A naukri.com initiative
Cryptography News
NullTX
1w
97
Image Credit: NullTX
PENDLE PRICE ANALYSIS & PREDICTION (April 9) –PENDLE Looks Set For a Big Move as it Consolidates, Where Next?
- Pendle price may break through tough resistance if buying volume increases.
- Pendle's daily outlook remains bearish on the short-term scale after bouncing off $1.8.
- Pendle maintains support at $2.4 level and faces resistance at $3.32.
- Key resistance levels for Pendle are $3.32, $3.8, and $4.4.
Read Full Article
5 Likes
Coindoo
1w
262
Image Credit: Coindoo
SEC Approves Options Trading for Spot Ethereum ETFs
- The SEC has approved options trading for spot Ethereum ETFs, allowing investors to engage in options trading on ETFs that directly hold Ethereum (ETH).
- Investors can now utilize options strategies to hedge their positions or speculate on the future price movements of Ethereum without directly holding the cryptocurrency.
- The approval is expected to enhance market liquidity and attract a broader range of institutional and retail investors.
- This development could lead to increased adoption and integration of Ethereum within traditional financial markets.
Read Full Article
15 Likes
Cryptopotato
1w
262
Image Credit: Cryptopotato
Here’s How XRP, TRX Defy the Current Market Turmoil: Glassnode
- Over 80% of the circulating supply of TRON (TRX) and Ripple's XRP is still held in profit despite market turmoil.
- TRX and XRP have emerged as pockets of resilience in the crypto market amidst massive sell-offs and losses in other assets.
- 84.6% of TRON's circulating supply and 81.6% of XRP's supply are in profit despite small percentage point declines this year.
- In contrast, Ethereum (ETH) and Solana (SOL) have a majority of their respective supplies in loss, with only 44.9% and 31.6% in profit.
Read Full Article
15 Likes
Coindoo
1w
300
Image Credit: Coindoo
Trump Promises Big Gains After Tariff Turmoil
- With the U.S.’s sweeping reciprocal tariffs on 185 countries now officially in effect, Trump posted a message to reassure the public.
- The markets faced challenges with the S&P 500 struggling to recover and the Treasury yield experiencing a significant jump.
- China retaliated with a high tariff on U.S. imports and Trump suggested buying opportunities in the market's downturn.
- Some see a dip in the S&P 500 as a buying opportunity, while others emphasize the need for a shift in rhetoric for market recovery.
Read Full Article
18 Likes
Coindoo
1w
21
Image Credit: Coindoo
Zip’s Shares Surge 20% After Announcing $30 Million Buyback Plan
- Zip's shares surged 20% after announcing a $30 million buyback plan.
- The buyback plan aims to increase shareholder value and stabilize the stock amidst market volatility.
- Zip's shares reached a high of A$1.430, making it one of the biggest gainers on the S&P/ASX 200 index.
- The buyback program, set at A$50 million, is expected to alleviate market pressure.
Read Full Article
1 Like
Coinjournal
1w
287
Bitcoin soars past $82K as Trump announces 90-day tariff pause
- Bitcoin spiked to above $82,000, rising by more than 4.7% following President Donald Trump's 90-day tariff pause announcement.
- The rally in the cryptocurrency market reflects positive investor sentiment, with Bitcoin likely to extend gains above $80k.
- China's exclusion from the tariff pause announcement could prolong volatility in the market.
- Investors will closely watch China's next move to assess the potential impact on Bitcoin and crypto markets.
Read Full Article
17 Likes
Cryptopotato
1w
164
Image Credit: Cryptopotato
Bitcoin Bounces Back To $81k As Trump Eases Global Tariffs
- President Donald Trump announced substantial lowering of reciprocal tariffs across the world.
- Over 75 countries have called representatives of the United States to discuss trade negotiations.
- As a result, Bitcoin surged from $77,000 to $81,900.
- China's tariffs remain unchanged due to their 'lack of respect' for global markets.
Read Full Article
9 Likes
Cryptopotato
1w
38
Image Credit: Cryptopotato
Important Ripple (XRP) Metric Just Hit an All-Time High: Details Here
- The number of addresses holding at least one XRP token has reached an all-time high of 6.26 million, signaling increased adoption and growing interest in the cryptocurrency.
- Other Ripple indicators, such as active accounts and executed transactions, have also shown an upward trend.
- Standard Chartered bank predicts that the price of XRP could reach $5.50 this year and $12.50 by the end of 2028, driven by the potential approval of XRP exchange-traded funds under the Trump administration.
- Teucrium introduced the first XRP-based ETF in the US, with $5 million in volume on the first day, indicating positive investor interest.
Read Full Article
2 Likes
Coindoo
1w
321
Image Credit: Coindoo
Argentina Approves Investigation into Controversial LIBRA Memecoin
- Argentina approves investigation into the controversial LIBRA Memecoin.
- A committee is formed to investigate the potential involvement of top government officials in the creation and promotion of the memecoin.
- Critics demand transparency and express concerns over the exclusion of President Javier Milei and his sister from the investigation.
- The investigation could have far-reaching implications for Argentina's political landscape and public trust in the Milei administration.
Read Full Article
19 Likes
Coindoo
1w
18
Image Credit: Coindoo
Bitcoin Crosses $81K – Crypto Market Roars Back to Life
- Bitcoin crossed the $81K mark, signaling a resurgence in the crypto market.
- Global stock markets experienced losses due to new U.S. trade tariffs, but sentiment improved with reports of a possible 90-day delay.
- Market participants are adjusting their expectations around U.S. interest rates, with potential rate cuts predicted in the June FOMC meeting.
- Bitcoin is showing resilience and investor support, stabilizing in the $74,000 to $76,000 range with solid cost basis clusters.
Read Full Article
Like
Coindoo
1w
4
Image Credit: Coindoo
President Trump Approves 90-Day Tariff Pause for Trade Allies
- The announcement includes a temporary reduction in the Reciprocal Tariff rate to 10% during this period, aimed at easing tensions and encouraging economic collaboration.
- The decision is part of a broader strategy to foster goodwill and make progress in trade disputes with allies.
- While the temporary pause is welcomed by U.S. allies and global markets, some critics argue it may weaken leverage for tougher concessions.
- Further updates are expected as negotiations continue.
Read Full Article
1 Like
Coindoo
1w
232
Image Credit: Coindoo
Trump Escalates Economic War with 125% China Tariff
- The Trump administration has escalated the U.S.-China trade conflict by implementing a 125% tariff on Chinese goods.
- This move follows a series of tariff increases aimed at addressing trade imbalances and encouraging domestic manufacturing.
- The imposition of these tariffs has led to significant market volatility and strained relations with key allies and trading partners.
- There are concerns about potential inflationary pressures, the risk of a global recession, and job losses in industries reliant on global supply chains.
Read Full Article
13 Likes
Cryptopotato
1w
346
Image Credit: Cryptopotato
WLFI-Linked Wallet Offloads Ethereum as Losses Mount Amid Falling ETH Price
- World Liberty Financial (WLFI) has offloaded Ethereum as losses mount amid falling ETH price.
- A wallet linked to WLFI sold 5,471 ETH for approximately $8 million, resulting in a major loss.
- The decision to sell could suggest a shift in strategy to mitigate further damage from falling ETH prices.
- WLFI plans to launch USD1, a stablecoin backed by short-term US government treasuries and other cash equivalents.
Read Full Article
20 Likes
Coindoo
1w
236
Image Credit: Coindoo
New York Takes Steps to Integrate Blockchain in Elections to Enhance Integrity and Security
- The proposed bill in New York aims to study the integration of blockchain technology in elections to enhance integrity and security.
- The study will focus on utilizing blockchain to safeguard voter records, ensure accurate election results, and restore public trust in the electoral process.
- Consultations with experts in cybersecurity, voter protection, and blockchain development will be conducted to determine the feasibility and potential benefits of blockchain in election processes.
- If the bill passes, New York could become a pioneer in using blockchain for secure elections, setting an example for other states and countries.
Read Full Article
14 Likes
For uninterrupted reading, download the app