The post El Salvador Adds $1M Worth of Bitcoin to Its Reserve appeared first on Coinpedia Fintech News El Salvador has added 11 Bitcoins worth $1.07 million to its Strategic Bitcoin Reserve, increasing its total to 5,980 BTC. The purchase, made at 8:07 AM UTC+8, aligns with the nation’s strategy to leverage cryptocurrency for economic growth and financial inclusion. While supporters view Bitcoin as a hedge against inflation, critics highlight its volatility. Despite differing opinions, El Salvador remains committed to its Bitcoin reserve strategy, signaling confidence in the asset’s long-term potential and aiming to strengthen its global position in the cryptocurrency market.
The post Grayscale Launches SUI Trust with $12.88M AUM appeared first on Coinpedia Fintech News Grayscale has introduced the Grayscale SUI Trust, offering qualified investors exposure to SUI through securities. As of December 18, the trust reported a net asset value of $65.52 per share, with assets under management totaling $12.88 million. This new fund marks another step in Grayscale’s efforts to expand its portfolio and provide diverse investment opportunities in crypto. This provides investors with an easy way to tap into SUI’s 500% growth this year. Market analysts are also waiting if this move can stabilize SUI price fluctuations.
A crypto analyst says we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
The post World Liberty Finance Adds $2.5M in Ethereum Holdings appeared first on Coinpedia Fintech News World Liberty, the Trump family’s crypto initiative, has bolstered its Ethereum reserves with a recent $2.5 million purchase. Arkham said the project acquired 722.213 ETH through Cow Protocol on December 20 at 6:54 UTC+8. This addition brings World Liberty’s total ETH holdings to 15,595 ETH, currently valued at around $53.61 million. The move highlights the project’s growing focus on Ethereum as part of its broader crypto strategy once Trump takes charge in January. Trump’s focus on ETH will hopefully give the coin a new boost and adoption.
Cryptocurrency will surge ahead in a multi-year bull market, defying Fed-induced volatility as institutional adoption, blockchain innovation, and ETF flows drive unstoppable momentum. Multi-Year Crypto Boom: The Forces Driving Unstoppable Growth Matt Hougan, chief investment officer at Bitwise Asset Management, reinforced his optimistic view on cryptocurrency’s long-term trajectory despite a sharp market downturn following the
As the cryptocurrency market faces a significant price correction—led by Bitcoin (BTC) and Ethereum (ETH), which have retraced 2.2% and 4.6% respectively—the XRP price shows early signs of a potential explosive surge. Currently trading at $2.21, the XRP price has recorded a nearly 5% gain in the past 24 hours, finding strong support just below its current price. This positions the token favorably for continued upward momentum, particularly since it began an upward trend on November 5, bolstered by President-elect Donald Trump’s re-election. $10.82 Target For The XRP Price Following Historical Patterns Interestingly, analysts are increasingly optimistic about the XRP price, especially considering a key technical indicator: the Bollinger Bands. This volatility indicator, which consists of a moving average and upper and lower bands, is currently tightening on the 12-hour chart. Related Reading: Ethereum To Outpace Solana In 2025, Bitwise CIO Asserts Analyst Steph has noted that the last time the Bollinger Bands exhibited such a pattern, the XRP price experienced a staggering 490% price explosion. If history repeats itself, this could propel XRP to a new all-time high of $10.82, significantly surpassing its previous record of $3.40 set in January 2018, according to the analyst. Adding to the bullish sentiment, another analyst known as Javon on X (formerly Twitter) has pointed out that XRP’s last full bull cycle saw an increase of over 600%. The analyst suggests that if the XRP price performs similarly, it could rise dramatically, potentially exceeding 6,800% to reach approximately $168. This projection hinges on the price moving above the 2.414 Fibonacci Extension level, which was valued at $3,06 during the previous cycle. However, some analysts are adopting a more conservative outlook. Key Levels At $2.42 And $2.92 In Focus DarkDefender has noted a clear break on the daily chart, predicting that the XRP price could retest the $2.42 level before breaking through $2.92. Should it surpass this threshold, targets of $3.43 and $5.85 could be in sight. DarkDefender had recently targeted $2.72, which the XRP price had successfully bounced back from, reaffirming the validity of his analysis. Related Reading: 400 Billion Shiba Inu Moved: Is A SHIB Price Crash Coming? Despite differing views on the potential extent of the surge, consensus among analysts is that the XRP price is likely to reach a new all-time high in the coming months. This optimism is further strengthened by the possibility of regulatory changes under the incoming Trump administration. The President-elect has promised a new regulatory framework for digital assets in the United States, which could pave the way for resolving the prolonged legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) which previously stifled the XRP price, leading to a lengthy period of consolidation. Featured image from DALL-E, chart from TradingView.com
The Dogecoin price has been stuck in a state of correction and consolidation since the first week of December after a crazy multi-week rally that saw it peaking just below the $0.48 price level. Recent price action in the past 24 hours and seven days has been riddled by declines, with the RSI indicator reflecting a corresponding drop. Crypto analyst Master Kenobi recently drew attention to this notable development in Dogecoin’s Relative Strength Index (RSI), highlighting its earlier break above 90% and comparing the current bull market with the patterns observed during DOGE’s 2021 rally. DOGE RSI Mirrors That Of The 2021 Bull Market Master Kenobi’s recent update on X outlines a striking similarity between Dogecoin’s RSI levels during the current cycle and those observed in the early stages of the 2021 bull market. In both instances, the RSI reached 90, which is far above the 70 threshold of overbought conditions. Particularly, the RSI indicator shows that the Dogecoin price reached overbought condition in November 2024 but continued to climb until early December. Interestingly, the 2021 rally’s peak was followed by a significant cooldown, with the RSI dropping to 43% and the Dogecoin price plummeting by 55% over a 25-day period. Furthermore, Kenobi highlighted the RSI’s oscillation between two key lines at the 90 and 40 readings during the 2021 Dogecoin rally, which is a pattern that could repeat itself in the current bull market. This time around, while the RSI has followed a similar trajectory of reversing after hitting 90 overbought condition, the price movement has been noticeably less severe . Over the 35 days since the RSI’s peak, the Dogecoin price has experienced a lesser 28% decline, which suggests it is now more stabilized than it was in the previous bull cycle. What To Expect For Dogecoin Price?—Key Dates To Watch As it stands, the Dogecoin RSI is currently around 43 and looks like it is going to decline further to 40. While the 2021 pattern doesn’t predict what will happen next, we can have an idea of what could play out next. If the pattern were to repeat itself, we could see the RSI rebounding towards the 90 reading at least two more times this cycle. In an earlier analysis, Master Kenobi pointed out a narrowing timeframe between key RSI peaks across Dogecoin’s market cycles. From 260 days in the first cycle to 240 days in the second, and now 225 days in the ongoing cycle. Furthermore, the RSI consistently halts at similar levels, which showcases a degree of predictability in its behavior. Kenobi also emphasized that DOGE appears to be slightly ahead of historical trends , and the RSI is holding above its moving average. This suggests that the current bull cycle may still have room for growth, especially as the industry moves into a more crypto-favorable landscape in the US and other countries. Looking ahead, crypto analyst Master Kenobi highlights January 2, which stands out as a pivotal date to watch for Dogecoin. At the time of writing, the Dogecoin price is trading at $0.362 and is down by 5% and 13.3% in the past 24 hours and seven days, respectively.
Cryptocurrency offers a wide range of options, tailored to different interests and needs within the digital asset space. Whether you’re drawn to fun, community-driven projects like Chill Guy (CHILLGUY) or groundbreaking innovations like Lightchain AI ($LCAI) , there’s something for everyone. Speaking of innovation, the Lightchain AI Presale is now live, offering an exciting opportunity to invest early in a token that combines blockchain and artificial intelligence to tackle complex challenges. Both CHILLGUY and $LCAI showcase the diverse possibilities of blockchain technology, each with unique goals and roles in the ecosystem. Let’s explore how these two tokens compare, from their objectives and utility to their potential market impact. Understanding the Projects What Is Chill Guy (CHILLGUY)? Chill Guy is a meme-based cryptocurrency designed for fun, engagement, and a sense of community. With its roots in humor and relatability, CHILLGUY appeals to investors looking for entertainment rather than utility. What Is Lightchain AI ($LCAI)? Lightchain AI is a next-generation blockchain project leveraging artificial intelligence to solve complex industry challenges. It integrates advanced features like Proof of Intelligence (PoI) and the Artificial Intelligence Virtual Machine (AIVM) to redefine blockchain utility. Key Features and Strengths Chill Guy (CHILLGUY): Focus on Fun Community-Driven: Relies on active participation and viral campaigns. Accessibility: A beginner-friendly entry point into the crypto world. Entertainment Value: Prioritizes enjoyment over serious applications. Lightchain AI ($LCAI): Powered by Innovation Proof of Intelligence (PoI): A consensus model rewarding AI-driven contributions. Artificial Intelligence Virtual Machine (AIVM): Enables AI-specific tasks for industries like healthcare and logistics. Sustainability: Designed to minimize energy use and promote eco-friendliness. Comparative Analysis Community Engagement CHILLGUY: Builds a loyal following through humor and memes. $LCAI: Balances community participation with a focus on technological progress. Technological Innovation CHILLGUY: Minimal innovation, focusing on social appeal. $LCAI: Introduces groundbreaking AI integration into blockchain systems. Market Stability CHILLGUY: High volatility driven by hype and trends. $LCAI: Stability backed by practical applications and utility. Environmental Impact CHILLGUY: No mechanisms for sustainability. $LCAI: Energy-efficient operations aligned with global sustainability goals. Investor Appeal Why Choose CHILLGUY? You enjoy the fun and camaraderie of a community-driven coin. You’re comfortable with high-risk, high-reward investments. You want a low-stakes introduction to cryptocurrency. Why Choose $LCAI? You value technological breakthroughs with real-world use cases. You’re seeking a long-term investment with stable growth potential. You support projects that focus on sustainability and ethical practices. Future Prospects CHILLGUY’s Vision Expand its community through partnerships and social media campaigns. Potentially introduce new features to evolve beyond its meme origins. $LCAI’s Roadmap Broaden its ecosystem to include more industries and use cases. Strengthen AI capabilities for emerging challenges. Grow its community through strategic collaborations and governance. How Lightchain Can Deliver ROI for 2025 Investors Forecasting the future of cryptocurrency is often challenging, but Lightchain presents compelling opportunities that investors should closely monitor: Accelerated Adoption : By integrating blockchain with artificial intelligence, Lightchain positions itself at the intersection of two rapidly growing industries. Strategic Collaborations : Planned partnerships with leading technology companies aim to enhance liquidity and expand the utility of the $LCAI token. Practical Applications : From managing decentralized AI applications to enabling governance platforms, Lightchain offers real-world solutions backed by robust functionality, going beyond mere speculation. Conclusion: Fun or Functionality? Chill Guy (CHILLGUY) and Lightchain AI ($LCAI) represent two ends of the cryptocurrency spectrum. While CHILLGUY excels in entertainment and community engagement, $LCAI offers groundbreaking innovation and long-term stability. The choice ultimately depends on your investment style: are you here for the laughs or the legacy? Regardless, both tokens continue to make strides in their respective niches, shaping the evolving landscape of blockchain and cryptocurrency. Investors are encouraged to stay informed on developments from these exciting projects and consider diversifying their portfolio for a well-rounded investment strategy. So, keep your eyes peeled for upcoming updates and opportunities! 👉 Visit the Lightchain AI Website 👉 Read the Lightchain AI Whitepaper 👉 Follow Lightchain AI on Twitter/X 👉 Join the Lightchain AI Community on Telegram
The post Breaking: SEC Greenlights Bitcoin and Ethereum Combo ETFs appeared first on Coinpedia Fintech News The SEC just made history in the crypto world by approving two first-of-their-kind ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These aren’t your typical crypto investments. They combine spot Bitcoin and Ethereum into one package, making it easier—and maybe even safer—for people to invest in the two biggest digital currencies at once. Bitcoin Meets Ethereum in a Balanced Package There are so many crypto ETFs running already, so what is so special about these two? Instead of focusing on just Bitcoin or Ethereum, they mix both. The allocation depends on the market value of each, so investors get a well-balanced exposure. Why does this matter? It’s simple: putting everything into just one cryptocurrency can feel risky. By holding both, these ETFs spread out the risk and let you benefit from the strengths of each. Source : SEC For anyone who finds the idea of buying Bitcoin or Ethereum directly too overwhelming, these ETFs could be the answer. They simplify the process, making crypto investments more accessible to regular people. A Big Step for Crypto Investing The SEC’s decision to approve these ETFs shows that regulators are starting to take the crypto market seriously. This is a major milestone not just for the crypto space but for SEC as well. So why did these ETFs get approved? A key reason is the strong connection between Bitcoin and Ethereum futures and their spot prices. This link helps keep things stable and reduces the chances of manipulation, which is a big win for investors. These ETFs also follow strict guidelines to protect investors. They’re tied to agreements with the Chicago Mercantile Exchange (CME) to monitor trading activity and keep everything above board. The SEC isn’t just handing out approvals—they’ve made sure these ETFs meet high standards for security and transparency. What’s Next ? This approval could open the door for even more creative investment options in the future. By combining Bitcoin and Ethereum, these ETFs simplify the process of getting into crypto. They remove the hassle of managing multiple wallets or worrying about buying and storing digital assets directly. And this could just be the start. Other cryptocurrencies might join similar ETFs down the road. For now, though, these Bitcoin-Ethereum combos are a big step forward. If you’ve been waiting for a way to explore crypto without all the complications, this could be exactly what you’ve been looking for.
The crypto market continues to move toward innovations, with key developments driving momentum. Last week, Bitcoin spot ETF inflows skyrocketed to $2.17 billion in just five days, highlighting growing institutional interest. Meanwhile, XRP’s market holds potential bullish moves as its price hovers near critical levels, attracting attention. Among these trends, the spotlight rests firmly on one standout project: BlockDAG (BDAG) . This Layer-1 blockchain contender has become a favorite among enthusiasts and developers, thanks to its groundbreaking Whitepaper V3 . The paper introduces key innovations addressing scalability and security issues. With daily inflows exceeding $5 million and presale figures crossing $169 million, BlockDAG has set the bar high. Its GHOSTDAG protocol is a game-changer, offering unmatched transaction speed and security. This solidifies its position as a must-watch crypto for those focused on long-term potential. Bitcoin Spot ETF Inflows Soar to $2.17 Billion According to data shared by @WuBlockchain, Bitcoin spot ETFs saw net inflows of $2.17 billion over five consecutive trading days. BlackRock’s IBIT ETF was the leading contributor, with $1.51 billion in inflows, followed by Fidelity’s FBTC, which brought in $598 million. These ETFs now account for 5.71% of Bitcoin’s total market cap, signaling their growing importance. However, there are mixed signals. Grayscale’s GBTC witnessed $221 million in outflows, reflecting a shift in preferences. Experts also warn that Bitcoin spot ETFs could amplify market volatility, creating challenges for smaller players. Despite these concerns, institutional interest remains strong, underscoring Bitcoin’s prominence in the crypto ecosystem. XRP’s Road to $2.70: Hope with Hurdles XRP continues to consolidate near $0.50, with bulls targeting a breakout to $2.70. The optimism stems from growing legal clarity and increased institutional attention. XRP’s unique utility in cross-border transactions keeps it on traders’ watchlists as a promising opportunity. That said, resistance at $0.55 has slowed momentum, and analysts caution against possible dips if this barrier isn’t broken. Additionally, regulatory uncertainties, while improving, still hover over XRP’s broader adoption prospects. Despite these hurdles, the market remains optimistic, positioning XRP as a key player in the evolving crypto landscape. BlockDAG Presale Rockets to $169M Milestone! BlockDAG’s Whitepaper V3 is reshaping the Layer-1 blockchain space with features designed to solve industry-wide challenges. Its GHOSTDAG protocol enables simultaneous block creation, ensuring faster transactions and greater scalability while mitigating risks like double-spending and 51% attacks. The whitepaper’s vision includes EVM compatibility, which simplifies deploying Ethereum-based dApps on BlockDAG’s network. Future updates, such as cross-chain bridging, are also in the pipeline, unlocking interoperability that could drive significant ecosystem growth. This innovation has captivated developers, traders, and miners alike. The presale momentum is proof of its rising popularity. BlockDAG’s daily inflows exceed $5 million, and total sales have surpassed $169 million. More than 17.3 billion coins have already been sold, with prices surging from $0.001 in batch 1 to $0.0234 in the current batch 26. Early supporters have seen an impressive 2240% surge. Meanwhile, over $5.9 million in miner sales have been recorded, with nearly 15,000 miners sold. As more batches sell out quickly, the presale is moving closer to its $600 million goal. With ongoing market interest and developer adoption, BlockDAG is positioned for exponential growth. For those exploring promising blockchain solutions, this could be a pivotal moment to engage with one of the most talked-about projects in crypto. Closing Thoughts: BlockDAG Leads the Way While Bitcoin spot ETFs captured $2.17 billion in inflows and XRP traders eye a potential rise to $2.70, BlockDAG continues to dominate headlines. Its Whitepaper V3 has solidified its position as a leader in addressing blockchain’s pressing issues. With daily inflows surpassing $5 million and a record-breaking $169 million presale, BlockDAG is creating ripples across the industry. As its presale approaches new milestones, BlockDAG remains a top contender for those seeking transformative blockchain projects. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu 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 .