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Onyxcoin (XCN) is experiencing a price surge fueled by institutional confidence. Its Smart Money Index and MACD indicator signal bullish momentum. If the trend continues, traders anticipate the token could reach $0.03.
AI-themed meme coins are gaining momentum with ai16z leading the charge. With strong rallies from GOAT and TURBO, these tokens show potential, but resistance levels must be breached for sustained growth.
Bitcoin's recent options expiry and market activity indicate strong expectations of a $100K breakout, with traders focusing on higher strike prices for May. While bullish sentiment grows, caution remains due to external market risks like the tariff war and inflation concerns.
ARK Invest has significantly raised its Bitcoin price projections for 2030, now forecasting up to $2.4 million per coin. This bullish outlook is supported by factors like institutional investments, Bitcoin’s role as digital gold, and increasing corporate adoption.
Ethereum's recovery effort is under pressure as short-term holders look to sell for profits. Despite recent gains, a breakout toward $2,000 remains unlikely unless sustained support emerges.
XRP’s recent price rally is overshadowed by overvaluation concerns, with its NVT ratio reaching a 5-year high. Despite a breakout attempt, the altcoin faces challenges in sustaining momentum, with a possible correction ahead.
Stacks (STX) has seen impressive gains, but traders' preference for short positions and an overbought RSI indicate a potential downturn. Still, strong demand could keep the rally going.
- 21:55Citi estimates stablecoins will drive widespread blockchain adoption, reaching a $3.7 trillion marketCiti predicts that 2025 could become a turning point for blockchain adoption, primarily due to the development of stablecoins. The report indicates that the stablecoin market size is expected to grow from the current $230 billion to between $1.6 trillion and $3.7 trillion by 2030. This growth is largely attributed to the United States' proactive regulation of digital assets and a stable market environment, which will facilitate their further integration into the financial system, increase payment speed, enhance transparency, and optimize asset settlement. Additionally, stablecoin issuers are expected to become major buyers of U.S. Treasury bonds, with holdings projected to reach $1.2 trillion, potentially surpassing all foreign sovereign holders. However, the report also highlights risks, such as stablecoins de-pegging nearly 1,900 times in 2023, with large-scale redemptions under extreme circumstances potentially disrupting the liquidity of the crypto market and impacting financial markets.
- 21:54U.S. Judge Blocks Trump's Attempt to Abolish Federal Employees' Collective Bargaining RightsA U.S. federal judge has temporarily blocked Trump's attempt to abolish federal employees' collective bargaining rights. The National Treasury Employees Union stated that Trump's executive order to revoke collective bargaining agreements for federal departments relieved more than a dozen federal agencies of the obligation to negotiate with unions, violating federal employees' labor rights and the United States Constitution.
- 21:54SOL Falls Below 150 USDTMarket data shows that SOL has fallen below 150 USDT, currently reported at 149.99 USDT, with a 24-hour drop of 0.4%.