Day: January 2, 2025

Blockchain company Spirit announces Dogecoin yield generation strategy

Spirit Blockchain Capital, a blockchain-focused investment firm publicly traded on the Canadian Securities Exchange, has announced a yield generation strategy targeting its Dogecoin holdings. The announcement follows Spirit’s recent acquisition of Dogecoin Portfolio Holdings Corp., a blockchain startup focused on Dogecoin (DOGE) and related assets. Dogecoin Portfolio Holdings operates independently of the meme coin’s core blockchain operations but manages a portfolio aimed at creating value within the Dogecoin ecosystem. Spirit Blockchain Capital’s operations include cryptocurrency investments, blockchain advisory and consulting, crypto mining, and lending. The Dogecoin initiative forms part of…

Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For

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Este artículo también está disponible en español. Technical analysis shows that Shiba Inu is currently at a critical juncture where it could either rebound to new multi-year highs or face declines to retest a few support levels. In light of this, a recent analysis on TradingView has highlighted crucial support and resistance levels that could dictate SHIB’s short-term movements. This analysis was made on the daily candlestick timeframe chart of SHIB against Tether (USDT), which reveals the potential for a substantial rally toward $0.000045 if key resistance levels are broken.…

Dogecoin price stalls as DOGE ETF approval odds fall

Dogecoin price remained in a tight range this week as Polymarket odds for a potential DOGE ETF declined. Dogecoin (DOGE), the largest meme coin, rose by about 6% on Dec. 2, bringing its seven-day gains to 7.5%. However, the momentum may reverse as a Polymarket poll shows that the odds of the Securities and Exchange Commission approving a spot DOGE ETF this year dropped to 26%, down from a high of 50% last week.  In contrast, Polymarket users expect that the SEC will approve a Solana (SOL) ETF later this…

Former Terra CEO Do Kwon Enters Not Guilty Plea In Landmark $40 Billion Crypto Trial

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Do Kwon, the South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, pleaded not guilty on Thursday to a series of criminal fraud charges in a Manhattan federal court.  This comes just days after his extradition from Montenegro, where he had been detained for over a year. His case centers around the collapse of TerraUSD and Luna (LUNC), which collectively lost an estimated $40 billion in 2022. Ordered To Remain In Custody Following Court Appearance According to a Reuters report, federal prosecutors unsealed a nine-count indictment accusing Kwon of multiple…

Chainlink Tunrns Resistance Into Support – ATH Next?

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Este artículo también está disponible en español. The crypto market showed signs of revival yesterday, with several assets experiencing significant price surges after weeks of subdued action. Chainlink (LINK) stood out, gaining over 15% in just 24 hours, solidifying its position as one of the stronger altcoins in the current environment. This sharp recovery highlights growing interest in LINK as market sentiment shifts. Related Reading Renowned analyst Jelle shared a technical analysis on X, revealing a critical development in Chainlink’s price action. According to Jelle, LINK has successfully flipped a…

2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners

It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains Currently, bitcoinminingstock.io lists around […] Source CryptoX Portal

Weekly Chart Shows That Dogecoin Price Is Primed To Cross $11 In 2025, Here’s How

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Este artículo también está disponible en español. Crypto analyst Dima James has boldly predicted that the Dogecoin price could cross $11 in this new year. He alluded to DOGE’s weekly chart to explain why the foremost meme coin is well-primed to reach this price target.  Dogecoin Price Primed To Cross $11 This Year In an X post, Dima James predicted that the Dogecoin price could cross $11 this year and reach $11.71. The analyst made this prediction following his analysis of Dogecoin’s weekly chart. His accompanying chart showed trend lines,…

Bitcoin to $225,000? Analysts predict a profitable year for Bitcoin mining stocks

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Bitcoin mining stocks could see massive growth in 2025, according to a report by H.C. Wainwright & Co. The equity research estimates that the market cap of Bitcoin mining companies will surpass $100 billion in 2025, up from $36 billion in 2024—a nearly 200% increase. This surge is attributed to improving mining economics and the ongoing Bitcoin (BTC) bull market, according to analysts. The report points to key factors driving optimism, including Bitcoin’s recent price appreciation and the continued success of spot Bitcoin ETFs in the U.S.  These ETFs, approved…

Report: Wall Street Giant Morgan Stanley Eyes Crypto Services Through E-Trade

As reported by The Information, E-Trade, the online trading arm of Morgan Stanley—an asset management titan handling $1.2 trillion—is contemplating a leap into cryptocurrency services. The buzz surrounding more lenient crypto regulations during the Trump administration may have sparked E-Trade’s interest in this potential venture. Morgan Stanley’s E-Trade Reportedly Poised to Dive Into the Crypto […] Source CryptoX Portal

If Solana Reclaims $210 ‘New Highs Are Next’ – Price Analysis

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Este artículo también está disponible en español. The crypto market showed signs of life yesterday after enduring weeks of persistent selling pressure, with many assets starting to recover. Solana, one of the top-performing cryptocurrencies, joined the rally, surging over 10% in just 24 hours. This upward momentum is sparking renewed optimism among investors, with hopes that the market may be shifting toward a more bullish trend. Related Reading Top analyst Jelle has weighed in on Solana’s recent price action, sharing a detailed technical analysis on X. According to Jelle, Solana’s…