Tag: Support

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…

Bitcoin Flips Key Support, Bulls Now Target $117,000

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Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal support zone that previously acted as resistance. With momentum now building, the focus has shifted to the next major test: the $117,000 resistance level. A decisive move above this threshold would not only confirm the continuation of the current rally but also set the stage for a potential run toward new highs. Daily Support Flip Confirms Bullish Control Alpha Crypto Signal, in a recent market update, pointed out that BTC is showing renewed strength on the daily…

Bitcoin.com Launches Fundraiser to Support Charlie Kirk’s Family With Bitcoin and Crypto Donations

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Bitcoin.com today announced the launch of a dedicated fundraiser to support the family of Charlie Kirk, following his tragic passing. The initiative invites the global crypto community to contribute using Bitcoin and leading digital assets, ensuring 100% of proceeds are delivered directly to Kirk’s family. Charlie Kirk was not only a passionate advocate for freedom […] Original

BTC’s chance of new price highs grows as key support falls

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Key points: Bitcoin’s recovery remains on track, backed by solid demand from the spot Bitcoin ETF buyers. BNB, HYPE, and SOL are leading the altcoin charge higher, signaling solid buying by the bulls.  Bitcoin (BTC) rose to $116,495 on Friday, and the relief rally is backed by solid buying in the spot BTC exchange-traded funds (ETFs), which witnessed $1.7 billion in net inflows this week, according to data from SoSoValue. Crypto trader and analyst Matthew Hyland spotted the most extreme level of tightness on the Bollinger Bands on the monthly…

Elliott Management Warns Of ‘Inevitable Crypto Collapse’ Linked To White House Support

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Elliott Management, the activist investment firm led by Paul Singer, has raised concerns regarding the cryptocurrency market, suggesting that it may be on the brink of an “inevitable collapse.” In a recent investor letter reported by Fortune, the firm attributed the inflation of this so-called “crypto bubble” to the perceived endorsement from the White House, particularly during President Donald Trump’s administration. Impending Crypto Collapse Ahead? The letter articulated fears that the US government’s backing of cryptocurrencies could undermine the dollar’s position as the world’s primary reserve currency.  Related Reading Elliott…