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99Bitcoins
4d
64
Bitcoin to $500K? Standard Chartered Says It’s Possible by 2029
- Standard Chartered predicts Bitcoin hitting $500,000 per coin by 2029 based on trends in ETFs, equities, and sovereign funds.
- Governments are acquiring Bitcoin exposure indirectly by investing in companies like MicroStrategy, which holds a significant amount of BTC.
- Indirect exposure allows institutions to participate in Bitcoin's potential growth without dealing with custody issues, volatility, or public scrutiny.
- Standard Chartered emphasizes the shift in how institutions view Bitcoin, suggesting a gradual increase in BTC adoption among portfolios leading to a possible $500K price target by 2029.
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Coin Telegraph
4d
129
Image Credit: Coin Telegraph
Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury
- Strive aims to build its Bitcoin treasury by purchasing 75,000 Bitcoin claims from Mt. Gox at a discount through a partnership with 117 Castell Advisory Group LLC.
- The company plans to increase its Bitcoin holdings to enhance its Bitcoin per share ratio before a reverse merger with Asset Entities, expected to be completed mid-year.
- Strive will need shareholder approval to pursue Mt. Gox claims and intends to file details of the transaction with the SEC followed by a proxy statement for shareholders' consent.
- The move by Strive to become a Bitcoin treasury company aligns with the industry trend of firms incorporating Bitcoin as a strategic asset on their balance sheets for the long term.
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Bitcoinmagazine
4d
154
Attendees At First New York City Crypto Summit Implore Mayor Adams To End The BitLicense
- Attendees at the first New York City Crypto Summit urged Mayor Adams to end the BitLicense, citing it as a barrier to crypto innovation in the city.
- The summit, held at Gracie Mansion, gathered key figures from the crypto industry to discuss challenges and solutions in New York.
- Mayor Adams empathized with the attendees, acknowledging past persecutions and expressing his desire to make NYC a crypto hub.
- The requirement for a BitLicense in New York makes it difficult and expensive for startups to operate in the state.
- Suggestions included creating a regulatory sandbox or making NYC a sanctuary city from the BitLicense to promote crypto growth.
- Galaxy CEO Mike Novogratz emphasized the need for favorable crypto legislation in New York to foster industry growth.
- Attendees also proposed innovative crypto applications, financial services for unbanked residents, and blockchain education in schools.
- Mayor Adams called for collaboration with industry experts to navigate crypto regulations and create a more welcoming environment.
- The event highlighted the need for proactive steps to make NYC a welcoming place for crypto companies, signaling a potential shift in regulatory approach.
- Overall, the summit showcased a shared goal of promoting crypto innovation in New York and overcoming regulatory challenges like the BitLicense.
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Bravenewcoin
4d
32
Image Credit: Bravenewcoin
Dogecoin (DOGE) Price Prediction: DOGE Bulls Regain Control as Analysts Eye 174% Rally Toward $0.65
- After a recent correction, Dogecoin (DOGE) shows signs of bullish momentum, with experts predicting a potential 174% rally towards $0.65.
- The $0.215 level has become a strong support zone for DOGE, leading to cautious optimism among traders.
- Technical analysis suggests a V-shaped reversal with increased volume, indicating renewed interest from investors.
- Analysts foresee DOGE breaking key resistances at $0.2325 and $0.25, paving the way for further gains.
- Long-term expectations remain positive, with a target of $0.65 predicted by analyst Javon Marks, supported by a breakout trendline.
- Before hitting targets like $0.65, DOGE must surpass significant resistance levels around $0.25–$0.26.
- On-chain data reveals growing network activity and user interest in Dogecoin, indicating potential for sustained growth.
- Despite near-term obstacles, the technical setup aligns for a potential bullish breakout if current support levels are maintained.
- Dogecoin's momentum shift in favor of bulls highlights the ongoing battle between buyers and sellers for market dominance.
- Investors are keeping a close watch on DOGE's ability to break through resistance levels and maintain its upward trajectory.
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Bitcoinist
4d
219
Image Credit: Bitcoinist
Bitcoin LTH Distribution Not Over Yet – Can Institutions Absorb The Remaining Supply?
- Bitcoin spiked to $107,000 before retracing, leading to market volatility and uncertainty among investors.
- Long-Term Holders have decreased their supply of Bitcoin in the market, hinting at profit-taking as prices hit new highs.
- The current price consolidation around $100K is seen as a crucial level for Bitcoin, with resistance near ATH posing a challenge.
- Institutional demand will play a significant role in absorbing future Bitcoin supply, while bulls aim to reclaim momentum above $106K.
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TronWeekly
4d
89
Image Credit: TronWeekly
Solana (SOL) Weekly Review: Key Support Holds, But Volume Drops Raise Caution Flags
- Solana price stabilizes above critical $162 support amid lower volatility.
- Alpenglow upgrade slashes transaction finality from 12 seconds to 150 milliseconds.
- Analysts predict moderate price fluctuations for Solana through 2025, with potential slight ROI.
- Solana (SOL) trading at $166.61, up 1.30% with reduced trading volumes of $3.8 billion in the last 24 hours.
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Coindoo
4d
89
Image Credit: Coindoo
BlockDAG Sets Price at $0.0020 Until June 13 as 2,520% BDAG Growth & 20 Upcoming Exchange Listings Drive Demand
- BlockDAG has fixed its price at $0.0020 until June 13, despite Batch 28 priced at $0.0262, aiming for control rather than short-term gains.
- This move sets BlockDAG apart by offering stability and equal access in the presale market, avoiding price jumps and panic buys.
- With 20 exchange listings confirmed before launch, including MEXC, LBank, CoinStore, XT.com, and BitMart, BlockDAG aims for a strong launch with security and urgency for buyers.
- By maintaining a fair entry point and offering engagement tools for users, BlockDAG focuses on long-term growth and loyalty, creating a strategic entry opportunity in the crypto market.
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Bravenewcoin
4d
166
Image Credit: Bravenewcoin
Hedera Price Prediction: Could a Break Above $0.30 Lead to New Yearly Highs?
- HBAR price maintains position above key technical levels, including the 200-day EMA, indicating a broader uptrend.
- Current market momentum shows HBAR has gained over 25% in the past month, with strong support at $0.185 and resistance at $0.20, $0.28, and $0.33.
- Analysts monitoring $0.285096 resistance level for potential breakout, with attention on $0.30 threshold and yearly high near $0.40.
- On-chain data reports positive long-term growth prospects for HBAR, with increased TVL, DEX volume, and stablecoin market cap on the Hedera network.
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TronWeekly
4d
178
Image Credit: TronWeekly
Kraken Expands Regulated Crypto Derivatives Across Europe
- Kraken has expanded its derivatives trading services across Europe by offering regulated futures contracts to retail and institutional customers in the EEA.
- The move comes after Kraken acquired a Cypriot investment firm, enabling the exchange to secure a MiFID II license and provide futures contracts attracting a daily trading volume of $1 billion to $2 billion.
- The expansion strengthens Kraken's position in the fast-growing European digital asset trading market, catering to the increasing demand for regulated crypto derivatives among sophisticated investors.
- Kraken's focus on compliance, facilitated by its MiFID II license, allows it to meet regulatory standards in Europe, ensuring trust among users as it aims to cater to the demands of both individual traders and institutions in the EEA.
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Bravenewcoin
4d
20
Image Credit: Bravenewcoin
LATEST: Top Altcoins to Buy Now as Bitcoin’s Supply Crunch Sets the Stage for a Massive 2025 Altcoin Rally
- Bitcoin's supply crunch is driving attention towards early-stage altcoins with solid infrastructure and potential growth, such as Kaanch Network.
- Bitcoin's circulating supply is tightening rapidly, with institutions accumulating at a faster pace than miners can produce, leading to a surge in interest in altcoins.
- Kaanch Network ($KNCH) is a next-generation Layer 1 blockchain project offering high throughput, decentralization, low fees, and real-world asset tokenization.
- With features like cross-chain interoperability, DAO governance, and staking opportunities, Kaanch Network is positioned as a top altcoin to consider for potential growth in 2025.
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1 Like
Bitcoinist
4d
117
Image Credit: Bitcoinist
Coinbase Faces DOJ Heat Over Hack As It Enters S&P Spotlight
- Coinbase's stock dipped on its entry day into the S&P 500, following news of a US Justice Department probe into a hack that compromised customer data.
- The DOJ's criminal division is investigating how hackers managed to steal customer data by bribing support staff at Coinbase, leading to a breach affecting personal details.
- Coinbase offered a $20 million reward and promised full reimbursements to affected users, as lawsuits mount over the compromised data and top executives like Roelof Botha face consequences.
- While becoming the first crypto firm on the S&P 500, Coinbase's stock debut was marred by regulatory challenges, including ongoing SEC investigations and now the DOJ's involvement in the hack.
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Bravenewcoin
4d
28
Image Credit: Bravenewcoin
Solana Price Prediction: Institutional Momentum Meets Resistance Wall as Bulls and Bears Face Off
- Solana (SOL) price faces resistance around $190 as bulls and bears continue to battle.
- Big players like Galaxy Digital entering the scene with tokenized equities on Solana adds weight to its long-term story.
- Solana encountering resistance at $190 after a rally towards $185, indicating a potential retest of its all-time high in the future.
- Falling wedge pattern on the 4-hour chart suggests a possible short-term bounce for Solana, pending confirmation by volume and momentum.
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Financemagnates
4d
308
Image Credit: Financemagnates
Binance Asks U.S. Court to Dismiss $1.76 Billion Clawback Lawsuit Filed by FTX Estate
- Binance has requested a Delaware court to dismiss a $1.76 billion clawback lawsuit filed by the FTX estate, stating that the bankrupt crypto exchange is targeting the wrong party.
- Binance argues that FTX's collapse resulted from internal fraud, not actions taken by Binance or its former CEO Changpeng Zhao, and that the lawsuit does not meet basic legal standards.
- FTX estate claims that FTX was insolvent at the time and funded the deal with misappropriated customer funds, which Binance disputes, citing FTX's continued operations for over a year post the deal.
- Binance contends that the court lacks jurisdiction over its foreign entities and denies any involvement in FTX's collapse, stating that the lawsuit fails to provide proof that Binance had knowledge of the funds' source.
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Bravenewcoin
4d
20
Image Credit: Bravenewcoin
High-Risk, High-Reward: Newest Meme Coins Gaining Traction Now
- Dogecoin and Shiba Inu experienced significant surges, highlighting the potential of meme coins for high rewards despite high risks.
- Pepe Coin made headlines with its market capitalization surpassing $11 billion, showcasing the volatile nature of meme coin investments.
- The article delves into the rising meme coins AI16Z and Pudgy Penguins, exploring their origins and market performance.
- AI16Z, a Solana-based token with AI ambitions, surged to a high market cap but saw a price retracement in 2025.
- Pudgy Penguins, known for its NFT avatars, expanded to launch the PENGU token on Solana, garnering significant market attention.
- Codename:Pepe, a new player in the meme coin arena, offers an AI-powered toolkit for meme trading and aims to simplify the process of identifying viral coins.
- $AGNT, the utility token of Codename:Pepe, provides access to AI signals, exclusive DAO membership, staking with profit distribution, and an AI-Launchpad.
- Codename:Pepe stands out for its tech-enabled speculative asset management approach, shifting from pure speculation to structured analysis in the meme coin space.
- While AI16Z and PENGU show growth potential, Codename:Pepe emerges as a promising meme coin with its AI-driven trading insights and presale activities.
- The innovative approach of Codename:Pepe towards leveraging artificial intelligence for meme coin trading sets it apart in the crypto market.
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Cryptopotato
4d
223
Image Credit: Cryptopotato
SUN Retains Second Spot in Tron’s TVL Rankings, Close Behind JustLend
- SUN has maintained its position as the second-largest protocol by total value locked (TVL) on Tron, trailing behind JustLend.
- SUN currently has approximately $985 million locked in, contributing significantly to Tron’s liquidity.
- Factors like liquidity pools, incentive mechanisms, and newer iterations like SunSwap 2 and SunSwap 3 have driven SUN's TVL growth by $38 million in the past 14 days.
- SUN's growing role as a liquidity base for key Tron trading pairs is reinforcing its importance in the ecosystem and may lead to a more balanced DeFi on Tron in the future.
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