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Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the future,” a new study found. Besides the “record high” adoption rate, the study also found that 95% of respondents were aware of at least one cryptocurrency. According to a press statement, 57.3% of Australian respondents reported making a profit, and 20.5% are investing $500 or more each month, indicating strong confidence in the sector. Remarking on the survey findings, Adrian Przelozny, CEO of Independent Reserve, noted Australian users’ strong preference for bitcoin. “The findings in our sixth annual IRCI clearly show that Australia’s cryptocurrency market is coming into its own. Adoption is growing, investment strategies are evolving, and seasoned investors are seeing better profits. With a record 32.5% of Australians currently owning or having owned cryptocurrency, bitcoin remains the most popular choice, held by 70% of investors,” Przelozny stated. However, despite portraying Australians’ optimism for digital assets, the 2025 Independent Reserve Cryptocurrency Index (IRCI) survey study notes that regulatory challenges could disrupt the adoption momentum. This assertion is supported by study findings indicating that one in five users (19.3%) have reported banks either blocking or delaying cryptocurrency transactions. Meanwhile, Przelozny pointed to the return of U.S. President Donald Trump to the White House as a factor likely to help accelerate adoption of digital assets. The CEO’s assertion is backed by study findings indicating that 31% see Trump’s return as a positive for cryptocurrency. In contrast, only 8% of respondents think such a change is negative for the sector. Over the years, the growth trajectory of Australia’s cryptocurrency sector has been marked by periods of rapid expansion, influenced by global trends, technological advancements and evolving regulatory landscapes. The emergence of cryptocurrency-related investment products, such as exchange-traded funds (ETFs), is seen to further fuel market growth. According to Przelozny, the 2025 IRCI findings reflect Australia’s maturing cryptocurrency market, while the industry’s “potential to reshape the traditional financial landscape remains strong.” 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

ECB adviser dismisses Bitcoin reserves, calls it a risky and speculative asset European Central Bank (ECB) adviser Jürgen Schaaf rejected the idea of Bitcoin $BTC as a strategic reserve asset, citing its volatility, lack of economic necessity and susceptibility to manipulation, according to Cointelegraph. Schaaf argued that unlike essential reserves like oil or raw materials, Bitcoin has no fundamental economic use and would fuel speculation rather than stabilize economies. He also dismissed the possibility of central banks holding diversified crypto reserves, stating that multiple digital assets would only increase risk and volatility. His comments come as Bitcoin drops below $88,000, amid a market-wide sell-off and $1.5 billion in crypto liquidations over the past 24 hours.

The latest news regarding Bitcoin (BTC) breaking through the 800 EH/s barrier in its network has significant implications for the cryptocurrency market. This announcement comes on the heels of various bullish developments concerning Bitcoin, including its recent spike to over $105,000, fueled by market optimism surrounding pro-crypto policies proposed by the newly appointed U.S. administration under President-elect Donald Trump. **Bitcoin's Network Hashrate and Market Performance Context:** 1. **Network Health & Security**: The increase in Bitcoin's hashrate indicates a robust network, as higher hashrates contribute to greater security against attacks. This can enhance investor confidence. 2. **Price Correlation**: Typically, as hashrate rises, so does the price of Bitcoin. This could further fuel a rally, especially since Bitcoin has repeatedly hit new all-time highs recently, which has been driven by favorable market conditions and speculation about official adoption at the government level. 3. **Institutional Interest**: The news of Riot Platforms significantly increasing their Bitcoin holdings also reinforces the bullish sentiment, as large acquisitions by established companies indicate a strong belief in Bitcoin's future value. 4. **Momentum & Speculation**: The market is currently awash with speculative trading. With Bitcoin's positive trajectory and the attention it's capturing, this can lead to further retail investor enthusiasm, potentially driving the price upwards. In the previous news, Bitcoin's movement above $105,000 was attributed to multiple factors including favorable speculation regarding political shifts, further insinuating that any positive developments are likely to spur more investment and price increases. Other cryptocurrencies within the broader market also often follow Bitcoin’s lead, which can lead to an overall lift in the cryptocurrency market.

Dogecoin ( $DOGE ) is testing a historical support level. Its latest price action is $0.2289, marking a sharp 13.75% drop in the current two-week trading period. The chart, published , a structured support and resistance flip, aligning with previous accumulation zones. The significant correction from a recent high of $0.2691 suggests a retest of support, potentially setting the stage for the next move. Technical Structure and Market Implications The chart illustrates two major historical accumulation zones where DOGE has surged following consolidation. The first key support level, around $0.0025 to $0.007, facilitated an explosive rally in 2017. The second accumulation range, between $0.050 and $0.080, served as a base for the 2021 parabolic move, leading to an all-time high near $0.74. At the time of writing, DOGE is testing a similar structural retest around the $0.23 mark, aligning closely with the previous resistance-turned-support. This area was a significant price cap throughout 2022 and 2023, making its current retest crucial for determining market sentiment. A successful bounce could fuel another bullish push, whereas a breakdown below this zone may lead to further downside pressure. Historical Comparison and Sentiment Shift Dogecoin's price history shows a pattern of long-term accumulations before major surges. The 2017 cycle saw price suppression below $0.01 before a breakout, while the 2021 bull run followed a similar accumulation structure before reaching $0.74. The ongoing price action suggests that DOGE could copy its past moves, although macroeconomic conditions and market sentiment differ from previous cycles. Adding to the speculation, social media responses highlight bullish optimism, with traders pointing to a possible announcement from "House of Doge" in early March 2025 regarding major brand adoption in the U.S. This aligns with past catalysts, where institutional mentions and meme-driven momentum fueled exponential gains. Key Price Levels and Potential Scenarios With DOGE trading at $0.2289, immediate resistance sits near $0.30, representing the previous rejection zone. Given sufficient volume, breaking above this could open doors to $0.40 and beyond. However, failure to hold $0.23 support could push prices towards $0.17-$0.19, where additional buyer interest might emerge. The chart’s message is clear: history doesn’t repeat, but it often rhymes. If the current support holds firm, DOGE could be preparing for another expansion phase, drawing parallels to its prior breakouts. Meanwhile, traders will see the subsequent developments at the technical level and external news catalysts to gauge the next move.

Dogecoin ( $DOGE ) is testing a historical support level. Its latest price action is $0.2289, marking a sharp 13.75% drop in the current two-week trading period. The chart, published , a structured support and resistance flip, aligning with previous accumulation zones. The significant correction from a recent high of $0.2691 suggests a retest of support, potentially setting the stage for the next move. Technical Structure and Market Implications The chart illustrates two major historical accumulation zones where DOGE has surged following consolidation. The first key support level, around $0.0025 to $0.007, facilitated an explosive rally in 2017. The second accumulation range, between $0.050 and $0.080, served as a base for the 2021 parabolic move, leading to an all-time high near $0.74. At the time of writing, DOGE is testing a similar structural retest around the $0.23 mark, aligning closely with the previous resistance-turned-support. This area was a significant price cap throughout 2022 and 2023, making its current retest crucial for determining market sentiment. A successful bounce could fuel another bullish push, whereas a breakdown below this zone may lead to further downside pressure. Historical Comparison and Sentiment Shift Dogecoin's price history shows a pattern of long-term accumulations before major surges. The 2017 cycle saw price suppression below $0.01 before a breakout, while the 2021 bull run followed a similar accumulation structure before reaching $0.74. The ongoing price action suggests that DOGE could copy its past moves, although macroeconomic conditions and market sentiment differ from previous cycles. Adding to the speculation, social media responses highlight bullish optimism, with traders pointing to a possible announcement from "House of Doge" in early March 2025 regarding major brand adoption in the U.S. This aligns with past catalysts, where institutional mentions and meme-driven momentum fueled exponential gains. Key Price Levels and Potential Scenarios With DOGE trading at $0.2289, immediate resistance sits near $0.30, representing the previous rejection zone. Given sufficient volume, breaking above this could open doors to $0.40 and beyond. However, failure to hold $0.23 support could push prices towards $0.17-$0.19, where additional buyer interest might emerge. The chart’s message is clear: history doesn’t repeat, but it often rhymes. If the current support holds firm, DOGE could be preparing for another expansion phase, drawing parallels to its prior breakouts. Meanwhile, traders will see the subsequent developments at the technical level and external news catalysts to gauge the next move.