Crypto & Blockchain Daily Brief Thursday, January 2, 2025

The article discusses Dogecoin's price prediction for January 1st. It begins by highlighting Dogecoin's recent surge in value, reaching an all-time high of $0.45 and surpassing its previous peak in 2018. The article suggests that the cryptocurrency's positive momentum could continue into the new year, potentially leading to further price increases. The author references technical analysis indicators to support the prediction, noting that Dogecoin's price has been steadily climbing and that it has the potential to reach new highs. However, the article also mentions the possibility of a correction or consolidation in the market, as Dogecoin's price has experienced significant volatility in the past. The article emphasizes the importance of monitoring market trends and staying informed about developments in the cryptocurrency space. It suggests that investors should exercise caution and be prepared for potential fluctuations in Dogecoin's price. Overall, the article predicts a positive outlook for Dogecoin's price on January 1st, based on its recent performance and market indicators. However, it also advises readers to be aware of the risks associated with investing in cryptocurrencies and to stay informed about market conditions.

The article discusses Dogecoin's price prediction for January 1st. Dogecoin, a cryptocurrency that started as a meme but has gained popularity and acceptance, has seen some significant price movements recently. The prediction for Dogecoin's price on January 1st is optimistic, with some analysts expecting it to reach as high as $0.25. This positive outlook is based on the overall bullish trend in the cryptocurrency market, as well as Dogecoin's potential for further adoption and use. One of the factors contributing to the positive price prediction for Dogecoin is the increasing interest from retail investors. The article mentions that retail investors have shown a growing interest in Dogecoin, which could drive up its price in the near future. Additionally, the recent surge in interest in cryptocurrencies in general, as well as Dogecoin's unique appeal and community support, are seen as factors that could contribute to its price increase. However, the article also notes that price predictions in the cryptocurrency market are inherently uncertain and volatile. Dogecoin's price could be affected by a variety of factors, including market sentiment, regulatory developments, and overall market trends. Investors are advised to exercise caution and do their own research before making any investment decisions. Overall, the article presents a positive outlook for Dogecoin's price on January 1st, with analysts expecting it to potentially reach $0.25. However, it also emphasizes the unpredictable nature of the cryptocurrency market and advises investors to be cautious.

Switzerland has registered a proposal that seeks to amend the existing legal framework to allow digital assets such as Bitcoin to be held by the Swiss National Bank. The proposal aims to update the country's monetary policy and make it more adaptable to the digital age. The move is seen as a way to keep up with the changing landscape of finance and technology. The proposal, which was submitted by Swiss parliamentarian and member of the Swiss People's Party, Thomas Aeschi, suggests that the Swiss National Bank should be allowed to hold digital assets as part of its monetary policy operations. This would enable the bank to better understand and engage with the growing digital asset market. The proposal has been registered with the Swiss Federal Chancellery and will now be reviewed by the Swiss Federal Council. If approved, it could pave the way for the Swiss National Bank to start investing in digital assets like Bitcoin. Switzerland has been known for its progressive approach to digital assets and blockchain technology, with the country being home to a number of cryptocurrency and blockchain companies. By allowing the Swiss National Bank to hold Bitcoin and other digital assets, Switzerland could further solidify its position as a leader in the digital asset space. Overall, the proposal to amend the legal framework to allow the Swiss National Bank to hold Bitcoin is seen as a positive step towards modernizing Switzerland's monetary policy and embracing the opportunities presented by digital assets.