Can ETH bounce back after its recent bout of sell pressure?
World, formerly recognized as Worldcoin, disclosed the project achieved progress in 2024, marking a transformative chapter for the initiative. The network grew to encompass over 20 million participants, including 10 million verified human users expanding its global footprint. World Advances Blockchain Technology Amid Rapid Network Growth In a 2024 summary, the World.org blog reported that
Pepe Rescues Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Pepe Rescues Trump (PEPERTRU), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because PEPERTRU is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Pepe Rescues Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Pepe Rescues Trump could become the next viral memecoin. Pepe Rescues Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Pepe Rescues Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Rescues Trump by entering its contract address – HtgdKmNDff2UgXmmJYCryKhjVE2F89XMncNt8oThipHz – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPERTRU. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
The recent crypto market volatility has again spotlighted the worthy frontrunners that every savvy investor should focus on this year. Two rising stars are already making headlines with their innovative strides: Algorand’ s self-sufficient L1 network and the new Rollblock GambleFi protocol have emerged as the best crypto to buy now . These dynamic developments have caught the attention of Ethereum whale , who are eyeing these frontrunners for massive returns in 2025. So, sit tight as we unravel the mystery behind their glow. Rollblock’s iGaming solution attracts $8.5M investment. The best crypto to buy now ? Rollblock’s iGaming redefinition has become every punter’s favorite, and at this point, it’s logical to see why Ethereum whales are flocking in to have a piece of the cake. Over $8.5M has been raised to support a movement that finally prioritizes fun and user security in the $500B iGaming market. At its core, Rollblock is a revolutionary AI-backed crypto casino that leverages blockchain technology to deliver tamper-proof, transparent gambling. Coupled with a sleek, user-friendly interface, the platform quickly becomes a favorite for online gambling enthusiasts. Last month was a bang! Over $1.75M was wagered, and a 600% increase in deposits and signups was realized. The excitement doesn’t stop there. Rollblock’s innovative revenue-sharing model sets it apart as the best crypto to buy now . Now priced at $0.045 during stage 9 of its presale , $RBLK is poised for significant growth in 2025. Algorand ‘s glow up: Bullish technical stoke positive sentiment For a while, Algorand has been dazzling the crypto world with its innovative blockchain development crusade. Its decentralized, self-sustaining ecosystem has now gone beyond the usual secure, scalable, and efficient network to a thriving DeFi ecosystem that fosters blockchain growth. This distinctiveness has attracted institutional interest. Last month, the Algorand Foundation partnered with the UNDP to promote Web3 literacy, following its giant strides across Africa. Bullish technicals complemented the positive fundamentals. Despite market volatility, renewed institutional interest and demand from Ethereum whale s gave wings to the ALGO price on the price chart. Thanks to growing demand, ALGO ‘s price has broken out of a bearish descending trendline. Ethereum whale sell-off: ETH nearing another bottom as MoM crashes 9.2% It’s a rollercoaster ride for Ethereum . The DeFi king saw a massive exodus that wiped out most of its New Year gains. As of press time, Ethereum has fallen 9.2% MoM to a local low below $3,350. The culprits? Ethereum whale s and even the Ethereum Foundation, whose colossal sales have created significant downward pressure. Recent on-chain data shows Ethereum whale s are jumping the sinking ship in droves. In fact, two Ethereum whale s sold off over $250M worth of altcoins on Binance, and the wave of panic selling has shattered the critical $3,500 support level. This has pushed ETH towards the next support level at $2,800. Adding to the turmoil, the Ethereum Foundation is strategically offloading its holding. Conclusion Ethereum whale s are known for their impressive foresight. Algorand’ s massive potential in blockchain development didn’t go unnoticed, nor did Rollblock’s GambleFi revolution. While Algorand seals a new partnership, Rollblock has grown over 345%, thanks to its new iGaming solution, which positions it as the best crypto to buy now . Both assets present compelling opportunities for investors looking to capitalize on disruptive technologies and growing demand. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Frontrunners for 2025: Algorand’s Glow-Up and Rollblock’s Rise Stimulates Ethereum Whale Investors appeared first on Times Tabloid .
On January 10, recent data from SoSoValue revealed a significant net outflow of $149 million in the Bitcoin spot ETF. In contrast, Grayscale’s GBTC ETF experienced a modest net inflow
Fantom rebounds from $0.65 by over 10% in the less than 24 hours as metrics signals a bullish momentum ahead.
Ethereum has undoubtedly been under pressure despite the recent bullish rally in the broader cryptocurrency market as it struggles to make any major upside move. A recent analysis by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, has shed light on key factors impacting Ethereum’s performance. In a post titled “Ethereum Faces Crossroads: Funding Rates and $3K Support Key to Sustaining Bullish Momentum,” Shayan highlights the asset’s struggles to maintain its upward trajectory. Related Reading: Ethereum Downswing To $2,900 Could Be A ‘Buy-The-Dip Opportunity’ – Analyst Expects Bullish Surge Funding Rates And The Importance Of The $3K Support Level According to Shayan, Ethereum’s bullish momentum has been significantly challenged by fluctuations in Funding Rates, a key indicator of demand in the derivatives market. While these rates initially rose during the recent rally in the crypto market, signaling growing confidence, there was a subsequent decline after Ethereum was rejected at the $4,000 resistance level suggesting reduced trader interest and commitment. Notably, the spike in Funding Rates during the rally pointed to cautious optimism among traders. However, the sharp decline in these rates afterward highlights a waning demand for Ethereum in the derivatives market. This shift raises concerns about the sustainability of the bullish trend, particularly in light of Ethereum’s inability to breach the $4,000 resistance. The $3,000 support level has emerged as a pivotal threshold for Ethereum. Shayan emphasized that maintaining this level is crucial for stabilizing the market and potentially reigniting bullish momentum. A failure to hold above $3,000 could trigger increased selling pressure, leading to a deeper market correction. The analyst wrote: Overall, Ethereum’s outlook depends on reclaiming higher Funding Rates and defending $3K. These factors will determine whether the market resumes its uptrend or faces further corrections. Ethereum Market Performance Meanwhile, Ethereum has continued to demonstrate downward movements, especially as the broader market has recently turned bearish. Over the past week, Ethereum’s market value has dropped by 6.2% bringing its price below $3,500. However, over the past day, there has been a slight uptick in ETH’s price as the asset records a 0.9% increase. This slight increase has pushed ETH’s price to hover above $3,200 at the time of writing marking a 33.9% decrease away from its all-time high of $4,878 recorded in November 2021. Related Reading: Ethereum: Analyst Says $7,000 Target ‘Is Looming’ As Price Retests Crucial Level Interestingly, despite the descent in ETH’s price in the past week, the asset’s daily trading volume has faced an opposite trend over the same period. Particularly, ETH’s daily trading volume has moved from $20 billion last Friday to now sitting at above $26 billion as of today. Given the current trend in ETH, it is worth noting that this increase in trading volume may be a result of the surge in buying pressure and selling pressure ongoing in the Ethereum market. Featured image created with DALL-E. Chart from TradingView
Dozens of families will receive no-strings-attached payments for an entire year as a major US county prepares to run its second guaranteed income experiment. Durham County, North Carolina is opening applications this month for DCo Thrives, a guaranteed income program targeting low-income families, reports The Herald Sun. One hundred and twenty-five families will be selected to receive $750 per month to use as they wish every month for one year. DCo Thrives will be administered by the nonprofit Durham Children’s Initiative. The program, which aims to find out whether the free extra cash can improve the well-being of children and their families, will also have a control group of 125 participants. The two groups will be required to complete surveys, the results of which researchers will study. While the surveys will be conducted online, participants may be invited for an interview with the researchers. “Both groups will be asked to fill out surveys and will be compensated $100 for their survey completion. Data from the DCo Thrives pilot program will be used to help understand the effectiveness of guaranteed income programs in Durham and beyond.” The guaranteed income program is open to adults who are parenting at least one child of under 18 years of age. The household income of the potential participants must fall below 30% of the median income in Durham and Chapel Hill. Participants will be selected randomly. According to Spectrum News 1, Durham County’s first experiment of a guaranteed income program, known as StepUp Durham, was focused on ex-convicts. StepUp Durham started in March of 2022 and offered $600 a month to 109 previously incarcerated people for one 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. Generated Image: Midjourney The post $1,125,000 To Be Handed Out With Zero Strings Attached As Major US County Prepares To Relaunch Guaranteed Income Program: Report appeared first on The Daily Hodl .
While Bitcoin faces potential downward pressure, analysts share divided views on its future trajectory. Willy Woo’s caution contrasts with other analysts predicting a possible turnaround, illustrating the volatility and complexity
ETF Flows: 10 Jan 2025 Bitcoin ETFs See Net Outflows of -$149.4M Ethereum ETFs Experience Net Outflows of -$68.5M ————— 💰Coin: Bitcoin ( $BTC ) $94,014.10 Ethereum ( $ETH )