A veteran trader known for making timely cryptocurrency calls says he is bullish on the modular blockchain project’s native token. Household trader The Flow Horse said on his Telegram channel that Celestia (TIA) may be preparing for a breakout after forming a classic bottoming pattern over the past six months. “I think TIA is very exciting right now. Here are some reasons: There seemed to be a major capitulation of sentiment on this over the past few days, reaching a peak during the period when (venture capitalist) Chris Burniske was targeted by CT (Crypto Twitter) for his stance on this.…
Author: Crypto Flexs
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Peter Jang January 22, 2025 07:31 Canaan Inc. discloses its December 2024 Bitcoin mining performance and outlines its financial outlook for fiscal 2025, targeting significant revenue growth and mining expansion. Canaan Inc. (NASDAQ: CAN), a leader in cryptocurrency mining technology, has released its unaudited Bitcoin mining update for December 2024 along with its fiscal 2025 financial guidance. The company expects total revenue between $900 million and $1.1 billion in fiscal 2025. , according to PR Newswire. Expanding global operations Significant progress has been made in North America, and Canaan has established localized teams to…
Video sharing platform Rumble Inc. (RUM) said it has purchased its first Bitcoin (BTC) ahead of Donald Trump’s inauguration on January 20th. company.Source: Chris PavlovskiThe announcement comes nearly two months after Rumble confirmed plans to allocate $20 million from its excess cash reserves to purchase Bitcoin. The company said their purchases will largely depend on broader cryptocurrency market conditions, including the price of BTC and demand for cash on the platform.Bitcoin hit a record high of over $109,000 on January 20, shortly before Trump’s inauguration as the 47th president of the United States. Some cryptocurrency experts expect the price to…
In 2025, most traders are considering Ethereum or Solana. This is mainly due to the success of both tokens over the past few years. Ethereum’s updates make it a good option, and Solana offers fast transaction speeds and low costs.However, a new pre-sale token, Remittix (RTX), has recently been making headlines. This can be attributed to the success of the ongoing pre-sale and innovative ways to process cross-border payments.The ultimate question remains: Can Remittix compete with Solana and Ethereum in 2025? Ethereum rises 7% in 24 hoursETH started 2025 with strong momentum. It is currently trading at $3,442.66, up 7%…
HYPE was trading within a bullish flag pattern, signaling a possible breakout towards $50. Key indicators, including a rise in Total Value Locked (TVL), suggested that the market rally was gaining momentum. Over the past 24 hours, Hyperliquid (HYPE) has recorded a significant price movement of 14.67%, reclaiming the $26 range last seen in early January. This followed a brief monthly decline of 6.09%. The current market trend and strong bullish correction indicate further upward momentum and we expect HYPE to continue its uptrend in the coming weeks. HYPE’s final countdown The final stage of HYPE’s bullish flag pattern -…
Tony Kim January 22, 2025 08:03 The Hong Kong Monetary Authority (HKMA) is warning the public about fraudulent websites and internet banking login screens linked to Chiyu Banking Corporation Limited. The Hong Kong Monetary Authority (HKMA) has issued a warning to the public about fraudulent websites and internet banking login screens claiming to be linked to Chiyu Banking Corporation Limited. This warning comes in response to reports received by the HKMA regarding these fraudulent online platforms. Public Warning Against Fraudulent Activities According to the HKMA, these fraudulent websites and login screens are designed to…
Ethereum’s native token, Ethereum (ETH), is currently the only cryptocurrency in the top 10 by market capitalization to have shown negative returns over the past 30 days.Top 10 cryptocurrency assets by market capitalization. Source: CoinGeckoWith crowd sentiment dropping to new lows each week, altcoins are desperate for a bullish resurgence, and on-chain data suggests that such a resurgence may not be far away. Ethereum address adds 330,000 Ether in 2 weeks.Cryptocurrency market analyst MAXPAIN highlighted that Ether addresses holding between 1,000 and 10,000 ETH have accumulated 330,000 ETH since January 7, worth over $1.08 billion. Ether Whale Address Analysis. Source:…
In a significant development for Memecoin and the broader cryptocurrency landscape, Bitwise Asset Management has filed for a Dogecoin ETF in the state of Delaware. The application is a notable addition to the growing list of publicly traded products aimed at providing investors with a new avenue for cryptocurrency exposure. How President Trump Could Change Cryptocurrency Regulation The timing of the new Dogecoin ETF filing is particularly relevant given the recent political situation in the United States. with donald trump As he takes office for his second term, there is renewed optimism surrounding the cryptocurrency regulatory environment. President Trump, who…
As the dust surrounding the “Trump Pump” trade settles, the price of Bitcoin (BTC) has established a range between $100,000 and $110,000 since the newly elected US president took office. The cryptocurrency asset rose 3.78% on January 21, but price action began to consolidate over the past 24 hours. With BTC failing to show a clear directional headwind on the lower time frame (LTF), one analyst believed that the sideways movement could continue until the end of the month. Will Quantitative Easing Fuel Bitcoin’s Next Rally?Krilling, a full-time cryptocurrency trader, hinted at the possibility of a sideways consolidation between $100,000…
John S, small business owner in Vancouver for John S, small business owner in VancouverThe mortgage payment seemed to be consuming him. He didn’t know what to do. The COVID-19 pandemic has reduced his income by nearly 40% and made his adjustable rate mortgage unsustainable. With mounting debt and a family looking to him for support, what John desperately needed was a financial breakthrough.For help, John called a financial strategist. Abraham Bental. The man specialized in resolving very difficult mortgage cases, and it showed. In one consultation, he gave me a whole new direction on my problem and suggested possible…