The second-largest cryptocurrency gained almost 9% in September, a notable achievement given that the month has historically been one of its weakest periods. Now, many analysts and market observers think that Ethereum is on the verge of a major breakout, while recent whale activity and strong institutional demand support the bullish view. Lots of Optimism […]
Cardano’s native cryptocurrency posted an impressive 23% price increase over the past month and is currently trading just under $0.25. Many analysts expect October to bring further gains, but Ali Martinez outlined several important factors that could trigger a short-term pullback. Time to Cool Off? The popular X user started his analysis by noting that […]
EU regulators are reportedly questioning Binance over its use of a legal exemption to keep serving some European customers after the exchange failed to win a MiCA license. Enforcement action is possible if they reject its interpretation of the rule. Regulators Weigh the Reverse Solicitation Exemption The Financial Times, citing people familiar with the matter, […]
Data from CryptoQuant shows that daily XRP outflows from exchange transactions of 1 million tokens or more have spiked above 320 million. What makes this information particularly noteworthy, as mentioned by analyst Xaif Crypto, is that the last jump of that size, which came in August, saw the price of XRP climb more than 42%. […]
Crypto may have benefited from the failure of the US CLARITY Act, according to Bitwise Chief Investment Officer Matt Hougan. The CLARITY Act failed to get the 60 votes needed to move forward in the US Senate after years of negotiations. But instead of hurting the crypto market, its failure was followed by a strong […]
The Core Team behind the project announced a partnership on X with Open Standard just as the latter’s Open USD (OUSD) stablecoin went live with heavyweight backing from the likes of Visa, Coinbase, Mastercard, and Stripe. The most interesting part for Pioneers is that the collaboration could eventually bring OUSD-based rewards and additional utility in […]
SOL had quite a successful September, posting a price increase of almost 20% and currently trading at $120 (per CoinGecko). Analysts now eye further gains toward $150 and beyond. However, certain technical indicators suggest that a short-term pullback may also be on the horizon. What’s Next? Ali Martinez paid special attention to the strong institutional […]
Robinhood plans to launch perpetual futures for eligible US customers in the coming months. CEO Vlad Tenev said the company is bringing America “its first true perps” in a post on X, adding that profit and loss will settle every 15 minutes. Eight Crypto Assets, Up to 10x Leverage The company announced the product on […]
Ripple’s native token just ended September well in the green, extending its streak that began with a minor increase in July. All eyes are now on October on several fronts. The question is: can XRP continue its run, or will the last two October editions take their toll? XRP Went Hard in September Recall that […]
Bitcoin (BTC) remains in a bull market after closing above its 365-day moving average last week, but recent on-chain data suggests momentum is slowing. CryptoQuant said in a recent research note that several indicators now point to higher selling pressure and weaker demand. Despite these concerns, CryptoQuant’s Bitcoin Bull Score Index remains at 90, showing […]