Author: coinadrenaline

XYO rallied over 30% as the project filled a key strategic position ahead of its anticipated Layer-1 blockchain launch. XYO rose to an intraday high of $0.0236, which is up 77% from its lowest point this week, while its market cap crossed $305 million as of press time. The altcoin’s trading volume surged 335% in the last 24 hours, exceeding $37 million, signaling an uptick in buying pressure. The rally materialized as the broader crypto market dipped 3.9% over the past 24 hours. Bitcoin (BTC) was down 1.5% when writing, while other major altcoins, such as Ethereum (ETH), XRP (XRP),…

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According to crypto analyst Crypto Yoddha, Ethereum (ETH) may have finally reached its bottom. The analyst shared their insights on X, suggesting that the second-largest cryptocurrency by market cap could be on the verge of a trend reversal. Is The Ethereum Bottom Finally In? Crypto Yoddha shared a 10-day ETH chart indicating that the digital asset has likely bottomed for this cycle. To support this analysis, the analyst highlighted striking similarities between ETH’s current price behavior and its movement during the 2019–2020 cycle. Source: Crypto Yoddha on X According to the analyst, Ethereum followed a similar price structure in its…

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HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit. The number […]

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Chainlink (LINK) is proving to be remarkably resilient in a challenging market. The digital asset stays at about $16.64, but recently its network reached a noteworthy milestone when 2,298 new addresses entered the ecosystem, signifying the most major increase since January. Although LINK is always trying to breach the $20 pricing limit, this increase of activity suggests a rising adoption. Market Dynamics Present A Multifaceted Picture The trading patterns of LINK indicate a persistent struggle with the $18 resistance level, which is also the 200-day exponential moving average (EMA). The asset continues to stand firm, despite numerous abortive attempts to…

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Bybit CEO Ben Zhou confirmed that the exchange restored Ethereum (ETH) reserves following the recent $1.4 billion security breach.In a Feb. 24 post on X, Zhou announced that Bybit will soon release an updated proof-of-reserves report demonstrating that it now holds client assets 1:1.He stated:“Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on client assets through merkle tree.”Zhou’s statement confirmed a report from blockchain analytics firm Lookonchain. The firm stated that Bybit replenished its reserves through over-the-counter (OTC) purchases, whale deposits,…

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Este artículo también está disponible en español. In his latest livestream, crypto chartist Kevin drilled down on Dogecoin’s price action, stressing both caution and optimism for the popular meme coin. Speaking to his YouTube audience, Kevin acknowledged Dogecoin’s history of dramatic price swings yet underlined that critical technical levels could spark the next substantial move. When Will Dogecoin’s Next Big Move Be? Kevin noted Dogecoin’s pattern of large retracements followed by new highs in previous bull markets. “Look at these moves, right? Every single pullback that Dogecoin got in the previous bull market—56%, 57%, 53%—all led to new highs,” he…

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Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar’s visit, at the invitation of Bahrain’s Crown Prince, aims to strengthen bilateral cooperation and benefit both nations’ economies. In early January 2025, […]

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