AI Cryptocurrency Market Sees 28% Decline Since December Peak
The market for artificial intelligence (AI) cryptocurrencies has seen a sharp decline, shedding nearly one-third of its value since December. Despite this downturn, analysts remain optimistic about a potential recovery during the anticipated 2025 altcoin season. Market Capitalisation Drops to $50.5 Billion As of 7:15 a.m. UTC, the cumulative market
Bitcoin Risks $80,000 Dip Amid Potential ‘Head and Shoulders’ Pattern, Warns Analyst
Bitcoin (BTC) could face a significant correction to $80,000, according to renowned market technician Aksel Kibar. The prediction comes as the cryptocurrency struggles to regain momentum after failing to sustain the $100,000 support level last week. Potential Uptrend Reversal Pattern Kibar highlighted the emergence of a potential head-and-shoulders (H&S) pattern
Bitcoin Surges Beyond $97K Despite $14B Options Expiry, Eyes $110K in January
Bitcoin remains resilient as the year ends, defying a major options expiry event that could have triggered a significant market correction. Bitcoin (BTC) showcased impressive resilience following the year’s final options expiry on 27 December, avoiding a feared price drop below $85,000. Over $14.2 billion worth of Bitcoin options expired
The Crypto Compass: A Beginner’s Guide to Digital Currency
Cryptocurrency, a buzzword in today’s digital era, has redefined how we perceive money, investments, and financial systems. For beginners, the world of crypto might seem like an intricate puzzle, but once the basics are understood, the picture becomes much clearer. Here’s a concise guide to help you navigate the world
Cluster Protocol Secures Funding to Revolutionize Decentralized AI Development
Dubai, 21 December 2024 – Cluster Protocol, a trailblazer in the decentralized artificial intelligence (AI) ecosystem, has successfully closed its seed and strategic investment funding round. This milestone marks a significant leap toward making AI more open, accessible, and collaborative for users worldwide. The funding round was led by Pivot
Mastering the Crypto World: A Beginner’s Guide to Smart Cryptocurrency Investments
Cryptocurrency has taken the financial world by storm, transforming how we view money and investments. At its core, cryptocurrencies like Bitcoin, Ethereum, and Solana are digital assets that operate on blockchain technology—offering decentralized, transparent, and secure transactions. Unlike traditional currencies, these assets are not regulated by governments or central banks,
XRP Price Surges Amid Ripple’s Donation to Trump’s Inaugural Committee
Potential for Short-Term Gains, But Bearish Reversal Hints at Correction Ahead XRP’s price has seen a sharp increase today, rallying by over 20% in the last 24 hours to reach $2.36 on 21 December. The surge follows reports of Ripple’s planned $5 million donation in XRP to US President-elect Donald
Google to Require FCA Registration for Crypto Ads in the UK
Starting January 15, 2025, Google will enforce stricter regulations for crypto-related advertisements in the United Kingdom. The tech giant has announced that advertisers promoting digital asset exchanges or software wallets must register with the Financial Conduct Authority (FCA) to run ads targeting UK audiences. This policy update also includes hardware
BPCE’s Hexarq Gains AMF Approval for Crypto Operations
France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), has authorised cryptocurrency operations for Hexarq, a subsidiary of the French banking group BPCE. This makes Hexarq the second banking crypto outfit to secure AMF approval, following Société Générale’s Forge. Hexarq, launched in January 2021, is a digital asset service
Bitcoin Dips to $92K in ‘Optimal Dip-Buying’ Move Amid PCE Relief
BTC price tests December lows as traders identify historical patterns, with macro conditions providing mixed signals. Bitcoin Slides to $92,000 Before Partial Recovery Bitcoin (BTC) experienced significant price turbulence on Dec. 20, plunging to $92,000 on Bitstamp before recovering past $96,000. Despite being down 1.5% on the day, the cryptocurrency
