Este artículo también está disponible en español. Bitcoin’s recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period. This intense volatility has allowed Bitcoin to achieve a daily close above a key confluent resistance level that had capped its price action for the past month. Despite this progress, Bitcoin continues to test the $106,000 upper boundary,…
Day: January 20, 2025
Best Wallet Coin Raises $7.6M as XRP Nears All-Time High
Look out, here comes XRP! In the wake of the US presidential elections, XRP’s engine began to rev. Now, with the inauguration of President Trump only hours away, XRP is taking off! XRP Rides To Near All-Time High Ripple’s cryptocurrency, XRP, soared to a near all-time high, peaking at $3.31 with a 6.35% increase in 24 hours. Mounting optimism around Ripple has fueled the charge. There’s increased buzz about the approval of XRP-based Exchange-Traded Funds (ETFs) and favorable developments in its long-standing legal battle with the U.S. Securities and Exchange…
Strategic Bitcoin Reserve token surges as Polymarket odds rise
The odds that Donald Trump will approve a Strategic Bitcoin Reserve in his first 100 days have jumped to 56% ahead of his inauguration. A Polymarket poll with over $2.6 million in assets revealed that these odds have reached their highest level since Nov. 7, climbing from this month’s low of 23%. These rising odds have pushed the Strategic Bitcoin Reserve (SBR) token to $2.25, giving it a market cap of over $50 million. Trump and several of his advisors have embraced the idea of creating such a reserve, citing…
Bitcoin Maxi Calls It Risky but Possible
Este artículo también está disponible en español. If there’s one thrilling narrative to study and revisit in 2024, it’s Ripple’s XRP. For those in the know, this crypto had a rough few years due to its ongoing cases and investigations launched by the US Securities and Exchange Commission. Related Reading For three years, XRP’s price stayed sideways due to pressure from the SEC. But the story of XRP altered drastically in 2024. Days after the US elections, it began a parabolic price climb, breaking the $2 level on December 2nd…
Bitcoin Technical Analysis: Key Resistance at $109K Holds the Fate of the Next Big Move
Bitcoin, currently valued at $107,075 to $107,748 over the last hour, has a market capitalization of $2.12 trillion and a 24-hour trading volume of $118.01 billion. It navigated a session marked by pronounced volatility. The cryptocurrency’s intraday price fluctuated between $99,462 and $109,356, reflecting a dynamic response to market conditions as Donald Trump assumes the […] Original
Bitcoin Soars Towards $110,000 As Reserve Rumors Heat Up
Este artículo también está disponible en español. Bitcoin has surged to a new all-time high of $109,558 during early Asian trading hours, aligning with President Donald Trump’s inauguration day. Market observers point to the heightened possibility that Trump might establish a Strategic Bitcoin Reserve (SBR) through an executive order—one of possibly 100 he could sign immediately upon taking office. Is A Strategic Bitcoin Reserve Coming? Talk of a US Bitcoin reserve under Trump has circulated for months, but speculation intensified when Polymarket, a crypto-based prediction platform, showed a sudden spike…
Solana Bulls Counter Bearish Pressure To Keep Price Above $240
Solana price action is heating up as bulls show efforts to fend off bearish pressure and maintain the cryptocurrency above the vital $240 support level. This threshold has emerged as a key marker of market sentiment, serving as a critical point of defense for buyers aiming to keep the uptrend intact. The battle around $240 underscores its importance as a technical support zone and a psychological barrier that is likely to influence SOL’s trajectory in the near term. A successful defense at this level could inject fresh energy into the…
Bukele Blasts Local Bitcoin Naysayers: ‘The Key Is Not Listening to Them’
Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El Salvador’s President Nayib Bukele on Bitcoin Critics: Better ‘Not Listening’ to Them Nayib Bukele, President […] Original
Solana Turns Key Level Into Support – Analyst Expects ‘Violent Moves Before Next Leg Up’
Este artículo también está disponible en español. Solana (SOL) showcased massive volatility over the weekend, delivering a rollercoaster ride for traders and investors. On Sunday, SOL reached a new all-time high of $295, marking a significant milestone in its bullish trajectory. However, the celebration was short-lived as the price swiftly retraced over 20% to hit the $229 mark, causing concern among market participants. Yet, in a testament to its resilience, Solana bounced back strongly, climbing to $272 and reigniting bullish sentiment. Related Reading Top analyst Jelle provided valuable insights into…
CFD Brokers Face Direct Challenge from Crypto Exchanges, Fintechs
How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure and frictionless payment solutions is transforming how businesses and financial institutions approach transactions. But what does this mean for…