Baby ($PEPE) has surpassed Hyperliquid ($HYPE) in market cap. According to the latest update, Baby’s market cap is $8.71 billion, while Hyperliquid’s is $8.54 billion. This development represents a major change in the cryptocurrency market rankings.
$BNB

Mike McGlone, chief commodity strategist at Bloomberg Intelligence, shared insights into a potential shift in investor preference from Bitcoin to gold by 2025. McGlone noted that gold, which has seen a 26% increase this year, could outperform the S&P 500 next year. He suggests that gold could attract investors from both the stock market and cryptocurrencies, including Bitcoin, especially if Bitcoin peaks this year. Bitcoin is currently trading below $100,000 but has seen a 3% increase recently, reaching around $95,500. Additionally, concerns over Tether’s compliance with new European crypto regulations have been cited as a factor affecting Bitcoin’s price. Despite the rumors, Tether’s CEO has confirmed that USDT will not be considered illegal in Europe.

XRP is on the verge of a potential breakout, with analysts identifying key levels that could push its price to $5.85. As of December 31, XRP is trading within a descending triangle pattern, a formation often associated with major breakouts. Dark Defender analysis highlights the $1.95 level as a crucial support level, indicating that holding this level could lead to a breakout higher. Resistance levels are cited at $2.22, $2.72, and $2.90, with a long-term target at $5.85. Regulatory developments, including the nomination of crypto advocate Paul Atkins as SEC chairman by former President Donald Trump, are seen as positive catalysts. The SEC appeal, scheduled for January 15, 2025, is seen as potentially resolving Ripple Labs’ legal issues. Despite the optimism, XRP faces challenges, including the possibility of a drop below $2 due to market dynamics and increased supply. At the time of writing, XRP is trading at $2.12, down 27% from its high on December 2, but showing a 258% increase since the beginning of the year.

Decentralized applications (DApps) on Solana have reached a record monthly revenue of $365 million. Among these applications, Pump.fun stands out with a significant contribution of $106 million. Additionally, trading bots have generated $300 million in revenue by 2024. These figures highlight the growing financial performance and adoption of Solana DApps in the blockchain ecosystem.

Bitcoin has shown resilience despite a slide in equity markets as global investors grapple with the Federal Reserve’s dovish outlook for a rate cut in 2025. This analysis by K33 Research highlights Bitcoin’s ability to maintain stability in the face of broader market challenges, suggesting a potential break with traditional financial market trends. The report comes as investors around the world adjust their strategies in response to the Fed’s latest economic forecasts.

PEPE, the third-largest meme coin after SHIB and DOGE, is generating a lot of buzz as analysts predict a potential price surge. CryptoZeus, a prominent analyst in the meme coin community, described PEPE as “highly explosive” and highlighted its resilience amid market volatility. He noted that PEPE’s price consistency suggests a potential breakout, possibly reaching $0.0000314. Community support and retail adoption are crucial to the coin, with over 92,000 investors and 355,300 holders. Recent whale activity, including the $52 million worth of PEPE tokens being moved, has sparked speculation of a price surge. Comparisons are being made to the past growth of DOGE and SHIB. CoinCodex predicts PEPE to reach $0.000152 by 2029, a 600% increase. The broader market environment, including Bitcoin’s rally, adds to the optimism. PEPE was trading at $0.000019, with a 60% increase in trading volume, despite a 11.81% price drop.

An Ethereum whale, who has been holding ETH since its inception in 2015, has moved 3,370 ETH, worth around $11.37 million, to Kraken in the past nine hours. The move is part of a pattern in 2024, where the whale sent a total of 48,687 ETH, worth $171.78 million, to Kraken. The whale’s wallet now holds 7,594 ETH, worth $25.72 million, and is nearing the end of an eight-year selling streak. Ethereum price remains below the $3,500 resistance level, currently trading at $3,388.28. Despite the strong fundamentals, the asset is facing heavy pressure, with prices hovering near the $3,400 area. The 24-hour trading volume is $16.38 billion, indicating moderate market activity. The price is below critical moving averages, showing a bearish trend. However, there are signs of weakening downward pressure, suggesting a possible bullish reversal.

The People’s Bank of China has released a report focusing on global cryptocurrency regulations and progress. The report, dated December 30, 2024, outlines the current state of cryptocurrency regulations around the world and highlights China’s position on the evolving digital currency landscape. The development is part of China’s ongoing efforts to align with international standards and ensure the stability of its financial system amid the growing influence of cryptocurrencies.

FTX, the collapsed cryptocurrency exchange, is set to begin repaying $16 billion to its customers and creditors on January 3, 2025. The repayment plan, approved in October, aims to return 98% of losses to most customers, with some receiving up to 119% of their claimed account value. The repayment will prioritize claims under $50,000. FTX CEO John J. Ray III has expressed confidence in the plan, noting its potential to restore confidence in the cryptocurrency industry. The repayment could also boost the cryptocurrency market, as many creditors are expected to reinvest in digital assets like Bitcoin and Ethereum. The involvement of companies like Kraken and BitGo in handling the repayment underscores the industry’s growing reliability. The move is seen as a major step in restoring investor confidence and could contribute to an upward trend in the cryptocurrency market.

A dormant Bitcoin address holding 357 BTC, worth an estimated $34 million, has been activated after 11 years of dormancy. These addresses often attract attention due to their potential links to early Bitcoin adopters. The reasons for the long dormancy can be varied, including forgotten wallets or strategic trading. The exact reason for the activation remains unknown, but it could be due to favorable market conditions or the rediscovery of wallet keys. Bitcoin prices have been volatile, with the price recently hitting $108,316, and forecasts suggesting it could reach $185,000 by Q4 2025. Galaxy Research expects significant growth driven by institutional and government adoption. Bitcoin is expected to continue to outperform other asset classes, including the S&P 500 and gold, in terms of risk-adjusted returns.

InvestAnswers crypto analyst predicts the highest prices for Bitcoin (BTC) and Solana (SOL) in the current market cycle. Addressing his 552,000 YouTube subscribers, the analyst expects Bitcoin to rise by at least 43% from its current value, reaching a new target of $136,000, with an optimistic target of $154,000. This potential growth is attributed to supply and demand dynamics and the influence of exchange-traded funds (ETFs) that are expected to add $48 billion in 2025. Historically, Bitcoin has peaked between 518 and 546 days after the halving, suggesting a peak between August and October of next year. Solana, a competitor to Ethereum, has conservative and optimistic targets of $332 and $361, respectively, with the potential to reach $500 thanks to the influence of ETFs and adoption. Currently, Bitcoin is trading at $94,882, and Solana is trading at $193.42.

Ripple CTO David Schwartz has publicly denied being a billionaire. The statement comes despite the significant wealth accumulated by other Ripple executives during XRP’s 2018 rally. Ripple co-founder Chris Larsen’s fortune soared to $54 billion, while CEO Brad Garlinghouse was estimated to be worth around $10 billion at XRP’s peak. However, Schwartz opted for a 2% stake in Ripple and a salary over XRP tokens, resulting in a more modest net worth. In 2019, Forbes estimated Schwartz’s net worth at $90 million, and in 2021 it was reported to be less than $170 million. Schwartz has acknowledged that the volatility of his assets, including XRP and Bitcoin, contributes to his financial unease. Earlier this year, XRP’s market cap surged, briefly making it the third-largest cryptocurrency. Chris Larsen's fortune increased by $6 billion in a month due to this increase.

Bitcoin has reached a major milestone as its clean energy usage has now surpassed 50%. This development is notable as Elon Musk previously stated that Tesla would consider accepting Bitcoin payments again once this milestone is reached. The return of Bitcoin payments to Tesla could be on the horizon, marking a significant moment for both the cryptocurrency and automotive industries.

Binance Coin (BNB) has emerged as the top gainer among the top 10 cryptocurrencies over the past 24 hours. This performance has seen BNB outperform major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The surge in BNB’s value is a bullish sign for projects within the BNB ecosystem, including Floki (FLOKI), which is set to launch its exchange-traded product (ETP) soon.

XRP, the cryptocurrency linked to the Ripple platform, is generating a lot of interest in the cryptocurrency world. With the growing interest in cross-border digital payments, eyes are turning to the future of this currency.
Factors affecting the price of XRP in 2025:
* Judicial decisions: One of the most important factors that will affect the price of XRP is the court decision in the ongoing case between the US Securities and Exchange Commission (SEC) and Ripple. This decision could significantly impact XRP’s legal status in the US and thus its demand.

Tether (USDT) is set to be delisted from cryptocurrency exchanges in Europe on December 30, 2024. The decision has raised concerns about a potential market crash and liquidity issues in the cryptocurrency industry. The delisting of USDT, a major stablecoin, could have major implications for traders and investors, leading to uncertainty about future market stability.

iDEGEN, a project that combines AI and memecoin systems, has raised $9.8 million in its pre-market auction, which is set to end on January 1, 2025. The project aims to revolutionize the memecoin market by using AI to create a $1 billion memecoin. iDEGEN’s unique auction method allows early investors to make significant returns, as the price of the $IDGN token is adjusted every five minutes based on market activity. The token has already seen a 42% increase in the past week, despite the overall crypto market’s poor performance. After the auction ends, $IDGN will be listed on crypto exchanges, with its launch scheduled for January 1, 2025. The project is expected to generate significant gains for early investors thanks to its innovative approach.

DuckChain has unveiled its AI roadmap, aiming to revolutionize blockchain accessibility through AI and EVM technology. The roadmap includes milestones such as an AI Governance DAO, AI agents for $DUCK holders by Q1 2025, AI-powered financial instruments, and expanded interoperability. DuckChain plans to simplify interactions with the blockchain, targeting mass adoption across the Telegram user base. A token generation event (TGE) and listing is scheduled for early Q1 2025, with further announcements on airdrop and snapshot dates to come. DuckChain’s initiatives aim to bridge Web2 and Web3, making blockchain accessible to billions.