Bitcoin (BTC) rises above $95,000, indicating that bulls are maintaining buying pressure. Grayscale research director Zach Pandl told Cointelegraph that Bitcoin is “held back by the strength of the U.S. dollar,” but with the U.S. presidential inauguration just around the corner, he expects this setback to be short-lived. I did it. Pandl sees a “structurally optimistic outlook for crypto valuation.”One of the bullish events receiving attention is the possibility of securing strategic Bitcoin reserves in the United States. CoinShares said in a blog post that if the Bitcoin Act passes, it “will have a more profound long-term impact on Bitcoin”…
Author: Crypto Flexs
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Bitcoin (BTC) rises above $95,000, indicating that bulls are maintaining buying pressure. Grayscale research director Zach Pandl told Cointelegraph that Bitcoin is “held back by the strength of the U.S. dollar,” but with the U.S. presidential inauguration just around the corner, he expects this setback to be short-lived. I did it. Pandl sees a “structurally optimistic outlook for crypto valuation.”One of the bullish events receiving attention is the possibility of securing strategic Bitcoin reserves in the United States. CoinShares said in a blog post that if the Bitcoin Act passes, it “will have a more profound long-term impact on Bitcoin”…
Bitget Token, XDC Network, and XRP saw the biggest gains this week. AI16Z, ThorChain, and Virtuals Protocol suffered the biggest losses over the past week. Cryptocurrency markets had another action-packed week of trading, with several tokens putting up impressive rallies while others faced significant selling pressure. As institutional interest continues to drive market dynamics, let’s take a look at some of the most notable price movements that shaped the trading environment this week. biggest winner BitGet Token (BGB) BGB was a standout performer of the week, surpassing expectations with a notable surge from $6.011 to $7.137. The token’s journey has…
XRP (XRP) looks set to rise 60% in the coming days after breaking out of its usual symmetrical triangle pattern. The upward outlook coincides with a series of developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).XRP price is targeting $4 in the “next few days.”A symmetrical triangle is considered a bullish continuation pattern when the price moves above the upper trend line with increasing volume. This appears to be the case for XRP, which entered the breakout phase of the triangle pattern on January 11th.The symmetrical triangle breakout target is determined by adding the…
XRP (XRP) looks set to rise 60% in the coming days after breaking out of its usual symmetrical triangle pattern. The upward outlook coincides with a series of developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).XRP price is targeting $4 in the “next few days.”A symmetrical triangle is considered a bullish continuation pattern when the price moves above the upper trend line with increasing volume. This appears to be the case for XRP, which entered the breakout phase of the triangle pattern on January 11th.The symmetrical triangle breakout target is determined by adding the…
AI Experts Collaborate with FLock Foundation to Advance Distributed Learning – Chainwire housenewsroomAI Experts Collaborate with FLock Foundation to Advance Distributed Learning We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical…
A widely respected cryptocurrency analyst believes that a rival to Dogecoin (DOGE) and Shiba Inu (SHIB) is primed for a massive rally. The analyst, who goes by the pseudonym Bluntz, told his 307,800 followers on social media platform Based on a widely followed analyst’s chart, he appears to be implying that FLOKI is close to completing an inverted head and shoulders pattern on weekly time frames. In technical analysis, an inverted head and shoulders pattern suggests that the asset may be ready for a bounce after printing a bullish high-low setup with a right shoulder. “FLOKI has been accumulating here…
Cardano’s price is hovering near $1, with long-term holders providing significant support against selling pressure. ADA’s recovery was limited due to declining profit generation and network activity. In recent weeks, Cardano (ADA) has faced significant price volatility and struggled to regain solid ground above the crucial $1 level. Broader market sentiment tilted from neutral to bearish, limiting any significant upside momentum. But even through this turmoil, long-term holders held firm, providing much-needed support and preventing a major decline in prices. ADA’s Price-DAA Difference Highlights Investor Caution Source: Santiment Cardano’s price DAA divergence indicator has been showing consistent sell signals in…
Dogecoin’s latest attempt to regain lost ground has faced a significant obstacle as the price struggles to break above the crucial four-hour simple moving average (SMA). This resistance level has proven to be a strong barrier with bearish pressure consistently preventing a meaningful breakout. Despite early signs of a potential rebound, DOGE’s inability to surpass this key threshold suggests that bullish momentum remains weak, putting the meme coin in a precarious position. The rejection of the 4-hour SMA highlights the growing dominance of sellers in the market and raises doubts about whether buyers can regain control that could push prices…
New Hampshire has joined other states in pursuing Bitcoin treasury reserves through legislation framing the path toward sovereignty. New Hampshire Representative Keith Ammon has submitted a proposal to activate BTC treasury reserves. The Republican politician filed a proposal Friday that would require the state Treasury to invest some public funds in assets and precious metals. Steps Toward Bitcoin Reserves Approval of the proposal would protect the Granite State’s coffers from runaway inflation. Ammon added that adopting Bitcoin holdings would be in line with the cultural values of Hampshire residents. Ammon repeatedly said the New Hampshire spirit rarely gets in…