Author: Oscar
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Myriad Surpasses $10M With 500K Users Onboarded
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Myriad, a Web3-native prediction and trading protocol, has crossed a major milestone, announcing that it has facilitated more than $10 million in USDC trading volume since launch. Alongside the financial achievement, the platform has onboarded over 511,000 users and processed more than 5.4 million predictions to date. The company highlights that these early traction numbers…
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Crypto Market Nears Danger Zone as Correction Deepens
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The crypto market, after enjoying an extraordinary rally earlier this year, is now flashing multiple warning signs of a deeper correction. Having touched a historic peak of $4.17 trillion in August, the market has since cooled off with a pullback exceeding 10%. Analysts remain divided on whether this downturn is a healthy reset or a…
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Bitcoin Price Slumps to Multiweek Lows as Liquidations Surge Past $530M
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Bitcoin endured heavy losses on Friday, slipping to its lowest level since early July and triggering more than half a billion dollars in crypto liquidations. Despite hopes pinned on a bullish relative strength index (RSI) divergence, the market failed to hold key support levels, leaving traders on edge as the price risks deeper downside moves.…
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PYTH Eyes 80% Rally as Buyers Absorb $22 Million Despite Volatility Signals
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Pyth Network’s token, PYTH, surged over 100% in the past 24 hours, fuelled by strong accumulation and a significant move from the US Commerce Department to release GDP data on major blockchains. With the token trading around $0.223, well below its all-time high of $1.20, technical and on-chain indicators suggest there may still be more…
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Bio Protocol Price Surges 350% as Whales Accumulate 130 Million BIO
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The native token of decentralised science (DeSci) project Bio Protocol (BIO) has witnessed an extraordinary recovery, soaring 350% from its all-time low. Following weeks of steady accumulation by large holders, the token has now regained momentum, trading at $0.19 at the time of writing. Once languishing at $0.041 in April, BIO has staged a remarkable…
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Ethereum Overtakes Bitcoin as ETF Inflows Surge and Bullish Bets Strengthen
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Ethereum is stealing the spotlight from Bitcoin this week, as surging capital inflows into Ethereum-backed exchange-traded funds (ETFs) push the leading altcoin ahead of the world’s largest cryptocurrency. Institutional appetite for ETH appears to be strengthening, setting the stage for potential price gains if momentum continues. Ethereum ETF Inflows Outpace Bitcoin by a Wide Margin…
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Gemini Unveils XRP Credit Card and Expands RLUSD Access
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Gemini has announced the launch of a new XRP edition of its Gemini Credit Card, developed in collaboration with Ripple. The move marks a significant expansion of Gemini’s XRP-focused offerings, alongside wider availability of Ripple USD (RLUSD), Ripple’s USD-backed stablecoin. The development highlights growing integration of digital assets into everyday financial products, giving consumers new…
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Ethereum Price Risks Slide to $4,000 as $2 Billion in ETH Hits Exchanges
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Ethereum is under increasing pressure after failing to breach the long-anticipated $5,000 mark earlier this month. The world’s second-largest cryptocurrency by market capitalisation is now struggling to maintain its footing above $4,500, with selling activity intensifying and technical indicators flashing red. Profit-Taking Picks Up Pace Recent on-chain metrics highlight a sharp rise in profit-taking among…
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Sharps Technology Unveils $400M PIPE to Build ‘World’s Largest’ Solana Treasury
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Sharps Technology, a U.S.-based medical device manufacturer, has announced an ambitious strategic pivot into digital assets with plans to raise $400 million through a private investment in public equity (PIPE) deal. The funds will be directed towards establishing what it calls the “world’s largest” Solana (SOL) treasury, a move that underscores the growing institutional appetite…
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US Banks Clash with Crypto Over $6.6T Stablecoin Threat
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US banks are raising alarms over what they describe as a dangerous loophole in the recently passed GENIUS Act, warning it could trigger an unprecedented flight of deposits into the crypto sector. Traditional finance groups say the legislation, which is designed to regulate stablecoins, may inadvertently give exchanges such as Coinbase and Binance the ability…