#BTCNextMove Bitcoin plunges over 8%, dips below $94,000 as Jerome Powell dismisses speculation on BTC reserves
Bitcoin continued its slide on Friday slipping below the $94,000 mark. It was its fourth consecutive decline amid soured sentiments following Federal Reserve Chair Jerome Powell's hawkish tone and comments on the potential of a Bitcoin reserve. Around 6 pm India time, BTC was trading at $93,637.04, down by 8.25%.
Bitcoin Price Today: BTC Falls Below $100,000, Declines 6.1% After US Fed Hawkish Tilt
After the brief dip, Bitcoin has recovered slightly to reclaim the $100,000 level to currently trade at $101,040 as of 10:30 am on Thursday.
Bitcoin Price Today: Halting the gaining streak, the world’s largest cryptocurrency Bitcoin on Thursday fell below the $100,000 level to $98,792.67 after the US Fed’s 25 bps rate cut decision and its hawkish tilt raised concerns about the inflation outlook. It was 6.18 per cent lower than the day’s high of $105,302.37.
However, after the brief dip, Bitcoin has recovered slightly to reclaim the $100,000 level to currently trade at $101,040 as of 10:30 am on Thursday, according to binance.com.
$BTC Cryptocurrency Price Today (December 18): Bitcoin Sees Slight Dip, PENGU Jumps Over 500%
Bitcoin (BTC), a day after marking a new ATH, dipped down to the $103,000 range early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of dips and gains across the board as the overall Market Fear & Greed Index stood at 80 (Extreme Greed) out of 100, as per CoinMarketCap data. The Pudgy Penguins (PENGU) token became the top gainer, with a 24-hour jump of nearly 510 percent. Aptos (APT) was the biggest loser today, with a 24-hour dip of nearly 12 percent.
$BNB The live price of BNB is $ 676.35 per (BNB / USD) with a current market cap of $ 97.40B USD. 24-hour trading volume is $ 3.77B USD. BNB to USD price is updated in real-time. BNB is -4.28% in the last 24 hours with a circulating supply of 144.01M.
Will BNB reach $10,000? According to Changelly, BNB will reach $10,000 in early or mid 2032.
#CryptoUsersHit18M Cryptocurrency Prices Today Dec 17: BTC Crosses $107K, BGB Soars 16%, CRO Up 7%
Cryptocurrency markets are experiencing a surge today, with several major tokens seeing significant gains. Bitcoin (BTC) has once again crossed the $107,000 mark, while smaller altcoins such as BGB and CRO are making notable moves as well. Investors are closely monitoring these developments, as they signal a renewed sense of optimism in the market.
Bitcoin’s Surge to $107,000
Bitcoin, the leading cryptocurrency by market capitalization, has reached a new milestone, surpassing $107,000 on December 17. This marks a notable recovery after recent periods of volatility, during which Bitcoin’s price fluctuated within a tighter range. The latest jump comes amid growing institutional interest, with several high-profile firms and investment funds increasing their Bitcoin holdings.
$BTC Bitcoin surges past $107,000 on hopes for US strategic reserve
Bitcoin and crypto are catapulted into the spotlight as investors wager that Trump will usher in friendlier US rules for crypto.
Bitcoin’s record rally topped $107,000 after United States President-elect Donald Trump reiterated that he plans to create a US Bitcoin strategic reserve similar to the country’s strategic oil reserve, stoking the enthusiasm of crypto bulls.
Bitcoin, the world’s biggest and best-known cryptocurrency, extended gains to a session high of $107,148 and was most recently at $106,877, up 5.43 percent from late Friday. The number two digital currency, Ethereum or Ether, was up 1.85 percent at $3,975.70.
#MarketNewHype Bitcoin surges past $107,000 on hopes for US strategic reserve
Bitcoin and crypto are catapulted into the spotlight as investors wager that Trump will usher in friendlier US rules for crypto.
Bitcoin’s record rally topped $107,000 after United States President-elect Donald Trump reiterated that he plans to create a US Bitcoin strategic reserve similar to the country’s strategic oil reserve, stoking the enthusiasm of crypto bulls.
Bitcoin, the world’s biggest and best-known cryptocurrency, extended gains to a session high of $107,148 and was most recently at $106,877, up 5.43 percent from late Friday. The number two digital currency, Ethereum or Ether, was up 1.85 percent at $3,975.70.
Kaia Chain: Revolutionizing Blockchain Integration with Binance Support
@Kaia Chain Kaia Chain is a transformative blockchain project born from the merger of Kakao’s Klaytn and LINE’s Finschia platforms. This integration has created Asia's most extensive Web3 ecosystem, uniquely tied to two of the region's most widely used messaging apps, KakaoTalk and LINE. With a combined user base exceeding 250 million, Kaia seeks to bridge the gap between Web2 convenience and Web3 innovation, providing a user-friendly platform for decentralized applications, token trading, and more. What innovative consumer-facing Mini Dapps ideas you'd like to see on LINE?
The Evolution of Kaia Chain
Kaia emerged as a solution to the limitations faced by its predecessor blockchains. Klaytn, developed by Kakao, and Finschia, backed by LINE, both achieved moderate success but struggled with scalability and adoption outside of their primary markets in South Korea and Japan. By unifying their technologies, Kaia leverages the best features of both chains, including enhanced performance, international outreach, and seamless integration into messaging super-apps.
The launch of Kaia has also been accompanied by significant updates, including technical optimizations, governance mechanisms, and economic adjustments, ensuring its competitiveness in the global blockchain landscape. How can Mini Dapps bring creators and developers communities closer together? Mini dApps (decentralized applications) can bring creators and developer communities closer by offering collaborative tools within a shared ecosystem. Creators can use these apps to easily integrate blockchain features (e.g., NFTs, payments) into their work, while developers can provide customizable, interoperable frameworks. This synergy fosters innovation, enabling creators to focus on content and developers on technology, while both benefit from shared user bases and feedback loops.
Key Features of Kaia Chain
1. Technical Advancements
Kaia integrates cutting-edge blockchain technologies to enhance scalability, efficiency, and user accessibility:
High Throughput and Zero-Knowledge Proofs: Kaia employs zero-knowledge proofs for efficient block validation, compressing verifiable data to reduce the burden on new validators. This allows the network to maintain its high transaction per second (TPS) rate while ensuring data integrity.
Dynamic Gas Fee Model: Gas fees on the Kaia network dynamically adjust based on transaction volume. The maximum fluctuation per block is capped at 5%, providing predictable costs for developers and users.
Three-Layer Token Destruction: To manage inflation and maintain token value, Kaia employs a destruction model targeting transaction fees, miner extractable value (MEV), and protocol-specific contributions.
2. Integration with Popular Apps
Kaia’s unique value proposition lies in its seamless integration into KakaoTalk and LINE. These platforms allow users to access Web3 services like wallets, NFTs, and decentralized applications without leaving the messaging environment. This integration enables mass adoption by lowering entry barriers for everyday users, combining the speed and simplicity of Web2 interfaces with blockchain functionality.
3. Ecosystem and Governance
Kaia adopts a decentralized governance model, empowering token holders to propose and vote on changes to network parameters. For instance:
Validators, essential for network security, must stake. FOLLOW US FOR MORE LATEST UPDATE 🔔 #RideTheKaiaWave #KaiaChain #RideTheKaiaWave
📈 Michael Saylor: Bitcoin Will Keep Outpacing the Dollar
Saylor predicts Bitcoin will eventually hit $1M, urging continued investment as its value against the dollar grows, projecting $13M by 2045 with market maturity.
Ki Young Ju predicts Bitcoin will surpass $1M as investors shift from gold, citing its 750% growth potential as a safe-haven asset over the next five years.