Making a case for 28% crash in Fantom price
Fantom (FTM) price has been trading with a bearish bias since early February, recording lower highs and lower lows as the price consolidated within a descending parallel channel. Like the rest of the altcoins, FTM follows the bearish wave of Bitcoin (BTC) with monitoring resources showing that the king crypto’s price action has lost an essential technical support level.
Three reasons why Ripple price buckle under pressure and crash 20% soon
Ripple (XRP) price sees markets gearing up for some massive risk events on the economic calendar. One could even say that bulls have dropped the ball and did not use the quiet window of opportunity last week to stretch that rally toward $0.42 yet again. Instead, more profit-taking happened along the way, making it very difficult to see any upside as US Fed Chairman Jerome Powell takes the stage twice this week and the US jobs report hits the wires on Friday.
Can the growth of AAVE V3 deployment on Ethereum catalyze recovery in the DeFi token?
AAVE V3 was first deployed on Ethereum on January 27. Since then the DeFi protocol witnessed massive growth, adding nearly 11 new assets within a month of its deployment. The Total Value Locked (TVL) in AAVE V3 hit a five-month peak at $831.82 million with the rise in borrowing of Ethereum supplied by liquidity providers.
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Prisma price tanks 25% after nearly $9 million exploit
Prisma Finance (PRISMA) is being exploited, and the attacker has so far pulled $9 million in Ethereum from the borrowing protocol. Prisma asked vault owners to take the necessary steps to protect funds from the ongoing attack in an official tweet on X.
Meme coins gain traction after SEC’s partial win in Coinbase lawsuit: DOGE, SHIB, BRETT, POPCAT, BODEN
US SEC pocketed a partial win in its lawsuit against Coinbase, ushering a correction in crypto prices on Thursday. Despite the broad pullback, prices of meme coins like Dogecoin, Shiba Inu and Solana-based BRETT, POPCAT and BODEN increased.
Ondo moves $95 million worth of OUSG assets to BUIDL as tokenized fund attracts $245 million since debut
Ondo Finance (ONDO) announced on Wednesday that it's shifting about $95 million worth of its OUSG's underlying assets to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
XRP price stuck below $0.65 resistance, Ripple lawsuit could suffer from Coinbase defeat
XRP price falls slightly to $0.61 on Thursday after its landmark programmatic sales ruling in July, which gave Ripple a partial victory against the US SEC, failed to reverberate in a similar legal battle between the regulator and crypto exchange Coinbase.
Bitcoin: BTC may have recovered, but is it out of the woods?
Bitcoin’s (BTC) upward momentum has shown a significant decline for the past two weeks or so. This development led to a bearish signal on the weekly and an uncertain outlook on the monthly.