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BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.
After the historic crash in Bitcoin, Ethereum, and other crypto assets, the market has entered a state of shock. A quick analysis from FORECK.INFO experts.
This week, after a mid-term uptrend, the cryptocurrency market entered a correction phase. Currently, BTC is trading around 121,000.00 (–1.4%), ETH is near 4,320.00 (–3.9%), USDT has returned to third place by market capitalization at 1.0004 (–0.04%), followed by BNB at 1,265.00 (+9.6%), while XRP holds around 2.8100 (–5.9%).
JPMorgan: Investors Likely to Show Mild Interest in Solana ETFs
Sharps Technology is taking a big step into digital finance. The company announced a new strategic partnership with Coinbase Global to expand its Solana (SOL) treasury strategy, marking a clear shift from its roots in medical devices to the blockchain economy.
As Solana’s price started climbing, its on-chain activity suddenly dropped. At the same time, Binance is stirring up the market with a new meme initiative on BNB Chain — and many wonder if this marks the start of a new capital shift in crypto.
U.S. Bank has announced that it will act as the official custodian for reserves backing Anchorage Digital Bank’s payment stablecoins — a move that highlights the growing connection between traditional finance and regulated digital assets. Anchorage remains the only crypto-native bank in the U.S. with a federal charter from the Office of the Comptroller of the Currency (OCC). Together, the two institutions are building a regulated framework designed to securely hold the assets supporting payment stablecoins under the GENIUS Act.
ZEC Price Surges: Zcash Continues Its Strong Uptrend
The SOL/USD pair continues to move within a long-term upward trend, forming a rising channel. However, since the beginning of the month, growth has slowed, and the price has entered a sideways range between 234.38 and 218.75 (Murray levels [7/8]–[6/8]), unable to break out so far. A consolidation above the upper boundary of this range could open the way for further gains toward 250.00 (Murray level [8/8]), 265.62 (Murray level [+1/8], upper boundary of the ascending channel), and 281.25 (Murray level [+2/8]). Conversely, a decline below the middle Bollinger Band at 218.75 (Murray level [6/8]) could resume the correction toward 183.80 (50.0% Fibonacci retracement), signaling a potential range breakdown.
S&P Global has introduced the S&P Digital Markets 50 Index — the first hybrid index that combines cryptocurrencies and the shares of companies linked to blockchain and digital assets. Developed in collaboration with Dinari, the index includes 15 of the largest cryptocurrencies and 35 publicly listed companies operating in blockchain infrastructure, digital finance, and fintech.
XRP/USD. The XRP/USD pair trades within a medium-term sideways channel between 3.1250 and 2.7344 (Murray levels [4/8]–[2/8]). Last week, after the start of the U.S. government shutdown, the pair rose to the upper boundary of the range but then pulled back, now testing the 2.8320 level (Murray [1/8]).
In his market analysis, Bastian (Bitbull YouTube) examines Solana (SOL) and highlights the key price levels to watch.
Starknet (STRK) is rising on the back of strong network activity and increasing TVL
For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.