BTC is on continuous decline where it’s next stop ?? | Syed Omer Hussain on Binance Square

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Syed Omer Hussain

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BTC is on continuous decline where it’s next stop ??

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2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it. Proponents of the uniquely volatile commodity argue it is a valuable hedge against inflation, similar to gold. Many bitcoin enthusiasts and investors are quick to criticize government-backed currencies as prone to devaluation and say increased government buy-in will stabilize bitcoin's future price swings, give it more legitimacy and further boost an already rising price. But the risks are significant. Critics say a crypto investment is highly speculative, with so much unknown about projecting its future returns, and warn that investors should be prepared to lose money. Only a couple public pension funds have invested in cryptocurrency and a new U.S. Government Accountability Office study on 401(k) plan investments in crypto, issued in recent days, warned it has “uniquely high volatility” and that it found no standard approach for projecting the future returns of crypto. It has already been a landmark year for crypto, with bitcoin hitting $100,000, the U.S. Securities and Exchange Commission approving the first exchange-traded funds that hold bitcoin and crypto enthusiasts being cheered by Trump's promise to make the United States the “bitcoin superpower” of the world. More legislation on crypto could be coming Lawmakers in more states can expect to see bills in 2025 to make them crypto-friendly as analysts say crypto is becoming a powerful lobby, bitcoin miners build new installations and venture capitalists underwrite a growing tech sector that caters to cryptocurrencies. Meanwhile, a new crypto-friendly federal government under Trump and Congress could consider legislation from Sen. Cynthia Lummis, R-Wyoming, to create a federal bitcoin reserve on which states can piggyback.

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Will LINK’s Coinbase Partnership Spark a Bull Rally? LNEX Soars By 283% As Bonk Dips to a Critical Zone Chainlink’s partnership with Coinbase’s Project Diamond aims to deliver essential data and enable comprehensive lifecycle management of the newly tokenized assets on the platform. This move could propel an upward trend in Chainlink’s price movement, which has dipped by over 7% in a week. Similarly, Bonk’s price has dropped over 10% in a week. The price stopped at the 50-day SMA, now a key support level. Lunex Network, on the other hand, continues to enjoy a bullish outlook, surging by over 283% to $0.0046. This impressive gain has seen the project raise over $5.2 million in revenue as investors anticipate more gains before the year ends. Lunex Network Surges By Over 283% Lunex Network presale continues to create more excitement by providing exceptional privacy and security. Each transaction in Lunex Network will be safely executed on-chain without the need for personal information. This will allow traders to confidently engage in trading activities, knowing their investments are secure. However, this is not all. Lunex Network employs an aggregator protocol, procuring liquidity from many exchanges and guaranteeing optimal pricing. This function helps enhance the trading efficiency and fluidity of both seasoned and novice traders in the crypto market. It also delivers sophisticated analytics directly to data enthusiasts. By utilizing real-time data and predictive market research, Lunex Network will provide its traders with the needed skills to make the best choices. These features have already made Lunex Network stand out, with a presale revenue of over $5.2 million, the LNEX price has recorded an impressive gain, with an over 283% surge to $0.0046. Chainlink Price Prediction: Will LINK Partnership with Coinbase Lead to A Bullish Outlook? Chainlink’s collaboration with Coinbase will enable financial institutions to utilize verifiable data via LINK, enhancing their operations. This move could help Chainlink regain a bullish outlook.

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#BTCNewATH $SUI rolled back After Reaching NEW Highs M SUI pulled back without reaching the psychological level of 5.00. Instead of making a new higher high, the price formed a double top and rolled back. I anticipate that the market may pull back toward the support level around 4.00. If the price bounces off this support level or creates a trend continuation pattern, I expect the market to continue moving higher. My goal is resistance zone around 5.00

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$FET (Artificial Superintelligence Alliance) 🔹 Signal: 📈 Buy Signal 🔹 Price: $1.66 🔹 Open Position: Buy 🔹 Take Profit (TP): $1.80 📊 🔹 Stop Loss (SL): $1.55 ⚠️ 🔹 Reason: Strong momentum with a 3.64% daily change and continuous uptrend. #BURNGMT #Write2Earn! #MarketMajorComeback #BinanceSquareFamily

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XRP surges 370% post-Trump victory: What’s driving the rise? XRP has jumped an astonishing 370% since Donald Trump’s U.S. election win, far outpacing other major cryptocurrencies. Bitcoin rose just 46% during the same period, while XRP overtook Solana to become the third-largest cryptocurrency, behind only Bitcoin and Ethereum. XRP was created in 2012 as the token for the XRP Ledger, which powers Ripple’s international payment systems. Even though Ripple focuses on global payments, most of its business 95% happens outside the U.S. Ripple owns a big chunk of XRP, which has raised concerns with regulators over the years. Ripple has been in a long legal fight with the SEC (Securities and Exchange Commission). Last year, a judge ruled that XRP isn’t a security when sold to regular investors but is an unregistered security when sold to big institutions. Recently, XRP has been gaining momentum thanks to several positive developments. Edul Patel, CEO of Mudrex, noted, “XRP has gone up close to 300% in just a month, driven by growing interest in banking tokens. The recent approval of Ripple’s stablecoin - RLUSD provided another boost to XRP’s price, taking it over the $2 mark.” He added that a pro-crypto SEC chair is also expected to bring a friendlier stance to cases like Ripple’s, further boosting market sentiment. This week, XRP reached a market capitalization of $140 billion, outshining global companies like Sony ($128.6 billion), Nike ($115.57 billion), Starbucks ($112.6 billion), Spotify ($97.51 billion), PayPal ($90.23 billion), Dell ($86.75 billion), and Ferrari ($80.92 billion). The rally follows Ripple’s regulatory approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin. Ripple CEO Brad Garlinghouse celebrated the milestone on X (formerly Twitter), saying, “We have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first.”

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