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Gold set for unprecedented rally in 2025 as Bitcoin slows down
Gold started the year at $2014, having itself a wonderful year amid several highs before hitting $2,719 in late November.
Cryptopolitan
Dec 28, 2024
Galaxy Research Reveals Bitcoin, Ether And Dogecoin Price Projections In 2025 Crypto Forecast
Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $...
NewsBTC
Dec 28, 2024
Investors Beware: Hackers Target Crypto Users With New Zoom Meeting Scam – Report
A recent report warned about a new sophisticated phishing scam targeting unsuspected crypto users. The scheme involves fake Zoom meeting links to trick investors into downloading malicious software to steal their assets. Related Reading: Russian Companies Using Bitcoin For International Payments To ...
Bitcoinist
Dec 28, 2024
New IRS Rules Mandate Reporting For DeFi Brokers: What This Means For Crypto Transactions
In a significant development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations that will require decentralized finance (DeFi) brokers to report gross proceeds from digital asset transactions. IRS Classifies DeFi Platforms As Brokers Under the new regul...
Bitcoinist
Dec 28, 2024
Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details
Although Bitcoin (BTC) remains range-bound – trading between the $90,000 and $100,000 price levels – some crypto analysts predict that a price correction may be on the horizon due to a bearish ‘head and shoulders’ pattern forming on the daily chart. Bitcoin To Drop To $80,000? Seasoned a...
NewsBTC
Dec 28, 2024
Terra (LUNA) Founder Do Kwon Set For US Extradition: Montenegro Minister Signs Order
In a decision that concludes a series of prolonged legal proceedings, Montenegro’s Minister of Justice, Bojan Božović, has signed an order for the extradition of Terraform Labs co-founder Do Kwon to the United States. The announcement was confirmed to the Montenegrin daily newspaper Vijesti on...
Bitcoinist
Dec 28, 2024
Is The Tide Turning For Bitcoin? Recent Reserves And Netflows Indicate Market Reversal
Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting...
NewsBTC
Dec 28, 2024
Political Instability In South Korea Fuels Bitcoin ‘Kimchi Premium’ Surge
The Bitcoin (BTC) ‘kimchi premium’ has returned to South Korea’s cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency. Bitcoin Kimchi Premium Surges In South Korea According to Cr...
Bitcoinist
Dec 28, 2024
Ethereum On The Cusp Of Major Breakout In Q1 2025, Altcoins Expected To Follow Suit
As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape. Currently trading at $3,321, ETH’s resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC). T...
NewsBTC
Dec 28, 2024
Bitcoin Smart Money: Analyst Reveals How Bitfinex Whales Signal Market Moves
The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst. Bitfinex Whales Have Shown Smart Money Behavior In Recent Years In a new post on X, analyst James Van Straten has discussed about the trend in long Bitcoin positions...
Bitcoinist
Dec 28, 2024
Bitcoin Exchange Reserves Surge: Are Traders Preparing For A Major Market Shift?
Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior. This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline for weeks, now seeing a notable uptick with an inflow exceeding 20,000 BTC, according to CryptoQuan...
NewsBTC
Dec 28, 2024
2 Top Altcoins to Watch as Crypto Markets Break Out Lightchain Ai and SHIB
As the cryptocurrency markets begin to show signs of a strong breakout, two altcoins stand out as potential game-changers: Lightchain AI and Shiba Inu (SHIB). Lightchain AI, currently in its presale phase at just $0.003, is attracting significant attention for its innovative use of artificial intelligence in blockchain. Positioned as a promising project, its unique […]
Cryptopolitan
Dec 28, 2024
TRON Records $200M in Monthly Fees and Rising USDT Transactions, What Does This Signal?
The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adopt...
Bitcoinist
Dec 28, 2024
Dogecoin Is Observing Bullish Signals On These Indicators
An analyst has pointed out how Dogecoin has recently observed patterns in two indicators that could prove to be bullish for its price. Dogecoin Has Seen Positive Signals On TD Sequential & Whale Supply In a new post on X, analyst Ali Martinez has talked about a Tom Demark (TD) Sequential signal ...
NewsBTC
Dec 28, 2024
Bitcoin’s X Popularity Hits New Highs With 65% Growth In 2024
In 2024, Bitcoin experienced an extraordinary rise in popularity on the social media platform X, formerly known as Twitter. According to recent data, mentions of Bitcoin on X increased by 65% year-over-year, with users publishing over 140 million tweets about the cryptocurrency. Related Reading: Bit...
Bitcoinist
Dec 28, 2024
Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target
The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000. A crypto analyst has predicted that if it can hold this key s...
NewsBTC
Dec 28, 2024
Dogecoin Rally Ahead: Analyst Hints At A Bigger Breakout Than 2021
Analysts are excited about the possibility of a huge Dogecoin rally in 2025, with some believing it would far outperform the enormous gains recorded in 2021. Related Reading: Dogecoin 600% Rally Prediction Still On Track Before End Of 2024 — Analyst According to recent studies, historical price fluc...
NewsBTC
Dec 27, 2024
SEC focused on Ripple while ignoring Sam Bankman-Fried – Charles Gasparino
The SEC’s ongoing legal battle with Ripple over its XRP token is that it is overreaching to regulate the crypto space while leaving more pressing issues such as the Sam Bankman-Fried. Focusing on Ripple could be a concerning precedent for future digital asset regulations in the U.S. This battle between the US Securities and Exchange […]
Cryptopolitan
Dec 27, 2024
Squid Game takes a jab at crypto scammers in latest season
The second season of the South Korean hit drama Squid Game made quite a few references to current real-life trends, something only a few do. One of those trends just happened to be crypto rug pulls. In the third episode, player 333, Lee Myeong-gi, was concerned that they took his phone because he wanted to […]
Cryptopolitan
Dec 27, 2024
Ethereum Hodler Ratio Surpassed BTC’s In 2024 – Will History Repeat?
Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market. However, next year could tell a different st...
Bitcoinist
Dec 27, 2024
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