Author: CryptoHoppers
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s court win boosts XRP’s outlook, while Elluminex eyes DeFi growth on the expanding TON network. Ripple (XRP) has established its footprint across the global financial landscape, especially after its recent court victory against the U.S. SEC. This achievement has propelled the XRP price to unprecedented highs, with market forecasters touting a double-digit price for the top altcoin during this bull cycle. Meanwhile, new interesting projects are emerging. Elluminex (ELX), a fast-rising presale star that aims to solve similar…
Key Takeaways NYSE Arca filed a 19b-4 form to convert Grayscale’s Dogecoin Trust to a spot exchange-traded fund. Grayscale seeks to expand its ETF offerings, including proposals for XRP and Litecoin ETFs alongside its spot Bitcoin and Ethereum ETFs. Share this article NYSE Arca has filed a 19b-4 form with the SEC, seeking approval for a rule change to list and trade shares of Grayscale’s spot Dogecoin ETF. The move comes swiftly after Grayscale announced the launch of its Dogecoin Trust earlier today.“Similar to Bitcoin and Litecoin, DOGE can be used to pay for goods and services or can be…
Crypto Trader Says Bitcoin Has Limited Upside Potential Going Forward, Unveils Massive Price Target for Ethereum
A widely followed analyst and trader is offering his outlook on the two largest crypto assets by market cap. The analyst pseudonymously known as CredibleCrypto tells his 460,500 followers on the social media platform X that “very healthy signs” have emerged for Bitcoin (BTC) amid the sideways consolidation that the crypto king has experienced over the past one and a half months. According to the pseudonymous trader, among the positive signs in the market include the open interest declining by 20%, $10 billion of spot market selling getting absorbed, the funding rate flatlining and the spot premium replacing the perpetual…
Bitcoin demonstrated strong resilience this week by building firm backing at the crucial $100,000 price point, which counteracted recent instability. Bitcoin lost 5% of its value below $100K on Monday before investor confidence returned to push it above this psychological threshold and spark renewed optimism. According to expert cryptocurrency analyst Jelle, Bitcoin successfully protected the $100,000 support mark to achieve a crucial technical breakthrough despite previous failed attempts at this level. After two previous failures, Bitcoin established $100,000 as its new stable support area. Jelle studied Bitcoin’s rebound from the $100K price level to discover strengthening forces that make the…
Share this article Seychelles, January 31, 2025 — MEXC, a leading global cryptocurrency exchange, is excited to launch a limited-time Zero-Fee Event for European traders. During this limited-time promotion, all EUR Spot trading pairs, as well as a total of 108 Spot trading pairs, will be offered with zero fees, providing exceptional trading opportunities and cost savings for the European cryptocurrency community.Event DetailsThe Zero-Fee Event will run from January 23, 2025, to March 31, 2025. During this period, all EUR Spot trading pairs will have 0% maker and taker fees. This promotion is available to all MEXC users.In addition to…
Sei Foundation, which supports the growth of the Layer 1 blockchain Sei, has launched a $65 million venture fund focused on decentralized science (DeSci) as the sector picks up momentum.Dubbed “Sapien Capital — Open Science Fund I,” the venture fund will exclusively invest in DeSci startups building natively on the Sei blockchain, Justin Barlow, head of business development and investments at Sei Foundation and a former investor at Solana Ventures, told The Block. The Sei Foundation has fully committed the $65 million capital for the fund, but it may work with external investors or limited partners in the future, Barlow…
iDEGEN presale skyrockets past $18.5m
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As AI coins take center stage in 2025, iDEGEN stands out as a viral, community-driven coin with presale success and a controversial, unpredictable future. While 2024 was the year of the meme coin, 2025 is the year of AI coins. Set to be the big winners this year, with AI agents predicted to be a dominant narrative, new AI coins could offer some of the most lucrative opportunities right now. Few are attracting as much attention as iDEGEN, the…
Bitcoin holds $100K as Fed keeps rates steady, Powell remains cautious on cuts
Key Takeaways The Fed maintained rates at 4.25%-4.50%, with Powell avoiding commitments on future cuts while removing prior language on inflation progress. Bitcoin declined 1% following the Fed’s announcement but remains above $100K, currently trading just below $102K. Share this article The Federal Reserve maintained interest rates between 4.25% and 4.50% on Wednesday, while removing previous language acknowledging progress on inflation from its statement.Fed Chair Jerome Powell indicated that future rate adjustments will be contingent on incoming data, labor market trends, and inflation developments.Bitcoin dropped 1% after the Fed’s announcement but maintained levels above $100,000, trading just below $102,000. The…
The Governor of the Czech National Bank (CNB), Aleš Michl wishes to invest billions of euros from the country’s reserves into Bitcoin as reported by Financial Times. If this proposal is accepted and executed, CNB will become the first Western central bank to hold Bitcoin (BTC) reserve. Czech Central Bank Governor wishes to buy Bitcoin worth billions A Bold Move Towards Diversification with Bitcoin In the interview, the Governor informed Financial Times that he intends to present his Bitcoin investment plan to the CNB board. If the board agrees to go ahead with the proposal, up to 5% of the…
Deepseek has sent shock waves to the stock market, with Nvidia shares dropping by 4.62%. AI-themed crypto assets are mostly hit with the market crash, dipping with double digits. Over the past day, global stock markets have experienced a sharp decline as Chinese AI startup DeepSeek shook the tech industry. In the last 24 hours, Deepseek surged to become the most popular AI in the U.S. This sudden spike has sent shockwaves throughout the country’s stock futures. According to a report, China’s Deepseek released a large language model (LLM) in December 2024 which performs the same as OpenAI and other…