Connect with us

Crypto World

BYDFi Joins Coinfest Asia 2026, Connecting with Institutions, Builders and Traders in Bali

Published

on

[PRESS RELEASE – VICTORIA, Seychelles, August 20th, 2026]

Global crypto exchange BYDFi is participating as a Gold Sponsor at Coinfest Asia 2026, taking place August 20-21 at Melasti Beach in Bali. Positioned as “The World’s Crypto Festival Built for Institutions, Builders & Traders,” the event brings together participants across digital assets, finance, technology, and trading. Attendees can meet the BYDFi team at Booth A1 throughout the two-day event.

Coinfest Asia 2026 Returns for Its Fifth Edition

Coinfest Asia 2026 marks the fifth annual edition of the event, spanning five beach clubs at Melasti Beach as one integrated venue. With more than 150 CEOs and industry leaders expected across the two-day event, the program combines conference sessions, product discovery, networking, and community experiences within the beachfront setting.

Advertisement

The 2026 agenda is organized into three intent-based tracks: Institutional, Builders, and Traders. Together, they cover digital asset adoption, stablecoins, tokenization, regulation, AI, blockchain infrastructure, product development, market narratives, and trading strategy. Asia Go-To-Market Sessions add localized perspectives on regulatory environments, user behavior, and ecosystem development across key Asian markets.

Trading Conversations and Community Interaction in Bali

At Booth A1, BYDFi is meeting with traders, builders, institutional representatives, partners, and community members to exchange perspectives on market access, product usability, and changing trading needs. Visitors can also learn more about BYDFi’s trading experience across spot trading, perpetual contracts, copy trading, trading bots, and TradFi trading.

The booth features a Lucky Wheel where attendees can take part in on-site interaction and receive exclusive BYDFi merchandise. The activity has drawn a steady flow of visitors, with attendees gathering around the booth to watch, participate, and speak with the BYDFi team.

Advertisement

Reliability in a Fast-Moving Market

Coinfest Asia 2026 brings institutions, builders, and traders into one setting as digital assets become increasingly connected to the wider financial system. For BYDFi, the conversations taking place in Bali offer a timely view of shifts in technology, industry priorities, and user expectations.

This environment reinforces BYDFi’s focus on practical product improvement, steady execution, and a dependable trading experience. As user needs continue to change, that focus remains central to how BYDFi carries Built for Reliability forward.

About BYDFi

Advertisement

Founded in 2020, BYDFi now serves over 1,000,000 users across 190+ countries and regions. BYDFi is Newcastle United’s Exclusive Official Crypto Exchange Partner and is listed by Forbes Advisor Canada among the best crypto exchanges in Canada for 2026.

BYDFi is dedicated to delivering a world-class crypto trading experience for every user.

BUIDL Your Dream Finance.

  • Website: https://www.bydfi.com
  • Support email: cs@bydfi.com
  • Business partnerships: bd@bydfi.com
  • Media inquiries: media@bydfi.com

X (Twitter) | Instagram | Telegram | YouTube | TikTok | How to Buy on BYDFi

The post BYDFi Joins Coinfest Asia 2026, Connecting with Institutions, Builders and Traders in Bali appeared first on CryptoPotato.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Important Ripple (XRP) Price Update: August 21st

Published

on

XRP is up 20% in the past 24 hours, and it gives no signs of stopping!

Ripple (XRP) Price Predictions: Analysis

Key support levels: $1, $1.3

Key resistance levels: $1.6, $2

Bulls Return with a Vengeance

In an unexpected move, XRP has rallied by over 20% in the past 24 hours. This comes after the price nearly lost its support at $1. The ongoing rally is market-wide, and XRP has made the best of this opportunity.

Advertisement

At the time of this post, the price has just moved past the resistance at $1.3, which is likely to act as key support. If the rally is sustained, then the next major target is found at $1.6.

xrp_price_chart_2108263
Source: TradingView

Buy Volume Explodes

After months of consolidation just above $1, buyers are finally back, and the volume has spiked to levels not seen since the February crash. The difference now is that buyers are dominating instead of sellers.

This rally is very strong and has erased most of the losses since the start of the year. If it can manage to claim $1.6 as well, then XRP will make a higher high and officially end its downtrend.

xrp_price_chart_2108262
Source: TradingView

Daily RSI Enters Overbought Zone

This very aggressive buying has pushed the daily RSI above 80. That places it in the overbought area and signals caution for late buyers. Most of the move could be behind us even if XRP does eventually hit $1.6.

Whatever happens going forward, XRP has already made a big statement that could turn the price action bullish for the remainder of the year. Ideally, this cryptocurrency will consolidate and confirm the recent gains before going higher.

xrp_rsi_chart_2108261
Source: TradingView

The post Important Ripple (XRP) Price Update: August 21st appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued

Published

on

xrp logo

XRP price is changing hands at $1.3, up 18% on the day, extending a violent 22% rally that carried the token to $1.26 in a single 24-hour window days earlier, shrugging off bearish prediction. But what’s driving it, and more importantly, where does the smart money rotate once the easy gains are booked?

The rally wasn’t XRP-specific. It traces back to two August 19 announcements: the U.S. Treasury doubling its longer-term bond buyback program to inject market liquidity, and President Trump reiterating his push to make the U.S. a Bitcoin superpower while pressing Congress to pass the CLARITY Act.

Following all the catalysts, the total crypto market cap responded with an 8% jump to $2.5 trillion in 24 hours. XRP simply rode the wave harder than most large-caps.

Advertisement

That macro tailwind explains the spike, but it doesn’t answer whether XRP holds these levels or gives them back. The technical picture underneath the headline number tells a more complicated story.

Discover: The Best Crypto to Diversify Your Portfolio

XRP Price Prediction: Hit $1.50 This Week?

XRP printed an intraday high of $1.32 in the 24-hour session that shook out short leveraged positions. Recent rally analysis points to resistance clustering near $1.30–$1.34, the exact zone price is testing now, while support has shifted up to $1.10–$1.00 after repeated tests of the psychological $1 level earlier this month.

Advertisement

Momentum data, however, shows downside risk toward $0.62 if momentum fails, while Standard Chartered maintains a longer-term $2.8 target, a split that underscores how unsettled sentiment remains even mid-rally.

Xrp (XRP)
24h7d30d1yAll time
  • Bull case: a clean break and hold above $1.34 opens room toward $1.60–$1.80.
  • Base case: consolidation between $1.10 and $1.30 while the market digests the move.
  • Bear case: a fade back below $1.10 invalidates the breakout thesis and re-tests $1.00.

Wave-count analysis suggests the reclaimed $1 level needs to hold as a floor for any of the bullish targets to stay credible.

Trade XRP Market on Kalshi and Get a $25 Signing-up Bonus

Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

A 22% pop validates anyone who bought the dip below $1. But XRP is a multi-billion-dollar asset now, and a repeat of that percentage gain from here requires enormous capital inflow, not just sentiment.

Advertisement

That math is exactly why traders chasing outsized returns increasingly look toward earlier-stage infrastructure plays where the market cap ceiling hasn’t been tested yet. Some of that rotation lands on Ripple’s broader valuation story; some of it lands on presales building the next layer of crypto infrastructure entirely.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with native SVM integration, smart contract execution at speeds it claims outpace Solana itself, while settling back to Bitcoin’s base layer for security.

The presale is priced at $0.013685 and has raised $33 million so far, with staking rewards on offer for early participants. The pitch: solve Bitcoin’s slow, expensive, non-programmable core through a decentralized canonical bridge and low-latency execution layer.

Traders can research Bitcoin Hyper directly before the round progresses further.

Advertisement

Discover: The Best Token Presales

The post XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

Laser Digital Secures Japan Crypto Registration

Published

on

Laser Digital Secures Japan Crypto Registration

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.

All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Source link

Advertisement
Continue Reading

Crypto World

Ethereum Price Prediction: Has ETH Opened the Door to $3K After the Latest Breakout?

Published

on

Ethereum has staged a sharp breakout from its multi-week consolidation, with ETH now trading around $2.4K after reclaiming the descending trendline that had capped the broader recovery. The move is supported by a strong acceleration in momentum and a noticeable rise in short liquidations, although the sharp increase in RSI readings suggests the rally could become vulnerable to a near-term pullback.

Ethereum Price Analysis: The Daily Chart

On the daily chart, ETH has decisively broken above the descending trendline that had been in place for months. The breakout is particularly significant because the price had spent several months consolidating below that resistance while forming higher lows from the June bottom near $1.5K.

The latest surge has carried ETH directly into the $2.1k resistance level, with the price currently testing the $2.4K supply zone. This area represents the immediate test for the breakout. A sustained daily close above the zone would strengthen the bullish structure and could open the way toward $3K and potentially higher.

On the downside, the former breakout area around $2.1K is now the first major support zone. Holding above it would keep the recent breakout structure intact. Below that, the $1.8K region represents another important support area, while the $1.5K zone remains the deeper structural floor.

Advertisement

Momentum has also shifted sharply in favor of the buyers. The daily RSI has jumped above 75, running deep into the overbought area. This does not necessarily invalidate the breakout, particularly during a strong expansion move, but it does increase the probability of consolidation or a retest before another sustained leg higher.

ETH/USDT 4-Hour Chart

The 4-hour chart provides an even clearer picture of the breakout. ETH spent much of the last few months moving sideways before suddenly breaking above the short-term mildly ascending channel and the $2.1K resistance zone.

The breakout was followed by an almost vertical advance toward $2.4K, indicating strong short-term momentum. The $2.1K zone is therefore the key area to watch if the rally starts to retrace. A successful retest of this region as support would provide a healthier confirmation of the breakout.

As observed on the daily chart, the next major resistance sits around $2.4K, where ETH is currently trading. A decisive move above this zone could extend the advance toward higher levels in the upcoming weeks. At the same time, the 4-hour RSI has surged far above 80 and is moving sideways in this region.

Advertisement

That reading highlights just how stretched the immediate move has become. A pullback toward $2.1K would therefore not necessarily be bearish and would likely be necessary for the market to cool down, provided ETH maintains the breakout zone.

Sentiment Analysis

The liquidation chart shows a clear increase in Ethereum short liquidations alongside the latest price surge. Short liquidations have risen sharply toward roughly 28K on the latest spike, following a period in which the metric had remained comparatively subdued.

This suggests that the move above $2K has forced a growing number of bearish positions to close, adding forced buying pressure to the rally. In other words, the breakout appears to have developed a short-squeeze component.

However, the latest liquidation spike is still below several of the much larger liquidation events visible earlier in the chart, including episodes above 40K and 50K. That indicates the current squeeze has been significant but has not yet reached the most extreme levels seen during previous Ethereum rallies.

Advertisement

Overall, the charts favor a bullish interpretation as long as ETH holds the newly reclaimed $2K-$2.1K area. The immediate challenge is whether buyers can sustain momentum above the $2.4J resistance zone. With both the daily and 4-hour RSI heavily overbought and short liquidations accelerating, a temporary cooldown would be unsurprising, but the breakout structure remains constructive unless ETH loses its key support zones.

The post Ethereum Price Prediction: Has ETH Opened the Door to $3K After the Latest Breakout? appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

Flowra launches open orderflow auction for Solana blockspace

Published

on

A person working on Solana block
A person working on Solana block
  • Flowra launches an open auction for Solana blockspace and MEV.
  • Early tests showed a 20.6% increase in compute units per block.
  • Programmable policies give Solana validators more control over blocks.

Flowra has launched an Open Orderflow Auction (OOA), a new block-building framework for Solana designed to introduce greater competition into the network’s maximal extractable value (MEV) market and potentially increase validator revenue.

The Seoul-based blockchain infrastructure company said the system allows registered searchers to compete for transaction inclusion through a transparent auction instead of relying on closed orderflow channels.

Flowra said the approach could improve price discovery while allowing validators to capture more of the value generated by MEV.

Flowra opens Solana block building to competition

The Open Orderflow Auction is intended to create an open marketplace for Solana blockspace, allowing searchers to compete through bids for transaction inclusion.

Flowra’s approach is inspired by competitive block-building models that have emerged on Ethereum.

Advertisement

The company said open bidding on Ethereum has contributed to higher proposer revenue and believes Solana’s high throughput and low-latency architecture could support a similar model.

In early testing on a single validator, a Flowra-enabled setup increased compute units per block by 20.6%.

The validator moved from 84% of the network average to 101%, according to the company.

Flowra also reported higher block fees than comparable validator software, alongside 100% block production and 99.999% block engine uptime during the test.

Advertisement

The results are based on early testing rather than a broader network-wide deployment.

Programmable policies give validators more control

Alongside the auction system, Flowra is introducing Programmable Block Policy, which allows validators to establish their own transaction inclusion policies at the block-building layer.

The company said the feature is designed to provide validators with greater operational flexibility, including the ability to meet regulatory and institutional compliance requirements without modifying the underlying Solana protocol.

Flowra recently announced a collaboration with compliance infrastructure provider Honeypot to bring sanctions and risk screening to this layer.

Advertisement

According to Flowra CEO Harry Hwang, Solana’s technical performance has helped make it a leading blockchain network, but its MEV market remains concentrated.

“By opening block building to transparent competition, we’re creating a more efficient market for blockspace,” Hwang said. He added that the system would give validators greater control over block construction while providing verifiability and auditability.

The company’s architecture separates these block-building policies from changes to the underlying network protocol, according to the announcement.

Flowra targets institutional validators

Flowra is currently onboarding institutional-grade validators to its Open Orderflow Auction, with a broader rollout planned as participation in the Solana ecosystem expands.

Advertisement

The OOA is now available to validators and searchers participating in the Solana ecosystem, although the company did not provide details on the number of participants currently using the system.

Flowra describes itself as a blockchain infrastructure company focused on validator and orderflow solutions for Solana. Its products include validator infrastructure, delegation programs and MEV-related technologies.

The company said its broader objective is to improve transaction transparency, value distribution and incentive alignment among validators, users and builders.

The launch comes as Flowra seeks to apply a more market-based approach to Solana’s block-building process.

Advertisement

Its initial testing suggests potential improvements in block utilization and validator fees, while the Programmable Block Policy adds a mechanism for validators to customize transaction inclusion.

The broader impact of the system will depend on adoption among validators and searchers as Flowra expands its rollout across the Solana ecosystem.

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin and XRP Head for Strongest Weekly Close Since 2024: What’s Next?

Published

on

Bitcoin & XRP Prices Performance. Source: CoinGecko

Bitcoin and XRP are surging toward their strongest weekly closes since 2024, powered by a historic short squeeze and a wave of supportive policy signals from Washington.

On-chain data now adds another layer, hinting this rally could mark more than a temporary bounce.

Bitcoin & XRP Prices Performance. Source: CoinGecko
Bitcoin & XRP Prices Performance. Source: CoinGecko

Bitcoin and XRP Surge as On-Chain Data Flashes a Rare Bottom Signal

The MVRV ratio compares Bitcoin’s current market value to its realized value, the average price at which coins last moved. Sharp vertical rises in this metric have historically preceded major cycle bottoms.

Bitcoin trades above $79,000, up roughly 25% over the past seven days and more than 13% in the last 24 hours, according to BeInCrypto data. Analysts called this the biggest weekly gain since February 2024, adding approximately $280 billion to market capitalization in under five days.

CryptoQuant analyst Crypto Dan flagged the MVRV signal as notable. He described the rebound as the first powerful signal in this bear cycle, echoing patterns seen at the end of previous downcycles.

Advertisement

“Bitcoin’s recent rebound is a signal that has emerged for the first time in this Bear cycle. The MVRV indicator, which measures Bitcoin’s present valuation, is showing a vertical rise. This signal is the very movement that appeared as the bottom range came to an end in every past downcycle. suggesting that the possibility of the market turning from decline to ascent is growing,” Crypto Dan said. Bitcoin (BTC).

Follow us on X to get the latest news as it happens.

Price Analysis. Source: Crypto Dan/CryptoQuant

XRP outperformed even more dramatically. The token changed hands near $1.40, up about 31% on the week and more than 18% for the day, after hovering near or below $1 just days earlier. Analysts called this XRP’s strongest week since November 2024.

A historic short squeeze drove most of the move. Billions in leveraged bearish positions were liquidated as prices broke higher, forcing sellers to buy back coins and accelerating the rally.

The US Treasury doubled long-term bond buybacks, while President Trump voiced support for the CLARITY Act at a White House meeting.

Advertisement
Crypto Market Liquidations - 24 Hours. Source: Coinglass
Crypto Market Liquidations – 24 Hours. Source: Coinglass

What Comes Next for Bitcoin and XRP?

Technical analysts are watching key levels closely. Trader Ted pointed to Bitcoin’s powerful weekly candle, which has smashed through multiple resistance zones.

The next major test lies between $78,000 and $80,000, and a successful reclaim could signal the end of the bearish structure that has dominated since late 2025.

For XRP, analyst ChartNerdTA emphasizes the weekly 20 and 50 EMAs, which are currently trading between roughly $1.20 and $1.50.

A sustained reclaim of those moving averages would mark a genuine macro bullish shift, while failure to hold above them could trigger consolidation or a deeper pullback toward longer-term support.

Advertisement

The short-term momentum looks undeniable, though the market remains volatile. Traders will watch whether the rally transitions from squeeze-driven gains into sustained organic demand, particularly through ETF flows and continued on-chain activity.

A healthy consolidation after such a sharp move would not be unusual and could set the stage for the next leg higher.

Both assets have reminded the market how quickly sentiment can reverse when catalysts align. The coming days will reveal whether this breakout marks the start of a durable recovery or a temporary relief rally.

Advertisement

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights.

The post Bitcoin and XRP Head for Strongest Weekly Close Since 2024: What’s Next? appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

XRP price breaks months-long downtrend with $1.50 in sight

Published

on

XRP 4-hour chart shows a sharp breakout to $1.43 above all major moving averages, with the Awesome Oscillator climbing to 0.2332.

XRP price extended its breakout above $1.40 on Aug. 21 as regulatory optimism, whale accumulation and forced short covering lifted the token from its recent $1.00 floor.

Summary

  • XRP price climbed roughly 20% in 24 hours and reached an intraday high of $1.43.
  • Whales accumulated more than 300 million XRP over 96 hours, according to Ali Charts.
  • The daily Supertrend turned bullish at $1.14 as Chaikin Money Flow rose to 0.17.
  • Liquidation data places the next major pocket of leveraged positions between $1.43 and $1.48.

XRP price action today

According to data from crypto.news, XRP (XRP) price was trading near $1.39 at the time of writing after reaching $1.43. The token gained about 20% over the previous 24 hours, with its daily candle up 9.5% from an opening price of $1.27.

The move marked a sharp reversal from the decline that pushed XRP to approximately $0.99 earlier this week. Buyers first reclaimed $1.10 before driving the price through resistance between $1.18 and $1.26.

Advertisement

Breaking that band accelerated the rally because XRP had traded below it since its June sell-off. The token also cleared its May and July swing highs, ending a sequence of lower highs visible on the daily chart.

The 4-hour chart shows that XRP reached $1.43 before pulling back toward $1.31 and then recovering. Buyers defended the dip, allowing the token to return to the upper $1.30 range.

XRP 4-hour chart shows a sharp breakout to $1.43 above all major moving averages, with the Awesome Oscillator climbing to 0.2332.
XRP price 4-hour chart — Aug. 21 | Source: crypto.news

Momentum has expanded with the rally. The 4-hour Awesome Oscillator rose to 0.2332, its highest reading on the displayed chart, showing that short-term buying pressure remains stronger than the recent price trend.

What is driving the XRP rally?

The recovery followed President Donald Trump’s Aug. 19 meeting with crypto executives, including Ripple CEO Brad Garlinghouse. Trump called on Congress to pass what he described as a “fair version” of the Digital Asset Market Clarity Act.

The proposed legislation would establish a federal framework for digital assets and divide oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Its passage remains uncertain because Senate Republicans would need Democratic support to reach the required 60 votes.

Advertisement

XRP may be particularly sensitive to the debate because Ripple spent years contesting the SEC’s claims over its token sales. A clearer statutory framework could reduce the policy uncertainty facing US exchanges and companies using digital assets, although Trump’s comments do not guarantee that Congress will pass the bill.

Broader liquidity conditions also supported the cryptocurrency market. The US Treasury raised the maximum size of planned buybacks for certain longer-dated government bonds from $2 billion to at least $4 billion per operation. The announcement initially weighed on long-term yields and the dollar, helping high-risk assets attract demand, though Treasury yields later recovered.

XRP-specific buying added to the move. Crypto analyst Ali Martinez, known as Ali Charts, said wallets tracked as whales acquired more than 300 million XRP in 96 hours. His Santiment-based chart showed their combined holdings rising from about 16 billion to nearly 16.3 billion tokens.

Ripple, Clearpool, and Cicada Partners also announced plans to build an institutional lending market on the XRP Ledger. The proposed system would use the RLUSD stablecoin and XRPL’s planned lending and single-asset vault features.

Advertisement

The credit platform is still under development and depends on the relevant XRPL amendments. It should therefore be treated as a future network catalyst rather than active lending volume.

XRP technical indicators turn bullish

The daily chart recorded a bullish Supertrend reversal as XRP crossed $1.14. The indicator had remained bearish throughout most of the token’s decline from above $2.00 in January.

XRP daily chart shows price breaking above the Supertrend at $1.14 and reaching $1.43 as Chaikin Money Flow rises to 0.17.
XRP price daily chart — Aug. 21 | Source: crypto.news

XRP’s daily Chaikin Money Flow also jumped to 0.17. A reading above zero indicates that buying volume is outweighing selling volume, supporting the price breakout with stronger capital inflows.

On the 4-hour chart, XRP trades well above its major moving averages. The 20-period simple moving average has risen to $1.12, while the 50-, 100-, and 200-period averages sit between $1.04 and $1.07.

The wide distance between the market price and those averages confirms the strength of the breakout but also raises the likelihood of short-term volatility. A rapid rally can leave limited support immediately below the price if buyers begin taking profits.

Advertisement

The first support area sits between $1.34 and $1.35, where XRP consolidated after its initial spike. A deeper pullback could test $1.26, the upper boundary of the former resistance range.

The daily Supertrend level near $1.14 represents the broader bullish invalidation zone. Losing that level would place XRP back below its breakout structure and raise the risk of a decline toward the clustered moving averages around $1.04–$1.07.

Liquidation map points to $1.48

CoinGlass’s three-day XRP liquidation heatmap shows that price advanced through several clusters of short liquidation leverage between $1.10 and $1.40. Those forced closures likely added buying pressure as bearish traders repurchased XRP to cover their positions.

XRP three-day liquidation heatmap shows price rising toward leveraged position clusters at $1.43–$1.48, with lower liquidity near $1.34 and $1.20–$1.22.
Ethereum liquidation heatmap | Source: CoinGlass

Remaining liquidity is concentrated above the market around $1.43–$1.45, followed by another band near $1.47–$1.48. A clean move above the intraday high could draw XRP toward those levels as exchanges close additional leveraged shorts.

The heatmap also shows large liquidity bands below the price. The closest clusters sit near $1.34, $1.29, and $1.26, while a heavier concentration appears between $1.20 and $1.22.

Advertisement

Markets often move toward areas containing dense leveraged positions, but a liquidation map does not determine direction. If XRP fails to break $1.43, long positions opened during the rally could instead face pressure on a retreat toward the lower clusters.

Can XRP hold the breakout?

A daily close above $1.40 would strengthen the bullish case and leave $1.48 as the next technical and liquidity target. Clearing that zone could open a move toward $1.50, a psychological level that also contained several price reversals earlier in 2026.

The rally still carries downside risks. XRP has moved more than 35% from its weekly low in a short period, while the White House catalyst depends on a bill that remains subject to difficult Senate negotiations.

Continued whale accumulation, positive money flow, and support above $1.26 would provide stronger evidence that the advance is more than a short squeeze. Failure to hold that former resistance zone would expose $1.20 and, eventually, the daily Supertrend level near $1.14.

Advertisement

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Advertisement

Source link

Continue Reading

Crypto World

The hard truth is that the Clarity Act is an anti-crypto bill

Published

on

The hard truth is that the Clarity Act is an anti-crypto bill


After years of stalled bills, misguided enforcement, and catastrophic collapses, almost any comprehensive crypto legislation began to look like progress. But Clarity is turning that hunger for progress into a political trap, argues Berkeley Law lecturer Hermine Wong.

Source link

Continue Reading

Crypto World

Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs

Published

on

Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep


Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised wallet safe.

Source link

Continue Reading

Crypto World

Justin Sun and WLFI clash on arbitration hearing verdict

Published

on

Justin Sun and WLFI clash on arbitration hearing verdict

Yesterday’s arbitration motion hearing between Justin Sun and World Liberty Financial (WLFI) is being hotly contested by both the Tron billionaire and WLFI’s CEO Zach Witkoff.

The federal court hearing in California stems from Sun’s April lawsuit that accuses WLFI of fraud and breach of contract when it froze his tokens with alleged undisclosed blacklisting powers. 

Sun says hearing was a ‘significant win’ 

Sun claimed on X that a judge ruled his case and “individual claims” would go to court, calling the apparent development a “major victory.”

He said that the judge “rejected World Liberty’s argument that all of the company-related claims should be arbitrated, and has ordered the parties to meet and confer about which of those claims should remain in court and which should go to arbitration.”  

Advertisement

All this, Sun said, was despite WLFI’s efforts to force “secret arbitration proceedings.”

Witkoff says Sun is lying

Hours later, Witkoff said WLFI never wanted Sun’s “individual claims” to go to arbitration and that they wanted them dismissed entirely. 

Advertisement

He said that the court is yet to rule on the outcome of these claims, completely contradicting Sun’s description of the hearing, which Witkoff described as “riddled with falsehoods.”

Read more: WLFI token falls 18% as governance vote branded a ‘scam’

Additionally, Witkoff claims the court sided with WLFI and agreed that many of Sun’s other claims must go to arbitration. He said, “Even Sun’s lawyers had to concede in the courtroom that these claims do not belong in court.”

Advertisement

Justin Sun is allegedly avoiding other lawsuit proceedings

To top it off, Witkoff alleges that Sun is “actively avoiding” legal proceedings regarding the separate lawsuit WLFI filed against him in Florida.

Court documents on the outcome of yesterday’s hearing are yet to be published online. It’s unclear when the parties will meet next to discuss the arbitration motion.  

Sun says WLFI can’t afford to lose lawsuit

Sun also alleged that WLFI likely can’t afford the hundreds of millions of dollars in damages if they lose the lawsuit. 

Read more: Trump’s World Liberty Financial sues its advisor Justin Sun

Advertisement

He highlighted that WLFI’s deposit of almost 5 billion WLFI tokens with Dolomite, and legal proceedings regarding Dough Finance litigation, raise doubts about whether WLFI has “enough money to satisfy a judgment, repay their debts, or make investors whole if there is a run on the bank.”

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

Advertisement

Source link

Continue Reading

Trending

Copyright © 2025