Chainlink's price has significantly declined after a brief recovery. Whale selling activity raises concerns about further price drops. Continue Reading: Why Chainlink’s Price Plummets: Whale Activity Sparks Concerns The post Why Chainlink’s Price Plummets: Whale Activity Sparks Concerns appeared first on COINTURK NEWS .
Bitcoin’s remarkable bull run, which pushed it above $100,000, may be hitting the brakes. Analysts are flagging three red flags that could curb its...
South Korea’s financial regulators are setting their sights on introducing cryptocurrency exchange-traded funds (ETFs) to capture the interests of older investors. The Financial Investment Association of South Korea (KOFIA) aims
The excitement around meme coins is encountering a significant obstacle as new tariffs introduced by Trump unsettle the market. The shifts are causing ripples across the crypto landscape. Yet, there are opportunities amid the turbulence. This week, five coins show promise of bouncing back. Discover which ones could lead the recovery in these uncertain times. XYZ’s Rise to Glory: The Meme Coin Fighter Punching Through the Crypto Arena XYZVerse is the next heavyweight champion of meme coins. Crowned Best NEW Meme Project , it blends the electric energy of sports with meme culture, drawing in millions of fans who want to be part of something bigger. Every great story needs a hero. Not the biggest, not the strongest—just the one crazy enough to keep pushing forward. That’s XYZepe , the masked fighter, the die-hard believer, and the relentless holder of $XYZ . His mission is to bring XYZVerse to the top of CoinMarketCap and carve XYZ into crypto history. In response, the CMC community is totally behind this future champ: 95% are super bullish on $XYZ. But greatness isn’t handed out—it’s earned in the ring. $XYZ has already passed through 9 out of 15 presale stages, and the thriving community helps it build momentum for a mindblowing take off. Undervalued at $0.002, $XYZ is a bet worth making. By the end of presale, it’s set to soar to $0.1. The fight isn’t over, but the path to glory is clear. Champions Get Rewarded In XYZVerse , the community calls the plays . Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big. The Road to Victory With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price , and to rally a community of believers who know this isn’t just another meme coin—it’s the start of something legendary. XYZepe is fighting for glory. Are you ready to join the ring? ai16z (AI16Z) AI16Z has seen significant fluctuations lately. In the past week, its price has dropped by 42.74%. Over the last month, the decline was even steeper at 79.90%. Despite these recent downturns, the coin is up by 77.89% over the past six months, showing long-term growth. Currently, AI16Z trades between $0.27 and $0.67. This is below both its 10-day simple moving average of $0.39 and its 100-day average of $0.47. The Relative Strength Index stands at 51.85, indicating a neutral market stance. The stochastic value is 30.34, suggesting the coin is approaching oversold territory. The MACD level is slightly negative at -0.0027, pointing to a possible bearish trend. Looking ahead, if the price continues to fall, it may reach the nearest support level at $0.12, which would be a significant drop from current levels. Conversely, if momentum shifts, the coin could rise toward the nearest resistance level at $0.93, marking a potential increase of over 200%. Traders are closely watching these key levels to gauge where AI16Z might head next. OFFICIAL TRUMP (TRUMP) OFFICIAL TRUMP (TRUMP) has experienced notable price movements recently. Over the past week, the coin’s price dropped by 36.65%, settling within a range of $16.22 to $28.10. Despite this short-term decline, TRUMP has surged by 365.58% over the past month and six months, indicating substantial growth in the longer term. The coin’s technical indicators show mixed signals. The Relative Strength Index (RSI) is at 45.88, suggesting the coin is neither overbought nor oversold. The Simple Moving Average (SMA) over 10 days is $17.33, which is below the 100-day SMA of $20.90. This could point to a potential downward trend. The MACD level stands at -0.4824, and the stochastic value is 31.98, both hinting at possible bearish momentum. Looking ahead, the nearest resistance level is at $35.20, with a second resistance at $47.08. If TRUMP’s price moves upward and breaks these levels, it could signal further gains. On the downside, the nearest support level is $11.44. A drop below this could lead to additional declines. Based on the recent data, TRUMP may face volatility, but the significant growth over the past month suggests potential for future increases. Pudgy Penguins (PENGU) Pudgy Penguins (PENGU) has seen significant volatility recently. Over the past week, its price has dropped by over 40%. In the past month, it has fallen nearly 69%. However, looking at the bigger picture, the token has surged approximately 154% over the last six months. Currently, PENGU is trading between $0.0083 and $0.02139. The nearest resistance level is at $0.02972, while the closest support level is at $0.003701. The 10-day simple moving average is $0.01242, slightly below the 100-day average of $0.01365. The Relative Strength Index (RSI) sits at 51.27, indicating neutral momentum. The stochastic oscillator is at 34.89, suggesting the token is neither overbought nor oversold. Based on these figures, PENGU’s price could move in either direction. If it rebounds towards the nearest resistance level, it could see gains of around 39% from its current upper range. Alternatively, if it dips to the support level, it could experience a decrease of about 56%. Traders are watching these levels to gauge potential shifts in the market. Turbo (TURBO) Turbo (TURBO) is currently trading between $0.00315 and $0.00567. Over the past week, its price has dropped by 22.84%. In the past month, it has fallen by 59%. However, over the last six months, it has gained 11.29%. The coin is hovering near its support level at $0.00221. The nearest resistance is at $0.00725. If it breaks above this, the next target is $0.00977. The 10-day simple moving average is $0.00404, while the 100-day average is $0.00471. This suggests short-term bearishness but longer-term stability. Technical indicators are mixed. The RSI is at 54.27, indicating a neutral market. The Stochastic is at 52.18, also neutral. MACD is slightly negative at -0.00000028166, suggesting minimal downward momentum. Based on this data, Turbo’s price could stabilize or rise towards the resistance levels, potentially increasing by over 100% if it reaches the second resistance. Conclusion While AI16Z, TRUMP, PENGU, and TURBO show rebound potential, XYZVerse (XYZ) excels by uniting sports fans in a pioneering memecoin aiming for massive growth. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X
The finance industry association chief vows to list a crypto ETF in 2025 on the domestic exchange to satisfy the growing demand for digital assets among older investors.
The post US Postal Service Halts China Shipments: What It Means for the Crypto Market appeared first on Coinpedia Fintech News The increasing fear that has been driving the US market, since President Donald Trump focused on Tariff trade wars to help deliver on his campaign promises, has trickled down to the crypto market. The Bitcoin’s fear and greed index has dropped from over 70 percent, denoting greed, to around 50 percent, suggesting rising fear of further capitulation ahead. As Coinpedia reported, Bitcoin price faces a potential drop to the support level of around $91k again after being rejected above $102k in the last two days. With the altcoin industry already showing a higher positive correlation with Bitcoin’s price action, it is safe to assume that the entire crypto market faces further short-term weakening. US Postal Service Disrupts Parcel Delivery from China As the Trump administration seeks to counter drug trafficking from China to the United States, the U.S. Postal Service announced it will temporarily suspend international package acceptance from China and Hong Kong posts, effective February 4, 2025. However, the US Postal Service will continue to enable the flow of letters and flats from China and Hong Kong. Impact on the Crypto Market The US Postal Service has been a major enabler of business expansion between China and the United States, more so in the e-commerce sector, during the past few years. In 2024, there were 4 million packages worth less than $800 per day from China. The latest temporary suspension of international package acceptance from China and Hong Kong will heavily impact e-commerce giants led by Shein and Temu. Already, the use of digital assets in the China-US trade had gained significant momentum. Moreover, the methods of payment between merchants and customers of the two nations include PayPal, Visa, Apple Pay, MasterCard, and Google Pay, among others, which have heavily adopted digital assets.
There are just over two months left until the next VI Crypto Summit 2025, and
BTC lingers below $100k as China tariffs US goods. Another $400m liquidations in volatile 24 hours. Liquidations yesterday may have reached $10b: Bybit. Trump set to create US sovereign wealth fund. Lummis hints sovereign wealth fund would buy BTC. Pro-crypto Lutnick to lead sovereign wealth fund. Sachs set for AI & crypto press conference today. MicroStrategy halts BTC purchases, 1st time in weeks. ETH raises gas limits for first time since 2021. Its a great time to add ETH: Eric Trump. Hyperliquid flips ETH in 7-day revenues. WLFI moves $212m ETH to Coinbase Prime. SEC can’t launch probes without leadership approval. TRON, Movement Labs deny token swap for WLFI. CFTC probing Cryptocom and Kalshi’s contracts. Banks may limit crypto exposures: TD Cowen. Kraken secures MiFID license in EU. Coinbase approved to offer crypto services in UK. WazirX set to vote on restructuring. Coinbase criticised for $300m lost to scams.
COINOTAG reported on February 5th that the latest data from CryptoQuant indicates a significant trend for Bitcoin, as its funding rate has dipped into negative territory for the seventh time
Huge overnight inflows to XRP and Ethereum suggest bulls are not done