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The cryptocurrency market has been on edge regarding Bitcoin’s (BTC) price movements, with lingering fears of a possible crash after the asset repeatedly failed to reclaim the $100,000 mark. Amid these concerns, an analyst has observed that Bitcoin may not be on the verge of a bear market based on historical price movements. Specifically, Ali Martinez highlighted that Bitcoin’s Relative Strength Index (RSI) shows the asset has yet to reach its peak in the current cycle, as he noted in a post on X on December 31. Picks for you Why MicroStrategy stock is crashing after another Bitcoin buying spree 2 hours ago Crypto trader turns $4.3k into $970,000 in a few hours 3 hours ago ...

The Bitcoin price has slumped 1% in the last 24 hours to trade at $92,525 as of 2:45 a.m. EST on a 61% pump in trading volume to $56 billion. The recent slump in Bitcoin’s price comes as Tether completes its largest Bitcoin purchase since March, acquiring nearly $780 million worth of BTC in two transactions. This move comes despite Bitcoin falling from its mid-December all-time high of $108,000 to around $92,500. Tether’s total Bitcoin holdings now stand at approximately $7.75 billion, which is in line with its commitment to allocate up to 15% of its net operating profits to Bitcoin acquisitions. This demonstrates sustained corporate interest in Bitcoin, even during short-term price drops, with companies like KULR Technology and Quantum BioPharma also adopting Bitcoin to diversify their reserves and attract investors. However, MicroStrategy remains the largest corporate Bitcoin holder, significantly ahead of Tether, with a total of 446,400 BTC compared to Tether’s ...

Solaxy ($SOLX) has shattered market expectations by surging past $7 million in funds raised in its presale in less than two weeks. It marks a great leap forward for the first ever Layer-2 solution built on Solana. As demand for $SOLX grows, its value is likely to increase. But don’t miss out on its current price – $SOLX token is available for $0.001584.  However, the presale price rises to $0.001586 when the clock finishes its countdown today, so prospective buyers need to move quickly to snare the lowest available entry point. The token also serves as a gateway to 550% per annum staking rewards. More than 2 billion $SOLX tokens have been staked since the presale began two weeks ago. Solaxy total token supply is 138 billion. $SOLX token rewards are distributed at a rate of 4377.4 $SOLX tokens per ETH block. They will be disbursed over three years and claimable once the presale token claim goes live. Will Solaxy Transform Develop...

Solana (SOL) is preparing for an impressive bull market in 2025, with many experts predicting that the cryptocurrency could reach between $500 and $1,000. While this is exciting news for Solana holders, there’s more to the story.  Alongside Solana’s anticipated success, meme coins are expected to experience significant growth, making Solana an even more exciting network. However, as the popularity of meme coins grows, so does the risk of congestion and failed transactions on the Solana network. To address these potential issues, a new player has emerged: Solaxy (SOLX), a Layer 2 blockchain designed specifically for the Solana network. Let’s dive deeper into why Solaxy is poised to be a major force in the upcoming bull market and how it can benefit Solana and meme coin investors alike. Solaxy raises $6.9 million in presale – Bigger gains at launch? Solaxy has raised an impressive $6.9 million, with daily contributions approaching $500,000. The project i...

President-elect Donald Trump threatened BRICS countries of imposing 100% tariffs on goods entering the US if they pursue the de-dollarization agenda. The rhetoric came even before he officially took office indicating that a trade war would commence during his four-year tenure. Developing countries are guarding their economies against sanctions, as the White House has been imposing them for more than a decade. Also Read: BRICS: India Makes Huge Announcement on New Currency The Director of the Institute of Social Sciences, Ash Narain Roy, said that Trump’s threats to BRICS will not work. Roy explained that Trump is carried away by his victory and is unable to see the ground below his feet. Emerging economies have progressed even after ending dependency on the US dollar as their local currency is gaining prominence. The de-dollarization initiative started by BRICS will continue even in the Trump era, he said. Also Read: The US Dollar’s Clout Is Decreasing Globally, Says BRICS BRICS: ...

A crypto exchange token is defying this week’s marketwide downtrend, skyrocketing by nearly 30%. The Bitget Token (BGB) is trading at $7.37 at time of writing and is up nearly 28% in the past 24 hours and more than 70% in the past week. BGB’s gains partially materialized amid news that Bitget plans to merge the token with its other native asset, the Bitget Wallet Token (BWB). BWB, the 638th-ranked crypto asset by market cap, is down more than 4% in the past day but up nearly 45% in the past week. Bitget’s merger will unify both tokens under the BGB label. The exchange says the decision was driven by community demand. Explains Bitget chief executive Gracy Chen, “By merging BGB and BWB, we are taking a major step toward building a unified and robust ecosystem that bridges on-chain and off-chain applications. This move will enhance the utility of BGB, and ensure that every holder benefits from Bitget ecosystem growth.” Bitget says BWB holders on...

The cryptocurrency market has taken a toll over the last few days. The global crypto market cap has dipped 3.7% in the previous 24 hours to $3.49 trillion. Solana (SOL) and Ripple’s XRP follow the current downward trend. Also Read: Does Youtube TV have the History Channel? SOL and XRP’s Current Price Movements Source: Bitifinanzas SOL is down 2.6% in the daily charts, 3.3% in the weekly charts, 16.7% in the 14-day charts, and 18.1% over the previous month. Despite the dip, SOL has maintained some gains in the yearly charts, rallying 74.6% since December 2023. Source: CoinGecko XRP’s price, on the other hand, has fallen 3.6% in the daily charts, 6.7% in the weekly charts, and 7.8% in the 14-day charts. The asset has rallied 59.1% over the previous month and 252.2% since December 2023. Source: CoinGecko Looking at their current price movements, Ripple’s XRP token seems to be outperforming Solana (SOL). Why Is The Cryptocurrency Market Down? Source: Watcher Guru The...

The cryptocurrency market is facing a substantial price correction. Despite the dip, VeChain (VET) is up 1.8% in the weekly charts and 16% over the previous month. Bitcoin (BTC), on the other hand, is down 0.6% in the weekly charts and up by only 3.1% in the monthly charts. Solana (SOL) is down 1.7% in the weekly charts and 17.6% in the monthly charts. Although VET is outperforming Bitcoin (BTC) and Solana (SOL) in the weekly and monthly charts, the asset is down 4.9% in the daily charts and 20.3% in the 14-day charts. Source: Coingecko Also Read: Does Youtube TV have the History Channel? Why Is Bitcoin And The Crypto Market Down? Source: Watcher Guru The current market correction follows Bitcoin’s (BTC) dip to sub-$100,000 levels. The original crypto faced a correction after inflation in the US increased to 2.7%. The Federal Reserve also took a hawkish stance in its latest FOMC meeting. The central bank has decided to undertake only two interest rate cuts in 2025 instead of three...

Best Wallet’s presale has rapidly surpassed $5.7 million, demonstrating strong demand for its portfolio management tools and innovative wallet labeling Features . These tools empower users by providing early access to a curated selection of upcoming token launches and presales. This early involvement can be crucial for those seeking to capitalize on high-growth opportunities within the dynamic crypto market. Best Wallet’s presale surpasses $5.7M, poised for major growth with expansive user base Best Wallet is emerging as one of the most exciting opportunities in the crypto space, presenting a rare chance for investors to get involved with a project that already boasts significant user adoption and utility. Unlike many other meme coins and speculative projects, Best Wallet is grounded in functionality, having already attracted over 100,000 crypto users to its Web 3 wallet platform. This project, which has yet to launch its native token, holds immense potential for expon...

As 2024 comes to an end, the cryptocurrency community is eager to see what the coming year holds for leading coins like Ripple XRP . Ripple Labs’ native cryptocurrency saw a 251.08% return in the past year and plenty of noteworthy events that drove positive momentum. In 2025, XRP holders are hoping for even further gains and new all-time highs. Could the asset hit $4.50 sometime next year? XRP has been one of multiple cryptocurrencies to suffer from a bearish week last week. Ripple’s cryptocurrency saw a 13% downfall throughout the last seven days. Despite this, the asset’s monthly gains are at 45%, driving hopes for a rebound heading into the new year. The majority of the crypto market faced a correction last week after a bullish month. Now, all eyes are on January, and how high the leading cryptocurrencies will boom. Also Read: From 1 BTC to 43,000 XRP in 2014—What’s That Worth Today? XRP To Surge Beyond $4 Come March 2024? XRP remains around 40% below its all-time high of $3.84...

Meme Index ($MEMEX) kicked off its ICO on Monday and has already blasted past $338,000 in funds raised. Meme coins dominated the crypto narrative in 2024, surpassing a collective valuation of $137 billion and solidifying their legitimacy as a key sector within the crypto space.  Despite lacking immediate utility, they’re favored by investors because they’re unburdened mainly by the regulatory complexities that often affect the so-called “more serious” projects. This year also saw the rise of meme coin launchpads, boosting the number of meme coins. However, picking the right one for 10x returns can be tough. The Meme Index offers a solution by providing exposure to an entire meme coin index, which effectively mitigates the risk. With capabilities that no other project has ever brought forward in the crypto space, which heralds a new era of meme coin investing from 2025 and beyond, the project’s native token, $MEMEX, is th...