In Brief The total crypto market cap drops $50 billion to $3.27 trillion, stuck under $3.28 trillion resistance, with $3.10 trillion critical support. Bitcoin holds $93,625 support, aiming to reclaim $95,668 and target $100,000, but risks falling to $89,800 if bearish trends persist. Bitget Token slides 12% to $6.51, with $4.90 support crucial to prevent…
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In Brief XRP Open Interest plunged $1 billion in 24 hours, reflecting growing trader skepticism about a price breakout. Price DAA Divergence signals bearish sentiment, with declining participation and consolidation under $2.73 resistance. XRP risks dropping below $2.00 support but could aim for $3.31 ATH if broader market conditions turn bullish. XRP has been consolidating…
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In Brief Ethereum investors bought 87,000 ETH worth $300 million in 24 hours, signaling confidence in a recovery toward $4,000. Active address momentum surpasses the yearly average, reflecting increased network activity and solidifying ETH’s support at $3,327. Breaching $3,524 resistance could push ETH to $4,000, but losing $3,327 may lead to a drop toward $3,000,…
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In Brief Galaxy Research expects Bitcoin to surpass $185,000 due to increased adoption by nations and major corporations. The stablecoin market is anticipated to grow beyond $400 billion, driven by new entrants and evolving regulatory clarity. The US government is unlikely to buy Bitcoin directly but discussions around a Bitcoin reserve policy would develop. Galaxy…
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In Brief Hamster Kombat launches a layer-2 network on TON to expand HMSTR token use and power the Hamsterverse ecosystem. The new Hamster Network aims to strengthen Hamster Kombat’s position in decentralized gaming with DAO-backed strategies. Despite earlier setbacks, the platform plans a major gameplay overhaul in Season 2, focusing on player-driven customization and innovation.…
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In Brief Solana co-founder Stephen Akridge is accused of stealing millions in staking rewards from his ex-wife during their divorce. Rossi alleges Akridge exploited her lack of blockchain expertise to control her Solana wallet and redirect earnings. The lawsuit highlights increasing legal disputes in crypto, as Solana gains notable growth and popularity in 2024. Stephen…
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In Brief Bitcoin analysts predict a potential price drop to $60,000 before a bullish rebound in 2025, citing weak current momentum. Key support levels between $97,000 and $93,800 have been breached, raising concerns of further declines to $70,000 or lower. Investor sentiment shows nervousness, with $3 billion in BTC moved to exchanges and ETF outflows…
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In Brief Movement token surges by 25%, breaking the $1 mark, with trading volume climbing to $1.69 billion, indicating strong market interest. Factors behind the rally include increased activity on the network after integrating Wrapped Bitcoin (WBTC) and rising active addresses. Movement (MOVE) uptrend continues, and may reach $1.45 or even $2. Instead, a sell-off…
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In Brief AAVE price has surged 220% this year and 110% in the last 30 days, driven by strong bullish momentum. RSI at 59.2 indicates neutral-to-bullish momentum, signaling potential consolidation after a recent near-overbought peak. CMF remains positive at 0.17, suggesting sustained capital inflows but hints at cooling momentum following a peak of 0.27. AAVE price…
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In Brief Crypto.com launches a new US trust company to offer custody services to institutions and high-net-worth individuals. This marks a significant step in Crypto.com’s expansion within the North American market. The company has been actively expanding globally, securing licenses in various jurisdictions. Crypto.com announced the launch of a new trust company in the US…
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