BitMine doubles down on Ethereum despite market slump. BitMine has purchased 
21,537 ether tokens, continuing its Ethereum accumulation strategy amid 
declining stock prices and billions in unrealized losses on its balance sheet, 
according to analytics platform Lookonchain. Lookonchain reported that…

BitMine expands Ethereum holdings with major purchase

Grayscale’s Dogecoin and XRP exchange-traded funds have been cleared for 
listing on the New York Stock Exchange and are expected to debut later today. 
NYSE Arca, a subsidiary of the exchange, filed and disclosed two separate 
certifications with the Securities…

Grayscale’s Dogecoin and XRP ETFs approved for NYSE listing later today

XRP price rebounds, faces resistance, bullish signs on the hourly chart. XRP 
price has recovered from recent lows and is trading above a key hourly moving 
average, according to technical analysis data. The cryptocurrency declined 
below a support level alongside…

XRP price breaks out above key moving average amid recovery

Solana started a recovery wave above the $125 zone. SOL price is now 
consolidating and faces hurdles near the $135 zone. SOL price started a decent 
recovery wave above $125 and $128 against the US Dollar. The price is now 
trading above $130 and the 100-hourly simple moving average. There is a 
bullish trend line forming with support at $130 on the hourly chart of the 
SOL/USD pair (data source from Kraken). The price could continue to move up if 
it clears $135 and $140. Solana Price Aims Recovery Solana price remained 
stable and started a decent recovery wave above $125, like Bitcoin and 
Ethereum. SOL was able to climb above the $130 level. There was a move toward 
the 50% Fib retracement level of the downward move from the $145 swing high to 
the $121 low. Besides, there is a bullish trend line forming with support at 
$130 on the hourly chart of the SOL/USD pair. Solana is now trading above $130 
and the 100-hourly simple moving average. On the upside, immediate resistance 
is near the $135 level or the 61.8% Fib retracement level of the downward move 
from the $145 swing high to the $121 low. The next major resistance is near 
the $140 level. The main resistance could be $145. A successful close above 
the $145 resistance zone could set the pace for another steady increase. The 
next key resistance is $155. Any more gains might send the price toward the 
$162 level. Another Drop In SOL? If SOL fails to rise above the $135 
resistance, it could continue to move down. Initial support on the downside is 
near the $130 zone. The first major support is near the $127 level. A break 
below the $127 level might send the price toward the $124 support zone. If 
there is a close below the $124 support, the price could decline toward the 
$120 zone in the near term. Technical Indicators Hourly MACD – The MACD for 
SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative 
Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support 
Levels – $130 and $124. Major Resistance Levels – $135 and $140.

Solana (SOL) Recovery Underway But Momentum Still Needs Stronger Follow-Through

Bitwise’s Matt Hougan says tokens are getting better at returning value to 
holders, and Ethereum&#8217;s Fusako upgrade could “increase token value capture.”

Cryptocurrency price in VEF