Abu Dhabi-based Universal Digital has launched USDU, the first US dollar‑backed stablecoin to be registered by the Central Bank of the United Arab Emirates (CBUAE) as a Foreign Payment Token under the Payment Token Services Regulation (PTSR), the company said. According to a release shared with Cointelegraph, the registration makes Universal the UAE’s first Foreign …
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Ether held on crypto exchanges has declined over the last six months as the price of Ether has held steady, while holders are continuing to participate in staking, according to Santiment. In an X post on Tuesday, Santiment shared data from Sanbase showing that after July saw the highest amount of Ether (ETH) on exchanges …
Continue reading “Exchange supply of ETH shrinks amid sideways price, more staking”
The co-founder and board of crypto infrastructure platform Cere Network have been hit with a $100 million lawsuit claiming they undertook a pump-and-dump scheme that stole millions of dollars from investors. In a lawsuit filed in a San Francisco federal court on Tuesday, Vivian Liu, who said she worked for and invested in the company, …
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The number of XRP wallets holding more than 1 million tokens has been gradually increasing since the start of the year and could bode well for the asset’s long-term prospects, according to crypto analytics platform Santiment. “XRP’s price is down a modest -4% since the start of 2026, but its amount of ‘millionaire’ wallets are …
Continue reading “XRP millionaire wallets are ramping up in ‘encouraging sign’: Santiment”
Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day. Gold breached $5,500 per troy ounce, bringing it to a new all-time high, while its total market cap rose to $38.77 trillion, with the single-day increase nearly matching Bitcoin’s (BTC) …
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Tokenized stocks could help prevent the trading freezes that commonly occur on traditional exchanges, such as the meme stock halt on GameStop years ago that locked out traders, says Robinhood CEO Vlad Tenev. Tenev said in an X post on Wednesday that the GameStop trading freeze in 2021 was “one of the strangest and most …
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Ethereum layer 2 MegaETH has penciled its mainnet launch for Feb. 9 after a rigorous “global stress test” last week to ensure the high‑speed chain is ready for public use. “Get ready for the fastest* EVM chain ever,” MegaETH co-founder and chief technology officer Lei Yang posted to X on Wednesday after the chain was …
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Key takeaways: HYPE surged 60% to $34.90, fueled by institutional investor accumulation from Hyperliquid Strategies and reduced selling after staking unlocks. Bearish liquidations exceeding $20 million and ARK Invest’s bullish report fueled speculation despite flat perpetual volumes. Hyperliquid (HYPE) surged to $34.90 on Wednesday, climbing from $21.80 just two days prior. The 60% rally triggered …
Continue reading “HYPE rallies as Hyperliquid DEX growth grabs traders’ attention: Will it last?”
The use of large language models in scams increased fivefold in 2025, according to TRM Labs, as fraudsters leveraged the technology to boost outreach, make scams more convincing and launch them at scale. It comes as $35 billion in cryptocurrency was sent to scammer addresses in 2025, a slight decrease from $38 billion in the …
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Bitcoin price started a recovery wave above $89,500 but failed above $90,000. BTC is declining and might dip further if it breaks $88,000. Bitcoin failed to remain above $90,000 and started another decline. The price is trading above $88,200 and the 100 hourly simple moving average. There is a rising channel forming with support at …
Continue reading “Bitcoin Price Backs Off Resistance — Breakdown Or Brief Pause?”
Ethereum is attempting to reclaim the $3,000 level as the broader crypto market remains trapped in a phase of uncertainty and uneven conviction. Price action suggests buyers are willing to defend key support zones, yet momentum remains fragile, with rallies struggling to extend meaningfully. This hesitation is occurring against a backdrop of elevated leverage and …
Continue reading “Ethereum Leverage Remains At Record High: What Happens Next?”
Reports note that retail investors have been hopping from one market to another this month, following whatever asset is moving the most. Social chatter about gold and silver has outpaced crypto on many days, based on Santiment’s social data. That doesn’t mean crypto is dead. Far from it. But right now the spotlight has been on …
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A fresh debate in the XRP Ledger (XRPL) community is converging on a specific “golden ticket” thesis: XRP’s breakout utility case won’t come from narratives, but from plumbing: Ripple’s regulated payments stack sourcing liquidity directly from the on-chain XRPL DEX, and Ripple Prime settling institutional flow on-ledger. The XRP Golden Ticket Theory The idea surfaced …
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
Continue reading “Bitcoin Supply In Loss Turns Upward—Early Bear Market Signal?”
High Bitcoin options volumes indicate there is still significant interest and capital present in crypto derivatives markets, according to derivatives exchange Deribit, but risk is now being carefully managed, which could explain Bitcoin’s recent price movements. Bitcoin trading near $90,000 right now “looks a lot clearer when you view it through positioning rather than just …
Continue reading “Bitcoin Rangebound As Traders Manage Risk Via Options”
