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The cryptocurrency market seems to be recovering from its correction. Bitcoin (BTC) has reclaimed the $99,000 mark. The global crypto market cap has risen 1.2% in the last 24 hours to $3.62 trillion. VeChain (VET) also follows the current market trend. The asset is trading in the green zone in the daily and weekly charts. Also Read: UBS Predicts Gold Prices for 2025 VeChain In The Green Zone Source: Zipmex VET has rallied by 5.8% in the daily charts and weekly charts. The asset has also risen by 56.3% since January 2024. Despite the rally, VET is down 0.7% in the 14-day charts and 15.1% over the previous month. Source: CoinGecko Also Read: Reliance Jio Joins Forces with Polygon – What This Means for Crypto in India VET’s latest rally is likely due to BTC inching closer to the $100,000 price point. The market resurgence could be due to President-elect Donald Trump’s inauguration being just around the corner. Many anticipate a market-wide rally under Trump’s leadership d...

Crypto sleuth ZachXBT has told the US law firm planning legal action against memecoin platform Pump Fun that its clients are “degenerate gamblers” and shouldn’t be seen as victims or investors. The comment was made via X in response to Burwick Law’s announcement on Wednesday that it was pursuing legal action on behalf of Pump Fun investors who have lost big to “memecoins, rugs, and unfulfilled promises.” ZachXBT said, “ degenerate gamblers willingly choosing to gamble on micro-cap meme coins are not actual victims or investors ” Burwick duly responded, claiming that memecoins are open to manipulation and aren’t comparable to regulated gambling. ZachXBT added if “silly lawsuits” arise, “perhaps I need to release a tutorial for people to fund addresses anonymously on-chain to cause chaos and make it harder for them to be sued .” This is a great point. Scratch-offs are regulated gambling, with clearly defined odds and no method for second...

With both the BRICS economic alliance and the US engaged in a standoff, Goldman Sachs has warned that the geopolitical tension could send oil prices skyrocketing. Indeed, the presence of sanctions and de-dollarization efforts could erupt into greater economic difficulty on a global scale. US President-elect Donald Trump has not minced words regarding his feelings toward the BRICS bloc. He warned the alliance of incoming tariffs in retaliation for its efforts to abandon the US dollar as the world’s currency. Now, the bloc is facing the ongoing warning as it looks to continue navigating the presence of sanctions. Source: BBC Also Read: BRICS Fail to Challenge US Dollar in 2024: Can They This Year? Goldman Sachs Warns BRICS & US Geopolitical Tensions May Affect Oil Prices The past two years have seen the BRICS economic alliance target increased use of the US dollar. Specifically, they have called on the global south to initiate a continued effort to promote the use of local currencie...

The US presidential elections have been a trending highlight of 2024. Now that Donald Trump is all set to assume his presidential duties on January 20th, the internet cannot help but speculate whether his pro-crypto ambitions will materialize per his promises, followed by the coveted Bitcoin reserve becoming a reality. If a Bitcoin reserve is officially announced, here’s how high Ripple (XRP) may rise, per sophisticated AI mechanisms. Also Read: What Is Anti De-Dollarization: Support For US Dollar Grows In 2025 Will Bitcoin Reserve Become A Reality Soon? Source: Watcher Guru Donald Trump has long been mulling over launching a Bitcoin reserve. The topic has been a key highlight for Trump to ponder on and is capable of revolutionizing the crypto sector in a whole new way. In the meantime, Ripple is also leaving no stone unturned to revamp its work proceedings by launching RLUSD and, at the same time, having high hopes for the new regime that is set to assume duties from January 20th...

The Solana price jumped more than 2% in the last 24 hours to trade at $187.48 as of 9:59 p.m. EST as investors slowly start to buy into the altcoin again. Despite the recent uptick, the SOL price is still down more than 6% on the 7-day time frame. Solana Price Forms A Negative Channel On The Daily Chart Daily chart for SOL/USD (Source: GeckoTerminal) A negative price channel has formed on the daily chart for the Solana price after the altcoin printed a series of lower lows and lower highs over the last couple of weeks. Should the crypto continue to trade within this negative range, it could soon test the immediate support level at $174.93. A break below this point might then lead to a plunge to as low as $158.13. This bearish thesis could be invalidated if the Solana price is able to break above the $194.41 resistance level, which is also confluent with the upper boundary of the bearish price channel. A daily candle close above this mark might then give SOL the room needed to k...

Digital money has been getting much interest in the last few years, and a fresh competitor is swiftly climbing toward success – Lunex Network. This decentralized finance (DeFi) cryptocurrency is outshining some established players like Cardano (ADA) and Toncoin (TON). This is possible thanks to its innovative solutions to a few of the industry’s biggest challenges. A recent report indicates that Lunex Network ranks among the few new crypto projects offering strong potential for skilled traders. It serves well for those aiming for sustained growth in a cryptocurrency with actual value. The platform attracts users through its dedication to straightforward design and smooth operation. Also Read: MicroStrategy (MSTR) Faces Risk: $0 Convertible Bond Sparks Lender Recall Concerns How the New DeFi Cryptocurrency Giant Solves Scalability & Market Volatility Challenges Source: iusauthor.com Lunex Network: The DeFi Powerhouse Source: U.Today Lunex Network has prioritized simplicity an...

The Fartcoin price has surged 40% in the last 24 hours to trade at $1.067 as of 11:13 p.m. EST on a 163% jump in trading volume to $199 million. Fartcoin Price On A Recovery The FARTCOIN price in late December invalidated the bullish rounding bottom pattern and took a hit to drop through a falling channel pattern.  However, the Fartcoin price has recently broken out of the channel, with $0.68 acting as a major support level, according to GeckoTerminal data. FARTCOIN is currently trading at $1.067, above both the 50-day Simple Moving Average (SMA) at $0.965 and the 200-day SMA at $0.952. The SMAs align with a strong support zone, further solidifying the bullish narrative. The Relative Strength Index (RSI) is currently at 62.77, entering bullish territory but still below the overbought zone of 70. This suggests there is room for further upward movement before a potential correction. Meanwhile, the blue Moving Average Convergence Divergence (MACD) is moving above the orange si...

Singapore’s Gambling Regulatory Authority (GRA) restricted domestic access to Polymarket, following France and Taiwan, in a move to stop unlicensed online gambling. Singapore has been the latest jurisdiction to force Internet Service Providers (ISPs) to block access to Polymarket, one of the world’s largest decentralized market prediction platforms. Over the weekend, city-state users experienced difficulties in accessing the betting platform. A user shared a screenshot of Polymarket’s homepage on X with the notice from Singapore’s GRA, warning users that the site is illegal. Anyone who tries to access the site could face a $10,000 fine, six months in jail, or both, according to the warning shared in the post. polymarket在坡正式定义为博彩网站，想下注只能去国营博彩公司哦，否则面临...

A cryptocurrency trading expert has pointed out that an XRP price breakout is already confirmed following the short-term bullish momentum, and investors should anticipate further surges. According to Alan Santana, XRP is showing potential for a higher shift, having broken above a descending trendline after weeks of consolidation following its December 2024 peak, as indicated in his TradingView post on January 12. XRP price analysis chart. Source: TradingView/Alan Santana Santana’s outlook noted that after a sharp bullish rally late last year, inspired by post-election optimism, XRP entered a retracement phase that evolved into a consolidation pattern. This pattern, often considered a 50/50 scenario where price action can break up or down, has now decisively favored the bulls. Picks for you If you put $1,000 in Donald Trump's ...

Bitcoin’s (BTC) current price cycle has the potential to culminate in an all-time high of about $300,000 in the coming months, according to observations by a cryptocurrency trading expert. Gert van Lagen noted that Bitcoin will likely hit the target by March 30, 2025, in a projection guided by the Elliott Wave Theory, a framework used to identify repetitive cycles in financial markets, he said in an X post on January 11. Bitcoin price analysis chart. Source: Subtrack/Gert Van Lagen “Bitcoin’s bull market since 2009 is projected to peak at ~$300K by March 30, 2025,” he said.  Picks for you XRP ‘just days' away from all-time high breakout, according to analyst 4 hours ago 2 cryptocurrencies to reach a $50 billion market ...