Schlagwort: crypto business

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Saylor posts MicroStrategy’s BTC tracker: Another Buy?

  • Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X.
  • The market expects an annoncement that the company has acquired another chunk of BTC.
  • Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29

MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again.

In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul.

Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase.

Noticeably, MicroStrategy has acquired additional BTC for billions of dollars in recent months, with these following such hints. The company announced it bought 27,200 BTC worth $2.03 billion on Nov. 10; another 51,780 BTC worth $4.5 billion on Nov. 17 and $5.32 billion for 55,500 BTC on Nov. 24.  The company’s buying spree also saw it add 15,350 bitcoins in mid-December.

MicroStrategy so far holds 444,262 BTC

Most recently, MicroStrategy acquired 5,262 BTC for $561 million, with the acquisition announced on Dec. 23 indicating the company bought at the average purchase price of $106,662 per bitcoin. This brought the total  BTC holdings as of Dec. 22, 2024 to 444,262 BTC, which MicroStrategy has cumulatively acquired for roughly $27.7 billion since 2020.

The average purchase price of this entire haul, its dollar cost averaging, stood at $62,257 per bitcoin at the time of writing. Per Saylor portfolio tracker, the company’s holdings stand at $42.16 billion with Bitcoin price hovering near $94,780. Overall profit is over $14.5 billion.

Here’s Saylor’s latest post on X:

Bitcoin traded above $94k on Dec. 29, holding above the level after bears rejected bulls’ advances near the $100k level. Earlier this month, bulls recovered from lows of $92k – having suffered the massive slump from above the all-time high of $108k.

While BTC price has not skyrocketed amid recent MicroStrategy buys, the market is extremely bullish amid the combination of the buy pressure, spot ETFs demand and other positive catalysts. Analysts say it could rally to $150k-$200k in 2025.

The post Saylor posts MicroStrategy’s BTC tracker: Another Buy? appeared first on CoinJournal.

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THETA surges 10% as AI tokens rally

  • Theta Network, the decentralized cloud platform for artificial intelligence, media and entertainment, is among the top trending projects today in terms of market performance.
  • Analysts predict bullish potential for THETA price, with support expected around $1.8

Data from CoinGecko shows the native Theta Network (THETA) token has surged by more than 10% in the past 24 hours at the time of writing.

Theta‘s price gains on the day come as the broader AI sector records upward momentum. In the past day, several AI-powered projects and meme coins have increased in value as bulls target new forays ahead of a potentially defining few months.

NEAR Protocol (NEAR), Internet Computer (ICP), RENDER (RENDER), Artificial Superintelligence (FET) and Virtuals Protocol (VIRTUAL) were all in the green over the past 24 hours and week. These gains have also seen tokens such as ai16z, aixbt and Fartcoin rally, with the AI meme sector recording even higher returns in the same period as the AI agent market heats up.

What next for Theta Network price?

THETA reached highs of $2.41, retesting the resistance level seen on Dec. 24 and 25. However, the chart pattern formation to watch out for is an ascending triangle. A breakout could see Theta Network price rally nearly 50%, Rose Premium Signals recently shared via X.

If price flips negative, key support levels would be around $2.16 and below that, $1.8. Notably, THETA broke to lows of $1.76 on Dec. 20.

Decentralized cloud AI project Theta is seeing buying pressure amid this overall positive sentiment.Theta Network’s key partnerships and integrations, including recent deals with the University of Oregon’s Distopia Lab and esports platform FlyQuest, are likely catalysts.

In October this year, Dystopia Lab announced it would leverage Theta EdgeCloud in its AI research, specifically in its AI model training. Meanwhile, FlyQuest said it was teaming up with Theta to unveil an AI esports chatbot.

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VERUM hits new all-time high amid 70% spike

  • VERUM price jumped more than 70% to hit a new all-time high above $3,163.
  • The cryptocurrency’s value has increased amid key wallet integrations.

Verum Coin (VERUM) outperformed the top 500 cryptocurrencies by market cap in the past 24 hours as its price jumped 70% to hit a new all-time high.

The altcoin’s price rose as the broader market experienced a slow Christmas week, with Bitcoin remaining ranged below $95k and Ethereum, XRP and Solana all retesting key levels.

Gains push VERUM price to new high

On Dec. 29, VERUM price hit a new all-time high above $3,163 – a new ATH that meant the token’s value traded at levels over 2,200% higher than its all-time low of $131 reached in June 2024.

Verum Coin had initially plummeted from highs above $2,200 early this month and stagnated around $1,150 over the past week as BTC retraced further after paring gains from the parabolic surge to above $108k.

With the latest moves, VERUM has surged more than 179% in the past week. The current price is $1,723% up over the coin’s value at the same time in the past year.

Why is Verum Coin price up?

Verum Coin has gained amid two major wallet support integrations – likely fueling the upside momentum.

The cryptocurrency revealed Binance Wallet had added support for the token in late November. The Halo Wallet also added Verum Coin (VERUM) this month, with users getting another option to securely store and manage their coins as they explore the crypto space.

Within the Verum Coin ecosystem, the native token serves various purposes.

This includes payments for premium features, tips,  private transactions, and in-game purchases. Users also benefit from rewards, with players of the Verum Runner game able to earn V coins and convert them to VERUM and fiat currency.

The coin has a market cap of over $292 million and has recorded a daily trading volume of over $224k in the past 24 hours.

The post VERUM hits new all-time high amid 70% spike appeared first on CoinJournal.

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Bullish symmetrical triangle hints at a bullish run for Cardano (ADA), while Ripple (XRP) and new coin eye $5

As Cardano (ADA), Ripple (XRP), and Rexas Finance (RXS) show strong bullish signs, the cryptocurrency market is humming with anticipation. Investors see enormous possibilities as Cardano forms a bullish symmetric triangle, Ripple rides a wave of impressive gains, and Rexas Finance expands the possibilities of real-world asset tokenizing. Let’s dissect the present patterns and explain why these three tokens are worth observing.

Cardano (ADA) Targets $3.1

With a 24-hour trading volume of $2.71 billion and a price today of $0.7707 as of writing, Cardano’s ADA has jumped by 21.72% over the past thirty days; technical indicators point to this movement as maybe only the start. With analysts forecasting ADA might jump to $3.1 in the near term, the optimistic symmetric triangle pattern points to a possible breakout. Strong foundations and increasing acceptance of Cardano’s blockchain technology help this pattern, which usually indicates the continuance of the upward trend. Cardano is a darling among developers and investors because of its emphasis on sustainability and scalability. With constant network improvements and alliances, ADA’s future seems bright. A good breakout above $3.1 will help confirm its top-tier coin ranking.

Ripple (XRP) Surges by 77.52%

With a 24-hour trading volume of $25.58 billion and a current price of $1.98 as of writing, Ripple (XRP) is another fantastic altcoin to buy. Positive developments in XRP’s legal struggle with the SEC and increasing interest from institutional investors have driven its explosive 77.52% increase over the past 30 days. XRP’s emphasis on transforming cross-border payments still attracts much attention. The coin’s recent price movement has brought it closer to a significant resistance level; a successful breach might drive XRP to $5. This action will benefit long-term holders and offer new money-seeking opportunities for substantial growth.

Rexas Finance (RXS) Eyes $5

Although Cardano and Ripple give outstanding performances, Rexas Finance (RXS), a newcomer transforming the crypto scene, deserves more attention. As of writing, it is in its 10th presale stage and priced at $0.15, having already climbed 400% from its starting price of $0.030. The presale, which sold 369,684,067 RXS tokens, has been an enormous success, raising over $31,577,952. With a startling 3,233% increase from its present price, Rexas Finance’s development path suggests it may reach $5. Its original approach to real-world asset tokenization—which lets users easily tokenize and exchange anything, including real estate, commodities, and collectibles—drives this optimistic momentum.

What Makes Rexas Finance Stand Out?

  1. User-Friendly Tokenization Tools

The Rexas Token Builder simplifies the process of tokenizing real-world assets, requiring no coding knowledge. This feature democratizes access to blockchain technology, making it accessible to individuals and businesses.

  1. Community-Centric Approach

Unlike many projects that rely on venture capital, Rexas Finance prioritizes its community. By avoiding external funding, the project has built a loyal investor base and aligned its goals with its users.

  1. Certik Audit and Exchange Listings

Certik audited Rexas Finance to ensure robust security and transparency. In 2025, the project will launch on three of the top ten tier-1 exchanges, further boosting its credibility and market presence.

  1. Generous Giveaway

With 604,241 entries thus far, the ongoing $1 million RXS giveaway has drawn much interest. Each of the twenty lucky winners will get $50,000 worth of RXS tokens, encouraging involvement and project awareness-raising.

The RXS presale is now in stage 10 at $0.15 and is almost in its last phase. As it moves to stage 11, the price will rise 20% to $0.175. Early investors stand to gain, especially since the token’s launch price is $0.2. Projected to be $5, RXS presents unparalleled growth potential. The token’s listing on CoinMarketCap and CoinGecko guarantees real-time tracking and premium statistics, therefore facilitating investor monitoring of its performance. With a cap on total RXS supply at one billion tokens, scarcity results, and demand is raised.

Conclusion

The cryptocurrency market offers investors affluent prospects. Cardano (ADA) targets $3.1, Ripple (XRP) targets $5, and Rexas Finance (RXS) shows unmatched development potential. Rexas Finance is a unique candidate because of its creative approach to real-world asset tokenizing, community-driven ethos, and outstanding presale performance. A growing number of investors are rushing to acquire RXS tokens before the presale ends.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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iDEGEN raises $10m as pre-market auction ends in three days

Key takeaways

  • The iDEGEN team has raised nearly $10 million in its presale.
  • The pre-market auction will end three days before $IDGN is listed on exchanges. 

What is iDEGEN?

The cryptocurrency market experienced a boom in 2024, with several new projects hitting the market. New projects that could change how investors view the market in 2025 are emerging. 

iDEGEN is a project that could change how investors view meme coins. The project merges the AI and memecoin ecosystems, ensuring investors take advantage of both. 

iDEGEN is a meme project that leverages the benefits of AI in a bid to create the next billion-dollar memecoin. According to its whitepaper, iDEGEN is a tool designed to learn, evolve, and adapt by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

Memecoins have gained massive adoption in recent years and have become a $45 billion ecosystem. With its growing importance in the crypto space, meme coins could rally higher in the coming altcoin season.

As a memecoin, iDEGEN could be on track to outperform several other cryptocurrencies in the broader market. The iDEGEN tool has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. It absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Find out more about iDEGEN here. 

iDEGEN’s pre-market auction approaches $10 million

The iDEGEN pre-market auction is set to end in three days, and the team is closing in on yet another milestone. The pre-market auction has raised $9.8 million, selling over 1.1 billion $IDGN tokens. 

The pre-market auction method is unique in crypto as it allows early investors to record excellent gains. Despite the broader crypto market’s underperformance, the iDEGEN token has increased 42% in the last seven days. 

Using this method, the price adjusts every five minutes based on market activity. According to the team, the price will remain steady for the next period if an investor purchases $IDGN tokens within five minutes. However, if purchases occur consecutively, the price will rise by 5%. Finally, if no one buys the tokens within five minutes, the price will drop by 5%.

The pre-market auction is slated to end on January 1, 2025. The $IDGN token will then be listed on crypto exchanges. 

Why buy $IDGN now?

The iDEGEN pre-market auction will end in a few days, but investors can still be early birds in this project. With nearly $10 million raised so far, iDEGEN will be gearing up to list on crypto exchanges and roll out its products. 

$IDGN will launch on the first day of 2025 and could be one of the best-performing tokens of the year. The project could deliver excellent gains to early investors thanks to its AI and memecoin combination. 

Investors can easily track key information on the iDEGEN website, including the token’s pre-market listing price. This enables them to accurately track the token’s progress before its launch on trading platforms.

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