Category: Analysis

Dogecoin (DOGE) Extends Losses – Is This the Final Shakeout Before Big Rally?

Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.260. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a decent recovery wave if it stays above the $0.2250 zone. Dogecoin Price…

XRP Price Rebound Faces Wall – Key Technicals Suggest Limited Upside Ahead

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin Price Dips Again – Could This Spark Panic Selling Across Crypto Market?

Bitcoin price extended losses after it traded below $115,000. BTC is now moving lower and might even test the $110,500 support zone. Bitcoin started a fresh decline below the $115,000 zone. The price is trading below $114,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay the $116,500…

Polkadot’s Largest DeFi Protocol Hydration Launches Decentralized Stablecoin

Key Notes The new stablecoin uses the HOLLAR Stability Module for automated price support and partial liquidations. Polkadot founder Gavin Wood endorsed the launch, preferring it over centralized alternatives like USDC. Four specialized liquidity pools will be created outside Hydration’s Omnipool for enhanced trading venues. Hydration, a primary protocol in the Polkadot ecosystem, has launched HOLLAR, a decentralized stablecoin designed to address existing market weaknesses. The release, announced on September 22, completes Hydration’s vision to combine trading, lending, and stable value storage on its dedicated app chain. HOLLAR operates as…

Canary Capital Confirms HBAR Spot ETF Fee as Approval Odds Hit 90%

Key Notes Canary Capital’s HBAR ETF carries a 1.95% management fee, significantly higher than its 0.95% Litecoin ETF offering. HBAR trading volume jumped 152% to $438 million despite a 7% price drop to $0.22 on filing day. Bloomberg analysts maintain 90% approval odds for altcoin spot ETFs following regulatory stance improvements this year. Asset manager Canary Capital filed an amendment to its S-1 registration for the Canary Spot ETF on Monday, Sept. 22,  formalizing the fee structure for its proposed product. According to the latest SEC filing, Canary Capital is…

Analyst Predicts XRP Price Will Definitely Reach $10,000, Gives Reasons Why

Crypto analyst Xena has declared that the XRP price will definitely reach $10,000. The analyst further gave reasons why she holds this belief and likened XRP’s potential run to that of Bitcoin.  Why The XRP Price Will Reach $10,000 In an X post, Xena asserted that the XRP price will reach $10,000 without a doubt. She noted that some market participants argue that XRP should at least cross its all-time high (ATH) first before such projections, but the analyst believes that is not the point. The analyst suggested that market…

Mantle (MNT) Emerges Sole Crypto Gainer as Bybit Confirms New Trading Terms

Key Notes Bybit introduced enhanced benefits for MNT holders including improved leverage terms and discount buying options with savings up to 6.89%. Trading volume surged 103.6% to $486 million while Bitcoin fell 2.6% and Ethereum dropped 7% during the same period. The rally coincided with Mantle’s community campaigns around Korea Blockchain Week and new Keychron Keyboard product launch. Mantle MNT $1.70 24h volatility: 8.9% Market cap: $5.53 B Vol. 24h: $494.36 M price hit $1.70 on Monday, Sept. 22, gaining 8% to emerge the only top 20-ranked cryptocurrency in profit…

Strive Acquires Semler Scientific in All-Stock Deal, Creates 10,900 Bitcoin Treasury

Key Notes The acquisition was completed at a 210% premium, valued at approximately $90.52 per share on the transaction date. Strive recently added 5,816 Bitcoin to its corporate treasury at an average cost of $116,047 per Bitcoin unit. The merged entity now ranks as the 12th largest public Bitcoin holder globally with 10,732 total coins. Strive, Inc., a financial services firm co-founded by current Ohio gubernatorial candidate Vivek Ramaswamy, has purchased medical technology firm Semler Scientific in an all-stock transaction that will see the two firms combine their Bitcoin treasuries.…

Plasma Launches Revolutionary USDT-Native Neobank with 10%+ Yields

Key Notes Plasma raised $74 million at $500 million valuation with Bitfinex leading Series A funding round participation. The super-app enables direct stablecoin payments with fee-free transfers and global coverage across 150 countries. USDT maintains $172 billion market cap as largest stablecoin while generating $179 billion daily trading volume. The recently launched Tether-backed, purpose-built layer-one (L1) blockchain for stablecoins, Plasma, announced Plasma One on September 22—a super-app that is a stablecoin-native neobank and card. Both the Plasma network and the super-app will have their operations centered around USDT initially. According…

Forward Industries Brings NASDAQ Shares to Solana

Key Notes Forward Industries will tokenize its NASDAQ-listed stock (FORD) on the Solana network. Superstate’s Opening Bell platform will enable 24/7 trading and use in DeFi. Forward’s new strategy remains as a major Solana treasury company after a $1.65B raise. Forward Industries, a company listed on the NASDAQ stock exchange under the ticker FORD, has announced plans to tokenize its common stock on the Solana SOL $219.1 24h volatility: 7.6% Market cap: $119.16 B Vol. 24h: $10.94 B blockchain. The initiative is a collaboration with the financial technology firm Superstate…