U.S. Federal Reserve Governor Christopher Waller says multiple rate cuts are possible in the first half of the year. In a new interview with CNBC, Waller notes that recent data suggests inflation is coming down. “If we continue getting numbers like this, it’s reasonable to think that possibly rate cuts could happen in the first half of the year… It depends if — always the big word ‘if’ — if the inflation data continues to come in like it has been. If we don’t, if we get a surprise like we did last year, then we’re going to have to stay on hold until we get inflation coming back down. But I’m optimistic that this disinflationary trend will continue and we’ll get back closer to 2% a little quicker than maybe others are thinking.” The current federal funds rate is 4.33% after a series of cuts from the Federal Open Market Committee (FOMC) that started in September. The FOMC is scheduled to hold its next meeting on interest rates on January 28th. The Fed is not expected to cut rates at that January meeting, and Waller did little in the interview to dispel that notion. The Fed governor did note that a rate cut in March could not “be completely ruled out,” depending on inflation data. 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 US Fed Governor Says Rate Cuts Could Resume in the First Half of 2025 If Economic Trends Continue appeared first on The Daily Hodl .
American publicly listed trading platform Coinbase Exchange has endorsed the plans by incoming US President Donald Trump to establish a strategic Bitcoin reserve in the country. As reported by Axios, the exchange’s co-founder and CEO Brian Amstrong has highlighted the economic opportunities this will have on the nation. Bitcoin Strategic Reserve: Tool for Economic Freedom According to the Axios exclusive, the Coinbase CEO believes BTC can offer much more to the country. He believes the digital currency can drive market capitalism to benefit different key players. “Economic growth comes from free market capitalism, deregulation, small government, and technological innovation,” he wrote. “If the rest of the G20 wishes to participate in economic prosperity, they would be wise to join the growing trend of embracing economic freedom and free markets.” To build these reserves, Donald Trump is eyeing establishing a crypto advisory council with industry leaders. This is a developing story, please check back for updates!!! The post Just In: Coinbase Endorses Strategic Bitcoin Reserve appeared first on CoinGape .
President-elect Donald Trump is reportedly going to issue a crypto-related executive order during the first day of his new term. According to a new report by Bloomberg, anonymous people familiar with his plans say Trump is planning an executive order that will prioritize crypto-focused policymaking. The report says the order will likely name digital assets as a national imperative as well as create a crypto advisory council to promote the interests of the industry. The sources go on to say that Trump is also considering including a directive in the executive order that would instruct government agencies to review their crypto policies and possibly freeze all lawsuits involving digital assets. Trump is also considering creating a national Bitcoin ( BTC ) stockpile from the $20 billion worth of BTC the government has already compiled. However, the sources warn that the executive order – which is slated for Monday – isn’t finalized and may change before issued by Trump. As stated by Kara Calvert, vice-president for US policy at Coinbase Global, to Bloomberg, “What I think Donald Trump is going to do is signal that the United States is back and we are ready to lead in this industry. What it’s signaling to other countries is be careful, or you won’t keep up.” 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/Viktoria Kurpas The post President-Elect Donald Trump Plans a Crypto Executive Order on Day One of His Second Term: Report appeared first on The Daily Hodl .
Crypto tax forms to expect from exchanges in 2025 tax season
Ethereum is gearing up for its next significant evolution with the anticipated Pectra upgrade, set for March 2025, which promises eight key improvements. This upgrade includes notable features such as
Cross-chain bridge protocol Orbiter Finance plans to airdrop its governance token, OBT, to users on Jan. 20, coinciding with Donald Trump’s swearing-in. Orbiter announced that its native token, OBT, will go live on the same day as Trump’s inauguration, rewarding early supporters and incentivizing cross-chain token transactions. Like many ERC-20 tokens, OBT will debut with staking and governance capabilities. Its total supply of 10 billion tokens is set to launch on Ethereum ( ETH ), with additional issuances planned for ETH-based scaling networks such as Arbitrum ( ARB ) and Base shortly thereafter. You might also like: DCG to pay $38m in SEC settlement for misleading investors The project has allocated 40% of OBT’s total supply for community airdrops. Details shared by the team via X indicate that 22% of eligible users will receive an initial 22% of that allocation. The remaining 3% of the airdrop will be distributed monthly over six months. To qualify for the airdrop, users must have actively interacted with Orbiter’s cross-chain protocol for at least 60 days since December 2021. Additionally, 15% of the total OBT supply has been set aside for the Orbiter team, project contributors, and select supporters, including whitelisted Discord moderators and non-fungible token holders. Orbiter Finance, founded in 2021, aims to facilitate token transfers between EVM-compatible blockchains. The protocol has supported 35 million transactions with $28 billion in volume from over 4.3 million users. Introducing $OBT – Orbiter Finance's token. TGE on Jan 20, 2025. Learn more below. pic.twitter.com/biVIQxnkjz — Orbiter Finance 🛸 (@Orbiter_Finance) January 17, 2025 Read more: Global M&A to exceed $4 trillion in 2025, setting the stage for crypto’s consolidation wave
Internet Computer’s token remained in a tight range on Friday despite a popular crypto researcher criticizing its technology. Internet Computer ( ICP ) token was trading at $11.18, up 93% from its 2024 low. However, it remains at the same level it was during this period in 2024, even as other popular cryptocurrencies like Bitcoin ( BTC ) and Ripple ( XRP ) are hovering near their all-time highs. ICP was largely unchanged after Justin Bons, a well-known crypto researcher and hedge fund manager, criticized its technology. In a detailed thread on X, Bons argued that the Internet Computer network is highly centralized and insecure. Bons’ first claim was that Internet Computer depends on at most 40 independent subnets, each responsible for its own security. While Avalanche ( AVAX ) and Polkadot ( DOT ) use a similar technology, their subnets utilize shared security, making them more secure. According to Bons, ICP is highly insecure because it openly lists the data center locations of its nodes, potentially exposing them to attacks. 1/31) ICP is centralized & insecure; ICP is dangerous! You can bring down ICP by only attacking 40 nodes in known & fixed data centers! ICP promises the moon but offers nothing unique Scalability without decentralization is meaningless; ICP's modular design is the problem: 🧵 — Justin Bons (@Justin_Bons) January 17, 2025 You might also like: Polkadot price rare patterns point to a breakout ahead of key events Bons also criticized Internet Computer’s claim of having infinite scalability. He argued that the network’s scalability has limits since all subnets must communicate with one another. Another issue Bons raised concerns ICP’s claim that it has solved the oracle problem using HTTP outcalls, which allow smart contracts to retrieve data from Web2 APIs. He believes this approach is flawed because it relies on centralized tools. These criticisms likely explain why Internet Computer has underperformed compared to other blockchains in the crypto industry. For instance, ICP only hosts a handful of DeFi applications, with a total value locked of $41 million. Its stablecoins market cap is just $5 million , with Tether accounting for 66% of the total. ICP price analysis Internet Computer chart | Source: crypto.news The daily chart shows that Internet Computer’s price has risen slightly in recent days as most cryptocurrencies rebounded. ICP’s price increased after forming a double-bottom chart pattern at $9.33. This bullish reversal pattern is characterized by two low points and a neckline, which, in ICP’s case, lies at $12.72. The token has moved above the 200-day moving average and the 50% Fibonacci retracement level. Additionally, it has broken above the ascending trendline that connects the lowest swings since November last year. A bullish breakout for ICP will be confirmed if the price moves above the double-bottom’s neckline at $12.72. Such a move could trigger a rally to the next resistance level at $15.60, its November high. You might also like: Is Stellar’s XLM a cheaper XRP alternative to buy now?
Despite Bitcoin’s impressive bull run in 2024, venture capital in the crypto industry revealed a stark divergence, indicating a cautious approach by investors. With a total of $11.5 billion raised
Coinbase, the largest cryptocurrency exchange in the United States, has announced that it is officially supporting the creation of a U.S. Bitcoin Strategic Reserve (BSR). The announcement was made by CEO Brian Armstrong in a blog post shared exclusively with Axios on Friday. Coinbase has publicly supported the concept of a national Bitcoin reserve for the first time, just ahead of Donald Trump’s second presidential inauguration and Armstrong’s scheduled appearance at the World Economic Forum. As a public company with a market value of $73 billion, Coinbase positions itself as the leading voice in the cryptocurrency industry. Often considered the industry’s de facto spokesperson in Washington, Armstrong has taken a bold, confrontational approach to dealing with regulators, inspiring other industry leaders to do the same. Over the past two years, Coinbase has played a significant role in shaping crypto policy. The exchange was a major funder of Fairshake, a political action committee that was influential in recent congressional elections. Coinbase also supports the advocacy group Stand With Crypto, which has brought together more than two million people to support pro-crypto initiatives. Related News: The Country That Slowly Accumulated Massive Bitcoin Without Drawing Attention May Have Sold Some, According to Onchain Data In a blog post, Armstrong called on global leaders and policymakers to embrace cryptocurrencies as a way to accelerate economic freedom. He outlined four key priorities: Passing Pro-Crypto Legislation: Armstrong emphasized the need for laws that encourage crypto firms to remain headquartered in their home countries. Creating Strategic Bitcoin Reserves: Armstrong described the digital economy as the next global arms race and urged nations to prepare by holding Bitcoin as a strategic asset. Creating Special Economic Zones for Digital Assets: Proposed the establishment of zones that would foster innovation in the crypto sector, potentially through regulatory sandboxes. Improving Government Efficiency: Armstrong highlighted blockchain’s potential to streamline government operations, referencing the Department of Government Efficiency (DOGE), an initiative humorously named after Elon Musk’s favorite cryptocurrency. The blog post comes as Trump continues to signal strong support for cryptocurrencies, drawing support from Coinbase and other industry leaders. Armstrong reportedly met with Trump privately twice before and after the election, with Trump showing strong interest in crypto-related talks. *This is not investment advice. Continue Reading: Bitcoin Strategic Reserve in the US Coming Step by Step – Coinbase Releases Big Statement, CEO Met with Trump
Key takeaways Current CLV price prediction suggests that the coin’s price can reach $0.1512 by the end of 2025. By 2028, CLV may reach a peak price of $0.2904 and an average price of $0.2722. In 2031, the target price for CLV is between $0.4356 and $0.4719, with an average price of $0.4537. Clover Finance (CLV) is one cryptocurrency many traders are looking at regarding its future price and if it is a good investment. While the existing products and the token $CLV will remain the same, the new branding aims for a strategic change from finance to everything web3. According to its whitepaper, Clover Finance aims to simplify transaction fees. Unlike other DeFi platforms that ask users to pay transaction fees in specific tokens, Clover Finance allows users to pay these transaction fees in the same token where the transaction occurs. Clover Finance has many use cases, including deploying Dapps on the Clover network, paying transaction fees, staking, voting, and nominating node validators. CLV has fluctuated significantly in the past few months. Will it reach its ATH at $2.17 again? How high will it go in 2025? Let’s get into the details. Overview Cryptocurrency Clover Finance Token CLV Price $0.06126 Market Cap $74.99M Trading Volume $14.1M Circulating Supply 1.22B CLV All-time High $2.17, Aug 31, 2021 All-time Low $0.02902, Oct 12, 2023 24-hour High $0.06241 24-hour Low $0.05785 CLV technical analysis Metric Value Price Prediction $0.18093 (230.04%) Volatility 5.85% 50-Day SMA $0.056983 14-Day RSI 55.15 Sentiment Neutral Fear & Greed Index 61 (Greed) Green Days 13/30 (43%) 200-Day SMA $0.070087 CLV price analysis: Token surges with 3.26% daily gain – bullish momentum ahead? TL;DR Breakdown CLV experienced a sharp increase of 3.26%, signaling bullish momentum. If broken, the token approaches key resistance at $0.06241, which could trigger further upward movement. The support at $0.05785 has proven strong, providing a foundation for potential consolidation or further gains. CLV is experiencing a notable price uptick on January 17th, trading at $0.06126, representing a 3.26% increase in the last 24 hours. The token has broken out of its prior consolidation zone, with a significant surge toward the day’s high of $0.06241. This marks a shift in sentiment as the market starts to build bullish momentum after trading in a relatively tight range. CLV’s current trajectory signals growing interest among investors, with increased volume backing the recent rally. CLV 1-day price chart: CLV shows signs of recovery as momentum indicators signal strength The 4-hour price chart for CLV highlights a gradual recovery, with the token currently trading at $0.06126 after a 6.24% gain in the last session. The price shows a bullish structure, rebounding from its recent lows near $0.05785. Buyers are beginning to regain control, pushing CLV toward its near-term resistance of $0.06241. The consistently higher lows on the chart indicate growing bullish sentiment, with the potential for a breakout if buying pressure sustains above the resistance level. CLV shows signs of recovery as momentum indicators signal strength The Relative Strength Index (RSI) is currently at 46.04, suggesting a shift toward neutral territory from oversold conditions, signaling room for further upward movement. The MACD histogram displays positive momentum, with the MACD line crossing above the signal line, confirming a bullish crossover. These indicators suggest that CLV may continue its upward trajectory, provided volume and buyer interest remain robust. CLV 4-hour price chart: CLV gains momentum as indicators signal strength CLV demonstrates a steady upward movement on the 4-hour chart, trading at $0.06126 with a 3.26% increase. After bouncing off the $0.05785 support level, the token shows resilience, forming higher lows and suggesting a short-term bullish trend. The price is approaching a critical resistance near $0.06241, and a breakout above this level could signal a continuation of the upward momentum. CLV gains momentum as indicators signal strength The Relative Strength Index (RSI) is 60.82, edging toward the overbought zone, indicating intense buying pressure. The MACD is in positive territory, with the MACD line at 0.00075 crossing above the signal line at 0.00049, signaling bullish momentum. Additionally, the MACD histogram shows increasing positive bars, reinforcing the potential for upward movement. Overall, the indicators suggest continuing bullish momentum if buying volume sustains. Clover Finance technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.053064 BUY SMA 5 $0.051238 BUY SMA 10 $0.050069 BUY SMA 21 $0.050806 BUY SMA 50 $0.056983 SELL SMA 100 $0.067324 SELL SMA 200 $0.070087 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $0.050056 BUY EMA 5 $0.050388 BUY EMA 10 $0.05148 BUY EMA 21 $0.055067 SELL EMA 50 $0.062746 SELL EMA 100 $0.068517 SELL EMA 200 $0.067631 SELL What to expect from the CLV price analysis CLV showcases bullish momentum with a notable 3.26% daily gain, trading at $0.06126. This surge has moved the token closer to the key resistance level of $0.06241, a crucial threshold that, if surpassed, could ignite further upward movement. Buyers have effectively defended the $0.05785 support level, creating a strong foundation for potential price consolidation or continued gains. The recent increase in trading volume and consistent higher lows on the chart further reinforce the bullish sentiment. Is CLV a good investment? Based on recent data, Clover Finance (CLV) shows potential as a promising investment. Currently priced at $0.0551 with a market capitalization of $55,092,167, CLV has demonstrated consistent growth and stability. Technical indicators such as the 14-day RSI at 55.15 and the narrowing Bollinger Bands suggest a stable market environment. Despite some bearish sentiment in the short term, the overall bullish trend and investor confidence indicate that CLV is likely to maintain its upward momentum, making it a potentially good investment opportunity. Will Clover Finance reach $0.1? Yes, analysts’ Clover Finance 2025 prediction suggests the token will exceed the $0.1 mark soon. Will Clover Finance reach $0.5? Yes, CLV could potentially reach a maximum price of $0.5 after 2031. Will Clover Finance reach $1? Having attained an ATH of over $2, recapturing the $1 mark remains a possibility. However, analysts suggest this will not happen soon. Does Clover Finance have a good long-term future? Yes, based on the long-term price predictions from 2025 to 2031, Clover Finance shows significant growth potential, with projected increases in minimum, average, and maximum prices each year. This suggests a positive outlook and potential for sustained growth in the cryptocurrency market. CLV Price Prediction January 2025 Cryptopolitan predicts Clover Finance (CLV) to experience varying price levels in January 2025. Their forecast suggests a minimum price expectation of $0.0505, an average price projection of around $0.0644, and a maximum potential price of $0.0767. Clover Finance price prediction Minimum Price Average Price Maximum Price Clover Finance price prediction January 2025 $0.0505 $0.0644 $0.0767 CLV price prediction 2025 Cryptopolitan forecasts Clover Finance (CLV) to show significant potential in 2025, with a predicted minimum price of $0.0726, an average price projection of $0.0907, and a maximum expected price of $0.1089. Clover Finance Price Prediction Minimum Price Average Price Maximum Price Clover Finance Price Prediction 2025 $0.0726 $0.0907 $0.1089 CLV price predictions 2026 – 2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 0.1331 0.1512 0.1694 2027 0.1936 0.2117 0.2299 2028 0.2541 0.2722 0.2904 2029 0.3146 0.3327 0.3509 2030 0.3751 0.3932 0.4114 2031 0.4356 0.4537 0.4719 CLV Price Prediction 2026 The Clover price prediction for 2026 suggests a maximum price expected to reach $0.1694. Clover Finance’s price could be around a minimum of $0.1331, with an average price of $0.1512. CLV Price Prediction 2027 In 2027, Clover Finance’s price prediction projects significant growth. The maximum forecasted price is $0.2299, with an average price expected to reach $0.2117 and a minimum of $0.1936. CLV Price Prediction 2028 The CLV price forecast for 2028 estimates that the cryptocurrency could reach a peak of $0.2904. The average price is projected at around $0.2722, with a minimum expected of $0.2541. CLV Price Prediction 2029 The Clover Finance (CLV) price prediction for 2029 estimates a peak value of $0.3509. The projected minimum trading price is $0.3146, with an average market value projected around $0.3327. CLV Price Prediction 2030 According to the CLV price prediction for 2030, analysts anticipate the cryptocurrency potentially reaching a peak price of $0.4114. The projected minimum price is expected to be $0.3751, with an average trading price of around $0.3932. CLV Price Prediction 2031 According to the Clover Finance price prediction for 2031, analysts foresee the cryptocurrency potentially reaching a maximum price of $0.4719. The projected minimum price is expected to be $0.4356, with an average value of around $0.4537. CLV Price Prediction 2025-2031 CLV market price prediction: Analysts’ Clover Finance price forecast Firm Name 2025 2026 SwapSpace $0.0435 $0.1165 CoinCu $2.45 $4.09 Digital Coin Price $0.13 $0.15 Cryptopolitan’s Clover Finance (CLV) price prediction Cryptopolitan’s CLV price prediction suggests a minimum of $0.5992, an average of $0.6203, and a maximum of $0.7128 in 2025, suggesting substantial growth potential. Further into the future, from 2025 to 2031, CLV’s price is anticipated to soar significantly in a bullish market scenario, with projections ranging from a minimum of $6.39 to a potential maximum of $7.13 by 2031. CLV historic price sentiment CLV price history CLV started October 2022 at $0.08402 and dropped to $0.05227 by December, reflecting high volatility. In early 2023, it rebounded sharply, starting January at $0.05227 and rising to $0.12701 by March, driven by positive market sentiment. After fluctuating between $0.06340 in April and $0.05271 in June, CLV consolidated in the second half of 2023, starting July at $0.03621 and gradually climbing to $0.05820 by December. In January 2024, CLV opened at $0.04476 and climbed to $0.05286 by March. The following months saw fluctuations, with a peak in May at $0.06995 before dipping to $0.05271 in June due to market corrections. By July 2024, CLV stabilized, trading between $0.051 and $0.059. In December 2024, the price held steady at $0.059. As of January, CLV’s price still hovered near $0.059, showcasing a persistent lack of volatility and minimal trading activity over the six-month period.