A naukri.com initiative
Altcoins News
TronWeekly
2M
151
Image Credit: TronWeekly
Is Movement Labs Hiding Deals? MOVE Token Drops Amid Scrutiny and Allegations
- Movement Labs faces scrutiny for undisclosed deals with early supporters, leading to concerns of misrepresentation and a 10.45% MOVE token drop.
- Documents reveal Movement Labs allocated up to 10% of MOVE tokens to insiders, raising concerns about transparency and fairness.
- MOVE token price plummets after Coinbase suspends trading amid concerns of market manipulation, increasing investor uncertainty.
- Investors are closely monitoring Movement Labs as accusations and questions surrounding undisclosed agreements with early supporters continue to impact the company's credibility and the MOVE token's value.
Read Full Article
9 Likes
Ambcrypto
2M
332
Image Credit: Ambcrypto
Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?
- Blockchain-focused BTCS Inc. is planning to raise $57.8M to acquire more ETH and expand validator operations.
- The firm currently holds over 9K ETH and operates more than 500 validators, aiming to capitalize on Ethereum's growth momentum.
- BTCS Inc.'s fundraising strategy involves using debt and convertible notes to scale its validator node operations and increase ETH holdings.
- The company's focus on staking rewards and expanding ETH holdings aligns with its goal to benefit from Ethereum's rising market trends and potential gains.
Read Full Article
19 Likes
Coindoo
2M
340
Image Credit: Coindoo
Stablecoin Adoption by Institutions Hits All-Time High
- Stablecoin adoption by institutions has reached an all-time high, driven by regulatory clarity, technical readiness, and increasing customer demand for faster cross-border payments.
- 86% of institutions now have the infrastructure and partnerships in place to integrate stablecoins into their operations, transitioning from experimentation to scaled deployment.
- Majority of institutions are actively using stablecoins for payments, in pilot phases, or preparing for rollout, with only 10% undecided or inactive on the issue.
- Regulatory and technical hurdles that once hindered adoption have significantly decreased, attributed to clearer regulations, improved compliance frameworks, and rising confidence in stablecoins as a core part of the global financial system.
Read Full Article
20 Likes
TronWeekly
2M
253
Image Credit: TronWeekly
Ethereum Holds Strong After 58% Monthly Rally, Eyes $3K Despite Pullback
- Ethereum has surged 58% in the past 30 days and is up 17% over the last week, currently trading around $2,529 after a slight correction from $2,736.
- Trading volume for Ethereum remains strong at $25.15 billion, indicating active investor participation and ongoing interest in the asset.
- Key resistance for Ethereum is at $3,100, with support at $2,233 potentially shaping its next move amid its bullish trajectory.
- Market analysis suggests that Ethereum's bullish momentum is supported by its technical structure, with price targets at $3,063, $3,566, and $4,201, signaling the possibility of further upside.
Read Full Article
15 Likes
Coindoo
2M
151
Image Credit: Coindoo
Why These 6 Cryptocurrencies Are at the Center of Attention
- Solana is gaining attention for institutional interest and community engagement through airdrops and campaigns.
- Nexpace (NXPC) is rising in popularity with listings on major exchanges and high-yield offerings linked to the MapleStory Universe.
- Launchcoin, running on Solana, has surged in value with its VC-free token launch model via Believe platform and increased futures volume on KuCoin.
- Chainlink (LINK) supports enterprise blockchain integration with transactions from JPMorgan and SWIFT, while Tether (USDT) leads in liquidity and trading volume.
Read Full Article
9 Likes
TronWeekly
2M
41
Image Credit: TronWeekly
FTX Recovery Trust Begins $5 Billion Distribution May 30
- FTX Trading Ltd. and the FTX Recovery Trust will begin the second round of disbursements to creditors on May 30, 2025, under the approved Chapter 11 Plan of Reorganization.
- Eligible creditors will receive their funds through BitGo or Kraken within 1 to 3 business days once all prerequisites are satisfied.
- Distribution percentages vary by class, with Convenience Claims set to receive up to 120% of their claim.
- FTX's recovery distribution marks progress in reorganization efforts, emphasizing compliance requirements for shareholders to ensure future entitlements.
Read Full Article
2 Likes
Coindoo
2M
379
Image Credit: Coindoo
Trader Turns $8K into $4M in 22 Days With One Bold Bet
- Trader turns $8,191 into $617,000 by purchasing and selling LAUNCHCOIN tokens.
- LAUNCHCOIN market cap skyrocketed from under $500,000 to over $300 million within 22 days.
- Despite selling 2.5 million tokens for $617,000, the trader still holds 12.12 million tokens valued at around $3.5 million.
- Total profit from the trade, including realized and unrealized gains, amounts to $4.1 million.
Read Full Article
22 Likes
TronWeekly
2M
23
Image Credit: TronWeekly
XCN Price Eyes Breakout: Will Chain Surge Past the $0.01750 Resistance?
- XCN price is on the verge of a breakout towards the $0.01750 resistance zone with positive market sentiment and bullish technical indicators.
- MACD indicates bearish convergence, while RSI approaching oversold levels hints at a potential reversal in XCN price movement.
- XCN is trading at $0.01644 with a market cap of $551.6M and a 24-hour trading volume of $29.35M, experiencing volatility but showing signs for the next major journey.
- A prominent analyst notes XCN facing bearish pressure, with price below key moving averages and resistance at $0.01750. MACD signals continuing bearish momentum, while RSI suggests a possible bounce at the support near $0.01600.
Read Full Article
1 Like
Ambcrypto
2M
216
Image Credit: Ambcrypto
Lido whales dump $10 mln tokens — But that’s not LDO’s only problem
- A wallet connected to DeFiance Capital deposited 9.3 million LDO tokens, worth $10.1 million, into major exchanges in the last 48 hours, signaling potential sell-offs amid a 10.37% price drop for LDO.
- Lido DAO (LDO) is facing bearish pressure due to weakened network engagement, with fewer daily active addresses and transactions, leading to a lack of organic demand and potential price stagnation or correction.
- Market metrics, like Price DAA Divergence and MVRV Z-Score, reflect caution as the price lacks strong user-driven support and buyers show hesitancy, indicating vulnerability for LDO's price stability.
- Derivatives metrics, including trading volume and Open Interest, have declined significantly, restricting volatility and dampening upward momentum for LDO, potentially leading to further downside risks in the short term.
Read Full Article
13 Likes
Bitcoinist
2M
276
Image Credit: Bitcoinist
When Will The XRP Price Explode? Timeline Shared By Crypto Pundit
- XRP's price has closely followed Bitcoin's recent price action, experiencing a 3.3% decline in the past 24 hours after a rejection from resistance.
- Crypto strategist Cryptoinsightuk predicts XRP's next explosive rally to align with key phases in Bitcoin's dominance cycle, leading to an altcoin season.
- Bitcoin dominance nearing the 70% mark historically signals the beginning of major altcoin seasons, potentially benefiting coins like XRP that have shown ability to outperform during such cycles.
- XRP's next leap in price and new all-time highs are expected to coincide with Bitcoin breaking through the $104,000 to $117,000 range, leading to capital rotation into altcoins and a significant price increase for XRP.
Read Full Article
16 Likes
TronWeekly
2M
432
Image Credit: TronWeekly
Solana Buckles Downtrend with a 4-5% Increase in Capital Inflows on Par with XRP.
- Solana's 30-day realized cap has increased by 4-5%, indicating a reversal of capital outflows experienced for months.
- The performance of XRP serves as a benchmark for measuring Solana's recovery.
- Glassnode suggests that Solana's positive development may signal a new wave of investor confidence and ecosystem strength.
- The capital inflow into Solana indicates a restored investor confidence and growing interest in the Solana ecosystem.
Read Full Article
26 Likes
TronWeekly
2M
289
Image Credit: TronWeekly
PEPE: There is a Sell Signal Present on the daily chart: Price Drop Soon?
- The TD Sequential is indicating a sell signal for PEPE on the daily chart.
- Previous predictions by the tool have been accurate in forecasting PEPE price changes.
- Traders are advised to consider protecting gains as PEPE approaches an important Fibonacci resistance level.
- Analyst Ali Martinez suggests a potential price decline for PEPE based on the TD Sequential indicator on the daily chart.
Read Full Article
17 Likes
Newsbtc
2M
82
Image Credit: Newsbtc
Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch
- Bitcoin price has been retracing slowly from the $104,000 zone over the past 24 hours, hinting at indecision in the market.
- Crypto analyst Tony Severino highlighted critical levels indicating whether Bitcoin is turning bearish or bullish.
- Severino identified a well-defined resistance zone near the all-time high, suggesting potential reversal or breakout scenarios.
- While conditions are currently mixed, indicators like trading volume and RSI readings will play a crucial role in determining a bullish breakout for Bitcoin.
Read Full Article
4 Likes
Ambcrypto
2M
336
Image Credit: Ambcrypto
Hyperliquid up 170% from April lows: Will Bitcoin perps dominance push HYPE to $40?
- Hyperliquid's native token, HYPE, has surged by 170% from April lows and is targeting a price of $45 amid dominance in the Bitcoin perps market.
- Hyperliquid has gained attention for entering and dominating the CEX-dominated Bitcoin perpetual swaps market, with its open interest surpassing Deribit's at $1.8 billion.
- OKX's market dominance of $2.56 could be the next target for Hyperliquid if its growth trend continues, with total OI reaching an all-time high of $5.6 billion across listed tokens.
- HYPE holders benefit from fee discounts and a deflationary buyback program, contributing to the native token's value appreciation amid a potential bullish pattern formation, targeting $45.
Read Full Article
20 Likes
TronWeekly
2M
253
Image Credit: TronWeekly
From $150 to $300? Solana’s Roadmap to a Major Breakout
- Solana (SOL) has shown strength above $170, with a 10% weekly gain and 28% increase over the past month.
- Bitcoin's rise above $100,000 has led to positive momentum for altcoins like SOL.
- Key resistance levels for SOL ahead are $196.22, $238.80, and $290.16, with a focus on $300.
- Solana's bullish outlook is supported by strong fundamentals, rising ecosystem growth, and technical indicators.
Read Full Article
15 Likes
For uninterrupted reading, download the app