News
11 Aug 2025, 20:33
XRP May Target $11 Following Breakout Amid Rising SHIB Whale Activity and BTC Golden Cross Signals
XRP is poised for a potential rise to $11 after breaking out of a triangle pattern, while SHIB whale outflows have doubled as prices climb. XRP’s breakout could lead to
11 Aug 2025, 20:32
Orca DEX plans buybacks and token staking
Solana’s third-largest DEX has planned staking for September
11 Aug 2025, 20:32
900,000,000 XRP Scooped in 2 Days as Whales Take Control Ahead of ETF Launch
XRP prepares for more rally as whales continue with aggressive accumulation
11 Aug 2025, 20:32
Hong Kong, China’s Gateway to the World, Makes Critical Announcement for Major Altcoin: They Are Listing It
OSL HK, Hong Kong’s first licensed cryptocurrency exchange, has received approval from the Hong Kong Securities and Futures Commission (SFC) to offer Solana (SOL) trading services to retail investors. This makes SOL the fifth cryptocurrency available to retail investors in Hong Kong. Similar approvals have been granted previously for BTC, ETH, AVAX, and LINK. According to a statement from OSL HK, Solana trading will be accessible to both professional and individual investors. The platform will support both “Flash Trade” and “Pro Trade” methods. Supported trading pairs will be: Flash Trade: SOL/HKD, SOL/USD, SOL/USDT, SOL/USDTTRC Pro Trade: SOL/USD Related News: Today's MicroStrategy Bitcoin Purchase Was Disappointing: But One Company Made a Mega Purchase in Ethereum — Here Are the Details Flash Trade operations will begin on August 11, 2025 at 18:00 (UTC+3), and Pro Trade operations will begin on August 18, 2025 at 11:00 (UTC+3). Hong Kong is recognized as a special region of mainland China and, unlike China, largely allows the use of cryptocurrencies and corporate activities. *This is not investment advice. Continue Reading: Hong Kong, China’s Gateway to the World, Makes Critical Announcement for Major Altcoin: They Are Listing It
11 Aug 2025, 20:30
Ethereum (ETH) Blasts Past $4K — $105M Shorts Wiped as MATIC & ARB Ride Layer-2 Breakout Momentum
Ethereum has broken through the $4,000 mark for the first time in eight months. The move has sparked a wave of short liquidations in the crypto market. Alongside this surge, layer-2 tokens like MATIC and ARB are riding strong breakout momentum, fueling optimism across the market. Meanwhile, MAGACOIN FINANCE is catching attention as a promising new project. Its presale is moving fast, and the project is drawing interest from investors looking to get in early on the next big project. MAGACOIN FINANCE Presale Moving Quickly as Demand Surges While Ethereum pushes higher, MAGACOIN FINANCE is also gaining momentum. It is one of the tokens that many investors consider as a promising opportunity, given that it enjoys the general market optimism brought by the ETH rally. Experts say presale is moving quickly. The rapid presale activity is an indicator of the high demand and the increased community interest in this new project. MAGACOIN FINANCE is gaining popularity among cryptocurrency enthusiasts due to its combination of an impressive growth trajectory and strong fundamentals. ETH Price Surge Triggers Largest Short Liquidation of the Day The price jump of ETH past $4,000 has triggered losses to short positions. According to CoinGlass data, $105 million worth of Ether short positions were liquidated in just 24 hours. The liquidations made up over half of the total shorts wiped out in the whole crypto market. The price climbed to $4,060 before settling just above $4,000. The strong move showed just how much buying pressure there is behind ETH right now. Eric Trump even chimed in on social media, telling his followers to stop betting against Bitcoin and Ether. He highlighted how the shorts got “smoked” and warned bears that the momentum is too strong to ignore. Why $4,100 Is a Key Level for Ethereum Analysts have also observed that a key resistance area is around the $4,100 mark. A break and close above it is likely to generate a new buying boom and drive ETH to either $4,400 or maybe even to $4,500 within a short period of time. Traders are getting excited by this potential short squeeze. Additionally, spot Ether ETFs have seen inflows of over $537 million in the last four days, indicating institutional interest in Ethereum. Different analysts have given varied predictions that range fr0m $10,000 to $16,000 in the coming months, provided that the initial momentum is sustained. Final Thoughts The market is demonstrating new signs of strength, with Ethereum racing past $4,000 and causing massive short liquidations. Significant breaks in the major resistance and institutional interest may drive ETH even higher. Meanwhile, MAGACOIN FINANCE has established itself as a new alternative for investors seeking to take advantage of the current momentum. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Ethereum (ETH) Blasts Past $4K — $105M Shorts Wiped as MATIC & ARB Ride Layer-2 Breakout Momentum
11 Aug 2025, 20:27
Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case
Terraform Labs founder Do Kwon may change his "not guilty" plea in federal court tomorrow, a judge said Monday. District Judge Paul Engelmayer, of the Southern District of New York, scheduled a hearing for Tuesday morning in an order saying he had been "advised that the defendant may enter a change of plea." Kwon previously pleaded "not guilty" to multiple fraud and market manipulation charges tied to the operation and subsequent collapse of Terraform's Terra/Luna stablecoin ecosystem. Kwon was extradited to the U.S. at the end of 2024 following a lengthy back-and-forth with different Montenegrin authorities. Kwon was detained in Montenegro following an attempt to travel on a fake passport. A trial was tentatively set for next January, after prosecutors said they needed to examine six terabytes of data during discovery. Judge Engelmayer's order on Monday did not specify whether Kwon would plead guilty to all of the charges or if prosecutors had come to a plea deal with the defense team. His order did say the defense attorneys "should, in advance of the proceeding, review with the defendant any plea agreement or Pimentel letter ." Kwon and Terraform have already been found liable for civil fraud in a case brought by the U.S. Securities and Exchange Commission, and ordered to pay $4.5 billion in penalties and disgorgement . The Terra network, once worth over $18 billion, collapsed in a matter of days after the algorithmic stablecoin TerraUSD (UST) lost its peg and its companion token Luna (LUNA) lost most of its value. An attorney for Kwon did not immediately return a request for comment. Join the crypto policy conversation Sept. 10 in D.C. — Register now for CoinDesk: Policy & Regulation .