According to Dow Jones Market Data, the S&P 500 has historically thrived in “Santa Claus rallies,” closing higher 77% of the time since 1950. In contrast, Bitcoin’s performance during this year-end trading window has been much less consistent, rising only half the time in 14 holiday seasons since its inception in 2010. While stocks stick to traditional trading calendars, Bitcoin's 24/7 market creates a slightly different year-end dynamic. According to Tyler Richey, technical analyst and associate editor at Sevens Report Research, Bitcoin’s trading volumes have been steadily decreasing since the BTC price surpassed $100,000 earlier this month. Related News: The Central Bank of South Korea issued a statement on Cryptocurrencies: A Positive Development “The decline in trading volume is a sign that bullish sentiment is waning,” Richey said in his comments. Despite this, Richey sees potential for a recovery. From a technical perspective, Bitcoin could rally toward $100,000 after recent weakness triggered by the Fed’s latest moves. “If we see a break above the congestion resistance at $100,000-$101,500 on the daily chart, a retest of the current close and intraday highs of $106,000-$108,000 would become extremely likely,” Richey said. *This is not investment advice. Continue Reading: Experienced Analyst Reveals: “For Bitcoin Price to Surpass $108,000…”
The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of crypto assets. According to a report by the Yonhap News Agency, the U.S. Department of Homeland Security and the government of South Korea signed an agreement to jointly develop technologies aimed at curbing attacks on crypto platforms and infrastructure as well as tracking stolen crypto assets. US and South Korean researchers will also focus on how stolen financial assets are laundered or converted into crypto assets using illegal ransomware or other techniques. Per the Yonhap News Agency, the US picked South Korea for the collaborative effort on crypto assets as the country’s neighbor and geopolitical rival North Korea is viewed as a major perpetrator of crypto heists. In August of 2022, for instance, blockchain analysis platform Chainalysis said that North Korea was responsible for most of the crypto heists happening on decentralized finance (DeFi) protocols. “Much of the value stolen from decentralized finance (DeFi) protocols can be attributed to bad actors affiliated with North Korea, especially elite hacking units like Lazarus Group. We estimate that so far in 2022, North Korea-affiliated groups have stolen approximately $1 billion of cryptocurrency from DeFi protocols.” Earlier this year, a member of a United Nations expert panel tasked with the monitoring of sanctions on North Korea reportedly disclosed that the hermit state uses the crypto mixer Tornado Cash to launder stolen crypto assets. The hermit state is said to use the proceeds of its crypto heists to fund its nuclear and missile programs. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report appeared first on The Daily Hodl .
The success of Lightchain AI's presale attracts Solana’s early investors. #sponsored
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The success of Lightchain AI’s presale attracts Solana’s early investors. Table of Contents Rising interest among Solana’s early backers Why presale tokens capture investor attention Lightchain AI’s roadmap and prospects Early investors in Solana are now turning their attention to Lightchain AI (LCAI) , a token making waves with its transformative fusion of blockchain and artificial intelligence. LCAI stands out with its potential real-world applications, decentralized governance, and Proof of Intelligence consensus. With a roadmap focused on reshaping AI development, Lightchain AI has sparked immense interest, positioning itself as a top contender in the evolving crypto landscape. Rising interest among Solana’s early backers Lightchain AI’s presale success has captured the attention of early Solana investors, drawn to its integration of AI and blockchain. Currently in Stage 8, the presale offers LCAI tokens at $0.00375, having raised over $4.16 million. This momentum reflects growing confidence in Lightchain AI’s potential to deliver scalable, decentralized solutions. Solana’s early backers see parallels in Lightchain AI’s focus on innovation and utility. The project will stand out with its seamless integration of artificial intelligence and blockchain, offering scalable and privacy-preserving solutions. For example, its Artificial Intelligence Virtual Machine (AIVM) will enable efficient execution of AI workloads, making it ideal for real-time decentralized applications. Moreover, the platform’s emphasis on decentralized governance and transparency fosters trust and inclusivity. These unique features will create a dynamic ecosystem that appeals to developers, enterprises, and investors seeking transformative blockchain solutions. You might also like: Seasoned trader: XRP firmly above $1, ADA and LCAI to steal the spotlight Why presale tokens capture investor attention Investors who buy tokens before they go on public markets get better chances for big gains as interest grows. Tokens such as Lightchain AI, sold during presale at $0.00375, show this draw by mixing low cost with hopeful new ideas Additionally, presales give a look into a project’s path and tokenomics, helping make smart choices. For Lightchain AI, special traits like Proof of Intelligence boost its potential,͏ pulling strong buyer attention. Lightchain AI’s roadmap and prospects Lightchain AI’s roadmap lays a strong foundation for transformation and long-term growth. With milestones like the development of the Artificial Intelligence Virtual Machine (AIVM) and testnet rollout, the platform is designed to address real-world challenges through scalable, decentralized solutions. These early phases set the stage for the mainnet launch and broader ecosystem expansion. Looking ahead, Lightchain AI’s focus on global adoption and cross-industry integration positions it as a transformative force in the blockchain and AI landscape. Its commitment to transparency, inclusivity, and scalability will ensure sustained growth. For more information on Lightchain AI, visit their website , whitepaper , X , or Telegram . Read more: Analysts: This altcoin has the potential to surpass established cryptos Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen. Pseudonymous analyst Rekt Capital tells his 523,400 followers on the social media platform X that Bitcoin is looking near-term bearish as it struggles to reclaim key support levels on the weekly chart while it chops around the $90,000 range. “[Monday], Bitcoin showed some signs of a relief rally after which price was rejected to almost new lows. [Tuesday], Bitcoin [was] rebounding yet again and once again into the old support. Overall, as long as the previously lost supports turn into new resistance additional downside should be expected. Conversely, a reclaim of these previously lost supports would obviously be bullish.” Source: Rekt Capital/X Source: Rekt Capital/X The analyst also says that a Bitcoin correction during these weeks of the current bull market cycle is not unusual based on historical precedence, and it could set the flagship crypto asset up for rallies. “BTC is offering more confirmation for additional downside than reasons to be bullish for the moment. Once Bitcoin clears its historically corrective weeks seven, eight and nine in price discovery the opposite will be true. It’s Christmas and this retrace is a gift.” Lastly, the analyst suggests that Bitcoin has about 38% left to complete in the bull market cycle based on previous cycles and that the final stage is traditionally the most explosive phase. “Bitcoin bull market progress: 62%. (Progress will speed up in the parabolic phase).” Source: Rekt Capital/X Bitcoin is trading for $98,151 at time of writing, up more than 125% in the last year. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/80’s Child The post Additional Downside for Bitcoin To Be Expected As Resistance Remains Strong, According to Analyst appeared first on The Daily Hodl .
Ripple CTO David Schwartz has publicly criticized the SEC’s regulatory approach, asserting that the cryptocurrency industry deserves clearer guidelines. In a pointed social media post, Schwartz’s comments align with heightened
Dogecoin has increased by nearly 5% due to market speculation. Market sentiment improved following Donald Trump's election victory. Continue Reading: Dogecoin Price Rises as Market Anticipates ETF Launch The post Dogecoin Price Rises as Market Anticipates ETF Launch appeared first on COINTURK NEWS .
When it comes to the next high-return investments, two names stand out: Filecoin ($FIL) and Altura ($ALU). Both are exciting projects, but one stands out for its potential to deliver massive gains. While Filecoin offers stability, Altura is a hidden gem with the chance to grow 10x, 15x, or even 20x. Let’s break it down. Filecoin ($FIL): A Solid but Limited Option Filecoin is a big name in the decentralized storage world, with a market cap of $3.3 billion. It’s already listed on major exchanges like Binance and Coinbase, making it accessible to millions of investors. But this also means Filecoin’s growth potential is limited. - To 10x, Filecoin would need to grow its market cap to $33 billion, which is very difficult in today’s market.- Realistically, Filecoin has room for a 2-3x growth, bringing it to $6.6–$10 billion. While that’s respectable, it doesn’t match the explosive potential of smaller, undervaluedprojects like Altura. Altura ($ALU): The Undervalued Gem Altura is a much smaller project with a market cap of just $100 million, making it extremely undervalued compared to Filecoin. This gives it a huge opportunity to grow. - If Altura grows 10x, its market cap would reach $1 billion, which is very achievable.- With the right momentum, it could grow 15x or even 20x, reaching $1.5–$2 billion, placing it in the ranks of mid-cap crypto projects. 1. Not Yet on Major Exchanges Altura isn’t listed on Binance or Coinbase yet, which have over 300 million users combined. A listing on these platforms could skyrocket Altura’s price and visibility. 2. Revolutionary Technology Altura focuses on AI-powered smart NFTs. These are intelligent digital assets that can adapt based on user interactions or real-world events. This technology is cutting-edge and has massive use cases in gaming and virtual economies. 3. Room for Massive Growth With its small market cap and innovative ideas, Altura has the space to grow rapidly. As more people recognize its value, Altura could become a multi-billion-dollar project. Why Altura is the Better Bet While Filecoin is a great choice for investors looking for steady, moderate returns, Altura is where the real growth potential lies. Its low market cap, innovative tech, and chances of being listed on major exchanges make it a strong contender for 10x or more. - Filecoin is reliable but already mature, with limited room to grow.- Altura is still in its early stages, with the potential to explode in value as more investors discover it. Final Thoughts: Altura is the Future If you’re looking for a cryptocurrency that could multiply your investment many times over, Altura ($ALU) is the better choice. It has everything—low market cap, innovative tech, and untapped potential. With the right momentum, Altura could be one of the next big names in crypto.As always, do your research and invest wisely, but don’t miss out on what could be a life-changing opportunity with Altura. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Cryptocurrencies have become a mainstream investment vehicle in South Korea, with 30% of the population now participating in the market, according to the Bank of Korea. Recent data shows the country’s crypto industry growing rapidly, approaching parity with traditional stock market activity. As of the end of November, there were 15.59 million cryptocurrency investors in South Korea, up 610,000 from the previous month, accounting for nearly a third of the country’s total population of 51.23 million. The average daily trading volume on South Korean digital asset exchanges reached 14.9 trillion won (about $10.5 billion) in November, close to the daily trading volumes of the KOSPI Index (9.92 trillion won) and the Korea Enterprise Index (6.97 trillion won). Related News: New Development in the Fate of Terra (LUNA) Founder Do Kwon The total value of cryptocurrency assets held by South Korean investors rose to 102.6 trillion won ($70.3 billion) in November, a significant increase from 58 trillion won ($39.7 billion) in October. This growth reflects broader trends in the global cryptocurrency market. Data from the Financial Services Commission (FSC) showed that South Korea’s virtual asset market capitalization increased by 27% in the first half of the year, reaching 55.3 trillion won ($40.1 billion) at the end of June, from 43.6 trillion won six months earlier. From January to June, the average daily transaction value increased by 67% to 6 trillion won, while market operators reported a 106% increase in operating profit to 590 billion won. The number of market users increased by 21% to 7.78 million, and trader deposits in Korean won increased by 3% to 5 trillion won. *This is not investment advice. Continue Reading: The Central Bank of South Korea issued a statement on Cryptocurrencies: A Positive Development
The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%. Although the broader trend suggests a possible move on the weekly timeframe towards a new all-time high (ATH), recent technical analysis on TradingView has opened up the possibility for a continued correction towards $0.43 before another strong upward move. Current Price Movements Highlight Resistance And Cooling Period According to technical analysis of the Cardano (ADA) price action on the weekly candlestick timeframe, the cryptocurrency has encountered notable resistance around the $1.2046 mark. This resistance has emerged after Cardano’s remarkable 205% surge from $0.4322 in late October to $1.32 in late November. Related Reading: XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13 Interestingly, this remarkable price surge saw Cardano form significant lows that serve as support levels for the price. Furthermore, the rally ended up with Cardano entering the overbought zone on the Relative Strength Index (RSI) indicator. The rally culminated in the Cardano price peaking at 82.87 on the RSI, but it has since retraced into a cooling/corrective period where buying pressure is consolidating at the time of writing. Cardano’s consolidation has opened up outlooks as to its next direction, with substantial buying volumes observed in recent trading sessions. Deep Correction Could Test Critical Support At $0.43 While the long-term outlook remains bullish, the analysis highlights the scenario of a deep correction that could send the Cardano price falling further in the short term. With this in mind, the analyst points to support levels that ADA may revisit in the event of a deeper correction. The first key level at $0.7683 has already proven its significance, acting as a reactionary zone in recent price movements. Related Reading: Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000 Below this, $0.4322 stands as the ultimate support for the current bullish leg. What this means is that ADA has to hold above the $0.43 support level in order for a bullish trajectory to remain valid. Failure to hold above $0.43 is likely to cascade into more price declines at this point and a change into bearish outlook. The analyst also identifies $0.3166 and $0.2427 as primary supports. These levels are Cardano’s lowest support during the previous bear market and are considered less likely to be breached in case of a longer-term decline. Despite the potential for a deep correction, Cardano’s recent market behavior and buying trends suggest a promising long-term outlook. At the time of writing, ADA is trading at $0.912 and has increased by 2% in the past 24 hours. Once the current resistance at $1.2046 is cleared, ADA is well-positioned to challenge its $3.09 all-time high and possibly establish new highs in the current cycle. Featured image created with Dall.E, chart from Tradingview.com