XRP Price Watch: Volume Slips as XRP Hovers Below Resistance

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Ethereum Faces Intense Selling Pressure Amid Mixed Market Signals

04:18 07-08-2025 （15 hours ago）

Ethereum experiences significant market turbulence as recent data reveals extreme sell-side activity. The cryptocurrency recorded a Net Taker Volume of -$418.8 million, representing an unprecedented imbalance where 116,000 more ETH were sold than purchased within a single trading session. Despite this substantial selling pressure, Ethereum demonstrates resilience near the $3,643 support level. This price consolidation suggests absorption of sell orders...

Ripple Critiques Senate Crypto Bill, Urges Clear Regulatory Lines and Challenges SEC Oversight Scope

21:56 06-08-2025 （22 hours ago）

Ripple has submitted its response to the U.S. Senate's draft Crypto Market Structure Bill, advocating for explicit jurisdictional clarity between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to prevent regulatory overlap. Central to Ripple's critique is opposition to the proposed 'ancillary asset' framework. The company contends this classification could subject established digital assets, including...

Rising USDT Dominance Signals Potential Short-Term Weakness for Bitcoin

12:06 05-08-2025 （2 days ago）

A key rise in USDT dominance has potentially weakened Bitcoin's short-term bullish prospects, according to market analysis. The stablecoin's dominance metric has broken above a critical technical support zone, suggesting a shift in market dynamics. This increase in USDT's market share, currently at 4.42%, typically reflects a move away from higher-risk assets like Bitcoin towards the perceived safety of stablecoins....

Bitcoin Poised for Potential 50% Surge if Key Support Holds, Analysts Suggest

10:34 07-08-2025 （9 hours ago）

Technical analysis indicates Bitcoin could rally by up to 50% should it maintain crucial support levels, mirroring patterns observed during its significant late 2024 breakout. Market analysts highlight that BTC/USD currently tests critical support in what they describe as an 'interesting spot,' structurally resembling conditions that preceded Bitcoin's previous surge from $70,000 to $108,000. Historical patterns show Bitcoin tends to...

SEC Liquid Staking Guidance Sparks Commissioner Debate as Market Caps $67 Billion

07:30 06-08-2025 （2 days ago）

New guidance from the U.S. Securities and Exchange Commission (SEC) regarding liquid staking protocols has ignited a debate among commissioners and industry observers. The agency's stance has drawn internal criticism and external comparison to the 2008 financial crisis, while finding support from another commissioner. SEC Commissioner Caroline Crenshaw publicly criticized the agency's guidance, arguing it lacked adequate clarity. This internal...

Binance Founder CZ Challenges Jurisdiction in $1.76 Billion FTX Lawsuit

09:25 06-08-2025 （1 day ago）

Binance founder Changpeng Zhao (CZ) has moved to dismiss a $1.76 billion lawsuit filed against him by the FTX bankruptcy estate, arguing the Delaware court handling the case lacks jurisdiction over him. Zhao contends he falls outside the court's reach as he is neither a U.S. citizen nor resident, currently residing in the United Arab Emirates. A central pillar of...

BlackRock Moves $664M in BTC and ETH to Coinbase Amid ETF Outflows

08:51 06-08-2025 （1 day ago）

Investment giant BlackRock has transferred 2,544 Bitcoin (approximately $292 million) and 101,975 Ethereum (roughly $372 million) to cryptocurrency exchange Coinbase Prime. This activity signals a potential shift from accumulation to sell-off positioning as transfers to exchanges typically precede institutional selling. The movement coincides with significant outflows from spot Bitcoin and Ethereum exchange-traded funds, which shed over $1.5 billion within four...

Corporate Treasuries Accumulate Solana Holdings as Early Investors Eye Future Gains

23:39 06-08-2025 （20 hours ago）

Corporate treasury firms are significantly increasing their exposure to Solana (SOL), positioning themselves to potentially capitalize on future price appreciations despite ongoing market volatility. Recent disclosures reveal Upexi is holding 1.9 million SOL across its investments. However, the firm has reported paper losses of approximately $0.9 million due to recent declines in Solana's price. In contrast, DeFi Development holds 1.1...

Trader @qwatio Liquidates Ethereum Shorts to Protect Bitcoin Position Amid Market Volatility

02:15 06-08-2025 （2 days ago）

Prominent cryptocurrency trader @qwatio has closed Ethereum short positions to shield an active Bitcoin short position, which faces liquidation if Bitcoin reaches $114,491. The protective maneuver highlights intense volatility risks in leveraged crypto trades and their cross-market repercussions. The high-leverage strategy employed by @qwatio contributed to heightened price fluctuations in Bitcoin and Ethereum markets. Aggressive positions of this nature frequently...

Solana Mobile Ships Seeker Smartphone with Native Blockchain Features and Unveils SKR Token

00:28 05-08-2025 （3 days ago）

Solana Mobile has initiated shipments of its Seeker smartphone and simultaneously introduced the SKR token to incentivize participation in its mobile Web3 ecosystem. The Seeker device integrates native blockchain capabilities as a core design element, distinguishing it from conventional smartphones and enabling direct engagement with decentralized applications. The newly announced SKR token enables holders to participate in ecosystem governance while...

KakaoBank Prepares Stablecoin Launch Amid Regulatory Shifts and Institutional Demand

03:46 07-08-2025 （16 hours ago）

KakaoBank, South Korea's largest digital bank, is advancing plans to enter the stablecoin market with asset issuance and custody services. The initiative is spearheaded by an internal Stablecoin Task Force as the bank aligns with the country's progressive regulatory shift under President Lee Jae. The institution, serving over 25.86 million users across nearly half of South Korea's population, has seen...

Parataxis Holdings to Raise $640 Million via SPAC Merger for Bitcoin Expansion and NYSE Listing

14:02 07-08-2025 （6 hours ago）

Parataxis Holdings has announced a merger agreement with special purpose acquisition company SilverBox Corp IV to raise up to $640 million. The transaction will facilitate Parataxis's public listing on the New York Stock Exchange under the ticker symbol 'PRTX'. Proceeds from the SPAC merger will primarily fund Bitcoin reserve acquisitions and support market expansion initiatives in South Korea. The business...