BNB is currently trading around a level that previously signaled a breakout in 2024, according to market data. After retreating from its recent peak, the cryptocurrency is now testing a former resistance zone that has flipped into support. The digital asset has slipped over the past week, based on recent price data. Details are provided…
Bitcoin is experiencing its longest weekly slump in over a year, putting the cryptocurrency on course for its worst quarterly performance since 2018, with analysts warning of a potential bull trap. Bitcoin has recorded its fourth consecutive weekly loss, marking the cryptocurrency’s longest downtrend since June 2024, even as it begins recovering some of last…
Grayscale’s Dogecoin (DOGE) and XRP (XRP) exchange-traded funds (ETFs) have officially been approved for listing on the New York Stock Exchange (NYSE) and are expected to debut later today, marking a major milestone for crypto investment products. NYSE Arca, a subsidiary of the New York Stock Exchange, filed and disclosed two separate certifications with the…
Bitcoin was trading around $86,646 at press time, gaining 0.6% over the past 24 hours. The price moved between $85,483 and $87,995 during the day. Despite the slight recovery, Bitcoin is still down 10% over the week and remains well below its $126,080 all-time high reached on Oct. 6, following a sharp 31% correction. Trading…
XRP has shown a noticeable recovery after slipping to recent lows, with new technical data indicating that the cryptocurrency may be stabilizing in the short term. According to market analysis, XRP is now trading above a key hourly moving average, a level often watched by traders to identify momentum shifts. A Look Back at XRP’s…
Ripple Considers Bringing Staking to XRP Ledger to Expand DeFi Potential Ripple is exploring the possibility of introducing staking on the XRP Ledger (XRPL), a move that could bring the decade-old blockchain further into the fast-growing world of decentralized finance (DeFi). Key Takeaways: The discussion started after J. Ayo Akinyele, head of engineering at RippleX,…
After five consecutive days of heavy outflows, U.S.-listed spot Bitcoin ETFs finally reversed course on November 19, attracting $75.4 million in new inflows. The rebound provided some relief to markets that had suffered a rough week, with more than $2 billion withdrawn from these products during the prior sell-off. BlackRock’s iShares Bitcoin Trust led the…
BlackRock has taken another step into Ethereum’s staking ecosystem by establishing a new Delaware trust that could pave the way for a staking-based Ethereum exchange-traded fund (ETF). The iShares Staked Ethereum Trust was officially registered as a statutory trust in Delaware on November 19, according to records from the Delaware Division of Corporations. A New…
Bitcoin is attempting to climb back above the $95,000 level after dipping to a recent low near $89,000, a move that triggered a notable spike in implied volatility. At press time, Bitcoin (BTC) was trading around $92,858, up about 1.8% on the day, but still down 9% over the past week and 14% over the…
Dogecoin is holding steady near the $0.15 support level, where a clear double-bottom pattern is taking shape. If this pattern continues to develop, the price could gradually move toward the $0.20 area in the coming sessions. Dogecoin: Major Technical Levels to Watch Dogecoin has once again approached the $0.14 support level, which previously held strong…