The post Dogecoin Following the Bullish Pattern—Here’s When the DOGE Price May Hit a New ATH at $5 appeared first on Coinpedia Fintech News As the Bitcoin price gained strength, the markets also turned bullish. Most cryptos initiated a strong recovery from the latest pullback, which has kept up the momentum of most of the altcoins. While some altcoins experienced a major rise, Dogecoin experienced a minor upswing, but before entering the bullish zone, it faced a significant bearish action. Regardless of the bearish interference, the DOGE price remains primed for a huge upswing as a new ATH at $5 is pre-programmed. Dogecoin gained mainstream attention during the 2021 bull run. Moreover, the bull run started with the DOGE price rally that surged from the consolidation around $0.0045 to as high as $0.7376. A similar rise has been recorded since the start of the last quarter of this year, which is expected to trigger a 2021-like bullish trend. Here’s Why. DOGE price recently moved from a long consolidation in the accumulation phase that lasted from early November to mid-December, followed by a manipulation phase. Historically, a strong distribution is expected to follow, which is expected to push the DOGE price towards a new ATH. A popular analyst, Trader Tardigrade , discovered the similarities between the 2021 bull run and the current price action. The analyst highlighted the crypto repeating the same consolidation phase it underwent in 2021. DOGE price surged heavily in January 2021, followed by a minor consolidation that further resulted in a massive breakout to the ATH. Currently, the price is seeing the same consolidating patterns, suggesting the next price action in January could be the Big Bang month. Many analysts and veterans look forward to a strong bull run in 2025, which may further trigger an altseason. If the Dogecoin (DOGE) price rally repeats the previous pattern, the market participants may expect a new ATH much above the $1 milestone, somewhere close to $4.5 to $5. Once these levels are achieved, it would be very difficult for the bears to drag the levels back below $1 even in times of a strong bear market.
Russia tightens its grip on the crypto industry, instituting comprehensive mining bans across ten regions, effective January 2025 through March 2031. While exploring potential crypto regulations, the government aims to
In the past five days, whales have been withdrawing Chainlink (LINK) from Binance and accumulating it in self-custodied wallets. The withdrawals were sent to newly created wallets, with a list of 30 addresses with whale holdings. Chainlink (LINK) has seen significant withdrawals from Binance, as the funds are sent to a list of 30 newly created wallets. The addresses now hold $34.1M in notional value, or 1.37M LINK. The biggest wallet holds more than 151K LINK, and the smallest withdrawal is for around 5K LINK. The rationale for the recent withdrawals remains unknown, as LINK is both used for speculative trading and as a utility token. LINK can also be staked for a small passive income. Holding LINK in a self-custodied wallet also allows for DeFi interactions. Some of the LINK whale activity may be targeted at buying price dips and making use of the short-term volatility. However, despite the loyal holding, LINK is yet to break out to its previous peak, still retaining the range-bound pattern of the bear market. Other use cases may include new forms of staking, including liquid staking with additional rewards. Some of the free LINK tokens have been deposited to the Stake.Link priority pool. LINK is no stranger to whale activity, and this accumulation is seen as a potential sign for positive price action. LINK has also seen recent whale activity where one closely watched an address used LINK for short-term trades to realize gains of over $200K. The whale, known as pleven.eth , uses LINK for buying the dip and selling higher, making use of the token’s deep liquidity. That whale’s approach is to use decentralized services to flip between LINK and USDT, realizing gains for price swings happening within a day or even hours. The whale activity uses spot trades, while total LINK open interest has diminished from its 2024 peak. Long positions are now above 75%, potentially attackable with a downward price move. LINK continues to trade and consolidate in its higher price range, after briefly getting closer to $30. For now, the asset has not broken above that level, returning to $24.20. LINK is also a bit harder to pump, since only 15% of all trading activity remains on Binance. LINK trades with a slight premium on Bithumb, as its Korean won pair has the equivalent of $25.39. However, not all international traders have a right to trade in South Korea , making this arbitrage more difficult. Chainlink focuses on financial services, cross-chain partnerships Chainlink continues to behave as a utility project, avoiding direct hyping of its token. The platform is ranked at position #6 based on GitHub updates, making it one of the most actively developed projects. In the past months, Chainlink started adding more partnerships to its CCIP cross-chain service. After replacing Ronin’s bridge, Chainlink also took over the bridging of Neiro on Ethereum (NEIRO), as well as ApusCoin (APU). While those memes are relatively minor, they still mark a shift to more use cases for Chainlink. Chainlink still secures more than 53% of DeFi value, or over $36.79B. The oracle provider has partnered with 407 crypto projects, excluding experimental use cases in mainstream financial organizations. LINK is also found in the wallet of the Trump-backed DeFi lending protocol, World Liberty Financial , retaining more than 78K tokens since the initial purchase. The Chainlink platform also built up a cult of long-term loyal holders, which appear to support the token even during drawdowns. For that reason, whale accumulation has been noticed during previous bull markets, potentially signaling a price breakout. In the past few weeks, whales with more than 100K LINK in their wallets also shifted to more active accumulation. Small-scale retail users are selling , changing the token profile of the asset. LINK is 100% unlocked, and any shifts in the supply are happening on the open market. Around 50% of the supply is locked with node operators , limiting the freely available LINK for DEX activities and utility purposes. CCIP now offers cross-chain linking to 13 total blockchains, on track to replace other types of bridges and become a monopolist for cross-chain transfers. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Montenegro’s Constitutional Court rejects Do Kwon’s appeal, reinforcing his extradition amid dual US and Korea claims.
Horizen has made a strong comeback over the past week, hiking by 190.97% and hitting a 32-month high.
On December 25th, the BitVol (Bitcoin Volatility) Index, developed by T3 Index in partnership with LedgerX, experienced a notable increase, reaching a level of 65.36—marking a daily rise of 3.3%.
Lightchain AI is changing blockchain with AI integration, raising $4.2M in its LCAI presale, exciting Solana developers. #sponsoredcontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is changing blockchain with AI integration, raising $4.2M in its LCAI presale, exciting Solana developers. Table of Contents Explanation of Lightchain AI’s integration of AI and blockchain The need for integration of AI and blockchain Benefits of incorporating AI into blockchain systems Lightchain AI’s solution Impression on Solana developers Future plans of Lightchain AI Want to take part in the future of AI and blockchain? Don’t miss Lightchain AI’s presale launch Lightchain AI is changing the blockchain landscape by integrating artificial intelligence, a development that has garnered significant attention from Solana developers. The ongoing presale of its native token, LCAI, has already raised over $4.2 million, reflecting strong investor interest. 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The need for integration of AI and blockchain Integrating AI and blockchain is essential for addressing the growing demand for secure, transparent, and efficient technologies. Blockchain provides a decentralized foundation, ensuring trust and accountability, while AI enhances decision-making and data analysis. Together, they create systems capable of real-time processing and privacy-preserving computations. This synergy enables unique applications across industries, from healthcare to finance. By leveraging blockchain’s transparency and AI’s intelligence, integrated platforms address challenges like scalability, bias, and inefficiency, paving the way for transformative, real-world solutions. Benefits of incorporating AI into blockchain systems These are some of the key benefits of integrating AI and blockchain Enhanced Data Security AI-driven analytics can detect anomalies and potential threats, ensuring robust data protection within blockchain networks. 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By focusing on privacy-preserving mechanisms and community-driven governance, Lightchain AI fosters trust and collaboration within its ecosystem. This unique solution positions the platform as a leader in driving meaningful advancements in decentralized AI and blockchain integration. Impression on Solana developers Lightchain AI has made a strong impression on Solana developers with its innovative approach to integrating artificial intelligence and blockchain. Its focus on scalability, privacy-preserving mechanisms, and decentralized governance aligns with the values of forward-thinking developers, sparking interest in its advanced technology and practical applications. The platform’s ability to address real-world challenges through its unique architecture and utility-driven ecosystem resonates with Solana’s development community. This shared vision for innovation and inclusivity positions Lightchain AI as a promising partner in the blockchain space. 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Bitcoin ( BTC ) has had a remarkable year, recently reaching an all-time high of $108,268. This surge was driven by optimism surrounding a more crypto-friendly stance under President-elect Donald Trump and speculation about the potential Bitcoin strategic reserve. However, the cryptocurrency market remains divided, with investors navigating a mix of bullish institutional interest and bearish macroeconomic signals. These mixed signals have sparked speculation across the market, leaving investors questioning where Bitcoin, the world’s leading cryptocurrency, could head in 2025. Bitcoin seven-day price chart. Source: Finbold As of press time, Bitcoin is trading at $98,015, reflecting a 5% decline over the past week. On a monthly chart, Bitcoin has posted a modest gain of 0.05%, highlighting the market’s persistent volatility. Mixed market signals Institutional players like MARA Holdings (NASDAQ: MARA ) and Riot Platforms have continued to expand their Bitcoin reserves, signaling long-term confidence in the asset. Meanwhile, MicroStrategy (NASDAQ: MSTR ) marked its seventh consecutive week of Bitcoin acquisitions, purchasing 5,262 BTC at an average price of $106,662, an investment of $561 million. Adding to the optimism, billionaire investor Ray Dalio recently described Bitcoin as a hedge against a looming “debt money problem,” further endorsing its potential as a global financial asset alongside gold. Despite these bullish developments, bearish pressures emerged following hawkish statements from the U.S. Federal Reserve after its December 17 decision to cut interest rates by 25 basis points. Fed Chair Jerome Powell’s comments about Bitcoin reserves further dampened market enthusiasm, briefly pushing Bitcoin below the $100,000 mark. The Fed’s forecast of only two rate cuts in 2025, falling short of market expectations for three or four cuts, also raised concerns among investors. Institutional demand vs. miner production The imbalance between institutional demand and Bitcoin’s limited supply is becoming increasingly evident. Over the past week, Bitcoin exchange-traded funds (ETFs) recorded inflows of $423.6 million, equivalent to 4,349 BTC. In contrast, miners produced just 2,250 BTC during the same period. This discrepancy highlights tightening liquidity, with miners struggling to meet growing institutional demand. December alone has seen $5.5 billion in Bitcoin ETF inflows, reinforcing institutional confidence in the cryptocurrency. On the supply side, the squeeze is even more pronounced. Data from CryptoQuant reveals that the total amount of Bitcoin readily available for sale—across exchanges, miners, and over-the-counter desks—has plummeted to 3.397 million BTC, a decline of 678,000 BTC so far this year. This marks the lowest level since October 2020. Compounding the issue, the liquidity inventory ratio, which measures how many months of demand the current sell-side stock can sustain, has dropped dramatically to just 6.6 months, compared to 41 months at the beginning of October, with demand showing no signs of waning. ChatGPT’s Bitcoin price prediction ChatGPT predicts that Bitcoin could climb to $200,000 in 2025, supported by historical trends and current market dynamics. Key drivers of this forecast include increasing institutional adoption, tightening supply following the recent halving, and sustained inflows into Bitcoin ETFs. These factors are expected to fuel long-term demand despite potential market turbulence. ChatGPT outlook on Bitcoin. Source: ChatGPT/Finbold This projection aligns closely with Bitwise, which anticipates Bitcoin surpassing $200,000, and potentially reaching $500,000, tied to the possibility of a federal Bitcoin reserve. Standard Chartered similarly maintains a $200,000 target, highlighting robust institutional interest, while VanEck offers a slightly more conservative estimate of $180,000, warning of heightened volatility throughout the year. Despite differing specifics, the consensus points to a bullish outlook for Bitcoin in 2025, tempered by the likelihood of market swings. Featured image via Shutterstock The post We asked ChatGPT what will be the Bitcoin price in 2025; Here’s what it said appeared first on Finbold .
The cryptocurrency market witnessed significant shifts this week as BlackRock’s Ethereum ETF experienced a surge in inflows, contrasting sharply with Bitcoin ETFs. On Tuesday, BlackRock’s iShares Ethereum Trust ETF attracted