Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. He further…
Category: CryptoX News
Monero Community Suggests Updating Consensus to Thwart 51% Attacks
The Monero community is exploring a potential overhaul of its proof-of-work (PoW) consensus mechanism to make the network resistant to 51% attacks. Community members suggested several proposals, including localizing mining hardware, switching to a merge mining algorithm, allowing XMR to be mined alongside Bitcoin (BTC) or other major cryptocurrencies, and adopting Dash’s ChainLocks solution. Dash’s ChainLocks uses “randomly selected masternodes” to reach a quorum on the first valid block broadcast by the network, locking the blockchain ledger into place and appending the chain only with blocks verified through the ChainLock…
UK Banks Tighten Grip on Crypto Payments as Investors Struggle to Fund Accounts
A growing share of the United Kingdom’s cryptocurrency investors are struggling to fund their accounts, highlighting the regulatory and banking hurdles facing the digital asset sector. An IG Group survey of 500 UK crypto investors and a broader sample of 2,000 adults found that 40% of users said their bank had either blocked or delayed payments to a crypto provider. Among those affected, 29% lodged complaints with their banks, while 35% said they switched lenders in response. When the broader sample was asked about banks intervening in crypto transactions, 42%…
XLM Suffers 3% Decline as Intensified Selling Pressure Grips Markets
XLM slipped into a pronounced bearish trajectory over the past 24 hours, trading between $0.39 and $0.40 and breaking below key support levels. The token’s volatility intensified during the final trading hours of Aug. 20, when prices fell from $0.40 to $0.39, marking a decisive breach of support that had previously provided buying momentum. The move signals continued pressure on the asset despite its attempts to consolidate around the $0.40 threshold. Trading data revealed heightened distribution activity, with turnover hitting 45.04 million during the 13:00 session—well above the 24-hour average.…
Green RWAs Are Set To Recast Climate Assets
Opinion by: Nicholas Krapels, head of research and development at Mantra By 2035, the real-world asset (RWA) market is expected to reach over $60 trillion, with green RWAs well-positioned to become a significant subsector in this global onchain movement. Today, tokenized green assets still represent less than 1% of total climate assets and a similarly small percentage of RWAs, which currently are mostly tokenized treasuries. However, with the total value of green assets set to soar and the rate of tokenization increasing, the green RWA market is an untapped growth…
Ether (ETH) Resurgence Gains Steam Driven by Spot ETF Demand and On-Chain Growth: Citi
After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday. The second-largest cryptocurrency is now up nearly 30% year-to-date, testing bitcoin’s (BTC) dominance in a way not seen since late last year. This time, however, ether is taking market share rather than ceding it, the report said. Spot ether exchange-traded funds (ETFs) have seen a surge of demand. Cumulative net inflows now top…
Japan’s 10-year Bond Yield Hits Highest Since 2008
Japan’s benchmark 10-year government bond (JGB) yield rose to a 17-year high, reflecting concerns that could spill over to bond markets across other developed economies and reduce demand for riskier assets such as cryptocurrencies and equities. The yield rose above 1.61%, the highest since 2008. The move follows a dismal auction of the 20-year JGB on Tuesday, indicating investor concern about higher government spending and tax cuts. Yields on longer-term debt rose to highs seen last month, with the 20-year bond hitting 2.64% and the 30-year climbing to 3.19%, according…
APT Miner offers investors stable daily returns in BTC
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s price swings highlight the challenge for long-term investors, driving interest in stable cash flow options like APT Miner. Summary APT Miner lets investors earn daily income from cryptocurrency mining without relying solely on price increases. Users can start with small amounts, choose from various contracts, and get their principal back at the end. The platform uses strong security measures and carbon-neutral green energy for mining operations. Recently, Bitcoin…
DOGE Price Warning: 51% Attack Threat Triggers
Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…
Altcoin Search Interest Plunges Amid Market Downturn
Global search interest in altcoins has plunged significantly this week as Bitcoin and altcoins continued to retrace over the past six days, according to new data. Worldwide searches for the term “alt season” fell to a score of 45 on Aug. 19, down from a peak of 100 just a week earlier on Aug. 13, a day before Bitcoin (BTC) reached a new high of $124,128 amid a broader crypto market rally. Search interest for “alt season” is at 45, based on 90-day Google Trends data. Source: Google Trends It…