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Cryptocurrencies233 _
14 Nov 2024
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Cryptocurrencies233 _
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🚨BREAKING 🚨 Trump says cryptocurrency 'strategic reserve' includes XRP, SOL and ADA U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA." $XRP $ADA $SOL #crypto #BreakingCryptoNews #Trump2024 #TRUMP #RippleXRP
14 mnt
Prediction Markets Expect Bitcoin to Drop below $60k as Bears Get Stronger Bitcoin is spiraling, and the numbers paint an ugly picture. In just five days, prediction markets have slashed forecasts, now betting that Bitcoin will drop below $60,000 in 2025. That’s an $18,000 shift since February 23, according to Kalshi. At the same time, optimism for a rally has collapsed—the odds of Bitcoin hitting $150,000 before 2026 have nosedived from 55% to 29%. The downturn comes after Bitcoin plunged 28% from its all-time high of $109,000 on January 20, the same day Donald Trump was sworn in as U.S. president. Analysts and traders are scrambling to explain the steep losses, pointing to a mix of macroeconomic fears, a massive exchange hack, Bitcoin ETF outflows, and fading optimism about Trump’s crypto policies. A big driver of the selloff is Trump’s trade policy. Investors are spooked by new tariffs the White House is planning. “This tanking can be viewed as a response to macro fears on Trump’s tariffs and geopolitical uncertainty,” said Caroline Bowler, CEO of BTC Markets. The downward spiral accelerated after a $1.5 billion hack hit Bybit, one of the largest crypto exchanges, on February 21. The attack, which cybersecurity experts have linked to North Korea’s Lazarus Group, was the largest crypto heist in history. Unlike past hacks, this one targeted a cold wallet, a type of storage that’s supposed to be ultra-secure because it’s not connected to the internet. Bitcoin and Ethereum both tumbled to multi-month lows, with traders fearing more hack. Another major force behind Bitcoin’s slide? ETF investors are running for the exits. In February alone, spot Bitcoin ETFs recorded a net outflow of $3.3 billion, the largest monthly withdrawal since their launch in January 2024, according to Bloomberg. Trump’s crypto promises fail to deliver, disappointing traders. But so far, his administration hasn’t followed through on many of its promises, and traders are getting restless. $BTC $ETH #MarketMeltdown #BTC #Market_Update
4 jam
📢Is Pi Network (PI) on the Verge of a Breakout or Breakdown? The global crypto market cap stands at $2.79 trillion, marking a 5.03% increase over the last 24 hours. While most cryptocurrencies are trading in the green, Pi Network is showing bearish momentum. Currently, PI is priced at $1.66, reflecting a 15% decline in the past day. The market capitalization remains at $13.84 billion, with no change, while the 24-hour trading volume has dropped by 27.83% to $1.28 billion. The market cap ratio stands at 8.99%, indicating moderate liquidity. Is Pi Network at a Crucial Level? The immediate resistance level is at $2.10. If the price breaks above this level, bullish momentum could push PI toward $2.15 or even $2.20. On the downside, $2.00 serves as a strong support. If bears take control and break this level, PI could test $1.65 or lower. For PI to turn bullish, it must break $2.10 with high volume. If this happens, the price could move toward $2.15 or even $2.20. However, if it falls below $2.00, it may drop further to $1.55 or lower. $XRP $BNB #PiCoreTeam #PiNetworkkyc #PiNetworkMainnet #PiNetwork
7 jam
Expert Eyes XRP Explosion, Says in Years to Come, It Won’t Matter What Price You Bought EGRAG, a prominent market commentator, made this assertion in his latest disclosure. Notably, the statement comes at a time when XRP is witnessing a period of persistent turbulence, as Bitcoin (BTC) observed massive price declines. XRP Within a Broadening Wedge In his analysis, EGRAG’s chart shows a large broadening wedge pattern formed by XRP on the 3-day chart since 2014. For the uninitiated, in a broadening wedge, sellers and buyers are increasingly stepping into the market, forming higher highs and higher lows. This leads to the creation of two diverging trendlines, creating a widening range. The pattern typically signals increased volatility and suggests that a breakout, either up or down, is likely. Notably, XRP’s structure appears to be an ascending wedge, which often leads to a break below, but EGRAG believes current market conditions can be bullish. Breakout Attempts Interestingly, XRP has only attempted a breakout, up and down, four times since the wedge took shape. The first attempt occurred in December 2014, when XRP soared to a high of $0.0280. However, the resistance at the upper trendline triggered a massive correction. The pullback extended for over two years and led to the second breakout attempt, a bearish one. In this case, which occurred in February 2017, XRP collapsed to a low of $0.00525, with the bears looking to breach below the lower trendline of the wedge. However, XRP showed resilience, eventually recovering. Expectedly, the recovery triggered another attempt at breaking above the upper trendline in January 2018, when the asset hit a new all-time high of $3.8. However, again, the asset failed to breach the trendline. The fourth attempt, another bearish one, occurred recently during the collapse to $0.3825 in July 2024. Interestingly, beyond these, EGRAG eyes an ultimate target of $27, which aligns with the Fibonacci 1.618 extension. The analyst has consistently projected this target for XRP across multiple reports. $XRP
22 jam
📢 🔝 Memecoin to Buy Right Now for Maximum ROI in 2025 🚀💰 The best time to invest in crypto is during bear markets, the second best time is just before the euphoric phase of the bull run kicks in. Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) could be gearing up for the next major surge. 1. Dogecoin Could See More Declines Before A Reversal Dogecoin (DOGE) is trading around $0.21 after a 16% decline last week, with technical indicators pointing to further downside. The Dogecoin price has also slipped over 30% since mid-January, struggling to hold key support levels, with the weekly RSI sitting at 48, reflecting increasing downward momentum, while the MACD has formed a bearish crossover. Dogecoin whales are scooping up the dip, having accumulated approximately 750 million DOGE over the last few days. 2. Shiba Inu Whales Reignite Bullish Sentiment Recently, an unknown wallet has withdrawn nearly 151.61 billion Shiba Inu (SHIB) from Coinbase, amounting to approximately $2.41 million. In addition to this, in the past 48 hours, other Shiba Inu whales have bought 3.5 trillion SHIB, signaling growing bullish sentiment. To maintain momentum, Shiba Inu must break through resistance levels, above $0.000018 and $0.000020, with continued whale buying providing a possible catalyst for future growth. 3. Pepe Flashes Promising Signals Pepe (PEPE) has experienced a significant drop, falling 65% from its ATH, but several factors suggest a potential triple-digit rally in the coming months. A key reason is the exhaustion of sell-side liquidity and the mounting buying pressure, which could trigger a short squeeze, rapidly pushing the Pepe price higher. Additionally, Pepe has reached strong support levels around $0.000008, where buyers are stepping in to capitalize on the low price point. $SHIB $DOGE $PEPE #MEME #MemeCoinMarket #MemeCoinMillions #MemeWatch2024 #memecoin🚀🚀🚀
1 Mar
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