With the SEC closed-door meeting and pressure from whistleblower group Empower Oversight, XRP is gaining momentum. Some analysts are urging investors to “buy the dip” and predict a rally to $10. As we watch that unfold, PlutoChain ($PLUTO) could step up with a hybrid Layer-2 solution that could fix Bitcoin’s slow transactions and hefty fees. Let’s check out the deets. XRP Price Prediction: Can XRP Bounce Back and Surge to $10 as Analysts Urge Investors to “Buy the Dip”? XRP is currently priced at $2.44, up 0.9% in the past 24 hours, with a trading volume of $4.86 billion over the same period. The price has ranged between $2.34 and $2.49 during this period. The SEC’s closed-door meeting today could have a major impact on Ripple and XRP, with key topics including the agency’s ongoing appeal in the Ripple case and the possible approval of a Grayscale XRP-spot ETF. At the same time, whistleblower group Empower Oversight is pressuring the SEC to release information about potential conflicts of interest in its crypto-related decisions. Meanwhile, analysts have spotted a rare price pattern that sets XRP apart from Bitcoin (BTC). This movement means that XRP could be on the verge of a major rally. Crypto analyst ProjectSyndicate has projected a potential 40% surge in XRP’s price, identifying the recent dip as a “perfect entry” point for investors. Hugo , another analyst, believes XRP has confirmed a breakout and expects it to surge to at least $10 once the bull run resumes. PlutoChain ($PLUTO) Brings The Hybrid Layer-2 Solution That Could Upgrade Bitcoin With Faster Transactions, Lower Fees, and Seamless DeFi Integration Bitcoin is one of the most secure and decentralized cryptocurrencies, but it has major drawbacks — slow transactions and high fees. This makes Bitcoin impractical for daily use, especially for small payments. PlutoChain ($PLUTO) might solve these issues with a hybrid Layer-2 scaling solution that could make Bitcoin faster, cheaper, and more versatile. By offering block times of just 2 seconds on its own Layer-2 chain, PlutoChain could eliminate long wait times and allow Bitcoin to be used for quick payments, microtransactions, and global transfers. Beyond speed, PlutoChain is designed to lower fees and stabilize costs and could make Bitcoin more practical for businesses and individuals. Instead of just being a store of value, Bitcoin could finally function as a real payment network. PlutoChain also brings Ethereum Virtual Machine (EVM) compatibility and could open the door for DeFi platforms, NFT marketplaces, and AI-powered blockchain applications. This would bridge the gap between Bitcoin and Ethereum, enabling features Bitcoin alone can’t support. Security remains a top priority. PlutoChain has passed multiple audits from SolidProof , QuillAudits , and Assure DeFi , alongside regular code reviews and stress tests. During the testnet phase, the platform has already processed over 43,200 transactions in a single day, which proves it can handle high volumes efficiently. Unlike Bitcoin’s miner-controlled governance, PlutoChain encourages the community to propose and vote on network changes, which makes it more transparent and adaptable. With these advancements, PlutoChain could help Bitcoin reach its full potential as a fast, efficient, and widely used digital currency. The Bottom Line With XRP at a critical moment, investors are watching closely as the SEC’s closed-door meeting unfolds. Many are seeing the current pullback as a chance to get in before a potential breakout and urging investors to “buy the dip”. Meanwhile, PlutoChain ($PLUTO) might gain attention with its Layer-2 solution for Bitcoin. With 2-second block times and full DeFi integration, PlutoChain could help turn Bitcoin into more than just a store of value. Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
Bitdeer has seen a flurry of activity in recent days as it makes strategic moves in the face of falling revenue and continues to move forward with long-term plans. The Singapore-based, Nasdaq-listed Bitdeer purchased 100 Bitcoin this week in two operations. It bought 50 BTC at $90,280 on Feb. 25, the same day its fourth-quarter 2024 financial report was released. On Feb. 27, it purchased another 50 BTC at $81,475 each, for a total outlay of $8,587,750. On Feb. 23, before the purchases, Bitdeer held 911 BTC. Bitdeer buys the dip, announces repurchase On Feb. 28, the company announced the completion of a $9 million share buyback program and the launch of a $20 million share repurchase program that will run through Feb. 28, 2026. The new round of repurchasing will be carried out gradually and funded with the company’s cash on hand. These actions come against the backdrop of two quarters of falling revenue. Bitdeer Technologies Group, which includes Bitdeer AI, showed healthy revenue growth in the first half of 2024. Total revenue reached $119.5 million in Q1, compared to $72.6 million in the same quarter of 2023. It also registered net income of $600,000, compared to a net loss of $9.5 million a year earlier. Q2 2024 brought in $99.2 million against $93.8 million in Q2 2023. It showed a net loss of $17.7 million, versus a net loss of $40.4 million in 2023. Halving and market trends hit Bitdeer hard The fourth Bitcoin halving in April 2024, when the reward for mining a block was reduced from 6.26 BTC to 3.125 BTC, rocked the gross profit margins of the entire mining industry. Bitdeer revenue fell to $62.0 million in Q3, down from $87.3 million the previous year. Q4 showed $69 million in revenue, down from $114.8 million in Q4 2023. Net loss skyrocketed from $5.0 million in Q4 2023 to $531.9 million. In a statement at the release of the Q3 report, Bitdeer chief business officer Matt Kong attributed the declining indicators to the halving, as well as the increased global hash rate, decreased hosting revenue and one-time research and one-time development costs. The last month has also seen a downturn in miners’ stock in line with broader stock and crypto market trends. Bitdeer was the loss leader among them, losing 55% of its value as the industry overall lost $13 billion. Bitdeer has gone into ASIC design The R&D outlay Kong referred to was connected with its SEAL02 chip development. The company announced a roadmap for designing application-specific integrated circuit (ASIC) in June. Also in June, Bitdeer paid $140 million in stock for chip designed DesiweMiner and integrated its staff into Bitdeer’s ASIC design team. At that time, the first generation, SEAL01, had been released and was expected to go into mass production in the Q4 2024. SEAL02 was expected to be released in the Q3 2024, and SEAL03 in Q4 2024. SEAL04 should be released in in Q2 2025 for mass delivery in Q4 2025. At the time of writing, Bitdeer has 1,380,679 reservations for its SEAL A2 model and plans to begin shipping in March. Also this week, the company’s CEO Jihan Wu committed to the sale of up to 4 million ordinary shares between March and June 15, 2025 under a plan finalized in December. The company stressed that the plan complies with the United States Securities and Exchange Commission’s Rule 10b5-1 on insider trading. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The court's dismissal may embolden crypto founders, challenging regulatory reach and potentially reshaping future SEC enforcement strategies. The post US federal court dismisses SEC’s case against Hex founder Richard Heart appeared first on Crypto Briefing .
As of March 1st, industry insights from COINOTAG reveal that the **cryptocurrency market** is currently facing challenges in sustaining upward price movements. According to CryptoQuant analyst @Crazzyblockk, lackluster demand for
Three lesser-known cryptocurrencies show signs of a potential rebound this March. Investors often focus on major players, but hidden gems like these can surprise the market. Delving into the specifics of DYDX, KAS, and GNO reveals why they might lead the pack in recovery. Discover which coins are set for growth this month. DYDX: Downward Price Movement Amid Key Support and Resistance Levels Past month and half-year performance show notable declines with a 32.43% drop over the last month and a 27.68% fall over six months. Price fluctuations between $0.80 and $1.54 and a steep weekly loss of 17.20% point to persistent bearish pressure. The data reflects a consistent downward drift, suggesting recent market sentiment has been far from buoyant. Current price action centers around a support level at $0.52 and a key resistance near $2.00, with a secondary hurdle at $2.74. Bears remain in command as indicators like the Awesome Oscillator, Momentum, and RSI hint at an oversold zone. Traders might consider light buying near support with careful stops while awaiting a decisive break above resistance. Kaspa Price Action: Recent Decline Highlights Bearish Trends Kaspa experienced a steep fall over the last month and six months, with price drops of around 37% and 54% respectively. The coin has shown a notable shift in movement characterized by a rapid decrease in momentum and persistent selling pressure. Strength indicators like a low RSI near 28.56 and negative oscillator readings reinforced the downward trend. Bearish forces have dominated, significantly dragging the coin’s value lower over time. Kaspa currently trades between approximately 0.1063 and 0.1543 dollars, with key support noted around 0.0827 dollars and resistance near 0.1787 dollars. Bears remain strong as the coin struggles to break above resistance. Traders may monitor the support level for potential bounce-back signals or a continuation of the downtrend within this range. Gnosis GNO Oversold State Hints Recovery Potential in Cryptomarket Gnosis saw a decline of nearly 30% over the past month, while its six-month performance slipped by about 5%. Weekly losses reached almost 21%, indicating significant short-term volatility compared to its steadier half-year trend. The price fluctuations have been sharp in recent weeks, showcasing unstable behavior amid broader market conditions. Current price levels range between approximately 184 and 272 dollars, with key support at 149 dollars and resistance at 325 dollars. The RSI sits at 27, indicating oversold conditions. Bears have recently dominated, but these oversold signals could attract bull interest. Traders might consider short-term plays near support and look for upward moves above resistance as potential reversal cues. Conclusion DYDX , KAS, and GNO show promise for an early recovery in March. Market trends and trading activity suggest potential growth for these coins. DYDX focuses on decentralized trading, KAS on privacy, and GNO on prediction markets. Each addresses unique needs in the crypto space. Close attention to these altcoins may reveal early recovery patterns. Market movements in March could favor these options. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin mining company TeraWulf’s 2024 yearly revenue surged 102%, partly due to the company’s focus on mining more Bitcoin and improving its system capabilities. Paul Prager, CEO of TeraWulf, believes 2024 was a good year for the company, saying their achievements helped to solidify its leadership role in digital infrastructure. He added that their firm is at the “convergence of Bitcoin mining and HPC hosting.” claiming they will continue to lead in the next generation of digital solutions. TeraWulf Bitcoin holdings have exceeded 1800 BTC TeraWulf’s increased revenue was mostly attributed to the rise in the amount of Bitcoin mined and overall BTC prices. Following the revenue rise, the company even cleared its long-held debt, paying off almost $140 million in 2024. Moreover, the firm’s on-GAAP adjusted EBITDA jumped from $31.9 million in 2023 to $60.4 million, and by the end of the year, it had cash and cash equivalents of $274.1 million and about 1801 BTC. CEO Prager expects the company to scale up its high-performance commute (HPC) capacity by 100-150MW annually, adding that they are targeting to execute roughly 72.5 MW of HPC hosting capacity by the year’s close. However, Bitcoin is showing no signs of a price recovery in February, with some predicting the token will close the month with a 21% dip. Some analysts have blamed the lack of positive catalysts for the price fall in the last few weeks, as well as the lack of technical support levels at $80,000 and $95,000. Bitcoin price correction could easily influence TeraWulf’s 2025 revenue earnings. CFO Patrick Fleury claims the company sold some of its equity Patrick Fleury, Chief Financial Officer, stated that they had about $500 million in oversubscribed convertible debt offering. He claimed the debt offering helped increase their liquidity and provide funds for their HPC hosting. Additionally, he said that the sale of their 25% equity interest in Nautilus, helped them get back $85 million which they reinvested in Lake Mariner’s HPC hosting capacity. Prager even added: We expanded our self-mining capacity to 9.7 EH/s, secured long-term data center lease agreements with a credit-worthy counterparty that are expected to generate significant recurring revenue, providing a stable foundation for long-term growth, and enhanced our financial flexibility through strategic asset monetization and capital raises. Paul Prager Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Here is a list of top conferences from March to December 2025 to mark on your calendar to follow the developments from across the Global Bitcoin Community.
Traders faced significant losses in meme coin transactions, notably MELANIA and TRUMP. New regulations are being proposed to prevent lawmakers from benefiting financially. Continue Reading: Traders Face Massive Losses in Meme Coin Market The post Traders Face Massive Losses in Meme Coin Market appeared first on COINTURK NEWS .
You are in the right place if you are trying to find the best cryptos to buy now. Though there are plenty of opportunities in the industry, where should you concentrate your efforts given so many choices? Despite the uncertainties of the current market, in this article, we look at the top altcoinsthat might be set for a significant rise. You will learn which initiatives are viable in the long term. From SUI's turbulent but exciting price action to Toncoin's possible comeback, Sonic's ecosystem development, Hedera's breakthrough possibility, and Remittix's game-changing financial solution, we dissect what makes these five cryptocurrencies unique and why you might wish to add them to your portfolio. SUI Faces Volatility but Holds Long-Term Potential Over 24% of the SUI price was lost last week. According to the SUI price chart, the altcoin first consolidated between $3.60 and $3.10 before declining. This bearish breakout drove the SUI coin to $2.50. SUI has dropped more than 28% of its value throughout the past month. Traders still have hope despite this decline, though. Based on a chart analysis, analyst PROFIT BLUE implied that SUI might rally above $40 in the long term following this downturn. Technical indications contradict one another. Moving averages show purchase suggestions when tracking trend changes over time. Though it measures price speed, the Momentum Oscillator nevertheless shows selling pressure. A similar weakness is indicated by the Commodity Channel Index (CCI). Though there is always some short-term volatility, analysts see SUI's long-term prospects as positive. Toncoin Faces Decline but Analysts See Bullish Potential Over the past week, the Toncoin price decreased by more than 11% . This fall has not been constant, though. Struggling to find direction, the Toncoin price chart reveals the altcoin to have been fluctuating between $3.87 and $3.12. Toncoin dropped nearly 33% of its value over the last month. Still, the Toncoin community remains positive. Some analysts think Toncoin offers great growth potential and may revisit its all-time high (ATH) of $8.24 later this year. Meanwhile, earlier in February, it was identified that 1.43 million TON tokens had moved from whale wallets. Ali Martinez commented that he was watching closely to see how this plays out. Technical indicators show current weakness. Tracking momentum shifts, the MACD indicates selling pressure. Additionally pointing to more downside is the Momentum Oscillator, which gauges price speed. Analogously, the Moving Averages—which help to smooth market trends—show a negative phase. Although the short-term Toncoin price chart displays uncertainty, experts still view Toncoin as one of the best cryptos to buy now. Sonic Dips, but Ecosystem Growth Stays Strong Though its ecosystem is still flourishing, the Sonic price dropped more than 29% last week. The Sonic price chart shows the altcoin trading between $0.93 and $0.77 before a bearish breakout occurred. Though there was a slight drop, the past month was positive; Sonic scored about 34%. The great success of projects created on Sonic mainnet piques developer curiosity. Miles Deutscher says this growing environment is creating a positive feedback cycle that attracts even more creativity. Technical signals point to the Sonic price perhaps rallying shortly. Tracking momentum changes, the MACD points to a purchasing opportunity. Additionally, leaning bullish is the Momentum Oscillator, which tracks price movement speed. Furthermore, supporting an increasing trend is the 50EMA. A bullish community sentiment still exists, and many believe Sonic to be among the best cryptos to buy now. Hedera Shows Strength After Long Accumulation For 620 days, the Hedera price has been rounding bottom at below $0.10. This protracted buildup points to a great possibility for a breakout. CryptoBullet finds from the Hedera price chart that the main resistance level is $0.20. Should it break, Hedera might aim for $0.44 in the mid-term; long-term estimates for an aggressive rally point to either $1.25 or perhaps $3.25. This arrangement makes Hedera among the best cryptos to buy now for those seeking long-term gains despite recent swings. Prices have moved temporarily and erratically. First falling from $0.233 to $0.177, the Hedera price then rebounded above $0.202. Still, revived selling pressure drove it down to $0.185. Technical signs show a turnaround even though Hedera lost more than 39% of its value throughout the past month. The MACD's and Moving Averages' purchase signals point to possible positive momentum soon to reappear. If Hedera breaks significant resistance levels, it will be a great choice for investors since a significant surge could follow. Remittix Is Enhancing International Transactions Remittix is changing worldwide payments by expertly merging crypto with traditional institutions. Unlike outdated systems depending on delayed and expensive middlemen, Remittixenables users to move digital assets straight to fiat bank accounts all around the world from crypto wallets. Transactions thus are faster, less expensive, and more easily reachable. Remittix is positioned to take a sizable portion considering the $190 trillion worth of worldwide cross-border transactions. Using its own currency, RTX, the platform gives investors a high-upside potential in the expanding crypto-finance market, so empowering its community. Since RTX offers a rare chance to engage early in a game-changing initiative, it is among the best cryptos to buy now. More and more are desired after quick, affordable financial transactions. Remittix is positioned for success since the crypto sector is predicted to bring approximately $11.7 billion in income by 2030. The platform is flexible for people as well as companies since it supports over 30 fiat currencies and 50+ cryptocurrency pairs. At just $0.0694, RTX is a high-potential asset for anyone hoping to profit from the upcoming major financial shift. Unlike many projects, presale buyers have no vesting, hence early investors can maximize their rewards. Remittix is more concerned with long-term development and sustainability because the team has a strong three-year vesting plan. RTX is a top candidate for anyone looking for the best crypto investment right now. Remittix and 4 Other Best Cryptos To Buy Now: Don’t Miss Out! One of the most promising opportunities for crypto investors is Remittix. Though SUI, Toncoin, Sonic, and Hedera all have enormous promise, Remittix is positioned to totally change the global payments market. Between crypto and conventional banks, it facilitates faster, less expensive, more worldwide access to transactions. Right now, RTX, the native token of Remittix, is just worth $0.0694. This is thus a rare,earlyopportunity to accumulate RTX. RTX could explode if demand for quick, reasonably priced cross-border transactions rises. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.