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BlockDAG Hits 1.5M Users, While Shiba Inu Burns 538M Coins & Dogecoin Faces Pressure
- Shiba Inu's burn event eliminated over 538 million coins in one day, while Dogecoin's performance raises concerns about losing momentum.
- BlockDAG's X1 Miner app has reached 1.5 million active users, showcasing real-world engagement in its testnet.
- With increasing adoption and a successful presale, BlockDAG's focus shifts from price speculation to tangible user participation.
- BlockDAG's presale has raised over $290 million with more than 22 billion units sold in batch 28.
- Shiba Inu saw a spike in activity with over 538 million coins burned in a day, highlighting interest in its token trend.
- Dogecoin's bearish trend is evident with a pullback in price, potentially leading to further correction.
- BlockDAG's user growth and ongoing presale offer position it as a top crypto coin emphasizing real-world engagement.
- The burn event in Shiba Inu demonstrates an active community and interest in deflationary models.
- Dogecoin's weakening trend raises concerns as it shows lower highs and lacks a strong upward move structure.
- BlockDAG's approach focuses on user engagement and solid growth rather than relying on hype or price speculation.
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Coindoo
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Bitcoin Reclaims $106,000: What’s the Next Resistance Level?
- Bitcoin is currently trading at $106,364.50, showing a 3.27% gain over the past month.
- The next resistance levels to watch are around $107,500 and $110,000.
- On the downside, $102,500 has emerged as a critical support level for Bitcoin.
- A breakout above $107.5K could attract institutional inflows and trigger bullish confirmation.
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Here’s How BlackRock Could Send Bitcoin to $1 Million, According to Adam Back
- Adam Back believes that BlackRock's 2% Bitcoin allocation within diversified portfolios could drive the price of BTC to $1 million.
- Limited supply and increasing institutional demand are viewed as key factors in potentially pushing Bitcoin's price to seven figures.
- Bitcoin ETFs and growing interest from traditional finance institutions are contributing to the rise of institutional demand for BTC.
- Experts like Michael Saylor also foresee mass adoption by money managers as inevitable, supporting long-term bullish forecasts for Bitcoin.
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XRP Eyes All-Time High as Monthly Resistance Breaks, Says Analyst
- Analyst Dark Defender points to a bullish breakout in XRP's long-standing downtrend and highlights a forming “coffee cup” pattern.
- XRP is emerging from the Ichimoku Cloud, indicating strength in technical trend models.
- The analyst warns investors against hesitation, suggesting that the road to XRP's all-time high is open.
- Fibonacci extensions project potential upside targets near $3.1, $5.6, and higher, indicating closing accumulation windows for investors.
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Top 6 Fastest Growing Blockchains by Active Users
- The chain experienced a significant 72% growth in weekly active users, exceeding 1.2 million wallets, the highest among all tracked networks.
- Avalanche (AVAX) closely followed with a 60% increase, accumulating over 301,000 active users in the same period.
- Berachain and HyperliquidX saw growth rates of 47% and 44% respectively, each acquiring more than 100,000 new active addresses within a week
- The Sei Network registered the highest total number of new users at 2.3 million, despite its slower growth rate of 40%.
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Is Ethereum Season Starting? SOL/ETH Chart Breakdown Says Yes
- The SOL/ETH trading pair has experienced a major technical breakdown, signaling a potential end to Solana's outperformance over Ethereum.
- A triple top formation at long-term resistance, combined with bearish divergences on the RSI, led to a break below a key ascending support line.
- This breakdown may lead to a new phase of altcoin rotation, where Ethereum regains dominance over Solana and other Layer 1 competitors.
- Discussion intensifies about the start of an 'Ethereum season' as traders anticipate capital rotation back into Ethereum due to Solana's underperformance and Ethereum's strengthening fundamentals post-upgrade.
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Zycrypto
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Ripple CEO Goes “Unequivocal” on $10 Billion Circle Buyout Denial As Focus Shifts to RLUSD Dominance
- Ripple CEO, Brad Garlinghouse, has refuted claims about the company's supposed acquisition of stablecoin issuer Circle, stating that Ripple never pursued a buyout of Circle.
- Internal sources previously hinted at informal talks between Circle and Ripple, as well as Coinbase, regarding a potential acquisition deal.
- Ripple is focusing on strengthening its RLUSD stablecoin and integrating it within the XRP Ledger through the recent acquisition of Hidden Road, indicating a strategic move towards on-ledger collateral utilization.
- Ripple's interest in merging the cryptocurrency sector with traditional finance is evident through engagements like tokenized real estate in the UAE and interactions with regulatory bodies, reflecting the company's vision of a hybridized future for crypto and traditional financial institutions.
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Bitcoin Enters Critical Zone as Price Discovery Faces Sell Pressure
- Bitcoin is facing sell pressure as it struggles to surpass $111.8K, entering a fragile price discovery phase.
- On-chain data from Glassnode indicates long-term holders are selling into strength, potentially leading to a short-term correction.
- Spent Supply Distribution (SSD) Quantiles show key support zones at $103.7K and $95.6K, with potential for deeper risk-off environment if breached.
- Short-term sentiment is determined by the Short-Term Holder (STH) Cost Basis, which currently ranges between $97.1K and includes critical price envelopes for market direction.
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The Most Promising Crypto ICOs of 2025: Why BlockDAG Leads, With MIND of Pepe, Solaxy & Best Wallet Gaining Ground
- BlockDAG, MIND of Pepe, Solaxy, and Best Wallet Token are standout crypto ICOs in 2025 for their traction and strategic roadmaps.
- BlockDAG stands out with its fundraising, working tech, and record-breaking $289 million raised.
- BlockDAG combines DAG technology with Proof-of-Work for high throughput and low fees, supported by a robust DeFi architecture.
- MIND of Pepe integrates AI tools with meme culture, offering market insights and trading signals.
- Solaxy serves as a Layer 2 for Solana, enhancing scalability and smart contract capabilities.
- Solaxy offers high staking rewards, multichain flexibility, and a decentralized exchange on the roadmap.
- Best Wallet Token provides utility features like early token sales, reduced fees, and governance rights within the Best Wallet ecosystem.
- Best Wallet Token focuses on accessibility and efficiency for users across the DeFi spectrum.
- BlockDAG is leading the pack with its complete product, explosive growth, and enticing reward mechanisms.
- With a temporary price of $0.0018 and a projected listing target of $0.05, BlockDAG is hailed as the most promising crypto ICO of 2025.
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Zycrypto
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Missed Bitcoin at $100? Bitcoin Solaris Presale Offers Your Second Chance at Crypto Wealth During Altcoin Season
- Bitcoin Solaris is offering a second chance at crypto wealth during altcoin season with a presale of BTC-S tokens.
- BTC-S has a total supply capped at 21 million tokens, with only 20% designated for presale allocation, ensuring value tied to contribution.
- The project has undergone audits, has transparent presale phases, and emphasizes accountability, unlike many other early-stage crypto projects.
- Potential buyers are encouraged to consider BTC-S for its scarcity-based tokenomics, verified infrastructure, and market timing, as it emerges in the cryptocurrency space.
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Zycrypto
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What Sets BlockDAG, Ondo, Sui, and Hedera Apart This June!
- As blockchain innovation progresses, attention shifts to altcoins and projects with substance, strategic direction, and community growth.
- BlockDAG stands out with its upcoming June 13 Go Live reveal, anticipated to clarify exchange launches, milestones, and community traction.
- Ondo focuses on bridging traditional finance with tokenized assets, catering to stability demands in digital assets.
- Sui is gaining attention for its unique architecture scaling Web3 applications, while Hedera emphasizes enterprise-grade efficiency with trusted governance.
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Coindoo
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Best Performing Blockchains This Week, According to Nansen
- Avalanche leads the rankings with a 122% surge in fees and 133% increase in transactions, indicating increased usage and revenue generation.
- Gravity follows with a 49% increase in fees and a 39% rise in active addresses, while Ton sees 40% fee growth, sustaining momentum.
- Blast records a 30% rise in fee revenue despite a decrease in transactions, hinting at higher value per interaction.
- Algorand experiences a 22% growth in fees and tops the leaderboard for active address growth, with an 80% increase and over 1.2 million active users.
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Coindoo
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Bitcoin’s Rally Faces Resistance as Old Holders Cash Out
- Bitcoin's recent surge above $111,000 is encountering resistance from long-term holders who are now selling.
- Analysis of Cumulative Volume Delta Heatmap shows a shift in price zones from accumulation to distribution.
- Key selling pressure is observed from historical accumulation zones like $25,000–$31,000 and $60,000–$73,000.
- While Bitcoin's macro trend is bullish, profit-taking by long-term holders is affecting the rally, requiring fresh demand to overcome supply pressure.
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Coindoo
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Top Ethereum-Based Altcoins by Developer Activity
- Chainlink (LINK) leads the rankings of Ethereum-based altcoins in terms of development activity with a score of 492.77, driven by interest and updates to its oracle network.
- Starknet (STRK) follows with a score of 282, focusing on Layer-2 scalability on Ethereum, indicating ongoing innovation.
- Ethereum (ETH) retains significant developer interest with a score of 269.87, showcasing the sustained momentum of its core protocol.
- Notable projects like EigenLayer (EIGEN), Status (SNT), sUSD (SUSD), and Synthetix (SNX) demonstrate steady development momentum in the Ethereum ecosystem.
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Cryptoticker
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Top 5 RWA Tokens Set for Explosive Growth: Are You Holding the Right Ones?
- Real-World Asset (RWA) tokens like Ondo, Hedera, IOTA, Pendle, and Ravencoin are showing strong technical patterns hinting at a potential breakout.
- Ondo (ONDO) has a potential recovery to $1.15, Hedera (HBAR) could break its downtrend if it surpasses $0.185, while IOTA might move towards $0.25 if it reclaims $0.20.
- Pendle (PENDLE) remains bullish despite a pullback and aims for $5.50, and Ravencoin (RVN) has witnessed a breakout signal targeting $0.022.
- Each token has a unique role in the RWA space, with Pendle and Ravencoin showing potential for significant returns, backed by strong price structures.
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