On Wednesday, during an interview with CNBC, Fundstrat’s Tom Lee pointed out that bitcoin offers the clearest gauge of how the Trump administration’s economic policies might fare. Lee highlighted bitcoin’s historical patterns, which “would imply $250,000 per bitcoin in 2025.” Bitcoin as America’s Strategic Asset? Tom Lee Predicts Explosive Growth Tom Lee, a leading American […] Original
Day: December 11, 2024
Solana Welcomes Ethereum Prodigy – Impact On SOL Price
Este artículo también está disponible en español. Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets.…
XRP Uptrend Intact—Is XRP Setting Up for Another Moonshot?
XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP’s upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.65, with […] Source CryptoX Portal
HTX DAO’s “Confidence Journey” Kicks Off Successfully, Setting Stage for the Future
PRESS RELEASE. HTX DAO’s China tour “Confidence Journey” concluded on a high note on December 7, bringing together blockchain professionals, investors, and community enthusiasts from across the nation. The gathering celebrated HTX DAO and the leading exchange HTX’s remarkable achievements over the past year while providing insights into their strategic vision for the future. A […] Source CryptoX Portal
POPCAT’s Firm Support At $1 Reignites Rally Toward New Heights
POPCAT has reignited excitement in the market as buyers stepped in at the crucial $1 support level, halting the recent pullback and fueling hopes for a renewed rally. This strategic rebound underscores the token’s resilience and growing bullish momentum, setting the stage for a potential climb toward new heights. With market sentiment shifting and technical indicators flashing promising signals, the question arises: Can POPCAT sustain this upward push and reach fresh milestones? Let’s dive into the technical indicators and market dynamics driving this pivotal moment. Technical Indicators Signal Strength: A…
Casa Launches Nation-State Bitcoin Self-Custody Solution
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves. The announcement was made on Monday by Casa CEO Nick Neuman at […] Original
BTC $200K, COIN in S&P 500, and a Number of Crypto IPOs Among Bitwise 2025 Predictions
With the highly successful introduction of spot bitcoin exchange-traded funds, the U.S. crypto regulatory situation looking much rosier now that former President Donald Trump has been elected for a second term, and the bullish price action, it’s undeniable that 2024 was a big year for crypto. But things could get even crazier in 2025, according to Bitwise Asset Management, a firm which specializes in developing crypto investment products. The company laid out 10 crypto predictions for the year to come in a report released Wednesday, penned by the firm’s chief…
Bitcoin CME Chart Shows Striking Similarities To 2023, Here’s What Happened Last Time
Este artículo también está disponible en español. A crypto analyst has unveiled uncanny similarities between Bitcoin’s Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst’s report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators. Bitcoin CME Chart Mirrors 2023 Price Action A comparative analysis of the Bitcoin CME charts from Nov/Dec 2023 and Nov/Dec 2024 reveals striking parallels. The charts, shared on X (formerly Twitter) by crypto analyst…
SEC charges 3 people in $2.9m Bitcoin scam
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin. According to the SEC, the individuals used fake websites, social media, and voice-altering software to impersonate legitimate financial professionals, targeting at least 28 victims. The defendants — Chibuzo Augustine Onyeachonam, Stanley Chidubem Asiegbu, and Chukwuebuka Martin Nweke-Eze — allegedly posed as brokers and advisers from well-known U.S. firms. They created websites mimicking real professionals, complete with fake testimonials from supposed clients. They used social media and group chats to lure investors…
Backpack Exchange and Wallet To Integrate Sui
December 11, 2024 – Grand Cayman, Cayman Islands Backpack integrates Sui, delivering unmatched speed and scalability to a global audience. Backpack, a leading exchange and wallet known for its seamless user experience and versatility across multiple asset classes, will integrate with Sui, the layer-one blockchain delivering unparalleled scalability and speed. Backpack Exchange currently serves users from more than 150 countries with $60 billion trading volume since launch a year ago. This partnership between Sui and the Backpack team will create a multitude of integration and listing opportunities for projects on…