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Altcoins News
Coindoo
2w
330
Image Credit: Coindoo
Cardano Launches NIGHT Airdrop for XRP Holders: Here’s Who Qualifies
- Cardano has launched the NIGHT Airdrop for XRP holders, distributing 1.2 billion NIGHT tokens for the Midnight ecosystem.
- The initiative was revealed by Cardano founder Charles Hoskinson during an AMA, with two campaigns: the Midnight Drop and the Glacier Drop.
- XRP holders are eligible based on a June 11 snapshot, needing to have held at least $100 worth of XRP in a supported wallet by that date.
- The NIGHT token will support privacy-preserving smart contracts and DeFi applications on Midnight, offering features like staking and governance.
- Cardano targets XRP users to bridge ecosystem utility and provide access to DeFi tools through Midnight.
- Midnight enables users to interact with decentralized apps while ensuring financial privacy using zero-knowledge cryptography.
- The airdrop aims to integrate Cardano's smart contracts with XRP's liquidity, opening opportunities for cross-chain DeFi.
- Token claims for the NIGHT airdrop will begin in the coming weeks as per the eligibility criteria set on June 11, 2025.
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TronWeekly
2w
313
Image Credit: TronWeekly
Coti’s $0.052 Resistance: Will a 50% Rally Follow a Successful Breakout?
- Coti is testing the crucial $0.052 resistance, with a potential 50% rally expected upon a successful breakout.
- Technical indicators like RSI and MACD suggest bullish momentum, but failure to break resistance may lead to consolidation.
- A breakout above $0.052 could propel Coti to $0.078, attracting retail and institutional investors.
- The cryptocurrency is currently at a key price point, with investors closely watching the $0.052 resistance level for a breakout.
- Coti has been trading in a downward channel, but recent support at a critical demand area signals a possible breakout.
- Overcoming the $0.052 resistance could lead to significant price action, supported by the underlying demand zone.
- The RSI at 41.37 suggests market equilibrium, with the potential for an upward move if Coti breaks resistance.
- MACD showing a minor positive divergence further supports the bullish scenario.
- A successful breakout could drive Coti's price above $0.052, potentially reaching $0.078.
- While optimism is high for a rally, there are risks involved, including possible consolidation or retracement to $0.048 support level.
- Coti is currently trading at $0.05078, hinting at a possible breakout towards higher levels.
- The market anticipates significant price movements if Coti confirms the resistance level, attracting both retail and institutional investors.
- Technical indicators signal potential gains if Coti breaks the $0.052 resistance, despite inherent risks.
- The cryptocurrency market is closely monitoring Coti for a potential breakout with expectations of attracting investors.
- Coti's price movements and indicators suggest a favorable outlook, but uncertainties around breaking the resistance level remain.
- Coti's recent uptrend hints at a positive future, supported by technical indicators, while risks exist if the resistance level holds.
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Coindoo
2w
204
Image Credit: Coindoo
Chainlink Surges as On-Chain Data Signals Quiet Altseason Potential
- Chainlink's on-chain data indicates a surge in non-empty wallets, with a 1.05% increase over the past month.
- The total holder count for Chainlink has reached a record 769,380.
- While the price action is bullish, a decline in active wallets by 17.3% over the year suggests reduced short-term speculation.
- Historically, such pullbacks in wallet activity have been favorable long-term entry points.
- Chainlink's MVRV is not overheated, implying a potential opportunity zone.
- Amid speculations about a summer altseason, Chainlink's rising holder base and declining active wallets indicate patient accumulation.
- This trend of increasing network strength and reduced short-term activity has led to significant upward moves in the past.
- Due to aligning fundamentals and sentiment, Chainlink could be a strong contender as capital rotation shifts towards high-utility altcoins.
- Many are eyeing Chainlink as a dark horse for a potential altseason.
- The article discusses how Chainlink's data signals suggest a quiet altseason potential.
- The overall sentiment points towards a positive outlook for Chainlink amid changing market dynamics.
- The analysis highlights the importance of on-chain data in understanding market trends.
- As Chainlink's on-chain metrics show promise, market participants are closely monitoring its potential for growth.
- Chainlink's performance could signify a shift towards altcoins as Bitcoin's dominance wanes.
- The article concludes with the idea that Chainlink may present an opportunity for investors amidst evolving market conditions.
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TronWeekly
2w
39
Image Credit: TronWeekly
JasmyCoin Sees 40% Price Surge: Is a 31,200% Rally Next?
- JasmyCoin surged 40% on June 24, reaching $0.0145, increasing its market cap to over $676 million.
- A decline of 2.33% in JasmyCoin's supply on exchanges suggests a potential increase in demand.
- Javon Marks predicts a massive 31,200% surge for JasmyCoin, potentially pushing the price to $4.47842.
- JasmyCoin's 24-hour trading volume spiked by 77.1%, exceeding $93 million, attracting investor attention.
- Futures open interest for JasmyCoin has risen, hitting $28.53 million, indicating heightened demand.
- The global cryptocurrency market experienced a 0.69% increase, reaching $3.2 trillion, benefiting JasmyCoin.
- Despite recent gains, JasmyCoin faces resistance at key technical levels and remains below its past all-time high.
- JasmyCoin appears to form a double-bottom pattern with support at $0.00818 and a neckline at $0.0211.
- A breakout above $0.0211 could lead to further price gains, while a drop below $0.00818 could reinforce bearish sentiment.
- Traders and investors should remain cautious as the market dynamics and resistance levels will impact JasmyCoin's future prices.
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Coindoo
2w
387
Image Credit: Coindoo
Negative Binance Funding Rates May Signal a Bitcoin Rebound
- Binance funding rates on Bitcoin turned negative at -0.0033 after a sharp rebound from last weekend's lows.
- Majority of open positions are short, indicating traders' skepticism towards the rally.
- Market often moves against the crowd, presenting a contrarian signal as shorts get crowded.
- Traders are usually biased towards long positions, making this funding rate shift significant.
- Negative rates suggest a strong contrarian signal against the rally despite recent price strength.
- Historical patterns show market movements against short positions following similar setups in the past.
- In September 2024, Binance funding rates turned negative, with subsequent market moves to the upside.
- Exception was seen only during a brief macro disruption tied to new U.S. tariff announcements.
- Today's positioning may act as rocket fuel for Bitcoin if more short positions pile on.
- Short liquidations could accelerate the upside as the squeeze builds in the coming days.
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Coinjournal
2w
335
Image Credit: Coinjournal
Aptos price surges as stablecoin supply nears all-time
- Aptos price surged to $5.07 as trading volume increased by 189% to over $643 million.
- Aptos stablecoin supply is nearing an all-time high of $1.2 billion.
- Aptos Labs and Jump Crypto introduced Shelby, a decentralized storage protocol, boosting Aptos' appeal for web3 applications.
- APT token on Aptos blockchain soared by 17% to $5.07 as Bitcoin surpassed $106k.
- Stablecoin supply on Aptos has risen from $430 million to nearly $1.2 billion, showing significant growth.
- Wyoming selected Aptos for the state's WYST stablecoin pilot, contributing to APT's gains.
- The average transaction fee on Aptos is now approximately $0.0005.
- Aptos Labs and Jump Crypto announced Shelby, a high-speed storage protocol for web3 applications like streaming video and AI pipelines.
- Shelby leverages Aptos' 600ms finality and low gas fees to offer cloud-speed storage for web3 use cases.
- Shelby protocol is chain-agnostic, planning support for Ethereum and Solana, attracting interest from Metaplex and Story Protocol.
- Shelby aims to provide web2 performance with web3 transparency, positioning Aptos as a scalable infrastructure leader.
- A developer-focused devnet for Shelby is scheduled for Q4 2025 to drive cross-chain adoption.
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Bitcoinist
2w
26
Image Credit: Bitcoinist
Stablecoins Rise, Cards Fall: Experts See Big Tech Gaining In South Korea
- South Korea is close to establishing stablecoin regulations that could impact payment methods.
- The proposed Digital Asset Innovation Act would require stablecoin issuers to hold at least ₩1 billion in equity capital.
- Only big players or well-funded firms will likely meet the capital requirements, potentially excluding small startups.
- Democratic Party members in the National Assembly are set to unveil the bill soon to provide clear guidelines for stablecoins.
- Experts warn stablecoins could challenge credit card payments, posing a threat to the industry's stability.
- Card companies are already facing challenges with a rising loan default rate, nearing the 2% danger mark.
- The Bank of Korea is cautious about stablecoins, fearing they might impact the banking sector's profits and deposits.
- Tech giants like Naver and Kakao are gearing up for the stablecoin market, aiming to integrate won-backed tokens into their platforms.
- Companies like Hyundai HT, Hyundai Mobis, Kocom, and others are also monitoring the stablecoin space for potential opportunities.
- Investors are showing interest in companies linked to stablecoins, leading to speculation in both crypto and stock markets.
- There is enthusiasm in the market, but risks are present if the stablecoin legislation faces delays or changes.
- The article also features an image from Unsplash and a chart from TradingView.
- Overall, the move towards regulating stablecoins in South Korea could have significant implications for the financial industry.
- Experts predict that big tech companies might benefit the most from the stablecoin regulations in South Korea.
- Investors are actively involved in the speculation around stablecoins, impacting stock and crypto markets.
- It remains to be seen how the stablecoin regulations will unfold and the effect they will have on various sectors in South Korea.
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TronWeekly
2w
427
Image Credit: TronWeekly
Hype Price Nears $40 Resistance as Bulls Eye Strong Momentum Ahead
- HYPE price climbs to $38.03 with growing investor interest and rising trading volume amidst market recovery.
- Analysts emphasize $30–$40 as a critical accumulation and breakout zone for HYPE's next bullish move.
- A decisive breakout above $40 could lead to rapid momentum towards HYPE's all-time high, supported by bullish sentiment.
- Strategic support at $30 and mid-range entry near $35 present attractive opportunities for mid- to long-term buyers.
- HYPE gains attention from market analysts and traders as it rides the rising market rally and aims to surpass $40.
- At the moment, HYPE is trading at $38.03 with a 24-hour trading volume of $550.7 million and a market cap of $12.64 billion.
- Price over the last 24 hours rose by 8.14%, while weekly price fluctuated due to market volatility, showing potential for future growth.
- Key levels at $30 and $35 are crucial for HYPE's upward trend continuation, with a breakout above $40 expected to set new all-time highs.
- Analysts suggest $30 as a critical level to maintain bullish market sentiment for HYPE's future performance.
- Breaking below $30 could indicate loss of confidence and potential selling pressure, while $35 is seen as a significant accumulation level.
- An imminent breakout above $40 is anticipated to trigger substantial bullish momentum, potentially leading to new price records.
- Investor interest is rising steadily, with a breakout past $40 likely to pave the way for all-time highs amid growing bull momentum.
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TronWeekly
2w
322
Image Credit: TronWeekly
TRON Price Prediction 2025: Will TRX Hit $0.60 or Fall Below $0.22?
- TRON (TRX) is currently trading at $0.2739 with a 0.48% increase, while the 24-hour volume has decreased by 39.23%.
- Analysts highlight a $0.25 support zone and see potential upside toward $0.45 for TRX.
- Short-term technical analysis suggests TRON might rebound from the $0.25 support level, targeting $0.30 and $0.45 for medium- to long-term gains.
- Long-term price predictions for TRX in 2025 range from $0.216 to $0.60, with varying outlooks on its potential value by the end of the year.
- DigitalCoinPrice projects a bullish trajectory for TRON, aiming for $0.60 by 2025, surpassing its previous all-time high.
- Changelly offers a more conservative outlook, predicting a range for TRX in 2025 between $0.216 and $0.256, with an average near $0.295 and a negative ROI of -6.2% for the year.
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Bitcoinsensus
2w
209
Image Credit: Bitcoinsensus
WIF Price Pops 34% — Can This Meme Rally Break $0.88 Wall?
- DogWifHat's memecoin, $WIF, surged 34% following recent gains, reclaiming losses from June 16.
- $WIF is currently valued at $0.84 and testing the key $0.85 zone for a breakout.
- DeFi Dev Corp's partnership with $WIF community for a Solana validator node strengthens $WIF's ecosystem.
- Uncertainty from the Middle East conflict and impending tariff truces expiration could impact financial assets.
- $WIF potential momentum shift hinges on staying above $0.82 support level.
- Technical indicators suggest potential bullish trend continuation if $WIF breaks above $0.88 resistance.
- Key levels to watch: Resistance at $0.88, Support at $0.82, RSI at 50.27 in neutral zone, MACD showing potential bullish crossover.
- Bulls seem favorable with potential for a rally towards $1 if macro news and volume inflow support the $WIF market.
- Trading on BloFin offers incentives like winning a MacBook, Apple Vision Pro, or Rolex based on volume.
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Bitcoinist
2w
284
Image Credit: Bitcoinist
The Satoshi Of XRP Returns: Ripple Co-Founder Suddenly Breaks 14-Year Silence
- Ripple's co-founder Arthur Britto breaks a 14-year silence by making his first post on the X platform with a blank face emoji.
- David Schwartz, Ripple's CTO, confirms Britto was not hacked or compromised following the post.
- The XRP Ledger Validator Vet expresses shock at Britto's reemergence and Pumpius describes Britto as a key figure in crypto history.
- Britto played a significant role in designing the XRP Ledger, setting the 100 billion XRP supply cap, and co-authoring the XRP whitepaper.
- Away from Ripple and XRP Ledger, Britto is currently involved with PolySign, focusing on institutional custody.
- Community members speculate on Britto's return, linking it to potential price surges in XRP, with some pointing out previous statements about XRP reaching $10,000.
- Crypto influencer John Squire notes XRP Ledger's recent high transactions, Ripple IPO rumors, and pre-bullrun conditions, suggesting Britto's return may not be coincidental.
- XRP is trading at around $2.19, up over 7% in the last 24 hours.
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Bitcoinsensus
2w
331
Image Credit: Bitcoinsensus
XRP Price Prediction: Is XRP Ready to Reclaim $3?
- XRP recently broke below $2 for the first time in two months but experienced a strong bounce, indicating bullish momentum.
- Key upside targets for XRP include the $2.40 range and potentially reclaiming $3 in terms of daily liquidity.
- A retest of the fresh daily demand level could present another bullish setup for XRP traders.
- XRP had been stuck in an accumulation range between $2 and $2.40 for an extended period without a clear trend direction.
- When XRP dipped below $2, it triggered a significant bounce, suggesting a potential shift in market sentiment.
- Potential short-term target for XRP is moving towards $2.40 to address near liquidity and potentially offer trading opportunities within the range.
- Longer-term scenario involves XRP aiming for $3 with careful consideration of daily supply zones that could limit upward momentum.
- If XRP maintains bullish momentum and volume, reaching the upper liquidity around $3 could become a significant possibility.
- Retesting the daily demand zone that initiated the recent bounce could provide another favorable long trade opportunity for XRP.
- While these scenarios offer potential trading setups, the market remains unpredictable, and traders should be prepared for sudden price changes.
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Coindoo
2w
178
Image Credit: Coindoo
BIS: Stablecoins Fail Core Tests to Be Future Money
- The Bank for International Settlements (BIS) stated in its annual report that stablecoins fall short of essential qualities of robust money: singleness, elasticity, and integrity.
- Stablecoins, like USDT, lack elasticity as they require full backing and cannot dynamically respond to changes in demand compared to central bank money.
- True monetary singleness, where money issued by different institutions is interchangeable, is not met by stablecoins, which are often issuer-specific and trade at varying values based on trust and backing.
- Issues with integrity arise as not all stablecoin issuers enforce consistent anti-money laundering (AML) or know-your-customer (KYC) standards, undermining security and legal uniformity in national monetary systems.
- The BIS acknowledges that stablecoins offer benefits like fast payments, programmability, and accessibility, but these do not make them suitable substitutes for traditional money, given the risks of regulatory fragmentation and financial crime.
- While critical of stablecoins, the BIS maintains a positive outlook on tokenized finance, viewing the tokenization of central bank reserves, commercial bank money, and government bonds as a transformative opportunity to enhance the financial system.
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Coindoo
2w
252
Image Credit: Coindoo
How Many Investors Are in Profit Across the Top Cryptos?
- A significant share of major cryptocurrencies' circulating supply is currently in profit based on average on-chain purchase price.
- Bitcoin leads with 94.5% of holders in profit, followed by Ethereum at 88.7%.
- XRP, Dogecoin, Chainlink, and Cardano have lower percentages of supply in profit.
- Santiment warns of potential profit-taking due to high percentages of Bitcoin and Ethereum in profit.
- Cardano lags behind with only 46.5% of its supply in profit, potentially indicating undervaluation.
- Traders are navigating rising prices and potential overvaluation risks in the market.
- Profit-taking behavior and rotation into other altcoins may shape the next phase of the market cycle.
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TronWeekly
2w
305
Image Credit: TronWeekly
XRP Eyes $2.50 Rebound: Analyst Predicts Big Move Ahead of ETF Buzz
- XRP has surged to $2.19, reflecting an 11% increase in the past 24 hours with a $4.9 billion spike in trading volume.
- Analysts suggest a potential dip-buying opportunity near $2.00–$2.10 and predict a rebound to $2.50.
- XRP faced rejection at the $2.50 resistance level, now hovering between $2.00 and $2.10 as a critical zone for dip buyers.
- Short-term sentiment remains fragile with all timeframes showing a 'strong down' trend.
- Speculation surrounds XRP-based ETFs and an inflow of $400 million in new treasuries as potential catalysts for a +20% bounce back to $2.50.
- 2025 price forecasts for XRP vary widely from a bearish $2.11 peak to a bullish $4.78 surge, indicating market uncertainty.
- DigitalCoinPrice predicts XRP climbing past $3.84, with a possible peak of $4.78 in 2025, while Changelly's technical analysis offers a more conservative outlook with a maximum price of $2.11.
- XRP's short-term rally is influenced by speculation and rumors, with the coin still facing downward trend signals despite recent gains.
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