The post LAB Token Crashes 90% in a Week as Selloff Wipes Out Billions appeared on BitcoinEthereumNews.com.
LAB plunged nearly 90% in a week as heavy selling erased billions and shook investor confidence. Analysts linked LAB’s collapse to exchange-side selling as supply and liquidity concerns deepened. Traders are watching for a short squeeze if LAB rebounds and triggers major short liquidations. LAB suffered another sharp selloff on July 9, extending a week of heavy losses that erased billions of dollars in market value and rattled the broader crypto market. The multi-chain trading terminal token fell to around $0.90, down about 60% over the past 24 hours and nearly 90% over the past week. The latest decline comes after weeks of questions over LAB’s token supply, liquidity, and trading activity. Its market capitalization dropped to about $280 million, while daily trading volume climbed above $340 million as selling intensified. Analysts Point to Exchange-Side Selling Market comment
The post Backpack opens 24/7 trading for real U.S. equities to overseas investors appeared on BitcoinEthereumNews.com.
Crypto wallet and exchange, Backpack, has launched 24/7 trading for international investors, allowing the buying and selling of real U.S. shares, starting with SpaceX (SPCX), Micron Technology (MU), and SanDisk (SNDK). Now traders outside the U.S. who previously had to wait for Wall Street’s opening bell, or settle for derivative products, can have American stocks at their fingertips. According to the company’s announcement, buyers hold the actual securities they acquire, with each position backed one-to-one by shares kept in U.S. custody. Holders are also entitled to dividends and corporate actions, the same as any registered shareholder. Backpack brings U.S. tokenized securities Backpack’s tokenized securities platform draws liquidity from traditional exchanges to ensure prices are moving even when the markets are closed, making overnight and weekend trading possible
The post Solana Could Surge to $127 If It Clears This Critical Resistance: Analysis appeared on BitcoinEthereumNews.com.
Solana buy signal appears above $78 as analysts watch $100 to $127 resistance for the next SOL breakout. Solana has returned to focus after a new buy signal appeared on its chart. The signal followed SOL’s move above $78 on June 30. The SuperTrend indicator turned bullish after that move, placing short-term trend watchers back on alert. Analysts now say one resistance zone may decide whether the recovery continues. The main area to watch sits between $100 and $127. A clean break above that range would strengthen the current bullish setup. At the same time, on-chain activity has improved, adding support to the price discussion. However, SOL still needs confirmation above resistance before larger targets gain attention. SuperTrend Signal Turns Buyers’ Focus Back to SOL The SuperTrend indicator flipped bullish after Solana broke above $78. Traders often use this signal
The post Zcash price has climbed above $500 as Ironwood upgrade optimism lifts trader activity appeared on BitcoinEthereumNews.com.
Zcash price has rallied past $500 after open interest jumped to $1.02 billion and traders accumulated positions ahead of the July 28 Ironwood upgrade. Summary Zcash price climbed above $500 as traders positioned ahead of the July 28 Ironwood network upgrade. Futures open interest rose 27% to $1.02 billion, while trading volume jumped 49%, signaling stronger market participation. Technical indicators point to continued bullish momentum, with $510-$516 emerging as the next key resistance zone. According to data from crypto.news, Zcash (ZEC) price has risen more than 7% over the past 24 hours to trade above $500, extending its weekly gain to around 10% as traders increased exposure ahead of the network’s Ironwood upgrade. Alongside the price rally, derivatives participation has accelerated, while technical indicators point to sustained buying momentum. The la
Zcash price has rallied past $500 after open interest jumped to $1.02 billion and traders accumulated positions ahead of the July 28 Ironwood upgrade. According to data from crypto.news, Zcash (ZEC) price has risen more than 7% over the past…
Solana buy signal appears above $78 as analysts watch $100 to $127 resistance for the next SOL breakout. Solana has returned to focus after a new buy signal appeared on its chart. The signal followed SOL’s move above $78 on June 30. The SuperTrend indicator turned bullish after that move, placing short-term trend watchers back […]
The post Solana Could Surge to $127 If It Clears This Critical Resistance: Analysis appeared first on Live Bitcoin News.
The post Analyst Says XRP’s Billion-Dollar Unlock Is Old News, Ripple’s Bank Ambitions Aren’t appeared on BitcoinEthereumNews.com.
The post Analyst Says XRP’s Billion-Dollar Unlock Is Old News, Ripple’s Bank Ambitions Aren’t appeared first on Coinpedia Fintech News Ripple released roughly $1 billion worth of XRP from its escrow this week, an amount large enough to catch the attention of traders watching the token’s price action closely. Asked how to interpret the timing, given XRP’s recent price weakness, one analyst pushed back on the idea that the unlock signals anything unusual. “This is … Source: https://coinpedia.org/news/analyst-says-xrps-billion-dollar-unlock-is-old-news-ripples-bank-ambitions-arent/
Bitcoin Tests $59,000 as Traders Look For A Cleaner Rebound After Supply Pressure is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Bitcoin’s rebound
