archiveCryptocurrencies

In the tide of cryptocurrency, traditional mining has many pain points such as high equipment cost, high technical threshold, and high electricity consumption. London, UK, June 30, 2025 (GLOBE NEWSWIRE) -- In the tide of cryptocurrency, traditional mining has many pain points such as high equipment cost, high technical threshold, and high electricity consumption. To solve these problems, LET Mining has launched a new intelligent cloud mining service, allowing users to remotely participate in global green mining with just a few clicks, and easily obtain daily passive income. 1. One-click...

With some major economies leaping onto the stablecoin train – or being urged to do so, to further globalise their currencies – others are mulling whether getting on board would be akin to either riding the gravy train or feeling it fail to gather steam.Now, the international financial organisation known as the “bank for central banks” has waded into the stablecoin debate as the buzzword gathers momentum.In a “special chapter” released on Tuesday in advance of Sunday’s release of its Annual Economic Report 2025, the Bank for International Settlements (BIS)...

Hyperliquid (HYPE) sustained a 6% decline on Tuesday despite Nasdaq-listed Eyenovia's (EYEN) announcement that it entered a securities purchase agreement to offer up to $50 million of its shares to establish a HYPE treasury. The company announced that it has entered into a securities purchase agreement for a $50 million private placement in public equity offering (PIPE) with accredited investors. The company plans to use the funds to establish its Hyperliquid treasury. Bitcoin price declined sharply, falling from the June 10 open of $110,274 to the June 11 close of $105,671,...

TRUMP meme coin remains near the critical $10.00 support level as recovery remains elusive.The Trump family project, World Liberty Financial, releases key updates for USD1, including bridge and swap features.The massive decline in the derivatives market Open Interest, along with low trading volumes, signals waning investor interest.Trump Official's (TRUMP) bulls are losing grip as the meme coin approaches support at $10.00 at the time of writing on Thursday. The token's recovery has remained largely subdued over the last few weeks, reflecting declining sentiment, falling derivatives market Open Interest (OI) and...

Litecoin (LTC) is showing signs of weakness on Thursday as it fails to break above its key resistance level. The price action emerges as a classic dead-cat bounce pattern, which favors bears. The technical outlook suggests that sidelined traders looking to short LTC could consider entry points between $93 and $95 in anticipation of the price resuming its downtrend. Additionally, the bearish sentiment is building among traders, with short positions in the derivatives market reaching their highest point in over a month. Ethereum (ETH) briefly moved above $2,850 on Wednesday...

Decentralized Finance (DeFi) tokens surge after Paul Atkins’ speech, with Uniswap (UNI), XDC Network (XDC), and Jito (JTO) posting double-digit gains as top performers in the last 24 hours. Uniswap edges lower by over 4% at press time on Wednesday after a spectacular performance of a 26% surge to close a bullish engulfing candle the day before. With a brief pause at $8.67, a three-month high, UNI reverses from the $8.70 supply ceiling to take a breather.  Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing early signs of strength as BTC is nearing...

XRP's uptrend shows signs of faltering, suggesting trader exhaustion and potential profit-taking.Ripple enhances investment in the Asia-Pacific region with $5 million in additional funding to support blockchain innovation.A 5% increase in the derivatives market's Open Interest and a spike in trading volume to $5.2 billion suggest growing bullish sentiment.Ripple (XRP) is slowly losing its grip on the uptrend printed on Monday, following last week's sell-off, triggered by the public spat between United States (US) President Donald Trump and Tesla's CEO Elon Musk. Meanwhile, the cross-border money remittance token hovers at...

In recent years, a new form of digital money has been gaining serious attention across the globe — Central Bank Digital Currencies, or CBDCs. These are government-backed digital versions of a country’s official currency. Unlike traditional cryptocurrencies, CBDCs are controlled and issued by central banks, making them a hybrid of traditional money and digital innovation.The rise of CBDCs is not just a technological development. It marks a potential turning point in how money functions in the modern economy, especially in relation to the crypto market. As more countries test or...

The cryptocurrency market begins the week on a positive note with altcoins such as SPX6900 (SPX), Internet Computer (ICP), and AB (AB) leading the gains on Monday, at press time. Recovering from the flash crash on Thursday, Bitcoin reclaims and holds above the $105,000 level on Saturday, adding tailwinds to altcoins. The meme coin SPX soared 7.95% on Sunday following the 8% hike on Saturday to complete a bullish weekend. At the time of writing, SPX trades at $1.25 with minimal intraday movement after a 22% rally last week.  Ethereum (ETH) is trading just below $2,500...

Binance co-founder Changpeng Zhao denied claims of acting as a facilitator for World Liberty Financial in Pakistan.WLFI co-founder Zak Folkman stated that the company's discussions with Pakistan government officials never revolved around foreign policies.The allegations stem from a Wall Street Journal article claiming that CZ facilitated conversations between WLFI and members of the Pakistani government.World Liberty Financial (WLFI) on Friday refuted claims by the Wall Street Journal (WSJ) that it leveraged Binance founder Changpeng Zhao (CZ) to facilitate discussions during a business trip to Pakistan. The crypto project also denied...