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Coindoo

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Could XRP Be the Next Big Crypto Play? Dave Portnoy Weighs In

  • Dave Portnoy suggests that XRP could be the next big crypto play, drawing parallels with Bitcoin's early success driven by fear of missing out.
  • Portnoy shared a personal anecdote about missing out on a Miami apartment to a Bitcoin investor, leading to his curiosity about emerging digital assets like XRP.
  • Despite XRP's legal challenges and volatile history, some investors see its potential for a breakout due to its visibility and infrastructure.
  • Portnoy's unconventional approach reflects a broader sentiment in the crypto community that the next big opportunity may not wait for everyone to feel prepared.

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Bitcoinist

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Dogecoin Moves Into Demand Zone After 10% Fallout – Is A Bounce Coming?

  • Dogecoin (DOGE) has entered a key demand zone following a 10% drop, indicating a potential short-term recovery if the daily price low holds.
  • Recent price action showed Dogecoin establishing range lows, triggering a liquidity sweep, and entering a high-demand zone, signaling short-term bullishness.
  • While the larger market structure remains neutral-bearish, Dogecoin is yet to breach resistance levels near $0.235-$0.24, where further buying pressure or seller activity is expected.
  • Technical analysis suggests a probability of a bullish move as historical data indicates a low likelihood of revisiting the current daily low and a high probability of forming a new daily high, potentially leading to a price bounce.

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TronWeekly

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Bittensor (TAO) Struggles at $421: Can Bulls Defend Critical $412 Support?

  • Bittensor (TAO) is trading at $421.32, reflecting a decline of 5.54% in the last 24 hours with a consistent short-term bearish trend.
  • Price remains below the 9 EMA at $428.03, indicating ongoing selling pressure, with key support near $412.
  • RSI at 37.86 and bearish MACD crossover signal weak momentum and limited buyer interest.
  • Despite facing resistance at $428, a break above the 9 EMA could lead to a recovery toward the $437–$440 range.

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TronWeekly

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Solana Chain GDP Surges 20% in Q1 as DeFi and Stablecoin Markets Expand

  • Solana Chain GDP grew 20% QoQ in Q1, reaching $1.2 billion in application revenue.
  • Stablecoin market cap on Solana surged 145% QoQ to $12.5 billion in Q1 2025.
  • Solana DEX trading volume increased by 41% quarter-over-quarter, reaching $4.6 billion.
  • Solana had significant growth in Q1 2025, with leading applications like Pump.fun, Phantom, and Jupiter contributing to revenue increase, making Solana a top choice for DeFi, consumer applications, and payment networks.

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Bitcoinsensus

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How Ethereum Managed to Recover After Months of Underperformance

  • Institutional investors have been showing increased interest in Ethereum's performance, with Abraxas Capital making significant investments in ETH recently.
  • Ethereum has surged by 63% this month, outperforming most major assets, with its price reaching $2,601 per ETH.
  • Abraxas Capital withdrew 278,639 ETH from exchanges since May 7, securing holdings at an average price of $2,350 and now holding an unrealized profit of $77 million.
  • Ethereum's recent rally surpassing Bitcoin's gains by a large margin indicates a potential shift in market dynamics, with institutional investors positioning themselves for further growth.

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Coindoo

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XRP Holds Support at $2.31 in Double Bottom Formation — Eyes on Higher Breakout

  • XRP is holding support at $2.31 in a double bottom formation, bouncing off the red descending trend line.
  • The current price action is ranging between $2.30 and $2.62, with two potential scenarios outlined: bullish case aiming for $3.3967 and bearish case targeting lower Fibonacci zones.
  • EGRAG CRYPTO encourages XRP investors to stay steady and strong amid the current price volatility.
  • With key support intact, XRP is approaching a critical breakout point that traders will closely monitor in the upcoming days.

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Bitcoinist

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States Go Crypto: $632 Million In Strategy Stock Held Across 14 US Funds

  • Retirement managers in 14 US states have added a total of $632 million in Strategy stock to their portfolios to tap into Bitcoin's gains without directly buying the coin.
  • Public funds boosted their holdings by $302 million in Q1 2025, with an average increase of 44% in their position sizes, using Strategy stock as a stand-in for Bitcoin.
  • States like California, Florida, and Wisconsin lead the trend, with California holding the highest shares worth $276 million, followed by Florida at $88 million and Wisconsin at $51 million.
  • Lawmakers in 26 states have filed 47 crypto-related bills, with some states like New Hampshire approving laws allowing up to 5% of their treasury to go into Bitcoin, while others like Arizona and Florida have seen measures related to crypto investments being stalled or voted down.

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Coindoo

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Bitcoin Targeting $120,000 While Altcoins Signal Historic Breakout Potential

  • Bitcoin, currently in a strong accumulation phase with support around $89K, could target $120,000 in its next market top according to on-chain data.
  • Altcoin markets may be on the verge of a significant shift, with a record-setting bullish divergence on the TOTAL3/BTC chart suggesting a potential breakout.
  • The bullish divergence on altcoin charts indicates a looming altseason and a reclaim of market dominance, setting the stage for outsized gains.
  • Overall, the crypto market is primed for a rally, with Bitcoin expected to lead the way with a strong surge while altcoins follow with potentially substantial gains.

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Coindoo

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Stablecoin Transactions Surpass $6 Trillion in Q1 2025

  • Stablecoin transactions exceeded $6 trillion in Q1 2025, showcasing their importance in the digital financial ecosystem.
  • USDC and USDT are leading the market, with USDC experiencing significant growth and surpassing USDT in transaction volume.
  • Alternative stablecoins like BUSD and FDUSD are gaining traction, indicating a trend towards diversification in stablecoin adoption.
  • The rise in stablecoin transactions since early 2023 reflects increased usage beyond crypto trading, with applications in remittances, DeFi, international payments, and on-chain payrolls.

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TronWeekly

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Pi Network Price Crash Raises Fears of Team Exit

  • Pi Network's price initially rose from $0.40 to $1.60 due to Consensus event hype and $100 million fund announcement.
  • However, the price subsequently declined, leading to concerns among investors.
  • A crypto analyst accused the Pi Core Team of manipulating the token's value by generating excitement and then selling off their holdings silently.
  • Current Pi price stands at $0.70 after the crash, causing worries among holders about the team's potential exit.

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TronWeekly

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SOL Price Prediction 2025: Can Solana Hit $372 Amid DeFi Growth?

  • Solana is currently trading at $168.94 with a minor dip of 1.84% in the last 24 hours, as the trading volume decreased by 20.36%, signaling a cooling-off period.
  • Analysts see an optimistic outlook for Solana's chart, with a consolidation pattern forming above $165 levels, supported by a positive RSI and MACD indicators.
  • Strong support is established at $167 with low ADX reading, recommending long entries above $172 with target prices of $176 and $182 for traders.
  • Solana price predictions for 2025 suggest a potential to cross $294.33 and reach levels of $335.78 to $372.21, mainly driven by further adoption and ecosystem development.
  • Solana's partnership with Chainlink Labs aims to support decentralized app startups through the 'Build on Solana' program, leveraging Solana's infrastructure and Chainlink's oracles for Web3 growth.

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Coindoo

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Key Levels To Watch as TRON Enters Overbought Territory, Raising the Risk of a Correction

  • TRON is entering overbought territory, signaling a potential correction according to analyst BorisVest.
  • Key support level for TRON is around $0.25 to maintain bullish momentum, with a risk of further decline if it breaks below $0.24.
  • Traders advised to monitor RSI, momentum indicators, price behavior at support levels, and volume dynamics for potential correction signals.
  • Long-term outlook for TRON is positive, but caution is advised in the short term due to overbought conditions.

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TheNewsCrypto

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XRP Price Holds Firm on Binance as Selling Pressure Faces Absorption Phase

  • XRP open interest has climbed, signaling renewed trader activity despite prior liquidation drop from $1.5B to $530M.
  • XRP price is holding at $2.36 while short pressure grows, indicating a possible sell-side absorption phase.
  • XRP has entered a decisive trading phase on Binance futures, characterized by a tug-of-war between buyers and sellers.
  • Market data indicates XRP is currently priced at $2.36, with trading volume falling by 39.43% to $3.31 billion in the last 24 hours.

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Newsbtc

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Elon Musk Becomes ‘Kekius Maximus’—Meme Coin Soars 120%

  • Elon Musk changed his profile name to 'Kekius Maximus' on social media, leading to a 120% surge in the meme coin associated with that name within 24 hours.
  • This move is not the first time Musk's profile changes have impacted meme coins, with a previous instance causing a 500% increase in a token's value before a subsequent drop.
  • The token tied to 'Kekius Maximus' climbed by 119% after Musk's latest profile update, reaching a peak value of 0.0502, although it remains below its initial launch price.
  • Investing in such meme tokens driven by celebrity influence can be risky due to their dependency on hype and lack of tangible products or services, emphasizing the speculative nature of these investments.

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Coindoo

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Pi Network’s Founder Talked at Consensus 2025: Here is What he Said

  • Pi Network, founded nearly five years ago, has garnered significant attention and amassed a large following.
  • At the 2025 Consensus conference, Pi Network founder Nicholas Kokkalis discussed the focus on decentralization within the Pi community, known as the 'Pi Army.'
  • Kokkalis highlighted the challenges and importance of decentralization in the context of AI, emphasizing the need for widespread distribution of value in a future driven by technology.
  • He noted that blockchain technology can enable decentralized value capture, offering opportunities for more individuals to benefit from technological progress fairly.

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