XRP Rejected Above $3, Closes Lower as Sellers Dominate
XRP’s early rally into $3.07 met heavy distribution on elevated volume, leaving a high-volume ceiling intact and pulling price back to $2.98. Institutional prints confirmed $3.07 as resistance, while repeated defenses near $2.98 kept losses contained. News Background XRP slipped 1% from Oct. 5, 03:00 to Oct. 6, 02:00,...
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Bitcoin’s Next Stop $150,000 Or A Dip In Store? Here’s What These Analysts See Coming
With Bitcoin (CRYPTO: BTC) soaring to new all-time highs on Sunday, analysts have lifted their optimistic targets for the leading cryptocurrency. How High Will BTC Go In This Cycle? Widely followed cryptocurrency analyst CrediBULL Crypto said that Bitcoin’s next leg to $150,000 has begun, after the asset broke through...
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XRP Institutional Adoption: Ripple CEO Shares The Final Key To Bring It Home
Ripple’s offering and institutional penetration with its XRP Ledger have always been at the forefront of discussions when it comes to the crypto industry. Recently, there has been a lot of debate about whether Ripple will use the XRP Ledger to replace SWIFT, which processes trillions of dollars worth...
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Gold set to surpass $4,000 per ounce amid booming retail demand
Rising gold prices may lead to shifts in investment strategies, impacting global financial markets and influencing currency stability. The post Gold set to surpass $4,000 per ounce amid booming retail demand appeared first on Crypto Briefing....
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Hong Kong SFC to extend Julia Leung’s CEO term by three years
Leung’s extended term may bolster Hong Kong’s position as a crypto hub, enhancing regulatory frameworks and attracting global investments. The post Hong Kong SFC to extend Julia Leung’s CEO term by three years appeared first on Crypto Briefing....
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Aster price drops over 10% after DefiLlama delists perpetuals data amid wash trading concerns
Aster slid 16% intraday after DeFiLlama delisted its perpetual futures data over suspicious trading patterns, sparking a sell-off amid rising market activity and trader caution. Aster is trading at $1.92, down 6% on the day. The token dropped to an…...
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Dogecoin Overtakes XRP To End Week 8% Higher — DOGE To Hit 30 Cents Soon? Here Is What This Analyst Says
Dogecoin (CRYPTO: DOGE) ended the week on a positive note, as the cryptocurrency market celebrated fresh all-time highs for Bitcoin (CRYPTO: BTC). DOGE Builds Momentum The dog-themed meme cryptocurrency rose to $0.26 in the early hours of Sunday, coinciding with Bitcoin’s move past $125,000. Profit-taking pulled the coin back...
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Digital Asset Treasuries Have Accumulated $135B, But DAT Model is Risky: VanEck
September was characterized by the continued growth of digital asset treasuries (DATs), which swelled to hold around $135 billion in assets, reported VanEck on Friday. Remarkably, Strategy alone accounts for more than half of this total. Last week, its Bitcoin treasury value reached an all-time high, even though BTC...
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Anthony Pompliano Says Stocks Are Not ‘Productive Enough’ If They Get Beaten By Bitcoin And Gold: BTC Is The ‘Hurdle Rate’
Entrepreneur and investor Anthony Pompliano stirred a debate Sunday by comparing the performance of the S&P 500 stock index to that of Bitcoin (CRYPTO: BTC). Bitcoin Is The Hurdle Rate, Says Pompliano In an X post, Pompliano stated that despite the S&P 500 surging over 100% since January 2020,...
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Asia Morning Briefing: Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. A ruble-backed stablecoin tied to...
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