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Litecoin Reached $107.96 with a 16.07% Increase
On Tuesday, Litecoin experienced a remarkable increase of 16.07% on the Investing.com Index, reaching a price of $107.96. This marks the largest daily gain since December 1, 2024. With this surge, Litecoin’s market capitalization has been established at $8.177 billion, accounting for 0.24% of the total cryptocurrency market. The cryptocurrency previously reached a peak market
Factors Required for XRP to Reach $4 by February 2025
XRP’s price has dropped over 3% in the last 24 hours. This decline shows signs of slowing momentum. The Relative Strength Index (RSI) has fallen below 40, indicating weakening strength. Additionally, whale activity remains stagnant, suggesting that large holders have not started accumulating XRP. Potential Death CrossThe Exponential Moving Average (EMA) lines are nearing a
Bitfinex to Issue Bitcoin Mining Notes in El Salvador
Bitfinex Securities plans to launch Blockstream Mining Note 2 (BMN2) in El Salvador in the first quarter of 2025. This tokenized financial product allows investors to earn Bitcoin mining revenue by holding tokens. Following the Success of BMN1 This new initiative comes after the success of Blockstream Mining Note 1 (BMN1). Issued in Luxembourg, BMN1
Critical Threshold for Ethereum: Beyond the $4,000 Level
Prominent cryptocurrency analyst Ali Martinez has once again highlighted the critical threshold of $4,000 for Ethereum. According to Martinez, this level has been a significant resistance point that has shaped Ethereum’s price movements for years. Ethereum’s Price Chart The chart shared by Martinez clearly illustrates Ethereum’s long-term price movements. The $4,000 level frequently presents a
Standard Chartered Predicts Bitcoin Will Reach $130,000
On Thursday, Standard Chartered forecasted that Bitcoin may potentially hit $130,000 within the next two months. This prediction is driven by increasing institutional investments. Market Stability and Federal Reserve Influence Geoff Kendrick, the head of foreign exchange and digital asset research at Standard Chartered, linked this optimistic outlook to recent market stability. This stability follows
Cryptocurrency Hack Losses Decreased by 44.6% Year-over-Year in January
A recent report from Immunefi, a platform specializing in Web3 bug bounties and security services, details the cryptocurrency industry’s losses from hacking incidents in January 2025. Significant Increase in Monthly Losses The industry faced losses totaling $73.9 million from 19 different hacking events. This figure represents a staggering ninefold increase compared to the previous month.
Bitcoin continues its upward trend following the Fed meeting and Powell’s comments
Bitcoin continues to rise following the Federal Reserve’s (FED) recent monetary policy meeting and President Jerome Powell’s remarks on cryptocurrency regulation. Market Performance The leading digital asset increased by 1% at the opening of Asian markets, reaching around $105,000. Since the U.S. market opened, Bitcoin has gained 3.5%. Smaller tokens like Ether and Solana also
Trump’s coin will be used for buying and selling products
Donald Trump is expanding his cryptocurrency presence by allowing the use of the meme coin TRUMP for product purchases. Launched on January 17, TRUMP can now buy items like sneakers, watches, and perfumes from websites linked to Trump’s businesses, such as GetTrumpSneakers.com, GetTrumpWatches.com, and GetTrumpFragrances.com. These sites also accept Bitcoin and belong to CIC Ventures
Donald Trump’s New Cryptocurrency Investment Revealed
Trump Media and Technology Group has officially launched a new fintech brand called Truth.Fi. This brand aims to invest up to $250 million in cryptocurrencies, ETFs, and other financial products. Overview of Trump’s Fintech Initiative According to recent announcements, Truth.Fi will focus on investing in Bitcoin, various cryptocurrencies, and crypto-related securities. The firm also plans
The supply of Ethereum (ETH) has surpassed its peak from the last two years
Ethereum’s circulating supply has risen sharply over the past week, reaching levels not seen since February 2023. On-chain data shows that 12,353 ETH, valued at over $39 million, has entered the market in the last seven days. This increase, however, coincides with a decline in network demand, which has negatively impacted ETH’s overall performance. Impact