Analysts Call Solana Price Reversal: SOL USD Shoots High For $160
SOL moved higher on Tuesday as traders spotted early signs of a trend shift, pushing the token back toward a key resistance area. Solana traded near $136 across major exchanges after bouncing off a well-watched support level. Market Cap 24h 7d 30d 1y All Time Analysts said the move appears to be a short-term reversal, […]
Trump Eyes Kevin Hassett For Fed Chair, A Candidate With Notable Links to Crypto
Kevin Hassett has reportedly moved to the front of the pack in President Donald Trump’s search for the next Federal Reserve chair, putting a longtime ally with deep crypto ties within reach of the top job in global monetary policy. Bloomberg reported Tuesday that the White House National Economic Council director now ranks as the […]
Ethereum Better Positioned if Bitcoin Faces Quantum Risks: Analyst
Bankless co-founder David Hoffman has said that Ethereum would continue functioning normally even if Bitcoin were to fail due to the threat posed by quantum computing. His remarks follow renewed discussions about the potential impact of the technology on the leading cryptocurrency. Bitcoin’s Collapse Would Not Kill Crypto In a recent article shared on X, […]
Crypto Has Entered Late-Cycle Territory, Says Global Liquidity Veteran
Global liquidity specialist Michael Howell used an appearance on the Bankless podcast to deliver a clear, if uncomfortable, message for risk assets: the post-GFC “everything bubble” is ending as the global refinancing machine rolls over, and crypto is late in that cycle rather than at the start of a fresh one. Howell’s starting point is […]
XRP Price Eyes Lift-Off as Price Holds Strong — What’s Next?
XRP price started a steady increase above $2.150. The price is now consolidating gains and might aim for another increase if it clears $2.250. XRP price started a fresh increase above the $2.20 zone. The price is now trading above $2.180 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with […]
Nevada Just Shattered Prediction Markets’ Favorite Theory in Kalshi Ruling
Nevada’s ruling says sports outcome contracts on a federally regulated exchange are not swaps, opening the door for state gambling laws to apply.
Bitcoin final leverage flush below $80K is possible, warns analyst
An analyst has warned that Bitcoin’s recent liquidation event may not be finished, with remaining leverage potentially pushing prices somewhere between the $70,000 to $80,000 zone.
Ethereum Gas Limit Boom: The Scaling Shift That Could Send ETH to $80K
A fresh wave of excitement surrounds Ethereum — ETH, after a major breakthrough in real-time block proofs. Researchers from zkSync created Airbender, a system that produces proofs for every Ethereum L1 block with only two NVIDIA 5090 gaming GPUs. That discovery removes a long-standing bottleneck and unlocks massive new scaling potential. Many traders now see […]
Dogecoin (DOGE) Cycles Point to Potential $0.35 Rally After Long-Term Consolidation
Dogecoin (DOGE) is displaying a cyclical price pattern that has historically preceded significant rallies. The weekly chart indicates long-term cycles of sharp upward surges followed by extended consolidation periods. After reaching a major peak in early 2021, Dogecoin entered a multiyear downtrend. Volatility steadily declined through 2022 and 2023, visible through the narrowing Bollinger Bands,
Cardano (ADA) Eyes Reversal as December Midnight Launch Approaches
Cardano (ADA) continues to battle prolonged bearish momentum as it trades near $0.41, well below the 20-, 50-, 100-, and 200-week exponential moving averages (EMAs). The weekly chart reveals that the cryptocurrency has failed to sustain the mid-2024 recovery rally, keeping it within a corrective structure that dates back to its post-2021 peak. Recent price
Asia Market Open: Risk Assets Firmer With Bitcoin Near $87K As Asia Rides Fed Rate-Cut Narrative
Good morning, Asia. Here’s what’s moving before the bell. Asian markets opened stronger on Wednesday, with traders leaning back into risk assets as Bitcoin held near $87,000 and investors doubled down on the idea that the US Federal Reserve will cut interest rates in December. Stocks across the region tracked Wall Street’s rebound. MSCI’s gauge […]
XRP Jumps 7%, But Watch Out For Speculative Froth
XRP has witnessed a strong surge during the past day, but data shows speculative leverage is building up behind the scenes, a potential warning sign. XRP Has Enjoyed A Sharp Rally Over The Last 24 Hours The cryptocurrency market as a whole has seen some recovery from the recent crash, but XRP has stood out […]