Analysis News

Binance's ADGM authorization strengthens its global regulatory compliance, enhancing trust and expanding its influence in digital finance.
The post Binance secures full ADGM authorization for exchange, custody, and broker-dealer services appeared first on Crypto Briefing.

Coinbase's re-entry into India could intensify competition among global exchanges, potentially accelerating crypto adoption in the region.
The post Coinbase resumes user registrations in India, plans fiat on-ramp by 2026 appeared first on Crypto Briefing.

XRP price started a recovery wave above $2.050. The price is now showing positive signs but might struggle to clear the $2.10 resistance. XRP price started a recovery wave above the $2.050 zone. The price is now trading above $2.060 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.090 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.160. XRP Price Faces Uphill Task XRP price remained supported above $2.00 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $2.020 and $2.050 to enter a positive zone. There was a clear move above the 23.6% Fib retracement level of the downward move from the $2....

Ethereum price started a fresh increase above $3,000. ETH is now consolidating gains and might aim for more gains above $3,150. Ethereum started a fresh increase above the $3,000 and $3,020 levels. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,150 zone. Ethereum Price Eyes Additional Gains Ethereum price managed to stay above $2,920 and started a fresh increase, like Bitcoin. ETH price gained strength for a move above the $3,000 and $3,020 resistance levels. Recently, the price saw a downside correction from the $3,240 zone. There was a drop below the 50% ...

Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650. Bitcoin started a fresh increase above the $90,500 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $90,000 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 $91,650 zone. Bitcoin Price Faces Resistance Bitcoin price managed to stay above the $90,500 zone and started a fresh increase. BTC gained strength for a move above the $91,500 and $92,500 levels. There was a clear move above the $93,000 resistance. A high was formed at $94,050 and the price recently correct...

Dogecoin has just celebrated its 12th anniversary, a milestone that arrives during a period of shaky price action. The meme coin has spent the majority of recent days trading with a bearish tone, but its anniversary places into perspective how much the crypto environment has changed since the token’s joke-related launch in 2013.  The celebration comes as analysts continue to debate whether Dogecoin’s long accumulation structure is nearing a turning point, and its next breakout might define its 13th year. Related Reading: Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says A Milestone That Shows How Far Dogecoin Has Come Dogecoin began as a lighthearted project by developer Billy Markus and Adobe sales employee Jackson Palmer in order to poke...

The latest market conditions have pushed hopes of an altcoin season even further out of reach. Bitcoin continues to dominate the market with a 59.6% share, and its recent struggle to hold bullish momentum has not translated into any meaningful boost for altcoins.  Related Reading: Italy’s Market Watchdog Gives Crypto Firms A Clear Order: Act Or Exit Broader sentiment has weakened as well, with the CMC Altcoin Season Index registering just 20, which still places the entire market in a Bitcoin-favored phase. Meanwhile, a critical indication has been detected from on-chain data that suggests this may be a rare moment to accumulate strong altcoin positions before conditions eventually turn. Altcoins Stay Subdued As Market Sentiment Worsens Altcoin performance has really ...

Prominent market analyst Michael Van de Poppe has shared four market conditions that would confirm an altcoin market rally. Meanwhile, the cryptocurrency market continues to experience a widespread correction, weighing down the price growth of several assets. Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins? Ethereum has shown more resilience in the last month than Bitcoin, which is largely interpreted as a bullish signal for altcoin enthusiasts. In the last week alone, the prominent altcoin reported a slight market gain of 0.86% compared to Bitcoin’s loss of 1.95%. When Ethereum outperforms Bitcoin, it encourages increased altcoin activity, as investor confidence spreads beyond the market leader into the broader crypto ecosystem. However, a full altcoin ma...

Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Related Reading: Here’s Why Bitcoin Volatility Sparks Fresh Attention On MicroStrategy Binance Records $40B Loss In BTC Monthly Spot Trading  The spot trading volume refers to the total amount of Bitcoin that is bought and sold for immediate delivery on exchanges within a specific time period. It is a key market indicator used to gauge participation, liquidity, and investor interest. According to Darkfost in an X post on December 6, the Bitcoin market, i...

Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024 In a December 6 post on the X platform, CryptoOnchain hypothesized that a local bottom appears to be forming for the price of Bitcoin. According to the market pundit, the selling pressure, especially amongst long-term holders, seems to be fading off at the moment. Related Reading: Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000 This market observation centers on the Spent Output Profit Ratio (SOPR...