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Tag: crypto

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How Abu Dhabi Global Market’s Regulatory Framework Attracts Major Crypto Players

In Brief The Abu Dhabi Global Market (ADGM) has played a key role in positioning the UAE as a leading hub for cryptocurrency and blockchain adoption. Its supportive regulatory framework, streamlined processes, and commitment to innovation have attracted major industry players. The DLT Foundations Framework provides a unique and innovative legal structure for blockchain foundations…
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This Week in Crypto: Binance Lists AI Agents, Grayscale Token Offerings, Trump’s Crypto Ball, and More

In Brief Binance listed three AI agent tokens, leading to a surge of over 40%, and showcased growing interest in AI-driven crypto assets. Grayscale unveiled 39 altcoins under consideration, emphasizing AI agents, meme coins, RWAs, and DePins as strategic priorities. XRP soared to $3.39, driving market optimism, while JPMorgan projected a $14 billion market for…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap added $24 billion to reach $3.48 trillion, nearing the $3.49 trillion resistance; flipping it could target $3.64 trillion. Bitcoin reclaimed $100,000 as support, aiming for $105,000, but profit-taking risks a drop to $95,668, delaying the bullish outlook. EOS surged 16%, breaking $0.93 resistance to climb above $1.00; holding…
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Why Is the Crypto Market Up Today?

In Brief The cryptocurrency market cap recovered to $3.22 trillion after a $208 billion drop; breaching $3.28 trillion could signal renewed bullish momentum. Bitcoin rebounded above $95,000 but must flip $95,668 into support to target $100,000; failure risks a drop to $89,800. FARTCOIN surged 40%, reclaiming $1.00; holding $0.98 support is crucial for targeting $1.61,…
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Why Is the Crypto Market Down Today?

In Brief The crypto market cap fell $40 billion, stuck below $3.28 trillion resistance; flipping this level is key for recovery. Bitcoin consolidates between $95,668 and $93,625; breaking $95,668 could spark a push toward $100,000 and end the stalemate. VIRTUAL faces a 15% decline, holding $2.27 support; flipping $3.26 resistance could restore bullish momentum and…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap dropped by $57 billion to $3.19 trillion, testing $3.16 trillion as critical support. Bitcoin trades at $93,675, holding $93,625 support, with recovery to $95,668 needed to regain bullish momentum. THORChain (RUNE) fell 18% to $3.25, nearing $2.93 support, but recovery above $3.43 could reverse bearish trends. The total…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap dropped by $227 billion to $3.28 trillion; losing this support risks a decline to $3.16 trillion, while a bounce could target $3.49 trillion. Bitcoin fell 5.8% to $96,290, holding above $95,668 support; losing this level risks a drop to $93,625, while recovery targets $100,000. Celestia dropped 14% to…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap surged by $77 billion to $3.49 trillion; holding this level could push it toward $3.64 trillion, while losing it risks a drop to $3.28 trillion. Bitcoin closed above $100,000 for the first time in three weeks, targeting $105,000 support; losing momentum risks a retreat below $100,000. Worldcoin rose…
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Top Crypto News This Week: Frax BUIDL Stablecoin, Sui Token Unlock, Bitcoin Mutual Funds

In Brief Frax Finance votes on using BlackRock’s BUIDL token to back its revamped frxUSD stablecoin, with unanimous support so far. Sui is set to unlock 64 million SUI tokens on January 1, primarily benefiting early investors and contributors. Six Israeli firms are launching Bitcoin mutual funds, but regulatory delays and cratering investment may limit…
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Why Is the Crypto Market Down Today?

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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