XRP rose 4.26% to $1.85 on Wednesday, bouncing back strongly from early losses despite overall market activity remaining subdued. Investor sentiment toward XRP received a modest boost after VivoPower announced a partnership with Lean Ventures to acquire equity in Ripple Labs, indirectly giving exposure to nearly $1 billion worth of XRP. DOGECOIN AND XRP ETFS…
Investors have continued channeling money into SOL-backed exchange-traded funds (ETFs) for six straight weeks, showing growing confidence in the asset. With technical indicators also signaling a potential upside, many are now wondering whether this steady inflow could spark a breakout and push the latest Solana price prediction toward new highs. Despite recent price weakness, Solana…
Bitcoin hovered close to $90,400 on Tuesday as the crypto market showed signs of recovery after suffering one of its worst November declines since 2018. Despite the broader rebound, newly released data indicated that Europe was the main source of selling pressure throughout the month, contributing heavily to the downturn. Over the past 24 hours,…
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…
Ethereum is struggling below the $3,930 resistance level, but traders believe a strong breakout could be on the horizon. Ethereum (ETH) hovered close to the $3,930 resistance mark during the European session, trading around $3,951.37 with a 24-hour volume of $25.6 billion. As the world’s second-largest cryptocurrency, Ethereum now holds a $476.9 billion market cap,…
The Pi Network price remains stuck near record lows, despite developers unveiling a major App Studio upgrade aimed at boosting ecosystem growth. App Studio Upgrade Fails to Lift Sentiment The new App Studio update is designed to make it easier for developers to build decentralized applications (dApps) within the Pi Network ecosystem. The update includes…
Bitcoin’s price has entered a correction phase after falling nearly 14% from its yearly peak. The decline could deepen as a bearish chart pattern takes shape and exchange-traded fund (ETF) outflows continue to weigh on market sentiment. Bitcoin ETF Outflows Surge as Price Correction Deepens Key Points Bitcoin Extends Losses After Sharp Correction Bitcoin’s price…
Last week brought a mixed outcome for the crypto market. Bitcoin and many altcoins slipped, but tokens like Bittensor, Ethena, Morpho, and Conflux bucked the trend with strong performances. The crypto market is bracing for potential swings this week, driven by the upcoming U.S. inflation report, China’s key political meeting (the Fourth Plenum), and renewed…
Bitcoin (BTC) has slipped below a key technical indicator as the global financial market reacts to declining U.S. bond yields. The world’s largest cryptocurrency is now trading around $108,500, marking a 1.8% decline in the past 24 hours. Traders are keeping a close eye on the 200-day simple moving average (SMA)—a level widely seen as…