14 Aug 2025, 13:03

Bitcoin Price Collapses After Bessent's Most Recent Statement

The price of Bitcoin has plunged sharply lower after Bessent confirmed that the U.S. would not be buying more coins

14 Aug 2025, 13:02

Coinbase Manages XRP Reserves with Precision

Coinbase's XRP reserves fell 57.4% since June. Recent internal transfers suggest strategic reallocation for access efficiency. Continue Reading: Coinbase Manages XRP Reserves with Precision The post Coinbase Manages XRP Reserves with Precision appeared first on COINTURK NEWS .

14 Aug 2025, 13:00

PENGU Expands Into Latin America, Ethereum Targets $4,700, Cold Wallet Presale Soars Past $6M! Which One Should You Buy Now?

Crypto activity is heating up, and three names are catching the spotlight: Pudgy Penguins (PENGU), Ethereum (ETH), and Cold Wallet (CWT). Pudgy Penguins is stepping into the Latin American market with fresh momentum, while Ethereum’s price action is holding steady with potential for a big breakout. Yet, Cold Wallet is stealing the scene. As PENGU builds traction with new users and ETH approaches a crucial resistance point, Cold Wallet’s presale is setting the stage for a massive leap, showing an eye-popping 4,900% ROI potential from Stage 17 to launch. With its USDT referral rewards and CWT’s cashback structure, Cold Wallet delivers a mix of practical use and explosive growth potential that stands apart in the current market. Pudgy Penguins Targets Latin America Growth Pudgy Penguins, the well-known NFT and meme coin brand, has locked its sights on the Latin American market. Its Solana-based asset, PENGU, just got listed on Ripio, one of the biggest exchanges in the region. This comes shortly after securing a spot on Arkham Intelligence, marking another key step in its growth plan. Market response has been upbeat, with PENGU climbing 10% since Friday. CEO Luca Netz has bigger ambitions, aiming to hit $100 million in yearly revenue by picking up equity stakes in Web3 businesses. With the floor price nearing 300 Ethereum (ETH), the project’s reach continues to grow. This combination of regional expansion and strategic business moves could cement Pudgy Penguins’ role as a leader in the space. The current upward trend for PENGU may have more room to run, especially if demand in Latin America keeps climbing. The Ripio listing is expected to boost trading activity, which could strengthen the project’s overall ecosystem. ETH Price Watch: $4,500 Resistance in Focus Ethereum (ETH) has jumped more than 15% in recent days, clearing multiple resistance points and staying firmly above $4,000. Breaking through the $3,800 level has set ETH on a path toward $4,700, with $4,500 as the next major hurdle. If this level breaks, the climb to $5,000, and potentially a fresh all-time high, is in sight. Market watchers are keeping an eye on $4,350 and $4,500 as key signals for further movement. Failure to pass these could trigger a dip back toward $4,100 or $3,800. Still, momentum remains strong, making Ethereum an attractive option before the next big leg up. The positive sentiment and consistent performance suggest that ETH’s bullish wave may still have more fuel left in the tank. Cold Wallet’s Stage 17 Holds Massive ROI Potential! Cold Wallet isn’t just stirring hype, it’s already delivering. The platform’s referral system is live and paying out in USDT, allowing early participants to start earning well before the official market debut. Once Cold Wallet lists, these payouts will shift to CWT, which could see a massive jump in value if it reaches the projected $0.3517 launch price, an incredible 4,900% increase from the current $0.00998 Stage 17 rate. With over $6M raised and a community of more than 2 million active users already on board, Cold Wallet has proven that its concept resonates. The presale is moving quickly, and each completed stage pushes the price higher, reducing the available window for securing the biggest gains. The earlier the entry, the greater the potential upside. What sets Cold Wallet apart is its ability to transform everyday wallet usage into direct cashback rewards. Gas fees, swaps, and ramps aren’t just costs here, they’re earning opportunities, feeding directly into user rewards. This approach makes the platform valuable from day one, even before major price growth kicks in. With a blend of rapid adoption, real user benefits, and significant upside potential, Cold Wallet is positioning itself as one of the standout opportunities in the market right now. The current stage may be the sweet spot before momentum takes it even higher. Closing Analysis Pudgy Penguins (PENGU) is making smart moves in Latin America, with ambitious revenue targets and a growing floor price. Ethereum (ETH) continues to post strong price action, holding close to major breakout points. Meanwhile, Cold Wallet has already crossed $6M raised, combining a cashback system that flips transaction costs into profit with rapid user onboarding. Stage 17’s $0.00998 pricing won’t last forever, and the projected launch value paints a clear picture of the upside. For anyone scanning the market for the hottest crypto plays, Cold Wallet’s momentum, reward model, and growing community make it a standout. The clock is ticking, and this opportunity won’t stay open forever. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial The post PENGU Expands Into Latin America, Ethereum Targets $4,700, Cold Wallet Presale Soars Past $6M! Which One Should You Buy Now? appeared first on TheCoinrise.com .

14 Aug 2025, 13:00

OKB crypto rallies 221% – Mapping its path to $148 ATH

OKB rallied 221% reaching a new all time high of $148 as OKX team announced 65.2 million token burn

14 Aug 2025, 13:00

BNB Hits $850 as Nexchain Boosts Momentum with Its Crypto Presale

BNB is trading at $855 after rising 5.5% in the past 24 hours. The token is targeting $1,225. This level would lift its market capitalization close to $150 billion. Spot market demand is driving the rally, while low token inflows to exchanges are limiting selling pressure. Key support is seen at $802, with resistance at $919. Breaking the $919 level could open the way for further gains. Intermediate targets are at $1,036 before reaching the $1,225 projection. The Relative Strength Index (RSI) stands at 64. This shows room for more upside without entering overbought conditions. BNB’s strong market rally has fueled broader interest in cryptocurrency presales. Nexchain has emerged as a standout in the current cycle. Nexchain’s Web3 Crypto Presale and Infrastructure Goals Nexchain is in stage 25 of its token presale at $0.10 per NEX. The expected exchange listing is $0.30. This projection signals up to 300% potential gains for early buyers. The project is positioned as a high-performance Web3 infrastructure provider in the competitive crypto presales market. The platform is an AI-optimized Layer-1 blockchain. It can process 400,000 transactions per second. Transaction fees average $0.001, ensuring cost efficiency. Its hybrid consensus combines Proof-of-Stake with AI algorithms. This lets the network adapt to demand without compromising security. Moreover, Nexchain is built with cross-chain compatibility. It can connect with other blockchain ecosystems. This provides utility across finance, healthcare, IoT, logistics, and public administration. The live testnet lets developers trial transaction speeds and interoperability tools before the mainnet launch. Development Roadmap and Security Measures Nexchain’s 2025 roadmap includes the Q3 launch of Nexpolia. It also includes integration of cross-network bridges, developer SDK releases, and yield farming incentives. Q4 targets include the mainnet release and AI oracle integration. Partnerships with DeFi platforms are also planned to enhance adoption. The Nexchain Explorer is already live. It offers real-time data on network activity. A security audit by Certik is in progress. Results will be public when completed. The project has released its whitepaper. It outlines consensus design, AI integration, and interoperability features. The document highlights high throughput with minimal energy use. Additionally, the team plans to expand exchange listings in Q1 2026. It will also launch a public beta to increase participation. These steps aim to secure Nexchain’s place among the top presale crypto coins. Market Potential and Position Among Top Crypto Presales The NEX token sale has attracted interest from retail buyers and early-stage blockchain investors. The $0.10 entry price offers a discount. The projected $0.30 listing positions Nexchain among the best crypto presale opportunities for 2025. Unlike many presale cryptocurrency projects, Nexchain targets multiple sectors. This broad utility, plus speed and low costs, strengthens adoption prospects. With BNB showing strong momentum, Nexchain’s launch may align with favorable market conditions. This positions it as a top presale crypto for scalable Web3 infrastructure. Nexchain’s AI scalability, cross-chain functions, and detailed roadmap make it a strong contender in the crypto coin presale space. As BNB nears key resistance, momentum in cryptocurrency presales like Nexchain supports growing investor confidence. The post BNB Hits $850 as Nexchain Boosts Momentum with Its Crypto Presale appeared first on TheCoinrise.com .

14 Aug 2025, 13:00

DeepSeek delays R2 model over Huawei chip issues

After experiencing “persistent technical issues” with Huawei’s Ascend chips, DeepSeek has delayed the release of its R2 AI model. The Chinese AI giant is experiencing delays after being encouraged by the local authorities to use domestic systems for their products. DeepSeek R2 AI model release delayed The Chinese artificial intelligence company DeepSeek has postponed the launch of its latest AI model after encountering persistent technical challenges with Huawei’s Ascend processors. DeepSeek had been encouraged by Chinese authorities to use Huawei’s chips instead of US-made Nvidia products after the successful release of its R1 model in January, but the company ran into major issues during the training phase of its R2 model. According to people familiar with the matter, these problems forced DeepSeek to rely on Nvidia chips for training, while using Huawei’s Ascend chips for inference. Industry insiders say Chinese chips, including Huawei’s, suffer from slower inter-chip connectivity, software limitations, and stability problems compared with Nvidia’s products. Huawei deployed a team of engineers to DeepSeek’s offices to help adapt the model to its chips, but even with on-site support, the start-up could not complete a successful training run on Ascend hardware, sources said . DeepSeek had planned to release the R2 model in May, but with the Ascend chip’s performance facing problems, the launch has been delayed. Challenges to DeepSeek’s momentum The delays to R2’s launch are worsened by a slower-than-expected progress in data labeling for the model’s updated capabilities, according to a person familiar with the matter. Although some Chinese media reports suggest the new model could be released in the coming weeks, DeepSeek’s founder Liang Wenfeng has expressed dissatisfaction with its progress internally, urging the team to take the time needed to produce a model capable of maintaining the company’s competitive edge. In the meantime, rivals have continued to gain ground. Ritwik Gupta, an AI researcher at the University of California, Berkeley, said that many developers in China have turned to Alibaba’s Qwen3 model , which he described as both powerful and flexible. Gupta noted that Qwen3 adopted some of DeepSeek’s core innovations, such as a training algorithm enabling reasoning capabilities, but it made them more efficient to deploy. Gupta, who monitors Huawei’s AI ecosystem, said the Ascend platform is experiencing “growing pains” but predicted eventual improvement. “Just because we’re not seeing leading models trained on Huawei today doesn’t mean it won’t happen in the future,” he said. “It’s a matter of time.” Nvidia, a central player in US-China technology tensions, recently agreed to give the US government a portion of its China-related revenues in exchange for resuming sales of its H20 chips to Chinese customers. The company emphasized the importance of maintaining access to Chinese developers, warning that “surrendering entire markets and developers would only hurt American economic and national security.” KEY Difference Wire helps crypto brands break through and dominate headlines fast