Analysis News

Robinhood's testnet launch could revolutionize financial markets by enabling 24/7 trading and seamless integration of traditional and crypto assets.
The post Robinhood activates testnet for Ethereum layer 2 blockchain appeared first on Crypto Briefing.

XRP price failed to surpass $1.550 and started another decline. The price is now correcting gains and might struggle to stay above $1.340. XRP price started a downside correction and declined below $1.450. The price is now trading below $1.420 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1.430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $1.320. XRP Price Dips Again XRP price failed to clear $1.550 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.50 and $1.480 levels to enter a negative zone. The price even dipped below the 23.6% Fib retracement level of the upward move from the $1.1356 swing lo...

Reports say Cardano’s price has slid low enough that a fresh wave of buyers is talking about picking up ADA on weakness. Crypto Jebb, a YouTuber with a big following, argues current levels create an attractive “buy the dip” opportunity because the downside looks smaller than the upside from here. Related Reading: After Predicting XRP’s Drop, Analyst Says The Bottom May Be In He notes ADA sits more than 90% below its all-time high and roughly 77% under its December 2024 level near $1.32. That gap, he says, changes how risk looks for someone adding to a long-term position. Market Structure Shows Patterns Traders Recognize Weekly charts are at the center of the case being made. Reports note ADA has a history of long consolidation before large rebounds, and some of those...

Goldman Sachs' diversification into XRP and Solana ETFs signals growing institutional acceptance and potential mainstream integration of altcoins.
The post Goldman Sachs discloses first XRP and Solana ETF holdings valued at $260M appeared first on Crypto Briefing.

Ethereum price started a recovery wave above $2,000. ETH is now consolidating and remain at risk of another decline below $1,980. Ethereum struggled to extend gains above $2,120 and corrected lower. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Dips Again Ethereum price managed to form a base above $1,950 and started a recovery wave, like Bitcoin. ETH price traded above the $1,980 and $2,020 resistance levels. The pair even spiked above $2,140. A high was formed at $2,168, and the price is now moving lower. There was a drop below $2,...

Bitcoin price started a recovery wave above $68,500. BTC is now struggling to clear $72,000 and might start another decline in the near term. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading below $70,000 and the 100 hourly simple moving average. There is a short-term bearish trend line forming with resistance at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,000 and $67,700 levels. Bitcoin Price Faces Resistance Bitcoin price managed to remain stable above the $66,500 zone. BTC started a recovery wave and was able to climb above the $68,000 resistance zone. The price surpassed the 50% Fib retracement level of the downward move from the $78,988 ...

Bitcoin’s latest drawdown from its all-time high is being compared to 2022 across crypto Twitter (the similarities are obvious), but some technicians argue the similarity is mostly superficial. In a series of posts, TexasWest Capital CEO Christopher Inks said the current move looks like a completed five-wave decline tied to a positioning washout, not the kind of structurally driven breakdown that defined the 2022 unwind. Bitcoin Vs. 2022: Similar Chart, Different Story? Inks’ core claim is about where the market sits in the broader pattern. “One of the differences between the current drop off the ATH and the 2022 drop of ATH is that we just appear to have completed 5 waves down,” he wrote. “Back then the same area everyone is referencing had already completed five do...

Bitcoin’s mining landscape is showing clear signs of stress as network difficulty records its largest downward adjustment since 2021. The sharp drop reflects a wave of miners shutting off machines or exiting entirely, squeezed by declining profitability, higher operating costs, and prolonged price pressure. As inefficient miners step aside and difficulty adjusts lower, the stage is set for consolidation across the mining sector. What Miner Capitulation Says About Near-Term Bitcoin Sentiment One of the most telling signals in the market is happening right now. The CEO of Coinbureau, known as Nic, revealed on X that Bitcoin mining difficulty just experienced its biggest drop since 2021, which means a meaningful number of miners are either shutting machines off or exiti...

LayerZero's breakthrough storage layer could redefine blockchain scalability and efficiency for future applications.
The post Bryan Pellegrino: Blockchain scalability is hindered by storage layer constraints, node computation inefficiencies drive up costs, and the shift towards centralization threatens decentralization | Unchained appeared first on Crypto Briefing.

The Bitcoin and Ethereum prices have rebounded from last week’s lows, providing optimism that the bottom may be in. This comes amid accumulation from whales while the crypto ETFs have seen notable inflows following last week’s outflows.  Why The Bitcoin And Ethereum Prices Are Climbing Again The Bitcoin and Ethereum prices have pumped from their last week’s lows of around $60,000 and $1,900, respectively. BTC climbed to as high as $71,000, sparking bullish sentiments that the crash to $60,000 may have marked the bottom. These price surges have come on the back of significant accumulation from both retail and institutional investors.  Related Reading: 5 Red Months In A Row: What’s Going On With Bitcoin And The Crypto Market? In an X post, on-chain analytics platform L...