Bitcoin price breaks out of a local triangle pattern and rallies toward $115,000, but the move faces major resistance at the channel high where a potential bull trap could emerge. Summary Bitcoin breaks out of local triangle consolidation with bullish momentum. $115,000 channel high acts as key resistance and potential bull trap zone. A confirmed…
Rising retail fear and whale sell-offs are pressuring XRP’s price, but history suggests this phase of capitulation could mark the start of a rebound. Summary XRP price bounces back slightly but retail selling intensifies amid rising market volume. On-chain data shows whale outflows and retail fear, often seen near rebound zones. Upcoming ETF and regulatory…
U.S. spot Ethereum ETFs recorded their second consecutive week of outflows, with around $555 million exiting the funds over the two-week period. Summary Spot Ether ETFs registered two consecutive weeks of outflows for the first time since April. Ether price breached past $4.2K resistance today and analysts now predict much higher gains over the coming…
Crypto prices today are on the green, rising for a second straight session as traders welcomed signs of easing U.S.–China trade tensions and growing expectations of a Fed rate cut. Summary Global crypto market up 3.5% to $3.98T as sentiment improves. BTC at $115K, ETH at $4.2K; liquidations surged 321% as shorts were squeezed. Rebound…
Japan’s first yen-backed stablecoin, JPYC, will officially launch on Monday, Oct. 27. Summary JPYC becomes the first stablecoin fully backed by the Japanese yen and government bonds. Japan’s megabanks plan to issue their own yen-based tokens to drive institutional use. Adoption challenges remain as Japan’s population continues to prefer cash transactions. This marks a major milestone in the…
XRP price continued its strong comeback this weekend as institutional demand for the token and its futures contracts jumped. Summary XRP price has jumped by over 88% from its lowest level this month. The recently launched XRP ETF has gained $100 million in assets. CME XRP futures open interest has continued its strong uptrend this…
Dogecoin’s price is stuck in a bear market after plunging by over 36% from its year-to-date high, and two emerging patterns point to a strong breakdown as demand wanes. Summary Dogecoin price could be on the verge of a strong bearish breakout. The coin has formed a bearish pennant pattern on the daily chart. It…
HBAR price remains in a deep bear market after plunging by over 42% from its year-to-date high. This crash could continue after Hedera formed a death cross pattern and as a key metric plunged. Summary HBAR price has formed a death cross pattern on the daily chart. The total value locked in Hedera has nosedived…
The crypto market is on the uptrend, with Bitcoin and most altcoins hovering at their highest point in over a week. Bitcoin (BTC) was at $112,866—up 5.3% from $107,088 a week ago—while total market capitalization climbed 14% to $3.73 trillion from this month’s low of $3.24 trillion. Source: CoinGecko Summary Bitcoin and the crypto market…
Shiba Inu price has plummeted by double digits from its highest point this year, and the ongoing performance of Shibarium, points to a steeper crash in the near term. Summary Shiba Inu price could crash as Shibarium total value locked plunges. The number of users in the network has continued falling. Technical analysis points to…
