Day: January 13, 2025

Statement in response to AI Action Plan

Stephen Almond, Executive Director for Regulatory Risk at the ICO, said: “AI has huge potential to transform businesses and public services, which is why it is a priority area for the ICO. Data protection is essential to realising this opportunity and ensuring that the public can have trust in AI. As a whole economy regulator, we are committed to supporting organisations to innovate and grow responsibly while upholding people’s rights and freedoms. “To provide businesses with the certainty they need to innovate safely, we have already published detailed guidance on…

XRP Price Breaks Out Of Symmetrical Triangle Pattern, Why The Target Is $8

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Este artículo también está disponible en español. A new bullish target for the XRP price has been set, as a crypto analyst has announced a recent breakout from a Symmetrical Triangle pattern. The analyst has shared a chart showing XRP’s price action on a 3-day timeframe, highlighting key resistance levels that could help propel the cryptocurrency to a bullish target of $8. Symmetrical Triangle To Push XRP Price To $8 According to the TradingView crypto analyst identified by the pseudonym “PlaceUrBetsPlease,” the XRP price is breaking out from a Symmetrical…

Flockerz Presale Nears $10M Ahead of Trump Inauguration

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With only a week to go before Donald Trump once again moves into the White House, and as the Flockerz presale hits an all-time high, all crypto chatter is focused on how successful crypto will be under the next administration. This comes as the Vice Chairman of the Federal Deposit Insurance Corporation, Travis Hill, admitted in a speech that the FDIC had ordered 20 banks to stop doing business with crypto firms. Their bank accounts were shut down or frozen, a process known as ‘debanking.’ But with a new US…

XRP potrebbe affrontare delle difficoltà dopo l’aumento a $2,60

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Weekend decisamente positivo per Ripple, con il rally di XRP che ha spinto l’asset da $2,33 a $2,5 e, successivamente, a $2,6. Questo movimento ha rappresentato un aumento dell’11,5% in meno di 24 ore. Sebbene l’asset abbia perso parte dello slancio da allora e attualmente si trovi a $2,51, è comunque in crescita di oltre il 6% rispetto al giorno precedente. Tutto questo è accaduto poco dopo la diffusione di notizie secondo cui alcune balene crypto avrebbero accumulato oltre un miliardo di token XRP nel corso di appena 48 ore,…

‘Best-Performing Asset This Year’: Tom Lee Doubles Down on Bitcoin’s Ascent

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Tom Lee, co-founder and managing partner at Fundstrat, has expressed confidence in bitcoin’s long-term prospects. Although the cryptocurrency currently sits approximately 15% below its all-time high, Lee contends that those purchasing at the $90,000 mark would likely not face financial losses. Tom Lee Still Targets $250K as Investors Hold Their Breath Tom Lee has consistently […] Original

3 potential catalysts to reverse crashing Bitcoin and altcoin prices

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Bitcoin price slipped to $90,000 on Jan. 13 as the recent weakness in the cryptocurrency market continued. Bitcoin (BTC) crashed by 16% from its highest level in December and is hovering near its lowest point since November 19. Other altcoins like Solana (SOL) and Cardano (ADA) also continued falling.  The ongoing crypto crash is largely attributed to rising expectations that the Federal Reserve will adopt a more hawkish stance this year. These expectations grew after the U.S. published strong nonfarm payroll data on Friday. The data showed that the unemployment…

Semler Scientific buys more Bitcoin, raising holdings to 2,321 BTC

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Semler Scientific, Inc. acquired 237 Bitcoins between Dec. 16 and Jan. 10, at an average price of $98,267 per token. These purchases increased the company holdings to 2,321 Bitcoin (BTC), according to a company release.  Semler’s cumulative investment in Bitcoin now stands at $191.9 million, with an average acquisition price of $82,687 per BTC. The purchases were funded through proceeds from an at-the-market offering and operating cash flow. The medical device manufacturer has previously stated that it is “laser focused” on acquiring and maintaining a larger Bitcoin reserve after its…

Crypto whales verplaatsen miljoenen XRP naar Coinbase – gaat Ripple dalen door sell-offs?

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XRP lijkt na een sterke stijging aan kracht te verliezen, nu whales miljoenen tokens naar exchanges sturen en de verkoopdruk toeneemt. Whale Alert meldde een dump van 30,17 miljoen XRP op Coinbase, terwijl CryptoQuant een stijging van 34 miljoen XRP in exchange reserves registreerde. Tegelijkertijd worstelt XRP met technische weerstand rond $2,60 en een cruciaal steunniveau op $2,30. In dit artikel gaan we dieper in op de oorzaken van deze situatie en de mogelijke gevolgen voor de koersverwachting van XRP. Whales dumpen miljoenen XRP op Coinbase In een post op…

MicroStrategy buys $243m Bitcoin, ups holdings to 450k coins

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The dotcom-era software company MicroStrategy has purchased Bitcoin for the 10th consecutive week, reinforcing its position as the world’s top corporate BTC holder. MicroStrategy bought an additional 2,530 Bitcoin (BTC), spending approximately $243 million on its latest acquisition, according to executive chairman Michael Saylor. The purchase marks the company’s 10th straight weekly buy, signaling no shift in Saylor’s aggressive Bitcoin accumulation strategy. Last year, the former crypto skeptic turned Bitcoin evangelist announced his “21/21” plan to accumulate $42 billion worth of BTC over three years. Saylor’s playbook, often referred to…