Author: WebDesk

Join Our Telegram channel to stay up to date on breaking news coverage Fundstrat Global Advisors managing partner Tom Lee says Ethereum bottomed at around $4,300, while his ETH treasury firm Bitmine Immersion Technologies snapped up another $21 million of the altcoin leader. “Calling ETH bottom to happen in next few hours,” Lee said in an X post earlier today just after 8 p.m. EST.  Lee shared a screenshot of a message he received from Fundstrat’s managing director of technical strategy, Mark Newton. Newton said that ETH presents “a very good risk/reward” at its current levels. He added that he…

Some digital coins are catching more attention as September nears. Ethereum, Solana, XYZVerse (XYZ), and Chainlink are all showing strong movement. Analysts are watching these choices for signs of a bigger jump ahead of 2025. New trends and market signs could guide which coins see the most growth. Find out which ones could lead the way.Ethereum holds mid-4k as traders watch 5.5k resistanceSource: TradingViewEthereum trades between $4245 and $5136. Weekly gain sits near 4.94% but price stays under the 10-day moving average at $4740. RSI at 40 and a low stochastic hint at fading buy strength. MACD below zero backs…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The question reverberating across —whether a decisive break below $105,000 would end the Bitcoin bull cycle—drew a crisp rebuttal from popular market analyst CrediBULL Crypto (@CredibleCrypto). In a pair of late-night posts to his 476,000 followers, he argued that while $105,000 is a key threshold for…

Join Our Telegram channel to stay up to date on breaking news coverage The crypto market tumbled almost 2% in the last 24 hours as Bitcoin slid below the crucial $110,000 support level, initiating a massive sell-off across top digital assets, including Solana, Ethereum, and Dogecoin. The Bitcoin price dropped to as low as $109,300 before recovering to trade at $110,329 as of 3:56 a.m. EST, with trading volume surging 13% to $54.3 billion. SOL tumbled 5%, ETH dropped almost 4% and DOGE more than 4% in the last 24 hours. FARTCOIN led the top losers with a 13.6% drop,…

Key Highlights:  Pudgy Penguins dropped 19.6% in the last 7 days. This has caused around 175 underwater loans being liquidated on Blur.  The Canary Capital PENGU ETF to include both Pudgy Penguins and PENGU tokens.  Such crises raise concerns about NFT volatility and valuation, which could complicate the ETF’s approval.  Pudgy Penguin, a well-known NFT collection, is facing a dramatic downturn as the floor price of the NFT fell by 19.6% over the last seven days as per CoinGecko. This movement has sparked intense volatility and forced liquidations on the Blur NFT lending marketplace. It has been observed that influencers…

Join Our Telegram channel to stay up to date on breaking news coverage An altcoin season could take off later this year, driven by the SEC’s expected approval of ETFs for smaller-cap tokens and a rebound in Bitcoin ETF inflows. That’s according to researchers at Bitfinex, who said in research note that such a “rising tide lifts all boats’ environment” is poised for later in the year. Once new crypto ETFs and Bitcoin ETFS start to gain momentum, they are likely to generate sustained demand, the researchers said, adding that this would create the conditions “for a broader re-rating across…

Bitcoin’s worrisome correction has continued to find lower supports as the price has failed to find a local bottom. That said, Tuesday’s low at $108,700 may have been that bottom. Is the rebound loading, or could there be even more pain to come?$BTC momentum indicators resetSource: TradingViewThis current correction from top to bottom has so far totalled a loss of 12.74%, or in dollar terms, a much more impressive $15,800 haircut. However, If one takes into account that the previous bull flag correction was also around 12%, perhaps the current price malaise isn’t as bad as it feels.At the bottom…

U.S. banks are starting to feel pressure from the cryptocurrency world as the recently approved GENIUS Act opens the door for stablecoins to enter finance. Bank executives fear this could trigger a wave of substitution that would make them obsolete. Banks Fear Substitution by Stablecoins After GENIUS Act Now that stablecoins have become regulated via […] Credit: Source link

Will XRP reach $20? Right now, this question is being discussed everywhere as XRP just hit multiyear highs of $3.66, but analysts are saying the real bull run hasn’t even started yet. Could XRP reach $20 in 2025? Actually, multiple chart patterns are showing bullish signals, and some XRP price prediction models are targeting explosive moves toward $7-$20 if key resistance levels finally get broken.Also Read: XRP Investment: What $10 Daily Since 2015 Would Be Worth TodayXRP Price Outlook Highlights Bull Run, Market Risks, And Growth PotentialSource: Coin EditionXRP Dominance Signals Mega Bullish WaveRight now, XRP’s market dominance sits at…

Crypto liquidations have hit $940 million as Bitcoin slips briefly below $109,000. This mass liquidation comes only a few days after the market saw gains following the Fed Chair’s Jackson Hole speech. Summary Crypto liquidations cross over $940 million after BTC briefly dips below $110,000. The overall crypto market lost $200 billion despite seeing major gains from the Fed Chair’s speech about possibly cutting interest rates. According to data from CoinGlass, the majority of crypto liquidations were long positions; which made up $826.51 million of the total $941 million of liquidations. As Bitcoin (BTC) briefly dipped below the $110,000 threshold,…