The US state of Wyoming has joined several other states across the country in introducing legislation to create a strategic Bitcoin reserve ahead of President Donald Trump’s inauguration on January 20.Wyoming Senator Cynthia Lummis wrote in a Jan. 17 “We took a bold step,” he wrote. Wyoming invests a portion of its state funds in Bitcoin (BTC).Lummis praises Wyoming representative for pushing BitcoinLummis, an ardent Bitcoin advocate who introduced a Bitcoin strategic reserve bill to the U.S. Senate in July 2024, praised Wyoming lawmaker Jacob Wasserburger for introducing legislation that would “allow permanent funds to be diversified into Bitcoin.” I…
Author: Crypto Flexs
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investos360.com It quickly gained popularity among forex traders, serving both beginners and experienced users. This versatile platform offers a variety of tools, educational resources, and expert market insights to help traders make informed decisions. Whether you are just starting your trading journey or are a veteran in the field, Investos360 is built to help you succeed in the dynamic realm of Forex trading.Comprehensive overview of Investos360.comInvestos360.com goes beyond a typical trading platform to serve as a powerful ecosystem designed to address the needs of traders at every stage of their experience. The platform emphasizes cutting-edge technology, reliable infrastructure, and educational…
January’s XRP (XRP) price rally risks reaching an exhaustion point due to a new bearish reversal signal.XRP price chart suggests 25% correctionXRP surged nearly 50% in January, briefly surpassing $3.39 on January 18, its highest level in nearly seven years. But the explosive rally could face headwinds, with technical indicators suggesting a potential downside correction of up to 25%.The main concern is the emergence of a bearish divergence between the price of XRP and the daily Relative Strength Index (RSI). While XRP is hitting multi-year highs, the momentum oscillator RSI is trending downward, forming a bearish pattern. These differences indicate…
The widely respected cryptocurrency analyst and trader is bullish on Bitcoin (BTC). The analyst and trader, who goes by the pseudonym Bluntz, told his 309,200 followers on social media platform According to analysts, Bitcoin is poised to rise at least 17% from current levels. “It takes a low, makes everyone capitulate, and then goes up without a drop, forcing side traders and investors to push the price higher. I think this next step should be the one that gets us above $120,000.” Source: Bluntz/X According to a chart prepared by an anonymous analyst who regularly applies Elliott Wave Theory to…
Ted Hisokawa January 14, 2025 15:12 Astar Network is collaborating with Sony Block Solutions Labs to integrate with Soneium Mainnet to improve interoperability and scalability within the Ethereum ecosystem. Astar Network, a prominent blockchain platform, announced integration with Soneium, a layer 2 solution launched by Sony Block Solutions Labs. According to astar.network, this partnership marks a significant expansion into the Ethereum ecosystem, with the goal of improving interoperability and scalability across the decentralized network. Soneium launch announcement The launch of Soneium Mainnet marks a new chapter for Astar. As a hub for creativity and…
This article is also available in Spanish. The price of Bitcoin has surpassed the $100,000 range and is rising rapidly. BTC is rising and could go higher if it clears the $102,000 area. Bitcoin has started a significant rally above the $100,000 area. The price is trading above $100,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above a short-term descending channel with resistance at $99,400. If it stays above the $100,000 support, the pair could start another increase. Bitcoin Price Recovers $100,000 The price of Bitcoin…
An RSI result of 56 indicates that UNI is trading below overbought territory. At press time, 67.63% of Binance’s top UNI traders hold buy positions, while 32.37% hold sell positions. Uniswap’s native token, UNI, has broken out of a bullish price pattern as the larger cryptocurrency market rebounds overall. This signaled a potential upward move, with this breakout occurring after a prolonged period of difficulties faced by the asset since December 2024. Uniswap (UNI) technical analysis According to technical analysis by AMBCrypto, UNI broke out of its descending triangle pattern on the daily time frame and reached the $15.20 resistance…
Caroline Bishop January 17, 2025 07:10 BitMEX has launched FTR/USDT trading, giving users the chance to win 1 million FTR tokens. Learn more about this latest addition. Leading cryptocurrency exchange BitMEX has announced that it will begin trading FTR/USDT on its platform starting January 17, 2025. This new addition allows users to deposit, purchase, and trade FTR tokens linked to the Fautor Foundation. To BitMEX. FTR Trading Opportunity The introduction of FTR trading on BitMEX Spot is part of the exchange’s strategy to expand its cryptocurrency offerings. Users can now participate in the FTR/USDT…
Dogecoin (DOGE) price rose 10% on January 17 to form a higher value of $0.42 on the 1-day chart. A candle closing above $0.40 signals a strong trend reversal for memecoin, which has been consolidating between $0.45 and $0.30 since November 11th. Dogecoin 1 day chart. Source: Cointelegraph/TradingViewWith cryptocurrency markets gaining steam ahead of President-elect Donald Trump’s return to the White House, traders are expecting another offensive against DOGE next week.DOGE is the most powerful “dino” coin after Bitcoin and XRP.Cryptocurrency trader and investor Daan Crypto emphasized that DOGE’s recent price breakout was the result of two accumulation periods between…
Wang Long Chai January 17, 2025 07:36 Ethereum developers gathered at ACDE Call #203, chaired by Tim Beiko, to discuss updates to Pectra Devnet 5, gas limit testing, and RPC standardization. On January 16, 2025, Ethereum protocol developers gathered virtually for All Core Developers Execution (ACDE) Call #203, chaired by Tim Beiko of the Ethereum Foundation. According to galaxy.com, the biweekly meeting is an important platform for developers to discuss and coordinate changes to the Ethereum execution layer, a core component of the blockchain ecosystem. Pectra Devnet 5 released The meeting began with a…