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Current Bitcoin Mining Operations Annual Run Rate of Approximately $83 Million LAS VEGAS–(BUSINESS WIRE)–$AGREE #151_Bitcoin_Mined_December_2023—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that the Company has decided that it will start holding up to 20 percent and minimum of five percent of the Bitcoin it mines on the Company’s balance sheet. This strategic move is part of the Company’s broader plan to adjust its asset management approach to ultimately create a more valuable enterprise and drive stockholder value. Milton “Todd” Ault III, Founder and Executive Chairman of Ault Alliance, commented on this development, saying, “Our confidence in Bitcoin as a sustainable asset class is consistent with the insights from Michael Saylor, Executive Chairman of MicroStrategy, documented in their white papers on the topic. We are aligning our approach to capitalize on this digital asset’s short term and long-term potential.” Ault Alliance, through its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), has made significant strides in Bitcoin mining, with December 2023 marking the highest single monthly run rate for Bitcoin miners in the Company’s history, as Sentinum mined approximately 151 Bitcoin during the month. Around 77 Bitcoin were mined at Sentinum’s data center in Michigan, while approximately 74 Bitcoin came from mining machines hosted with Core Scientific, Inc. This monthly run rate amounted to about $6.9 million, setting an annual run rate for current Bitcoin mining operations at approximately $83.3 million, based on a Bitcoin price of around $46,000. Kenneth S. Cragun, Chief Financial Officer of Ault Alliance, remarked, “The new accounting guidance will require companies to measure Bitcoin at fair value on their balance sheets with changes recorded in net income each reporting period. Our financial team is well-equipped to manage the new accounting and disclosure requirements related to holding Bitcoin on our balance sheet, ensuring compliance and optimal asset utilization.” This decision underscores Ault Alliance’s commitment to staying abreast of the digital economy’s evolution by strategically adjusting its overall asset management strategy. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235
 
The twitter account of the U.S SEC was compromised by hackers, claiming all ETFs approval. The result was a liquidation of more than $140 million within a few hours. The crypto community is eagerly waiting for the SEC to announce its verdict on the spot Bitcoin ETF. Today, January 10, is the last day for the SEC to decide whether to accept or reject the ARK 21Shares Bitcoin ETF (ARKB). According to industry experts, the 11 spot Bitcoin ETFs’ prospectuses will likely be approved simultaneously. The twitter account of the U.S SEC was compromised by hackers, who then made false postings claiming that all Bitcoin ETFs had been approved. Spot bitcoin exchange-traded products have not been authorized for listing or trading, as quickly announced by SEC Chair Gary Gensler. The result was a liquidation of more than $140 million within a few hours. The precipitous decline in the value of the cryptocurrency was predictable. With millions of dollars in liquidations, Bitcoin’s price climbed from $46,700 to $48,000 before crashing to $45,300 zone in a matter of minutes. Curiously, ETH remained strong, rising over $2,400 after a 5% daily gain, while other altcoins are trading in red. High Volatility Expected In the last 13 weeks, the price of Bitcoin has increased from $27,000 to $47,000, a 70% increase. Along with retail traders cashing in on gains at times of extreme volatility, there may be selling pressure from Bitcoin miners who are transferring their holdings to centralized exchanges. Source: CoinMarketCap At the time of writing, Bitcoin is trading at $45,646, down 1.89% in the last 24 hours as per data from CoinMarketCap. Moreover, the trading volume is down 5.26%. If the price manages to go below $45,410 then the price will likely decline further to test $43,330 support level. However, if the price manages to go above $46,210 then it will likely test $46,980 resistance level.
 
Victoria, Seychelles, January 10th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has launched its most recent monthly Proof of Reserves (PoR) report, demonstrating its industry-leading commitment to transparency with a robust total reserve ratio of 175%. This regularly-released PoR disclosure underscores Bitget’s unwavering pledge to maintain 100% backing for user funds at all times through substantial on-hand reserves. The January 2023 PoR data highlights Bitget’s unrelenting focus on prudent financial management and stability. With these strong reserve numbers, Bitget confirms its steadfast dedication to safeguarding user assets through unparalleled visibility into its balance sheet. According to Coinmarketcap’s data on January 8th, Bitget’s total reserves surpassed $1.8 billion consisting of major cryptocurrencies such as BTC, ETH, USDT, and USDC, among others. This routine audit provides clear visibility into Bitget’s ongoing commitment to openness and accountability. Bitget’s dedication to transparency aligns with its focus on maximizing user protection. In addition to its robust reserves, Bitget has established a Protection Fund and publishes monthly valuations to further safeguard users from unforeseen threats. About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Rachel Cheung [email protected]
 
Ethereum-based memecoin Shiba Inu (SHIB) has once again garnered the attention of the crypto community as the altcoin has witnessed a massive whale accumulation leaving the community to ponder on the reason behind the whale accumulation. Shiba Inu Whale Amassed 1.44 Trillion SHIB Recent data from crypto analytics firm Lookonchain has revealed that new buyers are stacking Shiba Inu on Binance and Gate.io. The analytics platform shared the data on the social media platform X (formerly Twitter). As of the time of the report, over 1.44 trillion SHIB, valued at about $13.36 million, had left exchanges in less than 48 hours. With split purchases over a period of time, the accumulation was a clear move. Lookonchain revealed that the unknown whale addresses 0xF633Cd….3493Bbac began the accumulation on the Binance platform. The whale reportedly moved 400 billion SHIB tokens from the platform to the wallet address. Additionally, the whale received another 146,342,102,182.77 SHIB around an hour later. This brings down the total amount of SHIB withdrawn from Binance to 546,342,102,182.77, valued at approximately $5.18 million. Furthermore, the analytics firm reported another massive Shiba Inu withdrawal from the crypto exchange Gate.io. Lookonchain shows that the whale started the accumulation from Gate.io with an initial batch of 32,913,563,627.61 SHIB tokens. Meanwhile, the next whale accumulation which was the largest consists of 499,999,665,444.45 SHIB. The whale then completed the move with an additional 362,134,360,200.61 SHIB buy. This brought the total amount of SHIB amassed to a whopping 895,047,589,272.67 valued at about $8.5 million. According to Lookonchain, the aforementioned wallet address 0xF633Cd….3493Bbac is responsible for the tokens withdrawn from both crypto platforms. These transactions came at a time when the Shiba Inu was experiencing a price rebound. However, there is no solid proof that these transactions have affected the price of SHIB positively. A Significant Drop In Shibarium Transaction Counts The Shiba Inu layer 2 blockchain platform Shibarium has experienced a significant drop in its transaction counts. The drop in transactions might suggest a broader change in users’s confidence and engagement. According to data from Shibariumscan, the network’s daily transactions are currently pegged at 2.73 million. This is the lowest the network has seen in months now. The network has been seeing a notable decrease in transaction counts since the close of the previous year. The drop in daily transaction counts indicates a decline in the network’s adoption. Data from Shibarium Explorer shows that the network’s utilization is down up by 11%. However, this is a drop from the 30% network utilization it recorded on Monday, January 8. As of the time of writing, SHIB was trading at $0.000009522, indicating an increase of 1.20% in the past 24 hours. Meanwhile, its 24-hour trading volume is currently seeing an uptick of 64%, according to CoinMarketCap.
 
On Tuesday, the crypto market was taken by storm when a tweet emerged from the official X (formerly Twitter) account of the United States Securities and Exchange Commission (SEC) saying all Spot Bitcoin ETF applications had been approved. This had been initially followed by a surge in price but this was short-lived as the price would crash shortly after. The reason for this was because Gary Gensler, chairman of the Commission, revealed that the tweet was fake and the regulator’s social media account had been compromised. SEC Hack Triggers $220 Million In Liquidations In the wake of the wild Bitcoin price fluctuations that were triggered by the SEC’s hack, a large number of crypto traders found themselves with massive losses on their hands. According to data from CoinGlass, over $220 million have been liquidated in the last 24 hours, leading to the second-largest liquidation event so far in 2024. The website also notes that over 70,000 traders were victims of this liquidation event as well. Also, given that the price of Bitcoin and other assets in the crypto market had seen price fluctuations in both directions, both long and short traders were affected. However, given that the crash to the downside has persisted for longer, long traders have come out as the group with the most liquidations during this time. Out of the more than $220 million in liquidations recorded, long trades made up 60.47% with $133.5 million, while the volume of short liquidations came out to $87.29 million for the same time period. Bitcoin saw the largest single liquidation order during this time as well which took place on the ByBit exchange. A single trade worth $6 million was liquidated across the BTCUSD trading pair, with total liquidations on the crypto exchange coming out to $36.66 million. This falls behind market leader Binance with $83.88 million and OKX with $73.97 million. Spot Bitcoin ETF Is A Sell The News Event? The debate of whether the Spot Bitcoin ETF approval has already been priced in and if an announcement will lead to a decline in price has been waxing stronger over the last few weeks. Experts have chimed in to give their thoughts on what will follow an approval. Crypto analyst Andrew Kang believes that approval would lead to a scramble among applicants to grab as much as possible from the $10 billion to $20 billion expected to come from fees. As such, they will all be at the forefront of marketing to push their ETFs. On the flip side, renowned economist, Peter Schiff, believes that a spot ETF would actually not be good for the asset. Apparently, the advent of a spot Bitcoin ETF would mean that there is no longer any good news to trigger a price rally. As such, it would turn into a ‘sell the news’ event. However, if the performance from Tuesday is anything to go by, it could mean that the ETF is already priced in given that there was a decline in price, even before the SEC dismissed the tweet from the hacked account.
 
Ben Zhou, the CEO and co-founder of Bybit, outlined the future of the cryptocurrency business in his keynote speech after the exchange increased its spot market share by eight times in 2023. Bybit’s noteworthy achievements and future goals were highlighted during the CryptoArk Keynote, demonstrating the company’s steadfast dedication to growing the digital asset market. Ben discussed the accomplishments of Bybit, which include growing to over 20 million users, introducing 93 new products, facilitating 96 chains for deposits and withdrawals, and becoming the third-biggest derivatives exchange. Bybit’s growth into the UAE, South Africa, and the Netherlands further demonstrated its dedication to compliance and solidified its standing as a reliable, international cryptocurrency platform. The company’s emphasis on improving platform stability and user experience was emphasized throughout the talk. Despite market volatility, the business tripled its transaction volume capacity and maintained a 99% uptime rate. Additionally, Ben revealed its audacious plan to process one million transactions per second by 2024. Upgrades such as the Unified Trading Account, which now includes Perp Protect and customisable collateral assets, demonstrated Bybit’s commitment to provide a stable and intuitive trading environment. Bybit showed impressive development in the institutional services space, with an 182% rise in institutional collaborations. Through the incorporation of spot trading into portfolio margin, Bybit has increased the capital efficiency of trading methods for its customers. The business also demonstrated its expertise in cutting-edge trading solutions with the launch of new structured and wealth management products, copy trading, and AI-powered trading tools. Ben stated: Bybit reaffirmed its commitment to leading the cryptocurrency sector and emerging as the global Crypto Ark at its Crypto Ark Keynote. Bybit anticipates that 2024 will provide even more innovative developments and inclusive experiences that will further establish Bybit’s standing as a major force in the future of the cryptocurrency space. Visit this link to see the Keynote.
 
In a market dominated by red arrows, one Solana-based meme coin is swimming against the tide. BONK, the self-proclaimed “first Solana dog coin,” has soared a staggering 15% in the past 24 hours, emerging as a beacon of green amidst a sea of plummeting peers. While Dogecoin and Shiba Inu wallow in double-digit losses, BONK has bucked the downtrend, leaving investors wondering if this canine crusader has the bite to back its bark. But BONK’s bullish gallop isn’t an isolated thing. This week has seen the meme coin rise 10%, propelling its value to $0.00001363 – a testament to its impressive medium-term momentum. Positive Forecast For BONK Analysts predict this positive trajectory to continue, especially if tomorrow’s highly anticipated decision by the US Securities and Exchange Commission (SEC) on Bitcoin ETFs paves the way for a broader market bull run. In such a scenario, BONK’s potential for disproportionate gains, even eclipsing Shiba Inu’s, is a tantalizing prospect for risk-tolerant investors. Fueling BONK’s ascent is a potent cocktail of positive factors. Its social engagement has nearly doubled, sparking a buzz that translates into tangible market momentum. Trading volumes have skyrocketed 130%, reaching a staggering $285 million in the past day – more than twice that of Shiba Inu, showcasing the surging interest from retail investors. This surge in activity has catapulted BONK’s market cap past $800 million, cementing its place as the 81st largest digital asset, a remarkable feat for a relatively young project. Further driving BONK’s appeal is its upcoming listing on OKX, a leading global cryptocurrency exchange. This strategic move promises to broaden BONK’s reach and expose it to a wider audience, particularly within the Solana ecosystem. The potential surge in investor interest this listing could trigger could be a significant catalyst for future price appreciation. BONK Technical Overview Technical indicators add to the optimistic picture. BONK currently dances above both the 10-day and 200-day Simple Moving Averages (SMAs), signaling robust buying pressure. The 20-day Exponential Moving Average (EMA) sits comfortably above the 50-day EMA, reinforcing the upward trend. And for good measure, the Chaikin Money Flow index flashes a bullish $0.20, painting a picture of healthy and sustained buying interest. However, as with any cryptocurrency, caution is paramount. Meme coins are notorious for their volatility, and BONK’s recent gains are no guarantee of future glory. Regulatory uncertainties surrounding the SEC’s decision further cloud the outlook. Additionally, BONK’s fortunes remain tied to the overall health of the cryptocurrency market. Despite these caveats, BONK’s performance stands out like a sore thumb in the current market landscape. Its technical indicators, combined with its growing social buzz and strategic moves like the OKX listing, present a compelling case for the meme coin’s continued ascent. Whether BONK dethrones Shiba Inu to become the king of meme coins remains to be seen, but one thing’s for sure – this Solana underdog is barking loud enough to turn heads in the crypto arena. Featured image from Freepik
 
These apps include Binance, Kraken, Mexc, and Kucoin, among others. The FIU had sent nine cryptocurrency exchanges with show-cause warnings last month. A number of prominent cryptocurrency exchanges’ mobile apps have simply vanished from India’s Apple App Store. These apps include Binance, Kraken, Mexc, and Kucoin, among others. This action is being taken a week and a half after these exchanges were named for supposedly running “illegally” inside the nation. The Indian government agency in charge of investigating and analyzing financial activities, known as the Financial Intelligence Unit (FIU), sent nine cryptocurrency companies with show-cause warnings last month. AML Non-compliance In addition to Huobi (HTX) and Gate.io, Bittrex and Bitfinex are also impacted exchanges. However, as per reports, Bitstamp, another exchange that has been warned by the FIU, is still available on the App Store in India. Claiming non-compliance with India’s anti-money laundering (AML) regulations, the notifications targeted these platforms. The Financial Intelligence Unit (FIU) subsequently asked the Indian Ministry of Information Technology (IT) to blacklist all nine exchanges. Despite being pulled from Apple’s App Store, these crypto exchange applications may still be found on Google Play in India, and their websites can still be accessed from inside the nation. This incident illustrates the continued regulatory scrutiny that crypto platforms in India are subject to, which may affect the accessibility of their mobile apps. There has been a noticeable trend in recent times among Indian traders who are moving their cryptocurrency assets to international platforms. This might be because they are trying to avoid the heavy tax consequences that the Indian government has put in place. Many international platforms do not adhere to the same degree of verification and regulatory compliance as local crypto exchanges, which conduct rigorous KYC verifications for new user enrolment. Highlighted Crypto News Today: Shiba Inu Burn Rate Surges 667% Amid Market Reversal
 
As the cryptocurrency market gears up for what many anticipate to be a substantial bull run in 2024, investors are eagerly eyeing tokens poised for exceptional performance. This article sheds light on six tokens, Retik Finance, Solana, Ripple, Cardano, Avalanche, and Dogecoin expected to perform best in the upcoming bull run, with a special emphasis on Retik Finance. Retik Finance (RETIK): Bridging the Gap Between Traditional and Digital Finance Retik Finance has emerged as a trailblazer in the decentralised finance (DeFi) space, introducing innovative solutions that seamlessly merge traditional financial concepts with the power of blockchain technology. One of Retik Finance’s standout offerings is the Retik DeFi Debit Cards, which empower users to spend their cryptocurrency holdings in real-world transactions. Key Features of Retik DeFi Debit Cards: Spend Anywhere, Anytime: Users can utilise their cryptocurrency for everyday purchases, including online shopping, bill payments, and transactions at physical stores. Cash Withdrawals: Access crypto funds in cash from ATMs worldwide, simplifying the process without the need for complex conversions. Anonymity and Privacy: Unlike traditional financial systems, Retik DeFi Debit Cards do not require Know Your Customer (KYC) procedures, ensuring confidential and secure transactions. Cashback Rewards in $RETIK: Every transaction made with Retik DeFi Debit Cards earns users cashback in $RETIK tokens, enhancing financial benefits with every purchase. Seamlessly Integrated Wallet: The cards are linked to the Retik Wallet, providing a centralised platform to monitor transactions, track spending, and manage crypto holdings. Empowering Financial Freedom: Retik DeFi Debit Cards serve as a gateway to financial autonomy, enabling users to use their crypto holdings in the real world. Universal Acceptance: Through partnerships with Visa and Mastercard, Retik DeFi Debit Cards are accepted at millions of locations globally, ensuring unmatched accessibility. The RETIK token, currently in its presale stage, is expected to gain momentum as it approaches listing on exchanges in the third quarter of 2024. The presale success, raising over $6.7 million after selling over 134 million RETIK tokens, underscores investor confidence in Retik Finance and its potential for growth in the upcoming Bull Run. As the cryptocurrency market enters the anticipated bull run, Retik Finance’s innovative approach to merging traditional and digital finance positions it as a key player. The focus on user-friendly solutions, financial autonomy, and strategic partnerships sets Retik Finance apart, making RETIK a token with significant potential in the upcoming market surge. >>>> Click Here To Buy RETIK Tokens <<<< Solana (SOL): The Speed and Scalability Champion Solana has captured the crypto community’s attention with its remarkable speed and scalability attributes, making it a prominent player in the blockchain space. With the capacity to handle a high volume of transactions per second at minimal fees, Solana stands out as a top choice for developers and users alike. Solana’s Noteworthy Achievements: NFT Sales Volume Surpassing Ethereum: Solana achieved a significant milestone by briefly surpassing Ethereum in NFT sales volumes, highlighting its potential to compete with established platforms. Price Momentum and Golden Crossover: Solana’s price has significantly surpassed both its 50-day and 200-day exponential moving averages, signalling a reinforced bullish trend in the foreseeable future. Potential Price Surge: Trading below the recently established R1 level for January 2024, Solana anticipates a potential surge to $140 upon a successful breakout beyond $121. Robust Support Levels: In potential downturns, the region between the psychologically significant $100 level and the P level of the Fibonacci pivot point at $95 is expected to provide robust support for Solana’s price movement. As the crypto market enters the anticipated bull run, Solana’s impressive performance and strategic positioning make it a token to watch in 2024. >>>> Click Here To Buy RETIK Tokens <<<< Ripple (XRP): Transforming Cross-Border Payments Ripple, with its digital asset XRP, has carved a niche for itself in facilitating efficient cross-border payments and enhancing liquidity within financial institutions. The Ripple Protocol Consensus Algorithm (RPCA) sets XRP apart by enabling swift transaction validation without extensive computational power. Key Points about XRP: Regulatory Clarity: A significant development occurred on July 13, concluding a legal dispute with the United States Securities and Exchange Commission. The court ruled in favour of Ripple Labs, affirming that XRP is not a security. Swift and Cost-Effective Transactions: XRP transactions are notably faster and more energy-efficient than other cryptocurrencies, making it an attractive choice for remittances and international money transfers. Market Dynamics: Regulatory hurdles in specific jurisdictions have impacted XRP’s market dynamics, but with the recent legal victory, XRP has witnessed a remarkable surge in price. As the regulatory landscape clears, XRP’s focus on transforming traditional finance and its recent legal victory position it as a potential winner in the upcoming bull run. >>>> Click Here To Buy RETIK Tokens <<<< Cardano (ADA): Innovating with a Scientific Approach Cardano, renowned for its scientific methodology and commitment to security and scalability, is set to make waves in the upcoming bull run. The introduction of the Hydra Layer-2 solution marks a significant advancement, enhancing Cardano’s scalability and throughput. Cardano’s Strengths: Scientific Approach: Cardano’s approach to blockchain development is grounded in scientific research, contributing to its robust and secure platform. Hydra Layer-2 Solution: The recent rollout of Hydra addresses scalability limitations, empowering Cardano to process a higher volume of transactions per second. Bullish Recovery: ADA’s bullish recovery in late 2023, breaching both the 50-day and 200-day exponential moving averages, indicates positive momentum. Potential Targets: If key resistance levels are breached, ADA could target $0.74 and eventually $0.85, making it an intriguing prospect for investors. As Cardano continues to innovate and refine its ecosystem, ADA’s potential for growth in the upcoming bull run stands out. >>>> Click Here To Buy RETIK Tokens <<<< Avalanche (AVAX): Resilience and Recovery Avalanche, with its AVAX token, has demonstrated resilience and recovery since mid-January 2023. Despite facing resistance around the $21-22 range, Avalanche has overcome challenges and positioned itself for potential bullishness. Avalanche’s Notable Points: Range-Bound Movements: Avalanche experienced range-bound movements but doubled in price to touch $48 before correcting slightly to $41 as of writing this article. Parallel with Cardano Price Action: Avalanche’s price action closely mirrors that of Cardano, undergoing significant recovery between November and December 2023. Immediate Target: AVAX is poised for a potential surge to $48, with further targets at $54.5 if key resistance levels are breached. Support Levels: In potential downturns, support for AVAX price is expected around $36, coinciding with the P level on the Fibonacci pivot points. Avalanche’s resilience and recent price movements position it as a token with the potential for significant gains in the upcoming bull run. >>>> Click Here To Buy RETIK Tokens <<<< Dogecoin (DOGE): The Memecoin with Momentum Dogecoin, initially conceived as a meme-based coin, has transformed into a favored digital asset with widespread acceptance. Its value stems from celebrity endorsements, social media attention, and a dedicated community. Dogecoin’s Unique Characteristics: Breakout from Descending Wedge Pattern: DOGE has demonstrated a notably bullish shift by breaking free from the descending wedge pattern, affirming an expected bullish trend. Golden Crossover and Upward Momentum: The breakout is accompanied by a bullish golden crossover between the 50 and 200-day exponential moving averages, signalling upward momentum. Support in Downturns: DOGE’s price finds support around the S1 level of the Fibonacci pivot points, situated at $0.083. As Dogecoin continues to stand out in the expansive crypto landscape, its distinctive nature and community-driven momentum make it an intriguing asset for the upcoming bull run. Conclusion: Diversifying Portfolios for Success The upcoming bull run in 2024 presents an array of opportunities for cryptocurrency investors. While Bitcoin and Ethereum remain foundational choices, tokens like Retik Finance (RETIK), Solana (SOL), Ripple (XRP), Cardano (ADA), Avalanche (AVAX), and Dogecoin (DOGE) offer unique features and potential for substantial gains. Retik Finance’s focus on merging traditional finance with DeFi, Solana’s speed and scalability, Ripple’s transformation of cross-border payments, Cardano’s scientific approach, Avalanche’s resilience, and Dogecoin’s unique community-driven momentum contribute to the diverse landscape of top-performing tokens. Investors are advised to conduct thorough research, assess risk tolerance, and consider the dynamic nature of the crypto market before making investment decisions. The upcoming bull run offers exciting possibilities, and a diversified portfolio that includes promising tokens like Retik Finance could be instrumental in capturing the full range of opportunities presented by the crypto market’s growth. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website Whitepaper Linktree
 
In the diverse world of investment, the paradigm is shifting. Traditional strongholds like real estate are now being rivalled by the burgeoning cryptocurrency market. Within this space, certain tokens – Solana (SOL), Retik Finance (RETIK), and Ethereum (ETH) – are emerging as not only profitable but also potentially safer investments than real estate. This article will delve into how these tokens, particularly Retik Finance, are reshaping the investment landscape. Cryptocurrency: Surpassing Real Estate Investments Liquidity and Accessibility: Unlike real estate, which is typically a high-entry barrier market with lengthy processes for buying and selling, cryptocurrencies offer unparalleled liquidity. Investors can buy, sell, or exchange these digital assets much more swiftly than real estate properties. Diversification and Global Reach: Cryptocurrency markets operate on a global scale, offering a vast range of investment opportunities across various tokens and blockchain projects. This global reach and diversity provide more extensive scope for portfolio diversification compared to the often geographically limited real estate investments. Technology-Driven Growth: The blockchain technology underpinning cryptocurrencies is rapidly evolving, constantly introducing innovations that drive market growth. This tech-driven environment often leads to a faster appreciation in value than the traditionally slow-moving real estate market. >>>> Click Here To Buy RETIK Tokens <<<< Solana (SOL): A Scalable Blockchain Solution High Throughput and Efficiency: Solana’s claim to fame in the cryptocurrency space is its incredible transaction speed and scalability. Its ability to handle thousands of transactions per second makes it a favourite among developers and investors. Growing Ecosystem: With its high-performance blockchain, Solana is increasingly becoming the go-to platform for a variety of decentralised applications (dApps), which in turn fuels the demand and potential growth of the SOL token. Retik Finance (RETIK): The DeFi Game Changer Revolutionising DeFi Access: At the heart of Retik Finance’s rising popularity is its mission to make decentralised finance accessible to a broader audience. Its innovative solutions, such as DeFi Debit Cards, are designed to merge the benefits of traditional finance with the flexibility and power of blockchain technology. Enhanced Security and Trust: Retik Finance has emphasised security, a crucial aspect in the volatile world of cryptocurrencies. Its platform’s integrity, bolstered by robust security measures, positions RETIK as a safer investment option compared to many traditional assets. Potential for High Returns: With the DeFi sector’s rapid growth, Retik Finance is strategically positioned to capitalise on this trend. The increasing adoption of its services could lead to significant appreciation in the value of the RETIK token, potentially offering higher returns than real estate investments. >>>> Click Here To Buy RETIK Tokens <<<< Ethereum (ETH): The Smart Contract Pioneer Foundation of the DeFi and NFT Markets: Ethereum is renowned for its pioneering role in smart contracts, which form the basis of most DeFi applications and NFTs (Non-Fungible Tokens). This foundational position ensures ETH’s relevance and continued demand. Ongoing Upgrades and Scalability: The Ethereum Cancun upgrade, which is expected to happen in Q1 of 2024, will increase the scalability, security, and efficiency of the Ethereum network, optimising operation and reducing gas fees through a process known as proto-danksharding – factors that could boost ETH’s value further. Comparing Investment Risks and Returns Real Estate: The real estate market is often perceived as a safe investment due to its tangible nature and historical appreciation. However, it’s also susceptible to market fluctuations, high entry costs, and liquidity issues. Cryptocurrencies: While the crypto market is known for its volatility, it also offers opportunities for higher returns, especially in tokens like SOL, RETIK, and ETH. Their underlying technologies and growing adoption in various sectors mitigate some of the risks associated with cryptocurrency investments. Conclusion: The Rise of Crypto as a Safer Investment Avenue In conclusion, the investment landscape is evolving, with cryptocurrencies challenging traditional avenues like real estate. Tokens like Solana, Retik Finance, and Ethereum, backed by groundbreaking technologies and growing ecosystems, are not just competing with traditional investments but are also offering potentially safer and more profitable alternatives. Particularly, Retik Finance, with its focus on making DeFi accessible and secure, stands out as a token with immense potential. For investors looking to diversify their portfolios and tap into the rapidly growing cryptocurrency market, SOL, RETIK, and ETH present promising opportunities. As the world becomes more digital, these cryptocurrencies are well-positioned to become preferred investment choices, offering safety, liquidity, and growth potential that could surpass that of real estate. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website Whitepaper Linktree
 
Shiba Inu lead developer Shytoshi Kusama has hinted at significant progress in the project’s ambitions. Kusama’s statements, shared on X (formerly Twitter), provide insights into the strategic direction of Shiba Inu and its integration with broader internet infrastructure. Alluding to the fake spot Bitcoin ETF approval news, Kusama stated, “Hey, SHIBARMY! While everyone is focused on approved or not, hacked or not, we remained focused on creating what we said we would: A Network State. Since I’m hearing a lot of Web 3 but not enough WEB, let’s talk about SHIB NAME TOKENS.” Elaborating on the project’s direction, Kusama highlighted the importance of domains in the digital world: “Domains are the identity layer of the Internet. For 40 years, they have made using the Internet easier for all. If you type http://shib.io into your browser, you go to the Shib website. What if you could do more?” In a push to gain adoption, Shiba Inu is partnering with D3 to apply for the .shib Top-Level Domain (TLD), aiming to make a significant impact on the internet landscape. “This will allow us to tap into infrastructure that is used by 5.3 BILLION people worldwide,” Kusama noted, emphasizing the extensive reach of this endeavor. The plan involves utilizing domains to establish a seamless identity layer for Shib across the internet, without necessitating special software, wallets, plugins, or extensions. This move could drastically simplify user interaction with the Shiba Inu ecosystem, potentially revolutionizing digital identity verification and interaction on Web3 platforms. Kusama envisions a future where .shib domains could be used for various purposes, including hosting websites, sending and receiving emails and digital assets, and serving as usernames on Web3 platforms. “You already use domains all over Web3. You use it to access our ecosystem, you use it to access the exchanges where you buy and sell SHIB, LEASH and BONE, you use it to open X to read this tweet. Now imagine if those domains ended in .shib,” Kusama remarked. Shiba Inu Price Analysis Simultaneously, the SHIB/USD pair’s technical analysis indicates a cautiously optimistic outlook. The weekly chart reveals a break from a downtrend as well as a thus far successful retest of the breakout. As NewsBTC reported, SHIB broke out of the descending triangle pattern in early December and recorded a new higher high after a series of lower highs from August 2022 to November 2023. Despite experiencing a retracement of approximately 28% from this local peak, SHIB has displayed resilience by maintaining key support levels on the weekly time frame. Notably, the previous week’s close remained above the triangle’s descending trendline, which is a bullish signal. Additionally, SHIB managed to sustain prices above the 0.236 Fibonacci level at $0.00000878. The maintenance of the price above the 20-week EMA is another bullish indicator, especially if SHIB manages to close above this level again this week. Should this trend persist, a retest of the 0.5 Fibonacci level is plausible. However, traders should anticipate significant resistance in the zone between the 0.382 Fibonacci level, approximately $0.00001050, and $0.00001063. In the event of an extended upward trajectory, the 0.618 and 0.786 Fibonacci levels, at about $0.00001327 and $0.00001525 respectively, are poised to be the next critical resistance junctures. The ultimate target for bullish momentum could be the August 2022 high of $0.00001777. The volume profile reinforces this bullish outlook, revealing a spike in trading activity that coincides with the recent appreciation in price, indicative of robust buying pressure. The RSI’s neutral stance at 53.63 lends flexibility to the market’s directional bias, implying that there is sufficient headroom for price expansion before the asset enters overbought or oversold territory.
 
The search is always on for tokens that have the potential to yield quick gains in the ever-changing world of cryptocurrency investing. As rivals, Shiba Inu (SHIB), Bonk (BONK), and Retik Finance (RETIK) have surfaced; each has unique qualities that suggest a rapid twofold return potential. As we examine the distinctive developments of these tokens, we also look at the captivating stories that set them apart in the crowded cryptocurrency market and provide chances for investors looking to make quick, sizable returns. Retik Finance (RETIK) Retik Finance emerges as a decentralised finance platform with a mission to bring efficiency and accessibility to financial services. Unlike traditional finance platforms, Retik Finance aims to bridge the gap between conventional financial systems and decentralised technologies. The platform provides users with a user-friendly and secure environment, offering opportunities to earn passive income through yield farming and staking. Retik Finance’s approach to incentivizing users through yield farming and staking involves locking assets in smart contracts to receive RETIK tokens as rewards. This not only promotes liquidity provision but also contributes to the overall stability of the platform. The project actively works on integrating with various blockchain platforms, allowing users to access its services seamlessly. Community engagement is another crucial aspect of Retik Finance’s strategy. The platform actively incorporates community feedback into decision-making processes, fostering a collaborative approach that builds trust and loyalty among users. The ongoing presale stage 5, with an incremental token price of $0.070 as of writing, has contributed to a total raise of $6,670,326, indicating investor interest in the project. The current low price of Retik Finance in its presale stages presents an opportunity for investors looking to diversify their portfolios with promising projects. Price projections for Retik Finance in 2024 suggest that as the project continues to meet its development goals and becomes more widely accepted, the value of the token may rise significantly, doubling the returns for investors. >>>> Click Here To Buy RETIK Tokens <<<< Shiba Inu (SHIB) Shiba Inu, often referred to as the “Dogecoin Killer,” has become a significant player in the crypto space, surprising many with its resilience and widespread popularity. Launched as a meme-inspired token, SHIB has evolved beyond its humorous origins to offer a unique distribution model that aims to prevent market manipulation. One of the key features contributing to the allure of Shiba Inu is its decentralised exchange, ShibaSwap. This platform allows users to stake their SHIB tokens and participate in liquidity pools, creating a vibrant and decentralised ecosystem. The uniqueness of Shiba Inu’s distribution model lies in locking a portion of the total token supply in decentralised exchanges. This strategy not only provides liquidity to the market but also prevents large holders from exerting excessive influence, contributing to a more decentralised and fair ecosystem. Community involvement is a cornerstone of Shiba Inu’s success. The Shiba community actively participates in governance through voting mechanisms, allowing users to have a say in the project’s direction. This collaborative approach fosters a sense of trust and loyalty among users, an essential aspect of the sustained growth of any cryptocurrency. Some analysts forecast continued growth, with the price of SHIB currently at $0.000009512 as of writing, according to coinmarketcap. Investing in Shiba Inu offers an entry into a low-priced token with the potential for doubling substantial returns, given its widespread popularity and community engagement. >>>> Click Here To Buy RETIK Tokens <<<< Bonk (BONK) Bonk, with its playful and catchy name, has carved a niche for itself in the decentralised finance (DeFi) space. The project’s unique approach aims to revolutionise user interactions with decentralised applications (dApps) and blockchain platforms. What sets Bonk apart is its innovative staking mechanism, designed to incentivize active participation in the network. Stakers in the Bonk ecosystem can earn BONK tokens by providing liquidity or locking their assets in smart contracts. This not only promotes network security but also encourages robust community engagement. The decentralised nature of Bonk is further emphasised by the project’s cross-chain compatibility, enabling users to interact seamlessly with various blockchain networks. While Bonk is still in its early stages, its growth potential is evident. The current low market capitalization makes it an attractive option for investors seeking high-risk, high-reward opportunities. Price projections for Bonk in 2024 suggest that, if the project continues its development trajectory and gains wider acceptance, there could be significant upside potential for early investors doubling their returns in 2024. Conclusion In conclusion, investors can find interesting possibilities in the cryptocurrency space, with notable companies like Retik Finance (RETIK), Bonk (BONK), and Shiba Inu (SHIB). Although Bonk demonstrates significant innovation and Shiba Inu enjoys enormous appeal, Retik Finance is a potential jewel that combines cutting-edge security features, community collaboration, and user-friendly DeFi solutions. Retik Finance stands out as a notable option for investors looking for rapid profits because of its continuing presale and potential for significant expansion. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website Whitepaper Linktree
In a stunning divergence from the recent altcoin carnage, Stacks (STX) has emerged as a beacon of green. The token has not only weathered the storm but thrived, soaring for seven consecutive weeks and etching its highest price point since March 2023. At the time of writing, STX was trading at $1.80, down 10% in the last 24 hours, but managed to sustain a solid 16% rally in the last seven days, data from Coingecko shows. This bullish defiance is no fluke. Stacks broke through a key resistance level, showcasing investor confidence. The lack of pullbacks underscores the sustained buying pressure, while the flash crash’s long wick transformed the once-intimidating barrier into a sturdy support floor. STX Resilience Amid Market Volatility Even amid the broader market correction, STX’s resilience speaks volumes about its relative strength. While this remarkable ascent undoubtedly excites, prudent skepticism remains. The rapid climb without pullbacks might trigger a sudden correction, and concerns about potential overheating linger. Ultimately, STX’s fate remains intertwined with the overall cryptocurrency market sentiment. Stacks has surged 694% in the past year, benefiting from the Bitcoin boom and standing out amid a recent decline in altcoins. This growth is driven by a mix of optimism around Bitcoin and Stacks serving as a prominent layer 2 solution for the cryptocurrency. STX Price Movement Amid Anticipation Of BTC ETF Nod Meanwhile, the potential approval of a Bitcoin ETF has generated excitement in the crypto community, benefiting projects like Stacks. Stacks’s ability to incorporate smart contracts and decentralized applications onto the secure Bitcoin blockchain positions it well for potential developments in DeFi and NFTs within the Bitcoin ecosystem. As a leader in the Bitcoin layer 2 space, Stacks is well-positioned to meet the rising demand for scaling solutions. This advantage allows it to attract developers and users interested in building on the security of Bitcoin. However, the crypto market is volatile, and Stacks’s success depends on ongoing innovation and adoption, given intense competition in the layer 2 sector. While acknowledging these challenges, Stacks’s impressive performance should be monitored by investors. The cryptocurrency is navigating the evolving landscape of the Bitcoin resurgence, and its ability to sustain momentum and establish a lasting presence remains uncertain. Nonetheless, the current chapter of Stacks’s story is filled with exciting possibilities. STX Technical Overview Stacks (STX) is feeling the heat from the bulls, who are aiming to break through the $1.80 psychological barrier and potentially climb to $1.95, the upper channel limit. This bullish sentiment finds fuel in a rising Relative Strength Index (RSI) at 66, suggesting buyer dominance, and upward-trending moving averages, hinting at favorable market conditions. If the bulls conquer $1.95, $2.0, a 14% climb from current levels, could be the next stop. However, caution lurks beneath the optimism. Buyer exhaustion or profit-taking could trigger a correction, sending STX dipping towards $1.6 and even $1.48, the lower channel boundary. The moving averages currently act as strong support zones, potentially buffering this potential dip. While the bulls lead the charge, keep an eye on the RSI and price action around $1.80 and $1.95. A clean break could propel STX higher, but consolidation or a dip is also a possibility. Featured image from Shutterstock
 
Global Blockchain Show Dubai is gearing up to welcome more than 7000 attendees, 300 speakers, 120 sponsors, and 3000 firms who will unite from different regions of the world to network, learn, experience leadership sessions, and showcase their projects and products with a common goal of promoting blockchain and web3 industry. Among the attendees and speakers, the Global Blockchain Show Dubai will have C-level executives, managers, consultants, corporates, investors, and even governments who will stand to gain valuable insights from this blockchain event and participate in networking opportunities to build collaborations and partnerships. VAP Group has been leading the AI and Blockchain consulting domain for more than a decade now and is committed to promoting blockchain innovation among young entrepreneurs and crypto enthusiasts. The organization has strategically chosen Dubai for the #GlobalBlockchainShow2024 as the city boasts a futuristic and innovative atmosphere with government support for the decentralized economy and a global blockchain hub that provides access to professionals and experts in this field. Attendees will have the opportunity to hear from an esteemed lineup of industry leaders. Lennix Lai, the Chief Commercial Officer of OKX, brings over 15 years of crypto and financial expertise, leading OKX’s evolution into a DeFi and NFT powerhouse. Alexandre Dreyfus, CEO of CHILIZ & SOCIOS.COM, boasts a rich digital entrepreneurial journey, pioneering blockchain-based fan engagement for major sports entities. Dominic Williams, the brain behind the Internet Computer Project, will delve into the future of blockchain tech. Additionally, speakers like Alex Fazel of SwissBorg, David Palmer from Vodafone, Maria Vovchok of Dubai Blockchain Center, and Alex Belov of Coinstelegram will offer their insights on the transformative potential of blockchain across various sectors. Vishal Parmar, the CEO of VAP Group, says “At the Global Blockchain Show in Dubai, we’re shaping the future of Blockchain and Web3. Beyond gathering diverse insights, we’re uniting to drive industry transformation and shape tomorrow’s possibilities.” There will be engaging networking opportunities and panel discussions on Blockchain advancements and production cases. Among other Blockchain events, the Global Blockchain Show wins the race with its unique networking opportunities. While most events keep this session for the end of the show, the Global Blockchain Show will have networking sessions throughout the event starting from day one. Global Blockchain Show Dubai is all set to be a powerhouse to craft engaging digital experiences and captivate global audiences where young entrepreneurs and investors can become trendsetters in their journey through the billion-dollar blockchain and crypto industry, which has recently become popular on exponential levels. The event will also hold an exclusive after-party on the hottest beachfront of White Beach, Dubai, which features ultra-luxurious cabanas, restaurants, and infinity pools. Even during the after-party, attendees can build collaborations and partnerships with blockchain professionals and organizations to catapult development, drive growth, and create employment opportunities. Global Blockchain Show Dubai is getting ready to be a powerhouse, craft engaging digital experiences, and captivate global audiences where young entrepreneurs and investors can become trendsetters in their journey through the billion-dollar blockchain and crypto industry, which has recently become popular on exponential levels. As we move into 2024, our Blockchain and Web3 enthusiasts at VAP Group will be embracing the immense potential of the technology and helping bridge the gap between the centralized and decentralized worlds by hosting the largest #GlobalBlockchainShow2024. About Global Blockchain Show VAP Group is delighted to introduce the Global Blockchain Show, an extraordinary platform poised to redefine the landscape of blockchain technology. This eagerly anticipated event brings together visionaries, industry leaders, and pioneers from across the globe for an unparalleled exploration of blockchain’s transformative power. Join Global Blockchain Show for a dynamic gathering on 16 th -17 th April 2024, at Grand Hyatt, Dubai where the brightest minds converge to unlock the potential of blockchain technology. From thought-provoking keynote speeches to interactive panel discussions and hands-on workshops, the Global Blockchain Show curated by VAP Group promises to delve into the cutting-edge applications and disruptive potential of blockchain across diverse industries. This is more than a conference; it’s a catalyst for the evolution of decentralized solutions, digital economies, and innovative paradigms. Embrace the opportunity to be at the forefront of this revolution and engage with the latest trends and advancements shaping the future of blockchain technology. Secure your place today and become part of a global movement shaping the future of blockchain innovation. To book tickets: https://www.globalblockchainshow.com/tickets/ For media inquiries, exclusive interviews, or press passes, please reach out to: Nupur Aswani Director – Media &amp; PR, VAP Group 7874711416 [email protected]
 
AVAX, native token of the Avalanche network, made a resounding entrance into the cryptocurrency markets at the onset of the year, establishing itself as a prominent player and outpacing many other altcoins. The initial enthusiasm surrounding AVAX, however, underwent a notable transformation as the narrative took an unexpected turn. Presently, the token finds itself perched at $36.65, reflecting a marked shift from its earlier bullish trajectory. Over the last seven days, AVAX has encountered a challenging period, sustaining a 15% loss. AVAX Downturn Sparks Concerns, Social Silence The reasons behind this recent downturn could be multifaceted, ranging from market sentiment shifts to external factors influencing broader cryptocurrency trends. Investors and market analysts are closely monitoring the situation to discern the underlying dynamics at play and determine whether this is a temporary correction or indicative of a more sustained trend. Furthermore, a curious case emerges – the dwindling social volume. Despite AVAX’s resilience, online chatter surrounding the platform has taken a nosedive, raising questions about the sustainability of the coin. The diminishing social volume might suggest a divergence between market performance and investor sentiment, prompting a closer examination of factors influencing both the cryptocurrency’s value and the perception within the community. Positively, though, the market capitalization of Avalanche has risen by more than 5% in the past few days, indicating a greater influx of investors. Not too long after Grayscale’s Digital Large Cap Fund adopted the layer-1 blockchain, Avalanche saw a robust comeback. With billions of cryptocurrency assets under its management, Grayscale is one of the biggest digital asset managers. The inclusion of AVAX in Grayscale’s fund indicates that institutions will still be interested in Avalanche until 2024 and beyond. Meanwhile, Avalanche’s circulating supply shrank significantly in the latter half of 2023, fueled by a surge in activity surrounding “inscriptions.” Avalanche Surges: Record Token Burns Celebrated These data-on-chain creations generate transaction fees, which are then permanently removed from circulation through the network’s burn mechanism. December alone saw a record 195,000 token burn, a testament to the growing popularity of inscriptions on Avalanche. Experts attribute this trend to several factors. Inscription-based transactions, initially popular on Bitcoin, are finding new life on Avalanche due to their creative potential and contribution to the burn mechanism. This creates a positive feedback loop, attracting users and further reducing the circulating supply. Additionally, the rise of inscription activity suggests a growing and engaged Avalanche community, which bodes well for the network’s long-term health. However, the implications of this trend are nuanced. While token scarcity could lead to increased AVAX value over time, similar to Bitcoin, it also raises concerns about rising transaction fees and potential centralization if large inscription projects control a significant portion of the fee pool. Featured image from Shutterstock
 
Cardano (ADA) is attempting a recovery wave from the $0.4650 zone. ADA could start a fresh rally if there is a close above the $0.550 resistance. ADA price is moving higher from the $0.4650 zone. The price is trading below $0.570 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.545 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher if there is a clear move above $0.545 and $0.550. Cardano Price Attempts Fresh Increase After a strong rally, Cardano faced sellers near the $0.675 zone. ADA started a fresh decline below the $0.620 and $0.600 support levels, unlike Bitcoin and Ethereum. There was a drop below the $0.550 support and the 100 simple moving average (4 hours). Finally, the price found support near the $0.4650 zone. The price is now attempting a fresh increase above the $0.500 resistance zone. The price tested the 23.3% Fib retracement level of the downward move from the $0.6768 swing high to the $0.4650 low. ADA is now trading below $0.570 and the 100 simple moving average (4 hours). There is also a key bearish trend line forming with resistance near $0.545 on the 4-hour chart of the ADA/USD pair. On the upside, immediate resistance is near the $0.532 zone. The first resistance is near $0.545 and $0.550. The next key resistance might be $0.570 or the 50% Fib retracement level of the downward move from the $0.6768 swing high to the $0.4650 low. Source: ADAUSD on TradingView.com If there is a close above the $0.570 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.620 region. Any more gains might call for a move toward $0.650. Another Decline in ADA? If Cardano’s price fails to climb above the $0.545 resistance level, it could start a fresh decline. Immediate support on the downside is near the $0.500 level. The next major support is near the $0.465 level. A downside break below the $0.465 level could open the doors for a test of $0.432. The next major support is near the $0.420 level. Technical Indicators 4 hours MACD – The MACD for ADA/USD is losing momentum in the bearish zone. 4 hours RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.500, $0.465, and $0.432. Major Resistance Levels – $0.532, $0.545, and $0.570.
 
LAS VEGAS–(BUSINESS WIRE)–$AGREE #151_Bitcoin_Mined_December_2023–Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it is removing certain proposals previously intended to be voted upon at its Annual Meeting of Stockholders (the “Meeting”). On December 29, 2023, the Company announced that it had adjourned the Meeting from December 29, 2023 to January 12, 2024 due to the absence of quorum to conduct business. Based on the absence of quorum to date, and the strong indications that quorum will be difficult to obtain by January 12, 2024 despite having engaged a solicitation agent, the Company’s board of directors (the “Board”) elected to amend the Company’s Amended and Restated Bylaws (the “Bylaws”) to reduce the percentage required to obtain quorum from a majority of the voting power of the issued and outstanding capital stock of the Company to thirty-five percent (35%) of such voting power, effective at the close of business Eastern Time on Thursday, January 11, 2024. The Board also determined to remove from consideration the following three proposals in the Proxy Statement dated December 1, 2023 (the “Proxy Statement”) at the Meeting: To approve, pursuant to Rule 713(a) and (b) of the NYSE American, the conversion of the Company’s 10% Senior Secured Convertible Note in the principal amount of $17,519,832.00 into the Company’s Class A common stock, par value $0.001 per share (the “Common Stock”) as well as the exercise of the warrants to purchase such shares of Common Stock, each as issued pursuant to the Note Purchase Agreement dated October 13, 2023; To approve, pursuant to Rule 713(a) and (b) of the NYSE American, the conversion of the Company’s 50,000 shares of Series C convertible preferred stock into Common Stock, and warrants to purchase shares of Common Stock, for a total purchase price of up to $50,000,000.00, pursuant to the Securities Purchase Agreement dated November 6, 2023; and To approve, pursuant to Rule 713(a) of the NYSE American, (i) the issuance by the Company of additional shares of Common Stock, in a registered direct offering, underlying the Company’s Convertible Note in the principal amount of $2.2 million issued pursuant to the Exchange Agreement dated September 27, 2023, as well as (ii) the right granted to the counterparty in the Exchange Agreement to purchase a note substantially identical to the Convertible Note in an amount of up to $3,300,000. Consequently, the Meeting will be held for the following purposes: To elect the seven (7) director nominees named in the Proxy Statement to hold office until the next annual meeting of stockholders; To ratify the appointment of Marcum LLP, as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2023; To approve an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split of the Common Stock by a ratio of not less than one-for-five and not more than one-for-twenty-five at any time prior to December 28, 2024, with the exact ratio to be set at a whole number within this range as determined by the Board in its sole discretion; and To approve the adjournment of the Meeting to a later date or time, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Meeting, there are not sufficient votes to approve any of the other proposals before the Meeting. To access the virtual meeting please click the Virtual Shareholder Meeting link: meetnow.global/MXV24TS. To login to the virtual meeting you have two options: Join as a “Guest” or Join as a “Stockholder.” If you join as a “Stockholder” you will be required to have a control number. Further information regarding the change to the Proposals can be found in the Supplement to Proxy Statement filed by the Company with the Securities and Exchange Commission on January 9, 2024. If you have already voted your shares any of the proposals contained in Proxy Statement, you do not need to vote again and we thank you for your support. If you did not vote at all with respect to any such proposal, we urge you to vote your shares in favor of all the remaining proposals. You may use the Proxy Card with which you were originally provided. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com. Additional Information and Where to Find It The Company has filed a definitive proxy statement on Schedule 14A and associated proxy card (the “Proxy Statement”) with the U.S. Securities and Exchange Commission (the “SEC”), which was filed on November 24, 2023 and supplemented on December 29, 2023. The Company, its directors, its executive officers and certain other individuals set forth in the definitive proxy statement will be deemed participants in the solicitation of proxies from stockholders in respect of the Annual Meeting, subject to the changes referred to above. Information regarding the names of the Company’s directors and executive officers and certain other individuals and their respective interests in the Company by security holdings or otherwise is set forth in the Proxy Statement. BEFORE MAKING ANY VOTING DECISION, STOCKHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING THE PROXY STATEMENT. The Proxy Statement and a form of proxy have been mailed to stockholders of the Company. Investors and stockholders can obtain a copy of the documents filed by the Company with the SEC, including the Proxy Statement, free of charge by visiting the SEC’s website, www.sec.gov. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235
 
Ethereum price climbed higher above the $2,350 resistance. ETH outpaced Bitcoin and might even attempt a clear move above the $2,400 resistance. Ethereum is attempting a fresh increase above the $2,350 resistance level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support near $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if there is a close above the $2,400 level. Ethereum Price Starts Increase Ethereum price formed a base above the $2,220 level and started a fresh increase. ETH saw a sharp upward move despite a drop in Bitcoin below $46,500. The price gained pace for a move above the $2,300 and $2,320 levels. It even broke the $2,350 resistance and tested the $2,400 zone. A high was formed near $2,399 and the price is now consolidating gains. There was a minor drop below $2,360. The price declined below the 23.6% Fib retracement level of the recent increase from the $2,243 swing low to the $2,399 high. Ethereum is now trading above $2,320 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support near $2,300 on the hourly chart of ETH/USD. If there is a fresh increase, the price might face resistance near the $2,380 level. The next major resistance is now near $2,400. A clear move above the $2,400 level might send ETH toward $2,440. A close above the $2,440 resistance could start a decent upward move. Source: ETHUSD on TradingView.com The next key resistance is near $2,550. If the bulls push Ethereum above $2,550, there could be a rally toward $2,720. Any more gains might send the price toward the $2,800 zone. Another Decline in ETH? If Ethereum fails to clear the $2,400 resistance, it could start a fresh decline. Initial support on the downside is near the $2,320 level or the 50% Fib retracement level of the recent increase from the $2,243 swing low to the $2,399 high. The first key support could be the $2,300 zone. A downside break and a close below $2,300 might send the price further lower. In the stated case, Ether could test the $2,240 support. Any more losses might send the price toward the $2,150 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $2,300 Major Resistance Level – $2,400
 
Bitcoin price jumped toward $48,000 after the hacked SEC account tweet. BTC trimmed all gains, but the uptrend support is still intact near $45,200. Bitcoin spiked toward the $47,800 and $48,000 resistance levels. The price is trading above $45,500 and the 100 hourly Simple moving average. There is a major contracting triangle forming with resistance near $46,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up toward the $48,000 level unless there is a close below $45,000. Bitcoin Price Faces Rejection Bitcoin price started a fresh increase above the $45,500 resistance zone. BTC gained bullish momentum above the $46,000 and $46,500 levels after the hacked SEC account tweet about the ETF approval. After clarification, there was a sharp rejection near the $48,000 zone. A high was formed near $47,988 before the price started a fresh decline. There was a move below the $47,000 and $46,500 levels. The price dived toward the $45,000 support. A low was formed near $44,828 and the price is now rising. It is back above the 23.6% Fib retracement level of the recent decline from the $47,988 swing high to the $44,828 low. Bitcoin is now trading above $45,500 and the 100 hourly Simple moving average. There is also a major contracting triangle forming with resistance near $46,800 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $465,400 level. It is near the 50% Fib retracement level of the recent decline from the $47,988 swing high to the $44,828 low. Source: BTCUSD on TradingView.com The first major resistance is $46,800. A clear move above the $46,800 resistance could send the price toward the $47,200 resistance. The next resistance is now forming near the $48,000 level. A close above the $48,000 level could send the price further higher. The next major resistance sits at $49,250. More Losses In BTC? If Bitcoin fails to rise above the $46,800 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $45,550 level. The next major support is $45,200. If there is a move below $45,200, the price could gain bearish momentum. In the stated case, the price could drop toward the $44,800 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $45,500, followed by $45,200. Major Resistance Levels – $46,400, $46,800, and $47,200.
 
Solana (SOL), the fifth largest cryptocurrency by market capitalization, has experienced a significant surge after undergoing a correction from its 20-month high of $125, reached on December 25. Following a dip to the $85 level on Monday, January 8, SOL reclaimed the $100 level again, demonstrating a 6.4% surge in the past 24 hours. Moreover, technical analysis indicates a potential bullish continuation pattern known as a bull flag in Solana’s 1-hour chart, which suggests the possibility of further price gains beyond the previous high. Solana Optimism For Price Breakout Technical analyst Ali Martinez has identified a bullish pattern known as a bull flag formation on Solana’s hourly chart. A bull flag is characterized by a consolidation period following a strong upward move. In this case, the dip to the $85 level could be considered the consolidation phase. The formation suggests that SOL may experience another significant upward move shortly. As seen in the chart above, to confirm the validity of the bull flag pattern, SOL needs to achieve a decisive close above the $110 resistance level. Such a breakthrough could catalyze upward momentum and propel the price to new highs. If the bull flag pattern holds, Ali Martinez anticipates that SOL could aim for an ambitious target of $163. However, Solana faces multiple resistance levels that it must overcome to reach the potential target indicated in Ali Martinez’s hourly chart analysis. The $110 resistance, the $120 mark, and the previous 20-month high of $125 present significant hurdles for Solana’s price action. These levels have the potential to impede further upward movement, as they have previously acted as resistance during the bear market of 2022. Additionally, the $132 and $137 levels are anticipated to provide additional resistance, as they were the price points from which Solana’s price decreased in April 2022. Lastly, the $151 and $154 levels will serve as the final thresholds for Solana’s bears to hold if they aim to halt any potential price increase before reaching the $163 target. Solana’s Ecosystem Consistent Growth Despite the volatility in SOL’s price over the past month, Token Terminal data reveals consistent growth in Solana’s blockchain ecosystem. According to the data, Solana’s circulating market cap has surged impressively to $43.54 billion, representing a substantial 20.08% increase in value over the last 30 days. Moreover, the fully diluted market cap has surged to $57.13 billion, reflecting an 18.82% growth, which illustrates a strong investor interest in Solana and its potential for future growth. Solana’s revenue has also experienced substantial growth over the past 30 days, with a staggering increase of 217.18% to reach $5.68 million. On an annual basis, the revenue has reached an impressive $69.12 million, exhibiting a remarkable surge of 142.15%. Ultimately, Solana’s fees have significantly increased over the past 30 days, with an increase of 217.18% to $11.36 million. On an annualized basis, the fees amount to $138.24 million, marking a substantial growth of 142.15%, reflecting the network’s growing usage and transactional activity. Featured image from Shutterstock, chart from TradingView.com
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