March 12, 2025 1:21 pm
Key moments Solana experienced price fluctuations on Monday, hitting a $130 peak after dipping below $124. Solana’s price has dropped 8% below its “Realized Price,” a key indicator of investor cost basis. This comes as the SEC delays ETF decisions for Solana and other altcoins until May, adding to existing market uncertainty. Solana Managed to […]
Read moreMarch 12, 2025 1:13 pm
Key moments Active XRP addresses plummet from 530,000 to 123,000, indicating a sharp decline in investor participation. XRP holds above $2.00, with $2.14 acting as a crucial support level despite a 22% correction. XRP faces resistance at $2.33, while a drop below $2.14 could lead to a further decline to $1.94. Declining Investor Participation and […]
Read moreMarch 12, 2025 11:38 am
Key moments The New Zealand Dollar fell to around $0.57 on Wednesday, briefly dipping below that level. Trump’s unpredictable tariffs have increased risk aversion and negatively impacted the NZD. New Zealand’s electronic card transactions rose 0.3% to NZD 6,528 million in February. New Zealand Dollar Struggles as Market Sentiment Turns Sour The New Zealand Dollar […]
Read moreMarch 12, 2025 8:24 am
Key moments Indian Rupee experiences an uptrend during the Asian trading session. Potential RBI intervention and a weaker US Dollar provide support to the INR. Market focus shifts to the release of Indian and US CPI inflation reports. Indian Rupee Strengthens Ahead of Key Inflation Data The Indian Rupee (INR) has shown signs of strengthening […]
Read moreMarch 12, 2025 7:49 am
Key moments Bitcoin’s value jumped by 7.5% on Wednesday, reaching $82,910 temporarily. Despite the short-lived rise, Bitcoin’s price returned below $82,000, failing to maintain upward momentum. Selling pressure is intensifying as short-term holders liquidate their holdings at a loss. Bitcoin’s Price Falls Back Below $82,000 Amid Ongoing Instability The cryptocurrency landscape remains turbulent as Bitcoin’s […]
Read moreMarch 12, 2025 7:32 am
Key moments Ongoing technical difficulties impede KYC verification and mainnet migration for Pi Network users. Pi Coin experiences a 12% decrease in value within a week, trading at approximately $1.55. Community anticipation for a Binance listing remains high, despite no official announcement from the exchange. Pi Network Faces Migration Hurdles and Listing Uncertainty The Pi […]
Read moreMarch 11, 2025 2:37 pm
Key moments Renewed optimism regarding Germany’s potential defense spending increase drove the EUR/USD past the $1.0900 level. Marking a seven-day decline, the dollar index plummeted to a low not seen since October 2024. Growing anxieties regarding a potential U.S. recession have diminished the dollar’s diminished appeal as a safe-haven asset. German Defense Spending Hopes Fuel […]
Read moreMarch 11, 2025 2:34 pm
Key moments Canadian Dollar at lows last seen in early August 2020 as US slaps 50% tariff on Canada metals Euro boosted by optimism over German defense spending deal Bank of Canada expected to cut policy rate by 25 basis points The EUR/CAD currency pair scaled a fresh 55-month peak on Tuesday, as US President […]
Read moreMarch 11, 2025 1:04 pm
Key moments A rapid 12% drop sent Ethereum’s price plummeting to $1,755 on Tuesday. Though it has since climbed back to around $1,890 and $1,900, Ethereum could not reach the $2,000 threshold. Heavy liquidations, exceeding $240 million in a single day, intensified Ethereum’s price decline. Concerns Over U.S. Recession Have Compounded Ethereum’s Recent Challenges A […]
Read moreMarch 11, 2025 12:53 pm
Key moments Cardano’s ADA price rebounds slightly after a significant drop, retesting a critical support level around $0.64. On-chain data indicates growing bullish sentiment, with the funding rate turning positive and bullish bets reaching a monthly high. Despite positive indicators, a daily close below $0.57 would invalidate the bullish outlook, potentially leading to further declines. […]
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