Day: December 19, 2024

Bitcoin Slips Below $100K: Is The Rally Losing Steam?

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Bitcoin price started another decline below the $105,000 zone. BTC is down nearly 5% and attempting a close below the $100,000 support zone. Bitcoin started a fresh decline from the $108,000 resistance zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $98,000 support zone. Bitcoin Price Takes Hit Bitcoin…

US Senator Declares 2025 the Year for Bitcoin and Digital Assets, Pledges Sweeping Crypto Laws

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U.S. Senator foresees 2025 as a pivotal year for cryptocurrency, highlighting plans for a strategic bitcoin reserve and sweeping pro-crypto legislation under new leadership. Strategic Bitcoin Reserve and Digital Asset Laws Set to Redefine 2025 U.S. Senator Cynthia Lummis (R-WY) reiterated her strong support for cryptocurrency in a post on social media platform X Tuesday, […] Original

XRP Will Create Millionaires, Analyst Declares In Wealth Projection

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Ripple’s digital asset is gaining traction in December 2024, generating a stir in the cryptocurrency market. XRP, the third-largest cryptocurrency by market capitalization, recently surpassed Tether (USDT). Analysts and investors alike are growing excited about the possibility for XRP holders to become among the wealthiest investors in the foreseeable future, as indicated by the recent spike. Potential Price Forecasts An analyst has expressed an audacious outlook for XRP, indicating that those who retain the asset may experience substantial returns, which could result in life-changing wealth in the near future. He…

Here’s Why Dogecoin Is Poised For A Major Bullish Reversal

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Este artículo también está disponible en español. The Dogecoin (DOGE) price appears primed for a significant bullish reversal, supported by technical indicators and market sentiment data. Despite recent downward pressures, several factors suggest a potential upward trajectory for the popular memecoin. #1 Dogecoin Bounces Off Key Support Level (1D Chart) Crypto analyst CRG (@MacroCRG) highlighted the resilience of Dogecoin and PEPE, another prominent memecoin, stating, “DOGE + PEPE both bouncing from important areas. The memecoin demise is greatly exaggerated IMO. Next leg up gonna take many by surprise.” CRG’s technical…

Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’

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Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rate […] Original

XYZ and DOGE prices to soar if BTC touches $150k: 2025 could be massive

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin reaching $150k could spark massive price rallies for altcoins like XYZVerse and Dogecoin in 2025. As Bitcoin (BTC) edges closer to unprecedented highs, the crypto market buzzes with excitement over altcoins that could ride this wave. Analysts suggest that if BTC hits the projected $150,000 mark, tokens like XYZVerse (XYZ) and Dogecoin (DOGE) might see their values surge significantly. As such, the year ahead could be transformative for…

On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details

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Este artículo también está disponible en español. Cardano (ADA) has been through a rollercoaster of volatility, with the price experiencing significant ups and downs over recent weeks. After hitting a local top of $1.32, ADA retraced over 30%, dropping to $0.91 before returning to a critical support level. This price action has left investors speculating whether the current recovery marks the start of a new bullish phase or simply a temporary pause before further downside. Related Reading Top analyst Ali Martinez recently shared key insights on X, leveraging Santiment metrics…