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Source: Blockonomi News Agency
4 days ago
Cryptocurrency Medium Importance AI Analyzed

Trueo Prediction Market Transitions From Base to Ethereum Mainnet

The prediction-market protocol Trueo is gearing up for a strategic relocation from Base, Coinbase's Layer 2 solution, to Ethereum's primary network as it pursues enhanced liquidity pools and expanded integration possibilities. According to the development team, Base served as an ideal launching platform for 2025, but Ethereum aligns more closely with the protocol's extended roadmap.

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Source: Blockonomi
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Source: Invezz News Agency
4 days ago
Cryptocurrency Medium Importance

XRP just broke $1.50 but is the rally strong enough to reach $2.10 next?

XRP gained more than 7% over 24 hours as a weekend rally lifted cryptocurrencies and forced traders with bearish positions out of the market. The token outpaced several other major crypto assets, drawing attention to both the scale of the short squeeze and recent developments across Ripple's payments ecosystem. Trading volume rose 155% to $7.4 billion during the same period, according to the figures cited in the original analysis. That is equivalent to roughly 7% of XRP's circulating market capitalization. Higher turnover shows that participation increased as the price climbed, although volume alone cannot establish how much of the activity came from new buyers rather than traders closing positions.

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Source: Invezz
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Source: CNBC International TV News Agency
4 days ago
General Medium Importance

On Holding signs Kylian Mbappé in a 10-year partnership

Real Madrid and France striker Kylian Mbappé has ended his 20-year partnership with Nike to become the face of Swiss sportswear brand On's push into football. The company announced that it will work with Mbappé to design footwear and apparel, as well as announcing that retired Arsenal striker Thierry Henry has joined as its 'Director of Football'.

Source: CNBC International TV
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Source: Bloomberg Markets and Finance News Agency
4 days ago
General Medium Importance

Novo Still Has Work to Do to Build Investor Confidence, CEO Says

Novo CEO Mike Doustdar discusses investor confidence, drug testing and the potential for expanding the firm's obesity offerings. "We should also have a mindset that we don't have a patent or a monopoly on all the good ideas," Doustdar tells Bloomberg Television.

Source: Bloomberg Markets and Finance
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Source: Invezz News Agency
4 days ago
Cryptocurrency Medium Importance AI Analyzed

Ethereum buyers defended the dip but one bearish signal is building under rally

Ethereum (ETH) rose above $2,700 on Tuesday, extending a recovery that began when buyers returned near a key on-chain price level. The rebound followed a difficult stretch for the cryptocurrency: ETH had slipped below $2,400 last week after the Clarity Act failed to advance in the US Senate, while a Federal Reserve rate hike added to uncertainty across risk assets. The move back above $2,700 suggests investors were willing to buy the decline. Yet the data behind the rally presents a less uniform picture. Spot Ether ETF inflows have improved, but deposits to exchanges have also increased, and activity in perpetual futures turned less bullish on Monday.

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Source: Invezz
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Source: Blockonomi News Agency
4 days ago
Cryptocurrency Medium Importance

Arthur Hayes Predicts AI Collapse May Trigger Bitcoin (BTC) Rally via Liquidity Surge

Arthur Hayes, who previously served as CEO of BitMEX, contends that a collapse in artificial intelligence spending might paradoxically create favorable conditions for Bitcoin. His reasoning suggests that diminished demand for AI computational resources could destabilize heavily leveraged data center operations and private lending markets, ultimately forcing interventions that expand dollar liquidity.

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Source: Blockonomi
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Source: Cointribune News Agency
4 days ago
Cryptocurrency Medium Importance

BitMine Holds 5.98M ETH And Moves Closer To 5 % Of Supply

BitMine has just acquired 27562 additional Ethers for nearly 75.2 million dollars, bringing its treasury to about 6 million ETH. Thus, the company is approaching its goal of owning 5% of the total supply of the world's second largest crypto.

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Source: Cointribune
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Source: Blockonomi News Agency
4 days ago
Cryptocurrency Medium Importance

Ethereum (ETH) Surges Past $2,700 as BitMine Accumulates 27,562 More Coins

Ethereum posted impressive gains of 4.80% during the past 24 hours, advancing to $2,752.53. This upward movement brings the second-largest cryptocurrency within striking distance of the $2,800 resistance level and has reignited speculation about a potential advance toward the $3,000 threshold.

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Source: Blockonomi
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