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"Shiba Inu Massive Rally Incoming – SHIB Is About to Smash $0.000015 This Week!"

The Crypto Basic

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#shiba⚡ Inu breaks out of a falling wedge with a 3% gain. Can SHIB rally to $0.000015? On-chain data and Fibonacci targets suggest a 20% upside. 

Read more on: https://thecryptobasic.com/2025/05/07/shiba-inu-price-breaks-a-falling-wedge-will-shib-hit-0-000015-soon/
#CryptoNewsCommunity 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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#Cardano rebounds to $0.6784, breaking key Fibonacci levels. Could ADA hit $0.73 amid improved market sentiment? As Bitcoin momentarily gains the $97,000 mark, altcoins like Cardano have surged by nearly 4%. Currently, the ADA price stands at $0.6784, witnessing a massive overnight comeback. As the uptrend in Cardano gains momentum, the bulls have reclaimed the recently lost $0.67 high-volume zone. Will this reversal in Cardano’s price help it surpass the $0.72 decline? Cardano Price Analysis Signals Potential Breakout Rally Cardano’s price has made a bullish comeback from a strong support trendline on the 4-hour price chart. Coinciding with the support trendline, the 50% Fibonacci level has helped Cardano regain bullish strength. With three consecutive bullish candles, the recovery in ADA’s price has surpassed the 61.80% Fibonacci level at $0.6732. The key Fibonacci resistance breakout also marks the breakout of a high-volume zone. This high-volume zone had provided strong support for Cardano in late April. However, the recent breakout signals a V-shaped reversal in the ADA price trend, as well as a falling wedge breakout. As Cardano sustains above the 61.80% Fibonacci level, buyers anticipate an upside move towards the $0.7292 resistance. This critical resistance has kept the Cardano price under check since late April. The positive crossover in the MACD and signal lines supports the bullish outlook. According to Fibonacci levels, a potential breakout could reach the 1.272 level at $0.8372. On the flip side, the crucial support remains the ascending trendline and the 50% Fibonacci level at $0.6437... #CryptoNewss

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Strategy Chairman Michael Saylor has insisted that #Bitcoin would become a global powerhouse asset, predicting an ambitious surge in valuation. Saylor has dropped another Bitcoin bombshell. Interestingly, each of his statements in a public setting always emphasizes the bullish trajectory of the pioneering cryptocurrency. Yesterday, he reiterated Bitcoin’s bright future outlook, predicting its growth to become a global powerhouse. Furthermore, he insisted that the asset’s valuation would hit $280 trillion one day. Saylor Says Bitcoin to $280T Speaking at Strategy’s Bitcoin for Corporations conference yesterday, Saylor stressed that what most financial advisors term “smart investments” have failed to outperform the S&P 500’s 10% performance in the past ten years. Some of them include hedge funds, pension funds, and endowments. Meanwhile, the S&P 500, while profitable, has seen its performance trounced by Bitcoin, an asset some once scorned for its volatility. Saylor shared that the pioneering cryptocurrency has an annualized ten-year performance of 79% and has grown to become one of the best-performing assets in the last decade. Furthermore, Saylor reiterated that Bitcoin would grow from a $2 trillion to a $280 trillion asset in the next 20 years. He emphasized that while its valuation would still not match the bonds and equity market, it would become more noticeable. His projection also identifies that Bitcoin would be worth over five times the value of gold by 2045. Interestingly, several Bitcoin maximalists have aligned with this long-standing projection, citing a divergence from gold to “digital gold” as the financial scene evolves... #Crypto

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"Massive $1B USDT Mint: Is This the Fuel Tron Needs to Hit $0.40?"

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#Ripple CEO Brad Garlinghouse comments on the company’s recently published Q1 2025 XRP Markets report, highlighting major achievements in the previous quarter. In an X post today, Garlinghouse characterized Q1 2025 as an incredible quarter for Ripple following some significant milestones it achieved in the first three months of the year. Major Accomplishments The tweet highlighted three Ripple-related accomplishments: the acquisition of Hidden Road, the SEC withdrawing its appeal, and the growing institutional interest in XRP products globally. Hidden Road Acquisition In the report, Ripple emphasized that acquiring top prime broker Hidden Road for $1.25 billion was the company’s largest deal. It unlocks a new institutional use case for the XRP Ledger (XRPL) and Ripple USD (RLUSD) stablecoin. As previously reported, Hidden Road will leverage RLUSD as collateral across its products. This move will enable cross-margining between traditional finance and crypto investments. The prime broker will also integrate XRPL into its post-trade operations, like Repo Markets and Swaps, to cut costs and enhance efficiency. SEC Ends Its Appeal The report also sheds light on how the SEC informed Ripple of its intent to withdraw its appeal. Ripple responded by also withdrawing its cross-appeal, which challenged the regulator’s victory in the multi-year lawsuit. Consequently, the regulator accepted a reduced fine of $50 million from $125 million and a request to vacate the court’s permanent injunction order. However, the agreement is subject to the court’s approval. If approved, it would mark the end of the multi-year legal tussle, which Ripple claims ‘tested the limits of regulatory overreach.’ #CryptoNewsCommunity

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"Solana in Danger Zone — Will a $45M Liquidation Send SOL Crashing to $134?"

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