Author: WebDesk
Ethereum is finally making a strong recovery, climbing above the important $4,500 level after a long wait. It’s reached a price not seen in years, bringing it close to its previous all-time high. This could lead to a possible breakout. As more traders continue to take long on ETH, several key indicators are also going up, suggesting the price might keep rising.Ethereum Inches Closer to Record HighEthereum’s recent price jump has led to a wave of liquidations in the market. According to data from Coinglass, about $252.5 million worth of ETH positions were liquidated in the past 24 hours. This…
Dubai, UAE, August 13th, 2025, ChainwireBybit, the world’s second-largest cryptocurrency exchange by trading volume, is turning up the heat with the launch of Mexico in USDT Mode, an exclusive P2P event offering users in Mexico the chance to earn a share of 12,500 USDT in rewards. The campaign is already active and runs through September 10, 2025, and is designed to reward both new and existing users for participating in P2P transactions.How It WorksNew users who register and deposit at least 100 USDT through Bybit P2P will receive a 20 USDT coupon.Existing users who deposit 200 USDT or more will…
Join Our Telegram channel to stay up to date on breaking news coverage Metaplanet is rolling out a Bitcoin-backed yield curve and a preferred share program aimed at making BTC a credible form of collateral in Japan’s capital markets, a move aimed at challenging the dominance of traditional fixed income products. The Bitcoin-backed yield curve would create a pricing framework for Bitcoin-collateralized credit, opening the door for institutional investors to tap into BTC while locking in predictable yields. The “Metaplanet Prefs” program will further weaponize the firm’s growing Bitcoin treasury by issuing BTC-backed instruments across multiple credit profiles and maturities.…
XRP is trading at $3.28 on Wednesday and is up by nearly 5% in the day’s trade. The leading altcoin is consolidating in price and could see a breakout in value as it has rarely dipped despite challenges. Just a year ago, its price was at $0.50 and has surged 475% in less than 365 days. That’s phenomenal returns in a short period, as not every asset can deliver triple-digit profits in a year. A new and revised price prediction estimates that XRP could surge further in value and reach $29.Also Read: Nasdaq’s VivoPower Taps Crypto.com for Institutional XRP CustodyThe…
Several bullish technical signals are aligning for XRP, making this a critical moment for the cryptocurrency. The price has been steadily climbing lately while holding firm above strong support near $2.68. Stable moving averages and an RSI below overbought territory point to healthy momentum with room to run. Combined with a historically reliable XRP-specific trend indicator flashing positive, these factors suggest the bulls may be preparing for their next push. In market conditions like this, Outset PR delivers the data-driven insights and precision storytelling that help projects capture maximum visibility when investor attention is at its peak.XRP Eyes Potential Gains with…
Ethereum has surged to multi-year highs around $4,700, marking its strongest level since November 2021 and putting it within striking distance of its all-time high near $4,860. The rally has placed ETH on the verge of a price discovery phase, something the market hasn’t experienced in years. If bulls manage to push decisively beyond this key resistance, Ethereum could enter uncharted territory, with momentum potentially accelerating as traders and institutions pile in. Related Reading Fueling this bullish scenario is data from CryptoQuant showing Ethereum’s 30-day Simple Moving Average (SMA30) for exchange netflows at -40,000 ETH. This sustained negative reading means…
Cryptocurrency exchange BTCC has unveiled its first sports sponsorship deal by naming Jaren Jackson Jr., Memphis Grizzlies forward and 2023 NBA Defensive Player of the Year, as its global brand ambassador.The agreement signals BTCC’s growing interest in expanding crypto’s presence in mainstream culture by partnering with a high-profile athlete who exemplifies consistency, discipline, and forward thinking, values the company says have shaped its 14-year history in the digital asset space. “Jaren brings authenticity, consistency, and a championship mindset, values that mirror what we’ve built at BTCC over the past 14 years,” said Aaryn Ling, Head of Branding at BTCC. “We’re…
Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market continues recording positive growth in nearly all metrics. For the firm time in months, the non-fungible token market has seen its market cap soar again to greater heights, reaching over $9.4 billion for the first time since January 2025. The surge in market capitalization is accompanied by a significant surge in daily non-fungible token trading sales volume, which has also climbed to over $25 million in recent days. In this article, we shall factors fueling the recent NFT market surge. NFT Market Cap…
American Bitcoin Corp. (ABTC), a majority-owned subsidiary of Hut 8 Corp., has added 1,726 bitcoin to its holdings, expanding its strategic reserve as part of a summer acquisition push. Trump-Linked ABTC Grows Bitcoin Stash Past $250M Mark Hut 8 disclosed in its quarterly filing that the purchases occurred between July 1 and Aug. 6 at […] Credit: Source link
Join Our Telegram channel to stay up to date on breaking news coverage US banks are urging Congress to close a stablecoin yield “loophole” that they warn could drain up to $6.6 trillion in deposits from the traditional banking system, potentially destabilizing credit flows to American businesses and households. The Bank Policy Institute (BPI), as well as the American Bankers Association, Consumer Bankers Association, the Financial Services Forum, and the Independent Community Banks of America all voiced their concerns in a letter to Congress yesterday. They expressed concerns about the current wording in the Guiding and Establishing National Innovation for…
