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Crypto expert Ali Martinez has predicted that the Dogecoin price could be set for its next leg up in this market cycle. This prediction comes after new data showed whales bought 350 million DOGE in just 24 hours. Whale Accumulation Hints at Upward Trend For DOGE Price In a recent X post, crypto expert Ali
The post Dogecoin Price Set For Next Leg Up Amid 310M Whale Buying Spree, Predicts Analyst appeared first on CoinGape.
The post People Power Party Bets Big on Crypto to Win South Korean Election appeared first on Coinpedia Fintech News
Winning over young voters with crypto-friendly policies has become a proven political strategy, and Donald Trump’s successful playbook has not gone unnoticed. As South Korea gears up for a crucial presidential election, the ruling People Power Party (PPP) is taking a page from Trump’s book, positioning itself as the champion of digital innovation.
Let’s dive into the evolving landscape.
South Korea, a major Asian economic hub, is preparing for a high-stakes presidential election. The contest is primarily between the ruling People Power Party (PPP) and the opposition Democratic Party (DP).
According to recent polls, the Democratic Party currently leads with 47% support, while the PPP trails at 35%. In a bid to close the gap, the PPP is banking heavily on crypto reforms to win back disenchanted voters.
At the heart of the PPP’s campaign is a direct appeal to the country’s growing crypto community. The party has promised to abolish the controversial law that requires crypto exchanges to form exclusive partnerships with local banks—a regulation that has stifled competition and forced many smaller exchanges to shut down or limit their services.
But the promises don’t stop there. The PPP’s 2025 agenda outlines several major crypto initiatives, including:
By aggressively targeting regulatory barriers, the PPP aims to position South Korea as a global leader in digital assets.
While the Democratic Party hasn’t made sweeping crypto promises, it maintains a generally pro-crypto stance. Some leaders have floated the idea of establishing a national Bitcoin reserve, and the party has signaled its intention to reform South Korea’s existing crypto regulations.
However, their messaging is notably less aggressive compared to the PPP’s bold reform proposals.
Both major parties recognize the political power of younger voters, many of whom see cryptocurrencies as symbols of financial freedom and technological innovation. By embracing crypto narratives, South Korea’s political forces hope to win over a generation that could ultimately decide the fate of the 2025 election.
The post People Power Party Bets Big on Crypto to Win South Korean Election appeared first on Coinpedia Fintech News
Winning over young voters with crypto-friendly policies has become a proven political strategy, and Donald Trump’s successful playbook has not gone unnoticed. As South Korea gears up for a crucial presidential election, the ruling People Power Party (PPP) is taking a page from Trump’s book, positioning itself as the champion of digital innovation. Let’s dive …
The post Bitcoin Crash Coming Next Week? James Wynn’s $70M Short Position Says So appeared first on Coinpedia Fintech News
With Bitcoin hovering around $103,500, well-known crypto trader James Wynn has made a bold prediction: the crypto market is about to crash hard.
Wynn, who holds a $70 million short position on Bitcoin, warned on X (formerly Twitter) that rising tensions between Iran and Israel could spark a global crisis — possibly even World War 3 — if the U.S. gets involved.
“If the USA gets involved, that is a declaration of a world war. Markets will nuke,” Wynn wrote.
The crypto market is already under pressure. In the past 24 hours, more than $481 million worth of trades have been liquidated, according to Coinglass.
Wynn says this weakness is caused by a mix of global tension, low liquidity, and fading investor confidence.
Despite the panic, Wynn remains confident that crypto will bounce back — but only after a major drop.
He believes upcoming Federal Reserve interest rate cuts and money printing will push crypto into a new bull run later this year.
“Crypto will win. But lower, before higher,” he stated.
Still, for now, he’s doubling down on his bearish bet, increasing his $70 million short position.
Wynn’s decision has sparked major debate. Some see it as a smart hedge during uncertain times, while others think it may miss the mark if the market recovers quickly.
Meanwhile, the Federal Reserve is sending mixed signals — with one official hinting at rate cuts by July, while Fed Chair Jerome Powell advises caution.
With global tensions rising and crypto already facing massive liquidations, the market could be on the brink of a major move.
Will Wynn’s bold bet pay off — or will it mark the bottom before a massive rebound?
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Bitcoin Crash Coming Next Week? James Wynn’s $70M Short Position Says So appeared first on Coinpedia Fintech News
With Bitcoin hovering around $103,500, well-known crypto trader James Wynn has made a bold prediction: the crypto market is about to crash hard. Wynn, who holds a $70 million short position on Bitcoin, warned on X (formerly Twitter) that rising tensions between Iran and Israel could spark a global crisis — possibly even World War …
Cardano price is nearing a key technical milestone that may signal a shift in its price momentum. The cryptocurrency, currently priced at $0.6484, has shown a 2.45% decrease in the last 24 hours. However, technical indicators suggest that ADA price is heading towards its first “death cross” of 2025.
Cardano’s recent price action suggests that the 50-day simple moving average (SMA) is likely to cross below the 200-day SMA in the coming days. This crossover, known as the death cross, is typically seen as a bearish signal. As per our recent Cardano price analysis, should the death cross occur, ADA could dip 25%.
At the time of writing, the 50-day SMA stands at $0.74, while the 200-day SMA is at $0.734. As the 50-day SMA continues to decline, it indicates that the short-term momentum of Cardano is underperforming compared to its long-term trend. A death cross often leads to a further decline in price, although the extent of the drop can vary.
Despite the approaching death cross, it is important to note that such technical indicators are not always reliable predictors of future price action. While historical patterns may provide insight into market sentiment, they do not guarantee that prices will follow the same trajectory. This means that ADA price could experience a reversal even after the death cross forms, depending on other market factors.
ADA price has seen a notable decrease in Cardano price over the past week, with a 7.67% drop. After peaking at $1.19 in early March 2025, the coin has struggled to maintain its momentum, particularly as broader market concerns weigh on investor sentiment.
On top of this, Cardano’s trading volume has been decreasing. The daily trade volume has dropped by 58.72%, with just under $394 million traded in the last 24 hours. A decrease in trading volume typically suggests that market participants are losing interest or that there is waning demand for ADA.
Despite these challenges, there have been some positive developments surrounding Cardano. Charles Hoskinson, the co-founder of Cardano, recently confirmed that Ripple’s RLUSD stablecoin would be launching on the Cardano network. This news was met with some optimism, sparking interest in ADA. Additionally, Hoskinson teased the possibility of Cardano playing a role in Bitcoin’s decentralized finance (DeFi) ecosystem. These announcements could potentially help Cardano regain momentum, but for now, the technical indicators suggest a cautious outlook.
As Cardano approaches the death cross, the primary question is whether the price will continue its downward trend or if there will be a reversal. The chart shows a pattern of consolidation, with ADA price action fluctuating within certain support and resistance zones.
According to crypto analyst Seth fin, strong support is seen around the $0.6000–$0.6500 range, while resistance lies near the $0.7000–$0.7500 levels. If ADA fails to break through the resistance, the price could continue its decline towards these support zones.
One potential scenario is that price could experience a bounce if the Cardano price holds at these support levels, particularly the $0.6000 zone. This would signal that the market is still interested in buying ADA at lower prices. On the other hand, if the price fails to hold these support zones and breaks below them, further downside may follow, potentially leading to a retest of lower support zones in the $0.3000–$0.4000 range.
The post Cardano Approaching First Death Cross: What’s Next for ADA Price? appeared first on CoinGape.
