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Ethereum Tests Critical $3,400 Resistance Level Amid Cautious Trading
Ethereum (ETH) faces strong resistance at the $3,400 mark despite maintaining an overall upward trend. Technical analysis reveals mixed signals as the cryptocurrency tests this key level repeatedly, with traders watching for a potential breakout or breakdown.
SEC Chairman Gensler Announces Departure Ahead of Trump's 2025 Return
Gary Gensler, SEC Chairman since 2021, confirms his planned exit to coincide with Donald Trump's presidential inauguration in January 2025. His tenure was marked by aggressive market oversight and cryptocurrency industry regulation, setting the stage for potential policy shifts under the incoming administration.
Metaverse Tokens Surge: The Sandbox Leads Rally with 130% Gain as Virtual World Cryptocurrencies Rebound
The metaverse crypto market is witnessing a dramatic comeback, with The Sandbox's SAND token skyrocketing over 130% and Decentraland's MANA following at 85% gains. The surge reflects growing mainstream acceptance of blockchain-based virtual worlds as viable platforms for entertainment and business.
Bitcoin Buying Pressure Soars as Whales Accumulate $4B Worth of BTC
Major cryptocurrency exchanges are witnessing unprecedented Bitcoin buying pressure with taker buy/sell ratios reaching remarkable levels, particularly on Binance. Large investors have accumulated over 40,000 BTC in just four days while exchange reserves continue declining.
Dojima Foundation Unveils Revolutionary Omnichain Web Platform for Seamless Blockchain Integration
The Dojima Foundation launches Omnichain Web, an innovative platform connecting over 100 protocols to enable seamless cross-chain interactions and simplified dApp development. The comprehensive solution includes a Builder Marketplace, Omnichain Stack, and Ragno Network to advance Web3 adoption through improved interoperability and accessibility.
XRP Surges Past $1: Market Eyes $5 Target as Open Interest Hits Record High
XRP breaks through $1 for the first time in three years, sparking predictions of a potential surge to $5 amid record-breaking futures market activity. The cryptocurrency's breakout from a long-term pattern, coupled with possible regulatory clarity, fuels optimism for a rally reminiscent of 2017.
Bitcoin to Hit $100K This Year: Ex-BitMEX CEO Makes Bold Price Prediction
Former BitMEX CEO Arthur Hayes forecasts Bitcoin reaching $100,000 by end of 2024 and $250,000 by 2025, citing U.S. fiscal policies and credit expansion as key drivers. His bullish outlook comes amid growing institutional interest, though he advises strategic profit-taking during the rally.
Dogecoin Surges as Musk's Cryptic 'X' Tweet Fuels Payment Integration Rumors
Dogecoin's price jumped over 10% following Elon Musk's mysterious 'X' tweet, sparking speculation about potential crypto payment features on the social media platform. The meme cryptocurrency's rally highlights its continued sensitivity to the Tesla CEO's social media activity, though experts caution about sustainability without concrete implementation.
Gold vs. Bitcoin: State Street Expert Warns of Crypto's Misleading Appeal
State Street's chief gold strategist cautions against cryptocurrency investments, highlighting gold's superior stability and proven track record. As both assets reach remarkable highs, the debate intensifies over Bitcoin's marketing tactics and their attempt to co-opt gold's established reputation.