Data from CoinGlass shows bitcoin is down more than 22% so far in the fourth quarter, making 2025 one of the weakest year-end periods outside of major bear markets.
In the wake of a significant shift in crypto regulation spurred by the new White House administration under President Donald Trump, lawmakers are working on a fresh tax framework aimed at providing clarity and a safe harbor for certain transactions involving stablecoins. Proposed Crypto Tax Framework Representatives Max Miller from Ohio and Steven Horsford from Nevada have drafted a preliminary proposal that seeks to align the tax treatment of cryptocurrencies with that of traditional securities. According to a recent report by Bloomberg, the draft consists of a blend of policy objectives and bill language not yet formally approved. Related Reading: Pundit Shares Why XRP Will Become Expensive And A $1,000 Price Tag Is Possible One of the key features of this draft legislation is its aim to exempt capital gains tax for transactions involving regulated stablecoins. Specifically, the proposal proposes to shield transactions that consistently maintain a value between $0.99 and $1.01 from taxation. However, this exemption is limited to transactions under $200, and the final text may modify which tokens will qualify for this safe harbor, as advised by aides to both congressmen. The proposal also attempts to establish safe harbors for rewards earned through activities like staking, which involves verifying blockchain transactions. Representative Miller emphasized that “America’s tax code has failed to keep pace with modern financial technology.” He described the bipartisan bill as a means to inject clarity, fairness, and common sense into the taxation of digital assets. The proposed draft also addresses the taxation of rewards earned through staking and mining cryptocurrencies, which involves verifying transactions within blockchain networks. Aligning Digital Assets With Securities Tax Regime Under guidance from the Internal Revenue Service (IRS) issued during the Biden administration, rewards obtained from staking are taxed at the time of receipt. Republican lawmakers have voiced concerns regarding this approach, arguing that it taxes assets before owners realize a gain. Conversely, Democrats maintain that these rewards should be classified as compensation and taxed upon receipt. To navigate this divide, Miller and Horsford aim to find a compromise, allowing taxpayers to defer tax on rewards for up to five years. After this period, the rewards would be taxed as income based on their fair market value. Pro-crypto Senator Cynthia Lummis, who recently announced that she will not be running for re-election next year, had previously introduced crypto tax legislation that would leave such rewards untaxed until they are sold. This legislation would align more closely with industry preferences. Related Reading: Saylor Sparks Bitcoin Speculation With ‘Green Dots’ Signal Additionally, the draft aims to bring digital assets under the same tax regime that governs securities and, in some cases, commodities transactions. It proposes to include cryptocurrencies in capital gains tax exemptions for foreign investors trading securities through US-based intermediaries like brokers or exchanges. Furthermore, the plan would permit cryptocurrency traders to utilize mark-to-market accounting, allowing them to recognize unrealized gains and losses based on fair market value at the end of each year. The proposed legislation also seeks to impose restrictions on deducting losses from wash trades for digital assets and “close existing loopholes” that facilitate transactions designed to lock in cryptocurrency gains while postponing the associated tax liability. Featured image from DALL-E, chart from TradingView.com
A declining hash rate may signal a potential Bitcoin price rebound, as historical trends suggest improved performance following such drops.
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Trading volume surged to 721 million tokens, indicating active repositioning rather than thin price movement.
CFTC acting chair Caroline Pham says Monday was her last day at the regulator, with Michael Selig being officially sworn in to chair the agency.
Price action remained contained within a relatively tight range, with total volatility of about 2.7%, reflecting indecision rather than capitulation.
Ghana said it will explore asset-backed digital settlement instruments in 2026, such as gold-backed stablecoins.
XRP price started a decent increase above $1.920. The price is now correcting gains and might struggle to stay in a positive zone. XRP price started a downside correction and tested the $1.880 zone. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. There is a declining channel or a possible bullish flag pattern forming with resistance at $1.9250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it clears $1.950. XRP Price Fails At Resistance XRP price started a downside correction from the $1.950 zone, like Bitcoin and Ethereum. The price dipped below the $1.920 and $1.90 levels to enter a consolidation phase. The price even dipped below the 23.6% Fib retracement level of the upward move from the $1.770 swing low to the $1.9578 high. However, there is a declining channel or a possible bullish flag pattern forming with resistance at $1.9250 on the hourly chart of the XRP/USD pair. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.90 level. The first major resistance is near the $1.920 level, above which the price could rise and test $1.950. A clear move above the $1.950 resistance might send the price toward the $2.00 resistance. Any more gains might send the price toward the $2.050 resistance. The next major hurdle for the bulls might be near $2.120. More Losses? If XRP fails to clear the $1.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.8650 level and the 50% Fib retracement level of the upward move from the $1.770 swing low to the $1.9578 high. The next major support is near the $1.8420 level. If there is a downside break and a close below the $1.8420 level, the price might continue to decline toward $1.8150. The next major support sits near the $1.770 zone, below which the price could continue lower toward $1.720. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.8650 and $1.8420. Major Resistance Levels – $1.920 and $1.950.
Bitcoin’s recent bounce may look like a sign of renewed strength, but the price action tells a more deceptive story. With downside liquidity still thin and support holding firm, the market appears primed for a move that draws in eager bulls rather than rewarding them. This rally could be less about recovery and more about setting the stage for maximum pain when sentiment flips. Aligning The Mid- And Long-Term Bitcoin Outlook During an in-depth technical and psychological analysis, Mr. Wall Street explained that his broader outlook on Bitcoin had already been clarified a week earlier, after some confusion around his mid and long-term stance. With those time horizons now clearly defined, he turned his focus to the short-term picture, outlining current market behavior. Related Reading: Bitcoin In Standby Mode: Weekend Ranges Rule Before Holiday ‘Chop’ He reiterated that while his mid-term bias on Bitcoin remains bearish, the short-term structure has turned bullish. The reason centered on insufficient downside liquidity to justify market makers initiating the next major leg lower. This imbalance supported the case for a temporary relief move to the upside. Thus, Mr. Wall Street placed long positions around the Value Area Low between $80,000 and $84,000 on a bounce that could later evolve into a bull trap. Shortly after, Bitcoin dipped and successfully retested the $84,000 level, which aligns with the weekly MA100, following several deceptive upside moves. As a result, his long orders were filled as planned, leaving him holding a position from $84,550. The analyst noted that he plans to exit only in the $98,000–$104,000 zone, where a Fair Value Gap converges with heavy liquidity, making it an ideal area to take profit. Being In Longs Doesn’t Change The Macro Bearish Thesis Mr. Wall Street clarified that holding long positions does not signal a bullish shift on Bitcoin. The broader outlook remains bearish, with expectations for the next major downside move toward the $64,000–$70,000 region. In the short term, Bitcoin is sitting at strong support while downside liquidity is limited, which reduces the probability of an immediate continuation lower. Related Reading: Citi Analysts Project Bitcoin Price Could Reach $189,000 Next Year In Bullish Scenario A more logical scenario involves market makers engineering a bullish move to attract retail participation. As late buyers enter long positions, they gradually become exit liquidity, setting the stage for a larger downside move once sufficient liquidity is built. He also mentioned the $68,000–$74,000 zone had become too widely anticipated to function as a true “maximum pain” area capable of resetting market structure. For that reason, the downside target was revised lower to the $64,000–$70,000 range, with expectations that this zone could be reached in late Q1 or early Q2 of 2026. This level represents an initial major target rather than the final bottom. Recent price action was highlighted as a clear example of these dynamics. Bitcoin’s rapid move from $87,000 to $90,000, followed by a sharp drop to $85,000 within hours, resulted in widespread liquidations. Many traders chased the upside and were quickly trapped, and fake moves in both directions are likely to continue as liquidity is built ahead of a larger move lower. Featured image from Pixabay, chart from Tradingview.com
Bitcoin perpetual open interest climbed to 310,000 BTC while funding rates doubled, signaling bullish positioning for the year-end.
Ethereum price started a recovery wave above $2,980. ETH is now consolidating and faces a key barrier near the $3,080 level. Ethereum started a decent upward move above the $3,000 zone. The price is trading above $2,980 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $2,975 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,080 zone. Ethereum Price Faces Important Resistance Ethereum price started a decent increase above $2,880, like Bitcoin. ETH price was able to surpass the $2,920 and $2,950 resistance levels to enter a positive zone. The bulls pushed the price above the 61.8% Fib retracement level of the downward move from the $3,175 swing high to the $2,775 low. The price even spiked above the $3,050 resistance zone. However, the bears remained active near $3,080. Ethereum price is now trading above $2,980 and the 100-hourly Simple Moving Average. There is also a rising channel forming with support at $2,975 on the hourly chart of ETH/USD. If there is another upward move, the price could face resistance near the $3,050 level. The first key resistance is near the $3,080 level and the 76.4% Fib retracement level of the downward move from the $3,175 swing high to the $2,775 low. The next major resistance is near the $3,150 level. A clear move above the $3,150 resistance might send the price toward the $3,220 resistance. An upside break above the $3,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,250 resistance zone or even $3,265 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,080 resistance, it could start a fresh decline. Initial support on the downside is near the $2,980 level and the trend line. The first major support sits near the $2,915 zone. A clear move below the $2,915 support might push the price toward the $2,840 support. Any more losses might send the price toward the $2,800 region. The next key support sits at $2,775. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,915 Major Resistance Level – $3,080
BlackRock’s IBIT Bitcoin ETF has featured on the $13.5 trillion asset manager's homepage, representing one of three major investment themes as the market heads into 2026.
XRP enters the final days of 2025 trading in a narrow and tense range, with market participants split between expectations of a rebound and concerns over a deeper breakdown. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn After a volatile year that included sharp rallies, extended pullbacks, and growing institutional participation, the token is now hovering near levels that have repeatedly defined sentiment. Price action around the $1.8–$2.0 zone has become the focal point, as traders assess the long-term prospects. XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview XRP’s Technical Structure Tests Trader Conviction From a technical perspective, XRP remains under pressure despite holding above its key support level. The $1.87 level has been tested multiple times in recent weeks, with each bounce showing reduced momentum. Analysts note that repeated defenses of the same zone often weaken its reliability. A confirmed daily close below $1.6 is widely viewed as a critical downside trigger. Below that area, the chart structure offers limited historical support, opening the door to faster declines toward $1.2 or even the psychological $1.0 level. Similarly, Momentum indicators are mixed rather than decisively bearish. Short-term optimism has been fueled by a TD Sequential buy signal within the current $1.9 area, a pattern that has historically preceded relief rallies. However, XRP continues to trade below major moving averages, keeping the broader trend tilted to the downside unless resistance near $2.5 is reclaimed. Fundamentals and Institutional Signals Offer Contrast While price action remains fragile, developments around Ripple continue to shape longer-term narratives. Institutional exposure through U.S. spot XRP exchange-traded products has grown steadily, with assets under management exceeding $1 billion. Ripple’s regulatory positioning has also evolved. CEO Brad Garlinghouse has publicly dismissed claims of price manipulation, pointing to XRP’s deep liquidity and broad market participation. The company’s move to seek approval for a federally regulated national trust bank further signals a strategy focused on operating within established financial frameworks, rather than operating outside of them. Cross-Chain Speculation and Market Sentiment Speculation has added another layer of intrigue. Comments from Charles Hoskinson have reignited discussions about potential collaboration between XRP-related ecosystems and Cardano, particularly in the areas of decentralized finance and privacy-focused infrastructure. While no formal partnership has been confirmed, the dialogue reflects growing interest in interoperability beyond the XRP Ledger itself, highlighting broader discussions around XRP’s potential role within global financial infrastructure. Related Reading: Pundit Shares Why XRP Will Become Expensive And A $1,000 Price Tag Is Possible XRP remains caught between improving fundamentals and unresolved technical pressure. Traders are watching closely to see whether the current consolidation resolves into a breakout above $2 or a breakdown below long-defended support. Cover image from ChatGPT, XRPUSD chart from Tradingview
Matador's capital raise approval could enhance its Bitcoin strategy, potentially influencing market dynamics and investor confidence in crypto assets.
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Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase. Bitcoin started a recovery wave above the $87,500 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $87,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $89,100 zone. Bitcoin Price Eyes More Gains Bitcoin price attempted a fresh recovery wave above $87,500 and $88,000. BTC even cleared the $88,800 resistance and tested the $90,500 hurdle. A high was formed at $90,552 and the price is now consolidating gains. There was a minor decline below $89,000 and $88,500. The price dipped below the 23.6% Fib retracement level of the upward move from the $84,420 swing low to the $90,552 high. Bitcoin is now trading above $87,800 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $87,900 on the hourly chart of the BTC/USD pair. If the price remains stable above the trend line, it could attempt more gains. Immediate resistance is near the $89,100 level. The first key resistance is near the $89,500 level. The next resistance could be $90,500. A close above the $90,500 resistance might send the price further higher. In the stated case, the price could rise and test the $92,000 resistance. Any more gains might send the price toward the $92,500 level. The next barrier for the bulls could be $93,200 and $93,500. Another Decline In BTC? If Bitcoin fails to rise above the $89,500 resistance zone, it could start another decline. Immediate support is near the $88,000 level and the trend line. The first major support is near the $87,500 level. The next support is now near the $86,750 zone and the 61.8% Fib retracement level of the upward move from the $84,420 swing low to the $90,552 high. Any more losses might send the price toward the $85,450 support in the near term. The main support sits at $84,500, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $88,000, followed by $87,500. Major Resistance Levels – $89,500 and $90,500.
Bitmine's Ether haul now exceeds 4 million tokens worth over $12 billion after the company purchased nearly 100 million Ether in the past week.
Ethereum’s transparency has long been one of its greatest strengths—but for many real-world applications, it has also become a structural limitation. From MEV-driven trading inefficiencies to data leakage in DeFi, gaming, and AI-driven workflows, the assumption that everything must be public in order to be verifiable is increasingly being challenged. TEN Protocol is built around […]
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The founder and CEO of on-chain analytics firm CryptoQuant has revealed how Bitcoin on-chain capital inflows have stalled over the last couple of months. Bitcoin Realized Cap Has Witnessed A Slowdown Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about how on-chain capital inflows have been weakening for Bitcoin recently. “After about 2.5 years of growth, realized cap has stalled over the past month,” noted Young Ju. The “Realized Cap” here refers to an on-chain capitalization model for Bitcoin that calculates its total value by assuming the value of each coin in circulation is equal to the price at which it was last transacted on the blockchain. Related Reading: Bitcoin & Ethereum Diverge: Longs Dominate BTC, While ETH Shorts Rise Since the last transaction of any coin is likely to represent the last instance of it changing hands, the price at that time can be considered as its current cost basis. Therefore, the Realized Cap is just a sum of the cost basis of the entire BTC supply. In other words, it tracks the capital that the investors used to purchase their tokens. Realized Cap had been enjoying growth for the last couple of years, but as the CryptoQuant founder has revealed, capital inflows have dropped off. This suggests a decline in sentiment around Bitcoin. The turnaround in sentiment is also visible through the analytics firm’s PnL Index, which incorporates key on-chain indicators to build a single valuation metric for BTC. The indicators in question are the MVRV Ratio, NUPL, and STH/LTH SOPR. The first two both deal with the amount of unrealized profit or loss held by the investors as a whole, while the latter provides a look into investor profit-taking. Below is the chart shared by Young Ju that shows the trend in the 365-day moving average (MA) of the Bitcoin PnL Index over the history of the asset. From the graph, it’s visible that the Bitcoin PnL Index saw its 365-day MA reach a high earlier in the year, implying that the coin had potentially become overvalued. Since then, the metric has seen a reversal to the downside. Currently, its value is still notably positive, so the cryptocurrency may be considered to be in a bullish phase, but historically, drawdowns have tended to lead into bear markets. Though there were a couple of instances where this pattern didn’t hold. One being the aftermath of the COVID crash and the other the decline that occurred in the early months of 2025. Related Reading: Ethereum Exchange Outflows Soar To $978M: Sign Of Dip Buying? So far, the indicator hasn’t shown signs of any turnaround back to the upside, although it should be noted that it’s an average over the past year, so there is some delay attached. Based on the on-chain trend, Young Ju has said, “Sentiment recovery might take a few months.” BTC Price Bitcoin has made recovery from last week’s plunge as its price is now back at $89,800. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
The collaboration may accelerate AI-driven military advancements, raising ethical concerns and reshaping global defense strategies.
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As the broader crypto markets remain fixated on volatility and short-term narratives, XRP is quietly transitioning into the accumulation phase. Institutional players are increasingly positioning in silence, favoring strategic accumulation over public signaling. This phase is rarely loud or obvious, and it’s defined by patience, regulatory awareness, and long-term infrastructure planning rather than short-term speculation. While the broader crypto market debates short-term price swings, a quieter story is unfolding behind the scenes. According to skipper_xrp’s post on X, institutions and banks are methodically positioning themselves, and the word on the street is that they’re betting big on XRP. Why Institutions Accumulate XRP In Silence Many analysts believe that the asset is entering a phase where price discovery could accelerate beyond the $100 mark, and this sudden price increase will come as a shock to investors. At the same time, the XRP Ledger is expanding beyond its traditional role in cross-border payment into decentralized media in the US. Related Reading: ‘Think Again’ Before Selling Your XRP; Expert Tells Investors Adding to the momentum, BXE is set to list on a major US exchange on January 21st, following its partnership with a leading node provider. The increased network activity means higher usage of the XRP Ledger with more XRP being burned. Despite BXE trading at $0.06 and a fixed supply of 500 million, many investors view it as undervalued. An investor and crypto trader known as Xaif Crypto has mentioned that from 2019 to 2021, MoneyGram actively integrated Ripple’s On-Demand Liquidity (ODL) service, by leveraging XRP as the bridge asset for real-time foreign exchange settlement. However, when the US SEC filed its lawsuit against Ripple in late 2020, regulatory uncertainty forced MoneyGram to suspend the partnership despite XRP proving its effectiveness as a liquidity bridge. Currently, with Ripple largely moved past its regulatory overhang and gaining clearer legal standing, the industry is revisiting questions that were left unresolved: Will banks and payment institutions return to an XRP-based liquidity solution? Nonetheless, if institutions prioritize speed, capital efficiency, and regulatory clarity, history suggests that XRP already demonstrated all of the benefits and can work at scale before it was paused. The only variable missing at the time was regulatory certainty. How Institutional-Grade Yield Comes To XRP Holders Crypto trader Xaif Crypto has also revealed upcoming features for the XRP Ledger. According to Xaif, the XRPL lending protocol, a protocol-native framework that underwrites credit built directly into the Ledger, enabling fixed-term and fixed-rate loans, is on the horizon. Related Reading: XRP Advances As A Recognized Digital Asset In Regulated Markets — Here’s How Each loan operates within a Single Asset Vault (SAV), which offers risk isolation per facility and supporting assets such as XRP and RLUSD. This design unlocks compliant, on-ledger lending for institutions and introduces a clear, structured pathway to institutional-grade yield for XRP holders. Featured image from Getty Images, chart from Tradingview.com
The approval enhances Abu Dhabi's status as a blockchain hub, promoting innovation and regulatory compliance in digital finance.
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Bitcoin has often surged after sustained hashrate drops, a trend that would provide much-needed relief to many struggling Bitcoin miners at current prices.
Selig's leadership may accelerate regulatory clarity and innovation in digital asset markets, potentially positioning the US as a global crypto hub.
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Sun has been blacklisted despite using his resources to accumulate $175 million worth of Trump-backed token projects.
Bitcoin is once again attempting to reclaim the $90,000 level, but price action remains capped below this key psychological threshold. Despite several short-lived relief rallies, momentum has failed to follow through, reinforcing growing concerns that the broader market structure is weakening. As volatility persists and upside attempts stall, an increasing number of analysts are beginning to openly discuss the possibility that Bitcoin may be transitioning into a bear market phase. Sentiment across derivatives and spot markets has turned noticeably more cautious, with risk appetite continuing to fade. Related Reading: Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway In this context, a recent report by Darkfost draws attention to a familiar but controversial narrative: capital rotation from gold into Bitcoin. With gold setting a new all-time high above $4,420 per ounce, the idea that investors may soon shift capital toward Bitcoin is resurfacing across the market. Historically, this narrative has gained traction during periods when traditional safe-haven assets outperform, fueling speculation that Bitcoin could follow as an alternative store of value. However, Darkfost cautions that this assumption is far from well-grounded. While the rotation thesis has been widely repeated throughout this cycle, empirical evidence linking gold outperformance directly to sustained Bitcoin inflows remains weak. Rather than signaling an imminent bullish turn, the current setup suggests that Bitcoin remains vulnerable, caught between macro-driven narratives and deteriorating internal market structure. Testing the Gold-to-Bitcoin Rotation Thesis Darkfost emphasizes that the popular narrative of capital rotating from gold into Bitcoin lacks direct, verifiable evidence. To address this, he constructed a comparative framework to identify periods where such rotations may have occurred. He did this without assuming a causal relationship. The core issue, as he notes, is that on-chain and market data cannot conclusively prove that capital exiting gold is the same capital entering Bitcoin. To approximate potential rotation phases, Darkfost applied a simple but disciplined signal structure. A positive signal appears when Bitcoin is trading above its 180-day moving average while gold is trading below its own 180-day moving average. In theory, this configuration suggests relative strength shifting toward Bitcoin. Conversely, a negative signal is triggered when both Bitcoin and gold trade below their respective 180-day moving averages. Indicating a broad risk-off environment rather than a rotation. This methodology allows historical comparison across cycles, highlighting moments where relative performance diverged. However, the results challenge the simplicity of the narrative. As shown on the chart, these signals do not produce consistent or reliable outcomes. In several instances, supposed rotation periods failed to generate sustained upside for Bitcoin. At other times, Bitcoin rallied independently of gold’s trend. The takeaway is clear: capital rotation between gold and Bitcoin is not an absolute or mechanical process. Market behavior appears far more nuanced. Driven by broader macro conditions, liquidity dynamics, and investor positioning rather than a straightforward asset-to-asset rotation. Related Reading: Ethereum Traders Chase Upside With Historic Leverage – Breakout Fuel Or Fragile Setup? Price Struggles Below Key Moving Averages Bitcoin is attempting to stabilize after a sharp corrective phase, but the chart highlights that price action remains structurally fragile. BTC is currently trading just below the $90,000 level, an area that has flipped from support into near-term resistance following the recent breakdown. While the latest bounce shows short-term buying interest, it has not yet altered the broader bearish structure that formed after the October highs. From a trend perspective, Bitcoin is now trading below the 50-3D moving average (blue), which has started to slope downward, signaling weakening momentum. The failure to reclaim this level suggests that recent upside moves are corrective rather than impulsive. Related Reading: Legendary Bitcoin OG Deepens Ethereum Bet Despite Losses Exceeding $70 Million Below the current price, the 100-3D moving average (green) sits near the $85,000–$86,000 zone and has acted as interim support during the rebound. A sustained loss of this area would likely expose BTC to a deeper retracement toward the 200-3D moving average (red), currently rising near the low $80,000 region. The sell-off was accompanied by elevated volume. While the rebound has occurred on comparatively lighter participation, pointing to a lack of conviction from buyers. Structurally, Bitcoin is consolidating in a lower range. With lower highs and compressed volatility suggesting a pause rather than a trend reversal. For bulls, reclaiming and holding above $90,000 and the declining 50-3D moving average is critical to invalidate the bearish bias. Until then, price action favors range-bound trading with downside risk still present. Featured image from ChatGPT, chart from TradingView.com
Federal Reserve policy and crypto-friendly regulation could be setting the market up for a bullish 2026, but there are still a handful of hurdles investors should be aware of.
Dogecoin (DOGE) is trading above a price level that could determine whether its recent decline turns into a base or extends into deeper weakness. A crypto analyst has identified a critical support level at $0.128, which could change Dogecoin’s bullish outlook if it continues to hold above it. According to the analysis, holding above this key level could create the ideal conditions for investors seeking long positions. Analyst Identifies $0.128 As Critical Support For Dogecoin The Dogecoin price is above a make-or-break zone that could define its next significant price move and signal how investors position themselves in the long term. Market expert Crypto Tony has shared an updated outlook on Dogecoin, focusing on the importance of reclaiming the key support zone around $0.128 before considering long positions. Related Reading: Dogecoin Open Interest Crashes To April Levels, Here’s What Happened Last Time Notably, Crypto Tony has stated that a long setup could become more favorable and appealing if DOGE’s price can hold steadily above the $0.128 level. The support zone also emerges as Dogecoin’s price action shows early signs of stabilization after a sustained downside pressure. For the past few months, the meme coin has been in a decline, mirroring the broader market downturn and sustained risk-off sentiment. The analyst’s chart shows Dogecoin recently selling off sharply before finding temporary stability slightly above $0.128 a few days ago. The meme coin’s price is also trading below the highlighted horizontal line on the chart, which aligns closely with the support area. Visual projections on the chart further suggest a period of sideways movement between $0.128 and $0.130, followed by a potential breakout to the upside. Crypto Tony pinpoints a bullish target near $0.135, representing a more than 2.2% surge from Dogecoin’s price of $.0132, as of writing. Dogecoin Weekly Chart Signals Extended Correction Before Price Explosion Pseudonymous crypto analyst Cantonese Cat has also delivered a weekly analysis of Dogecoin, highlighting a prolonged corrective phase in its market structure. According to him, DOGE has already endured roughly 13 months of bearish price action, which aligns with a potential Wave 2 correction. The analyst stated that this downturn stage would precede an explosive Wave 3, which could see the meme coin’s price jump to new highs. Related Reading: Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here Cantonese Cat revealed in his analysis that his Dogecoin bullish setup may feel unlikely to many traders at the moment. This is especially true given that Dogecoin has been trending downwards for most of the year, failing to break out of its bearish position. Despite this, the analyst notes that the skepticism is precisely why the scenario remains plausible. The analyst’s chart shows that Dogecoin’s first wave has already completed, followed by a declining Wave 2. Price action is also interacting with multiple Fibonacci retracement levels while respecting a long-term downward trendline. Featured image from Getty Images, chart from Tradingview.com
Luckey-backed Erebor raised $350 million at a $4.35 billion valuation as OCC and FDIC approvals signal momentum for crypto- and AI-focused banking.
The Council of the European Union endorsed the launch of the European Central Bank’s digital euro in both an online and a privacy-focused offline version.
Solana Mobile has ended software update and security patch support for its Saga smartphone. The company warned that compatibility with new software or services “cannot be guaranteed,” and that Saga-specific customer support is now limited to general inquiries, according to Solana Mobile’s help-center notice. Solana Mobile said the change “does not affect Seeker devices,” which […]
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