XRP has slipped below the critical $1.40 threshold amid broader market pressures and rising exchange reserves, raising concerns that a continued sell-off could test support levels near $1.28.
Bitcoin dropped below $82,000 amid a wider cryptocurrency market downturn that sparked nearly $1 billion in forced liquidations, driven by geopolitical tensions, climbing oil prices, and government wallet transfers.
NextBlock has led a $3 million seed round in Soda Labs to support the expansion of the firm's programmable privacy infrastructure and chain-agnostic coprocessor, Soda Bubble, for public blockchain financial activities.
Zcash has experienced a significant correction from its September highs, trading near $1,319 as technical indicators and a daily bear pennant suggest a potential deeper pullback toward $1,000.
Zcash activated its NU7 testnet, aiming to shorten block spacing and alter reward mechanisms ahead of a tentative mainnet launch, while ZEC faces a potential risk of crashing toward $1,100 if support fails.
Zcash traders face heightened liquidation risks after the privacy-centric cryptocurrency nearly doubled in price. A massive $44 million long-liquidation trap and bearish divergence could potentially push ZEC 20% lower.
XRP has slipped below the critical $1.40 threshold amid broader market pressures and rising exchange reserves, raising concerns that a continued sell-off could test support levels near $1.28.
Bitcoin dropped below $82,000 amid a wider cryptocurrency market downturn that sparked nearly $1 billion in forced liquidations, driven by geopolitical tensions, climbing oil prices, and government wallet transfers.
NextBlock has led a $3 million seed round in Soda Labs to support the expansion of the firm's programmable privacy infrastructure and chain-agnostic coprocessor, Soda Bubble, for public blockchain financial activities.
Bitcoin faces downward pressure and risks dropping below $82,000 as US spot Bitcoin ETFs record $487 million in daily withdrawals, the highest single-session total since June, amid macroeconomic challenges.
Zcash faces a downward price correction amid ongoing redemptions from the Grayscale Zcash ETF and weakening technical indicators, raising concerns of a potential further 16% decline toward the $1,050 support level.
