Thu, December 12

Solana’s Crossroads: Analyzing SOL’s Consolidation and Potential Breakout Scenarios

Solana (SOL) finds itself at a critical juncture as it navigates a tight consolidation range, prompting market analyst Edward to anticipate a sudden movement. The cryptocurrency’s price has been oscillating between $143.33 and $144.70, creating a defined trading range that has caught the attention of traders and investors alike. Edward’s

October 11, 2024 1 min read

Cardano Struggles Below $0.3550 Support: What’s Next For ADA?

Cardano (ADA) finds itself at a critical juncture as it grapples with persistent bearish pressure, struggling to maintain key support levels. The cryptocurrency’s recent price action has drawn significant attention from analysts and investors alike, particularly following its test of the $0.3680 resistance on October 7. Despite this brief show

October 11, 2024 2 mins read

Ripple Debuts Crypto Custody Amid XRP Legal Battle

Ripple has launched new crypto custody services aimed at helping banks and fintech firms store digital assets. Announced on Thursday, the services are part of the company’s Ripple Custody division, offering features such as integration with Ripple’s XRP Ledger blockchain, enhanced anti-money laundering (AML) monitoring, and an improved user interface.

October 10, 2024 2 mins read

BNB’s Resurgence: Analyzing Binance Coin’s Path to Potential ATH

Binance Coin (BNB) finds itself at a critical juncture as it embarks on a potentially significant bullish reversal. The cryptocurrency has demonstrated remarkable resilience, posting gains in the past 24 hours and over the last week, defying the broader altcoin market’s minor pullback. With a current trading price of $579

October 9, 2024 1 min read

Ripple Launches RLUSD, Challenges Other Stablecoin Contenders

The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets

October 9, 2024 2 mins read

Canary Capital Files for Spot XRP ETF Approval with SEC

Canary Capital, a digital asset investment firm, has officially filed a registration for a spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). The firm initiated this move a week after Bitwise filed its own S-1 registration for an XRP ETF.  Canary Capital became the second firm to

October 9, 2024 2 mins read

Crypto Analyst Predicts Major Move for Cardano, Compares ADA To 2022 Run

Cryptocurrency analyst Dan Gambardello has sparked intrigue in the Cardano community with his recent analysis, suggesting that ADA stands on the cusp of a major price movement. Drawing parallels between the current market cycle and the 2020 bull run, Gambardello’s insights offer a compelling narrative for Cardano’s potential trajectory. Reflecting

October 8, 2024 1 min read

Solana (SOL) Recovers, Outperforming Ethereum in Last 30 Days

Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, staging a significant recovery following a sharp bearish pullback. The fifth-largest cryptocurrency by market capitalization has outpaced Ethereum’s performance by approximately 8.5% over the past month, adding an impressive 16% to its valuation. This surge in value

October 7, 2024 1 min read

Ripple (XRP) Rebounds From $0.5 But Struggles To Break Beyond Current Range

During the weekend, XRP saw a bullish trend across the cryptocurrency market. Ripple staged a notable rebound from the $0.5 support level. However, this recovery has faced resistance, leaving the token in a state of uncertainty. The ongoing Ripple vs. SEC lawsuit continues to cast a long shadow over XRP’s

October 7, 2024 1 min read

Bitcoin Surges 2.5% as Crypto Market Reacts to Fed Meeting Expectations

The cryptocurrency market is displaying a positive shift this week, with Bitcoin climbing 2.5% and trading at $63,387, reaching an intraday high of $63,957. This upward movement comes as investors eagerly await Federal Reserve minutes of its monetary policy meeting, including the Consumer Price Index (CPI) for September, as well

October 7, 2024 2 mins read