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TronWeekly
4w
293
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Crypto Market Buzz: Cardano, Huma Finance, Monero & Top Coins Driving the Market
- The crypto market is abuzz with Cardano's ADA trending with staking rewards and DeFi involvement, Huma Finance focusing on financial inclusivity, and Monero facing scalability challenges but remaining prominent with its privacy-focused approach.
- Santiment has highlighted Cardano, Huma Finance, Monero, Ethereum, Chainlink, Aave, and others as gaining interest in the market with staking rewards, price actions, and ecosystem additions.
- Cardano is seeing a bullish trend, offering significant staking rewards and making strides in DeFi while facing community divisions over proposals. The development of staking, NFT market, and partnerships contribute to ADA's interest and volatility.
- Huma Finance is gaining traction for financial inclusivity by allowing users access to Huma tokens via crypto wallets and engaging community members actively.
- Monero is rising despite scalability challenges, with discussions on how it fares against traditional financial entities in transaction rates. Suggestions like Layer 2 technology aim to enhance transaction bandwidth while preserving privacy.
- Ethereum remains a key player in the crypto market and DeFi space due to its high transaction volume, dynamic pricing, testnets, and network enhancements leading to increased relevance.
- Chainlink's decentralized oracle network and its support for DeFi infrastructure contribute to its importance. Aave has seen a significant uptick with staking and network upgrades, while Sushiswap's liquidity and governance capabilities also attract attention.
- Other rising currencies like Avalanche (AVAX) are under scrutiny for future growth forecasts and market performance, shaping the landscape of digital finance.
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Newsbtc
4w
17
Ethereum Whales Feast While Retail Flees—ETH Ocean Just Got Hungrier
- Big Ethereum wallets are accumulating more Ether while small investors are cashing out as prices remain stagnant.
- Wallets holding between 1,000 and 100,000 ETH added nearly 1.5 million ETH over the last 30 days, now controlling over 41 million ETH.
- Ethereum's price has seen a modest increase of 5% in the last 14 days and 5.4% over the past month, trading around $2,625.
- Whales are showing interest in specific services like Ethereum Name Service and layer 2 networks with notable increases in activity.
- Institutional interest in Ethereum remains strong with US spot Ether products experiencing inflows before a minor pullback.
- Big wallets continue to accumulate while institutions invest in Ether through ETFs, indicating a positive sentiment toward Ethereum.
- Despite the current sideways trading, the accumulation of coins by big holders could lead to upward price movements when demand increases.
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Coinjournal
4w
173
Image Credit: Coinjournal
Hyperliquid price surges to all-time high with TVL crossing $2 billion
- Hyperliquid (HYPE) price reaches an all-time high above $44, with a rally of over 11% in the last 24 hours and over 25% in the past week.
- Total Value Locked (TVL) for Hyperliquid crosses $2.24 billion, showing a 7% increase in TVL within 24 hours.
- Bullish catalysts for HYPE include innovative DeFiLlama infrastructure and aggressive token buyback, contributing to the bullish outlook.
- The project's growing ecosystem and stablecoin architecture add to the positive sentiment.
- HYPE's open interest exceeds $2 billion, with derivatives volume jumping 29% to over $1.8 billion.
- Technical indicators like RSI and MACD suggest room for fresh gains, with a potential spike above $50 and a future run to $100.
- Profit-taking could lead to bulls defending price levels at $40 and $32.
- A whale holding a $HYPE long position with 4x leverage enjoys a floating profit exceeding $13.7 million as the price hits new ATH.
- HYPE's price surge coincided with a spike in TVL, fueled by a bullish setup indicating a possible breakout above $50.
- Key technical indicators suggest a bullish momentum, with potential for further price appreciation.
- HYPE's price could rally higher in 2025 with increased adoption of decentralized applications and financial incentives.
- The bullish scenario includes a run to the psychological $100 mark, supported by increased institutional interest.
- Hyperliquid (HYPE) continues to trend as one of the top coins in the market, with strong investor interest.
- Investors are optimistic about HYPE's price potential as it trades at all-time highs, with significant trading volume and institutional interest.
- The article originally appeared on CoinJournal.
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Coindoo
4w
155
Image Credit: Coindoo
Stablecoins Are the Highest Utility Form of Money, According to Circle CEO
- Circle CEO believes stablecoins are the highest utility form of money created.
- Stablecoins have strong adoption but real transformation is still ahead.
- Accessibility of financial technology and low programming costs are highlighted.
- Transaction speeds under one second and low costs are seen as crucial.
- Freedom to program and innovate with stablecoins seen as essential for true disruption.
- Programmable stablecoins could revolutionize payment systems and banking models.
- Decentralized financial infrastructure shift towards programmable stablecoins.
- Stablecoins could lead to global competition and better financial services.
- Circle, issuer of USDC, expected to play a significant role in this evolution.
- Industry leaders see stablecoins with open programmability as key to an efficient financial system.
- Circle CEO’s views echo those of other industry experts.
- Stablecoins have the potential to reshape finance by enabling greater efficiency and accessibility.
- Programmability of stablecoins highlighted as a key factor for transforming financial systems.
- Stablecoins offer the freedom to program and innovate, enabling new possibilities.
- The focus is on creating competitive, open financial systems with stablecoins.
- The industry is poised for disruption as programmable stablecoins become more prevalent.
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Coin Telegraph
4w
208
Image Credit: Coin Telegraph
Why is Solana (SOL) price up today?
- Solana's native token, SOL, surged 9.5% to $157, driven by increased trading volume.
- Speculation on a Solana spot ETF approval in the US boosted SOL's rally.
- Polymarket's odds for Solana ETF approval reached 91%, with several asset managers filing for ETFs.
- Institutional interest surged, with Invesco and Galaxy Digital planning a Solana ETF Trust in Delaware.
- Solana futures open interest hit a two-year high at 45.87 million SOL, signaling strong institutional participation.
- The OI, totaling $6.86 billion, indicates leveraged bets on SOL's price trajectory.
- SOL's bull flag formation on the daily chart suggests a potential price target of $315.
- Analysts predict that ETF approvals could drive SOL to new all-time highs, potentially hitting $1,300.
- The SOL/USD pair needs to surpass the 50-day SMA at $161 for a sustained recovery.
- The daily RSI rose to 50, reflecting increasing bullish momentum.
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Coinjournal
4w
57
Image Credit: Coinjournal
Polyhedra’s ZKJ nosedives 83%: what happened?
- Polyhedra Network's ZKJ token price plummeted 83% in 24 hours, reaching lows of $0.26 due to profit-taking and abnormal liquidity crisis.
- Top holders of ZKJ reported substantial losses amidst the sharp decline in price.
- The crash was part of a wider crypto market sell-off triggered by investor concerns over escalating tensions between Israel and Iran.
- On-chain data revealed significant withdrawals of liquidity from the ZKJ/KOGE trading pair, leading to a cascade of liquidations.
- Binance announced adjustments to Alpha Points calculation rules to enhance market fairness and stability.
- The near-term outlook for ZKJ remains bearish with potential further declines below $0.25, despite the possibility of recovery to $0.30-$0.40 range.
- Long-term prospects will hinge on addressing manipulation allegations and improving market sentiment.
- Polyhedra Network's price is currently 96% below its all-time high of $9.56 from March 2024.
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99Bitcoins
4w
422
Seriously WTF Happened to Altcoin Season? Gold Reaches ATH As Crypto Crashes
- Altcoin season has been less prominent this year compared to Bitcoin's performance.
- On-chain analytics platform Alphractal predicts a potential shift in the altcoin market.
- Altcoin dominance metrics are approaching historically significant levels, hinting at a rally.
- The market may be preparing for another altseason in the upcoming months.
- However, some skeptics believe that many altcoins from previous years have peaked in value.
- There is a debate about the utility of altcoins and whether they are merely speculative assets.
- Bitcoin faced a drop in value due to geopolitical tensions between Israel and Iran.
- Despite the turmoil, institutional investors showed interest in Bitcoin.
- Gold reached a multi-week high amid escalating tensions and weaker U.S. inflation data.
- Traders are watching for a potential climb towards the all-time high of $3,500 for gold.
- Uncertainty looms ahead of the Fed's policy meeting.
- The market awaits to see how Bitcoin, altcoins, and gold perform amidst ongoing volatility.
- Altcoin season's future remains uncertain amidst contrasting viewpoints in the crypto space.
- Geopolitical events continue to influence market sentiment and asset prices.
- There is a wait-and-see approach regarding the performance of Bitcoin, altcoins, and gold.
- Inflation concerns and labor metrics are key focal points as investors monitor Powell's actions.
- Gold, Bitcoin, and altcoins may benefit from market volatility but their performance remains to be seen.
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TheNewsCrypto
4w
377
Solana (SOL) Climbs to $156 with a 6% Surge, Can This Bullish Energy Push It Higher?
- Solana (SOL) has surged by 6.64% to $156 with a daily high around $157.13, breaking key resistance levels.
- SOL's market cap stands at $82.7 billion with a trading volume surge of over 97.21% to $4.45 billion.
- The market cap has reached $3.32 trillion with assets showing mixed sentiment as fear and greed index holds at 50.
- Bitcoin (BTC) is trading near $106.5K, while Solana has recorded $14.14 million worth of liquidations.
- Technical indicators reveal a potential shift towards bullish momentum for SOL with moderate buying pressure.
- On the chart, SOL may test resistance at $157.43 and aim for $158, while a downside correction could target $155.93.
- Daily RSI at 64.23 indicates bullish territory with potential overbought conditions for SOL.
- Bull Bear Power (BBP) at 11.93 shows bullish dominance, supporting upward price movement.
- Michael Saylor met Pakistani leaders to discuss support for crypto development.
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Coindoo
4w
217
Image Credit: Coindoo
What’s Moving the Crypto Market? 10x Research Explains
- Part one of a two-part Crypto Trends Chart Book by 10x Research addresses macro and asset-specific changes shaping investor behavior.
- Bitcoin falls below its 30-day moving average, signaling short-term caution, but strong institutional inflows and rising treasury allocations support long-term sentiment.
- Ethereum attracts inflows via ETF channels, but potential near-term volatility is suggested by large token transfers and high open interest.
- Solana sees optimism around ETF-related amendments, trading near $145 with institutional backing despite funding concerns.
- Cardano and Polkadot are reportedly considering shifting treasury assets towards BTC and stablecoins, reflecting a broader loss of confidence in their ecosystems.
- Avalanche faced heavy selling post-ETF delays but rebounded due to strong user activity; TON recovered from network congestion after a bond announcement and DeFi integrations.
- Tron benefits from supply cuts and stablecoin volumes, maintaining price stability; XRP's progress remains tied to the unresolved SEC case despite APAC investments and SWIFT-alternative narratives.
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TronWeekly
4w
57
Image Credit: TronWeekly
XRP Future Forecast: Can It Reach $27 or Will It Face a Downturn?
- XRP's price could potentially rise to $24 or even $27, driven by market cycles and increasing adoption.
- Blockchain technology could unlock trillions in liquidity, revolutionizing industries globally.
- Tokenization in real estate and cross-border payments may enhance XRP's demand by improving market efficiency.
- Discussions between analysts Egrag Crypto and Dr. Y reveal differing opinions on XRP's future price potential.
- Dr. Y suggests a potential decline for XRP due to economic factors and geopolitical tensions.
- Egrag Crypto remains bullish, predicting XRP's price to reach $24-$27 based on blockchain technology and tokenization benefits.
- Real estate tokenization could leverage blockchain technology, opening new opportunities for XRP in a $280 trillion market.
- Blockchain solutions could simplify cross-border payments, potentially positioning Ripple as a key player in enhancing liquidity.
- Egrag Crypto emphasizes the positive impact of blockchain on XRP's future, despite Dr. Y's concerns.
- The increasing popularity of blockchain and market cycles drive Egrag Crypto's confidence in XRP exceeding $24.
- Key factors such as blockchain adoption and tokenization could play a pivotal role in XRP's growth and industry transformation.
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TronWeekly
4w
248
Image Credit: TronWeekly
Notcoin (NOT) Dips 0.53 percent, with RSI Toward the Oversold Range
- NOT token dipped 0.53% as bearish pressure persists, trading below major support.
- RSI on the 4-hour chart is nearing oversold territory, indicating potential selling exhaustion.
- Bollinger Bands are narrowing downward, hinting at an upcoming sharp price movement.
- NOT's native token, Notcoin, decreased by 0.53% and is valued at around $0.0165.
- Bearish momentum is building up, supported by selling interest and weaker market sentiment.
- Volumes traded were low, making a bullish reversal challenging.
- RSI close to 30 suggests potential for price bounce, but confirmation is needed.
- MACD shows a bullish crossover forming, but weak buying pressure.
- Potential short-term correction expected, though price weakness risks persist.
- Tightening Bollinger Bands indicate a possible breakout, with lower band acting as support.
- Intermediate resistance at $0.00257, with upper band at $0.00277 as potential target if momentum reverses.
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Coindoo
4w
93
Image Credit: Coindoo
7 Token Unlocks to Watch Closely Over the Next 3 Days
- Token unlocks in the next 3 days can impact market volatility and prices based on liquidity catalysts.
- Arbitrum (ARB) with a $30.18 million unlock may challenge short-term price support.
- Astar (ASTR) has a smaller unlock of $244,940, but price movements may rely on broader sentiment.
- ApeCoin (APE) unlocking $10.33 million may trigger sharp reactions despite high token circulation.
- EigenLayer (EIGEN) has undefined supply, potentially leading to emotional market reactions.
- Fountain (FTN) has the largest unlock at $89.00 million but with 90% supply already released, pressure is expected unless demand offsets supply.
- Saga (S) and ZKJ also have unlocks happening, impacting prices based on limited data and circulating supply percentages, respectively.
- Investors should be cautious during token unlocks and monitor on-chain flows, order book reactions, and sentiment data for navigation.
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Cryptoticker
4w
439
Image Credit: Cryptoticker
Pengu Clash Launch: What It Means for $TON and $PENGU Token Prices
- Pengu Clash is a Telegram-native multiplayer game featuring penguin avatars from the Pudgy Penguins NFT collection.
- The game includes real-time mini-games like curling, football, and darts developed by Igloo Inc. on the TON blockchain.
- Registration for Pengu Clash involves starting the official bot on Telegram, joining the waitlist, and completing social tasks.
- The full game launch is set for June 18, 2025, with over 2 million early sign-ups confirmed.
- TON (Toncoin) powers the TON blockchain and Pengu Clash transactions with a current price of $1.06.
- $TON short-term outlook is below $1.10, supported by strong on-chain growth, with a 2025 forecast of $1.50–$2.00.
- $PENGU is the ecosystem token linked to Pudgy Penguins, gaining utility through Pengu Clash with a current price of $0.00982.
- $PENGU saw a surge in May and is predicted to reach $0.012–$0.015 in the short term and $0.025–$0.05 by the end of 2025.
- Pengu Clash's success is significant for crypto investors due to its integration of Web2 scale and Web3 mechanics, impacting both $TON and $PENGU tokens.
- Investors see $TON as a solid mid-to-long term token, while $PENGU is more speculative with potential upside driven by utility and market sentiment.
- Pengu Clash's full launch on June 18 could serve as a catalyst for both $TON and $PENGU tokens.
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Coindoo
4w
219
Image Credit: Coindoo
Crypto Events to Watch This Week: Key Launches and Announcements
- The weekly watchlist curated by @TheDeFinvestor highlights upcoming crypto events that could impact DeFi, altcoins, and Bitcoin.
- Key events include Arbitrum's DeFi Renaissance Incentive Program voting, Coinbase's integration of Base tokens on Aerodrome, and Solana ETF issuers providing amended S-1 forms to the SEC.
- Other significant events to watch are Virtual's Backroom genesis launchpad launch, Huma Finance's staking rewards activation, Sonic's Season 2 Airdrop Campaign, and the FOMC interest rate decision on June 18.
- Starknet Staking v2 is also set to go live next week, potentially affecting the protocol's staking mechanism.
- Investors should pay attention to these events as they could influence market sentiment, price movements, and capital flows.
- The crypto community awaits these developments with interest for potential momentum shifts.
- The post emphasizes the importance of staying alert to macro and micro shifts in the crypto space.
- Traders and investors are advised to be vigilant as catalysts unfold.
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TronWeekly
4w
133
Image Credit: TronWeekly
TIA Eyes Breakout: Falling Wedge Signals Bullish Reversal Toward $4.20
- TIA is forming a falling wedge pattern, indicating a bullish reversal with key support at $1.74 and resistance targets at $2.20, $2.75, and $3.40.
- Technical indicators suggest growing bullish momentum and a possible trend reversal for Celestia (TIA).
- Increased trading volume and market interest hint at a strong breakout if buyers engage at current levels.
- TIA is trading at $1.74 with a market capitalization of $1.17B, showing potential for an upward momentum amidst market volatility.
- Analysts believe TIA has strong bullish potential as it approaches a critical technical level, testing the bottom edge of a falling wedge.
- The falling wedge pattern indicates easing selling pressure and a possible rally in the future if confirmed by price and volume.
- The technical configuration is attracting interest, but confirmation by price and volume is essential before identifying a trend reversal.
- Potential upside targets for TIA include $2.20, $2.75, $3.40, and $4.20, with each level representing historical supply areas.
- Traders are monitoring TIA for a breakout that could lead to an extended bull run if key resistance levels are breached.
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