Home Blog Page 964

Exploring JetBolt: Disrupting Crypto With Zero Gas Tech And AI Utility

PR DESK
-
0
Exploring JetBolt: Disrupting Crypto With Zero Gas Tech And AI Utility

The crypto market is a mix of well-established projects and fleeting trends, with some tokens building groundbreaking ecosystems while others, like meme coins, thrive on hype. In this volatile crypto space, the emerging altcoin JetBolt (JBOLT) has turned heads by selling over 310 million tokens in its presale and the number keeps rising. This astonishing success has sparked curiosity among market observers: how is JetBolt disrupting crypto with zero-gas tech and AI utility?

JetBolt has become a hot topic in crypto discussions, drawing interest with its zero-gas transactions and other cutting-edge Web3 features. With innovations like an AI aggregator tool and a SocialFi system designed to enhance the blockchain experience, JetBolt could be reshaping how users interact with the Web3 realm.

Read on as we explore more of JetBolt’s revolutionary features.

Disrupting Crypto with Zero-Gas Tech

JetBolt stands out with its zero-gas technology, a game-changer in blockchain transactions. While most networks require users to pay fees for every interaction, JetBolt removes gas costs entirely by tapping into Skale’s scalable infrastructure.

Gas fees have long been a barrier to mainstream blockchain adoption, making simple transactions expensive and limiting user engagement. With zero-gas tech, JetBolt enables more seamless token transfers, dApp interactions, and Web3 exploration without extra gas charges.

This Skale tech innovation also benefits developers. Without gas fees, developers can possibly create and launch blockchain games, SocialFi platforms, and dApps on Skale. By eliminating these financial roadblocks, Zero Gas technology could reshape a future where users and developers can engage more freely in the digital economy.

JetBolt’s Web3 and AI Utility Feature

JetBolt’s rapid presale success is fueled by its cutting-edge technology. This rising altcoin has captured the crypto world’s attention with a suite of Web3 innovations designed for real-world utility.

Embracing the rise of artificial intelligence, JetBolt integrates an advanced AI-powered utility. This feature showcases snippets of crypto news and Web3 market trends, filtering content based on market sentiment.

JetBolt also introduces an intuitive Web3 wallet that’s easy to use for both beginners and experienced users. With WebAuthN integration and facial recognition, this unique innovation offers a seamless, self-custodial experience that removes reliance on third-party services.

More than that, JetBolt transforms staking by merging it with social engagement. At the core of this model is the Proof-of-Attendance protocol. By staking JBOLT tokens and interacting within the ecosystem, users unlock additional rewards, turning it into a potentially fun and rewarding experience.

JetBolt’s Momentum Continues to Grow

JetBolt’s presale continues to gain momentum, with over 310 million tokens already sold. The presale success is driven not only by JetBolt’s state-of-the-art Web3 features but also by its presale perks like Alpha Boxes and batch discounts, granting batch buyers with up to 25% extra tokens. Not to mention, buyers are heading to the JetBolt platform ahead of the presale’s daily price increase.

In a space often clouded by skepticism, JetBolt prioritizes transparency and innovation. JetBolt’s smart contracts and wallet systems have undergone third party audits. Moreover, a grant from the Skale Foundation further reinforces its credibility. With an operational ecosystem already in place, JetBolt could be emerging as one of the most exciting young tokens in the crypto market.

Final Thoughts: JetBolt Could Be the Next Crypto Gem

JetBolt is making its mark in the crypto space by combining cutting-edge technology with user-friendly solutions. Addressing major blockchain challenges, JetBolt introduces advanced Web3 features like AI utility and integrates zero-gas technology. With over 310 million tokens sold in presale, JetBolt’s soaring momentum and practical utilities could make it stand out as the next crypto gem amongst the young tokens in the competitive Web3 market.

For more information on JetBolt, visit the official JetBolt website.

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

$XNRV Token Launch Empowers Global Well Being Through Decentralized Neurotechnology And AI Driven Healthcare

PR DESK
-
0
$XNRV Token Launch Empowers Global Well Being Through Decentralized Neurotechnology And AI Driven Healthcare

In a bold step toward democratizing healthcare and empowering individuals worldwide, IST, LLC announces the launch of $XNRV, a new digital asset designed to fuel the XNRV.IO network and accelerate advancements in AI-driven neurotechnology. Building on a foundation of blockchain, hashgraph technology, Artificial General Intelligence (AGI), and Liquid Artificial Intelligence (LAI), $XNRV aims to redefine personal healthcare, expand market accessibility, and drive global well-being through decentralized innovation.

The XNRV project aims to develop AI-powered vagus nerve stimulation (aiVNS) with secure, decentralized technologies to provide individuals with real-time, adaptive neuromodulation therapies for cognitive enhancement, stress resilience, mental health support, and help restore a natural physiological balance. The introduction of $XNRV will help ensure that health optimization research is no longer controlled by centralized entities, instead, it will become an open, self-improving system that allows users to contribute, govern, and benefit from the evolution of intelligent neurotechnology.

“Health, innovation, and personal empowerment should be accessible to all, not just the privileged few,” said William Tyler, Ph.D., of IST. “$XNRV will help enable individuals to take control of their well- being while fostering a thriving, decentralized marketplace for AI-driven neuromodulation therapies. We are tokenizing our neurotechnology research and development into rapidly deliver effective new therapies in a transparent and highly efficient manner.”

Beyond its healthcare applications, the $XNRV is establishing public participation and developer pools to help fuel an ecosystem where researchers, developers, and users can collaboratively refine AI-driven neuromodulation protocols, contributing to a dynamic, self-sustaining health economy. By easing barriers to participation in decentralized clinical trials and integrating privacy-preserving AI models, XNERVE will enhance individual wellness while strengthening the collective intelligence driving the future of neurotechnology.

As global demand for decentralized, AI-powered health solutions grows, $XNRV represents a paradigm shift toward autonomous, transparent, and universally accessible neurotechnology, empowering markets, revolutionizing personal healthcare, and pioneering the future of human well-being.

For more information on $XNRV, XNERVE.IO, and the future of decentralized neurotechnology, visit website.

Twitter

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Savvy Investors Accumulate As Crypto Bottoms Out. Are You In?

PR DESK
-
0
Savvy Investors Accumulate As Crypto Bottoms Out. Are You In?

Cryptocurrency markets show signs of revival, drawing the attention of astute investors. As digital currency values hit their lows, many see this as a strategic buying opportunity. With a bull run gaining momentum, there is growing curiosity about whether now is the right time to jump on board. Readers are eager to discover the latest market trends.

Catzilla: Unleashing a New Era in Meme Coins

Greed? Challenged!

Crypto manipulators? Confronted!

Scammers? Exposed!

Catzilla, the ultimate hero in the world of DeFi, is here to take on corrupt systems and promote financial opportunities for all! With a spirit of innovation and community, Catzilla brings together crypto enthusiasts, meme fans, and investors in a collective pursuit of financial growth.

Moving Beyond Short-Term Projects

We’re committed to long-term value and growth. While others may offer empty promises, Catzilla aims to provide substantial potential with a structured presale starting at $0.0002 and progressing to $0.0016 over 14 stages. Early participants are able to grab the $CATZILLA token with a jaw-dropping 88% discount!

Triple Utility Benefits

The $CATZILLA token offers multiple utilities to enhance your crypto experience!

  1. Governance – Participate in shaping Catzilla’s future through community decisions.
  2. Incentives – Earn rewards for your engagement and support.
  3. Staking – Hold and stake your $CATZILLA tokens to potentially earn passive income.

Catzilla aims to create a new environment for those eager to join a collaborative and innovative crypto community. Whether you’re an experienced investor, a fan of memes, or someone who enjoys combining fun with financial opportunities, Catzilla offers a platform where creativity meets potential.

Join Catzilla in the journey toward a more transparent and inclusive crypto space! Together, we’ll explore new possibilities and aim for new heights!

Get your $CATZILLA and be part of the movement!

Solana Set for a Bounce: A Bull Run on the Horizon?

Solana is in a thrilling zone, with its price oscillating between $182 and $234. Current indicators show some hesitation, as its RSI is at 49.30, pointing towards a balanced buying and selling pressure. The 10-day moving average sits under the 100-day, suggesting some short-term bearish action. However, with a solid 39% gain over the past 6 months, Solana demonstrates remarkable resilience and potential for a surge. Watch for a breakthrough at the $266 level, as it could catapult Solana towards the $318 mark, marking a potential rise of nearly 36% from current levels. As bullish momentum builds, altcoin season could trigger this upward trajectory.

Uniswap (UNI): Ready for Takeoff Amid Market Swings?

Uniswap’s current price shows potential for growth after a dip. Priced between $7.64 and $11.76, it’s close to reaching a support level at $6.12. With RSI at 47.28, the coin isn’t overbought or oversold. Stochastic is high, pointing to strong momentum. UNI recently dropped nearly 20% over the past week and around 40% this month, but gained over 58% in six months. This suggests a volatile yet promising future. If it moves past the $14 resistance, it might reach $18.45, an increase of over 50% from the low end of the range. The MACD is slightly negative but could flip as interest returns. Stay alert for upcoming rallies.

Raydium (RAY) Poised for a Rebound: Eyes on Resistance Levels

Raydium’s price is fluctuating between $4.65 and $7.27. After a significant drop of over 24% in the past week, the altcoin is showing signs of potential growth. Its 6-month increase of 238% suggests strong long-term momentum. The current RSI near the middle range indicates no clear trend, but a Stochastic of 76.56 shows some bullish potential. If RAY breaks the resistance at $8.90, it could shoot for the next level at $11.52, a potential jump of over 58% from the current high of the range. Short-term swings might continue, but RAY’s overall trend remains promising for bullish investors.

Conclusion

While major coins like SOL, UNI, and RAY show limited short-term growth, Catzilla emerges as the ultimate meme coin hero offering financial freedom. With a potential 700% ROI during its presale and triple utility features, Catzilla invites enthusiasts to unite, profit, and join the battle against crypto villains.

Website

Twitter

Telegram Chat

Telegram News

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Volatility Creates Wealth. 5 Altcoins To Watch During Market Uncertainty

PR DESK
-
0
Volatility Creates Wealth. 5 Altcoins To Watch During Market Uncertainty

In the ever-changing world of cryptocurrency, fluctuating prices present a unique opportunity for investors. Navigating these shifts effectively can lead to significant gains. As the bull market gains momentum, attention turns to a selection of promising altcoins. Each holds potential for impressive returns amid market unpredictability. Unveil the possibilities by exploring these standout digital assets.

Catzilla Wrecks Chaos: The Meme Coin for Warriors of Crypto

In a world where financial freedom feels out of reach, a new opportunity emerges, Catzilla! Born from the frenzy of meme culture and set for explosive growth, this is the meme coin investors have been waiting for!

14 Stages. Limitless Potential

A legendary cat warrior with lives to spare, Catzilla offers you 14 chances to grab the power-packed $CATZILLA token before it goes public. Imagine leveling up your stash from Stage 1 to Stage 14, where your gains soar up to 700%! Catzilla evolves as the presale progresses, bringing you closer to financial victory with every step.

But beware, fellow warriors, the clock is ticking, and only the swift and the daring will secure their share of Catzilla’s unstoppable might.

Claim your share before Catzilla stomps the competition flat!

Cats Are Taking Over: Forget Dogs. It’s All About the Meow Money

The crypto world’s gone barking mad for years, but now it’s time for cats to claw their way to the top. MEW and Popcat are the latest feline sensations proving that dogs might fetch headlines, but cats bring home the gains.

  • MEW: Purring into the top 15 meme coins, this clever kitty pulled off a 103.7% climb in just three months
  • Popcat: This one didn’t just pounce, it soared, delivering a jaw-dropping 157.44% surge.

These aren’t just one-off flukes. Cats are on the prowl, staking their claim in the meme coin kingdom. And if you think MEW and Popcat are impressive, wait until Catzilla roars onto the scene. Forget chasing tails, this is where the real action is.

The Mission: Smash the Market. Rewrite the Rules

Catzilla is here to destroy the old systems that hold you back. It’s time to build a new world where you, the warriors of the crypto space, rise up and claim what’s yours. With every stage of this presale, the forces of profit grow stronger.

Time is running out, and the opportunity to join Catzilla’s army won’t last forever. The profits are set to explode, and only those brave enough to seize this moment will see their gains rise like a true anime hero’s power level.

Get in now, watch Catzilla wreck the market, and bring chaos to the competition!

Sei Blockchain: Speedy Trading and Security

Sei is a specialized blockchain designed for trading, marking itself as the first sector-specific Layer 1 blockchain. It offers a distinct advantage for exchanges with a strong focus on speed and security. Sei aims to execute a high volume of orders swiftly, boasting a transaction finality time of 380 milliseconds. Large institutions secure the network, ensuring robust safety measures. The technology’s promising features suggest substantial potential, and if predictions hold, Sei’s value could surge by 323.76% by 2030. In light of these capabilities and future growth projections, Sei appears to be an appealing option in the current market cycle. This positions it as an intriguing choice for those seeking advanced blockchain solutions in trading.

Kaia: Bridging Web2 and Web3 in Asia

Kaia is a powerful public blockchain focused on bringing Web3 to many people in Asia. It was created by merging the Klaytn and Finschia blockchains, originally from Kakao and LINE. These companies’ messaging apps, Kakaotalk and LINE, have over 250 million users combined. Kaia integrates with these apps, promoting easy Web3 access with familiar Web2 speed and ease. This facilitates connecting, creating, and collaborating within the Kaia ecosystem. The project aims to boost participation in the growing Web3 economy through its expansive user base. Kaia’s integration with popular apps could make it an attractive option in the blockchain market, especially within the Asian digital landscape.

XCN: Enabling Efficient Blockchain Networks for Modern Finance

XCN operates as a digital currency within the Onyx system. The main offering, Onyx Core, enables developers and institutions to create or engage with blockchain networks. This technology revolutionizes global asset movement. The Onyx Protocol standardizes asset operations on the network. It accommodates different asset types and ensures compatibility with other networks. The system is built to meet the speed and precision required by contemporary financial markets. Transactions are processed in milliseconds, reflecting its efficiency. XCN could be an attractive option in the current market cycle due to its technological foundation that supports diverse and secure financial applications. The interoperable quality of Onyx Core enhances its flexibility across various platforms.

Algorand: Speedy Blockchain with Smart Contract Capabilities

Algorand, introduced in 2019, is a cryptocurrency aiming to improve usability by offering fast transaction speeds and swift finalization times. It deviates from traditional blockchain designs and uses a proof-of-stake mechanism to lower operational costs. ALGO holders receive new currency with each block, making it attractive to investors. The platform supports creating smart contracts and tokens, appealing to developers of decentralized applications. The Algorand Foundation manages the protocol and is set to distribute up to 10 billion ALGO. The coin’s fast processing and enhanced features make it appealing in the current market, especially for those interested in cost-efficient and scalable blockchain solutions.

Conclusion

SEI, KAIA, XCN, and ALGO offer opportunities but have less short-term potential. Catzilla stands out as the ultimate meme coin hero, aiming for financial freedom for all. With a 700% ROI during its presale, starting at $0.0002 and rising to $0.0016 over 14 stages, and triple utility—governance, incentives, staking—it unites enthusiasts to fight crypto villains.

Website

Twitter

Telegram Chat

Telegram News

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

‘You Need Bitcoin More Than Bitcoin Needs You’, Says Binance’s CZ, as Saylor Warns: ‘Never Sell Your Bitcoin’

Mark Brennan
-
0
‘You Need Bitcoin More Than Bitcoin Needs You’, Says Binance’s CZ, as Saylor Warns: ‘Never Sell Your Bitcoin’

As Bitcoin captures global interest, Binance founder Changpeng Zhao (CZ) and MicroStrategy chairman Michael Saylor continue to share their unwavering support.

Here’s a closer look at their latest perspectives on Bitcoin, its future, and why they believe it’s more important than ever.

CZ: You Need Bitcoin More Than Bitcoin Needs You

Binance’s Changpeng Zhao has long been a vocal advocate for Bitcoin. His latest tweets show just how strongly he believes in its long-term potential.

In a tweet today, he shared an “unpopular opinion,” stating, “You need Bitcoin more than Bitcoin needs you.”

This perspective indicates the idea that Bitcoin, as a decentralized and self-sustaining system, does not rely on individual users or investors to survive or thrive. Essentially, it is bigger than any one person.

Meanwhile, in an earlier commentary, CZ emphasized Bitcoin’s permanence, saying, “Politicians change, Bitcoin stays.”

He believes Bitcoin represents a stable and immutable asset that individuals should prioritize in a world of changing government policies.

Notably, Zhao openly calls for governments to adopt Bitcoin as part of their strategic reserve. He humorously suggested that the last government to buy Bitcoin might face astronomical prices, depending on how much other countries print money to buy it first.

Essentially, if governments wait too long, they could be paying millions for a single Bitcoin.

Staying Focused: The Key to Bitcoin’s Success

Meanwhile, CZ has emphasized the value of holding Bitcoin for the long term. He noted that those who have held for over four years are largely profitable. “I do not know anyone who lost money on Bitcoin by holding for 4+ years,” he said.

However, he cautioned that past success does not guarantee future results. In parallel, CZ encouraged enthusiasts to stay focused, learn, and not be distracted by short-term market fluctuations.

Michael Saylor: Bitcoin is the Ultimate Store of Value

MicroStrategy chairman Michael Saylor, a renowned Bitcoin accumulator, is just as bullish as CZ on Bitcoin—or even more. Both see Bitcoin as much more than just a speculative asset.

In various tweets, Saylor reiterated his belief that Bitcoin is the ultimate store of value, stating simply, “Never sell your Bitcoin.”

He argues that Bitcoin should be viewed as property, especially in light of a recent DOJ argument suggesting money is not property. For context, the Department of Justice recently argued that money isn’t truly property, suggesting the government could seize it at will.

In his response, Saylor made a compelling case that Bitcoin is, in fact, property and should be protected as such.

Furthermore, Saylor promotes the idea of borrowing vast amounts to buy Bitcoin and calls for U.S. states to establish strategic Bitcoin reserves. For context, MicroStrategy itself holds over 471K BTC, investing more than $30 billion over the past four years.

His message is clear: Bitcoin is the future and is worth everything. Everyone will eventually want it, making it a smart long-term move. 

“Bitcoin is worth all the money in the world,” Saylor says, expressing confidence that, in the future, Bitcoin will be everyone’s priority. And by that time, it could be even more expensive.

How Legendary Ethereum Whales Secured Profit Before ETH Price Dumped Hard

Albert Brown
-
0
How Legendary Ethereum Whales Secured Profit Before ETH Price Dumped Hard

Market watcher Spot On Chain has observed that two dormant Ethereum whales moved $399 million in ETH to Bitfinex just hours before the market crash.

Ethereum experienced a significant downturn in the market, posting a 15% decline in the last 24 hours and a 17% drop over the past seven days. While the price of ETH now stands at $2,584, it initially tanked to $2,100 earlier today.

Notably, crypto market liquidations climbed to $2.4 billion today. Amid this shakeout, on-chain data indicates substantial whale activity around Ethereum just before the market sell-off.

Ethereum Whale Activity Precedes Market Crash

Data from Spot On Chain highlights the movement of two dormant Ethereum whale wallets that reactivated after six years. These wallets deposited 135,548 ETH, valued at approximately $399 million, to the Bitfinex exchange eight hours before the market downturn.

Notably, these wallets initially accumulated ETH at $153.65 per token on January 5, 2019, when their holdings were worth $20.8 million.

If the owners of these wallets sold their ETH at current market prices, they would have realized a $378.3 million profit, marking a +1,817% return. 

Their perfectly timed movements ahead of the broader market correction raised speculation over their potential impact on ETH’s decline.

Image

Ethereum Distribution Amid Recent Perfomance

A breakdown of Ethereum’s ownership distribution confirms changes in investor behavior for the week ending January 27, which aligned with the market crash. Long-term holders had increased by only +0.40%. 

Ethereum's Historical Concentration
Ethereum’s Historical Concentration

Meanwhile, mid-term holders surged by +4.69%, suggesting that more traders had shifted towards holding rather than short-term speculation.

Conversely, short-term traders had declined by -2.83%, reflecting a reduction in speculative trading activity.

Bearish Sentiment in The Derivative Market

Amid the holder activity, the ETH derivatives market has seen a notable decline in open interest, dropping by 26.42% to $23.21 billion. This reduction reflects significant liquidations and bearish sentiment, with traders shifting their positions accordingly.

The long-to-short ratio now stands at 0.9084, suggesting an increase in short positions relative to longs.

Ethereum ETH Derivatives Data Analysis
Ethereum ETH Derivatives Data Analysis

Meanwhile, the OI-Weighted Funding Rate for ETH has declined to 0.0221, signaling reduced bullish support and growing selling pressure. This shift in sentiment underscores the heightened volatility and uncertainty surrounding Ethereum’s short-term price movement.

The Market Crashed, But Long-Term Bitcoin Holders Remain Largely Unaffected: Glassnode

Mark Brennan
-
0
The Market Crashed, But Long-Term Bitcoin Holders Remain Largely Unaffected: Glassnode

Bitcoin long-term holders continue to reap the reward of their diamond-handed approach, with the latest crash barely affecting their profitability.

The pioneering cryptocurrency experienced considerable sell-offs among investors due to market uncertainties. Spurred by growing uncertainties about the outcome of Donald Trump’s tariffs on imports from Mexico, Canada and China, users fled to caution.

Meanwhile, the macroeconomic headwind pushed Bitcoin to an intraday low of $91,281 today before rebounding considerably from the region. Nonetheless, the price struggle wiped over $2.22 billion from the crypto market in 24 hours.

Amid the uncertainties, long-term holders (LTHs)—wallets that have held Bitcoin for at least 155 days—have remained largely untroubled, according to Glassnode. The unique wallet addresses were almost exempted from the crash, as their stash barely recorded losses.

Less Than 0.01% of Diamond Hands in Loss

Notably, just a negligible fraction of long-term holders felt the dip. Per Coinglass, less than 0.01% of wallets in that category were at a loss.

Long-Term Bitcoin Holders

Notwithstanding, the LTHs saw their unrealized profits decline substantially. This trend has contributed to the decline in profitability among these diamond-handed wallets since November, with their profit shares now at their lowest levels in five months.

The analysis suggested that a slowdown in new accumulations among LTHs caused this trend, which could reverse immediately if they resumed buying. Meanwhile, Coinglass suggested that until then, short-term holders will dictate the market structure.

Short-Term Holders in the Red

Short-Term Bitcoin Holders

In contrast, data from Coinglass shows that Bitcoin’s drop below the psychological $100,000 price mark caused short-term holders (STHs) to suffer a considerable loss. At $97,000, the supply held by these addresses was evenly split between profit and loss.

The group’s profit-to-loss ratio stood evenly at 11%, with the dip sparking the largest loss exposure for short-term holders since early last month. The last time this class of addresses saw such distribution was during Bitcoin’s crash to $89,397 on January 13.

In the meantime, Bitcoin continues to show signs of price weakness. The asset trades at $94,893, down 3% in the past 24 hours.

Shiba Inu at $0.000011: Why This Expert Is Buying More and Predicting a Moonshot

Lele Jima
-
0
Shiba Inu at $0.000011: Why This Expert Is Buying More and Predicting a Moonshot

A popular crypto enthusiast expresses excitement about purchasing Shiba Inu (SHIB) at a discounted price following the latest market downturn. 

The broader crypto market experienced one of its biggest downturns in recent times. Shiba Inu had its fair share of the dip, with its price crashing 30.27% from an intraday high of $0.00001764 to a low of $0.0000123. 

While the latest dip saddened many investors, others saw it as an opportunity to grow their SHIB holdings. Famous crypto enthusiast Thom Sieloff was among the Shiba Inu investors who took advantage of the latest dip to buy more SHIB.

Sieloff took to X to disclose his recent purchase, expressing disbelief at how the price of SHIB crashed to $0.000011. 

Expert Ready to Ride with Shiba Inu to the Moon 

Following his accumulation, Sieloff echoed that his ‘bags [are] packed and heading to the moon,’ indicating his bullish outlook for Shiba Inu. The user attached a GIF to the post, showing an astronaut riding on a rocket to the moon, reflecting his readiness to ride with SHIB to higher targets.

This implies that Sieloff expects SHIB’s price to spike significantly in the future. In the meantime, SHIB has rebounded above the $0.000014 mark. CoinMarketCap data shows that SHIB is trading at $0.00001407, down 20.19% over the past 24 hours and 42.05% in one month. 

Investors Remain Optimistic About SHIB’s February Performance Despite Recent Dip 

Amid the recent downturn, 835,440 blockchain addresses holding SHIB, representing 58.08% of all on-chain addresses, are at a loss.

Also, about 581,900 addresses (40.45%) are profitable, while the remaining 1.47% (21,080 addresses) are neither profit nor loss but at breakeven. 

Shiba Inu Profitable Addresses
Shiba Inu Profitable Addresses

Despite the recent dip, many are hoping that Shiba Inu ends the month of February in green, as it has in past years. Data from CryptoRank shows that Shiba Inu has historically experienced growth in February. 

For instance, in February 2022, Shiba Inu registered a growth rate of 20.3%. Meanwhile, SHIB’s price spiked by only 1.59% in February 2023 but registered a 41.23% uptick in February 2024.

Currently, SHIB is down 25% month-to-date, bringing its February average average growth rate to 9.56%, with a 10.9% median. 

Shiba Inu February Performance
Shiba Inu February Performance

Here’s How Ethereum and Bitcoin ETF Products Fared in January 2025

Mark Brennan
-
0
Here’s How Ethereum and Bitcoin ETF Products Fared in January 2025

Glassnode offers insights into Ethereum and Bitcoin ETF flows for January 2025.

Despite several positives, such as President Donald Trump’s inauguration and the resulting pro-crypto regulatory shifts, January 2025 was a turbulent month for crypto, filled with several wild price swings.

Following the wild ride, prominent crypto analytics platform Glassnode has offered insight into how investors reacted with spot Bitcoin and Ethereum exchange-traded funds (ETF) data for the month.

Bitcoin ETFs

Despite January’s turbulence, there appears to have been no significant shift in Bitcoin investor sentiment, at least according to ETF flows for the month.

Per Glassnode data shared on Monday, February 3, these investment products saw net inflows totaling about 45,100 BTC worth about $4.26 billion at current prices in January 2025, only slightly less than the 45,600 BTC worth roughly $4.3 billion in December 2024.

Chart showing net monthly flows into Bitcoin ETFs
Chart showing net monthly flows into Bitcoin ETFs. Source: Glassnode

As highlighted by the firm, BlackRock maintained its record of seeing the most inflows with about 26,100 BTC worth about $2.5 billion, followed by Fidelity with 12,400 BTC worth roughly $1.2 billion. Meanwhile, Grayscale saw outflows totaling 4,000 BTC, about $378 million.

Ethereum ETFs 

Unlike their Bitcoin counterparts, interest in Ethereum ETF products took a massive dive in January 2025.

Specifically, net inflows to spot Ethereum ETFs dropped from over 544,000 ETH worth roughly $1.4 billion to below 11,000 ETH worth about $27 million.

The dive followed significant outflows from products issued by Grayscale, Fidelity, and Bitwise. The products issued by these firms saw outflows of 73,000 ETH worth over $187 million, 43,000 ETH worth over $110 million, and 17,000 ETH worth about $43.6 million, respectively.

Chart showing monthly flows into Ethereum ETFs
Chart showing monthly flows into Ethereum ETFs. Source: Glassnode

This wave of outflows was only offset by over 145,000 ETH worth nearly $372 million in inflows recorded by BlackRock.

Meanwhile, the crypto market is off to another rocky start in February 2025 amid Trump’s tariff decision.

Analyst Who Predicted Latest XRP Crash Now Identifies What Could Come Next as XRP Holds $2

Mark Brennan
-
0
Analyst Who Predicted Latest XRP Crash Now Identifies What Could Come Next as XRP Holds $2

A market analyst who accurately predicted the recent XRP crash now identifies what could come next as prices stabilize.

For context, the broader crypto market recently witnessed a sharp downturn, leading to over $2.2 billion in liquidations within 24 hours. This marked the worst liquidation event since the collapse of FTX. 

The crash came from growing concerns over a potential trade war following U.S. President Donald Trump’s decision to impose high tariffs on imports from Mexico, Canada, and China.  

Amid the chaos, XRP suffered a drop, falling below the $3 level it had maintained since mid-January. At its lowest, XRP touched $1.7 before rebounding to trade above $2. Despite this recovery, the asset is down 15.73% over the past day.  

Initial XRP Price Prediction and Future Outlook  

Interestingly, before this drop, market analyst EGRAG previously warned about a possible XRP downturn at a time when XRP traded at the lower end of the $3 mark.

In his initial Jan. 29 analysis, he noted that a 40% price drop was likely, citing a bearish “shooting star” candlestick formation on the monthly timeframe. He explained that this pattern often leads to bearish trend reversals.

EGRAG Predicting XRP Crash
EGRAG Predicting XRP Crash

EGRAG highlighted that for XRP to avoid massive losses, trading volume needed to reach at least a medium level. He also pointed out that if the next candle closed below $1.83, a stronger downtrend could take place. 

This prediction appears to have materialized, with XRP eventually collapsing to a new yearly low of $1.76 during the latest crash. Following the crash, EGRAG has now presented his future outlook. He noted that bulls were actively buying the dip, helping the price stabilize. 

The market analyst now sees $3 as the next major target. He believes a new bullish wave could begin if XRP reclaims this level. His chart suggests that the altcoin recently bounced off a support trendline when it recovered from the drop below $2, confirming the case for a potential rebound.  

The Mechanics Behind the Latest XRP Crash 

Meanwhile, market analyst Dom also discussed what exacerbated the recent XRP drop. He revealed that the order book had little liquidity as market makers withdrew bids. 

Notably, as a result, when around $300 million in sell orders flooded the market, there were no immediate buyers to absorb the selling pressure. This led to a sharp price collapse.  

He compared the situation to the 2020 Bitcoin crash, where BitMEX halted trading to prevent BTC from dropping to lower levels. In XRP’s case, with an empty order book, heavy selling pressure pushed the price down rapidly until it reached areas with resting buy orders.  

However, Dom pointed out that XRP rebounded quickly after the crash. Within an hour, the price surged 29% as the order book was wiped clean. He explained that once the forced selling stopped, prices floated back up, much like a vacuum effect.  

Anbessa’s Perspective on XRP’s Next Move  

Another market analyst, Anbessa, stated that XRP was attempting to hold above its mid-range support level. He had previously expected consolidation around this region before any major movement.  

XRP 3D Chart Anbessa
XRP 3D Chart | Anbessa

Anbessa noted that XRP was showing resilience despite the recent downturn. He emphasized that the bull market was still intact and dismissed concerns from skeptics. According to him, XRP is now consolidating, and traders should look for a safe entry. 

He suggested that reclaiming $2.45 would present a favorable buying opportunity. At press time, XRP changes hands at $2.34, with volatility dropping to lower levels. A resurgence of buying activity could push prices back above $2.45, giving the bulls an avenue to aim for $3.

1...963964965...2,657Page 964 of 2,657