Coinedition
AI coins are currently stuck in a chopping range, showing no clear price direction. Market sentiment has shifted as investors await real-world utility from AI blockchain projects. Broader crypto market conditions and external factors contribute to AI coins’ price stagnation.
TRX profitability shows 99.8% of addresses in profit, signaling strong investor trust. Breaking the $0.167 resistance could propel TRX to the next key level at $0.170. Rising volume of $372M signals robust trading activity supporting TRX’s bullish trend.
A US government-linked wallet was compromised for $20M in crypto, but $19.3M was quickly recovered within 24 hours of the breach. The compromised wallet was linked to Bitfinex hacker-seized funds, raising concerns about the security of government crypto assets. Blockchain investigators are actively tracking the stolen funds as the hacker attempts to launder proceeds through suspicious addresses.
XRP’s price is consolidating within a descending triangle, signaling key resistance levels. Support at $0.28275 may offer buyers a chance if XRP faces a significant downturn. Oversold conditions and weakening selling pressure hint at a potential price reversal.
Memecoins have formed a significant part of the Sui blockchain (SUI) ecosystem. The memecoins on Sui comprise about $492 million of the blockchain’s market cap. SUIJAK memecoin gained 1,874% in the past seven days.
Dogecoin’s active addresses reached a new all-time high of 9.52 million. Despite increased network activity, DOGE’s trading volume has dropped. Technical indicators suggest that DOGE may face difficulty rising toward $1 and could decline to $0.42.
Cardano Foundation account hack sparks $500K fraud through false ADAsol token promotion ADA falls 4.63% to $1.14 while trading volume rises amid market panic Cardano dismisses false claims and confirms ADA remains the foundation of its network
Bitcoin ETFs gained $10B post-election, raising total assets to $113B with institutions. Pro-crypto regulatory shifts hint at supportive policies under the new administration. Bitcoin hits $100K, while Ether ETFs see $2B inflows, outpacing Bitcoin gains.
Altcoin market cap achieved a notable landmark last week. The crypto metric closed above $425 billion for the first time since November 2021. Analysts believe it is a pivotal moment for the altcoins market.
XRP price action has printed a series of bearish daily candles, indicating a potential downtrend. XRP has dropped 5.4% in 24 hours and trades at $2.39. The eminent launch of RLUSD and approval of XRP ETFs under Trump could push XRP higher.