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Cryptocurrency News
Coin Telegraph
2w
361
Image Credit: Coin Telegraph
'Very possible' Bitcoin consolidates for 8 months again: 10x Research
- 10x Research's head crypto researcher, Markus Thielen, believes it is 'very possible' that Bitcoin could consolidate for 8 months again, similar to its price action in 2024.
- Thielen points out that Bitcoin's current chart signals market indecision and resembles a 'High and Tight Flag' pattern, indicating weakness.
- The spot Bitcoin exchange-traded fund (ETF) market shows no signs of a 'buy-the-dip' mentality, with little incentive to take advantage of Bitcoin's recent price dip.
- Bitcoin is currently trading at $84,290, representing a 23% decline from its January all-time high of $109,000.
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Coinpedia
2w
34
Image Credit: Coinpedia
Dogecoin (DOGE) vs. BinoFi (BINO) – Why Major Investors are Choosing Utility Over Viral Trends
- Dogecoin (DOGE) gained fame through humor and celebrity endorsements, but lacks lasting value as it relies on virality and public sentiment.
- BinoFi (BINO) stands out by addressing real market needs with innovative technology, offering growth opportunities beyond superficial trends.
- BinoFi's hybrid exchange model combines liquidity and speed of centralized exchanges with the transparency and security of decentralized exchanges, setting it apart from Dogecoin.
- BinoFi offers cross-chain trading, gasless transactions, and advanced security features to optimize investor experience, while Dogecoin lacks these capabilities.
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2 Likes
TheNewsCrypto
2w
56
Image Credit: TheNewsCrypto
Ethereum Predicted To Hit $8k; Experts Identify DeFi Coin Set To Take Over From Ripple
- A top crypto analyst predicts that the Ethereum price might rally to $8k in the long term.
- DTX Exchange (DTX) is gaining popularity as a potential rival to Ripple in the DeFi space.
- The Ethereum price faces a strong resistance around $2,250-$2,610, but analysts predict a potential surge to $8k.
- DTX Exchange (DTX) has raised over $15.9 million in funding and offers a trading platform for cryptocurrencies, forex, stocks, and ETFs.
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3 Likes
TheNewsCrypto
2w
169
Image Credit: TheNewsCrypto
Bitcoin Persists Against Bears to Reach the $84K Resistance, Is $90K In Sight?
- Bitcoin has seen a 2.98% price increase in the last 24 hours and reached the $84K range.
- Brazil plans to pitch crypto adoption to the BRICS nations.
- Bitcoin's technical indicators show mixed signals, but if its positive momentum continues, it might reach $90K.
- VanEck has applied for SEC approval for the first Spot Avalanche (AVAX) ETF.
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TheCryptoBasic
2w
148
Image Credit: TheCryptoBasic
Expert Shares Evidence XRP Might Have Reached Its Bottom, Eyes $30 Target
- An analyst believes XRP might have reached its bottom
- Bullish divergence on the daily XRP chart suggests a reversal could occur
- Historical performance indicates XRP could experience a surge, not go lower than $1.89
- XRP could potentially reach a target price of $30, based on a double bottom formation on the monthly chart
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8 Likes
TheNewsCrypto
2w
34
Image Credit: TheNewsCrypto
VanEck Seeks SEC Approval for First Spot Avalanche (AVAX) ETF
- VanEck has filed an S-1 registration with the SEC for the first AVAX ETF.
- The proposed fund aims to track AVAX’s price performance while holding the asset directly.
- The ETF will value its shares based on the MarketVector Avalanche Benchmark Rate.
- Approval of the VanEck Avalanche ETF could pave the way for further integrating blockchain assets into traditional finance.
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2 Likes
Bitcoinist
2w
200
Image Credit: Bitcoinist
Dogecoin’s Pullback Nears Its End: Price Action Shows Signs Of A Rebound
- Dogecoin, the largest meme coin, has experienced a significant drop this year, falling from $0.48 to $0.15.
- Analysts suggest that Dogecoin may be poised for an upward move, as indicators signal a possible price reversal.
- Technical analysis indicates that Dogecoin may have reached its bottom, potentially leading to a major rebound.
- Predictions for an upcoming rally suggest that Dogecoin could reach a new all-time high, possibly exceeding $4.
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12 Likes
TheCryptoBasic
2w
191
Image Credit: TheCryptoBasic
White House Confirms Crypto Czar David Sacks Sold Over $200M in Crypto: Details
- David Sacks, the White House Crypto Czar, sold over $200 million in crypto assets and related stocks before taking on his role.
- The White House confirmed Sacks' divestment as part of efforts to avoid conflicts of interest during his tenure.
- Sacks liquidated his direct crypto holdings and those managed by Craft Ventures, with $85 million being his personal stake.
- He also sold shares in crypto-related companies and financial stakes in investment funds, while still holding some crypto-related interests.
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Coin Telegraph
2w
43
Image Credit: Coin Telegraph
Crypto faces ‘starkest' gap between sentiment and fundamentals: BlockTower
- The sentiment in the crypto market is currently at odds with the fundamentals, creating a prime opportunity for long-term investors.
- Traders and analysts have turned bearish on crypto, while developers and those working for crypto companies remain bullish.
- Despite uncertainty in the short-term, crypto hedge fund founder Ari Paul believes that crypto is a good buy over a 12-month timeframe.
- The recent price spike in Bitcoin has strengthened the confidence of analysts and suggests the start of a new uptrend.
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2 Likes
Newsbtc
2w
279
Image Credit: Newsbtc
Solana Forms Classic Cup-And-Handle Pattern – Analyst Predicts A Breakout To $3,800
- Solana (SOL) is facing selling pressure and struggling to hold key support levels in a declining crypto market.
- Analysts observe a potential bullish breakout for SOL, as it forms a cup-and-handle pattern.
- If the pattern plays out, SOL could reclaim higher price levels and see a significant recovery.
- Bulls need to break above the key resistance level at $130 to signal renewed buying strength.
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16 Likes
TheCryptoBasic
2w
235
Image Credit: TheCryptoBasic
Here’s Why XRP Can Still Skyrocket to $15
- Analyst Ali Martinez believes XRP still has the potential to reach $15.
- XRP has recently experienced a downward trend, but the symmetrical triangle formed by the asset indicates the potential for substantial gains.
- XRP broke out of the symmetrical triangle structure in November 2024, leading to a significant price increase.
- XRP is currently retesting the triangle breakout, and if it holds above $1, the earlier target of $15 remains intact.
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14 Likes
Coinpedia
2w
82
Image Credit: Coinpedia
David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest
- David Sacks, the newly appointed AI and cryptocurrency affairs chief, has sold over $200 million in digital assets before taking office.
- Sacks sold at least $85 million of his own cryptocurrency holdings through personal accounts and Craft Ventures, his company.
- Sacks responded to criticism and sold all his cryptocurrency investments, including bitcoin, ether, solana, and shares in Coinbase and Robinhood.
- There are concerns about potential conflicts of interest among other cabinet members and their significant investments in cryptocurrencies.
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4 Likes
Bitcoinist
2w
104
Image Credit: Bitcoinist
Bitcoin Demand ‘Seems Stuck’ – Expert Reveals It’s Too Early To Call It A Bear Market
- Bitcoin has dropped over 29% from its January all-time high, raising concerns about a possible bear market.
- The recent downturn has been attributed to macroeconomic instability, global trade war fears, and tightening financial conditions.
- CryptoQuant CEO highlights the Bitcoin Apparent Demand indicator, suggesting weak demand at the moment.
- Bitcoin needs to reclaim key levels to restore market confidence and avoid further declines.
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6 Likes
Bitcoinsensus
2w
156
Image Credit: Bitcoinsensus
Beyond the Spotlight: Celebrities Who Invested in Crypto and Blockchain
- Celebrities have played a significant role in bringing digital assets into the mainstream, legitimizing cryptocurrencies and changing the perception of digital assets.
- Notable celebrities like Paris Hilton, Gwyneth Paltrow, Reese Witherspoon, Kanye West, Matt Damon, Serena Williams, Jamie Foxx, among others, have shown interest in crypto investments and initiatives.
- Celebrities such as Mike Tyson, 50 Cent, and Ashton Kutcher have actively supported and invested in cryptocurrencies like Bitcoin, paving the way for wider adoption.
- Sports stars like Russell Okung, Naomi Osaka, Serena Williams, and Trevor Lawrence have embraced crypto, making bold moves with their investments and payment preferences.
- Celebrities including Elon Musk, Snoop Dogg, Paris Hilton, and many others are strong advocates and investors in cryptocurrencies like Bitcoin and Ethereum.
- Hollywood stars like Lindsay Lohan, Jamie Foxx, Matt Damon, and Akon have not only invested in crypto but actively promoted blockchain technology and cryptocurrency projects.
- Celebrity endorsements of crypto projects have faced criticism, with instances like Kim Kardashian's paid promotion leading to financial penalties.
- Elon Musk's support for cryptocurrencies, especially Dogecoin, as well as Tesla's substantial Bitcoin holdings, has significantly influenced the market.
- Celebrities such as Akon, Snoop Dogg, Lionel Messi, Serena Williams, and Tom Brady are exploring Web3 and blockchain technology for sustainable development and unique experiences.
- Famous individuals like Michael Saylor, Ricardo Salinas Pliego, Winklevoss Twins, and Mark Cuban have made substantial investments in Bitcoin, driving institutional interest in the space.
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9 Likes
TheNewsCrypto
2w
17
Image Credit: TheNewsCrypto
Best Cryptos to Buy This Week: Qubetics Hits 23,000 Holders, Maker’s Market Trends, & Polygon Expands
- Qubetics, Maker, and Polygon are making waves in the crypto market this week.
- Maker showcases strength amidst market dips, emphasizing strong fundamentals.
- Polygon garners attention for its move into real estate tokenization, potentially reshaping asset trading.
- Qubetics stands out with its real-world asset tokenization marketplace, boasting 23,000 holders.
- Qubetics aims to bridge the gap between digital finance and tangible assets like real estate and stocks.
- Qubetics presale has raised over $15.2 million, with high growth potential projected post-presale.
- Maker's stability is attributed to its decentralized stablecoin DAI and resilient fundamentals.
- Polygon's venture into real estate tokenization highlights its scalability and low transaction fees.
- Polygon's real estate tokenization could revolutionize the industry by digitizing high-value assets.
- Qubetics, Maker, and Polygon offer real-world utility, innovation, and strong growth prospects as top picks for investment.
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