In Brief ADA’s BBTrend is recovering from -28 to -9.4 but remains negative, signaling lingering bearish pressure. The Ichimoku Cloud setup reflects weak momentum, with ADA struggling to break above key resistance levels. If bullish momentum returns, ADA could test $0.82, with a breakout potentially leading to a 67% rally toward $1.16. Cardano (ADA) price…
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In Brief Analysts favor Litecoin for ETF approval but unexpectedly rank Dogecoin above Solana and XRP for SEC consideration. The SEC’s new Crypto Task Force may reclassify assets, benefiting Litecoin and Dogecoin while hurting Solana’s chances. Grayscale and Bitwise push new ETF applications, signaling growing demand and possible SEC action in the near future. Analysts…
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In Brief Solana smart wallets are profiting from crypto narratives, with one turning $511,000 into $4.8 million in TRUMP trades. A high-risk trader achieved a 2,993% return on RIF and a 1,460% gain on OPXL, capitalizing on volatile swings. A meme coins specialist traded 205 tokens in 90 days, securing $1.4M in realized profit from…
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In Brief A Beijing court sentenced former financial official Hao Gang to 11 years in prison for bribery and Bitcoin-related money laundering. Investigators found that Gang accepted millions in bribes to assist Bitcoin mining firms and help a senior executive evade travel restrictions. Despite these efforts, China’s approach to cryptocurrency regulation remains inconsistent, with conflicting…
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In Brief Ethereum’s weekly price plunged 20% to $2,608, with supply in profit dropping from 97% to 65%, fueling bearish sentiment among traders. Despite the decline, US Spot ETFs saw a two-month high inflow of 89,290 ETH ($236 million), signaling institutional accumulation. ETH must reclaim $2,698 to spark recovery; losing $2,546 support could push the…
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In Brief Hong Kong has reportedly approved Bitcoin and Ethereum as valid proof of assets for investment immigration applications. Reports indicate that two applicants have successfully used cryptocurrency holdings to meet the HK$30 million requirement. This decision reinforces Hong Kong’s ambition to become a global digital finance hub while ensuring regulatory oversight on crypto. Hong…
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In Brief XRP price dropped 22% this week with bearish indicators, but RSI suggests potential stabilization amid growing buying interest. XRP whale activity surged then stabilized, indicating a consolidation phase that could signal either renewed confidence or profit-taking. A bearish death cross in XRP’s EMAs suggests downside risks, but a reversal above $2.60 could pave…
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In Brief Solana price drops 17% as bearish momentum persists, trading near $200 while market sentiment remains mixed. Solana’s downtrend shows signs of easing, but key resistance levels must be broken for a potential bullish reversal. Solana consolidates near $200 as traders watch for a breakout or further decline toward critical support levels. Solana (SOL) price…
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In Brief AI crypto tokens show mixed performance as SwarmNode.ai surges 150% while Virtuals Protocol struggles. SwarmNode.ai leads AI crypto gains, while Venice Token attempts recovery amid transparency concerns. Virtuals Protocol faces heavy losses as AI crypto market slows, while key tokens fight for momentum. Despite the strong corrections in the last 30 days, artificial…
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In Brief Dogecoin remains below $0.33, down 2% in 24 hours, while trading volume has dropped 36%, signaling weak market momentum. The Ichimoku Cloud and EMA structures confirm a bearish setup, with DOGE struggling to break key resistance levels. BBTrend remains negative but is improving, suggesting bearish momentum is fading, though DOGE still faces downside…
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