Cardano (ADA) is facing increasing bearish momentum, with its price nearing a critical support level at $0.8119. This potential retest signals a pivotal moment for the cryptocurrency as market conditions turn unfavorable. Recent price action with negative signals from key technical indicators has intensified concerns about further downside risks. The Relative Strength Index (RSI) and other metrics suggest growing selling pressure, making ADA’s ability to hold above this key level a matter of significance. A breach below $0.8119 could pave the way for more losses, potentially pulling ADA into uncharted bearish territory. However, defending this support level might provide the foundation for a stabilization or recovery. As the market sentiment shifts, can Cardano regain its footing or succumb to deeper declines? This critical juncture highlights the importance of monitoring technical and market-driven factors in the token’s ongoing journey. Technical Indicators Signal Further Downside For ADA Historically, the $0.8119 level has served as a crucial threshold for price action, acting as both a support and resistance point in previous market cycles. Its proximity now highlights the mounting challenges Cardano faces as bearish momentum continues to dominate the market. The negative sentiment around the token is largely fueled by weakening technical indicators and a waning market mood. ADA remains below key moving averages, such as the 100-day Simple Moving Average (SMA), which underscores a prolonged downtrend. This alignment of the price below pivotal technical levels signals a lack of upward strength and an increased likelihood of more downside pressure. Adding to the bearish narrative is the Relative Strength Index (RSI), which has been trending lower, signaling intensified selling pressure. Currently hovering near oversold levels, the RSI reflects waning buyer interest and heightened dominance by sellers. Should the trend continue, it could pave the way for the altcoin to break below the $0.8119 mark, possibly triggering a new wave of selling. Potential Scenarios: Break Below $0.8119 Or Rebound? If ADA fails to hold above $0.8119, it may signal a continuation of downbeat momentum, potentially triggering a deeper decline. In this case, sellers might push the price toward lower support zones such as $0.6822 or even $0.5229 areas that have previously acted as stabilizing levels during market downturns. A break below $0.8119 would likely confirm seller dominance, further eroding market confidence and leading to heightened volatility. On the other hand, a successful defense of the $0.8119 level could lay the groundwork for a rebound. Buyers may seize the opportunity to regain control, leveraging the support level as a springboard for recovery. This could result in ADA attempting to revisit resistance levels near $1.2630 or higher, reversing the bearish trend and reigniting optimism in the market.

In his latest video published on December 21, crypto analyst Rekt Capital tried to answer the question “What’s The Worst Case Scenario For Bitcoin Right Now?”. After reaching a new all-time high at $108,374 on December 17, the BTC price is down more than -11%. How Low Can Bitcoin Price Go? Rekt Capital put the Bitcoin price pullback in a historical perspective, underscoring the historical importance of weeks 6, 7, and 8 in a “price discovery uptrend.” Drawing upon past cycles such as 2013, 2016–2017, and 2021, he explained that Bitcoin has a strong tendency to correct during these specific windows, with some dips reaching as steep as 34% or even higher. “Understanding these weeks is crucial because they tend to be problematic for Bitcoin,” Rekt Capital stated, referencing past cycles where significant downturns occurred within this timeframe. For instance, in week 7 of the 2013 cycle, Bitcoin experienced a dramatic 75% pullback over 13 weeks. Similarly, the 2016-2017 period saw a 34% decline in week 8, underscoring the recurring vulnerability during these specific weeks. As of the current cycle, Bitcoin has undergone a 10%+ retracement, bringing its price into a historically critical support zone at $96,537 on the weekly chart. Rekt Capital emphasized the importance of this support level, noting, “This area of historical support has enabled the move to $108,000.” He cautioned that failure to maintain this support could trigger a more severe correction down to $89,830. Examining the price action of the last few days, Rekt Capital pointed out the emergence of a bearish engulfing candle in the weekly timeframe—a technical indicator often associated with potential reversals. “We’re losing resistances that turned into support,” he observed. This loss signifies a potential transition into a corrective period, as the price struggles to maintain its upward trajectory. Rekt Capital also pointed out the importance of maintaining the 5-week technical line in his analysis. “If we lose this 5-week technical uptrend and the orange trend line, it would be mounting evidence that we might be transitioning into a corrective period,” he warned. Furthermore, he addressed the CME gap between the $78,000 and $80,000 price levels, a critical area that has remained unfilled. “Delving into 26%, 27%, 28% dips could fill the entire CME gap,” Rekt Capital noted. Historically, CME gaps have the tendency to get filled whereas there are a few ones which have never been filled. Despite all cautionary signals, Rekt Capital maintains a bullish stance in the long-term “These pullbacks are what enable future uptrends in the parabolic phase of the cycle,” he explained. Drawing from previous cycles, he illustrated how corrections have historically provided the necessary “breather” for the market. In the 2021 cycle, for example, Bitcoin experienced a 16% pullback in week 6 and an 8% dip in week 8, yet the overall trend continued upward. Similarly, the current 10% retracement, while significant, could serve as a preparatory phase for the next leg of price discovery. At press time, BTC traded at $95,000.

Donald Trump nominates Sriram Krishnan, an a16z general partner as the senior policy advisor. Sriram Krishnan works closely with David Sacks, a recently appointed AI& crypto Czar. Donal Trump stands on the promise of making the US a crypto capital of the world, with a series of announcements. He previously appointed David Sacks as White House AI & Crypto Czar to guide policy administration in both of the emerging technologies. Adding to the team of David Sacks, Trump nominated a16z general partner Sriram Krishnan as Senior AI Policy Advisor. The latest announcement by Donald Trump, appointing Indian-American Sriram Krishnan was made on Sunday, along with several other major announcements. Along with David Sacks, Sriram Krishnan also works with the President’s Council of Advisors on Science and Technology. Trump further stated, Indian-American Sriram Krishnan Grateful For Trump’s Nomination Following the announcement of Trump, Sriram Krishnan posted on X, expressing gratitude towards Trump’s consideration. Krishnan feels honored to have the opportunity to ensure American leadership in AI, working closely with David Sacks. As his last name suggests, Sriram Krishnan hails from Tamilnadu, India. He started his career at Microsoft and made major contributions to the development of Windows Azure. Krishnan has a diverse background being worked with major companies such as Twitter, Facebook, Yahoo!, etc. Additionally, Sriram Krishnan is also well-known as an author of the book Programming Windows Azure for O’Reilly. Along with his wife Aarthi, Sriram cohosted The Aarthi and Sriram Show, discussing elaborately on startup culture. Joining a major US firm such as a16z as general partner has added to his diverse career background. Krishnan also has close ties with Elon Musk and helped the UK PM to reconnect with Musk after he was nominated to lead the Department of Government Efficiency. Trump’s picks so far have not disappointed the crypto community and leaders of the US political system. He is making moves to ensure a clear regulation is in place for emerging technological spaces such as crypto and AI. The latest announcement of Sriram Krishnan is appreciated widely, considering the extensive background of Krishnan. Highlighted Crypto News Today: Bitcoin Positions Itself at $95K As Bulls Await Price Rebounds

The world of cryptocurrency is buzzing with excitement, and memecoins continue to dominate the space. From Dogecoin (DOGE) to Shiba Inu (SHIB) and TURBO, these tokens have gained massive popularity. Now, a new contender, Lightchain AI (LCAI), is shaking things up. Investors and analysts are taking notice, especially with the Lightchain AI Presale offering an exclusive opportunity to get in early on this groundbreaking project. While TURBO and SHIB are renowned for their social media-driven hype and strong communities, LCAI stands out as the best-performing memecoin thanks to its innovative technology and real-world utility. Currently priced at just $0.003, LCAI is making waves as it positions itself to disrupt the crypto market with its impressive potential. How Lightchain AI Stands Out Lightchain AI is much more than a buzzword memecoin its a changing platform that mixes block chain tech with smart machines (AI). Unlike things like SHIB and TURBO which mostly depend on guesswork Lightchain AI gives real use through its clever AI-linked blockchain fixes. With its clever AI Machine (AIM), Lightchain AI helps makers to build and launch smart apps, keeping it in the lea͏d of AI and blockchain mix. This feature lets answers in areas like money, health care, and delivery system management, making it different from old memecoins. Moreover, Lightchain AI’s unique Proof of Intelligence (PoI) consensus mechanism rewards network participants for executing meaningful AI computations, such as model training and optimization. This energy-efficient approach offers a sustainable alternative to resource-intensive models like Proof of Work (PoW). Memecoin Market Dynamics LCAI vs SHIB and TURBO While SHIB and TURBO have thrived on the hype surrounding memecoins, LCAI is gaining significant traction thanks to its unique technology and potential for long-term adoption. TURBO, known for its community-driven growth, has drawn attention primarily through social media and meme culture. However, it lacks AI integration or real-world use cases, which limits its potential for sustained growth compared to LCAI. Similarly, Shiba Inu (SHIB), one of the first memecoins to gain mainstream attention, has built speculative value but struggled to move beyond hype. Despite efforts to expand into ShibaSwap and the Shiba Inu metaverse, SHIB lacks the solid foundation of real-world utility that LCAI offers. With its deflationary tokenomics, focus on real-world applications, and AI-driven ecosystem, LCAI is positioning itself as a standout in the crypto space. Why Investors Are Flocking to Lightchain AI Investors looking for the next big opportunity are taking notice of LCAI’s innovative approach. Its low presale price of just $0.003 presents an attractive entry point for those looking to capitalize on the next wave of growth in the blockchain and AI sectors. Here’s why investors are flocking to LCAI. Growth Potential Experts predict that LCAI could experience massive gains, with the potential to reach $3 or more in the next few months, representing an exponential growth rate. Early Investment Opportunity Similar to the early days of Ethereum (ETH) and Solana (SOL), LCAI offers a ground-floor investment opportunity. As it grows, those who invested early could see substantial returns. Innovative Technology As AI continues to play a pivotal role in the future of digital transformation, LCAI’s ability to integrate AI with blockchain positions it as a leader in both industries. Can LCAI Surpass SHIB and TURBO? Looking ahead, LCAI has the potential to surpass SHIB and TURBO in terms of price appreciation and market relevance. While SHIB and TURBO remain community-driven, LCAI’s innovative technology and deflationary model create a more sustainable long-term growth path. As AI technology continues to revolutionize multiple industries, LCAI is poised to become a major player in the blockchain and AI sectors. With its real-world applications and deflationary tokenomics, LCAI offers something far beyond speculation—it offers substance. This makes it an attractive investment for those looking to diversify their portfolio and capitalize on the growth of AI and blockchain technologies. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Ethereum whales accumulate, suggesting a potential market rebound despite recent declines. Technical indicators hint at price stabilization and a possible bullish breakout. Ethereum (ETH) is trading at $3,323, registering a slight 0.10% dip alongside a 10% drop in trading volume over the past 24 hours. This follows a turbulent week where ETH hit a 29-day low of $3,101 and recorded a 16% weekly decline. The daily Relative Strength Index (RSI) now hovers at 39, nearing oversold territory. Notably, Ethereum’s whale activity surged during the downturn. Over three days, whales accumulated 340,000 ETH worth over $1 billion, hinting at strategic bulk purchases during price dips. Historically, such patterns often signal a potential market rebound. ETH Price Chart, Source: Sanbase Meanwhile, on the technical front, Ethereum’s weekly chart shows signs of stabilization. The price has retested key levels within the Ichimoku Kinko Hyo indicator, including the Tenkan and Kijun lines, suggesting the correction phase may be concluding. Interaction with the Kumo Cloud’s Senkou Span A, now a support level, adds further evidence of resilience. However, a potential retest of Senkou Span B could serve as a litmus test for market sentiment. Long-term trends also appear promising. Ethereum’s Long Term Trend Directions (LTTD) score is 0.82, indicating sustained buyer interest and a bullish year-end outlook. Despite mid-year dips, the score rebounded in October, reflecting renewed momentum. Analysts Remain Bullish On Ethereum Institutional dynamics reveal mixed sentiments. Ethereum ETFs saw significant outflows, with BlackRock’s ETHA losing $103.7 million amid market declines. However, BlackRock added 33.9K ETH worth $143.7 million, underscoring institutional confidence. Moreover, On-chain metrics further bolster bullish projections. According to IntoTheBlock, Ethereum’s large transactions reached 2.83 million ETH, worth approximately $11 billion. Rising whale activity and positive weighted sentiment suggest a potential price rally. Analysts predict Ethereum could break the $3,982 resistance. Broader bullish conditions could propel prices above $4,500, reaffirming its status as a leading altcoin. Highlighted News Of The Day FTT Tops Gainers List with 8% Surge While Crypto Market Declines

Bitcoin has factored in an additional price drop of 0.72% in the last 24 hours. Resulting from recent price drops, BTC has entered a selling market situation as per reports. The crypto market has retreated into a bearish trend with Bitcoin spearheading the freefall. Other altcoins are also continuously losing their recent price surges as trading levels fall lower and lower. However, the ever-optimistic community has entered a ‘buy the dip’ phase as per recent reports. Notably, Bitcoin has factored in a five-day streak of descent with an additional 0.72% drop in the past 24 hours. Bearish streaks drove the cryptocurrency to an intra-day low of $93,700 causing some concern among members. However, one particular analyst has used the ‘Mayer Multiple’ indicator to predict a price rebound. Particularly, this indicator has proven to be quite reliable in crypto history thus acting as an anchor of reassurance amid FUD. This indicator, as per market analyst Ali’s predictions, will result in a Bitcoin price of $168,500 during its rebounding times. Meanwhile, zooming out over the past week, Bitcoin shows an 8.97% price drop due to the past few days’ activities. At the beginning of the week, BTC was trading at a high of $105,329 just a day before hitting its current all-time high. As per CMC data, at the time of writing, the digital asset was trading at $95,633. How is Bitcoin Price Responding to ‘Buy the Dip’? Analysing its basic indicators, Bitcoin shows a selling spree in the token. This can be observed from the cryptocurrency’s RSI, which stands at 46.02. Additionally, Coinglass data shows BTC experiencing $62.03 million in liquidations in the last 24 hours. BTC/USDT Daily Price Chart (Source: TradingView) Additionally, its Chaikin Money Flow (CMF) indicator stands at a low of 0.08 further highlighting the low influx of capital into Bitcoin. However, if Ali’s predicted price resurgence occurs these market situations might resolve. On the other hand, the sector saw community members trending the ‘buy the dip’ talk over the past day. This occurred immediately after Bitcoin began its descent into the $90K zone. Finally, this price action also saw Ethereum hit the $3.3K level. Highlighted Crypto News Today: FTT Tops Gainers List with 8% Surge While Crypto Market Declines

The XRP price has continued its steep correction into the past 24 hours, with it currently hovering around the $2.2 price level. Nonetheless, analysts are still concerned about the possibility of the XRP price reaching new highs sooner than later, with some giving projections into the two-digit threshold at $10 and beyond. Interestingly, crypto analyst Cryptoinsightuk recently shared his thoughts on social media platform X, drawing attention to a potential roadmap for XRP to achieve this ambitious target. Mirroring The 2017 XRP Price Pattern Cryptoinsightuk has brought a compelling perspective to the ongoing XRP price correction and its previous rally, highlighting how its current trajectory resembles the movement it experienced in 2017. Back then, XRP consolidated a little bit in early 2017 before undergoing a powerful rally that extended into 2018. With this in mind, technical analysis from Cryptoinsightuk adjusted the price action at that time to size in relation to XRP’s previous breakout in early October. According to this, if XRP continues to follow the 2017 pattern, the cryptocurrency could replicate this crazy move throughout 2025. Interestingly, the analyst’s overlay of the 2017 price action suggested that the XRP’s 460% price breakout from its early October range of $0.5 is already halfway into replicating this movement. If this were to continue playing out this way, the analyst expects XRP to break above $10 in the first quarter of 2025. However, Cryptoinsightuk’s projections extend beyond this initial $10 target in Q1 2025. If XRP’s price continues to mimic the historic movement beyond the first quarter, the analyst envisions what he describes as a “moon boy blow-off top.” This phase, which is characterized by a larger parabolic surge in price, could push XRP as high as $35 by the third or fourth quarter of 2025. Factors To Push XRP’s Bullish Trajectory CryptoinsightUK’s bullish outlook on XRP hinges on the cryptocurrency’s ability to replicate its 2017 movement. Back then, the parabolic surge saw XRP go from below $0.0060 until it reached its current all-time high of $3.40. Punching in the numbers, this comes up to around 56,000% gain over 12 months or so. While XRP is currently in a positive market sentiment to continue a strong bullish move, market conditions in 2024 are different from those in 2017. Furthermore, the amount of inflow capital needed to reach $10 or $35 at this point would be far greater than what it took to reach $3.4 in 2018. However, increased institutional involvement and factors like political and expected regulatory positivity in 2025 suggest that the XRP price could nonetheless go on a comparable surge. Additionally, broader crypto market trends, such as Bitcoin’s performance, could contribute to the predicted XRP price surge. At the time of writing, XRP is trading at $2.18. Reaching the $10 and $35 price targets would translate to a 358% and 1,505% move, respectively.

In the competitive world of cryptocurrency exchanges, Bituzer shines by emphasizing user experience and robust security. Tailored for both novice and seasoned traders, Bituzer offers a seamless platform with an expansive selection of trading pairs. Here’s why Bituzer’s approach to trading is winning over crypto enthusiasts. Diverse Range of Trading Pairs Bituzer sets itself apart with its extensive variety of trading pairs. Whether you’re trading established cryptocurrencies like Bitcoin and Ethereum or exploring new altcoins, Bituzer provides unparalleled opportunities to diversify portfolios. This broad spectrum not only enhances investment flexibility but also helps mitigate risks while maximizing potential returns. Liquidity and Market Stability Efficient trading relies on liquidity, and Bituzer ensures smooth transactions by partnering with reputable market makers. This approach maintains consistent liquidity and deep market depth, enabling users to execute trades quickly and without significant price impacts. For high-volume traders, Bituzer’s liquidity guarantees stability and efficiency, creating an optimal environment for trading strategies. Transparent and Affordable Fee Structure Bituzer’s competitive and transparent fee system is a game-changer for traders. By minimizing costs, the platform ensures higher profit margins for users. Its clear pricing model allows traders to calculate fees upfront, eliminating unwelcome surprises and reinforcing Bituzer’s commitment to affordability and trust. Advanced Trading Tools Bituzer equips traders with cutting-edge tools to elevate their trading experience. Real-time market data, advanced charting features, and a variety of order types empower users to analyze markets and execute strategies with precision. From automated bots to sophisticated technical analysis, Bituzer caters to the needs of both casual and professional traders. Top-Notch Security Protocols In an era of increasing cyber threats, Bituzer prioritizes safeguarding user assets. Security measures include two-factor authentication (2FA), cold storage solutions, and regular security audits. These rigorous protocols foster trust and confidence, ensuring a safe and secure trading environment. Intuitive User Interface Bituzer’s user-friendly platform is designed to make trading straightforward and enjoyable. Customizable dashboards and streamlined navigation let users tailor their trading experience. This intuitive design allows traders to focus on their strategies rather than struggling with complex interfaces. Comprehensive Support and Educational Resources Bituzer goes beyond trading by offering exceptional customer support and a wealth of educational content. From tutorials and guides to detailed articles, users can easily enhance their understanding of crypto markets. A responsive support team is available round the clock, addressing queries and resolving issues promptly. Integration with Traditional Financial Systems Bituzer bridges the gap between cryptocurrency and traditional finance, offering seamless deposits and withdrawals in multiple fiat currencies. This integration simplifies fund transfers and ensures accessibility for a global audience, making Bituzer a practical choice for traders worldwide. Commitment to Regulatory Compliance Bituzer adheres to stringent regulatory standards, ensuring a secure and compliant trading environment. This dedication to legal and industry requirements protects users and fosters trust in the platform’s reliability and integrity. Conclusion: Why Bituzer Stands Out Bituzer is more than just a cryptocurrency exchange; it’s a comprehensive trading platform built on pillars of security, innovation, and user satisfaction. By offering diverse trading pairs, advanced tools, and a seamless user experience, Bituzer is transforming the crypto trading landscape. Whether you’re a beginner or a seasoned trader, Bituzer provides the tools and trust you need to succeed in the dynamic world of cryptocurrency. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

BNB price is consolidating above the $620 support zone. The price is consolidating and might aim for a fresh increase above the $675 resistance. BNB price is struggling to settle above the $700 pivot zone. The price is now trading below $680 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $675 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $640 level to start another increase in the near term. BNB Price Holds Support After a downside correction, BNB price found support at $620. It is now recovering losses like Ethereum and Bitcoin. There was a move above the $675 level before the bears appeared at $695. There was a move below the $680 and $675 levels. The price declined below the 50% Fib retracement level of the recovery wave from the $619 swing low to the $693 high. There is also a key bearish trend line forming with resistance at $675 on the hourly chart of the BNB/USD pair. The price is now trading below $675 and the 100-hourly simple moving average. However, the bulls are now active near the 76.4% Fib retracement level of the recovery wave from the $619 swing low to the $693 high. If there is a fresh increase, the price could face resistance near the $675 level and the trend line. The next resistance sits near the $692 level. A clear move above the $692 zone could send the price higher. In the stated case, BNB price could test $705. A close above the $705 resistance might set the pace for a larger move toward the $720 resistance. Any more gains might call for a test of the $735 level in the near term. Another Dip? If BNB fails to clear the $675 resistance, it could start another decline. Initial support on the downside is near the $640 level. The next major support is near the $625 level. The main support sits at $620. If there is a downside break below the $620 support, the price could drop toward the $612 support. Any more losses could initiate a larger decline toward the $600 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $640 and $620. Major Resistance Levels – $675 and $692.

XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone. XRP price struggled to clear the $2.40 resistance zone. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down if it stays below the $2.30 resistance. XRP Price Faces Resistance At $2.40 XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin and Ethereum. However, the bears were active near the $2.38 and $2.40 levels. A high was formed at $2.38 and the price started a fresh decline. There was a move below the $2.30 and $2.25 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. There is also a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.25 level. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620. More Downsides? If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level or the 61.8% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. The next major support is near the $2.050 level. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.120 and $2.050. Major Resistance Levels – $2.25 and $2.30.

Ethereum price extended losses and dropped below the $3,550 zone. ETH is showing bearish signs and might decline further below the $3,150 level. Ethereum started a fresh decline below the $3,550 zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,420 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,550 support zone. Ethereum Price Drops Below $3,550 Ethereum price struggled to start a fresh increase above the $3,550 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,450 level and traded below $3,300. It even dived below $3,220 and spiked below the $3,120 level. A low was formed at $3,100 and the price is now consolidating losses. There was a close below the 50% Fib retracement level of the recovery wave from the $3,100 swing low to the $3,553 high. Ethereum price is now trading below $3,500 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3,420 on the hourly chart of ETH/USD. The pair is now testing the 76.4% Fib retracement level of the recovery wave from the $3,100 swing low to the $3,553 high. On the upside, the price seems to be facing hurdles near the $3,350 level. The first major resistance is near the $3,400 level. The main resistance is now forming near $3,420. A clear move above the $3,420 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650. More Losses In ETH? If Ethereum fails to clear the $3,420 resistance, it could continue to move down. Initial support on the downside is near the $3,200 level. The first major support sits near the $3,120 zone. A clear move below the $3,120 support might push the price toward the $3,050 support. Any more losses might send the price toward the $3,000 support level in the near term. The next key support sits at $2,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,120 Major Resistance Level – $3,420

The latest surge in Litecoin’s price, the rapid expansion of Arbitrum’s Web3 gaming, and BlockDAG’s record-setting presale of over $170.5 million are capturing attention as the cryptocurrency market aims for a robust year-end. Litecoin’s price is moving toward the $150 mark, driven by significant purchasing by miners, while Arbitrum’s collaboration with Ubisoft brings its innovative decentralized gaming into the spotlight. Nevertheless, BlockDAG (BDAG) takes center stage with its $170.5 million presale, revolutionising the possibilities for next-generation blockchain technology. Following the success of a recent AMA featuring MIT Alum Maurice Herlihy, BlockDAG has hosted another session to reveal more significant updates, making it the top crypto project to watch. LTC’s Price Pushes Toward $150 with Miner-Driven Growth Since December 10, Litecoin has seen a 35% increase in its price, now peaking at $131 and on track for $150, driven by heavy accumulation by LTC miners who have recently bought $18 million worth of Litecoin. By retaining block rewards, miners have effectively reduced the new supply, increasing upward pressure during a period of heightened market interest. This accumulation coincides with increased trading volumes, demonstrating a rise in market confidence. If Litecoin can surpass the $127 resistance, it could reach $150. However, a drop below the $118 support level could disrupt the bullish trend. Ubisoft Enhances Arbitrum’s Ecosystem Arbitrum’s ecosystem benefits from significant investments and its pioneering partnership with Ubisoft to launch the new Web3 game, Captain Laserhawk: The G.A.M.E. This partnership underscores Arbitrum’s growing influence in the Web3 gaming sector. This collaboration is expected to boost network activity, potentially driving up ARB demand and reinforcing Arbitrum’s position as a key player in decentralized gaming infrastructure. The weekly influx of funds into the Arbitrum network has surpassed other leading Layer-1 networks, indicating a resurgence in market confidence. Furthermore, the Total Value Locked (TVL) in Arbitrum has increased from $3.29 billion to $3.91 billion ARB, highlighting a positive shift in network sentiment. BlockDAG’s Presale Skyrockets Following Viral AMA Event Amid Litecoin’s robust price surge, driven by significant miner sales and the expansion of the Arbitrum ecosystem through a strategic partnership with Ubisoft, BlockDAG is experiencing unprecedented growth. The recent AMA has catapulted BlockDAG’s presale to over $170.5 million, with more than 17.4 billion BDAG coins distributed. At a price of $0.0234 in the 26th batch, early participants have witnessed an extraordinary 2240% growth in returns since the initial batch, establishing BlockDAG as a frontrunner in the crypto space. BlockDAG’s progress is propelled by its innovative technology. Its system is fully compatible with Ethereum’s EVM, enabling a smooth transition for developers to move dApps and smart contracts to a more efficient, cost-effective, and scalable environment. Despite Ethereum’s ongoing issues with high transaction fees and network congestion, BlockDAG presents a refined blockchain alternative that merges Ethereum’s robust framework with advanced efficiency, making it increasingly attractive to developers and traders. The AMA session has delivered more thrilling developments and insights. The event provided a comprehensive summary of BlockDAG’s significant achievements throughout the year. It also revealed forthcoming plans for the platform, including tech enhancements and milestones in its presale campaign. With trader enthusiasm at an all-time high, BlockDAG’s path towards becoming a dominant player in the cryptocurrency sector is clear. As the platform prepares for its next development phase, traders are encouraged to secure their positions promptly and capitalize on BlockDAG’s continuous evolution in decentralizing technology. Crypto Trends to Watch The rally in Litecoin’s price, the expansion of Arbitrum’s Web3 dominance, and the unstoppable growth of BlockDAG’s presale exemplify the dynamic potential in today’s crypto market. While Litecoin benefits from miner-driven momentum and Arbitrum gains traction with strategic collaborations like Ubisoft, BlockDAG remains distinct. BlockDAG is celebrated as the top crypto to watch, with over $170.5 million raised, 17.4 billion coins sold, and unparalleled Ethereum compatibility that enhances scalability and innovation. As the AMA grabs attention, the anticipation around BlockDAG’s future escalates. The recent AMA has mirrored the success of the previous one led by MIT Alum Maurice Herlihy, and BDAG is poised for significant updates and monumental success. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Imagine a digital revolution unfolding at your fingertips—where every transaction, investment, and opportunity fits seamlessly into a world powered by cutting-edge blockchain technologies. In December 2024, this vision is closer than ever, thanks to the meteoric rise of some of the best altcoins to buy in December 2024. From the stability of Terra and Tether to the unique decentralised solutions offered by Tezos and Theta, each coin promises groundbreaking features. However, Qubetics ($TICS) stands tall among these innovations, a token redefining the game for blockchain newcomers and enthusiasts alike with its forward-thinking ecosystem. 1. Qubetics Wallet: Redefining Convenience and Security The best altcoins to buy in December 2024 aren’t just about potential—they’re about practicality. Qubetics ($TICS) delivers both, thanks to its groundbreaking Qubetics Wallet, which sets it apart in the crowded crypto landscape. Designed to enhance both convenience and security, this wallet empowers users to generate virtual cards directly within the application. These cards are perfect for online transactions wherever digital cards are accepted, adding a layer of ease to financial management. What makes this feature truly exceptional is its ability to bolster user safety. Virtual cards can be created, monitored, and deactivated in real-time, offering a secure alternative to using primary payment methods. By seamlessly blending accessibility and protection, Qubetics ensures that its users enjoy a streamlined yet fortified digital finance experience. This is innovation at its finest—a wallet that doesn’t just store assets but actively enriches how you interact with them. As if its wallet wasn’t impressive enough, the Qubetics presale is causing waves. Currently, in Phase 13, this dynamic presale structure sees token prices rise by 10% weekly, culminating in a 20% increase during the final stage. At just $0.034 per token, now is the moment to act, with over $7.5M already raised. Analysts predict a post-mainnet surge, projecting $TICS to soar to $10 to $15. With such rapid growth, the window to secure your stake is closing fast. Don’t wait until the mainnet launch to realise you’ve missed an opportunity to ride this extraordinary wave. The time to secure the best altcoins to buy in December 2024, like Qubetics, is now. 2. Terra: The Stablecoin Standard Terra is a blockchain that reimagines financial stability through its algorithmic stablecoins. By pegging its digital currencies to real-world assets, it offers consistent value in a volatile market. Terra’s robust ecosystem powers everything from DeFi apps to cross-border payments, making it a cornerstone for blockchain enthusiasts. It earns its place here by providing a reliable anchor in the ever-shifting crypto seas. 3. Tether: Liquidity at Its Best Tether has become synonymous with stability and liquidity in the crypto world. As the most widely used stablecoin, it bridges the gap between traditional finance and digital currencies. Its consistent value tied to fiat currencies makes it an essential tool for traders, offering unmatched flexibility in volatile markets. Tether’s reliability is why it deserves a spot on this list. 4. Tezos: A Pioneer in Decentralised Governance Tezos revolutionises blockchain by enabling seamless upgrades without hard forks. Its self-amending protocol allows the network to evolve while maintaining consensus. Additionally, its environmentally friendly proof-of-stake mechanism has drawn developers’ and investors’ attention. Tezos is here because it champions adaptability and sustainability in blockchain innovation. 5. Theta: The Future of Content Streaming Through its decentralised peer-to-peer infrastructure, Theta is transforming how we think about video streaming. By rewarding users for sharing bandwidth and resources, Theta reduces streaming costs while improving quality. This innovative approach has attracted partnerships with major media platforms, solidifying its position in the crypto ecosystem. Theta’s potential to reshape digital entertainment earns its place among the top contenders. Conclusion: Secure Your Future with the Best Altcoins to Buy in December 2024 Based on the latest research, the best altcoins to buy in December 2024 include Qubetics ($TICS), Terra, Tether, Tezos, and Theta. Each brings something unique, but Qubetics leads the charge with its innovative wallet and unparalleled presale structure. For those seeking a future-ready investment, Qubetics offers more than just a token—it provides a comprehensive ecosystem that blends innovation, security, and opportunity. With presale prices rising weekly, there’s no better time to act. Don’t wait to invest in a crypto that’s redefining the landscape. Seize this opportunity, and let Qubetics pave the way for your financial success. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone. Bitcoin started a fresh decline from the $100,000 resistance zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $92,000 support zone. Bitcoin Price Dips Again Bitcoin price failed to start another increase and extended losses below the $100,000 zone. BTC gained bearish momentum below the $98,000 and $96,500 levels. The price even spiked below $92,250. A low was formed at $92,159 before there was a recovery wave. However, the bears were active near the $100,000 level. A high was formed at $99,575 and the price started another decline. It traded below the $96,500 level. There was a clear move below the 50% Fib retracement level of the recovery wave from the $92,159 swing low to the $99,575 high. There is also a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading below $98,000 and the 100 hourly Simple moving average. It is also testing the 76.4% Fib retracement level of the recovery wave from the $92,159 swing low to the $99,575 high. On the upside, immediate resistance is near the $95,000 level. The first key resistance is near the $95,850 level. A clear move above the $95,850 resistance might send the price higher. The next key resistance could be $97,800. A close above the $97,800 resistance might send the price further higher. In the stated case, the price could rise and test the $98,500 resistance level. Any more gains might send the price toward the $100,000 level. More Downsides In BTC? If Bitcoin fails to rise above the $95,850 resistance zone, it could continue to move down. Immediate support on the downside is near the $93,800 level. The first major support is near the $92,500 level. The next support is now near the $91,200 zone. Any more losses might send the price toward the $90,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $92,500, followed by $91,200. Major Resistance Levels – $95,850 and $97,800.

The Open Interest (OI) in XRP has reached a remarkable $1.96 billion. At the time of writing, XRP is trading at $2.20, down 2.35% in the last 24 hours. From changes in the price of XRP to the introduction of the RLUSD stablecoin, there has been a flurry of activity recently in the Ripple ecosystem. Ripple Labs’ chief technology officer David Schwartz discussed the RLUSD stablecoin, which was recently launched. In a video message shared on Ripple’s official X account, Schwartz emphasized in a recent release that RLUSD stablecoin has real-world uses for both users and developers. According to him, this stablecoin is a dependable asset that aims to demonstrate the XRP Ledger’s potential. Aside from RLUSD’s increased liquidity and the ability to allow decentralized financial applications, he also said that XRP would still serve as a bridge currency for Ripple’s payment systems. Bears in Control In the last 24 hours, the Open Interest (OI) in XRP has reached a remarkable $1.96 billion, which is rather outstanding. With an impressive $834.67 million in Open Interest, Binance stands out among other cryptocurrency exchanges, according to data accessible from CoinGlass. This amounts to 42.62 percent of the total XRP OI. According to analysts, Ripple Labs’ efforts to promote XRP’s greater use in international payments are responsible for the current results. Following its recent run to $2.38, investors were expecting prices to rise above the $2.50 mark. At its present level, nevertheless, the token faced correction because of market volatility. At the time of writing, XRP is trading at $2.20, down 2.35% in the last 24 hours as per data from CMC. Moreover, the trading volume is down 29.13%. In the last 7 days, the price of XRP is down 8.92%, reflecting the ongoing bearish momentum. The $2.45 level is a technical hurdle for XRP. Substantial gains may be possible if this level is broken. Nevertheless, XRP can decline to $1.59 if the price falls below $1.90. Before a clear breakthrough, experts predict strong volatility between $1.90 and $2.45.

As 2024 comes to a close, investors are on the lookout for the most promising cryptocurrencies to grow their portfolios. With blockchain advancements accelerating across sectors, Qubetics ($TICS), Bitcoin ($BTC), and Cardano ($ADA) have emerged as the best coins to invest in December 2024. Each project combines innovation with practical real-world utility, offering immense potential for those seeking both stability and high returns. Qubetics stands out for its real-world asset tokenization feature, Bitcoin continues to lead as the store of value, and Cardano offers unmatched scalability for smart contracts. Let’s explore why these three projects are leading the way this December. Qubetics ($TICS): Powering Real-World Asset Tokenization Qubetics is redefining how industries interact with blockchain technology through its focus on real-world asset tokenization. Currently in its 13th presale stage, Qubetics has sold over 367 million $TICS tokens, raising more than $7.5 million from 11,300+ holders. At a price of $0.0342 per token, analysts predict $TICS could reach $15 post-mainnet launch, offering an ROI of 43,711.73%. Real-world asset tokenization is one of Qubetics’ most transformative features. By digitising tangible assets like real estate, art, and commodities, Qubetics allows these traditionally illiquid investments to be fractionalised, bought, and sold on blockchain networks. This creates greater accessibility for retail investors and unlocks new liquidity streams for asset owners. Imagine owning a share of prime commercial real estate in New York City for just a few hundred dollars. With Qubetics, this becomes possible. Small investors can access previously exclusive markets, while asset owners can easily raise funds by tokenising their holdings. For professionals in real estate, tokenization streamlines property management and transfer processes, reducing paperwork and transaction costs. Additionally, businesses can use Qubetics’ blockchain to issue digital bonds and other financial instruments securely and transparently, enhancing trust in capital markets. From tokenised gold for commodity investors to digitised art for collectors, Qubetics is bridging traditional assets with blockchain innovation. With its ambitious presale milestones and groundbreaking features, Qubetics is undoubtedly one of the best coins to invest in December 2024 for forward-thinking investors. Bitcoin ($BTC): The Ultimate Store of Value Bitcoin needs no introduction. As the first and most recognised cryptocurrency, Bitcoin continues to dominate the market as the leading store of value. Despite market volatility, Bitcoin has remained resilient, proving itself as a digital alternative to gold. In December 2024, Bitcoin is poised to gain further traction as institutional adoption accelerates. Financial giants and corporations have increasingly turned to Bitcoin to hedge against inflation and diversify their portfolios. As central banks around the world experiment with digital currencies, Bitcoin’s decentralised and deflationary nature offers a unique advantage. Beyond its role as an investment, Bitcoin is also facilitating real-world payments and financial inclusion. For instance, businesses in developing nations are adopting Bitcoin for cross-border payments, bypassing expensive intermediaries and ensuring faster transactions. Similarly, individuals use Bitcoin to store and transfer value securely in regions facing economic instability. For investors, Bitcoin’s established reputation and growing institutional demand make it one of the best coins to invest in December 2024. It remains the bedrock of cryptocurrency portfolios, offering both security and significant long-term potential. Cardano ($ADA): The Smart Contract Innovator Cardano has solidified its position as a leading blockchain platform, offering scalability, security, and sustainability for decentralised applications (dApps) and smart contracts. Its unique two-layer architecture separates computation and settlement processes, enabling faster transactions at lower costs compared to other platforms. Cardano’s recent focus on real-world applications has further elevated its appeal. Governments, enterprises, and institutions are exploring Cardano for applications in supply chain management, digital identity, and financial inclusion. For instance, agricultural supply chains in Africa are already leveraging Cardano’s blockchain to ensure transparency and accountability. One of Cardano’s standout features is its commitment to sustainability. Unlike energy-intensive proof-of-work systems, Cardano uses a proof-of-stake mechanism that significantly reduces environmental impact, attracting eco-conscious investors and developers alike. For investors, Cardano represents an opportunity to capitalise on the growing adoption of smart contract platforms. As more dApps and projects deploy on Cardano, demand for $ADA will continue to rise. Its strong fundamentals, scalability, and focus on real-world solutions make it one of the best coins to invest in December 2024. Conclusion: The Best Coins to Invest in December 2024 Qubetics, Bitcoin, and Cardano each bring unique strengths to the table, making them standout projects for December 2024. While Bitcoin continues to lead as the digital gold standard and Cardano offers a sustainable platform for smart contracts, Qubetics is at the forefront of real-world asset tokenization, creating new opportunities for investors and industries alike. For those seeking extraordinary returns, Qubetics is particularly compelling. Secure your future today—explore the potential of Qubetics, Bitcoin, and Cardano, and invest in projects shaping the next chapter of blockchain innovation. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

“From initial excitement to blockchain innovation, BlockDAG’s latest AMA session showcased the blueprint for its ambitious roadmap ahead.” BlockDAG (BDAG) hosted recent AMA session that engaged the crypto community profoundly, providing an open view into its continuous efforts and strategies within the blockchain ecosystem. This session was more than a simple update; it served as a prime example of how blockchain initiatives should maintain transparency with their audience. The discussions covered a wide range of topics including technical breakthroughs, strategies for engaging the community, and comprehensive plans poised to redefine its market role. Scaling New Heights: BlockDAG’s Innovative Approach At the heart of the AMA was the emphasis on scalability, a significant challenge for many blockchain networks as they expand. BlockDAG outlined its custom Directed Acyclic Graph (DAG) architecture, crafted to tackle the throughput and latency challenges that hinder conventional blockchains. The project’s leaders confirmed that their internal trials have recorded transaction speeds that substantially exceed the standard rates, marking a potential turning point for decentralized applications. “Speed is just one aspect,” stated the lead developer. “Our aim is to engineer a blockchain that accommodates myriad applications without sacrificing security or decentralization.” This advantage is not merely theoretical; the launch of the testnet in September provided developers a chance to test BlockDAG’s swift infrastructure, which garnered positive responses from the early participants. Building a Strong Ecosystem with Strategic Partnerships Another highlight was BlockDAG’s ongoing expansion of its ecosystem. The project not only continues to foster partnerships with significant sports franchises like Borussia Dortmund and Inter Milan but also plans to engage with tech companies to develop tangible applications in areas such as supply chain logistics, decentralized finance (DeFi), and gaming. A pivotal revelation was the launch of BlockDAG’s Decentralized Collaboration Fund, a $15 million initiative dedicated to backing independent developers, startups, and researchers focusing on DAG-based projects. This initiative reflects the project’s commitment to nurturing innovation within and beyond its core team. “This initiative is about building an ecosystem where both developers and users can prosper,” expressed the CEO. “We foresee a future where our technology lays the groundwork for revolutionary applications.” A Community-Driven Focus Community involvement is central to BlockDAG’s strategy, highlighted during the AMA with numerous initiatives aimed at integrating its expanding user base. From the TG Tap Miner game that combines gamification with blockchain learning to regular polls guiding feature development, BlockDAG prioritizes a community-oriented approach. An important update was the launch of the Community Governance Framework, designed to grant BDAG holders a significant role in decision-making processes, from protocol enhancements to ecosystem assets. This move is in line with the broader trend towards decentralization and shared governance within the crypto space. “Your involvement goes beyond financial; it’s your vote, your voice in our future,” emphasized the COO. From Presale to Market Debut While the presale has now amassed over $170.5 million, approaching its $600 million goal, the team also hinted at imminent exchange listings. While specific platforms remain undisclosed, there is confirmation of ongoing negotiations with both Tier-1 and Tier-2 exchanges. “Listings are vital for ensuring liquidity and accessibility,” mentioned the CFO. “We are nearing the completion of discussions to make BDAG available where it’s most crucial.” Educational Initiatives and Blockchain Advocacy BlockDAG is also focusing on education as a key tool for adoption. The AMA detailed upcoming educational endeavors such as webinars, hackathons, and courses designed to equip users and developers with the necessary skills to fully utilize the platform’s offerings. “Our success hinges on how well individuals understand and use our innovations,” stated the Chief Marketing Officer. The initial hackathon is slated for the first quarter of 2025, targeting the development of decentralized applications within the ecosystem, with prizes up to $250,000 for the best innovations. The Significance of BlockDAG’s Developments BlockDAG’s AMA was not just an event; it was an open dialogue addressing queries and setting a clear trajectory for future developments. From scalable solutions to a governance model driven by community involvement, the strategy outlined is multi-faceted, aimed at sustainable growth and impact. With exchange listings forthcoming, a strong focus on community engagement, and a detailed plan for ecosystem growth, BlockDAG is establishing itself not merely as another blockchain but as a platform poised to scale practical solutions. As the presale progresses into its final stages, all attention is on BlockDAG’s next steps, especially its ability to fulfill these comprehensive plans. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

With the artificial intelligence (AI) market still in its nascency, many experts see this space continuing to undergo a decade-long maturation process to achieve its true economic and social potential. That said, as things stand, the AI market is set to expand at a CAGR of 19.1% between 2024 and 2034, reaching a cumulative valuation of $3.68 trillion by the end of the aforementioned time window. With this context in mind, it bears mentioning that despite this immense upside, most contemporary AI infrastructures have remained highly centralized, with the landscape being overwhelmingly controlled by a handful of tech giants, including Microsoft, Google, OpenAI, and Amazon. This concentration of power has had profound implications for innovation within this space, especially from an ethical standpoint. As a result, the AI development realm is undergoing a profound transformation, with projects like 0G recently introducing the world’s first Decentralized AI Operating System (dAIOS). The os challenges the fundamental architecture of traditional AI platforms, offering a brand-new approach to data management, transparency, and computational efficiency. Thanks to dAIOS’ unique technological proposition, 0G was able to secure $290 million in funding recently from prominent venture capital firms, including Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands, Stanford Blockchain Fund, Polygon, among several others. The centralization issue and its implications As highlighted earlier, the centralization of AI development has resulted in the creation of a multifaceted problem that extends far beyond simple technological constraints. For starters, when a small number of well-resourced organizations are able to dictate AI-related research, development, and implementation, it inevitably leads to a narrow perspective that can perpetuate existing societal biases and limit innovative potential. The infamous case of Amazon’s AI recruiting tool is a perfect illustration of this conundrum. The tool was abandoned after it was found to favor male candidates due to being trained on resumes predominantly from male employees, reflecting a gender bias ingrained in the data used. Somewhat similarly, data control is another critical challenge when it comes to AI centralization. Organizations that possess vast datasets necessary for training AI models effectively become gatekeepers of technological innovation. According to McKinsey, cloud service providers (CSPs) like Amazon Web Services, Google Cloud, and Microsoft Azure currently own more than 50% of the world’s AI-ready data center capacity. Not only that, during Q1 2024, AI-focused startups raised $12.2 billion, but this investment is heavily skewed toward established players and those with access to substantial datasets. Lastly, centralized AI systems create single points of failure that can be vulnerable to sophisticated cyber-attacks, data breaches, or systematic manipulations. When all computational and data storage infrastructure relies on a limited number of centralized servers, the potential for catastrophic disruptions increases exponentially. A shift in developmental perspective 0G’s dAIOS represents a fundamental reimagining of AI infrastructure thanks, in large part, to its modular architecture. By leveraging the power of the blockchain, it coordinates distributed hardware resources including storage, computation, and data availability. This approach enables a scalable, transparent, and auditable framework that can integrate seamlessly across various workflows. The system’s architecture comprises three critical components, namely 0G Storage, 0G Data Availability (DA), and 0G Serving. Each module is designed to address specific aspects of AI workflows, facilitating efficient management of massive data loads and enabling real-time interactions with decentralized applications (dApps). For instance, 0G Storage utilizes advanced erasure coding to secure data while maintaining accessibility, managed by incentivized miners through a unique Proof of Random Access (PoRA) consensus mechanism. The performance metrics have been remarkable, to say the least. With throughput speeds of 50 GB per second, 0G has been able to outperform its competitors by an astounding 50,000 times, and at 100 times lower cost. Empowering different industries The implications of 0G’s dAIOS extend far beyond technological innovation. By democratizing AI as a public good, the platform has the potential to create opportunities for unprecedented collaboration and innovation across diverse industries. Healthcare, for example, could benefit from more transparent and secure data sharing, enabling researchers to collaborate without compromising patient privacy. Similarly, financial institutions could leverage decentralized infrastructure to develop more transparent and fair algorithmic trading systems. The gaming and decentralized finance (DeFi) sectors are already showing significant interest in 0G’s capabilities since the ability to process massive datasets quickly and securely has opened up new frontiers for complex, data-intensive applications that were previously constrained by centralized infrastructure limitations. Thus, by providing users complete control over their data, promoting transparency, and creating robust monetization mechanisms, dAIOS’ development seems to be ushering in a critical step towards a more equitable and efficient technological future. Interesting times ahead!

Bitcoin has been on a correction path since it reached a new all-time high of $108,135 on December 17. Notably, this correction has seen the leading cryptocurrency decline by about 10% up until the time of writing and even breaking below $93,000 very quickly. This notable decline has seen Bitcoin retesting the Bollinger Bands, and technical analysis suggests a bounce from here to reach a price target around $178,000. Bitcoin Retests Monthly Upper Bollinger Band Bitcoin’s recent price correction has caught the eye of crypto analyst Tony Severino, who highlighted a critical retest of the monthly upper Bollinger Band. Sharing his insights on social media platform X, Severino emphasized the significance of this technical indicator, which measures market volatility and potential reversal points. According to him, this development mirrors a similar pattern observed in January 2024, which eventually led to a substantial rally after a similar retest. According to the daily candlestick chart shared by Tony Severino, the upper Bollinger Band is currently situated just above $96,000, which is around Bitcoin’s current price. This Bollinger Band retest suggests that Bitcoin might be entering a new phase of upward momentum after the recent corrections. Historical Echoes: January 2024’s 86% Rally Offers A Blueprint Severino’s analysis draws parallels between the current price movement and Bitcoin’s behavior earlier in 2024. He noted that in January 2024, a similar retest of the monthly upper Bollinger Band preceded an 86% rally in Bitcoin’s price. At that time, Bitcoin was trading near $46,000, following a strong price rally that was brought forward from late 2023. However, January saw a brief correction, with Bitcoin’s price dropping to $40,000 to test the upper Bollinger Band. This test acted as a launchpad for not only a continued rally but also pushed Bitcoin to break its then all-time high and surpass $70,000 in March for the first time in its history. If Bitcoin were to replicate this 86% rally at this point, it could soar to approximately $178,000, which Severino noted is aligning with the upper range of his target zone. In another analysis, the analyst predicted that Bitcoin could reach its market top as early as January 20, 2025. At the time of writing, Bitcoin is trading $96,402, still hovering around the upper Bollinger Band. Interestingly, the leading cryptocurrency is currently down by 2.11% and 5.4% in the past 24 hours and seven days, respectively. This pullback has led to the realization of over $5.72 billion in Bitcoin profits, which has added to the short-term selling pressure. The impact of this correction is evident in Bitcoin’s Relative Strength Index (RSI), which has fallen sharply from 69 on December 17 to its current reading of 45. However, there are reasons to believe that the selling pressure may be easing. This is because the RSI level of 43 has acted as a significant support zone for Bitcoin since September. If this support holds, it could provide the foundation for Bitcoin’s move towards $178,000. Featured image from ABC News, chart from TradingView

In the cryptocurrency space, XRP is gaining much attention, and many people are making predictions regarding its prospects for 2025. Bitstamp, a cryptocurrency exchange, excites investors with its promising future. The XRP Army, a dedicated group of aficionados, is feeling hopeful after Bitstamp declared that the altcoin will “make history” next year. A Year Of Development And Transformation For XRP, 2024 has been a great year. The digital asset has gained more than 250% since the March 2020 low of $0.1151 up to a current high of $2.30. The impressive gain comes after significant events that have made the climate for cryptocurrencies improve, like Donald Trump’s election victory and Securities and Exchange Commission Chair Gary Gensler’s resignation. Amid challenges such as ongoing legal disputes with the SEC, XRP was able to avoid a prolonged consolidation trend that had been in place for over three years. Analysts are optimistic about the prospects of XRP by 2025. There are projections that it will be at a historic high of $3.55 in the first quarter of 2025. Other projections see prices going as high as $5 to $20. However, these projections are coupled with a sense of warning because there’s always market volatility in the picture. Key Drivers Influencing XRP’s Outlook Several elements are seen coming into play in the trajectory of XRP’s performance next year. The expected approval of an XRP exchange-traded fund (ETF), which could so increase investor confidence, could be one main stimulus. Moreover, the resolution of Ripple’s legal headaches with the SEC should give the market some stability and clear direction. Although optimism exists, other analysts caution that not all investors will benefit from the expected price increase of XRP. An analyst said that a big number of holders might be disappointed if their expectations don’t materialize. The Road Ahead For XRP XRP’s path seems to be set for major benchmarks as we go toward 2025. The community of cryptocurrencies expects price swings but also innovations and further acceptance of Ripple’s coin. Forecasts indicate that XRP requires a 60% rise to reach its prior all-time high, which is the cause for great hope regarding a major comeback. Featured image from AscendEX, chart from TradingView