Solana started a fresh decline and retested the $145 support zone. SOL price is now recovering and might aim for a fresh increase above the $150 zone. SOL price started a fresh decline after it failed to clear $160 against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $147 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $152 resistance zone. Solana Price Trims Gains Solana price struggled to continue higher above $160 and started a fresh decline, like Bitcoin and Ethereum . SOL declined below the $155 and $152 support levels. It even dipped below $150 and tested the $145 zone. A low was formed at $144 and the price is now correcting some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $160 swing high to the $144 low. Besides, there was a break above a key bearish trend line with resistance at $147 on the hourly chart of the SOL/USD pair. Solana is now trading below $150 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $150 level. The next major resistance is near the $152 level. It is close to the 50% Fib retracement level of the downward move from the $160 swing high to the $144 low. The main resistance could be $155. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $160. Any more gains might send the price toward the $165 level. Another Decline in SOL? If SOL fails to rise above the $150 resistance, it could start another decline. Initial support on the downside is near the $145 zone. The first major support is near the $142 level. A break below the $142 level might send the price toward the $136 zone. If there is a close below the $136 support, the price could decline toward the $125 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $145 and $142. Major Resistance Levels – $152 and $155.
Korean virtual asset investors show a clear preference for Bitcoin ( BTC) as a primary holding, gradually diversifying into altcoins and stablecoins as they gain experience, according to a new study. Crypto Investors Typically Hold Two Coins A new study from the Hana Financial Research Institute highlights a significant trend among Korean virtual asset investors:
Price appreciation of ETH is the key mandate for the Ethereum Community Foundation, declared Zak Cole.
Arizona Governor Katie Hobbs has vetoed House Bill 2324, halting the creation of a Bitcoin Reserve Fund financed through seized cryptocurrencies, marking a significant stance on digital asset management in
The leading trader on Hyper’s profit leaderboard has successfully liquidated all ETH long positions, securing a realized profit and loss of $25,920.99. This strategic exit underscores a disciplined approach to
Crypto hacking techniques haven’t advanced much, but they’ve become far more cunning, warns SlowMist’s head of operations.
Binance CEO Changpeng Zhao has made a significant $10 million BNB donation to Ethereum co-founder Vitalik Buterin, supporting innovative open-source biotech projects. This philanthropic move underscores a growing trend of
On July 2nd, blockchain analytics platform Onchain Lens reported a significant transaction involving a whale who moved 1,345 BTC from Binance in a span of two hours. This transfer, amounting
United States authorities have sanctioned a crypto wallet linked to Russia-based Aeza Group, accused of enabling ransomware operations and darknet markets. According to the Treasury’s Office of Foreign Assets Control (OFAC), the designation targets Aeza Group’s entire cyber infrastructure, including affiliated entities and four individuals in leadership roles. The group allegedly offered bulletproof hosting services that allowed ransomware operators, malware distributors, and darknet vendors to operate with impunity by evading detection and law enforcement. The sanctions extend to Aeza International Ltd., a UK-based front company used to lease IP addresses to cybercriminals, as well as two Russia-based subsidiaries, Aeza Logistic LLC and Cloud Solutions LLC. OFAC also designated four senior executives, including CEO Arsenii Penzev and general director Yurii Bozoyan, both of whom were arrested by Russian law enforcement for their involvement in the darknet drug marketplace Blacksprut. Aeza’s infrastructure reportedly supported groups like Meduza and Lumma infostealer operators, BianLian ransomware, RedLine infostealer panels, and the now-defunct Blacksprut marketplace. These services allowed threat actors to steal sensitive data and siphon funds from global victims, including crypto users. You might also like: Russian-British dual national charged for sending crypto to fund pro-Russian militias in Ukraine The designated crypto address, hosted on the Tron blockchain, was identified as an administrative wallet used to receive payments for Aeza’s services. According to Chainalysis, the wallet processed over $350,000 in crypto and funneled payments through a third-party processor to obscure the financial trail and make tracing difficult. Investigators reportedly found that the wallet received direct payments from customers, including infostealer vendors, and routed illicit funds to various cryptocurrency exchanges. A separate report from blockchain intelligence firm TRM Labs corroborated these findings, noting that the designated address showed “regular cash-out points to global cryptocurrency exchanges” and payment service providers. Analysts observed that the payment patterns aligned with known pricing for Aeza’s hosting services, suggesting that infostealer vendors and other threat actors were likely among the group’s customers. TRM also identified links between the wallet and other cybercrime platforms through intermediary addresses, including connections to the sanctioned Russian crypto exchange Garantex. TRM said that websites linked to Aeza and its affiliates had gone offline shortly after the designation was announced. “Today’s designations underscore a continuing trend of growing focus by authorities on disrupting not just individual threat actors, but also the infrastructure that enables their operations,” TRM said. “Aeza Group’s role in facilitating global cybercrime illustrates how infrastructure providers can serve as critical enablers—and potential pressure points—for law enforcement and regulators alike.” Earlier this year, OFAC led a coordinated effort with the United Kingdom and Australia to sanction another Russia-based bulletproof hosting provider, Zservers, for offering infrastructure to the LockBit ransomware gang. OFAC targets crypto wallets Beyond infrastructure, OFAC has also been focused on dismantling crypto-based cybercrime financing. In April, the agency sanctioned eight crypto addresses used by Yemen’s Houthi movement to fund arms procurement and terrorist activities. On-chain data showed over $45 million moved through Garantex in connection with these operations. Similarly, in March, OFAC blacklisted 49 crypto wallets tied to Nemesis, a darknet marketplace operated by Iranian national Behrouz Parsarad. The site was involved in trafficking fentanyl and other synthetic drugs, processing nearly $30 million in sales using Bitcoin and Monero before its seizure in 2024. Read more: Russian ruble-backed stablecoin A7A5 moves $9.3B in four months: report
Arizona Governor Katie Hobbs has vetoed multiple bills aimed at integrating Bitcoin and other cryptocurrencies into state-managed financial frameworks, signaling a cautious stance on digital assets. Despite legislative efforts to