Day: January 4, 2025

Dogecoin Explodes Overnight – Price Action Suggests Fresh Highs Above $0.50

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Este artículo también está disponible en español. Dogecoin has jumped into the New Year’s market rally, making an impressive 25% move in just the first few days of 2025. The meme coin, known for its enthusiastic community and historic rallies, has joined the broader market upswing that many crypto assets are currently enjoying. Top analyst Bluntz recently shared a technical analysis on X, highlighting that after this surge, Dogecoin is now showing undeniably impulsive behavior again. According to Bluntz, the price action suggests that DOGE could be gearing up for…

BRICS Intensifies Alternative Payments—2025 Agenda Targets Dollar-Free Systems

BRICS will prioritize alternative payment systems in 2025, aiming to reduce reliance on the U.S. dollar and boost trade in local currencies under Brazil’s leadership. BRICS Prioritizes Alternative Payments in 2025 The development of alternative payment systems and reducing reliance on the U.S. dollar will be central to BRICS initiatives in 2025 as Brazil takes […] Source CryptoX Portal

Are We Nearing a Market Rebound?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Marathon Digital improves hash rate by 15%, mined 890 BTC in December

Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin (BTC) production fell slightly, down 2% from November to 890 BTC, which MARA attributed to “luck” variations in mining, per CEO Fred Thiel. MARA’s December 2024 #Bitcoin Production Update is here: – Energized Hash Rate Increased 15% to 53.2 EH/s– 249 Blocks Won (890 BTC), the Second Most Blocks in…

the first block in blockchain?

What is the first block created in the blockchain? On January 3, 2009, an individual under the pseudonym Satoshi Nakamoto mined Bitcoin’s first block, known as the Genesis block, containing 50 BTC. Embedded in its hash was the headline of a British Times article: “Chancellor on brink of second bailout for banks.” The article highlighted challenges in the UK banking sector and the government’s efforts to address them. Some believe Satoshi included this headline to underscore the vulnerabilities of traditional finance. But let’s get back to a genesis block. What…

MARA CEO Advocates “Invest And Forget” Approach To Bitcoin, Citing Strong Historical Performance

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Este artículo también está disponible en español. In a recent interview with FOX Business, Fred Thiel, CEO of Bitcoin (BTC) mining firm MARA Holdings, advocated an “invest and forget” strategy for retail investors looking to gain exposure to the world’s leading digital currency. Thiel Cites Positive Historical Performance Of Bitcoin BTC continues to trade within the mid-$90,000 range after a recent pullback from its all-time high (ATH) of $108,135. While crypto analysts keep a close eye on the flagship cryptocurrency’s price movements, major BTC holders appear less concerned about short-term…

Here are some altcoins with 10x upside this year; SUI not on list

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. This post examines the leading 2025 altcoins that could deliver a 10x price jump in the new year and assets like SUI that could disappoint investors and holders. As the new market year arrives, investors and traders could experience a game-changing cycle. Attention is now shifting to altcoins that can deliver jaw-dropping gains. Notably, experts are targeting projects that could deliver 10x returns in this crypto space. However, everything…

Bitcoin Faces Critical Support Amid Long-Term Holder Selling Pressure—Analyst

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The Bitcoin (BTC) market is currently experiencing significant shifts in supply dynamics, with notable activity between long-term holders (LTHs) and short-term holders (STHs). According to the latest analysis from CryptoQuant, historically, such transitions have often indicated local market tops or even cycle peaks, depending on the overall market environment and broader economic conditions. Presently, demand from short-term holders continues to play a critical role in supporting Bitcoin’s price stability amid ongoing market volatility. Long-Term Holders Vs. Short-Term Buyers The analysis made by the CryptoQuant analyst Darkfost revealed that the short-term…

XRP dethrones USDT, now ranked third largest crypto

XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP’s market cap is nearing the $140 billion threshold. The token is already $2 billion more valuable than stablecoin issuer Tether which has a market cap of around $137 billion. XRP has gained nearly 15% over the past seven days and is up nearly 350% over the past year. Price chart for XRP in the past few months | Source: crypto.news Ripple’s recent rally has been ongoing…

Becomes 3rd Largest Crypto With $139 Billion Market Cap

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Este artículo también está disponible en español. As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024’s price correction.  Analysts Predict XRP Could Reach $5.85 As Market Confidence Grows This resurgence has positioned XRP as the third-largest cryptocurrency in the market, with a market capitalization of around $139 billion, according to CoinGecko data. Notably, it has surpassed the market cap of Tether (USDT), which stands at $137 billion. The recent rally in XRP’s price can…