Day: January 22, 2025

Expert Bullish On Cardano: Forecasts Explosive Rally To $3 Once This Resistance Is Broken

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Cardano (ADA) has struggled to maintain the bullish momentum it experienced in recent weeks, with its price still trailing approximately 67% below its all-time high of $3.09, reached during the 2021 bull run.  Despite this significant gap, analysts believe that the potential for a robust price recovery exists in the coming weeks and months ahead of the new year. Cardano Consolidates Above Key Moving Averages, Poised For Breakout Trend Rider, a prominent analyst on the social media platform X (formerly Twitter), provided insights on Cardano’s current price action, noting that…

Over 5,000% Growth? Dogecoin Analyst Predicts $20 Price Tag

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Este artículo también está disponible en español. A crypto analyst has set a lofty price target for Dogecoin: $20. Based on the meme coin’s current price of $0.365, the forecast represents a substantial 5,380% increase. Although a captivating concept, this perspective was sufficient to elicit both optimism and skepticism within the cryptocurrency community. Related Reading History Shows Dogecoin Thrives After US Political Shifts Dima James Potts connects his forecast to past trends, noting that Dogecoin usually goes up after US presidential inaugurations. He points out past instances when the coin’s…

CME Bitcoin (BTC) Options Show Most Bullish Sentiment Since Trump Election Victory, ETF Inflows Surge

On Tuesday, bitcoin (BTC) options trading on the Chicago Mercantile Exchange (CME) showed the strongest bullish sentiment since Donald Trump’s Nov. 5 election victory. Traders scrambled to buy calls, or options offering asymmetric upside exposure, driving the skew higher to 4.4%, the most since early November, according to data tracked by digital assets index provider CF Benchmarks. Skew is the difference in implied volatility between calls and puts, or options offering downside protection, and positive values represent a bullish sentiment. “Thirty-day topside skew in the bitcoin options market has reached…

CEO of Bitcoin.com Puts Ethereum on Blast for ‘Woke’ Ideology

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Corbin Fraser has sparked a debate in the crypto community with his recent critique of Ethereum, accusing the blockchain giant of prioritizing cultural and environmental ideals over competitiveness and utility. Ethereum’s Ideological Focus Could Backfire Bitcoin.com CEO Corbin Fraser has sparked debate within the crypto community following his recent comments criticizing Ethereum for its “woke” […] Original

Company fined £200,000 for instigating unlawful loan promotion nuisance texts

Company directors knowingly facilitated unlawful activity for financial gain- Affiliate used 459 different telephone numbers capable of sending up to 546,000 text messages a day- ICO received nearly 38,000 complaints We have fined West Sussex-based company ESL Consultancy Services Ltd (ESL) £200,000 for knowingly instigating unlawful loan promotion nuisance text messages being sent to people who had not consented to receive them. ESL came to our attention through a separate investigation into Daniel George Bentley, an affiliate marketer and lead generator. During the investigation, Bentley set up Taipan Trading Ltd…

Historical Patterns Hint At A Blow-Off Top Above $50

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Este artículo también está disponible en español. As XRP, currently the third-largest cryptocurrency by market capitalization, navigates recent fluctuations, analysts and market experts are optimistic about its potential for significant price growth.  After experiencing a brief dip toward $2.83 over the weekend, following an unsuccessful attempt to breach its all-time high of $3.40 set seven years ago, the sentiment surrounding XRP remains bullish. Market Expert Foresees XRP Propelling To $53 In a recent post on X (formerly Twitter), market expert and technical analyst Egrag Crypto shared encouraging price targets for…

Signs Of A Major Breakout Emerge

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Este artículo también está disponible en español. Dogecoin has emerged as a focal point of conversation, even amid a sudden wave of meme coins linked to Donald Trump’s return to the spotlight. On-chain analysis firm Santiment, which recently shared a sentiment dashboard on X, notes that “the top trending tokens” are all about meme coins following the “historic US inauguration of Donald Trump.” In their latest post, Santiment emphasizes that “TRUMP is being discussed following its controversial listing on Coinbase, and the risks involved in investing during a volatile market,”…

Launches Institutional Exchange in the US

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Crypto.com, a major global cryptocurrency exchange, has expanded its presence in the United States with the launch of institutional services. Institutional Crypto Exchange in the US Announced yesterday (Tuesday), the exchange will operate under the brand Crypto.com Exchange, offering institutional services. The company already serves retail users in the US. Kris Marszalek, CEO of Crypto.com, Source: LinkedIn “Since testing an early version of the Crypto.com Exchange in the US in 2022, we have made significant investments in the Exchange’s technological capabilities and banking infrastructure, resulting in substantial global growth and…

MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion

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On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC)  for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter).  This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency space. Saylor has been at the forefront of this strategy, positioning the enterprise software company as a leveraged Bitcoin proxy. MicroStrategy Bitcoin Holdings Surge According to Microstrategy’s filing with the US Securities and Exchange Commission…

Critical Metals joins Bitcoin club with $500M treasury plan

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MicroStrategy’s Bitcoin playbook gains a new player as Critical Metals announces a $500M BTC treasury allocation. On Jan. 21, Critical Metals Corp, the first Nasdaq-listed mining company to announce such a move, revealed that its Board of Directors had approved a Bitcoin (BTC) treasury strategy. The company plans to hold Bitcoin as a primary asset in its treasury, treating it as a key asset in its treasury management strategy. Critical Metals Corp just became the first Nasdaq-listed critical minerals company to make Bitcoin its primary treasury reserve asset. They already…