Day: February 1, 2025

Third Dogecoin ETF Filing Goes Live From Grayscale, Is DOGE Gearing Up For Rally To $1?

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Este artículo también está disponible en español. Asset manager Grayscale has become the third to file to offer a Dogecoin ETF, sparking a bullish sentiment in the DOGE community. This development has also raised the possibility of the Dogecoin price rallying to $1 soon enough.  Related Reading Grayscale’s Dogecoin ETF Filing Sparks Optimism Of DOGE’s Rally To $1 Grayscale’s Dogecoin ETF filing has sparked optimism of a DOGE rally to $1. The New York Stock Exchange already filed the 19b-4 form with the US SEC to list and trade shares…

Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis

DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes. This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined. Key Insights: BTC…

Bitcoin’s Mempool Empties to Record Lows—Is Onchain Activity Drying Up?

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According to the latest statistics, following the first week of January, the number of unconfirmed transactions in the mempool has plummeted from slightly more than 200,000 to the current 7,723—a low not seen since 2022. Bitcoin Blockchain Activity Dips—Mempool at Lowest Level Since 2022 Transfer activity on the Bitcoin blockchain has diminished markedly since Nov. […] Original

AVAX Price Continues To Consolidate Around $35 — Here Are The Levels To Watch

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

XRP’s breakout above $5 on the horizon as Yeti Ouro aims for $10

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP gains attention amid talks of expanding the U.S. crypto reserve beyond Bitcoin, while Yeti Ouro extends its token bonus. This week, the crypto space has been dominated by debates about whether the Trump administration should expand its national crypto reserve to other tokens beyond Bitcoin, and XRP has emerged as a leading contender. The token has been trading in a tight range over the past few days, but…

Stablecoins Hit $200 Billion—A Massive Crypto Rally Ahead?

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Este artículo también está disponible en español. For the past few months, stablecoins have yielded the spotlight to their more speculative counterparts, including tokens inspired by politicians. However, recent on-chain data suggests that stablecoins are back and have surpassed the $200 billion market cap. Related Reading According to the data shared by Alphractal, the segment’s capitalization has surged to $211 billion, a record high, thanks to months of stable growth, which started in mid-2023. Stablecoins‘ market capitalization grew by 73% from its August 2023 value of $121 billion, updated data…

Top Presale $MIND to Help You Make Crazy Gains in This Bull Run

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Bitcoin has been the blue-eyed boy for crypto investors, making millions during its rise. While some investors adopt the ‘buy and forget’ approach, it might not be ideal for the average trader. Taking out occasional profits becomes essential to invest in better opportunities to pay your bills. However, in a rally that never seems to stop, it can be hard to time your exit perfectly. Here are some tools that can help you plan your exits better. The Active Address Sentiment Indicator (AASI) maps the relationship between Bitcoin price and…

5 Altcoins That Could Explode After Stablecoin Volume Surges $200B

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Este artículo también está disponible en español. After expanding by nearly $40B since Donald Trump’s victory in the US election, the stablecoin market has now soared past the $200B mark as far as market capitalization is concerned. One of the biggest reasons behind this terrific growth has been the increased use of bots, especially on Solana. It’s worth noting that stablecoins are an integral part of the crypto economy, seeing as they simplify switching between different crypto assets. A growth in stablecoin’s liquidity means more and more people are being…

Solo Miner Solved a Block and Got 3.146 BTC

On Jan. 30, 2025, several crypto influencer accounts celebrated the solo miner who managed to solve a block and grabbed the entire reward of 3.146 BTC for themselves. However, it turned out that the hashrate of the solo miner was donated by the 300+ members in a fundraiser for 256 Foundation. Several X accounts and at least one news outlet wrote about a “lucky” solo miner who won the entire mining reward of over 3.1 BTC. The Bitcoin Historian account on X claimed that the $400 worth home miner managed…