Ethereum News Official TheBitTimes.com

Amsterdam, Netherlands, August 21st, 2025, PlayNewswire The WhalePlay team is creating a globally connected, entertaining casino experience that blends fair play, immersive technology, and community-driven engagement. The platform will progressively roll out high quality betting offerings on top of an enhanced gamified experience subsequent to its beta launch planned for the fall of this year. The Beta launch will be open to users who have pre-registered on WhalePlay.com and gives early access to the initial phase of the platform.  WhalePlay is committed to becoming the next-generation online betting platform, bringing together proprietary technology, a team with over 30+ years of iGaming experience, and industry world-leading partners including Sportradar and Blue Ocean Gaming . Sportradar will be powering WhalePlay’s platform in a partnership that will shape the future of iGaming. By leveraging Sportradar’s NextGen solution, an omnichannel iGaming platf...

Two nations from the Eurasian Economic Union (EAEU) have settled trade worth 9 trillion rubles, equivalent to $112 billion. Payment settlements have been initiated in national currencies, with the ruble being the primary currency used. This marks a significant shift in global trade where the US dollar is taking a backseat in cross-border transactions. EAUE countries are driving de-dollarization forward by pushing national currencies forward and sidelining the USD for payment settlements. Also Read: Morgan Stanley Calls Nvidia (NVDA) Underowned: Invest Now? EAUE Countries: Russia & Kyrgyzstan Pay $112 Billion in National Currencies Source: intermol.su Russian Prime Minister Mikhail Mishustin confirmed that trade between EAUE countries is settled in national currencies, not the USD. The settlements were imitated in the first five months of 2025 alone, indicating a surge of 6.8% from last year. This is “a significant boost to mutual trade,” said Mishustin during a meeting with...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin’s dominance in the cryptocurrency market has slipped below 60%, and a rare Death Cross pattern has now formed on the dominance chart.  As of August 19, Bitcoin dominance stands at 59.71%, with the 50-day moving average crossing beneath the 200-day, a move that traditionally signals waning strength in the underlying trend. Bitcoin dominance chart. Source: Finbold/TradingView Rather than focusing on Bitcoin’s price itself, dominance measures the share of total crypto market capitalization captured by BTC compared to altcoins. When dominance trends lower, it reflects capital rotation into alternative assets, often coinciding with periods of relative outperformance in Ethereum and other large-cap tokens. Over the past three months, Bitcoin dominance has fallen sharply from highs above 64%, dragged lower by accelerating altcoin inflows and profit-taking after BTC’s mid-year rally. Volumes accompanying this decline remain elevated, with $70.6 billion traded over ...

Over the weekend, there was a rush for the exits from the world’s largest Proof-of-Stake blockchain. As of 20:00 UTC Sunday evening, staters queued up 893,599 ether (ETH) to unstake their $4 billion out of the Ethereum network . Ethereum limits the quantity of ETH that may unstake per 6.4 minute epoch. If more ETH is being unstated than what can be processed in the upcoming epoch, extra ETH must wait in queue. As of 2:00 UTC Sunday morning, Ethereum’s unstaking wait time also lengthened to its worst validator queue in history: 15.5 days. Source: ValidatorQueue.com There was one leading explanation for the lengthy, multi-billion dollar queue.  ETH staking within US ETFs According to one observer, the SEC is imminently ready to approve ETH staking within US spot ETFs. US residents who previously staked their ETH via Coinbase or a staking pool like Lido would soon have the option of easily earning staking rewards within publicly-traded ETFs. Someone else c...

New research from top US-based crypto exchange platform Coinbase reveals the crypto markets are signaling a potential rotation from Bitcoin (BTC) to altcoins. In its new monthly outlook newsletter, Coinbase says Bitcoin’s market dominance is waning, an early signal that investors are about to rotate to altcoins, a move predicted to happen by September. “Bitcoin’s market dominance has declined from 65% in May 2025 to approximately 59% by August 2025, signaling the early stages of capital rotation into altcoins. CoinMarketCap’s Altcoin Season Index currently sits in the low 40s, well below the 75 threshold by which they historically define alt seasons, even though the altcoin market cap has climbed over 50% since early July to $1 trillion as of August 12. We think that current market conditions have started to signal a potential rotation into a full-scale altcoin season as we head into September.” Data from TradingView reveals Bitcoin...

The crypto market tumbled 2% amid confusing comments by Treasury Secretary Scott Bessent and hotter-than-expected US Producer Price Index data for July, sending Bitcoin, Ethereum and XRP lower. After touching a new all-time high (ATH) of $124,128 just a day ago, the BTC price dropped 2.4% in the past 24 hours to trade at $118,793 as of 5:55 a.m. EST. ETH fell 1.8%, taking a breather from its recent soaring rally to trade at $4,635, while XRP tumbled 3.7% to $3.12. CoinGlass data shows over $932 million was liquidated in the last 24 hours. Crypto Prices Tumble After Troubling US PPI Report The July Producer Price Index (PPI) rose 0.9%, way above analyst expectations. Core PPI, which does not include food and energy, also surged 0.9%, soaring past the expected 0.2%. That shook investors, who fear it reduces the odds that the Federal Reserve will cut interest rates in September.  CRYPTO PRICES FALL AFTER U.S. PPI DATA Cryptos fell after stronger-than-expected U.S. whole...

LABUAN, Malaysia, August 14, 2025 – Mintfunnel, a Coinbound Company / NexStox, a pioneer in the digital asset space, today announced it has been granted a Labuan Exchange license by the Labuan Financial Services Authority (LFSA). This license marks a significant milestone for the company, positioning it as one of five Labuan-licensed and regulated platforms for trading tokenised real-world assets (RWAs) . Regulatory Milestone Enhances Market Trust The license provides a clear regulatory framework, which NexStox believes will address key concerns around investor protection and market integrity , thereby accelerating institutional and retail adoption of digital securities . “This license is a testament to our unwavering commitment to building a compliant and secure digital exchange ecosystem,” said Cathal Donnellan , President of NexStox. “By operating within a regulated environment, we are not only protecting our users but also creating the trust needed f...

Bitcoin (BTC) has yet again climbed to a new all-time high. The original cryptocurrency hit a new peak of $124,128 earlier today, Aug. 14, 2024. According to companiesmarketcap.com BTC data, Bitcoin’s market cap has overtaken Google to become the 5th largest asset in the world. BTC is only bested by Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), and gold. From being an obscure “internet” money to becoming one of the most valuable entities in the world, Bitcoin has come a long way in a very short time. Source: Companiesmarketcap.com Will Bitcoin Continue To Rise After Overtaking Google? BTC’s latest rise is likely due to the positive Consumer Price Index (CPI) numbers for the month of July. The lower CPI figures have led to high expectations for an interest rate cut next month. The CME FedWatch tool has increased its chances of a 25 basis point interest rate cut in September to 94.8%. If the Federal Reserve cuts interest rates, BTC and the larger crypto market may...

India could advance the de-dollarization agenda and procure Nigerian oil and settle payments in their local currency, the naira, according to a latest de-dollarization report from Firstpost Africa. The report also claims that Indian refiners, especially Indian Oil, have placed orders for Nigerian oil, and over 2 million barrels are expected to reach Indian shores next month. However, the Modi government has not gone all-in on procuring crude from Nigeria. If India fully decides to buy Nigerian oil, it will have to pay the naira and not the US dollar. The Nigerian government announced last year that oil and energy payments must be settled in the naira, and refiners must not accept the USD. This would make India inadvertently push de-dollarization if it intends to buy Nigerian oil and pay in naira. The global oil trade is shifting fast, and supply chains and policies are being redrawn. Also Read: Historic BRICS Loan Worth $2 Billion in Yuan Disbursed to Australia De-Dollarization Growing...

When asked to identify the three cryptocurrencies it would hold indefinitely, OpenAI’s latest large language model, ChatGPT-5, opted for a mix of established leaders and critical infrastructure assets: Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK). The inclusion of Chainlink marks a shift from a previous shortlist in which the AI selected Remittix (RTX), an emerging cross-border payments token praised for its low-cost transactions and deflationary tokenomics.  While RTX remains a niche contender, ChatGPT-5 ultimately replaced it with LINK, citing its essential role in blockchain interoperability and real-world data integration. ChatGPT picks Bitcoin as the “bedrock” Bitcoin, currently trading at $119,091 and up 99.85% over the past year, was described as the “bedrock” of any long-term portfolio.  With institutional demand for spot  Bitcoin ETFs at record levels and the 2024 halving constraining supply, the AI pointed to BTC’s fixed issuance and g...

Shares in Michael Saylor’s Strategy (MSTR) are booming on Monday, as the company’s unrealized Bitcoin profit has hit $30 billion. The Saylor-led business intelligence company is one of the largest institutional investors in the top cryptocurrency asset, and has thrown millions into investing in the coin over the last few years. The Bitcoin formula led by Saylor has attracted many companies to follow similar strategies, as well as investors to Strategy. At press time, MSTR shares are up over 200% in the past year and over 2,900% in the last five years. The company has raised billions to fund more Bitcoin purchases in the last year alone. Since the start of 2025, Strategy has purchased over $43B in BTC . Most recently, Saylor’s company acquired 155 BTC for $18 million, with total holdings reaching 628,946 BTC. As a result, Strategy stock (MSTR) is up 3.9% on Monday. Saylor took to X to reach out to shareholders and the wider crypto community about the latest Bitcoin purc...

Bitcoin (BTC) has had a rather bullish weekend, and the momentum continues on Monday, August 11. Namely, the world’s largest cryptocurrency surged 3.6% in 24 hours, pushing past $122,000 and almost approaching its all-time high (ATH) of $123,091. What’s more, Bitcoin saw 364,126 new addresses created on Saturday, August 9, the highest number in a year, as per Glassnode data reported by Ali Martinez. New Bitcoin addresses. Source: Ali Martinez (@ali_charts) A new Bitcoin all-time high? Bitcoin’s performance over the past couple of days is largely due to speculation regarding the new U.S. inflation data scheduled for release later this week.  As July inflation is expected to grow, “digital gold” is increasingly being viewed as a safe-haven asset. Polymarket , a cryptocurrency-oriented prediction market, also shows a 40% probability of two September Fed cuts. What’s more, crypto strategist and analyst Benjamin Cowen notes that Bitcoin has historically gai...

In the past week, Chainlink LINK has surged by over 15%. The rally has prompted analysts to revise and heighten their price forecasts for the altcoin. One particular price prediction for LINK has the asset beating out its current all-time high of $52.88 in the next bull cycle. That would require the asset to climb a steep 60% from its current price, a tough but still possible task. Notable crypto analyst Javon Marks predicts that LINK will move up to about $47.15 and ultimately to $88.26 in the long term. In a recent Analysis , Marks says that LINK is set to break out of a long-term descending resistance trendline. Its recent price points signal that the asset is setting higher-lows. Its upward climb in the past month (+37%) signals that the trend may continue, setting up a test of its current ATH in the coming months. Furthermore, per Marks, LINK has also formed a Cup and Handle structure. This is generally considered a bullish long-term pattern for cryptocurrencies. If LINK maintains...