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Showing posts with the label crypto

Crypto Market Crash Deepens: Will Bitcoin Fall Below $100,000?

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The crypto market crash seems to be deepening. CoinGecko data shows that Bitcoin’s (BTC) price has fallen to the $107,000 price level, and the global market cap has dipped 4.4% in the last 24 hours to $3.72 trillion. BTC is barely holding on to the $107k price point. The original cryptocurrency’s trajectory will determine where the larger market goes. CoinGecko highlights that BTC’s price has fallen 3.9% in the last 24 hours, 11.7% in the last week, 10.9% in the 14-day charts, and 7.9% over the previous month. Let’s discuss if Bitcoin’s (BTC) price faces a threat of falling below the $100,000 price level. Source: CoinGecko Will the Market Crash Pull Bitcoin Below $100,000? The latest market crash has been one of the most significant corrections in crypto history. The dip was likely triggered by trade disputes between the US and China. While there was a slight recovery, the rally did not last. According to CoinGlass data, the crypto market has seen more than...

No, California didn’t pass a law to seize your idle bitcoin

The X social media account for Marty Bent and Matt Odell’s popular podcast Tales From The Crypt (TFTC) earned 1.2 million views for a wildly inaccurate tweet about bitcoin (BTC). According to the podcasters, California “just passed” a bill to “seize BTC left idle on exchanges.” The misinformation claimed the state could somehow assert “unclaimed property” ownership “after three years of inactivity.” The post was entirely untrue. What actually occurred is far narrower and far less interesting. Assembly Bill 1052 passed the California State Assembly this week. It simply applies existing unclaimed property laws to digital assets on exchanges or other custodial platforms. Rather than a new law allowing the state to confiscate assets or arbitrarily deem them “abandoned,” AB 1052 merely harmonizes digital assets within the same legal framework as traditional assets like bank accounts or safe deposit boxes. JUST IN: Bitcoin held on exchanges for +3 year ...

FIFA Partners With Avalanche (AVAX) To Build Its Own Blockchain

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FIFA’s Avalanche partnership represents a groundbreaking collaboration as the world’s football governing body teams up with Avalanche blockchain to launch its own dedicated layer-1 blockchain. This FIFA x Avalanche partnership marks a significant shift from their previous Algorand collaboration, and it demonstrates increased web3 adoption in traditional sports while also leveraging Avalanche’s superior blockchain scalability for global crypto innovation at the time of writing. JUST IN: FIFA signs partnership with Avalanche $AVAX to build its own blockchain. pic.twitter.com/IdnG0WWCgK — Watcher.Guru (@WatcherGuru) May 22, 2025 Also Read: Pepe Coin Set To Explode By 105%, Here’s The Timeline How FIFA’s Partnership With Avalanche Drives Blockchain Scalability & WEB3 adoption Source: CoinDesk FIFA’s Avalanche Partnership Details and Strategic Vision Due to Avalanche’s 6,500+ transactions per second ability and short confirmation times, FIFA’s Avalanche p...

Solana Challenger Sui Jumps After 21Shares Files for SUI Exchange-Traded Fund

The Solana (SOL) competitor Sui briefly ticked up in price on Thursday after news broke that the crypto exchange-traded fund (ETF) provider 21Shares filed for a spot SUI ETF in the US. SUI was trading around $3.56 prior to the announcement and jumped to a high of $3.75 a few hours later, an increase of more than 5%. The 13th-ranked crypto asset by market cap has since retraced and is trading at $3.57 at time of writing. Duncan Moir, president of 21Shares, says the Sui ETF filing, which is subject to approval from the U.S. Securities and Exchange Commission (SEC), reflects consumer demand and the firm’s belief in the project. “Since our earliest research into Sui, we believed it could become one of the most exciting blockchains in the industry, and we’re seeing that thesis play out.” The crypto asset manager Canary Capital has also filed for a SUI ETF. The SEC is currently mulling more than 70 applications for various crypto exchange-traded prod...

Circle wants its USDC payments network to be the Ripple killer

Circle recently announced its Circle Payments Network, which leverages USDC for cross-border payments. If that pitch sounds a lot like Ripple’s XRP-based payments network, RippleNet, that’s because it’s meant to. The giant crypto incumbents are direct competitors for the world’s most valuable settlement rails: sending USD value between banks using cryptography. Circle has its $61 billion USDC, and Ripple has its much smaller, albeit equally compliant, RLUSD. Both companies also have partnerships with banks and payment providers, with Circle boasting over 500 alliances and Ripple claiming to work with thousands . Crypto exchanges report about $55 million worth of RLUSD volume over the last 24 hours. That is 99.4% less than Circle’s $9.8 billion for its much larger USDC. Tearing a page right out of Ripple’s XRP marketing playbook, Circle bemoaned cross-border payments taking “longer than one business day to settle and costing more than 6%.” Just like Rippl...

Ethereum Whales Offload 143,000 ETH In One Week – More Selling Ahead?

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Rarible Launches NFT Trading On MegaETH’s Testnet

Rarible, a renowned multi-chain non-fungible token marketplace, has non-fungible token trading on MegaETH’s Testnet. The Rarible and MegaETH teams are giving their users an exclusive chance to mint two non-fungible token collections to celebrate this launch. MegaETH is a blockchain network still under incubation and is slated to rekindle the fire in the global non-fungible token market once fully launched. Rarible Launches NFT Trading on MegaETH’s Testnet In an April 11 blog post, MegaETH, an X account Bringing you the latest updates and alpha on MegaETH and its ecosystem, confirmed that Rarible has just launched its NFT marketplace and launchpad on MegaETH’s testnet. In the world of cryptocurrency, a launchpad is a platform that facilitates the fundraising of blockchain projects by connecting them with early-stage investors. Rarible has just launched its NFT marketplace and launchpad on MegaETH's testnet. To celebrate this launch, you can now mint two NFTs: ...

Pepe: Can $1000 Worth of PEPE Become $1 Million by 2030?

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Pepe (PEPE) had quite an incredible run since its launch in April 2023. The asset’s price skyrocketed within just a few weeks of its debut. The asset entered the top 30 projects by market cap within a very short period. The project has turned numerous early investors into multi-millionaires. Also Read: Tesla (TSLA) vs Ford (F) Stock Battle — $487.93 Target Meets 25% Tariff Impact Can $1000 Worth of Pepe Become $1 Million by 2030? Source: Watcher Guru If you purchase $1000 worth of the frog-themed crypto today, you will receive about 142,857,142.857 (142.86 million) coins. For 142.86 million PEPE to be worth $1 million, the price of each coin has to reach $0.007. The memecoin’s price has to rally by about 999,000%. According to CoinCodex, PEPE could hit a maximum price of $0.0167 in 2030. This figure is much higher than the required $0.007. In this scenario, your $1000 investment will become about $2,385,000 ($2.38 million). Your funds will have grown by 238,400%. According t...

XRP flashes major sell signals, according to analyst

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On March 7, prominent crypto analyst Ali Martinez took to X to share a bearish outlook for XRP, pointing to multiple sell signals flashing on the two-week chart via the TD Sequential indicator.  With XRP trading at $2.53 at the time of his post at 10:08 AM UTC, down from $2.60 on March 6 at 16:37 UTC, when the chart was captured, this 2.7% dip has sparked interest. The TD Sequential indicator is flashing multiple sell signals on the $XRP two-week chart, suggesting a potential shift in momentum! pic.twitter.com/SiyV454FIY — Ali (@ali_charts) March 7, 2025 The TD Sequential, a technical tool developed by Tom DeMark, is designed to spot trend exhaustion and reversals. Operating on a two-week timeframe, it’s a slow-moving signal that often marks significant turning points after prolonged moves.  Picks for you Here are the cry...

Jerome Powell on crypto: ‘Many of these activities can be done inside of banks’

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Federal Reserve Chair Jerome Powell has made a major statement that could reshape the relationship between traditional banks and the cryptocurrency sector. Speaking before the House Financial Services Committee, Powell addressed concerns about the increasing interaction between cryptocurrency and the traditional banking system.  While acknowledging crypto’s volatility and speculative nature, he stated that the Fed does not intend to prevent banks from serving legal crypto customers as long as they understand and manage the associated risks. Picks for you U.S. tariffs are at the highest levels since the Great Depression; Here's why it matters 2 hours ago Bitcoin rainbow chart predicts BTC price for February 28 ...

Economist Alex Krüger Says Bitcoin Supercycle Is Intact, Expects Emergence of Altseason – But There’s a Catch

A closely followed economist thinks that the Bitcoin (BTC) and crypto bull market still has room to run to the upside. Alex Krüger tells his 205,000 followers on the social media platform X that crypto investors are disappointed because the current cycle appears to be different from the ones witnessed in the past in terms of time and upside magnitude. But the economist says that investors should zoom out because he thinks crypto is in the midst of a supercycle. “BTC is stuck in a range, which I think eventually resolves higher. The supercycle theory is intact. Even though it applies to Bitcoin and crypto as a whole (market cap ex BTC and stables is considerably higher), most old alts don’t benefit from it on a sustained basis. Should not expect an insane wave of liquidity driving all cr*p higher for an extended period of time. Be selective.” According to Krüger, a supercycle doesn’t mean that Bitcoin will keep going higher without witnes...

48K Meme Coins Launch On Pump.fun In 48 Hours – $3.4M Meme Index ICO Offers Diversified Access To Top Picks

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Meme Index ($MEMEX) has rocketed past $3.4 million in presale as investors rush to buy into its first-ever diversified meme coin funds. With tens of thousands of new tokens launching daily, finding a gem that provides the 100x returns many in crypto seek is difficult. But with the Meme Index, there’s no need to play the guessing game. Investors can instead invest in a basket of new meme coins. This diversified approach helps investors balance their risk. So, even if only three out of 10 tokens in an index deliver a 10x return, the overall investment would likely still be profitable. While the returns may not be as high as finding a gem, it would still protect investors from losing everything. Early investors can access these indexes by purchasing the project’s native token, $MEMEX, which is currently in presale at $0.0159713 for the next 48 hours. Why Sift Through Tens Of Thousands Of Meme Coins Launched Daily When You Can Buy Meme Ind...