Filecoin Plunges 6% On Heavy Volume, Breaks Technical Support at $2.52 Level
Filecoin FIL underwent a notable 5.8% decline over the 24-hour period, dropping from a high of $2.569 to a low of $2.406, according to CoinDesk Research’s technical analysis model. The token found support at the $2.41-$2.42 range, forming a potential consolidation zone after the sharp decline, the model showed....
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ADA Slides to $0.615 as Sell-Off Deepens and Support Faces Pressure
Cardano’s ADA ADA token traded at $0.6154 Monday afternoon, extending its decline to 5.35% over the past 24 hours. The token dropped steadily through multiple support levels after a late-session sell-off began around 22:00 UTC on June 16. Despite a brief recovery attempt earlier in the session, the bearish...
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AVAX Loses 5.8% After Rejection at Critical $20 Short-Term Resistance
After reaching a high of $19.99, Avalanche’s token AVAX was sharply rejected at the $20 psychological barrier, triggering accelerated selling that drove prices down to $18.61, according to CoinDesk research’s technical analysis model. The rejection coincided with peak trading volume of 1.9 million, suggesting large-scale profit-taking and position liquidations....
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Glassnode on ETH Whales: ‘This Scale of Buying Hasn’t Been Seen Since 2017’
Ether (ETH) ETH traded at $2,555.77 on Tuesday, down 3.7% over the past 24 hours after a sharp rejection near the $2,673 level triggered a wave of selling. The downturn follows several sessions of declining momentum and increasing volatility, culminating in a major sell-off late Monday that broke through...
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ATOM Plunges 6% as North Korea Links Trigger Security Concerns
The discovery of a North Korea-linked developer who contributed to Cosmos code between 2022-2024 has triggered enhanced security measures, while major exchanges expand staking options for ATOM holders despite market pressure. ATOM is currently trading at $4.086 after losing 5.52% of its value over the past 24 hours. Technical...
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XRP Ledger Heats Up As Active Addresses Count Expands Rapidly On The Network
The general crypto market has now gained bullish traction, and XRP has recorded a notable gain in the past day, leading to a retest of the $2.3 price mark on Monday. During this renewed upward action, there has been a significant uptick in on-chain activity, with active wallet addresses...
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Shiba Inu price crashes as it eyes a crucial support
Shiba Inu price continued its strong downtrend this week, even as its token burn rate surged by over 800%. Shiba Inu (SHIB) token plunged to a low of $0.00001160, its lowest level since April 9. It has dropped by 35%…...
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Coinbase insider sold more than $5m in shares over the last three months
One Coinbase insider sold more than $5 million in shares in the last three months....
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JPMorgan Embraces Bitcoin ETFs As Loan Collateral: Is TradFi Finally Changing?
JPMorgan‘s (NYSE:JPM) decision to accept Bitcoin ETFs as loan collateral marks a pivotal shift in how traditional finance (TradFi) evaluates cryptocurrency risk and client liquidity, with experts predicting advanced risk models and hybrid analytics to integrate crypto’s unique volatility and 24/7 market dynamics into mainstream financial frameworks. This policy,...
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XRP ETF To Debut In Canada, Setting The Stage For US Showdown
Purpose Investments Inc. has secured final regulatory approval from the Ontario Securities Commission (OSC) to launch the Purpose ETF, which will begin trading on the Toronto Stock Exchange (TSX) on Wednesday, June 18, under the ticker XRPP. This marks Canada’s first spot XRP exchange-traded fund, offering investors direct exposure...
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