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TronWeekly
3w
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Image Credit: TronWeekly
ONDO Price Holds Strong Support, Eyes Bullish Breakout Toward $3
- ONDO is currently trading at $0.7802, marking a 3.45% increase over the last 24 hours.
- Despite a weekly drop of 8.30%, bullish signs suggest a potential recovery for ONDO.
- Key support lies at the $0.7428 VWAP level, crucial for maintaining ONDO's bullish structure.
- Holding this support may pave the way for a long-term price target of approximately $3.
- ONDO has recently experienced notable volatility but with positive long-term indicators.
- The token's market value is $0.7802, with a trading volume of $169.63 million in the last 24 hours and a market cap of $2.46 billion.
- Technically, the focus is on ONDO hovering above the critical $0.7428 support level, aligning with the Volume Weighted Average Price (VWAP) indicator.
- Traders are closely watching if ONDO can sustain this level, known historically for catalyzing price breakouts.
- Recent candlestick patterns near the VWAP indicate a pivotal moment with potential for a reversal or increased buying activity.
- Maintaining position above the VWAP is crucial for ONDO's upward momentum and a potential breakout towards $3.
- Achieving the $3 target hinges on sustaining VWAP support and strong trading volume to confirm bullish trends.
- Market sentiment remains cautiously optimistic as ONDO navigates the critical VWAP support level for future price gains.
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99Bitcoins
3w
123
DoJ Files $225M Civil Forfeiture Case Linked to Crypto Scam Perpetrated by Disgraced CEO Shan Hanes
- A Department of Justice (DoJ) complaint reveals that a civil forfeiture case is targeting over $225 million in laundered USDT linked to disgraced CEO Shan Hanes.
- Hanes, the former CEO of Heartland Tri-State Bank, embezzled over $47 million, leading to the bank's collapse in 2023.
- Scammers employed a complex scheme involving over 93 deposit accounts, 100 intermediary wallets, and utilizing OKX accounts for fund transfers.
- OKX provided critical information to identify the laundering network operating through shared IP addresses and KYC documents traced to a Manila-based crypto scam center.
- The DoJ estimated a $3 billion transaction volume from the Manila-based network.
- Hanes is referred to as both a perpetrator and victim in the DoJ complaint, with details of wire transfers and victims of the crypto scam revealed.
- The collapse of Heartland Tri-State Bank resulted in a $35 million deficit, leading to emergency borrowing and eventual shutdown by regulators.
- Hanes was sentenced to 24 years in prison for embezzlement and other thefts, with the DoJ considering him a victim of the pig butchering scam.
- Seized USDT assets from the scam are likely to go to the FED's crypto stockpile, although total compensation for victims remains uncertain.
- Hanes lost a significant portion of his stolen funds to a pig butchering scam and investigators traced the laundering activities to the Philippines.
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TronWeekly
3w
264
Image Credit: TronWeekly
Dogecoin Triggers Rare Bearish MACD Crossover; Eyes Drop to $0.12
- Dogecoin has triggered its rare third-ever bearish MACD crossover on the monthly chart, historically signaling prolonged price weakness.
- Previous bearish MACD crosses in 2018 and 2022 led to major downturns and extended bear market phases for DOGE.
- The current macroeconomic uncertainties and tightening monetary policies amplify downside risks amid this bearish signal.
- Dogecoin is trading at $0.1711 with a 24-hour trading volume of $2.27B and a market cap of $25.63B.
- The Moving Average Convergence Divergence (MACD) indicator is closely watched in technical analysis to identify momentum shifts.
- A bearish MACD crossover on the monthly chart signifies potential long-term trend reversals.
- This third-ever bearish MACD crossover in Dogecoin's history is considered a rare and significant event.
- The previous bearish crossovers in 2018 and 2022 preceded major market downturns for DOGE.
- Amid the third bearish crossover in 2025, traders and investors are cautious due to macroeconomic uncertainties and market conditions.
- Market experts suggest that while historical patterns are valuable, current circumstances may lead to different outcomes.
- The repetition of the rare bearish crossover and external pressures indicate potential price vulnerability for Dogecoin.
- The three bearish MACD crosses on Dogecoin's monthly chart highlight significant retracements and bear phases.
- This cautionary indicator suggests that DOGE holders should be prepared for additional declines or extended consolidation periods.
- Dogecoin's price dynamics may be influenced by wide-ranging changes in market conditions over the coming months.
- Traders are advised to stay vigilant and maintain cautious positioning in light of the bearish MACD crossover and market uncertainties.
- Bitcoin Leverages Drop: Is $104K the Bottom Before the Next Bull Run? - Related article discussing Bitcoin price levels.
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Coinjournal
3w
132
Image Credit: Coinjournal
AERO price jumps 20% as it defies crypto downturn
- Aerodrome Finance's native token, $AERO, has surged by 20%, reaching $0.96 despite a broader crypto market downturn.
- The recent Coinbase integration appears to be a key driver of AERO's price surge.
- Tensions in the Middle East have contributed to market uncertainty, but $AERO remains resilient.
- Investors are cautious amid geopolitical risks impacting global markets.
- AERO is on the cusp of surpassing $1, a level not seen since early 2024.
- The token has outperformed Bitcoin and many altcoins, climbing 20% in a single day and 74% over the past week.
- $AERO's price surge is attributed to Coinbase's integration of Aerodrome Finance, the second-largest DEX on Base.
- A 1.3× boosted airdrop for Coinbase One users and new token launch fees for stakers have fueled investor enthusiasm.
- Analysts predict $AERO could reach $1.50 in the near term, with long-term potential to hit $2 by year-end.
- AERO's ties to Coinbase and dominance on Base position it as a leader in the DEX space.
- With over 1 million tokens locked for governance and public goods, the protocol's fundamentals remain robust.
- Despite potential market volatility, $AERO's unique catalysts suggest continued outperformance.
- The token's recent price surge is supported by strong community sentiment and increased platform visibility.
- Aerodrome Finance holds the 2nd highest score in @Blockworks_ new Token Transparency Framework, fostering trust in crypto.
- The next resistance for $AERO lies at $1.04, potentially propelling the token towards $1.50.
- Market fluctuations, including potential pullbacks to $0.70 or $0.60, could impact $AERO's trajectory.
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99Bitcoins
3w
251
FOMC and Canadian ETF Debut Fail To Pump XRP Price: What Catalyst Does XRP Need?
- XRP price is currently below $3.50 despite the launch of three spot XRP ETFs in Canada and FOMC expectations in the U.S.
- XRP has seen an uptrend and risen in market cap rankings, making it one of the best cryptos to buy.
- Bulls are optimistic and expect XRP prices to rise above key resistance levels at around $2.40 and $2.60.
- The launch of Canada's first spot XRP ETFs by Purpose Investments, 3iQ, and Evolve ETFs was aimed at driving prices up.
- Shares issued by spot XRP ETFs in Canada are directly backed by XRP, providing a clear route for institutional exposure.
- In the U.S., the SEC has not yet approved any spot XRP ETFs, but heavyweights like Franklin Templeton and 21Shares have applied.
- The FOMC meeting in the U.S. kept rates steady, disincentivizing aggressive positions in crypto assets like XRP.
- The market still expects two 25-basis-point rate cuts in 2025 based on the FOMC Dot Plot.
- Seven FOMC members now support no cuts in 2025, and the central bank remains data-dependent.
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Coindoo
3w
44
Image Credit: Coindoo
Whale Transactions Spike Over 400% on Top Gainers, According to Santiment
- Whale transactions on top gaining projects surged over 400% in the past 30 days, as per Santiment data.
- Top 5 altcoins with highest increases in $100K+ whale transactions include Render (RNDR), SPX6900 (SPX), Sky (SKY), BitDAO (BIT), and UNUS SED LEO (LEO).
- Notable gainers also include stablecoins Dai (DAI) and USDC on Optimism, along with Optimism (OP) and Aave (AAVE) showcasing interest in Layer-2 and DeFi platforms.
- The spike in whale activity coincides with market ranging conditions, suggesting strategic accumulation by large holders.
- Historically, sharp rises in whale transactions may indicate position accumulation before significant price movements or reallocation during low volatility periods.
- Traders are advised to monitor tokens like Render and SPX6900 for potential breakout momentum once broader market trends become clear.
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TronWeekly
3w
273
Image Credit: TronWeekly
XRP Breakout Alert: Technical Indicators Align for Potential Rally Above $3.60
- XRP is on the verge of a potential breakout as various technical indicators align.
- Notable patterns include a cup and handle formation and tight EMA compression.
- Key support is at $2.07 with upside targets at $2.22 and $3.61.
- XRP's price action has been compressing within a narrowing range, indicating a potential sharp move.
- The cup and handle pattern, combined with Fibonacci levels, suggest a bullish breakout.
- EMA compression indicates indecision in the market, potentially leading to strong breakouts.
- XRP is currently within the Ichimoku Cloud, highlighting the building pressure and narrowing range.
- Traders are awaiting confirmation of a breakout, with key levels defined at $2.07 and $2.22.
- A breakout above $2.22 could lead to a rally towards $3.61 as a longer-term objective.
- Investors should monitor the overall cryptocurrency market sentiment and macroeconomic news.
- XRP's price direction in the coming weeks will be influenced by the convergence of technical indicators.
- The market awaits a decisive move for XRP as it approaches critical price levels.
- The decision point is imminent, offering opportunities for traders based on price movements.
- XRP's fate hangs in the balance as it nears key technical levels.
- The coming days are expected to bring rapid price changes for XRP, presenting trading opportunities.
- The cryptocurrency market continues to experience volatility, affecting XRP's potential breakout.
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TronWeekly
3w
247
Image Credit: TronWeekly
XLM Builds Strong Momentum, Eyes Explosive $0.63 Bullish Rally
- XLM is trading at $0.2488 with a $170.5M volume, showing resilient investor engagement.
- Despite short-term weakness, XLM is gradually building strength for upward movement.
- A bullish pennant pattern suggests potential gains targeting $0.35, $0.44, and $0.63.
- XLM has faced downward trajectory amidst market volatility, stabilizing between $0.19 and $0.22.
- XLM's market capitalization stands at $7.76 billion, indicating continued investor confidence.
- Technical analysis shows a bullish pennant pattern supported by the 200-day EMA.
- Possible mid-term price targets for XLM are $0.35, $0.44, and $0.63.
- Candlestick patterns around support indicate consolidation before potential market direction changes.
- A breakout above the pennant's top edge could lead to sustained upside for XLM.
- XLM's outlook depends on investor interest and broader market trends.
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99Bitcoins
3w
278
Now That Chainlink is Dead What’s The Next Big Thing?
- Chainlink is recognized for building plumbing in the crypto space, facilitating connection between blockchains and real-world data.
- Chainlink's 2025 roadmap highlights plans like the Chainlink Runtime Environment (CRE) and Smart Value Recapture (SVR) to enhance decentralized ecosystems.
- Expansion into capital markets, Cross-Chain Interoperability Protocol (CCIP), and government integrations are essential components of Chainlink's future plans.
- Co-founder Sergey Nazarov believes 2025 will be crucial for blockchain integration with real-world applications.
- Chainlink's recent price action has seen fluctuations but analysts expect it to hold between $11.62 and $15 in the near term.
- Chainlink's role in DeFi is vital as it is relied upon by numerous platforms for oracles and is expanding into real-world asset markets.
- Chainlink aims to cement its position as a universal standard for blockchain interactions, with its advancements like CCIP and government integrations.
- Despite social media commentary on price volatility, Chainlink is poised for potential growth, especially in a bullish market.
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99Bitcoins
3w
269
Aerodrome AERO DeFi Crypto Defies Gravity After Major JP Morgan Move
- AERO cryptocurrency surged 17% as Aerodrome TVL surpasses $1 billion, driven by potential boost from JP Morgan's move to endorse DeFi tokens.
- AERO, the governance token of Aerodrome, a top DEX on Ethereum layer-2 Base, rose while Bitcoin and Ethereum declined.
- AERO token aims for $1 target and fresh Q2 2025 highs amidst market gains.
- Aerodrome's TVL exceeds $1 billion with notable trading fee generation and pivotal role in facilitating token swaps.
- JP Morgan's endorsement of Base through JPMD launch boosts AERO's prospects, potentially attracting institutional flows into DeFi space.
- The move signifies confidence in DeFi and Ethereum, establishing Base as a preferred platform for institutions.
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Bitcoinist
3w
172
Image Credit: Bitcoinist
TRON Price Dips, But On-Chain Growth Tells a Different Story
- TRON (TRX) is experiencing a decline in price, currently trading at $0.2683, marking a 4% drop in 24 hours and nearly 10% over the past week.
- Despite the price decrease, on-chain data indicates growth in TRON's ecosystem in terms of user activity and operational strength.
- Analysts have noted a disparity between price performance and network fundamentals.
- Transactions on TRON's blockchain have been consistently increasing, reaching over 9 million transactions daily with a high success rate.
- The network's block production has remained stable, showcasing its ability to handle increased demand without disruption.
- Even with higher global transaction fees, activity on the network has not decreased.
- TRX's on-chain indicators demonstrate operational resilience and efficiency.
- Objective blockchain data provides a more accurate measure of network health compared to speculation around external associations.
- The TRON ecosystem is expanding with the growth of DeFi services and integration of the USDT issuance platform.
- Despite the current price trends, TRON's core infrastructure appears to be scaling reliably.
- These positive signals may influence investor sentiment if the market stabilizes.
- The article analyzes TRON's on-chain growth amidst price decline and highlights the network's capacity to handle increased demand.
- TRON's operational strength is showcased through transaction metrics and network stability.
- The focus on objective blockchain data rather than speculative news supports the view of TRON's efficiency.
- The ecosystem's resilience is underscored by the expansion of DeFi services and USDT integration.
- Overall, TRON shows promise in maintaining its operational reliability despite market fluctuations.
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TronWeekly
3w
167
Image Credit: TronWeekly
XRP Breakout Incoming: Calm Movement Signals Possible $5 Surge
- XRP's sideways trend suggests possible strength before a breakout to $2.65 and potentially $5.
- Analysts view the calm movement as a tactical setup signaling a potential bullish breakout.
- Gradual increment in XRP's price has attracted attention as a strategic move.
- Slow progress aligns with trends predicted by analysts since March.
- Potential breakout to $2.65 and then $5 discussed, with short-term chart updates crucial to validate.
- Analyst suggests holding below the 21-day EMA for four days to lay foundation for bullish breakout.
- Short-term tactical approach recommended by analysts for XRP and its community.
- July could see the long-awaited rally of XRP, with anticipation of breaking critical resistance levels.
- Market sees XRP's silence as preparation rather than weakness, coiling under the EMA.
- XRP's current value is $2.17, with a 24-hour trading volume of $2.85 billion.
- Analysts emphasize collective stability within the XRPFamily for future gains.
- XRP movement indicates a potential surge amid discussions of a breakout.
- Market analysts suggest a tactical pause for XRP before a potential bullish leap in July.
- XRP's recent movements hint at a structured pause aiming for a breakout in the foreseeable future.
- Possibility of XRP hitting $2.65 initially, with potential to reach $5 in subsequent moves.
- Silence in the XRP market is considered strategic rather than indicative of weakness, fostering anticipation for a breakout in July.
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TheNewsCrypto
3w
132
Aerodrome Finance Explodes 17% as Bulls Target Epic $2.00 Mark
- Aerodrome Finance (AERO) shows a strong bullish momentum with a 17% intraday surge and higher high formations signaling buyer control.
- Technical indicators like RSI and MACD support a bullish bias with RSI at 70.15 and MACD showing positive momentum above the signal line.
- AERO on the daily technical chart displays strong bullish signs, potentially continuing its positive trend.
- Moving averages indicate a bullish trend with the price trading above the 50-day EMA and the 200-day EMA.
- The price rebounded off key support levels and is now testing resistance areas near $1.00, with higher highs and higher lows showing buyer control.
- At $0.953, AERO has surged by 17% intraday with a trading volume increase suggesting strong buying momentum.
- Bullish bias is confirmed by RSI at 70.15, indicating further potential price appreciation towards $1.5 and $2.00 levels.
- MACD histogram shows increasing positive momentum, supporting the bullish outlook for AERO.
- Social sentiment indicators, technical breakout patterns, and positive moving average alignment hint at AERO's potential rise.
- Traders should monitor the $1.00 resistance level, as a clear breakthrough could pave the way to previous highs around $2.00.
- Risk management is crucial, with the 200-day EMA serving as a dynamic support during pullbacks.
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Coindoo
3w
75
Image Credit: Coindoo
South Korea’s Central Bank Warns Won Stablecoins Could Boost Dollar Demand
- South Korea's central bank warns that issuing won stablecoins may increase the demand for dollar stablecoins.
- The governor's concerns conflict with the new South Korean President Lee Jae Myung's pro-stablecoin agenda.
- The central bank emphasizes the importance of robust risk controls and regulatory measures.
- South Korea aims to use KRW-backed stablecoins to prevent capital flight and maintain financial sovereignty.
- The central bank does not oppose the issuance of won stablecoins but highlights the need for safeguards.
- The diverging views between the central bank and the executive branch signify a challenge in balancing innovation with financial stability.
- Tension exists between the central bank's caution and the president's push for digital currency innovation.
- The central bank warns of complicating foreign exchange oversight by introducing won stablecoins.
- Lee Chang-yong stresses the need for careful approaches and appropriate regulatory frameworks for won stablecoins.
- The central bank seeks to avoid unintended macroeconomic consequences from the introduction of won stablecoins.
- The conflicting viewpoints reveal the broader challenge of balancing innovation and financial sovereignty in the digital asset realm.
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Bitcoinist
3w
428
Image Credit: Bitcoinist
Asia’s 1st Public Crypto Firm, MemeStrategy, Scores Historic SOL Win
- MemeStrategy, a Hong Kong Stock Exchange-listed firm, purchased 2,440 units of Solana (SOL) for about HKD 2.9 million.
- The average cost per SOL token was HKD 1,191, with the purchase facilitated by OSL Group.
- MemeStrategy plans to leverage Solana's developer base and institutional users to establish a presence in Web3 infrastructure.
- The firm aims to bridge AI, blockchain, and culture by engaging with Solana and exploring new ways to connect apps with real-world finance.
- MemeStrategy intends to run validator nodes on Solana's proof-of-stake network for consistent rewards through staking.
- The company sees staking as a way to generate steady income streams while contributing to securing the blockchain.
- Following the Solana purchase announcement, MemeStrategy's stock price surged by 28% to HKD 2.57 on Monday.
- Investors view the move positively, seeing it as a signal of MemeStrategy's active participation in the crypto space.
- Other firms like DeFi Development Corporation, Upexi Inc., Sol Strategies, and Classover have also added SOL to their treasuries.
- MemeStrategy's initiative marks the first such move by a Hong Kong-listed company in the crypto sector.
- The company's decision to invest in SOL could influence more public firms in Hong Kong to consider similar moves as regulations evolve.
- Monitoring the performance of MemeStrategy's SOL stake may serve as a benchmark for other companies eyeing proof-of-stake tokens.
- This development indicates the growing interest from public companies in integrating crypto assets into their treasuries.
- The market responded positively to MemeStrategy's strategic investment in SOL, highlighting the enthusiasm for prominent entities supporting smart-contract platforms.
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