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The current Solana price is trading at $207 and has experienced a 5% growth in the past 24 hours, which means a strong market momentum. This move comes while the asset is in a bullish cup-and-handle breakout, which has been associated with long rallies. The breakout has renewed optimism among traders, who now aim for
The post Solana Price Targets $300 as CMB Fund Tokenization Sparks Cup-and-Handle Breakout appeared first on CoinGape.
Binance announced today that MGX, a sovereign wealth fund from Abu Dhabi, invested $2 billion in the company. The transaction happened entirely using stablecoins.
This is both the largest investment ever made in a crypto-related business and the largest investment ever made using cryptoassets. Binance didn’t specify which stablecoin was used, but the UAE has favored Tether products in the past.
The United Arab Emirates has recently been positioning itself as a crypto hub, and Abu Dhabi is a particular region of interest. MGX, an Abu Dhabi-based Web3 fund that has already made massive AI investments, has today announced a record investment in Binance.
Changpeng “CZ” Zhao, former CEO of Binance, also shared this news on X (formerly Twitter).
“MGX, an Abu Dhabi sovereign wealth fund, invests $2 billion in Binance for a minority stake. The transaction will be 100% in crypto (stablecoins), marking it the largest investment transaction done in crypto to date. This is also the first institutional investment Binance has taken. Onwards,Build!” CZ wrote.
Binance, the world’s largest crypto exchange, also corroborated these claims with its own press release. This MGX investment isn’t Binance’s first entanglement with Abu Dhabi, as the firm considered setting up a headquarters there.
However, in 2023, CEO Richard Teng scrapped its UAE license application, signaling a shift away from the nation.
Since then, however, interest has shifted back. The firm’s press release claimed that roughly one-fifth of its workforce is based in the UAE, for example.
Teng called the development a “significant milestone” and said Binance is “committed to working with regulators worldwide.” This MGX investment will likely increase economic ties in the region.
“We are excited to announce the first-ever institutional investment in Binance by MGX. This is a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance,” Binace annouced on X.
Also, Binance claimed that MGX made this $2 billion investment entirely in stablecoins. Last August, Tether launched a stablecoin pegged to the UAE’s currency, and Abu Dhabi subsequently recognized USDT as an Accepted Virtual Asset.
Binance’s announcements have been surprisingly light on the exact details of its future relationship with MGX.
However, they were very clear that it was a big deal. This marks the largest-ever investment in a crypto firm and the largest investment paid entirely in cryptocurrency. Wherever the partnership goes from here, it has already made history.
The post Abu Dhabi Invests a Record $2 Billion in Binance appeared first on BeInCrypto.
Onyxcoin (XCN) lost over 50% in February after a massive rally of nearly 2,000% between January 13 and January 26. Despite the ongoing decline, its recent indicators show mixed signals. RSI has stayed neutral for the past nine days, and ADX is pointing to a weakening downtrend.
XCN is currently trading between resistance at $0.017 and support at $0.0143, with EMA lines still reflecting a bearish trend. Whether the price moves higher or lower will depend on whether momentum returns or if selling pressure continues to push XCN toward lower support levels.
Onyxcoin has an RSI of 43.2, down from its recent high of 68.9 on March 2.
Since yesterday, it has been fluctuating between 45 and 46, maintaining a neutral position without clear upward or downward momentum.
RSI, or the Relative Strength Index, is a momentum indicator that measures the speed and magnitude of price movements on a scale from 0 to 100.
Readings above 70 indicate overbought conditions, suggesting a potential pullback, while readings below 30 signal oversold conditions, which could precede a rebound.
With XCN’s RSI at 43.2, the asset remains in neutral territory, where it has been since February 25.
A move above 50 could indicate growing bullish momentum, while a drop toward 30 may signal increasing selling pressure.
XCN’s ADX is 16.8, down from 36.6 three days ago, indicating a steady decline in trend strength. This drop suggests weakening momentum, aligning with XCN’s recent downtrend over the past few days.
The Average Directional Index (ADX) measures the strength of a trend on a scale from 0 to 100.
Readings above 25 typically indicate a strong trend, while values below 20 suggest weak or nonexistent trend momentum. With XCN’s ADX at 16.8, the current downtrend lacks strong conviction, meaning further downside may be limited unless momentum picks up again.
If ADX continues to decline, XCN could move into a consolidation phase rather than a sustained downward move.
After a historical surge in January, when XCN was one of the best-performing altcoins in the market, Onyxcoin’s price is now trading between resistance at $0.017 and support at $0.0143. Its EMA lines show a bearish trend as short-term EMAs remain below long-term ones.
If the ongoing downtrend continues, XCN could test the $0.0143 support level, and a break below that could push the price further down to $0.0134.
However, ADX indicates that the downtrend is weakening, which could open the door for a reversal.
If buying momentum returns, Onyxcoin could test resistance at $0.017, and a breakout above that level could send the price toward $0.022. A stronger recovery, similar to its momentum in January, could push XCN as high as $0.0264.
The post Onyxcoin (XCN) Prepares for a Potential Rebound After 50% Correction appeared first on BeInCrypto.
The post $1K in XRP Might Grow—But $1K in Ozak AI Could Explode to $100K appeared first on Coinpedia Fintech News
Investing $1,000 in XRP may deliver consistent gains through the years; however, putting the same quantity into Ozak AI could offer explosive returns, with the capability to develop into $100,000 if its ambitious roadmap performs well. While XRP makes a specialty of long-term utility in cross-border payments, Ozak AI is still in its early stages, supplying AI-powered trading gear and analytics with a large upside from its low presale rate. For traders searching for high-danger, excessive-reward opportunities, Ozak AI gives a much more aggressive growth trajectory as compared to hooked-up tokens like XRP.
Ripple’s XRP has remained one of the most talked-about altcoins in the crypto space, especially with its long-standing legal battle against the SEC now behind it. Investors are hopeful that regulatory clarity will unlock XRP’s true price potential. Predictions suggest XRP could hit anywhere between $2 and $7 in the next bull run, especially if institutional adoption of RippleNet increases.
If a user invested $1,000 in XRP today, they could see a 3x to 7x return depending on market conditions. That’s a solid investment in traditional terms, and for those looking for less volatility and a more conservative crypto play, XRP may seem attractive. However, for investors hunting for exponential gains—the kind that turn a modest investment into a life-changing return—XRP’s upside may not be enough.
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Ozak AI, a presale-stage crypto project that blends the hottest market trend—artificial intelligence—with real token utility. Currently priced at just $0.005, Ozak AI is in its 4th presale stage, having already raised over $1.5 million and sold more than 66 million tokens. With massive demand building and token supply diminishing, early adopters are positioning themselves for what could be one of 2025’s biggest ROI stories.
If Ozak AI hits $0.50, your $1,000 would turn into $100,000—a staggering 100x return. And that target may not be far-fetched. Analysts watching the AI-crypto crossover space believe that tokens combining utility, trend momentum, and community-driven adoption could see explosive runs once the bull market takes off.
Unlike many presale projects that promise vague roadmaps or lack real-world use, Ozak AI comes with a clear value proposition. Its ecosystem is built around AI prediction agents that provide actionable insights for crypto, forex, and equities. These agents can be activated using $OZ tokens, creating direct demand as more users adopt the platform.
Then there’s the Ozak Stream Network (OSN)—a real-time analytics hub offering premium data to traders and investors, accessible through $OZ. This dual utility creates a strong use-case loop, encouraging users not only to hold the token but also to actively spend and engage with it. On top of that, contributors to the platform can earn performance-based rewards in $OZ, turning the token into an incentive engine.
Better Tokenomics, Stronger Growth Outlook
One of the biggest challenges with crypto presales is token dumping post-launch. Ozak AI tackles this with smart vesting: only 10% of tokens unlock at TGE, followed by a 1-month cliff and a 6-month linear vesting period. This ensures price stability and long-term holder engagement.
Moreover, Ozak AI has already secured partnerships with a top-tier centralized exchange and a major Ethereum-based DEX, with listings to be announced 7–10 days before the TGE. This creates an even stronger launch scenario, allowing $OZ to hit the ground running with liquidity and visibility from day one.
If the user is a conservative investor who values regulation-friendly projects with slow but steady growth, XRP still has a place in their portfolio. But if you’re aiming for a high-risk, high-reward play with 100x potential, Ozak AI is the standout opportunity right now.
Investing $1,000 in XRP could potentially grow to $3,000 or $7,000 by 2025—a respectable return. But putting that same $1,000 into Ozak AI during the presale could realistically explode to $100,000, especially if the AI hype, strong utility, and token demand align post-launch. In crypto, timing is everything. And right now, the timing favors those who get in on Ozak AI before the masses do.
Ozak AI is a blockchain-based crypto task that provides an innovative platform that focuses on predictive AI and advanced data analytics for financial markets. Through machine learning algorithms and decentralized community technologies, Ozak AI enables real-time, accurate, and actionable insights to help crypto lovers and corporations make the perfect choices.
Website: https://ozak.ai/
Telegram: https://t.me/OzakAGI
Twitter: https://x.com/ozakagi
The post $1K in XRP Might Grow—But $1K in Ozak AI Could Explode to $100K appeared first on Coinpedia Fintech News
Investing $1,000 in XRP may deliver consistent gains through the years; however, putting the same quantity into Ozak AI could offer explosive returns, with the capability to develop into $100,000 if its ambitious roadmap performs well. While XRP makes a specialty of long-term utility in cross-border payments, Ozak AI is still in its early stages, …