BNB Strenghthens as Binance Chain Slashes 90% Gas Fees

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BNB has surged more than 5% with a high trading volume following a 90% drop in Binance Chain Gas Fees. Is $700 BNB’s next target?

 

BNB coin has surged 5.80% with a 26.22%  increase in trading volume in the past 24 hours, at press time, per CoinMarketCap.  This follows a 90% slash in Binance Chain gas fees from 1 gwei to 0.1 gwei.  CZ’s approved proposal on reducing gas fees could catalyze the BNB price uptrend to $700 and the psychological $1000 mark.

 

Source: CoinMarketCap

 

BNB’s Open Interest has risen 6.27%, with the 24-hour long-to-short ratio at 1.05. As the Relative Strength Index (RSI) hits 71 (overbought zone), BNB could face a price pullback following a sharp bullish rally. However, the short-term, medium-term, and long-term moving averages flash “strong buy” at press time.

Analysts have predicted that the breakout above the $634-$644 key resistance zone could see the coin rally towards $700 in the next few days, while targeting $1000 in the long run. Investors signal renewed optimism following this development on the Binance chain. If the bullish momentum holds, BNB’s rally to $1000 could be due soon.

 

 

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PEPE: Assessing the Memecoin’s Breakout as Bullish Momentum Strenghtens

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PEPE has broken out of a descending channel pattern with a heightened trading volume and price surge, suggesting a price reversal.

 

Following days of price downtrend, PEPE is flashing signs of a bullish price reversal. The memecoin has broken out of its descending channel formation on the 4-hour chart, surging 5.3% in price. According to CoinMarketCap data, the memecoin’s trading volume is steadily surging, and stands at 21.54%, at press time.

Looking at the chart, PEPE’s price has broken out and is consolidating above the $0.00000800 resistance zone, which acts as its new support. The breakout is confirmed by candles closing above its descending trendline as buyers step in, strengthening PEPE’s bullishness.

Source: TradingView

 

The MACD level (12,26), the short-term and mid-term moving averages flash “buy” as the bulls charge for a rally following the breakout. The Relative Strength Index (RSI) stands at 51 (neutral zone). This suggests PEPE buying has started, but the memecoin is not yet overbought.

Following this breakout, PEPE is poised for a rally towards $0.00000850 while targeting $ 0.00000900 in the long run. These are previous key resistance levels. One should watch for buying volume and derivatives data for further insights.

 

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Litecoin LTC Breaks Out amid Strong Bullish Momentum-Is $95 Next Target?

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Litecoin’s technical setup indicates a strong bullish breakout above a key resistance zone as technical indicators support LTC’s bullishness. Will the bulls target $95 next?

 

Litecoin has surged 11.26% in the past 24 hours as of press time. Per CoinMarketCap data, LTC has seen a 67.37% surge in 24-hour trading volume, signalling increased buying pressure amid renewed investor interest. As open interest rises, the bulls are geared up for a rally to reclaim the $100 key psychological level.

 

Looking at the 4-hour chart, LTC has broken out of the $81-$88 horizontal channel through the $88-$90 resistance zone with a strong consecutive green candles. This suggests strong bullish momentum as buyers step in following a retest of the $81 key support.

Source: CoinMarketCap

 

What do the technical indicators tell?

The MACD level (12,26), the short-term and mid-term moving averages are flashing “buy”, at press time. With the Relative Strength Index (RSI) at 60 (not overbought zone), LTC has heightened buying pressure and more buying potential.

With LTC’s price fluctuating around $90.80 and a fair value gap (FVG) left at the $84.5-$87 zone, LTC bears could attempt a price pullback.  Analysts have predicted that, if the bulls hold strong, LTC could hit $95 as its next target toward the $100 mark. Traders are closely monitoring LTC above the horizontal channel for more insights.

 

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BlackRock Weekly Bitcoin Accumulation Hits $2.5 Billion

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Blacrock has been accumulating Bitcoin at a high rate, signaling heightened institutional demand and adoption.

 

BlackRock, the world’s largest asset manager, with around $11.58 trillion in assets under management, has caught the market’s attention following its bold Bitcoin strategy. The institution’s rate of BTC acquisition has raised eyebrows as investors anticipate a bullish rally and potential market supply shock driven by demand.

According to on-chain data, Blacrock has acquired BTC worth $2.5 billion in just one week. In the past 7 days, there have been multiple transactions from Coinbase Prime to the IBIT ETF wallet, suggesting aggressive accumulation.

 

Source :X

 

What does this mean for BTC?

As traditional investors seek exposure to Bitcoin through ETFs, institutional acquisition of BTC is projected to rise in the following months.  With Bitcoin exchange supply draining steadily, the market could see a supply shock triggering a BTC rally towards the $100k mark and beyond.

Additionally, this suggests growing mainstream crypto adoption. Bitcoin is joining traditional balance sheets while positioning itself as a hedge against inflation and economic uncertainity.

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Cardano Faces Price Rejection Signaling Caution Ahead-What’s next for ADA?

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Cardano has faced price rejection around the $0.70 key resistance zone on its descending channel. Technical analysis hints at further downside if the bearish pressure persists.

 

Caradano has been flashing signs of strength in the past week as bulls hold strong in anticipation of ETFs’ approval. However, amid rising odds of ETF approval, Cardano bears could be taking charge as bulls get exhausted at the $0.70 zone. As of this writing, ADA has faced price rejection in this zone following a price uptrend in the past 48 hours.

Source: X

Looking at the 3-day chart, Cardano has tested the $0.68-$0.71 resistance zone on its descending trendline. Following a price exhaustion, the bears are pulling back, changing the coin’s momentum. Technical indicators signal strong bearish momentum, as the MACD (12,26) and moving averages flash a “strong sell”.

With the Relative Strength Index at 43, Cardano is approaching the oversold zone and has potential for price reversal. However, according to crypto analyst Ali Martinez, if the bearish pressure persists, ADA could drop further to $0.63, eyeing the  $0.54 support zone.

One should watch out for ADA’s fundamentals, buying volume, and technical indicators at this level for further insights.

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Kucoin BTC Reserves Plunge 77% After Mandatory KYC Announcement

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Kucoin exchange has seen its Bitcoin reserves drop by over 77% following a recent mandatory KYC requirement.

 

Kucoin, the Seychelles-based cryptocurrency exchange, resolved its criminal charges in January 2025, paying $3oo million in fines. This came after admitting to charges of operating an unlicensed money transmitting business while ignoring anti-money laundering protocols on its platform.  The worst crypto hack of the year 2020 left Kucoin bleeding $281 million in losses after a major security breach.

As a result of these challenges, Kucoin is trying to improve its Know Your Customer (KYC) checklist. This will require gathering more information about its exchange users and their operations. On-chain data by Cryptoquant has revealed that the exchange’s reserves have dropped 77.6% following a mandatory KYC policy.

 

Source: X

 

Bitcoin reserves have dropped from 18,300 BTC to 4,100 BTC, a 14,200 BTC outflow.  This is a significant outflow from a major exchange in the crypto market.

The drop in BTC reserves suggests that users have been reacting to strict compliance requirements and could be shifting to cold storage or other platforms. This is because privacy concerns and custodial risks are major considerations for crypto investors and enthusiasts on crypto service platforms.

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Tokenized Assets Surge 10% Hitting $22B in 30 Days

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Tokenized real-world assets (RWAs) have surged 10.07%, hitting $22B, with a 5.5%  increase in holders over the past 30 days.

 

The interaction of traditional finance and blockchain technology is steadily evolving. Over the past 30 days, tokenized real-world assets (RWAs) have seen substantial growth as institutions leverage the power of blockchains in a shift towards the digital economy. According to on-chain data by rwa.xyz, total asset holders have increased by 5,487 (5.5%), reaching nearly 100k. As a result, the market has grown 10.07%, hitting $22.04 billion in just 30 days.

 

Source: rwa.xyz

The tokenized RWAs market has 189 issuers so far, signalling a heightened fusion of crypto and traditional assets. Private credit leads the rally with $12.9 B, followed by tokenized U.S treasuries and equities. The market has $231 B in stablecoins as institutional demand for on-chain assets rises.

The growth in the tokenized RWAs market over just 30 days suggests a spike in Blockchain technology adoption in mainstream finance. Market analysts have predicted that the tokenized RWAs could hit $19 trillion by 2033.

 

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BTC Whale Wallet Shorts Market with $119.7M amid Bullish Momentum

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A Bitcoin whale has opened a bold $119.7 million short position amid BTC’s strengthening bullish momentum. What does this whale know?

 

Bitcoin is flashing signs of strengthening bullish momentum as institutions rush to accumulate the “digital gold” for their strategic reserves. Bitcoin maximalists and analysts have argued that BTC could cross the psychological $100k for the last time and might never drop below it again. Despite the BTC’s bullishness, a whale has caught the market’s attention after entering a massive short position.

 

BTC is trading at around $95,557 with a 16.61% surge in trading volume over the past 24 hours, at press time, per CoinMarketCap. According to On-chain data, the whale wallet has executed its $119.7 million short position using 40X leverage. The entry price is $95,381 with liquidation set at $102,340.

Source: X

 

As Bitcoin’s price rises, the whale’s bet could signal a possible resistance ahead. This could mean an incoming bulls and bears battleground in the $95k-$102k range as BTC rallies in this zone. With the liquidation level set just 7% above the entry, this whale could be banking on BTC’s short-term pullbacks.

Traders are digging for insightful on-chain data and observing substantial market inflows for more clues, while retail sentiment remains bullish.

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Ethereum ICO Whale Dumps $4.5M ETH amid Institutional Buys

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A major Ethereum ICO investor has offloaded $ 4.5M in ETH while BlackRock buys $20M worth of ETH, sparking mixed reactions in the market.

 

An early Ethereum initial coin offering(ICO) investor has made a surprising market move, leaving crypto investors with mixed reactions regarding ETH and his motives. According to On-chain data, the wallet sent 1,500 ETH ($2.76M) to the Kraken exchange. Previously, in the same 24-hour period, the whale wallet had transferred another 1,000 ETH ($1.83M), signalling significant offloading.

 

Source: X

 

The market has reacted to the whale wallet’s moves with mixed reactions. Having been an early ICO investor, traders question his motives, considering BlackRock has bought 11,000 ETH worth over $20 million in the same period.

BlackRock has been growing its Ethereum fund while other institutions like Trump’s World Liberty Financial believe in Ethereum’s rebound following a historical dip in Q1, 2025. So, does this early investor lack confidence in ETH’s bounce-back while institutional buying starts? Traders are closely watching ETH’s price at the $ 1800-1850 resistance zone to understand its next moves.

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TRON TRX Eyes Breakout while THIS Pattern Suggests a 15% Rally

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TRX is testing a key resistance zone on its bullish pennant pattern, eyeing a 15% rally post-breakout.

 

TRON (TRX) is catching the market’s attention following its listing as the 10th largest coin by market cap on CoinMarketCap’s cryptocurrencies list. In the past 24 hours, TRX has surged 1.25% with a 4.87% increase in its open interest. Per Coinalyze data, the Coin’s 24-hour long-short ratio stands at 2.27, suggesting heightened buying pressure.

 

Looking at the 4-hour chart, TRX’s price is consolidating in a bullish pennant pattern. This technical step up indicates a calm balance between sellers and buyers following a price uptrend. As of press time, TRON is trading at $0.2480 and attempting a breakout above the $0.2500 resistance zone.

Source: X

 

According to renowned analyst World of Charts, a breakout above the resistance zone could see TRX  rally 15% towards the $0.2800 and beyond in the short term. The MACD(12,26) is flashing a “sell” signalling some bearish pressure.

However, the short-term, mid-term, and long-term moving averages flash “strong buy”. With the Relative Strength Index (RSI) standing at 53 (neutral zone), TRX is not overbought and has more buying potential. TRON could be geared up for a rally soon, and traders are closely monitoring its price action at the resistance zone.

 

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