Analysis News

Bitcoin has witnessed a drop back below the $77,000 level, and with it, the cryptocurrency has lost its recovery above the short-term holder cost basis. Bitcoin Has Fallen Under The STH Realized Price In a new post on X, analyst Maartunn has talked about how BTC’s move above the short-term holder Realized Price ended in rejection. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor or address on the Bitcoin network. Related Reading: Ethereum Sell Signal That Last Preceded A 63% Drop Flashes Again When the spot price of the cryptocurrency is greater than this metric, it means the investors as a whole are in a state of net unrealized profit. On the other hand, the asset being under the indicator implies the dom...

XRP price extended losses and traded below $1.420. The price is now consolidating losses and faces hurdles near $1.40 and $1.4350. XRP price started another decline and traded below the $1.420 zone. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.420. XRP Price Extends Losses XRP price failed to stay above $1.4350 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4250 and $1.420 to enter a short-term bearish zone. The price even extended losses below $1.40. A low was formed at $1.3630, and the price is now consolidating...

Ethereum price started a fresh decline and traded below $2,120. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a sharp decline. The price is trading below $2,165 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,200 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,200 and started a downside correction, like Bitcoin. ETH price dipped below the $2,165 and $2,150 levels. The price even traded below $2,020. A low was formed at $1,914 on Kraken, and the price is now attempting to recover most losses....

Redis' Iris could accelerate enterprise AI adoption by bridging data retrieval gaps, enhancing efficiency, and reducing infrastructure costs.
The post Redis launches Iris, a context and memory platform for AI agents appeared first on Crypto Briefing.

Rising yields prompt a strategic shift in investor behavior, impacting tech valuations and delaying anticipated rate cuts, affecting broader markets.
The post NASDAQ leads losses as investors book profits amid rising yields appeared first on Crypto Briefing.

The scrutiny of Polymarket's dispute process highlights potential conflicts of interest, raising concerns about fairness and transparency in prediction markets.
The post Polymarket faces scrutiny as nearly 20% of dispute judges have financial ties to the bets they decide appeared first on Crypto Briefing.

The decision to pause military action highlights the delicate balance between diplomacy and conflict, impacting global markets and regional stability.
The post Trump calls off planned strike on Iran after Gulf allies’ appeal appeared first on Crypto Briefing.

Rising long-term yields could tighten liquidity, increase borrowing costs, and challenge risk assets, impacting economic growth and investment.
The post 30-year US Treasury yield hits 5.1%, highest since July 2007 appeared first on Crypto Briefing.

While the rest of the crypto market has shown more signs of an intensifying bear market, Zcash (ZEC) is making major waves. Over the last 30 days, the privacy-focused coin has surged by around 60%, while Bitcoin (BTC) and Solana (SOL) have remained relatively quiet, each slipping by single digits in the same timeframe. Nevertheless, Alex Cardichi, market expert from The Motley Fool, argues that Bitcoin, Solana and Zcash have several potential catalysts remaining this month that could trigger a fresh rebound rally. Bitcoin Could Aim For $100K, Solana Prepares Alpenglow In his latest report, Cardichi starts by discussing Bitcoin, citing the United States’ holdings of around 328,000 seized coins. He refers to comments made by White House advisor Patrick Witt on 6 May, w...

The US's conditional stance on Iran could lead to fragmented Gulf diplomacy, increasing regional uncertainty and impacting global oil markets.
The post Trump indicates US may accept Iran deal if Gulf allies support terms appeared first on Crypto Briefing.