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The Bitcoin price has climbed 1.2% in the last 24 hours to trade at $96,842 as of 9:05 p.m. EST on a 21% jump in trading volume to $74 billion. Bitcoin Price Continues The Uptrend Along The Parabolic Curve Bitcoin price action on the daily chart shows a strong bullish momentum, highlighted by a parabolic curve that began in late October. This curve reflects rapid price acceleration, a hallmark of intense buying activity during bull runs. Currently, Bitcoin is trading at $96,410, with an intraday high of $97,351. The next significant resistance lies at the $100,000 psychological level, a critical area that could trigger profit-taking or a temporary reversal if buyers fail to maintain momentum. BTCUSD Analysis Source: Tradingview A golden cross is present on the chart, with the 50-day moving average ($78,924) crossing above the 200-day moving average ($66,876) in late October. This is a historically bullish signal, indicating the potential for further upside. The steep upward...

The Artificial Superintelligence Alliance price jumped 8% in the last 24 hours to trade at $1.299 as of 02:42 a.m. EST on trading volume that skyrocketed 90% to $1.4 billion. Artificial Superintelligence Alliance Price On A Bullish Rally The Artificial Superintelligence Alliance price trend on the 4-hour timeframe appears bullish based on the price breaking above key moving averages and the recent strong upward momentum. The FET price has formed a potential cup and handle pattern, which is a bullish continuation pattern, as suggested by the rounded bottom structure. According to GeckoTerminal data, the $1.3 level has allowed the price of Artificial Superintelligence Alliance to surge over the neckline at $1.56. The Artificial Superintelligence Alliance price surging has pushed FET over both the 50-day and 200-day Simple Moving Averages (SMAs), while forming a golden cross around $1.30, cementing the general bullish sentiment. Meanwhile, the Relative Strength index (RSI) is curr...

1. U.S. Q3 GDP Annualized Growth Rate Steady at 2.8%, Core PCE Revised Down to 2.1% link The U.S. third-quarter real GDP annualized growth rate (revised) stood at 2.8%, aligning with expectations of 2.8% and matching the previous estimate. The third-quarter core PCE price index annualized growth rate (revised) was 2.1%, slightly below the forecast of 2.2% and the prior estimate of 2.2%. 2. Trump Administration Proposes Expanding CFTC Authority to Restructure Crypto Regulation link The incoming Trump administration plans to expand the authority of the Commodity Futures Trading Commission (CFTC) to oversee the $3 trillion digital asset market. This initiative aims to curtail the Securities and Exchange Commission’s (SEC) jurisdiction over parts of the crypto industry, granting the CFTC regulatory oversight of digital assets like Bitcoin (BTC) and Ethereum (ETH), classified as commodities, along with their spot markets. The administration believes this move will provide a clear regulatory...

How Solana Powers High-Speed DeFi Applications! In the fast-evolving world of decentralized finance (DeFi), speed and scalability are crucial for success. Solana has emerged as a powerful blockchain platform designed to meet these demands, offering a unique blend of high transaction throughput, low latency, and cost efficiency. Here’s how Solana powers high-speed DeFi applications and why it’s become a go-to choice for developers and users alike. Unmatched Scalability with Proof-of-History Solana’s unique consensus mechanism, Proof-of-History (PoH) , timestamps transactions before they’re processed, creating a verifiable sequence of events. This reduces the time required for validation and allows the network to achieve an impressive throughput of up to 65,000 transactions per second (TPS) without sacrificing security or decentralization. This scalability is critical for DeFi platforms that rely on seamless user experiences, especially during peak demand. Whether it...

Author: @Web3_Mario Source: https://mp.weixin.qq.com/s/jfJURj_OhymH12OBN8qIcQ Abstract This article primarily discusses the recent high topic surrounding MicroStrategy. Many industry veterans have commented on the company's operational model. After digesting and thoroughly researching the matter, I have some personal insights that I would like to share. I believe the reason for MicroStrategy's stock price increase lies in the "Davis Double-Play." Through its business design of financing to purchase BTC, MicroStrategy has linked the appreciation of BTC with the company's profitability. Additionally, the innovative design of combining traditional financial market financing channels and leveraging funds has enabled the company to achieve a level of profitability growth that surpasses the gains from its BTC holdings. As the position grows, the company gains certain pricing power over BTC, further reinforcing the expectation of profitability growth. However, the risks ...

An analyst known as a “Master Trader” on the crypto exchange Bybit thinks that Dogecoin’s (DOGE) correction is over. Pseudonymous analyst Bluntz tells his 299,300 followers on the social media platform X that the top memecoin’s parabolic rally is in its early days. The trader shares a chart suggesting that DOGE could soar above $1 before its five-wave rally is over. “Current DOGE wave four looks done here. [DOGE] has been in an upwards sideways running flat correction for two weeks now and plenty of people have gotten bored and moved on to chase the next shiny thing. In reality, the DOGE parabola has only just started, no profit-taking until $1 minimum in my opinion.” Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness five-wave surges before witnessing an ABC correction. According to the theory, waves one, three and five are upside bursts while waves two and four are...

Cryptocurrency markets experienced a widespread downturn, with major digital assets recording substantial percentage losses recently. Significant declines across Bitcoin, Ethereum, Dogecoin, Cardano, and Solana triggered investor panic worldwide. Market capitalization dropped by 5%, signaling a potential widespread selloff and reduced investor confidence. Massive liquidations totaling $691 million impacted over 180,000 trading accounts across multiple cryptocurrency platforms. Large institutional and retail investors reconsidered their investment strategies amid heightened market volatility. These market conditions might slow down new cryptocurrency releases and dampen overall market sentiment. New Cryptocurrency Releases, Listings, & Presales Today Arris offers monthly airdrops and strategic partnerships to enhance user engagement. OpMentis enables users to test, earn, and explore advanced technological innovations. 1. HowToPay ($HTP) The digital payment revolution is transf...

A closely followed trader in the crypto space says there may be opportunities for select altcoins once Bitcoin (BTC) stabilizes. Pseudonymous analyst The Flow Horse tells his Telegram subscribers that the more liquid altcoins within the top 100 could present good entry points for bulls after their 50% dips. The trader names cat-themed memecoin POPCAT as an example. “Gentle reminder that alts probably can go a bit lower if Bitcoin does but after this type of mark up the 50% retracement level on liquid top 100 pairs is often a very good level to bid. I would start creating filters and alerts for charts that are approaching their 50% retracement levels, Popcat is a good example.” Source: The Flow Horse The Flow Horse also says that Celestia (TIA) and SEI are “good examples” of coins that are showing strength despite Bitcoin currently correcting and dragging much of the digital assets markets down with it. The trader says it’s more th...

Though Jim Cramer is frequently made fun of for the fact that assets he recommends buying soon start collapsing and vice versa, he seldom fires back at such jokes. This was not the case in late November 2024, when netizens started bantering that Bitcoin (BTC) was doomed after the TV personality and former hedge fund manager endorsed owning it directly – and after they began blaming him for the cryptocurrency’s $6,000 fall in jest. Indeed, on November 26, Cramer made an X post saying how funny he found the comments as the former hedge fund manager has been invested in and positive about cryptocurrencies for a relatively long time. Picks for you XRP price to soar as whales make giant splash 20 hours ago XRP price to hit $1.60 ‘if Bitcoi...