Tag: News

XRP Eyes Breakout As $2 Resistance Comes Into Focus

XRP (CRYPTO: XRP) is approaching a key resistance zone near $2 as improving technicals and shifting market dynamics point to a potential breakout. XRP’s Technical Setup XRP rose about 5% over the past week, boosting trader optimism as it nears a critical resistance level. In a Mar. 17 podcast,...
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Cango Eyes HPC Scale-Up Following Significant Bitcoin Losses

The bitcoin miner took a series of major write-offs last year, many in the fourth quarter, and received some major new investment to shore up its finances heading into a new chapter image credit: Bamboo Works Key Takeaways: Cango recorded a $622 million loss last year, much of that...
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Bitcoin May Drop 30%–40% Before A ‘True Bottom,’ Trader Warns

Bitcoin (CRYPTO: BTC) is holding above $70,000 for now, but prominent analyst Trader Mayne foresees a broader macro downturn. Bitcoin Still Holding Key Levels In a Mar. 17 podcast, Mayne said Bitcoin’s recent rebound appears to be a countertrend move rather than the start of a sustained bull run....
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Bitcoin Dips Below $72K as Data Warns ‘Rules Have Quietly Changed’

Bitcoin was mostly stable on Wednesday at $74,000 before it started to lose value gradually, dipping below $72,000 minutes ago. And while supply pressure has eased significantly, demand remains muted as data revealed that “the rules of the game have quietly changed.” Direction Still Unclear In its latest report,...
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