Jupiter broke above local resistance at $0.95, and the price was just below $1.15 resistance at press time. There is a possibility that it may fall to $1.06 in the near future. Jupiter (JUP) returned 36.76% on Saturday, January 18th. In the last 24 hours, Jupiter’s daily trading volume has increased by 34% and its daily trading volume has increased by 678%. This appeared to be a strong bullish signal for altcoins. The altcoin market structure was strong on both the daily and 4-hour charts. However, there is a possibility of a reversal in the $1 direction. How deep can…
Author: Crypto Flexs
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Suspicious trading activity has emerged as the market cap of U.S. President-elect Donald Trump’s Solana-based official TRUMP memecoin soars to $42 billion, sparking a frenzy among retail investors.On January 18, on-chain analytics firm Bubblemaps investigated a cryptocurrency wallet that received $1 million in funding four hours before the launch of the TRUMP token. On-chain data shows that the wallet purchased $5.9 million worth of TRUMP tokens in its first moments of launch and later sold $20 million while holding $96 million worth of tokens. TRUMP tokens were then routed through the wallet and distributed to 10 other wallets, and are…
Louisa Crawford January 14, 2025 06:43 Discover expert insights on how to build a social media presence in the Web3 space, including tips from industry leaders on how to optimize your online profile and communicate effectively with your audience. Mastering Social Media in the Digital Age Building a strong social media presence is becoming increasingly important in the rapidly evolving Web3 environment. According to a16z crypto, understanding how to effectively navigate social media platforms can greatly improve your online profile and expand your reach. These insights were shared in a recent podcast episode featuring…
Timothy Morano January 14, 2025 07:21 Bitcoin fell 15% as U.S. Treasury yields rose and the Justice Department planned a large-scale Bitcoin liquidation, impacting market dynamics. Bitcoin (BTC) has recently faced severe market turmoil, according to a report from Bitfinex Alpha. The cryptocurrency fell to a low of $91,430 last week, down more than 15% from its all-time high of $108,100 observed in December 2024. The sharp decline is due to heightened investor caution due to a surge in U.S. Treasury yields and continued capital outflows. Spot Bitcoin ETF. Market Impact and Response With…
Bitcoin (BTC) has recovered to the $105,000 level after rising 5.1% over the past 24 hours. As of press time, the flagship cryptocurrency is trading at $105,505, with a 10% increase in registered prices in the memecoin segment. BTC began a sharp correction last week following stronger-than-expected US labor market data. From January 7 to 13, it recorded a 10% decline from the $101,000 price range to the low of $90,000.However, the US consumer price index in December is estimated to have increased by 0.4% compared to the previous month. This has raised expectations of an interest rate cut in…
Venture capitalist Chris Burniske believes cryptocurrencies will soon enter uncharted territory as the United States welcomes Donald Trump’s election as president for a second time. Burniske told his 317,600 followers on social media platform BTC’s four-year cycle is based on a halving event, where Bitcoin miners’ rewards are halved every four years. In the past, halvings have been correlated with parabolic rallies in Bitcoin, as a drop in new BTC emissions creates an imbalance between supply and demand. Bernisk says: “Continue to believe that BTC is likely to break the simple four-year cycle it has followed for the past 12…
join us telegram A channel to stay up to date on breaking news coverage Just hours after the new $TRUMP coin hit the cryptocurrency market, the fledgling $TONALD token arrived with a declaration of war on its political meme coin rival, establishing itself as the people’s true anti-establishment cryptocurrency. Donald Trump’s new official Trump ($TRUMP) meme coin has begun flipping Dogecoin and Pepe by $28 billion on a fully diluted basis. But unlike the official Trump coin controlled by a billionaire, $TONALD is an uncensored, community-driven alternative. $TONALD Is Not Just Another Trump Coin Launching the Tonald token ($TONALD) in…
Jessie A. Ellis January 14, 2025 07:55 Explore key trends in DeFi, including growing institutional interest, regulatory challenges, and the rise of layer 2 solutions, as analyzed by Pantera Capital. Decentralized finance (DeFi) continues to evolve as a pivotal component of the blockchain ecosystem. According to Pantera Capital, several key trends are currently shaping the future of DeFi and presenting both opportunities and challenges for market participants. Institutional interest in DeFi One of the most important trends for DeFi is the growing interest from institutional investors. As traditional financial institutions recognize the potential of…
January 17th Is Bitcoin Layer 2 the future of BTC adoption? Posted: January 17, 2025 education by admin Explosive increase in interest and development resources The Bitcoin Layer 2 (L2) protocol has gained significant traction, sparked in part by the introduction of ordinal and runes, which have shown new ways to integrate programmability into Bitcoin’s conservative framework. With the community divided over these unconventional ways of introducing programmability or tokens or even smart contracts to Bitcoin through things like Ordinals, there has been a lot of interest and investment in finding a better way to add additional functionality to Bitcoin,…
Raydium emerged as the top Solana DEX with a strong lead in network fees and revenue. RAY hits a new ATH as market excitement returns to the charts. Solana’s ecosystem is exciting once again, and Raydium remains the most popular means of access. This means that it is maintaining the same trend observed last year when Raydium was the king of Solana DEX. Raydium has maintained a strong lead as the most dominant DEX in the Solana ecosystem over the past 12 months. This phenomenon was especially evident when looking at the fees incurred during the aforementioned period. In fact,…