Connect with us

CryptoCurrency

Ethereum ETF issuers expect staking to be greenlit soon: Joe Lubin

Published

on

Ethereum co-founder Joe Lubin says issuers are confident that staked Ether ETFs will be approved under new SEC leadership.

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

CryptoCurrency

VeThor VTHO trading volume jumps 80,000% after Upbit listing

Published

on

A Messari chart showing the price movement of the VTHO token from January 15 to January 22, 2025. The chart illustrates a significant price spike around January 21, coinciding with increased trading volume, reaching a peak of $0.00886.

VeThor token is witnessing a surge of over 80,300% after the token was listed on South Korea’s largest crypto exchange by trading volume, Upbit.  

On Jan. 21, Upbit launched trading support for VeThor Token (VTHO) in both the Korean Won (KRW) and Tether (USDT) markets. As of Jan. 22, VTHO’s trading volume has surged by over 88,000% in the past 24 hours. According to CoinMarketCap, Upbit accounts for more than 66% of VTHO’s trading volume, with over $2.1 billion traded in just 24 hours. 

As of this writing, VTHO is priced at $0.008981, reflecting over 300% increase in its value over the last 24 hours. However, it remains roughly 80% below its all-time high of $0.042, which was reached in August 2018.

VTHO was launched in July 2018 as part of the first phase of the VeChainThor blockchain, following its initial release as an ERC-20 token in 2015. 

Advertisement

VeChainThor uses VTHO to power transactions and smart contract executions on the network. VTHO is generated by holding VeChain Tokens (VET) and is consumed during blockchain operations, ensuring efficiency and scalability within the ecosystem.

A Messari chart showing the price movement of the VTHO token from January 15 to January 22, 2025. The chart illustrates a significant price spike around January 21, coinciding with increased trading volume, reaching a peak of $0.00886.
VTHO price chart (January 15–22, 2025) showing a sharp increase in price and trading volume after January 21, following the token’s listing on Upbit, reaching a high of $0.00886. Source: crypto.news
A chart showing the growth of VTHO token holders from July 2018 to January 2025. The graph highlights a steady increase in holders over the years,
Growth of VTHO token holders from 2018 to 2025, demonstrating significant adoption with over 2.9 million holders by January 2025. Source: crypto.news

The number of unique addresses interacting with the VTHO on the VeChainThor blockchain continued to rise and in early January 2025 crossed the threshold of 2.9 million addresses as of this writing, as per VeChain Stats

How far can VeThor rise this bull run? 

A TradingView chart displaying the MACD (Moving Average Convergence Divergence) analysis for the VTHO token. The chart includes the MACD line (blue), Signal line (orange), and a histogram showing green and red bars representing momentum.
TradingView MACD chart for VTHO showing a bullish crossover and expanding green histogram bars, signaling increasing buying momentum as of January 2025. Source: crypto.news.

The MACD is a technical indicator of bullish or bearish momentum, as well as trend direction. It includes MACD line, signal line, and histogram. The MACD analysis notes the recent crossover into bullish territory, which indicates an increase in bullish pressure. 

As the histogram widens between the MACD and signal lines, bullish momentum continues to grow. This indicates an increased interest in VTHO which could continue driving performance in the near future. While it cannot predict specific prices, it does give insight into market directions.

Should momentum hold and the market remain bullish, the token may retest resistances in the $0.01–$0.015 range. These psychological barriers are common for tokens with prices below $0.01. However, nothing is certain. Do your own due diligence.

Advertisement

Source link

Continue Reading

CryptoCurrency

Solana, Dogecoin Gain 6% Daily as Bitcoin Holds Steady at $105K (Market Watch)

Published

on

SOL Eyes $200 After 5% Daily Surge, BTC Calms at $95K (Weekend Watch)

After the recent enhanced volatility across the entire crypto market, bitcoin’s price has finally calmed and stands still at around $105,000.

Many altcoins have recovered some ground following yesterday’s declines, and the total market cap is close to $3.8 trillion.

BTC Calms at $105K

The primary cryptocurrency jumped past $100,000 at the end of the previous business week and went to a high of $105,000 on Friday. While the weekend was less eventful on the BTC front, despite the two Trump-related meme coins, the asset maintained its level and even surged to $106,000 on Monday morning.

Then came the volatile ride that pushed the asset to under $100,000. In minutes, it had recovered all losses and skyrocketed even further to just over $109,000 to register a new all-time high. All of these movements transpired in the span of just a few hours.

Advertisement

Once Trump’s inauguration began on Monday afternoon, BTC’s price started to tumble again and plunged to $100,000 once again as he failed to mention crypto even once. Nevertheless, the bulls intervened at this point and drove the cryptocurrency to $107,000 yesterday.

It has lost some ground since then and now trades a lot more calmly around $105,000. Its market capitalization has risen to $2.080 trillion on CG, and its dominance over the alts is still above 55%.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Alts in Recovery Mode

Most alternative coins have turned green today after yesterday’s retracements. Solana and Dogecoin have popped up as the top performers, with both gaining around 6%. As a result, SOL has risen to over $250, while DOGE, which exploded yesterday at one point, is now above $0.36.

ETH, XRP, BNB, and ADA have posted minor gains, while TRX, LINK, and AVAX have added around 3-4% of value.

Other notable price gainers since yesterday include HYPE and CRO, as the exchange behind the latter launched in the US.

Advertisement

The total crypto market cap has increased by over $100 billion on a daily scale and is close to $3.8 trillion on CG.

Cryptocurrency Market Overview. Source: Coin360
Cryptocurrency Market Overview. Source: Coin360
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Advertisement

Source link

Continue Reading

CryptoCurrency

Signs Of A Major Breakout Emerge

Published

on

Santiment Dogecoin

Este artículo también está disponible en español.

Dogecoin has emerged as a focal point of conversation, even amid a sudden wave of meme coins linked to Donald Trump’s return to the spotlight. On-chain analysis firm Santiment, which recently shared a sentiment dashboard on X, notes that “the top trending tokens” are all about meme coins following the “historic US inauguration of Donald Trump.”

In their latest post, Santiment emphasizes that “TRUMP is being discussed following its controversial listing on Coinbase, and the risks involved in investing during a volatile market,” while there is also “significant interest in airdrops of ‘TRUMP’ tokens, with a notable event securing $1M worth of tokens.”

MELANIA, another meme coin tied to the Trump brand, has caused a stir by briefly surpassing a $9 billion valuation, although it has endured “substantial fluctuations amid broader market uncertainty.”

Related Reading

Advertisement

Meanwhile, Dogecoin’s surge in social media mentions is attributed by Santiment to the newly established US Department of Government Efficiency (DOGE) led by Elon Musk, as the project uses Dogecoin as its avatar. On January 21, the US Government officially launched the Department of Government efficiency (DOGE) website which has the official Dogecoin logo on it.

“This initiative has sparked discussion as it intertwines cryptocurrency with government operations, generating buzz on social media. Additionally, discussions around the potential for new meme coins linked to public figures like Trump and Musk contribute to the speculation about Dogecoin’s future performance and relevance in the crypto space,” Santiment writes.

Santiment Dogecoin
Dogecoin, TRUMP and MELANIA | Source: X @santimentfeed

Despite the sudden attention on TRUMP and MELANIA, Santiment’s sentiment breakdown underscores mixed feelings for both tokens. Regarding TRUMP, the post states: “The word ‘trump’ is trending due to discussions about the Trump Coin. Its price fluctuations, and the speculative nature of meme coins, users are debating the risks of investing in Trump Coin.”

Santiment’s “positive” analysis points to “political influence and executive actions” as reasons for optimism, highlighting that “the anticipation of a crypto executive order from Trump has generated excitement among investors.”

Related Reading: Will Dogecoin Skyrocket Soon? Chart Pattern Suggests Yes

Advertisement

MELANIA’s sentiment likewise splits along bullish and bearish lines, with the negative view referencing a more than 70% drop from its initial peak price, and the bullish narrative noting “celebrity endorsement” from Donald and Melania Trump as a potential driver of renewed interest.

Technical Analysis: DOGE Confirms Breakout

At press time, Dogecoin (DOGE) was trading at around $0.367 after rebounding from a descending trendline dating back to early December. The breakout above the diagonal resistance occurred earlier this week, followed by a successful retest of the trendline yesterday, confirming it as new support.

Following the retest, DOGE is now contending with the 0.5 Fibonacci retracement level at $0.3943, which marks the next major overhead barrier. A clear break of this resistance could open the door to the higher 0.618 Fib level at $0.4759 and the 0.786 Fib at $0.5920.

On the downside, if DOGE fails to break the 0.5 Fib, the 0.382 Fib at $0.3129 may act as the most reliable support. Meanwhile, the Relative Strength Index (RSI) at around 51 remains neutral, reflecting balanced momentum and leaving room for a potential continuation to either side.

Advertisement
Dogecoin price
DOGE price, 1-day chart | Source: DOGEUSDT on Tradingview.com

Featured image created with DALL.E, chart from TradingView.com

Source link

Continue Reading

CryptoCurrency

Jupiter Decentralized Exchange to Issue $612M JUP Tokens in Wednesday Airdrop

Published

on

Jupiter Passed $860M Airdrop Vote (Kamran Abdullayev/Unsplash)

Jupiter, a Solana-based decentralized exchange, will airdrop 700 million JUP tokens to its community on Wednesday in what it is calling the “largest airdrop in history.”

The airdrop is a part of the project’s annual “Jupuary” event, which was voted into existence alongside another event in 2026 in a governance vote in December. It is scheduled to start at 15:30 UTC.

Initial concerns were raised about the sustainability of supply increase, prompting the proposal to be amended to include a token audit and burn schedule over the next month.

Advertisement

At the time of writing JUP is trading at $0.87 after sliding by 2% over the past 24 hours. The total value of the airdrop is set to be $612 million.

Source link

Advertisement
Continue Reading

CryptoCurrency

Watch these Bitcoin price levels next with 'door open' to $100K retest

Published

on

Bitcoin bulls have their work cut out on both short and long timeframes, BTC price analysis shows.

Source link

Continue Reading

CryptoCurrency

Trump Plans $500 Billion Investment in AI Initiative Stargate

Published

on

Trump AI investment Stargate initiative concept

Stargate is expected to involve major players, including OpenAI, Softbank, and Oracle. It remains unclear how much funding will come from the federal government versus private sector contributions.

According to CBS, the Trump administration might allocate $100 billion to the project in its first year. The total investment could reach $500 billion if approved by regulatory authorities. The initiative signals a potential shift in priorities, as some had speculated Trump might downplay AI and crypto sectors early in his term.

Stargate’s focus contrasts with Trump’s recent push for D.O.G.E. as a cost-cutting tool. Critics question whether such a significant AI investment aligns with Trump’s fiscal goals. Despite skepticism, the announcement has stirred excitement in tech circles.

AI-focused companies like OpenAI, valued at $150 billion, might struggle to match such large investments on their own. Still, industry watchers view Stargate as a positive move for AI innovation.

Advertisement

If the deal proceeds, it could reshape the AI and crypto markets. Early reactions show a shift in investor interest from meme coins to AI-driven projects, highlighting the potential impact of this initiative.

Source link

Continue Reading

CryptoCurrency

Altcoins that are not SOL and XRP for major gains over the next few months

Published

on

3 altcoins traders are heavily accumulating

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Solana and Ripple face stagnation, investors are turning to rising altcoins like Lightchain AI and Pepe Coin, which are showing immense growth potential.

Advertisement

With Solana (SOL) and Ripple (XRP) dominating headlines, savvy investors are exploring other high-potential altcoins to maximize returns.

Among the rising stars, Lightchain AI and Pepe Coin stand out as lucrative investments capable of delivering impressive growth. Here’s why these two altcoins could create huge gains in just a few months.

Pepe meme magic backed by market momentum

Pepe Coin (PEPE) has become a well-known joke money, drawing a big market focus. As of January 20, 2025, PEPE is selling for about $0.000017 USD with a daily trade amount of $1.35 billion USD. The coin has seen a 5.42% drop in the last day, and it now has a market value of $7.34 billion bucks, putting it at the 25th spot in crypto.

New whale ͏moves show big money going into PEPE, with large buys reaching millions. This rush of cash hints at more trust from big investors in the coin’s chance to grow.

Advertisement

Even with its meme start, Pepe Coin’s growing spot in the market and large trade amounts show a wider pattern of meme coins getting more popular in the crypto world. Yet, possible buyers should be careful because of the natural ups and downs and the speculative nature of these types of assets.

Lightchain AI: AI-driven crypto powerhouse

Lightchain AI is redefining the altcoin game, blending cutting-edge artificial intelligence with blockchain technology to create real-world value. Unlike meme coins like Pepe, this is where innovation meets utility. 

From powering smarter decision-making to delivering real-time analytics and safeguarding data privacy, Lightchain AI is built for impact. And the buzz is real; its presale has already raked in $12 million, with tokens priced at just $0.00525. Both retail and institutional investors are taking notice. 

What sets Lightchain AI apart? Its unique tokenomics reward validators and developers for meaningful contributions, bringing in big players and fueling long-term growth. Add to that a scalable architecture and developer-friendly platform, and it’s clear why this altcoin is poised to leave its competition in the dust by year-end. 

Advertisement

LCAI gains traction  

Lightchain AI presale is LIVE and moving faster than most other presales. Stage 12 is just a heartbeat away from a price bump. Here’s how easy it is to claim LCAI tokens.

  1. Head over to the official Lightchain AI website.
  2. Connect user wallet.
  3. Swap the desired amount for LCAI tokens. 
  4. Users are officially on board.

To learn more about Lightchain AI, visit their websitewhitepaperX, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Advertisement

Source link

Advertisement
Continue Reading

CryptoCurrency

Trump Downplays Meme Coin Profits in First Statement After Launch

Published

on

Is Official Trump (TRUMP) a Boon or Bane for Crypto Markets?

The U.S. President has finally addressed the explosive success of his Official Trump (TRUMP) meme coin, admitting that he wasn’t involved much in the project beyond launching it.

The Solana-based token, touted as the fastest-growing meme coin in history, initially skyrocketed to a $15 billion market cap over the weekend before dropping to around $8 billion following the release of a competing coin by First Lady Melania Trump.

“I Don’t Know Much About It”

At a press briefing on Tuesday to announce a $500 billion joint venture between OpenAI, Oracle, and SoftBank, the President was asked by a reporter if he intended to continue selling products that benefited him in reference to the TRUMP token.

In response, the head of state said he didn’t know if he’d benefited, admitting that he had no knowledge about the status of the coin. “I don’t know if it benefited [me]. I don’t know where it is,” he said.

Advertisement

He further dismissed any suggestion that he had a deep understanding of the project. “I don’t know much about it other than I launched it,” he stated. “I heard it was very successful. I haven’t checked.”

Trump then inquired about the current value of the meme coin, with a reporter telling him he’d made a lot of money. “How much?” the President asked. “Several billion dollars,” the journalist replied, to which Trump responded, “That’s peanuts to these guys,” referring to people who were at the briefing with him, including Masayoshi Son of SoftBank, OpenAI’s Sam Altman, and the world’s fourth-richest man, Larry Ellison of Oracle.

Divisive Impact on the Crypto Space

The TRUMP meme coin has become a lightning rod for controversy, with critics warning it could undermine the credibility of the crypto market. Yesterday, billionaire investor Mark Cuban dismissed the project, describing it as a gamble that could harm the industry’s legitimacy without proper regulations. Before him, former Coinbase CTO Balaji Srinivasan highlighted the speculative nature of such assets, calling it a “zero-sum lottery.”

There is also a supposition that the ownership of the TRUMP token is dominated by insiders, further fueling concerns about transparency and market manipulation. Some also feel that the President having skin in the meme coin game could hinder bipartisan efforts to advance much-needed crypto legislation.

Advertisement

This view is shared by TD Cowen, with The Block reporting that the financial services firm had warned that possible investigations into TRUMP’s market influence might stall regulatory progress and deepen partisan divides.

At the time of writing, Official Trump was trading at $43.02, having gained 18% in the last 24 hours. The price is still 41% below the coin’s all-time high, but its $8.5 billion market cap places it as the third-largest meme token in the market, behind Dogecoin and Shiba Inu.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Source link

Continue Reading

CryptoCurrency

MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion

Published

on

Will Trump's Inauguration Boost Crypto? Here Are The Top 10 Coins With The Most Potential

On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC)  for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). 

This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency space. Saylor has been at the forefront of this strategy, positioning the enterprise software company as a leveraged Bitcoin proxy.

MicroStrategy Bitcoin Holdings Surge

According to Microstrategy’s filing with the US Securities and Exchange Commission (SEC), the firm acquired the Bitcoin at an average price of about $101,191 per token between January 13 and January 20. 

With this latest purchase, the firm now holds over 2% of all Bitcoin that will ever be mined, representing approximately $47.9 billion in total Bitcoin holdings. MicroStrategy has been funding these acquisitions through a combination of at-the-market stock sales and convertible debt offerings. 

Advertisement

The timing of this latest purchase aligns with a broader shift in the regulatory environment under President Donald Trump, who has transitioned from being a crypto skeptic to a supporter of the industry. 

This change is expected to create a more favorable regulatory framework for cryptocurrencies, prompting Saylor and MicroStrategy to accelerate their capital goals and Bitcoin buying efforts. 

Ahead of Trump’s inauguration, the firm’s co-founder even attended the first ever “Crypto Ball” in Washington on Friday, where he engaged with key figures in the incoming administration.

New Shares To Support BTC Strategy

In a related development, MicroStrategy shareholders voted also on Tuesday to approve a staggering 30-fold increase in the number of authorized Class A common shares, raising it from 330 million to 10.3 billion. 

Advertisement

According to a Bloomberg report, this decision, which passed with around 56% of the vote, is designed to facilitate further financing for the company’s Bitcoin purchases. Additionally, shareholders voted to increase the authorized shares of preferred stock from 5 million to 1 billion.

These amendments will take effect once MicroStrategy files the necessary certificate of amendment with the Delaware Secretary of State. The report notes that with Chairman Saylor holding about 47% of the voting power, the outcome was largely anticipated.

The newly authorized shares will also be utilized for various financial strategies, including private transactions of Class A stock, sales of at-the-market equity offerings, and settling redemptions or conversions of convertible notes. However, the company has indicated that it may choose not to sell all of the additional shares.

Bitcoin

At the time of writing, Bitcoin continues to experience significant price volatility, with its price hinting at a new record high. It is currently trading at $106,400, representing a 2.5% increase in the 24-hour time frame. 

Advertisement

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

Source link

Continue Reading

CryptoCurrency

Ethereum Core Developer Eric Conner Departs for AI Venture Freysa

Published

on

(Duncan Rawlinson/Flickr Creative Commons)

Eric Conner, a prominent core developer at Ethereum, has left the ecosystem community after a nearly 11-year affiliation citing network co-founder Vitalik Buterin’s dismissal of a leadership shake-up proposal.

Conner is a co-author of EIP-1559, the major network change that shifted how transaction fees worked on Ethereum. He isn’t officially employed by Ethereum but has advised, invested, and was among those who led the charge on ecosystem growth since its early days.

Conner is joining AI-focused protocol Fresya.AI, he said in a follow-up X post.

Advertisement

Buterin swatted calls for changing the leadership structure at the Ethereum Foundation, which oversees the development of the second-largest blockchain by market cap.

Buterin said on X that he wants to create a “board” to manage the foundation, but until then he is the leader. Buterin’s comment came amid calls by ecosystem stakeholders for a change in the network’s leadership with founding member Anthony Donofrio opining that the blockchain has lost its way.

The network is also planning to roll-out its Pectra upgrade, which promises speed efficiency and other improvement, in March.

Advertisement

Source link

Continue Reading

Trending

Copyright © 2025 WordupNews