301.74K
1.14M
2024-06-05 08:00:00 ~ 2024-06-12 09:30:00
2024-06-13 04:00:00
Total supply42.00B
Resources
Introduction
Aethir is the only Enterprise-grade AI-focused GPU-as-a-service provider in the market. It’s a decentralized cloud computing infrastructure that allows GPU providers (containers) to meet Enterprise clients who need powerful H100’s chips for professional AI/ML tasks. Aethir also support cloud gaming clients with their virtual computing phones and GPU's with contracts with the world’s largest telecommunication company. Everything within Aethir ecosystem will be decentralized and community-owned.
The price of Official Donal Trump (TRUMP) memecoin draws billions back on early Monday, as Bitcoin hits its all-time high price hours ahead of the inauguration of the 47th US president. TRUMP Bounces Back After MELANIA Drop Official Donald Trump’s memecoin, TRUMP, made another 65% jump early Monday, rising back to $63.50 after a steep 48.5% correction to a low of $38.39 on Sunday night. Sponsored The Solana-based presidential token, launched on Friday, January 18, made history by amassing billions in market capitalization within hours over the weekend. TRUMP, which entered the market at $10, surged in value, reaching an all-time high of $75.35 the following day and generating a nearly $15 billion market cap after major exchanges listed the coin. TRUMP memecoin recovers after steep correction caused by MELANIA memecoin launch. Source: CMC The TRUMP token dropped sharply on Sunday after the soon-to-be First Lady launched her own memecoin, Official Melania Meme (MELANIA), on January 19, causing a liquidity drain from TRUMP and many other altcoins. Bitcoin Reaches All-Time High Bitcoin spiked suddenly by 9.48%, reaching a new all-time high of $109,114 Monday morning, as Donald Trump’s inauguration approaches later today and expectations grow that he could establish a US Bitcoin reserve. Bitcoin spikes hours ahead of Donald Trump’s inauguration on January 20. Source: TradingView Samson Mow, a Bitcoin developer, posted on X , referring to the spike as a ‘God Candle.’ This term describes an unusually large and sudden price movement in a single candlestick, often signaling a strong trend reversal or continuation. Why This Matters The crypto market is pinning high hopes on Donald Trump’s inauguration, with expectations that the incoming US president will sign legislation granting more freedom to crypto industry players in the US, which could trigger a massive bull run in the near future. Check out trending DailyCoin’s articles: Polkadot (DOT) vs Chainlink (LINK): On-Chain vs Off-Chain CAM Token Takes Flight: Camino Network Launches on Major Exchanges
The broader digital currency ecosystem is still reeling from the latest price action of Bitcoin (BTC) and some of the altcoins in the top 10. Reacting to recent events, BTC advocate Samson Mow has spotlighted the "God Candle" on the Bitcoin chart. He accompanied the post on X with an "Omega" icon, with watchful eyes on the trend. Bitcoin Omega Candle: More to come In the past few weeks, when the price of Bitcoin traded in a consolidation channel below $98,000 before breaking out, Mow has always maintained his stance that the coin was undervalued. As reported earlier by U.Today, the Bitcoin price has now broken out, hitting a new all-time high (ATH) of $109,114.88. God Candle ✅ ♎️👀 — Samson Mow (@Excellion) January 20, 2025 The Bitcoin price jumped to that ATH from a low of $99,471.36 in 24 hours amid a 5% rally. Drawing on Samson Mow’s past thesis, this is just the tip of the iceberg for the flagship digital currency. His earlier forecasts tip the cryptocurrency to jump as high as $500,000 in the short term by up to $1 million in the long run. His convictions about Bitcoin have triggered his ongoing campaign to onboard nation-states into the Bitcoin ecosystem. BTC-Ripple effect on altcoins As the broader digital currency ecosystem placed its focus on Bitcoin, many altcoins also outperformed in the past week. Top on this list is XRP, whose price breached a seven-year high when it soared to a new high of $3.38. Solana (SOL) also outperformed the general market as a new wave of meme coins stormed its ecosystem over the weekend. The hype around these new token launches has pushed the coin's price to a new ATH of $294.33. The industry is advancing its bull cycle at a remarkable pace. While not all coins have reclaimed their ATHs, the dividends of the Bitcoin rally are largely being felt across the board.
Solana (SOL), the "Ethereum killer," has flipped all other altcoins to emerge as the best-performing altcoin in the top 50 coins listed on CoinMarketCap. Its rebound journey, which commenced about seven days ago, has finally yielded positive results for its ecosystem. Solana's impressive surge As data from CoinMarketCap reveal, Solana surpassed every other asset, soaring by over 11% in the last 24 hours. A rise that saw the coin breaching several resistance levels in a move that caught many market participants unaware. SOL is changing hands at $239.77 after it reached a high of $243.87 in early trading. Within seven days, Solana recorded a notable surge from $175.18 to its current price level. SOL 1D Price Chart. Source: CoinMarketCap This places SOL less than 10% away from flipping its all-time high (ATH) of $263.83, which it attained about two months ago on Nov. 22, 2024. However, Analysts predict that SOL’s bullish rise could reverse unless the current uptrend continues. If this happens, the coin might experience a crash that could cancel all the gains made within the last seven days. The leading digital currency, Bitcoin (BTC), has started experiencing price fluctuations in the broader crypto space. BTC had earlier risen to $105,884.23 but could not sustain the tempo and has now slipped to $103,283.13. Factors supporting Solana's stability Market watchers believe the Solana ecosystem could support the coin to retain its value. As of this writing, investors’ interest, marked by the trading volume, has soared by 104.08% to $13.18 billion. If sustained, they believe such confidence in the asset could help drive the price to higher levels. Additionally, market participants must avoid causing panic with large SOL sell-offs as that could upset price stability. Meanwhile, if Solana developers make good on their promise to resolve scalability issues, the congestion menace could become a thing of the past. This might help increase adoption and meet the growing needs of the rapidly expanding network.
XRP, in the last seven days, has progressed on a bullish trajectory in a move many anticipated would see it flip its all-time high (ATH). XRP stands just 17.74% away from surpassing its ATH of $3.84 set in January 2018. XRP Open Interest surge fuels optimism The asset, which rose to a high of $3.31 in the early trading session, has experienced correction and dipped slightly. Analysts consider this dip to $3.17 as XRP entering a reset mode that could see it rebound to set a new ATH. Per the projections, the XRP Open Interest data signals this rebound is imminent. According to CoinGlass data , XRP Futures Open Interest has recorded remarkable figures despite the price dip. Within 24 hours, 2.34 billion XRP has been committed to futures trading. In dollar terms, this Open Interest volume is worth $7.41 billion. Notably, Bitget, Bybit, Gate.io and Binance are the exchanges where traders placed the most open interest commitment. Traders on these crypto exchanges are betting on XRP to post another rally soon. Bitget leads with $1.91 billion or 25.77% of the total volume, followed by Bybit, which has $1.54 billion or 20.83%. Gate.io and Binance registered $1.53 billion and $1.46 billion, or 20.69% and 19.65%, respectively. Cumulatively, the four exchanges account for 86.94% of the overall volume. Broader market dynamics and regulatory change Experts consider this surge in Open Interest figures to signal the rising confidence among market participants trading on XRP. Several broader market dynamics could have triggered soaring interest in XRP. XRP’s recent performance has seen it climb in an epic breakout , outshining Bitcoin and Ethereum. The bullish run of XRP has sparked discussions among some stakeholders that XRP has entered a price discovery mode. This is because the price of XRP surpassed $3 after about seven years running. Market watchers are keenly observing how XRP will perform in the coming days after the inauguration of a new President in the U.S. on Jan. 20, particularly with a new Securities and Exchange Commission Chair Paul Atkins set to take over.
Today we witnessed Solana make a really serious attack and break the all-time high price record. With the rise, the all-time high price record for SOL has now been updated to $270.67. With the decline after the record, the SOL price is trading at $255 at the time of writing this article. We shared the reason for the rise with you today as Bitcoinsistemi.com. The new President of the USA, Donald Trump, launched a memecoin and chose Solana as the blockchain network. Related News BREAKING: Solana (SOL) Breaks All-Time Price Record - What's Driving the Rally? However, the cryptocurrency market is still debating how high SOL can go. Andrew Kang, an analyst with numerous past reviews on the subject, shared the price level that SOL could reach in this cycle. Kang claims that with Donald Trump’s latest move, there could be a potential US Strategic Reserve initiative for Solana. Kang suggested that the price of SOL could rise to $500 this year. At the time of writing, Solana is trading at $254. If it were to rise to $500, Solana would have a market cap of approximately $250 billion. *This is not investment advice. Advertisements
Elon Musk’s involvement with Dogecoin ( DOGE ) has been a game-changer in the past, driving massive price movements with just a single tweet. With the announcement of the Department of Government Efficiency ($DOGE) and its ties to the White House, the crypto world is buzzing with speculation about what’s next for Dogecoin. Here's what you need to do to stay ahead as a crypto investor : 1. Monitor DOGE Price Movement Closely Elon Musk’s announcements have historically caused significant price volatility for DOGE. The introduction of this project is expected to renew interest in Dogecoin, especially as media attention and hype build around Musk’s White House office. Traders should keep a close eye on DOGE’s price action, as even small updates about the project could trigger rapid price changes. Short-term traders may find opportunities for profit, while long-term holders should watch for sustained growth potential. 2. Stay Alert to Public Statements Social Media Activity Musk’s influence on Dogecoin through his tweets and public remarks is undeniable. Any social media buzz surrounding the $DOGE project could directly affect Dogecoin’s price. Traders should actively monitor platforms like Twitter, where Musk often shares updates and thoughts that drive market sentiment. Proactive traders who react quickly to these updates may gain short-term advantages. Musk’s tweets have a history of creating FOMO (Fear of Missing Out), leading to quick price surges. 3. Prepare for Short-Term Volatility The announcement of Musk’s project has the potential to cause significant volatility in Dogecoin’s price . Traders should be ready for an initial price surge fueled by excitement, followed by a possible correction if the project’s details remain unclear or if expectations aren’t met. Pro Tip: Set stop losses to protect against potential losses in case of sharp downturns after an initial rally. 4. Long-Term Prospects for DOGE The long-term success of Dogecoin will heavily depend on the visibility and impact of Musk’s $DOGE project. If it leads to more mainstream adoption or partnerships with government entities and corporations, Dogecoin could experience sustained growth. However, traders should remain cautious. If the project fails to deliver significant outcomes or if Musk’s influence diminishes, price corrections are inevitable. DOGE/USDT 1-day chart - Bitget 5. Diversify Your Portfolio Dogecoin remains a highly speculative and volatile asset. While Musk’s involvement can create short-term profit opportunities, it’s crucial for traders to maintain a diversified portfolio. Balancing DOGE with other stable assets is key to mitigating risk. Dogecoin Price Prediction: What to Expect Short-Term (Next Few Days to Weeks): Expect an initial price surge as news about Musk’s White House project spreads. Market reactions to Musk-related updates are typically swift, and the connection to the White House could amplify interest in DOGE. Mid-to-Long-Term: If Musk’s project gains momentum and contributes to increased adoption of Dogecoin, the token could see continued growth, potentially towards the previous ATH around $0.74. However, if the project fails to meet expectations, DOGE may face significant corrections. Final Advice for Traders Capitalize on Short-Term Gains: Stay prepared to act quickly on DOGE’s price movements triggered by Musk’s announcements. Manage Long-Term Risk: Remember that Dogecoin remains speculative. Practice proper risk management and avoid overexposure to a single asset. Diversify: Combine speculative assets like DOGE with more stable investments to safeguard your portfolio against volatility.
Solana reached a new all-time high of $294.33. SOL is trading at $243, down over 9% in the past 24 hours. The global cryptocurrency market is facing a bearish downturn, shedding 2.54% and bringing its market cap down to $3.54 trillion. Amid the dip, the altcoin Solana (SOL) defies the trend, reaching a new all-time high of $294.33. Despite the uptick, SOL couldn’t escape the red zone. However, market analysts expect SOL to near the $400 threshold shortly. Notably, the altcoin has registered a loss of over 9.05%. With a $118 billion market cap, Solana trades at $243.13. The altcoin opened the day trading at $266.29, and it climbed up to hit its ATH. Later, the Solana price sharply fell back to visit its previous low of $231.63. Moreover, SOL has witnessed a 24-hour liquidation of $110.83 million. Consequently, the daily trading volume of SOL has reached $35 billion. The altcoin has surged over 34.44% in the past seven days. The week began trading at $183.24, and Solana steadily ascended to the current trading level. Is Solana Gearing Up for a New Peak? Solana’s four-hour trading window displays the in-progress downside correction. SOL trades 16.78% below its new all-time high, and the support at $240.63 is crucial. If bearish pressure intensifies, the altcoin could drop to the $235 range, with a possible extended loss to even lower. If this momentum flips, Solana’s price could likely test the nearby resistance level at $246.88, and a brief bullish outlook may enter the market. Breaking through this mark could push the asset above the $250 range, and if it sustains, SOL might move closer to its ATH. The technical indicators of SOL report bearish momentum by inferring the Moving Average Convergence Divergence (MACD) line. It has settled beneath the signal line, and this crossover indicates a downtrend and a potential sell signal. SOL chart (Source: TradingView ) In addition, the Chaikin Money Flow (CMF) indicator is settled at 0.08, suggesting a positive money flow and moderate buying pressure in the market. In the meantime, the daily trading volume of Solana has increased by over 42.30%. Solana’s daily relative strength index (RSI) is positioned at 53.77, which infers its neutral position. Besides, the daily frame of SOL exhibits the short-term 9-day moving average above the long-term 21-day moving average. Highlighted Crypto News Dogecoin Drops Below $0.40 as TRUMP Meme Coin Takes the Spotlight
Whales accumulated more than 100 million XRP in the last couple of days. XRP surged over 5% today, and it is currently trading at $3.32. Amidst Donald Trump inauguration as the President of the US for the second time, the crypto market is witnessing an incredible price surge. Trump’s promise to make the US a crypto capital in the world has played a huge part in his re-election. Additionally, Donald Trump’s increasing involvement with the industry with TRUMP memecoin, WLFI project, and the purchase of four ENS domains , the crypto community is hoping for a more regulatory clarity and adoption of crypto and blockchain technology in his term. Trump’s pro-crypto stance not only impacts the crypto industry’s adoption in the US, but also in other countries across the globe. With the present inauguration ceremony, combined with fostering relationships between Ripple executives and Donald Trump, XRP is estimated to go on a further price surge. Whales Accumulate Over 100 Million XRP Whales bought over 100 million $XRP in the last 48 hours, as shown by data from @santimentfeed ! pic.twitter.com/TVdqt65Nu4 — Ali (@ali_charts) January 20, 2025 As per renowned market analyst Ali Martinez posted on X, XRP whales that hold tokens in between 1 million and 10 million have bought over 100 million XRP in the past couple of days. Ali posted the statistics from Santimentfeed and emphasized its findings. Ripple’s XRP has already proved its strength in the market following Trump’s election and Ripple’s partial win against the SEC. It went on a huge price surge in Nov 2024, and reached a high of around $2.7 from the low of $0.5, within less than a month. XRP Price in the Last 24 Hours (Source: CoinMarketCap ) XRP price is trading at around $3.3, with a considerable price surge of over 5%, at press time. While market cap hovers around $189 billion with 5% increase, trading volume is a staggering $21 billion, increased by 82% in the last 24 hours. The whale’s accumulation of over 100 million XRP within 48 hours is clearly pushing the price of XRP. With XRP playing around at the $3.3 price level, it doesn’t take long for breaching its previous all-time high value of $3.4. On another note, ProShares plans to launch XRP-based ETFs with favourable market conditions in the US and improved regulations around the crypto industry. The legal victory, change of the government, increased institutional investment are all propelling XRP to new highs. Highlighted Crypto News Today: Justin Sun Increases World Liberty Financial Investment to $75M
TL;DR Analysts and traders anticipate a significant price surge for ADA, citing specific favorable technical patterns. Some optimists think the asset may soon hit a new ATH of as high as $7. ‘Grand Bull Market’ Incoming? The cryptocurrency market has been on a tear in the past several hours, with some leading digital assets reaching unseen levels. Bitcoin (BTC), for instance, tapped an all-time high of over $109,000 earlier today (January 20). Cardano’s ADA has also recorded a solid performance in the past several days despite not hitting a new peak. Its price is up over 15% on a weekly scale, currently trading at approximately $1.09 (per CoinGecko’s data). Numerous industry participants think the recent rally could be just the ignition of a massive surge for Cardano’s native token. The veteran trader Peter Brandt believes the altseason is incoming, with ADA poised for a “grand bull market.” X user Ssebi also touched upon the matter, claiming that the token’s price has touched the 20-day Moving Average (MA) and “bounced off it.” “I think we are about to see an explosion for ADA in the next few days. The liquidity from TRUMP has got to flow somewhere,” they assumed. Other market observers outlining price predictions lately include Dan Gambardello and Altcoin Daily. The former thinks ADA has “one of the most bullish weekly pattern setups in crypto,” envisioning a potential price explosion to as high as $7. Altcoin Daily forecasted that the valuation might hit $6.45 sometime in 2025. The Potential Success in the Following Months Trump’s incoming presidency is considered good news by the crypto community in general due to his positive stance toward the industry outlined in the past several months. Cardano’s ADA is among the digital assets that may experience a substantial rally due to his return to the White House, considering Hoskinson’s disclosure in November last year. Back then, Cardano’s founder revealed his intentions to work alongside Trump’s cabinet to create a comprehensive and possibly more favorable regulatory environment for the crypto industry. In addition, Cardano’s ecosystem is set to undergo some essential developments this year, and that possible progress might trigger a positive effect on the price of the native token. Some of the improvements involve the Hydra scaling solution. Those curious to explore what else is on the agenda, please take a look at our dedicated video below:
Here are the top three news stories over the past day presented to you by U.Today. Ripple CTO reveals painful truth about XRP $3.84 "ATH" Ripple CTO David Schwartz has recently taken to X platform to engage in a discussion regarding the $3.84 price point that XRP reached in January 2018, and whether it was indeed an all-time high for the asset. User @Onlyhoodvibes88 tagged Schwartz, stating that the aforementioned price level was not an ATH for XRP; he argued that the $3.84 figure was misleading and attributed it to inflated prices from Korean exchange rates. In his reply , the CTO confirmed that this ATH was misrepresented in media reports and that one could not sell or buy XRP for $3.84 back then. Schwartz explained that this high price contained "inflated amounts due to the use of 'official' currency exchange rates for Korean exchange rates." Meanwhile, XRP continues to trade above the $3 mark; at the moment of writing, it is valued at $3.26, per CoinMarketCap. Top expert: Litecoin ETF next in line As stated by ETF analyst Eric Balchunas, Litecoin is likely to be the next cryptocurrency to receive spot ETF approval in the U.S. The recent amendment to the S-1 filing by Canary Capital Group suggests that the SEC may be moving toward approving such a product. However, despite the optimism surrounding this development, the outcome remains uncertain. "We had heard chatter that the Litecoin S-1 had gotten comments back from SEC. This looks to confirm that which bodes well for our prediction that Litecoin is most likely to be the next coin approved," Balchunas said . Currently, per Polymarkets bettors, there is a 54% chance of a Litecoin ETF being approved by 2025, with a 39% likelihood of approval before July 31. There are pending ETF applications for altcoins like Solana and XRP. However, Balchunas has previously stated that these products are less likely to be approved before Litecoin due to regulatory issues. Shiba Inu (SHIB) awaits 64 trillion level: Massive accumulation Shiba Inu is currently showing mixed signals on the market. While its price remains relatively unchanged, on-chain data reveals significant accumulation at a key support level between $0.000021 and $0.000022, where over 64 trillion tokens are held by approximately 30,800 addresses. This support level is critical for determining SHIB's future direction. Currently, 35% and 62% of SHIB addresses are profitable, having purchased the asset at lower prices. However, 63% of addresses remain unprofitable, reflecting trader hesitancy. If SHIB can maintain accumulation at this level, a recovery scenario toward $0.000024 or higher becomes conceivable. On the other hand, a decline below $0.000021 could trigger a bearish trend, highlighting the importance of this support level for SHIB's price trajectory.
Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory. Technical Analysis By Shayan The Daily Chart The $90K support zone has proven to be a robust floor, holding the price steady in recent months and showcasing strong buyer confidence. This resurgence of buying interest has driven Bitcoin above the channel’s middle trendline, positioning it close to the ATH at $108K. That peak level represents a substantial resistance region with concentrated supply and heightened selling pressure. As Bitcoin approaches this critical threshold, short-term volatility is expected due to the ongoing battle between buyers and sellers. If bullish momentum continues, reclaiming the ATH at $108K could trigger a short liquidation cascade, likely resulting in another surge as market participants rush to cover positions. The 4-Hour Chart The lower timeframe highlights the importance of the $90K support, which has consistently halted downward momentum in recent months. This has fueled an impulsive bullish move, driving Bitcoin toward the $108K resistance zone. This region not only represents Bitcoin’s ATH but also aligns with the ascending channel’s middle boundary, further reinforcing it as a critical juncture. A successful breakout and consolidation above this level could pave the way for a sustained rally toward new highs. The upcoming price action at the $108K resistance region will be crucial in determining Bitcoin’s next trend, with heightened volatility expected in the short term. On-chain Analysis By Shayan The realized price of UTXO age bands, particularly for the 1-3 month cohort, offers critical insights into short-term holding behavior and broader market sentiment. This metric represents the average acquisition price for recent buyers, acting as a dynamic support or resistance line that reflects market confidence. When Bitcoin is above this short-term cohort’s realized price, it signals growing bullish momentum. This indicates that new buyers are confident in holding their positions, even at elevated price levels. Conversely, a drop below this threshold suggests a heightened risk of sell-offs, as these participants face unrealized losses. Recently, the realized price for the 1-3 month UTXO cohort at the $90K region has acted as a crucial support level, pushing the asset up toward its ATH. Bitcoin holding above this level signals a bullish sentiment in the market, with the potential for the price to continue its upward trajectory. However, if the cryptocurrency breaks below this dynamic support line, market sentiment could shift to a fearful state, increasing the likelihood of a distribution phase.
The value of Hedera’s HBAR has surged 27% over the past week. This rally comes after the altcoin broke out of a consolidation range it had traded within for several weeks. As demand accelerates, HBAR is poised to revisit its all-time high of $0.57, which it last reached in 2021. This analysis explains why. Hedera Bulls Aim to Send Token’s Price Higher HBAR has recorded a 27% surge over the past seven days, breaking out of its previous rangebound trading pattern. For the past month, broader market consolidation kept HBAR’s price within a range, facing resistance at $0.33 while finding support at $0.26. However, its double-digit rally has propelled it above this range, with HBAR currently trading at $0.35. The breakout reflects growing buying pressure and sets the stage for potential further gains as bullish momentum builds. Currently, HBAR trades above its 20-day exponential moving average (EMA) at press time, reflecting the bullish market trend. This moving average tracks the average price of an asset over the past 20 days, giving more weight to recent prices to reflect short-term trends. HBAR 20-Day EMA. Source: TradingView When an asset’s price is above its 20-day EMA, it signals bullish momentum. It indicates that buyers are driving the market and that the asset may continue to rise in the near term. Further, the setup of HBAR’s Moving Average Convergence Divergence (MACD) indicator confirms this bullish outlook. The altcoin’s MACD line (blue) currently rests above its signal line (orange). HBAR MACD. Source: TradingView When this indicator is set up this way, it indicates a bullish trend. This means that buying activity exceeds selloffs among market participants, hinting at the possibility of an extended rally. HBAR Price Prediction: Sustained Demand Could Propel It Toward $0.57 ATH HBAR’s sustained demand could drive its price above the key resistance at $0.44. A successful breach of this price level could provide the support needed for the altcoin to reclaim its all-time high of $0.57, which was last reached four years ago. HBAR Price Analysis. Source: TradingView However, a drop in buying activity would invalidate this bullish scenario, causing the token’s price to retreat into its previous range and hover around $0.30.
XRP meme coins are emerging as key drivers of growth, helping users stay “locked in” to the ecosystem’s potential gains. Research and caution remain crucial, as risks like rug pulls accompany the rising appeal of XRPL meme coins. Currently, XRP Meme Coins Gain Traction: The Next Big Opportunity? As XRP surges past $3 for the first time since 2018, a hidden trend within its ecosystem is gaining momentum: the rise of meme coins on the XRP Ledger ( XRPL ). Market commentators, including prominent XRP trader Polly, suggest that owning XRP meme coins is key to being “locked in” and maximizing returns in this expanding ecosystem. As highlighted in a CNF update, XRP meme coins play a significant role in the broader crypto landscape. In addition , XRP was recently named one of the 5 Best Cryptos To Buy Right Now For 2025, and meme coins are proving to be pivotal in driving interest. Today’s tweet from XRP Memes underscores this shift, stating that it is time for memecoins on XRP to shine. The best part? This is happening just as XRP breaks its ATH after 7 years, marking the start of the biggest alt season in history. Memecoins on ETH had their run. Memecoins on SOL had their run. Now, it’s time for memecoins on XRP to shine. The best part? This is happening just as XRP breaks its ATH after 7 years, marking the start of the biggest alt season in history. You’re not bullish enough. — XRP Memes💎 (@eksrp123) January 16, 2025 Top Performers and Risks Several tokens are leading the charge in the XRPL meme coin market. Crypto Bitlord has identified standout coins like ARMY, JELLY, RipTard, PHINX, and PONGO, which range from speculative bets to potential blue-chip investments. Investor Juke highlighted RIBBLE, a frog-themed token whose market cap jumped from $250,000 to $800,000, as a promising option poised for further growth. However, caution is warranted. Some newer tokens have suffered catastrophic losses due to rug pulls and team-led sell-offs. Industry expert Edoardo Farina recommends sticking with established tokens like DROP, PHINX, ARMY, BERT,and SIGMA to mitigate risks. XRPL Meme Coin Market Achievements The rise of meme coins on XRPL has delivered impressive results. According to First Ledger, ARMY leads the market with a cap of $85.5 million, over 11,000 holders, and nearly 48 million XRP in trading volume. Other top performers like PHINX, LIHUA, SLT, and DROP are collectively boosting the appeal of the XRPL ecosystem. While the potential for high returns is attracting significant interest, community leaders stress the importance of research and risk management. This surge in meme coin activity aligns with XRP’s price growth, which has increased by 8.85% in the past day and 44.72% in the past week, currently trading at $3.32, according to Coin Market Cap. See XRP Price chart below. [mcrypto id=”345586″] Recommended for you: Buy Ripple (XRP) Guide Ripple XRP Wallet Tutorial Check 24-hour XRP Price More Ripple (XRP) News What is Ripple (XRP)?
Komainu, a regulated digital asset custodian backed by Laser Digital, a Nomura company, has secured $75 million in strategic investment from Blockstream Capital Partners (Blockstream), subject to relevant regulatory approvals. This investment, uniquely funded in Bitcoin, is set to transform Komainu’s operational capabilities and position it as a leader in the institutional adoption of cryptocurrency. Bitcoin-Funded Investment: A Growing Trend The investment highlights a new trend in the crypto industry: businesses raising funds in Bitcoin and retaining it in their treasuries. Komainu plans to establish a treasury function to manage its Bitcoin holdings. Paul Frost-Smith, Co-CEO of Komainu, explained to Unlock Blockchain: “We expect this to be an increasingly common trend among crypto-focused businesses. Komainu will run a treasury function around its own Bitcoin positions going forward, taking into account yield enhancement opportunities as well as hedging as necessary. Bitcoin may be liquidated and repurchased as part of this operation to meet corporate requirements, but the intention is to hold Bitcoin on the balance sheet going forward.” Accelerating Growth with Blockstream’s Technology Komainu plans to leverage Blockstream’s advanced technologies, including the Liquid Network, AMP platform, and enterprise HSM wallet, to enhance its offerings. The Liquid Network will cut settlement times for Komainu Connect, its off-exchange margining and settlement solution, from hours to minutes. AMP technology will automate support for tokenization and enable trustless trading solutions. Paul Frost-Smith emphasized the impact of this partnership, telling Unlock Blockchain: “This funding will allow us to accelerate our ambitious growth plans at a time of unprecedented interest from institutions in digital assets, and Bitcoin approaching its all-time high (ATH). With access to Blockstream’s cutting-edge technology, Komainu is uniquely positioned to build wide-ranging, low-latency offerings to maximize efficiencies and enhance client services in collateral management and tokenization. By aligning with one of the visionary companies in the Bitcoin ecosystem, and Adam Back joining our Board, Komainu is now uniquely positioned to become the go-to provider of all services related to Bitcoin for institutional clients.” A Partnership for Institutional Adoption This investment marks a milestone in institutional adoption of Bitcoin-related technologies. Adam Back, CEO of Blockstream Corp, highlighted the significance of this collaboration: “We are delighted that Komainu is adopting Blockstream’s various technology streams to enhance its institutional service offering. This is testament to the fundamental veracity of Bitcoin-related technologies and applications and marks the first time that these have entered the institutional arena. I am confident this will be the first of many such use cases as the institutional community wakes up to the power of the Lightning and Liquid Networks.” Expanding Operations in the UAE and Beyond The UAE remains a key market for Komainu, as it was the first custodian to be regulated by the Virtual Assets Regulatory Authority (VARA) in Dubai. Frost-Smith reiterated the importance of the region: “Komainu was the first custodian to be regulated by VARA in Dubai, and this continues to be an important hub for us. We are continuously looking at other regulatory regimes and, if they provide a strategic growth opportunity, will certainly consider them.” Shaping the Future of Institutional Crypto Adoption The $75 million investment underscores Komainu’s commitment to bridging traditional finance and digital assets. By leveraging Bitcoin and integrating Blockstream’s technologies, Komainu is positioning itself as a trailblazer in institutional-grade digital asset services, setting a precedent for the industry to follow. PeterPaul Pardi, Director at Blockstream Corp, emphasized: “This partnership with Komainu, backed by Nomura’s Laser Digital, is a landmark moment for the adoption of Bitcoin-related technology by a bank-built, regulated financial services business. It showcases the institutional use-cases for Bitcoin as demand reaches new highs.“
Solana (SOL) has recently surged to become the top-performing altcoin in the cryptocurrency market, demonstrating significant price recovery and momentum. The digital asset thrived amid a broader crypto rally, outpacing other major players and highlighting its potential for sustained growth. “The price movements of SOL indicate a robust recovery phase, influenced largely by increasing investor sentiment and market activity,” shared a source from COINOTAG. Solana (SOL) sees significant price increase as it establishes itself as the top-performing altcoin, fueled by investor confidence amid a broad crypto rally. Solana’s Impressive Surge and Market Dynamics Solana’s recent price increase of over 11% in just 24 hours marks a remarkable turnaround, establishing it as the best-performing altcoin within the top 50 coins on CoinMarketCap. Following a rebound that started a week ago, SOL is currently trading at $239.77, having reached a high of $243.87 earlier in the day. Over the past seven days, the coin’s value has risen significantly from $175.18, injecting renewed enthusiasm among investors. This upward trajectory places Solana less than 10% away from its all-time high (ATH) of $263.83, achieved in November 2024. However, market analysts caution that SOL’s current bullish momentum may be vulnerable to reversal if the upward trend fails to maintain momentum. Such a decline could potentially erase the gains accumulated over the past week. Volatility in the Broader Crypto Market While Solana experiences positive price movements, the broader cryptocurrency landscape remains volatile. The leading cryptocurrency, Bitcoin (BTC), previously hit a price of $105,884.23 but has since retraced to $103,283.13. These fluctuations provide a backdrop for Solana’s performance, emphasizing the importance of overall market conditions on individual crypto assets. Factors Supporting Solana’s Stability Investor interest in Solana appears to be a key driver of its recent price stability. A significant increase of 104.08% in trading volume, surging to $13.18 billion, indicates a growing demand for SOL. Financial analysts believe that maintaining this heightened level of investor engagement will be crucial for achieving sustainable price growth. Additionally, it is essential to foster a stable trading environment by avoiding mass sell-offs of SOL, which could trigger negative price movements. As Solana aims to optimize its platform, addressing scalability issues will be vital for maintaining reliable network performance and enhancing user experience. Successful implementation of these solutions could attract more users and bolster the network’s growth potential. Future Insights and Considerations Looking ahead, Solana’s ability to maintain its upward trajectory will depend on several factors, including continued investor enthusiasm and the resolution of existing technical challenges. The project’s development team promises proactive measures to address latency and congestion, which, if implemented effectively, could further enhance the platform’s utility and adoption. Conclusion In summary, Solana’s impressive recovery highlights its position as a leading altcoin in the market, driven by strong trading volume and improving investor sentiment. However, to ensure continued success, the ecosystem must navigate market volatility and implement strategic improvements to enhance platform functionality. Future developments will play a crucial role in determining whether Solana can not only maintain its current momentum but also continue to attract new users in a competitive landscape. In Case You Missed It: HBAR May Target $0.465 as Traders Show Strong Long Positions and Market Momentum Remains Positive
Solana (SOL) has surged 15% over the past seven days, holding near the $200 mark. Its market cap has risen to $107 billion, overtaking BNB. This strong performance is backed by bullish signals, including increased whale activity earlier this month and the formation of multiple golden crosses on SOL’s EMA charts. Although some profit-taking among whales has occurred, their activity remains elevated compared to historical levels. With this momentum, SOL is well-positioned to test key resistance levels and potentially break above $240. Solana Whales Decline From ATH but Remain at Elevated Levels The number of addresses holding at least 10,000 SOL significantly increased between January 4 and January 5, rising from 5,032 to 5,090. This upward trend continued with some fluctuations, reaching an all-time high of 5,104 on January 11. Tracking these large holders, often referred to as whales, is crucial because their activity can strongly influence the market. Increased accumulation by whales often reflects confidence in the asset’s future, potentially driving prices higher as their positions grow. SOL Whale Addresses. Source: Glassnode. After peaking on January 11, the number of whale addresses declined, dropping from 5,096 on January 14 to 5,063 by January 16. While this decrease might suggest some profit-taking, it’s important to note that the current number of whales remains significantly higher than historical levels. This sustained interest among major holders suggests that confidence in Solana uptrend potential is still strong, even with recent fluctuations. Such stability at elevated levels could provide a solid foundation for SOL price growth. SOL DMI Shows the Current Uptrend Is Strong The DMI (Directional Movement Index) chart for Solana shows a sharp increase in the ADX (Average Directional Index), rising from 25.6 to 39.8 over the past two days. This surge coincides with the start of SOL’s current uptrend and the formation of golden crosses. The ADX measures trend strength, with values above 25 indicating a strong trend and values above 40 signaling even more powerful momentum. A rising ADX during an uptrend suggests growing confidence in the direction of the price movement. SOL DMI. Source: TradingView Meanwhile, the +DI (positive directional index) has climbed from 19.7 to 34.1, reflecting increased buying pressure, while the -DI (negative directional index) has dropped from 24.2 to 7.9, indicating a decline in selling pressure. Together, these shifts point to a strong bullish trend, with buyers firmly in control of the market. 2 If this dynamic continues, it could signal further upward momentum for SOL, as the widening gap between +DI and -DI suggests strengthening buyer dominance. Combined with the rising ADX, these indicators paint an optimistic picture for SOL’s near-term price action. SOL Price Prediction: Will Solana Recover December Levels? SOL’s EMA (Exponential Moving Average) lines have recently shown multiple golden crosses, with the shortest-term line crossing above several others. This indicates strong upward momentum, suggesting a continuation of the current uptrend. If this momentum persists, Solana price could test the next resistance level at $229. Breaking through this resistance could open the path to $234 or even $243, pushing SOL above $240 for the first time since early December 2024. SOL Price Analysis. Source: TradingView However, if the uptrend reverses and a downtrend begins, the support at $211 will play a crucial role. Should this level be tested and fail to hold, SOL price could drop further to $203, with a possible extension to $185 if bearish pressure intensifies.
Bitcoin recently recovered from a correction that pushed its price to $89,000, reigniting bullish momentum in the market. While the drop was alarming, it didn’t significantly impact market sentiment. Bitcoin now stands stronger than before, poised for a potential rally to new heights. Bitcoin Investors Are Still In Profit The MVRV Ratio, currently at 1.32, reflects Bitcoin’s positive market sentiment. This metric, which compares Bitcoin’s spot price to its realized price, shows that the average BTC unit holds an unrealized profit of 32%, according to a Glassnode report. This is reminiscent of post-ATH behavior in mid-April 2024, highlighting bullish sentiment despite the recent correction. Additionally, Bitcoin’s MVRV Ratio aligns with the market’s recovery trajectory, reflecting traders’ confidence. Even after the correction, the positive sentiment persisted, suggesting that investors remain optimistic about BTC’s long-term potential. This metric supports Bitcoin’s current path toward breaking key resistance levels and forming a new rally. Bitcoin MVRV Ratio. Source: Glassnode Bitcoin’s unrealized losses have shown remarkable resilience, even during its dip to $89,000. Historically, unrealized losses above 4 million BTC indicate the onset of a bear market. However, the recent correction didn’t push unrealized losses beyond this threshold, affirming the active presence of a bull market. This stability demonstrates that Bitcoin holders are not succumbing to market pressure, maintaining their positions despite short-term fluctuations. Such behavior aligns with a bullish macro environment, increasing the likelihood of a sustained upward trend in Bitcoin’s price. Bitcoin Supply In Loss. Source: Glassnode BTC Price Prediction: Rally Ahead Bitcoin’s price currently stands at $101,394, nearing the neckline of a double-bottom pattern visible on the daily chart. A breakout above the $102,235 neckline could trigger an 11% rally, targeting $113,428. This pattern reinforces Bitcoin’s upward momentum and signals its readiness for another major rally. To achieve this target, Bitcoin must establish support at $106,193 or $108,341. These levels are crucial for sustaining the rally and preventing a reversal. Securing these supports would solidify BTC’s bullish thesis, encouraging further investor confidence. Bitcoin Price Analysis. Source: TradingView However, failing to breach $102,235 could spell trouble for Bitcoin. Such a scenario could lead to a drop below $100,000, with the next critical support at $95,668. This would invalidate the bullish outlook, potentially setting the crypto king back significantly.
Institutional adoption and market enthusiasm are expected to sustain February’s growth potential. Macro and regulatory factors could influence outcomes despite Bitcoin’s promising historical performance. As February 2025 approaches, Bitcoin investors are analyzing historical patterns tied to halving events to anticipate potential market movements. With Bitcoin’s well-documented cyclical tendencies, February’s historical data offers encouraging prospects for a strong performance this year. February’s Historical Strength Data from 2010 onward positions February as a standout month for Bitcoin, averaging a 13.62% return, ranking among the cryptocurrency’s top-performing months. This trend gains further significance in post-halving years, where February historically records returns of 40.74% on average, fueled by the supply reduction following halving events. Past post-halving February performances include: 2013: 62.71% 2017: 22.71% 2021: 36.80% These figures underline February’s role in maintaining bullish momentum post-halving, driven by reduced issuance and heightened demand. January’s Role as a Market Indicator January 2025 has set a positive tone, achieving a 7.28% return. This performance aligns with earlier post-halving patterns, where initial months lay the groundwork for subsequent gains. If February 2025 mirrors historical trends , returns could range between 22% and 63%, further validating Bitcoin’s cyclical growth trajectory. Key Drivers Behind February Gains Bitcoin’s February performance is shaped by several factors: Halving-Induced Scarcity: The halving event reduces Bitcoin’s new supply, creating upward price pressure as demand persists. Investor Sentiment: Enthusiasm surrounding reduced issuance often attracts new capital and reinforces bullish momentum. Institutional Involvement: Growing interest from institutions post-halving injects significant liquidity, enhancing market activity. While February 2025 holds the promise of robust returns, investors should remain vigilant of external influences, including macroeconomic developments and regulatory shifts. These factors could temper performance, even amidst a favorable post-halving environment. Here at ETHNews we have reported that there is a possibility of BTC reaching a new ATH, Bitcoin’s track record in post-halving cycles suggests that February could once again deliver substantial gains. However, as with any investment, careful analysis and risk management are essential to navigating this promising yet unpredictable market. Source: Tradingview Bitcoin (BTC) is currently trading at $99,278.08, reflecting a 2.82% increase in the last 24 hours. Its market capitalization stands at $1.96 trillion, with a 24-hour trading volume of $56.11 billion, marking a 5.80% increase. The circulating supply is 19.81 million BTC, with a fixed maximum supply of 21 million BTC.
With Bitcoin successfully reclaiming $100,000 as support, many altcoins have shot up on the daily chart. This brought gains to some altcoins as they reached a new high on the back of the bullishness. BeInCrypto has analyzed three crypto tokens that formed a new all-time high (ATH) today and what to expect from them in the future. Meow (MEOW) MEOW emerged as one of the best-performing altcoins, rising by 64% in the past 24 hours. This impressive rally pushed the price from under $0.0050 to $0.0077, making it a standout in the market. During this surge, MEOW also hit a new all-time high at $0.0077, marking its fifth ATH in the past week. If this uptrend persists, the meme coin could reach $0.0100, further solidifying its bullish momentum. MEOW Price Analysis. Source: GeckoTerminal However, unexpected profit-taking by investors could trigger a correction. If this occurs, MEOW may fall to $0.0050, negating the bullish outlook and wiping away recent gains noted by the meme coin. Gate (GT) GT price increased by 9.5% this week, reaching a new all-time high (ATH) of $19.89. This continued trend of record highs highlights strong investor confidence and growing demand for the altcoin. If the upward momentum remains intact, GT could claim $20.00 as a support floor. Successfully doing so would set the stage for a further rise to $25.00, reinforcing its bullish trajectory. GT Price Analysis. Source: TradingView However, a potential reversal could disrupt this trend. In such a case, GT might fall back to $18.12, invalidating the bullish outlook and erasing recent gains. Morpho (MORPHO) MORPHO price surged 31% in the past 24 hours, climbing to $4.00. This impressive rally saw the altcoin achieve a new all-time high (ATH) of $4.13, signaling strong momentum in the market and increased investor interest. If the uptrend persists, MORPHO could break additional ATHs in the coming days, driven by heightened demand and favorable market conditions. Sustaining its momentum above the current support levels will be key to maintaining the bullish trajectory. MORPHO Price Analysis. Source: TradingView However, profit-taking by investors poses a significant risk. If selling pressure intensifies, MORPHO may lose the crucial support at $3.58, leading to a potential drop to $2.26, which would invalidate the bullish outlook and reverse recent gains.
Litecoin (LTC) , often referred to as the "silver to Bitcoin's gold," has long been a staple in the cryptocurrency market. As 2025 begins, traders and investors are eagerly speculating whether Litecoin can achieve a new all-time high (ATH). With its strong fundamentals and significant price action, the technical analysis of LTC reveals crucial insights into its potential trajectory. In this article, we’ll dive into the recent LTC price trends, evaluate key support and resistance levels, and predict whether Litecoin can achieve a new ATH this year. How has the Litecoin (LTC) Price Moved Recently? Litecoin is currently priced at $117.60 with a 24-hour trading volume of $4.07 billion, a market cap of $8.87 billion, and a market dominance of 0.25%. Over the past 24 hours, the price of LTC has surged by 14.70%. Litecoin reached its all-time high of $410.76 on May 10, 2021, while its all-time low of $1.11374 was recorded on January 14, 2015. Since its ATH, the lowest price LTC fell to was $40.47 (cycle low), and the highest price achieved since that point is $146.23 (cycle high). The current price prediction sentiment for Litecoin is bullish, and the Fear Greed Index indicates a level of 75 (Greed). Litecoin has a circulating supply of 75.41 million LTC out of a maximum supply of 84.00 million LTC. The current yearly supply inflation rate stands at 1.77%, with approximately 1.31 million LTC created in the past year. Litecoin Price Prediction: Technical Analysis of the Chart LTC/USD Daily Chart : TradingView The daily LTC/USD chart shows significant bullish momentum developing over the past few months. The price has risen sharply from lows near $50, surpassing key psychological and technical resistance levels. Currently, LTC is trading at approximately $117.60, with a notable 7.15% gain in recent sessions. Key observations include: A clear breakout above $100 , which served as a strong resistance zone in previous months. Sustained higher lows, indicating an upward trend and strong buying interest. A retest of the $90-$100 support region, successfully holding the upward momentum. Support and Resistance Levels Support Levels: $100: A critical psychological and technical level. If LTC pulls back, this zone is likely to act as strong support due to previous price action. $60-$65: A long-term support area where LTC consolidated for months before the recent breakout. Resistance Levels: $140: The next major resistance level based on historical price action. $180-$200: Represents a critical resistance zone nearing Litecoin's previous ATH of $412 (achieved in May 2021). Relative Strength Index (RSI) The RSI is currently at 62.30 , indicating bullish momentum without being overbought. This suggests there is room for further upside before a potential correction. The RSI breakout above 50 earlier signaled a shift in sentiment from neutral to bullish. Moving Average Analysis The price is well above its 50-day and 200-day moving averages, confirming a strong bullish trend. Historically, such positioning indicates that a sustained rally is likely. Key Observations Litecoin has recently broken out of a consolidation phase, marked by a series of higher highs and higher lows. Volume profiles suggest increasing participation during upward price movements, a strong indicator of demand. Will LTC Hit a New ATH in 2025? The current market structure and momentum suggest that Litecoin has significant upside potential in 2025 . However, several factors will determine whether LTC can reach a new ATH: Bullish Case for a New ATH: Market Momentum: If the broader cryptocurrency market remains bullish, LTC could benefit from a spillover effect. Key Resistance Breakouts: Breaking above $140 and $180 would likely set the stage for LTC to target $300 or higher. Bearish Risks: Macro Conditions: A bearish crypto market due to macroeconomic factors could cap LTC’s price gains. Failure to Hold Key Supports: Falling below $100 could invalidate the bullish setup. Conclusion Based on current technical indicators, Litecoin price appears well-positioned for further price gains in 2025. The next major challenge lies in breaking the $140 resistance zone. If successful, LTC could target $180 and eventually set sights on a new ATH, potentially exceeding $400. Investors should watch key support levels around $100 for any signs of weakening momentum. Litecoin’s long history of resilience, coupled with its growing adoption and strong market fundamentals, makes it a promising contender for significant price gains this year. However, as with all investments, risks remain, and traders should monitor both market and macroeconomic conditions closely.
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