How Low Can Dogecoin Go Before Rebounding? Forecasts by Experts

Dogecoin (DOGE) has lost almost 40% of its value. After trading at $0.48 on December 8, the meme-inspired cryptocurrency fell to $0.2638 on December 20, sparking speculation about its future.

The market expected three rate cuts in 2025, but the FOMC now expects two, reflecting a more cautious stance despite inflationary pressures. This change in viewpoint caused widespread selling of risky assets, including cryptocurrency.

Dogecoin has had numerous major corrections before its cycle peaks, thus the present pullback—similar to earlier 50% drawdowns—may reflect standard bull market structure rather than fundamental weakness.

In the last cycle, Dogecoin had three 50% corrections before its apex, according to Kevin. Based on historical analysis, tapping macro structural support and the macro golden pocket below would represent a 45% correction from the high, enough to continue the uptrend. If we drop $0.26 cents on a weekly close, I'll worry about this market structure, but until then this is a regular bull market pullback.”

Kevin also emphasizes Bitcoin's impact on altcoins. should assess market macro direction, he advises traders should “not be hyper focused on altcoin charts” rather than DOGE's solo chart. Bitcoin is the key asset whose price movement typically influences crypto sentiment.

Kevin shared a BTC/USDT liquidation heatmap to imply the market may wipe out lesser liquidity regions before a comeback. We can speak about a rebound once we get all that liquidity at $95K-90K. No need to overthink till then. The market is overreacting to Powell's comments rather than listening. Just because rate reduced predictions, he writes.

A successful defense of $0.26 might restart the rise and seek $0.42, which Balo considers a pivot point. Reclaiming $0.42 would enable DOGE to “teleport” toward $4, a scenario he associated with a full-scale bull run rebound.

#DOGE #BTCNextMove #MarketPullback #MarketCorrectionBuyOrHODL? $DOGE $BNB $SOL

If Floki and Bonk fall fast, may the crypto market collapse?

Meme currencies like Floki and Bonk are plummeting drastically today after the Federal Reserve gave a gloomy prognosis on inflation and how fast they aim to decrease rates next year.

As inflation is expected to remain over their 2% objective in 2025, the Federal Open Market Committee (FOMC) will lower rates twice next year instead of four times, according to the central bank chairman.

Financial markets have less liquidity with fewer rate decreases. Crypto assets are sensitive to news like the Fed's surprise monetary policy move, which is creating a huge market drop.

BONK has lost 19.2% and FLOKI 23.7% in the previous 24 hours. The CoinMarketCap market valuation of meme currencies fell from $137 billion on December 8 to $87.6 billion this morning.

This implies approximately $50 billion in market value has vanished quickly.

These two tokens have lost much more in the previous 30 days: $BONK has fallen 53.2% and FLOKI 38.8%.

FLOKI and BONK May Reach Horizontal Supports

Crypto expert Altcoin Hunter on X predicts $FLOKI ll shortly retest $0.00011, a crucial horizontal support. Short-term selling would halt at this stage.

BONK might retest $0.000017 or bounce off the chart's trend line.

Most meme currencies like BONK and FLOKI were destined for a dip as their recent vertical upswings proved unsustainable. However, the Federal Reserve's surprise statements may have worsened this weakening by surprising market players.

For now, the market is processing the news and maybe fretting over nothing. The decrease of over 30% for various meme currencies in the last 30 days warrants the term crash.

All of these assets have performed well YTD. BONK has up 92.9% since the year began, while FLOKI has risen 336.4%.

#BONK #FLOKI #BTCNextMove #MarketPullback

Bitcoin Could Reach $200,000 By Mid-2025 After ‘Mild’ Price Pullbacks

In a December 17 research, Bitfinex experts said increased institutional adoption of Bitcoin (BTC) and optimistic technical indications might boost the top cryptocurrency above $200,000 by mid-2025. The research expects 2025 price revisions to be ‘remain mild.’

Bitcoin pullbacks could be mild in 2025

Bitcoin reached the psychological $100,000 price milestone this month, bringing its market worth to little over $2 trillion. However, the newest Bitfinex Alpha research suggests BTC has tremendous growth potential until 2025.

We expect minor 2025 corrections due to institutional inflows. The strongest rallies have occurred post-halving. Minimum price projections by mid-2025 are $145,000, rising to $200,000 under favorable circumstances.

Indeed, institutional Bitcoin ETF inflows have risen steadily, notably following Donald Trump's November election victory. A recent investigation found that US spot ETFs contain more BTC than Satoshi Nakamoto's wallet.

The research predicts long-term bullishness but warns of Q1 2025 price turbulence. These setbacks should be minor and brief. Each Bitcoin halving cycle has seen smaller price adjustments, according to the report:

Previous cycles saw relatively confined declines before mean reversion to new ATHs once Bitcoin entered price discovery after a halving. In 2017, the greatest adjustment was 33.2 percent; in 2020, 27.1 percent.

The possibility of a US strategic Bitcoin reserve is unique to this Bitcoin cycle. Blockstream CEO Adam Back says a reserve may push Bitcoin values into the seven-figure area.

Bitwise's Chief Investment Officer, Matt Hougan, said a strategic BTC reserve could boost the asset's price to $500,000. Experts fear that if the US creates a BTC reserve, other governments would follow, producing a domino effect that might drive up prices.

In related developments, Satoshi Hamada proposed a strategic BTC reserve for Japan. BTC is down 3.7% in 24 hours to $103,953 at press time.

#BTCNextMove #MarketPullback $BTC $ETH $BNB

Bitcoin Falls 15% Below Record High Amid Market Uncertainty

Bitcoin (BTC) has fallen 15% from its all-time high of $108,000, the biggest decline since November's presidential election. Coin Metrics shows the biggest cryptocurrency trading at $92,808.07 at 6:57 a.m. ET on Friday, down roughly 9% from the previous day.

Long-Term Holders Sell as Short-Term Demand Falls

Long-term holders (LTHs) have sold into price strength, causing the latest price drop. LTH holdings dropped to 13.2 million BTC from 14.2 million in mid-September, according to Glassnode. LTHs sold approximately 70,000 BTC on Thursday, the fourth-largest single-day sell-off of the year.

Short-term holdings (STHs), who buy during market troughs, have bought 1.3 million BTC. STH demand hasn't kept pace with LTH selling pressure, causing the price drop.

Recent Federal Reserve predictions of fewer interest rate reduction in 2024 have knocked on risk assets, including cryptocurrencies. Equities fell, and pessimistic mood spread to crypto.

The futures market for Bitcoin showed declining demand. The annualized premium on CME's one-month futures dipped below 10%, indicating a drop in short-term betting.

ETF Outflows Indicate Institutional Decline

Investors pulled $671.9 million from U.S.-listed spot bitcoin ETFs on Thursday, a record. This ended a 15-day inflow trend and was the greatest single-day outflow since these funds began. The biggest withdrawals were $208.5 million from Fidelity's FBTC and $188.6 million from Grayscale's GBTC.

Ethereum and Crypto Market Trends

Ether (ETH) had its first net outflow of $60.5 million since November 21. Since the Fed's statement, ether has plummeted 20% to below $4,100.

Current market dynamics emphasize the necessity of watching holder behavior, exchange balances, and derivatives data for price moves in the next days.

#BTCNextMove #MarketPullback #MarketCorrectionBuyOrHODL? $BTC $ETH $XRP

The last bullish wave, according to SUI, should break over $5

The coin's value increased by almost 900% since our last video blog post regarding SUI. Consequently, we will examine the Elliott Wave Structure everyday and describe the present cycle structure.

Starting in August 2024, SUI formed an impulsive five-wave structure to the upside inside wave (3), which led to the latest daily surge. It also ended the cycle at almost $4.7, which is close to the 1.618 Fibonacci extension region. It is anticipated that the currency will complete its fourth swing backward before beginning a fifth swing to the upside. The coin is now exhibiting three swings from all-time lows.

Wave 4's current drop is aiming for the $3.7–$3.1 range, which is also the 23.6%–38.2% Fibonacci retracement of the whole advance, and the short-term extreme equal legs area. As a result, SUI will re-establish its purchasing power and then resume its ascent inside wave (5), aiming to set new records and surpass $5.

Finally, the daily structure of SUI is still positive, and the present retreat will find support in 3, 7, or 11 swings. After that, there will be one more push to the upside, and then the whole 5 waves advance will cease, and a greater 3 waves correction will begin.

#GrayscaleSUITrust #BTCNextMove #MarketCorrectionBuyOrHODL? #MarketPullback $SUI $USUAL $MOVE

Bitcoin Weekly Forecast: BTC drops below $95,000 as spot ETFs see largest daily outflow since inception

Bitcoin (BTC) fell below $95,000 on Friday, heading for its lowest week since August. This latest market fall was spurred by the Fed's aggressive rate-cut announcement on Wednesday and the greatest single-day outflow ($671.90) from Bitcoin US spot ETFs on Thursday. Technical indicators show the pullback will continue to $90,000.

Early indicators of Bitcoin institutional demand weakening
Bitcoin hit a record high of $108,353 on Tuesday but fell more than 8% till Thursday. It dropped below $95,000 on Friday.

Institutional demand weakened this week. Coinglass reported three days of $759.4 in Bitcoin Spot Exchange Traded Funds (ETF) inflows till Wednesday, then a $671.90 million outflow on Thursday. This outflow ended a string of inflows since November 27 and was the greatest single-day outflow since Bitcoin's spot ETFs launched in January.

“If I'm a trader and I see those ETF inflows start to slow down, I'd say we'll have some weakness,” Messari CEO Eric Turner told FXStreet in an exclusive interview.

Turner said ETF volumes would be noteworthy since ETFs are a fresh source of money that smooths Bitcoin's volatility.

Pressure from macro factors deepens Bitcoin downturn.
After Wednesday's FOMC meeting, the US Federal Reserve (Fed) slashed rates hawkishly, causing bitcoin prices to fall this week. The Fed decreased the federal funds rate to 4.25% to 4.50% as predicted but projected a slowing in rate decreases in 2025, lowering riskier assets like Bitcoin.

According to CoinGlass, nearly $1.68 billion in total liquidations and $371.51 million in BTC occurred after Bitcoin's price fall on Wednesday and Thursday.

Apart from this hawkish prediction, Fed Chair Jerome Powell declared the Fed “is not allowed to own Bitcoin.” Powell said that the Fed cannot acquire Bitcoin and has no plans to change this stance, which hurt the cryptocurrency.

#BTCNextMove #USJoblessClaimsFall #MarketCorrectionBuyOrHODL? #MarketPullback $BTC $ETH $XRP

BNB Price Expects $1000 Rally as Osprey Trust Drives Institutional Interest

Powell's hawkish statement on Wednesday boosted bitcoin selling pressure. Bitcoin fell below $100k while other major cryptocurrencies, including Binance coin, corrected. A bullish reversal pattern and the newly announced Osprey BNB Chain Trust suggest a strong return for BNB.

The Binance coin price is $668, down 3.7% in 24 hours, according to CoinGecko. Trading volume fluctuates at $2.5 Billion, while the asset's market valuation remains $100.12 Billion.

The new Osprey BNB Chain Trust should boost institutional and retail Binance currency demand.

Inverted head and shoulder reversal pattern completes in BNB price on weekly chart.

As the neckline of the InH&S pattern, $690 supports buyers to maintain the uptrend.

Osprey Funds Founds First US-Listed BNB Trust

The OTCQX Best Market currently lists the Osprey BNB Chain Trust, launched by Osprey Funds, LLC. The first publicly traded US fund based on BNB, the native cryptocurrency of the BNB Chain ecosystem, is a milestone.

The move reflects institutional interest in blockchain-based assets and BNB's rising financial sector presence. For BNB exposure without token ownership, the trust provides a structured investment mechanism.

Trust attracting more people and investment confidence would boost BNB price demand.

BNB Price Reversal Rally Targets $1200
The Binance currency has failed to stay above $760 for two weeks, causing sideways activity on the daily chart. BNB fell to $687, challenging support at the neckline of an inverted head and shoulders (InH&S) pattern as Bitcoin prepares to breach $100,000.

The BNB price accumulated from May 2021 due to the InH&S pattern until November, when it broke out.

If the pattern holds, the correction is retesting the violated trendline as support to rekindle bullish momentum. According to the pattern's technical forecasts, the neckline-bottom support distance predicts a rally goal of $1,200, a 72% increase from present levels.

#BNB #BinanceAlphaAlert #BTCNextMove #MarketPullback $BNB $BTC $ETH

Crypto liquidations reach $1.2B

Bitcoin's (BTC) rapid drop has caused one of the market's largest crypto liquidation events in recent weeks. Coinglass data shows that at least 377 traders were significantly harmed by market instability, emphasizing the hazards of heavily leveraged holdings. Crypto liquidations topped $1 billion today.

Crypto Liquidations: Bitcoin Leads

In 24 hours, crypto liquidations totaled $1.04 billion. Bitcoin was the main cause of the losses at $249.20 million. Short Bitcoin positions liquidated $57.63 million and long ones $191.57 million.

With $211.95 million in liquidations, Ethereum (ETH) also sold down. Long Ethereum liquidations totaled $185.37 million and short liquidations $26.58 million.

Bitcoin's price changes rippled across other significant cryptocurrencies. Coinglass data shows $40.63 million in liquidations for Ripple's XRP, $39.41 million for Solana, $61.21 million for Dogecoin (DOGE), and $9.92 million for Cardano (ADA).

Bitcoin Price Action As Crypto Market Falls

Bitcoin declined 3.53% in 24 hours after reaching a record high of $108,000 earlier in the week. The high was $102,748.15 and the low was $95,587.68.

Thursday's Ethereum price fell 7.03% to $3,421.50. Others were XRP falling 3.46% to $2.27 and Solana down 8.76% to $191.48.

The wider market fell when the Federal Reserve cut interest rates by 0.25% on December 18. The news was followed by a speech by Federal Reserve Chairman Jerome Powell that many saw as negative for Bitcoin.

Powell said that the U.S. will not modify legislation to enable the Federal Reserve to retain Bitcoin as a strategic reserve asset. This statement increased market anxiety and sector selloffs.

#MarketCorrectionBuyOrHODL? #USJoblessClaimsFall #FranklinCryptoETF #FullMarketBullRun $BTC $ETH $XRP

Dogecoin Can Rebound As RSI Oversold Near $0.3566

Dogecoin is nearing a key point around $0.3566, with the RSI showing oversold circumstances. This shows that the asset may be undervalued after the current sell-off, allowing a comeback.

Whether the bulls can use this chance to rebound is doubtful. With the market tired, $0.3563 is a key level. Dogecoin's next big rise may depend on the price's next few sessions.

DOGE's resilience at the 100-day SMA suggests bulls are trying to retake control. As the price structure changes, momentum is crucial to confirm a positive breakout. Market emotion and trade dynamics will likely impact the following moves.

DOGE is in the oversold zone with an RSI of 30%. Dogecoin may have been undervalued due to selling pressure, according to this technical indicator. RSI readings below 30% usually signal buyers to reenter the market and recover.

This does not ensure a fast rebound, but it suggests a reversal in the following sessions, particularly if other positive indications match. The RSI rising shortly might indicate a change in emotion and momentum, so traders are watching. With price activity reaching important support levels, the RSI's posture may influence Dogecoin's upcoming moves.

Dogecoin Rebound or Rally?

DOGE's price behavior suggests a comeback or a rally continuation. Given the oversold RSI signal at $0.3563, bulls might force the price higher to capitalize on discounted circumstances. DOGE may test resistance at $0.4484 and resume its upward trend if it recovers.

If negative pressure continues, the cryptocurrency may struggle to restore bullish control and fall toward $0.1800. Dogecoin's direction will be determined by support and resistance levels in the next trading sessions.

#DOGE #ElonMusk #Fed25bpRateCut $BTC $BNB $DOGE

Ethena Price to Reach $1.5? Whale Activity and Boom Significance

As Bitcoin fell below $100k on Thursday, December 19, the crypto market saw another selling wave. Powell's hawkish statement on Wednesday accelerated negative momentum in most major cryptocurrencies, starting this corrective phase. The Ethena price, which lately received market attention, may rebound quickly due to whale buying and reversal setup.

ENA is trading at $0.94, down 12.4% intraday. Its market worth is $2.77 billion, and its 24-hour trading volume is $1.22 billion, according to Coingecko.

Key Highlights:

The big ENA recovery trend is driven by a rounded bottom.

Ethereum price correction support may be $0.88 or $0.76, near to 38.2% and 50% Fibonacci retracement levels.

Positive crossing from the 100- and 200-day exponential moving average might boost bullish momentum and price reversal.

Whales Buy Millions in Tokens, Boosting ENA Futures Open Interest

Whales are buying Ethena (ENA) due to Trump's World Liberty Financial's ties to it.

In 48 hours, a whale opened a new wallet and withdrew 8 million ENA, worth $9.2 million, from Binance. Lookonchain data shows increasing whale activity and token interest.

ENA Whale Buying|Lookonchain

In the last two months, ENA futures open interest has increased 317% from $157 Million to $650 Million. The substantial surge in OI data indicates heightened speculative activity and market involvement, indicating traders are ready for big price volatility.

Futures ENA Open Interest

Ethena Price Correction Sets Up Rounding Bottom
Ethena fell 28% from $1.33 to $0.94 in a four-day correction. Regarding ENA coin performance in November and early December, the current downturn may help purchasers regain positive momentum.

Altcoins trading over 38.2% FIB and important daily EMAs (50, 100, and 200) signal a bullish trend.

A daily chart shows Ethena's price recovering in a U-shaped pattern, suggesting a rounded bottom. A significant bottom trend indicates a smooth shift from decline to accumulation and recovery on the chart.

#ENA #Ethena $ENA

As long-term holders earn $2.1 billion, Bitcoin's trajectory resembles prior cycles

According to Glassnode's weekly analysis, Bitcoin's trend is comparable to prior cycles.

Bitcoin's run to $100K generated $2.1 billion in gains for long-term investors.

Six-month-to-one-year tokens have seen the biggest sell-side pressure this year.

Glassnode's Week on Chain study showed parallels between the Bitcoin boom and prior cycles in shifting markets. Long-term investors distributed $100K tokens, resulting in a record $2.1 billion in earnings.

Bitcoin rose past $100K in 2024, returning almost 130%.

Despite market changes, blockchain analytics startup Glassnode's weekly analysis compares Bitcoin's price performance to the 2015-2018 and 2018-2021 cycles.

Like prior cycles, persistent price rises have been accompanied by selling pressure, although at a slower rate. Prices plunged 32% below their high on August 5, 2024, the worst downturn in this cycle.

This cycle has been Bitcoin's least volatile since inception. "The majority of drawdowns have only seen the price fall -25% below the local high, masking this is one of the least volatile cycles to date," Glassnode.

Demand from institutional interest and spot Bitcoin ETFs may have lessened volatility.

High demand has helped Bitcoin rise beyond $100K despite long-term holders making $2.1 billion every day.

"If we adopt a simplified assumption that every seller is matched with a buyer, this observation provides some insight into the strength of the demand side, who, by contrast, has provided an estimated $2.1B of fresh capital into the market."

Glassnode researchers noted that LTH profit-taking in the last month exceeds levels seen earlier this year when Bitcoin hit a record $73,000 in March.

Although LTHs are taking big profits, experts say much of Bitcoin's current sell-side pressure is coming from new market participants, especially those who bought Bitcoin within six months to a year. This cohort's $27.3 billion gains account for 38.5% of sell-side pressure.

#FullMarketBullRun #BTC #MarketPullback $BTC $ETH

Will Pepe Coin Drop Below $0.00001? Whale Sale Starts Fear

The U.S. Fed's 25 Bps rate drop sparked a second-half December cryptocurrency market slump. Meme currencies are volatile and susceptible to speculative trading, therefore negative momentum affected them more. Whale selling and bearish pattern building might cause a $0.00001 Pepe coin price meltdown.

According to CoinMarketcap , the meme market value is $105 billion and the 24-hour trading volume is $28 billion.

Key Highlights:

Double-top patterns might cause protracted corrections below $0.00001.

Crypto investors look for pullback support between $0.000017 and $0.0000128, the 100- and 200-day exponential moving averages.

Bearish Relative Strength Index divergence suggests Pepe coin price weakness.

PEPE Coin Price Decline May Follow Whale Exit

A notable whale shifted 150 billion PEPE tokens, worth $2.72 million, into Binance to avoid losses during a market drop. This follows the whale's November 28 withdrawal of 150 billion PEPE ($2.94 million) and 60 billion SHIB ($1.52 million) from Binance.

Lookonchain data shows the whale has unrealized losses of $219,000 on PEPE and $136,000 on SHIB. If PEPE keeps falling, the whale may sell more. Whale exits have often accompanied market declines and gloomy sentiment.

Bitcoin fell below $100k after Powell's hardline speech, intensifying the altcoin market downturn. In the previous 48 hours, the frog-themed Pepe dropped 22% from $0.000022 to $0.0000174.

A daily chart study of this correction indicates a double top reversal pattern. The chart pattern has two big reversals from the common resistance zone, forming a ‘M’.

A lower-high RSI indicator as the price peaks indicates a bearish divergence, indicating a loss of bullish power.

This position might cause the Pepe coin price to break the neckline support of $0.0000172, increasing market selling pressure. The asset may plunge 55% to $0.0000077 after the breakup.

#PEPE #Fed25bpRateCut #MarketPullback #BinanceAlphaAlert $PEPE $SHIB $DOGE

A new managing director has been appointed to the Sui Foundation by Christian Thompson

Christian Thompson is the new managing director of Sui Foundation.

"Mainstream adoption of decentralized technology has never been more obtainable," said Raoul Pal, CEO of Real Vision and a Sui Foundation Board Member, in a statement released Thursday. The next billion people to use cryptocurrency will likely start with Sui, in my opinion. Christian will have the power to make that dream a reality in his role as managing director of the Sui Foundation.

In a statement, Meta claimed that Thompson was a "early member" of the blockchain Diem project, which ultimately failed. Prior to that, Thompson worked at Mysten Labs. Evan Cheng, co-founder of Mysten Labs and a former employee of Meta, is the primary creator of the Sui network.

Thompson takes over for Greg Siourounis, who has been with the Sui Foundation from its start in 2023 and has been the managing director.

Read today's top stories and commentary on the digital asset ecosystem to set the tone for the day.

"In less than two years, due to its scalable and accessible design, Sui has grown into a top destination for millions of crypto users," Thompson pointed out. We are at a crossroads where billions more people will be able to enjoy web3's advantages... Engaging developers, expanding the community, and presenting Sui as the portal to the digital future of the globe are all things I eagerly anticipate.

An alternative to Ethereum and Solana, Sui is a proof-of-stake Layer 1 blockchain.

#GrayscaleSUITrust #MarketCorrectionBuyOrHODL? #FullMarketBullRun #MarketPullback $SUI $BTC $ETH

Bitcoin, Ethereum Fall After Powell Speech

Bitcoin and Ethereum are falling after Federal Reserve Chairman Jerome Powell said in a speech that the Fed is not contemplating Bitcoin and cannot acquire it.

The Federal Reserve lowered the federal funds rate by 25 basis points to 4.25%–4.5% yesterday. Chairman Powell said after the rate decrease, stating, “The US economy is growing at a healthy 2.5% pace, unemployment is low, but the inflation forecast is higher, and there is uncertainty.”

Fed Chair Powell Skips Bitcoin Reserve Talks:
When questioned about Bitcoin reserves, Powell said, “We can’t own Bitcoin. We don't want much change. Congress should examine that.”

After Powell's hawkish speech, Bitcoin went below $100,000, down 5% in 24 hours, while several altcoins plunged more than 10%. In 24 hours, $709 million was liquidated, including $612 million in long orders.

Bitcoin and Ethereum plummeted after Powell's speech. Bitcoin has fallen 4.23% to $100,671 after hitting an all-time high of $108,239 on December 17. Bitcoin's 24-hour trading volume rose 42% to $99.52 billion, while its market worth declined 3.87% to $1.99 trillion.

Ethereum also experienced ripples. After falling 5.10% yesterday, Ethereum is presently $3,659. Its market worth fell 5.22% to $440.81 billion. Ethereum's 24-hour trading volume rose 49.27% to $52.45 billion.

Several cryptocurrencies plunged more than 10% after Powell's aggressive remarks. In 24 hours, $709 million was liquidated, including $612 million in long orders.

Powell also said that although the job market is cooling, the Fed does not think further cooling is needed to lower inflation. He stressed that labor market conditions are robust, albeit less tight than in 2019, and that unemployment has risen but remains low.

#FranklinCryptoETF #BTC #ETH #FullMarketBullRun #Fed25bpRateCut $BTC $ETH

Binance Alpha's First 5 Tokens: KOMA, CHEEMS, APX, ai16z, AIXBT

First five projects on Binance Alpha: KOMA, CHEEMS, APX, ai16z, AIXBT.

Later today, the site will feature 5 tokens: 3 on Ethereum, 1 on BNB Chain, and 1 on Solana.

New Binance platform highlighting exceptional Web3 applications launched today with five coins. Five early-stage startups on Binance Alpha are worth watching.

First 5 Binance Alpha Tokens
The first five Binance Alpha tokens are:

1. KOMA INU

KOMA's price rose almost 5% when Binance Alpha listed it. KOMA rose from $0.1 to approximately $0.13 before falling to $0.11.

BNB token KOMA is dog-themed. To start the month, the project revealed that KOMA is the first memecoin to create its website 100% on-chain.

2. Cheems

After listing on Binance Alpha, Cheems' market value rose from $189 million to approximately $204 million. After the increase, CHEEMS' market worth decreased to $180 million then rose to $191 million.

Cheems is a BNB Chain currency referencing the legendary Shiba Inu. BNB Chain announced $50,000 in BNB liquidity to CHEEMS and HMC yesterday.

October's $100,000 USD donation to local animal shelters by Cheems was significant.

3. APX

APX rose over 7% today after debuting on Binance Alpha. The coin's market worth rose from $98 million to over $103 million, then plummeted to $81 million before reversing about $96 million.

APX Finance is a decentralized BNB Chain crypto derivatives exchange. Two days earlier, APX reported $340.9 billion in trading activity, including $743 million in the prior week.

4. ai16z

After debuting on Binance Alpha, ai16z's market value rose from $8067 million to $930 million. Coin prices rose over 6% today to $0.85.

5. AIXBT via Virtuals

Over 11% rose in AIXBT today. The coin's market worth rose from $200 million to $245 million before falling to $231 million.

#BinanceAlphaAlert #FullMarketBullRun #MarketCorrectionBuyOrHODL? $BTC $ETH $BNB

Hedera: A Verifiable AI Computer from NVIDIA and Intel

In order to meet the requirements of the European Union's artificial intelligence rules, some sources have indicated that industry leaders Intel and NVIDIA would include the Hedera blockchain, also known as a hashgraph, into their chip production processes going forward.

EQTY Lab, Intel, and NVIDIA have launched Verifiable Compute, a hardware-based solution that aims to improve AI systems' trustworthiness and verification capabilities.

For completely unhackable and traceable AI data and calculations, the idea puts faith in the silicon of next-gen hardware.

🚨NEWS FLASH: As a result of EU AI laws, it is quite probable that NVIDIA and Intel will include $HBAR technology into each of their processors in the future.

Verifiable Computing using Hedera Hashgraph

To provide cryptographic certificates that control and audit AI processes, Verifiable Compute will use safe hardware infrastructure. The Hedera network will serve as the foundation for these certifications, making them part of an unchangeable record of AI calculations.

The release states that there are several advantages to the integration:

Permanent Record-Keeping: The Hedera network logs every AI calculation, making sure that no one can alter the history of AI activities.

The Hedera ledger binds smart contracts to hardware, allowing for the orchestration of work across different AI protocols to happen without a hitch.

With Hedera's decentralized architecture, Verifiable Compute improves governance and compliance by making sure that corporate rules and regulatory requirements are met in different countries.

New AI laws throughout the world, such as the EU AI Act, are in line with this partnership. In addition, it helps businesses automate AI audits and enforce governance norms according to local regulations.

#Nvidia #MarketPullback #FullMarketBullRun #MarketCorrectionBuyOrHODL? $BTC $ETH $XRP

$BTC rebounds somewhat after Fed rate reduction sell-off

Bitcoin climbs to $102,000 on Thursday after falling 5.5% owing to the Fed's aggressive rate-cut

Recently, whales, businesses, and institutional investors purchased BTC declines.

The Bitcoin NPL indicator suggests profit-taking, so traders should be careful.

Bitcoin climbs to $102,000 on Thursday after falling 5.5% the day before. Whales, businesses, and institutional investors bought more BTC during recent falls. Bitcoin's Network Realized Profit/Loss (NPL) measure suggests profit-taking, therefore traders should be careful.

Whales, businesses, and institutional investors purchase Bitcoin below $100K.

Bitcoin climbs to $102,000 on Thursday after falling 5.5% the day before.

The Fed's aggressive rate-cut decision at Wednesday's FOMC meeting spurred Bitcoin's recent drop. As predicted, the Fed decreased the federal funds rate to 4.25% to 4.50% but projected a slowing in rate decreases in 2025, lowering riskier assets like Bitcoin.

Whales and corporations bought more Bitcoin despite its recent drop below $100K. Lookonchain data shows Marathon Digital (MARA) added 1,627 BTC worth $166 million on Wednesday. After the price drop, three whale wallets acquired 1,153 BTC worth $120 million.

Hut 8 Corp (HUT), an energy infrastructure and Bitcoin miner, bought 990 BTC worth $100 million at $101,710 each on Wednesday. Hut 8 now possesses 10,096 BTC worth over $1 billion in its strategic Bitcoin reserve, including the Bitcoin held before this transaction.

Institutional demand is high. On Wednesday, Coinglass reported $272.30 million in Bitcoin spot Exchange Traded Funds (ETF) inflows, extending its run from November 27. The influx pattern would buffer Bitcoin price decreases if it continues or escalates.

Bitcoin Price Forecast: BTC rebounds at $100K support.
Bitcoin fell 5.5% on Wednesday, hitting $100,000 and finishing close over $100,200. BTC fell below $100k in the early Asian session on Thursday but recovered to $102,000 in the European session.

#MarketPullback #Fed25bpRateCut #FullMarketBullRun

Ethereum Hits 1-Year Low, Analyst Predicts Massive Run

Ethereum (ETH) sentiment has dropped to its lowest level in a year as the second-largest crypto by market capitalization attempts to recoup $4,000. Despite investors' mood, some experts believe the King of cryptocurrencies will resume its bullish run to new highs.

While trying to break $4,000 barrier, crypto expert says Ethereum social sentiment has dropped to a one-year low. The publication said that this measure hit its lowest point since December 18, 2023, when ETH traded around $2,100-$2,200.

The analyst called this a “classic bullish indicator,” adding that ETH's price rebounded 30% in the weeks after emotions reached “rock bottom” a year ago. ETH reached $2,700 on January 12, a significant landmark in its run to $4,093 in March.

Ethereum may rise to $4,900-$5,000 in the next month if it follows the similar path, converting the next large resistance level into support in two weeks.

Martinez said the crypto's rise would restart after ETH breaks $4,100, a level not seen since December 2021. After recovery, “$6,000 will become a magnet.”

After hitting $4,000 this month, the second-largest crypto has failed to gain support.

Ethereum rose to $4,100 before retracing to $3,900 and then to $3,800 as BTC traded beyond $107,000. Weekly and monthly gains for ETH are 2.3% and 22.6%, respectively, notwithstanding the drop.

Will ETH Pass $4,000 This Month?

Altcoin Sherpa said ETH is “roughly at the same spot that BTC was at around 70K,” and hasn't “materially broken this level for years.” ETH has been rejected from $4,000 multiple times in the previous three years but reached its ATH in 2021.

It may reach its $4,800 ATH before reaching its initial price discovery goal of $5,000 if it followed Bitcoin's lead. The expert also said December and January are Altcoin's “best times”.

However, Sherpa predicted a “final shakeout” before the ETH/BTC pair rose “up for a few weeks/months.” The token must surpass its recent 0.041 high.

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