Author: coinadrenaline
Journalist Posted: February 24, 2025 Dogecoin exhibited a bearish market structure. The on-chain metrics showed a buy signal for the memecoin. Dogecoin [DOGE] has been trending downward since December. The leading memecoin has been unable to assert bullish momentum since failing to flip the $0.36-$0.38 zone to support a month ago. Since the 17th of February, the token has already shed 13%. This downward trajectory would likely take DOGE to a key support level at $0.215. Will the bulls be able to defend this level and initiate a comeback? Will the Dogecoin present a buying opportunity? Source: DOGE/USDT on TradingView…
Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone. Bitcoin started a fresh decline from the $99,500 zone. The price is trading below $97,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $96,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 zone. Bitcoin Price Dips Again Bitcoin price formed a base above the $95,500 level and started a recovery…
As a global public resource, technology must remain open, accessible, and dedicated to promoting the greater good. The Next Billion Fellowship Program is a testament to this vision, seeking to capture stories of communities whose lives are changing for the better. Today, we are proud to introduce seven individuals with remarkable stories to share. Their narratives offer a glimpse into their diverse contexts and possible futures — ones we cannot fully foresee but where humanity is uplifted. By drawing inspiration from the Next Billion Fellows’ stories, we hope to imagine a future where this open protocol of human coordination serves…
Bybit, a leading crypto exchange, has recently made massive $ETH acquisition. As per Lookonchain, Bybit has purchased 34,743 $ETH, raising its cumulative $ETH acquisition to more than 106,000 $ETH over past 24 hours. This is likely an effort to continue smooth withdrawals after losing $1.4 billion worth of ETH to crypto hack. The on-chain analytics platform took to social media to share insights into Bybit’s aggressive $ETH buyouts. Bybit Purchases Another $97.7M in $ETH, Raising 24-Hour Buyouts to 106,498 $ETH Lookonchain’s data discloses Bybit’s recent buyout of up to 34,743 $ETH. This amount reportedly equals a significant $97.7M. The crypto…
Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The demonstrators, fearing economic instability and loss of sovereignty, threw projectiles and set fires, resulting in police injuries and arrests. The Bulgarian government condemned the violence, […]
Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in open interest, with Bybit and Block Scholes reporting that Bitcoin (BTC) stayed steady while altcoins took the biggest hit. In a research report shared with crypto.news, Bybit stated that Bitcoin “outperformed relative to the wider crypto market,” adding that its perpetual swaps fared better as well. In contrast, the Ethereum (ETH) options market experienced a sharp spike in short-term volatility,…
In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly $1.26 billion—making them one of Ethereum’s most formidable custodians. Bybit Exploiter Joins Crypto’s Most Wanted List This […]
Cardano price started a fresh decline from the $0.820 zone. ADA is now consolidating losses and at risk of more losses below the $0.7350 level. ADA price started a fresh decline below the $0.80 and $0.7650 levels. The price is trading below $0.7750 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.7620 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.7750 resistance zone. Cardano Price Climbs Above $0.750 After a decent increase, Cardano faced resistance near the…
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Ethereum Network Too Interconnected For A Rollback, Beiko Says On February 21, Dubai-based exchange Bybit suffered the largest crypto hack in history as bad actors carted away $1.4 billion in mantle-staked ETH (mETH) and other ERC-20 tokens by comprising one of the exchange’s cold wallet. As expected, this development has rocked the industry drawing a discourse on various recovery channels. One of these…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…