crtypto & forex news

Bitcoin is beginning to show signs of recovery after weeks of heavy selling pressure and investor anxiety. Key technical levels have been reclaimed, and the overall market sentiment appears to be shifting from extreme fear to cautious hope. With BTC now holding above the crucial $85,000 mark, bulls are stepping back into the game—but they still face a significant hurdle: reclaiming $90,000 to confirm a full-scale recovery rally. Despite the recent rebound, uncertainty remains. According to fresh on-chain data from Santiment, 5,186 BTC were transferred to exchanges just a few hours ago. Historically, such large inflows to exchanges often precede heightened volatility, as they can signal an increase in potential sell-side pressure. This movement could either trigger a brief pullback before a breakout or stall the current momentum if sellers overwhelm buyer demand. As the market watches for the next major move, the coming days will be critical for Bitcoin’s short-term trend. Reclaiming ...

Crypto analyst Dark Defender has issued a bold outlook for XRP , stating on X that the asset is on a clear path toward multiple upside targets. His remarks come at a time when the asset bulls are trying to hold a support level at $2.42, with technical patterns suggesting the asset may be preparing for a significant breakout.  XRP Faces Minor Resistance on the Way to $2.75, $5.85 in Sight XRP’s price action is starting to see some positive note , recently pushing as high as $2.56 in a 7-day timeframe. Although it met resistance and reversed on a downtrend early last week, it eventually found support at $2.36 and started a fresh uptrend. This up-and-down movement is seemingly an average price action playout, but technical analysis on the daily candlestick timeframe chart shows that the price quietly changed a downward sloping resistance trendline into support at $2.36. Now, the next outlook for the altcoin is an upward movement after this fresh uptrend above the resistance trendl...

The co-founder of a popular cryptocurrency took a swipe at Layer-2 cryptos, claiming that these rollups are only redundant and make blockchain scaling more complicated. Anatoly Yakovenko, co-founder of the Solana network, argued that Layer-1 solutions are sufficient without Layer-2 tokens which do not offer genuine, long-term benefits. Layer-2 Not Needed? Yakovenko said in an X post that Layer-2 cryptocurrencies are unnecessary and only add unnecessary complexity to blockchain scaling. “There is no reason to build an L2,” Yakovenko said in a post, which is the Solana co-founder’s response to @ripdoteth, who claimed that there is no reason to build a Layer-1. The crypto co-founder argued that Layer-1 solutions, like the Solana network, can already offer efficient, cheap, and secure scaling solutions. Hence, he said that Layer-2 tokens are only providing redundancy. There is no reason to build an L2. L1s can be faster, cheaper, and more secure. They aren’t slowed down by a gl...

The Dogecoin price has surged over 10% in the last seven days, providing a bullish outlook for the foremost meme coin. This development has occurred due to several factors, including Donald Trump’s decision to ease off on certain tariffs.  Why The Dogecoin Price Surged Over 10% CoinMarketCap data shows that the Dogecoin price has surged over 10% in the last seven days. This price surge specifically began over the weekend following reports that Donald Trump’s much-anticipated tariffs on April 2 might be confined to only sectors and not as broad as earlier feared.  In an address yesterday, Trump also mentioned that he might give many countries a break on reciprocal tariffs, a move that could cool off the trade wars and provide a bullish outlook for the Dogecoin price and the prices of other risk assets. As such, this has sparked a bullish sentiment among investors who again look to be betting heavily on DOGE, a move which has sparked this surge for the meme coin.  T...

Crypto analyst Prophecy Trading has alluded to the XRP price chart which he noted is showing a wave 4 corrective structure that could lead to a new all-time high (ATH) in April. XRP is expected to witness one last price correction before it rallies to a new ATH of $4.  XRP Price Witnessing Corrective Structures Before New ATH In a TradingView post , Prophecy Trading highlighted the XRP price as one of the crypto assets currently experiencing a corrective structure. He remarked that XRP is showing strength despite this structure, and its current patterns align with historical market cycles .  Specifically, the analyst noted that these patterns resemble the price action from September 2017 , a final wave 5 rally. The analyst’s accompanying chart showed that the altcoin could rally to a new ATH of $4.5 next month.  While giving a technical breakdown of the its price action, Prophecy Trading noted that the altcoin has remained resilient, consolidating instead of breaking...

The latest weekly crypto asset fund flows report from CoinShares shows a significant turnaround in sentiment. According to the European digital asset manager, crypto investment products recorded $644 million in inflows last week, ending a five-week streak of outflows. This recovery follows a prolonged period of bearish sentiment, with the last instance of sustained inflows occurring more than a month ago. Bitcoin Leads Recovery as Ethereum Sees Largest Outflows James Butterfill, Head of Research at CoinShares, noted that “total assets under management have risen by 6.3% from their low point on March 10th.” He added that inflows were recorded every single day of the week, marking a clear reversal from the 17 consecutive days of outflows that preceded it. This trend suggests that investor sentiment may be shifting more positively toward digital assets. Bitcoin played a dominant role in last week’s inflow data, attracting $724 million in new capital and ending its own five-week outf...

Dogecoin is now at an important moment in its market cycle, and according to a recent analysis by crypto analyst Ali Martinez, the next move could make or break it all. In a post on the social media platform X, Martinez explained that Dogecoin’s ability to embark on a rally hinges on whether it can hold above a crucial support zone around $0.16. His forecast is grounded in a technical study of Dogecoin’s long-term price movement, which shows the meme coin has maintained a consistent uptrend channel since 2015, bouncing between support and resistance levels during each cycle. Eight-Year Uptrend Channel On Dogecoin’s Weekly Candlestick Chart Ali Martinez’s bullish outlook is based on his technical analysis of Dogecoin’s weekly candlestick chart. The analyst noted that DOGE has been locked inside an ascending channel since 2015, defined by higher highs and higher lows over the years. This structure has repeatedly pushed the coin to new all-time highs during bullish periods while als...