Author: Benjamin Lee

Tornado Cash price retests supply wall at $12 with 6% spike in the last 24 hours. Overall bounce for top coins has seen TORN price rebound from lows of $11.50 to retest the key resistance area around $12.40. The technical picture is bullish with TORN looking to break above a key ascending triangle pattern on the daily chart. Tornado Cash (TORN), the governance token for the Ethereum-based privacy protocol, recently in the headlines for a court verdict on one of its co-founders, is trading at a key level after bouncing off recent lows. With the broader cryptocurrency market displaying resilience,…

Sky Protocol has spent nearly $75M on buybacks since February 2025. SKY token has risen by 12.6% in a week, nearing previous highs. Buybacks reduced supply and boosted investor confidence. The price of the SKY token has jumped 12.6% over the past seven days as the Sky Network buyback program starts to bear fruits. The steady rise comes after months of token repurchases, with Sky Protocol investing tens of millions of dollars to reduce supply and stabilise market confidence. Sky Protocol’s buyback strategy Sky, formerly known as Maker before rebranding in August 2024, has made headlines with its aggressive buyback…

Ethena’s token ENA is up nearly double digits in 24 hours as bulls eye a breakout above $0.80. The token expects a major unlock event of 94 million ENA. Analysts say price could break out amid key fundamental strengths for Ethena. Ethena (ENA) price is up nearly 10% in the past 24 hours, despite the USDe stablecoin platform facing a huge token unlock. The price of Ethena at $0.69 signals a potential breakout if buyers drive sentiment post the over 94 million ENA token unlock event. Meanwhile, trading volume has surged 53% to over $574 million and market cap to…

Numeraire token NMR is down 25% as profit taking increases. The Numerai native token recently exploded amid a $500 million investment by JPMorgan. NMR price could drop to $15 and face resistance around $18. As top coins struggle with sell-off pressure, the price of Numeraire (NMR) has pared recent gains as it dropped 25% in the past 24 hours. Like the rest of the cryptocurrency market that has witnessed meteoric gains in the past few days, NMR has dumped as traders lock in gains. Numeraire price hovered around $16.36 at the time of writing, down as Bitcoin struggled and Ethereum…

The coin has failed to break past $3.00 for two consecutive weeks. Capital outflows are outweighing inflows, weakening momentum. A drop to $2.74 is likely if selling continues. XRP is struggling to break through the $3.00 mark, with repeated attempts over the past two weeks falling short. The altcoin has been unable to sustain momentum, weighed down by weak investor support and shrinking inflows. At the time of writing, XRP trades at $2.87, remaining below the $2.95 resistance zone. Market data shows reduced activity from both new and existing participants, leaving the cryptocurrency in a consolidation phase. Source: CoinMarketCap With…

The company has acquired 407,247 SOL tokens in its latest purchase. DeFi Dev Corp. now holds Solana worth around $371M, 1.83 million coins. On-chain indicators support SOL’s upside trajectory. The first Nasdaq-listed firm with a Solana-centric treasury strategy is once again in the spotlight. According to the latest press release, DeFi Development Corp. disclosed the purchase of 407,247 SOL assets valued at approximately $77 million. The recent accumulation increased the company’s total SOL holdings to 1,831,011 tokens, worth around $371 million. 1/ Another major step forward: we’ve grown our treasury by 407,247 $SOL, bringing total holdings to 1,831,011 SOL (~$371M).…

Hyperliquid price jumped to a new all-time high above $51. The token broke higher as HYPE bulls held above a major ascending trendline. While price is down 4% from the ATH and hovers near 48, analysts predict further gains. Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51. But can bulls hold prices above a key trendline and enter price discovery? Hyperliquid pares gains after bulls reach new ATH HYPE has been on a tear, climbing to an all-time high of $51.07…

Litecoin trades near $112, just in the green on the day but at risk of fresh losses. The LTC price hovers at key support level as bulls attempt to hold bears off. Bullish crypto market and catalysts such as spot Litecoin exchange-traded funds could help LTC go higher. Litecoin (LTC) is trading at $112, about 2% up in the last 24 hours, but in the red over the past week and month time frames. Meanwhile, the 24-hour trading volume of $694 million is more than 22% down on the previous day as top altcoins look to bounce. As LTC price…

Synthetix’s native token SNX spiked more than 20% in 24 hours to hit $0.79. Daily volume rocketed 700% to over $147 million, with Synthetix benefiting from a broader crypto bounce. The Synthetix network’s move to launch its perps DEX on the Ethereum mainnet has helped SNX price. Synthetix (SNX), a decentralized futures protocol with trading support on Ethereum, has seen its price surge by 20% within the last 24 hours as Bitcoin leads a minor bounce for the crypto market. The SNX token, which has climbed alongside notable gains for Ethereum, Solana and XRP, hit intraday highs of $0.79. Price…

Numeraire price is up 40% to near $12.40 after JPMorgan secured $500 million capacity in Numerai. The NMR token jumped to highs last seen in February. JPMorgan’s move sees Numerai more than double its size. Numeraire (NMR), the native token of the San Francisco-based crypto hedge fund Numerai, has surged more than 40% in the past 24 hours after JPMorgan announced investment in the hedge fund. On Aug. 26, the Numerai team announced that JPMorgan has secured $500 million in capacity in Numerai, triggering the sharp price surge. Gains outpaced Cronos (CRO), which spiked after Trump Media announced a partnership…