Cryptocurrency analytics firm MakroVision has released an update on XRP, assessing its current market position and the potential for a breakout. According to the latest assessment, XRP is once again approaching key resistance levels and testing critical trend lines. According to the analytics firm, XRP is struggling against the descending trendline and the $2.48 resistance. A successful break above this level could be an early bullish signal. It is crucial to maintain the support range between $2.19 and $2.23 to continue the short-term bullish momentum. Here are the critical areas in the XRP price according to company analysts: $2.48 – $2.65: This is a key resistance zone. A confirmed break above $2.65 could attract more buyers and strengthen the bullish sentiment. $2.80-$3.06: A key resistance area where XRP could face selling pressure. However, if XRP manages to break out sustainably, it would suggest a strong bullish reversal. $2.03: A key support level, if XRP drops back to this price it could signal weakness and a bearish outlook. $1.54 – $1.40: This “Golden Pocket” could act as a target in case of strong selling pressure. Related News: Binance Founder CZ Teases a New Memecoin, Price Spikes - With Listing Signal At the time of writing, the XRP price is trading at $2.41 and has gained 2.73% in the last 24 hours. *This is not investment advice. Continue Reading: Where is the XRP Price Heading, Bear or Bull? Analytics Company Shares Critical Price Levels to Know
2025-03-16 01:46
According to the latest development, Donald Trump and his family's cryptocurrency project, World Liberty Financial (WLFI), has purchased another altcoin after recently starting to accumulate Avalanche (AVAX). According to Onchain data, Donald Trump’s cryptocurrency project bridged approximately $5 million worth of stablecoins to the Mantle network and started buying MNT. They have purchased $1.35 million worth of MNT so far. Related News: BREAKING: Donald Trump's Cryptocurrency Project Makes Weekend Strike - Starts Buying a New Altcoin World Liberty Financial recently raised $550 million in revenue from a private token sale that was not publicly available, and managed to sell all of its WLFI tokens. Following the development, there was a sudden surge in the MNT price, according to Binance data. Chart showing the upward wave in the MNT price after the purchase. *This is not investment advice. Continue Reading: BREAKING NEWS: Hot Moments – Donald Trump’s Cryptocurrency Project Starts to Accumulate One More Altcoin After AVAX
2025-03-16 01:07
Toncoin and Telegram founder Pavel Durov has been granted permission by a French court to leave France and go to Dubai, according to a report by Agence France-Presse (AFP). The sources say that a few days ago, the investigating judge approved a change in Durov’s judicial custody conditions, allowing him to leave the country “for a few weeks.” Durov has not made any public statements on the matter so far. The TON Foundation, a major player in the decentralized blockchain community associated with Telegram, has confirmed that French authorities have returned Durov’s passport, granting him the right to leave the country freely. The announcement marks a significant development in the ongoing situation surrounding Durov. Related News: BREAKING: Donald Trump's Cryptocurrency Project Makes Weekend Strike - Starts Buying a New Altcoin Telegram, which has nearly 1 billion users worldwide, is known as a platform dedicated to protecting freedom of communication and privacy rights. The TON Foundation reiterated its support for Durov, emphasizing his commitment to free expression and privacy online. “Our commitment to these core principles remains unwavering. We believe blockchain is freedom, an innovative tool that can transform the way we protect individual rights, and we are proud to be part of an ecosystem that enables individuals to communicate freely and securely,” he said. *This is not investment advice. Continue Reading: There is a New Development on the Fate of Telegram and Toncoin (TON) Founder Pavel Durov
2025-03-16 00:45
According to Onchain data, World Liberty Financial, the cryptocurrency project behind Donald Trump and his family, has begun purchasing AVAX. The data suggests that the project has purchased $500,000 worth of AVAX to date. Meanwhile, authorities have bridged around $2 million worth of USDC stablecoins to the Avalanche network, meaning more purchases could be on the way. These USDC tokens were held in World Liberty Financial’s multisig wallets on the Ethereum network. Related News: Binance-Listed Altcoin in Trouble: Developers Release Statement, Hack Suspected - Price Reacts Following this development, there was a significant increase in the AVAX price: Graph showing the rise in AVAX price following the development. The project in question recently completed its WLFI token sale and raised a total of $550 million in funds. *This is not investment advice. Continue Reading: BREAKING: Donald Trump’s Cryptocurrency Project Makes Weekend Strike – Starts Buying a New Altcoin
2025-03-15 22:56
According to the latest development, Kaito (KAITO), an altcoin listed on Binance, announced in a statement that the security of some accounts connected to Kaito AI may have been compromised and a certain amount of the token supply may have been affected by this. Following the announcement, there was a sudden drop in the price of KAITO: Chart showing the decline in KAITO price. As new details on the subject come in, you can learn about the developments by refreshing the page. *This is not investment advice. Continue Reading: Binance-Listed Altcoin in Trouble: Developers Release Statement, Hack Suspected – Price Reacts
2025-03-15 21:47
Billionaire investor Marc Lasry has expressed concerns that the economic uncertainty caused by President Donald Trump's policies, especially tariffs, is halting investment and could push the United States into recession. Speaking at the Credit Opportunities Symposium held at New York University on Friday, the Avenue Capital Group co-founder highlighted the risks of market unpredictability. “The problem for markets is when they don’t know what to do,” Lasry said. “An economy can’t survive like that. It slows everything down and can send the economy into recession.” Lasry acknowledged that the economy remains strong, but he noted that uncertainty about the direction of the economy could drive more investors to the credit markets as stock returns look increasingly unpredictable. Lasry’s comments came as the S&P 500 Index fell for a fourth straight week, taking its year-to-date losses to about 4.5%. Meanwhile, U.S. investment-grade bond spreads widened to their widest levels since September, signaling rising credit risk. Related News: Head of Research Company Talks About Bitcoin's Performance in the Coming Days: Bearish or Bullish? Major financial institutions such as Goldman Sachs and Barclays have warned that credit risk will increase. Lasry has a history of dealing with Trump, having invested in Trump Entertainment Resorts after its bankruptcy in 2009. “He loves chaos, and the more chaos the better,” Lasry said of his interactions with Trump during that time. *This is not investment advice. Continue Reading: Are Trump’s Policies Dragging the US into a Recession? Billionaire Investor, Trump’s Old Friend, Reveals
2025-03-15 20:22
Following a few humorous posts by Binance founder Changpeng Zhao and Binance's move, the price and total market value of an altcoin called Mubarak experienced an incredible increase. Mubarak, a memecoin on Binance Smart Chain (BSC), has seen an impressive 747% increase in the past 24 hours, pushing its total market cap to $42 million. The memecoin in question became popular after Binance founder Zhao shared a photo with a local United Arab Emirates outfit, and Zhao seems to be supporting the trend with his posts. One of the major reasons behind the token’s rise was its addition to Binance Alpha, a pool of altcoins to be evaluated for listing by Binance. Related News: Binance's Investment Head Talks About Memecoins' Recent Underperformance However, the token is likely to be very volatile and should be used with caution. The token is not currently listed on any centralized cryptocurrency exchange. Therefore, fake tokens are also being promoted for fraudulent purposes, especially on social media platforms. The Test (TST) token, which Zhao introduced a while ago and said was for testing purposes only, and is also listed on Binance, has fallen 88% from its all-time high price level and currently has a market value of $59 million. *This is not investment advice. Continue Reading: Binance Founder CZ Teases a New Memecoin, Price Spikes – With Listing Signal
2025-03-15 18:41
According to Ella Zhang, head of YZi Labs (formerly Binance Labs), the cryptocurrency market is witnessing a shift in investment trends, with funds flowing back from memecoins to fundamentally stronger altcoins. Zhang stated that the momentum of memecoins has decreased due to their lack of solid foundations. Zhang explained that community-driven discourse initially provided a more accessible entry point for investors, but the sustainability of these assets remains questionable. “From the end of the first quarter, people’s interest in venture-backed tokens began to wane, while the popularity of memecoins increased, leading to the so-called memecoin craze,” he said. Platforms like Pump.fun and similar initiatives have reshaped early-stage altcoin investing by making it more accessible, transparent, and community-focused. These platforms focus primarily on memecoins, experimental tokens, and community-driven projects, allowing nearly anyone to launch and trade new crypto assets. Related News: Head of Research Company Talks About Bitcoin's Performance in the Coming Days: Bearish or Bullish? But Zhang noted that this trend has started to reverse in recent months. Despite the easy accessibility of memecoins, their short-lived popularity has led investors to refocus on altcoins backed by venture capital. “According to CoinMarketCap data, this trend is now slowing down. The ratio of memecoin market cap to non-memecoin altcoin market cap is decreasing, indicating that funds are gradually flowing back into non-memecoin coins,” he said. He noted that fundamental value is important in sustaining any asset. “For any asset to have enduring or increasing value, it requires one or more core services, businesses, products, technologies or new innovations that will drive price increases. Without fundamentals, value cannot be maintained,” he said. *This is not investment advice. Continue Reading: Binance’s Investment Head Talks About Memecoins’ Recent Underperformance
2025-03-15 17:09
Bitcoin (BTC) could enter another prolonged consolidation phase following its recent all-time high, mirroring the market behavior in 2024, according to Markus Thielen, research director at 10x Research. Thielen noted that Bitcoin’s current technical chart is exhibiting a “bullish flag” formation, typically seen as a bullish continuation signal. However, he noted that the structure is showing signs of weakness, suggesting that the market remains in an uncertain state rather than a simple bullish consolidation. Thielen also noted that the U.S. spot Bitcoin exchange-traded fund (ETF) market has not shown a strong “buy on dips” sentiment. Observing the lack of new capital inflows, Thielen attributed this to the fact that most of the ETF funds originate from arbitrage-focused hedge funds. The persistently low funding rate has further discouraged investors from injecting new capital into the market during the recent price correction. Related News: Analyst Nicknamed Bitcoin Nostradamus Predicted Exact BTC Closing Price Tonight - Reveals Next Prediction As a result, Thielen expressed skepticism that Bitcoin can sustain its upward trend in the short term, adding that there are no signs of a recovery on the horizon. *This is not investment advice. Continue Reading: Head of Research Company Talks About Bitcoin’s Performance in the Coming Days: Bearish or Bullish?
2025-03-15 15:06