Analysis News

Anthony Scaramucci showed up to Solana Breakpoint in Abu Dhabi wearing a tie — a small act of rebellion in a sea of hoodies — and then proceeded to make a much bigger one on stage: Solana is going to “flip” Ethereum. Scaramucci’s Solana Prediction Not in the Twitter-war, zero-sum, “ETH is dead” kind of way. More like: same league, different growth curve, and Solana ends up with the bigger market cap. “I think it will flip Ethereum, but that doesn’t mean Ethereum’s going down or anything like that. I think there’s going to be market share for Ethereum. I think they could both grow, but I think from a market capitalization perspective, I think Solana will end up growing faster,” Scaramucci told CoinDesk Live on Dec. 11. That’s been his line for a while. This time it ca...

On Thursday, Bitcoin (BTC) once again fell below the critical $90,000 mark, even after what many had anticipated to be a bullish event stemming from the US Federal Reserve’s (Fed) decision to cut rates by a quarter point. Analysts from Bull Theory note several factors contributing to this unexpected downturn. Bitcoin Sell-Off Amid Market Unease The analysts pointed out that the rate cut itself was largely anticipated by investors weeks prior, with a 95% probability already priced into the market.  Ahead of the announcement, they identified that many positioned themselves in expectation of some form of liquidity support from the Fed, leading to a rally in Bitcoin prices.  However, when the actual cut and the accompanying plan for $40 billion in monthly T-bill purchase...

A cryptocurrency analyst has pointed out how Stellar has just seen a TD Sequential buy signal. Here’s what happened the last time the pattern surfaced. Stellar Shot Up The Last Time A TD Buy Signal Appeared At Current Prices In a new post on X, analyst Ali Martinez has talked about a Tom Demark (TD) Sequential signal that has appeared in the 1-week price of Stellar. The TD Sequential is a technical analysis (TA) indicator that’s used for pinpointing locations of probable reversal in an asset’s price. Related Reading: Bitcoin Lacks Fresh Momentum As Realized Cap Growth Still Declining The indicator involves two phases. In both of them, it works by counting up candles of the same polarity (that is, whether red or green) in the asset’s chart. These candles don’t have to...

Dogecoin started a fresh decline below the $0.1420 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1440. DOGE price started a fresh decline below the $0.1420 level. The price is trading below the $0.1420 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1440 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1420 and $0.1440. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after it closed below $0.1465, like Bitcoin and Ethereum. DOGE declined below the $0.1440 and $0.140 support levels. The price even traded below $0.1380. A low was formed near $0.1363, and the price recen...

A recent report from BitcoinTreasuries.Net highlights significant challenges faced by Bitcoin-focused treasury companies since November. The findings revealed that the vast majority of these firms are now grappling with substantial unrealized losses, prompting many to sell off considerable amounts of their Bitcoin holdings. Market Struggles Continue In a sample analysis of 100 companies with reliable cost basis measurements, approximately 65% purchased Bitcoin at prices that now exceed the current market value, leaving a considerable number of these treasuries with substantial unrealized losses.  Bitcoin’s market downturn in late November pushed spot prices down towards $90,000, leaving many buyers from 2025 at a financial disadvantage.  Related Reading: Bitcoin Outl...

XRP price started a fresh decline below $2.080. The price is now struggling and faces resistance near the $2.040 resistance level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.040 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.00. XRP Price Struggles Near Resistance XRP price attempted a recovery wave above $2.150 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.080 and $2.050. There was a move below the $2.00 support level. A low was formed at $1.993, and the price recently started an up...

Ethereum price started a fresh increase above $3,150. ETH is now consolidating and might soon aim for a clear upside break above $3,350. Ethereum started a downside correction from the $3,450 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $3,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,150 zone. Ethereum Price Holds Support Ethereum price managed to stay above $3,150 and started a fresh increase, beating Bitcoin. ETH price gained strength for a move above the $3,300 and $3,320 resistance levels. The bulls even pushed the price above $3,400. However, the bears were active below $3,450. A h...

Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $93,500 zone. Bitcoin Price Aims Upside Break Bitcoin price failed to gain strength for a move above the $94,000 and $94,500 levels. BTC started a downside correction and traded below the $92,500 support. There was a clear move below the 50% Fib retracement level of the upward move from the $87,776 swing low ...

Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially generated volatility across risk assets. While the market’s reaction has leaned bearish in the short term, on-chain data tells a very different story beneath the surface. Related Reading: The Whale Who Can’t Stop Buying: BitcoinOG Scales Ethereum Long To $280M After Price Surge According to new insights from CryptoQuant, one of the most striking signals comes from the Exchange Inflow Coin Days Destroyed (CDD) metric on Binance, which has fallen sharply to 380, its lowest reading since September 2017. CDD is one of the most important indicators for understanding long-term holder behavior because it assigns greater weight...

The launch of 21shares' XRP ETF may boost crypto adoption and competition, enhancing investor access to diverse digital assets.
The post XRP ETF from 21shares goes live after SEC declares S-1 effective appeared first on Crypto Briefing.