Ripple says the UAE is spearheading global crypto adoption, with innovative regulations and stablecoin growth positioning the region as a hub for digital assets in 2025. Ripple Champions UAE’s Crypto Dominance – Digital Assets Set to Explode Ripple’s Middle East and Africa Managing Director, Reece Merrick, has highlighted the company’s ongoing commitment to fostering the […]
Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition.
As the cryptocurrency market experiences a notable resurgence, Bitcoin (BTC) continues to lead the charge, while altcoins—especially Cardano (ADA)—are making significant gains. Altcoins Market On The Cusp Of Change: Will Bullish Momentum Prevail? Market expert Patrick H recently shared insights on social media, stating, “The altcoins market is attempting to build a new bullish structure. Are we heading for higher levels, or is another rejection more likely?” This query shared among market players signifies the careful optimism present in the altcoin realm as it contemplates the possibilities of a trend reversal. Related Reading: XRP Eyes $11 Breakout, But A Correction Might Come First—Analyst On this matter, the expert unveiled in a recent analysis that the daily chart of the total altcoin market cap (excluding the top 10 cryptocurrencies) reveals important developments. After enduring a prolonged bearish phase characterized by a descending channel—marked by lower highs (LH) and lower lows (LL)—the market appears to be on the verge of a significant shift. In addition, recent activity indicates a breakout from this descending channel, suggesting that bearish momentum may be waning. Importantly, a higher low (HL) has formed around the $330 billion mark, establishing a critical support level, serving as the first indication of a possible bullish shift in the market’s trajectory. Currently, the altcoin market is facing resistance at the $375 billion level, where it is consolidating following the breakout. For a full confirmation of a bullish market structure shift, the market must achieve a clear higher high (HH) at approximately $400 billion. Successfully breaking this level would solidify the reversal and could lead to a rally targeting $600 billion as the next local stop. Conversely, if the market experiences a failed breakout—failing to reclaim the $400 billion mark and subsequently reversing—investors should closely monitor key support levels at $330 billion and $317 billion. A retest of the descending channel breakout could occur, and a breakdown below $317 billion would invalidate the bullish setup, signaling a potential return to the downtrend. Can Cardano Continue Its Impressive Price Climb? Over the past week, Cardano has emerged as a standout performer, experiencing a substantial price increase of 31%. This surge has enabled the ninth-largest cryptocurrency by market capitalization to regain the critical $1.11 level. In stark contrast, Bitcoin (BTC), the leading cryptocurrency, recently achieved a new all-time high of $108,000. Despite this, Cardano’s current price remains over 64% below its all-time high of $3.09, which was reached in September 2021. However, with the bullish scenarios outlined by market expert Patrick H. indicating a potential rally in the altcoin market in the coming months, Cardano and other altcoins may continue to experience upward price momentum. Related Reading: XRP Price Sets Bullish Flag Continuation On The Daily Chart, Next Stop $10? All around, the altcoins market stands at a crucial juncture. The recent breakout and formation of a higher low are promising signs, yet the path forward remains uncertain. A successful push above the $400 billion threshold is essential to confirm a bullish reversal and unlock further upside potential. Featured image from DALL-E, chart from TradingView.com
HashKey Europe has entered Ireland following its approval for a VASP license under MiCA regulations, enabling various crypto services.
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Robert Kiyosaki’s bullish $350K bitcoin forecast comes with warnings of a massive market crash, urging investors to secure bitcoin before prices lock out the middle class. Bitcoin to $350K? Bullish Kiyosaki Says Buy More Before It’s Too Late Robert Kiyosaki, the renowned author of the best-selling personal finance book Rich Dad Poor Dad, continues to […]
Toyota’s futuristic “Woven City” will open this year at the base of Mt. Fuji and will initially house the car maker’s employees and families.
So smart contract is "letter strict" which is quite limiting in some cases. I am wondering what it can do with AI. submitted by /u/BoyceCecil [link] [comments]
A new Solana improvement document aims to address the “state growth problem” by introducing a lattice-based hashing function.
