Standard Chartered has sharply raised its price expectations for Ethereum, citing a noticeable improvement in the cryptocurrency backdrop over recent months.
The bank now sees Ethereum reaching $7,500 by the end of 2025, up from $4,000 previously, and $25,000 by the end of 2028, compared to $7,500 previously.
A credit rating of "B-" from S&P Global for Sky… the first of its kind for a DeFi protocol.
The credit rating granted by S&P Global to Sky Protocol reflects major concerns about governance centralization, weak capital, and regulatory uncertainty.
S&P Global Ratings grants a credit rating of "B-" to Sky Protocol in a first-of-its-kind precedent for a decentralized finance (DeFi) protocol.
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And in the end… the projects that succeed get a certificate of honor 🎖 and the projects that fail? They go back to study in the "Decentralization School" 🤓📚
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The Creator Pad platform is part of the Binance Square network, a platform aimed at supporting creators and startup entrepreneurs in the world of cryptocurrencies. This platform allows users to participate in funding new projects by purchasing their cryptocurrencies before they are officially launched in the market.
#BitcoinSPACDeal $BTC $BNB The performance of cryptocurrencies varied during trading on Monday, with Bitcoin rising to approach its all-time highs.
In a new move aimed at involving cryptocurrencies in American work sectors, U.S. President Donald Trump signed an executive order allowing the inclusion of digital assets in the list of investment options available in retirement plans provided by employers.
Following this decision, employees wishing to diversify their investment portfolios away from traditional models can turn to more risky investment tools.
In terms of trading, the price of Bitcoin rose today by 2.62% to be traded at $121,570, nearing its all-time high when it surpassed $123,000 in mid-July.
The market capitalization of the world's most famous cryptocurrency increased to $2.43 trillion, while the trading volume over the last 24 hours rose to $75.22 billion.
On a weekly basis, Bitcoin managed to add about 6.17% to its value.
Regarding the prices of other cryptocurrencies, the price of Ethereum rose by 1.16% to reach $4,293, while the price of Binance Coin increased by about 0.86%, recording $818.
The price of Cardano also rose by 0.11% to reach $0.8241.
#BinanceAlphaAlert$XRP The price of Ripple (XRP) reached $3.38 after a rise of 11.1% over the week, following significant legal developments. This increase began when Ripple and the SEC filed a request to the Second Circuit Court of Appeals to dismiss the appeals filed by them, indicating that their 5-year legal dispute may be nearing an end.
#ETH4500Next? $ETH Corporate holdings of Ethereum jumped to a record level of 3.04 million ETH, equivalent to about 13 billion dollars, after the cryptocurrency's price broke the $4,300 barrier, driven by the largest institutional buying wave in months, according to CoinGecko data.
Ethereum recorded a peak on Monday at $4,332, a 20.4% increase over the week, before slightly retreating to $4,290, amid intense buying by major companies, led by BitMine Immersion Technologies, which increased its holdings by 410.68% in one month to 833,100 ETH, surpassing a market value of 3.58 billion dollars, becoming the first company to own more than 3 billion dollars worth of Ethereum.
SharpLink Gaming came in second, after increasing its holdings by 141.69% to 521,900 ETH, raising its value from 1.91 billion to over 2.23 billion dollars, with unrealized profits exceeding 671 million dollars. Meanwhile, The Ether Machine boosted its holdings to 345,362 ETH, valued at nearly 1.5 billion dollars, coinciding with the tenth anniversary of Ethereum.
The three companies together represent more than half of the holdings of the top 10 companies, totaling 2.63 million ETH, which is about 2.63% of the total supply. Last week also saw smaller deals, most notably IVD Medical purchasing nearly 19 million dollars worth of Ethereum through the HashKey platform.
#BTCReclaims120K $BTC Trump Media & Technology Group Corp (NASDAQ:DJT) has filed an amended registration statement with the Securities and Exchange Commission for the Truth Social Bitcoin ETF, according to the company's announcement. The ETF will hold Bitcoin directly and aims to track the performance of Bitcoin's price.
Crypto.com will serve as the Bitcoin custodian for the ETF, as well as the primary execution agent and liquidity provider. Yorkville America Digital serves as the sponsor of the fund.
The launch of the ETF is dependent on the effectiveness of the registration statement and the approval of the Form 19b-4 submission with the Securities and Exchange Commission. Once launched, shares will be listed on the NYSE Arca.
Trump Media operates the Truth Social platform, the streaming service Truth+, and the financial services brand Truth.Fi. The company mentioned this information in a press release.
The registration statement has been submitted but is not yet effective. No shares can be sold until the registration statement becomes effective, according to the company's disclosure.
📉Trading operations refer to the buying and selling of financial assets with the aim of making a profit, whether in traditional financial markets or online. These operations usually involve market analysis, making buy and sell decisions based on price movements, risk management, and executing trades. Detailed explanation: Buying and selling assets: Trading operations involve buying assets at a low price and then selling them at a higher price, or selling assets first and then buying them back at a lower price, to profit from the difference. Market analysis: Traders rely on technical and fundamental analysis tools to understand price movements and anticipate market trends, which helps them make informed trading decisions. Risk management: It is essential to put risk management plans in place, such as setting stop-loss and take-profit orders, to avoid significant losses and protect capital. Executing trades: Trading operations involve executing buy and sell orders through various trading platforms, whether traditional markets or electronic trading platforms. Examples of trading operations: Forex trading (foreign exchange): Buying and selling currency pairs with the aim of profiting from fluctuations in exchange rates. Stock trading: Buying and selling stocks on the stock exchange, aiming to profit from rising stock prices or receiving dividends.
Rise of most currencies and Ripple jumps by more than 7%
#CryptoIn401k$XRP $BNB Most cryptocurrency prices rose during trading on Friday, thanks to the decline of the U.S. dollar amid increasing chances of the U.S. Federal Reserve cutting interest rates at its next meeting scheduled for next month. The price of the most famous cryptocurrency in the world dropped by 0.4% to trade at $116,629.19, dominating about 60% of the total market value of the cryptocurrency market.
Trump surprises Wall Street and Ripple ends its battle with the SEC
#TRUMP#USFedNewChair$XRP On a day full of developments that could reshape the future of the cryptocurrency market, U.S. President Donald Trump announced a historic move that opens the door for retirement investments in crypto assets, coinciding with the conclusion of one of the longest legal battles in the sector between Ripple and the U.S. Securities and Exchange Commission (SEC).
Binance Revolutionizes the World of Digital Withdrawals: Your Money on Mastercard in Minutes
#Binance$BNB Binance, the largest cryptocurrency exchange in the world, has unveiled a new feature for its users in Europe that allows them to convert cryptocurrencies into cash and withdraw it instantly to eligible Mastercard (NYSE:MA) cards, representing a significant shift in facilitating the use of digital assets in everyday life.
The Securities and Exchange Commission announces the "Crypto Project" to move U.S. capital markets to the blockchain.
SEC Chairman Paul Atkins announced the "Crypto Project," a comprehensive initiative to update securities regulations so that U.S. capital markets can operate on the blockchain.
This regulatory shift is the boldest step the SEC has taken towards digital currency-friendly innovation. It follows President Trump's Genius Act and the Presidential Task Force report.
What is the SEC's Crypto Project? The "Crypto Project" is a comprehensive reform of the Commission's securities regulations to:
Enable blockchain-based markets (on-chain). Clarify the legal rules for the issuance, trading, and custody of digital assets. Stop pushing innovation overseas. Replace outdated 20th-century rules with original blockchain policies.
It is a platform aimed at helping local businesses leverage creator-led content marketing. The platform provides local creators with opportunities to earn money by creating content for local brands.
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Simply put, CreatorPad helps businesses grow through creator-led content marketing and helps creators earn money by sharing their creations with local brands.
Treasury Secretary Bisent Outlines U.S. Strategy for Digital Currencies at the White House
#WhiteHouseDigitalAssetReport$BTC The Treasury Secretary delivered remarks at the launch of the White House report on digital assets, highlighting the administration's efforts to position the United States as the "cryptocurrency capital of the world." Bisent stated that President Trump has fulfilled his promise made a year ago to turn America into a global leader in cryptocurrency. He compared the current administration's approach to the previous one, which he described as having waged a "four-year siege" against digital assets through regulatory actions that pushed fintech innovations overseas.
#CryptoScamSurge$BTC $BNB The price of Dogecoin (Dogecoin) reached $0.46 in December last year after Donald Trump won the U.S. presidential election.
The price of Dogecoin (Dogecoin) dropped to $0.23 earlier today after the meme coin faced a tough day for the entire crypto market. Despite its weekly decline of about 16%, it still retains monthly gains of 44% and 80% compared to last year, with some analysts confirming that its price is nearing an imminent breakout; trader Ali Martinez recently predicted a potential upward rebound towards $0.46 or more after forming a double bottom pattern.
#ETHCorporateReserves$ETH In a new move reflecting the rising influence of political capital in the cryptocurrency market, World Liberty Financial (WLFI), backed by former U.S. President Donald Trump, continued to purchase large quantities of Ethereum (ETH), despite growing concerns about conflicts of interest between Trump's political ambitions and his investments in the crypto sector.