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Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $85 zone. Solana Price Starts Downside Correction Solana price failed to surpass $92 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $90 and $88 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $76.54 swing low to the $...

Tokyo-based Metaplanet released its fiscal year 2025 results, reporting a 738% year-over-year increase in revenue.  Despite the revenue surge, Bitcoin’s drawdown weighed heavily on the firm, as a non-cash valuation loss of 102.2 billion yen ($667.52 million) pushed the company into a net loss for the year. Revenue Soars, Net Loss Follows: Inside Metaplanet’s FY2025
The post Metaplanet Reports FY2025 Results as Bitcoin Unrealized Losses Top $1 Billion appeared first on BeInCrypto.

On-chain data shows almost half of all Bitcoin is currently underwater, representing overhead supply that might need to be absorbed before a price bottom. Around 9.31 Million Bitcoin Is Now Being Held At A Loss In a new post on X, CryptoQuant community analyst Maartunn has talked about why a true Bitcoin bottom takes time to form. To illustrate his point, Maartunn has shared a chart for the Bitcoin Supply In Loss, an indicator that measures, as its name suggest, the total amount of the cryptocurrency that’s being held at a net unrealized loss. As is visible in the above graph, the Bticoin Supply In Loss shrunk down to zero as the asset set its new all-time high (ATH) back in October. Since then, however, the metric’s value has sharply expanded as the cryptocurrency h...

A Democratic lawmaker accused the SEC of favoring Wall Street and billionaires as sweeping policy rollbacks and crypto enforcement shifts under Chair Paul Atkins reshape digital asset oversight and redraw federal regulatory lines. Maxine Waters Unloads on SEC Over Sweeping Policy Rollbacks Congresswoman Maxine Waters, the top Democrat on the House Financial Services Committee, shared […]

Metaplanet reported explosive revenue and profit growth for FY2025 as it expanded its bitcoin treasury to 35,102 BTC, despite booking a sizable unrealized valuation loss. Metaplanet Revenue Surges 738% on Bitcoin Strategy Japan-listed bitcoin treasury firm Metaplanet delivered breakout financial results for fiscal year 2025, fueled by its expanding bitcoin-focused business model. The company reported […]

XRP price extended losses and traded below $1.520. The price is now consolidating losses but faces hurdles near $1.5150 and $1.520. XRP price started another decline and traded below the $1.550 zone. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $1.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.550. XRP Price Trims Most Gains XRP price failed to stay above $1.60 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.550 and $1.520 to enter a short-term bearish zone. The price even extended losses below $1.50. A low was formed at $1.4437, and the price is now cons...