This week saw many new things in crypto with Bitcoin making headlines by breaking the downtrend and hitting 108K once again. On the other side, Thailand considered approving Bitcoin ETFs, and Italy’s Intesa Sanpaolo bank made a million-dollar investment in BTC. However, the crypto world was shaken by a surprising move from President-elect Donald Trump …
Binance Futures is launching the USD-Margined MELANIAUSDT Perpetual Contract on January 20, 2025, at 09:30 (UTC). This new trading option offers leverage of up to 25x, allowing traders to maximize their potential gains. The contract is linked to the Melania Meme (MELANIA) token, with settlements made in USDT. Binance’s Multi-Assets Mode enhances flexibility by enabling …
President-elect Donald Trump made many promises to the Bitcoin and crypto communities during his presidential run. As he is sworn in for a second term later today, we look at which of them will most likely come to fruition. After successfully choosing the winner of the US election, Polymarket traders are now attempting to predict […]
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Did Mr. Beast Just Turn Down Millions? The famous YouTuber has denied rumors about launching a memecoin, despite admitting it could bring in huge profits. Perhaps the social media users, however, didn’t hold back, accusing him of being “greedy.” Here’s what happened! Is MrBeast Launching a Memecoin James Stephen Aka MrBeast is more than just …
The euphoria around the inauguration of US President-elect Donald Trump drove the massive $2.2 billion in inflows to crypto ETPs last week.
Trump has tapped one of the CFTC's top officials, Commissioner Caroline Pham, to lead the agency as acting chair, Bloomberg reported.
Solana price action is heating up as bulls show efforts to fend off bearish pressure and maintain the cryptocurrency above the vital $240 support level. This threshold has emerged as a key marker of market sentiment, serving as a critical point of defense for buyers aiming to keep the uptrend intact. The battle around $240 underscores its importance as a technical support zone and a psychological barrier that is likely to influence SOL’s trajectory in the near term. A successful defense at this level could inject fresh energy into the market, bolstering confidence among traders and paving the way for a potential rally. With buyers holding the line, Solana might target higher resistance levels, reigniting investors’ optimism. However, failure to maintain $240 would shift the narrative, opening the door to further declines and allowing bearish dominance. Robust Resilience Of Solana Bulls At The $240 Mark Solana’s bulls have exhibited remarkable strength and resilience in holding the $240 support level, successfully outweighing bearish pressure. Despite the challenges, the price is currently attempting to push toward the $260 level, a clear sign that the bulls are gaining control over the market. This upward movement indicates a change in sentiment, with buying interest intensifying and overshadowing the selling pressure. Related Reading: Solana Experiences A ‘Scary Sweep’ After Breaking ATH – SOL To $600? The ongoing move toward $260 highlights the positive resolve as traders increasingly target higher price levels. If Solana successfully breaks above the $260 resistance, it might signal the continuation of the uptrend, with the bulls possibly regaining full control and targeting even higher resistance points. This upward movement is backed by increasing buyer confidence, reflected by the bulls’ determination to hold above key support levels. Technical indicators are providing key insights into SOL’s next potential move. The 4-hour Simple Moving Average (SMA) is currently demonstrating a bullish trend as Solana’s price remains above this moving average, suggesting continued upward momentum. Also, the Relative Strength Index (RSI) has recently risen to 60% after a brief decline to 50%, signaling a shift in market dynamics. This notable increase from 50% to 60% suggests that more buyers are entering the market, strengthening the upward pressure on Solana’s price. Key Resistance Levels To Watch If Bulls Hold The Line If bulls successfully hold the line and maintain their strength above the $240 support level, the next key resistance level to watch is $260. Looking at the chart, this level is significant as it marks an important hurdle for the bulls to overcome in order to continue their bullish push. Related Reading: Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point A breakout above $260 would signal the continuation of the uptrend and open the door for further gains, with the next resistance lying higher up the chart. Featured image from Adobe Stock, chart from Tradingview.com
World Liberty Financial, the Trump-backed DeFi protocol, is swapping stablecoins for wrapped bitcoin (WBTC) and Ethereum’s native token ether, onchain data shows. The project is also apparently loading up on Chainlink's LINK, Ethena's ENA and TRON's TRX tokens.
The Trump family’s tokens may set a precedent for memecoin investing and attract more retail interest in cryptocurrencies other than Bitcoin and Ether.
Implied and realized volatility indexes hit the highest levels since August's yen carry trade unwind.
The Coinbase app is now ranked number 21 on the U.S. App Store, reflecting a surge in interest in crypto ahead of Trump's inauguration.
Billionaire Mark Cuban complained about the reaction to Donald Trump's memecoin, saying memecoins don't have utility or provide real value.
The memecoin industry, led by Dogecoin (DOGE) and Shiba Inu (SHIB), has registered a sharp uptick in daily average traded volume following the strategic launch of Donald Trump and Melania Trump memecoin projects. According to the latest market data, the memecoin’s 24-hour average trading volume surged by over 118 percent to hover about $80 billion …
Solana’s decentralized exchange (DEX) ecosystem saw unprecedented activity over the weekend, driven by the launch of US President-elect Donald Trump’s official memecoin on the blockchain. According to DefiLlama data, Solana’s DEX volume set consecutive all-time highs. It recorded $16.87 billion on Jan. 17, $28.28 billion on Jan. 18, and $27 billion on Jan. 19. As […]
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The launch of Trump's memecoin days before his inauguration is being received poorly by both crypto pundits and critics in Washington.
Ahead of pro-crypto leader Donald Trump’s inauguration as the 47th President of the United States of America, the Bitcoin market has reached a new all-time high of $109,588.08. In the last seven days, the market has experienced a growth of 16.1%. In the last 24 hours alone, the market has surged by around 3.5%. Many …
The biggest challenge in MiCA compliance was allocating resources to build the required infrastructure, Gemini’s head of Europe said.
Last week’s inflows and positive price action propelled total assets under management at the funds to an all-time high of $171 billion.
Donald Trump launching his own memecoin shows he’s willing to embrace the crypto industry and not just in rhetoric.
The token introduction is a big positive for crypto builders in the U.S. following the Biden administration's crackdown on digital assets, the report said.
The ether-bitcoin ratio dropped to the lowest since 2021 as incoming President Trump seen fueling BTC popularity.
Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet.
The Tether-backed video streaming platform closely associated with the Trump universe purchased its first bitcoins on Friday.
Recently, Solana’s price surged, reaching a key target zone and hit new ATHs. However, following this rally, it has experienced a pullback, hinting at a correction. After breaking below a trendline, the pullback became more evident, indicating that Solana might be in the midst of a corrective phase. The altcoin has gained more than 48% …
Solana (SOL) showcased massive volatility over the weekend, delivering a rollercoaster ride for traders and investors. On Sunday, SOL reached a new all-time high of $295, marking a significant milestone in its bullish trajectory. However, the celebration was short-lived as the price swiftly retraced over 20% to hit the $229 mark, causing concern among market participants. Yet, in a testament to its resilience, Solana bounced back strongly, climbing to $272 and reigniting bullish sentiment. Related Reading: XRP Breaks Out Of Bullish Flag Pattern – $4 Target In Sight Top analyst Jelle provided valuable insights into Solana’s price action, highlighting the significance of key levels turning into support. According to Jelle’s technical analysis, SOL’s ability to reclaim and hold these crucial levels is a strong indicator of continued bullish momentum. The bounce from $229 demonstrates robust demand, suggesting that Solana is well-positioned to resume its upward trend. As Solana continues to trade within striking distance of its all-time high, market participants are closely watching for signs of sustained strength. With key support levels intact and bullish sentiment building, SOL appears poised for further gains in the coming days. The question now is whether Solana can maintain this momentum and break through new barriers as it cements its place as one of the top-performing assets in the market. Solana Prepares For A Move Solana is poised for its next big move as the cryptocurrency market gains momentum ahead of President-elect Donald Trump’s inauguration. Today marks the beginning of a new chapter for crypto, with expectations of pro-crypto policies fueling bullish sentiment across the board. As Bitcoin (BTC) hits new all-time highs, Solana is positioning itself to capitalize on the market’s upward trajectory. Top analyst Jelle recently shared a technical analysis on X, highlighting Solana’s impressive resilience in the face of recent volatility. According to Jelle, key levels have turned into support, signaling a strong foundation for SOL’s next leg higher. While bullish momentum builds, Jelle cautioned that more “violent moves” could occur before Solana fully takes off, emphasizing the need for investors to remain vigilant. Solana has been no stranger to extreme price swings in recent weeks, reflecting its growing demand and increasing role as a leading blockchain platform. Despite the turbulence, SOL continues to push above crucial levels, reinforcing confidence among traders. Related Reading: Donald Trump Memecoin Skyrockets Over 12,000% Overnight With $30B Fully Diluted Value – What Happened? With market sentiment heating up and technical indicators aligning, Solana appears ready to ride the wave of optimism sweeping the crypto space. If support levels hold and the broader market rally continues, SOL could be gearing up for another significant surge, solidifying its status as a key player in the ongoing crypto revolution. Volatility Driving The Price Solana is currently trading at $264, testing its previous all-time high (ATH) set in late November. This critical level has become a focal point for traders, as SOL’s price action suggests it is ready to push higher and set new records. Over the past two days, SOL has been trading within a range of $229 to $295, reflecting significant volatility that has both challenged and energized the market. The recent price swings highlight the growing interest in Solana as volatility continues to drive trading activity. Despite the fluctuations, SOL has demonstrated remarkable resilience, bouncing back quickly from sharp dips and maintaining its bullish trajectory. The entire cryptocurrency market’s upward momentum is further fueling optimism, with Solana positioned to capitalize on this broader trend. Related Reading: Raydium Breaks Key Level Showing Relative Strength – New Highs Next? As the price consolidates near its previous ATH, investors are closely monitoring key levels for signs of another breakout. If SOL can maintain its momentum and break above $295, it will enter price discovery, a phase that often leads to rapid gains and new highs. With market sentiment overwhelmingly positive and technical indicators aligning, Solana looks poised to keep pushing higher, solidifying its reputation as a top-performing asset in the crypto market. Featured image from Dall-E, chart from TradingView.
The Solana blockchain faced severe congestion over the weekend as interest in Donald Trump and Melania Trump-themed memecoins surged. This unexpected spike overwhelmed the network, causing delays and failed transactions across various platforms. Solana congestion Prominent Solana-based services, including Phantom, Jito, and Jupiter, alongside centralized exchanges such as Coinbase and Binance, struggled to cope with […]
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Establishing a bitcoin strategic reserve and commuting the sentence of Ross Ulbricht are among Trump's potential day one executive orders.
One crypto community member speculated that the Trump family may be “planning ahead,” while another said the move solves the Trump family’s “memecoin puzzle.”
The Hashgraph Association has partnered with Taurus to advance secure custody, staking and tokenizing Hedera’s HBAR cryptocurrency globally.
As Donald Trump prepares to take the oath of office for his second term on January 20, the world watches with curiosity and the crypto market is already responding. Bitcoin has reached an all-time high of $109,241, marking a 6% surge in an hour, as traders speculate on the pro-crypto policies Trump may announce. Here’s …