Day: January 30, 2025

Solana Restested A Key Level And Now Faces Resistance – Breakout Next?

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Este artículo también está disponible en español. Solana (SOL) has been navigating extreme volatility as the broader market shifted from bearish to bullish within hours yesterday. After experiencing a sharp 25% decline from its all-time high (ATH) in less than two weeks, SOL tested a crucial demand level and is now making an attempt to recover lost ground. Related Reading Investors remain divided on whether Solana has bottomed or if another pullback is on the horizon. However, early signs suggest buyers are stepping in, defending key technical levels. Top analyst…

Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards

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According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. […] Original

Meme Coins Blaze While Lightchain AI Presale Nears Its Final Stage

PRESS RELEASE. The crypto market never ceases to amaze. From the wild popularity of meme coins driving buzz to groundbreaking AI innovations transforming industries, it’s impossible to ignore the waves of excitement rippling across the blockchain. Today, we spotlight two trending phenomena captivating the cryptosphere—meme coins’ explosive movements and the Lightchain AI presale, now approaching […] Source CryptoX Portal

Analyst Says December Surge Was The ‘Preview’, Don’t Miss The Movie

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Este artículo también está disponible en español. The crypto market is gearing up for an explosive altcoin season, which could see major cryptocurrencies skyrocket to new highs. After experiencing a surge in December, altcoins entered a correction, leaving their next move uncertain. However, Captain Faibik suggests that the recent pullback was merely a “trailer” for the main event, with February potentially marking the start of the next rally.  Bull Pennant Signals Altcoin Season Boom In a recent X (formerly Twitter) post, Captain Faibik suggested that the altcoin season may be…

Grayscale launches Bitcoin miner ETF, offering new exposure to crypto

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Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain exposure to the Bitcoin mining industry without directly investing in the cryptocurrency. Bitcoin miners play a key role in the Bitcoin (BTC) network, using powerful computers to solve complex mathematical problems that secure transactions and maintain network operations. In return, miners are rewarded with newly minted Bitcoin. The MNRS ETF…

Best Crypto to Buy for 100x Returns as FED Keeps Interest Rates Unchanged

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The FED has kept interest rates unchanged at a range of 4.25% to 4.50% after three consecutive rate cuts. Jerome Powell, FED chair, said that the policymakers are in no hurry to adjust their policy stance, which has been ‘significantly less restrictive.’ Unemployment rates have also stabilized at lower levels during the past few months, and labor market conditions look strong. Even better, Powell’s stance seems pro-crypto. He claimed banks can offer crypto services to customers, which is a bullish signal few people expected. This could shine bright on new…

Van de Poppe predicts potential for new ATH in the coming weeks as BTC Hits $105K

Crypto analyst Michaël van de Poppe said that there is a high chance Bitcoin will hit a new all-time high in the coming weeks. In a recent post on X, Michaël van de Poppe celebrated Bitcoin’s surge to $105,000 on Jan. 30. According to CoinGecko, Bitcoin (BTC) opened at $103,719 on this day and is now trading at $105,137. Expressing optimism, van de Poppe suggested that a new all-time high could be on the horizon in the coming weeks. #Bitcoin at $105,000 is a great morning. Likely chance that we’ll…

Dogecoin Poised For A 30% Move—Is A Breakout Imminent?

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Este artículo también está disponible en español. Once more, the price movement of Dogecoin draws attention. An analysis shows that DOGE may climb by 30% should positive momentum continue, therefore guiding the meme coin towards $0.43. Given Dogecoin’s signals of strength, traders are monitoring key technical levels to see whether a breakout is about to happen. Related Reading Dogecoin Gains Bullish Momentum In recent weeks, Dogecoin has been consolidating, but there are indications that a breakout is imminent. According to analysts, DOGE has set up solid support levels, and growing…

SUI Strong Resilience Play: Price Push Past $3.9 Resistance

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SUI has surged past the key $3.9 resistance level, sparking renewed optimism among traders and investors. This breakout marks a crucial shift in momentum, signaling that bulls are gaining control after a period of consolidation. The increasing buying pressure and strong trading volume indicate growing confidence in SUI’s potential for further upside.  If the uptrend continues, SUI could set its sights on higher resistance levels, fueling speculation of a sustained rally. However, maintaining this breakout is essential, as failure to hold above $3.9 might invite selling pressure and lead to…

XRP Logged $400M DEX Volumes in January, Ripple’s Brad Garlinghouse Says

Swap volumes on XRP Ledger’s decentralized exchange (DEX) crossed the $400 million mark in January as the network gains traction among larger players, Ripple Labs CEO Brad Garlinghouse said in a community call on Wednesday, Volumes average over $17 million daily this month, with over $1 billion since its 2024 launch. The rapid expansion of the XRP Ledger’s DEX was one of the key reasons that made 2024 “one of the most monumental years for Ripple,” Garlinghouse said, alongside the “early but promising…