Shiba Inu price bottomed at a crucial support level, with the soaring burn rate and whale buying, and falling exchange reserves pointing to an eventual rebound. Summary Shiba Inu price could rebound as the burn rate soars. Whale have continued to accumulate SHIB coins. The balances of Shiba Inu coins in exchanges has plunged. Shiba…
SWIFT has reportedly mobilized a consortium including BNY Mellon and BNP Paribas for a pivotal experiment that includes migrating its core messaging system onto ConsenSys’ Ethereum layer-2, Linea. Summary SWIFT and banks including BNY Mellon and BNP Paribas are reportedly testing blockchain messaging on Consensys’ Ethereum layer 2, Linea. The project follows SWIFT’s 2023 tokenization…
Solana price is stalling at the $200 psychological level, supported by Fibonacci and VWAP confluence. With open interest resetting to neutral levels, conditions are favorable for a bullish rotation toward higher levels. Summary Solana stalls at the $200 psychological level, aligning with the 0.618 Fibonacci retracement. Open interest has reset to neutral levels, creating healthy conditions for fresh…
Ethereum price retreated to the lowest level since August 6 as the recent crypto market crash continued and liquidations jumped. Summary Ethereum price has crashed this week as liquidations soared. The weekly liquidations jumped to almost $1 billion. Technical analysis points to a 16% plunge in the near term. Ethereum (ETH) fell to $3,800, down…
Can Uptober’s bullish history overcome a $400 billion drawdown, Trump’s tariff shock, and a looming $22 billion options expiry testing fragile support? Summary Crypto lost $400 billion in market value from Sep. 18 to 26, pressured by liquidations, fading ETF inflows, and hawkish macro signals. Bitcoin slipped from its August high of $124,128 to about…
Inflation is accelerating, causing concerns among traders about the Fed’s potential response in light of macroeconomic uncertainty. Summary Fed’s favorite inflation metric, the PCE price index, up 2.7% in August Inflation was in line with expectations, but the metric rose compared to a month prior Institutions are now taking profits, says one industry expert Crypto…
Stellar price is holding at critical confluence support around $0.32, aligned with the golden pocket Fibonacci zone and value area low. A breakout from the wedge formation could propel price toward $0.50 resistance. Summary Stellar is holding at the golden pocket (0.618), aligned with high-timeframe support at $0.32 and the value area low. An 8-point falling wedge formation is nearing…
Subsquid price bucked the trend across the cryptocurrency market after it skyrocketed by more than 180% to hit levels last seen in June. Summary Subsquid price pumped more than 180% to hit highs of $0.2385. The SQD token outpaced the broader crypto market, with volume rising 900% to over $203 million. SQD.AI said its locked…
U.K. banks are commencing a live pilot phase for tokenized sterling deposits, a move that represents a concrete step toward modernizing the core infrastructure of the United Kingdom’s financial system using distributed ledger technology. Summary UK Finance has launched a live pilot of tokenized sterling deposits with six major banks, running through mid-2026. The trial…
XRP price dropped to an important support level today, Sept. 26, as the recent cryptocurrency market crash continued. Summary An Elliot Wave analysis points to an eventual XRP price rebound in the fourth quarter. The coin has formed other bullish patterns like a flag and cup-and-handle, pointing to more gains. There are signs of more…
