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Category: Cryptocurrency

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Ethereum’s 20% Crash Leads to Highest ETF Inflows in Two Months

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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Hong Kong Recognizes Bitcoin and Ethereum for Investment Immigration Applications

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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XRP Price Stabilizes as Whale Activity Levels Off After Recent Surge

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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Solana (SOL) Price Drops 17% in a Week as It Struggles Below $200

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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Top 3 AI Coins To Watch For The Second Week Of February 2025

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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Dogecoin (DOGE) Price Struggles to Gain Momentum As Trading Volume Falls 36%

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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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap holds at $3.12 trillion but must break $3.16 trillion to confirm bullish momentum and target $3.28 trillion. Bitcoin is testing $97,421 support; reclaiming $100,000 could spark a rally to $105,000, while failure risks a drop to $95,668. XCN plunged 14% to $0.0258, nearing key $0.0237 support; a rebound…
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Over $3 Billion Bitcoin and Ethereum Options Expiring as Markets Digest Effects of Trump Tariffs

In Brief Bitcoin options worth $2.56 billion and Ethereum options at $557 million are expiring today, impacting market trends. Expiring BTC options have a 0.57 put-to-call ratio, suggesting bullish sentiment, with a max pain point of $99,500. Weak market sentiment, partly due to Trump tariffs and macroeconomic data, contributes to low max pain points for…
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Former Malaysian PM’s X Account Hacked to Promote Scam Meme Coin

In Brief Hackers took over the former Malaysian Prime Minister’s X account to promote a fraudulent meme coin, stealing $1.7 million. The scam is part of a rising trend in fake political meme coins, after scammers used the TRUMP token to steal $857 million. Crypto scams are surging, with a 2000% rise in Telegram phishing…
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TRUMP Price Surges 10% as Market Cap Nears $4 Billion Again

In Brief TRUMP price jumps 10% in 24 hours but remains below key resistance levels amid bearish pressure. RSI recovers from oversold levels, but BBTrend stays negative, signaling lingering downside risks. TRUMP eyes $24.58 resistance as momentum builds, but failure to break higher could trigger a correction. TRUMP price is up roughly 10% in the…
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