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Altcoins News
TheNewsCrypto
3w
210
Image Credit: TheNewsCrypto
Will Solana Test the $120 Support After Recently Breaking Resistance at $130?
- Solana has dipped back to the $120 range following Bitcoin’s descent, with a 5.08% price drop.
- Solana's weekly chart shows a 4.36% descent after recently testing the $140 level and breaking the $130 resistance.
- Solana's technical indicators, including the MACD and RSI, suggest a bearish trend and a possible test of support levels at $122.98 and $120.04.
- Other altcoins like Cronos and SUI have also shown downward movements in the last 24 hours.
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TronWeekly
3w
135
Image Credit: TronWeekly
Ethereum’s Price Drop Puts $238M in ETH at Risk of Liquidation: Report
- Two large Ethereum whales on Maker risk of liquidation as 125,603 ETH, valued at $238M is at stake.
- Ethereum’s health rate drops to $1.07, putting whales’ positions close to liquidation at $1,805 and $1,787.
- Liquidation of these large ETH positions could spark market volatility, with traders awaiting potential moves.
- The liquidation risk highlights the dangers of leveraged trading and the influence of large holders in the crypto market.
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TheNewsCrypto
3w
48
Image Credit: TheNewsCrypto
Altcoin Hopes Fade as Bitcoin Dominance Rises to 62.18%
- Bitcoin's dominance in the crypto market has risen to 62.18% from 53% in December.
- The growing number of new tokens weakens capital flow to altcoins.
- Factors contributing to Bitcoin's dominance include institutional investors accumulating BTC and the launch of spot Bitcoin ETFs.
- While some believe an altcoin season is delayed, not canceled, altcoins face challenges in surpassing Bitcoin's dominance.
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99Bitcoins
3w
245
Hold Your ETH! Pectra Testnet Launch Could Skyrocket Ethereum
- The Ethereum blockchain has launched its first Pectra testnet, which is expected to benefit the Ethereum price and trigger a bullrun for the cryptocurrency.
- Pectra combines two major updates, Prague and Electra, introducing new Ethereum Improvement Proposals (EIP) for enhanced functionality and user experience.
- The testnet rollout is happening in stages, with Holesky, Sepolia, and Hoodi serving different purposes and preparing for the main Pectra upgrade.
- The Pectra testnet launch is anticipated to strengthen the security and scalability of Ethereum, benefiting various projects built on the Ethereum blockchain.
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99Bitcoins
3w
206
Trump Pardon BitMEX Co-Founders: Time to Buy Crypto?
- President Donald Trump has issued a pardon to BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, as well as former employee Gregory Dwyer, clearing their legal records.
- The co-founders had previously pleaded guilty in 2022 to violating the Bank Secrecy Act for inadequate anti-money laundering measures in the cryptocurrency industry.
- This pardon is seen as a significant moment for the crypto industry and demonstrates Trump's growing support for Web3.
- The BitMEX co-founders faced charges in 2020 for failing to implement proper KYC and anti-money laundering protocols, resulting in fines and probation sentences.
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99Bitcoins
3w
4
Africa Crypto Week in Review: Quidax and Tether Unite to Crypto Education in Africa, Zambia Bitcoin Mining Powers Homes, Nigeria Reignites Feud with Binance
- Quidax and Tether form a new crypto Africa partnership for crypto education.
- Zambia Bitcoin mining startup powers rural areas with cheap hydroelectricity.
- Nigerian authorities reignite feud with Binance over alleged illicit financing.
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Coindoo
3w
434
Image Credit: Coindoo
Crypto Whales Stir Market with Massive Transactions: What You Need to Know
- A significant deposit of 659,415 Chainlink (LINK) tokens, valued at approximately $9.42 million, was made into Coinbase.
- An early Ethereum ICO participant transferred 1,700 ETH (worth around $3.18 million) to Binance, highlighting a significant gain.
- A whale moved 8.7 million LAYER tokens (valued at $11.13 million) to Binance, earning a profit of $4.63 million.
- The US government transferred 97,336 BTC (worth $8.46 million) and 884.33 ETH ($1.77 million) from seized assets linked to a crypto scam.
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TronWeekly
3w
324
Image Credit: TronWeekly
Dogecoin (DOGE) Price Forecast: Crucial $0.0900 Support Could Spark 20% Move
- Dogecoin is testing a key trend line, which previously acted as support in September 2024.
- A breakdown below both the trend line and the $0.0900 support could trigger a deeper downtrend.
- The Master Indicator suggests Dogecoin could be nearing an oversold situation.
- A bullish scenario for Dogecoin would involve a bounce off the trend line, with a push into the $0.1100-$0.1200 area.
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TronWeekly
3w
201
Image Credit: TronWeekly
XRP to $15? Key Price Levels Signal a Potential Liftoff
- XRP nears a crucial support zone before a potential rebound.
- Historical cycles suggest XRP could hit a new peak within 90 to 120 days.
- Market sentiment remains bullish, with targets as high as $15.
- April is expected to be a make-or-break month for XRP, determining its future direction.
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TheNewsCrypto
3w
333
Image Credit: TheNewsCrypto
Can XRP Rebound to $2.30 or Face a Further Fall Below $2.00?
- XRP drops 4.69% to $2.15 amid high volatility and weak buying pressure.
- Analyst warns of a $1.20 drop if the $2.05 neckline breaks in a bearish setup.
- Whale activity slows as XRP lacks catalysts and faces an uncertain outlook.
- XRP needs to break below $2.12 support before traders can potentially target $2.00.
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Coinpedia
3w
149
Image Credit: Coinpedia
XRP Price Prediction: Analyst Eyes $5 Target Despite 5% Drop
- XRP's price has taken a hit recently, along with Ethereum, Dogecoin, and Bitcoin.
- Factors such as fresh tariffs announced by President Trump and fear of a potential recession are causing market jitters.
- Crypto analyst Evan Aldo predicts that XRP might hit around $5.83 soon, but reaching $10 might be too ambitious.
- At present, XRP has dropped more than 5% and is trading at $2.14.
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TronWeekly
3w
286
Image Credit: TronWeekly
PEPE’s Bullish Reversal in the Works: Golden Cross and Strong RSI Point to Giga Pump
- PEPE has dropped 7% recently but is up 9% over the past week, signaling potential growth.
- PEPE is 72% below its all-time high, but upcoming altseason may push it to new highs.
- Bullish signals like MACD crossover, rising OBV, and strong RSI suggest a reversal is near.
- PEPE is trading above key EMAs and forming a Golden Cross, indicating continued upward momentum.
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Newsbtc
3w
258
Image Credit: Newsbtc
Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?
- Today, more than $14 billion worth of Bitcoin and Ethereum options are set to expire, potentially causing significant price changes and trading volumes.
- The aggregated options expiring include 139,000 Bitcoin options worth $12.1 billion and 301,000 Ethereum options worth $2.13 billion.
- The put-call ratios for Bitcoin and Ethereum options indicate differing levels of trader sentiment, standing at 0.49 and 0.39, respectively.
- Uncertainty over new tariffs and other market pressures further complicate the potential impact of the options expiration on the cryptocurrency market.
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15 Likes
TronWeekly
3w
109
Image Credit: TronWeekly
Dogecoin (DOGE) Remains Bullish Above $0.178 with Potential to Hit $1
- Dogecoin stays strong above key support, holding its bullish trend.
- The uptrend remains intact above $0.178, while falling below $0.164 could signal a downturn.
- If momentum holds and resistance breaks, DOGE could rally to $1.
- With Dogecoin showing resilience while many altcoins struggle, it remains well-positioned for a significant move.
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Coindoo
3w
157
Image Credit: Coindoo
Binance Founder: Token Prices Should Reflect Project Development, Not Listings
- Binance founder, CZ, emphasized that token prices should be driven by the development of the project, not by being listed on exchanges.
- While acknowledging the short-term impact of listings on liquidity and prices, CZ highlighted that the long-term value of a token should be determined by the project’s progress.
- CZ expressed support for the decentralized exchange (DEX) model, where users have the freedom to make their own trading decisions and token prices are based on project development.
- CZ commented on Coinbase's decision to list Binance Coin (BNB) in its futures market, stating that it was a result of the natural growth and development of the project.
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