Blockchain analytics and visualization platform Bubblemaps is announcing the launch of a new native token alongside the release of new features aimed at turning investors into investigators. In a new announcement on the social media platform X, Bubblemaps introduces the Bubblemaps Token (BMT), the platform’s first native coin. “ANNOUNCING BMT The official Bubblemaps Token – powering the upcoming Intel Desk. Soon.” Bubblemaps, which launched in 2021, visualizes blockchain data by representing digital wallets as interconnected bubbles, which aims to allow users to spot potential red flags, such as concentrated token holdings that could indicate market manipulation risks or other signals. Bubblemaps also announced the launch of a new feature called The Intel Desk in the posting. “The Intel Desk is the first community-driven investigation platform With BMT, users will: Submit cases Vote on what cases matter most Allocate on-chain sleuthing resources” Source: Bubblemaps/X According to the announcement, BMT will launch on Solana ( SOL ) and will give holders access to “advanced” features within the platform itself. Last year, Bubblemaps was involved in the investigation of wrestler Hulk Hogan’s alleged pump-and-dump scheme. “Insiders bought 15% of HULK before it was announced We have found 5 connected wallets that were bought on http://pump.fun before Hulk Hogan shared the contract. Already $200,000 sold and ~$1.5 million unrealized.” 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: DALLE3 The post Blockchain Intelligence Platform Bubblemaps Announces Launch of New Native Token BMT appeared first on The Daily Hodl .
The Cardano price and XRP have recently garnered significant attention, as both DeFi tokens briefly crossed critical levels. However, analysts are now highlighting an intriguing forecast for the emerging RCO Finance. They believe that RCOF could jump from $0.05 to $1 soon, delivering impressive gains to investors who buy in now. Let’s examine the factors driving the new altcoin into the spotlight, which has overshadowed the price prospects for XRP and Cardano. Forget Cardano Price And Let RCO Finnace’s AI Make Profits For You Despite the Cardano price and XRP crossing a key level, RCO Finance (RCOF) appears primed for a significant rally, driven by increasing demand for its unique features designed to improve investors’ trading experience. One of the features is the robo-advisor, an artificial intelligence-based service that distinguishes the platform from traditional decentralized finance platforms. The main advantage of the robo-advisor is thus its ability to analyze data and, given the obtained results, offer the best investment tips. It also offers automatic trading, adjusting investors’ portfolios in real-time according to their risk preferences and financial goals. This allows investors to relax and be confident that their investments are actively managed without constant monitoring. Moreover, investor trust in RCO Finance has been reinforced by a thorough audit from SolidProof, a leading security firm. This audit confirms that the DeFi trading platform meets high-security standards, establishing it as a reliable option for investing in altcoins. With no KYC requirements, traders can engage with the platform without compromising their personal information. This feature protects your identity and simplifies the trading process, making it easier to get started without the usual bureaucratic hurdles.. Cardano Price RSI Signals Overbought Conditions, Analysts Warn The Cardano price has soared to its highest level in seven months, climbing over 40% in the last seven days. This surge is linked to founder Charles Hoskinson’s comments about potentially supporting U.S. crypto policies if Donald Trump is re-elected in 2025. Currently, the Cardano price is trading around $0.53. However, some analysts warn the market may be overheating, with a potential price drop on the horizon. The RSI for Cardano price is at 78.79 , its highest since December 2023, suggesting it may be overbought. This could lead to selling pressure as investors take profits, driving the Cardano price down and ultimately making RCOF surpass it in the DeFi market. XRP Poised To Hit $0.665 But Lawsuit Might Slows Its Growth Down Analysts still maintain an optimistic tone regarding the XRP price outlook, with some convinced it could pierce through the $0.7655 level. However, there is a significant concern regarding the ongoing legal battle between Ripple and the U.S. SEC. The SEC has accused Ripple of raising over $1.3 billion without proper registration. An appeal of a 2023 ruling filed last month could delay a final decision and hinder the XRP price momentum. As a result, RCOF may be a more promising option in the current market rally. RCOF Presale Poised To Shatter Market Expectations With Cardano and XRP at a pivotal moment, major investors reportedly hedge their bets with RCO Finance (RCOF) . This trend is evident in the ongoing token presale, which has already raised over $4.5 million. As of November 3, RCOF is in its third presale stage, with a token price of $0.0559 . Those purchasing RCOF could now see up to 900% returns when the token is listed at an anticipated price of between $0.40 and $0.60. Even more compelling, RCOF’s potential rise to $1 suggests a remarkable 19-fold increase from its current price, surpassing the impressive growth that the Cardano price experienced in 2021. And the exciting part? You can get 50% off the token value using the promo code RCOF50. So, why not join the presale now? For more information about the RCO Finance (RCOF) Presale: Visit RCO Finance Presale Join The RCO Finance Community
The current market action of Ethereum has generated significant interest, especially among its large investors. A whale liquidated 10,070 ETH, resulting in an approximate loss of $1 million. The sell-off transpired as Ethereum’s price faltered in sustaining momentum, hovering around $3,280 during the transaction. Related Reading: Rebound Alert: US Bitcoin ETF Interest Picks Up Speed In 2025 A Whale’s Desperate Maneuver The decision to sell a large amount of ETH is notable. This particular whale knows the market well; it took out 24,029 ETH from Binance a few weeks ago, which is worth about $81 million. Even with this new deal, the whale still has 13,959 ETH, which is worth about $45 million. The speed with which this sell-off has been carried out suggests that there may be underlying factors influencing their strategy. Whales are dumping $ETH at a loss! 9 hours ago, 3 wallets(likely belonging to the same whale) sold 10,070 $ETH for 33M $DAI at $3,280, losing $1M. This whale withdrew 24,029 $ETH($81.3m) from #Binance via 10 new wallets 3 weeks ago and currently holds 13,959 $ETH($45.48M).… pic.twitter.com/5lqFegRu3i — Lookonchain (@lookonchain) January 13, 2025 Bringing Down Market Sentiment The crypto market as a whole is unstable, and Ethereum’s price is following suit. The value of ETH has dropped by 2.50% in the last 24 hours, and it is now worth about $3,177. This drop is the lowest price level in a week and shows why investors are worried about their assets. The mood in the market is changing from excitement to caution as many traders get ready for more price retreats. The Broader Perspective There are other instances of this sell-off. Other prominent players in the Ethereum ecosystem are also unloading their holdings. As part of a systematic transfer strategy, TRON founder Justin Sun recently sent about $320 million in Ethereum to exchanges. These actions suggest that many whales are responding to market conditions by selling their holdings rather than holding onto them in anticipation of potential future gains. Analysts remain somewhat confident in spite of these sell-offs and the overall negative trend. Some predict that Ethereum might hit all-time highs—possibly surpassing $10,000 by the middle of 2025—if market sentiment improves and selling pressure lessens. This optimistic outlook is contingent upon future developments and innovations within the Ethereum ecosystem. Related Reading: Litecoin Price Falters Amid Doubts Over LTC ETF Approval Anticipated Advancements Ahead Ethereum remains appealing to developers and long-term investors. With so many upcoming updates, there is increasing optimism that these advances, which include usability-oriented changes, will increase network confidence. Vitalik Buterin, one of Ethereum’s co-founders, has also advocated for integrating cutting-edge technology like artificial intelligence into Ethereum to increase its appeal. Despite recent price swings, whales continue to express cautious but steady interest in Ethereum. Investors and analysts are closely monitoring its trajectory due to continuous changes and changing market conditions, as there is still a large chance for a rebound. Featured image from Pexels, chart from TradingView
VIRTUAL saw strong buying after price dipped below the $2.50 price leading to a short-term rebound.
On Jan. 9, 2025, congressman Earl Carter proposed a bill replacing the US tax code with a national consumption tax and abolishing the IRS. Earlier this month, the IRS was sued by Blockchain Association over the new reporting rule. Table of Contents New tax system IRS abolition IRS vs the crypto community New tax system The H.R. 25 bill, or The Fair Tax Act of 2025 , was introduced by Rep. Earl “Buddy” Carter (R–GA). The bill challenges the existing U.S. tax code and the taxation policy status quo and aims to promote freedom, fairness, and economic opportunity. The Fair Tax Act calls to repeal the income, payroll, estate, and gift taxes. Instead, the act proposes enacting the sales tax. The Fair Tax Act: ✅Abolishes the IRS ✅Repeals the Tax Code ✅Puts American in charge of their tax rate ✅Forces illegal immigrants to pay taxes & more – read here👇 https://t.co/SjLO4RRaKR — Buddy Carter (@RepBuddyCarter) January 10, 2025 According to the bill, the existing Federal income tax retards the economic growth and international competitiveness of the U.S., discourages small businesses and farms, and downgrades the standard of living of Americans, decreasing the savings and investment rates. On top of that, the bill indicates the harm of the existing unnecessary administrative and compliance cost pressure on individual and corporate taxpayers. Privacy violations and lack of transparency in taxation are other problems associated with the Federal income tax. According to the Fair Tax Act, the Social Security, Medicare payroll taxes, and self-employment taxes hurdles employment rates. The alternative proposed in the bill is a broad-based national sales tax on goods and services purchased for final consumption. The act proposes to tax all consumption of goods and services in the U.S. once, preventing double, multiple, and cascading taxation. According to the bill, it will facilitate savings and investment, improve the standard of living of Americans, help businesses, and undo all other evils associated with the actual tax system. Also, the Fair Tax Act provides notes on how the government should foster the change in the policy. IRS abolition One of the most radical changes proposed in the Fair Tax Act is the Internal Revenue Service abolition. The move is meant to get rid of the bureaucratic burdens on individual and business taxpayers. According to Carter, the tax system introduced in the legislation eliminates the need for the IRS. The taxes should be easy and transparent so that people will not need professional assistance to fill out their taxes. The bill is supported by a number of Republican congressmen, including Barry Loudermilk, Eric Burlison, John Carter, Scott Perry, John Rutherford, Warren Davidson, Andy Biggs, Dale Strong, Rich McCormick, Andy Harris, and Andrew Clyde. The latter noted that the act “provides a commonsense solution to eliminate the need for the weaponized IRS, simplify our tax code, and foster economic prosperity”. Rep. Strong adds that the proposed taxation system will make illegal immigrants pay taxes fairly. IRS vs the crypto community The IRS was sued over the new reporting rules introduced by the service the day the rules were introduced, i.e., on Dec. 28, 2024. The complaint is signed by several organizations, including Blockchain Association, Texas Blockchain Council, and DeFi Education Fund. Read more: IRS targets DeFi: Blockchain groups challenge new broker reporting rule The new reporting rules impose a threat to the well-being of the DeFi sector as it redefines the broker notion. According to the new rules, DeFi platforms will be considered brokers. They will have to provide the transaction info and proceeds to the IRS until 2027. The complaint clears that DeFi platforms are not brokers, and that’s what makes them unique and innovative. As peer-to-peer systems, they don’t depend on brokers or any other intermediaries, so the IRS’ new rules should not apply to them, but they do. The plaintiffs find the rules unconstitutional and harmful to American development and leadership in the crypto industry. They note that if the rules get into effect, this may impact many leading industry brands to find better jurisdictions instead of working in America. Considering this, the IRS abolition may be seen as a possibility to end the service’s attacks on the DeFi ecosystems. However, it is not clear yet if the Fair Tax Act of 2025 will be adopted. The history of the act began back in 1999. Will 2025 be a breakthrough year? We’ll see. You might also like: New crypto haven or US competitor: Russia approves crypto taxation
Das Jahr 2025 verspricht ein spannendes Jahr für den Kryptomarkt zu werden. Mit einer Vielzahl an neuen Projekten und technologischen Innovationen fragen sich viele Anleger: Welche Kryptowährungen haben das größte Potenzial? In diesem Artikel beleuchten wir die Top-Coins und geben einen Einblick in Trends, auf die du achten solltest. Die besten Kryptowährungen 2025 mit hohem Potenzial Der Kryptomarkt entwickelt sich ständig weiter, und 2025 dürfte keine Ausnahme sein. Anleger, die nach den besten Investitionsmöglichkeiten suchen, sollten Coins mit starkem Wachstumspotenzial im Blick behalten. Solche Projekte zeichnen sich durch innovative Technologien, starke Use Cases und eine aktive Community aus. Zu den Kryptowährungen mit hohem Potenzial zählen vor allem solche, die neue Technologien oder Trends bedienen. Besonders der Aspekt der Trends ist am Kryptomarkt sehr wichtig. Projekte, die in den Bereichen Künstliche Intelligenz, Memes oder Gaming tätig sind, gewinnen immer mehr an Bedeutung. Das sind aktuell die Hype-Themen Um die besten Coins auszuwählen, sollten Anleger auf bestimmte Merkmale achten: Technologische Innovation: Projekte mit einzigartigen Lösungen oder neuen Anwendungen. Marktkapitalisierung und Liquidität: Coins mit guter Kurshistorie und ausreichend Handelsvolumen. Starke Community: Eine aktive Nutzerbasis und Support in den sozialen Medien wie X und YouTube ist enorm wichtig. Partnerschaften und Kooperationen: Verbindungen zu etablierten Unternehmen oder anderen Blockchain-Projekten. Einige der vielversprechendsten Kryptowährungen 2025 lassen sich in bestimmte Kategorien einordnen: Memecoins : Hier können die größten Renditen erzielt werden, daher investieren die meisten Privatinvestoren hier ihr Geld. Einen Use Case bieten jedoch wenige Projekte. KI-Coins (aktuell AI Agent Coins): Kryptowährungen, die künstliche Intelligenz nutzen, um Prozesse zu optimieren oder innovative Anwendungen zu ermöglichen. Sie sind besonders in der Datenanalyse und Automatisierung gefragt. Gaming-Tokens: Mit der zunehmenden Verbreitung von Blockchain-Gaming bieten diese Coins Zugang zu virtuellen Gütern, NFTs und Play-to-Earn-Modellen, die Spieler und Investoren gleichermaßen anziehen. Zwei Geheimtipps aus den Bereichen KI und Memes Für das Jahr 2025 möchte ich dir zwei Projekte vorstellen, die noch sehr neu sind und daher durchaus viel Aufwärtspotenzial bieten (aber auch ein erhöhtes Risiko!): Dasha (VVAIFU) im Bereich der Künstlichen Intelligenz und Wall Street Pepe (WEPE) im Meme-Sektor. Dasha (VVAIFU): Dasha ist der erste KI-Agent, der auf der Solana-Blockchain über die Plattform Pumpfun eingeführt wurde. Der Token VVAIFU dient als Hauptwährung der Plattform und verfügt über deflationäre Mechanismen: Jedes Mal, wenn ein Agent gestartet oder Funktionen freigeschaltet werden, müssen Tokens verbrannt werden. Dies könnte das Angebot verringern und den Wert des Tokens potenziell steigern. Aktuell wird VVAIFU zu etwa 0,072 US-Dollar gehandelt, mit einer Marktkapitalisierung von rund 71 Millionen US-Dollar. Wall Street Pepe (WEPE) : Dieser Memecoin zielt WEPE darauf ab, Kleinanlegern exklusive Marktanalysen und Handelsstrategien bereitzustellen, um sie gegenüber großen Investoren zu stärken. Anders als VVAIFU ist WEPE noch nicht auf Börsen erhältlich und kann aktuell nur im Presale gekauft werden. Das bietet aber potenziell die Möglichkeit zu noch größeren Kursgewinnen, sobald der Coin von großen Plattformen gelistet wird. Achte darauf, dass du nur über die offizielle Webseite am Presale teilnimmst, um nicht auf Scam-Webseiten zu landen.
The US Securities and Exchange Commission (SEC) has delayed its decision on whether or not it will approve the Bitwise 10 Crypto Index Fund. This decision comes just 6 days before Gary Gensler, the Chairman of the commission leaves the agency. Per the filing from the commission, this delay is not denial as it requires more time to consider the application. The Bitwise 10 Crypto Index Fund Still Possible According to the notice shared by the markets regulator, it chose to delay the approval or denial of this filing considering the key factors it has to consider. From the time the asset manager filed the Bitwise 10 Crypto Index Fund, the US SEC had an obligation by law to give its consideration within 45 days. The markets regulator filed the decision to delay this proposed rule change three days before the January 17 deadline. Following this delay, the US SEC said it has now fixed at March 3, 2025 as the next tentative date to give its decision on the filing. This is a breaking news, please check back for updates!!! The post Breaking: US SEC Delays Decision on Bitwise 10 Crypto Index Fund appeared first on CoinGape .
Key takeaways : By 2025, the Memecoin price prediction shows it could reach a maximum price of $0.0245. In 2028, the price of Memecoin is predicted to reach a maximum level of $0.0511. Memecoin is expected to cross a price level of $0.0836 in 2031. Analyzing the recent price action, MEME’s price has fluctuated significantly over the past month, with notable resistance and support levels. The bearish trend has been consistent, but the increased trading volume could indicate the potential for a reversal. Despite the current market conditions, long-term projections remain bullish due to Memecoin’s fundamental potential and market positioning. Overview Cryptocurrency Memecoin Token MEME Price $0.01124 Market Cap $399.66M Trading Volume $79.77M Circulating Supply 35.54B MEME All-time High $0.05706 Mar 03, 2024 All-time Low $0.01706 Nov 07, 2023 24-hour High $0.0114 24-hour Low $0.01056 Memecoin price prediction: Technical analysis Metric Value Price Prediction $ 0.037159 (229.87%) Volatility 19.38% 50-Day SMA $ 0.01353 14-Day RSI 41.79 Sentiment Bearish Fear & Greed Index 70 (Greed) Green Days 15/30 (50%) 200-Day SMA $ 0.013861 Memecoin price analysis: MEME shows recovery signs amid increased volatility Key Takeaways: MEME is trading at $0.009037, up by 8.58% in the last 24 hours. The 24-hour trading range is between $0.008245 and $0.00910, reflecting increased volatility. support at $0.00820 acts as the key level for MEME token. As of January 14, 2025, Memecoin is trading at $0.009037, with a significant 24-hour trading volume of $42.93M. This represents an 8.58% gain in the past day, suggesting an improvement in market sentiment. The price movement over the past 24 hours has shown some volatility but generally follows a positive trajectory, with periods of upward momentum. Memecoin’s market capitalization is currently around $325.44M, placing it at rank #223 on CoinMarketCap. With a circulating supply of approximately 36.01 billion MEME coins, the overall market outlook remains cautiously optimistic. 1-day price chart: MEME finds temporary support amid neutral sentiment The 1-day price chart shows Memecoin trading at $0.009037, reflecting an increase in price and market activity. Despite the gains, the token remains below key resistance levels, with $0.010 acting as the next significant target for buyers. On the downside, support has formed near $0.00820, which could stabilize price action in the short term. MEME finds temporary support amid neutral sentiment The RSI of 39.07 on the daily chart indicates that selling pressure has subsided, though the market is still far from entering overbought territory. Meanwhile, the MACD histogram’s shift into the positive territory hints at improving sentiment, though the momentum remains relatively modest. 4-hour price chart: MEME gains momentum after testing local support The 4-hour chart reveals that MEME is consolidating after rebounding from support near $0.00820. The RSI stands at 47.25, signaling balance between buyers and sellers, while the MACD indicates a bullish crossover with the MACD line at 0.00005 and the signal line at -0.00027. This suggests short-term recovery potential, though significant resistance levels must be overcome to sustain the uptrend. MEME gains momentum after testing local support The 24-hour trading volume of $42.93M represents a substantial decline in trading activity (-53.59%), which could limit immediate breakout potential.Traders should closely monitor the key resistance at $0.010 for a potential breakout and support at $0.00820 for signs of further consolidation. A decisive move beyond these levels could define the token’s next directional trend. Memecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.01206 SELL SMA 5 $ 0.011889 SELL SMA 10 $ 0.01148 SELL SMA 21 $ 0.011928 SELL SMA 50 $ 0.01353 SELL SMA 100 $ 0.012646 SELL SMA 200 $ 0.013861 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.011238 BUY EMA 5 $ 0.011745 SELL EMA 10 $ 0.012719 SELL EMA 21 $ 0.013649 SELL EMA 50 $ 0.013684 SELL EMA 100 $ 0.013554 SELL EMA 200 $ 0.015493 SELL What to expect from MEME? Memecoin (MEME) shows mixed signals, making it a speculative investment at the current stage. The token trades at $0.0114, reflecting minor consolidation, with short-term resistance at $0.01157 and strong support at $0.01111. While the price has stabilized following a prior downtrend, broader technical indicators suggest market indecision. Despite this, Memecoin has displayed resilience, holding key support levels and gradually building momentum. Is Memecoin a good investment? Investing in MEME coins can be considered a strategic move for those looking to tap into the viral nature of meme-driven assets. These coins often see rapid appreciation or decrease in value driven by social media trends and community enthusiasm, which can lead to substantial short-term gains. The appeal of MEME coin lies in its potential to capitalize on the widespread attention and excitement surrounding viral tokens, making it an attractive option for investors adept at navigating the volatile crypto market and timing their trades to optimize returns. Will Memecoin recover? Based on the chart and the recent upward movement, Memecoin shows signs of recovery. If this positive trend continues, Memecoin has the potential for further recovery. Will Memecoin reach 10? Given its current price levels and market trends, Meme coin prediction is highly unlikely to reach $10 for Memecoin. Will Memecoin reach 100? Reaching $100 for Memecoin is extremely improbable due to its current price levels and the enormous market capitalization required. Such a drastic increase in prices would necessitate unprecedented growth and adoption. Does Memecoin have a good long-term future? Based on data and the recent upward movement, Memecoin may have the potential for a good long-term future. Positive market trends, adoption, and development will be crucial for its success. Memecoin January price prediction 2025 According to Memecoin’s forecast and technical analysis for January 2025, the cryptocurrency is expected to trade at an average price of $0.0217, a minimum price of $0.0112, and a maximum price of $0.0240. Month Potential Low Potential Average Potential High January $0.0112 $0.0217 $0.0240 Memecoin price prediction 2025 The Memecoin price forecast predicts that in 2025, Memecoin will rise to trade at a maximum value of $0.0245, a minimum value of $0.0100, and an average forecast price of $0.0226. Year Potential Low Potential Average Potential High 2025 $0.0100 $0.0226 $0.0245 Memecoin Price Prediction 2026-2031 Year Minimum Average Maximum 2026 $0.0241 $0.0278 $0.0291 2027 $0.0331 $0.0379 $0.0409 2028 $0.0432 $0.0501 $0.0511 2029 $0.0432 $0.0501 $0.0511 2030 $0.0534 $0.0572 $0.0613 2031 $0.0758 $0.0811 $0.0836 Memecoin price prediction 2026 The price of Memecoin is forecast to reach the lowest possible level of $0.0241 in 2026. The MEME price could reach a maximum possible level of $0.0291, with an average forecast price of $0.0278. Memecoin price prediction 2027 The price of Memecoin is expected to reach a minimum level of $0.0331 in 2027. The MEME price can reach a maximum level of $0.0409 with an average price of $0.0379. Memecoin price prediction 2028 In 2028, the price of Memecoin is predicted to reach a minimum level of $0.0432. The MEME price can reach a maximum level of $0.0511, with an average trading price of $0.0501. Memecoin price prediction 2029 The price of Memecoin is predicted to reach a minimum level of $0.0432 in 2029. It can reach a maximum level of $0.0511 with an average price of $0.0501. Memecoin price prediction 2030 Memecoin is expected to exceed $0.0572 in 2030, reach a minimum price of $0.0534 this year, and reach a maximum price of $0.0613. Memecoin price prediction 2031 The price of Memecoin is forecast to reach its lowest possible level of $0.0758 in 2031. According to expert analysis, it could reach a maximum possible level of $0.0836 with an average forecast price of $0.0811. Memecoin market price prediction: Analysts’ MEME price forecast Firm Name 2025 2026 Gov.Capital $0.0216 $0.0509 DigitalCoinPrice $0.0245 $0.0291 CoinCodex $0.01672 $0.0535 Memecoin price prediction by Cryptopolitan According to Cryptopolitan, MEME will experience tremendous growth as it can achieve new highs in price points and market cap. Meanwhile, Memecoin is expected to reach a minimum price of $0.0100. The maximum price may reach $0.0245 in 2025. Memecoin historic price sentiment Memecoin was launched on 28th October by the renowned internet humor platform 9GAG and has quickly become a significant player in the meme coin market. The Memecoin garnered immense popularity through a unique launch strategy involving a fire sale and strategic social media airdrops to cultivate a robust and dedicated community. This approach proved highly successful. The fire sale raised over $11 million and sold more than 11.4 billion MEME tokens at $0.001 each, representing a 150% surge from what the team initially planned. Looking at its price history since 27th October 2020, MEME saw its first price pump on the same day, reaching a high of $0.02868. The MEME token price remained above $0.0020 until 7 November, when a minor pullback occurred below the $0.0200 level. By April 2021, the price skyrocketed, reaching an all-time high of over $0.05 as meme-driven tokens gained massive popularity due to social media hype and celebrity endorsements. However, following this rally, the price retraced sharply by June 2021, stabilizing around $0.02-$0.03. After a quiet 2022, Memecoin regained attention in 2023 due to renewed interest in memecoins and a crypto market recovery. A mid-year rally faced resistance, stabilizing at $0.015–$0.02, but by year-end, the price stagnated amid regulatory scrutiny and waning investor enthusiasm. In 2024, MEME saw price fluctuations: recovering to $0.026 in January with a crypto market surge, dropping to $0.012 by July amid weak sentiment, and rebounding to $0.017 in November with community-driven campaigns, ending the year trading between $0.01624 and $0.018. In January 2025, Memecoin’s price is hovering around $0.01128 – $0.0116.
SEC delays decision on Bitwise ETF, extending review to March 2025 amid evaluation of new crypto investment products. The post SEC delays decision on Bitwise 10 Crypto Index ETF application appeared first on Crypto Briefing .
Forget about rate cuts this year. The Federal Reserve is not budging, no matter how much Wall Street begs for a break. Inflation is being stubborn, the labor market refuses to chill, and the government is racking up deficits like there’s no tomorrow. According to Bank of America, there’s no chance the Fed will cut rates in 2025. “Inflation is stuck above target,” said economist Stephen Juneau. “Activity is strong, and the labor market now appears to have stabilized.” This isn’t what anyone wanted to hear. Just a few months ago, Fed officials hinted at cutting rates by a full percentage point in 2025. By December, that was slashed in half. Inflation reports and a labor market that won’t quit This week, all eyes are on two Bureau of Labor Statistics reports. The producer price index (PPI) dropped on Tuesday, and it’s gonna be followed by the consumer price index (CPI) on Wednesday. Both will show just how sticky inflation still is. There has been a 0.3% monthly increase in December for PPI, with the core number (excluding food and energy) rising the same amount. November’s annual PPI rate hit 3%, while core inflation hit 3.5%—the highest numbers since February 2023. CPI isn’t looking much better. Forecasters expect a 0.3% bump in headline inflation and a 0.2% rise in core inflation for December. On a yearly basis, those numbers translate to 2.9% and 3.3%, respectively. The Federal Reserve wants inflation at 2%. These numbers scream, “Not happening.” Meanwhile, the labor market continues to complicate things. December’s nonfarm payroll report showed 256,000 new jobs added, and the unemployment rate dropped to 4.1%. The Fed’s dual mandate of stable prices and full employment is colliding, making it almost impossible to justify cutting rates. Juneau even suggested the Fed might go in the opposite direction. “The risks for the next move are skewed toward a hike,” he said. The Fed relies on the personal consumption expenditures (PCE) price index for its inflation forecasts, but both PPI and CPI feed into that data. If core PCE inflation exceeds 3% or long-term inflation expectations become unanchored, rate hikes could be back on the table. For now, the central bank is expected to hold rates steady. According to the CME Group’s FedWatch tool, there’s almost no chance of a rate change at the January 28–29 meeting. As for the rest of the year, traders are leaning toward no cuts at all. Government deficits and ballooning debt While the Federal Reserve wrestles with inflation and employment, the federal government is swimming in red ink. December’s deficit came in at $86.7 billion, which sounds like an improvement—until you look at the bigger picture. The first quarter of the fiscal year saw a $710.9 billion shortfall, up a staggering 39.4% from the same period last year. Spending is up, tax revenue is down, and financing costs are through the roof. The national debt has now crossed $36 trillion. Interest payments alone have hit $308.4 billion so far in fiscal 2025, up 7% from last year. By year’s end, those costs are expected to top $1.2 trillion, breaking the record set in 2024. The government spends more on interest than on anything else—except Social Security, defense, and health care. Treasury yields aren’t helping. While short-term yields have stayed steady, long-term rates are climbing. The 10-year Treasury note recently hit 4.8%, up 0.4 percentage points in just a month. Rising yields make it more expensive for the government to borrow, adding to the already massive debt pile. At the same time, government spending is soaring. Outlays for the first quarter were 11% higher than last year, while tax receipts fell by 2%. It’s a brutal combination that shows no signs of letting up. This fiscal chaos makes it even harder for the Fed to justify easing rates. Cutting rates could fuel inflation, which is the last thing anyone wants right now. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap