Quant (QNT) extends gains towards $80 on Thursday, testing the upside breakout of a long-standing resistance trendline amid rising leverage-based activity of large wallet investors, commonly called whales.
Pi Network (PI) is edging lower on Thursday, risking a steeper correction below $0.1700 and a bearish breakout to a short-term consolidation range.
Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week.
Cardano (ADA) edges lower on Thursday, facing consistent selling pressure so far this week. On-chain data shows persistent buying from large wallet investors, with holdings expanding to a record high, while derivatives data shows short-term weakness on the retail side.
Hyperliquid (HYPE) extends its correction, trading below $39 at the time of writing on Thursday after closing below the rising trendline earlier this week. Mixed signals from the derivatives markets put a lid on HYPE’s recovery.
Chainlink (LINK) is slipping toward the key support around $9.91 on Thursday after declining nearly 5% so far this week. Despite the recent pullback, improving on-chain metrics, with rising social dominance and trading volume, suggest bullish sentiment may be building for LINK.
Bitcoin (BTC) is trading below $80,000 at press time on Thursday, after three straight days of losses so far this week. The crypto market sentiment is losing risk appetite amid a bullish positional wipeout in the derivatives market.
A Bitcoin (BTC) holder allegedly regained access to roughly 5 BTC, worth nearly $400,000, after misplacing his password, according to a viral X post on Wednesday.
Ethereum (ETH) is facing increasing selling pressure on the spot side following signs of cracks in US-Iran peace talks. With Oil prices surging higher, the top altcoin has failed to recover the $2,300 key level on Wednesday.
Fidelity International launched its first tokenized fund on Wednesday, the Fidelity USD Digital Liquidity Fund (FILQ), bringing regulated on-chain yield-bearing liquidity products to its clients.
Ondo Finance (ONDO) is facing mounting selling pressure on Wednesday, trading below the pivotal $0.4000 threshold. After logging two consecutive days of declines and extending its correction from its May peak at $0.4877, ONDO is at risk of a deeper correction.
Ripple (XRP) is rising on Wednesday alongside crypto majors including Bitcoin (BTC) and Ethereum (ETH). After testing support around $1.42 the previous day, the remittance token trades above $1.46, signaling easing selling pressure as technicals align for a potential range breakout above $1.50.
Cryptocurrency prices are showing signs of recovery on Wednesday, following volatility that accompanied the release of the United States (US) Consumer Price Index (CPI) data the previous day.
The rise in non-human activity and content across multiple domains, such as IT, content creation, and Fin-tech, is fueling the need for Proof of Human verification systems, like Worldcoin (WLD).
Bitcoin (BTC) price rebounds slightly and trades above $81,000 at the time of writing on Wednesday, following a retest of a key technical support level the previous day. Institutional demand shows early signs of caution, with spot BTC Exchange Traded Funds (ETFs) recording outflows.
Pi Network (PI) is trading in the red on Wednesday, extending its consolidation within a descending wedge pattern on the 4-hour chart.
Dogecoin (DOGE) edges higher on Wednesday after two consecutive days of losses earlier this week. The recovery aligns with the rise in short liquidations over the last 4 hours across the crypto market, signaling a potential upside shift.
Solana (SOL) price rebounds, finding support around the key technical level near $94 on Wednesday. Strong institutional demand, with spot SOL Exchange Traded Funds (ETFs) recording inflows for the seventh consecutive day, hints at a potential rally ahead.
Bitcoin trades above $80,000 at press time on Wednesday amid accelerating US inflation risks driven by the Iran war and US President Donald Trump’s travel to China. At the same time, AI tokens, including Injective (INJ) and Near Protocol (NEAR), are leading gains over the 24 hours.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) trade cautiously on Wednesday as price action approaches key technical levels across these top three cryptocurrencies. BTC stalls near the key resistance level around $82,000 while ETH holds firm above the key support at $2,275.
JPMorgan filed a registration statement with the US Securities and Exchange Commission (SEC) on Tuesday to launch the JPMorgan OnChain Liquidity-Token Money Market Fund, trading under the ticker JLTXX.
Bitcoin is challenging the long-term perception that it behaves as a leveraged proxy of the Nasdaq, according to a K33 report released Tuesday.
Ethereum could control its rising supply growth, boost scarcity and strengthen its store-of-value thesis by reducing staking rewards, according to Grayscale in a research report on Tuesday.
The United States (US) Senate Banking Committee released the full text of the Digital Asset Market Clarity Act, commonly known as the Clarity Act, ahead of the scheduled markup vote on Thursday.
Ripple (XRP) scales downward, trading at $1.45 at the time of writing on Tuesday. XRP is currently trading about 3% below its weekly open at $1.47 and approximately 4% below its monthly high of $1.51, highlighting mounting overhead resistance.
Cryptocurrency prices are struggling due to mounting overhead pressure on Tuesday, and traders await the release of April’s US inflation data. Bitcoin (BTC) hovers below $81,000, with support at $80,000 holding at the time of writing.
Bitcoin (BTC) struggles around key technical levels, trading around $81,000 at the time of writing on Tuesday.
Cardano (ADA) extends losses below $0.2800 on Tuesday after the 100-day Exponential Moving Average capped Sunday’s 4% recovery. Retail demand is shifting bearish as positional buildup aligns with negative funding rates.
Hyperliquid (HYPE) extends its pullback, trading below $42 as of writing on Tuesday, breaking beneath its rising trendline support. Weakening derivatives metrics support the bearish price action.
Zcash (ZEC) trades above $550 on Tuesday, stabilizing after three consecutive days of losses ahead of Thursday's Digital Asset Market Clarity (CLARITY) Act voting.