While Bitcoin (BTC) and altcoins have been experiencing high volatility in recent days, a big move came from British banking giant Standard Chartered. In response to increased customer demand following the MiCA law that came into force in the European Union with the new year, Standard Chartered announced that it will offer cryptocurrency services in the EU. Accordingly, Standard Chartered said it has established a new legal entity in Luxembourg to provide cryptocurrency and digital asset custody services and has entered the EU market. Laurent Marochini, former head of innovation at French financial giant Société Générale, will serve as CEO of Standard Chartered's Luxembourg unit. Standard Chartered’s cryptocurrency offering in the EU will initially be limited to Bitcoin, but the bank’s Head of Digital Assets Waqar Chaudry said more cryptocurrencies such as Ethereum (ETH) will be added by late 2025. It was also stated that Standard Chartered's cryptocurrency service in the EU will only include crypto custody, or the custody and safekeeping of digital assets on behalf of their owners. *This is not investment advice. Continue Reading: A New Move Comes from Standard Chartered, Which Expects $200,000 in Bitcoin!
According to recent data from Coinglass, Bitcoin is poised at a critical juncture as it approaches the $97,000 mark. A breakthrough beyond this threshold could trigger a staggering $290 million
The post From $0.48 to $5.35: Can Sui Price Maintain Its Meteoric Rise? appeared first on Coinpedia Fintech News While the cryptocurrency market struggles to regain momentum, the Sui price has recorded a remarkable price action over the past few days. Reportedly, this project has jumped 20% in 10 days, resulting in it outperforming top altcoins such as Ethereum, Solana, Ripple, Cardano, and Dogecoin. With a constant uptrend in its rising channel pattern in the daily time frame, will Sui attempt to achieve a new all-time high this weekend? In this article, CoinPedia’s expert panel answers questions like “How high will SUI price go?” and “Is it a good time to invest in Sui crypto?” SUI Coin Price Records Increased Bullish Action! The SUI crypto token has defied all the odds by maintaining its bullish action over the past week. The Sui price has formed a rising channel pattern and has continued trading within it since the beginning of November 2024. TradingView: SUI/USDT Furthermore, this Layer-1 project has achieved vital milestones. Notably, this project has crossed the $2 billion mark in terms of Total Value Locked (TVL). moreover, with 69.75% of tokens or 6.98 billion SUI tokens locked, this altcoin is still considered to be highly undervalued. Sui Technical Sentiments The Relative Strength Index (RSI) continues hovering above the neutral point in the daily time frame. Moreover, its average trendline constantly supports the price trend. This suggests a positive outlook for the Sui coin price in the coming time. On the other hand, the SMA indicator is on the verge of experiencing a bearish convergence in the Sui price chart. This suggests a mixed price sentiment for the 12th largest cryptocurrency by market cap. Will SUI Price Hit $6.60 This January 2025? Suppose, the Sui coin price continues its upward trend. In that situation, this altcoin could retest its ATH of $5.35. Maintaining the price above that level could set the stage for this altcoin to test its upper price target of $6.60. On the contrary, if a trend reversal occurs, the SUI crypto could plunge below its important support level of $4.75 and retest its support trendline of the rising channel pattern. Furthermore, if the bearish sentiment intensifies, this could pull the price of Sui token toward its $4.50 mark. To find answers to questions like “Does Sui Crypto have a future?” Read CoinPedia’s Sui Price Prediction 2025 – 2030 and up until 2050! FAQs Is Sui Coin a good investment? With a 910% return from its August 2024 low, this altcoin is constantly under the radar of top institutes and investors. This makes it a potential pick for long-term investment. Can Sui reach $100? For the Sui coin price to achieve this price target, it will require a surge of 1,932% in its present valuation. What is the Sui price? With a 24-hour trading volume of $2.03 billion, this altcoin is exchanging hands at $4.9202.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover how a new presale dominates the crypto market with a 600% price surge. Meanwhile, Cardano and Solana show some price dips. Table of Contents DTX Exchange seen as a rising star amid 600% price increase Dan Gambardello: The ADA price could surge soon Solana sees a price dip, market analyst remains bullish What gives DTX Exchange an advantage over ADA and Solana? The current crypto market turmoil has been hard, even for established tokens like Cardano (ADA) and Solana (SOL). Although they are now seeing price dips, market analysts like Andrew Crypto and Dan Gambardello have made some bold price predictions for them. While these top crypto coins face resistance, another token called DTX Exchange (DTX) seems to be gaining popularity. This is because it has already given early buyers a 600% return. Since its presale is now in phase seven, this percentage will continue rising. Many experts hint it could skyrocket by another 1,000% in 2025 – making DTX one of the altcoins to watch. DTX Exchange seen as a rising star amid 600% price increase As Cardano and Solana show some red price charts, DTX Exchange is making a name for itself. This project is now seen as one of the hottest presales. Notably, DTX Exchange has raised over $11m and may reach $20m before this week ends. Also, its native token, DTX, has already soared by 600%, and more spikes are coming. People all over the globe are interested in DTX Exchange, as it could redefine online trading forever. It recently launched its hybrid trading platform, which lets traders access over 120k asset classes like FX, bonds, and crypto coins in one place at up to 1000x leverage. In other words, just a $100 investment in these assets can open up liquidity of up to $100k. Interest is high, with over 300k users onboarded so far. Even CoinMarketCap listed the DTX token, which could open the doors for millions of new eyes to be set on it. This altcoin is very beneficial for holders as it will give them governance voting rights and a percentage of the trading fee revenue generated by the DTX Exchange. It now costs just $0.14, but phase eight will bring a jump to $0.16. Plus, a Tier-1 CEX listing is expected to bring its value to $0.20, potentially making DTX one of the best cryptos for fast returns. You might also like: PEPE, SHIB trigger meme frenzy while DTX Exchange eyes 1,000% ROI potential Dan Gambardello: The ADA price could surge soon Cardano is one of the top 10 altcoins but has recently seen some red price charts. On the one-month chart, its value fell nearly 10%, per CoinMarketCap. The Cardano price moved from $1 to around $0.90 at that time. Nevertheless, crypto analyst Dan Gambardello remains bullish for Cardano. According to his recent X post, this altcoin is seeing one of the most bullish weekly pattern setups. He remains very bullish, with a $7 price target in his long-term Cardano price prediction. Although the Cardano coin could see a price increase soon, its high market cap of $32b may hinder its growth. In other words, ADA will need a lot of new money for its price to see any noteworthy gains. Thus, many investors are turning to DTX instead. Solana sees a price dip, market analyst remains bullish Solana is another crypto coin that has experienced some turbulence. CoinMarketCap shows that the price of Solana dropped from around $200 to nearly $190 in the past week alone, nearly a 10% dip in just a few short days. But, the crypto community is still excited about Solana thanks to some bullish statements from market analysts. For example, Andrew Crypto thinks this crypto coin could surge to $400 soon. This Solana price prediction has turned some heads. However, some experts have mentioned that DTX has some advantages over SOL. For instance, the SOL blockchain showcased 65K TPS, but the DTX VulcanX blockchain reached 100k during its testnet run. What gives DTX Exchange an advantage over ADA and Solana? Cardano and Solana remain important in the crypto market, but their recent price dips show that people should diversify their portfolios. DTX Exchange, a platform combining smart solutions, explosive growth potential, and an evident path toward market disruption, is another option available. This project is strategically positioning itself to capitalize on the growth of the online trading market, which Statista predicts could be worth $13.3b in 2026. Its smaller market cap means that DTX will need less money for its price to surge. Therefore, market analysts hint at a 1,000% price spike possibly coming in 2025 for this crypto coin. For more information, visit the DTX Exchange presale website and join the online community . Read more: DTX Exchange sells like wildfire after launching ETF trading; Solana price rangebound 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.
On January 10th, COINOTAG News reported a significant development in the cryptocurrency market. According to LookIntoChain analytics, a previously inactive wallet that had lain dormant for six years has suddenly
US Bitcoin miner CleanSpark has achieved a significant milestone, surpassing 10,000 BTC in its treasury, reflecting a remarkable 236% year-over-year growth. In 2024, CleanSpark produced a total of 7,024 BTC,
Market dips and shakeouts, although psychologically intimidating, offer excellent opportunities to acquire cryptocurrencies at discounted prices. During these periods, well-known cryptocurrencies like Cardano and Dogecoin are holding up relatively well, alongside the lesser-known presale utility gem, Remittix. Remittix is gaining attention with its innovative solution for cross-border payments and user-friendly interface, positioning itself to disrupt a $180 trillion market. Continue reading to explore Remittix’s potential for 50-100x growth in this cycle. Dogecoin Poised To Enter The Top 5 This Cycle Despite a wider market dip, Dogecoin has remained the same this week, fueled by significant whale activity, including a massive purchase of 1.08 billion DOGE worth $413 million. This whale accumulation, combined with transfers to private wallets, has eased selling pressure for Dogecoin and is contributing to its ongoing bullish momentum. This underscores Dogecoin’s potential to reach the top 5 once again, with Dogecoin demonstrating fortitude during a tumultuous time in the market. Adding to the excitement, speculation is mounting around Elon Musk possibly integrating Dogecoin into his “X Money” payments platform. Though Dogecoin is down over 20% this month, Dogecoin is positioned to reclaim its all-time high as memes make a comeback and new money enters the market at increasing rates. Several Bullish Catalysts Bode In Cardano’s Favour Cardano is gearing up for a strong 2025, with recent whale activity driving a 15% price rally over 7 days and over $58 million in ADA purchases. If Cardano manages to break the $1 resistance zone, some bulls purport that Cardano could potentially reach as far as $7 by the end of the year, fueled by rising investor sentiment and Cardano’s rising network growth. Several other catalysts strengthen Cardano’s outlook as altcoin season looms. The incoming pro-crypto Trump administration, with Charles Hoskinson potentially advising, will add credibility to Cardano’s ecosystem. Innovations like the Chang Hard Fork and the Lace wallet enhance decentralization and accessibility, while the move toward becoming a Bitcoin Layer-2 chain is set to expand Cardano’s use cases. Based on this, Cardano could become a top 3 layer-1 in Q2-Q4 2025. Explore Remittix’s 50-100x Potential Remittix is revolutionizing global money transfers by integrating blockchain technology with fiat transactions. This allows users to send funds in over 40 cryptocurrencies, including Bitcoin, Cardano, and Dogecoin, which are instantly converted into fiat currencies like USD and EUR. This seamless process eliminates delays and intermediaries, offering a faster and more reliable alternative to traditional systems like SWIFT. The platform’s user-friendly design simplifies the remittance process, making it accessible even to those without technical expertise or knowledge of cryptocurrencies. This accessibility, along with its speed and cost-effectiveness, positions Remittix as the premier solution in the evolving landscape of global payments. For businesses, Remittix provides a streamlined solution for managing international payroll. Payments made to employees, freelancers, and contractors are automatically converted into fiat and deposited directly into their bank accounts, reducing costs and eliminating inefficiencies. This feature is particularly beneficial for companies operating across multiple regions, as it minimizes delays and resolves exchange rate discrepancies. Transparency and security are fundamental to Remittix’s operations. The platform has undergone rigorous audits by Solidproof and BlockSAFU, ensuring its infrastructure is secure and reliable. Additionally, its liquidity pool and team tokens are locked for three years, mitigating the risks of sudden sell-offs that often cause other low-cap cryptocurrencies to plummet overnight. Currently priced at $0.0193 during its presale phase, Remittix is emerging as a leading contender in the cross-border payments sector, attracting investors seeking a potential 50-100x return during a peak bull run. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials: https://linktr.ee/remittix
Synthetix has announced a strategic retreat from its Arbitrum market, shifting focus to Coinbase’s Base network as part of a major operational overhaul. This transition underscores Synthetix’s commitment to consolidating
The post Is Cardano’s 2025 Start a Fluke? XRP and Altcoin Market Trends Explained appeared first on Coinpedia Fintech News While Bitcoin tends to dominate market movements , altcoins like XRP and Cardano have also shown signs of life, especially during Bitcoin’s recent upward surge. Early this year, Cardano made a notable jump, rising by 32% within the first six days. However, it then experienced a drop in line with the broader crypto market correction. Brian Q. from Santiment appeared on the Thinking Crypto podcast and opened up about the altcoin trends. Decreased Network Activity for Altcoins One concerning trend across many altcoins, including Cardano, is the drop in network activity since early December. Transaction volume has decreased, meaning less investor excitement and institutional involvement. Though this doesn’t necessarily mean the end of the bull run, it does suggest that the initial rush of enthusiasm has faded for now. Unique Coin Circulation Shows Promise Despite the drop in network activity, Cardano and some other altcoins still show healthy signs of unique coin circulation. This could mean that a large number of distinct coins are being actively moved, which is a positive signal for the market. Short-Term Bounce, Long-Term Caution In the short term, there may be a bounce if Bitcoin stabilizes, as altcoins like Cardano could see some upside. However, the long-term outlook remains uncertain. Many altcoins, including Cardano and XRP, have had massive runs over the past year. This could mean some regression is likely, especially if Bitcoin’s price remains flat in the coming weeks. The Need for Caution While Cardano has had a successful start to 2025, it’s important to keep an eye on the broader trend. The market has seen strong performance across various altcoins, but it’s crucial to remain cautious in the long term. If Bitcoin doesn’t experience a significant rally to $150,000, altcoins may face some downward pressure as they cool off from their recent highs.
On January 10th, an analysis from CoinDesk’s Omkar Godbole suggested that the current Bitcoin (BTC) market resembles an iceberg, where visible signs indicate a prevailing bearish sentiment alongside significant selling