Bitcoin’s potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware. Source link
Month: December 2024
Price Waves Reveals Pivotal AVAX Support At $31
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
XRP Forms Bullish Flag Pattern: What’s Next For The Altcoin?
XRP is capturing attention across the crypto market as it forms a bullish flag pattern, a classic technical setup often signaling potential upside. This development comes after a strong price surge, followed by a period of consolidation that mirrors the shape of a flag. Such patterns are typically interpreted as continuation signals, hinting that the recent upward momentum could resume if key conditions are met. Currently trading within this flag’s boundaries, XRP appears to be gathering strength for its next big move. A successful breakout would likely validate the bullish…
Will ETH outperform BTC in Jan? IRS DeFi broker rules, and more: Hodler’s Digest, Dec. 22 – 28
An analyst predicts that Ether may outperform Bitcoin in January 2025, IRS introduces new DeFi rules, and more: Hodlers Digest Source link
DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn
The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule. Source link
Trump's Bitcoin policies depend on US economic standing — Ki Young Ju
Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of value. Source link
ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold
Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin. Share this article ProShares, a prominent asset manager overseeing more than $75 billion in assets, is seeking SEC approval to offer three new ETFs that would track the performance of the S&P 500, the Nasdaq-100, and gold relative to Bitcoin. The proposed funds — ProShares S&P 500 Bitcoin ETF, ProShares Nasdaq-100 Bitcoin ETF, and ProShares Gold…
El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M
El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC. Source link
David Sacks has 2 years to push through meaningful policies — lawyer
Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats. Source link
Scam ads targeting Usual Protocol emerge on Google
Key Takeaways Scammers are using fraudulent Google ads to impersonate Usual Protocol and steal crypto assets. Users are advised to manually verify website addresses to ensure authenticity and avoid scams. Share this article Scam Sniffer analysts have identified fraudulent Google ads impersonating Usual Protocol that redirect users to fake websites designed to steal crypto assets. 🚨 ALERT: Beware of scam ads on Google impersonating Usual Protocol. These scam ads could steal your assets if you click them & connect wallet & sign transactions. pic.twitter.com/E8OE2oaheh — Scam Sniffer | Web3 Anti-Scam…