After reaching a high of $19.99, Avalanche’s token AVAX was sharply rejected at the $20 psychological barrier, triggering accelerated selling that drove prices down to $18.61, according to CoinDesk research’s technical analysis model. The rejection coincided with peak trading volume of 1.9 million, suggesting large-scale profit-taking and position liquidations. The token is down 5.8% in…
XRP bulls appear to be facing one last test of conviction before the market’s next explosive phase, according to CryptoInsightUK’s video analysis released on 16 June. The British analyst argues that the token is sculpting an inverse head-and-shoulders formation whose right shoulder “still needs to form around the high-$1.80s” before any sustained rally can commence….
Bitcoin Magazine Thailand Approves Five Year Bitcoin And Crypto Tax Break Thailand has approved a five year tax exemption on capital gains from cryptocurrency trading made through licensed digital asset platforms. The exemption will be in effect from January 1, 2025, through December 31, 2029. JUST IN: Thailand’s cabinet approved personal tax waiver on profits…
Bitcoin Magazine DDC Enterprise Secures $528 Million to Expand Bitcoin Holdings Today, DDC Enterprise Limited (NYSE: DDC) announced it has raised three securities purchase agreements for a total of up to $528 million to expand its Bitcoin holdings. According to the press release, this is one of the largest single-purpose Bitcoin raises by any NYSE-listed…
Ether (ETH) ETH traded at $2,555.77 on Tuesday, down 3.7% over the past 24 hours after a sharp rejection near the $2,673 level triggered a wave of selling. The downturn follows several sessions of declining momentum and increasing volatility, culminating in a major sell-off late Monday that broke through initial support and left prices trending…
The discovery of a North Korea-linked developer who contributed to Cosmos code between 2022-2024 has triggered enhanced security measures, while major exchanges expand staking options for ATOM holders despite market pressure. ATOM is currently trading at $4.086 after losing 5.52% of its value over the past 24 hours. Technical analysis A sharp sell-off occurred during…
Angry Pepe Fork, BlockDAG, and Unstaked are among the most anticipated cryptocurrencies on presale. Angry Pepe Fork is the first token to bring GambleFi utility to a meme coin. With APYs exceeding 10,000%, early Ethereum-based based buyers may begin making money before the coin hits exchanges. Presale cryptocurrency projects will heat up in June 2025….
Key takeaways SOL is the worst performer among the top 10 cryptocurrencies today, down 3.5% in the last 24 hours. Its poor rally can be attributed to Pump.fun’s account ban on X and the ongoing conflict in the Middle East. Crypto market still reeling from the Middle East crisis The cryptocurrency market has had a…
Flare Network is helping push XRP deeper into decentralized finance (DeFi) with FXRP — a fully collateralized, non-custodial representation of XRP on Songbird — and a growing suite of infrastructure now drawing interest from retail and institutional players alike, according to a Messari report. Flare validates off-chain data without external middleware. The framework secures FAssets,…
The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt and equity through real-world asset specialist Global Settlement’s platform, the firm told CoinDesk. The purchase — orchestrated for Feniix Energy, a company that focuses on buying and operating energy assets in the…
