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3 Altcoins That Could Hit All-Time Highs In February Third Week

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KITE Price Analysis.

Capital is rotating into select mid-cap altcoins as momentum builds near critical technical levels. Several names are compressing just beneath record highs, while others are stabilizing after shallow pullbacks with trend structure still intact. 

Thus, BeInCrypto has analysed three such altcoins that could form new all-time highs in the third week of February.

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Kite (KITE)

KITE is among the closest altcoins to retest its recent all-time high of $0.242. The token is trading less than 17% below that peak. Strong short-term momentum has kept KITE within reach of record levels, reflecting sustained trader interest and speculative demand in the broader altcoin market.

The Chaikin Money Flow indicator shows a slight downtick but remains above the zero line. This suggests capital inflows are still present despite cooling momentum. Continued buying pressure could help KITE break above $0.242. A confirmed breakout may push the altcoin toward $0.270, establishing a new high.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

KITE Price Analysis.
KITE Price Analysis. Source: TradingView

However, profit-taking remains a key risk near record levels. If investors begin exiting positions, downside pressure could increase quickly. A drop below the $0.207 support level would weaken the bullish structure. Further selling could drive KITE toward $0.163, invalidating the current upside thesis.

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Rain (RAIN)

Another altcoin poised for new all-time highs in the coming week is Rain. Despite a recent price dip, the altcoin has preserved a bullish structure. The Ichimoku Cloud indicator continues to show supportive momentum, signaling that trend strength remains intact within the broader cryptocurrency market.

Sustained buying pressure could drive RAIN back toward its $0.0110 all-time high. The token currently trades about 12.5% below that level. A decisive breakout above $0.0110 would confirm continued strength. That move could push RAIN toward $0.0113, establishing a fresh record high.

RAIN Price Analysis.
RAIN Price Analysis. Source: TradingView

However, technical momentum must remain stable to support further upside. If buying interest weakens, downside risk could increase. A decline toward the $0.0097 support level would signal fading bullish control. Breaking that level would invalidate the current bullish thesis and shift sentiment bearish.

Stable (STABLE)

STABLE has emerged as one of the stronger-performing altcoins this week, advancing 45% over the period. The token now trades roughly 21% below its all-time high of $0.0325. Sustained momentum has strengthened bullish sentiment, positioning STABLE within reach of record price levels.

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The Money Flow Index remains above the neutral 50.0 mark, signaling active buying pressure. Positive capital inflows suggest demand continues to outpace supply. If accumulation persists, STABLE could break above $0.0325. A confirmed breakout may extend gains toward $0.0368, establishing a new all-time high.

STABLE Price Analysis.
STABLE Price Analysis. Source: TradingView

However, short-term holders may begin locking in profits after the recent rally. Increased selling activity could weaken upward momentum. A pullback toward $0.0225 would indicate cooling demand. Further downside toward $0.0189 would invalidate the current bullish outlook.

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Crypto World

Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

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Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

TLDR

  • Nexo is relaunching its crypto services in the United States after more than three years of absence.
  • The platform will offer yield programs, a spot exchange, and crypto-backed credit lines to US users.
  • Nexo has partnered with Bakkt to provide the trading infrastructure for its US operations.
  • The company’s return is driven by improved regulatory clarity for digital assets in the US.
  • Nexo’s new US operations will be based in Florida and run by an announced management team.

Crypto platform Nexo is set to return to the United States after more than three years. The company paused its operations in 2022 due to regulatory concerns. Now, with clearer guidelines in place, Nexo aims to offer crypto services including yield programs, a spot exchange, and more.

Nexo Partners with Bakkt for Trading Infrastructure

Nexo’s trading infrastructure will be powered by Bakkt, a US-based digital asset platform. Bakkt primarily serves institutional clients but will help Nexo build its new US offering. Eleonor Genova, Nexo’s head of communications, confirmed that the platform will provide both flexible and fixed-term yield programs.

The platform will also feature crypto-backed credit lines and a loyalty program for US customers. Nexo’s management team will operate the new venture from Florida, with plans to announce the team soon. Genova emphasized that all services will be offered through partnerships with licensed US providers.

After leaving the US market in late 2022, Nexo now sees improved regulatory clarity for digital assets in the country. The company originally withdrew due to what it called an unfriendly regulatory environment under former SEC chair Gary Gensler. Nexo’s “Crypto Earn” program, which lets users earn interest on their crypto holdings, was a key issue in the company’s exit.

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Nexo settled with the SEC in 2023, agreeing to pay $45 million for failing to register its interest-bearing program. The company later shut down the program for US users, marking the end of its earlier US operations. Despite these setbacks, Nexo now believes the regulatory landscape is more favorable for blockchain businesses.

Nexo’s Relaunch and US Crypto Regulatory Landscape

Nexo’s return comes as the US continues to work on crypto regulations. The House recently passed the CLARITY Act, but the Senate has yet to move it forward. Patrick Witt, a White House crypto advisor, called for compromises to pass crypto-related legislation before the 2024 elections.

This renewed effort to regulate crypto coincides with Nexo’s own regulatory framework. Genova stated that the new US operations are compliant with US securities laws. The company hopes to provide a stable platform for crypto users amid ongoing regulatory discussions.

Nexo’s rebooted platform will rely on third-party advisory services registered with the SEC. This ensures that the services offered are in line with applicable securities laws. The crypto exchange aims to establish itself as a trusted platform for US users after its previous exit.

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Crypto World

Nexo Relaunches Crypto Platform in the United States

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SEC, United States, Nexo

Nexo is set to relaunch its digital asset services and crypto exchange platform in the US on Monday, more than three years after it left the market following battles with federal and state regulators.

Now, citing improved regulatory clarity for digital assets in the US, the rebooted Nexo platform will offer flexible and fixed-term yield programs, a spot cryptocurrency exchange, crypto-backed credit lines and a loyalty program for US users, Nexo head of communications Eleonor Genova told Cointelegraph.

The platform’s trading infrastructure will be provided by Bakkt, a US-based digital asset platform focused on serving institutional clients. Genova said:

“Nexo’s US offering is structured through partnerships with appropriately licensed US service providers. Certain services are made available via a third-party Securities and Exchange Commission-registered (SEC) investment adviser, which provides advisory services under applicable US securities laws.”

SEC, United States, Nexo
Current SEC Chair Paul Atkins testifies to Congress. The SEC has made a pro-crypto regulatory pivot under Atkins’ leadership. Source: US House Committee on Financial Services

The new US operations will be based in Florida and run by a management team to be announced soon, according to the company.

Nexo first announced plans to re-enter the US during an exclusive event in April 2025, which featured Donald Trump Jr., the son of US President Donald Trump, as a keynote speaker. At the event, Trump Jr. described crypto as the future of finance.

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Related: Nexo to pay $500K fine to California regulator over ‘risky loans’

2022 exit cited regulatory uncertainty under Gensler regime

Nexo left the US market in December 2022 during the depths of the crypto bear market, citing the hostile regulatory posture toward the crypto industry under the leadership of former SEC chair Gary Gensler.

SEC, United States, Nexo
Source: Nexo

The company said it had decided to exit the US out of necessity after engaging in “good faith” conversations with US state and federal regulators over 18 months that did not move the needle.

“It is now unfortunately clear to us that despite rhetoric to the contrary, the US refuses to provide a path forward for enabling blockchain businesses,” the company said at the time.

Nexo’s “Crypto Earn” program, which allowed users to earn compounding interest on select cryptocurrencies loaned to the platform, was a major point of contention between the SEC and the company.

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In January 2023, Nexo agreed to a $45 million settlement with the SEC over failing to register its interest-bearing crypto rewards program with the regulator. The company also settled a $22.5 million multi-state securities settlement related to the earn interest program.

The company shuttered its Crypto Earn program for US users one month later.

Washington mulls crypto “clarity”

Nexo’s market reentry comes amid efforts in Washington to pass a bill defining how US market regulators will police crypto. The House passed a similar bill, the CLARITY Act, in July, but the effort has stalled as the Senate Banking Committee has yet to gather enough bipartisan support to advance it.

White House crypto adviser Patrick Witt said on Friday that both sides must compromise on the issue and push for passage before November’s midterm elections. Contributing to the stalemate are concerns voiced by crypto industry executives, which US Treasury Secretary Scott Bessent believes have negatively impacted the industry, he told CNBC on Friday.

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A White House-brokered meeting last week between crypto and banking industry representatives to reach an agreement on stablecoin provisions in the market structure bill was described as “productive,” but remains unresolved. 

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