Crypto News 3 Days

Crypto whales are interested in Pepe Coin, Cardano, and Lightchain AI. In the face of Bitcoin’s resistance, Lightchain AI’s $8.5 million presale highlighted its AI-powered blockchain potential. As Bitcoin encounters resistance at critical levels, cryptocurrency whales are keeping a careful eye on Pepe Coin, Cardano (ADA), and a new rising star, Lightchain AI. With their well-established ecosystems, Pepe Coin and Cardano continue to draw attention, while Lightchain AI’s presale has raised over $8,525,300.766 with tokens priced at $0.0048, demonstrating great investor trust. A top option for investors looking for growth potential amidst Bitcoin’s resistance, Lightchain AI’s combination of blockchain technology and artificial intelligence positions it as a bright challenger in the changing industry.

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Crypto News 3 Days – PEPE, ADA, and Lightchain AI: Attracting cryptocurrency whales’ attention

Alongside well-known cryptocurrencies like Pepe Coin and Cardano, cryptocurrency whales are now focusing on initiatives like Lightchain AI. While Cardano provides a strong blockchain foundation and Pepe Coin capitalizes on meme excitement, Lightchain AI stands out for its astute strategy. Interest in the platform is growing as a result of its emphasis on scalable decentralized solutions and its impact roadmap. Lightchain AI positions itself as a powerful competitor in the developing cryptocurrency market with a robust presale and expanding community, promising long-term growth potential. Because of its distinctive vision, Lightchain AI is a strong candidate for the future as investors look for real, innovative opportunities.

Lightchain AI’s distinctive approach to decentralized technology, which combines privacy and security, is driving its growth in the cryptocurrency industry. With 40% of the 10 billion LCAI tokens allotted to the presale, its tokenomics guarantees widespread involvement. Advanced encryption mechanisms enhance the platform’s privacy focus, protecting sensitive data while enabling decentralized AI operations. Lightchain AI stands apart from other cryptocurrency projects thanks to its open framework, which encourages community-driven governance and draws developers and investors seeking long-term, sustainable growth.

Crypto News 3 Days – As momentum builds ahead of Trump’s election ratification, Bitcoin reaches $100,000 once more

Late Monday saw Bitcoin return to the $100,000 threshold, its first such ascent in two weeks. This recovery came after President-elect Donald Trump’s 2024 victory was formally certified by Congress, paving the way for his inauguration on January 20. In a ceremonial ceremony on Monday, Congress formally certified the election results for all 50 states and the District of Columbia. In her capacity as Senate president, Vice President Kamala Harris presided over the joint session of the House and Senate.

The asset had increased by 10% over the previous week and was trading close to $101,775 at 12:09 am ET on Tuesday. At the same time, the entire value of the cryptocurrency market topped $3.7 trillion, the biggest since December 19. According to Alex Kuptsikevich, chief market analyst at FxPro, the cryptocurrency market’s bouts of short-term rise are giving way to times of stabilization. He said that the present attitude index of 76, which indicates great greed, points to active purchasing and significant potential for additional growth. “The market seems to be probing the ground beneath its feet and moving gently upwards,” he said.

According to the expert, present technical signs indicate that a normal correction is coming to a conclusion, and growth will resume in order to recover 61.8% of the early November rally. He continued by saying that if Bitcoin makes a clear break beyond its prior highs of almost $109,000, this prediction will be validated. Additionally, he anticipates that after Bitcoin crosses the $100,000 threshold, its growth will pick up speed.

On December 5, Bitcoin initially hit the $100,000 mark, driven by mounting hope that, if elected, Trump will enact crypto-friendly deregulation. Trump pledged to make the US the “crypto capital of the world” throughout his campaign. As of Tuesday, January 7, US spot Bitcoin ETFs had net inflows of $987.06 million, while US spot Ether ETFs saw $128.7 million, according to SoSoValue.

Regulators in China, meantime, have strengthened their position by incorporating cryptocurrency transactions within their forex regulations. These transactions have been identified as high-risk by the State Administration of Foreign Exchange (SAFE), which has directed financial institutions to keep a careful eye on any transactions involving cryptocurrency.

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Crypto News 3 Days – Russia’s Crypto Mining Shift Being Driven by AI Ambition?

Given that the country is predicted to face an electrical shortage “in the next five to ten years,” Aslanyan questioned why Russia would be so eager to expand the cryptocurrency mining industry. Crypto mining has thus turned into a “fundamental question of economic feasibility,” the media source reflected. Following years of lobbying by large cryptocurrency miners, mining was eventually permitted in Russia last year.

Prior to President Vladimir Putin’s forceful speech last year, in which he urged regions with “surplus power” to begin mining cryptocurrency, business leaders said that they would allow Moscow to use their brand-new, cutting-edge data centers for “state-run” digital ventures. Alongside their rapidly growing crypto mining capabilities, Russian industrial miners have also discussed developing AI resources. However, the state may find it difficult to prevent private miners from stealing electrical grids, even though it may believe it can exert control over industrial crypto miners and the AI industry.

It has been reported that private miners can mine cryptocurrency at home using up to 6,000 kWh each month. On the other hand, illicit miners seem intent on stealing grid electricity. Garantex’s Director of Communications, Evgeniya Burova, told the same news organization. Even more dubious was Nikita Zuborev, a senior analyst at BestChange.ru. He claimed that since the illegal mining organizations’ masterminds were already breaking the law before the restrictions, changing the legislation would not significantly stop them. In areas like Eastern Siberia, “the peculiarities of the internal structure” could result in “the quality of future inspections” being low, according to Zuborev. He stated.

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Crypto News 3 Days – The governor of the Czech National Bank considers Bitcoin as part of their future reserve plan

Aleš Michl, the governor of the Czech National Bank, has examined Bitcoin as a possible way to diversify the nation’s foreign exchange reserves, indicating the growing interest of the government in cryptocurrencies as a savings tool.

While it wouldn’t be a substantial investment for the bank, Michl stated in an interview with CNN Prima News that he was thinking about buying “a few Bitcoin” for diversification.

Any decision to buy Bitcoin would require approval from the seven-member board of the Czech National Bank. When questioned about a possible purchase, board adviser Janis Aliapulios stated that the bank does not currently have any plans to buy Bitcoin.

$10,624 was invested. Michl is still willing to think about diversifying his Bitcoin holdings in the future. In conclusion, CNB is no longer thinking about purchasing cryptocurrency assets for its reserves. Governor Michl did not, however, rule out more discussion on this subject in the future, Aliapulios told Cointelegraph. Aliapulios stated that the bank intends to expand its gold holdings to roughly 5% of its total assets by 2028 and will continue its diversification strategy through gold purchases in the near future.

Bitcoin’s 130% yearly returns occurred while corporate executives were selling stocks at unprecedented levels at a ratio of six sellers to buyers, Cointelegraph reported on Dec. 13.

Michl’s remarks suggest a growing shift among governments and institutions reevaluating their financial strategies to include Bitcoin, according to Anndy Lian, author and intergovernmental blockchain expert:

The concept of a “safe” reserve asset may gradually change as more nations consider this course. Bitcoin has the potential to drastically change the global financial scene by promoting more digital and decentralized methods of achieving economic stability if it becomes a mainstay in national reserves.

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