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AMA With Glue, The Superapp To Trade Crypto Onchain Straight From Your Credit Card, This Thursday At 5pm UTC/ 12pm EST. Giveaway Information Below!
AMA With Glue, The Superapp To Trade Crypto Onchain Straight From Your Credit Card, This Thursday At 5 pm UTC/12 pm EST. Giveaway Information Below! Hello, r/cryptocurrency! We’re delighted to be back to announce the launch of the GLUE token presale and relaunch of our AlphaNet (testnet)! Since our last AMA here, the team has been cooking and released the following new updates: Our AlphaNet (testnet) is now LIVE, with big changes including our brand new Glue Quests where users will be able to complete tasks to earn Glue Points! The launch of the GLUE token sale (more details below) Our Mainnet Launch date on 1 January 2025 What’s Glue? Glue is the crypto superapp built for everyday users, designed to bring the next 100 million users on-chain. Everything on Glue is 100% on-chain, meaning that you keep 100% custody of your own assets while enjoying the flexibility and fun of on-chain yield, gaming, and more! Our Product: 🔹 The Glue Hub: A one-stop on-chain hub for trading, portfolio management, advanced analytics, and much more—all in one user-friendly interface. 🔹 Glue Blockchain: Powering the Glue Hub is our Glue chain - a substrate-based Layer 1 blockchain with 3 interconnected L2s built to scale and enable seamless interactions across the ecosystem. 🔹 Service Layer: Built into the Glue Hub is a service layer where third-party providers can offer on-chain services like accounting, insurance, and customer support. 🔹Glue Security Fund: Our Glue Security Fund supports security developments in the ecosystem, provides free neutral ecosystem audits for top projects, and aids in the recovery of stolen funds on Glue. Unlike other blockchains which take a “hands off” approach to exploits, our GSF ensures that we have the ability to go after every bad actor on Glue and keep our users safe. Ecosystem Partners: Glue is collaborating with some of the biggest names in Web3: Layer Zero, Avalanche, Ether.Fi, Eigen Layer, Moodeng, Own the Doge, Venn Network, Banxa, Acurast, Messari, and more. Our Rockstar Founders: ~Ogle~, [u/ogleFromGlue], Co-Founder, a technology entrepreneur and crypto security expert, has recovered over $450 million for 40+ crypto projects, collaborating with US Homeland Security and international law enforcement. He’s a sought-after speaker, featured at Consensus 2024 and soon at TOKEN2049. ~SnapShot~, Co-Founder, a Forbes 30 Under 30 awardee and former ad-tech executive, has driven two tech companies to over $150 million in revenue and attracted millions of users. Together, they’ve bootstrapped Glue with $1M of their own funds, raised $1.5M in seed funding, and an additional $2.6M through crowdfunding. What to Look Forward To: Alphanet Access Mainnet Launch on 1 January 2025 Prominent Partnerships Community Events Glue isn’t a pipe dream. After years of development, it’s ready to roll. So whether it’s about Alphanet Access, TGE, or Mainnet Launch, here’s your chance to ask the Glue Team your burning questions. Giveaway Information: We are offering $500 in $GLUE split between the best 15 questions asked during the AMA! The winners will be chosen based on various criteria, including the relevance and depth of the questions. The prize will be paid after the TGE. Reward Claim Deadline: 1 January Join the Conversation: 📅 Thursday, 12 December 🕟 5 pm UTC/ 12 pm EST 📍 r/CryptoCurrency See you soon! 🚀 Official Links: Website | Twitter | Telegram | Medium | YouTube | Reddit submitted by /u/stsag [link] [comments]
Happy HODLdays from Kraken!
https://preview.redd.it/s5ft6mbid86e1.jpg?width=2160&format=pjpg&auto=webp&s=2082cda209a462f7e7568a611df20d6cb432a578 Hey r/CryptoCurrency We are excited to announce Kraken’s 12 Days of Mememas competition! Join @ krakenfx on X (Twitter) for the unboxing of each memecoin, starting Dec. 9, 2024! Share memes, win memecoins New tokens daily 12k USD prize pool Two winners split 1000USD each day Want to take part on X? Get the full details here. Not on X? We’re giving $500 USD in *Bitcoin to two Redditors who give us the best Christmas-themed crypto joke in the comments below. Entry closes December 17th. Winners will receive a DM from u/krakenexchange on December 20th. Want to take part on r/cryptocurrency? Get the full details here. submitted by /u/krakenexchange [link] [comments]
You always hear about the guy who made $100K by betting $100. You never hear about those who risked thousands and are left with nothing. Out of 40,000+ coins analyzed over the past 10 years, only 1.7% delivered a 100x return!
Here’s the hard truth about investing: You always hear about the guy who made $100K by betting $100. You never hear about those who put in thousands and are left with nothing. All of us have at least once wished we had made a similar play to the one that turned $17 into ~6M. More than 2.1 million people right now are trying to find the next crypto moonshot. Even the CEO of Coinbase is touting how if someone had bought $100 Bitcoin when Coinbase was founded, it would be worth $1.5 million today. With all that’s going on, what’s the actual probability of getting a 100x return on your investment in the crypto world? What are the odds that you will lose 100% of your investment? Of the more than 40,000 coins that traded in an exchange at least once in the last 10 years, only 38% are still alive. So forget about making a profit — the probability that the coin you buy will survive over the long run is only ~ 1 in 3. Total number of coins: 40,399 | Source: Market Sentiment Research, CoinGecko What about 100’xing your investment? While there are probably hundreds (even thousands) of coins that might have 100’xed in value during their brief existence (like the Hawk Tuah coin), it’s unrealistic to expect to find them and invest in them before someone rug pulls them out of existence. To get a more realistic scenario, we kept a minimum market cap limit of $10 Million and required the coin to be present in the top 100 coins based on market cap. The backtest is simple — At the beginning of every month (starting in 2014), we check what the top 100 most popular coins were and the probability that you would have 100’xed your investment if you held on to that coin (data here). In the last 10 years, there were a total of 9,502 coins that fit our criteria. Out of these, only 442 (4.6%) grew more than 100x. This assumes that you sold at the very top. If you had held on to these coins to date, the number drops to 160. So, over the holding period, the chance that you 100’xed your investment on a coin is only 1.7%. If you remove the duplicates (as the same coin can come up in our filter in different months), of the 460 cryptocurrencies that made it into the list, only 38 (8%) grew more than 100x. If you held on till 2024, only 8 coins (1.7%) provided you with a 100x return. If you are calculating the expected value and think that you will come out ahead (given you have a ~2% chance of 100x returns), you must read our research on Kelly Criterion. For those who are determined to try to win, here are a few things to consider: Be aware of the odds — The chance of you hitting a 100x return on your meme coin investment is less than 1 in 50. To put this in perspective, it’s like picking a specific card out of a shuffled deck of cards on your first try! Spread your bets — The best way to improve your odds of winning is to survive. You can reduce your risk and improve your returns by diversifying and making smart bet sizes. submitted by /u/nobjos [link] [comments]
What is your favorite crypto coin that has great utility AND a great community?
I’m genuinely curious what are the most popular crypto projects and communities out there that check the boxes of having great utility along with a great community with bullish sentiment. This does not include bitcoin. I want to start getting involved long term in a project or two as an investor and want to see what the community thinks are some great projects (either top 100 or moonshots). I’ve done some research but there are so many it can easily become overwhelming. I’m interested in what people are saying and HODLing. submitted by /u/themindfulnow [link] [comments]
10 predictions about the Crypto market for the year 2025 from Bitwise.
Bitwise, world’s leading crypto index fund manager has published a detailed predictions report for the year 2025. They’ve made 10 ( bullish) predictions on this report: 1) Bitcoin, Ethereum, and Solana will hit new all-time highs, with Bitcoin trading above $200,000 ( ETH : 7000$ , SOL: 750$ ) 2) Bitcoin ETFs will attract more flows in 2025 than they did in 2024. 3) Coinbase will surpass Charles Schwab as the most valuable brokerage in the world, and its stock will top $700 per share. 4) 2025 will be the “Year of the Crypto IPO,” with at least five crypto unicorns going public in the U.S. 5) Tokens launched by AI agents will spearhead a memecoin mania even bigger than in 2024. 6) The number of countries holding bitcoin will double. 7) Coinbase will enter the S&P 500 and MicroStrategy will enter the Nasdaq-100, adding crypto exposure to (nearly) every U.S. investor’s portfolio. 8) The U.S. Department of Labor will relax its guidance against crypto in 401(k) plans, enabling billions of dollars to flow into crypto assets. 9) Stablecoin assets will double to $400 billion as the U.S. passes long-awaited stablecoin legislation. 10) The value of tokenized real-world assets (RWAs) will surpass $50 billion as Wall Street’s embrace of crypto intensifies. Detailed report with data & charts that shows how they’ve reached these conclusions: https://s3.us-east-1.amazonaws.com/static.bitwiseinvestments.com/Research/Bitwise-The-Year-Ahead-10-Crypto-Predictions-for-2025.pdf Opinions ? Too bullish or too conservative ? submitted by /u/Fantastic-Ad548 [link] [comments]
ALGO market cap is 3.6B, the same as in 10 April 2021. But the price is $0.44 against $1.4
Dilution is one helluva drug. Same marketcap, but almost 70% price differences. This is the market cap chart from 2021. I picked 10 April because it has the same market cap as today: https://preview.redd.it/b37e8y6db86e1.png?width=1036&format=png&auto=webp&s=9e66896afbba5ee75d33c39b26c6f30bbe17c1e3 As you see, the ALGO's market cap today is very close to that amount: https://preview.redd.it/mcogbgnrb86e1.png?width=549&format=png&auto=webp&s=6e1cefbf4a5d84d39ef1765e21b928a2603b542d To reach the same price as back then, ALGO needs to go up by 300%+ to 11.7B marketcap. Holders got dumped on by the ALGO foundation and VCs. This is the same case with a lot of other VC coins from 2021 like LDO and many others. Which is why people are avoiding the new low-float high-FDV scams this cycle. Inflation is good in moderate amount, but not this much. submitted by /u/noviwu97 [link] [comments]
Vancouver approves motion to explore Bitcoin as a reserve asset
The Vancouver City Council has approved a motion to make the city "Bitcoin-friendly." Mayor Sim advocates for the adoption of Bitcoin as a means to protect the city’s purchasing power from inflationary pressures. submitted by /u/DaRunningdead [link] [comments]
I bought $1k of the Top 10 Cryptos on January 1st, 2024 (NOV Update/Month 11/+110%)
EXPERIMENT - Tracking 2024 Top Ten Cryptocurrencies – Month Eleven - Up +110% Find the full blog post with all the tables and graphs here. The 2024 Top Ten Experiment features BTC, ETH, USDT, BNB, SOL, XRP, ADA, AVAX, DOGE, and DOT. SNAPSHOTS ALWAYS TAKEN ON FIRST OF THE MONTH (data below reflects 1 DECEMBER Snapshot). tl;dr What's this all about? I purchased $100 of each of Top 10 Cryptos in Jan. 2018, haven't sold or traded, reporting monthly for nearly 7 years on Reddit for your reading pleasure. Did the same in 2019, 2020, 2021, 2022, 2023, and 2024. Learn more about the history and rules of the Experiments (including why I would include stablecoins) here. Learn more about the features in the 2024 Top Ten Experiment here. NOVEMBER Highlights: Everything was a highlight, this was a fun report to put together. XRP and ADA owned November. Top Ten Portfolio reaches an All Time High. YTD: DOGE dethrones BNB. Last place so far in 2024 is AVAX (+6%) YTD: the 2024 Top Ten portfolio shoots past S&P500 +110% to +27%. DCA'ing once a year into Top Ten Cryptos for the last 7 years --> Top Ten +366% vs S&P500's +75%. Update on the friendly competition between Top Ten Portfolio and total market cap token AMKT: for the first time in two years, my Top Ten (+110%) pulls ahead of the Alongside Crypto Market Index Token (AMKT), which is YTD +88%. Month Eleven – Up +110% https://preview.redd.it/6myest6uw76e1.png?width=978&format=png&auto=webp&s=4429c9b5dec9a2c4313a57f73d82c225404aec51 The 2024 Top Ten Crypto Index Fund Portfolio is BTC, ETH, USDT, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT. November highlights for the 2024 Top Ten Portfolio: XRP and ADA have a very, very good month All cryptos in the positive territory YTD. DOGE rockets into first place overall, XRP is second, BTC in third. AVAX in last place The 2024 Top Ten Portfolio is up +100% in one month, +110% in 2024. November Ranking and Dropouts Here’s a look at the movement in the ranks eleven months into the 2024 Top Ten Index Fund Experiment: https://preview.redd.it/3thsg8cww76e1.png?width=333&format=png&auto=webp&s=36233f901c12211a3a4d3a1d3f364493f49643cb For such a busy year in crypto, not a ton of movement in the Top Ten in 2024. November Winners and Losers November Winners – XRP (+319%) outperformed its peers by far this month followed by ADA (+222%) and DOGE (+172%) November Losers – Although up +13%, BNB gained the least this month. Overall Update: DOGE flips BNB for first place. 100% of cryptos in positive territory. AVAX in last place. What a difference a month makes: 100% of the Top Ten are in positive territory now, up from just 60% in the green in October. Over the last few months, DOGE (+375% YTD) has been on a tear, moving from third to first since September. XRP’s strong November landed it in second place (+241%) followed distantly third place BTC (+117%). Eleven months into the 2024 Experiment AVAX is now in last place, up +6% since New Year’s Day. The initial $100 invested in first place DOGE eleven months ago is worth $475 today. Overall return on $1,000 investment since January 1st, 2024 https://preview.redd.it/1ho0yboxw76e1.png?width=303&format=png&auto=webp&s=3a2fd12cbcc9810baf34bd65a711d004d4d572fe The 2024 Top Ten Portfolio gained $987 in November. The initial $1000 investment on New Year’s Day 2024 is now worth $2,100, an All Time High for the Portfolio. Here’s a visual summary of the progress so far: https://preview.redd.it/39no93syw76e1.png?width=214&format=png&auto=webp&s=fcc21b9550edf8af30dfd9dda2e3c2e9c4f05aec 2024 Top Ten Portfolio vs. The Alongside Crypto Market Index Token (AMKT) The first Top Ten Crypto Experiment was started on 1 January 2018 in an attempt to capture the gains of the entire market, similar to the “lazy” approach of the Bogleheads in traditional markets. Much has changed over the last 7 years, including the introduction of index products designed to capture the entire crypto market (instead of manually buying coins and tokens like I do for my Experiments). Like last year, I’m running a friendly competition between The 2024 Top Ten Portfolio and The Alongside Crypto Market Index Token (AMKT). AMKT is an ERC-20 token that represents a cap weighted index of 15 Cryptocurrencies (minus stablecoins) backed 1:1 by the underlying assets represented within the index and completely onchain. Similar to the Boglehead Community, a Do Nothing Club has emerged encouraging a long-term “lazy” crypto investing approach. Since the index represents approximately 95% of the value within crypto, AMKT is an excellent proxy for the entire cryptocurrency market – exactly what my Top Ten Portfolios have been trying to recreate from the start. Here’s the question I’ll be tracking this year: would I have been better off with $1,000 of AMKT instead of going through the effort of creating a homemade $1,000 Top Ten Index Fund? On 1 January 2024, $1000 was equal to 7.2 AMKT. Eleven months into the Experiment, here’s the AMKT snapshot: https://preview.redd.it/59ks6if0x76e1.png?width=777&format=png&auto=webp&s=f77732246c255b4b3925223c7afe33b8182d80ba November Performances: The 2024 Top Ten Portfolio: +89% AMKT: +34% The November monthly victory goes to: The 2024 Top Ten Portfolio Overall since January 1st, 2024: The 2024 Top Ten Portfolio: +110% AMKT: +88% Overall lead: The 2024 Top Ten Portfolio A very interesting month for indexooors. Experiment followers may notice that this is the first month in two years that the Top Ten Portfolio has taken the overall lead from AMKT and the first month the Top Ten has held both the monthly and the overall victory columns. This is undoubtedly because of the outsized gainz of both ADA and XRP in November which are each purchased at an even distribution model (10% each) in my Experiment vs. the market cap weighted approach of AMKT. As much as I’d like to flex, I predict my outperformance will be short lived, given the data from the last two years and the fact that AMKT is coming up on its quarterly rebalancing soon. For the more visual, here’s the table I’m using to track the friendly Top Ten vs. AMKT competition this year: https://preview.redd.it/r2z6w362x76e1.png?width=823&format=png&auto=webp&s=0de3c67df1c4c31115faf8cc387e2b1681d259ff Combining the 2018, 2019, 2020, 2021, 2022, 2023, and 2024 Top Ten Crypto Portfolios So, where do we stand if we combine seven years of the Top Ten Crypto Index Fund Experiments? 2018 Top Ten Experiment: up +79% (total value $1,789) 2019 Top Ten Experiment: up +756% (total value $8,559) 2020 Top Ten Experiment: up +999% (total value $10,994) (best performing portfolio) 2021 Top Ten Experiment: up +369% (total value $4,694) 2022 Top Ten Experiment: down -1% (total value $991) (worst performing portfolio) 2023 Top Ten Experiment: up +248% (total value $3,483) 2024 Top Ten Experiment: up +110% (total value $2,100) Taking the seven portfolios together: After a $7,000 total investment in the 2018, 2019, 2020, 2021, 2022, 2023, and 2024 Top Ten Cryptocurrencies, the combined portfolios are worth $32,611 That’s up +366% on the combined portfolio. The peak for the combined Top Ten Index Fund Experiment Portfolios was November 2021’s all time high of +533%. Special shout out to the 2022 Top Ten Portfolio, which is tantalizingly close to break even point for the first time since its inception in January of 2022. Here’s the combined monthly ROI since I started tracking the metric in January 2020: https://preview.redd.it/wiazfe93x76e1.png?width=1074&format=png&auto=webp&s=e1f358e22ca6aade166a8c72d671d7361149c021 In summary: That’s a +366% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st (including stablecoins) for seven straight years. Comparison to S&P 500 I’m also tracking the S&P 500 as part of my Experiment to have a comparison point to traditional markets. https://preview.redd.it/6rn1l284x76e1.png?width=1076&format=png&auto=webp&s=63dd2b7d65fa6cf1b1eb56ab023810427143228a The S&P 500 is up +27% so far in 2024, so the initial $1k investment into crypto on New Year’s Day would be worth $1,268 had it been redirected to the S&P. Taking the same invest-$1,000-on-January-1st-of-each-year approach with the S&P 500 that I’ve been documenting through the Top Ten Crypto Experiments, the yields are the following: $1000 investment in S&P 500 on January 1st, 2018 = $2,262 today $1000 investment in S&P 500 on January 1st, 2019 = $2,413 today $1000 investment in S&P 500 on January 1st, 2020 = $1,872 today $1000 investment in S&P 500 on January 1st, 2021 = $1,610 today $1000 investment in S&P 500 on January 1st, 2022 = $1,269 today $1000 investment in S&P 500 on January 1st, 2023 = $1,575 today $1000 investment in S&P 500 on January 1st, 2024 = $1,268 today Taken together, the results for a similar approach with the S&P: After seven $1,000 investments into an S&P 500 index fund in January 2018, 2019, 2020, 2021, 2022, 2023, and 2024 my portfolio would be worth $12,269. That is up +75% since January 2018 compared to a +366% gain of the combined Top Ten Crypto Experiment Portfolios. The visual below shows a comparison on ROI between a Top Ten Crypto approach and the S&P as per the rules of the Top Ten Experiments: https://preview.redd.it/dn3iy175x76e1.png?width=1156&format=png&auto=webp&s=de99b09ee78b11d63d2ed603f255bc598d283e06 Conclusion: To the long time followers of the Top Ten Experiments, thank you for sticking around so long. For those just getting into crypto, I hope these reports will help prepare you for the highs and lows that await on your crypto adventures. Buckle up, go with the flow, think long term, and truly don’t invest what you can’t afford to lose. Most importantly, try to enjoy the ride. A reporting note: I’ll focus on 2024 Top Ten Portfolio reports + one other portfolio on a rotating basis this year, so expect two reports from me per month. November’s extended report is on the 2023 Top Ten Portfolio, which you can access here. You can check out the latest 2018 Top Ten, 2019 Top Ten, 2020 Top Ten, 2021 Top Ten, and 2022 Top Ten reports as well. submitted by /u/Joe-M-4 [link] [comments]
Daily Crypto Discussion - December 12, 2024 (GMT+0)
Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams. Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first. Useful Links: Beginner Resources Intro to r/Cryptocurrency MOONs 🌔 MOONs Wiki Page r/CryptoCurrency Discord r/CryptoCurrencyMemes Prior Daily Discussions - (Link fixed.) r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance. Finding Other Discussion Threads Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted. u/CryptoDaily- — Posts the Daily Crypto Discussion threads. u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads. u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads. u/CryptoNewsUpdates — Posts the Monthly News Summary threads. submitted by /u/CryptoDaily- [link] [comments]
I asked for it, it happened, but still did not take it.
I will make this short! I got into the crypto in 2021. Almost before every token reaches ATH. Bought a good bag of top 10 coins. During that time, I was most of the time disappointed and sad. sad, that why I got late into the crypto and wished for a crash. Well, guess what?!! That crash happened. A huge one. I was 90% down on my actual investment. I was so much under pressure and scared of that famous quote; „Crypto is going to zero“, that I forgot my previous wish. I witnessed Sol going to 10$ and BTC going to 12K. I was there! I fucking saw it! Bu did not dare to take the chance. And now?!!! And now the rest is history! A 20K worth of investment in Sol in 2023, would have been ~500k of profit, when Sol broke ATH almost a month ago! Take your chances, people! It’s is possible. You just need to take it. submitted by /u/navariani [link] [comments]
Should I transfer my crypto from crypto.com to Coinbase
Should I transfer my crypto from crypto.com to Coinbase Really new trader here, I originally got into crypto with CDC cause it seemed the best for new traders. Now that I have gone into even more research I am seeing Coinbase to be the best platform. I’ve already bought some on crypto.com and was wondering if I should now transfer all my coins to Coinbase account. Thank you for ur time and merry Christmas!🎄🎄🎄 (don’t have anything else to add to this question but needed a couple more characters to be able to post this) submitted by /u/theholydiego [link] [comments]
Not a single top 100 Alt from 2021/2022 has hit a new ATH against BTC.
An Alt to BTC pair tells how a crypto asset is performing against BTC over a period of time. Perhaps the most famous alt to btc pair is ETH to BTC and although ETH is up in USD it has never hit a new ATH against BTC. https://preview.redd.it/eyhhd1wf946e1.png?width=1208&format=png&auto=webp&s=0bc377c08596648b802ac69b4ef20f8684f55c87 In fact if you purchased ETH during the ETH to BTC ATH on June 11th 2017 you'd be up ~11X in USD on your investment. But had you bought BTC instead you'd be up over 33x... https://preview.redd.it/gh4hhi9y946e1.png?width=1671&format=png&auto=webp&s=0ceff32260d5b66321b634b363200a89a90a28a1 The fact is almost every single alt will be outperformed by BTC over time and although a few alts may break that trend especially in the short term. Holding alts through multiple cycles is risky at best and foolish at worst. If we look at the top 100 Alts from 2021, not a single alt from the top 100 in 2021 has managed to break it's 2021 or 2022 ATH against BTC. https://web.archive.org/web/20211123023737/https://www.coingecko.com/en Now you're probably thinking one of the following. So I'll preemptively address them. "Alt season is just getting started this isn't a fair comparison" "Ya But I'm up in USD on my investment" "I don't want to trade because taxes are complicated" "It's safer to hold and your grandchildren will thank you" "Stop trying to get people to sell" "I'm not a trader I make a plan and stick to it" "You're a trashy BTC Maxi" So let's break these down one by one. * "Alt Season is just getting started" BTC Dominance has definitely fallen but if you're gambling on future gains you have to first accept it's a gamble, and the current break down could be the farthest that it goes. If you have gains it's not a bad thing to realize gains. * "Ya but I'm up in USD on my investment" If that's you, you either purchased a long time ago in a bear market and held through a bull market, and a bear market - and you would most likely be up even more if you just purchased BTC. Alternatively you are a new purchaser and you got some nice gains on the breakdown of BTC dominance. If you held your ALT from 2021 to today you are guaranteed to be down significantly compared to just holding BTC. * "I don't want to trade because taxes are complicated" Ya Taxes are complicated but that only matters if you're in profit. If you hold your alt to the top and back down because "you're a long term holder", you are simply making bad investment decisions. * "It's safer to hold and your grandchildren will thank you" Please STOP with this nonsense, Long term nearly every Crypto asset will not only bleed value against BTC but also bleed value in USD. Don't believe me check the top 100 crypto assets in 2017, 2021, and 2024 and count how many assets from 2017 are still in the top 100 today. * "Stop trying to get people to sell" I'm not trying to get people to sell, I'm trying to get people to stop with the the nonsense where they demonize selling. You can hold your alt of your choice just don't reinforce the mindless selling alts is bad philosophy. * "I'm not a trader I make a plan and stick to it" It's always good to stick to a plan in investments and to think rationally but if your plan is to hold your alt for the next ten years, just buy BTC instead. * "You're a trashy BTC Maxi" I'm not a BTC Maxi I wouldn't have 98% of my crypto investments in rCC Moons if I was a BTC maxi. ----- Another not so Fun Fact only two of the top 30 crypto assets in 2021 have hit a new USD ATH since... Solana and Tron... but both are still down compared to their 2021 ALT to BTC ATHs. submitted by /u/GabeSter [link] [comments]
Vancouver City Council voted today, 4 against 2 in favor of exploring city bitcoin reserve
In a historic move, the Vancouver City Council has voted 4-2 in favor of exploring the possibility of establishing a city bitcoin reserve. The motion was introduced by Mayor Ken Sim. This decision positions Vancouver as a potential pioneer in Canada, leading the way towards becoming a major crypto-friendly city. If implemented, the bitcoin reserve could have significant implications for the city's financial future and its standing in the global cryptocurrency landscape. Citizens and cryptocurrency enthusiasts are encouraged to engage in the discussion and provide supporting evidence to bolster the case for this innovative initiative. By demonstrating public support and highlighting the potential benefits, we can accelerate the realization of Vancouver's vision as a crypto-forward city. submitted by /u/DaUmega [link] [comments]
How do I research and understand the crypto market academically?
This is a silly question and probably asked a ton, but anytime I try to research through Google all I get are a bunch of stupid videos I can tell are just made to take advantage of people,(usually with the mrbeast pog style thumbnail) paid course scams or something in-between. I want to study to make actual smart decisions without relying on other people to tell me what to do. Is there a book I can read so I can learn to analyze this shit myself? I want to make smart investments to make real money on a very low starting point. And be smart enough to not fall on pump scams. Any help with getting a deep knowledge of this stuff would be appreciated. submitted by /u/blve99 [link] [comments]
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Why It’s Not Too Late to Invest in Bitcoin
Think you’ve missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don’t need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it’s never too late to join the Bitcoin revolution.
The Golden Ratio Multiplier Mathematically Reveals Next Bitcoin Price Target
The Golden Ratio Multiplier, a Bitcoin-specific indicator created by Philip Swift, highlights $100,000 as a critical resistance level. This analysis explores how Fibonacci multiples of the 350-day moving average provide key insights into Bitcoin's price cycles, with $127,000 emerging as the next major target if this barrier is broken.
The Guatemalan Government Is Taking A Closer Look At Bitcoin — All Because Of A Meme
A Nayib Bukele Bitcoin meme posted by El Salvador’s Bitcoin Office went viral in Guatemala last month, and, from what I’m told, it’s prompted the powers that be in the country to begin doing their homework on Bitcoin so to craft better policy around the asset.
Then They Fight You: Bitcoin and the United States’ Fiscal Crossroads
In this chapter from The Satoshi Papers, Avik Roy explores the looming fiscal crisis and presents three potential responses from the United States: restriction, paralysis, or assimilation. Could Bitcoin emerge as a solution—or spark further conflict?
Will The Bitcoin Price Repeat the November 28 ATH Pattern of 2013 and 2017 in 2024?
Historically, Bitcoin has achieved all-time highs (ATH) on November 28 in both 2013 and 2017. With November 28, 2024, imminent, investors are speculating whether Bitcoin could reach the $100,000 mark on this significant date.
Bitcoin is Neither Racist, Xenophobic, nor Misogynistic: A Response to Ideological Stereotyping
Kamala Harris’s rejection of Bitcoin deprives a vital resource to those in need globally, while Trump’s ‘Number Go Up” approach, may jeopardize America's core humanitarian values, like the refugee resettlement program, and ignore Bitcoin’s potential to aid vulnerable populations globally.
Remembering John McAfee's Bullish Bitcoin Price Bet as we near $100K Milestone
As Bitcoin teeters on the brink of $100,000, we revisit John McAfee's audacious $1 million prediction, exploring whether the maverick's wild foresight was sheer madness or a stroke of genius—and if his timing was the only thing he got wrong.
Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models
Jurrien Timmer, Director of Global Macro at Fidelity Investments, recently shared Bitcoin valuation models based on adoption curves and monetary policy scenarios, offering his perspective on the asset’s maturing role as both a network and a monetary innovation.
Gary Gensler’s Departure Is No Triumph For Bitcoin
As the upcoming Trump administration is gearing up to establish a regulatory landscape facilitating full-on anything-goes multicoinery, and with Gary Gensler gone, we could well see the most atrocious scam coins proliferate and soar— before they inevitably implode.
On-Chain Data Shows The Bitcoin Price Bull Run is Far From Over
Despite Bitcoin's recent rally, on-chain data reveals the bull market still has plenty of room to grow. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest Bitcoin is far from overheated, pointing to potential for significant upside in the months ahead.
The Bitcoin Pi Cycle Top Indicator: How to Accurately Time Market Cycle Peaks
The Bitcoin Pi Cycle Top Indicator has flawlessly identified every market cycle peak in Bitcoin's history. With its unique mathematical foundation and historical accuracy, could it predict the next top as Bitcoin evolves into a more mature market?
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Riot Platforms completes $525 million notes offering to fuel Bitcoin buying
Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional investors. They include provisions for conversion into Riot’s common stock starting in 2029, with the possibility […] The post Riot Platforms completes $525 million notes offering to fuel Bitcoin buying appeared first on CryptoSlate.
Crypto startups attract $800 million in VC backing during November
Venture capital (VC) funds invested nearly $800 million in crypto startups in November, according to DefiLlama data. Despite recording the fourth-best month for funding this year, the amount was down 8% compared to the money raised in October. Infrastructure still reigns The blockchain gaming sector raised roughly $71 million in funding, while general web3 projects […] The post Crypto startups attract $800 million in VC backing during November appeared first on CryptoSlate.
Alabama state auditor calls to establish Bitcoin reserve
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space. According to Sorrell: “Crypto is no longer a […] The post Alabama state auditor calls to establish Bitcoin reserve appeared first on CryptoSlate.
Bitcoin recovers $100k price level as expectations of Fed rate cut rise
Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has fueled investor confidence, with a 98% probability now assigned to a 25 basis point rate cut by the Federal Reserve next week, potentially bringing the US […] The post Bitcoin recovers $100k price level as expectations of Fed rate cut rise appeared first on CryptoSlate.
SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme involving digital assets. The complaint names three Nigerian nationals and alleges that their actions diverted more than $2.9 million from at least 28 investors by directing them toward fraudulent platforms, then instructing […] The post SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam appeared first on CryptoSlate.
Democrat’s increase opposition to party’s anti-crypto position calling Bitcoin ‘the future’ of value
Democrat Ro Khanna, on a panel at Bitcoin MENA 2024, said being against Bitcoin is akin to rejecting other widely adopted technologies. He said Bitcoin represents freedom and cannot be ignored by a party claiming to champion the future. He noted that in places under authoritarian rule or experiencing rapid inflation, Bitcoin can serve as […] The post Democrat’s increase opposition to party’s anti-crypto position calling Bitcoin ‘the future’ of value appeared first on CryptoSlate.
Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange
Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month. Both companies announced on Dec. 10 that Thunder Bridge shareholders approved the merger during a special meeting on Dec. 5 […] The post Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange appeared first on CryptoSlate.
Hong Kong lawmaker questions government’s stance on Bitcoin amid rising global significance
Hong Kong lawmaker Johnny Ng has questioned whether the city’s government is considering Bitcoin as part of its investment strategy. He raised these views in a Dec. 11 statement, highlighting the growing global recognition of Bitcoin and its decentralized nature despite its inherent risks. The Bitcoin reserve question Ng questioned if the Hong Kong government […] The post Hong Kong lawmaker questions government’s stance on Bitcoin amid rising global significance appeared first on CryptoSlate.
Bitcoin velocity hits 12-year low as institutional demand drives up price
Velocity measures how frequently Bitcoin moves within a given period. It’s calculated by dividing the total transaction value by the average supply of Bitcoin. Higher velocity indicates heavier Bitcoin usage in transactions, while lower velocity suggests reduced activity and a growing preference for holding BTC. While velocity might sound too abstract to provide any significant […] The post Bitcoin velocity hits 12-year low as institutional demand drives up price appeared first on CryptoSlate.
Bitcoin steadies below $99,000 as US inflation data meets expectations
Bitcoin traded near $98,000 Wednesday after US November inflation data aligned with forecasts. The annual inflation rate reached 2.7%, matching consensus up 0.1%, while core inflation held at 3.3%, according to Trading Economics data. Monthly figures recorded 0.3%, slightly above last month’s 0.2%, and the Consumer Price Index stood at 315.49. Bitcoin has maintained levels […] The post Bitcoin steadies below $99,000 as US inflation data meets expectations appeared first on CryptoSlate.
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Crypto Meets Royalty: Bahrain Crown Prince Accepts 1st Crypto.com Card
Bahrain is storming the world of crypto. Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, became the first person to receive a Crypto.com card powered by Mastercard. This is the big step for both Bahrain and this upsurging digital finance sector in the region. Related Reading: Bitcoin Advocate MicroStrategy Eyes Nasdaq 100 Spotlight […]
“Most Important” Bitcoin News Coming Tomorrow, Claims Satoshi Act Fund CEO
In a series of public statements, Dennis Porter, CEO and founder of the non-profit advocacy organization Satoshi Act Fund, has raised expectations for what he describes as a landmark announcement related to Bitcoin. Speaking via the social media platform X, Porter indicated that the forthcoming development—scheduled for December 12—could mark a transformative milestone in BTC adoption, […]
Bitcoin Whale Wallets Swells: Addresses Holding More Than 100 BTC Spikes Rapidly
A remarkable shift in sentiment and activity has been spotted among Bitcoin’s large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next trajectory of BTC’s price. A Sharp Uptick In 100+ Bitcoin Addresses Recent reports from advanced investment and on-chain […]
Cardano Founder Reveals Bitcoin DeFi Roadmap For 2025
In a series of statements on X, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), outlined his plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025. The plan involves leveraging Bitcoin’s liquidity and making the project a layer-2 like network. Timeline For Bitcoin DeFi On Cardano Hoskinson […]
$SHIRO: Why the Original Might Be the Real Winner
The cryptocurrency world is no stranger to rivalries, and the battle between the two $SHIRO tokens is a prime example of how competition can shape the narrative of a meme token. On one side is @CTOShiroNeko, also known as the “OG Shiro,” which claims to be the first $SHIRO token launched on Ethereum. On the […]
Ethereum Undergoes Critical Pattern Breakout, Bull Run Officially Begins
Amid waning market momentum, Ethereum, the second-largest digital asset, is displaying a notable downswing, falling to multiple support levels. However, with recent developments cited on its chart, the altcoin might witness a major rally that could send ETH to a new all-time high in the upcoming months. Key Breakout To Drive Ethereum’s Next Big Move […]
Bitcoin Advocate MicroStrategy Eyes Nasdaq 100 Spotlight
MicroStrategy is currently in a critical juncture, as it is in the process of integrating into the Nasdaq 100 index. It is anticipated that the decision will be officially announced on December 13 and will be implemented on December 23. Related Reading: Justin Sun $119 Million Ethereum Sell-Off – Market Strategy Or Warning Sign? A […]
Meme Coins and Altcoins Follow Bitcoin, Whales Flock to Crypto-All Stars with $400K Buys
Follow the money; but in crypto, follow Bitcoin. In today’s crypto market, both are pointing up. US President-elect Donald Trump has gone on record as wanting BTC to hit $150,000 during his presidency. That declaration indicates just how bullish the current outlook is in the US and beyond. BTC grabs the attention, but behind the […]
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BNB Bulls Eye $750: Momentum Builds for a New Surge
BNB price is gaining pace above the $700 zone. The price is showing positive signs and might aim for a move above the $735 resistance. BNB price started a fresh increase from the $650 support zone. The price is now trading above $700 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $705 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $700 level to start another increase in the near term. BNB Price Starts Fresh Increase After a close above the $675 level, BNB price started a fresh increase, like Ethereum and Bitcoin. The bulls were able to pump the price above the $680 and $700 resistance levels. There was a break above a key bearish trend line with resistance at $705 on the hourly chart of the BNB/USD pair. The pair surpassed the 50% Fib retracement level of the downward move from the $761 swing high to the $650 low. The price is now trading above $700 and the 100-hourly simple moving average. If there is a fresh increase, the price could face resistance near the $720 level. It is close to the 61.8% Fib retracement level of the downward move from the $761 swing high to the $650 low. The next resistance sits near the $735 level. A clear move above the $735 zone could send the price higher. In the stated case, BNB price could test $750. A close above the $750 resistance might set the pace for a larger move toward the $762 resistance. Any more gains might call for a test of the $800 level in the near term. Another Dip? If BNB fails to clear the $735 resistance, it could start another decline. Initial support on the downside is near the $705 level. The next major support is near the $700 level. The main support sits at $675. If there is a downside break below the $675 support, the price could drop toward the $662 support. Any more losses could initiate a larger decline toward the $650 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $705 and $700. Major Resistance Levels – $735 and $750.
Dogecoin, XRP Flashing ‘Overlooked’ Bullish Signal, Santiment Reveals
The on-chain analytics firm Santiment has revealed that Dogecoin and XRP are flashing bullish signals in an often overlooked metric. Dogecoin, XRP, & Bitcoin Recently Saw A Decline In Mean Dollar Invested Age In a new post on X, Santiment has discussed the latest trend in the Mean Dollar Invested Age indicator for a few of the top coins in the cryptocurrency sector. Related Reading: Crypto Suffers $1.6 Billion Liquidations As XRP, DOGE Down 10% The “Mean Dollar Invested Age” keeps track of the average age of every dollar the holders have invested into the cryptocurrency. This metric is similar to the Mean Coin Age, an indicator that measures the average age of tokens in the entire circulating supply. The Mean Coin Age uses on-chain data to determine when every coin was last moved on the network and calculates the mean for the supply based on it. The Mean Dollar Invested Age works on the same data, except that it converts the coins to their USD value based on the price at their last movement. Now, here is a chart that shows the trend in the Mean Dollar Invested Age for five top digital assets: Bitcoin (BTC), XRP (XRP), Dogecoin (DOGE), Ethereum (ETH), and Chainlink (LINK). As displayed in the above graph, the Mean Dollar Invested Age has registered a decline for all five of these cryptocurrencies recently, but the scale of the drawdown has been quite small in the case of Ethereum and Chainlink. On the other hand, Bitcoin, XRP, and Dogecoin have witnessed a very significant decrease in the indicator. As for what it means when this metric trends down, Santiment explains: When a network’s Mean Dollar Invested Age line is moving down, it indicates that older, stagnant wallets (particularly from large key stakeholders) are circulating their dormant coins back into circulation, increasing network activity. While this suggests that the older hands are potentially participating in selling, another way to look at it could be that new capital is flowing into the market, buying up these dormant coins and bringing the average age down. Related Reading: Litecoin Not To Be Overlooked, Analytics Firm Says: Here’s Why Indeed, it seems historically, the pattern has proven to be bullish, as the analytics firm has pointed out: This is one of the key indicators throughout the history of each coin’s lifespan that helps validate that a bull market can and should continue. The 2017 and 2021 bull markets similarly did not come to a halt until assets’ mean ages started going “up” (getting older) again. Out of the three assets that have seen a sharp decline in the Mean Dollar Invested Age, Dogecoin has particularly stood out for both the scale and the speed of the drawdown; the average dollar invested into the memecoin has become 31% younger over the last eight weeks. DOGE Price At the time of writing, Dogecoin is floating around $0.403, down almost 2% in the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com
XRP Price Winning Streak: Is More Upside on The Horizon?
XRP price started a strong increase above the $2.25 resistance zone. The price is up over 10% and might aim for a move above the $2.50 resistance zone. XRP price started a fresh increase above the $2.25 zone. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.215 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.475 resistance. XRP Price Starts Fresh Increase XRP price started a decent upward move above the $2.20 level, beating Bitcoin and Ethereum. There was a move above the $2.25 and $2.30 resistance levels. During the increase, there was a break above a key bearish trend line with resistance at $2.215 on the hourly chart of the XRP/USD pair. The pair was able to surpass the 61.8% Fib retracement level of the downward wave from the $2.64 swing high to the $1.899 low. However, the bears are active below the $2.475 level. It coincides with the 76.4% Fib retracement level of the downward wave from the $2.64 swing high to the $1.899 low. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.45 level. The first major resistance is near the $2.4750 level. The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.720 in the near term. The next major hurdle for the bulls might be $2.880. Another Pullback? If XRP fails to clear the $2.475 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.080 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.280 and $2.200. Major Resistance Levels – $2.4750 and $2.6450.
Ethereum Price Preps for Breakout: Will Bulls Drive a Massive Upswing?
Ethereum price started a decent increase above the $3,650 zone. ETH is now rising and might aim for a move above the $3,900 resistance zone. Ethereum started a decent increase above $3,650 and $3,680. The price is trading below $3,750 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,850 and $3,900 resistance levels. Ethereum Price Eyes More Gains Ethereum price remained stable above $3,500 and started a fresh increase like Bitcoin. ETH was able to climb above the $3,650 and $3,720 resistance levels. There was a break above a key bearish trend line with resistance at $3,720 on the hourly chart of ETH/USD. The bulls pushed the pair above the 50% Fib retracement level of the downward wave from the $4,015 swing high to the $3,488 low. The price even spiked above the $3,800 resistance zone. Ethereum price is now trading above $3,750 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,850 level. The first major resistance is near the $3,890 level or the 76.4% Fib retracement level of the downward wave from the $4,015 swing high to the $3,488 low. The main resistance is now forming near $4,000. A clear move above the $4,000 resistance might send the price toward the $4,050 resistance. An upside break above the $4,050 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,150 resistance zone or even $4,220. Another Drop In ETH? If Ethereum fails to clear the $3,890 resistance, it could start another decline. Initial support on the downside is near the $3,800 level. The first major support sits near the $3,750 zone. A clear move below the $3,750 support might push the price toward the $3,650 support. Any more losses might send the price toward the $3,550 support level in the near term. The next key support sits at $3,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,750 Major Resistance Level – $3,890
Hidden Driver Of Bitcoin’s Rally: Coinbase Dominance Fades, Binance Takes The Lead
While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin’s market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle. Related Reading: Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025 Shifting Liquidity Dynamics And Exchange Roles In a recent post on the CryptoQuant QuickTake platform titled “Coinbase Dominance Remains Low,” Mignolet examined the trajectory of Coinbase’s influence on Bitcoin’s price movements. The analyst highlighted that while Coinbase played a crucial role in the initial stages of this year’s Bitcoin rally, its dominance has since diminished. This shift indicates a broader distribution of liquidity across the market, with Binance emerging as a significant player in sustaining the bullish momentum. Coinbase dominance remains low “However, just before the rise in September-October, Coinbase dominance actually declined and has not significantly increased even now (red box).” – By @mignoletkr More details 👇https://t.co/nmnPGuz3WK pic.twitter.com/mBSImH8MwD — CryptoQuant.com (@cryptoquant_com) December 11, 2024 Mignolet’s analysis points to a critical observation: Coinbase’s dominance in spot trading has notably declined during the second phase of Bitcoin’s current rally. His analysis revealed that Bitcoin exchange-traded funds (ETFs) were approved earlier this year, spurring a surge in Coinbase’s trading activity. This influx of liquidity was instrumental in driving Bitcoin prices upward and disrupting the traditional halving cycle expectations. However, as the rally progressed, Coinbase’s influence waned. The analyst emphasized that while Coinbase remains a pivotal source of liquidity, Binance has assumed a more prominent role in the current market phase. Mignolet wrote: Let me reiterate: I’m not saying that Coinbase liquidity is unimportant or insignificant. It’s incredibly important. What I am highlighting is that there’s an even more critical source of liquidity at play. = Binance Notably, Binance’s growing dominance suggests that liquidity flows from a wider array of participants, contributing to a somewhat decentralized and strong market structure. This redistribution could indicate broader institutional and retail interest in Bitcoin as traders and investors diversify their platforms. Bitcoin Sees Sharp Rebound Following a few days of correction dropping below the $95,000 price mark, Bitcoin has now seen a sudden rebound. Related Reading: As Bitcoin Trades Above $100K—Analysts Reveal What Could Be Next Particularly, at the time of writing, the asset has reclaimed the $100,000 price mark with a current trading price of $100,625, marking a 4% increase in its price. This increase in Bitcoin’s price has now brought the asset to a mere 3.6% decrease away from its all-time high above $103,000 established earlier this month. Featured image created with DALL-E, Chart from TradingView
Bitcoin Price Reclaims $100K: Is the Bull Run Back On?
Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone. Bitcoin started a fresh increase above the $97,500 zone. The price is trading above $98,800 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $97,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct some gains before it attempts to surpass the $102,000 resistance zone. Bitcoin Price Regains Strength Bitcoin price formed a base and started a fresh increase above the $98,000 zone. There was a move above the $98,800 and $99,200 levels. During the increase, there was a break above a key bearish trend line with resistance at $97,500 on the hourly chart of the BTC/USD pair. The pair even cleared the $100,000 level. A high was formed at $101,900 and the price is now consolidating gains. It is slowly moving lower toward the 23.6% Fib retracement level of the recent wave from the $94,314 swing low to the $101,900 high. Bitcoin price is now trading above $100,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $101,400 level. The first key resistance is near the $102,000 level. A clear move above the $102,000 resistance might send the price higher. The next key resistance could be $104,000. A close above the $104,000 resistance might send the price further higher. In the stated case, the price could rise and test the $105,000 resistance level. Any more gains might send the price toward the $108,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $102,000 resistance zone, it could start another downside correction. Immediate support on the downside is near the $100,000 level. The first major support is near the $98,200 level or the 50% Fib retracement level of the recent wave from the $94,314 swing low to the $101,900 high. The next support is now near the $97,250 zone. Any more losses might send the price toward the $95,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $100,200, followed by $98,200. Major Resistance Levels – $102,000, and $104,000.
Eric Trump’s Bold Call: Bitcoin To Soar To $1 Million In ‘Financial Revolution’
The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether’s USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency. Cornerstone Of A Financial Revolution Eric believes that Bitcoin being traded at $1 million per coin may happen soon, describing the crypto as the “cornerstone of a financial revolution.” COMMENT: Eric Trump is confident that Bitcoin will hit $1M. https://t.co/iFb5cmzpFz — BSCN (@BSCNews) December 10, 2024 Trump’s son made the fearless forecast as he talked to the attendees of the Bitcoin MENA 2024 conference in Abu Dhabi on December 9, delivering his prediction to the audience without any taint of doubt on the capability of Bitcoin to hit that milestone. “I can tell you a hell of a lot more eyes are going to be opened when Bitcoin hits $1 million. And I’m confident it’s going to hit $1 million. I think we’re all confident in this room that it’s going to hit a million,” Eric stated. According to Eric, he sees Bitcoin as a “global asset”, pointing out the global significance of the crypto in a time wherein the threat of inflation, political instability, and natural disasters is rampant. For the Trump Organization’s vice president, the future of finance is Bitcoin, arguing that the crypto is a powerful hedge against the traditional financial system’s inefficiencies because of its decentralized quality and fixed supply of 21 million coins. “Bitcoin eliminates the need for tens of thousands of bankers pushing paperwork for exorbitant fees,” he added. More Accessible Financial Tool Eric noted that what makes Bitcoin successful as a global asset is its accessibility, adding that crypto does not need intermediaries such as banks or brokers in its transactions. Trump’s son stressed the global appeal of cryptocurrency and how user-friendly is the digital asset as compared to traditional real estate investments. “Unlike real estate, Bitcoin is not tied to geography. It’s global, instantly liquid. You can buy or sell it while having dinner with your spouse,” Eric explained. Moreover, Eric emphasized that Bitcoin could empower people in developing nations. “Bitcoin gives everybody the opportunity around the world to participate in ways they never otherwise would have thought, no matter their wealth, no matter their location,” he remarked. Related Reading: HBAR To Hit $100? Analyst Points To Utility And Market Cap Potential Trump Family To Support Bitcoin Eric vowed that his father and their entire family would continue to advocate cryptocurrency, pledging they would keep on playing an essential role in the global financial landscape. He remarked that his father, Donald Trump, helped fuel the recent surge in the alpha cryptocurrency, adding that he will lead the United States into the “digital revolution.” Eric Trump said that the people, governments, and institutions who embraced Bitcoin will become the biggest winners in the digital revolution. Featured image from DALL-E, chart from TradingView
XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85
Crypto analyst Dark Defender has revealed a target to watch out for as the XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP is still bullish. XRP Price To Hit New ATH At $5.85 In an X post, Dark Defender predicted that the XRP price could reach a new ATH of $5.85 based on his ABC wave analysis. The analyst stated that XRP set the ABC wave when the crypto was at Wave A. He further noted that XRP has bounced back from the $1.88 support level. Related Reading: Dogecoin Price Prediction: Here’s What The 91-Day Pattern Says Could Happen Next With this development, the analyst is confident that the XRP price rally to $5.85 has begun. The analyst recently revealed that a bull flag appeared on XRP’s weekly chart, which showed that the crypto could reach as high as $11 by early 2025. Based on his Elliot Wave theory, the analyst had also previously predicted that the XRP market top could be around $18. In the meantime, the goal is for the XRP price to surpass its current ATH of $3.80 and reach $5.85, as Dark Defender has predicted. XRP has witnessed a price correction following its parabolic rally of over 200% last month. However, the crypto looks well primed for its next leg up. From a fundamental perspective, the XRP price boasts a bullish outlook, especially following New York’s approval of the RLUSD stablecoin. Ripple’s CEO Brad Garlinghouse confirmed that exchange and partner listings are set to follow and that RLUSD will launch soon. This development caused the price to experience a significant bounce. Meanwhile, crypto analyst TheXRPguy listed the RLUSD launch as one of the events that market participants wait for before they consider selling their coins. The stablecoin launch would inject more liquidity into the XRP ecosystem, which could spark a significant surge in the XRP price. The Stars Are Aligning For XRP In an X post, crypto analyst CrediBULL Crypto said that the stars are aligning for a massive bull run for the XRP price. He made this statement while alluding to the fact that experts predict that the US Securities and Exchange Commission (SEC) could dismiss its appeal against Ripple when the new administration comes in. Related Reading: This Analyst Correctly Predicted The Bitcoin Flash Crash To $94,000, But There’s A New Target He noted that the SEC lawsuit is the last “lone cloud” lingering above the XRP community. As such, dismissing the appeal could boost investors’ confidence in the crypto, providing a bullish outlook for the XRP price. CrediBULL Crypto suggested that XRP could reach as high as $10 in this bull run while stating that there should be more than one wave of upside remaining. At the time of writing, the XRP price is trading at around $2.34, up over 8% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
Solana Welcomes Ethereum Prodigy – Is A Price Surge On The Horizon?
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading: Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets. He clarified, “I want to get up to speed on the implementation details as soon as possible,” adding that his work might open the door for others to eventually help Solana flourish. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much of the Solana protocol as I can get to, prioritizing fee markets and consensus implementations where I… — Max Resnick (@MaxResnick1) December 9, 2024 Focus On Collaboration And Innovation Resnick’s decision was not solely about Solana’s technology; he also emphasized the important work of Anza, a Solana-focused R&D firm. He applauded Anza’s behind-the-scenes efforts, namely its contributions to network enhancements. “Those of you in Eth land may not have heard much from them, but they’ve been quietly shipping major improvements to the network over the past year,” Resnick pointed out. Resnick hasn’t completely given up Ethereum despite his transformation. Working as a Research Fellow at Consensys, he will keep providing advise and support. Resnick’s dual function suggests that he aims to cross knowledge between two important blockchain environments, therefore benefiting both communities over time. Solana Price Momentum Positive confidence has helped Solana’s market performance to progressively get better. SOL has risen 5.9%, to $225 within the past 24 hours. The altcoin has surged sharply since early November, surpassing levels of crucial resistance. SOL’s value jumped 215% during the past year, suggesting rising investor confidence. The slow rise in price suggests stronger technical structure and more market use. Analysts predict Solana’s momentum will keep on, especially with well-known people like Resnick on its development team. #Solana $SOL will hit $4,000, based on this cup and handle pattern! pic.twitter.com/dXZLI9urOh — Ali (@ali_charts) December 10, 2024 Related Reading: HBAR To Hit $100? Analyst Points To Utility And Market Cap Potential Differing Price Forecasts Still, forecasts of Solana’s eventual price vary widely. Inspired by the “cup and handle” chart pattern showing on monthly charts, crypto analyst Ali Martinez thinks SOL might reach $4,000. This optimistic framework suggests that a breach above $260 would cause exponential increase. On the other hand, asset management Bitwise has set a more conservative price target of $750, citing macroeconomic variables and broader market patterns. These divergent expectations illustrate the unpredictability in the cryptocurrency world, where optimism and caution frequently coexist. Featured image from Medium, chart from TradingView
POPCAT’s Firm Support At $1 Reignites Rally Toward New Heights
POPCAT has reignited excitement in the market as buyers stepped in at the crucial $1 support level, halting the recent pullback and fueling hopes for a renewed rally. This strategic rebound underscores the token’s resilience and growing bullish momentum, setting the stage for a potential climb toward new heights. With market sentiment shifting and technical indicators flashing promising signals, the question arises: Can POPCAT sustain this upward push and reach fresh milestones? Let’s dive into the technical indicators and market dynamics driving this pivotal moment. Technical Indicators Signal Strength: A Closer Look At POPCAT Chart The 4-hour Relative Strength Index (RSI) shows a resurgence of upside strength as the RSI signal line has successfully climbed out of the oversold zone. This recovery suggests a shift in market sentiment, with buyers gradually regaining control. Currently advancing toward the 50% mark, this movement reflects increasing optimism in the market. Should the RSI breach this midpoint, it could signal the strength of the upward momentum, setting the stage for POPCAT to rally toward key resistance levels and solidify its recovery trajectory. Related Reading: POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction Also, a closer examination of the 1-day RSI shows a noticeable reversal, as the RSI signal line is now rising toward the 50% threshold after recently dropping to 40%. Significantly, this shift also implies that selling pressure may be subsiding, with buyers starting to regain control. As the RSI indicator moves into neutral territory, the market could be poised for a trend change. If the RSI continues to climb, this could signal a strengthening bullish trend, offering POPCAT an opportunity to build momentum and challenge higher price levels. Critical Resistance Levels In Focus For New Heights As the meme coin rebounds from key support levels, the focus now shifts to the critical resistance levels that could determine its next move. POPCAT at the $1 mark has proven to be a strong foundation, but the token must overcome key resistance zones for it to reach new heights Related Reading: Solana Memecoin Market Thrives: POPCAT Reaches New Record Price Of $1.75 With technical indicators demonstrating increasing bullish momentum, POPCAT’s price is now approaching the 100-day Simple Moving Average (SMA). A move above this key indicator could spark a rally toward the $1.5 resistance level. If POPCAT successfully breaks through this resistance, it could set the stage for an extended price surge, potentially propelling the token to even higher targets. Traders will be watching closely to see if these critical levels can be surpassed, paving the way for continued upside. However, should POPCAT fail to break above the 100-day SMA, it may experience a decline, possibly heading back toward the $1 mark. A drop below this key support level could trigger a bearish continuation, with the price likely to drop to the $0.8 support level and other ranges. Featured image from Medium, chart from Tradingview.com
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Solana Unveils First AI Hackathon With Over $185,000 in Cash Prizes
The hackathon emphasizes leveraging Solana’s high-performance blockchain to support the deployment of AI agents on-chain. Solana Wants Innovative AI Agents Solana has launched its first artificial intelligence (AI) hackathon, marking a significant milestone in integrating artificial intelligence with blockchain technology. The event offers over $185,000 in cash prizes to incentivize global developers and innovators to […]
JPMorgan Hails Historic Rally as Crypto Soars in Unmatched November
November marked a historic surge in the crypto market, with total market capitalization rising by an unprecedented 45%, reaching $3.3 trillion, according to JPMorgan. “President-elect Donald Trump’s reelection triggered a historic rally and jump in market caps across the crypto ecosystem,” said the bank’s analysts, led by Kenneth Worthington. They explained that the rally bolstered […]
Crypto Myth Debunked? There’s No Evidence China Owns 194,000 Bitcoin
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it. In the piece, we noted that China might be sitting on a stash of over 190,000 bitcoins, and our report also threw in that this […]
Eric Trump Predicts $1M Bitcoin as America Welcomes Most Pro-Crypto President in History
Eric Trump confidently predicted bitcoin will surpass $1 million, crediting the “most pro-crypto president in the history of America” for spearheading a global financial revolution. Eric Trump: Bitcoin to $1M With Most Pro-Crypto President in US History Eric Trump, son of U.S. President-elect Donald Trump, confidently predicted on Dec. 10 at the Bitcoin MENA conference […]
Analyst: XRP’s Open Interest Spike Points to its Growing Appeal and Foundational Strengths
A surge in XRP’s open interest suggests continued investor interest in the cryptocurrency, according to analyst Iliya Kalchev. XRP Open Interest Leverage Driven The recent spike in XRP’s open interest suggests the number four digital asset is likely to remain “a focal point in the crypto space for the foreseeable future,” according to Iliya Kalchev, […]
Dogecoin, Pepe Prices Dip as Traders Rotate Into PEPU Meme Coin Following Successful IEO
It’s been a rough 24 hours for meme coins, with Dogecoin and Pepe both taking a beating. DOGE is down 4%, while PEPE has slipped 8%. Meanwhile, Pepe Unchained has gone against this bearish trend and made headlines with its Uniswap debut – fresh off a record-breaking presale phase that raised over $70 million. DOGE […]
Balancer Introduces Boosted Pools, Developer Tools in v3 Update; Partners With Aave
Balancer’s version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem. Balancer Unveils v3, Integrates With Aave for Enhanced Liquidity Balancer has launched its v3 platform, introducing a suite of enhancements aimed at […]
Bitcoin Surpasses $101K, Tom Lee Predicts $250K by 2025 in CNBC Interview
On Wednesday, during an interview with CNBC, Fundstrat’s Tom Lee pointed out that bitcoin offers the clearest gauge of how the Trump administration’s economic policies might fare. Lee highlighted bitcoin’s historical patterns, which “would imply $250,000 per bitcoin in 2025.” Bitcoin as America’s Strategic Asset? Tom Lee Predicts Explosive Growth Tom Lee, a leading American […]
HTX DAO’s “Confidence Journey” Kicks Off Successfully, Setting Stage for the Future
PRESS RELEASE. HTX DAO’s China tour “Confidence Journey” concluded on a high note on December 7, bringing together blockchain professionals, investors, and community enthusiasts from across the nation. The gathering celebrated HTX DAO and the leading exchange HTX’s remarkable achievements over the past year while providing insights into their strategic vision for the future. A […]
XRP Uptrend Intact—Is XRP Setting Up for Another Moonshot?
XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP’s upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.65, with […]
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BTC at $97K, HYPE has Massive Airdrop, VIRTUAL hits $1.4B FDV
BTC nears $100k again, ETH underperforms. BTC whales acquired $1.5bn BTC during dip. ETH defi TVL hits 2-year high, surges past $80bn. ETH co-founder moves $72mn ETH to Kraken. BTC ETFs inflows hit ATH in November. BTC to $132k in 2025: OKG. $13.6bn in BTC options expire Friday. HYPE hits $450m on launch, $4.5bn FDV. XRP continues to outperform majors. BTC DeFi to dominate crypto in 3 years: Hoskinson. HK central bank subsidises tokenised bond issuance. Coinbase halts USDC earn program in EU. Stablecoins to reach 10% of M2: Stan Chart. Debanking wave tied to Warren: Armstrong. Taiwan fast-tracks stricter crypto AML rules. USDX stablecoin receives $45mn in financing. Justin Sun eats banana artwork bought for $6m.
Fastex Celebrates NFT Innovation at the ftNFT YoCerebrum Awards
Malta's Fort Manoel played host to an array of NFT movers and shakers at the third edition of the ftNFT YoCerebrum Awards. Decrypt's Ben White joined the artists, creators and innovators nominated for outstanding achievements in the field of NFTs.
ETH hits 5-month High, Hong Kong set to Cut Crypto Taxes, XT Hacked!
ETH hits 5-month high, leads majors higher. ETH beta-coins lead altcoins, led by DeFi & memes. Hong Kong set to announce zero taxes on crypto. Hyperliquid to launch HYPE with $310mn drop. XT hacked, all funds withdrawn for ETH. Stablecoins hit record $190bn market cap. Base breaks 10m transactions in one day. Metaplanet set to raise $62m to buy BTC. Vancouver mayor has “BTC friendly city” plans. SOS plans $50mn BTC purchase, stock pops 40%. Metamask adds fiat on-ramp through Venmo. Celsius to distribute $127mn to creditors. Russia passes new crypto tax bill. Tether to shutter Euro stablecoin. Bitwise files for 10 crypto index ETF with SEC. 21Shares launches four new European crypto ETPs. Vitalik donates $1m to Tornado Cash defence. Ex-CFTC chair Giancarlo in running for crypto czar. GFT team doubles token size as Binance delists.
BTC Recovers, Tornado Cash avoids Sanctions, VIRTUAL hits $900M
BTC recovers after $600m liquidations. Options show BTC has 50% chance for $100k in 2024. BTC could drop lower before $100k: StanChart. Brazil congressman proposes $18bn BTC reserve. US not allowed to sanction Tornado Cash. Trump wants CFTC to lead digital asset regulation. BTC ‘could drop 20%’ if M2 correlation returns. Bitwise files for BTC & ETH mixed ETP. XRP sends another $25mn to Crypto PAC. Iran to launch digital CBDC to avoid sanctions.
BTC dips to $91K then Rebounds, Trump plans tariffs, Base szn begins, Chillguy back to $500M
BTC correction driven by long-term holders. ETH touches 4-month high then falls. UK to deliver comprehensive crypto regulation. MicroStrategy buys another $5.4bn BTC. BTC $100k is just the start: Galaxy Digital CEO. Pantera’s BTC fund does a 1000x since inception. Rumble announces $20mn BTC reserve strategy. El Salvador could rent 170 volcanoes to BTC miners. Morocco set to make crypto legal. Suriname election candidate wants BTC strategy. Justin Sun now Trump’s DeFi project’s top investor. XRP, SOL, LTC, HBAR ETFs may take a year: Bloomberg.
Bitcoin Dominance Falls, Bessent picked for Treasury, PumpFun streams Criticised
ETH/BTC begins to reverse, BTC dominance falls. Pro-crypto Bessent nominated for Treasury. BTC may reach $180k this cycle: Van Eck. CBOE to launch BTC ETF-linked options in Dec. PumpFun faces backlash on livestream content. ZA bank in Hong Kong launches crypto trading. Future of AI is agents: Salesforce CEO. Aethir to invest $100m in new crypto AI projects. Cantor Fitzgerald owns 5% of Tether. Polymarket blocks French traders. SEC commissioner to leave following Gensler. DeSci is like ‘early DeFi in 2019’. Monad rolls out testnet.
BTC nears $100K, Citron shorts MicroStrategy, REKT coins launches, MOG hits $1B
BTC nears $100k, hits new ATH again. SEC chair Gensler to step down in Jan 2025. Trump admin to form crypto advisory committee. XRP at 3-year high on Gensler exit news. MicroStrategy falls 16% as Citron shorts. SOL breaks ATH on Coinbase. B2C2 to issue its first bond on Ethereum. El Salvador BTC profits at $305mn. SEC broker-dealer rule struck down in legal win. CFPB to regulate big tech digital wallets ex. crypto. Charles Schwab to directly offer crypto to clients. Trump Media exploring crypto payment platform. FTX to start creditor repayments from Mar 2025. Circle’s USDC to launch on Aptos. WisdomTree launches XRP ETP.
BTC ATH again, Nvidia guidance underwhelms, CHILLGUY hits 110k holders
BTC new ATH again, reaches $98k. US spot BTC ETFs surpass $100bn in assets. BTC CME OI hits new ATH of $21.3bn. ETH at 4-year low vs BTC. Stablecoin inflows hit record $9.7bn this month. Trump mulls creating first crypto czar role. Bitwise files for SOL ETF. BitGo launches SGP services, eyes expansion. Shanghai court recognizes crypto as property. Former FTX CTO Wang wont go to prison. Nvidia talks up Agentic AI in results, AI coins soar. Coinbase offers 4.7% APY on USDC. Arkham launches spot trading platform in US. Japan to implement crypto tax reform.
BTC new ATH, SOL fee record, CHILLGUY hits $250M
BTC hits new ATH of $93.5k. Blackrock BTC ETF options see $1.9bn volume. Grayscale to launch BTC ETF options. SOL fees hit one day record amid memecoin frenzy. Phantom flips Chrome on app store. Saylor to pitch BTC strategy to Microsoft board. Rumble stock rises as CEO teases BTC adoption. Robinhood is best deregulation trade: Bernstein. Trump considers crypto lawyer to lead SEC. Pro-crypto Lutnick to lead commerce dept. Sky deploys stablecoin USDS on Solana. Archax to offer tokenized money market funds. Bitfinex offers tokenized T-bills in El Salvador. Coinbase to delist WBTC. MiCA compliance ignites EUR crypto M&A surge. South Korea to launch 20% crypto tax. Chainlink joins Brazil CBDC trade pilot. Injective launches AI agent platform.
BTC ETF options launch, Russia-US tensions grow, ZEREBRO hits $470M
BTC hits $92k, ‘$100k no longer a dream’. Blackrock BTC ETF options will launch today. MicroStrategy buys $4.6bn BTC, plans $1.75bn more. Binance creates stablecoin-like product at 20% APY. GS looking to spin out digital assets tech platform. California rules LIDO DAO is a General Partnership. Trump Media in talks to buy crypto exchange Bakkt. Trump meets with Coinbase CEO Armstrong. SOL hits highest ever weekly economic value. SOL co-founder Toly releases brief roadmap. SOL overtakes ETH activity on Nansen. Genius kicks off BTC treasury play with $10mn. Semler Scientific buys $17.7mn BTC. Gemini launches in France. Russia imposes 15% tax on Crypto. Judge rejects Kraken’s motion for SEC appeal. Mining profits bounce back from all time lows.
BTC Highest ever Weekly Close, Nvidia Results this week, BONK hits $5B, Solana in full send!
BTC ETFs: -$370mn, ETH ETFs: -$60mn. BTC has highest weekly close ever. Crypto total market cap hits ATH. XRP breaks $1.3 on hope for regulatory shift. Gensler likely to resign after Thanksgiving. SOL hits $250 as memecoin frenzy continues. BTC ETFs saw $1.7bn inflows last week. ETH ETFs see record weekly inflows. ETH/BTC breaks 8-year support line. Base & SOL lead crypto weekly inflows vs ETH. DOGE investors sue Elon for $248bn. Trump unlocked. Metaplanet to raise $11.3m more to buy BTC. BTC to $100k in weeks: Galaxy. BTC can hit $1-1.5m by 2030: Cathie Wood. Most of my wealth is in BTC: RFK. Tether launches MiCA compliant stablecoins. Elon blocked OpenAI’s plan to issue a token. NY to devote less resources to crypto convictions.
Crypto Gaming Has Conquered the Philippines—Here’s Why
Decrypt’s Sander Lutz and Rug Radio creator Puke Rainbow sit down with Gabby Dizon, co-founder of Yield Guild Games, to discuss the company’s upcoming summit in Manila and why the booming Web3 gaming industry is on the precipice of a major evolution.
BTC pulls back to $87K, Hawkish Powell, MOODENG hits $650M
BTC briefly hits $87k amid ETF outflows. BTC ETFs get third highest outflow since launch. BTC miners moved $4bn BTC since Nov 12. Tump wants 0% capital gains tax on crypto. Lummis proposes selling gold to buy BTC. Pennsylvania introduces BTC reserve bill. Bhutan sold $100m BTC in last month. 18 US states and DeFi Lobby sue SEC over crypto. Gensler defends crypto stance amid exit rumours. XRP at 16 month high on Gensler exit rumours. Tether launches platform to simplify tokenization. Satoshi’s BTC holdings $100bn. Bitwise files to list crypto index ETP. Bitfinex hacker sentenced to 5 years in prison. Sling Money opens ‘global venmo’ to US users. Web4 will involve ‘crypto & AGI’. S. Korea to fine Upbit for KYC violations.
BTC hits $93K, FBI raids Polymarket CEO, PEPE hits $10B
BTC hits $93k ATH, driven by strong US demand. BTC market cap $1.6T, 7th biggest global asset. BTC spot buying outpaces futures despite OI ATH. FBI raids Polymarket CEO’s home. BTC miner outflows surge to $2.2bn. BTC can run to $500k: Bitwise. $180k BTC price target this cycle: VanEck. US BTC reserve still unlikely to pass: Galaxy CEO. Blackrock expands BUIDL to 5 new blockchains. Blackrock ETF assets increase $3bn in 5 days. ETH introduces new capability for smart contracts. Pro-crypto Thune becomes senate majority leader. Moonpay introduces zero-fee fiat onboarding. Coinbase becomes no.1 finance app. Tap-to-pay coming to Coinbase wallet. Cardano Foundation BTC holdings $100mn. Tesla BTC holdings exceed $1bn. China will relax crypto policy in 2 years: Hashkey. Linea reveals plan to launch token in 2025. Crypto influencer Mirshahi found dead.