Tag: Support

Ethereum Price Rejected Again, Market Watches Key Support Closely

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Ethereum price started a recovery wave above the $2,000 zone. ETH is now struggling to clear $2,090 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is an expanding triangle forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,090 zone. Ethereum Price Trims Some Gains Ethereum price…

BitGo Partners with StableX to Support $100M Crypto Treasury Plan

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BitGo will provide custody and trading services for StableX Technologies’ digital asset treasury as it plans to acquire up to $100 million in crypto tokens tied to the stablecoin sector. According to Tuesday’s announcement, BitGo Trust Company will serve as the custodian for StableX’s digital asset holdings, while BitGo’s trading platforms will help execute the company’s planned acquisitions through its over-the-counter liquidity desk. StableX (SBLX) is a publicly traded company focused on stablecoin infrastructure and related technologies. Shares of the Nasdaq-listed company gained as much as 9% in afternoon trading…

Belgian giant KBC taps Taurus to support country’s first regulated Bitcoin, Ether trading

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Major Belgian bank-insurer KBC Group has teamed up with Swiss fintech firm Taurus SA to provide institutional custody services for its new crypto asset offering, according to a Tuesday statement. The collaboration will enable KBC to deploy Taurus-PROTECT, a banking-grade digital asset custody platform, as the foundation for regulated crypto trading through Bolero, KBC’s self-directed investment platform. The service launched last month, making KBC the first Belgian bank to offer crypto trading within a fully regulated banking framework. At launch, retail investors will have access to Bitcoin and Ethereum on…

Tron Joins the AAIF Governing Board to Help Support Agentic AI Adoption

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Justin Sun’s Tron network has joined the Agentic AI Foundation to prepare and support the widespread adoption of AI agents. In an announcement on Monday, Tron’s decentralized autonomous organization (DAO) revealed that the Tron network has signed on as a member of the Agentic AI Foundation (AAIF) and will serve on its governing board. Tron DAO said that there will be significant demand coming from agentic AI in the future, and as such, it requires collaboration and interoperability to establish systems that can handle “continuous, high-volume, low-value transactions efficiently at…

Solana (SOL) Tumbles to $80, Traders Watch Critical Support Defense

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Extends Pullback, $1,920 Support Now Under Threat

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Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term. Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a…

US National Cyber Strategy Pledges Support For Crypto And Blockchain

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Crypto industry executives are combing through US President Donald Trump’s National Cyber Strategy after it was released on Friday, searching for hints about what it could signal for government support of the crypto industry. “Crypto and blockchain are explicitly named as technologies to be ‘protected and secured.’ This is a first for any US cybersecurity strategy,” Galaxy Digital’s head of firmwide research Alex Thorn said in an X post on Friday. Crypto and blockchain were mentioned once in the six-page report: “We will build secure technologies and supply chains that…

Ethereum Price Corrects Gains, Drifts Toward Key Support Zone

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Ethereum price started a fresh increase and tested $2,200. ETH is now correcting gains and might decline further if it trades below $2,030. Ethereum started a downside correction below the $2,120 zone. The price is trading above $2,065 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,030 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,135 zone. Ethereum Price Starts Downside Correction Ethereum price started a fresh…

SoFi taps BitGo to support distribution of its SoFiUSD stablecoin

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SoFi Technologies has selected BitGo Bank & Trust as its technology and infrastructure partner to support SoFiUSD, a SoFi Bank-issued stablecoin. BitGo, through its Stablecoin-as-a-Service platform, will deliver technology and operational infrastructure that allows SoFi to issue SoFiUSD on a public, permissionless blockchain. The platform targets forward-looking institutions that need both modern technology and a trusted foundation, BitGo CEO Mike Belshe said in a statement. He noted that SoFiUSD showcases how regulated banking can combine with blockchain efficiency while BitGo supplies the infrastructure for safe and scalable issuance. The OCC-regulated…

XRP Tests 200 EMA Breakout As Descending Channel Support Holds

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XRP is approaching a pivotal technical moment as it pushes against the 200 EMA while holding firm at the base of a descending channel. With support still intact and momentum building near resistance, the chart is compressing into a potential breakout setup. A confirmed move above the EMA could shift short-term sentiment, while failure would keep the broader corrective structure in play. XRP Tests The 200 EMA Barrier According to technical analyst Egrag Crypto, XRP is currently attempting a significant breakthrough as it pushes against the 200 EMA. This move…