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Over $306 million in crypto will be unlocked this week, potentially creating market volatility
Quick Take Initially arrested in Greece in 2017, both the U.S. and Russia requested his extradition. Marc Fogel, the U.S. citizen exchanged for Vinnik, reportedly returned home on Tuesday night.
XRP’s bullish setup suggests a parabolic surge, with analysts eyeing $13 in the near term and $32 to $110 in future cycles. Technical patterns indicate XRP’s largest bullish formation, hinting at sustained momentum and potential breakouts ahead. Holding key support above $2.50 strengthens XRP’s upside potential, with a move past $3 opening the door for higher targets.
Cardano’s social media buzz is growing, signaling increased interest in its potential. Microsoft collaboration and Grayscale ETF could boost Cardano’s institutional adoption. Cardano is testing key price support levels, with a potential breakout in 2025.
Bitcoin could soon skyrocket as buyers are taking over, claims an analyst. The Bitcoin Taker Buy-Sell Ratio has confirmed a reversal as buyers take over. A breakout above $100K-$105K could confirm a bullish outbreak for Bitcoin.
Quick Take The exchange proposed allowing staking of ether and awaits the SEC’s next move. Bloomberg’s James Seyffart alluded to Wednesday’s filing being the first ETF to file with the SEC to allow for staking.
Quick Take A hacker promoted a memecoin project related to President Donald Trump’s youngest son Barron Trump, claiming “Trump should confirm the news soon.” However, World Liberty Financial confirmed Witkoff’s account had been compromised and urged users not to engage. Donald Trump’s daughter Ivanka was also the subject of a fake memecoin project in late January.
Quick Take Several U.S. states have proposed using public funds to invest in cryptocurrencies, with asset manager VanEck estimating that state-level Bitcoin reserve bills could drive $23 billion in buying. President Donald Trump has initiated efforts to develop a federal regulatory framework for digital assets, including stablecoins, and is considering a “strategic national digital assets stockpile.”
- 07:48ZachXBT: A Certain Address Allegedly Stolen 3520 BTC Quickly Exchanged for XMRAccording to ZachXBT's monitoring, approximately 9 hours ago, a suspected theft of 3520 BTC (roughly $330.7 million) was transferred from a potential victim's account. After being transferred to a specific address, these bitcoins were rapidly exchanged for Monero (XMR) through multiple exchanges, causing the XMR price to increase by 50%.
- 07:32A smart money address bought another 488,000 Fartcoin in the past hourAccording to monitoring by Lookonchain, a smart money address made a profit of $4.9 million by buying Fartcoin and spent 563,000 USDT in the past hour to purchase another 488,000 Fartcoin, now holding a total of 2.12 million Fartcoin ($2.48 million). When this smart money address first bought Fartcoin, its market cap was $32 million, and it made $4.9 million by buying low and selling high.
- 07:23The ECB Governing Council Member Villeroy: Europe Still Has Room to Cut Interest RatesThe ECB Governing Council Member Villeroy: Europe still has room to cut interest rates, reiterating that he does not believe that France or Europe will experience a recession.