Crypto News Summaries
Bitcoin's rally faces a hurdle around $98,400, says Glassnode, due to a supply overhang from short-term holders eager to break even. Overcoming this resistance, plus the $100,000 mark, requires a surge in demand.
Bitcoin's price consolidation sparks debate: is it a bear trap or a new foundation? Whales are accumulating, while retail investors sell, creating a tug-of-war in the crypto market.
Dogecoin is attempting a comeback, surging past key resistance levels but facing a crucial test. Can the meme coin maintain its momentum, or will selling pressure send it tumbling back down?
XRP faces a crucial test, but overextended shorts might signal a potential rebound. Bearish sentiment could fuel a surprise rally if XRP reclaims key levels, punishing late sellers.
Ethereum's network fundamentals are booming with staking hitting record highs and institutional interest surging. Despite this strength, the price remains low, sparking debate about a potential market bottom and future rally.
Capital One's $5.15 billion acquisition of Brex signals a major convergence of traditional finance and crypto. The move puts Capital One at the forefront of stablecoin payments, marking a bold step into the digital asset space.
A shocking $47.7 million Bitcoin theft from South Korean prosecutors exposes the weak links in crypto asset security. The incident highlights the urgent need for law enforcement to strengthen digital asset protection against sophisticated cyberattacks.
XRP is facing intense bearish pressure, struggling to stay above key price levels. Failure to overcome resistance could lead to further declines, potentially hitting new lows.
Ethereum's mainnet is booming, fueled by lower gas fees, but address poisoning attacks are inflating activity. Despite security concerns, Ethereum dominates on-chain crypto assets and stablecoins, solidifying its role in digital finance.
XRP shorts are feeling the heat as the crypto shows signs of strength and prepares for a potential price surge. Strong fundamentals and a possible short squeeze could fuel significant upward momentum.
Ethereum eyes a comeback, battling to overcome the crucial $3,050 resistance. A break above this level could fuel a rally, while failure risks a sharp decline towards key support levels.
Bitcoin's recovery is shaky as it battles volatility near $90,000. A key metric reveals that only 71% of the Bitcoin supply is in profit, which isn't enough to sustain a bull run.
