Potential for the downside continuation on the daily -timeframe.
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Arbitrum, Aptos, Starkware, SAND lead $220 million token unlocks next week
Token unlocks data on Friday reveals that the crypto market will see $220 million worth of tokens entering circulation next week amid signs of recovery from the recent market crash.
$560 million Ethereum options expire amid weakening bearish momentum
Ethereum (ETH) is up 0.4% on Friday as ETH ETFs record another day of mild inflows. The recent market crash could also alter earlier predictions of the ETFs, boosting ETH to a new all-time around $5,000.
Key Bitcoin metrics to watch out for ahead of next week following market sell-off
Bitcoin could be set for an interesting week as it struggles to recover from its largest drawdown in the current cycle. This drawdown was sparked by fears of recession, geopolitical tension in the Middle East, and the Japanese yen carry trade.
Ripple set to begin testing stablecoin launch after ending case with SEC
Ripple revealed on Friday that it has begun beta testing for its RLUSD stablecoin, pending regulatory approval for its usage. Meanwhile, XRP has declined over 6% in the past 24 hours but could see a rally after the announcement.
Bitcoin: Can BTC bounce back from recent market crash?
Bitcoin (BTC) trades above $60,000 on Friday after a 7.2% decline and a dip below the $50,000 level earlier in the week, following a test of its daily support level at around $49,900 on Monday.