Crypto News

After a period of compression, akin to a lady of quality enduring the constraints of society, Polkadot has finally found the means to break free. The breakout, developing on the weekly timeframe, adds to its potential significance. At the heart of this movement is the $3.75 level, a crucial zone that has previously acted as a barrier and is now being retested as a support. Should the price action hold above this level, DOT may well be setting the stage for a powerful trend reversal, much like a heroine in a novel finding her true path after a series of trials and tribulations.

Ah, the daily time frame of Dogecoin’s price chart. It has a lovely falling channel formation, which has been dominating its price action since early 2025. It had been bouncing off a rather cozy lower support near $0.15, almost as though it was trying to get comfortable. But wait! This week, it showed a rather cheeky breakout above the upper trendline of the falling wedge. The coin is now trading at $0.198, with a market cap of $30.03 billion. Oh, and it’s now above both the 20-day and 50-day EMAs, which is, if I may say so, a rather bullish signal. Could it be headed for the long-term 200-day EMA band? Stay tuned!

“With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,” Schiff said in a Thursday X post, no doubt with a straight face 😒. Bitcoin, meanwhile, was busy mooning and setting new highs above $112,000.

One of the biggest beneficiaries of this bullish wave is Ethena’s native token ENA, which has surged a whopping 25% in the past 24 hours 🚀. This makes it the top gainer in the market today, because who doesn’t love a good underdog story? 🐕

This innovation, which leverages the latest in cryptographic wizardry, allows on-chain token balances and transaction amounts to remain as mysterious as a sphinx, all while maintaining compliance and auditability when necessary. It’s a bit like having your cake and eating it, too – or rather, having your cake, eating it, and then pretending you never had any cake in the first place.

The review marks the first major test of the Markets in Crypto-Assets Regulation (MiCA), which became fully effective across the EU in December 2024. MiCA entered into force in June 2023 and includes substantial ‘Level 2 and Level 3’ measures that must be developed before the entry into application of the new regime.

The XRP price today has displayed a strength worthy of Hercules, climbing over 7% in just 48 hours and currently floating around $2.59. This upward trajectory follows Ripple’s announcement of a new custodial partnership with BNY Mellon, a deal that many believe will fortify the utility and institutional respectability of the XRP coin. Imagine, a mere cryptocurrency rubbing shoulders with the titans of finance! 🏛️💰

And get this, the acquisition comes just days before Pump.fun’s highly anticipated Initial Coin Offering (ICO), where they aim to raise a staggering $1 billion. A billion dollars! That’s more than I’ve ever seen in my life, and I’ve been to a few fancy restaurants. 🍔

Unlike the previous episodes of euphoria, which were often fueled by the whims of retail investors and the reckless use of leverage, the current ascent is a more measured and structurally sound affair. 🎩✨

Davinci reminds the crypto community that “crypto is not easy.” He describes the cryptocurrency space as “the most mentally challenging, competitive sport in the world,” where players are vying for victory. However, there are certainly positive aspects to it, he adds: “But it’s also the most rewarding once you make it.”