SHIB Faces Bear Pressure While Smart Money Eyes AI-Powered Investing
Shiba Inu has slipped off a cliff. After a sharp 2,200% spike in coin burns, retail holders cheered and expected a price breakout. Instead, momentum faded, and bearish pressure took over. Traders who hoped for a move toward $0.0000175 were left disappointed. SHIB not only failed to rally, but also dropped below a key support […]
XRP Pushes Through $3 as Ripple-SEC Appeal Decision Looms
XRP rose 3% in the 24 hours through August 7, advancing from $2.91 to as high as $3.02 before closing at $2.98. The move broke through multiple short-term resistance levels and coincided with high-volume buying activity, particularly on Korean exchanges. Technical momentum aligns with key macro developments: the U.S. Securities and Exchange Commission is set […]
Crypto Market Cap Halts at $3.7T as Traders Rotate Out, Institutions Double Down on BTC, ETH
The crypto market cap is holding within a tight $3.6 trillion–$3.8 trillion range as traders pull liquidity and shift focus to micro-cap tokens in the first week of August, with some warning of a summer lull to continue. Bitcoin (BTC) tested its 50-day moving average again on Tuesday, signaling exhaustion, while broader market capitalization remains […]
Japanese Financial Giant SBI Moves Forward With Bitcoin-XRP ETF Application
Japan’s largest bank, SBI, has unveiled plans to launch the country’s first exchange-traded fund (ETF) that will be linked to both Bitcoin (BTC) and XRP. SBI Unveils Japan’s First Bitcoin And XRP ETF According to circulating reports, this investment vehicle aims to trade on the Tokyo Stock Exchange (TSE), offering institutional investors a regulated avenue […]
Ethereum Price Looks Strong – Uptrend May Resume Above Key Zone
Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone. Ethereum started a fresh increase above the $3,540 and $3,580 levels. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a bearish trend […]
Billionaire Chamath Palihapitiya Predicts Bitcoin Will Hit $1.14M
Chamath Palihapitiya is very confident that Bitcoin will keep gaining value. The billionaire investor and former Facebook executive recently brought back a bold prediction he made in 2013. In an old video he shared on July 26, Chamath called Bitcoin a revolutionary storehouse for value. At the time, few people took him seriously. But now, […]
Bitcoin short-term holders ‘cooled off’ profit-taking as price sticks to $115K
The Bitcoin market is in a “relatively balanced position” despite the recent price pullback from all-time highs, Glassnode says.
Analysts Target $100 for DOT, LINK, UNI — Are These the Safest Multipliers This Cycle?
As the cryptocurrency market attempts to recover from months of uneven sentiment, a growing number of analysts are turning attention to three specific altcoins—Polkadot (DOT), Chainlink (LINK), and Uniswap (UNI)—each receiving projected price targets of $100. While these targets are ambitious, they are not unprecedented. These tokens, all foundational to decentralized finance and blockchain interoperability, […]
Bitcoin’s Volatility Disappears to Levels Not Seen Since October 2023
Bitcoin’s (BTC) volatility meltdown continues as the cryptocurrency remains stagnant, with slow price action between $110,000 and $120,000. The cryptocurrency’s 30-day implied volatility, as represented by Volmex’s BVIV index, fell to an annualized 36.5% late on Wednesday, reaching levels last seen in October 2023, when BTC was trading below $30,000, according to data source TradingView. […]
Bitcoin ETF Demand Surges as 320K BTC Pulled From Liquidity Pools
Bitcoin liquidity is shrinking rapidly as U.S. spot ETF demand surges, placing strong pressure on exchange reserves and market supply. Data from CryptoQuant shows a spike in accumulator address demand, paired with a record-setting ETF inflow, that has pushed liquidity metrics to new lows this year. Smart money is buying at the most aggressive pace […]
Bitcoin Price Tries to Climb Again – Bulls Eye Short-Term Upside
Bitcoin price is attempting to recover above the $114,200 zone. BTC is now consolidating and might attempt to clear the $115,500 resistance zone. Bitcoin started a recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with […]
Cardano (ADA) Targets $0.80 As Price Retests Key Level – Is An 85% Jump Ahead?
After recovering from its local lows, Cardano (ADA) is retesting a key area that could send the price to the next crucial resistance. Some analysts suggest that the cryptocurrency is preparing for a massive rally. Cardano Retests Key Resistance Following last week’s drop to the $0.70 support, Cardano is attempting to break out of a […]