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Key takeaways BTC is down nearly 3% in the last 24 hours and has dropped below $110k. The sell-off continues despite analysts being optimistic about BTC’s performance in the medium term. BTC dips below $110k as altcoins bleed The cryptocurrency market has been volatile since the start of the week and now seems to end it on a bearish note. Bitcoin, the leading cryptocurrency by market cap, has lost 2.8% of its value in the last 24 hours and is […]

The trading platform halted contract transfer today due to a brief downtime. Binance has fully restored the trading services. BNB price momentum has weakened after the halt. The leading crypto exchange, Binance, encountered an anticipated disruption in its futures trading offerings early today. Users failed to execute futures contracts between 14:18 and 14:36 UTC+8 after a temporary service halt. Binance confirmed the issue on X, stating that all futures trading was unavailable as the team worked on restoration. We’re aware […]

Transfers eliminate the need for wrapped tokens or bridges. Circle’s Gateway enables instant transfers across seven blockchains. XDC adds enterprise-grade functionality to USDC’s expansion. USDC, the stablecoin issued by Circle, has strengthened its regulated presence in decentralised finance with a native launch on the XDC Network (XDC). This integration removes the need for wrapped tokens, offering users faster and more secure transfers. By going live on XDC, USDC is now directly redeemable 1:1 for the US dollar, ensuring its stability […]

The coin has failed to break past $3.00 for two consecutive weeks. Capital outflows are outweighing inflows, weakening momentum. A drop to $2.74 is likely if selling continues. XRP is struggling to break through the $3.00 mark, with repeated attempts over the past two weeks falling short. The altcoin has been unable to sustain momentum, weighed down by weak investor support and shrinking inflows. At the time of writing, XRP trades at $2.87, remaining below the $2.95 resistance zone. Market […]

258 victims’ personal data stolen from six public and financial portals. BTS star Jungkook targeted with 8.4B won HYBE stock theft attempt. 21.3B won in virtual assets stolen, 12.8B won recovered by police. South Korean authorities have uncovered one of the country’s largest cyber fraud cases, dismantling an international hacking ring that stole nearly 39 billion won from high-profile victims. The Seoul Metropolitan Police Agency confirmed that the group exploited weak security across government, IT, and financial platforms to steal […]

Numeraire token NMR is down 25% as profit taking increases. The Numerai native token recently exploded amid a $500 million investment by JPMorgan. NMR price could drop to $15 and face resistance around $18. As top coins struggle with sell-off pressure, the price of Numeraire (NMR) has pared recent gains as it dropped 25% in the past 24 hours. Like the rest of the cryptocurrency market that has witnessed meteoric gains in the past few days, NMR has dumped as […]

Ethereum ETFs log $4B August inflows, set for second-largest month since launch. Bitcoin ETFs face $622M outflows in August, while Ethereum funds gain strong traction. ETH ETFs narrow gap in trading volume, even as BTC funds hold lifetime inflow lead. US spot Ethereum exchange-traded funds (ETFs) are poised to post around $4 billion in net inflows for August, marking their second-largest monthly tally since launching in July and underscoring a sustained period of outperformance against Bitcoin ETFs. Data compiled by […]

21Shares lists first Hyperliquid ETP on SIX, offering regulated exposure to HYPE token. Hyperliquid hits $319B monthly trades, capturing 35% of blockchain revenue in July. Market concerns linger, but analysts see long-term growth in DeFi derivatives demand. 21Shares, a Switzerland-based asset manager and issuer of crypto exchange-traded products (ETPs), has listed the Hyperliquid ETP on the SIX Swiss Exchange. The new product provides institutional and retail investors with exposure to Hyperliquid’s native token (HYPE) without the need for wallets or […]