XRP saw a sudden drop in spot trading volume after an earlier rise, falling 32% as traders weigh what comes next to the markets. Continue reading XRP Drops 32% in Volume: Is It Concerning?
The post Bitcoin Cash Tests $488 Support as Crypto Market Faces Broad Selling Pressure appeared com. Peter Zhang Nov 16, 2025 15: 40 BCH price drops 3. 7% to $487. 90 amid technical weakness, with bears targeting key support levels as broader crypto market declines continue. Quick Take • BCH trading at $487. 90 (down 3. 7% in 24h) • Trading on technical factors in absence of major catalysts • Testing critical support near pivot point of $494. 73 • Following Bitcoin’s bearish momentum across crypto markets Market Events Driving Bitcoin Cash Price Movement No significant news events have emerged in the past 48 hours to drive Bitcoin Cash price action. The BCH price decline appears driven primarily by technical selling pressure and broader cryptocurrency market weakness, with Bitcoin leading the downside momentum that’s affecting most altcoins. The absence of major catalysts has left Bitcoin Cash vulnerable to technical trading patterns, with the digital asset failing to hold above its short-term moving averages. Trading volume on Binance spot market reached $11. 2 million over 24 hours, indicating moderate institutional interest despite the price decline. Market participants appear to be taking profits near resistance levels while testing the resolve of buyers at lower support zones. The current price action suggests traders are positioning for a potential break below the $488 level, which could accelerate selling toward stronger support areas. BCH Technical Analysis: Bearish Momentum Building Price Action Context Bitcoin Cash technical analysis reveals concerning weakness as the BCH price trades below all key short-term moving averages. The asset sits beneath the 7-day SMA at $501. 43, 20-day SMA at $512. 50, and 50-day SMA at $527. 24, creating a bearish technical structure. Notably, BCH remains above the 200-day SMA at $509. 28, providing some longer-term support context. The current positioning within the Bollinger Bands shows BCH at just 25. 9% of the band width, indicating the price is approaching oversold territory. Continue reading Bitcoin Cash Tests $488 Support as Crypto Market Faces Broad Selling Pressure
The post Market Plunge, BTC vs Gold, and Kazakhstan National Crypto appeared com. Nov 09, 2025 at 22: 11 // News A review of the top 5 most impactful cryptocurrency news stories from that week from Coinidol. com. This week was defined by a massive market correction that wiped out most of the year’s gains, contrasting sharply with critical regulatory and institutional moves that confirmed the industry’s long-term maturation. Market plunge and $400 billion wipeout The defining event of the week was a severe market downturn that saw nearly $400 billion wiped from the total crypto market capitalization between November 1st and November 8th. Bitcoin (BTC) briefly dipped below the $100,000 psychological threshold on November 4th, marking a retreat of over 20% from its early October high and officially confirming entry into “bear market” territory. This slump was fueled by a continuation of the liquidation cascade that began in late October, where leveraged long positions were aggressively closed, shattering investor confidence. The total crypto market value fell to approximately $3. 45 trillion. However, by the weekend (November 8th), the market showed signs of a strong technical rebound, with altcoins like Ethereum (ETH) and XRP leading the recovery, suggesting the worst of the deleveraging was over. JPMorgan views Bitcoin as “cheaper than gold” Contrasting the short-term volatility, institutional giants provided strong long-term structural support for Bitcoin’s value proposition. As Coinidol. com reported, on November 6th, analysts at JPMorgan published a report arguing that Bitcoin now appears “mechanically cheaper than gold” on a volatility-adjusted basis following the recent crash. The report suggested that Bitcoin has “significant upside” and would need to trade closer to $170,000 to be valued equivalently to gold’s private sector investment, strongly endorsing the digital gold narrative and signaling a buying opportunity. Central Bank of Ireland fines Coinbase €21. 5M The Central Bank of Ireland. Continue reading Market Plunge, BTC vs Gold, and Kazakhstan National Crypto
The post $1 ADA Target Comes Into View as Hoskinson Praises New CFTC Chair ⋆ ZyCrypto appeared com. Cardano (ADA) is in a pivotal accumulation phase, where balanced buying and selling hint at an impending breakout. Market analyst Tektonic views this consolidation not as stagnation but as strategic accumulation within a key demand zone. Such phases often precede major rallies, signaling that both retail and institutional investors are positioning for ADA’s next big move. Tektonic notes that the $1. 025 level has become a crucial resistance zone for Cardano, a price point that has repeatedly triggered profit-taking and short-term pullbacks. What is expected? Well, Cardano’s consolidation isn’t stagnation; it’s strategic accumulation. With major support at $0. 67 and the $1. 025 resistance now in focus, ADA appears poised for a decisive breakout that could ignite the next major bullish run. Meanwhile, market analyst The Crypto Lark recently opined that ADA is on the verge of a rare MACD golden cross below the zero line, a signal that historically preceded a 60% surge. If confirmed, this could mark the start of a powerful recovery phase. Advertisement Cardano Founder Praises Michael Selig’s CFTC Nomination Cardano founder Charles Hoskinson recently lauded Michael Selig’s nomination as the next CFTC Chair. Taking on X, formerly Twitter, Hoskinson stated, “Chairman Selig is going to do a great job at the CFTC. I have full confidence in his ability and leadership.” With a pro-crypto track record and deep digital asset expertise, Selig could reshape U. S. regulations, signaling a major boost for the blockchain industry. Hoskinson’s endorsement highlights crypto optimism that a Selig-led CFTC could bring balanced, innovation-friendly regulation. With U. S. regulatory uncertainty having long hindered crypto projects, a pro-crypto chair promises clarity, boosting confidence among investors, developers, and businesses alike. Furthermore, Hoskinson’s backing of Selig represents a renewed push for constructive dialogue between regulators and the crypto industry. With the CFTC pivotal. Continue reading $1 ADA Target Comes Into View as Hoskinson Praises New CFTC Chair ⋆ ZyCrypto
The post ETF Delays Could Push SOL Down to $150 Before Recovery Resumes appeared com. Crypto News Solana’s strong performance through October faces a potential cooldown as delays over ETF approval weigh on investor sentiment. Market optimism over the prospect of a Solana-based exchange-traded fund supported recent gains, but growing uncertainty over regulatory timelines sees traders reassess short-term expectations. Analysts believe that while it is one of the most promising Layer-1 blockchains, Solana may experience some pullback which can be healthy for its growth in the long run. Another fast-rising DeFi project, Remittix(RTX), or RTX, has drawn attention to actual real-world utility in payments. Solana Price Faces Resistance Amid ETF Delays Currently, Solana is selling at $185. 07, up 4. 72% in the last 24 hours. It boasts a market capitalization of $102. 79 billion and its trading volume of $6. 86 billion has lost over 28%. The excitement surrounding the proposed SOL ETF boosted market sentiment earlier this month, but ongoing delays in SEC review have cooled enthusiasm. Analysts warn that without new ETF developments, Solana could see a temporary retracement toward the $150 level, a zone seen as strong historical support before another recovery phase. The Rise of Real-Utility Projects stands out as one of the low-cap crypto gems connecting traditional finance with blockchain due to direct crypto-to-bank transfers across more than 30 countries. Remittix has now opened its Wallet Beta Testing Program to allow more iOS users to test it. Every week, the top 10 buyers will be granted the chance to access the beta with the intention of. Continue reading ETF Delays Could Push SOL Down to $150 Before Recovery Resumes
The post GBP/USD could climb further towards 1. 3500 amid a weaker USD appeared com. GBP/USD Price Forecast: Could climb further towards 1. 3500 amid a weaker USD The GBP/USD pair gains positive traction for the second successive day on Thursday and recovers further from its lowest level since early August, around the 1. 3250-1. 3245 region touched earlier this week. The US Dollar (USD) selling remains unabated and turns out to be a key factor acting as a tailwind for the currency pair, which largely shrugged off rather unimpressive UK macro releases. The Office for National Statistics (ONS) reported that the British economy expanded by a lackluster 0. 1% in August. This was in line with consensus estimates, though it was offset by a downward revision of the previous month’s reading, which showed that the economy contracted by 0. 1%. Meanwhile, the UK Industrial Production rose by 0. 4% in August following a 0. 4% fall in the previous month. Read more. British Pound braces for further losses The British pound remains under sustained pressure, driven by a weakening domestic economy and receding inflation concerns. Recent UK macroeconomic data indicate stagnation in the service sector and a continued decline in consumer spending. At the same time, slowing wage growth is giving the Bank of England greater flexibility to adopt a more dovish stance. Market expectations now point to a high likelihood of a rate cut at one of the bank’s forthcoming meetings. Read more. Source:. Continue reading GBP/USD could climb further towards 1.3500 amid a weaker USD