The Cetus hack on the Sui blockchain resulted in a loss of $223 million after hackers exploited a security flaw in the protocol’s smart contract code. Following this breach, the Sui Foundation announced it would provide a secured loan to Cetus, enabling the protocol to fully compensate users affected by the stolen funds. This loan forms part of a larger recovery strategy aimed at covering losses that Cetus could not handle alone. Sui Foundation to Support Cetus Hack Recovery The Sui Foundation’s loan is designed to help Cetus cover the stolen assets that have been bridged off the Sui blockchain. Cetus will combine these loan proceeds with its treasury funds to cover the total loss caused by the hack. According to a recent post on X by Cetus, this loan is a crucial step to enable a 100% recovery for users affected by the Cetus hack, assuming the locked funds… Read More at Coingape.com
After weeks-long bearish trend, the crypto market is showing good signs of recovery, especially as the Bitcoin price regained support above $90k. Although the prime days are yet pending, the macroeconomic events like the Trump tariff pause and the potential Russia-Ukraine peace deal could bring positive results. Let’s discuss.
Crypto Market Trends Recover amid Russia-Ukraine War End Anticipation
Donald Trump’s election win acted as the biggest bullish trend for the crypto market. Bitcoin and altcoin grew multipfolds, reaching new highs. However, the inauguration and past events like Trump’s tariff introduction brought bears’ dominance, crashing the digital assets.
Only now have the trends begun to return, resulting in crypto price rallies. The US-China trade war pause and Trump’s push for the Ukraine-Russia peace deal are influencing the recovery.
As a result, the Bitcoin price surged to $94.3k, making it the 5th biggest asset in the world, and the total market cap reached $2.97T. Moreover, the cryptocurrency market sentiment recovered to neutral from fear, but there’s more to go.
This could be just the start of the massive bull run, which is due amid these macroeconomic events. However, Trump claims that Ukraine and Russia are “very close to a deal,” per BBC reports.
Donald Trump Meets Ukrainian Prime Minister
During his campaign era, Donald Trump claimed that he could end the Ukraine-Russia war quickly, but later called it a joke. Notably, the plan seems to be in action as Steve Witkoff recently met Putin in Moscow and discussed Washington’s peace plan. Trump revealed that the major points are agreed upon, but the details are still missing.
Now, before the Pope Francis funeral in Rome on Saturday, Trump met Zleneskyy privately at St. Peter’s Basilica for 15 minutes. Both sides have revealed the meeting to be ‘very productive.’ Interestingly, this was their first meeting since February’s white house tension.
This confirms that the Ukraine-Russia peace deal is in process, but the Trump administration also hints that they could walk away if talks fail soon.
Crypto Market Reaction Would Be Bullish If the Russia-Ukraine War Ends
The cryptocurrency market crashed with the Russia-Ukraine war, which started in the 2000s, but escalated in 2021. BTC price crashed below $35k from $43k, and the rest of the altcoins tumbled severely, driving the investor’s fearful sentiments. An opposite reaction could come with the Russia-Ukraine peace deal.
Experts claim that the peace agreement would boost investor confidence, pushing the Bitcoin price to $120k and higher. The war’s end would bring a serious bullish crypto market trend, especially as the SEC seems to favor crypto regulation, adoption is rising, and much more. However, such Bitcoin price predictions are just anticipated; the results may vary.
When there’s an altcoin bull market, returns can be astronomical if you position yourself with the right, undervalued crypto. In this article, we’ll look at three alts that we think could perform exponentially. New token Remittix, whose presale has taken the market by storm. Also, older and more established altcoins Cardano and Dogecoin, both of which have potential as mainstream adoption continues. All three have great potential, but let’s see why.
Remittix Set to Explode Higher as Presale Success Generates Market Excitement
Remittix is already one of the most exciting projects in crypto right, while its presale is still ongoing. Since launching at just $0.015, $RTX has skyrocketed over 400% and has a local price of $0.0781, at time of writing.
With over $15.3 million raised and growing investor interest, Remittix is being touted as a market leader after it launches its mainnet. But what is it about Remittix that’s caught so much attention so early?
The platform is built using a PayFi protocol, which enables users to send crypto to a bank account. Over 40 different cryptocurrencies and 30 different fiat currencies are available and with no FX fees, it’s cheaper and faster, making Remittix a more efficient option compared with existing payment solutions.
With its mainnet launch on the horizon, excitement is building. Analysts have been bullish since it was first announced, but the presale has exceeded all expectations. As the presale nears its final stages, Remittix could be a powerful force in the next wave of crypto adoption, and with it being so early, it could be at least 50X from here.
Cardano Could Explode Higher as it Integrates Bitcoin DeFi
Cardano is beginning to gain traction ahead of its May 27 update, which will enable Bitcoin DeFi integration. This is expected to make Cardano a serious player in the DeFi space. Founder Charles Hoskinson confirmed, “Taproot enables Bitcoin to generate yields, unlocking new revenue paths for holders.”
This integration will make Cardano a bridge between Bitcoin and smart contracts, which could attract billions in BTC liquidity. The price is responding, as we can see on the daily chart: ADA has formed a textbook Cup and Handle pattern, suggesting continued upside.
The SEC has postponed its ruling on Grayscale’s proposed Dogecoin Trust ETF, citing ongoing caution around altcoins and memecoins. Despite this, however, Dogecoin’s technical setup remains bullish and has broken above a year-long trendline, which could mean a possible long-term trend reversal.
DOGE currently holds support at $0.217, with short-term targets at $0.27 and $0.30 within sight. Resistance could hit toward $0.35 and $0.45, but if the market remains bullish, then the Dogecoin price could rip.
Conclusion
When alt season kicks in, it’s time to strap in and enjoy the ride. Unlike previous cycles, not every altcoin will rip so making sure you’re positioned with something that offers utility is essential.
Remittix is what DeFi has long promised and is exciting for any investor. Cardano could be the platform that handles Bitcoin DeFi and if it does, then the price might be dwarfed by the cycle peak. Also, never write off Dogecoin because although memecoins are infamous for their lack of utility, Dogecoin boasts brand recognition, which plays a big role in the memecoin space.
Discover the future of PayFi with Remittix by checking out their presale here:
The post 3 Undervalued Cryptos Set To Skyrocket: Cardano, Remittix and Dogecoin appeared first on Coinpedia Fintech News
When there’s an altcoin bull market, returns can be astronomical if you position yourself with the right, undervalued crypto. In this article, we’ll look at three alts that we think could perform exponentially. New token Remittix, whose presale has taken the market by storm. Also, older and more established altcoins Cardano and Dogecoin, both of …
Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others.
TRX Defies Bearish Trend and Outperforms BTC and ETH
The upside rally and price surge in TRX occurred after billionaire and Tron founder Justin Sun made a major announcement. Today, in a post on X (formerly Twitter), Sun stated, “TRX will be soon on Solana. Ready to buy and collaborate.”
It appears that this collaboration with Solana aims to enhance cross-chain transactions with SOL and other meme coins while leveraging Solana’s fast and low-cost network to improve overall efficiency.
TRX will be soon on solana. Ready to buy and collaborate
Sun’s announcement, amid the current market sentiment, helped TRX recover its losses, turn bullish, and sustain its upside momentum. The asset is currently trading near $0.238, recording a price surge of over 8.50% in the past 24 hours.
Additionally, following this announcement, trader and investor participation skyrocketed, leading to a 25% surge in trading volume.
Tron (TRX) Technical Analysis and Upcoming Levels
According to CoinPedia’s technical analysis, TRX appears bullish, and with the ongoing rally, it has regained one of its crucial support levels at $0.22 while moving toward the resistance level of $0.25.
The TRX daily chart shows that the asset was previously trading within a tight range between $0.2185 and $0.25. However, given the recent price rally and Sun’s announcement, it appears that the bulls are back, and the asset is poised to continue its upside momentum until it reaches the $0.25 level.
Source: Trading View
Additionally, during the recent price drop, the asset successfully retested the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that it remains in an uptrend.
The post TRX Poised to Hit $0.25, Is Solana Integration Fuel the Rally? appeared first on Coinpedia Fintech News
Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others. TRX Defies Bearish …