COINOTAG News, March 6th – Recent data from OnchainLens reveals that Circle has successfully minted an impressive $250 million USDC on the Solana network. This significant issuance highlights the growing
XRP price started a fresh recovery wave from the $2.20 zone. The price is now rising and might clear the $2.550 resistance zone. XRP price started a decent upward move from the $2.20 support zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.550 resistance zone. XRP Price Faces Resistance XRP price started a fresh decline below the $2.80 zone, like Bitcoin and Ethereum . The price dipped below the $2.60 and $2.50 levels. The bears were able to push the price below $2.25. Finally, the bulls appeared near the $2.20 support zone. A base is forming and the price is now recovering losses above $2.30. There was a move above the 23.6% Fib retracement level of the downward move from the $3.00 swing high to the $2.211 low. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.480 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.550 level. The first major resistance is near the $2.60 level. The next resistance is $2.70 or the 61.8% Fib retracement level of the downward move from the $3.00 swing high to the $2.211 low. A clear move above the $2.70 resistance might send the price toward the $2.80 resistance. Any more gains might send the price toward the $2.880 resistance or even $2.920 in the near term. The next major hurdle for the bulls might be $3.00. Another Decline? If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.480 level and the trend line. The next major support is near the $2.40 level. If there is a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.40 and $2.320. Major Resistance Levels – $2.550 and $2.70.
Bitcoin struggles to surpass the $92,000 resistance level. Whale transactions have decreased by approximately 30% recently. Continue Reading: Bitcoin Struggles to Surpass $92,000 as Whale Activity Declines The post Bitcoin Struggles to Surpass $92,000 as Whale Activity Declines appeared first on COINTURK NEWS .
The post Crypto News: Cardano’s Hoskinson Snubbed for White House Crypto Summit, Ripple CEO on the List appeared first on Coinpedia Fintech News Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve. Several key figures in the industry, including members of former President Donald Trump’s crypto task force, are expected to attend. However, as the guest list has started to take shape, one notable name is missing: Cardano co-founder Charles Hoskinson. According to Unchained, a White House source confirmed that Hoskinson was not invited to the summit, nor has Cardano been involved in any policy discussions or meetings with the administration. “They are running around town trying to push their own sort of narrative. They are not involved in anything about trying to influence policy and they are not invited to Friday’s summit,” the White House source told Unchained. Hoskinson’s absence is particularly surprising given recent comments from President Trump. On Sunday, Trump mentioned that Cardano’s ADA, would be part of a crypto reserve, which led many to expect Hoskinson’s attendance at the event. Confirmed Guests for the Summit Despite the exclusion of Hoskinson, several high-profile crypto industry leaders will be in attendance. The confirmed guest list includes: Brad Garlinghouse – CEO of Ripple Michael Saylor – Founder of MicroStrategy David Bailey – CEO of Bitcoin Magazine Matt Huang – Co-founder of Paradigm JP Richardson – CEO of Exodus Kyle Samani – Managing Partner at Multicoin Capital Zach Witkoff – Co-founder of World Liberty Financial Sergey Nazarov – Co-founder of Chainlink Brian Armstrong – CEO of Coinbase Vlad Tenev – CEO of Robinhood Arjun Sethi – CEO of Kraken Kris Marszalek – CEO of Crypto.com Hoskinson had previously hinted that he might attend a fundraising dinner for the pro-crypto PAC MAGA Inc., but the White House confirmed that he was not invited to that event either. Key Focus of the Summit The summit is set to run from 1:30 p.m. to 5 p.m. ET on March 7 and will be led by David Sacks, President Trump’s appointed AI and crypto czar. One of the main points of discussion will be the handling of Bitcoin and other cryptocurrencies. Commerce Secretary Howard Lutnick stated in a recent interview that Bitcoin would be treated differently than other altcoins, as it is a significant part of President Trump’s crypto strategy.
New Hampshire is poised to make history as it advances a significant Bitcoin reserve bill that could reshape its financial landscape. This bill, officially known as House Bill 302, aims
Bitcoin remains the gold standard of crypto, but new contenders are emerging. XRP and Solana have established themselves as major players, yet OFFICIALMAGACOIN is now capturing attention. With rapid presale success and a growing investor base, could it outperform these giants? Analysts are weighing in on its potential. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! Altcoins with Potential for 50,000% Growth While established cryptocurrencies like Solana (SOL) and XRP have shown resilience, emerging altcoins present opportunities for exponential gains. Here are five altcoins to watch: OFFICIALMAGACOIN: With a presale price of $0.0002165, OFFICIALMAGACOIN has garnered significant investor interest, raising over $4.2 million. Analysts project a potential surge to $1 by 2025, representing a remarkable growth opportunity. Polygon (MATIC): Currently trading at $0.279199, Polygon offers a scalable solution for Ethereum, attracting numerous decentralized applications. Solana (SOL): Valued at $139.64, Solana is known for its high-speed transactions and low fees, making it a strong contender in the blockchain space. Sei (SEI): At $0.263164, Sei is a newer entrant focusing on providing a decentralized trading platform with high throughput. Aptos (APT): Priced at $6.26, Aptos aims to deliver a safe and scalable Layer 1 blockchain, emphasizing user experience and security. Comparative Snapshot Cryptocurrency Current Price Growth Potential OFFICIALMAGACOIN $0.0002165 High Polygon (MATIC) $0.279199 Moderate Solana (SOL) $139.64 Moderate Sei (SEI) $0.263164 Moderate Aptos (APT) $6.26 Moderate Why OFFICIALMAGACOIN Stands Out Record-Breaking Presale: Surpassing $4.2 million, reflecting strong market trust. Strategic Positioning: Poised to capitalize on current market trends and investor sentiment. Exclusive Bonuses: Early participants can leverage the MAGA50X code for a 50% bonus on investments. DON’T MISS OUT ON THIS OPPORTUNITY—INVEST IN OFFICIALMAGACOIN TODAY! As the crypto landscape evolves, while established players like Solana and XRP prepare for potential surges, OFFICIALMAGACOIN presents a compelling case for investors aiming to capitalize on emerging opportunities with high growth potential. Visit: OFFICIALMAGACOIN.IO X/Twitter: https://x.com/officialMAGAx Continue Reading: Will OFFICIALMAGACOIN Surpass XRP and SOLANA? Experts Share Their Insights!
New Hampshire’s Bitcoin bill will now be voted on in the House after its House commerce committee voted in favor of the bill in a 16-1 vote.
Federal Prosecutor Eduardo Taiano, who is currently probing President Javier Milei’s alleged involvement in “Libragate,” is also seeking recovery of his deleted social media posts.
Kate Cooper, the newly-installed CEO of OKX’s Australian arm, says regulatory clarity is still needed to spur institutional crypto adoption.
BioNexus Gene Lab Corporation has made a groundbreaking decision to prioritize Ethereum over Bitcoin as its primary corporate treasury asset, viewing it as a future-forward financial instrument. This strategic shift