After surging by over 60% in the last three months, thanks to Donald Trump’s victory, the selling pressure for Bitcoin is no longer a point of concern for the overall crypto market. In fact, large whales are now in the mood to hold on to their Bitcoin investments for the long term, meaning prices could see a further move upwards in the coming months. With Bitcoin poised for a whale-driven rally, the crypto space across the board is also expected to follow suit and cough up some mind-boggling returns for…
Month: January 2025
Ethereum Tests Massive Falling Wedge – Breakout Could Target $4K Cycle Highs
Ethereum (ETH) has been trading within a narrow 4-hour range between $3,150 and $3,500, leaving investors frustrated with its lackluster performance in recent weeks. As other assets in the crypto market make strides, Ethereum’s sideways movement has caused many to question whether it can regain its momentum this year. The prolonged consolidation has dampened sentiment, with some investors beginning to lose patience and faith in ETH’s ability to deliver substantial returns. Related Reading However, optimism remains among technical analysts who see Ethereum nearing a critical inflection point. Top crypto analyst…
Jack Mallers: Ripple Is Spending Millions to Undermine Strategic Bitcoin Reserve
Jack Mallers, CEO of Zap, stated that Ripple, a cryptocurrency company, was actively lobbying against a strategic bitcoin reserve. In what he called an emergency press conference on social media, Mallers claimed that Ripple was “actively spending” millions of dollars trying to undermine a strategic bitcoin reserve in the U.S. Mallers revealed that Ripple would […] Source CryptoX Portal
Solana Faces New Competition by Lightchain AI in a Meme Coin Era
PRESS RELEASE. The crypto world is abuzz with the recent launch of the Trump-themed meme coin, creating waves across the ecosystem and putting Solana (SOL) and other major networks under the spotlight. With meme coins gaining traction faster than a rocket to the moon, Solana and its contenders are feeling the heat. But what does […] Source CryptoX Portal
Bitcoin Price Top Could Be At $180,000 In This Cycle , Blockchain Firm Explains How
It has not been all rosy in the past week, but the digital asset market has reacted fairly well to the start of Donald Trump’s new administration. Specifically, the Bitcoin price has been able to weather the uncertain storm clouding the cryptocurrency market over the past few days. While the premier cryptocurrency might have slowed down in recent days, the latest on-chain observation shows that BTC is likely to continue its upward movement. Here’s how the token price might be gearing for another leg up over the coming weeks. Is There…
Blackrock CEO Larry Fink Believes Bitcoin Could Reach $700K
Blackrock’s CEO believes that institutional bitcoin adoption could push BTC’s price to $700,000, highlighting its role as a hedge against currency debasement and financial instability. Larry Fink: Institutional Bitcoin Demand Could Boost Prices to $700K The CEO of Blackrock, the world’s largest asset manager, Larry Fink, shared bold predictions about bitcoin’s future value during a […] Original
Top 20 Wallets Control Over 50% Of Supply, But Who’s Number 1?
Este artículo también está disponible en español. XRP, the native cryptocurrency of the Ripple network, has seen its price grow massively in recent months, allowing it to overtake many other large-market cap cryptocurrencies. At the time of writing, XRP is the third-largest crypto by market cap, and current buying trends suggest it might stay there for a while. As of January 25, 2025, the altcoin has a total supply of 100 billion tokens, with approximately 57.64 billion currently in circulation. Notably, a significant portion of this circulating supply is concentrated…
BlackRock Ethereum Holdings Surpass 1.2 Million ETH Amidst Strong Institutional Adoption
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Bitcoin Giant Microstrategy Caught in Biden’s Tax Web
This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose a notable financial obligation on the firm. Microstrategy’s Billion-Dollar Bitcoin Gamble Hits a Snag: CAMT Tax Law Looms, […] Original
Still Waiting For An Altcoin Season? These Metrics Show Why It Might Never Happen
Este artículo también está disponible en español. Bitcoin has yet to relinquish its dominance in this market cycle, leaving many investors still holding onto hopes for the arrival of an altcoin season. Still, there remains a possibility that an altcoin rally might never come to fruition this season, given the recent market trends this cycle. Crypto analyst Ali Martinez echoed this perspective in a recent post on X, claiming that an altcoin season may never return. His observation sheds light on the change in market dynamics and the significant shifts…