Crypto News

UNI rebounds to $9.24 (+3.14%) after testing $8.35 support, but bearish MACD signals suggest caution ahead despite Uniswap v4's $1B TVL milestone. (Read More)Source link

Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines,Source link

SOL trades at $162.00 (+0.95% today) near crucial support levels as post-rally consolidation continues despite positive ecosystem developments. (Read More)Source link

XRP surged 6% during the 24-hour trading window from August 3 at 03:00 to August 4 at 02:00, rising from $2.83 to a high of $3.03 before closing at $3.00. The rally was driven by strong breakout momentum and institutional flows, with trading volumes exceeding 110 million during peak hours. However, the move was capped by heavy selling at the $3.03 level, where profit-taking sparked a reversal that erased part of the gains.What to KnowXRP climbed from $2.83 to $3.03, before settling at $3.00Trading volumes peaked at 109–110 million versus a 24-hour average of 52.2 millionResistance was confirmed at $3.00–$3.03 following institutional sellingKey intraday breakouts occurred at $2.87, $2.92, and $2.97News BackgroundThe move comes amid a broader altcoin rally, as...

XRP is rapidly emerging as the backbone of tokenized financial markets, with Ripple’s CTO spotlighting its real-time liquidity, cross-border agility, and unmatched settlement scalability. Ripple CTO Highlights How XRP Powers Scalable Settlement in Tokenized Markets Ripple Chief Technology Officer David Schwartz addressed XRP’s strategic function in global asset settlement in a post on social mediaSource link