Latest news with #SOL
Business Upturn
7 hours ago
- Business
- Business Upturn
Double Deposit Bonus, $50 Welcome Bonus & No-KYC 100x Leverage Trading Now Available on BexBack
By GlobeNewswire Published on May 31, 2025, 20:00 IST SINGAPORE, May 31, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus , a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors. What Is 100x Leverage and How Does It Work? Simply put, 100x leverage allows you to open larger trading positions with less capital. For example: Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC. One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%. With BexBack's deposit bonus BexBack offers a 100% deposit bonus . If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%. Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks. How Does the 100% Deposit Bonus Work? The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation. About BexBack? BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support. Why recommend BexBack? No KYC Required: Start trading immediately without complex identity verification. 100% Deposit Bonus : Double your funds, double your profits. High-Leverage Trading: Offers up to 100x leverage, maximizing investors' capital efficiency. Demo Account : Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading. Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications. Convenient Operation: No slippage, no spread, and fast, precise trade execution. Global User Support: Enjoy 24/7 customer service, no matter where you are. Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters. Take Action Now—Don't Miss Another Opportunity! If you missed the previous crypto bull run, this could be your chance. With BexBack's 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run. Sign up on BexBack now , claim your exclusive bonus and start accumulating more BTC today! Website: Contact: [email protected] Contact:Amanda [email protected] Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
7 hours ago
- Business
- Yahoo
Solana's SOL Dips 5% Amid Fading Memecoin Trading Activity on Network
Solana (SOL) fell more than 5% over the past 24 hours, rattled by geopolitical tensions and waning memecoin activity on its network. The token dropped from $163.72 to a low of $154.99 as a combination of market uncertainty and declining network revenue put pressure on its price. The decline coincides with a broader crypto market correction triggered by the U.S. Court of International Trade's reversal on Trump's tariff suspension, which reignited trade concerns and spooked investors. Memecoin revenue from the once-popular platform has also nosedived since early April, weakening one of Solana's key transaction drivers. News Background Solana Labs on Friday introduced the Solana AppKit, an open-source React Native toolkit designed to let developers build iOS and Android apps on the Solana blockchain in about 15 minutes. The kit integrates 18+ protocols, including embedded wallets powered by providers like Privy, Dynamic, and Turnkey, and supports Mobile Wallet Adapter for Solana Mobile. It also offers direct swaps and copy trading features, powered by Jupiter Exchange, along with integrations from Raydium and aiming to boost app functionality and user engagement within the Solana ecosystem. Price-ActionTechnical analysis shows SOL forming a double-top pattern near $184.50, breaking below key Fibonacci support levels. The SOL/ETH trading pair also collapsed below a rising wedge, with some analysts warning of a potential 40% drop relative to Ethereum if network activity fails to recover. Standard Chartered added to the caution, suggesting that unless Solana can diversify beyond memecoins, its price could continue to underperform. Meanwhile, long liquidations have increased, contributing to the bearish pressure. Despite these headwinds, some traders remain optimistic, noting that SOL is still within a broader bullish structure if it can hold the $150-$160 support range. A sustained hold at these levels could pave the way for a potential recovery toward $200, though failure to do so may trigger further declines toward lower support zones. Technical Analysis Recap SOL dropped from $163.72 to $154.99, a 5.33% decline over the past 24 hours. Price action highlighted increased volatility, with an overall range of $11.87 (7.24%). A key resistance level was established at $161.84 during a heavy sell-off at 16:00, accompanied by above-average volume (2.52M). Support emerged at $152.37, with high-volume buying (1.81M) at 01:00. The pattern of lower highs and lower lows underscores the ongoing bearish trend. Recovery attempts were modest, with SOL needing to reclaim $157 for short-term momentum. A local bottom formed at $154.37 at 07:17, followed by a small rally to $155.36. Strongest buying pressure was recorded at 07:54 with a volume spike of 10,295 units. Price retraced to $154.97 in the final minutes, suggesting a possible short-term support zone. As traders weigh Solana's next move, the market will be watching closely to see if the token can hold above critical support levels or if bearish momentum will push prices lower. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
a day ago
- Business
- Yahoo
Solana Price Prediction - What could affect SOL's future price?
Solana price prediction remains mixed as the asset contends with bullish ETF prospects and network upgrades versus regulatory delays and technical resistance, with the $180–$188 zone seen as a key breakout level. - ETF delays curb institutional momentum short-term - USDC minting and DeFi growth boost utility - Technical resistance at $176–$188 critical for trend ETF Applications: Six U.S. spot Solana ETF filings (Fidelity, VanEck) face SEC delays, but approval could mirror Bitcoin's 2024 ETF-driven surge. Analysts note a 82% approval chance via Polymarket, with potential inflows if greenlit. USDC Expansion: Circle minted $250M USDC on Solana (May 30), enhancing liquidity for DEXs like Raydium. Solana hosts 34% of all stablecoin volume, driving fee revenue. Institutional Funding: Sol Strategies aims to raise $1B for validator infrastructure, signaling long-term ecosystem bets. Layer-1 Rivalry: Base hit 959 TPS during a token launch (May 29), nearing Solana's 1,039 TPS. However, Solana's $15.3B TVL and $9B DeFi dominance still lead. Meme Coin Reliance: 75% of Solana's Q1 revenue came from meme projects like A slowdown here could pressure fees. Resistance Zone: SOL faces stiff selling at $176.28 (38.2% Fibonacci) and $187.28 (swing high). A close above $180 could target $216 (161.8% extension). Bearish Signals: MACD histogram (-1.73) and RSI (49.67) suggest consolidation, but the 50-day SMA ($154.83) underpins mid-term support. Solana price prediction depends on ETF clarity, DeFi adoption, and reclaiming the $180 resistance level. While network upgrades and stablecoin growth help offset meme coin volatility, SEC delays and rising L1 competition continue to pose risks. Will institutional patience outlast regulatory uncertainty? Solana price prediction remains uncertain amid mixed sentiment: bullish institutional developments clash with technical caution and ETF delays. Traders are eyeing the $200 resistance, while analysts debate short-term volatility versus long-term growth potential. - Institutional adoption surges with Coinbase's 24/7 SOL futures and USDC's $250M Solana mint. - Technical concerns linger as SOL faces resistance at $170–$180 amid overbought signals. - ETF speculation intensifies despite SEC delays, with experts predicting $440–$600+ if approved. Bullish momentum dominates long-term narratives (30-day price +11.35%), but short-term sentiment cooled after a 10% weekly drop. The Crypto Fear & Greed Index fell from 74 (Greed) to 61 (Neutral) this week, reflecting caution after $750M liquidations. Bullish drivers: Coinbase launching 24/7 SOL futures, USDC's $250M mint on Solana. Bearish pressures: SOL rejected at $185 resistance, negative funding rates (-0.0002%), and whale profit-taking. Institutional Adoption:- Coinbase's SOL futures launch (June 13) aims to bridge U.S. and global markets, with derivatives now 75% of crypto trading.- ARK Invest added SOL exposure via a Canadian ETF, citing 'confidence in Solana's growth'. ETF Speculation:- Analysts like VirtualBacon project $440–$600 SOL if spot ETFs gain U.S. approval by late 2025 (X).- SEC delays for Grayscale and 21Shares applications have stalled momentum, but Polymarket odds favor an 82% approval chance. Technical Outlook:- SOL's RSI (73) and Stochastic Oscillator (94) signal overbought conditions, with bears targeting $157–$152 support.- A breakout above $180 could trigger a rally toward $280, per ascending trendline analysis. Chris Burniske (Placeholder VC): 'Loving where the market is… Solana could outperform BTC/ETH'. Peter Brandt: Forecasts $500+ SOL if network stability improves and ETF narratives materialize. Solana Post: Warns of meme-driven volatility but highlights SOL's dominance in DeFi (2nd in TVL) and NFTs. Solana price prediction hinges on ETF approvals, institutional inflows, and technical resilience above $170. While short-term risks persist, its ecosystem growth (DeFi, USDC integration) and developer activity (Firedancer upgrade) underpin bullish conviction. Will SOL's ETF momentum outpace regulatory headwinds in Q4 2025? To get the latest update on Sol, visit our Solana currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
AVAX Price Prediction - What could affect AVAX's future price?
AVAX price prediction: AVAX faces mixed signals with bearish technicals offset by real-world adoption catalysts, suggesting volatile consolidation near $21.57 with a cautiously bullish mid-term outlook. - Real estate tokenization partnerships could drive institutional inflows. - Technical indicators show bearish momentum but key support holds. - Regulatory crackdowns on exchanges threaten liquidity $240B real estate tokenization with Bergen County/NJ municipalities creates tangible utility for AVAX as settlement currency FIFA subnet development (custom L1 blockchain) could onboard millions through sports NFTs/tickets by 2026 VanEck's Purposebuilt Fund launching June 2025 targets AVAX ecosystem projects, with $100M+ allocated to RWA verticals These initiatives position AVAX as a leader in institutional blockchain adoption – a key differentiator vs ETH/SOL's retail-heavy ecosystems. Critical support at $22.80 (362k wallets hold 21.65M AVAX) held through May's 9.98% price drop MACD divergence (-0.195 histogram) signals weakening momentum despite RSI 47.32 showing no oversold conditions Fibonacci retracement suggests $24.95 (23.6%) as immediate resistance – break could trigger rally to $26.75 swing high The 50-day SMA ($21.83) currently acts as dynamic support, but death cross risk persists with 200-day SMA at $29.40. Altcoin season index at 22/100 shows capital remains concentrated in BTC/ETH, limiting AVAX upside Thailand's exchange ban (effective June 28) removes 5 liquidity venues as AVAX volume surges 27% to $613M BlackRock's sBUIDL integration on Avalanche demonstrates institutional validation but exposes AVAX to traditional market correlations AVAX's price trajectory hinges on converting institutional partnerships into sustained on-chain activity while defending the $22 support zone. The MapleStory-driven transaction surge (+225% to 12.9M daily) shows retail engagement potential, but can Avalanche maintain developer momentum if BTC dominance climbs above 63%? AVAX price prediction remains mixed as Avalanche faces $25 resistance, with bullish technical setups clashing against bearish macro pressures, while institutional adoption—via VanEck's RWA fund and FIFA's blockchain partnership—adds long-term optimism. - Bullish drivers: VanEck's $100M RWA fund, FIFA subnet, +700% active users. - Bearish pressures: 9.5% price drop (24h), weak BTC dominance, low altcoin season index. - Key debate: Can AVAX sustain $22.8 support to retest $30? Traders are cautiously bullish on AVAX's technical setup but wary of broader market headwinds. The price fell 9.5% in 24 hours to $21.57 (May 30), erasing gains from its May 22 rally to $25.28. However, analysts note strong support at $22.8 (362k wallets holding 21.65M AVAX) and a bullish ascending triangle pattern targeting $30 if resistance breaks. Institutional adoption: VanEck's Purposebuilt fund (launching June 2025) targets Avalanche-based RWAs, while BlackRock's BUIDL treasury product uses AVAX for collateral. Gaming surge: MapleStory Universe drove 1.95M active addresses (May ATH) and 350K NFTs minted in 12 hours. DeFi innovation: XSY_fi's delta-neutral stablecoin UTY aims to reduce reliance on bridged assets, boosting AVAX-native liquidity. VanEck: Called Avalanche 'the institutional hub for RWAs' after launching its fund. Crypto Patel: Highlighted a multi-year breakout pattern with $282 long-term targets if AVAX holds $20. FIFA: Partnered to build a subnet for 250M+ gamers, signaling mainstream utility. AVAX's narrative balances institutional validation against shaky macro conditions, with $22.8 acting as a make-or-break level. Watch: Can FIFA's subnet and VanEck's fund offset Bitcoin's dominance (63%) to reignite altcoin momentum? To get the latest update on AVAX, visit our Avalanche currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Sign in to access your portfolio
Associated Press
a day ago
- Business
- Associated Press
Ripplecoin Mining Provides New Contracts in This Cloud Mining Era
Los Angeles, CA May 29, 2025 --( )-- No longer need to purchase expensive equipment, no longer worry about complex technology; Ripplecoin Mining's cloud mining allows ordinary people to participate in the passive income wave of cryptocurrency with a low threshold, especially with the return of the Bitcoin bull market and the re-activation of the market. About Ripplecoin Mining Ripplecoin Mining is a cloud mining platform in business since 2017. With advanced cloud computing technology and powerful mining capabilities, Ripplecoin Mining focuses on cryptocurrency cloud mining, providing all cryptocurrency enthusiasts with simpler, more efficient and more reliable mining solutions. Why choose Ripplecoin Mining? Ripplecoin Mining states that it trusted by more than 9 million users for global cloud mining for: - 100% clean energy mining (solar, hydro, wind) - Artificial intelligence scheduling system, more stable income - No hardware/technical threshold required, (newbies can also easily get started) - Daily automatic income settlement, available at any time. (Provide deposits and withdrawals of multiple cryptocurrencies: DOGE, BTC, ETH, SOL, XRP, USDC, LTC, USDT-TRC20, USDT-ERC20 and other cryptocurrencies) - Invitation rebate mechanism, whereby users can get up to 3%-4.5% lifetime referral rewards and up to $200,000 bonuses without investment. How to join Ripplecoin Mining: Just three simple steps Click " Register Now " and useres will get a $15 reward after successful registration. Sign in daily to get an additional $0.6 reward. 2. Choose a contract: Choose a suitable mining contract according to one's goals and budget. Ripplecoin Mining provides a variety of contract types. Whet a mining novice or an experienced veteran miner, users can find options that meet their needs. ▪Classic contract: investment amount: $100, total net profit: $100 + $6. ▪Classic contract: investment amount: $500, total net profit: $500 + $30. ▪Classic contract: investment amount: $3,000, total net profit: $3,000 + $589.5. ▪Classic contract: investment amount: $5,000, total net profit: $5,000 + $1,370. ▪Advanced contract: investment amount: $15,000, total net profit: $15,000 + $8452.5. ▪Super Contract: Investment Amount: USD 50,000, Total Net Profit: USD 50,000 + USD 26,400. For more contract plans, those interested may log in to the official website of the Ripple Mining Platform. 3. Start to make profits: After selecting and activating the contract, the system will run automatically. The company states that using advanced intelligent AI technology, it ensures that the mining process is efficient and maximizes profit potential. Ripplecoin Mining states that it allows every ordinary person to leverage the dividends of the encryption era. New users may register to receive a new user exclusive gift package and start accumulating their first Bitcoin. Visit the official website for more information: or ( click to download the mobile APP ). Contact Information: Ripplecoin Mining +447392025300 Contact via Email Read the full story here: Ripplecoin Mining Provides New Contracts in This Cloud Mining Era Press Release Distributed by
