Solana drops 13% amid Milei meme coin scandal. Bearish below $180.48 with key support at $161.32. Will it rebound or continue its decline?
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Category: Cryptocurrencies
Ethereum Faces 7% Drop After Bybit Hack: Can Recovery Hold?
Ethereum drops 7% after Bybit hack, recovering to $2,735. Can ETH break above $2,795 resistance? Key support at $2,643. Rollback debate intensifies.
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Illegal Crypto Mining ‘Growing’ in Siberia, Despite Russian Ban
Illegal crypto mining continues to grow in many Russian regions, with many energy-poor areas continuing to suffer energy shortages despite recent bans, new data shows.
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Hedera-Based Origin Emerges from Stealth, Enables VC Treatment for Everyday Users
Built on Hedera’s ecosystem, Origin enables everyday users to invest in promising Web3 projects alongside top VCs without the barriers found in traditional venture capital investing.
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Billionaire Mike Novogratz Bullish on XRP – Could This Be the Catalyst for a Breakout?
XRP has fallen by 1.5% in the past 24 hours, with its decline to $2.67 coming after Mike Novogratz argued that its first-mover status will give it an advantage over newer alts.
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Russia’s Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report
A recent report shows Russia’s Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia’s power grid, as many mining operations remain unregistered.
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Almost 80% of FTX Creditors Will Reinvest in Crypto, 62% Plan to Buy Solana – Survey
In addition, respondents are interested in Solana and AI-based projects, followed by Ethereum and BNB Chain as alternative investment options.
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SEC to Drop Enforcement Case Against Coinbase, Pending Approval
The SEC has agreed to drop its enforcement case against Coinbase, pending commissioner approval, marking a significant shift in regulatory attitudes towards the cryptocurrency industry and signaling renewed optimism for clearer regulations.
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TRUMP Coin Price Collapse Imminent? Risks Rise Amid Bearish Chart Signals, Dilution Fears
Things are not looking so good right now for the TRUMP coin price, with the chart sending bearish signals and the current fundamental backdrop hinting that risks are tilted towards medium-term underperformance.
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SUI Forms Double-Bottom Pattern – Is This the Start of a Huge Breakout?
Sui (SUI) could be on the cusp of a huge rebound, in wake of the price forming a double bottom. Double bottoms often signal that a price floor has been found, and signify that a rebound could be in coming.
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