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Pakinomist – Finally, a crucial descending trendline resistance level has been broken, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may turn to the upside with this breakout. The recent rise above the $2.30 mark, which saw […]

The alternative cryptocurrencies (altcoins) market may experience an extra dose of volatility this week as the impending token unlock plan will release billions of dollars worth of supplies for several coins, including Ondo Finance’s ONDO token. Data from Tokenomist shows that the weekly unlock calendar, which includes names like ONDO, ARB, STRK SEI and others,

Pakinomist– Bitcoin edged lower on Monday, falling for a third straight day as stronger-than-expected U.S. payrolls data sparked caution among traders, reinforcing the Federal Reserve’s view of fewer rate cuts in 2025. fell 0.3% to $94,268.7 by 01:12 ET (06125 GMT). Bitcoin prices fell sharply last week after falling six out of the previous seven

Billionaire hedge fund manager Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, plans to divest several assets, including investing in bitcoin (BTC) exchange-traded funds (ETF), to avoid potential conflicts of interest with his new role. according to a report from The New York Times. On Saturday, Bessent, who once worked for billionaire liberal philanthropist

Pakinomist – Veteran trader Peter Brandt recently asked a key question that could shape Bitcoin’s next move. In a tweet, Brandt hinted at a potential shakeout in the market, suggesting that a final “dump,” or extended period of sideways trading, may occur before a major rally. “The big question in my mind is whether Bitcoin

Pakinomist – MicroStrategy, an enterprise software company turned leveraged proxy, has become one of the top corporate Bitcoin holders, with its holdings accounting for 2.1% of the entire Bitcoin supply. On-chain analytics platform IntoTheBlock highlighted this key fact in a recent tweet while noting a trend that has become apparent in recent weeks. IntoTheBlock posted

Pakinomist – Cardano traded at $1.0185 at 20:23 (01:23 GMT) on the Pakinomist index on Sunday, up 10.42% on the day. It was the biggest one-day percentage increase since January 3. The upward move pushed Cardano’s market cap up to $35.6246B, or 1.87% of the total cryptocurrency market cap. At its peak, Cardano’s market capitalization

Halifax, Canada, January 11, 2025, Pakinomist After a successful mainnet launch and several oversubscribed launchpad sales, Koii Network ($KOII) begins trading on Gate.io and MEXC, bringing the world’s largest supercomputer to the global market. The network reports over 100,000 active computing nodes processing approx. 185.1 terabytes of data daily, positioning Koii as a key player

Pakinomist – XRP traded at $2.5735 at 16:49 (21:49 GMT) on the Pakinomist index on Saturday, up 10.06% on the day. It was the biggest one-day percentage increase since January 1. The upward move pushed XRP’s market cap up to $147.2250B, or 4.42% of the total cryptocurrency market cap. At its peak, XRP’s market cap

Pakinomist – Over the past 24 hours, a staggering $903 million worth of BTC has been moved in various transactions, fueling speculation about the reasons behind such large transfers. Blockchain data tracker Whale Alert discovered 10 separate high-value transactions where BTC was moved between unknown wallets and major exchanges, mostly involving Kraken, but also including