News
11 Aug 2025, 19:48
SEC Boss Breaks Silence on Ripple Lawsuit Conclusion
SEC Chair Paul Atkins says that the Ripple lawsuit "chapter" is finally closed
11 Aug 2025, 19:48
Bitcoin Vs. Ethereum - Which Token Will Achieve Higher Records This Week?
The cryptocurrency world is buzzing with speculation. Two major players, Bitcoin and Ethereum , are on everyone's radar. As market dynamics shift, the race is on to see which digital asset will break new ground. Stay tuned to discover which token might surge in value this week and what factors could drive their growth. Bitcoin's Steady Climb: Key Levels and Dynamic Range Over the past month, Bitcoin increased by 4.30%, while the last six months saw a gain of 27.23%. This period has been characterized by steady advances and moderate price movements, which supported accumulation. Despite minor corrections, the price action remained within a defined range. Momentum has been consistent, with no extreme swings, indicating a market that quietly absorbs buying pressure. Indicators during this time suggested healthy participation, even with some hesitations, which could pave the way for future developments. Current price stands between $106,632 and $123,514, with nearest support at $97,462 and resistance at $131,225. A secondary support exists at $80,580, while higher resistance is noted at $148,106. The RSI at 65.70, along with the Awesome Oscillator at 630.89 and a Momentum Indicator of 8,550.20, suggests upward energy but warns of potential overbought conditions. The market shows no clear dominance by bulls or bears, resulting in a range-bound situation. Traders might consider buying near lower support and taking profits as the price nears first resistance, while monitoring for potential breakouts that could establish a new trend. Ethereum Surge: Critical Levels and Ongoing Bull Push Ethereum experienced a noticeable rise over the past month with a 45.72% increase and a solid 65.62% boost over the last six months. Ethereum traded within a range of $2736.67 to $4301.41 during this period, reflecting healthy upward movements and occasional pullbacks that set clear entry points. Price records over this timeframe point to strong market momentum with successive rallies and corrections working in its favor. Steady gains helped shape an environment where bullish sentiment could flourish while occasional volatility kept traders alert to dynamic shifts. Current price action shows Ethereum moving between $2736.67 and $4301.41, with a key resistance area at $4903.83 that could test further bullish pressure. The nearest support lies at $1774.34, which may act as a cushion during dips. Bullish momentum is evident, supported by weekly gains of 23.09% and strong monthly performance; however, the RSI reading at 73.89 signals caution. The overall market lacks a clear trend, presenting opportunities for tactical trading. Traders might consider buying near support levels while monitoring for breakouts above resistance, aware that a slip below support could trigger a pullback. Conclusion In the coming week, both BTC and ETH show potential for new highs. BTC maintains strong momentum driven by market sentiment. ETH continues to attract attention due to its recent updates and growing usage. Both coins exhibit solid growth prospects, but their individual performances will depend on upcoming developments and market reactions. Keep watching for key shifts that could drive one to surpass the other. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 Aug 2025, 19:45
Micron raised its Q4 revenue forecast to $11.2B from $10.7B, citing strong AI chip demand
Micron Technology raised its fourth-quarter revenue and profit forecast on Monday. The move comes as demand for its memory chips used in artificial intelligence (AI) infrastructure keeps rising. The company anticipates quarterly revenue of $11.2 billion , with a $100 million margin of error. This is well above its previous outlook of $10.7 billion, plus or minus $300 million. The memory chip maker also raised its adjusted gross margin forecast to 44.5%, up from 42%. Earnings are now projected at $2.85 per share, compared with the earlier $2.50 estimate. The improved guidance sent Micron’s shares up about 3% in early trading. Investors see the revised numbers as a sign that the company is successfully riding the AI boom. Micron pushes prices amid tight AI chip supply Micron’s raised forecast is powered largely by stronger pricing across its memory chip portfolio, especially in its dynamic random access memory (DRAM) products. DRAM plays a central role in AI computing, where massive amounts of data must be stored, retrieved, and processed almost instantly. This makes DRAM indispensable for both training and running AI models. The biggest boost, however, comes from surging demand for high-bandwidth memory (HBM) chips. These specialized chips offer far greater data transfer speeds than conventional DRAM, allowing AI systems to work with huge datasets in real time. HBM is a cornerstone technology for next-generation AI data centers, powering everything from large language models to autonomous systems. At an Industry Conference, Chief Business Officer Sumit Sadana said that Micron had raised prices without slowing demand, noting that the company’s end markets worldwide had shown robust pricing trends and had achieved significant success in increasing prices. Analysts believe Micron’s pricing power directly results from tight supply conditions. HBM production is technically complex, requiring advanced manufacturing processes that only a handful of companies worldwide can execute at scale. Expanding production takes time and billions of dollars in investment. This scarcity has given memory chipmakers an unusual advantage. Historically, the industry has been plagued by cycles of oversupply, forcing companies to cut prices and accept thinner margins. But the AI boom has flipped that dynamic — now, demand is rising faster than production capacity, enabling firms like Micron to set higher prices and protect profitability. Market watchers note that Micron is benefiting not just from AI demand, but also from its early move into advanced HBM development. The company has locked in steady high-value orders by securing contracts with leading AI hardware makers. Micron rides AI wave to outperform estimates Micron’s momentum reflects a bigger industry trend. Big tech companies are pouring billions into AI-focused data centers . These facilities require huge amounts of high-speed memory, and Micron is one of the few players able to meet those needs at scale. SK Hynix, another major AI memory chip supplier, expects the market for specialized AI chips to grow by 30% annually through 2030, signaling strong long-term potential for companies in the sector. Still, there are challenges ahead. A planned 100% tariff on some chips imported into the U.S. could hurt growth. However, the duties will not apply to companies manufacturing domestically or committing to U.S. production. Micron has already positioned itself well in that regard. In June, it announced it would expand its U.S. investments by $30 billion, bringing its total planned U.S. spending to $200 billion. With AI infrastructure build-outs accelerating worldwide, Micron’s latest forecast suggests it could finish the year ahead of Wall Street expectations — and with more pricing power than it has enjoyed in years. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
11 Aug 2025, 19:41
From Tokens to Access: How Web3 and Mirror Links Are Reshaping Digital Freedom
For years, “Web3” has been synonymous with speculation—an ecosystem dominated by NFTs, memecoins, and volatility. But beneath the noise of token trading and decentralized finance hype, a quieter, more revolutionary movement is taking root. One that’s less about wealth—and more about access. In places where digital repression is the norm and online platforms bend to state control, the technologies that underpin Web3—blockchains, decentralized storage, peer-to-peer protocols—are merging with another unlikely ally: mirror links . Together, they are laying the foundation for a freer internet—one that resists censorship not through protest, but through architecture. Welcome to the next frontier of digital freedom, where tokens don’t just represent value—they represent entry. Web3's Unintended Superpower The first wave of Web3 was about ownership—owning your assets, your identity, your data. But in censored markets—from Iran and Myanmar to Russia and parts of Sub-Saharan Africa—Web3 is taking on a more urgent mission: keeping the internet open when the walls close in. At the core of this evolution is decentralization. Web3 technologies are inherently resistant to control because they operate outside traditional gatekeepers. Smart contracts don’t live on corporate servers. DAOs (Decentralized Autonomous Organizations) don’t respond to government subpoenas. And decentralized applications (dApps) don’t vanish when an app store delists them. This matters because censorship today is less about outright bans and more about chokepoints: app removals, domain blocks, surveillance, and payment restrictions. Web3 rebuilds the web from the ground up without those chokepoints. Mirror Links: The Bridge Between Old and New While Web3 provides the backend resistance, mirror links offer the frontline access. These are alternate URLs—clones or proxies—that replicate a blocked website’s content on a different domain. Frequently used in regions where authorities block popular news outlets, social platforms, or even crypto exchanges, mirror links are an old trick with new relevance. And when these mirror links are paired with Web3 infrastructure, they become even more powerful. For example: A mirror link can point to a dApp frontend hosted on IPFS, making the site immune to takedowns. Decentralized domains (like those registered through ENS or Handshake) can be used as mirror destinations, bypassing centralized DNS entirely. Users can receive real-time updates of working mirrors via encrypted Web3 messaging protocols like XMTP or Lens. Digital Identity and Permissionless Access Traditional internet access is increasingly tied to identity—phone numbers, SIM registration, KYC, IP tracking. In censored countries, this can lead to blanket surveillance or targeted harassment. Web3 disrupts this through self-sovereign identity (SSI) models. Users authenticate via cryptographic wallets, not real-world documents. In this new model: A user in Iran can access an educational dApp without revealing their name or location. A journalist in Russia can publish investigative content to IPFS via a DAO, using a pseudonymous Ethereum address. A citizen in Ethiopia can receive stablecoin remittances tied to a wallet—not a bank. This kind of permissionless participation is impossible in Web2 environments, where every access point is controlled. In Web3, your wallet is your passport—and no one can cancel it. Censorship Resistance by Design Web3 apps don't just operate differently; they resist differently. Here’s how: Content Hosting on IPFS and Arweave: Instead of a server, data is stored across a distributed network. Censoring one node does nothing. Decentralized Frontends: Tools like Fleek or Skynet allow websites to deploy on decentralized hosts, making mirror creation automatic. DNS Alternatives: ENS (.eth) and Handshake (.hns) domains live on blockchains, immune to seizure by ICANN or local ISPs. Token-Gated Access: Some platforms use NFTs or tokens as keys to gated services—bypassing traditional login systems and surveillance traps. Even when governments block access to crypto or dApp services, VPNs, browser extensions, and rotating mirror URLs keep the doors open. Real-World Adoption: Quiet but Growing While many in the West debate regulatory frameworks, users in restricted environments are already adopting Web3 out of necessity—not choice. In Nigeria, P2P stablecoin markets are thriving among freelancers and students facing inflation and fintech crackdowns. In China, developers experiment with blockchain-based publishing tools to preserve censored stories and whistleblower reports. In Ukraine and Venezuela, DAOs have become fundraising tools to bypass banking restrictions and coordinate aid. In these cases, tokens become tools, and mirror links become lifelines. Risks, Challenges, and the Road Ahead Of course, this isn’t a utopia. Web3 comes with risks—rug pulls, scams, UX friction, and government pushback. Tools like IPFS are still too technical for most users. Wallet recovery remains a pain point. And mirror links, while useful, can be short-lived without constant maintenance. But the direction is clear: access is becoming decentralized. Where the old internet fails under pressure, the new one bends and adapts. Where content is blocked, it’s mirrored. Where users are tracked, they are anonymized. Where speech is banned, it is tokenized and distributed. Conclusion: A New Internet for the Next Billion Web3 is no longer just about speculation or protocol upgrades. It’s becoming a humanitarian technology stack—a way to bring connectivity, agency, and financial freedom to people who’ve been locked out of the traditional web. In the new paradigm, mirror links are more than circumvention tools. They’re bridges.Tokens are more than speculative assets. They’re passports.And Web3 is more than an evolution. It’s a reclamation—of access, autonomy, and voice. As censorship grows more subtle and more technical, so too must the resistance.And right now, that resistance is being coded into the very fabric of the decentralized web. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 Aug 2025, 19:30
Ethereum Corporate Holder BitMine Adds 317,000 ETH to its Reserve
BitMine Immersion Technologies announced it has added 317,000 Ethereum (ETH), valued at about $4.9 billion. The disclosure extends the firm’s rapid Ethereum accumulation this summer. It also comes as Ethereum rallies above the $4,000 psychological level. BitMine Becomes Largest ETH Corporate Holder The latest purchase places BitMine as the largest Ethereum corporate treasury globally with total holdings of 1,150,263 ETH. In an earlier purchase, BitMine added 208,137 ETH to its growing crypto treasury. The latest announcement revealed BitMine has added 317,000 ETH, valued at $1.3 billion , to its holdings since last week. BitMine launched its ETH treasury strategy on June 30, 2025. The company also revealed plans to buy back up to $1 billion of its outstanding common stock . Since it announced its Ethereum strategy, BitMine has recorded many key milestones. The firm now ranks as the third-largest crypto treasury in the world, behind only Microstrategy and Mara Blockchain. Firms Join BitMine in Adopting ETH Although BitMine has positioned itself as an Ethereum-denominated treasury, more public firms have added ETH to their balance sheets. Specifically, SharpLink recently purchased an additional 15,822 ETH , valued at around $53.9 million. The firm purchased the coins through multiple transactions, with the largest single transfer involving 6,914 ETH. This buy brought SharpLink’s total ETH holdings to 480,031 ETH, equivalent to approximately $1.65 billion. In a similar move, The Ether Machine acquired 15,000 ETH for $56.9 million. The firm bought the coins at an average price of $3,809 per ETH, pushing its total holdings to 334,757 ETH. Meanwhile, Ethereum co-founder Vitalik Buterin has voiced support for the Ethereum treasury companies. He praised the impact of these firms in expanding ETH to a broader investor base. However, he warned against the risks of excessive leverage in the sector. Ethereum Momentum Continues to Build The increasing interest in ETH among corporate holders comes amid rising prices. The leading altcoin climbed to $4,000 on Friday, August 8, 2025. ETH continued to rally high, trading at $4,288 as of this writing. In the past 24 hours, the ETH price increased by 2.2%. Investor activity has also increased alongside the soaring prices. Notably, ETH daily trading volume increased by 2.3% to $40.4 billion. The post Ethereum Corporate Holder BitMine Adds 317,000 ETH to its Reserve appeared first on TheCoinrise.com .
11 Aug 2025, 19:30
Dogecoin (DOGE) Eyes Potential Breakout Above $0.36 Amid Mixed Market Signals
Dogecoin (DOGE) is on the verge of a potential breakout, with a critical resistance level at $0.36 that could lead to a price surge towards $0.70. DOGE has surged over
