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Key takeaways: Alchemy Pay (ACH) is a cross-functional payment solution making significant strides in bridging the gap between fiat and cryptocurrency payment ecosystems. The platform’s robust framework enables global consumers to connect with merchants, developers, and institutions worldwide, facilitating transactions across multiple fiat currencies and cryptocurrencies. This functionality enhances Alchemy Pay’s adaptability and positions it […] Source: cryptopolitan.com (Read Full Article)
Spot Bitcoin ETFs break 12-day inflow streak amid ‘profit taking’
Spot Bitcoin ETFs saw $131.35 million in outflows on Monday, ending a 12-day streak that pulled in $6.6 billion. Source: cointelegraph.com (Read Full Article)
Shiba Inu (SHIB) and Mutuum Finance (MUTM) Are the Two Most Undervalued Altcoins in 2025: Here’s Why
Summer 2025 is heating up, and crypto hunters are scrambling to secure the next big winners before July ends. While Shiba Inu (SHIB) continues to hold its ground as a community favorite, all eyes are quietly shifting to Mutuum Finance (MUTM), the altcoin that insiders are calling the top summer breakout token. Phase 5 Mutuum […] Source: cryptopolitan.com (Read Full Article)
Wrapped stETH fell from the $4,600 to the $4,400 range following Lido withdrawals
Wrapped stETH prices slid in the past 24 hours, while Lido DAO saw peak requests to un-stake stETH. The recent ETH rally is causing some whales to withdraw their stakes and potentially realize profits. Source: cryptopolitan.com (Read Full Article)
YouTube removed nearly 11,000 accounts linked to state-backed propaganda
Google announced on Monday that it had removed almost 11,000 channels along with related accounts in the second quarter for links to government-backed misinformation campaigns from Russia, China, and other nations. Most of the removals, over 7,700 channels, were tied to China. Those channels, broadcasting in both English and Chinese, regularly pushed messages favorable to […] Source: cryptopolitan.com (Read Full Article)
Asian markets showed mixed results as S&P 500 climbs
On Tuesday, Asian stock markets showed mixed results after U.S. indexes recently inched to new highs to start a week filled with earnings reports from major American firms such as General Motors, Alphabet, and Tesla. In Tokyo on Tuesday’s session, the Nikkei 225 opened higher but ended lower when markets returned from last Monday’s holiday, after […] Source: cryptopolitan.com (Read Full Article)
Ethereum To $10,000? Analyst Says ETH Has To Break This Level
An analyst has explained how Ethereum could be eyeing $10,000 next, if it manages to break past the resistance line of this technical analysis pattern. Ethereum Is Nearing A Retest Of This Resistance Line In a new post on X, analyst Ali Martinez has talked about how ETH is looking from the perspective of a technical analysis (TA) pattern. The pattern in question is a Parallel Channel, which forms whenever an asset’s price witnesses consolidation between two parallel trendlines. Related Reading: Bitcoin Correlation To Altcoins Is Collapsing: A Warning Sign? There are a few different types of Parallel Channels, but the one of interest in the current discussion is the variant that has its trendlines parallel to the time-axis. This type appears when the cryptocurrency shows consolidation in an exactly sideways manner. Like other consolidation patterns in TA, the upper level of the Parallel Channel is assumed to be a source of resistance and the lower one that of support. A break out of either of these bounds can signal a continuation of trend in that direction. That is, a surge above the channel can be a bullish signal, while a fall below it may be a bearish one. Now, here is the chart shared by the analyst that shows the Parallel Channel that the 1-week price of Ethereum has been trading inside for the last couple of years: As is visible in the above graph, Ethereum retested the lower level of the Parallel Channel earlier in the year and successfully found support at it. Since then, the coin has been marching up and its latest rally has brought it close to the upper level of the pattern, situated around $4,000. ETH has tested this level three times during the last couple of years and all of the instances resulted in it being rejected. In the scenario that the asset can find an escape this time, however, a bullish breakout might follow. “If Ethereum $ETH can break past $4,000, we could be looking at $10,000 next!” notes Martinez. The level is based on the fact that Parallel Channel breakouts can end up being of the same length as the height of the channel. It now remains to be seen if Ethereum will retest the upper level of the pattern in the near future and whether it would be able to find a break. Related Reading: This Ethereum Metric Called The Bottom Ahead Of Rally, Says Analytics Firm In some other news, ETH has seen a surge in the supply held by First Buyers, according to data from the on-chain analytics firm Glassnode. First Buyers refer to the ETH investors who have purchased the cryptocurrency for the first time. The supply held by this type of holder has increased by 16% since early July, indicating that fresh inflows have been coming into the asset. ETH Price Ethereum has seen a rally of more than 25% in the past week, which has brought its price to $3,750. Featured image from Dall-E, Glassnode.com, charts from TradingView.com Source: newsbtc.com (Read Full Article)
Citadel told the SEC to slow down on tokenized stocks
Citadel Securities has officially told the U.S. Securities and Exchange Commission to hit pause on rushing tokenized stocks into the financial system. In a letter sent Monday to the SEC’s Crypto Task Force, the trading firm warned that moving too quickly could create confusion for investors and tip the scales unfairly in favor of some […] Source: cryptopolitan.com (Read Full Article)
Cathie Wood sells Coinbase, Roblox shares for Tom Lee’s ETH firm
ARK Invest has restructured three ETFs, selling Coinbase and Roblox shares to buy 1.5% stakes in Ethereum treasury firm Bitmine across its portfolios. Source: cointelegraph.com (Read Full Article)
Eric Trump takes victory lap 5 months after telling everyone to buy ETH
Investors who bought ETH when Eric Trump made his Feb. 4 post are sitting on an unrealized gain of 30% despite a drawdown earlier this year. Source: cointelegraph.com (Read Full Article)