Ether hits a four-year low against Bitcoin, signaling significant market concerns. Experts attribute Ethereum's struggles to Bitcoin's strength and scalability issues. Continue Reading: Ether Struggles as Bitcoin Surges: Analyzing the ETH/BTC Ratio’s Historic Drop The post Ether Struggles as Bitcoin Surges: Analyzing the ETH/BTC Ratio’s Historic Drop appeared first on COINTURK NEWS .
CoinTurk News 2025-01-30 14:05
The XRP price is expected to rise sharply in the current trading session, with experts indicating a positive outlook for the XRP token as investors keenly await a decision on the Ripple spot approval. Amid the buzz over XRP’s potential price hike and the Ripple ETF approval, DTX Exchange is making headlines with a remarkable $13.2 million presale success. This hybrid exchange might overtake Cardano in market standing. Although ADA is also on an upward trajectory, DTX Exchange's market excitement gives it an edge over Cardano. XRP Price Insights: Impact on Spot Ripple ETFs On Saturday, XRP's price increased by 0.25%, partially offsetting Friday's 0.61% loss, closing at $3.1078. During the day, XRP traded within a narrow margin between $3.0772 and $3.1420 as investors anticipated updates regarding the SEC appeal. Meanwhile, the wider crypto market saw a 0.12% uptick, pushing the total market cap to $3.53 trillion. The SEC's approach to the Ripple case was the main talking point on Saturday, January 25. On Thursday, January 23, the SEC conducted a closed meeting, likely addressing enforcement actions including the Ripple case and the eagerly awaited Ripple ETF approval. The short-term trends for XRP's price are closely tied to the SEC's appeal tactics and the progress towards establishing a Ripple ETF market. If the appeal is dropped, XRP's price could surpass its all-time high of $3.5505. Should the SEC approve the pending spot Ripple ETF applications, Ripple might even break the $4 threshold. Conversely, if the appeal proceeds and the ETF applications are rejected, XRP's price could fall below $2. ADA Price Forecast: Elliot Wave Indicates Cardano’s Rise to $2 The ADA price could be driven by an increase in developers on the Cardano network. According to Santiment data, Cardano ranked third in development activity over the past 30 days, following Internet Computer and Hedera Hashgraph. This trend is also visible on DeFi Llama, where developers have made nearly 2,000 commits this month, a substantial rise from the 709 in December. This month's commits are the highest since August of the previous year. The number of core developers has also surged to 40, marking the highest point in almost three months. Cardano boasts strong technical indicators on the weekly chart. Firstly, the ADA price established a triple-bottom chart pattern near the $0.215 level, a point it hasn't dipped below in the past three years. Its neckline was at $0.810, the highest swing in March 2024. Cardano surpassed this level last November and retested it, a common continuation signal. Secondly, ADA's price has initiated an impulse wave as part of the Elliot Wave Pattern. The first phase peaked at $1.327, aligning with the 38.2% Fibonacci Retracement level. It is currently in the second wave, with the third wave, typically the longest, on the horizon. The third phase might propel it to $2, which aligns with the 61.8% retracement level. However, Cardano's market progress pales in comparison to DTX's rapid rise. DTX Exchange (DTX) Experiences a 700% Price Increase During Presale DTX Exchange (DTX) has emerged as a standout in its presale phase, potentially revolutionizing online trading. Early adopters of this crypto ICO are reaping a 700% profit. With the presale now in its eighth stage, further price increases are anticipated. Interest in DTX Exchange is at an all-time high following the recent launch of its hybrid trading platform. This platform allows traders to access over 120,000 asset classes, including CFDs, FX, and cryptocurrencies. The platform's transaction speeds, as fast as 0.04 seconds, and the absence of KYC checks upon sign-up, have attracted over 300,000 users so far. The native DTX token will power this platform and its ecosystem, which features the Phoenix Wallet—a new secure custody solution for cryptocurrencies, stocks, and more. By holding this altcoin, users can earn a share of the platform's trading fee revenue and additional benefits. Currently priced at $0.16, the DTX price is expected to rise to $0.20 upon its imminent listing on a Tier-1 crypto exchange like Uniswap, potentially making DTX one of the top-performing crypto coins this quarter. Key Highlights DTX Exchange is poised to overtake Cardano as the top investment during this bull market, while ADA's price faces challenges. The XRP price is anticipated to climb significantly post-Ripple ETF approval. Consequently, XRP's price increase and DTX's swift rise are the main topics of discussion in this session. Learn more: Buy Presale Visit DTX Website Join The DTX Community
Bitzo 2025-01-30 14:01
Bitcoin’s Early Opportunity Returns With OFFICIALMAGACOIN.COM Bitcoin’s (BTC) early investors saw life-changing gains, but for those who missed out, THE OFFICIALMAGACOIN is emerging as the next major crypto opportunity. XRP and Solana (SOL) holders are flocking to OFFICIALMAGACOIN, with analysts comparing its growth potential to the early days of crypto’s biggest names. Why OFFICIALMAGACOIN Is Taking Over 1. Explosive Early Adoption Raising $1 million in minutes, THE OFFICIALMAGACOIN is proving to be a high-demand asset, attracting XRP and SOLANA holders who recognize its massive potential. 2. Exclusivity Drives Demand Unlike widely available tokens like ADA and DOT, THE OFFICIALMAGACOIN is sold exclusively at OFFICIALMAGACOIN , giving early adopters a unique advantage before the token hits wider markets. 3. High Growth Potential Experts believe THE OFFICIALMAGACOIN could surpass ADA and NEAR in growth trajectory, with its early-stage momentum positioning it for exponential returns. How It Compares to Competitors XRP: Dominant in payments but lacks the early-stage potential of THE OFFICIALMAGACOIN. ADA: A reliable blockchain, yet its growth is steady compared to this explosive newcomer. NEAR Protocol: Strong in innovation but hasn’t matched the presale performance of THE OFFICIALMAGACOIN. DOT: Known for interoperability but outpaced by the excitement surrounding this exclusive token. Your Next Opportunity Is Here XRP and SOLANA holders aren’t missing out—neither should you. With exclusive availability, rapid adoption, and massive growth potential, THE OFFICIALMAGACOIN is proving to be the next big thing in crypto. Secure your tokens now, exclusively at OFFICIALMAGACOIN.COM ! Website: officialmagacoin.com X/Twitter: https://x.com/officialMAGAx Continue Reading: Could OFFICIALMAGACOIN.COM, BITCOIN, and SOLANA Be the $100-to-$1M Trade of the Year?
BitcoinSistemi 2025-01-30 14:00
If more traders experience losses, it could extend Shiba Inu's downtrend.
AMB Crypto 2025-01-30 14:00
According to information received, Thodex CEO Fatih Özer, who is facing up to 11,462 years in prison for defrauding thousands of people, appeared before the judge today. While a decision was made to release Özer for the crime of establishing an organisation, it was decided that his detention would continue for the crime of fraud. Faruk Fatih Özer, the founder of cryptocurrency exchange Thodex, who was caught in Albania on August 30, 2022 and brought to Turkey on April 20, 2023, was caught in Albania and extradited to Turkey and arrested. *This is not investment advice. Continue Reading: JUST IN! Release Decision Regarding Thodex CEO Fatih Özer! But He Will Not Be Released!
0.20% of stETH supply along with 0.21% of WLD supply and 0.14% of RSR supply moved to CEXs. The move suggests a possible sale by investors, taking advantage of the recent price rallies. The total altcoin market cap, except BTC and ETH, hit a high of $1.03 trillion, hitting a resistance wall. A large amount of altcoins are moving to centralized exchanges, a potentially bearish sign for crypto market participants. Blockchain analysis platform Santiment highlighted the developments for leading altcoins, including Mantra (OM), Worldcoin (WLD), Movement (MOVE), stETH, Reserve Rights (RSR), and Maker (MKR). Large inflows of altcoins to exchanges typically indicate that holders may be looking to sell. This can lead to increased selling pressure and potential price declines. There could be multiple reasons for this transfer, including profit-taking, fear of further declines, or macroeconomic events affecting the broader crypto market. According to a post on X (formerly Twitter) by Santiment, a substantial 0.21% of WLD supply moved to Bybit along with 0.20% supply of stETH and OM being moved to Bybit and Binance, respectively. Also, 0.14% of the RSR supply went … The post Altcoin Sell-Off Signal? Large Transfers to Exchanges Spark Bearish Concerns appeared first on Coin Edition .
Coin Edition 2025-01-30 14:00
Institution-focused digital asset technology and trading firm BlockFills is collaborating with CoinDesk Indices to launch options tied to the CoinDesk 20 Index (CD20). The CoinDesk 20 Index, which debuted a year ago, measures the performance of leading digital assets, catering to institutional demand for diverse tradable products beyond bitcoin (BTC) and ether (ETH). The availability of options means traders can speculate on volatility and time in addition to price direction, bringing professional liquidity to the index. Options are derivative contracts that give the holder the right to buy or sell the underlying asset at a predetermined price on or before a specific date. The ongoing crypto bull run, led by the institutionalization of bitcoin, has seen investors embrace options tied to BTC and crypto-linked products, including alternative investment vehicles like spot ETFs. "As the digital assets market continues to mature, qualified institutional market participants are demanding a foundational reference index to trade, invest and measure performance,” said Perry Parker, head of options trading at BlockFills. Institutions are already participating in BlockFills's CD20 options, with digital asset manager and multi-strategy crypto fund Hyperion Decimus executing the first transaction this month. "The BlockFills CoinDesk 20 index options market is a unique solution for professionals managing a portfolio within this asset class, and we are thrilled to kick off trading of the product," said Chris Sullivan, Principal at Hyperion Decimus. "HD seeks to utilize the derivative for both hedging and directional trades," Sullivan added.
CoinDesk 2025-01-30 14:00
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is trading positively with the Fed risk event out of the way, focusing on positives such as the crypto-friendly president in the White House, the renewed upswing in Tether's market, and the bullish Chinese New Year effect . Among cryptocurrencies with $5 billion-plus market valuations, the standout performer is litecoin (LTC), the silver to bitcoin's gold, which has jumped more than 11% since the early Asian hours compared with gains of 1% to 3% for the rest. It is the third-best performing of the top 100 coins in the past 24 hours, thanks to the SEC acknowledging Canary Capital’s Litecoin ETF proposal. That has opened for public feedback, a move that hints at potential approval in the coming months. "This is the first altcoin ETF filing to get acknowledged," Bloomberg Senior ETF analyst Eric Balchunas said on X, noting that the proposal is the one to make the most progress in regulatory requirements. A potential listing could be as positive for LTC as it has been for BTC and ETH. Note that despite the price surge to $130, LTC is still well short of the $410 record high hit in 2021. Its price chart shows a constructive outlook (check out the Technical Analysis section below). In other key developments, on-chain activity tracked by Glassnode shows a lower level of retail participation in BTC right than in November. That's encouraging for bulls looking for cues on whether the latest move above $100,000 is sustainable. Meanwhile, Lombard Finance is becoming more dominant in the bitcoin staking space, capturing a giant share of the total BTC staked this week. The number of Ethereum's active addresses recently topped a March 2024 high, signaling a renewed uptick in the on-chain activity, according to IntoTheBlock data. Ether's price has crossed above $3,200 but is yet to clear the bearish trendline connecting the Dec. 16 and Jan. 6 highs. In traditional markets, the yield on the benchmark U.S. 10-year Treasury note has dropped to 4.50%, revisiting Monday's low in a bullish move for risk assets. Those bullish on BTC may be hoping for U.S. core PCE inflation to come in softer-than-expected later today, driving the bond yield even lower. That said, we will also get fourth-quarter GDP alongside the weekly jobless claims report. Meanwhile, European gas prices have surged to a 15-month high and could inject some volatility into risk assets. Stay alert! What to Watch Crypto: Jan. 31: Crypto.com is suspending purchases of cryptocurrencies USDT, WBTC, DAI, PAX, PAXG, PYUSD, CDCETH, CDCSOL, LCRO, and XSGD in the EU to comply with MiCA regulations. Withdrawals will be supported through Q1. Feb. 2, 8:00 p.m.: Core blockchain Athena hard fork network upgrade (v1.0.14) Feb. 4: Pepecoin (PEPE) halving . At block 400,000, the reward will drop to 31,250 PEPE. Feb. 5, 3:00 p.m.: Boba Network’s Holocene hard fork network upgrade for its Ethereum-based layer-2 mainnet. Feb. 5 (after market close): MicroStrategy (MSTR) Q4 FY 2024 earnings . Feb. 6, 8:00 a.m.: Shentu Chain network upgrade (v2.14.0). Feb. 11 (after market close): Exodus Movement (EXOD) Q4 2024 earnings . Feb. 12 (before market open): Hut 8 (HUT) Q4 2024 earnings . Feb. 13 (after market close): Coinbase Global (COIN) Q4 2024 earnings . Feb. 15: Qtum (QTUM) hard fork network upgrade at block 4,590,000. Feb. 18 (after market close): Semler Scientific (SMLR) Q4 2024 earnings . Feb. 20 (after market close): Block (XYZ) Q4 2024 earnings . Feb. 26: MARA Holdings (MARA) Q4 2024 earnings . Feb. 27: Riot Platforms (RIOT) Q4 2024 earnings . Macro Jan. 30: At a meeting of the Czech National Bank board, Governor Aleš Michl is presenting his plan for the central bank to adopt bitcoin as a reserve asset. Jan. 30, 8:15 a.m.: The ECB announces its interest-rate decision. This is followed by a press conference at 8:45 a.m. Livestream link . Deposit Facility Rate Est. 2.75% vs. Prev. 3%. Main Refinancing Rate Est. 2.9% vs. Prev. 3.15%. Marginal Lending Rate Prev. 3.4%. Jan. 30, 8:30 a.m.: The U.S. Bureau of Economic Analysis (BEA) releases Q4 Advance GDP report. GDP Growth Rate QoQ Est. 2.8% vs. Prev. 3.1%. GDP Price Index QoQ Est. 2.5% vs. Prev. 1.9%. Initial Jobless Claims for Week Ended Jan. 25 Est. 220K vs. Prev. 223K. Continuing Jobless Claims Est. 18900K vs. Prev. 1899K. Core PCE Prices QoQ Est. 2.5% vs. Prev. 2.2%. PCE Prices QoQ Prev. 1.5%. Real Consumer Spending QoQ Prev. 3.7%. Jan. 30, 4:30 p.m.: The Federal Reserve releases H.4.1 report on Factors Affecting Reserve Balances for the week ended Jan. 29. Balance Sheet Prev. $6.83T. Jan. 30, 6:30 p.m.: Japan’s Ministry of Internal Affairs and Communications releases December unemployment report. Unemployment Rate Est. 2.5% vs. Prev. 2.5%. Jan. 30, 6:50 p.m.: Japan’s Ministry of Economy, Trade and Industry releases December industrial production (preliminary) report. Industrial Production MoM Est. 0.3% vs. Prev. -2.2%. Industrial Production YoY Prev. -2.8%. Retail Sales MoM Prev. 1.8%. Retail Sales YoY Est. 3.2% vs. Prev. 2.8%. Jan. 31, 8:30 a.m.: The U.S. Bureau of Economic Analysis (BEA) releases December 2024’s Personal Income and Outlays report. Core PCE Price Index MoM Est. 0.2% vs. Prev. 0.1%. Core PCE Price Index YoY Est. 2.8% vs. Prev. 2.8%. PCE Price Index MoM Est. 0.3% vs. Prev. 0.1%. PCE Price Index YoY Est. 2.6% vs. Prev. 2.4%. Token Events Governance votes & calls Rarible DAO is voting whether to grant the Rari Foundation a mandate to collaborate with Rarible on implementing multichain protocol fee collection and designing a primary protocol fee structure for NFT mints. CoW DAO is voting on granting its Core Treasury Team an allocation of 80 million COW tokens to support liquidity provisioning, treasury growth, and product development for CoW DAO from 2025 to 2028. Synapse DAO is voting on upgrading SYN token to CX from the Cortex Protocol and holders of both enjoy the same value. Unlocks Jan. 31: Optimism (OP) to unlock 2.32% of circulating supply worth $46.39 million. Feb. 1: Sui (SUI) to unlock about 2.13% of its circulating supply worth $261.91 million. Feb. 2: Ethena (ENA) to unlock about 1.34% of its circulating supply worth $29.53 million. Token Listings Jan. 30: Pepe (PEPE) to be listed on Bitflyer. Conferences: Day 2 of 3: Crypto Peaks 2025 (Palisades, California) Jan. 30, 12:30 p.m. to 5:00 p.m.: International DeFi Day 2025 (online) Day 1 of 2: Ethereum Zurich 2025 Day 1 of 2: Plan B Forum (San Salvador, El Salvador) Day 1 of 3: Crypto Gathering 2025 (Miami Beach, Florida) Day 1 of 3: CryptoXR 2025 (Auxerre, France) Day 1 of 4: Oasis Onchain 2025 (Nassau, Bahamas) Day 1 of 6: The Satoshi Roundtable (Dubai) Feb. 3: Digital Assets Forum (London) Feb. 5-6: The 14th Global Blockchain Congress (Dubai) Feb. 6: Ondo Summit 2025 (New York). Feb. 7: Solana APEX (Mexico City) Feb. 13-14: The 4th Edition of NFT Paris . Feb. 18-20: CoinDesk's Consensus Hong Kong Feb. 19: Sui Connect: Hong Kong Feb. 23-March 2: ETHDenver 2025 (Denver, Colorado) Feb. 25: HederaCon 2025 (Denver) Token Talk By Shaurya Malwa The JELLY token soared to a $200 million market capitalization in latest example of Web2 startup founders launching their own tokens. The token was launched by Sam Lessin, a co-founder of Venmo, to bootstrap and gain traction for a new video chat app called Jelly. JELLY is integrated into Jelly eSports, which includes features like Solana Boxes, a loot box game where players can win luxury items by spinning with SOL or JELLY tokens. Fees from using JELLY are dynamically allocated to burning, staking, liquidity provision incentives, gamification and team support. Derivatives Positioning Litecoin's perpetual futures open interest has surged nearly 20% in 24 hours with positive net cumulative volume delta (CVD) signaling net buying. TRX, SUI and BTC also boast of a positive net CVD. BTC and ETH CME futures premiums tick higher in a sign of traders chasing bullish exposure. On Deribit, BTC and ETH calls continue to trade pricier than puts. Block flows have been mixed, featuring calendar spreads and short vol strategies like short straddles. Market Movements: BTC is up 0.86% from 4 p.m. ET Wednesday to $105,190.06 (24hrs: +2.46%) ETH is up 2.63% at $3,134.98 (24hrs: +2.62%) CoinDesk 20 is up 1.74% to 3,826.50 (24hrs: +2.41%) CESR Composite Staking Rate is down 3 bps to 3.03% BTC funding rate is at 0.0092% (10.12% annualized) on Binance DXY is unchanged at 107.98 Gold is up 0.91% at $2,778.26/oz Silver is up 1.11% at $31.05/oz Nikkei 225 closed +0.25% to 39,513.97 Hang Seng closed +0.14% to 20,225.11 FTSE is up 0.34% at 8,587.03 Euro Stoxx 50 is up 0.73% at 5,269.01 DJIA closed on Wednesday -0.31% to 44,713.52 S&P 500 closed -0.47% to 6,039.31 Nasdaq closed -0.51% to 19,632.32 S&P/TSX Composite Index closed +0.21% to 25,473.30 S&P 40 Latin America closed unchanged at 2,336.48 U.S. 10-year Treasury is down 3 bps at 4.51% E-mini S&P 500 futures are up 0.33% at 6,087.50 E-mini Nasdaq-100 futures are up 0.49% at 21,627.75 E-mini Dow Jones Industrial Average Index futures are up 0.38% at 45,062.00 Bitcoin Stats: BTC Dominance: 59.53 (-0.51%) Ethereum to bitcoin ratio: 0.03054 (1.73%) Hashrate (seven-day moving average): 774 EH/s Hashprice (spot): $62.2 Total Fees: 4.82 BTC/ $494,506 CME Futures Open Interest: 170,105 BTC BTC priced in gold: 38.0 oz BTC vs gold market cap: 10.80% Technical Analysis LTC has broken out of a multimonth basing pattern, indicating a renewed bullish shift in momentum. Resistance is seen at $150 followed by $300, with support at $86, the December swing low. Crypto Equities MicroStrategy (MSTR): closed on Wednesday at $341.25 (+1.58%), up 0.87% at $343.86 in pre-market. Coinbase Global (COIN): closed at $291.00 (+3.26%), up 0.69% at $293 in pre-market. Galaxy Digital Holdings (GLXY): closed at C$29.09 (+4.38%). MARA Holdings (MARA): closed at $18.42 (+0.88%), up 0.87% at $18.58 in pre-market. Riot Platforms (RIOT): closed at $11.22 (+2.47%), up 1.52% at $11.39 in pre-market. Core Scientific (CORZ): closed at $11.88 (+1.33%), up 3.66% at $11.88 in pre-market. CleanSpark (CLSK): closed at $10.26 (+2.09%), up 1.07% at $10.37 in pre-market. CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $11.22 (+1.58%). Semler Scientific (SMLR): closed at $52.08 (-0.42%), down 0.15% at $52 in pre-market. Exodus Movement (EXOD): closed at $89.30 (+11.4%), up 5.88% at $94.55 in pre-market. ETF Flows ETF Flows Spot BTC ETFs: Daily net flow: $92 million Cumulative net flows: $39.6 billion Total BTC holdings ~ 1.17 million. Spot ETH ETFs Daily net flow: -$4.82 million Cumulative net flows: $2.66 billion Total ETH holdings ~ 3.6 million. Source: Farside Investors Overnight Flows Chart of the Day The chart shows BTC spent by wallets owned by small and retail investors and whales. Small addresses are currently spending $10.7 million in BTC each hour, a 48% decline from the peak of $20.6 million in November. While You Were Sleeping Crypto Consortium T3 Helps Spanish Authorities Freeze $26.4M Linked to Crime Syndicate (CoinDesk): The T3 Financial Crime Unit, comprising investigators from Tron, Tether and TRM Labs, helped dismantle a European crime syndicate laundering money through cryptocurrency. Pudgy Penguins’ Layer 2 Network, Abstract, Struggles to Attract Liquidity (CoinDesk): Abstract has struggled to attract liquidity since starting up on Jan. 27 with heavy transaction volume. Polymarket Still Skeptical of U.S Bitcoin Reserve Despite David Sacks' Assurance (CoinDesk): The Polymarket prediction market assigns just a 16% chance that President Trump will establish a U.S. bitcoin reserve. Bitcoin Extends Advance After Fed Meeting, Powell Commentary (Bloomberg): Bitcoin climbed past $105,000 early Thursday after comments some traders saw as pro-crypto by Fed Chair Jerome Powell at Wednesday’s press conference. Trump Lashes Out at a Favorite Nemesis: The Federal Reserve (The Wall Street Journal): Shortly after the Fed’s FOMC press conference ended, President Trump posted on Truth Social criticizing Powell for his handling of U.S. inflation. France’s Shrinking Economy Betrays Urgent Need to Overcome Budget Wrangles (CNBC): France’s economy contracted 0.1% in Q4, heightening urgency for Prime Minister François Bayrou to navigate political deadlock and pass a 2025 budget. In the Ether
Bitcoin (BTC) may be on the verge of a significant rally , mirroring the uptrend in gold (XAU) , according to cryptocurrency analyst Michaël van de Poppe . Posting on X , van de Poppe highlighted that gold is on track to reach a new all-time high , suggesting that Bitcoin could follow a similar path . Cointelegraph also noted that Bitcoin has historically mirrored gold’s price movements , typically with a delay of several months , indicating that BTC could be primed for a major surge as gold climbs higher. Gold’s Uptrend and Its Impact on Bitcoin Gold is currently experiencing a strong upward trajectory , driven by economic uncertainty, inflation concerns, and demand for safe-haven assets . Key Factors Driving Gold’s Price: Economic Uncertainty – Investors are turning to gold as a hedge against inflation and market volatility . Inflation Hedge – With inflation concerns rising, gold is seen as a store of value . Central Bank Policies – Gold prices are supported by central bank purchases and monetary policies . As gold approaches new all-time highs, Bitcoin—often referred to as “digital gold”—is expected to follow suit , potentially reaching new price levels. Bitcoin and Gold: A Historical Correlation Bitcoin and gold have shown a notable correlation in past market cycles, with BTC often mirroring gold’s trends . How Bitcoin Has Followed Gold in the Past: Price Movements: When gold rises , Bitcoin typically follows with a slight delay . Market Sentiment: Both assets benefit from increased demand during times of economic uncertainty . Safe-Haven Status: Investors view Bitcoin as a digital alternative to gold , especially during fiat currency devaluation . According to historical data, Bitcoin has lagged behind gold by a few months but generally follows a similar upward trend . Michaël van de Poppe’s Analysis: BTC Set for a Surge? Van de Poppe’s analysis suggests that Bitcoin is entering a critical phase , with the potential for a major breakout if gold continues its climb. Key Points from Van de Poppe’s Analysis: Gold Near All-Time Highs: Gold is approaching record levels, indicating strong bullish momentum . Bitcoin Mirroring Gold: BTC has a history of trailing gold’s performance by a few months, suggesting upside potential . Macro Trends Align: With economic instability and inflation concerns , both gold and Bitcoin are gaining investor interest . Van de Poppe emphasizes that Bitcoin could see significant gains as it follows gold’s bullish trajectory . What’s Next for Bitcoin and Gold? Bitcoin Breakout Potential: If gold reaches new all-time highs, Bitcoin could rally to match or surpass its previous highs . Investor Sentiment: Institutional interest in Bitcoin is rising, aligning with the demand for safe-haven assets like gold. Long-Term Growth: Both gold and Bitcoin are positioned as key assets for portfolio diversification and inflation protection . As gold continues to gain momentum, Bitcoin’s price could rise , supported by similar macroeconomic conditions and investor demand. FAQs Why is Bitcoin expected to follow gold’s uptrend? Bitcoin has historically mirrored gold’s price movements , often with a delay of several months , due to shared demand as safe-haven assets . How does gold’s price affect Bitcoin? Gold’s rise signals investor demand for inflation hedges and safe-haven assets , which often leads to increased interest in Bitcoin as well. What factors are driving gold’s price up? Gold is benefiting from economic uncertainty, inflation concerns, and central bank purchases , which are pushing prices toward new highs . How could Bitcoin benefit from gold’s uptrend? If Bitcoin follows its historical pattern, it could see a major price rally , especially as institutional investors seek digital alternatives to gold . What should investors watch next? Investors should monitor gold’s price movements, macroeconomic conditions, and Bitcoin’s correlation to gold for potential trading opportunities . Conclusion As gold approaches new all-time highs , Bitcoin is expected to follow a similar uptrend , potentially reaching new price levels in the coming months. According to analyst Michaël van de Poppe , BTC’s historical correlation with gold suggests that strong gains may be ahead for the leading cryptocurrency. With rising inflation and economic uncertainty , both gold and Bitcoin are emerging as key assets for portfolio diversification and long-term value storage . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
Bitcoin World 2025-01-30 13:58
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts, but its lack of utility has left many investors searching for more promising opportunities. Lightchain AI is emerging as a serious contender, offering cutting-edge technology and significant growth potential. During its presale, Lightchain AI raised $13.5 million, with tokens priced at $0.00525. With innovative features and a strategic vision, the platform is already being touted as a project with the potential for 20x returns. Real-World Utility Through AI-Powered Solutions Unlike Dogecoin, which thrives on hype and community support, Lightchain AI is built on delivering real-world utility. The platform’s focus on AI-powered decentralized applications (dApps) enables businesses and developers to tackle complex computational tasks on the blockchain. These tasks include advanced data modeling, AI-driven analytics, and real-time automation. By seamlessly integrating artificial intelligence with blockchain, Lightchain AI offers practical use cases across multiple industries, ensuring that its value extends far beyond speculation. This focus on functionality makes Lightchain AI an attractive investment option for those seeking tangible long-term returns. Tokenomics Designed for Long-Term Growth Lightchain AI’s well-structured tokenomics model further sets it apart as a strong alternative to Dogecoin. With a total supply capped at 10 billion tokens , the platform has allocated resources strategically to support its ecosystem. For instance, 5% of tokens are reserved for marketing and partnerships, ensuring global awareness and adoption, while 6.5% is dedicated to a treasury fund for operational sustainability. This balanced allocation ensures that Lightchain AI can scale effectively while maintaining economic stability, a stark contrast to Dogecoin’s inflationary supply model. The platform’s emphasis on sustainability adds another layer of appeal for investors seeking reliable growth. Early Adoption and Developer Engagement One of Lightchain AI’s key strategies for growth is its commitment to fostering early adoption through developer engagement. The platform offers a comprehensive suite of resources, including a sandbox environment where developers can test and deploy dApps risk-free. By providing accessible tools and incentives, Lightchain AI is actively encouraging innovation within its ecosystem. This proactive approach has already begun to attract a diverse community of developers and businesses, further solidifying its position as a platform designed for real-world adoption . As Lightchain AI continues to grow its ecosystem, its potential for exponential returns becomes increasingly apparent. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol
Crypto Daily 2025-01-30 13:57
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts, but its lack of utility has left many investors searching for more promising opportunities. Lightchain AI is emerging as a serious contender, offering cutting-edge technology and significant growth potential. During its presale, Lightchain AI raised $13.5 million, with tokens priced at $0.00525. With innovative features and a strategic vision, the platform is already being touted as a project with the potential for 20x returns. AI-Driven Solutions for Practical Utility In contrast to Dogecoin, which relies heavily on community enthusiasm and hype, Lightchain AI is centered around providing tangible, real-world applications. The platform focuses on AI-powered decentralized applications (dApps) that empower businesses and developers to handle complex computational challenges on the blockchain. These challenges include sophisticated data modeling, AI-driven analytics, and automation in real-time. By integrating artificial intelligence seamlessly with blockchain technology, Lightchain AI presents practical use cases across a variety of sectors, ensuring its value transcends mere speculation. This emphasis on functionality makes Lightchain AI an appealing investment for those aiming for substantial long-term returns. Tokenomics for Sustained Growth Lightchain AI’s strategic tokenomics offer a compelling alternative to Dogecoin. With a capped supply of 10 billion tokens , the platform has thoughtfully allocated resources to bolster its ecosystem. For example, 5% of tokens are reserved for marketing and partnerships to boost global recognition and adoption, and 6.5% is set aside for a treasury fund to ensure operational stability. This careful distribution allows Lightchain AI to grow effectively while maintaining economic balance, sharply contrasting with Dogecoin’s inflationary supply model. The platform’s focus on sustainability further enhances its appeal to investors seeking dependable growth. Fostering Early Adoption and Developer Participation One of Lightchain AI’s primary growth strategies is its dedication to promoting early adoption by engaging developers. The platform provides a robust set of tools, such as a sandbox environment, allowing developers to test and deploy dApps without risk. By offering accessible resources and incentives, Lightchain AI actively fosters innovation within its network. This forward-thinking strategy is already drawing a wide array of developers and businesses, reinforcing its role as a platform engineered for real-world adoption . As Lightchain AI continues to expand its ecosystem, the potential for exponential returns becomes increasingly evident. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol
Bitzo 2025-01-30 13:57
Bitcoin traded around the $105,000 level in European morning hours Thursday as the year’s first U.S. FOMC meeting concluded with keeping rates steady, bumping sentiment across stock equities and crypto markets. Jerome Powell-led FOMC maintained the policy rate steady at 4.25-4.50 per cent in the first decision of Trump's presidency after reducing the rates for three straight meetings in 2024. “We do not need to be in a hurry to adjust our policy stance," Powell said in a post-policy press conference. The rate pause comes because officials seek further progress on inflation. Interest rate hikes can make traditional investments more appealing, potentially reducing demand for bitcoin. Conversely, lower rates tend to boost bitcoin by making other investments less attractive. Higher rates might strengthen the dollar, impacting bitcoin's price negatively, while lower rates could do the opposite. BTC added nearly 3% in the past 24 hours after the FOMC meeting, reversing all losses from a Monday bloodbath that saw prices drop as much as 8% — a liquidatations-led flushout that was ripe for dip buying opportunities, as CoinDesk noted. Cardano’s ADA, dogecoin (DOGE), xrp (XRP) and ether (ETH) mirrored BTC’s gains, rising as much as 3%. Solana’s SOL outperformed with a 4% rise. The broad-based CoinDesk 20 (CD20) added 2.8%. Outside of majors, litecoin (LTC) surged 14% as the U.S. Securities and Exchange Commission (SEC) officially acknowledged the 19b-4 filing from Canary Capital for a spot Litecoin ETF, marking it as the first of its kind beyond BTC and ETH. “First alt coin 19b-4 to be acknowledged, rest were told to withdraw by Genz SEC,” Bloomberg Intelligence analyst Eric Balchunas said on X . “In the comments from SEC on the S-1 and this filing is by far the furthest along checking all the boxes.” A public comment period has now been initiated with a 240-day decision deadline for the SEC in about 240 days.
CoinDesk 2025-01-30 13:56
