Analysis News

Daniel Cheung, co-founder of Syncracy Capital, says Hyperliquid’s native token HYPE is beginning to resemble Solana’s setup before its last major run, arguing that the protocol has become the clearest center of real trading activity in crypto. In a series of posts on X over the past month, Cheung laid out an increasingly aggressive thesis: Hyperliquid is not just outperforming within crypto, but could emerge as a broader financial trading platform with appeal beyond the sector. Cheung’s most direct comparison came this week. “HYPE at $35 feels similar to SOL at $20 before its last cycle rally,” he wrote, framing Hyperliquid as an early-stage winner before a broader market expansion. He tied that view to what he sees as the protocol’s current market position: “Hyperli...

Dogecoin corrected some gains and traded below $0.0950 against the US Dollar. DOGE is now holding the $0.0915 support and might aim for a fresh increase. DOGE price started a fresh downside correction below $0.0950. The price is trading above the $0.0920 level and the 100-hourly simple moving average. There is a declining channel forming with support at $0.0912 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0910. Dogecoin Price Trims Gains Dogecoin price started a downside correction after it failed to stay above $0.0980, like Bitcoin and Ethereum. DOGE declined below the $0.0965 and $0.0950 levels. There was a move below the 50% Fib retracement level of the upward move from t...

XRP price failed to stay above $1.3950 and started a downside correction. The price is now holding the $1.3680 support but is at risk of more losses. XRP price started a downside correction and declined below $1.4050. The price is now trading near $1.3720 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $1.3910 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $1.3680. XRP Price Corrects Gains XRP price failed to stay above $1.4120 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.4050 and $1.4020 levels to enter a negative zone. The price even dipped below the 50% Fib retracement level of the upward ...

The hacking incident exacerbates BONK.fun's declining market position, highlighting vulnerabilities in decentralized platforms.
The post BONK.fun team account hacked and used to launch wallet drainer on site appeared first on Crypto Briefing.

Ethereum is trading slightly above the $2,000 level as the market continues to navigate a period of uncertainty marked by sideways price action and cautious investor sentiment. After weeks of volatility across the broader cryptocurrency sector, ETH has entered a consolidation phase, with buyers and sellers struggling to establish a clear directional trend. Related Reading: TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment While price action appears relatively stable on the surface, new on-chain analysis suggests that underlying liquidity conditions may be shifting. According to a report from CryptoQuant analyst Arab Chain, Ethereum’s Scarcity Index on Binance currently sits around 0.67 while ETH trades near $2,050. The Scarcity Index me...

Bitcoin price failed to extend its recovery wave above the $70,500 zone. BTC is now consolidating and might decline again below $68,500. Bitcoin started a decent recovery wave above the $68,500 zone. The price is trading above $68,650 and the 100 hourly simple moving average. There is a key declining channel or a possible bullish flag forming with support at $68,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,400 and $68,000 levels. Bitcoin Price Faces Key Resistance Bitcoin price remained elevated and extended its increase above the $68,800 level. BTC climbed above the $69,500 and $70,000 resistance levels. The bulls pushed the price above the 61.8% Fib retracement level of the downward move fr...

Ethereum price started a recovery wave above the $2,020 zone. ETH is now struggling to clear $2,080 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,020 zone. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a declining channel forming with support at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Faces Key Resistance Ethereum price extended its recovery wave after it cleared the $1,965 zone, like Bitcoin. ETH price was able to clear the $2,000 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $2,200 swing high to the $...

Bybit blocked more than $300 million in unauthorized withdrawals during the final quarter of last year — a figure that puts February’s total crypto theft losses in sharp relief. Related Reading: Bitcoin Crosses 20 Million Coins Mined — And Only 1 In 20 Remains According to security firm Nominis, close to $50 million was stolen across the entire crypto industry last month, a fraction of what Bybit alone says it turned away in just three months. Attackers Home In On Human Error The drop from January’s $385 million in losses might look like progress, but security researchers say the more significant story is where the attacks are coming from. Social engineering — scams that trick people into handing over access — caused more cumulative damage in February than traditiona...

XRP is currently consolidating after several volatile trading sessions triggered by geopolitical tensions surrounding the Iran conflict, which briefly shook risk markets and pushed cryptocurrencies into sharp intraday swings. While price action across the crypto sector remains sensitive to macro developments, recent data suggests that parts of the altcoin market may be beginning to stabilize. Related Reading: TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment A report from CryptoQuant analyst Darkfost indicates that, despite the uncertainty that has weighed on digital assets in recent weeks, altcoins are starting to display early signals of resilience. One of the key indicators supporting this view is the performance of Total3, a metric ...

A privacy-focused stablecoin tied to Circle has quietly become part of the story behind Cardano’s recent jump in decentralized finance activity. Related Reading: Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says The token, called USDCx, was brought into the Cardano ecosystem earlier this year as part of a broader push to grow the network’s financial infrastructure — and the numbers that followed have drawn attention across the crypto community. Cross-Chain Ambitions Drive Capital Into Cardano Protocols Data shows Cardano’s total value locked — a measure of assets committed to DeFi services like lending and liquidity pools — climbed from 447 million ADA on February 26 to 552 million ADA by March 10. That’s a gain of roughly 23% in under two weeks, a...