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Altcoins News
99Bitcoins
2w
56
Shiba Inu Price Drops: SHIB Meme Coin Traders Are Unfazed
- Shiba Inu price experiences a decrease, but SHIB traders remain unaffected, with long-term holders controlling over 80% of the supply.
- Meme coin market faces challenges as total market cap drops, with Shiba Inu ranking second to Dogecoin in market value.
- Despite market fluctuations, Shiba Inu performs well compared to other meme coins like DogWifHat and SPX.
- Activity in Solana, a key platform for meme coin trading, impacts the market, with fewer tokens launching on Pump.fun.
- Shibarium, an Ethereum layer-2 network by Shiba Inu, reaches a milestone of processing over 1 billion transactions, showing signs of adoption.
- Concerns arise regarding the speculative nature of meme coins, with critics questioning their utility and highlighting volatile price movements.
- Social media buzz and celebrity endorsements influence meme coin prices, leading to market excitement followed by crashes.
- Supporters argue that meme coins are here to stay, attributing their popularity to VC funding and entertainment value, despite criticisms.
- VCs dislike meme coins for their lack of utility, contrasting the entertainment value they provide and their role in shaping the crypto market.
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3 Likes
99Bitcoins
2w
267
Former Binance CEO CZ to Advise Kyrgyz Republic on Crypto and Blockchain Policy
- Former Binance CEO CZ, Changpeng Zhao, signs MoU with Kyrgyz Republic to provide advisory services on crypto regulations and blockchain technology.
- The partnership aims to modernize the country's technological infrastructure by implementing blockchain solutions and enhancing virtual asset management.
- Kyrgyzstan is an attractive location for crypto mining due to its abundant and underutilized renewable energy resources.
- CZ has previously collaborated with governments in Malaysia, UAE, and Bhutan, and has been actively investing across blockchain, AI, and biotech sectors.
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TheNewsCrypto
2w
176
Image Credit: TheNewsCrypto
Pi Coin Hits a New All-Time Low, Is There Any Hope for a Rebound?
- Pi price drops 14% in 24 hours, hitting new all-time low at $0.5376 amid high volatility and broader market pressure.
- Technical indicators show bearish momentum, with key resistance at $0.7494 and possible rebound toward $0.8312 if broken.
- Pi Coin achieved a new all-time high of $2.98 in February but has experienced a significant decline since then.
- Crypto analyst suggests burning coins from Foundation wallets to revive Pi's value and avoid failure in the market.
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TheNewsCrypto
2w
271
Image Credit: TheNewsCrypto
Bulls Push PENDLE Toward Key Resistance Level of $3.69, What Next?
- PENDLE crypto price is showing signs of a breakout above the $3.69 resistance level.
- Currently, PENDLE is trading at $3.17 with an intraday gain of 11%.
- The technical indicators, such as RSI and MACD, are pointing towards bullish momentum for PENDLE.
- To sustain the upward trend, PENDLE needs to attract more buyers and break above the 200-EMA level of $3.6.
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Coindoo
2w
417
Image Credit: Coindoo
Crypto Market Update: Bitcoin Rises Amid Global Economic Uncertainty
- Bitcoin's price has increased by 1.23% in the past 1H and 0.97% in the past 24H.
- The global cryptocurrency market cap is $2.69 trillion, up 0.59% in the past 24H.
- Trump's new tariffs have caused volatility in traditional markets, with stocks and currencies experiencing declines.
- Bitcoin and other cryptocurrencies may emerge as attractive alternatives for investors amid global economic uncertainty.
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24 Likes
TronWeekly
2w
336
Image Credit: TronWeekly
Cardano (ADA) Dips Below $0.65, Analyst Sees $1 Recovery Potential
- Cardano (ADA) has experienced a tough week, losing 11% of its value and trading around $0.64. Despite the recent decline, cryptocurrency analyst Jonathan Carter remains optimistic, predicting that Cardano could reach the $1 mark in the coming months.
- Carter suggests that ADA's price may fall below $0.60 before a potential rally, with a support zone at $0.59. He believes the recent decrease will not hinder ADA's long-term growth prospects.
- ADA's current struggles indicate a lack of upward momentum, but the cryptocurrency appears stable. The Relative Strength Index shows that ADA is close to being oversold.
- Experts suggest that ADA's long-term direction might be bullish based on network upgrades and institutional adoption. They believe ADA could surpass $3 or even $5 with DeFi usage and blockchain updates.
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20 Likes
TronWeekly
2w
74
Image Credit: TronWeekly
These 4 Crypto Tokens are DEFYING Trump’s $2 Trillion Wipeout!
- Solana's SOL surges with bullish predictions, fueled by potential Fidelity ETF approval, showing resilience amid market volatility.
- Ethereum gains attention due to its market analysis discussions and Trump's portfolio, as traders watch its 2.0 transition.
- Ripple's RLUSD stablecoin sees an 87% trading volume increase, exceeding $10 billion on Kraken, reflecting strong market interest.
- Solana, Ethereum, Ripple's RLUSD, and Tether's USDT defy Trump's $2 trillion wipeout, showing signs of recovery amidst the mayhem caused by tariff news.
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TheNewsCrypto
2w
336
Image Credit: TheNewsCrypto
Cosmos Surges 40%—Can ATOM Keep the Bulls in Control?
- Cosmos (ATOM) price analysis shows a positive trend and a sharp recovery of approximately 40% from the support level of $3.408.
- ATOM price is attempting to break out of the $5.10 and $5.622 levels, showing signs of a fresh bullish rally.
- Buyers are dominating as long as the ATOM price sustains above the 50-day EMA, and the RSI indicator suggests a positive outlook.
- If the price faces rejection from the $5.622 level, immediate support is expected at $4.702.
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TronWeekly
2w
306
Image Credit: TronWeekly
SEC Confirms Fidelity’s Solana ETF as Approval Odds Skyrocket to 89%
- SEC acknowledges Fidelity's SOL spot ETF filing, initiating the approval process.
- Major firms like Franklin Templeton join the SOL ETF race, showing increased interest in cryptocurrencies.
- Polymarket odds for SOL ETF approval in 2025 surge to 89% after earlier concerns about security classification.
- Solana shows signs of recovery amidst the market crash caused by tariff news.
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18 Likes
99Bitcoins
2w
8
Revenge of the EuroPoor? EU Markets Today Retaliate to Crush US Crypto Coins
- President Donald Trump imposed tariffs on the EU, Japan, and South Korea, causing market volatility and tension among allies.
- EU markets anticipate retaliating against the US crypto sector following the tariff news.
- Fearing Trump's stance on tariffs, EU leaders like Macron and Meloni criticize the policy for potentially destabilizing the West.
- The market expects Trump to maintain his tariff strategy, impacting investments including US crypto assets like XRP, SUI, and Solana.
- Trump's tariff philosophy centers on deficit divided by exports, affecting countries like Cambodia, Vietnam, and Sri Lanka.
- Deutsche Bank predicts the US will suffer more than Europe due to the tariff actions.
- The EU plans to retaliate against US tariffs on its exports, potentially freezing out American investments in stocks and cryptocurrencies.
- The sudden imposition of tariffs without proper management could alienate trade partners and have adverse economic effects.
- Countries like Cambodia, Vietnam, and Thailand face significant levies, while the EU prepares for potential retaliatory measures.
- The situation may inadvertently strengthen China's position in manufacturing if trade tensions escalate further.
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Coinpedia
2w
30
Image Credit: Coinpedia
Cardano (ADA) Price Prediction for April 4
- Cardano (ADA) has reached a key level, signaling a potential massive sell-off if downside momentum does not continue.
- ADA's price initially dropped from a key level but failed to close below it, forming a bullish hammer-type candlestick pattern at the key support level of $0.65.
- If ADA falls below the key level and closes below $0.615, it could drop by 30% to reach $0.45 in the future.
- Investors are accumulating ADA while traders are betting on the bearish side, leading to strong market sentiment in both directions.
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99Bitcoins
2w
43
Penguin Island Tariff: Has Trump’s Trade War Gone Too Far?
- The Trump administration rolled out sweeping tariffs this week, taking aim at targets at a Penguin Island tariff.
- Misclassified trade data appears to be the culprit here. Aquarium gear and footwear, tied to clerical mix-ups.
- Trump announced some time ago that they would be reciprocal, now that his plan has changed we’ll see how this ends
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2 Likes
Bitcoinist
2w
61
Image Credit: Bitcoinist
XRP Price In April: The Lows, The Highs, And Final Blast-Off
- XRP price is expected to have significant price swings in April, with a potential final blastoff to new highs.
- Crypto analyst predicts that XRP will retest lower support levels before bouncing back, potentially forming a temporary dip before a quick recovery.
- After the downward wick, XRP is anticipated to retest upper ranges as a key resistance zone, where buying pressure will determine further price movements.
- Analysts project a potential surge of 62-70% from the lowest point of the downside wick, with a potential target above $2.92.
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3 Likes
TheNewsCrypto
2w
354
Image Credit: TheNewsCrypto
When Will Cardano (ADA) Break the $1 Barrier?
- Cardano (ADA) is trading around the $0.64 level.
- ADA's 24-hour trading volume has declined by over 28%.
- A red wave persists in the crypto market with uncertainty in Cardano's price.
- Cardano's bearish trend and decreasing trading volume indicate potential downside.
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21 Likes
TheNewsCrypto
2w
215
Image Credit: TheNewsCrypto
Fidelity Spot Solana ETF Progresses As SEC Acknowledges Filing
- Fidelity Investments received SEC acknowledgment for its spot Solana ETF filing.
- The launch of an ETP product could possibly propel a rally in SOL.
- Fidelity Investments's spot Solana ETF filing was acknowledged by the SEC, bringing it closer to approval.
- The launch of a spot Solana ETF could potentially lead to significant upward movement in SOL's price.
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12 Likes
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