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🪙 Crypto News (Apr 5, 2024): 1️⃣ Kaiko: KuCoin's market share has more than halved — from 6.5% to less than 3%, with the daily trading volume dropping from $2 billion to $520 million. The decline in KuCoin's competitive position is linked to accusations from US authorities. According to experts, prior to these events, the platform was among the fastest-growing players since the beginning of the year. 📉 2️⃣ Notcoin: The gaming Web3 project Notcoin has announced the listing of the #NOT token on April 20th. On the same day, the first cryptocurrency network will undergo a halving. 🎮 3️⃣ CeDeFiAi: Developers of the cryptocurrency asset management platform #CeDeFiAi have announced a giveaway of $10,000 in CDFI tokens. 💰 4️⃣ [Binance](https://www.binance.com/support/announcement/binance-nft-update-on-bitcoin-nfts-2c2fb8f1f5e9421e8f777407a58df111): On April 18th, the NFT marketplace of the #Binance cryptocurrency exchange will cease support for deposits, trading, and staking for Bitcoin NFTs. All listing applications will be automatically canceled from the specified date. Affected funds must be withdrawn by May 18th. ⚠️ 5️⃣ Ripple: This year, the American fintech startup #Ripple (XRP) will release its own stablecoin. 💳 🔎 Subscribe to our channel for more interesting information about cryptocurrencies and blockchain!

🪙 Crypto News (Apr 5, 2024):

1️⃣ Kaiko: KuCoin's market share has more than halved — from 6.5% to less than 3%, with the daily trading volume dropping from $2 billion to $520 million. The decline in KuCoin's competitive position is linked to accusations from US authorities. According to experts, prior to these events, the platform was among the fastest-growing players since the beginning of the year. 📉

2️⃣ Notcoin: The gaming Web3 project Notcoin has announced the listing of the #NOT token on April 20th. On the same day, the first cryptocurrency network will undergo a halving. 🎮

3️⃣ CeDeFiAi: Developers of the cryptocurrency asset management platform #CeDeFiAi have announced a giveaway of $10,000 in CDFI tokens. 💰

4️⃣ Binance: On April 18th, the NFT marketplace of the #Binance cryptocurrency exchange will cease support for deposits, trading, and staking for Bitcoin NFTs. All listing applications will be automatically canceled from the specified date. Affected funds must be withdrawn by May 18th. ⚠️

5️⃣ Ripple: This year, the American fintech startup #Ripple (XRP) will release its own stablecoin. 💳

🔎 Subscribe to our channel for more interesting information about cryptocurrencies and blockchain!

Izjava o omejitvi odgovornosti: Vključuje mnenja tretjih oseb. Ni finančni nasvet. Glejte Pogoje.
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📈 Prediction (MATIC and XRP): 🖖 MATIC/USDT - According to data from the Santiment analytical platform, over the last three days, the supply of #MATIC on exchanges has decreased by 20 million tokens. Historically, similar occurrences have been followed by short-term price spikes. If history repeats itself, the altcoin may exit the consolidation phase. Forecast: The price of MATIC has been consolidating between $0.74 and $0.64 for several weeks now. Since mid-April, the token has repeatedly attempted to break above the upper boundary, acting as resistance. If the next attempt is successful, a consolidation above $0.81 will mark the beginning of a recovery rally. However, if the breakthrough fails, #Polygon will continue to trade within the specified range. Losing support at $0.64 could send the altcoin down to $0.60 and below, rendering bullish forecasts invalid. 😀 XRP/USDT - According to data from the Coinglass analytical platform, an increasing number of traders are opening short positions on XRP, hoping for a continuation of the asset's price decline. This is evident from the funding rate, which has once again turned negative. Forecast: At the time of writing, #XRP is trading around $0.51, preparing to break out of the existing symmetrical triangle pattern since early April. A symmetrical triangle is a technical analysis formation characterized by converging trendlines, indicating a period of consolidation before a potential breakout. Considering the aforementioned conditions, there is a likelihood that Ripple will break below the pattern's lower boundary and drop to $0.47. Losing this support could lead to a collapse to the $0.42 mark. On the other hand, confirmation of $0.51 as a support level would allow the altcoin to refute the bearish thesis. In this case, XRP could rise to $0.65. 👍 Share your insights with others!
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