Day: February 6, 2025

Dogecoin Adoption Grows As Canadian Blockchain Firm Buys 1 Million Tokens

The cryptocurrency world is abuzz with Neptune Digital Assets Corp.’s recent acquisition of a substantial chunk of Dogecoin. The publicly-traded Canadian corporation has acquired a cool 1,000,000 DOGE units, apparently unconcerned by the erratic character of the meme-coin market. This is a bold move, indicating a strong conviction for the long-term viability of a cryptocurrency sometimes written off as a passing online joke. Is this, then, a wise investment or a risky gamble? Strategic Acquisition And Future Expansion Following their strategic purchase, Neptune paid an average price of $0.37 for…

Winklevoss Twins Eye Gemini IPO

Cryptocurrency exchange Gemini, founded by billionaire twin brothers Tyler and Cameron Winklevoss, may file for an initial public offering (IPO) this year according to reporting by Bloomberg. The firm is one of the largest global exchanges by 24-hour trading volume – about $170 million, according to the Coin Market Cap website where it’s currently ranked […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says

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Este artículo también está disponible en español. An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new post on X, analyst Ali Martinez has discussed about where Ethereum could head next based on a pattern forming in its 12-hour price chart. The pattern in question is an Ascending Parallel Channel from TA, which, as its name implies, involves two parallel trendlines…

Risk and Reward: Families Betting on Bitcoin to Fund Their Children’s Education

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Driven by beliefs in bitcoin’s potential for significant gains, some U.S. parents are shifting a portion of their children’s college savings from traditional 529 plans to cryptocurrency. Disappointing 529 Returns Prompt Bitcoin Interest Some U.S. families are reportedly putting a portion of their children’s college savings in bitcoin (BTC), believing the cryptocurrency typically outperforms stocks. […] Original

Ethereum’s ‘Pectra’ upgrade set for Holesky and Sepolia testnets

Ethereum’s Pectra upgrade is set to go live on the Holesky and Sepolia testnets in February and March, according to the latest announcement from core developers. On Feb. 6, Ethereum (ETH) core developers confirmed that the Pectra upgrade will launch on the Ethereum test networks Holesky on February 24, 2025, and Sepolia on March 5, 2025. If all goes well, the highly anticipated network update will go live on the mainnet in April. Earlier timelines had the mainnet in March Tim Beiko, an Ethereum core developer and Ethereum Foundation support…

Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K

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Este artículo también está disponible en español. Ethereum experienced one of the craziest days in its history last Monday, plunging over 30% in less than 24 hours amid widespread market panic fueled by U.S. trade war fears. However, within hours, ETH staged an impressive recovery following President Trump’s announcement of negotiations with Canada and Mexico to ease tariff concerns. This sharp rebound has reignited optimism among investors, with many now closely watching Ethereum’s next move. Related Reading Despite the recent volatility, top analyst Jelle shared a technical analysis revealing that…

Bitcoin’s Correlation With Markets Grows, Challenging ‘Safe Haven’ Narrative

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Bitcoin’s correlation with global markets—attributed by some to increased institutional investment and algorithmic trading—challenges the narrative of it being a safe-haven asset, similar to gold. Bitcoin’s ‘Safe Haven’ Claim Challenged Following the U.S. imposition of a 25% tariff on Canadian and Mexican imports, bitcoin (BTC) briefly plummeted below $93,000, dragging the crypto market down. The […] Original

Crypto.com Appoints Giuseppe Giuliani as Senior Managing Director, Global Head of Exchange

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Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 In this executive interview at the iFX Expo Dubai 2025, Alan Ali,…

1inch Elevates Cross-Chain Trading via ZKsync Alliance  

1inch has woven ZKsync into its cross-chain swap architecture, empowering users to exchange assets across networks with accelerated processing and minimized fees. ZKsync Joins 1inch’s Cross-Chain Ecosystem This upgrade aims to amplify 1inch’s technical prowess, permitting asset transfers between blockchains via ZKsync’s layer two (L2) framework. By leveraging zero-knowledge rollup (ZK-Rollup) protocols, ZKsync condenses transactions, […] Source CryptoX Portal

Bitcoin Price Analysis: Rollercoaster Fluctuations as Key Support Faces Ultimate Test

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Bitcoin oscillated between $95,850 and $96,234 in the past sixty minutes, boasting a valuation of $1.917 trillion, a global volume footprint of $47.52 billion, and a daily price spectrum stretching from $95,850 to $99,131. It now lingers 11% beneath its historic lifetime price high. Bitcoin The hourly chart reveals price stabilization with modest declines as […] Original