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Cryptocurrency News Articles
Bitcoin (BTC) Price Predictions and Market Analysis New Year's Eve 2021
Jan 01, 2025 at 02:44 am
Cryptocurrency markets are trading relatively flat on New Year's Eve, with Bitcoin exchange netflows significantly lower.
Cryptocurrency markets traded relatively flat on New Year’s Eve, with Bitcoin exchange netflows significantly lower.
CoinDesk’s analysis of on-chain data for December 31 at press time:
Bitcoin prices remained relatively flat on New Year’s Eve, with minimal movement in either direction. This scenario is just as in the prior three cycles when Bitcoin saw corrections at this point after the halving, CoinDesk analyst James Van Straten noted.
With Bitcoin prices remaining flat on New Year’s Eve, crypto trader Jelle predicted a larger move ahead.
Bitcoin's price moved upward as anticipated, with further short-term upside likely. However, the overall corrective pattern to the downside appears incomplete. This movement aligns with the “yellow scenario,” with a break above $97,450 further confirming this trajectory.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- XRP: A Digital Currency Designed for Cross-Border Payments
- Jan 06, 2025 at 12:55 am
- XRP, often recognized for its connection to Ripple, stands out in the world of cryptocurrencies due to its unique features and ambitious goals. Unlike Bitcoin or Ethereum, which focus on decentralization and smart contract capabilities, XRP was specifically created to revolutionize cross-border payments and improve the efficiency of financial transactions on a global scale.
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- Solana (SOL) Price Prediction 2025: Will SOL Hit $4000 as Ethereum (ETH) Rival Forms Bullish Pattern?
- Jan 06, 2025 at 12:55 am
- A closely followed crypto analyst has shared bold predictions for Solana (SOL), suggesting the Ethereum (ETH) rival is forming a bullish “cup-and-handle” pattern that could lead to a massive price surge.
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- X Money: Exploring Cryptocurrency Options to Enhance User Transactions
- Jan 06, 2025 at 12:45 am
- X, formerly known as Twitter, is evolving into a multifaceted platform under Elon Musk's vision. Among its ambitious projects is X Money, which aims to integrate cryptocurrency to enhance user transactions.
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- 1Fuel Emerges as the Best Cryptocurrency to Invest in 2025, Surpassing AVAX and TRX
- Jan 06, 2025 at 12:45 am
- The crypto market has been favorable to blockchains that have played a role in growing crypto market adoption, especially by onboarding more users through novel use cases such as Tron (TRX) and Avalanche (AVAX).
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- Which Altcoin Will Spearhead the Next Crypto Charge? Will Solana's Ecosystem Dominance, XRP's Legal Wins, Pepe Coin's Meme Magic, or JetBolt's Groundbreaking Features Take the Spotlight?
- Jan 06, 2025 at 12:45 am
- As Ripple's XRP maintains momentum at $2.26, Solana (SOL) and Pepe coin (PEPE) both take a tumble to $186 and $0.00001796, respectively.