Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.
Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, with signs of a maturing industry.
Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase. Ethereum started a fresh increase above the $4,520 and $4,550 levels. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it remains supported above the $4,500 zone in the near term. Ethereum Price Dips Remains Attractive Ethereum price started a fresh increase above the $4,600 support zone, beating Bitcoin. ETH price was able to climb above the $4,650 and $4,700 resistance levels. The bulls even pushed the price above the $4,720 resistance zone. Finally, the price tested the $4,780 resistance zone. A high was formed at $4,782 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. However, the bulls were active near the $4,480 support. They protected the 50% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. The price is again rising and showing positive signs. Ethereum price is now trading above $4,550 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $4,500 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,640 level. The next key resistance is near the $4,680 level. The first major resistance is near the $4,720 level. A clear move above the $4,720 resistance might send the price toward the $4,780 resistance. An upside break above the $4,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $5,000 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $4,700 resistance, it could start a downside correction. Initial support on the downside is near the $4,550 level. The first major support sits near the $4,500 zone. A clear move below the $4,500 support might push the price toward the $4,400 support. Any more losses might send the price toward the $4,315 support level in the near term. The next key support sits at $4,250. 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 above the 50 zone. Major Support Level – $4,500 Major Resistance Level – $4,700
According to market reports, Chainlink hit a three-month high at $23.80 this week as community sentiment for 2025 reached its strongest point so far. Trading activity was up, with about $2 billion in volume reported in the last 24 hours. The move came alongside broader crypto gains, but LINK’s own narratives — from real-world assets to cross-chain tools — are getting a lot of attention. Related Reading: Dogecoin Draws New Attention As Open Interest Tops $3 Billion Community Momentum And Market Moves Reports have highlighted a spike in bullish talk from Chainlink’s community, often called “marines,” and on-chain activity that traders are watching closely. Based on Etherscan data, one token contract reportedly bought back roughly 40,000 LINK units in an hour via Uniswap V3, which traders said added fuel to the rally. Sentiment trackers show a notable upswing, and trading charts reflect a string of green days that pushed prices into the mid-twenties. Chainlink’s Role In RWA And Policy Debates Based on reports, Chainlink now secures over $62 billion in total value that relies on its oracle feeds, a figure that was put at about 60% of the oracle market. The project is reported to provide data for 450 projects across 21 chains. LINK’s exposure to real-world assets also gets attention: reports place Chainlink-linked RWAs at nearly $16 billion out of a $57 billion RWA space. The project was mentioned in recent White House digital asset frameworks as an example of oracle usage, which added another layer to the story driving interest. Price Signals And Technical Readouts According to short-term forecasts cited by some providers, LINK could rise by 7% to reach $25 by September 13, 2025. Market indicators shown in those reports mark current sentiment as Bullish, with the Fear & Greed Index at 75 (Greed). Related Reading: Solana Strategy: Nasdaq Firm Taps Arthur Hayes For Advisory Role LINK recorded 19/30 green days over the past month, with price volatility at about 10% for the same period. Active daily transactions on Chainlink’s token have climbed during this rally, even though the baseline number of holders remains relatively low. Featured image from Unsplash, chart from TradingView
The cryptocurrency market faced a broad decline in the past 24 hours, with total market capitalization slipping 3.49% to $4.03 trillion. The drop follows a week of strong gains, during which Bitcoin hit fresh highs above $124,000. The Altcoin Season Index sits at 44/100, indicating that Bitcoin remains dominant, but altcoins are slowly gaining traction. …
Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Sharply Bitcoin price traded to a new all-time high near $124,000 before the bears appeared. BTC started a correction and traded below the $122,000 support zone. There was a move below the $121,200 support zone and the 100 hourly Simple moving average. Besides, there was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair. The pair tested the $117,250 zone. It is now consolidating losses and has recovered some losses to test the 23.6% Fib retracement level of the move from the $124,420 swing high to the $117,250 low. Bitcoin is now trading below $120,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,000 level. The first key resistance is near the $120,000 level. The next resistance could be $120,500. A close above the $120,500 resistance might send the price further higher. In the stated case, the price could rise and test the $121,650 resistance level or the 61.8% Fib retracement level of the move from the $124,420 swing high to the $117,250 low. Any more gains might send the price toward the $122,200 level. The main target could be $123,500. Another Decline In BTC? If Bitcoin fails to rise above the $120,000 resistance zone, it could start a fresh decline. Immediate support is near the $118,000 level. The first major support is near the $117,250 level. The next support is now near the $116,500 zone. Any more losses might send the price toward the $115,500 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. 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 – $117,250, followed by $116,500. Major Resistance Levels – $120,000 and $120,500.
US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets.
Bitcoin’s fresh record above $124,000 on Thursday set the stage for a stark test of one of oldest heuristics, according to Joe Consorti, Head of Growth at Theya. In a video published today, August 14, Consorti argued that the fourth quarter will reveal whether the market’s long-observed four-year halving cycle still governs price behavior—or whether the asset has entered a new regime shaped by deep, patient pools of traditional finance capital. “Bitcoin just hit a brand new all-time high of more than $123,700,” he said at the top of the segment. “It’s since corrected slightly…but we’re still pushing higher.” That print aligns with Wednesday’s tape across major dashboards: Bitcoin price topped above $124,4000 today as macro traders leaned into a prospective Fed easing path and risk sentiment firmed. Q4 Could Bury The 4-Year Bitcoin Cycle For Good Consorti framed the breakout against a month-long tug-of-war around $118,000–$120,000, describing how “longs and shorts have been fighting back and forth for market control,” with bulls “slowly but surely” grinding out the upper hand. He tied the setup to the seasonal transition out of the “summer doldrums,” and to a policy backdrop he expects to turn supportive: “As Wall Street returns from vacation… the Fed is positioned for its first maintenance rate cut in a year as the US economy rebounds.” Futures markets have increasingly priced a September cut, a shift that has underpinned risk assets broadly alongside dollar softness. The heart of Consorti’s thesis is that this expansion is structurally different. “This is also Bitcoin’s longest bull market ever… at 21 months compared to 13 months,” he said, using that duration to pose the key dilemma: “That begs the question, is the 4-year cycle dead? Well, at the very least, the 4-year cycle will be tested in Q4 of this year.” Related Reading: The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works He pointed viewers to analysis from on-chain researcher James Check (Checkmate) at CheckOnChain. “If we see a massive run-up and blow-off top at 4-year end, the theory remains intact… but if not, Bitcoin’s behavior through market cycles has probably changed forever.” Check, for his part, has recently written that “if there was ever a time for the 4yr Bitcoin halving cycle to break, this market environment is likely it,” underscoring how veteran on-chain analysts are also bracing for a pattern shift. What’s changed, in Consorti’s view, is the buyer base. “Traditional finance capital pools have entered the picture, and they play by different rules.” He highlighted spot Bitcoin ETFs as the prime conduit: “These are purchased by retirees, pension funds, and endowments… These are allocators with no near-term intention of selling. They plan to hold it for years, even decades, and only gradually shave down positions over time.” To illustrate, he cited Harvard University’s endowment: “Their endowment purchased 1.9 million shares of iShares Bitcoin Trust, valued at $116.7 million in Q2.” That position—disclosed in a recent 13F—impressively demonstrates the institutional adoption of BlackRock’s IBIT. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz Consorti extended the long-horizon argument to treasury adopters: “These are firms holding Bitcoin on their balance sheets with no plan to sell. Ever… the serious players… are permanent fixtures in the market.” The implication, he said, is a visible evolution in market structure and tempo: “Instead of the violent booms and busts of earlier cycles, we’re seeing something new, which is a consistent uptrend punctuated by periods of consolidation, then rapid expansion, then consolidation again.” As supply becomes increasingly lodged with long-duration holders and the asset’s capital base thickens, “volatility naturally compresses, but upside doesn’t vanish. It just plays out in longer arcs, with bigger dollar moves and a slower tempo.” He added that this maturation is already noticeable as Bitcoin grows “beyond its current $2.4 trillion market cap,” even as he acknowledged that the fourth quarter will be the crucible for the cycle debate. “In Q4, that dynamic could be on full display,” Consorti concluded. A “mix of easing financial conditions, renewed institutional inflows post-summer, and persistent structural demand from ETFs, corporates, and high net worth allocators could set the stage for another leg higher and a banner Q4.” But his sign-off was deliberately non-deterministic: “Only after the fourth quarter of this year will we truly know whether or not the four-year cycle is truly dead and buried… We’ll just have to wait and see.” At press time, BTC traded at $119,068. Featured image created with DALL.E, chart from TradingView.com
The commission has exercised its final procedural extension for Solana ETF applications, citing the need for additional time to review.
ETH’s rally is fueled by record flows and BTC outperformance, but rising exchange inflows spark debate over momentum vs. consolidation.
The Bitcoin Realized Price has surged above the asset’s 200-week moving average (MA). Here’s what could happen next, according to history. Bitcoin Realized Price Has Overtaken 200-WMA For First Time This Cycle As pointed out by analyst James Van Straten in a new post on X, the Bitcoin Realized Price and 200-week MA have seen a crossover. The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis of the average investor or address on the BTC network. Related Reading: Bitcoin Options Traders Don’t Expect Volatility: Contrarian Signal Brewing? When the value of this metric is higher than the spot price, it means the holders as a whole are in a state of net unrealized profit. On the other hand, it being under BTC’s value suggests the average investor is underwater. The 200-week MA, the other metric shared by the analyst, is a technical analysis (TA) pricing model that averages BTC’s closing price over the last 200 weeks. Since 200 weeks roughly equal four years, this indicator is used to gauge BTC’s trend shifts over a classic four-year cycle. Now, here is the chart shared by Van Straten that shows the trend in the Bitcoin Realized Price and 200-week MA over the past decade: As is visible in the above graph, the Bitcoin Realized Price has gone up over the past year, a natural result of BTC’s spot price following an uptrend. As investors trade at the higher prices, they reprice the cost basis of their coins higher as well, thus raising the market average. After the latest increase in the indicator, its value has surged above the 200-week MA. The last time that the former was higher than the latter was in the previous cycle. Back then, the crossover occurred in 2020, and the orientation was maintained until 2022. Interestingly, the timing of the crossover coincided with the start of that cycle’s bull run. In the 2017 cycle, no crossover preceded the bull run as the Realized Price never dipped under the 200-week MA, but a retest did occur, which sent the metric flying up alongside the spot price. “When the uptrend begins, so does the bull market,” notes the analyst. It now remains to be seen whether something similar as in the past would occur, with the Bitcoin Realized Price seeing a sustained surge above the 200-week MA. Related Reading: Ethereum Retail Mood Still Bearish: Perfect Setup For ATH Break? Speaking of bullish signals, Capriole Investments founder Charles Edwards has revealed that institutional buying represented 75% of Coinbase volume recently. Edwards has noticed an interesting pattern related to this metric. “All readings above 75% have seen higher prices one week later,” explains the analyst. BTC Price Bitcoin set a new all-time high above $124,000 on Wednesday, but the coin has plunged since then as its price is back at $118,300. Featured image from Dall-E, Glassnode.com, charts from TradingView.com
The US aims to bolster its Bitcoin reserves without increasing the federal budget, potentially reshaping global crypto dynamics.
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Bitcoin (BTC) surged to a new all-time high of $124,400 on early Thursday, fueled by strong institutional demand, bullish technicals, and favorable U.S. policy shifts. The move pushed the overall crypto market cap to a record $4.18 trillion. Related Reading: Ripple CTO Comments On Rising XRP Ledger Competition From Fintechs The rally followed a decisive breakout above key technical levels, including the 7-day SMA at $118,892 and the 200-day EMA at $101,566. The MACD histogram widened to its most bullish reading since July 2025, while the RSI14 at 68.5 suggests there’s still room before hitting overbought conditions. Fibonacci projections now place BTC’s next major resistance near $126,870. However, after briefly surpassing $124K, Bitcoin retraced to around $121,800, prompting traders to ask whether this is simply consolidation before the next surge. Institutional Demand and Policy Support Driving Momentum Corporate and institutional accumulation remains a major driver. SpaceX continues to hold 8,285 BTC worth over $1 billion, while Thumzup Media recently announced a $50 million crypto treasury. These moves mirror Metaplanet’s purchase of 2,205 BTC earlier this week. Political tailwinds are also in play. U.S. President Donald Trump’s administration has rolled back banking restrictions on crypto firms and signed legislation opening retirement accounts to digital asset investments. The GENIUS Act, introducing the country’s first federal stablecoin framework, has further boosted market confidence. ETF inflows have accelerated, with U.S.-listed Bitcoin ETFs pulling in over $1 billion in net weekly inflows. Total ETF holdings now stand at $154 billion, signaling deep institutional interest. BTC's price records some losses after a major spike on the daily chart. Source: BTCUSD on Tradingview Bitcoin (BTC) Pundits Eye $150K If Momentum Holds Despite a notable July sell-off by long-term holders, the largest since 2021, market analysts see the pullback as a healthy pause. Vikram Subburaj, CEO of Giottus Crypto Platform, views $120K as a new “sturdy floor” and $126K as the breakout point that could open the path toward $150,000. “With strong macro tailwinds, robust ETF demand, and rising corporate adoption, every dip may be viewed as a buying opportunity rather than a reversal signal,” noted Himanshu Maradiya, Chairman of CIFDAQ. Related Reading: Ethereum CME Gap Threatens Recovery, Why A Crash To $4,080 Is Possible If bullish sentiment persists, Bitcoin could soon challenge higher psychological levels, making this latest pullback less a warning sign and more a pit stop before the next leg up. Cover image from ChatGPT, BTCUSD chart from Tradingview
Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.
Bitcoin (BTC) created a fresh all-time high (ATH) yesterday, touching $124,474 on Binance before stabilizing around $118,000 at the time of writing. Meanwhile, BTC reserves on Binance have surged significantly, raising concerns about a potential price correction. Bitcoin Reserves Spike On Binance: Time To Worry? According to a CryptoQuant Quicktake post by contributor Arab Chain, Binance’s Bitcoin reserves have seen a sharp increase in recent months. The exchange holds the largest BTC reserves, supported by its high liquidity and the largest trading volume in the market. Related Reading: Bitcoin Price Eyes ATH With Falling Average Executed Order Size And Rising Retail Activity From the end of July until today, Binance-based BTC reserves have reversed a previous downtrend, climbing to 579,000 BTC. Arab Chain shared the following chart illustrating how BTC reserves – after a period of scarcity – have reversed course and now signal a short-term warning. Notably, BTC reserves on Binance had previously declined by approximately 50,000 to 60,000 BTC, a 9% to 10% drop from the 2024 peak to the July 2025 low. Recently, reserves recovered slightly, rising by 25,000 to 30,000 BTC, an increase of 5% to 6%. Despite this recovery, BTC reserves remain well below the peaks of late 2024, indicating that structural scarcity has not yet fully dissipated. Arab Chain highlighted two potential reasons for the recent spike in reserves. First, profit-taking or short-term supply could increase when traders – including whales and market makers – deposit BTC on exchanges. They may do this to sell part of their holdings or to use the digital asset as collateral in derivatives markets. Second, a liquidity boost for BTC can occur when growing demand leads to the replenishment of liquidity pools. Market makers may also rebalance their portfolios to help smooth price spreads. The analyst concluded: In practice, if daily or weekly reserve increases persist alongside high positive funding rates and rising open interest, the likelihood of a short-term correction grows. However, if reserves stabilize or decline quickly, this would suggest renewed scarcity and a continuation of the uptrend. BTC Rally Losing Momentum? BTC pulled back from its recent ATH, trading slightly above $118,000 at the time of writing, signaling a short-term price correction. Some analysts warn that this might indicate the flagship cryptocurrency is losing momentum. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz In addition to rising exchange reserves, the Binance whale-to-exchange flow metric also points to increased selling pressure. The spike in Binance miner distributions reinforces this signal. That said, some analysts remain cautiously optimistic. Axel Adler notes that BTC’s current market structure makes a severe price correction unlikely. At press time, BTC trades at $118,464, down 0.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.
Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately $15 […]
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The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.
Tron (TRX) has delivered one of its strongest performances to date, capping off a year marked by steady price appreciation and a landmark achievement — going public in the United States. The Initial Public Offering (IPO) represents a historic milestone for the blockchain network, signaling both its maturity and growing acceptance in traditional financial markets. For investors, Tron’s public listing in the US adds a layer of legitimacy and opens new pathways for institutional participation. Related Reading: Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – Details Beyond its debut on the public markets, Tron’s on-chain performance and price trajectory have been equally impressive. According to data from CryptoQuant, the TRX rally has rewarded 1-year holders with gains exceeding +150%, reinforcing a sustained bullish market structure. Long-term holders have reaped the greatest rewards, benefiting from Tron’s consistent uptrend and resilience during broader market volatility. The network’s fundamentals remain strong, with robust transaction volumes, growing DeFi activity, and a leadership position in stablecoin settlements. These factors, combined with positive market sentiment and the credibility boost from its IPO, have created an environment in which TRX continues to attract both retail and institutional interest. Tron Rally Strengthens Across All Timeframes Tron is maintaining a powerful upward trend, recently breaking into new yearly highs and showing strength across multiple timeframes. Market data analyzed by on-chain expert Crypto Onchain highlights that momentum is not only intact but accelerating, a sign that buyer interest is growing rather than fading. Since late Q2 2025, TRX’s price action has been marked by a steady climb, with recent sessions showing sharper moves to the upside as renewed buying pressure enters the market. One of the most striking aspects of this rally is the performance of long-term holders. Investors who have held TRX for at least a year are currently sitting on gains exceeding +150% since the 2024 lows. This consistent profitability reinforces the value of patience and conviction, especially in a market known for volatility. It also provides a strong psychological foundation for further upside, as profitable long-term holders are less likely to sell prematurely. Mid-term metrics also tell a bullish story. Six-month and three-month returns have shifted from losses earlier in the year to solid gains, with their upward slopes reflecting a meaningful recovery in sentiment. This turnaround suggests that not only are long-term investors confident, but medium-term participants are also regaining faith in TRX’s trajectory. Short-term momentum remains slightly more volatile, but weekly returns are generally positive, with pullbacks quickly bought up — a hallmark of a healthy bull market. Unlike the sharp and unsustainable surge seen in January 2025, the current rally is broader, more stable, and supported across all holding periods. With strong foundations at every timeframe and +150% gains for 1-year holders serving as proof of long-term reward, TRX could be poised to challenge multi-year highs in the months ahead. Related Reading: Ethereum 30-Day Netflow Average Deepens Negative: Buyers Dominate Market TRX Weekly Analysis: Bullish Structure Points to Higher Levels TRX has been on a strong uptrend, with the weekly chart showing consistent bullish momentum since early 2024. The price is currently trading around $0.3677, marking an impressive +8.69% gain in the latest weekly candle. This level is just below the psychological $0.40 resistance, which could act as the next major test for bulls. The moving averages paint a clear picture of sustained strength. The 50-week SMA (blue) is far above the 100-week (green) and 200-week (red) SMAs, showing a well-established bullish structure. All three SMAs are rising, confirming the long-term trend’s health and signaling that any pullbacks might be met with strong buying interest. Related Reading: Bitcoin Realized P&L Ratio Signals Sustainable Rally: Reversal Risk Remains Low If TRX can maintain momentum and hold above $0.35, a move toward $0.40 and potentially $0.45 could be on the table. However, if sellers step in at current levels, a retest of the breakout zone could occur before the next leg higher. Overall, the structure remains decisively bullish. Featured image from Dall-E, chart from TradingView
Scott Bessent, the current U.S. Treasury Secretary has clarified that the Donald Trump administration is keen on implementing a strategic Bitcoin (BTC) reserve (SBR). Bessent noted via an X post that the United States will build an SBR from the $15 billion to $20 billion BTCs forfeited to the federal government. The recent remarks follow …
The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion.
Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs.
SEC extends decision on Bitwise and 21Shares Solana ETFs to October 16 as SOL trades near $190 after hot US PPI data.
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Cardano (ADA) has surged past the $1 mark for the first time in months, gaining over 20% in the past 24 hours. The breakout, from $0.8454 to $1.01, signals renewed bullish momentum after a prolonged downtrend. Related Reading: Ethereum CME Gap Threatens Recovery, Why A Crash To $4,080 Is Possible ADA’s rally comes as traders spot a Golden Cross, when the 50-day moving average crosses above the 200-day, which historically has triggered explosive moves. In late 2024, this same pattern fueled a 236% rally, taking ADA from $0.39 to $0.93 in just 27 days. Applying similar gains to today’s prices points to a potential $3 target, a projection that has sparked excitement across the crypto community. Technical Levels Point to Higher Targets for Cardano (ADA) The immediate challenge for ADA is the $1.17–$1.18 resistance zone, which aligns with previous trendline caps. A decisive close above this range could open the path toward $1.24–$1.43. Analysts also highlight $1.50 and $2.00 as key psychological checkpoints before any $3 attempt. Momentum indicators are reinforcing the bullish outlook. The RSI has crossed above 50, while the MACD has made a bullish crossover, signals that previously led to rallies exceeding 170%. Historical patterns suggest that even a moderate follow-through could lift ADA toward $2.06 in the coming months. Support remains firm near $0.84, a level where buyers have consistently stepped in. As long as ADA holds above this zone, analysts expect further upside pressure. ADA's price trends to the upside on the daily chart. Source: ADAUSD on Tradingview Could $3 Arrive Sooner Than Expected? Market sentiment is heating up, with some traders calling this ADA’s strongest setup in over a year. Crypto analyst Deezy predicts a $3 move in less than a month if momentum mirrors past Golden Cross rallies. Others, like Crypto Tigers, see potential beyond $3 should breakout volume remain strong. However, the road upward may not be without turbulence. Overbought conditions could trigger short-term pullbacks, especially around major resistance levels. Still, if Cardano maintains its breakout structure and rides the broader crypto market’s bullish wave, the $3 target may not be as far off as it once seemed. Related Reading: Brace For Impact: Bitcoin Price Could Crash To $110,000 Amid Signs Of Exhaustion For now, ADA’s decisive reclaim of $1 marks a psychological victory for the bulls, setting the stage for what could be its most explosive run in recent memory. Cover image from ChatGPT, ADAUSD chart from Tradingview
The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022.
Citigroup Inc. (NYSE: C) is considering introducing crypto custody services to its customers. A top executive of Citigroup informed Reuters that the bank is exploring ways to offer custody for stablecoins and spot crypto exchange-traded funds (ETFs). “Providing custody services for those high-quality assets backing stablecoins is the first option we are looking at,” Biswarup …
The Treasury Secretary's late-Thursday afternoon tweet seemingly contradicted his statement from earlier in the day.
The Bitcoin-buying firm implied its earnings are recurring during an earnings call, Andy Constan said.
Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans in the city. In a joint statement, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) said they had […]
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