#Write2Earn Cryptocurrency markets are showing mixed signal | maanzimujeeb on Binance Square

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#Write2Earn Cryptocurrency markets are showing mixed signals today. Bitcoin is trading at $119,632.1, up by 1.23% over the last 24 hours, while Ethereum is priced at $3,885.19, with a 2.98% increase.

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ETH

4,207.83

0.00%

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#wordoftheday $ETH Cryptocurrencies have found a decent rally amid yesterday's strong session, propulsed by the Ether breaking 4,000 for the first time in 2025 and some positive news. Effectively, US President Trump just passed an executive order allowing Cryptocurrency investments to be counted into American 401Ks (retirement accounts) which boosted sentiment around the longer-run cryptocurrency investment mindset. There has been a few hypothesis, which don't sound too unrealistic, of BlackRock preparing for a XRP ETF in the follow-up from creations of ETFs for Ethereum, and the most recent addition, Solana. However, today's session seems to be a bit more mixed as Bitcoin steps into some key levels and some altcoins seem to not have got as much traction as the past month. Ethereum did drag a few of its peers higher yesterday but more bullish momentum would be welcome for some minor coins to come back to the past week highs . Let's take a look at what the daily crypto picture is looking like and a few technical charts including Ethereum, Bitcoin, XRP and ETH/BTC

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#WORDOFTHEDAY U.S. Spot XRP ETFs: Five Possible Reasons Behind BlackRock’s Hesitation to File for One BlackRock’s absence from the crowded spot XRP ETF race could be a reflection of client demand, regulatory caution and a calculated focus on bitcoin and ether What to know: BlackRock confirmed Aug. 8 that it has no immediate plans for a U.S. spot XRP ETF, even after the SEC–Ripple settlement. The asset manager is likely waiting for deeper liquidity and stronger institutional demand before entering. Multiple spot XRP ETF applications from other issuers are already pending. BlackRock has made bold moves into bitcoin and ether ETFs, but on Friday, the asset manager said it had no immediate plans to file for a spot XRP exchange-traded fund (ETF), dashing the community’s hopes that its entry could help extend XRP’s 2025 rally. This statement — made the day after the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly asked an appeals court to dismiss their respective appeals, signaling an end to their nearly five-year legal battle — has left investors questioning why BlackRock remains on the sidelines.

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$TREE TREE Just Landed on Binance! A Major Milestone for a Rising DeFi Star Big news is shaking the crypto forest — $TREE, the native token of @Treehouse Official , is now officially listed on Binance, the world's largest crypto exchange! ... This is more than just a listing — it's a statement.$XRP

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#BTCHashratePeak A New Milestone in Bitcoin Mining Bitcoin’s network has reached a new milestone with the recent #BTCHashratePeak, signaling record-high computational power dedicated to securing the blockchain. This peak reflects growing global interest in Bitcoin mining, fueled by rising institutional adoption and technological advancements in mining hardware. A higher hashrate increases network security, making it more resistant to attacks and ensuring faster transaction validations. It also indicates confidence in Bitcoin’s long-term value. However, it raises important questions about energy consumption and sustainability. As the hashrate climbs, the call for greener mining solutions becomes more urgent. The isn’t just a technical benchmark—it’s a reminder of the ongoing evolution of decentralized finance and the critical need to balance innovation with environmental responsibility.

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#Write2Earn $XRP XRP Dips 4.8% as Traders Lock Profits Ahead of Fed Decision XRP slid 4.8% to $3.13 as traders took profits amid uncertainty over upcoming Fed policy moves. Despite the drop, it remains the third-largest crypto and is still up 57% year-to-date.

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