Jacob King, an analyst with WhaleWire, has issued a warning about Bitcoin’s trajectory and the broader crypto market. In a post on X, King highlighted key developments that he believes could trigger a prolonged bear market. King pointed to MicroStrategy’s decreasing Bitcoin (BTC) purchases, El Salvador’s apparent shift away from its Bitcoin-focused policies, and BlackRock’s sizable sales of BTC holdings as critical warning signs for investors. In the past, King has frequently labeled MicroStrategy’s Bitcoin-focused business model a “giant scam,” arguing that it is unsustainable and destined for collapse. MicroStrategy’s…
Month: January 2025
Bitcoin Dominates 2024, Edges Gold And Major Indices
Este artículo también está disponible en español. If there’s one crypto asset that is expected to make it big this 2025, it has got to be Bitcoin. The premiere crypto has demonstrated remarkable success as it ushers in 2025. Registering solid numbers in the last few weeks, analysts have high hopes that it can make further breakthroughs. In fact, based on latest research, Bitcoin has surpassed conventional asset classes such as gold, cementing the optimism behind the coin. The digital coin’s success this year is unsurprising, attributable to several advantageous…
Adopsi Blockchain Mencapai Titik Tertinggi dengan Pencapaian $10 Triliun pada 2024 – Detail Lengkapnya
Indikator utama seperti tingkat adopsi, volume transaksi, dan tingkat aktivitas menunjukkan rekor tertinggi pada 2024, memberikan dorongan signifikan bagi teknologi blockchain. Meskipun menghadapi tantangan regulasi yang berkelanjutan, blockchain tetap berkembang pesat, seperti yang terlihat dari peningkatan ini. Jaringan blockchain telah membuktikan kemampuannya untuk bertahan dan kini bergerak menuju penggunaan yang lebih luas, di tengah pengawasan ketat dari regulator industri. Transaksi On-Chain Mencapai Puncak Baru Pencapaian paling menonjol dari blockchain pada 2024 adalah volume transaksi. Pada Desember, nilai perdagangan on-chain mencapai $817 juta, jauh melampaui rekor sebelumnya sebesar $730 juta pada…
IRS Crypto Tax Reporting Requirements Stir up Mass Confusion
Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines […] Source BitcoincryptoexchangeExchanges CryptoX Portal
How The 1-Day 50 MA Will Drive The Next Wave
Este artículo también está disponible en español. A crypto analyst has issued a new XRP price prediction, forecasting a potential breakout that could see the prominent cryptocurrency skyrocketing to $4.9. With the formation of a classic bull flag pattern and the 1-Day 50 Moving Average (MA) acting as a bullish catalyst, the analyst is increasingly confident that XRP will reach new All-Time Highs (ATH) in 2025. How The 1-Day 50 MA Will Propel XRP Price To $4.93 The 50-day MA is a technical indicator used to track the average closing…
This crypto could make up for missing early Bitcoin, Ethereum, and Solana
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance could be the next big crypto opportunity for those who missed out on early Bitcoin, Ethereum, and Solana. The crypto market has a history of presenting life-changing opportunities. Bitcoin in 2011, Ethereum in 2015, and Solana in 2021 are standout examples of how early investments in innovative projects have delivered immense returns. Missing those waves might feel like a lost chance, but Rexas Finance (RXS) is emerging…
BTC and ETH Defy Expectations: Report Highlights Calm Markets Amid Year-End Options Expiry
A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Cryptox.trade […] Source CryptoX Portal
Dogecoin Recovery In Sight: Strong Support Hints At Bullish 2025
It’s possible that Dogecoin (DOGE) will make a big comeback in 2025. Recent predictions say that DOGE could soon turn its luck around and win back the trust of investors after losing 40% in December 2024. But how likely are these predictions to come true, and what’s making people so hopeful? A Trend In History That Can’t Be Ignored In the past, Dogecoin has shown amazing endurance in its fourth market cycle year, regularly beating predictions. Alan Santana, a cryptocurrency analyst, says that trade in DOGE has recently become more…
Bitcoin perpetual swaps stabilize amidst year-end, Ethereum options on track for short-term volatility: report
Bybit and Block Scholes’ latest report reveals that the Bitcoin options market maintained stability in the face of year-end expirations, while Ethereum options are poised for brief volatility. According to a report published by crypto exchange Bybit and analytics platform Block Scholes, open interest in Bitcoin (BTC) perpetual swaps remained stable throughout the year-end expirations. This stability came as a surprise, as options nearing their expiration date typically cause price swings. The report suggests that traders are cautious but confident enough in their options’ stability that they did not overly…
Lightchain Presale Raises $8.5M, Poised to Rival Ethereum
PRESS RELEASE. The blockchain space heats up as Lightchain secures $8.5 million in its presale, setting the stage to disrupt the industry! With an ambitious vision and innovative technology, this rising contender is gearing up to compete with Ethereum and reshape the future of decentralized ecosystems. If you’ve been following blockchain’s evolution, you know how […] Source CryptoX Portal