Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

BTC and ETH Defy Expectations: Report Highlights Calm Markets Amid Year-End Options Expiry

A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Bitcoin.com […]

Cryptocurrency Exchanges Will Get Banking Functionality by 2027

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Dogecoin Recovery In Sight: Strong Support Hints At Bullish 2025

It’s possible that Dogecoin (DOGE) will make a big comeback in 2025. Recent predictions say that DOGE could soon turn its luck around and win back the trust of investors after losing 40% in December 2024. But how likely are these predictions to come true, and what’s making people so hopeful? Related Reading: Weekly Chart Shows That Dogecoin Price Is Primed To Cross $11 In 2025, Here’s How A Trend In History That Can’t Be Ignored In the past, Dogecoin has shown amazing endurance in its fourth market cycle year, regularly beating predictions. Alan Santana, a cryptocurrency analyst, says that trade in DOGE has recently become more active when the price is going up than when it is going down. He says that this change could mean that negative pressure is easing and the market is about to start rising. Not only is Santana optimistic, but there are others as well. The long-term support levels of DOGE have remained unchanged despite the fact that the market has been turbulent, which is something that a lot of people point out. Some predictions are saying that DOGE’s price could hit new highs in 2025, and that might be the start of a big breakout for its value. $DOGE #DOGEUSDT #Dogecoin | #Altcoins ✴️ Dogecoin: 2025, Sudden Rise To New All-Time High How is you, how is you feeling my friend today? Don’t Dogecoin looking ready incoming bullish wave? Great. They is using royal English today! I bring you Dogecoin today on a tough spot.… pic.twitter.com/z8zQ2o4OLX — Alan Santana (@lamatrades1111) January 2, 2025 Eyeing The $11.65 Mark: Wishful Thinking Or Data-Driven? DOGE may reach $11.65 by 2025, according to the most optimistic projections. This prediction is based on previous price trends and Dogecoin’s potential to repeat market cycles. If these projections are accurate, DOGE’s value would skyrocket, consolidating its status as a crypto leader. $DOGE $10+ DOGECOIN?! 🚀🚀🚀 In this #DOGECOIN monthly chart, I’m focusing solely on year 4. I’ve marked the opening price of each year 4 cycle’s daily candles with green price labels and the closing price with red price labels. • 1st cycle: Year 4 started at $0.00023 and… pic.twitter.com/VyTO9fdHjY — Ðima James Potts (@DimaPotts36) December 27, 2024 If past patterns and general state of the market is to be the gauge, this optimistic projection starts the year at an estimated price target of $0.315. Though such aims are greatly contingent on continuous adoption and a strong market sentiment, experts recommend a good ounce of caution. Other Factors To Watch Beyond technical analysis, Dogecoin’s performance in 2025 could be influenced by macroeconomic factors and advancements in the cryptocurrency field. Regulatory clarity, technology advancements, and Elon Musk’s erratic comments may once again play critical roles. Dogecoin has recently gained popularity as a result of its enhanced usability in payment systems and expanding presence in decentralized finance (DeFi). Platforms such as IntoTheBlock report a consistent increase in DOGE holder activity, indicating a dedicated community supporting the meme coin’s long-term prospects. Related Reading: Wealth Mentor Predicts XRP Path To $100 – Should You Invest Now? The Road Ahead For Dogecoin The future of the renowned meme coin appears promising, although it is a path laden with both opportunities and possible risks. Successfully navigating the volatile cryptocurrency market necessitates making informed and prudent decisions, which rely on precise data and comprehensive study. Featured image from MoneyCheck, chart from TradingView

2024: The Year Crypto Silenced Its Critics? The Numbers Tell All

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We all got different priorities

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Lightchain Presale Raises $8.5M, Poised to Rival Ethereum

PRESS RELEASE. The blockchain space heats up as Lightchain secures $8.5 million in its presale, setting the stage to disrupt the industry! With an ambitious vision and innovative technology, this rising contender is gearing up to compete with Ethereum and reshape the future of decentralized ecosystems. If you’ve been following blockchain’s evolution, you know how […]

FTX’s payment plan is now effective — When will users see their funds?

According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days.

US regulator warned banks on crypto but did not order halt to business, documents show

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Base mulls launching tokenized COIN stock

The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.

Cardano Soars Past $1, Bucking The Broader Market Trend

In a notable show of strength amid an otherwise subdued market, Cardano (ADA) has climbed above the psychologically significant $1 mark today, January 3. Over the past 24 hours, ADA has surged by more than 11%, outpacing the mostly flat performances of other top cryptocurrencies, including Bitcoin. Within the top 100 assets by market capitalization, only Murad-memecoin SPX6900 (SPX) has registered a higher 24-hour gain, rising 30%. Over the last seven days, ADA is up approximately 20%. Although the jump appears to have come without any immediate catalyst, Cardano’s roadmap is poised for several notable protocol enhancements in the coming months. Among them are a Bitcoin-centric decentralized financial ecosystem and ongoing initiatives aimed at improving Cardano’s scalability, decentralization, and interoperability with other networks. Related Reading: Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead? These fundamentals suggest that the current price action may be underpinned by broader optimism about the network’s evolution, although technical factors seem to be the primary driver. “ADA pushing through resistance like its butter. This momentum is truly explosive. Pay attention to key resistance levels, this one wants to go higher,” crypto analyst Satoshi Stacker (@StackerSatoshi) stated via X. Cardano Price Analysis On January 1, ADA/USDT decisively broke out of a multi-week downward trendline that originated at the December 2 high near $1.32. This trendline had been tested repeatedly until late December, before finally succumbing to strong bullish momentum. Following the initial breakout, ADA briefly retreated to around $0.87, only to bounce back in a textbook retest that validated the trendline breach. Supporting the bullish narrative, Fibonacci retracement levels anchored at the December 2 high ($1.32) and December 20 low ($0.76) reveal a constructive technical backdrop. The 0.236 Fib at $0.89 served as a launching pad once the trendline break was confirmed, while the 0.382 Fib ($0.97) initially rejected prices on January 2, before later giving way to further upside. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details Subsequently, ADA surpassed the 0.50 Fib ($1.04), and this level may now act as immediate support on any minor pullbacks. The 0.618 Fib ($1.11) is the next key hurdle if bullish momentum persists, with the 0.786 Fib ($1.20) and the 1.0 Fib ($1.3282) potentially coming into play if the rally extends into the near-to-mid term. From a moving averages perspective, ADA has climbed above its 20, 50, 100, and 200 exponential moving averages on the four-hour chart. Notably, the 20 and 50 EMAs have crossed above their 100 and 200 counterparts, which indicates momentum has shifted in favor of the bulls. The volume picture further supports the breakout scenario, with 24-hour trading volume up 14.94% to $1.67 billion. A look at the Relative Strength Index (RSI) on the four-hour timeframe shows a reading of around 80, placing ADA firmly in overbought territory. This demonstrates solid buying pressure but also suggests a possibility of a short-term pullback should traders opt to take profits. Featured image from Shutterstock, chart from TradingView.com