The post Ethereum at a Crossroads: Decoding the Crucial ETH/USD Re-Test appeared first on Coinpedia Fintech News A week ago, Ethereum (ETH)  broke above its $1,842-$1,868 resistance line, flipping it into the new support line. Technical analysis on weekly time frames in a multi-month period suggested an uptrend to $2,163, with key resistance levels at $1,900 and $2,000. Ethereum retesting a new support zone In the last 24 hours, Ethereum briefly pulled …

The post Solana Eyes $93 Rally: Why Current Consolidation Signals Next Big Buy appeared first on Coinpedia Fintech News Solana (SOL) is at a critical point that could signal a buying opportunity, with a potential rise to $93. As seen in the 4-hour chart below, SOL continues to consolidate in a rising channel, with the lower boundary set at $76. Maintaining prices above this level would signal a buying opportunity, with a potential rebound …

The post BONK Recovers After Sell-Off While PEPE Tests Key Resistance—Here’s What’s Next for These Popular Memecoins appeared first on Coinpedia Fintech News BONK & PEPE are back in focus, but for different reasons. While the Bonk price rebounds after a heavy sell-off, Pepe’s price enters a key resistance zone. After depositing 800 billion BONK, the drainer has deposited the remaining 2.4 trillion BONK into Coinbase. Despite this, the price has begun to recover, signalling a rise in …

The post Chainlink Exchange Supply Drops 12% as Institutional Adoption Accelerates appeared first on Coinpedia Fintech News Exchange reserves for Chainlink are shrinking just as fresh institutional integrations continue stacking up. That’s usually the kind of combination bulls like to see, although the market still has plenty of technical hurdles left before celebrating. Over the past month, more than 15.7 million LINK has left known exchanges, representing roughly a 12% decline in …

The post INJ Price Eyes $15 as Coinbase Migration and Robinhood Listing Boost Injective Ecosystem appeared first on Coinpedia Fintech News The INJ price has no shortage of headlines to work with this week. Between a Robinhood listing, Coinbase beginning its mainnet migration, and a string of regulatory and ecosystem updates unveiled at the Injective Summit in Washington, the project is stacking milestones at a pace few networks can match. The bigger question, though, is whether …

The post AI Crypto Tokens at Risk? Hedge Funds DUMP Tech Stocks at Fastest Pace in a Decade appeared first on Coinpedia Fintech News Wall Street is pulling the plug on technology stocks, and the implication could stretch well beyond just traditional markets. Hedge Funds have aggressively reduced exposure to the US information technology sector, recording net sell-offs in six of the last eight weeks. According to prime brokerage data, this marks the largest eight-week aggregate reduction in tech …

The post Bernstein Predicts 60% Robinhood Rally, Lifts HOOD Target to $160 appeared first on Coinpedia Fintech News Bernstein SocGen Group, a global equity and institutional brokerage firm, has raised its price target on Robinhood (HOOD) stock from $130 to $160. The firm believes Robinhood’s expansion into tokenized stocks and blockchain products could unlock billions in new revenue. Bernstein Sees Robinhood Leading the Next Trading Boom According to Bernstein analyst Gautam Chhugani, Robinhood …

The post Can Stablecoin Market Cap Reach $1 Trillion? What the Data Reveals appeared first on Coinpedia Fintech News Stablecoins have evolved far beyond their original role as settlement assets for cryptocurrency trading. With the total stablecoin market exceeding $310 billion, growing institutional participation, record on-chain payment activity, and regulatory progress in major jurisdictions, several financial institutions now project the market could expand well beyond its current size over the next decade. Forecasts vary …

The post BitMine Crypto Holdings Reach $11.5 Billion, Stakes Over 4.9 Million ETH appeared first on Coinpedia Fintech News BitMine said its crypto, cash, marketable securities, and other investments reached $11.5 billion as of July 19. The company holds 5.78 million ETH, about 4.8% of Ethereum’s supply, with more than 4.9 million ETH staked through its staking operations. BitMine also repurchased 5.5 million shares under its buyback program and added 7,430 ETH during the …

The post Strategy Sells $263.5 Million in MSTR Shares appeared first on Coinpedia Fintech News Strategy sold 2.73 million MSTR shares for $263.5 million in net proceeds between July 13 and July 19. The company did not purchase any bitcoin during the week, leaving its holdings unchanged at 843,775 BTC, acquired at an average price of $75,476 per coin. Its U.S. dollar reserve increased to $3.225 billion. Investors will watch …