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At the beginning of 2025, there are multiple reasons to maintain optimism for BTC and crypto
Hedera gains 5% in a day, supported by robust technicals like rising ADX and Ichimoku Cloud signals. HBAR nears key $0.40 resistance.
Quick Take President-elect Trump’s X and Truth Social accounts have promoted an ‘Official Trump Meme’ memecoin, which reached a market cap of over $9 billion within three hours of launch. The memecoin appears to be associated with the same entity that launched Trump’s NFT trading cards, which will receive 80% of the tokens over 3 years, with only 10% reserved for a public distribution. Industry leaders celebrated Trump’s imminent inauguration at a ‘Crypto Ball’ in D.C. on Friday night.
Quick Take Ethereum co-founder Vitalik Buterin, in a post on X, said “large changes” to the leadership structure of the Ethereum Foundation (EF) are underway. Buterin outlined goals of improving communication and better supporting Ethereum’s developer community, but said the EF’s core mission will not change. The post comes as fellow Ethereum co-founder Joseph Lubin called for new leadership at the EF, floating two names to replace current director Aya Miyaguchi.
Litecoin gains 12% in 24 hours, with a golden cross and bullish momentum driving its rally. RSI and CMF show strong investor confidence.
- 01:27Bitwise CIO predicts that the US SEC may approve 5 cryptocurrency ETFs this yearBitwise's Chief Investment Officer Matt Hougan stated that US regulators may approve up to five different digital asset spot ETFs this year. However, to achieve this goal, he stated that the SEC needs to cross the regulatory "Rubicon". In addition, Bitwise has submitted the S-1 document of the Dogecoin ETF to the US SEC and listed Coinbase Custody as the proposed custodian of the spot Dogecoin ETF. However, Bitwise's document does not specify the proposed fees and trading codes of the ETF, nor does it specify which securities exchange it will be listed on if approved.
- 01:27India re-examines cryptocurrency stance due to global changesAccording to Reuters, Indian Minister of Economic Affairs Ajay Seth stated in an interview that India is reviewing its stance on cryptocurrency due to the changing attitudes of other countries towards cryptocurrency. This review comes after US President Trump announced a friendly policy towards cryptocurrency, which may further delay the release of the cryptocurrency discussion paper originally scheduled for September 2024.
- 01:26Real-time market morning report: NEAR price breaks through $3.618/coin, up 3.19% intradayBitget data source, NEAR Protocol latest price news, NEAR real-time price up 3.19% to 3.618 dollars, trading volume 429 million dollars Based on the analysis of the K-line chart, it is currently in a fluctuating trend. It has slightly increased compared to 22:00, slightly decreased compared to 21:00, rebounded slightly compared to 17:00, and decreased slightly compared to 14:00. The price has fallen but the trading volume has increased, usually indicating intensified selling pressure and sellers are actively selling. This may be due to the market's pessimistic attitude towards future prices or panic selling triggered by negative news. In this case, future prices may continue to fall due to high selling pressure and low market sentiment. Investors need to pay attention to whether the price will fall below the key support level. If the support level is breached, it may lead to a larger decline. The market is hot, but the price is falling. The William indicator indicates that there is no overbought or oversold state now. Recently, the trading volume has increased, with an increase in trading volume compared to the previous few hours, a decrease in price, and an increase in trading volume: selling pressure has increased. The increase is small, selling pressure still exists, it is recommended to continue to observe and wait for the market to further clarify. The above content is for reference only and does not constitute investment advice.