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Showing posts from March, 2025

XRP loses $26 billion since SEC drops Ripple case

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The long standing legal battle between the Securities and Exchange Commission (SEC) and Ripple reached its apparent conclusion after Brad Garlinghouse announced on March 19 that the agency would ‘drop the case’, causing an immediate surge in XRP’s market capitalization. To be more precise, March 19 saw the token’s market cap skyrocket from $132.66 billion to $148.63 billion. The 12.03% surge was short-lived, however, as the ensuing market-wide downturn proved stronger. By press time on March 31, XRP’s market capitalization had receded to $122.53 billion, for a total loss of $26.1 billion since the announcement. Picks for you How Trump is killing XRP 12 mins ago DOGE is crashing as Elon Musk clarifies Dogecoin's role in US Government ...

Trader Says Newly Launched Altcoin About To ‘Open the Gates’ to 70% Rally, Updates Outlook on XRP and SUI

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Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that’s less than two months old while unveiling his forecast for XRP (XRP) and Sui (SUI). Martinez tells his 134,300 followers on the social media platform X that the native token of Berachain (BERA), the newly launched crypto project focused on decentralized finance (DeFi), could go up by up to 70% if the altcoin manages to break above a key resistance level. “Berachain is up 65% in the past two weeks and is now testing the upper boundary of this channel. A breakout here could open the gates to $14!” Source: Ali Martinez/X Berachain, whose mainnet was launched early last month, is trading at $8.23 at time of writing. Next up is XRP. According to Martinez, the payments-focused altcoin is currently forming a head-and-shoulders pattern on the daily time frame. A head-and-shoulders pattern is typically considered bearish as it suggests that an asset is unable to sustain its ...

XRP wipes $7 billion in just 24 hours amid market crash

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In a brutal 24-hour stretch, XRP’s market capitalization has now lost over $7 billion as the entire crypto space took a hit. On March 28, the price of XRP nosedived along with the broader market, with the token seeing one of the steepest drops in value across the board. Data retrieved by Finbold from cryptocurrency statistics platform CoinMarketCap found that XRP’s market cap plummeted by $7.19 billion, falling from around $137 billion to $129.81 billion, dipping under the critical $130 billion threshold and wiping out all weekly gains in one go. Picks for you Bitcoin Rainbow Chart predicts BTC price for April 30, 2025 18 hours ago Hyperliquid (HYPE)-JELLY drama could have sparked a CEX vs. DEX war in crypto 1...

Germany could lose tax-free crypto policy under new ruling coalition

Germany’s Social Democratic Party (SPD) wants to abolish the country’s one-year crypto-holding tax exemptions and replace them with a capital income tax of 30% on all crypto profits. That’s according to a published excerpt of coalition negotiations between the SPD, the Christian Democratic Union (CDU), and the Christian Social Union (CSU). On taxation of capital income, the SPD claimed, “We are increasing the withholding tax rate on private capital income to 30 percent. We are taxing income from cryptocurrencies as capital income.” Educational crypto platform Blocktrainer claims the proposed change is “ a planned flat-rate tax of 30% on all crypto profits, regardless of the holding period.” It also claims it “would de facto make bitcoin unusable as a means of payment in Germany.” CHART: How bitcoin and crypto are taxed across the G7 Read more: Ukraine to tax crypto like securities when it becomes legal next year Germany currently has a 12-month window wh...

Trump Media looks past Crypto.com red flags to launch new partnership

This morning, Donald Trump’s publicly-traded Truth Social operator announced that it has picked Crypto.com as a launch partner for ETFs containing bitcoin (BTC), Cronos (CRO), and other crypto assets “with a Made in America focus.” The partnership is curious for many reasons, not least of all Crypto.com’s very not-Made-in-America history in Asia and Europe. CEO Kris Marszalek spent most of his career in Singapore and Hong Kong , and Crypto.com’s current world headquarters is in Singapore . (Its North American division has a headquarters in Texas.) The giant crypto exchange once offered a debit card powered by Germany -based Wirecard and established a regional headquarters in France . However, Crypto.com’s non-USA operations are far less interesting than its dubious financial history.  Un-burning CRO to inflate the supply 156% Just this month, a Crypto.com subsidiary proposed the reversal of its 70 billion CRO token burn. That would not only renege on a pr...

World Network is still 988 million sign-ups short of its 1 billion-user goal 

World Network (formerly Worldcoin) is still 988.4 million users short of its goal of onboarding one billion people by 2023, after verifying fewer than 12 million users so far, using its dystopian eye-scanning Orbs.   The company’s lofty goal was announced way back in 2021, however, World Network still isn’t close to hitting it. In July 2024, Protos reported that the firm had secured 6 million verifications. Now, eight months later, it has almost doubled its verified user base to 11.64 million. World Network has also tripled the number of active orbs in circulation since last year to 1,510. At the rate detailed above — an average of 705,000 sign-ups per month — it would take the company around 117 years to hit its target .  Read more: Worldcoin rebrands to World after missing eyeball target by 99.4% Worldcoin rebranded to World Network, or “World” for short, in October 2024. Sam Altman is chairman of the company Tools for Humanity, which founded W...

Arthur Hayes Sees $110K Bitcoin As Metaplanet Buys 150 BTC And Michael Saylor Hints At New Strategy Purchase

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BitMEX co-founder Arthur Hayes says Bitcoin will hit $110K before its next major correction as Japan-based investment firm Metaplanet announces it bought another 150 BTC and Strategy’s Michael Saylor teased an impending Bitcoin purchase. The crypto market leader’s price rebounded over 3% in the last trading session to rise from a 24-hour low of $84,174.10 to trade at $87,125.46 as of 1:14 a.m. EST. Arthur Hayes Says Bitcoin Will Hit $110K Before Next Retest  In a March 24 post on social media platform X, Hayes predicted that the largest crypto by market cap will likely hit $110K before the next retest of support, which he says is around $76.5K. I bet $BTC hits $110k before it retests $76.5k. Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so. I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain. — Arthur Hayes (@CryptoHayes...

83% of Institutional Investors Plan To Jack Up Allocations to Crypto This Year, According to New Coinbase Survey

A new survey shows a significant percentage of institutional investors want to increase their exposure to crypto in 2025. The top US crypto exchange Coinbase and the strategy consulting firm EY-Parthenon polled decision-makers at 352 institutional investors to gain insights on their crypto investment plans, market sentiment and future expectations. According to the survey, 85% of the respondents increased their allocations to digital assets and related products last year, and nearly the same percentage plan to continue doing so in 2025. Says Coinbase, “An overwhelming majority (83%) of surveyed investors plan to increase their allocations to crypto in 2025, driven by their view that cryptocurrencies represent the best opportunity to generate attractive risk-adjusted returns over the next three years.” The results also show that 59% of the polled participants intend to allocate more than 5% of their assets under management (AUM) to digital assets this year. Coin...

Analyst Says Bitcoin Primed for ‘Party Time’ if BTC Breaks Above Critical Level, Updates Outlook on Chainlink

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Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days. The analyst tells his 782,000 followers on the social media platform X that Bitcoin needs to flip $84,500 into support this week in order to regain bullish momentum. However, he warns if Bitcoin fails to break through $84,500, the flagship crypto asset may collapse in price. “I really want to see some momentum on Bitcoin. If it doesn’t happen this week and we’ll break sub $82,000, likely we’ll see some new lows. Break $84,500 equals party time.” Source: Michaël van de Poppe/X Looking at his chart, the analyst says if Bitcoin fails to reclaim $84,500 as support this week, there are two likely outcomes. “Two scenarios, as Bitcoin faces crucial resistance here: Reject and find a higher low [around $82,000]. Reject and double-bottom retest [in the $70,000 range] before...

SHIB Investment: $1,000 Returns if Market Cap Hits $100B

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SHIB, or Shiba Inu, has kind of become one of those cryptocurrencies that everyone’s talking about these days. With its fun-based meme-inspired origins and the potential for explosive growth, it’s no surprise that investors are curious about what a $1,000 investment in SHIB could actually turn into if its market cap somehow reaches the value of $100 billion. Source: TradingView Also Read: Ripple: Here’s How High XRP May Go Irrespective Of The SEC Verdict Right now, at the time of writing, SHIB is trading at $0.00001282 in value, and its market cap is sitting at around $7.55 billion total. But, a good question would be, what happens if SHIB’s market cap suddenly shoots up to $100 billion? Let’s break it down a bit and dive in. Source: X Projected Returns on a $1,000 Investment Okay, so, if you were to invest $1,000 in SHIB at its current price, you’d end up with around 78 million SHIB tokens. Wow! Now, if SHIB’s market cap were to hit $100 billion, the...

Chainlink (LINK) Price Prediction for End-March 2025

Chainlink (LINK) is up 4% in the last 24 hours, as the asset continues a recent climb out of a dry spell in February. At press time, LINK is trading above $14 and is set to continue this rise throughout the remainder of March. Several analysts are bullish on the altcoin and are backed by the growing buying activity around LINK recently. How high could the Chainlink cryptocurrency surge by the end of this month riding this wave? Chainlink LINK Price Prediction: What’s its Potential Entering April? While LINK is riding a bit of a market climb in the last few days, there is still a possibility that LINK will drop come month’s end. Price prediction platform CoinCodex suggests that now is the best we’ll be seeing LINK perform for the remainder of March. By March 31, CoinCodex predicts that LINK will be back down to $13.35, around 5% less than its current price. On the other hand, there is still potential for LINK as altcoin season is upon us. From now until May, experts pro...

Trump Bitcoin Reserve Crash: 50% Crypto Market Decline

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Trump Bitcoin Reserve Crash is currently sending shockwaves through financial markets as experts are predicting some severe cryptocurrency market volatility. Many analysts and worried investors alike are closely watching this troubling situation that could potentially trigger an economic crash on a global scale in the coming months. Also Read: Russia’s Central Bank Regulates Crypto as Banks Back XRP—Who Wins? Analyzing Trump’s Bitcoin Reserve Crash and Its Potential Impact on Market Volatility and Economic Chaos Source: Watcher Guru European Central Bank Sounds the Alarm The Trump Bitcoin Reserve Crash concerns have definitely escalated after Bitcoin initially hit around $109K, but then suddenly faltered as the market perceptions began to shift. At the time of writing, European financial authorities have also expressed some significant concerns about the American approach to crypto policies. Francois Villeroy de Galhau, a senior member of the European Central Bank’s Governin...

Is Elon Musk now killing Dogecoin (DOGE)?

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Billionaire Elon Musk has long been associated with the meme coin Dogecoin (DOGE), having revealed in 2019 that it was his favorite cryptocurrency. Over the years, multiple Musk tweets and actions led to powerful DOGE rallies, with the biggest one – that led to the $0.7316 all-time high (ATH) – coming near the day he was the host of Saturday Night Live (SNL). Dogecoin might be my fav cryptocurrency. It’s pretty cool. — Elon Musk (@elonmusk) April 2, 2019 Dogecoin likewise reacted positively to Donald Trump’s re-election as the cycle was closely linked with Elon Musk, given his endorsement of the Republican, and his role in the new administration. Picks for you Long squeeze alert: 99% of March Bitcoin liquidations were long positions 28 mins ago ...

Franklin Templeton Files for $1.5 Trillion XRP ETF - Crypto Risk

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XRP ETF applications have now officially begun, as Franklin Templeton has just filed for a spot XRP ETF with CBOE. This is, without a doubt, a significant development in the cryptocurrency space, coming right after spot Bitcoin and Ethereum ETFs have been approved in the U.S. JUST IN: $1.5 trillion Franklin Templeton files for spot $XRP ETF with CBOE. — Watcher.Guru (@WatcherGuru) March 13, 2025 Read more: BRICS: Top Bank Predicts US Dollar Could Lose Global Status Franklin Templeton’s $1.5 Trillion XRP ETF Filing Amid Crypto Risks Source: Outlook Business Franklin Templeton, which currently manages approximately $1.5 trillion in assets, has just submitted a filing with the Securities and Exchange Commission (SEC) to list and trade shares of the Franklin XRP ETF under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares. The application was filed on March 13, 2025, and is right now under review by regulators. SEC Filing Details Source: Cdn.cboe According to the SEC Form 19b-4 filed ...

Nvidia (NVDA) Jumps 287% in 18 Months: Why 2025 Won't Stop the Stock

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There are few companies that had the kind of expectations that Nvidia did entering the year. Unfortunately, it has failed to do so yet. With geopolitical concerns and aggressive economic policy hindering the US stock market, concerns are mounting. However, Nvidia (NVDA) once jumped 287% in 18 months and has solidified the reality that 2025 won’t be the end of the stock’s dominance. The AI chipmaker has been well known for its ability to recover splendidly from a downturn. Moreover, its recent slide is no reflection of its performance, as its Q4 earnings have seen it once again outperform expectations. It seems with every passing day that an Nvidia turnaround is just a matter of time. Source: Investopedia Also Read: Nvidia (NVDA) Sell-Off Pushes Stock Down 27%: So What’s Next? Nvidia Past Success Points to Future Potential to Overcome 2025 Slide The stock market recovered from a notable downturn Wednesday. One of the big winners was Nvidia, who jumped 5.8% by midday. With the...