Stellar (XLM) is trading at $0.2488, traversing a period of turbulent market conditions. During the previous week, the asset has faced a sustained downward trajectory, driven by general volatility in the cryptocurrency sector. However, XLM remains robust, keeping its stability and buyer demand in the crucial support region between $0.19 and $0.22. The 24-hour trading […]
Chinese Bitcoin Rig Makers Shift Manufacturing to U.S. Amid Tariffs
Key Takeaways: As trade tensions escalate, the world’s three biggest Bitcoin mining hardware makers, Bitmain, Canaan, and MicroBT, are relocating part of their production facilities from China to America. The firms, all of Chinese origin, control more than 90% of worldwide mining hardware and react to a shift in regulatory and economic climate brought by […]
Gemini Files Formal Complaint Against CFTC for Seven-Year ‘Lawfare’ Campaign
Key Takeaways Gemini, a cryptocurrency exchange that was co-founded by Cameron and Tyler Winklevoss, has filed a scathing complaint against the Commodity Futures Trading Commission (CFTC) for allegedly running a seven-year “lawfare” campaign motivated more by office politics than regulatory imperative. In a detailed 13-page letter submitted on June 13 to CFTC Inspector General Christopher […]
Solana Price Targets $258 After Wedge Breakout and Fibonacci Bounce
Solana (SOL) is changing hands at around $149.30 today and is working its way through a choppy trading day that has already logged almost $4.8 billion in volume and pushed the coin’s market cap to roughly $78.7 billion. Over the past week, the token has felt the weight of steady selling that lines up with […]
Polygon’s zkEVM Faces Closure Amid Ongoing $1M Yearly Losses
Key Takeaways: Polygon’s $250 million acquisition of Hermez in 2021 launched its grand zkEVM endeavor with the aim of deploying zero-knowledge proofs to scale Ethereum. But the endeavor was not able to make any tangible progress and was technology-wise dormant, not managing to ever integrate Ethereum’s “Blob” technology. With operating expenses totaling upwards of $1 […]
Dogecoin Battles Resistance, Powerful Breakout Toward $0.20 Gains Momentum
Dogecoin is now at $0.1743 with a 24-hour volume of $1.31 billion and a market capitalization of $26.09 billion at the time of going to press. Having briefly last week touched a high of just above the $0.200 mark, prices were greeted with swift rejection as bear pressure was mounting. A series of red candles […]
Shiba Inu Price Prediction: Targets $0.00001230 After Bearish Consolidation
Shiba Inu (SHIB) is currently at $0.00001181 with a volume of $153.57 million within the last 24 hours and a market capitalization of $6.96 billion. The digital currency has plunged into a downtrend of prices after previous signals of possible surges. The market, after a rapid downslide, has entered a consolidation zone, failing to make […]
SUI Surpasses $3 Mark, Long-Term Indicators Signal $100 Price Target
SUI has shown stability in a fluctuating crypto market, trading at $3.08 today, with a 24-hour volume of $778.13 million and a market cap of $10.48 billion. While the weekly performance indicating a 7.30% decline could be a sign of investors’ jitteriness, a 3.51% increase during the day could be an indication of a probable […]
BNB Price Holds Above $600, Eyes Breakout Toward $960
BNB has only just succeeded in breaking out bullishly after a large move and has formed a strong support area well above the very significant $600 milestone. The price, currently sitting at $655.77, alongside a 24-hour volume reading of $1.46 billion and market capitalization sitting at $92.44 billion, proves a solid bullish setup remains in […]
HYPE Price Eyes $47 Target Amid Strong Weekly Bullish Momentum
Hyperliquid’s native token, HYPE, is keeping bulls unhinged after accruing a 25.30% gain in the last week. Currently trading at $44.56 during the most recent market report, the digital token also recorded a 9.12% rise in 24 hours based on firm volume activity amounting to $277.24 million. With a market capitalization climbing to $14.82 billion, […]