Bitcoin is back in price discovery mode, hitting new highs of nearly $108,000! 🚀 Altcoins like XRP, XLM, and CRO are following suit. XRP has overtaken USDT in market cap after Ripple's stablecoin was approved.
BTC continues to rise, breaking through $106,000 to reach a market cap of over $2.1 trillion. XRP soars to $2.6, taking third place in market cap. Total crypto market cap has reached $3.950 trillion. 📈
Bitcoin has reached a new record, nearly $108,000! 🚀 Analysts predict a rise to $250,000 or even $500,000. At the same time, XRP from Ripple has grown by 130% in a month and is trading above $2.50. Some experts see growth potential up to $8.76.
Pi Network reminds users to rely on official channels and use the verified Pi Wallet. The opening of the network is expected after the completion of one million verifications. 📈
Ripple launches its long-awaited stablecoin RLUSD! 🚀 Nearly $66 million tokens have already been issued, of which $52.9 million on Ethereum and $13.3 million on XRPL. This is impressive, considering the official premiere is only today.
With support from NYDFS and new advisors, RLUSD promises to become the "future of finance". It is fully backed and ready for multi-chain support. Ripple is targeting a competitive stablecoin market. 🌐
The price of Bitcoin has soared by 3% in a day and 10% in a week amid increased trading volume. 🤑 Major BTC holders have become active following Donald Trump's statements about creating a strategic reserve of Bitcoin. However, will Google's quantum chip Willow change the game in blockchain? 🤔 While quantum computing is impressive, the security of Bitcoin remains high due to complex cryptography.
The South Korean exchange Upbit announced the listing of MOCA Network (MOCA), which triggered a sharp surge in the token's price. 📈 Over the past 24 hours, MOCA has increased by 160%, and trading volume has risen by 7,500%, reaching $1.32 billion. 🤑
Whales transferred 9.5 million MOCA to Bybit, which could yield them $2.55 million in profit. This underscores the impact of strategic token movements following major listings.
Animoca Brands raised $10 million to develop Mocaverse, aiming to expand the Web3 infrastructure and digital ownership rights.
The Australian court fined Bit Trade, the operator of the Kraken exchange, $8 million for an unauthorized margin product. 🚨 ASIC claims that the company violated rules by not verifying the suitability of clients. Over 1,100 Australians were affected, losing $7.85 million.
ASIC emphasizes the importance of regulatory compliance to protect investors. Kraken is disappointed, calling for clear crypto laws. 🏛️ Discussions are ongoing!
Crypto Market on the Rise Thanks to Donald Trump's US Election Victory! 🚀 VanEck Investment Firm Predicts Price Surge: BTC to $180,000, ETH to $6,000, SOL to $500. A bet on a crypto-friendly SEC Chairman and approval of new ETPs could accelerate growth.
VanEck also predicts an increase in TVL in Bitcoin-based networks and an increase in stablecoin trading volume to $300 billion. DeFi and NFT are also on the rise, with an emphasis on AI and new projects. 📈
The exchange will increase the collateral ratios for six altcoins, including PNUT, starting December 17. 🐿️ This change will affect assets such as 1MBABYDOGE and RSR, increasing their ratios by 10%. Users should closely monitor uniMMR to avoid potential losses.
PNUT, inspired by a squirrel, has received support from well-known figures like Elon Musk, leading to a sharp increase in its value after being listed on Binance. 🚀
In 2024, the stablecoin market is experiencing rapid growth due to increased cryptocurrency adoption and the participation of institutional players. All attention is focused on the new stablecoin from Ripple, RLUSD. 🚀
Ripple's Chief Technology Officer, David Schwartz, dispelled concerns about price anomalies of RLUSD, explaining that temporary price fluctuations are possible due to supply shortages at launch. 🧐
Schwartz emphasized that RLUSD is not for speculation, but for stability in international payments.
Analysts predict a possible rise in XRP with targets ranging from $2.72 to $8.76. 🚀 However, key metrics such as active accounts and transactions have declined, which may slow down the growth.
The cryptocurrency market is thriving, and XRP is among the leaders. The price has increased by 120%, but recently fell below $2, then rose above $2.50. It is currently around $2.36, which is 2.5% lower in the last 24 hours.
Despite the optimism, the decline in activity may weaken demand and impact the price. 📉
Whales are back in business! 🐋 During the crypto market surge, one of them transferred 2.1 trillion PEPE to a new address, earning about $52 million on it. Interestingly, he initially invested only 0.0135 ETH, which gave an incredible return of 1,900,000x!
PEPE, based on the Pepe the Frog meme, continues to amaze. Despite temporary drops, it has grown by 1,500% in a year. But remember, meme coins remain extremely volatile and risky assets.
Ripple is preparing to launch its long-awaited stablecoin RLUSD tomorrow! 🚀 The company confirmed that the new asset will be available on platforms like MoonPay, Bitso, CoinMENA, and others. Despite past difficulties with regulators, RLUSD received approval from NYDFS after a change in the political landscape.
Interestingly, experts such as Raghuram Rajan and Kenneth Montgomery have joined Ripple's board of directors. XRP has already felt the positive effect, rising to $2.48. 📈
Ethereum continues to delight investors, attracting $1 billion in a week, highlighting the improved sentiment around the second largest cryptocurrency 🌟.
According to CoinShares, digital assets received $3.2 billion in a week, and the total inflow this year reached $44.5 billion. Bitcoin contributed $2 billion, but short positions are also increasing.
XRP is also in the spotlight with an inflow of $145 million, and hopes for an ETF are fueling interest. Other altcoins, such as Litecoin and Cardano, are also not left out.
Ethereum is on the rise again! 🚀 After a pullback to $3.5K, buyers have returned, pushing the price back to the resistance at $4K. If this level is broken, we are in for a short squeeze and a possible price increase. However, $4K is also a supply zone, and a failure could lead to consolidation in the $3.5K-$4K range.
The futures market is showing an increase in long interest, which is strengthening the bullish sentiment. Keep an eye on the $4K level! 📈
Cardano price follows Bitcoin, but has not yet reached a new record. 🚀 On the ADA/USDT chart, the asset is rapidly growing, breaking through resistance levels, but $1.2 is still blocking the way. As long as the $0.75 support zone holds, the market structure remains bullish.
On the ADA/BTC chart, the situation is similar, but the key level is 1000 SAT. If it holds, growth to 1500 SAT is possible. Otherwise, a fall to 700 SAT is likely. 📉
MicroStrategy is back in business! 🚀 The company bought 15,350 BTC for $1.5 billion at a price above $100,000 per bitcoin. Now they have 439,000 BTC, and the return is up 46.4% for the quarter and 72.4% for the year.
But not everyone is happy. Notorious Bitcoin critic Peter Schiff is attacking Saylor again, claiming that the price of BTC will fall when MicroStrategy stops buying. I wonder who will be right? 🤔
Bitcoin hit a new record of $106,500 but soon lost about $2,000. 📉 While most altcoins remain sluggish, LINK, SUI, and AAVE are showing impressive growth. SUI in particular stands out, reaching a new high above $4.9. The total crypto market capitalization has grown by $80 billion and is now $3.850 trillion. 🤑 What will happen next?
Pi Network urges users to be cautious! 🚨 The project team reminded "pioneers" to rely only on official channels and use the authentic Pi Wallet in the Pi Browser. This is important to protect against fraudsters, especially now that there are already 14 million users!
With the launch of the open network by December 31, Pi Network is facing delays and skepticism. Will they be able to fulfill their promises? Time will tell! ⏳
Bitcoin has reached a new record at $106.5K, increasing by almost 200% this year! 🚀 The main driver of growth is the activity of "whales", who have increased the number of wallets with 100+ BTC by 9.9% since the start of the bull rally on October 10.
Trump's comments about creating a strategic reserve of Bitcoin in the US have fueled investor interest. 🎅 The "Santa Claus Rally" is in full swing, but historically, December brings mixed results.
Bitcoin is back in the spotlight, soaring to a record $106,000! 🚀 The price has been jumping up and down in the last 12 hours, leaving $300 million in liquidations. The biggest loss was $19.86 million on Binance in the BTC/USDT pair. This is a warning to traders: be careful with leverage in such volatility!
Aside from BTC, major altcoins such as ETH, SOL, and others also rose by 2-3%. SUI stands out with a 9% gain, trading around $4.8. 📈