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Cryptocurrency News
TronWeekly
1d
141
Image Credit: TronWeekly
Fairshake PAC Boosts Pro-Crypto Candidates to Victory
- The Fairshake PAC, funded by major crypto companies including Coinbase and Ripple, backed Republican candidates Jimmy Patronis and Randy Fine in securing their U.S. House seats in Florida.
- The wins of Patronis and Fine signal progress toward favorable crypto regulations and policies.
- The backing of these pro-crypto candidates by Fairshake PAC will influence the shaping of future laws pertaining to cryptocurrency activities in the USA.
- The election outcomes contribute to efforts in Washington to create beneficial crypto regulations, potentially leading to the passing of stablecoin regulation and new frameworks for the crypto market.
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TronWeekly
1d
268
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SEC Requests 60-Day Delay in Gemini Trust’s Lawsuit Settlement Talks
- The U.S Securities and Exchange Commission (SEC) filed a court request to postpone its Gemini Trust lawsuit for 60-days.
- SEC officials claim that Gemini Trust's Earn program involved the sale of unregistered securities.
- The requested delay signals a potential shift in SEC's approach to crypto regulation.
- A settlement between Gemini and the SEC could improve clarity for U.S securities laws.
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TronWeekly
1d
268
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Breaking: Ripple Expands RLUSD Adoption: Fast, Low-Cost Payments Now Live
- Ripple has integrated its stablecoin, Ripple USD (RLUSD), into Ripple Payments to enhance cross-border transactions.
- RLUSD is primarily intended for financial companies, providing enterprise-grade utility and enabling near-instant settlements for lower costs and enhanced liquidity management.
- RLUSD is rapidly gaining adoption and approaching a market capitalization of $250 million, with over $10 billion in trading volume.
- RLUSD is now available on Kraken, expanding its accessibility and allowing more users to trade, hold, and use it for various financial operations.
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Medium
1d
237
Image Credit: Medium
The Modular Blockchain Revolution
- Celestia is a modular blockchain network that introduces a new approach to scalability and flexibility in blockchain design.
- By separating key processes into separate layers, Celestia allows developers to easily build custom blockchains.
- Since its launch, Celestia has gained traction with over 20 rollups deployed and integration with various projects.
- The $TIA token powers Celestia's network operations and serves functions such as transaction fees, staking, and governance.
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Bravenewcoin
1d
99
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Dogecoin Price Prediction: Can DOGE Smash Resistance and Ignite a 270% Surge?
- With large-scale accumulation by whales and bullish technical indicators, Dogecoin (DOGE) appears to be at a crucial turning point.
- Whales accumulated over 220 million DOGE in March, reflecting heightened confidence and suggesting a bullish move.
- Technical analysis points to a possible 270% surge, with DOGE forming higher lows and a positive Relative Strength Index (RSI).
- DOGE faces resistance at $0.18 and $0.21, but breaking through these levels could unleash a strong upward movement.
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Newsbtc
1d
272
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Solana Bearish Continuation: $118 Support, The Last Barricade Against Deeper Correction
- Solana's price is facing bearish pressure and threatens to drop below the critical $125 support level.
- The bearish triangle formation on the Solana price chart suggests a continuation of the downward trend, with $118 support in focus.
- If the support at $118 is broken, it may trigger further declines, targeting $99 and potentially $79 as subsequent support levels.
- A rebound is possible if the $118 support holds, supported by historical demand and potential positive news on Solana's ecosystem.
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16 Likes
Bitcoinsensus
1d
42
Image Credit: Bitcoinsensus
Trump’s Tariffs Erase $74B From Bitcoin’s Market Cap in Under an Hour
- Trump’s Liberation Day tariffs send shockwaves through financial markets, triggering a $74 billion Bitcoin market cap drop, $2.5 trillion erased from the S&P 500, and $220 million in crypto liquidations
- The Dow Jones futures plunge 1,100 points, while the Nasdaq 100 drops 900 points, marking one of the worst pre-market performances in recent history as investors scramble to reassess risk exposure
- Bitcoin flips bearish after trading at a 2% daily increase, now at a 2.25% deficit, with 153,807 traders liquidated in the past 24 hours, reflecting heightened volatility across digital assets
- Bitcoin's market cap drops $74 billion, Dow Jones futures plunge 1,100 points, Nasdaq 100 down 900 points, and $220 million in crypto liquidations triggered by Trump's Liberation Day tariffs
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Pymnts
1d
69
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Fidelity Launches IRA That Allows Direct Investments in Crypto
- Fidelity Investments launches new IRA plan that allows investors to directly invest in crypto, including bitcoin, ether and litecoin.
- The Fidelity Crypto IRA fulfills clients' demands for a tax-advantaged way to trade and hold crypto.
- The IRA plan offers Roth, traditional, and rollover IRAs with no fees for account opening or maintenance.
- Fidelity published a report stating that governments and central banks will be among the next significant investors in bitcoin.
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4 Likes
Medium
1d
310
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Multiplier Live now for MATH, act now to earn 5x rewards
- Staking MATH entails locking up MATH for a period to earn rewards and secure the blockchain.
- Validators or stakers process transactions and add blocks to the MATH blockchain, earning rewards in ether.
- Staking is vital for MATH's transition to a PoS consensus mechanism, enhancing network security and efficiency.
- It provides passive income opportunities, network security, and energy efficiency benefits over mining.
- Risks include liquidity constraints, slashing penalties, market volatility, and technical vulnerabilities.
- Staking options include solo staking, staking pools, and staking-as-a-service providers.
- Choose a staking platform based on security, reputation, fees, ease of use, and customer support.
- Hord by DcentraLab is a reputable staking provider offering high APRs and DeFi integrations.
- Stake MATH via a crypto wallet with varying minimum deposit requirements for solo staking and staking pools.
- Consider the risks such as liquidity, slashing, market volatility, technical vulnerabilities, and security before staking.
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TronWeekly
1d
165
Image Credit: TronWeekly
First Digital Trust Denies Insolvency Claims by Justin Sun, Defends FDUSD Stablecoin Stability
- Hong Kong-based First Digital Trust stablecoin, FDUSD, experienced a loss of its peg after Justin Sun claimed the company was insolvent.
- Binance holds approximately 94% of the total FDUSD supply, which raised concerns following the depegging incident.
- First Digital Trust defended the stability of FDUSD, stating it is fully backed by US Treasury bills.
- The event has sparked concerns about Binance's exposure to FDUSD, with approximately $2.2 billion of the stablecoin tied to user deposits on the exchange.
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9 Likes
TheNewsCrypto
1d
149
Image Credit: TheNewsCrypto
COTI Unveils Stay COTI: AI-Powered No-Code Hub to Boost Web3 Innovation
- Stay COTI is a new community hub aimed at expanding the COTI ecosystem and encouraging activity on the network.
- It provides support for individuals, even those without coding knowledge, to create on COTI using AI prompts.
- With artificial intelligence tools, coaching, financing, and more, Stay COTI aids builders in realizing their ideas.
- Participants can access funding through the $50 million ABC Fund and receive marketing assistance.
- Key components include no-code tools, Vibe Coding events, demos, live build sessions, grants, and problem-solving build circles.
- Stay COTI promotes collaboration and interoperability across various blockchain ecosystems.
- It aims to bring a collaborative spirit back to Web3 by facilitating cooperation among developers and communities.
- The initiative launched with a Vibe Coding event in Bangkok, focusing on AI-human creativity collaboration.
- The event served as a platform for novices and professionals to ideate, experiment, and leverage artificial intelligence.
- Participants had the opportunity to win prizes and connect with ecosystem sponsors like Bancor, Band Protocol, and more.
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9 Likes
Cryptopotato
1d
261
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Stablecoin Issuer Circle Files for IPO After Big Revenue Report
- Circle Internet Group has filed for an initial public offering (IPO) with the US Securities and Exchange Commission.
- In the filing, Circle revealed plans to list its stock on the New York Stock Exchange under the symbol CRCL.
- The company reported a net income of $156 million on revenue of $1.68 billion in 2024, compared to $268 million net income on $1.45 billion in revenue the previous year.
- The IPO has been highly anticipated in the crypto industry, and Circle's CEO stated that they are building critical infrastructure for the financial system.
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15 Likes
Medium
1d
207
Image Credit: Medium
$GUN is Live on Binance: The Future of Web3 Gaming is Here
- GUNZ is the first Avalanche L1 designed exclusively for gaming.
- GUNZ has achieved significant milestones with 14M+ wallets created, 500K daily active wallets, and 2M daily transactions.
- It is breaking barriers in AAA gaming by being the first Web3 game launching on PS5 & Xbox and embraced by top streamers.
- GUNZ being listed on Binance opens up new possibilities for gamers and traders in terms of liquidity and accessibility.
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12 Likes
Newsbtc
1d
326
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Chainlink Consolidates In Triangle Pattern – Is A 35% Breakout Imminent?
- Chainlink is currently consolidating within a triangle pattern, which often precedes major moves.
- LINK is trading below critical resistance levels, but a breakout could result in a 35% price increase.
- Bulls must defend the $13 support level to avoid further downside, while a move above $18 could trigger a rally.
- The short-term outlook for LINK remains fragile and dependent on the bulls' ability to regain momentum.
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19 Likes
Bitcoinist
1d
92
Image Credit: Bitcoinist
Bitcoin Enters Accumulation Phase – Spot Selling Fades And Funding Rates Turn Negative
- Bitcoin struggles to reclaim $86,000 resistance level, signaling bearish sentiment in the market.
- Funding rates on major exchanges turn negative, a potential signal for a price increase.
- Bitcoin faces a crucial test between strong support and key resistance, influenced by macroeconomic uncertainty.
- BTC holds at $85,000 with the need for bulls to defend this level and push above $88,000 to signal renewed strength.
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5 Likes
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