Coin overview
ATH
Ended--
Last price (USDT)
301.74K
24h total (USDT)
1.14M
Total vol (USDT)
2024-06-05 08:00:00 ~ 2024-06-12 09:30:00
Trading time (UTC+0)
2024-06-13 04:00:00
Delivery time (UTC+0)
Total supply42.00B
Resources
Introduction
Aethir is the only enterprise-grade AI-focused GPU-as-a-service provider in the market. It's a decentralized cloud computing infrastructure that allows GPU providers (containers) to meet enterprise clients who need powerful H100 chips for professional AI/ML tasks. Aethir also supports cloud gaming clients with their virtual computing phones and GPU's through contracts with the world's largest telecommunication company. Everything within the Aethir ecosystem will be decentralized and community-owned.
Bitcoin Plummets To $88K But Smart Money Are Buying BTC Bull Token
Although the Bitcoin price has plummeted to $88,000, the meme coin alternative BTC Bull token is exploding, nearing $3M in the $BTCBULL presale. The BTC Bull Token ($BTCBULL) reached a new funding milestone on Tuesday, raising $2.75 million in total. Despite a turbulent market, this achievement comes with $BTC dipping below $90,000 on Monday amid rising uncertainty. The decline followed U.S. President Donald Trump’s renewed push for tariffs on Mexico and Canada and OKX’s $500 million fine for illegally serving U.S. customers. Yet, BTC Bull Token remains unfazed. Presale buyers continue to back the project, driving its two-week-old presale to a daily run rate exceeding $180,000. With less than 24 hours remaining in the current presale stage, the price of $ BTCBULL is set to rise from $0.00238 per token. Investors looking to secure a lower price should act quickly. Bitcoin Price Dropped To $88,000: Retail Market Hits Extreme Fear Early Tuesday morning, Bitcoin crashed from $91,000 to about $88,000, with further declines occurring in less than an hour. The leading cryptocurrency traded as high as $96,000 on Monday, but market sentiment has shifted toward fear as bearish developments continue to emerge. Investor concerns were already mounting due to the Federal Reserve’s hawkish stance. Still, Trump’s push for 25% tariffs on Canada and Mexico has only intensified the negative sentiment, driving the Fear & Greed Index near “Extreme Fear.” Crypto Fear and Greed Index | CoinMarketCap Adding to the turbulence, one of the world’s largest cryptocurrency exchanges, OKX, settled with the U.S. Department of Justice, agreeing to pay over $500 million in penalties and forfeited fees after operating as an unlicensed money transmitter. At its current price, Bitcoin is trading at levels not seen since November of last year. Yet it’s not all doom and gloom: a recent SEC filing reveals that Strategy (formerly MicroStrategy) now holds nearly 500,000 bitcoins and purchased over 20,000 more between Feb. 18 and 23. The Michael Saylor-led company is demonstrating its bullish outlook on Bitcoin by acquiring it at sub-$100,000 prices – and might make another significant purchase now that Bitcoin has dipped below $90,000. Meanwhile, despite Bitcoin’s volatility, the BTC Bull Token – the first meme coin designed to align with BTC’s growth – is attracting steady presale investment, nearing the $3 million mark. Earn Bitcoin Passively The Easy Way With BTC Bull Token: Mining Operations In Focus The BTC Bull Token offers investors unmatched utility within the meme coin sector, providing a passive Bitcoin income akin to running a mining operation. Whenever Bitcoin reaches key price milestones set by the project – starting with $150,000 – $BTCBULL holders receive Bitcoin airdrops calculated based on their token holdings. This process repeats at every $50,000 increase, meaning the next airdrop would occur at $200,000, then $250,000, and so on. 🤯The 2021 #Bitcoin bull run vs 2025 bull run 🚀 Comment your price prediction for the top 📈👇🏼 pic.twitter.com/3cH6Tgzuwl — BULLRUNNERS (@BullrunnersHQ) February 13, 2025 Ultimately, the project is designed to ride Bitcoin’s momentum all the way to $1 million. But its utility doesn’t stop at airdrops. BTC Bull Token also employs a supply reduction mechanism, burning a significant portion of its supply at each $50,000 milestone, starting from $125,000. This structure offers investors both capital appreciation and passive income potential. However, rumors suggest that these benefits may be weighted heavily in favor of presale buyers, making early participation a crucial factor. Bitcoin’s price surge is inevitable, and BTC Bull Token provides an opportunity to accumulate more of the top crypto asset Bitcoin breaking past its current price milestone seems inevitable at this point. Those who once doubted its ability to reach new heights are likely the same ones who didn’t believe it could hit $100,000 in the past. Despite the current pullback, the only question is when Bitcoin will reach a new all-time high. If history is any guide, 2025 could be a pivotal year for Bitcoin, as post-halving years have traditionally been bullish. A chart shared on X by user Bullrunners suggests that Bitcoin’s 2025 price action closely mirrors that of 2021 – the year it reached its previous ATH at over $63,000. 🤯The 2021 #Bitcoin bull run vs 2025 bull run 🚀 Comment your price prediction for the top 📈👇🏼 pic.twitter.com/3cH6Tgzuwl — BULLRUNNERS (@BullrunnersHQ) February 13, 2025 If this trend repeats, the current market downturn is likely just a temporary selloff before Bitcoin surges to new heights in the months ahead. Should Bitcoin break its current ATH of $109,000, it could quickly rise to BTC Bull Token ’s first target of $125,000 – triggering its first token burn. If BTC reaches $150,000 as well this year, the first BTC airdrop will be activated. No other meme coin offers this kind of real Bitcoin utility, and BTC Bull Token has made this possible through its partnership with the multichain, non-custodial Best Wallet, which allows investors to buy the ERC-20 $BTCBULL token and receive BTC airdrops – all within one app. BTC Bull Token Grants Presalers Exclusive Utility Access: Join Now or Miss Out With the project possibly making its utility exclusive to presale buyers, investors must act quickly to avoid missing out. Only 21 billion $BTCBULL tokens will ever exist, and a significant portion has already been acquired in the presale. Currently, 681 million tokens are staked, earning an impressive 154% APY. To join the early investors, visit the BTC Bull Token website and purchase $BTCBULL using ETH, USDT, or a bank card. Best Wallet remains the top choice for enabling the BTC-earning mechanism for $BTCBULL holders. Simply buy $BTCBULL and store it in Best Wallet. You’ll automatically qualify to receive BTC directly to your Bitcoin wallet address within the app. Best Wallet is available on Google Play or the Apple App Store . Stay updated and connect with the rapidly growing BTC Bull Token community on X and Telegram . Learn more about BTC Bull Token EXPLORE: The History Books Will Remember Crypto 2025: But What’s The Best New Crypto to Buy? Join The 99Bitcoins News Discord Here For The Latest Market Updates
Bitcoin Price Heads South: Where Can BTC USD Find a Bottom?
Bitcoin price is in bear hands today and yesterday. BTC is currently hovering around $88,000 and trading at 20% below the ATH of $109,900 at the time of writing. When crypto sees a drop like this, fear can overcome rationality and reason. A good trader must keep a level head and avoid involving emotions, not FOMOing into trades. The best way to do that is by doing an analysis again and again. - Price Market Cap - - - 24h 7d 30d 1y All Time Log Look at the date of CZ’s tweet below! On Dec 17th, 2020, the daily candle on Bitcoin closed at $22,780. Many people found it unbelievable that BTC would reach such prices back then. As it turns out, it had a few more x’s before topping out at $69,000. Waiting for the new headline: #Bitcoin "CRASHES" from $101,000 to $85,000. Save the tweet. — CZ 🔶 BNB (@cz_binance) December 17, 2020 DISCOVER: Crypto Trends For Bullrun Bitcoin Price Analysis: BTC USD Analysis Before Catalysis What do you mean, bro, what catalysis? Catalysis in chemistry is the process of adding a catalyst to facilitate a reaction. In trading, fear is the catalyst to FOMOing into trades. You know what FOMO means. A decision driven by fear is rarely a good decision. It’s rather a reaction. As I wrote above, the best way to avoid doing that is by opening the charts and starting to draw lines. Before continuing, please revisit my previous article . ( BTCUSDT ) Today, we will start by taking a closer look and gradually zoom out. The 4H chart shows a sharp price drop after it broke below the support line of $92,400. If you opened the previous article, you saw the green arrow was where the price was at. Since then, there has been a fake breakdown of support, reclaim, and another run towards the highs. It successfully fooled people into entering long positions. Following the chart, the price went back to support, and it looked like it was going to push above the mid-range, but instead, it reversed swiftly. As a result, longs have been getting liquidated or closed yesterday and today. The liquidated longs exceed $1,300,000,000! Lastly, in this timeframe, we see that RSI is in the oversold area. ( BTCUSDT ) Bitcoin’s Bullish BTC USD Structure Not Broken Next, we look at the Daily chart. The purple box is the gap on the left, which I discussed in my previous article. It did not look like the Bitcoin price would drop to that level, but things changed quickly in just two days! And now it looks like this could be a possible reversal area. Peeking at RSI again, it’s entering oversold now, too. The line at $73,500 is the high from the Spring of last year, which was tested again before the price broke and entered discovery. This is the lowest I’d like the price to go, not lower – in order to maintain a bullish structure. ( BTCUSDT ) Next, just a quick look over Fib Retracement on the 1D. A classical tool that works well for crypto analysis. It aligns to a high degree with the levels in the previous chart. 0.618 would be a great level to bounce off, as it sits in the middle of that gap. ( BTCUSDT ) Last, we’re zooming out the furthest, looking at the Weekly chart. The RSI bearish divergence was one signal to consider this retrace a possibility. Another is the four wicks above $104,600 and the inability to close above. Swing failure and deviations are what happened up there. Nevertheless, this chart looks the best in terms of trend. I’ll be keeping an eye on the 40-45 RSI level to hold. EXPLORE: Best Decentralised Exchanges Key Takeaways From Bitcoin Price Analysis Bitcoin is still in bullish trend despite upwards of 1.3 billion worth of long liquidations. Key area between 82,000 and $86,000 . BTC price bulls want to keep price above $73,000, which is ways below.
Bitcoin Falls Below $90,000: How Far Will It Drop? – February 25, 2025 Analysis
After a consolidation around $96,500, bitcoin faced selling pressure, bringing its price back to the support level of $89,000. Check out Elyfe’s analysis to decode the technical outlook for BTC. Bitcoin Price Situation (BTC) After attempting a rebound from $91,350, the bitcoin consolidated between $93,450 and $99,150. Unfortunately, this zone was broken from below, confirming the hypothesis made in the February 19, 2025 analysis . Indeed, bitcoin dropped about 10%. It fell below the first monthly pivot support to reach the support zone identified around $89,000, which is below the lower part of the range initiated since the end of 2024. At the time of writing, bitcoin is trading around $88,000. It reached $86,900, its lowest level since the new ATH of bitcoin. The cryptocurrency is now clearly below a significant value area, under the annual VWAP and its 50-day moving average, indicating a clearly bearish short-term trend. Although the long-term trend remains bullish, the medium-term trend is now neutral and could confirm a reversal as the decline accelerates. Unsurprisingly, the bullish momentum of bitcoin has been revised downward. This is reflected both in its price and in its oscillators, which have reached new lows. BTCUSD Daily Chart The current technical analysis has been conducted in collaboration with Elyfe , investor and popularizer in the cryptocurrency market. Focus on Derivatives (BTC/USDT) In recent weeks, we have observed a simultaneous stabilization of open interest and the underlying price, signaling a phase of market consolidation. However, the bearish recovery of BTC has led to a decrease in open interest, suggesting a gradual exit from positions on BTC/USDT perpetual contracts. Unfortunately, the decline in CVD has accelerated again, reflecting a predominance of sell orders in the current market. This momentum suggests a resurgence of seller aggressiveness, illustrating significant selling intent from investors. The drop in bitcoin has led to the largest liquidations of long positions since the beginning of 2025, with nearly $331 million liquidated in just two days. This wave of liquidations reflects strong selling pressure and increased volatility in the market, weakening buying strength. Nevertheless, the funding rate for BTC/USDT contracts remains slightly positive, indicating resilience from buyers despite the selling pressure. Bitcoin Open Interest / Liquidations / CVD & Funding rate The heatmap of perpetual BTC/USDT contract liquidations reveals that bitcoin has reached a major liquidation zone, identified around $88,000. Some buying interest seems to have emerged, as evidenced by the sudden rebound in price upon contacting this level. Currently, the key liquidation zones are located on either side of the current price. Above, the first liquidation zone is identified between $97,000 and $98,000, followed by a larger zone around $100,000. This last extends up to $104,000 and precedes another zone between $107,000 and $111,000. Below, the last liquidation zone reached extends up to $84,500. Lower, another zone is located around $80,000, followed by a more marked zone towards $74,000. These thresholds represent major inflection points for the market. An approach to the price towards these levels could trigger massive orders, thus playing a key role in the upcoming movements, depending on supply and demand dynamics. BTC Liquidation Heatmap Bitcoin Price Forecasts (BTC) If bitcoin manages to hold above $86,800, a recovery could allow it to reintegrate $90,700, thus opening the way towards resistance at $99,400. Exceeding this threshold could favor a return to $106,000, then to its ATH at $109,354, representing an increase of about 22%. Conversely, if bitcoin cannot hold above $86,800, it might find support around $85,000. A prolonged decline would then bring its price back to the threshold of $81,700, or even $78,500. Finally, breaking this level could lead to another drop towards the $76,000 zone, representing a decrease of about 15%. BTCUSDT chart by TradingView Conclusion Bitcoin shows signs of weakness with persistent selling pressure. Its bullish momentum is fading, giving way to a phase of uncertainty where buyers are struggling to regain control. As long as key levels are not reclaimed, the risk of further decline remains. In this context, it will be essential to closely monitor price reactions at strategic levels to confirm or adjust current forecasts. Finally, let us remind you that these analyses are based solely on technical criteria, and the price of cryptocurrencies can evolve rapidly depending on other more fundamental factors. Did you find this study interesting? Check out our latest XRP analysis .
Bitcoin daily transfer volume drops 76%, but $160B net capital rise is bullish — Analyst
Bitcoin ( BTC ) is currently down 8% in February and is less than a week away from registering its first negative monthly returns since February 2020. With the average return sitting at around 14%, the likelihood of Bitcoin hitting a new all-time high (ATH) is relatively low based on current sentiments. Bitcoin monthly returns. Source: CoinGlass Bitcoin realized cap increases 23% in 3 months Since breaking above the $92,000 threshold on Nov. 19, 2024, Bitcoin has spent 65 days out of a possible 97 between $92,000 and $100,000. For the majority of 2025, Bitcoin hasn’t made a lot of bullish headway after initially breaking from its previous ATH of $74,000. In fact, Bitcoin is up only 1.97% this year. While this consolidation could be considered a step back by a few, Sina G, a Bitcoin proponent and co-founder of 21st Capital, highlighted that Bitcoin’s realized cap has increased by $160 billion. Bitcoin realized cap chart. Source: Sina Bitcoin’s realized cap underlines the economic footprint based on what investors have actually paid for the token and not only its current selling value. An increase of $160 billion meant an increase of “new net money,” as explained by the researcher. Sina considered this metric “progress” despite BTC‘s current market woes. However, the lack of price movement inflicted lower network activity. Axel Adler Jr., a Bitcoin researcher, pointed out that BTC’s daily transfer volume dropped by 76%, alongside a 74% decrease in active wallets over the past seven days. Bitcoin old long-term holder activity chart. Source: CryptoQuant Yet Adler’s weekly newsletter also pointed out that investor behavior continues to display resilience, with long-term holders not panic-selling and the coin days destroyed data dropping to a new multi-year low. Related: $90K bull market support retest? 5 things to know in Bitcoin this week Bitcoin to close below $95,000? Bitcoin registered a flash crash of 11.30% from $102,000 to $91,100 during the first 48 hours in February. However, the crypto asset has managed to close a daily candle above $95,000 for the entirety of the month. Bitcoin 4-hour chart. Source: Cointelegraph/TradingView However, $95,000 has been tested thrice over the past week, with the support level getting weaker session by session. As illustrated above, $95,000 is the last major buffer before Bitcoin drops under $91,000 again, potentially revisiting the range below $90,000. With Strategy’s recent 20,356-BTC acquisition news unable to trigger a short-term correction for Bitcoin, the possibility of a deeper correction continues to increase. Spot Bitcoin exchange-traded fund inflows have also significantly dried up , with $364 million in outflows recorded on Feb. 20. Related: Strategy buys 20,356 Bitcoin for almost $2B; holdings approach 500K BTC This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
XRP and Ethereum Show Highly Bullish Signals, Silver-Tongued Analyst Sees ETH ATH at $16,000=
XRP and Ethereum show highly bullish pump signals. Silver-tongued analyst predicts ETH ATH price of $16,000. Altseason peak is almost here as altcoins grow more bullish. With the final week of February 2025 in full swing expectations for altcoins to frenzy into bullish prices have grown stronger. This Q1 is following a Bitcoin Halving year which always leads to the bull cycle’s altseason peak phase. Now, popular altcoins like XRP and Ethereum show highly bullish signals indicating a major pump ahead. XRP and Ethereum Show Highly Bullish Signals In detail, one reputed analyst known for his many accurate silver-tongued predictions, Doctor Profit , is now predicting bullish moves for both ETH and XRP. In particular, for Ethereum (ETH) he states that life-changing returns could be in the making for ETH a year from now. He goes on to highly recommend accumulating ETH as the asset could pump significantly and marks it as a reliable investment token. Few months ago everyone kept hating XRP at 0.40 – 0.50, it’s exactly the time in which I begged my followers to go big into XRP. Now we see the same for $ETH , one of the most hated coins currently, trust me the most hated ones will become your most loved ones. Loading — Doctor Profit 🇨🇭 (@DrProfitCrypto) February 23, 2025 In the post above, the same analyst marks how a few months ago he predicted XRP’s price pump. He then goes on to say that he is now expecting the same for Ethereum (ETH). In an additional post, he says ETH is cheap at its current price and urges traders to accumulate and hold before it is too late and ETH price surges to prices between $7,000 and $16,000. ETH Most Hated Rally Imminent #Ethereum Most Hated Rally Imminent 🚀 Weekly Stochastic RSI is about to cross bullish in the oversold territory. Last times this happened, it led to a rally. pic.twitter.com/k7yAGwZfMq — Titan of Crypto (@Washigorira) February 23, 2025 It seems that other reputed analysts are mirroring these expectations for Ethereum as the analyst in the post above states that ETH’s most hated rally is imminent. He then highlights how the Weekly Stochastic RSI is about to cross bullish in the oversold territory. The last time this happened, ETH price increased significantly.
Bittensor (TAO) Maintains Bullish Outlook amid Market Shakeouts: New ATH Soon?
Key Notes TAO could soon soar to new all-time highs above $600, claims an analyst, while suggesting $350 to be a good buy price. Bittensor is a very valuable AI and crypto project which has attracted the attention of major VCs. Analyst Michael van de Poppe confirmed that he holds TAO as well, confirming that he has profited from his investment. Bittensor TAO $399.3 24h volatility: 6.7% Market cap: $3.36 B Vol. 24h: $331.09 M has remained bullish, soaring almost 2% in the past 24 hours, while the broader digital asset space found no relief from substantial selloffs. With Bitcoin failing to reclaim the 20-day Exponential Moving Average (EMA), most of the altcoins turned red, but TAO remained a popular buy, printing its daily high at $446.41. TAO is trading at $429.98 at press time and is testing the support at the 20-day EMA, which stands at $420. In order for Bittensor to maintain this bullish outlook, the altcoin needs to retain this support level while eyeing a massive price surge towards the $450 price tag. The 20-day EMA was reclaimed following a 20.18% surge in TAO’s price in the last seven days. Related article: Chainlink Price Prediction: LINK Price Retests Crucial Support Level Around $17 amid Renewed Interest from Whale Investors James Ross, an angel investor in Ethena Labs, EigenLayer, and other crypto projects, noted in a post on X (formerly Twitter) that Bittensor has attracted the attention of venture capitalists. Citing a statement from a VC, Ross stated that the AI protocol is a valuable project for developers working in the artificial intelligence and crypto spaces. A top VC just told me… Bittensor is like Virtuals but for smart people who can actually build AI $tao dtao for the record i have positions in TAO, Subnet 50 (below) + a few virtuals agents pic.twitter.com/X3H0GPh1qg — James Ross 🟡 (@JRossTreacher) February 19, 2025 Further, the recent introduction of subnet tokens via Bittensor could turn out to be the “next generational opportunity,” claimed a market participant, “hitesh.eth.” The developer noted that some of the most useful subnets, like OpenKaito, Sturdy, Synth, Masa, and Infinite Games, have all seen successful token launches alongside the TAO token. They predicted that “a few Bittensor subnet tokens might see 50–100x gains in the coming weeks.” Bittensor (TAO) Price Analysis Analyst Michael van de Poppe confirmed that he holds TAO in his personal portfolio and has even earned a profit on the cryptocurrency. He added that a retest of low $400 price levels could ultimately result in the TAO token soaring massively. Another analyst, “Kings Charts,” predicted new all-time highs for TAO, with $370-$350 being a favorable buy zone for the cryptocurrency. Source: TradingView The Relative Strength Index on the daily chart provided by TradingView below reads a value of 55.36, which means that the bulls are dominating the price action of the Bittensor token. Further, the gradient of the line suggests consolidation around the current levels. On the other hand, the MACD indicator remains bullish with the MACD line (blue) being above the signal line (red). The MACD histogram is also green, indicating substantial demand among buyers. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bitcoin Bull Run Cycle? Chart Points to Next Phase for BTC with Price Analysis
Bitcoin is very close to the 20-day EMA which stands at $97,141. Bitcoin is currently in a bullish phase of the cycle and could soar to a new ATH soon. If BTC reclaims the 20-day EMA and breaks out of the upper BB, $100K is likely. Bitcoin (BTC) is once again at a turning point. The latest chart shared by “Mags” on X platform takes a look at the digital asset’s long-term cycle and its possible next phase. The chart zeroes in on Bitcoin’s cyclical nature, especially its price moves around halving events. According to a Mag’s post , Bitcoin usually follows a fairly predictable pattern. It kicks off with the halving event, then a strong rally, hitting a peak before a bear market takes over. Finally, once the cryptocurrency hits rock bottom in the bear market, it turns bullish again with the next halving event. Halving Events: Fueling Bitcoin’s Cyclical Rallies This cycle has played out multiple times in the past, and it looks like BTC is in the bull rally phase after the 2024 halving. Historically, each halving kicks off a supply shock, often leading to a huge rally before prices peak, followed by a bear market. Looking at “Mags’” chart, BTC is getting close to a phase similar to previous bull runs, pointing towards a potential price surge. Related: Negative Crypto Sentiment: Bitcoin’s Booster? If history repeats itself, Bitcoin could be aiming for a new all-time high (ATH) before the next bear market hits. Right now, BTC is trading around $95,600, down almost 1% over the last day and 12.5% from its ATH of $109K. Bitcoin Price Analysis: Key Levels to Watch It is important to note that Bitcoin’s immediate resistance is around the 20-day Exponential Moving Average, currently at $97,141. If BTC can get back above this level and confirm it as support, investors might see the market leader climb above $100,000 soon. The chart provided by TradingView shows that Bitcoin’s price path is currently near the middle of the Bollinger Bands. The upper BB is at $98,090, and the lower BB is at $95,152. Interestingly, price stability near the middle band suggests a possible breakout in either direction. The upper BB is acting as resistance, while the lower BB is acting as support. The Relative Strength Index (RSI) is currently at 43.29, meaning BTC is neither overbought nor oversold. If the RSI climbs above 50. Related: Bitcoin’s Range-Bound Trading Ethereum Could Benefit, Analysts Say it could signal stronger bullish momentum. However, if it drops below 40, BTC could experience a short-term price drop. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Dogecoin Price Prediction for Feb. 25: Falling Wedge, Rising Hopes?
Dogecoin network activity has hit its lowest since October 2024, with only 66 whale transactions daily. DOGE’s fourth falling wedge pattern hints at a breakout, similar to past surges of 88%, 208%, and 445%. A breakout above $0.08 could trigger a sharp rally, while a drop below $0.055 may signal further downside. Dogecoin’s network activity has hit a multi-month low, as the meme coin struggles to find bullish steam. On-chain data paints a picture of shrinking interest: DOGE whale transactions have cratered to just 66 per day, while active addresses have slumped below 60,000—a level not seen since October 2024. Falling Wedge Pattern: Dogecoin’s Potential Lifeline? Despite the downbeat data, traders are still holding onto hope, as chart patterns suggest a potential breakout. Technical analysts are pointing to DOGE’s current formation of a fourth falling wedge—a pattern that has historically come before major rallies. Related: Whale Activity, Buy Signals, and Liquidation Risks: A Closer Look at $XRP, $DOGE, and More Looking back at previous cycles, this setup has indeed led to explosive rallies. The first wedge breakout shot up by 88%, the second skyrocketed by 208%, and the third leapt by a staggering 445%. If history serves as any guide, Dogecoin could be getting ready for another explosive surge. Source: TATrader_Alan Key Price Levels to Watch for DOGE While short-term market mood remains uncertain, solid support is lurking near $0.06, with resistance levels at $0.08 and $0.12. A strong push above the wedge could catapult the meme coin to new heights. On the other hand, if selling pressure grows, a dip below $0.055 could crush the bullish outlook. Related: Meme Coins Crash: Index Sinks 75%—What’s Next for $DOGE, $SHIB More? Even with the current drop in on-chain engagement suggesting fading retail investor interest, experienced traders remain calm. Traders Bet on Dogecoin’s Historic Rally Repeat One trader recently bagged big profits on DOGE using a swing trade strategy—buying low and selling high. He initially bought DOGE at $0.09 , sold it at $0.42, and bought more on the way up. Now, they are closely watching for the next breakout. His anticipation of another ATH push aligns with Dogecoin’s historical patterns, boosting bullish sentiment among market participants. Even though DOGE’s network activity remains slow, traders are laser-focused on the fourth falling wedge pattern. If the historical trend holds true, DOGE could soon enter price discovery mode. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Could Ethereum’s Prices Echo 2016-18 Cycle? – Anticipating Record Highs by 2025
Key Points Ethereum’s rising on-chain activity indicates growing adoption and potential price surge. Analysts predict Ethereum could surpass $20,000 by late 2025, based on historical trends. Analysts are forecasting a potential all-time high (ATH) for Ethereum (ETH) in 2025. This prediction is based on Ethereum’s historical price cycles, and the increasing number of active addresses on the Ethereum network. Ethereum’s Future Outlook Ethereum may be in a quiet phase now, but its future looks promising. Analysts have drawn parallels between Ethereum’s 2016-2018 and 2024-2026 price cycles, hinting at a similar trajectory towards an ATH in 2025. In the past, Ethereum has surged after key developments and with rising institutional interest, this pattern could repeat. If this pattern continues, ETH could potentially surpass $20,000 by late 2025. Rising Network Activity Ethereum’s on-chain activity is also on an upward trend, with new addresses increasing by 12.1% over the past week. This rise in participation often precedes strong price movements, as a higher number of active users typically signals rising demand. If this momentum continues, it could lay the groundwork for Ethereum’s next major rally, aligning with historical cycles and the predictions of a new ATH. Ethereum, at the time of writing, was showing signs of a potential recovery, trading at $2,791.35. However, key resistance levels must be overcome for further upside. The first major resistance to watch is in the $2,850–$2,900 range. A successful breakout above this level could pave the way for a test of the psychological barrier at $3,000. Technical indicators suggest improving conditions, but confirmation is still needed. The RSI had a reading of 47.11 – a sign of neutral momentum. A move above 50 would signal increasing bullish pressure. The price structure itself suggests a consolidation phase, with ETH forming a base for a potential breakout. In the short term, Ethereum will remain at a critical juncture. A decisive push above $2,850 could ignite further gains towards $3,000 – $3,200, confirming a bullish breakout. However, if ETH fails to overcome resistance, it may revisit key support levels, keeping the price action range-bound. Tags: Ethereum (ETH)
IP Price is Up by 50% Today, After Hitting a New ATH
Key Points IP price reached a new ATH yesterday above $6.9. On February 20, Story revealed its technical roadmap. Today, Story (IP) is among the top gainers with a price surge of around 50%. This comes after the digital asset reached a new ATH on February 20. IP Price is Up by 50% At the moment of writing this article, IP is trading at $4.78, up by around 50% in the past 24 hours. IP has a market cap of $1.19 billion, after reaching its ATH the other day at over $1.7 billion. IP price in USD today Yesterday, the digital asset’s price spiked by over 60% in a relatively short amount of time, topping $6.9. On February 20, the team behind Story Protocol announced that the technical roadmap went live. Story Technical Roadmap In a post via X, the team noted that Story is committed to driving continuous improvements to L1 in the following areas: Performance Reliability Decentralization The project builds a unique stack of IP-focused product features and applications on top of the L1 infrastructure. The notes reveal that there will be 2 key technical releases in 2025: Late Q1/Early Q2 – Product Release Q3 – Comprehensive Network Upgrade Story’s Product Release Story will ship the IP Portal which is the home page of the project, allowing users to register IP seamlessly and browser IP registered across any app on Story. The project will also launch Attestation Service, a decentralized oracle network that brings IP validation signals (ID of the creator, infringement detection) on-chain. Story’s Network Upgrade A network upgrade will take place for the project in Q3, and the L1 will be boosted across the following dimensions: Performance – Faster transactions, higher throughput, and more validators Product – IPKit Frontend SDK, large file storage, and more Governance – Decentralized, transparent, and seamless upgrades Story via X Story Team Research Story’s engineering team is currently researching topics that include the following: Next-gen consensus On-chain storage at scale AI execution layers Confidential IP transactions Some research will be executed via the partnership with Stanford FDCL, according to the official post . On February 13, Binance Futures launched futures trading for IP. The team behind the project notes that Story IP is “the world’s IP blockchain.”
Berachain Price Prediction 2025-35: Will It Hit $500 by 2035?
The triple-bottom pattern at $5.40–$5.50 signals a potential early-stage recovery for BERA. Market analyst predicts BERA will reach at least $20, aligning with a 258% projected surge. CryptoTale projects BERA to peak around $25 in 2025 due to post-halving market hype. Berachain (BERA) Overview cryptocurrency Berachain Ticker BERA Current Price $7.33 Price Change (30D) -18.54% Price Change (1Y) N/A Market Cap $763.17 Million Circulating Supply 107.48 Million All-Time High $14.99 All-Time Low $1.00 Total Supply 500 Million What is Berachain (BERA)? Berachain is a high-performance, EVM-identical Layer 1 blockchain that introduces Proof-of-Liquidity (PoL)—a consensus mechanism prioritizing ecosystem liquidity and network incentives over traditional validator rewards. Built on BeaconKit, a modular framework leveraging CometBFT for faster finality, Berachain integrates with Ethereum’s infrastructure while offering a unique economic model. Source: Berachain Unlike traditional Layer 1s, Berachain’s execution layer mirrors Ethereum’s, ensuring full compatibility with Ethereum’s smart contract tools and clients like Geth, Nethermind, and Erigon. This means Berachain can instantly adopt Ethereum upgrades like Dencun, providing developers with a familiar yet enhanced environment. Proof-of-Liquidity (PoL) fundamentally reshapes staking and rewards by aligning network incentives with liquidity. Instead of validators earning rewards for simply staking, PoL encourages deep liquidity across Berachain’s ecosystem, improving trading efficiency, security, and network sustainability. The Dual-Token System: BERA BGT Berachain operates with a dual-token model, each with distinct roles: $BERA: The native gas token for transaction fees and validator staking. Validators stake $BERA to propose blocks, with larger stakes increasing selection frequency. Transaction fees are burned, reducing supply over time. $BGT (Bera Governance Token): A non-transferable governance token earned exclusively through PoL participation. $BGT holders influence key protocol decisions, including asset whitelisting and native dApp governance. It can be burned for $BERA, but not vice versa, creating a dynamic economic balance. Why Berachain Matters With its EVM-identical architecture, liquidity-driven security model, and innovative dual-token economy, Berachain offers a fresh take on Layer 1 blockchain design. Its governance framework, backed by a guardian system, ensures security while empowering users with decision-making power. As the ecosystem grows, Berachain’s unique tokenomics could shape its price trajectory, making $BERA a compelling asset for traders and developers. Let’s find out more in this CryptoTale’s price prediction article. Berachain Price History The Bera token has had a dramatic price trajectory since its launch on February 6, 2025, following an airdrop of 79 million tokens, representing 15.75% of the total supply. This event fueled early trading momentum, driving BERA to its all-time high (ATH) of $14.99 on the same day. However, profit-taking and market uncertainty triggered a steep decline, dragging the token to a local low of $4.74, marking an almost 70% retracement from its peak in just a few days. Despite this volatility, BERA has shown signs of stabilization in recent sessions, forming a triple-bottom pattern around the $5.40–$5.50 range. Source: TradingView This level has proven to be a key support zone, preventing further losses and suggesting the possibility of an early-stage recovery. Additionally, an ascending channel had previously guided price movements, but a failed breakout at the $9.18 resistance led to a pullback. Currently, the token trades at $7.15, testing the strength of its support amid bearish pressure. The technical outlook presents a mixed scenario. On the bearish side, the rejection at the 50% Fibonacci level at $8.25 and the market’s general sentiment, which remains cautious, signal downside risks. Moreover, a breakdown below $6.53 could see BERA revisiting the $4.74 support. On the bullish front, if support holds, a rebound could push the price back toward the $9 threshold, moving toward its all-time high if momentum strengthens. With a 31% green-day ratio and high volatility, traders remain divided on whether the token can regain its bullish momentum. BERA Price Prediction as Analysts Debate Next Big Move The BERA token is facing a critical resistance level, with analysts offering mixed projections on its next move. For instance, CryptoBusy, a well-known analyst, pointed out that bulls attempted to push the price higher but faced strong rejection, as indicated by the long upper wick on the recent price action. According to the analyst, this suggests the presence of heavy sell orders at resistance, making it difficult for the cryptocurrency to sustain upward momentum without increased volume. CryptoBusy further adds that many traders prefer to wait for a confirmed breakout with a candle close above resistance rather than speculating on the first test. Meanwhile, ShadowCipher remains highly bullish on BERA, predicting that the token will reach at least $20. https://twitter.com/ShadowCipher_/status/1891501362388570144 This aligns with a 258% price projection in a separate analysis, highlighting an extended accumulation phase before a potential breakout. The chart suggests that once Berachain clears its current range, a surge toward $16–$20 could materialize, bringing new highs for the token. Yearly Highs and Lows of Berachain Year Berachain Price High Low 2025 $14.99 $1.00 Berachain Technical Analysis The MACD indicator on Berachain (BERA) shows early signs of an impending bearish momentum, with the MACD line at 0.336, trending slightly below the signal line at 0.465. This indicates that the token momentum could be fading in the short term, leading to likely consolidation or a pullback. Source: TradingView If the MACD value crosses below the zero line, it would confirm a bearish crossover, signaling a downward move. Meanwhile, the RSI stands at 49.11, below the neutral 50.00 level, suggesting a forthcoming bearish sentiment with no oversold conditions in the BERA token. The RSI previously climbed above 86.79, aligning with the recent price surge toward the $9 zone, but the latest rejection at resistance has pushed it lower. If the RSI continues downward and breaks below 40, it could indicate increased selling pressure, reinforcing a bearish scenario. Berachain (BERA) Price Forecast Based on Fair Value Gap The Berachain (BERA) 4-hour chart reveals three critical Fair Value Gaps (FVGs), with the most immediate FVG between $8.22 and $8.04, which was recently tested as the price dropped from a local high of $9.18. This level acted as a short-term resistance, leading to further bearish movement. Source: TradingView At press time, the second FVG, from $7.28 to $6.70, is being tested as the BERA price hovers around $7.15. If bearish momentum continues, this gap may provide temporary support before further downside movement. The third and lowest FVG is positioned between $6.20 and $6.03. If the current FVG at $7.28-$6.70 fails to hold, BERA’s price could retrace into this zone before finding strong support. The historical reaction in this range indicates a potential bounce, but market structure and volume trends will determine whether buyers step in. Berachain (BERA) Price Forecast Based on MA Ribbon Analysis The BERA 4-hour chart shows the price testing the 20-period Moving Average at $7.45 as a dynamic resistance after a recent downturn from the $9.18 high. The rejection from this level indicates weakening bullish momentum, leading to further downside pressure. Source: TradingView Besides, the 50-period MA, currently at $6.46, is the next major support level. If the price fails to reclaim the 20-period MA, a further drop toward the 50-period MA is likely. Historically, the price has reacted strongly to this moving average, using it as a base before key uptrends. A bearish crossover remains a risk, as a confirmed breakdown below the 20-period MA could accelerate selling pressure, increasing the likelihood of a test at $6.46. However, if buyers step in at current levels and reclaim $7.45, a short-term recovery could push the price back toward the $9 mark. Berachain (BERA) Price Forecast Based on Fib Analysis According to the 4-hour chart, BERA’s price hovering slightly above the 38.2% Fibonacci retracement level at $6.53, a key support zone that could determine the next price movement. Source: TradingView A breakdown below this level may expose BERA to further downside toward the 23.6% Fib level at $4.42, indicating a deeper correction. On the upside, resistance lies at the 50% Fib level at $8.25, which aligns with a previous support zone-turned resistance. If BERA reclaims this level, the next target is the 61.8% Fibonacci retracement at $9.96, often considered the golden ratio where reversals frequently occur. A break above $9.96 would shift momentum bullishly, with the 78.6% Fib level at $12.39 as the next major resistance before a full retracement to the $15.50 high. Berachain (BERA) Price Prediction 2025 According to CryptoTale’s projections, BERA could experience a massive surge fueled by post-BTC halving hype, pushing it beyond its previous ATH of $14.99. The token may peak between $4 and $25 before experiencing a sharp correction due to overvaluation and market euphoria. Berachain (BERA) Price Prediction 2026 As per our forecast, 2026 will likely be bearish as the crypto market enters a recession following 2025’s overheated rally. BERA could decline significantly, ranging between $12 and $20, as investors exit speculative positions. Berachain (BERA) Price Prediction 2027 According to CryptoTale’s price outlook, BERA may bottom out in 2027, mirroring past bear market cycles. Prices could range between $6 and $15, marking the final phase of the correction. However, early recovery signs may emerge as optimism builds ahead of the 2028 BTC halving. Berachain (BERA) Price Prediction 2028 Following the BTC halving, BERA may enter an intense accumulation phase, setting the groundwork for a bullish cycle. Prices could trade between $20 and $35 as network adoption, staking, and PoL incentives increase investor confidence. Institutional interest may also rise. Berachain (BERA) Price Prediction 2029 According to our projections, BERA could see its strongest rally since 2025, mirroring previous halving-induced bull runs. A price range of $30 to $80 is plausible, with a possible new all-time high (ATH) if adoption and ecosystem expansion accelerate. Berachain (BERA) Price Prediction 2030 As the market corrects post-2029 euphoria, BERA could retrace sharply, trading between $25 and $55. This follows the historic four-year cycle, where tokens retrace after bull market peaks, leading to a prolonged correction. Berachain (BERA) Price Prediction 2031 Following a continued downtrend and market stabilization, BERA could reach its lowest point in this cycle, ranging between $15 and $30. However, as with previous cycles, accumulation could increase ahead of the sixth BTC halving, hinting at an early recovery. Berachain (BERA) Price Prediction 2032 With a new BTC halving event, BERA could regain bullish momentum, moving between $40 and $100 as investors anticipate another rally. PoL staking rewards, governance developments, and ecosystem expansion could play crucial roles in its valuation. Berachain (BERA) Price Prediction 2033 CryptoTale’s price prediction suggests BERA could enter another parabolic rally, targeting $90 to $200 as it benefits from broader Layer 1 adoption, improved scalability, and DeFi expansion. Institutional demand may drive prices to new all-time highs. Berachain (BERA) Price Prediction 2034 By 2034, the token is expected to experience further growth, ranging between $150 and $300, fueled by favorable regulatory frameworks, increased market awareness, and mainstream adoption. Berachain (BERA) Price Prediction 2035 Following past patterns, 2035 could see a new market peak, with BERA ranging between $250 and $500 before a subsequent correction. Its economic model, governance mechanisms, and PoL incentives could position it among the top blockchain ecosystems by then. Related: Aptos Price Prediction 2025-35: Will It Hit $500 by 2035? FAQs What is BERA? BERA is the native gas token of Berachain, an EVM-identical Layer 1 blockchain utilizing Proof-of-Liquidity (PoL) to enhance security, liquidity, and network incentives. How can I purchase BERA? You can buy BERA on major cryptocurrency exchanges that support it using USDT or other pairs. Always verify the exchange’s credibility before purchasing. Is investing in BERA a wise decision? BERA has high potential due to its unique tokenomics and PoL mechanism, but it remains volatile. Investors should research thoroughly and assess market conditions before investing. What’s the best way to securely store BERA? Store BERA in a hardware wallet (Ledger, Trezor) for maximum security or a trusted software wallet supporting EVM-compatible tokens like MetaMask. Who is the founder of BERA? Co-founders Smokey the Bera, Homme Bera, and Dev Bear lead the Berachain team, with Dev Bear acting as the project’s CTO. Which year was BERA launched? Berachain (BERA) launched on February 6, 2025. What is BERA’s circulating supply? BERA’s circulating supply currently stands at 107.48 million tokens, with a total supply of 500 million BERA. Will BERA surpass its all-time high? Analysts project that BERA could surpass its $14.99 ATH in future bull cycles, reaching $25 in 2025 and higher in later years. What is BERA’s lowest price? BERA’s all-time low (ATL) was $1.00, recorded on its launch day (February 6, 2025). What will the price of BERA be in 2025? CryptoTale’s forecast suggests BERA may range between $4 and $25, driven by the hype surrounding the post-BTC halving and increased adoption. What will the price of BERA be in 2028? Following the BTC halving, BERA could trade between $20 and $35, with growing adoption, staking incentives, and institutional interest fueling demand. What will the price of BERA be in 2030? In 2030, BERA is expected to range between $25 and $55, influenced by market cycles, institutional adoption, and regulatory developments. What will the price of BERA be in 2032? By 2032, BERA may trade between $40 and $100, benefiting from market recovery, PoL-driven incentives, and increased network adoption. What will the price of BERA be in 2035? BERA could peak between $250 and $500 in 2035, driven by mainstream adoption, Layer 1 advancements, and regulatory clarity supporting its long-term growth. The post Berachain Price Prediction 2025-35: Will It Hit $500 by 2035? appeared first on Cryptotale.
XRP price will see $3.20 next if key support level is reclaimed — Analyst
XRP continued to trade sideways between $2.85 and $2.30 even as the US Securities and Exchange Commission (SEC) acknowledged a slew of XRP ETF filings. XRP’s price rebounded above $2.60 as several analysts highlighted the importance of breaking the $2.75-$2.80 area next. XRP/USD daily chart. Source: Cointelegraph/ TradingView XRP price ascending triangle targets $3.20 Egrag Crypto, an XRP market analyst, highlighted that XRP ( XRP ) was trading within an ascending triangle in the 12-hour timeframe, as shown in the chart below. According to the analyst, the price needs to “close above the apex” of the prevailing chart pattern at $2.75 to “continue the upward trajectory.” “Closing above this level will provide bullish confirmation to continue the upward trajectory, with a measured target of $3.20.” Such a move would bring the total gains to 20% from the current level. XRP/USD daily chart. Source: Egrag Crypto Still, the analyst cautioned that investors should be aware of a “potential bull trap ” as the month comes to an end. “I believe we could see a significant correction starting mid-March, signaling the end of Wave 2 in our macro Elliott Wave count,” Egrag Crypto said, adding: “Wave 3 is still ahead… so remember, you may not be bullish enough yet!” Similar sentiments were shared by pseudonymous analyst Dom, who said that the XRP price was required to flip the $2.80 level into support before making a run for $3.00. $XRP update We are attempting to hold the monthly rVWAP for the first time in nearly 3 weeks ~$2.80 still remains that important level to flip (ATH vwap) and then we test $3 pic.twitter.com/6pdhHVzjcz — Dom (@traderview2) February 20, 2025 A “key resistance sits at $2.82” for XRP, fellow analyst CasiTrades said in a Feb. 20 post on X, adding that another major barrier sits at $3.00. “However, a clean breakout above $3 would signal that the correction is complete and a much larger move is on the table.” Related: Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL XRP liquidity remains above $2.85 XRP has consolidated sideways since Feb. 3, with the overall trend leaning bullish. However, XRP/USD remains in limbo until the price breaks above $2.85 or below $2.30. XRP/USD 4-hour chart. Source: Cointelegraph/TradingView Currently, liquidity remains at both demand and supply areas for XRP, which means a break of these levels will likely dictate XRP’s ultimate direction. With price testing the resistance at $2.85 twice over the last three weeks, the best scenario for XRP will be to breach this level and take the supply zone liquidity above it before rising toward $3.20. With the SEC’s acknowledgment of more XRP ETF applications , the hopes of the altcoin moving higher in 2025 are increasing. Polly, an anonymous crypto commentator, recently said that these acknowledgments are positioning XRP price for new all-time highs, predicting a “god candle” to $6.00. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Bitcoin price must close week above $97K for 'attack to the ATH' — Analysis
Bitcoin will launch an “attack on the ATH” if BTC/USD delivers a weekly close above $97,000, according to traders and analysts. Why Bitcoin price must hold above $97,000 Bitcoin price is trading in a third consecutive bullish session in the daily timeframe, 6% above its Feb. 18 low of $95,000, as per data from Cointelegraph Markets Pro and TradingView . This has seen Bitcoin ( BTC ) rise above the crucial level of $97,000, which bulls must hold to sustain the recovery, according to trader and analyst Rekt Capital. Related: $108K BTC price next? Bitcoin reaches bull market ‘pivot point' “Bitcoin needs a weekly close above $97,000 to continue holding the higher low as support,” the analyst explained in a Feb. 20 post on X. An accompanying chart showed Bitcoin sitting on immediate support provided by the lower boundary of a pennant at $97,028. ‘For the past three weeks now, Bitcoin has been downside-wicking below the triangular market structure while keeping the pattern intact.” BTC/USD weekly chart. Source: Rekt Capital In an earlier post analyzing the same setup, Rekt Capital said : “Bitcoin price needs to keep holding this weekly higher low to keep the pattern alive.” Fellow trader Warren Muppet spotted Bitcoin trading above $98,000 for the first time since Feb. 4 in the daily timeframe. The trader said that if the BTC price closed above this level, which is also above the weekly trend, it may trigger a rally to new all-time highs. “If tomorrow we will reject {$98,000 level} is a strong short signal, but if tomorrow we will confirm the close above, I should assume an attack to the ATH.“ BTC/USD daily chart. Source: Warren MUPPET BTC trades above a key support level Analyzing Bitcoin’s realized price distribution (URPD) helps to determine where the current set of unspent transaction outputs, or UTXOs, were created. This gives insights into the cost basis and areas of interest regarding support and resistance. Some of the key Bitcoin support levels to watch are $97,500 and $96,450, according to data from Glassnode. Bitcoin URPD data. Source: Glassnode Meanwhile, the latest liquidation data from CoinGlass also shows the importance of Bitcoin's immediate resistance above $98,000. The chart below shows a wall of bid liquidity building up within this zone, suggesting that it can act like a magnet for BTC price. Breaking above this cluster, and particularly the $100,000 psychological level, would be a big step in confirming the trajectory toward all-time highs. Bitcoin weekly liquidation heatmap. Source: CoinGlass This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
XRP News: With the Latest XRP ETF Updates, Will XRP Price Surge to NEW ATH?
Brazil Approves First Spot XRP ETF In a groundbreaking move, Brazil's securities regulator, the Comissão de Valores Mobiliários (CVM), has approved the world's first spot XRP ETF. Managed by Hashdex, the Hashdex Nasdaq XRP Index Fund will be listed on Brazil's B3 stock exchange, offering investors direct exposure to XRP without the need to hold the cryptocurrency directly. This approval positions Brazil at the forefront of cryptocurrency adoption in Latin America. By TradingView - XRPUSD_2025-02-21 (5D) SEC Acknowledges Multiple XRP ETF Filings Simultaneously, the U.S. Securities and Exchange Commission (SEC) has acknowledged several spot XRP ETF filings from prominent asset managers , including CoinShares, WisdomTree, and Canary Capital. This acknowledgment initiates a 21-day public comment period, after which the SEC will have up to 240 days to make a final decision on these ETFs. While acknowledgment does not equate to approval, it signifies a critical step forward in potentially offering regulated XRP investment vehicles in the U.S. market. XRP Price Prediction: Will XRP Price Surge to NEW ATH? These developments have positively impacted XRP's market performance . The cryptocurrency's price has seen an uptick, reflecting growing investor confidence. Analysts suggest that the approval of XRP ETFs, coupled with regulatory clarity, could further enhance institutional interest and drive the asset's value higher. However, the ongoing legal proceedings between Ripple, the company behind XRP, and the SEC add a layer of uncertainty to these projections. By TradingView - XRPUSD_2025-02-21 (All) The approval of the first spot XRP ETF in Brazil and the SEC's acknowledgment of multiple XRP ETF filings in the U.S. mark significant milestones for XRP and the broader cryptocurrency market . These actions not only enhance the legitimacy of XRP as an investment asset but also pave the way for increased institutional participation. As the regulatory landscape continues to evolve, stakeholders are closely monitoring these developments, which could have far-reaching implications for the future of cryptocurrency investments.
SHIB at Crossroads: Technical Patterns Signal Major Move
Shiba Inu tests rising channel support amid mixed signals across different timeframes. Technical patterns suggest a potential breakout, while sentiment indicators remain bearish. Analysts divided between imminent correction and possible run toward previous ATH. Shiba Inu (SHIB) shows an interesting technical setup, with the token showing contrasting price movements across different timeframes. The meme coin has gained 2.4% in the last 24 hours while experiencing a 4.7% decline in the past week and a steeper 23.1% drop over the monthly timeframe. Current price action places Shiba Inu within a seven-day range of $0.00001492 to $0.00001712, marking a considerable distance from its all-time high of $0.000086 reached in October 2021. This is an 81.7% decline from peak levels, creating a foundation for technical analysts to identify potential recovery patterns. According to Raven Cartel, who analyzed SHIB on the weekly timeframe, the token could spark another meme cycle. The analysis indicates that while SHIB remained relatively quiet during the previous meme token surge, upcoming months could bring more dynamic price action. Source: X Technical analyst Token Talk offers a different perspective, identifying a rising channel formation, with SHIB testing crucial support levels. This pattern typically suggests a continuation of the upward trend if support holds, though a breakdown could trigger further selling pressure. The importance of this support test increases, given the token’s recent price volatility. JAVON MARKS presents perhaps the most bullish outlook, identifying a breakout from a falling wedge pattern. This technical formation often precedes substantial price increases, with MARKS projecting a potential 422% surge that could take SHIB to $0.00008841 or higher, approaching previous all-time highs. However, Coincodex’s analysis introduces a more cautious perspective. Their short-term prediction suggests a 1.43% decline to $0.00001530 by March 23, 2025, indicating bearish sentiment. Related: Will SHIB Drop or Rally? Levels to Watch Closely This Week The past month’s performance adds context to these predictions, with SHIB recording 10 green days out of 30, representing a 33% positive day ratio. Price volatility reached 10.23% during this period, showing the token’s characteristic price swings. For traders and investors, these mixed signals warrant careful consideration. The presence of both bullish technical patterns and bearish short-term predictions suggests a market at a potential inflection point. The post SHIB at Crossroads: Technical Patterns Signal Major Move appeared first on Cryptotale.
SEC acknowledgment of 3 spot XRP ETF filings could trigger rally to $6 — Analyst
XRP (XRP) price has rallied more than 15% since closing at $2.32 on Feb. 6, following the crypto market’s drawdown. While most altcoins have struggled to establish a recovery, XRP’s weekly chart has received plaudits for a bullish outlook. SEC goes on a spot XRP ETF acknowledgment spree The recent bullish activity around XRP can be associated with its ETF news, with the SEC acknowledging another spot ETF filing submitted by CoinShares via Nasdaq. This is the fourth spot XRP ETF filing that has received the initial nod from the SEC, following Grayscale, 21Shares and Bitwise. The commission has also acknowledged the ETF filings on behalf of WisdomTree and Canary Capital, as reported by Cointelegraph . Brazil’s securities commission, Comissão de Valores Mobiliários, also approved the nation’s first spot XRP ETF presented by Hashdex Nasdaq XRP Index fund. However, the spot ETF is not live for trading yet, with Hashdex announcing further details will be released soon. Despite the positive catalysts, XRP futures traders haven’t come back into the fold. Earlier this month, Cointelegraph reported that XRP open interest (OI) dropped by more than 78% last week after XRP’s price dropped 26% during the first week of February. XRP futures open interest chart. Source: CoinGlass While prices have jumped almost 20% since the wipeout, XRP futures OI has jumped by only $600 million after dropping close to $4 billion in notional value. This implies that relatively low volumes or trading activity control the current price action, which can be susceptible to manipulation and volatility. Related: Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL Analyst predicts XRP “god candle” to $6 With XRP exhibiting a better recovery than other major altcoins, Polly, an anonymous crypto commentator, believed that market makers are setting up the crypto asset for a new all-time high. The crypto trader pointed out that the SEC-Ripple lawsuit will be laid to rest before the end of February. This would trigger a “god candle” for the asset, allowing XRP to reach as high as $6 within the next 10 days. However, the prediction is based on a significant assumption, as neither the SEC nor Ripple has officially confirmed any case resolution. While Polly’s prediction was outlandish, Dom, an XRP markets analyst, emphasized that XRP’s current resistance range between $2.50 and $2.80 remains a pivotal junction. The analyst explained that XRP’s all-time high volume weighted average price, or VWAP, continues to act as an overhead resistance for the token, which currently resides just above $2.80. XRP 6-hour analysis by Dom. Source: X.com Thus, breaking above $2.80 and closing a daily position is currently the first hurdle for XRP before targeting a new all-time high or a re-test of its current ATH at $3.40. Related: XRP price ‘cup-and-handle’ hints at 25% gains as exchange outflows return This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Bitcoin’s Supply Trends Mirror 2021: What It Means for Price
From beincrypto by Aaryamann Shrivastava Bitcoin’s price action has been volatile in recent days, with the leading cryptocurrency struggling to secure the $100,000 mark as firm support. Despite multiple attempts, BTC has faced strong resistance, leading to increased selling pressure. Recent market conditions suggest that Bitcoin’s inability to hold key price levels could further weaken its position, leaving it vulnerable to a potential correction. Bitcoin Investors Are Driving The Price Short-term holders (STH) have played a crucial role in Bitcoin’s recent price action. The supply held by these investors indicates that the market is mirroring the accumulation phase seen in May 2021. Back then, Bitcoin saw a significant influx of supply, leading to increased sensitivity among investors to any downward movement. If BTC fails to maintain support above $92,500, these holders may start offloading their assets, exacerbating the selling pressure. Should demand remain steady, Bitcoin could establish a new range above its all-time highs. However, a lack of sustained buy pressure could trigger a deeper correction. Historically, post-ATH phases have led to widespread panic among new entrants, particularly those who recently accumulated BTC at peak prices. If their holdings slip into unrealized losses, it may prompt a wave of distribution, increasing the chances of a sharp price decline. Bitcoin Short-Term Holder Supply. Source: Glassnode The RHODL Ratio, which measures the balance between mid-cycle holders (6 months to 2 years) and new entrants (1 day to 3 months), has been declining. This trend suggests that short-term speculation is rising, a common indicator observed before market tops. While the ratio is not yet at extreme lows, its current movement aligns with patterns seen in the latter stages of previous bull cycles. A further drop in the RHODL Ratio could signal an impending correction. Historically, when the ratio rebounds after hitting a low, it has marked key turning points in Bitcoin’s price cycles. If this pattern repeats, Bitcoin may enter a distribution phase before stabilizing or initiating another upward movement. Bitcoin RHODL Ratio. Source: Glassnode BTC Price May Find It Difficult To Rally Bitcoin price is currently consolidating between $98,212 and $95,761 and is at risk of a decline. Multiple tests of the lower support indicate that BTC remains susceptible to another retest. Should this level fail to hold, Bitcoin could face increased selling pressure, leading to a sharper decline. Given the ongoing macro trends and STH supply distribution, Bitcoin’s price may see a correction in the short term. A drop to $93,625 is plausible, and if bearish momentum intensifies, BTC could decline further to $92,005. These levels could act as critical support zones, influencing the next market movement. Bitcoin Price Analysis. Source: TradingView On the other hand, continued accumulation by investors with a long-term outlook could provide Bitcoin with the necessary support to break through $98,212. If BTC successfully reclaims $100,000, bullish momentum could accelerate, propelling the cryptocurrency toward its all-time high of $105,000.
US Spot Bitcoin ETFs Surpass $750B in Trading Volume
Key Notes Bitcoin ETF products operating in the US now have $750 billion volume milesone in the market. BlackRock is leading the volume boost with $56 billion in managed assets. Ethereum ETF products are also benefitting from BlackRock association. United States spot Bitcoin Exchange-traded Fund (ETF) products are still hitting milestones. According to The Block, the latest milestone on record is how these offerings have attained $750 billion in cumulative trading volume just a year after their official launch in the region. This outlook reflects the swift growth of the funds amongst several mainstream investment options. US Spot Bitcoin ETFs Records Massive Spike In March 2024, spot Bitcoin ETFs recorded a cumulative trading volume of $100 billion. By the next month, which coincided with the once-in-four-year Bitcoin halving event, these offerings had successfully doubled their volume value. At the time, BTC price BTC $96 465 24h volatility: 2.0% Market cap: $1.91 T Vol. 24h: $46.44 B hit a new all-time high (ATH) of around $74,000. Thereafter, the trading volume trajectory saw a relapse , slowing down slightly to accommodate the cooling-off phase for the crypto market. Bitcoin prices consolidated between $50,000 and $70,000 during this phase for the next seven months. Not long before the flagship cryptocurrency broke out to hit a new ATH, fueled by Donald Trump’s win in the United States presidential election. The trading volume of US spot Bitcoin ETFs almost immediately hit $500 billion. Less than two months after Trump’s inauguration as the President of the United States, this metric has now risen to $753.2 billion, per The Block’s data dashboard. The new milestone marks a notable win for the fund, as it effectively competes against some of the world’s largest and most established ETF products. BlackRock’s IBIT Dominate US Spot Bitcoin ETFs Of all eleven spot Bitcoin ETFs greenlighted by the US Securities and Exchange Commission ( SEC ) over a year ago, BlackRock’s iShares Bitcoin Trust (IBIT) is leading the inflows. From holding about 25% market share at launch, IBIT has become the most dominant fund with a 75% share. Grayscale previously held this position, as it transferred the funds from its GBTC product when it converted to Bitcoin ETF. Unfortunately, Grayscale’s GBTC has declined due to many factors, including its high management fees. BlackRock’s IBIT accounts for up to $56 billion in Assets Under Management out of the $112 billion of the general spot Bitcoin ETFs. Related article: Ethereum ETF Issuers May Get Staking Approval Soon, ETH Price Breakout Ahead? This comes as the asset manager proposes to shift to in-kind redemptions . The move aims to streamline transactions for institutional investors, reducing friction and costs associated with cash-based transactions. If approved, this modification could set a new industry standard and push Bitcoin further into mainstream financial markets. BlackRock’s ETHA Leads US Ethereum ETFs BlackRock is not only dominating the Bitcoin ETF scene, it is also extending its dominance to the Ethereum space. BlackRock’s Ethereum ETF (ETHA) is leading its counterparts with a strong wave of inflows. Around mid-December, ETHA garnered $1.3 billion in inflows over ten trading days, bringing cumulative inflows to $3.19 billion. On one hand, Ethereum ETF issuers are working on getting staking approval for the offering. In retrospect, ConsenSys founder Joe Lubin said that the issuers of the Ethereum ETFs will soon get a regulatory nod to offer staking features. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Analysts Share Their Forecasts For Solana Price, Which Seriously Declined After Libra Scandal! Is There Any Chance of ATH Coming This Year?
A memecoin scandal involving Argentine President Javier Milei triggered a sharp drop in Solana’s price, sending it down 20% from last week’s highs. The controversy stems from Milei’s tweet promoting the LIBRA memecoin, which later fell from a market value of $4.5 billion to around $200 million, leading to legal action being taken against Milei in Argentina, further eroding investor confidence. Solana’s struggles are reflected in Polymarket prediction rates, where traders are placing just a 22% chance of the coin breaking its all-time high of $293 by June 30, a sharp drop from the 85% chance seen on January 21. Additionally, Polymarket users are predicting an 86% chance of Solana falling to $160 this month. Memecoins continue to proliferate on Solana’s blockchain, with the pump.fun launch platform generating nearly $3 billion in volume over the past two weeks. While some experts see memecoins as a short-term problem, others argue that they contribute to the network’s long-term growth. Related News Nobody Can Resist Bitcoin: Google Makes a New Move Despite the current downturn, VanEck analysts including Matthew Sigel, Patrick Bush, and Nathan Frankovitz remain optimistic. They predict Solana will reach $520 by the end of 2025. VanEck notes that Solana’s revenue in January 2024 surpassed the next four largest blockchains combined, solidifying its position as the leading layer-1 network in decentralized exchange (DEX) volume, revenue, and active wallets. They also note the importance of Solana’s share of the smart contract platform market, which currently stands at 15% but is expected to rise to 22% by the end of the year. Pantera Capital analysts Cosmo Jiang and Eric Wallach see 2024 as a pivotal year for Solana, citing record-breaking trading activity in Q4 2023. Notably, Solana’s native DEX, Raydium, has consistently outperformed Ethereum’s DEX volumes. “Solana’s tokenization ecosystem continues to thrive,” Jiang and Wallach wrote, adding that it now accounts for over 90% of all new tokens originating on decentralized exchanges. They also note that despite a 9% decline in the overall crypto industry, Solana’s developer base has grown significantly with an 83% year-over-year increase in monthly active developers. Pantera also sees the potential approval of a Solana exchange-traded fund (ETF) as a key catalyst for future growth. Matt Hougan, Bitwise’s Chief Investment Officer, suggests that the current pullback could present a buying opportunity. While altcoins are experiencing significant losses, major cryptocurrencies like Bitcoin, Ethereum, and Solana are poised to attract the attention of institutional investors, Hougan argues. *This is not investment advice.
RWA, TVL Hit All-Time Highs: A Huge Opportunity for the Next Decade of Traditional Finance?
Original Article Title: RWA TVL Hit a New ATH—Don't Get Left Behind Original Article Author: Moomsxxx Original Article Translation: Plain Talk on Blockchain The RWA sector is growing at an astounding pace. Just a few days ago, the total value of RWA hit a new all-time high, and today it has once again surpassed this new record. 1. RWA TVL Despite many ongoing operational frictions related to privacy solutions, digital identity solutions, interoperability, and being a bottleneck for faster adoption, the on-chain funds raised of 20-30 billion USD and around 200 billion USD in stablecoins demonstrate the increasing interest and adoption in this area of the Web3 industry. The current tokenized funds represent only a small portion of the expected growth in the fund industry in the coming years. Likewise, the growth in private credit also reflects market participants' growing interest in opportunities beyond Bitcoin, DeFi native yields, alternative coins, and meme coins. According to @Preqin, the global private credit market's investment size is close to $17 trillion, while according to @RWA_xyz, the size of tokenized private credit is only about $11.9 billion. Active Loan Value - Private Credit Market (Source: RWA.xyz) A deeper analysis of this area, I believe it is necessary to mention that since the market crash of 2022, the reliability of these loans has undergone a significant change, with teams of different platforms becoming more cautious and investing more resources to ensure higher credit quality issuance. From July 2021 to the end of 2022, borrowing was mainly dominated by crypto trading and market-making companies. Therefore, the borrowing sector in this area collapsed in the 2022 bear market. Subsequently, the growth mainly came from funds pool of various RWA transactions, such as consumer asset-backed securities (such as auto loans, credit card debt, student loans, small business loans, etc.), real estate bridge loans, trade finance, and other less volatile asset classes. The proof of this point is resilient protocols like @maplefinance, as demonstrated in the liquidation event on February 3, 2025—a historic event in crypto. For more details, please see the following link: https://x.com/maplefinance/status/1886332880411832514 Additionally, over the past three years, the industry has matured significantly, with continuous emergence of technical solutions aimed at addressing regulatory and privacy obligations, further enhancing this critical area. 2. Opportunity Scale According to @BCG data, tokenizing all global mutual funds could unlock an additional $100 billion in annual returns for investors. At the same time, "sophisticated investors" (sorry, not referring to you) could earn $400 billion by "capturing intraday value changes" (basically, day trading). Based on the historical adoption pattern of ETFs, it is reasonable to estimate that tokenized funds will represent 1% of global mutual fund and ETF assets under management in the next seven years. Global ETF Assets Under Management (Source - J.P. Morgan Asset Management) This implies that by 2030, tokenized assets will exceed $600 billion. Furthermore, if regulators allow existing mutual funds and ETFs to convert into tokenized funds (which is simpler than launching a new tokenized fund), we might see trillions of dollars in asset under management. Given the similar growth expectations prior to the introduction of BTC ETFs, I believe we cannot dismiss the possibility that these figures may be overly conservative, and the actual growth might be astonishingly high. However, even based on these expectations, we are still talking about at least a 200x growth. Let me say that again, at least a 200x growth from now. Are you still sitting there lamenting over not making money temporarily? Give me that yield, please! According to this @BCG study, our industry's investment demand for tokenized funds is approximately $290 billion. This figure includes stablecoin holders, tokenized RWAs, and DeFi protocol demand. I believe this number may be high because it takes into account the growth of the DeFi protocol market cap, and this growth comes from a user base with a higher risk appetite, whose investment preferences may differ from those willing to invest in tokenized assets. A more reasonable approach would be to consider the growth of DeFi Total Value Locked (TVL) over the past two years; nonetheless, it would still be a significant number: $580.6 billion (Source - @DefiLlama). DeFi Total Value Locked (TVL) Nevertheless, the value propositions of tokenized funds and RWAs are undeniable. They provide a channel to access real-world investment opportunities, allowing investors to better diversify their portfolios amidst market dynamics. Imagine if, in the past few months, through @Rabby_io, you could have converted your on-chain tokens into stocks, commodities, and real estate without needing to cash out—wouldn't that be convenient? But why must all this happen? What are the benefits for traditional finance? Lately, on Crypto Twitter (CT), I haven't seen much discussion on this topic, especially amidst the memecoin craze and controversy. We always talk about how Traditional Finance (TradFi) is stepping into the Web3 industry and adopting the technology we are building. But why are they doing this? While I plan to write an article specifically addressing this topic, below are some key points explaining why traditional finance needs and must embrace the crypto rails: Instant settlement as shown in the following figure could potentially add around $500 billion annually to investors' portfolios. Lowering commissions saves another $330 billion, which will ultimately flow into investors' portfolios. Composability tokenized funds will be easier to lend out. Accessible trading tokenization will make it easier for investors to trade assets. How Tokenization Enhances Returns (Source: Boston Consulting Group) 3. Sentiment Comes Second, Momentum Comes First Traditional finance bids farewell, while Crypto Twitter (CT) gets rug pulled. The chart above shows that regardless of the market conditions, especially Crypto Twitter (CT) sentiment (
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