by | Jan 3, 2025 | Business
What
Xpress is launching a digital e-trike booking system in Boracay, designed to enhance transportation efficiency, promote sustainability, and support local economic growth. Key features include real-time updates, scam prevention, QR code-enabled rides, and a live monitoring dashboard.
Who
The initiative is a partnership between Xpress, the Boracay Local Government Unit (LGU), Mayor Floribar Bautista, Vice Mayor Niño Cawaling, the Boracay Land Transport Multi-Purpose Cooperative (BLTMPC), Chairman Joel V. Gelito, Vice Chairman Prodencio Vargas, and General Manager Joan Pineda.
When
The timeline of the launch is not explicitly stated but includes prior successes in Manila as a reference for implementation.
Where
Boracay Island, Philippines.
How
Xpress is implementing a digital platform for e-trike services, complemented by rider and driver emergency response training, financial literacy seminars, and collaborations with initiatives like Ka-GoNegosyo. The approach emphasizes regional adaptation, sustainability, and economic empowerment.
Metro Manila, Philippines – Xpress is thrilled to announce its strategic partnerships with the Boracay Local Government Unit (LGU), Mayor Floribar Bautista, Vice Mayor Niño Cawaling, and the Boracay Land Transport Multi-Purpose Cooperative (BLTMPC), including Chairman Joel V. Gelito, Vice Chairman Prodencio Vargas, and General Manager Joan Pineda. Together, we are launching a groundbreaking digital solution to revolutionize e-trike transportation on Boracay Island. This innovative e-trike booking system aligns with the island’s sustainability goals, significantly enhances local infrastructure, and supports the community’s economic development.
Transforming Transportation in Boracay
Boracay Xpress’ digital platform is designed to streamline and organize the e-trike services on the island. By integrating all available transportation options, the system provides real-time updates and advanced booking features, promoting efficient and eco-friendly travel for both locals and tourists. This initiative not only supports fair competition among e-trike operators but also creates job opportunities for the local community.
Key features of the Boracay Xpress platform include:
Insurance Options: Providing peace of mind for both riders and drivers.
Live Monitoring Dashboard: Ensuring transparency and efficient management of transportation services.
Scam Prevention: Implementing measures to protect passengers from fraudulent activities.
Scan & Ride: Enables quick ride starts through QR code scans for expedited pickups.
Additionally, Xpress ensures that Riders and Drivers are well-trained and prepared for any circumstances they might encounter. To support this, Xpress provides Emergency Training Response for all Riders and Drivers. This training has proven effective, as demonstrated by its success in Manila, where equipped riders assisted individuals involved in minor accidents. Xpress will implement this practice in Boracay to enhance safety and maintain high-quality service.Commitment to Regional Adaptation and Collaboration
Our partnership with Boracay exemplifies Xpress’ dedication to tailoring our services to regional needs while strengthening relationships with local authorities. By emphasizing sustainability, fair competition, and job creation, Xpress is committed to fostering positive change and supporting local community development.Furthermore, Xpress is dedicated to providing our partner Riders and Drivers the chance to go closer to financial independence. Through seminars and training sessions, we enhance their financial literacy and entrepreneurial skills. We are working along with Ka-GoNegosyo, led by Cebuana Lhuillier to advance this vision and support our community’s growth.
In line with our goal to empower more MSMEs across the Philippines, we have expanded our customized LGU programs and are now collaborating with four additional LGUs to implement similar initiatives to drive economic growth and foster entrepreneurship.
About Xpress
Xpress is a leading transportation service provider dedicated to delivering reliable, innovative, and sustainable travel solutions. Through strategic partnerships and cutting-edge technology, Xpress continues to redefine transportation standards, ensuring safety, convenience, and satisfaction for all users.
For more information about Boracay Xpress, and other initiatives, please visit www.xpress.ph.
by | Jan 3, 2025 | Business
Discover the latest Bitcoin price analysis for 2025, highlighting BTC’s rally past $97,750, key market trends, MicroStrategy’s bold moves, and insights into technical levels, on-chain activity, and future projections.
Bitcoin (BTC) achieved a significant milestone by crossing the $97,750 mark on Thursday. This represents a 7% rise since MicroStrategy’s $200 million BTC purchase earlier this week.
Despite ongoing market volatility, signs of recovery are evident in Bitcoin’s price movement and associated crypto-related stocks.
The December 2024 Volatility and Market Recovery
Bitcoin faced intense downward volatility in late December 2024, triggered by the U.S. Federal Reserve’s hawkish stance during the December 17 FOMC meeting, which hinted at fewer rate cuts in Q1 2025. This led to a 15% decline, pushing BTC from its all-time high of $108,850 to $91,500 by December 29.
However, MicroStrategy’s strategic $209 million BTC purchase reignited bullish sentiment, spurring a 6.8% recovery by December 30. CEO Michael Saylor’s commitment to acquiring $42 billion worth of BTC over three years underscores his confidence in Bitcoin’s long-term potential, further bolstering investor optimism.
Crypto-Related Stocks Reflect Positive Sentiment
While U.S. stock markets were closed for the holidays, crypto-related stocks like MicroStrategy (MSTR), Coinbase (COIN), and TerraWULF (WULF) posted after-market gains exceeding 3%, echoing Bitcoin’s upward trajectory.
Such after-market movements signal heightened investor interest and optimism, setting the stage for potential further gains as markets reopen.
On-Chain Activity: A Key Indicator
Despite recent price gains, Bitcoin’s on-chain activity remains subdued. IntoTheBlock’s data indicates a 30% decline in daily active addresses, with only 676,000 transactions executed on December 30 compared to the 976,490 peak on December 16.
This divergence suggests that long-term holders and bullish whales drive the current momentum, while retail traders remain cautious.
Technical Analysis: Critical Levels to Watch
Bitcoin’s price is currently trading above the Volume Weighted Average Price (VWAP) of $96,494, reflecting strong bullish momentum. Key resistance and support levels include:
Resistance Levels:
- Mid Bollinger Band: $97,817
- Upper Bollinger Band: $105,724
Support Levels:
- Lower Bollinger Band: $89,909
-
VWAP Support: $96,494
A sustained break above $100,000 could signify a bullish breakout, but the risk of whale-driven sell-offs looms, potentially triggering a reversal toward $95,000.
The Bigger Picture: Bitcoin’s 2025 Outlook
Several factors point to Bitcoin’s potential to surpass its previous highs in 2025:
Supportive U.S. Regulatory Environment: Donald Trump’s election victory has boosted sentiment, with promises of pro-crypto policies, including potential reforms to SEC leadership and the establishment of a strategic Bitcoin reserve.
1. ETF Approvals: The introduction of spot Bitcoin ETFs in 2024 has expanded mainstream adoption, contributing to increased institutional interest.
2. Halving Event: Bitcoin’s halving, reducing block rewards, has historically driven price appreciation by creating supply constraints.
3. Market Predictions: Analysts from institutions like Standard Chartered and Galaxy Digital project Bitcoin prices ranging from $160,000 to $200,000 in 2025. Projections from other firms, including CoinShares and Maple Finance, support this bullish outlook, citing increased institutional adoption and favorable macroeconomic trends.
Potential Risks and Corrections
While the bullish case remains strong, risks include speculative trading volatility, geopolitical tensions, and unexpected regulatory hurdles. Analysts warn of potential corrections, with Bitcoin’s price possibly dipping to $80,000 during market shocks before resuming its upward trajectory.
Conclusion
Bitcoin’s current rally reflects a blend of robust institutional confidence and strategic buying from key players like MicroStrategy. With supportive regulatory developments and technical indicators signaling momentum, Bitcoin is well-positioned for a breakthrough to $100,000 and beyond in 2025.
However, traders should remain cautious of short-term volatility driven by speculative activity and macroeconomic uncertainties. In the long term, Bitcoin continues to solidify its role as a leading digital asset, attracting both retail and institutional investors alike.
by Ferry Bayu | Jan 3, 2025 | Health and Wellness
GoGym is transforming fitness into a game, creating a fun and engaging environment where every member’s achievements are acknowledged and celebrated. This approach makes each workout feel like a victory in the journey toward a healthier, happier life.
By redefining fitness, GoGym turns workouts into a rewarding, game-like experience that encourages members to stay engaged and motivated. Maintaining motivation to get fit can be challenging, especially for newcomers to fitness.
To address this, GoGym is introducing elements of gamification, such as friendly challenges, progress rewards, and community milestones. These features aim to make every visit to the gym enjoyable and rewarding.
“Gamifying the gym experience is a natural progression to making fitness more accessible and easier for everyone,” says Kristoff Inocentes, Head of Sales & Marketing at GoGym, who is also an avid gamer.
“We want people to keep returning to our gyms,” Kristoff explains. “We want them to enjoy their experience as they work toward achieving their fitness goals. Gamers love completing quests, earning rewards, and leveling up, and that’s exactly what we want them to do with their fitness journey at GoGym.”
Through the GoGym app, members can set personalized goals, track their progress, and earn reward points for every completed workout and referral shared. These points can unlock exclusive rewards, including discounts on personal training, free merchandise, and more. It’s not just about lifting weights or burning calories; it’s about celebrating progress, building confidence, and staying excited about the fitness journey.
“Our goal is to create a fitness experience that people genuinely enjoy,” says Chief Product Officer Felicia Perez. “We understand that fitness can feel intimidating, so we designed GoGym to be welcoming, fun, and motivating. Gamifying the experience helps people stay engaged and view every session as an opportunity to level up.”
Challenges, Rewards, and a Supportive Community
Members are invited to take part in app-based challenges, from weekly workout targets to group milestones. With each completed session, they earn points that bring a sense of achievement and tangible rewards. These milestones and targets also give members some goals to strive for that will help them stay on the path to achieving their own personal fitness goals.
Community events and leaderboard challenges foster a sense of camaraderie and a bit of healthy competition, encouraging members to push their limits together. GoGym is not just a gym; it’s a community where progress is celebrated, effort is rewarded, and each member’s journey is valued.
Fitness Made Accessible and Fun
Gamifying fitness makes it fun, especially for those who may have felt out of place in traditional gyms. And who doesn’t like to have fun? GoGym’s approach turns exercise into a rewarding journey, offering a welcoming entry point for everyone, regardless of fitness level. It also helps maintain consistency as members keep coming back to continue progressing and earning rewards and achievements.
“We want to shift the focus from perfection to persistence,” adds Co-Founder and CEO, Andrew Phillips. “It’s about celebrating small victories, staying consistent, and making fitness something people look forward to.”
By turning fitness more into a game, GoGym has created a fun and engaging space where every member’s success is recognized and rewarded, making each workout a win in the journey toward a healthier, happier life.
To learn more, visit www.gogym.ph or download the GoGym app at the iOS App Store or at the Google Play Store.
by | Jan 2, 2025 | Business
Juara Holding Group, a pioneering leader in the tourism and luxury services industry, is thrilled to announce the initiation of its Integrated Business Ecosystem 2025 Plan. This strategic initiative is aimed at revolutionizing travel experiences and luxury offerings across Indonesia, marking a significant leap forward in enhancing customer satisfaction and industry innovation. The plan is set to commence on January 6, 2025, embodying Juara Holding Group’s unwavering commitment to excellence, sustainability, and delivering unparalleled value to its clients.
Bali, Indonesia – January 1 2024 – In a bold move to redefine industry standards, Juara Holding Group today unveils its Integrated Business Ecosystem 2025 Plan, a comprehensive strategy designed to revolutionize the tourism and luxury services sectors in Indonesia. This plan reflects Juara Holding Group’s dedication to excellence, innovation, and customer satisfaction.
“The Integrated Business Ecosystem 2025 Plan represents our commitment to delivering unparalleled luxury and adventure experiences across Indonesia, seamlessly integrating our diverse services to meet the evolving needs of our clients,” said Agung Afif, Founder & CEO at Juara Holding Group.
Highlights of the Integrated Business Ecosystem 2025 Plan:
Enhanced Luxury Travel Services: Expansion of high-end tour offerings through Komodo Luxury, providing exclusive sailing adventures in Komodo National Park and Raja Ampat, tailored to discerning travelers seeking unique experiences. Komodo Luxury also have Boat construction, Boat Management, and also Boat for sale.
Comprehensive Local Tour Packages: Indonesia Juara Trip will broaden its range of authentic local tours, solidifying its position as the premier choice for destinations such as Nusa Penida, Labuan Bajo, Raja Ampat, Sumba, and Derawan, offering both open and private trip packages.
Premium Transportation and Accommodation: Bali Premium Trip and Bali Premium Villa will enhance their luxury car rental services and premium villa offerings in Bali, ensuring clients experience the highest standards of comfort and convenience during their stay.
The Integrated Business Ecosystem 2025 Plan is a result of extensive research and dialogue with customers, partners, and industry experts, ensuring that it addresses key opportunities in the industry. It is structured to propel Juara Holding Group towards leadership in innovation and customer satisfaction.
In addition to the strategic objectives, the plan includes the integration of Juara Production’s media services, offering clients comprehensive digital solutions, including photography, videography, and website development, demonstrating Juara Holding Group’s proactive approach to driving change and fostering growth.
“This initiative sets a new benchmark in the industry, promising to deliver exceptional value and experiences to our clients while promoting sustainable and responsible tourism practices across Indonesia,” remarked Agung Afif, Founder & CEO at Juara Holding Group.
The plan is set to roll out starting January 6, 2025, with initial steps focusing on service enhancements and the seamless integration of offerings across all subsidiaries. For more information on the Integrated Business Ecosystem 2025 Plan and its implications for clients and the industry, visit https://juaraholding.com.
by | Jan 1, 2025 | Business
Looking for a Personalised Feng Shui Consultation? Learn how a personalised Feng Shui Consultation can help improve you general luck in 2025!
Fengshui is a principle founded upon the studies of energy flow surrounding individuals and their environment. Through different methodologies that observe and effect the flow of energy, one will be able to strategically alter the placement and arrangement of objects, thus achieving and improving the general flow of energy. While traditional Feng Shui principles are widely known, what many people overlook is the importance of personalised Feng Shui services. Feng Shui is not a one-size-fits-all solution; it should be tailored to the individual and their unique life circumstances. In this article, we will explore the following points:
1) How personalised Feng Shui services can benefit a person
2) The various schools of Feng Shui practiced in Singapore
3) The value of personalised Feng Shui services.
We will also look at how integrating Feng Shui with other practices like Bazi (Chinese astrology) and Auspicious Date Selection can create a powerful synergy for a balanced and prosperous life.
How Can Feng Shui Help a Person?
Feng Shui is based on the idea that the energy or Qi (氣) flows through our environment, influencing our health, relationships, wealth, and overall well-being. When the flow of energy is balanced, we experience harmony, prosperity, and peace. Personalized or customized Feng Shui services take this practice to the next level, providing even more profound benefits. By tailoring Feng Shui recommendations to an individual’s unique needs, life path, and timing, personalized Feng Shui helps maximize positive energy, harness opportunities, and minimize negative influences.
The benefits of personalised Feng Shui services are vast. Here’s how Feng Shui can positively influence various aspects of a person’s life:
Health and Well-being: Feng Shui helps create a supportive environment that can boost physical and emotional health. For instance, the placement of furniture, the use of colors, and the selection of materials can enhance Qi, improving circulation and promoting a sense of calm. Proper Feng Shui arrangements can reduce stress, anxiety, and fatigue, leading to better overall health.
Wealth and Abundance: In the realm of financial prosperity, Feng Shui can enhance the flow of wealth by activating the wealth sectors of your home and/ or office. Proper placement of feng shui items like the money tree, coins, or water features can attract wealth, opportunities, and success into your life.
Relationships and Harmony: Feng Shui also focuses on creating balance in your relationships, whether in your home or office. The placement of love symbols can encourage positive relationships, communication, and harmony between partners and family members.
Career Success: In the workplace, Feng Shui can help enhance career prospects. Aligning workspaces according to Feng Shui principles can improve focus, creativity, and motivation. The right use of Feng Shui items can encourage career growth and support professional success.
By addressing the specific needs of an individual, personalised Feng Shui services go beyond general advice and ensure that the changes made in the environment directly align with one’s unique life goals.
Different Schools of Feng Shui in Singapore
Feng Shui – 先天与后天八卦
Feng Shui is not a single, uniform practice but rather a collection of various approaches and methods. The most basic and commonly practiced methods of Feng Shui include:
Eight Mansions (八宅): This school is based on the individual’s personal Kua number, derived from their birthdate. It focuses on the four favorable directions and the four unfavorable directions for each individual, ensuring that the space is aligned with these directions to enhance health, wealth, and harmony.
Purple White Flying Stars (紫白飞星): This system analyzes the movement of nine stars to assess the energy of a space over time. Each star represents specific influences, such as prosperity or misfortune. By creating a Flying Star chart based on a property’s orientation and the time period it is in, practitioners balance energies with remedies and enhancements to improve the Feng Shui of one’s home or office.
Form School (形法, Xing Fa) and Landform Feng Shui (地形法, Di Xing Fa): Form School evaluates the auspiciousness or inauspiciousness of a property based on its shape and the internal layout of the space. It focuses on the property’s internal configurations to determine its energy flow. Through the shifting of internal furnishings and fittings, it seeks to improve the positive flow of energy thereby enhancing the property’s Feng Shui. Landform Feng Shui, on the other hand, analyzes the mountains, rivers, roads, and the number of floors of a property, considering the electromagnetic forces they generate. These factors influence the property’s energy and determine its overall auspicious or inauspicious effects. These are usually the external environment of one’s property and could not be easily amended nor removed. Considering this limitation, it is therefore important to consider the Feng Shui of a house prior to purchase. Nevertheless, there are still effective remedies that can be implemented in one’s property and it is advisable to consult a professional Feng Shui Master for solutions.
The above examples are not exhaustive and there are more in-depth methods being used by various Feng Shui Masters. While each of these methods has its merits, personalised Feng Shui services should take into account the best practices from these methods that align with the individual’s circumstances. By including personalized details such as the client’s Bazi, auspicious dates for activation, the effectiveness of Feng Shui is significantly magnified. This combination of personalised Feng Shui analysis creates a holistic approach which is likely to be more accurate and effective than a single-method Feng Shui Approach.
An experienced Feng Shui Master can select and combine the most effective and appropriate methods to create a personalize solution that enhance the Feng Shui of the occupants. More often than not, Feng Shui Masters will adopt more than a single school of thoughts to tap on the benefits of each methodology. This is why a personalized Feng Shui Service value adds much more as compared to off-the-shelf solutions that is usually based on a single method.
The Value of Personalised / Customised Feng Shui Services
A key advantage of personalised Feng Shui services is that they offer tailored advice that addresses the specific needs of an individual. Generic or one-size-fits-all Feng Shui advice may not be effective, as it doesn’t take into account the unique challenges and aspirations of a person. In contrast, a customised Feng Shui service is designed to provide a holistic solution that aligns with the client’s goals, life path, and even their personal Bazi (Four Pillars of Destiny).
Individualized Solutions: Personalised Feng Shui takes into account a person’s unique goals, whether they are focused on wealth, career advancement, health improvement, or relationship harmony. At different stages in life, one may be focusing on different By analyzing an individual’s Bazi and their home or office layout, a Feng Shui Master can offer bespoke remedies and enhancements that are most beneficial.
Synergy of Feng Shui, Bazi, and Auspicious Date Selection: One of the most powerful aspects of personalised Feng Shui services is the integration of multiple disciplines. Bazi, also known as Four Pillars of Destiny, provides insights into a person’s life path, character, and potential challenges. A Feng Shui Master can incorporate this information to recommend the most favorable Feng Shui arrangements based on the individual’s birth chart. Additionally, Auspicious Date Selection ensures that important events such as moving into a new home, starting a business, or signing contracts occur on dates that align with the individual’s favorable energies. By combining these three elements—Feng Shui, Bazi, and Auspicious Date Selection—clients receive a highly customized approach that supports their personal journey and objectives.
Increased Effectiveness: When Feng Shui is personalised to suit an individual’s needs, it can have a more profound and lasting impact. For example, a customized feng shui report tailored to your home or office will ensure that each sector is addressed according to your specific goals and challenges. This ensures that remedies and enhancements are not only in harmony with the environment but also with your personal energy.
Holistic Approach: Personalised Feng Shui services take a holistic approach, considering the individual’s emotional, physical, and spiritual well-being. By integrating Feng Shui adjustments with Bazi and other auspicious factors, clients can achieve a more harmonious balance in all areas of life, ensuring that their environment nurtures their personal growth.
How Moon FengShui Can Help You in Your Feng Shui Journey
At Moon FengShui Consulting, we understand that every person’s needs are unique, and that’s why we specialize in providing personalised Feng Shui services tailored to your specific circumstances. Combining the different methods together with Kua Number, Bazi and Auspicious date, our – 三吉重叠 (San Ji Chong Die) service is the most comprehensive Feng Shui solution for clients. In addition, a personalize Feng Shui Report will be provided to every client, detailing the whole Feng Shui Audit process and insights. Considering that 三吉重叠 is unlike yearly flying star, there is no need to make too much amendments from year to year as long as the occupants remain unchanged or there is no major renovation that significantly alters the floor plan.
Whether you’re moving into a new home, renovating your office, or simply looking to enhance your environment, Moon FengShui Consulting is committed to helping you achieve lasting harmony and prosperity. Our bespoke services are designed to bring balance and positive energy to your space, ensuring that you can live and work in an environment that supports your goals and ambitions.
We take immense pride for our Feng Shui solutions and is a strong believer that service excellence is our competitive edge. Every client is important and we sincerely hope that that our Feng Shui Services goes a long way in your life. That is why our Feng Shui solutions are highly personalized, requiring us to have at least 4 meetings (Introduction, On Site audit, Zoom Conference, On Site activation) to ensure everything is in place. Trust Moon FengShui Consulting to guide you on your Feng Shui journey and unlock the full potential of your environment. Visit our website now! https://www.moonfengshui.com.sg/
Disclaimer: The information provided in this article is for educational and informational purposes only. While every effort has been made to ensure the accuracy and relevance of the content, it is important to note that Feng Shui practices are highly personalized and should be adapted to an individual’s unique life circumstances. The suggestions and insights provided here may not be applicable to everyone. For customized advice tailored to your specific needs, it is recommended to consult with a professional Feng Shui Master. Moon FengShui Consulting is not responsible for any actions taken based on the information in this article. For personalized Feng Shui services, please contact us directly for a full consultation.
by | Dec 31, 2024 | Business
Discover the latest analysis of Bitcoin’s price trends for 2025. Explore key market insights, expert predictions, whale activity, and potential bullish scenarios that could lead to new all-time highs. Stay informed and prepared for the year ahead in cryptocurrency trading.
The cryptocurrency market has seen its fair share of volatility as 2024 draws to a close, with Bitcoin (BTC) at the center of attention. Despite recent fluctuations and bearish trends, significant developments and predictions signal potential recovery and growth in 2025.
BTC Current Market Overview
Bitcoin’s bearish trading persisted into late Monday, dipping below $92,000 briefly before recovering to $92,800 by Tuesday morning in Asian markets. Profit-taking activities and macroeconomic uncertainties have contributed to this volatility.
Analysts suggest the market may remain subdued until February, weeks after U.S. President-elect Donald Trump assumes office and potentially introduces policies that could influence financial markets.
Singapore-based QCP Capital highlighted in a Telegram broadcast, “We are skeptical of any New Year fireworks, especially with funding healthy. January’s average returns (+3.3%) are relatively similar to December’s (+4.8%), and we could expect the spot to remain in this range in the near term before things start to pick from Feb onwards.”
Options markets reflect similar sentiments. Traders are purchasing call options for March—betting on higher prices—while declining premiums indicate optimism for a price surge in the first quarter of 2025.
However, when this article was written right on New Year’s Eve, December 31, the price of BTC increased by 0.19% so that it was traded for $ 94,094. The RSI value of BTC is also approaching 50 with the MACD showing an attempt to rise.
If BTC can maintain this performance and even increase, bullish will occur and the possibility of ATH in 2025 will come true.
MicroStrategy’s Aggressive Bitcoin Acquisition
MicroStrategy continues its unwavering commitment to Bitcoin acquisition. The company added another 2,138 BTC for $209 million in its eighth consecutive week of purchases, bringing its total holdings to 446,400 BTC valued at $27.9 billion.
Despite these efforts, Bitcoin prices fell following the announcement, and MicroStrategy’s stock dropped 8% to its lowest since November. CEO Michael Saylor remains steadfast, advocating dollar-cost averaging (DCA) strategies and hinting at further purchases in 2025.
However, there are speculations about a potential pause in January due to market resistance and overleveraging concerns.
Market Sentiment and Whale Activity
Significant whale activity has further influenced market dynamics. A notable Bitcoin whale deposited 778 BTC (approximately $72 million) into Kraken, marking consistent selling activity since December 20.
These deposits coincide with Bitcoin’s price declines, reinforcing bearish sentiment. The whale still holds a substantial 24,665 BTC, valued at $2.27 billion, signaling the potential for continued market impact.
Technically, Bitcoin faces challenges, trading below its 50 EMA with the next significant support at $76,160 (200 EMA). Failure to hold this level could lead to increased selling pressure. Key levels to watch include $85,456 as critical support and $96,471 as immediate resistance.
Broader Cryptocurrency Market Trends
Bitcoin’s struggles have rippled across the cryptocurrency market:
- Ether (ETH), XRP, Solana (SOL), and Cardano (ADA) fell up to 3% before recovering.
- Memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) dropped by 5%.
- The CoinDesk 20 index, which tracks major cryptocurrencies, lost 2.7% in 24 hours.
Exchange-traded funds (ETFs) linked to Bitcoin saw $420 million in outflows, with Fidelity’s FBTC leading the withdrawals at $154 million. This trend underscores cautious investor sentiment and a potential pivot away from Bitcoin in the short term.
2025 Forecast: A Potential Turnaround?
Despite current headwinds, analysts predict brighter prospects for Bitcoin in 2025. Blockware’s projections suggest Bitcoin could surge to $150K-$400K, driven by factors such as the U.S. government’s potential strategic Bitcoin reserve.
Crypto analyst MAGS highlighted Bitcoin’s historical patterns, noting parabolic rises post-ATH breakouts:
- 2013: Peaked 273 days after ATH breakout.
-
2017: Peaked 233 days after ATH breakout.
-
2021: Peaked 328 days after ATH breakout.
For 2025, this model suggests a peak between June and October. CoinCodex predicts Bitcoin may reach $110K by January 2025, signaling a strong start to the year.
Conclusion
Bitcoin remains a robust asset in the long term despite short-term challenges. Key factors to monitor include whale activity, support/resistance levels, and broader market sentiment.
While 2024 ends on a bearish note, optimistic forecasts and strategic acquisitions hint at a potential rebound in 2025.
Investors are advised to remain vigilant and consider both technical and fundamental indicators as the new year unfolds.
by | Dec 31, 2024 | Business
Karaoke Manekineko is thrilled to announce an exclusive collaboration with My Hero Academia in celebration of the anime’s impressive milestone of surpassing 100 million global manga sales. This exciting partnership offers fans a unique, immersive experience at select Karaoke Manekineko outlets from December 30, 2024, to February 16, 2025.
Fans can step
into the world of My Hero Academia with specially designed karaoke
rooms featuring stunning visuals from the series. These themed rooms will
be available for a limited time at Karaoke Manekineko outlets in Bukit
Bintang and Avenue K. It’s the perfect chance to sing your favourite
anime songs while surrounded by iconic characters from the show.
In addition to the themed rooms, the
collaboration offers a range of specially crafted drinks and exclusive
merchandise inspired by My Hero Academia. These beverages and
merchandise will be available not only at Bukit Bintang and Avenue K
but also at Paradigm PJ, Berjaya Times Square, and Eko Cheras
outlets. Fans can enjoy unique drinks while immersing themselves in the vibrant
atmosphere of the event.
This limited-time event brings fans together to
celebrate the world of My Hero Academia and share their love for the series.
Whether you’re a long-time fan or a newcomer, the collaboration promises an
unforgettable experience filled with fun, heroes, and memorable moments. Don’t
miss this epic celebration—head to Karaoke Manekineko for a heroic time!
by | Dec 30, 2024 | Business
Discover why XRP prices are falling and what lies ahead for Ripple’s cryptocurrency. Explore key support and resistance levels, technical analysis, macroeconomic factors, and expert predictions for XRP’s future amidst market volatility and regulatory developments.
The cryptocurrency market has been volatile, and Ripple’s XRP is no exception. Recent price movements have shown the token struggling to maintain support levels while investors weigh macroeconomic factors and regulatory developments.
Below, we delve into the factors driving XRP’s price fluctuations, technical analysis, and future predictions.
Crypto’s Current Market Overview
XRP’s price has significantly fluctuated, recently slipping toward a key psychological support level of $2. The token, which facilitates transactions on Ripple Labs’ digital payment platform, has dropped nearly 30% from its December 3 peak of $2.9. Over the past 24 hours alone, XRP has declined by 6%, struggling to stay above $2.07.
The broader market has seen a retreat, with Bitcoin falling 12.6% weekly and Ethereum slipping 15.5%. The U.S. Dollar Index (DXY) surged to 108.5, its highest in months, making dollar-denominated assets like cryptocurrencies less attractive.
This trend has put downward pressure on XRP, which has historically shown a strong negative correlation with the dollar.
Technical Analysis
XRP’s price action has been characterized by a descending triangle pattern and significant support and resistance levels. You can see the XRP price chart today above. XRP price has dropped almost 7% and is now trading at $2.0066.
In fact, the XRP RSI value has fallen below 30, which means a bearish moment is coming. The XRP MACD line is also sharply falling.
Key Support Levels:
- $2.00-$1.96: Psychological and historical support zone.
- $1.90: Aligns with the 0.618 Fibonacci retracement.
- $1.64: Corresponds to the 0.786 Fibonacci retracement.
Key Resistance Levels:
- $2.20: Upper boundary of the descending triangle.
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$2.28: Near the 0.382 Fibonacci retracement.
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$2.50-$2.73: December highs and local peaks.
Macroeconomic and Regulatory Influences
XRP’s performance has been impacted by broader economic factors and regulatory developments:
1. Strong U.S. Dollar: The DXY’s bullish run has dampened demand for speculative assets, including XRP.
2. SEC Legal Battle: Ripple’s ongoing case with the SEC remains a cloud over the asset. Recent developments, such as the appointment of crypto-friendly Paul Atkins as the new SEC chairman, could provide regulatory clarity and potentially act as a catalyst for XRP.
Historical Performance and Outlook
XRP has shown resilience in the past, rallying from $0.6 to $3 after the U.S. election. However, its momentum stalled in December, leading to the current correction phase. Analysts suggest that the immediate focus for XRP is holding the $1.90-$2.00 support zone. Failure to do so could lead to a decline toward $1.64.
Conversely, if XRP breaks above resistance levels near $2.20, it could aim for $2.50 and higher. The potential for a rally depends on external catalysts, including macroeconomic stability and favorable regulatory changes.
XRP Price Predictions
Analysts offer mixed predictions for XRP’s short- and long-term performance:
1. Short-Term (December 2024): Projected range of $1.91 to $2.50.
2. Early 2025: Expected to fluctuate between $1.35 and $2.12 in January, with slight improvements by February.
3. Long-Term (End of 2025): If institutional adoption and regulatory clarity improve, XRP could climb to $5 or higher. Optimistic analysts like Egrag predict a potential rise to $50 during the next major market cycle.
Conclusion
XRP is navigating a complex landscape of technical, macroeconomic, and regulatory challenges. While the token’s current price action suggests caution, it retains the potential for a bullish breakout, provided key support levels hold.
Investors should closely monitor developments, including the incoming U.S. administration’s impact on crypto policies, as these could significantly influence XRP’s trajectory in the coming months.
When the price of XRP is falling like today, many investors will buy XRP tokens in the hope that when the price goes up they will get high profits. However, the FOMO nature cannot be applied as an investor in the crypto ecosystem.
You must do in-depth research before buying. The risk of profit and loss must be considered carefully. So, checking the price from XRP to USD must also be done to find out the estimated budget that must be allocated for investment.
You can use all of Bitrue’s free features to do research before investing in crypto. Starting from checking prices in real time to finding out the projects being carried out by each token.
by | Dec 30, 2024 | Business
December 30, 2024 – VRITIMES, a leading platform in press release distribution, is proud to announce its partnership with Yam Agency, a boutique agency with a dedicated platform for publishing business news and corporate events. This collaboration aims to provide businesses, entrepreneurs, and organizations with an enhanced way to share their stories and events through Yam Agency’s engaged and diverse audience.
With VRITIMES’ advanced press release distribution technology, businesses can now directly access Yam Agency’s platform, ensuring that news about corporate milestones, events, and business innovation reaches a wider and more targeted audience.
“We are excited to partner with Yam Agency, which has established itself as a trusted source for business and event news,” said Ferry Bayu, CEO of VRITIMES. “This partnership aligns with our mission to amplify the voices of businesses and organizations by connecting them with the right audiences through impactful platforms like Yam Agency.”
Yam Agency is known for its comprehensive coverage of corporate events and business updates, offering organizations a valuable platform to showcase their initiatives. Through this collaboration, businesses can leverage VRITIMES’ technology and Yam Agency’s reach to ensure their messages are effectively communicated to their desired audiences.
This partnership underscores a shared commitment to empowering businesses by providing them with innovative tools and platforms to elevate their visibility. Together, VRITIMES and Yam Agency are poised to make a significant impact in the business and events landscape.
by | Dec 29, 2024 | Business
Explore XRP’s transformative journey in 2024, from a landmark legal victory against the SEC to remarkable price growth. Discover key developments, 2025 price predictions, and the risks and opportunities shaping XRP’s future.
The year 2024 has proven transformative for Ripple’s native token, XRP. Buoyed by a historic legal victory over the U.S. Securities and Exchange Commission (SEC) and significant technological advancements, XRP has reclaimed its position among the leading cryptocurrencies and set the stage for an intriguing future.
Below, we explore the key developments of 2024 and offer predictions for XRP’s trajectory into 2025.
Landmark Victory Against the SEC
One of the most pivotal moments in XRP’s history occurred in 2024 when Ripple successfully concluded its prolonged legal battle with the SEC. This victory not only vindicated XRP but also established a critical precedent for cryptocurrencies operating within U.S. regulatory frameworks.
The case had overshadowed XRP’s potential for years, and its resolution unlocked new opportunities for institutional and retail adoption.
XRP Price Performance in 2024
XRP’s price journey in 2024 was nothing short of remarkable. After years of stagnation, the token surged past the $2 mark—a milestone not seen since 2018. By the end of December, XRP was trading at $2.16, marking a 250% increase over the year.
At the time of writing this article on December 29, 2024, the price of XRP has decreased by 0.23% to trade at $2.1680. The decrease in the price of XRP is quite small, but the current RSI value of XRP is 44.63 so the selling trend is more dominant than the buying trend. If it stays below 50 in the long term, the XRP bearish trend is likely to occur.
However, it seems that the bearish moment of XRP will still not occur because the XRP MACD line appears to be rising with a visible range. We have to wait for the MACD line to rise above the limit line so that the bullish moment can appear.
Key factors influencing XRP’s price included:
1. Launch of RLUSD Stablecoin: Ripple introduced RLUSD, a stablecoin that enhanced the ecosystem’s functionality and appeal to institutional investors.
2. Anticipation of Regulatory Changes: The upcoming resignation of SEC Chair Gary Gensler and the appointment of Paul Atkins sparked optimism for a more crypto-friendly regulatory environment in 2025.
3. Market Momentum: XRP outperformed many top cryptocurrencies, including Bitcoin and Ethereum, achieving a 247% year-over-year growth rate.
XRP Price Forecast for Early 2025
As 2025 approaches, XRP’s price outlook remains optimistic. Analysts predict the token will maintain its upward momentum, with potential price milestones including:
1. $2.28 by December 31, 2024: Supported by favorable market sentiment and the Fear & Greed Index registering 73 (Greed).
2. $2.25 by January 24, 2025: Despite potential short-term corrections, the long-term outlook remains bullish.
3. Potential Peaks of $2.43 in January 2025: XRP may test resistance levels, driven by institutional interest and the possibility of a Ripple spot ETF approval.
Risks to Consider
While the outlook is optimistic, certain risks could hinder XRP’s progress:
1. Regulatory Uncertainty: The SEC’s potential appeal of the Ripple case remains a wildcard.
2. Market Volatility: XRP’s high price volatility—16.51% over the past month—poses inherent risks for investors.
3. Broader Market Trends: Macroeconomic factors and Bitcoin’s performance could influence XRP’s trajectory.
XRP in the Broader Crypto Ecosystem
XRP solidified its place as the #3 cryptocurrency in the Layer 1 ecosystem, commanding 3.73% of the market share with a circulating supply of 57.25 billion tokens. Despite a 5.89% annual inflation rate, XRP’s performance outpaced 87% of the top 100 cryptocurrencies.
Notable developments include:
1. Layer 1 Competition: XRP emerged as a strong contender against Ethereum and other Layer 1 solutions.
2. Investor Sentiment: With the RSI at 55.42, XRP has avoided overbought conditions, maintaining a balanced market position.
3. Institutional Adoption: Ripple’s continued focus on institutional partnerships has strengthened its use case in cross-border payments and decentralized finance (DeFi).
XRP Long-Term Price Predictions
Market analysts offer varying predictions for XRP’s price trajectory in 2025. Conservative estimates place XRP at $20-$23 per token if the total crypto market cap reaches $12 trillion and XRP captures 10-15% market dominance.
More optimistic scenarios envision XRP reaching $70, driven by:
1. Ripple’s Market Dominance: Achieving 20% dominance akin to previous cycles.
2. Global Crypto Market Growth: A projected market cap exceeding $5 trillion by year-end 2025.
Conclusion
Legal victories, technological advancements, and strategic market positioning have fueled XRP’s resurgence in 2024. As the token eyes further milestones in 2025, its future remains contingent on regulatory clarity, market conditions, and Ripple’s continued innovation.
For investors, XRP’s current positioning offers a compelling opportunity. With a solid technical foundation and a favorable macroeconomic outlook, XRP could be poised to reach new all-time highs, cementing its status as a cornerstone of the cryptocurrency market.
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