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Latest financial and economic news and analysis

UToday News Agency
Yesterday•UToday
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Brutal Shiba Inu (SHIB) Entry Denial: Price Enters Bearish Reversal Mode

Brutal Shiba Inu (SHIB) Entry Denial: Price Enters Bearish Reversal Mode

After immediately encountering a significant technical obstacle, Shiba Inu's most recent attempt at recovery seems to have lost steam. With sellers swiftly regaining control and forcing the token back into a short-term bearish structure, SHIB has failed to establish itself above the psychologically significant resistance near $0.00000500 after last week's explosive breakout.

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Source: UToday
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Crypto Briefing News Agency
Yesterday•Crypto Briefing
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Solana apps post highest daily revenue in six months at $4.44M

Solana apps post highest daily revenue in six months at $4.44M

Solana's app revenue surge underscores its robust ecosystem, highlighting its competitive edge and potential for sustained blockchain leadership. Solana apps post highest daily revenue in six months at $4.44M.

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Source: Crypto Briefing
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Coindesk News Agency
Yesterday•Coindesk
Cryptocurrency Medium Importance Neutral
Bitcoin's low volatility doesn't necessarily mean low risk

Bitcoin's low volatility doesn't necessarily mean low risk

A key theme this month is not just that bitcoin BTC$64,558.75 isn't taking part in the risk-on rally exemplified by stocks, it's how steady the cryptocurrency has been, to the point that 30-day implied volatility has dropped to a long-held floor of 36%.

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Source: Coindesk
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Coingape News Agency
Yesterday•Coingape
Cryptocurrency Medium Importance Neutral

Upbit Launches CAP Listing Across KRW, BTC, and USDT Trading Pairs

South Korea's largest cryptocurrency exchange, Upbit, has listed Cap (CAP) across its KRW, BTC, and USDT markets, while rival exchange Bithumb announced support for Unibase (UB) in its KRW market. Ad Ad Upbit Opens Trading for CAP Across Three Markets Upbit announced that CAP trading is now available in its KRW, BTC, and USDT markets.

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Source: Coingape
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CoinPedia News Agency
Yesterday•CoinPedia
Cryptocurrency Medium Importance Neutral
Why Is Pi Network Price Rising Today?

Why Is Pi Network Price Rising Today?

Pi Network's native PI token has jumped nearly 10%, outperforming the broader crypto market. While most major cryptocurrencies saw only small gains, PI climbed to $0.09355, pushing its market capitalization above $1.03 billion. At the same time, trading volume surged 132.76% to $17.56 million, showing strong buying activity and renewed investor interest.

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Source: CoinPedia
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Crypto news News Agency
Yesterday•Crypto news
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Bitcoin price targets $68K as bulls test $65K

Bitcoin price targets $68K as bulls test $65K

Bitcoin price approached $65,000 on Aug. 6 as easing concerns over the Strait of Hormuz and improving technical momentum supported its recovery from the low-$62,000 region. Bitcoin price action today According to data from crypto.

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BTCUSD Bitcoin USD
Source: Crypto news
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Crypto Briefing News Agency
Yesterday•Crypto Briefing
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Binance proof of reserves shows Bitcoin and Ethereum fully backed at 100.25%

Binance proof of reserves shows Bitcoin and Ethereum fully backed at 100.25%

Binance's robust reserves enhance trust in crypto exchanges, potentially stabilizing the market and encouraging broader adoption. Binance proof of reserves shows Bitcoin and Ethereum fully backed at 100.25%.

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Source: Crypto Briefing
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Crypto Briefing News Agency
Yesterday•Crypto Briefing
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Bitcoin whale holdings surpass 3M BTC amid price pressure, signaling potential late-stage bear market

Bitcoin whale holdings surpass 3M BTC amid price pressure, signaling potential late-stage bear market

Whale accumulation amid price pressure suggests a potential market bottom, indicating strategic positioning for a future bull cycle. Bitcoin whale holdings surpass 3M BTC amid price pressure, signaling potential late-stage bear market.

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Source: Crypto Briefing
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Crypto Briefing News Agency
Yesterday•Crypto Briefing
Cryptocurrency Medium Importance Neutral
Strategy's STRC stock nears $100 par as Bitcoin sales stabilize market

Strategy's STRC stock nears $100 par as Bitcoin sales stabilize market

Strategy's Bitcoin sales strategy enhances investor confidence, stabilizing STRC stock and potentially influencing future financial maneuvers. Strategy's STRC stock nears $100 par as Bitcoin sales stabilize market.

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Source: Crypto Briefing
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Crypto Briefing News Agency
Yesterday•Crypto Briefing
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Step App shuts down operations after four years, services end August 21

Step App shuts down operations after four years, services end August 21

The shutdown highlights the volatility and risks in digital fitness platforms, leaving users and token holders with uncertain financial outcomes. Step App shuts down operations after four years, services end August 21.

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Source: Crypto Briefing
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