XRP Drops 3% as Selling Pressure Overwhelms Support Level

XRP XRP tumbled 2.71% over the past 24 hours, continuing its downward spiral as selling pressure outweighed buyer interest. The token now trades at $2.20 after breaking below key support levels, forming a descending channel pattern that has defined recent price action. A significant volume spike of 1.2 million units preceded the breakdown, signaling traders’ … Read more

Dogecoin Struggles to Reclaim $0.19 Threshold as Bearish Sentiment Persists

Dogecoin DOGE fell as much as 4.3% over the past 24 hours, dropping from $0.196 to $0.189 as profit-taking continues across majors. The meme-inspired token broke below key support at $0.194 during heavy selling between 11:00-14:00, establishing a new resistance zone while finding a temporary bottom at $0.187. News Background Dogecoin’s price struggles come amid … Read more

WazirX’s Restructuring Plan Declined by Singapore Court, Hacked Indian Exchange Says

Embattled Indian crypto exchange WazirX’s restructuring plan has hit a major snag, with the Singapore High Court declining to approve the crypto exchange’s proposed scheme to repay creditors. The decision effectively delays any payouts that were expected to begin as early as April 2025. “The Honourable Singapore High Court issued an order declining to approve … Read more

Hong Kong Set to Allow Crypto Derivatives Trading

The Securities and Futures Commission, Hong Kong’s securities regulator, is planning to allow professional investors to trade crypto derivatives, marking a significant expansion of the territory’s virtual asset market offerings, according to a report from China Daily. Crypto derivatives are a considerably larger market than spot trading. Data from TokenInsight shows that the crypto derivatives … Read more

Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans

In a Bloomberg interview tonight, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next year, because it allows us … Read more