XRP Faces Uncertainty Amidst Wedge Formation and Diverging On-Chain Metrics

Ripple’s XRP is currently navigating a narrowing wedge pattern as on-chain data reveals a decline in profit-taking, signaling volatility in its momentum. The altcoin faced resistance at $2.50, with significant liquidation activity indicating a struggle for bulls to maintain market control. According to COINOTAG, the MVRV Z-score has plummeted to critical levels, suggesting less incentive … Read more

Canada plans to keep 25% retaliatory tariffs on most US goods

Canada’s finance minister said the government will keep 25% retaliatory tariffs on US goods worth tens of billions of dollars, countering previous reports that Ottawa had quietly paused levies on US goods. In a social-media post on Saturday, François-Philippe Champagne stated that about 70 percent of the counter-tariffs imposed in March remain active. That share … Read more

A Deep Dive into Network Revenue Peaks and Valuation Multiples

In a recent report by COINOTAG News, co-founder Jon Charbonneau unveiled compelling data linking Ethereum and Solana with their peak network revenues. Notably, both cryptos demonstrated remarkable revenue multiples of approximately 26.5 times when their all-time high prices were achieved. Ethereum reached its zenith in November 2021, generating an impressive network revenue of around $1.83 … Read more

Don’t Miss This Chart Signal

Hedera (HBAR) has recently shown signs of slowing momentum after an impressive bounce in early May. With the current price hovering near $0.192 and both the hourly and daily charts flashing mixed signals, traders are split on whether HBAR price is preparing for another leg up or a potential drop below key support. Let’s break … Read more

Here’s why, and who’s winning

Ethereum and PEPE have emerged as primary market drivers following BTC’s recent cooldown. Current data favors ETH’s steady advance, but PEPE’s pattern suggests a classic reload phase. Since Bitcoin [BTC] cooled, Ethereum [ETH] and Pepe [PEPE] have diverged sharply.  ETH is steadily grinding higher with consistent 3%+ weekly gains, showing strong, sustained momentum. PEPE, meanwhile, … Read more

AUSTRAC Fines Crypto Exchange Cointree for Reporting Failures

The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing to submit suspicious matter reports on time. Cointree Fined Despite Self-Reporting The Australian financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing … Read more

Blum Co-Founder Vladimir Smerkis Arrested

Vladimir Smerkis, co-founder of the crypto game Blum and former head of Binance’s CIS division, has been arrested in Moscow on suspicion of fraud. The Zamoskvoretsky District Court ordered his detention this week. Authorities have not disclosed the specifics of the alleged criminal activity. Blum Distances Itself From Vladimir Smerkis Blum rose to prominence as … Read more

AUSTRAC Fines Crypto Exchange Cointree for Reporting Failures

The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing to submit suspicious matter reports on time. Cointree Fined Despite Self-Reporting The Australian financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing … Read more