Maitrak Nanavati

HTC's upcoming special edition EXODUS blockchain smartphone is set to revolutionize the way users access and engage with Binance's decentralized exchange and tokens. With this innovative device, HTC is paving the way for seamless and secure transactions, giving users the freedom to directly participate in the Binance Chain ecosystem. This collaboration between HTC and Binance is an exciting development, showcasing the ever-growing integration of cutting-edge technology and the world of cryptocurrency. Embracing the potential of blockchain, HTC is empowering users to explore new horizons in the digital economy by providing them with a unique and powerful tool to navigate the decentralized landscape.

HTC Will Support Binance Chain With Special Edition Smartphone HTC's special edition EXODUS blockchain smartphone will allow users to directly access Binance's decentralized exchange and token.

Swiss Crypto Bank SEBA has collaborated with DASL, a Corda-based platform, to introduce an innovative token securitization service accessible on Corda's public network. This partnership aims to revolutionize the financial industry by leveraging blockchain technology to enhance the efficiency, security, and transparency of asset securitization. By combining SEBA's expertise in crypto banking and DASL's Corda network, this groundbreaking initiative will open new avenues for investors, providing them with a seamless and regulated platform to tokenize various assets.

Swiss Crypto Bank SEBA to Offer Token Securitization on Corda Network The bank has partnered with Corda-based DASL to build the new service available on Corda’s public network

Bitcoin (BTC) has experienced significant gains in 2023, with a 156% increase, following a 64.4% depreciation in 2022. In December alone, BTC/USD saw an 11.3% gain, and overall, the fourth quarter saw a 57.5% expansion. The recent high of around 45000 tested the 45278.22 level, which is a historical upside price objective. Moving forward, there are upside price objectives at 46105, 46487, and 49161, with potential stops cited above these levels. However, there are also downside risks, with downside price objectives at 40185 and 38773. These objectives are linked to recent selling pressures at the 43657 and 43207 levels. Furthermore, there are additional downside price objectives at 42358, 42052, 41556, and 40920, related to the 43830 level. Technical support and potential buying pressure can be found at the 38998, 38028, 37321, and 35285 levels. The 50-bar MA (4-hourly) is indicating bullishness above the 100-bar MA (4-hourly) and the 200-bar MA (4-hourly), while the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and the 200-bar MA (hourly). The price activity is closest to the 50-bar MA (4-hourly) at 42940.59 and the 100-bar MA (hourly) at 42578.27. Technical support is expected around 37392.45, 36720.55, and 35633.00, with stops anticipated below. Technical resistance is expected around 46487.10, 47108.16, and 48240.00, with stops predicted above. The 4-hourly chart shows that SlowK is bullish above SlowD, while MACD is bullish above MACDAverage. On the 60-minute chart, SlowK is also bullish above SlowD, and MACD is bullish above MACDAverage. Please note that Sally Ho's Technical Analysis is provided by a third party and is for informational purposes only, it is not meant to be used as legal, tax, investment, or financial advice. #CryptoNews

Bitcoin (BTC) Price Analysis: Bitcoin Scores 156%+ Gain in 2023 – 1 January 2024 Bitcoin (BTC) Price Analysis: Bitcoin Scores 156%+ Gain in 2023 – 1 January 2024 Bitcoin (BTC/USD) retained most of its recent advances early in the Asian session as the pair continued to orbit the 42230 level, representing the 50% retracement of the depreciating range from the 45000 figure to the 40150 level. Following a 64.4% depreciation in 2022, BTC/USD scored a 156.3% gain in 2023 that was cemented by a 11.3% gain in December and a 57.5% expansion in the fourth quarter. The recent relative high around the 45000 figure represented a test of the 45278.22 level, an upside price objective linked to historical upside advances around the 3858 area. Above the market, upside price objectives include the 46105, 46487, and 49161 levels, above which Stops are cited. Below the market, downside risks persist with additional downside price objectives around the 40185 and 38773 areas. Downside price objectives related to recent selling pressure around the 43657 and 43207 levels include the 42358, 42052, and 41556 areas, while downside price objectives linked to the 43830 area include the 42375, 42032, 41607, and 40920 areas. Areas of technical support and potential buying pressure include the 38998, 38028, 37321, and 35285 levels. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 42940.59 and the 100-bar MA (Hourly) 42578.27. Technical Support is expected around 37392.45/ 36720.55/ 35633.00 with Stops expected below. Technical Resistance is expected around 46487.10/ 47108.16/ 48240.00 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. #CryptoNews

According to speculation in the market, there is anticipation that the US SEC may authorize a Bitcoin spot ETF as early as next Tuesday. This development could be significant for the crypto market as it would enable investors to trade Bitcoin-backed ETFs on regulated exchanges. However, it is surprising to see the low market activity in response to this news, suggesting that traders may have already factored in this decision. #CryptoNews

Data Shows Traders Already Priced In SEC Decision on Bitcoin ETF Crypto options market trading platform Greekslive has poured cold water on expectations of a significant price surge that could follow the U.S. regulator’s permission of a Bitcoin spot exchange-traded fund (ETF). In a recent tweet, Greekslive reported on speculation circulating in the market regarding the U.S. SEC’s potential authorization of the Bitcoin spot ETF application. According to the tweet, there is anticipation that the regulator could greenlight the ETF as early as next Tuesday, January 2, 2024. Such development is expected to be pivotal for the crypto market, as it would allow investors to trade Bitcoin-backed ETFs on regulated exchanges. However, the tweet highlighted the surprisingly low market activity in response to the news. #CryptoNews

The surge in the crypto derivatives market, fueled by the approaching deadline for Bitcoin ETF approval, has led to record-breaking trading volumes. Before the options expiry, crypto options trading hit an all-time high of $11 billion, with Bitcoin accounting for $7.7 billion and Ethereum at $3.5 billion. While the expiration of options contracts had limited impact on Bitcoin, ETH experienced a decline of more than 2%. However, this heightened trading activity is unlikely to affect spot market prices significantly. The focus is now on the impending ETF decision, and clients are rolling their positions to future expiries. The cryptocurrency market rally this year, driven by the potential approval of spot Bitcoin ETFs, has attracted more traditional asset managers to allocate a small percentage of their portfolios to crypto. The surge in derivatives trading and institutional participation reflects the growing interest in the crypto space. As we await the regulatory verdict on Bitcoin ETFs, it remains to be seen how these developments will shape the future of the crypto market and its integration with traditional financial systems.

Emin Gün Sirer, the co-founder of Ava Labs and Avalanche Foundation, has expressed his support for the decision to invest in meme coins. He compares those who criticize meme coins to those who once ignored popular cultural and technological trends. Sirer believes that the institutional activity within the Avalanche AVAXUSD ecosystem allows the foundation the luxury to explore meme coins. Although he initially didn't understand the value of meme coins, he eventually recognized their cultural significance and their ability to thrive without traditional road maps. Sirer compares owning meme coins to owning luxury fashion, emphasizing that they serve their specific audience well. However, he also warns about the risks and volatility associated with investing in meme coins. Despite the risks, the announcement by Avalanche Foundation caused a surge in the price of AVAX. It is important to note that meme coins' value depends on the narrative surrounding them, and investors should exercise caution. As a result, meme coins such as Coq Inu (COQ), Husky Avax (HUSKY), and Shibavax (SHIBX) experienced significant price increases on the Avalanche AVAXUSD blockchain.

Avalanche (AVAX) Co-Founder Speaks in Favor of Meme Coins Yesterday, Dec. 29, 2023, Avalanche Foundation, a non-profit behind the ecosystem of Avalanche 📷AVAXUSD high-performance L1, announced the decision to add some meme coins to its portfolio. Emin Gün Sirer addressed the concerns and criticism of skeptics. Avalanche Foundation buying meme coins is luxury, Emin Gün Sirer says The people trying to fade meme coins can be compared to those who ignored or criticized prominent cultural and tech trends of the past: pop music, street art, rap and so on. As such, Avalanche Foundation's decision to enter the meme coin segment is something he applauds, Ava Labs' co-founder Emin Gün Sirer shared on X (formerly Twitter). The people trying to fade memecoins are the same kind of people who were fading pop music in the 60s, calling Banksy a vandal in the 80s, and shittalking rap in the 90s.— Emin Gün Sirer🔺 (@el33th4xor) December 29, 2023 The Avalanche 📷AVAXUSD ecosystem has too much institutional activity so that the Foundation can afford the luxury to invest part of its funds to some meme coins, the Ava Labs co-founder stressed. At the same time, he admitted that it took a while for him to understand the value of meme coins personally. He did not support Elon Musk semi-ironically supporting Dogecoin 📷DOGEUSD in Q1, 2021. But then, he understood the cultural context and significance of the meme coin frenzy and its effects on the scene: Coins people like do not necessarily need road maps and ambitious scalability promises. For better understanding, Emin Gün Sirer compared purchasing meme coins to owning Balenciaga luxury wear: Do I own any Balenciaga apparel? No. Does Balenciaga keep you warmer than other clothing? No. But does Balenciaga keep the "clothing space" back? Also no. It serves its specific audience very well. Its existence as a clothing brand is a net positive Following yesterday's announcement, the price of AVAX, the core native cryptocurrency of the Avalanche blockchain, jumped from $39 to over $42. "Meme coins are valuable only as long as they are fun": Major warning by industry vet At the same time, the Avalanche 📷AVAXUSD key figurehead reiterated all risks of investing in meme coins. Besides increased volatility, their prices are only affected by narratives, not by fundamentals. Once this or that meme coin's narrative loses its "fun," it becomes irrelevant, so, all traders and investors should be super cautious. Triggered by Avalanche Foundation's eccentric step, a number of meme coins on the Avalanche 📷AVAXUSD blockchain jumped in the recent days. Coq Inu (COQ), Husky Avax (HUSKY) and Shibavax (SHIBX) prices witnessed double- and even triple-digit upsurges. #CryptoNews

Worldcoin (WLD) has seen a significant increase in value, rising by 10% after its debut in Singapore. This comes after a month of positive traction, with a 50% increase in mid-December. Despite a slight drop in value, there is speculation that WLD may be preparing for another bullish breakout. Data shows a steady rise in buying pressure from investors, with an increase in the number of WLD whales. The announcement of Worldcoin's expansion into Singapore has sparked further interest in the cryptocurrency. #CryptoNews

The crypto market is known for its volatility, and cryptocurrencies often exhibit patterns that resemble their past behavior. In light of this, analysts frequently examine historical trends to make predictions about future price movements. In this case, the expert drew parallels between the current price pattern of XRP and its previous trend in 2017. Back then, XRP broke free from a stagnant price action that endured from 2013 to 2017. During this cycle, XRP performed worse than other cryptocurrencies, leading to complaints from dumb money traders who subsequently exited the market. Unfortunately for them, they missed out on the impressive gains that followed. After breaking out of the 4-year consolidation trendline, XRP experienced a staggering 600-fold increase in price, reaching its all-time high of $3.84 in January 2018.

XRP Price Surge: ‘Dumb Money’ Will Miss Out, Analyst Cautions Analyst JD Draws Parallels To Past XRP Trends Despite the volatile nature of the crypto market, most cryptocurrencies are known to repeat or mirror past phenomena in their price action. As a result, it is very common for crypto analysts to look at the past and assess current trends when trying to predict the future movement of cryptocurrencies. The expert compared the present price pattern to 2017, which was the year that XRP finally broke its boring price action that lasted from 2013 to 2017. A look through this cycle shows XRP underperforming when compared to other cryptocurrencies. As a result, the ‘dumb money’ traders complained and bolted, causing them to miss the astounding gain that came after. However, XRP would then go on a 600x price gain after breaking out of the 4-year consolidation trendline. As a result, the crypto reached as high as $3.84 in January 2018, its current all-time high. #CryptoNews

Terraform Labs and its Co-Founder, Do Kwon, are facing a trial scheduled for January 29, 2024, in the Manhattan federal court following a recent ruling in favor of the SEC's claim of unregistered securities trade. The upcoming trial aims to examine the SEC's enforcement strategy and shed light on the involvement of investment firm Jump Trading, with the regulator's allegations against them being deemed compelling but circumstantial, relying on the credibility of whistleblowers. The crypto industry keenly awaits the outcome of this case.

Cardano ADA is currently experiencing a price slump amidst a major sell-off in the digital currency market. However, despite this setback, data reveals that Cardano is poised to end December on a high note. With a substantial increase of 64.8% this month, Cardano has outperformed its gains in October and November. This remarkable December gain marks the protocol's best performance since 2017, when it concluded with a significant 517.1% surge. In comparison, previous December performances have been relatively weaker. In 2018, Cardano saw a modest 6.12% increase, while in 2019, it ended with an 18.6% decline, but quickly rebounded with a 6.44% jump in December 2020. Cardano's current trajectory signals that an epic milestone may be on the horizon.

Hashdex recently released a thought-provoking ad spot on X, criticizing the use of personal computers for everyday tasks. Set in the 1980s, during the flourishing era of personal computer adoption, the interview effectively conveyed the dismissal of technology's usefulness. This marketing strategy seems to be increasingly popular among asset managers, including Hashdex and Bitwise, who are anticipating potential approvals for their BTC exchange-traded product applications. In fact, Bitwise took it a step further, enlisting actor Jonathan Goldsmith to revive his beloved Most Interesting Man in the World character, thereby promoting Bitcoin. #Bitcoin

Hashdex drops new ad spot ahead of potential spot Bitcoin ETF approval In a Dec. 28 post on X (formerly Twitter), Hashdex released an ad spot showing an interview in which the subject criticized using home computers to do everyday tasks. The interview, purportedly taking place in the 1980s amid the rise in the adoption of the personal computer, showed a man dismissing the usefulness of the technology. In addition to Hashdex, asset managers with pending BTC exchange-traded product applications in the SEC have released similar ad spots — presumably to whet the public’s appetite ahead of potential approvals. Bitwise unveiled its own media campaign in December, onboarding actor Jonathan Goldsmith to revive his “Most Interesting Man in the World” character to promote Bitcoin. #Bitcoin

The price of BTC has dropped by $1.5K, disappointing bullish traders hoping for a post-Christmas rally. It's been stuck in a range for over a week due to strong overhead resistance. Analysts are worried about profit-taking and high funding rates. Looking at the order books, there's increasing bid liquidity at the $40,000 support on Coinbase.

BTC price dives $1.5K as Bitcoin analysts watch support levels BTC price denies bulls’ post-Christmas rally Data from Cointelegraph Markets Pro and TradingView tracked a $1,500 BTC price comedown versus the daily open. In a firm reminder of the power of overhead resistance, Bitcoin stayed firmly rooted in a corridor now in place for over a week. Problems to the upside were many and various — as Cointelegraph reported, profit-taking and overly high funding rates were making analysts concerned over what could happen next. Analyzing the status of play on order books, Maartunn, a contributor to on-chain analytics platform CryptoQuant, eyed increasing bid liquidity being added at $40,000 support on Coinbase. #Coinbase

Monex Group, a Japan-based company, announced its plans to acquire a majority stake in Canadian crypto asset firm 3iQ Digital Holdings, aligning with its long-term strategy to strengthen its asset management business. By bringing 3iQ into their group, Monex aims to capture the growing needs of institutional investors and crypto asset exchanges worldwide. This move follows Monex Group's previous acquisition of Coincheck in 2018, establishing its position in the digital asset investment market. With investments in governance, internal controls, and security, Monex Group has successfully registered as a crypto asset exchange service provider in Japan.

Binance, the leading cryptocurrency exchange, has experienced remarkable growth in its user base in 2023, as stated in its year-end report. With a significant increase of over 40 million registered users, representing a 30% surge compared to the previous year, Binance now boasts an impressive total of 170 million users worldwide. This growth can be attributed to the continued adoption of Binance's crypto payments, peer-to-peer trading, and earning products. Notably, the P2P platform saw an 18% increase in trading volume and a 39% rise in active users. The company proudly disclosed its accomplishment of offering 1785 trading pairs across 431 different assets. #crypto

Yeou Jie Goh, the head of portfolio growth at DeFiance Capital, has left the crypto investment firm to join the blockchain project Chromia as the head of the Asia Pacific region. Goh's departure was confirmed by Arthur Cheong, the executive of DeFiance Capital, who mentioned that Goh is pursuing opportunities in project building given his experience with their portfolio companies. Chromia's co-founder, Or Perelman, expressed his confidence in Goh's appointment, stating that his industry expertise will contribute to the continued success of Chromia as it moves towards its mainnet launch in the coming year.

DeFiance Capital exec departs to join blockchain project Chromia Arthur Cheong-led crypto investment firm DeFiance Capital is losing its head of portfolio growth, Yeou Jie Goh. Goh resigned from DeFiance last week and is set to join the blockchain project Chromia as its head of the Asia Pacific region next month, Goh told The Block. He worked for DeFiance for over two years. Cheong confirmed Goh's departure to The Block, saying that he is leaving "to pursue opportunities in the project building side, something he's interested in given his experience working with our portfolio companies." Chromia co-founder Or Perelman also confirmed Goh's appointment, saying that his "experience and industry acumen" will help position Chromia for "continued success" as it prepares for the mainnet launch next year. #CryptoNews

ZachXBT accuses Gamegear dev 'scaredofboobs' of being a scammer of NFT Machine. According to reports, NFT Machine, managed by Tyler Gaye, is claimed to have defrauded investors by misusing funds meant for creating a decentralized marketplace. Instead, Gaye allegedly spent the money on personal NFT collection, including MoonCats. These allegations have led to legal actions against Gaye, highlighting the importance of caution in the crypto space. #CryptoNews

SafePal, a cryptocurrency wallet, is set to release an update that aims to enhance the security and user experience of crypto asset management. With its hardware and software wallet options, SafePal provides a comprehensive platform through the SafePal App. Users can conveniently store, manage, exchange, trade, and even grow their crypto assets, making it an ideal choice for both beginners and experienced traders.

FLOKI, a meme cryptocurrency inspired by Elon Musk's dog, has gained attention in the crypto market. Similar to Dogecoin and Shiba Inu, FLOKI's value relies heavily on community sentiment and social media trends. It is vital for investors to exercise caution and conduct thorough research due to the high volatility of meme tokens like FLOKI.

FLOKI to Host Quiz n January 1st FLOKI Info FLOKI is a meme cryptocurrency, much like Dogecoin and Shiba Inu. It was created in 2021 and named after the dog of Elon Musk, the CEO of Tesla and SpaceX, who has a significant influence over cryptocurrency markets. The token is part of a broader ecosystem that includes an NFT marketplace and a game. As with all meme tokens, FLOKI's value is largely driven by community sentiment and social media trends. Investors should exercise caution and thoroughly research before investing in these types of digital assets, as they can be highly volatile. #CryptoNews

@elonmusk @Droitetchaud Marisela Rathbone Friendship is a symphony of shared memories.

Today is also Marvin’s birthday 🎂

@SORUNcu Dana Wolgast Private keys should be kept secret to protect your funds.

Bitcoin's whitepaper was published in 2008, leading to its creation in 2009.