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Bitcoinist
1M
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Image Credit: Bitcoinist
Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert
- Financial commentator Gary Cardone accused XRP of siding with authoritarian powers to stay relevant amidst a rumor that the European Central Bank may use the XRP Ledger for its digital euro project.
- Gary Cardone criticized XRP and ECB President Christine Lagarde, likening XRP's role in global finance to a second wave of Covid-19 and implying support for XRP as voting for 'European warmongers.'
- Speculation persists around the ECB potentially utilizing the XRP Ledger for the digital euro, although no official confirmation has been made, and Ripple has engaged with other central banks for pilot programs.
- Crypto influencers refuted Cardone's claims, asserting there is no evidence of the ECB selecting XRP Ledger, highlighting the division within the crypto community regarding crypto projects collaborating with traditional financial institutions.
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TheNewsCrypto
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KAIA Breaks Out with 38% Rally: $0.216 in Sight as Momentum Builds
- KAIA token rallies 38% with significant volume increase, sparking real market interest.
- Technical indicators like RSI divergence, MACD crossover, and EMA compression signal a confirmed trend reversal.
- A break above $0.158 could pave the way for a rise to $0.216, potentially leading to a Golden Cross formation.
- The surge in KAIA price reached $0.1286, supported by a massive 1,750% increase in trading volume, hitting $122 million in 24 hours.
- The approaching $0.158 level and crossing above key resistances at $0.1148 and $0.1207 indicate buyer dominance.
- Momentum indicators like RSI at 85 and MACD signal overbought conditions, hinting at a potential price correction before an uptrend.
- KAIA price currently consolidates between $0.145 and $0.158, with a close above $0.158 setting the stage for a rally to $0.216.
- Support levels at $0.135 and $0.130 reinforce the bullish stance, with EMAs forming a bullish stack and a possible Golden Cross setup.
- Increasing volume, steady market internals, and tightening volatility suggest a forthcoming price expansion for KAIA.
- If resistance at $0.158–$0.168 is surpassed, KAIA's price could accelerate towards targets like $0.216 and $0.27.
- The news also mentions Uniswap's UNI token experiencing an 18% pump and potential resistance flipping for further gains.
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TheNewsCrypto
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After an 18% Pump, Can Uniswap (UNI) Flip Resistance Into Moon Mode?
- Uniswap (UNI) experienced an 18% surge in price, reaching $8, with a significant increase in daily trading volume by over 144%.
- The overall crypto market cap stands at $3.45 trillion, with major assets like Bitcoin at $109.5K and Ethereum at $2.7K witnessing positive movement.
- UNI broke key resistances at $7.46 and $8.53, currently trading at around $8.38 with a market cap of $5.26 billion.
- Uniswap's daily trading volume spiked to $1.18 billion, while $3.62 million worth of Uniswap liquidations were observed in the last 24 hours.
- UNI recorded a weekly gain of 24.88%, starting from a low of $5.86 and climbing towards the current trading levels.
- Uniswap's price direction suggests a potential retest of resistance at $8.41 or an upside towards $9, barring any bearish sentiment.
- Technical analysis indicates a bullish momentum, with the possibility of further price increases, as shown by the MACD crossover and CMF indicator.
- However, the asset's RSI at 77.35 suggests overbought conditions, potentially leading to a pullback, though currently, bulls are dominating as per the BBP value of 1.380.
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Hackernoon
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130
Image Credit: Hackernoon
What Are Realistic Targets and How to Forecast Top Altcoin Growth
- Altseason refers to a period when altcoins start outperforming Bitcoin, typically indicated by a drop in Bitcoin dominance.
- Setting realistic and achievable targets for top altcoins involves analyzing historical patterns and current market conditions.
- If Bitcoin's dominance drops to 40%, the altcoin market cap could reach $3.225 trillion, with potential price growth for top altcoins.
- Projected price growth for coins like ETH, XRP, BNB, SOL, DOGE, TRON, and ADA can range from 1.24x to 6.88x based on capital inflows.
- Expecting extreme gains like XRP reaching $20 requires massive capital and may not be realistic in the short term.
- Investors entering the market during altseason should manage expectations as most top coins may only grow moderately from their previous prices.
- BTC dominance dropping to 40% could lead to a temporary capital shift into altcoins, resulting in potential but not astronomical growth for top coins.
- Investors are advised to stay rational, do their research, and avoid overly optimistic expectations when predicting altcoin growth.
- Altseason should be viewed as a period of capital rotation, with potential for moderate to solid gains in top altcoins.
- It's essential to base investment decisions on realistic data and historical trends rather than relying on unrealistic projections.
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TronWeekly
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Image Credit: TronWeekly
SEC Fast Tracks Solana ETF Review for Potential July Approval
- The SEC is fast-tracking Solana ETF proposals, with potential approvals as early as July after requesting updated S-1 filings.
- Regulators are considering allowing staking within Solana ETFs, a move that could significantly benefit investors.
- Bloomberg analysts estimate a high likelihood (90%) of Solana ETF approval in 2025, similar to expectations for a Litecoin ETF.
- Grayscale and other asset management firms are in discussions with the SEC for offering Solana ETFs, with Grayscale leading the push.
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TronWeekly
1M
364
Image Credit: TronWeekly
SEC Set to Decide on Solana ETF: Will It Open the Door for Institutional Investment?
- The SEC is expected to decide on a Solana ETF approval by July, with a final decision anticipated by October pending review of updated filings.
- Solana ETF issuers are required to submit revised filings addressing in-kind redemptions and staking integration for SEC assessment.
- Companies like Grayscale, VanEck, and Fidelity are gearing up to launch Solana ETFs, showcasing growing institutional interest in digital assets.
- Approval of a Solana ETF could pave the way for increased institutional investment in digital assets and integration into the traditional financial system.
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Newsbtc
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331
Image Credit: Newsbtc
Tron Booms With Fresh $1B in USDT, Yet Lending TVL Nosedives, What’s Next?
- Tron's price has surged by approximately 3.9% in the past 24 hours, reaching $0.294, but it remains below its all-time high of $0.43.
- A significant event occurred on the Tron blockchain with the minting of $1 billion in USDT, indicating increased liquidity and potential market demand.
- The minting of USDT on Tron suggests growing market demand for stablecoins and potential institutional activity or preparations for OTC trades.
- On the other hand, there has been a notable decrease of nearly $2 billion in the total value locked (TVL) within lending protocols on Tron, despite the rising price of TRX, leading to divergent trends and posing questions for investors.
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TronWeekly
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Image Credit: TronWeekly
Ethereum Surges Above $2,800 After Strong Support Rebound
- Ethereum surged above $2,800 after bouncing back from the $2,483 support zone.
- High open interest exceeding $40 billion indicates increased volatility risks ahead.
- Bulls are facing key resistance levels at $2,850–$2,880; a breakout could lead to a rally towards $2,920.
- Ethereum's technical outlook is bullish, with strong support near $2,750 and resistance levels to watch at $2,820, $2,850, and $2,880.
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TronWeekly
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Image Credit: TronWeekly
Pump.fun Sends 132K SOL to Kraken in Recent Selloff
- Pump.fun transferred 132,180 SOL (~$20.87M) to Kraken in its biweekly selloff trend, surpassing $303M in 2024 withdrawals.
- Despite earning over $400M in SOL, less than $1M has been redistributed to the community, raising concerns about sustainability and ecosystem support.
- Only 0.81% of tokens from Pump.fun transition to DEXs, indicating declining success rates amid speculation of a potential Pump.fun token launch.
- While dominating Solana network activity, Pump.fun faces criticism for redistributing only a small portion of its profits back to the community, sparking uncertainties about its long-term sustainability.
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Bitcoinsensus
1M
85
Image Credit: Bitcoinsensus
DOGE Eyes Breakout After Bullish Crossover — But Will $0.20 Hold?
- Dogecoin has surged back towards the $0.20 mark, currently trading at $0.1950, up by 0.24%.
- After a sharp drop on June 5th, DOGE has returned to the $0.20 range, leading to a consolidation phase.
- Short-term market movements and key price zones between $0.188 and $0.20 will heavily influence DOGE's next moves.
- Indicators like RSI, A/D line, and moving averages suggest potential bullish momentum for Dogecoin, but confirmation and market sentiment will play crucial roles.
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TronWeekly
1M
2.5k
Image Credit: TronWeekly
Bakkt Approves Digital Asset Allocations in New Treasury Strategy
- Bakkt Holdings has updated its corporate investment policy to include Bitcoin and other top digital assets.
- The company plans to allocate a portion of its treasury to support long-term value with disciplined financial strategies.
- Bakkt aims to strengthen its capital structure by adding Bitcoin and other leading cryptocurrencies to its treasury.
- The company's global expansion of its treasury strategy involves evaluating jurisdictions and focusing on stablecoins and digital remittance tools.
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Coindoo
1M
75
Image Credit: Coindoo
Chainlink and Ethereum Defy Market Stagnation with Robust Development Activity
- Chainlink and Ethereum have shown breakout performance in the market, attributed to their strong development teams.
- Data from Santiment highlights significant development activity, with Chainlink's LINK token ranking second in notable GitHub events, and Ethereum's ETH securing the eighth position.
- The chart shows a surge in development activity for both Ethereum and Chainlink, indicating a consistent commitment to technological advancements.
- The continuous innovation and strong development activity of Chainlink and Ethereum position them as leaders in the DeFi and blockchain industries, reflecting their fundamental value and potential for future growth.
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Newsbtc
1M
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Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims
- Crypto entrepreneur Edoardo Farina believes owning more than 10,000 XRP has become a luxury few can afford, causing many to sell to cover basic expenses.
- Less than 4% of the 6.55 million XRP wallets hold at least 10,000 XRP, highlighting the concentration of wealth among a small group.
- Farina warns that rising inflation is pressuring small holders to sell off their XRP to meet daily needs, transforming XRP from a luxury to a struggle for survival.
- He advises holders to seek new income streams instead of selling off their XRP, emphasizing the importance of rethinking how they earn amidst growing concerns over the widening gap between small and large holders.
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TronWeekly
1M
161
Image Credit: TronWeekly
Pi Coin Price Prediction 2025: Is a Massive Bull Run Brewing at $0.6395?
- Pi Coin is showing early signs of recovery after facing extended bearish pressure, with technical indicators suggesting a possible trend reversal and low volatility.
- Analysts forecast a potential long-term price surge for Pi Coin, contingent on market developments. The current trading price is $0.6395, indicating a 1.29% increase over the past 24 hours with a rise in trading volume.
- Crypto market analysts observe signs of Pi Coin potentially bottoming out, with deeply oversold RSI at 13.95 and early accumulation behavior seen on the chart.
- Pi Coin's price prediction for 2025 indicates a potential rise to over $107.98 by the end of the year, with Changelly experts highlighting strong potential post its mainnet launch, but cautioning about minimal profits in a bear market scenario.
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Blockonomi
1M
331
Image Credit: Blockonomi
Is This the Altcoin Season Start? Gold Resistance Sparks Crypto Market Optimism
- Gold's failure to break resistance near $3,365 could trigger an altcoin rally.
- Bitcoin dominance entering the reversion zone suggests a possible altcoin cycle shift.
- Analysts anticipate a major altcoin surge between September and December 2025.
- Accumulation during low sentiment may offer upside as trends align into late 2025.
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