World Liberty Financial is making headlines with its recent acquisition of $250,000 in ONDO, part of its aggressive $45 million crypto investment strategy. The company has rapidly amassed a diverse
Cantonese Cat, a recognized cryptocurrency market analyst, has projected an extraordinary price target for Dogecoin, suggesting that the meme coin could rise to $24. This ambitious forecast represents a potential gain of over 5,823% from current levels, fueled by technical indicators and recent whale activity. Dogecoin has experienced mixed performance in recent weeks. After a sharp rally in early November that saw its price climb 132% in three weeks to $0.4800—marking a three-year high—the cryptocurrency has since retraced by 16%, currently trading around $0.4052. Despite this pullback, optimism remains strong among analysts and investors. According to Cantonese Cat, the asset’s recent price movements suggest the cryptocurrency is positioned for a significant breakout. The analyst highlighted that the token has successfully defended key support levels, particularly around the 0.786 Fibonacci extension. Based on historical trends, Dogecoin followed a similar pattern during its 2021 bull cycle, when it rallied from this level to surpass the 2.272 Fibonacci extension, peaking at $0.73995. Cantonese Cat predicts that Dogecoin could replicate this historical pattern and reach the same Fibonacci level at $24. If this target is met, the token’s market capitalization will exceed $3.5 trillion, solidifying its position as a major player in the crypto market. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Whale Accumulation Signals Growing Optimism In addition to technical analysis, recent whale activity further supports the bullish outlook for the asset. Market analyst Ali Martinez has observed significant accumulation among large holders, signaling increased confidence in the asset’s future potential. Martinez shared data that whales holding between 10 million and 100 million DOGE purchased 160 million tokens, valued at approximately $64 million, within the last 24 hours. This accumulation has brought the total to 22 billion DOGE, worth around $9 billion. Such large-scale acquisitions indicate strong market sentiment and often precede substantial price rallies. The willingness of high-value investors to buy during a dip suggests they anticipate a significant upward movement in the token’s price. While the broader cryptocurrency market has shown bullish momentum, Dogecoin’s trajectory remains uncertain as it contends with critical resistance levels. Nevertheless, analysts like Cantonese Cat and Ali Martinez believe the token is well-positioned for future growth, supported by historical trends and whale activity. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Dogecoin to $24? Analyst Says DOGE Is Basically Ready For the Next Move appeared first on Times Tabloid .
World Liberty Financial’s latest purchase was for $250,000 worth of ONDO, a token for a decentralized exchange.
Summary Prefer holding Bitcoin directly or via competitors' ETFs over ProShares Bitcoin ETF due to lower fees and better tracking of Bitcoin prices. Bullish on Bitcoin with a price target of $125k by March, driven by strong ETF inflows, low exchange reserves, and potential regulatory support. Mt. Gox repayments and MicroStrategy's aggressive buying strategy are unlikely to disrupt the current bullish trend significantly. Key risks include potential market downturns in early 2025 and increased supply from miners if Bitcoin prices drop. The ProShares Bitcoin ETF ( BITO ) holds futures instead of spot Bitcoin. For now, I prefer various competitors that hold Bitcoin. Probably the best thing, if you can manage, is to hold your Bitcoins through a hardware wallet. ProShares charges 0.95% on an annualized basis. The fund also distributes some gains, which can make it a bit tedious to keep your exposure up. On the other hand, you're automatically selling some over time. Futures also tend to suffer from roll-yield. This is one reason why it doesn't track the Bitcoin price perfectly: BITO lags bitcoin price (Seeking Alpha) The fees on U.S. traded Bitcoin ETF's tend to be lower: BITO GBTC IBIT ARKB BITB BTC Fund Name ProShares Bitcoin ETF Grayscale Bitcoin Trust ETF iShares Bitcoin Trust ETF ARK 21Shares Bitcoin ETF Bitwise Bitcoin ETF Grayscale Bitcoin Mini Trust ETF Fund Type Alternative Alternative Alternative Alternative Alternative Alternative Issuer ProShares Grayscale iShares 21Shares US LLC Bitwise Investments Grayscale Inception 10/18/2021 09/25/2013 01/05/2024 01/10/2024 01/10/2024 07/31/2024 Expense Ratio 0.95% 1.50% 0.12% 0.21% 0.20% 0.15% AUM $2.60B $21.15B $53.00B $4.85B $4.07B $3.90B Only the Grayscale Bitcoin Trust ( GBTC ) is a more expensive way to get exposure. However, there can be advantages to going through futures. Some cryptocurrencies have a yield. That's currently not the case with Bitcoin. Ethereum ( ETH-USD ) is a well-known example. In Europe, there are a lot of cryptocurrency products that pass along (part of) that yield. In the U.S. that's not the case. For most U.S. investors, it is hard to get access to those products. However, professional global traders can buy these (collect yield) and offset the crypto exposure by selling futures. These kinds of arbitrage trades can then have an effect on the futures curve and implicitly pass on some of the yield. However, I'd still rather pick and choose which futures to buy but wanted to mention it. In any case, I think the details of BITO vs any of these other products are overshadowed by the consideration of whether you want Bitcoin exposure or not. The volatility level is so high that these, often important, issues take a bit of a back seat. Mt. Gox On Bitcoin, I remain bullish. In my most recent article about Bitcoin, I set a price target of $88k for the end of the year. That's been exceeded now, and I'll move the goalpost in the conclusion. There are several reasons I'm not too worried $100k Bitcoin marks the top yet. I've commented on the Mt. Gox repayment saga quite a few times in the past. Some money has been repaid. Creditors got to choose whether they wanted to be repaid asap or were okay with a bit of an outdrawn procedure. The reason for that being there always remain small issues to be resolved, and it isn't great if that's holding up the entire process. Of course, the creditors picking the early option gave up some of the ultimate theoretical economics. The holdouts should ultimately be slightly better off but get to endure. The rehabilitation trustee posted the following English doc laying out the reasons. In practice, at the time of posting, there was still 44,905 BTC that needed to be sent out, and the deadline was moved to October 31, 2025, due to a variety of reasons like having to find the right people, legal dispute, etc. Here's a quote: With the exception of certain types of repayments, the Rehabilitation Trustee has largely completed the Base Repayment, Early Lump-Sum Repayment, and Intermediate Repayment (collectively, the "Repayments") for rehabilitation creditors who have completed the necessary procedures for receiving repayments and have not encountered any issues during the Repayments process. However, many rehabilitation creditors still have not received their Repayments because they have not completed the necessary procedures for receiving Repayments. Additionally, a considerable number of rehabilitation creditors have not received their Repayments due to various reasons, such as issues arising during the Repayments process. This just makes for a more gradual release of this BTC. Given we're in a bull market for Bitcoin, I'm not too worried about this additional supply because holders will be more inclined to continue hodling, the market is able to absorb any selling better, and the repayments likely continue throughout the year as issues get solved. Inflows Inflows into Bitcoin ETFs are strong. Inflows are at levels similar to when ETFs were launched. The difference being this time there are virtual no offsetting outflows from the Grayscale Bitcoin Trust (GBTC). At the time, investors were migrating from this higher fee product to the newly available and cheaper alternatives. In other words; there is a lot of interest currently. spot bitcoin flows (THE BLOCK) Exchange reserves Because exchange reserves have hit a multi-year low and are trending down hard since April I wanted to highlight this: Exchange reserve assets (Crypto Quant) Elevated (and especially rising) exchange reserves can indicate future selling. If you want your Bitcoin to be secure, you don't have it on an exchange. The reason it is moved there is for trading purposes (which means selling). With Bitcoin, this can be tracked because blockchain movement can be followed. The inverse (dollars getting moved there) can't be tracked in the same way. Trump's election In this article , I wrote: Personally, I expected Bitcoin to benefit from either election outcome. If only because the uncertainty of the election would end. I'm bullish on Bitcoin for other reasons as well, more deeply explored in this article . Q4 tends to be a very good quarter for Bitcoin (since 2016) and November specifically (an average of +50% and +30% results according to Tastylive ). For good measure, Trump wasn't as pro-Bitcoin during his previous run. In my view, the pre-market run will likely continue. I severely underestimated how excited the crypto community responded to a Trump victory. I still mentioned and expected Bitcoin and crypto companies to do well in the article mentioned but not to the extent it has. It is impossible to prove, as there are no counterfactuals, but I expected Bitcoin and the market to rise with a Kamala win as well. Anything was simply an improvement from the status-quo under Biden. Most interestingly, Trump has indicated he likes the idea of establishing a national Bitcoin reserve. It's an idea that's been worked on by Senator Cynthia Lummis, who advocates for the government to buy 1 million Bitcoins over 5 years. At most there will be 21 million of these things out there, so that's a considerable amount. If this idea gets implemented, I'd expect the outcome to be staggering, but it's not my base case. Just a more positive regulatory environment should have a positive effect, if nothing else, on the capital raising for crypto-associated companies. MicroStrategy I've been writing on Seeking Alpha about Bitcoin since 2016. Almost always favorably, as I think there's real merit to this interesting novel asset with all its widely discussed properties. I'm not a huge fan of certain derivatives of Bitcoin, like MicroStrategy (MSTR). I'd only touch something like that if you knew exactly what you were doing. But as I discussed here in more detail, MicroStrategy can have a large effect on Bitcoin's price. Since my last Bitcoin article, MicroStrategy has announced an astounding $42 billion plan to raise capital . Saylor is generally very upfront about what he will do with raised capital; buy Bitcoin. Historically, MicroStrategy follows this up with another capital raise if the price continues to rise. It will play defense if/when prices fall. Only part of the capital raising has happened, and it is likely designed to get some headlines, but it's an aggressive buyer who's waking up after being absent for a while. Risks The current key risks to me are that we've moved past November, which is a very good month for Bitcoin, and are moving towards early 2025. Especially, January can be a tough month. Perhaps with some of the buzz generated during the holidays slowing down. I've written often about the halving of 2024 and what it could potentially mean because miners bring less supply to market. However, when Bitcoin is rallying, crypto firms like MicroStrategy, but also the miners get to raise money at much more favorable terms. They tend to pounce on these opportunities: capital raising by miners (TheMinerMag) When this money gets converted into crypto-mining hardware, that results in more and more supply coming to market. When demand flags, the additional supply can start having an effect. Bitcoin prices go down, decreasing revenue miners are generating, causing them to sell more of their Bitcoin production and/or reserves. Conclusion I'm still quite bullish in the short term and the very long term. I'll likely get a bit more careful around Q1 2025. I'd strongly reconsider exposure if we move to $70k. This would be a clear change from the current bullish trend. Depending on the events driving such a drop, I'd either sit or potentially buy back in later. As for the upside, based on seasonal Bitcoin performance data, I think we could see Bitcoin $125k before the end of March. In my previous article I arrived at a price target of $88k primarily based on historical seasonal Bitcoin returns. Updating that number with seasonality return data up to March, starting from today's price, I get to $125k. Keep in mind that's just a possible target, and I'm more confident near-term prospects remain fine as with any exact target being achieved. For example, with the right tweets from a fresh President, higher prices are possible. Given all of the above, BITO and other Bitcoin funds remain a buy.
Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone. Ethereum started a decent increase above $3,880 and $3,920. The price is trading below $3,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,980 and $4,020 resistance levels. Ethereum Price Faces Resistance Ethereum price remained stable and extended gains above $3,850 but it underperformed Bitcoin . ETH was able to climb above the $3,920 and $3,980 resistance levels. There was a break above a key bearish trend line with resistance at $3,900 on the hourly chart of ETH/USD. The bulls pushed the pair above the $4,000 and $4,010 resistance levels. A high was formed at $4,019 and the price is now consolidating gains . There was a minor decline below the $3,980 level. The price even dipped below the 23.6% Fib retracement level of the upward move from the $3,831 swing low to the $4,019 high. Ethereum price is now trading above $3,880 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $4,000 level. The first major resistance is near the $4,020 level. The main resistance is now forming near $4,050. A clear move above the $4,050 resistance might send the price toward the $4,150 resistance. An upside break above the $4,150 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,250 resistance zone or even $4,320. Another Decline In ETH? If Ethereum fails to clear the $4,000 resistance, it could start another decline. Initial support on the downside is near the $3,920 level and the 50% Fib retracement level of the upward move from the $3,831 swing low to the $4,019 high. The first major support sits near the $3,880 zone. A clear move below the $3,880 support might push the price toward the $3,840 support. Any more losses might send the price toward the $3,750 support level in the near term. The next key support sits at $3,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,920 Major Resistance Level – $4,000
Scottsdale authorities have arrested a man linked to a daring crypto heist, highlighting the growing risks associated with digital currency thefts. This case comes amid rising concerns over targeted crimes
Scottsdale detectives and Special Agents from the US Secret Service arrested a man on Dec. 11 for theft, fraud schemes, and money laundering in connection with the crypto heist.
Step into a world where finance shakes hands with freedom, and the internet becomes your personal playground. Welcome to the fascinating domains of decentralized finance (defi) and Web3. Decentralized Finance and Web3—What Do They Really Mean? Defi, short for decentralized finance, brings financial services to public blockchains like Ethereum, offering a gateway to activities such
TRON (TRX) is making significant strides in the blockchain industry, expanding its ecosystem with high-speed transactions and a growing dApp network. However, Lightchain AI is redefining the space with unparalleled innovation and strategic vision. Through its exclusive Lightchain AI Presale , the platform introduces cutting-edge technologies like Proof of Intelligence (PoI) and the Artificial Intelligence Virtual Machine (AIVM). These features push blockchain boundaries, enabling scalable, decentralized, and AI-driven ecosystems. While TRON’s expansion captures attention, Lightchain AI’s transformative approach integrates artificial intelligence with blockchain, creating a lasting impact that outpaces conventional growth strategies. The question remains: can TRON match this visionary reach? TRON’s Expansion Efforts TRON (TRX) has strategically expanded its global presence through key partnerships and technological advancements. In October 2024, TRON joined Chainlink’s SCALE program, designating Chainlink’s Data Feeds as its official oracle service. This collaboration enhances the security of TRON’s decentralized finance (DeFi) ecosystem, which boasts over $6.5 billion in total value locked (TVL). Earlier, in September 2023, TRON integrated with Google Cloud’s BigQuery, facilitating seamless access to blockchain data and reinforcing its commitment to decentralization. These initiatives have propelled TRON to become the second-largest layer-1 blockchain by TVL, surpassing Binance Smart Chain. Additionally, TRON’s DeFi ecosystem has experienced significant growth, with protocols like JustLend and JustStables maintaining stable TVL figures, driven by asset price appreciation and an expanding user base. These efforts underscore TRON’s dedication to enhancing its infrastructure and fostering global blockchain adoption. 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These values align with the growing demand for environmentally responsible solutions in both the blockchain and AI industries. Comparative Analysis of TRON and Lightchain AI Here are some key differences between TRON (TRX) and Lightchain AI: 1. Technological Innovation TRON : Known for its high throughput and scalable blockchain, TRON is designed to support large-scale decentralized applications (DApps). It employs a Delegated Proof-of-Stake (DPoS) mechanism, enabling rapid transaction speeds and low fees. TRON has a strong presence in entertainment, gaming, and DeFi, with ongoing improvements in its core protocol. Lightchain AI : Unlike traditional blockchains, Lightchain AI integrates artificial intelligence with blockchain technology, offering unparalleled capabilities in data processing and decision-making. Its unique algorithmic model ensures enhanced scalability, energy efficiency, and precision in smart contract execution, setting it apart in the realm of intelligent blockchains. 2. Ecosystem Growth TRON : The TRON ecosystem boasts over 184 million accounts and has processed over 6.5 billion transactions. Its thriving DApp ecosystem includes notable projects like JustLend and SunSwap. TRON’s acquisition of BitTorrent has further bolstered its ecosystem by integrating decentralized file sharing. Lightchain AI : Lightchain AI is rapidly building its ecosystem by leveraging partnerships with leading industries in finance, healthcare, and logistics. Its adaptability allows seamless integration with existing systems, enabling enterprises to adopt blockchain solutions without disrupting operations. Though newer, Lightchain AI’s ecosystem is steadily gaining traction due to its specialized focus on AI-powered innovations. 3. Global Reach TRON : TRON has established itself as a global player, with a strong presence in Asia and expanding influence in Europe and North America. Its strategic partnerships, including collaborations with major exchanges and service providers, have reinforced its global reach. Lightchain AI : While Lightchain AI is still in its expansion phase, its strategic focus on enterprise solutions gives it a competitive edge in penetrating untapped markets. Its partnerships with global AI leaders provide a foundation for swift geographical growth. 4. Market Adoption TRON : As one of the most adopted blockchains, TRON has a vast user base, particularly in the entertainment and DeFi sectors. Its integration with Chainlink and Google Cloud highlights its dedication to driving adoption. Lightchain AI : Lightchain AI’s innovative applications in AI and blockchain convergence are attracting interest from enterprise-level users. Its unique use cases position it as a leader in next-generation blockchain adoption. 5. Strategic Outlook TRON : With continued focus on scalability and DeFi, TRON aims to dominate the blockchain entertainment and financial services sectors. Lightchain AI : Positioned as a disruptor, Lightchain AI’s strategic reach lies in transforming industries through AI-driven solutions, giving it a futuristic edge over traditional blockchains. These comparative points highlight the strengths and strategic focus of TRON and Lightchain AI, making them prominent players in the blockchain and artificial intelligence industries. With continuous innovation and expansions, both projects are poised for sustained growth and global impact. What Are the Fields of Lightchain Where TRON Cannot Match? While TRON and Lightchain AI share common goals of advancing blockchain technology, there are certain areas where Lightchain has a clear advantage over TRON. These include: Integration of Artificial Intelligence : Lightchain AI’s integration of artificial intelligence with blockchain technology gives it an edge in data processing and decision-making capabilities, which is not currently possible on the TRON network. Focus on Enterprise Solutions : While TRON has a strong presence in entertainment and DeFi, Lightchain AI’s strategic focus on enterprise solutions positions it to penetrate untapped markets and industries. Sustainability : With its commitment to sustainable development, Lightchain AI stands out as a leader in environmentally responsible blockchain solutions compared to TRON. Why You Should Choose the Lightchain AI Network Lightchain AI’s innovative use cases, strategic partnerships, and commitment to sustainability make it a strong contender in the blockchain industry. 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Seize the Opportunity to Act Quickly Lightchain AI’s presale is now open, offering early adopters and investors an opportunity to get involved in the development of this revolutionary blockchain project. With its innovative technology, strategic partnerships, and potential for global growth, Lightchain AI presents a promising investment opportunity. Don’t miss out on being a part of the future of intelligent blockchains – act quickly and join the Lightchain AI community today! Final Thoughts While TRON (TRX) continues to expand its territories, Lightchain AI stands out with its innovative edge. Its Proof of Intelligence (PoI) consensus redefines how networks reward users, while the Artificial Intelligence Virtual Machine (AIVM) enables advanced, scalable decentralized applications. These breakthroughs place Lightchain AI ahead in delivering real-world value, addressing scalability, and fostering community involvement. 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The post XRP Price Prediction For December 16 appeared first on Coinpedia Fintech News Ripple’s XRP is currently trading slightly above the $2.40 levels and has slipped into the green zone.XRP is maintaining its position above the upper boundary of the trend channel and recently there has been increased volatility in the crypto market, raising hopes for a possible further move upward. The price has experienced a shallow pullback since the local top, and this could be forming a sideways triangle pattern, suggesting market indecision. The pattern is narrowing, and a breakout decision is expected soon. Key Support and Resistance Levels: Support Levels: The key support lies around $2.28 (the internal low of the triangle). A break below this would likely lead to a test of the lower support range between $2 and $2.23. Resistance Levels: The primary resistance lies at $2.53. A break above this could signal the start of a move toward $2.64 to $2.76. Bullish Outlook: If the price breaks above $2.53, this would suggest that the C-wave has started, potentially leading to further gains. The target resistance areas are around $2.64 and $2.76. However, a drop below $2.28 could signal a deeper correction. Bearish Scenario: A break below the red line at $2.28 would invalidate the bullish triangle breakout scenario. In that case, XRP could revisit the lower support levels between $2 and $2.23. Analyst Weighs In According to analyst Josh of Crypto World, XRP had a bullish breakout from a flag pattern, and it’s now retesting the previous resistance, which has flipped to support. If XRP holds above $2.37, the bullish flag pattern targets a price around $3.79, offering a potential 50-60% upside. This target would only be invalidated if the price drops below $2.37, especially if it breaks below $2.28.