Crypto | Finance
Binance Coin (BNB) has remained steady above $634 after a 6% drop triggered by the Bybit hack. The exploit, which drained $1.4 billion, created panic in the crypto market, leading investors to withdraw funds from centralized exchanges. BNB initially surged to $679 after Binance and Bitget provided emergency support to Bybit. However, the hacker’s suspicious…
The excitement surrounding a potential Solana ETF is driving massive interest in related projects. Solaxy, a new crypto initiative, has seized the spotlight with its presale soaring to $23.4 million. Investors are eager to capitalize on SOL growth, with hopes of major returns from early-stage projects like Solaxy. Solaxy: Tackling Solana’s Scalability Challenges Despite Solana’s…
XRP took a hit on Monday as President Donald Trump reaffirmed his plan to impose tariffs on Mexico and Canada starting in March. The remittance-focused cryptocurrency plunged nearly 10%, reflecting the broader market’s reaction. Crypto investors offloaded assets, wiping out nearly $230 billion in market capitalization. This decline mirrors the initial market response when Trump…
Bitcoin’s price plunged to $91,555.2 on Tuesday, marking a six-week low. The drop came after renewed global trade tensions and a major security breach at a leading cryptocurrency exchange. The decline reflects a broader market sell-off as investors react to growing economic uncertainty. Trump’s Tariff Threats Shake Investor Confidence U.S. President Donald Trump reaffirmed his…
Stellar (XLM) may be ready for a rebound. Ali Martinez, a renowned cryptocurrency analyst, recently highlighted a potential buy signal on XLM’s hourly chart. The signal comes from the TD Sequential indicator, known for spotting trend reversals. This indicator showed a green “1” candle after a red “9” count. This setup often suggests that selling…
Shiba Inu (SHIB) has lost a key support level, sparking concerns among investors. Crypto analyst Ali Martinez warns that the next major support zones are at $0.000011 and $0.000008 per SHIB. Currently, the meme coin trades at $0.0000155. If it drops to these predicted levels, SHIB could fall by 29% to 48.5%. That kind of…
Ethereum’s price has shown resilience, even as broader market sentiments remain uncertain. While Bitcoin slipped below $96,000, Ethereum sustained above $2,700, signaling strength. The recent price jump has fueled bullish optimism, with ETH eyeing a retest of the $3,000 mark. However, questions arise over whether this surge is organic or fueled by external factors. One…
Dogecoin has taken a hit, falling under the crucial $0.24 support level. This drop confirms a breakdown from the descending triangle pattern. On the 4-hour price chart, DOGE shows a strong resistance trend line, keeping the bearish trend in place. DOGE’s price now sits at a seven-day low of $0.22644. Selling pressure has surged, with…
Binance Coin (BNB) is in a critical position as it struggles to break past resistance. The market is showing signs of uncertainty, with traders debating the next move. Funding Rates suggest indecision, making it crucial to watch key price levels. Resistance and Support Levels BNB has been trading between $620 and $700, creating a defined…
Cardano (ADA) is showing strong signs of recovery. After facing selling pressure, buyers are stepping up. ADA’s price has formed an ascending triangle pattern, hinting at a bullish breakout. At press time, ADA trades at $0.7809, marking a 1.08% surge despite lower trading volume. Rising Market Participation Fuels Optimism ADA’s Open Interest has risen by…