The post XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy appeared on BitcoinEthereumNews.com.
Once again, XRP has encountered a wall of resistance in its most recent attempt at recovery. The asset briefly moved toward the declining trendline that has capped every rally since June after rising from the $1.02-$1.04 support zone. As was to be expected, sellers intervened close to the trendline and moving average intersection, pushing XRP back toward $1.09. Technically, the picture is still conflicting. Positively, XRP is still printing higher lows than the June bottom, indicating that buyers are not giving up on the asset entirely. Bearish momentum is much weaker than it was a month ago, as the RSI has also recovered from oversold territory and is still above 40. XRP/USDT Chart by TradingView The issue is that XRP is still stuck below the 50-day EMA, which is around $1.12, and the 100-day EMA, which is around $1.17. Every rally is t
The post Crypto Market Eyes Bitcoin, ETH, XRP, SOL Max Pain Price as CPI Data Looms appeared on BitcoinEthereumNews.com.
Crypto market traders are bracing for Bitcoin, Ethereum (ETH), XRP, and Solana (SOL) options expiry today. Traders anticipate short-term volatility in the broader crypto market ahead of next week’s US CPI and PPI inflation data releases. Seasonality, cooling jobless claims, and US-Iran technical talks have sparked a recovery in crypto prices. Bitcoin, ETH, XRP, and SOL jumped amid a fall in oil prices, US Treasury yields, and the US dollar index. Crypto market sets eyes on max pain amid potential recovery further. Crypto Market Braces for $1.5 Billion Bitcoin Options Expiry According to Deribit data, more than 23K BTC options with a notional value of almost $1.5 billion expire on July 10, with a put-call ratio of 1. In the last 24 hours, call volume remains higher than put volume with a put-call ratio of 0.75, indicating a neutral stance among traders. Moreover, max
The post Liquid staking survived with minimal outflows in Q2 appeared on BitcoinEthereumNews.com.
Liquid staking is one of the crypto sectors to survive almost unchanged in Q2. Protocols only lost 1.3% of their ETH, as long-term holders still showed confidence in Ethereum. Liquid staking holds 14.5M ETH, based on Cryptoquant data. The staked ETH lost just 1.3% from its all-time high, when 14.7M were locked for liquid staking. In the past three years, liquid staking deposits increased from 8.6M ETH to 14.5M ETH, a net gain of 68%. Liquid staking is a key source of reserves for DeFi lending, trading, and other operations. While almost all other crypto sectors have declined sharply in Q2, liquid staking shows its position as key infrastructure in the crypto space. Ethereum staking overall accelerated in the past quarter, adding another 1M ETH in June alone. Another 2.7M ETH are waiting to be staked in the validator queue. The recent staking inflows are also seen as an indicator of smar
The post Ethereum Foundation dissolves key protocol coordination team appeared on BitcoinEthereumNews.com.
The Ethereum Foundation has dissolved its Protocol Support team as part of a broader restructuring that recently cut about 20% of the nonprofit’s workforce. Summary Ethereum Foundation dissolved Protocol Support after five years coordinating upgrades, developer meetings and fellowship programs worldwide. Several team members lost their roles following the Foundation’s broader 20% workforce reduction announced recently. Core protocol work continues under Ethereum Foundation’s new structure, but some support programs face uncertainty. Protocol Support coordinated several parts of Ethereum’s development process. Its work covered core developer meetings, network upgrade tracking, Ethereum Improvement Proposal support and programs that trained new protocol contributors. The Protocol Support account confirmed the team’s closure on X. It also invited Ethereum organizations seeking experi
The post Solana Price Prediction: SOL Holds Near $77 as PumpFun Selling, Whale Activity, and 2023 Fractal Keep Traders Divided appeared on BitcoinEthereumNews.com.
Solana (SOL) trades near $77 as bulls defend $73-$76 support, while PumpFun selling, whale moves, and a 2023 fractal keep traders divided. The latest Solana price move has left traders split. Some are watching the $73 to $76 region as the key support zone for a possible move above $100, while others are focused on selling pressure from PumpFun and the risk of another deeper pullback. Currently, Solana price is trading near $77.61 after a softer 24-hour session, according to Brave New Coin data. Solana Price is in a Bounce Area Solana price is still holding above the lower support area for now, but the short-term structure remains fragile. Michaël van de Poppe highlighted the $73 to $76 region as the zone SOL needs to hold if bulls want to keep the upside case alive. Solana holds near a key $73-$76 bounce area, with bulls w
The post What KOLs Are Discussing About in the Crypto Market Today appeared on BitcoinEthereumNews.com.
Samson Mow says most people still don’t understand what true Bitcoin scarcity means. Ethereum’s growing demand is sustained by significant, sustainable L2 propagation. Experts believe the lifecycle of meme narratives is getting shorter with every cycle. The cryptocurrency market dynamics have been consistent over the years, with prices fluctuating in cycles and trends. Such a pattern triggers discussions among crypto community members, particularly key opinion leaders and experts who explore researched data and historical trends to predict the future. Notably, the evolving nature of the Bitcoin ecosystem triggers sentiments that differ from the digital asset’s early days. Experts analyzing this new phase, alongside developments in alternative cryptocurrency ecosystems, are projecting the crypto market, leaving pointers of what users should expect. Bitcoin is a Scarce Commodity One su
Robinhood Chain's entry into DeFi could reshape the landscape by leveraging its vast user base and regulatory position, challenging existing players.
The post Robinhood Chain launches as a serious competitor to Solana in the race for DeFi dominance appeared first on Crypto Briefing.
Mbappe's performance highlights the volatile intersection of sports and crypto, where unauthorized tokens surge, reflecting speculative trading trends.
The post Mbappe’s World Cup heroics fuel Solana meme token frenzy as France beats Morocco appeared first on Crypto Briefing.
