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Coinbase, a leading cryptocurrency exchange, reported a significant drop in revenue for the first quarter of the year, missing earnings expectations. Despite the ongoing volatility in the digital asset market, Coinbase experienced a decline in revenue in the double digits compared to the previous quarter. The company cited several factors contributing to the decline in [...]
A sudden rise in Ore mining transactions was one of the main culprits behind Solanas April congestion issue, where up to 70% of non-vote transactions were rejected.
Gala Games shuts down The Walking Dead: Empires NFT game by 2025, offering vault boxes as compensation.
XRP’s price movement has been highlighted by a rejection at $2.35, followed by a bounce at $2.15. This initial rejection follows a brief rally in the last week of April, which, interestingly, saw it break above a downward-sloping resistance trendline that has defined its structure since early January 2025. However, the rejection has since been followed by a retest of this trendline, but this pullback is seen as a setup for a potential breakout to levels above $4 rather than an outright rejection. Trendline Breakout In Focus With Swing Failure Pattern According to a technical analysis on the TradingView platform, XRP/USDT is now pressing against the zone of a significant descending trendline on the daily candlestick timeframe chart. This trendline, which has guided the broader bearish structure since January 2025, was previously responsible for notable price rejections in February and March. However, the most recent interaction with this trendline appears different, and XRP may be shifting from a pattern of lower highs to a breakout and retest formation. Related Reading: Has The Dogecoin Price Already Topped? Indicator That Predicted Previous Tops Show When The notable development here is the sequence leading to the breakout attempt. XRP first surged upward in late April and moved above the trendline. But instead of collapsing back into the previous range, the price briefly retraced and formed a higher low, which is an important structural change in the bullish version of a swing failure pattern (SFP). In this case, the failed low formed after the breakout hints at a reversal of the prior downtrend, and this reversal was validated when XRP closed on April 30. As shown in the chart below, this swing failure pattern has now flipped bullish with volume rising, an early sign of a rebound and rally. Adding to this outlook, the trendline has been touched multiple times over the past five months, making a confirmed close above it very important. The white arrow drawn on the chart indicates the anticipated direction of the XRP price if the bounce is sustained. $3.00 Resistance Is Important For Next Price Explosion A bullish daily close above this trendline would break the bearish structure that has defined XRP’s price since the start of the year. If successful, this would open the XRP price to an eventual run above $4 if everything goes right. Related Reading: XRP Surpasses Ethereum In This Major Metric After Outperforming For 6 Months However, according to the analyst, the most immediate level to watch is the $3.00 resistance. A daily close above this round psychological level, combined with a volume spike, could open the way for XRP to surge toward the next key zones. These zones include $3.31, which coincides with the high on January 16, which is the next clear liquidity level. The next zone would be around its current all-time high. Beyond that, $4.6209 is the next longer-term breakout target. At the time of writing, XRP is trading at $2.20. Featured image from Adobe Stock, chart from Tradingview.com
CoinGeckos latest study reveals 1.8 million crypto projects failed in 2025, with over 50% of cryptocurrencies since 2021 now dead
Solana recently encountered a significant challenge with an unprecedented number of transaction failures. On Apr. 5, the network saw over 75% of its transactions fail, highlighting a critical issue for a network that has rapidly become a key player in the DeFi space, handling massive trading volumes. This surge in failed transactions raised concerns about […]
The post Solana’s growing pains: Why 75% of non-vote transactions failed appeared first on CryptoSlate.
Following an article posted on CoinTelegraph, it has been reported that former President Donald Trump’s investments in the cryptocurrency realm may not be yielding the desired results. Despite his outspoken support for digital assets like Bitcoin, Ethereum, and Dogecoin, recent market fluctuations seem to have affected the profitability of his ventures. It appears that Trump’s [...]
The post Why Trump’s Crypto Investments on WLFI Are Failing to Yield Results appeared first on Crypto Breaking News.
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that more banks in the U.S. will fail as the Federal Reserve continues to hike interest rates. He stressed: “It will break down in the regional banks, which support 60% of the economy … We’ve started to see the cracks.” Kevin O’Leary Foresees More Bank [...]
The post Shark Tank Star Kevin O’Leary Warns More US Banks Will Fail appeared first on Crypto Breaking News.
The New York Department of Financial Services and the US Federal Reserve Board have published their internal reviews on the handling of Signature Bank and Silicon Valley Bank's failures. The string of bank failures, including Silvergate Bank's voluntary liquidation, has prompted regulators to re-evaluate their supervision. (Read More)
The recent banking failures involving the fall of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank, have high-profile government individuals trying to find a culprit. U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for the outcome, but according to some analysts, the problem might be ignorance in [...]
The post While Biden and Trump Blame Each Other for Bank Failures, Others Believe the Cause Might Be a Management Issue appeared first on Crypto Breaking News.
Professor Muriel Médard from MIT has pointed out a critical flaw in the widely used Random Linear Network Coding (RLNC) technology that could hinder the adoption of Web3 technologies. RLNC is a method commonly employed to increase the reliability and efficiency of data transfers in decentralized networks like blockchain. According to Professor Médard, RLNC fails [...]
The post Boost Web3 Adoption with RLNC Technology: Scale or Fail, According to MIT Professor appeared first on Crypto Breaking News.
The traditional model of the internet, known as Web2, is proving inadequate for the advancement of vertical farms. Vertical farms, as a revolutionary method of urban agriculture, require more efficient data processing and connectivity than current platforms can provide. The limitations of Web2 hinder the potential growth and development of vertical farming technology. Web2, characterized [...]
The post Why Vertical Farms are Failing Without DePIN: The Key to Survival in Web2 appeared first on Crypto Breaking News.
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC), released a similar report on Signature Bank’s collapse and [...]
The post Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures appeared first on Crypto Breaking News.
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday [...]
The post Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations appeared first on Crypto Breaking News.
Lately, the media has been captivated by the possibility of a grid collapse and the devastating economic consequences it would entail. Curiously, the internet is teeming with headlines suggesting the plausibility of such a collapse, whether caused by cyberattacks, physical assaults on infrastructure, equipment malfunctions, or even the notion of an electromagnetic pulse (EMP) incapacitating [...]
The post Unplugged: The Impending Threat of Widespread Blackouts in Grid-Reliant Economies appeared first on Crypto Breaking News.
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth [...]
The post Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis appeared first on Crypto Breaking News.
Flare price has surged by more than 12% today as the global market cap dropped by about 2.20% after Germany’s largest multinational lender Deutsche Bank shares tumbled on Friday as financial industry fears continue to spread following the string of global bank failures, especially in the US, this month. Today’s crypto market plunge is highly …
<p>The post Flare price surging as Deutsche Bank failure push markets down: here’s why first appeared on CCNC | Cryptocurrency Newscast.</p>
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after they failed. U.S. Government Ready to Guarantee More Deposits if Needed U.S. Treasury Secretary [...]
The post Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion appeared first on Crypto Breaking News.
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department, and FDIC explained that all Signature depositors would be [...]
The post NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout appeared first on Crypto Breaking News.
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of deposits as there is no reward for this risk. Absent a systemwide FDIC deposit guarantee, more bank runs [...]
The post Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits appeared first on Crypto Breaking News.
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