Wrapping up a week that signaled a bullish second Trump administration for US-led cryptocurrency development, Eric Trump released a statement confirming U.S.-based cry...
Forbes Digital Assets 2025-01-28 05:03
The cryptocurrency market has witnessed a notable rebound, with Bitcoin climbing back above $102,000 amidst shifting sentiments following AI developments. This market resurgence comes after a period of volatility attributed
CoinOtag 2025-01-28 05:01
WallitIQ’s (WLTQ) entry into the crypto market has sparked significant interest, with experts already dubbing it the “Top altcoin of 2025”. The fact that this crypto token has already raised an estimated $6 million in its ongoing presale is a clear indication of its potential and the trust the crypto community has in it. With its rapid growth, this low-priced crypto token is set to outperform established alternatives such as Cardano (ADA). Read on to discover more about this Ethereum crypto token and the unique features that set it apart. WallitIQ (WLTQ): The Ethereum Crypto Token Overshadowing Cardano (ADA) And Other Seasoned Alternatives WallitIQ (WLTQ) is an innovative decentralized crypto wallet that allows investors to store and transact over 1,000 cryptocurrencies efficiently and securely. It emerged to solve investors’ security concerns about seasoned wallets such as MetaMask and Binance. Interestingly, its crypto token is also one of the best performing in the market, outshining alternatives such as Cardano (ADA). A captivating characteristic of the WallitIQ (WLTQ) wallet is its unique integration of Artificial Intelligence (AI) technology into its platform. With its AI build, the decentralized platform has attracted an array of crypto whales and retail investors. Data shows its ongoing presale has received mainstream attention, raising over $6 million. WallitIQ (WLTQ) prioritizes the safety of investors’ holdings, guaranteeing their security 24/7 with an AI-powered intelligent security system . This system, which includes biometric authentication, behavioral analysis, and anomaly detection, uses AI to monitor and establish transactions and behavioral patterns. Any deviation from these patterns is promptly detected and flagged as a potential threat, guaranteeing the safety of investors’ assets. With WallitIQ’s (WLTQ) AI-driven market insights , investors are equipped with a powerful tool to manuever the crypto market. The AI analyzes data, market trends, patterns, and sentiment to determine the future market outlook. These insights are not only comprehensive but also provided in real-time, allowing investors to make informed decisions that can mitigate their losses in a bear market and maximize their profits in a bullish one. To further emphasize its reliability and transparency, WallitIQ (WLTQ) has undergone a security assessment by SolidProof , a top blockchain auditing firm. Its smart contract was certified secure. Likewise, it has been listed on the CoinMarketCap website, a massive feat for an emerging crypto project. Investors are prompted to join crypto whales and savvy investors who have acquired the WallitIQ (WLTQ) token. By holding this token, investors can maximize the potential of the world-class infrastructure. Prudent investors can take advantage of the ongoing presale and buy the crypto token for an offered price of only $0.0420 . The low-priced token is expected to generate sumptuous returns for early investors when its value surges in the coming days. Cardano (ADA): Has The Smart Contract Powerhouse Reign Come To An End? The emergence of innovative altcoins such as WallitIQ (WLTQ) has shifted the focus from the smart contract and dApp powerhouse Cardano (ADA). The blockchain platform, which carried great momentum when it was launched in 2017, has recently dwindled in value. This decline in value has led to speculation that Cardano’s (ADA) reign is gradually ending, replaced by newer alternatives like WallitIQ (WLTQ). The blockchain platform’s price trend on CoinGecko also supports this claim. The price dipped by 8.5% and 2.4% in the last seven days and 24 hours, respectively. However, for Cardano (ADA) to bounce back, bulls must push the price and maintain momentum. If this doesn’t happen in the coming days, investors may move to innovative options like WallitIQ (WLTQ) for mouthwatering gains. Conclusion WallitIQ’s (WLTQ) fast growth and ROI potential could cause investors in seasoned altcoins such as Cardano (ADA) to abandon the platforms. The Ethereum crypto token has been a major revelation in the crypto scene, attracting all kinds of investors to its presale. With investors streaming into the platform daily, the current inexpensive presale price could sell out sooner than expected. Late investors would need to pay more to buy the WallitIQ (WLTQ) token. Consequently, prudent investors are prompted to take advantage of this last-minute opportunity and buy this crypto token now. Join the WallitIQ (WLTQ) presale and community: Join WallitIQ (WLTQ) Presale Join the WallitIQ (WLTQ) Community Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
NullTx 2025-01-28 05:00
As prices retreat from recent highs, Ethereum tells a story of strong network growth and sustained adoption.
AMB Crypto 2025-01-28 05:00
As January draws to a close, the cryptocurrency market has experienced a significant downturn, with Bitcoin (BTC) and other digital assets suffering losses attributed to a broader sell-off in the technology sector. Bitcoin’s price fell 3% to $101,400, with earlier lows reaching $97,750. The CoinDesk 20 index, which tracks a weighted average of various cryptocurrencies, recorded a 7% decline, reflecting the overall market’s cooling after reaching record highs earlier this month. Nasdaq Drops Over 3% As DeepSeek’s AI Advances Raise Concerns The tech-heavy Nasdaq composite index also faced a downturn, dropping over 3%, influenced by concerns stemming from a Chinese startup, DeepSeek. The company recently announced the development of a competitive artificial intelligence model at a fraction of the cost of existing solutions, raising alarms about potential shifts in US dominance in artificial intelligence (AI) technology. Related Reading: Ready To Rocket? Dogecoin Chart Hints At Major Gains Ahead This news has sparked fears regarding Big Tech’s spending on artificial intelligence models and data centers, further exacerbating the sell-off in tech stocks in the United States market. In premarket trading, shares of major cryptocurrency exchanges like Coinbase and MicroStrategy fell about 2% each. Bitcoin mining companies took even larger hits; Core Scientific saw its shares plummet by 21%, while Terawulf and Iren (formerly Iris Energy) lost 16%. The correlation between the cryptocurrency market and the tech sector remains strong, as noted by Standard Chartered analyst Geoff Kendrick, who pointed out that Bitcoin is currently more closely aligned with movements in the Nasdaq than with traditional safe-haven assets like gold. Long Liquidations Hit Bitcoin Traders The market’s volatility was further driven by significant liquidations among traders who had bet against a downturn. Over the past 24 hours, more than $250 million in long liquidations occurred, forcing leveraged traders to sell their Bitcoin holdings to cover losses. This wave of selling coincided with a mixed market reaction to President Donald Trump’s recent executive order on cryptocurrency, which had generated anticipation in the lead-up to its release but failed to meet all investor expectations. Many traders expressed disappointment that the executive order did not establish a dedicated stockpile of Bitcoin, a term that implies a more passive approach to holding assets, rather than an active strategy of regular purchases. Related Reading: XRP Price To $5.85: Analyst Reveals Why The New Week Will Be ‘Dynamic’ Kendrick emphasized that the current market dynamics position digital assets to be particularly vulnerable to sharp sell-offs, regardless of whether the driving force originates from within the crypto space or external markets like tech. With the uncertainty surrounding the executive order now resolved, the market has shifted its focus to the upcoming Federal Reserve meeting, set to conclude on Wednesday. Market strategist Joel Kruger of LMAX noted that investors are nervously anticipating the Fed’ stance, hoping for a more accommodative approach while fearing that the central bank may not adopt the dovish tone the markets desire. Despite the recent price declines, Kruger reassured investors that the overall trend in Bitcoin remains positive, stating, “When we look at the Bitcoin chart, there is nothing bearish about the price action.” Featured image from DALL-E, chart from TradingView.com
NewsBTC 2025-01-28 05:00
The crypto market thrives on diversity—ranging from utility-driven projects like Lightchain AI to speculative meme coins like $TRUMP Coin. While $TRUMP Coin has garnered massive attention thanks to its viral appeal and association with Donald Trump, Lightchain AI is quietly gaining traction among savvy investors looking for long-term growth. In this article, we’ll break down the stark differences between these two projects to help you decide which is the better investment. $TRUMP Coin – Riding the Meme Wave The $TRUMP Coin has taken the market by storm, leveraging Donald Trump’s polarizing persona and the popularity of meme coins. Much like Dogecoin or PEPE, its appeal lies in its humor, branding, and ability to generate hype. Early investors in $TRUMP Coin have seen impressive short-term gains, as the token’s value soared thanks to social media buzz and speculative trading. However, meme coins like $TRUMP are inherently volatile. Their value is driven almost entirely by community enthusiasm, making them highly susceptible to sharp price drops once the hype fades. Moreover, the lack of utility or real-world application limits their potential for long-term growth. For investors seeking a quick profit, $TRUMP Coin might be appealing, but it’s a risky bet without a solid foundation. Lightchain AI Project Built for the Future Unlike the hype-driven approach of $TRUMP Coin, Lightchain AI stands out as a project focused on real innovation and utility. Combining blockchain and artificial intelligence, it is building a transformative platform to address real-world challenges. Its emphasis on scalable, privacy-first technology sets it apart in the competitive crypto space. The presale has already garnered over $12.8 million, with tokens priced at $0.005625, reflecting strong confidence from early investors. Lightchain AI’s ability to attract such significant investment highlights its potential for long-term growth and adoption. In a market filled with speculation, Lightchain AI’s commitment to delivering impactful solutions makes it a promising leader in the new wave of blockchain technology. Investment Comparison – Hype vs. Utility Here’s how $TRUMP Coin and Lightchain AI stack up. Feature $TRUMP Coin Lightchain AI Main Appeal Meme-driven hype and branding Real-world applications and innovation Growth Potential Short-term price pumps Long-term, exponential growth Utility Minimal, hype-based High, with practical use cases Volatility Extremely high Relatively stable Entry Price Varies based on market hype $0.005625 (presale) While $TRUMP Coin might offer quick gains, Lightchain AI presents a balanced opportunity for investors seeking both growth and stability. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf Tweets by LightchainAI https://t.me/LightchainProtocol
Cryptopolitan 2025-01-28 05:00
COINOTAG News reported on January 28th that recent data from Farside Investors indicated a significant net outflow of $136.4 million from the US Ethereum spot ETF. This outflow encompassed several
CoinOtag 2025-01-28 04:59
Bitcoin has climbed back above $102,000 as Wall Street analysts offer measured takes on the Chinese AI startup's market impact.
Decrypt 2025-01-28 04:58
The US market dipped amid the release of Chinese firm DeepSeek’s latest AI model, which can supposedly perform as well as ChatGPT for a fraction of the cost.
CoinTelegraph 2025-01-28 04:56
In a recent report from COINOTAG on January 28th, substantial net outflows from the US Bitcoin spot ETF have been noted, totaling $457.93 million. This includes varied contributions from major
CoinOtag 2025-01-28 04:53
Over the weekend, the outstanding qualities of China’s AI startup, DeepSeek became apparent, and it sent shockwaves through the AI status quo in the west. The open-source model was first released in December when the company said it took only two months and less than $6 million to create. The amount reported was noticeably far less than the hundreds of billions of dollars that tech giants such as OpenAI, Meta, and others have allegedly committed to developing their own models. Throughout the day, fears grew that China may be surpassing the US in the scale and efficiency of its AI investments. However, Trump’s Crypto Czar, David Sacks, has expressed confidence in the US’s ability to continue to lead in AI innovation. David Sacks comments on DeepSeek’s success In a response posted on X (formerly Twitter), Sacks, whose position in Trump’s administration involves shaping US policy on artificial intelligence and cryptocurrency, admitted that DeepSeek has shown the AI race will be competitive. He also praised the new president for rescinding the Biden EO, which he said “hamstrung American AI companies without asking whether China would do the same. (Obviously not)” Sacks is confident in the US, but he also thinks it can’t afford to be complacent in the race. There were mixed opinions to Sacks’ sentiment, but most seemed to agree that things will no longer be the same with DeepSeek around. As Crypto Czar, Sacks will play a role in creating a legal framework for the crypto industry and guide AI policy. DeepSeek’s success may provide the rationale to focus on minimal regulation to encourage innovation if he believes that is the only way to compete with China’s growing AI economy. How tech stocks reacted to China’s DeepSeek DeepSeek’s open-source model was released last year but its outstanding qualities did not become evident until this year, reaching viral popularly by the weekend. Since then, the app has become the top free app in the Apple App Store, pushing OpenAI’s ChatGPT into second place. The result was a sell-off of American tech stocks as worried investors seemed to have lost conviction. Nvidia was one of the biggest losers in the stock market slump as its shares plummeted as much as 18%, representing the biggest market value drop in US stock market history. The leading hardware company for AI lost nearly $600 billion in market value on Monday as tech stocks plunged. The Nasdaq Composite, which tracks the country’s largest tech firms, fell more than 3%. The Dow ended up nearly 300 points after falling earlier in the day, and the S&P 500 tumbled almost 1.5%. Nvidia said in a statement that “DeepSeek is an excellent AI advancement” and an example of what is possible, “leveraging widely available models and compute that is fully export control compliant.” Other semiconductor companies that also saw major losses include Micron Technology and Arm Holdings, which both fell 10%. ASML also slid by 6%. Mega-cap tech firms also felt the ripple effect. Microsoft fell 2%, and Google’s parent company, Alphabet, plummeted 4%. Meta Platforms, which is developing its own open-source AI model, also took a dump earlier in the day but ended higher by 1.9%. DeepSeek has tech giants in the US finally paying attention. Speaking at the World Economic Forum last week, Microsoft CEO Satya Nadella praised DeepSeek’s advances and said, “We should take the developments out of China very, very seriously.” Rep. John Moolenaar, R-Mich., chairman of the Select Committee on China, said “the US cannot allow CCP models such as DeepSeek to risk our national security and leverage our technology to advance their AI ambitions. We must work to swiftly place stronger export controls on technologies critical to DeepSeek’s AI infrastructure.” Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet - Download Now
Cryptopolitan 2025-01-28 04:53
Bitcoin price extended losses and tested the $97,650 zone. BTC is now correcting losses and might face hurdles near the $103,000 level. Bitcoin started a downside correction below the $103,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $103,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it stays below the $103,500 zone. Bitcoin Price Dips Further Bitcoin price started a fresh decline below the $105,000 and $103,500 levels. BTC even dipped below the $100,00 level before the bulls appeared. A low was formed at $97,688 and the price is now correcting losses. There was a move above the $99,500 and $100,000 levels. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $107,080 swing high to the $97,688 low. However, the bears are active near the $102,000 zone. Bitcoin price is now trading below $103,200 and the 100 hourly Simple moving average . On the upside, immediate resistance is near the $102,350 level or the 50% Fib retracement level of the downward move from the $107,080 swing high to the $97,688 low. The first key resistance is near the $103,000 level. There is also a connecting bearish trend line forming with resistance at $103,000 on the hourly chart of the BTC/USD pair. The next key resistance could be $104,200. A close above the $104,200 resistance might send the price further higher. In the stated case, the price could rise and test the $105,500 resistance level. Any more gains might send the price toward the $107,000 level. More Losses In BTC? If Bitcoin fails to rise above the $103,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $100,500 level. The first major support is near the $100,000 level. The next support is now near the $88,500 zone. Any more losses might send the price toward the $86,500 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $100,500, followed by $100,000. Major Resistance Levels – $102,200 and $103,000.
NewsBTC 2025-01-28 04:46
Bitcoin Price Bounce Back Might Be Short-Lived: Here’s Why
