XRP SOARING, ETF ON THE HORIZON

WisdomTree has taken a step forward by filing to launch an ETF with XRP as its underlying asset.

$XRP

#THE worth taking on the spot!

The coin looks extremely strong now. It showed more than 10 x in a month, and now it has entered a correction phase, after which it will most likely return to growth.

I see targets in the region of $4.5-5, just to take an easy couple of x on the update of the recently set ATH.

The coin should not be rolled out, since everyone bought directly during the growth, and no one has managed to earn yet, but just in case, set yourself an SL according to your strategy 🤝

$THE

🚀 MicroStrategy continues to increase its Bitcoin reserves

The company has acquired an additional 15,400 BTC for $1.5 billion.
This increases the total reserve to 402,100 BTC.

$BTC

ANALYST POINTS ETHEREUM GROWTH SIGNAL

A three-line breakout chart with daily noise and irregular price movements filtered out shows that the cryptocurrency has completed an eight-month correction period.

The pattern signals the start of a broad uptrend in ETH from the October 2023 lows near $1,500.

Such breakouts often cause a cascading price increase, attracting new buyers and forcing sellers out of the market, Godbole explained.

A similar pattern in Bitcoin in mid-October led to the rate returning to around $73,000. Since then, the digital gold quotes have added about 45%, rising to ~$96,000.

The technical bullish signal in Ethereum is supported by fundamental factors.

In November, the number of BLOBs placed on the network by L2 protocols increased sharply. The increased activity increases the volume of fees, the partial burning of which takes the coins out of circulation.

It is also worth paying attention to the institutional interest in the second-largest cryptocurrency by market capitalization. On November 29, nine spot ETH ETFs in the US recorded a net inflow of $332.9 million, a record figure since the products were launched in July.

$ETH

BINANCE WILL CONDUCT A MONKY AIRDROP AMONG FLOKI AND APE HOLDERS

The cryptocurrency exchange Binance will support the distribution of the meme coin Wise Monkey (MONKY) for holders of FLOKI (FLOKI) and ApeCoin (APE).

The airdrop will be conducted at a rate of 0.35 MONKY for each 1 FLOKI and 804,828 MONKY for a unique account with a balance of at least 1 APE.

Snapshot date:

November 29, 00:00 UTC for APE holders; December 15, 00:00 UTC for FLOKI holders.

For the purposes of the distribution, tokens awaiting deposit or withdrawal at the time of the snapshot, as well as those borrowed from margin or crypto loans, will not be counted.

Snapshots will include assets and liabilities of FLOKI and APE in spot and margin wallets, funding wallets, Simple Earn, and credit accounts.

"Users with net liabilities of FLOKI or APE from margin or any loans will have to return an equivalent amount of MONKY," said platform representatives.

Support for the airdrop does not guarantee subsequent listing of MONKY on Binance.

I remind you that in June, the exchange provided BNB holders with early access to tokens preparing to be added to the platform.

$FLOKI
$APE

ALTCOINS PREPARE FOR A RALLY

A significant increase in the market capitalization of altcoins may indicate the beginning of a new alt season. Investors are closely monitoring the market.

$SOL
$BNB
$XRP

Investors Pour Billions into BlackRock Crypto Funds

Yesterday's net inflow into IBIT and ETHA from BlackRock reached $3.885 billion. This is another sign of growing confidence in digital assets.

$BTC

BITCOIN PRICE UPDATED ATH AT LEVELS ABOVE $94,500

Less than a day after updating the historical maximum at levels above $93,900, the quotes of the first cryptocurrency confidently overcame the $94,000 mark.

On Binance, the rate momentarily reached $94,585. The average weighted estimate of the new ATH from CoinGecko is $94,617.43.

Most of the leading altcoins by capitalization did not react to the price movement of the flagship. The exceptions were Cardano (ADA) and XRP — plus 14.4% and 4.1% per day, respectively, against 3.7% for Bitcoin.

$BTC

MARKET TODAY:

As expected in the previous forecast, the price from the STB zone updated its ATH. This coincided with news of personnel changes in Trump's team.

Key indicators:

 • BTC: $93,524
 • ETH: $3,098
 • Fear index: 83
 • Altseason: 35
 • Long/short: 66/44
 • BTC dominance: 60.5%

📈 Growth leader: PPT (+41%)

📉 Decline leader: NUTS (-35%)

📌 After the sweep of the upper boundary of the sideways range, the price should consolidate above it and the ATH to continue rising.

$BTC
$ETH

🗣EN: Bitcoin is becoming a strategic asset for states

The head of Binance stated that countries will start using printing presses to purchase BTC as a strategic reserve.

No one can afford to be last!
— he added.

$BTC

MicroStrategy demonstrates confidence in Bitcoin

The largest corporate holder of BTC, MicroStrategy, has acquired 51,780 BTC for $4.6 billion.
Now the company's total reserves amount to 331,200 BTC, with a yield of 41.8% in 2024.

$BTC

The current structure of the DOGE chart hints at a bullish flag.
A breakout at the level of $0.4 could trigger a rise to $0.85, ensuring 100% profit.

Is it time for a new rally?

$DOGE

The index of fear and greed in the crypto market has reached 90 — extreme greed.

The market needs cooling, as this is the highest indicator in the last 8 months — there is hype in the market, people are ready to buy crypto.

So we are waiting for a correction to the area of ​​$ 76,000

$BTC

Matthew Siegel from VanEck believes that by the end of 2025, Solana will receive a spot ETF. In his opinion, there are significant changes ahead in the SEC's regulatory policy that should support the development of crypto products.

$SOL

CRYPTOQUANT HEAD RAISED BITCOIN FORECAST TO $135,000

Based on the cumulative capital inflow to the bitcoin market, the target price for digital gold in the current cycle is $135,000. This conclusion was reached by the founder and CEO of CryptoQuant, Ki Yun Joo.

Thus, the expert adjusted his February forecast for the quotes of the first cryptocurrency based on realized capitalization. A month earlier, spot bitcoin ETFs began trading.

The head of CryptoQuant suggested that inflows into products would serve as a driver of the bull market, so the price could reach $112,000 by the end of the year.

According to SoSoValue, the total net inflow into exchange-traded funds as of November 15 approached $27.5 billion.

"We are in a bull market. Bitcoin will continue to grow," the analyst emphasized.

However, he warned that this does not mean the absence of corrections, as "the perpetual futures market is overly leveraged."

$BTC

American spot Ethereum ETFs recorded a net inflow of $515 million over the past week, marking an all-time high since the launch of these funds.

This increase indicates a growing interest from investors in Ethereum, despite the volatility in the cryptocurrency markets.

$ETH

MARKET REVIEW AS OF NOVEMBER 16

$BTC reserves on exchanges fell to the lowest level since November 2018.

Fear Index: 86

Alt Season Index: 33

Long/Short Ratio: 76/24

Bitcoin Dominance: 60.6%

📈 Top Gainer: ALGO (+31%)

📉 Top Loser: LGX (-22%)

There are rumors that Gary Gensler may announce his resignation in early January, right after Thanksgiving.

On the back of this news, $XRP has already broken through the $1 per token mark.

$ALGO $XRP

ELON MUSK LAWSUIT DISMISSED

The appeal of investors who accused Elon Musk of manipulating $DOGE has been withdrawn, ending the trial. Musk is no longer facing charges of rigging the cryptocurrency market.

$DOGE

Looks like we'll see bitcoin at $100,000

There are still more bears than bulls in the market.

$BTC