In Brief FLOKI Price Surges 62.39% in a Week: The token exhibits strong bullish momentum but faces overbought RSI at 71.42, signaling caution. Ichimoku Cloud Remains Bullish: FLOKI stays well above the cloud, with positive leading spans and EMA alignment supporting further gains. Potential for 57% Upside: If momentum holds, FLOKI could hit $0.00031; however,…
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In Brief BlackRock expands its BUIDL fund to Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing blockchain-based accessibility. BUIDL’s multi-chain approach offers on-chain yield, flexible custody, 24/7 transfers, and integration opportunities for developers. BlackRock’s digital strategy, including IBIT Bitcoin ETF and tokenized funds, bridges traditional finance with digital asset technology. BlackRock, the world’s largest asset manager,…
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In Brief VanEck Europe has launched a new SUI-based ETN, expanding its ETN offerings across 15 European countries. The SUI blockchain’s recent price surge may boost investor interest, despite lingering bearish indicators. VanEck’s ETN approach includes a series of blockchain products, such as recent launches for PYTH and Solana staking. VanEck Europe launched a new…
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In Brief Google Cloud’s new blockchain partnerships: BNB Chain secures $10 million for developer incentives, ZetaChain gains mainnet validation. BNB Chain’s $10 million fund targets small blockchain developers, Google Cloud allocates credits for AI and Web3-focused MVB projects. Google Cloud validates ZetaChain’s mainnet and testnet, enhancing network trust and boosting security. On Tuesday, two blockchain…
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In Brief Litecoin partners with Coinut to launch Wrapped Litecoin (WLTC) on Ethereum, boosting interoperability. WLTC users access Ethereum features like staking, lending, and dApps, enhancing Litecoin’s utility. Litecoin price dipped post-announcement, raising questions on WLTC’s adoption amid waning token-wrapping interest. Litecoin is partnering with Coinut, a Singaporean crypto exchange, to offer Wrapped Litecoin (WLTC)…
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In Brief MARA reports $125 million net loss in Q3, with a $92 million rise in operating costs year-over-year. Despite setbacks, MARA’s energized hash rate surged 93%, boosting operational potential amid challenging mining conditions. Following Trump’s re-election, MARA anticipates pro-crypto regulations, supporting future mining and diversification into AI. In its Q3 2024 shareholder letter, Bitcoin…
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In Brief CRO Surges Amid High RSI Levels: CRO’s RSI has soared to 81.77, signaling overbought conditions and heightened risk of a pullback. CMF Declines, But Stays Positive: The CMF dropped from 0.40 to 0.14, indicating reduced but still present buying momentum. Resistance at $0.185 Looms: CRO’s next major resistance level is $0.185, with key…
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In Brief SUI total value locked has reached $1.36 billion, reflecting investor confidence and increasing blockchain adoption. Positive BBTrend and EMA alignment indicate strong buying interest and price recovery. If trends continue, SUI could climb further. Key support at $2.21 may prevent deeper corrections if momentum slows. SUI price has just reached a new all-time high,…
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In Brief Peter Schiff calls Bitcoin’s recent surge a “bubble” and predicts catastrophic losses for both investors and the economy. Schiff argues Bitcoin and blockchain are “popular delusions” and warns of a severe misallocation of resources. He also dismisses the idea of a US Bitcoin reserve, claiming it would destabilize the economy and devalue the…
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In Brief Ethereum rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high boosting investor optimism. LTHs are starting to potentially sell, increasing “Liveliness” but risking price pressure if liquidations persist amid bullish momentum. If ETH flips $3,327 to support, it could rise toward $3,524; failure to hold may prompt a…
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