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Cryptocurrency News
TronWeekly
3w
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Coinbase CLO Supports Paul Atkins for Securities and Exchange Commission (SEC) Leadership
- Coinbase CLO supports Paul Atkins, highlighting his push for regulatory clarity and innovation in digital assets.
- Atkins and Jonathan Gould promise to put an end to “debanking,” seeking to reinstate basic financial principles in regulations.
- Atkins’ $327M net worth is raising conflict-of-interest concerns, with Senator Warren questioning his Wall Street ties.
- While the crypto industry welcomes Atkins’ regulatory approach, opposition from Democrats, especially Warren, may pose hurdles to his confirmation.
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99Bitcoins
3w
250
NYSE Imposes Short Sale Restriction on GameStop as Short Interest Surges 234%
- The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop (GME) as the stock experiences a surge of 234% in short-selling activity.
- GameStop's short sales volume soared by 234% in 24 hours, reaching 30.85 million shares sold short.
- The NYSE SSR rule is triggered when a stock declines by more than 10% from its previous day's close. GameStop's stock plunged 22% during the trading session.
- GameStop recently announced a $1.3 billion convertible notes offering and a Bitcoin investment plan, sparking both interest and skepticism among investors.
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TronWeekly
3w
87
Image Credit: TronWeekly
Best Crypto To Buy Now; XRP, ADA, RTX, DOGE & ETH! Why Are These 4 Tokens All Set to Outperform the NASDAQ?
- Investors are eyeing XRP, ADA, RTX, DOGE, and ETH as potential outperformers of the NASDAQ, considering the current crypto trends.
- XRP, despite recent volatility, retains optimism for a comeback, supported by high liquidity, institutional ties, and network effects.
- Cardano's systematic route to growth is highlighted by its eco-friendly architecture, peer-reviewed development, and future protocol enhancements.
- Despite challenges from more advanced tokens, Dogecoin sustains itself with meme culture, social media presence, and celebrity endorsements.
- Ethereum's position as a leading smart contract chain is backed by its role in NFTs, DeFi, and ongoing upgrades for scalability and performance.
- Remittance-focused token Remittix (RTX) is gaining attention for its real-world utility, disrupting the remittance market with fast, low-fee cross-border payments.
- Remittix's emphasis on user-friendly fiat conversion, swift settlements, and security through open ledger transactions distinguishes it in the crypto space.
- The potential success of Remittix in simplifying international payments could lead to significant demand, surpassing older projects in adoption and growth.
- Cryptocurrencies like XRP, ADA, RTX, DOGE, and ETH, with practical applications and utility, are positioned to outperform traditional equities like the NASDAQ.
- Macro trends may impact crypto gains, but the alignment of future payment tools, DeFi networks, and growing adoption could give these tokens an edge in the market.
- Remittix's focus on revolutionizing cross-border transactions with minimal fees, fast settlements, and simple integration could be a game-changer in global finance.
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Cryptoticker
3w
355
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Cardano Aiming for $10? Big Move Coming?
- Cardano (ADA) has been consolidating in a tight range after a correction from its local highs above $1.20.
- The key moving averages are currently flat or converging, indicating market compression.
- The RSI is in a neutral zone, showing a lack of momentum in the consolidation phase.
- For Cardano to reach $10, it would require a full-blown bull market, widespread adoption, and ecosystem growth.
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21 Likes
99Bitcoins
3w
228
Bosera and HashKey to Launch World’s First Tokenized Money Market ETFs in Hong Kong
- Chinese asset manager Bosera Asset Management (International) and Hong Kong based HashKey Group are set to launch the world's first tokenized money market ETFs in Hong Kong.
- The tokenized share classes of two existing ETFs will be introduced, offering retail and institutional investors enhanced transparency, efficiency, and access through decentralized networks.
- The ETFs will leverage blockchain technology to convert traditional asset rights into digital tokens, providing investors with exposure to high-quality instruments with a liquid and stable return profile.
- The initiative is part of Hong Kong's Project Ensemble sandbox, aiming to modernize financial infrastructure using blockchain technology and enhance the efficiency, transparency, and cost-effectiveness of financial transactions.
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Blockonomi
3w
26
Image Credit: Blockonomi
XRP (XRP) Price: Analysts Forecast Rise to $10 Following Regulatory Clarity
- XRP has regulatory clarity after the SEC dropped its lawsuit against Ripple
- Analysts predict XRP could reach $5-$10 in 2025, with some forecasting as high as $11
- Potential catalysts include possible XRP ETF approval with an 87% probability this year
- XRP may benefit from inclusion in the U.S. Digital Asset Stockpile
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Blockonomi
3w
250
Image Credit: Blockonomi
GameStop Stock Falls 22% After Bitcoin Acquisition Plans Announced
- GameStop's short sales volume increased 234%, reaching 30.85 million shares.
- NYSE imposed a Short Sale Restriction after GME stock fell 22%.
- GameStop announced plans to purchase Bitcoin using proceeds from a $1.3 billion convertible notes offering.
- Analysts question the strategic value of GameStop's Bitcoin acquisition plans.
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15 Likes
Coinjournal
3w
390
HashKey, Bosera partner to launch world’s first tokenized money market ETFs
- HashKey Group and Bosera Asset Management have partnered to launch the world’s first tokenized money market ETFs.
- The ETFs, approved by the Hong Kong SFC, are part of Hong Kong’s 'Project Ensemble' led by the Hong Kong Monetary Authority.
- Scheduled to launch in April, these tokenized money market ETFs provide investors with direct exposure to high-quality money market instruments in a digital format.
- HashKey Exchange will serve as the primary distribution channel, ensuring a seamless and secure investment experience.
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23 Likes
Bitcoinist
3w
35
Image Credit: Bitcoinist
Bitcoin Reserve Bill Gains Urgency As US Senator Calls For August Vote
- Senator Bernie Moreno wants the US to start buying Bitcoin and establish a national Bitcoin reserve.
- He believes it is important for the country to stay strong financially, and wants to collect 1 million BTC over five years.
- Opinions about the bill passing are mixed, with some experts giving it a 30% chance and others estimating 50-60%.
- If the US buys a significant amount of Bitcoin, it could have implications for its global leadership in money and the perception of cryptocurrency.
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2 Likes
Crypto-News-Flash
3w
430
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Linear Finance Calls It Quits as Cash Flow Runs Dry
- Linear Finance has decided to shut down all operations after Binance delisted the LINA token, causing a 65% drop in market value.
- The closure process will be explained to users directly, raising questions about funds and safe exits.
- The cash flow crisis, not the technology, led to Linear Finance's downfall.
- Binance's delisting of multiple tokens, including LINA, is part of their cleanup efforts to improve market quality.
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25 Likes
TronWeekly
3w
254
Image Credit: TronWeekly
Tired Of Poor Performance On The S & P500? Put $1,000 Into Cardano, Remttix & Ethereum And Watch Your Money 10x In Two Years
- Investing in cryptocurrencies like Cardano (ADA), Remittix (RTX), and Ethereum (ETH) can offer potential high returns and portfolio diversification.
- Cardano (ADA) is trading at around $0.7268, and if it clears $0.77 and closes above it, a possible 13% rally is anticipated, targeting the next resistance zone near $0.83.
- Ethereum (ETH) has potential for higher prices with strong accumulation, decreased supply, and increased demand for its DeFi, NFT, and enterprise applications.
- Remittix (RTX) aims to make cross-border payments cheaper and faster and could see a significant price increase if it partners with big e-commerce platforms or payroll giants.
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15 Likes
TronWeekly
3w
78
Image Credit: TronWeekly
Bitcoin’s Battle at $84K Support Could Determine Next Move to $92K
- Bitcoin is testing a key support level at $84K-$85.9K after dropping from $88,300.
- The U.S. government move of $8M in BTC raises market speculation.
- Holding the $84K support level could push BTC towards $92K-$95K.
- Traders anticipate volatility as BTC faces a crucial moment.
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4 Likes
TheNewsCrypto
3w
215
Image Credit: TheNewsCrypto
Is Cronos (CRO) 38% Weekly Surge Suggest a Further Bullish Rally?
- Cronos (CRO) price surged by 38% over the past week, signaling bullishness.
- Bulls are driving the trend, breaking resistance levels and approaching the $0.1108 mark.
- CRO is currently trading above its 50-day and 200-day EMAs, indicating positive price momentum.
- RSI and MACD indicators show a bullish outlook, while rising volumes fuel optimism among investors.
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12 Likes
Coinpedia
3w
364
Image Credit: Coinpedia
Crypto Market Crash Today Amid Trump’s Tariff Threats; U.S. PCE Data in Focus
- President Trump's latest tariff threats on Canada and the EU caused a market crash, impacting cryptocurrencies like Dogecoin, Ether, and XRP.
- Trade tensions escalated as Trump signed an order imposing a 25% tariff on auto imports, with reciprocal tariffs set to start on April 2.
- Cryptocurrencies experienced an average drop of 4.5%, with Dogecoin leading the decline at 7%. Bitcoin and Ethereum also saw decreases.
- Attention now turns to the U.S. personal consumption expenditure (PCE) data release and the impact it may have on the market.
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21 Likes
TronWeekly
3w
372
Image Credit: TronWeekly
Ethereum Price Could Rally To $3,500 If The Pectra Upgrade Is A Success, But Will It Bestow Bigger Than Cardano & Remittix This April
- Ethereum's price could reach $3,500 with the successful Pectra upgrade, but faces competition from Cardano and Remittix in April.
- The Pectra upgrade aims to improve Ethereum's scalability and transaction efficiency.
- Cardano, with its low-cost solutions, poses a strong competition to Ethereum in the blockchain ecosystem.
- Remittix's real-time crypto-to-fiat conversion presents a game-changing option for cross-border payments, challenging Ethereum's status.
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