SOL price looks bearish on multiple chart timeframes, leading analysts to put a short-term target on $50. Will the “extreme” state of SOL’s MVRV indicator prevent another price crash? Read More at https://cointelegraph.com/news/sol-s-path-of-least-resistance-tilts-toward-dollar50-but-onchain-data-hints-at-a-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
$209B exited altcoins over the last 13 months: Did traders rotate into Bitcoin?
Net selling from altcoins topped $209 billion, far outpacing the sell volumes seen during Bitcoin’s five-month sell-off. Will these traders reposition into Bitcoin? Read More at https://cointelegraph.com/news/dollar209b-exited-altcoins-over-the-last-13-months-did-traders-rotate-into-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DerivaDEX launches Bermuda-licensed derivatives exchange under DAO governance
The decentralized exchange has begun offering crypto perpetual swaps after receiving a test license from Bermuda’s regulator, operating under DAO governance and formal oversight. Read More at https://cointelegraph.com/news/derivadex-launches-bermuda-licensed-derivatives-exchange-under-dao-governance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether ‘bear pennant’ puts target on $1.1K ETH price: Here’s why
Ethereum onchain data and a bear pennant on the daily chart suggest that bears may target the $1,100 level. Would a dip to that zone represent a generational buy opportunity? Read More at https://cointelegraph.com/news/ether-bear-pennant-puts-target-on-1-1k-eth-price-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Riot Platform‘s AI/HPC push could net up to $21B, says activist holder
Starboard Value said that “time is of the essence,” stressing urgency in Riot getting “more material deals completed” related to AI and HPC. Read More at https://cointelegraph.com/news/riot-platform-ai-hpc-profit-stockholder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price predictions 2/18: BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA, HYPE, XMR
Technical charts show Bitcoin price hanging on to softening support in the $68,000 to $65,000 zone, and a breakdown below the level could usher in new lows in the $50,000 range. Read More at https://cointelegraph.com/news/price-predictions-2-18-btc-eth-xrp-bnb-sol-doge-bch-ada-hype-xmr?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Treasury bills seen as primary driver of Bitcoin’s price: Report
New Keyrock research finds not all newly created money impacts risk assets due to how fresh liquidity flows through the economy. Read More at https://cointelegraph.com/news/treasury-bills-primary-driver-bitcoin-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin 2024 buyers steady BTC price as trader sees $52K ‘next week or so’
Two-year Bitcoin hodlers “absorbed” seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows. Read More at https://cointelegraph.com/news/bitcoin-early-2024-buyers-steady-btc-price-as-trader-sees-52k-next-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SocGen’s FORGE expands euro stablecoin to XRP Ledger in multi-chain push
The French banking group’s digital asset unit deploys EUR CoinVertible on a third public blockchain, alongside Ethereum and Solana. Read More at https://cointelegraph.com/news/societe-generale-forge-expands-euro-stablecoin-to-xrp-ledger-in-multi-chain-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump family-backed WLFI token surges 23% ahead of Mar-a-Lago crypto forum
Although US President Donald Trump was not slated to appear at today’s event, it will include two senators, the CFTC chair, and industry leaders. Read More at https://cointelegraph.com/news/wlfi-token-trump-mar-a-lago-crypto-forum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound