After hitting an all-time high of $3.65 in mid-July, XRP has entered a phase of consolidation. The token is gradually retracing to hover around the $3.15 mark. Despite multiple attempts to break higher, XRP has faced resistance near $3.3. This price action reflects a cooling-off period following the sharp rally from early July, when it…
TL;DR Over 600 million SHIB were burned in a single day. The total amount of the destroyed tokens since adopting the program stands at around 410.7 trillion. Analysts believe Shiba Inu could chart substantial gains if it overcomes certain resistance levels. On the other hand, rising exchange inflows hint at increased selling pressure. The Impressive…
TL;DR Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance. Analysts say recent false breakouts may reset the stage for a larger breakout move. Weekly close above $230 could push Solana toward targets near $295 and possibly beyond. Range-Bound Movement Continues Solana (SOL) has mostly traded between…
Top meme coin Shiba Inu is showing signs of an extended bearish trend as large investors ramp up profit-taking activities. This wave of selling pressure has triggered a decline in the meme coin’s value, pushing it below its ascending parallel channel—a key structure that had supported its price action from June 22 through July 27….
A new study has revealed the extent of sensitive information leaked through ransomware attacks and data breaches, including key financial documents and crypto keys. Key Takeaways: Unstructured files like financial documents and crypto keys are being widely exposed in breaches. Cryptographic keys were found in 18% of incidents, posing serious security risks. Cybercriminals are mining…
In a complete reversal from yesterday, the crypto market is down today, with 98 of the top 100 coins per market turning red. The cryptocurrency market capitalization has dropped by another 5.5% over the past 24 hours and below $4 trillion, now standing at $3.97 trillion. At the same time, the total crypto trading volume…
According to market analyst Common Sense Crypto, a $1,000 bet on XRP today could turn into between $10,000 and $50,000 during this cycle. He pointed out that the same stake in Bitcoin would likely top out at around $1,300–$1,500. That claim has caught the eye of many investors who are weighing where to put their…
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has publicly denied reports suggesting the company is in acquisition talks with US-based crypto platform Coinbase. The speculation emerged after a Livemint report claimed that negotiations were underway between the two crypto trading platforms. However, Gupta quickly dismissed the claims in a July 29 post on X…
On Monday, crypto software firm Bakkt Holdings (BKKT) announced an ambitious plan to raise up to $1 billion through various securities offerings to boost its own Bitcoin (BTC) treasury reserve, in line with the growing trend among publicly traded companies. This move comes amid rising Bitcoin prices, which are hovering just below all-time highs, and…
Long-term Bitcoin (BTC) holders appear to be taking profits as prices test the $120,000 mark. This has sparked concerns about whether the actions signal cautious profit-taking or a larger trend. Incoming Correction? On-chain data shared by CryptoQuant shows that LTHs have flipped net negative at this key resistance level. This indicates that some are cashing…