Bitcoin Bulls Take Another Shot at the Fibonacci Golden Ratio Above $122K as Inflation Data Looms
Bitcoin (BTC) bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data. The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci extension originating from the 2018 bear market low and the 2022 bear market low. The 1.618% extension is derived...
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XRP Rallies Above $3.25 After Ripple-SEC Settlement as Institutional Interest Surges
Technical Analysis Overview XRP jumps 11% in the 24-hour period ending August 11, moving from $2.90 to highs of $3.27 before settling at $3.22. The breakout comes as institutional trading volumes spike 208% to $12.40 billion following the formal dismissal of the SEC’s case against Ripple Labs. Open interest...
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Ether Volatility Spikes on Rally as Bitcoin Edges Back Toward Record Highs
Crypto markets began Monday on a high note, with ether (ETH) up more than 21% over the past seven days to $4,300 and bitcoin (BTC) climbing 3% to within touching distance of record highs. BTC led gains among majors in the past 24 hours, with Solana’s SOL (SOL), XRP...
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Bitcoin Mining: New Tech and HUGE Efficiency Gains! #shorts
Bitcoin mining just hit warp speed. Witness the paradigm shift: desktop-sized rigs now pack 90 terahash! Are the old Antminer S9 days officially over? ‘It’s crazy…got to move and evolve!’ #bitcoinmining #cryptonews #bitcoin #cryptomining #btc...
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Samson Mow Says Ethereum A ‘Vehicle’ For People To Buy More Bitcoin: ‘No One Wants ETH In The Long Run’
Bitcoin (CRYPTO: BTC) maxi Samson Mow said Sunday that Ethereum (CRYPTO: ETH) holders are using their BTC to inflate ETH prices via new treasury narratives, only to sell them off at peaks. ETH A Vehicle For Further BTC Accumulation In an X post, Mow weighed in on the ongoing...
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Is institutional demand keeping Bitcoin dominance high and delaying altseason?
Bitcoin continues to dominate the cryptocurrency market, with institutional demand showing few signs of easing, and that may be the main reason altseason has yet to arrive. A new quarterly report from Bybit and Block Scholes, published Aug. 8, shows…...
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J.P. Morgan Taps Marex as Clearing Firm for Settlements on its Blockchain
The largest bank in the United States continues its stride into DeFi innovation with TradFi roots, marking a partnership with two financial institutions. Improving Solid Foundations Marex Group Plc, a publicly traded financial services company listed on the NASDAQ (MRX), made an announcement last week regarding a collaboration with Brevan Howard Digital...
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Elizabeth Warren Says Current Crypto Regulation ‘Supercharges’ Trump’s ‘Corruption’ And Puts ‘Economy At Risk’
Sen. Elizabeth Warren (D-Mass.) reiterated the necessity for strong cryptocurrency regulation Sunday, criticizing the current method as a corporate giveaway that “supercharges” President Donald Trump’s corruption. Don’t Need Regulation Written By Crypto Industry, Says Warren Warren posted her interview with MSNBC, in which she discussed the current state of cryptocurrency legislation. “Look,...
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LayerZero proposes $110M buyout of Stargate amid STG token struggle
LayerZero Foundation has put forward a proposal to acquire all circulating Stargate tokens for roughly $110 million in ZRO, aiming to consolidate control over one of the most-used cross-chain bridges in the market. The Aug. 11 proposal values Stargate (STG)…...
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Bitcoin Rises As Fed Governor Backs Three Rate Cuts In 2025; Ethereum, Dogecoin, XRP Correct: ETH May Have More Room To Run, Says Analyst
Bitcoin gained, but altcoins pulled back from Sunday amid Federal Reserve Governor’s dovish comments on rate cuts. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. ET) Bitcoin (CRYPTO: BTC) +2.19% $119,209.81 Ethereum (CRYPTO: ETH) -0.64% $4,277.56 XRP (CRYPTO: DOGE) -0.85% $3.19 Solana (CRYPTO: XRP) -0.13% $181.83 Dogecoin (CRYPTO: SOL) ...
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