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Gemini co-founder Tyler Winklevoss has called out JPMorgan over its treatment of his crypto exchange. Winklevoss accused the largest U.S. bank of refusing to re-onboard the exchange after he criticized them last week over their involvement in Operation Chokepoint 2.0. JPMorgan Holds Off On Re-Onboarding Gemini In an X post, Winklevoss revealed that the U.S.
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After the XRP lawsuit update today, XRP lawyer Fred Rispoli predicts that both Ripple and the SEC will ultimately drop their appeals and settle the case with a reduced penalty. Judge Torres Rejects Joint Motion in XRP Lawsuit Judge Analisa Torres has denied a joint motion filed by both the U.S. Securities and Exchange Commission
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The post Dogecoin To The Moon? Price Eyes $0.27 appeared first on Coinpedia Fintech News
After months of sluggish price action and sideways consolidation, Dogecoin (DOGE) may finally be on the verge of a meaningful breakout. Recent price movements, technical signals, and broader macroeconomic trends all appear to be converging in DOGE’s favor.
According to analysis, Dogecoin has officially broken out of a descending channel, a formation that has capped price rallies since the beginning of the year. The breakout is further validated by a successful retest of prior resistance, now turned support, suggesting a bullish reversal is underway.
The immediate resistance lies at $0.27, but continued bullish pressure could push DOGE toward $0.39 and even $0.43 in the coming weeks. Meanwhile, support around $0.17 provides a safety net in the event of short-term pullbacks.
Recent price behavior shows Dogecoin is in a micro-corrective phase, currently holding above a key support zone between $0.17 and $0.1777. This region was previously identified as a micro-support level, and the market has reacted accordingly, hinting that the fifth wave up in an Elliott Wave sequence may be starting.
In the current wave count, analysts identify a potential three-wave move up, with Wave 3 peaking near the 138% Fibonacci extension at $0.196. If this structure holds, Wave 5 could extend toward the 161.8% level at $0.206 or the 178.6% level at $0.213. A confirmed break above $0.185 would strongly mean that the next bullish leg is underway.
However, a decisive drop below $0.17 would cause a temporary delay in the anticipated rally. For now, the pullback appears corrective and shallow, which aligns with an ongoing uptrend.
Beyond the charts, macroeconomic indicators are adding fuel to the bullish case. One emerging narrative gaining traction among analysts is the correlation between cryptocurrency prices and global M2 money supply — a measure of the world’s money supply that includes cash, checking, and easily convertible near-money.
According to one user, when applying a 110-day offset, there appears to be a consistent pattern between increases in M2 and DOGE price rallies — excluding outlier events like the post-Trump-election price surge.
If money continues flowing into assets like Dogecoin as global liquidity expands, especially during the summer, this correlation could become even more evident — reinforcing the bullish technical setup.
The post Dogecoin To The Moon? Price Eyes $0.27 appeared first on Coinpedia Fintech News
After months of sluggish price action and sideways consolidation, Dogecoin (DOGE) may finally be on the verge of a meaningful breakout. Recent price movements, technical signals, and broader macroeconomic trends all appear to be converging in DOGE’s favor. Technical Breakout from Descending Channel According to analysis, Dogecoin has officially broken out of a descending channel, …
Solana developers are pushing for new frontiers in the ecosystem with the launch of the Confidential Balances Token Extension. Now live on the mainnet, the developers described Confidential Balances as the “first ZK-powered encrypted token standard built for institutional compliance.” Using this technology will come without a need to sacrifice the sub-second finality that Solana is known for.
The Solana Confidential Balances solution is designed for developers and helps amplify privacy configurations. It is a set of three token extensions that integrate privacy in Encrypted balances and transfers, mint/burn operations with a discrete total supply, and discrete fee handling.
Solana developers who want to implement this solution can currently gain implementation for three basic settings. As revealed, these include Server-side Rust backends, WaaS integrations for custodial solutions, and Decentralized Applications (DApps) with trusted confidential token handling.
As a protocol building for enterprise adoption, the developers said this solution is useful for encrypted payroll systems. In addition, Confidential Balances can help secure B2B payment transfers, privacy-preserving wallets, and consumer dApps on Solana.
This solution is one of the latest releases from the Solana developers this year, cementing its role in boosting Web3 innovations.
Over the past year, the Proof-of-Stake (PoS) network has recorded ups and downs amid a massive adoption trend. This massive adoption also triggered challenges of outages and general misuse of its products.
As the dominant hub for memecoins over the past few months, PumpFun, the ecosystem’s top meme launchpad, recorded a drop in engagement. This follows an extreme tactic users deploy to draw attention to their launched tokens via its livestream feature.
The backlash fueled its suspension in countries like the United Kingdom, forcing the launchpad to halt the feature five months ago. With the rebranding effort, PumpFun relaunched the livestream feature. This has further repositioned Solana as a hub with new products to watch out for.
The price of Solana is also in the spotlight in the altcoin world amid the global market rout. At the time of writing, the coin was changing hands for $103.47, down by 1.44% in 24 hours.
An earlier SOL price analysis made a projection on whether Solana can fuel the next altcoin rally. However, despite jumping as high as $112.29 in the past 24 hours, the coin is yet to pare off the more than 18% loss it accrued in the past week.
Amid the volatility, the coin remains bound to general financial market trends even though ecosystem developments can boost sentiment in the long term.
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