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Cryptocurrency News
Crypto-News-Flash
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VET Price Outlook: Is VeChain Set for Further Gains?
- VeChain (VET) has the potential for further gains and is predicted to reach a price of $2.5.
- Multiple analysts suggest that VET could trade within the range of $0.028993 and $0.090743 in the near future.
- Analysts at CoinCodex predict that VET could rise by 52% to reach $0.04423 by March 28, 2025.
- Another analyst, Egrag Crypto, has a bullish outlook and suggests VET could reach $0.9 in the mid-bull-cycle and potentially even $2.5 in the long term.
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Pymnts
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Crypto Exchange Kraken Says SEC Plans to Dismiss Lawsuit
- Cryptocurrency exchange Kraken announced that the SEC plans to dismiss the commission's lawsuit against the company.
- Kraken will make no admission of wrongdoing, pay no penalties, and make no changes to its business as part of the dismissal.
- The lawsuit, filed in November 2023, accused Kraken of running an unregistered securities exchange, broker, dealer, and clearing agency.
- Kraken claims that the lawsuit was without merit, politically motivated, and hindered industry transparency.
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Bitcoinist
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Dogecoin Master Plan For New ATHs: 2017 Crash Shows Where DOGE Price Might Be Headed
- Crypto analyst Master Kenobi has analyzed how Dogecoin price could rally to a new all-time high (ATH).
- Kenobi suggests that Dogecoin dropping 84% after the 2017 bull run, followed by an 'equally long pump phase,' supports the potential for new highs.
- Kenobi indicates that if the recovery period is 98 days, Dogecoin could reach the ATH between the 2nd and 5th of June.
- Other analysts, like DOGECAPITAL and Trader Tardigrade, also provide a bullish outlook for Dogecoin's price and predict potential rebounds.
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Blockonomi
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Two Cryptocurrencies with the Potential to Reach $4: XRP and Mutuum Finance (MUTM)
- XRP has the potential to reach $4 if key resistance levels are broken, fueled by ongoing adoption and evolving innovations in the Ripple network.
- Mutuum Finance (MUTM), a decentralized lending protocol, is also seen as having the potential to reach $4 with increasing investor demand and a strong presale performance.
- MUTM stands out with its real financial utility and features such as a buy-and-distribute mechanism and an overcollateralized stablecoin.
- Both XRP and MUTM show strong potential, but MUTM's real utility and presale success make it a standout investment opportunity.
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TronWeekly
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XRP ETF Approval Odds Surge to 81%
- XRP's price has dropped by 18% in the past week, currently at $2.48, reflecting wider cryptocurrency market struggles.
- The probability of XRP ETF approval stands at 81%, potentially attracting institutional investors to boost XRP's market value.
- Government initiatives like the U.S. strategic crypto reserve indicate increasing institutional and governmental backing for cryptocurrencies.
- Ripple's XRP has faced price fluctuations, leading to a 18% decrease over the past seven days, with analysts wary of further declines.
- The crypto market, including Bitcoin, has encountered challenges, with Bitcoin trading around $87,254, impacting altcoins like XRP.
- Ripple's focus is on XRP ETF filings, with the U.S. SEC acknowledging Grayscale's application, potentially influencing institutional investment.
- Speculation on XRP ETF approval by mid-2025 has driven optimism, reflected in the betting odds reaching 81% for approval in 2025.
- XRP technical indicators suggest a potential rebound, with the TD Sequential tool signaling a buy opportunity amidst support levels between $1.80 and $2.
- Forecasts indicate XRP could reach a new all-time high of $4.12 by April 15, 2025, with an average trading price near $3.12 around mid-April.
- Government initiatives such as the U.S. strategic crypto reserve and increasing interest in cryptocurrency ETFs contribute to Ripple's positive outlook.
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TronWeekly
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XRP Ledger DeFi Expansion Continues While This $0.18 ERC-20 Coin Is Quietly Beating 90% of the Market
- XRP Ledger continues to push forward with DeFi infrastructure despite Ripple's decline.
- DTX Exchange, priced at $0.18 in its presale stage, outperforms 90% of the market.
- XRP falls to $2 as it expands DeFi capabilities on XRP Ledger.
- Ripple partners with BDACS for secure storage solutions, but faces a 37% decline in the past month.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
Eyes on Solana’s $150 Price Prediction as XRP Prices Drop—BlockDAG Ambassador Program Gains Popularity Among Traders
- XRP is facing a downturn, while Solana's future is uncertain as its price falls and crypto market sentiment weakens.
- BlockDAG's Ambassador Program incentivizes crypto enthusiasts with rewards for promoting the blockchain initiative, offering cashback and BDAG units.
- The program's three-level system allows participants to progress from Explorers to Champions, strengthening community engagement with BlockDAG.
- BlockDAG's ongoing presale has raised over $200 million, with BDAG priced at $0.0248 and set for listings on major exchanges.
- Solana faces price risks and growth potential, with forecasts highlighting a support zone between $130-$140 and upcoming market fluctuations.
- Some analysts see opportunities in the $90-$125 range for Solana buyers, suggesting a possible recovery despite recent market challenges.
- XRP experiences a significant decline to $2.15, prompting speculation on its stability and potential for a turnaround.
- Technical indicators hint at a bullish divergence for XRP, possibly leading to a rally to $3.80 if support holds, offering hope for recovery.
- In a cautious market environment, BlockDAG's Ambassador Program provides a unique opportunity to earn rewards and influence within the blockchain space.
- As XRP and Solana navigate through uncertain times, the crypto market remains vigilant, with BlockDAG's initiative standing out amidst the volatility.
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Crypto-News-Flash
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Ripple Unlocks 1B XRP as XRP Enters US Reserve—Bullish or Bearish?
- Ripple has unlocked 1 billion XRP worth $2.8 billion, coinciding with the U.S. government confirming XRP’s inclusion in a strategic crypto reserve.
- Past patterns suggest a large portion of XRP could be re-locked, limiting market supply expansion.
- Wallet activity indicates movement towards potential re-locking of XRP.
- XRP's inclusion in the U.S. reserve has driven a wave of investor optimism and XRP price surge.
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Crypto-News-Flash
2w
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Trump’s Crypto Shake-Up: Political Miscalculation or Market Manipulation?
- US President Donald Trump announced the creation of a strategic crypto reserve including multiple cryptocurrencies.
- Initial exclusion of Bitcoin and Ethereum from the reserve led to mixed reactions in the crypto community.
- The global crypto market experienced a rally with an 8% increase in market cap following Trump's announcement.
- Speculations of market manipulation emerged due to a large leveraged trade made prior to the announcement.
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TronWeekly
2w
12
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U.S. Senate to Vote to Overturn IRS Crypto Broker Rule
- U.S. Senate to vote on resolution to reverse IRS DeFi tax rule, impacting the future of DeFi projects.
- Senator Ted Cruz leads effort to rescind the IRS's DeFi broker rule under the Congressional Review Act.
- White House plans a summit on cryptocurrency regulations on March 7.
- Resolutions aim to address burdensome regulations and reduce government interference in digital asset markets.
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TronWeekly
2w
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Next Big Crypto: Which Altcoins Are Primed for Explosive Growth?
- In the quest for the next prominent cryptocurrency, a combination of luck and keen instincts is necessary.
- Identifying the next big crypto involves a blend of hype, genuine technology, and a strong community.
- Dawgz AI is a standout altcoin, offering AI-powered trading and staking rewards alongside meme energy.
- Render (RNDR) revolutionizes GPU rendering by tapping into worldwide spare GPU power for efficient and cost-effective rendering.
- Artificial Superintelligence Alliance (FET) merges blockchain and AI to offer scalable infrastructure for various sectors like DeFi and gaming.
- Dawgz AI differentiates itself with rapid growth potential, AI-driven strategies, and staking rewards, setting it apart from RNDR and FET.
- While RNDR serves AI and gaming industries, FET focuses on AI-driven smart contracts, but Dawgz AI stands out with its unique features.
- Dawgz AI leads in community hype, market strategies, and staking rewards, making it a top contender for exponential growth.
- RNDR and FET cater to long-term infrastructure needs, but Dawgz AI's meme energy and automation potential position it for rapid expansion.
- With an emphasis on AI trading, meme coin dynamics, and staking incentives, Dawgz AI offers an enticing opportunity for investors seeking significant gains.
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Coin Telegraph
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Image Credit: Coin Telegraph
Bitcoin price dumps again — Will $90K turn into resistance or support?
- Bitcoin price plunged from $93,700 to $89,250 in under an hour on March 3, wiping out half of the previous day’s gains.
- Bitcoin's chances of reclaiming the $90,000 support remain strong as US President Donald Trump mentioned Bitcoin and Ether as key components of the country's strategic digital asset reserves.
- China's announcement of retaliatory measures against the US' additional import tariffs triggered panic among traders, leading to a drop in Bitcoin price.
- Despite worsening investor sentiment, Bitcoin is expected to reclaim the $90,000 support due to continued accumulation by Strategy and the potential positive impact of the strategic crypto reserves.
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Livebitcoinnews
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Crypto Becomes a U.S. ‘Weapon,’ Says CryptoQuant CEO
- CryptoQuant CEO Ki Young Ju warns that cryptocurrency is turning into a tool for U.S. interests.
- The United States is establishing the crypto market without implementing necessary regulatory protocols, creating risks for the industry.
- The changing U.S. policies towards crypto may damage Bitcoin and Ethereum networks and lead to stricter regulations by other nations.
- This shift in the crypto market is seen as a geopolitical move by the United States to gain global dominance in cryptocurrency markets.
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