XRP price started a fresh increase from the $2.950 zone. The price is now trading above $3.20 and might aim for more gains in the near term. XRP price started a fresh increase above the $3.20zone. The price is now trading above $3.220 and the 100-hourly Simple Moving Average. There was a break above a…
Ethereum’s validator exit queue has swelled dramatically since July 16. According to Galaxy Digital, this was driven less by speculative profit-taking and more by structural stresses triggered by spiking ETH borrow rates and the unwinding of leveraged staking strategies. Ethereum’s Exit Queue Chaos Beginning mid-July, ETH borrow rates on Aave surged from a stable 2-3%…
Metaplanet, the Tokyo-listed firm rapidly evolving into one of Asia’s most aggressive corporate Bitcoin holders, added another 780 Bitcoin to its treasury on July 28. The latest acquisition brings its total holdings to 17,132 BTC, marking a sharp climb from the 13,350 reported just a month ago. The company disclosed the purchase in a filing…
The crypto market staged a strong rebound, with overall gains across major sectors. Bitcoin climbed 0.9% to trade above $119K, recovering from recent declines and holding well below its all-time high of $123K set earlier this month. Ethereum rose 2.6%, briefly approaching the $3,900 mark and hitting a year-to-date peak. Other notable movers included BNB,…
Ethereum price started a fresh increase above the $3,800 zone. ETH is now showing positive signs and might soon aim for a move toward $4,000. Ethereum started a fresh increase above the $3,800 and $3,840 levels. The price is trading above $3,820 and the 100-hourly Simple Moving Average. There is a key bullish trend line…
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,500 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Hong Kong advances Web3 through corporate stablecoin ventures and an August regulatory framework. Pudgy Penguins denies OpenSea acquisition rumors while PENGU surges 300%. Elizabeth Warren criticizes Trump’s crypto…
Bit Digital, a computing infrastructure firm long associated with Bitcoin mining, is shifting gears and transitioning to Ethereum. The company has begun offloading Bitcoin reserves and significantly increasing its exposure to Ethereum. However, according to additional equity financing plans filed with the US Securities and Exchange Commission (SEC), it’s clear that Bit Digital’s pivot to…
Shiba Inu (SHIB) has seen a significant drop in price over the past week, triggering bearish sentiment among traders. This has led to a wave of selling pressure in the market. However, should SHIB recover, it could cause substantial losses for short traders who are betting against the altcoin. Shiba Inu Traders Should Be Aware…
South Korean crypto exchanges paid their customers $87 million worth of interest on their fiat deposits in the past 12 months. Per the South Korean news agency Yonhap (via Daum), data on interest payments was submitted by the Financial Supervisory Service on July 27 after a freedom of information request from the Democratic Party lawmaker…