Author: John Smith
Despite muted price action, Cardano is attracting attention from whales, who are steadily adding to their positions. Traders are now debating what this could mean for the Cardano price. Summary Cardano slipped to $0.41 after a 25 bp Fed rate cut. Upside potential exists if ADA climbs above $0.45, with targets of $0.50 and possibly $0.70 supported by institutional backing. Downside risks lie in the $0.40–$0.44 zone; a break below this range could push ADA down toward $0.38–$0.39. Near-term ADA outlook is mixed, leaving traders to monitor both bullish and bearish signals. Current market scenario Cardano (ADA) slid to $0.41…
Pi Network price continued its recent downward trend today, Dec. 14, as demand for the coin remained elusive and as an alarming pattern formed. Summary Pi Network price has continued the downward trend this month. The token has formed a double-top pattern on the daily chart. Volume data shows that the token’s demand has plunged this year. Pi Coin (PI) token plunged to a low of $0.085, its lowest level since November 4 this year. It has erased most of the gains it made last month when it beat top coins like Bitcoin and Ethereum. Pi Network price has been…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP expands to Solana and Ethereum as LeanHash launches new computing power contracts for XRP, ETH, and SOL. Summary XRP expands to Solana and Ethereum as LeanHash rolls out new computing power contracts for XRP, ETH and SOL investors. Ripple boosts multi-chain reach with XRP on Solana and Ethereum as LeanHash adds cloud power contracts to meet rising demand. XRP’s cross-chain launch on Solana and Ethereum drives computing needs, prompting LeanHash to offer new cloud power options. With the…
Ethereum price trades within a rising wedge at $3,200, a bearish pattern signaling weakening momentum and raising the likelihood of a breakdown toward lower support regions. Summary ETH forms a bearish rising wedge as price approaches the $3,200 region. Loss of the Value Area High and weak volume indicate structural weakness. Breakdown below the wedge and POC could accelerate a move toward $2,500 support. Ethereum’s (ETH) price has recovered modestly from recent lows, but the structure of this rebound is flashing warning signs. The asset has rallied into a bearish rising wedge, a technical formation that often appears during corrective moves…
XRP price continued its recent downtrend even after the Office of the Comptroller of the Currency granted Ripple Labs a conditional approval for a banking charter, and ETF inflows continued. Summary XRP price is stuck in a technical bear market after falling by ~45% from the year-to-date high. OCC granted Ripple Labs a national banking charter. The charter allows the company to offer custody services. Ripple (XRP) token dropped to a low of $1.980, continuing a downtrend that started in July when it peaked at $3.6600. SEC grants Ripple Labs a banking license The XRP price has dropped despite having…
Summary Silver hit record highs while U.S. Treasury yields surged. Crypto skeptic Peter Schiff says this reflects mounting stress following the Fed’s recent rate cut and renewed quantitative easing. Chart data shows silver’s rally has been steady and technically strong, with higher highs, higher lows, and no speculative volume spikes—supporting the view that investors are repositioning amid declining confidence in current monetary policy. Silver prices reached record levels as U.S. bond yields continued climbing, prompting economist Peter Schiff to question the Federal Reserve’s recent monetary policy decisions. Schiff stated that silver is trading at an all-time high, while gold has…
The Office of the Comptroller of the Currency (OCC) granted conditional approval for national trust bank charters to five digital asset firms on Friday, including Ripple, Circle, and Fidelity Digital Assets, according to an official release. Summary The OCC granted conditional national trust bank charters to five major digital-asset firms—including Ripple, Circle, Paxos, BitGo, and Fidelity Digital Assets—integrating them directly into the federal banking system and Fed payment rails. The approvals, enabled by the new GENIUS Act and paired with Interpretive Letter 1188, give these firms expanded authority to settle stablecoins like USDC through the Federal Reserve and conduct riskless-principal…
Polygon price continued its steady downtrend this week, even as the network’s activity surged after the Madhugiri hard fork. Summary Polygon price has slumped to the lowest point this year. The network activated the Madhugiri hard fork this week. The number of transactions in the network has soared. Polygon (POL) token slumped to a new fresh low after it transitioned to POL from MATIC last year. It was trading at $0.1200, down by double-digits from the September high of $0.2970. The ongoing Polygon price crash is happening despite the network having some of the best fundamentals. For example, the number…
The LUNC price has dived by over 45% from its highest point this week, a move that has erased millions of dollars in market value. Terra Luna Classic (LUNC) token dropped to a low of $0.00004587, its lowest level since… Source link
Ethereum spot ETFs recorded $19.41 million in net outflows on December 12 as ETH price stalled near the $3,000 level. Summary Ethereum ETFs posted $19.41M in net outflows on December 12 amid mixed fund activity. BlackRock ETHA saw inflows, but Grayscale and Fidelity outflows dragged totals lower. Analysts flag bullish ETH setup despite short-term weakness near $3,000 support. BlackRock’s ETHA attracted $23.25 million in inflows while Grayscale’s ETHE and ETH funds posted combined withdrawals of $36.52 million. Ethereum (ETH) traded at $3,157 with a 24-hour range of $3,054.43 to $3,261.13. The token has dropped 5.4% over the past 24 hours…