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Cryptoticker
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Dogecoin Breaks $0.20: Is a 30% Rally Coming Next?
- Dogecoin (DOGE) price surpasses $0.20, indicating a potential breakout from a consolidation phase towards $0.26–$0.28 range in the near future.
- Hourly charts show DOGE price breaking through resistance at $0.20 with rising momentum, supported by an ascending triangle pattern and bullish Moving Average Ribbon alignment.
- Daily charts suggest a bullish outlook with DOGE forming a double bottom pattern, aiming for a target of around $0.25 if it closes a daily candle above $0.203 neckline.
- Based on bullish hourly and daily indicators, Dogecoin is expected to target $0.25–$0.26 over the next 7–10 days, representing a potential 28% gain from the current price of $0.203.
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Coinjournal
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Best crypto to buy now as Michael Saylor says Bitcoin is ‘going to $1M’
- Bitcoin bull Michael Saylor predicts Bitcoin will reach $1 million, potentially benefiting high-risk assets like Bitcoin Pepe with its ongoing presale raising $14 million.
- The total cryptocurrency market cap rose 1% in 24 hours to $3.45 trillion, showing a steady climb similar to past cycles.
- Institutional capital's growing influence leads to a sustainable market ascent, with Bitcoin trading above $109,000 facing resistance at $110,000.
- Saylor dismisses concerns of a crypto winter, citing Bitcoin's adoption and reduced daily supply potentially propelling it to $1 million.
- Bitcoin Pepe, at the nexus of meme culture and Bitcoin's infrastructure, is surging, attracting attention with partnerships and a presale that raised over $14 million.
- The BPEP token is priced at $0.0416, aiming to solidify its position in the market fueled by Bitcoin's rally.
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Coinjournal
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XLM rises with XRP and Solana as crypto ETF optimism builds
- Stellar (XLM) price increased by 3% in 24 hours amidst a general rise in altcoins.
- XLM's price surge is attributed to potential bullish catalysts and a positive sentiment around exchange-traded funds and decentralized finance.
- Stellar's price hit $0.28, and there are indications of a possible bullish breakout based on various metrics and technical outlook.
- Factors contributing to XLM's rise include positive movements in XRP, Solana, and Cardano, as well as regulatory optimism regarding crypto ETF approvals.
- Nasdaq recently added Stellar, Ripple, Solana, and Cardano to its benchmark crypto ETF price index, hinting at potential future growth.
- XLM's price forecast suggests a possible spike to $0.93 with resistance at $0.35 and $0.56, but challenges could arise if the price dips below $0.30.
- XLM had highs of $0.60 in December 2024, marking a significant increase from lows of $0.1 in November.
- Technical analysis indicates that XLM is trading above a key support level and may be gearing up for a breakout above a descending trendline.
- Indicators like RSI and MACD suggest upward momentum, potentially leading XLM to target highs from December 2024 and even touch its all-time highs around $0.93 from 2018.
- The next few months will be crucial as regulatory decisions on crypto ETF applications are expected to play a significant role in determining the future trajectory of altcoins like XLM.
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Coindoo
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Bitcoin Nears All-Time Highs with Unprecedented Lack of Profit-Taking
- Bitcoin has surged to around $110,000, approaching its all-time high, with minimal profit-taking activities observed amid this rally.
- This unusual behavior suggests a strong bullish sentiment among key market players, as indicated by CryptoQuant's data.
- The Net Realized Profit and Loss (NRPL) chart by CryptoQuant further supports this observation, showing muted profit-taking despite Bitcoin's high price.
- The subdued profit-taking signifies a strong conviction among holders, with whales expected to wait for higher prices before selling, potentially leading to further price appreciation.
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Coindoo
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Connecticut Bans Government Crypto Holdings, Sets New Rules for Minors
- Connecticut has passed legislation banning government agencies from buying, holding, or transacting in crypto assets.
- The law also prohibits state entities from accepting crypto payments or creating reserves of virtual currencies.
- The legislation introduces stricter disclosure standards for crypto businesses in the state and mandates legal guardian verification for minors before using crypto-related services.
- This move by Connecticut marks one of the strongest anti-crypto policies at the state level and comes amidst national debate over the role of digital assets in public finance and consumer protection.
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Coindoo
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Thiel-Backed Exchange Moves Toward Public Listing
- Thiel-backed exchange Bullish has submitted confidential IPO documents to the U.S. Securities and Exchange Commission, according to the Financial Times.
- Jefferies is expected to lead Bullish's IPO process as the lead underwriter, although the timeline for the IPO is currently undisclosed.
- The confidential filing allows Bullish to gauge investor interest while keeping its financial metrics private.
- Bullish, a regulated exchange with tier-1 licenses globally, aims to solidify its position in the public markets amidst institutional interest in crypto platforms.
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Coindoo
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XRP Ledger to Launch EVM Sidechain in Q2 2025
- Ripple’s Chief Technology Officer, David Schwartz, confirmed the launch window during the Apex 2025 summit in Singapore.
- XRP Ledger will launch an EVM sidechain in Q2 2025, aiming to merge XRP’s efficient transaction model with Ethereum’s versatile contract features.
- The sidechain, built on evmOS and powered by Ripple and Peersyst, will run in parallel to the XRP Ledger, expanding functionality without compromising speed or cost-efficiency.
- Currently live on testnet, the sidechain is undergoing final validations before its Q2 mainnet release, pending successful testnet trials and validator coordination.
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Zycrypto
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Could Ruvi AI (RUVI) Be a Young Ethereum? With $1.7M Raised and Over 1,500 Holders, Analysts Spot Similarities
- Ruvi AI, a project likened to Ethereum's early days, has raised $1.7 million and amassed over 1,500 holders during its presale phase.
- The project has drawn attention for its innovation and growth potential, prompting comparisons to Ethereum's groundbreaking start.
- Ruvi AI is priced at $0.015 per token in Phase 2, with a projected post-presale token price of $0.07 and potential $1 post-listing.
- Similar to Ethereum, Ruvi AI combines blockchain and artificial intelligence to offer scalable solutions across various industries.
- Partnerships with WEEX Exchange and undergoing a CyberScope audit enhance Ruvi AI's credibility and security measures.
- VIP tiers with bonuses make Ruvi AI appealing for traders seeking substantial returns on investments.
- Ruvi AI's focus on real-world applications, transparency, scalability, and partnerships positions it as a promising project akin to Ethereum.
- The project is still in its presale phase, providing opportunities for acquiring high-value tokens at lower prices.
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NullTX
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Ethereum Leads Market Breakout, Igniting Optimism for Altcoin Revival
- The crypto market broke out overnight, led by Ethereum, sparking optimism for an altcoin revival.
- Ethereum's surge has rejuvenated the broader altcoin space, hinting at a potential new altseason.
- Market sentiment is shifting positively due to Ethereum's technical breakout and developments in adoption and regulation.
- Key figures like @Pentosh1 and @iamDCinvestor express bullish views on $ETH's current momentum and potential.
- DeFi tokens are resurging alongside Ethereum, indicating a renewed interest in decentralized finance.
- Traders are recognizing bullish patterns in charts, with Ethereum possibly leading a significant rally for altcoins.
- Confirmation is awaited for the start of a larger altcoin cycle, with Ethereum's performance crucial for market confidence.
- The upcoming weeks will determine if Ethereum's breakout will ignite a broader altcoin rally or face resistance.
- Optimism is growing in the crypto market, with traders discussing potential momentum trades and positive price action.
- It's advised to conduct thorough research before making cryptocurrency investments.
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NullTX
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Bitcoin Climbs Above $110K Amid Rising Derivatives Activity and Leverage Signals
- Bitcoin surged over 3.5% to surpass $110,000, hitting a recent high of $110.3K amidst rising derivatives activity and leverage signals.
- Short liquidations spiked, with $5.74 million liquidated in a day, contributing to the upward price momentum.
- Long-side premiums have significantly increased, indicating growing bullishness among traders in the market.
- Open interest has risen alongside premiums, suggesting new capital inflow, but also hints at potential leverage buildup.
- Despite the increase in leverage, funding rates for Bitcoin perpetual futures contracts remain moderate, signaling speculative but not extreme levels.
- The current state of the market shows momentum and enthusiasm in the Bitcoin rally, balanced with caution regarding leverage and speculation.
- Traders and analysts will monitor volatility spikes, long liquidations, and changes in funding rates closely.
- Bitcoin's ability to maintain above $110,000 will provide insights into the sustainability of its upward trend.
- It is important to conduct thorough research before engaging in cryptocurrency trading or investments, as per the article.
- Follow @nulltxnews on Twitter for updates on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news.
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NullTX
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$KTA Faces Sharp Selloff Amid Allegations of Fake Testnet Activity
- A Layer 1 blockchain project called $KTA faced a steep sell-off following allegations of fake testnet activity.
- The plummet in token price led to doubts among investors, despite earlier positive attention and fundraising success for $KTA.
- Allegations of misleading testnet activity raised concerns about the project's credibility and the value of KTA tokens.
- Critics questioned the token's supply generation and distribution, highlighting red flags in governance practices.
- Community opinions on $KTA became divided as some remained optimistic about future milestones, while others grew wary.
- Market reaction to the controversy was drastic, with the token plunging by nearly 26% in a single day.
- Investing in early-stage Layer 1 projects like $KTA carries risks, especially when technical proof points are overshadowed by marketing hype.
- The $KTA team is under pressure to provide clear evidence of real network functionality to restore investor trust.
- Trust in blockchain projects hinges on proven technology and transparency, underscoring the significance of these key elements.
- It is essential for investors to conduct thorough research before engaging in cryptocurrency investments or services.
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Financemagnates
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eToro and Circle’s Success Opens Up Crypto Public Listing Gates: Bullish Files for IPO
- Cryptocurrency exchange Bullish, backed by Peter Thiel, has confidentially filed for an IPO in the US, following eToro and Circle's success.
- This would be Bullish's second attempt to go public, with the IPO size and valuation yet unknown.
- Prominent investors like Peter Thiel and hedge fund giants back Bullish, which launched services in December 2023 and acquired CoinDesk.
- Other crypto companies like Gemini, Ripple, Kraken, and Consensys are also considering going public after eToro and Circle's recent IPOs.
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Cryptopotato
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LEGENDARY HUMANITY, Announces Strategic Bitcoin Reserves and Enhancements to the VIVI Token Ecosystem
- LEGENDARY HUMANITY PTE. LTD. announces strategic Bitcoin reserves and enhancements to the VIVI Token Ecosystem.
- The initiative aims to stabilize the long-term value of the VIVI token ecosystem and enhance utility for token holders using Bitcoin.
- Integration of Web3 and digital fashion with AI-powered 3D scanning technology 'SCAI' for NFT authentication and fashion RWA is part of the project's strategic initiative.
- The project's main use cases and benefits of VIVI tokens include digital fashion utility, access to physical × digital fusion events, and tier-based benefits for token holders.
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Cryptopotato
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Kinesis Network Launches Revolutionary Compute Optimization Platform
- Kinesis Network launched the Kinesis Protocol testnet, revolutionizing how computing resources are accessed, exchanged, and monetized.
- The platform enables underutilized computing resources to be transformed into scalable, high-performance on-demand compute services using blockchain technology.
- Kinesis operates on JOULE tokens, with a non-inflationary design, fixed supply, and sustainable economic model based on transaction fees paid by users.
- Delegated Staking is offered by Kinesis, allowing suppliers to use third-party tokens to participate, fostering network growth and incentivizing ecosystem-scale partnerships.
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NullTX
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Unichain Sees Strong Revenue Growth and Volume Surge Amid Incentive Push
- Unichain, a new player in the modular blockchain sector, is experiencing significant revenue growth with its network generating around $50,000 per week from priority fees paid by users for quicker transactions.
- The network's blocktime is set at one second, delivering low-latency performance, but it plans to introduce 'Flashblocks' with sub-second block intervals for faster confirmation times in the future.
- The surge in decentralized exchange (DEX) volume on Unichain, reaching almost $2 billion weekly, has been driven by incentives targeting liquidity and traders, leading to a more mature trading environment focused on high-value asset pairs.
- Unichain is enhancing value accrual mechanics by introducing Unichain Validator Network (UVN) to share revenue with UNI token holders, aiming to cater to institutional players and high-speed, high-volume trading in the blockchain space.
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