Attention builders, investors, and innovators in the AI and crypto space! The opportunity you’ve been waiting for to position your brand at the forefront of the convergence between artificial intelligence and the digital asset world is closing fast. Bitcoin World Sessions: AI Week, running from June 1st to June 7th, is curating a series of dynamic Side Events, and tonight is your absolute last chance to apply to host one. Don’t miss this critical window to engage directly with a high-value audience interested in Bitcoin World Sessions AI and its implications. Why Host a Side Event During Bitcoin World Sessions AI Week? Side Events are where truly impactful connections are forged away from the main stage buzz. They offer a unique platform to delve deeper into specific topics, showcase your expertise, and connect with potential partners, investors, and customers in a more personal and controlled environment. This week, centered around TC Sessions: AI at UC Berkeley, presents an unparalleled opportunity to tap into a concentrated group of AI enthusiasts and professionals. Hosting a Side Event allows you to: Position your brand: Stand out within the bustling schedule of AI events . Shape conversations: Lead discussions on topics most relevant to your business or area of focus. Build relationships: Foster new partnerships and deals in a relaxed setting. Gain visibility: Benefit from promotional support from Bitcoin World. What Kind of Side Event Can You Host? The format is flexible, allowing you to tailor the experience to your brand and goals. Whether you envision an intimate roundtable, a hands-on workshop, a casual happy hour, or a focused meetup, a Side Event is your canvas. You control the agenda, the atmosphere, and the guest list (within guidelines), ensuring the conversation aligns perfectly with your objectives. Connect with over 1,000 AI investors, builders, and thought leaders, drawing from both the attendees of the main TC Sessions: AI event and the vibrant broader Berkeley tech ecosystem. This is a prime opportunity for targeted AI networking . Boosting Your Brand Visibility Hosting isn’t just about the event itself; it comes with valuable promotional perks designed to increase your brand visibility across Bitcoin World’s platforms. These include: A custom discount code for your network to attend relevant parts of the week. Promotion on the official Bitcoin World Sessions: AI agenda, website, and mobile app. Inclusion in relevant articles covering the week’s activities. Listing in attendee emails, reaching a targeted audience. These benefits help ensure your event is seen and attracts the right participants, maximizing your return on effort. Understanding the Guidelines (The Not-So-Fine Print) There is no fee to apply or host your Side Event. You manage all logistics, costs, and promotion for your specific gathering. However, there are a few key requirements to ensure cohesion with the overall week: Events must take place between June 1st and June 7th, 2024. Events on June 5th (the day of TC Sessions: AI main event) must start after 5:00 p.m. PT to avoid conflict. All attendees must be 18 years or older (or 21+ if alcoholic beverages are served). Events must be located in or around Berkeley, California. The Clock is Ticking: Apply Before the Deadline This is your final opportunity to secure a spot and host your own Side Event during this significant week for AI and technology. Engaging with the community through your own event is a powerful way to build connections and enhance your brand visibility within the AI landscape. Applying is free and straightforward. Don’t let this chance pass by. Make your mark at Bitcoin World Sessions: AI by hosting a memorable Side Event. The application window closes tonight, May 28th, at 11:59 p.m. PT. Summary: Don’t Miss Out Hosting a Side Event at Bitcoin World Sessions: AI Week offers an exceptional opportunity for targeted AI networking , significant brand visibility , and shaping key conversations within the AI community. With the deadline tonight, May 28th, at 11:59 p.m. PT, the time to act is now. Apply for free and position your brand directly in front of investors, builders, and thought leaders during one of the most anticipated AI events of the year. This is your final call to lead a Side Event and make a lasting impression. To learn more about the latest AI events and networking opportunities, explore our articles on key developments shaping AI features and institutional adoption.
A US bank is warning thousands of customers that their sensitive information may be at risk following an “administrative error.” In a new filing with the Office of the Maine Attorney General, Bluestone Bank says an error in late February led to the unauthorized disclosure of personal data belonging to 7,605 customers. According to the Bridgewater, Massachusetts-headquartered bank, personal and confidential information belonging to its customers was inadvertently sent to an unintended recipient on February 28th of this year. “The personal information that may have been accessed includes the data we have on file for you, such as your name, address, social security number, and account number(s).” Bluestone Bank says it has taken various steps to minimize the risk of potential harm to customers. “The individual who received the information has signed a Certificate of Destruction, confirming that all information was promptly and securely destroyed and no information was retained… We have further addressed this incident by reinforcing proper data handling procedures and mandating retraining on the appropriate management of customer data. In addition, we have evaluated and enhanced our existing protocols and controls to ensure this will not happen again.” To prevent possible misuse of personal information following the incident, Bluestone Bank is offering its customers a complimentary membership to an identity-monitoring service for one and a half years. Customers also have the choice of closing and reopening their bank accounts as a safety precaution. Bluestone Bank had $1.5 billion in total assets as of November of 2024. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post 7,605 Bank Customers Receive Urgent Data Breach Alerts After ‘Administrative Error’ Exposes Social Security Numbers, Names and Account Details appeared first on The Daily Hodl .
Former Goldman Sachs executive Raoul Pal says one Solana ( SOL ) competitor is his “favored child.” Pal tells his 1.1 million followers on the social media platform X that if he had to “have a favorite,” the layer-1 chain Sui ( SUI ) would look preferable to Solana. The Real Vision chief executive shares a chart comparing the SUI/USD price to the SOL/USD price, with SUI/USD looking like it’s on the cusp of breaking out of resistance. Source: Rekt Capital/X SUI is trading at $2.97 at time of writing. The 13th-ranked crypto asset by market cap is up more than 21% in the past day and nearly 41% in the past week. SOL is trading at $149.47 at time of writing. The sixth-ranked crypto asset by market cap is up more than 3.5% in the past 24 hours and more than 13% in the past week. Pal isn’t the only analyst bullish on the Solana rival: Last week, crypto trader Michaël van de Poppe told his 783,900 followers on the social media platform X that Sui is gaining adoption as a decentralized finance (DeFi) network, including for Bitcoin ( BTC ) staking and lending, referred to as Bitcoin DeFi (BTCfi). “Once the markets are turning back into an uptrend, the money will flow back into the ones that have shown strength. SUI is one of them. It’s a great spot to investigate SUI: BTCFi is quickly growing fast as 10% of TVL (Total Value Locked) going through SUI. DeFi on SUI is in the top six of all chains. Nearly $6 billion in trading volume on DeFi in the past month. I think it can do really well in the upcoming cycle.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ex-Goldman Sachs Executive Raoul Pal Favors One Surging Layer-1 Asset Over Solana (SOL) – Here’s Why appeared first on The Daily Hodl .
Coinbase has added the newly launched native asset of an on-chain social network to its listing roadmap. The exchange’s customers may soon be able to trade ZORA, the native asset of the Zora Network, a layer-2 protocol built on top of Ethereum ( ETH ). Explains the project’s website, “Zora’s mission is to make the internet valuable and free – that’s why we’re building a social network that makes tokenizing and trading posts easy, fun, and rewarding. Our Rewards enable creators and developers on Zora to earn from trading activity through two distinct reward systems: Trade Rewards and Market Rewards.” ZORA launched on Wednesday and is trading at $0.022 at time of writing. The 606th-ranked crypto asset by market cap is down around 20% since its launch but is up more than 3% in the past 24 hours. Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering rolling trading support for the asset in the near future. The roadmap was established in 2022 to increase transparency and reduce the possibility of investors frontrunning new trading support announcements. Coinbase CEO Brian Armstrong has previously said the exchange aims to list as many crypto assets as possible, as long as they meet the company’s standards. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Top US Crypto Exchange Coinbase Adds Brand-New On-Chain Social Media Altcoin to Listing Roadmap appeared first on The Daily Hodl .
In a move that continues to underscore the growing trend of institutional Bitcoin adoption , Nasdaq-listed medical technology company Semler Scientific (SMLR) has once again expanded its cryptocurrency reserves. This latest acquisition reinforces their explicit commitment to a robust corporate Bitcoin strategy , positioning Bitcoin as a primary asset for their Bitcoin treasury management . Semler Scientific Bitcoin: Expanding the Digital Reserve Semler Scientific, primarily known for its products used to assess arterial blood flow, has been making waves in the financial world since announcing its foray into Bitcoin in May 2024. The company’s chairman, Eric Semler, recently confirmed via a post on X that Semler Scientific acquired an additional 111 Bitcoins. This latest purchase cost approximately $10 million, further solidifying their position among publicly traded companies holding significant amounts of the leading cryptocurrency. This new acquisition brings Semler Scientific’s total Semler Scientific Bitcoin holdings to 3,303 BTC. The company has been steadily increasing its stash since its initial purchase, demonstrating a clear and consistent approach to accumulating the digital asset. Understanding Semler’s Corporate Bitcoin Strategy Unlike many companies that might hold a small amount of cryptocurrency as an experiment or for specific operational purposes, Semler Scientific has been explicit about its rationale. In their initial announcement regarding their first Bitcoin purchase, the company stated their belief that Bitcoin is a prudent treasury alternative to holding cash and that it has the potential to generate significant value over time. This isn’t just about holding Bitcoin; it’s about a defined corporate Bitcoin strategy where Bitcoin serves as a core component of their balance sheet and Bitcoin treasury management . Key aspects of this strategy likely include: Inflation Hedge: Using Bitcoin’s fixed supply to potentially preserve purchasing power against currency devaluation. Store of Value: Treating Bitcoin as digital gold, a long-term asset expected to retain or increase value. Potential for Appreciation: Acknowledging Bitcoin’s historical performance and future growth potential as a driver of overall treasury value. Diversification: Moving away from traditional, low-yield treasury assets like cash and short-term bonds. The company noted a 23.5% BTC yield year-to-date (YTD) at the time of the announcement, highlighting the potential short-term gains, although their stated strategy appears focused on the long term. Why Are Companies Pursuing Institutional Bitcoin Adoption? Semler Scientific’s move is part of a larger, accelerating trend of institutional Bitcoin adoption . While MicroStrategy remains the most prominent example, a growing number of corporations, financial institutions, and even sovereign nations are exploring or implementing strategies to hold Bitcoin. Several factors are driving this trend: Macroeconomic Environment: Persistent inflation concerns and low yields on traditional safe-haven assets make alternatives more attractive. Maturing Infrastructure: Improved custody solutions, regulatory clarity (in some regions), and the launch of spot Bitcoin ETFs in the U.S. have made it easier and safer for institutions to access Bitcoin. Increased Awareness and Acceptance: Bitcoin is increasingly viewed as a legitimate asset class rather than a fringe technology. Shareholder Demand: Some investors are actively seeking exposure to Bitcoin, and companies holding BTC can become attractive proxies. Semler’s commitment, especially from a company outside the traditional finance or tech sectors, signals how mainstream Bitcoin treasury management is becoming for diverse businesses. What Does Semler’s Strategy Mean for SMLR Stock? For investors, Semler Scientific’s significant Semler Scientific Bitcoin holdings transform the company into something of a hybrid investment. While its core business remains medical technology, the value of SMLR stock is now also significantly tied to the performance of Bitcoin. This can have several implications: Increased Volatility: The stock price may become more correlated with Bitcoin’s price movements, potentially leading to higher volatility than traditional medical technology stocks. Attracting New Investors: Bitcoin-focused investors looking for corporate exposure might view SMLR as an attractive option. Shareholder Sentiment: The success or failure of their corporate Bitcoin strategy could heavily influence investor confidence in management. Following their initial Bitcoin announcement in May, SMLR stock saw a significant price surge, indicating a positive initial reaction from the market to their pivot towards Bitcoin treasury management . Challenges and Considerations for Corporate Bitcoin Strategy While the potential benefits of institutional Bitcoin adoption are significant, companies adopting a corporate Bitcoin strategy must also navigate challenges: Price Volatility: Bitcoin’s price can fluctuate dramatically, impacting the balance sheet value and potentially leading to impairment charges under current accounting rules (though this is an evolving area). Security and Custody: Safely storing large amounts of Bitcoin requires specialized knowledge and secure custody solutions. Regulatory Landscape: The regulatory environment for cryptocurrencies is still developing globally, presenting potential uncertainties. Public Perception: While growing, acceptance of Bitcoin as a corporate asset is not universal, and some stakeholders may be skeptical. Semler Scientific’s continued accumulation suggests they are comfortable with these risks and see the long-term potential outweighing the short-term challenges. Looking Ahead: The Future of Bitcoin Treasury Management Semler Scientific’s repeated Bitcoin purchases are a strong indicator of their conviction in Bitcoin as a long-term treasury asset. Their actions contribute to the broader narrative of increasing institutional Bitcoin adoption and validate the concept of a dedicated corporate Bitcoin strategy . As more companies evaluate their treasury holdings in the face of macroeconomic shifts, Semler Scientific’s approach may serve as a case study. The success of their Semler Scientific Bitcoin strategy could encourage others to explore similar avenues for their own Bitcoin treasury management . Summary: Semler Scientific’s latest acquisition of 111 BTC, bringing their total to 3,303 BTC, highlights their firm commitment to a corporate Bitcoin strategy . This move is a significant data point in the accelerating trend of institutional Bitcoin adoption , demonstrating how companies are increasingly viewing Bitcoin as a core asset for Bitcoin treasury management . The performance of their Semler Scientific Bitcoin holdings will be closely watched, impacting perceptions of SMLR stock and potentially influencing other corporations considering similar strategies. To learn more about the latest Bitcoin market trends and institutional adoption, explore our articles on key developments shaping Bitcoin institutional adoption and corporate strategies.
DeFi Development Corp. aims to raise $1 billion by selling securities to purchase Solana (SOL) tokens over time. The firm has already raised $42 million for SOL acquisitions and plans
Geopolitical tensions and trade dynamics between major global powers like China and the United States often send ripples across financial markets, including the volatile world of cryptocurrency. Understanding these interactions is crucial for navigating market sentiment. Recent statements from Beijing regarding China US tariffs have added another layer to the complex relationship between the two nations, prompting market observers to assess the potential implications. What’s the Latest on China US Tariffs? According to a report based on information from Solid Intel on X, the Chinese Embassy recently stated that China and the U.S. are currently not engaged in any tariff discussions . This statement directly addresses speculation or potential confusion surrounding ongoing trade dialogue between the two economic giants. Furthermore, the embassy urged the United States to cease creating confusion regarding the status of these talks. This highlights a desire from the Chinese side for clear communication and a definitive stance on trade policy matters. The denial comes amidst persistent underlying tensions that have characterized China US trade relations for several years. While official high-level meetings do occur, the specific issue of tariffs, imposed during previous trade disputes, remains a significant point of contention and negotiation. A Look Back: The Context of US China Trade Talks To fully grasp the significance of China’s recent statement, it’s helpful to revisit the history of US China trade talks . The late 2010s saw a significant escalation in trade tensions, leading to tit-for-tat tariff impositions by both countries on hundreds of billions of dollars worth of goods. These actions disrupted supply chains, impacted various industries, and created considerable global trade uncertainty . While a “Phase One” trade deal was signed in early 2020, it left many of the original tariffs in place and addressed only some structural issues. Since then, discussions have been sporadic, and a comprehensive resolution to the tariff situation has remained elusive. The tariffs continue to affect businesses and consumers in both countries, making any news about potential talks or lack thereof highly relevant to market expectations. Key aspects of the historical trade tensions include: Tariff Impositions: Broad tariffs placed on goods ranging from electronics and machinery to agricultural products. Focus Areas: Disputes over intellectual property rights, forced technology transfer, trade imbalances, and state subsidies for industries. Market Volatility: Periods of intense trade negotiations or escalations often correlated with increased volatility in global stock markets and commodity prices. Why Does This Matter for Global Markets and Crypto? The state of China US trade relations is a major factor influencing global economic outlook and market sentiment. When the two largest economies are at odds over trade, it creates uncertainty that can dampen investment, disrupt international commerce, and slow economic growth. This uncertainty doesn’t stay confined to traditional markets; it often spills over into the cryptocurrency space. Here’s how developments in US-China trade can impact crypto: Risk Sentiment: Increased trade tensions or lack of clarity can heighten risk aversion among investors. In such environments, some investors may move away from perceived riskier assets, which can include cryptocurrencies, potentially leading to price drops. Conversely, de-escalation could boost overall market confidence, benefiting crypto. Macroeconomic Impact: Trade disputes can affect inflation, economic growth rates, and central bank policies. These macroeconomic factors have a significant influence on the crypto market’s performance. Currency Dynamics: Trade policies can impact currency exchange rates, which in turn can influence international flows of capital relevant to crypto markets. Supply Chain Effects: For cryptocurrencies tied to specific industries or supply chains (though less common for major ones like Bitcoin or Ethereum), direct impacts from tariff changes are possible. The denial of ongoing tariff discussions , while seemingly straightforward, could be interpreted in different ways by the market. It could mean that significant progress is not being made, potentially prolonging the period of uncertainty regarding China US tariffs . Or, it could simply be a clarification against specific rumors, without ruling out future talks. The call for the U.S. to stop creating confusion suggests there may have been conflicting signals or reports circulating, which only adds to the existing global trade uncertainty . Navigating Uncertainty: Actionable Insights for Crypto Holders Given the ongoing potential for market shifts influenced by geopolitical factors like US China trade talks , what steps can those in the crypto market consider? Here are some actionable insights: Stay Informed: Keep track of major geopolitical and economic news, particularly concerning China US trade relations . Understand that these events can have ripple effects on market sentiment. Assess Your Risk Tolerance: Recognize that external factors contribute to crypto market volatility. Ensure your investment strategy aligns with your comfort level regarding potential price swings driven by macro events. Diversification: Consider diversifying your portfolio not just within crypto assets but also potentially across different asset classes, depending on your overall financial strategy. Long-Term Perspective: For long-term holders, short-term volatility driven by geopolitical news might be less concerning than fundamental developments in the crypto space. Maintain focus on your long-term goals. Avoid Panic Reactions: News headlines can trigger emotional responses. Make investment decisions based on careful analysis rather than immediate reactions to breaking news about things like tariff discussions or denials thereof. The current situation underscores that despite the decentralized nature of many cryptocurrencies, the market is not immune to the forces shaping the traditional global economy. The interplay between major economic powers and the resulting global trade uncertainty remains a key factor for investors to monitor. Conclusion: Clarity Sought Amidst Ongoing Trade Tensions The statement from the Chinese Embassy, denying current tariff discussions with the U.S. and urging an end to confusion, serves as a fresh data point in the ongoing narrative of China US trade relations . It highlights the lack of active, high-level talks specifically focused on resolving the tariff issue at this moment and points to potential miscommunication or differing interpretations of the situation between the two countries. For market participants, this means the cloud of global trade uncertainty related to these tariffs persists. While not a direct crypto news item, the state of US China trade talks is a critical component of the broader macroeconomic landscape that influences investor sentiment and capital flows, ultimately impacting the crypto market’s dynamics. Staying informed about these significant geopolitical developments is essential for anyone navigating the complexities of today’s interconnected financial world. To learn more about the latest crypto market trends and how global events shape institutional adoption, explore our article on key developments shaping Bitcoin price action.
Bitcoin rallies above $95,000 as bullish catalysts trigger heightened trading activity, sparking fresh interest among institutional investors. The resurgence in prices suggests a potential shift in marketplace dynamics, enhancing optimism
Key points: Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000. Institutional investor demand is back, suggesting that the bearish trend could be over. Select altcoins could break above their respective overhead resistance levels if Bitcoin remains strong Bitcoin ( BTC ) bulls are trying to sustain the price above $95,000, but they are likely to face significant resistance from the bears. Will buyers succeed in pushing the price toward the psychologically important level of $100,000, or is a pullback around the corner? That is the big question on the traders’ minds. A positive sign is that inflows for US spot Bitcoin exchange-traded funds have increased since April 21, per Farside Investors data. Coinbase Institutional head of strategy John D’Agostino said in a recent interview with CNBC that several institutions purchased Bitcoin in April to hedge against currency inflation and macro uncertainty as Bitcoin mirrors “the characteristics of gold. Crypto market data daily view. Source: Coin360 However, some analysts doubt the sustainability of the current Bitcoin rally. One of the red flags is that the sentiment , as measured by the Crypto Fear & Greed Index, slipped from a score of 72 out of 100 on April 23 to 60 on April 25, though Bitcoin is trading close to $95,000. Select analysts expect Bitcoin to pullback toward $87,000 . Could Bitcoin sustain above $95,000, triggering buying in altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out. Bitcoin price prediction Bitcoin has been trading near the $95,000 level, suggesting that the bulls are holding on to their positions as they anticipate a move higher. BTC/USDT daily chart. Source: Cointelegraph/TradingView The 20-day exponential moving average ($87,437) is sloping up, and the relative strength index (RSI) is near the overbought zone, signaling that the bulls are in command. A close above $95,000 could drive the BTC/USDT pair to $100,000. Sellers will try to halt the up move at $100,000, but if the bulls do not allow the price to dip below $95,000, the prospects of a break above the overhead resistance increase. The pair may then climb to $107,000. The bears will have to yank the price below the moving averages to regain control. Ether price prediction Ether’s ( ETH ) relief rally is facing resistance at the 50-day SMA ($1,812), but a positive sign is that the bulls have not allowed the price to dip below the 20-day EMA ($1,696). ETH/USDT daily chart. Source: Cointelegraph/TradingView The 20-day EMA is flattish, but the RSI has jumped into the positive zone, signaling a slight advantage to the bulls. If the 50-day SMA is scaled, the ETH/USDT pair could reach the breakdown level of $2,111. The bears may pose a strong challenge at $2,111, but if the bulls overcome it, the pair could skyrocket to $2,550. Sellers are likely to have other plans. They will try to pull the price below the 20-day EMA. If they can pull it off, the pair could tumble toward $1,537. XRP price prediction XRP ( XRP ) has been trading near the 50-day SMA ($2.18) for the past two days, indicating that the bears are fiercely defending the level. XRP/USDT daily chart. Source: Cointelegraph/TradingView A minor positive for the bulls is that they have not allowed the price to skid below the 20-day EMA ($2.13). The bulls will again try to propel the XRP/USDT pair to the resistance line, which is a critical level to watch out for. The pair could rally to $3 if buyers pierce the resistance line. On the downside, a break and close below the 20-day EMA suggests that the bears remain in charge. The downside momentum could pick up on a break below $2. The pair may then plummet to $1.60. BNB price prediction BNB ( BNB ) turned down from $620 but is taking support at the moving averages. This suggests a change in sentiment from selling on rallies to buying on dips. BNB/USDT daily chart. Source: Cointelegraph/TradingView Buyers will try to push the price above $620. If they manage to do that, the BNB/USDT pair may rally to $644. Sellers will try to stall the up move at the $644 level, but if the bulls prevail, the pair could soar to $680. This bullish view will be invalidated in the near term if the price turns down and breaks below the moving averages. That could sink the pair to $566, indicating that the markets have rejected the breakout above the downtrend line. Solana price prediction Solana ( SOL ) is struggling to stay above the $153 level, indicating that the bears are active at higher levels. SOL/USDT daily chart. Source: Cointelegraph/TradingView The upsloping 20-day EMA ($136) and the RSI in the positive zone indicate that the bulls are in control. If buyers push and maintain the price above $153, the SOL/USDT pair could jump to $180. The moving averages are the crucial support on the downside. A break and close below the 50-day SMA ($129) suggests that the pair could consolidate between $153 and $110 for a few days. Dogecoin price prediction Dogecoin ( DOGE ) bounced off the 20-day EMA ($0.16) on April 24, indicating that the bulls are buying on dips. DOGE/USDT daily chart. Source: Cointelegraph/TradingView The DOGE/USDT pair could reach $0.21, which is a crucial resistance to watch out for. If buyers pierce the $0.21 level, the pair will complete a double-bottom pattern. This bullish setup has a target objective of $0.28. Contrarily, if the price turns down and breaks below the moving averages, the pair may remain range-bound between $0.21 and $0.14 for a while. The advantage will tilt in favor of the bears on a break below the $0.14 support. Cardano price prediction Cardano ( ADA ) closed above the 50-day SMA ($0.68) on April 23, signaling that the bears are losing their grip. ADA/USDT daily chart. Source: Cointelegraph/TradingView The 20-day EMA ($0.65) has started to turn up, and the RSI is in the positive zone, suggesting that the path of least resistance is to the upside. The ADA/USDT pair could rally to $0.83, where the bears may step in. Any pullback is expected to find support at the 20-day EMA. If the price rebounds off the 20-day EMA, it signals a bullish sentiment. Sellers will have to drag the price below the 20-day EMA to sink the pair to $0.58. Related: SUI's 73% weekly price gains top crypto market — New price record in reach? Sui price prediction Sui ( SUI ) picked up momentum after buyers pushed the price above the moving averages on April 22. SUI/USDT daily chart. Source: Cointelegraph/TradingView The rally of the past few days has pushed the RSI into the overbought territory, suggesting a minor consolidation or correction in the next few days. Any pullback is expected to find support in the zone between the 38.2% Fibonacci retracement level of $3.14 and the 50% retracement of $2.94. A shallow pullback increases the possibility of a rally to $4.25 and then to $5. Sellers will be back in the driver’s seat if they pull the SUI/USDT pair below $2.86. Chainlink price prediction Chainlink ( LINK ) has started a recovery, which is expected to face strong selling at the overhead resistance of $16. LINK/USDT daily chart. Source: Cointelegraph/TradingView If the price turns down from $16, it is expected to find support at the 20-day EMA ($13.53). A solid bounce off the 20-day EMA increases the likelihood of a break above $16. The LINK/USDT pair may then climb to the resistance line of the descending channel pattern. A break above the channel signals a potential trend change. Sellers will have to tug the price below the moving averages to regain control. The pair may then drop to $11.89 and eventually to the support line. Avalanche price prediction Avalanche ( AVAX ) is facing resistance at the overhead resistance of $23.50, but a positive sign is that the bulls have not ceded much ground to the bears. AVAX/USDT daily chart. Source: Cointelegraph/TradingView The 20-day EMA ($20.22) has started to turn up, and the RSI is in the positive territory, indicating that buyers have the edge. If the price breaks and closes above $23.50, the AVAX/USDT pair will complete a double-bottom pattern. That could open the doors for a rally to the pattern target of $31.73. Alternatively, if the price turns down and breaks below the moving averages, the pair could remain stuck inside the $23.50 to $15.27 range for a few days. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Metaplanet plans to reach 10,000 Bitcoin by 2025. The company has successfully acquired 5,000 Bitcoin in total. Continue Reading: Metaplanet Moves Closer to 10,000 Bitcoin Milestone The post Metaplanet Moves Closer to 10,000 Bitcoin Milestone appeared first on COINTURK NEWS .