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Cryptocurrency News
Crypto-News-Flash
5d
236
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AAVE Price Outlook: Will Record DeFi Inflows Push It Beyond $300?
- Aave (AAVE) price hovers just below $300, supported by strong market optimism and DeFi activity.
- Record total value locked at $26.49 billion for Aave, indicating growing user confidence in decentralized lending platforms.
- Technical indicators suggest bullish movement for AAVE, with a target price of $305.71.
- Market sentiment leans towards long positions with increasing open interest in AAVE futures, anticipating a potential breakout above $305.71.
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Crypto-News-Flash
5d
171
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Ripple Studied by Central Banks as Alternative to SWIFT—XRP Integration in Sight?
- Central banks are considering Ripple as an alternative to SWIFT for facilitating international payments.
- A joint research initiative by the European Central Bank and the Bank of Japan, called Project Stella, studied Ripple's DLT for cross-border transactions alongside SWIFT.
- Ripple's instant settlement system through RippleNet offers faster, more transparent, and cheaper cross-border payments compared to SWIFT.
- X Finance Bull's social media post hints at potential XRP integration in global financial systems, leading to price speculations amidst recent positive price movements.
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Bitcoinist
5d
151
Image Credit: Bitcoinist
Solana Blockchain Lights Up With Increased Network Activity – What’s Going On?
- Solana's price has surged above $150 amidst a broader cryptocurrency sector recovery.
- User activity on the Solana network has notably increased, with millions of active wallets.
- Historically, spikes in active addresses have preceded price increases, potentially signaling a bullish trend for SOL.
- Anticipated moves for SOL include a potential surge to $350, supported by a significant uptick in wallet addresses.
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Bravenewcoin
5d
82
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As Bitcoin Nears $110K, Traders Bet on Bitcoin Hyper to Lead the Next Rally
- Bitcoin is approaching the $110K mark, with on-chain data indicating the formation of a potential support zone at $100K and strong bullish sentiment in the crypto community.
- Interest is shifting towards newer breakout tokens like Bitcoin Hyper, a Layer-2 protocol on pre-sale with strategic investors accumulating $HYPER in anticipation of market growth.
- Despite short-term volatility expectations, Bitcoin is displaying bullish signals such as decreased exchange flow and large BTC transfers to institutional wallets, suggesting long-term strategic moves.
- Bitcoin Hyper, built on Solana Virtual Machine, offers sub-second transaction speeds, low fees, and integration of smart contracts, DeFi, and dApps within the Bitcoin ecosystem, attracting investor attention.
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Pymnts
5d
245
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Chainalysis CEO Jonathan Levin Says Blockchain Can Facilitate Action Against Criminals
- Chainalysis CEO Jonathan Levin believes that blockchain technology can benefit the United States if regulators embrace its transparency, speed, and programmability.
- Levin highlighted the importance of a policy framework acknowledging blockchain's unique financial oversight model and the need for public information as the basis for overseeing the system.
- He emphasized that blockchain enhances the ability to combat illicit activities by swiftly tracking money flow, freezing assets, and seizing them, as illustrated by a case involving collaboration between crypto exchange OKX, stablecoin issuer Tether, and the United States Secret Service.
- Levin's remarks were part of a Senate Banking Committee hearing focused on blockchain technology and digital assets, aiming to establish a framework providing clarity for innovators and protections for investors.
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Bravenewcoin
5d
367
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SEI Price Holds at $0.25 While TVL and User Growth Hit Record Highs
- Sei Network's (SEI) price has remained stable around $0.25 amidst record-high levels of Total Value Locked (TVL) and user growth.
- The network's TVL has surged past $624 million, and the user base has exceeded 266,000, indicating sustained real activity growth.
- Despite the stability in SEI price, the increasing TVL and user numbers suggest a disconnect between market performance and actual on-chain growth.
- Analysts point out that as more capital and users flow into SEI's ecosystem, the attention may shift towards whether the token's price will reflect the network's expanding fundamentals.
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TronWeekly
5d
285
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Google’s AI Gemini Predicts Price of Bitcoin, Solana, Pi Network by End of 2025
- Google's AI Gemini predicts Bitcoin could reach $185,000 by the end of 2021, driven by factors like reduced BTC issuance, institutional interest, and dollar hedging.
- Gemini also forecasts Solana (SOL) to hit $410 by December, citing its technological advancements and growing DeFi ecosystem.
- Additionally, Gemini predicts a 300% rally for Pi Network (PI) by 2025 to $1.85, hinging on potential listings and increased adoption.
- Bitcoin Hyper, seen as a Layer-2 solution for Bitcoin, is anticipated by Gemini to surge to $0.125 with its innovative features and staking opportunities.
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Livebitcoinnews
5d
85
Image Credit: Livebitcoinnews
Circle, OKX Partner to Boost USDC Liquidity
- Circle and OKX have partnered to enhance USDC liquidity worldwide, allowing over 60 million OKX users to swap USD and USDC seamlessly.
- The collaboration aims to promote the use of USDC in various transactions, making money in and out of cryptocurrency more accessible.
- Education programs will be conducted to raise awareness about stablecoins like USDC, emphasizing their functionality and benefits in the digital economy.
- Leaders from Circle and OKX, including Jeremy Allaire and Star Xu, express optimism about the partnership driving USDC demand and making stablecoins a common part of finance.
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Crypto-News-Flash
5d
351
Image Credit: Crypto-News-Flash
New Zealand Bans All Crypto ATMs in Sweeping Anti-Crime Push
- New Zealand bans all cryptocurrency ATMs and imposes a $5,000 cap on international cash transfers to combat money laundering and criminal activities.
- The move aims to hinder criminal groups from using crypto ATMs to launder money, commit fraud, and fund illegal activities.
- The ban on over 200 crypto ATMs in New Zealand is part of a broader anti-money laundering law to prevent illicit fund transfers and enhance regulatory oversight.
- The Financial Intelligence Unit will gain expanded powers to request information from financial institutions to track suspicious activities in line with global efforts to combat financial crimes.
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Bitcoinmagazine
5d
212
KULR Expands Bitcoin Mining Operations to 750 PH/s, Targets 1.25 EH/s by Late Summer
- KULR Technology Group, Inc. expands its Bitcoin mining operations to 750 petahash per second (PH/s) by deploying 3,570 Bitmain S19 XP 140T mining machines in Paraguay.
- The company aims to reach 1.25 exahash per second (EH/s) by late summer through its dual-pronged 'buy-or-mine' Bitcoin accumulation strategy.
- KULR has partnered with a U.S.-listed company for ASIC miner leasing and operational support, while leveraging Paraguay's low-cost hydroelectric power for reduced operational costs.
- The company has secured a $20 million Bitcoin-backed credit facility, emphasizing its long-term Bitcoin holdings strategy and commitment to integrating Bitcoin into its balance sheet.
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Bravenewcoin
5d
102
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Dogwifhat Price Prediction: WIF Builds Momentum as Volume Surges Past $236M
- After a sharp rally, Dogwifhat (WIF) has entered a corrective phase but remains above recent lows.
- Total volume for WIF surged past $236 million in the past 24 hours, indicating increased market engagement.
- The price of WIF met support near $0.84 after a parabolic move and subsequent retracement, with a consolidation phase forming.
- Indicators suggest balanced momentum for WIF, with the need for a breakout above $0.87 for a bullish trend reversal.
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Coinjournal
5d
155
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Donald Trump Jr. backs social media startup aiming to become a crypto powerhouse
- Donald Trump Jr. has invested $4 million in the crypto-focused startup Thumzup Media Corp., despite its minimal revenue.
- Thumzup plans to allocate up to 90% of its liquid assets to Bitcoin and other cryptocurrencies, with a diversified portfolio including Ethereum, Solana, Dogecoin, and more.
- The Trump family, including Donald Trump Jr. and Eric Trump, is increasing its involvement in the crypto space, advising companies like Dominari Securities and Metaplanet, and exploring investments in Bitcoin-related ventures.
- The move represents a shift in the Trump family's stance on cryptocurrency, from skepticism to active participation, aiming to tap into financial opportunities and engage with the growing base of digital asset enthusiasts.
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Coinpedia
5d
265
Image Credit: Coinpedia
Tokenized Securities are Still Securities: SEC Commissioner Hester Pierce Says
- SEC Commissioner Hester Pierce cautions traditional financial institutions to adhere to securities laws when venturing into blockchain tokenization of real-world assets.
- She advises market participants to consult with the commission and its staff before offering tokenized securities to ensure regulatory compliance.
- Despite the growing interest in tokenizing real-world assets by traditional financial institutions, Hester reminds that tokenized securities are subject to federal securities laws.
- Hester's statement underscores that tokenized securities are still considered securities and must comply with existing regulations, indicating a cautious approach to this emerging trend.
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TheCryptoBasic
5d
61
Image Credit: TheCryptoBasic
Swap SYRUP On StealthEX: Your Gateway To Maple Finance’s Revolutionary DeFi Token
- Exchange SYRUP tokens effortlessly on StealthEX, with no registration needed.
- Explore Maple Finance's DeFi platform and SYRUP's innovative utility. Benefit from StealthEX's user-friendly swaps.
- SYRUP represents DeFi evolution, offering governance rights, staking rewards, and ecosystem participation.
- StealthEX's seamless exchange process makes acquiring SYRUP convenient and straightforward for users.
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Bravenewcoin
5d
40
Image Credit: Bravenewcoin
Ethereum (ETH) Price Prediction: ETH Bulls Target $3,200 as Golden Cross Forms and Whale Accumulation Strengthens
- ETH's bullish trend eyes $3,200 resistance with promising technical signals and institutional demand.
- Golden Cross formation and RSI strength hint at $3,200 target, supported by institutional backing.
- Layer 2 growth, institutional inflows, and whale accumulation strengthen Ethereum's upward trajectory.
- ETH's fundamentals, staking, ETF speculation, and price momentum all support future positive trends.
- Ethereum has potential to surpass $3,200 and aims for $4,000, backed by strong market fundamentals.
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