Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

hold

inZOI: Island Getaway's DLC is here, and here's a trailer to hold you over until you can get home and play it
Game Reviews

inZOI: Island Getaway’s DLC is here, and here’s a trailer to hold you over until you can get home and play it

by admin August 20, 2025


Very much right on schedule, Krafton has released Island Getaway, the long-teased DLC pack for life sim game inZOI. The first time we got solid details of the add-on was back in July, when the developer confirmed it would be revealed at gamescom.

Later, an official release date was announced, and it turned out that you won’t actually have to be attending gamescom in person to play the DLC, because its release date is August 20. Well, that day has now arrived.


To see this content please enable targeting cookies.

Manage cookie settings

Island Getaway launched earlier today, free to all owners of inZOI. The DLC is part of a larger patch, version 0.3.0, which brings several quality of life tweaks and other updates across the board. This also means that inZOI is now available on Mac OS.

Island Getaway adds an entirely new map to the game. It’s called Cahaya, and it’s split into two islands. The whole thing is inspired by Southeast Asian locales, and that’s what the new activities and outfits are themed after.

Lifestyle activities (farming, fishing, mining) are among the core features of this update. There’s also the arrival of vehicles to look forward to, which let you travel around faster and more easily. There’s plenty in the patch notes that inZOI players will appreciate.



To see this content please enable targeting cookies.

Manage cookie settings

If you’re thinking of joining them, there’s a nicely-timed 20% off sale, live now on Steam. The discount is good until September 2, so there’s plenty of time to decide. If you know your PC won’t be able to handle the game, you’re probably better off waiting until inZOI comes to PS5 next year.

While you’re here, you’re going to appreciate our guides for how to change your gender and sexuality, as well as how to go to university. We’ve also updated our jobs guide with the new careers that became available with the DLC.



Source link

August 20, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Fed’s Top Banking Regulator Floats Allowing Staff to Hold Crypto

by admin August 20, 2025



In brief

  • Fed Vice Chair for Supervision Michelle Bowman said staff should be allowed to hold small amounts of crypto to gain practical understanding.
  • Her remarks emphasized blockchain’s potential to reduce friction in asset transfers and called for legal frameworks to evolve in parallel.
  • Legal experts say her comments mark a regulatory shift, though some warn staff holdings could pose conflict-of-interest risks.

Federal Reserve Vice Chair for Supervision, Michelle Bowman, told a crypto conference in Jackson Hole on Tuesday that she favors allowing central bank staff to hold small amounts of crypto, an idea that, if formally proposed, could alter the Fed’s internal rules and spur debate over how the institution engages with digital assets.

The approach should consider allowing Federal Reserve staff “to hold de minimus amounts of crypto or other types of digital assets,” Bowman told audiences in prepared remarks at the Wyoming Blockchain Symposium on Tuesday.

Bowman framed the conversation as one about tokenization’s role in reducing frictions in asset transfers, highlighting how the technology could streamline ownership changes, cut costs, and expand access to capital markets.



“It is possible that we could see a ‘tipping point’ where the processes themselves are well-established, and legal frameworks have been updated to permit a wider range of activities relying on the new technology,” she explained.

A “similar challenge with blockchain technologies” is that adoption depends not only on technical progress but also on legal and regulatory frameworks keeping pace with how the systems are used in practice, Bowman noted.

“We stand at a crossroads: we can either seize the opportunity to shape the future or risk being left behind,” Bowman said.

Crypto policy and legal observers argue Bowman’s comments amount to more than industry talk, carrying weight beyond the symposium setting.

Her remarks “hint at a more open, balanced regulatory approach,” and “show the Fed moving from caution to curiosity,” which could mean U.S. regulators are leaning on “practical understanding over pure caution,” Vincent Liu, chief investment officer at Kronos Research, told Decrypt.

“Bowman’s remarks cannot be dismissed as mere rhetoric; they represent an inflection point in the U.S. regulatory approach to crypto that we can no longer avoid as a country,” Andrew Rossow, a public affairs attorney and CEO of AR Media Consulting, told Decrypt. “They challenge not only the ‘how’ but the ‘why’ of financial supervision.”

Such a stance would “necessitate rigorous legal frameworks, public debate, and more efficient legislative action to balance practical expertise with the highest standards of integrity and public trust,” Rossow explained.

Yet Rossow also cautions that Bowman’s suggestion raises questions about conflicts of interest.

“Regulators cannot realistically avoid the danger of perceived partiality or diminished public trust if staff directly hold even small amounts of speculative assets,” he said, adding that “practical exposure” and direct crypto ownership may not be the “only effective path to regulatory competence.”

Rossow argued that episodes from Enron to the Silk Road and FTX show how repeated crises expose the dangers of “blind reliance on fear of abuse,” making clear the need to reckon with their lasting significance. “The answers are right in front of us, and they’re hauntingly beautiful,” he said.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

August 20, 2025 0 comments
0 FacebookTwitterPinterestEmail
Fed Official Says Staff Should Be Allowed To Hold Crypto
Crypto Trends

Fed Official Says Staff Should Be Allowed To Hold Crypto

by admin August 20, 2025



The Federal Reserve’s top regulatory official says staff from the US central bank should be allowed to invest a small amount in crypto to help them understand the technology.

Fed vice chair for supervision Michelle Bowman said at a blockchain event in Wyoming on Tuesday that the regulator should consider allowing its staff “to hold de minimus amounts of crypto or other types of digital assets so they can achieve a working understanding of the underlying functionality.”

“We will soon be establishing a framework for supervising issuers of these assets,” she added.

“There’s no replacement for experimenting and understanding how that ownership and transfer process flows.”

Currently, most Fed staffers and their spouses are barred from owning crypto or products that concentrate on crypto, such as exchange-traded funds or shares in crypto companies.

The Fed tightened its rules on all investments in early 2022 after it was revealed that three top officials had unusual trading activity in 2020, as the regulator took action to support the US economy in the early days of the COVID-19 pandemic.

Allowing crypto could help recruitment, rulemaking 

Bowman said the Fed staff investment restrictions “may be a barrier to recruiting and retaining examiners with the necessary expertise,” and easing the rules would help existing staff better understand the technology.

Michelle Bowman giving prepared remarks at the Wyoming Blockchain Symposium 2025 on Tuesday. Source: YouTube“I certainly wouldn’t trust someone to teach me to ski if they’d never put on skis, regardless of how many books and articles they have read, or even wrote, about it.”

Bowman urges Fed not to “stand still”

In her speech, Bowman said bank regulators had an “overly cautious mindset” and urged them to be less skeptical of new financial products and “recognize the utility and necessity of embracing technology in the traditional financial sector.”

She said some bankers are concerned that blockchain technology threatens traditional business models, but that technology could “change the banking system regardless of how banks and regulators choose to respond.”

“We must choose whether to embrace the change and help shape a framework that will be reliable and durable — ensuring safety and soundness and incorporating the benefits of both efficiency and speed — or to stand still and allow new technology to bypass the traditional banking system altogether,” she added. 

“From a regulator’s perspective, the choice is clear.”

Related: New crypto advocacy group debuts at Wyoming summit

Bowman said she recognized the risks in adopting new technology, but those could be offset or “at least determined to be manageable when we recognize and consider the potentially extensive benefits of new technology.”

Trump’s crypto-friendly push

Bowman didn’t specify the types of crypto products or what amounts she would suggest the Fed allow, but her comments are the latest crypto-friendly remarks regulators have taken under the Trump administration.

On Friday, the Fed said it would end a supervision program for crypto and blockchain-related activities undertaken by banks, which the Biden administration set up in 2023.

Trump also signed an executive order earlier this month directing banking regulators to investigate claims of debanking made by the crypto sector and conservatives.

Trade Secrets: Ether could ‘rip like 2021’ as SOL traders brace for 10% drop 



Source link

August 20, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Bitcoin Cash Breaks Out, Cardano Breaks Down as Crypto Traders Hold Breath on Fed: Analysis

by admin June 25, 2025



In brief

  • Bitcoin Cash (BCH) rallies 6% with strong buying pressure and positive momentum indicators.
  • Cardano (ADA) slides 3.5% below key moving averages with bearish signs all around.
  • Fed is holding rates steady, and crypto traders eagerly await clearer monetary policy direction.

The effects of the ceasefire between Israel and Iran seems to have already been digested by traders as markets today cool down after big jumps earlier this week. Only two coins (Pi and Maple Finance) are up more than 10% with the average price appreciation in the top 100 coins by market cap being around 2%, and the average dip around that mark too.

But crypto traders are pushing upwards: total cryptocurrency market cap across the sector is up to $3.283 trillion, a modest 0.81% daily increase.

Traditional markets also remained relatively stable with the S&P 500 rising slightly to 6,097 points, gaining 0.07% from the previous session. The Federal Reserve’s decision to maintain interest rates at 4.25%-4.5% continues to create a wait-and-see environment, with Fed Chair Jerome Powell stating the central bank is “well positioned to wait” for more economic clarity. Looking ahead, traders on Myriad—a prediction market developed by Decrypt’s parent company Dastan—currently believe the Nasdaq will outperform the S&P 500 in the month of June.



Meanwhile, some coins are—as usual—doing better than others today, with Bitcoin Cash and Cardano traders making moves—perhaps with the urge to feel something on an otherwise boring markets day.

Bitcoin Cash (BCH) breaking out

Bitcoin Cash trading data. Image: TradingView

Bitcoin Cash, the original fork of the original Bitcoin, demonstrated its strength today, surging approximately 6% to $481.30 as it successfully breached the critical $470 resistance level that had capped prices throughout most of the month. This breakout came with substantial trading volume and multiple bullish technical confirmations.

The Relative Strength Index, or RSI, sits at a healthy 61, indicating strong bullish momentum without reaching overbought territory. This reading suggests buyers are in control, but there’s still room for further upside before hitting the typical 70+ overbought threshold where profit-taking often occurs. The RSI measures the speed and magnitude of price changes, and readings between 50-70 are generally considered bullish momentum zones.

The Average Directional Index, or ADX, reads 20, just below the crucial 25 threshold that confirms established trend strength. While this indicates the trend is weak and still developing rather than fully established, the rising trajectory suggests momentum is building toward a more decisive breakout. The ADX measures trend strength regardless of direction—readings above 25 typically signal strong trending conditions that traders often follow.

Moving Average Configuration: BCH is trading well above both its 50-day EMA (around $385) and 200-day EMA (near $352), creating a widening gap known as the “moving average divergence.” This growing separation signals a strong, sustained trend. The 50-day EMA, averaging prices over roughly 2.5 months, often acts as dynamic support in an uptrend, while the 200-day EMA reflects the broader market direction. With the 50-day EMA above the 200-day, short-term momentum is outpacing the longer-term trend—recent buyers are paying significantly more than those who entered 200 days ago, and the expanding distance between the two lines suggests that buying pressure remains intense.

The Squeeze Momentum Indicator shows “ON” status with an upward trajectory, suggesting price compression is being released to the upside. This indicator identifies periods when volatility contracts before major moves—the “ON” reading indicates the squeeze is active and momentum is building. This is not definitive, but suggest caution, either with a strong price break in a positive direction, or a heavy correction to come.

Overall, BCH is going up, but it’s possible that traders interpret its current zone as a tough one with indicators giving mixed signals.

Key Levels:

  • Immediate support: $460-$470 (recent breakout zone now becomes support)
  • Strong support: $385 (50-day EMA)
  • Immediate resistance: $500 (psychological level and next major barrier)
  • Strong resistance: $540 (measured move target from recent consolidation)

Cardano (ADA) breaks down

Are Cardano dudes even into Cardano anymore? During his most recent livestream, Cardano founder Charles Hoskinson proposed the Cardano Treasury get rid of nearly $100 million worth of ADA to buy a basket of stablecoins alongside Bitcoin and other synthetic assets.

Take this however you want. This is either a good sign for the network, as it helps increase DeFi liquidity and further decentralize the structure for long-term ecosystem growth, or the team doesn’t want the risk of hodling a coin that has not had a true bullish cycle since 2021.

Cardano (ADA) trading data. Image: TradingView

During the last 24 hours, markets seem to have taken the news with bitterness. ADA experienced a stark 3.5% drop to $0.5669 as multiple technical indicators flashed bearish signals.

The price action suggests ADA is struggling to maintain key support levels amid broader altcoin weakness.

Cardano (ADA) trading data. Image: TradingView

The RSI has dropped to 35, approaching oversold territory below 30 but not yet there. This reading indicates selling pressure is intensifying, and while oversold conditions could eventually trigger a relief bounce, the downward momentum suggests more weakness may be ahead. RSI readings below 40 often indicate bearish momentum, especially when accompanied by other negative signals.

The ADX registers 26, confirming a strong trend is in place. However, with the price declining, this strong ADX reading actually confirms the bearish trend’s strength rather than supporting a bullish case. This is why technical analysts always examine ADX alongside price direction—a high ADX with falling prices indicates strong downward momentum.

ADA trades below both its 50-day and 200-day EMAs, with the indicators showing a concerning pattern. The price trading below both moving averages suggests the trend has shifted bearish across multiple timeframes. When shorter-term averages fall below longer-term ones, it typically indicates sustained selling pressure and loss of investor confidence.

The Squeeze Momentum Indicator shows “OFF” status with negative momentum, indicating recent volatility has been released to the downside and further compression may be limited. This often translates to continued directional movement—in this case, potentially more downside.

Key Levels:

  • Immediate support: $0.5500 (psychological level and potential bounce zone)
  • Strong support: $0.5000 (major psychological level)
  • Immediate resistance: $0.5900 (must reclaim to signal recovery)
  • Strong resistance: $0.6400 (50-day EMA area that would indicate trend reversal)

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

June 25, 2025 0 comments
0 FacebookTwitterPinterestEmail
CoinDesk News Image
Crypto Trends

Solana (SOL) Recovers From Sharp Drop to Hold $140 as Traders Await Next Move

by admin June 21, 2025



Solana’s native token, SOL

, is trading at $140.46, down 1.41% over the past 24 hours, after recovering from a sharp 4.9% decline that took the price from $142.91 to $135.96, according to CoinDesk Research’s technical analysis model. The asset has since stabilized between $140 and $142, with support forming at $140.40.

Solana’s ecosystem continues to grow, with recent announcements including support for wrapped Bitcoin (WBTC) on the network. Analysts remain divided on the outlook, with some pointing to a potential move toward $200, while others expect a retracement to the $123–$135 range.

Technical Analysis Highlights

  • SOL declined 4.9% from $142.91 to $135.96, establishing a 7.08-point trading range.
  • The asset recovered to form a consolidation pattern between $140 and $142.
  • High-volume support appeared at $140.40 during the 13:00 hourBetween 14:32 and 14:37, SOL surged from $140.48 to $141.40.
  • Selling pressure pushed the price down to $140.32, then to a session low of $140.29.
  • A descending channel formed with lower highs and lower lowsResistance at $142.65 capped price action twice.
  • Concentrated selling volume occurred during the 15:10 candle, suggesting near-term bearish sentiment

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



Source link

June 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
Shiba Inu
Crypto Trends

65% Of Shiba Inu Holders Suffer Massive Losses As Curse Of June Takes Hold

by admin June 21, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With the crash in the Shiba Inu price over the last few weeks, hundreds of thousands of SHIB investors have seen their holdings plunge into the red. Presently, the majority of investors who have bought the Shiba Inu token are seeing losses on their holdings compared to those in profit. With the month of June known to be a particularly bearish one for SHIB, it is possible that even more investors will suffer losses before the month is over.

June Carries Bearish Prospects For Shiba Inu

The month of June has historically been bearish for the Shiba Inu price, and it seems that the year 2025 is not going to be any different. So far, the meme coin’s price is already down by more than 8% this month, suggesting that the month, with only less than 10 days left, is headed for another red close.

In the meme coin’s five-year history, June is the only month that has never seen a green close. As a result, it is the month with the highest negative returns for the meme coin in history. CryptoRank’s data shows an average of -13.8% returns for June and a -11.5% median return for the month.

With the passing of the years, it seems the losses for the month of June have only gotten worse. In June 2024, the meme coin crashed 32.3% to close the second quarter at a 44.3% loss. In fact, Q2 is also the worst quarter for the meme coin, with four out of the last five years closing in the red.

Source: CryptoRank

Given that established trends like this tend to repeat themselves, it is possible that the Shiba Inu price does continue to decline from here. The average returns for the month suggest a double-digit loss before the month is over.

SHIB Investors Suffer Massive Losses

According to data from the IntoTheBlock website, the number of Shiba Inu wallets that are nursing losses has skyrocketed. A total of 65% of all investors are currently in the red, putting them in the lead. In contrast, only 32% of investors are seeing any profit at this level, and 3% are sitting at breakeven, meaning the coins last moved around the price that the meme coin is currently trading at.

While the established trend suggests that the Shiba Inu price will continue to decline and push more investors into losses, the CoinCodex prediction suggests a change in the tide. The 5-day prediction sees an 8.8% rise to $0.00001278 in the new week.

Source: CoinCodex

On a longer timeframe, more specifically the 1-month prediction, Shiba Inu is expected to go even higher. It puts the meme coin as high as $0.00001496, which is a 27.35% increase from the current level.

SHIB price bounces from lows | Source: SHIBUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

June 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
Lending deposits on top DeFi protocols (Artemis)
NFT Gaming

Crypto Lenders Hold Nearly $60B of Assets as New Wave of DeFi Adoption Sweeps In: Report

by admin June 18, 2025



There’s a quiet transformation underway in decentralized finance (DeFi).

While DeFi’s previous bull market was driven by eye-watering—and dubious—yields and speculative frenzy, the current growth has been powered by the sector becoming a backend financial layer for user-facing apps and increasing institutional participation, according to a Wednesday report by analytics firm Artemis and on-chain yield platform Vaults.fyi.

The total value locked (TVL) on top DeFi lending protocols—including Aave, Euler, Spark and Morpho—has surged past $50 billion and approaching $60 billion, growing 60% over the past year, the report showed. This growth has been driven by rapid institutionalization and increasingly sophisticated risk management tools.

“These are not merely yield platforms; they are evolving into modular financial networks undergoing rapid institutionalization,” the authors said.

Lending deposits on top DeFi protocols (Artemis)

The ‘DeFi mullet’

One of the key trend recently the report highlighted is user-facing applications quietly embedding DeFi infrastructure in the backend to offer yield or loans. These features are abstracted away from users creating a more seamless experience, a trend often called the “DeFi mullet:” fintech front-end, DeFi backend, the report said.

Coinbase users, for instance, can borrow against their bitcoin

holdings powered by DeFi lender Morpho’s backend infrastructure. More than $300 million in loans have already originated via this integration as of this month, the report pointed out.

Bitget Wallet’s integration with lending protocol Aave offers a 5% yield on USDC and USDT holdings across chains without leaving the crypto wallet app. PayPal is also doing something similar with its PYUSD stablecoin, offering yields near 3.7% to PayPal and Venmo wallet users, albeit without the DeFi element.

The report said crypto-friendly fintech firms with large user bases, such as Robinhood or Revolut, may also adopt this strategy and offer services like stablecoin credit lines and asset-backed loans through DeFi markets, creating new fee-based revenue streams.

Tokenized RWAs in DeFi

Increasingly, DeFi protocols are introducing use cases for tokenized versions of traditional instruments such as U.S. Treasuries and credit funds, also known as real-world assets (RWA).

These tokenized assets can serve as collateral, earn yield directly or be bundled into more complex strategies.

Read more: Tokenized Apollo Credit Fund Makes DeFi Debut With Levered-Yield Strategy by Securitize, Gauntlet

Tokenization of investment strategies is also becoming popular. Pendle, a protocol that lets users split yield streams from principal, now manages over $4 billion in total value locked, much of it in tokenized stablecoin yield products.

Meanwhile, Ethena’s sUSDe and similar yield-bearing tokens have introduced products that deliver returns above 8% through strategies like cash-and-carry trades, all while abstracting away the operational burden for the end user.

Rise of on-chain asset managers

A less visible but critical trend highlighted in the report is the rise of crypto-native asset managers. Firms like Gauntlet, Re7 and Steakhouse Financial allocate capital across DeFi ecosystems using professionally managed strategies, resembling the role of traditional asset managers.

These players are deeply embedded in DeFi protocol governance, fine-tune risk parameters and deploy capital across a range of structured yield products, tokenized real-world assets (RWAs) and modular lending markets.

The report noted that the sector’s capital under management has grown fourfold since January—from $1 billion to over $4 billion.

Read more: Crypto for Advisors: DeFi Yields, the Revival



Source link

June 18, 2025 0 comments
0 FacebookTwitterPinterestEmail
Ripple and SEC Want to Keep Appeals on Hold
Crypto Trends

Ripple and SEC Want to Keep Appeals on Hold

by admin June 17, 2025


Ripple has filed a joint status report with the U.S. Securities and Exchange Commission (SEC) to the United States Court of Appeals for the Second Circuit, asking to keep the appeals on hold. 

This comes after the parties recently requested District Judge Analisa Torres to amend the final ruling. This could be a make-it-or-break motion for Ripple, considering that a rejection could possibly delay the settlement process. 

In April, as reported by U.Today, Ripple and the SEC filed a motion to hold the appeals in abeyance after reaching a settlement agreement. 

The SEC agreed to slash Ripple’s monetary penalty to $50 million while also asking the court to lift the injunctn that was imposed by Judge Torres in August to prevent the company from selling XRP tokens to institutional participants in the U.S. 

You Might Also Like

The regulator filed a notice of appeal under the leadership of former head Gary Gensler in early October. This was followed by Ripple’s own cross-appeal. 

Judge Torres has so far signalled that there is no compelling reason to justify amending the final ruling if the case were to be remanded to the district court. However, the parties recently cited “exceptional circumstances” in the recent high-stakes motion. 

The parties will move the court to dismiss the appeals if Judge Torres agrees to modify the final judgment. 

The SEC is set to file another status report by Aug. 15. 

In the meantime, pro-X lawyer John Deaton recently predicted that Judge Torres will not necessarily rush to amend the final judgment. 



Source link

June 17, 2025 0 comments
0 FacebookTwitterPinterestEmail
CoinDesk News Image
Crypto Trends

ETH Whales and Sharks Add 1.49M in 30 Days, Now Hold 27% of Total Ether Supply

by admin June 15, 2025



Ether (ETH)

traded at $2,508 on June 14, down 0.88% in the past 24 hours, yet managed to hold support above the $2,500 level despite shifting institutional dynamics.

According to crypto analytics platform Santiment, wallets holding between 1,000 and 100,000 ETH — referred to as whale and shark wallets — have added a net total of 1.49 million ETH over the past 30 days. This group increased its combined holdings by 3.72% and now controls 26.98% of the total ether supply.

Santiment noted that while smaller, retail-driven wallets have been taking profits, these large holders have steadily accumulated. The divergence in behavior highlights growing long-term conviction among ether’s key stakeholders, even as retail sentiment appears to be wavering following recent price declines.

At the same time, U.S.-listed spot Ethereum ETFs registered $2.2 million in net outflows on Friday, marking the end of a 19-day inflow streak. The reversal, as confirmed by data from Farside Investors, is the first sign of slowing institutional demand via these ETFs since late May.

Still, ether’s broader structure remains intact. Following a pullback from recent highs near $2,870, ETH continues to hold above a historically significant support zone near $2,500. The persistent accumulation by whale and shark wallets may provide an important floor for price, particularly if macro conditions stabilize and regulatory clarity improves.

Technical Analysis Highlights

  • Ether traded between $2,499.39 and $2,580.53 over the past 24 hours.
  • Price peaked near $2,580 in the early hours before entering a steady decline.
  • The token briefly dipped below $2,500 before bouncing to close near $2,518.76.
  • Late-session volume surged, particularly around 17:30–18:00 GMT, coinciding with the rebound.
  • Support appears to be forming around $2,500, a key psychological and technical level.
  • Despite modest losses, ETH maintained a narrow range of $81.14 (3.14%), showing relative stability

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



Source link

June 15, 2025 0 comments
0 FacebookTwitterPinterestEmail
Cookie price pulls back into major support zone but bullish structure remains intact
Crypto Trends

UMA price pumps 26.54%, critical support zone must hold or risk full retrace

by admin June 9, 2025



UMA surged 26.54% from a high-confluence support area, catching traders’ attention with a sharp bullish move. However, after rejecting from local resistance at $1.80, the focus now shifts to whether bulls can defend support for continuation—or risk a full retrace within a broader range.

After a strong and impulsive rally, UMA (UMA) has caught the attention of traders with a 26.54% move from support. This rally originated from a technically significant zone and marked a bullish shift in short-term momentum.

However, price has now encountered resistance at $1.80, and a rejection has already formed, leaving a wick that may signal early exhaustion. The question now becomes: can UMA sustain this bullish structure—or is this just a temporary bounce in a broader range-bound market?

Key technical points

  • Rejection at $1.80: Price met resistance and sold off, forming a rejection wick.
  • Key Support Zone at $1.60–$1.40: This zone includes a flipped order block and the local value area high.
  • Bullish Continuation Depends on Holding Support: If the zone holds, a move toward $2.55 becomes more probable.

UMAUSDT (1D) Chart, Source: TradingView

The recent rally originated from a well-defined demand zone, supported by strong confluence—previous structure support, high-volume interest, and a flipped order block. This move marked a short-term bullish shift, but the price stalled at $1.80, a historically significant resistance level.

A rejection wick formed at this level, suggesting profit-taking and early signs of bearish absorption. Since then, UMA has pulled back into the $1.60–$1.40 region, which now becomes a critical zone for the next directional move.

This region is not just a psychological support but also houses an order block that has flipped from supply to demand. In addition, the value area high is also situated here, giving extra weight to this zone. If price remains above this area and begins forming higher lows, bulls could look to target $2.55 as the next significant resistance.

However, failure to hold this support would invalidate the bullish thesis. A breakdown below $1.40 would likely lead to a full rotation back to the origin of the pump, indicating that UMA is still trading within a broader range defined by daily and monthly levels. In this case, the recent rally would be classified more as a deviation within a sideways structure rather than a breakout.

What to expect in the coming price action

All eyes are now on the $1.60–$1.40 support. If UMA can hold this zone, we could see continuation toward $2.55. If it breaks, expect a pullback to retest the lows of the range and re-enter accumulation.



Source link

June 9, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • 2

Categories

  • Crypto Trends (904)
  • Esports (686)
  • Game Reviews (636)
  • Game Updates (800)
  • GameFi Guides (899)
  • Gaming Gear (866)
  • NFT Gaming (880)
  • Product Reviews (854)
  • Uncategorized (1)

Recent Posts

  • CSGOEmpire owner Monarch loses $19M in the largest public poker game ever
  • Stargate price surges as Wormhole floats acquisition bid
  • In Full Bloom isn’t just about being a planet-devouring Sarlacc’s babysitter, it’s my brain on games showcase
  • The Rogue Prince of Persia is officially out for PC and consoles
  • PS5 gets a price hike in the US and none of the models are safe

Recent Posts

  • CSGOEmpire owner Monarch loses $19M in the largest public poker game ever

    August 20, 2025
  • Stargate price surges as Wormhole floats acquisition bid

    August 20, 2025
  • In Full Bloom isn’t just about being a planet-devouring Sarlacc’s babysitter, it’s my brain on games showcase

    August 20, 2025
  • The Rogue Prince of Persia is officially out for PC and consoles

    August 20, 2025
  • PS5 gets a price hike in the US and none of the models are safe

    August 20, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • CSGOEmpire owner Monarch loses $19M in the largest public poker game ever

    August 20, 2025
  • Stargate price surges as Wormhole floats acquisition bid

    August 20, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close