Ethereum Price Technical Analysis – ETH/USD’s Choppy Moves 264

Key Highlights

  • ETH price did not move much from the $292 swing low against the US Dollar.
  • There is a short-term contracting triangle forming with resistance at $302.50 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • On the downside, a short-term support is at $297.50, which can be seen as a daily pivot.

Ethereum price is moving in a range against the US Dollar and Bitcoin. ETH/USD might continue to trade below $310 in the short term before the next move.

Ethereum Price Short-term Breakout Pattern

There was not much of action in ETH price as it continued to trade below the $305-306 levels against the US Dollar. The price recovered well from the $285.08 low and attempted a break above the $305 resistance. However, buyers failed to push the price above $305 and the 100 hourly simple moving average. As a result, there was a downside move below the 23.6% Fib retracement level of the last wave from the $285.08 low to $305.18 high.

The price even broke the $300 level and traded towards the 50% Fib retracement level of the last wave from the $285.08 low to $305.18 high. It found bids near $296 and is currently recovering. At the moment, there is a short-term contracting triangle forming with resistance at $302.50 on the hourly chart of ETH/USD. The triangle resistance is near $302 and the 100 hourly simple moving average. Therefore, an upside break above $303 in the short term won’t be easy.

On the downside, today’s support is at $295-296. A close below $295 would call for a test of $290 or even $285. Overall, there can be more ranging moves before the price makes the next move towards $310.

Hourly MACD – The MACD is flat in the bearish zone.

Hourly RSI – The RSI is currently just near the 50 level.

Major Support Level – $295

Major Resistance Level – $303

 

Charts courtesy – SimpleFX

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Choosing Your Right Trading Partner with SignalPlus 458

SignalPlus, founded in 2021 and headquartered in Hong Kong, is an industry-leading provider of trading software and infrastructure. Trusted by institutional partners across the ecosystem, the company delivers advanced analytical tools for options, perpetuals, and spot markets to traders worldwide.

Key features designed for high-pressure decision-making include:

  • Smart Dealing – live P&L visualisations with one-click order management
  • Risk Scenario – instant stress tests that model extreme market moves
  • Trading Compass – AI-curated news flow and alt-coin signals highlight emerging trends
  • RFQ for Block Trades – transparent and competitive pricing for large trades executed on Deribit

Backed by the recent closing of its $11 million Series B round led by AppWorks and OKX Ventures, SignalPlus reaffirms its commitment to building the best-in-class infrastructure that brings institutional-grade tools to the public domain. Looking ahead, SignalPlus will continue to scale R&D and compliance operations from our Hong Kong base, delivering durable, globally relevant infrastructure for the next chapter of digital-asset markets.

Torram launches dApp challenge with 3M tokens up for grabs to bring institutional DeFi apps natively to Bitcoin 466

Torram is putting out the call to builders: launch real DeFi applications on Bitcoin L1 and win up to 1 million Torram tokens each. The team behind Bitcoin’s first complete middleware stack has kicked off the 1M Token Developer Challenge – a multi-phase competition rewarding developers building Bitcoin-native dApps. With Torram Testnet V2.0 now live, the network unlocks programmability and a new token standard natively on Bitcoin – no bridges, no L2s, and no wraps.

With Bitcoin hitting all-time highs above $110K and mainstream momentum building, there’s never been a better time to build. Developers can now deploy on Bitcoin with block times as fast as 60 seconds without bridges or L2s.

“Torram network cures Bitcoin’s limitations and amplifies its strength. Our BUIDL thesis has been – do what’s possible on Bitcoin, and leave the rest to Torram. Now, you can witness that with Torram network V2.0,” Lee Raj, Co-Founder & CTO said.

Torram Momentum

  • 30+ validators live on testnet including BitGo, Allnodes, Stakely, Validation Cloud, Republic
  • 20+ dApps committed including Ordinal Hive, bitSmiley, and Sundial
  • Backed by Draper Associates, Blockchain Founders Fund, Side Door Ventures, Deep Ventures, Boost VC, Trive Digital, Silvermine, MH Ventures, and Bitcoin Ai Startup Lab

The 1M Token Developer Challenge: Build Fast, Win Big

*Phase 1: 30-Day Testnet Sprint (July 1–30)
Be early, be rewarded. The first 10 dApps deployed to Torram earn 200,000 tokens each.

*Phase 2: 90-Day Testnet Marathon (Aug 1–Oct 31)
Build big, scale fast. Rank in the top 3 for usage and earn 1 million tokens each.

Eligible categories include: stablecoins, RWAs, DEXs, collateral lending & borrowing, trading and institutional-grade Bitcoin apps.

Built for Builders

Torram Network 2.0 is the result of over a year of R&D to deliver what Bitcoin has been missing: expressive programmability, real-time on chain price data, and ERC20 behaviour to Bitcoin native assets.

Today’s Bitcoin-native stack is fragmented and modular. But Bitcoin itself is monolithic by design, and Torram believes its surrounding infrastructure should be too. This reduces complexity and eliminates common failure points seen in modular stacks.

This is Bitcoin’s Ethereum moment. With Torram, builders can finally unlock the functionality of Ethereum and other chains without leaving Bitcoin’s trust layer.

“Torram gives builders not just tools, but a foundation: smart contracts, oracles, and a programmable token standard. We’re creating the layer devs need to launch scalable DeFi applications,” Vakeesan Mahalingam, CFA, Co-Founder & CEO said.

Start Building on Bitcoin Today

  • Join the @torrambuilders Telegram
  • Apply to the Token Developer Challenge
  • Mainnet Launch: Q1 2026 – Early builders get priority for grants and spotlight.

About Torram

Torram has pioneered the first complete end-to-end full stack infrastructure & middleware solution for institutional use cases & applications natively on the Bitcoin network making Bitcoin more useful than just a store of value, and solving fragmented infrastructure for dApps and builders.

Gelato and Morpho Partner To Offer Embedded Crypto-Backed Loans for Wallets, Brokers, and Fintech Apps 466

The partnership offers white-labeled, non-custodial, and Web2-like stablecoin loans embedded directly in your wallet or application.

Gelato, the web3 developer cloud platform, together with Morpho, the decentralized lending protocol behind some of the most trusted lending infrastructure in Ethereum, today announced the launch of Embedded Crypto-Backed Loans.

The new partnership enables Wallets, Brokers, and Fintech Apps to allow their users to instantly borrow stablecoins, like USDC, using their crypto assets as collateral. The borrowing flow has a simple, Web2-like experience that is non-custodial and fully onchain. By combining Gelato’s Smart Wallet SDK with Morpho’s permissionless lending markets, the two teams offer a complete borrowing flow that platforms can securely integrate in days.

Crypto-backed loans are fully non-custodial and onchain, governed entirely by smart contracts. Users can initiate loans in an onchain bank account powered by embedded wallet infrastructure, 7702-powered smart accounts, gasless transactions, and the ability to execute multiple transactions in a single click.

Morpho, which Coinbase recently partnered with to enable similar BTC-backed loans, brings proven lending infrastructure with over $6.5 billion in total value locked. Gelato’s Smart Wallet SDK, used by companies such as Safe, Infinex, and Gnosis Pay, handles account abstraction, one-click onboarding, and gas sponsorship, enabling applications to deliver modern, web2-style user experiences.

“We’re excited to see more platforms bring crypto-backed loans to users in a self-custodial way,” said Paul Frambot, CEO of Morpho Labs. “Morpho is built to be integrated, and Gelato makes it easy to deliver a seamless UX on top.”

Embedded Crypto-Backed Loans are designed to meet the needs of both consumer and institutional users, offering a simple, intuitive interface while preserving the non-custodial guarantees that users and platforms increasingly expect.

Key Features

  • Borrow USDC in one click using crypto assets like BTC as collateral
  • Fully non-custodial and onchain
  • No credit checks required
  • One-click wallet creation via email, social login, or passkeys
  • EIP-7702 powered Smart Wallet Account
  • Embedded UX with full brand control
  • Gasless transactions across +50 EVM chains

Later this year, Gelato will introduce new security and recovery features to extend the smart wallet stack. These include passkey authentication, multi-signer two-factor approvals using regulated custodians, and onchain recovery modules tied to email or social logins. All upgrades are implemented at the smart contract level to maintain full decentralization.

A full demo of the product is available at: https://morpho-aa.demo.gelato.cloud, showcasing the end-to-end borrowing experience from wallet creation to BTC collateralization and loan issuance.

Embedded Crypto-Backed Loans are now available in beta on Polygon, Arbitrum, Optimism, and Scroll, with support for Katana coming soon. Gelato and Morpho are working closely with additional chain teams to expand deployment in the months ahead.

About Morpho

Morpho is a decentralized lending protocol, powering open, onchain money markets. It enables pooled and peer-to-peer borrowing with programmable risk parameters and oracle-based pricing. With over $6.5 billion in total value locked, Morpho is one of the most widely adopted lending platforms in Ethereum.

Users can learn more at https://morpho.org/

About Gelato

Gelato is Web3’s Developer Cloud, providing enterprises with critical infrastructure to build web2-like non-custodial applications at scale. It offers developer tooling for smart wallets, gas abstraction, and deploying enterprise-grade rollups. Gelato is used by leading apps, wallets, and protocols across the EVM ecosystem to deliver seamless, secure, and fully onchain user flows.

Users can learn more at https://gelato.cloud/

Oomnitza Unveils Product Release: Supercharging Asset Lifecycle Visibility, Compliance, and Data Center Control 452

AI-powered compliance, smarter SaaS governance, and modern DCIM expand enterprise IT resilience and operational velocity

Oomnitza, a recognized leader in AI-era IT Asset Management (ITAM), today announced its latest product release, delivering powerful advancements across SaaS governance, audit readiness, integration reliability, and infrastructure management. The update introduces Doc Agent, an AI-powered audit documentation engine; expanded SaaS and software lifecycle automation; and a new Data Center Infrastructure Management (DCIM) solution purpose-built for modern data center needs.

“As hybrid infrastructure expands and AI workloads explode, IT teams need more than visibility—they need velocity and control,” said Donna Wilczek, Chief Product Officer at Oomnitza. “With this release, we’re embedding intelligence so our customers can automate audit processes, rein in SaaS sprawl, and manage their entire infrastructure lifecycle – endpoints to data centers – from a single syndicate of record.”

Release Highlights

  • Smarter Compliance & Documentation – AI-generated, always-current documentation for workflows, integrations, and configurations, plus IP-level activity logs; and migration tagging for full audit traceability.
  • Unified Software & SaaS Lifecycle Management – Centralized SaaS-user views with license forecasting, usage tracking, one-click offboarding, and automated ingestion of role and activity data from SaaS platforms.
  • Asset-Centric DCIM – New Data Center Infrastructure Management delivers lifecycle tracking, predictive workflows, and warranty automation—built for GPU-intensive AI clusters and hybrid environments.
  • Reliable, Scalable Integrations – Enhanced diagnostics, version-change logs, and field mapping preservation across 1,500+ turnkey connectors ensure resilient, low-risk integrations.
  • Platform Experience Boosts – Detailed import logs, expanded custom object capabilities, and a shopping-cart-style request portal streamline clean data entry and self-service workflows.

All features are now generally available to Oomnitza customers.

About Oomnitza

Oomnitza turns technology investments into a competitive edge. We deliver complete visibility across the entire IT ecosystem, ensuring accurate data, enhanced security, and optimized performance. With agile workflow automation and an asset-centric approach, Oomnitza helps organizations reduce costs, improve operational efficiency, and unlock profitability in a technology-driven world. Learn more at www.oomnitza.com.

Kaanch Network raises $2.4M as stage 6 presale sells out in record time 418

Kaanch Network, the emerging Layer 1 blockchain, has hit a major milestone with the rapid sell-out of its Stage 6 presale — demonstrating rising investor demand and positioning itself as a top contender in the race to surpass Ethereum and Solana. With unmatched 1.4 million transactions per second (TPS) and ultra-low fees, Kaanch is setting a new benchmark for blockchain performance in 2025.

Stage 6 presale drives momentum toward stage 7

Priced at $0.32 per token, Kaanch Network’s Stage 6 presale raised over $2.4 million selling out significantly ahead of projections. With a limited supply of 58 million tokens, anticipation is now building for Stage 7, which will launch at $0.64 per token, offering investors the opportunity to participate before the price increase.

Investors can acquire tokens using ETH or USDT, with staking opportunities delivering up to 30% APY during the presale period.

Market-leading speed and scalability

Kaanch Network delivers industry-leading speed and efficiency: 1.4 million TPS, 0.8-second transaction finality, and near-zero gas fees. By contrast:

  • Ethereum: ~15–30 TPS with fees of $2–$5 per transaction, even after its 2025 PECTRA upgrade
  • Solana: ~65,000 TPS in ideal conditions, but still facing network outages and scalability issues

With 3,600 decentralized nodes and robust EVM compatibility, Kaanch offers seamless performance for decentralized apps, financial transactions, and tokenized real-world assets targeting multi-trillion-dollar markets in sectors such as gold and real estate.

Audited security and developer appeal

Kaanch Network’s smart contracts have been comprehensively audited by SpyWolf and VerifyLab providing the security, transparency, and confidence that institutional investors and developers demand.

Designed for easy integration with Ethereum, Solana, and BNB Chain, Kaanch’s architecture is attracting developers and enterprises alike. Its identity system — based on the .knch domain — improves Web3 usability and digital identity verification.

Confirmed listings and community governance

Kaanch Network has confirmed upcoming listings of its KNCH token on BitMart, LBank, and XT.com providing broad market access and global liquidity. The token is anticipated to list at approximately $30.

In line with its community-first ethos, Kaanch enables token holders to actively participate in protocol governance through its open staking dashboard — fostering long-term engagement and ecosystem sustainability.

A prime investment opportunity

Following the Stage 6 presale sell-out, Kaanch Network is gaining momentum as one of the most promising Layer 1 blockchains of 2025 with unmatched performance, audited infrastructure, and tangible real-world applications. Stage 7 represents a strategic opportunity for early investors ahead of exchange listings and wider adoption.

About Kaanch Network

Kaanch Network is a next-generation Layer 1 blockchain delivering exceptional speed (1.4M TPS), ultra-low fees, and advanced tokenization capabilities. Audited by SpyWolf and VerifyLab, Kaanch offers a secure, scalable platform for decentralized applications, enterprise adoption, and tokenized real-world assets.

Learn more:
Website: https://presale.kaanch.com/
Whitepaper: https://docs.kaanch.network/
Twitter/X: https://x.com/KaanchNetwork
Telegram: https://t.me/kaanchnetwork
Win $1M: https://presale.kaanch.com/win-1-million
How to buy: https://presale.kaanch.com/how-to-buy

CHAI – AI Lab Quantizes Social AI to 4-bit for +56% Increase in Throughput 404

CHAI, the high-growth AI startup, today unveiled a major advancement in model optimization through its successful deployment of quantized large language models (LLMs). The breakthrough—achieved by CHAI’s AI research team—reduces inference latency by 56% while preserving model performance, a critical milestone as the platform now serves 1.2 trillion tokens daily, rivaling industry giants like Anthropic’s Claude.

The Quantization Advantage

Model quantization, a technique that reduces the numerical precision of neural network parameters, has emerged as a key strategy for optimizing LLMs. CHAI’s research team systematically evaluated multiple quantization approaches (including INT8, FP16, and hybrid methods) to maximize efficiency without sacrificing output quality. The winning implementation:

  • 56% faster inference – Dramatically reduces response times for end users
  • smaller model footprint – Lowers memory and compute costs
  • <1% performance degradation – Maintains accuracy across benchmarks

The quantized model deployment complements CHAI’s $20 million compute investment, addressing the platform’s exponential growth. By marrying hardware scaling with algorithmic innovation, CHAI now serves 1.2T tokens per day while maintaining competitive inference speeds.

Was CHAI the first AI Platform? CHAI was the first consumer AI product to reach 1 million users, leveraging the open-sourced LLM GPT-J, before ChatGPT or Llama.

What is CHAI? CHAI is a social AI platform where users can create their own AI. Since its launch three years ago, CHAI has experienced significant growth, particularly among Gen Z users. Now, to support further growth and wider adoption, CHAI has redesigned its brand.

Can you use CHAI AI in a browser? As of March 2025, no. CHAI is focused on delivering the most engaging social AI experience by hiring talented engineers to refine its app. While there are currently no plans for a web app, this may change in the future.

Is CHAI AI safe? CHAI has implemented a range of safety features that allow users to engage in dynamic chats while encouraging them to stay within established guidelines. By building better AI, CHAI aims to enhance user value and experience.

What makes CHAI special? CHAI is designed to be the most engaging social AI, delivering highly entertaining conversations. Many users rely on it to craft interactive stories and immersive experiences.

Why do people love CHAI? CHAI employs advanced AI techniques to increase the entertainment value of its bots. Users chat with AI to write interactive novels and have engaging conversations, supported by a variety of genres that appeal to avid novel readers.

Sometimes regarded as the best free AI chatbot, CHAI is paving its way to widespread adoption of conversational social AI for entertainment.

Who is the founder? William Beauchamp is a 2x founder, first started building CHAI with his sister in Cambridge UK in 2020. After building the first AI chat platform they relocated to Palo Alto.

Are they hiring? CHAI is a rapidly growing company that is known for paying very high salaries with an intense culture focused on delivering results and iterating quickly.