Crypto News

PEPE Price Drops 4.39% as Technical Indicators Flash Mixed Signals

Pepe (PEPE) faces selling pressure with neutral RSI at 48.50, while strong bullish trend remains intact despite recent decline in PEPE/USDT trading. (Read More)Source link

StablecoinX Launches With $360 Million Backing for Ethena Treasury

TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced theSource link

Bitcoin Slides to $115K as Dow Jones Rally Stalls at December-January High

Bitcoin's (BTC) price dropped early Friday, marking a bearish resolution to the recent range play as the U.S. equity markets showed signs of an uptrend exhaustion at key price resistance.The leading cryptocurrency by market value slipped over 2.5% to $115,170, hitting the lowest since July 10, according to CoinDesk. The move marked the downside break of the recent consolidation between $116,000 and $120,000.The so-called range breakdown follows bearish hints from key technical indicators and has increased the possibility of prices revisiting the former resistance-turned-support at $11,956, the high clocked in May.The broader cryptocurrency market wilted, with ether (ETH), Solana (SOL), and XRP (XRP) losing 2% to 3%. The CoinDesk 80 index, the broader market gauge, stood at 898 points at...

Crypto Market Retreats Amid Record Liquidity and Signs of Froth

Despite record liquidity levels, traders are pulling back as leveraged positions unwind and profit-taking accelerates across major tokens.Source link

Injective (INJ) Tests $13.31 Support After Breaking Multi-Week Downtrend

INJ trades at $13.31 (-1.48% in 24h) as bulls defend key support following last week's 14% surge driven by EVM testnet launch and major partnerships. (Read More)Source link