Reddio Launches Public Testnet: A New Era of Parallel EVM Powering Autonomous AI

[PRESS RELEASE – Singapore, Singapore, January 16th, 2025] Reddio is excited to announce the official launch of its highly anticipated Testnet, marking a significant milestone as a front-runner in launching Parallel EVM public Testnets. Powered by GPU-accelerated parallel EVM technology and designed to enable AI capabilities, Reddio’s innovative architecture redefines...

Binance Open Interest Soars After CPI Data Release as Bitcoin Hits $100K Briefly

Bitcoin touched $100,000 for the first time in 2025, driven by favorable macroeconomic conditions. The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling...

Standard Chartered Launches Luxembourg Entity for EU Crypto Custody

Luxembourg will host Standard Chartered's EU digital asset operations. Standard Chartered has announced the launch of a new entity in Luxembourg to serve as its regulatory entry point for providing crypto and digital asset custody services to clients within the European Union (EU). The multinational bank’s initial crypto services in...

Bitcoin Nosedives to $93,000, AI Agents Meta Remains Hot, Inflation Woes Scare Markets: This Week’s Crypto Recap

It was another wild week for BTC, going from over $102,000 to $91,200 within days. The cryptocurrency market experienced a sell-off throughout the past seven days, with the total capitalization shedding close to $200 billion during that period. Bitcoin’s price tumbled toward $93,000, liquidating hundreds of millions in over-leveraged positions...

Ethereum Price Analysis: Has ETH Hit the Bottom or Is More Downside Ahead?

Ethereum’s price has experienced a sharp decline following increased selling activity, reaching the decisive 100-day moving average at $3.1K. This level represents a crucial support zone and a potential inflection point for the cryptocurrency’s next move. Technical Analysis By Shayan The Daily Chart Ethereum’s bearish momentum has driven its price...

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