Author: admin

Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the weekend, the King of Altcoins reclaimed the $3,400 resistance and soared approximately 7% to the…

Victoria, Seychelles, November 11, 2025 – MEXC, a leading global cryptocurrency exchange, announced the listing of Allora (ALLO) in its Innovation Zone. Trading for the ALLO/USDT pair begins November 11, 2025, at 13:00 (UTC), followed by the ALLO/USDC pair at 13:20 (UTC). To celebrate the listing, MEXC is offering limited-time zero trading fees and hosting an Airdrop+ event with $60,000 in ALLO and 25,000 USDT in rewards.Allora is a self-improving decentralized AI network that enables applications to leverage smarter and more secure AI through a network of machine learning models. ALLO serves as the native token of the Allora Network,…

According to Bloomberg Intelligence’s Mike McGlone, Bitcoin has entered a “do-or-die” phase as traders watch a narrow price band for signs of direction. From an Oct. 6 level of $123,500, the coin tumbled almost 20% to a low of $99,900 on Nov. 4 before recovering to about $106,350. Reports show the move left Bitcoin roughly 14% below its earlier October peak. Related Reading Make Or Break Zone For Bitcoin Based on trend lines and monthly charts, McGlone points to a rollover pattern after the months-long climb that culminated in an Oct. 6 high marked on some charts at $126,270. The…

Victoria, Seychelles, November 10, 2025 – MEXC, a leading global cryptocurrency exchange, has launched its Limit Convert feature. Users can now execute asset conversions at preset prices, with the system automatically completing the conversion when conditions match the set price. This new feature helps users achieve more precise price control and improves capital efficiency.The new feature provides users with the following advantages:Precise price control: Users can set their preferred buy or sell price, and the system will automatically execute the conversion when the market reaches that level.Reduced emotional trading: Automated execution helps traders avoid impulsive decisions driven by short-term market…

FEDGPU, a global provider of intelligent cloud computing and Web3 infrastructure, announced the launch of a new AI cloud computing architecture for the digital finance and blockchain industries. This architecture aims to create a high-performance, transparent, and secure fintech ecosystem by combining artificial intelligence computing power with decentralized technology. The platform provides investors, institutions, and developers with verifiable, compliant, and low-barrier-to-entry cloud computing power services, accelerating the intelligent upgrade of the digital economy.AI-Driven New Computing Power Engine, Empowering Digital Financial InnovationThe FEDGPU cloud computing platform employs an advanced AI algorithm scheduling engine that can analyze task type, network load, and…

In brief Zcash surged 33% on Friday to a recent high of nearly $735, triggering $51 million in short liquidations and ranking third in crypto liquidations behind Bitcoin and Ethereum. The token’s price has jumped tenfold in five weeks amid growing privacy concerns about Bitcoin’s centralization and corporate influence. Thursday’s harsh sentence for a Bitcoin privacy app developer may have further fueled Zcash’s rally. Privacy-focused Bitcoin alternative Zcash went on a tear Friday, surging some 33% in a matter of hours and triggering over $51 million in short position liquidations.The token surged to nearly $735 Friday afternoon, up from $536…

In brief Bitcoin miner American Bitcoin, backed by President Trump’s sons, has bought more digital coins for its treasury. The firm is now the 25th largest Bitcoin treasury. American Bitcoin debuted on the Nasdaq in September and aims to be “the world’s largest and most efficient Bitcoin miner.” American Bitcoin (ABTC), the Nasdaq traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has brought its holdings to 4,004 BTC now worth about $415 million, the company announced on Friday. The firm said that between October 24 and November 5, ABTC had snapped up 139 Bitcoins now…

After 18 tense days in a Manhattan federal courtroom, the high-profile U.S. v. Peraire-Bueno trial has ended in a mistrial.Judge Jessica G.L. Clarke declared the outcome late Friday, citing a deadlocked jury unable to reach a unanimous verdict on charges of wire fraud and money laundering. Challenges seen in the case are to some extent similar to what happened between the Department of Justice and Tornado Cash. Sponsored Sponsored$25 Million Trial Tests Whether Code Can Be a CrimeThe case centered on two MIT-educated brothers, Benjamin and Noah Peraire-Bueno, accused of orchestrating an exploit on Ethereum’s Maximal Extractable Value (MEV) system.Ethereum…

U.S. Federal Reserve Governor Stephan Miran, the newest member of the board of governors after his recent confirmation, pointed a spotlight on stablecoins and the potential that their explosive growth — especially by foreign users — will have heavy consequences for monetary policy.”Stablecoins may become a multitrillion dollar elephant in the room for central bankers,” Miran said in a Friday speech in New York. He said that Fed staff projects “uptake reaching between $1 trillion and $3 trillion by the end of the decade.””In total, under $7 trillion in Treasury bills are outstanding today,” he said. “If these forecasts prove…

XRP climbed 3.6% to $2.31 in Saturday trading, breaking above key resistance at $2.28 as ETF momentum and network growth drove renewed institutional interest. Volume surged 86% above the 24-hour average during the breakout, lifting the token to its strongest close in over a week while outperforming Bitcoin and Ethereum amid subdued broader market activity.News BackgroundCanary Capital Group filed an amended prospectus for its proposed Canary XRP ETF, moving the fund closer to potential SEC approval under Section 8(a).The ETF would trade on Nasdaq under ticker XRPC and hold XRP in custody with Gemini Trust Company and BitGo Trust Company,…