Crypto News
XRP Gains 4% as Ripple-SEC Settlement Spurs Institutional Buying
Token extends post-settlement rally on strong mid-session momentum, with volumes topping 140 million tokens as buyers test $3.30 resistance.Technical Analysis OverviewXRP rises 4% in the 24-hour period ending August 13, climbing from $3.15 to $3.25 within a $0.20 range (6% volatility). The bulk of gains occur between 12:00 and 20:00, when price moves from $3.15 to $3.30 on volume exceeding 140M units. Resistance forms at $3.30 as buying momentum slows, while support consolidates at $3.25-$3.26, showing orderly profit-taking without breaking bullish structure.The final trading hour sees a 1% retreat from $3.27 to $3.25 as late-session profit-taking emerges. Volume spikes above 5.9M during 00:32-00:33 point to controlled distribution by institutional desks while keeping price above key support.News BackgroundRipple Labs and the...
Celestia (TIA) Surges 9.59% as Bulls Reclaim $1.89 Support Level
TIA price climbs to $1.89 with strong bullish momentum, breaking above key moving averages as technical indicators signal potential reversal from recent lows. (Read More)Source link
PEPE Price Surges 9.17% as Bullish Momentum Builds in Meme Coin Rally
PEPE trades higher with strong bullish signals emerging from technical indicators, presenting new opportunities for cryptocurrency traders seeking momentum plays. (Read More)Source link
Binance Chief Backs US Crypto Regulation Overhaul, Eyes Global Standard
The U.S. is poised to redefine global crypto regulation with a groundbreaking framework enabling clear token standards, innovation pathways, and compliance models tailored to blockchain’s real-world dynamics. Binance Boss Sees US Setting Global Standard With Innovation-Friendly Regulation Binance chief executive Richard Teng outlined his support for U.S. efforts to modernize digital asset oversight on socialSource link
Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.As Asia begins its trading day, ETH is trading above $4600, up 10% in the last 24 hours, as the possibility of a rate cut in September works its way through the market. Some traders see it likely that ETH could quickly challenge its all-time high of $4876 set in 2021.Polymarket bettors are going a step further; they believe that $5000 is possible before the end of August, and they are also giving a 28% chance of the...