Crypto Industry News & Market Trends

Will Golden Cross Help Ethereum (ETH)？ Figuring Out the Possibility

Ethereum is headed for a potentially significant moving-average crossover, but it is still below resistance as the emerging golden-cross setup arrives. Ethereums recovery structure may be strengthened by the signal, but price must first do some of the necessary work to generate it.　　Right now, ETH is trading at about $1,874. While the 100-day moving average is still falling, close to $1,919, the 50-day moving average has turned upward and is now at about $1,824. As a result, there is less space between them in both directions. A bullish golden-cross configuration would be produced by Ethereum if the 50-day average eventually crossed above the 100-day average.　　ETH/USDT Chart by TradingView　　These crossovers show that the more recent price performance has surpassed the slower average, which represents the longer-term trend. The issue is that golden crosses are lagging indicators. Instead of raising the price, they validate an improvement that has already taken place.　　Therefore, in order for the crossover to occur, ETH must continue its recovery. Thats not a given. Since July, Ethereum has frequently struggled between $1,900 and $1,950. Additionally, a descending resistance line has formed across the most recent local highs, creating an additional barrier in the same area.　　Clear breakout being formed　　This region

Yesterday 19:50Industry

Trump family's World Liberty Financial delay plans to sell Maldives resort token

SummaryWorld Liberty Financial, the cryptocurrency project backed by the Trump family, delayed plans to sell a token related to a resort in the Maldives.The tokens sale has been pushed back due to the Iran war disrupting travel in the region.The venture is part World Liberty Financials plans in tokenization, the representation of RWAs on blockchains in token form. WLFI is exploring this concept not just in real estate, but in commodities like oil and gas.　　World Liberty Financial, the cryptocurrency project backed by the Trump family, delayed plans to sell a token related to a resort in the Maldives, Bloomberg reported on Friday.　　The token was planned to go on sale next year, giving investors a share of revenue from loans financing the Trump-branded resort, but this has been pushed back due to the Iran war disrupting travel in the region, according to the report, citing people familiar with the matter.　　World Liberty Financial tapped real-world asset (RWAs) platform Securitize in February to help represent loan interests tied to the resorts development as a digital token that could be traded onchain.　　It is unclear when the token will now be listed.　　The venture is part World Liberty Financials plans in tokenization, the representation of RWAs

Yesterday 19:07Industry

Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown

SummarySpot bitcoin ETFs saw $192 million in back-to-back outflows as bitcoin fell to its lowest level since Aug. 3.While U.S. stocks gained after cooler-than-expected producer price data, crypto markets lagged, with bitcoin and ether slipping even as some altcoins outperformed.Derivatives and funding data show growing bearish positioning in tokens like bitcoin cash and hedera. Bitcoin volatility eased and options flows remain mixed.　　Bitcoin dropped below $63,000, losing 1.14% since midnight UTC as a second day of outflows from spot exchange-traded funds and a lack of bullish catalysts weighed on the crypto market.　　Spot bitcoin ETFs experienced the first back-to-back days of outflows since late July with $192 million exiting the products, according to SoSoValue.　　The largest cryptocurrency is now trading at its lowest point since Aug. 3 having wiped out all of last weeks rally. Ether is down by 0.73% since midnight, while a portion of the altcoin market continues to show resilience, outperforming crypto majors.　　U.S. equities were boosted on Thursday by producer price inflation data, which cooled to 4.7%, below forecasts. The Ss 24-hour CVD is the most negative among the top 25 coins, with funding rates around -20%, pointing to a market clearly dominated by bears. More broadly, all the top

Yesterday 19:06Industry

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July.　　Key points:Bitcoin avoids further downside as US PPI data provides a boost to US equities.Cleveland Fed president stays hawkish on the outlook for interest-rate policy.Bitcoin long liquidations make $61,000 a key level to watch.　　July PPI extends cooler US inflation trend　　BTC/USD was up around 0.5% on the day near $63,900 with volatility broadly absent, data from TradingView showed.　　BTC/USD one-hour chart. Source: Cointelegraph/TradingView　　The July US Producer Price Index (PPI) print was unchanged month-on-month at 0.2%, while year-on-year increased 4.7% versus an anticipated 4.9%, per data from the Bureau of Labor Statistics (BLS).　　“In July, a 0.2-percent increase in the index for final demand services and a 2.2-percent advance in prices for final demand construction offset a 0.7-percent decrease in the index for final demand goods,” the BLS release said.　　“Falling gasoline and energy prices provided the biggest relief,” Econoday analysts highlighted.　　US PPI one-month % change. Source: BLS　　US stocks gained at the Wall Street open as PPI further cooled market bets on interest-rate hikes from Federal Reserve policymakers. The S&P 500 index and tech-heavy Nasdaq Composite index were up 0.87% and 0.94%, respectively, at the time

Yesterday 19:02Industry

Bitcoin Eyes New August Lows as Binance Longs Face a ‘Cleanout’

Bitcoin (BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming.　　Key points:Bitcoin long positions face multiple threats as BTC price action heads toward new August lows, analyst warns.The correlation between Binance open interest and price reached 0.25 on Thursday as both fell.The Bitcoin bull market is not ready to make a comeback, CryptoQuant CEO Ki Young Ju says.　　Bitcoin longs feel the squeeze as price drops　　Insights published on onchain analytics platform CryptoQuant by community analyst “BorisD” on Thursday suggest that leveraged long BTC positions are being flushed out as BTC/USD targets month-to-date lows.BTC/USD one-hour chart. Source: Cointelegraph/TradingView　　The analysis focuses on the relationship between price and open interest (OI) on Binance. OI represents total active derivative positions, both long and short, and reflects capital commitment in a given market.　　While price has traded in a narrow range since June, CryptoQuant data show that Binance OI has gradually increased, reaching $8.15 billion on Wednesday as futures increasingly steer the market while spot traders sit on the sidelines.Bitcoin open interest on Binance. Source: CryptoQuant　　With price now seeing downside volatility on lower time frames, the correlation between price and OI has entered a state of flux, potentially squeezing long

Yesterday 19:02Industry

RedotPay US IPO delayed as $473M Binance lawsuit adds pressure

RedotPay has reportedly delayed a planned US initial public offering that could raise more than $1 billion as the Hong Kong stablecoin payments company works through regulatory approvals and legal disputes while preparing to enter the US market.　　Bloomberg reported on Aug. 14, citing people familiar with the matter, that RedotPay had pushed back its listing plans as the company seeks regulatory approvals and deals with legal disputes involving Binance.　　A spokesperson for RedotPay declined to comment on the timing of the IPO when contacted by crypto.news, but said the company had secured a US money transmitter license this week and was preparing to launch its products in the country.　　“Our strategy continues to focus on global regulatory compliance and business growth,” the spokesperson said. “This week, we obtained a money transmitter license in the US. We are preparing to launch our product in the US.”　　The spokesperson also said RedotPay reported record users, revenue, profit and margins in its Q2 2026 investor update, without providing figures for the period.　　RedotPay IPO plans have faced a delay　　RedotPays potential US listing first emerged in February, when the company was reported to be considering a New York IPO that could raise more than $1 billion and value

Yesterday 18:46Industry

Shytoshi Kusama's Litecoin Connection？ SHIB Veteran Gives Take

There is speculation about a possible connection between pseudonymous Shiba Inu lead ambassador Shytoshi Kusama and Litecoin founder Charlie Lee.　　An X user had asked if Charlie Lee was Shytoshi Kusama. This claim remains unestablished, with no verified evidence showing that Lee and Kusama are the same person. However, the question prompted a response from long-time SHIB community member and Shiba Eternity advisor Mazrael.　　“Could be he chatted with Litecoin that one time,” Mazrael answered. This does not confirm that Charlie Lee is Shytoshi Kusama but suggests that Kusama may have interacted with Litecoin at some point. The latter might be the case given Kusamas past interactions with Litecoin on X.　　In November 2024, Kusama made a post directed to Litecoin, which had jokingly referred to itself as a meme-themed coin, primarily a stick figure with the letter L as its head, attracting the attention of the Shiba Inu lead ambassador. Kusama responded that “he was not looking to get into beef with Litecoin.”　　Tracking Market News　　This simple fact might suggest no connection between Litecoin and Shytoshi Kusama. Charlie Lee, a former Google engineer, launched Litecoin in October 2011 as a source-code fork of Bitcoin.　　Shiba Inu mystery continues　　Kusama, a key figure in the Shiba

Yesterday 18:30Industry

Crypto payments barely register among euro area merchants, ECB finds

Crypto remains a marginal payment option among euro area businesses even as other forms of digital payments gain ground, according to a new European Central Bank (ECB) report.　　Just 0.2% of companies selling goods and services online accept crypto assets, the ECB said in its survey on companies cash use, published Thursday. Cash remains the most widely accepted payment method, with 92% of companies with physical points of sale accepting it.　　The ECB surveyed 8,205 businesses across the 21 euro area countries, covering retail, restaurants and cafes, hotels, and arts, entertainment and recreation. Market research firm Ipsos conducted the telephone interviews from Feb. 23 to April 10.　　The findings come as the ECB advances work on a digital euro, a central bank digital currency (CBDC) designed to complement cash and preserve the euros role.　　Mobile payments are catching up　　Mobile payments recorded the biggest shift among payment methods at physical locations, with acceptance jumping to 68% in 2026 from 36% in 2024.　　The most commonly accepted mobile options include instant payments and digital wallets, such as Apple Pay and Google Pay.Acceptance of various payment instruments, 2024 versus 2026. Source: ECB　　Cash edged up to 92% from 90%, while physical card acceptance rose to 88% from 87%. Crypto

Yesterday 18:24Industry

Challenge solve issues · Cloudflare challenges docs

Challenge loops　　You may encounter a challenge loop where the challenge keeps reappearing without being solved. This is in very specific cases where we detect strong bot signals. If you are a legitimate human, you can follow the troubleshooting guide below to resolve the issue or submit a feedback report. Challenge loops can happen for several reasons:Network issues: Poor or unstable network connections can prevent the challenge from being completed.Browser configuration: Some browser settings or extensions may block the scripts needed to execute the challenge.Unsupported browsers: Using a browser that is not supported by Turnstile.JavaScript disabled: Turnstile relies on JavaScript to function properly.Detection errors: If Turnstile suspects bot-like behavior, you may encounter repeated challenges for verification.　　Most challenges are quick to complete and typically take only a few seconds. If it takes longer, ensure your network is stable and follow the troubleshooting steps.　　Note　　If the issue persists, try switching to a different network or device to rule out any issues with your browser environment.　　Ensure your browser is updated to the latest version to maintain compatibility.　　401 response on a Private Access Token request　　When a Challenge Page loads, the browser may request a Private Access Token (PAT) from a /cdn-cgi/challenge-platform/.../pat/... endpoint. On devices, browsers, or

Yesterday 18:12Industry

Kalshi Ordered to Block Washington Bets Days After CFTC Backed It

In briefA Washington judge has ordered Kalshi to stop offering wagers on sports, elections, politics, entertainment, culture, tech and science, and “mentions” in the state.Kalshi must have an IP and residency geofence running by August 19, and a multi-source solution by September 2.The order lands two days after the CFTC used emergency powers to order the exchange to keep operating.　　A King County Superior Court judge has issued a final order requiring Kalshi to shut down most of its Washington business, after finding the exchange likely broke the states Gambling Act and Consumer Protection Act by running an illegal gambling operation, the state attorney generals office said on Thursday.　　The order bars Kalshi from offering, accepting or facilitating wagers on sports, elections, politics, entertainment, culture, tech and science, and on “mentions,” where users bet on whether a public figure will say particular words. It must have an IP address and residency-based geofence in place by August 19 and a multi-source geofencing system by September 2. The attorney generals office said the categories cover a substantial part of a business “increasingly driven” by sports.　　Attorney General Nick Brown said Kalshi had “gotten rich promoting wagers on sports, elections, natural disasters” and events tied to

Yesterday 17:50Industry

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