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🗣️Fed member Waller: • Ultimately, stablecoins are synthetic dollars. • Stablecoins can benefit the financial system. • I still don't see a rationale for a digital dollar.
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Litecoin (LTC) rally expected: Is the explosion imminent? Litecoin (LTC) is drawing attention with analysts and crypto investors expecting a major price increase. Popular crypto analyst Javon Marks shared a tweet stating that LTC is preparing for a major rally. Marks observed that Litecoin is performing strongly. This situation raises the possibility of an increase of over 369 percent, which could take the $LTC price to $354.36. Marks describes this uptrend as a steady bullish movement, noting that there could be a long-term rally for Litecoin. As of the writing of the news, LTC is trading at $76.44 and has gained 15.45 percent in the last 7 days. Trading volume supports the rise in question. The trading volume of the popular altcoin in the last 24 hours has increased by 60 percent, exceeding $823 million. Litecoin’s weekly close above $100 could trigger a new uptrend. In downtrends, the $65 band could be monitored as support. In addition to market performance, Litecoin’s development team announced significant technical improvements. According to a report published by CNF, the team released Litecoin Core version 0.21.4, which brings significant innovations to improve the security and efficiency of the blockchain. These technical improvements make $LTC a safer and more attractive option for both new and experienced investors.
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Sui (SUI) has devastated the market: It could make its mark on the bulls! The star candidate of the bull season, $SUI , has increased by 60 percent in 7 days, bringing its market value to $8.7 billion. The SUI price attracted attention by increasing by 32.4 percent in the last 24 hours and 60 percent in the last week. This increase brought SUI to the top 15 cryptocurrencies. On the other hand, the lending protocol Scallop (SCA) in the Sui ecosystem has also gained upward momentum, increasing by 87 percent in the last week and recording a 25.3 percent growth in its total locked value. The increase in the SUI price is also parallel to the increase in trading volume and indicates increasing investor interest. SUI trading volume increased by more than 250 percent in the last 24 hours, reflecting that there is intense activity in the market and the upward trend continues. Analysts attribute this price increase to onchain data and favorable market conditions. One of the technical indicators supporting bullish expectations is the MACD analysis on the daily chart. The MACD line exceeded the signal line and is at 0.0211, while the signal line is at -0.0027. The data in question indicates a positive momentum. The increasing height of the green bars seen in the histogram also supports the positive outlook, and the opening between the MACD and the signal line indicates increasing buying pressure and the continuation of the uptrend. In addition, the Bull Bear Power (BBP) analysis also shows that the market is in an upward trend and has a positive value of approximately 1.2590. This positive reading shows that the buyer power in the market has overcome the seller pressure and that the bulls are dominating the market. #CryptoDeNostradame #ParrotBambooCrypto
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Master trader speaks assertively: “DOGE hasn’t started yet” Bluntz, known as the “Master Trader” on the crypto exchange Bybit, stated that the Dogecoin (DOGE) rise has just begun. Addressing his 287,200 followers on X, analyst Bluntz claimed that the DOGE price has started to gain strength against BTC and that this momentum will result in a major rally. “I tried to warn you all,” Bluntz said, continuing his words as follows; “It’s crazy to think that this thing (DOGE rally) has just begun.” The analyst predicted that a major bottom has formed in the DOGE/BTC parity and that DOGE could rise by 260 percent. “Dogecoin ($DOGE ) will start the rally” Bluntz, the “legendary” trader of Bybit, shared a chart analysis for Dogecoin (DOGE) on X. The analyst noted the following sentences; DOGE needs to increase by nearly 600 percent in order for the analyst's $ 1 target to be realized. When Bluntz shared the analysis, the DOGE price was at $ 0.277. The popular memecoin is trading at $ 0.2913 as of the time the news was written. The analyst claimed that large wallets will first turn to DOGE when they want to buy a memecoin. Stating that large wallets have not made a purchase yet, Bluntz stated that risk appetite is about to increase. Elon Musk, who was Donald Trump's number one supporter in the US presidential elections, talked about DOGE throughout the election process. Musk, who answered questions about DOGE positively at the rallies he attended, made DOGE the second favorite of the Trump bull. After Trump became the 47th president of the USA, the Bitcoin price reached $ 82,000. All eyes turned to whether DOGE, another favorite cryptocurrency, can reach $ 1. #CryptoDeNostradame #ParrotBambooCrypto
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Will Avalanche (AVAX) start a rally? Avalanche (AVAX), one of the major altcoins, gained nearly 40 percent in the Bitcoin-driven bull market. While the US presidential elections carried the Bitcoin (BTC) price to new records, it was noteworthy that major altcoins stayed away from the potential rally. Many major altcoins, especially Ether (ETH), could not approach their all-time highs. In the crypto market, which has risen under the influence of Trump, all eyes turned to AVAX. AVAX has increased by nearly 40 percent in the last week. AMBCrypto signaled that the $AVAX price could rise further. Avalanche (AVAX) price analysis According to AMBCrypto's technical analysis, AVAX gained momentum by breaking through a strong resistance point at $ 30. According to the analysis, the resistance break in question could lead AVAX to its next price target. AVAX managed to break through the resistance of the 200 exponential moving average (EMA) on the daily timeframe. AVAX’s market sentiment turned to an uptrend with the breakout of the EMA. The analysis included the following statements; “If AVAX can close above $32, it can reach $42.5 in the coming days. This target means a growth of 35 percent.” The analysis predicted that current market conditions could easily carry AVAX to $42.5. According to Coinglass, 58.3 percent of AVAX investors have long (bullish) positions. On the other hand, the rate of traders who open transactions that the price will fall is at 41.7 percent. According to CoinGecko data, AVAX price increased by 0.4 percent in the last 24 hours. $AVAX records an average trading volume of $1.15 billion. #CryptoDeNostradame #ParrotBambooCrypto
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