XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market. While the long-term outlook for XRP remains bullish, the recent drop highlights risks that investors need to monitor closely. […]
A rise in stablecoin deposits on exchanges is generally viewed as a sign of increased buying interest in cryptocurrencies. While USDC dominance has increased, the buying momentum in the US remains absent. Consolidation Predicted Amid Market Turmoil Lately, USDC issuance has grown significantly, resulting in a notable inflow of the stablecoin into exchanges. During this […]
Digital asset investments saw $1.9 billion in inflows last week, bringing YTD inflows to $4.8 billion. Presidential orders proposing Bitcoin as a reserve asset likely influenced this surge in investments. Despite flat price movements, trading volumes reached $25 billion, making up 37% of trusted exchange activity. Bitcoin Dominates Digital Asset Inflows US President Donald Trump […]
A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after breaking out a symmetrical triangle pattern. On […]
In a recent interview, Ki Young Ju, the CEO of CryptoQuant, drew interesting parallels between the crypto meme coin market and the art industry. As per Young, both these markets aim to draw valuations of an intangible instrument through narrative and market hype. Meme coins are often based on a popular meme, incident, or personality. […]
Cardano’s price has failed to continue its upward momentum after failing to break above the key $1.2 resistance level. Moreover, ADA plunged below the $1 mark during today’s market crash. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the ADA/USDT pair, the price has been dropping lower after failing to reach the $1.2 resistance […]
Bitcoin’s price has once again failed to break above the $108K resistance level, as the crypto market is correcting going into the new week. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, it is evident that the asset has once again failed to close above the $108K resistance level after […]
[PRESS RELEASE – Toronto, CA, January 27th, 2025] SOL has secured $14M in New Funding with $10M Dedicated to Additional Purchases of Solana SOL Global Investments Corp. (CSE: SOL) (FSE: 9SB) (“SOL Global” or the “Company”), one of the first publicly traded companies focused on institutional Solana investments, has announced its latest corporate highlights and […]
Coinbase CEO Brian Armstrong recently suggested that the ‘floodgates are opening’ for TradFi firms to find the best crypto to invest in. According to Armstrong, Donald Trump’s crypto plans (including a US Bitcoin strategic reserve) and the blockchain’s potential for economic freedom are what’s ‘forcing everyone to up their game.’ As more mainstream players join […]
Bitcoin has encountered a critical breakdown, slipping below the $100,000 support level, a significant milestone that has been pivotal in its recent price rally. This unexpected move raises concerns over the sustainability of its upward momentum, with the market now at a crossroads. It is important to be keenly on the lookout for whether this […]