Major cryptocurrencies were stable on Thursday, Oct. 21, showing signs of a wait-and-see approach as traders positioned ahead of a key U.S. inflation report. Summary Crypto prices today trade sideways ahead of U.S. CPI release. Fear & Greed Index improves to 27 as liquidations fall 30%. ETF outflows suggest near-term caution among institutions. At press…
Solana price continues to struggle below the 200 Exponential Moving Average (EMA), with repeated rejections signaling building downside pressure and a potential move toward $145 support. Summary Solana faces repeated rejections at the 200 EMA resistance zone. Weak volume and momentum confirm ongoing bearish pressure. Downside target remains $145 unless the 200 EMA is reclaimed….
Alexis Sirkia, Captain of Yellow Network, explains how P2P transactions can fix the scalability problem that continues to plague blockchains. Summary Web3 apps need fast and secure P2P transactions, says Yellow Network Captain Blockchains don’t have the computing power needed to handle the world’s information Solana has less capacity than a 1984 Intel processor Currently,…
The crypto market crash resumed today, Oct. 22, as the Fear and Greed Index slipped to the fear zone. Summary The crypto market crash resumed ahead of the US inflation data. Bitcoin price moved to $106,825, down from this week’s high of $112,965. The Crypto Fear and Greed Index has moved to the fear zone. …
AVAX price continued its downtrend today, Oct. 22, as the recent crypto market recovery faded. It has formed a giant megaphone pattern that points to a rebound soon. Summary Avalanche price has crashed and moved into a bear market this year. The developers will launch the Granite testnet next week. Technical analysis points to an…
LuBian-linked wallets have shifted 15,959 BTC worth $1.83 billion across four addresses, marking their second major transfer in weeks and reviving one of crypto’s longest-running on-chain mysteries. Summary LuBian-linked wallets moved 15,959 BTC worth $1.83B across four addresses, marking their second major transfer in a week. The activity revives interest in the 2020 LuBian theft,…
XRP price retreated for the second consecutive day, reaching a low of $2.40, down 35% from its highest point in July of this year. Summary XRP price has pulled back in the past few months. The token’s burn rate has continued falling. Ripple price has formed an inverse head-and-shoulders pattern. Ripple (XRP) token has crashed…
Mercer Park Opportunities Corp. is acquiring crypto platform Cube Group, in a merger deal set to create a $500 million Solana treasury company. Summary Mercer Park and Cube are eyeing a SPAC deal that values Cube Group at $300 million. The transaction will create a new company expected to buy $500 million Solana tokens for…
MegaETH is putting valuation power in the hands of bidders. The real-time blockchain said it will auction 5% of its token supply on Oct. 27 via Echo’s Sonar platform, starting at a $1 million valuation and capped below $1 billion. Summary MegaETH said it will auction 5% of its MEGA token supply on Oct. 27…
BTC price continues to consolidate within a defined trading range between $98K and $127K, with the price action testing key support as the market seeks equilibrium. Summary Bitcoin trades within a range between $98K support and $127K resistance. Rejection from range high confirms extended consolidation. Market aligns with Novogratz’s projection of BTC staying range-bound into…
