Author: WebDesk

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…

Iris Coleman Aug 18, 2025 15:06 OM price currently trades at $0.25 after a 5% decline, with technical analysis showing neutral momentum despite bearish short-term signals for MANTRA traders. Quick Take • OM currently trading at $0.25 (-5.04% in 24h) • MANTRA’s RSI sits in neutral territory at 43.42, indicating balanced momentum • No significant news catalysts identified in recent trading sessions What’s Driving MANTRA Price Today? The OM price has experienced a notable 5% decline in the past 24 hours, trading within a range of $0.24 to $0.26. This downturn appears to…

Shiba Inu (SHIB) holders are directing attention toward an emerging AI-based cryptocurrency presale, with projections indicating substantial potential returns. According to market predictions, a $500 allocation in the Ozak AI token’s current presale phase could yield $280,000 if the price reaches $2.80 in the future. This level of potential return has sparked notable engagement from a community accustomed to speculative, high-reward opportunities.The presale has already been carried out in several stages; Phase 4 is the one that is happening now at the token price of $0.005. It has seen more than 150 million tokens bought, increasing total funds to $1.95 million.…

KuCoin has unveiled its latest Spotlight token sale, giving users early access to AKEDO (AKE), a project that blends artificial intelligence, gaming, and blockchain technology. The sale offers reduced pricing, exclusive benefits for KuCoin users, and even a principal protection mechanism—underscoring the exchange’s push to back ambitious Web3 projects.What is AKEDO?Founded in 2024 and headquartered in Zug, Switzerland, AKEDO is building a multi-agent AI framework designed to reshape how games are created and played in Web3. The platform embeds AI agents directly into game engines, allowing users to generate fully functional, studio-quality games within minutes using simple text prompts—no coding…

FIFA Rivals, the high-energy mobile football game from FIFA and Mythical Games, has entered into a multi-year partnership with Bundesliga club Borussia Dortmund, bringing the iconic German side into its fast-growing digital arena.The collaboration marks FIFA Rivals’ first official club partnership and a major step in the game’s expansion across Europe. It also introduces new ways for fans around the world to engage with Dortmund, both in-game and in real life.As part of the 2025/26 season rollout, fans and players can look forward to:Dortmund stars in-game: Players including Karim Adeyemi, Serhou Guirassy, Nico Schlotterbeck, Gregor Kobel, Jobe Bellingham, Yan Couto,…

Terrill Dicki Aug 18, 2025 15:00 EIGEN price drops 5% to $1.35 but technical indicators signal potential reversal with MACD turning bullish and RSI holding neutral territory above 50. Quick Take • EIGEN currently trading at $1.35 (-5.07% in 24h) • EigenLayer’s MACD histogram shows bullish momentum despite price decline • EIGEN RSI maintains neutral stance at 50.69, suggesting consolidation phase • No significant news catalysts driving current price action What’s Driving EigenLayer Price Today? EigenLayer’s price movement appears driven primarily by technical factors rather than fundamental news, as no significant developments have…

Dogecoin (DOGE) is currently the only memecoin among the top 25 crypto projects by market cap. Shiba Inu (SHIB) and Pepe (PEPE) were once in the top 25 projects as well. However, both SHIB and PEPE have slipped out of the top 25 over the last few months. DOGE has maintained its dominance in the memecoin charts and could be the undisputed memecoin king.Dogecoin To Dominate The Memecoin Sector?Source: ForbesDOGE is the original memecoin. The project was launched in December 2013, more than 11 years ago. Over the last decade, DOGE has solidified its position as a solid crypto project.…

Dogecoin is once again in the spotlight as market analyst Master Ananda outlines a bold outlook for its current bull cycle. Past cycles show that major moves in DOGE often unfold over many months, not weeks. Ananda highlights that the meme coin has already been in an uptrend for years, with strong momentum since 2022 and a clear breakout from October 2023.  While no one can predict markets with certainty, the analyst argues that the path of growth is already in motion, and price targets suggest a possible climb as high as $2.55 this cycle. Dogecoin’s Historical Growth Patterns Vs.…

BTCS, a MicroStrategy-related Ethereum company, announced it will issue a one-time blockchain dividend of $0.05 per share in Ethereum, becoming the first publicly traded firm to pay dividends in ETH. Additionally, BTCS will give a $0.35 per share Ethereum loyalty bonus to shareholders who transfer their shares to the company’s transfer agent and hold them until January 26, 2026. This innovative move highlights growing crypto integration in traditional finance. Credit: Source link

Alvin Lang Aug 18, 2025 11:38 Cosmos (ATOM) trades at $4.42 after a 5% decline, with technical indicators showing bearish momentum as the token approaches key support levels. Quick Take • ATOM currently trading at $4.42 (-5.02% in 24h) • Cosmos RSI at 46.81 suggests neutral momentum with bearish undertones • No significant news catalysts driving current price action What’s Driving Cosmos Price Today? The ATOM price decline appears to be part of broader market weakness rather than Cosmos-specific fundamentals. With no significant news events emerging in the past week, technical factors and…