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Crypto

Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum

Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum

3 months ago by Crypto InsightsCrypto

According to CoinDesk Research’s technical analysis data model, solana SOL$144.51 crashes through critical support levels in a dramatic Wednesday session. The token plunged 5.24% to $145.43, erasing gains from the previous week. Trading volume exploded 13.23% above weekly averages as institutional selling dominated price action.… Read More

XLM Tumbles Below Key $0.285 Support as Bears Take Over

XLM Tumbles Below Key $0.285 Support as Bears Take Over

3 months ago by Crypto InsightsCrypto

Stellar faced selling pressure during Tuesday’s session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels. The breakdown accelerated at 14:00… Read More

Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%

Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%

3 months ago by Crypto InsightsCrypto

Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation… Read More

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

3 months ago by Crypto InsightsCrypto

According to CoinDesk Research’s technical analysis data model, bitcoin BTC$102,458.40 retreated in measured fashion during Tuesday’s trading session, sliding from $103,177 to $102,203 while carving out clear bearish structure after probing session highs above $105,300. The world’s most valuable cryptocurrency moved within a hefty $3,289… Read More

Shayne Coplan Speaks at Cantor Conference

Shayne Coplan Speaks at Cantor Conference

3 months ago by Crypto InsightsCrypto

Miami Beach — When Shayne Coplan launched Polymarket, he didn’t have a team or major funding. What he had was a blockchain, a strong conviction and a laptop. “I’m a solo founder. I literally started with next to no money,” Coplan said during a conversation… Read More

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

3 months ago by Crypto InsightsCrypto

Investment bank William Blair reiterated its outperform rating on Circle (CRCL) shares after the stablecoin issuer’s third-quarter results topped both the bank’s and Wall Street estimates. The share were 3.9% lower in pre-market trading Wednesday, around $94.50. Analyst Andrew Jeffrey continues to see USDC as… Read More

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