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Solayer, the web3 infrastructure and DeFi Protocol, rapidly evolving into a crypto fintech brand has announced a major move in its growing portfolio of web3 consumer products. It has officially launched Solayer Travel, a blockchain‑powered hotel‑booking platform that will allow users to book million of leading hotels worldwide in USDC. The platform will allow its Emerald Card
The post Solayer Launches USDC-Powered Hotel Booking Platform To Give Crypto Travel a Boost appeared first on CoinGape.
Ethereum (ETH) has had a rough ride recently, plunging 28% last month and falling below $2,000 in the recent crypto market crash.. investors wondering whether ETH can stage a comeback as it currently trades at $1,874.97, some critical indicators suggest a rebound could be on the horizon. From whale accumulation to technical signals and rising market interest, Ethereum price may be gearing up for a major rally. At the same time, a new coin – Rexas Finance (RXS), a promising Ethereum-based token, is gaining traction. With a record-breaking presale and growing investor confidence, RXS is currently priced at $0.20, with its launch price set at $0.25 on June 19, 2025. Both ETH and RXS are positioning themselves as top contenders for the biggest crypto gains in 2025. Let’s dive into why.
The following are reasons why ETH price is poised to surge soon.
Recently, Ethereum whales have been aggressively buying the ETH price dips while adding a total of 1.1 million coins within just 48 hours. This signals a potential rebound, due to increased confident in the leading altcoin. History records that, whenever whales accumulate during price declines, it often results into price recovery in the days that follow.
As institutional investors look for cheaper entry opportunities, the current Ethereum price of $1,874.97 may be seen as undervalued, setting the stage for a significant rally.
Ethereum’s RSI is currently about 22, much below the 30 mark. This implies that ETH is oversold, so selling pressure has been too high, and a reversal could be about to happen. For traders trying to profit from a possible bounce, an RSI falling to such low levels usually indicates a strong buying possibility.
Historically, Ethereum’s RSI falling below 30 has typically signaled a major price comeback. For instance, past cases of ETH exceeding sell conditions have resulted in a price recovery of 20% or more in the following weeks. Ethereum is presently in a similar state; hence, a relief rally might be imminent as buyers retreat to benefit from the lowered prices.
Technical analysis isn’t the only factor backing Ethereum’s comeback potential. Its growing market presence adds weight to this possibility. Santiment, an on-chain analytics company, reports that ETH now makes up 9.2% of all crypto talks.
This boost in attention shows that traders, analysts, and investors are keeping a close eye on Ethereum. More discussion and interest often come before price changes, as this buzz tends to draw in new buyers.
Also, Ethereum stays one of the most traded assets on platforms like Coinbase, which points to steady demand even during the market slump.
As Ethereum price prepares for a possible recovery, another asset is causing a stir in the cryptocurrency market—Rexas Finance (RXS). As a token on the Ethereum network aimed at tokenization of real-world assets (RWA), RXS is rapidly gaining popularity in anticipation of its forthcoming exchange launch.
Now priced at $0.20 in its last presale phase, the RWA token has successfully raised an impressive $47.01 million, with 91.02% of this round already sold. RXS will debut at $0.25 on June 19, 2025, representing an important achievement for early investors who have experienced increases exceeding 500%.
As Ethereum price gets ready for a possible price upturn, the mood in the wider crypto market will get better. This could help promising projects like Rexas Finance (RXS). Analysts anticipates that Ethereum’s comeback might spark a strong rally in other coins, and RXS, with its solid foundations, could be a big winner. Big investors are buying up ETH technical signs are good, and market interest is growing. All these point to a bright future for ETH. RXS is riding the wave of Ethereum’s network success. Both these assets could end up as some of the top performers in 2025. If you’re looking for chances to make big gains, watching Ethereum’s recovery and Rexas Finance’s upcoming launch could be a smart move that changes the game.
The post Ethereum Price Big Rebound? Why ETH and This New Coin Could Be 2025’s Top Performers” appeared first on CoinGape.
Bitcoin ETFs continued their inflow streak on Wednesday, raking in over $900 million in fresh capital.
However, despite the bullish ETF demand, Bitcoin’s open interest has dipped, and its funding rates have flipped negative, a sign that short-term market sentiment may be shifting.
BTC spot ETFs continued to draw investor interest on Wednesday, extending their inflow streak with another $916.91 million in net inflows.
This marked the fourth consecutive day of inflows, highlighting the growing institutional appetite for BTC exposure, especially as the coin’s price attempts to stabilize above the $90,000 level.
On Wednesday, BlackRock’s ETF IBIT recorded the largest daily net inflow, totaling $643.16 million, bringing its total cumulative net inflows to $40.63 billion.
Ark Invest and 21Shares’ ETF ARKB followed in second place with a net inflow of $129.50 million. The ETF’s total historical net inflows now stand at $3 billion.
Trading activity across the crypto market has dipped over the past 24 hours, with the total market capitalization shedding $18 billion during the period.
This pullback has contributed to a modest 1% decline in BTC’s price. The drop in momentum is evident in the coin’s falling futures open interest, which signals reduced trading participation. At press time, BTC’s futures open interest is at $64.54 billion, plunging by 5% in the past day.
When an asset’s price and open interest plummet like this, it signals that traders are closing out positions rather than opening new ones. This combination reflects weak conviction and a potential trend reversal or deeper correction in the BTC market.
Further, BTC’s funding rate has flipped negative once again, indicating that short traders have regained dominance and are now paying to maintain their positions. At press time, this is at -0.0053%.
When BTC’s funding rate is negative, short sellers are paying long holders to keep their positions open. This indicates that bearish sentiment dominates the market and suggests that traders expect the coin’s price to decline soon.
Moreover, today’s high demand for puts in the BTC options market supports this bearish outlook. According to Deribit, BTC’s put-to-call ratio is currently at 1.36.
This indicates that more put options are traded than calls, suggesting a bearish bias among options traders. The ratio reflects growing expectations of downward price movement.
The post Institutional Inflows vs. Retail Retreat: Who’s Driving Bitcoin Now? | ETF News appeared first on BeInCrypto.
In a dramatic turn of events, Coinbase’s stock plummeted by 15.3% on Thursday, marking its worst trading day since July…