With the new year almost here, crypto enthusiasts eagerly anticipate a fresh wave of market
A stronger dollar tends to weaken the demand for risk assets such as cryptocurrencies.
According to crypto onchain data, a crypto whale may have made a significant mistake with the altcoin he purchased. The crypto whale, who had previously made a large profit on an altcoin called SWARMS, lost 298 SOL worth $63,400 after purchasing the wrong altcoin. Minutes ago, this whale spent 325 SOL to buy an altcoin called AUTOSPORES, but then realized immediately that he bought the wrong altcoin. Panicked, the whale sold all of his AUTOSPORES tokens at a loss and immediately bought SPORES. Related News: Is an Altcoin Bull on the Way? Analysts Point to New Emerging Data When the data is examined, it is seen that this crypto whale previously purchased SWARMS for $ 12.48 million on December 20 and made a profit of $ 10.25 million from it. In addition, he made a profit of $ 2.67 million from ZAILGO and $ 549 thousand from MCS. However, the fact that the crypto whale invested such a large amount in these relatively unknown altcoins raises suspicions that the wallet belongs to someone inside, so it is useful to be extra careful. *This is not investment advice. Continue Reading: Confused Whale Bought Heavily on the Wrong Altcoin: Loses Big
Circle’s USDC has experienced a significant resurgence as its total circulating supply surged by 80% from its 2023 lows. As revealed by Blockwork’s data analytics manager Dan Smith, the stablecoin’s supply has reached nearly $44 billion as of January 2, 2025. The latest figure represents a stark increase from its 2023 low of less than $24 billion. USDC’s Blockchain Diversity Expands The latest data reveals that Ethereum continues to dominate with 65% of USDC’s supply. However, other blockchains, including Solana and Base, hold 10%, and 7% of its supply respectively. Hyperliquid and Arbitrum followed suit, capturing 5% and 3% of USDC’s growing share of supply, respectively. This diversification is also in contrast to the 2023 period when Ethereum accounted for 85% of the supply. The shift appears to be fueled by retail traders migrating to a cheaper alternative – Solana – for speculative trading on meme coins and AI agent tokens. Additionally, the rise of Layer 1 networks like Hyperliquid, designed for low-latency trading, and Ethereum Layer 2 solutions, such as Base and Arbitrum, evidenced the evolving preferences of crypto users. This aligns with the stats posted by Circle’s Peter Schroeder, which revealed that the adoption of USDC on Ethereum Layer 2 solutions skyrocketed in 2024, with supply jumping from $1.9 billion to $8.1 billion. Base led the growth with a 26x increase, followed by a 4x rise on Arbitrum. The Ethereum Dencun upgrade in March further ramped up scalability and reduced transaction fees below $0.01. Meanwhile, the total USDC transaction volume exceeded $15 trillion during the year. Solana began 2024 as the leader in USDC transactions but saw activity decline due to reduced MEV bot usage by market makers. On the other hand, Base’s momentum grew steadily, leading to transaction volumes over the last four months of the year. By the end of the year, USDC had recorded more than 100 million unique transactions. USDC Rebounds Currently, USDC is trailing behind Tether (USDT), which dominates the market by market capitalization. USDC and USDT nearly reached parity in 2022, but the former declined, coinciding with the Collapse of Silicon Valley Bank (SVB), where Circle held reserves. The loss of the dollar peg was triggered when the fintech firm revealed that $3.3 billion – roughly 8% of its reserves – were at risk. However, market confidence rebounded as USDC restored its peg within four days. The post USDC Supply Surges 80% from 2023 Lows: Circulation Grows Across Solana, Ethereum Layer 2s appeared first on CryptoPotato .
Trump Loves Dancing could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Loves Dancing (TRUMPDAN), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days. This is because TRUMPDAN 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 drive its price up. Currently, Trump Loves Dancing 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 Trump Loves Dancing could become the next viral memecoin. Trump Loves Dancing launched with over $9,000 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 Trump Loves Dancing 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 Trump Loves Dancing by entering its contract address – HVnG6NJCvVDa34VxqR1wmSo18EGtNVJhNR8CQwNwjgpi – 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. In fact, 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 TRUMPDAN. 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.
Key takeaways: Our Avalanche price prediction anticipates a high of $68.65 by the end of 2025. In 2026, it will range between $85.57 and $104.16, with an average price of $88.59. In 2030, it will range between $403.57 and $457.21, with an average price of $414.44. AVAX exhibited wild price swings in 2024. This record came as the crypto market valuation peaked. It later reversed, shedding some of the profits in 2025. While the Avalanche ecosystem has been making strides, AVAX has particularly left investors questioning its trajectory. Will AVAX go up? Is AVAX a good investment? Let’s explore these and more in our Cryptopolitan price prediction from 2025 to 2031. Overview Cryptocurrency Avalanche Ticker AVAX Current price $41.93 Market cap $17.19B Trading volume $604.76M Circulating supply 409.87M All-time high $146.22 on Nov 21, 2021 All-time low $2.79 on Dec 31, 2020 24-hour high $42.14 24-hour low $38.83 Avalanche price prediction: Technical analysis Metric Value Volatility (30-day variation) 14.48% 50-day SMA $42.04 200-day SMA $30.60 Sentiment Neutral Fear and Greed Index 74 (Greed) Green days 13/30 (43%) Avalanche price analysis As of January 3, AVAX’s price had risen by 7.25% in 24 hours but dropped 22.88% in the last 30 days. Its trading volume rose by 2.15% in 24 hours. Avalanche’s total value locked (TVL) is gradually rising and now stands at $1.45 billion. TVL is the amount of funds locked up by an ecosystem’s decentralized applications. The protocol’s stablecoin market cap rose to $2.36 billion at press time over the same period. The statistics point to growing user interest in the protocol’s stablecoin market, which provides stability in a highly volatile market. AVAX/USD 1-day chart analysis AVAX/USD 1-day chart. Image source: TradingView AVAX traded in an ascending channel in the last quarter of 2024 until it reached a high of $55.41 on Dec 12. It later corrected and traded at the $37 mark. IT corrected into 2025 as it rose above the $41 mark. The William Alligator trendlines are closing as AVAX volatility drops. The relative strength index is 53.13 in neutral territory with the MACD histogram registering little momentum. AVAX/USD 4-hour chart analysis AVAX/USD 4-hour chart. Image source: TradingView The 4-hour chart shows AVAX is rising from consolidation as it registers positive momentum despite a general neutral trend in the daily chart. The coin volatility is also rising on this chart. Avalanche technical analysis: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 44.25 SELL SMA 5 41.79 BUY SMA 10 39.06 BUY SMA 21 41.40 BUY SMA 50 42.04 SELL SMA 100 34.74 BUY SMA 200 30.60 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 40.69 BUY EMA 5 42.85 SELL EMA 10 45.45 SELL EMA 21 45.90 SELL EMA 50 41.49 BUY EMA 100 36.45 BUY EMA 200 33.26 BUY What to expect from AVAX price analysis next? The combination of technical indicators and chart analysis suggests that Avalanche is neutral and currently gearing up for a closer move to $36. Moreover, the William Alligator trendlines, which measure volatility, are feeding, indicating rising volatility. Is AVAX a good investment? AVAX’s impressive performance in the first and last quarter of 2024. Explore Cryptopolitan’s price prediction to learn about the coin’s trajectory from 2025 to 2031. Why is AVAX up? AVAX is correcting from its highest last year; the crypto market capitalization is also bullish. The rise in Avax value could be attributed to the general market sentiment. Will AVAX reach $50? According to the Cryptopolitan price prediction, AVAX crossed the $50 mark in 2025 as Bitcoin broke above $100,000 again. Will AVAX reach $100? According to the Cryptopolitan price prediction, AVAX will reach $100 in 2026, with a maximum price of $104.16 for the year. Will AVAX reach $1,000? It remains highly unlikely that AVAX will cross the $1,000 mark before 2030. At that market capitalization, it could be more valuable than Ethereum. Does Avalanche have a good long-term future? According to Cryptopolitan price predictions, AVAX will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Recent news Avalanche9000 is the largest network upgrade since the mainnet launch, combined with the groundbreaking Avalanche consensus that gives any application near-instant finality. This upgrade made launching your L1 more economically feasible, simpler to customize, and smoother to maintain. AVAX price prediction January 2025 For January AVAX will trade between $41.50 and $56.87, with an average price of $52.00. Month Potential low ($) Potential average ($) Potential high ($) January 41.50 52.00 56.87 Avalanche price prediction 2025 As the second half of 2025 unfolds, we anticipate it will trade between $41.50 and $60.38, with an average price of $68.65. Year Potential low ($) Potential average ($) Potential high ($) 2025 41.50 60.38 68.6500 Avalanche price predictions 2025 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2025 41.50 60.38 68.6500 2026 85.5700 88.5900 104.1600 2027 122.7000 126.2500 148.2900 2028 183.7900 188.8400 214.8800 2029 264.1900 271.7500 314.74 2030 403.57 414.44 457.21 2031 609.35 625.92 712.96 Avalanche AVAX price prediction 2025 The Avalanche price prediction for 2025 is a high of $68.65. It will reach a minimum price of $41.50 and an expected average trading price of $60.38. Avalanche price prediction 2026 The Avalanche price forecast shows it will range between $85.57 and $104.16, with an average price of $88.59. AVAX price prediction 2027 Avalanche price prediction climbs even higher into 2027. According to the predictions, it will range between $122.70 and $148.29, with an average price of $126.25. Avalanche crypto price prediction 2028 Our Avalanche price prediction indicates a further acceleration in the price. It will trade between $183.79 and $214.88 and have an average of $188.84. Avalanche price prediction 2029 According to the AVAX coin price prediction for 2029, the price of AVAX will range from a minimum price of $264.19 to a maximum price of $314.74. The average price will be $271.75. Avalanche prediction 2030 According to the Avalanche price prediction for 2030, we expect Avalanche to range from $403.57 to $457.21, with an average price of $414.44. Avalanche price prediction 2031 The Avalanche price forecast shows it will range between $609.35 and $712.96, with an average price of $625.92. Avalanche price prediction 2025 -2031 Avalanche market price prediction: Analysts AVAX price forecast Firm 2025 2026 2027 Digitalcoinprice $84.67 $103.38 $141.8 Changelly $80.27 $56.14 $83.99 Gate.io $41.88 $48.79 $53.66 Cryptopolitan’s Avalanche price prediction Our predictions show that Avalanche will achieve a high level of $68.65 in 2025. In 2026, it will range between $85.57 and $104.16, with an average price of $88.59. In 2030, it will range between $403.57 and $457.21, with an average of $414.44. Note the predictions are not investment advice. Seek independent consultation or do your research. Avalanche historic price sentiment Avalanche price history . Image source: Coinstats In July 2020, Avalanche completed its public sale, raising $42 million in less than $4.5 hours. The tokens were distributed after the mainnet launch in September. On Dec 31, 2020, it fell to an all-time low of $2.788. In September 2021, the Ava Labs Foundation received a $230 million investment from Polychain and Three Arrows Capital Group by purchasing the AVAX cryptocurrency. In November 2021, following an agreement with Deloitte to improve US disaster relief funding, AVAX moved to the top 10 cryptocurrencies by market capitalization. At that time, AVAX moved to its all-time high at $146.22. In Aug 2022, whistleblower ‘crypto leaks’ published a report accusing Ava labs of secret deals with a law firm to destabilize its competitors. Ava Labs CEO Emin Gün Sirer denied any dirty deal with Roche Freedmen law firm. In 2023, AVAX maintained a bullish trend between January and May, after which bears overwhelmed the market. It resumed the positive momentum in October, rising to $49.96 In 2024, it crossed the $60 mark in March. The rise coincided with a record high in AVAX inscriptions, with over 100 million ASC-20 minted since their introduction in June 2023. The uptrend reversed in April 2024; by July, it had fallen to $24.40. In August, it was at $21, and $27 in September and October. It turned bullish in November 2024 rising from as low as $23 as high as $55 in December. It later corrected and traded at $42 into 2025.
XRP price is on the brink of breaking a pattern with a 100% bullish outcome, which will potentially take its value to $5.
The Internal Revenue Service (IRS) is suspending the implementation of new tax rules that will affect investors who hold crypto assets in centralized exchanges. On July 9th, 2024, the Treasury Department and the IRS published the final rules for determining the order of selling crypto assets held in centralized finance (CeFi) platforms. Investors should choose an accounting method such as the Highest-In, First-Out (HIFO) or the Specific Identification (Spec ID) if their assets are held with a CeFi broker. Otherwise, the First-In, First-Out (FIFO) applies, which means that the earliest acquired unit of a cryptocurrency will be sold first. The rule is supposed to take effect on January 1st, 2025 but CoinTracker head of Tax Strategy Shehan Chandrasekera says the IRS recognized the problem that almost all CeFi brokers are not yet ready to support Spec ID, prompting the tax agency to postpone the implementation of the rule by one year. Reads the temporary relief notice issued by the IRS on December 31st, “The Treasury Department and the IRS understand that some digital asset brokers may not have in place, by January 1, 2025, the technology needed to accept specific instructions or standing orders communicated by taxpayers. These technology limitations may leave some taxpayers unable to make adequate identifications in conformity with § 1.1012-1(j)(3)(ii).” Chandrasekera says many crypto investors could suffer losses if the new tax rules were enforced. “This meant that you had no option other than selling your CeFi assets under FIFO starting 1/1/25. In a bull market environment, this could have been disastrous for many taxpayers because you’d be unintentionally selling the earliest purchased asset (which tends to have the lowest cost basis) first, while unknowingly maximizing your capital gains.” 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 IRS Postpones Implementation of New Tax Rules for Crypto Asset Holders Interacting With Centralized Exchanges appeared first on The Daily Hodl .
Bitcoin is currently priced at $98,700, with altcoins on the rise. Upcoming SEC changes could positively impact XRP's price movement. Continue Reading: Watch Bitcoin Soar: Positive Trends Signal Potential Gains The post Watch Bitcoin Soar: Positive Trends Signal Potential Gains appeared first on COINTURK NEWS .
XRP supporter and crypto lawyer John Deaton is warning investors about scammers within the burgeoning digital assets industry. In a new lengthy thread on the social media platform X, Deaton says that bad actors are targeting crypto exchange accounts and private wallets with sophisticated scams. “If you get an email with a link do not click the link unless you are 100% certain it’s legit, and even then be suspicious. Make sure you have 2FA (two-factor authentication) set up with your accounts and NEVER share passwords or seed phrases. Some people might say or think ‘if you’re dumb enough to share your password, you deserve to lose your [stash].’ No innocent person deserves to be robbed, tricked or cheated out of their hard-earned savings!” Deaton, who represented Ripple Labs when the firm was sued by the U.S. Securities and Exchange Commission (SEC) for allegedly selling XRP as unregistered securities, goes on to share a personal story about hackers using advanced tactics in an attempt to rob him. According to Deaton, scammers hacked into his WiFi network, sent him a fake email from his crypto exchange service saying he needed to change his password and went as far as impersonating a customer service employee of the crypto exchange to encourage him. When prompted to enter his password to “recover” it, Deaton says he realized he was being scammed and took action. “I lied and said I didn’t have my laptop handy and asked him to call me back in 30 minutes… At that moment, I turned off my WiFi, and using cellular service only, I clicked my [crypto exchange’s app] and was able to access my account without issue. I knew then that my home network had been compromised. Because I had accessed my law firm network, working from home, my business network had been compromised as well. A couple of months later my cell phone SIM card and Twitter accounts were hacked.” 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 Crypto Lawyer and XRP Defender John Deaton Issues Lengthy Warning to Traders: Beware of Scammers appeared first on The Daily Hodl .