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Hype Malaysia
2 days ago
- Entertainment
- Hype Malaysia
Shangri-La Kuala Lumpur Marks 40th Anniversary With High Tea & High Fashion
In celebration of its 40th anniversary, Shangri-La Kuala Lumpur hosted An Afternoon in Style on Saturday, 19th July 2025, a chic afternoon tea and fashion show experience that beautifully combined timeless hospitality with Malaysian creativity. Held at the hotel's Lobby Lounge, the one-day event paid homage to the golden era of Kuala Lumpur's social scene, where weekend fashion shows and elegant high teas were a beloved tradition. This special afternoon reimagined that legacy with a modern flair, warmly received by a lively crowd of invited guests, fashion enthusiasts, and media friends. Guests were treated to a stunning showcase of Carven Ong's Signature Spring/Summer 2025 collection, featuring contemporary linen pieces that blend comfort, elegance, and effortless style. The collection reflected a refreshing, modern aesthetic – perfect for today's lifestyle, yet timeless in appeal. Adding to the afternoon's charm were exclusive designer handbags by Ryan Lee and exquisite jewellery by Grace Teoh, both proudly highlighting local artistry and craftsmanship. To complement the fashion showcase, guests enjoyed a specially curated 40th Anniversary Afternoon Tea, featuring handcrafted delights infused with premium blends from the London Tea Exchange. The elegant tea set included a selection of savoury bites, delicate desserts, and premium teas, all served with the gracious service that defines Shangri-La hospitality. The 40th Anniversary Afternoon Tea Set is available daily at the Lobby Lounge until 15th August 2025, offering more guests the opportunity to savour this refined culinary experience in celebration of the hotel's milestone year. In his welcome remarks, General Manager Daniel Kaeflein shared: 'This year is a very special one for all of us at Shangri-La Kuala Lumpur. 'As we celebrate four decades of heartfelt hospitality, we're proud to honour our legacy while creating new memories with our guests.' 'Today's event brings together two things we value deeply, meaningful experiences and the celebration of local artistry. 'We're delighted to share this moment with all of you,' he added. The event also featured an exclusive lucky draw, where guests stood a chance to win exciting prizes including ready-to-wear couture by Carven Ong, luxury stays across Shangri-La Hotels and Resorts in Malaysia and memorable dining experiences. An Afternoon in Style was more than a celebration of fashion; it was a heartfelt tribute to four decades of creating cherished memories at Shangri-La Kuala Lumpur. For dining reservations and enquiries, contact Shangri-La Kuala Lumpur at +603 2786 2378 or email enquiries at
Yahoo
18-07-2025
- Business
- Yahoo
XRP Rockets 20% to Set Record Highs, With $10 Price Target in Play
XRP zoomed more than 20% in the past 24 hours to hit $3.61 — its highest level in over six years — as institutional buyers and breakout traders piled in during a session marked by three massive volume surges. The move followed weeks of accumulation near the $3 mark and came with price volatility nearing 20%, signaling strong conviction behind the rally. Per CoinDesk Analytics, over 200 million XRP changed hands during each of the breakout windows at 05:00, 08:00, and 21:00 UTC, propelling the token past key resistance at $3.52–$3.53. The $3.29–$3.30 zone served as a high-volume base throughout the session, with bulls repeatedly absorbing sell pressure and defending their ground. 'Short-term price targets range from $2.00–$2.17 on the downside to $2.65–$3.00 on the upside,' said Ryan Lee, Chief Analyst at Bitget. 'Long-term forecasts suggest $4.20–$10+ by 2030 if Ripple capitalizes on payment adoption, though $2.50 remains a pivotal level to watch for the next breakout or breakdown,' Lee added. Lee noted that XRP's medium-term trajectory could extend to $5.89, depending on ETF approvals and regulatory clarity. However, technical indicators remain mixed, with a neutral RSI and bearish MACD pointing to potential near-term consolidation. Open interest in XRP derivatives topped $10 billion for the first time since 2021, while funding rates across major exchanges flipped positive, suggesting aggressive long positioning. XRP has gained nearly 70% in the past 30 days, emerging as the strongest token among all majors. And it might just be getting started. 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
Yahoo
16-07-2025
- Business
- Yahoo
Bitcoin Dips Below $117,000: What On-Chain Data Reveals About The Next Big Price Shift
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin (CRYPTO: BTC) is down nearly 5% from its all-time high of $122,838, trading at $116,880 as of Tuesday morning European time, as the broader crypto market pauses ahead of key macroeconomic data and reacts to a spike in large-scale on-chain activity. Ethereum (CRYPTO: ETH) has also dipped, down 2.5% to around $2,980. What Experts Are Saying: Speaking with Benzinga, analysts say the move is largely a correction following a rapid run-up, compounded by heightened uncertainty around U.S. inflation data and growing signs of profit-taking by major holders. "It's expected that after a large run, some correction is likely, especially following an uninterrupted move from $108K to $122K," said Nicolai Sondergaard, Research Analyst at Nansen. "We now see quite some heavy liquidation levels around $116.3K which is something to watch next as an immediate psychological level." Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — On-chain data from CryptoQuant confirms that whales—large Bitcoin holders—have begun repositioning. According to the firm, over 1,800 BTC were deposited onto Binance in a single day, with transactions over $1 million accounting for more than 35% of total inflows. These movements are typically viewed as precursors to increased volatility. "This activity on Binance is a critical market signal," the firm noted, citing the exchange's dominant position in global spot and derivatives trading. The whale inflows suggest either profit-taking after the rally or preparations to hedge against downside risk ahead of CPI data. Bitfinex analysts attributed the pullback to a combination of factors, including the recent rally's exhaustion and caution ahead of U.S. inflation figures due later today. "Bitcoin's recent pullback appears to be a natural breather following fresh all-time highs, alongside a cautious wait-and-see stance ahead of today's CPI release." They added that if core inflation exceeds 3.2%, it could delay Federal Reserve easing, lift the dollar, and put pressure on risk assets like Bitcoin. "That would strengthen the dollar and hurt demand for non-yielding assets like Bitcoin, potentially extending the pullback by another 5–10%, based on prior CPI events."On the other hand, a softer-than-expected print—such as a headline figure below 2.5% and core easing toward 2.9%—could revive bullish momentum. "A similar outcome today could push Bitcoin back toward $120K+ again especially if ETF inflows remain strong as they have in the past 2 weeks," Bitfinex said. Longer term, structural factors such as U.S. tariffs could keep CPI elevated near 2.9%, which analysts say may limit the scale or duration of any policy-driven rally. Altcoin markets, which had shown renewed strength following Bitcoin's recent high, are also under pressure. Ryan Lee, Chief Analyst at Bitget Research, pointed to a typical capital rotation pattern: "The recent surge in altcoins following Bitcoin's all-time high reflects a classic capital rotation pattern, as traders seek higher beta plays after BTC's initial breakout." Lee said Ethereum could range between $2,500 and $3,500 in Q3 depending on DeFi activity and ETF momentum, while Solana (CRYPTO: SOL) and XRP's (CRYPTO: XRP) trajectories will depend on network growth and regulatory outcomes respectively. What's Next: Market experts suggest that the next move for Bitcoin and by extension, the rest of the crypto market, will hinge on today's inflation data and how it influences interest rate expectations. Whale behavior and ETF flows will also remain key variables. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share 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 Bitcoin Dips Below $117,000: What On-Chain Data Reveals About The Next Big Price Shift 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
Yahoo
16-07-2025
- Business
- Yahoo
Bitcoin Dips Below $117,000: What On-Chain Data Reveals About The Next Big Price Shift
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin (CRYPTO: BTC) is down nearly 5% from its all-time high of $122,838, trading at $116,880 as of Tuesday morning European time, as the broader crypto market pauses ahead of key macroeconomic data and reacts to a spike in large-scale on-chain activity. Ethereum (CRYPTO: ETH) has also dipped, down 2.5% to around $2,980. What Experts Are Saying: Speaking with Benzinga, analysts say the move is largely a correction following a rapid run-up, compounded by heightened uncertainty around U.S. inflation data and growing signs of profit-taking by major holders. "It's expected that after a large run, some correction is likely, especially following an uninterrupted move from $108K to $122K," said Nicolai Sondergaard, Research Analyst at Nansen. "We now see quite some heavy liquidation levels around $116.3K which is something to watch next as an immediate psychological level." Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — On-chain data from CryptoQuant confirms that whales—large Bitcoin holders—have begun repositioning. According to the firm, over 1,800 BTC were deposited onto Binance in a single day, with transactions over $1 million accounting for more than 35% of total inflows. These movements are typically viewed as precursors to increased volatility. "This activity on Binance is a critical market signal," the firm noted, citing the exchange's dominant position in global spot and derivatives trading. The whale inflows suggest either profit-taking after the rally or preparations to hedge against downside risk ahead of CPI data. Bitfinex analysts attributed the pullback to a combination of factors, including the recent rally's exhaustion and caution ahead of U.S. inflation figures due later today. "Bitcoin's recent pullback appears to be a natural breather following fresh all-time highs, alongside a cautious wait-and-see stance ahead of today's CPI release." They added that if core inflation exceeds 3.2%, it could delay Federal Reserve easing, lift the dollar, and put pressure on risk assets like Bitcoin. "That would strengthen the dollar and hurt demand for non-yielding assets like Bitcoin, potentially extending the pullback by another 5–10%, based on prior CPI events."On the other hand, a softer-than-expected print—such as a headline figure below 2.5% and core easing toward 2.9%—could revive bullish momentum. "A similar outcome today could push Bitcoin back toward $120K+ again especially if ETF inflows remain strong as they have in the past 2 weeks," Bitfinex said. Longer term, structural factors such as U.S. tariffs could keep CPI elevated near 2.9%, which analysts say may limit the scale or duration of any policy-driven rally. Altcoin markets, which had shown renewed strength following Bitcoin's recent high, are also under pressure. Ryan Lee, Chief Analyst at Bitget Research, pointed to a typical capital rotation pattern: "The recent surge in altcoins following Bitcoin's all-time high reflects a classic capital rotation pattern, as traders seek higher beta plays after BTC's initial breakout." Lee said Ethereum could range between $2,500 and $3,500 in Q3 depending on DeFi activity and ETF momentum, while Solana (CRYPTO: SOL) and XRP's (CRYPTO: XRP) trajectories will depend on network growth and regulatory outcomes respectively. What's Next: Market experts suggest that the next move for Bitcoin and by extension, the rest of the crypto market, will hinge on today's inflation data and how it influences interest rate expectations. Whale behavior and ETF flows will also remain key variables. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share 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 Bitcoin Dips Below $117,000: What On-Chain Data Reveals About The Next Big Price Shift originally appeared on
Yahoo
15-07-2025
- Business
- Yahoo
Dogecoin Leads Losses Among Majors as Profit-Taking Grips Crypto Market
A wave of profit-taking and risk-off trading ripped through crypto markets late Monday, with long traders being liquidated for over $406 million in 24 hours. Another $269 million came from short-side losses, taking the total liquidation figure to $675.8 million, marking one of the heaviest wipeouts since April. The heaviest blow landed on bitcoin (BTC) longs, which saw over $333 million in forced closures, followed by ether (ETH) at $113 million and XRP at $36 million. Solana's SOL and dogecoin (DOGE) were also hit, shedding around $14 million each. Dogecoin was the worst-performing major, dropping over 7.6% on the day as speculative froth evaporated. BTC and ETH also fell 3.1% and 2.6%, cooling off after a nearly week-long rally. The largest single liquidation came from a $98.1 million BTC/USDT long on Binance, per liquidation tracker Coinglass. Even as bitcoin trades near record highs, some desks are stepping back from the euphoria. Derivative flows suggest that traders aren't rushing to chase the upside, and elevated funding rates are making leveraged bets increasingly expensive. The sense is that markets may be due for a breather after an overheated run. "With BTC in uncharted territory, short-term ceilings remain unclear," wrote QCP Capital in a note to clients. "Funding rates are elevated, and the memory of February's $2 billion liquidation event still lingers." Options data paints a picture of cautious optimism, QCP wrote. While short-dated implied volatility ticked higher, it remains well below 2023 averages. September and December risk reversals still favor call options, hinting at longer-term bullishness, though traders appear reluctant to chase upside in the near term. Meanwhile, some analysts are urging traders not to mistake momentum for inevitability. Mounting institutional demand and macro shifts are undeniably fueling the rally, but they're also raising the stakes. 'The road to $150,000 by Q3 looks increasingly plausible, powered by ETF inflows, supply constraints, and macro tailwinds like a weakening dollar and potential Fed cuts,' Bitget's Ryan Lee said in a note to CoinDesk. 'The road to $150,000 by Q3 looks increasingly plausible, powered by supply scarcity and mounting institutional demand. Still, this isn't a one-way street. Profit-taking, rate speculation, and geopolitical risks could spark a short-term pullback, potentially dragging BTC into a $105,000–$115,000 consolidation zone,' Lee in to access your portfolio
