A widely respected cryptocurrency strategist believes that a new altcoin that has posted astronomical profits in just a few months is poised to spark a new leap forward. A trader known by the pseudonym Bluntz tells his 308,000 followers on social media platform In a three-wave pattern. The analyst follows the Elliott Wave theory which states that an asset may witness a five-wave rally after completing its ABC retracement. According to Bluntz, AI16Z is gearing up for the final leg of a larger five-wave surge on its way to a new all-time high above $3. “We need to break another…
Author: Crypto Flexs
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Ozak AI is proving to be a notable presence in the fast-growing artificial intelligence industry, and has even caught the attention of experts and investors. Since the company already offers unique solutions and has built strong partnerships, experts believe the company could soon grow 100%. Industry experts are paying close attention to Ozak AI’s potential to differentiate the company’s solutions to existing market challenges, especially automation and machine learning. With the global market for AI still growing, Ozak AI’s trajectory shows that it can become an innovative player that will reshape the industry and deliver significant benefits to investors and…
Darius Varu January 10, 2025 07:49 The Hong Kong Monetary Authority announced a revised schedule for HKSAR bond issuance scheduled for early 2025, with a focus on infrastructure and sustainability. The Hong Kong Monetary Authority (HKMA) has released an updated provisional issuance schedule for agency government bonds (GBs) under the Hong Kong Special Administrative Region Government (HKSAR Government) program. This revised plan relates to the Infrastructure Bond Program and the Government Sustainability Bond Program, covering the period from January to March 2025, as announced on January 9, 2025. Various names and competitive bidding GB…
Phantom seemed to be showing a strong decline on the daily chart OBV has fallen below its November low and the next downside price target is $0.5. At the time of this writing, Fantom (FTM), soon to be rebranded as Sonic, had a bearish outlook in terms of technical analysis. Price action has been very bearish over the past month. In fact, it recorded a 52.6% loss in just 26 days. FTM will see a 1:1 token swap for the new Sonic Token S on Binance. The strategic plan to introduce Sonic as a new layer 1 blockchain, promising 10,000…
Zug, Switzerland, January 11, 2025, Chainwire Viewers will discover how blockchain technology can help indie developers innovate and overcome industry challenges. “Blockchain Gaming – Indie Games On-chain,” a Web3 documentary about indie games and the Polkadot ecosystem, officially debuts on Saturday, January 11th at 9AM ET. This film takes an in-depth look at the intersection of indie game development and blockchain technology. Directed by an award-winning photographer, the Pnin film serves as an accessible exploration of the fast-growing Web3 gaming industry. This documentary introduces the possibilities of Web3 gaming and explores the innovations and opportunities it presents to both players…
lawrence jenga January 10, 2025 08:21 The 2025 Bitwise/VettaFi Benchmark Survey shows growing enthusiasm among financial advisors for cryptocurrency investments, with notable increases in allocations and client interest. Surveys show growing enthusiasm for cryptocurrencies. The recently released Bitwise/VettaFi 2025 Benchmark Survey highlights a significant shift in financial advisors’ attitudes toward cryptocurrency investing. According to Bitwise Investments, a survey conducted shortly after the 2024 US election found that 56% of advisors are more willing to invest in cryptocurrencies in 2025 due to the election results. This is a pivotal moment for the cryptocurrency market, with…
Decentralized finance (DeFi) stablecoin issuer Usual Protocol responded to community backlash after its staked stablecoin USD0++ fell sharply from $1 on Friday, January 11. On January 9, USD0++ reached $0.92 after falling to $0.89 due to the introduction of a new minimum price mechanism and exit option.The protocol team has now introduced a series of measures, including early activation of the “Revenue Switch”, to address user concerns and stabilize the ecosystem.The revenue transition, starting January 13, will allow Usual Protocol to share real-world assets and revenue from protocol operations with the community. The team expects to generate approximately $5 million…
no way recent reports Bitwise and VettaFi found that 56% of financial advisors are more likely to invest in cryptocurrencies this year, with the 2024 US election outcome driving sentiment.Skyrocketing cryptocurrency prices and increased regulatory clarity in 2024 will lead to greater interest from both clients and advisors. In 2024, 96% of advisors handled client inquiries about cryptocurrencies, up from 88% in 2023.Additionally, the percentage of advisors allocating cryptocurrencies to client portfolios doubled year-over-year, from 11% in 2023 to 22% in 2024. Institutional investors (30%) and registered investment advisors (RIAs) (28%) were most likely to allocate cryptocurrencies, followed by wirehouse…
The cryptocurrency market has yet to find a footing to sustain the mentioned rally in the fourth quarter of 2024. With Bitcoin currently stuck below $95,000, many altcoins are struggling to make significant gains. Nonetheless, BeInCrypto analyzed three cryptocurrency tokens that performed better than their top coins this week. XDC Mainnet (XDC) XDC price has surged 21% over the past week, rising to $0.102 and breaking the critical resistance of $0.097. This significant rise shows growing investor interest and strong market momentum, putting the altcoin in a position to rise further if support levels remain intact. XDC’s next target is…
Yorg Healer January 10, 2025 09:30 CoreWeave has appointed Karen Boone as an independent board member, strengthening her leadership with extensive corporate governance experience. CoreWeave, a leader in AI cloud solutions, announced the appointment of Karen Boone as an independent member of its Board of Directors. Boone, a seasoned executive, will bring extensive experience in financial management and corporate governance to the role starting in January 2025, according to CoreWeave. Boone’s extensive experience Karen Boone’s career is marked by holding significant leadership roles in major corporations. She most recently served as Interim Co-CEO and…