Shiba Inu (SHIB) crashed by more than 11% in the past 24 hours, losing a crucial support zone between $0.0000185 and $0.0000212 and trades at $0.00001765.
Speculation intensified after rumors about a now-deleted post by Elon Musk. The Twitter/X owner allegedly commented that “XRP is looking quite promising” before removing the post within 20 seconds.
Ethereum price has dropped over 7.87% today, testing critical support levels, with $84.5 million in liquidations occurred in the past 24 hours.
The crypto market situation today appears to suggest that the enthusiasm around the Trump inauguration might already be settling down.
Heavy crypto liquidations in the recent past have increased the odds of a long squeeze in most digital assets led by Bitcoin (BTC) and Ethereum (ETH).
With long traders losing nearly $790 million in liquidations, the crypto market remains on edge as investors await further signals from Trump’s administration on regulatory policies.
Amid the crashing global markets, Bitcoin bleeds quickly. Losing the $2 trillion valuation and the $100K support, bears are targeting an extending rally to $94K?
Despite SUI’s recent price slump, analysts remain optimistic about its long-term growth, urging investors to consider accumulating the token.
The House Oversight Committee launches an investigation into claims of systematic crypto debanking, requesting evidence from industry leaders amid regulatory shift.
Tron founder Justin Sun alleges market manipulation by Chain, leading to potential legal action as Onyxcoin (XCN) surges 400% amid heated exchange.
XCN token hits two-year high with 800% gains in two weeks, following resolution with HTX Global and Justin Sun, while trading volume spikes 270% to $1.4B.
Venture capital giant a16z shifts focus from UK crypto investments to US market following Trump’s re-election, signaling strategic realignment amid changing regulatory landscape.
With Trump’s backing for stablecoins, ECB insiders are pushing for a CBDC alternative to match the competition.
MicroStrategy unveils plans to redeem $1.05 billion in convertible senior notes due 2027, with holders having until February 2025 to convert notes to Class A shares.
In a significant move, Trump established a new cryptocurrency working group without the Federal Reserve and FDIC, sparking industry discussions about regulatory approach and financial innovation.