Day: January 17, 2025

Pro-Bitcoin Senator Accuses FDIC Of Sabotaging Digital Asset Documentation

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Este artículo también está disponible en español. In a significant development for the ongoing discourse surrounding the digital asset sector, US Senator Cynthia Lummis (R-WY) has raised serious allegations against the Federal Deposit Insurance Corporation (FDIC).  In a letter directed to FDIC Chair Marty Gruenberg, Lummis claims whistleblowers from within the agency have reported efforts to destroy documentation related to the FDIC’s digital asset activities. The senator’s letter demands an immediate cessation of these alleged actions in anticipation of Congressional oversight. FDIC Staff Threatened Over Digital Asset Oversight Senator Lummis…

XRP Price Targets a New All-Time High: Can Bulls Deliver?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Litecoin (LTC) Jumps 19%: What’s Behind The Rally?

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Litecoin has observed a sharp increase of over 19% in the past day. Here’s what on-chain data says could be behind the rally. Litecoin Has Overperformed Market With A Strong Surge In The Last 24 Hours The past day has seen recovery from the cryptocurrency sector as a whole, but Litecoin in particular has stood out with its impressive rally of more than 19%, which has taken its price beyond the $120 mark. Below is a chart that shows how the recent performance of the coin has looked. Among the…

Namibia Flips the Script: Central Bank Grants Provisional Approval to Crypto Firms

On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization First Step in Two-Step Licensing Process The Namibian central bank announced on Jan. 13 that it had granted provisional authorization to two entities to operate […] Source CryptoX Portal

Bulls Push for a Fresh Upside

Este artículo también está disponible en español. Ethereum price started a fresh recovery wave above the $3,250 zone. ETH is holding gains and might aim for a fresh increase above the $3,480 zone. Ethereum started a decent recovery wave above the $3,240 zone. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,400…

Bulls Prepare for the Next Leg Up

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Bitcoin price is gaining pace above the $100,000 zone. BTC is rising and might accelerate higher if it clears the $102,000 zone. Bitcoin started a decent increase above the $100,000 zone. The price is trading above $100,500 and the 100 hourly Simple moving average. There was a break above a short-term declining channel with resistance at $99,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 support zone. Bitcoin Price Reclaims $100K Bitcoin price started…

Toncoin Stabilizes Above $5: Is Now The Time To Buy TON?

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Toncoin (TON) has shown signs of recovery, trading above $5.5 after experiencing price declines in recent weeks. This rebound has not only boosted TON’s market capitalization by some millions but also brought investors to ponder on Toncoin’s potential for a sustained rally. Particularly, as the TON market stabilizes so far, questions about investor sentiment and market risk are coming to the forefront. Is Now The Time To Buy TON A CryptoQuant Quicktake Platform contributor Darkfost recently analyzed Toncoin’s market behavior, focusing on the annualized realized volatility over a one-week period.…

Altcoin Season Looms as Bitcoin Dominance Declines, Says QCP Capital

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Global markets jumped higher after a softer-than-anticipated Consumer Price Index report, with QCP Capital spotlighting noteworthy advancements in both the cryptocurrency space and traditional equities. Market Analysis Says Ethereum and Altcoins Poised for Takeoff as Bitcoin Stabilizes QCP Capital reported that bitcoin climbed 4.13%, touching a peak of $100.8K before settling just shy of the […] Original

Litecoin Likely Next In Line For SEC Nod

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…