A naukri.com initiative
Altcoins News
TheNewsCrypto
1M
306
Shiba Inu Chart Called “Unreal” by Analyst as Breakout Potential Builds
- Market analyst Joey Keasberry describes Shiba Inu's chart as 'unreal,' hinting at potential breakout.
- Shiba Inu has been trading in a range of $0.0000050 to $0.00004 since its breakout in 2021.
- Whale accumulation increases by 1.58% while retail exposure drops, indicating shifting dynamics.
- Analysts suggest that Shiba Inu's consolidation phase may lead to significant price volatility once a breakout occurs.
Read Full Article
18 Likes
Bitcoinist
1M
36
Image Credit: Bitcoinist
Ethereum’s March To $3,000 Depends On Holding Above This Key Resistance Level
- Ethereum is showing early signs of an upward movement as it approaches key resistance levels amidst growing bullish momentum across the crypto market.
- Crypto analyst Ali Martinez highlighted a crucial resistance zone for Ethereum that could spark its next major rally, with a target of $3,000.
- Martinez pointed out several price barriers for ETH, including $2,668, $2,711, $2,774, and $2,827, that need to be overcome for a successful rally.
- Market experts anticipate Ethereum rallying towards $3,000, with technical patterns and analysis supporting the bullish outlook despite some key resistance levels.
Read Full Article
2 Likes
TheNewsCrypto
1M
59
High-Leverage Trader Doctor Profit Exits XRP for Ethereum After 600% Gain: Here’s Why
- High-leverage trader Doctor Profit exits XRP for Ethereum after securing a 600% profit on his previous XRP position.
- Doctor Profit emphasized that his move from XRP to ETH is tactical and does not reflect a bearish outlook on XRP in the long term.
- Ethereum is currently trading at a 30% yearly discount, while XRP has experienced a 342% annual gain, leading Doctor Profit to identify an attractive entry point for ETH.
- The decision to shift capital between XRP and Ethereum is driven by capital appreciation and short-term growth potential, with Doctor Profit aiming to optimize his portfolio through strategic positioning.
Read Full Article
3 Likes
TheNewsCrypto
1M
205
Sui Network TVL Hits New Billion Record High Amid Microsoft Partnership
- Sui Network achieves new record high TVL of $2.1 billion, marking a 104% increase from March lows.
- The network leads in stablecoin adoption with $148 million inflows, surpassing all other blockchains.
- Microsoft Fabric integration enables real-time blockchain data access for Sui Network, enhancing enterprise capabilities.
- Sui Network also sets new records in DEX trading volume, indicating growing user activity and ecosystem maturity.
Read Full Article
12 Likes
TheNewsCrypto
1M
41
U.S Lawmaker Introduces Anti-Corruption Crypto Bill Ahead of Trump’s Donor Dinner
- California Rep. Maxine Waters introduces legislation, the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act of 2025, to restrict political leaders from engaging in crypto projects.
- The bill aims to prevent current President, Vice President, members of Congress, and their relatives from endorsing or launching cryptocurrencies.
- Waters criticizes Trump family's involvement in crypto, including the release of a personal memecoin and a family-supported stablecoin called USD1 through World Liberty Financial.
- Democratic lawmakers, including Senators Elizabeth Warren and Chris Murphy, protest crypto-linked fundraising events and call attention to the ethical concerns surrounding political fundraising using digital assets.
Read Full Article
2 Likes
Bitcoinist
1M
9
Image Credit: Bitcoinist
Bitcoin Hits ‘Banana Zone’—Why This Bull Run Is Different
- Bitcoin hit a new intraday peak surpassing $111,800 on May 22, signaling the start of the 'Banana Zone' according to Raoul Pal.
- Pal attributes the liquidity surge in markets not to inflation but to imminent policy interventions in the bond market.
- He predicts the issuance of new measures by the Federal Reserve to increase liquidity, potentially leading to a surge in asset values, akin to 2017.
- While Bitcoin celebrated reaching milestones, Pal suggests Ethereum and high-beta Layer-1 tokens could outperform soon, especially as certain economic indicators turn favorable.
Read Full Article
Like
TronWeekly
1M
402
Image Credit: TronWeekly
Litecoin (LTC) Flashes Bullish Flag, Price Could Jump Past $117 Soon
- Litecoin (LTC) is trading at $98, up 3.35%, with analysts targeting $117 soon.
- Open Interest in LTC futures rose by 6.14% to $647.38M, indicating increased capital inflow.
- LTC holding above $93 support, RSI above 50 shows buying pressure gaining momentum.
- Technical analysts predict a bullish breakout for LTC, with price targets around $117. Derivatives data and positive funding rate support the optimistic outlook.
Read Full Article
24 Likes
TheNewsCrypto
1M
265
U.S. Senate Advances GENIUS Act: A Game-Changer for Stablecoin Regulation
- The U.S. Senate has advanced the GENIUS Act, a bill aimed at providing regulatory clarity for stablecoins in the United States.
- The GENIUS Act establishes a national regulatory system for payment stablecoins, overseen by banking regulators instead of the SEC or CFTC.
- Key provisions include restricting stablecoin issuance to insured banks, implementing AML provisions, and requiring compliance with American regulatory norms for overseas issuers.
- The bill aims to balance regulation and innovation in the crypto market, but critics raise concerns about enforcement against foreign actors and potential exclusion of smaller startups.
Read Full Article
15 Likes
TronWeekly
1M
434
Image Credit: TronWeekly
Dogecoin Breaks Bullish Pattern, Targets Strong Rally Toward $0.31
- Dogecoin breaks out of a classic bull pennant, suggesting strong upward price movement.
- Technical analysis projects Dogecoin's rally target at around $0.31.
- Breakout above resistance line confirms bullish trend with increased market buying pressure.
- Positive market sentiment and volume spike support Dogecoin's bullish phase.
Read Full Article
26 Likes
Coindoo
1M
192
Image Credit: Coindoo
Trump-Backed Crypto Venture Launches USD1 Stablecoin on KuCoin — A Platform Banned in the U.S.
- World Liberty Financial, a DeFi platform backed by Trump, launched a USD1 stablecoin on KuCoin, despite the exchange being banned in the U.S.
- The move has sparked controversy as KuCoin admitted to operating as an unlicensed money-transmitting business in the U.S. before.
- White House Press Secretary affirmed Trump's compliance with conflict-of-interest rules amidst the partnership with KuCoin.
- Critics raise ethical and regulatory concerns over listing a politically backed stablecoin on a sanctioned exchange, while supporters see it as a strategic move to tap into high-growth markets.
Read Full Article
11 Likes
TronWeekly
1M
398
Image Credit: TronWeekly
Solana Explodes Past $177: Will New Consensus Protocol Drive It to $389?
- Solana ($SOL) shows strong upward momentum, currently trading at $177.04 with a 3.44% 24-hour increase.
- The Alpenglow update aims to enhance speed but does not completely resolve network stability issues.
- Analysts anticipate SOL to exceed $389 by the end of 2025 if upgrades deliver positive results.
- Solana broke out of an ascending triangle formation, signaling bullish continuations, and a potential price surge in the future.
Read Full Article
23 Likes
TheNewsCrypto
1M
146
SUI Faces Decline: Is a Test of Previous Lows Inevitable?
- SUI is currently trading near $3.82 with a 155% increase in trading volume.
- Liquidations over the past 24 hours reached $12.42 million amidst a market cap of $3.51 trillion.
- DEX Cetus on the SUI blockchain was compromised, resulting in a $11 million loss of SUI tokens.
- SUI's market sentiment is cautiously bullish, with indicators suggesting potential upward price movements towards resistance levels at $4.07 and $4.25.
Read Full Article
8 Likes
TronWeekly
1M
41
Image Credit: TronWeekly
Why PENDLE’s Double-Bottom Breakout Signals a Potential 100% Gain
- PENDLE is currently trading at $4.32 with slight decline but weekly gains.
- Technical analysis suggests a bullish breakout with important resistance near $4.50.
- 2025 price forecasts for PENDLE vary widely, from strong growth above $9 to modest or negative returns.
- Market sentiment is bullish, supported by a double-bottom formation and optimistic outlooks for PENDLE.
Read Full Article
2 Likes
TronWeekly
1M
173
Image Credit: TronWeekly
Stablecoin Regulation Could Bring Trillions to U.S. Treasury
- David Sacks promotes the GENIUS Act to regulate stablecoins, aiming to attract trillions for the U.S. Treasury by providing clarity.
- The bill seeks to enhance global USD supremacy through secure and fast digital payments.
- Critics raise concerns about conflicts of interest, like USD1 stablecoin linked to Trump and foreign investments.
- Sacks, a stablecoin advocate and former White House advisor, sees the bill unlocking significant economic gains.
- The GENIUS Act, nearing Senate approval, sets stringent standards for stablecoin issuers to ensure backing by transparent, liquid assets.
- Supporters argue that stablecoin regulations are essential to strengthen the dollar's position in the digital economy.
- Opposition voices express worries regarding ethical implications, particularly Trump-related connections to stablecoins and potential foreign funding.
- Senators Murphy and Warren emphasize the need for stronger ethical safeguards in the bill to prevent exploitation by elected officials.
- Despite resistance, proponents of the bill push forward, citing the necessity of regulating stablecoins to protect the dollar in a digital age.
- While Bitcoin's value surges, attention shifts to stablecoins, designed for stability and real-world asset pegging.
Read Full Article
10 Likes
For uninterrupted reading, download the app