Author: Digicoinvision

Bybit reignites India’s crypto momentum with full service relaunch, regulatory approval, and sweeping initiatives aimed at driving adoption, innovation, and growth across the nation’s digital asset market. Bybit Relaunches Full Services in India After Regulatory Milestone Crypto exchange Bybit announced on Sept. 8 that Indian users can once again fully access its mobile application through […]

Join Our Telegram channel to stay up to date on breaking news coverage The Hyperliquid price has climbed 24% in a week to trade at $55.27 as of 4:05 a.m. EST on a 7% decrease in trading volume in the last 24 hours to $392 million. That coincides with news that Ethena Labs is joining the race to secure a major position in Hyperliquid’s $5 billion USDH stablecoin ecosystem with a bid that involves asset management giant BlackRock. 🚨 LATEST: Ethena becomes the 6th contender for Hyperliquid’s USDH stablecoin bid, pledging to return 95% of reserve revenue to the community,…

Ethereum price started a fresh increase from the $4,240 zone. ETH is now consolidating and might aim for more gains if it clears $4,400. Ethereum is now eyeing an upside break above the $4,400 zone. The price is trading above $4,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,330 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,380 and $4,400. Ethereum Price Eyes Upside Break Ethereum price started a recovery wave after it formed a…

So first some background. We’ve already covered a little about what to expect from Frontier in the Ethereum Launch Process blog post and Gav has given us a comprehensive overview of the state of the development effort. You can also read about some of the ongoing security work, including the bug bounty system. The bug bounty program has found my favorite bug so far: Jonas Nick’s discovery that you could send a negative payment to somebody which moves value from their account to yours! As bug bounty finds go, an absolute gem. Well done! Gav has a new blog post describing a little…

Key takeaways:XRP exchange reserves surged by 1.2 billion tokens in a single day, led by Binance’s 610 million inflow.Futures demand rose with CME open interest up 74%, but XRP underperformed peers despite the ETF optimism.XRP (XRP) witnessed one of its most dramatic shifts in exchange reserves this month. On Sept. 1, Binance, Bithumb, Bybit and OKX exchange simultaneously reported a surge in their XRP holdings, totaling over 1.2 billion tokens in a single day.XRP reserves amount on multiple exchanges. Source: CryptoQuantData from CryptoQuant indicated that Binance led the charge, expanding its XRP reserve to 3.538 billion from 2.928 billion, a…

Key points:Bitcoin rallied above $114,000 on Wednesday as markets cheered the softer-than-expected inflation figures.Several major altcoins have broken above their overhead resistance levels, signaling the resumption of the up move. Bitcoin (BTC) rallied above $114,000 after the August Producer Price Index (PPI) came in below consensus estimates. The softer-than-expected inflation figures and the historic jobs data revision earlier in the week boosted expectations of a rate cut.The CME FedWatch tool shows a 90% probability of a rate cut in the Federal Reserve’s Sept. 17 meeting, which could be bullish for BTC. Analytics platform Tephra Digital said in a post on X…

Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week.It followed a similar uptick in downloads in Indonesia last week after corruption-related protests erupted, according to Bitcoin open-source developer “callebtc,” who is working on bitchat.“Last week, we observed a sudden spike in bitchat downloads from Indonesia during nationwide protests. Today we’re seeing an even bigger spike from Nepal during youth protests over government corruption and a social media ban,” callebtc posted to X on Wednesday.According to charts shared by callebtc,…

BitMine Immersion has reportedly accumulated a staggering 319,000 ETH in just a single week. The massive purchase, worth over a billion dollars, underscores growing conviction in Ethereum’s long-term value among institutions and big players, tightening market liquidity. Could This Trigger An Ethereum Supply Crunch? In a move that highlights the growing institutional confidence in Ethereum, Paul Barron has mentioned on X that BitMine Immersion has just absorbed 319,000 ETH in a single week, which is equivalent to 0.26% of Ethereum’s total supply removed from circulation. Related Reading Barron extrapolates this acquisition velocity, calculating that at the same rate, BitMine could…

Key Takeaways Kaito crypto hit $1.56 before retreating. Meanwhile, PlayAI’s $2 million raise boosted Launchpad pledges to $170 million. But a collapse to $1.09 is still on the table! Kaito [KAITO] crypto token broke out of a multi-month descending channel, hitting a two-month high of $1.56 before retracing. At press time, KAITO traded at $1.33, down 7.14% in 24 hours. Despite the pullback, the token was still up 26.28% over the past week. AMBCrypto has been curious to know what triggered this!  Kaito Capital Launchpad drives momentum Seven weeks after its launch, Kaito Capital Launchpad showed rapid growth. According to…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In a wide-ranging CoinDesk interview released yesterday, Cardano founder Charles Hoskinson sharpened a years-long critique of Ethereum’s long-term viability, arguing that the network’s reliance on rollups and external scaling layers has created economic incentives that will ultimately hollow out the base chain. While acknowledging Ethereum’s technical…