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Dogecoin has plunged 30% from its yearly high, with bearish indicators like a "Death Cross" and Super Trend readings hinting at further losses.
Share link:In this post: The UAE now holds $40 billion in Bitcoin, proving itself as a global crypto leader with a thriving blockchain ecosystem. Between July 2023 and June 2024, crypto transactions in the UAE hit $34 billion, with stablecoins dominating 51% of the activity. The country’s pro-crypto regulations, including strict AML and KYC rules, have attracted massive institutional and retail investment.
Share link:In this post: Google’s new AI tools, like Gemini 2.0 and Project Astra, have pushed its stock to an all-time high of $199.91 and reinstated investor trust. The company is taking on Nvidia with its new Trillium chip and breaking ground in quantum computing with the Willow chip. Google is under pressure from rivals like Microsoft and Elon Musk’s xAI, while also facing tough antitrust lawsuits in the U.S.
Quick Take Uniswap Labs and web3 security firm Blockaid have partnered on a new onchain detection and response system to protect DEX users from malicious tokens.
Quick Take Vlad Tenev, CEO of trading platform Robinhood, said there have been internal discussions about holding bitcoin, but the company doesn’t have plans to maintain a BTC reserve. Robinhood’s stock price is “highly correlated with bitcoin,” he said.
TON’s user growth soared to 5 million daily active users, fueled by Telegram mini-apps. TON’s price and user activity are closely linked, with price surges boosting engagement. Despite volatility, TON remains a top performer with strong market activity in 2024.
Bitcoin’s social dominance rises as meme coin interest fades amid market volatility. Liquidations spike during Bitcoin rallies, indicating over-leveraged market positions. BTC’s RSI signals weak momentum, but MACD suggests potential stabilization.
XRP and HBAR led the market rally post the 2024 US elections. XRP rose 328% and HBAR skyrocketed 457% since then. President-elect Donald Trump has exposure to XRP and HBAR as well.
Quick Take MicroStrategy, the largest corporate owner of bitcoin, has proposed increasing its number of shares in the company. Stockholders will vote on proposals to increase Class A common shares by 10 billion and preferred shares by 1 billion.
- 16:16Data: Public Companies Hold More Than 597,000 Bitcoins, Growing at 124.8% by 2024According to data published by Bitcoin For Corporations, the number of bitcoins held by publicly traded companies is now over 597,000 units. With a 124.8% increase in adoption of corporate Bitcoin reserves in 2024, the era of Bitcoin as a corporate standard may have arrived.
- 16:12Analyst: BTC Has Broken Out of Cup and Handle Pattern, Signaling Potential Upside Target of $276,400According to analyst Ali Martinez, BTC has broken out of the cup-and-handle pattern, signaling a potential upside target of $276,400.
- 16:11BTC breaks above $104,000, up 4.75% intradayPANews, Jan. 17 (Bloomberg) -- BTC has just broken through $104,000, now at $104,012.10 per coin, up 4.75 percent intraday, the market shows.