
Articles
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1 week ago |
ccn.com | Ryan James |Victor Olanrewaju
Key TakeawaysTechnical indicators, including the MFI and RSI, suggest that PI is oversold. Trading volume has plunged from $3 billion in February to under $100 million. Both daily and 4-hour charts show the PI coin trapped in a descending triangle. PI, Pi Network’s native cryptocurrency, is at risk of a deeper capitulation. Once trading near $3, the cryptocurrency has experienced a notable decline, shedding 15% in the past week.
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2 weeks ago |
ccn.com | Ryan James |Victor Olanrewaju
Key TakeawaysBitcoin fell below $105,000 after Israel launched a strike against Iran, wiping out a potential move to a new high. Net Taker Volume on Binance hit $197M, showing aggressive Bitcoin selling and panic-driven market exits. On-chain data shows bearish dominance, with a Taker Buy/Sell Ratio below one and BTC trading below its 20 EMA. Bitcoin’s (BTC) price slid below $105,00 following news of Israeli military action against Iran.
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2 weeks ago |
ccn.com | Ryan James |Victor Olanrewaju
Key TakeawaysDespite softer-than-expected U.S. inflation figures, XRP’s price dropped, showing no bullish reaction to the macro news. Support sits at $2.09, while resistance levels are at $2.59 and $2.94, but XRP must break these levels to exit its stalemate. On the 4-hour chart, red AO bars and a negative CMF suggest selling pressure, with a possible dip to $2.06 or lower.
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2 weeks ago |
ccn.com | Ryan James |Victor Olanrewaju
”You’ll HYPE/USDT 4-Hour Chart | Credit: TradingView[/caption]If sustained, the Hyperliquid price might hit another all-time high in the short term. TVL FollowsLooking at the on-chain perspective, we examined Hyperliquid’s Total Value Locked. At press time, the TVL has also risen to a new high of $1.69 billion, according to data from DeFiLlama. TVL represents the total value of assets users have staked or locked into a DeFi protocol’s smart contracts.
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3 weeks ago |
coinedition.com | Victor Olanrewaju
Trump-backed World Liberty Financial airdropped $4M USD1 to 85,106 WLFI holders. Each eligible WLFI holder received $47 USD1 in a smooth Ethereum-based airdrop. WLFI tokens remain non-tradable, but a governance vote on trading is expected soon. World Liberty Financial has completed the long-awaited airdrop of its stablecoin, USD1, to holders of its native WLFI token. On June 4, the project, which has connections to U.S. President Donald Trump, announced the distribution of $4 million worth of USD1.
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