BREAKING – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 08 Sep 2025 17:16:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 BREAKING – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 The XRP RSI remains bullish as support levels are retained, breaking prices above $3.6 https://earlybirdsinvest.com/the-xrp-rsi-remains-bullish-as-support-levels-are-retained-breaking-prices-above-3-6/ https://earlybirdsinvest.com/the-xrp-rsi-remains-bullish-as-support-levels-are-retained-breaking-prices-above-3-6/#respond Mon, 08 Sep 2025 17:16:29 +0000 https://earlybirdsinvest.com/the-xrp-rsi-remains-bullish-as-support-levels-are-retained-breaking-prices-above-3-6/

Despite recent Volatility and price fluctuationsXRP exceeds key support levels, with technical indicators suggesting possible breakouts. Daily time frames, especially Relative Strength Index (RSI)shows that the XRP Bull is regaining strength and paving the way for potential moves above $3.60.

RSI is bullish as XRP’s eyes are high

In his latest analysis of X social media, Crypto Market expert Dark Defender It’s attracting attention The price structure of that XRP is Stabilizes on top of the required support zonethe $2.85 level has emerged as a key point in the current cycle. The $2.85, previously identified as strong support, has been reversed to a barrier to resistance.

Related readings

A sustained push beyond this threshold could unlock a path to $3 or later, and ultimately sets a potential retest phase of the $3.6 resistance line. At the time of writing, the XRP costs $2.87. In other words, a surge above $3.60 represents a significant increase of over 25%.

XRP
Rebound on the Horizon | Source: Dark Defender Chart for x

On the daily charts, XRP is complete Corrective ABC Patternthe bounce from the recent 2.74 level indicates the beginning of a new upward wave. The RSI indicator is beginning to be upward Excessive conditionsthe momentum to purchase signaling updates. This bullish divergence strengthens the case of a Potential breakout rallyif the price maintains scaffolding above the retracement level of 23.6% and 38.2%.

Currently, momentum indicators suggest that the next target for XRP is in the $2.85 and $3 zones, which could increase if the volume supports movement. Dark Defender analysis still shows that XRP price action remains Slowly integrateits structure continues to match the bullish technical signal, further strengthening the expectations of upside down at a near stage.

Analysts will issue warnings as XRP Exchange reserves spikes

Crypto analyst Greg Miller has it announcement xThat XRP Exchange Reserves It has skyrocketed for the first time in a year – development, which is often interpreted as a sign Sales pressure. The sudden increase in reserves suggests that more tokens are being moved to the centralized platform, as investors may be preparing for liquidation.

Related readings

Cryptoquant’s chart reveals a clear difference between XRP exchange holdings and price action. Cryptocurrency consolidates the $2.7-$2.9 range, but reflects a sharp increase in reserves Investors are increasingly paying attention. Historically, similar trends have preceded price adjustments. Previous failure of XRP From the $2.74 level, make sure the bearish momentum isn’t completely dissipated.

According to Miller, the spike in reserves poses a significant risk in September. some Technical support upside breakouta fierce supply of exchanges can limit profits to the upper limit early and stall meaningful gatherings. Without a surge in demand to absorb the inflow, Miller argues that there is unlikely to recover to XRP over $3.

XRP
XRP Trading $2.91 on 1D Chart Source: XRPUSDT from cordingView.com

Getty Images Featured Images, Charts on tradingView.com

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Saucerswap Source Crypto Breaking Important Resistance in Nvidia-hedera Trade https://earlybirdsinvest.com/saucerswap-source-crypto-breaking-important-resistance-in-nvidia-hedera-trade/ https://earlybirdsinvest.com/saucerswap-source-crypto-breaking-important-resistance-in-nvidia-hedera-trade/#respond Tue, 15 Jul 2025 06:12:24 +0000 https://earlybirdsinvest.com/saucerswap-source-crypto-breaking-important-resistance-in-nvidia-hedera-trade/

Saucerswap Sauce Crypto jumped 70% in July 2025, defeating the key resistance for $0.43 in the Nvidia-Hedera deal. Defi TVL’s rise and buyback programme is driving demand.

Saucerswap, Hedera’s distributed exchange (DEX), topped the charts after surges by 30% over the weekend and riding high waves on daily charts.

As a source of governance tokens, Defillama data shows that total resistance in the locked (TVL) has risen at about $0.43, which is why it is so high.

By July 14, 2025, Saucerswap’s assets under management had reached nearly $70 million, further increasing its 2025 revenue.

Saucerswap Source Crypto jumps 70% in July 2025 and breaks key resistance at $0.43 amid Nvidia-hedera deal

(Source: Defilama’s Saucerswap TVL))

Source Cryptography will increase by 70% in July 2025

On the daily charts, Source (no data) Crypto is in a bullish breakout formation, and prices could continue to rise.

The recent surge has shown strong traders’ interest, accompanied by an increase in trading volume.

In July 2025 alone, sources were on the upward trend, increasing by more than 65% as buyers intervened, pushing tokens beyond their second quarter 2025 high.

The next viable target for optimistic traders is about $0.165, a 2024 high.

However, in order to retest this level, Saucerswap must control Dex’s trading; The best cipher to buyYou need to extend your profits and clear major resistance levels, including Solana and Ethereum.

Discovery: Next 1000x Ciphers: 10+ Ciphers tokens that could hit 1000X in 2025

Saucerswap tvl Rising

In the short to medium term, Saucerswap was able to see more inflows, further increasing revenue and fees. As of July 14, 2025, Defi TVL totaled over $127 million.

Most defi activity occurs in Ethereum, but Hedera lists profits. All Defi protocols on the platform manage nearly $120 million. This has been rising sharply since early July when TVL totaled just $73 million.

While Stader, a liquid staking platform, is the largest on TVL, Saucerswap controls Dex trading on Hedera.

Saucerswap Source Crypto jumps 70% in July 2025 and breaks key resistance at $0.43 amid Nvidia-hedera deal

(Source: Defilama))

Last month alone, Saucerswap Total TVL has risen by nearly 50%, reflecting a surge in token prices over the same period.

In line with rapid expansion above major resistance levels over the past two days, Saucerswap’s Dex volume has skyrocketed by nearly 300% of Hedera’s daily average volume.

Source Buyback Program

While increasing Defi activity in Hedera could drive demand, Dex is actively purchasing tokens from the secondary market.

In December 2024, Saucerswap Labs announced that it had purchased 122,045 sauces using a portion of its swap fee and HBAR staking rewards.

These tokens were distributed to source stakers in the Infinity Pool.

They bought more sauces in April 2025.

Increased token purchases have encouraged more liquidity providers to put funds into the pool, further increasing swap fees.

By purchasing tokens from circulating supplies, Saucerswap reduced the supply directly and puts upward pressure on prices.

Hbar Rally and Nvidia-Hedera trade

A rise in HBAR prices could potentially raise demand prices and lift.

Last month, HBAR rose nearly 70%, up 24% over the last 24 hours, lifting Hedera-based tokens containing sources. At this rate, Hbar surpassed several Top Solanamime Coin.

Hedera Hashgraph

price

Market capitalization

24 hours7d30D1Yeverytime

The rally is driven by news that Nvidia, one of the world’s most valuable companies, has integrated Hedera technology into a Blackwell chipset.

https://www.youtube.com/watch?v=nqgm4gy4a0a

In this agreement, Hedera provides a platform for logging calculations for the invariance and timestamps of Nvidia’s verifiable computation solutions.

This integration could attract more institutions to explore Hedera, boost network activity and, as a result, increase the volume of saucer wap trading.

Discover: 8 High-Risk High-Reward Codes for 2025

Saucerswap Source Crypto is surged in Nvidia-Hedera trading

  • Source Cryptography will increase by 70% in July 2025
  • Source breaks beyond 2Q2025 resistance
  • Rising crypto and Defi TVL driving demand
  • Nvidia integrated Hedera Tech, HBAR price is ro

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Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust–Report https://earlybirdsinvest.com/crypto-thefts-soar-to-2-billion-in-2025-breaking-records-and-trust-report/ https://earlybirdsinvest.com/crypto-thefts-soar-to-2-billion-in-2025-breaking-records-and-trust-report/#respond Wed, 02 Jul 2025 19:38:36 +0000 https://earlybirdsinvest.com/crypto-thefts-soar-to-2-billion-in-2025-breaking-records-and-trust-report/

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Crypto theft has hit a record in the first half of 2025. Over $2.1 billion vanished in at least 75 hacks and exploits. That total tops the previous H1 high set in 2022 by about 10% and almost matches every dollar stolen in all of 2024.

Major Theft Figures Revealed

According to a TRM Labs report, hackers walked off with roughly $2.1 billion between January and June. They struck 75 separate times. That breaches the H1 2022 mark by about 10% and nearly equals the full‑year haul from 2024. Losses hit over $100 million in January, April, May and June. Those months show this threat isn’t limited to a one‑off event.

Bybit Breach Overshadows All

The largest single loss was the $1.5 billion February breach at Dubai‑based Bybit exchange. That attack alone accounted for nearly 70% of losses this year. It set the average size of hacks to nearly $30 million, twice the $15 million H1 2024 average. Even excluding Bybit, heists in excess of $100 million continue to occur.

Crypto thieves have ramped up their illicit activity in 2025. Source: TRM Labs.

State Actors Driving Theft

According to analyses, North Korea‑linked groups are behind about $1.6 billion of all stolen funds so far. That’s roughly 70% of the total. Experts say these thefts feed into the country’s sanction‑evasion schemes and weapons programs.

At the same time, June 18 saw a roughly $90 million hack of Iran’s largest exchange, Nobitex. Security firms link that attack to Predatory Sparrow, a group said to work for Israel. They moved money into addresses with no private keys, hinting at a symbolic motive.

Total crypto market cap currently at $3.26 trillion. Chart: TradingView

Attack Methods And Security Steps

Reports show infrastructure hacks—like private‑key thefts, insider jobs and front‑end hits—accounted for over 80% of stolen funds in H1. Those breaches tend to be about 10 times larger than attacks on smart contracts.

Protocol exploits, such as flash‑loan and re‑entrancy bugs, made up another 12%. Smart contracts still carry risk, but they get patched faster than hidden back‑door or insider schemes.

Industry experts say the rise in state‑backed thefts calls for stronger measures. Cold storage should be the norm. Multi‑factor authentication must cover all critical accounts. Frequent audits are a must. Beyond those basics, teams need insider‑threat programs and social‑engineering training.

Global law enforcement, financial intelligence units and blockchain‑forensics firms like TRM Labs need to work closer than ever. Sharing alerts fast and tracing funds across borders can clamp down on these giant thefts. It’s a tall order, but as crypto grows more tied to national security, so does the need for a united defense.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Breaking: Ripple’s XRPL EVM Sidechain Mainnet is Now Live https://earlybirdsinvest.com/breaking-ripples-xrpl-evm-sidechain-mainnet-is-now-live/ https://earlybirdsinvest.com/breaking-ripples-xrpl-evm-sidechain-mainnet-is-now-live/#respond Mon, 30 Jun 2025 15:27:50 +0000 https://earlybirdsinvest.com/breaking-ripples-xrpl-evm-sidechain-mainnet-is-now-live/

According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet.

A few highlights of what this entails include:

  • Full EVM compatibility with Solidity, MetaMask, Hardhat, and more
  • PoA consensus and more than 25 validators
  • 3.4 seconds block time and over 1,000 TPS
  • XRP as a native gas token
  • Smart contract support via the Ethereum Virtual Machine

Speaking on the matter was David Schwartz, CTO at Ripple and the co-creator of the XRP Ledger, who said:

“The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications, while maintaining a connection to the XRPL’s efficiency. It extends the capabilities of the ecosystem without changing the fundamentals that make the XRPL reliable.”

What is the XRPL EVM Sidechain?

The XRPL EVM Sidechain brings forward a secure and fast side network that is connected to the main XRP Ledger through the Axelar bridge.

This provides greater optionality of users and even though it is technically its own separate network, it is directly compatible and native XRPL developers can benefit from its unique characteristics and broader institutional focus.

Some of the main features, besides the above, include:

  • It’s focused on compliance
  • It has a robust network of validators (mostly corporate)
  • The sidechain offers very fast block times compared to Ethereum’s native chain
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Bitcoin Bulls face a moment of make-up or breaking with $106,500 resistance – More https://earlybirdsinvest.com/bitcoin-bulls-face-a-moment-of-make-up-or-breaking-with-106500-resistance-more/ https://earlybirdsinvest.com/bitcoin-bulls-face-a-moment-of-make-up-or-breaking-with-106500-resistance-more/#respond Sun, 18 May 2025 18:04:57 +0000 https://earlybirdsinvest.com/bitcoin-bulls-face-a-moment-of-make-up-or-breaking-with-106500-resistance-more/ A popular digital asset analyst using the X Handle Crypto Patel says Bitcoin is retesting key price resistance in the currently priced region of $106,500. Based on the performance of the asset at this level, BTC investors could expect a bullish price continuation or a significant price draw.

After a surge of over $105,000 on May 12, Bitcoin remains bound by range and has not seen any major price movements since. But as demonstrated by the US BTC Spot ETF, bullish sentiment remains high, with another $2 billion net weekly investment of nearly $2 billion.

Bitcoin at the intersection: Can the Bulls push up to $120,000?

In a May 16th X post, Crypto Patel shares a brief technical analysis of Bitcoin price transfer, highlighting current key support and resistance levels. Bitcoin’s latest price profits show that it is retesting significant resistance over a price region with assets of $106,500, according to analysts. In particular, this resistance band has proven effective at inducing price rejections in December and January. If Bitcoin Bulls can order sufficient market demand to curb this price barrier, Crypto Patel predicts that it will maintain its current uptrend with an initial price target set at $120,000.

Bitcoin

Another price denial, on the other hand, could undermine current investors’ expectations. Because such negative developments mean that prices are just below the $90,000 support zone, just as low as $75,000, just as low as the current bottom of the market. This predicted correction suggests a potential 27.1% drop of 27.1% from current market prices despite current robust bullish sentiment.

Interestingly, the Relative Strength Index (RSI) shows that Bitcoin has immersed itself from the territory it recently acquired, supporting forecasts of imminent price adjustments. However, macroeconomic developments such as the 90-day tariff ceasefire between the US and China, as well as strong levels of institutional investment, have increased the likelihood of continuing bullish trends.

Bitcoin price forecast

At the time of pressing, Bitcoin was valued at $103,355 after a 1.62% decline last week. However, the assets’ monthly performance reflects a profit of 21.46%, indicating that most new market entrants are still profiting.

According to forecast site CONCODEX, investors show a high level of desire, as shown by the 74 Fear & Greed Index. Cincodex analysts predict that Bitcoin will reach $127,872 over the next five days, followed by a price adjustment that will bring the price back to around $111,616.

For long-term investments, analysts will reach Bitcoin valuations of $155,583 in three months and $148,167 in six months.

Bitcoin

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Breaking Down The New US Crypto Market Structure Bill Draft: 6 Key Insights https://earlybirdsinvest.com/breaking-down-the-new-us-crypto-market-structure-bill-draft-6-key-insights/ https://earlybirdsinvest.com/breaking-down-the-new-us-crypto-market-structure-bill-draft-6-key-insights/#respond Tue, 06 May 2025 12:08:07 +0000 https://earlybirdsinvest.com/breaking-down-the-new-us-crypto-market-structure-bill-draft-6-key-insights/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In line with US President Donald Trump’s regulatory agenda aimed at fostering innovation and broader adoption of cryptocurrencies in the country, Fox journalist Eleanor Terret has reported that a new market structure discussion draft from the House of Representatives aims to clarify the treatment of digital commodities.

Specifically, it asserts that transactions involving the sale of digital commodities will not be classified as securities, provided these transactions do not grant purchasers any ownership interest in the issuer’s business, profits, or assets. 

Proposed Legislation Seeks Clarity On Crypto Transactions

This proposed legislation indicates that if an individual buys or sells digital commodities on the secondary market—rather than directly from the issuer—the transaction will not automatically trigger US securities laws unless it confers some form of ownership or claim on the company’s profits or assets. This distinction is crucial for fostering a more favorable environment for crypto trading and investment.

The draft bill outlines several critical amendments to existing laws, particularly the Securities Investor Protection Act of 1970. Notably, it defines “investment contracts” in a manner that excludes certain digital commodities from being classified as securities. 

This means that secondary market transactions involving crypto assets may not be subject to the stringent regulations typically applied to securities under various acts, including the Securities Act of 1933 and the Investment Advisers Act of 1940.

VanEck’s Matthew Sigel Highlights Key Changes 

Matthew Sigel, head of digital asset research at asset management firm VanEck, summarized the implications of the draft bill by highlighting several key points. 

One major change is the removal of income and wealth limits for retail buyers, which opens the market to a broader audience. Additionally, the bill eliminates the need for accredited investor checks, simplifying access to investment opportunities in crypto assets

Another important aspect of the draft is the introduction of a clear decentralization test, which requires that no single entity has unilateral control over a digital commodity. Projects that do not meet this criterion will face scrutiny, as holders of more than 10% of the project must be disclosed while it remains centralized. 

The bill also provides exemptions for decentralized finance (DeFi) protocols, as long as they are non-custodial and do not exercise discretion over user funds.

Moreover, the draft defines stablecoins without categorizing them as securities, providing much-needed clarity for these increasingly popular digital assets. 

It also outlines an optional early registration path for issuers and emphasizes the need for joint rulemaking between the SEC and the Commodity Futures Trading Commission (CFTC), further signaling a collaborative approach to crypto regulation.

Crypto
The daily chart shows the total crypto market cap valuation at $2.8 trillion. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Trader Sees XRP Breaking Out of Bullish Reversal Pattern, Updates Outlook on Dogecoin, Solana and Cardano https://earlybirdsinvest.com/trader-sees-xrp-breaking-out-of-bullish-reversal-pattern-updates-outlook-on-dogecoin-solana-and-cardano/ https://earlybirdsinvest.com/trader-sees-xrp-breaking-out-of-bullish-reversal-pattern-updates-outlook-on-dogecoin-solana-and-cardano/#respond Thu, 01 May 2025 00:32:19 +0000 https://earlybirdsinvest.com/trader-sees-xrp-breaking-out-of-bullish-reversal-pattern-updates-outlook-on-dogecoin-solana-and-cardano/

A closely followed crypto analyst says XRP (XRP) looks poised to kick off a new uptrend after the payments altcoin broke out of a bullish reversal pattern.

Analyst Ali Martinez tells his 136,500 followers on the social media platform X that XRP can surge as high as 30% from current levels after breaking out of an inverse head-and-shoulders pattern.

The structure is typically considered bullish as it suggests that buyers are ready to step in without waiting for the asset’s price to revisit recent lows.

“XRP looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target between $2.70 and $2.90.”

Image
Source: Ali Martinez/X

At time of writing, XRP is worth $2.23.

Looking at the top memecoin Dogecoin, Martinez says that DOGE needs to recover a key price level to gather momentum and trigger a potential rally toward its record high.

“If Dogecoin DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest.”

Image
Source: Ali Martinez/X

At time of writing, DOGE is trading for $0.173.

Turning to the layer-1 protocol Solana, Martinez believes that SOL is forming a large bullish continuation pattern that could send the altcoin to an astronomically high price target above $3,500.

“Zooming out, Solana SOL appears to form a textbook-perfect cup and handle pattern!” 

Image
Source: Ali Martinez/X

At time of writing, SOL is trading at $145.

As for the fellow layer-1 protocol Cardano (ADA), the trader says the altcoin needs to take out the diagonal resistance of a descending channel to spark new rallies.

A descending channel suggests that an asset is in a downtrend as its price prints lower highs and lower lows.

“Cardano ADA is approaching a major test at $0.74. A breakout above this level could pave the way for a move toward $0.88.”

Image
Source: Ali Martinez/X

At time of writing, ADA is worth $0.694.

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Breaking: Doge creator Atsuko Sato announces the first-ever Doge Memorial Party. https://earlybirdsinvest.com/breaking-doge-creator-atsuko-sato-announces-the-first-ever-doge-memorial-party/ https://earlybirdsinvest.com/breaking-doge-creator-atsuko-sato-announces-the-first-ever-doge-memorial-party/#respond Mon, 28 Apr 2025 03:58:19 +0000 https://earlybirdsinvest.com/breaking-doge-creator-atsuko-sato-announces-the-first-ever-doge-memorial-party/ Doge fans unite! Atsuko Sato will announce the Heartfelt Doge Memorial event in Kabosu on May 24th. Learn how to participate in the celebration.

In a heartwarming announcement that has been causing excitement across the Doge and Crypto communities, Kabosu’s former owner, Atsuko Sato (Shiba Inu, who became the face of Dogecoin and the broader meme revolution), has revealed plans for a special Doge Anniversary event in Japan next month.

Doge fans unite! Atsuko Sato will announce the Heartfelt Doge Memorial event in Kabosu on May 24th. Learn how to participate in the celebration.

In writing on her blog today, Sato deeply reflected on the bittersweet emotions this season, the beauty of spring, the laughter of the family, and the first anniversary of Kabos’ death. And with that reflection comes a celebration.

Discover: Next 1000x Crypto – 12 coins that can be 1000x in 2025

Everything you need to know about Doge Memorial Event

On May 24, 2025, Sato and her friends will be holding a Cabos anniversary party at Sakura Gnome, a charming, dog-friendly park near Sakura Frusat Square in Chiba Prefecture. The event honors Cabos’ memories and provides a warm and welcoming space to remember all of their beloved pets who crossed the Rainbow Bridge last year.

“It’s going to be a very beautiful day,” Sato wrote. “Under the wide sky, as trees whisper in the wind, we remember with laughter to Kabos and all our precious friends. Everyone is welcomed – a dog, or none.”

The assembly is becoming more than just a monument. It is a pleasant tribute, blending memories with celebrations and in the true spirit of doge.

Fans, dog coin holders and meme culture enthusiasts around the world have already been bustling about the announcement, with many suggesting that the event could become an annual pilgrimage for doge enthusiasts around the world.

The organizers encourage anyone who wants to check out Instagram for more information about the full event posted by organizer Kaori Sakai (@f.kaori27).

For a generation that grew up smiling at Kabosu’s iconic “such an amazing” face, the event promises to be an emotional and uplifting moment.

Discover: Buy Now 12+ Hottest Crypto-Precels

Doge Price Analysis: Does Doge Memorial Event cause May Doge Price Rally?

When Atsuko Sato announces the news, Dogecoin is trading at a market price of $0.18 (representing a 24-hour change of -0.58%).

This occurs when Doge, alongside the wider meme market, forms a sophisticated frame double bottom support and shifts to upward resistance levels.

Currently, all eyes are at a price level of $0.20, which forms the nearest resistance level and keeps Doge prices down since March.

(dogeusdt)

Above this resistance level, Doge Price spikes to $0.26, a level marked at 200DMA (representing a 45% increase from here).

In fact, this kind of movement is unlikely, with Bitcoin currently targeting returns of over $100,000, with the Doge ETFS process in progress.

One thing we definitely know. Doge is forever. Lots of amazing. Very memories.

Stay tuned for the latest updates on this historic doge celebration!

Discovery: 17 The following cryptocurrency explodes in 2025: Experts’ cryptocurrency predictions and analysis

Post Break: Doge creator Atsuko Sato announces the first-ever Doge Memorial Party. It first appeared in 99 Bitcoin.

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Dogecoin Breaking These Levels Could Be The Catalyst For Next Bull Run, Analyst Says https://earlybirdsinvest.com/dogecoin-breaking-these-levels-could-be-the-catalyst-for-next-bull-run-analyst-says/ https://earlybirdsinvest.com/dogecoin-breaking-these-levels-could-be-the-catalyst-for-next-bull-run-analyst-says/#respond Wed, 02 Apr 2025 07:45:40 +0000 https://earlybirdsinvest.com/dogecoin-breaking-these-levels-could-be-the-catalyst-for-next-bull-run-analyst-says/ An analyst has pointed out two major Dogecoin resistance levels that could potentially pave the path to the next bull run for the memecoin’s price.

These Dogecoin Levels Stand Out In Terms Of On-Chain Resistance

In a new post on X, analyst Ali Martinez has discussed about the resistance walls present ahead for DOGE based on the UTXO Realized Price Distribution (URPD). The URPD is an on-chain metric created by the analytics firm Glassnode that tells us, in short, about the amount of supply that was bought at various levels that Dogecoin has visited in its history.

Coins are said to be ‘bought’ when they become involved in a transaction on the blockchain. As such, the URPD records the price at the time of any coin’s last transaction as its cost basis.

Now, here is the chart shared by the analyst that shows how the Dogecoin URPD is looking right now:

Dogecoin URPD

As is visible in the above graph, the largest supply wall that Dogecoin has is present around the $0.07 level, where over 20% of all coins in circulation were last transacted. Given that the DOGE price is currently trading far above this level, all of this supply would be sitting on a notable profit.

Generally, when the cryptocurrency’s price retests the cost basis of investors who were in profit just before, the holders may react by accumulating more if the mood in the market is bullish. This is because of the fact that they may be inclined to think the same level would end up being profitable again in the future, so the retest would look like a ‘dip‘ opportunity.

Similarly, when the retest occurs from the opposite direction, investors can react by selling instead, as they may fear that the asset would fall back again, so this could be their opportunity to at least exit with their entire investment back.

From the chart, it’s visible that in terms of the loss levels of Dogecoin, two currently stick out for their size: $0.18 and $0.21. The former hosts the acquisition level of around 8% of the supply, while the latter that of 7%.

Considering the significant amount of supply present at them, the levels could act as major resistance barriers due to the selling effect explained earlier. If DOGE can cross these levels, however, there are no other supply walls as large in sight. “Breaking through both could be the catalyst for the next major bull rally,” notes Martinez.

DOGE Price

Dogecoin made an attempt at recovery last week, but the memecoin’s price has since returned to its baseline as it’s now trading around $0.17.

Dogecoin Price Chart

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Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In https://earlybirdsinvest.com/is-ethereum-breaking-free-from-the-bear-trap-analysts-weigh-in/ https://earlybirdsinvest.com/is-ethereum-breaking-free-from-the-bear-trap-analysts-weigh-in/#respond Thu, 20 Mar 2025 08:15:47 +0000 https://earlybirdsinvest.com/is-ethereum-breaking-free-from-the-bear-trap-analysts-weigh-in/

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According to an X post by crypto analyst CryptoGoos, Ethereum (ETH) may be nearing the end of a bear trap. The analyst predicts that the cryptocurrency could surge past its recent range high of $4,000, potentially eyeing a new all-time high (ATH) of $10,000.

Ethereum Breaking Out Of The Bear Trap?

Ethereum appears poised to break free from a potential bear trap, as the second-largest cryptocurrency by market cap continues to trade in the low $2,000 range after enduring a strong sell-off since December 2024.

Related Reading

For the uninitiated, a bear trap refers to a false signal that makes it seem like an asset’s price is continuing to fall, tempting traders to short it – only for the price to suddenly reverse and rise, causing those short positions to get liquidated.

In a recent X post, CryptoGoos emphasized that ETH may be nearing the end of such a trap. The analyst shared an ETH weekly chart illustrating how the cryptocurrency could be on the brink of a trend reversal after months of relentless sell-offs.

goos
Source: CryptoGoos on X

Fellow crypto analyst Merlijn The Trader echoed CryptoGoos’ sentiment, highlighting similarities between ETH’s current price action and patterns seen in 2020. He noted that the last time this setup emerged, “panic turned into a historic rally.”

merlijn
Source: Merlijn The Trader on X

Crypto investor Rekt Capital also weighed in, pointing out that Ethereum is trading within a “historical demand area.” The investor stated:

If price can generate a strong enough reaction here, then #ETH will be able to reclaim the $2196-$3900 Macro Range (black). If ETH does this before the March Monthly Close, then this entire sub-$2200 downside would end up as a downside wick.

rekt
Source: Rekt Capital on X

ETH About To Exit Accumulation Phase

Seasoned crypto commentator Ted shared a chart indicating that ETH has broken out of its short-term accumulation phase. He explained that the digital asset has been in accumulation since its drop from $3,000 to $1,800. Ted added that sustained price action above $2,000 could ignite a significant price rally.

ted
Source: Ted on X

Noted analyst Daan Crypto Trades revealed that he recently converted some of his long-term Bitcoin (BTC) holdings into ETH for the “first time in years.” He cited the current ETH/BTC trading pair as presenting an attractive risk/reward setup.

Related Reading

Beyond bullish price action, several technical indicators are signaling a potential ETH rally in the near term. Notably, ETH’s weekly Relative Strength Index (RSI) recently hit a multi-year low – a sign that a trend reversal could be imminent.

However, rising ETH reserves on crypto exchanges remain a point of caution, as they could suppress bullish momentum if investors opt to sell. At press time, ETH trades at $2,029, up 7.8% in the past 24 hours.

ethereum
ETH trades at $2,029 on the daily chart | Source: ETHUSDT on TradingView.com

Featured image from Unsplash, charts from X and Tradingview.com

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