Crypto News Sentiment
Updated: 25 days and 4 hours ago
Ark Invest Expands Bullish Holdings Ark Invest has increased its positive outlook on the crypto sector, emphasizing investments in regulated crypto infrastructure.
XRP Expected to Reach Double-Digits XRP's RSI points towards a potential explosive price rally, according to technical analyst Egrag Crypto, projecting a peak in the 97 range.
Bitcoin Faces Bearish Signs Bitcoin is experiencing losses and may decline below $115,500, showing bearish signals and breaking through a key support level.
Monero Rebounds Post-51% Attack Scare Monero surged 7% after reversing a 51% attack attempt, testing $280 resistance with $250 as key support.
XRP Aims for Multi-Year Resistance Breakout XRP is pressuring a multi-year resistance zone around $3.15-$3.25, a breakthrough could trigger an explosive rally and redefine the crypto cycle.
Crypto Market Turns Bearish The crypto market shows a bearish trend with Bitcoin testing $115K, XRP slipping below $3, and Ethereum dipping 3.5%.
Japan Approves First Yen-Backed Stablecoin JPYC Japan's Financial Services Agency approves the launch of JPYC, the nation's first yen-pegged stablecoin, aiming to streamline international money transfers.
Solana Hits 100,000 TPS Solana briefly reached over 100,000 transactions per second during a stress test, potentially allowing the blockchain to handle at least 80,000 TPS.
Japan Approves Launch of First Yen-Pegged Stablecoin Japan prepares to approve its first stablecoin, issued by Tokyo-based fintech JPYC, aligning with efforts to modernize its financial system.
Ethereum Price Correction Below $4,650 Ethereum's price has corrected below the $4,650 zone, showing some bearish signs and potentially moving towards the $4,180 support level. The price is trading below $4,500 and the 100-hourly Simple Moving Average, with a bearish trend line forming.
Crypto Market Liquidation Hits $106 Million A significant liquidation event occurred in the crypto market, with over $106 million in assets being liquidated within an hour. This highlights the volatility and risk in the current market conditions.
XRP Bears Continue to Push Prices Down XRP's price is declining below the $3.20 and $3.150 resistance zones, indicating a bearish trend. The price is now trading below $3.120 and the 100-hourly Simple Moving Average, with a bearish trend line forming at $3.060. Bulls may maintain control if the price can clear the $3.10 zone.
Bitcoin Plunges to 11-Day Low Amid Liquidations Bitcoin dropped to an 11-day low of $115,000, following nearly $500 million in liquidations across the market. This decline has affected other altcoins like Ethereum and XRP, which tested crucial resistance levels.
XRP Faces Significant Price Decline Risk XRP is at risk of a 33% crash if it fails to reclaim a key level. This warning comes during a broader market correction affecting various cryptocurrencies, including XRP. Recent market movements suggest potential further declines unless prices stabilize above critical points.