Crypto News
HKMA Reports Stable Credit Conditions for Hong Kong SMEs in Q2 2025
The Hong Kong Monetary Authority's survey reveals stable credit conditions for SMEs in Q2 2025, with a slight decline in perceived ease of credit approval. (Read More)Source link
Cryptoquant: Third Profit-Taking Wave Mirrors Past Cycles, Hints at Future Breakout
Cryptoquant data reveals bitcoin is undergoing its third significant profit-taking wave of the 2023–2025 bull market, typically followed by a consolidation phase before new highs. Post-Profit Consolidation Expected for Bitcoin, Ethereum According to a Cryptoquant Institutional Insights report, this wave emerged after bitcoin ( BTC) surpassed $120,000 in late July 2025. It mirrors prior profit-takingSource link
BONK Sinks 5% as Institutional Liquidation Intensifies
BONK, the Solana-native meme cryptocurrency, declined nearly 5% over the last 24 hours, sliding from $0.000028 to $0.0000266. Price rejection near $0.000029 during the 16:00 hour was supported by elevated transaction volume of 764.44 billion tokens, a signal of aggressive distribution from larger holders, according to CoinDesk's technical analysis data model.Support attempts at $0.000026 were bolstered by spikes in trading activity above 1.17 trillion tokens during the midnight and 08:00 UTC intervals, but these inflows proved insufficient to reverse the broader downward trend. The selloff continued during the European. afternoon, with BONK falling 3% intraday from $0.000026 to $0.0000254, led by volume spikes above 59 billion tokens at 13:54 UTC. This breakdown from the $0.000026 floor has now created a...
Bitcoin, Ethereum Sink as Tariff Gloom Tops Rate Cut Optimism
Traders grew more confident that the Federal Reserve will cut interest rates next month after a weaker-than-expected jobs report.Source link
EigenDA V2 Launches on Ethereum Mainnet with 100 MB/s Throughput
EigenDA V2, a data availability solution, debuts on Ethereum's mainnet, boasting a 100 MB/s throughput, marking a significant milestone coinciding with Ethereum's 10th anniversary. (Read More)Source link