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Bloodbath for crypto longs as Bitcoin tumbles below $116K

More than half a billion in long positions were liquidated across the crypto market on Friday as the price of Bitcoin slipped below $116,000 amid a broader market tumble.
According to CoinGlass data, $585.86
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Auction house Christie’s debuts crypto-only real estate team

UK auction house Christie’s is reportedly spinning up a new division to allow crypto to be used for real estate purchases in the firm’s latest expansion of its digital asset services.
Christie’s International Real Estate now offers a team of crypto experts, lawyers and analysts to facilitate
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MEV arbitrageurs on Ethereum increasingly centralized — Research

Maximal-extractable value (MEV) on the Ethereum network is becoming increasingly centralized, with arbitrageurs tightening their grip on transaction ordering.
According to a recent research paper, these arbitrageurs, called “searchers” in the paper, are increasingly in-house or have exclusive
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Bitcoin is losing its bullish momentum: Is a drop to $115K next?

Key takeaways:
A hidden bearish divergence on the RSI hints at weakening bullish momentum for Bitcoin.
A CME gap between $114,000–$115,000 could act as a magnet
Market cyclicality and an assortment of indicators show Bitcoin in a distribution zone.
Bitcoin (BTC) is showing signs of potential we
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XRP vs ETH: Which token is quietly outperforming in whale-fueled rallies?

Key takeaways:
XRP leads in yearly gains, surging 552% since July 2024 and 49% year-to-date.
ETH sees major institutional adoption, with over $4.4 billion in holdings from firms like Bit Digital and BlackRock.
Ether (ETH) and XRP (XRP) are the best-performing large-cap crypto assets over the
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‘Every family here is sick,‘ say neighbors of Bitcoin mining facility in Texas

Many residents of a Texas town southwest of Dallas, facing health problems allegedly associated with constant noise, don’t seem to have anything good to say about a crypto mining facility run by MARA Holdings.
In a video released Thursday by the nonprofit advocacy organization More Perfect Union, r
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Fintech, crypto groups press Trump to protect open banking amid bank pushback

A coalition of trade groups representing the crypto, fintech, retail, and restaurant industries is urging President Donald Trump to defend open banking rules under a so-called legal attack by the nation’s largest banks.
In a letter sent July 23, organizations including the Blockchain Association,
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Ether to show Bitcoin 'leadership' as BTC ETFs lose $285M: Research

Key points:
US spot ETF flows show Ether coming out on top against Bitcoin this week.
Institutional capital is “rotating” into ETH, Swissblock says — a move that has implications beyond the short term.
Ether could emerge as the next crypto bull market
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OmyPayments secures backing from Cointelegraph Accelerator

Cointelegraph Accelerator is proud to support OmyPayments, an onchain payment infrastructure powered by decentralized finance (DeFi) that enables seamless crypto payments, instant conversion to fiat or stablecoins and a variety of built-in, compliant tools that address the real-world needs of
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Ethereum analysts see ‘further upside’ as ETH price reclaims $3.6K

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Tokenomics are broken, and only contribution can fix this

Opinion by: Naman Kabra, co-founder and CEO of NodeOps
​​For years, staking was the gold standard in crypto. Stake tokens, secure the network and earn simple, elegant and trustless rewards. Somewhere along the way, we drifted.
Staking stopped being about contribution and started being about
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Solana unveils 2027 roadmap to lead internet capital markets

The team behind the Solana blockchain has released a long-term roadmap detailing their strategy to make the Solana blockchain the foundational layer for global internet capital markets (ICMs) by 2027.
ICMs, a term coined by former Solana Foundation core team member Akshay, refers to a “globally
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BlackRock Ethereum ETF becomes 3rd-fastest to hit $10B in assets

BlackRock’s spot Ether exchange-traded fund (ETF) has emerged as one of the fastest-growing ETFs ever, joining the ranks alongside two other cryptocurrency funds.
BlackRock’s iShares Ethereum ETF (ETHA) has become the third-fastest ETF to hit $10 billion in total assets under management (AUM),
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Bitcoin treasury fever grows in Japan as AI firm targets 3,000 BTC

Japanese publicly listed artificial intelligence firm Quantum Solution announced plans to create a Bitcoin treasury targeting 3,000 BTC within the next year — an investment worth over $350 million at current prices.
According to a Thursday announcement, Quantum Solutions’ Bitcoin (BTC) treasury
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Build on Bitcoin adds ZK-proofs in upgrade toward decentralization

Layer-2 blockchain network Build on Bitcoin (BOB) has rolled out a major technical upgrade that brings it closer to getting a fully decentralized mark on L2Beat, a platform that ranks the maturity and decentralization of layer-2 networks
BOB, which aims to bring Ethereum-style decentralized
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