Tag: Crypto
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Bitcoin Price Falls Amid ETF Outflows, Liquidations and Waning Demand
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Bitcoin experienced a sharp decline of 2.7% over the past 24 hours, dropping from above $111,000 to $105,150, as multiple market indicators pointed towards waning investor demand and intensified sell-side pressure. The drop coincided with significant long position liquidations and growing concerns over macroeconomic conditions, including US-China trade tensions. Institutional Outflows Weigh on Bitcoin One…
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SUI Eyes 100% Rally Amid Nasdaq ETF Filing and Bullish Technical Signals
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Sui (SUI) Price Set for Surge with Technical Indicators Pointing to $7.56 Target Sui (SUI) appears poised for a significant price rally, with technical analysis projecting a potential 100% rise in the coming weeks. This optimism is being bolstered by recent positive developments, including Nasdaq’s filing for a SUI exchange-traded fund (ETF) with the US…
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NFT Sales Rebound in May, Breaking 2025’s Downward Trend
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After a five-month slump, the NFT market witnessed a resurgence in May, with sales rising and buyer activity sharply increasing, according to the latest data from CryptoSlam. The revival marks the first monthly increase in NFT sales for 2025, suggesting renewed optimism in the digital collectibles space. Sales Surge Signals Rebound NFT sales totalled $430…
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Bitcoin Conference 2025 Raises Fears of Repeat Price Crash as BTC Trades Near $110K
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As the highly anticipated Bitcoin 2025 Conference kicks off in Las Vegas, traders are voicing concerns that history may repeat itself with a sharp BTC price correction. The event has already sparked heightened volatility, and some analysts warn that a 30% crash — similar to the one that followed last year’s conference — could be…
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XRP Faces Bearish Outlook as Key Support Levels Threaten to Break
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XRP is showing signs of weakness after a sharp rebound from April lows, with analysts warning of a possible 16% price drop if key support fails to hold. The cryptocurrency is currently trading at $2.33 on May 27, recovering more than 45% from its April 7 low but still lagging 31% below its January 2025…
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Victim Loses $2.6 Million in Double Crypto Phishing Scam Using Zero-Value Transfers
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A single crypto investor has lost a staggering $2.6 million in stablecoins after falling victim to two phishing attacks within just three hours. The sophisticated scam employed a method known as a zero-value transfer—an emerging onchain phishing tactic that is raising alarms across the crypto community. Phishing Strikes Twice in Three Hours The incident, reported…
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XRP Faces Potential Market Top as Network Metrics Flash Warning Signs
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On-chain data and chart patterns suggest a possible 25% price drop for XRP XRP has surged over 385% since late 2024, recently trading at $2.30. However, fresh network analysis and technical indicators suggest that this rally may have reached its peak. Both on-chain data and price patterns are signalling a heightened risk of a significant…
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Vitalik Buterin Highlights Ethereum’s Role as Sweden Reconsiders Cashless Future
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As Sweden reevaluates its ambition to become a fully cashless society, Ethereum co-founder Vitalik Buterin has weighed in on the debate, emphasising the risks of centralised digital payment systems and the importance of decentralised alternatives like Ethereum during times of crisis. Sweden Walks Back on Cashless Ambition Sweden has long been a frontrunner in digital…
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Bitcoin Bull Market Poised to Redefine Its Role in Modern Portfolios, Says Fidelity
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Institutional Adoption and Market Maturity Fuel BTC’s Long-Term Potential Bitcoin’s ongoing bull market is signalling a fundamental shift in its role within modern investment portfolios, according to new research from Fidelity Digital Assets. The report highlights how rising institutional participation, increased market maturity, and significant capital inflows are reshaping the cryptocurrency’s long-term position as a…
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Bitcoin Suisse Eyes UAE Expansion with Regulatory Nod from Abu Dhabi
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Swiss crypto financial services provider Bitcoin Suisse has taken a significant step towards expanding its footprint beyond Europe, securing an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This marks the company’s first move outside the European Union and positions Abu Dhabi as a key market…