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Cryptocurrency News
TronWeekly
11h
39
Image Credit: TronWeekly
ChatGPT Predicts Bitcoin Can Hit $135K in Q3 as BTC Records New All Time High
- Bitcoin reached a new all-time high of $118,000, with predictions from ChatGPT suggesting it could hit $135,000 in Q3 amid positive sentiment.
- Three key catalysts driving Bitcoin's price include macro policy shifts, institutional flows, and regulatory clarity, with potential to boost its performance.
- ChatGPT also recommends Bitcoin layer 2 project Bitcoin Hyper as an alternative with growth potential beyond Bitcoin's current value.
- While ChatGPT predicts a likely range of $120,000 to $135,000 for Bitcoin in Q3, a scenario reaching $150,000 could be possible with ETF flows and a decrease in interest rates.
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Coin Telegraph
11h
14
Image Credit: Coin Telegraph
HIVE Digital stock soars on BTC mining, revenue milestones
- HIVE Digital Technologies stock surged on Friday due to Bitcoin's rally and operational milestones in its mining business.
- The company exceeded 12 exahashes per second of Bitcoin mining hashrate and expects to generate $400 million in annualized revenue at 18 EH/s.
- CEO Aydin Kilic mentioned that HIVE is currently mining over 6 BTC per day with a 55% operating margin.
- The Bitcoin mining industry faces challenges post-halving, leading some to diversify into AI and HPC, with HIVE Digital also benefiting from this strategy by repurposing GPUs for AI workloads.
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Cryptopotato
11h
32
Image Credit: Cryptopotato
Analyst: Skip Bitcoin FOMO, Altcoins Offer Better Gains Now
- Bitcoin has hit a new all-time high near $119,000, but analyst CrediBULL Crypto suggests focusing on altcoins instead of chasing the BTC rally.
- CrediBULL warns that buying Bitcoin at current levels might not be ideal, and the real opportunity for gains lies in altcoins.
- Notable figures like former BitMEX CEO Arthur Hayes foresee a major altcoin rally following Bitcoin's surge, indicating a potential 'alt szn.'
- Altcoins like Ethereum, Cardano, Hyperliquid, and Solana are showing strong gains, outperforming Bitcoin in percentage increases.
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Technode
11h
136
Image Credit: Technode
Ant International refutes reporting Circle partnership, but stablecoin ambitions remain clear
- Ant International has refuted reports of partnering with Circle Internet Financial to integrate USDC stablecoin into its blockchain platform, stating they have no such plans.
- Ant's quick denial does not diminish its broader ambitions in the blockchain and stablecoin space, as the company actively seeks licenses, partnerships, and advances in technology.
- Ant processed over $1 trillion in transactions globally last year with around one-third on its blockchain, and is pursuing stablecoin licenses in Singapore, Hong Kong, and Luxembourg.
- Stablecoins are gaining traction with companies like PayPal, Walmart, Amazon, and asset managers exploring stablecoin initiatives, despite Ant International denying the partnership speculations with Circle.
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Livebitcoinnews
11h
57
Image Credit: Livebitcoinnews
Bitcoin Smashes All-Time Highs as $1B in Shorts Get Liquidated: $130k Next?
- Bitcoin reached a new all-time high, leading to $1 billion in liquidations in the market.
- Analysts speculate that prices could surge further to $130k before encountering significant profit taking.
- Bitcoin's success hinges on macroeconomic stability as any shocks could reverse the current bullish sentiment.
- Despite the potential for continued growth, risks remain, with $2.1 billion in long positions vulnerable to market fluctuations.
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TronWeekly
11h
43
Image Credit: TronWeekly
Pudgy Penguins (PENGU) Jumps 9.24% as Breakout Nears $0.25 Resistance Level
- Pudgy Penguins (PENGU) has surged by 9.24% in 24 hours, trading at $0.02123 with a trading volume of $2.06 billion.
- Key resistance levels at $0.22 and $0.25 are seen as potential breakout points for PENGU to reach a new all-time high.
- The token's listing on Hyperliquid and increasing Asian interest indicate its growing global popularity.
- With the potential for a breakthrough past resistance levels, Pudgy Penguins could establish itself as a breakout token with strong fundamentals and community support.
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Cryptoninjas
11h
348
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$250K Bitcoin on the Horizon? Crypto Week, CLARITY & GENIUS Acts Spark Institutional Frenzy
- Cardano founder predicts $250,000 BTC price driven by US crypto legislation.
- GENIUS and CLARITY Acts could reshape digital asset landscape, boosting market optimism.
- Expect institutional inflows surge with regulatory clarity unlocking new opportunities.
- Hoskinson's projection grounded in institutional appetite, stablecoin utility, regulatory frameworks, and market trends.
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Bravenewcoin
11h
334
Image Credit: Bravenewcoin
Bitcoin Hits $118K and ETH Tops $3K — Bitcoin Hyper Presale Gains Traction Amid Bull Surge
- Bitcoin surges past $118K with a 60% jump since April.
- Ether hits $3K and XRP rises near $2.60 amidst market boom.
- Bitcoin Hyper presale gains traction with innovative solutions and investment opportunities.
- The crypto rally is linked to dollar decline and growing debt concerns.
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The Fintech Times
11h
349
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G-Knot Prepares Launch of Biometric Crypto Wallet Backed by Finger Vein Authentication
- G-Knot is set to release a crypto wallet using finger vein biometrics for authentication, aiming to enhance security and eliminate the need for recovery phrases and private keys.
- The wallet will be the first of its kind to utilize finger vein identification, addressing security concerns in self-custody as crypto-related hacks continue to rise, resulting in significant losses.
- Wes Kaplan, with experience in fintech and digital assets, has been appointed as CEO to lead the launch. The technology is developed by eTunnel, a Seoul-based firm recognized by the United Nations for its biometric platform.
- G-Knot plans to offer a range of products utilizing this technology, targeting retail and enterprise users. The company aims to address security needs in a digital world with applications in digital identity and decentralized infrastructure.
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TronWeekly
11h
287
Image Credit: TronWeekly
XRP Surge: Will It Break Through $2.50 or Face a Pullback?
- XRP is currently trading at $2.58, up 5.53% with a weekly gain of 16.14% and a trading volume of $7.26 billion.
- A breakout above $2.50 could target $3.00, while a failure may lead XRP to the $2.00–$2.10 support zone.
- The RSI is at 73.86 and the bullish MACD signal strong momentum, but there are high risks of a pullback in the market.
- While recent positive developments in the market, including a significant investment in XRP treasury purchases and potential regulatory changes, are boosting sentiment, market players are advised to await confirmation of the next rally.
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Coin Telegraph
11h
187
Image Credit: Coin Telegraph
Dubai won the real estate tokenization play
- The crypto market shift demands real, tangible assets like real estate for investment.
- Dubai's new framework allows anyone to buy fractional shares in luxury real estate.
- Tokenization empowers global retail investors, offers funding alternatives to developers, and diversification.
- UAE's regulatory clarity around tokenization is attracting capital to tangible assets.
- Despite early challenges, Dubai is now leading in RWA tokenization.
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Cryptopotato
11h
28
Image Credit: Cryptopotato
MemeCore (M) Explodes by 1,100% Weekly: What’s Fueling the Parabolic Move?
- MemeCoin MemeCore (M) has surged by 1,100% in a week, trading at $0.68 with listings on major exchanges.
- The rally is fueled by support from top exchanges like Binance Alpha, Kraken, and partnerships, including market maker Klein Labs.
- MemeCore presents itself as a unique Layer 1 blockchain for 'Meme 2.0' with a Proof of Meme consensus mechanism.
- While some see potential for long-term growth, M's meme coin nature suggests high volatility, emphasizing caution for traders.
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Newsbtc
11h
299
The Last Time This Happened Cardano Rose 55%, ADA Analyst Makes Bold Prediction
- Cardano has been performing well on low timeframes and is indicating potential for further profits as Bitcoin reaches new all-time highs and the awaited altcoin season nears.
- Analyst Ali Martinez suggests that Cardano could replicate a historical bull run, with a bullish pattern indicating a potential rise above the critical level of $1, as the cryptocurrency maintains a drive similar to previous trends.
- Another analyst is even more bullish, proposing a potential 212% rally for ADA in the coming weeks, with a target price of around $1.7, based on past pattern mirroring.
- Long-term predictions for Cardano reaching $5 are fueled by recent announcements, including a partnership with Tx Pipe to boost developer growth in Argentina, enhancing the Cardano ecosystem according to CEO Charles Hoskinson.
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Blockonomi
12h
223
Image Credit: Blockonomi
Cardano Breakout Gains Speed: Is a $2 ADA Price Rally Now in Play?
- ADA price rallies 19.5% in 24 hours, breaking from a symmetrical triangle formation.
- Cardano reclaims 50-week EMA, historically followed by over 100% price surges, with indications toward $1.77 and $2 targets.
- RSI and volume spikes support ADA's bullish momentum for further gains, mimicking previous rallies.
- Cardano's current breakout suggests potential for significant upside toward $2, drawing optimism from traders amidst broader market strength.
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