Author: John Smith
Solana’s price is showing renewed downside risk after bearish engulfing candles rejected key resistance, with weakening market structure increasing the likelihood of testing sub-$80 support levels. Summary Bearish engulfing candles confirm rejection at the key $90 resistance Loss of the point of control signals weakness, favoring further downside $78–$80 support is the critical zone, with Fibonacci and liquidity confluence Solana (SOL) price action has shifted back into a vulnerable technical position after a failed attempt to reclaim higher resistance. What initially looked like a potential stabilization has now turned into renewed weakness, as sellers regain control after a rejection at a…
XRP price moved sideways on Wednesday after the developers activated the Permissioned decentralized exchange feature. Summary XRP price wavered on Wednesday after the developers activated the Permissioned DEX feature. The launch came after the recent activation of Permissioned Domains. It has formed a gravestone doji candlestick pattern pointing to more downside. Ripple (XRP) token traded at $1.4860, within the range it has held over the past few days. This price is much lower than the year-to-date high of $2.4160. Ripple reached a major milestone today by activating the Permissioned DEX feature, a unique solution for companies in the financial services…
Pi Network Coin’s price is surging this month, even as the broader crypto market remains muted, with Bitcoin stuck at $67,000. Summary Pi Network Coin price has rebounded by nearly 50% from its lowest level this month. The network will celebrate the first year anniversary of the mainnet launch on Friday. There are rising odds that it will be listed by Kraken, a top US exchange. Pi Coin (PI) token jumped to a high of $0.20 on Wednesday, February 18, up by nearly 50% from its lowest level this month. This rally has brought its market capitalization to over $1.68…
Ethereum price is compressing into a tight bearish pennant, with declining volatility and converging structure signaling that a decisive move is approaching as downside risks continue to build. Summary Bearish pennant structure suggests continuation risk, not reversal Volume expansion is required to confirm a valid breakdown $1,740 swing low is the key downside target, if support fails Ethereum (ETH) price action is approaching a critical inflection point as the market compresses into a well-defined pennant structure. Periods of tightening range and declining volatility often precede strong directional moves, and in Ethereum’s case, the broader technical context leans bearish. The prevailing trend…
Cumulative spot selling pressure across altcoins, excluding Bitcoin and Ethereum, has reached a five-year extreme, according to data released by CryptoQuant, marking one of the most persistent distribution phases in recent market cycles. Summary Cumulative altcoin buy-sell difference excluding BTC, ETH widened to about -$209b over 13 straight months, the most sell-dominant phase in 5 years. Indicator was near $0 in Jan 2025 before prolonged selling, signaling structural outflows, fading retail demand, and little visible institutional accumulation in altcoins. BTC trades well below its Oct 2025 ATH, while altcoin spot markets remain under pressure, with past cycle reversals only emerging…
Solana-based token launch platform Pump.fun is changing how creator fees work, giving users the ability to decide whether token deployers or traders should receive fee rewards. Summary Pump.fun has introduced “Cashback Coins,” allowing token creators to redirect 100% of creator fees to traders instead of themselves. Creators must choose between Creator Fees or Trader Cashback before launch, and the decision is permanently locked once the token goes live. The move aims to address concerns that some deployers collect fees without contributing ongoing value, letting the market decide who gets rewarded. Pump.fun lets traders take the fees with new cashback model…
XRP price grinds higher as XRP Ledger stablecoin velocity hits a 1-year peak, signaling rising real payment activity behind the price action. Summary XRP price trades near $1.48 with flat intraday moves but firming market cap and liquidity. Stablecoin stock on XRPL is around $425M, with transfers near $1.2B over 30 days, lifting velocity. Rising throughput, fee burn, and collateral demand improve XRP’s medium-term price setup despite wider market stress. XRP price and market snapshot As of Feb. 18, XRP (XRP) is trading around $1.48, with 24‑hour moves roughly flat to slightly positive (about +0.1% to +0.7% depending on venue).…
Bitcoin-focused public company Nakamoto Inc., led by chairman and CEO David Bailey, has signed definitive agreements to acquire BTC Inc. and UTXO Management GP, LLC in an all-stock transaction valued at approximately $107.3 million. Summary Nakamoto Inc., led by David Bailey, will acquire BTC Inc. and UTXO Management GP, LLC in a $107.3 million all-stock deal. The transaction consolidates Bitcoin media, events, and asset management businesses under one publicly listed entity. Nakamoto aims to build a vertically integrated Bitcoin platform spanning publishing, conferences, advisory, and investment strategy. The deal brings together companies closely tied to Bailey, who co-founded BTC Inc.…
Bitwise Asset Management has filed with regulators to launch a new line of exchange-traded funds tied to political prediction markets, marking its latest push into alternative investment products. Summary Bitwise has filed with regulators to launch a new line of ETFs focused on U.S. election outcomes. The proposed funds would give investors regulated access to political prediction contracts through traditional brokerage accounts. Approval is still pending, and regulators continue to review how these products fit within existing securities rules. The filing was disclosed by Bloomberg ETF analyst James Seyffart, who shared details on social media. According to the preliminary prospectus dated…
Cryptocurrency exchange Gemini disclosed plans for a leadership restructuring that will see three senior executives depart as the company narrows its geographic focus and implements cost reductions, according to a regulatory filing released Tuesday. Summary Gemini operates in more than 60 countries, but demand in certain regions proved insufficient to support continued growth. The firm plans to execute separation agreements with three executives that may allow them to remain temporarily to assist with transitions. The board appointed Chief Accounting Officer Danijela Stojanovic as interim CFO. Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler…