Workflow
Cryptocurrency trading
icon
Search documents
Onyxcoin Holders Sold in Panic, But Technical Charts Show Breakout Potential
Yahoo Finance· 2026-02-01 22:22
Core Insights - Onyxcoin price has recently declined, raising concerns among short-term holders, but underlying signals suggest a potential accumulation opportunity rather than weakness [1][2] Investor Behavior - Investor sentiment has turned bearish, with exchange balances for Onyxcoin increasing by approximately 350 million XCN, valued at nearly $2 million, indicating growing sell intent [2] - A 12% decline in XCN price triggered panic among holders, leading many short-term participants to exit positions early, which added supply to the market and increased short-term volatility [3] Market Indicators - Despite visible selling, macro indicators like the MVRV Long/Short Difference are trending higher, suggesting improved conditions beneath the surface, as rising values indicate reduced profitability for short-term traders [4] - When short-term holders experience profit loss, selling pressure typically diminishes, leading to potential price stabilization and a clearer path for Onyxcoin's recovery once excess supply is absorbed [5] Price Analysis - Onyxcoin is currently trading near $0.0057, above the $0.0054 support level, which has held during recent volatility, and has formed a flag pattern that often signals continuation after consolidation [6] - The measured move from the flag pattern projects a potential 150% rally, targeting $0.0156 if the breakout fully develops, although this requires broader market support and sustained demand [7] - A more conservative outlook suggests that reclaiming $0.0077 would confirm bullish intent, with potential advancement toward $0.0095 and the psychological mark of $0.0100, which often triggers momentum-driven buying [8]
2 Important Changes Coming to Cryptocurrency Trading in 2026
Yahoo Finance· 2026-01-30 20:17
Group 1 - The cryptocurrency market has transitioned from a niche, loosely regulated space to a mainstream market with tighter regulations, leading to the rise of blue chip tokens like Bitcoin and Ether while many smaller meme coins have declined [1] - A new regulatory framework for the cryptocurrency market has been drafted by U.S. senators, which, if enacted, would clarify the classification of crypto tokens and shift regulatory authority to the Commodity Futures Trading Commission (CFTC) from the Securities and Exchange Commission (SEC), potentially attracting more retail and institutional investors [2] - There is an anticipated shift in investor interest from traditional cryptocurrencies to stablecoins and tokenized real-world assets, which could enhance market participation but may also divert attention from more speculative tokens [3]
Worldcoin (WLD) Price Crashes 21% But Here’s How Traders Profited From It
Yahoo Finance· 2026-01-30 10:30
Worldcoin experienced sharp volatility after a failed recovery attempt ended in a market-wide sell-off. Over the past 24 hours, WLD dropped 21%, tracking broader weakness across digital assets.  While most investors faced losses, some traders were positioned defensively. Their preparation allowed them to profit as price momentum reversed following the brief rally. Worldcoin Holders Accumulate The initial upswing in Worldcoin was driven by aggressive accumulation from holders. Over a three-day period, in ...
Tokenwell Adds Single-Coin Trading Capabilities and Expands Exchange Support
Accessnewswire· 2026-01-28 23:00
New trading features and Binance integration designed to give users more flexibility to trade single coins and manage assets across centralized exchanges. TORONTO, ON / ACCESS Newswire / January 28, 2026 / Tokenwell Platforms Inc. (CSE:TWEL)(OTCQB:TWELF)(FWB:Y920) ("Tokenwell" or the "Company") today announces the launch of new trading functionality within the Tokenwell app, including single-coin trading capabilities and expanded exchange support with the addition of Binance.This enhancement builds on To ...
Toobit and LALIGA Celebrate Partnership with $1M Super Match Carnival
Globenewswire· 2026-01-27 16:16
GEORGE TOWN, Cayman Islands, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Toobit, the award-winning global cryptocurrency exchange, today announces the launch of the Super Match Carnival. Running from January 26 to March 31, 2026, the Super Match Carnival transforms trading milestones into goals with a total prize pool of over $1,000,000. The campaign offers rewards including up to 150% cashback, trading bonuses, and LALIGA merchandise through two primary matches: Match 1: First step to victory – Immediate engagement ...
UBS Considers Offering Crypto Trading Through Private Bank
PYMNTS.com· 2026-01-23 20:05
Group 1: UBS's Cryptocurrency Strategy - UBS plans to begin offering cryptocurrency trading to meet the growing demand from wealthy clients [1] - The initial crypto offering will target select clients of UBS's private bank in Switzerland, with potential expansion to the United States and Asia-Pacific regions [2] - UBS is actively monitoring developments in digital assets and exploring initiatives that align with client needs and market trends [3] Group 2: Partnerships and Technological Developments - UBS has partnered with Ant International to explore blockchain-based tokenized deposits for global payments and liquidity management [3] - In November 2024, UBS completed a live tokenized fund transaction using Chainlink's Digital Transfer Agent standard, involving the UBS USD Money Market Investment Fund Token on Ethereum [4] - UBS announced the creation of UBS Digital Cash, a blockchain-based payment solution aimed at enhancing programmability for corporate and institutional clients [4] Group 3: Industry Context - JPMorganChase is also considering cryptocurrency trading for its institutional clients, evaluating potential products and services for its digital asset business [5] - E-Trade, part of Morgan Stanley, plans to add cryptocurrency trading to its platform by 2026, allowing clients to trade Bitcoin, Ether, and Solana [6]
American selling pressure bleeds Bitcoin
Yahoo Finance· 2026-01-19 23:58
When Bitcoin (BTC) last week surpassed the $97,000 price mark on Jan. 14, the crypto community hoped it would soon hit the much-awaited $100,000 mark. After all, U.S. spot exchange-traded funds (ETFs) linked to BTC had logged their largest daily inflows in three months on Jan. 14. As per the on-chain analytics platform SoSoValue, the figure hit $843.62 million on the day. Related: Why massive capital inflows could propel Bitcoin beyond $100,000 Earlier, spot Bitcoin ETFs in the U.S. witnessed a net inf ...
2 Outstanding Growth Stocks to Buy and Hold for a Decade
Yahoo Finance· 2026-01-12 11:50
Group 1: SoFi Technologies - SoFi Technologies is an online banking platform that reported strong growth in revenue, earnings, users, and assets last year, positioning itself as a leading digital bank [3][6] - The platform offers a user-friendly app with a variety of services, including high-yield savings accounts with average percentage yields (APYs) in the 3% to 4% range, significantly higher than the less than 1% offered by traditional banks [4] - SoFi's lack of physical retail locations allows it to save on overhead costs, enabling it to provide competitive services, including the reintroduction of cryptocurrency trading, appealing particularly to younger investors [5][6] - The company is expected to attract significant business as millennials and younger consumers accumulate wealth and seek modern banking services, leading to continued revenue and earnings growth [6] Group 2: Market Outlook - The overall market outlook suggests that major indexes are likely to be significantly higher in the next decade, with individual investors potentially achieving better returns by investing in companies with strong prospects like SoFi and Uber [1]
Why Robinhood Stock Skyrocketed 204% in 2025
Yahoo Finance· 2026-01-08 11:49
Core Insights - Robinhood Markets experienced a remarkable 204% increase in stock price in 2025, driven by significant growth and the introduction of new products, although caution is emerging for 2026 [1] Group 1: Company Growth and Product Expansion - Robinhood is diversifying beyond stock trading, now offering hundreds of cryptocurrencies and options, along with a premium membership program called Robinhood Gold, which provides various benefits [3][4] - The company reported impressive growth in 2025, with revenue doubling in Q3 and net income rising 271% year over year. Total platform assets surged 119% to $333 billion, funded accounts grew 10% to 26.8 million, and Gold members increased by 77% to 3.9 million [4] - In 2025, Robinhood launched several new products, including Robinhood Social and Robinhood Prediction Markets, and introduced features like multiple brokerage accounts and shorting, with management indicating more innovations are on the way [5] Group 2: Market Caution and Risks - Despite Robinhood's ongoing expansion, its stock has declined nearly 20% over the past three months, indicating market caution [6] - Investor concerns are heightened due to Robinhood's significant exposure to cryptocurrency, with Q3 revenue from cryptocurrency trading increasing over 300% year over year to $268 million, contributing to a total transaction revenue of $730 million. However, the decline in Bitcoin prices may adversely affect growth [7] - As trading remains Robinhood's core service, its growth is closely tied to overall market performance, suggesting that a market slowdown could impact the company's growth trajectory [8]
Korean Investors Cashed Out This Year, BOK Says: Global Implications
Yahoo Finance· 2025-12-23 23:46
Core Insights - The Bank of Korea's Financial Stability Report indicates a behavioral shift among Korean crypto investors from aggressive accumulation to strategic profit-taking, impacting global market dynamics [1] - Despite Bitcoin surpassing $100,000, Korean investors are cashing out rather than increasing their positions [1] Trading Activity - South Korea has a significant presence in global cryptocurrency markets, with Korean won trading pairs often ranking among the top two fiat currencies by volume [2] - The crypto turnover rate in Korea is 156.8%, higher than the global average of 111.6%, but the nature of trading has shifted towards profit-taking [3] Market Concentration - The top 10% of investors accounted for 91.2% of total trading volume from 2024 to June 2025, raising concerns about potential price manipulation [4] - The market is dominated by retail traders due to regulatory restrictions that limit corporate and foreign participation [5] Global Impact - Korean trading activity has historically influenced global markets, with exchanges like Upbit and Bithumb ranking high in volume during bull runs [6] - The current trend of profit-taking among Korean investors may be contributing to a slower pace in the 2025 rally compared to previous cycles, reducing buying pressure in global order books [7]