Altcoins Recover, Make Bigger Highs And Lows

By: bitcoin ethereum news|2025/05/14 22:00:12
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This week, the best-performing altcoins have resumed a positive trend. Cryptocurrencies have started a rise above the moving average lines in anticipation of the resumption of the positive trend. dogwifhat The price of dogwifhat (WIF) has recovered from its slump by rising above the moving average lines. The cryptocurrency has risen from a low of $0.30 to a high of $1.32. The altcoin is currently trading above the support level of $1.10. Buyers have not been able to sustain the bullish momentum above the $1.20 level. Since January 25, buyers have been unable to break through resistance at $1.20. The extended candle wicks indicate considerable selling pressure at the recent high. Meanwhile, the altcoin is bouncing off near its recent high. WIF is the top-performing coin. It has the following qualities: The current price: $1.16 Market capitalization: $1,163,336,193.08 Trading volume: $1,048,868,911.07 7-day gain: 117.132% Pepe The price of Pepe (PEPE) has continued to rise and remains above the moving average lines. The altcoin rose to a high of $0.000015394 before falling back below the $0.00001450 support. The altcoin’s uptrend has stalled as it trades below the $0.00001450 level. Pepe has stopped below its historical price level of January 31. Buyers have failed to break through the $0.00001450 barrier. There are long candlestick wicks pointing above the $0.00001500 high, signaling significant selling pressure. PEPE is the second best performing coin. The current price: $0.00001390 Market capitalization: $5,851,145,234.96 Trading volume: $1,993,106,080.06 7–day gain : 78.77% Brett (Based) Brett (Based) (BRETT) is now in an uptrend. The price of the cryptocurrency is showing a pattern of higher highs and higher lows. The altcoin rose to a high of $0.090 before falling back. Today, BRETT has resumed its uptrend. A break above the $0.090 mark will propel the coin to a high of $0.13. The altcoin is currently trading above the $0.070 support level. BRETT is the third best performing coin. The current price: $0.08228 Market capitalization: $814,881,495.22 Trading volume: $55,904,671.18 7-day gain: 57.26% SPX6900 SPX6900 (SPX) price fluctuated above the $0.25 support before recovering above the moving average lines. SPX rose to a high of $1.03 but is now trading below the $0.90 level. In other words, the altcoin is trading above the moving average lines but below the $0.90 resistance level. If the altcoin breaks above the $0.90 level, the market will reach a high of $1.58. SPX6900 is the fourth largest cryptocurrency. The current price: $0.8160 Market capitalization: $760,452,197.48 Trading volume: $33,693,220.58 7–day gain : 54.54% Ethena Ethena (ENA) has broken and retested its moving average lines. The price of the cryptocurrency is making major highs and lows while staying above the moving average lines. The altcoin reached a high of $0.45 before resuming its downtrend. Since March 25, the $0.45 barrier has halted the uptrend. ENA will reach a high of $0.50 if the current barrier is broken. In the meantime, the stock is retesting the existing barrier to move higher. ENA is the fifth best performing altcoin. The current price: $0.4361 Market capitalization: $2,538,517,976.85 Trading volume: $444,287,806.69 7–day gain : 45.96% Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds. Source: https://coinidol.com/weekly-altcoins-recover-make-bigger/

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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