The crypto community is buzzing with excitement over the possibility of Donald Trump making a comeback in 2025. As Bitcoin (BTC) struggles to stabilize near the $90,000 threshold, Ozak AI ($OZ) is capturing eyes due to its ongoing presale and unique features. This has led to speculation about whether Ozak AI might experience a surge akin to Bitcoin's historical rises. Bitcoin Holds Steady at $90,000 Despite Institutional Challenges Bitcoin is hovering close to the $90,000 level, a potential pivot point. Over the past week, BTC has declined by more than 8% as buying enthusiasm wanes and institutional investor trust dwindles. On the BTC/USD daily chart, Bitcoin remains below the red line indicated by the Super Trend indicator, which tracks the strength of trends. Being positioned below this line signals a bearish trend, which many buyers see as a sign of continuing downward pressure. Additionally, the Bitcoin Smart Money Index (SMI), which gauges the activity level of large investors or institutions, has also been decreasing. The SMI has dropped by 10% since January 6th, pointing to reduced interest from these significant market players. Analysts suggest that if this trend stays the course, Bitcoin might dip to $90,000, with a potential further drop to $85,224. Source: X Ozak AI's Affordable Presale Attracts Investors While Bitcoin struggles to gain momentum, Ozak AI ($OZ) is catching the eye of investors thanks to its low presale price and rising interest. Currently, in the second phase of its presale, the token is available at just $0.002, making it an attractive buy. Market experts predict that the token could start trading at $0.05 and potentially reach $1 within three years. Once the presale concludes, the token is set to be listed at $0.01, enhancing its prospects for significant growth. The presale has already surpassed $160,000 in its first round and is 75% sold out, with only 25% of tokens remaining. The total circulating supply of Ozak AI tokens stands at 10 billion, with 3 billion allocated to presale buyers. These factors suggest a promising opportunity for participants to engage in long-term trading rallies. Ozak AI has also introduced a $1 million rewards program to entice more buyers. Purchasers who spend at least $100 on $OZ tokens are eligible for a prize pool, with $100,000 and $50,000 rewards distributed among 100 fortunate winners. This initiative places the project in a competitive position within the crowded cryptocurrency market. Ozak AI Blends AI and Blockchain for Market Insights Ozak AI distinguishes itself by integrating artificial intelligence and blockchain technology to provide advanced predictive analytics. The platform utilizes ARIMA models and neural networks to assess market trends and forecast future shifts. This equips users with strategies to navigate unpredictable and fluctuating markets. The project architecture features the Ozak Stream Network (OSN) for real-time data processing and Ozak Data Vaults for secure and scalable data storage. Its decentralized framework allows for versatile applications across industries such as healthcare and supply chain management, showcasing its adaptability. The $OZ token underwent an audit by Ozak AI, which concluded successfully. This audit boosts buyer confidence in the token's security and dependability within the project. For additional details about Ozak AI, check out the links below: Website: https://ozak.ai/ Twitter/X: https://x.com/OzakAGI Telegram: https://t.me/OzakAGI Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
The cryptocurrency world is abuzz as speculation grows about the potential return of Donald Trump to office in 2025. As Bitcoin (BTC) experiences some instability around the $90,000 mark, Ozak AI ($OZ) is attracting attention due to its presale and features. This has raised questions as to whether Ozak AI could see a similar pump to the one that Bitcoin has had in the past. Bitcoin Nears $90,000 Amid Institutional Weakness Bitcoin has not yet gained much ground and is still trading near the $90,000 mark, a level that could be crucial. For the past week, BTC has dropped by over 8% due to low buying pressure and eroding confidence of institutional investors. On the one-day BTC/USD chart, Bitcoin is still trading below the red line of the Super Trend indicator, which is a trend-following indicator that helps determine the trend strength. A price position below this line gives a bearish trend and most buyers interpret this as a confirmation of more downside pressure. Furthermore, the Bitcoin Smart Money Index (SMI), which measures the level of activity of whales or institutions, has also been in a downtrend. Currently, the SMI has declined by 10% since the 6th of January, which definitely indicates the decreased interest from these big market players. Experts claim that if this trend persists, Bitcoin may fall to $90,000, with a chance to go to $85,224. Source : X Ozak AI Presale Draws Buyers with Low Entry Price Even as Bitcoin falters to build further traction, Ozak AI ($OZ) is gaining traction on the back of low presale pricing and increasing demand. At the moment in the second phase of the presale, the token is sold at $0.002, which makes it relatively cheap to purchase. Industry analysts believe that the token might start trading at $0.05 and climb to $1 within three years. Once the presale ends, the token will be listed at $0.01, further boosting its potential for significant growth. The presale has reached over $160,000 in its first round and is currently 75% sold out with only 25% of the tokens left. The circulating supply of Ozak AI tokens is 10 billion, while 3 billion tokens belong to the presale buyers. These factors have made the participants feel that they have a chance for a long term trading in rallies. Ozak AI has also put forward a $1 million rewards program to lure more buyers. Any buyer that buys at least $100 worth of $OZ tokens can qualify for a prize pool with rewards of $100,000 and $50,000 split among 100 lucky winners. This has put the project in a strategic place in the market filled with numerous competitors in the cryptocurrency industry. Ozak AI Combines Blockchain and AI for Predictive Analytics What sets Ozak AI apart is its use of artificial intelligence and blockchain to offer up enhanced prediction services. The platform employs ARIMA and neural networks in analyzing market trends and in developing forecasts of future trends and changes. This approach empowers users with strategies to help them in trading in markets that are uncertain and dynamic. The architecture of the project uses the following: the Ozak Stream Network (OSN) for real-time data processing and the Ozak Data Vaults for secure and expandable data storage. The decentralized structure of the platform makes it easily applicable in different industries, including healthcare and supply chain management, thus making it flexible. Such was the $OZ token audit by Ozak AI, and as expected, the audit was successful. The audit gives the buyers confidence in the security of the token and its reliability in the project. For more information about Ozak AI, visit the below links: Website: https://ozak.ai/ Twitter/X: https://x.com/OzakAGI Telegram: https://t.me/OzakAGI Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Unlike traditional finance (TradFi), the crypto market never sleeps , operating non-stop every day of the week. In recent years, the emergence of weekend trading has become a noteworthy trend, offering distinct opportunities for investors globally. The importance of weekend trading in the crypto sphere is significant, as retail traders often drive market activity during these times, resulting in unique price shifts and trading scenarios that deviate from typical weekday trends. Looking at historical data from 2022 to the third quarter of 2024, we find notable patterns in weekend trading behaviors. Price fluctuations ranged modestly from -0.27% to +1.21%, but trading volumes showed substantial variations, painting a more intriguing picture. For instance, despite Saturdays showing negative volume trends in 2022 (-31.11%) and 2023 (-36.60%), there was an impressive shift in 2024 with a +10.16% increase. Even more remarkable, Sunday volumes skyrocketed by +86.69% in 2024, compared to 12.21% in 2023 and 3.86% in 2022. Building an Effective Weekend Trading Strategy To make the most of these significant volume fluctuations, investors need to craft effective weekend strategies, with 'smart asset selection' being paramount, as some cryptocurrencies show more pronounced weekend activity compared to others. Traders should concentrate on assets with consistent liquidity during weekends and those known for higher volatility during this time. Moreover, weekends present heightened volatility, which can be beneficial if traders adopt a disciplined risk management approach, especially when using leverage. For instance, combining technical analysis with insights into weekend-specific market conditions, such as thinner order books and lower liquidity, can help identify potential breakout opportunities. In this evolving landscape, the cryptocurrency exchange VALR has emerged as a leader. As the largest digital asset platform in Africa, VALR has secured significant investment from industry giants like Pantera Capital and Coinbase Ventures, amassing $55 million in equity funding . Acknowledging the rising significance of weekend trading, VALR recently introduced an innovative Weekend Trading Challenge , set to run from January to March 2025. This initiative allows participants to compete for a share of $12,000 in crypto rewards, while also enjoying substantial fee discounts on various internal transactions. Understanding VALR's Weekend Trading Challenge The challenge is designed to benefit both spot and futures traders, offering reduced trading fees of 15% and 25% respectively over the weekend. What truly distinguishes this initiative is its accessibility and equitable reward distribution, requiring no additional registration for verified users and ensuring both seasoned and new traders can benefit. Each weekend, a $500 prize pool for both spot and futures trading encourages ongoing engagement, supported by an attractive fee rebate system that provides immediate advantages to all participants. Participants can earn up to $50 in fee rebates each weekend, with rebates distributed within three business days after the weekend trading sessions conclude. Additionally, a fair distribution cap of $1,000 per weekend is in place for all rebates, equally divided between Saturday and Sunday, operating on a first-come, first-served basis to ensure fair access for all investors. The challenge is notable for its inclusive design and achievable entry thresholds. Spot traders only need a minimum trading volume of $500 over the weekend to qualify for rewards, while futures traders require a $5,000 minimum volume. Furthermore, the reward distribution system is structured to encourage consistent participation, with the top trader in each category receiving $120 in USDC or USDT, with rewards decreasing through the top 10 positions. Could Weekend Trading Become the Future of Crypto Finance? The widespread adoption of crypto assets has been remarkable recently, with global ownership reaching 562 million people or 6.8% of the world's population in 2024, marking a 33% rise since 2023. In this rapidly changing environment, grasping the concept of weekend trading is becoming increasingly vital for traders aiming for optimal returns. 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.
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Binance Open Interest Spikes After CPI Data Within two hours of the CPI release, Binance Open Interest (OI) sharply rose in response to the inflation data. In fact, CryptoQuant’s latest findings revealed that Binance’s futures market recorded a 3.30% surge in OI, which represented nearly half a billion dollars in growth. Total OI on the platform reached $10.96 billion, depicting heightened investor confidence and a synchronized rally in both spot and derivatives markets. CryptoQuant contributor Burakkesmeci noted that such alignment between spot price movements and futures activity is a hallmark of bullish momentum as it reflects increased risk appetite among market participants. Meanwhile, the futures markets, as tracked by CME FedWatch, assigned a 30% probability of the Federal Reserve implementing an interest rate cut as early as March. Lower interest rates typically enhance the appeal of cryptocurrencies by reducing the opportunity cost of holding non-yielding assets. Market Optimism The CPI report for December revealed that while headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases. This dovish data boosted optimism across financial markets, which sparked speculation about potential monetary policy shifts. This aligns with pre-release observations by Nansen’s Principal Research Analyst, Aurelie Barthere, who told CryptoPotato , “In the short term, US OIS rate markets are pricing in only one Fed rate cut over the next three years. This pricing appears too hawkish to me, given the current macroeconomic and inflation mix. I would not be surprised to see short-term relief in rates (lower rates) due to this pricing asymmetry.” As a result, Bitcoin briefly touched $100,000 for the first time in 2025, owing to favorable macroeconomic conditions boosted risk-on assets. Traditional markets, including stocks and gold, also registered gains. Jag Kooner, Head of Derivatives at Bitfinex, had earlier commented on the interplay between macroeconomic data and crypto, noting, “Bitcoin’s correlation with the NASDAQ 100 is at a two-year high, making it sensitive to today’s CPI data. This is in line with our Q1 outlook of increasing macro dependence and tradfi correlation for Bitcoin. We expect Bitcoin and crypto price movements to act as a faster beta to the evolving macro backdrop and price in the amount of rate cuts we could see in 2025 much faster than other risk assets.” The post Binance Open Interest Soars After CPI Data Release as Bitcoin Hits $100K Briefly appeared first on CryptoPotato .
The crypto market operates around the clock , running 24/7 — an approach that starkly contrasts with the traditional finance (TradFi) sector. In this regard, the last few years have seen the concept of weekend trading emerge as a major phenomenon, offering unique opportunities for investors worldwide. The significance of weekend trading (in crypto) cannot be overstated because during these periods retail traders have been found to dominate market dynamics, leading to interesting price movements and trading opportunities that differ significantly from weekday patterns. To this point, historical data from 2022 through Q3 2024 has unraveled unique patterns in weekend trading behavior. While price changes have varied modestly between -0.27% to +1.21%, volumes have varied significantly, revealing a more compelling narrative. For example, even though Saturdays — over the aforementioned time window — have shown negative volume trends (-31.11% in 2022 and -36.60% in 2023), 2024 witnessed a remarkable turnaround with a +10.16% increase. Even more striking was the fact that 2024’s Sunday volumes reached an impressive +86.69% compared to 12.21% in 2023 and 3.86% in 2022. Crafting the perfect weekend trading arsenal To capitalize on these massive volume swings, investors need to develop successful weekend strategies, the number one factor for which is ‘smart asset selection,’ since certain cryptocurrencies display more pronounced weekend patterns when compared with others. Traders are best off focusing on assets that have been able to demonstrate consistent liquidity during weekend hours and those that have historically shown higher weekend volatility. Also, over the weekends, traders are presented with increased volatility. However, this volatility can only be taken advantage of if a disciplined approach to risk management (particularly when employing leverage) is taken. For instance, traders can combine technical analysis with an understanding of weekend-specific market dynamics (such as thinner order books and lower overall liquidity) to identify potential breakout points. That said, amidst this burgeoning landscape, cryptocurrency exchange VALR has emerged as a trailblazer. As Africa's largest digital asset trading platform, VALR has attracted significant investment from industry leaders like Pantera Capital and Coinbase Ventures, culminating in $55 million in equity funding . Furthermore, recognizing the growing importance of weekend trading, VALR has recently launched an innovative Weekend Trading Challenge which is scheduled to run from January to March 2025. As the name suggests, it offers participants the opportunity to compete for a share of $12,000 in crypto rewards while enjoying significant fee discounts (for a host of internal transactions). A Closer Look at VALR’s Weekend Trading Challenge The initiative is structured to benefit both spot and futures traders, with reduced trading fees of 15% and 25% respectively being offered to all participants during the weekend. However, what truly sets the offering apart is its accessibility and fair distribution model since it requires no separate registration for verified users and maintains a balanced reward structure — ensuring both experienced and emerging traders have opportunities to benefit. The weekly reward pools of $500 each (for spot and futures trading) have been designed to create sustained engagement opportunities, while a lucrative fee rebate system has been put in place to provide immediate benefits to all participating traders. To elaborate, participants can earn up to $50 in fee rebates per weekend, with the concessions being distributed within three business days after each weekend's trading period. Additionally, the platform has established a fair distribution cap of $1,000 per weekend for all rebates — split evenly between Saturday/Sunday and operating on a first-come, first-served basis (to maintain equitable access for investors to these advantages). Lastly, the challenge's design is noteworthy for its inclusivity and achievable entry requirements. For instance, spot traders need only maintain a minimum trading volume of $500 over the weekend to qualify for rewards, while futures traders require a $5,000 minimum volume. Not only that, the reward distribution system has been structured to incentivize consistent participation, with the top performer in each category receiving $120 in USDC or USDT, and rewards scaling down through the top 10 positions. Is weekend trading going to be the future of crypto finance? The mainstream adoption of crypto assets has been quite remarkable in recent years, with global ownership reaching 562 million people or 6.8% of the world's population in 2024 — a 33% increase since 2023. Therefore, in this rapidly evolving landscape, understanding and mastering the concept of weekend trading stands to become increasingly crucial for traders, especially those seeking maximum returns. 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.
CryptoRank’s data suggests the BTC correction period is likely ending soon as on-chain data suggested a possible rally to $100K. The report claimed Bitcoin could be targeting $145K-249K in 2025 due to institutional capital flows and a favorable regulatory environment. CryptoQuant’s report disclosed that the current BTC price rally was in the context of accomodative monetary policy in the U.S. and historical cyclical patterns. As per the report, Bitcoin’s demand in 2025 could be boosted by the incoming U.S. administration’s pro-crypto stance and the appointment of crypto-friendly regulators. Potential executive orders by Trump are also expected to drive the price of Bitcoin upward. The CryptoQuant report also suggested that the projected Fed interest rate cuts could provide a favorable environment for capital flow into risk assets like Bitcoin. Huge institutional-driven Bitcoin capital inflow pushes price upward 📈Market Overview Correction is over? $BTC pushing for $100K again. AI and Dino coins leading the charge: $GRIFFAIN and $AIXBT hit ATHs, while $XRP pumps to $3. Market Cap: $3.70T (+3.57%) BTC dominance: 53.45% (-1.00%) Fear & Greed Index: 75 (Greed) 👉 Latest News – JUP… pic.twitter.com/z9NlOA3M4M — CryptoRank.io (@CryptoRank_io) January 16, 2025 Matt Hougan, chief investment officer of Bitwise Asset Management, thinks the growing trend of institutional BTC purchases is only beginning. In a new analysis, Hougan predicted that hundreds of companies will add Bitcoin to their corporate treasuries in the next 12-18 months, likely causing the BTC price to skyrocket. He noted that the trend is already a lot bigger than MicroStrategy, the largest corporate BTC holder. CryptoQuant’s report also revealed that 2025 could see $520 million in new capital if the historical analysis of capital inflows during past cycles maintained the same trend. Institutional investors with addresses holding between 100 and 100K BTC are currently driving a significant portion of the market’s capital inflows. This week alone, MicroStrategy bought 2,530 BTC to raise its total holdings to 450,000 and Semler Scientific’s holdings rose to 2,321 BTC after purchasing 237 BTC. LQwD Tech added 7 BTC to its holding, bringing the total to 148 BTC, while Matador bought its first 29 BTC. The amount of institutional money flowing into Bitcoin was measured using the realized market capitalization metric, explained the report. “We continue to target bitcoin at the $200,000 level by end-2025 as institutional inflows resume under the Trump administration.” Geoff Kendrick , Head of crypto research at Standard Chartered Bank BlackRock’s head of digital assets, Robert Mitchnick, said institutional [bitcoin] adoption is still in its early days. According to Bitcoin for Corporations, 2024 was a record-breaking year for corporate Bitcoin adoption as institutional treasuries added over $1.5 million. Government BTC reserves grew more than 5x to a total of 513,793 BTC, while public company BTC holdings increased to 589,934. In total, including custodial services for institutions and ETFs, institutional addresses increased their holdings by $127 billion in 2024. BTC could briefly drop to $80K amid ‘macro sell-off’ before rising again A Standard Chartered report warned that BTC prices could experience a short-term decline amid a broader macroeconomic sell-off that could potentially add losses if forced selling accelerated. The report said investors who gained BTC exposure after the U.S. elections in November are now only breaking even, creating a panic that could amplify the downward trend. Geoff Kendrick, Standard Chartered’s head of digital assets research, said the mark-to-market pain is building. The report highlighted that Bitcoin could dip another 10% if BTC were to fall below the critical $90K threshold, briefly bringing the price down to the $80K level. Standard Chartered, however, remained optimistic about Bitcoin’s long-term trajectory despite the current market turbulence, suggesting a BTC price surge to over $200K by year-end. Tom Lee, head of research at Fundstrat, said Bitcoin’s outlook for 2025 remains positive with an end-of-year price target of $200K to $500K. Analysts surveyed by Standard Chartered anticipate crypto policies from Trump’s administration could propel BTC price to as high as $400K. The bank attributed this potential BTC rise to the Trump effect but advised waiting for the retracement before buying more Bitcoin in the short-term. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
The post Race to $10: Cardano Rivals Polkadot’s 105% Upside, Technicals Favor IntelMarkets For December’s Bull Run appeared first on Coinpedia Fintech News With the crypto market eagerly looking forward to the December surge, many investors are on the lookout for the biggest movers. The newcomers are interesting here but the platform of choice today for many people is Cardano (ADA), Polkadot (DOT), and IntelMarkets (INTL) . The positions attributed to Cardano and Polkadot have remained among the most popular blockchain platforms for a long time, but technicals place IntelMarkets as a frontrunner for the next bull run. IntelMarkets (INTL): A Revolutionary Force in AI-Powered DeFi A new DeFi player, IntelMarkets (INTL) brings together promising technologies such as artificial intelligence and the blockchain together for a new generation trading network. Through the use of the Intell-M trading protocols utilizing self-learning algorithms, INTL can analyze the market data as it and make trades with exceptional accuracy. IntelMarkets, currently at its ninth presale stage, offers INTL tokens at $0.082 and has already attracted more than $6.6 million in retail investments. Before the project was launched, a group of Fortune 500 investors had invested more than $550,000 in the initial investment round. According to industry financial experts, it has the potential to surge 15X after the launch, bringing the price of INTL to $1.22. This is why IntelMarkets will surpass the anticipated returns of both ADA and DOT this December. Cardano (ADA): The Race to $10 Gains Momentum The blockchain platform that is developed with considerable research backing, Cardano (ADA), has persisted as the main focus in the cryptosphere. On its journey to becoming a premier player in the world of cryptocurrencies, Cardano has had the capacity to sustain secure and exhaustive applications via Proof of Stake (PoS). At the moment, ADA is priced at about $0.953, and it has given mixed performance in the last 30 days. Its price, however, fell to a low of $0.7346 in late November before surging to a high of $1.2311 in early December. This recovery is a manifestation of the sound fundamentals of its blockchain and of the increasing demand for its ecosystem. Moving into a bullish December, analysts expect Cardano to have an even higher 70% increase in its price and continue its push towards that $10 threshold. It is, therefore, an optimistic token, evident from this recent improvement of smart contract functionality and an ever-growing dApp ecosystem, which makes ADA a long-term future prospect. Polkadot (DOT): Cross-Chain Innovation Fuels Optimism Another favorite of investors is Polkadot (DOT), a blockchain platform that aims at delivering an efficient reality of cross-chain communication in the crypto space. Currently priced at $6.51, DOT has been subject to wild fluctuations: so, it hit the $5.1408 mark in mid November only to jump to $10.71 in early December. This proves that the market is constantly fluctuating but it further helps to show that DOT has potential. There is no other blockchain platform that can support multiple blockchains within its system, thanks to the parachain feature unique to Polkadot. DOT is scalable, conscious of security, which makes Polkadot a powerful player in the market. Analysts feel that DOT could replicate could spike past $20 in the next bull run. However, there are rising competitiveness indicators from emerging projects that may mar its scores. Conclusion: Betting on the Future of Crypto Naturally, Cardano (ADA) and Polkadot (DOT) are still great investment opportunities but in comparison to relatively new platforms like IntelMarkets (INTL) they miss the chance to skyrocket. Its revolutionary AI-DeFi concept, small market capitalization, and an exciting target of a 15X spike – all of which make IntelMarkets the chance that investors are looking forward to exploring. Read More to Learn about IntelMarkets: Buy Presale Website Telegram
Cryptocurrency analyst Benjamin Cowen is issuing a warning on Bitcoin ( BTC ) as the flagship digital asset hovers below $100,000. In a new video, Cowen tells his 858,000 YouTube subscribers that a continued rise in the yield on the US Treasury 10-year will have a bearish impact on Bitcoin. According to Cowen, Bitcoin could behave similarly to what happened in the second half of 2023 when the crypto king plunged below a range low at around $30,000 and stayed subdued for weeks. “…watch the 10-year yield if it keeps going up it’s going to be a headwind for Bitcoin… …what happened [in 2023] was Bitcoin went all the way up, it came back down but eventually it really dropped below $30,000 and stayed below $30,000 for a number of weeks. And because of that the market got weaker and weaker and weaker until it sold off and found demand down here [below $25,000].” Source: Benjamin Cowen/YouTube According to Cowen, Bitcoin could drop by up to 28% from the current level if its price action mirrors that of 2023. “So if Bitcoin has to follow that [2023] blueprint, which is not even at the same time of the year when you would normally see something like that, but if it does because the 10-year yield just does not relent, then you would likely see Bitcoin spend some time around $88,000, $89,000 for a while before going back and testing maybe $70,000 right and then trying to find support there.” Source: Benjamin Cowen/YouTube The widely followed analyst further says that Bitcoin’s price action around the $100,000 level will likely determine the flagship crypto asset’s short-term trajectory. “So I think $100,000 is going to be kind of the line in the sand… [if] Bitcoin gets rejected again [at $100,000] and it comes back down here and gets below $90,000 then this [2023] outcome is more likely where it just follows what the S&P [500 index] did and the Russell [2,000 index] did and gives back those post-election gains in the short term.” Bitcoin is trading at $96,900 at time of writing. ? 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 Analyst Says One Factor Could Be a Headwind for Bitcoin, Outlines ‘Line in the Sand’ BTC Must Overcome appeared first on The Daily Hodl .
The post Crypto News Today (Jan 16th, 2025): Bitcoin Price Nears $100k | ETH, SOL Lead Altcoin Market Surge appeared first on Coinpedia Fintech News The crypto market today is witnessing a surge in investor interest, as a result, the market cap of the business is up 4.27% to $3.48 trillion. What goes without saying is that the trading activity shot up by an impressive 28.29% in 24 hours to $158.58 billion. Amidst the rising numbers, the Fear & Greed Index rose to 60, underscoring a shift in sentiments toward greed. Bitcoin Price Awaits Bulls? Bitcoin price continues its steady ascent, gaining 2.45% over the past 24 hours to hit $99,023.32. BTC’s market cap now stands at $1.96 trillion, accounting for a lion’s share of the market. Trading volume for Bitcoin also saw a notable uptick of 12.10%, reaching $57.76 billion, reflecting strong investor interest. Explore our Bitcoin Price Prediction to dive deeper into BTC’s potential future performance. Altcoins Make It to the Spotlight Ethereum posted a solid 4.54% gain, trading at $3,345.55, while Solana emerged as a top performer among major altcoins, skyrocketing by 12.33% to $209.76. XRP stole the show with a remarkable 16.01% surge, trading at $3.18, indicating robust investor confidence. For more insights, check out our Ethereum Price Prediction and Solana Price Prediction articles. Top Gainers and Losers In the past 24 hours, VIRTUAL led the market with a massive 27.63% surge, followed closely by FARTCOIN, up 24.81%, and XDC Network, which gained 21.26%. On the flip side, MOVE and OKB recorded minor losses of 2.01% and 1.61%, respectively. Subscribe to us to stay tuned for more updates on emerging opportunities in the cryptocurrency market. FAQs How much is 1 Bitcoin today? At the time of writing, 1 Bitcoin (BTC) is priced at $99,023.32. Which coins performed the best today? VIRTUAL, Fartcoin and XDC Network were the top gainers, with gains of 27.63%, 24.81%, and 21.26%, respectively. What is Solana’s latest performance? Solana surged 12.33% over the last 24 hours, trading at $209.76.
Interior Minister Ali Yerlikaya shared in his post from his X account that an operation was being carried out against social media crypto fraudsters. It was also stated that cryptocurrency wallets worth 30 billion lira were seized from people who set up a pyramid scheme and defrauded citizens. Yerlikaya said that 21 people were caught in the operation called “SİBERAĞ-15”. 18 of them were arrested and 3 were released on judicial control. It was stated that 752 bank/cryptocurrency accounts were seized as a result of the operation. “In the 'SIBERAĞ-15' operations conducted by the Gendarmerie in 9 provinces against the crimes of Aggravated Fraud and Laundering of Assets Originating from Crime; 21 suspects, whose accounts were found to have a transaction volume (money inflow/outflow) of 30 Billion 478 Million 473 Thousand TL through the pyramid scheme between 2017 and 2024, were caught. As a result of the operations; 752 bank/cryptocurrency accounts were seized. “Our prosecutors' offices have launched an investigation against them for the crimes of broadcasting advertisements on social media platforms promising high earnings and earning money by defrauding many citizens through the pyramid scheme and making unjust profits.” Hesaplarında 30 Milyar 478 Milyon 473 Bin TL işlem hacmi bulunan 21 şüpheli yakalandı ve 752 adet banka/kripto para hesabına el konuldu 9 ilde "Nitelikli Dolandırıcılık ve Suçtan Kaynaklanan Malvarlığı Değerlerinin Aklanması" suçlarına yönelik Jandarma tarafından düzenlenen… pic.twitter.com/czohuTxfoH — Ali Yerlikaya (@AliYerlikaya) January 16, 2025 *This is not investment advice. Continue Reading: Minister of Interior Announced: Istanbul-Based 30 Billion Lira Cryptocurrency Operation! 18 People Arrested!