Tag: Support

Democrats Signal Support for Bipartisan Solution to Market Structure Bill

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A group of Democratic senators in the US Congress has signaled its intention to work with Republicans on advancing legislation to establish a digital asset market structure framework. In a Friday statement, 12 Democrats, including members of the Senate Banking Committee and Senate Agriculture Committee, issued a statement ahead of an expected vote on a crypto market structure bill pushed by Republican leadership. “We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of this scale,” the statement reads. “Given our shared…

Bitcoin.com Launches Accelerator to Support the Next Generation of Bitcoin and Crypto Startups

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Bitcoin.com, the most accessible and trusted entry point into Bitcoin and the broader crypto ecosystem, today announced the launch of the Bitcoin.com Accelerator, a program designed to identify, support, and amplify high-potential projects building at the intersection of Bitcoin, crypto, culture, and commerce. The Accelerator provides startups with access to Bitcoin.com’s vast distribution network, technical […] Original

XRP Needs To Defend $2.98 Support To Avoid Deeper Correction And Preserve Bullish Structure

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XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto analyst CasiTrades has pointed out a decisive support level that could determine whether the bullish structure remains intact. Related Reading XRP Tests $2.98 Support Zone Taking to the social media platform X, crypto analyst CasiTrades…

Bitcoin Holds $117,500 On Retail Support While Whales Stay Quiet

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Bitcoin (BTC) is holding near $117,500, up about 6.1% over the past two weeks. However, recent data from Binance shows that BTC’s current price action is largely supported by retail investors, while whales have been noticeably absent. Bitcoin Holds $117,500 Amid High Retail Inflows According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin is hovering around the $117,500 price level, supported by active inflows from retail investors. Notably, large whale inflows have been completely absent, indicating that the current market is being driven by individuals more than by…

Bitcoin Holds $115K Support as Fed Cuts Rates by 25 Basis Points

Key Notes Federal Reserve delivered smaller 25bp rate cut versus market expectations of 50bp reduction amid inflation concerns. Crypto liquidations totaled $267M in 24 hours with minimal $36M occurring immediately after Fed announcement. Short squeeze potential builds at $118K level where $1.8B in positions face liquidation risk above this threshold. Bitcoin BTC $116 541 24h volatility: 0.2% Market cap: $2.32 T Vol. 24h: $55.05 B price found support above $115,000 on Wednesday, September 17, as markets absorbed the US Federal Reserve’s latest move. The Fed opted to cut rates by…

Will Bulls Drive Toward $1 or Risk Losing Support?

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Cardano (ADA) is trading at $0.876 with a daily volume of $1.28 billion, but sellers remain in control after a sharp 7% decline over two days. On-chain data from Santiment shows the Network Realized Profit/Loss (NPL) metric spiking to its highest level since July, signaling that many investors are cashing out profits. Related Reading This wave of profit-taking, while not a sign of structural weakness, has capped ADA’s recovery attempts. Analysts emphasize that defending the $0.87–$0.85 support range will be crucial to maintaining ADA’s broader bullish outlook. ADA’s price trends…

Google Launches AI Payment Protocol With Stablecoin Support

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Google has unveiled an open-source protocol that allows AI applications to send and receive payments, including transactions using stablecoins — highlighting the growing role of dollar-pegged cryptocurrencies in the emerging AI-driven web. The initiative is being launched in partnership with Salesforce, American Express and more than 60 other companies, Fortune reported Tuesday. Stablecoin functionality was developed in collaboration with crypto exchange Coinbase, and the Ethereum Foundation was also consulted on the project.  James Tromans, head of Web3 at Google Cloud, confirmed the rollout, telling Fortune that the protocol was designed…

Ripple Donates $25M RLUSD Stablecoin to Support American Veterans, Small Businesses

Key Notes Ripple commits $25 million in RLUSD stablecoin to support small businesses and veteran career development programs. XRP technical analysis shows consolidation at $3.00 with neutral RSI and potential upside toward $3.20 resistance level. Community sentiment improves following Rabby Wallet XRPL integration and consecutive charitable donations this week. Ripple XRP $2.99 24h volatility: 1.4% Market cap: $178.46 B Vol. 24h: $5.79 B price continues to hold firm above the $3 support level, as jitters around US inflation and the Fed rate decision dampened crypto market sentiment on Monday. Ripple‘s…

PayPal Launches Shareable ‘PayPal links’ P2P Payment Service With Upcoming Crypto Support

Key Notes New PayPal links feature enables peer-to-peer payments through shareable URLs with crypto integration planned for soon. The service complements PayPal’s existing Pay with Crypto offering that supports over 100 cryptocurrencies for merchants. PayPal targets 20 million small businesses for PYUSD stablecoin integration while expanding individual user adoption strategies. PayPal has launched a new P2P feature that allows users to send and request payments via shareable links. The company says it will soon support crypto, enabling cross-border, instantaneous P2P transactions that can be initiated from virtually any digital space.…

Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

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Ethereum price started a fresh increase and climbed above $4,700. ETH is now correcting gains and might aim for another increase if it clears $4,685. Ethereum is now eyeing an upside break above the $4,650 zone. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $4,660 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,650 and $4,685. Ethereum Price Eyes Fresh…