Month: February 2025

Dogecoin Breakout Coming? Analyst Identifies Key Price Level

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Este artículo también está disponible en español. In his latest technical breakdown posted on X, analyst Kevin (@Kev_Capital_TA) highlighted a pivotal threshold on Dogecoin’s daily chart. According to Kevin, reclaiming the $0.28 region on a weekly close—and then showing clear follow-through—could set Dogecoin on a path toward retesting its all-time highs. He notes: “Get back above the .28 cents level on Dogecoin on a weekly close and show follow through and my thought process is we attack the highs not too long after that. I have been allocating into a…

Bank of Montreal Has Been Quietly Buying Bitcoin ETFs

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The Bank of Montreal (BMO), Canada’s third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday. The regulator requires institutional investment managers who manage more than $100 million […] Original

Avalanche Shows Signs Of Recovery As Key Indicator Flashes A Buy Signal – Details

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Este artículo también está disponible en español. Avalanche (AVAX) has faced relentless selling pressure since mid-December, with its price plummeting over 60% and erasing all the gains from its impressive November 2024 rally. This sharp decline has left investors on edge, fueling fear and uncertainty as Avalanche mirrors the bearish trends seen across the broader crypto market. Doubts about AVAX’s potential to recover and generate significant gains have started to dominate market sentiment, leaving many questioning whether a rebound is possible in the near term. Related Reading However, amidst this…

‘DOOD’ Token Revealed: Doodles’ Latest Play in the High-Stakes NFT Arena

The non-fungible token (NFT) enterprise Doodles has unveiled plans to debut a Solana-powered digital currency, capped at roughly 10 billion units. NFT Project Doodles Sets 10 Billion ‘DOOD’ Tokens in Motion On Thursday, the brand’s X account proclaimed the arrival of *DOOD*, its official blockchain asset. “Introducing DOOD, the official token of Doodles,” the announcement […] Source CryptoX Portal

Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express

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Seagate Chia-gate An investigation by German news outlet Heise has revealed a growing number of complaints from customers claiming their brand-new Seagate hard drives are actually used. The outlet suspects these drives may have been recycled from Chia mining farms in China and resold as new. Seagate reportedly told Heise that these used drives are being resold through unofficial markets, not by its authorized distributors. Chia mining gear from Chinese farms reenters the market as new Seagate products. (Benjamin Lehman) Chia farming, introduced by the Chia Network in 2021, was…

Bitcoin Flag Pole Pattern Puts Price At $120,000, Analyst Explains The Roadmap

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Este artículo también está disponible en español. The crypto market has been experiencing significant volatility, with the Bitcoin price leading the charge. Over the past month, BTC has been trading sideways, recording declines that have pushed its value below the $100,000 mark. As analysts speculate about the cryptocurrency’s next major move, recent data suggests that a classic Flag Pole pattern is beginning to emerge on the Bitcoin price chart. The crypto analyst who has identified this pattern has shared a bullish roadmap prediction for Bitcoin, projecting that it could rise…

Coinbase (COIN) Q4 Results Were Reported on Thursday

Coinbase (COIN) topped already strong estimates for fourth quarter results, posting a 138% year-over-year gain in revenue. The leading U.S. crypto exchange posted fourth quarter revenue of $$2.27 billion against consensus $1.84 billion and $1.26 billion three months prior. Trading volume in the fourth quarter was $439 billion, up 185% from the year-ago level. Transaction revenue of $1.56 billion was higher by 194% year-over-year. “Crypto’s voice was heard loud and clear in the U.S. elections, and the era of regulation via enforcement that crippled our industry in the U.S. is…

Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA

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Este artículo también está disponible en español. As large companies increase their engagement in the cryptocurrency sector, the Cardano ecology is changing dramatically. According to recent data, wallets holding over a million ADA have been rapidly growing since November 2023, amassing an additional 1.41 billion ADA tokens. This significant accumulation, which accounts for 2.35% of Cardano’s total supply, conveys a clear statement about the project’s institutional support. Related Reading Cardano: Whale Activities Signal Market Confidence Whale movements have had nothing less than a remarkable outcome: Santiment’s research reveals a solid…

Eric Semler urges Zoom to adopt a Bitcoin treasury strategy

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Eric Semler, Chair of Semler Scientific, has called on Zoom Communications to allocate its $7.7 billion cash reserves to Bitcoin, arguing it could drive growth and shareholder value.  According to an X post, Semler cited his firm’s success with a similar strategy, accumulating 3,192 BTC valued at $305 million, which helped double its stock price since last year. Semler labeled Zoom a “Zombie Zone” company, pointing to its underwhelming market performance. Over the last three years, Zoom’s shares have dropped roughly 40%, underperforming the S&P 500 by approximately 73%.  In…