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TronWeekly
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ETH Price Analysis: Can Ethereum Bounce Back from $2,450 or Fall to $2,100?
- Ethereum is currently trading at $2,527.51, facing short-term bearish pressure after breaking below key moving averages.
- Technical patterns suggest a potential bounce if support near $2,400 holds, but a deeper retracement could follow if the support zone is decisively breached.
- Regulatory clarity from the SEC regarding ETH protocol staking rules may attract significant institutional investment into Ethereum staking, potentially boosting Total Value Locked (TVL) and staking activity.
- Market projections for Ethereum in 2025 vary widely, with estimates ranging from bullish projections of surpassing $4,891.70 to more conservative forecasts suggesting an average price of around $3,137.54.
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Coindoo
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REX Shares Files Effective Prospectus for Solana and Ethereum Staking ETFs
- REX Shares has filed an effective prospectus for Solana and Ethereum staking ETFs, allowing them to sidestep rigorous processes for spot crypto ETFs.
- The ETFs, named REX-OSPREY™ ETH + STAKING ETF and REX-OSPREY™ SOL + STAKING ETF, will be listed on NASDAQ under tickers ISK for Ethereum and SSK for Solana.
- The funds will gain spot exposure through Cayman Islands-based subsidiaries to enable staking yields while navigating U.S. regulatory constraints.
- While this offers speed in market debut, there may be more efficient vehicles in the long term pending IRS guidance on grantor trusts supporting staking as well.
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Bitcoinsensus
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Solana Price Prediction: Can SOL Reach $300?
- Solana price is showing bullish potential on the weekly timeframe with a clean liquidity sweep and holding above a strong demand zone.
- On the daily timeframe, further downside is possible before potential continuation towards the $300 mark in the next few months.
- Lower timeframes present risky scalping setups with liquidity above the current price, requiring caution for traders.
- While potential scenarios suggest a bullish trend for Solana, it is important to remember that price movements are unpredictable and traders should react to market movements rather than predict with blind conviction.
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Coindoo
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Binance Futures Volume Hits $1.6T in May Amid Speculative Surge
- Binance's record-breaking performance in May 2025 was driven by a rising wave of speculative activity, aiding Bitcoin's bullish momentum.
- Binance achieved a record monthly futures trading volume of over $1.6 trillion in May, signaling increased market engagement and trader confidence.
- Despite its speculative nature, Binance maintains regulatory compliance, aligning with the EU's MiCA framework to enhance credibility with traders.
- While the surge in futures trading volume indicates heightened interest, there are risks associated with leverage-driven speculation that can lead to rapid liquidations and increased instability.
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TechBullion
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Dogecoin Hits $0.230, ADA TVL Doubles But Punisher Coin’s Token Burns Could Make it the Best Altcoin to Buy
- ADA and DOGE demonstrate real community activity and investor interest, indicating a shift in the market towards meaningful projects.
- Punisher Coin (PUN) stands out as a promising altcoin with a focus on real value, token burns, and community engagement missions, diverging from pure hype.
- $PUN's deflationary model aims to increase scarcity and value with each presale stage, making it an attractive investment option.
- The ongoing presale of $PUN, with 25 stages and limited token supply, incorporates weekly burns and buybacks to enhance scarcity and interest.
- $PUN offers Punisher Missions that reward participants with USDT and $PUN, fostering community engagement and creativity through challenges and rewards.
- Cardano (ADA) showcases strong momentum in April 2025, with increased network activity, rising DeFi traction, and a doubling TVL, indicating growing confidence in its ecosystem.
- The ADA market analysis highlights the impact of a flourishing DeFi ecosystem, rising network value, and positive macro factors propelling ADA's resurgence.
- Dogecoin (DOGE) experiences a price rally in May 2025, driven by heavy whale buys, technical patterns, and market sentiment, showcasing its resilience and investor appeal.
- Whale activity and trading volume play crucial roles in supporting DOGE's price rally, illustrating renewed confidence, strong buyer control, and potential for further growth.
- Overall, ADA's network growth and DOGE's price rally reflect the importance of real activity and investor interest in shaping the cryptocurrency market's dynamics.
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TronWeekly
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REX Shares Files Effective Prospectus for Solana, Ethereum Staking ETFs
- REX Shares has filed an effective prospectus for Solana (SOL) and Ethereum (ETH) staking ETFs in the United States, using a unique C-corporation structure to bypass usual ETF rules.
- The ETFs plan to stake at least 50% of holdings, responding to investor demand for regulated crypto staking yield products.
- SEC delays on Grayscale’s crypto ETFs have propelled REX Shares’ alternative legal approach, potentially setting a new market precedent.
- The innovative ETFs could launch within weeks, aiming to provide spot exposure to Ethereum and Solana through alternative legal routes, creating a potential new precedent for crypto ETF strategies in the U.S. market.
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99Bitcoins
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Africa Crypto News in Review: South Africa Court Backs Crypto, Kenya to Host Blockchain Conference, Blockchain.com In Nigeria
- A High Court in Gauteng, South Africa, rules that crypto is free from exchange controls.
- Kenya will host a crypto conference in June. Binance will be the main sponsor.
- Blockchain.com is setting up an office in Nigeria as part of a continent-wide expansion drive.
- South Africa High Court rules that cryptos are exempt from exchange control regulations.
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TronWeekly
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Ripple (XRP) News: HashKey Exchange Lists XRP for Professional Investors in Asia
- HashKey Exchange has introduced XRP/USD trading for professional investors in Asia, marking a significant expansion for the platform.
- XRP trading volume surged by 58% despite a 5% price drop, indicating increased market participation.
- Open interest in XRP futures dropped by 10%, signaling a cautious market sentiment.
- XRP is now available for spot trading on HashKey Exchange, exclusively for professional investors, with deposits, withdrawals, and trading functions live as of May 30.
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TheNewsCrypto
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Solana (SOL) on the Edge: More Pain Ahead After a 5% Drop?
- Solana (SOL) has dropped over 5%, currently trading in the $154 range.
- The Solana market has seen $36.44 million in SOL liquidations, reflecting bearish pressure.
- Bearish sentiment prevails in the crypto market, with Solana facing potential further downside correction.
- Key resistance levels between $153.77 and $159.54 will be crucial for Solana's recovery.
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TheNewsCrypto
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Bitcoin Drops to $103K and Altcoins Tumble; CRO Defies Trend
- Bitcoin price drops to a multi-week low of $103,000, marking a 1.59% decrease in the last 24 hours, leading to a decline in altcoins like ETH, XRP, DOGE, SOL, ADA, and more.
- Cronos (CRO) stands out by gaining over 17% and trading near $0.11, going against the market trend where Bitcoin touched $112,000 on May 22 but couldn't maintain the momentum.
- Altcoins ETH, XRP, DOGE, SOL, ADA, SUI, LINK, AVAX, and others experienced notable drops, with lower market cap altcoins like ENA, INJ, VIRTUAL, and PEPE dropping by double digits.
- The overall crypto market faced a loss of $200 billion in the last two days, currently standing at $3.360 trillion, with specific altcoins facing significant losses while Cronos (CRO) recorded substantial gains amidst the market turmoil.
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Coindoo
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Pi Network Pushes Gaming Integration with Launch of FruityPi App
- Pi Core Team introduces FruityPi, a game app showcasing integration with Pi Network products.
- The game aims to highlight how gaming can leverage Pi cryptocurrency, Pi Wallet, and Pi Ad Network.
- Developers are encouraged to integrate their projects and utilize Pi's tools for user engagement and monetization.
- Successful game developers within the ecosystem can apply for additional support through Pi Network Ventures.
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TronWeekly
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PEPE Sets Stage for Next Leg Higher Toward $0.00002236
- PEPE recently rallied from $0.00000900 to nearly $0.00001550 before entering a consolidation phase.
- The price is currently trading between $0.00001200 and $0.00001450, showing signs of market indecision.
- An ascending trendline supports the bullish outlook, with potential breakout targets at $0.00001810, $0.00002018, and $0.00002236.
- A move above $0.00001550 could trigger the next rally, while a drop below $0.00001200 may lead to a deeper pullback.
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TheNewsCrypto
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Cronos (CRO) Price Surges 15% Preparing To Break December 2024 High
- Cronos (CRO) price has surged by 15% following a recovery from its March low of $0.07, setting a strong support base for a potential trend reversal.
- Technical indicators for Cronos are turning bullish with RSI at 53.05, positive MACD momentum, and improving social sentiment at 0.2104.
- CRO reached a high of $0.23 in late November, corrected to $0.07 in March, and has since been gradually recovering. The current price is $0.1058, showing a 15% increase with high trading volume.
- The future outlook for Cronos indicates a potential uptrend if it breaks the resistance at $0.1238, aiming for $0.1322-$0.1400. Technical indicators like RSI, MACD, and social sentiment suggest a positive sentiment in the market for CRO's price movement.
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TronWeekly
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XRP Could Skyrocket If Bulls Defend $2.25 Reversal Zone
- XRP is currently struggling around the $2.15-$2.10 price range, risking a decline below $2.00 to the $1.80-$1.70 support zones.
- Falling below $2.10 may push Ripple down towards $1.07, with technical indicators suggesting a bearish trend if the $1.90 support level is breached.
- For a potential rally, XRP needs to hold daily closes above $2.25, and breaking past $2.50 could trigger a move towards $3.55 high.
- Analysts highlight the importance of the $2.25 support level, with $1.90 as the next major support barrier if $2.25 fails, signaling market stability concerns.
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Coindoo
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FTX’s $5B Stablecoin Repayment Could Fuel Market Activity, Say Coinbase Analysts
- FTX is repaying $5 billion to claimants using stablecoins, enabling immediate reinvestment flexibility.
- Payouts are managed through Kraken and BitGo over a three-day period, with varying recovery percentages for different creditor groups.
- Coinbase analysts suggest that this payout could lead to significant market activity shifts after the previous round did not boost sentiment.
- The current market conditions, including record highs for Bitcoin and increasing institutional interest, indicate that the repayment in stablecoins could facilitate capital flow back into crypto markets.
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