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Cryptocurrency News
Bitcoinist
1w
4
Image Credit: Bitcoinist
Dogecoin Recovery Drawing Close? A Bullish Breakout From Descending Chart Patterns Imminent
- Dogecoin has lost its recent upward momentum as the crypto market faces bearish pressure.
- Technical analysis suggests that Dogecoin may rebound soon and target new yearly highs.
- DOGE has formed a second Falling Wedge formation, indicating growing momentum for a potential rebound.
- Large investors are accumulating Dogecoin, indicating renewed interest and confidence in the meme coin.
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TronWeekly
1w
127
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Next Crypto Boom: Best Altcoins To Buy Now as LuckHunter Projections Show 6700% Price Jump
- Nigeria is enhancing its regulatory approach towards cryptocurrency to formalize compliant exchanges and generate tax revenue.
- The country is set to issue complete licenses to crypto exchanges to promote digital asset adoption.
- Predictions suggest massive adoption and institutional investments in Nigeria's fast-growing crypto market.
- LuckHunter Metaverse, Polkadot, MANTRA, Uniswap, and DAI are among the top altcoins expected to surge by over 6,700%.
- Investors are urged to capitalize on the burgeoning crypto market by investing in promising altcoins.
- LuckHunter integrates blockchain technology into gaming to create a next-gen platform with revenue-generating opportunities.
- Polkadot, designed by Ethereum co-founder Gavin Wood, facilitates blockchain interoperability to enhance network connectivity.
- MANTRA bridges traditional finance with blockchain through decentralized finance, enabling compliant trading of real-world assets.
- Uniswap operates as a leading decentralized exchange on Ethereum, offering trustless token swaps and liquidity pool rewards.
- DAI, a stablecoin from MakerDAO, maintains parity with the US dollar, ensuring stability through decentralized collateralization.
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Bitcoinist
1w
294
Image Credit: Bitcoinist
Crypto Market in Full Bear Mode After the $1.4B Bybit Hack. The Best Meme Coins to Lock in Now
- The $1.5B Bybit hack by the North Korean group Lazarus could boost meme coins in 2025.
- Hackers used malware in the Bybit hack to display a fake UI, impacting the human element more than Bybit’s security.
- After laundering 499K ETH, causing a market drop, crypto market crashed with Bitcoin falling below 83K.
- DeFi exchanges like Chainflip and THORChain were affected as hackers funneled assets through their platforms.
- THORChain recorded record trading volumes post-hack, elevating $RUNE by 33% between Feb 21 and 26.
- Criticism was directed at both Chainflip and THORChain for how they handled the aftermath of the hack.
- While the crypto market is slowly recovering, it is still in a bearish phase, prompting investment in new projects.
- Promising meme coins during this downturn include BTC Bull Token, MIND of Pepe, and Dogecoin.
- BTC Bull Token supports Bitcoin's performance with mechanisms like airdrops and token burn events.
- MIND of Pepe is an AI entity driving crypto conversation and offering insights into trends with a high APY for stakers.
- Dogecoin, a meme coin, has gained popularity with its fired-up fanbase and has various use cases in online stores.
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Cryptopotato
1w
144
Image Credit: Cryptopotato
Bitcoin Price Analysis: This Key Level Holds the Fate of BTC’s Bull Run
- Bitcoin's price has been experiencing a massive drop over the past few weeks.
- On the daily chart, Bitcoin is testing the 200-day moving average at around $83K.
- If the 200-day moving average is broken to the downside, a much deeper decline is expected.
- Short-term investors panic-selling Bitcoin at a loss contributes to the market dip and potential further drops.
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TheNewsCrypto
1w
238
Image Credit: TheNewsCrypto
FTX and Alameda Unstake $431M in Solana Amid Customer Repayments
- FTX and Alameda unstaked 3.03M SOL worth $431M, distributing them to 37 wallets.
- This is their largest unstaking since November 2023, part of an 11.2M SOL unlock plan.
- FTX and Alameda have offloaded 7.83M SOL, worth $986M, since November 2023.
- The unstaking comes as FTX repays some customers amid jurisdiction restrictions.
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TechBullion
1w
0
Image Credit: TechBullion
XAI74K: The Future of AI-Driven Blockchain Innovation
- The XAI74K project is at the forefront of merging AI and blockchain technology.
- It integrates AI algorithms into smart contracts, enhancing security, automation, and scalability.
- Key features of XAI74K include AI-enhanced security, automated trading strategies, and scalability and speed.
- With growing institutional interest, strategic partnerships, and a focus on AI-powered DeFi, XAI74K is set to lead the next evolution of blockchain.
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TheNewsCrypto
1w
191
Image Credit: TheNewsCrypto
Onyxcoin (XCN) Drops 20% as Onyx Protocol Launches Layer1 Goliath
- Onyxcoin token XCN price dropped 20% as the broader crypto market lost 10% in market cap.
- Onyxcoin launched its layer1 Onyx Goliath blockchain network.
- Onyxcoin witnessed a dramatic price surge of 1500% in Jan this year but has been falling since then.
- Onyxcoin's XCN price is trading at $0.0153 with a 22% drop in the last 24 hours.
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NullTX
1w
161
Image Credit: NullTX
Cardano ($ADA) Surges 60% Following Trump’s “US Crypto Reserve” Announcement: Is an ETF Approval on the Horizon?
- Cardano ($ADA) surged by 60% after Donald Trump's announcement of a “US Crypto Reserve,” pushing its value beyond $1 for the first time in a month.
- The surge in ADA's value shows growing institutional interest and confidence in Cardano's long-term prospects.
- Trump's move to include Cardano in the US Crypto Reserve positions it as a cryptocurrency with 'store of value' potential.
- The likelihood of a Cardano ETF approval in 2025 has significantly increased, with odds now at an all-time high of 70%.
- Cardano's unique features, including a proof-of-stake consensus mechanism and scalability, make it an appealing investment asset.
- The network's partnerships in various sectors and use cases contribute to confidence in its long-term sustainability.
- Investors are anticipating the April 10th deadline for the Cardano ETF application, with a potential approval expected to drive price surges.
- Cardano's price surge signifies growing recognition of its technological advancements and evolving ecosystem.
- If the Cardano ETF is approved, it could mark a significant milestone for the asset and signal further institutional adoption.
- With increasing institutional confidence and the likelihood of ETF approval, Cardano appears poised for further growth in the crypto market.
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Cryptoticker
1w
366
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Will Ethereum Price Crash to $1,000 or Is a Rebound Near?
- Ethereum (ETH) has been on a sharp downward trajectory after reaching highs above $4,000.
- The price has now dropped below $2,100, leaving traders questioning whether the correction is nearing its end or if more pain is ahead.
- If Ethereum fails to hold above $2,000, a deeper correction toward $1,500-$1,600 could be the next step.
- For now, ETH still has chances to recover if bulls defend the $2,000 support zone.
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NullTX
1w
55
Image Credit: NullTX
Binance to Delist Non-MiCA Compliant Stablecoins for EEA Users: What You Need to Know
- Binance will delist non-MiCA compliant stablecoins for users in the European Economic Area (EEA) to abide by European regulations.
- Stablecoins like $USDT, $DAI, and $TUSD on Binance's platform are affected by the new regulations.
- MiCA regulations will determine the fate of cryptocurrencies in the EU, requiring compliance for trading on Binance by the end of March 2025.
- Popular stablecoins like $USDT, $DAI, and $TUSD will be replaced by MiCA-compliant options like $USDC for trading on Binance.
- Binance advises EEA users to convert non-compliant stablecoins before March 31, 2025, to avoid disruption in trading.
- Users holding non-compliant stablecoins can continue to circulate them outside of Binance but not on the platform after the deadline.
- Binance is making the transition smooth by setting deadlines for removing non-compliant stablecoin pairs and ensuring user safety in margin accounts.
- The changes due to MiCA compliance will also impact Binance's Earn, Loans, and Dual Investment services, requiring users to switch to compliant stablecoins.
- Binance's actions align with EU regulations to provide a clear framework for crypto companies operating in member states like the EEA.
- Users in the EEA are advised to convert non-MiCA compliant stablecoins to MiCA-compliant options like USDC or EUR before the deadline.
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TechBullion
1w
298
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Polygon and Ethereum Are Solid, But This Crypto Might Have the Best ROI in 2025
- The cryptocurrency market is rebounding, with Polygon (MATIC) and Ethereum (ETH) showing promise amid renewed investor interest.
- Analysts view Ethereum and Polygon as solid long-term investments, but some experts are eyeing high-growth opportunities like The Last Dwarfs ($TLD) for potential ROI in 2025.
- While Polygon offers scalability, its recent decrease in network activity raises concerns amidst growing competition from other Layer 2 scaling solutions.
- Ethereum's price and on-chain activity recovery, along with its expansion to Ethereum 2.0, position it as a key player in the blockchain ecosystem.
- Investors are exploring early-stage crypto investments like $TLD, which integrates gaming and DeFi to provide an interactive Play-to-Invest experience.
- The Last Dwarfs ($TLD) boasts a unique Gamified Launchpad for users to compete, earn rewards, and invest in upcoming blockchain projects.
- With over 300,000 users, $TLD leverages its connection to the TON blockchain's vast user base, offering mass adoption potential in the Web3 gaming sector.
- $TLD's presale has raised over $100,000, with high staking rewards and programs like Ref2Earn enticing early investors to capitalize on the Web3 gaming wave.
- As Polygon and Ethereum face limitations in short-term growth, $TLD's early-stage status presents an opportunity for investors to participate in a promising crypto venture.
- The Last Dwarfs ($TLD) is positioned as a top crypto investment for 2025, combining gaming, DeFi, and a growing Web3 ecosystem for potential high returns.
- Investors seeking substantial ROI are looking at emerging projects like $TLD for opportunities beyond established cryptocurrencies, anticipating significant growth in the coming years.
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Guardian
1w
29
Image Credit: Guardian
Trump’s trade adviser says Australia is waging a ‘frontal assault’ on US aluminium markets. What’s really going on?
- Donald Trump’s trade adviser criticized Australia’s manufacturing industry, accusing them of waging 'frontal assaults' on the US aluminium market.
- Peter Navarro's comments may affect Canberra's bid for exemption from US steel and aluminium tariffs.
- Navarro claimed Australia and Canada were major threats to US aluminium markets, with Australia's 'heavily subsidized smelters' giving them an unfair advantage.
- However, despite the accusation, Australia's aluminium exports to the US accounted for less than 3% of the total.
- Navarro's claim about Australian smelters being heavily subsidized refers to the government initiatives to support smelters in transitioning to renewable energy.
- Australia's ties to China and the global aluminium trade were also mentioned, but no evidence was presented to support the distortion claim.
- There was a voluntary agreement between Australia and the US to limit aluminium exports, but it changed due to geopolitical events like the war in Ukraine.
- After the agreement, Australia's aluminium exports to the US fluctuated, with an increase in 2022-2023 and a decrease in 2024.
- Australia's position as an aluminium exporter to the US shifted due to changing demands and geopolitical factors.
- The intricacies of the US-Australia aluminium trade relationship raise questions about agreements, tariffs, and industry dynamics.
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TronWeekly
1w
234
Image Credit: TronWeekly
Victory for NFTs: SEC Drops Investigation Into Yuga Labs
- The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFT collection.
- The SEC's decision marks a victory for the NFT industry and signifies a shift in the regulatory approach to the crypto industry.
- Yuga Labs' NFTs and ApeCoin token were under scrutiny to determine if they violated securities laws.
- The SEC's decision has led to a brief price rise for Bored Ape NFTs on OpenSea.
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TronWeekly
1w
110
Image Credit: TronWeekly
Top Crypto Presales for High ROI – Is The Last Dwarfs ($TLD) the Best Pick?
- The Last Dwarfs ($TLD) is emerging as one of the best crypto investments in the presale market.
- It combines gaming and investment through a unique Play-to-Invest model, offering an interactive way to discover promising projects.
- With seamless integration with the TON blockchain and Telegram, it has access to a massive user base of over 900 million.
- Investors have a limited time to buy $TLD at its lowest possible price before the next scheduled increase.
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NullTX
1w
349
Image Credit: NullTX
Whale Rushes to Close $XRP Short Position After Trump’s Executive Order: Is $XRP in a Distribution Phase?
- A whale in the cryptocurrency market rushes to close an $XRP short position following Trump's executive order, adding $8 million in USDC margin to avoid liquidation.
- Despite the whale's efforts, the 20x leveraged short position on $XRP still shows a loss exceeding $4.6 million as XRP's price surges.
- The unexpected surge in XRP's price is attributed to Trump's executive order and a positive sentiment in the cryptocurrency market.
- Large XRP holders are currently divesting, leading to speculation that XRP may be entering a 'local distribution phase' as they seek to shed their positions.
- The surge in XRP's price has prompted market players to reassess their positions, with large holders selling off substantial amounts of XRP.
- This behavior from whales signals a possible profit-taking strategy ahead of a potential price pullback in XRP.
- XRP's future outlook is dependent on market sentiment and regulatory developments, particularly in the US, following Trump's executive order.
- Investors are cautioned to monitor the conduct of large investors, or 'whales,' as they play a significant role in influencing cryptocurrency prices.
- XRP holders should remain vigilant amidst the market uncertainty and be informed about potential price movements based on whale activities.
- It is essential for investors to conduct thorough research before engaging in cryptocurrency trading or investment activities.
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