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 […]
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 […]
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 […]
Bitcoin’s price recovery from the dip to $62,200 continues, as the asset has added two grand and now sits confidently above $64,000. It appears that the market is pricing in the latest positive development on the Middle East uncertainty. A report from Axios from earlier this morning indicated that the US, Iran, and Oman are […]
Cardano’s ecosystem recorded several important developments between July 30 and August 5th. These range from a new cross-chain connection to changes in the way governance representation works. Meanwhile, ADA briefly approached $0.20 after gaining over 20% over the past week. Here are some of the most important Cardano news and an update on ADA’s price […]
Crypto trading activity has fallen to its lowest level of 2026. This is according to data from Kaiko, which shows daily spot volumes across tracked exchanges dropping to around $15 billion last week. Centralized Exchange Volumes Fall as Trading Activity Cools According to the Kaiko numbers shared by The Kobeissi Letter, daily trading volumes across […]
US Senators Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate President Donald Trump’s meme coin, arguing it may have facilitated fraud or unlawful enrichment at the expense of retail investors. The lawmakers cited reports showing that nearly a million investors collectively lost over $3.8 […]
Net loss came to $57.2 million, narrowed from $81.8 million in the first quarter. A $71.2 million non-cash loss on digital assets ran through operating expenses, and the operating loss was $74.1 million while Bitcoin fell about 12% over the quarter. CryptoPotato reported on the $81.8 million first-quarter loss that landed alongside a then-record 817 […]
Crypto analyst ChartNerd said on August 3 that XRP’s prolonged weakness could be setting the stage for a major market repricing. With the token testing long-term support near $1.06 after months of negative sentiment, the market watcher argued that the current decline is part of a wider crypto correction rather than a sign of weakness […]
Cardano reached $0.195 for the first time since July 4. ADA’s price was up by almost 26% over the past week, making it one of the stronger performers in a choppy altcoin market. This rally comes amid declining wallet numbers and growing ecosystem activity, which has raised fresh questions about who is driving demand. Fresh […]