As the bankrupt crypto exchange FTX prepares to repay its creditors, analysts are predicting the fund distribution will kick start a bullish cycle in 2025. FTX’s Chapter 11 reorganization plan will become effective on January 3, and the initial payment is expected to occur within the next 60 days. According to some analysts, the move … Read more
Jump into the latest XRP price analysis; after giving up some December gains, Ripple’s price sits in a precarious no-man’s-land, boxed in by opposing market forces. After giving up some December gains, XRP .cwp-coin-chart svg path { stroke: ; stroke-width: ; } Price Trading volume in 24h <!– ? –> Last 7d price movement sits … Read more
Meme coins have long been wild for investors – but few projects dare to shake up the typical model. Meme Index (MEMEX) is changing that. Its presale just passed $1 million, all thanks to its new approach to meme coin investing. By offering baskets of coins – from big names to hidden gems – this … Read more
According to a report by COINOTAG News on December 30th, CoinDesk analyst James Van Straten highlighted U.S. Treasury Secretary Janet Yellen’s recent correspondence with congressional leaders. In her letter, she indicated that the U.S. may hit its debt ceiling between January 14th and 23rd, 2025, necessitating potential extraordinary measures to avert a federal government default. … Read more
Jan Nieuwenhuijs, a gold market analyst, has raised concerns about the rise in the People’s Bank of China (PBOC) secret gold purchase operations. He believes the bank has accumulated over 100 tonnes of gold through unreported London gold imports during Q4 2024. Golden Chase: China Has Secretly Scooped Up Over 100 Tonnes of Gold in … Read more
2024 is ending with a massive crypto crash and Bitcoin (BTC) losing its grip, falling back after a post-Trump-election rush. The air’s gone thinner, and the market drifts, strung between uncertainty and anticipation for 2025. Some analysts argue that Trump doesn’t matter. Now that Blackrock and all the other investment firms have Bitcoin ETFs, they … Read more
Ethereum has pulled massive liquidity from Bitcoin this January, positioning itself for another strong performance. With higher stakes than ever, ETH is on track to outpace Bitcoin. As the new year kicks off, a major shift is underway in the crypto market. Fresh capital is pulling away from Bitcoin [BTC], as uncertainty looms after its … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3254.32, down 1.8% (-60.38) since 4 p.m. on Friday. Three of 20 assets are trading higher. Leaders: SOL (+2.5%) and APT (+0.8%). Laggards: XLM (-6.6%) and LINK (-6.2%). The … Read more
The holiday season may be over, but the excitement doesn’t have to end! As we head into 2025, crypto casino Sportsbet.io keeps the festivities alive with its Fortune Wonderland New Year’s Surprise Drops. This limited-time promotion offers the chance to start the year with free spins worth up to 100 USDT. It’s the perfect way … Read more
Data reveals that VIRTUAL’s Open Interest has dropped by 18% in the past 24 hours. Exchanges have witnessed an outflow of $4.80 million worth of VIRTUAL. Virtual Protocol [VIRTUAL] has been making waves amidst the ongoing market uncertainty due to its impressive performance. However, on the 30th of December, VIRTUAL, along with Bitcoin [BTC], Ethereum … Read more