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#BREAKING | Die Silicon Valley Bank hat Insolvenz angemeldet. #SVB #SVBBank #Binance #BTC
#BREAKING
| Die Silicon Valley Bank hat Insolvenz angemeldet.
#SVB
#SVBBank
#Binance
#BTC
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Cardano (ADA) Might be Gearing up for a Rally: Here’s Why #ADA Price Rally Incoming? Many industry participants have recently speculated that Cardano’s native token—ADA—may soon be listed by the US-based cryptocurrency exchange Gemini. The rumors started circulating shortly after the company released a post on X where it praised the asset and touched upon its merits. The interaction triggered heated discussions and was a subject of increased interest. The X user Dave noted that Gemini’s posts usually gather an average of 10,000 views. As of now, the post about #Cardano (ADA) has received almost 330,000 views, with many users urging the firm to embrace the token. Official listing on a popular exchange such as Gemini results in increased visibility, accesibility, legitimacy, and liquidity for the involved asset. These factors could attract more investors, while the potential flow of capital can trigger a price rally. Launched in 2014, Gemini is among the leading cryptocurrency exchanges, with a daily trading volume often exceeding $50 million. It offers users the chance to buy and sell multiple digital assets, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and many more. Last summer, Gemini re-listed XRP on its platform after Ripple secured its first partial court victory against the US Securities and Exchange Commission. Earlier this year, it extended the support, introducing XRP perpetual contracts. ADA Price Predictions Cardano’s native token has been in the red in the past month, plunging by 13% and currently trading at approximately $0.44 (per CoinGecko’s data). According to the X user JAVON MARKS, though, it could soon rally to a new all-time high of $7.80 (representing a whopping 1,500% surge) should it mirror its performance from 2021. Ali Martinez was even more optimistic, envisioning a “parabolic” spike to as high as $10. A few months later, he outlined a more modest prediction of $1.70. #altcoins #binance
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ChatGPT 4.0 Predicts A Massive Jump In FLOKI and PEPE This Week! PEPE Price Performance With a rounding bottom reversal and a 22% rise in the last 24 hours, the #PEPE price is on a bullish run. The falling wedge breakout rally is gaining momentum and overcomes the psychological mark of $0.000010. As it trades at an all-time high of $0.0000108, the PEPE price shows third bullish candle streak. As per the trend-based Fibonacci levels, the uptrend in PEPE coin shows an upside potential to reach the 1.618 mark at $0.000019. ChatGPT Predicts A Bullish Explosion in PEPE! Providing the AI model with our price analysis and the daily chart, ChatGPT 4.0 predicts a bullish future for PEPE. With high anticipations of increased demand, the AI predicts the bull run in the near future. In support of our view, the AI predicts PEPE to reach $0.000019 mark this week, close to the psychological mark of $0.000020. FLOKI Price Performance With the falling wedge breakout rally, the #floki price forms a double-bottom pattern for additional momentum. The uptrend in the meme coin with additional market support aims for a massive jump this week. As it crosses above the 38.20% Fibonacci level, the meme coin trades at $0.00020 with an intraday gain of 9.26%. The price jump forms the second bullish engulfing candle and breaks the neckline at $0.0001930. With this breakout rally, the FLOKI price has the potential to reach the $0.00030 mark, as per the Fibonacci levels. ChatGPT Predicts 50% Upside For FLOKI! Using our FLOKI price analysis as input for the AI model, ChatGPT 4.0 maintains a bullish view of this meme coin. From a technical viewpoint, the AI predicts that this meme coin will reach $0.00020 this week as the uptrend continues. #Memecoins #binance
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Meme Coins: Why Are PEPE FLOKI Prices Rising? Pepe Coin (#PEPE ) Meanwhile, PEPE, another prominent meme coin, led the meme coin market rally with an 11.15% increase in its price over the past 24 hours.Dec. Currently standing at $0.00001066, the frog-themed meme token is experiencing significant buying pressure in the market. reports have revealed the staggering amount of money that whales and smart money have accumulated pepe in recent days. Moreover, at the time of the press, Spotonchain's forecasts showed that 0x37d, a smart trader, withdrew 407.74 billion Pepe from Binance. It is worth noting that this address has previously traded Pepe to accumulate SHIB and drew attention to the enormous profits with Pepe coin. Collectively, these data highlighted an increase in buying pressure for the frog-themed meme token. In addition, Coinglass data showed a 2.31% increase in Pepe's open interest to $ 118.78 million, followed by a 137.54% increase in derivatives volume to October 2.81 billion, reflecting an optimistic sentiment in the market. #Floki (FLOKI) Another dog-themed meme coin, which has gained 3.36% in the last 24 hours and reached $ 0.0002025, leads to significant buying pressure. In particular, according to spotonchain's forecasts, the market maker DWF Labs has pulled a staggering 2 billion FLOKI from Binance today. This strategic effort also coincides with the bullish proposal for the Floki community in the pipeline. The proposal to burn a token launched to permanently remove just over 15 Billion floki seems to have led to tremendous market optimism surrounding the token. These factors, combined with an OI increase of 15.73% and a derivative volume increase of 244.72%, are potentially in line with floki's rising price action. #Memecoins #binance
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DogeCoin Upcoming Bullish Move To $0.17 Is Crucial For Uptrend #Dogecoin (#DOGE ) , The Top 1 meme coin crypto is consolidating its potential despite having the biggest meme sector marketcap of 21 billion. Though the coin is 100% up in the yearly period in contrast to Shiba Inu(SHIB) the second in the list is 168% up, Floki is up by 446%, Bonk is up by 5317% and Pepe by 481%. The increased activity recently and a spike in the Open interest of investors shows Dogecoin has strong community and operational price activity and is not trend-based. The overall Dogecoin market is in an uptrend, it looks like the price will surge by testing minor with pullback support levels. In a 4-hour DOGE/USDT chart the price faced resistance at $0.157 and with no strong support pulled down to the current $0.15. In an approach towards robust support, the bears seem to fail with a significant spike in Volume. Buyers in the zone maintain a $0.15, above 200 SMA, and with continued buying pressure the price is poised to rise 50-day SMA ($0.17) too. A rally beyond this level will trigger more accumulation and enter a bullish zone with nearby resistance and $0.21 and $0.23. \ Conversely, a break and close below $0.147 will see Dogecoin retreat to the next support sitting at $0.135. Further jumps below this mark a trend in favor of bear with the lowest support zone at $0.09. Technical Indicators Are Mixed The oscialators are in Seel mode as the Bull bear power, MACD, and ROC signal a downtrend. Price indicates a movement to rise above 50 Days SMA but is above the long-term 200 SMA and EMA. Moving cross over for short terms and mod terms remains bearish but long terms is bullish. Trend traders have an opportunity to enter between $0.14 and $0.15 and exit after $0.17 breakout with a stop loss at $0.13. #Memecoins #binance
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Binance Will End XRP Support with USDT Conversion Starting May 28, 2024 #Binance has announced the discontinuation of support for #XRP , effective May 28, 2024, at 06:00 (UTC). The decision, revealed through a recent update, affects XRP and TUSD (TrueUSD) as margin assets in the Multi-Assets Mode. From May 14, 2024, the transfer-in limit for XRP and TUSD has been set to zero. Remaining balances of XRP and TUSD in USDS-M Futures wallets after the cutoff date will be automatically converted to USDT (Tether) within approximately 24 hours. Automatic Conversion to USDT The automatic conversion to USDT aims to mitigate potential disruptions for users. Binance advises caution, recommending users avoid adding new futures positions during the conversion period to prevent potential losses. Users may not see the conversion reflected in their Transaction History, adding a layer of complexity to the process. Binance has absolved itself of liability for any losses incurred due to new positions during this transition. XRP Price Reaction and Legal Context Despite Binance’s announcement, XRP saw a slight price decline, trading at $0.5071 with a 0.51% decrease, and a trading volume rise of 9.36% to $1,053,944,613. This development coincides with ongoing legal challenges faced by Ripple. Recently, Ripple’s CFO, Jonathan Bilich, supported sealing documents to protect sensitive financial information amidst the Ripple vs. SEC lawsuit. The famous lawyer James K. Filan pointed out the necessity of keeping Ripple’s financial figures, contract terms, and internal business strategies confidential to protect the proprietary information. Binance’s choice and the legal developments around XRP, the native cryptocurrency of Ripple, show the dynamic and changing nature of the cryptocurrency market. #altcoins #ripple
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