Month: March 2025

SEC drops Yuga Labs probe, Trump files NFT marketplace trademark: Nifty Newsletter

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In this week’s newsletter, the US Securities and Exchange Commission (SEC) has dropped its investigation into the non-fungible token (NFT) company Yuga Labs, a company owned by US President Donald Trump filed trademarks for a metaverse and an NFT marketplace, and gambling platform DraftKings plans to settle its NFT lawsuit for $10 million. In other news, Hamster Kombat’s newly launched layer-2 network aims to support Web3 gaming.  Yuga Labs says SEC dropped its investigation into NFT firm NFT firm Yuga Labs said the SEC dropped its investigation into the company.…

Buy Dogecoin Now? Analyst Says This Is the Spot

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Este artículo también está disponible en español. Crypto analyst Kevin (known on X as @Kev_Capital_TA) has outlined what he deems a potentially ideal accumulation window for Dogecoin. In a series of posts, he highlighted key technical indicators, regulatory conditions, and macroeconomic shifts that could converge to propel the meme-inspired asset in the near to mid-term. Why Buying Dogecoin Now Could Be A Good Idea Kevin points out that Dogecoin’s weekly Relative Strength Index (RSI) is currently situated at a threshold it last occupied in October of last year, when the…

Bitcoin Cash soars 30% to lead top coins amid market bounce

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Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization. The price of Bitcoin Cash (BCH) rose to an intraday high of $391 during early trading during the U.S. session on March 5, 2025. It marked the altcoin’s highest level since early February, when its price dropped below $400. Notably, BCH price rose amid a breakout from a falling wedge pattern, in place as the altcoin continued its multi-year accumulation phase. Data from IntoTheBlock…

Bitcoin Advocate Lummis Skeptical of Near-Term Approval for Trump’s Crypto Reserve Plan

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Wyoming Sen. Cynthia Lummis, a leading bitcoin proponent, cast doubt on the immediate feasibility of former President Donald Trump’s proposed cryptocurrency strategic reserve, citing insufficient Congressional backing as a critical barrier. Political Resistance Slows Trump’s Bitcoin Strategic Reserve, Lummis Says Trump’s plan, unveiled March 2, 2025, via Truth Social, calls for a “Crypto Strategic Reserve” […] Original

XRP traders eye rally to new all-time highs at $5.85 as key support holds

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XRP’s (XRP) price is trading 28% above its $1.94 lows reached on Feb. 28, up 6.5% over the last 24 hours. Traders keep rally hopes alive as the altcoin holds above a key support level.   XRP/USD daily chart. Source: Cointelegraph/TradingView Elliott Wave analysis projects XRP price to $5.85 Dark Defender, a crypto market analyst, highlighted that XRP was trading above a key support zone in the four-hour timeframe, as shown in the chart below. Note that this level represents the 38.2% Fibonacci retracement of the November rally to seven-year highs…

What Important Technical Indicators Are Saying

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Este artículo también está disponible en español. Crypto analyst Tony Severino has drawn similarities between Ethereum’s price action in 2024 and this year. Specifically, the analyst highlighted important technical indicators and what they are saying about ETH’s future trajectory.  Ethereum’s Price Action In 2024 Vs. 2025 Based On Important Technical Indicators In an X post, Tony Severino provided a Japanese candlestick, TD Sequential and Parabolic SAR analysis of the 2024 and 2025 Ethereum price action. He noted that ETH’s 2024 candle made a lower high both on a candle close…

Market Optimism Helps Bitcoin Gain Momentum

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News of potential interest cuts and the expected unveiling of a national crypto strategic reserve at the upcoming White House Crypto Summit, all helped buoy the dominant cryptocurrency. Bitcoin Price Rises Amid Positive Market Sentiment Bearish traders suffered liquidations on their short positions as positive economic news gave bitcoin a modest 7% rally this morning. […] Original

Bitcoin trader eyes $78K BTC price retest as US seen delaying reserve

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Bitcoin (BTC) retreated from above $90,000 at the March 5 Wall Street open amid mixed signals over the US strategic reserve. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Senator: US Bitcoin reserve lacks support Data from Cointelegraph Markets Pro and TradingView showed whipsaw BTC price action continuing as part of broader risk-asset volatility. Geopolitical events maintained a firm grip on market performance, with stocks and crypto sensitive to developments over US trade tariffs and the reserve. The latter appeared to get the green light earlier on the day as US Commerce Secretary…

Bitcoin open interest marks 4-month low as volatility persists

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Crypto market volatility discouraged digital asset speculation, flushing out Bitcoin leveraged positions despite the March 4 recovery bounce. Bitcoin (BTC) open interest backpedaled to $49 billion, or 558,914 BTC across exchanges, reaching a four-month low and revisiting levels last seen in October 2024, per CoinGlass data. Open interest measures the sum of outstanding futures or options contracts. In this case, BTC OI calculates the total money allocated to Bitcoin leveraged positions. Data showed BTC OI in a downtrend since December, falling to current levels from around 700,000 BTC worth over…

Ethereum 2025 Price Prediction as Trump Announces US Crypto Reserve

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Following its inclusion in Donald Trump’s newly announced US Crypto Reserve, Ethereum’s price prediction for 2025 has become one of the hottest topics of debate among crypto enthusiasts and pundits. While a vast majority is expecting $ETH to ride the positive momentum and finally break out of its long-drawn sideways channel, some say there’s more price correction in store. In this guide, we’ll let Ethereum speak to us; we’ll analyze its technicals and fundamentals to draw out a clear picture of where we think the second-biggest crypto in the world…