Injective (INJ), a decentralized first-layer blockchain, reached a peak of $26, marking a significant increase in recent weeks. The main reason for this surge was the Injective 3.0 update, approved by 99.99% of community members. The new version introduces deflationary mechanisms aimed at reducing the total supply of tokens, which developers believe should increase their value and attractiveness to investors.
Injective 3.0 implements enhanced features for DeFi applications, simplifies integration with Web3, and offers a broader set of tools for developers. The update makes the platform more competitive, expanding opportunities for users and projects built on INJ.
Since its launch, the project has been supported by major venture investors, including Binance Labs and Pantera Capital. This enhances trust in the platform and stimulates growing interest in the token.
However, experts remind us of the high volatility of the cryptocurrency market, emphasizing the importance of a measured approach when investing in INJ and similar tokens.
MicroStrategy, a company known for its aggressive strategy of investing in Bitcoin, recently acquired an additional 1,070 BTC for approximately $101 million. According to a report filed on January 6, 2025, with the U.S. Securities and Exchange Commission (SEC), the average purchase price was $94,004 per Bitcoin. This purchase increased the total amount of Bitcoin owned by the company to 447,470 BTC, acquired for a total cost of $27.97 billion, including fees and expenses, averaging $62,503 per Bitcoin. At current market prices, the value of these assets exceeds $44 billion, which accounts for about 2.1% of the total fixed supply of Bitcoin at 21 million coins. MicroStrategy continues to actively increase its cryptocurrency reserves despite market volatility, demonstrating confidence in the long-term potential of Bitcoin.
In recent days, Dogecoin (DOGE) has shown significant growth, driven by the activity of large holders and positive technical indicators. According to analyst Ali Martinez, on January 3, 2025, large investors acquired more than 1.08 billion DOGE, equivalent to approximately $413 million. The next day, one of the large holders transferred 5 billion DOGE (around $2 billion) to an unknown address, becoming the fourth largest holder of this cryptocurrency.
The analytical platform Santiment notes an increase in the number of transactions with Dogecoin for amounts exceeding $1 million over the past week. Technical indicators also suggest a possible increase in the value of DOGE. The Relative Strength Index (RSI) rose above 70, indicating a strong bullish momentum. Additionally, the price of DOGE has surpassed the 50-day and 200-day moving averages, which is typically seen as a buy signal.
However, experts warn of potential volatility and advise investors to exercise caution, considering the historical volatility of the cryptocurrency market.
Attorney John Deaton, known for his support of cryptocurrencies, is urging the U.S. Congress to investigate the actions of the Federal Deposit Insurance Corporation (FDIC). He claims that the FDIC may be abusing its powers by preventing banks from providing services to cryptocurrency companies.
Deaton refers to reports that the FDIC is allegedly pressuring banks to avoid working with firms related to digital assets. He believes that such actions may be illegal and require thorough investigation by Congress.
The FDIC is responsible for maintaining stability and public confidence in the U.S. financial system by insuring deposits and overseeing financial institutions. However, according to Deaton, its actions regarding cryptocurrency companies may exceed its mandate and hinder innovation in the financial sector.
Deaton urges lawmakers to pay attention to this issue and ensure that regulators do not exceed their authority, especially concerning the rapidly evolving digital asset industry.
Solana and Sui: A New Phase of Growth and Long-Term Prospects.
Famous macroeconomist and CEO of Real Vision Raoul Pal expressed optimism regarding the cryptocurrencies Solana (SOL) and Sui (SUI), noting their long-term potential.
According to Pal, Solana, ranked fifth by market capitalization, is showing a bullish trend on longer time frames. He emphasized that SOL recently broke through an important resistance level that had persisted for more than four years. For Solana to continue its growth, it must stay above the peak of November 2021, which exceeds $250. Pal set a target at $410, corresponding to the Fibonacci ratio of 1.618.
The U.S. Department of Justice (DOJ) announced the near-complete restitution of losses to 40,930 investors affected by the largest financial pyramid scheme in history, orchestrated by Bernard L. Madoff. Over the past ten years, more than $4.3 billion has been paid out.
Madoff, using a Ponzi scheme, defrauded investors from 127 countries out of approximately $65 billion, promising high returns through his company, Bernard Madoff Investment Securities. The scheme collapsed in 2008 during the global financial crisis when investors began to withdraw their funds en masse. In 2009, Madoff was sentenced to 150 years in prison and died in 2021 at the age of 82.
The DOJ managed to recover about $2.6 billion through civil suits for the forfeiture of Madoff's property, his brother's, and other accomplices. An additional $1.7 billion was obtained after settling claims against JPMorgan Chase, which was accused of failing to meet its obligations as Madoff's primary bank.
Acting U.S. Attorney Edward Y. Kim noted that nearly 94% of the losses of the 40,930 victims were compensated, emphasizing the department's commitment to protecting the interests of the victims, regardless of the complexity of the task and the time spent.
Dogwifhat (WIF) is a meme token on the Solana blockchain, inspired by the popular Shiba Inu image. Its current price is $2.16, and its market capitalization is $14.3 million, indicating investor interest and growing trading volume.
Technical Analysis:
Support Levels: $1.50 and $1.00.
Resistance Levels: $2.50 and $3.00.
Fundamental Factors: The popularity of memes and low fees on the Solana blockchain make WIF an attractive asset. However, high volatility and lack of fundamental value increase risks.
Cardano (ADA) is a decentralized blockchain-based platform focused on creating smart contracts and decentralized applications (dApps). Its unique architecture and scientific approach to development attract the attention of investors and developers. Current Market Position:
BOOK OF MEME (BOME) is a meme token on the Solana blockchain, created to preserve digital meme culture. Its current price is $0.00696, with volatility within the range of $0.00650–$0.00750.
Technical Analysis:
Support Levels: $0.00650 and $0.00590.
Resistance Levels: $0.00750 and $0.00880.
Fundamental Factors: BOME is popular due to meme culture and the technological foundation of Solana, which provides fast and cheap transactions. The main risk is high volatility.
"The Return of XRP: How Ripple Overtook USDT Again and Strengthened Its Market Position"
XRP, the native token of Ripple, has once again taken the third place among the largest cryptocurrencies by market capitalization, overtaking the stablecoin USDT.
According to CoinMarketCap, at the time of publication, the price of XRP is about $2.45. The market capitalization of the asset has reached $140.63 billion.
For several years, the development of Ripple and its token has been complicated by a lawsuit with the US Securities and Exchange Commission (SEC), which accused the company of illegally selling unregistered securities. However, the successful resolution of some legal issues has increased investor confidence, which has contributed to the growth of the cryptocurrency's value.
"Artificial Intelligence and Blockchain: How AI Cryptocurrencies Will Change the Market in 2025"
The cryptocurrency market has seen a significant increase in interest in artificial intelligence (AI) projects in recent months. Following the recent market correction that saw Bitcoin (BTC) fall to $91,000, AI project tokens have been showing impressive momentum. Virtuals Protocol (VIRTUAL): Growth Leader
Bitcoin to $300,000: What awaits the market in 2025?
Experts predict that Bitcoin could reach $300,000 by the end of 2025. This optimism is based on several key factors. First, the US is actively buying up cryptocurrency through institutional investors, increasing demand. Second, China is expected to return to the cryptocurrency market in 2025, which could also stimulate growth.
Current situation (as of January 3, 2025): The Jito (JTO) price is $2.99, with a daily low of $2.99 and a daily high of $3.26. The capitalization level shows moderate dynamics, confirming the interest of market participants in the token. Forecast for 2025 Based on technical analysis and assessment of market factors:
1. Pudgy Penguins (PENGU) Current price $0.0376, recently peaked at $0.070. A potential rise above $0.040 may continue the upward trend, while a drop below $0.029 could weaken it.
2. Fartcoin (FARTCOIN) A provocative meme coin with a market capitalization of $1 billion. It increased by 37% in the last 24 hours, reaching $1.39. Holding above $1.30 may bolster buyer confidence; otherwise, a correction is possible.
3. Pepe (PEPE) Avoided the sharp declines typical of other meme coins. The price increased by 7%, reaching $0.00002063. A 50% rise is needed to repeat the historical peak. It is crucial to maintain support above $0.00001785.
4. SPX6900 (SPX) Current price $0.98. Breaking through resistance at $1.19 could trigger new growth, while a drop below $0.91 may lead to a decline to $0.70 or lower.
5. Turbo (TURBO) In a consolidation phase for over two months. An attempt to break through resistance at $0.013 could lead to a rise to $0.020. The first meme coin created using AI stands out for its innovation. #CryptoNews #pengu #SPX