According to an analyst’s post on the CryptoQuant blockchain analysis platform, the crypto market cycle seems to be wrapping up. The digital assets market experienced a significant surge during the last quarter of 2024, even though it showed signs of bearishness in late December. However, the upward trend has resumed with Bitcoin reaching its price … Read more
On January 22, 2025, Calamos Investments plans to debut a Bitcoin ETF called CBOJ, which offers full protection from downside risks. This fund will be available for trading on the Chicago Board Options Exchange. Its purpose is to make Bitcoin investment less risky and more attractive to conservative investors by reducing volatility. Bitcoin, famous for … Read more
In December 2024, due to several Bitcoin crashes, Dogecoin‘s price found itself within a Gaussian Channel after a significant drop. Contrary to the bearish forces that initiated this entry, the fact that Dogecoin entered the Gaussian Channel was actually a positive sign, indicating a quick recovery from any subsequent dips. This is because the Gaussian … Read more
Injective, a blockchain supported by venture capital, is taking its development to the next level with the release of its INJ 3.0 update, which has been approved by the community. The objective of this upgrade is to restructure its economic system (tokenomics) and enhance its ability to combat inflation. This significant shift in dynamics has … Read more
Betting on Polymarket indicates a high likelihood that Canadian Prime Minister Justin Trudeau may step down before the end of the current week. But, news from local media hints at an even earlier resignation by Trudeau. According to predictions on the decentralized betting platform, there’s approximately an 82% possibility that Prime Minister Trudeau will resign … Read more
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Leading digital currency Bitcoin (BTC) surpassed the $102,000 mark again, reaching a staggering valuation of $2 trillion. Currently, Bitcoin is trading at an impressive $102,435.34 after a 4.25% price increase in the past 24 hours. Notably, this is the first time since December 18th that BTC has exceeded the $102,000 threshold. Over the last 24 … Read more
Recently, XRP has been holding its ground below the $2.50 price point, sparking anticipation among investors about whether this cryptocurrency is ready for another upward spike. Following a phase where it exhibited strong bullish trends earlier in the market cycle, XRP has managed to maintain itself above crucial support thresholds, suggesting that an imminent rise … Read more
Riot Platforms Inc., a U.S.-based Bitcoin mining company (ticker symbol NASDAQ: RIOT), recently disclosed an unverified December 2024 production and operational report. As per the statement, Riot Platforms mined approximately 516 Bitcoins last month, which represents a 17% decrease from the 619 coins they produced in December 2023. The current Bitcoin price is $101,758 with … Read more
Following several weeks where it fell short of the significant $100,000 level, Bitcoin kicked off 2025 with a surge of optimistic energy. The digital currency, that had been experiencing difficulties since the previous month, has exhibited indications of rebounding, surpassing the psychological $100,000 barrier for the first time in weeks earlier today. Initially this year, … Read more