Archives par catégorie: Business

XRP Price Crash Almost Over—Analyst Says $8 Is Next

XRP Price Crash Almost Over—Analyst Says $8 Is Next

In line with the broader market trend, the XRP price is down almost -35% since its mid-January peak at $3.40, but according to analyst Dark Defender (@DefendDark), the downward trend may soon reach its conclusion. In his latest technical analysis, he highlights that XRP is finalizing an ABC correction pattern on the daily timeframe, supported […]

Memecoin Scam Alert: Pump.Fun X Account Hacked, Promotes Fake PUMP Token

Memecoin Scam Alert: Pump.Fun X Account Hacked, Promotes Fake PUMP Token

The Solana-based memecoin Launchpad Pump.fun’s X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises. Pump.Fun Hackers Launch PUMP Memecoin On Wednesday, Pump.fun’s official X account was compromised, with hackers promoting different tokens during the incident. […]

Bitcoin Faces Critical Test as Retail Demand Hits Resistance Levels

Bitcoin Faces Critical Test as Retail Demand Hits Resistance Levels

Bitcoin (BTC) is currently trading just below $88,000, a significant drop from its all-time high of $109,000 earlier this year. Over the past month, the leading cryptocurrency has faced a steady decline, slipping nearly 15% and showing limited signs of a rebound. While this bearish trend has many investors concerned, one CryptoQuant analyst, BilalHuseynov, recently […]

Is Bitcoin Undervalued? Crypto Sentiment Index Flashes “Massive Contrarian Buy Signal”

Is Bitcoin Undervalued? Crypto Sentiment Index Flashes “Massive Contrarian Buy Signal”

Bitcoin (BTC) has experienced one of its largest price pullbacks in recent times, plunging from $96,131 on February 24 to a potential local bottom of $85,418 today. The decline triggered liquidations exceeding $1.5 billion, with the majority coming from long positions. Is It Time To Buy Bitcoin? The recent price action suggests that the crypto […]

Bitcoin Post-Election Rally Crushed: Prices Dip Below $84,000 As Tariff Tensions Rise

Bitcoin Post-Election Rally Crushed: Prices Dip Below $84,000 As Tariff Tensions Rise

On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000.  Bitcoin Plummets 20% Since […]

Bitcoin Plunge Below $89,000: Are We Nearing a Bottom? Analyst Weighs In

Bitcoin Plunge Below $89,000: Are We Nearing a Bottom? Analyst Weighs In

Bitcoin’s downward trajectory continues, with its price slipping below $89,000, marking an 8.5% loss over the past week. This extended decline has raised concerns among investors about whether the bottom is finally in. Recent market behavior suggests that significant capitulation is taking place, which some analysts believe could indicate a turning point. Massive Bitcoin Sell-Off: […]

BNB Price Shows Strength—Is a Comeback in Play?

BNB Price Shows Strength—Is a Comeback in Play?

BNB price is recovering from the $595 support zone. The price is rising and might aim for a fresh move toward the $632 resistance. BNB price is moving higher above the $610 resistance zone. The price is now trading below $630 and the 100-hourly simple moving average. There is a connecting bearish trend line forming […]

Dogecoin Forms ‘Monster Falling Wedge’ Pattern: What It Means

Dogecoin Forms ‘Monster Falling Wedge’ Pattern: What It Means

In a post on X today, crypto analyst Satoshi Flipper (@SatoshiFlipper) shared a daily chart of DOGE/USDT on Binance that highlights what he calls a “monster falling wedge.” The chart shows Dogecoin’s price moving within two converging trendlines—one descending from the coin’s recent swing highs, and the other descending at a shallower angle from its […]

XRP Bears Resurface—Key Levels to Watch Now

XRP Bears Resurface—Key Levels to Watch Now

XRP price started a fresh decline below the $2.450 and $2.350 support levels. The price is now consolidating losses and remains at risk of more losses. XRP price started a fresh decline below the $2.350 level. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There is a key bearish trend […]

Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop

Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop

The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the […]

Ethereum Price Dips Deeper—Is a Rebound Possible?

Ethereum Price Dips Deeper—Is a Rebound Possible?

Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450. Ethereum is facing an increase in selling below the $2,450 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming […]

Bitcoin Mega Whales The Primary Sellers During Price Crash, Analytics Firm Reveals

Bitcoin Mega Whales The Primary Sellers During Price Crash, Analytics Firm Reveals

The market intelligence platform IntoTheBlock has revealed how the largest of Bitcoin holders have been the ones applying selling pressure amid the price decline. Bitcoin Mega Whales Have Been Reducing Their Supply Recently In a new post on X, IntoTheBlock has discussed the latest trend in the Bitcoin supply held by the whales. The ‘whales‘ […]

Bitcoin Price Drops Again—Is $80K the Last Defense for Bulls?

Bitcoin Price Drops Again—Is $80K the Last Defense for Bulls?

Bitcoin price started a fresh decline below the $88,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $92,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]

Solana Transfer Volume Crashes To $14.5M – What’s Next for SOL?

Solana Transfer Volume Crashes To $14.5M – What’s Next for SOL?

Solana is facing mounting selling pressure, trading at its lowest level since September 2024 following yesterday’s market-wide correction. Extreme fear continues to grip the market as SOL fails to find strong support, with bears maintaining control since the cryptocurrency hit its all-time high back in January. Since then, Solana has retraced over 55%, leaving investors […]

Justin Sun And SEC Request ‘Pause’ In Ongoing Legal Battle Over Crypto Ventures

Justin Sun And SEC Request ‘Pause’ In Ongoing Legal Battle Over Crypto Ventures

According to Bloomberg, lawyers representing Justin Sun and the US Securities and Exchange Commission (SEC) are requesting a stay in the ongoing regulatory proceedings against him.  Justin Sun And SEC Seek Case Pause This joint filing, submitted on Wednesday, indicates that both parties believe it is in their mutual interest to pause the case while […]

Solana Dips To 5-Month Low As Memecoin Traders Retreat Post-LIBRA Scandal

Solana Dips To 5-Month Low As Memecoin Traders Retreat Post-LIBRA Scandal

The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months.  Following the historic hack of the ByBit exchange and President Trump’s controversial tariff proposals, the overall crypto market has seen a downturn, with […]

Crypto Market Sees Record Flash Crashes, What’s Going On?

Crypto Market Sees Record Flash Crashes, What’s Going On?

The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market. A crypto analyst has suggested that these flash crashes have been driven by several factors, providing a detailed insight […]

On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off

On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off

As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies.  On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors. […]

Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness

Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness

Dogecoin (DOGE) is trading at key demand levels after two weeks of intense selling pressure, with bears driving DOGE down over 30%. The broader crypto market has faced a prolonged correction that started in mid-January, but meme coins have been the most impacted. As the market leader in the meme coin sector, Dogecoin has suffered […]