Bearish Targets Get Activated for Ethereum; What’s Next for the ETH Price Rally as Bulls Remain Vigilant!

The post Bearish Targets Get Activated for Ethereum; What’s Next for the ETH Price Rally as Bulls Remain Vigilant! appeared first on Coinpedia Fintech News Ethereum is heading to become one of the top blockchains for Wall Street with the new launch of Etheralize. It is a startup that calls itself an institutional marketing and product arm of the Ethereum ecosystem. Vitalik & Ethereum Foundation’s new investment is expected to be at the forefront of global finance and achieve a similar success as Bitcoin witnessed after the launch of the spot ETF. This could significantly impact the ETH price rally in the coming days as the spot Ethereum ETF also records significant gains. In an interesting update, the ETH spot ETFs witnessed over $70 million inflow, marking 6 consecutive days of gains. This indicates a rise in the trader’s interest over the token, as the institutions seem to be bullish over the ETH price rally. Meanwhile, the current market dynamics suggest that the token is likely to enter a downtrend and probably enter the demand zone around $3000. Now the question arises: whether the ETH price will rebound above $4200 and trigger a massive altseason? The monthly price action of ETH suggests the token is facing an equal bullish and bearish action. Despite this, the daily price action suggests the price is expected to undergo a fresh bullish action. However, the volume remains grounded, hinting towards a drop in the trading activity and volume. Hence, the rise may not be supported by sustained growth, due to which the trend may remain within a consolidated range below $3400. Meanwhile, the monthly price action hints towards a new ATH above a 5-digit figure. The monthly RSI has never dropped below 40 since the beginning and this could act as a strong base as the levels are plunging. However, the current market dynamics suggest the bears are not strong enough to restrict the rally below $3000; hence, the bulls are required to intensify their strength, which may help the price to elevate the levels beyond the pivotal resistance at $3500. As the monthly volume remains within a bearish influence, the possibility of a strong rebound remains uncertain. Therefore, the Ethereum price remains poised for a consistent upswing, provided the bulls elevate the levels beyond $4000 in Q1 2025.

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Volatile Crypto Market Pushes XRP Whales to This New $0.16 Altcoin for 10,000% Listing Gains

The cryptocurrency landscape thrives on unpredictability, and while Ripple (XRP) frequently makes news with optimistic forecasts, its large investors are now shifting focus to an exciting contender, DTX Exchange (DTX). This altcoin, priced at $0.16, promises to revolutionize trading by offering innovative features, such as the integration of diverse asset classes and state-of-the-art blockchain technology. Let's delve into the reasons why XRP whales are gravitating towards this groundbreaking platform and explore what this means for the future of DTX Exchange (DTX). DTX Exchange: Revolutionizing Conventional Finance By merging stocks, cryptocurrencies, and foreign exchange assets on a single platform, DTX Exchange (DTX) is pioneering a shift in the traditional financial sector. This approach eliminates the hassle of switching between different platforms to handle various investments. Their powerful layer-1 blockchain, VulcanX, has just launched its testnet, boasting an anticipated TPS exceeding 200,000. The platform's advanced technology is attractive to both seasoned traders and investors. This widespread interest is evident as DTX Exchange has already attracted more than 475,000 users. Offering leverage up to 1000x, DTX significantly boosts liquidity, granting investors of all levels broad market exposure regardless of their investment size. This feature, combined with DTX's distributed liquidity pool, makes the platform an appealing choice for investors and traders seeking substantial returns even with minimal capital. The platform's unique launch strategy is another key factor drawing attention to DTX Exchange. Instead of relying on venture capital, DTX has opened its public presale to investors at all levels. Now, retail investors can participate and reap benefits like early feature access, governance rights, and profit sharing. With significant technological backing and immense profit potential, Ripple (XRP) whales are eagerly adding DTX to their portfolios. XRP's Bullish Flag Breakout: A Look at the Technical Indicators Crypto analyst Ali Martinez reports that XRP has successfully broken out of a bullish flag pattern. He highlights that the new price target is $4.4, suggesting a potential upside of over 40% from its current price of about $3.24. Earlier this week, it was reported that XRP's market cap soared to an impressive $193.5 billion, briefly surpassing that of financial giant Goldman Sachs. This surge in XRP's price was driven by several factors, including the inauguration of the Trump administration, the favorable resolution of its long-standing SEC lawsuit, and the anticipated approval of a Ripple (XRP) ETF. The Reason XRP Whales Are Investing in DTX Tokens DTX Exchange (DTX) is currently in its eighth presale phase, capturing significant attention due to its impressive performance. The presale began just a few months ago and has already raised over $12.2 million, distinguishing itself in the presale market. In this final presale round, DTX tokens are available for just $0.16, presenting the last opportunity to participate. The expected listing price is set to exceed $0.5, promising a notable return for those investing in this stage. If you're considering an investment in this venture, now is the perfect time. Ripple (XRP) whales are already jumping on board with this token! For more information about the DTX Exchange ecosystem, explore: Buy Presale Visit Website Join Community 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.

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Volatile Crypto Market Pushes XRP Whales to This New $0.16 Altcoin for 10,000% Listing Gains

The cryptocurrency market breathes on volatility, and while Ripple (XRP) makes headlines with bullish predictions, its whales are turning their eyes to a new gem, DTX Exchange (DTX). This $0.16 altcoin is all set to change the trading game with groundbreaking features, from integrating multiple asset classes to leveraging cutting-edge blockchain technology. Let’s take a closer look into why XRP whales are flocking to this revolutionary platform and what it means for DTX Exchange's (DTX) growth trajectory. How DTX Exchange is Reshaping the Traditional Financial Narrative With the integration of stocks, cryptocurrency, and FX assets under one place, DTX Exchange (DTX) is the first platform that is transforming the conventional financial narrative. This eliminates the need for users to spend time switching between platforms to manage all of their assets. Their robust layer-1 blockchain, VulcanX, just released its testnet and had an expected TPS of over 200,000. Both seasoned traders and investors find the platform's cutting-edge technology appealing. Reflecting this widespread appeal, DTX Exchange has crossed over 475,000 users. DTX is offering up to 1000x leverage, massively enhancing liquidity, and giving investors of every level a wide market exposure irrespective of their capital investment size. This feature, when coupled with DTX’x distributed liquidity pool, sets the platform as a top choice for investors and traders who are looking to gain big even with little capital. The manner in which the platform is being launched is another important reason why DTX Exchange has attracted widespread attention. Rather than depending on venture capital firms, DTX has opened its public presale to investors of all levels. Retail investors may now take part and take advantage of all the benefits, including early access to features, governance rights, and profit sharing. Due to its strong technological support and enormous profit potential, Ripple (XRP) whales are adding DTX to their portfolios. Bullish Flag Breakout: XRP’s Technical Indicators Explained According to cryptocurrency analyst Ali Martinez, the price of XRP has broken out of a bullish flag. He noted that the cryptocurrency's new price target, given the recent breakout, is at $4.4, which represents a more than 40% potential upside for the coin, which is currently trading at about $3.24. Earlier this week, a publication announced that XRP's market value reached an astounding $193.5 billion, temporarily surpassing that of Wall Street behemoth Goldman Sachs. This spike in XRP's price performance has been caused by several factors, including the Trump administration's inauguration, the favorable outcome of the prolonged lawsuit with the SEC, and the prospective approval of the Ripple (XRP) ETF. Why XRP Whales Are Loading Up on DTX Tokens DTX Exchange (DTX) is currently in its eighth presale stage and has generated a lot of attention because of its ground-breaking performance. The presale just started a few months ago, and as of right now, it has raised over $12.2 million in funding, setting itself apart in the presale arena. Each DTX token can be purchased for only $0.16 in the current presale round, which is the last chance to join the presale. It is anticipated that the listing price will surpass $0.5, offering a substantial return on investment to all investors participating in this current presale stage. If you want to invest in this project, now is the ideal moment to do so. Ripple (XRP) whales are already packing their bags with this token! To know more about the DTX Exchange ecosystem, Check out: Buy Presale Visit Website Join Community 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.

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New Development in Ripple – SEC Case! The Organization That Opposed Spot Bitcoin ETFs Now Supports the SEC!

While the SEC-Ripple case continues with the SEC filing its detailed appeal, a new development has occurred. While the cryptocurrency industry supports Ripple against the SEC, support also came to the SEC. Accordingly, the non-profit organization Better Markets announced that it supports the SEC in the XRP case. Better Markets has filed an amicus curiae brief in support of the SEC in its ongoing lawsuit against Ripple. In its petition, Better Markets argued that Ripple’s retail XRP sales fall within the scope of securities transactions and that the district court’s previous decision should be overturned and vacated. Better Markets emphasized that when investors purchase XRP from their trading platform, the security nature of XRP and the fact that XRP is a security does not change. Better Markets also argued that the district court ignored the economic realities of Ripple issuing and selling XRP tokens and the fact that investors understood the connection between Ripple's actions and their profit expectations. At this point, Better Markets is requesting that the district court overturn the ruling that XRP sales to retail investors on exchanges do not constitute investment contracts. Better Markets, known for its anti-cryptocurrency stance, previously opposed the approval of a spot Bitcoin (BTC) ETF in a separate legal filing. What Happened? In 2020, the SEC accused Ripple of selling XRP, which it claimed was an unregistered security, and raising $1.3 billion through those sales. In the long-running case, in 2023, U.S. District Court Judge Analisa Torres of the Southern District of New York ruled that Ripple’s so-called retail sales of XRP did not violate securities laws. However, she ruled that other direct sales of XRP tokens to institutional investors were securities. Judge Torres also ordered Ripple to pay a $125 million fine. The SEC recently filed a detailed appeal against a district court ruling regarding Ripple’s XRP sales. In the filing, the SEC argued that all transactions involving XRP purchased by retail investors through cryptocurrency platforms are securities under the Howey Test. Related News: New Development in Ripple - SEC Case! SEC Uses Its Last Trump Card for XRP! *This is not investment advice. Continue Reading: New Development in Ripple – SEC Case! The Organization That Opposed Spot Bitcoin ETFs Now Supports the SEC!

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Goldman Sachs CEO the Latest to Dismiss BTC as Threat to the US Dollar

Bitcoin consolidated around $100,000–$110,000 after the ”Trump pump,” and analysts predict that BTC’s next market move will hinge on the upcoming FOMC meeting and potential quantitative easing. Despite reduced liquidity and profit-taking activity, some experts are still bullish, and predict Bitcoin could reach $150,000. BlackRock CEO Larry Fink is optimistic that Bitcoin might surge to $700,000 due to inflation concerns and increasing institutional adoption, though he stopped short of endorsing it. Bitcoin No Threat to the US Dollar Goldman Sachs CEO David Solomon dismissed concerns that Bitcoin poses a threat to the dominance of the US dollar. At the World Economic Forum in Davos, Solomon described Bitcoin as an ”interesting speculative asset” while holding onto his belief in the US dollar as the world’s reserve currency. He acknowledged that Bitcoin's foundational blockchain technology is an area of active research at Goldman Sachs as the firm is exploring ways it could reduce friction in the financial system. Despite the potential benefits, Solomon pointed out that regulatory restrictions prevent banks from directly owning or engaging in Bitcoin transactions, and stated, ”We can’t principal, we can’t be involved with Bitcoin at all.” Solomon’s opinions are very similar to the views of Lee Bratcher , president of the Texas Blockchain Council. He argued that dollar-pegged stablecoins could reinforce the dollar's global dominance. According to Bratcher, stablecoins enable broader access to the dollar, particularly in regions where traditional banking systems are less accessible, and placed a lot of emphasis on their importance when it comes to maintaining the US dollar’s position as the world’s leading reserve currency. Meanwhile, the US Dollar Index (DXY) has risen by 0.14% over the past 30 days, currently standing at 108.310, according to TradingView. During the same period, Bitcoin surged by 8+% to trade at $102,110. Goldman Sachs is in the process of spinning out its cryptocurrency platform into a standalone company. This initiative is being led by Mathew McDermott, the firm’s global head of digital assets. The spinout is expected to be completed in the next 12 to 18 months, subject to regulatory approvals. Analysts Predict Bitcoin Consolidation Ahead of FOMC Meeting For now, Bitcoin’s price settled into a range between $100,000 and $110,000 after the recent ”Trump pump” rally that was spurred by the newly elected US president. After a brief 3+% jump on Jan. 21, the cryptocurrency's price action consolidated over the past 24 hours, and some analysts now predict this sideways trend could extend until the Federal Open Market Committee (FOMC) meeting on Jan. 28–29. Crypto trader Krillin suggested that the price may stay in this range unless an unexpected event disrupts the market. The CME FedWatch tool indicates a 99.5% probability that interest rates will remain unchanged, which could lead to continued consolidation in the short term. However, any signals of possible quantitative easing (QE) during the FOMC meeting could trigger the next rally for risk assets, including Bitcoin. The US national debt surpassed the $36.1 trillion ceiling after reaching $36.21 trillion, which historically led Congress to raise the limit. Analysts speculate that this situation might push the Federal Reserve to engage in QE by injecting liquidity into the markets through large-scale asset purchases. A move like this could reverse the ongoing quantitative tightening, which reduced the Fed’s balance sheet from close to $9 trillion in April of 2022 to $6.8 trillion as of Jan. 15. The potential return of QE could be a key driver for Bitcoin’s next leg upward, but more clarity is expected after the FOMC meeting. Although Bitcoin was able to cross the $100,000 milestone, capital inflows have not kept pace. Glassnode data shows a large drop in BTC’s realized cap net position change, from 12.5% to below 5% since November of 2024. This means that there is reduced activity at higher price levels. Additionally, net realized profit-taking , which peaked at $4.5 billion in December 2024, declined by 93% to $316.7 million. This reduction in sell-side pressure indicates that the market is resetting to a balance of supply and demand, but liquidity is still thin. Despite the current lack of momentum, some analysts are still very bullish on Bitcoin’s longer-term prospects. Bitcoindata21 predicted that the total crypto market cap could double in the next six to eight weeks, with Bitcoin potentially reaching $150,000. By referring to historical patterns, the analyst pointed out that Bitcoin’s weekly RSI is rebounding from the bottom of its trend channel, which resembles past bull market signals from 2017 and 2020. As long as Bitcoin stays in this trend channel, the broader bull market seems to be intact for now. Traders Predict Bitcoin Volatility Other traders are now focusing on potential price movements below $100,000, with some analysts eyeing levels in the mid-to-high $90,000s. Crypto Chase suggested a potential long position around $99,500 but warned that prolonged trading below $96,000–$97,000 could invalidate a bullish outlook. Another trader, XO , identified the December price range, with lows near $90,000 and highs at $108,000, as the key zone for market movement. Acceptance beyond either boundary could establish a clear trend. The 10-day simple moving average (SMA), is also a critical level to watch in the near term. Analyst Matthew Hyland recently noticed Bitcoin’s daily price action testing the SMA, indicating that a breakout or breakdown could occur by the end of the week. Additionally, the Choppiness Index, which is a tool used to measure market volatility, is signaling an imminent end to Bitcoin’s recent consolidation phase. On-chain analyst James Check pointed out that the indicator is now primed for a breakout, which signals the conclusion of a period of “chopsolidation” near the $100,000 level. BlackRock CEO Shares His Own Bitcoin Prediction BlackRock CEO Larry Fink also spoke at the World Economic Forum in Davos, and discussed Bitcoin's potential to surge to $700,000 per coin due to the growing concerns over currency debasement. He stated that small allocations of 2%–5% from asset managers could drive such a price increase. However, Fink made sure to clarify that his statements were not an endorsement of Bitcoin. Larry Fink in Davos Fink also shared his concerns about persistent inflation, and warned people against assuming that peak inflation levels already passed. While the annual Consumer Price Index (CPI) for 2024 came is slightly lower than expected at 3.2%, critics argued that CPI underestimates real inflation. Shareholder proposals that were submitted to Meta and Amazon advocated for adopting Bitcoin as a reserve asset by claiming that the true inflation rate could be nearly double the reported CPI figures. The National Center for Public Policy Research revealed that inflation averaged 4.95% over the past four years, with a peak of 9.1% in June of 2022.

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7 Top New Cryptos to Invest in January 2025 For Super Gains

As we kick off January 2025, the cryptocurrency market is alive with fresh opportunities. The past year has seen an influx of new coins, each vying for the attention of savvy investors. Many of these new cryptos are designed to tap into current trends and community engagement, making them prime candidates for significant returns. Whether you’re a seasoned trader or a newcomer, now’s the time to keep your eyes peeled for those hidden gems that could yield super gains. Leading this exciting wave is BTFD Coin (BTFD) , which is making headlines in the meme coin frenzy. With over $5.5 million raised in its presale and a community of more than 9,100 holders, BTFD is rapidly establishing itself as a strong contender for investment. Its unique offerings, like a Play-to-Earn game and an impressive 90% APY on staking, have investors buzzing with anticipation. As we explore the top new cryptos to invest in January 2025, BTFD Coin undoubtedly deserves the top spot. Let’s dive into our list of seven promising cryptos for this month. 1. BTFD Coin (BTFD) Starting our list is BTFD Coin, a project that’s not just riding the wave of meme coins but is actively shaping the tide. Launched on January 1, 2025, this coin has been designed to engage its community while offering tangible benefits. The presale commenced at a low price of $0.000004 per coin, and with the current value at $0.00016, the growth potential is enough to make any investor sit up and take notice. Analysts predict that once the presale wraps up, BTFD will be listed at $0.0006, which adds to the excitement surrounding this project. A standout feature of BTFD Coin is its Play-to-Earn game , which launched on the same day as the coin itself. This isn’t just some run-of-the-mill game; it allows players to earn while enjoying their gaming experience. Staking also plays a significant role in its appeal. With a staggering 90% APY that went live on December 2, investors can grow their holdings while simply sitting back and relaxing. Additionally, the Referral Programme encourages community members to invite others to join, making it a win-win situation for everyone involved. The Bulls Squad initiative further enhances community engagement, creating a strong sense of belonging among holders. With over 66 billion $BTFD coins sold, the momentum is palpable. Why did this coin make it to this list? It’s the combination of innovative features, a supportive community, and robust presale performance that makes BTFD Coin a prime candidate among the top new cryptos to invest in January 2025. 2. Just a Chill Guy Next up is Just a Chill Guy, a crypto project that perfectly embodies the laid-back vibe of the meme coin culture. This coin has quickly captured the attention of investors with its unique branding and community-driven approach. The developers have crafted a platform that encourages users to engage with one another while enjoying a good laugh, making it an appealing option in the crowded market. Just a Chill Guy stands out for its interactive community events and contests, which keep the energy high and the conversations flowing. It’s not just about trading; it’s about building relationships and having a bit of fun along the way. The team behind the coin is committed to transparency, often sharing updates and engaging with their followers on social media, which fosters trust and loyalty. Moreover, Just a Chill Guy has ambitious plans for the future, including collaborations with popular meme creators and influencers. This approach not only increases visibility but also creates buzz around the coin, making it a strong contender for growth. Why did this coin make it to this list? It’s the engaging community, clever branding, and potential for significant returns that position Just a Chill Guy among the top new cryptos to invest in January 2025. 3. SPX6900 In the third spot, we have SPX6900, a futuristic crypto project that’s making waves with its focus on space and technology. This coin taps into the growing interest in space exploration and tech advancements, making it particularly appealing to a tech-savvy crowd. The branding is sleek and modern, attracting investors who are looking for the next big thing. SPX6900 has a unique utility that sets it apart from other meme coins. It aims to create a platform for space enthusiasts and investors to come together, share ideas, and invest in projects related to space exploration. This innovative approach not only fosters community but also opens up avenues for growth and collaboration. The developers behind SPX6900 are committed to continuous improvement and innovation, regularly updating the community about new features and developments. This commitment to transparency is crucial for building trust in the crypto space. Why did this coin make it to this list? It’s the unique blend of technology, community engagement, and innovation that positions SPX6900 as one of the top new cryptos to invest in January 2025. 4. Act I: The AI Prophecy Next, we turn our attention to Act I: The AI Prophecy, a project that merges artificial intelligence with cryptocurrency in an exciting way. As AI continues to shape our world, this coin is positioned to take advantage of that trend. The developers have crafted a platform that leverages AI technology to enhance user experience and investment opportunities. Act I is not just about investing; it’s about exploring the potential of AI in finance. The community is actively engaged in discussions about the future of AI and its implications for the crypto market. This level of interaction not only fosters a sense of belonging but also drives innovation within the project. The roadmap for Act I includes plans for collaborations with tech companies and AI experts, which is set to enhance its credibility and visibility in the market. Why did this coin make it to this list? It’s the innovative approach to merging AI with cryptocurrency that positions Act I: The AI Prophecy among the top new cryptos to invest in January 2025. 5. Moo Deng Coming in strong is Moo Deng, a meme coin that has quickly garnered attention for its playful branding and engaging community. The developers behind Moo Deng have tapped into the light-hearted nature of meme culture, creating a fun environment for investors and enthusiasts alike. Moo Deng has built a vibrant community that actively participates in events and shares memes, fostering a sense of camaraderie. The team behind the coin is dedicated to keeping the momentum going, regularly introducing new features and updates that keep the community engaged and excited. Additionally, Moo Deng has plans for future developments, including partnerships with influencers and meme creators, which are set to boost its visibility in the crowded market. Why did this coin make it to this list? It’s the engaging community, clever branding, and potential for growth that make Moo Deng a noteworthy contender among the top new cryptos to invest in January 2025. 6. Fartcoin In a cheeky twist, Fartcoin is here to bring a bit of humour to the crypto game. This quirky project has attracted attention for its light-hearted branding and playful approach to investing. The developers understand that the crypto space can be serious, so why not have a laugh while making money? Fartcoin has built a community that thrives on humour and engagement, encouraging members to participate in various activities. The playful branding resonates with a broad audience, making it an appealing option for those looking to invest without taking things too seriously. Moreover, Fartcoin has plans for future developments that include collaborations with meme creators and promotional events, which are set to increase its visibility in the market. Why did this coin make it to this list? It’s the unique blend of humour, community engagement, and potential for growth that positions Fartcoin among the top new cryptos to invest in January 2025. 7. Snek Last but certainly not least, we have Snek, a coin that has slithered its way into the hearts of crypto enthusiasts. Snek is all about community and fun, with a focus on creating an inclusive environment for all investors. The developers behind this project have crafted a platform that encourages interaction and collaboration, making it a lively space for holders. Snek has a vibrant community that shares memes, engages in discussions, and participates in various events, fostering a sense of belonging. The team is committed to keeping the energy high, regularly introducing new features and updates that keep the excitement alive. Additionally, Snek plans to expand its reach through collaborations with popular influencers and meme creators, which is set to boost its visibility and credibility in the market. Why did this coin make it to this list? It’s the engaging community, clever branding, and growth potential that positions Snek as one of the top new cryptos to invest in January 2025. Conclusion As we delve into January 2025, the cryptocurrency landscape is teeming with opportunities for super gains. With exciting projects like BTFD Coin, Just a Chill Guy, SPX6900, Act I: The AI Prophecy, Moo Deng, Fartcoin, and Snek leading the charge, there’s no shortage of options for investors. Each of these coins brings its unique flair, making them worthy contenders for your portfolio. If you’re ready to jump into the exhilarating world of cryptocurrency, don’t miss out on the BTFD Coin presale. With its innovative features and a strong community backing, now’s the perfect time to get involved. Join the BTFD Coin presale now and be part of this thrilling journey! Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .

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Goldman Sachs CEO says Bitcoin is not a ‘threat’ to the US dollar

In a recent interview, Goldman Sachs CEO David Solomon said that he does not see Bitcoin as a threat to the supremacy of the US dollar. Sitting in an interview with CNBC yesterday while attending the World Economic Forum in Davos, Switzerland, Solomon said that the largest crypto by market cap is an ‘interesting speculative asset’ and that he does not believe it can challenge the US dollar as the de facto global asset. The Goldman Sachs CEO added that the potential of digital currencies and the underlying blockchain technology that they are deployed on is remarkable. However, access to the technology is somewhat restricted for banks, Solomon said. He noted existing legal and regulatory barriers as roadblocks that make it difficult for banks to adopt and implement the technology. Solomon also said that under current restrictions, Goldman Sachs can’t hold, invest, or engage in Bitcoin directly. Blockchain could streamline traditional finance As many analysts are hesitant to use Bitcoin as a direct financial tool, Solomon talked about the substantial potential of blockchain technology, which serves as the foundation of Bitcoin. “The underlying technology is critical, and we are conducting significant research to explore ways it can reduce friction in the financial system,” he said. Last November, the company shared plans to spin off its Bitcoin platform as an independent subsidiary. Mathew McDermott, global head of digital assets at Goldman Sachs, said that the intention behind the proposed plan is to develop and trade blockchain-based financial instruments. The subsidiary is planned to launch within the next 12-18 months, subject to regulatory permission. Stablecoins could extend US dollar’s dominance over Bitcoin The debate around Bitcoin’s impact on the US dollar’s global dominance has also brought stablecoins into the spotlight, which many experts believe could serve as a tool to extend USD’s dominance. Lee Bratcher, the president of the Texas Blockchain Council, said in a recent interview, “If we want to continue US hegemony, we need the dollar to remain the world’s reserve currency.” In order for the US dollar’s global dominance to continue, Bratcher said that stablecoins should be allowed to thrive because they give people from across the world easy access to the fiat currency. The stablecoin market’s capitalization currently stands at over $220.64 billion. Tether (USDT) boasts the largest valuation of more than $138.5 billion. Meanwhile, Circle’s USD Coin (USDC), the second largest stablecoin in the market, has a market cap of approximately $51.51 billion. The US dollar has sustained its value even though Bitcoin continues to grow more popular and its price continues to soar to new peaks. The US Dollar Index (DXY) is at 108.277, and is currently up 0.21% over the past month, according to data from TradingView . Meanwhile, Bitcoin is trading at $102,448.96 after rising more than 8% during the same period. From Zero to Web3 Pro: Your 90-Day Career Launch Plan

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Aptos price prediction for 2025 – 2031: Will APT token hold bullish hopes?

Key takeaways: Our Aptos price prediction anticipates a high of $16.64 by the end of 2025. In 2027, it will range between $29.33 and $35.91, with an average price of $30.18. In 2030, it will range between $89.95 and $109.65, with an average price of $92.60. Aptos has aggressively attracted capital into its ecosystem with its total value locked (TVL) rising above $1 billion. Aptos is a high-performance layer-1 blockchain with a mature ecosystem comprising a variety of decentralized decentralized finance (DeFi) applications. Aptos network continues to build decentralized applications and tools for developers. But how about APT’s performance? How high will it go? Is APT a good investment? Let’s explore these questions in our Cryptopolitan price predictions from 2025 to 2031. Overview Cryptocurrency Aptos Ticker APT Current price $8.36 Market cap $4.78B Trading volume 179.77M Circulating supply 572.46M All-time high $19.90 on Jan 30, 2023 All-time low $3.09 Dec 30, 2022 24-hour high $8.74 24-hour low $8.26 Aptos price prediction: Technical analysis Metric Value Volatility 4.82% 50-day SMA $10.65 200-day SMA $8.80 Sentiment Bearish Fear and Greed Index 75 (Greed) Green days 14/30 (47%) Aptos price analysis At press time on January 23, Aptos traded at $8.36, a 3.07% drop in 24 hours, with its trading volume dropping by 26.01%. The price chart shows that Aptos could be heading for a retest after a daily breakout. Aptos 1-day chart price analysis APT/USD 1- day chart. Source: TradingView At current levels, Aptos is dropping from the month’s high at $10.66. The William Alligator trendlines signal rising volatility, while the relative strength index remains neutral. The MACD histogram indicator signals little price momentum. Aptos 4-hour chart price analysis Aptos/ USD 4-hour chart. TradingView The 4-hour chart, like the daily chart, shows rising volatility while registering little price momentum on the MACD histograms. The price trend on both charts is bearish. Watch the $8.25 level on the chart at the channel’s lower trendline if the drop continues. The cryptocurrency could find resistance near a range of narrow consolidation. Investors should monitor the $9.00 level upon an upside revival. A rally into this area would likely face resistance from an earlier high at the flattening 10-day SMA. Aptos technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 8.84 SELL SMA 5 8.84 SELL SMA 10 9.23 SELL SMA 21 9.28 SELL SMA 50 10.65 SELL SMA 100 10.75 SELL SMA 200 8.80 SELL Daily simple moving average (EMA) Period Value ($) Action EMA 3 8.85 SELL EMA 5 8.93 SELL EMA 10 9.11 SELL EMA 21 9.55 SELL EMA 50 10.33 SELL EMA 100 10.24 SELL EMA 200 9.67 SELL What to expect from APT price analysis next? Our analysis shows a bearish market sentiment, while the Fear and Greed Index shows greed among investors. The charts also show APT continues to register rising volatility. Why is Aptos down? Aptos was bullish in the last quarter of 2024. The wider crypto market shared a similar sentiment despite a correction into 2025. Is Aptos a good investment? APTOS’s design prioritizes scalability, reliability, and upgradeability. It is notable for using the MOVE programming language, developed by Facebook and now META. While the current trend is bearish, predictions paint a different narrative. Will Aptos reach $10? Yes, Aptos rose above $10 this year. The move will come as the market recovers to previous highs. Will Aptos reach $100? Per the Cryptopolitan price prediction, Aptos will reach the $100 mark in 2031. Will Aptos reach $1000? Per the Cryptopolitan price prediction, it remains highly unlikely that Aptos will get to $1000 before 2031. Does Aptos have a good long-term future? According to Cryptopolitan price predictions, Aptos will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Recent news: CEO Mohammad Shaikh resigns Mohammad Shaikh, co-founder and CEO of Aptos Labs, has resigned from the top position to “start a new chapter,” with co-founder and chief technology officer Avery Ching taking over as the CEO. Aptos price prediction January 2025 The Aptos price forecast for January is a maximum price of $9.90 and a minimum price of $9.52. The average price for the month will be $9.79. Month Potential low ($) Potential average ($) Potential high ($) January 9.52 9.79 9.90 Aptos price prediction 2025 For 2025, APT’s price will range between $9.10 and $16.64. The average price for the period will be $14.72. Year Minimum price ($) Average price ($) Maximum price ($) 2025 9.1000 14.72 16.64 APT price prediction 2026 – 2030 Year Potential low ($) Potential average ($) Potential high ($) 2026 20.59 21.18 24.84 2027 29.33 30.18 35.91 2028 44.08 45.59 50.67 2029 64.42 66.24 77.14 2030 89.95 92.60 109.65 2031 131.21 135.84 155.97 Aptos price prediction 2026 The Aptos price prediction estimates it will range between $20.59 and $24.84, with an average price of $21.18. Aptos price prediction 2027 Aptos coin price prediction climbs even higher into 2027. According to the predictions, APT’s price will range between $29.33 and $35.91, with an average price of $30.18. Aptos price prediction 2028 Our analysis indicates a further acceleration in APT’s price. It will trade between $44.08 and $50.67, with an average price of $45.59. Aptos price prediction 2029 According to the Aptos price prediction for 2029, the price of APT will range between $64.42 and $77.14, with an average price of $66.24. APT price prediction 2030 According to the Aptos price prediction for 2030, Aptos will range between $89.95 and $109.65, with an average price of $92.60. Aptos price prediction 2031 The Aptos price prediction for 2031 is a high of $155.97. It will reach a minimum price of $131.21 and an average price of $135.84. Aptos price prediction 2025-2031 APT market price prediction: Analysys APT price forecast Platform 2025 2026 2027 Digitalcoinprice $20.76 $24.38 $33.90 Changelly $14.29 $20.76 $29.88 Gate.io $9.85 $10.49 $12.64 Cryptopolitan’s APT price prediction Our predictions show that APT will achieve a high of $16.64 before the end of 2025. In 2027, it will range between $29.33 and $35.91, with an average of $30.18. In 2030, it will range between $89.95 and $109.65, with an average price of $92.60. Note the predictions are not investment advice. Seek independent professional consultation or do your research. Aptos historic price sentiment Aptos price history Aptos raised seed funding in January 2022, led by a16z. Series A funding included Apollo, Dragonfly, Franklin Templeton, and others. Some members previously worked on the Diem blockchain proposed by Facebook. The Aptos mainnet launched in October 2022 with an initial supply of 1 billion tokens. After the launch hype, Apt fell to its lowest in December 2022, at $3.09. A month later, the tables turned, as it peaked at a time high of $19.90 on January 30, 2023. It pumped partly driven by the NFT market. Collections such as Aptos Monkeys and Aptomingod have attracted more users. On June 6, it fell below its initial listing price and extended the losses in the preceding months. In October, it started correcting, rising as high as $8.47 in November. In 2024, it broke above $10, reaching $18 in March. From April, it reversed, falling below $10. By September, it had fallen as low as $6. It recovered into October, rising above $7.50. It crossed into November trading at the $8.9 mark and rose to as high as $13.91. It corrected and traded at $13.24 into December. It later corrected and crossed into 2025 trading at the $8.71 mark.

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Navigate XRP’s Price Movements and Key Levels

XRP's recent price movements create potential trading opportunities. Key support levels are crucial for maintaining bullish sentiment. Continue Reading: Navigate XRP’s Price Movements and Key Levels The post Navigate XRP’s Price Movements and Key Levels appeared first on COINTURK NEWS .

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Crypto Market Selloff: Reasons Why Bitcoin, ETH, XRP, DOGE, SHIB Are Falling

The crypto market witnessed a selloff as bullish sentiment regarding Donald Trump’s inauguration faded. The global market cap tumbled over 3% to $3.52 trillion , with trading volume tanking 25% over the last 24 hours. The top crypto Bitcoin fell more than 3% to $102K as trading volume declined three-fold today as compared to Trump’s inauguration on Monday. Ethereum price also fell 3%, continuing the weak sentiment seen last week. Meanwhile, XRP, Solana and other top altcoins mainly saw a 2-5% drop in the last 24 hours. Meme coin Dogecoin and Shiba Inu tumbled amid selloff by whales. 4 Reasons Why Bitcoin, Ethereum, and Altcoins Tumbled 1. Market Sentiments and Liquidations Triggered Crypto Market Selloff Coinglass data revealed $250 million in crypto liquidations, with $153 million in liquidations occurring in the last 12 hours. Over 107K traders were liquidated in the past 24 hours, with the largest single liquidation order of BTCUSDT valued at $5.93 million on crypto exchange OKX. BTC, SOL, ETH, DOGE, TRUMP, and XRP saw massive liquidations, which triggered selloff in the broader crypto market. Source: Coinglass The crypto market selloff was triggered as Trump didn’t mention crypto or Bitcoin in his speech, which faded positive sentiment. Also, the industry participants were awaiting an executive order on strategic Bitcoin reserves or crypto policy. However, the US SEC announced the Crypto Task Force led by Commissioner Hester Peirce to develop a clear regulatory framework for crypto assets. Capital inflows into the cryptocurrency market have declined by 63.3%, dropping from $134.65 billion to $43.37 billion since December 10, 2024. This significant decrease suggests a slowdown in market participation and liquidity. pic.twitter.com/C10IX97BkF — Ali (@ali_charts) January 23, 2025 Bank of Japan’s Interest Rate Hike Decision The Bank of Japan expects to raise interest rates this Friday to the highest in 18 years, Bloomberg reported on January 23. A 25 bps rate hike to 0.5% by the BOJ would trigger Yen carry trade unwind, risking global liquidity and risk assets such as BTC. The crypto market can see further selloff as the BOJ rate hike will wipe out optimism around “Trump trade” and meme coins launched by the Trump family. BTC saw sudden drops during the rate hikes by the BOJ last year. US Fed Interest Rate Decision The US Federal Reserve’s monetary policy decision and Jerome Powell’s comments will be the key for markets this year. The recent inflation and strong jobs market data have taken Fed rate cut odds off the table at this FOMC Meeting. CME FedWatch tool indicates there is a 99.5% probability of the Fed keeping interest rate unchanged at 4.25%-4.50% during the January 29 meeting. Meanwhile, the US dollar index (DXY) has again started climbing toward 109, with a 0.22% to 108.38 today. Also, the 10-year Treasury yield stays near 4.6% amid volatility due to the Trump tariff and other policy decisions. Typically, Bitcoin price moves in the opposite direction to DXY and Treasury yield. Crypto Market Selloff: Bitcoin and Ethereum Options Expiry As per Deribit, 29K BTC options of notional value $3 billion are set to expire, with a put-call ratio of 0.48. The max pain point is $99,000, indicating a high of another dropdown below $100K. Volatile price movements are always expected during options expiry. Source: Deribit BTC price currently trading at $102,467, down 3% from the 24-hour high of $105,557. Moreover, 169K ETH options of notional value of almost $0.5 billion are set to expire, with a put-call ratio of 0.47. The max pain point is $3,300, which is higher than the current price of $3,220. Traders must keep an eye on drastic changes in trading volumes for further fall in ETH prices. The post Crypto Market Selloff: Reasons Why Bitcoin, ETH, XRP, DOGE, SHIB Are Falling appeared first on CoinGape .

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