Author: John Smith
Bitcoin has spent the majority of the week trading within a tight consolidation range. But unlike previous consolidations, this one carries a bullish undertone. With price action holding above major support levels and forming potential structural shifts, traders are on alert for a breakout move. Bitcoin’s (BTC) recent price action has been marked by low volatility and declining volume, but this may not be a sign of weakness. Instead, the technical structure and support dynamics suggest that the market is coiling before its next move. Price remains above critical support zones, and volume behavior is characteristic of accumulation, potentially setting…
Ethena’s price is now testing a crucial $0.30 support level as over $50 million worth of ENA tokens are being unleashed into the open market. Will this support hold? After a brief bounce from the $0.28 low to $0.35, Ethena (ENA) price has now reversed again, currently trading around $0.30, with the 24-hour trading volume at $245 million, up by 15%. The $0.30 level is now a critical support level as Ethena is releasing $52.97 million worth of tokens over the next seven days. The strength of this support level will likely be instrumental in determining whether the selling pressure…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Oman’s entry into crypto sparks new interest in cloud mining as digital assets gain global momentum. With the rapid development of the global digital economy, cryptocurrencies have become an attractive investment option. Against this backdrop, Oman recently announced that it will invest a huge amount to enter the cryptocurrency market, a move that has attracted widespread attention in the cloud mining industry. What is cloud mining? Among cryptocurrencies, the most representative is Bitcoin (BTC), which has always been the leader among …
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI climbs watchlists with $21m raised, while Litecoin lags, waiting for a shift that may not come. Lightchain AI is garnering significant attention in the blockchain space, securing top positions on watchlists and establishing itself as a promising emerging platform. With all 15 stages successfully completed and a Bonus Round now underway at a fixed price of $0.007, the project has raised nearly $21 million, supported by a notable increase in wallet activity from active buyers. Driven by…
Hearings on the Digital Asset Market Clarity Act took place on June 4, 2025. The bill is a bipartisan legislation clarifying the market structure for digital assets. Before the hearings, Democrats accused the Securities and Exchange Commission of withholding crucial info from them while providing it to Republicans. Will the political tensions stall innovation? “The worst technical assistance briefing” The SEC was thought to provide House members with consultations before the hearings. However, according to House Democrats, whose names are not disclosed, they were left out of the proper assistance. CoinDesk names Crypto Task Force’s Landon Zinda as the person…
The embattled crypto exchange WazirX has hit another bump in the road, with a recent decision from Singapore’s High Court dealing a blow to its ongoing recovery efforts. According to the latest announcement from Indian crypto exchange WazirX, the Singapore High Court has issued an order declining its proposed restructuring plan. The court’s decision marks a major setback for the exchange, which has struggled to regain its footing since suffering a devastating $230 million hack in July 2024. “The Honourable Singapore High Court issued an order declining to approve our proposed restructuring plan,” wrote the exchange, expressing its disappointment with…
Dune analytics showed over 60% of pump.fun traders experienced losses, while 311 wallets have earned over $1 million in the last six months. According to recent data from the on-chain analytics platform Dune, more than 2.4 million wallets or around 56% of pump.fun traders have experienced losses amounting to at least $1,000 in the last six months. Meanwhile, only 311 wallets were able to make more than $1 million by investing in meme coins launched on the platform. The large gap between profit and loss on the meme coin platform indicates that most traders on the meme coin site have…
MXC price has reclaimed a key level around $0.0040 and keeps holding above it, potentially printing a higher low and keeping on track to resume the uptrend. Moonchain (MXC) has surged 70% in the past 24 hours and is currently trading at $0.0042. The token is rebounding strongly after a sharp pullback to $0.0023, following a parabolic rally that saw its price skyrocket from around $0.0010 to a peak of $0.0061 in just two days — a 500%+ gain. The trading volume is still elevated compared to the pre-breakout levels, indicating sustained interest and the potential for continued volatility. Looking…
Hong Kong’s financial regulators move to expand the city’s digital asset scene with fresh trading options for qualified investors. The secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui Ching-yu, has reportedly announced regulatory plans by the Securities and Futures Commission (SFC) to introduce virtual asset derivatives trading for professional investors within the region. According to local reports, the move is aimed at enriching offering options for investors within the local market. Coming on the heels of the commission’s April greenlight for licensed crypto firms to provide staking services, the decision is a part of the city’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Memecoins are back in the spotlight, and Pepeto, built on Ethereum with real utility, is emerging as a serious contender in the next wave of crypto growth. Fartcoin and Bonk have surged this week, spotlighting the growing strength of memecoins. However, for investors thinking long term, Pepeto is beginning to stand out as the most promising crypto under $1. The market has been uncertain, with global economic concerns and trade tensions affecting overall investor sentiment. But even in shaky…