Bitcoin shows potential for further price appreciation supported primarily by a weakening U.S. dollar, creating favorable conditions.
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Jetking Approves ₹115 Million Funding to Expand Bitcoin Reserves
2025-07-21 08:25 (15 hours ago)
Indian IT training institute Jetking Infotrain Ltd. has approved a private placement valued at ₹115 million (approximately $1.38 million). The company intends to issue 460,000 common equity shares, each priced at ₹250, to raise the capital. The share price of ₹250 consists of a face value of ₹10 per share and a premium of ₹240 per share. This strategic funding...
SHIB AI Whitepaper Classifies Artificial Intelligence, Positions Creative AI as Ultimate Frontier
2025-07-19 20:24 (2 days ago)
The SHIB development team has released an in-depth whitepaper establishing a comprehensive classification system for artificial intelligence technologies. The framework identifies four distinct AI categories: Centralized AI, Decentralized AI, Auxiliary and Ancillary AI, and Malicious AI, outlining their respective societal impacts and technological implications. Creative AI emerges as the whitepaper's centerpiece, described as the 'Holy Grail' of artificial intelligence advancement....
Bitcoin Gains Traction as Hedge Against Dollar Weakness and Fiat Inflation
2025-07-19 20:09 (2 days ago)
Growing concerns over the persistent decline of the US dollar and widespread fiat currency inflation are fueling increasing adoption of Bitcoin. Investors are seeking refuge in the cryptocurrency's immutable capped supply and decentralized architecture, viewing it as a potential safeguard against traditional financial system vulnerabilities. Analysts highlight Bitcoin's perception as 'hard money,' distinguishing it as an asset insulated from the...
Ripple Co-Founder Chris Larsen Transfers $26M in XRP to Coinbase Amid Institutional Surge
2025-07-19 03:11 (3 days ago)
Ripple executive Chris Larsen has transferred approximately 106 million XRP (valued at $344 million) to centralized exchanges in recent transactions, including a notable $26 million deposit to Coinbase. This movement coincides with a sustained rally in XRP's price, largely attributed to growing institutional accumulation. Financial institutions have acquired nearly $10 billion worth of XRP, reinforcing its price resilience and market...
Tim Draper Touts Bitcoin as Strategic Hedge Against Declining US Dollar
2025-07-20 18:40 (1 day ago)
Venture capitalist Tim Draper has positioned Bitcoin as a crucial hedge against the weakening US dollar, underscoring its evolving role amid global financial instability. The billionaire investor highlighted Bitcoin's importance within a changing monetary landscape, where traditional fiat currencies face mounting pressure. Draper's analysis suggests that while Bitcoin's historical price cycles were heavily influenced by halving events, current macroeconomic conditions—including...
Bitcoin Market Dominance Slips Below 61% as Altcoins Gain Momentum
2025-07-21 15:12 (9 hours ago)
Bitcoin's dominance in the cryptocurrency market has declined to 60.96%, signaling a structural shift as alternative digital assets (altcoins), particularly Ethereum and Chainlink, demonstrate renewed strength. Ethereum's dominance also fell significantly from a recent high of 66% to the current 60.96%. This shift accompanies substantial weekly price increases for leading altcoins, with Ethereum rising 25.6% and Chainlink surging 26.85%. The...
Merlin Chain 2.0 Aims to Boost Bitcoin Utility with L2 Tech, Chain Abstraction, and AI
2025-07-21 11:21 (13 hours ago)
Merlin Chain 2.0, undergoing development, is targeting significant expansion of Bitcoin's utility by leveraging Layer-2 technology. The upgrade centers on 'chain abstraction,' designed to streamline interactions between disparate blockchains. This feature aims to directly tackle complexities inherent in multi-chain environments by simplifying user experience when moving assets or data across networks. Artificial intelligence integration is another core component. The implementation...
Significant Bitcoin Outflows from Binance as New Wallet Withdraws 400 BTC
2025-07-20 02:38 (2 days ago)
Notable volumes of Bitcoin have recently exited cryptocurrency exchange Binance, highlighting substantial liquidity movements. Observations indicate a newly established digital wallet orchestrated a withdrawal of 400 Bitcoin, valued at approximately $47.26 million, directly from the exchange. This sizable single transaction forms part of an escalating trend observed over the preceding days, which culminated in total withdrawals reaching 1,400 Bitcoin. The...
Pan Du Discusses Launching Pledged Spot Ethereum ETF with Hong Kong Regulators
2025-07-19 12:06 (2 days ago)
Cryptocurrency firm Pan Du has entered discussions with Hong Kong regulators concerning the launch of a pledged spot Ethereum exchange-traded fund (ETF). The proposed ETF aims to offer investors regulated exposure to Ethereum's market movements. Pan Du plans for the fund to operate within a tightly controlled framework designed to meet Hong Kong regulatory standards. This initiative reflects an increasing...
News Site Urges Crypto Community to Enable Social Media Notifications
2025-07-21 09:41 (14 hours ago)
Readers seeking real-time cryptocurrency news, deep insights, and analyses on Bitcoin are strongly encouraged to activate notifications for our official social media channels. By enabling alerts on Twitter and subscribing to the Telegram channel with notifications turned on, followers ensure they receive immediate updates on breaking stories and essential market developments. This prompt emphasizes the platform's dedication to delivering timely...
Upbit Trading Volume Surges 46.8% as XRP/KRW Dominates South Korean Market
2025-07-21 02:56 (21 hours ago)
South Korea's largest cryptocurrency exchange Upbit witnessed a 46.8% spike in trading activity, with 24-hour volume reaching $4.765 billion. The XRP/KRW trading pair led market activity, accounting for 15.26% of total volume. Other altcoins showing significant trading momentum included Doge, Ethereum (ETH), Tezos (XTZ), and CKB. The increased activity coincided with notable price appreciation for select assets. Tezos (XTZ) demonstrated...
Pandy Bitcoin ETF Debuts on Hong Kong Exchange with Strong Intraday Surge
2025-07-19 13:01 (2 days ago)
The Pandy Bitcoin ETF (2818) commenced trading on the Hong Kong Stock Exchange, registering a significant intraday surge of over 13% during its first trading session. The fund closed at 7.98 Hong Kong dollars (HKD) with a daily gain of 1.64%, demonstrating robust initial market interest in the cryptocurrency investment vehicle. Pandy's CEO Ren Junfei concurrently announced plans to develop...