Author: John Smith
Bitcoin appears ready for a technical breakout from its multi-month downtrend after pumping from its weekly low of $74,773 to below $84,000 at last check on Sunday. Source: CoinGecko Crypto analyst Rekt Capital tweeted that Bitcoin (BTC) is “mere hours away from performing the initial but crucial steps towards fully confirming a breakout beyond the multi-month downtrend.” The analyst also highlighted that when Bitcoin successfully breaks a technical downtrend, it establishes a new uptrend phase. This technical analysis comes as Bitcoin is going through a challenging period. It has dropped 22.3% from its all-time high of $108,786, reached on Jan.…
Several altcoins post impressive gains, even as Bitcoin trades sideways below $85,000. PumpBTC and Undeads Games have both surged approximately 60% in the past 24 hours. PumpBTC has climbed 60.7% in the last 24 hours and traded as high as $0.1079 from a low of $0.06017. This recent surge extends the token’s decent performance over the past week, with a pump of 140%. 24H Pump price chart PUMP’s price action appears connected to recent exchange listings and expanded trading options. Binance Futures recently announced the launch of USD-Margined PUMP perpetual contracts, while Bybit Futures has also added PUMP to its…
IOTA token price has moved sideways in the past few days as it formed a rare bullish pattern ahead of the Rebased upgrade. IOTA (IOTA) was trading at $0.1670, a few points above the year-to-date low of $0.1360. It remains significantly below last year’s high of $0.6375. The coin could experience big gains in the next few weeks as the developers unveil the Rebased upgrade. While the date has not been announced, there are rumors that it will happen later this month. Rebased is a major upgrade that will transition the network into a more accessible layer-1 network. It will…
Pi Network’s price is showing bottoming signs after rebounding by over 80% from its lowest level in April. Pi coin (PI) token jumped to a high of $0.7375 this weekend as investors bought the dip. It has soared to its highest level since March 31, with its daily volume rising by over 80% to over $700 million. The token rose as the crypto industry held steady amid the ongoing trade jitters. Top cryptocurrencies like Bitcoin (BTC) and Solana (SOL) have bounced back this week. BTC rose to $84,000, while Solana jumped to $130. Traders believe that the Federal Reserve will…
The JasmyCoin price went parabolic on Sunday, reaching its highest level since March 6 as the falling wedge worked out and the number of active addresses rose. Jasmy Coin (JASMY), popularly known as Japan’s Bitcoin, has rebounded after bottoming at $0.0082 earlier this month. It rose to a high of $0.017, up by 103% from its lowest level this month. The rebound happened as the crypto market stabilized, with Bitcoin (BTC) trading above $84,000. Other top tokens like Solana (SOL) and Fartcoin (FARTCOIN) have also bounced back in the past few days. On-chain data shows that the number of JASMY…
Today’s edition of the crypto weekly recap covers the Trump administration’s moves to benefit meme coins, Bitcoin, stablecoins and DeFi. Trump signs law repealing Biden-era IRS DeFi broker rule Tariff mess is great news for Bitcoin: Binance CEO SEC, Binance… Source link
Crypto prices had a mixed performance last week, with popular tokens like Onyxcoin, Fartcoin, Jasmy, Hyperliquid, and Helium soaring. Other altcoins like Tezos, EOS, Movement, Toncoin, and Ethereum crashed by double digits. Bitcoin (BTC) remained in a consolidation phase during the week, even as the US dollar index plunged and U.S. equities wavered. This article explores why Fartcoin (FARTCOIN), Solana (SOL), and Arbitrum (ARB) are the top cryptocurrencies to watch this week. Solana SOL price chart | Source: crypto.news Solana, the giant layer-1 network will be in the spotlight this week because of its rising transactions. Nansen data shows that…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The new United States stablecoin bill, known as the “Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act,” is a big move for safeguarding blockchain innovation in the US. Sponsored by Senator Bill Hagerty (R-Tenn.), it marks a rare moment of bipartisan support for establishing a clear regulatory framework for one particular facet of the digital assets industry: namely, an area that has potential to establish meaningful guidelines around licensing and oversight, transparency and reserve standards,…
Binance, the world’s largest cryptocurrency exchange, is plotting a return to the U.S. based on newfound ties with the Trump family. According to the Wall Street Journal, executives from Binance met with U.S. Treasury officials last month to request the removal or reduction of a federal monitorship that has overseen the exchange’s compliance with anti-money-laundering laws since it pled guilty in 2023 and paid a record $4.3 billion fine. Canada also fined Binance, but the penalty was much lower at $4.3 million. At the same time, Binance has been exploring a business deal with World Liberty Financial (WLFI), a DeFi…
Despite Ethereum’s continued struggle to maintain the $1,600 price level, several altcoins posted triple-digit gains. Wayfinder (PROMPT), Magic Internet Money (MIM), and Bitcoin Wizards (WZRD) are leading the charge in the past 24 hours. Wayfinder has risen by 179.2% in the last 24 hours and trades at $0.5043 from a low of $0.1798. The token currently has a market cap of $113 million. The impressive rally follows several key developments for the project. Wayfinder recently completed an airdrop, distributing 40% of the total PROMPT supply to eligible participants. This wide distribution was complemented by listings on multiple major exchanges like…