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Cryptography News
Coindoo
4w
221
Image Credit: Coindoo
OKB Price Prediction 2025: Will OKB Hit $75 as Qubetics Presale Raises $18M?
- OKB is a token issued by OKX, designed for various ecosystem functions within the platform such as trading fee discounts and governance voting.
- Price predictions for OKB in 2025 range between $61.88 and $75.61 by Changelly, based on factors like token burns and platform adoption.
- OKX's expansion into DeFi and buyback-and-burn operations contribute to OKB's deflationary model and potential price growth.
- Technical analysis indicates support levels at $45 and potential resistance at $65-$70, with market factors influencing price movements.
- Institutional demand, deflationary tokenomics, and deep liquidity support OKB's position among leading exchange tokens, according to experts.
- Qubetics, a rising competitor, focuses on Web3 infrastructure and developer tools for cross-chain innovation in blockchain applications.
- Qubetics' presale success with $18M raised, reduced token supply, and return projections showcases excitement in the market.
- OKB and Qubetics offer different investment opportunities, with OKB's proven utility and Qubetics' potential for decentralized application infrastructure.
- While OKB's technical climb to $75 depends on sustained deflation and platform growth, Qubetics introduces a ground-floor entry to a cross-chain ecosystem.
- Investors should assess OKB's market conditions and Qubetics' presale dynamics carefully to determine investment strategies.
- Both OKB and Qubetics provide asymmetric return profiles rooted in utility and infrastructure, representing distinct phases in the crypto adoption cycle.
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Bitcoinmagazine
4w
248
Bitcoin Tech Booms: Lightning Data Defies Digital Gold Narrative
- Bitcoin technology companies are showing significant adoption metrics, with Ego Death Capital's portfolio boasting $1.5 billion in Lightning-powered trading volume.
- Critics debate whether Bitcoin is fulfilling its role as a medium of exchange, citing factors like empty blocks and low transaction fees.
- However, data from various companies in the industry suggests a different narrative of success for the Lightning Network.
- Block, the parent company of Cash App, revealed a 9.7% yield from their Bitcoin Lightning node, highlighting growth in Bitcoin payments.
- Ego Death Capital's investments in Bitcoin infrastructure start-ups have been successful, with profitable companies like Breez, Relai, and LN Markets.
- Breez, a self-custodial Lightning-as-a-service provider, has driven adoption with over 40 apps using their SDK and $4.5 million in transaction volume in 2024.
- LN Markets, a Bitcoin-native derivatives trading platform, saw a significant increase in trading volume from $50 million to $1.5 billion monthly.
- Relai, a Swiss app, focuses on Bitcoin adoption in Europe, reaching 500 thousand app downloads and targeting $1 billion in trading volume in 2025.
- The Madeira Bitcoin project aims to establish a Bitcoin-native economy on the island, with over 250 companies accepting Lightning payments.
- Initiatives like Sovereign Engineering on Madeira attract developers and entrepreneurs, showcasing the island's potential for Bitcoin innovation.
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Bitcoinmagazine
4w
119
K33 Announces Plans To Purchase Up To 1,000 Bitcoin
- K33 AB plans to purchase up to 1,000 Bitcoin by launching a SEK 85 million direct share issue supported by existing shareholders and new investors.
- The share issue, priced at SEK 0.1036 per share, will exclusively fund the acquisition of BTC to strengthen K33's balance sheet, boost brokerage margins, introduce new products, and attract more investors.
- CEO Torbjørn Bull Jenssen emphasized the strategic importance of Bitcoin for K33, aiming to enhance the company's brokerage operation and capture the potential upside of Bitcoin's value.
- K33 recently bought 10 BTC for about SEK 10 million as part of its BTC treasury strategy, with plans to acquire more Bitcoin to build a reserve of at least 1,000 BTC over time.
- The company aims to capitalize on the growing institutional adoption of Bitcoin, highlighted by the significant inflows into US Bitcoin ETFs compared to gold ETFs, viewing Bitcoin as a high-conviction asset and strategic enabler.
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Coindoo
4w
124
Image Credit: Coindoo
Pepe Coin AI Price Prediction: Could PEPE Hit $0.41 by 2050?
- Pepe Coin, a popular meme coin, is projected to gradually increase in value, potentially reaching $0.41 by 2050.
- Short-term projections estimate modest gains for PEPE, with prices ranging from $0.0000286 to $0.0000413 by 2025.
- By 2030, the average price for Pepe Coin could rise to $0.0000968, with a maximum value of $0.000175.
- The percentage growth for PEPE may be substantial, offering opportunities for early investors.
- Projections suggest significant price increases by 2035, with Pepe Coin potentially reaching $0.000923.
- By 2040, PEPE's average price could climb to $0.0064, with a peak value of $0.0078, indicating a notable increase in value.
- Telegaon forecasts an eye-catching maximum price of $0.41 for Pepe Coin by 2050, with an average projection of $0.27.
- The long-term growth assumptions are contingent on factors like survival, user expansion, and integration into the broader crypto ecosystem.
- The predictions are based on AI modeling and should not be considered investment advice due to the high volatility of cryptocurrency markets.
- The gradual climb in Pepe Coin's value could offer substantial returns for investors over time.
- The potential price increments suggest a shift towards more significant figures by 2040 and beyond.
- Whether PEPE will hit $0.41 by 2050 depends on factors like adoption rates and market developments.
- Cryptocurrency investors are advised to conduct thorough research before making investment decisions.
- The projections indicate a positive outlook for Pepe Coin's future performance, but risks associated with crypto investments remain.
- Long-term price forecasts for cryptocurrencies involve uncertainty and are subject to market dynamics.
- Overall, the AI-based predictions highlight the growth potential of Pepe Coin, emphasizing the need for caution in cryptocurrency investments.
- The post is a summary from Coindoo discussing the AI price prediction for Pepe Coin's future performance.
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Cryptopotato
4w
363
Image Credit: Cryptopotato
Top Cardano (ADA) Price Predictions as of Late
- ADA has received bullish price predictions, with targets exceeding $1.
- Analysts mention reduced selling pressure indicated by negative exchange netflows, but recent whale sell-offs suggest a bearish outlook.
- Despite a recent 15% tumble in the past week, ADA is currently trading around $0.60, leading to optimism among enthusiasts and analysts.
- Marcus Corvinus suggested that ADA may surge to $0.85 and potentially reach $1.17 if it holds above $0.60.
- Rose Premium Signals indicated the price could drop to a significant support zone, possibly forming a bullish triple bottom structure.
- The analyst mentioned ADA's movements within a large falling wedge pattern.
- The Relative Strength Index (RSI) for ADA suggests oversold conditions and a potential upcoming rally.
- The negative exchange netflows for ADA hint at a reduced selling pressure, possibly setting the stage for a bullish trend.
- Contrarily, recent whale sell-offs of 270 million ADA by large investors suggest a bearish scenario.
- Large sell-offs often increase selling pressure and can be seen as a lack of confidence in the asset.
- Overall, analysts foresee both bullish and bearish scenarios for ADA's price movements in the near future.
- The article discusses various price targets and technical indicators for Cardano's native token, ADA.
- The latest actions of whales and investors are closely monitored for potential impact on ADA's price.
- ADA's price dynamics and market sentiment continue to be under scrutiny among investors and analysts.
- The future price trajectory of ADA remains uncertain, influenced by both positive and negative factors.
- Overall, ADA's price predictions consider a mix of technical analysis, market trends, and investor behavior.
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Coindoo
4w
124
Image Credit: Coindoo
Top Altcoins Defy Market Slump With Massive June Gains
- Several altcoins have shown strong double-digit gains in June despite overall market downturn.
- Newton (AB) leads with +113.73% gains, followed by SPX6900 (SPX) with +97.86%.
- Other notable gainers include WhiteRock (WHITE), WhiteBIT Token (WBT), and Hyperliquid (HYPE) with significant increases.
- Maple Finance, Kaia, and Klaytn also posted healthy gains, outperforming larger-cap assets.
- Altcoin market often mirrors Bitcoin's movements; sustainability of rallies depends on crowd sentiment.
- If retail investors fuel FOMO buying, it may lead to overheated sentiment and reversals; skepticism could extend rallies.
- Understanding crowd psychology is crucial during mixed signal periods; altcoins like Newton, SPX6900, and WhiteRock stand out.
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Zycrypto
4w
265
Image Credit: Zycrypto
Shiba Inu’s Bold Move On Shibarium Pushes Users Toward Decentralized Node Operation
- Shibarium is undergoing a network upgrade to enhance decentralization, privacy, and censorship resistance in the Shiba Inu ecosystem.
- Rate limits will be imposed on Shibarium's public RPC endpoints to strengthen the infrastructure and reduce reliance on centralized gateways.
- The changes aim to encourage users and developers to run their own nodes, promoting a more robust and censorship-resistant system.
- Shibizens, a prominent X account focusing on Shiba Inu updates, emphasized the move towards a decentralized ecosystem for improved resilience and privacy.
- The new rate limits are designed to prompt dApps, developers, and high-volume users to deploy their own nodes, ensuring continuous network access and enhanced privacy.
- Community-run nodes help distribute access evenly, minimizing centralization risks as Shibarium experiences rapid adoption.
- Casual users may not be notably affected by the changes, while heavy users relying on public RPCs for dApp functionality may need to consider private or third-party solutions.
- Third-party services like GetBlock and Nownodes offer dedicated Shibarium access, but the focus remains on community-run infrastructure.
- The Shibarium team plans to release further details soon, including specific rate limits and guides for node deployment.
- Despite the changes, Shibarium has achieved milestones like hitting the 11 million block mark due to increased adoption and token burns.
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Cryptopotato
4w
349
Image Credit: Cryptopotato
Ethereum Breaks Records: 35M ETH Staked, 22.8M Held Long-Term
- Ethereum has achieved a significant milestone with over 35 million ETH worth nearly $89 billion locked in staking contracts, a new all-time high.
- Additionally, a record 22.8 million ETH is held by long-term holders who show strong conviction in Ethereum's future despite recent market volatility.
- Whales have been accumulating Ethereum, with addresses holding between 1,000 and 10,000 ETH acquiring over 800,000 units daily for nearly a week.
- This accumulation by whales, totaling over 16 million ETH, is reminiscent of trends seen during the 2017 bull run, with a market value exceeding $40 billion.
- A more favorable U.S. regulatory environment, clarified by the SEC regarding certain staking activities not needing Securities Act registration, has fueled the staking surge.
- Despite regulatory clarity, Ethereum's price has faced pressure, currently trading at around $2,534, down almost 2% in the last 24 hours and 9.3% lower over the past week.
- ETH has, however, shown a 6.5% increase in the last 30 days, although it remains 26.5% down year-on-year.
- Technical analysts anticipate a golden cross on the daily chart, where the 50-day EMA crosses above the 200-day EMA, potentially signaling a bullish trend.
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Zycrypto
4w
4
Image Credit: Zycrypto
TAC Secures $11.5 Million to Bring DeFi to Telegram’s Billion-User Ecosystem
- TAC has secured $11.5 million through seed and strategic rounds to integrate blockchain technology into Telegram's ecosystem.
- The recent $5 million strategic round, led by Hack VC, aims to support TAC's mission of bringing Ethereum applications to Telegram's broad user base.
- The funds will aid TAC in implementing a staggered rollout in preparation for its mainnet launch, with top DeFi protocols like Curve, Morpho, and Euler already deploying in the current phase.
- TAC's goal is to provide EVM developers with tools to deploy applications on Telegram, aiming to shape how Ethereum dApps reach global users.
- More than $700 million in total value locked (TVL) has been secured for TAC's pre-mainnet liquidity bootstrapping campaign from leading industry players.
- This institutional-grade support indicates confidence in TAC's role as a DeFi layer for TON, powering primary DeFi applications such as Curve.
- Curve, Morpho, and Euler have already developed specialized Telegram Mini Apps (TMAs) to provide DeFi capabilities within Telegram.
- Consumer TMAs are starting to include DeFi functionalities, offering yield and financial tools to non-crypto users within the Telegram super app.
- The strategic round accelerates TAC's mission of making Ethereum applications accessible to everyday users and laying the foundation for TON-native consumer apps.
- TAC's early traction ensures deep liquidity and tested DeFi primitives for a seamless user experience on Telegram.
- Hack VC's Managing Partner, Ed Roman, expressed confidence in TAC's team and their ability to shape the future of Ethereum dApps reaching global users through Telegram and TON.
- Prominent industry players, funds, and liquidity providers have shown significant interest in supporting TAC's vision.
- TAC's initiative is set to open new opportunities for DeFi within Telegram's billion-user ecosystem, enabling wider adoption and accessibility.
- The convergence of DeFi functionalities within Telegram is seen as a key driver for wider acceptance and user engagement in the cryptocurrency space.
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Coindoo
4w
8
Image Credit: Coindoo
Top Chinese Bitcoin Miner Manufacturers Relocate Production to U.S.
- Top Chinese Bitcoin miner manufacturers are relocating their production to the U.S. in response to President Trump's tariffs on foreign tech.
- The relocation aims to avoid cross-border tariffs and reduce dependency on China, affecting over 90% of global Bitcoin mining machines.
- Bitmain, the largest manufacturer, started U.S.-based production in December, Canaan is testing U.S. manufacturing feasibility, and MicroBT is implementing a localization strategy.
- While offering benefits to Chinese firms, the move could draw scrutiny from U.S. regulators concerned about foreign influence in critical tech sectors.
- Regulators may raise national security concerns due to the role of Bitcoin mining rigs in network integrity and their impact on the global crypto ecosystem.
- The crypto industry is now intertwined with broader economic realignments, with U.S.-based mining hardware production becoming a focal point in the battle for technological dominance.
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Coinjournal
4w
232
Image Credit: Coinjournal
SUI price prediction amid fears of an extended correction
- SUI price faces intense pressure, raising concerns about a deeper correction.
- Recent trading sees SUI around $2.75, down from $3.51 high.
- Technical analysis signals a potential drop towards $2.24.
- Derivatives market data indicates a bearish sentiment with declining interest.
- Short positions dominate the market, showing a prevailing bearish bias.
- A head-and-shoulders pattern suggests a target of around $2.20.
- Network activity decline signifies lower interest in SUI.
- On-chain metrics point to a weakening demand driving the earlier rally.
- Analysts expect potential long-term growth but caution against short-term volatility.
- Traders advised to monitor key support levels and market sentiment closely.
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Zycrypto
4w
35
Image Credit: Zycrypto
Cardano Hits 2,000 dApps Milestone But Whales Dump $170M Worth of ADA in Days
- Cardano has reached a milestone with over 2,000 dApps built on the network.
- 10.8 million native tokens have been issued, setting a Layer-1 record.
- Developer activity has increased by 33% week-over-week.
- ADA price has dropped by 4.63%, currently trading at $0.63.
- On-chain activity on Cardano is high with 138,365 Plutus scripts deployed.
- There have been 110.43 million transactions processed on the network.
- Developer contributions increased with 278 GitHub commits in the past week.
- 1,352 registered DReps are overseeing the network, showing a 0.44% increase from the previous week.
- The ADA price softening is attributed to broader crypto market weakness.
- Cardano's Total Value Locked (TVL) in DeFi approaches $300 million.
- Major ADA holders initially added 120 million ADA but later sold over 270 million ADA.
- This sell-off, worth over $170 million, led to a drop in ADA's price to below $0.62.
- Some analysts suggest ADA could fall further to around $0.50 if certain patterns are not broken.
- Geopolitical tensions and internal market dynamics may impact ADA's future price movements.
- Cardano's latest weekly development update is available on Essential Cardano.
- The development update covers core technology, wallets and services, smart contracts, scaling, and governance developments.
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Coindoo
4w
438
Image Credit: Coindoo
Blockchain Fee Drop Signals On-Chain Activity Set to Surge, Says Jamie Coutts
- Jamie Coutts predicts a surge in on-chain activity, linked to a drop in blockchain fees.
- Comparison of global liquidity with SCP sector data suggests a surge in on-chain participation is imminent.
- Falling costs per transaction may reduce fees, but usage volume is expected to rise significantly.
- Past fee drops paired with increased liquidity have led to substantial on-chain expansions.
- Coutts mentions potential on-chain migration of big-box retail, Amazon, and government entities in the near future.
- SCP Aggregate Daily Fees have declined since early 2024, indicating a possible breakout phase.
- Historical patterns suggest fee compression precedes usage spikes, as seen in previous cycles.
- Institutional integration, particularly by Amazon and government agencies, into blockchain operations is foreseen.
- Lower costs and better infrastructure may encourage scalable blockchain solutions across various sectors.
- Despite fee challenges, blockchain efficiency enhancements and liquidity trends may support digital economic activity growth.
- Coutts anticipates on-chain networks handling increased transaction flow from enterprise and sovereign sectors.
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Bitcoinmagazine
4w
39
The Blockchain Group Buys $20 Million Worth Of Bitcoin
- The Blockchain Group acquires an additional 182 Bitcoin for approximately €17 million ($19.6 million) to enhance its position as Europe’s first Bitcoin treasury company.
- The purchases were completed through convertible bond issuances totaling over €18 million, with investors including UTXO Management, Moonlight Capital, and TOBAM.
- The acquisitions increase The Blockchain Group’s total Bitcoin holdings to 1,653 BTC, purchased at an average price of €90,081 ($104,000) per coin.
- The company reported a 'BTC Yield' of 1,173.2% year-to-date, surpassing other major corporate holders.
- Purchases were executed through Swissquote Bank Europe and Banque Delubac, with custody provided by Taurus.
- Funding for the acquisition came from the conversion of share warrants into 2.98 million ordinary shares, raising €1.6 million.
- The Blockchain Group hinted at acquiring an additional 70 BTC in future transactions, potentially increasing their total holdings to 1,723 BTC.
- Other companies, such as Metaplanet and Strategy, have also announced significant Bitcoin purchases recently.
- At the time of reporting, Bitcoin was trading at $104,021, with The Blockchain Group’s shares down 3.9% to €4.80.
- Growing institutional adoption of Bitcoin is a key factor influencing market dynamics.
- The Blockchain Group's success sets a model for European companies in implementing Bitcoin treasury strategies.
- The company’s Bitcoin holdings signify its strong presence in the digital asset space.
- Bitcoin continues to be a focal point for institutional investment and corporate treasury strategies.
- The news reflects an ongoing trend of corporate Bitcoin acquisitions and increasing acceptance of digital assets.
- The market is processing the implications of rising institutional interest and corporate Bitcoin acquisitions.
- The Blockchain Group's move aligns with the trend of companies adding Bitcoin to their balance sheets.
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Coindoo
4w
66
Image Credit: Coindoo
Top Stablecoin Projects Ranked by Market Size and Collateral
- Circle's stock price has surged 434% from its IPO price of $31, reflecting strong investor interest in the stablecoin issuer of USDC.
- USDC ranks as the second-largest stablecoin with a market cap of $61.58 billion, behind Tether's USDT which leads with $155.51 billion.
- Wu Blockchain's report highlights the top 10 stablecoins by market cap, issuer, and collateral structure.
- USDT is backed by USD cash and U.S. Treasuries while USDC is collateralized by cash and short-term Treasuries.
- Other stablecoins in the top 10 include USDS, USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD with varying collateral mechanisms.
- Circle's soaring valuation reflects the growing institutional demand and regulatory clarity in the stablecoin market.
- Regulatory frameworks are influencing the stablecoin sector towards transparency and collateral quality.
- The combined market cap of the top 10 stablecoins indicates a maturing industry with Circle and Tether leading the market.
- The article originally appeared on Coindoo.
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