Author: WebDesk

Amid struggles in its EV business, cash-starved Faraday Future is pivoting to crypto and AI. Summary Faraday Future is pivoting to crypto and embodied AI The firm hopes its crypto treasury will attract capital and help it raise cash for its business So far, Faraday Future has produced only 16 of its FF 91s vehicles The struggling EV startup Faraday Future is pivoting to crypto and AI. On Sunday, August 17, EV startup Faraday Future announced the launch of a treasury product, as well as a new focus on embodied AI. Faraday Future is launching the C10 Treasury product, a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is once again facing a crucial test after slipping below the $120,000 level, with selling pressure weighing on price action. The market has entered a clear consolidation phase, with BTC moving within a well-defined range between strong resistance above $120K and key supports below. Traders are closely watching these levels, as momentum appears to be fading following the recent rejection at cycle highs. Some analysts warn that if Bitcoin loses its current range lows, further downside could follow as short-term holders (STH) begin to feel the…

Zach Anderson Aug 18, 2025 17:31 Ethereum dominates digital asset inflows with $2.87 billion, driving total assets under management to a record $244 billion, according to CoinShares. The digital asset market witnessed a significant surge in investment inflows last week, with Ethereum (ETH) leading the charge, according to CoinShares. Total inflows amounted to $3.75 billion, marking the fourth-largest inflow on record and pushing assets under management (AuM) to an unprecedented $244 billion as of August 13. Ethereum Dominates Inflows Ethereum emerged as the top performer, attracting $2.87 billion in inflows, which accounted for…

Bitcoin’s recent rally is showing signs of fatigue as geopolitical uncertainties weigh on investor sentiment. While the market remains active, global tensions have tempered enthusiasm, causing BTC to slip within a tight trading range. Yet beneath the short-term caution, technical indicators suggest room for further upside, provided resistance levels are broken. This article examines Bitcoin’s current outlook, the broader crypto landscape, and how Outset PR equips projects to navigate volatile cycles with clear, data-driven communication strategies.Bitcoin Holds Steady: Potential Growth on the Horizon Source: tradingview Bitcoin currently sits in the low six-figures, with a price range between $115,025 and $121,853. Despite a…

XYZVerse is drawing fresh attention as it inches closer to a $5 target, with excitement building around its pace. Its recent moves are catching the eye, especially as major coins like XRP and ADA face hurdles. Speculation is rising about whether XYZVerse could become next month’s standout among alternative coins. Enthusiasts are closely tracking its progress.Price Prediction for XYZVerse ($XYZ): Is a 30x Jump Possible?XYZVerse has entered the meme coin market at a time when community-driven tokens continue to dominate speculative trading. The rise of meme coins like PEPE, Dogwifhat, and Bonk proves that strong branding, viral marketing, and community…

Layer Brett ($LBRETT) is quickly becoming the Shiba Inu 2.0, setting itself up for a huge surge in 2025. This new crypto competitor is ready to beat its predecessors since it has a history of coming up with fresh ideas and forming smart alliances. Analysts say that this money might increase by an incredible 120x, which is a lot like the success story of Shiba Inu coin in the past. However, it is also making its own way in the world of digital currencies.Shiba Inu Coin’s Explosive 2021 RallyIn 2021, Shiba Inu coin startled the crypto industry by quickly going…

LOS ANGELES (CA), 8/18/2025 – BitBit, the self-custodial social wallet that lets users instantly send and receive Bitcoin directly in their browser, today announced the launch of its X (formerly Twitter) integration, enabling users worldwide to exchange Bitcoin tips on the platform seamlessly. The payments will be associated with X usernames, allowing anyone to receive them, even without a wallet. The integration leverages Spark,the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on Bitcoin. Spark is built by Lightspark, providing open, always-on payments solutions for the Internet powered by Bitcoin: the only open, neutral network for…

Join Our Telegram channel to stay up to date on breaking news coverage The throughput for the Solana network briefly reached a theoretical TPS (transactions per second) rate of 100K over the weekend after a stress load hit the layer-1 blockchain. A block facilitated and written to the blockchain by a validator called “Cavey Cool” saw the network process 43,016 successful transactions and 50 failed ones. The peak TPS for this block reached 107,540 TPS. At 11:39:21 UTC today, the Cavey Cool validator produced several blocks on Solana Mainnet-Beta with a large number of transactions, resulting in a peak burst…

Join Our Telegram channel to stay up to date on breaking news coverage Japan is preparing to issue its first yen-backed stablecoin this fall, as Tokyo-based fintech firm JPYC nears approval from the Financial Services Agency (FSA). The imminent approval, first reported by Nikkei Asia, is a landmark in the country’s effort to integrate digital assets into its regulated financial system. Unlike foreign stablecoins already circulating in Japan, JPYC is designed to facilitate domestic corporate payments, international remittances, and activity in decentralized finance (DeFi). Backed by highly liquid assets such as bank deposits and government bonds, the token seeks to…

Key Highlights:  Backpack Exchange to publish Proof of Reserve daily. The reserve ratio is 100.42%, this indicates that there are more reserves than customer balances. The assets are diversified across SOL, USD, BTC and ETH, which ensure strong liquidity. Backpack Exchange, a well-known name in the field of cryptocurrency after the collapse of FTX, has announced that it will be publishing its Proof of Reserves every single day, verified and built by the acclaimed blockchain security firm OtterSec. This development will shape the way exchanges develop transparency and trust amongst its users. This move by Backpack Exchange shows that it…