Tag: Support

Bitcoin Mining Goes Smart In Japan: CAN Deploys 4.5 MW To Support Grid — Details

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Bitcoin mining is entering a new era in Japan, where it’s no longer viewed as an energy drain. The transformation is being spearheaded by Canaan (CAN), a forward-thinking initiative that integrates BTC mining into Japan’s renewable energy ecosystem to balance power demand and supply. This Is How Bitcoin Fits Into National Energy Policy In an X post, crypto analyst TheGentleTraveler has shed light on a significant and innovative development at the intersection of Bitcoin mining and energy infrastructure. CAN (Canaan Inc.) has announced a 4.5 MW smart BTC mining deployment…

NEAR Intents Approaches $3B in Swaps as it Gains Major Crypto Industry Support

Key Notes The protocol processed 6.41 million swaps across 124 assets on 20+ blockchains since December 2024 launch. Industry leaders from Bitcoin, Polygon, and Solana ecosystems have endorsed the chain-abstraction technology. Recent integrations include Tron, Cardano, and Aptos, while NEAR’s validator community approved inflation halving to 2.5%. NEAR Intents, a cross-chain and chain-abstraction protocol running on NEAR NEAR $2.07 24h volatility: 11.2% Market cap: $2.64 B Vol. 24h: $201.88 M , approaches $3 billion in all-time volume, making more than half of it in the last month alone. This happens…

Solana (SOL) Drops Toward Support — Bulls Eye Potential Recovery Base

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 ETFs Bleed $100M, Analysts Fear Major Support Break

Key Notes Bitcoin ETFs recorded $101 million in outflows on October 22. BTC price is testing key support around $108,000 amid growing selling pressure. Long-term holders are taking profits while volatility rises in options markets. US spot Bitcoin BTC $109 456 24h volatility: 1.5% Market cap: $2.18 T Vol. 24h: $77.48 B exchange-traded funds (ETFs) registered a combined $101 million in net outflows on Oct. 22, while BlackRock’s iShares Bitcoin Trust (IBIT) managed an inflow of $73.6 million. Meanwhile, Ethereum ETFs mirrored the trend, with a total net outflow of…

XRP Price Under Pressure — Bulls Attempt To Defend Key Support Zone

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…

XRP Bounce In Sight? Bulls Hold $2.38 Support As Breakout Pressure Builds

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XRP is holding firm above the $2.38 support level after a recent pullback, suggesting that bulls may still have control. As buying pressure builds, traders are watching closely for a potential breakout that could reignite bullish momentum in the coming sessions. Early Strength Fades After Hitting $2.52 Umair Crypto, in his latest market update, noted that XRP displayed initial strength after rebounding cleanly from the 50-day Simple Moving Average (SMA). The price managed to climb to around $2.52 with a solid close on the 4-hour chart, signaling renewed buyer interest…

Little-Known Altcoin Rallies As Crypto Exchange Coinbase Announces Trading Support

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A small cap payments altcoin is rallying after receiving support from Coinbase, the top US-based crypto exchange. Coinbase says it is enabling trading of the crypto asset Keeta (KTA). Keeta is a layer-1 blockchain project that aims to unify payment networks by enabling secure cross-chain transactions for real-world assets (RWAs). Last month, Coinbase added Keeta to its listing roadmap, indicating the potential to list the coin for trading in the future. Coinbase established the listing roadmap in 2022 to increase transparency, and reduce the risks of front-running and insider trading.…

Team Behind Layer 1 Cadena Discontinues Support

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The native token behind the Kadena layer 1 blockchain plummeted 60% in 90 minutes on Tuesday after its founding team announced it was winding down and ceasing all network maintenance due to “market conditions.”  In a post to X on Tuesday, Kadena said it “is no longer able to continue business operations and will be ceasing all business activity and active maintenance of the Kadena blockchain immediately.” “We are tremendously grateful to everybody who has participated in this journey with us. We regret that because of market conditions we are…

Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Analysts See $250 Rally Ahead as Solana Holds Key Support and Trading Volume Surges

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Solana (SOL) is back on the front foot after a choppy week, trading near $194 and holding a critical support band at $175–$186 that has repeatedly attracted dip buyers since August. Related Reading Price reclaimed the $190–$193 area after a sharp bounce from trendline support, with traders now eyeing a clean break over $200 to flip momentum. On the charts, Solana remains inside a descending channel of lower highs and lows, but a sustained move above $202–$211 (a confluence of the 20/50-day EMAs and key Fibonacci levels) would mark a…