption stages, and even its comparison to gold. The focus is on its scarcity, utility, and role as a digital monetary network. Discussions range from long-term holding strategies to timing advice, highlighting growing involvement from governments and institutions.

Fundamental signals confirm ongoing interest in bitcoin. Illiquid supply has reached a record 14.3 million BTC, and more than 70% of coins are stored in dormant wallets, evidencing strong long-term investor confidence.

Ethereum is not left behind. Discussions highlight its role in flash tokens and its utility in staking, gaming, and DeFi. Institutions and large wallets accumulate quietly, reinforcing the idea that ETH is becoming the preferred asset for more diversified institutional exposure. 

While bitcoin still attracts traders by its aura and volatility, ether weaves another narrative: that of a structural tool of the ecosystem.

Dogecoin, Tether and MicroStrategy blur the crypto market cards The battle is not only between BTC and ETH. Dogecoin bursts onto the scene with a historic project: launching the first US DOGE ETF. According to Santiment, Dogecoin grabs attention for several reasons. The announcement of the upcoming launch of the first DOGE ETF in the US sparked keen interest.

Simultaneously, the company Thumzup, supported by Trump, is expanding mining operations with 3,500 additional rigs. The Dogecoin price holds around 0.21 dollars, supported by an active community and growing institutional interest.

Key figures to remember 14.3 million BTC now illiquid; Over 70% of bitcoins stored without notable activity; Dogecoin targets its first ETF in the United States; Tether holds over 8.7 billion dollars worth of gold. Meanwhile, MicroStrategy remains at the heart of debates with its potential inclusion in the S&P 500 index. This would make the company an unprecedented institutional exposure lever to BTC. Finally, Tether surprises by diversifying its empire. With more than 8.7 billion dollars invested in gold and expansion into refining and trading, the stablecoin giant asserts itself as a strategic player far beyond its initial role.

Meanwhile, MultiversX faces concerns about dilution of its supply and migration of projects to SUI, despite hopes placed in xPortal and xMoney.

Forecasts diverge as much as they multiply. Some predict a seven-figure bitcoin, others a five-figure Ethereum. But others speak instead of an imminent collapse, fueling the idea that unanimity does not exist among financial analysts. The crypto market feeds as much on dreams of grandeur as on fears of a crash.

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Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Binance Will Support the MANTRA (OM) and MultiversX (EGLD) Network Upgrades

27.10.2025 - 06:27

Update: 27.10.2025 - 06:27

Binance has announced that it will support upgrades to the MANTRA (OM) and MultiversX (EGLD) networks to improve user experience.

Binance to Support MANTRA (OM) and MultiversX (EGLD) Network Upgrades According to the exchange's announcement, the MANTRA (OM) network upgrade will occur at block height 9,664,888. During this period, Binance will temporarily suspend token deposits and withdrawals on the OM network starting at 10:51 AM on October 27, 2025.

Meanwhile, the MultiversX (EGLD) network upgrade will begin around 8:00 PM on October 30, 2025. Token deposits and withdrawals on this network will also be suspended one hour before the upgrade, starting at 7:00 PM on October 30, 2025.

Binance emphasized that token trading for these networks will not be affected by the upgrade. It also stated that the entire process will be handled automatically by the exchange, without requiring any technical intervention from users.

The platform stated that deposits and withdrawals will be reopened once the upgrade is complete and the networks are confirmed to be operating stably, but no additional announcements will be made on this matter.

Binance aims to ensure that users have an uninterrupted and secure trading experience with regular network maintenance and upgrade support.

*This is not investment advice.

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PANews reported on November 19th that Binance's Earn Earn program has added five new tokens to its list: Tron (TRX), Aptos (APT), IOTA (IOTA), ApeCoin (APE), and MultiversX (EGLD). With these additions, the tokens currently supporting Earn Earn Earn are: BNB, SOL, TRX, ADA, SUI, TON, NEAR, APT, POL, ALGO, IOTA, S, APE, EGLD, and AXS. To earn Earn Earn Earn rewards, users must meet the minimum holding requirements for each token. There is also a cap on the amount of holdings eligible for earnings; holdings exceeding this cap will not earn additional rewards.

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Conversations across the crypto space are circling back to blue-chip tokens, with Bitcoin, Ethereum, and Dogecoin taking the spotlight. Data from on-chain analytics platform Santiment shows that top market cap cryptocurrencies are dominating the surge in social chatter, with discussions ranging from institutional adoption and ETF speculation to technical barriers and ecosystem growth. Alongside them, Strategy, Tether, and MultiversX are also attracting strong attention.

Bitcoin And Ethereum Dominating Attention Despite price resistance at $112,000 throughout last week, Bitcoin is still the most closely watched cryptocurrency by analysts and investors. According to on-chain analytics platform Santiment, Bitcoin is currently dominating among crypto investors thanks to extensive discussions about its long-term role as digital gold, a monetary network, and a hedge against inflation. Conversations focus heavily on its scarcity, institutional demand, and the importance of self-custody. Traders are also discussing Bitcoin’s liquidity in flash crypto offers that allow instant trading and spending across multiple platforms. 

Ethereum is trending, with mentions also tied to its role in flash tokens and its utility across wallets and decentralized platforms. ETH discussions are based on its transferability and use in trading, staking, and gaming, while institutions continue to accumulate large volumes. However, the Ethereum price is also facing technical struggles in breaking above $4,500, having been rejected at $4,480 multiple times in the past seven days.

BTCUSD currently trading at $111,170. Chart: TradingView Strategy And Dogecoin Also Generate Social Buzz Strategy’s and its MicroStrategy ($MSTR) stock are also hot topics due to the company’s massive Bitcoin reserves and its reputation as a leveraged proxy for BTC exposure. Particularly, market chatter has picked up around its potential inclusion in the S&P 500, which could cause institutional buying and fund inflows. At the same time, discussions show that investors are debating whether MSTR shares or Bitcoin ETFs provide better exposure.

Unsurprisingly, the word “Dogecoin” is in the limelight due to multiple developments last week. Most of Dogecoin’s mentions are based on the upcoming Rex-Osprey Dogecoin ETF, which could become a historic first for Dogecoin ETFs in the US financial market. Furthermore, Trump-backed company Thumzup is expanding Dogecoin mining operations by adding 3,500 rigs. Despite choppy price action last week, Dogecoin managed to close above $0.21.

Tether ($USDT) also saw huge mentions last week after the company announced deeper investments into gold, with its reserves now exceeding $8.7 billion. The company aims to expand into mining, refining, and trading, with its CEO calling gold a natural bitcoin. Additionally, new token listings related to Tether are appearing on platforms like BitMart.

MultiversX ($EGLD), meanwhile, is facing a different kind of attention. Social discussions highlight concerns about dilution of its supply and the migration of projects to other chains like SUI, raising doubts about long-term use cases. However, there’s optimism on projects such as xPortal and xMoney, with hopes that buyback mechanisms and upcoming launches could bolster value. 

Featured image from Unsplash, chart from TradingView