Day: December 9, 2024

Don’t Be Surprised If Dogecoin Hits $1 Or $2 ‘In A Hurry’: Analyst

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Este artículo también está disponible en español. Crypto analyst Cantonese Cat (@cantonmeow) suggests a scenario in which Dogecoin could reach $1 or even $2 relatively quickly. Posting on X, the analyst stated: “DOGE closed 3 weeks in a row above 0.786 log fib, which makes higher prices possible; don’t be surprised if it hits $1 or $2 in a hurry.” Why Dogecoin Is Even More Bullish Than Last Cycle In a recent YouTube video, Cantonese Cat provided in-depth technical analysis, comparing Dogecoin’s current cycle to its previous historic run. The…

Swiss ETP issuer predicts another nation to adopt Bitcoin as reserve, Ethereum resurgence in 2025

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Crypto provider 21Shares anticipates a transformative year for crypto in 2025, projecting Bitcoin’s continued rise, Ethereum’s revenue rebound, and the expansion of stablecoins. Crypto exchange-traded products are projected to reach $150 billion in assets under management by 2025, driven by increasing institutional interest, according to 21Shares’ latest research. The firm’s “2025 State of Crypto Market Outlook,” published on Dec. 9, identifies key factors driving this growth, including rising institutional demand, U.S. approvals of crypto ETPs, and favorable macroeconomic conditions. The outlook also predicts that more nation-states will adopt Bitcoin (BTC)…

DTX Exchange approaches 250,000 users after SOL traders join the DeFi project

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The rejection of Solana ETF has led the SOL community to take a major shift to the next major DeFi project DTX Exchange after a $9.6m presale.   The DeFi market is ready to witness a historic revolution as Bitcoin has hit new success levels after the $100k milestone and institutional adoption. After Trump picks the next crypto-friendly SEC Chair, the decentralized economy will take a major turn with new…

HIVE Digital shares climb 6% as miner targets 2% of Bitcoin network

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HIVE Digital revealed its November 2024 production results, including 103 BTC mined and a 67% year-over-year growth in its Bitcoin holdings. Bitcoin (BTC) mining firm HIVE Digital released its November 2024 production results, reporting a 67% increase in its BTC holdings compared to the previous year. In a Dec. 9 press release, the firm revealed it had mined 103 BTC in November, bringing its total HODL portfolio to 2,713 BTC as of Nov. 30. In terms of mining capacity, HIVE maintained an average of 5.3 EH/s, with the firm’s peak…

Analyst Reveals Why BTC Will Hit Its Top A Month From Now Below $150,000

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Este artículo también está disponible en español. Crypto analyst Tony Severino has revealed that the Bitcoin price bull run could end as soon as January 2025. The analyst further projected that BTC will top below $150,000 as its bull run ends by next month.  Bitcoin Price Could Top By January 2025 Below $150,000 In an X post, Tony Severino reaffirmed his theory that the Bitcoin price could top as soon as January 20, 2025.  He shared an accompanying chart showing that BTC follows a textbook example of a “complete” market…

2024 Election Was a Chance to ‘Educate Voters,’ Ripple CEO Brad Garlinghouse Says

Ripple CEO Brad Garlinghouse in an interview with 60 Minutes, said that the 2024 election was a “major victory” for crypto as the majority of Fairshake, a crypto political action committee (PAC), backed candidates, won their seats. And this was a non-partisan effort, as crypto, itself is non-partisan, he argued, pointing to the cross-aisle support for the digital assets bill FIT21. “Of the 29 Republicans and 33 Democrats the industry backed in congressional races, 85% won. It’s incredible,” he said. “We absolutely helped supercharge the candidates with the money in…

Investors in Russia expect Bitcoin to peak at $160k this cycle: report

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Despite Bitcoin’s recent surge past $100,000, investors in Russia doubt the crypto will hit the $200,000 mark anytime soon. Bitcoin’s (BTC) rise past $100,000 has sparked excitement, though Russian investors aren’t counting on it hitting $200,000 this cycle, according to analysts polled by Russia’s state news agency TASS. They estimate Bitcoin could climb as high as $160,000 but don’t see it doubling its current price anytime soon. As for the reason behind Bitcoin’s recent growth, analysts point to macroeconomic changes, such as the Federal Reserve’s rate cuts after a prolonged…

MOG Meme Coin Rockets – Other Meme Coins to Watch

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MOG is a popular meme token launched on Ethereum’s layer-1 blockchain. Since this currency is purely driven by community and internet hype, it’s very volatile and difficult to predict. However, with the recent Coinbase announcement, MOG is expected to see some major growth. On December 3, Coinbase announced that MOG would be added to its listing roadmap. Soon after that, its value increased by more than 20%, bringing its total market cap close to $1 billion. It is now ranked among one of the top 150 currencies in the industry.…

4 Altcoins Poised for 10x Gains After Bitcoin Crosses $100K

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The year is ending on a good note for Bitcoin. On December 4 (Wednesday), the cryptocurrency officially crossed the $100K mark. It now stands at $103,449.70. Overall this year the currency witnessed a 130% growth. Experts believe that Donald Trump’s victory in the presidential elections has been a driving force behind this massive surge. Ever since he started campaigning, he made it clear that his administration has some special plans to uplift the crypto market in the US. But Bitcoin’s success isn’t Bitcoin’s alone. It has huge implications for other…