XRP price is currently consolidating above the key $2.00 support level while forming a pennant structure, raising the possibility of a bottom forming ahead of a major breakout. Summary XRP forms a pennant above key $2 support after capitulation. Structural support confirmed by two retests, signalling accumulation. Breakout direction likely [...]
NFT sales volume has fallen by 5.41% to $79.31 million, down from last week’s $84.44 million. Summary NFT sales dropped 5.41% to $79.31M even as buyers jumped nearly 1,000% this week. Algebra Positions NFT-V2 surged to $7.81M in sales while Pudgy Penguins plunged 37%. Ethereum and BNB Chain led NFT [...]
Aster’s price is struggling to maintain momentum at the key $1.00 support level, with weakening volume raising the risk of a deeper correction if buyers fail to step in. Summary $1.00 support has weakened after multiple retests with fading bullish volume Loss of point of control signals declining momentum and [...]
Iran is pushing forward with plans to adopt cryptocurrencies for international trade settlements as a way to circumvent U.S. and U.N. sanctions. Summary Iran advances crypto-based trade plans after sanctions return, calling it essential. Officials frame digital currencies as a required workaround to restricted payment rails. Industry leaders warn Iran’s [...]
Pi Network price remained in a tight range this week as the crypto market accelerated. Summary Pi Network’s price was largely flat this week as the crypto market crashed. The biggest Pi whale bought over 5 million tokens this week. The daily timeframe chart points to a strong bullish breakout [...]
XRP price remained in a bear market this week despite the strong launch of the first Ripple token exchange-traded fund in the United States. Summary XRP price has flashed numerous risky patterns on the daily chart. It has formed a death cross pattern and a series of lower lows. The [...]
Treasury yields, Federal Reserve policy, have put pressure on risk assets, including Bitcoin, during the government shutdown. Summary Bitcoin crashed below $100,000, despite positive news on the government shutdown Counterintuitively, the increased confidence in the U.S. government hurt Bitcoin Treasury yields and a dovish Federal Reserve undercut risk assets The [...]
Were the 127,000 Bitcoin seized by U.S. agents actually criminal proceeds, or did they originate from the LuBian mining pool? Summary Chinese mining pool LuBian started operations in the spring of 2020 and soon became the sixth-largest mining pool in the world. In February 2021, it ceased operation. Only in [...]
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There’s a funny thing about progress: it doesn’t always look like progress. Every year, new blockchains launch with sleeker branding, faster confirmation times, and bold promises to [...]
Binance, the world’s largest cryptocurrency exchange by volume, is joining forces with tokenized real-world assets platform Securitize to expand access to BlackRock’s tokenized fund as collateral asset for institutional traders. Summary Binance has integrated the BlackRock USD Institutional Digital Liquidity Fund as collateral. Collaboration with Securitize allows BUIDL use as [...]
