The world’s largest illicit online marketplace keeps growing following the launch of its own crypto products, according to Elliptic. Source link
Day: January 15, 2025
Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
NFTs just had their worst performing year since 2020: DappRadar
DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024. Source link
XRP Bulls Charge Ahead: Rally Picks Up Speed
XRP price started a fresh increase above the $2.50 level. The price is gaining pace and could rally further above the $2.880 resistance. XRP price gained over 5% and rallied above the $2.550 zone. The price is now trading above $2.550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.60 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.60 support. XRP Price Turns Green Above…
Meta says it isn’t ending fact-checks outside the US yet
Brazil wasn’t pleased with Meta’s decision to rely on community notes, stating it would not subject its population to social media platforms that lead to “digital carnage or barbarity.” Source link
AI tokens pump as Franklin Templeton says agents will ‘revolutionize’ social media
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote. Source link
Ethereum Price Power Play: Can It Smash Through Key Hurdles?
Ethereum price started a minor recovery wave above the $3,120 zone. ETH is rising and facing hurdles near the $3,240 zone. Ethereum started a minor recovery wave above the $3,120 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,240 resistance level. Ethereum Price Aims Higher Ethereum price started a recovery wave above the…
Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF
In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals. Source link
Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee
“With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer. Source link
Bitcoin Price Faces Challenges: Will It Break Through and Rise?
Bitcoin price is attempting a recovery wave above the $93,200 zone. BTC is rising and might face resistance near the $97,500 zone. Bitcoin started a recovery wave above the $95,000 zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,450 support zone. Bitcoin Price Regains Traction Above Below $95K Bitcoin…