Tag:

prices

PS5 prices increase from tomorrow in the U.S. as Sony "navigates a challenging economic environment"
Esports

PS5 prices increase from tomorrow in the U.S. as Sony “navigates a challenging economic environment”

by admin


Sony is increasing the price of the PlayStation 5 in the U.S. as of tomorrow, August 21.

In a brief statement posted to the PlayStation Blog during Gamescom, the megacorp said that from tomorrow, the updated recommended retail price for all variations of the PS5 — base, digital edition, and PS5 Pro — will increase to:

  • PlayStation 5 – $549.99
  • PlayStation 5 Digital Edition – $499.99
  • PlayStation 5 Pro – $749.99

Previously, the PS5 retailed for $499.99, the digital edition $449.99, and the PS5 Pro for $699.99.

“Similar to many global businesses, we continue to navigate a challenging economic environment. As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the U.S. starting on August 21.”

Accessory prices remain unchanged, and Sony confirmed it had “no other price changes to announce for additional markets.”

We recently learned that Forza Horizon 5’s PS5 port has surpassed three million copies sold, making it the top new PS5 game of 2025 thus far.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Will Shanklin
Product Reviews

Philips Hue says US prices will go up in July because of tariffs

by admin


When Philips Hue’s US prices go up next month, you can officially know who to blame. (Hint: It rhymes with “rump.”) Parent company Signify told Hueblog (via The Verge) that its price increases are “a direct result of tariffs.” See how easy that was, Amazon?

Before that confirmation, the company vaguely referred to an upcoming price increase. “Hurry, prices go up on July 1,” marketing copy from earlier this month stated.

Signify’s statement to Hueblog doesn’t mince words about Trump’s trade war being the culprit. “Signify will increase prices on our Philips Hue portfolio in the US, effective July 1, 2025, as a direct result of tariffs,” it wrote. “We remain committed to providing consumers with high-quality products and features that make smart lighting extraordinary. Signify reserves the right to modify prices based on new or additional tariffs becoming effective in the future.”

We don’t yet know the exact price increases. The company says it will reveal them when they take effect on July 1. But there are some hints. The newly upgraded Hue smart button costs $32 compared to the old model’s $25. If you think that’s because it’s a new version, the product stayed at the same €21.99 as its predecessor in Europe. Up to this point, the company’s US pricing had been around a 1:1 conversion.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Crypto ETPs Post $1.2B Inflows While Spot Prices Drop
Crypto Trends

Crypto ETPs Post $1.2B Inflows While Spot Prices Drop

by admin



Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops.

Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending June 20, CoinShares reported on Monday.

With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historic high at $15.1 billion, CoinShares’ head of research, James Butterfill, said.

Total assets under management (AUM) in crypto ETPs also edged up to $176.3 billion from last week’s $175.9 billion.

Bitcoin leads ETP inflows for a second consecutive week

Bitcoin (BTC) ETPs saw a second consecutive week of inflows, totalling $1.1 billion, despite BTC prices dropping from around $108,800 last Monday to $103,000 by the end of the week, according to CoinGecko.

The resisting growth in the Bitcoin ETP dynamics despite the spot price decline indicated that investors were buying on weakness, CoinShares’ Butterfill suggested.

Crypto ETP flows by asset as of June 20, 2025 (in millions of US dollars). Source: CoinShares

“This sentiment was further supported by minor outflows from short-Bitcoin products, which totalled $1.4 million,” he added.

Crypto Fear & Greed Index briefly shifts to “Fear”

CoinShares’ new crypto ETP report follows some notable adjustments in the Crypto Fear & Greed index, which suggests that the market sentiment dropped to “Fear” on Sunday after maintaining “Greed” for the past month. On Monday, the index slightly recovered to “Neutral.”

Though crypto ETP activity remained strong last week, the ETP sentiment cooled in the latter half of the week, likely due to the US Juneteenth holiday and emerging reports of US involvement in the Iran conflict, CoinShares’ Butterfill noted.

Related: Bitcoin ‘weakness shall pass’ after dip below $100K: Arthur Hayes

Crypto Fear & Greed index as of June 23, 2025. Source: Alternative.me

Both crypto ETPs and spot crypto prices held strong in the previous trading week, with ETPs posting $1.9 billion of inflows despite the escalation of the Israel-Iran conflict.

Magazine: History suggests Bitcoin taps $330K, crypto ETF odds hit 90%: Hodler’s Digest, June 15 – 21



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Bitcoin Plunges Below $100K as XRP and Dogecoin Prices Hit 2-Month Lows

by admin



Crypto prices continued to crater Sunday morning, with Bitcoin dropping below $100,000 mark, Ethereum plunging 10% on the day, and assets like Solana, XRP, and Dogecoin falling to multi-month lows.

The downward shifts came after the United States entered the conflict between Israel and Iran, with President Donald Trump announcing late Saturday that U.S. forces bombed three Iranian nuclear facilities in an attack dubbed Operation Midnight Hammer.

The move threatens to further inflame tensions in the Middle East, following recent back-and-forth attacks between Israel and Iran. Much like those attacks, the salvo from the United States is impacting financial markets as well.

Bitcoin is currently down more than 3% on the day at a price of $99,843. That’s the lowest price marked for the leading cryptocurrency since early May, per data from CoinGecko.

Ethereum has taken a much harder hit on the day, falling more than 10% to a current price of $2,171. Like Bitcoin, it’s the lowest mark seen for ETH since early May, paring back some of the sizable gains that the coin put up last month.



Major altcoins like XRP, Solana, and Dogecoin haven’t fallen as hard as ETH on the day, but their historical impact is more pronounced, with all three showing low prices not seen in two months. XRP is currently priced at $1.95, while Solana comes in at $127 and Dogecoin is at $0.147.

Liquidations have only accelerated across the crypto market, with CoinGlass showing $949 million worth of “rekt” positions over the last 24 hours. Ethereum is leading the way there with about $369 million worth, followed by Bitcoin at $242 million.

The vast majority of the liquidations are longs—or bets that an asset’s price will go up—at $849 million worth.

Users of prediction market Myriad have become increasingly bearish on Bitcoin’s price prospects amid the chaos. Asked whether BTC is more likely to jump to $115,000 (a new all-time high) next or plunge below $95,000, users give the latter option a nearly 65% chance as of this writing.

Just Friday morning, Myriad users were banking on the $115,000 move.

(Disclosure: Myriad is a product of Decrypt’s parent company, DASTAN.)

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Ethereum
Crypto Trends

Here’s Why The Ethereum, Dogecoin, And XRP Prices Suffered A Wipeout

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ethereum, Dogecoin, and XRP prices have suffered significant losses over the last day, sparking a bearish outlook for these altcoins. This price crash comes amid the US Supreme Court decision, which keeps the Trump tariffs in place, and the lingering Israel-Iran conflict.

Why Ethereum, Dogecoin, And XRP Prices Are Down

CoinMarketCap data shows that the Ethereum, Dogecoin, and XRP prices have crashed in the last 24 hours. ETH is down almost 4% while DOGE and XRP are down almost 2% and 3%, respectively. This comes following the US Supreme Court’s denial of a motion to expedite the consideration of a motion on whether the Trump tariffs are legal or not. 

This means that the Trump tariffs remain in place while the appeal cases continue. Trump’s administration had earlier appealed a Federal Trade Court’s ruling that the tariffs were beyond the president’s authority under the International Emergency Economic Powers Act (IEEPA). Meanwhile, a second Federal Court also ruled against the tariffs. 

However, the latest Supreme Court decision presents a setback for the crypto market, seeing as the Trump tariffs will remain in place at least for now. The tariffs are bearish for the Ethereum, Dogecoin, and XRP prices, which explains why these altcoins witnessed a sharp decline. The tariffs have already raised concerns of inflation, with the Federal Reserve holding off on rate cuts. 

Fed Jerome Powell has indicated that the committee is well prepared to wait and see how the tariffs impact the economy rather than rush to cut rates. Rate cuts are typically bullish for the Ethereum, Dogecoin, and XRP prices because they inject more liquidity into these assets. However, these rate cuts could remain on hold if the tariffs persist. 

 

Another reason the Ethereum, Dogecoin, and XRP prices declined is because of the ongoing Israel-Iran conflict, which has gone on for over one week now. Both countries launched fresh strikes on each other in the last 24 hours, a move that is likely to further escalate the war. Meanwhile, the US is reportedly considering joining the war, which is also bearish for these altcoin prices. 

The White House stated that Donald Trump would decide on whether the US will join the war within two weeks. The US consideration has sparked fear among investors, which could have also contributed to the decline for the Ethereum, Dogecoin, and XRP prices.

A Positive For These Altcoins

Amid this decline, a positive for the Ethereum, Dogecoin, and XRP prices is Fed Governor Christopher Waller’s statement that rate cuts  could happen as early as next month. In a CNBC interview, he opined that they need to move slowly but that he thinks that they can start easing monetary policies from next month. 

US President Donald Trump has also called on the Fed to cut rates several times. In one of his most recent Truth Social post, he raised the possibility of firing Jerome Powell if the Fed Chair continues to delay on rate cuts. A potential rate cut would be bullish for the Ethereum, Dogecoin, and XRP prices.

Overall market cap excluding BTC at $1.1 trillion | Source: TOTAL2 on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Ford Ranger Plug-In Hybrid Review: Prices, Availability, Specs
Product Reviews

Ford Ranger Plug-In Hybrid Review: Prices, Availability, Specs

by admin


Fitness for purpose. Take a deftly aimed power tool to all the marketing flim-flam, and you can’t go far wrong with that mantra. There’s no messing around when it comes to a pick-up truck, a vehicle that has a clear job to do, and in most cases does it admirably.

Except that even this segment isn’t immune to mission creep, and these hardy vehicles are now expected to double as workhorse and acceptable all-round family transport. The Ford F-150 may typify the breed, but outside of the US the Ranger has been in active duty for more than 40 years. A global player since 2011, it sells in 180 territories worldwide, and is particularly dominant in the European pick-up market.

But get this, 80 percent of the Rangers sold in the UK last year were in Wildtrak spec, the version that swaddles the hard plastics in leather and ladles on the decals. It’s—deep breath—a genuine lifestyle vehicle, beloved by the sort of buyers who actually do stuff rather than just think about it.

Now, at last, there’s an electrified version, though we’re talking hybrid rather than the whole enchilada. Ford sells the fully electric Lightning in the US, where it’s locked in battle with Tesla’s Cybertruck (though neither is setting the sales chart aflame), but this is the closest Brits are going to get for the foreseeable at least. Only Chinese maker Maxus sells an electric pick-up in the UK, a vehicle we wouldn’t recommend, and Toyota’s indestructible Hi-Lux makes do with a mild hybrid setup. This makes the Ranger PHEV a significant new arrival.

It shares its platform hardware with the VW Amarok, and is manufactured in Ford’s Silverton plant in South Africa. Until now, engine options have been limited to a 2.0-liter petrol or 3.0-liter diesel. The new car uses Ford’s excellent 2.3-liter “Ecoboost” turbo petrol unit (as previously seen in the Focus and Mustang), bolstered by a 75-kW (100-bhp) electric motor, packaged within the bell-housing of the 10-speed automatic transmission.

Pick-Up Philosophy

It’s fed by an 11.8-kWh battery (usable) that sits under the Ranger’s load bed. Despite its compact size, that still necessitated modifications to the vehicle’s ladder frame chassis, resulting in a 20-millimeter bulge. (It has a 1-metric-ton payload and can accommodate a Euro pallet between the wheelhouses.) An electronically controlled clutch engages and disengages the e-motor and combustion engine, switching between petrol, hybrid, and electric propulsion. Visual differences are limited to a second filler flap on the near-side rear wing, with a lightning bolt logo on it, which hides the charging port for the battery. On a 7-kW wall charger, it takes about 2.5 hours to charge.

Here’s how it works. EV Auto is the default setting, blending electric and petrol power in a way best suited to everyday use, or if you’re towing or lugging a heavy load. EV Now does what it says: This is for electric driving only, Ford claiming a range of around 26 miles (WLTP). EV Later allows the driver to store electric energy, particularly useful if you’re heading into the city or a zero-emission zone. Finally, there’s EV Charge, which sees the petrol engine charge the high-voltage battery, though it won’t top it up by all that much. In addition to those, the PHEV maintains the driving modes used in extant Ranger models: Normal, Eco, Slippery, Tow/Haul, Mud/Ruts, and Sand. This new Ranger variant is clearly messing with the sacred strictures of the pick-up philosophy.



Source link

0 comments
0 FacebookTwitterPinterestEmail
The Sonos Era 300 is 20 percent off in this home speaker sale
Gaming Gear

Sonos speakers and soundbars are on sale for record-low prices

by admin


Sonos is selling a bunch of its speakers at a discount on its own site and Amazon. This includes the well-regarded Era 300 smart speaker, which is down to just $359. That’s 20 percent off and notable because this particular speaker rarely goes on sale. It’s a Sonos miracle!

The deal applies to both the black and white colorways. The Era 300 is a highly capable device that we praised in our official review, saying that it “sounds excellent.” We went on to say that it offers a premium experience that far surpasses other products in the company’s lineup, like the Era 100. This is also true when compared to rival speakers like Apple’s HomePod.

Sonos

It’s simple to set up and offers the company’s proprietary Trueplay tuning system. This feature optimizes the sound of the speaker to the unique acoustics of a room by leveraging an internal microphone. It measures how sound reflects off surfaces and adjusts the EQ to match. It’s pretty nifty.

As for connectivity, it can pair with another Era 300 speaker for a true stereo experience. It also includes a Bluetooth receiver and line-in options. Of course, the speaker integrates with just about every streaming music service. The built-in mic also allows for voice assistant control, but only with Siri and Alexa. Google Assistant is left out of the party.

This speaker goes all-in on spatial audio, and the results are mixed. Sometimes it’s sublime and sometimes it’s kind of eh. This is more of a dig on the technology itself. It has serious potential but is still experiencing growing pains. The only real downside of this speaker is the exorbitant asking price, which has been slightly alleviated by this sale.

As previously mentioned, other Sonos products are available at a discount. This includes the Sonos Beam Gen 2 soundbar, which is 26 percent off at $369, and the Era 100, which is down to $179. These deals are also available via Sonos itself. There’s also an ongoing sale on portable speakers that includes the Move 2 and the Roam 2.

Follow @EngadgetDeals on X for the latest tech deals and buying advice.





Source link

0 comments
0 FacebookTwitterPinterestEmail
BTC's 7-day options skew. (Deribit/Amberdata)
Crypto Trends

‘Skew’ Slides as Oil Prices Surge 6% on Israel-Iran Tensions

by admin



Bitcoin’s

short-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil prices

The seven-day skew, which measures the relative richness of Deribit-listed BTC calls to puts, slid to -3.84%, the lowest since April 16, according to data source Amberdata. In other words, put options offering downside protection became the most expensive relative to calls in three months. The demand for put also pushed the 30-day and 60-day skews into the negative territory.

Traders typically buy put options when seeking to hedge their long positions in the spot or futures market, or to profit from an expected price decline.

Bitcoin’s price fell to its 50-day simple moving average (SMA) at $103,150, extending 24-hour losses to 4.59%, according to CoinDesk data. Prices briefly topped the $110,000 mark early this week. The bulls might be hoping for the 50-day SMA to hold, as a potential decline below it could entice more sellers, as observed after the support broke down in February.

BTC’s 7-day options skew. (Deribit/Amberdata)

The per-barrel price of WTI crude surged over 6% to $74.30 per barrel, reaching the highest since Feb 3, and extending the weekly gain to 13%, according to data source TradingView. The move happened after Israel conducted airstrikes on Iran, supposedly drawing retaliatory missile action from Tehran.

Inflationary impulse

Sudden oil price spikes tend to generate an inflationary impulse worldwide and the latest one could do so while President Donald Trump’s trade war threatens to upend the economy and inject inflation, particularly in net-importer countries.

All of this could dent expectations for Fed rate cuts, adding to downside volatility in stocks and cryptocurrencies. As of writing, futures tied to the S&P 500 traded 1.5% lower on the day.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Why are Bitcoin and crypto prices going up today?
GameFi Guides

Why are Bitcoin and crypto prices going up today?

by admin



Bitcoin and top altcoins like Venice Token, Kaia, Ravencoin, Fartcoin, and SPX6900 rose on Monday as U.S.-China trade talks got underway.

Bitcoin (BTC) climbed to $108,000, its highest level since May 29, marking a 7.55% gain from its monthly low. Venice Token (VVV) rose to $3.52, sharply up from this month’s low of $2.56.

Similarly, Kaia (KAIA), Ravencoin (RVN), Fartcoin (FARTCOIN), and SPX6900 (SPX) jumped by over 10% on Monday. This surge brought the market capitalization of all coins to over $3.35 trillion.

The likely catalyst was the easing of trade tensions between the United States and China, with negotiations beginning in London on Monday afternoon. Talks are expected to extend into Tuesday.

Markets are hopeful that the two sides will reach an agreement to ease export controls and possibly reduce tariffs. Such an outcome would likely temper investor fears that have lingered for months amid escalating trade restrictions.

Bitcoin and altcoins rose as accumulation continued. Strategy bought 1,045 coins worth $110 million last week, bringing its total holdings to 582,000 coins worth over $62 billion. Other companies like Trump Media, MetaPlanet, and GameStop have continued buying Bitcoin.

This wave of accumulation has pushed the amount of Bitcoin held on exchanges down to 1.18 million, compared to 1.57 million on January 1. Declining exchange balances are typically viewed as bullish, indicating that investors are moving assets into self-custody for long-term holding.

Bitcoin supply on exchanges | Source: Santiment

Bitcoin also jumped after some bullish statements from top players in finance. Cathie Wood believes that Bitcoin price could jump 15x from here in the next five years. FundStrat’s Tom Lee also believes that the coin will end the year at between $200,000 and $300,000 this year.

Bitcoin price cup and handle pattern activates

BTC price chart | Source: crypto.news

Further, Bitcoin and other altcoins rose as Bitcoin’s cup-and-handle pattern activated. As the chart above shows, it has moved above the upper side of the descending channel, pointing to an eventual surge to $142,000, as we predicted here. Altcoins do well when Bitcoin is in a strong rally.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Helene Braun
NFT Gaming

USDC Issuer Circle Prices NYSE IPO at $31 Per Share, Valuing Stablecoin Firm at $6.2 Billion

by admin



Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26.

The company sold around 34 million shares in the offering for a valuation of $1.1 billion. Bloomberg pegs the total amount raised in the IPO at $6.2 billion.

Circle initially planned to offer just 24 million Class A shares, with 9.6 million coming from the firm itself and the remainder from early stakeholders. But as demand soared, the offering ballooned to more than 10 times the original amount.

The stablecoin issuer will begin trading on Thursday on the New York Stock Exchange (NYSE) under the ticker “CRCL.”

This initial public offering (IPO) marks the second major crypto company to go public under the Trump administration, after eToro listed last month.

The stablecoin issuer’s road to the public markets has been long. It first attempted to go public in 2021 through a special purpose acquisition company (SPAC). That deal eventually collapsed, though Circle never stopped pursuing its IPO ambitions.

Circle issues USDC, the second-largest U.S. dollar-pegged stablecoin in circulation, which has become a backbone for many crypto trading pairs and decentralized finance applications. Going public gives the company access to deeper capital markets and increased regulatory scrutiny, potentially helping shore up investor confidence in the wake of recent volatility in crypto markets.

The firm’s entrance to the NYSE comes amid renewed interest in digital assets and as U.S. legislators weigh clearer rules for stablecoins and their issuers, potentially giving publicly traded issuers an edge.

Sen. Bill Hagerty, the main sponsor of the Senate’s stablecoin bill, said on Bloomberg earlier Wednesday that the Senate needs to pass that piece of legislation as soon as possible, arguing that it would protect consumers while keeping more issuers and other companies in the U.S.

“We have broad agreement, with respect to the content of this stablecoin legislation,” he said. “This is going to, I think, take us into the 21st century, in terms of upgrading our payment systems … Because every one of these stablecoins will be backed up dollar for dollar with U.S. treasuries.”

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

UPDATE (June 4, 2025, 22:18 UTC): Adds Hagerty comment.
UPDATE (June 4, 2025, 23:07 UTC): Updates headline and story throughout to clarify that Circle will start trading tomorrow.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close