Big news from the world of Tether ! Paolo Ardoino, the CEO of Tether, recently shared an exciting update on X, signaling a significant step forward for user empowerment and mass adoption in the crypto space. He announced that Tether is actively testing a template for its Non-custodial wallet Development Kit (WDK). This isn’t just another software tool; it’s designed with ambitious goals: making crypto wallets accessible, seamless, and truly controlled by the user, potentially supporting an unprecedented scale. Understanding the Significance of a Non-Custodial Wallet Before diving into the specifics of Tether’s WDK, let’s clarify why a Non-custodial wallet is such a big deal. In simple terms, a custodial wallet is like a bank account – a third party (the custodian) holds your private keys, which are the actual proof of ownership of your crypto assets. You trust them to keep your funds safe and accessible. A non-custodial wallet, on the other hand, puts the power entirely in your hands. You hold the private keys. This means you have absolute control over your funds. The mantra is ‘not your keys, not your crypto.’ While this offers unparalleled sovereignty and security from third-party risk, it also comes with the responsibility of safeguarding your keys diligently. What Makes Tether’s WDK Stand Out? Paolo Ardoino highlighted several key features of the WDK template currently under testing. These features address some of the major pain points users and developers face with existing Crypto wallet solutions: Seamless User Experience: The goal is to make interacting with crypto as easy as using traditional online services. This means simplifying complex processes often associated with blockchain transactions. Gasless Transactions: Transaction fees (gas fees) can be a barrier, especially for small transactions or in networks with high activity. A gasless model removes this hurdle, making micro-transactions and everyday use more viable. While the underlying mechanism isn’t fully detailed yet, it likely involves meta-transactions or sponsored transactions where a third party covers the gas. No API Key Requirement: For developers building applications that integrate with wallets, requiring API keys adds a layer of complexity and potential points of failure or restriction. Removing this simplifies the Blockchain development process significantly, making it easier for anyone to build on top of this wallet technology. Full User Control: This reinforces the core principle of non-custodial wallets – users retain complete ownership and control over their private keys and, therefore, their funds. The Power of Open-Source and Mass Adoption Perhaps one of the most impactful aspects of Ardoino’s announcement is the intention to release the WDK as open-source. Open-source software allows anyone to view, audit, contribute to, and build upon the code. This fosters transparency, security through community review, and rapid innovation. For a critical piece of infrastructure like a wallet development kit, being open-source builds trust and encourages widespread adoption by the developer community. The ambitious target of supporting up to 1 trillion new wallets is staggering. It suggests Tether isn’t just thinking about the current crypto user base but aiming for true global adoption. This scale would require robust, efficient, and highly accessible technology – precisely what the WDK seems designed to facilitate. Imagine a future where every internet user could easily and securely hold and transact USDT or other assets via a simple, non-custodial wallet built using this kit. What Does This Mean for Developers and the Ecosystem? For developers, this WDK could be a game-changer. Building a secure, user-friendly, non-custodial wallet from scratch is a complex task. Providing a robust, open-source template significantly lowers the barrier to entry for creating new wallet applications, integrated payment systems, or decentralized applications (dApps) that require wallet functionality. This could lead to an explosion of innovation within the ecosystem, particularly around assets like USDT . The focus on gasless transactions and no API keys simplifies the technical lift required for integrating wallet features into various platforms, from mobile apps to web services. This acceleration in Blockchain development could attract a new wave of developers who might have previously found the space too daunting. How Could This Impact Users? Ultimately, the goal of a WDK is to benefit the end-user. If successful, Tether’s initiative could lead to: Easier Onboarding: Simpler wallet creation and management processes. Lower Costs: Gasless transactions reduce or eliminate network fees for users. Enhanced Security: Full control over private keys reduces reliance on third-party custodians. (Note: Users must still be responsible for key management). Wider Availability: More applications and services integrating easy-to-use crypto wallets. This initiative aligns with the broader push towards making crypto more accessible and practical for everyday use, moving beyond speculation to utility. Are There Potential Challenges? While the potential is immense, it’s important to consider potential challenges. Non-custodial wallets place the burden of security squarely on the user. Losing private keys means losing access to funds forever. WDKs need robust mechanisms and educational components to help users manage this responsibility. Furthermore, achieving the ‘seamless’ experience while maintaining non-custodial security is a technical challenge that requires careful design and implementation. Competition in the wallet space is also intense, with many established and emerging solutions. Tether’s success will depend on the quality of the WDK, the ease of its use for developers, and the adoption rate of the wallets built upon it. Looking Ahead: A Future with 1 Trillion Wallets? The vision of 1 trillion wallets is ambitious but speaks to the potential scale of blockchain technology. By providing fundamental tools for developers, Tether is attempting to build the infrastructure necessary to support such growth. The open-source nature is key here, inviting the global developer community to contribute to building this future. This move positions Tether not just as the issuer of the dominant stablecoin, USDT , but as a significant player in developing core infrastructure for the wider crypto ecosystem. It’s a bold step towards lowering the barriers to entry for both developers engaged in Blockchain development and everyday users interacting with digital assets. Summary Tether’s announcement of testing a Non-custodial wallet Development Kit is a pivotal moment. With features like gasless transactions, no API keys, and a commitment to being open-source, the WDK aims to simplify Crypto wallet creation and use. This initiative, championed by CEO Paolo Ardoino, has the potential to significantly accelerate Blockchain development and pave the way for mass adoption, perhaps even reaching the ambitious goal of supporting 1 trillion wallets holding assets like USDT . While challenges remain, particularly around user education and security, this development is a powerful step towards a more accessible and user-controlled digital asset future. To learn more about the latest Crypto wallet trends, explore our article on key developments shaping Blockchain development for mass adoption.
Onyxcoin (XCN) surges 5.4% amidst increasing trading volume, driven by positive technical indicators and a potential bullish trend. Despite the bullish outlook, XCN faces significant resistance and market volatility that
Price Falls Below Resistance Despite Initial Rally Mantra (OM) initially reacted well to May 9 recovery efforts, hitting an intraday high of $0.3923 during a general rally in the cryptocurrency market. The optimism was, however, short-lived. The token suddenly changed direction, closing the day at $0.3667 — down by 2.09% and erasing earlier gains. OM’s failure to break the $0.4 resistance level is further proof of continued technical weakness . The token is trading below its 10-day and 20-day simple moving averages of $0.406 and $0.4666, respectively. Until OM recovers and stays above those significant moving averages, the general trend remains bearish. Collapse Fallout Still Haunts OM The recent price fall follows weeks of steady decline following OM’s breathtaking 95% collapse on April 13. That drop, which wiped out nearly all of Mantra’s market capitalization, still casts a shadow over the market. The Mantra team initially blamed the collapse on exchanges’ mismanagement of liquidity. But blockchain sleuths like analysts Choze and Onchain Lens have pointed to huge transfers of funds from Mantra wallets to exchanges in the days leading up to the collapse — raising suspicions of insider selling. Supply Centralization Raises Red Flags Doubts regarding token distribution have only been encouraged. Up to 90% of OM’s entire supply can potentially be held by the Mantra team, and thus they have significant sway over the token’s market behavior, as revealed by Onchain Lens. In an attempt to restore trust, CEO John Mullin has promised to burn 150 million staked OM — about 9% of the circulating supply. While the action is symbolic, most investors find it too little without greater transparency and accountability. Until Mantra addresses the growing concern from its community, OM’s price reversal will be elusive.
Are you looking for new trading opportunities in the fast-paced world of cryptocurrencies? Get ready, because Bybit has just expanded its offerings, bringing a fresh option for traders seeking exposure to emerging assets. The popular crypto exchange recently made an announcement that’s catching the eye of many in the trading community. They’ve officially listed the DOOD/USDT perpetual contract , opening up possibilities for traders to speculate on the price movements of the DOOD coin against USDT. What Does the New Bybit Listing Mean for Traders? This new Bybit listing is significant because it introduces a new trading pair with specific features designed for experienced market participants. Perpetual contracts are a type of derivative that allows traders to speculate on the price of an asset without actually owning it. Unlike traditional futures contracts, they don’t have an expiry date, making them flexible for long-term positions or short-term trading strategies. The addition of the DOOD/USDT pair means you can now take long or short positions on the potential future price of the DOOD coin directly on the Bybit platform. Why Consider Trading the DOOD/USDT Perpetual Contract? Trading a Bybit perpetual contract like DOOD/USDT comes with several potential benefits: Flexibility: As mentioned, no expiry date means you can hold positions for as long as you wish, provided you manage margin requirements. Liquidity: Bybit is a major exchange, and perpetual contracts often see high trading volume, which can contribute to better execution prices. Opportunity in Volatility: The crypto market, including potentially the DOOD coin , is known for its volatility. Perpetual contracts allow traders to potentially profit from both upward and downward price swings. Access: Provides a way to gain exposure to the price action of DOOD without needing to hold the underlying asset directly. This new pair adds another tool to the arsenal of traders using Bybit. Understanding Crypto Leverage Trading on Bybit One of the key features of the new DOOD/USDT perpetual contract is the availability of crypto leverage trading . Bybit is offering up to 12.5x leverage for this specific contract. What does 12.5x leverage mean? Essentially, it allows you to control a position worth 12.5 times the amount of capital you put down as margin. For example, with $100 of your own capital, you could open a position worth $1250. This can significantly amplify potential profits from small price movements. However, it’s crucial to understand that leverage is a double-edged sword. While it magnifies gains, it also magnifies losses. A small adverse price movement can lead to a significant loss, potentially resulting in liquidation where your entire margin is lost. Key aspects of leverage: Amplified Potential: Higher leverage can lead to larger profits on successful trades. Increased Risk: Higher leverage also increases the risk of rapid and substantial losses. Margin Requirements: You need to maintain a minimum margin level to keep your position open. Falling below this level can trigger liquidation. Funding Rates: Perpetual contracts involve funding rates exchanged between long and short position holders, which can impact the cost of holding a position, especially with leverage. Before engaging in crypto leverage trading , especially with 12.5x leverage, ensure you have a solid understanding of how it works and the risks involved. Start with smaller amounts and lower leverage if you are new to it. How to Trade the DOOD Coin on Bybit Using the New Contract If you’re interested in trading the DOOD coin via the new Bybit perpetual contract , here’s a basic actionable insight: Ensure You Have a Bybit Account: If not, you’ll need to register and complete the necessary verification. Deposit USDT: Fund your derivatives wallet with USDT, as this is the quote currency for the pair. Navigate to the Trading Pair: Find the DOOD/USDT perpetual contract on the Bybit trading interface. Choose Your Leverage: Select the desired leverage level, up to 12.5x. Remember the risks associated with higher leverage. Place Your Order: Decide whether to go long (expecting the price to rise) or short (expecting the price to fall). Choose your order type (e.g., Limit, Market) and position size. Manage Your Position: Monitor the market closely. Use tools like Stop-Loss and Take-Profit orders to manage risk and secure potential gains. Trading the DOOD USDT pair requires diligence and risk management, just like any other leveraged product. Challenges and Considerations While the new Bybit listing of the DOOD/USDT perpetual contract offers exciting potential, it’s important to be aware of the challenges: Market Volatility: Cryptocurrencies are inherently volatile. Sudden price swings can lead to quick losses, especially with leverage. Liquidation Risk: Using leverage significantly increases the risk of your position being liquidated if the market moves against you. Funding Rates: Holding perpetual contract positions incurs funding fees, which can eat into profits or increase costs over time, depending on the market direction and your position. Understanding DOOD Coin: Research the underlying asset (DOOD coin) itself. Understand its use case, market cap, community, and factors that might influence its price. Responsible crypto leverage trading involves careful consideration of these factors and implementing strict risk management strategies. Conclusion: Exploring the DOOD USDT Opportunity on Bybit The addition of the DOOD/USDT perpetual contract to Bybit’s platform provides traders with a new avenue to gain exposure to the DOOD coin with the flexibility and potential amplification offered by leverage. This Bybit listing is a notable event for those following new trading pair introductions. Whether you are an experienced trader looking for new opportunities or exploring different markets, the DOOD USDT contract on Bybit is now available. However, always remember that crypto leverage trading is high-risk. Conduct thorough research, understand the mechanics of perpetual contracts and leverage, and employ robust risk management techniques before committing capital. This new contract offers an exciting potential opportunity, but one that requires informed decision-making and caution. To learn more about the latest crypto market trends, explore our article on key developments shaping crypto price action.
The crypto exchange Coinbase has officially rolled out 24/7 trading for Bitcoin and Ethereum futures, becoming the first CFTC-regulated platform to offer U.S. customers round-the-clock access to these contracts. Coinbase 24/7 BTC, ETH Futures Trading Goes Live In an official blog post , Coinbase announced this huge milestone in the regulated U.S. derivatives market. Starting from May 9, 2025, both retail and institutional users will have access to 24-hour trading for Bitcoin (BTC) and Ethereum (ETH) futures for the first time on a CFTC-regulated exchange. Coinbase, which went public in 2021, first announced the service in March, “in response to strong demand from crypto-native traders,” the firm stated at the time. The San Francisco-headquartered crypto exchange’s new 24/7 trading feature will let clients properly “manage risk” by responding “to price movements and market events in real time, including weekends.” Coinbase said it has teamed up with CFTC-regulated clearinghouse Nodal Clear to launch the service. “Extending futures trading to a 24/7 cycle is a fundamental evolution in market structure and one that requires robust risk management around the clock,” Nodal Clear’s Chairman and CEO, Paul Cusenza, opined. According to the blog, trading access is available via futures commission merchants(FCMs), such as ABN AMRO, Wedbush Securities, and Coinbase Financial Markets. “The arrival of 24/7 CFTC-regulated markets is a game-changer for the industry,” quipped Andy Sears, CEO of Coinbase Financial Markets. Coinbase’s 24/7 futures contract trading comes a day after the American exchange announced it would buy Dubai-based options trading platform Deribit for a staggering $2.9 billion in the crypto industry’s largest corporate acquisition to date. As per the deal, the total price will be $700 million in cash and 11 million shares of Coinbase Class A common stock. The deal reflects rising competition among digital asset exchanges, including Coinbase and Kraken , to dominate the highly profitable crypto derivatives market. The acquisition also strengthened Coinbase’s standing in the global market, which is still dominated by Binance, the world’s largest crypto exchange by trading volume.
Alex Mashinsky, founder of the collapsed crypto lender Celsius Network , was slapped with a 12-year prison sentence on May 8 for crypto-related fraud. Mashinsky’s legal team sought a light prison sentence of one year and a day. They pointed to his clean record before the Celsius implosion, along with his military service and guilty plea. However, US prosecutors were less inclined to leniency. Mashinsky Sentenced To 12 Years In Prison Alex Mashinsky, 58, is set to spend 12 years in prison. Judge John Koeltl of the Southern District of New York (SDNY) handed down the sentence, saying the 12 years, comprising a 120-month sentence to be served concurrently with a separate 144-month sentence for the two charges Mashinsky pled guilty to, reflected Mashinsky’s “extremely serious” crimes. Mashinsky pleaded guilty to one count of committing commodities fraud and one count of committing securities fraud in December 2024. He was initially indicted on seven charges, including two counts of wire fraud and a fraudulent scheme to manipulate the price of Celsius’ native token, CEL, for his own financial gain. As ZyCrypto reported , federal prosecutors had initially recommended the former crypto mogul serve 20 years in prison. Prosecutors had said that Mashinsky had “orchestrated one of the biggest frauds in the crypto industry.” Meanwhile, his defense team had highlighted Mashinsky’s character, pointing to his long career in business, devotion to family, and service with the Israeli Army. In a letter to Judge Koeltl dated May 5, Mashinsky’s legal team said a prison sentence exceeding one year would amount to a “death-in-prison” punishment. They argued that the U.S. government’s justification for its sentencing recommendations served to “demonize [Mashinsky’s] intentions and motivations, his character and personality, and attribute his wrongdoing to a sadistic disposition.” Mashinsky will also relinquish $48 million and several real estate properties. “No matter what the sentence, the sentence will not cure the monetary or psychological harm caused to the victims,” Koeltl asserted. The Rise And Fall Of Mashinsky Before Celsius went under in 2022, the crypto fraudster repeatedly lied to customers about the safety of their money. He falsely proclaimed that Celsius had the regulatory green light and claimed that the platform did not make uncollateralized loans when, in fact, it did. “Alexander Mashinsky targeted retail investors with promises that he would keep their ‘digital assets’ safer than a bank, when in fact he used those assets to place risky bets and to line his own pockets,” U.S. Attorney Jay Clayton said in a statement. “In the end, Mashinsky made tens of millions of dollars while his customers lost billions. America’s investors deserve better. ” Mashinsky’s bad leadership and greed forced Celsius into bankruptcy, leaving a huge $1.2 billion hole in the firm’s balance sheet — which, according to prosecutors, is equivalent to $7 billion at today’s market prices. Judge Koeltl ordered Mashinsky to self-report to prison to start his sentence by September 12. He will be 70 years old upon release if he serves the entirety of his sentence.
Traders in the US options market are throwing serious money at one idea: that the Fed is going to keep rates frozen through 2025. The bet is clear and loud. It’s tied to a put option on the December 2025 Secured Overnight Financing Rate (SOFR) futures contract. The strike price—95.6875—sits lower than the current SOFR futures price, which still factors in three quarter-point cuts before year-end. Whoever’s buying these contracts is calling bullshit on that prediction. This isn’t some quiet backroom play. It’s a full-on offensive. The trade would pay off only if the futures price sinks closer to that 95.6875 mark, meaning expectations for rate cuts would need to die completely. As of now, open interest in the trade is over 275,000 contracts, and the size has exploded just over the last few weeks. It picked up speed right after the Fed’s latest policy meeting—the one where they held their ground and left rates at 4.25% to 4.5%. Only one quote was needed from that session: Jerome Powell, the Fed Chair, said the current level is “appropriate for current economic conditions” and won’t move unless the conditions do. More traders enter as futures fall and open interest spikes More firepower got added after Wednesday. On Thursday, SOFR futures slid lower again, and open interest in the 95.6875 put grew even more. That followed a market reaction to better-than-expected economic data and a rising stock market. Traders started backing off their previous belief that the Fed would step in with cuts. That belief just keeps fading. And as it fades, this option gains value. Since March, traders have spent around $25 million to buy nearly 250,000 of these contracts, Bloomberg reported. The number of individual traders in the position is unknown, but the volume says everything. They’re betting the Fed stays exactly where it is. This trade also fed off a comment made by President Donald Trump on Thursday. Speaking at the White House, Trump told Americans to buy stocks based on upcoming progress with the UK trade deal. The stock market jumped immediately. Optimism kicked in. But that could get tested fast, because Trump also mentioned on Friday that he might slap an 80% tariff on Chinese imports. That comes just ahead of weekend negotiations with Beijing People involved in the setup reportedly say the US might instead push for something less severe, like getting tariffs below 60% to start. But any change there could swing how the Fed reacts for the rest of the year. If trade talks crash and burn, this massive put bet might lose steam—or it might go even deeper into the money. WisdomTree sees no reason for Fed cuts “Unless something bad happens between now and June, it means the Fed doesn’t need to go,” said Kevin Flanagan, the head of fixed income strategy at WisdomTree. Kevin pointed to vulnerability in short-term yields, especially since the Fed’s March projection still included two cuts. Meanwhile, battle lines are forming in the Treasury futures market. On one side, asset managers are piling into long positions, betting that yields will fall. For the last eight straight weeks, they’ve increased their exposure by the equivalent of 1.3 million 10-year note futures. On the other side, hedge funds are stacking short positions, adding around 1 million contracts to their total over just five weeks. The largest change last week came in five-year notes. Asset managers extended their net long by $7.4 million per DV01, while hedge funds pushed their net short up $7.7 million per DV01. That’s not a quiet disagreement. That’s a full-scale war between bulls and bears on how far the Fed is going to hold out. So far, the Fed isn’t blinking. Neither are the people betting it won’t. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
U.S. stocks ended the week mixed, with investor sentiment cautious ahead of scheduled trade talks between U.S. and Chinese officials in Switzerland this weekend. The Dow Jones Industrial Average fell 0.3%, while the Nasdaq Composite edged up 0.0043% while the S&P 500 hovered near the flatline down 0.07% The trading action follows a preliminary U.S.-U.K. trade agreement, but new tariff rhetoric has kept markets jittery. U.S. President Donald Trump floated an “80% Tariff on China” via Truth Social, a step down from the current 145% but still above the sub-60% expectations reported earlier in the week. “Progress this week was encouraging, but we remain in the ebbs and flows of the news cycle,” said Nationwide’s Mark Hackett. “We are likely in a sideways period of volatility until we begin to get tangible outcomes.” You might also like: SEC’s Hester Peirce wants crypto sandbox: Wormhole legal chief has concerns Bitcoin’s surge Meanwhile, Bitcoin ( BTC ) surged above $104,000 Friday morning, driven by strong institutional inflows and ETF performance. Spot Bitcoin ETFs reached a new lifetime high in cumulative flows at $40.33 billion, per Bloomberg data. The largest cryptocurrency by market cap gave up some of its gains, trading at around $103,000 following Wall Street’s closing bell. Elsewhere, Wells Fargo noted only 13 companies have withdrawn earnings guidance this season, fewer than expected in what it calls a “positive surprise.” Stocks such as Ford, Delta, and Snap were among those pulling forecasts. You might also like: Arkham integrates portfolio management platform Haruko
Digital assets are marking gains and are set to regain previous levels due to increased demand. XRP has continued its trajectory as an institutional favorite asset following speculated spot ETF approvals in the United States. Meanwhile, the wider market gained over 4% to $3.26 trillion after a massive Bitcoin price rally. Altcoins also picked up steam with strong weekly institutional inflows into their products. Will XRP Hit $3.9? Several XRP traders have called for a massive uphill run to reclaim the $3.9 price level. At press time, the asset trades at $2.32, a 3.55% gain in the last 23 hours and a 9.84% rally last week. The weekly uptick, in addition to strong green on-chain metrics, favors bullish calls this month. Expert trader Ali Martinez analyzed X’s potential price move. Several users raised the bar within the community, hinting at higher levels after tapping $3.4 in January. Since the Securities and Exchange Commission (SEC) lawsuit, this will take the asset to multi-year highs. “ XRP looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target between $2.70 and $2.90.” The major factor expected to fuel this bullish course is XRP institutional demand. Last year, spot Bitcoin ETFs recorded nearly $40 billion, pushing the price to multiple all-time highs. As investors turn towards altcoin products, XRP and Solana ETFs rank high following massive investments in the last few months. Recently, ProShares revealed a possible launch of futures-based XRP ETF on April 30 pending regulatory greenlight. Furthermore, XRP whale accumulations have outpaced other altcoins in the last 14 days, showing signs of Q4 2024 inflows. XRP’s Volume Soars A new CoinShares Digital Asset Weekly flow points to a significant spike in institutional demand. Last week’s figures mark the third-largest and highest inflows since mid-December. Overall, XRP recorded $31.6 million, sustained growth from the previous week. This jumps monthly numbers above $70 million, while year-to-date inflows stand at $246 million. “We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have turned towards digital assets, which are being seen as an emerging safe haven,” CoinShares wrote.
The recent Dogecoin price action shows a bullish signal that might catapult the DOGE to $0.60. Therefore, the cryptocurrency markets are on high alert after its recent breakout above $0.20. Meanwhile, the demand for ground-breaking global payment-based solutions is rising fast, leading to the evolution of Remittix . This new PayFi proposition has surged 550%, attracting smart money traders who have contributed $14.8 million by purchasing 532 million tokens. Remittix gains momentum as PayFi altcoin set to explode Source: Remittix Remittix (RTX) aims to lower fees and offer near-instant settlements, filling the gap left behind by the stiff-necked conventional systems in the global payment sector. Its focus is on affordability and speed, which appeals to individuals and small businesses. Crypto pundits note that this angle sets Remittix apart from many coins offering only fancy features and speculative hype. This is because Remittix tackles day-to-day problems, while grabbing the attention of those who back PayFi technology to disrupt DeFi as the next big wave in finance. Remittix’s standout feature includes its merchant solutions tailored for freelancers, e-commerce platforms, and service providers. Through its Pay API, businesses can accept cryptocurrency payments and receive settlements directly into their bank accounts. Particularly beneficial for organizations operating on the global front, Remittix supports over 30 fiat currencies and 50+ cryptocurrency pairs. This flexibility allows businesses to manage payments in a way that aligns with their operational needs. Like most revolutionary projects in the DeFi space, the Remittix ecosystem is powered by the native $RTX token. With a fixed supply of 1.5 billion tokens, scarcity is built into the system as adoption continues to expand. Moreover, RTX provides opportunities for staking and governance, enabling holders to actively participate in the ecosystem. These initiatives have fueled strong presale engagement and increased RTX visibility among both retail and institutional buyers. Its accelerating presale success sends a strong signal of confidence to investors analyzing potential candidates for the next major breakout. Dogecoin volume spikes after $0.20 break as investors go long towards $0.60 The latest Dogecoin price surge has been accompanied by a massive uptick in trading volume in the same time frame. In fact, CoinMarketCap data reports that Dogecoin achieved 4.42 billion in trading volumes or $766 million in monetary terms, representing a 15% increase in May. This optimism is in tandem with accumulation happening behind the scenes. On May 1, prominent analyst Ali Martinez flagged a surge in whale activity, with wallets holding between 1 million and 10 million DOGE snapping up 100 million tokens in one week. This kind of accumulation has historically preceded massive moves, igniting speculations of a rally towards $0.6. DOGE’s technical analysis points to a trend continuation. Ali Martinez recently suggested that the Dogecoin price rejected sharply from an October 2024 trend line support. According to the chart expert, a dip to $0.14 could present a buying opportunity ahead of a potential rebound to $0.30. Source: Ali Martinez With this momentum, Coinglass data reports that over 75% of Binance’s top traders, those possessing a higher expertise level than retail investors, were positioned long on DOGE. Conclusion The latest Dogecoin price action has made a definitive path to $0.6, cementing its long-term potential despite being a highly speculative asset. Remittix is following a similar path with its virality, while focusing on transforming global payments with its blend of crypto and fiat. Currently in its presale at $0.0757, Remittix offers real utility that could transform the cross-border payments market. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix