Zcash price has rallied over 1,500% this year as privacy-focused cryptocurrencies gained increased attention from investors. Now, it is close to confirming an inverse head and shoulders pattern that could trigger a breakout in the upcoming trading sessions. Summary Zcash price is up 175% in the past month. Backing from heavyweights such as Arthur Hayes…
Maple Finance is facing an injunction from Core Foundation, the organization behind the Bitcoin-secured Core blockchain, over an alleged breach of confidentiality and exclusivity agreements tied to their Bitcoin yield partnership. Summary Core Foundation accused Maple Finance of breaching a commercial agreement. A Cayman Islands court has granted an injunction restricting Maple Finance from launching…
Bitcoin price is trying to push its way back above the $95,000 mark after sinking to a local low near $89,000, a drop that sparked a sharp rise in implied volatility. Summary Bitcoin price is attempting to break $95K after dropping from $126K all-time highs. Rising implied volatility and options skew indicate that traders are…
Solana declined on Tuesday, reaching $134 as the cryptocurrency extended its multi-day retreat to a 13.4% weekly loss, according to market data. Summary Solana extended its weekly decline to 13.4% after breaking below a key psychological support level, triggering automated selling. Trading volume dropped 26.7%, and Solana is now trading below major short-term moving averages….
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $523 million in net outflows on Tuesday, its most significant single-day withdrawal since launching in January 2024. Summary Abu Dhabi’s sovereign wealth fund Mubadala invested $518 million in a Bitcoin ETF. The fund tripled its Bitcoin exposure just before the crypto crash. BlackRock Inc.’s iShares Bitcoin Trust ETF posted…
Dogecoin price is defending the $0.15 region as a clear double bottom begins to form at key support. If confirmed, price may be preparing for a rotation toward $0.20 and higher. Summary Dogecoin is showing early signs of strength as buyers defend a major support zone. Market structure suggests momentum may be shifting in favour…
Ethereum price dipped into the Fibonacci Golden Pocket near $2,950, a major support zone where buyers have previously stepped in, raising the probability of a rebound toward $3,880. Summary $2,950 aligns with Golden Pocket and high-time-frame support Multiple daily closes show buyers defending the level Holding support opens path toward $3,880 and range continuation Ethereum…
The current market downturn has no structural parallels to the 2022 Luna, FTX collapse, says MEXC’s Cecilia Hsueh. Summary The latest market crash saw a sharp pullback, with Bitcoin dipping below $90,000 October saw a record $2 billion in liquidations, but only Binance saw serious issues The crash has no parallels to the 2022 Luna,…
Bitcoin price has returned to the key $90,000 support level that marked the previous cycle bottom, raising the possibility of a reversal if buyers can defend this region with strength. Summary $90,000 aligns with the channel low and value area low Retest mirrors the previous market bottom structure Holding support opens the probability of a…
Summary Japan Exchange Group is considering new oversight for listed companies that hold large amounts of cryptocurrency, possibly including fresh audits. Three companies paused crypto accumulation after JPX warned about potential fundraising restrictions if crypto reserves became central. Metaplanet, now holding 30,823 bitcoin, says it follows all rules, but analysts see increased regulatory scrutiny of…
