In Brief Ethereum struggles to sustain momentum, hovering around $3,000 after an 18% drop over the past month. RSI remains neutral at 54.8, signaling a lack of strong buying or selling pressure for the past 16 days. DMI shows weakening trend strength, with ADX dropping to 10.2, reflecting consolidation and market indecision. Ethereum (ETH) has…
Read more
In Brief Hedera climbs above $0.21 but struggles to confirm a bullish reversal after a 41% correction in the past 30 days. ADX at 23.2 signals weak trend strength, while the Ichimoku Cloud setup reinforces bearish momentum and strong resistance. EMAs remain bearish, with key support at $0.17; a breakdown could trigger a 42% drop,…
Read more
In Brief Coinbase’s addition of TokenBot (CLANKER) to its roadmap sparked a 90% surge in its value, pushing its market cap from $35 million to $66 million. CLANKER’s platform, which allows creators to launch ERC-20 tokens on the Base blockchain, has seen significant adoption with over $1.5 billion in cumulative trading volume. With a 126%…
Read more
In Brief Reeve Collins, co-founder of Tether, is launching Pi Protocol to democratize stablecoin minting and offer users yield incentives. US regulations may challenge Tether while Pi Protocol aims for compliance with transparent reserves and Treasury bond-backed assets. Pi Protocol could gain traction through regulatory shifts and potential name recognition but faces an uphill battle…
Read more
In Brief Hyperliquid (HYPE) drops 9% despite the launch of HyperEVM, signaling weak momentum and growing bearish pressure. HYPE’s ADX falls to 10.6, indicating a lack of strong trend direction, while RSI drops sharply, nearing oversold territory. If selling pressure persists, HYPE may test $22.5 support, but a breakout above $27.4 could push it past…
Read more
In Brief Crypto wallets are positioned to become the main tool for daily crypto asset management. Former Binance CEO CZ stresses that exchanges should serve professional traders only. Trust Wallet shows growth by catering to everyday blockchain and digital identity needs. Former Binance CEO Changpeng ‘CZ’ Zhao believes that crypto wallets should be the primary…
Read more
In Brief Argentine President Javier Milei reposted a tutorial on purchasing the controversial LIBRA token, despite retracting his initial promotion. The LIBRA token surged by 60% after Milei’s repost, sparking accusations of price manipulation and quick profits from insiders. Investigations by Argentina’s Anti-Corruption Office and US prosecutors are underway, with over 100 criminal complaints filed.…
Read more
In Brief President Trump’s project announces an airdrop of TRUMP meme coins for customers who purchased official Trump merchandise. Eligible products for the airdrop include Trump-branded items like sneakers, watches, and fragrances, with a claim deadline of March 1, 2025. The TRUMP meme coin’s value has struggled recently, with a 77.6% drop from its all-time…
Read more
In Brief CZ’s online activity fuels speculation as he continues discussing BNB Chain despite his official exit from Binance. BNB Chain trading volume surged, surpassing Solana temporarily, before dropping back to third behind Ethereum and Solana. Critics warn of speculative risks, accusing CZ of fueling hype-driven investments, while supporters see his role as pivotal to…
Read more
In Brief AI tokens like ARC and AI16Z are rebounding, with ARC surging 72% as interest in crypto AI agents grows. WOJAK gained 25%, while SPX6900 and PENGU remain in downtrends at key support levels. SPX6900 has struggled below $1 for two weeks, while PENGU trades at all-time lows, needing bullish momentum for recovery. Meme…
Read more
