Tony Kim January 17, 2025 08:20 The raw materials sector is expected to grow in 2025 on the back of improving global dynamics, following a resilient performance in 2024 despite facing significant challenges. Commodities markets are preparing for a promising 2025, thanks to the resilient performance of 2024 despite numerous challenges. The natural resources sector showed remarkable strength last year, setting the stage for potential growth as global economic conditions improve, according to VanEck. Resilience in 2024 In 2024, commodity markets face a variety of challenges, including geopolitical tensions, demand fluctuations, and supply chain…
Author: Crypto Flexs
Smokey the Raccoon is back. This time, he shows himself to be better than he is. In the Le Viking slot, our favorite trash panda finds himself in the land of the ancient Norse, sporting a horned helmet and an orange beard that looks like it might have been borrowed from the Muppets. He convincingly disguised himself as a French mime at a death metal concert, but who’s to judge? Between pillaging victories and mastering the Viking “racoon” technique, Smokey is on a quest to prove that you don’t have to survive a longship rowing competition to pillage like a…
Zurich, Switzerland, January 17, 2025, Chainwire Hyperbridge extends token offering deadline, sets token creation event for Q1 2025 Following the successful launch of the mainnet and gateway token bridge, Hyperbridge has announced an extension of the Initial Relay Offering (IRO) deadline to February 28, 2025. This decision was made in response to overwhelming demand for over 52 million of the total 100 tokens. One million supplies have already been sold. This expansion offers potential participants a limited-time opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this expansion provides a final…
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…
XRP’s impressive rally resolves short-term liquidation but increases the risk of a long-term squeeze. Risk indicators are rising and liquidity below $2.50 is low, suggesting higher volatility ahead. XRP investors have reaped significant profits following the token’s recent impressive rise. But looming risk metrics seemed to hint at the chaos that could lie ahead. With over 90% of bearish liquidation levels exhausted and normalized risk reaching extreme levels, could now be the perfect moment to lock in profits before momentum shifts? Liquidation heatmap reveals XRP’s weak market dynamics. XRP’s liquidation heatmap highlights the token’s impressive upside while also exposing its…
Darius Varu January 17, 2025 08:47 VanEck’s analysis explores market dynamics in 2025 as investors explore technological innovations, inflation hedges, and the energy transition while managing risks posed by spending cuts and inflation. By 2025, the global financial landscape is poised for significant change as investors grapple with the challenges and opportunities posed by technological innovation, inflation hedges, and the energy transition. According to VanEck, these factors are critical as market participants try to balance potential risks and rewards amid spending cuts and inflationary pressures. Technological innovation accelerates The technology sector continues to drive…
Cryptocurrency investor optimism is evident ahead of US President-elect Donald Trump’s inauguration on January 20, which is expected to lead to clearer regulations for the industry.Buoyed by the prospect of more industry-friendly regulation, the XRP (XRP) token has risen to its highest level since 2018, unfazed by a recent legal appeal from the U.S. Securities and Exchange Commission.Adding to the positive outlook, the bankrupt FTX exchange is preparing to repay more than $1.2 billion to users following Trump’s inauguration, which is seen as a significant liquidity event for the cryptocurrency market.XRP hit a seven-year high as optimism outweighed concerns about…
Ethereum (ETH) futures open interest surged to an all-time high of 9 million ETH as of January 17. This milestone follows a 10% increase in open interest over two weeks, reflecting a growing appetite for leveraged positions despite a retest of Ethereum’s $3,000 support on January 13. Now traders are questioning whether this move is a sign of growing bullish sentiment or rising market volatility. .Ether futures aggregate open interest in ETH. Source: CoinglassBinance, Bybit, and Gate.io collectively control 54% of the market, with the Chicago Mercantile Exchange (CME) trailing by $3.2 billion, or 10% of open interest, according to…
Orbiter Finance, a cross-chain bridge protocol, plans to airdrop its governance token, OBT, to users on January 20th to coincide with Donald Trump’s inauguration. Orbiter announced that its native token, OBT, will be launched on the day of Trump’s inauguration to reward early supporters and encourage cross-chain token trading. Like many ERC-20 tokens, OBT will debut with staking and governance features. A total supply of 10 billion tokens will be launched on Ethereum (ETH), with additional issuance planned on ETH-based scaling networks such as Arbitrum (ARB) and Base. The project has allocated 40% of the total supply of OBT to…
Solana (SOL) has surged nearly 7% in the past 24 hours due to rising market sentiment and increasing speculation about a possible approval of the Solana ETF. As investor enthusiasm grows, SOL’s momentum aligns with broader cryptocurrency trends, fueling optimism about future growth.Solana (SOL) has seen a strong rise over the past 24 hours. Source: CoinGeckoSolana’s upward momentum is supported by 24-hour trading volume of $6.33 billion, reflecting increased market activity and investor participation.The cryptocurrency market is shifting towards altcoins, with assets like Solana gaining momentum. The Altcoin Seasonal Index rose 10 points this week to 55/100, indicating stronger performance…