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Coindoo

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21Shares Files for SUI ETF With Nasdaq

  • 21Shares has filed for an ETF proposal directly tied to the Sui blockchain's native token, potentially joining major crypto assets like Bitcoin and Ethereum in the ETF market.
  • The proposal was submitted by Nasdaq's Senior Associate General Counsel Sun Kim via Form 19b-4, marking an initial step toward potential approval by the SEC.
  • If approved, the 21Shares SUI ETF would provide investors with indirect exposure to SUI through traditional financial markets, boosting mainstream awareness of the Sui network.
  • This filing reflects the growing institutional interest in diversifying investments beyond Bitcoin and Ethereum into next-gen blockchain platforms, amidst a wave of recent ETF momentum in the crypto space.

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TronWeekly

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XRP Has No Issuer? Ripple CTO’s Statement Sparks Massive Debate

  • Ripple CTO stated that XRP has no issuer and all tokens were created at the ledger’s launch, emphasizing its decentralized nature.
  • Conor McGregor sparked debate by questioning the inclusion of XRP, ADA, and Solana in the US crypto reserve list.
  • The Ripple CTO addressed concerns regarding XRP's decentralization, highlighting its unique architecture and independence from Ripple.
  • The discussions around XRP, Bitcoin's decentralization, and the expanding reserve list have reignited debates within the crypto community and brought attention to blockchain governance.

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Bitcoinsensus

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Pi Network Price: Is $1 the Next Target?

  • Pi Network price followed the last liquidity map almost perfectly and liquidity is now forming both above and below, indicating a potential upcoming sweep.
  • While $1 remains a possible target for Pi Network price, the structure must align for a clean setup to reach this level.
  • Understanding liquidity is essential as it influences price movements, trapping traders who chase the market without a clear setup.
  • The current chart suggests that something significant is brewing in the Pi Network price, with possible scenarios of triggering panic, grabbing stop losses, and potential bounce opportunities.

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TheNewsCrypto

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Analyst Identifies Multi-Year Triangle Pattern for Dogecoin with $3.08 Breakout Target

  • Analyst Akbar Karimzsfeh has identified a long-term consolidation pattern for Dogecoin, spanning from its 2021 all-time high to the present.
  • The symmetrical triangle formation on Dogecoin's chart began after its decline from the peak, with multiple unsuccessful attempts to break below the lower boundary.
  • Key resistance at $0.49160 and a cup formation indicate a potential breakthrough for Dogecoin, with a breakout above the critical level essential for sustained upward movement.
  • The analyst's conservative approach advises a 'wait and watch' stance until a confirmed breakout above the top of the yellow pattern, with a potential target of $3.08 if the breakout materializes.

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TronWeekly

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WIF Eyes $1.4 Target Amid Strong Weekly Momentum Gains

  • WIF trades at $1.13 with high volume, targeting $1.2, $1.3, and $1.4 in the short term.
  • WIF shows a 19.18% weekly gain, indicating strong bullish momentum and rising investor confidence.
  • A symmetrical triangle breakout on the WIF chart suggests a continued bullish trend toward Fibonacci-based price targets.
  • WIF buy zones at $1.11 and $1.05 offer strategic entry before a potential breakout rally.

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TheNewsCrypto

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Crypto Investor Sets XRP Buy Target at This Key Entry Zone

  • Crypto angel investor Dennis Liu is waiting for a 20-23% decline in XRP/BTC ratio before making his first purchase of XRP at a target entry zone between 0.000017-0.000019 BTC ratio levels.
  • XRP has gained 12.54% year-to-date but struggles to break above the $2.50 resistance level for a sustained rally, prompting Liu to wait for better positioning.
  • Liu's analysis focuses on XRP/BTC trading pair ratio, with plans to buy if the ratio drops to the preferred range, anticipating significant rallies similar to Ethereum and Solana in the past.
  • Fundamental developments such as SEC lawsuit settlement, CME futures trading, Canadian spot ETF launch, and pending U.S. ETF filing, along with Ripple's RLUSD stablecoin gaining traction, are viewed positively for XRP by Liu.

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TheNewsCrypto

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What Needs to Happen for XRP to Reach $15 and Beyond, and How One Altcoin Rival Has a Clearer Path to Get There

  • XRP is poised to potentially reach $15 and beyond but faces challenges like regulatory issues and market recovery requirements including the approval of a spot XRP ETF and resolution of the SEC lawsuit.
  • Rexas Finance (RXS) emerges as a promising altcoin rival with a focus on real-world asset tokenization, strong fundamentals, and substantial investor interest.
  • Rexas Finance aims to democratize investment opportunities by allowing fractional ownership of high-value assets through digital tokens, garnering significant funding and attention.
  • The project is set to launch officially in 2025, with analysts projecting a price surge potentially reaching $25 per token, offering early investors a substantial return on investment.
  • Unlike XRP, which faces hurdles for price surges, Rexas Finance has already established credibility with audits, listings on major platforms, and a diverse ecosystem supporting tokenized assets.
  • Investors are encouraged to consider Rexas Finance due to its innovative approach, successful presale, and potential for exponential growth amidst evolving financial landscapes.
  • XRP's journey towards $15 involves overcoming various obstacles, while Rexas Finance presents a clearer path to significant gains with its disruptive asset tokenization model and market momentum.
  • For those seeking forward-looking investment opportunities, Rexas Finance may present a compelling alternative to established cryptocurrencies like XRP, highlighting new avenues for potential returns.
  • Investors interested in Rexas Finance can explore further information on the project's website, participate in giveaways, access the whitepaper, and engage with the community through social media channels.
  • It is essential for investors to conduct thorough research and make informed decisions, considering the risks and opportunities associated with both XRP and emerging altcoins like Rexas Finance.

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Newsbtc

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Here’s Why Hyperliquid Hit New ATH At $39 And Why It Could Continue

  • Hyperliquid's HYPE token hit new all-time highs at $39 amidst growing popularity as a leading decentralized finance exchange for perpetual trading.
  • The rise in Hyperliquid's price has been driven by increased attention and trading volume on the platform, with notable trades attracting significant interest.
  • Hyperliquid recorded its highest weekly trading volume of $78.672 billion and its highest daily trading volume of $17.731 billion, indicating significant activity on the platform.
  • The platform also celebrated a new all-time high in open interest, with $10.1 billion, and generated significant fees, showcasing continued bullish momentum for the HYPE token.

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99Bitcoins

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Is Jupiter (JUP) DEX On Solana Ready For a 100% Surge After Key Breakout?

  • Jupiter (JUP) DEX on Solana is trending and could surge 100%, retesting 2024 highs and rewarding token holders.
  • Solana has proven its strength over the past three years, rising in prominence and hosting top cryptocurrencies.
  • Jupiter enables traders to find the best token prices within its ecosystem, distinguished by standout projects like Raydium and Orca.
  • Jupiter's expansion with Jupiter Lend and Universal Send feature aims to solidify its DeFi presence and drive crypto adoption.

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TronWeekly

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PEPE Is Showing a “Powerful Double Bottom, Revival Signs Appearing: Analyst

  • PEPE is showing a possible bullish reversal with a strong double bottom formation.
  • The best time to enter a trade for PEPE is when the price hits 0.618 of a Fibonacci level.
  • Experts predict that PEPE's price could reach highs of $0.00001872 and $0.00002745.
  • Recent analysis indicates that PEPE is experiencing an increase in bullish signals and may see accelerated growth in the near future.

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TronWeekly

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Pi Coin Sees 2M Tokens Move to Exchanges Amid Sell-Off Concerns

  • 2 million Pi Coin tokens were moved to exchanges, raising concerns about a potential sell-off.
  • Pi Coin price currently sits at $0.7416, a 53% decrease from this month's high of $3.
  • Investors are transferring tokens from personal wallets to exchanges, potentially indicating a significant market activity.
  • On-chain data shows considerable token movements to exchanges, particularly to OKX, Bitget, and Gate.

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Newsbtc

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Ethereum Above $2,500: Here’s Why Analysts Think $3,000 May Be Next

  • Ethereum is trading above $2,500 despite a slight pullback from its recent high above $2,700.
  • Analysts note that Ethereum's momentum appears more subdued compared to Bitcoin's recent surge, leading to questions about its current position in the market.
  • Retail interest in Ethereum has been low, signaling that the rally may still be in its early stages and potential upside remains unpriced by the market.
  • Technical analysts are optimistic about Ethereum, with key resistance turned into support and indications of a move towards $3,000 if Ethereum holds above the $2,400 level.

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Cryptopotato

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These 5 Altcoins Are Poised for Massive Gains, Says Analyst

  • Analyst Rekt Fencer predicts a generational altcoin opportunity with potential for massive gains, citing key on-chain signals and shifting capital flows.
  • Rekt Fencer's analysis is based on the uptick in stablecoin supply indicating readiness to invest in riskier assets, a decrease in Bitcoin's dominance, and Ethereum's ETH/BTC ratio rebounding to historical alt rally setups.
  • Highlighted altcoins for potential gains include Grass (GRASS), Pendle (PENDLE), Ondo (ONDO), Ethena (ENA), and Sei (SEI) due to their performance and market prospects within the DeFi space.
  • These altcoins have shown varied price movements in the short and long term, with potential for significant growth if market sentiment turns favorable for altcoins.

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TheNewsCrypto

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Uniswap (UNI) Eyes New Highs: Is the Bullish Trend Here to Stay?

  • Uniswap (UNI) recently saw a surge in daily trading volume by 82%, registering a gain of over 4.21% in the past 24 hours.
  • UNI's price has gained by over 11.50% in the last seven days, with a bullish rally pushing it to a high of $6.72.
  • Uniswap's trading window shows active bullish momentum, aiming to test initial resistance at $6.72 and potentially moving towards $7.
  • Technical analysis indicators like MACD and CMF suggest a positive price trajectory for Uniswap, while RSI and BBP show moderate bullish momentum in the market.

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TheNewsCrypto

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CAKE Price Pops 11% as DEX Volume Skyrockets and PancakeSwap Infinity Goes Live

  • PancakeSwap trading volume spiked to $2.2B, lifting CAKE by 11% in one day.
  • Analysts see a possible breakout above $2.74, with a short-term target of $3.33.
  • CAKE, the native token of PancakeSwap, surged 11% in 24 hours, driven by a spike in trading volume, making PancakeSwap the top DEX in volume ahead of Uniswap.
  • The launch of PancakeSwap Infinity has brought new DeFi features, with CAKE trading comfortably above major moving averages, signaling bullish control and potential upside to $3.33.

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