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Cryptocurrency News
Crypto-News-Flash
1w
236
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Bitcoin Holds Firm Despite Market Slowdown—Here’s What to Watch
- Bitcoin experienced a 12% drop to $83,600 in 48 hours, resulting in a 35% increase in trading volume.
- Institutional holdings of Bitcoin have reached $48 billion, indicating strong confidence in its long-term value and stability.
- Despite the recent decline, key indicators and on-chain activity suggest that the bull cycle for Bitcoin is still intact.
- U.S. crypto regulations and the inclusion of XRP in the Strategic Reserve could impact the market's trajectory and serve as a catalyst for Bitcoin's next price increase.
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NullTX
1w
84
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WhiteRock Finance: The Unsung Leader Bridging Traditional Finance and Crypto with Real World Assets
- WhiteRock Finance focuses on Real World Asset tokenization, bridging traditional finance with crypto using blockchain technology.
- The company has gained trust from institutional players and processed over $130 million in assets, indicating strong credibility.
- Key partnerships with industry giants like BlackRock and major exchanges enhance WhiteRock's access to institutional investors.
- WhiteRock's connections include Ethereum co-founder Vitalik Buterin, adding legitimacy to its platform.
- The company's vision aligns with the rising trend of asset tokenization, championing a new era in finance.
- WhiteRock's $WHITE token embodies its utility and governance functions, reflecting the platform's potential for growth.
- The increasing interest in $WHITE signifies WhiteRock's position as a serious contender in the real-world asset space.
- As tokenization gains momentum, WhiteRock stands out as a leader poised to reshape the future of finance through blockchain technology.
- The company's role in bridging traditional finance with blockchain could open new investment opportunities and change the landscape of asset management.
- WhiteRock's growth indicates its potential to influence how value is held and transferred, showcasing the rapid rise of asset tokenization.
- With its innovative approach and strategic partnerships, WhiteRock is positioned to play a significant role in the evolving realm of real-world assets and blockchain technology.
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Blockonomi
1w
172
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Reddit Co-Founder Alexis Ohanian Joins Bid to Acquire TikTok & Move It to Blockchain
- Reddit co-founder Alexis Ohanian has joined Project Liberty's bid to acquire TikTok's US operations
- The plan involves bringing TikTok 'onchain' using the Frequency blockchain protocol
- The goal is to give users ownership of their data and creators control of their audience
- Project Liberty founder Frank McCourt calls it 'The People's Bid' with a focus on transparency
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Blockonomi
1w
223
Image Credit: Blockonomi
Ethereum (ETH) Price: Tests Critical Support While Whale Profit Ratios Return to Bear Market Levels
- A major Ethereum whale sold 40,000 ETH worth $89.9 million in two days, triggering a 13% price drop to around $2,000 over a week.
- With the weekly RSI at its lowest level since May 2022, possible further decline is indicated, supported by increased exchange deposits of 60,000 ETH in two weeks.
- Analysts draw parallels to 2019 ETH behavior during Federal Reserve tightening, implying a potential downtrend continuation.
- Data suggest a bearish trend as Ethereum whales' profit ratios hit bear market levels despite the higher ETH price compared to the past.
- The bearish sentiment is reinforced by the negative unrealized profit ratio in the 1,000 to 10,000 ETH whale cohort, signaling possible further selling.
- Macro concerns, like Trump's trade tariffs and a looming recession probability, add pressure to the crypto market amidst declining total market capitalization.
- ETH struggles compared to Bitcoin, down 41.6% in the past year, with some analysts noting similarities in price action between the current ETH cycle and the 2019 Federal Reserve tightening.
- Despite the negative sentiment, some analysts stay optimistic, noting historical ETH price behavior around key levels like the 21-Day EMA on the 3-Month chart.
- Technical analysis reflects declining ETH exchange balances - at a 9-year low - potentially supporting price scarcity and hinting at long-term price strength.
- Currently trading around $2,126, ETH faces a critical support test at $2,000, with a potential further downside if breached, while historical patterns and supply dynamics leave room for reversal if market conditions change.
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NullTX
1w
97
Image Credit: NullTX
Upcoming Token Unlocks: Ethena Labs ($ENA) Leads with $718M in Potential Market Impact
- The upcoming token unlocks in the cryptocurrency market, including Ethena Labs ($ENA) leading with a potential $718 million impact, are causing significant market anticipation.
- Ethena Labs is set to unlock nearly 66% of its total market capitalization, with investors closely monitoring the potential impact on the token's price and market sentiment.
- Large token unlocks have historically led to increased short-term volatility, affecting price movements and market sentiment.
- Ethena Labs' unlock of $ENA tokens worth $718 million is expected to have a profound impact on its investors and core contributors.
- While $ENA's price is currently down, the unlock event could lead to varied outcomes, depending on how insiders and early investors react.
- Other upcoming token unlocks to watch include Kaspa ($KAS), MOVE ($MOVE), Aptos ($APT), Strike Protocol ($STRK), Sei Network ($SEI), and Arbitrum ($ARB).
- The unlock events represent critical moments for the projects involved and are closely monitored for their impact on market dynamics.
- Investors are advised to observe these unlock events for potential strategic trades and to gauge market sentiment shifts.
- The unlock events can lead to short-term volatility but may also signal long-term growth opportunities for the projects involved.
- These imminent unlock events are expected to shape market dynamics and present opportunities for sustained growth in the long term.
- It is essential for investors and project teams to monitor these events closely and convert volatility into opportunities for growth.
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Blockonomi
1w
265
Image Credit: Blockonomi
Bitcoin (BTC) Price: Trading Range Set Between $80K-$100K for Next Quarter
- Bitcoin experienced high volatility, reaching $109,114 before dropping to around $78,248.
- BTC is currently trading at $87,070, showing signs of recovery with a 4% uptick.
- Analysts predict Bitcoin will remain between $80K-$100K for the next 2-3 months.
- Strong selling pressure nullified gains from Trump’s crypto reserve announcement.
- Market sentiment currently shows “Extreme Fear” according to the Crypto Fear & Greed Index.
- Bitcoin is in a corrective phase expected to last 2-3 months, trading between $80,000 and $100,000 before potentially rallying towards $130,000.
- The recent volatility in Bitcoin followed President Trump’s crypto reserve announcement, leading to a surge and subsequent drop in prices.
- Market analysts are cautious about Bitcoin's short-term price direction amidst uncertainties and upcoming economic events.
- Crypto market sentiment remains in the 'Extreme Fear' category, indicating widespread uncertainty among participants.
- Investors are advised to brace for potential sideways trading as Bitcoin navigates through its corrective phase, with optimism for substantial rallies in the future.
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NullTX
1w
295
Image Credit: NullTX
NASDAQ Files to List Grayscale Hedera ETF: A Major Step for $HBAR and Broader Crypto Adoption
- In a significant move, Nasdaq has filed a 19b-4 with the SEC to list and trade the Grayscale Hedera (HBAR) ETF, which could pave the way for broader crypto adoption.
- The approval of the Hedera ETF by the SEC would mark a milestone for Hedera and the entire cryptocurrency market, showcasing increased institutional interest in digital assets.
- Grayscale's filing of the 19b-4 for the Hedera ETF demonstrates the potential of the Hedera network within the digital asset ecosystem, given its unique features and institutional support.
- Hedera's use of the Hashgraph consensus algorithm allows for faster and more secure transactions compared to traditional blockchain networks, making it an attractive option for institutional investment.
- The potential approval of the Hedera ETF would provide investors with exposure to HBAR in a regulated manner, bridging traditional and decentralized finance.
- The launch of the Grayscale Hedera ETF could significantly raise the profile of Hedera within the crypto sphere, potentially leading to increased visibility, institutional interest, and liquidity.
- If approved, the Grayscale Hedera ETF could serve as a signal of growing acceptance of alternative cryptocurrencies by regulatory bodies and open doors for mainstream investors.
- The SEC's decision on the Hedera ETF approval could impact the future of altcoin ETFs, demonstrating a potential shift towards mainstream adoption of cryptocurrencies.
- Grayscale's move towards a Hedera ETF highlights a pivotal moment for $HBAR and the broader crypto landscape, signaling a growing interest from institutional investors in alternative assets.
- The possibility of a Hedera ETF listing on Nasdaq represents an important step towards increasing accessibility and acceptance of altcoins in the investment scene.
- The establishment of vehicles like the Grayscale Hedera ETF could contribute to the integration of altcoins into mainstream investment portfolios, marking a significant development in the crypto market.
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Blockonomi
1w
143
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Metaplanet Boosts Bitcoin Holdings with $44 Million Purchase as Stock Surges
- Japanese investment firm Metaplanet has purchased an additional 497 Bitcoin for $43.9 million, bringing their total holdings to 2,888 BTC.
- Metaplanet now holds 2,888 BTC worth approximately $251 million as the stock market responded positively to their Bitcoin strategy.
- Metaplanet achieved a year-to-date Bitcoin yield of 45.1%, exceeding their quarterly target of 35%.
- Bitcoin whales have purchased over 20,000 BTC since the price fell below $88,000 on February 24.
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TheNewsCrypto
1w
227
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Cardano (ADA) Bounced Back After Dropping 24% In a Day
- Cardano (ADA) price experienced high volatility but recently broke out above key EMAs.
- Last week, ADA price surged by 38% following the announcement of Trump's US crypto reserve.
- Currently, ADA price is trading above key EMAs, and RSI and MACD indicators indicate a bullish trend.
- If ADA successfully breaks the $1 psychological level, a potential rally is expected.
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Fintechnews
1w
50
Image Credit: Fintechnews
Singaporeans Should Stay Clear of Cryptocurrencies, Says Alvin Tan
- Singapore's Minister of State for Trade and Industry and Culture, Community and Youth Alvin Tan advised that consumers should stay clear of cryptocurrencies, citing their high volatility, speculation, and lack of fundamental value.
- MAS (Monetary Authority of Singapore) has consistently warned the public about the risks of dealing in cryptocurrencies and has imposed stricter regulations, prohibiting digital payment token service providers from offering credit or leverage to retail customers, and banning the use of locally issued credit cards for cryptocurrency purchases.
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NullTX
1w
248
Image Credit: NullTX
Cryptocurrency Buzz Intensifies as President Trump Announces U.S. Crypto Strategic Reserve
- Former U.S. President Donald Trump's proposal for a U.S. Crypto Strategic Reserve, including top cryptocurrencies like Bitcoin, Ethereum, Cardano, XRP, and Solana, has sparked significant buzz in the crypto market.
- The proposal aims to provide official legitimacy to select cryptocurrencies and integrate them into the U.S. financial framework, leading to heightened discussions and attention within the crypto community.
- Cardano and XRP have garnered particular interest due to their potential inclusion in the reserve, which could boost their credibility and investor confidence.
- Bitcoin and Ethereum stand to benefit from increased visibility and status as part of the proposed U.S. Crypto Strategic Reserve, potentially solidifying their positions in the digital asset landscape.
- Solana and Crypto.com have also been in the spotlight, with Solana's inclusion in the reserve driving newfound interest and concerns over possible token dilution with Crypto.com's $CRO.
- The announcement highlights the significance of the reserve in mainstream crypto adoption in the U.S., but it also raises questions about market volatility and the future impact on digital assets.
- The crypto community remains divided between optimism and skepticism regarding the reserve's potential effects on the cryptocurrency market and its potential role in advancing digital assets' acceptance in the U.S. economy.
- The ongoing discussions underscore the evolving landscape of cryptocurrencies and the unpredictable journey towards mass adoption, emphasizing the need for cautious research and decision-making in crypto investments.
- Disclaimer: This summary does not constitute trading or investment advice. It is recommended to conduct thorough research before engaging in cryptocurrency purchases or investments.
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Crypto-News-Flash
1w
286
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BlackRock Warns of Bitcoin Supply Shock: Not Enough BTC Supply for US Millionaires
- BlackRock warns of a potential supply shock in Bitcoin as wealthy investors rush to accumulate BTC.
- Bitcoin's limited supply and growing institutional demand may lead to scarcity and drive BTC prices higher.
- BlackRock confirms Bitcoin's fixed supply and emphasizes its intrinsic value in an increasingly digital world.
- If every millionaire in the United States wanted just one Bitcoin, there wouldn't be enough to meet the demand, highlighting Bitcoin's scarcity.
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Crypto-News-Flash
1w
329
Image Credit: Crypto-News-Flash
White House Hosts First-Ever Crypto Summit With Top CEOs
- President Donald Trump will host the first White House Crypto Summit, bringing top industry leaders and policymakers to discuss digital asset regulation and innovation.
- Eliminating capital gains taxes for US-based cryptocurrencies is one of the most discussed problems at the summit.
- The idea of a zero tax era for cryptocurrencies has been proposed, but there are concerns about potential legal loopholes and the impact on general tax policy.
- The summit also explores the potential of cryptocurrencies to revolutionize the financial system and the possibility of digital asset supremacy in the global economic conflict.
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Crypto-News-Flash
1w
75
Image Credit: Crypto-News-Flash
The Next Big Thing: BeerBear Could Hit 25,000% Before Summer
- The crypto market is buzzing with excitement as investors seek the next big moonshot, with BeerBear emerging as a hidden gem poised for a potential 25,000% surge before summer.
- While Solana (SOL) holds strong in the blockchain space, BeerBear stands out as a meme coin with immense profit potential due to its early accumulation phase and growing hype.
- BeerBear offers a unique opportunity for rapid gains, attracting both institutional and retail investors looking to capitalize on the meme coin craze.
- The token is designed to deliver explosive growth, with features like the 'Bar Brawl' game and a rewards system based on token purchases, offering up to 12% Beer Points for large contributions.
- BeerBear's presale stages are live, with early buyers potentially earning up to 1900% ROI as prices increase throughout the stages, emphasizing the importance of acting swiftly to maximize profits.
- The project also includes a USDT-BSC Multi-Level Referral Program to incentivize network building and generate passive earnings through a fast weekly payout system.
- As the clock ticks on the presale, hesitation could cost potential gains, making it crucial for investors to seize the opportunity presented by BeerBear before prices escalate further.
- BeerBear's unique value proposition and growth potential make it a standout choice for those seeking high returns in the rapidly evolving crypto market landscape.
- With the momentum building and expectations of a significant surge, BeerBear is positioned as a top contender in the meme coin space, ready to ride the wave of speculative frenzy to deliver substantial profits.
- Investors can visit beerbear.io to participate in the presale, join the community, and potentially reap substantial gains as BeerBear gains traction in the crypto market.
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