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Pi Network (PI) is currently consolidating within a symmetrical triangle pattern on the 1-hour chart, following an extended impulsive wave. This structure aligns with wave (iv) in the broader Elliott Wave count, suggesting a potential bullish breakout to complete wave (v) of the ongoing cycle. Technical Analysis: Key Levels and Patterns PI is testing support…
Nasdaq has officially submitted Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade shares of the Canary HBAR ETF. This investment product is designed to track the spot price of Hedera’s HBAR, currently the 21st largest cryptocurrency by market capitalization. The filing follows Canary Capital’s strategic expansion into…
Shiba Inu (SHIB) has slipped below its critical $0.000015 support level for the first time in 2025, sparking concerns among traders. Currently trading at $0.00001485, the popular meme coin has declined by 5% in the past 24 hours. This drop coincides with a sharp 66% decrease in SHIB’s burn rate, according to data from Shibburn….
Circle, the issuer of USDC, has further solidified its dominance in the Solana ecosystem by minting an additional $250 million in USDC. The latest issuance, revealed on February 24 by blockchain analytics firm Spot On Chain, brings Circle’s total USDC minting on Solana to $1 billion in just the past seven days. USDC Leads Solana’s…
The Pi Network price has made an impressive 157% comeback after last week’s steep decline following its highly anticipated mainnet launch. Despite broader market pressure on Bitcoin and altcoins, Pi’s price recovery has reignited investor interest. The key question now is whether Pi can surge from its current $1.52 to $5 before the first quarter…
XRP price is trading near a critical resistance level, with analysts closely monitoring the $2.60 mark. Crypto experts suggest that a breakout above this level, followed by a breach of $2.77, could pave the way for a sustained upward move. Resistance levels are currently set at $2.60, $2.85, and $5.85 in the long term, while…
Bitcoin (BTC) is struggling to gain momentum as February nears its end, with liquidity stacking up on both sides of the spot price. Traders remain on edge as key economic data looms, while market sentiment deteriorates amid falling network activity and volatility compression. BTC Price Action: A Tight Range with High Stakes Bitcoin is stuck…
Ethereum has been on a rollercoaster ride since early February, experiencing sharp declines followed by swift recoveries. At the start of the month, ETH plunged below $2,200, hitting one of its lowest levels in months. However, strong buying pressure pushed prices back above $2,500, leading to a consolidation phase. Despite this recovery, Ethereum has struggled…
The cryptocurrency market is facing another significant decline, with major assets like Bitcoin (BTC) and Ethereum (ETH) struggling to hold key support levels. As of now, Bitcoin is trading around $95,896, marking a 0.64% daily drop, while Ethereum has fallen below $2,800, sitting at $2,725 after a 3.50% decline in the last 24 hours. The…
Cardano founder Charles Hoskinson has unveiled a groundbreaking vision for Bitcoin’s integration into decentralized finance (DeFi). Speaking on the Mr. M Podcast alongside early Bitcoin adopter Davinci Jeremie, Hoskinson outlined how Bitcoin holders could access DeFi opportunities without leaving the Bitcoin ecosystem. Bitcoin DeFi: A Sleeping Giant Hoskinson highlighted the immense potential of Bitcoin DeFi,…