Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum’s canonical stablecoin, maintaining the same contract address. Transfers […] Source CryptoX Portal
Month: January 2025
Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible?
Este artículo también está disponible en español. According to a TradingView crypto analyst named ‘TradingShot,’ the Bitcoin price has formed a Double Bottom pattern and is on track to reach a new All-Time High (ATH) of $112,000. This potential shift in trajectory comes after the cryptocurrency experienced a severe price crash that briefly pushed it below the $100,000 mark. Bitcoin Price Finds Strong Support At Double Bottom The Bitcoin price crashed below $100,000 earlier this week as the China-based Artificial Intelligence (AI) model DeepSeek gained significant popularity across the US…
Bitcoin’s early adopters hit big in 2017, this crypto aims to do it faster
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, a new crypto, aims to grow and provide returns faster than Bitcoin. Bitcoin (BTC) took nearly eight years after its launch in 2009 to create its first wave of millionaires. Today, the crypto space moves at lightning speed, and new projects like Lightchain AI (LCAI) aim to accelerate wealth creation. With a presale raising $13.5 million and tokens priced at $0.00525, Lightchain AI has ambitious plans to…
Texas Lieutenant Governor proposes Bitcoin reserve for 2025
Texas Lieutenant Governor Dan Patrick has announced plans to establish a “Texas Bitcoin Reserve” as part of his top legislative priorities for the 2025 session. The proposal underscores Texas’ ongoing push to integrate Bitcoin (BTC) into its financial strategy and reinforce its status as a blockchain-friendly state. “Over the last four years, the Texas Senate held the line, fighting back against President Biden’s disastrous agenda,” Patrick said. “Now, with President Trump back in office, Texas has a friend in the White House.” Texas has seen tensions between crypto miners and…
MVRV Ratio Reveals Bitcoin Market Position Amid Short-Term Selling Pressure
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Sandboxes Are a Way Out of the Regulatory Sandstorm
Regulation by enforcement is beginning to crumble, with a court recently ruling that the SEC’s refusal to issue a crypto rule was unlawful. A new crypto-friendly administration stands ready to create crypto clarity through new appointments at the SEC and the CFTC. New acting CFTC Chair Caroline Pham has proposed an uncommon approach, namely the regulatory sandbox. A regulatory sandbox is a waiver of regulations but in a supervised environment. Projects can test innovative ideas outside rigid regulatory frameworks. Federal digital asset sandboxes may come sooner than you think, but…
Bitcoin Technical Analysis: BTC Balances Between Bullish Momentum and Short-Term Resistance
As of Jan. 29, 2025, bitcoin trades at $102,785, hovering within a 24-hour range of $100,272 to $103,053. The cryptocurrency’s market capitalization stands at $2.02 trillion, supported by $35.55 billion in daily trading volume. Bitcoin While bitcoin‘s broader trend remains bullish, consolidation near $102,000 reflects caution among traders, with critical resistance at $104,000–$105,000 and immediate […] Original
Trump’s executive order could break Bitcoin’s 4-year cycle: Bitwise CIO
U.S. President Donald Trump’s executive order on crypto, coupled with an overall regulatory pivot in the United States, could break Bitcoin’s four-year cycle. That’s the view of Matt Hougan, chief investment officer at asset manager Bitwise. The Bitwise executive shared his outlook in a note published on Jan. 29. “Specifically, I’ve been wondering if the recent change in Washington’s attitude toward crypto is a big enough catalyst to “break” the four-year cycle and extend crypto’s current bull market into 2026 and beyond,” Hougan wrote. Bitcoin’s four-year cycle Historically, Bitcoin (BTC)…
Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level
Este artículo también está disponible en español. Dogecoin (DOGE) has been in a short-term downtrend for the past two weeks, shedding over 29% of its value since hitting a local high on January 18. The meme coin has faced consistent selling pressure, mirroring broader market uncertainty. However, this downtrend may be nearing its end as DOGE approaches key demand levels that have historically supported price recoveries. Related Reading Top analyst Scient shared a technical analysis on X, highlighting that Dogecoin is setting up for a massive leg higher. According to…
Bitwise Seeks SEC Approval for Dogecoin ETF—Will Meme Coins Go Mainstream?
Bitwise aims to launch a dogecoin ETF, tracking DOGE’s price directly. Will the SEC approve it? The industry anticipates more crypto ETFs in 2025. Bitwise Files for Dogecoin ETF Amid Growing Crypto ETF Trend Bitwise Investment Advisers LLC has formally submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for a proposed […] Source BitcoincryptoexchangeExchanges CryptoX Portal