A naukri.com initiative
Altcoins News
99Bitcoins
5d
233
NYSE Imposes Short Sale Restriction on GameStop as Short Interest Surges 234%
- The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop (GME) as the stock experiences a surge of 234% in short-selling activity.
- GameStop's short sales volume soared by 234% in 24 hours, reaching 30.85 million shares sold short.
- The NYSE SSR rule is triggered when a stock declines by more than 10% from its previous day's close. GameStop's stock plunged 22% during the trading session.
- GameStop recently announced a $1.3 billion convertible notes offering and a Bitcoin investment plan, sparking both interest and skepticism among investors.
Read Full Article
14 Likes
99Bitcoins
5d
213
Bosera and HashKey to Launch World’s First Tokenized Money Market ETFs in Hong Kong
- Chinese asset manager Bosera Asset Management (International) and Hong Kong based HashKey Group are set to launch the world's first tokenized money market ETFs in Hong Kong.
- The tokenized share classes of two existing ETFs will be introduced, offering retail and institutional investors enhanced transparency, efficiency, and access through decentralized networks.
- The ETFs will leverage blockchain technology to convert traditional asset rights into digital tokens, providing investors with exposure to high-quality instruments with a liquid and stable return profile.
- The initiative is part of Hong Kong's Project Ensemble sandbox, aiming to modernize financial infrastructure using blockchain technology and enhance the efficiency, transparency, and cost-effectiveness of financial transactions.
Read Full Article
12 Likes
TheNewsCrypto
5d
201
Image Credit: TheNewsCrypto
Is Cronos (CRO) 38% Weekly Surge Suggest a Further Bullish Rally?
- Cronos (CRO) price surged by 38% over the past week, signaling bullishness.
- Bulls are driving the trend, breaking resistance levels and approaching the $0.1108 mark.
- CRO is currently trading above its 50-day and 200-day EMAs, indicating positive price momentum.
- RSI and MACD indicators show a bullish outlook, while rising volumes fuel optimism among investors.
Read Full Article
12 Likes
Coinpedia
5d
86
Image Credit: Coinpedia
Chainlink Price Crash Ignites Crypto Liquidation Tsunami—Whale Activity Spikes!
- Chainlink, a large-cap altcoin, experienced a price drop of nearly 6 percent in the past 24 hours.
- Chainlink price is expected to retest the lower border of a rising channel, around $13, in the coming weeks.
- Chainlink network has seen increased social dominance and institutional investor adoption.
- Long-term holders of Chainlink now have an all-time high balance of about 438.33 million coins.
Read Full Article
5 Likes
TheNewsCrypto
5d
78
Image Credit: TheNewsCrypto
SUI Hits $2.47 as EMA Level Looms: Could This Lead to a Major Price Move?
- SUI's price is approaching a crucial Exponential Moving Average (EMA) level, hinting at a potential price uptick.
- Upcoming World Asset Listing (WAL) creates anticipation and possibility of a price rally for SUI.
- MACD and RSI indicators suggest short-term bullish momentum for SUI.
- SUI's current market performance shows a 4.86% increase in the past 24 hours, with a trading volume of $1.32 billion.
Read Full Article
4 Likes
Coindoo
5d
398
Image Credit: Coindoo
XRP Set to Surpass the Two Biggest Cryptocurrencies, Analyst Forecasts Major Price Surge
- XRP's regulatory clarity, including the recent ruling declaring it not a security, positions it for growth.
- XRP's potential inclusion in the U.S. Digital Asset Stockpile and the anticipated approval of XRP ETFs create a positive outlook for the token.
- Market expert Nate Geraci predicts an 87% probability of XRP ETF approval within the year.
- XRP's recent price action indicates a bullish rectangle pattern, and it is forecasted to potentially reach $11 in a breakout.
Read Full Article
23 Likes
TheNewsCrypto
5d
287
Image Credit: TheNewsCrypto
MUBARAK Drops Over 35%, Is a Further Pullback to $0.093 in Sight?
- MUBARAK cryptocurrency dropped by over 35%, trading at around $0.098.
- The daily trading volume of MUBARAK surged by more than 191%.
- Bearish pressure in the crypto market pushed major assets like BTC and ETH to previous lows.
- MUBARAK's price may further pull back to $0.093 range due to bearish market indicators.
Read Full Article
17 Likes
Coinpedia
5d
312
Image Credit: Coinpedia
Hyperliquid Faces FTX 2.0 Fears After JELLY Token Crash and Liquidation Blunder
- The crypto derivatives platform Hyperliquid is implementing risk management measures after a liquidation event involving the JELLY token.
- Users holding long JELLY positions at settlement will be compensated $0.037555, while flagged accounts are not eligible for refunds.
- The liquidation incident was triggered by a self-trade of 4 million USDC in JELLY at a low price, resulting in losses to Hyperliquid.
- Hyperliquid is making changes to its risk management system to prevent similar incidents, including tightening control over its Liquidator vault and adjusting trading limits based on market size.
Read Full Article
18 Likes
Coindoo
5d
271
Image Credit: Coindoo
Crypto Trader Scores Massive Profit on New Token
- A crypto trader acquired 10.4 million GHIBLI tokens for just $1,140 and stands to profit $224,000.
- The trader has not sold any of the tokens and also contributed 7.28 million GHIBLI to liquidity pools.
- GHIBLI token gained attention after the release of a new version of ChatGPT.
- Binance has added GHIBLI to its Binance Alpha pre-listing pool for altcoins.
Read Full Article
16 Likes
TronWeekly
5d
398
Image Credit: TronWeekly
SUI Price Analysis: Breaks Out from Descending Wedge, 2x Rally Expected Soon
- SUI is maintaining its bullish momentum, surging nearly 18% over the past week.
- SUI is holding strong above its support level and preparing for huge upward movement.
- Technical indicators, including RSI at 64.49, suggest continued bullish activity, though a short-term retracement remains possible.
- SUI has recently broken out from a descending broadening wedge, signaling the potential for a strong 2x upward move.
Read Full Article
23 Likes
Newsbtc
5d
123
Image Credit: Newsbtc
Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms
- Retail sentiment toward Ethereum (ETH) remains weak, but analysts suggest that a significant breakout could be on the horizon.
- Weak retail sentiment may present a buying opportunity for institutional investors, positioning them for the next bullish cycle.
- Potential catalysts for a breakout include the approval of an Ethereum ETF and the upcoming Pectra update.
- On-chain indicators and technical patterns indicate that Ethereum might be nearing the end of its bearish cycle.
Read Full Article
7 Likes
TronWeekly
5d
2.8k
Image Credit: TronWeekly
The GHIBLI Effect: AI Art Drives $28M Crypto Boom
- GHIBLI-inspired meme coins, fueled by AI-generated Studio Ghibli images, have surged in popularity, with the namesake meme coin reaching a $21M market cap. Influencers like Sam Altman and Elon Musk indirectly boosted the token, which is now aiming for a $100M market cap.
- These meme coins have flooded the market, with 'ghiblification' being the largest one so far, with a $21 million market cap. The surge is driven by the popularity of Studio Ghibli and the nostalgic cartoon trend.
- The token's active community support and volume suggest potential for future growth, with hopes to reach a $100M market cap.
Read Full Article
31 Likes
TronWeekly
5d
790
Image Credit: TronWeekly
Silk Road Founder Ross Ulbricht Teases New Marketplace After Ebay Snub
- Ross Ulbricht, founder of Silk Road, hints at launching a new e-commerce platform after facing rejection from Ebay.
- Ulbricht experienced delays in verification while trying to sell personal items on Ebay, suspecting it was due to his past involvement with Silk Road.
- Ulbricht suggests developing his own online marketplace after failing to get accepted by Ebay.
- Crypto community offers support and experts reach out to help Ulbricht with building a new platform.
Read Full Article
9 Likes
Bitcoinist
6d
78
Image Credit: Bitcoinist
Dogecoin Cup And Handle Pattern Signals Recovery To $0.4, Here’s How
- An analyst suggests that Dogecoin is still in the cup phase of a cup and handle pattern.
- The current analysis argues that Dogecoin remains in the cup phase, with no confirmed handle formation.
- Price holding above key moving averages supports the idea of gradual accumulation during the bottoming process.
- A move towards $0.4 could serve as part of the final uptrend in the cup structure.
Read Full Article
4 Likes
Newsbtc
6d
297
Image Credit: Newsbtc
Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally
- Rekt Capital, an influential analyst, suggests that an altcoin rally may occur if the altcoin market cap secures a weekly close above $250 billion.
- A breakout rally towards the $315 billion level could be expected if the $250 billion level is surpassed, indicating the bottom for altcoins has potentially been established.
- The ongoing correction in the altcoin market is relatively shallow, indicating a growing market maturity among altcoins and a potential stronger push from bulls.
- The possibility of a breakout is further supported by the weakening resistance at the $425 billion altcoin market cap.
Read Full Article
17 Likes
For uninterrupted reading, download the app