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Altcoins News
Coindoo
2w
302
Image Credit: Coindoo
Ripple May Need to Halt Institutional XRP Sales Amid Legal Pressure
- A court decision upholds the ruling that classified Ripple's past institutional XRP sales as unregistered securities offerings.
- The recent court ruling includes a financial penalty and a ban on institutional XRP sales, prompting speculation on Ripple's next steps.
- Legal experts suggest that Ripple may have adjusted its engagement with institutional clients to comply with regulations following the court's decision.
- There is uncertainty about Ripple's future institutional strategy, with possibilities for pursuing institutional sales under registered securities offerings or ending the legal saga.
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TronWeekly
2w
116
Image Credit: TronWeekly
Ethereum Whale Activity Surges as Accumulation Hits 2020 Levels
- Ethereum whales are accumulating ETH at levels similar to 2020, indicating rising long-term confidence.
- Exchange ETH supply has decreased, suggesting a potential bullish supply shock.
- Smart money is optimistic about Ethereum as fundamentals strengthen and Layer-2 usage grows.
- Data shows a surge in inflows to Ethereum accumulator addresses, with most ETH being stored, not traded, hinting at a possible upcoming supply shock.
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Coindoo
2w
17
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Here’s What to Expect from Solana as June Comes to a Close
- Solana shows signs of a potential breakout with institutional momentum, on-chain volumes, and public sector interest aligning.
- Notable developments include the wave of spot ETF filings for SOL by investment giants like Invesco Galaxy and VanEck, increasing odds of approval.
- Solana dominates decentralized exchange activity surpassing Ethereum in 30-day DEX volume, recording $64 billion in trades, showing strong user interest.
- Wyoming's state government is adopting Solana blockchain for a stablecoin initiative, while SOL struggles to break through key resistance levels, aiming for $187 if institutional demand rises.
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Coindoo
2w
272
Image Credit: Coindoo
Lido Moves Toward Shared Governance with stETH Holders
- Lido is moving towards shared governance with stETH holders through a proposed system called 'Dual Governance.'
- The Dual Governance system allows stETH holders to delay the execution of DAO proposals they disagree with, with delays dynamically adjusted based on opposition levels.
- The flexible approach aims to address governance frictions in liquid staking by giving users time to react to proposals, especially important for ETH withdrawal queues.
- This governance update could redefine user protections and protocol upgrades in DeFi and has already gained early approval, with a final vote set to conclude by June 30.
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Bitcoinsensus
2w
320
Image Credit: Bitcoinsensus
Trader Turns $6.8K Into $1.5M in Crypto Liquidity Play
- One trader turned $6.8K into $1.5M with minimal drawdown under 6.5% by contributing 3%+ maker-side liquidity.
- Success attributed to strategy simplicity, consistency, and risk control.
- Trader achieved remarkable results in a market filled with bots and whales by quoting only one side of the order book.
- Despite risks involved, trader maintained precision, kept drawdown low, and became a top market maker with over $1.4 billion in trading volume.
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19 Likes
99Bitcoins
2w
410
APT Looking To Bottom: The End Of Aptos Crypto 2-Year Accumulation Soon?
- Aptos, a crypto coin, has been range-bound for 2.5 years with a high market cap and FDV.
- Technical analysis suggests Aptos may see a +200% gain in the next 2-3 months, with potential bullish signals.
- Analysis on various timeframes shows price movement reaching resistance levels and forming possible bullish patterns.
- Investors are observing increased volume and positive chart indicators for Aptos, indicating a potential breakout.
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24 Likes
Coinjournal
2w
164
Image Credit: Coinjournal
Movement price forecast as MOVE sees 60% bounce from recent lows
- Movement (MOVE) price saw a 1% slump in the past 24 hours but is up nearly 60% from its June 22 lows of $0.11.
- Profit-taking and the altcoin market cooldown have contributed to the recent pullback in MOVE price.
- Rebranding efforts and token buybacks are fueling optimism for a potential rally toward $0.4 in the MOVE cryptocurrency.
- The MOVE price remains cautiously optimistic, with technical breakout and bullish momentum, targeting key levels at $0.23 and $0.34, while support levels at $0.15 and $0.11 are critical in case of bearish pressure.
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Coindoo
2w
82
Image Credit: Coindoo
Massive Bitcoin Options Expiry on Deribit Signals Investor Optimism
- Deribit hit over $40 billion in open interest for BTC options ahead of the June 27 expiration, with total open interest across all platforms surpassing $45 billion.
- Deribit accounted for nearly 90% of the total open interest, solidifying its dominance in crypto options trading, as about 139,000 BTC contracts expired, representing approximately $15 billion in notional value.
- The put-call volume ratio settled at 0.75, implying a bullish sentiment among traders, with the max-pain price set at $102,000, influencing price dynamics during expirations.
- Ether didn't miss the action as around 939,000 ETH contracts expired, equating to $2.29 billion in value with a bullish sentiment indicated by a put-call ratio of 0.52 and a max-pain level at $2,200.
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Livebitcoinnews
2w
428
Image Credit: Livebitcoinnews
Whale Splashes Millions on Hyperliquid: What’s Next for HYPE Price?
- A whale recently deposited $20 million USDC into Hyperliquid and has been accumulating $HYPE using a dollar-cost averaging strategy.
- Despite recent losses by popular traders like @qwatio and James Wynn, more whales are entering Hyperliquid.
- $HYPE could potentially experience a short squeeze leading to a price surge between $45 and $70.
- HYPE has seen volatility recently, but is now attempting to reclaim support levels, with short liquidations outpacing longs.
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25 Likes
Coindoo
2w
423
Image Credit: Coindoo
Here Are the Altcoins to Watch in Q3, According to Grayscale
- Grayscale has updated its Top 20 altcoins list for Q3, introducing Avalanche (AVAX) and Morpho (MORPHO) while dropping Lido DAO (LDO) and Optimism (OP).
- The list focuses on innovation, scalability, and market momentum rather than short-term price speculation, aiming to identify assets with high potential.
- The updated roster covers various blockchain sectors, including AI, DeFi, infrastructure, and tokenized data, representing crypto's diverse use cases.
- While not offering specific investment advice, Grayscale's list serves as a guide for institutional investors, reflecting where institutional focus may shift in the future.
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25 Likes
99Bitcoins
2w
272
UAE Firm Invests $100M in Trump-Linked WLFI Token
- UAE-based company invests $100 million in Trump-linked WLFI Token for blockchain ecosystem boost.
- Collaboration between WLFI and Aqua1 Foundation aims to enhance real-world asset tokenisation, stablecoins, and DeFi.
- Aqua1's investment surpasses Justin Sun's previous $30 million investment in WLFI.
- Trump and his sons have significant involvement in WLFI, with Trump disclosing earnings of $58 million from governance tokens.
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Coindoo
2w
315
Image Credit: Coindoo
Here’s How PayPal Sees Stablecoin Growth Playing Out in the U.S.
- PayPal is experimenting with new incentives like rewards to boost consumer engagement with stablecoins in the U.S.
- Users mainly use PayPal's stablecoin for international money transfers, benefitting from a faster and cheaper alternative to traditional remittance methods.
- PayPal's focus on cross-border payments with stablecoins could pave the way for wider adoption, particularly as regulatory clarity improves.
- With the recent Genius Act in the U.S. Senate potentially accelerating stablecoin usage, PayPal is positioned to capitalize on its early entry into the stablecoin market.
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19 Likes
TronWeekly
2w
99
Image Credit: TronWeekly
$77 Million in SUI Set to Unlock on July 1, Raising Supply Pressure
- $77 million worth of SUI tokens are set to unlock on July 1, raising short-term selling pressure.
- This insider unlock is the largest among those scheduled for the week, exceeding other token unlocks like ENA, OP, and KMNO.
- The release targets founders, team members, and early investors, potentially impacting SUI's early July price action.
- While the unlock may generate supply-side pressure, its impact on SUI's price and market direction remains uncertain leading up to the event.
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5 Likes
TronWeekly
2w
428
Image Credit: TronWeekly
Ethereum Breakout Looms: $3K to $4K Rally Incoming Soon
- Ethereum is approaching the critical $2,500 level and may be gearing up for a breakout.
- The Broadening Wedge pattern completion phase indicates increasing volatility.
- A breakout above $2,500 could lead Ethereum towards $3,000, $3,500, and $4,000 price targets.
- Resistance at key moving averages and the psychological $2,500 level may impact Ethereum's price movements.
- The article provides insights on potential bullish targets but also highlights risks associated with a drop below certain levels.
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25 Likes
TheNewsCrypto
2w
229
Will Solana (SOL) Defy Market Uncertainty and Launch a Strong Breakout in the Coming Week?
- Solana (SOL) is holding steady near the $142 mark with a modest drop of over 1.03% in the last 24 hours.
- 24-hour liquidations for Solana have reached $13.86 million.
- Solana (SOL) has been extending its recent downward streak, trading below $150 amidst a bearish market where major assets like Bitcoin and Ethereum are trading downwards.
- Technical indicators suggest a weak momentum and possible bearish crossover for SOL, although a potential uptrend might occur if bulls enter the market pushing the price towards resistance levels.
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