The "promising company" mentioned by Musk has reached a major agreement! Together with partners, they will build a giant AI datacenter.
Goodbye bitcoin, hello AI! Digital currency miners continue to send this signal. Technology company Lancium and one of the largest bitcoin mining companies in the USA, Crusoe Energy Systems, announced a deal worth billions of dollars on Thursday morning. The plan is to build a 200-megawatt datacenter in the suburbs of Houston, Texas, USA, and this is just the first phase of a larger 1.2 gigawatt datacenter construction plan.
Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Crypto – European Wrap 18 July
Bitcoin (BTC) faces resistance and stalls at around the $65,000 mark on Thursday, while on-chain data indicate a rise in holdings among short-term investors, coupled with a slight increase in inflows at US spot Bitcoin ETFs.
Crypto Market Cools off After Spurt
The cryptocurrency market has pulled back 0.7% to $2.37 trillion from local extremes in the last 24 hours while remaining around highs. This looks like localised profit-taking after the rally, but not exhaustion.
The number of listed cryptocurrencies on major exchanges has exceeded the total amount in 2023.
CCData, a cryptos market data provider, found that different exchanges have different strategies. Since early 2023, the number of new tokens listed on Bybit has increased by 83% in exchanges with high trading volume. Coinbase, on the other hand, is the most conservative, with an increase of only 8.2% in the number of new tokens listed during the same period.
Cryptocurrencies Price Prediction: Ethereum, Dogecoin & AI Tokens — Asian Wrap 18 July
Ethereum (ETH) is down 1% on Wednesday as issuers began filing their final spot ETH ETF S-1 drafts with the Securities & Exchange Commission (SEC) in anticipation of a launch on July 23.
Bitcoin to rise another 60% by the end of the year? Blockchain experts said the price could reach $100,000 this year.
Benefiting from Trump's trade, the price of bitcoin rebounded and experts continue to have a bullish outlook on the cryptocurrency.
AI Tokens Rally Following Grayscale's Decentralized AI Fund Launch
Grayscale launched its Decentralized AI Fund on Wednesday, allowing investors to gain exposure to the price of AI-focused cryptocurrencies. Following the announcement, the general market cap of AI tokens rose by nearly 4%.
Cryptocurrencies Price Prediction: Ripple, Binance & Cryptos – American Wrap 17 July
Ripple (XRP), XRP Ledger’s native token, extended gains by nearly 7% on Wednesday. The sixth largest asset by market capitalization rallied for the tenth consecutive day and erased all losses from the last 99 days.
Crypto Today: Bitcoin Advance Propels Market, Ethereum and XRP Extend Gains Amidst Altcoin Push
Bitcoin trades above $65,000 on Wednesday, with the largest cryptocurrency sustaining recent gains as sentiment among crypto traders remains positive.
Trump reveals plans to return to the White House with policies including low interest rates, tax reduction, and support for cryptos.
Trump said that 'Trump Economics' is equivalent to low interest rates and low taxes, and his goal is to make the economy great again through the Trump Economic Plan.
Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Crypto – European Wrap 17 July
Bitcoin (BTC) trades slightly up at the time of writing on Wednesday, rising by 0.14% at $65,158 after closing above the daily resistance level of $64,913 the day before.
Bitcoin Price Holds the $65,000 Level as ETFs Report the Largest Inflow in a Month
Bitcoin (BTC) trades slightly up at the time of writing on Wednesday, rising by 0.14% at $65,158 after closing above the daily resistance level of $64,913 the day before.
Zhongtai International's Li Xunlei: Focusing on low-risk, high-yield assets and treating high-end baijiu cautiously.
In terms of future allocation, low-risk assets with stable returns and relatively high dividend ratios are the main focus, whether they are national bonds, high-dividend stocks of central enterprises with high market cap in equity assets, or gold.
Crypto Market Reversal Saves XRP and Litecoin From Collapse
The crypto market is recovering faster than it was falling, adding another 2.4% in 24 hours to $2.4 trillion. Bitcoin has rallied 15% since Saturday, now testing $66K. Ethereum is trying to cross $3500. Among the top coins, XRP stands out, soaring 12% in a day and 38% in 7 days, taking out Solana with its more modest 3.4% rise in a day.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin Surpasses $65,000 Mark
Bitcoin (BTC) closes above the daily resistance level of $64,900, with Ethereum (ETH) and Ripple (XRP) subsequently breaking through their resistance levels, indicating an emerging bullish trend.
Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Worldcoin — Asian Wrap 17 July
Dogecoin (DOGE) is up 1% on Tuesday, as a recent analysis shows that its price is following similar patterns to top cryptocurrencies like Bitcoin, Ethereum, and Solana.
Cryptocurrencies Price Prediction: Ethereum, Worldcoin & Meme Coins – American Wrap 16 July
Ethereum (ETH) is up nearly 2% on Tuesday following predictions from Bitwise chief investment officer (CIO) Matt Hougan that ETH ETFs could help push ETH to a new all-time high above $5,000. Other predictions from Citi Bank and trader Peter Brandt also align with Hougan's position.
Ethereum ETFs Will Catapult ETH to New All-time High: Bitwise
Ethereum (ETH) is up nearly 2% on Tuesday following predictions from Bitwise chief investment officer (CIO) Matt Hougan that ETH ETFs could help push ETH to a new all-time high above $5,000. Other predictions from Citi Bank and trader Peter Brandt also align with Hougan's position.
Crypto Today: Bitcoin, Ethereum and XRP Rally as Meme Coins PEPE, WIF, FLOKI Make Double-digit Gains
Bitcoin resists sell-off even as news of Kraken exchange users gearing to receive Mt.Gox transfers makes headlines. The largest asset by market capitalization sustained above key support and trades above $63,800 on Tuesday.
Cryptocurrencies Price Prediction: Maker, Dogwifhat & Crypto – European Wrap 16 July
Maker (MKR) extended gains by nearly 33% in the past seven days, as seen on Binance. On-chain data shows that even as Maker holders take profits on their MKR holdings, the governance token sustains above key support.