The launch of spot exchange-traded funds (ETFs) tracking Dogecoin in the United States was met with muted enthusiasm. Inflows into Grayscale and Bitwise’s ETFs were limited in their first week of trading, despite the hype around the first-ever Dogecoin ETFs. But even as ETF inflows sputter, some technical analysts argue that DOGE might still undergo a strong price rally, possibly all the way to $1, if important support levels hold. Related Reading Spot DOGE ETFs Off To A Slow Start When Grayscale rolled out its Spot DOGE fund (GDOG) on…
Tag: Support
Crypto Community Comes Together to Support Hong Kong Tai Po Fire Victims
Key Notes Bitget leads donations with $1.5M directed to hospitals, emergency services, and displaced families rehabilitation programs. Binance, Crypto.com, Hashkey, OKX, and HTX each committed $1.3M to fire relief efforts for affected Hong Kong residents. The tragedy displaced 900 residents after flammable construction netting allegedly caused one of Hong Kong’s deadliest fires. Cryptocurrency and blockchain companies around the globe have rallied to support victims of Wang Fuk Court fire in Tai Po, Hong Kong with monetary donations. The fire in Tai Po marked one of the deadliest fires in Hong…
SOL Holds $140 Support as Upbit Hack Fails to Shake Solana Ecosystem
Solana (SOL) is showing remarkable resilience this week, holding firmly above the critical $140 support zone despite heightened market anxiety following a $37 million hack on South Korea’s Upbit exchange. The stability comes at a time when institutional interest in Solana is accelerating, highlighted by Franklin Templeton’s recent Form 8-A filing with the U.S. SEC to launch a Solana ETF. Franklin Templeton’s Solana ETF Fuels Institutional Momentum The global investment giant, which manages $1.67 trillion in assets, is positioning itself at the forefront of crypto-focused investment products. The proposed ETF…
Bitcoin Price Watch: $86K Support Holds — But for How Long?
Bitcoin may be clinging to the $86K level like it’s got something to prove, but make no mistake — this market’s got more layers than a blockchain protocol. Despite a flicker of life in the 4-hour chart, the broader technicals are flashing warning signs like a miner’s rig overheating in July. Bitcoin Chart Outlook Let’s […] Original
Solana Rebounds Strong as Massive ETF Inflows Reinforce $128 Support Zone
Solana (SOL) is staging an impressive comeback as renewed institutional demand supports the network’s key support levels. Related Reading The latest surge in investor interest, led by a record-breaking inflow into Bitwise’s Solana ETF, has helped the asset stabilize after weeks of market turbulence, offering fresh optimism for a potential trend reversal. SOL’s price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Record Solana ETF Inflows Signal Renewed Institutional Confidence Bitwise Asset Management recorded a historic $39.5 million single-day inflow into its Solana ETF, the largest…
Prediction Market Kalshi Adds NEAR Support for US Users, Momentum Heats Up
Key Notes The integration provides NEAR tokens with additional utility as a trading currency on one of the largest prediction markets. NEAR trades at $1.89 near year-long support levels, with analysts suggesting potential upside to resistance zones around $3. NEAR Intents protocol recently surged from $2 billion to $6 billion in volume within 45 days, showing strong ecosystem growth. Kalshi, one of the leading prediction markets by traded volume, has added support for the Near Protocol, enabling NEAR NEAR $1.88 24h volatility: 4.2% Market cap: $2.42 B Vol. 24h: $269.74…
Wall of Resistance: Cryptoquant Warns of Fading Demand as Bitcoin Falls Toward Critical Support
Bitcoin’s market structure has entered its most bearish phase of the cycle, according to new onchain and market insights from Cryptoquant’s researchers. Bitcoin Faces Strong Resistance Above Bitcoin is showing its weakest conditions since the bull cycle began in early 2023, according to a detailed analysis from analysts at cryptoquant.com. With bitcoin now trading near […] Original
Solana’s Next Major Wave Depends On How The Price Behaves Inside This Support
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Anchorage Digital Adds HYPE Staking Support on HyperCORE
Anchorage Digital has expanded its support for the Hyperliquid ecosystem by adding HYPE staking on HyperCORE, complementing its existing HYPE custody services on HyperEVM. Staking, the process of locking crypto to secure a blockchain network in exchange for earning rewards, is being offered through Anchorage Digital Bank and through Anchorage Digital Singapore, which holds a Major Payment Institution license. The company said staking will also be available through Porto, its self-custody wallet. The bank is partnering with staking infrastructure provider Figment to run the underlying validator infrastructure, it said in…
Bitcoin Policy Institute Launches Interactive US Tax Payment Model in Support of Bitcoin For America Act
Key Notes The Bitcoin for America Act aims to codify a national Bitcoin reserve while allowing Americans to remit federal taxes using cryptocurrency. BPI’s tax payment model projects net advantages ranging from $34.6 trillion to $1.11 quadrillion depending on adoption rates and timeframes. The bill frames Bitcoin accumulation as a national security priority, citing competition with China and Russia in strategic crypto reserves. Nonpartisan crypto policy think tank The Bitcoin Policy Institute has offered its official endorsement for the Bitcoin for America Act of 2025, which would allow citizens to…