Author: coinadrenaline

Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market. If this pattern plays out, LINK could be at risk of a steep drop, with key support levels facing increased pressure. Market sentiment appears cautious, as bulls attempt to hold the line against growing bearish momentum. A breakdown from this structure might accelerate losses, pushing LINK toward lower price zones. However, if buyers manage to invalidate the pattern, a…

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Este artículo también está disponible en español. Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines. Related Reading Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared a technical analysis on X, revealing that ETH recently took…

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The prospects of the SEC approving spot Solana ETF is sparking excitement though analysts project a lengthy journey ahead.  Despite the favorable odds for the US Securities and Exchange Commission (SEC) approving the Solana-based exchange-traded funds (ETFs), analysts consider their debut is uncertain. The ETF analysts attribute potential delay from pending regulatory review, pending enforcement actions and the public commentary on the filings. As such, the ETF gurus consider several matters could change for Solana hopefuls before the ETFs start trading. Bloomberg’s ETF analyst Eric Balchunas reflects on the recent development as the regulator failed to issue an outright…

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Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, prospecting for those resources in the field is always done beforehand, to ensure that any capital invested in a mining project will not be in vain. But due to the very nature of Bitcoin’s security protocol, miners are not able to prospect for anything, since finding a block is a purely statistical and random event. Since there are only 144 blocks to be found per day, there is no way to ensure that a miner’s work will be…

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The Protocol Security Research Team and the Ecosystem Funding Initiative at the Ethereum Foundation are proud to announce the launch of the ETH Rangers program to help incentivize Public Goods Security Work for the Ethereum Ecosystem. Public Goods Security Work ETH Rangers offers stipends to support individuals who dedicate time to work on public goods security efforts within the Ethereum ecosystem. Over six months, participants will be selected to each receive $25,000 USD. What type of work is considered Public Goods Security work? Public Goods Security work includes efforts to enhance the security and resilience of the Ethereum ecosystem. This…

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The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its high-profile enforcement case against Coinbase, pending approval from the agency’s commissioners, marking a pivotal moment in the regulator’s contentious oversight of the cryptocurrency sector. SEC Staff Recommends Dismissal of Coinbase Enforcement Case, Pending Final Approval The SEC’s enforcement division reportedly reached […]

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. United States President Donald Trump signed an executive order to create a sovereign wealth fund. While the media speculates whether the US government will invest in crypto, let’s take a broader look at the past and the potential future of Bitcoin (BTC). What formed Bitcoin’s trends? Over the last 17 years, Bitcoin’s price climbed from $0 to a historic high of $110,000, yet its trajectory has been anything but linear. In 2010, for instance, you needed five…

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A popular analyst thinks that one red-hot altcoin has a lot more upside potential after putting up huge gains within weeks. The pseudonymous analyst known as Altcoin Sherpa tells his 242,900 followers on the social media platform X that layer-1 blockchain Sonic (S) may soon hit $1. “S is still one of the strongest mid-caps there is right now. People forget this coin went to almost $4 last cycle. [Sonic Founder Andre Cronje] bull posting a lot plus some interesting activity over there. Send it way higher.” He also predicts that S may soon increase more than 16% of its…

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Este artículo también está disponible en español. In a technical update posted on X, crypto analyst More Crypto Online (@Morecryptoonl) presented a one-hour DOGE/USD chart (Binance) illustrating a precarious sideways movement and a potential turning point for the meme coin. At press time, Dogecoin is stuck around the $0.25 region, barely moving after a substantial drop in early February, with little to confirm a definitive bottom in place. Dogecoin Stuck In Limbo From the chart’s labeling, the analyst employs a blend of Elliott Wave counts and Fibonacci retracement levels to map out Dogecoin’s possible next steps. Notably, a broad corrective…

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