Author: cointechies

The cryptocurrency sector's valuation reached an all-time high of $3.68 trillion on Monday. Bitcoin prices rose 3% on Monday to hit a new high above $107,000 as investors raked in BTC ahead of Wednesday's expected Fed rate cut. MicroStrategy acquired 15,350 BTC at an average price of $100,386. Altcoin market update: Hyperliquid, Ondo Finance and Chainlink soar on bets on US Fed The global cryptocurrency market has rebounded sharply from a sluggish start to the month as expectations for a third consecutive interest rate cut from the US Federal Reserve rose following better-than-expected consumer inflation data. The next FOMC decision…

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U.Today – price soared to a new high (ATH) of $106,488.25 on December 15th after almost a week of price action. Breaking his silence on this historic move, Bitcoin critic Peter Schiff said the price likely moved before MicroStrategy made the new purchase. Since surging to ATH, the coin has fallen to $104,693.33. Peter Schiff projectionBitcoin pundits predicted that the market might learn today that Michael Saylor was the buyer that caused the BTC price to skyrocket. He highlighted that this weekly accumulation has been a trend for the past five Mondays and touted Saylor as a major market mover…

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Check out the latest information in Spanish. Crypto analyst TradinSides suggested that it may be time for investors to start unwinding their long positions in XRP. This happened when analysts revealed a bearish pattern indicating that XRP price could witness a significant crash. XRP price may plummet if head-and-shoulders pattern forms In a TradingView post, TradeinSides predicted that XRP could crash as the price forms a head-and-shoulders pattern and the cryptocurrency could fall below $2.2. Analysts said that this price correction could occur if the bullish fundamentals for altcoins do not occur as expected. Fundamentals cited by TradinSides include the…

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George Town, Cayman Islands, December 16, 2024, Chainwire During the testnet phase, over 1.3 million users contributed over 6.5 million data points to train user-owned AI models. On mainnet, DataDAO will leverage the $VANA token to enable users to collectively own, monetize, and manage their personal data to participate in the burgeoning AI economy. Monday, December 16, 2024 — Vana, the pioneering network for user-owned data, today announced the launch of its mainnet and native $VANA tokens. This announcement marks an important milestone in breaking through the data walls that limit AI development while protecting privacy and allowing users to…

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Important points Ripple announced the launch of the RLUSD stablecoin on December 17, 2024. The XRP token surged 8% on the RLUSD news, reaching $2.56 with a market cap of $146 billion. Share this article Ripple has officially announced that its USD-backed stablecoin, Ripple USD (RLUSD), will be launched on Tuesday, December 17, 2024.Initially, the stablecoin will be available on exchanges such as Uphold, Bitso, MoonPay, Archax, and CoinMENA, with additional listings expected in the coming weeks on Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more. .According to Ripple's press release, RLUSD will be fully backed by US…

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Check out the latest information in Spanish. Bitcoin hit $106,500 just a few hours ago, setting a new all-time high and setting the stage for an even bigger move. After weeks of trading in a sideways range within an ascending triangle, the price finally broke through the key resistance level set on December 5th at $103,600. This breakthrough has sparked renewed excitement, with traders and investors now focusing on Bitcoin's next potential target. Related books Top analyst Jere shared his insights on X, highlighting that Bitcoin’s breakout of the ascending triangle is a clear bullish signal. According to his technical…

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