Recently, an interesting phenomenon has emerged in the cryptocurrency market that may overturn our traditional understanding of XRP's price trends. An independent market observer focused on on-chain data analysis has put forward a thought-provoking point: South Korea's largest cryptocurrency exchange, Upbit, may play a key role in the formation of XRP's price.
As the fifth largest cryptocurrency by market capitalization, XRP's price fluctuations have always attracted attention. This analyst conducted an in-depth study of the cumulative trading volume increment (CVD) data from multiple major ex

After conducting an in-depth analysis of the recent trends in the Crypto Assets market, I believe it is necessary to share with everyone the current market dynamics of Bitcoin ( BTC ) and Ethereum ( ETH ).
Regarding Bitcoin, the recent rebound seems to be nearing its end, and the formed head-and-shoulders bottom pattern is facing a test. In the short term, signs of weakness on the 1-hour and 4-hour charts are becoming increasingly apparent. Notably, the MACD indicator has shown a top divergence, which is often seen as a signal of a potential peak. Currently, the support level around $114,000 i

Recently, a noteworthy judicial ruling was concluded in Miami, Florida, where a well-known electric vehicle manufacturer suffered its first defeat in a lawsuit related to assisted driving, being ordered to pay up to $243 million in damages. This ruling not only ends the company's undefeated record in such cases but may also set an important precedent for future liability lawsuits of a similar nature.
The case originated from a fatal car accident that occurred in Florida in 2019. After three weeks of trial and two days of jury deliberation, the eight-member jury ultimately found that the car co

Recently, Mary Daly, the President of the San Francisco Fed, delivered a thought-provoking speech. She stated that the two planned rate cuts this year seem moderate, but the subtle attitude conveyed in her words has sparked widespread attention and interpretation in the market.
Daly expressed approval of the interest rate cut decision in July, but also hinted at the need for more caution in the future. This seemingly contradictory statement reflects the complexity of the current economic situation and the challenges faced by the central bank in formulating monetary policy.
Currently, the U.S.

Recently, the Ethereum ecosystem has stirred again. According to industry insiders, The Ether Machine's subsidiary The Ether Reserve LLC has completed a large-scale ETH acquisition. This operation involved 10,605 ETH, with an average purchase price of $3,781.
This move is not an isolated incident, but an important part of the company's long-term accumulation strategy. It is noteworthy that the funds for this increase come from the $97 million private placement previously raised by The Ether Machine.
More notably, since the beginning of this month, The Ether Machine has been very active in the

In the Web3 ecosystem, 'Airdrop' has become a popular user incentive mechanism. Essentially, an airdrop is a Token reward provided by the project party to reward early supporters and contributors.
There are various ways to participate in Airdrops, and each way has its unique characteristics and requirements. The most common forms of participation include social media interactions, such as liking, retweeting, or posting specific content on Twitter. Additionally, inviting friends to register for a project account is also a common way to contribute.
For users with stronger technical capabilities,

Recently, the Ethereum (ETH) market dynamics have attracted attention, with its price movement exhibiting characteristics of building strength, which is analyzed as forming a "bull relay platform". Multiple indicators show that ETH may be entering a new rising cycle.
On-chain data shows that Gas fees are gradually rising, which usually indicates an increase in network activity. Meanwhile, the highly anticipated Dencun upgrade is about to be implemented, which is expected to bring substantial improvements to the Ethereum ecosystem and further boost its development momentum.
From a price perspec

In the current cryptocurrency market, the ENA project is gradually attracting the attention of investors. As a member of the Ethereum ecosystem, ENA has a solid technical foundation. The project is backed by strong support, including partnerships with well-known institutions, which provides a strong guarantee for its development.
The ENA plan aims to raise approximately $260 million through its listing, while conducting daily repurchase operations of about $5 million. This strategy helps maintain the stability of the token price. It is worth noting that the stablecoin sector is widely regarded