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KAVA is outperforming peers with rising buyer momentum and bullish on-chain indicators. If it breaks above $0.415, a rally to $0.44 may follow.
Bitcoin continues its uptrend, forming higher highs and lows. A 30% rally toward $109,000 could be next.Why Traders Are Watching $109K CloselyWhat to Expect Next
「I didn't intend to crash the stock market, but sometimes you have to take medicine to cure the illness.」
Ethereum has hit its lowest point since March 2023, driven by a plummeting ETH/BTC ratio and weakening demand. However, with an oversold RSI, a potential rebound might be in the cards.
Despite a sharp decline in cryptocurrency prices, experts are optimistic that this market dip mirrors the 2020 crash, potentially offering future opportunities for savvy investors.
Cardano (ADA) faces heightened bearish pressure after a death cross forms on its chart, signaling potential further price declines. With over $150 million in spot outflows, ADA could sink to $0.44 unless buying momentum returns.
- 09:20Circle Receives In-Principle Approval from Abu Dhabi Regulator to Operate as a Money Services ProviderApril 29 news, according to TheBlock, the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has granted in-principle approval to stablecoin issuer Circle, allowing it to operate as a money services provider. This move follows Circle's establishment of a new legal entity within ADGM in December 2024, aimed at expanding its global business presence in the Middle East and Africa regions.
- 09:20Standard Chartered: Three Reasons BTC May Be in a New Rally and Hit New Highs This QuarterStandard Chartered analyst Geoff Kendrick has reiterated that despite Bitcoin's decline at the beginning of this year, three major reasons will drive Bitcoin into a new rally this quarter and reach new historical highs: 1. Economic turmoil increases Bitcoin's appeal, with the shift of funds among safe-haven assets already underway. Funds are moving from gold ETFs to Bitcoin ETFs, indicating that investors are starting to view Bitcoin as a better safe-haven asset than gold. 2. Buying behaviors triggered by tariffs show that "Bitcoin whales" (investors holding more than 1,000 bitcoins) have been accumulating Bitcoin during price drops caused by tariffs. 3. More catalysts are forming, such as the increased purchase by pension funds and sovereign wealth funds. Previously, Trump has highlighted that stablecoin legislation may be introduced this summer.
- 09:20Neo to Shut Down Neo Legacy Mainnet on October 31April 29 news, Neo officially announced that it will shut down the Neo Legacy network, which has served the Neo ecosystem for over 8 years since its launch in 2016. With the launch of the next-generation blockchain Neo N3 in 2021, Neo has decided to close the Neo Legacy network in 2025. The Neo Legacy testnet will be shut down on June 1, and the mainnet will be shut down on October 31. Users need to migrate their assets and smart contracts to Neo N3 before the shutdown, or they will be permanently lost.