Rakbank Introduces AED-Based Crypto Trading for UAE Clients
Rakbank, officially known as the National Bank of Ras Al Khaimah, has set a notable precedent in the UAE by becoming the first conventional bank in the country to offer crypto trading services to retail customers. This move highlights a significant shift in the banking sector within the region, reflecting the increasing integration of cryptocurrencies…
Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show
Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally…
Stablecoin Google Searches Hit All-Time High as GENIUS Act Fuels $272B Market Surge
Global interest in stablecoins has hit unprecedented levels, with Google searches for the term “stablecoins” reaching an all-time high in July 2025. This spike follows the recent passage of the Guiding and Empowering Nation’s Innovation for US Stablecoins (GENIUS) Act on July 18, signaling a pivotal shift in regulatory clarity and institutional confidence in the…
Bitcoin Price Holds Steady – Range-Bound Action Dominates Price Chart
Bitcoin price is still holding the $117,250 support zone. BTC is consolidating and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a downside correction from the $120,000 zone. The price is trading below $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with…
Bitcoin Buying Spree Ends On Coinbase: Temporary Pause Or Trend Shift?
Data shows the Bitcoin Coinbase Premium Gap recently broke its longest ever streak of positive values. Here’s what this could mean for the market. Bitcoin Coinbase Premium Gap Turned Negative Recently In a new Coinbase Premium Gap” refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD…
Ethereum Price Poised for a Comeback – Is Another Rally on the Horizon?
Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000. Ethereum started a fresh increase above the $3,840 and $3,880 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with…
Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?
As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has…
XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?
XRP price started a downside correction below the $3.20 zone. The price is now attempting a recovery and might aim for a move above the $3.180 level. XRP price started a fresh pullback below the $3.20 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break above…
Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin
Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and…
Ethereum Soars on $1.9B Inflows and ETF Optimism as BlackRock and SharpLink Double Down
Ethereum (ETH) is once again at the center of investor attention, pulling in a staggering $1.59 billion in inflows over the past week. This marks the second-largest weekly inflow in Ethereum’s history, amid growing optimism that U.S. regulators will soon approve a spot Ethereum ETF. Overall, digital asset investment products attracted $1.9 billion, marking 15…