The price of Bitcoin (BTC) rose 8.5% in 2025, and the entire cryptocurrency market showed strength ahead of President-elect Donald Trump’s inauguration on January 20th. Bitcoin 1 month chart. Source: Cointelegraph/TradingViewWith BTC breaching $100,000 again, several analysts have set new all-time high targets for the largest cryptocurrency asset over the coming days.Could Bitcoin Reach $138,000 in February?Bitcoin closed a daily candle above $100,000 for the first time on December 8, but has only topped six figures for six days since. A daily close above $100,000 would be a significant turning point, and cryptocurrency trader Posty said BTC’s current price action…
Author: Crypto Flexs
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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, will pay a $5 million fine to settle with the Commodity Futures Trading Commission. According to Bloomberg, the company agreed to a “proposed consent order” signed by the CFTC on Monday. As part of the settlement, Gemini will pay a $5 million fine for providing false information to regulators during its efforts to launch the first regulated Bitcoin (BTC) futures contract in the United States. Gemini agreed to the settlement without admitting or denying the claims brought by the CFTC, which is scheduled to go to trial beginning January 21, 2025.…
Whale sold 19,001 AAVE tokens worth $6.5 million. AAVE is down 1.71% in the last 24 hours. For the past two days, AAVE It fell from a high of $361 to $335. The decline comes as large holders turn to profit-taking to maximize the pump effect in the new year. According to SpotOnChain, Whale sold 19,001 Aave tokens worth $6.5 million through Binance. Through this sale, the whale earned a whopping $4.93 million in profit. This sale is the first since Whale began accumulating altcoins in 2024. Whale withdrew 89,109 tokens worth $7.36 million last June. Even after the latest…
Bitcoin (BTC) surpassed $100,000 for the first time in 2025. Continued purchases by the largest corporate Bitcoin holder may have boosted sentiment. MicroStrategy said on January 6 that it purchased 1,070 bitcoins between December 30 and 31, 2024, for $101 million at an average price of $94,004. The recent purchase increased the company’s holdings to 447,470 Bitcoin.Metalplanet CEO Simon Gerovich said in a post on X that the company plans to increase its Bitcoin holdings from 1,762 to 10,000 in 2025.Cryptocurrency investment products also saw buying in the first three days of the year. According to a CoinShares report, inflows…
Real Vision CEO and former Goldman Sachs executive Raoul Pal said Solana (SOL) may soon enter “hyperspace” after one of its competitors encountered significant resistance. Pal told his 1.1 million followers on social media platform “SUI puts his nose to the ceiling…then he has to go into hyperspace.” Source: Raoul Pal/X Since Pal’s post, SUI has rebounded and is trading at $5.28 at the time of this writing. Looking at Solana, the investor says he too is bullish on SOL. He shares a chart that suggests SOL has broken out of the channel, flipped the upper limit from resistance to…
HighlightsButerin emphasizes a cautious approach to technology development and calls for more specific strategies to mitigate AI risks.He proposed implementation methods such as hardware registration and AI chip location tracking.Buterin also wants industrial-scale AI devices to receive weekly approval from international organizations to ensure controlled and responsible AI development. Citing a dangerous form of AI superintelligence, Ethereum co-founder Vitalik Buterin suggested temporarily shutting down globally accessible computing resources just to “buy more time for humanity.” Buterin wrote his thoughts in a January 5 blog post as a follow-up to his November 2023 post. Here he supported the idea of “defensive…
XRP (XRP) price printed a bullish flag on the daily chart, a technical chart pattern associated with strong upward momentum. Could this bullish setup and surging open interest signal the start of a second leg of XRP rising into double-digit territory?XRP price rises due to increased IOThe price of XRP has risen 15% over the past seven days, following several weeks of consolidation following the altcoin’s rise towards $3.00 in early December. The XRP/USD pair is up 1.5% from its intraday high of $2.44 on January 6, according to data from Cointelegraph Markets Pro and TradingView. XRP’s upside potential is…
XRP (XRP) price printed a bullish flag on the daily chart, a technical chart pattern associated with strong upward momentum. Could this bullish setup and surging open interest signal the start of a second leg of XRP rising into double-digit territory?XRP price rises due to increased IOThe price of XRP has risen 15% over the past seven days, following several weeks of consolidation following the altcoin’s rise towards $3.00 in early December. The XRP/USD pair is up 1.5% from its intraday high of $2.44 on January 6, according to data from Cointelegraph Markets Pro and TradingView. XRP’s upside potential is…
A critical support level was identified at $1.88, which coincides with the 78.6% Fibonacci retracement level. External factors, including increased adoption of liquid staking and the Ethereum staking mechanism, could further fuel LDO’s upward trajectory. The recent price action of Lido DAO (LDO) has sparked interest within the cryptocurrency trading community as the token has shown significant potential for upward momentum. LDO’s current trajectory, emerging from a falling wedge pattern, indicated a bullish breakout opportunity reinforced by important support and resistance levels. falling wedge pattern The descending wedge pattern on the LDO weekly chart suggested a bullish reversal. Defined as…
lawrence jenga January 6, 2025 07:01 Matrixport is launching the MP Perps Trading Competition from January 6 to February 6, 2025, featuring a $40,000 USDT prize pool and additional rewards such as iPhone 16 and PlayStation 5. Matrixport, Asia’s prominent cryptocurrency financial services platform, announced the launch of the Matrixport Perpetual (MP Perps) trading competition. The competition started on January 6, 2025 and will run until February 6, 2025, with a total prize pool exceeding 40,000 USDT. According to Matrixport, event participants can receive various rewards, including expensive items such as iPhone 16 and…