Author: V Sinclair
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Forecasts for the Crypto Market Inspire Investor Interest and Wariness
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A cryptocurrency analyst named Inmortal has made notable predictions regarding the market’s future. Through social media, he expressed a strong bullish outlook for Chainlink (LINK) and Ethereum (ETH) . While his assessments have captured investor attention, there is a critical reminder about the inherent volatility of the market. Target Set at $53 for Chainlink Inmortal suggested that…
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Sam Altman’s World is ordered by Brazil to stop cryptocurrency payouts for the collection of biometric data
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Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil. What is World Network and Its…
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Michael Saylor Hints at a New Bitcoin Purchase from MicroStrategy
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MicroStrategy, a software intelligence company, is back in the spotlight for its bold Bitcoin (BTC) acquisition strategy. Its chairman Michael Saylor has teased another Bitcoin purchase is on the horizon. With Bitcoin’s value soaring, currently sitting at around $101,490, the company’s holdings are now worth an impressive $47.3 billion. Its calculated investment strategy is paying…
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Coinbase Derivatives Files for Solana and Hedera Futures Contracts
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Coinbase Derivatives has submitted an application to the Commodity Futures Trading Commission to list new futures contracts for Solana and Hedera. The U.S.-based exchange plans to introduce these cash-settled contracts in February or later, pending regulatory approval. Details of the Proposed Contracts The proposed Solana futures will have a contract size of 100 SOL, with an estimated notional value…
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Brad Garlinghouse advocates for a U.S. cryptocurrency reserve that encompasses more than just Bitcoin.
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Brad Garlinghouse, the CEO of Ripple, recently shared his thoughts on the U.S. government’s plan to create a national digital asset reserve. He believes the reserve should include Bitcoin and other cryptocurrencies like Ripple’s XRP. This idea goes against the opinion of Bitcoin supporters who think Bitcoin should be the only coin in the reserve. US…
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Bitcoin Prints a Bullish Hammer: Is It Better to Buy Now or Hold Off?
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Bitcoin—BTC, bounced back to $95,500 on Tuesday after falling below $90,000 the day before. The dramatic drop caused over $734 million in liquidations, shaking the confidence of many traders. A bullish hammer on the chart signals potential recovery, but the risk of further volatility remains. With major macroeconomic events ahead, the market could face more…
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Market Dynamics Are Affected by Trump’s Tariff Plans
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In a bold move, President Donald Trump is considering declaring a national economic emergency to roll out a comprehensive tariff regime targeting both allies and adversaries. This initiative, potentially enacted under the International Economic Emergency Powers Act (IEEPA), seeks to alter global trade dynamics significantly. What Motivates Trump’s Tariff Approach? Reports indicate that Trump’s intention…
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Crypto market capitalization reaches a critical, indicating a potential 8000x surge for Floki’s opponent.
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The cryptocurrency market is buzzing with excitement as the total market cap breaks a critical resistance level, signaling a potential surge in altcoin investments. While established projects continue to attract attention, one standout competitor to Floki is gaining momentum – Lightchain AI. With its presale raising $10.6 million and a unique focus on innovation, Lightchain…
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Ethereum Plans to Upgrade the Pectra Mainnet by March 2025
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Ethereum devs have begun preparations for the awaited Pectra mainnet upgrade, which is now scheduled for March 2025. Originally scheduled for late 2024, this upgrade was delayed because of added features and scope. The upgrade is designed to increase the efficiency and user experience of the Ethereum network almost ninefold. Early key milestones are already on the table.…
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Bitcoin Price Prediction: Is a Massive $150K Rally Just Around the Corner?
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In the last 24 hours, the Bitcoin market has seen a growth of 2.1%. Renowned crypto analyst James Check states that there is a lot of resemblance between the price action of the current cycle and that of the 2016 to 2017 cycle. Moreover, he predicts that the market could reach a top of $150,000…