Bitcoin has seen a modest decline in recent sessions, with prices holding just above key support levels. Despite this pullback, analysts suggest the dip may pave the way for fresh capital inflows. Short-term holders (STHs) entering at current levels could provide fuel for a rally toward higher price targets. Bitcoin Investors Are Awaiting Gains The…
Crypto markets kicked off the week with a dip that has sent Bitcoin (BTC) back to the $115,000 range while Ethereum (ETH) revisits the region around $4,300. Whether the drop could extend or is a short-term shakeout could hinge on several US economic events this week. Bitcoin, in particular, has been overly sensitive to US…
The community behind Qubic, an AI-focused blockchain project, has voted to target Dogecoin (DOGE) with its next 51% attack, just days after successfully taking majority control of the Monero (XMR) network. Key Takeaways: Qubic’s community voted to target Dogecoin next after claiming majority control of Monero’s network. The Monero takeover forced Kraken to suspend deposits,…
Japan is preparing to greenlight its first yen-denominated stablecoin this autumn, marking a big step in the country’s approach to digital assets and cross-border payments, Nikkei reported Monday. The Financial Services Agency is expected to approve issuance of the stablecoin as early as October, with the token aimed at uses ranging from international remittances to…
A self-styled crypto influencer has been sentenced to one year and one day in prison for orchestrating a large-scale cryptojacking scheme that defrauded major cloud computing providers of more than $3.5 million in resources. Key Takeaways: Crypto influencer Charles O. Parks III was sentenced to one year and a day for a $3.5M cloud cryptojacking…
After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible…
Crypto markets remained mostly flat over the weekend following a dip late last week as Bitcoin and Ethereum pulled back. However, they started to trade lower on Monday morning. This week could see more volatility ahead as all eyes will be on the outcome of US President Trump and Volodymyr Zelensky’s meeting on Monday. Trump…
Gold (XAU/USD) failed to stage a meaningful rebound following a bearish start to the week as markets reacted to easing geopolitical tensions and mixed macroeconomic data releases from the United States (US). Activity-related data from the US and comments from the Federal Reserve (Fed) officials could drive XAU/USD’s action in the near term. Gold Declines Sharply…
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2250. DOGE price started a fresh decline below the $0.2420 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There was a break below a key rising…
TL;DR Ripple’s native token faces a considerable risk of another sizeable double-digit price decline if it doesn’t reclaim a certain level soon. The warning comes amid a market-wide correction that has not spared XRP. XRPUSD. Source: TradingView XRP stood tall at around $3.15 yesterday as the market was trading sideways. However, as the landscape changed…