Author: John Smith
In this week’s edition of the weekly recap, President Donald Trump denied awareness of reported UAE investment in World Liberty Financial, and China’s central bank joined nine agencies in banning unapproved yuan-linked stablecoins. Trump distances himself from World Liberty investment… Source link
Polygon price crashed and erased all the gains it made earlier this year despite its strong fundamentals, including its growing market share in the payment industry and its growing burn rate. Summary Polygon price has crashed and erased most of the gains it made earlier this year. Data shows that its payment transaction volume has soared in the past few months. Technical analysis suggests that the token will rebound in the coming weeks as it has formed a double-bottom pattern. Polygon (POL), whose ticker was previously known as MATIC, was trading at $0.095, down sharply from the year-to-date high of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Nexus International hits $1.2 billion revenue as billionaire Gurhan Kiziloz sets sights on $100 billon long-term growth. Summary Nexus International hits $1.2b revenue as founder Gurhan Kiziloz targets $100b without outside investors. After five bankruptcies, Gurhan Kiziloz has built a $1.2b revenue empire while retaining full ownership. Spartans.com’s casino-only strategy powers Nexus growth, avoiding dilution while competing with Stake and bet365. Gurhan Kiziloz, the self-made billionaire behind Nexus International, is not one to celebrate mid-journey. His company just crossed…
Bitcoin price has rebounded from a critical multi-year channel support near $62,500, raising the question of whether a high-timeframe bottom may be forming. Summary $62,500 marks multi-year channel support, active since March 2021 Confluence with value area high strengthens the bounce, increasing reaction probability Accumulation is required, to confirm a sustainable move toward the channel midpoint Bitcoin (BTC) price action has recently reacted from a major technical support zone that has defined market structure for several years. After an extended bearish expansion, BTC has revisited the lower boundary of a multi-year ascending channel that has remained intact since March 2021.…
Pi Network price stabilized near its all-time low as optimism rose that it would be listed on Kraken, a top crypto exchange. Summary Pi Network price crashed to a record low amid the ongoing crypto crash. Kraken, a top crypto exchange, has added it to its listing roadmap. Technical analysis suggests that it has more downside to go in the coming days. Pi Network (PI) rose to $0.1450, a few points above the all-time low of $0.1300. It remains significantly lower than the all-time high of $3, with its market capitalization falling from nearly $20 billion to $1.3 billion today.…
XRP price is slowly forming a giant hammer candlestick pattern, pointing to an eventual rebound, as Ripple prepares the launch of its permissioned DEX features to the network. Summary XRP price has dropped in the last five consecutive weeks as the crypto market crash accelerated. Ripple plans to launch its permissioned DEX tool that will boost the XRP utility soon. Technical analysis suggests that it has formed a hammer candlestick pattern on the weekly chart. Ripple (XRP) token was trading at $1.4120, up by 25% above its lowest level this week, matching the performance of other top tokens like Ethereum,…
Social media mentions of crypto “crash” spiked when Bitcoin fell to $60,000 on February 5, causing an immediate price rebound according to Santiment data. Summary Santiment data shows “crash” mentions spiked as Bitcoin hit $60K on Feb. 5. BTC rebounded 13% to $67K as panic selling marked a local bottom. Arthur Hayes links the selloff to IBIT structured product hedging, not fundamentals. The sentiment analytics platform found that when traders declare a crash has happened rather than simply observing a dip, prices typically bottom and reverse course. Bitcoin (BTC) recovered 13% from the $60,000 low to reach $67,000 today. However,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockDag closes $453m presale ahead of Feb 16 listing as Remittix surges with 300% bonus and growing investor demand. Summary Remittix raises $28.9m and launches its crypto-to-fiat platform Feb. 9, drawing strong investor attention in 2026. CertiK-audited Remittix gains traction with live wallet access, real-world utility, and a limited 300% bonus offer. Over 703m tokens sold as Remittix positions itself as a leading PayFi project bridging crypto and fiat payments. The crypto market is buzzing, especially with the recent…
Bitcoin ETFs recorded $330.67 million in net inflows on February 6, ending a three-day outflow streak that drained $1.25 billion from products. Summary Bitcoin ETFs recorded $330.7M in inflows on Feb. 6, ending a $1.25B outflow streak. BlackRock’s IBIT led with $231.6M as BTC rallied 6.6% above $70,000. Ethereum ETFs diverged with $21.4M in outflows, led by BlackRock’s ETHA. BlackRock’s IBIT led with $231.62 million in inflows. At the same time, Ark & 21Shares’ ARKB has brought in $43.25 million and Bitwise’s BITB posted $28.70 million in inflows. The reversal came as Bitcoin (BTC) price climbed 6.6% over 24 hours…
The crypto crash accelerated this week, with Bitcoin price plunging to $60,500, its lowest level since October 2024, and the market capitalization of all coins moving to $2.2 trillion. Summary The crypto crash accelerated this week as most coins tumbled. The Fear and Greed Index has fallen to extreme levels. Technical analysis suggests that it has become highly oversold. Why the crypto crash is happening The ongoing crypto market retreat is influenced by a mix of global economic concerns and investor sentiment. Rising tensions between the U.S. and Iran have added uncertainty, with both sides issuing warnings that any escalation…