Author: Kryptonews

Ether (ETH) is trading above $2,540, showing strong resilience in the face of market turbulence fueled by heightened geopolitical risk. After briefly dipping to $2,491.72, ETH recovered swiftly, closing higher on above-average volume and validating key support near $2,500, according to CoinDesk Research’s technical analysis model. Technical indicators suggest renewed momentum, supported by a double-bottom formation and heavy intraday buying near $2,530. ETH open interest stood at $35.36 billion as of 6:05 p.m. UTC on June 16, per CoinGlass data, indicating active institutional positioning.However, U.S.-listed spot Ethereum ETFs saw $2.1 million in net outflows on Friday, ending a record-setting 19-day…

Key Takeaways Polyhedra Network’s ZKJ token crashed over 80% after large liquidity withdrawals. The sell-off coincided with a token unlock releasing 15.53 million ZKJ tokens. Share this article The price of ZKJ, Polyhedra Network’s native token, collapsed by more than 80% this morning after suspected coordinated liquidity removals by large holders.ZKJ saw heavy volatility on June 15, tumbling from $1.9 to $0.2 before rebounding, CoinMarketCap data shows. However, the token resumed its decline shortly afterwards, falling below $0.3 at the time of reporting.The token previously peaked at $4 in March 2024.The KOGE token, known as the 48 Club token, associated…

TL;DR Berlin is ready to be deployed!We’re moving fast: the first testnet to upgrade, Ropsten, is scheduled to upgrade on March 10th. Mainnet is scheduled for April 15th.If you are running an Ethereum node, you should upgrade it to a Berlin-compatible version ASAP for testnets and before April 7th for mainnet.See below for the list of Berlin-compatible client versions and details on the EIPs included in the upgrade.The Besu client has reported a bug in their previous Berlin release. Besu users should upgrade to version 21.1.2. Berlin Timing After months and months of planning, Berlin is finally here! The upgrade,…

Navigating the complexities of today’s financial landscape requires a keen understanding of both the market dynamics and the investment strategies that can capitalize on them. A siloed approach, where one is considered in isolation, will invariably lead to suboptimal outcomes. Success stems from a cohesive strategy that synchronizes market awareness with informed investment decisions.## Understanding the Interplay of Market ForcesThe market is a multifaceted entity, driven by a myriad of forces that frequently interact in unpredictable ways. These forces include macroeconomic trends, such as interest rate fluctuations and inflation, geopolitical events, technological advancements that disrupt established industries, and shifts in…

A new low-priced crypto has recently joined the crypto market, challenging mainstays like Shiba Inu (SHIB) for the $1 goal. Mutuum Finance (MUTM), still priced at $0.03, is catching serious traction with early investors betting big on its DeFi utility and sky-high upside potential. The project has gained more than 12,000 investors who have contributed $10.6 million during the ongoing presale. While veteran meme coin Shiba Inu (SHIB) continues to trade around $0.000013, its path to $1 has long been seen as more symbolic than probable. In contrast, Mutuum Finance’s low supply mechanics and viral momentum give it a realistic…

Bitcoin’s (BTC) mining difficulty fell slightly on Saturday after hitting an all-time high of 126.9 trillion on May 31 at the start of the previous difficulty adjustment period.The Bitcoin mining difficulty level currently stands at roughly 126.4 trillion, according to data from CryptoQuant.Higher mining difficulty and network hashrate, which is a separate but related measure of the total computing power securing the Bitcoin protocol, both translate into increased miner competition and higher production costs.Miners continue to face financial pressures from the reduced block reward following the April 2024 halving, rising operational costs, and increased mining difficulty, which have changed the…

Bitcoin experienced a notable downturn following the latest Federal Reserve meeting, leaving investors wondering about the cryptocurrency’s near-term trajectory. After a period of relative stability and even modest gains, Bitcoin (BTC) faced renewed selling pressure, mirroring a broader risk-off sentiment that reverberated through financial markets.H2 Why Did Bitcoin React Negatively?The Fed’s meeting revealed a continued commitment to battling inflation, signaling that interest rates are likely to remain higher for longer than previously anticipated. This Hawkish stance has several implications for Bitcoin. Firstly, higher interest rates increase the attractiveness of traditional, yield-bearing assets like bonds, diverting capital away from riskier investments…

Key points:A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000.HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000.Bitcoin (BTC) is forming a Doji candlestick pattern on the weekly chart, indicating indecision between buyers and sellers. Despite the near-term uncertainty, analysts remain bullish on Bitcoin’s prospects in 2025, expecting a rally from $140,000 to $270,000.Another positive sign is that the geopolitical turmoil caused by the conflict between Israel and Iran did not create panic among investors. According to Farside Investors’ data, US-based spot Bitcoin exchange-traded funds witnessed $86.3…

In a crypto space surrounded with short-term hype and speculative detours, only a select group of projects have earned reputations for delivering consistent value across cycles. Cronos, with its deep exchange integration, and Aptos, with its high-speed Layer-1 ambitions, have both proven resilient in the face of volatility. Each has cultivated a distinct space—Cronos as a gateway into DeFi through a centralized exchange ecosystem, and Aptos as a high-performance smart contract platform targeting mainstream scalability. These projects are no strangers to crypto conversations. They’ve steadily built trust among backers who prioritise infrastructure and interoperability over fleeting trends. But there’s another…

XRP declined by 2.6% this week, even as optimism over a potential settlement between Ripple and the SEC grows. Currently trading near $2.17 with a 24‑hour volume of $1.77 billion, XRP is up 0.35% today.Despite hopes for a resolution that might slash penalties and lift regulatory pressure, broader market weakness and profit-taking have kept traders cautious.Settlement Talks: Promise Meets PushbackA proposed deal would reduce Ripple’s penalty from $125 million to $50 million while dissolving the injunction. That spurred early excitement. However, Judge Analisa Torres raised doubts, asking both parties to justify why her earlier ruling should be overturned. NEW: The…