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Dogecoin (DOGE) has been in a prolonged downtrend, forming a descending wedge pattern on the higher time frame. However, technical indicators suggest that a reversal may be imminent as the price approaches key Fibonacci retracement levels. A breakout from this structure could signal the beginning of a new bullish cycle for DOGE. DOGE Price Analysis:…
Ethereum (ETH) has faced a disastrous performance this cycle, failing to reach a new all-time high and shedding 50% of its value from its cycle peak. Last week’s breakdown below a long-term ascending support trend line signals potential trouble ahead for ETH, especially as the market digests the implications of the first White House crypto…
Strategy (formerly MicroStrategy), the world’s largest corporate Bitcoin holder, is facing a tough reality. Despite its unwavering commitment to Bitcoin, Strategy’s stock (MSTR) has tumbled 40% from its peak, even as Bitcoin struggles to stay above $90,000. Retail Traders Face the Heat According to 10x Research, Strategy saw an astonishing $40 billion in trading volume…
Recent rumors have ignited a firestorm in the crypto community, suggesting that U.S. President Donald Trump has signed an executive order to liquidate the government’s XRP holdings. This development has raised questions about whether Trump intends to redirect these funds toward accumulating more Bitcoin (BTC). Bitcoin Magazine CEO David Bailey took to X (formerly Twitter)…
Cardano (ADA) is showing signs of a potential rebound as its funding rate edges into positive territory after nearly a week in the negative zone. This shift suggests a change in trader sentiment, sparking optimism among investors. Cardano’s Recovery Gains Momentum ADA is currently trading at $0.80 after a sharp 16.8% decline over the past…
The XRP Ledger (XRPL) has rolled out its latest core server update, XRPL version 2.4.0, introducing critical amendments and security enhancements. This release strengthens the blockchain’s performance and provides new functionalities to improve network efficiency. XRPL version 2.4.0 is now available! Learn more: https://t.co/fccazk7I3u — RippleX (@RippleXDev) March 7, 2025 Key Amendments and Upgrades Among…
BNB Chain has announced the successful implementation of the Pascal Hardfork, an upgrade designed to significantly improve user experience and developer efficiency on the Binance Smart Chain (BSC). The network revealed the update in a post on X (Twitter), highlighting its commitment to staying at the forefront of blockchain innovation. What is the Pascal Hardfork?…
Ondo Finance (ONDO) has made a significant impact in the decentralized finance (DeFi) sector, surpassing $1 billion in total value locked (TVL) within just 30 days. This staggering 57% increase cements Ondo’s dominance in the rapidly expanding tokenized U.S. Treasuries market, which now boasts a total market value exceeding $4 billion. With such rapid growth,…
The highly anticipated White House Crypto Summit failed to ignite bullish momentum in institutional crypto investment, as Bitcoin exchange-traded funds (ETFs) recorded their fourth consecutive week of outflows. Data shows that over $4.5 billion in net assets have exited the market in the past month, signaling cautious sentiment among institutional investors. Bitcoin ETF Outflows Continue…
XRP continues to trade in the red today, aligning with a broader crypto market downturn following the White House Crypto Summit. However, despite its recent volatility, analysts remain optimistic about the long-term trajectory of Ripple’s native asset. Some even suggest that XRP could mirror its historic 2017-2018 rally, which saw a staggering 700% surge. XRP…