Stargate price surges as Wormhole floats acquisition bid
Stargate price rose sharply as the Wormhole Foundation announced its intention to enter a bidding war for the cross-chain protocol. Summary
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Bitcoin News
Wormhole Foundation Counters Layerzero’s Stargate Acquisition Bid
On Wednesday, the Wormhole Foundation announced its intent to submit a competing bid to acquire Stargate, directly challenging a proposal from cross-chain messaging rival Layerzero. This move potentially disrupts a pending acquisition and could lead to a bidding war for the prominent bridge protocol. Rival Bid Emerges for Cross-Chain Protocol
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$6.6 Billion in DeFi Deposits, Base Network Outshines Tron
Key NotesBase has outperformed Justin Sun's Tron Network with a total of $6.6 billion in deposits.Consequently, Base is now the fifth-largest blockchain in the DeFi space.Tron, however, has surpassed Base in stablecoin trading volume. Coinbase Layer-2 solution, Base Network, has outperformed its counterparts, including Justin Sun’s Tron Network. It locked in a
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NFTs Are Down but Not Out: $3.62B Already Sold in 2025
While non-fungible token (NFT) sales may not carry the same heat they once did, the NFT arena has still tallied $71.55 billion in lifetime sales since 2017. Metrics also reveal that 64.78% of those sales came from Ethereum-based NFTs. Digital Collectibles Still Command Sales Volume, but the Sector Is Morphing
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BTC Approaching Key Bull Market Support Amid 10% Correction
Bitcoin is down 10% from its all time high of just over $124,000, with the next level of support forming around $108,600, which is the short-term holder realized price (STH RP). The STH RP, which reflects the average acquisition price of coins moved within the past 155 days, is
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Kraken and Backed Announce Strategic Collaboration With TRON DAO to Broaden Access to Tokenized Equities
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, August 20, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the strategic collaboration with Kraken and Backed to integrate xStocks with the TRON
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XLM Suffers 3% Decline as Intensified Selling Pressure Grips Markets
XLM slipped into a pronounced bearish trajectory over the past 24 hours, trading between $0.39 and $0.40 and breaking below key support levels. The token’s volatility intensified during the final trading hours of Aug. 20, when prices fell from $0.40 to $0.39, marking a decisive breach of support that had
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Ulu Ventures Publicly Backs Pi Network Amid PI Token Free Fall
Key NotesUlu Ventures added Pi Network to its portfolio, reaffirming support.PI trades just 4% above all-time lows despite institutional backing.Exchange balances rose to $414.6M, suggesting liquidation risks. Pi Network
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Bitcoin Price Watch: Range Narrows as Traders Brace for Powell’s Jackson Hole Visit
As of Aug. 20, 2025, bitcoin is trading for between $113,524 and $113,882 per coin over the last hour, with a 24-hour intraday price range between $112,647 and $115,789. The leading cryptocurrency commands a $2.26 trillion market cap and saw $45.41 billion in trading volume over the past day, as
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Global Alert Network Called ‘Beacon’
Money laundering has long been a scourge of the cryptocurrency sector, and the industry has a new answer meant to demonstrate it can head off major problems before they accelerate: the Beacon Network.The new system of illicit-activity alerts, which has been building behind the scenes under the management of TRM
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