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$BTC $113k hits Bitcoin’s recent breakout above $100,000 pushed market capitalization beyond $2 trillion. This achievement marks the start of what analysts expect to be a sustained upward trend. Technical indicators provide additional confirmation. The MVRV ratio shows strong accumulation, while the NUPL metric highlights room for growth. These factors align with the 100% Fibonacci extension level, which points to $113,000 as the next major target. Spot ETFs have also changed the game. Institutional investors have rapidly increased holdings, surpassing even the legendary wallet associated with Bitcoin’s creator. This shift underscores growing confidence in Bitcoin’s future.
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Ethereum $ETH : The Road To 20k? The market had a red week in the second week of December as investors took a well-deserved profit off the massive November gains. One of the tokens that underperformed was Ethereum. While Solana and Bitcoin - and a host of others - reached their ATHs during the November bull run, Ethereum maxed out at a hair over $4k, still almost $900 short of its ATH. The Ethereum price prediction is relatively bullish, and Coincodex predicts ETH will break the $4k mark by the new year. Is this enough, though? The Ethereum price prediction is said to max out this cycle at just under $7k in November next year before falling to about $4,700. But what about the mythical $20k mark for the Ethereum price prediction? Coincodex says that is a long time off. 2033, to be exact. That will mark a 5x return for Ethereum. The Bitcoin price prediction for the same timeline is over $700k for a 7x return. The Ethereum price prediction says it’s not a great investment.
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Following the decline in the cryptocurrency market, the latest status of the wallet of Donald Trump's cryptocurrency project, World Liberty Financial, which purchased a large amount of altcoins before the decline, is being wondered. With the market falling, the project’s recently acquired Ethereum (ETH), Wrapped Bitcoin (WBTC), Aave (AAVE), Chainlink (LINK), Ethena (ENA) and Ondo Finance (ONDO) altcoins have all slipped into the red zone. With the latest data, the platform’s total loss amount was measured at $6.15 million. Interestingly, however, the biggest loss was in Ethereum due to the amount of investment, with the project losing a total of $4.86 million in ETH. Here is the amount World Liberty Financial paid for the altcoins it purchased and their current value: Ethereum – $32.5 million; $4.8 million loss Wrapped Bitcoin – $10 million; $417k loss Aave – $2 million; $296k loss Chainlink – $2 million; $421k loss Ethena – $750k; $105k loss Ondo Finance – $250k; $48k loss The platform purchased the ETH in question at an average price of $3,682. *This is not investment advice. #GrayscaleSUITrust #BinanceAlphaAlert #USJoblessClaimsFall #USUALBullRun #CorePCESignalsShift
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New Altcoin Listings Announcement Binance has announced that it will open futures trading pairs for four cryptocurrencies. Recently, Binance can initiate futures trading for cryptocurrencies gaining volume, even without spot listings. The announcement specifically pertains to the following four cryptocurrencies: AIXBT (increased from $0.23 to $0.26) FARTCOIN (over 20% increase) KMNO (11% increase) CGPT (22% increase) The listings will occur every 15 minutes in the coming hours, allowing for leveraged trades up to 75 times. Since these altcoins are relatively unknown, they may exhibit high volatility due to low volume. With BTC surpassing $97,400, even cautiously, traders are hopeful for a recovery. We might witness speculative attempts to rebound from the losses experienced in these altcoins. #CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #GrayscaleSUITrust
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Will $SHIB Recover Soon? Currently, Shiba Inu’s price fluctuates between $0.000023 and $0.000026, resting at $0.0000241. It is currently receiving support from the 0.5 Fibonacci retracement level, with technical indicators suggesting the potential for a price increase as long as it remains above $0.0000234. Critical resistance is seen at the $0.000037 mark, with market analysts forecasting that SHIB could potentially reach $0.0000998 if a bullish trend emerges in 2024.
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Latest News
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Ethereum Price Faces Resistance Amid Market Trends
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BNB Surpasses 690 USDT with a 2.70% Increase in 24 Hours
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Bitcoin(BTC) Surpasses 98,000 USDT with a 1.26% Increase in 24 Hours
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Ethereum(ETH) Surpasses 3,500 USDT with a 4.17% Increase in 24 Hours
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