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China Faces Gloomy Earnings Season Amid Doubts Over Stimulus

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China’s stimulus blitz came too late and was too small to have a major impact on full-year corporate profits, according to analysts, setting investors up for a disappointing earnings season.

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CryptoCurrency

Expert Bullish On Cardano: Forecasts Explosive Rally To $3 Once This Resistance Is Broken

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Expert Bullish On Cardano: Forecasts Explosive Rally To $3 Once This Resistance Is Broken

Cardano (ADA) has struggled to maintain the bullish momentum it experienced in recent weeks, with its price still trailing approximately 67% below its all-time high of $3.09, reached during the 2021 bull run. 

Despite this significant gap, analysts believe that the potential for a robust price recovery exists in the coming weeks and months ahead of the new year.

Cardano Consolidates Above Key Moving Averages, Poised For Breakout

Trend Rider, a prominent analyst on the social media platform X (formerly Twitter), provided insights on Cardano’s current price action, noting that the price dipped below the parabolic line, indicating a cooling-off period, which occurred just above the $1 mark last week. 

However, he emphasized that the Cardano price is consolidating above its moving averages, suggesting it is preparing for a potential breakout while “shaking out weaker hands.” 

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Trend Rider further anticipates a resumption of bullish momentum soon, forecasting that once the Cardano price breaks through the $1.25 resistance level, it could rapidly surge toward the $3 mark, inching closer to its previous record peak.

Adding to the optimistic outlook, analyst Ali Martinez pointed out that after experiencing a 44% correction, Cardano began its second leg up during the week of February 1, 2021. 

Given that ADA has already undergone a 43% correction recently, the analyst suggests that the next upward movement for ADA could be just two to three weeks away, with a target of $6 in sight.

Analysts Identify Key Support And Price Targets

Another analyst, AV Sebastian, also weighed in, suggesting that the price recent dip may be over, and that the Cardano price is poised to break out of a triangular pattern. He highlighted the last two candles as particularly bullish and expects a significant rally in the coming days.

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In analyzing short-term price actions, several analysts noted that ADA is exhibiting a “very bullish market structure” on the daily timeframe. On the chart is observed a double bottom formation leading to a breakout and a V-shaped recovery along a descending channel. 

It is further believed that a retest of the key support zone at $1.3886 appears inevitable for ADA’s price in the near-term, which would then lead to price uptrend with a main target of $1.7748.

Further support zones have also been identified, with the $0.824 level being crucial to watch early in 2025. Holding this support could unlock significant upside potential, and analysts are eyeing May 2025 as a key timeframe for achieving targets.

Cardano

At the time of writing, ADA was trading at $1.14, up 1.13% for the 24-hour period. 

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

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BTC Hashprice Hits its Highest Level for Over a Month

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Miner Hash Price: (Source: Glassnode)

Hashprice, a metric coined by Luxor that gauges mining profitability, estimates the daily income of miners relative to their estimated contribution to the Bitcoin network’s hash power. In other words, it is the expected value miners can expect from 1 TH/s of hashing power per day.

According to Glassnode, hashprice is hovering above $62 PH/s, around the highest level since mid-December.

What’s driving the increase in hashprice? Well bitcoin (BTC) has surged to well over $100,000, a 56% increase in three months and has given the miners some relief. The network has also seen a slight increase in miner fees of late, roughly 12 BTC per day, the highest amount for over a month, partly driven by the network’s inscription activity.

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Due to the halving in April 2024, where the mining rewards get cut in half, the hashprice had dropped from around $115 PH/s.

As a result of the halving, miners struggled in share price appreciation on average last year; while mining revenue for much of 2024 was below the rolling 365-simple moving average (SMA). Only since November has it reclaimed this moving average, which is a historically bullish signal.

BTC: Miner Revenue vs Yearly Average (Glassnode)

BTC: Miner Revenue vs Yearly Average (Glassnode)

While the hash rate, the computational power in order to mine on a proof-of-work blockchain, recently hit all-time highs, as a result sent the network difficulty to all-time highs, which eats into mining profitability, as it becomes harder for miners to receive rewards.

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European head of research at Bitwise, Andre Dragosch, told CoinDesk exclusively about miners being in a healthier position than last year.

“We have recently seen a decline in network hash rate since the all-time highs in early January. Meanwhile, the price of bitcoin has increased, and the overall transaction count has picked up again. This has led to a recovery in hash price, which should technically incentivize miners to continue ramping up their hash rate”.

Dragosch says, “overall, bitcoin miners appear to be well capitalized judging by the continued increase in bitcoin miner holdings since the beginning of the year which implies that miners are selling less than they are mining on a daily basis”.

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Donald and Melania Trump’s Meme Coins Decline from Peak Highs as Lightchain AI Gathers Momentum

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The crypto market has witnessed a surge in celebrity-driven meme coins, including those tied to Donald and Melania Trump. However, the hype around these coins appears to be fading as investors turn their attention to more utility-focused projects.

One such standout is Lightchain AI, a blockchain project that has already raised $12.3 million during its presale, with a token price of $0.005625. This innovative platform is making waves for its ability to address critical blockchain inefficiencies, drawing interest from investors seeking long-term growth.

Trump Meme Coins – From Hype to Market Decline

Donald Trump’s start of the $TRUMP meme coin on January 17, 2025 has caused much talk in the crypto world. At first, the coin’s worth shot up, hitting a market size of about $7.8 billion. But this quick rise was soon followed by ups and downs; as of January 21, 2025, $TRUMP is trading near $38 which shows a drop of 49% from its highest point.

Critics say that the coin has no real money value. It mostly works as a guess item. There are also worries about possible unfair deals since the Trump Organization holds 80% of the coin’s part.

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Also, the next start of Melania Trump’s $MELANIA coin has added to market chaos. These changes show the risky kind of ͏meme coins and point out the dangers for buyers. People in the market should be careful, because the future path of $TRUMP and like things is not clear.

Lightchain AI Utility-Driven Alternative for Smart Investors

The backbone of Lightchain AI is designed to tackle the challenges of tomorrow with unmatched efficiency and innovation

At its core lies the Artificial Intelligence Virtual Machine (AIVM), a dedicated layer built specifically for AI tasks such as model training and inference, seamlessly integrated into the blockchain for peak performance.

Complementing this is the revolutionary Proof of Intelligence (PoI), a unique consensus mechanism that not only secures the network but also incentivizes nodes to perform valuable AI computations.

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To ensure scalability, Lightchain AI incorporates advanced technologies like sharding and Layer 2 solutions, enabling it to handle high-speed, high-throughput AI tasks effortlessly. This robust infrastructure positions Lightchain AI as a powerful, utility-driven solution for future-facing smart investors.

From Noise to Innovation Future of Crypto 

The fall of Donald and Melania Trump’s meme coins highlights a hard lesson for the crypto world: hype alone won’t last. 

Enter Lightchain AI—a utility-driven project that’s turning heads and redefining what blockchain technology can do. This isn’t just another fleeting trend; it’s a movement toward real innovation and lasting impact. 

For investors hungry for sustainable growth and meaningful returns, Lightchain AI is leading the charge. With an impressive presale performance and groundbreaking features, it’s primed to shape the next wave of blockchain advancements. Ready to join the future?

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https://lightchain.ai

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

https://x.com/LightchainAI

https://t.me/LightchainProtocol

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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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The strange liberal nonchalance about Trump’s return

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Even the anti-Donald Trump graffiti on the streets of West Hollywood is scarce and halfhearted now. Eight years ago, California was the “resistance” state. It is a different mood that a visitor encounters in 2025: resignation, boredom with the subject, a we-had-it-coming attitude among thoughtful Democrats and, at times, something approaching curiosity about the economic potential of America under a deregulating president.

A great liberal shrug is going on. It has been happening around the world since Trump clinched his win in November, and it is natural. You can’t be angry all the time. In the autocracies of 20th-century Europe, people of dissenting conscience often made what was known as an “inner migration”. That is, rather than flee or fight, they withdrew into private life as the political realm darkened around them. To detach like this is clever, not weak.

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Just don’t overdo it, that’s all. I sense that liberals have allowed a healthy acceptance of electoral reality to cross into a hope that Trump’s second term won’t be so bad. Please.

Three things softened the impact of Trump last time. None of them applies now. First, he craved re-election. This made him willing to provoke the median voter to a certain point, but no farther. (The speed with which he disowned the faintly theocratic Project 2025 last summer showed how much this supposed hothead seeks to avoid needless unpopularity.) Unless something happens to the 22nd Amendment, Trump is now liberated from the innate discipline of electoral politics. Even the midterms mean little, as the race to succeed him will begin straight after. Second-term presidents have two years.

What else? His first administration was peopled with enough old-fashioned Republicans — Gary Cohn, Rex Tillerson — to curb his excesses. He is now spoilt for officials and cabinet secretaries who are in the Maga mould. Tulsi Gabbard could be at the helm of US intelligence soon. There is nothing Stoic or urbane in brushing that off.

Above all, the world in 2017 was stable enough to absorb a certain amount of chaos. Inflation was low and Europe at peace. The last major pandemic in the west was a century in the past. It is into much frailer webbing that Trump will hurl his tariffs and foreign escapades this time.

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We could go on in this vein, citing practical and contingent reasons to worry. We could mention the federal judiciary, which is more Trump-tinged now than it was when he first took office. Will it constrain him? We could also mention that he will be 82 when he stands down. Last time, he had to think about the legal exposure, earning potential and social reputation he would have in his post-presidential life. Will that be such a factor now?

In the end, however, my argument — and a lot of political commentary — comes down to instinct. There is a hubris in Maga-world right now that just wasn’t there in 2017, in part because Trump hadn’t won the popular vote. Talk of much higher economic growth, territorial conquest, putting a US flag on Mars: if this doesn’t reek to you of pride before a fall, of imminent over-reach, then we just have different antennas. (And I hope mine is wrong.) In all democracies, a party is never more dangerous than when high on fresh electoral success. The difference with the US is the size of the stakes for the outside world. Think of George W Bush after his historically good midterms in 2002, or Lyndon Johnson’s escalation in Vietnam after 1964, when his vote pile could be seen from space.

Yes, a war of choice is improbable under Trump. (Though events can push leaders into uncharacteristic actions. Remember, the perception of Bush before September 11 was that he was a do-nothing isolationist.) More likely, a tariff spree will set off an uncontrollable world response, or the economy will be run too hot, or the constitution will creak to breaking point as Trump seeks to reward friends and hound enemies. At the least, there will be internal recriminations when it becomes clear that public debt, urban squalor and America’s other issues aren’t amenable to a techno-libertarian fix.

Whatever the precise form of the coming chaos, the relative lack of worry about it is what stands out from eight years ago. The liberal line in 2025 seems to go something like this: we overdid the panic about Trump last time, so let’s not repeat the mistake. Neither half of this proposition survives the slightest intellectual audit. The panic was borne out, unless the two impeachments — one for seeking to overturn an election result — somehow don’t count. Also, even if the first term wasn’t so bad, why assume the second will be just the same? Trump and his movement are much more serious entities now. His inaugural speech this week was formidable in vision and expression.

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None of this means that people who dislike Trump should take the man’s advice to “fight, fight, fight”. Protest and activism have been dead-ends for the Democrats. But if smugness was bad, so is cringing self-doubt. The lesson of the 2024 election for liberals was, or should have been, narrow: stop choosing useless candidates. This has somehow grown into a broader crisis of confidence about whether their underlying assessment of Trump as a menace was ever right. Being vindicated over the coming years is going to be no fun at all.

janan.ganesh@ft.com

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New Sega Account service offers free rewards for Like a Dragon: Pirate Yakuza in Hawaii and Phantasy Star Online 2: New Genesis when you sign up

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Sonic Unleashed


  • Sega has launched a new Sega Account service
  • It’s free to sign up and offers exclusive in-game rewards
  • This includes a bonus outfit for Like a Dragon: Pirate Yakuza in Hawaii

Sega has just launched a brand new online account system, simply called ‘Sega Account’.

The official Sega Account website reveals that its “lets you maximize Sega’s online services” and that it “offers a ton of benefits.” Much like Sega’s email newsletter system, Sega Account is free to sign up for and seems like it’ll offer exclusive in-game rewards for those who do.

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Asset tokenization can unlock financial inclusion for LATAM’s unbanked

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Blockchain-powered asset tokenization is set to reshape Latin America’s financial systems, driving efficiency, inclusion and transparency.

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Business

Reeves Laughs Off Musk Comparison, Says She Won't Troll

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Chancellor of the Exchequer Rachel Reeves rejected similarities between the UK government’s efforts to cut costs and billionaire Elon Musk’s approach in the US, where President Donald Trump has tasked him to head his administration’s new Department of Government Efficiency. “I think the comparison might end there. I’m not going to go troll presidents around the world,” she joked, during a conversation with Bloomberg Editor-in-Chief John Micklethwait at Bloomberg House on the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland. (Source: Bloomberg)

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Google will let you control your Chromebook with your face

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Google is announcing a variety of classroom and accessibility-focused ChromeOS features today, and one of the standouts is being able to control your computer with your head and facial expressions. The feature — aimed at those with motor impairments — was first announced in early December, but it’s now rolling out to more users with compatible Chromebooks (Google recommends 8GB of RAM or more).

This isn’t Google’s first foray into the face-as-a-cursor space. It previously made an open-source AI accessibility tool for Windows games called Project Gameface, which was also announced for Android. Here’s a sample video from Google of the tech in action, demoed by software engineer Amanda Lin Dietz who helped develop it.

Additionally, Google is also teasing a boatload of new Chromebooks for 2025, with over 20 new devices in its standard Chromebook and Chromebook Plus lines coming this year. That estimate may be a bit of a stretch, since Google seems to be counting the Samsung Galaxy Chromebook Plus that launched back in October, but it does also count the just-announced 14-inch Lenovo Chromebook Plus 2-in-1 and more to come.

Along with laptops aimed at educators and students, Google’s got a new batch of classroom-focused ChromeOS features called Class Tools. These allow teachers to have real-time control of their students’ screens. Once a pairing code is shared, educators will be able to send students direct content on their Chromebook screens, flip on live captions or translations for them, remotely view their screens, and share a student’s work with the whole class.

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An educator’s view of Google’s Class Tools settings.
Image: Google

In addition to these collaborative tools, Google Classroom is also getting an integration with Figma’s FigJam, allowing teachers to assign online whiteboards to students for brainstorming and group work. Maybe the combination of FigJam with the teacher’s ability to snoop on students’ screens will reveal who’s really doing all the work for the group.

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What is WhiteBIT? A Guide to the Leading Crypto Exchange

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WhiteBIT crypto exchange logo and features overview

Overview of WhiteBIT

WhiteBIT is a centralized crypto exchange offering tools for traders of all levels. Here’s a quick summary:

Feature

Details

Founded

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2018, in Kharkiv, Ukraine

Founder

Volodymyr Nosov

Users

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5.5+ million

Trading Volume

$6 billion (spot) daily

Supported Assets

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300+ cryptocurrencies, 600+ trading pairs

Global Reach

Operates in 150+ countries

Key Features of WhiteBIT

WhiteBIT offers several features suitable for both new and experienced traders:

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  1. Robust Security
    • 96% of funds stored in cold wallets.
    • Advanced security tools like Web Application Firewall (WAF).
    • Regular third-party security audits.
  2. Diverse Trading Options
    • Spot, margin, and futures trading with up to 100x leverage.
    • Integration with TradingView for advanced charting and analysis.
  3. User-Friendly Experience
    • Multilingual 24/7 customer support, including voice assistance.
    • Demo tokens for beginners to practice risk-free.
  4. Passive Income Opportunities
    • Lending programs offering up to 18% interest annually.
    • Auto-invest features for regular portfolio growth.
  5. Low Fees
    • Spot trading fees capped at 0.1%.
    • Futures trading fees start as low as 0.0585%.
    • WBT holders receive up to 80% fee discounts.

WhiteBIT Ecosystem

WhiteBIT has built a complex ecosystem that extends beyond basic trading services:

Product/Feature

Description

Whitechain

Blockchain with Proof-of-Authority (PoA) for scalability and efficiency.

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WhiteBIT Token (WBT)

Native token offering fee discounts and staking rewards.

Whitepay

A crypto payment gateway for businesses and customers.

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Crypto Debit Card

Visa-powered card for global crypto-to-fiat transactions.

WhiteSwap

Decentralized exchange supporting DeFi applications.

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Competitive Advantages

Ethical Practices

WhiteBIT supported humanitarian efforts during the Ukraine conflict, using its Whitepay solution to facilitate donations.

Accessibility

Its tools cater to beginners and advanced traders. Demo tokens help users practice strategies without financial risk.

Regional and Global Presence

WhiteBIT has partnered with organizations like FC Barcelona and Turkish football clubs. It also plans to expand into highly regulated markets, including the U.S.

Passive Income and Rewards

Users can participate in lending programs or earn through trading competitions and affiliate programs. Token burns keep WBT’s supply deflationary, driving value for holders.

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WhiteBIT Coin (WBT)

WBT is the backbone of Whitechain and plays a key role in its ecosystem. Here are its main features:

Feature

Details

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Supply Cap

400 million coins

Use Cases

Fee reductions, staking rewards, and ecosystem payments.

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Interoperability

Supports Ethereum (ERC-20) and Tron (TRC-20) tokens.

Current Price

$28 (as of January 2024)

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Whitepay and WhiteEX

Whitepay is a payment gateway allowing businesses to accept crypto payments seamlessly. It offers secure and scalable solutions for merchants. WhiteEX, another WhiteBIT innovation, simplifies crypto-to-fiat conversions for real-world use.

WhiteBIT’s focus on security, accessibility, and user-centric innovation has helped it develop from a local business to a major force in the world. Its alliances and growing ecosystem make it a competitive option for both institutional and retail traders.

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The AI trend that could send software stocks soaring in 2025

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Palantir and Salesforce have seen their shares soar amid enthusiastic demand for powerful digital assistants and AI platforms. Read More

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