Author: WebDesk
XLM has a lot of shorts to be liquidated, and low volatility could catch bears by surprise A +25% rise to $0.55 could leave bears in pain as price action set bulls to benefit Stellar Lumens (XLM) faced significant liquidation pressure on short positions, suggesting a squeeze might be imminent. In fact, the heatmap revealed a buildup of shorts at higher prices, indicating that any sudden uptrend in XLM’s price could trigger these liquidations. Notably, XLM’s key liquidation thresholds approached around $0.45 and higher, marking potential areas where bears might capitulate, which could propel prices upwards. Source: Alphractal This tension…
Breaking news hits the crypto world as the iconic Shiba Inu logo suddenly vanishes from the Department of Government Efficiency website. This earth-shattering change sends Dogecoin into a 6% freefall. Right now, the cryptocurrency market explodes with unprecedented activity. Meanwhile, Vivek Ramaswamy drops a bombshell, abandoning ship to chase his Ohio governor dreams.Also Read: Shiba Inu: Here’s How SHIB May End January 2025Dogecoin News: Market Volatility, Logo Change, and Leadership ShiftSource: Watcher GuruPrice Impact and Market Responselets see if this squiggly works out for $DOGE. I never traded this one to be honest. I think it’s actually probably good to…
XRP is at a crucial juncture, with its price either poised for a massive breakout or possibly marking the end of an internal corrective rally. The scenario could play out in two ways: a bullish continuation to the upside or a corrective pullback. Both scenarios are part of an overall bullish outlook as XRP may be undergoing a wave two correction. At the time of writing, XRP is trading at $3.14 and is down by more than two percent in the last 24 hours.Bullish Outlook and Key Support Levels:In the most optimistic case, the price could be forming a wave…
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber and NSPK, which operates the Mir card payment system, will join forces to establish standards and achieve interoperability. Sber and NPSK Join Forces to Launch Facial Payment System in Russia […] Credit: Source link
The short video platform Vine, once mentioned by Elon Musk, has launched a memecoin called VINECOIN. Shortly after its debut, VINECOIN’s market value skyrocketed to $18 million. Vinecoin Launched on Pump.fun Remembering all the fun we had building vine — Let’s relive the magic and DO IT FOR THE #VINECOIN CA: 6AJcP7wuLwmRYLBNbi825wgguaPsWzPBEHcHndpRpump — Rus (@rus) January 23, 2025 On January 23, Rus Yusupov, one of the founders of Vine, posted on the X platform announcing the launch of VINECOIN on pump.fun. He also shared a video to confirm that his account had not been hacked. He also stated, “All $VINE…
XRP price struggled to continue higher above the $3.30 level. The price is now correcting gains and might find bids near the $3.00 level. XRP price started a downside correction from the $3.30 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3.1450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $3.00 support. XRP Price Dips Again XRP price managed to start a fresh increase from…
President Donald Trump’s memecoin, $TRUMP, has reached a market value of over $7 billion. While several prominent figures in the crypto industry have criticized President Trump’s memecoin launch, Cathie Wood, CEO of ARK Invest, has come forward to defend $TRUMP memecoin. Cathie Wood Defends $TRUMP .@ARKInvest CEO and CIO Cathie Wood says we don’t know if President Trump’s memecoin holds much utility, but Trump is “ushering in the next phase of the crypto revolution.” She speaks with @scarletfu, @kgreifeld and @EricBalchunas on “ETF IQ” https://t.co/YbD2ANk8TA pic.twitter.com/pxlEjL3ZUA — Bloomberg TV (@BloombergTV) January 22, 2025 In a recent interview, Wood stated that…
The DOJ has announced that CLS Global FZC LLC will plead guilty to market manipulation and wire fraud. If the plea deal is approved, CLS Global will pay a $428,059 penalty consisting of seized cryptocurrency and a fine. CLS Global Busted in FBI Sting Operation The U.S. Department of Justice (DOJ) announced on Jan. 21 […] Credit: Source link
Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for…
If you’ve been paying attention to blockchain news, you’ve probably seen the hype around NFTs and how they’re being used to fund crypto projects. NFTs started as digital collectibles but have evolved into a way to build communities and bootstrap big ideas. One example is SOON (Solana Optimistic Network) which just raised $22m through an NFT sale to support their Ethereum Layer 2 mainnet launch. In this post, we’ll go over the basics of NFT fundraising, get into SOON’s approach and why this tech could change how we fund blockchain projects. The Rise of NFT Fundraising Using NFTs for fundraising…
