The industry’s biggest legislation has faced yet another setback. The US Senate will not take up the crypto market structure bill before lawmakers leave Washington for the month-long recess, pushing the vote to September instead. Senate Majority Leader John Thune, speaking through a spokesperson, confirmed there will be no vote on the CLARITY Act in […]
Bitcoin (BTC) active addresses reached roughly 0.98 million a day on July 31, the highest daily count since December 2024, after attackers began sweeping wallets whose seeds were generated on defective Coldcard firmware. Glassnode published the figure on August 6 and called the surge “fear-driven on-chain activity.” The analytics firm stated that “holders migrating seeds […]
Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly 94% from its previous all-time high. The market watcher believes LDO is sitting in a high-risk accumulation zone but warned that the token’s bearish structure remains intact until it reclaims major resistance levels. LDO Tests […]
PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges since November 14, 2024. Fewer tokens on exchanges mean less immediate selling pressure. Exchange Exodus According to the latest findings by Santiment, PEPE has traded mostly sideways over the past two […]
The world’s largest cryptocurrency exchange will conduct a major scheduled upgrade on Saturday that will pause certain trading activities. The second major statement from the firm outlined the delisting of numerous trading pairs, one even against BTC. An Upgrade and Delistings Binance revealed that it will temporarily halt US stock trading on the platform on […]
Chart analyst ChartNerd flagged an 8.5-year cup-and-handle pattern on XRP this week, arguing that the token is nearing the 0.618 Fibonacci retracement level that could set up a long-term move toward $8, $13, and $27. The outlook arrives while XRP itself sits near $1.06, deep in a correction that has wiped out most of its […]
Chainlink recorded 1.26 million tokens in net exchange outflows over 24 hours. This was the largest daily outflow since June 29. Santiment said the drop in exchange supply means fewer LINK tokens are available for quick sell orders, which could potentially lower future sell-off risk. Bullish Signals The timing of the move is interesting, according […]
Bitwise Chief Investment Officer Matt Hougan said the CLARITY Act could fail to pass this week, but that would not mean the end of the legislation or the crypto industry’s progress. The US Senate is scheduled to leave for its August recess on Friday, August 7, and return on September 14. Under Senate rules, lawmakers […]
Solana’s native token has been bleeding heavily over the past few months, mirroring the broader cryptocurrency market’s weakness. Some analysts believe a resurgence remains a plausible option as long as the price stays above certain critical levels. Are Bulls Ready to Return? SOL currently trades at approximately $73.70 (per CoinGecko) after slipping by 8% over […]
Ethereum is attempting to stabilize after recovering from its June lows, but the broader trend has yet to shift decisively in favor of the bulls. While the daily chart still reflects a bearish market structure beneath key moving averages, the 4-hour timeframe shows improving short-term momentum as price presses against key resistance levels. Meanwhile, on-chain […]