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Cryptography News
Coindoo
11h
182
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XRP Price Drops 12% Despite Ripple’s Legal Victory Over SEC
- XRP price has dropped by 11.7% in less than four days.
- Market expected a price surge after the legal victory of Ripple over SEC, but instead saw a sell-off.
- Ripple CEO considers the case resolution a victory for the company.
- XRP's struggle to gain momentum continues, leaving doubts about its future performance.
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Zycrypto
11h
14
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This Layer-1 Rocket XYZVERSE (XYZ) Already Climbed 800%—Could It Be the Next PEPE With 30,000% Potential?
- The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant interest and its value has soared by 800%.
- During its presale phase, the $XYZ token has shown steady growth and the project has raised over $10 million, with the presale approaching the $15 million milestone.
- The project aims for a championship run with strategic listings, token burns, and a community-driven approach, rewarding active contributors with airdropped XYZ tokens.
- PEPE, a deflationary memecoin, experienced a surge in market cap and popularity, with early holders turning into millionaires, showing the potential of meme-based cryptocurrencies.
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Cryptopotato
11h
287
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Important Update for Pi Network (PI) Users With Immediate Affect: Details
- The team behind Pi Network has added two-factor authentication to the overall management and verification systems.
- The change was made due to challenges faced with the SMS verification process, which proved to be unreliable and costly.
- Users will now be required to rely solely on email-based two-factor authentication for verification.
- Despite the update, the native token (PI) continues to decline in value.
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Cryptoticker
11h
14
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Can Stellar Price Reach $2 in the Next 15 Days?
- Stellar (XLM) is currently hovering below key moving averages, leading to questions about its potential to surge to $2 in the next 15 days.
- The daily chart shows Stellar forming a gradual downtrend, with market indecision and low volatility.
- Key technical indicators suggest a range-bound asset with bearish sentiment, lacking a strong surge in volume to support a bullish breakout.
- While a $2 price target within 15 days seems unlikely, a short-term rally towards $0.50-$0.60 is possible if broader market sentiment improves.
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Coindoo
11h
258
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Pepe Coin’s Price Could Face Decline as Whale Dumps 150 Billion Tokens
- A crypto whale, an early investor in PEPE, has sold 150 billion tokens.
- The whale has offloaded 1.02 trillion PEPE tokens, making a $10.3 million profit.
- The market sentiment for PEPE remains negative, indicating potential further downside.
- Experts predict a 20% decline in the price of PEPE in the near future.
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Coindoo
12h
122
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EU Targets Insurers with New 100% Capital Rule for Crypto Assets
- The European Insurance and Occupational Pensions Authority (Eiopa) recommends insurers to hold capital equivalent to 100% of the value of any crypto assets they hold.
- The proposed regulation aims to discourage further investment in digital assets by making it more expensive for insurers to hold crypto assets.
- Presently, insurers allocate capital covering between 60% and 80% of their crypto holdings, but the new rule would require full capital coverage for all crypto assets.
- As of late 2023, European insurers held €655 million worth of crypto assets, comprising less than 0.01% of their total assets.
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Cryptoticker
12h
0
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Solana News: Solana Price Might Bring a Rebound After a Harsh March
- Solana's price dropped by 6.8% in March, with a sharp decline on the 28th.
- Open interest on SOL now exceeds $5 billion, signaling strong trader activity.
- Resistance levels at $160–$180 could determine the next price move.
- Some analysts predict a 102% increase, pushing SOL toward $263 by July.
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Coindoo
13h
307
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Galaxy Digital Settles $200 Million Lawsuit Over LUNA Token Allegations
- Galaxy Digital settles a $200 million lawsuit over allegations related to LUNA tokens.
- The company, led by Michael Novogratz, was accused of promoting and purchasing LUNA tokens at a discounted price.
- Galaxy Digital's activities helped increase the token's visibility and led to a surge in its price.
- The settlement highlights the growing scrutiny on crypto firms and the potential legal and financial consequences they face for promoting risky assets.
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Cryptopotato
13h
312
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5 Signs Bitcoin Is Primed to Pump Again This Year (Opinion)
- The chief investment officer for an institutional grade Bitcoin ETF issuer noted a shift towards larger allocations in portfolios, with more investors now allocating 3-5% to Bitcoin.
- ABC’s Kevin O’Leary increased his Bitcoin allocation from 3% to 5% in a year, following a successful investment strategy.
- Bitcoin shows bullish signs for price growth in 2025, with a falling flag continuation pattern indicating a potential uptrend.
- Trump's tariff pivot and a return of inflows to Bitcoin ETFs are seen as positive factors driving Bitcoin's price momentum this year.
- Social sentiment has shifted positively towards Bitcoin, with increased optimism on social media and active participation from Bitcoin whales.
- A White House official's suggestion of selling gold to buy Bitcoin signals a shift towards crypto assets for the US government, indicating long-term support for Bitcoin's growth.
- These factors collectively suggest a strong foundation for Bitcoin's potential pump in 2025, supported by technical patterns, market sentiment, and institutional interest.
- The overall outlook is positive for Bitcoin's price trajectory, with various indicators pointing towards continued growth and support from both retail and institutional investors.
- The support from institutions like BlackRock, Fidelity, and VanEck further reinforces the perception of Bitcoin as a valuable asset with ongoing potential for price appreciation.
- Amidst global economic uncertainties, Bitcoin remains a favored choice for many investors seeking to diversify their portfolios and benefit from the crypto market's potential gains.
- Overall, the current market conditions and governmental attitudes towards Bitcoin indicate a promising outlook for its price performance and adoption in the coming months.
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Coindoo
14h
123
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Marathon Digital Seeks $2 Billion to Increase Bitcoin Holdings
- Marathon Digital plans to raise $2 billion to further increase its Bitcoin holdings.
- The funds will primarily be used to purchase more Bitcoin, with 40% allocated for acquisitions.
- The equity sale will be facilitated by investment firms such as Barclays and BMO Capital Market.
- Marathon aims to secure a strong position within the digital asset space by expanding its Bitcoin holdings.
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Cryptopotato
14h
178
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The Truth About Ripple (XRP) ETFs: Should You Be Worried?
- Ripple (XRP) recently experienced a turning point in its legal battle with the US Securities and Exchange Commission (SEC). The SEC quit pursuing its appeal, which was seen as a victory for Ripple.
- The focus now shifts to the potential approval of spot XRP exchange-traded funds (ETFs) in the US. Multiple asset managers have filed applications for XRP ETFs, awaiting a decision by the end of this year.
- However, the approval of an XRP ETF may not guarantee a surge in its price due to the highly concentrated supply of XRP and the control exerted by Ripple as a centralized entity.
- While a short-term price increase is possible, the long-term impact of XRP ETFs on the cryptocurrency's price remains uncertain.
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Coindoo
15h
160
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Top 5 Stablecoin Rankings in Reach for RLUSD with Rapid Growth
- RLUSD, a stablecoin, has shown rapid growth and has the potential to become one of the top five stablecoins by 2025.
- Increasing availability on exchanges such as LMAX Group is contributing to RLUSD's growth and accessibility for traders.
- RLUSD is gaining traction in DeFi liquidity pools and has found real-world applications with NGOs like DIVA Donate and Mercy Corps Ventures.
- To secure a top five spot, RLUSD faces competition and needs to grow significantly, currently sitting at number 12 with a market cap of $194 million.
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Cryptopotato
15h
236
Image Credit: Cryptopotato
Pi Network News Today: March 30th
- Pi Network, a controversial cryptocurrency project, has been making headlines recently.
- Despite skepticism, Pi Network's token is currently ranked among the top 100 cryptocurrencies by market capitalization.
- Pi coin's price has experienced a significant 22.5% decline over the past two weeks.
- The team behind Pi Network is updating its migration and account verification systems to improve user experience.
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Coinjournal
16h
289
Why Bitcoin Pepe could be the next big investment as France’s Bpifrance backs crypto
- France’s Bpifrance has unveiled a €25M fund dedicated to cryptocurrencies.
- Bitcoin Pepe, a meme-powered crypto project, is gaining traction among early investors.
- The project aims to merge Bitcoin’s security with Solana-like scalability.
- Institutional support and strong presale performance position Bitcoin Pepe as a promising investment opportunity.
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Coindoo
16h
307
Image Credit: Coindoo
Bitcoin’s Sell-Off Intensifies, Putting March Recovery in Jeopardy
- Bitcoin under pressure as looming concerns about upcoming tariffs and strong core PCE data impact investor sentiment.
- Bitcoin risks concluding its worst quarter since 2018 and may drop below the $80,000 threshold by end of March.
- Bitcoin's recent steep dive leads to over $90.6 million in liquidations, putting it on course for its worst Q1 since 2018.
- Market participation cools down as open interest in Bitcoin drops by 4.5% and the long/short ratio signals a bearish shift.
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