Author: altcoinvest
Solana’s price remains in a bear market after falling over 33% from its year-to-date high, with technical indicators pointing to a deeper decline. Solana (SOL) token crashed to $184 on Monday and is hovering near its lowest level since February 2nd. This downturn coincides with stalled network growth and concerns about rug pulls within its meme coin ecosystem. CoinGecko data shows that the market cap of all Solana meme coins has crashed from over $25 billion in January to $11.5 billion today. Most Solana meme coins have dropped by double digits from their all-time highs. Official Trump (TRUMP) has plunged…
The recent crypto crash means Bitcoin (BTC) has lost support at $8,000 and Ethereum (ETH) has dipped below $250 in one of the worst corrections of this year so far. Ripple (XRP), however, refuses to give up the significant psychological $0.40 support level that easily. Despite a minor dip below $0.40 earlier today, XRP quickly climbed back above the level where it is now trading at around $0.404. XRP tends to show a trend of trading tightly above significant support levels with the asset holding the $0.30 level for the majority of this year before climbing to $0.40 with the…
Hawkish rhetoric from the Federal Reserve and last week’s CPI release catalyzed $415 million in outflows from digital asset investment products, according to CoinShares. Per CoinShares’ weekly market report, digital asset investment products recorded negative flows for the first time after a 19-week streak of inflows. Notably, these investment products had continued to see inflows even amid a broader market downturn for Bitcoin (BTC) and altcoins, triggered by trade tariffs and DeepSeek. The $415 million in outflows for the week ending Feb. 14 followed renewed downside pressure on cryptocurrencies. Investor confidence appeared to take a hit amid higher-than-expected CPI data.…
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To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers…