China News Daily Official TheBitTimes.com

VeChain (VET) is slowly recovering along with the rest of the crypto market after a slow start to 2025. The asset is currently curating a path to $0.13, according to several price predictions. VET’s price is down 4% in the daily charts, 12% in the weekly charts, and 6% in the past 30 days. However, it has remained up 59% since January of last year, after having a solid 2024. VET’s recent recovery could be due to increased inflows into crypto assets. Tuttle Capital has filed for 10 crypto-based exchange-traded funds. The ETFs include Official Trump (TRUMP) and Melania Meme (MELANIA), the coins released by the US President and the First Lady. Microstrategy is also raising capital to purchase more Bitcoin (BTC). The developments may have trickled into VET and other crypto altcoins. As VeChain often follows Bitcoin and the market sentiment, the market’s recovery could be a catalyst for VET’s bullish reversal. Altcoin season is set to kick off as soon as March 2025, when altcoin ...

The Pudgy Penguins price has slumped by 12% in the last 24 hours to trade at $0.03373 as of 7:20 p.m. EST on a 56% plunge in trading volume to $538 million. The recent drop in the PENGU price has positioned it as the top loser among the biggest cryptos by market capitalization, according to CoinGecko. Pudgy Penguins Price Signals A Bullish Reversal The PENGU/USD chart currently reveals significant support levels and key indicators that could shape its next price movement. The most critical support level is at $0.0316, which has been tested multiple times in the past and has consistently served as a reliable zone where buyers step in to prevent further declines. This level also aligns with the 200-period moving average (MA), a widely recognized indicator for long-term trend direction. Its overlap with this support zone makes it a robust area for potential reversals. In addition, there is a secondary support level at $0.0335, which aligns with previous consolidation phases where pric...