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TronWeekly
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PEPE Price Prediction 2025: Can the Meme Coin Bounce Back After a 13% Weekly Drop?
- PEPE, the leading meme currency, is currently trading at $0.00001198, down 2.20% in the last 24 hours.
- Technical signals suggest consolidation within a tight range with potential for volatility expansion. Analysts project price growth in 2025, with predictions widely diverging on future valuations.
- PEPE technical analysis indicates potential for a price explosion, along with signs of trend reversal. MACD suggests the trend could reverse soon, and low volatility may present strategic entry opportunities.
- PEPE price predictions for 2025 vary widely, with estimates ranging from surpassing previous highs to more conservative figures. As the meme coin maintains its position, short-term and long-term perspectives remain uncertain.
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TronWeekly
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Litecoin’s Road to Recovery: Will $85 Support Hold and Push Prices Toward $109?
- Litecoin has broken out of a downward channel, indicating a trend reversal from the $85 demand zone.
- Litecoin may see a rally towards targets of $109.38 and $121.95 if bullish momentum continues.
- Price needs to maintain support between $84-$86 to sustain the upward trend; failure could lead to further declines.
- Analysts anticipate strong support at $85 for Litecoin, with a potential increase to $109.38 and $121.95 if trend remains positive.
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Coindoo
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SEC Holds Back SUI ETF Decision Amid Ongoing Scrutiny of Crypto Markets
- SEC delays decision on SUI ETF by financial firm Canary, signaling regulatory reluctance towards spot crypto ETFs due to concerns about market manipulation and investor protection.
- Canary's filing for a spot ETF based on SUI, a token for high-speed blockchain operations, generated interest in digital asset space, but the SEC's thorough review process may result in months-long delay for a final decision.
- Mixed reactions within the crypto community to SEC's cautious approach, with some fearing innovation slowdown while others acknowledge the need to address crypto's unique risks; SUI's price remains stable amid uncertainty.
- Regulatory challenges in integrating crypto into traditional financial framework highlighted by SEC's hesitation on spot ETFs, posing complexity and urgency for both institutional and retail investors seeking direct crypto exposure.
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TronWeekly
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Cardano Price Eyes $0.70 as Trump Reserve Rumor and ETF Deadline Shake Up $ADA
- Donald Trump's mention of a Cardano reserve and regulatory developments have influenced ADA's price and market sentiment.
- Nearly $1 billion worth of ADA has been moved off exchanges, indicating long-term accumulation and smart money behavior.
- Regulatory clarity on staking services and the upcoming ETF decision deadline have shifted the regulatory winds in Cardano's favor.
- Cardano has surpassed Ethereum in core developer commits and achieved a successful cross-chain transaction, positioning itself for global adoption.
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TronWeekly
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Support Still Holds Up for Cosmos (ATOM): Is a Surge About to Happen?
- Cosmos (ATOM) is holding above a symmetrical triangle, suggesting a potential bullish breakout.
- Breaking above the 50-day MA could lead to price targets at $5.10, $6.40, and $7.50.
- Analysts anticipate a surge in ATOM if it breaks through a descending resistance and stays above the support level.
- Momentum indicators are mixed, with RSI at 41.70 and a bearish crossover on MACD hinting at short-term instability.
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Bitcoinsensus
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Whale Buys $320M ETH—Possible Link To Consensys Raises Speculations
- A whale, potentially associated with Consensys, purchased $320 million worth of Ethereum (ETH) from Galaxy Digital, as per on-chain data from Arkham Intelligence.
- Approximately $120 million ETH was staked with Liquid Collective in a newly established wallet (0x0b2), indicating a trend towards institutional staking for maximizing yield and liquidity.
- Speculations arose regarding the purpose of the wallet—whether it belongs to Consensys' treasury, serves as an investment vehicle, or aims to enhance staking rewards amidst Ethereum's market changes.
- Institutional staking has been increasing post Ethereum's Pectra upgrade on May 7, enabling more flexibility and efficiency for large-scale investors, with analysts anticipating further Ethereum growth due to institutional interest.
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TronWeekly
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Whales Pour Billions Into Ethereum as Wyckoff Pattern Predicts $10K Surge
- Ethereum trading volumes surged since May 8, indicating renewed market interest.
- Large-scale whale accumulation observed amid positive ETH-BTC divergence.
- Wyckoff analysis suggests ETH nearing breakout, targeting $4K, with $10K in sight this cycle.
- Institutions, including BlackRock, reportedly accumulating ETH at a significant pace, fueling expectations of a $4,000 rally and a potential $10,000 target.
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TronWeekly
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The Number of Active Tron Addresses According to Moving Averages is Currently Its Highest
- There is a surge in the number of active addresses on Tron network, indicating increased user involvement.
- The rise in TRX price is attributed to the high number of user transactions, maintaining a balanced market.
- Technical indicators like RSI and MACD suggest a potential further increase in TRX price due to strong trading activity.
- According to CryptoQuant, the daily active addresses on Tron Network have reached a new record high based on moving averages, signifying continued momentum in user adoption.
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Coindoo
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Ripple CTO Says XRPL Will Power More Than Payments
- Ripple's CTO, Schwartz, elaborated that XRPL is evolving into a comprehensive financial ecosystem, supporting stablecoins, tokenized assets, loans, and DeFi functions.
- XRP holds a unique position within XRPL, being the only asset that any XRPL account can receive, operates without a counterparty, serves as the default liquidity path, and is used to pay transaction fees.
- XRPL prioritizes XRP through autobridging and pathfinding functions, making it integral to network trades and solidifying its core role in the infrastructure.
- As Ripple transitions from a cross-border payments provider to a full-stack financial platform, the XRPL, with assets like XRP and RLUSD, may soon offer traditional financial tools like lending, investing, and asset tokenization.
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Bitcoinist
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Russia’s War On Illegal Mining Heats Up With Bitcoin Raids
- A former electric-grid executive in Russia lost roughly ₽7 million (about $88,570) in Bitcoin after law enforcement agents seized his stash for running mining rigs at home.
- He allegedly stole over ₽3.5 million worth of electricity in 2024 to mine about 0.8414 BTC by bypassing a metering device.
- Investigators found the illegal connection to the employer's grid facilities, multiple mining rigs set up in his residence, and amounts of Bitcoin worth ₽7 million at the time of seizure.
- This case reflects Russia's crackdown on illegal crypto activity, where authorities are relying on existing laws to confiscate cryptocurrencies until a proposed draft law is passed to treat crypto assets as intangible property in criminal cases.
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TronWeekly
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Solana Partners With Dubai VARA Driving SOL Price Rebound and Growth
- Solana partners with Dubai's VARA to enhance blockchain innovation and regulatory collaboration in the MENA region.
- SOL price increased by 4% to approximately $156.64 post-partnership, showing renewed investor confidence and potential rise to $200.
- Analysts observe bullish technical signals for SOL, with expectations of reaching $200, supported by increased long-term holding of SOL tokens.
- Solana's partnership with VARA signifies a strategic move for global expansion, aligning with Dubai's progressive regulatory environment and nurturing blockchain talent in the region.
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TheNewsCrypto
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Ripple CTO Confirms XRP Ledger as Complete Financial System Beyond Just Payments
- Ripple CTO, David Schwartz, confirmed the development of a comprehensive financial system around the XRP Ledger, XRP token, and RLUSD stablecoin.
- The financial system framework consists of XRP as a medium of exchange, RLUSD as the unit of account, and XRPL as the decentralized payment infrastructure.
- Ripple aims to offer services like loans, investments, and payments through this evolving infrastructure, providing a potentially broader range of financial services.
- While XRPL supports various assets, XRP maintains its unique position within Ripple's ecosystem, serving distinct functions alongside other assets.
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TheNewsCrypto
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XRP Analyst Warns 99% of Investors May Soon Be Priced Out of 10,000 Token Target
- XRP community analyst Edoardo Farina warns that 99% of average investors may soon be priced out of affording 10,000 XRP tokens as the cryptocurrency's price is expected to surge following current levels.
- Currently, 10,000 XRP tokens cost $22,300, but Farina predicts they could reach $1 million if XRP hits the $100 price target, making it unaffordable for many.
- Farina draws parallels to Bitcoin's early days, where 10 BTC cost $11,000 but are now valued at $1.05 million, showcasing how cryptocurrency prices can shift from accessible to luxury assets.
- This trend emphasizes the importance of timing in cryptocurrency accumulation, with assets like XRP potentially transitioning from an investment opportunity to a luxury purchase beyond the reach of average investors.
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TheNewsCrypto
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Analyst Predicts Shiba Inu Could “Pump Like Crazy” Next Week at This Key Support
- Crypto analyst Whale.Guru identifies critical Shiba Inu support at $0.0000127 that has sparked previous rallies.
- Analyst targets $0.00004 level representing over 200% gain from current prices.
- Long-term holders increase by 0.94% while short-term traders decline across timeframes.
- Shiba Inu could potentially experience a bullish rally next week if key support levels continue holding, according to Whale.Guru's analysis.
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Crypto-News-Flash
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Binance Launches First Altcoin-Focused Liquidity Program for Spot Markets
- Binance has launched its first altcoin-focused liquidity program to address the liquidity gap for alternative coins market-making.
- The Altcoin LiquidityBoost Program will initially support 18 altcoins and provide incentives to liquidity providers through competitive fee structures and rebates.
- To qualify for the program, participants must submit quality liquidity-providing strategies and meet volume requirements for the altcoins.
- The announcement of the new liquidity program has led to bullish performance for altcoins like XRP and Binance Coin (BNB) amid a market downtrend.
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