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Altcoins News
TronWeekly
4w
125
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DOGE Nears $0.213 Resistance: Will the Meme Coin Spark the Next Rally?
- DOGE is trading at $0.2030, showing a 6.21% daily gain and a 5.65% weekly increase.
- The cryptocurrency has reached the 100% Fibonacci extension level, a crucial technical resistance area.
- A breakout above the $0.213 resistance level could signal a trend reversal and ignite a significant rally.
- DOGE's positive trajectory is influenced by the overall market sentiment shifting from bearish to bullish, driven by Bitcoin's resistance at $111k.
- Traders and investors anticipate a strong move above the $0.213 resistance level to signify recovery from recent volatility.
- At present, DOGE has a trading volume of $1.59B and a market cap of $30.38B.
- The crypto analyst noted that DOGE hitting the 100% Fibonacci extension level is a critical point, historically posing resistance to many altcoins.
- Breaking decisively above $0.213 with strong volume and follow-through could mark a genuine bullish trend.
- DOGE's breakout beyond the 100% extension could generate additional momentum in the meme coin space, reflecting retail interest and speculative demand.
- Traders are closely watching if DOGE can surpass $0.213 and maintain this level, indicating a change in sentiment.
- A successful break above $0.213 may lead to a larger upward movement, reshaping DOGE's position in the evolving altcoin landscape.
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TronWeekly
4w
259
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Solana’s Slowdown: Is This Cooling Period the Calm Before a Big Storm?
- Solana is experiencing a slowdown in trading volume, sparking speculation about a potential market surge.
- Analysts suggest the decrease in volume could be part of a natural market cycle, hinting at a larger movement.
- The possible approval of a Solana Spot ETF could lead to a significant price increase soon.
- On-chain indicators indicate a cooling period for Solana, with a notable reduction in both spot and futures trading volumes.
- The cooling market is evident in bubble charts tracking trading volumes on exchanges, with the spot volume declining while the futures volume remains relatively unchanged.
- Experts view the reduced trading volumes as a signal of slowing momentum, but it could also signify accumulation before a potential market upsurge.
- Bloomberg analyst James Seyffart hints at a potential approval of a Solana Spot ETF, which could boost trading volumes and price, generating optimism among investors.
- Despite the current decline in trading volume, Solana remains attractive to investors, with some viewing the slowdown as a precursor to significant market movements.
- The approval of the Solana Spot ETF is expected to act as a market catalyst, potentially leading to notable shifts in price and market activity.
- Investors are advised to monitor developments related to the Solana Spot ETF as it could initiate significant market movements.
- While Solana appears to be in a cooling-off phase, the looming approval of the Spot ETF hints at the potential for a major breakout in the near future.
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Crypto-News-Flash
4w
62
Image Credit: Crypto-News-Flash
XRP Chart Shows Weak Momentum with Early Bearish Signals
- XRP is showing early bearish signals with a lower high pattern and low trading volume, indicating potential bearish continuation.
- Although XRP's chart pressure is not as severe as Bitcoin's, there are concerns raised by analysts.
- XRP's trading volume is quiet, signaling a potential trend continuation without resistance.
- There has been a formation of lower highs and a recent full red candle on XRP's chart.
- Despite rising derivatives volume, falling open interest suggests traders are closing positions and losing confidence.
- XRP's derivatives trading volume has increased, but open interest has decreased, hinting at market hesitation.
- An increase in XRP options volume may indicate traders preparing for potential volatility.
- The ratio of long to short positions for the XRP/USDT pair on exchanges like Binance is high, indicating potential risks.
- Transaction volume on the XRP Ledger network has surged, but the price of XRP has corrected.
- Some analysts project a potential breakout above $2.33 for XRP, but caution is advised due to weak volume and technical patterns.
- Analysts suggest a major correction may be necessary for XRP to move higher in the future.
- XRP's current price stands at about $2.26.
- Master Ananda advises caution and suggests waiting for potential developments.
- In summary, XRP faces challenges with bearish signals, low volume, and potential market uncertainties.
- The overall sentiment for XRP is cautious with analysts recommending a wait-and-see approach for future price movements.
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Blockonomi
4w
107
Image Credit: Blockonomi
Bitcoin Price Update: $108K Breakout In Sight as RSI Hints at Final Bull Phase and Altcoin Surge
- Bitcoin retests the range high near $108K, crucial for confirming bullish continuation.
- Analysts predict Bitcoin's breakout or breakdown from the current range will define June's trend.
- The monthly RSI enters the overbought zone, indicating the peak phase of the bull run.
- Expectations for altcoin rotation and volatility if Bitcoin surpasses resistance levels.
- BTC price faces a retest near $108,386, a key level for maintaining the uptrend.
- Failure to hold above this level may lead to a pullback towards $99,638 or lower near $89,250.
- A move above the current monthly high could signal further upward momentum through June.
- Geopolitical tension and macro events continue to influence market sentiment.
- The monthly RSI for Bitcoin nearing overbought territory indicates the final phase of the bull cycle.
- During this stage, altcoins might outperform Bitcoin as capital rotates within the market.
- Traders expect significant volatility and potential new highs in the coming months.
- Despite short-term fluctuations, Bitcoin hovers around critical resistance levels.
- External factors play a crucial role in shaping BTC's future direction.
- Analysts closely monitor global developments and investor behavior for market clues.
- June is seen as a pivotal month where BTC movements could dictate the next major trend.
- The article covers Bitcoin's price retesting, RSI signals, and expectations for altcoin surge amid potential breakout.
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99Bitcoins
4w
304
Is Resolv Rally Just Getting Started? US Senate Approves GENIUS Act
- RESOLV, currently up 84% from all-time lows, sees a rally following the launch of the USR stablecoin and the US Senate's approval of the GENIUS Act.
- The timely launch of the algorithmic stablecoin could drive RESOLV prices higher amid positive regulations and increasing demand for stablecoins.
- Despite a slight dip, RESOLV prices remain within the bullish trend initiated on June 10.
- Technically, traders might consider entry points above $0.28, with a potential surge if the price closes above $0.42 with rising volume.
- Resolv's offerings, including a yield-bearing stablecoin and innovative protocols, have garnered attention and momentum in the crypto market.
- Resolv's recent listing on Binance Alpha has increased demand and trading volume significantly.
- Over 1 million RESOLV tokens have been distributed to stakers, with additional distribution planned, offering a 69% APR yield.
- The passage of the GENIUS Act in the US Senate, potentially mainstreaming crypto and benefiting DeFi projects like Resolv, has been a major driver for the project.
- If approved, the Act could classify yield-generating stablecoins as securities subject to SEC regulation, impacting their accessibility and integration in decentralized finance.
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TronWeekly
4w
107
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TRON Sets New USDT Stablecoin Transfer Record at $691B
- TRON network has set a new record in USDT transactions, reaching $691 billion, leading the global stablecoin transfer volume.
- In May, 27 whale wallets were involved in transferring $411 billion USDT in just 491 transactions on TRON.
- TRON dominates the USDT supply, surpassing Ethereum and other blockchain networks.
- CryptoQuant analyst Maarten shared data displaying a surge in USDT activity on TRON, with $694.5 billion transferred in May.
- Large investors have been actively involved, with 27 whales accounting for over half of the USDT volume on TRON.
- More than 10.5 billion transactions have been executed on TRON since 2018, with a rising trend, especially related to USDT usage.
- TRON boasts the largest market capitalization of stablecoin USDT compared to other chains, with 75.7 billion USDT.
- The stablecoin dominance of TRON is evident with $71.4 billion on Ethereum and $54.1 billion on other chains, as per recent data.
- There have been 17 mints of over $1 billion USDT on TRON this year, indicating a significant shift in crypto use.
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TronWeekly
4w
1.2k
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Massive Win for ADA: Cardano Officially Joins Nasdaq’s Elite Crypto Index
- Cardano's ADA has officially joined the Nasdaq Crypto Index, alongside Bitcoin and Ethereum.
- Hashdex ETF plans to rebalance holdings pending SEC rule update approval.
- ADA's institutional recognition boosts its standing in regulated finance.
- Cardano's addition to the Nasdaq Crypto Index was confirmed by TapTools and Nasdaq filings.
- ADA, Solana, Ripple, and Stellar join the index, expanding it to nine digital assets.
- Institutional priorities now include regulatory readiness, custody solutions, and trading infrastructure.
- ADA's inclusion structurally impacts the index, reducing BTC and ETH weights while introducing new assets.
- Rebalancing won't occur until SEC approves changes, expected by early 2026.
- The Hashdex Nasdaq Crypto ETF, catering to institutional exposure, rebalances quarterly.
- Regulatory delays limit the ETF to BTC and ETH holdings for now.
- Cardano's inclusion signifies progress in ADA's integration into regulated finance.
- ADA's listing enhances liquidity and market support for the Cardano network.
- The move reflects a deeper connection between blockchain technology and institutional capital.
- Cardano's inclusion in the index signifies its transition to an established part of the financial infrastructure.
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TheNewsCrypto
4w
49
SPX6900 Surges Past $1.63 Resistance and Eyes $2 Milestone
- SPX6900 breaks above $1.63 resistance after months of consolidation, gaining over 500% from March lows of $0.26.
- A golden cross with 50-day EMA crossing above 200-day EMA indicates a potential long-term uptrend ahead.
- SPX6900 shows technical strength in the meme coin market with a potential major breakout.
- SPX has recovered significantly from its March lows and is currently trading at $1.603.
- SPX has substantial trading volume at $106.94 million, indicating strong buyer presence.
- Bullish indicators like the MACD, Awesome Oscillator, and RSI suggest positive momentum and a potentially overbought market.
- High volume during the breakout suggests genuine demand supporting the price movement.
- Breaking the $1.63 resistance opens up the possibility to reach the $2 milestone and beyond.
- Traders should be cautious of the overbought RSI level and potential profit-taking pressures.
- Highlighted crypto news today involves a financial adviser caught in a crypto scam and banned for a decade.
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TronWeekly
4w
174
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Cardano Price Prediction: Key Resistance at $0.74 Could Spark Next Rally
- Cardano (ADA) is showing a bullish trend, trading at $0.7216 with a 3.57% increase from recent lows near $0.62.
- ADA is currently challenging key resistance levels between $0.7314 and $0.7384, hinting at a potential breakout.
- Technical indicators like Bollinger Bands and 9-period DEMA point to increasing buying pressure and volatility.
- Strong support near $0.6193 is holding firm, with a double-bottom pattern suggesting buyer strength.
- A breakout above the resistance at $0.74 could trigger the next rally for Cardano.
- The Bollinger Bands show a trading range between $0.6958 and $0.7384, indicating upward pressure.
- A close above the 9-period DEMA at $0.7257 could confirm ongoing buying interest.
- The resistance zone between $0.7314 and $0.7384 is crucial, with a breakthrough signaling a market structure shift.
- If ADA breaches this zone, it may target higher levels around $0.78 to $0.80.
- On the downside, strong support at $0.6193 reinforces the bullish bias and indicates active buyer participation.
- A potential double-bottom pattern near $0.62 further supports the positive outlook for Cardano.
- A break above $0.74 would be a bullish sign for ADA, while a rejection might lead to a pullback towards $0.69 or $0.66.
- Traders should monitor volume confirmation on any move beyond the resistance levels.
- Overall, Cardano's technical setup hints at a potential rally if it surpasses the key resistance at $0.74.
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TronWeekly
4w
170
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Algorand (ALGO) Forms Higher Lows, Prepares for Possible Upward Trend
- Algorand (ALGO) trades at $0.2088, showing stability after bouncing from strong support near $0.177.
- Price moved above the Bollinger Band midline ($0.19946), indicating potential momentum.
- Key resistance is at the 9-period DEMA around $0.20935; a close above could enhance gains.
- ALGO remains in consolidation until decisively breaking above $0.209.
- Current price of ALGO is $0.2088, marking a slight 0.06% increase in the last 24 hours.
- After facing downward pressure, ALGO seems to be stabilizing, hinting at a shift from bearish to neutral/bullish sentiment.
- Bulls appear to be gaining control as ALGO rebounds from strong support near $0.177.
- ALGO has crossed above the Bollinger Band midline at $0.19946, suggesting momentum build-up as volatility decreases.
- A key indicator is the 9-period DEMA at $0.20935, acting as dynamic resistance; closing above may strengthen the bullish case.
- Resistance levels are at $0.20910 and $0.21380, with support around $0.18512, $0.17736, and $0.17000.
- ALGO is forming higher lows, indicating a momentum shift towards buyers, but strong resistance areas suggest lingering selling pressure.
- Confirmation above $0.209 is crucial for a trend reversal, with ALGO currently in a consolidation phase.
- A breakout or further downside movement is possible until a clear trend direction is established.
- Algorand is at a critical juncture, with signs of recovery but requiring confirmation for a definitive trend change.
- Recent data shows Ethereum leading in inflows while Bitcoin experiences outflows.
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TronWeekly
4w
192
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XRP to Disrupt Global Finance Taking 14% of SWIFT Market by 2030
- Ripple CEO Brad Garlinghouse predicts XRP may capture 14% of SWIFT market share by 2030, offering faster, cheaper cross-border payments.
- XRP provides near-instant, low-cost transactions in contrast to SWIFT's slower, costlier system.
- Legal clarity for XRP is near following a prolonged SEC battle, potentially paving the way for broader institutional adoption.
- Garlinghouse envisions XRP claiming a significant portion of the global financial ecosystem, aiming to reshape international payments.
- XRP, currently the fourth-largest cryptocurrency with a $136 billion market cap, could play a larger role in global finance according to Garlinghouse.
- Ripple aims to challenge SWIFT, known for inefficiencies in cross-border transactions, by offering faster settlement times and lower costs.
- Ripple's strategy focuses on liquidity over messaging, aiming to own the movement of value across borders to drive XRP adoption.
- Despite ambitious projections for XRP's market share, SWIFT's entrenched position poses a significant challenge for Ripple.
- XRP has faced legal challenges, including an SEC lawsuit alleging it was an unregistered security, but potential legal clarity may be on the horizon.
- XRP's current trading price is $2.29, with a long-term narrative gaining momentum as Ripple seeks to revolutionize global finance.
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Coindoo
4w
438
Image Credit: Coindoo
XRP Nears Major Cross: Will It Signal Breakout or Breakdown?
- An analyst suggests a major cross for XRP is imminent, potentially signaling a breakout or a pause in momentum.
- The chart outlines three long-term XRP price cycles dating back to 2014, with numbered patterns indicating sharp moves followed by consolidation and breakouts.
- Cycle 3 is currently underway, with anticipation building for the upcoming cross expected in September 2025.
- White circles historically precede price rallies, while red circles indicate consolidation or local tops.
- The community is eagerly awaiting to see whether a red or white signal will appear next, influencing XRP's direction.
- EGRAG plans to provide further insights on this prediction in an upcoming subscriber release, calling it the most insightful cross prediction in XRP history.
- This potential inflection point could offer valuable clues for XRP holders and technical traders to position themselves ahead of the next major move.
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TheNewsCrypto
4w
44
After the Dip, Will Fartcoin Step Up for a Moonshot?
- Fartcoin is currently trading around $1.35, with a daily trading volume increase of over 46%.
- The overall crypto market cap has decreased by 1.79% to $3.39 trillion, with major assets like Bitcoin and Ethereum registering losses.
- In the last 24 hours, Fartcoin saw a spike of over 1.45% and a market cap of $1.35 billion.
- Over the past week, Fartcoin has gained more than 54.31%, reaching a high of $1.48 from a low of $0.86.
- Technical analysis suggests a bearish momentum for Fartcoin as the MACD line crossed below the signal line, although CMF shows moderate bullish pressure.
- The asset's price trajectory indicates a potential drop to $1.28 support and a death cross formation if it falls further.
- Bulls gaining momentum could push the price towards resistances at $1.38 and $1.45, with a golden cross supporting an extended rally.
- Fartcoin's RSI at 58.05 and BBP of 0.0274 suggest a neutral-to-bullish market sentiment with potential for further gains.
- In other news, GameStop announces a massive treasury shift with a $1.75 billion convertible notes offering.
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Coindoo
4w
85
Image Credit: Coindoo
Treasury Secretary Bessent: USD Stablecoin Market Could Surpass $2 Trillion by 2028
- Treasury Secretary Bessent predicts the USD stablecoin market could reach over $2 trillion by 2028.
- Bessent supported estimates linked to the GENIUS Act, aimed at regulating and expanding the U.S. stablecoin ecosystem.
- He stated that government-backed stablecoin legislation could enhance the global use of the U.S. dollar through stablecoins.
- Bessent believes $2 trillion is a feasible milestone for the stablecoin market, anticipating potential surpassing of this mark.
- Stablecoins are viewed as a strategic financial tool to strengthen the international presence of the U.S. dollar.
- The Treasury Secretary highlighted historical instances where new mechanisms preserved the U.S. dollar's reserve currency status.
- He emphasized the Trump administration's support for U.S.-backed stablecoins to secure and expand the dollar's global significance.
- With increasing digital currency demand worldwide, regulated stablecoins could advance the dollar's influence.
- Bessent sees stablecoins as a modern evolution in maintaining the U.S. dollar's dominance as a reserve currency.
- Bitcoin aims for $120,000 amidst potential historic breakout signals in altcoins.
- Stablecoins backed by U.S. treasuries are perceived as a means to protect and extend the dollar's status in the global market.
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Coinpedia
1M
40
Image Credit: Coinpedia
Ripple News Today: XRP Price Drops Despite VivoPower’s $100M XRP Deployment
- Nasdaq-listed VivoPower International plans to deploy $100 million worth of XRP tokens through the Flare blockchain to generate yield.
- VivoPower becomes one of the first public companies to use XRP for treasury operations.
- VivoPower will also utilize Ripple’s upcoming USD stablecoin for treasury management.
- Flare provides a DeFi platform enabling XRP holders to earn yield, appealing to institutional investors.
- Partnership between Flare and Ripple announced on social media strengthens use cases for XRP and Flare network.
- XRP's price dropped over 2% in the last 24 hours as it moves within a pattern of climbing then pulling back.
- XRP's price behavior suggests a potential rise followed by a drop, with $2.40 as a key resistance level.
- A rejection at $2.40 could lead to a drop back to $1.86 where XRP has found support previously.
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