Author: cointechies

A popular crypto analyst warns that Bitcoin could suddenly collapse if BTC loses a key support level. Crypto trader Ali Martinez shares with his 104,000 followers on the social media platform The crypto analyst uses the Unspent Transaction Output (UTXO) Realized Price Distribution (URPD) model to determine key support levels. UTXO tracks the number of existing coins that have recently moved within a certain price range. “From an on-chain perspective, a Bitcoin price correction to $70,000 is possible, considering that below $93,806 the price is largely open down to $70,085.” The analyst believes that some investors are suddenly preparing for…

The CEO of market intelligence platform CryptoQuant says Bitcoin (BTC) still has a long way to go before it peaks. In a new thread on the social media platform According to Ju, crypto whales accumulating large amounts of the leading crypto assets by market cap have moved from a newsworthy event to a routine occurrence, proving that the bull market is not over yet. “The narrative of whales gathering on Bitcoin is so widespread that it is now part of everyday conversation. Just two to three years ago, news of the whale accumulation sent shockwaves through the market. Nowadays it…

Crypto investors were strongly attracted to meme assets in 2024, according to a new study. In a research report, CoinGecko says the majority of crypto interest in 2024 was in the memecoin sector, which saw an expansion from dog-themed tokens to other animal and personality-themed digital assets. “By far the most popular crypto narrative in 2024 was the memecoin narrative, which attracted a total of 30.67% of global investor interest across the top memecoin narrative and 25 memecoin trends. In other words, nearly a third of interest in crypto narratives this year was focused on more speculative opportunities with less…

KULR Technology recently saw its shares rise 37% after the company announced it would purchase Biycoin bitcoins for $21 million. The price of KULR stock has reached 4.72, which is its all-time high (ATH). Over the year, this price has increased by almost 2500% and its market capitalization has reached around 1 billion. KULR Tech Stocks Recently, KULR Technology purchased 217 BTC for $21 million. This news sparked interest and buying activity on KULR and led to this significant price increase. Investors are optimistic about KULR’s potential growth. Founded in the early 2010s, KULR Technology Group, Inc. specializes in thermal…

The X social media account of the co-founder of Animoca Brands, a leader in the blockchain gaming space, was hacked and used to promote a fake Solana (SOL) token. In a new thread on the social media platform. “Unfortunately, Yat Siu’s social media account has been compromised. There is no official token or NFT (non-fungible token) launch from Animoca Brands. The token launch on Solana claimed in a post was carried out by the hacker. Please DO NOT use the account and remain vigilant. We will provide an update once the account is restored.” In a separate post “We have…

According to reports, a significant portion of South Korea’s population is investing in cryptocurrencies. Citing new central bank data provided by Democratic Party Rep. Lim Kwang-hyun’s office, Yonhap News Agency reports that the number of people holding cryptocurrencies on South Korean exchanges exceeded 15.59 million in November Increase of 610,000 from 14.98 million in October. The figures, based on the number of investors who have accounts on the top five domestic exchanges, including Upbit, Bithumb, Coin One, Cobit and Gopax, represent more than 30% of the estimated 51.23 million people in the East Asian region country living. According to the…

The US Congress is preparing for a new push on cryptocurrency legislation next year, 2025, in what is expected to be the most crypto-friendly Congress yet. This expectation is high due to Donald Trump’s big victory in the presidential election and his promising support for cryptocurrencies. While it may take a few months for lawmakers to settle in, experts expect they will act quickly afterward. Stablecoin invoice In recent years, lawmakers have attempted to pass stablecoin legislation, with House Financial Services Committee Chairman Patrick McHenry (R-N.C.) and Rep. Maxine Waters (D-Calif.) working on a regulatory framework since 2022. Although their…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Managing crypto investments on the go is now effortless for digital nomads thanks to non-custodial wallets that offer security, flexibility and 24/7 access from anywhere in the world. Managing your investments while traveling around the world can be a real headache, especially if you’re constantly switching between time zones, airports, and remote work destinations. This is particularly true for stock investors and traders, where liquidity dries up within three hours of the NYSE’s opening bell. But for today’s digital…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Lightchain AI combines blockchain with AI and provides real utility and growth potential with a pre-sale price of $0.003. Lightchain AI (LCAI) is gaining significant attention in the crypto space, especially among early Solana supporters, due to its unique combination of blockchain and artificial intelligence. With a presale price of just $0.003, LCAI offers an attractive opportunity for investors looking for high growth potential. Unlike traditional meme coins, LCAI focuses on real-world utility through its Proof of Intelligence (PoI)…

A massive transfer of 90 million XRP worth approximately $195.16 million has captured the attention of the crypto community and sparked widespread speculation about its potential impact on the market. The transaction reported by Whale Alert involved two unidentified wallets: rJBRiw… and rDzNXR… and took place amid increased market volatility. The unexpected whale movement has sparked debate about its impact. Some analysts believe the transfer could represent routine stock market activity or a strategic repositioning by a major owner. On the other hand, many believe this could be a signal of things to come for Ripple or the broader XRP…