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99Bitcoins
3w
378
Will dYdX Buyback Program Pump DYDX Crypto In April?
- dYdX, a decentralized trading platform, has launched a buyback initiative to repurchase DYDX tokens from the market.
- The program allocates 25% of net protocol fees, potentially repurchasing $11 million worth of DYDX tokens annually.
- The buyback utilizes a Time-Weighted Average Price strategy and stakes the tokens to validators, cutting circulating supply and reinforcing network security.
- Future upgrades and a potential increase in the buyback rate to 100% could further impact the value of DYDX crypto.
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Newsbtc
3w
387
Image Credit: Newsbtc
Ethereum Price Eyes Major Resistance At $2,100 As Analyst Reveals Bullish Price Range
- The Ethereum price is targeting new highs but faces major resistance at $2,100.
- Crypto analyst Ben Gray predicts bullish market for Ethereum, with resistance at $2,160.
- There are indicators suggesting Ethereum has formed a bottom, according to Gray's analysis.
- Other analysts believe Ethereum is ready for a bullish reversal and new highs.
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TronWeekly
3w
400
Image Credit: TronWeekly
Will Ethereum Break $2,200 or Slip Back to $1,800 Support?
- Ethereum is struggling to break the $2,200 resistance level and risks falling towards the $1,800-$1,900 support zone.
- Cryptocurrency analyst Crypto Patel predicts a potential breakout for Ethereum after April, supported by macro trends and on-chain metrics.
- Despite the accumulation phase, Ethereum lacks a clear catalyst to drive a rally towards the $10,000 target.
- Bulls are eyeing a breakout for Ethereum, but a failure to maintain momentum could result in a slide back to the $1,800 to $1,900 support level.
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24 Likes
99Bitcoins
3w
374
Coinbase Pushes for Crypto-Friendly Policies in Canada, Emphasizes Reforms To Remain Globally Competitive
- Coinbase urges Canada to adopt crypto-friendly policies and implement reforms to remain globally competitive.
- Around five million Canadians hold digital assets, but there is a disconnect between the existing financial system and the population.
- Coinbase warns that Canada risks falling behind other countries in crypto adoption and highlights the upcoming elections as an opportunity for policy changes.
- Coinbase suggests initiatives such as clear regulations, public-private collaboration, education, and tax clarity to establish Canada as a leader in the global crypto economy.
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TronWeekly
3w
396
Image Credit: TronWeekly
DOGE’s SuperTrend Flips Bullish As Elon Musk’s Cryptic Tweet Fuels Hope
- DOGE’s SuperTrend indicator signals potential bullish shift if it breaks $0.21.
- Elon Musk’s 'Lion King' meme sparks DOGE optimism, hinting at Musk's focus.
- Institutional interest in DOGE surges with Grayscale's fund launch and MACD breakout signals.
- Traders eyeing $1 price goal for DOGE amidst rising momentum and meme coin rally.
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99Bitcoins
3w
83
Hyperliquid vs. Binance and OKX: JELLY Trading Rocks HYPE and DeFi
- Hyperliquid's JELLY token faced clashes with Binance and OKX, impacting DeFi and crypto trading as HYPE prices dropped by 10%.
- The showdown involved a Solana meme coin, Jelly, surging 300%, causing potential liquidation issues for Hyperliquid.
- The event uncovered vulnerabilities in DeFi and questioned the claimed decentralization of platforms like Hyperliquid.
- Hyperliquid differentiates itself by processing high trading volumes in a low-fee environment and ensuring liquidity for users.
- A trader's manipulation on JELLY caused a price crash on Hyperliquid, prompting a significant short position and losses for liquidity providers.
- Binance and OKX listed JELLY, potentially exacerbating the crisis for Hyperliquid but were met with swift actions from the platform.
- Hyperliquid managed the crisis by delisting JELLY, closing positions at a strategic price point, and protecting user funds from a significant liquidation.
- Amid backlash and accusations of centralized actions, HYPE prices fell, and concerns were raised about Hyperliquid's integrity and decentralized claims.
- Supporters defended Hyperliquid's actions as effective crisis management in the face of external pressures and heightened volatility.
- The incident serves as a lesson for decentralized exchanges, emphasizing the need for resilience and strategic decision-making in times of crisis.
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TronWeekly
3w
435
Image Credit: TronWeekly
PEPE Bull Run? 300% Gain Possible If These 3 Levels Break
- PEPE is showing bullish reversal signs at key support levels, indicating potential significant price gains.
- An analyst has identified a double-bottom pattern on PEPE's chart, suggesting a shift from bearish to bullish trends.
- Short-term resistance targets for PEPE include $0.00002384, $0.00002965, and $0.00003466.
- PEPE's current price distribution resembles a double-bottom reversal chart pattern, with potential for triple-digit gains if bullish momentum continues.
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26 Likes
TronWeekly
3w
193
Image Credit: TronWeekly
Pepe Coin (PEPE) Jumps 5% Amid Market Drop as Whales Scoop Up $8.7M in Tokens
- Whales bought $8.7M worth of Pepe Coin with a fresh wallet, removing 500B tokens worth $4.3M from Binance.
- PEPE increased 13% in a week, breaking above the 50-day EMA and the $0.00000852 resistance level.
- Open interest hit $324M, and exchange reserves declined 0.73% to 240.7T tokens.
- PEPE's rally is consistent with growing investor accumulation, as exchange reserves decline and holders continue to hold their positions.
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11 Likes
99Bitcoins
3w
413
Should’ve Gone to Eton Kid: UK Financial Regulator Takes Aim at Young British Traders
- The head of the UK’s Financial Conduct Authority (FCA) expressed concerns about young British traders investing in crypto assets without understanding the risks, recommending a focus on traditional assets like stocks and bonds.
- The FCA aims to encourage equity and bond market investments among UK consumers for higher long-term returns as part of its new five-year strategy.
- Critics highlight the FCA's attempt to steer investors away from high-growth assets like crypto towards underperforming British stocks and bonds.
- Despite the FCA's warnings, younger generations lean towards digital asset investments, with a survey from Charles Schwab showing 62% of millennials considering investing in cryptocurrencies.
- The FCA's stringent regulation of crypto has resulted in many firms suspending services in the UK and seeking more favorable jurisdictions abroad like the UAE.
- The FCA justifies its tough stance on crypto by citing anti-money laundering standards, leading to a high rejection rate for businesses applying to operate as crypto firms in the UK.
- The FCA's refusal to approve certain firms has sparked backlash, with concerns raised about stifling innovation and driving crypto companies out of the UK.
- A December update on the FCA's crypto regulation roadmap indicates plans to provide full policy statements on crypto staking and market abuse in 2025.
- As the UK faces competition from countries like the USA and Dubai with more relaxed crypto regulations, the future of crypto investments in the UK remains uncertain.
- Young British traders facing restrictions on crypto investments are resorting to VPN access and alternative means to stay active in the market, adapting to the evolving regulatory landscape.
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24 Likes
Bitcoinsensus
3w
369
Image Credit: Bitcoinsensus
Solana Price Prediction: Is SOL About to Crash?
- Solana has broken structure, confirming the bearish trend.
- Price may retrace into key supply zones before potentially dropping further.
- Liquidity levels below the current price indicate potential stop-loss triggering.
- Flexibility and adaptability are crucial in navigating SOL's price movement.
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22 Likes
Bitcoinsensus
3w
8
Image Credit: Bitcoinsensus
HBAR Price Prediction: Big Move Coming? Read Now!
- HBAR rejected a key supply zone, now heading for equal lows.
- On the H2 timeframe, there’s a demand zone that looks interesting, indicating a possible bounce or further downside.
- HBAR has successfully tapped into key liquidity pools, reinforcing the idea that price movements aren’t random.
- The market is eyeing the equal lows as a likely target before any potential reversal.
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99Bitcoins
3w
180
Will HYPE Crypto Recover: Binance Is JELLYJELLY Of Hyperliquid
- HYPE crypto by Hyperliquid faced turbulence due to a whale manipulation scandal involving JELLYJELLY.
- Hyperliquid delisted JELLYJELLY after a trader exploited its price, causing a $12 million unrealized loss to the Hyperliquid vault.
- Binance and OKX listed JELLYJELLY crypto futures shortly after its delisting by Hyperliquid.
- The incident raised questions about whether HYPE crypto can recover from its recent 22% drop.
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10 Likes
TheNewsCrypto
3w
110
Image Credit: TheNewsCrypto
Will Chainlink Break Out of Present Consolidation, as Bulls Halt Recovery?
- Chainlink has recorded a modest price dip of 1.69% in the last 24 hours.
- The altcoin's daily trading volume has shown a mild increase of 4.37% as per CMC data.
- Chainlink shows signs of recovery from the past dips, with a 6.45% increase on the weekly chart.
- Bullish indicators suggest potential upward movements for Chainlink in the coming days.
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6 Likes
Bitcoinsensus
3w
171
Image Credit: Bitcoinsensus
XRP Price Prediction: Another Drop Incoming?
- XRP recently grabbed liquidity below, potentially leading to a bounce or more downside.
- The price is currently in an H1 demand zone, and the reaction from this zone will determine its next move.
- If buyers don't step in, XRP could see another drop and potentially target even lower liquidity levels.
- There is a possibility of a deeper push lower before any strong reversal, but the market's unpredictability makes it uncertain.
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10 Likes
TronWeekly
3w
422
Image Credit: TronWeekly
SHIB Pay Launching Soon: Analysts Predict 2x Price Surge After Key Resistance Break
- SHIB Pay aims to revolutionize crypto payments by eliminating banks and middlemen.
- Analysts predict a strong upside if SHIB maintains momentum above key resistance levels.
- The introduction of SHIB Pay, a payment platform on the blockchain, enables merchants to get paid in cryptocurrencies directly.
- SHIB price breakout signals and increasing trading volumes suggest a potential rally in the near future.
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