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Crypto analyst and trader Ali Martinez is leaning bearish on one large-cap altcoin as he offers his outlook for Bitcoin (BTC) and the native token of the blockchain oracle Chainlink (LINK). Martinez tells his 134,800 followers on the social media platform X that payments altcoin XRP (XRP) could plummet by around 37% from the current level after forming a head-and-shoulders pattern on the daily time frame. A head-and-shoulders is a bearish pattern suggesting that an asset is losing bullish momentum after failing to print new highs with its right shoulder. Source: Ali Martinez/X XRP, the fourth-largest crypto asset by market cap, is trading at $2.05 at time of writing. Next up is Bitcoin. The analyst and trader says Bitcoin could flip bullish if the crypto king manages to retest a key price level as support. Specifically, Martinez says he’s keeping a close watch on BTC’s short-term holder (STH) realized price, a metric that tracks the average price at ...

As the entire cryptocurrency market was drowning in losses, prominent cryptocurrency exchange Coinbase shared a bullish update with the industry. Ripple’s XRP has been witnessing a favorable time after struggling for several years. Adding to the asset’s growth, Coinbase revealed that its derivatives platform has filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for XRP. This comes as a major gain for the XRP market and its investors. Also Read: Jim Cramer Calls Nvidia (NVDA) Stock a “Meme Stock”: Is It? A Look Into Coinbase’s Latest Filing Source – Coinbase Blog According to a recent announcement, the Coinbase Derivatives platform is all set to certify XRP futures. The firm revealed that the XRP futures will launch on April 21, 2025. As long as Coinbase follows the required guidelines, its self-certification with the CFTC permits it to introduce futures without awaiting the agency’s express approval. Coinbase ...

Democratic lawmakers warned the Securities and Exchange Commission (SEC) about a conflict of interest in its regulation of the Trump family’s DeFi project, World Liberty Financial (WLF). Senators Elizabeth Warren and Maxine Waters asked Acting SEC Chari Uyeda in an April 2 letter to safeguard and hand over information related to the Trumps’ WLF project to Congress. They said the information would help them better understand whether the conflict of interest may be interfering with the SEC’s mission ”to pro tect investors and maintain fair and orderly markets.” Lawmakers Claim Trump Crypto Ventures Present A Conflict Of Interest “The Trump family’s financial stake in World Liberty Financial represents an unprecedented conflict of interest with the potential to influence the Trump Administration’s oversight — or lack thereof — of the cryptocurrency industry,” Warren and Water wrote in the letter. They claimed that th...

Dogecoin (DOGE) has seen stellar growth in its 11-year history. The original memecoin’s price shot up during the 2021 bull run. DOGE has solidified itself as one of the most popular and rewarding memecoins in the market. Early investors have made millions of dollars in profit with minimal investments. Also Read: Gold to Surge 10.7% by May 2025 – Safe-Haven Demand Drives Price to $3,448.54 Just $540 In Dogecoin Becomes $1 Million Today Source: Watcher Guru DOGE was at its lowest on May 6, 2015. If you had invested just $540 in the memecoin when it was at its lowest point, the investment would have been worth more than $1 million today. Your money would have risen by 186,912.71%. Source: Changelly Also Read: If You Put $1,000 Into Dogecoin When Elon Musk First Tweeted, Here’s Your Return Dogecoin (DOGE) hit an all-time high of $0.7316 on May 8, 2021. If you had sold your holdings when the memecoin was at its peak, the investment would have got you $4.08 million. In this scenario, yo...

A cryptocurrency trader suffered a $3.79 million loss after Binance unexpectedly updated leverage and margin tiers for select tokens. One of the affected tokens was Act I (ACT), where the trader’s $3.79 million position was liquidated at $0.1877, according to the latest on-chain data retrieved by Finbold from Lookonchain on April 1. Binance liquidation summary. Source: CoinGlass After the liquidation, one of the largest for the day, ACT experienced a massive price drop. As of press time, the token was trading at $0.1018, down 46% in the last 24 hours and nearly 50% on the weekly timeframe. Picks for you Mosaic Alpha launches the Basket Manager Combine contest 2 hours ago Robert Kiyosaki’s Q1, 2025 portfolio performance ...