crtypto & forex news

With the Bitcoin price steadily trading sideways over the past few weeks, determining a buying entry has become extremely difficult. However, a key on-chain metric is now in the spotlight, providing valuable insights into the matter and allowing investors to pinpoint when to re-enter the market. Is Buying Bitcoin Now The Right Time? The ongoing volatility across the broader cryptocurrency market has capped Bitcoin’s upside attempts, keeping it well below the $70,000 mark. In this unfavorable environment, investors and traders are watching closely for a definitive signal like a price bottom before they can reenter the market. While investors ponder reentering the market, Joao Wedson, a market expert and founder of Alphractal, has published a chart that suggests that now is not the ideal time. After a period of bearish action, Bitcoin’s on-chain metrics are beginning to display signs of stabilization. However, a definitive buy signal has yet to emerge from the waning price performa...

Crypto analyst Hov has released a fresh analysis on the XRP price, highlighting its recent movements amid ongoing market volatility. The chart shows trading around $1.41 as of February 19, with a history of sharp declines and recoveries marked by Elliott Wave labels dating back to 2018. This update comes as the altcoin clings to key support levels , aiming to preserve the conditions for a larger bullish continuation despite this week’s pullback.  The next directional move could determine whether the recent decline marks the end of XRP’s prolonged corrective phase or the beginning of further downside.  Update On Recent XRP Price Movements  In a post on X, Hov noted that since his last update, the XRP price had declined more than expected , nearly breaking a clean diagonal pattern he had been closely watching. Despite this, the analyst noted that the cryptocurrency has not closed below the critical high-timeframe on the chart, which means the pattern is still technical...

Representatives from crypto and banking groups returned to the White House on Thursday in another attempt to resolve the key dispute holding up the long‑awaited crypto market structure legislation known as the CLARITY Act.  Despite the Senate Banking Committee’s positive vote on its part of the legislation, the bill has already faced delays and is now stalled due to disagreements about whether stablecoin issuers and platforms should be allowed to offer yield or rewards to users. Coinbase, Ripple Signal Progress At the center of the debate is a push from some senators and banking industry representatives to include language in the legislation that would prohibit companies from paying customers rewards for holding stablecoins on their platforms.  Some crypto advocates remain hopeful that lawmakers may draw a distinction between yield for holding stablecoins and rewards for using them, similar to the incentive programs long offered by credit card companies. They argue that us...

A revised cycle framework is drawing increased attention after a market technician detailed where Bitcoin sits within its broader structural progression . The assessment maintains that price has not transitioned into a bottoming phase . Instead, the market is positioned within a transitional range that typically develops before a deeper accumulation zone forms. Based on this structure, the next accumulation phase is projected to begin below $40,000. Bitcoin’s Redistribution Signals Dominate Post-Peak Structure In his breakdown, the analyst presented a chart mapping the full cycle progression from the 2022 bear market lows near $16,000 through the subsequent bull expansion. The initial stage represents classic accumulation , where long-term participants built exposure while sentiment remained subdued. As the price advanced, two consolidation pauses emerged along the uptrend. The analyst identifies these as reaccumulation phases — temporary absorption zones where supply was redistri...

After losing more than half its value from the 2025 peak, XRP has entered a period of calm that may prove temporary. Analysts say the current consolidation phase near $1.40 coincides with several rare market conditions, from key inflation data to multi-year technical confirmations, that could influence the asset’s next major move. Related Reading: Coinbase CEO Sees ‘Win-Win’ Outcome For Delayed Crypto Market Structure Bill At the center of attention is upcoming U.S. inflation data, alongside growing debate among analysts over whether XRP is forming a long-term base or preparing for another corrective leg. Macro Data and Market Liquidity Take Center Stage XRP has been trading around the $1.40–$1.45 region as investors await the Personal Consumption Expenditures (PCE) report , the inflation gauge closely monitored by the Federal Reserve. The data, published by the U.S. Bureau of Economic Analysis, could influence expectations around interest rates. Recent real-time inflation estima...

On-chain data has sparked intense discussion and concern in the crypto market after revealing that XRP supply on Coinbase has plunged by 90% while reserves on Binance have fallen to their lowest levels since 2024. This sharp decline coincides with speculation that the world’s largest asset management company, BlackRock , may be quietly accumulating significant amounts of the token through crypto exchanges.  XRP On Coinbase Decline As BlackRock Investment Rumors Intensify  Crypto commentator Ledger Man ignited the debate earlier this Tuesday in a post on X, highlighting concerns about Coinbase’s declining XRP reserves and the growing speculation surrounding BlackRock’s potential involvement with the cryptocurrency. He suggested that the sharp reduction in the altcoin held on Coinbase could point to large-scale off-exchange accumulation.  Ledger Man claimed that BlackRock may be buying substantial amounts of XRP through Coinbase. According to his estimates, the asset ...

The price of Dogecoin (DOGE) is steadily approaching a critical level that could shape its next significant move. According to a crypto analyst closely tracking the meme coin’s price action, a reaction at this key level could form a “ divergence ,” a technical pattern often associated with a major trend reversal.  Dogecoin Divergence Setup Could Trigger Next Move On Tuesday, February 17, crypto market analyst NaBer shared fresh updates on Dogecoin in an X post, providing his latest insights into the meme coin’s recent price action. Specifically, he highlighted a key horizontal zone around $0.10 on the DOGE chart, noting that this area would be his primary watch zone if he were considering adding more to his position.  The analyst admitted to already holding some DOGE tokens at around $0.10 and outlined a simple plan based on whether the meme coin can hold or form a divergence. The one-week chart shared in the post shows Dogecoin’s price compressing directly above a long-st...