Streetbeat News

Blockchain Crypto

HYPEUSD

Hyperliquid, a decentralized exchange, successfully prevented a sophisticated market manipulation scheme involving the meme coin JELLYJELLY. A trader attempted to exploit the platform's leverage system by creating massive price volatility, risking a $12 million loss. The exchange intervened by resetting the token's price, liquidating tokens, and ultimately turning a potential disaster into a $703K profit.

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March 27, 2025 | 5:30 am

BNB-USD

BNB is currently recovering from the $600 support zone and showing potential for upward movement. Technical indicators suggest a possible bullish trend, with resistance levels at $630 and potential targets up to $665 if key resistance points are breached.

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March 27, 2025 | 5:30 am

BTCUSD

GME

The cryptocurrency landscape is evolving with GameStop adding Bitcoin to its treasury and Fidelity exploring a potential stablecoin launch. This signals growing institutional interest in digital assets, with Bitcoin positioned as a long-term store of value and stablecoins emerging as serious financial instruments.

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March 27, 2025 | 5:15 am

ALTBG

BTCUSD

The Blockchain Group (ALTBG), a France-based technology company, has purchased an additional 580 Bitcoin worth $50.64 million, bringing its total Bitcoin treasury to 40 BTC. Since initiating its Bitcoin strategy in November, the company's stock price has dramatically increased by 225%, trading at €0.48. The purchase comes amid growing corporate interest in Bitcoin, with companies like GameStop also exploring cryptocurrency investments.

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March 27, 2025 | 4:45 am

XRPUSD

Ripple Labs has integrated DIA's Lumina oracle services platform for the XRP Ledger, promising enhanced transparency and trustless data processing for decentralized finance and real-world asset applications. The platform, set to launch on March 26, aims to provide verifiable, on-chain data feeds that challenge existing oracle models.

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March 27, 2025 | 4:45 am

ADA-USD

Cardano's ADA token is experiencing a prolonged consolidation period between $0.69 and $0.75, with technical indicators suggesting a potential breakout. A breach above $0.76 could trigger a 13% rally to $0.85. Notably, $13.75 million worth of ADA tokens have been withdrawn from exchanges, indicating potential whale accumulation and reduced selling pressure.

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March 27, 2025 | 4:30 am

XRPUSD

XRP experienced a price decline after failing to break through the $2.50 resistance zone. The cryptocurrency is currently trading below $2.420 and the 100-hourly Simple Moving Average, with technical indicators suggesting potential further downside.

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March 27, 2025 | 4:30 am

XRPUSD

President Trump signed an executive order to modernize the U.S. Treasury's payment system, potentially involving blockchain technology. While no definitive commitment to XRP was made, the order aims to combine 47 payment systems and reduce fraud through electronic payments.

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March 27, 2025 | 4:30 am

COIN

KRAKEN

A coalition of 34 crypto companies, including Kraken and Coinbase, has urged Congress to challenge the Department of Justice's expansive interpretation of money transmission laws. The group argues that the DOJ's current stance could criminalize blockchain developers and threatens US-based software development in the digital asset industry, particularly in light of recent charges against Tornado Cash and Samourai Wallet developers.

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March 27, 2025 | 4:30 am

DOGE-USD

Two crypto analysts, Rekt Capital and Henry, are highlighting a potential bullish setup for Dogecoin. The key price level to watch is $0.22, which could signal a significant breakout. Rekt Capital suggests a possible move towards $0.28-$0.338, while Henry points to a multi-month falling wedge pattern that historically preceded a 365% surge.

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March 27, 2025 | 4:15 am