Latest news with #ETH
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Business Standard
3 hours ago
- Business
- Business Standard
Bitcoin slips to monthly low as Israel-Iran conflict spooks investors
Bitcoin price today, Friday, June 20, 2025: The ongoing geopolitical conflict in the Middle East between Israel and Iran, compounded by the US Federal Reserve's decision to hold interest rates, has pushed the flagship cryptocurrency Bitcoin to its lowest level this month, touching $103,940. Bitcoin, analysts said, is in a phase of consolidation due to global macroeconomic uncertainty. Bitcoin was trading at around $104,714.58, down 0.20 per cent, with a 24-hour volume of $36.34 billion, as of 11:40 AM on Friday, according to data from CoinMarketCap. The bellwether cryptocurrency recorded a 24-hour low of $103,940.78 and a high of $105,104.40. Bitcoin is currently 6.79 per cent lower than its peak of $111,970.17, scaled on 22 May this year. Bitcoin faces restistance at $106,200 levels Bitcoin, Edul Patel, Co-founder and CEO of Mudrex, said, remains in a consolidated range due to global macroeconomic uncertainty. Geopolitical tensions in the Middle East, combined with the US Federal Reserve's decision to hold interest rates, Patel believes, have led to a risk-averse stance in the market. "Despite holding above the critical $100,000 level for over 40 days, Bitcoin continues to see muted trading activity, showing limited buying pressure. Bitcoin hasn't acquired enough strength to make a strong move," said Patel. For Bitcoin, Patel sees immediate support at $102,400, while key resistance is forming near $106,200. Meanwhile, Himanshu Maradiya, Founder & Chairman of CIFDAQ, believes that the consolidation in the crypto market is due to microeconomic pressure. "The Fed's unchanged rates and lowered growth projections have investors cautious. Still, signs of structural adoption are strong. Coinbase and Circle stocks are soaring, driven by rising stablecoin and blockchain demand," said Maradiya. "Public companies are diversifying into Hyperliquid, and Eigencloud's a16z-backed launch signals the growing power of restaking and modular crypto infrastructure." Ethereum and other altcoins trade lower Meanwhile, Ethereum (ETH), the world's second-largest cryptocurrency by market capitalisation, was also following a similar trajectory. At last check, it was quoted trading at $2,507.62, down 0.76 per cent. Ethereum has fluctuated in the range of $2,486.10 to $2,544.83 in the last 24 hours. Among other popular cryptocurrencies, Hyperliquid (HYPE) was trading lower by 6.67 per cent, Ripple (XRP) by 2.67 per cent, Solana (SOL) was down 2.6 per cent, Cardano (ADA) was trading lower by 2.59 per cent, and Binance Coin (BNB) was trading lower by 0.46 per cent.
Business Upturn
8 hours ago
- Business
- Business Upturn
BAY Miner Launches Next-Gen Mobile Crypto Mining App with Multilingual Support to Drive Global Adoption
Miami, Florida, June 19, 2025 (GLOBE NEWSWIRE) — BAY Miner has officially announced the launch of its new mobile mining application along with a major multilingual platform upgrade, marking a significant step in its global expansion strategy. The new rollout is designed to unlock greater potential for users worldwide by offering a more accessible, efficient, and transparent mining experience, regardless of location or language. This update comes at a time when the global focus on blockchain infrastructure continues to grow. As of mid-June, Bitcoin (BTC) has remained stable around $105,000, while Ethereum (ETH) holds near $2,500, supported by sustained ETF inflows. Meanwhile, mainstream crypto assets like XRP, Dogecoin, and Litecoin are regaining investor interest, fueled by renewed community engagement, recovering market sentiment, and advancements in mining technologies. By reducing barriers to entry, BAY Miner aims to empower a broader range of digital asset users to tap into the potential of decentralized computing and participate in the evolving mining ecosystem. BAY Miner has launched its official mobile app for iOS and Android, featuring support for 10 languages and multiple cryptocurrencies, unlocking new potential for global users to engage in crypto mining with ease. The recent platform upgrade offers key features such as: Real-time hashrate and revenue tracking Smart mining contracts that adapt to real-time market trends A visualized revenue chart dashboard for clear performance insights Multilingual interface supporting English, Japanese, Arabic, Spanish, German, Russian, Portuguese, French, Korean, and Italian Mining support for BTC, ETH, LTC, and DOGE This mobile app and platform enhancement are designed to broaden accessibility and empower users worldwide to tap into the full potential of decentralized crypto mining. How does BAY Miner realize profits? After the user selects a contract on the BAY Miner platform, the system will automatically distribute computing power to multiple data centers around the world for calculation. Based on the difficulty coefficient of the currency selected by the user and the distribution of network computing power, the platform will settle the income daily and record it in the form of smart contracts. All data can be verified on the chain to ensure transparency and traceability. How to join BAY Miner? Joining BAY Miner is very simple. You can start experiencing global crypto mining services in just a few steps: 1. Visit the official website Open and click ' Sign Up '. 2. Create an account Enter your email address and username, set a login password and payment password (create a password that is both secure and easy to remember). 3. Log in to the control panel Log in to the BAY Miner user control panel with your email address and password. 4. Choose a mining plan Browse the various mining contracts provided by the platform, supporting BTC, ETH, LTC, DOGE, and other currencies, and choose the right plan according to your budget and goals. 5. Activate and start mining Mining will start automatically after the contract takes effect, and you can view the computing power operation status, income data, and market trends in real time. 6. Download the mobile application (optional) For more convenient management at any time, please install the BAY Miner mobile app now BAY Miner's future development direction BAY Miner plans to launch the following new features in the second half of 2025: Cloud wallet integration to improve settlement flexibility. Mining community embedded system to enhance user interaction and experience exchange. ESG energy-saving tracking module to strengthen the display of green mining impact indicators. About BAY Miner BAY Miner is a platform service provider focusing on cryptocurrency mining infrastructure, dedicated to providing transparent, efficient, and compliant cloud computing solutions to users around the world. The platform supports mining of multiple currencies such as BTC, ETH, LTC, DOGE, etc., combining distributed nodes, an intelligent configuration engine, and real-time data visualization to create a user-friendly mining experience. It provides a multi-language interface and mobile applications to lower the threshold for participation. Contact Information For more details, please visit the website: or click to download the mobile app Email: [email protected] Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Time of India
13 hours ago
- Business
- Time of India
Cryptocurrency Live News & Updates : Ethereum Reserves Reach 1% Amid Corporate Growth
20 Jun 2025 | 04:00:12 AM IST Anthony Scaramucci, founder of SkyBridge Capital, predicts that Solana (SOL) will eventually surpass Ethereum (ETH) in market capitalization, although he did not specify a timeline. In recent developments, Anthony Scaramucci of SkyBridge Capital has expressed confidence that Solana could outpace Ethereum in market value, reflecting his deep understanding of the cryptocurrency landscape since entering in 2020. Meanwhile, OKB, the utility token of the OKX exchange, has seen a remarkable 13% surge, breaking the $54 mark, driven by whale accumulation and the exchange's U.S. expansion. This surge is notable amid a generally flat market for major cryptocurrencies. Additionally, Elon Musk is working on transforming X into a comprehensive super app that may include investment and trading features, potentially reshaping how users interact with digital assets. In a different realm, Donald Trump's company has reduced its stake in WLFI, which could yield substantial profits, while Mexican billionaire Ricardo Salinas remains bullish on Bitcoin, suggesting it could surpass gold's $16 trillion market value. These narratives highlight the dynamic and evolving nature of the cryptocurrency market, with significant movements and predictions shaping the landscape. Show more
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Business Standard
a day ago
- Business
- Business Standard
Bitcoin fluctuates in narrow band as Fed's rate pause keeps markets on edge
Bitcoin price today, Thursday, June 19, 2025: The flagship cryptocurrency Bitcoin (BTC) is trading in a narrow range between $103,600 and $105,500 after US Federal Reserve Chairman Jerome Powell announced to keep the interest rates unchanged at 4.25 per cent–4.50 per cent, with a hawkish stance, citing inflation concerns. Analysts said that the markets had already priced in the US Fed's decision and expect Bitcoin to consolidate near current levels. Bitcoin was trading at around $104,996.65, down 0.41 per cent, with a trading volume of $48.34 billion, at 11:37 AM on Thursday, June 19, 2025, according to data from CoinMarketCap. The bellwether currency has fluctuated in the range of $103,602.26 - $105,542.84 in the last 24 hours. Bitcoin's market capitalisation was recorded at $2.08 trillion, cementing its position as the world's largest cryptocurrency by market value. Bitcoin to consolidate at current levels Vikram Subburaj, CEO of Giottus Crypto Platform, believes that there is a strong likelihood for Bitcoin to consolidate at current levels and undergo a short squeeze towards $109,000. "Bitcoin currently sits just below a Fair Value Gap zone, with resistance flagged at $106,179 and $108,046. The downside risk for Bitcoin this weekend remains limited after its drop earlier in the week," Subburaj said. Meanwhile, Edul Patel, Co-founder and CEO of Mudrex, on the other hand, remains optimistic and said, "Despite short-term pressure from macroeconomic and geopolitical factors, Bitcoin remains resilient near key support levels." Notably, Bitcoin ETFs have recorded eight consecutive days of inflows totaling over $2.2 billion, reflecting strong institutional interest. "With continued demand, Bitcoin could soon attempt the resistance at $106,500, while support holds firm around $103,000," said Patel. It is worth noting that Bitcoin is currently trading nearly 6.27 per cent lower from its peak of $111,970.17 scaled on May 22 this year. Ethereum and other altcoins trade lower Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, slipped briefly below the $2,500 mark but regained it and was holding above it. Last checked, it was quoted at $2,520.77, down 0.71 per cent, with a trading volume of $19.46 billion. ETH swung in the range of $2,469.05 - $2,546.77 over the past 24 hours. Among other popular cryptocurrencies, Hyperliquid (HYPE) was trading lower by 7.37 per cent, Cardano (ADA) was trading lower by 2.71 per cent, Solana (SOL) was down 1.71 per cent, Binance Coin (BNB) dropped 1.24 per cent, and Ripple (XRP) was down by merely 0.05 per cent. Meanwhile, the US dollar-linked stablecoin Tether was trading flat at $1.
Business Insider
a day ago
- Business
- Business Insider
Best Bybit alternatives 2025: Why BYDFi is the top pick for high-leverage perpetual traders
As the cryptocurrency market matures in 2025, seasoned traders are looking for platforms that combine powerful tools, flexible leverage, strong security, and regulatory credibility. If you're on the hunt for the best Bybit alternative exchange, BYDFi tops the list—especially for those who trade high-leverage perpetual contracts. BYDFi: A Powerhouse Bybit Alternative Built for the Modern Trader Launched in 2020 and rebranded in 2023, BYDFi (short for 'BUIDL Your Dream Finance') has quickly grown into one of the most respected global platforms in the crypto space. With users across 190+ countries and accolades like Forbes' Top 10 Crypto Exchanges (2023), BYDFi is no longer just an up-and-coming name—it's a serious competitor to platforms like Bybit. What makes BYDFi the ideal Bybit alternative exchange? The answer lies in its suite of innovative features: up to 200x leverage on perpetual contracts, intuitive copy trading, a massive selection of tradable assets (700+ coins), and the recent addition of MoonX—its own on-chain trading tool for Web3 markets. Unmatched Leverage, Deep Liquidity, and More with BYDFi Perpetuals BYDFi's edge lies in its perpetual contract offerings. With 200x leverage—outperforming Bybit's typical 100x or 125x—BYDFi allows traders to capitalise on market volatility with greater flexibility. More than 400+ USDT-M and Coin-M perpetual pairs are supported, giving users access to both major tokens and fast-moving altcoins. What's new in 2025? This upgrade makes BYDFi an essential platform for both pro-level traders and ambitious beginners aiming to grow their portfolios through strategic leverage. Not Just Trading—It's a Full Ecosystem for Growth 🌐 Spot & Perpetual Trading for 700+ Cryptos Trade leading coins like BTC, ETH, XRP, DOGE, and emerging 100x gems you won't find elsewhere. Whether you're buying the dip or scalping on leverage, BYDFi covers the full spectrum of trading strategies. 🔄 Industry-Leading Copy Trading Copy the moves of top-performing traders with as little as $10. This feature makes BYDFi extremely accessible, especially for users just starting out or looking to automate profits. ⚙️ Smart Trading Bots and Strategies From grid trading to Martingale, BYDFi offers tools that automate trades based on pre-set logic. These bots help you manage risk, avoid emotional trading, and maintain profitability in volatile markets. 🧪 Risk-Free Demo Trading All users receive 50,000 USDT in a demo account, allowing them to practice real-world trading strategies without the stress of losing capital. Committed to Security and Compliance BYDFi takes regulation seriously. It holds dual MSB licenses in the U.S. and Canada, and in 2024 it joined South Korea's CODE VASP Alliance, reinforcing its focus on responsible crypto innovation. User funds are safeguarded via: Cold wallet storage Multi-party transaction approvals Segregated user accounts Strict withdrawal whitelisting To further strengthen its security infrastructure, BYDFi partnered with Ledger in early 2025 to launch a co-branded hardware wallet, offering unmatched safety for digital assets. BYDFi MoonX: Web3 Trading Made Easy April 2025 saw the launch of MoonX, BYDFi's Web3 trading tool tailored for the Memecoin boom and DEX trading. Supporting both Solana and BNB Chain, MoonX marks a new era where CEX efficiency meets DEX freedom—giving traders the best of both worlds. Simple Onboarding and 8,100 USDT in Welcome Rewards Getting started on BYDFi is fast and beginner-friendly: Create your account and verify email. Enable 2FA for enhanced security. Fund your account via credit/debit card, bank transfer, or crypto wallet. Access spot, futures, and copy trading—backed by strategy bots and live analytics. 🎁 New users can earn up to 8,100 USDT in rewards just by completing simple onboarding tasks. Visit the BYDFi Welfare Center to start collecting bonuses. If you're seeking a trading platform that pairs deep liquidity, 200x leverage, full-featured trading tools, and uncompromising security, BYDFi stands tall as the best Bybit alternative exchange this year.
