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Cryptocurrency News
Newsbtc
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XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level
- The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level.
- A TradingView analyst predicts a surge toward $3.3 for XRP if it can break above its descending resistance.
- XRP is currently holding above a critical support zone at $2.3 to $2.2, and if maintained, it could see a major recovery back to previous highs.
- An expert sets an ambitious target of $30 for XRP, although it is met with skepticism from some community members.
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Bravenewcoin
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275
Image Credit: Bravenewcoin
Suddenly, a Strategic Bitcoin Reserve Looks Increasingly Likely
- The Trump administration is considering the establishment of a strategic Bitcoin reserve, including prominent altcoins, under President Trump's renewed, crypto-friendly administration.
- Coinbase CEO Brian Armstrong, Bitcoin advocate Michael Saylor, and Robinhood CEO Vlad Tenev will join the summit to discuss the future trajectory of crypto.
- The strategic reserve signals a reversal of Trump's initial crypto skepticism and highlights the growing political and economic influence of cryptocurrencies.
- Critical questions remain regarding the reserve's funding, operational frameworks, legislative support, and potential executive orders concerning tax treatment for cryptocurrencies.
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Bitcoinist
1w
108
Image Credit: Bitcoinist
Bitcoin Adoption Growing Despite Volatility, But This Key Group Is Cashing Out
- The adoption of Bitcoin is growing despite its volatility, as indicated by the increase in addresses for small investor groups (0 to 0.1 coins and 0.1 to 100 coins).
- However, the number of addresses belonging to large holders (100+ coins) has seen a decline, which may be a sign of concern.
- The initial crash in Bitcoin's price led to an increase in address counts for small investor groups, but volatility caused some investors to exit the market.
- Bitcoin's price has recovered and is now above $90,000.
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Livebitcoinnews
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Vietnam to Unveil Crypto Rules in March
- Vietnam plans to introduce a legal framework for cryptocurrency regulation in March.
- The government aims to establish pilot digital currency trading exchanges.
- New regulations are expected to help businesses issue virtual assets for financial growth.
- Vietnam is prioritizing blockchain technology and aims to become a leading nation in the field by 2030.
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Blockonomi
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Image Credit: Blockonomi
Dogecoin (DOGE) Investors Are Crowding to This Crypto Predicted to Rocket 2600% in the Next 5 Months
- Dogecoin (DOGE) holders are turning their attention to BinoFi, a hybrid crypto exchange token predicted to rise 2600% in the next five months.
- BinoFi is a project that offers a hybrid crypto exchange model, combining the advantages of centralized and decentralized platforms.
- BinoFi's hybrid liquidity model ensures best prices, fast execution, and improved trading experience compared to decentralized exchanges (DEXs).
- BinoFi's focus on transparency, decentralized control over assets, and regulatory compliance is attracting Dogecoin investors looking for long-term potential and utility.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
$500 to $500K? OFFICIALMAGACOIN.IO, XRP, and SOLANA Could Be Crypto’s Biggest Breakout Stars!
- Cryptocurrency MAGACOIN PRESALE is gaining attention as a potentially high-reward opportunity.
- With a presale already raising over $4.2 million, MAGACOIN OFFICIAL is aiming for life-changing returns.
- Compared to XRP and Solana, MAGACOIN PRESALE offers a staggering ROI of 3080.37%.
- MAGACOIN OFFICIAL's exclusive presale model and strong community support contribute to its momentum.
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Bitcoinsensus
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Image Credit: Bitcoinsensus
What to Expect of March 7th’s Crypto Summit
- The U.S. will host its first-ever Crypto Summit on March 7, focusing on the Strategic Crypto Reserve and featuring industry leaders and government officials
- Bitcoin, Ethereum, and XRP are expected to be included in the U.S. Strategic Crypto Reserve, signaling a shift in their status to strategic financial assets
- The summit could redefine cryptocurrency’s role in global finance, with discussions on regulation, innovation, and the future of digital assets
- The U.S. Government will hold the first-ever 'Crypto Summit' on March 7, with key figures like Ripple CEO Brad Garlinghouse expected to attend
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Coin Telegraph
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Image Credit: Coin Telegraph
Core Scientific shares drop 18% as Microsoft cuts CoreWeave deals
- Shares of Bitcoin miner Core Scientific (CORZ) dropped 18% on March 6 after Microsoft reduced its commitment to CoreWeave.
- CoreWeave missed deadlines and had issues delivering materials needed to scale AI models, resulting in Microsoft scaling back its contracts.
- Core Scientific, one of the largest publicly listed Bitcoin miners, signed a $100 million deal with CoreWeave in 2024 to provide data center services.
- Shares of other Bitcoin mining companies fell as the US stock market faced struggles, with Cipher Mining, CleanSpark, and Bitfarms experiencing declines.
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Crypto-News-Flash
1w
8
Image Credit: Crypto-News-Flash
Bigger Than Shiba Inu? This Token Could Turn $5,000 into $505,000 Faster Than SHIB Did in Its Prime
- Rexas Finance (RXS) is gaining traction as a potential contender to outperform Shiba Inu (SHIB) in terms of returns.
- Shiba Inu experienced significant gains through speculative investing, while Rexas Finance offers real-world utility and has strong foundational value.
- Rexas Finance enables the tokenization of real assets, with projections of a $50 billion market by 2025 and $16 trillion by 2030, driving long-term exponential growth.
- With a successful presale, promising upcoming listings, and a deflationary token model, Rexas Finance has the potential to turn a $5,000 investment into $505,000, possibly surpassing SHIB's historic rise.
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Crypto-News-Flash
1w
275
Image Credit: Crypto-News-Flash
Crypto’s Next Market Leader? MAGACOIN OFFICIAL, XRP, and SOLANA Could Lead in 2025!
- MAGACOIN OFFICIAL, XRP, and Solana are potential leaders for 2025 in the cryptocurrency market.
- MAGACOIN OFFICIAL raised $4 million during its presale, with a potential ROI of +44,350% for early participants.
- XRP could reach $8 to $25 by 2025-26, benefiting from improved regulatory clarity.
- Solana, known for high-speed transactions, is forecasted to potentially reach $520 to $1,500 by the end of 2025.
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Bitcoinist
1w
355
Image Credit: Bitcoinist
Bitcoin Miner Optimism Returns: Hashrate Jumps 8% From Crash Lows
- Bitcoin has witnessed a recovery in the hashrate, indicating optimism among miners.
- The hashrate measures the computing power connected to the Bitcoin network.
- The hashrate experienced a significant crash in February, possibly due to bearish price action.
- Despite recent price volatility, the hashrate continues to rise, suggesting bullish sentiment among miners.
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TheNewsCrypto
1w
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Image Credit: TheNewsCrypto
Tron (TRX) Eyes Range Breakout: Can Bulls Push Price to $0.30?
- TRX is consolidating within a range, with resistance at $0.2569 and support at $0.2178.
- Technical indicators suggest rising momentum, including RSI climbing above halfway mark and a bullish MACD crossover.
- Analyst Ali Martinez points to a potential parallel channel breakout with a key support at $0.17.
- A breakout above $0.2569 could lead to a rally towards $0.30 for TRX.
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Coin Telegraph
1w
108
Image Credit: Coin Telegraph
Bitcoin price rebound breaks down before key level is hit — Here is why
- Bitcoin price briefly reclaimed $92,000 before reversing as S&P 500 fell 1.3%.
- US economic warning, rising tensions in Ukraine, and uncertainty over US digital asset strategic reserves kept Bitcoin's price under $95,000.
- S&P 500 volatility index reached highest levels in 11 weeks, indicating risk-averse investor sentiment.
- Increase in money circulation due to worsening economic conditions could be favorable for Bitcoin.
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NullTX
1w
213
Image Credit: NullTX
BITCOIN CASH PRICE ANALYSIS & PREDICTION (March 6) – BCH Breaks Out of Three-Month Resistance Following a 20% Surge, Signals Bullish
- BCH breaks out of a three-month resistance following a 20% surge.
- The price broke out of a descending trendline, indicating bullishness.
- Key resistance levels to watch are $445, $500, and $565.
- The spot price of BCH is currently $405.
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NullTX
1w
112
Image Credit: NullTX
ONDO PRICE ANALYSIS & PREDICTION (March 6) – Ondo Leads Rally as RWA Tokens Resurge, Explodes 25%
- Ondo experienced a major gain as it formed a bullish pattern on the daily chart.
- The price of Ondo dropped after facing rejection and causing panic among investors.
- The price of Ondo is on the verge of breaking up; a strong close above last week's high should set a new tone in the market.
- The key resistance levels for Ondo are $1.23, $1.44, and $1.64, while the key support levels are $0.99, $0.867, and $0.73.
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