On Jan. 12, 2025, bitcoin’s price has been drifting within the $95,000 range, while market participants on prediction platforms such as Kalshi and Polymarket are placing their bets on its future trajectory. Currently, a Polymarket wager suggests a 12% likelihood that bitcoin could climb to $120,000 by the close of the month. Kalshi and Polymarket […] Original
Bitcoin’s price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near $108,364. The price rebounded from a $91,215 low to consolidate […] Original
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
Ripple’s USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple’s new USD-backed stablecoin, on its platform. This […] Source
Are the recent liquidations and falling prices setting the stage for a longer crypto winter, or could this be the breather before another bull run? Crypto market stumbles as year-end draws near As the year winds down, the crypto market seems to be taking a pause after a prolonged bullish run, with the global market cap shedding more than 6% to settle around $3.47 trillion as of Dec. 20. Bitcoin (BTC) has slipped below the crucial $100,000 mark, trading at $96,680 as of this writing — a drop of nearly…
Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by BTC’s massive plummet. Crypto Market Carnage It was not a stellar day for bitcoin (BTC), […] Original
Este artículo también está disponible en español. A leaked proposal to Russian finance minister, Anton Siluanov on the creation of a bitcoin strategic reserve in Russia, is adding to speculation about an imminent Bitcoin Space Race between the two global superpowers. This, after President-elect Donald Trump pledged to establish his own Strategic Bitcoin Reserve in the US, even suggesting part of the US debt “could be “paid off” with Bitcoin. The leaked proposal hints Russia has its own reasons for getting into crypto: “In conditions of limited access to traditional…
FBS, a leading global broker, highlights the resurgence of alt-season, a phase in the cryptocurrency market characterized by the growing prominence of altcoins. The 2024 alt-season reflects evolving trends in blockchain innovation, with projects like Fetch.ai integrating AI into decentralized applications and Layer 2 solutions like Arbitrum enhancing scalability. Additionally, meme coins such as Dogecoin continue with community engagement, further diversifying the market landscape. FBS analysts attribute this alt-season to technological advancements, regulatory clarity, and the anticipation of Bitcoin ETFs, which are broadening the appeal of cryptocurrencies. Altcoins aim not…
Dogecoin (DOGE) keeps climbing on Dec. 7, 2024, as technical data from its 1-hour, 4-hour, and daily charts point to persistent bullish energy. Adding to the buzz, interest has spiked thanks to DOGE-related posts shared by Elon Musk on X. Dogecoin The 1-hour chart highlights a robust uptrend for dogecoin (DOGE), with the price rebounding […] Source CryptoX Portal
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…