Audiera (BEAT) extended its rally by 86.7%, breaking the $4 resistance and reaching a 7-month high of $4.359, with market cap surpassing $1 billion and trading volume up 124%. This surge was driven by strong speculative demand, as indicated by rising open interest and bullish trader ratios. However, despite the price increase, on-chain activity remained weak and selling pressure increased, signaling structural market weakness. The altcoin's Relative Strength Index entered overbought territory, suggesting a potential reversal. If bullish momentum fades, BEAT could see a sharp decline to $1.5, but if bulls maintain control, it may target $5 next.
Meta, led by Mark Zuckerberg, plans to begin production of its in-house Iris AI chip in September. This move is part of Meta's strategy to double its computing capacity to 14 gigawatts, enhancing its AI and data processing capabilities. The new chip ...
Ethereum's promise of becoming deflationary through transaction fee burning (ultrasound money) worked briefly after the 2022 Merge but collapsed after the March 2024 Dencun upgrade shifted activity to cheaper layer-2 rollups. This caused the daily ET...
Solana's price is stabilizing near the crucial $74 support level as selling pressure from the meme-coin launchpad Pump.fun offsets growing demand driven by USDC stablecoin inflows and tokenized real-world assets (RWA). Pump.fun has been a significant...
Quanta Services is transforming from a traditional construction contractor into a capacity brokerage firm, leveraging its integrated platform and expanding transformer capacity to secure long-term, high-value infrastructure projects. The company’s 20...
XRP is approaching a key technical breakout point amid positive regulatory progress in Europe with Ripple gaining approval under the EU's MiCA framework, allowing broader crypto services across 30 countries. However, uncertainty remains in the US due...
