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Altcoins News
TronWeekly
4h
331
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SUI Price Analysis: Breaks Out from Descending Wedge, 2x Rally Expected Soon
- SUI is maintaining its bullish momentum, surging nearly 18% over the past week.
- SUI is holding strong above its support level and preparing for huge upward movement.
- Technical indicators, including RSI at 64.49, suggest continued bullish activity, though a short-term retracement remains possible.
- SUI has recently broken out from a descending broadening wedge, signaling the potential for a strong 2x upward move.
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Newsbtc
5h
102
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Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms
- Retail sentiment toward Ethereum (ETH) remains weak, but analysts suggest that a significant breakout could be on the horizon.
- Weak retail sentiment may present a buying opportunity for institutional investors, positioning them for the next bullish cycle.
- Potential catalysts for a breakout include the approval of an Ethereum ETF and the upcoming Pectra update.
- On-chain indicators and technical patterns indicate that Ethereum might be nearing the end of its bearish cycle.
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TronWeekly
5h
765
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The GHIBLI Effect: AI Art Drives $28M Crypto Boom
- GHIBLI-inspired meme coins, fueled by AI-generated Studio Ghibli images, have surged in popularity, with the namesake meme coin reaching a $21M market cap. Influencers like Sam Altman and Elon Musk indirectly boosted the token, which is now aiming for a $100M market cap.
- These meme coins have flooded the market, with 'ghiblification' being the largest one so far, with a $21 million market cap. The surge is driven by the popularity of Studio Ghibli and the nostalgic cartoon trend.
- The token's active community support and volume suggest potential for future growth, with hopes to reach a $100M market cap.
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Bitcoinist
7h
66
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Dogecoin Cup And Handle Pattern Signals Recovery To $0.4, Here’s How
- An analyst suggests that Dogecoin is still in the cup phase of a cup and handle pattern.
- The current analysis argues that Dogecoin remains in the cup phase, with no confirmed handle formation.
- Price holding above key moving averages supports the idea of gradual accumulation during the bottoming process.
- A move towards $0.4 could serve as part of the final uptrend in the cup structure.
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Newsbtc
8h
254
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Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally
- Rekt Capital, an influential analyst, suggests that an altcoin rally may occur if the altcoin market cap secures a weekly close above $250 billion.
- A breakout rally towards the $315 billion level could be expected if the $250 billion level is surpassed, indicating the bottom for altcoins has potentially been established.
- The ongoing correction in the altcoin market is relatively shallow, indicating a growing market maturity among altcoins and a potential stronger push from bulls.
- The possibility of a breakout is further supported by the weakening resistance at the $425 billion altcoin market cap.
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15 Likes
Bitcoinsensus
9h
117
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SEC Dismisses Cases Against Kraken, Consensys, and Cumberland
- The SEC dismissed lawsuits against Kraken, Consensys, and Cumberland, reflecting a shift toward a less enforcement-heavy approach to regulating the crypto industry under the new administration.
- Kraken was accused of operating as an unregistered securities exchange and offering unregistered securities, with the case against it now dismissed with prejudice.
- Consensys and Cumberland faced allegations related to unregistered activities; the SEC’s dismissals signal evolving priorities and a reevaluation of its regulatory strategy.
- The dismissals indicate the SEC's intention to reform and renew its regulatory approach to the crypto industry, fostering innovation while ensuring investor protection.
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Bitcoinist
11h
10
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Dogecoin Price Prediction: Here’s What Needs To Happen For DOGE To Recover Above $0.3
- Dogecoin has been struggling to regain its upward momentum after trading within a clear downtrend.
- A breakout above the $0.25 resistance level is crucial for establishing a bullish trend.
- If the support level at $0.16 is not held, the bullish scenario may be invalidated.
- Analysts predict that if DOGE crosses its previous resistance levels, it could reach up to $0.484.
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Coinpedia
1h
66
Image Credit: Coinpedia
Chainlink Price Crash Ignites Crypto Liquidation Tsunami—Whale Activity Spikes!
- Chainlink, a large-cap altcoin, experienced a price drop of nearly 6 percent in the past 24 hours.
- Chainlink price is expected to retest the lower border of a rising channel, around $13, in the coming weeks.
- Chainlink network has seen increased social dominance and institutional investor adoption.
- Long-term holders of Chainlink now have an all-time high balance of about 438.33 million coins.
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4 Likes
Coindoo
2h
315
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XRP Set to Surpass the Two Biggest Cryptocurrencies, Analyst Forecasts Major Price Surge
- XRP's regulatory clarity, including the recent ruling declaring it not a security, positions it for growth.
- XRP's potential inclusion in the U.S. Digital Asset Stockpile and the anticipated approval of XRP ETFs create a positive outlook for the token.
- Market expert Nate Geraci predicts an 87% probability of XRP ETF approval within the year.
- XRP's recent price action indicates a bullish rectangle pattern, and it is forecasted to potentially reach $11 in a breakout.
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18 Likes
Coinpedia
2h
251
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Hyperliquid Faces FTX 2.0 Fears After JELLY Token Crash and Liquidation Blunder
- The crypto derivatives platform Hyperliquid is implementing risk management measures after a liquidation event involving the JELLY token.
- Users holding long JELLY positions at settlement will be compensated $0.037555, while flagged accounts are not eligible for refunds.
- The liquidation incident was triggered by a self-trade of 4 million USDC in JELLY at a low price, resulting in losses to Hyperliquid.
- Hyperliquid is making changes to its risk management system to prevent similar incidents, including tightening control over its Liquidator vault and adjusting trading limits based on market size.
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15 Likes
Coindoo
3h
219
Image Credit: Coindoo
Crypto Trader Scores Massive Profit on New Token
- A crypto trader acquired 10.4 million GHIBLI tokens for just $1,140 and stands to profit $224,000.
- The trader has not sold any of the tokens and also contributed 7.28 million GHIBLI to liquidity pools.
- GHIBLI token gained attention after the release of a new version of ChatGPT.
- Binance has added GHIBLI to its Binance Alpha pre-listing pool for altcoins.
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13 Likes
TronWeekly
5h
477
Image Credit: TronWeekly
Silk Road Founder Ross Ulbricht Teases New Marketplace After Ebay Snub
- Ross Ulbricht, founder of Silk Road, hints at launching a new e-commerce platform after facing rejection from Ebay.
- Ulbricht experienced delays in verification while trying to sell personal items on Ebay, suspecting it was due to his past involvement with Silk Road.
- Ulbricht suggests developing his own online marketplace after failing to get accepted by Ebay.
- Crypto community offers support and experts reach out to help Ulbricht with building a new platform.
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6 Likes
Coindoo
10h
135
Image Credit: Coindoo
Tether Launches New Stablecoin on Optimism’s Superchain, Boosting DeFi Potential
- Tether has launched a new stablecoin, USDT0, on Optimism's Superchain.
- The integration of USDT0 into the Superchain aims to enhance interoperability and boost growth in decentralized finance (DeFi).
- The Superchain is widely adopted by companies like Coinbase, Kraken, Uniswap, and even major corporations like Sony.
- USDT0 is designed as an omnichain version of Tether's USDT stablecoin, ensuring stability and reliability in the Ethereum scaling solutions ecosystem.
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Coindoo
11h
82
Image Credit: Coindoo
2025-2030 Price Prediction for XRP From Bitwise Amid SEC Case Conclusion
- Bitwise, a $12 billion asset management firm, has released a detailed price forecast for XRP through 2025 and beyond.
- Bitwise offers three potential scenarios: maximum price, bull, and bear.
- In the maximum price scenario, XRP could reach $4.48 in 2025, climbing to $29.32 by 2030, based on XRP capturing a significant share of the payment and tokenization markets.
- In the bull scenario, XRP is predicted to rise to $12.68 in 2030, while the bear scenario suggests XRP closing at $0.13 by 2030.
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4 Likes
TronWeekly
12h
209
Image Credit: TronWeekly
Upbit Suspension Frozen by Court, Crypto Giant Back in Action
- A South Korean court has temporarily halted a regulatory suspension imposed on Upbit, allowing the crypto exchange to resume new user registrations.
- The Financial Intelligence Unit accused Upbit of conducting transactions with unregistered foreign crypto service providers.
- The court granted an injunction that allows Upbit to continue operations until authorities make their final determination.
- Bithumb, another South Korean crypto exchange, is being investigated for misusing company resources during a real estate deal.
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