Singapore, Singapore, January 7th, 2025, Chainwire Travala , the leading crypto-native travel booking service, has launched limited-time Bitcoin incentives to grow the number of crypto travellers and increase real-world on-chain activity across their network of more than 100 supported tokens. Following last year’s addition of Bitcoin rewards to the AVA Smart Program—Travala’s travel loyalty initiative in collaboration with the AVA Foundation—the web3 travel company is further integrating Bitcoin into its platform as part of its ongoing efforts to support real-world crypto adoption. The campaign offers three incentives in the month of January: two main prizes totalling $20,000 in Bitcoin for booking travel and referring new users, as well as $50 in Bitcoin for new users who complete a booking. "Travel is about exploration and embracing new horizons, just like Bitcoin is for finance,” said Juan Otero, CEO of Travala. “By rewarding our customers with Bitcoin incentives and encouraging crypto transactions for real-world services, we're empowering them to journey further while participating in the financial revolution of our time." The Bitcoin incentive is offered on top of regular loyalty rewards members receive under the AVA Smart Program, which provides up to 13% savings in the form of Bitcoin or AVA booking rewards, product discounts, and payment discounts with specific tokens. Last month, the company announced that it surpassed over $100 million in gross yearly revenue in 2024 and unveiled its Treasury Reserve Plan comprising both Bitcoin and AVA to ‘enhance potential liquidity, support future expansion and reaffirm its commitment to driving blockchain innovation and adoption within the travel industry.’ Since the company’s inception in 2017, Travala has been working towards bridging the gap between blockchain and travel. Recent integrations with travel marketplace giants Skyscanner and KAYAK have presented another avenue for increasing awareness of crypto travel among mainstream travelers and bolstering crypto adoption, with over 100 billion daily searches conducted across these two marketplaces alone. For more information about the Bitcoin incentive campaign, users can visit Travala’s article . About Travala Founded in 2017, Travala is the leading crypto-native travel booking service with 2,200,000+ properties in 230 countries, 400,000+ activities, and 600+ airlines globally. Travala is a champion of cryptocurrency adoption, accepting over 100 leading cryptocurrencies alongside traditional payment methods. In addition to unbeatable prices via its Best Price Guarantee, Smart members on Travala can also enjoy additional discounts and loyalty rewards for eligible bookings made on the platform. For more information about Travala, users can visit: www.travala.com . ContactChief Marketing OfficerSam WoollardTravalasam@travala.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
TL:DR; While most of the crypto market sits either deep in the red, as the case with SUI, or with insignificant gains, such as BNB and DOGE, Ripple’s native token has gone on a tear. But what’s behind this rally to a new multi-week peak of just over $2.5? XRPUSD. Source: TradingView As the graph above showcases, Ripple’s native cross-border token plunged hard at the end of December, going from over $2.7 after the launch of the company’s stablecoin to a monthly low of $1.96. It went through massive volatility in the following weeks, including another drop to under $2 on December 30, but managed to recover most losses and even spiked to $2.5 on January 4, 2025. Another market-wide retracement followed that took BTC south to a 7-week low , but XRP coped better with the correction this time, sliding by a more pain-free 15% to $2.2. It started its recovery a few days later and jumped to just over $2.5 minutes ago, which is actually its highest price tag in nearly a month (December 18). At the same time, BTC struggles to remain above $94,000, while many other altcoins are quite sluggish on a daily scale. Perhaps the most evident reason behind this is the increased whale activity as of late. As CryptoPotato reported earlier, XRP whales had spent more than $2 billion within two days to accumulate over a billion tokens, which is a massive supply shock for the asset. At the same time, analysts continue to be highly bullish for XRP, predicting substantial price increases and even new all-time highs, especially if it maintains the $2.32 support line and conquers the $2.5 next. $XRP : The price is still holding support and there is some increased upside momentum. To keep the local uptrend alive, the price should ideally hold above $2.32. $2.50 and $2.72 are the next resistance levels and the chart context has not changed. A break above $2.50 is needed as… pic.twitter.com/kcBNrUVSxj — More Crypto Online (@Morecryptoonl) January 11, 2025 The post Why Is Ripple’s (XRP) Price Up Today? appeared first on CryptoPotato .
Bitcoin has had a volatile start to 2025, with price action reflecting both optimism and caution among investors. After reaching the $102,000 mark earlier this month, BTC faced a sharp decline, testing critical support at $92,000. Despite the selling pressure, Bitcoin held firm above this key level and is now showing signs of recovery, currently pushing higher as market sentiment gradually improves. Top analyst Axel Adler recently shared insights on X, shedding light on the current market dynamics. Adler highlighted that the Market Value to Realized Value (MVRV) ratio for Short-Term Holders (STH) has dropped to its mean value. This metric is often used to gauge market conditions and the profitability of recent buyers. A drop in mean values suggests a cooling-off period, providing an opportunity for stabilization and potential growth in the near term. As Bitcoin navigates this choppy phase , investors remain cautious yet optimistic, eyeing key levels that could signal a more decisive trend. The coming weeks will be pivotal as BTC attempts to reclaim higher ground and confirm its long-term bullish structure. Whether the cryptocurrency can maintain its upward momentum or face further consolidation remains to be seen, making this a critical period for the market leader. Bitcoin Needs A Bullish Trigger Bitcoin continues to show resilience despite ongoing concerns from investors and a volatile start to the year. While fears of a deeper correction persist, the market’s focus is shifting toward the broader potential of Bitcoin in 2025. Analysts and long-term holders see current price levels as a consolidation phase, setting the stage for a more significant move as the year progresses. Adler recently shared valuable insights on X , emphasizing the importance of current market dynamics. According to Adler, the Market Value to Realized Value (MVRV) ratio for Short-Term Holders (STH) has dropped to its mean values. This indicates that short-term holders are near their break-even point, reducing immediate selling pressure and potentially stabilizing the market. Adler also highlighted that the STH Realized Price currently stands at $86,800. With steady demand, this metric could rise to $90,000 by the time of President Trump’s inauguration. Adler suggests that if the new administration fulfills even a fraction of its campaign promises, it could act as a significant bullish catalyst for Bitcoin. Historical trends indicate that political and economic shifts often drive renewed investor interest in Bitcoin, reinforcing its position as a hedge against uncertainty. Despite the current market sentiment, these factors suggest a strong foundation for a bullish recovery. Investors watching the interplay of demand-realized prices and macroeconomic triggers might find Bitcoin well-positioned for growth in the coming months. The next steps will depend on whether BTC can hold critical support levels and build momentum for a breakout toward new all-time highs. Price Action: Technical Levels Bitcoin is trading at $94,200, attempting to regain momentum by pushing above the $95,000 level. While buyers show some resilience, the price continues to struggle against short-term resistance, particularly at the $95K and $98K levels. A successful breakout above these zones could signal renewed bullish momentum, but for now, the market seems poised for further consolidation. The current price action suggests that Bitcoin may spend some time in a sideways move, reflecting a phase of accumulation or indecision. This kind of consolidation is not uncommon after significant price surges or corrections as market participants reassess their positions. The next few days or even weeks could see Bitcoin trading within a tight range, allowing for a buildup of momentum before the next major move. Despite the ongoing consolidation, the $100K level remains the key psychological and technical target for bulls. Reclaiming and holding above this mark would reinforce the broader bullish structure and likely trigger a wave of renewed interest and investment. Until then, maintaining the $92,000 support and gradually building strength toward $95K and $98K will be critical for Bitcoin to regain its upward trajectory and set the stage for the next leg of the bull cycle Featured image from Dall-E, chart from TradingView
The price of XRP rose by 3.47% in the last day, yet the altcoin failed to recover from its bearish performance in the past week. In line with the general crypto market, XRP appears to be stuck in a range-bound market as more speculations arise on the viability of the current crypto bull run. However, XRP market analysts also remain bullish with recent predictions continuing to back a two-digit price target for the asset. Related Reading: 300 Million XRP On The Move: Ripple Labs Sparks Speculation How XRP Can Swing Based On XRP/BTC Chart – Analyst In an X post on January 10, popular XRP analyst Egrag Crypto highlighted several potential bullish scenarios for altcoin based on its performance in relation to Bitcoin. Earlier in May 2024, Egrag Crypto had stated that XRP and Bitcoin are mixing like the Atlantic and Pacific Oceans with distinct charts and trends yet still interacting significantly with the other. Based on these interactions as seen in the XRP/BTC chart, price projections for the altcoin are highly bullish. However, introducing a baseline conversion price of Bitcoin at $120,000, there are three possible uptrend scenarios for XRP based on previous price performance. In a moderate scenario A based on historical data from 2017, Egrag Crypto states XRP could gain by 1,264% pushing the XRP/BTC ratio approximately 0.000107. This circumstance translates into a potential XRP price of $12. According to historical data from 2017, Egrag highlights a strongly bullish scenario B where XRP’s price could rise by 3,600% resulting in a XRP/BTC ratio around 0.000247 and a market price of $29. The final scenario C which is more conservative and based on XRP’s performance in 2021 shows a “mere” 500% gain that produces a ratio of 0.000041, resulting in a potential XRP price of $5. Related Reading: What To Expect After The Bitcoin Price Crash Below $100,000 Crypto Expert’s Prediction Points To $27 Target Based on a mix of all these scenarios, Egrag drops a personal forecast in which the XRP/BTC ratio is expected to first rise to between 0.00007 and 0.00010, indicating a potential price of $8.5 – $12 for the altcoin. Thereafter, the crypto analyst expects a correction before the ratio races to around 0.00014 at which XRP may trade between $17 – $27. At press time, XRP trades at $2.34 following a 2.78% gain as earlier stated. However, daily trading volume is down by 15.20% and currently valued at $5.35 billion. Meanwhile, the coin’s performance on larger timeframes indicates turbulence in recent weeks as evidenced by losses of 4.65% and 3.69% in the past seven and thirty days respectively. Albeit, with a market cap of $134.74 billion, XRP ranks as the fourth largest crypto asset. Featured image from Blockzeit, chart from Tradingview
SHIB could experience a significant price rebound as market participants adjust their strategies.
BitMEX co-founder Arthur Hayes believes Bitcoin ( BTC ) could explode to seven figures in just a few years. In a new interview with co-founder and host of Impact Theory Tom Bilyeu, Hayes outlines his case for why Bitcoin may increase more than 950% from its current value in three to five years. He predicts governments will massively increase their money supply while long-term Bitcoin holders will continue to grow in number due to its store of value potential. “The supply of Bitcoin is fixed. We know [only] 21 million will ever be produced. However, as you have people like BlackRock, [Michael] Saylor at MicroStrategy, longtime holders like myself and others, people who are just getting into the game now, and believe in a future path of Bitcoin over the next five, 10, 15, 20, 30 years, are they going to sell? Why would you sell Bitcoin for fiat currency, if you implicitly believe that the US government and every other major government is going to increase the amount of that fiat currency ad infinitum? That’s the reason why you got into Bitcoin. So as the price rises, there are less people who want to sell it. And if we have this institutional adoption through the ETFs (exchange-traded funds) and other sort of corporate finance and vehicles, those are sticky forms of holding which takes supply out of the market, which means it’s very easy to have a very exponential rise in the marginal price of Bitcoin.” Hayes also believes retail investors will start to flood the market and allocate some portion of their retirement funds into Bitcoin to use as a hedge against inflation. “If you take a look at the entire world in terms of the largest four countries and economic blocks, they all are printing money for various different reasons. That’s only going to continue. It’s accelerating, in fact. And so we have a diminishing supply of freely traded Bitcoin with an expanding supply of fiat currency… And if we believe that more people are changing their mindset to say, ‘Okay, crypto, it survived 15 years. It’s going to be here for another 15, 20, 100 years, whatever, I feel okay thinking that this is going to be a store of value. I could use it to pay for things when I need, therefore, I’m going to take 2%, 3%, 4%, 5%, 10% of my retirement income or savings, and now start buying this asset.’ And so all these things come together, and that’s what creates a marginal price of $1 million per Bitcoin.” Bitcoin is trading for $94,403 at time of writing, up 2% in the last 24 hours. 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 Here’s How Bitcoin Could Skyrocket by 950% in Three to Five Years, According to BitMEX Founder Arthur Hayes appeared first on The Daily Hodl .
Community continues to burn SHIB coins, but there is big catch
The possibility of the US government selling $6.5 billion worth of Bitcoin is not cause for panic, according to Asset Reality CEO Aidan Larkin. Speaking on the Empire Roundup podcast, Larkin reassured listeners that the sale would follow a rigorous process and leave little room for sudden market disruptions. The recent court approval to seize Bitcoin, many of which are linked to criminal cases such as the infamous Silk Road raid, is a routine step in the process. It doesn’t mean the government is ready to immediately divest itself of the digital asset. “There is a very strict process that needs to be followed,” Larkin said. He explained that the government must first complete a civil forfeiture application hearing. Once the green light is received, the assets will then go through the U.S. Marshals Service for liquidation. Larkin’s company, Asset Reality, specializes in managing seized assets for governments, which gives Larkin’s views significant weight. Related News: Once Everyone's Favorite: Here's What Developers Are Focusing On Most In The Forgotten Altcoin Group Once Bitcoin is available for sale, it is likely to be moved on-chain via Coinbase, a move that will be closely watched by the crypto community. However, Larkin cautioned against speculating on the timing of such sales, noting that any immediate market reaction is likely driven by investor sentiment rather than government action. “This is not about trying to time when the government is going to sell,” he said. “The selling pressure you’re seeing is more from people speculating and selling themselves.” Speculation that the US would create a Bitcoin strategic reserve, an idea floated by former President Donald Trump earlier this year, is unlikely to happen, according to Larkin, who noted the difficulties of using Bitcoin for such purposes, which is linked to criminal activity. Instead, co-host Jason Yanowitz proposed a more plausible scenario: The U.S. government could eventually buy Bitcoin mined on American soil for a potential reserve, which he argued would be a more sensible and ethical approach than using seized assets. *This is not investment advice. Continue Reading: The Expert Speaks: Is the US Really About to Sell $6.5 Billion in Bitcoin?
Elon Buys Solana could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Elon Buys Solana (ELONBSOL), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because ELONBSOL is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Elon Buys Solana can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Elon Buys Solana could become the next viral memecoin. Elon Buys Solana launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Elon Buys Solana on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Buys Solana by entering its contract address – 85b1Mza2zF6SDGXZURjeu53wdapN6W1UjFC4PAqhKE8k – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONBSOL. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
The cryptocurrency market thrives on the next big opportunity, and insiders are closely monitoring the presale of Lightchain AI , a blockchain project poised to revolutionize the industry. With a presale price of $0.00525 and over $10 million raised, is rapidly gaining traction as one of the most promising projects of 2025. This buzz has captured the attention of savvy investors looking to secure early-stage gains. Why Lightchain AI Is Garnering Attention from Crypto Insiders Lightchain AI’s charm is in its strange way of fixing the issues with blockchain use. Unlike lots of other projects it centers on making blockchain easy for both builders and companies by making joining steps simpler. Its simp͏le tools and frames cut down the hard tech stuff, letting more firms add new solutions into their work. Also, Lightchain AI’s focus on growth makes sure the platform can manage big deal amounts well. By fixing these key problems, this project sets itself up as a tough rival to known blockchain networks giving both new ideas and usefulness. How Lightchain AI Stands Out in a Competitive Market Crypto insiders are drawn to Lightchain AI not just for its technical features but also for its commitment to community-driven growth. Its decentralized governance model empowers token holders to participate in decision-making processes, ensuring that the platform evolves in alignment with user needs. Moreover, Lightchain AI’s future-focused roadmap outlines its plans to expand its ecosystem and collaborate with developers and enterprises. This transparency and strategic vision make it a standout project in the crowded cryptocurrency space, promising significant value to both investors and users. Decentralized Governance as a Catalyst Lightchain AI distinguishes itself through its community-driven governance model, offering a more inclusive alternative to Solana’s developer-focused approach. By empowering token holders to participate directly in decision-making, Lightchain AI ensures the platform evolves in alignment with community objectives. Token holders can vote on key matters such as network upgrades, strategic partnerships, and the overall direction of the ecosystem through its decentralized governance framework. The platform incorporates quadratic voting, promoting fairness by amplifying the voice of smaller stakeholders while mitigating the risks of centralized control. Furthermore, governance mechanisms directly support community initiatives, including developer grants and publicly funded AI projects, fostering both inclusivity and innovation. This distinctive governance model enables Lightchain AI to align with the collective vision of its community, setting it apart from Solana’s more centralized development strategy. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice