Category: Featured
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Cryptocurrency Market Update: Bitcoin Eyes $100K as Ethereum and XRP Test Key Levels
The cryptocurrency market is poised for potential breakouts as major assets hover near critical resistance levels. Bitcoin has stabilized around $95,000, while Ethereum and XRP consolidate near pivotal thresholds, setting the stage for possible bullish momentum. Bitcoin (BTC): Targeting $100,000 Amid Consolidation Bitcoin’s price has steadied near $95,000 this week, following an advance from $85,000…
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XRP Price Analysis: Whales Accumulate Near $2.00 Support, But Can Ripple Break Key Resistance?
XRP Price Consolidates Above Crucial $2.00 Support Ripple’s XRP token is currently navigating a critical phase, holding firm above the significant psychological support level of $2.00. Despite attempts to rally, recent XRP price action shows momentum stalling around the $2.22 resistance mark, highlighted by the 100-day Exponential Moving Average (EMA). This consolidation period, observed during…
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Crypto Alert: Over $906 Million in Token Unlocks This Week Led by TRUMP Token
Key Takeaways: This week is shaping up to be a potentially volatile one for the cryptocurrency market, with a substantial $906 million in tokens scheduled for release, according to data from Wu Blockchain. This influx of new tokens entering circulation can often trigger negative sentiment among investors, leading to price declines. Leading the charge is…
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Crypto Market Rattled as Reports Cite $1.3 Trillion Loss Amid Bitcoin Dip; Real Data Shows Market Above $2.5 Trillion
Recent reports, notably from sources like Forbes, describe a significant downturn in the cryptocurrency market, estimating a $1.3 trillion wipeout from the global digital asset value since January. This reported slump features Bitcoin falling below $77,000, a sharp decline of over 10% from a cited record high near $90,000 allegedly reached last week. Major altcoins…
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XRP Price Under Pressure: Bearish Signals Point to Potential 68% Crash
Ripple’s XRP is facing significant downward pressure, with a confluence of bearish technical indicators and weakening on-chain metrics suggesting a potential 68% price crash to $0.62. The cross-border payments token is currently trading near $2.04, a slight recovery after a 5.38% dip on Wednesday, as global markets grapple with the implications of US President Donald…
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Bitcoin Roars Back Above 87K! Can the Bull Run Continue Before “Liberation Day”?
Bitcoin has staged a stunning comeback, surging past the critical 87,000 mark and leaving bears in the dust! After flirting with lows of 77k, the king of crypto has roared back, smashing through the key 200-day Simple Moving Average (SMA) and hitting a glorious 3-week high of 88.7k yesterday. Today, the bulls are holding strong…
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Bitcoin Rockets Towards $90K? Trump’s Crypto Embrace Ignites Market Frenzy!
Bitcoin’s price is currently trading around $85,500 on Thursday, experiencing a slight downturn after a nearly 5% gain the previous day. The market’s movement follows a series of significant events, including US President Donald Trump’s renewed call for the Federal Reserve to lower interest rates and his scheduled address at the Blockworks Digital Asset Summit…
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SEC Drops Appeal Against Ripple, Marking End to Long Legal Battle and Sending XRP Soaring
In a landmark development for the cryptocurrency industry, Ripple CEO Brad Garlinghouse announced today that the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against the company. This brings an end to a protracted legal battle that began in December 2020. Following the news, XRP, the cryptocurrency closely associated with Ripple,…
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Bitcoin Braces for Potential Price Drop as ‘Supply Gap’ Looms Below $80K
Bitcoin (BTC) is facing a critical juncture as on-chain analysis suggests a significant lack of trading activity between the $70,000 and $80,000 price levels, potentially leading to a rapid price decline if the current pullback continues below $80,000. According to data from Glassnode, a prominent blockchain analytics firm, this so-called “supply gap” emerged in early…
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SEC May Declare XRP as a Commodity Amid Ripple Settlement Talks, Boosting Price and ETF Hopes
In a significant development that has sent ripples through the cryptocurrency market, the US Securities and Exchange Commission (SEC) is reportedly considering classifying XRP as a commodity during ongoing settlement negotiations with Ripple Labs. This potential shift in stance, highlighted in recent reports from FOX News, has ignited bullish sentiment around XRP, pushing its price…