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Cardano has escaped a multi-week falling wedge pattern that had restricted price movement, suggesting potential upward direction shift according to analyst My Crypto Paradise. The breakout occurs as ADA trades at $0.8021, posting a 7.9% daily gain and extending weekly increases to 11% with monthly growth reaching 34.6%. The falling
A CFTC filing has described XRP as a “crypto asset commodity” within an Events Contract product, generating discussion within the XRP community about the token’s regulatory classification. Community figure Xaif highlighted the document, suggesting it indicates official commodity status, though the filing relates specifically to a derivatives product rather than
Over this August, the Chainlink market has recorded a gain of over 26%. As of today, LINK has briefly spiked by over 1.73%. While looking at the crypto market, the assets are slightly waving the green flag, with the largest assets like Bitcoin (BTC) and Ethereum (ETH), hovering at crucial
The native token of the Polygon network, POL (previously MATIC), is showing strong technical performance as it breaks through key moving average resistance levels, which is a possible indication of a trend reversal. The altcoin has also managed to break above the 50-day EMA at $0.2149 and the 200-day EMA
Solana faces a paradox as network usage hits all-time highs while major holders quietly exit their positions. The blockchain recorded its strongest monthly non-voted transaction volume in July, with true transactions per second averaging 1,318, yet whale selling pressure continues mounting. On August 6, Galaxy Digital unstaked 250,000 SOL tokens,
XRP trades at $2.95 amid downward pressure as analyst Zach Rector argues the cryptocurrency hasn’t priced in an approaching catalyst that could reshape its valuation. The market analyst suggests current pricing fails to account for the potential conclusion of the SEC vs. Ripple legal battle. Rector highlighted widespread disbelief within
The potent bearish trap set within the crypto market has pushed the assets into the red zone. The prices have lost momentum and slipped back to recent lows. With the Fear and Greed Index value holding at 52, the neutral sentiment is lingering across the market. However, the largest altcoin,
The crypto assets are oscillating between green and red fields, as the market chooses to be indecisive. Notably, the meme coin market cap has reached $70.3 billion, after losing over 4.2%. Among the meme coins, the dog-themed Dogecoin (DOGE) has registered a slip of 0.43% in the last 24 hours.
With the Fear and Greed Index at around 55, the market sentiment falls under the neutral territory. All the major assets are stuck between both green and red flags. Turning around the altcoins, Solana (SOL) has posted a spike of over 2.24% in the last 24 hours. In the early
With the neutral sentiment lingering in the market, crypto assets have brought in mixed signals. The prices are oscillating between green and red candlesticks, and Bitcoin (BTC) holds at $114.3K, and Ethereum (ETH) hovers at $3.6K. Among the pack of altcoins, Litecoin (LTC) has jumped by a solid 11.78%, breaking
