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Cryptocurrency News
Blockonomi
1w
310
Image Credit: Blockonomi
The Secret $0.03 Altcoin Even Chainlink (LINK) Investors Are Watching
- Some Chainlink (LINK) investors are now turning their attention to Mutuum Finance (MUTM), a new altcoin valued at $0.03, that offers a revenue-sharing DeFi ecosystem based on user interaction.
- $32,000 worth of Chainlink (LINK) has been converted to Mutuum Finance (MUTM) within a short period, with optimistic projections of a 5x return if Mutuum hits $0.15 post-launch.
- Mutuum Finance (MUTM) undergoes a CertiK audit, launches a Bug Bounty Program, and plans to integrate Layer-2 scaling for faster and cheaper transactions. Funds are secured by non-custodial smart contracts.
- Mutuum Finance (MUTM) offers two lending paths: Peer-to-Contract (P2C) for predictability and Peer-to-Peer (P2P) for flexibility, attracting users with different risk appetites and expanding across various asset types.
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TronWeekly
1w
272
Image Credit: TronWeekly
Bit Digital Shifts to Ethereum Treasury From Bitcoin: BTBT Surges Surges 26%
- Bit Digital completed its shift to an Ethereum-based treasury strategy, leading to a 26% surge in its stock price.
- The company used proceeds from a $172 million equity raise and bitcoin sale to acquire over 100,000 ETH worth nearly $189.2 million, making it one of the largest public corporate holders of ETH.
- Bit Digital aims to leverage Ethereum’s staking yield model for passive income, citing Ethereum's strong fundamentals and long-term viability compared to Bitcoin mining.
- The shift from Bitcoin to Ethereum, increased ETH holdings, and BTBT stock surge reflect a broader trend in the industry of crypto companies diversifying into Ethereum-based treasury models amid reduced BTC mining profitability.
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16 Likes
TheNewsCrypto
1w
127
Backtests by Veles — we Test Strategies without Risk
- Backtesting is a crucial tool for testing trading strategies using historical data without risking real money.
- Backtests help assess profitability, identify risks, and allow for adjustments in trading strategies.
- Platforms like Veles Finance provide accessible tools for conducting backtests even for beginners, offering features like analyzing profitability, drawdowns, and trading frequency.
- While backtesting doesn't guarantee future success, it helps in optimizing strategies and avoiding mistakes, with Veles Finance simplifying the process for traders through automation and intuitive interfaces.
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7 Likes
Bitcoinist
1w
110
Image Credit: Bitcoinist
Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details
- Ripple's CTO, David Schwartz, disclosed buying XRP at an extremely low price of $0.006, sparking discussions in the XRP community.
- Schwartz revealed he mined 250 Bitcoins in 2011 when the price was around $30 and later sold them to acquire XRP and Ethereum.
- His transparency about early XRP entry and Bitcoin mining activities showcases his involvement in cryptocurrency from an early stage.
- Schwartz's actions highlight his belief in more sustainable blockchain platforms than Bitcoin's energy-intensive model.
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TronWeekly
1w
408
Image Credit: TronWeekly
PENGU Consolidates at Critical Resistance Zone; Can It Break $0.015?
- PENGU prices are trading at $0.01463 with solid resistance at $0.015, hinting at a potential breakout or double top reversal.
- The 24-hour trading volume has reached $216.4 million, indicating growing market interest despite short-term price fluctuations.
- Key support is between $0.0124 and $0.0127, with a breakdown potentially leading to a price drop to $0.0075, while a breakout could target $0.023–$0.025.
- PENGU is showing increased interest within the crypto community, with a price up by 0.26% over the last week and currently trading at $0.01463. The coin is within an accumulation phase for potential upward movement.
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24 Likes
Bitcoinsensus
1w
328
Image Credit: Bitcoinsensus
Crypto in Macro: This Week’s Key Market Signals
- Upcoming economic reports this week will provide insights into the direction of crypto and financial markets.
- Key events include inflation expectations assessment by the Federal Reserve Bank of New York on Tuesday.
- Wednesday will see focus on the FOMC Meeting Minutes and the EIA's weekly crude oil inventories report.
- Continuing Jobless Claims report on Thursday and British GDP update on Friday will offer further market insights.
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19 Likes
Bravenewcoin
1w
268
Image Credit: Bravenewcoin
XRP Targets Breakout Above $2 as Bullish Trend Builds – Best Altcoins Primed for a Surge
- XRP is holding above $2.20 support amidst a volatile market, with bulls protecting it.
- Trading volume for XRP has surged, but caution is advised as Futures Interest drops.
- Analysts predict a crucial resistance level at $2.33 for XRP, signaling potential growth.
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16 Likes
Bitcoinist
1w
89
Image Credit: Bitcoinist
Bitcoin Institutional Pressure Builds – Coinbase Premium Reveals US Whale Accumulation
- Bitcoin is struggling to surpass the $112,000 all-time high and faces uncertainty as bulls defend key demand zones while bears anticipate a correction.
- Institutional players are believed to be influencing Bitcoin's price action, as indicated by the widening Coinbase Premium Gap, reflecting strong US-based buying pressure not fully reflected in ETF inflows.
- Bitcoin's resilience above $105,000 amid macroeconomic and political shifts, such as the passing of a new bill in the US, is supported by ongoing institutional demand highlighted by the unprecedented Coinbase Premium Gap nearing +$78.
- The bullish defense of support levels, including $106,000–$106,300 and the $103,600 demand zone, coupled with low volume and key moving averages, suggests potential for a breakout above $109,300 or a retreat back toward $103,600.
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5 Likes
Coindoo
1w
55
Image Credit: Coindoo
BlockDAG’s $0.0016 Pricing and Sports Partnerships Outshine SEI & Litecoin in the 2025 Web3 Race!
- BlockDAG (BDAG) is making strategic moves with its groundbreaking $0.0016 launch price ahead of its GLOBAL LAUNCH release, positioning itself uniquely in the market.
- SEI has seen a surge in price and user activity, with potential short squeeze setups indicating uncertainty despite positive social sentiment.
- Litecoin shows technical signals hinting at a potential rally following the Golden Cross pattern on its weekly chart, but caution is advised due to limited fundamental support.
- BlockDAG stands out with its $0.0016 entry price, sports partnerships with major leagues, X1 App attracting millions of users, and significant momentum, positioning itself as a top Web3 project for 2025.
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3 Likes
TronWeekly
1w
298
Image Credit: TronWeekly
FLOKI Forms Strong Base, Breakout Could Ignite 50% Rally
- FLOKI shows strength with a 10% weekly gain amidst altcoin recovery.
- Open interest in FLOKI rises to $49.88 million, indicating potential for a breakout.
- Price consolidates above key support, forming a strong base for an upward move.
- Breakout from a descending broadening wedge suggests a possible 50% rally for FLOKI.
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17 Likes
TronWeekly
1w
293
Image Credit: TronWeekly
Top Memecoin Buys for July 8: One Could Explode Your Portfolio
- Memecoins are gaining popularity among investors, providing opportunities for substantial portfolio growth.
- Investors are encouraged to explore lesser-known memecoins beyond popular ones like DOGE, PEPE, and SHIB for potential profits.
- Top memecoins highlighted for potential growth include REKT, trading at $0.00000034595 with a 24-hour high of 10.2% and a $146 million market cap.
- Other memecoins to watch are Memecore, trading at $0.1649 with a 24-hour high of 104.8%, and MIXIE, trading at $0.02339 with a 24-hour high of 10,593%.
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17 Likes
TronWeekly
1w
115
Image Credit: TronWeekly
Avalanche (AVAX) Poised for Breakout After Forming Double Bottom Pattern
- Avalanche (AVAX) has formed a double bottom pattern near key Fibonacci support, suggesting a potential breakout.
- Price needs to stay above $17.52 and break through $19.15 for bullish confirmation and momentum continuation.
- The weekly chart displays a double bottom and Bollinger Band support, offering a solid risk-reward setup.
- AVAX is showing indications of a potential breakout amidst recovering crypto markets, with technical setups and market recovery factors fueling optimism.
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6 Likes
TronWeekly
1w
183
Image Credit: TronWeekly
TON Foundation Clarifies UAE Golden Visa Project Status After Regulator Statement
- TON Foundation clarified that its Golden Visa plan does not have official endorsement from the UAE government.
- UAE regulators denied any involvement in a crypto-based visa program following TON's announcement.
- TON token price dropped over 10% after the visa initiative was flagged as unofficial by authorities.
- The TON Foundation is determined to develop responsible blockchain applications and digital asset solutions within compliant frameworks.
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11 Likes
Bravenewcoin
1w
242
Image Credit: Bravenewcoin
Jack Dorsey Tests Bitchat for Decentralized Messaging – Just Like Best Wallet for Your Crypto
- Block CEO Jack Dorsey introduces Bitchat, a decentralized, private messaging app operating offline.
- Bitchat doesn't rely on servers, uses end-to-end encryption, and doesn't require phone numbers.
- Decentralized messaging ensures security, privacy, and autonomy, a game-changer in the industry.
- Best Wallet, a non-custodial crypto wallet, emphasizes user control and confidentiality.
- Best Wallet Token ($BEST) aims to dominate the crypto wallet market with unique features.
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14 Likes
Bravenewcoin
1w
166
Image Credit: Bravenewcoin
Vietnam to Launch Crypto-Friendly Finance Hub in Da Nang as Snorter Token Hype Builds
- Vietnam plans to launch two International Financial Centres in Ho Chi Minh City and Da Nang.
- The Da Nang hub will focus on green finance, digital services, and stablecoin pilot projects.
- Da Nang, with its economic potential, has garnered significant investor interest and stablecoin initiatives.
- Investing in Snorter Token ($SNORT) could be lucrative amid Vietnam's financial developments.
- The token offers staking rewards, reduced trading fees, and potential for growth.
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9 Likes
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