China Greenlights Launch Of Its First Crypto Stablecoin—Report
As part of an initiative to internationalize the renminbi (Chinese Yuan) and enhance its competitiveness against the US dollar, China is poised to launch its first stablecoin. Meanwhile, the US is making significant progress toward its mission of becoming the crypto capital of the world. Despite this ambitious plan, concerns about potential capital flight are…
Cardano (ADA) Targets $0.80 As Price Retests Key Level – Is An 85% Jump Ahead?
After recovering from its local lows, Cardano (ADA) is retesting a key area that could send the price to the next crucial resistance. Some analysts suggest that the cryptocurrency is preparing for a massive rally. Cardano Retests Key Resistance Following last week’s drop to the $0.70 support, Cardano is attempting to break out of a…
Ethereum Price Looks Strong – Uptrend May Resume Above Key Zone
Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone. Ethereum started a fresh increase above the $3,540 and $3,580 levels. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a bearish trend…
Japanese Financial Giant SBI Moves Forward With Bitcoin-XRP ETF Application
Japan’s largest bank, SBI, has unveiled plans to launch the country’s first exchange-traded fund (ETF) that will be linked to both Bitcoin (BTC) and XRP. SBI Unveils Japan’s First Bitcoin And XRP ETF According to circulating reports, this investment vehicle aims to trade on the Tokyo Stock Exchange (TSE), offering institutional investors a regulated avenue…
XRP Price Trapped Below Resistance – Bulls Running Out of Steam?
XRP price is struggling to continue higher above the $3.020 zone. The price is consolidating and might decline below the $2.920 support. XRP price is correcting gains from the $3.10 zone. The price is now trading near $2.980 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3.020…
DOGE Holds Above $0.18 as RSI Signals 70% Rally Potential: Can Dogecoin Outperform in Q3?
Despite recent bearish pressure in the crypto market, Dogecoin (DOGE) is showing signs of resilience, holding above the crucial $0.18 support level. After slipping below the $0.20 threshold, DOGE continues to attract bullish speculation, particularly as it approaches a critical RSI level on the 4-hour chart. Crypto analyst KrissPax highlights that Dogecoin’s RSI is nearing…
SUI In A Sweet Spot: Structural Support And VWAP Align For Potential Breakout
SUI is currently sitting in a prime “sweet spot,” where key structural support meets the VWAP average. This alignment establishes a robust technical foundation, indicating a potential breakout as buyers step in at this critical level. Key Support Level Near Aligning With VWAP Average In a post on X, CryptoPulse drew attention to SUI’s recent…
Bitcoin Holds Steady At $115,000, But Realized Price Data Warns Of Fragility
Following another rejection from the $120,000 region on July 21, Bitcoin (BTC) is now holding steady around the $115,000 level. However, realized price data suggests that BTC’s surface-level calm may be nearing its end. Old Bitcoin Whales Stop Realizing Gains According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin whale behavior indicates that…
XRP Soars 35% in a Month: Will Ripple’s Legal Win and Whale Activity Send Price to New Highs?
XRP has surged an impressive 35% over the past month, currently trading at $3.05. This bullish momentum is fueled by growing institutional interest, massive whale accumulation, and a long-anticipated regulatory breakthrough in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). Investors are increasingly optimistic ahead of the SEC’s expected status report on…
Bitcoin Stuck In Macro Purgatory—Top Analyst Says Q4 Or Bust
In his August 5 “Macro Monday” livestream, crypto analyst Josh Olszewicz delivered a review of the market’s late-summer state, arguing that while Bitcoin’s price action has gone quiet, the broader cycle remains intact. “We’re in this pocket of seasonal weakness for August and September that we typically see most years,” he explained, pointing to seasonality…