BitMine reveals ETH holdings above $2 billion just 16 days after a $250 million raise, reinforcing its goal of acquiring 5% of ether's supply.
The cryptocurrency is currently testing a critical support zone around $744-$753, with traders watching to see if it holds or breaks.
Despite the selloff, indicators suggest growing investor interest, including a 3.2% increase in whale wallet holdings and a 2.5% decrease in PEPE on exchanges.
ICP declines as broad altcoin-market retreat overwhelms Bitcoin DeFi infrastructure news.
BONK posted steep intraday losses with 2.8 trillion-token turnover as resistance intensified at higher price levels.
The price increase helped BNB become the fifth-largest cryptocurrency by market capitalization, and while technical resistance near $808 may limit further gains.
Despite falling below the 200-day SMA, SHIB remained above the Ichimoku cloud, indicating a potentially bullish long-term trend.
XRP breaks the July uptrend line as BTC's MACD hints at a bearish shift in momentum.
Matthew Hougan says ETH treasury firms and spot ether ETFs are driving a $10 billion ETH supply squeeze, pushing ether toward structurally higher prices.
Upexi’s SOL stash now exceeds $330 million after a $200 million capital raise, as one analyst calls for a breakout to $500 this cycle.
Solana started a fresh increase above the $185 zone. SOL price is now correcting gains and might find bids near the $195 support zone SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar. The price is now trading above $195 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $199 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $205 resistance zone. Solana Price Gains Momentum Solana price started a decent increase after it cleared the $180 resistance, like Bitcoin and Ethereum. SOL climbed above the $185 level to enter a short-term positive zone. The price even smashed the $200 resistance. A high was formed at $207 and the price is now correcting gains. There was a move below the $205 level and toward the 23.6% Fib retracement level of the upward move from the $178 swing low to the $207 high. Solana is now trading above $195 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $199 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $205 level. The next major resistance is near the $208 level. The main resistance could be $215. A successful close above the $215 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $245 level. Are Downsides Limited In SOL? If SOL fails to rise above the $208 resistance, it could start another decline. Initial support on the downside is near the $199 zone and the trend line. The first major support is near the $195 level. A break below the $195 level might send the price toward the $192 support zone or the 50% Fib retracement level of the upward move from the $178 swing low to the $207 high. If there is a close below the $192 support, the price could decline toward the $185 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $199 and $192. Major Resistance Levels – $208 and $215.
TON jumped 3% to $3.41 as Telegram began rolling out its integrated self-custodial wallet to 87 million U.S. users, enabling seamless crypto payments inside the app.
Despite the drop, PEPE is outperforming the wider memecoin space and is up nearly 55% over the past month.
The decline has Solana's sol (SOL) to overtake BNB's market capitalization, with SOL rising 3.5% to a market cap of $109.3 billion.
ETH’s climb toward $4,000 is backed by whales and sentiment, but some analysts warn the rally looks overheated and ripe for a correction.
Internet Computer loses ground as high-volume liquidation hits $5.83 support.
The Solana-based memecoin weathered an 8% intraday swing amid a Galaxy Digital transfer and Binance reclassification.
ETH prints a Doji on the daily chart as XRP teases a double top on intraday charts.
ICP joins wider crypto breakout, rising 7% before stabilizing above key support near $5.52
Binance maintained its top spot among crypto exchanges, handling over 35% of global trading volume in the second quarter.
BONK surges 18.2% as bullish sentiment sweeps across crypto markets, led by altcoin breakouts
Trading volumes for the frog-themed token surged to 4.6 trillion, while exchange balances have decreased 2.6% over the past 30 days.
DFINITY has officially launched Caffeine, an AI-powered Web3 platform built on ICP, at the "Hello, Self-Writing Internet" event in San Francisco
BNB is celebrating its eighth anniversary and has recently undergone a $1 billion token burn.
Eric Jackson, the founder and president of EMJ Capital, a Toronto-based hedge fund, explains why his firm believes that ether (ETH) is going to $10,000 in this bull cycle.
BONK rallies as institutional appetite rises and a trillion-token burn plan fuels scarcity-driven momentum
Despite the sell-off, whale accumulation appears to be robust, with PEPE whales on Ethereum adding 1.4% to their holdings over the past seven days.
Resistance has now formed at the $2.66 level with support established around $2.50.
Solana started a fresh increase above the $160 zone. SOL price is now correcting gains and might find bids near the $155 support zone SOL price started a fresh upward move above the $155 and $160 levels against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $162 resistance zone. Solana Price Corrects Gains Solana price started a decent increase after it cleared the $160 resistance, like Bitcoin and Ethereum. SOL climbed above the $162 level to enter a short-term positive zone. However, the price is facing a major hurdle at $168 and $169. A high is formed at $168.60 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $158 swing low to the $168 high. Besides, there was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL/USD pair. Solana is now trading below $162 and the 100-hourly simple moving average. It is also trading below the 76.4% Fib retracement level of the upward move from the $158 swing low to the $168 high. The price is now approaching the $158 support. On the upside, the price is facing resistance near the $160 level. The next major resistance is near the $162 level. The main resistance could be $1685. A successful close above the $168 resistance zone could set the pace for another steady increase. The next key resistance is $178. Any more gains might send the price toward the $185 level. More Losses in SOL? If SOL fails to rise above the $162 resistance, it could start another decline. Initial support on the downside is near the $158 zone. The first major support is near the $155 level. A break below the $155 level might send the price toward the $150 zone. If there is a close below the $150 support, the price could decline toward the $145 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $158 and $155. Major Resistance Levels – $162 and $168.
Strong institutional volume pushes ICP higher, clearing key resistance and positioning the token for a potential breakout toward $5.70