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Altcoins News
TheNewsCrypto
2M
396
Solana (SOL) on the Verge: Can Bulls Break Free from the Bearish Chains?
- Solana (SOL) remains steady near $174 amidst the crypto market cap reaching $3.32 trillion and a fear and greed index reflecting greed sentiment at 71.
- Solana experienced a brief bullish pressure hitting a high of $180.95 before a downside correction leading to a daily low of $166.81. It currently trades around $174.04 with a market cap of $90.42 billion.
- The daily trading volume of Solana increased by over 18.55% to $5.61 billion, with $18.58 million worth of SOL liquidations. The number of wallets holding at least 0.1 Solana surged to 11.04 million, indicating growing retail interest.
- Solana's price trend remains bearish, with potential for a death cross formation if it fails to climb above $176. However, a bullish signal could lead to a price increase towards $177 or even $181, supported by a daily RSI of 55.97 indicating neutral territory.
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Coindoo
2M
276
Image Credit: Coindoo
$6B in New USDT Issued in 20 Days as Tether Market Cap Hits $150B
- Tether has issued $6 billion in new USDT in 20 days, reaching a total market capitalization of $150 billion, an all-time high for the stablecoin.
- The injection of new capital has had a significant impact on the crypto market, with Ethereum gaining market share while Bitcoin dominance has declined.
- The increase in USDT market cap indicates higher liquidity and buying power in the crypto ecosystem, influencing price movements of major assets like Bitcoin and Ethereum.
- The surge in USDT issuance suggests a shift in investor interest towards altcoins, particularly as Ethereum's dominance increases.
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99Bitcoins
2M
147
Foreign Capital Flood: Want a Seat at TRUMP Meme Coin Dinner? It’ll Cost You a Cool $5M
- The TRUMP crypto dinner contest recently concluded, with top holders earning a spot at an exclusive gala with Donald Trump and others receiving themed NFTs as rewards.
- The event sparked debates within the crypto community regarding fairness, hype mechanics, and the appropriate level of influence meme coins should have.
- The leaderboard ranked wallets based on TRUMP token holdings, with the top 220 gaining VIP access to meet Trump at a Gala dinner.
- Controversies surrounding the event include allegations of conflict of interest, price manipulation, and security concerns, with the TRUMP token's price dropping 11% post-contest.
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Bitcoinsensus
2M
69
Image Credit: Bitcoinsensus
BONK Price Prediction – What the Charts Are Telling Us
- BONK price respected the April 28th demand/supply zones on the daily chart. H1 chart indicates a recent liquidity grab below, potentially fueling further upside.
- The market setup identified on April 28th for BONK was successful in terms of technical analysis accuracy.
- The predictable behavior of the market based on technical analysis at times makes trading more manageable and understandable.
- While the outlined scenarios for BONK's price movement are possibilities, they are not guaranteed as BONK remains a meme coin known for its unpredictable nature and tendency to create and break rules.
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Coindoo
2M
73
Image Credit: Coindoo
Pi Coin Dropped by Over 28% in the Past 24 Hours — What to Expect Next
- Pi Coin dropped over 28% in the past 24 hours, causing concern among holders and analysts about its future.
- Market Snapshot: Current Price - $1.10, 24-Hour Volume - $1.5B (↓5.58%), Market Cap - $7.86B (↓28.02%).
- Possible Factors for the Drop: Lack of exchange listings, speculative trading, and bearish market sentiment.
- Expect Short-Term Volatility, critical support at $1.00, waiting for mainnet launch updates, and potential bullish catalyst from exchange listings.
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99Bitcoins
2M
391
Utility Coming to TRUMP Meme Coin: Will It Be Bigger Than LINK and XRP Combined?
- Trump meme coin is adding utility through NFTs and introducing a marketplace for NFT JPGs using loyalty points.
- The TRUMP coin dinner contest concluded with the top 220 holders receiving exclusive Trump-themed digital collectibles and the promise of 'Diamond Hand' NFTs for those who retain their tokens through the dinner day.
- A new rewards system for TRUMP coin holders is launching post the gala dinner, allowing users to earn points and potentially receive future incentives, aiming to gamify loyalty and engagement among investors.
- However, legal challenges led by attorney Norm Eisen may pose a threat to Trump's meme coin, alleging potential scamming of his supporters and suggesting a continuous stream of new products or NFTs for sale. The future impact of these developments on Trump meme coin remains uncertain.
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Coindoo
2M
69
Image Credit: Coindoo
Binance to Launch New Trading Pairs and Enable Trading Bots on May 14
- Binance is set to launch new spot trading pairs, including PUNDIX/USDC and SYRUP/TRY, on May 14.
- New trading bot services for Spot Algo Orders and Spot Grid & Spot DCA Bots are also being introduced for various pairs.
- The updates aim to offer users more flexibility and automated strategies for managing their trades on Binance Spot.
- Users can benefit from discounted taker fees on existing and new USDC spot and margin trading pairs until further notice.
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4 Likes
99Bitcoins
2M
59
Coinbase stock Just Changed Everything for Crypto Stocks: Is COIN the New APPL Stock?
- Coinbase stock ($COIN) is set to make history by becoming the first cryptocurrency company to join the S&P 500 index on May 19, 2025, replacing Discover Financial Services.
- Inclusion in the S&P 500 brings increased integration of digital assets into traditional financial markets, leading to a 10% after-hours surge in Coinbase's stock.
- This move opens opportunities for new capital influx from index funds and institutional investors, solidifying Coinbase as a serious player in the crypto space.
- Coinbase's CFO views this development as a turning point for crypto, emphasizing increased adoption and credibility for the industry within mainstream finance.
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TronWeekly
2M
341
Image Credit: TronWeekly
SUI Price Prediction: Is $8.58 Possible by 2025? Here’s What Experts Say
- SUI is currently trading at $3.90 with strong bullish signals and $5.40 projected as the next resistance level.
- Orbiter Finance integration enhances Sui’s cross-chain liquidity and ecosystem access, offering bridging from chains like Ethereum, Arbitrum, and zkSync.
- Analysts forecast SUI could reach up to $8.58 by the end of 2025, driven by growing adoption and market activity.
- Technical analysis indicates a bullish course for SUI, with a breakout pattern and potential resistance levels at $5.40, $6.00, and a consolidation area at $3.50.
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20 Likes
TheNewsCrypto
2M
46
Cardano Drops 4.68% Despite Strong Rally Amid Bullish Outlook
- Cardano's native cryptocurrency, ADA, experienced a 4.68% dip in the past 24 hours, despite showing strong bullish momentum recently.
- Positive MACD crossover and RSI at 61.60 indicate a bullish outlook, with potential for further upward movement in the short term.
- ADA is currently priced at $0.7949, with a market capitalization of $28.07 billion and trading volume surging by 85.15% in the last 24 hours.
- Traders should monitor for any divergence in MACD or RSI drop, which could signal a correction phase before a sustained rally for ADA.
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2 Likes
99Bitcoins
2M
124
BlackRock Engages with SEC Crypto Task Force to Discuss Future of Crypto ETFs
- BlackRock engaged with the SEC Crypto Task Force to discuss the BlackRock Digital Assets Product Suite and considerations for advancing the tokenization of securities.
- BlackRock has already launched spot Bitcoin and Ethereum ETFs and anticipates its iShares Bitcoin Trust to become the largest ETF globally in ten years.
- SEC may revise rules to allow broker-dealers on alternative trading systems to trade non-security cryptocurrencies like Bitcoin and Ether.
- SEC's focus is on developing a rational regulatory framework for crypto asset markets to provide clarity and establish fit-for-purpose standards.
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7 Likes
TronWeekly
2M
244
Image Credit: TronWeekly
Analyst Predicts Mantle Could Break $0.86 and Reach $1 Soon
- Mantle (MNT) is approaching the key resistance level of $0.86, drawing bullish trader attention.
- Analyst Alli suggests that surpassing $0.86 may lead to a price surge towards $1.
- MNT has shown a steady recovery from recent lows, with optimism among investors for further gains.
- Market participants are closely monitoring MNT's price action for signs of a potential trend continuation.
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14 Likes
Bitcoinsensus
2M
342
Image Credit: Bitcoinsensus
DEGEN Technical Analysis: Is a Pullback Coming?
- DEGEN remains bullish on the daily timeframe, but there is a potential retracement target at a demand zone below.
- On the M30 timeframe, liquidity is forming underneath the current price action, suggesting a possible temporary drop before continuation.
- DEGEN, a meme coin, is known for its unpredictability, and traders are advised to manage risk and trade with awareness.
- DEGEN token thrives on wild confidence, high risk, and speculation, appealing to risk-seeking traders in the crypto market.
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20 Likes
Bitcoinsensus
2M
359
Image Credit: Bitcoinsensus
What’s Next for Pi Network? A Technical Breakdown
- Pi Network experienced a surge in price movement, skipping sweeping liquidity below, which might still attract the price back down.
- If price revisits the demand zone, spot buyers may find opportunities based on their trading strategies.
- On the M30 chart, a supply zone is highlighted where the price might react before continuing lower or revisiting liquidity.
- Pi Network is a mobile-first blockchain project that allows users to mine Pi using their phones, creating a large community, but the token is not fully tradable on major exchanges yet.
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21 Likes
TronWeekly
2M
451
Image Credit: TronWeekly
Solana Price Prediction 2025: Is $372.73 Within Reach After Bullish Breakout?
- Solana is showing bullish momentum, aiming for targets at $217.6 and $268.9 after a recent breakout above $171.
- DigitalX partners with SOL Strategies, showcasing growing institutional trust in Solana staking as validators on the platform.
- Price forecasts for Solana predict a potential target of $372.73 by the end of 2025, with positive sentiment and technical support.
- Solana is currently trading at $169.35, with recent gains and a strong breakout, supported by institutional endorsements and positive price predictions.
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27 Likes
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