A Hong Kong SFC official warned that the new local stablecoin framework has fueled fraud risks, and urged investors to remain cautious amid hype-driven speculation.
Bitcoin no longer has promising odds of a breakout in the coming days as opinions differ on what caused the BTC price dip — and what will happen next.
Approximately, $3.5B of profit realized over the weekend, latest correction trims 7% from ATH.
The NFT market cap dropped 12% to $8.1 billion as Ether fell, with CryptoPunks and Bored Apes sliding while Pudgy Penguins climbed into second place.
South Korea is tightening its grip on crypto, going after both tax evasion and digital asset crimes. From seizing hidden wealth to expanding fraud investigations, the government is making it clear that crypto is not a place for rulebreakers. Here’s the action taken. Jeju City Moves to Seize Crypto According to a report from Newsis, …
Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs.
Ethereum (ETH), the second-largest cryptocurrency, has seen a sharp pullback, dropping nearly 5% to around $4,270. The dip came as traders reacted to global economic news, shifting Federal Reserve expectations, and a wave of liquidations that shook the market. With ETH now hovering around $4200, a drop could lead to $1 billion in liquidation and …
The crypto market ails under pressure, with total capitalization dropping by 1.76% to $3.97 trillion, and daily trading volume dropping 30.1% to $177.4 billion. The fall has come amid macro jitters ahead of Powell’s Jackson Hole speech on August 22. Talking about numbers, a break below the $3.96T Fib support highlights a broader technical breakdown. …
Tokyo-listed firm now holds 18,888 BTC worth $1.95B, with NAV multiple at record low despite strong balance sheet.
Approval of JPYC's yen-pegged token could happen as early as the next few months.
CMB International Securities, a subsidiary of China Merchants Bank, ranked as the world’s eighth-largest bank, has officially launched virtual asset trading in Hong Kong. Investors can now buy and sell Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) round-the-clock. This move marks a major step toward mainstream acceptance of cryptocurrencies and offers Hong Kong residents a …
India is taking a closer look at its crypto tax and regulatory system. The Central Board of Direct Taxes (CBDT) has raised questions about the current framework for Virtual Digital Assets (VDAs). It is reviewing the effect of the 1% tax deducted at source (TDS) and the lack of clear rules for the sector. Reformation …
Solana processed more than 100,000 transactions per second during a recent stress test, marking a new milestone in the network’s scaling efforts. The mainnet block briefly peaked at 107,540 TPS through high-load “noop” program calls, according to data shared over the weekend, showing the upper bound of Solana’s current infrastructure. Developers clarified that the test […]
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Bangkok’s push to revive tourism now includes an e-money wallet for foreign visitors, with a crypto conversion feature still under regulatory review.
Solana (SOL) price has slipped into a pivotal support range as the crypto market is down today, raising concerns of further downside if bulls fail to step in. The recent sell-off has put SOL in a make-or-break zone, where a rebound is critical to avoid another 12% dump. Weakening demand signals and cautious market sentiment …
Bitcoin (BTC) and Ethereum (ETH) opened the week with notable losses, as the two leading cryptocurrencies retreated from their recent highs. According to CryptoSlate’s data, Bitcoin fell more than 3% over the past 24 hours, slipping from above $118,000 to around $115,303 at the time of writing. Ethereum followed suit, dropping roughly 4% to $4,270 […]
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Despite market volatility and evolving investment tools, hodling remains the go-to strategy for Bitcoin believers in 2025.
The daily XRP chart has turned into a clean Elliott Wave case study, according to crypto technician “Charting Guy,” who argues the latest rebound was corrective rather than impulsive and likely precedes a deeper C-wave pullback toward August’s lows. In a post on X, he wrote: “August bounce from $2.72 to $3.38 was a 3 wave corrective move up unlike $OTHERS 5 wave impulsive move up, so I believe it was a B wave & we will likely revisit the August lows in the coming days/weeks for our C wave to end the correction that started late July.” XRP Correction Isn’t Over Yet The annotated chart (XRP/USD) plots a developing five-wave sequence with waves 1 and 2 completed in May and June, a vertical wave 3 peak into mid-July, and an unfolding A-B-C that would finalize wave 4. The A leg knifed off the wave-3 high, a B-wave recovery carried to $3.40, and the projected C leg descends into a Fibonacci cluster that coincides with the August trough. At the time of the snapshot, XRP was quoted around $3.02881 on the daily close, sitting between the 0.786 and 0.888 retracement rails. Fibonacci scaffolding dominates the chart and defines the key levels the analyst is trading against. The retracement and extension ladder is printed as follows: 0 at $1.61184, 0.136 at $1.78405, 0.236 at $1.92231, 0.382 at $2.14363, 0.5 at $2.34100, 0.618 at $2.55653, 0.702 at $2.72195, 0.786 at $2.87293, 0.888 at $3.1273, and 1.000 at $3.4000. Related Reading: XRP Takes On Live TV: Analyst Predicts Surge To $13 If This Happens Above the prior high, the upside extensions that map the prospective wave-5 run are marked at 1.272 ($4.16533), 1.414 ($4.63105) and 1.618 ($5.39272). The B-wave stall unfolded beneath the $3.1273–$3.4000 resistance band (0.888–1.000), reinforcing that region as the ceiling the market must clear to confirm a finished correction. Conversely, the proposed C-wave termination zone is anchored by the 0.786–0.702–0.618 stack at $2.87293 / $2.72195 / $2.55653, with the August pivot specifically highlighted at ~$2.72. A downward-sloping magenta trendline from the wave-3 apex bisects the A-B-C, and the projected path drives price into a labeled “4” before turning sharply higher into a new advance. Related Reading: Market Expert Reveals Why XRP Price At $1,000 Is Not A Possibility The terminal “5” marker is placed almost exactly at the 1.414 extension near $4.63105—consistent with the author’s own wording that this represents a conservative target zone—while the 1.618 print at $5.39272 frames an obvious stretch objective if momentum over-delivers. Addressing community questions about his previous higher target of $8, the analyst replied, “is there anywhere in the post that says no more $8 target?” and, when asked about an extended move in November, he answered “maybe. Maybe.” On positioning, he cautioned that “dips are never guaranteed even if they seem likely,” adding: “hodl imo… use trading options or futures or a trading spot bag to make their short term gains.” The immediate read is unambiguous: unless XRP can reclaim and hold above $3.1273 and then $3.4000, Charting Guy’s roadmap favors a retest of the August floor near $2.72195 to complete wave 4. Only after such a flush—or a decisive invalidation via resistance break—does his schematic open the door to the next impulsive leg targeting $4.16533 to $4.63105, with $5.39272 reserved for an extended fifth in late-September or early-October. At press time, XRP traded at $2.96. Featured image created with DALL.E, chart from TradigView.com
The data showed that Solana could theoretically sustain 80,000–100,000 TPS in real operations like transfers or oracle updates under peak conditions.
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents.
Faraday Future said it plans to initially buy $30 million worth of crypto, with plans for “tens of billions” more, and is exploring the idea of launching a crypto ETF.
XRP has once again become a lightning rod for debate in the crypto community, this time sparked by a viral post from Riccardo Spagni, the former lead developer of Monero. Spagni revealed that a close friend, long skeptical of crypto, suddenly wanted to buy XRP, convinced that banks will be gone in less than two …
Bitcoin, the world’s largest cryptocurrency, kicked off the week with a sharp fall to $115,193, down nearly 3% from yesterday’s peak of $118K. But according to well-known crypto analyst Doctor Profit, this drop was no surprise as he had already predicted a short-term drop, and the market was playing out exactly as he forecasted.Now, the …
Crypto traders should be cautious of ether prices dropping below $4,200, which could lead to significant long liquidations and increased market volatility.
After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible scenarios for the pioneer cryptocurrency, with both ending in bearish reversals toward established local peaks. Lower Trendline Break Points To Bearish Developments The analysis highlights the two possible directions that the Bitcoin price could be headed in after the fall from its new all-time highs. Both scenarios start out with a bullish push upward, and then a bearish decline. However, with each one, there is a different possible peak before resistance kicks in. Related Reading: Bitcoin And Crypto Market To Crash? Analyst’s August-September Prediction In both cases, the first trigger is the fact that the Bitcoin price had broken out of the lower trendline of the channel. This comes after it had initially broken the ascending channel that it had been trading inside of, with the result being higher highs and higher lows. Thus, the break below the trendline means that bearish pressure is beginning to dominate. With the bearish pressure mounting and sellers taking control, there are now two ways that the price could go. The first of these is that it continues to rally and then gets rejected above the $118,000 level. This is a supply zone, where sellers could unload massive amounts of BTC into the market and beat back the price. In the second scenario, the price does continue to rally even after hitting the first supply zone. This takes it into the next supply zone just below $120,000, which is currently sitting at $19,700. However, the end remains the same as that of the first scenario, where sellers are likely to dump and send the Bitcoin price plummeting again. How Low Can The Bitcoin Price Go? As the analyst highlights, the peak of both scenarios aligns with retracement levels where sellers could be waiting to dump. Given this, they both have a similar bottom after crashing. From here, the downside target for both scenarios is placed at the $115,800 target. Related Reading: XRP Price Could Be Headed To New All-Time Highs Due To These Factors This is because this is where previous demand and support had been during the previous retracement/correction. Given this, it is likely that buyers are likely to step back in at this level, making it a possible bottom and the launch point for the next rally. Featured image from Dall.E, chart from TradingView.com
The global crypto market is under renewed pressure today, with Bitcoin price and Ethereum price both slipping as macroeconomic headwinds return to the spotlight. In the past 24 hours, the total crypto market capitalisation has fallen by nearly $71 billion, dropping to around $3.85 trillion. This latest downturn reflects a combination of tightening U.S. monetary …
Whale wallets continue to accumulate aggressively, with holdings now approaching 100 billion DOGE, but price action shows technical damage that traders will need to monitor closely.
Chainlink price has extended its rally, chugging up to $24.88 after adding 2.4% in gains since yesterday and 11.11% over the week. The surge has come into effect as Chainlink partners with Intercontinental Exchange (ICE) to deliver real-time forex and metals data on-chain. This is a major step toward institutional-grade oracle infrastructure. For those curious …
Bitcoin’s role as “digital gold” could come back into play if monetary easing takes hold, one analyst said.
Parag Agrawal, the former Twitter CEO ousted by Elon Musk, has launched a new AI startup aimed at driving the next wave of AI agent research.