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Altcoins News
TronWeekly
2h
178
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ArbitrumDAO Approves 35M ARB for STEP 2 with Franklin Templeton, Spiko, WisdomTree
- ArbitrumDAO has allocated 35M ARB for the Stable Treasury Endowment Program (STEP) towards tokenized U.S. treasuries with institutional partners Franklin Templeton, Spiko, and WisdomTree.
- The allocation breakdown includes 35% each to Franklin Templeton’s FOBXX (BENJI) and Spiko’s USTBL, with the remaining 30% assigned to WisdomTree’s WTGXX after a thorough evaluation process.
- The move signifies a significant step for Arbitrum in merging cryptocurrency and traditional finance, with industry experts viewing it as a noteworthy milestone for the crypto sector.
- Arbitrum's STEP program aims to expand its treasury with tokenized real-world assets like U.S. Treasuries, showing promising outcomes with approximately $700,000 in yield from initial investments.
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TronWeekly
3h
202
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Avalanche’s Bullish Outlook: AVAX Targets $50+ as Key Resistance Shifts
- Avalanche's AVAX has surged over 13% in 24 hours, signaling a bullish trend after rebounding from a key trendline.
- Analysts predict a potential breakout above the $25–$30 resistance, with price targets reaching as high as $129.90.
- Strategic moves like ETF filings and board expansions showcase Avalanche's increasing institutional presence.
- AVAX is currently trading at $22.14 with a 13.15% increase in the last 24 hours, drawing interest from technical analysts and institutional investors.
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Newsbtc
4h
44
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Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains
- Ethereum is currently experiencing a state of uncertainty as retail investors are selling ETH while large investors are accumulating, indicating a tug-of-war situation.
- Short-term indicators show weakness and indecision, while long-term metrics suggest resilience and strength for Ethereum.
- Mean exchange inflows have increased, signaling sell pressure from retail traders, while exchange outflows are predominantly from whale wallets, implying accumulation by high-net-worth individuals.
- Despite the potential for a bullish trend reversal with technical indicators like a golden cross on the daily chart, uncertainty remains as machine learning algorithm CoinCodex predicts a possible crash for ETH.
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TronWeekly
4h
6
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Ethereum Price Skyrockets 20% After Historic US-UK Trade Breakthrough
- Ethereum surged over 20% to cross the $2,000 mark after the announcement of a US-UK trade deal.
- ETH's open interest reached $25 billion, indicating growing institutional interest and confidence.
- Ethereum is targeting the $2,550 resistance level, but short-term technical indicators suggest a potential cooldown amidst volatility.
- ETH's rally was predicted by the Capriole Macro Index, reflecting the increasing relevance of data-driven tools in trading. Institutional investors are acquiring ETH, with open interest rising and exchange reserves decreasing.
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TronWeekly
5h
6
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Ripple Finally Settles $50M With SEC as XRP Soars 8%; Is $3 the Next Milestone?
- Ripple and the SEC settled their legal battle with a $50 million agreement.
- XRP surged above $2.17 after the settlement news, with predictions of reaching $3 if momentum continues.
- Ripple will pay $50 million to settle the case, bringing relief to the XRP community.
- The settlement marks the end of a major legal battle in crypto history and may lead to increased use of digital assets in banking.
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Bitcoinsensus
2h
265
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SUI Price Analysis: What’s Next for SUI
- SUI price analysis indicates the possibility of untapped liquidity above the current price, hinting at a potential target in the coming days.
- The daily supply zone has already shown a reaction, suggesting that the price is consolidating before its next significant move.
- While a bullish push higher is anticipated, the price remains unpredictable, with both bullish and bearish outcomes still plausible.
- Recent developments in the SUI price, including equal highs and reactions at supply zones, indicate potential for further movements, with the market showing signs of building energy for future price action.
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99Bitcoins
3h
104
Sol Strategies Crypto Blockchain Pivot: Tokenized Stocks Are About to Blow Up
- Sol Strategies is pivoting into blockchain by tokenizing its shares on Solana's fast crypto network, aiming to make its shares more accessible, liquid, and tradable.
- The move by Sol Strategies to issue tokens representing common shares can unlock real-time trading and global reach, redefining how investors engage with traditional equities.
- Sol Strategies plans to become the FIRST public company to bring registered shares on Solana through the Opening Bell platform, showcasing the growing trend of digitalizing real-world assets.
- Tokenized stocks, like those planned by Sol Strategies, promise lower costs, faster settlements, and wider access compared to traditional systems, attracting institutional and retail investors and driving global crypto adoption.
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Coinpedia
3h
286
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Here’s What’s Next for PEPE Price Rally After a 40% Rally; Will it Reach $0.00002 in May?
- Pepe price experienced a significant rise following a bullish trend in the crypto markets triggered by Bitcoin breaking above $100K.
- Pepe's price surged by over 40%, outperforming other popular memecoins like Dogecoin and Shiba Inu, indicating a potential for further increase.
- Memecoin mania is on the rise, with various meme coins including Pepe, BOOK OF MEME, Fartcoin, Mog Coin, FLOKI, and ApeCoin witnessing substantial gains.
- Technical analysis suggests that Pepe's price may reach new all-time highs, with potential targets at $0.00001712 and $0.00002118 before aiming for around $0.00006 in the coming weeks.
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Bitcoinsensus
4h
233
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PEPE Price Prediction: Bullish Momentum Ahead?
- PEPE broke a key bearish daily structure, confirming a bullish shift and reacting to a daily supply zone.
- Short-term pullback is possible, but momentum favors continued upside depending on the current reaction.
- PEPE price broke the daily supply zone to clear the way for a new high, following a classic market move to sweep liquidity.
- The market is currently pushing into a daily supply zone where sell orders tend to accumulate, indicating a potential short-term reaction before further price action.
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TronWeekly
4h
57
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SUI Price Analysis: Bullish Trend Targets $4.65 and Beyond
- SUI confirms a bullish reversal with a breakout from an inverse head and shoulders pattern, indicating growing investor confidence.
- Technical indicators suggest sustained upward momentum if current support holds, attracting traders and institutional attention.
- SUI is trading at $3.95, with a 24-hour trading volume of $2.91B and a market capitalization of $13.2B, showing a 21.46% increase in the past 24 hours.
- Prominent crypto analyst Emma highlights that SUI is poised to break the $4.65 mark with a bullish trend, suggesting potential for further upside momentum.
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TheNewsCrypto
4h
3
Cardano Risk Model Suggests ADA Bull Market Has Not Yet Started Despite Recent Uptick
- Cardano's price rebounded from a low of $0.64 on May 6 and surged to around $0.72 by May 8.
- A custom risk model shows Cardano at a 'Moderate Buy' level of 37, signaling a potential entry point.
- On-chain metrics indicate a 11.99% increase in active addresses, reflecting growing network activity for Cardano.
- While short-term gains hint at positive momentum, the risk model suggests that Cardano's true bull market cycle may still be in its early stages.
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Coindoo
4h
34
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Whales Load Up on XRP as Market Momentum Builds
- Whales are increasing their XRP holdings as the market momentum rises, with the price stabilizing around $2.14.
- Over 300,000 wallets now hold more than 10,000 XRP, showing a rise in large-scale holdings, especially those with holdings between 100 million and 1 billion XRP.
- Whales are positioning themselves ahead of potential market developments like XRP futures ETFs launch and discussions about XRP's role in institutional portfolios.
- This accumulation trend by whales suggests strategic moves in anticipation of future demand and price appreciation, making XRP a token to watch in the coming months amid the broader cryptocurrency market's recovery.
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TheNewsCrypto
5h
223
9% Jump: Is This the Start of a SUI Super Rally?
- SUI has experienced a significant 9% jump, trading steadily around $3.93 with a surge in 24-hour volume by over 77%.
- The crypto market cap has seen a solid increase of over 5.43%, reaching $3.22 trillion, with the market sentiment leaning towards greed.
- SUI shows a strong bullish momentum with indicators like MACD line crossing above the signal line and CMF indicator pointing to strong buying pressure.
- Potential price targets for SUI include hitting $4 and possibly $4.13, but a decline could test support at $3.72, indicating a crucial price point.
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Newsbtc
5h
285
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Ethereum Blasts Past $1,900 as On-Chain Signals Point to Institutional Buying
- Ethereum has surged past $1,900 amidst renewed upward momentum in the cryptocurrency market.
- On-chain signals and market developments indicate growing investor interest and liquidity activity in Ethereum.
- Exchange outflows and stablecoin minting suggest institutional buying, reducing sell-side liquidity and supporting upward price movements.
- Increased capital inflows and reduced exchange reserves create favorable conditions for continued Ethereum price appreciation.
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TheNewsCrypto
5h
123
Dogecoin Set to Surge? Analyst Spots Key Buying Opportunity Before $0.30 Target
- Dogecoin has shown signs of recovery after hitting $0.165 on May 6, with a current price of $0.19.
- Crypto analyst Ali Martinez sees a buying opportunity for Dogecoin, with potential to rebound by 66% to $0.30.
- An ascending trendline support since October 2024 has been stable, suggesting a possible drop to $0.14 before bouncing back.
- Analysts have differing opinions on Dogecoin's medium-term trend, with price targets ranging from $0.30 to $0.65.
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