[ad_1] XRP price is holding the $0.500 support zone. The price is consolidating and aiming for a fresh increase while Bitcoin is trimming gains. XRP price is eyeing a decent increase above the $0.5100 zone. The price is now trading below $0.5095 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $0.5090 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5135 resistance zone. XRP Price Eyes Upside Break XRP price extended losses below the $0.5000 support…
Author: dfrancis36
[ad_1] FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and…
[ad_1] A popular on-chain strategist says Ethereum (ETH) is showing a great risk-reward ratio setup. Analyst Ali Martinez tells his 76,900 followers on the social media platform X that ETH appears to be forming a bullish ascending channel on the weekly timeframe. “The risk-to-reward ratio on Ethereum is too good to pass up for a long position! I’ve set my stop below $1,880 and am aiming for a target of $6,000.” Source: Ali Martinez/X Looking at his chart, the analyst suggests ETH is holding the bottom trend line of the ascending channel as support and could soon re-test the upper…
[ad_1] The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat that saw a massive increase in the USDT on TON hitting over $1 billion in only six months, an indicator of the capability of the emerging dynamic duo. Exponential Growth Analysts said that TON keeps on moving upward as many investors start to adopt Tether’s stablecoin. In a report, CryptoQuant said that in the last six months, USDT on TON rose by a whopping…
[ad_1] On Monday, the State of Michigan revealed substantial investments in cryptocurrency exchange-traded funds (ETFs) for Bitcoin and Ethereum in a 13F filing with the US Securities and Exchange Commission (SEC). This strategic move marks a significant step for institutional investment in digital assets, as the Michigan Retirement System manages approximately $144 million in pension fund assets for state employees. Michigan Becomes First State Pension Fund To Invest In Ethereum ETF The Michigan Retirement System disclosed an investment of over $6.9 million in the ARK/21Shares Bitcoin ETF, equating to around 110,000 shares of the fund. Moreover, Michigan has become the…
[ad_1] Este artículo también está disponible en español. Dogecoin has achieved another historic milestone, as Dogecoin whales recorded their largest accumulation week since January 2024. Over 2.1 billion DOGE tokens were purchased during this period, underscoring the resurgence of interest and renewed confidence in the doggy-themed meme coin among prominent large-scale investors. Dogecoin Whales Set New Accumulation Record Over the past week, Dogecoin whales have been on a significant accumulation trend, buying more DOGE tokens than ever since the beginning of this year, when the positive sentiment surrounding meme coins was high. Data from IntoTheBlock has revealed that many Dogecoin…
[ad_1] Solana trimmed gains and traded below the $172 support zone. SOL price is consolidating and might struggle to recover above the $165 resistance. SOL price started a fresh decline after it struggled near the $175 zone against the US Dollar. The price is now trading below $170 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $162 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a decent upward movement if it stays above the $155 and $150 support levels. Solana Price Extends Losses…
[ad_1] Several leading U.S. publicly listed mining companies from Wall Street, including TeraWulf, Riot Platforms, CleanSpark, and MARA, posted production gains in October.Although for some, the BTC production results were the highest since the halving, the recent JPMorgan report reveals a continued decline in industry-wide revenue and profitability. The report, which highlights a record-high network hash rate, points to increasing operational challenges and intensifying competition across the sector.TeraWulf Sees Modest Gains with Efficiency ImprovementsTeraWulf (NASDAQ: WULF) reported the mining of 150 Bitcoins in October, maintaining a daily average of approximately 4.8 BTC. The firm’s operational self-mining capacity rose 62% year-over-year…
[ad_1] As the political landscape shifts in anticipation of the upcoming midterm elections in 2026, major players in the crypto industry are making significant financial commitments to support candidates who advocate for favorable regulatory changes. Notably, venture capital firm Andreessen Horowitz, better known as a16z, has pledged more than $23 million to the political action committee Fairshake and its affiliates, with the goal to bolster crypto-friendly candidates even before the dust settles from the current electoral cycle. Fairshake PAC Champions Crypto Interests This substantial donation follows Coinbase Global Inc.’s recent announcement of a $25 million commitment to Fairshake, further highlighting…
[ad_1] Este artículo también está disponible en español. As the United States braces for the outcome of the closely contested presidential election between former President Donald Trump and Vice President Kamala Harris, Bitcoin (BTC) has experienced a price drop, now hovering around the $68,000 mark. BTC Faces Key Support Levels Bitcoin has struggled to surpass its all-time high of $73,700, a level achieved in March following the approval of exchange-traded funds (ETFs) that invest in the cryptocurrency. Despite several attempts to breach this mark, Bitcoin has faced resistance, leading to a current price correction. Should it fail to maintain its…