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Ethereum Surges After Pectra Upgrade, Altcoins Follow Amid Renewed Investor Optimism..
Ethereum Surges After Pectra Upgrade, Altcoins Follow Amid Renewed #Investor Optimism
According to a report from #PANews , Ethereum has seen a significant boost in value following the successful implementation of its Pectra upgrade. The upgrade has helped drive ETH up by more than 30% over the past week. Other major altcoins, including Solana (SOL), Cardano (ADA), Ripple (XRP), and Binance Coin (BNB), have also experienced modest gains ranging between 2% and 6%.
Nick Ruck, Head of LVRG Research, highlighted a growing optimism among traders, who see #Cryptocurrencies: as a potential hedge against global economic uncertainty. As altcoins begin to recover from previous downtrends, #investor sentiment appears to be shifting, triggering renewed risk appetite and increasing market activity.
However, despite the current bullish momentum, market participants are keeping a close eye on geopolitical developments—particularly the upcoming U.S.-China trade talks scheduled to begin late Saturday in Switzerland. Any signs of a breakdown or rising tensions during these discussions could negatively impact the ongoing rally in the #crypto c sector.
According to a report from #PANews , Ethereum has seen a significant boost in value following the successful implementation of its Pectra upgrade. The upgrade has helped drive ETH up by more than 30% over the past week. Other major altcoins, including Solana (SOL), Cardano (ADA), Ripple (XRP), and Binance Coin (BNB), have also experienced modest gains ranging between 2% and 6%.
Nick Ruck, Head of LVRG Research, highlighted a growing optimism among traders, who see #Cryptocurrencies: as a potential hedge against global economic uncertainty. As altcoins begin to recover from previous downtrends, #investor sentiment appears to be shifting, triggering renewed risk appetite and increasing market activity.
However, despite the current bullish momentum, market participants are keeping a close eye on geopolitical developments—particularly the upcoming U.S.-China trade talks scheduled to begin late Saturday in Switzerland. Any signs of a breakdown or rising tensions during these discussions could negatively impact the ongoing rally in the #crypto c sector.
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#Regulaciones UE: Impact on the Stablecoin Market 💥
According to #PANews , the European Union's cryptocurrency asset regulations have led several cryptocurrency exchanges, including the withdrawal of USDT from the popular Ethereum platform. This measure is affecting the digital asset market, with issuers trying to fill the gap, while investors are opting to use the euro for cryptocurrency transactions. 📈 Money 🔍
$USDC
According to #PANews , the European Union's cryptocurrency asset regulations have led several cryptocurrency exchanges, including the withdrawal of USDT from the popular Ethereum platform. This measure is affecting the digital asset market, with issuers trying to fill the gap, while investors are opting to use the euro for cryptocurrency transactions. 📈 Money 🔍
$USDC
🔥 𝐖𝐡𝐚𝐥𝐞 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐓𝐫𝐢𝐠𝐠𝐞𝐫𝐬 𝐌𝐚𝐣𝐨𝐫 𝐏𝐫𝐢𝐜𝐞 𝐒𝐰𝐢𝐧𝐠𝐬 𝐢𝐧 𝐒𝐖𝐀𝐑𝐌𝐒 𝐓𝐨𝐤𝐞𝐧 🔥
Recent reports from #PANews indicate that significant price volatility in SWARMS tokens has been linked to potential manipulation by a large cryptocurrency holder, commonly referred to as a "𝐰𝐡𝐚𝐥𝐞." On-chain analysis from @ai_9684xtpa reveals that the whale, identified by the address 3EqUQ...xrU3s, executed a large sale of SWARMS worth $2.1 million, approximately 7.15 million tokens, at an average price of $0.2944 within just 25 minutes.
Following the initial sale, the whale repurchased 5.55 million tokens at a slightly lower price of $0.2799, just six minutes later. This series of transactions caused a dramatic price fluctuation, with the value of SWARMS dropping by 16.6%, only to rebound quickly by 30%. In total, these movements led to a staggering 46.6% price swing, raising concerns about potential price manipulation within the market.
Such activity is not uncommon in the cryptocurrency space, where large holders can exert considerable influence over asset prices. The rapid sell-off and subsequent repurchase have sparked speculation about the whale’s intentions and the broader impact on market stability. As the SWARMS token continues to experience these significant fluctuations, market participants are closely monitoring further developments.
The actions of whales often lead to unpredictable market behavior, making it crucial for investors to stay alert and consider the potential for similar movements. Whether this was a case of strategic trading or manipulation remains uncertain, but the rapid fluctuations serve as a reminder of the volatile nature of the cryptocurrency market.
#SUIHitsATH #CryptoReboundStrategy #BitcoinHashRateSurge #USJoblessClaimsDrop
Recent reports from #PANews indicate that significant price volatility in SWARMS tokens has been linked to potential manipulation by a large cryptocurrency holder, commonly referred to as a "𝐰𝐡𝐚𝐥𝐞." On-chain analysis from @ai_9684xtpa reveals that the whale, identified by the address 3EqUQ...xrU3s, executed a large sale of SWARMS worth $2.1 million, approximately 7.15 million tokens, at an average price of $0.2944 within just 25 minutes.
Following the initial sale, the whale repurchased 5.55 million tokens at a slightly lower price of $0.2799, just six minutes later. This series of transactions caused a dramatic price fluctuation, with the value of SWARMS dropping by 16.6%, only to rebound quickly by 30%. In total, these movements led to a staggering 46.6% price swing, raising concerns about potential price manipulation within the market.
Such activity is not uncommon in the cryptocurrency space, where large holders can exert considerable influence over asset prices. The rapid sell-off and subsequent repurchase have sparked speculation about the whale’s intentions and the broader impact on market stability. As the SWARMS token continues to experience these significant fluctuations, market participants are closely monitoring further developments.
The actions of whales often lead to unpredictable market behavior, making it crucial for investors to stay alert and consider the potential for similar movements. Whether this was a case of strategic trading or manipulation remains uncertain, but the rapid fluctuations serve as a reminder of the volatile nature of the cryptocurrency market.
#SUIHitsATH #CryptoReboundStrategy #BitcoinHashRateSurge #USJoblessClaimsDrop
#PANEWS
U.S. Commerce Secretary Advocates for Domestic Bitcoin Mining Expansion
According to PANews, U.S. Commerce Secretary Howard Lutnick has announced that the United States will fully support the development of the Bitcoin mining industry within the country. This statement underscores the government's commitment to fostering growth in the digital currency sector.
U.S. Commerce Secretary Advocates for Domestic Bitcoin Mining Expansion
According to PANews, U.S. Commerce Secretary Howard Lutnick has announced that the United States will fully support the development of the Bitcoin mining industry within the country. This statement underscores the government's commitment to fostering growth in the digital currency sector.
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South Korea Proposes Amendments to Strengthen Cryptocurrency Regulations
According to PANews, South Korean lawmakers have introduced amendments to the Virtual Asset User Protection Act to enhance oversight of speculative cryptocurrency investment chat rooms on social media and tighten regulations on crypto exchanges. The proposal, led by Democratic Party of Korea (DPK) members Min Byoung-dug and Kang Hoon-sik, mandates these chat rooms to register with the Financial Services Commission (FSC) as quasi-investment advisory businesses. Under current laws, such entities are prohibited from compensating investment losses, guaranteeing returns, or promoting false profit rates. The proposed amendments also require crypto exchanges to report any creation or modification of their terms and conditions to the FSC.
Additionally, as reported by Digital Asset, legislator Min Byoung-dug has put forward a bill aimed at safeguarding customer assets in the event of a cryptocurrency exchange's bankruptcy. This amendment seeks to ensure that customers' rights to recover their assets are not treated as general unsecured claims, which would otherwise be distributed among the bankrupt estate.
Additionally, as reported by Digital Asset, legislator Min Byoung-dug has put forward a bill aimed at safeguarding customer assets in the event of a cryptocurrency exchange's bankruptcy. This amendment seeks to ensure that customers' rights to recover their assets are not treated as general unsecured claims, which would otherwise be distributed among the bankrupt estate.
Cryptocurrency Fear and Greed Index Rises to 32 Indicating Market Panic
According to PANews, the cryptocurrency Fear and Greed Index has increased to 32 today, up from 26 yesterday, reflecting a state of market panic. The index, which ranges from 0 to 100, is composed of several indicators: volatility (25%), market trading volume (25%), social media trends (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%). #Cryptocurrencies: #PANews
According to PANews, the cryptocurrency Fear and Greed Index has increased to 32 today, up from 26 yesterday, reflecting a state of market panic. The index, which ranges from 0 to 100, is composed of several indicators: volatility (25%), market trading volume (25%), social media trends (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%). #Cryptocurrencies: #PANews
#PANews
Ripple Dismisses IPO Plans Amid Financial Stability
According to PANews, Ripple has officially denied any plans to initiate an Initial Public Offering (IPO) in 2025, following years of market speculation. In an interview with CNBC, Ripple President Monica Long stated that an IPO is not part of the company's agenda. She emphasized that Ripple's financial position is robust, with billions in cash reserves, eliminating the need for public listing to raise funds or enhance market visibility. Long noted that companies typically go public to raise capital or boost brand presence, but Ripple currently has no need for either.
Ripple CEO Brad Garlinghouse has consistently reiterated that the company is not seeking external capital nor planning a public listing in the short term. The rumors of Ripple going public have persisted for years. In 2022, Garlinghouse mentioned that the possibility of an IPO would be reconsidered once the legal dispute with the U.S. Securities and Exchange Commission (SEC) was resolved. However, after reaching a settlement with the SEC at the end of 2023, Garlinghouse reaffirmed that going public is not a priority for Ripple.
Ripple Dismisses IPO Plans Amid Financial Stability
According to PANews, Ripple has officially denied any plans to initiate an Initial Public Offering (IPO) in 2025, following years of market speculation. In an interview with CNBC, Ripple President Monica Long stated that an IPO is not part of the company's agenda. She emphasized that Ripple's financial position is robust, with billions in cash reserves, eliminating the need for public listing to raise funds or enhance market visibility. Long noted that companies typically go public to raise capital or boost brand presence, but Ripple currently has no need for either.
Ripple CEO Brad Garlinghouse has consistently reiterated that the company is not seeking external capital nor planning a public listing in the short term. The rumors of Ripple going public have persisted for years. In 2022, Garlinghouse mentioned that the possibility of an IPO would be reconsidered once the legal dispute with the U.S. Securities and Exchange Commission (SEC) was resolved. However, after reaching a settlement with the SEC at the end of 2023, Garlinghouse reaffirmed that going public is not a priority for Ripple.
#PAnews
#frenchfinance
French Finance Minister Warns of Economic Instability if Powell is Dismissed
According to PANews, French Finance Minister Eric Lombard has issued a warning regarding potential economic instability in the United States. Lombard cautioned that if U.S. President Donald Trump were to dismiss Federal Reserve Chairman Jerome Powell, the credibility of the U.S. dollar could be jeopardized, leading to economic turmoil.
Lombard emphasized that the removal of Powell could result in increased debt repayment costs and significant disruption to the national economy. He suggested that these consequences might eventually compel the United States to engage in negotiations to resolve the ensuing tensions.
#frenchfinance
French Finance Minister Warns of Economic Instability if Powell is Dismissed
According to PANews, French Finance Minister Eric Lombard has issued a warning regarding potential economic instability in the United States. Lombard cautioned that if U.S. President Donald Trump were to dismiss Federal Reserve Chairman Jerome Powell, the credibility of the U.S. dollar could be jeopardized, leading to economic turmoil.
Lombard emphasized that the removal of Powell could result in increased debt repayment costs and significant disruption to the national economy. He suggested that these consequences might eventually compel the United States to engage in negotiations to resolve the ensuing tensions.
According to PANews, Ki Young Ju, the founder of CryptoQuant, stated that the total number of Bitcoin private keys is approximately 1.1579×10⁷⁷. This figure is nearly equivalent to the number of atoms in the observable universe, underscoring the immense complexity and security of Bitcoin's encryption..#panews #BinanceAlphaAlert
💥💥💥💥As of recent reports from #PANews , Solana ($SOL ) has made significant strides in the global asset market capitalization rankings. The cryptocurrency has successfully moved up to the 181st spot, surpassing well-established companies such as Recruit and Starbucks. This milestone highlights Solana's growing influence and market presence.
The impressive rise of #Solana is detailed by data from Infinite Market Cap, showcasing the token's consistent performance in the highly competitive global market. By overtaking these major players, Solana further solidifies its position as a prominent force in the world of digital assets.
This advancement serves as a testament to the ongoing success and investor confidence in Solana, reflecting the broader trend of blockchain and cryptocurrency adoption worldwide. The network’s ability to outperform traditional companies in terms of market value signifies the increasing importance of digital currencies in global economic rankings.
As the crypto space continues to evolve, #Solana 's upward trajectory is one to watch, demonstrating both the rapid growth of blockchain technologies and the shifting dynamics of global financial markets.
#SolanaUSTD #BitcoinHashRateSurge $SOL
The impressive rise of #Solana is detailed by data from Infinite Market Cap, showcasing the token's consistent performance in the highly competitive global market. By overtaking these major players, Solana further solidifies its position as a prominent force in the world of digital assets.
This advancement serves as a testament to the ongoing success and investor confidence in Solana, reflecting the broader trend of blockchain and cryptocurrency adoption worldwide. The network’s ability to outperform traditional companies in terms of market value signifies the increasing importance of digital currencies in global economic rankings.
As the crypto space continues to evolve, #Solana 's upward trajectory is one to watch, demonstrating both the rapid growth of blockchain technologies and the shifting dynamics of global financial markets.
#SolanaUSTD #BitcoinHashRateSurge $SOL
PANews reports that data from Coinglass shows $106 million in liquidations in the cryptocurrency market over the past 24 hours. Among this, $53.15 million were from long positions, while $52.65 million were from short positions. Bitcoin (BTC) faced liquidations totaling $9.59 million, and Ethereum (ETH) saw $13.15 million in liquidations.
#PANews #coinglass #BTC
$BTC
$ETH
#PANews #coinglass #BTC
$BTC
$ETH
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Russia plans a cryptocurrency exchange for high-net-worth investors.
According to PANews, the Ministry of Finance of Russia and the Central Bank are preparing to establish a cryptocurrency exchange platform aimed at high-net-worth investors. This initiative is part of an experimental legal regime designed to ensure regulatory compliance. Participants must possess assets exceeding 120 million rubles or have annual income exceeding 50 million rubles. The plan seeks to legalize cryptocurrency trading and improve market transparency, but it will be limited to foreign trade settlements and will not apply to domestic payments. The pilot phase of these transactions is expected to start in six months.
We are holding $AVAX from $15 🚀
According to #PANews , the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application from VanEck for a spot Avalanche ETF.
This development marks a significant step in the ongoing expansion of cryptocurrency-based financial products in the United States.
The application is part of VanEck's efforts to offer investors exposure to Avalanche, a blockchain platform known for its high throughput and low transaction fees.
The SEC's decision on this application will be closely watched by industry stakeholders, as it could influence the future of cryptocurrency ETFs in the market.
According to #PANews , the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application from VanEck for a spot Avalanche ETF.
This development marks a significant step in the ongoing expansion of cryptocurrency-based financial products in the United States.
The application is part of VanEck's efforts to offer investors exposure to Avalanche, a blockchain platform known for its high throughput and low transaction fees.
The SEC's decision on this application will be closely watched by industry stakeholders, as it could influence the future of cryptocurrency ETFs in the market.
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