The crypto market decline has punished merchants who had been betting on additional upside, wiping out over $1 billion in lengthy positions. Yet, a handful of high-profile crypto whales are taking a contrarian stance, opening new lengthy positions regardless of the broader sell-off. Crypto Market Carnage Wipes Out Long Positions BeInCrypto reported that the crypto…
XRP buyers could also be going through a troublesome interval as their portfolios present little enchancment in November. However, a number of information factors reveal optimistic indicators that contradict the token’s bearish worth motion. These divergences counsel that XRP stays one of many prime decisions amongst retail buyers looking for to guard their portfolios amid…
Bitcoin (BTC) has continued its downward trajectory this week, with the crypto king dropping greater than 8% in worth over the previous 48 hours. The decline has confirmed a bearish sample that might result in additional losses if promoting stress persists. The closing consequence, nonetheless, hinges on how traders reply as Bitcoin hovers round key…
The HBAR value has been transferring inside a slim vary, indicating that consumers and sellers are nonetheless competing for management. Over the previous month, it has declined by about 21%, with a 11% weekly loss. Yet in comparison with Bitcoin and Ethereum, HBAR’s losses have slowed. The chart now captures a tug-of-war between long-term weak…
After a robust rally in early This autumn, Solana (SOL) out of the blue plunged, dropping practically 20% of its worth in only a few periods. This sharp decline dragged total market sentiment into uncertainty. Although on-chain knowledge continues to substantiate the strong exercise of the Solana ecosystem, technical analysts warn that the present correction…
With markets turning defensive, analysts are sharing methods for timing altcoin entries throughout November’s fear-driven pullback. From momentum setups to narrative performs, specialists are cautioning towards “knife catching” and urging endurance till Bitcoin leads the subsequent leg larger. Ways to Time Altcoin Entries Amid the Early November Bloodbath November started with a massacre, because the…
XRP value has fallen almost 24.5% over the previous month, sliding to a low of $2.06 after breaking down from a head and shoulders sample. The correction met its goal, signaling that the bearish part might have run its course. Now, with patrons quietly returning and $2.06 performing as a robust base, XRP stands at…
Two main US crypto companies are transferring into prediction markets by launching event-based contracts, signaling a brand new frontier in digital-asset buying and selling. Gemini is in search of regulatory approval to function prediction-market derivatives, whereas Crypto.com has already partnered with Hollywood.com to launch entertainment-focused contracts. Gemini’s Regulated Ambition within the Prediction-Market Arena Gemini is…
Bearish sentiment is rising following a sharp decline in Bitcoin’s worth. Despite this development, a number of outstanding cryptocurrency influencers argue that the hope for an upward reversal stays sturdy. They cite increasing international liquidity and anticipated Federal Reserve (Fed) actions as potential catalysts for the subsequent rally. Government Shutdown Draining Market Liquidity Raoul Pal,…
In latest months, the USDT Dominance (USDT.D) index has skilled a speedy rise. A 20% enhance in October suggests buyers moved funds out of dangerous belongings and into “haven” stablecoins. However, because the index approaches a long-term resistance degree, a key query arises: Is this an indication of an impending market correction—or the start of…