The Nasdaq-listed SharpLink Gaming is doubling down on its Ethereum treasury strategy with yet another major purchase. SharpLink Gaming has announced the addition of another 12,207 ETH (ETH) to its growing Ethereum holdings, spending approximately $30.67 million at an average…

SharpLink strengthens ETH bet with additional $30.6M purchase

Grayscale Investments launched the Grayscale Space and Time Trust, providing 
exposure to the SXT token. Digital Asset Manager Grayscale Debuts Trust for 
Space and Time Blockchain&#8217;s Native Token The trust invests solely in SXT, the 
native token of the Space and Time blockchain network. SXT is used for network 
security through staking and for processing […]

Grayscale Launches Space and Time Trust Focused on SXT Token

Cointelegraph investigates how public companies are fueling Bitcoin’s rise 
with a high-stakes strategy that could supercharge the bull run or trigger the 
next crash.

The corporate Bitcoin gold rush is on — but at what cost?

SoFi Technologies is relaunching spot cryptocurrency trading on its platform, 
with users able to buy, sell, and hold crypto as well as undertake global 
remittances. The online banking and financial services company’s move to 
relaunch crypto trading will see its…

SoFi resumes crypto trading, unveils blockchain remittances

Crypto Man MAB, in his latest analysis on X, pointed out that Optimism (OP) is 
now priced at $0.553, showing a mild increase of +0.004 (+0.73%) within the 
last four hours. While the short-term movement is slightly positive, he 
emphasized that the overall trend has been bearish since the asset peaked near 
$0.75, marking a clear phase of correction in the market. Trend And Volume 
Analysis OF Optimism (PO) Delving into the trend, Crypto Man MAB observed that 
the asset&#8217;s short-term trend is leaning bearish. Over the past 24 hours, the 
price of OP has declined from a high of $0.564 to a low of $0.483, forming a 
downward trajectory. He noted that the longer-term outlook reinforces this 
sentiment, as the asset has dropped by a steep 71.02% over the last 180 days, 
clearly signaling sustained downward pressure. Related Reading: Aave Address 
Count On Optimism Rapidly Growing, Will Price Rise To New 13-Month High? 
Turning attention to volume behavior, Crypto Man MAB emphasized the 
significance of recent spikes in OP&#8217;s trading volume, particularly during the 
sharp price decline. He explained that this increase in volume often indicates 
heightened market participation, most likely driven by panic selling or stop- 
loss triggers. The volume surge during this dip suggests that the bears are 
still active and in control. In his analysis, Crypto Man MAB further mentioned 
that the Volume SMA reflects periodic surges, with the most recent peak 
aligning with the downward movement in price. This alignment between rising 
volume and falling price often reflects a strong bearish sentiment, 
reinforcing the downward pressure seen on the chart. Support, Resistance, And 
Indicators Examining OP&#8217;s support and resistance levels, the analyst points 
out that the current price is trading near $0.483. This zone could act as a 
potential support if selling pressure begins to slow, offering a chance for a 
temporary stabilization or bounce. However, a sustained break below this level 
might signal further downside in the near term. Related Reading: Optimism (OP) 
Faces Potential Decline To $1.80 — Analyst On the flip side, the nearest 
resistance lies around $0.564, which represents the 24-hour high. If the price 
attempts a recovery, this level will likely serve as the first barrier to 
overcome. A successful move above it could signal improving sentiment, though 
further confirmation would be needed to shift the short-term bias away from 
bearish. Looking at the chart patterns, recent candlesticks show a mix of 
bullish and bearish activity, but the red candles have been more dominant. 
This pattern reinforces the ongoing downward momentum, indicating that sellers 
still have control. Until there is a visible shift in momentum, the overall 
tone remains cautious despite pockets of potential support. Featured image 
from YouTube, chart from Tradingview.com

Optimism Flickers At $0.553: A Recovery Or A Pause The Decline?

Shares of the crypto exchange are being fueled higher by rising Bitcoin 
prices, pro-industry regulation and steady revenue growth.