NEAR token faced selling pressure, pulling back to the key $2.00 support level after a recent rally. Despite a 2.72% drop and lower trading volume, buyers defended this psychological floor, preventing a deeper decline. The price is consolidating within a bullish pennant pattern, trapped below $2.18 resistance, which is crucial for a potential breakout. Technical indicators show stabilization but no clear bullish reversal yet. If NEAR breaks above $2.18, it could advance toward $2.82; failure to do so may prolong consolidation.
The CoinDesk 20 index fell 0.3% to 1711.6, with Ethereum (ETH) down 1% and Cronos (CRO) down 1.4%, marking them as the biggest decliners. Meanwhile, NEAR and ADA led gains with increases of 2.7% and 1.0%, respectively. The index reflects a broad rang...
The CoinDesk 20 Index rose 1.6% to 1687.72, with all 20 constituent cryptocurrencies trading higher. Uniswap (UNI) led the gains with a 4.5% increase, followed by Solana (SOL) up 2.6%. The broad-based index reflects positive momentum across major cry...
In the past 24 hours, USD Coin (USDC) experienced a net outflow of $141 million while Tether (USDT) saw a net inflow of $41.4 million, indicating a rotation of capital among stablecoins. Bitcoin showed heavy two-way flows with a small net outflow, su...
WhiteBIT Coin surged 14.10% to $50.96 following recent upgrades to its exchange platform aimed at improving user experience and security, boosting its market cap to $6.03 billion. Other notable gainers include Audiera, Morpho, Stable, and NEAR Protoc...
Arthur Hayes, BitMEX co-founder, argues that oil prices are the main driver of political and economic outcomes, overshadowing AI and cryptocurrency trends. Despite disruptions in the Strait of Hormuz, oil prices haven't risen enough to force compromi...
