The market saw a noticeable increase today in most cryptocurrencies, driven by improved investor confidence and increased liquidity. This rise came after a series of positive news regarding major institutions adopting blockchain technologies, along with expectations of global economic stimulus. Among the prominent currencies leading this surge are: Bitcoin, Ethereum, and some promising altcoins. This movement is a positive signal for investors, especially after a period of volatility and uncertainty. If the current momentum continues, we may witness significant technical breakthroughs at key resistance levels. Close monitoring and data analysis remain essential for making smart trading decisions at this stage.
In a new message to Analisa Torres, U.S. District Judge for the Southern District of New York (SDNY), the U.S. Securities and Exchange Commission (SEC) confirmed that it has reached a settlement agreement with Ripple, a blockchain technology company.
The aforementioned message requested a guiding ruling from Judge Torres.
The Second Circuit had previously stayed the appeal to allow the parties to complete the settlement process.
The district court will be able to formally approve the settlement once the case is returned, meaning that the Second Circuit will send it back to the district court.
Ripple and the SEC will then be able to voluntarily drop their appeal.
The message confirms that Ripple's penalty has been reduced to only $50 million from $125 million. The remaining amount will be returned to the company. The injunction imposed by Judge Torres will also need to be lifted as part of the final ruling last August.
The district will need to indicate whether it is willing to resolve the injunction and change the penalty if jurisdiction is transferred from the appellate court.
Both parties also agreed not to seek to modify Judge Torres' summary judgment order from July 2023, which states that software sales of XRP are not securities. #TradeStories #BTCtrade 73047988467$BTC
The Renta Network is pleased to announce its strategic alliance with Ponder, taking an important step towards innovating smart decentralized finance (DeFi). This pioneering partnership aims to connect the leasing of real-world assets (RWA) with the automation of smart processes. Through this, this synergy will enhance the efficiency of tokenized assets, allowing users to explore and interact with them in unprecedented ways.
🚀 Together Smarter: Renta x Ponder - where artificial intelligence meets real-world assets
We are excited to collaborate with @PonderLabsAI - a project that is redefining Web3 discovery through effective AI-driven comparison tools.
Dogecoin's price regained its strength and surpassed $0.17 after a bullish wave overnight, as global sentiment buoyed the market. This recovery came at a time when China showed signs of readiness to return to the negotiating table with the United States regarding trade, favoring risky global assets such as cryptocurrencies. Dogecoin surpassed $0.17 amid trade optimism
After a recovery of 11.96%, Dogecoin's price bounced back to the range of $0.19. This comes after China announced that it would begin negotiating new trade terms with the United States during the international economic forum in Switzerland at the end of this week.
The meme coin benefited from the positive momentum in the market, as investors believe that the trade dispute between the United States and China will ease. Cryptocurrencies like Dogecoin have seen growth potential due to market positivity, preventing the meme coin from reaching significant resistance levels over the past few months.
Additionally, analysis of Dogecoin's price over the past four hours indicates the formation of a rising wedge pattern over the last fourteen days. The meme coin is testing the resistance line from within a descending pattern characterized by moving highs and lows. A successful breakout of this pattern will signal the beginning of Dogecoin's journey towards reaching $0.20.
A large number of technology experts - including the world's richest man, Elon Musk - have adopted the famous brand of the Mog Coin cryptocurrency, which apparently led to a 51% increase in the value of Ethereum and BIZ over the week, according to data from CoinGecko.
Mog Coin (MOG) is a meme coin referring to the slang phrase "mogging" or "to mog," a term that originated on the controversial image board 4Chan in 2016, according to KnowYourMeme. Simply put, it means to dominate someone or something, often through physical strength or good looks.
"Don't be fooled by the rise of the cryptocurrency market! Media hype and rapid increases can be traps for big speculators. If you missed the rise, don't enter late. Wait for corrections and enter safely from support areas. Smart trading does not follow emotions; it relies on planning and discipline." #CryptoComeback #BTCBackto100K #BTCtrade #TradeStories #StripeStablecoinAccounts $BTC $BNB $SOL
Nexus is building a research and development organization for artificial intelligence aimed at creating transparent and verifiable AI agents for their users.
Artificial intelligence continues to attract attention in the blockchain space, as Nexus Infrastructure announced on Thursday, May 8, the launch of its dedicated research and development lab for artificial intelligence: Nexus Verifiable AI Lab.
The Nexus Verifiable AI Lab will connect the verifiability of blockchain with artificial intelligence. They will focus on developing auditable and trustworthy AI models, with the help of zero-knowledge proofs.
You may also like: The biggest nightmare for big tech companies? Decentralized AI | Opinion
The primary goal is to address a growing concern regarding today's large language models: their lack of transparency. Currently, users have no idea how AI systems arrive at specific outputs, and they cannot determine whether these outputs stem from machine logic or human inputs. #CryptoComeback #BTCBackto100K #BTCtrade #TradeStories #StripeStablecoinAccounts $BTC
Stellar (XLM) shows renewed momentum, rising by 10% over the past 24 hours and more than 25% over the past thirty days. Despite this increase, Stellar has remained below the $0.30 level since March 2, struggling to regain this important psychological level.
Recent technical signals - including a sharp rise in the Relative Strength Index, a positive shift in the intermediate market indicator, and the possibility of a golden cross - are attracting traders' attention. With increasing bullish momentum, Stellar is now facing a crucial test at the resistance area at $0.279.
Rise of Stellar's Relative Strength Index - Is Stellar preparing for a breakout?
Stellar has seen a sharp increase in the Relative Strength Index (RSI) to 62.21, up from 31.47 just two days ago.
This sharp rise indicates an increase in buying momentum, as Stellar has bounced back from the oversold area.
Such a move often reflects a shift in trends, as traders return to buying the currency after a period of weakness. If this momentum continues, XLM may be on the verge of achieving a sharp rise in the short term. #CryptoComeback #BTCBackto100K #BTCtrade #TradeStories #TradeStories
$BTC Bitcoin is back in six figures, continuing yet another of its famous zigs when most were expecting a zag.
To review, the world's largest crypto first pushed through $100,000 in December as it rallied hard following Donald Trump's November election victory. The price eventually rose above $109,000 in the hours prior to the Trump inauguration on Jan. 20.
With the bulls furiously revising their upside price targets higher, things began to crack at that moment. What followed in ensuing weeks was a steady decline, which reached its denouement at just under $75,000 in the panic following Trump's early April announcements of punitive tariffs against U.S. trading partners.
The carnage in many altcions was far worse. Solana (SOL) and ether (ETH), for instance, had peak to bottom declines of more than 60%.
Prices have quickly reversed since, though, with traditional markets joining crypto in looking past the tariff shock. As with bitcoin, the Nasdaq and S&P 500 are both currently at higher levels than prior to Trump's Liberation Day.
#BTCBackto100K #BTCBackto100K: Why is 100k not just a number?
The number $100,000 for Bitcoin is not just a psychological target, but a milestone that symbolizes the maturity of the digital currency as a global asset.
When Bitcoin reaches 100K:
Trust rises: individual and institutional investors see Bitcoin as a real safe haven.
Supporting technologies expand: from Lightning networks to storage and security solutions.
Regulations change: governments begin to seriously recognize Bitcoin as a tradable financial asset.
The question is not just about the price, but about what this achievement represents. Reaching 100K is a declaration that Bitcoin is no longer just an "experiment," but a key player in the global financial system.
#BTCBackto100K is more than a dream... it's a global transformation.
Do you see this number coming soon? Or do you think the road is still long? Share your predictions!
#BTCBackto100K #BTCBackto100K: Will we return to Bitcoin's golden peak?
Since Bitcoin touched its all-time high of nearly $69,000 in November 2021, all eyes are on the moment of return, and even surpassing that peak. Today, the hashtag #BTCBackto100K resonates as a cry of hope and expectation among ambitious investors and traders.
But is this dream achievable? Many indicators support this scenario:
The 2024 Halving may reduce supply and increase demand.
Institutional acceptance is expanding, from ETF funds to investments from major banks.
Global adoption is increasing in developing countries as an alternative to inflated currencies.
On the other hand, the market remains volatile, and government regulations may play a crucial role in the upcoming trajectory.
Will we see BTC above $100,000 soon? Perhaps the question is not "if," but "when."
Share your opinion: What factors do you think will drive Bitcoin to break the $100K barrier? #Crypto #Bitcoin #BTC70K✈️ #BTCBackto100K $BTC
$BTC In recent days, it appears evident that the price of Bitcoin (BTC) seems to be heading once again towards the fateful psychological threshold of $100,000.
The thing is curious, because instead many were expecting a drop towards the end of April, and a May still relatively difficult.
الم اقل لكم ذالك ؟ من المحظوظ الذي حجز مقعده في السوق قبل الارتفاع و
Badreldin
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These coins will rise significantly next week
The cryptocurrency market is expected to rebound next week when the SEC hosts a meeting on tokenization. This meeting, which will involve BlackRock, represents a significant shift in how the agency regulates the industry. This article discusses the top 5 altcoins that will thrive before the SEC meeting with BlackRock and other companies.
Did I not tell you that the lucky one was the one who heard the instructions and reserved their seat in the market before the rise.
Badreldin
--
These coins will rise significantly next week
The cryptocurrency market is expected to rebound next week when the SEC hosts a meeting on tokenization. This meeting, which will involve BlackRock, represents a significant shift in how the agency regulates the industry. This article discusses the top 5 altcoins that will thrive before the SEC meeting with BlackRock and other companies.
Ethereum has broken its downward trend that lasted for several months, as traders target a price of $3,000.
The total value of Ethereum has increased by 41% to reach $52.8 billion in 30 days, with a 22% rise in daily transactions reaching 1.34 million, indicating a strong recovery for the network.
Technical analyses show that the price of Ethereum faces significant resistance at the $2,100-$2,800 level.
Ether is preparing to recover towards the psychological level of $3,000, supported by a recovery in network activity, an increase in total value, and strong technical indicators.
The price of Ether aims to return to $3,000.
Ether
Ether
$1,967
It seems that Ethereum has ended its downward trend that began in mid-December after distancing itself from its 10-month high of $4,100.
Cryptocurrency technical analyst Mikybull Crypto shared a chart showing that the price of ETH is breaking a six-month downward trend line, with $2,000 and $2,250 being key resistance levels to watch,22290497790805370710544539669343515120571318
Ethereum has broken its downward trend that lasted for several months, as traders target a price of $3,000.
The total value of Ethereum has increased by 41% to reach $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, indicating a strong network recovery.
Technical analyses show that the price of Ethereum faces significant resistance at the $2,100-$2,800 level.
Ether is preparing to recover towards the psychological level of $3,000, supported by the recovery of network activity, an increase in total value, and strong technical indicators.
The price of Ether is seeking to return to $3,000.
Ether
Ether
$1,967
It seems that Ethereum has ended its downward trend that started in mid-December after moving away from its 10-month high of $4,100.
Cryptocurrency technical analyst Mikybull Crypto shared a chart showing that the price of ETH is breaking a six-month downward trend line, with $2,000 and $2,250 being key resistance levels to watch.
$ETH Ether breaks multimonth downtrend as traders target $3,000 ETH price.
Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery.
Technicals show ETH price faces major resistance at $2,100-$2,800.
Ether is setting up for a recovery toward the $3,000 psychological level, backed by recovering network activity, increasing TVL, and strong technicals.
Ether price seeks a return to $3K
Ether
ETH
$1,967
looks to end its downtrend that has been in play since mid-December after it turned away from its 10-month high of $4,100.
Crypto technical analyst Mikybull Crypto shared a chart showing the ETH price breaking above a six-month descending trendline, with $2,000 and $2,250 being key resistance levels to watch, saying:
$XRP A researcher in the XRP community recently drew attention to dated data from a banking services company
$XRP Morgan Stanley researcher drew attention, praising Ripple as a suitable alternative to SWIFT.
Salient @SMQKEDQG highlighted this assessment and was published in an academic review from the Boston University Journal of Banking and Financial Law (Volume 36). Notably, Morgan Stanley's original estimate appeared in their publication titled "Blockchain in Banking: Disruptive Threat or Tool?"
$XRP #BTCtrade $While much of crypto Twitter has gone silent on hyped-up meme coins and trendy Layer-2 tokens, big utility projects like XRP and HBAR have quietly kept building, forming deals, partnerships, and preparing for something much bigger behind the scenes.
Crypto analyst Vincent Van Code says that XRP could play a major role in fixing one of the biggest problems in global finance: liquidity. He compares the XRP Ledger (XRPL) to a surgeon’s scalpel — a powerful tool that’s only valuable