ILV/USD
 Prices in  
Price Statistics
Price
$ 32.01
Market Cap
$ 233.68 M
24H Change
$ -1.44
-4.32%1H Change
0.00%
24H Range
ILV Info
Launch Date: | March 21, 2021 |
Website: | illuvium.io |
White Paper: | Read |
Twitter: | illuviumio |
ILV News
XRP News: Is Ripple Vs. Bitcoin The New Threat In Crypto After US SEC?
In the latest XRP news, Ripple has faced massive criticism from prominent figures in the crypto market amid rumors over a potential US XRP Reserve. With the US SEC no longer serving as a common adversary, Bitcoin maximalists have turned their frustration toward Ripple. Prominent figures in the industry call this rift the next big threat, sparking debates over a potential Ripple vs. Bitcoin war. XRP News: Ripple Vs Bitcoin Is Focus Amid Trump’s Crypto Reserve Plan In the latest XRP news, the speculation around a US national crypto reserve has added fuel to the growing tension of the Bitcoin maxis. President Donald Trump hinted at moving away from a Bitcoin Strategic Reserve toward a broader crypto reserve. This has raised suspicions about XRP becoming part of the national balance sheet, sparking a Ripple Vs Bitcoin war. Notably, following this, a flurry of Bitcoin maxis and prominent crypto figures have slammed Ripple. FOX journalist Eleanor Terrett described the situation as “open warfare” between crypto communities, highlighting the unprecedented hostility. Besides, she also questioned that as the US SEC thread diminished under Trump’s pro-crypto era, the crypto communities started “warring” among themselves. Meanwhile, Bitcoin Magazine urged its followers to reject XRP, stating, “Bitcoin only” on America’s balance sheet. Similarly, Exodus co-founder JP Richardson expressed his belief that Bitcoin, not XRP, should preserve national wealth. Source: JP Richardson, X Adding to the criticism, Julian Fahrer of Apollo Sats labeled Ripple’s ecosystem an “insider trading operation.” Jack Mallers, CEO of Strike’s parent company Zap, accused Ripple of undermining Bitcoin and lobbying aggressively against the Bitcoin Strategic Reserve. Source: Julian Fahrer, X Ripple Faces Criticism For ‘Lobbying’ Efforts Ripple faces immense criticism amid speculations over a potential US XRP Reserve . Riot Platforms VP Pierre Rochard accused the firm of advancing its agenda at Bitcoin’s expense. Rochard claimed Ripple targeted Bitcoin mining during the Biden administration and alleged it anticipated Kamala Harris’s support for a CBDC built on its platform. Messari Crypto co-founder Ryan Selkis echoed similar concerns, accusing Ripple of lobbying to derail the Bitcoin Strategic Reserve. Selkis argued that XRP’s inclusion in a national crypto reserve undermines Bitcoin’s credibility, calling it unnecessary. Brad Garlinghouse and Pro-XRP Enthusiasts Comes In Support Ripple CEO Brad Garlinghouse dismissed allegations of undermining Bitcoin. He argued Ripple’s lobbying supports innovation and increases the likelihood of a balanced strategic reserve, potentially including Bitcoin. Garlinghouse reiterated Ripple’s commitment to advancing the US crypto landscape. While critics remain vocal, Flare co-founder Hugo Philion also expressed optimism about XRP’s future. He emphasized 2025 as a pivotal year for XRP and Flare’s growing role in the ecosystem. Pro-XRP lawyer Bill Morgan also praised CoinShares’ recent XRP ETF filing , stating, “The market wants exposure to XRP.” Will XRP Price Continue To Rally? XRP price today slumped 2.5% to $3.10 amid a broader crypto market downturn. Its trading volume also fell 42% to $5.1 billion. However, despite that, recent reports indicate a continuing rally of the crypto, especially under the Trump administration and other positive XRP news. Notably, US-based crypto like XRP, Solana, and others, have received immense traction as Donald Trump reiterated his stance to make the US the crypto capital. In addition, the latest XRP ETF filings also hint at increasing institutional confidence towards the crypto. On the other hand, a flurry of experts anticipate a potential settlement or conclusion to the long-running XRP lawsuit. Having said that, a recent report also indicates a potential XRP price rally to $15 once the lawsuit ends. Considering all these aspects, it appears that Ripple’s native crypto is likely to hit new highs in the coming days. The post XRP News: Is Ripple Vs. Bitcoin The New Threat In Crypto After US SEC? appeared first on CoinGape .
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Jan. 25, 2025
coingape
Ethereum Is In Big Trouble, But Why Know One Talking About It?
The post Ethereum Is In Big Trouble, But Why Know One Talking About It? appeared first on Coinpedia Fintech News Ethereum, once the leader in smart contracts and decentralized applications, now facing significant challenges from within and outside its ecosystem. With its price stuck between $3,200 and $3,500 for weeks, Ethereum’s dominance in the altcoin market appears to be under threat. Competitors like XRP and Solana are emerging as strong contenders and are ready to take over Ethereum. Ethereum’s Price Struggles Continues Ethereum’s (ETH) price has been stuck in a consolidation phase, unable to break past the $4,000 mark. Over the past two months, ETH has recorded losses of nearly 20% in value. Meanwhile, the ETH/BTC ratio a metric comparing its value to Bitcoin has dropped by 19% since early December, highlighting its weakening position in the market. Adding to Ethereum’s worries, its ETF performance has turmoil. While Bitcoin ETFs saw inflows for ten consecutive days, Ethereum ETFs have recorded outflows, with $15.9 million leaving the market. Jan 24 Update: 10 #Bitcoin ETFs NetFlow: +2,436 $BTC (+$157.44M) #BlackRock (iShares) inflows 1,478 $BTC ($156.23M) and currently holds 574,119 $BTC ($60.68B). 9 #Ethereum ETFs NetFlow: -4,706 $ETH (-$15.91M) #Grayscale (ETHE) outflows -5,453 $ETH ($18.44M) and currently holds… pic.twitter.com/V0wcGoEgrK — Lookonchain (@lookonchain) January 24, 2025 Ethereum Foundation Internal Conflict The Ethereum Foundation (EF), which has long been central to Ethereum’s development, is now struggling with internal challenges . High-profile developers like Eric Conner and Danny Ryan have left, citing frustrations and personal challenges. These exits highlight growing concerns about leadership stability and the foundation’s vision. Even Ethereum’s founder, Vitalik Buterin, has acknowledged the need for urgent improvements in scalability, security, and user experience. Ethereum Faces Growing Competition Adding to the internal struggles, Ethereum is facing competition from within its ecosystem. Konstantin Lomashuk, co-founder of Lido, recently established a “Second Foundation” to support Ethereum’s development. https://t.co/o1pgQ8J3mC — Konstantin Lomashuk cyber/acc (@Lomashuk) January 22, 2025 Meanwhile, rivals like Solana and XRP are taking advantage of Ethereum’s weaknesses. Solana is known for its high scalability, which processes a staggering 60-65 million daily transactions, far from Ethereum’s 1-1.3 million. Additionally, Solana has consistently outperformed Ethereum in daily transaction fees, despite Ethereum’s higher fee fees per transaction. Ripple’s XRP, on the other hand, has surged by 350% against Ethereum since November 2024. Even with delays in XRP ETF approval, Goldman Sachs employee Dom Kwok believes XRP could soon surpass Ethereum as the second-largest cryptocurrency. High chance that XRP flips ETH very soon. Are you ready for a new world order, anon? pic.twitter.com/bP3UjFVnEY — Dom | EasyA (@dom_kwok) January 15, 2025
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Jan. 25, 2025
coinpedia
Eowyn Chen reveals vision behind Trust wallet
In this interview, Trust Wallet CEO Eowyn Chen reveals the vision and mission behind the genesis of Trust Wallet. Stay tuned to find out how Trust Wallet CEO aims to empower Humanity via Web3. CEO Chen reveals her mission behind joining the crypto world. She aims to empower the individuals by using Blockchain, the decentralised technology and its various applications in safeguarding users’ financial and security interests. Chen, along with her friend and founder of Trust Wallet, Viktor Radchenko, are working towards the vision of bringing more and more people into the Crypto world. The genesis of Trust Wallet can be traced to the ICO phase of 2017 when the founder, Viktor Radchenko, felt the urge to hold all of his coins in his hand. Thus, emerged the idea of creating a user-friendly wallet that would hold all of the user’s coins in his own hand – in the form of an application in his mobile phone. Started as an Ethereum wallet for all the ICO tokens, it aims to provide users easy ways to access the Blockchain world – making it the largest mobile Wallet in the world. Regarding the financial solutions of Blockchain and Web3 as the way to give a sense of ownership to users via self-custody, Chen believes it helps people in preserving their wealth. She further argues that the crypto wallets also being used by Trust organisations who offer to give charity in conflicted zones – where carrying physical money isn’t possible. Chen highlights how Blockchain via ways such as ZK proof contributes to data ownership by the users in the world dominated by BigTech. At last, she advises people to do self- research who are sceptical of entering the crypto and Web3 space. She calls it the only way for individuals to make their own decision of staking in Web3 – alognwith the sense of gaining risk control. The post Eowyn Chen reveals vision behind Trust wallet appeared first on CoinGape .
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Jan. 25, 2025
coingape
Will Vine Meme Coin Price Reach $1 in Next 60 Days?
In a dynamic turn of events, speculations surrounding Vine meme coin price hitting $1 shortly ahead have surfaced across the broader crypto industry. Notably, the recent hot buzz of the market, VINE token, rides bullish waves primarily attributable to major listings, heightened market interest, and broader trends. As a result, traders and investors thoroughly monitor the meme token, anticipating a potential $1 price target as soon as the next 60 days. Here’s Why Vine Meme Coin Price Can Hit $1 In The Next 60 Days Listed below are some vital market statistics indicating that VINE token has the potential to hit $1 in the upcoming 60 days. VINE Coin Secures Major Listings Driving Market Interest Notably, the Vine meme coin price remains highly bullish amid major listings secured by the token over the past few days. As Binance, CoinEX, Bitget, and Hyperliquid revealed new listings for the token, a bullish wave engulfed its price movements in the wake of heightened market exposure. Hyperliquid and Binance launched futures listing for the abovementioned cryptocurrency, encouraging further market interaction with the asset. Simultaneously, it’s also worth mentioning that the crypto exchanges Bitget and CoinEX listed the token, offering it further market visibility. In turn, market sentiments orbiting the meme coin remain highly bullish in light of the listings, driving rising trading volume, increased liquidity, and positively evolving market perception. Speculations Over Vine App Revival Builds Amid Elon Musk’s Comments Simultaneously, the broader developments surrounding the Vine social media app’s revival have also bolstered the market sentiment for this token. Intriguingly, American billionaire and entrepreneur Elon Musk recently conveyed that he is looking into bringing back the social media app. Given that this feat happens (the app’s revival) ahead, market sentiments could further turn bullish over the Vine meme coin price. Also, it’s worth pointing out that the meme coin was initially announced by the social media app’s creator, Rus Yusupove, on X this month. Rising Futures OI Underscores Bullish Sentiment Building Further, the token’s derivatives market has also seen a substantial spike in activity, cementing market optimism. Recent Coinglass data indicated that VINE futures OI surged by a whopping 174%, reaching $72.11 million. Moreover, the asset’s derivatives volume rose by 275%, reaching $3.04 billion. When coupled with the mem coin’s recent price upswing, the derivatives data flags a bullish trend prevailing for the asset. This bullish trend appears to be driven by burgeoning market interest, mirroring growing investor participation and money inflow to the token. In turn, speculations of a bullish trend continuation for Vine meme coin price persist. Whale Accumulation Pours Additional Optimism Also, on-chain tracker Lookonchain has recently revealed that whale accumulation for the same token is on the rise. As per an X post on January 25, a crypto trader spent $1.69 million to buy 13.81 million VINE tokens. Intriguingly, this trade maneuver currently boasts an unrealized profit of $3.4 million. As a result, market watchers remain highly optimistic over the asset’s potential. It’s also noteworthy that the same trader previously bought 14.64 million tokens using a different wallet address. After selling 9.96 million coins, this trader netted a $4 million profit. Besides, the trader’s decision to still hold 4.67 million tokens has sparked speculations of further gains. Also, CoinGape recently reported that another crypto trader made a $4.5 million profit on Vine meme coin after nearly losing it all. VINE Price Run Bullish At the time of reporting, VINE price witnessed a 13% surge in value and is currently trading at $0.2886. The coin’s 24-hour low and high were $0.1082 and $0.4257, respectively. Intriguingly, the weekly chart further showcased gains worth 55% for the asset. The sustained bullish movement, defying the broader market’s current turbulence, has solidified investors’ optimism about the asset. Overall, with the abovementioned factors coming into play, a potential run to $1 for the Vine meme coin price remains possible in the next 60 days. The post Will Vine Meme Coin Price Reach $1 in Next 60 Days? appeared first on CoinGape .
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Jan. 25, 2025
coingape
TRUMP Token Dumps by 20% Daily, Bitcoin Tests $104K (Weekend Watch)
Bitcoin’s price increase on Friday was stopped at $107,000, and the asset was pushed south by roughly three grand. Most altcoins are in the red as well today, with SOL and LINK standing out as the biggest losers within this timeframe from the larger caps. BTC Slips to $104K All eyes in the community were on the US inauguration ceremony on Monday as the self-proclaimed ‘crypto President’ was about to be sworn in. Even before that highly anticipated event, BTC’s price went on a rollercoaster, dumping by several grand on Monday morning just to surge to a new all-time high hours later at over $109,000. Once Trump’s speech finished, it became evident that he had ignored the crypto industry, and bitcoin headed straight south , losing five grand within minutes. Nevertheless, it bounced off and maintained within six-digit territory. Moreover, it climbed on Thursday and Friday and tapped $107,000 yesterday. This is where the bears stepped up and didn’t allow any further increases. Just the opposite, BTC lost about three grand since then and now sits at just over $104,000. Its market capitalization has retraced to $2.060 trillion on CG, while its dominance remains strong at 55.5%. BTCUSD. Source: TradingView TRUMP Plunges Most altcoins have turned red on a daily scale. Ethereum was stopped at $3,400, and a 4% decrease since yesterday has pushed it to under $3,300. XRP is close to breaking below $3.1 after a 3% drop. Similar declines are evident from DOGE, ADA, AVAX, and XLM. More painful price drops come from Solana, SUI, and Chainlink, with losses of up to 6%. Nevertheless, the poorest performer from the top 100 alts is Donald Trump’s official meme coin. TRUMP has plunged by over 20% in the past day and now trades below $28. The cumulative market cap of all crypto assets has seen about $80 billion gone in a day and is down to $3.720 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post TRUMP Token Dumps by 20% Daily, Bitcoin Tests $104K (Weekend Watch) appeared first on CryptoPotato .
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Jan. 25, 2025
cryptopotato
Ripple Price Prediction: Can XRP Price Really Hit $10 in the Next 24 Hours?
XRP experienced a transformational price rally after Donald Trump’s win in the US election. Ever since then, the market has been buzzing with Ripple price predictions, primarily focused on the token’s further growth. One such prediction, made a day ago, states that this third-biggest digital asset of the market would hit $10 within 48 hours due to the charts forming bullish patterns. However, time is running out, raising the question of whether XRP will really hit $10 in the next 24 hours. Can XRP Price Hit $10 in 24 Hours? A crypto analyst, KingXRP, has presented a Ripple price prediction, suggesting a significant rally to $10 today. According to KingXRP X’s post , his analysis is based on historical patterns and the 2017 bull run. Back then, the token jumped from $0.05 to $3.84 within a short span. Interestingly, this XRP price prediction is possible in theory but not without a catalyst. Even the 500% rally with Donald Trump’s win in Q4 2024 took over 27 days to surge to prime. At present, XRP trades at $3.10 with low breakout potential due to the market’s lacking significant bull dominance. To reach the $10 mark, the Ripple token requires at least a 222% rally, which is only possible under the bull run situation or the XRP reserve formation in place of Bitcoin and other confidence-building updates. Though the Ripple token can potentially surge $10, this will not happen in the next 24 hours. Ripple Price Prediction & Analysis Experts believe in XRP’s long-term potential, considering the increasing adoption of the Ripple token and CEO Brad Garlingouse’s strengthening ties with Donald Trump. Trump’s current decision to consider a digital asset stockpile over a Bitcoin reserve shows an outcome favoring Ripple. Many analysts have shared similar Ripple price predictions, including KingXRP, who believes the token will achieve the $8 —$10 milestone or higher. XRP price could rip through $8 before a cycle top because of the current bullish fundamentals, says Mikybiil Crypto. Crypto analyst Javon Marks believes that the XRP price could rally to $10 due to the crucial breakout formation on the 9-hour charts, where the $3.18 market acts as the crucial resistance level. Mikybill crypto supports this outlook, as he revealed the pattern that triggered significant rallies in the past amid bullish fundamental and technical indicators. However, before XRP can hit $10, it must reclaim the $3.24, $3.32, and $3.80 key resistance levels. Moreover, bullish formation and factors like XRP ETF approval and others must occur. Reclaiming the key resistance levels at $3.24 and $3.32 is critical for the XRP’s wave five target at $3.80, says CasiTrades. What’s Next? With the constant development around the XRP token, the excitement is rising around its price potential. Many analysts’ Ripple price predictions target $10, but that is not feasible in a short period of 24 or 48 hours. Although theoretical explanations prove the possibility, physical factors restrict its growth. As a result, the XRP price hitting $10 in the next 24 hours is improbable due to reduced buying pressure and neutral broader market conditions. The outcome may change over the large time frame, but requires further research and analysis. The post Ripple Price Prediction: Can XRP Price Really Hit $10 in the Next 24 Hours? appeared first on CoinGape .
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Jan. 25, 2025
coingape
ONDO Attempts Key Breakout: Analyst Says Pro-Crypto Gov’t Could Send Price To $3
Ondo (ONDO) has seen a 10% surge in the last 24 hours, reclaiming key levels and attempting to break out of its downtrend while most of the market continues moving sideways. Some analysts suggest that the new crypto-friendly administration could propel the token’s price to a new all-time high (ATH). Related Reading: $30 Million Hack Alert? Crypto Exchange Phemex Suspends Withdrawals After Suspicious Transactions ONDO Targets Rally To New ATH On Friday, tokenized real-world asset (RWA) platform Ondo Finance saw its native token lead the crypto market with its 11% daily surge. The cryptocurrency surged past the $1.50 mark for the second time this week, reigniting investors’ sentiment about the token. Over the past three months, the token has registered a 120% jump, climbing from the $0.60 mark to its current price range. Moreover, the post-election rally propelled the cryptocurrency to its latest ATH of $2.14, fueled by Donald Trump’s DeFi project’s buying spree. In December, Trump’s World Liberty Financial (WLF) went on a crypto buying spree worth $45 million, acquiring millions in Ethereum (ETH), Chainlink (LINK), Aave (AAVE), and other tokens. Halfway through the month, WLF purchased 134,216 ONDO tokens for 250,000 USDC, propelling ONDO’s price above the $2 mark. Nonetheless, the cryptocurrency’s bullish momentum was halted after the December 19 market correction, which saw ONDO retrace to $1 in the following days. Since then, ONDO has been unable to reclaim the $1.60 resistance level, hovering between the $1.09 and $1.45 price range for most of the month. Crypto trader Miky Bull noted the token’s bullish performance as it attempted to break out from its downtrend today. The crypto has been in a one-month downtrend since hitting its latest ATH, with an attempted breakout at the start of the year. Today, the token is attempting another breakout, currently holding above the downtrend line. Per the post, the “king of RWA”’s breakout could target the $2-$3 price range. However, the cryptocurrency needs to remain above the $1.30 level to confirm the break. Additionally, ONDO should hold near the $1.50 mark to continue its bullish trajectory toward the $1.60 resistance. New Pro-Crypto Administration To Fuel American Tokens? Market watcher Detoshi pointed out that ONDO has recovered a key level after its recent performance, which could support a rally toward a new ATH. According to the post, the token has reclaimed its previous ATH level, which was a crucial resistance before the December pump and significant support during the smaller market corrections. Meanwhile, Altcoin Sherpa also highlighted ONDO’s performance, stating that the cryptocurrency’s chart is “looking strong,” adding that it was a “good beneficiary of a pro-crypto administration.” Similarly, Analyst Ted Pillows suggested that investors should “keep an eye on Trump and his wallet,” which includes ONDO, as these tokens are expected to perform well during the next leg up. Related Reading: Solana (SOL) To $300 This Month? ‘All Bets Are Off’ Once It Reclaims This Level Notably, a “Made in the USA” category was created on platforms like CoinGecko and CoinMarketCap for Trump’s inauguration. This category includes ONDO, TRUMP, SUI, and other big players like Solana (SOL), Cardano (ADA), and XRP. Crypto leaders and investors anticipate that these tokens might be the “next big narrative,” fueled by the new US industry-friendly government and the expected end of the “regulation by enforcement” approach led by the previous administration. As of this writing, ONDO trades at $1.51, a 20% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
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Jan. 25, 2025
newsbtc
Ethereum Prepares For A Breakout After 4 Years in Bullish Pennant – U.S. Gov Ramps Up Crypto Activity
Ethereum has faced lackluster price action over the past year, underperforming both Bitcoin and many altcoins in the market. Once considered a leader in the crypto space, ETH has struggled to match the explosive growth seen in other digital assets, leaving many investors disappointed. However, this trend may soon reverse, as ETH shows signs of preparing for a significant move. Top crypto analyst Jelle recently shared compelling insights that suggest Ethereum’s long consolidation phase could be coming to an end. According to Jelle, ETH has been trading within a massive bullish pennant for nearly four years, a pattern typically associated with major breakouts. Additionally, all local lows within this structure have already been swept, potentially clearing the way for a bullish surge. The broader market sentiment is also turning optimistic , fueled by the inauguration of President Trump’s pro-crypto administration. With policies expected to create a favorable environment for cryptocurrencies, Ethereum is well-positioned to capitalize on this momentum. Is Ethereum A Sleeping Giant? Ethereum has been underperforming compared to Bitcoin and fast-rising altcoins like Solana, creating speculation that ETH is lagging behind the broader crypto market. As other assets rally, Ethereum’s slow price action has left investors questioning its position in this cycle. However, many analysts believe this underperformance is temporary and that ETH is a sleeping giant poised for a massive bullish phase. Top crypto analyst Jelle has added to the optimism, sharing technical insights on X that point to Ethereum’s long-term potential. According to Jelle, ETH has been consolidating inside a massive bullish pennant for nearly four years. This pattern is typically associated with major breakouts, and with all local lows already swept, ETH appears primed for a significant move. Jelle’s analysis doesn’t stop at the charts. He highlights intriguing developments in the broader narrative, stating, “The U.S. government is talking about a crypto stockpile, while the president keeps buying ETH heavily.” This suggests that ETH could play a strategic role in the evolving financial landscape, with institutional and governmental interest potentially driving demand. For now, Ethereum remains a “sleeping giant,” but analysts are confident that when it wakes, it will reclaim its position as a leading force in the crypto market. With technical setups aligning and market sentiment shifting, Ethereum may be on the verge of a breakout that propels it back into the spotlight. Investors are watching closely, as the next move could define ETH’s trajectory for months to come. ETH Holding Key Demand Levels Ethereum (ETH) is currently trading at $3,390, holding above key demand levels after breaking above the 4-hour 200 moving average. This recent move has sparked optimism among traders, as the 200 MA often serves as a critical indicator of trend reversals. If ETH can maintain its position above $3,367, the price is well-positioned for a bullish continuation in the short term. The next key level for ETH is the local high at $3,525. Breaking above this resistance would provide a strong confirmation of a new bullish trend and could pave the way for further upward momentum. A successful push above this level would likely attract additional buying interest, reinforcing confidence in Ethereum’s ability to regain strength. However, the bullish outlook is not without risks. If ETH fails to hold above the $3,367 mark and loses the $3,200 level in the coming days, it could signal a return to consolidation or even a deeper correction. Such a move would challenge the current sentiment and delay Ethereum’s potential breakout. Featured image from Dall-E, chart from TradingView
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Jan. 25, 2025
bitcoinist
$3K Bitcoin Price Drop: What Level It Must Hold to Stay Bullish
Bitcoin’s price has lost its momentum and has retraced by several grand in the past day or so, but it’s still above a key support level. Ali Martinez, the popular crypto analyst with almost 120,000 followers on X, noted that the bull run is still intact as long as the cryptocurrency remains above $98,000. The primary cryptocurrency experienced massive volatility at the start of the week, as it plunged by over $6,000 on Monday morning to under $100,000 before it exploded out of the gate to a new all-time high above $109,000. This all transpired ahead of Donald Trump’s inauguration, and when that arrived, BTC slumped, as he had failed to mention the industry even once. Nevertheless, the $100,000 support held and bitcoin bounced off toward $107,000. However, the bears stopped the asset’s ascent at that point and pushed it south by a few grand in the past day. Just a few hours ago, the cryptocurrency tested $104,000 but has remained above it. Despite this $3,000 price drop in a day, BTC’s bull run will continue as long as it remains above $98,000, said Martinez. He outlined that level as particularly important for the asset due to the massive accumulation point it has become. More than 101,000 BTC (valued at $10.5B at today’s prices) were purchased at around that line, which turned it into a ‘crucial’ support. Typically, investors, especially those who have arrived at the scene more recently, tend to dispose of their holdings if they see the price tumble below their entry level. The key support level for #Bitcoin is at $97,877, where more than 101,000 $BTC were accumulated. Holding above this level is crucial to sustaining the bullish momentum. pic.twitter.com/4kMR5ZtkWa — Ali (@ali_charts) January 25, 2025 The post $3K Bitcoin Price Drop: What Level It Must Hold to Stay Bullish appeared first on CryptoPotato .
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Jan. 25, 2025
cryptopotato
Unpopular Opinion: Is Altcoin Season Off the Table This Bull Cycle?
During every market cycle in which BTC’s price paints a new all-time high and breaks into uncharted territory, analysts start to speculate about the upcoming run for altcoins, which is named altseason. With bitcoin already trading above $100,000 for the first time ever, many industry experts have used the opportunity in previous months to outline their respective reasons for when such an altseason will occur. Now, though, a popular analyst with nearly 120,000 followers on X indicated that there might not be such a period during the ongoing cycle. No Altseason? Unpopular opinion: There won’t be an alt season! Today, there are over 36.4 million altcoins, compared to fewer than 3,000 altcoins during the 2017-2018 alt season and even fewer than 500 altcoins in 2013-2014. With such massive supply, the market have changed significantly. pic.twitter.com/xLVLA2ug2t — Ali (@ali_charts) January 25, 2025 Martinez’s reasons are mostly based on the enormous amount of altcoins currently in circulation. As he noted, there were a lot fewer during the previous altseasons that delivered incredible returns for many of them. Now, though, the creation of an altcoin, typically a meme coin, is particularly easy, especially on cheaper platforms like Solana. Consequently, many people have the ability to launch their own, most of which turn out to be flat-out rug pulls that scam investors. After all, what’s the point of millions of altcoins to exist? Do they all have an actual purpose that benefits the industry? Doubtful. A Different Altseason Instead? CryptoQuant’s CEO recently shared a somewhat similar opinion. He believes that there will be an altseason this cycle, but it will be entirely different, mostly due to the aforementioned reasons – there’s no viable way that all those millions of alts will explode in value. Instead, he noted that only a handful of alternative coins will chart impressive gains and will lead the pack. This makes a lot more sense and has been observed in the past few months. Assets like XRP, XLM, HBAR, SOL, ADA, and DOGE posted significant increases within triple-digit territory, and some broke their previous all-time highs while others came inches away . Interestingly, many of the projects behind the altcoins in question are based or affiliated with the US, which is also quite logical given the positive changes in the local regulatory landscape after Trump’s presidential victory. The post Unpopular Opinion: Is Altcoin Season Off the Table This Bull Cycle? appeared first on CryptoPotato .
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Jan. 25, 2025
cryptopotato
Bitcoin Price Today: What if BTC Crashes to $85,000?
Bitcoin (BTC) price today trades at No data found for bitcoin on 1 hour ago on No data found for bitcoin on 1 hour ago. BTC price hit a daily high of No data found for bitcoin on 1 hour ago today after a No data found for bitcoin on 1 hour ago% move on January 25. But this expert and popular crypto analyst is forecasting a potential BTC price crash to $85,000, not in August, but in April. Will such a crash occur? What could happen to crypto markets in this scenario? Bitcoin Price Today is Crashing. Why? Bitcoin price today is down No data found for bitcoin on 1 hour ago%, continuing the rangebound movement it began on January 19. In this sideways movement, BTC has experienced massive volatility that created an all-time high (ATH) at $110,000 with no significant progress. Currently, BTC price trades at No data found for bitcoin on 1 hour ago above the $102.2K to $92.7K range. Hence, the reason for the recent downtick in BTC is the ongoing consolidation. But if there’s a crash, how low can the price go? One expert analyst poses a “what if” question, pushing investors to think what would happen if Bitcoin crashed to $85,000. *bitcoin price updated as of No data found for bitcoin on 1 hour ago. Will Bitcoin Crash to $85,000? Popular analyst Ansem’s Bitcoin price forecast on X notes a potential crash to $85,000 in April instead of August 2025. “many are saying august reminder, but what if its, april reminder” The expert points to Bitcoin’s April 2024 price action, which suggests a potential crash to $85,000. Based on this fractal, Ansem opens up the possibility of the April 2024 fractal repeating history in April 2025. BTC/USD 4-hour chart From a technical standpoint, it makes sense for Bitcoin to crash below $85,000. This move would sweep the sell-side liquidity resting below $90,000. A clear support level below $90K would be around $85,000. Does On-chain Metric Support a Crash? The 30-day Market Value to Realized Value (MVRV) ratio shows that it is currently in the danger zone. This zone is where 30-day BTC holders with unrealized gains tend to sell, leading to a price reversal. Hence, investors can expect a short-term correction. But interestingly, Bitcoin price action and 30-day MVRV show similar fractals to what elapsed in Q1 2024. Hence, the chances of history repeating are high here. Bitcoin Price vs. 30-day MVRV Key Levels To Watch The four-hour Bitcoin price chart shows that $102K is now the key support level to watch. A breakdown or bounce here will determine where BTC could go next. Most investors expect a bounce from $102K. In such a case, the current ATH at $110K is the key resistance level. Beyond this, the 161.8% Fibonacci extension level at $120K could be where BTC sets its next peak. BTC/USDT 4-hour chart On the contrary, a breakdown of the $102K support level could send BTC into the buy zone , which extends from $99.1K to $96.7K. There is a high chance that sidelined buyers may accumulate here. However, if the selling pressure is high, then Bitcoin price could revisit the range low of $92.7K. If the crypto analyst Ansem’s prediction were to come true, bears need to break the $92.7K support level with a daily or weekly candlestick close below it. In such a case, the price could dive toward the next key area of interest at $85K. The post Bitcoin Price Today: What if BTC Crashes to $85,000? appeared first on CoinGape .
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Jan. 25, 2025
coingape
Bitcoin on the Cusp of Entering a Parabolic Phase Once Again, According to Crypto Analyst – But There’s a Catch
An analyst who nailed Bitcoin’s pre-halving correction last year believes BTC is about to enter another explosive phase of the market cycle. The analyst pseudonymously known as Rekt Capital tells his 105,000 YouTube subscribers that based on historic precedence, Bitcoin may soon have a massive breakout, following the recent correction. However, he warns that a severe correction may follow the next big rally based on Bitcoin’s usual cycle patterns. “We’re on the cusp of entering a parabolic phase in the cycle once again. That second price discovery uptrend that’s going to get us into price discovery and to new all-time highs. And then of course we’re going to have to prepare for that price discovery correction once again… It’s going to last multiple weeks and chances are it’s going to be deeper than this 17% pullback that we saw… That second price discovery correction could be very different, it could be that much deeper and I’m sure it’s going to capitulate a lot of retail investors in the market.” Source: Rekt Capital/YouTube The trader also expects Bitcoin will enter a third price discovery phase after the potential severe correction based on prior cycles. “It most likely won’t be the end of the cycle overall, and we’ll still have that third price discovery uptrend ahead. So if we just look, generally speaking, in this market cycle, where are we at approximately, we’re in the parabolic phase of the cycle. And if we’re looking at where we are month-wise, we’re in the third month of the price discovery uptrend in the parabolic phase of the cycle.” Source: Rekt Capital/YouTube Bitcoin is trading for $104,565 at time of writing. ? Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin on the Cusp of Entering a Parabolic Phase Once Again, According to Crypto Analyst – But There’s a Catch appeared first on The Daily Hodl .
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Jan. 25, 2025
dailyhodl
Hong Kong’s Gen Z prefers Bitcoin over property, survey reveals
A survey by Hong Kong’s brokerage firm Futu reveals that Gen Z is highly optimistic about crypto, seeing three times more potential in Bitcoin than in real estate. A new survey by Hong Kong brokerage firm Futu Securities shows that Gen Z is rewriting the financial playbook. Instead of chasing the traditional dream of homeownership, this generation is betting big on Bitcoin ( BTC ) and other tokens. According to the survey, Gen Z is three times more optimistic about crypto than real estate, signaling a major shift in how they view financial security. Hong Kong’s newspaper The Standard, citing data revealed by brokerage firm Futu Securities, reveals the standout finding: 23% of Gen Z respondents feel safer with just two Bitcoin in their portfolio than with HK$1 million (roughly $128,400) for a down payment on a home. In a city where property has always been a symbol of wealth and stability, the change in mindset is significant. You might also like: Hong Kong lawmaker wants to add Bitcoin to national reserves to boost financial security And there’s good reason for the optimism. Bitcoin surged 125% in 2024, breaking the $100,000 mark in December before settling around $97,000. Meanwhile, Hong Kong’s property market has struggled to deliver the same level of returns. With numbers like these, it’s no surprise that virtual assets are becoming a top choice for the younger generation. For 45% of Gen Z respondents, the convenience and security of crypto investments outweigh traditional assets like real estate. It’s not just about the returns — it’s about flexibility. Cryptocurrencies offer a level of freedom that property ownership simply can’t match. Economic uncertainty shifts focus Hong Kong residents aren’t feeling too secure about their finances. On average, they rate their financial security at 6.43 out of 10, according to the survey. With economic uncertainty looming large, more than half of respondents are turning to investments to generate passive income. High earners, in particular, are diving headfirst into diverse and riskier assets. 25% have more than five income streams. 34% invest over half their income. 42% have invested in cryptocurrencies, with 66% seeing profits. It’s clear that high earners are leading the charge, but Gen Z is following close behind. Generational shift The younger generation is shaping a new narrative around wealth. For many Gen Z, owning property isn’t the dream anymore. Instead, holding “two BTCs” feels like a better bet for financial security. The newspaper notes that the sentiment isn’t just about chasing returns, it’s also about optimism. Gen Z sees a brighter future for virtual assets. They’re excited about the potential of crypto, with some saying it offers freedom and flexibility that traditional assets can’t match. But it’s not just the kids. 77% of Gen X — those born between 1965 and 1980 — who are already investing in cryptocurrencies share an optimistic outlook, particularly about Bitcoin’s long-term potential. In a commentary to crypto.news, Vivien Wong, partner liquid fund at HashKey Capital, said the shift of investors’s mindset unveils a “captivating interplay of influences.” “While the tech-savvy souls are undoubtedly drawn to the digital charms of Bitcoin, with its decentralized allure and futuristic appeal, the fluctuating property price in Hong Kong’s real estate market in the recent few years cannot be overlooked. It’s as if the younger generation, armed with smartphones and coding languages, is spearheading a financial revolution, where the allure of virtual assets clashes with the property market.” Vivien Wong Wong noted that the influence of Gen Z extends “beyond social media trends and fashion choices” as the generation holds “significant disposable income” and reshapes “cultural trends and financial paradigms.” “Aligned with values such as transparency, inclusivity, and digital native tooling, Bitcoin resonates with Gen Z’s principles, poised to further expand the cryptocurrency economy. This shift not only underscores the changing dynamics of wealth accumulation, but also hints the tradition meets innovation in the nowadays financial.” Vivien Wong The Futu report shows that diversification is key. Stocks and cryptocurrencies are the most popular asset classes for growth. U.S. stock trading volumes on Futu’s platform shot up by 88% in 2024, with sectors like AI, renewable energy, and healthcare leading the charge. As Alan Tse, Futu’s managing director, puts it “digital assets are becoming an essential part of modern portfolios.” As a result, the shift isn’t just about investments. It’s about a change in how Hong Kongers view financial security. Read more: Hong Kong construction firm Ming Shing invests $47m in Bitcoin to boost liquidity
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Jan. 25, 2025
crypto_news
Technical Details
Consensus Mechanisms: | |
Hashing Algorithms: | |
Smart Contract Capabilities: | No |
Security & Industry Details
Security Metrics
CERTIK | Score: 93.12 | Rank: 22 |
Industry Classification
Industries: | Gaming, Governance, Collectible |
Asset Type: | Token |
Project Leaders
Kieran Warwick Founder | Aaron Warwick Founder |
Grant Warwick Founder |
Custodians
Gemini |
Fireblocks |
Ledger Enterprise |
Frequently Asked Questions
ILV uses:
- Consensus Mechanisms:
- Hashing Algorithm:
- Smart Contracts: Not supported
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