Month: January 2025

Mark Cuban chooses Bitcoin over Gold as economic hedge

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Mark Cuban’s crypto confidence reflects a broader shift toward Bitcoin adoption. Known for his appearance on Shark Tank and his ownership of the Dallas Mavericks of the NBA, billionaire businessman Mark Cuban has once again made news by endorsing Bitcoin (BTC). Cuban recently stated, “I think it (BTC) has more value,” adding that he would prefer to own BTC than gold in the event of an economic meltdown. JUST IN: Billionaire Mark Cuban says he’d rather own Bitcoin than gold if something bad happens to the economy. “I think it…

XRP Price vs. BTC Pressure: Can It Hold Its Ground?

XRP price is holding the ground above $2.25 despite pressure on Bitcoin. The price is now consolidating and aiming for a fresh increase above the $2.40 resistance. XRP price is showing a few positive signs above the $2.25 zone. The price is now trading below $2.3650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.250 support.…

Bitcoin Freedom Act could pave new path for payment flexibility in Oklahoma

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Oklahoma bill aims to integrate Bitcoin into everyday transactions. Oklahoma State Senator Dusty Deevers has filed the “Bitcoin (BTC) Freedom Act” (SB325), which might signal a key step toward incorporating cryptocurrencies into conventional financial systems in the state. According to Bitcoin Magazine, the law would allow Oklahoma workers to choose BTC as their pay option and companies to take BTC payments from clients. The approach prioritizes choice for all parties and upholds free-market ideals by requiring participation to be completely voluntary. In light of the growing attention paid to decentralized…

Could $3K Be Tested Soon?

Este artículo también está disponible en español. Ethereum price failed to clear the $3,450 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,500. Ethereum started a fresh decline from the $3,450 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,400 resistance level. Ethereum…

Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point

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Este artículo también está disponible en español. Solana is currently trading at $197, marking a 13% decline from the local high it achieved earlier this week. The broader cryptocurrency market is experiencing heightened indecision, with some fear creeping in as Bitcoin struggles to reclaim the pivotal $100,000 level. This hesitation has created ripple effects across altcoins, including Solana, which has seen its recent momentum stall. Related Reading Top analyst Jelle shared a technical analysis on X, highlighting that $SOL/BTC could be a key pair to monitor in the coming weeks.…

Bitcoin Price Faces Mounting Pressure: Bears Take the Lead

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Bitcoin price extended losses and traded below the $95,000 zone. BTC is correcting gains and might struggle to recover above the $96,500 level. Bitcoin started a fresh decline from the $97,500 resistance zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $92,500 support zone. Bitcoin Price Dips Below $95K Bitcoin…

Boring? Binance Founder Downplays Bitcoin $100K Milestone

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Este artículo también está disponible en español. A former executive of the world’s largest cryptocurrency exchange expects that Bitcoin could soar higher than the $100,000 level. Former Binance CEO Changpeng Zhao believes that the firstborn cryptocurrency is capable of hitting a higher price point, following its brief recovery to $100,000 on Tuesday. Related Reading A “Boring” Level? Bitcoin embraced the new year on a positive note as the crypto recorded a recovery that catapulted it to reach the $100,000 mark. Zhao, who is also the founder of Binance, suggested that…

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

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Canaan, a bitcoin application-specific integrated circuit (ASIC) mining rig manufacturer, unveiled the Avalon Mini 3 and Avalon Nano 3S, bitcoin mining devices that also function as home heaters, at CES 2025 in Las Vegas. Canaan’s Avalon Mini 3 and Nano 3S Blend Mining and Heating Blockchain hardware titan Canaan (Nasdaq: CAN) has unveiled two avant-garde […] Original

XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board

Este artículo también está disponible en español. Despite recent declines and volatility, a crypto analyst has declared that the XRP price is on the cusp of breaking out of a bullish flag pattern. According to the analyst, a successful breakout of this bullish flag could result in a massive 50% price gain for XRP, bringing the cryptocurrency closer to its previous all-time high of $3.84, recorded during the 2021 bull run.    XRP Price Targets $3.6 After Bullish Flag Breakout Over the past few weeks, the XRP price has formed a…