Crypto Technicals Remain Gloomy while Fundamentals Make Headways: What’s Next?


Crypto Technicals Remain Gloomy while Fundamentals Make Headways: What’s Next? : Here’s an overview of what’s been going down in the crypto world this week.

Bitcoin and other altcoins in top 100 saw a bit of a relief on Wednesday and Thursday, but our technical indicators suggest the bottom is yet to arrive. Taking Ripple’s XRP as an example, versus the USD, the price action on the daily chart shows the Double Top bearish reversal pattern is not yet completed. The pair has also broken below the Ichimoku cloud. The combination indicates we may see further drops towards the next key support level at 0.2636.

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Floyd Mayweather & DJ Khaled Settle with the SEC

In other news, professional boxer, Floyd Mayweather and music producer, DJ Khaled have got into trouble as the SEC has charged them for promoting ICOs without disclosing payments. They both pumped up Centra’s Initial Coin Offerings on Twitter, but they didn’t disclose that they received promotional payments to do so. I guess now that cryptocurrencies are making headways with regulators, we can expect to hear more stories like this, which will probably be good for the industry as a whole anyway because people will start to trust it more.

Fidelity to Expand its Institutional Crypto Asset to Top Five-Seven Cryptocurrencies

Talking about progress, Fidelity investment is reportedly looking to expand its institutional crypto asset platform beyond its current Bitcoin and Ethereum. On Thursday, they revealed at Block FS conference in New York in response to a question from CoinDesk, that they’re looking to add trading services for the top five to seven cryptocurrencies by market capitalization.

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You Can Now Pay Your Taxes in Crypto in Ohio

All this good news are on top of the fact that you can now pay your taxes using crypto in the state of Ohio in the U.S. So there we have it, a gloomy technical projection on the cryptocurrencies price action, paired with positive fundamentals. What are your thoughts on the future of the industry as a whole? If you’re on the bull camp, when do you think the real recovery will begin? Let me know in the comments, and subscribe to get more of my updates.

Marvell (MRVL) Stock: The Hidden AI Powerhouse Wall Street Keeps Underestimating

Marvell Technology (NASDAQ: MRVL) is quickly becoming one of the most important companies in the AI infrastructure space – even though many investors still aren’t sure what the business actually does.

While most headlines focus on Nvidia and its GPUs, Marvell builds the networking, optical, and custom silicon chips that help AI models move data faster and run more efficiently. In its latest earnings report, Marvell posted strong double-digit growth in its data center business and shared bold guidance for the next few years, sending MRVL stock higher.

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2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.

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Is Alphabet’s (GOOGL) About To Take the Lead In AI? Google’s Gemini 3.0 – And Berkshire Hathaway’s Surprise Bet – Could Be The Catalyst Wall Street Isn’t Ready For

After spending much of 2023 and early 2024 trying to shake off the “AI laggard” label, Alphabet (GOOGL) now looks closer than ever to taking the lead in artificial intelligence.

The company has pulled off one of the biggest turnarounds in tech – moving from being doubted to being viewed as a frontrunner for the next decade of AI.

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CrowdStrike Stock (CRWD): The Move No One Is Talking About But Everyone Should Watch

CrowdStrike is one of the biggest names in cybersecurity. They protect computers, cloud systems, and now even AI models. The company keeps growing fast, keeps making moves with giants like Nvidia and Google, and keeps expanding its platform into places most investors are not watching yet.

That is why this blog exists. There is a lot happening behind the scenes with CrowdStrike. Some of it is obvious. Some of it is quiet. Some of it could shape the future of the stock in bigger ways than the headlines show.

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Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

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Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.

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