Solana (SOL) Faces Critical Test at $76 Support Level as Bears Target 22% Decline

Crypto ETF flows split sharply on Wed., July 8, as bitcoin ETFs returned to outflows with an $84.9 million exit. Ether ETFs remained the clear bright spot, drawing $70.5 million for a fifth straight day of inflows, while HYPE stayed positive and both solana and XRP funds moved lower. Grayscale’s GBTC Leads $84.9 Million Bitcoin […]

The post AscendEX Shuts Down as User Balance Payouts Remain Uncertain appeared on BitcoinEthereumNews.com. AscendEX shut down after MiCA pressure, weak liquidity, and failed funding left operations unsustainable. Users face delayed manual withdrawals, with the exchange unable to guarantee full balance recovery. ZachXBT had flagged nearly empty hot wallets before the shutdown, including ETH, USDT, USDC, and SOL. The closure revives custody concerns after AscendEX’s 2021 breach, which caused about $78M in losses. AscendEX has shut down after regulatory, financial, and operational pressures pushed the crypto exchange into a controlled offboarding process. The platform ceased operations on July 1, then published a notice on July 6 explaining the decision. JUST IN: ASCENDEX SHUTS DOWN AND USERS MAY NOT GET FULL BALANCES BACK Crypto exchange AscendEX has ceased operations on July 1, citing MiCA, regulatory, financial and operational pressure. The company’s statement indicated that current li

The post Solana Price Today Analysis: Recovery at Critical $79 Level appeared on BitcoinEthereumNews.com. As of July 9, 2026, the Solana price today sits at $78.23 with markets gripped by Extreme Fear. The total crypto cap at $2.24 trillion, according to CoinGecko, has barely moved in 24 hours. This bounce reflects the absence of new sellers, not genuine conviction — a fragile setup. SOL/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways Solana trades at $78.23, up from recent lows but still 21% below its 200-day moving average of $99.31. The Fear & Greed Index has collapsed to 22, signaling Extreme Fear across the crypto market. Bitcoin dominance holds at 56.08%, confirming capital remains huddled in the flagship asset rather than flowing into altcoins. The daily MACD shows a trending-up configuration at 1.93 above signal, while the RSI sits at a neutral 54.74. On-chain activity is fragmented: PumpSwap fees surged 150.73% over 30 days, but Raydium fees dropped

The post SOL Price Prediction: $80 Make-or-Break — Bull Trap or Launchpad to $92? appeared on BitcoinEthereumNews.com. Rongchai Wang Jul 09, 2026 07:44 SOL is coiling at $78.20 directly beneath a resistance cluster at $79.26–$80.31 with momentum fully exhausted — break above on volume and $85–$92 opens fast, but a failure here sends this straight … Market Context: Why SOL is Moving Now SOL is posting a 0.13% move in 24 hours, which sounds like nothing — and right now, it practically is. But don’t mistake stillness for safety. The coin is sitting directly beneath a resistance shelf that spans $79.26 to $80.31, and how price handles that zone over the next 48–72 hours will determine whether this is a legitimate base-building consolidation or the quiet exhaustion phase of a dead-cat bounce. The structural picture is more sobering than the short-term setup suggests. SOL is trading more than 15% below its 200-day moving average at $92.50. That overhead gravity doesn’t disa

The post Bitcoin Bear Market Bottom Builds as Holders Absorb 43% of Losses appeared on BitcoinEthereumNews.com. i This article is for informational purposes only and does not constitute investment advice. The content does not represent a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult a qualified financial advisor before making investment decisions. The information provided may not be current and could become outdated. While AI was used in the creation process, every article is meticulously edited, independently fact-checked, and ultimately approved and published by a human editor. Read full disclaimer Source: https://www.crypto-news-flash.com/bitcoin-bear-market-bottom-holders-losses/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-bear-market-bottom-holders-losses

The post USD/CAD Price Forecast: Hovers above 1.4150 as bullish bias prevails appeared on BitcoinEthereumNews.com. USD/CAD moves sideways after two days of losses, trading around 1.4170 during the European hours on Thursday. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, indicating a persistent bullish bias. The USD/CAD is retaining a bullish near-term bias as it holds comfortably above the 50-period Exponential Moving Average (EMA). Price is pressing against the short-term nine-period EMA, which acts as immediate resistance, while the 14-day Relative Strength Index (RSI) around 64 stays in positive territory but off extreme overbought readings, hinting at sustained upside momentum with some scope for consolidation. The USD/CAD pair may test the immediate barrier at the nine-day EMA of 1.4182, followed by the primary barrier at the nearly 15-month high of 1.4248, reached on June 24. Further advances would expose the upper

Bitcoin has spent five months below its key on-chain cost levels, a zone Glassnode describes as deep value territor Long-term holders now account for nearly half of all realized losses across the network. ETF outflows have slowed noticeably, though institutional trading activity remains a fraction of last year’s peak. Analyst targets for the cycle low [...]

The post Japanese Yen: Downside bias but mixed outlook – UOB appeared on BitcoinEthereumNews.com. United Overseas Bank’s (UOB) Quek Ser Leang notes USD/JPY retains an upside bias, with scope for a test of 162.80 intraday while major resistance at 163.00 is unlikely to be reached. Over 1–3 weeks, the outlook is mixed, with trading expected between 160.60 and 163.00. On a 1–3 month view, the advance can extend as long as the pair holds above the 21-day EMA at 161.00. Advance intact while above 161.00 “24-HOUR VIEW: While we indicated yesterday that “the bias for USD is tilted to the upside,” we pointed out that “any advance is likely to be limited to a test of 162.70.” We pointed out that “support is at 162.00, followed by 161.80.” We were not wrong, as after dipping briefly to 162.05, USD rose and printed a high of 162.70. USD then eased from the high to close at 162.58 (+0.30%). Although there has been no clear increase in upward momentum, there is scope for USD to test 162.80 before a