Category: Cryptocurrency News

Bitcoin’s daily volume remains 91% lower than the $743 million on Dec. 5, when BTC first surpassed the $100,000 milestone.

Dogecoin has jumped into the New Year’s market rally, making an impressive 25% move in just the first few days of 2025. The meme coin, known for its enthusiastic community and historic rallies, has joined the broader market upswing that many crypto assets are currently enjoying. Top analyst Bluntz recently shared a technical analysis on X, highlighting that after this surge, Dogecoin is now showing undeniably impulsive behavior again. According to Bluntz, the price action suggests that DOGE could be gearing up for further gains if it manages to break through critical supply levels. Related Reading: Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon The next few days will be pivotal for Dogecoin as it navigates this newfound momentum. Investors are closely watching whether the meme coin can sustain its rally and test its next resistance levels. If successful, Dogecoin may continue its upward trajectory, rekindling the excitement of its most bullish phases. With market sentiment turning optimistic and technical indicators pointing toward strength, Dogecoin is again capturing attention as a potential leader in the altcoin space. Will DOGE sustain this momentum and surprise the market, or is this just another short-lived burst? All eyes are on Dogecoin in the coming days. Dogecoin Prepares For A Big Move  Dogecoin’s impressive surge yesterday is reigniting excitement among its investors and traders. The meme coin has demonstrated its ability to stage rapid upward moves, and this recent activity might just be the beginning of something bigger. Analysts are now speculating whether Dogecoin could reclaim its former glory and reach new heights. Top analyst Bluntz shared a technical analysis on X, pointing out that Dogecoin is now looking undeniably impulsive. This shift in behavior comes after DOGE surged above crucial demand levels, indicating strong buying interest. According to Bluntz, this momentum could propel Dogecoin toward the $0.50 mark—a significant psychological and technical level. For this scenario to unfold, Dogecoin must clear the supply around local highs. Breaking past these resistance zones could pave the way for a substantial rally, potentially mirroring its most explosive moves from previous market cycles. However, achieving this will require continued support from the broader market and sustained interest from its dedicated community. Related Reading: Chainlink Tunrns Resistance Into Support – ATH Next? The next few days will be critical for Dogecoin as it tests these levels. If the bullish momentum holds, DOGE could lead the altcoin space once again, reminding the market of its unparalleled ability to surprise even the most seasoned traders. All eyes are on Dogecoin as it aims for a breakout above $0.50. DOGE Testing A Critical Level Dogecoin is currently trading at $0.38, riding on a wave of bullish price action since the start of the year. After gaining momentum and surging over 25% in recent days, DOGE is now testing a critical resistance level that could determine its short-term direction. The $0.40 mark has emerged as a significant barrier for Dogecoin. If the meme coin manages to break above this level and establish it as support, it could ignite a new bullish rally. Analysts predict that such a breakout would open the door for DOGE to retest its local highs and potentially aim for even higher targets, with the $0.50 mark within reach. However, failing to break above this critical level could cause Dogecoin to consolidate around its current range. This period of indecision might last for several weeks as the broader market awaits confirmation of DOGE’s next move. Related Reading: Shiba Inu Testing A Significant Support Zone – Bullish Breakout Ahead? The coming days are crucial for Dogecoin as it navigates this pivotal moment. Traders and investors will closely watch its price action to determine whether the recent bullish momentum can sustain itself and propel DOGE into a new phase of growth. Featured image from Dall-E, chart from TradingView

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At least 15 suspected insider wallets have acquired over 60.5% of the FOCAI token supply before making an over 136,000-fold return on investment.

The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.

BRICS will prioritize alternative payment systems in 2025, aiming to reduce reliance on the U.S. dollar and boost trade in local currencies under Brazil’s leadership. BRICS Prioritizes Alternative Payments in 2025 The development of alternative payment systems and reducing reliance on the U.S. dollar will be central to BRICS initiatives in 2025 as Brazil takes […]

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The Bitcoin market continues to draw attention as key on-chain indicators reveal insights into miner sentiment and Bitcoin’s quarterly performance trends. A recent analysis by CryptoQuant analysts highlights how shifts in miner sentiment correlate with Bitcoin price movements, while year-end data paints a picture of Bitcoin’s overall market behavior in 2024. These insights are critical for investors looking to navigate Bitcoin’s market dynamics and anticipate potential trends in 2025. Related Reading: Can Bitcoin Price Reach A New All-Time High? This Golden Cross Suggests So The Role of Miner Sentiment In Market Dynamics Miner sentiment is often viewed as a crucial metric in predicting Bitcoin price movements. Historically, negative miner sentiment—typically observed through indicators like hashrate, difficulty, block count, and block rewards—has often signaled market bottoms or the early stages of recovery trends. Additionally, the relationship between miner sentiment and Bitcoin price movements has remained consistent across various market cycles. A CryptoQuant analyst known as datascope pointed out that periods of sharply negative miner sentiment, highlighted by significant drops in hashrate and increased block production difficulty, often precede substantial price recoveries. This phenomenon was evident during Bitcoin’s market cycles in 2017, 2018, and 2020, where negative miner sentiment coincided with market bottoms and subsequent rallies. In the context of the current market phase, the analyst observed heightened miner sentiment volatility, suggesting increased uncertainty and potential market corrections. However, the data also indicates that significant declines in miner sentiment often create strategic buying opportunities. Furthermore, with Bitcoin mining profitability becoming more challenging due to increasing difficulty levels, miner behavior is expected to play an even more prominent role in determining market sentiment in the coming months Bitcoin Year-End Performance Overview In addition to miner sentiment, Bitcoin’s overall market performance in the final quarter of 2024 offers important insights. According to another CryptoQuant analyst known as Crazzyblockk, Bitcoin’s market capitalization increased by 55%, while its realized capitalization rose by 28.9% during Q4 of 2024. Although these figures represent substantial growth, they fall slightly below the 58% market cap growth seen in Q1 2024. However, the realized cap growth in Q4 outpaced that of Q1, indicating stronger capital inflows into Bitcoin during the final months of the year. When compared to previous Bitcoin cycles, the gains in Q4 2024 were more measured than the sharp increases seen during earlier bull runs. Historically, during peak bullish phases, Bitcoin often recorded market cap growth nearing 100% and realized cap gains of 50-70%. Related Reading: $33.14 Billion At Risk If The Bitcoin Price Hits $72,462, Here’s Why Regardless the analyst mentioned that Q4 2024 can be considered to be “Bitcoin’s best quarter of the year.” Looking ahead to 2025, Crazzyblockk appears to remain cautiously optimistic about Bitcoin’s long-term growth potential. The analyst noted: While history does not always repeat itself, we can cautiously speculate that the bullish sentiment among Bitcoin holders leaves room for long-term growth in 2025. However, this does not rule out the possibility of short-term corrections along the way Featured image created with DALL-E, Chart from TradingView

The Ethereum community on X (formerly Twitter) is buzzing with discontent, and it's not about the tech this time but Ethereum Foundation (EF). "I've been working for Ethereum since 2018 and until now have barely ever even heard about the EF. Only time I ever hear them mentioned is when they’re selling Ethereum. Must not…
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In a recent interview with FOX Business, Fred Thiel, CEO of Bitcoin (BTC) mining firm MARA Holdings, advocated an “invest and forget” strategy for retail investors looking to gain exposure to the world’s leading digital currency. Thiel Cites Positive Historical Performance Of Bitcoin BTC continues to trade within the mid-$90,000 range after a recent pullback from its all-time high (ATH) of $108,135. While crypto analysts keep a close eye on the flagship cryptocurrency’s price movements, major BTC holders appear less concerned about short-term fluctuations. Related Reading: Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details Citing Bitcoin’s historical performance, Thiel advised retail investors to adopt a long-term approach. He noted that Bitcoin has closed the year at a lower price only three times in its 14-year history, including during the peak of the COVID-19 pandemic. Thiel stated: My recommendation, to my kids, for example, is they put just a little bit away every month in Bitcoin and forget about it. Over two, three, four years, it grows, and that’s what people do. Thiel also emphasized BTC’s consistent growth, highlighting that it has appreciated annually by an average of 29% to 50%. However, BTC remains a high-risk asset, and risk-averse investors may shy away until the asset class achieves broader acceptance or gains official recognition from a major global economy. For instance, the establishment of a US strategic Bitcoin reserve could solidify the cryptocurrency’s legitimacy as an asset and potentially spark a domino effect, encouraging other nations to follow suit. Thiel described such a reserve as a key catalyst for driving Bitcoin’s price to new highs in 2025. Additionally, Thiel pointed to high institutional involvement through Bitcoin exchange-traded funds (ETFs) and favorable digital asset regulations under the Trump administration as other factors that could support BTC’s growth this year. Although Thiel’s advice was aimed at retail investors, recent data suggests that many are already planning to increase their Bitcoin holdings. According to a poll conducted by MicroStrategy CEO Michael Saylor, over 75% of 65,164 respondents intend to end 2025 with more BTC than they started with. The poll reflects growing enthusiasm among retail investors, buoyed by bullish developments in 2024 such as ETF approvals, the Bitcoin halving, and Trump’s election victory in November. More Companies Adding BTC To Balance Sheet Bitcoin adoption among corporations continues to grow. While MARA Holdings already holds BTC on its balance sheet, rival crypto mining company Hut 8 recently expanded its holdings to more than 10,000 BTC. Related Reading: Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Other firms, such as Japan-based Metaplanet and Canada’s Rumble, joined the Bitcoin movement in 2024. Additionally, Bitcoin ETFs have accumulated over 1 million BTC in under a year since their launch. However, skepticism remains. Japan’s Prime Minister recently expressed caution about the idea of establishing a strategic Bitcoin reserve, reflecting lingering doubts in some quarters. At press time, BTC trades at $97,229, up 0.7% in the past 24 hours. Featured image from Unsplash, Chart from TradingView.com