Author: cointechies
Crypto Should Be ‘Quickly Institutionalize’ In South Korea Bitcoinist
XRP price started a new rally from the $2.320 zone. The price is currently rising and could soon aim to move above the $2.55 resistance. XRP price has started a new rally above the $2.35 zone. The price is currently trading above $2.40 and the 100-hour simple moving average. On the hourly chart of the XRP/USD pair (data source: Kraken), it broke above the connecting bearish trend line with resistance at $2.44. If the pair clears the resistance at $2.525, the pair could start to move higher. XRP price regains momentum XRP price has started a decent rise above the…
Check out the latest information in Spanish. Ethereum is inching closer to its all-time high and is trying to regain the $4,000 level. The second-largest cryptocurrency by market capitalization has faced skepticism throughout this cycle, with some analysts predicting it will underperform compared to previous bull runs. However, Ethereum has been steadily rising in recent weeks despite market uncertainty, surprising doubters. Related books Glassnode’s key on-chain metrics reveal important trends that could drive further price appreciation. Ethereum whales have been actively accumulating since late November. This signals growing confidence among major holders who are positioning for a potential upside. Historically,…
The Australian Government has announced the development of a new National AI Capacity Plan aimed at driving the growth of the local AI industry. The plan focuses on fostering investment, strengthening the country's AI capabilities, increasing the AI skill level of the workforce, and ensuring the resilience of the country's economy and supply chain. Delivery is scheduled for around the end of 2025, but there are already calls for that date to be brought forward. The Australian Government announced yesterday that it will begin developing a new national artificial intelligence (AI) capability plan to drive the country's economic and productivity…
Bitcoin reached an all-time high of $107,780 and is currently trading at $105,791, giving it a market capitalization of $2.09 trillion. Analysts predict that the rally will continue in 2025, with Bitcoin potentially reaching between $145,000 and $200,000. Despite the uncertainty of the traditional Santa rally in cryptocurrencies, small layer 1 cryptocurrencies may outperform Bitcoin and Ethereum. US ETFs continue to support Bitcoin growth, with significant net inflows and holdings reaching 5.383% of all Bitcoin. With Bitcoin hitting a new all-time high of US$107,780 (A$169,178) just a few hours ago, investors are wondering whether we'll soon see a Santa rally…
U.Today – The market leader has made a huge comeback, rising to an all-time high of $106,000. As evidenced by this breakout, strong market fundamentals and rising institutional interest are supporting investor sentiment, highlighting Bitcoin's continued momentum. With Bitcoin's open interest reaching an all-time high of $67 billion, the jump to $106,000 is a clear sign of growing interest in the derivatives market. Because leveraged positions magnify both upward and downward movements, rising open interest can increase volatility, even though it typically indicates strong speculative activity. Bitcoin’s next important resistance level after this notable ATH is likely around $110,000. This…
Check out the latest information in Spanish. Ethereum price has started a decent rise above the $3,950 zone. ETH is consolidating gains and could aim for a move above the $4,150 resistance zone. Ethereum started a decent rally above $3,950 and $4,000. The price is trading below the 100-hour simple moving average at $3,980. On the hourly chart of ETH/USD (data feed via Kraken), a major bullish trend line is forming with support at $3,940. If the pair clears the resistance levels at $4,080 and $4,120, the pair could continue higher. Ethereum price regains momentum Ethereum price remained stable and…
The global cryptocurrency market capitalization reached USD 3.71 trillion amid extreme greed sentiment. Aave's price has risen 46% since last week and is currently trading at half its all-time high. The Aave community is considering shutting down Polygon due to risks posed by new governance proposals. Chainlink and Ondo are seeing significant gains from new partnerships and organic adoption. While the crypto market continues to trend upwards, with the global crypto market capitalization reaching USD 3.71 trillion (AUD 5.81 trillion), the fear and greed index remains in the realm of extreme greed. Related: Sui hits all-time high after strategic partnership…
Crypto Public Offers Under Scrutiny As UK FCA Proposes Ban – Details | Bitcoinist.com Bitcoinist
BTC reached USD 107,822, breaking its all-time high of USD 104,000, while ETH reached USD 4,092, still 16% below its 2021 peak of USD 4,878. Mr. Van Eck predicted US crypto-promoting policies in 2025, including Bitcoin as a reserve asset, new crypto ETPs, and approval of Ethereum staking. If it's insufficient, it's over. But don't panic. I'm talking about traders. That's right. Liquidation of short positions is piling up. This can only mean that Bitcoin (BTC) is breaking records every day. This Monday, it hit an all-time high (ATH) of US$107,000 (AU$167,000). . Bitcoin hit a new ATH of US$107,822…