Memecoins underperform the broader crypto market after double-digit daily losses fueled by sharp drops in TRUMP and MELANIA tokens. Source link
Day: January 21, 2025
Dogecoin Momentum Weakens: RSI Signals Bearish Continuation To $0.3
Dogecoin price action has entered a critical phase as technical indicators, particularly the Relative Strength Index (RSI), point to a continuation of bearish momentum. Following a consistent downtrend, the RSI has dipped below the neutral 50% level, signaling increasing selling pressure and waning bullish interest. This shift in momentum puts the $0.3 support level in the spotlight, a crucial price floor that could determine Dogecoin’s near-term trajectory. With market conditions showing limited upside potential, traders are focusing on whether DOGE can maintain its ground at $0.3 or if the bearish…
Mark Cuban mulls memecoin to pay US debt
Billionaire Mark Cuban said that if people want to gamble on memecoins, they could do it and “make a dent” in the US debt. Source link
Italian energy giant launches solar panel tokenization on Algorand
Enel and wallet provider Conio’s tokenization initiative lets Italians offset energy bills via partial ownership of solar farms on Algorand. Source link
Bitcoin ‘fully gassed’ to leave $100K BTC price behind — Analysis
Bitcoin “Choppiness Index” data is hinting at a dramatic return to trend for BTC price action. Source link
Blockchain at a crossroads: From Davos hype to global impact
The evolution of blockchain continues at pace. It’s time to examine progress, challenges and future potential in humanitarian and development sectors. Source link
Trump swings axe on Biden’s sweeping AI executive order
Donald Trump has undone Joe Biden’s October 2023 executive order that established a framework for AI, including reporting mechanisms for companies. Source link
Crypto observers still hopeful on Trump despite silence on first day
Crypto industry executives and investors are confident about the road ahead for digital assets despite Donald Trump’s silence on crypto in his first day actions. Source link
Dogecoin (DOGE) Dips: A Pause Before The Next Meme-Coin Rally?
Dogecoin started a downside correction from the $0.4050 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it clears the $0.3680 resistance. DOGE price started a fresh decline below $0.4050 and $0.380. The price is trading below the $0.3750 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.3650 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.3650 and $0.3680…
XRP Price Resilience Shines: Is a Parabolic Move on the Horizon?
XRP price started a fresh increase above the $3.250 level. The price is holding gains and might start another increase if it clears the $3.180 resistance. XRP price traded toward the $3.35 level before it corrected some gains. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $3.0650 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 $3.00 support. XRP Price…