Author: WebDesk
The current market sentiment appears confusing due to the immense profit-taking in the past 24 hours. Amid this, XRP, the native token of Ripple Labs, seems promising and is poised for a massive upside rally, as long-term holders have shown strong interest and have been accumulating substantial amounts of tokens.Record $250 Million of XRP OutflowAccording to the on-chain analytics firm CoinGlass, the spot inflow/outflow metric revealed that exchanges have experienced an outflow of $250.67 million worth of XRP. This massive outflow is the highest that exchanges have witnessed in the past year.Source: CoinglassIn the cryptocurrency landscape, “outflow” refers to the…
Investor Chris Burniske says that Donald Trump’s recent launch of his official memecoin could help usher in a new phase of free experimentation and capital flows in the crypto space. Burniske, a former ARK analyst and current partner at venture firm Placeholder, says in a post on the social media platform X that he doesn’t plan on buying TRUMP, but notes that its launch is “catching eyeballs everywhere” and potentially encouraging others to embark on projects in a similar manner. President Trump launched TRUMP late on Friday and it quickly skyrocketed to a $64 billion fully diluted valuation (FDV). Burniske…
In an X post, Michaël van de Poppe, a cryptocurrency analyst, highlighted critical support levels for the TRUMP token, suggesting a correction to the $25-$30 range before a possible rally. According to his analysis, recent movements in the TRUMP cryptocurrency saw significant bounces of 36% and 70% at key levels, reinforcing the importance of these zones. Van de Poppe believes consolidation in this range would establish a solid foundation for the next upward leg, offering a strategic entry point for investors. The chart analysis supports Van de Poppe’s perspective, showcasing two critical support regions. The first zone, within the $50-$55…
Este artículo también está disponible en español. A crypto analyst who accurately forecasted the Bitcoin price crash to $99,000 has now made another notable prediction for the pioneer cryptocurrency. While the analyst’s previously bearish projection was driven by volatility and waning market demand for Bitcoin, his new forecast sees the cryptocurrency skyrocketing to new highs above $110,000, fueled by its recent bullish performance. Bitcoin To Retest Key Support As Next Move From a technical perspective, TradingView crypto analyst R.Linda has pinpointed the range between $102,500 and $100,000 as a critical support zone for Bitcoin. The analyst highlights that if Bitcoin…
Este artículo también está disponible en español. Dogecoin (DOGE) has experienced significant volatility over the weekend, capturing the spotlight as investors gear up for what could be a pivotal week in the cryptocurrency market. With President-elect Donald Trump set to assume office today, market sentiment around Dogecoin and other digital assets has turned increasingly bullish. Speculation about pro-crypto policies and heightened interest in meme coins have fueled optimism, making Dogecoin one of the most watched assets. Related Reading Renowned analyst Ali Martinez shared a technical analysis on X, shedding light on Dogecoin’s promising outlook. According to Martinez, DOGE is trading…
A decentralized finance (defi) project linked to Donald Trump has acquired $47 million worth of wrapped bitcoin (WBTC), according to blockchain analytics platform Arkham Intelligence. World Liberty Financial Acquires $47 Million in Wrapped Bitcoin The purchase was made by World Liberty Financial, a defi project tied to Donald Trump, who was inaugurated today as the […] Credit: Source link
PRESS RELEASE. On January 15, 2025, HTX DAO announced the completion of its $HTX token burn for Q4 2024. This burn process involved 9,982,673,247,009.8082 $HTX tokens, with a total value exceeding $22.47 million. The burn was carried out on-chain to ensure transparency, and users can verify the burn details via the transaction hash. For more […] Credit: Source link
Web3 battle royale Off The Grid has launched a new update featuring the Scump Content Pack.The update brings new gameplay elements and customisation options, allowing players to adopt the likeness of Seth “Scump” Abner, a renowned figure in esports.In addition to the exclusive Scump skin, the update includes new in-game items and introduces a Battle Pass system. Players can now unlock rewards and challenges through free and premium tiers, offering new opportunities for customization. Source: ScumpWho is Scump?Seth “Scump” Abner is a professional esports player widely recognised for his dominance in competitive Call of Duty.Over his career, he has achieved…
On January 20, 2025, at 12:00 p.m. ET, Donald Trump took the oath of office as the 47th President of the United States. Along with political history, the event is anticipated to have a significant impact on the financial world, especially cryptocurrencies. Due to Trump-pro crypto stance, the inauguration ceremony could ignite a significant upsurge in these Politifi Coins. Key Highlights: Trump’s Inauguration could drive bullish momentum in emerging Politifi coins such as TRUMP, MELANIA, and DOGE. The formation of a pennant pattern hints at an impending breakout in TRUMP price. A long-coming support trendline drives the current uptrend in…
The official Trump (TRUMP), the recently launched meme coin by the United States pro-crypto president Donald Trump, is making waves with its impressive price performance. However, today, January 20, 2024, as Trump began his inauguration speech, the TRUMP meme coin failed to hold its crucial support and is now poised for a massive price decline.On January 18, 2024, during the Asian trading hours, Trump made a post on X (formerly Twitter) and introduced its official meme coin, TRUMP, to the world. Following the post on X, the TRUMP coin has attracted significant interest from traders and investors, resulting in the…
