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Cryptocurrency News
TheNewsCrypto
17h
287
Image Credit: TheNewsCrypto
FTX Begins Creditor Payouts in May With Outdated Token Valuations
- FTX will begin repaying major creditors on May 30 using $11.4B in cash.
- Repayments will be based on asset values from November 2022, not current prices.
- Creditors feel shortchanged as tokens like Bitcoin, Solana, and XRP have surged in value since 2022.
- The repayment process may take months due to the high volume of claims and need for verification.
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Coinpedia
18h
335
Image Credit: Coinpedia
Bitcoin Price Battles to Stay Above $83k, Is the Rally Done?
- Bitcoin (BTC) is facing increasing pressure as key support levels are breaking, raising concerns about the end of its recent upward trend.
- Bitcoin has dropped below a critical Fibonacci support level around $83,000, suggesting a reversal in the short-term trend.
- Resistance levels at $85,000 and $88,000 are acting as key obstacles, and a daily close below $83,000 would add more downward pressure on the price.
- The bullish momentum is fading, with the daily Relative Strength Index (RSI) approaching a critical threshold, indicating the end of the bullish trend.
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Crypto-News-Flash
18h
14
Image Credit: Crypto-News-Flash
Binance Wallet Adds Direct CEX-to-DEX Trading Feature
- Binance Wallet users can now trade directly using exchange balances across Ethereum, Solana, Base, and BNB Chain.
- Feature requires KYC and a non-custodial wallet, with purchased tokens sent directly to user-controlled addresses.
- Binance Wallet introduces "CEX-to-DEX trading" feature, allowing users to trade directly from their Binance Wallet using their account balance on Binance Exchange.
- Binance secures $2 billion fund from Abu Dhabi's MGX to integrate AI, blockchain, and finance.
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TronWeekly
18h
99
Image Credit: TronWeekly
Brazil’s Bitcoin Reserve Initiative Could Reshape National Wealth Strategy
- Brazil is considering allocating 5% ($18.3B) of its reserves to Bitcoin, aiming to enhance economic resilience and promote digital asset adoption.
- The proposal suggests that employees receive up to 50% of their wages in BTC, which would boost national crypto integration.
- Brazil is inspired by the US and El Salvador in its efforts to establish a sovereign BTC reserve with blockchain security.
- Supporters of the initiative believe that a Bitcoin reserve would improve economic stability and make Brazil a leader in the digital economy and innovative finance.
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TheCryptoBasic
18h
121
Image Credit: TheCryptoBasic
Here’s How High Shiba Inu Can Go if BlackRock Invests Just 1% of Its $10T AUM into SHIB
- Enthusiasts hope that BlackRock's involvement in Shiba Inu could significantly impact the coin's price.
- A theoretical analysis suggests that if BlackRock were to invest 1% of its $10 trillion AUM into SHIB, the price could potentially jump to $0.0001696, giving SHIB holders over 13 times growth.
- If other asset managers like Vanguard or Fidelity also invested 1% of their AUM into SHIB, the price could increase to $0.00014 and $0.000076 respectively, reflecting significant growth for the coin.
- BlackRock's involvement in Bitcoin ETFs in the past has shown institutional demand and caused significant price increases, leading to anticipation for their involvement in other crypto ETFs.
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Coinpedia
18h
158
Image Credit: Coinpedia
XRP Price Breakout Alert: Short, Mid and Long Term Scenarios Revealed
- XRP is holding strong above its 200-day moving average cloud, showing resilience in a shaky market.
- XRP's relative strength compared to other altcoins suggests a possible breakout if the market improves.
- XRP's long-term outlook depends on regulatory developments and broader crypto adoption.
- Positive market conditions and regulatory clarity could potentially lead XRP to reach $5 or more.
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Cryptopotato
19h
288
Image Credit: Cryptopotato
Is ETH Dead as an Investment? Analysts Weigh In
- ETH is underperforming as an investment, leading to criticism and speculation in the crypto community.
- Quinn Thompson, founder of Lekker Capital, believes that ETH is dead as an investment, citing decline in transaction activity, user growth, fees, and revenue.
- Nic Carter, co-founder of Coinmetrics, agrees with Thompson, attributing ETH's death to greedy layer-2 networks siphoning value from the blockchain and the creation of excess tokens.
- Some analysts blame the emergence of layer-2 chains and Bitcoin maximalists for cheering the creation of excess tokens on Ethereum, leading to its decline as an investment.
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Crypto-News-Flash
19h
111
Image Credit: Crypto-News-Flash
Chainlink Bears in Control—Can LINK Avoid a Deeper Crash?
- Chainlink (LINK) price is under bear pressure with heightened volatility.
- It has lost gains made during market-wide selling pressure.
- Analysts closely monitoring if the latest drop will lead to further decline or potential recovery.
- Chainlink secured a major partnership with the Abu Dhabi Global Market (ADGM) to advance blockchain adoption and regulatory progress.
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Bitcoinist
19h
92
Image Credit: Bitcoinist
Why Bitcoin Seasoned Investors Are Accumulating — Analyst Evaluates BTC’s Current Phase
- Seasoned BTC investors are accumulating the cryptocurrency, indicating a positive shift in behavior.
- Experienced investors have been accumulating Bitcoin in multiple phases of the current cycle.
- Value Days Destroyed (VDD) metric suggests a lack of significant selling pressure from seasoned investors.
- The behavior of seasoned Bitcoin holders points towards potential price growth in the medium term.
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Crypto-News-Flash
19h
7
Image Credit: Crypto-News-Flash
Thailand’s SEC Goes After OKX for Unlicensed Crypto Services Case
- Thailand’s SEC files a criminal complaint against OKX for operating a crypto exchange without a proper license.
- The complaint includes nine individuals who allegedly promoted OKX through various online platforms.
- Thailand is balancing its digital ambitions with regulatory measures in the crypto industry.
- The country aims to strengthen its position in the digital economy and support the carbon trading market.
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TronWeekly
19h
316
Image Credit: TronWeekly
Pi Network (PI) Drops 70% in 30 Days, But Hope for a $1.50 Recovery Remains
- Pi Network (PI) has dropped over 70% in the past month, with limited exchange listings and liquidity issues affecting its growth.
- Rebounding to a range of $1.22 - $1.50 is possible if market conditions improve and necessary developments, such as exchange listings, are implemented.
- The lack of major exchange listings has constrained PI's growth potential and increased selling pressure, leading to a negative market sentiment.
- Addressing challenges such as exchange listings and liquidity concerns will be crucial in determining the future price movement of PI.
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Cryptoticker
19h
100
Image Credit: Cryptoticker
Dogecoin Mining vs. Bitcoin Mining: Which Is More Profitable in 2025?
- In 2025, Dogecoin mining is gaining traction and being considered more profitable compared to Bitcoin mining.
- Merged mining with Litecoin has boosted Dogecoin's appeal by allowing miners to earn both DOGE and LTC rewards simultaneously.
- Elon Musk's support and DOGE's cultural significance contribute to its attractiveness for miners.
- While Bitcoin mining still generates higher raw returns per machine, it is becoming increasingly challenging for newcomers.
- Dogecoin, through merged mining, offers a more accessible income stream and lower barrier to entry.
- Publicly listed companies like VivoPower and BIT Mining are venturing into Dogecoin mining for profitability.
- Small businesses are also engaging in Dogecoin mining for revenue generation and practical benefits like heat reuse.
- Dogecoin's uncapped supply and inflationary model offer a different mining incentive compared to Bitcoin's capped supply.
- With its profitability, community appeal, and support from influencers, Dogecoin mining is gaining importance in the crypto mining landscape.
- For small to medium-sized miners or entrepreneurs seeking passive income, Dogecoin mining in 2025 presents a lucrative opportunity.
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Medium
19h
281
Image Credit: Medium
The ICP Paladin.
- In the year 2045, a paladin named ICP (Internet Computer Protocol) emerges to liberate the world from financial oppression, monopolies, and dark interests.
- ICP Paladin, armed with Chain Key Technology, sets out on a quest to conquer the Castle of Free Internet and dismantle centralized barriers.
- With the power of decentralized hosting and blockchain layers, ICP battles adversaries like Gatekeeper Algorithms and Data Silos, protecting user data and privacy.
- ICP's victory ushers in an era of decentralization, where users interact freely without fear of exploitation or censorship.
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TronWeekly
20h
201
Image Credit: TronWeekly
Dogecoin (DOGE) Gathers Strength, But Limited Upside Above $0.185
- Dogecoin (DOGE) has gained 2% over the past week, showing resilience despite market volatility.
- RSI signals suggest a potential short-term reversal, indicating relief from the current downtrend.
- A liquidation scan highlights $0.1789 as a critical price point, with significant long liquidation pressure below $0.175.
- Limited upside potential above $0.185 due to minimal short liquidation pressure.
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Cryptoninjas
21h
245
Image Credit: Cryptoninjas
Gate.io Exchange Review 2025: Safety, Features and Fees
- Gate.io is a global cryptocurrency exchange serving over 17 million users in 175 countries, offering trading services for digital assets and automated tools.
- The exchange integrates a gateway to the DeFi and Web3 ecosystems, allowing users to swap tokens, trade DEX features, and participate in NFT marketplaces.
- Gate.io supports over 2000 cryptocurrencies and 1000+ trading pairs, with features like Futures and Spot trading, automated trading tools, NFT marketplace, and GateToken.
- Security measures at Gate.io include Multi-factor authentication, proof of reserves, anti-phishing measures, and cold storage to protect user funds and data.
- Pros of Gate.io include support for 2000+ cryptocurrencies, proof of reserves, strong security, below-average fees, various trading options, and advanced features like staking and NFT marketplace.
- Cons of Gate.io include limited customer support, compulsory KYC for withdrawals, and a complex interface that might not be beginner-friendly.
- Users in over 180 countries can access Gate.io, with geographic restrictions in countries like the US, China, Singapore, and others.
- Gate.io emphasizes safety through features like cold wallet storage, Multi-factor authentication, anti-phishing measures, and withdrawal whitelists.
- Key features of Gate.io include buying/selling crypto, spot, futures, margin trading, NFT marketplace, trading bots, copy trading tools, GT tokens, and staking programs.
- Gate.io's fees include trading fees of 0.2% for spot trading and 0.15% for makers in futures trading, with various deposit and withdrawal fees based on cryptocurrency.
- To open an account on Gate.io, users need to create an account, complete KYC verification, fund the account, and start trading with access to various services and rewards.
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