Author: John Smith
HBAR price has formed at least two highly bullish patterns, pointing to an eventual rebound despite deteriorating metrics in the decentralized finance industry. Summary HBAR price has formed numerous chart patterns, pointing to more gains in the near term. It has formed a falling wedge pattern and is in the second phase of the Elliot Wave. The main risk is that the network growth is deteriorating. Hedera (HBAR) was trading at $0.2286 on Monday, up from this month’s low of $0.2060. It remains about 25% below the year-to-date high of $0.3045. HBAR price technical analysis The daily timeframe chart shows…
Robinhood has yet to address the apparent platform-wide outage of its trading services across the mobile app and website. Summary Thousands of Robinhood users reported being unable to do trades Traders are complaining about being unable to close positions, which can result in losses Scammers are already trying to exploit the situation with phishing messages Robinhood is experiencing a major, platform-wide outage. On Monday, Oct. 6, tens of thousands of Robinhood traders were apparently unable to perform trades on Robinhood apps. Many took to social media to complain. Shares of Robinhood were lower by around 1% after opening for trading…
A crypto market rally is happening, with Bitcoin price hovering at its all-time high and the valuation of all coins soaring to $4.36 trillion. This article highlights some of the top reasons why the crypto bull run is happening. Summary The crypto market rally has intensified in the past few weeks. Bitcoin price jumped to a record high on Sunday this year. The rally is because of the rising institutional demand, Federal Reserve interest rate cuts, and seasonality. Crypto market rally triggered by rising institutional demand One of the top reasons why the crypto market rally is happening is the…
The European Commission is reportedly drafting new rules that would grant ESMA greater supervision over cryptocurrency companies, instead of leaving it up to local regulators. Summary EU lawmakers are reportedly drafting reforms to give ESMA direct oversight of crypto firms, shifting authority away from national regulators. The proposal has sparked backlash from smaller EU states like Malta and Luxembourg, which fear losing regulatory autonomy and competitiveness. According to a report by the Financial Times, EU lawmakers want to transfer crypto oversight powers from national authorities to European Securities and Markets Authority. This move comes under a proposal to grant the…
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 rapid maturation of onchain finance is bringing the industry to a crossroads. With the passage of the GENIUS Act and the ongoing momentum behind the CLARITY Act, the regulatory conversation is no longer about whether these systems should be regulated — but how. In this environment, the core challenge isn’t how to launch another stablecoin. It’s how to design infrastructure that can thrive within the rules. Summary The GENIUS Act sets narrow rules for fiat-redeemable payment…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SitonMining integrates with the XRP ecosystem, opening a new path for accessible cloud-based mining. Summary SitonMining lowers barriers to mining by removing the need for hardware and technical expertise. Its cloud-based model allows users to participate in mining in a simple and consistent way. Transparent systems and decentralized management enhance trust and security for participants. In today’s rapidly developing blockchain world, XRP, as the world’s leading payment cryptocurrency, has long been renowned for its efficient and low-cost cross-border payments.…
Aster slid 16% intraday after DeFiLlama delisted its perpetual futures data over suspicious trading patterns, sparking a sell-off amid rising market activity and trader caution. Summary Aster price dropped more than 10% to $1.92 after DeFiLlama delisted its perpetual data. Derivatives volume rose 1.85% to $4.83B, while open interest held at $1.45B. RSI near 47 shows neutral momentum; key support sits at $1.75. Aster is trading at $1.92, down 6% on the day. The token dropped to an intraday low of $1.80 from a high of $2.09 before marginally rising. Aster is now 21% down from its peak of $2.09…
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 GENIUS Act was supposed to bring clarity to stablecoins, and in many ways, it has. For the first time, there’s a clear federal framework: issuers now have to fully collateralize their coins with safe assets, maintain transparent reserves, and they cannot pay yield directly to customers. After years of uncertainty, this kind of clarity is huge, but it has also caused heads to butt. Summary Banks fear stablecoins will drain deposits, but history shows financial systems…
In this week’s edition of the weekly recap, market momentum pushed Bitcoin to a new all-time high, surpassing $125,000, as institutional infrastructure expands. Source link
Bitcoin jumped to a record high, boosted by safe-haven bets, increased exchange-traded funds inflow, and the rising Fear and Greed Index. Summary Bitcoin’s latest surge underscores a renewed wave of investor optimism driven by improving market sentiment, expectations of Federal Reserve rate cuts, and mounting inflows into spot ETFs. The convergence of macroeconomic tailwinds, seasonal strength, and risk appetite has positioned BTC for another potential leg higher — signaling that the world’s largest cryptocurrency may be entering a new phase of institutional-led momentum. Bitcoin price rises as Crypto Fear and Greed Index jumps Bitcoin (BTC) price continued its strong rally…