COINOTAG News reports that on December 26th, the Japanese financial entity SBI VC Trade has made significant strides in the cryptocurrency domain by securing assets from the compromised exchange, DMM
Nirun Fuwattananukul, chief executive of Gulf Binance, has voiced support for Thailand’s Former premier Thaksin Shinawatra’s proposal for…
COINOTAG News reports that on December 26th, the Japanese government responded to a proposal from Senate member Satoshi Hamada concerning the growing trend of nations, including the United States, adopting
SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.
Bitcoin price started a decent increase above the $96,000 level. BTC might continue to rise if it clears the $100,00 resistance zone. Bitcoin started a decent upward move above the $96,000 zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $98,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,000 support zone. Bitcoin Price Could Regain Momentum Bitcoin price started a decent upward move above the $95,000 resistance zone. BTC was able to climb above the $96,500 and $97,000 resistance levels. The pair cleared the $98,000 resistance level and traded close to the $100,000 resistance level. A high was formed at $99,400 and the price is now consolidating gains. There was a test of the 23.6% Fib retracement level of the upward wave from the $92,415 swing low to the $99,400 high. Bitcoin price is now trading above $96,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $99,200 level. The first key resistance is near the $99,500 level or the recent high. A clear move above the $99,500 resistance might send the price higher. The next key resistance could be $100,000. A close above the $100,000 resistance might send the price further higher. In the stated case, the price could rise and test the $102,200 resistance level. Any more gains might send the price toward the $103,500 level. Another Decline In BTC? If Bitcoin fails to rise above the $100,000 resistance zone, it could continue to move down. Immediate support on the downside is near the $98,200 level and the trend line. The first major support is near the $96,000 level or the 50% Fib retracement level of the upward wave from the $92,415 swing low to the $99,400 high. The next support is now near the $95,000 zone. Any more losses might send the price toward the $93,200 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $97,000, followed by $96,000. Major Resistance Levels – $99,000 and $100,000.
Bitcoin could hit $500,000 if governments consider strategic reserves, with mounting demand from ETFs, corporations, and institutions outpacing limited supply, driving prices sharply higher. $500K Bitcoin Could Be Next – $200K Will Be Quaint Once Reserves Kick In Matt Hougan, chief investment officer at Bitwise Asset Management, shared his bullish outlook for bitcoin during an
What would it take for you to revolutionise your approach to digital finance? The crypto market continues to astound, bringing news of groundbreaking innovations and opportunities each day. From AI-powered decentralised systems to altcoins reshaping market dominance, the crypto space is alive with possibilities. Recently, Bittensor’s remarkable strides in AI and Bitcoin’s evolving market dynamics have been making waves. Amidst these developments, Qubetics ($TICS) has emerged as a frontrunner, captivating the crypto community with its unique features and a presale, generating unprecedented excitement. This article will delve into the latest updates for Qubetics, Bittensor, and Bitcoin, highlighting why these are among the top cryptos to buy for 2025. Qubetics Wallet: A Revolution in Digital Finance Management What if managing your digital finances became as effortless as generating a card for online purchases? The Qubetics Wallet introduces a game-changing feature—users can now generate virtual cards directly within the app. This innovative tool enhances convenience and adds a robust layer of security. Virtual cards can be created and managed effortlessly, giving users control over their digital transactions without exposing their primary payment methods. This feature caters to the growing demand for secure, seamless online transactions, empowering users to explore the world of digital payments without compromise. Qubetics recently hosted a highly engaging AMA session , addressing key questions and reinforcing its commitment to user-centric innovation. With these advancements, Qubetics is setting new benchmarks in digital finance. As one of the top cryptos to buy for 2025, Qubetics inspires confidence and curiosity among investors. Excitement Peaks: Explosive Rewards with Qubetics Presale Investors, take note—this is your moment. Qubetics is now in Presale Phase 14, offering TICS tokens at a current price of $0.037. Each week, the price increases by 10%, with a thrilling 20% hike set for the final stage. With over $7.8 million raised, the momentum is undeniable. The token’s phased pricing strategy underscores its growth potential, offering early investors a chance to secure substantial returns. As one of the top cryptos to buy for 2025 , Qubetics is crafting a narrative of success, community involvement, and innovation. Don’t miss your opportunity to join the ranks of those already capitalising on this presale sensation. Bittensor (TAO): AI-Powered Innovation at Its Core Bittensor (TAO) is pioneering the integration of AI and blockchain with its decentralised machine learning network. Acting as a collective intelligence system, it incentivises participants to contribute computational resources in exchange for access to its shared knowledge pool. While trading 25% below its all-time high of $767.68, Bittensor’s long-term prospects remain promising. With recent listings on major exchanges like Binance and KuCoin, coupled with surging interest in AI-driven technologies, Bittensor is poised to make further strides. Despite potential short-term corrections, analysts remain optimistic about its ability to redefine decentralised AI development. Bitcoin: Altcoin Season on the Horizon? Bitcoin’s market dominance has long been a barometer for crypto trends, and recent insights suggest altcoins are gearing up for a significant moment. Following a hawkish stance from the Federal Reserve, Pantera Capital’s Cosmo Jiang noted that altcoin capital flows are beginning to gain traction. Bitcoin dominance dipped from 60% to 54%, indicating a shift towards broader crypto investment. This trend signals potential opportunities for altcoins to shine, particularly as investors seek to diversify. As the crypto market matures, Bitcoin’s role as a steadying force remains pivotal, even as attention turns towards emerging contenders. Qubetics Partners with SWFT Blockchain for Next-Gen Wallet Innovation In a bold move to redefine blockchain transactions, Qubetics has partnered with SWFT Blockchain to launch an advanced wallet featuring unparalleled cross-chain functionality. This collaboration enables seamless, lightning-fast transactions across multiple blockchains, catering to users managing diverse portfolios. With SWFT Blockchain’s cutting-edge encryption protocols, the Qubetics Wallet offers unmatched security and simplicity, making it ideal for experienced investors and newcomers. This partnership represents a new era in decentralised finance, further cementing Qubetics’ reputation as a leader in blockchain innovation. It’s clear why $TICS remains one of the top cryptos to buy for 2025. Conclusion: The Future Is Here with Qubetics, Bittensor, and Bitcoin As we look ahead, these three cryptos—Qubetics, Bittensor, and Bitcoin—stand out as game-changers in their respective arenas. While Bitcoin anchors the market and Bittensor pushes the boundaries of AI and blockchain integration, Qubetics ($TICS) is carving a unique path with its innovative features and electrifying presale. Analysts predict strong potential, but the opportunities presented by Qubetics are especially compelling. Don’t let this presale pass you by—secure your $TICS tokens today and position yourself at the forefront of crypto innovation. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
Bitcoin reserves on Binance have reached a significant low, prompting discussions about potential price movements in the coming months. As of December 25, 2024, the reserves have dropped below 570,000
Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself?
Bitcoin has gained 6.5% since its Dec. 23 low of $92,458 but failed to break the $98,000 resistance level. This recovery follows a sharp 14.5% correction from its $108,275 all-time high on Dec. 17. Despite the recent volatility, Bitcoin derivatives maintained a neutral-to-bullish stance, supporting the potential for a rally above $105,000. Derivatives Signal Market Optimism Bitcoin futures monthly contracts are trading at a 12% premium over spot prices, signaling strong demand for leveraged long positions. Premiums between 5% and 10% are considered neutral, making the current level robust. Additionally, Bitcoin put (sell) options are at a 2% discount compared to call (buy) options. When significant corrections are expected, this indicator typically exceeds 6%, showing a preference for puts. Traditional Market Recovery Boosts Bitcoin Traditional financial markets also supported Bitcoin’s recent rise above $98,000. The S&P 500 index erased its monthly losses on Dec. 24, and the US 10-year Treasury yield climbed to 4.59%, up from 4.23% two weeks earlier. Higher Treasury yields often reflect inflation expectations, making scarce assets like Bitcoin more attractive during economic uncertainty. Economic Concerns and Stagnation Fears Bitcoin’s correlation with the S&P 500 index remains high at 64%, tying its performance to broader economic trends. The US Federal Reserve has reduced its 2025 interest rate-cut projections from four to two, lowering the immediate risks to corporate earnings and real estate markets. Margin and Derivatives Markets Stay Bullish On OKX, the Bitcoin long-to-short margin ratio is at 25x in favor of longs. Excessive confidence typically pushes this ratio above 40x, while bearish sentiment sees it drop below 5x. Despite record outflows from BlackRock’s iShares Bitcoin Trust ETF on Dec. 24, Bitcoin’s resilience at $92,458 reinforces optimism about reaching $105,000 and beyond.