Dogecoin’s (DOGE-USD) recent struggles have intensified, with the memecoin dropping nearly 25% in the past week. This downturn comes as the broader...
After crashing nearly 15% Bitcoin has spent nearly a week below $100K and BTC currently trades at $94,124. Despite the brutal crash and sideways movement when will Bitcoin price hit $100,000? This article explores three key on-chain metrics that suggest that BTC is preparing for a strong bounce. In the previous article, CoinGape explore three reasons why Bitcoin price crash will end soon. This article explores why BTC should bounce soon and revisit the historic $100K level. 3 Key Metrics That Could Propel Bitcoin Price to $100K According to Santiment, on-chain data provider, the Network Realized Profit/Loss (NPL) indicator saw a spike to roughly 106K & 100K on December 19 and 20, respectively. This profit-taking suggests that investors panic sold. Hence, the chances of a further drop due to spike in selling pressure. BTC NPL Further supporting this thesis is the 30-day MVRV (market value to realized value) ratio has dipped below zero and sits at -4.77%. Between 5% to 10% is where BTC formed a bottom in the past two months. The fact that BTC’s 30-day MVRV is sitting in the opportunity zone suggests that a reversal is likely in the next few days. BTC price vs. 30-day MVRV Lastly the supply distribution metrics show that whales accumulated 30,000 BTC since the ATH. These wallets that hold 100 to 1,000 BTC have shown resilience despite the short-term correction and hints that investors are bullish on the last few days of 2025. BTC Whale Supply Distribution All in all, the outlook for Bitcoin price looks bullish and a potential drop here is highly unlikely. Even if there is a drop, it should stabilize around $90K. As mentioned in yesterday’s Bitcoin article , the drop is likely going to reverse soon and kickstart a consolidation or a reversal. Furthermore, the quarter four is generally bullish according to historical price action, which adds credence to what technicals and on-chain metrics are showing. Therefore, the ongoing downtrend is unlikely to continue and a potential bounce could be coming up soon. The post 3 Key Metrics That Hint Bitcoin Price Will Hit $100K Soon appeared first on CoinGape .
According to an announcement by a cryptocurrency exchange platform, Gate.io, and the Financial Services Agency
A court in Argentina has ordered the seizure of a crypto wallet containing $3.5 million in Tether’s USDT stablecoin. The Argentine Justice Department has taken control of a $3.5 million ( USDT ) wallet, which is part of a larger investigation into Rainbowex, a trading Ponzi scheme . As part of the crackdown, authorities have frozen not only the USDT wallet but also the cryptocurrency wallets and bank accounts of those involved in the alleged fraud, according to a report by iProUp. While details remain unclear, the report reads that the investigation has received crucial help from experts at Lemon, the second-largest digital asset exchange in Argentina, and blockchain forensic firms Chainalysis and Qlue, which provided data and technical support to help authorities trace the funds and understand the flow of the illicit crypto. Read more: Argentina introduces national registry for crypto exchanges to enhance market integrity The Rainbowex investigation has already led to more than 15 raids across Argentina. At least four people have been arrested, but several others are still on the run. Authorities are also working with Interpol to capture individuals from Malaysia who are believed to have been behind the creation and operation of Rainbowex. Rainbowex promised investors extraordinary returns of 1% to 2% per day, or an annual interest rate of nearly 3,500%. It is estimated that tens of thousands of people from the town of San Pedro, Buenos Aires — where nearly 70,000 people live — suffered from the scheme. Read more: USDT operator Tether hints at AI plan in 2025
A court in Argentina has ordered the seizure of a crypto wallet containing $3.5 million in Tether’s USDT stablecoin. The Argentine Justice Department has taken control of a $3.5 million (USDT) wallet, which is part of a larger investigation into…
Will your ship arrive in 2025? Time to call up new meme coins that can do the work for you in the new year. If ever there was a year of meme coins , 2024 has been it, and the momentum could continue well into 2025. Meme coins have outperformed every expectation in 2024, with big names like Dogecoin ($DOGE) and Shiba Inu ($SHIB) seeing between 200% and 400% growth across every metric this year. And they seem to be hanging onto much of these gains, despite some noticeable volatility in recent days over the Fed’s hawkish attitude to crypto. No Stopping the ‘Meme SuperCycle’ Overall, there’s no holding these puppies back, with $DOGE boasting a 433% growth in market cap over the year. New meme coins like Wall Street Pepe ($WEPE) and Solaxy ($SOLX) on the presale horizon are showing similarly ‘ridonculous’ gains potential. Investor Murad Mahmudov believes the meme coin supercycle is still in full swing, and that the meme coins you hold today will determine your wealth by 2025-2026. To help you pick and hold the right coins as the year comes to a close, we’ve lined up 4 that could turn $100 into $1,100 in 2025. We’ve selected them as much for their utility as for their promising presale performance. Let’s get into it! Wall Street Pepe ($WEPE) Builds a Retail Investor Army, Tops $35M in Presale $WEPE has brushed off the market’s bad attitude, raking in $35M in the first three weeks of its ICO, with little sign of slowing down. Wall Street Pepe marched onto the scene after its unaffiliated successor, Pepe Unchained ($PEPU), saw a staggering 592.43% gain after listing earlier this month. Like $PEPE, our chill little frog bro $WEPE has picked up some serious Mr. Toad swagger, armed with the combined wits of his devoted ‘frog army’. $WEPE’s ability to build an investment community that could beat the Wall Street Whales at their own game is its main strength. Its endorsement as an upcoming token by top wallet provider Best Wallet also serves as a strong indicator of its post-listing gains potential. Today, the price of 1 $WEPE is $0.0003654, so it’s best to get in now before the next price increase. You can also join the Wall Street Pepe investment community on X and Telegram . Solaxy ($SOLX) Enhances Solana Scalability With Its Layer-2 Solution A week since launch, Solaxy’s native token $SOLX is flexing an almost $4.9M raise. Solaxy has piqued investors’ interest with its plan to build a Layer-2 protocol on Solana to better handle high-traffic applications like meme coin trading. This project promises to reduce the delays some have experienced on the Solana blockchain. Because thousands of meme coins are launched and traded on Solana, this is a positive development for all degen traders. And as a multi-chain project, Solaxy brings the strengths of the Ethereum blockchain to the table. You can buy $SOLX from the official presale website using $ETH, $USDT, and by credit or debit card. Read the whitepaper or join $SOLX on Telegram or X for more info on this exciting project. Flockerz ($FLOCK) Is Up $7.7M Despite Market Cooling, Presale to End Soon $FLOCK has continued to attract significant interest and capital despite the market dip, with over $7.7M raised in its presale so far. This may be because Flockerz is more than just another quirky cartoon-themed meme coin. It introduces a new approach to meme coin governance with its innovative Vote-to-Earn (V2E) mechanism. This lets community members vote on key decisions regarding the project’s future and earn crypto rewards for their participation. This unique approach reinforces expectations of sustained engagement and decent post-listing performance. For early investors looking to join the migration, one $FLOCK token is currently available for $0.006504. The presale is set to end in 29 days, so now may be the best chance to get $FLOCK at a pre-listing price. Join the Flockerz community on X and Telegram for updates. Meme Index ($MEMEX) Makes Meme Coin Investing Easy Meme Index is a new presale token that aims to help investors pick the right meme coins and diversify risk. Meme Index will give investors an at-a-glance view of the top meme coins of the day, sorted into four categories based on maturity and volatility. The index will let you filter tokens according to your risk appetite. You can opt for ‘Titan’ coins like $DOGE, which offer the most stability, or take a shot with ‘Moonshot’ coins with a potential for 100x growth. If you’re feeling lucky, you can check out the ‘Frenzy’ coins – hot new meme coins showing early signs of success. Since launching, the $MEMEX presale has raised nearly $300K with one token currently priced at $0.01457. Hope for the Best But DYOR As the year winds to a close, you may have some time on your hands to dabble in meme coin trading. While all of these best meme coins show undeniable promise of 10x gains in 2025, if we’ve learned anything of late, it’s that the market continues to evolve and shift in unpredictable ways. That’s why we encourage you to do your own research and never invest more than you can afford to lose.
NO BYLINE, THANK YOU Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin ( BTC ) holdings. The 31% of known BTC holdings owned by ETFs, governments and MicroStrategy represents a 14% increase from December 2023, according to Ki Young Ju , the founder and chief executive of the digital asset analytics firm CryptoQuant. “Bitcoin Cap Table Update: ETFs, governments, and MSTR now account for 31% of all known Bitcoin holdings, up from 14% last year.” Source: Ki Young Ju/X Young Ju also discussed the importance of MicroStrategy’s BTC holdings. “Different forms of money require distinct gateways. Bitcoiners should recognize MSTR as a gateway bridging Nasdaq-100 money to Bitcoin. I don’t understand why some Bitcoiners dislike MSTR. They might raise concerns about self-custody, but very few people actually practice self-custody — just as only a few care about privacy breaches. MSTR’s Bitcoin bank model aligns well with the current adoption level. If the gateway’s active fund management enables the acquisition of a significant amount of Bitcoin with relatively little capital, that marks the success of a Bitcoin bank. Of course, there is always the risk of failure, so one should view it as entrusting funds to a bank with the goal of gaining more Bitcoin, using Bitcoin itself as the form of money.” Bitcoin is trading at $93,895 at time of writing. The top-ranked crypto asset by market cap is down nearly 2% in the past 24 hours. 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/Don White – Art Dreamer/Vladimir Sazonov The post 31% of All Bitcoin Holdings Now Belong to ETFs, Governments and Microstrategy (MSTR): CryptoQuant CEO appeared first on The Daily Hodl .
Experts are buzzing about Lightchain AI (LCAI) as the next big opportunity in the cryptocurrency space. Known for its innovative Proof of Intelligence consensus and Artificial Intelligence Virtual Machine, LCAI is already reshaping blockchain technology. With its presale price at just $0.0037, it’s drawing comparisons to the early days of Shiba Inu (SHIB). However, unlike meme coins, Lightchain AI stands out with real-world utility and a robust roadmap. Explore more at lightchain.ai . Experts Opinions on Future Crypto Giants Cryptocurrencies have consistently reshaped the financial landscape, and experts agree that the next wave of innovation could drive exponential growth. Analysts are increasingly identifying tokens with unique features and real-world applications as key players in this evolution. Lightchain AI (LCAI) is emerging as a frontrunner in this category. With its blend of cutting-edge artificial intelligence and blockchain technology, experts predict that its foundation of real utility could set it apart from speculative projects, propelling it into the spotlight. Innovative Trends Shaping Cryptocurrency The cryptocurrency market is being revolutionized by projects that prioritize real-world utility and long-term sustainability. Lightchain AI exemplifies this shift by focusing on decentralized AI applications, fostering collaboration between developers, enterprises, and users. Its ecosystem encourages active participation, ensuring the creation of inclusive and fair decentralized solutions that redefine traditional blockchain functionalities. A key trend is the focus on ethical and transparent AI integration into blockchain ecosystems. Lightchain AI leverages decentralized frameworks to mitigate bias, distribute control, and enhance accountability in AI operations. By addressing these critical challenges, Lightchain AI and similar projects are shaping the future of cryptocurrency, making it more practical and transformative for global adoption. Utility-Driven Tokens Redefining Success Utility-driven tokens are transforming the cryptocurrency landscape by offering tangible value beyond speculation. Unlike traditional cryptocurrencies, these tokens power real-world applications, such as facilitating decentralized governance, accessing advanced services, or rewarding contributors within their ecosystems. Lightchain AI (LCAI) exemplifies this evolution by integrating its token into core functionalities like AI service payments, model training, and staking for community governance. This shift toward utility ensures that token value is tied to meaningful use cases, fostering long-term engagement and adoption. By addressing practical needs and creating sustainable ecosystems, utility-driven tokens are redefining success in the crypto space, bridging the gap between innovation and everyday relevance. Strategies Fueling Lightchain AI’s Dominance Lightchain AI’s dominance in the blockchain and AI space stems from its innovative approach to addressing critical industry challenges. By prioritizing decentralization, the platform leverages community-driven governance to ensure transparency, fairness, and inclusivity. This strategy not only empowers stakeholders but also establishes trust, a cornerstone for widespread adoption. The integration of real-world applications further solidifies its leadership. Through features like AI-powered decentralized applications (dApps) and privacy-preserving mechanisms, Lightchain AI creates a versatile ecosystem. Its commitment to continuous technological advancements and strategic partnerships positions it as a trailblazer, setting new standards for scalability, efficiency, and ethical AI integration in the decentralized world. Presale Opportunities Transforming Investment Potential Presales offer investors a chance to participate early in promising projects, often at significantly lower prices. Lightchain AI ’s ongoing presale , priced at just $0.0037, exemplifies this opportunity, allowing investors to get in on the ground floor of a revolutionary platform. With its innovative technology and focus on real-world utility, Lightchain AI is positioned to dominate the cryptocurrency market. Its presale underscores its potential as a top token, offering investors not just speculative gains but a stake in a transformative project. Visit lightchain.ai for more details. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol 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.
MicroStrategy files a preliminary notice with the SEC to hold a shareholder vote for several items, including whether to increase authorized shares of common stocks and preferred shares from millions to billions. MicroStrategy , the largest corporate holder of Bitcoin ( BTC ) to date, plans to conduct a meeting of shareholders. According to the preliminary notice filed to the SEC , MicroStrategy plans to have the meeting sometime in early 2025, though the exact date and time has yet to be determined. The meeting will be held on a live webcast which can only be accessed by MicroStrategy stockholders via a website URL. The purpose of the shareholder meeting is to vote on several items, two of them will determine the number of issued authorized shares of the company’s capital stock in order to reach the company’s three-year goal. Known as the 21/21 plan, MicroStrategy aims to raise $21 billion of equity capital and $21 billion of fixed-income instruments, which would equal to $42 billion in capital. “The proposals we are asking you to consider reflect a new chapter in our evolution as a Bitcoin Treasury Company and our ambitious goals for the future,” said Michael Saylor , the Chairman of MicroStrategy. You might also like: MicroStrategy registers new $1.5b Bitcoin buy First, shareholders are expected to vote ‘yes’ or ‘no’ on whether to increase the number of authorized shares of class A common stock from 330 million shares to 10.33 billion shares. Each share unit is valued at $0.001. Next, shareholders will vote on whether to approve of an increase in the number of authorized shares of preferred stock from 5 million shares to more than 1 billion shares. Not only that, MicroStrategy shareholders are also going to vote on whether to provide automatic equity award grants to new members of the company’s Board of Directors upon their appointment. Lastly, shareholders will approve or reject proposals to adjourn the Special Meeting if necessary to solicit additional proxies if the number of votes fail to reach the necessary threshold. Previously, MicroStrategy added 5,262 Bitcoin to its company reserves. The recent purchase puts the Virginia-based software firm’s total BTC holdings to 444,262 BTC. You might also like: MicroStrategy enlarges Bitcoin coffers by $561m
MicroStrategy files a preliminary notice with the SEC to hold a shareholder vote for several items, including whether to increase authorized shares of common stocks and preferred shares from millions to billions. MicroStrategy, the largest corporate holder of Bitcoin (BTC)…