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Cryptocurrency News
Cryptopotato
1d
48
Image Credit: Cryptopotato
Cat-Themed Meme Coin Soars After Binance Boost – Here’s What Happened
- MEW, a cat-themed meme coin, experienced a surge of almost 15% following its inclusion on Binance Alpha.
- MEW's price reached a six-week high of $0.003077 with a market capitalization of over $270 million.
- Binance's support has historically positively affected meme coins, resulting in increased liquidity and accessibility.
- Previous meme coins supported by Binance, such as MUBARAK and CAT, experienced significant price increases.
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Cryptopotato
1d
320
Image Credit: Cryptopotato
Trader Wagers Almost $100M on Bitcoin Dropping to $60K
- A trader has placed a massive options bet on Bitcoin, targeting a $60,000 price level for the cryptocurrency.
- This bearish bet represents deep pessimism about Bitcoin's short-term prospects amidst macroeconomic uncertainties.
- The investor purchased Bitcoin puts with a notional value of almost $100 million, indicating extreme risk hedging or highly leveraged speculation.
- Traders are paying hefty premiums for put options, reflecting a cautious outlook due to the uncertainty surrounding Bitcoin's near-term outlook.
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TronWeekly
1d
56
Image Credit: TronWeekly
Bitcoin Options Market Signals: $100M Put Trade and Its Implications
- A massive $100M Bitcoin put option trade signals caution, with institutions preparing for potential market downturns.
- The $60,000 strike price put options could protect portfolios, betting on a significant Bitcoin drop of 30% or more.
- Institutions are hedging against risk, indicating concern over medium-term stability in the Bitcoin market.
- The trade suggests a defensive approach and portfolio protection, rather than a quick profit motive.
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Kraken
1d
357
Image Credit: Kraken
RLUSD is available for trading!
- RLUSD is now available for trading on Kraken.
- RLUSD is Ripple's USD-backed stablecoin natively issued on XRP Ledger and Ethereum blockchains.
- RLUSD is designed for enterprise-grade use, ideal for financial use cases including payments, global settlement, and trading collateral.
- Kraken will potentially make more assets available in the future, but no details are revealed until shortly before launch.
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Cryptoninjas
1d
113
Image Credit: Cryptoninjas
Russia Considers Extended Ban on Cryptocurrency Mining in Irkutsk Region
- Russia is considering an extended ban on cryptocurrency mining in the Irkutsk region.
- The potential ban, if implemented, would begin on April 1, 2025, and last until at least March 15, 2031.
- The governor of Irkutsk, Igor Kobzev, supports the ban to address energy shortages caused by large-scale mining operations.
- The proposed ban could have a significant impact on the mining industry in the region, forcing miners to relocate or cease operations.
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Cryptoticker
1d
116
Image Credit: Cryptoticker
Can BTC Price Hit $100K?
- BTC price is currently trading at a key inflection point, with short-term momentum building on the 1-hour chart.
- The daily chart shows a potential base forming around the $84,000–$85,000 region.
- A strong push above the $85,900–$86,200 resistance zone could mark the start of a new bullish phase for BTC price.
- Smart traders should watch for short-term momentum indicators and confirmation from daily moving averages and accumulation patterns.
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TechBullion
1d
139
Image Credit: TechBullion
Revolutionizing Trading and Cryptocurrencies with Artificial Intelligence: Opportunities and Challenges
- Bitcoin is a decentralized digital currency that operates on blockchain technology.
- Investing in Bitcoin offers opportunities for high returns but comes with significant risks.
- Thorough research, understanding market volatility, and being prepared for uncertainty are essential for potential investors.
- Researching online reviews and user feedback can help gauge the platform's credibility.
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Bitcoinist
1d
292
Image Credit: Bitcoinist
Bitcoin Open Interest Takes A Notable Hit, Are Traders Losing Confidence In BTC?
- Bitcoin's Open Interest (OI) has witnessed a sharp decline, indicating a shift in market sentiment as investors withdraw their positions in the face of continued volatility.
- The decrease in open interest, along with significant liquidation of leveraged positions, triggering volatility, could lead to a drop in confidence among derivatives traders and affect BTC's short-term price prospects.
- Despite the decline in open interest, long-term holders have been accumulating Bitcoin, reflecting strong interest in the asset and indicating market growth.
- BTC's price has increased over 3% in the last 24 hours, but the trading volume has decreased, suggesting renewed bearish sentiment.
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Newsbtc
1d
370
Image Credit: Newsbtc
Cardano Founder Reveals What Will Onboard 3 Billion New Users Into Crypto
- Cardano founder, Charles Hoskinson, predicts that the integration of crypto wallets by major tech companies such as Apple, Facebook, Google, and Microsoft, could lead to billions of new users entering the crypto space.
- The passing of two bills currently being debated in the U.S. Senate - one on stablecoins and the other on market structure - could provide the legal clarity and infrastructure required for tech giants to integrate crypto wallets into their platforms.
- The stablecoin legislation, known as the STABLE Act, aims to establish clear rules for issuing and backing stablecoins. Charles Hoskinson expects it to be passed within the next 60 to 90 days.
- The integration of crypto wallets by tech giants and the resulting access to a user base of over 3 billion people would drive mass adoption of cryptocurrencies and transform the crypto industry.
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TronWeekly
1d
12
Image Credit: TronWeekly
Bitcoin Bulls Beware: Major Resistance Zones May Stall the Next Rally
- Bitcoin is currently trading sideways below key resistance levels, indicating that it may not have entered a confirmed bullish trend.
- Experts highlight the strong resistance zones, including $88,000 to $95,000, that Bitcoin needs to surpass for an upward movement.
- Short-term market consolidation is expected unless Bitcoin breaches the $87,000 level.
- The current market situation is characterized by confusion and uncertainty, with no clear trends for traders.
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NullTX
1d
83
Image Credit: NullTX
Bitcoin Investor Trends and Key Support Levels Indicate Future Price Movements
- Bitcoin has seen a shift in its investor base, with long-term investors holding less wealth since November 2024.
- Investors who bought Bitcoin between 2020-2022 are holding onto their assets, expecting prices to rise.
- Analysts closely monitor key support levels for Bitcoin to predict price movements.
- Key support levels for Bitcoin include $76,180, $58,080, $43,740, and $39,980.
- Investor behavior and sentiment are crucial amid Bitcoin's volatility and price fluctuations.
- Long-term Bitcoin holders are more prone to cashing in during peak price moments, adding to market volatility.
- Understanding investor patterns and support levels is essential for predicting Bitcoin's near-term trajectory.
- Monitoring support levels like $76,180, $58,080, $43,740, and $39,980 is crucial for traders and investors.
- Bitcoin's behavior around these support zones will indicate potential price movements and market trends.
- It is important for traders to research and analyze support levels before engaging in Bitcoin trading or investment.
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TheCryptoBasic
1d
305
Image Credit: TheCryptoBasic
How Much Will Your 500K or 1M DOGE Be Worth if DOGE Hits $10, $20, or $50
- Dogecoin investors with over 500K DOGE in their portfolio have the potential to become multi-millionaires if the coin reaches the double-digit range.
- At the current price of $0.1703, wallets holding 500,000 DOGE tokens have a portfolio worth $85,150. If the price of DOGE reaches $10, the value of 500K DOGE would be $5 million, representing a 5,772% gain.
- If the price continues to surge and reaches $20, the value of 500K DOGE would be $10 million. In the scenario of DOGE hitting $50, the value would skyrocket to $25 million, resulting in a 14,580% gain.
- For those holding 1 million DOGE, currently worth $170,000, the potential returns are even more impressive if DOGE reaches $10, $20, or $50. The value of 1 million DOGE would be $10 million at $10 per DOGE, $20 million at $20 per DOGE, and $50 million at $50 per DOGE.
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99Bitcoins
1d
79
Is This The Real Reason Why Tether Is Buying Bitcoin?
- Tether, the issuer of USDT, is stockpiling Bitcoin in 2025 to protect against a potential depeg.
- Tether has been aggressively accumulating Bitcoin and now holds over 100,000 BTC.
- The strategic move is aimed at maintaining the peg of USDT in case of a depeg event.
- Tether's Bitcoin holdings could be used to restore the peg without causing panic in the crypto trading community.
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Medium
1d
271
Image Credit: Medium
Dmail: Stopping Phishing Without Reading Your Messages
- Dmail takes a privacy-first approach to email security, prioritizing user privacy while still preventing phishing attempts.
- Instead of scanning message content, Dmail relies on AI-driven threat detection, smart contract security, and decentralized identity to identify and block potential phishing attempts.
- Dmail's infrastructure is powered by Internet Computer Protocol (ICP) and Trusted Execution Environments (TEE), ensuring end-to-end encryption, scalability, and full decentralization.
- With Dmail, users can enjoy phishing protection, end-to-end encryption, and full control over their messages and identity.
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Pymnts
1d
52
Image Credit: Pymnts
Stablecoins Keep Racking Up Milestones, but Can They Crack B2B Payments?
- Stablecoins offer efficiency in B2B payments, addressing issues of high fees, slow settlement times, and intermediaries.
- However, stablecoins face challenges in B2B payments such as compliance, integration with legacy systems, and regulatory certainty.
- Integrating stablecoins into existing payment systems requires upgrades, staff training, and future-proofing against evolving standards.
- Cross-border payments are a promising use case for stablecoins, and innovations in the market show potential for their adoption in B2B payments.
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