The XRP price has risen 15% over the past seven days after weeks of consolidation following the altcoin's rise to $3.00 in early December. According to Cointelegraph Markets Pro and TradingView, the XRP/USD pair rose 1.5 percent to a daily high of $2.44 on Jan. 6. The intraday high was US$44.

XRP's upside potential is supported by a significant increase in open interest (OI) over the past 24 hours.
The chart below shows that XRP's OI increased by 45% from US$2.6 billion to US$3.7 billion in the last 24 hours, indicating that investors are opening positions in anticipation of a rise in the price of #XRP . This also indicates increased trading activity and inflows into the XRP market.
Historically, significant spikes in interest in OI have preceded spikes in the XRP price.
For example, between July 13 and July 14, 2023, the OI jumped 107% and the price jumped 107% over the same period.
This price movement came after Judge Annalisa Torres ruled in the Securities and Exchange Commission's case against #Ripple that XRP tokens are not securities. Similar price movements occurred in 2024.
If history repeats itself, the latest spike in OI could cause the XRP price to break out of consolidation and record a significant rise towards $BTC XRP/USD is expected to resume its bullish momentum despite the recent pullback from the highs.
XRP price movement from November 5, 2024 to January 6, 2025 is shown on the chart below, with a bullish flag on the daily chart. A pattern has been formed. A daily candle above the upper boundary of the flag at $2.41 would signal the beginning of a strong upside breakout.
target is determined by the height of the flagpole, which is about $15, or about 520% of the current price.
Other bullish indicators on the chart are the 50-day simple moving average at $2.10 and the Relative Strength Index just above 50.
Several analysts also cite market sentiment for XRP adoption and partnership growth, fueled by the cryptocurrency-friendly Trump administration, with a target price of XRP by 2025.

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#CryptoMarketTrends #DigitalCurrency #FinTechInnovations

🚀 "The Future of Digital Payments is Here: Meet COTI!" 💳

Imagine a world where payments are fast, secure, and cost-effective, all powered by blockchain. That's the vision of COTI, the Currency of the Internet. 🌐

Here’s why COTI is becoming the backbone of digital payments:

✅ Transaction Speed: Lightning-fast transactions with up to 100,000 TPS – that’s faster than Visa! ⚡

✅ Cost-Effective: Say goodbye to high fees. COTI’s infrastructure enables fee-less payments, perfect for businesses and consumers alike.

✅ Enterprise Adoption: Trusted by merchants worldwide with tailored payment solutions.

✅ Innovative Tokenomics: Limited supply, staking rewards, and a growing ecosystem ensure sustainable growth.

✅ Top-Tier Partnerships: Working with giants like Cardano (ADA) and expanding integrations with Web3.

💼 Market Potential:

Current Price: <$1 🔥

Market Cap: $100M+ – leaving massive room for growth.

Positioned in a $2 trillion payments industry.

As blockchain adoption accelerates, COTI’s disruptive tech is solving real-world problems and bridging the gap between crypto and mainstream finance.

📊 "Early adopters reap the biggest rewards."

Stay ahead of the curve—keep an eye on COTI as it paves the way for the future of payments.

📈 #COTI #DeFi #CryptoPayments #DigitalCurrency #FutureOfFinance

👉 Are you ready to watch COTI's story unfold in the next big bull run? 🌟

(This is not financial advice. Always DYOR.)

CEO Garlinghouse attributed these changes to the Trump administration and Donald Trump's pro-cryptocurrency rhetoric. In a post on X's website on January 5, the CEO wrote, Team Trump is already causing innovation and job growth in the U.S. with Scott Bessent, David Sachs, and Paul Atkins at the helm! Whatever you say, but the Trump effect is already making cryptocurrencies great again.

industry executives, investors and developers are optimistic about the potential for #cryptocurrencies to thrive under the Trump administration and hope for a friendlier regulatory environment.
Brad Garlinghouse.
the second Trump administration will take office on January 20, 2025. But the industry is already making moves in anticipation of the long-awaited inauguration.
mining company Hive Digital recently announced it will move its headquarters from Vancouver, Canada, to San Antonio, Texas. President-elect Donald Trump's new administration is more positive about #bitcoin , the company said in a statement on Dec. 31.
Morgan Stanley, one of the world's largest financial institutions and owner of the E-Trade platform, added backed assets to its brokerage site. A company spokesperson cited the pro-cryptocurrency rhetoric of the incoming Trump administration as one of the reasons for the potential addition of crypto assets to its E-Trade platform.
ARC Invest. Founder Katie Wood recently predicted an increase in mergers and acquisitions over the next four years and predicted that BTC will be worth $1 million by 2030, thanks to policies that support innovation and bitcoin's scarcity.
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#CryptoTrends #DigitalCurrency #TokenEconomy

SHIB coin aims for $0.001, burn rate soars 1500% on the back of ecosystem expansion

SHIB burn rate soars 1500%, 33 million tokens destroyed, and circulating supply significantly reduced
#SHIB burn rate for the week totaled 4,. 4 million tokens, which contributes to market optimism and bullish sentiment for the #meme .
#Shibarium expects a target price of $0.001 this month, supported by the development of the ecosystem and the growing popularity of Shibarium.
In the last 24 hours, the number of SHIB coins burned has increased by 1,500%; 33 million tokens have been withdrawn from circulation.
The number of tokens burned has increased dramatically. This affected supply, paving the way for a possible price increase.
These reductions are in line with the law of supply and demand, which is favorable for SHIB.
Furthermore, the weekly burn report showed that a total of 44 million SHIB tokens were burned. This prolonged burning activity indicates that market participants' expectations for the #token meme are rising, indicating a positive trend.
Shiba Inu's price rose 2% in today's trading, trading at USD 000002282. Some experts believe that breaking the critical $0000025 mark will pave the way for SHIB to reach its $0.001 target this month.
market analysts believe that higher token burn rates and ecosystem development will remain bullish in the short term.
New developments in the Shibarium community, such as the growing use of the Shibarium blockchain, are also contributing to the growth of the market.
The growing popularity of Shibarium as a hub for decentralized applications also supports various usage scenarios.
addition, Shibarium's token burn mechanism aims to continually reduce the supply of assets. As tokens are withdrawn from circulation as part of the burn strategy, SHIBs become scarce. As a result, the value of the tokens increases and the demand for them increases.

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#DigitalCurrency

MicroStrategy wants to raise up to US$2 billion through the sale of preferred stock, expanding its previously announced plan to sell US$42 billion worth of equity and debt.

The latest sale is expected to take place in the first quarter of 2025.
#MicroStrategy wants to raise up to $2 billion through the sale of preferred stock to fulfill its previously announced plan to raise $42 billion to fund #bitcoin purchases over three years.
According to a statement released Friday, the company is seeking to raise up to $2 billion through a publicly underwritten offering of one or more of its perpetual preferred shares. The preferred stock will rank senior to MicroStrategy's Class A common stock.
MicroStrategy is a business intelligence company founded by former CEO Michael Saylor, who has since started buying #cryptocurrencies during the bull market of the pandemic era, It has become the largest corporate holder of bitcoin. The company currently holds more than 145,000 #BTC , which is worth about $14 billion at current prices.
Over the past few years, MicroStrategy has implemented its bitcoin buying strategy through stock and bond issuances. In November, for example, the company completed a US$3 billion debt offering to buy bitcoin.
In October, MicroStrategy announced plans to issue US$21 billion worth of stocks and US$21 billion worth of bonds to support this bitcoin buying strategy.
As of Dec. 15, the company had approximately $7.65 billion of shares remaining available for sale.
MSTR shares that outperformed bitcoin in 2024 were added to the NASDAQ index in late December.
MicroStrategy's latest offering is expected to take place in Q1 2024. MicroStrategy's latest offering is expected to take place in Q1 2025, but is subject to market conditions and is subject to the company's discretion.
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#DigitalCurrency

A strategic bitcoin reserve could revolutionize the global financial system. Bitcoin might replace the dollar as the dominant currency and become the primary store of value. This step could have far-reaching implications for the stability of the U.S. dollar and the global economy.
Strengthening the Dollar Through Bitcoin
Holding a bitcoin reserve could paradoxically strengthen the U.S. dollar. Bitcoin could act as a stabilizing factor, protecting the dollar from inflation and market fluctuations. If bitcoin is integrated into the U.S. financial system, it could boost the dollar's credibility on the global stage.
Thanks to bitcoin's limited supply and increasing adoption, the dollar could remain the world’s reserve currency. Bitcoin could serve as an economic "buffer," mitigating the effects of financial crises and contributing to greater stability in the U.S. economy.
Embracing New Technologies and Digital Currencies
Adopting bitcoin as part of a reserve would also signal that the United States supports new financial technologies. Most countries are already considering the introduction of digital currencies, and if the U.S. leads the way, the dollar could maintain its role as a key currency for international trade.
The Risk of Hyperbitcoinization and Dollar Weakening
On the other hand, maintaining a bitcoin reserve could have unintended consequences. The value of the dollar might decline if investors and governments begin favoring bitcoin. This trend could signal a loss of confidence in the traditional monetary system.
As bitcoin adoption grows, the demand for dollars would diminish, rendering the dollar unnecessary for international trade. This process, known as hyperbitcoinization, could make bitcoin the dominant global currency while rendering national currencies irrelevant.
Impact on the U.S. Government and Central Banks
If governments start holding bitcoin as a reserve, they would lose control over monetary policy. Central banks would no longer be able to control the money supply or set interest rates. During economic crises, the U.S. would be unable to implement necessary changes to its monetary policy.
In the long term, the weakening of the U.S. economy and international pressure could further accelerate the decline of the dollar. While a bitcoin reserve might attract foreign investments, it could also undermine the dollar’s stability.
Hyperbitcoinization as a Global Reality?
If most individuals and institutions begin using bitcoin for transactions, the demand for dollars would decrease. This could lead to a radical transformation of the global financial system, where bitcoin would replace the dollar as the primary reserve currency.
The question remains whether the United States could adapt its policies to this new financial landscape or whether it would attempt to suppress bitcoin and other cryptocurrencies. Either way, the global financial system will never be the same.

#DigitalCurrency , #DonaldTrump , #BitcoinReserve , #BTC , #CryptoNewss

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Permanent link to this post: A Tesla cyber truck packed with explosives exploded outside President Trump's Las Vegas residence, killing the driver and injuring seven people.

FBI investigators are looking into whether the explosion was a terrorist attack, but believe it was an isolated incident.
A few days before the explosion, #Elon Musk changed his Profile X to "Kekius Maximus" and his eponymous mimcoin soared to a crash.
the #Tesla 2024 cyber truck exploded Wednesday morning outside President Trump's residence. A 2024 Tesla cyber truck exploded outside the U. S. government building in Las Vegas Wednesday morning, shocking the city and the internet. Authorities said the truck, filled with fireworks, gas canisters and camping fuel, was equipped with a detonation system controlled by the driver.
The explosion killed the driver and injured seven others. The rental car arrived in Las Vegas from Colorado around 7:30 a. m. and drove up and down legendary Las Vegas Boulevard for an hour, stopping in front of the Trump Hotel just before it exploded.
surveillance footage shows the truck swerving through the neighborhood, then parking and bursting into flames seconds later. The FBI has launched an investigation into the explosion. Acting Special Agent in Charge Jeremy Schwartz of the FBI's Las Vegas field office said: "We are working to determine if this was an act of terrorism. At this point, we believe this is an isolated incident.
"
Firefighters arrived on the scene shortly after 8:40 a. m. and found the 2024 Tesla Cyber truck engulfed in flames. The driver's body was still inside the vehicle and investigators are trying to determine his identity. Deputy Fire Chief Billy Samuels said seven people were injured in the explosion, but all are in stable condition.
Las Vegas Sheriff Kevin McMahill attributed the lack of damage to the design of the cyber truck.
Elon Musk.

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#DigitalCurrency #CompassInvestments #InvestSmart

Bitcoin critic Peter Schiff and his economic forecasts - ecoinimist

How to follow Peter Schiff on Twitter
Where I can listen to Peter Schiff's podcasts
Peter Schiff is making a name for himself in the financial world. He is a renowned economic forecaster. Known for his economic forecasts, he has become a prominent figure in the financial industry.
Schiff's views are often controversial. His bearish views on the US economy and his criticism of the Federal Reserve have made him a controversial figure. However, his predictions are often accurate. In particular, he foresaw the 2008 financial crisis and has earned a reputation as a reliable economic forecaster.
But who is Peter Schiff? How did he achieve his fame? And why do his economic forecasts deserve so much attention?
This article seeks to answer these questions. It examines Schiff's background, his investment philosophy, and his public persona. It also analyzes his past predictions and their accuracy.
Schiff's stance on various investment options is examined. From gold and precious metals to #cryptocurrencies such as #bitcoin , Schiff's views are often unconventional but insightful.
Schiff's influence on social media is also covered. His Twitter account and podcast are platforms for sharing economic views and communicating with the public.
Schiff's net worth is described, reflecting his success as an investor and financial commentator. It also describes his businesses, including an investment company and a gold sales company.
Finally, it answers frequently asked questions about Schiff. Whether you are an investor, a financial enthusiast, or simply interested in economic trends, you will find valuable insights in this article. It's time to understand Peter Schiff's economic predictions and their impact on the financial world.
Who is Peter Schiff?

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#Crypto2024 #FinTechInnovations #DigitalCurrency

For Ethereum, 2024 was a year in which a lot happened, but also a year in which almost nothing seemed to happen.

There were a few major innovations, but those who just want to make money from investing in Ethereum's native coin #ETH are a bit disappointed. Judging by the sentiment on - Crypto Twitter (aka X. ) - updates such asDencun have made it cheaper to work on the network, and President-elect Donald Trump supports projects built on #Ethereum . However, it has not been without regulatory crackdowns, with many speculating that the US Securities and Exchange Commission (SEC) will come down hard on the ecosystem.the unexpected approval of the listing of a mutual fund trading ETH changed the situation, but as with #bitcoin , the asset's price did not explode. Despite this, it has been an exciting and remarkable year for the blockchain behind the second largest coin in cryptocurrency. We recommend looking back and seeing how it all played out.Read us at: Compass Investments

#DigitalCurrency #BlockchainFuture

Cryptocurrency Market Forecast 2025: bold conclusions from Galaxy Research on bitcoin, DeFi and stable coins

Cryptocurrency Market Forecast 2025: Dogecoin to $1, #bitcoin ETFs soar, #DeFi rises and new
Bitcoin could reach $185,000 in 2025 thanks to institutional adoption, and #Ethereum will rise above $5,500. See our bullish predictions for 2025
Galaxy Research has released its predictions for 2025, predicting that bitcoin will break the $150,000 mark and Ethereum will become even stronger. The report also talks about major changes in DeFi, stable coins, and how institutions will accept cryptocurrencies in the coming years.
Bitcoin will reach the $150000 mark in the first half of this year, and by the end of the year, cryptocurrencies will be accepted by institutions, businesses, and even governments. It is expected to reach $185,000 in the long run. Ethereum's price is also expected to rise above $5,500, helped by regulatory clarity and partnerships between decentralized finance (DeFi) and traditional finance (TradFi).
The total value of bitcoin-listed products (ETPs) in the U. S. is expected to exceed $250 billion. This growth is expected to be driven by institutional and private investors. This growth reflects the growing interest in bitcoin among institutional and retail investors.
Considering risk and return, bitcoin will outperform most other assets around the world. Its resilience will make it popular with both retail and institutional investors.
Major financial platforms recommend allocating at least 2% of a portfolio to bitcoin. This will encourage more investors to include bitcoin in their long-term plans.
five major Nasdaq-listed companies and five countries will add bitcoin to their reserves.

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#CryptoTrends #DigitalCurrency

According to analysts at Wintermute, who expect more companies to follow the trend of incorporating bitcoin into their balance sheets at the corporate level as 2025 approaches. Jake Ostrovskis, an OTC trader

Wintermute, believes that the main driver next year will be the increased participation of large companies, followed by institutional investors and listed companies. He also predicts that small and medium-sized enterprises (SMEs) will join the movement, further expanding the corporate #bitcoin investor base.
the company, known for its micro-strategy-based strategy, has accumulated US$10 billion worth of bitcoins and is using its capital to acquire another US$42 billion. It plans to acquire US$42 billion worth of bitcoins. This approach has prompted other bitcoin #mining companies such as Mara and Riot to issue convertible bonds to acquire more bitcoins. In addition, companies such as Metaplanet are exploring new opportunities and plan to raise US$31.8 million in bonds to accelerate their bitcoin acquisitions.
Ostrovskis said that compared to traditional approaches such as pension funds and sovereign wealth funds, corporate bitcoin According to him, the growing interest in bitcoin investment is contributing to a more dynamic approach. While much attention has been focused on the potential impact of bitcoin ETFs, Ostrovskis notes that corporate capital is moving faster and more freely, which is an important factor for the future growth of #cryptocurrencies .
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#DigitalCurrency #Crypto2024

Wall Street expects the S&P;P 500 will remain strong in 2025 - Tokenist

After an excellent performance in 2024, Wall Street analysts expect the S&P 500 to continue its strong growth in 2025, but the forecasts of major financial institutions expect the benchmark index, which has posted two consecutive years of double-digit returns, to continue to grow, albeit at a slower pace -
analysts agree that the S&P 500 index will reach 6,679 by the end of 2025, about 10% above current levels. percent higher. This forecast is roughly in line with the average annualized return of 10.23% since the index's inception in 1957.
Goldman Sachs sets a conservative target of 6,500 (which would mean a 9% increase in stock price plus dividends), while Deutsche Bank and Yardeni Research take a more bullish view. Line_Break Two-thirds of financial advisers surveyed expect the index to rise 10%, but many investors warn of potential market volatility. This #optimism comes after the S&P 500 Index significantly beat initial forecasts for 2024 and more than 15% above the consensus forecast of 5,132 at the end of 2023. The index has risen more than 20 percent for two consecutive years, the first time this has happened since the 1990s.
The positive outlook for 2025 is driven by several key economic factors. Corporate earnings are expected to grow by 11% in 2025 and 7% in 2026, with 5% earnings growth in line with nominal GDP projections. Economists expect real GDP growth of 2.5% and inflation to fall to 2.4%, creating favorable conditions for market expansion.
In 2025, market dynamics are expected to change, with analysts forecasting a shift from mega-corporation leadership to greater market participation. Analysts forecast a shift from mega-corporation leadership to increased market participation.

Join the Telegram group to keep up with the latest news.

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#transscreen.ru #TokenEconomy #DigitalCurrency #MarketInsights

Already fixed bug blamed for "knee-jerk" trading reaction that caused BTC/USD to fall

So Tradingview had a glitch related to #BTC advantage that caused panic dumping? People are dumping money because of Tradingview? ' wrote popular trader Satoshi Flipper in part X of his reply.
According to the monitoring resource CoinGlass, about $33 million of long BTC positions have been liquidated in the four hours up to the time of writing. line_.
In recent weeks, bitcoin's dominance in the market has become an increasingly hot topic for traders as it struggles to keep up with #altcoins that have reached all-time highs.
After briefly surpassing 61.5% in mid-November, the market has turned around, and expectations for "altcoin season"
BTC's dominance has reached the 2021 breakout level and turned around, summarizes trading account Aqua in its latest X analysis. "The market is in a state of #flux right now, and the market is in a state of flux right now.
BTC dominance has peaked and I think #ALT will start to outperform $BTC in the coming months. Finally, ALT season is coming soon. Meanwhile, trader, analyst and entrepreneur Michael van de Poppe compared the potential of altcoins to the dot-com bubble of the early 2000s. There is nothing strange about expecting 20-50x growth by 2025.
market participants were generally confident in the short-term outlook, despite the volatility.
Among them was popular bitcoin and crypto investor Eljaboom, who called for the price of BTC to rise to
$BTC is ready for another rise, he told subscribers, attaching to his message IMO a printout of a two-week chart
!
Another Xoom account saw a bullish signal on the 1-day chart,
This chart showed a bullish candle right off the lows in a megaphone pattern, with rising volume. Such a move usually indicates an imminent breakout, says an accompanying post on X.

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#DigitalCurrency