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Cryptocurrency News
TheCryptoBasic
1d
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We’re Not There Yet: Lark Davis Says Shiba Inu Like Explosions Will Return This Cycle
- Lark Davis, a prominent market veteran, believes that the current bull market cycle is still in its early stages, pointing out an explosive rise in Shiba Inu as an example.
- Despite Bitcoin retesting all-time highs, altcoins like Ethereum, XRP, and Shiba Inu are yet to recover losses from previous months, indicating room for potential gains in the coming bull run.
- Davis emphasized that the crypto market is known for massive gains during bull seasons, citing examples like Shiba Inu's 312x increase in market cap in just 50 days during the previous bull run.
- He suggested that investors should remain patient during the current market conditions, as there might be significant opportunities for gains ahead, particularly during the potential 'crazy' times in the crypto market.
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Coinpedia
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3 Low-Cap Coins Below $1 Whales are Stockpiling Ahead of Full-Blown Bull Run: Shiba Inu, Unilabs and Cardano
- The current crypto market scenario hints at an upcoming altseason and a full-blown bull run, with low-cap coins like Shiba Inu (SHIB), Cardano (ADA), and Unilabs (UNIL) capturing the interest of whales.
- Unilabs (UNIL) stands out as the world's first AI-backed DeFi asset manager, showing promising growth with over $30 million in assets under management and a successful presale attracting significant funding.
- Shiba Inu coin (SHIB) and Cardano coin (ADA) are also gaining attention for their potential price surges, with SHIB showing an 18% uptick on the monthly chart and ADA analysts eyeing a target of $4.
- As whales accumulate these low-cap coins, Unilabs (UNIL) emerges as a noteworthy investment alongside SHIB and ADA due to its unique blend of DeFi and AI technology, offering substantial growth opportunities.
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TheCryptoBasic
1d
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Guatemala’s Largest Bank Onboards SukuPay for Stablecoin Remittances into $21B Market
- Guatemala’s largest bank, Banco Industrial, has integrated SukuPay into its mobile app Zigi for real-time and cost-effective remittances from the U.S.
- SukuPay allows Guatemalan users to receive U.S. remittances instantly using only their phone numbers, with transfers costing $0.99 and settling in under 20 seconds.
- Guatemala receives over $21 billion annually in remittances, and SukuPay aims to modernize financial infrastructure by simplifying the remittance process without requiring users to deal with crypto complexities.
- The partnership between SukuPay and Banco Industrial signifies the growing adoption of stablecoins for cross-border transactions, offering faster, cheaper, and more accessible payments while abstracting away blockchain technology for users.
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Crypto-News-Flash
1d
99
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XRP and Solana Pushing Higher — But MAGACOIN FINANCE, Linked to Bitcoin, Is Leading the Rotation
- MAGACOIN FINANCE is leading the new wave of rotation in the crypto market, attracting attention due to its close connection with Bitcoin's macro movement and early investor demand.
- XRP is building on its payment utility and institutional fuel, with strong support between $2.10 and $2.39, anticipating potential surges to $5–$15 once futures go live.
- Solana's uptrend continues with ecosystem growth, trading above $170 and anticipating targets of $250-$400 as profits are rotated into earlier-stage plays like MAGACOIN FINANCE.
- Avalanche (AVAX) is attracting attention for its Layer-1 scalability, building new partnerships and infrastructure solutions, positioning itself as a strong alternative for investors beyond Ethereum and Solana.
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Coinpedia
1d
366
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Ozak AI Gains Traction as Pi Network Hype Dies Down—Could This Be the Next Viral Token?
- Pi Network AI is losing relevance, while Ozak AI (OZ) gains attention for its AI-based approach to tracking crypto and supporting DeFi.
- Ozak AI uses AI for predictive analytics, machine learning, and real-time risk evaluation to help traders make informed decisions quickly.
- Ozak AI integrates with blockchain infrastructure for secure and automated smart contract execution, attracting investors seeking performance-based value.
- The native $OZ token is a key part of Ozak AI ecosystem, with over 160 million tokens sold during the presale phase, showing investor confidence in the project's future.
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TronWeekly
1d
95
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Strive Aims to Secure 75,000 BTC at Discount Amid Mt. Gox Claims
- Strive Asset Management aims to secure 75,000 Bitcoin by acquiring discounted Mt. Gox claims, paving the way for a planned merger with Asset Entities.
- Partnering with Castell Advisory Group LLC, Strive seeks to bolster its Bitcoin holdings by purchasing claims tied to the bankrupt crypto exchange.
- Strive's merger with Asset Entities, a Nasdaq-listed firm, will establish a new entity focused on Bitcoin investments, reflecting the growing trend of corporate Bitcoin treasuries.
- The move aligns with other companies accumulating Bitcoin as a hedge against economic uncertainties, following in the footsteps of major players like MicroStrategy and Metaplanet.
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Medium
1d
198
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HAiO Gets Featured on CryptoTimes A Huge Win for Web3 Music Innovation!
- HAiO, a Web3 music innovation, was recently featured on CryptoTimes, a prominent platform in the Web3 world focusing on cryptocurrency, decentralized apps, and NFTs.
- Being featured on CryptoTimes provides HAiO with global exposure among audiences interested in tech, creativity, and decentralization, showcasing its unique approach in the music industry.
- HAiO offers more than just a streaming platform; it provides a comprehensive ecosystem that allows users to participate in the music creation process and earn rewards.
- The feature on CryptoTimes enhances HAiO's visibility, attracting new users, developers, and potential partners, signaling a growing interest in decentralized music platforms like HAiO in the industry.
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Bloomberg Quint
1d
156
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Bitcoin Rises To Record On Optimism Around US Regulations
- Bitcoin surged to a record high of $109,302 following the progress of stablecoin legislation in the US, increasing hopes for regulatory clarity during the Trump administration.
- The cryptocurrency market rallied due to regulatory tailwinds, including the advancement of the stablecoin bill in the US Senate after a group of Democrats withdrew their opposition.
- The industry-backed regulatory bill with revised terms, including stricter measures against money laundering and improved consumer protections, aims to impose consistent rules on domestic and foreign issuers.
- Open interest for Bitcoin futures at CME Group Inc. has rebounded by 23%, and investors have allocated approximately $3.6 billion into US Bitcoin exchange-traded funds in May.
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Cryptoticker
1d
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What If You Invest $1,000 in TRUMP Coin Right Now?
- The Official Trump (TRUMP) coin is experiencing a bullish momentum with renewed political buzz and meme coin hype.
- TRUMP price is showing signs of a potential major rally as it has broken above key moving averages and targets $18.70 in the short term.
- On the hourly chart, the price is in an uptrend with a continuation pattern, suggesting a spike towards $16 if it sustains above $14.50.
- A $1,000 investment in TRUMP coin could yield $1,294.85 if the price hits $18.70 (29.48% return) or $1,729.75 if it reaches $25 (72.98% return).
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Coinpedia
1d
95
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Jerome Powell’s Push for Digital Dollar Sparks Stablecoin Surge. Kaanch one of the Best Crypto to Buy
- Federal Reserve Chair Jerome Powell's push for exploring a U.S. central bank digital currency has sparked a surge in demand for regulation-ready crypto infrastructure.
- Kaanch Network, a blockchain designed for real-world asset tokenization and compliance, is gaining traction as a top crypto investment choice amidst the digital dollar debate.
- Kaanch Network is purpose-built for compliance in on-chain finance, offering features like high transactions per second, instant finality, active validators, RWA tokenization, and cross-chain bridges.
- As stablecoin legislation aligns with Kaanch's architecture, it's attracting investors with its staking opportunities, .knch identity system, and focus on global finance infrastructure.
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Cryptoninjas
1d
309
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VanEck Unveils PurposeBuilt Fund to Back Avalanche’s $50B Real-World Crypto Ecosystem
- VanEck is launching the PurposeBuilt Fund to support real-world crypto applications on Avalanche.
- The fund will invest in post-token launch projects in sectors like gaming, finance, AI, and tokenized real-world assets.
- PurposeBuilt Fund reinforces Avalanche's role as a hub for enterprise-grade blockchain adoption.
- VanEck's strategic move signifies a shift towards sustainable token economies and real product-market fit in the crypto space.
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TheCryptoBasic
1d
64
Image Credit: TheCryptoBasic
Rich Dad Poor Dad Author Predicts Bitcoin Price If Gold Hits $25K, Says the End is Here!
- Robert Kiyosaki, author of Rich Dad Poor Dad, predicts a $500,000 - $1 million price target for Bitcoin if gold reaches $25,000 per ounce.
- Kiyosaki warns about hyperinflation in the U.S. due to the Federal Reserve's bond-buying trend and suggests investors consider store-of-value assets like Bitcoin, gold, and silver.
- He forecasts gold to surge to $25,000 per ounce and silver to $70, while setting a potential target for Bitcoin based on these price movements.
- Kiyosaki had previously forecasted Bitcoin to hit $500,000 by 2025 and $1 million by 2030.
- No specific timeline was provided for the predicted price targets of gold, silver, and Bitcoin.
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Cryptopotato
1d
83
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Bitcoin Price Rockets to New All-Time High Above $109K
- Bitcoin has surged to a new all-time high above $109,000 after four months.
- The rally led to liquidation of over $110 million in shorts, as per data from CoinGlass.
- BTC's price dipped under $75,000 during a turbulent period but reversed its trend and broke $100,000 on May 8.
- Whale and corporate accumulations hinting at bullish momentum preceded the recent price explosion.
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Crypto-News-Flash
1d
236
Image Credit: Crypto-News-Flash
Crypto Policy Takes Centre Stage in South Korea’s Election Campaign
- South Korean presidential candidates are focusing on amending laws to allow spot crypto ETFs and create a stablecoin backed by the Korean Won.
- The upcoming presidential election in South Korea on June 3rd has seen crypto take a significant role, with candidates aiming to attract the 15 million crypto investors in the country.
- All major candidates support the introduction of Bitcoin ETFs and institutional investment, despite the current ban on such activities in South Korea.
- South Korea is witnessing a shift in its crypto regulations, with recent developments like lifting a seven-year crypto ban by the Financial Services Commission.
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Hackernoon
1d
19
Image Credit: Hackernoon
Nexchain Crypto Presale is Now at Stage 13
- Nexchain is currently at Stage 13 of its presale and has raised $2.4 million, attracting attention from intelligent investors due to its innovative approach in developing a next-generation Layer-1 blockchain with real-world functionality and user-centric governance.
- Nexchain offers fast block finality, low transaction costs, and NEX token for fee payments and validator incentives, along with staking opportunities for users to actively engage in network consensus.
- The cryptocurrency market is witnessing notable developments, including Chiliz-Naver Pay collaboration, Cake Wallet's secret transactions feature for Bitcoin users, and MakerDAO's governance asset update to the SKY token.
- Nexchain's performance in its presale signifies a shift in investor focus towards assets with tangible applications, solid tokenomics, and promising development potential, positioning it as a promising investment in the growing crypto market.
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