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Solana (SOL) has recently shed 5% of its market value, dropping to a critical support zone that historically has triggered strong rebounds. This zone, which has previously sparked rallies toward the $250-$260 range, presents an opportunity for a potential 35% rise from its current price. However, with the recent surge in volume—up by 65% to…
Ethereum (ETH), the world’s second-largest cryptocurrency, is reportedly at a pivotal juncture, with market sentiment reaching its lowest point in a year. This downturn in sentiment, however, may signal an impending price reversal, according to industry experts. Ed Hindi, co-founder of Swiss investment firm Tyr Capital, suggests that Ethereum has “reached peak ‘bearishness’” and stands…
Jupiter Exchange has announced a major initiative to enhance market stability by allocating 50% of its protocol fees to repurchase and lock JUP tokens for three years. This program, set to begin on February 17, aims to reduce the circulating supply and reinforce long-term investor confidence. 🚀 BREAKING: Jupiter Exchange Announces $JUP Buybacks! ⚡🔥 Starting…
A single transaction on the Solana blockchain has sent shockwaves through the cryptocurrency market, wiping out billions from Broccoli Coin’s valuation. The trade, which netted an individual approximately $8 million, slashed the token’s market capitalization from a staggering $9.5 billion to under $1 billion in an instant. Transaction Details and Market Impact Blockchain data confirms…
After reaching an all-time high (ATH) of $5.36 on January 6, SUI has shed over 30% of its value in the past month. However, a recent rebound above the 200-day Exponential Moving Average (EMA) triggered an impressive 11% surge over the last three days, outpacing much of the crypto market amid a broader downtrend. Bulls…
Dogecoin (DOGE) has posted a modest 5% gain, yet remains below key resistance levels. Despite steady on-chain metrics hinting at quiet accumulation, the leading memecoin is still 47% below its yearly peak of $0.48. Memecoin Market Sees Profit-Taking The broader memecoin sector has experienced a sharp 6% drop in market cap over the past 24…
Renowned trader Peter Brandt has tempered bullish expectations for Bitcoin, suggesting that the leading cryptocurrency may struggle to surpass $200,000 before the end of this decade. While acknowledging Bitcoin’s historical parabolic surges, Brandt emphasized that his analysis was merely an observation, not a trade recommendation, underscoring the uncertainty surrounding long-term price projections. Bitcoin’s Price Struggles…
US Democratic Senator Elizabeth Warren is taking a firm stance against efforts by Elon Musk and former President Donald Trump to dismantle the Consumer Financial Protection Bureau (CFPB), an agency she helped establish in 2007. The CFPB, tasked with safeguarding American consumers, has recently faced another round of layoffs, with up to 100 employees losing…
BNB Chain, the blockchain linked to Binance, has made headlines by leapfrogging Solana in daily fees, according to recent data from Nansen. On February 13, BNB Chain generated a remarkable $5.8 million in daily fees, surpassing Solana’s $3.3 million and even outperforming Ethereum by more than five times. This achievement marks the first time since…
Bybit, one of the leading cryptocurrency exchanges, has been removed from France’s Autorité des Marchés Financiers (AMF) blacklist, according to a statement from the company. The exchange had been on the list since May 2022 due to allegations of noncompliance with local regulations. As of now, Bybit no longer appears on AMF’s list of unauthorized…