🚨 XRP is back in the spotlight! In November 2024, the token showed a growth of 297%, reaching $1.95 — a seven-year high. Analysts predict further growth to $6.60 but warn of potential risks. Interest in XRP is increasing: wallets have accumulated $1.6 billion in three weeks, and open interest in the futures market reached a record $3.99 billion. Be cautious and stay updated with the news!
The US government transferred over $1.9 billion in BTC seized from Silk Road to a Coinbase Prime wallet. 🧐
- 19,800 BTC were moved in December, according to Arkham Intelligence. - The coins were seized from James Zhong in 2021. - It is unclear whether authorities plan to sell or trade the BTC. - Senators propose creating a "strategic bitcoin reserve." - Coinbase Prime is collaborating with US Marshals to store such assets.
📉 Bitcoin is again below $95,000, but this has attracted buyers. Despite the recent increase, major holders like MicroStrategy and MARA Holdings continue to accumulate stocks. Traders are hopeful for a rise in December, but the $100,000 level remains a serious resistance. Question: will Bitcoin continue to rise or will it shift to consolidation, turning attention to altcoins? Analysts advise caution.
- The cryptocurrency exchange Coinbase has withdrawn its application to enter the Turkish market, according to documents from the Capital Markets Board of Turkey. - The reasons remain unclear, but the company has requested liquidation. - Turkey is one of the largest cryptocurrency markets, ranking 4th in trading volume. - Despite this, many companies, including Coinbase, are abandoning their plans.
🇧🇷 Brazil is considering a ban on the withdrawal of stablecoins to self-custodial wallets as the real falls against the dollar. The central bank proposed to limit stablecoin transfers, such as USDT, to strengthen control over the market. This is part of the regulation being discussed until 2025. Brazil is the second-largest stablecoin market, and many link these measures to the depreciation of the real.
• XRP has returned to third place in market capitalization, surpassing USDT and BNB. • After Trump's victory in the elections and successes in the court against the SEC, the price of XRP soared by 341% in November. • Google searches for XRP have even exceeded "crypto". • But can XRP surpass ETH? The market cap difference is currently 219%.
Stay tuned for updates, the market is full of surprises!
📉 Bitcoin (BTC) starts December with hopes of $100,000, but it hasn't reached that yet. November 2024 became record-breaking for dollar gains in a month. Traders are wondering when BTC will hit six figures, but the price is currently hovering around $95,000. The Fed is preparing for a decision on interest rates, while the market remains stable. The SOPR "golden cross" hints at a possible sharp increase. We are monitoring the developments!
DMM Bitcoin, a Japanese cryptocurrency exchange, is preparing for liquidation after losing $320 million in BTC due to a hack in May. The company was unable to recover and plans to transfer client assets to SBI VC Trade by March. 🚨
• The hack led to the leakage of over 4500 BTC. • DMM promised to compensate for the losses, but the efforts were unsuccessful. • This is the second largest hack in the region after Coincheck in 2018.
Centralized exchanges continue to face security issues.
📉 XRP is on the rise, but caution is advised! Analysts warn of a possible "pump effect" due to a sharp increase in open interest by 37%. In the past, this has led to a decline of 17%. XRP is currently trading at $2.39, having risen by 370% in a month. Despite successes, such as surpassing Solana and Tether, and rumors of Musk's investments, it's important to manage risks. Stay alert!
Ripple's XRP has surpassed Solana in market capitalization, becoming the fourth largest cryptocurrency! 🚀
- XRP reached a seven-year high of $2.19, thanks to new partnerships and rumors of possible investments from Elon Musk. - In November, Ripple Labs' activity is off the charts: ETF applications, fund tokenization, and new products. - Expectations are high, but the market remains cautious.
📉 Bitcoin is stuck below the $100,000 mark, but the bulls are not giving up, awaiting a rise. Analysts predict that BTC could reach $110,000 by January. Meanwhile, traders' attention is shifting to altcoins as Bitcoin's dominance declines. Shiba Inu and Filecoin are showing signs of growth, but the bears are not sleeping. Be careful, the market may have surprises in store!
- The Democratic Party of South Korea has agreed to a two-year postponement of the capital gains tax on cryptocurrencies. - The tax was initially planned to be implemented in 2021, but its introduction has now been postponed until 2027. - The ruling party claims that rapid taxation could deter investors.
🔍 Bitcoin Loses Dominance, Opening the Door for Altcoins! 📉
- Bitcoin's share of the crypto market has fallen to 56.1%, signaling the start of the "alt season." - Investors are switching to altcoins like Ethereum (ETH), which has seen a 160% increase in demand since Trump's victory. - XRP could reach $2.57 in December, especially with the potential launch of an ETF. - SEC Chairman Gary Gensler's departure on January 20 could boost the crypto rally in 2025.
📉 The popularity of meme coins is putting pressure on cryptocurrency exchanges, forcing them to filter out questionable projects. Binance's marketing director, Rachel Conlan, emphasized the importance of thorough project vetting and community involvement. Although meme coins are often criticized for their lack of utility, Conlan believes that new projects with real use cases can change the situation. It's important to focus on innovation rather than hype.
📉 XRP is back in the spotlight! The price has reached a new high of $1.68, but be cautious: the market may be on the verge of a reversal. Active accounts have increased by 100%, but trading volumes are declining, which may indicate a distribution phase. Analysts warn of a potential correction, despite the optimism surrounding partnerships and new products. Keep an eye on trends and make informed decisions!
🚨 The crypto market is on the brink! Bitcoin has surged above $98,500, but will it be able to break the psychological barrier of $100,000? 🧐 Analysts warn of a potential trap for bulls. Ethereum is aiming for $4,000, but the bears are not giving up. Altcoins remain unstable until Bitcoin breaks $100,000. Stay tuned for updates and be careful in the market!
📉 The crypto market is going through difficult times: investors are waiting for proven cases for sustainable growth. The tokenization of real assets, such as real estate and air rights, is gaining momentum, but trust in Web3 is still in question. Modular encryption and zkFHE promise data security, but for now, these are just experiments. The time for new solutions has come, but will it be enough to attract serious investors?
- BTC futures on CME reached $100,200, but the spot price is still lagging at $98,600. - Trading volumes increased after Thanksgiving, but sellers continue to pressure the market. - Trader Horse refers to the $100K level as a "fortress," where many prefer to take profits. - Short liquidations at $55 million show that bulls need to put in more effort to break through.
🚨 The crypto world is in turmoil again! SlowMist has identified over 8,620 suspicious Solana addresses linked to the DEXX hacker. The losses amount to around $30 million, making it the second-largest hack in November. DEXX is trying to negotiate with the hacker to return the funds by offering a reward. While hackers continue to attack, the total losses for the year are down 15% compared to 2023.