Binance Responds to Meme Coin Controversy, Says Creators Are Exploiting Its Messaging

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The post Why Digitap ($TAP) is the Best Crypto Presale December Follow-Up appeared on BitcoinEthereumNews.com. Crypto Projects Hyperliquid’s HYPE has seen another disappointing week. The token struggled to hold the $30-$32 price range after 9.9M tokens were unlocked and added to the circulating supply. Many traders are now watching whether HYPE will reclaim the $35 area as support or break down further towards the high $20s. Unlike Hyperliquid, whose trading volume is shrinking, Digitap ($TAP), a rising crypto presale project, has already raised over $2 million in just weeks. This is all thanks to its live omnibank app that combines crypto and fiat tools in a single, seamless account. While popular altcoins stall, whales are channeling capital into early-stage opportunities. This shift is shaping discussions on the best altcoins to buy now in the current market dynamics. Hyperliquid Spot Trades Clustered Between the Low and Mid $30s HYPE price closed the week with an 11% loss. This is because a significant portion of its spot trades are clustered between the low and mid $30s. This leaves the token with a multi-billion-dollar fully diluted valuation on its daily trading volume. Source: CoinMarketCap Moreover, HYPE’s daily RSI is still stuck above $40s, while the short-term averages are continually dropping. This shows an indecisiveness, where the bears and the bulls don’t have clear control of the market. Additionally, roughly 2.6% of the circulating supply is in circulation. After unlocking 9.9M tokens, the Hyperliquid team spent over $600 million on buybacks. This amount often buys only a few million tokens a day. That steady demand is quite small compared to the 9.9 million tokens that were released. This has left the HYPE market with an oversupply. Many HYPE holders are now rotating capital into crypto presale projects, like Digitap, that offer immediate upside. HYPE Market Sentiments Shows Mixed Signals Traders are now projecting mixed sentiments for the token. Some…

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…