Tag: Support

Dogecoin (DOGE) Gives Back Gains, Support Level Under Spotlight

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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…

Apollo Partners With Morpho To Support Lending Infrastructure

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Traditional finance giant Apollo Global Management Inc. has signed a partnership agreement with decentralized lending platform Morpho to take a significant stake in the project and help support its blockchain lending infrastructure.  The move was announced on Friday by the Morpho Association, the nonprofit organization behind the decentralized finance (DeFi) platform.  The partnership, or “cooperation agreement,” will see Apollo or its affiliates buy up to 90 million Morpho (MORPHO) governance tokens over the next four years, representing 9% of the total 1 billion-token supply of MORPHO.  “Under the Agreement, Apollo…

XRP Price Steadies Above Support, Break Higher Or Fade Again?

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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…

Bank of England taps Chainlink to support onchain securities settlement

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Chainlink, a decentralized oracle network connecting smart contracts to real-world data, has been chosen to join the Bank of England’s Synchronisation Lab, an experimental program testing how blockchain-based assets can settle alongside traditional central bank money. JUST ANNOUNCED: Chainlink has been selected to participate in the Bank of England’s Synchronisation Lab. Chainlink is supporting synchronized settlement between central bank money and onchain securities. This is how the UK financial system moves onchain. pic.twitter.com/b3ho0gN1DY — Chainlink (@chainlink) February 10, 2026 The initiative, announced today, positions the oracle provider among 18 firms…

Bitcoin miner Cango completes $305 million BTC sale to support its AI pivot

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Bitcoin miner Cango completed a sale of 4,451 Bitcoin worth roughly $305 million to reduce debt and fund its transition to AI computing, the company announced Monday. The company currently holds more than 3,600 Bitcoin, worth about $251 million at current market prices, making it the 27th-largest publicly traded firm with Bitcoin on its balance sheet. The transaction marks the largest disclosed Bitcoin sale by the firm since it entered the mining sector. In January, Cango produced 496 BTC while selling 550 BTC as part of a selective divestment approach…

Bitcoin May Need Two Years to Flip $93,500 Back to Support

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Bitcoin (BTC) liquidated billions of dollars going into Friday as BTC price action set bearish records. Key points: Bitcoin liquidates $2.6 billion as it sees its first red $10,000 daily candle ever. BTC price action dives further in percentage terms than on any day since the 2022 bear market. It may take until 2028 for Bitcoin to return above $93,500 again. Bitcoin seals biggest daily dollar rout in history Data from TradingView showed BTC/USD consolidating after bouncing from $59,930 — its first trip below the $60,000 mark since October 2024.…

Ethereum Price Closes Sub-$2,000 Support As Crypto Rout Intensifies

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Ethereum price extended its decline below $2,000 and $1,950. ETH is now attempting to recover from $1,750 but faces many hurdles near $2,200. Ethereum failed to stay above $2,000 and started a fresh decline. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 zone. Ethereum Price Dips Over 15% Ethereum price failed…

XRP Price Cracks $1.50 Support, Bears Eye Lower Targets Next

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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…

Bitcoin Price Falls Further, Raising Stakes At The $70K Support

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Bitcoin price extended its decline below $73,500. BTC is now consolidating losses but faces many hurdles near $75,500. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $75,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $75,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $72,000 and $71,200 levels. Bitcoin Price Dips Further Bitcoin price failed to remain stable above the…

Corn: DeFi faces critical customer support challenges, Yearn’s foresight on UST highlights governance risks, and the market is set for recovery in late 2023

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Yearn Finance highlights the urgent need for better risk management as DeFi faces growing challenges. Key takeaways Customer support remains a significant challenge in DeFi due to the lack of traditional support structures. Yearn Finance conducts due diligence on new strategies to ensure safety before implementation. UST was identified as structurally unsound by Yearn, demonstrating foresight in risk management. Stablecoins backed by governance tokens are unlikely to succeed long-term due to inherent risks. Yearn’s strategy involves curating yield-generating opportunities across DeFi protocols with a focus on risk management. The DeFi…