Meme coins have revolutionized the crypto world, and Fartcoin, a Solana-based AI-driven meme token, is the latest sensation. This week, Fartcoin hit an all-time high (ATH) of $1.60 after a remarkable 70% rally, capturing widespread attention. Fartcoin’s Explosive Growth Since its launch in October, Fartcoin has seen meteoric growth, surging over 700% within a month … Continue reading "Fartcoin Hits $1.60 ATH Amid AI Meme Coin Surge" The post Fartcoin Hits $1.60 ATH Amid AI Meme Coin Surge appeared first on Cryptoknowmics-Crypto News and Media Platform .
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3 Things That Could Impact Crypto Markets This Week
Crypto markets held on to gains made late last week over the weekend, and momentum could continue into the following days. There has been a small ‘Santa rally’ for stocks and crypto markets over the first few days of the year, with around $280 billion entering digital asset markets. This week will see the release of key employment figures along with consumer sentiment reports . “Labor market data is in the spotlight ahead of the January 29th Fed meeting,” commented the Kobeissi Letter. Economic Events Jan. 6 to 10 Monday will see the release of the S&P Global Services PMI (Purchasing Managers’ Index), while Tuesday has the ISM (Institute for Supply Management) Services PMI. These reports portray business conditions in the services sector and are leading economic indicators used by economists and analysts. The focus then switches to labor market data with the November JOLTS Job Openings report on Tuesday and December ADP Nonfarm Employment data on Wednesday. December’s Nonfarm Payrolls and Unemployment reports are due on Friday, and these present the number of new jobs created during the previous month, along with the percentage of people actively seeking employment. These two reports are important economic indicators as they track the shift in the number of positions that are strongly associated with the overall health of the economy. Key Events This Week: 1. S&P Global Services PMI data – Monday 2. November JOLTS Job Openings – Tuesday 3. December ADP Nonfarm Employment data – Wednesday 4. Fed Meeting Minutes – Wednesday 5. December Jobs Report – Friday 6. Total of 8 Fed Speaker Events Get ready for a… — The Kobeissi Letter (@KobeissiLetter) January 5, 2025 Friday also sees January’s Michigan Consumer Sentiment Index and Consumer Inflation Expectations preliminary readings. This data reveals the results of a monthly survey of consumer confidence levels and views of long-term inflation in the US. Additionally, the Q4 2024 earnings season will begin in earnest in mid-January. The Kobeissi Letter also cautioned that the “implications of China’s real estate collapse will spread well beyond real estate in China ” before adding, “As we head into 2025, we are positioning ourselves for more volatility in the market.” Crypto Market Outlook Crypto market capitalization has remained flat over the past 24 hours and was at $3.68 trillion at the time of writing. Bitcoin momentum was building steadily, with the asset hitting a ten-day high, topping $99,000 during early trading in Asia on Monday morning. The asset has now gained around 7.5% over the past seven days and it is on track to reclaim the psychological $100,000 level soon. #BTC Post-breakout Quarterly Retest and Trend Continuation confirmed $BTC #Crypto #Bitcoin https://t.co/T5fYyyybjH pic.twitter.com/geXSv4SYue — Rekt Capital (@rektcapital) January 5, 2025 Ethereum has mirrored the action with a similar weekly gain as it tapped $3,670 on Jan. 6, its highest price since Dec. 19. Most of the altcoins were flat on the day, having held on to weekend gains, and momentum appears set to continue this week. The post 3 Things That Could Impact Crypto Markets This Week appeared first on CryptoPotato . Cryptoknowmics
HTX 2025 New Year’s Eve Livestream: Focusing on “The People’s Exchange” and Global Expansion, Embracing a New Chapter in the Crypto Market
Recently, HTX hosted a New Year’s Eve livestream titled “Hello 2025.” During the event, HTX’s spokesperson, @HTX_Molly, reviewed the platform’s achievements in 2024 and unveiled ambitious plans for 2025. 2024 Review: HTX Prioritizes Trust, Security, Innovation, and Wealth Creation In the livestream, @HTX_Molly highlighted HTX’s significant achievements in 2024. The platform made substantial progress in product innovation, security & compliance, ecosystem expansion, and wealth creation. Furthermore, with the support of the HTX DAO, the platform’s decentralized ecosystem continues to grow steadily. The goal of “The People’s Exchange” is becoming increasingly defined, reinforcing its leadership in the industry. ● Confidence Journey: Rebuilding User Trust In December 2024, HTX launched the “Confidence Journey” campaign across four cities, to reconnect with users and rebuild trust. During this journey, HTX engaged in open dialogues with the DOGE community, traditional finance players, and emerging venture capital groups, discussing both opportunities and challenges within the blockchain industry. ● Safety First: Multifaceted Protection of User Assets In the face of various security threats in the crypto space, HTX proactively implemented robust security measures, including: 1. HTX has partnered with global leading security companies such as Fireblocks and Cobo to conduct comprehensive audits of every chain and product on the platform, ensuring the utmost security of user assets. 2. The exchange has published the Merkle Tree-based Proof of Reserves (PoR) for 12 consecutive months in 2024, maintaining a reserve ratio consistently exceeding 100%. It has also introduced policies such as the futures security deposit and anti-theft mechanisms, guaranteeing 100% compensation for any fund losses attributable to platform-related issues. ● Tech-Driven Product Innovation: Leading Industry Trends In 2024, driven by technological innovation, HTX launched a series of industry-leading products, including four major mining-related features. In February 2024, Liquid Restaking was introduced, improving users’ asset management efficiency while maintaining strong security. This feature was later upgraded to SmartEarn, enabling users to earn a 6% annual percentage yield (APY) on the assets in their Futures account, regardless of whether they are holding a position or not. There are no entry requirement and no lock-up period. Launched in November 2024, “Borrow & Earn” centers on USDT flexible loans. This feature empowers users to effortlessly share in the platform’s growth through regular borrowing, eliminating the need for complex operations. In addition, “Trade to Earn” and “Earn with Pending Orders” incentivize user participation through subsidies, boosting platform liquidity while creating a mutually beneficial outcome for both users and the platform. Notably, HTX’s collaborative ecological project, SunPump, swiftly gained traction upon its launch, igniting a meme coin frenzy. ● In-Depth Research: Seizing Market Opportunities As @HTX_Molly mentioned in the livestream, HTX boasts a dedicated investment research team, providing users with precise market analysis throughout the year. For example, HTX was one of the first exchanges in the industry to predict that BTC would reach $100,000 in 2024. By strategically positioning itself early in the Base and TON-related ecosystems, the platform successfully capitalized on market opportunities. ● Curating Quality Assets: Driving Wealth Creation HTX listed a total of 218 high-quality assets throughout the year, covering popular sectors such as DePIN, RWA, meme coins, and more, with 171 being pioneering offerings on the platform. @HTX_Molly emphasized that moving forward, HTX will continue to optimize its listing strategy, prioritizing top-tier assets and adhering to the “strict selection by Justin Sun” principle. Meanwhile, the platform will focus on community engagement, listen to user feedback, and strive to establish itself as “The People’s Exchange,” solidifying its position as the “go-to platform for high-quality assets.” Looking Ahead to 2025: Building the People’s Exchange and Expanding Global Reach Based on @HTX_Molly’s analysis, 2025 is poised to be a pivotal year for the crypto industry. It is anticipated to witness accelerated growth, continuous technological advancements, and increased adoption of innovations, presenting unprecedented opportunities for all industry participants. As a leading force in the crypto industry, HTX will concentrate on the following key areas: 1. “The People’s Exchange”: Accelerating the realization of “the People’s Exchange” goal in 2025, by promoting community governance and the construction of the DAO model through the HTX DAO forum and the regularly updated governance committees. 2. Global Expansion: Expanding HTX’s global reach with a particular focus on the CIS region, while enhancing brand visibility through comprehensive, multi-faceted campaigns and exploring new opportunities for business development and user growth. 3. AI + Crypto: Diving into the AI + Crypto frontier, for example, conceptual AI applications, memes, and the combination of AI agents with intent and smart contracts. 4. $HTX: Gradually Refining the $HTX economic and community governance models, offering long-term empowerment to $HTX and preparing for its future explosive growth. The post HTX 2025 New Year’s Eve Livestream: Focusing on “The People’s Exchange” and Global Expansion, Embracing a New Chapter in the Crypto Market first appeared on HTX Square . Cryptoknowmics