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WhiteBIT CUP 2024 brought together WhiteBITs partners,VIP clients, influencers, wearing all sporting FC Barcelona uniforms for a unique player experience.
The post WhiteBIT CUP 2024: Where Crypto and Business Icons Converge on the Legendary FC Barcelona Field appeared first on Crypto Breaking News.
NVIDIAs AI team secures first place across all five tracks in the Amazon KDD Cup 2024, showcasing their dominance in data science. (Read More)
Coinbase treated womens sports fans to a comparatively sober night out.
CupcakeHop by Bril Finance integrates AI for optimized DeFi investment strategies and real-time risk management on PancakeSwap.
Prominent crypto analyst Gert Van Lagen has shared a positive market prediction hinting that the altseason may soon begin. Based on a fully formed bullish pattern, the Dutch market expert postulates that altcoins are on the edge of a market breakout. Related Reading: Ethereum Ready For Price Rally As STH Numbers Set To Cross 4 Million Heres Why Altcoin Market Tipped To $5.4 Trillion Valuation In Altseason The cup-and-handle is a classic bullish continuation pattern in technical analysis. It usually signifies an asset’s potential to continue rising after a period of consolidation. According to Van Lagen, the cup-and-handle pattern has appeared on the altcoin market bi-weekly chart. It consists of a U-shaped price movement (cup), which represents a period of gradual decline and recovery as seen between 2022 to mid 2024. Van Lagen explains that investors typically accumulate assets during this period, perhaps due to an extended downside market prior to a rebound. This cup movement is followed by the handle, which often resembles a small descending channel as seen in 2025. The handle usually represents a breakout and retest zone, paving the way for the altseason. For the altseason to occur, the altcoin market cap must convincingly break above the neckline of the cup-and-handle pattern, which is currently at $813.18 billion. If this breakout occurs, inducing an altseason, Van Lagen analysis shows that total altcoin valuation could rise to around $5.4 trillion before 2026, indicating a potential 564% market growth. Related Reading: $380M In Ethereum Leaves Exchanges In 7 Days Accumulation Trend Accelerates Why The Altseason Is Sure To Happen In other news, analysts continue to debate the feasibility of an altseason for the current bull cycle. Crypto analyst and Web3 growth manager Cas Abbé joined this discussion, highlighting three reasons the altseason is certain to come to pass. Notably, Cas Abbé acknowledges the altseason has been delayed, citing a lack of sufficient liquidity due to a large amount of token unlocks and the ripple effects of the memecoins craze driven by Pumpfun. However, the analyst remains confident in the prospects of an altseason due to multiple reasons, one of which is the potential for multiple altcoin ETF approvals. Cas Abbé explains that the US Securities and Exchange Commission is likely to issue the green light for several altcoin ETFs in Q3/Q4 of 2025, which holds the final deadline for most of these ETFs. Following these approvals, the analyst predicts a rise in institutional investments, which could produce a rallying effect similar seen with the Bitcoin ETFs in 2024. Furthermore, Abbé states the Fed is likely to begin rate cuts in June as well as terminate all quantitative tightening measures. Both moves are expected to be followed by a liquidity injection, untimely creating a risk-on environment in financial markets that will support the growth of altcoins. Finally, the Web3 growth manager expects regulatory clarity by Q3/Q4 2025, which will allow banks to comfortably engage the crypto market, leading to massive liquidity. At press time, the total crypto market remains valued at $2.94 trillion, with altcoins accounting for 36.1% of all investments. Featured image from iStock, chart from Tradingview
Discover how student teams at the Imagine Cup 2025 are leveraging AI to create impactful solutions like HairMatch, Signvrse, and Argus, aiming to improve lives globally. (Read More)
The XRP market is approaching a critical point as a potential sell-off looms in April. Technical analysis suggests that an inverse cup and handle pattern is forming, indicating a possible 25% decline in the XRP price. The inverted cup and handle pattern is a bearish signal that often precedes a significant price drop. If the [...]
The post April Forecast: XRP Price Sell-Off Expected to Accelerate with Inverse Cup and Handle Pattern Forecasting 25% Decline appeared first on Crypto Breaking News.
Solana is trading at critical levels after several days of trying to decisively break above the key $155$160 resistance zone. Bulls are slowly building momentum, as the broader crypto market shows signs of strength and hints at the possibility of a sustained rally. However, global risks remain elevated, particularly as no clear resolution has been reached in the ongoing US-China trade conflict, which continues to shape macroeconomic sentiment and investor behavior. Related Reading: Ethereum Reclaims Local Range Against BTC Can Bulls Target The Range High? Despite the uncertain backdrop, technical indicators are beginning to favor a bullish outlook for Solana. Top analyst Ali Martinez shared new insights, highlighting that when zooming out, Solana appears to be forming a textbook-perfect cup and handle pattern a classic technical setup typically associated with major bullish breakouts. If validated, this pattern could set the stage for a strong upside move in the coming weeks. Still, caution is warranted, as broader market volatility and unresolved geopolitical tensions could disrupt the developing momentum. The next few days will be pivotal for Solana’s trend, as bulls must defend key levels and build enough pressure to attempt a true breakout above resistance. Solana Shows Strength Amid Shifting Market Dynamics Solana is up 58% since early April, showing impressive recovery momentum as market dynamics start to shift. After months of weakness and selling pressure, Solana is now emerging as one of the stronger performers among major altcoins. Analysts are closely watching the $160 level, with many calling for a decisive breakout that could unlock further gains. However, risks remain elevated. The broader macroeconomic environment remains unstable, with global trade conflicts and financial market volatility weighing on investor sentiment. Solana has been particularly sensitive to this uncertainty. Since January, SOL lost over 65% of its value, highlighting the growing selling pressure and speculative behavior that dominated the market during the first quarter of 2025. Despite this, the recent surge has shifted short-term momentum back in favor of the bulls, offering hope for a broader recovery if key levels are reclaimed. Martinez’s analysis supports a bullish outlook for Solana. He points out that zooming out reveals Solana is forming a textbook-perfect cup and handle pattern. This classic technical structure often precedes strong upward movements, especially when accompanied by growing volume and supportive macro conditions. If confirmed, this setup could mark the beginning of a major rally for SOL in the weeks ahead. Related Reading: Solana Will Face A Pivotal Moment In May Bear Market Bounce Or Bull Market Dip? SOL Price Action Remains Tight Below Key Resistance Solana (SOL) is trading at $151 after several days of consolidation below the crucial $160 resistance zone. Bulls have managed to defend recent gains, but momentum has slowed as the price struggles to push higher. Reclaiming the $160 level is essential for bulls to regain full control and continue the recovery. A clean breakout above $160 could trigger a rally toward the $180 mark, which aligns with the 200-day moving average (MA) a critical technical barrier that, if flipped into support, would confirm a strong trend reversal. However, risks remain elevated if bulls fail to reclaim the $160 resistance soon. A failure at this zone could expose SOL to a deeper correction, potentially dragging the price back toward the $120$100 support area. This would not only erase recent gains but could also damage market sentiment, slowing Solanas recovery efforts. Related Reading: Ethereum Flips Key Resistance Into Support Can Bulls Reclaim $2,000 Level? For now, consolidation just below resistance suggests that buyers are attempting to build strength. However, the next few days will be critical to determine whether SOL can break higher or enter another corrective phase. All eyes remain on the $160 breakout level as the battle between bulls and bears intensifies. Featured image from Dall-E, chart from TradingView
NVIDIA has open-sourced cuPyNumeric 25.03, enhancing its accessibility with PIP installation and native HDF5 support, fostering transparency and collaboration in multi-GPU computing. (Read More)
Chiliz (CHZ) looks bearish as it shaved off as much as 64% in 50 days. This entertainment- and sport-based blockchain platform is built on Socios and allows fans to interact with sporting brands and teams. Here’s a quick glance at how the crypto is performing so far: Chiliz plunges by 0.70% Sellers are seen to dominate the bearish market CHZ has trimmed down as much as 64% in just 50 days With that said, users can fully take advantage of the platform to stake and dish out exclusive information and news tidbits from their favorite sporting teams, plus also freely share their opinions on the latest news. The 2022 FIFA World Cup gave Chiliz a boost as it pumped up the orders. However, Chiliz can’t seem to keep up with the rest of the cryptocurrencies and has been lagging behind or going downward spiral. CHZ Currently Trades At $0.1085 According to CoinMarketCap, CHZ is down by 0.70% or trading at $0.1085 as of this writing. With this scenario, the sellers clearly have the upper hand while the buyers need to hang on and wait for the market to switch to bullish and stabilize in terms of demand before placing any bids. Chiliz is a crypto exchange with the CHZ token explicitly designed for buying fan tokens that give users the ability to decide and govern regarding certain policies, stadium names, team lineups, franchises, and selection of players. In addition, the CHZ token also functions similarly to BEP2 on Binance and ERC20 token on Ethereum. Related Reading: Why USDT Is Plunging While Other Stablecoins Are Not CHZ total market cap at nearly $666 million on the daily chart | Chart: TradingView.com Hitting The Oversold Zone Chiliz was seen wading along the lines of $0.1637 to $0.29 since August. Now, when the lows in this range were breached and then retested as resistance in December, this has shown how sellers have the evident upper hand in the market. RSI for CHZ is seen to have dipped below the neutral range of 50 on November 20. It is currently sitting at 9.2, which means it has reached the oversold zone. Considerably, the CMF also moved down in the same period with sizeable capital flushed out of the market. Chart: CHZ/USDT on TradingView Over the past few days, the Fibonacci extension level, which acted as support, was spotted at 24.3% across the $0.107. Sellers can shoot towards going short, given the 21-period MA, which worked as resistance this month. Sellers can then target $0.088 and $0.073 rendered as take-profit levels. Related Reading: Is SOL About To Crumble? Major NFT Projects Plan To Switch To Other Blockchains Chiliz Price Prediction Meanwhile, Anton Kharitonov, a Traders Union crypto analyst, has a different forecast for the price of Chiliz. According to Kharitonov, Chiliz will fluctuate between $0.00558 (the low end of the projection) and $0.0167 (the high end of the forecast) between now and the end of 2023. Kharitonov’s analysis suggests that the price of CHZ will rise to $0.20 by then.
In spite of history being made on the field, Argentina's national team crypto failed to keep up.
As FIFA World Cup 2022 moves towards the trophy match, most soccer fan cryptos are soaking in red ink.
Since FTX’s downfall, the sports-themed cryptocurrency Chiliz has been struggling. The anticipated pump from the beginning of the 2022 FIFA World Cup on November 21 has done little to stem the negative tide in this post-FTX timeframe. Chiliz bulls took confidence on November 10 as CHZ rebounded from the range lows to near the range highs. Despite the overwhelming anxiety on the market, the token posted gains of 72% from November 9 to November 18 within 10 days. But then, that’s a different narrative. Related Reading: How Litecoin (LTC) Outperforms Other Top Cryptocurrencies In This Department Let’s take a quick glance of how the token is performing thus far: Since FTX and throughout the World Cup, CHZ has been performing rather sluggishly The oversold RSI and falling reserves in the exchange both point to a favorable direction for the token’s price In theory, a long position taken at the current price level would yield a profit According to data compiled by CoinGecko, CHZ is trading at $0.136387, down nearly 19 percent in the last seven days. As Christmas nears, investors might be wondering if the token has any gas left to create some fireworks in terms of price increase. Metrics relating to the asset’s risk have also been unfavorable. Messari reports that CHZ has a -4.78 Sharpe’s ratio alongside 1.11 volatility. Considering CHZ’s past performance, these numbers are not what investors want to see. Somewhat Bullish Technicals? A Pearson’s R score of 0.8342 in the regression channel indicates that a more pronounced downward trend is imminent. On the other hand, CHZ’s RSI readings are currently oversold, which could provide CHZ bulls a foothold. But the break of the support line at $0.1540 propelled the price to its current level. The Bollinger band has also been extremely negative, with its moving average creating an additional resistance at $0.1623. Chart: TradingView The bullish order block that emerged way back in August could provide investors and traders with some guidelines. According to CryptoQuant statistics, a bullish price reversal may be imminent because of the dwindling reserves. However, investors and traders should remain vigilant. The bullish order block is the only obstacle preventing the bears from continuing their downward movement. As prior price moves have created a XABCD harmonic frame, the support at $0.1373 may serve as a launching pad for bullishness. Although the CMF figure is negative, it is only -0.01. This provides CHZ bulls with the opportunity to recover. Profitable Long Position And Stop Loss Surprisingly optimistic indicators could prompt a retest of the $0.1540 resistance by buyers. The current market price of CHZ is deeply discounted, suggesting that investors and traders may wish to purchase the drop. A profitable long position would have a stop loss at $0.1289. However, given the persisting bearishness in the market, traders and investors should exercise caution with longer-term CHZ plays. Related Reading: Inconsistent Metrics Indicate Further Struggle For SUSHI – Colder Winter Ahead? CHZ total market cap at $837 million on the daily chart | Featured image: The Atlantic, Chart: TradingView.com
Ongoing dispute between FIFA & Qatari authorities leaves its red mark on top soccer fan tokens.
Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law.
Since the beginning of the 2022 2FIFA World Cup, the value of Chiliz native token has plummeted. Due to the discovery of various issues, the sporting event has been met with some controversies. Not to mention that just a week before the World Cup’s start, the collapse of the infamous FTX exchange shook the crypto world. But then, this is not the main point here. Despite some promising advances off-chain, Chiliz continues to struggle. The token is down more than 30% in the last two weeks. There is a lot of bearish evidence in the technicals and stats. If the price drops below $0.1451, short selling becomes an option. This added strain to the already overburdened Chiliz ecosystem, which has had trouble drawing in investors and sports fans despite the testnet release of its Chiliz 2.0 update. However, CoinGecko reported a 1.3% price increase just lately. Related Reading: Litecoin Continues To Surge As Hash Rate Records New ATH – How About LTC Price? When Will CHZ Get Its Zing Back? On a green candlestick, the current price of CHZ is $0.1677. An oversold Relative Strength Index (RSI) value may help to clarify the recent increase in the token’s price. However, the market is currently embroiled in a battle between bulls and bears, with prices remaining within the $0.3085-$0.1451 range that prevailed prior to the FTX brouhaha. The market remains slightly mired in the distribution phase, with support and resistance being momentarily breached and reclaimed. This has been true since the month of August. The situation may be deteriorating as CryptoQuant observes an increase in exchange reserves for the coin. According to Messari, the volatility of the asset has been 2.13, indicating that it has been quite shaky. Having settled at -1.23, the returns relative to this volatility likewise exhibit extremely bearish characteristics. Will There Be A Reversal? Nonetheless, the MACD indicator indicates that a reversal is imminent. This may suggest a reversal due to the RSI being oversold. However, because exchange reserves are so high, any positive reversal would be met with a tremendous negative force. A certain bearish breach of the $0.1451 support could cause the current market structure of distribution to collapse. A breach of this support might send the price to the 78.60 Fibonacci level. A breakdown below this level could send the price to $0.0791. As the market recovers from the correction triggered by the FTX crash, CHZ should be able to ride this wave and emerge in a better shape. Related Reading: Bitcoin Price Soars 5% In Last 7 Days – More Increases Coming This Week? CHZ total market cap at $1.02 billion on the daily chart | Featured image: DailyCoin, Chart: TradingView.com
Most popular football fan tokens drown in double-digit bloodbath in the eve of World Cup playoffs.
Fans across the world may soon start collecting NFTs with football stars.
More chilling soccer experiences to come as $CHZ gets ready to launch Chiliz 2.0 in partnership with FanFest.
Alvaro Morata’s spectacular goal couldn’t save Spain’s national football crypto from drowning.
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