Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGE and XRP attract attention as market conditions stabilize, but Lightchain AI steals the spotlight with its $8.5m presale and blockchain-AI solutions. Table of Contents Why DOGE, XRP are catching investor interest Why Lightchain AI is a new contender to watch Investors shouldn’t miss out on the crypto wave With market conditions stabilizing, now could be the perfect time to consider investing in Dogecoin (DOGE) and Ripple (XRP), two established favorites in the crypto world. However, a new trending altcoin, Lightchain AI , is quickly gaining traction as a standout opportunity. Currently available at $0.004875 in its presale, Lightchain AI has already raised over $8.5 million, reflecting strong investor confidence. This emerging project offers an exciting chance to capitalize on early-stage momentum alongside established players like DOGE and XRP for the next crypto bull run. Why DOGE, XRP are catching investor interest Dogecoin and XRP have gotten more attention from investors lately because of good rules changes and market moves. After Donald Trump won the election, XRP jumped over 300%, getting to about $2.40, pushed by hopes for a friendlier rule setup for crypto with the new government. In the same way, DOGE saw a big jump, with its cost going up by 7% to almost $0.34, swayed by good mood in market and guessing trad͏es. This change has made DOGE and XRP good choices for buyers looking for chances in the changing world of digital money. Why Lightchain AI is a new contender to watch Lightchain AI is a new contender in the crypto space, quickly drawing attention for its smart approach to blockchain and AI integration. With its clear roadmap leading to a 2025 mainnet launch, the platform aims to address key challenges like scalability, security, and decentralized governance. Its unique tokenomics model ensures broad participation and sustainable growth, attracting early investors. The growing ecosystem, focus on transparency, and commitment to solving critical blockchain issues make Lightchain AI a project to watch for those looking to capitalize on the next wave of decentralized technology. Investors shouldn’t miss out on the crypto wave Investors often miss out on opportunities due to misinformation or hesitation. The crypto market is no exception, with fast-changing dynamics and complex technicalities contributing to investor skepticism. It’s important to conduct thorough research and have a long-term investment mindset when considering cryptocurrencies. With DOGE, XRP, and Lightchain AI offering distinct use cases, strong communities, and robust roadmaps, now could be the best time to diversify portfolios and take advantage of potential growth. Traders shouldn’t let the Lightchain presale opportunity pass them by. To learn more about Lightchain AI, visit their website , whitepaper , X , or Telegram . Read more: Experts predict viral crypto Lightchain AI to outperform Floki and Bonk 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.
DOGE and XRP attract attention as market conditions stabilize, but Lightchain AI steals the spotlight with its $8.5m presale and blockchain-AI solutions. #partnercontent
Bitcoin prices have slumped back into five-figure territory, with the asset hitting an intraday low of $95,164 during early trading in Asia on Wednesday following a fall of almost 6% in 12 hours, according to CoinGecko. On Tuesday, Jan. 7, the asset topped $102,000 after gaining 10% over the past week. However, most of those gains have now been wiped out . Nevertheless, BTC remains within its rangebound channel, which started to form in mid-December when it fell from its all-time high. Liquidations Near $700M Over the past 24 hours, over 235,000 traders were wrecked, with total liquidations coming in at $695 million, according to Coinglass. Around 90% of those were in long positions, with over $300 million being liquidated in both BTC and ETH trades. The largest single liquidation order happened on Binance, with an ETH/USDT position valued at $17.7 million. “Cryptocurrencies saw a sharp correction due to plummeting US stocks such as Nvidia and Tesla,” commented derivatives provider Greeks Live, adding that market sentiment has turned pessimistic. It noted that the “mainstream view is affected by the strong dollar and the decline of US stocks, the trend of Bitcoin has not changed, the bull market is still there.” Others have suggested that the market nuke was due to hotter-than-expected jobs data in the US. The long end rallying is due in part to hotter than expected job openings, but maybe the real reason it is going up is due to ISM prices paid which also just came in: Actual: 64.4 Estimated: 57.5 Prior: 58.2 Has not been this high since Feb. 2023, making the market wonder if… — Benjamin Cowen (@intocryptoverse) January 7, 2025 It was a “nasty reaction to the ISM PMI,” said CEHV partner Adam Cochran, who added: “This pushed investors over the edge to no longer expecting a high likelihood of rate cuts moving forward.” In a note on Jan. 8, 10x Research restressed the importance of macroeconomic data in predicting Bitcoin price movements. “The strengthening of the US dollar and the rise in US bond yields have been clear manifestations of these emerging headwinds,” for global liquidity and Bitcoin’s relationship with it, they stated. Altcoin Bloodbath Total capitalization has fallen by 7% to $3.53 trillion at the time of writing as the altcoins took the brunt of the losses and $225 billion exited the space. Ethereum took a massive hit, slumping 8% in a fall below $3,400, where it remains at the time of writing. ETH has now wiped out all gains over the past five days. The altcoins are a bloodbath as usual, with double-digit losses for Dogecoin (DOGE), Avalanche (AVAX), Hyperliquid (HYPE), Pepe (PEPE), Near Protocol (NEAR), and Bittensor (TAO). The post Volatility Returns as BTC Dumps 7% to $95K Amid $700M in Liquidations appeared first on CryptoPotato .
On January 8, Ripple CEO Brad Garlinghouse revealed his meeting with President-elect Donald Trump for dinner at Mar-a-Lago. Let’s discuss how this meeting impacts XRP price and price prediction for January 2025. Read More: Ripple CEO Brad Garlinghouse Confirms Mar-a-Lago Meeting with Donald Trump Impact of Ripple CEO & President-elect Donald Trump’s Meet on XRP Price A recent X post revealed that Ripple CEO Brad Garlinghosue and CLO Stuart Alderoty met with President-elect Donald Trump for dinner at Mar-a-Lago. This development for Ripple comes after Brad Garlinghouse’s recent comment about the most “ pro-crypto congress ” ever. It shows that things are falling into place for the crypto space but more so for Ripple and XRP. Ripple CEO Meets President Donald Trump This meeting could be considered one of the most bullish developments for Ripple and XRP after their win against the US Securities and Exchange Commission (SEC) for two reasons. Reason 1: Crypto has been in the crosshairs of regulators under Biden’s administration. Digital asset companies and developers were being sued. However, with Trump winning the US presidential elections, the outlook has flipped on its head. The recent dinner with Trump is a subtle hint that 2025 will be a good year for Ripple with the “backing” of Trump and US regulators. Reason 2: Ripple’s win in the SEC vs. Ripple lawsuit propelled XRP’s value to double in under 24 hours. Unlike this situation, the meeting with Trump will likely serve as a foothold that helps XRP, the remittance token, flourish in the long run. These reasons will open the door for partnerships that could positively impact the price of Ripple (XRP) . How will this development affect XRP price prediction for January 2025? Will it help raise the targets or reduce them? XRP Price Prediction This XRP price prediction for January is divided into two phases. The initial phase involves a correction that allows investors to accumulate XRP. The next phase will see Ripple skyrocket to new highs. The four-hour chart shows that XRP rose 126% between November 26 and December 3, pushing the price from $1.28 to $2.91. After this impulse move, a lack of bullish momentum coupled with profit-taking pushed Ripple to consolidate between the $2.17 and $2.91 range. XRP price today trades at $2.30 after 6.17% on Tuesday, but it’s likely to continue its descent. The key support levels for a short-term buying opportunity include the demand zone, extending from $1.99 to $2.13 and the 62% Fibonacci retracement level at $190. Investors must note that Bitcoin will be crucial in determining bias for XRP and the rest of the crypto markets. A recent CoinGape article noted that Bitcoin could sweep December lows before kickstarting a bull run. This drop in BTC aligns with the aforementioned correction thesis for Ripple, making these dips an opportunity to accumulate XRP. XRP/USDT 4-hour Chart XRP Price Targets For January 2025 Ideally, the timeline for a dip into $2 to $1.90 territory should occur around January 20, 2025, when President-elect Donald Trump will be inaugurated. The last week of January 2025 should see a comeback in Bitcoin and altcoin season, allowing XRP to flourish. Investors who accumulated dips in the aforementioned zone should consider booking profits at 161.8% Fibonacci extension level at $3.36, just under the all-time high of $3.40. From late January to early February, XRP price could set up a new ATH at around $3.5 to $4.0. Concluding Thoughts The meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump could have a positive impact on XRP’s price. With Trump’s pro-crypto stance and the recent win against the SEC, Ripple is poised for a bullish run. The predicted correction in January 2025 will provide investors with an opportunity to accumulate XRP, which could then skyrocket to new highs, potentially reaching $3.5 to $4.0 by early February 2025. The post Ripple CEO Meets Trump: Is XRP Price Set for a $4 Breakout in 2025? appeared first on CoinGape .
Floki is expected to rally towards new all-time highs soon. Elliott Wave Theory predicts a five-wave movement post-correction. Continue Reading: Expert Predicts Floki Token’s Surge Towards New Heights The post Expert Predicts Floki Token’s Surge Towards New Heights appeared first on COINTURK NEWS .
It is 2025, another crypto market year for all crypto enthusiasts and investors. As the case has always…
In a recent development within the cryptocurrency exchange space, Binance has officially announced the delisting of several spot trading pairs. Effective January 10, 2025, at 11:00 (UTC+8), the trading pairs
The post CoinSwitch Announces ₹600 Crore Recovery Plan for WazirX Hack Victims appeared first on Coinpedia Fintech News CoinSwitch, one of India’s largest cryptocurrency trading platforms, has announced a ₹600 crore recovery plan to help the nation’s struggling crypto users. This coalition intends to support over 4 million users who were adversely impacted by the WazirX hack that occurred in July 2024, in which the exchange lost $230 million . Protection for the Sufferers of the Grand Theft The WazirX WazirX - legal@wazirx.com Centralised Exchange Crypto trading and Information security breach brought down about 45% of the entire crypto assets of the exchange and made the users unhappy. The most important element of the recovery plan developed by coinswitch coinswitch - Centralised Exchange is to enable victims to reclaim their funds, receive some of the rewards, and get back into the cryptocurrency trading business. The program , which is being run completely from scratch with the funds that CoinSwitch has on its balance, speaks about the sincere desire of the platform to create trust in the Indian crypto market . The crypto exchange CoinSwitch which has recently garnered investments from Andreessen Horowitz, Tiger Global, and Coinbase Ventures has $300 million in its funding pool and has registered over 20 million users. Staples of the Recovery Program The ₹600-crore recovery plan, valid for 24 months, offers affected WazirX users: Upfront signup rewards: On this basis, qualified users will be able to earn up to 10 per cent of the deposited funds within 2 years. Referral benefits: This is good news to users as it means they can be able to reclaim up to 5% of the deposited amount, by providing information to other victims of the hack. Revenue redistribution: The trading revenues that will result from the program will be collective trade that will be recovered proportionally in different user losses. Accordingly, the users of the platform must produce their WazirX account balance statements to validate their statements. CoinSwitch will keep track of such losses, compute them, and disburse them. Co-founder of CoinSwitch Ashish Singhal stated that the company continues working to support the crypto community even in the moments it is under pressure. He said, Once WazirX starts allowing withdrawals from crypto, such claims can be analyzed, AUM ascertained and the subsequent rewards calculated. The exchange platform that hosts 33% of Indian crypto consumers noted that 87% of its consumers contribute roughly 8% towards claims on any of the platforms it has. However, the exchange said that it incurred a loss of more than ₹1,900 crore because of the hack. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : CoinDCX Users Slam Exchange Over Withdrawal Restrictions and Delayed Support , This relief, CoinSwitch expects users to regain within 6-8 months of WazirX unlocking funds. The initiative also takes place at the time of a new wave of cryptocurrencies with Bitcoin prices having reached their record level. The recovery program is in itself extremely crucial for bringing back the investors’ confidence in the Indian crypto market. 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Dogecoin (DOGE) led losses among crypto majors as bitcoin (BTC) slid to nearly $96,000, a dump attributed to fresh economic data that sent U.S. treasury yields soaring. DOGE plunged 10%, with Solana’s SOL, Cardano’s ADA, BNB Chain’s BNB and ether (ETH) down at least 7%. Bitcoin fell 5.5%, while the broad-based CoinDesk 20 (CD20) , a liquid index tracking the largest tokens by market cap, fell 7.1%. Crypto-tracked futures betting on higher prices saw liquidation of $560 million, data shows , setting a relatively high level at the start of the year. Losses in crypto tracked those in U.S. stocks. The latest Institute for Supply Management (ISM) report on U.S. service providers was stronger than anticipated, with the prices-paid measure reaching its highest point since early 2023. Concurrently, U.S. job openings rose more than forecasted. These developments led to a decline in Treasury securities across various maturities, pushing the 10-year Treasury yield to its highest since May. A liquidation occurs when an exchange forcefully closes a trader's leveraged position due to the inability to meet the margin requirements. When many traders are forced to sell at the same time due to long liquidations, it creates a cycle where falling prices lead to more liquidations, which in turn causes prices to drop more. As such, market watchers consider Tuesday’s drop to be a blip in the long term. “Markets took a hit yesterday, with Bitcoin and Ethereum dropping hard, mostly because stronger-than-expected U.S. job data dimmed hopes for more rate cuts this year,” shared Vince Yang, CEO and cofounder of zkLink in a Telegram message. “It’s the kind of broader sentiment shift we’ve seen before, nothing unusual for crypto.” “That said, we are still optimistic. History shows these dips often pave the way for bigger bullish movements, especially with where we are in the market cycle now, and with a more crypto-friendly administration in the US coming in, there’s every reason to believe we’re heading for some exciting times ahead,” Yang added. Singapore-based QCP Capital, however, sticks to their view of a shaky period for crypto markets in January. “It won’t be smooth sailing into January, as structural risks loom,” QCP said in a Telegram broadcast on Wednesday. “The U.S. Treasury debt ceiling reinstatement is projected to be reinstated mid-month, requiring the Treasury to adopt "extraordinary measures" to fund government expenditures.” “This could trigger market volatility as discussions around the issue intensify,” QCP added.
XRP has experienced a major spike in profit-taking, with traders selling off over 695 million XRP worth $1.6 billion amid ongoing price stagnation. Despite increased selling, long-term holders demonstrate resilience,