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Cryptocurrencies are going through a very good period right now, and some people are likely to walk away with a nice return on their investment as 2024 draws to a close. But this is also good news for the IRS when it comes time for your next tax bill.

When it comes to keeping your tax bill as low as possible, however, crypto losses can also be your friend. You can use them to offset profits you made elsewhere in your crypto portfolio. With good times potentially ahead for crypto coins like Solaxy ($SOL), your tax position is something you should be looking at sooner rather than later.

Crypto Profits Are Taxable Profits

Meme coins are in the ascendant right now, with many of them – Crypto All-Stars ($STARS), Wall Street Pepe ($WEPE), and CatSlap ($SLAP), to name a few – promising high staking yields and higher prices. As investors take advantage of the bullish markets, it can be hard to forget that a percentage of any profits legally need to go to the government.

The IRS is making big changes to the rules starting on January 1st, so unless you do a bit of advance planning, you could find yourself handing over more of your crypto wins to Uncle Sam than you’d hoped for. Thinking ahead to your next one or two tax bills, therefore, makes sense, including how to offset them with your losses.

Of course, we’re not lawyers or accountants, so we can’t give tax advice. We can give you some broad strokes hints, but you should always double-check everything we say with your accountant. Everyone’s tax liabilities are different, so what applies to some people won’t necessarily apply to others.

So When Does Crypto Become Taxable?

It helps to start by defining what the IRS considers to be taxable when it comes to crypto. According to this Forbes article, you’ll need to pay tax on your crypto gains when you’re:

• Selling any of your crypto balances for fiat currency
• Trading one cryptocurrency for another one
• Spending your crypto balance on goods or services (many wallets, like Coinbase, now offer debit cards)
• Earning crypto through staking, mining, or rewards, which is something investors really need to watch out for, when staking new meme coins
• Receiving airdrops or hard forks

If you’ve done any of these things during 2024, you need to ask your accountant for a Form 8949, Schedule D, or Schedule 1.

So, How Can Your Crypto Tax Bill Benefit From Losses?

You should ideally be putting aside 25%-30% of your crypto wins for the tax man. But you could potentially make your bill lower by adding your crypto losses to the tax return. This is completely legal. However, you need to do this by December 31st to take advantage of this for your 2024 tax bill.

Using losses to offset a tax bill is known as tax loss harvesting. This is when you look at your assets and decide which ones are underperforming and currently causing losses for you. You can then sell them at a loss and report that loss to the IRS, who will then hopefully accept them and take them off your bill. In some cases, those losses may even apply to tax bills in future years.

This all serves to illustrate that making losses can have a silver lining.

Signs Look Good For Solaxy

At the beginning of the article, we mentioned Solaxy ($SOL) which is one coin doing extremely well at the moment. It’s the first Solana Layer 2 protocol designed to tackle congestion and scalability issues, which is what’s getting it a lot of attention right now.

While others like Wall Street Pepe and CatSlap are slightly declining at the moment, Solaxy is going in the opposite direction. It’s seeing gains of almost 200% with a current token price of $0.00001839, and a staking APY of 1,280%. So this would definitely be one to consider including in your portfolio.

Don’t Take Our Word as Gospel – Consult an Accountant!

What we’ve outlined here are merely generalizations. You should always consult an accountant or a tax lawyer to make sure the rules apply to your current situation. Like investing in new crypto possibilities, always do your own research!

Bitcoin has surged past its all-time high again, reaching an impressive $108,300 and solidifying its position as the market leader. This rally marks a continuation of Bitcoin’s push into price discovery, fueled by growing investor demand and positive global market sentiment.

Notably, many major markets, including U.S. stocks and gold, are also experiencing upward momentum, creating a favorable macroeconomic environment for Bitcoin’s price action.

Top CryptoQuant analyst Axel Adler recently highlighted Bitcoin’s renewed strong correlation with the S&P 500 index, which currently stands at 83%. This connection underscores how BTC is increasingly viewed as a risk-on asset, moving in tandem with traditional financial markets. Adler’s analysis suggests that Bitcoin’s price performance could continue to mirror broader market trends, potentially leading to even greater heights if global equities maintain their bullish trajectory.

As Bitcoin navigates this historic rally, analysts and investors closely monitor the market for clues about its next moves. With global markets aligned and BTC maintaining strong correlations, the stage is set for further price discovery. However, all eyes remain on whether BTC can sustain its momentum and reach new highs in the coming weeks.

Bitcoin Joins Traditional Markets

Bitcoin has evolved from a niche digital asset to a globally accepted store of value, with its increasing mainstream adoption playing a key role in its market movements. Over the past four years, Bitcoin’s price action has often mirrored broader market trends, especially during strong growth in traditional assets like the S&P 500 and NASDAQ. This growing relationship highlights Bitcoin’s transition into a risk-on asset, now seen as part of a larger global financial ecosystem.

Top CryptoQuant analyst Axel Adler recently shared important insights revealing that BTC is once again strongly correlated with the S&P 500, with the current correlation at an impressive 83%. 

This marks a significant shift from September, when the correlation was a negative 80%. During that time, BTC was undergoing a correction while the S&P 500 was pushing toward a new all-time high. The negative correlation observed back then reflected a market divergence, with BTC and traditional equities moving in opposite directions.

Typically, a high positive correlation between Bitcoin and the S&P 500 signals that both markets are trending in the same direction, often due to shared macroeconomic factors like investor sentiment and global economic conditions. 

The current positive correlation suggests that Bitcoin’s rise is in tandem with the broader financial market’s bullish momentum, which bodes well for further price discovery. As both markets continue to climb, BTC may experience even stronger upward movement, benefiting from the continued growth of global equities.

BTC Visits Uncharted Territory

Bitcoin is trading at $105,200, showing strong momentum after a solid bounce from the previous all-time high (ATH) at the $103,400 level. This bounce is a bullish signal, indicating that BTC maintains its upward trajectory and continues to push into price discovery. BTC holding above this key support level highlights growing investor confidence, suggesting that further gains are likely in the coming days.

If BTC can hold above the critical $104,000 mark in the short term, it would pave the way for a challenge to the $110,000 level. A successful move past $110,000 would mark a new milestone in Bitcoin’s price action, potentially leading to further exploration of uncharted territory.

However, if selling pressure begins to intensify, BTC may experience a retrace back to the $100,000 mark. This level could act as key support, offering a chance for the market to find demand before continuing its rally. Overall, Bitcoin remains in a strong uptrend, and the next few days will be crucial in determining whether it can continue pushing toward new highs or face a temporary pullback.

Featured image from Dall-E, chart from TradingView 

Just yesterday, Crypto All-Stars ($STARS) announced that it raised $21 million. Today, the counter stands at a staggering $23 million as investors flock to secure their share of $STARS before the presale ends.

A broader meme coin rally in November could’ve benefited $STARS, but such a success wouldn’t have been possible if not for its unique utility. Crypto All-Stars presents the world’s first unified staking platform MemeVault, which allows you to earn passive rewards on your favorite meme coins.

Let’s unpack why $STARS is drawing the community’s attention and why the stars have aligned perfectly for its launch.

Chill Guys Lose It, Penguins Fly, $STARS Align

It’s true that some recent top gainers, like Dogecoin ($DOGE), Just a Chill Guy ($CHILLGUY), and First Convicted Raccoon ($FRED), saw dramatic corrections this week.

However, new stars appear on the meme coin skyline daily. While some fall, new projects like Pudgy Penguins ($PENGU) record 500%+ gains.

$STARS is one such sensation. Unlike meme coins that rely on hype alone, $STARS’ meteoric rise has to do with its underlying staking platform, MemeVault.

Holders of popular meme coins like $DOGE, $PEPE, $SHIB, $BRETT, and $MOG can stake their tokens in the MemeVault to earn passive yields in the form of $STARS. At launch, MemeVault will support the top 11 meme coins, but the project team plans to add more in the future.

This approach future-proofs $STARS because it doesn’t depend on the demand for just one token. Instead, it can attract the entire meme coin community, ever-expanding like the universe itself.

The word of $STARS has spread far across the meme coin space and drew not just degen investors but also whales. Yesterday, a single investor bought over $75,000 worth of $STARS.

Big buys like these make influencers like ClayBro believe $STARS price will double soon after launch.

$STARS to Conquer DEXs First, Are Tier-1 CEXs Next?

$STARS started at a humble price point of $0.00138 and is now selling 21% above that, at $0.0016782. This is the final price before the $STARS presale ends, and holders can claim their tokens.

MemeVault welcomes every degen investor, regardless of their participation in the presale. However, early $STARS adopters will benefit from higher staking rewards within the ecosystem, which means now is the last chance to maximize your potential earnings.

And there’s still time to stake your $STARS at a 144% APY. Rewards will be distributed over two years at a rate of 2801.44 $STARS per $ETH block.

The Crypto All-Stars project team doesn’t openly disclose upcoming listings, but rumor has it we might see $STARS on tier-1 centralized exchanges like Coinbase. It’s likely that $STARS will test the waters on decentralized platforms like Uniswap first.

To ensure smooth trading, Crypto All-Stars allocated 10% of the total token supply to liquidity. Another 20% is reserved for marketing to expand the project’s reach globally and – who knows – launch $STARS right to the moon.

Last 26H to Buy $STARS Before Token Claim

The Crypto All-Stars presale ends tomorrow, and FOMO is through the roof. With just 20% of the total token supply available on presale, investors are rushing to secure their share of $STARS before it sells out.

To buy $STARS, visit the official Crypto All-Stars website, connect your wallet, and buy tokens using $ETH, $BNB, $USDT, or fiat. Then, follow the Crypto All-Stars X and Telegram channels so as not to miss token claim updates.

Remember to do your own research because nothing is certain in life except death and taxes (and, perhaps, $BTC hitting $110,000 this market cycle).

As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base.

Despite its fun and viral start, DOGE has surged in value over the years, trading at $0.3853 at the time of writing. With the token -48% away from its All-Time High price ($0.7376), investors wonder if DOGE can surpass $1 in the first quarter of 2025. As we find the answers, crypto analysts are betting on a new ICO, DTX Exchange, valued at $0.12.

DTX Exchange (DTX): A Comprehensive Trading Platform Captivating Investors and Analysts

DTX Exchange is a new project redefining the online trading experience by integrating the strengths of centralized and decentralized platforms. It does this by combining the security of decentralized exchanges with the liquidity of centralized exchanges.

This unified platform provides access to a portfolio of financial instruments, from stocks, ETFs, cryptos, forex, and more. As such, it reduces the need for traders to explore multiple exchanges, thereby increasing efficiency, security, and user convenience.

Notably, DTX Exchange is powered by an innovative blockchain, VulcanX, which ensures exceptional performance with a throughput of over 100,000 transactions per second (TPS). This technology, combined with an average execution trade time of just 0.04 seconds, guarantees traders a reliable and fast trading experience.

In addition, DTX features analytical tools such as real-time charting tools for users to make data-driven decisions and capitalize on quick market moves. Another standout of DTX Exchange is its non-custodial storage and wallet trading, which ensures traders retain full control over their assets. As such, it’ll foster trust and safety among traders seeking security and transparency in this hybrid ecosystem.

It’s no surprise that DTX Exchange is doing well in its ongoing presale; it has raised over $10 million so far. With the potential to list on top-tier exchanges like Binance, Uniswap, and ByBit, analysts predict potential growth for this coin, with some forecasting a 500% surge in value post-presale.

With over 300k wallet addresses already onboard, this project is gaining momentum as an all-in-one solution for traders worldwide. Eager investors can purchase DTX tokens at $0.12.

Can Dogecoin (DOGE) Surpass $1 in 2025?

Ranking #1 in the meme coin sector, Dogecoin has become one of the go-to meme projects among top investors and traders. With Elon Musk leading the Department of Government Efficiency (DOGE) in this new American political landscape, Dogecoin continues to surge in value.

As the new bull cycle approaches, many investment analysts believe that Dogecoin can reach the $1 milestone. Given Elon Musk’s constant involvement, DOGE can almost certainly achieve that price.

However, the token’s dependency on celebrity hypes and a favorable crypto landscape renders it susceptible to fluctuating price action. There’s also the supply issue, as Dogecoin has an infinite amount of DOGE minted. This situation partly undermines the crypto’s capacity to maintain and boosts its value.

Conclusion

As a top crypto, Dogecoin continues to deliver speculative price action among experts and investors. With the bulls returning in full momentum, there’s a growing expectation that DOGE could return to its higher price and hit its $1 milestone in the first quarter of 2025.

While we wait, investors are checking out DTX Exchange, a project performing well in its early stages and ready to soar soon, thanks to its impressive utility. Its presale is still on, and there’s a good chance to hop in and enjoy remarkable gains now and in the future.

Find out more information about DTX Exchange by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

Prominent crypto market commentator and former BitMEX CEO Arthur Hayes predicts a “harrowing dump” in the digital assets market around President-elect Donald Trump’s inauguration. However, Hayes adds that the anticipated market crash will likely be followed by a strong bullish trend reversal.

Hayes Warns Against Overblown Expectations From Trump

Renowned crypto market analyst Hayes shared a new blog post outlining his views on the crypto market’s trajectory for the coming year. According to Hayes, the disconnect between the crypto market’s high expectations for Trump’s incoming administration and the political reality will likely spook investors, triggering a significant market sell-off.

Hayes points to the market’s unrealistic expectations from Trump, saying that it is “almost impossible for Trump to appease his base sufficiently to prevent the Democrats from retaking both legislative bodies in 2026.” As a result, Trump will have, at best, one year to enact any policy changes.

The crypto entrepreneur warned that the market’s realization of these limitations will trigger a “vicious sell-off” in digital assets. He revealed that his investment fund, Maelstrom, plans to book profits ahead of the anticipated sell-off and re-enter the market at lower prices during the first half of 2025. However, Hayes noted that he is open to “admitting defeat” if no market correction occurs by January 20.

Trump’s victory in the US presidential election has sparked fresh hope in the crypto market, resulting in BTC rising past $100,000 price level for the first time ever. At the time of writing, the total crypto market cap stands at $3.81 trillion.

Trump’s victory has also fuelled speculation about the creation of a potential national strategic Bitcoin reserve, a move that could spur competitive sovereign purchases by other nations. However, Hayes does not expect such a reserve to materialize anytime soon. He explained:

While I don’t believe the US government will purchase Bitcoin, it doesn’t affect my positive price outlook. At the end of the day, a gold devaluation creates dollars which must find a home in real goods/services and financial assets.

Contrasting Projections For BTC Price Action

While Hayes foresees an impending crypto market dump in early 2025, crypto financial services firm Matrixport predicts otherwise. According to a recent X post, the firm expects a “strong start” for BTC going into 2025.

Similarly, Standard Chartered bank estimates that BTC may climb up to $200,000 by 2025 as more institutions continue to accumulate the top digital asset. A recent report by crypto exchange Bitfinex also predicts further upside potential in BTC after its consolidation around the $100,000 price level.

Even more ambitious price targets were shared by Bitwise’s Matt Hougan, who said that buying BTC before it reaches $500,000 would still be considered “early.” At press time, BTC trades at $104,002, down 2.8% in the past 24 hours.

Bitcoin (BTC) bull Michael Saylor, who is co-founder and Chairman of MicroStrategy, has expressed a desire to enhance “intelligent leverage” for the company’s shareholders as it continues its strategy of investing heavily in the market’s leading crypto. 

MicroStrategy’s Shares Soar 500% In 2024

In a recent interview on Bloomberg Television, Saylor highlighted that MicroStrategy holds $7.2 billion in convertible securities, with approximately $4 billion effectively acting as equity due to their favorable trading conditions. 

He noted, “They are trading with a delta of approximately 100%, looking like equity,” indicating a strong correlation between the convertible bonds and the company’s stock performance.

MicroStrategy has emerged as a significant player in the cryptocurrency landscape this year, actively pursuing a bold plan to raise $42 billion exclusively for the acquisition and retention of Bitcoin. 

The company’s shares have surged nearly 500% in 2024, significantly outpacing Bitcoin’s own 150% rise during the same period, attributed in part to the firm’s routine announcements of multi-billion-dollar Bitcoin purchases, which have taken place every Monday for the past six weeks. 

Such activities have not only driven up MicroStrategy’s stock price but have also raised questions regarding the long-term sustainability of this aggressive investment strategy.

The firm’s fixed-income securities have attracted attention from hedge funds seeking convertible arbitrage opportunities, a strategy that involves buying the bonds while short-selling the underlying shares. This demand has facilitated MicroStrategy’s issuance of $6.2 billion in convertibles this year, further bolstering its financing capabilities.

Despite concerns about the viability of its investment approach, MicroStrategy’s market capitalization has soared past $90 billion, leading to its inclusion in the Nasdaq 100 Index at the end of trading on Friday. 

This milestone could trigger over $2 billion in share purchases from funds that track the tech benchmark index, according to estimates from Bloomberg Intelligence.

Saylor Open To Crypto Advisory Role

In a related note, Saylor revealed during the interview that he has been actively engaging with members of President-elect Donald Trump’s administration, signaling his willingness to contribute to discussions on constructive digital asset policies. 

Saylor stated that he would be open to serving on an advisory council for digital assets if called upon amid Trump’s recent appointment of David Sacks, a former PayPal executive, as the first-ever “White House AI & Crypto Czar.” 

As previously reported by Bitcoinist, this role is designed to oversee the development of government policies concerning artificial intelligence and crypto, a move that aligns with Trump’s campaign promise to reform US crypto regulations and foster an environment conducive to industry growth.

Sacks will be tasked with creating a legal framework to provide the clarity the crypto industry has long sought, enabling it to flourish within the United States. Trump remarked, “He will work on a legal framework so the crypto industry gets the clarity it has been asking for and can thrive in the US.”

Featured image from DALL-E, chart from TradingView.com 

Online reports revealed Craig Wright skipped his UK court hearing today due to an alleged lack of resources to travel. The Australian computer scientist is facing a contempt of court case over his lawsuit against Bitcoin Core developers and could receive a prison sentence if the claim is proved.

COPA Vs. Wright Saga Continues

On Wednesday, Australian Computer scientist and self-proclaimed Bitcoin inventor Craig Wright was expected to appear at the London Royal Court of Justice to attend the hearing regarding the contempt of court case against him.

The hearing attendants reported that Wright didn’t appear in court “due to lack of means for travel.” According to the hearing transcription shared by BitMEX Research, the self-proclaimed Satoshi Nakamoto informed the participants via email he would not be attending.

In October, the Cryptocurrency Open Patent Alliance (COPA) filed a contempt application form in response to Wright’s $1.2 billion lawsuit against Bitcoin Core Developers and Jack Dorsey’s Square Up European Ltd.

In the contempt application, COPA argued that the computer scientist had breached the injunction resulting from the main Bitcoin Authorship case. The injunction ordered Wright to admit he was not Satoshi Nakamoto and cease any further legal action related to the disproved authorship claims.

In an early November court hearing, the fake Satoshi denied COPA’s accusations, arguing that his latest legal battle was “fundamentally different” from an identity claim as it was based on his “contributions to the development, maintenance, and extension of the Bitcoin Blockchain.”

Based on this, Wright, representing himself in the lawsuit, asserted not to be in contempt but added that he was willing to amend his case if the court found him to be breaching the court’s injunction.

For context, the self-proclaimed Bitcoin author claimed in the lawsuit that Bitcoin Core developers and all affiliated parties have misrepresented BTC as the original Bitcoin, adding that Bitcoin SV (BSV) is the real version.

Judge Mellor halted Wright’s lawsuit while the Contempt case was resolved, scheduling the hearing for December 18. During the hearing, the parties discussed that Wright’s in-person assistance was required, as he attended the initial hearing via video call from Singapore.

In a subsequent hearing, the court ordered Wright to return to the UK for today’s hearing.

COPA Asks For 2-Year Sentence Over Bitcoin Core Case

COPA’s legal representative, Jonathan Hough, revealed that the non-profit organization offered to pay his travel expenses. Seemingly, Wright refused the offer, stating it “would not cover his business losses.”

“This is the first time that CSW has said he does not have the means to travel. He has covered cost orders of around £10m earlier this year, therefore this latest excuse deserves a large amount of skepticism,” Hough stated.

The email exchange continued, with the Australian computer scientist stating that he would need £240,000 to cover the travel expenses and the business losses:

It comes in at £240,000. Due to the actions by COPA, I am not able to operate as expected. However, even with this funding I would not be in a position to function adequately, nor could I feasibly travel to complete such obligations.

It’s worth noting that Hough requested “a sentence of 2 years and a following term of 6 months if CSW does not withdraw the new claim,” noting that Wright is “staying out of jurisdiction to avoid consequences.”

After Wright’s confirmed absence, British High Court Judge James Mellor decided to continue the hearing and hand down a judgment on Thursday, December 19 at 2 pm UK time. The judge asked COPA’s legal representative to invite Wright to the sentencing before ending the session.

According to new reports, Dogecoin’s market sentiment has plummeted significantly, turning negative once again as its price consolidates. This bearish trend raises the question of whether it is time for investors to buy or sell off their DOGE tokens to avoid future losses.

Dogecoin Market Sentiment Dwindles

On Tuesday, crypto analyst Ali Martinez announced on X (formerly Twitter) that Dogecoin’s market sentiment has turned negative, signaling a shift in investor confidence in the meme coin.

Martinez shared a price chart highlighting two key metrics suggesting that DOGE’s market sentiment is drastically reducing. The first metric, indicated by the blue bars as social volume, represents the number of social media mentions around Dogecoin. 

As a meme coin, social sentiment plays a crucial role in DOGE’s price trajectory. Increases in social volume typically suggest increased interest or hype in a cryptocurrency, which ultimately fuels demand and increased adoption.

The second metric, shown by the red bars on the chart, reflects Dogecoin’s weighted sentiment. This metric tracks the overall positive and negative sentiment surrounding DOGE on social media. When the weighted sentiment falls below the zero line into the negative territory, it signals that investors and traders are adopting a pessimistic outlook on the cryptocurrency. 

In the chart, the weighted sentiment for DOGE has turned negative multiple times, especially during periods of consolidation. Consequently, Martinez has revealed that the recent shift in Dogecoin’s market sentiment is attributed to its ongoing price consolidation.

The analyst has surmised that investors and traders are growing increasingly impatient with DOGE’s prolonged consolidation. The price has remained stagnant despite its rise to $0.4. With the sentiment turning bearish, the Dogecoin price could face additional challenges, leaving investors uncertain whether to buy or sell off their holdings to mitigate potential losses. 

Moving on, Martinez has observed that the red sentiment line on the DOGE chart has dipped below 0.597, reflecting negative market sentiment. This bearish indicator, combined with Dogecoin’s slow price growth, suggests that interest and optimism surrounding the meme coin have declined for now. 

Analyst Says The Longer The Consolidation, The Bigger The Rally

Many in the crypto market have expressed concerns over the recent change in market sentiment due to DOGE’s extensive price consolidation. However, crypto analyst Cephii proposed that this consolidation could catalyze a significant Dogecoin price rally.

According to the analyst, “The longer we consolidate here, the bigger the rip.” This suggests that Dogecoin could experience an explosive price rally once its consolidation ends. Based on his price chart, the analyst has predicted a potential rise toward $0.8 once DOGE can break past key resistance areas. 

Additionally, Cephii has pointed out that Dogecoin’s social metrics remain strong. This is likely due to the continued bullish sentiment within the Dogecoin community, even amid the negative shifts in market sentiment. 

Discussions about Ethereum’s next major price rally have emerged significantly within the crypto community following its recent upbeat strength in the past few days. With upside momentum gaining traction, there are speculations that ETH may rally soon. However, a recent development suggests otherwise.

Anticipated Major Rally For Ethereum Might Require More Patience

Ethereum’s next big upswing is widely believed to be just around the corner as evidenced by several bullish forecasts. Nonetheless, Ali Martinez, a market expert and investor, predicts that the notable much-anticipated move may take longer than the general market expects.

The expert points to a key market sentiment trend that implies that ETH could require more time to build the necessary momentum for its next price breakout. This forecast may also indicate that the altcoin may witness a period of consolidation before any substantial upward movement.

In the past two bull cycles when long-term holders went into greed, Ali Martinez highlighted that Ethereum climbed super high. Meanwhile, the metric shows that long-term holders’ mood is still in the early phases of belief.

Comparing the development in the ongoing cycle with the past cycles, the expert is confident that the altcoin’s next big move could still be ahead. Martinez’s forecast serves as a cautionary insight for traders and investors as ETH navigates the current volatile phase.

As optimism around ETH begins to build, Venturefounder, a crypto analyst has pointed out the digital asset’s path to a new all-time high. His forecast is part of a broader sentiment that ETH might be gearing up for a significant move upward.

After navigating Ethereum’s price action on the 3-week chart, Venturefounder believes that the altcoin will surge to $4,900. Furthermore, the expert solely attributes his forecast to a breakout from an impending chart formation, particularly the Cup and Handle pattern.

The chart shows that ETH has finally reached a weekly close of $3,800 as support. Even though it took the asset weeks to achieve the level, Venturefounder claims that the move was solid.

With ETH closing the week at $3,800 and the Cup and Handle pattern forming, the $4,900 level could be the next price target. Following the milestone, Venturefounder foresees other higher levels, such as $5,349, $6,457, and $7,238, by the end of the Q1 of 2025.

Is ETH’s Outlook Becoming Bearish?

Over the past week, ETH displayed a robust price performance, rising as high as $4,089 on Monday. However, its upside momentum appears to be slowing down, leading to a drop toward the $3,800 level.

This sudden drop has triggered a potential negative outlook for ETH in the short term as investors are gradually becoming pessimistic. Following the price drop of nearly 4% in the past day, its market cap and trading volume have also dropped by 3% and 13% in the same time frame.

After an explosive rally, the Dogecoin price consolidated between $0.35 and $0.47, which saw it gain 78% in a month. This has prompted ADA holders to join PropiChain’s (PCHAIN) token presale to capitalize on its potential for huge profits in 2025.

PropiChain is gaining attention, raising over $1 million in the ongoing presale. The RWA altcoin is tipped to transform the $300 trillion real estate industry through AI, blockchain, and the metaverse.

It has drawn from investors and DOGE whales who think the Dogecoin price action hints at fading momentum. 

Could PropiChain deliver up to 32,390% returns by mid-January, surpassing even DOGE’’s impressive growth?

Dogecoin Price: DOGE Loses Momentum 

The Dogecoin price jumped from $0.1467 in early November and reached a local high of $0.4758 before surrendering gains. At $0.3964, the Dogecoin price has surged 170% in less than 2 months.

After the slide, investors think DOGE is losing momentum. This also comes as old coins that surged in the same period are tanking. These include XRP and Cardano. 

Analysts believe the Dogecoin price will see further downside before having any chance of rising again. This has pushed ADA holders to seek better opportunities in promising presale tokens. 

The Dogecoin price is 46% below its May 2021 all-time high.

Growing Presale Demand Highlights PCHAIN’s Innovation 

Dogecoin is known for its explosive rally and volatility, yet an analyst says PropiChain is well-positioned to outperform the meme coin and other blue-chip assets.

The RWA altcoin has seen an increase in its demand, with the token presale raising over $1 million in the first round. There are two more rounds to go before the public launch but savvy investors are rushing to buy now before it is sold out.

Analysts have lauded PropiChain’s several features as the reason behind its presale success.

The project is tokenizing real estate, enabling fractional ownership. PCHAIN’s users will have access to the global real estate market by buying pieces of property.

Additionally, PropiChain’s users will have their real estate management workload significantly reduced thanks to its smart contract automation feature.

The feature will handle transactions such as auto leasing and lease renewals. Automated transactions have no room for error and there is no human intervention needed. 

The project’s innovation continues with automated valuation models (AVMs). This is an AI-driven algorithm that evaluates the true price of properties. This feature enables buyers and sellers to get fair pricing for their real properties.

PCHAIN’s set of exciting set of tools gets another exciting addition in the form of the metaverse. This feature is reserved for investors in distant locations but willing to invest in properties. 

The metaverse allows users to view properties remotely. By offering a 3D, immersive experience, PropiChain enables investors to make informed purchasing decisions without being present. 

The exciting PropiChain platform has increased demand for the PCHAIN token, with analysts projecting a 32,390% growth by 2025.

Dogecoin Price Action vs PCHAIN’s Momentum

The Dogecoin price momentum is waning and holders are starting to book profits and rotate into promising altcoins.

PCHAIN’s focus on real estate tokenization makes it stand out altcoin with high upside potential. Analysts are predicting more than 32,000% gains after listing for the RWA altcoin.

PCHAIN: Presale Enters Round 2 After Raising Over $1 Million

PropiChain continues with its impressive presale that has entered the second round. After raising over $ 1 million with whales signing up every day, now is the best time to secure PCHAIN before it is listed on secondary exchanges.

Investors are pleased with the project as it has exceeded expectations. A CoinMarketCap listing and independent smart contract audit by BlockAudit have enhanced its credibility in the market.

The RWA altcoin has become the best opportunity to invest in now as the Dogecoin price loses momentum.

Don’t miss this opportunity. Join PropiChain’s presale and watch a $1,000 investment turn into $300K as the platform brings practical innovation to the real estate sector.

For more information about the PropiChain Presale:

Website: https://propichain.finance/ 

Join Community: https://linktr.ee/propichain

 

Metaplanet Inc., a publicly traded company on the Tokyo Stock Exchange, is ramping up its efforts to build its Bitcoin portfolio. According to multiple reports, the Japanese Bitcoin consulting company has issued ¥4.5 billion ($30 million) in zero-interest bonds to finance its Bitcoin acquisition strategy.

The company shared this news on its bond issuance through a disclosure posted on its website dated December 17th. This is the fourth in the series and formally carries the name Metaplanet Inc. 4th Series Ordinary Bonds.

The total amount of bonds is worth ¥4.5 billion, each costing ¥250 million. According to the company disclosure, the bonds are not subject to interest and will mature on June 16th, 2025.

*Metaplanet to issue 4.5 billion yen in Ordinary Bonds to Accelerate Bitcoin Purchases; Repayment to be made from Warrant Exercise Proceeds* pic.twitter.com/oS93rD7uXk

— Metaplanet Inc. (@Metaplanet_JP) December 17, 2024

Metaplanet And Its Quest To Become Asia’s Biggest Bitcoin Holder

Metaplanet’s December bond offering is the fourth in the series, aiming to fund its Bitcoin strategy. As a publicly traded company, Metaplanet leverages Bitcoin as a primary reserve asset and seeks to use its excess cash to invest in Bitcoin.

According to its corporate manifesto, it’s taking the Bitcoin pivot thanks to the asset’s unique qualities, such as scarcity and apolitical monetary policies.

The latest bond issuance is part of the firm’s strategic plan to become the region’s largest Bitcoin holder. According to its disclosure, the bonds will be released in tranches, allowing the firm to raise money to purchase Bitcoins.

A Strategic Plan To Boost Bitcoin Holdings

Metaplanet Inc. started its Bitcoin-buying spree in April 2024. As of this writing, the Japanese firm has already added 1,150 Bitcoins, or $122.67 million, to its holdings. Metaplanet’s investment thesis is similar to that of MicroStrategy’s, led by Michael Saylor.

The issuance of new bonds is expected to fast-track its investment in digital assets. By offering zero-interest bonds, the company can avoid short-term financial issues while using the fresh funds to add more digital assets. It’s also a win-win scenario for investors since these bonds are offered at a discount but are paid in full upon maturity.

The market responded well to these most recent events; shares of the company surged by 51% during the past five days. The company’s market capitalization is raised to more than $1 billion as its shares hit a high of ¥4,270. The CEO of Metaplanet Inc., Simon Gerovich, has appreciated the overwhelmingly favorable reaction of the market to the move.

Metaplanet And BTC Rewards Program

Apart from its approach of bond issuing, Metaplanet also revealed its Bitcoin Rewards Program. Recently, the company started a ¥30 million ($199,500) prize pool to honor owners of at least 100 shares as of December 31, 2024.

Using a lottery system, the company will select 2,350 shareholders who will get varying amounts of Bitcoins.

Featured image from UEEx, chart from TradingView

The recent XRP price action has been highlighted by another notable surge that saw it reaching just above $2.7 briefly again after a 9% surge on December 17. Although the XRP price was rejected immediately after reaching this level, it continues to exhibit bullish momentum on the daily timeframe chart. Interestingly, popular crypto analyst and XRP advocate Dark Defender recently shared his insights on X, highlighting key price levels that could pave the way for an XRP price surge to $5.85.

Breakout Confirmed As XRP Price Hits $2.72

Dark Defender, known for his consistent bullish stance on XRP even during its prolonged bearish phase, pointed out the significance of the $2.72 price level, which has acted as a support and bounce point. In a recent price outlook, he noted that XRP has been so far following his predicted trajectory, citing the achievement of a $2.72 target he shared two days prior. This validation further strengthens his confidence in the token’s current trajectory.

The significance of $2.72 becomes clearer in light of XRP’s breakout on December 15 from a downward-sloping resistance trendline that has been in play since December 3 on the 4-hour chart. Following this breakout, the XRP price rallied to touch $2.72 before facing rejection and started a short-term decline that brings into focus other critical support levels to keep an eye on.

With this in mind, Dark Defender’s new technical analysis points to $2.42 and $2.52 as the next two notable support levels to watch. Should the price breach the $2.52 level, $2.42 is expected to act as the most crucial bounce point just above the downward sloping resistance trendline that could reignite bullish momentum. A rebound from $2.42 would, in the analyst’s view, set the stage for another upward surge towards higher resistance levels. 

Projected Rise To $5.85: Key Price Levels To Watch

The next stages in XRP’s ascent, according to Dark Defender, lie in overcoming pivotal resistance levels. The first step would be to break above $2.72 and retest its current 2024 high of $2.92. A successful break above $2.92 would open up XRP to new price highs in over six years.

Should the XRP price successfully break through the $2.92 mark, the analyst predicts a sure climb toward $3.43 as an intermediate target, which is its current all-time high price that has stood for over seven years. From there, Dark Defender predicted continued bullish momentum that would drive the token to a long-term target of $5.85. 

At the time of writing, XRP is trading at $2.51 with a market cap of $144 billion. Reaching $5.85 would translate to a 133% increase in price and a market cap of $351 billion.

The conflict between Cardano founder and IOG boss Charles Hoskinson and the Cardano Foundation continues to escalate publicly. The conflict first came public last week when a whistleblower accused the Cardano Foundation of mismanagement led by self-interest.

Hoskinson raised several accusations, the biggest one included the last-minute intervention in the now-accepted Cardano constitution. Hoskinson confirmed the whistleblowers’ claim that the Cardano Foundation almost undermined the Constitution process.

Hoskinson Escalates Fight With Cardano Foundation

The conflict has now flared up again after the Cardano Foundation announced a space on X yesterday, December 17. It wrote: The Cardano Foundation, headed by CEO Frederik Gregaard, CTO Giorgio Zinetti, and executive Alexandre Maaza, recently announced the launch of a series of public forums on X intended to bring “transparency, clarity, and dialogue” to its operations.

According to the Foundation, these sessions aim to “answer questions and share the context needed to move forward together,” and will feature leadership responding to community concerns about financial and governance oversight.

However, Hoskinson questioned the sincerity and efficacy of these forthcoming discussions via X. He suggested that if the Swiss jurisdiction does not permit democratic board elections, the Foundation should relocate.

“Here’s a question before they will lie about how the current board got appointed. If Switzerland doesn’t allow you to democratically elect the board members, then why can’t you move the Foundation to a new jurisdiction that will? The assets can be granted to another body. Ask them about what happened to Tam, Nico, and Manmeet. Ask them about the ESA administrator and what happened,” Hoskinson wrote.

Community members, including Cardano ambassador YUTA-Cardano, pushed back on Hoskinson’s stance. While acknowledging potential shortcomings, YUTA-Cardano emphasized that Swiss bylaws and supervisory bodies can hold the Foundation accountable. He argued that Hoskinson’s proposal for a member-based organization might encounter practical issues, such as devising fair elections and implementing Sybil protection measures. “It comes down to trust,” the ambassador noted.

In response, Hoskinson reiterated that the “foundation shouldn’t be in Switzerland,” underscoring that his primary concern is about long-term community oversight. He contended that, as it stands, the current council—appointed under the Swiss model—is not elected by the ADA-holding community.

“The foundation shouldn’t be in Switzerland. There are many jurisdictions that allow for different DLT foundations like Abu Dhabi or Wyoming. The community could design with the CF a new structure, and the CF could grant the funds to this structure. The alternative is having people appointed by the Swiss government forever choose their successors and never have any community input in the use of funds, leadership, or oversight.”

A separate community member challenged Hoskinson’s claim that the council’s structure implies government intervention. “Nobody in CF is appointed by the Swiss government,” the user wrote. Hoskinson countered by asking, “So, who appointed the current council?” though he provided no further clarification on the selection process or the Swiss authorities’ role.

Pressed to offer a constructive path forward, Hoskinson defended his approach, insisting that “some fights you need to have.” He stressed the gravity of the situation—citing the hundreds of millions of dollars at stake—and the importance of public confrontation: “The CF has publicly stated that these funds will forever be under the control of a council not appointed by the community.”

He concluded, “This outcome was never my intent as a founder of Cardano, and we’ve gotten to a critical juncture. It’s important that the community explicitly knows this reality and the onchain government by armed with facts. I’ve spent 3 years dealing with it privately between IOG and the CF. Their conduct at the constitutional convention and the voting in Catalyst were the last straw. There is no other means to affect change than a public fight.”

At press time, ADA traded at $1.0324.

Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.

Crypto investors might have a lot of options next year when it comes to publicly traded crypto securities, one of which would be a combination of Bitcoin and Ethereum.

A Wave Of Crypto ETFs

Two Bloomberg analysts anticipate that exchange-traded funds – XRP and Solana in particular- will soon flood the cryptocurrency space as they foresee that the SEC will approve several of these investment instruments next year.

“We expect a wave of cryptocurrency ETFs next year, albeit not all at once,” Eric Balchunas, one of the Bloomberg analysts, said in a post.

An atmosphere of optimism continues to encapsulate the crypto market as the incoming administration of US President-elect Donal Trump indicates that current SEC Chair Gary Gensler will be stepping down from his office.

We expect a wave of cryptocurrency ETFs next year, albeit not all at once. First out is likely the btc + eth combo ETFs, then prob Litecoin (bc its fork of btc = commodity), then HBAR (bc not labeled security) and then XRP/Solana (which have been labeled securities in pending… pic.twitter.com/29vMdciZxE

— Eric Balchunas (@EricBalchunas) December 17, 2024

Gensler has been perceived as an anti-crypto state official who implemented stringent regulations on the cryptocurrency space that hinder the growth of digital assets in the US.

Many crypto traders are running high on optimism that Trump will appoint a new SEC head that will be more open to crypto exchange-traded funds.

Bitcoin-Ethereum ETF To Get The Go

Balchunas and fellow Bloomberg analyst James Seyffart believe that an exchange-traded fund that put together Bitcoin and Ethereum would be the first crypto-based traded securities to get the green light from the SEC.

“Dual bitcoin and ethereum ETFs from Hashdex, Franklin [Templeton] and Bitwise will likely be the next spot crypto ETFs approved,” Seyffart said in a post.

Asset managers from Bitwise, Hashdex, and Franklin Templeton are anticipating the launch of this exchange-traded fund that combines the two cryptocurrencies with the largest market capitalization. Hence, these asset managers have already expressed their interest in issuing the traded securities.

Earlier this year, the SEC approved an ETF for Bitcoin in January and another for Ethereum in July. Meanwhile, the new exchange-traded fund would be the first time the two largest cryptos would be merged into one traded securities.

Expect Delay For XRP-Solana

Some crypto analysts claimed that an ETF combining XRP and Solana might have to wait a little longer, expecting that the current SEC administration would not permit the traded securities since these digital assets have been involved in legal battles wherein XRP and Solana have been classified as securities.

Eleanor Terrett, a business journalist, remarked that two of the five applications for exchange-traded funds for Solana have been denied by the current SEC leadership this month.

Meanwhile, Balchunas and Seyffart are still optimistic that the joint XRP and Solana traded securities will get the go-signal from the new SEC administration.

“Both Solana and XRP ETFs will have to wait until the new SEC administration takes control before being seriously considered,” Seyfart noted.

Featured image from Reuters, chart from TradingView

Crypto analyst Lebicahlz has predicted that the Dogecoin price is set to witness a major explosion, which would send it to new all-time highs (ATHs). The analyst also provided price targets that Dogecoin could reach as it rallies to new highs. 

Dogecoin Price Set To Reach New ATHs

In a TradingView post, Lebicahlz said he believes the Dogecoin price is ready to blast off into new record highs. The analyst warned that the growth may not be as much as previous bull runs. However, he added that Dogecoin does look like a very good coin for 2025, as it has more room to run to the upside. 

The analyst’s accompanying chart showed that Dogecoin could rally to as high as $20 by next year. Such a parabolic rally would represent a price gain of around 4.900% from its current level. Based on the chart, this price surge could happen sometime between early January 2025 and July. 

Crypto analyst Javon Marks also recently echoed a similar bullish sentiment for the Dogecoin price, stating that historical data shows that the Dogecoin price will experience a surge of over 75% to reach a new ATH. Marks predicted that the foremost meme coin could rally above $3 and reach $15 on a “high end.”

Crypto analysts like Trader Tardigrade have also previously predicted that the Dogecoin price could reach double digits in this market cycle. Trader Tardigrade predicted that Dogecoin could reach as high as $30 if it mirrors the 2021 bull run. In line with this, the analyst advised that investors should start looking to secure profits when Dogecoin hits $10 and possibly continue to do so as the meme coin rallies to $30. 

DOGE Investors Are Growing Impatient

In an X post, crypto analyst Ali Martinez revealed that DOGE investors might be growing impatient with the Dogecoin price action. This came as the analyst revealed that the market sentiment for Dogecoin has turned negative. Based on this, the analyst remarked that traders are getting impatient during this ongoing price consolidation. 

The Dogecoin price has continued to consolidate around the $0.4 range for about a month now since its parabolic rally between October and November. However, crypto analyst Kevin Capital provided some optimism for those who might be bearish at the moment. 

He stated that a dovish Fed outlook for 2025 and the Bank of Japan’s decision not to hike rates could nullify any bearish indicator. In line with this, the analyst remarked that now is not the time to overanalyze charts but instead to focus on macroeconomic factors. 

At the time of writing, the Dogecoin price is trading at around $0.38, down over 4% in the last 24 hours, according to data from CoinMarketCap. 

In his latest video analysis on YouTube, Adam Cochran, partner at Cinneamhain Ventures (CEHV), an activist venture capital firm, described Ripple’s newly launched stablecoin, RLUSD, as a “Trojan Horse” poised to transform both decentralized finance (DeFi) and traditional banking sectors.

Why Ripple’s RLUSD Is A ‘Trojan Horse’

Cochran emphasized the strategic significance of RLUSD, stating, “Ripple quietly dropped a bombshell and no one’s really talking about it but it could dramatically revolutionize the position of Ripple in the marketplace.” He elaborated that while the crypto community remains focused on XRP’s price movements and its upcoming programmability upgrades, RLUSD represents a fundamental shift in XRP Ledger (XRPL) ecosystem.

RLUSD differentiates itself from other stablecoins by adhering to stringent regulatory standards. Cochran highlighted, “RLUSD isn’t just another USDC clone; this is more into the original Paxos stablecoin that’s NYDFS regulated, custodian issued, backed by secure cash assets.”

The stablecoin is exclusively backed by real US cash equivalents held in US banks registered with regulators and subject to regular audits. This regulatory compliance ensures that RLUSD meets stringent monetary transfer licenses, including a Virtual Asset Service Provider (VASP) license, positioning it for use by EU exchanges and banks.

Unlike other stablecoins such as Tether (USDT), RLUSD is set to be issued on both the XRP Ledger and the Ethereum blockchain. Cochran pointed out, “Ripple is making sure they themselves capture it and can provide more value into the ecosystem.”

Cochran posits that RLUSD is integral to unlocking the vast multi-trillion dollar Forex markets on the blockchain without necessitating advanced technological upgrades. “This stablecoin is going to unlock the ability for real-world asset (RWA) issuers, Forex issuers, currency issuers, and other programs to be able to price on a native AMM their assets in the US dollar,” he remarked.

The introduction of RLUSD is expected to facilitate the pricing of assets in US dollars directly on the XRPL’s Automated Market Maker (AMM), thereby attracting institutional trading and Forex settlement activities. Cochran elaborated: “Ripple can begin to benefit from the yield that comes in and put that back into the XRP ecosystem.” He suggests that the stablecoin could enhance liquidity on-chain, which is currently confined to opaque exchange balances:

“Sophisticated participants don’t want to have an AMM that trades against Ripple as the underlying currency. They want to be able to price their assets in the US dollar and until the launch of RLUSD that was something that wasn’t possible. This stablecoin is going to unlock the ability for RWA assets, Forex issuers, currency issuers and other programs […] to allow Ripple to bring a lot of their overall liquidity on-chain.”

Ripple has long targeted institutional clients, including banks, financial institutions, and Forex traders. Cochran emphasized the importance of regulatory compliance, stating, “If Ripple can get their MA compliance approved and be offered in the EU and bring this stablecoin to diverse markets, they have a great opportunity to get these providers to integrate Ripple’s Network by offering them on-chain yield and sharing of that yield.”

Moreover, the company’s strategic focus on programmability through upcoming features like Hooks and an Ethereum Virtual Machine (EVM) sidechain is expected to further enhance RLUSD’s utility. “Ripple still really needs hooks and their EVM sidechain to perform well, get the programmability in place to be able to offer more sophisticated DeFi products,” Cochran stated.

The global stablecoin market, currently dominated by Tether (USDT) and USD Coin (USDC), presents a significant opportunity for RLUSD, especially within the EU where regulatory frameworks are stringent. Cochran estimated, “If Ripple was to issue the same amount of stablecoins as Tether does nowadays, they’d be looking at something like $5 billion a year potentially in yield gains.”

Cochran further pointed out the competitive edge RLUSD could provide Ripple, stating, “These are the type of asset issuers that care about RWA issuance, Forex settlement and interchange […] something that no one else in the DeFi space has the expertise or the interested parties or the tooling to be able to provide.”

Cochran concluded his analysis by affirming Ripple’s strategic trajectory, “Ripple has a great potential path in front of it if it continues to execute on delivering the vision in the way that it wants to.”

At press time, XRP traded at $2.51.

While the Dogecoin price struggles to reach the $10 mark this cycle, savvy investors are turning to WallitIQ (WLTQ), a game-changing asset poised for massive growth. A Bloomberg analyst has recently bought $200,000 worth of WLTQ tokens, betting on an incredible 34,000% gain in just 13 days, making WallitIQ (WLTQ) a must-have for anyone looking to capitalize on explosive returns.

Why WallitIQ (WLTQ) Is The Hottest Crypto, With 34,000% ROI In 13 Days

WallitIQ (WLTQ) is rapidly gaining attention as one of the most exciting tokens in the cryptocurrency market, with an extraordinary potential for 34,000% returns in just 13 days. 

Investors are buzzing, especially after a Bloomberg analyst’s bullish stance on the token’s future by investing $200,000 in its current resale price. 

According to the Bloomberg analyst, WallitIQ’s (WLTQ) groundbreaking platform and attractive presale entry point make it a must-have for those looking to capitalize on massive returns in 13 days. 

While many experts have a gloomy outlook for the Dogecoin price this cycle, WallitIQ (WLTQ) is positioning itself as a game-changer. With its cutting-edge AI-powered decentralized platform, the Bloomberg analyst believes WallitIQ (WLTQ) will redefine digital finance. 

The Bloomberg analyst is particularly bullish on the utility of WallitIQ (WLTQ), which promises unparalleled security and efficiency. This makes it a highly attractive investment for both retail and institutional investors, with the potential for huge gains in just 13 days. 

The current presale price of WallitIQ (WLTQ) stands at $0.0243, but experts predict a surge to $20, offering investors an unprecedented 34,000% return in 13 days. The Bloomberg analyst believes this massive growth potential is what sets WallitIQ (WLTQ) apart as a prime investment opportunity in the crypto space. 

WallitIQ (WLTQ) also boasts advanced AI-powered security infrastructure, including real-time fraud detection and transaction monitoring. This guarantees that investor assets are protected, boosting confidence in WallitIQ’s (WLTQ) long-term viability. 

The Bloomberg analyst, who has already invested $200,000 in the presale, sees WallitIQ (WLTQ) as a platform capable of delivering impressive returns in 13 days. 

In addition to robust security features, WallitIQ (WLTQ) also integrates biometric authentication tools such as facial recognition and motion detection, guaranteeing top-tier protection for users. 

Moreover, with a successful smart contract audit by SolidProof, WallitIQ (WLTQ) is a safe and compelling investment for those looking to enjoy substantial gains in just 13 days. 

Bloomberg Analyst Dismisses $10 Dogecoin Price This Cycle

The Dogecoin price has always sparked significant discussion in the crypto community. Recently, a Bloomberg analyst weighed in, suggesting that the much-hyped $10 Dogecoin price is highly unlikely during this market cycle. 

Despite Dogecoin’s (DOGE) history of volatile surges, the Bloomberg analyst firmly stated that such a meteoric rise in the Dogecoin price from $0.395 seems improbable in the near future.

While Dogecoin (DOGE) enthusiasts continue to hold out hope for massive gains, the analyst’s prediction highlights the challenges of achieving that elusive $10 mark. The Bloomberg analyst has emphasized that even with growing popularity, the Dogecoin price would face tough resistance. 

For smart investors, the message is clear; while Dogecoin price might see gains, a $10 valuation isn’t in the cards this cycle, making WallitIQ (WLTQ) the best investment option set to deliver 34,000% gains in 13 days.

WallitIQ (WLTQ) Presale: Don’t Miss Out On 34,000% Returns In 13 Days

While the Dogecoin price struggles to hit the $10 mark, WallitIQ (WLTQ) is quietly capturing the attention of investors with its astonishing 34,000% gain potential in just 13 days. High-profile investors, including a Bloomberg analyst, are flocking to WallitIQ’s (WLTQ) presale, recognizing it as one of the most exciting opportunities in the crypto space. 

WallitIQ (WLTQ) is set to revolutionize crypto investments with its AI-powered platform, featuring cutting-edge tools like AI-enhanced portfolio management, a multimodal chatbot, and QR-based Scan & Pay for smooth DeFi transactions. 

Currently priced at only $0.0243, WallitIQ (WLTQ) is drawing both retail and institutional investors eager to secure gains before the presale sells out. With its innovative tech and the potential for explosive returns, the Bloomberg analyst believes WallitIQ (WLTQ) is the smartest investment for anyone looking to capitalize on remarkable gains in just 13 days.

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

 

It is no secret that mental health is a big topic these days. Breaking through centuries of stigma, we now discuss mental health issues quite openly and even seek ways to better our own lives. But even with all of this awareness, there is still a need to both encourage mental health discussions and fun resources that promote well-being. 

Mental Health America, a top organization for mental health support, is launching a new initiative to drive conversation and raise funds. Its ally in this new venture is none other than Apu Apustaja, a frog-themed meme coin.

An Unlikely Pair

When most of us think of pro-mental health initiatives, Apu Apustaja would not be an obvious choice. After all, what would a meme coin have to do with mental health? The truth is that the Apu Apustaja community is an example of overcoming adversity and spreading positivity. In an earlier time, the project faced one of the worst things that can happen to a crypto venture- an early developer did a rug pull and left the community distraught. Rather than roll over and give up, it decided to rebuild even stronger.

Not only is it pursuing more use in the financial world but it has teamed up with other projects. The latest is with Mental Health America in a bid to promote its goals long-term. On Twitter/X, MHA confirmed the news by tweeting, “We are pleased to announce a partnership with @ApusCoin! The generous contribution from $APU will support our mental health initiative, and we look forward to future collaborations over the coming year.”

While more details will be announced in time, the two will be hosting livestreams to raise funds for the charity and awareness about mental health issues. Apu Apustaja has even confirmed that it will add a crypto donation widget on its site at https://go.apu.com/mha to raise funds for this purpose. 

And given its history of successful collaborations with others, the future looks bright. Previously,  Apu Apustaja teamed up with boxer Conor Mcgregor, Prima Pramac Moto GP,  Udinese Serie A Football Team, and Matchroom Boxing, and this is the latest in a long list.

Mental Health America, on its part, is mostly foreign to the crypto market. Its focus has always been advocacy, raising awareness, and working to pass laws for the betterment of mental health.

As per its website, the organization want to intentionally go beyond limits to reach its goals. 

“We intend to think beyond short-term constraints, misaligned incentives, and policy-making cycles—and ask ourselves how we would design a person-centered system with a focus on all aspects of health and healing,” it says.

With this in mind, its partnership with Apu Apustaja makes more sense. After all, the crypto space is predominantly made up of young people, many of whom will need mental health support the most. Plus, the financial success of the industry and its passionate community means that many will likely donate to this cause.

Crypto Charity 

We’ve all come to expect some sort of corporate social responsibility from mainstream businesses but crypto projects are starting to get the same treatment. As evidenced by this deal between Mental Health America and Apu Apustaja, crypto projects are capable of doing public good and consumers can help to support these efforts.

If these fundraising activities are successful, both Apu Apustaja and other cryptos might be tapped to help raise money and awareness for good causes. In turn, this will help in boosting their public profile and generating public goodwill. 

Get Involved With APU

Twitter/X: https://x.com/apuscoinTelegram: https://t.me/apuclubWebsite: https://APU.com

XRP is at a critical juncture as it navigates key resistance levels, while Shiba Inu (SHIB) struggles to regain momentum amid market uncertainty. In contrast, Lightchain AI (LCAI) emerges as a promising contender, capturing investor attention with its innovative approach to decentralized AI and blockchain integration.

Lightchain AI introduces Proof of Intelligence (PoI), a revolutionary consensus mechanism, and the Artificial Intelligence Virtual Machine (AIVM) for real-world AI computations. With the Lightchain AI Presale offering LCAI tokens at an attractive price of $0.003, experts anticipate a strong bounce for the project, positioning it as a leading solution for AI-driven, decentralized applications in the evolving blockchain landscape.

XRP’s Crucial Crossroads- Navigating Key Support and Resistance Levels

XRP is currently trading at $2.61, navigating a critical juncture defined by key support and resistance levels. The primary support zone lies between $1.79 and $1.96; maintaining above this range is crucial for sustaining bullish momentum.

On the upside, immediate resistance is encountered at $2.45, with a significant barrier at $2.50. A decisive move beyond these resistance levels could pave the way for a rally toward higher targets, potentially reaching the $5 to $10 range, contingent upon broader market dynamics and investor sentiment. Traders are advised to monitor these critical levels closely, as they will likely dictate XRP’s short-term price trajectory.

Shiba Inu’s Decline- Challenges Amidst Market Volatility

Shiba Inu (SHIB) has recently experienced a notable decline, with its price dropping approximately 17% over the past week. This downturn mirrors the broader cryptocurrency market’s volatility, where investor sentiment and macroeconomic factors play significant roles. Despite the price drop, on-chain data indicates that 60% of SHIB holders remain in profit, suggesting a degree of resilience among investors.

However, challenges persist, including high volatility, market saturation with more utility-driven projects, and regulatory uncertainties. To navigate these challenges, Shiba Inu has been expanding its ecosystem, notably through the development of Shibarium, a Layer 2 solution aimed at enhancing transaction speed and scalability.

The project’s future performance will depend on its ability to adapt to market dynamics, regulatory developments, and its success in delivering technological innovations that provide real-world utility.

How Lightchain AI (LCAI) Bounce Back with Presale Momentum

Lightchain AI (LCAI) is leveraging its successful presale to regain momentum in the competitive crypto market. The project has raised over $2.2 million, reflecting strong investor confidence in its vision to integrate artificial intelligence with blockchain technology.

Following the presale, Lightchain AI has introduced a staking feature, offering annual percentage rates (APRs) ranging from 2% for a 3-month commitment to 70% for a 3-year term. This initiative aims to incentivize long-term participation and enhance network security.

The platform’s core innovations include the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM). PoI rewards nodes for performing AI computations, promoting energy efficiency and scalability, while AIVM enables real-time AI processing within a decentralized framework.

By combining these technologies, Lightchain AI addresses challenges such as scalability, privacy, and transparency in AI and blockchain integration. The successful presale and subsequent developments position LCAI to capitalize on the growing demand for decentralized AI solutions, potentially leading to significant growth and adoption in the near future.

Why Lightchain AI’s $0.003 Price Is the Ultimate Entry Point

Lightchain AI (LCAI), priced at just $0.003, presents a golden entry point for investors seeking significant upside potential. This low entry price reflects the project’s early-stage positioning, offering substantial room for growth as it scales. Unlike speculative meme coins, LCAI focuses on real-world use cases, combining artificial intelligence (AI) with blockchain technology.

With innovations like the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), Lightchain AI addresses scalability, decentralization, and energy efficiency in AI computations. Its ongoing presale has already raised over $2.2 million, signaling strong investor confidence and adoption momentum.

At $0.003, LCAI allows investors to enter early in a project that aligns with the rapidly growing demand for decentralized AI solutions, making it a standout opportunity for long-term gains.

Get Lightchain AI (LCAI) tokens at $0.003 before it’s too late!

https://lightchain.ai

https://lightchain.ai/lightchain-whitepaper.pdf

https://x.com/LightchainAI

https://t.me/LightchainProtocol

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Bitcoin’s upside momentum is holding firm, reaching a new all-time high and showcasing potential for more price growth towards critical resistance levels. While the recent move has triggered a wave of optimism about its future performance, pessimism still lingers among many individuals.

Skeptics Remains Unchanged By Bitcoin’s Upward Strength

Seasoned macro researcher and author at the on-chain platform CryptoQuant Axel Adler Jr. has shed light on investors’ upholding sentiments on Bitcoin’s foundation. The expert shared his perspective in a recent post on the X (formerly Twitter) platform, capturing investors’ attention.

This insightful prognosis comes amid Bitcoin’s surge to a new all-time high, marking another significant milestone in its trajectory. BTC might be displaying substantial price growth, but Axel Adler underlined that certain investors’ moods may never change.

According to the macro researcher, critics and skeptics remain present in spite of record-breaking price levels. Specifically, this indicates constant skepticism regarding the rally’s sustainability and raises questions about whether Bitcoin’s growth is truly based on sound foundations.

When Bitcoin was worth about $41,000 a year ago, Adler noted that many people were skeptical. Even now that the flagship asset has risen to the $106,000 level, people are still pessimistic about its sustainability.

Considering the persistent skepticism despite significant growth, it appears this could be a never-ending cycle for Bitcoin. This is because the bulls and bears, doubters, and die-hard believers will always exist.

Furthermore, there will always be 1% of those who purchase the crypto asset at the lowest price and sell at the highest value. Lastly, there will always be those who buy Bitcoin near the peak of the market only to sell at a loss or wait three years. “That’s just how Bitcoin works, and it seems unlikely to ever change,” Adler added.

New BTC Investors’ Demand Draws Closer To Past Cycle Peaks

Even though skepticism lingers, market sentiment has proven to be more optimistic lately, as evidenced by a rise in demand from new BTC investors. Adler reported that the demand from new investors is currently 4% higher than in March this year when BTC hit the $70,000 mark.

Drawing attention to the past two cycles, Adler highlighted that demand peaked at 205% and 133%, respectively. Meanwhile, the metric in this current cycle is situated at 70%, with anticipation of surpassing the last cycle.

The rise in demand from new investors signals a fresh wave of robust confidence and interest in BTC‘s short-term and long-term capability as it sustains its bullish momentum. In the event that the trend continues, it could serve as a key springboard for future price movements on the upside.

At the time of writing, Bitcoin was trading at $104,137, demonstrating a nearly 3% decline in the last 24 hours. However, in the past week and month, the crypto asset has risen by about 6% and 13% respectively.