Ethereum Price Technical Analysis – ETH/USD’s Short Term Break 248

Key Highlights

  • ETH price is under pressure and moved below the $302 support against the US Dollar.
  • There was a break below a bullish trend line with support at $302 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The price is now below the 100 hourly simple moving average, but remains supported above $296.50.

Ethereum price is under pressure against the US Dollar and Bitcoin. ETH/USD might correct a few points, but remains supported above $296.

Ethereum Price Support

There was a sharp rise in bitcoin price, which is putting pressure on ETH price below $305 against the US Dollar. The price failed to gain momentum above $307.50 and started a downside move. It broke the 23.6% Fib retracement level of the last wave from the $285.08 low to $307.57 high. The most important break was below a bullish trend line with support at $302 on the hourly chart of ETH/USD. It opened the doors for more losses below $302.

The pair declined and tested the 50% Fib retracement level of the last wave from the $285.08 low to $307.57 high. It has moved below the 100 hourly simple moving average, but remains supported above $296.50. It might recover from the current levels, but has to move back above $300 and 100 hourly SMA to gain traction. On the upside, the pair needs to clear offers near $304 and $306 to move back in the bullish zone.

If the pair fails to move pass $302 and 100 hourly SMA, the $296.50 support might be tested. The next support is around the 61.8% Fib retracement level of the last wave from the $285.08 low to $307.57 high. The overall bias is neutral until bitcoin price settles down.

Hourly MACD – The MACD has moved into the bearish zone.

Hourly RSI – The RSI is currently below the 50 level.

Major Support Level – $296

Major Resistance Level – $304

 

Charts courtesy – SimpleFX

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Legit Security Releases MCP Server, Adding Trust and Security to AI-Led Coding 351

Legit Security, a global leader in AI-native application security posture management (ASPM), today announced a major new feature that furthers its commitment to better serve the AI-first developer community: Legit MCP (Model Context Protocol) Server. With this new offering, Legit brings ASPM to AI-led development, making vulnerability management as simple as asking a question.

Through the Legit MCP Server, AI code assistants like Cursor, GitHub Copilot, and Windsurf leverage Legit to determine the security of generated code, enforce guardrails to prevent issues, and drive automated remediation. Acting like an “API” to interface with AI agents, the Legit MCP Server provides development teams with the ability to run in-code vulnerability checks during the pre-production development process within numerous code editors and IDEs. As an open standard supporting different AI systems, MCP can universally connect with any AI-agnostic code editor and directly with the data source.

Why This Matters for Developers

AI is revolutionizing how software gets built — faster, smarter, and more autonomously. But it also introduces more risk than we’ve ever seen and upends application security, which wasn’t designed for AI-driven development processes. Legit ASPM is the first and only AI-native ASPM platform purpose-built to secure today’s development workflows, including those with AI at the core. The Legit MCP Server gives developers real-time security insights and remediation embedded directly into their AI-powered assistants — no learning curve, no context switching, all in natural language.

“AI has completely changed the way engineering teams build software and created an opportunity to bring security directly into that process,” says Liav Caspi, co-founder and CTO at Legit. “Additionally, empowering security teams to leverage AI through Legit’s application security data fabric holds enormous untapped potential that we are just beginning to uncover. The ability to extract any security posture report you want just by asking your favorite AI chat is a game changer. Legit MCP empowers developers and AppSec with the ability to run security checks on the go, with no learning curve, while making secure coding 100 times easier, faster and just more enjoyable.”

Why Now

Developing software at speed and in a cost-effective way has arrived, but real-time integration of security has lagged behind. Legit MCP enforces enhanced quality and security at every stage of development, guaranteeing AI-generated code is automatically investigated, remediated, and verified.

For more details on the Legit MCP, visit https://www.legitsecurity.com/blog/meet-legit-mcp.

To see the Legit MCP Server in action, join us on Tuesday, July 15th, for an interactive session and demo: https://info.legitsecurity.com/legit-mcp-server-empowers-ai-led-development.

About Legit Security

The Legit Security ASPM platform is a new way to manage application security in a world of AI-first development, providing a cleaner way to manage and scale AppSec and address risks. Fast to implement, easy to use, and AI-native, Legit has an unmatched ability to discover and visualize the entire software factory attack surface, including a prioritized view of AppSec data from siloed scanning tools. As a result, organizations have the visibility, context, and automation they need to quickly find, fix, and prevent the application risk that matters most. Spend less time chasing low-risk findings and more time innovating.

Bitcino Casino Joins Forces with AI Powerhouse ‘Mr.House’ — The Future of Crypto Gambling Is HERE! 376

30 6 2025 1

In a bold move that redefines the future of online gambling, Bitcino Casino has integrated Mr.House a groundbreaking AI-driven management platform into its crypto casino infrastructure. Built as a fully autonomous operational layer for iGaming platforms, Mr.House is an independent, intelligent entity now being deployed by Bitcino to automate, optimize, and scale every aspect of casino operations.

As the first casino to adopt Mr.House’s full suite of tools, Bitcino is leading the charge in bringing AI-powered automation to the crypto gambling industry blending performance, innovation, and user-centric design in a way no traditional platform can match.

What is Mr.House?

Mr.House is an advanced network of AI agents purpose-built for online casinos and sportsbooks. Designed to run 24/7 with zero downtime, Mr.House handles everything from dynamic marketing and SEO to risk management, player engagement, and affiliate automation all without human intervention.

Bitcino is the first casino to fully integrate Mr.House’s capabilities, instantly setting a new standard in the world of decentralized online gambling.

Core functions include:

  • Targeted marketing across Telegram, Discord, and Twitter/X 
  • Personalized live chat support and player interaction 
  • Real-time sportsbook odds and automated betting suggestions 
  • Custom bonus delivery based on player behavior and game history 
  • Automated affiliate and referral program tracking 
  • Intelligent content generation for SEO growth 
  • Ongoing fraud detection and risk-managed bankroll allocation

Bitcino: The First Mr.House-Powered Crypto Casino

Bitcino is a fully anonymous, no-KYC, crypto-based casino and sportsbook offering high-speed gameplay, fast crypto transactions, and global access. With Mr.House embedded into its core systems, Bitcino now delivers a completely reimagined online gambling experience smarter, faster, and more responsive than ever before.

Bitcino’s standout features include:

  • A rich library of provably fair casino games, including slots, blackjack, roulette, live dealer tables, and crypto-native games like Crash and Plinko 
  • Support for major cryptocurrencies with instant deposits and withdrawals 
  • Fully AI-managed referral and affiliate programs, allowing users to earn from every dollar wagered by players they invite 
  • A unique revenue-sharing token model, distributing 50% of platform profits to token holders 
  • Real-time platform optimization, bonus tuning, and content updates — all powered by Mr.House

Referral Rewards Reimagined

With Mr.House overseeing Bitcino’s affiliate and referral infrastructure, both users and partners can benefit from a seamless, performance-driven system. Affiliates earn up to 30% of profit generated by their referred players, while regular users earn a share of total wagering volume creating a sustainable, long-term incentive for community growth.

This smart referral structure offers a competitive edge over traditional casino affiliate programs, thanks to its real-time tracking and transparent payouts.

Mr.House and Bitcino: A New Era for Crypto Casinos

As Mr.House prepares for broader deployment across the iGaming space, Bitcino stands as the flagship example of what’s possible when AI is given full operational control of a casino platform. The partnership doesn’t just improve efficiency it redefines the player experience, removes human bottlenecks, and enables Bitcino to scale globally with minimal friction.

By integrating bleeding-edge technology and focusing on key concepts such as:

  • Crypto casino 
  • Bitcoin gambling 
  • No KYC casino 
  • Fast payout casino 
  • Online casino referral program 
  • Decentralized sportsbook 
  • AI-powered online casino

.. Bitcino is rapidly establishing itself as a dominant force in the online gambling space, building a strong and unmistakable identity that resonates with players worldwide.

Try Bitcino Today Powered by Mr.House, Built for the Future

Whether you’re a player looking for fast, private, and fair crypto gambling, or a partner ready to monetize your traffic with real earning potential, Bitcino Casino offers an experience like no other fully optimized by AI, fully built for Web3.

Check out Bitcino and stay connected:

Visit the official site: bitcino.com
Explore the latest sports insights on the blog: betting.bitcino.com/
Follow us on Twitter/X for real-time updates: x.com/bitcinocasino

Choosing Your Right Trading Partner with SignalPlus 531

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 538

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 533

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 517

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.