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WAIT! Bitcoin Price Hits Record High Above $69,000!
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The XRP ETF Launch Could Spark a Bull Run—Is $10 Next? XRP's chances of getting an ETF approval are improving. Because Donald Trump has shown support for a cryptocurrency-friendly atmosphere, regulatory changes are expected. An XRP ETF might drive regulatory advances as Trump vows to make the U.S. a worldwide cryptocurrency leader. Institutional investors might buy XRP via regulated ETFs if a crypto-forward SEC chairman expedites Ripple's legal fights. History shows that events like Bitcoin's ETF approval may cause enormous price spikes. Should Ripple reach this milestone, experts expect XRP to reach $4.50 by January 2025 and $10 under sustained institutional inflows and worldwide acceptance. Ripple RLUSD Approval Lifts XRP Ripple won a huge regulatory victory when the NYDFS authorized RLUSD, its stablecoin. After SEC Chairman Gary Gensler resigned, XRP has outperformed other cryptocurrencies. Ripple's regulatory victories have helped XRP's price rise 250% in the previous month. While weekly advances are slow, stablecoin approval supports ongoing growth. WisdomTree, Bitwise, and 21Shares have applied for XRP ETFs after BitBoy predicted them. XRP's $4.50 Road: Predictions and Trends Technically, XRP is strong at $2.51, up over 7% in 24 hours. The asset has a rising trendline and a solid pivot near $2.40, indicating additional increases. Resistance is at $2.65, with $2.85 and $3.05 as goals. Similar to Bitcoin's price behavior after ETF approval, XRP may rise with regulatory clarification. A break over $2.65 might push XRP to $4.50, with the ambitious $10 aim contingent on institutional acceptance and macroeconomic conditions. Key $10 Projection Drivers: Continuous XRP ETF inflows, reflecting Bitcoin's ETF growth. XRP's usefulness increases as Ripple's RLUSD acceptance grows. Favorable U.S. institutional participation rules. #RLUSDApprovalBoostXRP #BTCReclaims101K #MicroStrategyJoinsNasdaq100 #BitcoinKeyZone $XRP $BTC $ETH
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Solana Investors Stand Firm As Selling Pressure Eases Solana (SOL) has been in the headlines for several reasons in recent weeks. The cryptocurrency rose 67.69% in three weeks following November 5 to a record $263. A 15.13 percent retracement in the previous two weeks followed this price increase. However, recent investor data suggests market optimism on the fifth-largest cryptocurrency. Solana ‘New’ Investors Confident on Future In an X post on December 13, blockchain analytics startup Glassnode revealed a recent Solana investor report. Glassnode reports that Solana investors who joined the market 1-2 years ago had sold major chunks of their assets. The analytics team believes these investors purchased Solana during its 2021 bull run and took gains following the November price surge, decreasing their market share from 48% in June to below 5%. A reduction in long-term ownership might reflect reservations about an asset's future potential, but Glassnode sees these recent sales as transactional, with most investors selling before of the next bull run. The past 6-12 months' new Solana investors raised their market holdings to 24% during Solana's current price spike, absorbing most of this selling pressure. New investors' large investment at increasing prices shows confidence in Solana's long-term profitability despite its price drop. VanEck predicts Solana will be bullish in 2025. Head of Digital Assets Research Matthew Sigel and Senior Investment Analyst Patrick Bush expect the crypto market to remain optimistic in the new year. In Q1 2025, Bitcoin will reach $180,000, the first market top for digital assets. Solana might rise 124.21% to $500 with this surge. VanEck analysts predict a 30% price recorrection for Bitcoin and 60% falls for altcoins like Solana when the market consolidates in July. Solana is now trading at $227, up 0.34% today. The asset's trading volume is down 14.28% to $4.12 billion. #Solana #SOL #solonapumping $SOL $BTC $ETH
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Bullish Patterns and Higher Highs Predict 150% Shiba Inu Price Surge Bullish cues from the Shiba Inu price might lead to a 130% rise to new peaks. A crypto expert has seen a trend of rising highs, supporting his prediction of a SHIB price explosion. Shiba Inu Price Prepares For 130% Rally TradingView crypto expert Klejdi Cuni presented a thorough chart analysis showing a bullish Shiba Inu price set-up. Shiba Inu's daily highs are rising in the oval chart. For a month, Shiba Inu has encountered firm support around $0.00002424, according to the expert. This support level retest indicates an Accumulation zone, where buyers continually purchase to prevent price drop. The analyst established many upward goals on a price chart as Shiba Inu continues to rise. The chart's dramatic rising slope suggests the SHIB price might rise parabolically after breaching major resistance levels. Cuni expects Shiba Inu to rise 130% to $0.00003232 in the near-term timeframe. Shiba Inu may achieve a second objective of $0.00004167, according to the expert. Cuni expects Shiba Inu to break out to the third objective of $0.00005675 if it stays above $0.000041. Finally, the TradingView expert predicts a big jump to $0.00007012, the highest price chart goal. These optimistic price forecasts would be noteworthy for the Shiba Inu price, but it would still be significantly below the meme coin's all-time high of $0.000086. This record was set in 2021 when meme coin demand and price skyrocketed. Shiba Inu is selling at $0.000028 after falling 8% in the previous week, according to CoinMarketCap. One of the biggest gainers of this bull market was meme coin, which just rose beyond $0.00003. The analyst posted a chart on X (previously Twitter) showing Shiba Inu's pricing from May 2022 to the present. If Shiba Inu passes $0.00003285, the meme currency might explode to $0.00008852, setting a new ATH, according to the expert. #SHIB #MarketMajorComeback #BTCReclaims101K $SHIB
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Growing Institutional Interest May Cause Bitcoin ‘Demand Shocks’ In 2025 Crypto asset management company Sygnum predicts institutional investor-led ‘demand shocks’ might boost Bitcoin (BTC) prices in 2025. Alternatives may underperform owing to limited capital rotation from BTC to other cryptocurrencies. Bitcoin Should Maintain Momentum Through 2025 In Crypto Market Outlook 2025, asset management Sygnum listed many variables that might boost BTC prices next year. The crypto bull market in 2025 will be driven by institutional capital inflows, according to the analysis. The data shows a ‘multiplier effect’ from institutional inflows and Bitcoin's limited liquid supply. Each $1 billion of net inflows into spot BTC ETFs apparently raises prices by 3-6%. According to the analysis, reflexivity boosts Bitcoin's price momentum by increasing demand. Institutional inflows, the multiplier effect, and Bitcoin's reflexivity will make 2025 crucial for the cryptocurrency. After Donald Trump's November election triumph, the research stresses the need for pro-crypto regulation in the US. After the election, many anticipate a thorough regulatory framework that clarifies crypto asset classification and defines regulatory organizations' tasks. The CFTC's involvement in crypto supervision is projected to expand, and crypto laws are more likely to pass and become law. The Payment Stablecoin Act, Bitcoin Act, CBDC Anti-Surveillance Act, and other crypto self-custody, mining, and decentralized finance bills will be debated. The research expects BlackRock, Fidelity, and Morgan Stanley to increase their crypto holdings. Some portfolios enable 25% crypto investments, while most use 1-3%. BTC may also benefit from central banks and local governments putting aside cash for BTC reserves. El Salvador and Bhutan are mining and hoarding BTC as part of their economic plan. The research expects 2025 crypto ETF inflows to be ‘substantially higher’ than net inflows. SoSoValue reports $113.72 billion in US spot BTC ETF net assets as of December 11.
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Bitcoin Influences Dogecoin Market Movement As the world's biggest cryptocurrency, Bitcoin's attitude usually influences other cryptocurrencies. Except during altcoin seasons, Bitcoin inflows always coincide with other cryptocurrency inflows. Dogecoin, the largest meme currency, reflects Bitcoin sentiment. Dogecoin's price connection with Bitcoin is 0.77 out of 1 according to IntoTheBlock. This connection occasionally lingers around 0.9, particularly during rallies. Crypto expert Kevin said that Bitcoin's success strongly influences Dogecoin's price trend. Current market dynamics have Dogecoin locked between the macro golden pocket and macro 0.5 Fibonacci levels. The golden pocket in technical analysis occurs between 61.8% and 65% retracement levels. Technical analysis uses these levels as support and resistance zones, and a breach might cause a breakout. After its October and November surges, Dogecoin has failed to gain traction. Dogecoin rose almost 400% over that time, propelled by excitement before and after the US presidential election. The meme currency is presently at $0.4, indicating a decline in positive enthusiasm. Dogecoin's success is closely related to Bitcoin's market behavior, and Bitcoin's struggle to break beyond $100,000 has put a shadow over it. Kevin and other crypto specialists are hopeful about meme coin despite its price stagnation. Social media mentions are positive, and technical assessments imply Dogecoin has more to go. He said, “I see nothing telling me the cycle is over; therefore, this should head higher soon enough regardless of short-term noise.” Dogecoin is now trading at $0.404, down 3.5% in 24 hours. However, Bitcoin is down 0.8% in 24 hours to $99,800. #DOGE #ElonMusk #Dogecoin #doge⚡ $DOGE $BTC
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