Ethereum's staking exit queue increased more than fivefold in just three days, reaching a peak of around 851,000 ETH after MetaMask began proactively withdrawing thousands of validators following a security incident.
By John Isige BitMine took advantage of the market correction and purchased nearly 100,000 ETH, bringing its holdings to more than three percent of the entire circulating Ethereum supply.
By John Isige The crypto market is deep in correction, with massive liquidations and thin liquidity hitting Zcash especially hard. How far can ZEC fall from here?
By John Isige Bitwise has submitted an updated application to the U.S. Securities and Exchange Commission (SEC) to launch a spot Avalanche ETF, placing a strong emphasis on staking and yield generation. The filing uses the ticker BAVA, and the fund’s structure allows up to 70% of its AVAX holdings to be deployed in staking.
By Andrew Bennett Ripple has announced that its US dollar-backed stablecoin, RLUSD, has been officially granted the status of an Accepted Fiat-Referenced Token within the Abu Dhabi Global Market (ADGM). The approval was issued by the Financial Services Regulatory Authority (FSRA), allowing licensed market participants to use RLUSD for regulated activities in full compliance with local requirements. This decision adds fresh momentum to Ripple’s strategy of expanding its stablecoin footprint across the Middle East.
By John Isige This week, the SOL/USD pair is correcting toward a medium-term downtrend, trading around 142.96 (the middle Bollinger Band, 23.6% Fibonacci retracement) amid expectations of changes to the U.S. Federal Reserve’s interest rate policy.
By John Isige BitMine, an Ethereum-focused company founded by Tom Lee, has acquired 70,000 ETH worth around 20 million USD. However, the well-known “Ethereum bull” is now facing a serious problem.
By John Isige The ETH/USD pair continues to form a medium-term downtrend, correcting toward the long-term upward trend.
By John Isige The SOL/USD pair has broken out of its long-term upward channel and continues to develop a new trend for the third consecutive month. The price is currently trading near 140.62 (Murray level [1/8], Fibonacci 23.6% correction). A firm break below this area would open the way toward 109.38 (Murray level [–1/8], Fibonacci 0.0% correction) and 93.75 (Murray level [–2/8]). For the bulls, the key resistance remains at 165.70 (Fibonacci 28.2%), located above the middle Bollinger Band. A breakout above this level could trigger an exit from the descending channel through its upper boundary and pave the way toward 203.12 (Murray level [5/8], Fibonacci 61.8%), 234.38 (Murray level [7/8]) and 250.00 (Murray level [8/8]). However, such a scenario appears less probable in the near term
By John Isige This move could finally put an end to the massive ETF outflows seen in recent weeks. ETH holders are hoping for a turning point.
By John Isige The XRP/USD pair is trading within a medium-term downtrend, forming a corresponding descending channel: last week, the price resumed its decline in line with the broader market and the performance of major competitors.
By John Isige Ethereum Could Be Forming a Local Bottom This Week
By John Isige At the beginning of last week, the ETH/USD pair resumed a steady decline in line with the broader market trend and today updated its July low at 2950.00.
