Solana's exchange balances increased by 1.17 million SOL over three weeks, raising concerns about potential sell pressure as the price struggles below $78.50 support. Despite this, Binance traders remain bullish, with 76.6% holding long positions, signaling confidence in a recovery. The price has stabilized around $62.32 support, showing signs of easing bearish pressure, but negative funding rates indicate cautious sentiment in derivatives markets. The mixed signals suggest traders are optimistic but wary of further downside risks.
TON blockchain, integrated with Telegram, has adopted a new consensus mechanism offering sub-second finality and almost zero fees, positioning it as a strong competitor to layer-1 blockchains like Solana. This technological upgrade may shift market i...
Bitcoin price rose above $63,000 following Donald Trump's announcement of canceled U.S. strikes on Iran and progress toward a peace agreement, reversing losses caused by higher-than-expected U.S. producer inflation data. Despite conflicting reports f...
Bitcoin rose about 1% to near $63,700 on June 12, recovering from a recent dip below $60,000 amid signs of easing U.S.-Iran tensions. The de-escalation reduced fears of rising oil prices and inflation, which had pressured risk assets including crypto...
Bitcoin is trading near $63,000 after a dip to $59,000, close to its realized price support of $53,600, with demand dropping sharply, especially from spot ETFs. Institutional buying pressure is waning, and investors have realized significant losses r...
Solana's price has recovered over 10% from its June low near $61 after a 36% drop from May's peak around $96, stabilizing above key support near $60-$62. Technical patterns like a multi-month falling wedge and a 4-hour ascending triangle suggest a po...
