🔍 Market Summary

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China convicts BKEX staff for illegal gambling via crypto contracts

China convicts BKEX staff for illegal gambling via crypto contracts

A Chinese court ruled that cryptocurrency exchange BKEX engaged in illegal gambling through its contract trading platform and sentenced several employees and agents to prison for their roles in the operation. The People’s Court of Pingjiang County, Hunan Province, on Jan. 29 determined that BKEX’s c…

XRP Comeback Imminent? Crucial Signal, Ethereum (ETH) Price Hanging on for Dear Life, Stellar (XLM) in Comeback Mode

XRP Comeback Imminent? Crucial Signal, Ethereum (ETH) Price Hanging on for Dear Life, Stellar (XLM) in Comeback Mode

Though XRP has seen increased activity, as U.Today previously mentioned regarding XRP's 800 million transaction surge, the momentum has not yet translated into a convincing price breakout, so the question of whether a recovery will actually occur remains. XRP's price movement has been bouncing aroun…

Ethereum Price Battle Persists: Can Bulls Turn It Around?

Ethereum Price Battle Persists: Can Bulls Turn It Around?

Ethereum price struggled to continue higher above $3,220 and dipped. ETH is now consolidating losses and might face resistance near the $3,200 zone.Ethereum started a fresh decline below the $3,150 zone.The price is trading below $3,200 and the 100-hourly Simple Moving Average.There is a key bearish…

Ethereum Price Struggles Ahead: Key Hurdles Blocking Its Path?

Ethereum Price Struggles Ahead: Key Hurdles Blocking Its Path?

Ethereum price struggled to continue higher above $3,350 and dipped. ETH is now correcting losses and might face resistance near the $3,220 zone.Ethereum started a fresh decline below the $3,220 resistance zone.The price is trading below $3,200 and the 100-hourly Simple Moving Average.There is a key…

Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge

Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge

Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Ethereum Price Forms Flag And Pole PatternIn a , Kar…

Ripple's CEO Brad Garlinghouse Bats for Diversified U.S. Crypto Reserve

Ripple's CEO Brad Garlinghouse Bats for Diversified U.S. Crypto Reserve

Brad Garlinghouse, CEO of crypto company Ripple Labs, supports the idea of a U.S. digital asset reserve encompassing multiple tokens and not just bitcoin or XRP."I own XRP, BTC, and ETH, among a handful of others – we live in a multichain world, and I’ve advocated for a level-playing field instead …

Ethereum Foundation Sells Another 100 ETH, But There’s Still ‘Hopium’ For Holders

Ethereum Foundation Sells Another 100 ETH, But There’s Still ‘Hopium’ For Holders

The Ethereum Foundation (EF) recently sold another 100 Ethereum (ETH) for 307,893 DAI, a stablecoin pegged to the US dollar. This marks the third time in 2025 that the EF has sold ETH, raising concerns among ETH holders about the cryptocurrency’s relatively lackluster price performance.EF Continues …

Bitcoin, CoinDesk 20 Roared in the Year of the Dragon. What Is in Store in the Year of the Snake?

Bitcoin, CoinDesk 20 Roared in the Year of the Dragon. What Is in Store in the Year of the Snake?

As East Asia prepares to shut down for the Lunar New Year holiday and looks towards the Year of the Snake, it’s time to look back at bitcoin and the CoinDesk 20 (CD20)’s performance during the Year of the Dragon.Hong Kong-based brokerage CLSA has an annual tradition of forecasting the market’s perf…

Crypto Exchange OKX Gains MiCA License as Bitcoin Dips Below $100K

Crypto Exchange OKX Gains MiCA License as Bitcoin Dips Below $100K

OKX finally received the Markets in Crypto-Assets Regulation (MiCA) license. The milestone allows the crypto exchange to offer regulated crypto services through localized offerings targeting more than 400 digital asset users in Europe.Currently, OKX ranks as the fourth with a trading volume of $4.9 …

Bullish Signal? Ethereum Sees Highest Surge in Network Growth Since October 2022

Bullish Signal? Ethereum Sees Highest Surge in Network Growth Since October 2022

Despite the negative sentiment surrounding Ethereum in recent months, the crypto network has just recorded significant growth, the kind that has not been seen in more than two years.According to an analysis by the market intelligence platform Santiment, between January 24 and 25, Ethereum witnessed …

What's Next for XRP? Ripple CEO to Reveal at Key Event

What's Next for XRP? Ripple CEO to Reveal at Key Event

The XRP community is buzzing with anticipation as Ripple CEO Brad Garlinghouse is set to reveal major insights at the upcoming XRP Community Day. Scheduled to be hosted on X Spaces Jan. 28, the XRP Community Day is intended to promote engagement and interaction within the XRP community.In a tweet fr…

BexBack Revolutionizes Crypto Trading: 100% Deposit Bonus, $50 Welcome Bonus, 100x Leverage and No KYC

BexBack Revolutionizes Crypto Trading: 100% Deposit Bonus, $50 Welcome Bonus, 100x Leverage and No KYC

SINGAPORE, Jan. 25, 2025 (GLOBE NEWSWIRE) — With Bitcoin prices stabilizing around $100,000, analysts predict a high-volatility phase in the market. To help traders seize this opportunity, BexBack Exchange introduces an exceptional promotional package: a 100% deposit bonus, a $50 welcome bonus for…