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Solana could be on the verge of a rally to $164 soon as it looks poised to break out of a popular bullish pattern, according to an analyst. According to a July 9 post on X by analyst Ali, Solana has formed a symmetrical triangle pattern on the 4-hour chart, characterized by two converging trendlines representing lower highs and higher lows. Such a pattern suggests a period of price consolidation that typically culminates in a breakout in either direction. Ali noted that a confirmed breakout above the upper boundary of the pattern, located near the $153 resistance level, could trigger…

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Swedish health tech firm H100 Group has raised over $54 million via share and convertible debenture issues to accelerate its Bitcoin accumulation strategy. H100 Group AB, a Swedish health technology company focusing on longevity and AI-driven health services, has successfully closed two key funding rounds, raising around SEK 516 million (~$54M). The capital raise was done via a directed share issue (Tranche 6, issuing 27.17 million shares at SEK 6.38) and a directed convertible debenture issue (Tranche 7, SEK 342.3 million, conversion price SEK 8.48). The directed share issue diluted existing shareholders by about 10.1%, and if all convertible debentures…

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto has always promised something radical: shared ownership, collective decision-making, and communities empowered by technology. From Bitcoin’s (BTC) pseudonymous roots to Ethereum’s (ETH) programmable governance, the narrative of decentralization has inspired millions to participate in reshaping the future of finance and culture. And yet, in 2025, the reality might feel more like a performance than a transformation. Today’s most celebrated web3 platforms still rely on decision-making models that look surprisingly centralized. The teams that launch “community-owned” protocols…

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More corporate heavyweights are turning to Ethereum as a treasury reserve asset, and Nasdaq-listed GameSquare is the latest to join in. According to a July 8 press release, the entertainment and technology company has launched an Ethereum (ETH) treasury strategy. The company kicked off the move with an $8 million underwritten public offering, with most of the capital set to flow directly into Ethereum yield opportunities.  For the long term, GameSquare’s board has approved up to $100 million in ETH allocations, to be deployed gradually while preserving enough liquidity to fund its operations. The firm has also partnered with Swiss…

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GMGN is offering users who suffer sandwich attacks under the platform’s new MEV protection feature can receive compensation for losses. In a recent post, GMGN co-founder Haze highlighted the increase in malicious attacks on the platform due to Maximal Extractable Value-powered bots. Due to the influx, Haze said that the platform has installed a new MEV-protection feature to help its users stay safe from attacks. However, Haze also acknowledged that the system is not perfect. Therefore, the co-founder urged users to reach out to the team if they are still suffering from attacks even with the security system in place.…

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Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.Each week, we bring you the most important updates, developments, and critical announcements that every DeFiChain community member needs to know.In this edition, we cover the ongoing tokenomics discussion, the upcoming voting, and the interchain development progress. Here’s everything you need to know about the latest DeFiChain updates.Community Expands Tokenomics Discussion to RedditThe DeFiChain community continues to advance its collaborative approach to project governance by expanding the tokenomics discussion beyond Telegram to Reddit. This strategic move demonstrates the project’s commitment to…

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Key Takeaways PENGU recorded spot inflows of $1.08M as the altcoin’s price held above a bullish triangle breakout on the charts. Additionally, despite negative funding, its volume surged and social metrics rebounded – A sign of renewed market conviction. Pudgy Penguins [PENGU] is in the news today after it continued to maintain its position above the ascending triangle breakout zone – A sign of sustained strength in its market structure.  In fact, it’s worth noting that a sustained breakout here followed multiple retests of the trendline support, alluding to a growing willingness among bulls to defend higher lows.  If this…

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Aevo, a decentralized derivatives exchange built on a custom Ethereum layer 2, has introduced “Aevo Degen,” a new product offering up to 1000x leverage on tokenized stocks. The product, which went live on July 8, currently supports Coinbase (COIN), Robinhood (HOOD), MicroStrategy (MSTR), and Circle (CRCL), with more stocks expected to be added. Trades are only available during U.S. stock market hours, and all positions are automatically closed at the end of each trading day.  https://twitter.com/aevoxyz/status/1942581727425356290?s=46&t=nznXkss3debX8JIhNzHmzw With a small amount of capital, users can place large directional bets thanks to the product’s design for short-term, high-risk trading. The 1000x leverage…

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OpenSea has acquired Rally Wallet, a mobile-native crypto wallet startup, in a move aimed at expanding its reach into mobile and token-based trading. The acquisition was announced on July 8 by Rally co-founder and chief executive officer Chris Maddern, who will now serve as OpenSea’s chief technology officer. Rally co-founder Christine Hall also joins OpenSea’s leadership team. The Rally team will help develop a reimagined OpenSea Mobile experience, which the company says will become the central hub for onchain activity, spanning non-fungible tokens, memecoins, decentralized finance, and digital assets. While details are still limited, the Rally app will eventually be…

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A $600 million PUMP token sale page briefly appeared on Gate.io before being quietly deleted without explanation. Some traders warned that the Pump.fun token launch could trigger a liquidity drain across memecoin markets. Solana’s [SOL] viral memecoin launchpad pioneer, Pump.fun, became the center of speculation over the weekend after its alleged token sale page briefly appeared on Gate.io—only to be deleted hours later. The deleted page showed 150 billion PUMP tokens (15% of the supply) set for sale at $0.004 each, implying a $600 million raise and a $4 billion valuation. The sale was scheduled to start on the 12th…

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