Ethereum price is struggling to hold momentum below $4,300 as overheated futures markets and rising exchange reserves create short-term selling pressure. Summary Ethereum trades near $4,290, holding below $4,300 after a 16% monthly gain. Rising exchange reserves and sell-heavy futures flows point to short-term pressure. Technicals are mixed, but ETF inflows and treasury demand support…
XRP’s price has slumped over the past month amid a decline in network activity and weakening demand from investors. Will the token continue to see more corrections ahead? Summary XRP price has fallen 16.8% in the past month. The amount of XRP held across smart money wallets has dropped nearly 80%. XRP is trading below…
With Bitcoin price is still in the red and price trading sideways all week, investor sentiment has weakened and demand is slowing. Summary Bitcoin’s price has been hovering around $113,000 for the past week as the market struggles to find momentum. The cryptocurrency has lost approximately 8% over the week and is now 8.4% below…
A consortium of crypto industry heavyweights, law enforcement agencies, security researchers, and fintech firms has come together to form the Beacon Network — a real-time crypto crime response system that can help freeze illicit funds before they can be laundered or withdrawn. Summary TRM Labs launched Beacon Network with support from crypto industry heavyweights. The…
Rapper Kanye West, now officially known as Ye, has entered the cryptocurrency market with the launch of YZY, a token built on the Solana blockchain. Summary Kanye West launched YZY, a new token on Solana, with an ecosystem including Ye Pay and YZY Card. The token briefly reached a $3.2B market cap before retracing. Analysts…
XRP has retraced into the $2.80 support zone, a level reinforced by the 50-day moving average and value area high. Strong bullish volume suggests the current retest could pave the way for another push toward record highs. Summary $2.80 support aligns with 50-day MA and value area high. Current bounce indicates a bullish retest of…
Brian Quintenz has the backing of nearly every major digital asset trade group in Washington. Their coordinated push for his confirmation as the next CFTC chair is a direct response to whispered opposition and twice-cancelled committee votes. Summary Seven major crypto lobbying groups urged President Trump to push Brian Quintenz’s stalled CFTC chair nomination. The…
Dogecoin price continued to tumble in line with the broader crypto market. Summary Dogecoin price may not surge to $1 as some market participants predict. It has formed the highly bearish rising wedge chart pattern on the daily chart. It has been forming a big head-and-shoulders pattern since 2023 Dogecoin (DOGE), the biggest meme coin,…
One of the top reasons why stocks and the crypto market have plunged this week is the anticipation of the upcoming speech by Jerome Powell at the Jackson Hole Symposium in Wyoming. Summary Jerome Powell will deliver his Jackson Hole Symposium speech on Friday. The speech comes as recent data shows that the US is…
OKB price surged by 15% today, August 20, resuming an uptrend that started last week when OKX announced a massive token burn. Summary OKB price resumed its upward trend and neared its monthly high. It could be at risk of a plunge as the funding rate turns negative. Wyckoff analysis hints that it may move…
