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PANews, August 15 — According to The Data Nerd, major Ethereum (ETH) whale activity was recorded within 24 hours, with address 0xE75 withdrawing 17,591 ETH ($172M) from multiple exchanges.
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$MDT – Strong Breakout to Multi-Month Highs $MDT has rallied sharply from $0.02204 to $0.03920, achieving a significant multi-month high. The move is supported by robust trading volume and strong bullish momentum, reflecting aggressive buying activity. Price action remains just below the session’s peak, indicating sustained strength. Long Trade Plan Entry Zone: $0.03840 – $0.03910 Target 1 (TP1): $0.04000 Target 2 (TP2): $0.04150 Target 3 (TP3): $0.04300 Stop Loss: $0.03680 Trading Insight: Monitor for a steady consolidation above $0.03850 as confirmation of continued strength. A sharp rejection at this level could trigger a short-term pullback toward $0.03700 before the next upward move. $MDT
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XRP Market Update — $100B Market Cap Decline XRP saw a sharp $100 billion market cap drop in the past 24 hours amid heavy selling from multiple large wallets, likely driven by profit-taking after recent rallies. Broader macroeconomic pressures, including U.S. inflation data and Fed policy signals, added to the risk-off sentiment. Key Points: Short-term: Continued volatility possible if large holder selling persists. Medium-term: Support holding near $0.58–$0.60; potential rebound if pressure eases. Long-term: Ripple’s legal clarity and institutional adoption remain strong fundamentals. Corrections of this scale are common in crypto. Informed, disciplined investors often view them as strategic opportunities. $BTC $ETH $XRP
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US PPI Rises to 3.3%, Above Expectations The latest US Producer Price Index came in at 3.3%, exceeding forecasts and signaling ongoing inflationary pressures. Markets reacted with a sharp decline across equities and cryptocurrencies, reflecting concerns the Federal Reserve may keep interest rates elevated for longer. PPI measures the average price change received by producers for goods and services; a higher reading typically points to increased inflation risk. The volatility may also present short-term buying opportunities in gold.
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🚀 5 Altcoins Poised for Strong Growth by 2026 (Research-based; not financial advice) 1️⃣ Solana (SOL) — $250–$400 High-speed, low-cost network; leading in NFTs/DeFi; adopted by Visa & Shopify. 2️⃣ Chainlink (LINK) — $50–$100 Core DeFi infrastructure; connects real-world data; partners include Google, Oracle, SWIFT. 3️⃣ WCT — $30–$60 Undervalued emerging project with high upside potential. 4️⃣ Cosmos (ATOM) — $50–$100 Blockchain interoperability leader; modular, developer-friendly; supports sovereign chain creation. 5️⃣ Cardano (ADA) — $3–$10 Peer-reviewed, eco-friendly blockchain with real-world adoption in Africa & education. Strategy: Focus on utility, long-term holding, and monitoring ecosystem growth. $SOL $LINK
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🇵🇰 Pakistan to Pilot First Digital Rupee in 2025 The State Bank of Pakistan, in collaboration with Japan’s Soramitsu and funded by Japan’s Ministry of Economy, Trade & Industry, will launch a pilot Central Bank Digital Currency later this year. The project aims to enhance payment speed, expand financial inclusion, and improve economic efficiency. #pakcrypto #PakistanDigitalFuture $BTC
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