In Brief Onyxcoin’s RSI at 40.1 shows mild bearish momentum, hinting at consolidation without strong selling pressure. ADX at 15.1 indicates weakening downtrend strength, suggesting possible price consolidation or trend reversal. If bearish momentum fades, XCN could challenge resistance at $0.021, potentially rallying 30% before March. Onyxcoin (XCN) has fallen 16% over the past seven…
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In Brief 79% of FTX creditors plan to reinvest their repayments into crypto, with 62% favoring Solana and others eyeing meme and AI tokens. The survey only included participants with at least 10% of their portfolio in Solana or those holding $100 worth for a year. While the results highlight crypto interest, they don’t reflect…
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In Brief Solana’s TVL dropped to $9.90B before a slight recovery, reflecting ongoing ecosystem concerns. Bearish momentum is weakening, but SOL remains below key resistance levels, limiting recovery potential. A trend reversal could push SOL to $220, but failure to break resistance may continue the bearish trend. Solana (SOL) Total Value Locked (TVL) recently hit $9.90…
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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…
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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,…
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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%…
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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…
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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…
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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…
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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.…
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