Ripple has been facing a prolonged period of low market activity, leading to sideways movement and minimal volatility near the $3.2 level. However, emerging technical signals suggest that a potential correction may be on the horizon. XRP Analysis By Shayan The Daily Chart XRP has steadily climbed toward the $3.2 resistance, a crucial supply zone that has historically posed challenges for buyers. This level is a major obstacle, requiring strong bullish momentum to be reclaimed. Meanwhile, price action has formed an ascending wedge, a pattern often associated with bearish reversals if the lower boundary is breached. Additionally, a bearish divergence between the price and the RSI indicator suggests that bullish momentum is fading, signaling the possibility of a pullback. If XRP fails to sustain its current levels and breaks below the wedge’s lower boundary, a deeper correction toward the $2.5 support zone could materialize in the mid-term. The 4-Hour Chart Ripple has been consolidating around the $3.2 mark on the lower timeframe, with an initial rejection triggering long-position liquidations. This development cooled down the futures market, allowing for another push toward the resistance. XRP is attempting to reclaim this level for the second time, with buyers aiming for a breakout toward $4. However, the current bullish momentum appears insufficient, increasing the likelihood of a temporary retracement before another attempt at higher prices. If a pullback occurs, the 0.5-0.618 Fibonacci retracement zone will serve as a critical support area where buyers are expected to step in and defend the price in the mid-term. The post Ripple Price Analysis: XRP’s Bullish Momentum Weakens—Correction Ahead? appeared first on CryptoPotato .
A New York-based bank is reportedly facing a new lawsuit after thieves allegedly looted $15.5 million from an account that belonged to a public utility firm. Garden City Park Water and Fire is suing First National Bank of Long Island for gross negligence amid allegations that the lender acted with “reckless disregard” and without the “exercise of even slight care and slight diligence,” reports the New York Post. The public utility firm, which provides potable water, emergency services and fire protection to the Garden City District in New York, says a scammer posing as a company employee emailed the bank in July requesting authorization forms for new international and domestic wire transfers. According to the suit, the thieves sent back the forms with “blatant” forged signatures, and the bank green-lighted the request after “blindly” accepting the fraudulent authorizations. Three days after getting the go signal, the thieves drained 85% of the funds held in Garden City Park Water and Fire’s account in just four hours, moving the money to a number of accounts based in the US, China and Mexico. The thieves made a total of 15 transfers – 10 of which surpassed the bank’s daily transfer limit of $2 million. Garden City Park Water and Fire says First National Bank of Long Island showed “shocking incompetence and negligence” following its compliance with the scammers’ request. In a joint statement, lead counsel Jon Ward and the public utility firm’s co-managing member Sahn Ward Braff Coschignano say that what happened was “every bank customer’s nightmare.” “The District relied on their bank to protect the security and integrity of its deposits, and First National Bank of Long Island failed. Now, we are asking the Court to hold First National Bank of Long Island accountable for its failure.” Meanwhile, First National Bank of Long Island is shifting the blame to Garden City Park Water and Fire. The bank’s attorney, Tanweer Ansari, says an internal investigation revealed that the theft happened because “of unauthorized access to banking information within the customer’s control” and that the lender had taken “reasonable procedures.” Authorities have since recouped $4.4 million of the stolen funds, leaving First National Bank of Long Island accountable for $11.1 million. First National Bank of Long Island merged with ConnectOne Bank in September of 2024 and is now operating under the ConnectOne brand. The bank manages about $14 billion in total assets. 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 Billion-Dollar Bank Allegedly Loses $15,500,000 To Criminals in ‘Shocking’ Display of Incompetence and Negligence: Report appeared first on The Daily Hodl .
Ever since Bitcoin launched, programmers, investors and, dare I say it, Bitcoiners have been looking for the next Bitcoin. While there may never be another, there are new altcoins out there with a similar price trajectory and return on investment (ROI). Rollblock is one, and it has the market excited thanks to the success of its ongoing presale. Rollblock’s about to launch its mainnet and with the bull run in full flow, analysts believe it could be a leader this cycle. Take a look at why it’s so promising, and check our Bitcoin price prediction for the cycle peak, expected in Q4. Want a Fantastic ROI? Take a Look at Rollblock A major bull run is expected in 2025; some say akin to 2017, while others are projecting higher, resembling the thousands of percent ROI crypto investors enjoyed back in 2013. In every cycle, there are a few new altcoins that lead the returns, and this time, many analysts are tipping Rollblock. Now, in stage 10, its presale has taken the market by storm, but what is it about this Gamblefi project that has caught such a big bid so early on? Rollblock boasts everything you’d expect from an online gambling platform: an extensive game selection and a sports betting book to rival any legacy platform. However, because it utilizes blockchain, Rollblock offers transparency and provably fair gaming - a first for the gambling industry. This has the $542 billion industry alerted, but it’s Rollblock’s built-in profit-sharing mechanics that have really caught the market’s attention. Every holder of RBLK tokens receives a share of the platform's revenue, paid automatically into their wallet. And for those who wish to double down on a passive income, there’s an optional staking mechanism that pays a tasty 30% APY. With the presale still ongoing and momentum continuing to build, the platform has now raised over $9.8m, while the token has already given early investors an ROI of 420%. Analysts are now re-evaluating their RBLK price predictions, and the market timing makes it arguably the most exciting crypto since Bitcoin. Bitcoin Price Prediction: You Are Not Bullish Enough Now for the Bitcoin price prediction… No doubt Bitcoin will lead the market. Not in ROI - it’s too big for that - but when Bitcoin goes up, altcoins move faster, and vice versa for going down. The Bitcoin price is up over 140 % since the launch of the ETFs, and this year it is expected to rip much higher. We now have the repeal of the SAB121, so banks are going to get involved, and we certainly believe it’s going way higher. A 300% rise is very likely if we get a blow-off top, and this means a Bitcoin price prediction over $400K. 2025 - The Year of The Bull and a Huge ROI This year has been bullish already, and it’s not expected to peak by Q4. Analysts are divided on the market, but our Bitcoin price prediction is probably neutral to bullish. However, if you want the life-changing ROI, you have to look at new cryptos, and Rollblock ticks all the boxes. Its presale is soon ending, so the time to get RBLK is now, before waiting for the launch and enjoying the bull ride. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
Cardano (ADA), a leading proof-of-stake cryptocurrency, has been undergoing a consolidation phase over the last two months. Market analysts are optimistic about ADA’s price potential, highlighting a possible 40% increase to $1.40 by March 2025. This prediction is based on the symmetrical triangle pattern on ADA price charts, suggesting a breakout and crypto rally. Will Cardano Price Surge 40%? Analysts Predict $1.40 Price Target Analyst Ali Martinez recently analyzed Cardano price movements and shared insights via social media platforms. According to Martinez, the formation of a symmetrical triangle on ADA’s four-hour chart could indicate a strong upward movement. This technical pattern and increasing investor interest suggest a bullish outlook for ADA. Additionally, Cardano (ADA) has shown strong resilience in past market cycles, breaking through key resistance levels and achieving impressive price surges. Its previous rally beyond $2.77 reinforced optimism among traders and investors. Analysts now point to historical trends as a foundation for future price action, suggesting that ADA could replicate similar breakouts. Analyst Javon Marks has supported the bullish predictions, recently highlighting key levels from previous cycles. Notably, $1.33 and $2.50 have been identified as crucial resistance zones that could dictate ADA’s next major move. If the price breaks above these levels with strong volume, it could pave the way for a run toward $5 and $7 beyond. $ADA (Cardano) – $2.7709 $5.296201 $7.821502 By past bull breakout performance, each and every one of these levels can be broken above as another breakout is holding… https://t.co/cX1nCOtnt4 pic.twitter.com/CVe618GnOc — JAVON MARKS (@JavonTM1) February 1, 2025 Moreover, Cardano network has seen significant enhancements with the introduction of the Plomin hardfork. This upgrade is part of the ongoing efforts to achieve 100% decentralization and improve scalability. Such developments enhance the network’s functionality and boost investor confidence in ADA’s future. Increased Investor Confidence The open interest in ADA has witnessed a substantial increase, with $1.31 billion tied up in futures trading. This surge in open interest reflects growing investor confidence in Cardano. The heightened activity indicates that investors are optimistic about Cardano price trajectory heading into 2025, betting on its ability to surpass the $1 price mark amid crypto rally. More so, a recent Coingape report highlighted the Cup & Handle formation , pointing to a potential crypto rally. This bullish pattern suggests that Cardano price could break above key resistance levels, setting the stage for further gains. If the breakout is confirmed, analysts anticipate an initial surge to $1.30, with a possible extension toward $1.796. At press time, ADA is trading at $0.9313, reflecting a 3% decline over the past 24 hours. The market cap has dropped to $32.76 billion, while trading volume sits at $571.8 million. The post Analyst Forecasts Cardano Price Could Hit $1.40 After Consolidation appeared first on CoinGape .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BTC, ETH, and XRP prices dip, traders explore Rollblock, a rising altcoin with growing interest in its gaming utility. Table of Contents Rollblock reshapes crypto gaming with a deflationary token model Bitcoin ETFs see fresh inflows as BTC stabilizes above $102k Ethereum struggles to recover as resistance levels hold strong XRP and Bitcoin debate heats up over digital asset reserves Traders are looking for new possibilities as the prices of Bitcoin (BTC), Ethereum (ETH) , and XRP fall. Many are turning to Rollblock (RBLK), a new altcoin gaining interest, as the XRP price tries to regain momentum and BTC is being sold. With its crypto-based gaming platform, Rollblock offers strong utility and growth potential. As ETH and XRP prices remain volatile, early investors see this new altcoin as a chance to capitalize on a high-growth presale before demand skyrockets. Here’s why! You might also like: DOGE analysts expect further drop, ETH holders continue to support Rollblock Rollblock reshapes crypto gaming with a deflationary token model Rollblock introduces a fresh approach to crypto gaming by combining revenue sharing with a fixed-supply token. Unlike other gaming platforms where inflation weakens token value, Rollblock controls supply by buying back and burning a portion of its RBLK tokens. Each week, the platform reinvests part of its earnings into purchasing RBLK. 60% is destroyed to reduce supply, while the rest rewards users who stake their tokens. This system supports long-term growth and encourages community participation. By staking RBLK, users receive steady rewards and contribute to the platform’s expansion, making Rollblock a unique force in crypto gaming. Bitcoin ETFs see fresh inflows as BTC stabilizes above $102k BTC rebounded to $102,000 after briefly dipping near $100,000, with spot BTC ETFs in the U.S. returning to net inflows. Investors added over $18 million to BTC ETFs, reversing the previous day’s large outflows. Trading activity for BTC ETFs fell by roughly half compared to the previous session. According to market watchers, the Federal Reserve’s interest rate stance might soon exacerbate BTC’s volatility. Ethereum struggles to recover as resistance levels hold strong ETH faced resistance at $3,220 and moved downward. ETH’s price briefly fell below $3,050 before returning but remains under pressure. ETH’s sellers are active near $3,200, preventing a strong rebound. ETH prediction remains below $3,200 on the 100-hourly SMA. A bearish trend line forms at $3,250, adding more resistance. If ETH pushes past $3,270, it could climb toward $3,350 or higher. If the price does not break $3,220, it may drop further. Support exists near $3,050 and $3,020, and a break below could push ETH to $2,950 or lower in the short term. XRP and Bitcoin debate heats up over digital asset reserves Ripple’s CEO called for greater collaboration in crypto among digital assets. He supported a broad-based approach if a government-backed digital reserve is created. A well-known BTC analyst opposed this view, saying XRP lacks neutrality and remains under U.S. oversight, making it unsuitable for global reserves. XRP traded near $3.11 as debates continued between BTC and XRP supporters. Meanwhile, Ripple secured key licenses in the U.S., raising speculation about its future role in national reserves. Some believe XRP could be included, while Bitcoin supporters insist only BTC should have that position. XRP has gained attention due to its expanding use in financial transactions and bank partnerships. Supporters argue that its speed and low fees make it ideal for cross-border payments. Despite resistance from BTC advocates, XRP’s growing adoption suggests it could contribute to the evolving digital financial system. With leading tokens like BTC, ETH, and XRP prices struggling, every savvy investor is playing it safe by investing in Rollblock. With Rollblock also promising the biggest ROI, interested investors should consider joining the presale too! To learn more about Rollblock, visit their website or socials . Read more: Cardano ETF looms but whales shift focus to Rollblock amid market uncertainty Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
As the cryptocurrency market expands, investors are looking for projects that offer innovation, long-term utility, and strong growth potential. Among the top picks for a future-proof portfolio, Lightchain AI, Fantom, and AAVE stand out as leading contenders. With Lightchain AI’s presale price at $0.005625 per token and over $14.2 million raised, this AI-powered blockchain project is gaining attention as a must-buy asset for investors seeking long-term value and exponential growth potential. Fantom – Speed and Efficiency for dApps Fantom is doing well as a fast Layer 1 chain, made for quick and cheap apps. Using its Lachesis way to agree, Fantom gets nearly instant results making it a great place for DeFi, NFTs and game apps. One of Fantom’s big points is its Ether Virtual͏ Machine (EVM) match, let developers move apps from Ether easy. But, fight from other Layer one blocks stays a test, making it key for Fantom to keep developer interest and growth of the ecosystem. Fantom gives great quickness and room to grow but Lightchain AI's mix of smart tech and blockchain offers a special, new kind of worth that draws in both companies and single buyers. AAVE – Leader in DeFi Lending AAVE continues to dominate the DeFi space, offering a decentralized lending and borrowing platform across multiple blockchain networks, including Ethereum, Polygon, and Avalanche. Users can supply their crypto assets to liquidity pools, earning passive interest, or borrow digital assets by providing collateral. The AAVE token powers the governance system, allowing community-driven decision-making on protocol upgrades. By January 2025, AAVE operates across 12 blockchain networks, reinforcing its commitment to expanding financial accessibility. The introduction of GHO, an overcollateralized stablecoin native to AAVE, further enhances its DeFi ecosystem, solidifying AAVE’s position as a key player in decentralized finance. Lightchain AI – Future of Blockchain and AI Integration Lightchain AI is leading the charge in blockchain innovation, blending AI and decentralized technology to address real-world challenges across multiple industries. At its presale price of $0.005625 , a $200 investment secures approximately 35,556 LCAI tokens, offering a compelling entry point for long-term investors. What differentiates Lightchain AI from other blockchain projects is its AI-powered infrastructure, enabling applications in predictive analytics, automated decision-making, and secure data management. Additionally, its energy-efficient model ensures sustainability, making it a green blockchain alternative for environmentally-conscious investors. Beyond financial applications, Lightchain AI’s scalability extends into industries like healthcare, logistics, and finance, ensuring widespread adoption and long-term relevance. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol
As the crypto market broadens, investors are on the lookout for ventures that bring innovation, lasting utility, and robust growth prospects. Lightchain AI, Fantom, and AAVE emerge as standout options for a portfolio geared toward the future. With Lightchain AI’s presale price at $0.005625 per token and over $14.2 million raised, this AI-powered blockchain project is gaining attention as a must-buy asset for investors seeking long-term value and exponential growth potential. Fantom – Swift and Effective for dApps Fantom is excelling as a speedy Layer 1 chain, crafted to support fast and cost-effective applications. Thanks to its Lachesis consensus mechanism, Fantom achieves almost instant transactions, positioning it as an ideal platform for DeFi, NFTs, and gaming applications. A major advantage of Fantom is its compatibility with the Ethereum Virtual Machine (EVM), allowing developers to easily transition applications from Ethereum. However, competition from other Layer 1 blockchains remains a challenge, emphasizing the importance of maintaining developer interest and ecosystem growth. Fantom offers impressive speed and scalability, but Lightchain AI's combination of intelligent technology and blockchain presents a unique value proposition that appeals to both enterprises and individual investors. AAVE – A DeFi Lending Powerhouse AAVE continues to lead in the DeFi arena, providing a decentralized platform for lending and borrowing across various blockchain networks such as Ethereum, Polygon, and Avalanche. Users have the opportunity to contribute their crypto assets to liquidity pools, earning passive returns, or borrow digital assets by securing collateral. The AAVE token is central to the governance system, enabling community-driven decisions on protocol enhancements. By January 2025, AAVE operates on 12 blockchain networks, underscoring its dedication to broadening financial accessibility. The launch of GHO, an overcollateralized stablecoin native to AAVE, further enriches its DeFi ecosystem, cementing AAVE's status as a pivotal player in decentralized finance. Lightchain AI – Pioneering Blockchain and AI Fusion Lightchain AI is at the forefront of blockchain innovation, integrating AI with decentralized technology to solve real-world problems across diverse sectors. At its presale price of $0.005625 , investing $200 secures roughly 35,556 LCAI tokens, presenting a compelling opportunity for long-term investors. What sets Lightchain AI apart from other blockchain projects is its AI-enhanced infrastructure, which supports applications in predictive analytics, automated decision-making, and secure data handling. Furthermore, its energy-efficient model ensures sustainability, making it an environmentally-friendly blockchain choice for eco-conscious investors. Besides financial applications, Lightchain AI’s scalability extends into sectors such as healthcare, logistics, and finance, ensuring broad adoption and lasting significance. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol
Bitcoin dominance continued to rise amid anticipation of an altcoin season at the start of the year. The crypto market has faced harsh headwinds in the last two weeks, reshaping whale holdings and asset dominance. This stems from a flurry of macro factors as global politics intensify crippling digital assets. Overall, the wider crypto market cap is above $3.5 trillion following Bitcoin’s recovery. BTC Price Outpaces Altcoins On-chain data shows Bitcoin dominance stands at 58% and is projected to hit 60% after trades in the last two weeks. The dominance index points to a 15% decline in most altcoins compared to the market leader. Bitcoin has risen by 55% in the last three years compared to several altcoins. This gain comes despite anticipated fund transfer to other assets after Trump’s inauguration. Last year, most crypto users projected an altcoin season with historical data. After a sharp increase in BTC price, altcoins tend to perform better once Bitcoin hits a cycle peak. Shaky trades and more investor appetite in BTC have spiked its dominance while altcoins struggle. Ethereum, an asset projected to ignite the season, continued a sideways pattern for the last two to three quarters, even after the approval of spot Ethereum ETFs. ETH price trades at $3,219, dropping below the $3.5K after bulls anticipated a run to $5K. This was heightened by XRP’s stellar climb above $3 with billions in its market cap. Notably, Solana and Cardano also made significant gains last quarter with a similar rise in decentralized finance (DeFi) trading volumes. “… Many experts, including myself, predicted that January 2025 would mark the official start of the altcoin season, especially after #Trump inauguration. But now, as the month comes to a close, we still haven’t seen any significant movement… Over the past two years, Bitcoin has surged by more than 500%, yet Ethereum hasn’t even surpassed its previous ATH. And historically, Ethereum leads the altcoin season,” mrgibenny wrote on X. Institutional Traders Back Bitcoin Among the factors behind the BTC price surge, large-scale market players top the list. Following the approval of spot Bitcoin ETFs , the asset’s pitch has maintained an upward momentum. Tapping $73K in Q1 2024, it broke $93K after Donald Trump’s election win in November and eventually crossed $107K before the recent corrections. The inflow of funds and confidence in clearer regulations in the country led to more investors backing the market leader above other assets. Moves to pass a Strategic Bitcoin Reserve Bill in Congress and similar efforts in states result in a higher Bitcoin dominance.
The recent Arctic blast has significantly impacted Bitcoin mining profitability in the U.S., leading to the first downward adjustment in mining difficulty since September 2024. Bitcoin mining operations have faced
The missed deadline highlights the need for transparency and accountability in managing seized digital assets, impacting future policy decisions. The post US Marshals missed deadline for report on Silk Road Bitcoin to Senator Lummis appeared first on Crypto Briefing .