Author: James Wilson
Markets are not anticipating much from the Federal Reserve’s meeting this week, but good news may be on the horizon for June. Stock indices saw mixed performance on Monday as traders awaited a major Federal Reserve announcement. The Dow Jones was trading at 41,414, up 96.64 points or 0.23%. Meanwhile, the S&P 500 slipped 12.9 points or 0.23% to 5,673, and the Nasdaq was down 54.21 points or 0.30% at 17,923. According to LPL Financial chief economist Jeffrey Roach, the Fed may use this week’s meeting to prepare investors for coming rate cuts. A combination of labor data and inflation…
With Bitcoin’s market cap nearing $2 trillion, Solv Protocol’s Ryan Chow says BTCFi could scale far beyond Ethereum’s decentralized finance if even a fraction becomes productive. Bitcoin’s (BTC) decentralized finance space — better known as BTCFi — is still in its early innings. But some see a huge opportunity taking shape. American crypto-focused hedge fund Pantera Capital, for instance, suggested it could unlock as much as $500 billion in value should it gain mainstream adoption. Solv Protocol, a platform that helps Bitcoin holders to do more with their BTC, appears to be one of the players betting on that future.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitclear’s co-founder Evgeny Skigin shares insights on regulation, innovation, and the future of decentralized finance. In 2018, Forbes published its first ranking of the world’s wealthiest crypto holders. But four years earlier, investor and entrepreneur Mr. Evgeny Skigin had already built a unique software solution for payment systems — becoming a pioneer in a niche no one knew existed. Since then, the crypto and blockchain space has rapidly evolved, with a surge in decentralized protocols and web3 services. Today,…
The United States has imposed sanctions on a Myanmar warlord and the militia he leads for their involvement in major cyber scams, including cryptocurrency-related fraud, that have harmed U.S. citizens. U.S. Department of Treasury’s Office of Foreign Assets Control announced the sanctions against Saw Chit Thu, the warlord leader of the militia group Karen National Army. The OFAC sanctions are also against Saw Chit Thu’s two sons Saw Htoo Eh Moo and Saw Chit Chit as well as KNA, with the Treasury Department designating them for not just cyber scam syndicates, but also human trafficking and cross-border smuggling. Per the…
Ethereum has been grinding against the $1,850 level for over a week, unable to break free due to a lack of momentum. Multiple technical barriers converge here, explaining the sustained struggle. Over the past several trading sessions, Ethereum’s (ETH) price has repeatedly tested, and failed to clear, the $1,850 area. This isn’t mere indecision: it’s the result of several key technical factors aligning to create formidable resistance. Without a surge in buying volume, ETH looks poised to remain range-bound or potentially pull back to lower supports. . Key technical points Converging Resistance: VWAP SR, 0.618 Fibonacci retracement, daily supply zone,…
Shiba Inu (SHIB) is currently trading at approximately $0.00001263, reflecting a slight decline of 0.015% over the past 24 hours. Despite this minor pullback, SHIB has shown resilience amid broader market fluctuations. In this article, we will look at Shiba inu price target by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. 📊 Shiba Inu Price Target Current Price: $0.00001263 24h Price Change: -0.015% 24h Range: $0.00001258 – $0.00001295 Market Cap: Approximately $7.98 billion 24h Trading Volume: Approximately $127.94 million Circulating Supply: Approximately 589.27 trillion SHIB Price is in a Downtrend, although there…
Web3 security platforms Immunefi and Dedaub are collaborating to enhance the capabilities of Immunefi’s newly launched security operations command center, Magnus. Together, Immunefi and Dedaub protect more than $220 billion in assets, with Dedaub offering security and auditing tools used by industry leaders including the Ethereum Foundation, Coinbase, EigenLayer, and Chainlink. The companies said in an announcement that their collaboration eyes an onchain firewall for Magnus, enabling real-time threat detection for users. Magnus is a recently introduced web3-focused SecOps command center designed to offer a single interface for security audits, bounties, network monitoring and firewalling. Meanwhile, Dedaub’s onchain firewall technology,…
IOTA token price remained on edge on Monday even as the developers activated the biggest upgrade in its history. IOTA (IOTA) dropped to $0.2040, a few points below last week’s high of $0.24. This retreat brought its market cap to $777 million. The main news on Monday was that the developers implemented Rebased, the biggest upgrade to date, benefiting both token holders and developers. Rebased introduced decentralization to the IOTA network by activating 150 top validators, including Ankr, Nansen, and Blockscope. This shift means IOTA holders who delegate their tokens will now earn between 10% and 15% in annual returns.…
XRP has just tested a powerful support zone where multiple technical signals converge. A successful hold here may pave the way for a fresh rally toward key resistance levels, including a run at $3.00. Ripple (XRP) dipped to the lower boundary of its long-term trading channel, only to find buyers stepping in at a level also marked by the 0.618 Fibonacci retracement of its prior swing. Simultaneously, price reclaimed the 200-day moving average and held above it. This alignment of support factors suggests that the recent pullback could be a low-risk entry point for bulls targeting higher levels—provided the setup…
Bitcoin’s recent rally is slowing after hitting a highly significant resistance zone. Three clear technical factors suggest a local top may be forming, with a short-term pullback increasingly likely. Over the weekend, Bitcoin’s price action began to stall after a strong move up over the past couple of weeks. The rejection isn’t happening randomly, it’s occurring at a level packed with technical resistance. If this area continues to hold as a ceiling, it may confirm a local top for now, potentially triggering a correction back to lower levels. Here’s what to watch as the new week begins. Key technical points…