Category: Other Crypto News

XRP Price Revisits $1.40 Level, Recovery Hopes Hang In Balance

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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…

Aave’s TVL Falls $8B After $293M Kelp DAO Hack

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Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad debt” on the protocol and triggering withdrawals. Data from DeFiLlama shows that Aave’s TVL fell from about $26.4 billion to $18.6 billion by Sunday, losing the top spot as the largest DeFi protocol.  Aave v3’s lending pools for USDt (USDT) and USDC (USDC) are now at 100% utilization, meaning that more than $5.1 billion worth…

Ethereum Price Loses $2,350 Level, Traders Eye Rebound Signals

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Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction from the $2,465 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,250 zone. Ethereum Price Dips Again Ethereum price failed to remain stable above $2,420 and…

Bitcoin Price Gives Back Gains, But Structure Remains Bullish

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Bitcoin price started a fresh decline from the $78,400 zone. BTC is consolidating and might struggle to stay above the $73,500 support. Bitcoin failed to stay above $76,500 and corrected gains. The price is trading below $75,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $75,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,500 and $76,000 levels. Bitcoin Price Dips Again Bitcoin price failed to…

Stablecoins Do Not Threaten Banking Just Yet: Analyst

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The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization.  “So far, the use of stablecoins remains limited, but their market capitalization exceeded $300 billion at the end of last year,” Abhi Srivastava, associate vice president of Moody’s Investors Service Digital Economy Group, told Cointelegraph. The stablecoin market cap has surged past $300 billion. Source: RWA.xyz The…

Hodler’s Digest, April 12 – 18

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Top Stories of the Week Russia introduces bill to criminalize unregistered crypto services Russia’s government submitted a bill to its parliament’s lower house to amend the country’s legal code and impose criminal liability on crypto services offered without regulatory approval or licensing. In a draft law sent to the State Duma on Friday, Russian lawmakers proposed that entities “carrying out activities related to the organization of digital currency circulation,” that operate without a license from Russia’s central bank, could be subject to criminal liability. Without registration with the Bank of…

Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Current BTC Price Action Shows Dramatic Underperformance: Analyst

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The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. Thorn compared price action since the April 2024 Bitcoin halving to cycles triggered in 2012, 2016 and 2020; the current cycle shows significantly dampened volatility and lower upside. The all-time high above $125,000 on Oct. 5, 2025 was only 97% above the 2024 halving price around $63,000. BTC’s price increased by about 9,294% during the 2012 halving cycle, reaching a high of about…

Ethereum Flips Important Resistance, ETF Demand Returns, Analysts Eye Next Leg Higher

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Ethereum is flashing a combination of technical and on-chain signals that analysts say could be the beginning of a meaningful recovery. For the first time in months, the structure of Ethereum’s price action appears to be shifting in the favor of bulls. The latest price action has brought the ETH price back above $2,300, setting up a structure that says the next leg is about to start. Related Reading Technical Levels Reset, Analyst Flags Breakout Conditions Crypto analyst Ash Crypto drew attention to Ethereum’s price action this week, pointing to…

Kelp Exploit Spread ‘Contagion’ Throughout DeFi Ecosystem: Crypto Execs

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The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according to crypto industry executives and blockchain security firms. Non-isolated lending on DeFi platforms, including earlier versions of the Aave lending protocol, exposes users to risks from all the various tokens used as collateral on the platforms, according to Michael Egorov, founder of the Curve Finance DeFi protocol. Kelp was the target of a cyber attack on Saturday, causing the platform to pause smart contracts for its…