Republican Congressman Troy Downing is going to introduce a bill aimed at making Donald Trump’s Bitcoin and Crypto 410(k) executive order into federal law. A representative of the congressman confirmed that Downing is going to introduce the bill on Oct. 21. Summary President Donald Trump signed an executive order allowing crypto and other “alternative assets”…
Pengu price continues to hold above key support at $0.023 as open interest begins to rebound, signaling renewed confidence and the possibility of a re-accumulation phase forming. Summary Pengu defends $0.023 support aligned with the 200-day moving average. Open interest rebounds, suggesting renewed accumulation after capitulation. Sustained strength above support could lead to a rally…
Andreessen Horowitz’s crypto division has backed Jito with a $50 million investment set to bolster the Solana staking protocol’s ecosystem. Summary Andreessen Horowitz has backed Jito with a $50 million investment. The a16z Crypto venture capital firm received Jito tokens. JTO price saw a slight uptick amid the news, with the Solana-based protocol enhancing its…
Pi Network price remains under intense pressure and is hovering near its all-time low as sentiment in the crypto market worsens and demand for its exchange-traded product wanes. Summary Pi Network price has tumbled and is hovering near its all-time low. The Valor Pi exchange-traded product only has $3000 in assets. Technical analysis points to…
Canton Network is transitioning from a promising protocol to an active construction site, with YZi Labs doubling down on its ecosystem by funding Temple Digital to build the foundational trading applications required for adoption. Summary YZi Labs has invested in Temple Digital Group, developer of Canton Network’s first native trading platform, signaling a major step…
The crypto market remains under pressure this week, with Bitcoin and most altcoins trading well below their highest points this month. Summary The crypto market is falling this week, with Bitcoin remaining below its all-time high. This crash is happening as the Crypto Fear and Greed Index pulled back. There are concerns about the ongoing…
Bitcoin price struggles to gain ground as gold solidifies its status as a better safe-haven asset amid the ongoing trade-related risks. Summary Bitcoin price has formed a double-top pattern on the daily chart. Gold has become a better safe-haven asset as it hits an all-time high. It has benefited from institutional and central bank purchases….
Aster token price has confirmed a potential double bottom at the $1.20 region, suggesting that a bullish reversal could be underway if price breaks through key resistance levels. Summary Aster forms a double bottom at $1.20 aligned with 0.618 Fibonacci support. A break above $1.83 would confirm bullish continuation. Sustained volume inflow is key to…
Institutional demand for Ethereum continues to build quietly, even as the asset’s price shows signs of fatigue. Summary Ethereum ETFs posted $170M in net inflows on Oct. 15, led by BlackRock’s ETHA despite ETH’s flat trading near $4,054. Technical indicators remain neutral, with RSI at 44.57, suggesting Ethereum may continue consolidating until a new catalyst…
The community is experiencing a major crypto market crash, with recent liquidations wiping out half a billion on the market. Smaller altcoins are going red, here’s why. Summary The crypto market continues to decline following the $19 billion crash on Oct. 10, with total liquidations surpassing $540 million in the past 24 hours as both…
