TURBO has recently surged 140% in just 30 days, preparing for its much-anticipated debut on Binance US. With an Average Directional Index (ADX) of 24.53, TURBO shows signs of emerging
Bitcoin's recent rise has sparked excitement across the crypto market, hinting at potential surges for alternative coins. As Bitcoin gains traction, three altcoins stand out with possible explosive growth ahead. For those keen on the next big opportunities in the crypto world, the following coins may be primed for remarkable advances. Avalanche's Volatile Journey and Key Price Levels AVAX price action shows a 14% advance in the last month paired with a stark 38% decline over the past six months and a recent weekly drop of roughly 13%. Past movements reveal swift reversals and recovery periods that highlight a fluctuating market history. Momentum has shifted rapidly, emphasizing the potential gains and risks traders faced during these phases. Currently, the coin trades between $16 and $24 with immediate resistance around $27.94 and support near $11.13. The absence of a clear trend creates mixed signals, as slight upward momentum competes with bearish pressures. Traders may consider short-term plays within this range, looking to test the $36.34 resistance if bullish energy builds further. Maker's Price Dynamics Amid Short-Term Volatility Maker exhibited notable short-term activity with a robust month-on-month gain of 26.49%, while its half-year progress remained modest at a 4.70% increase. Recent price swings underline active market participation with a one-week drop of 9.36%, reflecting dynamic fluctuations and a mix of buying and selling actions that shaped its performance over these intervals. Current trading levels reveal Maker oscillating between $1082 and $1836, with key support at $687 and resistance at $2195. Bulls appear to be trying to push higher, but bears have interjected, as seen in the recent decline and mixed momentum indicators. Traders may find opportunities by watching for potential reversals near support and breakout moves at resistance. IOTA Sees Strong Monthly Gains and Consistent Growth Over Six Months Past data shows a 33.84% price increase in the last month and a 28.09% gain over six months. IOTA has delivered notable short-term strength while maintaining moderate upward progress over a longer period. The overall performance indicates renewed market interest and a shift toward bullish sentiment, with investors reacting well to recent moves. The price now trades between $0.144 and $0.256 with immediate resistance at $0.30 and secondary resistance at $0.42, and support around $0.08. Technical indicators are mixed with a near-neutral RSI of 51.26. The market appears range-bound, suggesting traders could consider buying near support and watch for a breakout above resistance levels for potential gains. Conclusion Bitcoin's rise in value might signal that several other cryptocurrencies could see significant growth. AVAX , MKR , and IOTA are three coins that show potential. These altcoins could benefit from the increased interest and investment in the cryptocurrency market. As Bitcoin continues its upward trend, a ripple effect may occur, driving more attention to these promising altcoins. 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.
Ethereum is on the rise, aiming for the $3,000 milestone as key indicators show a favorable market shift. Recent metrics reveal that ETH’s price behavior mirrors past bullish trends, reinforcing
Crypto.com acquires Allnew Investments, securing a MiFID license for Europe. This acquisition aligns Crypto.com with competitors like Gemini and Kraken. Continue Reading: Crypto.com Secures Strategic Advantage with Key Acquisition in Europe The post Crypto.com Secures Strategic Advantage with Key Acquisition in Europe appeared first on COINTURK NEWS .
Canary Capital has taken a bold step forward in the race to launch a Solana exchange-traded fund (ETF) in the U.S. The asset manager recently submitted an updated Solana ETF application to the U.S. Securities and Exchange Commission (SEC). The crypto ETF now has a new name and a significant partnership. This move comes as the SEC has put several crypto ETF applications on hold, including Canary’s own. Canary’s Solana ETF Proposal Gets a DeFi Boost The fund is now called the Canary Marinade Solana ETF, which shows its new partnership with Marinade Finance, a popular Solana staking platform. This deal would allow the ETF to include SOL staking, making it different from other fund applications. Bloomberg analyst James Seyffart confirmed the news in a recent statement. He asserted that the Solana ETF rebranding is linked to Canary’s partnership with Marinade. This shows a growing trend of companies adding decentralized finance (DeFi) features to regular investment products. Marinade Finance gave clues about the partnership earlier this week, creating excitement before the official news. SEC Delays Mount Across Crypto ETF Filings Despite Canary Capital’s fresh update, the SEC has delayed its decision on the fund. The next review date is now August 17. This delay is part of a broader slowdown, as the Commission also postponed decisions on Solana ETF applications from 21Shares and Bitwise. Meanwhile, Canada is on the verge of making history in cryptocurrency by becoming the first country to approve and launch spot Solana ETFs . Seyffart thinks the SEC will unlikely approve crypto ETFs like Solana or XRP before late June or early July. He believes a better chance for approval is in early Q4. This depends on market conditions and rules becoming more friendly to crypto-backed investment vehicles. SOL and XRP ETFs Still Lead in Approval Odds Even with the delays, the crypto community remains optimistic. According to Polymarket data, the XRP and Solana ETFs still have the most substantial chances of approval this year. Also, Pantera Capital is positive that Solana ETFs will be getting approval next. This follows recent delays in Grayscale’s Dogecoin and XRP ETF filings and 21Shares’ XRP ETF filings. Although the timeline is still uncertain, Canary Capital’s new filing and Marinade partnership might give it an advantage in the competitive crypto ETF market. While the SEC is still deciding, the race to launch the first Solana ETF is getting more intense as Grayscale has also joined the growing list. At the same time, the market sentiment surrounding Solana (SOL) ‘s value is positive. According to CoinMarketCap data , the digital coin is trading at $170,32, up by 2.50% in the last 24 hours. The post Canary Capital Rebrands Solana ETF with Marinade Partnership appeared first on TheCoinrise.com .
Strategy is forming a bullish setup similar to Bitcoin’s recent breakout. With price testing resistance, a potential pullback to strong support could trigger a move into all-time high territory. Strategy’s stock (MSTR) is currently trading in a bullish market structure, mirroring the recent price action of Bitcoin ( BTC ). With a history of aggressive BTC accumulation, MSTR has shown a strong correlation to Bitcoin’s movements, and this correlation may once again lead the stock into new all-time highs. As MSTR tests a key resistance level, the setup suggests either a direct breakout or a bullish correction that sets the stage for another leg up. Key technical points Major Support Zone: $362.50 — confluence of value area low, 21 EMA, and 200 MA Market Structure: Higher highs and higher lows since the recent swing low Volume Behavior: Declining volume suggests imminent influx following consolidation Potential Target: Expansion into ATH price discovery if resistance breaks or holds post-correction MSTR (1D) Chart, Source: TradingView The current price action on MSTR reflects a sustained bullish structure. Since establishing a swing low, the stock has consistently formed higher highs and higher lows, a classic sign of trend continuation. It is now testing a significant resistance zone. If this resistance holds, a short-term correction could follow. This potential pullback may bring price back to the $362.50 support zone, an area with strong technical confluence. The value area low, 21-day exponential moving average, and 200-day moving average all converge at this level. A correction into this zone would likely establish a higher low and provide the structural base for the next upward move. You might also like: Cookie crypto price soars 27.06% after perfect bounce: is a breakout to $0.26 next? Importantly, a breakout above the current high without a correction would also signal strong bullish momentum. It would suggest continued buying pressure and increase the likelihood of price rotation into discovery mode and the formation of new all-time highs, similar to Bitcoin’s recent breakout. MSTR’s historical price action has often mirrored that of Bitcoin, and this technical alignment reinforces the bullish outlook. What to expect in the coming price action If MSTR holds above the $362.50 support region or breaks above current resistance directly, the probability of a move into all-time highs increases significantly. Traders should watch for either a structured pullback or a clean breakout, both scenarios support continued upside. Read more: Buying Bitcoin at all-time high still makes sense: Saylor
Bitcoin printed yet another all-time high on Monday as BTC becomes more widely held by Americans than gold, according to a new report. Bitcoin-focused exchange River says new data shows that BTC is now “America’s emerging reserve asset,” and those living in the country own about 40% of the flagship crypto’s total supply, valued at more than $790 billion. According to River, 49.6 million Americans now own Bitcoin, while just 36.7 million Americans own gold. “Until 1971, gold was the primary reserve asset of the United States, backing the value of the US dollar and serving as a trusted store of value for many Americans. While gold remains an important investment asset, its role has diminished over time. Bitcoin has now surpassed gold in ownership among individual Americans. At the national level, the US government is pulling ahead of global rivals such as China by embracing Bitcoin. Earlier this year, the White House officially designated Bitcoin as a strategic reserve asset. The federal government’s Bitcoin holdings now represent twice its global market share of gold reserves.” Source: River Bitcoin soared past its previous all-time high of about $108,700 on Wednesday, breaking above $109,000 for the first time in its history. BTC is trading for $109,077 at time of writing, up 3.6% in the last 24 hours. 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. Featured Image: Shutterstock/80’s Child The post Bitcoin Breaks New All-Time Highs As BTC Ownership in the US Surpasses Gold, Becomes ‘America’s Emerging Reserve Asset’ appeared first on The Daily Hodl .
U.S. government debt is rattling investors, contributing to a sharp decline in the markets—even as Bitcoin reached a new all-time high. U.S. public debt has ignited investor concerns, even as Bitcoin (BTC) reached its all-time high. On May 21, the S&P 500 traded at 5,882.35 points, down 0.98%, while the tech-heavy Nasdaq was at 21,232.05, down 0.63%. At the same time, the Dow Jones was deep in the red at 42,059.08, losing 620.63 points, or 1.46%. DOW Jones Industrial Average heat map | Source: TipRanks Investor focus is primarily on U.S. debt, as rising bond yields threaten to push the government deficit even higher. The latest $16 billion auction of 20-year Treasury bonds attracted little demand from investors, sending bond yields higher. This came after the U.S. suffered a credit rating downgrade from Moody’s, losing its perfect score. You might also like: Dow Jones posts modest gains as U.S. debt downgrade shakes Wall Street At the same time, the U.S. Congress is pushing a new bill to extend Trump-era tax cuts. These cuts would increase disposable income, especially for high-income earners, but also raise concerns about further widening the federal deficit. Still, this uncertain macroeconomic environment appears to be working in Bitcoin’s favor. The largest crypto asset reached a new all-time high, while gold also showed strong performance—rising 0.94% to $3,313.5 per ounce. You might also like: BREAKING: Bitcoin hits new all-time high at $109,400.68 Tech stocks, healthcare down, Google stock up 4% Almost all the top 30 companies listed on the DOW Jones were in decline, including tech, major retailers, and healthcare. However, the Nasdaq-listed Alphabet stock rose 4% on Google’s new AI announcement . The tech giant is working on redefining search, making it work similarly to the big AI models. UnitedHealth continues its decline, with scandal on top of scandal. Most recently, reports revealed that the company attempted to cut insurance payouts by paying nursing homes to reduce transfers of patients to hospitals. This exposes the insurance giant to potential litigation, and its stock dropped 6% on the news. Read more: Buying Bitcoin at all-time high still makes sense: Saylor
XRP is about to start drawing a fresh wave of attention from institutional investors, following a major update that reflects the token’s growing relevance in the crypto market. The latest milestone involves the listing of XRP and Micro XRP futures on the CME Group, which marks a notable milestone for the cryptocurrency. Ripple’s CEO, Brad Garlinghouse, recently took to social media to share this exciting announcement, while Ripple issued a critical alert for crypto investors. Ripple CEO Hails Institutional Breakthrough For XRP Brad Garlinghouse took to the social media platform X to mark what he described as a key institutional milestone for XRP: the official launch of both XRP and Micro XRP futures contracts on CME Group, the largest derivatives marketplace in the world. Interestingly, the contracts were quick to become active, as Garlinghouse also confirmed that the first block trade on CME had already been executed by Hidden Road, a prominent institutional trading firm. This move introduces XRP to a regulated derivatives framework, which traditionally appeals to asset managers, hedge funds, and other large-scale investors. It places XRP in the same category as Bitcoin and Ethereum, both of which saw improved investor confidence and deeper market activity after their own CME futures listings. As such, the launch of XRP and Micro XRP futures plays well into the current market dynamics for XRP, especially in terms of growing institutional interest. Furthermore, the presence of XRP futures on the CME marketplace shows that the cryptocurrency is maturing into a more structured financial asset, which could influence future decisions of the SEC around Spot XRP ETFs . CME Group XRP futures are available in both a micro-sized (2,500 XRP) and a larger-sized contract (50,000 XRP). According to Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, more than $19 million in notional volume was traded on the first day of launch. Ripple Issues Major Alert To Investors Shortly after the announcement of the futures launch, Ripple’s official account posted a public service warning highlighting a rise in scams targeting the XRP community. The company urged users to stay alert, noting that no official Ripple representative would ever ask individuals to send XRP. The warning included a reminder to avoid suspicious links and noted the importance of verifying accounts before engaging. This alert is based on a pattern in the crypto space, as scam activity tends to rise when markets are bullish. One such example is the recent arrest of a Wellington-based man by the New Zealand Police in connection with a crime syndicate accused of stealing $450 million New Zealand dollars ($265 million). Crypto exchange Coinbase was also recently subjected to a phishing attac k that resulted in the leak of a small fraction of user data. At the time of writing, XRP is trading at $2.35, down by 8.7% in a seven-day timeframe.
Ethereum eyes $3k as positive metrics point to a potential bullish run.