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XRP Faces Bearish Pressure with 17% Drop from July Peak Amid Warning Signals

05:58 04-08-2025 （8 hours ago）

XRP has retraced 17% from its July high of $3.65, trading at $2.99 amid multiple bearish technical indicators. The appearance of an MVRV death cross—a historically negative signal—suggests potential for deeper price correction despite neutral market sentiment. Market activity shows declining spot volume, with XRP trading volume falling 23% to $4.83 billion. Derivatives markets saw marginal growth as open interest...

Bitcoin Nears $116,000 as Weak U.S. Jobs Data Fuels Fed Rate Cut Expectations

03:19 02-08-2025 （2 days ago）

Bitcoin's price surged toward the $116,000 mark following unexpectedly weak U.S. employment figures, intensifying market expectations of imminent Federal Reserve interest rate cuts. The catalyst emerged from July nonfarm payrolls data revealing just 73,000 new jobs—barely half the anticipated 147,000—despite a steady 4.2% unemployment rate. This pronounced labor market slowdown signals broader economic fragility, prompting investors to anticipate Federal Reserve...

SharpLink Whale Withdraws 14,520 ETH from Exchange in Treasury Strategy Shift

14:05 01-08-2025 （3 days ago）

A cryptocurrency whale linked to blockchain firm SharpLink has withdrawn 14,520 ETH from a centralized exchange, potentially affecting Ethereum's market liquidity. The substantial movement reduces immediate circulating supply and aligns with SharpLink's publicly stated strategy of accumulating Ethereum for corporate treasury management. This transaction underscores institutional efforts to leverage Ethereum's growing market value for long-term financial resilience. Large-scale withdrawals of...

Bitcoin Surpasses $114,000 and Ethereum Breaks $3,500 Amid Resurgent Crypto Bull Market

23:59 03-08-2025 （14 hours ago）

Bitcoin and Ethereum registered substantial price gains, with Bitcoin exceeding $114,000 and Ethereum clearing the $3,500 barrier on August 4. These movements signal a resurgence of bullish momentum across cryptocurrency markets as confidence in core digital assets strengthens. Bitcoin climbed to $114,345, reflecting a 1.74% daily increase that underscores a robust start-of-month recovery. Traders see this rebound reinforcing Bitcoin's position...

Upbit Trading Volume Drops to $163.4M as XRP Dominates Korean Won Market

04:18 04-08-2025 （9 hours ago）

South Korean cryptocurrency exchange Upbit recorded $163.4 million in trading volume over a recent 24-hour period, signaling a notable market slowdown. The platform's activity dipped amid fluctuating investor sentiment as traders navigated shifting market conditions. XRP/KRW emerged as the dominant trading pair, capturing 29.08% of Upbit's Korean won market volume. Ethereum (ETH) and Bitcoin (BTC) secured subsequent positions, while Ethena...

Bitcoin Faces Downward Pressure as Sellers Test Key Support Levels

15:16 02-08-2025 （2 days ago）

Bitcoin (BTC) experienced a decline yesterday, dropping 1.43% as seller dominance pushed the price lower and prevented a sustained break above near-term resistance near $114,008. The price action now brings key technical support levels between $113,000 and $112,000 into focus. Market analysis warns that a decisive break below this support zone could trigger a further correction towards the $110,000 level...

Binance Expands Bitcoin Options Writing Globally Amid 3200% Trading Volume Surge

10:21 04-08-2025 （3 hours ago）

Binance has globally enabled Bitcoin options writing for all users, responding to exponential growth in cryptocurrency derivatives activity. This expansion marks a significant upgrade to the platform's trading capabilities worldwide. Bitcoin options trading volume surged 3200% over five years, rising from $4.11 billion in 2020 to $138.76 billion by mid-2025. The increase reflects escalating investor demand and broader democratization of...

Bitcoin Blockchain Seen Advancing US Energy Grid Transformation

23:00 03-08-2025 （15 hours ago）

Blockchain technology, particularly leveraging elements found in Bitcoin's architecture, is emerging as a key tool to decentralize and strengthen the United States energy grid. Advocates highlight its potential to enhance resilience and operational efficiency through decentralized coordination mechanisms. By mobilizing idle energy resources and enabling peer-to-peer interactions, blockchain aims to improve grid efficiency and bolster its ability to withstand disruptions....

Bitcoin Price Correction to $111,964.01 Highlights Market Volatility and Recovery Prospects

01:42 03-08-2025 （1 day ago）

Bitcoin's recent decline to $111,964.01 underscores the cryptocurrency's inherent market volatility, with analysts viewing the drop as a probable short-term correction rather than a fundamental market shift. The downturn was driven by multiple factors including sell-offs by large holders ('whales'), technical breakdowns below key support levels, and amplified negative sentiment stemming from market uncertainties. Such conditions historically trigger temporary dips...

Solana and Phylax Protocol Upgrades to Boost DeFi Functionality Amid Institutional Interest

22:32 01-08-2025 （3 days ago）

Solana and Phylax are preparing to deploy significant protocol upgrades this month, targeting enhanced decentralized finance (DeFi) capabilities and improved network scalability. The anticipated improvements are forecasted to increase market activity, liquidity, and trading volumes across both ecosystems. Historical data indicates protocol upgrades typically yield substantial market uplifts, as demonstrated by Ethereum and Polygon's past volume increases of 35% and...

Bitcoin Tests $114,518 Support After 2.13% Daily Decline, Volatility Ahead

16:04 01-08-2025 （3 days ago）

Bitcoin's price has declined by 2.13% over the past 24 hours, testing the critical $114,518 support level amid widespread market pressure. Technical analysis of hourly charts indicates limited near-term volatility, with the daily Average True Range (ATR) showing most movement capacity already exhausted for the current trading session. A false breakout beneath $114,518 suggests potential for a rebound toward $116,000...

Satoshi Nakamoto Statue Stolen in Lugano; 0.1 BTC Bounty Offered for Recovery

10:41 03-08-2025 （1 day ago）

The stainless steel statue honoring Bitcoin's pseudonymous creator Satoshi Nakamoto has been stolen from Lugano, Switzerland, triggering a community-backed reward for its retrieval. Crypto art platform Satoshigallery has offered a 0.1 BTC bounty, equivalent to over $11,000, for information leading to the statue's recovery. The artwork symbolized Bitcoin's core principles of decentralization and anonymity, bearing the inscription 'we are all...