Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines
A crypto analyst has issued a new XRP price prediction, forecasting a potential breakout that could see the prominent cryptocurrency skyrocketing to $4.9. With the formation of a classic bull flag pattern and the 1-Day 50 Moving Average (MA) acting as a bullish catalyst, the analyst is increasingly confident that XRP will reach new All-Time Highs (ATH) in 2025. How The 1-Day 50 MA Will Propel XRP Price To $4.93 The 50-day MA is a technical indicator used to track the average closing price of a cryptocurrency over the last 50 trading days. According to Dr. Dovetail, a TradingView crypto analyst, the 1-day 50 MA, indicated by the orange line in his XRP price chart, has risen to the lower boundary of a bull flag pattern. Related Reading: Weekly Chart Shows That Dogecoin Price Is Primed To Cross $11 In 2025, Here’s How The analyst suggested that XRP’s price action, which has been in a consolidation phase after its big pump, triggered the formation of the classic bull flag pattern. This bullish continuation pattern typically occurs after a strong upward movement, followed by a price correction that leads to consolidation. Historically, when a cryptocurrency consolidates near strong moving averages like the 1-day 50 MA, it indicates the readiness for a price breakout. Looking at his technical chart, the 1-day 50 MA plays a crucial role in Dr. Dovetail’s analysis and bullish XRP price prediction. The analyst believes this Moving Average can push the XRP price out of its consolidation nest to its next bullish target. Based on the confluence of technical patterns and indicators, the dotted ascending line in the analyst’s XRP chart indicates a potential price target of $4.93. Dr. Dovetail extended his forecast, highlighting that XRP could achieve this ambitious all-time high before February 2025. The XRP price chart has also indicated a volume bar showing relatively stable activity during the cryptocurrency’s consolidation phase. Additionally, the Stochastic Relative Strength Index (RSI) at the bottom of the chart suggests that XRP may be oversold, supporting the potential for a breakout. While Dr. Dovetail acknowledged that his predictions were not financial advice, the TradingView analyst expressed confidence that the current technical setup in the XRP chart could push its price to $4.93 this year. This target would represent a 105% surge from XRP’s current market value, underscoring a significant move upward from its consolidation phase. Related Reading: Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For Update On XRP Price Analysis According to data from CoinMarketCap, the XRP price is presently trading at $2.41, marking a noteworthy 8.79% increase over the past week. Delving deeper into its price action and ongoing consolidation phase, XRP experienced a severe downturn after it surged from $0.5 to above $2 in November 2024. Over the past few weeks, the cryptocurrency has struggled with volatility as it aims to reclaim its all-time high of $3.84, attained during the 2021 bull run. Nevertheless, XRP still holds its position as the third-largest cryptocurrency by market capitalization. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin’s hash rate hit a new all-time high on its 16th anniversary, showcasing resilience despite recent market challenges. Mining operations have consolidated, with two major players now controlling most of
Rexas Finance could be the next big crypto opportunity for those who missed out on early Bitcoin, Ethereum, and Solana. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance could be the next big crypto opportunity for those who missed out on early Bitcoin, Ethereum, and Solana. Table of Contents Changing real-world assets with Rexas Finance RXS token performance and presale milestones Conclusion The crypto market has a history of presenting life-changing opportunities. Bitcoin in 2011, Ethereum in 2015, and Solana in 2021 are standout examples of how early investments in innovative projects have delivered immense returns. Missing those waves might feel like a lost chance, but Rexas Finance (RXS) is emerging as a contender that could rival those successes. With a transformative approach to tokenizing real-world assets (RWA) and a presale performance turning heads, Rexas Finance positions itself as the next major opportunity for investors seeking high returns in the fast-evolving market. Changing real-world assets with Rexas Finance Rexas Finance seeks to redefine how investors interact with real-world assets, including real estate, commodities, and collectibles. Through its blockchain-powered tokenization platform, anyone will be able to buy full or fractional ownership of assets globally with just one click. This democratizes access, breaking traditional barriers like high capital requirements and complex transaction processes. For instance, an investor in Asia can own a fraction of a luxury apartment in Europe and earn rental income, all through Rexas Finance’s platform. Beyond real estate, users can tokenize commodities such as gold, oil, or even collectibles like rare art. With the global real estate market valued at over $280 trillion and the commodities market at $121 trillion, Rexas Finance will open up a vast investment frontier, bringing liquidity and accessibility to previously illiquid assets. The platform doesn’t stop at tokenization. The Rexas Token Builder will simplify creating digital token, the Rexas Launchpad will provide a funding avenue for tokenized projects, while tools like the QuickMint Bot and GenAI will streamline token creation. By bridging the gap between real-world assets and blockchain, Rexas Finance aims to reshape asset management, making it modern, efficient, and globally accessible. You might also like: SHIB price forecast for 2025 and alternative to watch for 26,050% returns RXS token performance and presale milestones Rexas Finance’s RXS token presale has already proven its strength. Stages 1 to 10 sold out swiftly, raising $33.125 million. Currently, in Stage 11, the presale price has surged from $0.03 to $0.175 per token — nearly a 6x increase. With total funds raised now exceeding $34 million, investor confidence is undeniable. Rexas Finance prioritizes inclusivity by opting for a public presale instead of seeking venture capital funding, giving everyday investors a chance to participate in this game-changing initiative. The tokenomics reflect strong fundamentals, with a total supply of 1 billion tokens allocated for presale, staking pools, liquidity, and team incentives. Adding to its credibility, RXS is CertiK-audited, ensuring security and reliability. The token has also received listings on CoinMarketCap and CoinGecko. These platforms collectively boast over 100 million monthly visitors, increasing exposure and strengthening community engagement. To boost participation, Rexas Finance is running a $1 million giveaway, with 20 winners each receiving $50,000. Completing tasks and referring friends can increase participants’ chances of winning, making the presale even more enticing. Rexas Finance’s strategic approach positions it as a potential $10+ token, offering over a 150x return from current prices. The growing demand for accessible and diversified asset investments aligns perfectly with the platform’s vision, making it a project with significant upside. Conclusion Missing out on early Bitcoin, Ethereum, or Solana might be a setback, but Rexas Finance offers a compelling chance to make up for it. With its focus on tokenizing real-world assets, a proven presale performance, and cutting-edge tools, Rexas Finance is reshaping the crypto market. Investors have a unique opportunity to join RXS before it becomes the next big name in blockchain-powered asset management. For more information about Rexas Finance, visit their website, Giveaway , Whitepaper , X , or Telegram . Read more: $500 in Solana last cycle became $86000; AI to find the next SOL 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.
Bitcoin menunjukkan momentum kenaikan yang baru setelah pergantian tahun, memunculkan optimisme mengenai potensi lonjakan harga dalam beberapa waktu ke depan. Dengan peningkatan minat terhadap aset unggulan ini, beberapa analis berpendapat bahwa kenaikan ke rekor harga tertinggi baru bisa segera terjadi. Indikator Utama Mengisyaratkan Rally Bitcoin ke Wilayah Tak Terjangkau Di tengah meningkatnya perhatian pasar, Mags, seorang pakar dan trader crypto, telah menganalisis aksi harga Bitcoin dengan memproyeksikan tren bullish untuk aset digital ini. Pakar tersebut memprediksi bahwa BTC berpotensi mencapai level $155.000 dalam beberapa bulan mendatang. Prediksi Mags sejalan dengan tren harga historis serta dinamika pasar saat ini yang mengindikasikan kemungkinan lonjakan besar setelah breakout penting . Perkiraan ini didasarkan pada keyakinan umum bahwa BTC akan mengalami kenaikan signifikan dalam siklus pasar yang sedang berlangsung, sebagaimana terlihat dalam skenario sebelumnya. Selain itu, Mags menyoroti level-level Fibonacci kunci sebagai faktor utama yang berpotensi mendorong Bitcoin menuju target ambisius $155.000. Dengan adopsi institusional yang terus meningkat dan berkurangnya pasokan BTC di bursa crypto, aset unggulan ini mungkin mendapatkan dorongan yang lebih besar untuk pergerakan besar berikutnya, menargetkan level harga baru yang lebih tinggi. Baca juga: Volume Perdagangan Solana Pecahkan Rekor, Stablecoin TVL Lampaui $5 Miliar Setelah lonjakan harga pada hari Rabu, pakar tersebut mencatat bahwa BTC mengalami support di level Fibonacci 1.618. Support ini, bersama dengan konsolidasi saat ini, tampak mirip dengan apa yang terjadi di level 0.618 sebelumnya. Pada rentang tersebut, BTC juga mengalami support dan konsolidasi selama beberapa minggu. Setelah itu, aset crypto ini berhasil breakout dan mengubah level Fibonacci 0.618 menjadi support, menunjukkan ketahanan yang kuat meskipun kondisi pasar melemah. Sebagai hasilnya, analis ini yakin bahwa perkembangan serupa dapat terjadi di level Fibonacci 1.618. Setelah BTC berhasil mengubah level Fibonacci 1.618 menjadi support, Mags percaya bahwa resistensi utama berikutnya berada di sekitar level Fibonacci 2.618, yang mendekati milestone $155.000. Baca Juga: Solana Masuk ke Daftar Top 20 Grayscale Bersanding dengan Bitcoin dan Ethereum Potensi Pertumbuhan Lebih Besar di Depan Seiring Berlanjutnya Bull Market BTC Dengan keyakinan bahwa siklus bullish yang sedang berlangsung masih hidup, Bitcoin berpotensi untuk mengalami lonjakan besar dalam beberapa bulan ke depan. Mags menegaskan bahwa bull run BTC masih jauh dari kata selesai, meskipun terjadi fluktuasi harga dan konsolidasi yang memicu ketidakpastian di kalangan komunitas crypto. Pakar ini mengacu pada performa harga sebelumnya, menunjukkan bahwa BTC masih memiliki ruang untuk tumbuh secara signifikan dalam siklus saat ini. Secara spesifik, Mags merujuk pada tren di mana Bitcoin mengalami konsolidasi selama beberapa minggu sebelum akhirnya breakout menuju puncak pasar. Jika sejarah terulang, pakar ini memperkirakan lonjakan besar dalam beberapa bulan mendatang, mencapai puncak pasar antara $220.000 hingga $300.000 . Prediksi Mags mencerminkan performa BTC yang tangguh selama bull market, mendorong investor untuk tetap fokus pada gambaran besar saat aset crypto ini bersiap menuju lintasan bullish yang kuat. Gambar unggulan dari Unsplash, grafik dari Tradingview.com.
Bitcoin is poised for significant growth as 2025 approaches. Key indicators reflect a bullish trend for Bitcoin. Continue Reading: Assessing Bitcoin’s Growth Potential for 2025: Key Indicators Revealed The post Assessing Bitcoin’s Growth Potential for 2025: Key Indicators Revealed appeared first on COINTURK NEWS .
Victoria, Seychelles, January 3rd, 2025, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, is thrilled to announce the launch of ZEREBROUSDT futures trading with a maximum leverage of 75x, along with support for futures trading bots. Trading commenced on January 2, 2025, at 22:00 (UTC+8). Users can access ZEREBROUSDT futures trading through the official website or the Bitget APP . ZEREBROUSDT futures allow users to trade the underlying asset ZEREBRO, with USDT as the settlement asset. Bitget offers a variety of futures trading products to cater to diverse trading needs: USDT-M Futures: Using USDT for all pairs, allowing multiple currency pairs to share the same account equity, profit, loss, and risks. Coin-M Futures: Directly using cryptocurrency as collateral. USDC-M Futures: Trading with USDC as the settlement asset. With advanced trading tools, high leverage options, and innovative features like futures trading bots, Bitget empowers users to enhance their trading strategies and maximize their potential. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to their Terms of Use . Contact Public Relations Media Bitget media@bitget.com
The Solana Phantom Wallet has dazzled members of its community with a new revelation regarding its much talked about native token. Prior to this time, different influencers on crypto X have been publicizing how the non-custodial wallet had plans to launch a token with a planned airdrop for users. In the new update on X, Phantom Wallet said it has no plans to launch a token. Phantom Wallet Squash Airdrop Plans The non-custodial wallet said the it is thrilled with the enthusiasm of its users regarding the token’s prospects. However, the protocol said rather than focus on its own token, it is rather working to simplify how users share and discover new assets on its platform. It directly addressed the PHNT asset speculation, saying “we do not have any plans to launch a token.” The wallet said it is working on social discovery with a special mission to help many discover and love the crypto industry. We’re thrilled by the enthusiasm for following users on Phantom! It’s a huge step for us toward making crypto more personal and user-friendly. By simplifying how you share and discover with friends, we aim to dramatically improve how users find new tokens and apps. We’ve seen… — Phantom (@phantom) January 3, 2025 This news update has triggered a mixed emotion among users. While some considered the update disappointing, others noted how important the update is to safeguard users from scammers. The update comes shortly after a Trust Wallet and BNB Chain’s crypto wallet security update . Meanwhile, the Solana’s Phantom Wallet did not mention any specific effort regarding its social incentive for the community. Impact on the Solana Ecosystem The broader Solana ecosystem might suffer the brunts of this latest update as a Phantom Wallet. With a new token on Solana, the demand for SOL as liquidity asset and fas fee will soar, setting the coin up for growth. This is even more needed with the ongoing Pump Fun SOL selloff on exchanges like kraken. The memecoin launchpad has continued to sell its generated SOL revenue as the most used memecoin launchpad in the broader industry. Amid these updates and negative ecosystem shifts, the price of SOL has jumped 5.05% in 24 hours to $216.75. This shows the Phantom wallet update has fueled no negative impact for the coin. The post Solana’s Phantom Wallet Sets Record Straight on Airdrop Rumors appeared first on CoinGape .
An altcoin on the frontier of where crypto meets science is coming alive following a new Binance listing. According to Binance, the world’s largest crypto exchange by trading volume just expanded trading services for BIO Protocol ( BIO ). “Fellow Binancians, Binance is excited to announce that BIO Protocol (BIO) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures…” In the hours following the announcement, BIO flew from $0.6738 to its current going price of $0.8382, a 23.5% increase. BIO is an Ethereum ( ETH )-based ERC-20 token. According to the protocol’s website, BIO Protocol aims to “accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP).” The protocol places itself as a financial layer meant to help catalyze talent and financial inflows to decentralized science. It seeks to aid the formation of “bioDAOs” (decentralized autonomous organizations) that will help fund and self-govern scientific IP internationally from researchers, companies, and universities. One essential element of the protocol is decentralized data sharing, allowing researchers to keep IP and data ownership throughout scientific collaboration. BIO Protocol went live on-chain in concurrence with the Binance announcement. 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 Ethereum-Based Decentralized Science Altcoin Leaps to Life in Hours Following Shock Binance Listing appeared first on The Daily Hodl .