We will not be providing any investment advice, but as CZ mentioned at the Blockchain Summit in Dubai a few months ago, 2025 will be the real bull market.
Coralee Catton MwuP
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some people discuss btc will still hit around 150-200k this bullrun and Alts season is comming, is it good to invest in multiple alts for the upcoming 3-6months ?
Key reasons behind the cryptocurrency market downturn within the 24 hours:
🔘1. Impact of Federal Reserve Policy: The U.S. Federal Reserve announced on December 18 that interest rate cuts in 2025 may be more limited than previously anticipated. This statement dampened investor sentiment toward high-risk assets like cryptocurrencies, leading to a market sell-off. (Source: Bloomberg) 🔘2. Shift in Market Sentiment: The hawkish stance from the Federal Reserve increased uncertainty in the financial markets. Investors moved toward safer assets, causing outflows from risky assets, including Bitcoin and other cryptocurrencies. (Source: Reuters) 🔘3. Technical Correction: After Bitcoin surpassed the $100,000 mark, it failed to maintain its upward momentum, triggering a price pullback. Such fluctuations are common in highly speculative markets and may have been driven by profit-taking and technical resistance levels. (Source: XTB)
👁️🗨️Current Market Overview
Bitcoin’s (BTC) latest price is around $98,788, reflecting a 5.17% decline from the previous close. The intraday high was $104,170, while the low reached $96,907. $BTC $ETH $XRP
🇪🇺5. Coinbase to Delist USDT and Other Stablecoins in Europe 🇪🇺
With the upcoming implementation of Europe’s Markets in Crypto-Assets (MiCA) regulation, Coinbase has announced it will delist several stablecoins, including USDT, PAX, and PYUSD. In response to the regulatory changes, Coinbase plans to launch its first proprietary stablecoin on December 13, reflecting a strategic adjustment in its asset service offerings.
🇯🇵6. Japan to Launch Its First Crypto Credit Card in 2025🇯🇵 Japan is set to introduce its first crypto credit card in 2025, jointly issued by a local issuer and Chiitan Star. The new card will support multi-chain payments and include “pay-to-earn” incentives to attract users. The initiative aims to streamline cryptocurrency payments and increase market adoption.
Sablier has launched a new product called Flow, designed to enhance the real-time payment experience on-chain. The Flow protocol enables dynamic payment stream management, offering greater flexibility and security. It supports various use cases, including salaries, subscriptions, and rent payments, setting a new standard for on-chain payment applications.
🇦🇷8. Argentina’s President Announces Free Currency Circulation Policy for 2025🇦🇷
Javier Milei, the President of Argentina, has announced plans to implement a free currency circulation policy in 2025. This policy will allow citizens to trade using any currency of their choice, including Bitcoin, in an effort to promote economic diversification and drive financial innovation.
🇦🇪9. Crypto.com Acquires Abu Dhabi Brokerage Firm Orion Principals🇦🇪
Crypto.com has announced the acquisition of Orion Principals Limited, a brokerage firm regulated by the Abu Dhabi Global Market (ADGM). The acquisition will accelerate Crypto.com’s expansion into traditional financial services.
✅1. Cryptocurrency Fund Promotion Ads Appear on Alipay’s Homepage✅
Community users have noticed that some Alipay users in mainland China recently saw promotional ads related to cryptocurrency funds on the app’s homepage. The ad promotes “Global investment, skyrocketing cryptocurrencies, start with just 10 RMB, join now.” Upon investigation, the fund in question is HuaAn Overseas Technology C (QDII-FOF-LOF), which indirectly holds positions in Coinbase stock and the ARK Invest Bitcoin Spot ETF through a compliant investment model. Currently, daily purchase limits for users are restricted to 1,000 RMB per day.
✅2. Alipay Clarifies It Does Not Support Direct Purchase of Cryptocurrencies✅
In response to rumors that “Alipay supports cryptocurrency purchases,” Alipay issued a clarification on social media: “Seeing a banana ad on platform X doesn’t mean you can buy bananas on platform X.” This statement refutes the misconception. The truth is that the promotion involves the HuaAn Overseas Technology C Fund, which invests in Coinbase stock and Bitcoin ETFs, rather than directly purchasing cryptocurrency assets.
✅3. Vancouver City Council Passes Motion to Become a Bitcoin-Friendly City✅
The Vancouver City Council has passed a motion to explore the application of Bitcoin in the city’s financial operations, aiming to become a “Bitcoin-friendly city.” This policy is driven by international political and economic trends, with the goal of introducing innovative cryptocurrency use cases in municipal operations.
✅4. Ukraine Plans to Legalize Cryptocurrency by Early 2025✅
Ukraine is drafting legislation to legalize cryptocurrencies by Q1 2025, using a securities-based tax framework. The bill is being developed jointly by the National Bank of Ukraine and the International Monetary Fund (IMF). The objective is to complete the legislative process in Q1 2025 and promote the compliant development of the digital currency sector.
The race for crypto dominance: how the top tokens have battled it out over the last year! 🚀
From Solana to Dogecoin, this bar race chart reveals how market caps have shifted over 12 months.
The crypto market never stands still, and this year has been no different. Here’s how the top tokens by market cap have performed since November 25, 2023: