Day: January 6, 2025

What Investors Need To Watch

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Este artículo también está disponible en español. Crypto markets are poised for a dynamic start to the new year, with a series of pivotal events set to reshape sentiment and trading volumes. From macroeconomic decisions by the Federal Reserve to protocol updates and legal proceedings, here are the key developments demanding close attention from investors: #1 Crypto Awaits The FOMC Minutes Release (January 8) On Wednesday, the minutes from December’s Federal Open Market Committee (FOMC) meeting are scheduled for release, offering insights into policymakers’ deliberations and possible hints at upcoming…

Seraph Foundation Unveils Seraph Tokenomics Ahead Of Landmark TGE, Pioneering AI-Powered Web3 Gaming

PRESS RELEASE. Seraph Foundation has unveiled its SERAPH tokenomics, marking a significant step in advancing decentralized ecosystems and Web3 infrastructure development. Designed to bridge Web2 and Web3 gaming communities, Seraph—the next-generation AAA blockchain-powered action RPG (ARPG) developed by Seraph Studio—integrates blockchain technology and AI-driven systems to deliver an immersive, interactive, and rewarding gaming experience. With […] Source CryptoX Portal

Bitcoin becomes 7th largest global asset, stablecoins and AI drive crypto in 2024: report

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A new Binance report for December highlights bullish and notable trends in the crypto space as we enter a new year. The cryptocurrency market closed in 2024 with a record-breaking performance. Bitcoin (BTC) broke through $100,000, driven by regulatory optimism, bullish sentiment, institutional adoption, and technological innovation. Binance’s December Research Monthly Market Insight report highlighted some growing trends that the firm saw in 2024, as well as in the month of December. Stablecoins like Ethena’s USDe (USDe) gained traction in decentralized finance, while artificial intelligence became a key transformative force. …

Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH

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Este artículo también está disponible en español. Solana is currently trading above key demand levels, showcasing resilience after weeks of market uncertainty. However, the altcoin is yet to confirm a breakout from the daily downtrend that began in late November. As SOL continues to hover near critical technical levels, analysts and investors are closely watching for a decisive move that could signal the start of a massive rally into price discovery. Related Reading Top analyst and trader Jelle recently shared a detailed technical analysis on X, highlighting that Solana has…

Riot stock gains 3% after mining update: holds 17,722 BTC

Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding over 17,700 Bitcoin by year-end. The full hash rate activation remains ongoing, with a careful commissioning process to ensure power grid stability, according to a Riot release. In 2024, Riot expanded its deployed hash rate by 155%, surpassing the network hash rate growth of 52%.  Riot Announces December 2024 Production…

Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No Return

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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is now placing its Bitcoin-focused policy front and center in its international engagements, suggesting that there may be no turning back. Latam Insights Encore: Bragging Means There Is […] Original

Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Above $1 Is Imminent

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Este artículo también está disponible en español. Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suffered multiple crashes. However, even though the entry was triggered by bearish forces, Dogecoin’s entry into the Gaussian Channel was bullish and showed a tendency to recover quickly from dips. This is because the Gaussian Channel can act as a bounce-off point to possibly send DOGE soaring toward new all-time highs. Dogecoin Gaussian Channel Flashes Green Over the last few weeks, the Dogecoin price…

Bitcoin Surges Past $100K for the First Time Since December, Hits $102,514 High

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Bitcoin (BTC) has once again surpassed the $100,000 mark reaching an intraday high of $102,514, its first breakthrough above this psychological level since mid-December 2024. $103K Resistance Looms as Bitcoin Climbs to $102,514 Amid Volume Spike This latest bitcoin surge reflects strong bullish momentum, with buyers stepping in decisively to drive prices higher. The 1-hour […] Original

History Cautions Against Pardons for Jan. 6 Rioters

Donald Trump will soon return to the White House, raising the question of whether he will pardon the Jan. 6 rioters whom he has spent months defending. Calling Jan, 6 a “Day of Love” and labeling rioters “hostages” and “political prisoners,” Trump has likened his supporters to revolutionaries who were simply fighting for fair elections and to restore American democracy. Spinning this narrative has allowed Trump to successfully weave the idea that he and the 1,563 indicted Jan. 6 rioters are martyrs, persecuted by President Joe Biden’s Administration. This rhetorical…

Canadian Prime Minister Justin Trudeau to Resign, Leaving Room for Pro-Bitcoin Leader Pierre Poilievre

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Canadian Prime Minister Justin Trudeau has announced he will step down from his position, a move sparked by mounting political pressure as his party faces a likely defeat in upcoming elections. Canadian Prime Minister Justin Trudeau Steps Down Justin Trudeau‘s resignation, confirmed Monday, comes after a series of polls indicated that his Liberal Party is […] Original