Tag: space computing

XRP weekly inflows exceed $100 million, with seven spot ETFs awaiting SEC ruling. Analysts believe that if key support levels hold and ETFs are approved, it could drive the price to break through the $1.50 resistance level.

SUI and USDC have landed on the RedotPay payment platform, allowing users to directly spend at global merchants through its crypto card. This move combines the efficiency of SUI with the stability of USDC, promoting the practical application of cryptocurrency in daily payments.

Based on long-term cycle structure, an analyst predicts Bitcoin will rise to $200,000 and points out that the current range of $60,000 to $70,000 is an ideal buying opportunity.

Analysts warn that Bitcoin could fall below $60,000, pointing out that the recent rebound was a false breakout with declining volume, indicating the market remains in a bear phase with supply dominating demand.

Ripple is betting on asset tokenization, with the XRP Ledger recently attracting multiple institutions to deploy over $300 million in tokenized U.S. Treasury products, showing rapid growth. If XRPL can capture a share of the trillion-dollar tokenization market, it could have a profound impact on the price of XRP.

Ethereum staking rate hits a new high, but still faces downside risk against Bitcoin.

Ethereum's staking rate has surpassed 32%, reaching a new all-time high, with approximately 38% of the ETH supply now out of circulation. Meanwhile, exchange whales are continuously building short positions, indicating a divergence in market sentiment.

DeFi developers need legal protection, and the Ethereum L2 strategy has design flaws.

Kelp DAO loses nearly $300 million in attack, highlighting DeFi security risks.

The Aave team has recovered $70 million worth of ETH to mitigate protocol risks.

Bitcoin breaks through $79,000 to hit an 11-week high, with market short squeeze momentum building.

Meme coin WOJAK surged 87% in 24 hours, with its market cap approaching the $50 million milestone. The rally is driven by whale accumulation and has boosted sector sentiment. Analysts note that a breakthrough above this level could target $100 million, but the risk of chasing the rally has increased.