XRP is experiencing a significant price drop, with further declines possible. Technical patterns indicate critical support levels that could lead to deeper falls. Continue Reading: Watch Out: XRP Faces Potential Downturn as Market Dynamics Shift The post Watch Out: XRP Faces Potential Downturn as Market Dynamics Shift appeared first on COINTURK NEWS .
On March 13th, COINOTAG reported insights from Santiment regarding the current state of crypto trading dynamics. Following a peak in trading volume on February 27th, the overall activity in the
Crypto analyst Tony Severino has warned that the Bitcoin price risks a further crash. This came as he revealed a critical technical indicator, which has turned bearish for the flagship crypto, although he noted that BTC bulls can still invalidate this current bearish setup. Bitcoin Price At Risk Of Further Crash As S&P Monthly LMACD Turns Bearish In an X post, Severino indicated that the Bitcoin price could crash further as the S&P 500 monthly LMACD has begun to cross bearish and the histogram has turned red. This development is significant as IntoTheBlock data shows that BTC and the stock market still have a strong positive price correlation. Related Reading: Bitcoin Price Action Says Bottom Is In, Analyst Reveals What’s Coming The crypto analyst stated that BTC bulls can turn this bearish setup for the Bitcoin price in the next 20 days, as diverging would lead to a bullish setup instead. However, the Bulls’ failure to turn this around for Bitcoin could lead to a massive decline for the flagship crypto, worse than it has already witnessed. Severino stated that a confirmation of this bearish setup at the end of the month could kick off a bear market or Black Swan type event similar to what happened when the last two crossovers occurred. It is worth mentioning that BTC has already crashed to as low as $76,000 recently, sparking concerns that the bear market might already be here. However, crypto experts such as BitMEX co-founder Arthur Hayes have suggested that the bull market is still well in play for the Bitcoin price. Hayes noted that BTC has corrected around 30% from its current all-time high (ATH), which he remarked is normal in a bull run. The BitMEX founder predicts that the flagship crypto will rebound once the US Federal Reserve begins to ease its monetary policies. BTC Still Looking Good Despite Recent Crash Crypto analyst Kevin Capital has suggested that the Bitcoin price still looks good despite the recent crash. In his latest market update, he stated that BTC remains the best-looking chart and that everything is going according to plan for the flagship crypto. The analyst predicts that Bitcoin could still come down and test the range between $70,000 and $75,000, which he claims would still be completely fine. Related Reading: Bitcoin 77% Correction To $25,000, Will History Repeat Itself Kevin Capital remarked that the Bitcoin price could remain afloat if it holds a key market structure and the 3-day MACD resets. He added that some decent macro data could help the flagship crypto stay above key support levels. The US CPI data will be released today, which could provide some relief for the market if it shows that inflation is slowing. The analyst is confident that one good inflation report and the FOMC can help turn the tides. At the time of writing, the Bitcoin price is trading at around $81,860, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Alameda Research unlocked approximately $23 million worth of Solana tokens, yet the overall effect on SOL’s price and demand remained minimal. The redistributed tokens reached 38 addresses affiliated with FTX,
Ripple’s high-stakes legal battle with the SEC may soon end, as negotiations reportedly center on vacating a key ruling that imposed a $125 million fine. SEC vs. Ripple Nears Settlement? Report Suggests a Resolution Is Closer Than Ever The U.S. Securities and Exchange Commission (SEC) case against Ripple regarding the sale of XRP could be
Governments worldwide are increasing their participation in the cryptocurrency sector following the establishment of the U.S. Strategic Bitcoin Reserve. Coinbase CEO Brian Armstrong has stated that more government institutions are showing interest in digital assets, with a growing number engaging in trading, custody, and blockchain applications. Coinbase CEO: US Bitcoin Reserve Sparks More Government Crypto Adoption In a recent post on X platform, Coinbase CEO Brian Armstrong announced that the company now collaborates with 145 government entities in the United States and 29 internationally. The company provides services such as custody, trading, and blockchain infrastructure to these institutions. Cobase CEO Armstrong noted that the launch of the U.S. Strategic Bitcoin Reserve has accelerated interest from government bodies. More institutions are looking to integrate digital assets into their financial frameworks. The top crypto exchange has positioned itself as a primary partner for public-sector organizations seeking to engage with crypto securely. More so, just days ago, the exchange secured its registration with the Financial Intelligence Unit (FIU), marking a key step toward resuming operations in India . Coinbase’s return follows a period of regulatory adjustments in the country. India’s crypto market, with its growing adoption, presents an opportunity for the exchange’s expansion. Government Partnerships for Crypto Services Coinbase has built relationships with multiple government entities at the federal, state, and local levels. The company provides custody solutions, trading infrastructure, and blockchain integration services to these institutions. As a publicly traded company, Coinbase adheres to strict regulatory standards. The firm emphasizes compliance and security, which has contributed to its role as a trusted crypto partner for governments worldwide. Notably, Coinbase has safeguarded digital assets for over 13 years without experiencing a security breach. The company employs advanced encryption methods, multi-factor authentication, and physical security measures to protect digital holdings. Governments are not only interested in Bitcoin as a store of value but also in blockchain technology for operational improvements. Public institutions are exploring the use of blockchain for secure transactions, record-keeping, and financial management. Coinbase CEO revealed the Exchange offers, portfolio management, due diligence, and technical solutions to support government entities in their crypto adoption. Additionally, most recently, Coinbase CEO Brian Armstrong shared that the top crypto exchange plans to accelerate its U.S. expansion by hiring 1,000 employees in 2025. This decision comes as regulatory clarity improves, allowing Coinbase to focus on growth rather than legal uncertainties. The post Coinbase CEO Says More Governments Embracing Crypto Post US Reserve appeared first on CoinGape .
Recent reports indicate that U.S. Senator Cynthia Lummis has unveiled the Strategic Bitcoin Reserve Act, which has now been officially posted on the congressional website. This legislative initiative aims to
ECB's digital euro project faces scrutiny after TARGET2 system failure. Concerns rise regarding the reliability and implementation of the digital euro. Continue Reading: ECB’s Digital Euro Project Faces Scrutiny Following Payment System Failure The post ECB’s Digital Euro Project Faces Scrutiny Following Payment System Failure appeared first on COINTURK NEWS .
The crypto market capitalization has surged to $2.69 trillion—yet investors are withdrawing funds from ETFs, indicating a potential shift in sentiment. Bitcoin and Ether ETFs have witnessed consecutive days of
Only a few moves on XRP can end bear market, but with BTC at $75,000 and meme coins like SHIB struggling, it might not be enough