Author: AltCoinDrops.com
Ethereum’s best marketing line was that using it destroyed it, that every transaction burned ETH and shrank the supply. Then the network solved its scaling problem, activity fled to layer 2s, and the burn collapsed. The scaling worked. The scarcity did not survive it. Summary Ethereum’s “ultrasound money” thesis held that EIP-1559 fee burning would outpace new issuance, making ETH deflationary and a superior store of value to Bitcoin. It worked briefly after the 2022 Merge. Then the March 2024 Dencun upgrade moved activity to layer-2 rollups paying near-zero fees, and the daily burn collapsed from thousands of ETH to…
France’s gambling regulator, the Autorité Nationale des Jeux (ANJ), ordered internet service providers to block Polymarket on July 16, treating the prediction market as an illegal gambling site rather than a financial trading venue.The ANJ said earlier restrictions had failed to keep French users off the platform. Polymarket drew 578,751 visits from 205,057 unique visitors in France in June, according to Similarweb data cited by the regulator, despite a ban on financial transactions in place since November 2024. A VPN was enough to bypass it.The homepage remained accessible, allowing users to view live markets and odds. The ANJ said the…
Key highlights:SBI Holdings snaps up a majority stake in Singapore-based crypto exchange Coinhako.Exact valuation for the deal is still under wraps, with MAS approving the acquisition.SBI Holdings is extending its footprint beyond Japan in a bullish expansionist model.Japan-based financial conglomerate SBI Holdings has acquired a majority stake in Holdbuild, the parent company of Singapore’s leading cryptocurrency exchange Coinhako. The move brings SBI Holdings closer to its ambitious goal of expanding its range of cryptocurrency services beyond Japan into new jurisdictions in Southeast Asia.SBI Holdings extends ties in Singapore with Coinhako acquisitionAccording to an official announcement, SBI Holdings disclosed that it…
Page Last Reviewed: July 2026 Cronos (CRO) is trading around $0.06 as of July 2026, roughly 93% below its all-time high of $0.89, set in November 2021. This cro price prediction — and the related cronos price prediction analysts publish under both names for the same token — looks at what it would actually take for CRO to reach $1, and whether that’s a realistic target or mostly wishful thinking based on current fundamentals, market cap math, and where forecasts land for 2026 through 2040. Key Takeaways CRO trades near $0.06 with a market cap of roughly $2.7–2.8 billion and…
SpaceX is one of the most valuable companies on the planet, and yet its stock is swinging around like a small-cap meme name.Once you understand the mechanics of SpaceX stock float, the wild price action stops looking like a mystery and starts looking like simple math.$SPCX has now fallen below its $135 IPO price, down 41.5% from its all-time high, a move that has erased $1.25 trillion in market cap. Anyone who bought at the IPO is sitting on a loss. But what I think gets lost in the headlines is why a company this large can move this violently…
Kimi K3, a massive 2.8-trillion-parameter open-weight model from Moonshot AI, breaks the pattern of unsubstantiated hype by delivering genuine, frontier-level reasoning. Backed by impressive third-party benchmark data, this release marks the first time a Chinese model is actively forcing the industry to re-evaluate where the global AI frontier actually sits. Moonshot AI unveiled Kimi K3 yesterday, claiming performance close to Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6. The model runs on a Mixture-of-Experts architecture with 2.8 trillion total parameters, making it the largest open-weight model released to date, and it ships with a 1 million-token context window capable of digesting…
Cardano is trading near support as ADA investors look for a stronger reason to step back into the market. The project still has one of the most committed communities in crypto, and its development roadmap remains a central part of the long-term argument. But price action has been quieter, and traders are watching whether support can hold while the broader market deals with weaker risk appetite. That is the current tension for ADA. Cardano has not disappeared from the conversation, but it needs a fresh catalyst strong enough to move beyond patient community support and bring wider market interest back.…
BitMine Immersion Technologies acquired 27,801 ETH over the past week, lifting its total holdings to 5,770,038 ETH as of July 12. The position represents about 4.8% of Ethereum’s 120.7 million circulating supply, placing the company 96% of the way toward its stated goal of controlling 5% of all ETH. The latest treasury update valued the ETH position at roughly $10.5 billion using a reference price of $1,820. BitMine also held 206 BTC, $482 million in cash and marketable securities, a $180 million investment in Beast Industries and a $69 million stake in Eightco Holdings. Total crypto, cash, marketable securities and…
Three individuals who masqueraded as police officers to plunder over £4 million worth of cryptocurrency were sentenced this week in London, indicating a more stringent approach to crypto regulation in the UK. The verdict was announced shortly after the Financial Action Task Force had issued a warning of billions of dollars’ worth of illegal money circulating in the digital assets sector and after the Financial Times discovered that cryptocurrencies are now considered to be playing an “endemic role” in organized crime by the Metropolitan Police (Met). For an industry that continues to argue for looser regulation, the timing cannot be…
US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran on Tuesday, as hostilities ramped up in the Middle East. Earlier on Tuesday, blockchain investigator Specter pointed to onchain data showing Tether froze four Tron wallets holding $131 million worth of USDt (USDT). Bessent confirmed on X that the wallets were tied to the Central Bank of Iran. “US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” Bessent said Tuesday. “We will continue to aggressively follow the money…