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Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins?
Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins?

Yahoo

time7 days ago

  • Business
  • Yahoo

Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major altcoins led by Ethereum (CRYPTO: ETH) and Ripple's XRP (CRYPTO: XRP) posted sharp declines on Thursday, reversing gains from a strong rally earlier this month. What Happened: The broader cryptocurrency market experienced a notable selloff, with experts pointing to both overheated momentum and emerging signs of a corrective phase, even as structural fundamentals continue to strengthen. According to data, Ethereum dropped 2%, while XRP fell by over 10%, leading losses among large-cap tokens. Other altcoins including BNB (CRYPTO: BNB), Solana (CRYPTO: SOL), Cardano (CRYPTO: ADA), Dogecoin (CRYPTO: DOGE), and Tron (CRYPTO: TRON) also registered losses exceeding 4%. Trending: Be part of the breakthrough that could replace plastic as we know it— Bitcoin (CRYPTO: BTC), in contrast, edged slightly higher, gaining 0.26% and maintaining relative stability during the downturn. What Experts Are Saying: In a note sent to Benzinga, James Harris, CEO of institutional crypto firm Tesseract, said the market's recent surge to a $4 trillion total market cap was driven by a "powerful trifecta" of supportive forces, but he cautioned that these tailwinds come with their own risks. "The rally has been underpinned by structural regulatory wins, improving macro conditions, and growing corporate treasury involvement," Harris explained. He noted that new U.S. legislation such as the GENIUS Act and progress on the CLARITY bill have triggered a sharp turnaround in institutional sentiment. "Bitcoin jumped 10–15% after the legislation moved forward, and altcoins like ETH outpaced that," he said. Harris also cited improving inflation data and expectations for interest rate cuts as key macroeconomic drivers behind the current risk-on sentiment. "As central banks around the world begin to shift toward easing, capital is flowing into assets like crypto that sit higher on the risk curve," he said. Beyond the macro and regulatory backdrop, Harris pointed to a growing trend of public companies treating digital assets as treasury reserves."Strategy (NASDAQ:MSTR) added over 20,000 BTC this year alone, and others are following," he noted. "We're seeing listed firms buying ETH, SOL, and even making those moves public — a self-reinforcing loop." However, that same bullish setup could quickly unravel, Harris warned. "While momentum is strong, these forces can reverse quickly. Disciplined risk management remains essential." Alex Kuptsikevich, Chief Market Analyst at FxPro, offered a more near-term technical outlook. "Altcoins, which had been fueling the rally, have sold off aggressively. Nearly half of the top 100 altcoins are posting double-digit losses," he said. He also observed a narrowing range in Bitcoin's price movement: "BTC's stability is critical. If it drops to $111,000, it would complete a textbook corrective pattern," Kuptsikevich added, warning that continued weakness could intensify bearish sentiment across the entire crypto market. Despite recent ETF outflows in Bitcoin, Kuptsikevich noted that Ethereum continues to attract fresh capital into funds, highlighting diverging investor sentiment between the two largest assets. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins?
Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins?

Yahoo

time7 days ago

  • Business
  • Yahoo

Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major altcoins led by Ethereum (CRYPTO: ETH) and Ripple's XRP (CRYPTO: XRP) posted sharp declines on Thursday, reversing gains from a strong rally earlier this month. What Happened: The broader cryptocurrency market experienced a notable selloff, with experts pointing to both overheated momentum and emerging signs of a corrective phase, even as structural fundamentals continue to strengthen. According to data, Ethereum dropped 2%, while XRP fell by over 10%, leading losses among large-cap tokens. Other altcoins including BNB (CRYPTO: BNB), Solana (CRYPTO: SOL), Cardano (CRYPTO: ADA), Dogecoin (CRYPTO: DOGE), and Tron (CRYPTO: TRON) also registered losses exceeding 4%. Trending: Be part of the breakthrough that could replace plastic as we know it— Bitcoin (CRYPTO: BTC), in contrast, edged slightly higher, gaining 0.26% and maintaining relative stability during the downturn. What Experts Are Saying: In a note sent to Benzinga, James Harris, CEO of institutional crypto firm Tesseract, said the market's recent surge to a $4 trillion total market cap was driven by a "powerful trifecta" of supportive forces, but he cautioned that these tailwinds come with their own risks. "The rally has been underpinned by structural regulatory wins, improving macro conditions, and growing corporate treasury involvement," Harris explained. He noted that new U.S. legislation such as the GENIUS Act and progress on the CLARITY bill have triggered a sharp turnaround in institutional sentiment. "Bitcoin jumped 10–15% after the legislation moved forward, and altcoins like ETH outpaced that," he said. Harris also cited improving inflation data and expectations for interest rate cuts as key macroeconomic drivers behind the current risk-on sentiment. "As central banks around the world begin to shift toward easing, capital is flowing into assets like crypto that sit higher on the risk curve," he said. Beyond the macro and regulatory backdrop, Harris pointed to a growing trend of public companies treating digital assets as treasury reserves."Strategy (NASDAQ:MSTR) added over 20,000 BTC this year alone, and others are following," he noted. "We're seeing listed firms buying ETH, SOL, and even making those moves public — a self-reinforcing loop." However, that same bullish setup could quickly unravel, Harris warned. "While momentum is strong, these forces can reverse quickly. Disciplined risk management remains essential." Alex Kuptsikevich, Chief Market Analyst at FxPro, offered a more near-term technical outlook. "Altcoins, which had been fueling the rally, have sold off aggressively. Nearly half of the top 100 altcoins are posting double-digit losses," he said. He also observed a narrowing range in Bitcoin's price movement: "BTC's stability is critical. If it drops to $111,000, it would complete a textbook corrective pattern," Kuptsikevich added, warning that continued weakness could intensify bearish sentiment across the entire crypto market. Despite recent ETF outflows in Bitcoin, Kuptsikevich noted that Ethereum continues to attract fresh capital into funds, highlighting diverging investor sentiment between the two largest assets. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Good Food Guide: The best restaurants across the UK named
Good Food Guide: The best restaurants across the UK named

Scotsman

time16-07-2025

  • Business
  • Scotsman

Good Food Guide: The best restaurants across the UK named

These are the restaurants with the Good Food Guide's stamp of approval 🍴 Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The Good Food Guide has revealed its 100 Best Local Restaurants 2025 The prestigious list is now celebrating its 15th year anniversary The overall winner is Lucky Lychee in Winchester The Good Food Guide has announced its annual 100 Best Local Restaurants list for 2025. 2025 marks 15 years of the Good Food Guide's annual list, which celebrates brilliant, independently run restaurants that offer affordable and accessible dining across the UK. Advertisement Hide Ad Advertisement Hide Ad To choose the best 100 restaurants, the Good Food Guide accepted almost 60,000 public nominations, before anonymous inspectors visited each one to determine the best. In partnership with business technology platform Square, the Good Food Guide has revealed its 100 Best Local Restaurants for 2025, including its winner for every region and the overall winner. Samantha Hussain-Letch, executive director at Square, said: 'At Square, supporting the food and beverage industry is our top global priority, so we're proud to partner with The Good Food Guide to celebrate this exceptional list of restaurants. 'We're seeing incredible innovation and renewed optimism across the hospitality sector, and at Square, we're committed to being the best digital partner possible – so restaurateurs can focus on what they do best: delivering outstanding customer experiences. Advertisement Hide Ad Advertisement Hide Ad 'The restaurants recognised by The Good Food Guide exemplify creativity and excellence, and we're excited to see how they continue to shape the future of the industry.' The overall winner was Winchester's Lucky Lychee, which is a Malaysian restaurant run by married couple, James Harris and Nicole Yeoh. Here is every restaurant included on The Good Food Guide's 100 Best Local Restaurants 2025. South East Lucky Lychee, Winchester (Overall and South East winner) Mori Mori, Margate Pompette, Oxford Seasonality, Maidenhead Amari, Brighton Pulpo Negro, Alresford John Dory Wine, Sandgate JoJo's, Whitstable Fifteen Square Metres, Broadstairs The Goods Shed, Canterbury Med, Brighton Lovitaly, Ringwood Clay's Kitchen & Bar, Caversham London Ida, Queen's Park (London winner) Giulia, Shepherd's Bush Home SW15, Putney Les 2 Garçons, Crouch End Chuku's, Tottenham Lorne, Victoria Miga, Hackney Paulette, Maida Vale Brutto, Farringdon Mambow, Clapton The Lacy Nook, Walthamstow Slowburn, Walthamstow Cinder, St John's Wood Good Food Guide: The best restaurants across the UK named in prestigious list | Andrew Bayda - South West Counter Culture, Newquay (South West winner) New Wave Brasserie, Lechlade St Eia, St Ives Edie's, St Austell Post, Newnham on Severn The Seahorse, Dartmouth Wild Artichokes, Kingsbridge Brassica, Beaminster Root Wells, Wells Higher Farm, Castle Cary The Lost Kitchen, Chettiscombe North Street Kitchen, Fowey Bokman, Bristol Juliet, Stroud Little Hollows Pasta, Bristol Upstairs at Landrace, Bath Other, Bristol Central and East of England Fino, Cromer (Central & East of England winner) Fancett's Bistro, Cambridge Auction House, Louth Tropea, Birmingham Hitchen's Barn, Oakham Lark, Bury St Edmunds L'Hexagone Bistro Français, Norwich Chater's, Saffron Walden Little Brickhouse, Nottingham A Tavola Gastronomia Siciliana, High Peak Ebi Sushi, Derby Piccalilli, Nottingham North West Lupo, Prestwich (North West winner) Cibus, Levenshulme Stretford Canteen, Manchester Belzan, Liverpool Sé Anār, Blackpool Cantaloupe, Stockport Bar San Juan, Manchester The Yan, Grasmere The Spärrows, Manchester Yorkshire and the North East Long Friday, Newcastle upon Tyne (Yorkshire & the North East winner) Hearth, Hull Coin, Hebden Bridge The Small Canteen, Newcastle upon Tyne Skosh, York The Waterside, Ruswarp Bench, Sheffield Bavette, Leeds Isla, Durham Norman's Neighbourhood Kitchen, Kirkburton North, Sunderland Black Wheat Club, York The Nettle, Settle The Swine Bistro, Leeds Scotland Redwood Wines, Dunkeld (Scotland winner) Tide & Thyme, Tighnabruaich The Dory Bistro, Pittenweem The Gordon Arms, Selkirk Fin & Grape, Edinburgh Mara, Aberdeen Barry Fish, Edinburgh Leftfield, Edinburgh The Palmerston, Edinburgh Gloriosa, Glasgow The Free Company, Balerno The Whitehouse, Lochaline Pomelo, Edinburgh Wales Paternoster Farm, Hundleton (Wales winner) Y Marram, Newborough The Warren, Carmarthen Mesen, Cardiff The Shed, Swansea The Black Bear Inn, Bettws Newydd The Dining Room, Abersoch Casanova, Cardiff Y Polyn, Nantgaredig For more information on the Good Food Guide , please visit its website.

Good Food Guide: The best restaurants across the UK named
Good Food Guide: The best restaurants across the UK named

Scotsman

time16-07-2025

  • Business
  • Scotsman

Good Food Guide: The best restaurants across the UK named

These are the restaurants with the Good Food Guide's stamp of approval 🍴 Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The Good Food Guide has revealed its 100 Best Local Restaurants 2025 The prestigious list is now celebrating its 15th year anniversary The overall winner is Lucky Lychee in Winchester The Good Food Guide has announced its annual 100 Best Local Restaurants list for 2025. 2025 marks 15 years of the Good Food Guide's annual list, which celebrates brilliant, independently run restaurants that offer affordable and accessible dining across the UK. Advertisement Hide Ad Advertisement Hide Ad To choose the best 100 restaurants, the Good Food Guide accepted almost 60,000 public nominations, before anonymous inspectors visited each one to determine the best. In partnership with business technology platform Square, the Good Food Guide has revealed its 100 Best Local Restaurants for 2025, including its winner for every region and the overall winner. Samantha Hussain-Letch, executive director at Square, said: 'At Square, supporting the food and beverage industry is our top global priority, so we're proud to partner with The Good Food Guide to celebrate this exceptional list of restaurants. 'We're seeing incredible innovation and renewed optimism across the hospitality sector, and at Square, we're committed to being the best digital partner possible – so restaurateurs can focus on what they do best: delivering outstanding customer experiences. Advertisement Hide Ad Advertisement Hide Ad 'The restaurants recognised by The Good Food Guide exemplify creativity and excellence, and we're excited to see how they continue to shape the future of the industry.' The overall winner was Winchester's Lucky Lychee, which is a Malaysian restaurant run by married couple, James Harris and Nicole Yeoh. Here is every restaurant included on The Good Food Guide's 100 Best Local Restaurants 2025. South East Lucky Lychee, Winchester (Overall and South East winner) Mori Mori, Margate Pompette, Oxford Seasonality, Maidenhead Amari, Brighton Pulpo Negro, Alresford John Dory Wine, Sandgate JoJo's, Whitstable Fifteen Square Metres, Broadstairs The Goods Shed, Canterbury Med, Brighton Lovitaly, Ringwood Clay's Kitchen & Bar, Caversham London Ida, Queen's Park (London winner) Giulia, Shepherd's Bush Home SW15, Putney Les 2 Garçons, Crouch End Chuku's, Tottenham Lorne, Victoria Miga, Hackney Paulette, Maida Vale Brutto, Farringdon Mambow, Clapton The Lacy Nook, Walthamstow Slowburn, Walthamstow Cinder, St John's Wood Good Food Guide: The best restaurants across the UK named in prestigious list | Andrew Bayda - South West Counter Culture, Newquay (South West winner) New Wave Brasserie, Lechlade St Eia, St Ives Edie's, St Austell Post, Newnham on Severn The Seahorse, Dartmouth Wild Artichokes, Kingsbridge Brassica, Beaminster Root Wells, Wells Higher Farm, Castle Cary The Lost Kitchen, Chettiscombe North Street Kitchen, Fowey Bokman, Bristol Juliet, Stroud Little Hollows Pasta, Bristol Upstairs at Landrace, Bath Other, Bristol Central and East of England Fino, Cromer (Central & East of England winner) Fancett's Bistro, Cambridge Auction House, Louth Tropea, Birmingham Hitchen's Barn, Oakham Lark, Bury St Edmunds L'Hexagone Bistro Français, Norwich Chater's, Saffron Walden Little Brickhouse, Nottingham A Tavola Gastronomia Siciliana, High Peak Ebi Sushi, Derby Piccalilli, Nottingham North West Lupo, Prestwich (North West winner) Cibus, Levenshulme Stretford Canteen, Manchester Belzan, Liverpool Sé Anār, Blackpool Cantaloupe, Stockport Bar San Juan, Manchester The Yan, Grasmere The Spärrows, Manchester Yorkshire and the North East Long Friday, Newcastle upon Tyne (Yorkshire & the North East winner) Hearth, Hull Coin, Hebden Bridge The Small Canteen, Newcastle upon Tyne Skosh, York The Waterside, Ruswarp Bench, Sheffield Bavette, Leeds Isla, Durham Norman's Neighbourhood Kitchen, Kirkburton North, Sunderland Black Wheat Club, York The Nettle, Settle The Swine Bistro, Leeds Scotland Redwood Wines, Dunkeld (Scotland winner) Tide & Thyme, Tighnabruaich The Dory Bistro, Pittenweem The Gordon Arms, Selkirk Fin & Grape, Edinburgh Mara, Aberdeen Barry Fish, Edinburgh Leftfield, Edinburgh The Palmerston, Edinburgh Gloriosa, Glasgow The Free Company, Balerno The Whitehouse, Lochaline Pomelo, Edinburgh Wales Paternoster Farm, Hundleton (Wales winner) Y Marram, Newborough The Warren, Carmarthen Mesen, Cardiff The Shed, Swansea The Black Bear Inn, Bettws Newydd The Dining Room, Abersoch Casanova, Cardiff Y Polyn, Nantgaredig

'Cosy' wine bar and restaurant in beautiful town named best in Scotland by national guide
'Cosy' wine bar and restaurant in beautiful town named best in Scotland by national guide

Scotsman

time15-07-2025

  • Business
  • Scotsman

'Cosy' wine bar and restaurant in beautiful town named best in Scotland by national guide

A small restaurant and wine bar in one of Scotland's most popular river-side towns is the best in the country, according to the Good Food Guide. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... An independent wine bar and restaurant has been named the best in Scotland by a national guide. The Good Food Guide, in partnership with Square, has announced its 100 Best Local Restaurants for 2025. Topping the list, as overall winner, is Lucky Lychee in Winchester, a standout Malaysian restaurant run by husband-and-wife duo James Harris and Nicole Yeoh, while Dunkeld wine bar Redwood is named Best Local Restaurant in Scotland. Advertisement Hide Ad Advertisement Hide Ad Redwood Wines is a cosy bottle shop, wine bar and restaurant located on Bridge Street in Dunkeld close to the famous Aran Bakery. Serving seasonal small plates ideal for lunch or a light dinner, they're also known for their epic £20 roast beef sandwich . The wine list and what's on the shelves is impressive, and it has been designed to make wine accessible. Talking to The Scotsman ahead of opening, co-owner Roseanna Preston-Jones said: 'The mission is to make wine accessible and fun by discovering smaller boutique vintners as well as exploring more classical vignerons. Whether hosting intimate tastings or larger gatherings, the approach is simple; making people comfortable talking about wine. We want to relieve the pressure and snobbery of the wine world and make it fun, easy, educational, and accessible'. Roseanna and Morgwn Preston-Jones said of their business being named as best in Scotland by the Good Food Guide: 'We are truly honoured to be recognised by The Good Food Guide. 'We pour our heart and soul into every aspect of Redwood and sharing that passion for food and wine fills us with great joy. We love Dunkeld, our loyal customers and visitors alike.' Advertisement Hide Ad Advertisement Hide Ad Redwood Wines in Dunkeld has been named the best local restaurant in Scotland by the Good Food Guide | TSPL The Good Food Guide's inspector said: 'It's exactly the kind of place you long to see in your neighbourhood', praising the 'joyous' cooking and quiet brilliance of Redwood's offering. 'We can't believe Dunkeld has such a fantastic little place like this,' agreed one of the reader nominations, adding: 'The wine selection is stunning and the overall ambience and experience world class.' Now in its 15th year, the Best Local Restaurant awards spotlight brilliant, independently run venues that define affordable and accessible dining across Britain. From Argyll to Anglesey, Newcastle to the Cornish coast, nearly 60,000 public nominations poured in from diners eager to champion their favourite spots. The Guide's anonymous inspectors criss-crossed the country to put these nominations to the test, revealing how Britain really eats in 2025. Advertisement Hide Ad Advertisement Hide Ad In a recent survey, 61% of diners said that eating out has become too expensive for them in 2025. The Good Food Guide's editor, Chloë Hamilton, said: 'Great value for money is a big focus of this year's list. We're celebrating wine bars serving sensational small plates, neighbourhood bistros breathing new life into faded towns, and cherished family-run gems where you can enjoy a great meal for under £20.' This year's Best Local Restaurants campaign is in partnership with business technology platform Square. Commenting on Square's partnership, Samantha Hussain-Letch, executive director at Square, said: 'At Square, supporting the food and beverage industry is our top global priority, so we're proud to partner with The Good Food Guide to celebrate this exceptional list of restaurants. We're seeing incredible innovation and renewed optimism across the hospitality sector, and at Square, we're committed to being the best digital partner possible – so restaurateurs can focus on what they do best: delivering outstanding customer experiences. The restaurants recognised by The Good Food Guide exemplify creativity and excellence, and we're excited to see how they continue to shape the future of the industry.' Affordability in mind While the rising cost of dining out has hit the wallets of customers all over Britain, a major feature of this year's list is affordability, with £15 lunch menus proving particularly popular. Advertisement Hide Ad Advertisement Hide Ad Lucky Lychee (overall winner), Fino in Cromer (Central & East of England winner), Stretford Canteen (Manchester), Piccalilli (Nottingham), Juliet (Stroud) and Post in Newnham on Severn (Gloucestershire) will all feed customers well for less than £20 per head, usually with a drink included. Other notable value-for-money venues include Swine Bistro in Leeds (two courses for £20), an £11.50 lunch at Pomelo in Edinburgh and a two-course lunch for £18 at New Wave Brasserie in Lechlade (Gloucestershire). We still love Italian food - and wine bars offer flexibility The approachable format of wine bars and bottle shops offer much needed flexibility to local diners across Britain. A glass of something good and a menu of tempting snacks and small plates might lead to a full-blown meal, or serve as a midweek stop-in. Redwood Wines, Fino and Counter Culture – all regional winners – follow this mould, alongside the excellent wine-led St Eia in St Ives, Mara in Aberdeen and John Dory Wine in Sandgate. Elsewhere, the charm of old-school Italian trattorias has won the hearts of communities around the country. From the lived-in warmth of London winner, Ida, to the chequered tablecloths at North West winner, Lupo, and the low-lit buzz of Brutto, a laid-back conviviality and produce-first approach has proved a recipe for success. 10% of this year's Best Local Restaurants are Italian. The Scottish restaurants that made the Good Food Guide's 2025 Best Local Restaurant list Redwood Wines, Dunkeld (Scotland winner) Tide & Thyme, Tighnabruaich The Dory Bistro, Pittenweem The Gordon Arms, Selkirk Fin & Grape, Edinburgh Mara, Aberdeen Barry Fish, Edinburgh Leftfield, Edinburgh The Palmerston, Edinburgh Gloriosa, Glasgow The Free Company, Balerno The Whitehouse, Lochaline Pomelo, Edinburgh

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