Cardano Targets $10.40 As ‘2020 Blastoff’ Pattern Returns: Analyst

Cardano (ADA) is getting the โ€œ2020 blastoffโ€ treatment again โ€” at least if you ask Quantum Ascend, a technical analyst on X who says the chart is starting to rhyme with the setup that preceded ADAโ€™s last major run. In a Dec. 13 video shared on X, Quantum Ascend (@quantum_ascend) told followers heโ€™s been working through a longer-term weekly count and thinks the market may be grinding toward the end of a drawn-out corrective structure. The punchline: a โ€œconservativeโ€ target zone around $4.88โ€“$5.50, and a โ€œprimaryโ€ bull-run target of $10.40.…

Ethereum Price Sinks Under $3Kโ€”Is Volatility About to Explode?

Ethereum price started a fresh decline below $3,000. ETH is now consolidating and might soon aim to start a recovery wave above $2,980. Ethereum started a fresh decline from the $3,175 zone. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,920 zone. Ethereum Price Dips 5% Ethereum price failed to stay above…

ITโ€™S RIGGED! Kevin Oโ€™Leary Warns โ€˜Buckle Upโ€™ Bitcoin & Ethereum Holders

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Senate Delays Crypto Market Structure Bill Until 2026

The US Senate Banking Committee has postponed markup hearings on crypto market structure legislation until 2026, despite earlier hopes for a hearing this week.ย  In a statement on Monday, a spokesperson for Senate Banking Committee chair Tim Scott confirmed that the committee will not hold a market structure markup this year. โ€œChairman Scott and the Senate Banking Committee have made strong progress with Democratic counterparts on bipartisan digital asset market structure legislation,โ€ the spokesperson said. They added that Chairman Scott had been clear that the effort should be bipartisan.ย  โ€œHe…

Bitcoin Price Drops 5%โ€”Is the Downtrend Back in Control?

Bitcoin price corrected gains and traded below the $88,000 support zone. BTC is now consolidating and might struggle to clear the $88,500 zone. Bitcoin started a fresh decline from the $90,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $89,000 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 $85,000 zone. Bitcoin Price Dips Further Bitcoin price failed to…

Trump Says Heโ€™ll Examine Case of Samourai Wallet Developer

US President Donald Trump says he will review the case of convicted Samourai Wallet developer Keonne Rodriguez, hinting he will explore the possibility of a pardon. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison on charges stemming from their involvement in the crypto mixing protocol. โ€œIโ€™ve heard about it, Iโ€™ll look at it,โ€ Trump said when asked about the case at a press conference about the Mexican border at the White House on Monday. โ€œOkay, letโ€™s take a…

Whatโ€™s Really Causing This Crypto Dump! [The Brutal Truth!]

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Cardano SuperTrend Turns Bearishโ€”Last Signal Preceded 80% ADA Drop

A cryptocurrency analyst has pointed out how Cardano has formed a technical analysis (TA) signal on its weekly chart that last led into a major price drawdown. Cardano SuperTrend Has Flipped Bearish In a new post on X, analyst Ali Martinez has talked about a signal that has appeared in the SuperTrend of Cardano. The “SuperTrend” refers to a TA indicator that’s generally used for determining whether a given asset is following a bearish or bullish trend. It’s built using the Average True Range (ATR), another TA indicator that measures…

Smart Money Is Selling ๐Ÿ’€ Crypto Crash Analysis

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Bitcoin Could Drop To $70K As Bank Of Japan Rate Move Approachesโ€”Analysts

Bitcoin risks a further drop toward the $70,000 area if the Bank of Japan follows through with an expected interest-rate rise on Dec. 19, analysts focused on macro forces warned. Related Reading According to multiple macro-focused voices, the move could sap global liquidity and put fresh downward pressure on risk assets, with some traders already bracing for a sharp pullback. Japanโ€™s policy shift matters because higher rates tend to strengthen the yen and raise the cost of borrowing. When that happens, traders who previously borrowed cheaply in yen to invest…