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Cryptocurrency News Articles
AVAX Price Flashes Downside Risk as Rising Wedge Pattern Breaks, $9 Target in Focus
Jan 02, 2026 at 10:30 am
Avalanche (AVAX) faces immediate downside risk after breaking a key wedge pattern, with analysts eyeing $9 amidst intensifying selling pressure.
Avalanche Hits a Rough Patch: The Rising Wedge Breakdown
Looks like Avalanche (AVAX) isn't starting 2026 with a bang, at least not the good kind. The digital asset, after hitting $13.687, has been showing signs of real weakness. On January 1, 2026, it not only rejected a previous support level but also decisively broke down from a classic rising wedge pattern. For those in the know, that's a signal pointing straight to a short-term bearish setup, with AVAX struggling near some pretty stubborn resistance zones.
This isn't just a minor blip; it suggests a continuation of a downtrend that’s got traders on edge. Price compression within those upward-sloping trendlines indicates that buyers are losing their oomph, and multiple rejections around the $13.47 mark are just screaming
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- HBO Max Reddit Account Hijacked for Crypto-Stealing Malware Attack: A New Wave of Sophisticated Scams
- Sep 17, 2026 at 12:05 pm
- A sophisticated malware campaign, dubbed PasteSwitch, leveraged the verified HBO Max Reddit account to distribute crypto-stealing malware, highlighting evolving threats to user accounts and digital assets.
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- House Committee Advances Strategic Bitcoin Reserve Bill, Shaping Future of Federal Crypto Holdings
- Sep 17, 2026 at 12:05 pm
- The House Financial Services Committee approved the American Reserve Modernization Act, moving the Strategic Bitcoin Reserve bill forward to establish federal Bitcoin and digital asset stockpiles.
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- Crypto Tax Bill: Digital Assets Face New Tax Rules, But Clarity Remains Elusive
- Sep 17, 2026 at 08:05 am
- The House advanced a crypto tax bill aiming to align digital asset tax rules with traditional finance, offering some relief but leaving key questions, especially for mining and staking, unresolved.
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- Bitcoin, Ether Brace for Continued Volatility as Fed's Unanimous Rate Hike Signals Hawkish Resolve
- Sep 17, 2026 at 07:55 am
- The Federal Reserve's unanimous quarter-point rate hike on September 16, 2026, sent Bitcoin and Ether swinging, as Chair Kevin Warsh doubled down on an inflation-first approach, setting the stage for ongoing crypto market recalibration.
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- MEV Bot Yoink's $7.8M Intervention: A Wild Ride in the Ethereum rsETH Exploit Saga
- Sep 17, 2026 at 07:45 am
- An MEV bot named Yoink recently front-ran a $7.8 million rsETH exploit on Ethereum, securing funds before a hacker could. This incident highlights the complex interplay of MEV bots, DeFi vulnerabilities, and the ongoing quest for blockchain security.
