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Altcoins News
Coindoo
2M
101
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PPI Falls 0.5%—Lowest Since 2020: A Green Light for Fed Cuts and Crypto?
- The Producer Price Index (PPI) fell by 0.5%, the lowest reading since April 2020, indicating easing inflation.
- This, coupled with a softer Core Consumer Price Index (CPI) of 2.4%, could prompt the Federal Reserve to consider its first rate cut in 2025.
- Lower inflation and potential rate cuts create a positive environment for risk assets like cryptocurrencies, as they weaken the U.S. dollar and boost liquidity.
- The crypto market has already responded positively to macro easing signals, indicating that a Fed pivot could further drive rallies in digital assets, especially in altcoins and DeFi.
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Coindoo
2M
36
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Whale Activity Heats Up: Major Crypto Transfers Linked to Coinbase Spark Speculation
- Whale activity in the crypto market has intensified, with major transfers linked to Coinbase sparking speculation.
- Significant transfers of Cardano (ADA), XRP, Ethereum (ETH), and Bitcoin have been observed, hinting at various possibilities such as strategic portfolio rebalancing and institutional repositioning.
- The movements included substantial amounts like 70.13 million ADA, 29.57 million XRP, 129,392 ETH, and 7,999 BTC, totaling hundreds of millions of dollars.
- Analysts are monitoring these transactions closely to determine if they signify larger strategic shifts or routine rebalancing amidst ongoing market volatility and cybersecurity concerns.
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TronWeekly
2M
262
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Messari: Filecoin’s Bold Shift to Enterprise Storage Lowers Deal Volume in Q1 2025
- Filecoin's active storage deals and raw byte capacity dropped in Q1 2025, indicating a transition to enterprise-focused storage use cases.
- Despite a 44% price crash, FIL token activity increased, showing deeper integration of decentralized services in enterprise and AI sectors.
- Network fees on Filecoin decreased by 65% as onboarding slowed and system optimizations reduced gas costs.
- The release of Proof of Data Possession and new partnerships signal broader use cases for Filecoin in high-compute and privacy-focused industries.
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Ambcrypto
2M
1.1k
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Congress revisits stablecoin bill – Will it pass by the end of May?
- Bipartisan push for a final vote on the Senate stablecoin bill, GENIUS Act, before Memorial Day recess.
- Coinbase founder, Brian Armstrong, hopeful for a vote as early as May 15th, emphasizing the need for regulatory clarity for 52 million crypto users.
- Democrats show resistance in the previous vote but reported progress and potential consensus on advancing the bill.
- Senate leadership discussing procedural path for bill, aiming for a final vote before Memorial Day recess; Majority Leader Thune noncommittal on achieving the vote before May 26.
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TheNewsCrypto
2M
69
BRETT Bleeds Out 11%: Time to Panic or Buy the Dip?
- BRETT meme coin experiences an 11% decrease, trading near $0.069 amid market-wide bearish pressure and loss in market cap.
- Daily trading volume for BRETT drops by 32%, reaching $38.54 million, while the coin records a 92.59% gain in the last thirty days.
- Technical indicators indicate a bearish momentum for BRETT, with signals showing potential downside movement if crucial support levels are not maintained.
- Recovery for BRETT could lead to a retest at the resistance zone around $0.07270, with the potential for upward correction towards new highs.
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4 Likes
99Bitcoins
2M
73
Europol Busts $23.5M Hawala Styled Crypto Laundering Scam
- Europol dismantled a transcontinental crypto laundering syndicate that laundered at least €21 million of illegal funds across Europe, China, and the Middle East.
- Authorities have arrested 17 individuals, predominantly of Chinese and Syrian nationalities.
- Authorities have emphasised the crypto laundering operation as the most sophisticated instance of money laundering in the EU to date.
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4 Likes
TronWeekly
2M
308
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Dogecoin Network Surges After ETF Filing – Will Price Rally Next?
- SEC has acknowledged Nasdaq's filing for the 21Shares US Dogecoin ETF, initiating the official review period.
- Dogecoin futures open interest surged by 70% to $1.65 billion, indicating increasing speculative interest.
- The current price of DOGE is at $0.2343 with a market cap of $34.98 billion; a daily close above $0.25 could trigger a price rally.
- Crypto analyst Trader Tardigrade forecasts a potential price breakthrough for Dogecoin as it mirrors previous patterns that led to significant rallies.
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18 Likes
99Bitcoins
2M
202
World’s Largest Black Market Shut Down By Telegram With Over $35Bn In USDT TXs
- Haowang Guarantee, the world's largest-ever illicit online marketplace, has announced the cessation of all operations after Telegram blocked its NFTs, channels, and groups.
- Blockchain analytics firm Elliptic led to the shutdown of the two largest online criminal marketplaces, Huione Guarantee and Xinbi Guarantee, by Telegram.
- Thousands of Telegram channels and accounts linked to Haowang Guarantee were closed, handling over $35 billion in USDT transactions, making it the largest illegal online marketplace.
- Smaller platform Xinbi Guarantee also ceased operations due to account closures, and there are rumors that Haowang may attempt a comeback under a different name on a different messenger platform.
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12 Likes
Ambcrypto
2M
276
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XRP Elliott Wave hints at correction – Why $2.34 support matters next
- XRP Elliott Wave analysis indicates a wave 2 correction, focusing on $2.33 as a crucial level to monitor.
- Recent price retracement saw XRP decline to $2.49 after reaching a high of $2.65, currently trading at $2.50.
- Analyst Man of Bitcoin suggests a potential local top for XRP as per Elliott Wave structure, with $2.33 being a key support level for further downside.
- XRP's price rally lacks strong demand support, with indicators like Price-DAA Divergence and NVT Ratio signaling potential price correction in the absence of genuine demand.
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16 Likes
TronWeekly
2M
382
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Ripple’s XRP Eyes Multi-Year Highs After Strong Technical Breakout
- XRP has surged 15% and broken out of a falling wedge pattern, supported by rising trading volume.
- Current price rebounded from $2.08 to $2.64, with immediate resistance at $3.15 pointing towards multi-year highs.
- Market sentiment shifts positively as Bitcoin's rally sparks renewed interest in altcoins like XRP.
- XRP's bullish momentum is backed by technical analysis and potential for further gains in the crypto market.
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Bitcoinsensus
2M
257
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Cardano Price Prediction: Should You Buy or Sell?
- Cardano (ADA) price broke through supply before sweeping equal lows, leaving liquidity above, indicating a possible reaction from current demand.
- Market's unpredictable movement led to ADA smashing through supply zones and liquidity trapping situations, creating volatile market behavior.
- Potential for price to come back up for overhead liquidity if a solid structure shift is seen on lower timeframes, else a further downward move to sweep more liquidity may occur.
- The Cardano price prediction serves as a guide for potential market paths, emphasizing the importance of reading and adapting to market updates and trading based on what is observed.
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15 Likes
Coindoo
2M
185
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Perfect Storm for Altcoin Season? Crypto Analyst Highlights Rare Market Alignment
- Bitcoin near all-time highs, indicating market strength and attracting mainstream attention.
- Retail interest at all-time lows, setting the stage for a potential increase in participants due to FOMO.
- ETH/BTC broke a 3-year downtrend, a strong signal of altcoin strength compared to Bitcoin.
- Altcoin index rebounding from range lows, showing technical support for a new upward cycle for altcoins.
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11 Likes
TronWeekly
2M
217
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Ethereum on the Brink of a Major Rally: Can ETH Reach $4,201 in the Coming Weeks?
- Ethereum's technical setup indicates a potential bullish rally targeting $3,000 and beyond.
- Open interest in Ethereum hits $33.12 billion, boosting trader confidence and momentum for a bullish trend.
- Closing the CME gap near $2,530-2,630 could provide strong support for Ethereum's price gains.
- Price predictions suggest Ethereum could reach new records, with a target of $4,201, reflecting growing confidence in its future growth.
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13 Likes
TheNewsCrypto
2M
414
ONDO Bulls Are In Active Mode; Is Reversal Ahead?
- ONDO price is consolidating after a major correction from its December 2024 high of around $2.00.
- Clear support established at $0.68282, with key resistance at $1.11.
- Technical indicators show a slightly bullish trend, with positive momentum in the MACD and improving market sentiment.
- Traders should watch for a potential breakout above $1.11 or a fall below $0.90 to gauge ONDO's future direction.
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24 Likes
99Bitcoins
2M
308
MoonPay, Mastercard Partner For Global Stablecoin Payment Card: Explore New Crypto To Buy!
- MoonPay and Mastercard have teamed up to launch a new suite of stablecoin payment cards for digital asset spending at over 150 million merchants worldwide.
- The collaboration allows users to pay with stablecoins like USDC, USDT, and DAI, which are automatically converted to fiat currency at the point of sale.
- MoonPay aims to simplify crypto purchases with PayPal and bank transfers now available in EU and UK, enhancing accessibility and convenience for users.
- Investors are showing interest in BTC Bull presale, a project offering free BTC rewards based on Bitcoin's price milestones and allowing staking for passive income.
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