Analyst says XRP is 'excellent' and predicts a new rise for major altcoins - The Daily Hodl

An analyst who was quick to catch the crypto bull market of 2023 believes the altcoin #XRP is poised for a new rise.
BREAK He also believes that XRP has had plenty of time to consolidate after spiking to a high of $2.90 in December.
"At this point I believe, and I've been watching this chart for some time now, that XRP is ready for another bull market. Looking at this chart, I think both the #bitcoin pair and the US dollar pair are strong. Both pairs are great.
Very similar to what I wanted to see. A week ago I was predicting a small pullback. So far I don't see anything to stop it.
Zooming in, DonAlt believes that XRP may be poised for a sharp rise to continue the bull run that began in November.
"Whether or not we're going to see an explosive top in #cryptocurrencies . Every time I start to doubt, the XRP chart removes my doubts. ...... ... XRP is about to go for a second round.
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Scott Bessent, President-elect Donald Trump's nominee to be the next Treasury Secretary, has taken steps to get rid of significant assets to avoid potential conflicts of interest.

Before Trump's inauguration, Bessent disclosed assets totaling at least $521 million, but the real value is likely much higher.
On January 11, the U. S. Office of Government Ethics released information about Bessent's assets, indicating the range of value of each. Mr. Bessent, founder of Key Square Capital Management, did not specify the exact value, and some assets were simply listed as over $BTC For example, Mr. Bessent owns residential real estate in the Bahamas worth between $5 million and $25 million.
Mr. Bessent also owns real estate valued between $5 million and $25 million in Cushing, North Carolina, as well as art and antiques valued between $1 million and $5 million.
Mr. Bessent is known for his successful large-scale currency trading on Wall Street and for founding Key Square to capitalize on global macroeconomic trends, but he also seems to be a passive investor.
He is a member of the SPDR S&P 500 #ETF , Invesco S&P 500 Equal Weight ETF and Invesco QQQ, which is tied to the Nasdaq 100 Index.
In addition, he holds more than $50 million in U. S. Treasuries and significant positions in the dollar, euro, Chinese yuan and Japanese yen. He holds significant positions in the dollar, euro, Chinese yuan and Japanese yen. Among his #cryptocurrency investments, Bessent lists the iShares #Bitcoin Trust ETF, which is valued between $2,50001 and $BTC Bessent's decision to divest himself of assets to avoid potential conflicts of interest and to sell certain assets within 90 days of Senate approval This is consistent with federal ethics rules for candidates.
These rules exist to ensure that public officials make decisions based on the public interest, not personal financial gain.
In addition to the asset sale, Mr.
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Animecoin Foundation has announced the launch of its cultural coin ANIME on Ethereum and Arbitrum this month.

Animecoin Foundation, which is associated with the popular
FT project Azuki, will issue a total of 10 billion ANIME tokens, nearly 77% of which will be in circulation on day one.
The Animecoin Foundation intends to "transform the animation ecosystem into a creative, community-owned economy" through the issuance of tokens. For decades, Anime has shaped global culture, from art to fashion, music to games. Starting as a niche subculture, anime has grown into one of the most passionate fandoms in the world, with over a billion fans. However, these fans remain passive consumers. Until now, more than half of
ANIME's total
ANIME is accounted for by the Web3 community, led by Azuki, one of the original members of the Anime Coin Foundation. Azuki's community
Azuki receives 37.5% of the total offering, or 3.75 billion tokens. Another 13% is allocated for "community development, that is, the distribution of tokens managed by ANIME #token holders and future AnimeDAOs to "fund community incentives and initiatives.
Other anime-related projects, Web 3 users of the Kaito analytics platform and some #Arbitrum projects will receive a portion of the 2% of ANIME tokens allocated to the partner community.
ANIME tokens have long been expected, but the official announcement of Azuki's 'NFT' rate helped the project's price on the floor (the lowest asset price on the exchange) rise nearly 9% to 13.67 ETH or $41,505 in the past 24 hours, according to
F Price Floor.
His fellow Azuki Elementals and Beanz also rose in value, climbing 9.6% and 7.4%, respectively.
PENGU, the Pudgy Penguins ecosystem token on Solana, launched on Tuesday and quickly entered the top 100 cryptocurrencies. currencies. According to CoinGecko, the Pudgy Penguins token is currently trading at around $0.0335 and has a market capitalization of around $ 2.

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Fetch.ai, a cryptocurrency company with artificial intelligence built on Cosmos, announced a $10 million gas pedal to support startups developing solutions focused on AI agents, quantum computing and high-performance technologies.

This gas pedal will operate through the Fetch. ai Innovation Lab, which is designed to connect research with real-world applications. According to a press release sent to Cointelegraph, the lab, which has centers in San Francisco, London and India, will be funded by Humayun Sheikh, CEO of
Fetch. ai and chairman of ASI Alliance, spoke to Cointelegraph about Fetch. ai's funding, mentorship and access to agency technology to help startups scale globally.
the European Cryptoasset Market Regulation (MiCA) has been hailed as an important step forward for the #cryptocurrency industry, despite initial concerns about possible over-regulation when it was first introduced.
MiCA is the world's first comprehensive regulatory framework for cryptocurrencies and will come into full force for cryptoasset service providers on December 30, 2024.
Zekret founder, institutional regulation and #blockchain infrastructure specialist According to Dmitry Radin, CTO of Fideum, a company specializing in regulation and blockchain infrastructure for institutional investors, concerns about over-regulation remain, but in the long run it will be positive for the cryptocurrency industry.
In the long run, [MiCA] is absolutely positive. Any regulation helps the market grow. It leads to more money and more users, Radin told Cointelegraph at Emergence Prague.
However, Radin said the regulations are aimed at identifying "weak points of control" in the cryptocurrency space, which could lead to increased scrutiny of individual investors and end users of cryptocurrency platforms.
insider trading is suspected. At least 15 blockchain wallets have turned an initial investment of $14,600 into more than $20 million, raising concerns about transparency and fairness in the cryptocurrency market.
Memecoin Launchpad Pump. fun.
an analytics firm.
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Ripple transfers 300 million XRP, fueling speculation in the market

Ripple Labs recently made headlines by transferring an impressive 300 million #XRP (worth over $682 million) to an undisclosed wallet, which raised questions about the company
this transaction,
this transaction followed a series of high-profile moves, including the publication of the wallet earlier this month, which resulted in a 15% increase in the price of XRP. The exact reason for the latest transaction is still unclear, but the presence of multiple addresses associated with the wallet could be part of Ripple's ongoing operational process or preparation for future projects
#Ripple is working on the XRP Ledger (XRPL). With a focus on improvement and adoption across the broader crypto space, the company continues to promote the utility of XRP; Stablecoin's RLUSD currently runs on both XRPL and #Ethereum , making Ripple's efforts to establish XRP as a universal asset more apparent.
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Bitcoin fell 6% in one day, price retreats to the $95,000 mark;

Coinbase Premium Index shows increased demand since December 17;
#Bitcoin technical analysis shows strong resistance;
Bitcoin USD has had a turbulent start to the New Year. has had a turbulent start to the New Year, falling 6% in the last 24 hours to below $96,000, but now the index is showing an uptick in demand.
This drop is one of the biggest in recent weeks, and traders and investors are trying to figure out why it happened. And they are. Earlier, bitcoin briefly crossed the $100,000 mark, but was unable to sustain that momentum, leading to a sell-off and bearish market sentiment.
the entire #cryptocurrency market is on edge, with bitcoin's fall pulling other major assets with it.
for example, Ethereum has also fallen sharply. In general, the cryptocurrency market fell by about 6%. According to analysts, the main reasons for the fall of bitcoin were macroeconomic problems and profit taking on high prices.
Despite the volatility of bitcoin prices, the #Coinbase Bitcoin USD Premium Index for the first time since December 17 showed a positive result, indicating that U. S. investors
Coinbase Premium Index is calculated as the difference between the price of Bitcoin USD on the U. S. exchange Coinbase and the global exchange #Binance . A positive premium means high demand from U. S. buyers.
It is worth noting that this is due to the recent bearish trend in the market. The positive premium indicates that U. S. investors are viewing the $95,000 price level as an opportunity to buy higher as market sentiment has generally declined.

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Oklahoma State Senator Dusty Devers has introduced a bill to allow employees to be paid in bitcoin and allow businesses to accept the digital asset as payment.

The #Bitcoin Freedom Act, known as SB 325, is an Oklahoma bill. It seeks to establish a framework for the use of bitcoin and allows the use of bitcoin in transactions, salaries, and investments while ensuring compliance with legal requirements.
Any employee, business, corporation, other organization, or resident of the state may negotiate and accept payments and compensation, including salaries, wages, and other compensation in
For state employees who choose to receive their salaries in bitcoin, the bill requires an agreement with the state to determine whether or not SB 325 is established by the state. LIN_BREAK. Employees will be able to choose whether to receive their paychecks in bitcoins, U. S. dollars or both, and will be able to change their choice at the beginning of each pay period.
Devers said the legislation is a necessary step to protect Oklahomans from inflation.
At a time when inflation is eroding the purchasing power of hardworking Oklahomans, bitcoin offers a unique opportunity to protect incomes and investments, Devers contrasted bitcoin's fixed supply with the U. S. dollar printed in Washington, D. C. Not for nothing has President Trump campaigned on bitcoin and spoken at high-profile bitcoin-related events, Devers said. There is no question that bitcoin has entered the mainstream of our economy and is an important part of our financial future.
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US court: bitcoin investor forced to hand over private keys.

is required to hand over all physical devices used to store #cryptocurrency and return more than $1 million to US tax authorities.
In a precedent-setting decision for #digital assets, a federal court in Texas ordered Frank Richard Algren III to turn over all private keys and access codes to his wallets. The decision marks a turning point in the relationship between the US judicial system and the world of #cryptocurrencies .
Last December, defendant Algren, an investor who bought about 1,366 bitcoins worth about $465 in 2015, was sentenced to two years in prison for tax evasion. The case arose after the defendant intentionally underreported more than $3.7 million in capital gains from the sale of bitcoins between 2017 and 2019.
Judge Robert Pittman of the Federal Court in Austin found that not only the defendant Algren, but also his family and associates, had a restraining order issued against them requiring them to identify and turn over all physical devices used to store cryptocurrency, public and private keys and initial phrases. The order also included a prohibition on transferring cryptocurrency without prior court authorization.
In 2017, Algren sold approximately half of his bitcoins for $5,800 each, artificially inflating the purchase price on his tax return to reduce his taxable capital gains. He subsequently sold more than $650,000 worth of bitcoins between 2018 and 2019 without reporting those sales.
sentence includes two years in prison, plus one year of probation, and payment of approximately $1.1 million in restitution to the U. S. government.
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Interlocutory appeals are rarely granted. The case will be sent to the Second Circuit, where it will be heard, a source familiar with the situation said.

Judge Katherine Polk Fila also said in an opinion filed Tuesday that "conflicting decisions" should be noted by the Second Circuit.
a federal district judge in New York has granted Coinbase's appeal, staying the U. S. Securities and Exchange Commission's lawsuit against it.
Judge Katherine Polk Faira of the U. S. District Court for the Southern District of New York also said in her opinion and order filed Tuesday that the "conflicting decisions" should be noted by the Second Circuit. Base's motion to file an interlocutory appeal was granted. Interlocutory appeals are filed before a judge issues a final decision and are rarely granted. According to a source familiar with the situation, the case will likely be sent to the 2nd Circuit Court of Appeals, where it will be heard.
In 2023, the SEC sued #Coinbase for allegedly operating as an unregistered exchange, broker and clearing house. The regulator also complained about Coinbase's betting services and wallets. Judge Phila subsequently sided with Coinbase on the wallet portion and dismissed the SEC's complaint.
In April, Coinbase appealed, saying it had substantial grounds for the complaint. In the 27-page appeal, Coinbase's lawyers argued that SEC commissioners, legal experts and the court itself said there was disagreement over how the Howey test applies to transactions. The Howey test is based on a 1946 U. S. Supreme Court decision that is often cited by the SEC to determine whether an asset is an investment contract, i. e. , a security.

Judge Failla also stated that the application of Howey to cryptoassets is a The court does not and will not support Coinbase's attempt to vilify the SEC's approach to cryptoassets.

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In this article: the best L2 networks are 4.5 times more active than ethereum, with over 10 million transactions per week;

L2 circuits are evolving based on specific activity profiles;
increased traffic means that L2 circuits are protecting blocks on #ethereum . The need and attempt to find a balance between speed and low cost has led to competition for fees.
activity on rolls and other L2 networks is at an all-time high. Traffic on L2 is 4.5 times higher than transactions on Ethereum. Moreover, in a sign of the ongoing shift towards scalable blockchains, L2 chains represented by
Base, #Arbitrum and Optimism have more than 4.5 times as many transactions as Ethereum (ETH). On the L1 major chains, the number of transactions stabilized at 1.16 million transactions, with high Stablecoin transfers, ETH transfers, swaps and increased activity on
L2 being mainly driven by Base, while other major chains provided stable activity.
More complex transactions moved to L2, where each #chain has its own profile; Arbitrum and a few other major chains accumulated DeFi activity and liquidity from stablecoins, attracting users looking for simpler swaps on DEX.
As a result, activity on L2 set new records for months. On a weekly basis, L2 surpassed the 10 million user mark, compared to Ethereum's 1.96 million users.
users are active in the Ethereum ecosystem - last week's stats: over 10000000 addresses interacted with one or more Layer 2.
Base continues to be the leader in high-speed trading, but some of Base's traffic is still related to organic trading on DEX and DeFi lending on other major L2 chains. Base also gets a boost from CbBTC traffic, accumulating $34.9 billion on the blockchain.
Stable coins are another factor contributing to L2 penetration. At the beginning of 2025, L2 holds over $11 billion in stable coins, both bridge and native, with Arbitrum leading the way with $6.35 billion, followed by Base with $ 3.5 billion in stable coins.

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MicroStrategy plans to raise $2 billion, share price up 13%

MicroStrategy is planning a $2 billion IPO to buy more #bitcoin .
The company's share price #rose 13.22% to $339.66 on the news.
446,400 #BTC (worth $43.9 billion), up 57.2%.
As part of its $42 billion "21/21" fundraising strategy, #MicroStrategy (MSTR), the world's largest bitcoin holding company, announced plans to raise $2 billion in capital on January 4. The share price rose 13.22% after the announcement.
the indefinite preferred stock offering underscores the company's ongoing commitment to expanding its bitcoin holdings
the strategy continues to attract market attention and increase its value
the recently announced offering is a deliberate two-phase effort by the company. It is part of 21/21's deliberate, two-phase strategic plan.
These funds will be used to strengthen the company's balance sheet and deepen its bet on bitcoin.
As of Jan. 4, MicroStrategy owned 446,400 BTC, worth about $43.9 billion, according to Bitcoin Treasuries. The average bitcoin purchase price is $62,500 a piece, and the company has a 57.2 percent return on investment.
perpetual preferred stock has priority over common stock in the event of liquidation or bankruptcy.
the company refrains from giving details, but under favorable market conditions, this offer could take place now.
MicroStrategy's share price rose strongly again. Investors were enthusiastic about the announcement of the capital increase, and on January 4, the company's stock price rose 13.22% to $339.66 per share.
According to Yahoo Finance, the value of MSTR has increased by 395.75% over the past year. This far exceeds bitcoin's 122.21% rise.
This rise shows investor optimism about MicroStrategy's aggressive move into bitcoin, led by Chairman Michael Saylor.
Mr. Saylor was one of the investors in government bonds.

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Permanent link to this post: According to a Polymarket poll, 40% of respondents believe Trump may create a bitcoin fund in the U.S.

Senator Cynthia Loomis has proposed legislation that would give the U. S. 1 million bitcoins over five years.
Countries such as Bhutan and El Salvador have already integrated #bitcoin into their financial systems. According to a recent Polymarket poll, 40 percent of respondents believe that President-elect Trump could create a bitcoin fund in the United States. This has sparked a debate about the role of bitcoin in the country's finances. The government already holds around 200,000 bitcoins, and the move could strengthen the US position in the global #cryptocurrency market.
The concept of creating a bitcoin reserve in the US has been heavily fueled by recent news and speculation, both in the cryptocurrency community and globally.
A recent Polymarket poll showed that 40% of respondents believe that President-elect Donald Trump will create a national bitcoin reserve fund.
Polymarket is a decentralized prediction marketplace. marketplace. On it, users can make guesses about real-world events by buying and selling stocks. Current odds on the platform show that many believe that the Trump administration may support bitcoin as a strategic reserve asset.
This hypothesis is consistent with Trump's previous statements on bitcoin and is backed up by the administration's statement.
supporters argue that by holding bitcoin as a reserve asset, the U. S. will be able to strengthen itself in the global cryptocurrency market and strengthen its financial planning. It holds about 200,000 bitcoins worth billions of dollars. Industry experts, such as Alistair Milne of Altana #Digital Currency Fund, believe that even if President Trump does not increase the bitcoin rate, simply not selling these assets would be effective.
They believe he can create reserve assets.

The National Bitcoin Reserve initiative has serious problems.

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Ripple issues 600,000 RLUSD tokens ahead of certification report A significant event for the stablecoin

Corporate blockchain company #Ripple recently announced the minting of an additional 600,000 RLUSD tokens.
The announcement was
The announcement was shared via the Ripple Stablecoin Tracker account on social network X.
Ripple currently has about $83 million in reserves against over $77.2 million in RLUSD tokens. line_. BREAK This situation indicates that RLUSD is currently 7% secured, which provides security for both investors and users.
In the coming weeks, Ripple will publish a certification report detailing the composition of the assets backing RLUSD.
the company has promised to publish this report within 30 days of the public launch of the stablecoin, and it has already attracted significant attention and approval from regulators, especially in New York.
According to CoinGecko, the market capitalization of RLUSD currently stands at $72 million,
the last 24 hours, the token's trading volume was around $41 million, indicating high interest and activity in the market. RLUSD tokens are currently Bitso, Bulish and Mercado #Bitcoin , It is available on several trading platforms including Sologenic.
There are plans to expand its availability on other exchanges, which could further increase its presence in the market.
Ripple announced the launch of RLUSD in April and intends to set a new standard for the stablecoin. According to Monica Long, president
Ripple, RLUSD is designed to strengthen the Ripple ecosystem and increase the utility of the #XRP #token . RLUSD aims to strengthen the Ripple ecosystem and increase the utility of the XRP token, and aims to take a significant share in this fast-growing sector.
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In this article:The crypto industry will hold an inaugural ball in honor of Donald Trump's presidency on Jan. 17.

Ripple, #Coinbase and Kraken have contributed millions of dollars to Trump's $225 million inaugural fund.
Trump is expected to nominate a #cryptocurrency ally Paul Atkins is expected to nominate him for chairman of the U. S. Securities and Exchange Commission.
January 17, BTC Inc. and Stand With Crypto will host the first-ever crypto ball at the Andrew W. Mellon Auditorium in Washington, D. C.
the event will honor the inauguration of President Donald Trump and Vice President J. D. Vance. Tickets: $2500 per ticket. Hours. 8 p. m. to midnight. What to wear. Black tie, of course.
cocktails, hors d'oeuvres and parking will ensure the crypto industry is seen, heard and, most importantly, taken more seriously than ever.
the Trump Inauguration Committee has already raised $200 million and is expected to raise $225 million by the big day. This is one of the largest sums ever, and #cryptocurrencies are ecstatic about it. #Ripple alone has donated $5 million dollars, making it one of the top sponsors. Coinbase and Kraken donated at least $1 million dollars;
Famous tech companies like Jeff Bezos, Mark Zuckerberg, and Sam Altman also got in on the action, donating $1 million dollars each. The tech industry has been watching the growing influence of cryptocurrencies and wants its share of the profits or at least favorable regulatory changes. SEC Chairman Gary Gensler is expected to be replaced by Paul Atkins, a longtime cryptocurrency ally. If that happens, it would end an era of industry hostility. Atkins is seen as a man who understands everything. After all, he first invested in bitcoin more than a decade ago.
Doh Kwon of Terra has finally been extradited to the U. S. Other candidates include Scott Bessent for Treasury Secretary and Howard Lutnick for Commerce Secretary. Both have their own views on cryptocurrencies.

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Kekius Maximus is a mash-up of the internet meme Pepe the Frog and Maximus Decimus Meridius, the protagonist of the 2000 film Gladiator, played by Russell Crowe, according to

Etherscan. The KEKIUS memcoin was created on December 13, had accumulated $11.4 million by December 31, and peaked at $380 million on January 1, according to CoinGecko.
Musk was also generated by artificial intelligence, the world-famous Roman Colosseum
One of his posts garnered 48.2 million views on the X website, further fueling the rise of the KEKIUS memecoin at the time
However, after Mr. Musk changed his name and photo to #Elon Musk After he changed his name and photo to Elon Musk After he changed his name and photo to Elon Musk, the figure dropped to $150 million.
Despite the drop in value, more than 23,600 investors still own ERC-20 KEKIUS tokens, data from CoinGecko shows.
Several Kekius Maximus-related mimcoins were launched at the same time. Launched on #Solana at the same time, they did not attract the same attention from traders, DEXScreener data shows.
January 1, one of Tesla's cyber trucks exploded outside the Trump International Hotel in Las Vegas hours before New Year's Eve. A #Tesla cyber truck exploded outside the Trump International Hotel in Las Vegas hours before New Year's Eve, shifting Musk's attention to bigger issues.
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Trader warns altcoin up 9,000% in two months, ready for a pullback and updates hyper-liquidity forecast - The Daily Hodl

Altcoin trader Sherpa says one artificial intelligence (AI)-focused crypto asset presents a bullish opportunity
altcoin Sherpa believes, that ZEREBRO, which is positioned as an artificial intelligence system that creates and distributes content autonomously across multiple platforms to 236,000 subscribers on social media platform X could enter the market in the $0.40 range, he said.
After the correction, traders say ZEREBRO is "very strong" going forward.
I consider the $0.40 area to be a good entry point. At the time of writing, ZEREBRO is trading at $0.54, up 38% in the past 24 hours.
Altcoin Sherpa is also positive on decentralized perpetual #cryptocurrency exchange Hyperliquid (HYPE).
he says that those looking to take a long position in HYPE should look at the 50 level. He says they can start looking at accumulating at current prices, with potential targets above the USD level.
DCA (Dollar Cost Average) HYPE is between 30-25, and it feels good in that regard.
I am also considering keeping some dollars to buy lower if it happens, the low $20's are a gift and I will add many more if it happens,
thinks it will be $50 before this cycle ends. He thinks the price will be $ 50 before this cycle ends.
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A new memcoin based on Solana (SOL) reached a market value of 11 billion yen within 48 hours of listing on Binance, the world's largest cryptocurrency exchange.

Earlier on Saturday, #Binance announced the launch of permanent futures for Book of Meme (BOME), a coin launched by art producer DarkFarms, who specializes in works based on Pepe the Frog, a character often used in various memes.
Shortly after launch, BOME took off, and following an announcement from Binance, BOME rose from nearly 0.0077 to 0.0268, or nearly 250%, in just a few hours.
BOME has since pulled back and is trading at market0.0186 at the time of writing, with a market capitalization of $1.037 billion and a fully diluted valuation of $1.1297 billion.
Lookonchain, a blockchain tracking company, first learned that an unknown wallet withdrew $2,230 million from #Solana to purchase BOME just before listing on binance.
According to Lookonchain.
"Fresh Wallet withdrew 12,721 Solana (2.3 million yuan) from Binance and bought 314 million BOME for 0.0074 [in] 30 minutes.
Almost simultaneously with Binance's listing, #cryptocurrency exchange Kucoin, known for its "altcoin gems," also announced support for the new memcoin. According to KuCoin, users can now trade BOME /USDT pairs on its spot platform.
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The move by Solana (SOL) investors to Option2Trade (O2T) is an interesting development, indicating a strategic move to diversify portfolios and mitigate recent losses. Several factors have contributed to this trend:%%%%%%

Technology headwinds: innovative features of Option2Trade (O2T), such as artificial intelligence-based trading insights and enhanced security measures, make a compelling case for #Solana (SOL) investors looking for a cutting-edge platform. %%%%%%- Market sentiment: with Solana (SOL)'s volatile environment, investors are eager to explore new opportunities to balance investment risk and potential returns. %%%%%%- Community and growth potential: rapid community growth and the success of the Option2Trade (O2T) pre-sale demonstrate strong confidence in the long-term viability of the market, attracting Solana (SOL) investors seeking early access to promising projects.The influx of Solana (SOL) investors into the Option2Trade (O2T) pre-sale illustrates the changing dynamics of the #cryptocurrency market. The move highlights the broader trend of changing liquidity in the cryptocurrency ecosystem as investors seek to optimize their portfolios in an ever-changing market environment. Additionally, the pre-sale success of Option2Trade (O2T) and investor interest in Solana (SOL) could catalyze further innovation and competitive strategies between competing platforms, fostering growth and diversification across the market.In conclusion, the impressive pre-sale results of Option2Trade (O2T) Phase 5 and investor interest in Solana (SOL) reflect the dynamic nature of the cryptocurrency market; as Option2Trade (O2T) moves towards full-scale launch and further development, and continued interest from Solana (SOL) and other cryptocurrency investors is critical to shaping its trajectory and the broader cryptocurrency ecosystem. This trend emphasizes the importance of innovation, community engagement and strategic diversification in navigating the complex and volatile world of cryptocurrency investing.

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In his previous post, he said that if Solana can stay in the green zone between $141 and $1,147, the cryptocurrency could reach one more high before collapsing, he also urged investors to lock in profits in the green zone and reopen short positions from higher levels.

In addition, CrediBull Crypto predicted a new low for #Solana at around $115. He said that Solana and #Dogecoin will witness a slight reversal that will push their value up amid the downtrend in the market.
As mentioned earlier, the projected reversal of Dogecoin and Solana will depend on the future price performance of #bitcoin . At the time of writing, bitcoin is trading at 67,882 bitcoins and Bitcoin ETF spot funds have increased inflows despite the high demand for these digital assets in the market.
Bitcoin fell in price by 4.16 percent last week, sending the #cryptocurrency below its previous high of $71,000, which it reached earlier this month. According to CoinMarketCap, the cryptocurrency has renewed investor interest as its value has risen 1.24 percent in the past 24 hours.
Dogecoin and Solana have now shown a sharp decline, indicating that these cryptocurrencies have been inactive in the cryptocurrency market in recent days. At the time of writing, the price of dogecoin was 0.14, indicating a significant drop of 1% over the past 13.79 weeks.
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Gary Gensler, SEC Chairman Under Investigation: Will Cryptocurrencies Rise?

According to a recent investigation, the era of Gary Gensler, SEC Chairman, may be short-lived. It is alleged that the chief regulator is politically motivated when hiring staff.
Under Gensler, many #cryptocurrency companies faced serious legal harassment.
Gary Gensler, chairman of the U. S. Securities and Exchange Commission (SEC), is under scrutiny in Washington. He has been criticized for allegedly appointing government officials based on their political connections, which is seen as a violation of federal rules. It remains to be seen how this news will affect the cryptocurrency market.
earlier today, the House Committee on Justice, Financial Services and Oversight sent a joint letter to the agency. The context of the letter was related to the appointment of Dr. Haoxiang Zhu as the SEC's director of trading markets.
Based on emails released during the Sec rule debate, it was alleged that Dr. Zhu indicated his political direction to Gary Gensler prior to adoption.
the situation prompted lawmakers Jim Jordan, James Comer and Patrick McGenry to investigate. Virtu Financial CEO Doug Cifu criticized Gensler's motives and called them political rather than market-driven. The emails now serve as further evidence against regulators.
the email also asked Gensler to provide records and correspondence regarding the hiring of directors and assistant directors. We were also asked to provide records of employees in the office of the Chairman after 2021/4 and material that took into account political preferences in hiring.
SEC was given until 2024-9-24 to comply with this request.
The investigation comes at a time when Gary Gensler's position is threatened by a possible change in government.
Trump promised to fire Gensler and appoint a new SEC chairman who will champion future innovation.
the CEO of #Ripple Labs Inc.

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