Este artículo también está disponible en español. After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitcoin To Remain Range-Bound Until FOMC Meeting The world’s largest cryptocurrency has been on a bullish trajectory since November, fueled by Donald Trump’s victory in the US presidential election. Over the past three months, BTC…
Day: January 23, 2025
Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?
Este artículo también está disponible en español. Solana (SOL) has been riding a wave of volatility, recently hitting a new all-time high of $295 before dropping over 22% amid market fluctuations. Despite this sharp correction, SOL has shown resilience by recovering much of its losses, leaving investors optimistic about its potential for further gains in the coming weeks. Related Reading Top analyst Jelle has weighed in on the situation, providing a detailed technical analysis that offers insight into SOL’s current price action. According to Jelle, Solana is experiencing “more violent…
Here’s why Bitcoin and most altcoins are falling
Bitcoin and most altcoins have fallen this week even after Donald Trump’s inauguration to become the most crypto-friendly president in the US. Bitcoin (BTC) price dropped to $101,000 on January 23rd, while popular meme coins like ai16z, Fartcoin, and Official Trump fell by over 20%. Other top laggards were coins like Lido DAO, Jupiter, Virtuals Protocol, and Hyperliquid. There are four possible reasons for the ongoing crypto retreat. First, economists expect the Bank of Japan to hike interest rates by 0.25% on Friday. This would bring the official cash rate…
Fathom Holdings embraces Bitcoin with treasury strategy
Fathom Holdings, a technology-driven real estate services platform, has announced the inclusion of Bitcoin in its treasury management program. The Board of Directors approved the allocation of up to 50% of Fathom’s excess cash — approximately $500,000 — to Bitcoin (BTC) purchases over the next two weeks, according to a company release. The company hopes to streamline real estate transactions through its digital platform, intelliAgent. The platform integrates residential brokerage, mortgage, and title functions to reduce transaction costs and inefficiencies. The initiative diversifies Fathom’s treasury holdings, which previously consisted solely…
Taiwan to Unveil Draft Bill Allowing Banks to Issue Stablecoins
The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June. According to a […] Source CryptoX Portal
Here’s Why $96,000-$111,000 Is Most Important
Este artículo también está disponible en español. Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions. Crypto analyst Kevin (Kev_Capital_TA) noted a significant range between $96,000 and $111,000, calling it the most pivotal zone on Bitcoin’s liquidation heatmap. This zone could determine the market’s next trajectory after months of back and forth…
Dogecoin ETFs Will Skyrocket Price To $15, Forecasts Analyst
Este artículo también está disponible en español. Following Bitwise’s and Rex Shares’ recent application for spot Dogecoin ETFs in the United States, crypto analyst Ali Martinez has provided a technical outlook suggesting Dogecoin (DOGE) could ascend to $15. His analysis, detailed in a logarithmic chart spanning from 2017 to 2025, captures a massive ascending channel that highlights the potential upward trajectory for DOGE. Dogecoin Targets $15 Martinez’s chart delineates a long-term ascending channel where Dogecoin’s price action is bounded by a structure consisting of three parallel trendlines. The lowest of…
TRUMP Token Tops XRP In Trading Volume Despite Sharp Decline
Este artículo también está disponible en español. A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices plummet. The trading volume surge by the TRUMP token is more interesting in this scenario of high volatility and uncertainty. Related Reading Speculation Fuels TRUMP Token’s Rally Despite…
Public Miners Surpass 35% of Bitcoin’s Total Hash Rate: MARA, CLSK and IREN Exceed 2024 Expansion Targets
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth. Miners Exceed 35% Network Share The following guest post […] Original
Best Crypto Presales to Buy Now for 100x — Larry Fink’s $700K Bitcoin Prediction
BlackRock, one of the biggest investment companies in the world, has given crypto enthusiasts a new reason to be excited. Its CEO, Larry Fink, has said that Bitcoin can be expected to make huge price moves, potentially reaching the $700K mark soon. The BlackRock CEO explained how political and economic instability is acting as a catalyst for Bitcoin, which serves as an internationally recognized currency free from any local fears. What’s more, Bitcoin is still holding steady above $104K, with a 12% uptick in the last month. With all the signs…