Shiba Inu price has entered into a bear market after falling by 20% from its highest level this month, and is at risk of more downside after forming a risky pattern and as its funding rate slips. Summary Shiba Inu price has dropped into a bear market this year. The coin has formed a head-and-shoulders…
Strategy added another 430 Bitcoin last week at $119,666 per coin, bringing its total holdings to 629,376 BTC. With an average purchase price of $73,320, the company now sits on over $26 billion in unrealized profits as Bitcoin’s price hovers near all-time highs. Summary Strategy bought last week 430 BTC for $51.4 million, bringing its…
Dogecoin has pulled back after testing $0.28 but is holding firm at $0.22 support. With Fibonacci, VWAP, and structure aligned, a continuation higher remains the dominant scenario. Summary Dogecoin finds strong support at $0.22 with 0.618 Fibonacci and VWAP confluence. Bullish structure intact with higher highs and higher lows. Sustained bullish volume supports rotation toward…
XRP price faltered at the $3.40 resistance and now faces downside risk to $3, as BlackRock’s confirmation of “no plans at this time” for a spot XRP ETF dampens investor optimism. Summary XRP price was recently rejected at $3.40, pulling back to trendline support; downside risks toward $3 next. Multiple asset managers have filed XRP…
The crypto market is crashing today, August 18, with Bitcoin falling below $115,000 and the total valuation of all tokens plunging below $4 trillion. Summary The crypto market crash continued amid a jump in liquidations. Traders are eying the upcoming Jackson Hole Symposium. Cryptocurrencies are also falling amid profit-taking among investors. Top altcoins like Ripple…
BTCS will become the first public company to issue dividends in cryptocurrency. Summary BTSC to become the first company to issue dividends in ETH The company will also issue loyalty payments to long-term holders The company hopes to discourage short selling and boost its share price Crypto and institutional finance are increasingly converging. On Monday,…
Solana Labs founder Toly, says that privacy alone does not make a crypto product or feature compelling enough to alter how users engage with it. In a recent post, the Solana (SOL) founder contributed to a thread on X discussing the biggest hurdles facing the DeFi industry. He does not recognize privacy as a “killer…
Cardano price is holding above $0.90 support after a $1 rejection, eyeing reversal confirmation via a higher low as futures volume hits a 5-month high. Summary Cardano price was recently rejected at $1 but remains in an uptrend, forming higher highs and higher lows. The next higher low may develop between $0.86 and $0.90, potentially…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If you ever bought cryptocurrency in 2018, you remember the friction. KYC black holes, delayed bank transfers, and a random wallet address you hoped was correct. It’s easier now, but not by…
Strategy’s long-running role as a high-beta proxy for Bitcoin is showing signs of strain, as hedge funds increasingly dominate trading and its largest shareholder trims exposure. Summary 10x Research warns Strategy’s $360 support is at risk as hedge funds dominate trading. Vanguard cut its stake by 10%, signaling waning confidence. Bitcoin treasuries are losing appeal as volatility…
