In Brief Solana (SOL) trades at $216, with trading volume dropping from $12.60B to $5.72B, signaling bearish resistance. Active addresses fell from 20M to 17.98M, reflecting declining network engagement and weakening support for a rally. If selling pressure persists, SOL could drop to $190.30, but increased volume and buying could push it toward $300. On…
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In Brief Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which alleged market manipulation and insider trading. Both sides have withdrawn motions seeking sanctions, ending legal disputes following the case’s dismissal in August. The lawsuit claimed Musk’s public statements influenced Dogecoin’s price, but the judge ruled they did not amount to securities fraud.…
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In Brief MAYA: With a $21.4 million market cap and 36,000 holders, MAYA rose 40% in 24 hours, maintaining an RSI of 42.44, signaling growth potential. Banana: Achieved a $36.6 million market cap and 14,000 holders in 3 days; RSI of 58 indicates cautious growth opportunities ahead. Jorgie: Garnered 22,000 holders and a $14.3 million…
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In Brief Bullish Momentum Weakening: GOAT’s ADX has dropped to 27.63, signaling the trend is still strong but losing some intensity. RSI Near Overbought: The RSI at 67.63 suggests GOAT is nearing overbought levels, indicating potential for a correction soon. 39% Correction Risk: Support at $0.76 is critical; a break could see a drop to…
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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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