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TheNewsCrypto
3w
229
Image Credit: TheNewsCrypto
Zcash (ZEC) Shows Signs of Recovery As Price Soars 12% In A Week
- Zcash (ZEC) price surged 38% and is currently trading at $38.47.
- Technical indicators such as RSI and MACD signal strong buyer momentum in ZEC.
- ZEC is showing signs of recovery, breaking the 50-day EMA and approaching the 200-day EMA.
- A significant hurdle at $40 may initiate a bullish rally for ZEC.
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TronWeekly
3w
55
Image Credit: TronWeekly
Hyperliquid (HYPE) Trader Loses $1 Million After Failed Market Manipulation
- A trader on Hyperliquid lost nearly $1 million after attempting to manipulate the market for Hyperliquid and JELLY token.
- Hyperliquid intervened and shut down trading for JELLY memecoin at $0.0095 to prevent a potential platform loss of $240 million.
- Trading volume increased by 443%, causing the HYPE token to drop 10% and reflecting market uncertainty.
- Hyperliquid's treasury took a short position of $5 million, resulting in losses of $10.63 million as the price of JELLY token rose.
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TheNewsCrypto
3w
295
Image Credit: TheNewsCrypto
FLOKI Surges 10%—Can It Break Key Resistance Levels?
- FLOKI price jumped over 10%, reaching $0.00007603 before settling at $0.00007112.
- FLOKI's CMF at 0.17 signals strong capital inflow, reinforcing bullish momentum.
- FLOKI saw a significant price surge of 10% in the past 24 hours, accompanied by a 98% increase in daily trading volume.
- Technical indicators suggest a bullish outlook for FLOKI, with potential for further upside if it holds above $0.000070 and breaks key resistance levels.
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TheNewsCrypto
3w
365
Image Credit: TheNewsCrypto
HYPE Token Drops 10% as Hyperliquid Struggles with Market Backlash
- Hyperliquid's USDC reserves dropped from $2.58B to $2.02B after the JELLY controversy.
- HYPE token fell 10% in 24 hours, with trading volume surging 443%.
- Bitget CEO criticized Hyperliquid's actions, likening it to FTX.
- Hyperliquid grapples with $340 million in USDC outflows following fallout from the JELLY token controversy.
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21 Likes
TheNewsCrypto
3w
158
Image Credit: TheNewsCrypto
Maker (MKR) Rallies 8%, Eyeing Key $1.5K Resistance Level
- Maker (MKR) has rallied over 8% and is currently trading around $1.4K.
- MKR's daily trading volume has surged by over 184%.
- Maker's price has seen a 12.63% surge in the last seven days, with a potential breakout above $1.5K.
- The Relative Strength Index (RSI) suggests MKR is overbought, and the Bull Bear Power (BBP) indicates strong bullish momentum.
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9 Likes
99Bitcoins
3w
167
Crypto Firms Urge Congress to Challenge DOJ’s Broad Legal Case Against Tornado Cash Developers
- A coalition of 34 crypto firms and advocacy groups is urging Congress to push back against the US Department of Justice's legal interpretation used in the case against Tornado Cash developers.
- The coalition argues that the DOJ's current stance could criminalize nearly all blockchain software developers.
- The DOJ's interpretation of 'money transmitting business' poses a threat to the entire digital asset development ecosystem in the United States.
- Despite the Treasury removing Tornado Cash from the sanctions list, Coinbase insists the legal issues at the core of the case remain unresolved.
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99Bitcoins
3w
321
Majority of Argentinians Lose Trust in President Milei Amid $4.6B Libra Crypto Scandal
- A recent poll reveals that nearly 58% of Argentinians distrust President Javier Milei following the LIBRA crypto scandal.
- Milei's La Libertad Avanza party leads with 36.7% support ahead of the upcoming election.
- Authorities are now seeking a global arrest warrant for Libra co-creator Hayden Davis amid mounting legal pressure.
- Public trust in Argentina for President Milei has dropped sharply, with 57.6% expressing distrust following the $4.6B Libra crypto scandal.
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19 Likes
Coinpedia
3w
211
Image Credit: Coinpedia
SUI Price Analysis—SUI Breaking Out, May Trigger a 25% Upswing to Reach $3.3
- SUI price is gaining momentum after rebounding from local lows.
- Walrus Protocol mainnet launch is driving the rise in SUI price.
- SUI price expected to trigger a 25% upswing and reach $3.
- SUI price displaying buying opportunities and potential for a 100x rally.
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12 Likes
Coindoo
3w
277
Image Credit: Coindoo
XRP Faces Potential Downturn, According to Crypto Expert’s Recent Analysis
- Experienced trader Peter Brandt warns of a potential downturn for XRP based on a head and shoulders (H&S) pattern in the coin's price chart.
- The H&S pattern suggests a shift from upward to downward momentum if XRP breaches the support level at $1.90.
- Brandt projects a potential price target of $1.07 if XRP falls below the support level.
- Brandt emphasizes that his prediction is based on data and he remains neutral on XRP.
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16 Likes
99Bitcoins
3w
304
DeFi and Stablecoin Crypto Updates: Nostra Pauses Borrowing, USDC Hits Japan, Bullish?
- DeFi lending protocol Nostra pauses borrowing against xSTRK and sSTRK due to a price feed error
- Nostra advises users to withdraw funds to avoid unnecessary liquidation risks
- Cryptocurrency firm Circle launches USDC stablecoin in the Japanese crypto market
- USDC becoming authorized for use in Japan can bring fresh money into crypto
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18 Likes
99Bitcoins
3w
405
IRS DeFi: What You Need to Know About Crypto Taxes
- Decentralized finance crypto scored a major win in 2025. The US Senate voted 70-28 to scrap the IRS DeFi broker rule, a heavily criticized holdover from the Biden era.
- The rule, many argued, threatened to suffocate innovation in a sector built on decentralization.
- The repeal of the IRS DeFi broker rule sends a clear signal to the crypto industry that Washington is paying attention.
- The IRS DeFi broker rule demanded tax reporting on gross crypto transaction proceeds and user data, which was seen as a bureaucratic overreach and a threat to innovation.
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24 Likes
Coindoo
3w
83
Image Credit: Coindoo
U.S. State to Unveil Groundbreaking State-Backed Stablecoin This July
- Wyoming is set to introduce its own stablecoin, WYST, by July, in partnership with LayerZero.
- WYST will be fiat-backed and fully reserved, maintaining its peg to the US dollar.
- Wyoming is evaluating different blockchain platforms to host the stablecoin.
- The stablecoin project aims to fund public projects using capitalization from reserves.
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5 Likes
99Bitcoins
3w
290
Wyoming Stablecoin: Are Stablecoins About to Kill Federalization? WYST Crypto Launch
- Wyoming stablecoin project, WYST crypto, is set to launch this summer as the first U.S. fully-reserved, fiat-backed stablecoin.
- WYST, the Wyoming Stable Token, is a dollar-backed stablecoin with overcollateralization and reserves of at least 102% of tokens in circulation.
- Wyoming plans to leverage WYST not just as a financial tool, but also for funding education and infrastructure through interest income from reserve assets.
- By trialing WYST on major blockchain networks and employing cross-chain technology, Wyoming aims to set a new benchmark for stablecoin issuers and promote greater blockchain adoption.
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17 Likes
99Bitcoins
3w
436
SEC Crypto Task Force: Trump Neuters The SEC Before Crypto Bullrun
- The SEC Crypto Task Force is progressing with the return of the Securities Clarity Act, aiming to untangle the legal mess surrounding digital assets.
- The bipartisan legislation, introduced by Reps. Tom Emmer and Darren Soto, would define the legal status of digital assets and provide clarity for the industry.
- The Act aims to separate digital assets from securities contracts, reducing compliance challenges and promoting innovation.
- The Securities Clarity Act is part of a broader effort in Congress to define digital asset regulations while supporting innovation and maintaining oversight.
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26 Likes
Coinpedia
3w
427
Image Credit: Coinpedia
Crypto Market News for Today—CRV, MKR, CFX Spike While MOVE, IP and Hype Face Huge Losses
- Crypto markets are consolidating after a minor surge, with Bitcoin above $87,000 and Ethereum above $2,000.
- Curve DAO Token (CRV) price shows signs of an ascending trend, with rising volume and bullish technical indicators.
- Maker (MKR) price indicates growing market attention, with bullish candles, rising volume, and a potential rise above $1,800.
- Some altcoins are recovering while others, including MOVE, IP, and HYPE, face significant losses.
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