A new managing director has been appointed to the Sui Foundation by Christian Thompson

Christian Thompson is the new managing director of Sui Foundation.

"Mainstream adoption of decentralized technology has never been more obtainable," said Raoul Pal, CEO of Real Vision and a Sui Foundation Board Member, in a statement released Thursday. The next billion people to use cryptocurrency will likely start with Sui, in my opinion. Christian will have the power to make that dream a reality in his role as managing director of the Sui Foundation.

In a statement, Meta claimed that Thompson was a "early member" of the blockchain Diem project, which ultimately failed. Prior to that, Thompson worked at Mysten Labs. Evan Cheng, co-founder of Mysten Labs and a former employee of Meta, is the primary creator of the Sui network.

Thompson takes over for Greg Siourounis, who has been with the Sui Foundation from its start in 2023 and has been the managing director.

Read today's top stories and commentary on the digital asset ecosystem to set the tone for the day.

"In less than two years, due to its scalable and accessible design, Sui has grown into a top destination for millions of crypto users," Thompson pointed out. We are at a crossroads where billions more people will be able to enjoy web3's advantages... Engaging developers, expanding the community, and presenting Sui as the portal to the digital future of the globe are all things I eagerly anticipate.

An alternative to Ethereum and Solana, Sui is a proof-of-stake Layer 1 blockchain.

#GrayscaleSUITrust #MarketCorrectionBuyOrHODL? #FullMarketBullRun #MarketPullback $SUI $BTC $ETH

Bitcoin, Ethereum Fall After Powell Speech

Bitcoin and Ethereum are falling after Federal Reserve Chairman Jerome Powell said in a speech that the Fed is not contemplating Bitcoin and cannot acquire it.

The Federal Reserve lowered the federal funds rate by 25 basis points to 4.25%–4.5% yesterday. Chairman Powell said after the rate decrease, stating, “The US economy is growing at a healthy 2.5% pace, unemployment is low, but the inflation forecast is higher, and there is uncertainty.”

Fed Chair Powell Skips Bitcoin Reserve Talks:
When questioned about Bitcoin reserves, Powell said, “We can’t own Bitcoin. We don't want much change. Congress should examine that.”

After Powell's hawkish speech, Bitcoin went below $100,000, down 5% in 24 hours, while several altcoins plunged more than 10%. In 24 hours, $709 million was liquidated, including $612 million in long orders.

Bitcoin and Ethereum plummeted after Powell's speech. Bitcoin has fallen 4.23% to $100,671 after hitting an all-time high of $108,239 on December 17. Bitcoin's 24-hour trading volume rose 42% to $99.52 billion, while its market worth declined 3.87% to $1.99 trillion.

Ethereum also experienced ripples. After falling 5.10% yesterday, Ethereum is presently $3,659. Its market worth fell 5.22% to $440.81 billion. Ethereum's 24-hour trading volume rose 49.27% to $52.45 billion.

Several cryptocurrencies plunged more than 10% after Powell's aggressive remarks. In 24 hours, $709 million was liquidated, including $612 million in long orders.

Powell also said that although the job market is cooling, the Fed does not think further cooling is needed to lower inflation. He stressed that labor market conditions are robust, albeit less tight than in 2019, and that unemployment has risen but remains low.

#FranklinCryptoETF #BTC #ETH #FullMarketBullRun #Fed25bpRateCut $BTC $ETH

Binance Alpha's First 5 Tokens: KOMA, CHEEMS, APX, ai16z, AIXBT

First five projects on Binance Alpha: KOMA, CHEEMS, APX, ai16z, AIXBT.

Later today, the site will feature 5 tokens: 3 on Ethereum, 1 on BNB Chain, and 1 on Solana.

New Binance platform highlighting exceptional Web3 applications launched today with five coins. Five early-stage startups on Binance Alpha are worth watching.

First 5 Binance Alpha Tokens
The first five Binance Alpha tokens are:

1. KOMA INU

KOMA's price rose almost 5% when Binance Alpha listed it. KOMA rose from $0.1 to approximately $0.13 before falling to $0.11.

BNB token KOMA is dog-themed. To start the month, the project revealed that KOMA is the first memecoin to create its website 100% on-chain.

2. Cheems

After listing on Binance Alpha, Cheems' market value rose from $189 million to approximately $204 million. After the increase, CHEEMS' market worth decreased to $180 million then rose to $191 million.

Cheems is a BNB Chain currency referencing the legendary Shiba Inu. BNB Chain announced $50,000 in BNB liquidity to CHEEMS and HMC yesterday.

October's $100,000 USD donation to local animal shelters by Cheems was significant.

3. APX

APX rose over 7% today after debuting on Binance Alpha. The coin's market worth rose from $98 million to over $103 million, then plummeted to $81 million before reversing about $96 million.

APX Finance is a decentralized BNB Chain crypto derivatives exchange. Two days earlier, APX reported $340.9 billion in trading activity, including $743 million in the prior week.

4. ai16z

After debuting on Binance Alpha, ai16z's market value rose from $8067 million to $930 million. Coin prices rose over 6% today to $0.85.

5. AIXBT via Virtuals

Over 11% rose in AIXBT today. The coin's market worth rose from $200 million to $245 million before falling to $231 million.

#BinanceAlphaAlert #FullMarketBullRun #MarketCorrectionBuyOrHODL? $BTC $ETH $BNB

Hedera: A Verifiable AI Computer from NVIDIA and Intel

In order to meet the requirements of the European Union's artificial intelligence rules, some sources have indicated that industry leaders Intel and NVIDIA would include the Hedera blockchain, also known as a hashgraph, into their chip production processes going forward.

EQTY Lab, Intel, and NVIDIA have launched Verifiable Compute, a hardware-based solution that aims to improve AI systems' trustworthiness and verification capabilities.

For completely unhackable and traceable AI data and calculations, the idea puts faith in the silicon of next-gen hardware.

🚨NEWS FLASH: As a result of EU AI laws, it is quite probable that NVIDIA and Intel will include $HBAR technology into each of their processors in the future.

Verifiable Computing using Hedera Hashgraph

To provide cryptographic certificates that control and audit AI processes, Verifiable Compute will use safe hardware infrastructure. The Hedera network will serve as the foundation for these certifications, making them part of an unchangeable record of AI calculations.

The release states that there are several advantages to the integration:

Permanent Record-Keeping: The Hedera network logs every AI calculation, making sure that no one can alter the history of AI activities.

The Hedera ledger binds smart contracts to hardware, allowing for the orchestration of work across different AI protocols to happen without a hitch.

With Hedera's decentralized architecture, Verifiable Compute improves governance and compliance by making sure that corporate rules and regulatory requirements are met in different countries.

New AI laws throughout the world, such as the EU AI Act, are in line with this partnership. In addition, it helps businesses automate AI audits and enforce governance norms according to local regulations.

#Nvidia #MarketPullback #FullMarketBullRun #MarketCorrectionBuyOrHODL? $BTC $ETH $XRP

$BTC rebounds somewhat after Fed rate reduction sell-off

Bitcoin climbs to $102,000 on Thursday after falling 5.5% owing to the Fed's aggressive rate-cut

Recently, whales, businesses, and institutional investors purchased BTC declines.

The Bitcoin NPL indicator suggests profit-taking, so traders should be careful.

Bitcoin climbs to $102,000 on Thursday after falling 5.5% the day before. Whales, businesses, and institutional investors bought more BTC during recent falls. Bitcoin's Network Realized Profit/Loss (NPL) measure suggests profit-taking, therefore traders should be careful.

Whales, businesses, and institutional investors purchase Bitcoin below $100K.

Bitcoin climbs to $102,000 on Thursday after falling 5.5% the day before.

The Fed's aggressive rate-cut decision at Wednesday's FOMC meeting spurred Bitcoin's recent drop. As predicted, the Fed decreased the federal funds rate to 4.25% to 4.50% but projected a slowing in rate decreases in 2025, lowering riskier assets like Bitcoin.

Whales and corporations bought more Bitcoin despite its recent drop below $100K. Lookonchain data shows Marathon Digital (MARA) added 1,627 BTC worth $166 million on Wednesday. After the price drop, three whale wallets acquired 1,153 BTC worth $120 million.

Hut 8 Corp (HUT), an energy infrastructure and Bitcoin miner, bought 990 BTC worth $100 million at $101,710 each on Wednesday. Hut 8 now possesses 10,096 BTC worth over $1 billion in its strategic Bitcoin reserve, including the Bitcoin held before this transaction.

Institutional demand is high. On Wednesday, Coinglass reported $272.30 million in Bitcoin spot Exchange Traded Funds (ETF) inflows, extending its run from November 27. The influx pattern would buffer Bitcoin price decreases if it continues or escalates.

Bitcoin Price Forecast: BTC rebounds at $100K support.
Bitcoin fell 5.5% on Wednesday, hitting $100,000 and finishing close over $100,200. BTC fell below $100k in the early Asian session on Thursday but recovered to $102,000 in the European session.

#MarketPullback #Fed25bpRateCut #FullMarketBullRun

Ethereum Hits 1-Year Low, Analyst Predicts Massive Run

Ethereum (ETH) sentiment has dropped to its lowest level in a year as the second-largest crypto by market capitalization attempts to recoup $4,000. Despite investors' mood, some experts believe the King of cryptocurrencies will resume its bullish run to new highs.

While trying to break $4,000 barrier, crypto expert says Ethereum social sentiment has dropped to a one-year low. The publication said that this measure hit its lowest point since December 18, 2023, when ETH traded around $2,100-$2,200.

The analyst called this a “classic bullish indicator,” adding that ETH's price rebounded 30% in the weeks after emotions reached “rock bottom” a year ago. ETH reached $2,700 on January 12, a significant landmark in its run to $4,093 in March.

Ethereum may rise to $4,900-$5,000 in the next month if it follows the similar path, converting the next large resistance level into support in two weeks.

Martinez said the crypto's rise would restart after ETH breaks $4,100, a level not seen since December 2021. After recovery, “$6,000 will become a magnet.”

After hitting $4,000 this month, the second-largest crypto has failed to gain support.

Ethereum rose to $4,100 before retracing to $3,900 and then to $3,800 as BTC traded beyond $107,000. Weekly and monthly gains for ETH are 2.3% and 22.6%, respectively, notwithstanding the drop.

Will ETH Pass $4,000 This Month?

Altcoin Sherpa said ETH is “roughly at the same spot that BTC was at around 70K,” and hasn't “materially broken this level for years.” ETH has been rejected from $4,000 multiple times in the previous three years but reached its ATH in 2021.

It may reach its $4,800 ATH before reaching its initial price discovery goal of $5,000 if it followed Bitcoin's lead. The expert also said December and January are Altcoin's “best times”.

However, Sherpa predicted a “final shakeout” before the ETH/BTC pair rose “up for a few weeks/months.” The token must surpass its recent 0.041 high.

#ETH #MarketPullback #Fed25bpRateCut $ETH $BTC

Russian Bank T-Bank to Offer ‘Blockchain Token Investment’

The Russian banking behemoth T-Bank (previously Tinkoff Bank) will develop blockchain-powered token “investment” products.

RBC claimed that T-Bank's new range is their “entry into the digital financial assets market”.

The bank expects its blockchain-powered token “products” and “a fully fledged infrastructure for trading” to be accessible to ordinary investors by 2025.

Large Russian Bank Enters Blockchain
Atomyze, a Moscow-based blockchain-focused company financed by Norilsk Nickel, will collaborate with the bank.

T-Bank received DFA launch license from the Russian Central Bank in March.

In recent months, T-Bank competitors Sberbank and Alfa-Bank have entered DFAs.

T-Bank confirmed that premium clients may trade DFA before year's end.

A broad deployment will begin in early 2025. The bank calls its new products “smart assets,” using blockchain and smart contracts.

According to the bank, this would “reduce costs and create fundamentally new products” that “are not currently available on the traditional finance market.”

T-Bank claimed that investors would have “access to a full-fledged secondary market” with “market makers and constant liquidity.”

What Are Russian DFAs?

Russian law defines digital financial assets (DFA) as tokenized physical and financial assets.

They employ blockchain technology but not public blockchain networks, therefore they are not RWA.

Instead, issuers construct and distribute them on private blockchains under Central Bank oversight.

T-Bank stated its first range contains “eight pilot instruments” with “a declared potential yield of up to 27.5% per year.”

They'll be released on Atomyze. In March, the US sanctioned Atomyze and Lighthouse, another DFA issuer.

#Russia #MarketPullback #FullMarketBullRun $BTC $ETH $SOL

ETFs and companies are driving Bitcoin's institutional acceptance

The introduction of Bitcoin spot ETFs in January 2024 was a watershed moment in the cryptocurrency's institutional acceptance. To avoid the complications of direct ownership, these ETFs have made Bitcoin exposure available to institutional and ordinary investors in a regulated way.

Eleven Bitcoin-related exchange-traded funds (ETFs) had more than one million Bitcoin at the end of the year. This amounted to five percent of the 19.79 million Bitcoins in circulation and four and a half percent of the entire 21 million Bitcoins in circulation. This exemplifies strong demand from institutions and further establishes Bitcoin's place in conventional finance.

According to Darius Sit, Founder & Chief Investment Officer of QCP Singapore's digital assets business, "I have never been more bullish on Bitcoin" (FXStreet, exclusive interview translation).

According to him, Bitcoin is making a big splash in more conventional markets, especially when it comes to loan finance. Equity finance is beginning to influence the way nations, businesses, and people plan for the future and access capital, according to Sit.

In 2024, there was a boom in both institutional and corporate interest in Bitcoin. The artificial intelligence (AI) cloud analytics firm MicroStrategy (MSTR) increased its Bitcoin holdings from 189,000 BTC at the beginning of the year to 423,650 BTC, firmly establishing itself as the biggest corporate holder of Bitcoin.

Companies including Riot Platforms (RIOT), Marathon Digital (MARA), Galaxy Digital Holdings (GLXY), Tesla (TSLA), and others have followed MicroStrategy's lead and adopted Bitcoin accumulation techniques, indicating a rising interest in Bitcoin among corporations. The rationale behind the decision was to hold onto the asset for the long haul and use it as a buffer against potential macroeconomic downturns.

Big sellers like the US and German governments, as well as the now-defunct Mt. Gox exchange, were protected by these institutional needs and the army of corporates.

#BTC $BTC

Bitcoin Exchange Reserves Fall to Record Low, Could $120K Come?

Bitcoin has reached new highs in recent weeks due to positive momentum. Recent study suggests that this momentum is not random as it occurs amid massive behind-the-scenes actions.

Recently, Bitcoin reserves plunged to a record low of 2.4 million, suggesting a “supply shock” that has boosted Bitcoin's price.

This decline in exchange reserves and robust demand have produced a bullish climate that might lead to price hikes.

Supply Shock Ahead

A gradual fall during 2024 led to the present levels, indicating a change in investment behavior. Baykus stated that institutional investors have adopted long-term holding strategies, withdrawing assets off exchanges. Analyst added:

Institutional investors have increasingly adopted the “hodl” method, showing significant confidence in Bitcoin's future.

Bitcoin's price started the year around $40,000 and accelerated in November to over $100,000, peaking at $104,000. The Baykus wrote:

Bitcoin's limited supply and dwindling reserves are optimistic for the market. Bitcoin may set new milestones in late 2024 and early 2025 if investors price in the supply shock.

This measure follows Coinbase activity, one of the region's main exchanges, and has been used to anticipate short-term price swings. Over the last two weeks, the Coinbase Premium Index and Bitcoin's price have diverged, raising worries.

#MarketPullback #Bitcoin110KNext? #FullMarketBullRun $BTC $ETH

DOGE and PEPE target important areas

After falling more than 10% this week, Dogecoin and Pepe prices retest their critical support level on Thursday.

DOGE and PEPE may be bought by sideline investors near support levels.

Momentum indications suggest weakness in both memecoins, so traders should be careful.

After falling more than 10% this week, Dogecoin (DOGE) and Pepe (PEPE) prices retest their critical support level on Thursday. Sideline investors may buy dog- and frog-themed memecoins at support levels for a rebound surge.

Dogecoin price may rebound.
Dogecoin hit an annual high of $0.48 on December 8 then fell 23% in the next 10 days. DOGE retested the 50-day EMA at $0.35 on Tuesday. This level is about the 61.8% Fibonacci retracement level from the November 3 low of $0.14 to the December 8 high of $0.48 at $0.35, making it a crucial reversal zone. It rebounds marginally to 0.36 on Thursday.

Sideline investors may buy dog-themed memecoin for $0.35.

DOGE might rebound 13.5% to touch its Tuesday high of $0.41 if the $0.35 support level holds.

If DOGE fails to establish support at $0.35 and closes below $0.34, it might fall 7% to $0.31, its next support level.

PEPE pricing is encouraging

Pepe price hit a new ATH of $0.000028 on December 9 and fell 26.6% in the next nine days. On Thursday, it retests the 50% price retracement mark from its November 4 low of $0.000007 to its ATH of $0.000028 at $0.000018. This level is a critical reversal zone since it matches the daily support level of $0.000017.

Sideline investors may buy frog-themed memecoin for $0.000018, like DOGE.

Should PEPE rebound off $0.000018, it might recover 28% to $0.000024, its Monday high.

If PEPE fails to find support at $0.000018 and closes below $0.000017, it might fall 6.8% to retest its weekly support level at $0.000016.

#PEPE #DOGE #MarketPullback #FullMarketBullRun $PEPE $DOGE $BTC

Michael Saylor Wants ‘Intelligent Leverage’ to Boost MicroStrategy’s Bitcoin Strategy

MicroStrategy Inc. co-founder and chairman Michael Saylor intends to increase shareholder “intelligent leverage”.

Saylor discussed the company's capital structure optimization strategy with Bloomberg Television.

“We have $7.2 billion in convertible bonds, with $4 billion as equity through the strike and call price.”

“These convertibles have a nearly 100% delta, like equity. We want to develop smarter leverage for our common stock shareholders.”

The corporation raised $42 billion to buy and keep Bitcoin this year, accelerating its unusual strategy.

Due to this, its stock has risen 500%, beating Bitcoin's 150% increase.

MicroStrategy may leverage its position due to rising fixed-income securities demand.

Despite doubts about its strategy, MicroStrategy's market valuation is above $90 billion.

This development has earned the business entry in the Nasdaq 100 Index, which could boost institutional interest.

Bloomberg Intelligence reports that investors that monitor the tech benchmark index may buy over $2 billion in MicroStrategy shares after its inclusion on Friday.

Bitcoin's Unprecedented Rally Brings MicroStrategy's Market Cap Nears $100 Billion

This year, Bitcoin has risen 120%, reaching $100,000, and roughly 40% in the previous month.

MicroStrategy particularly benefited. Since 2020, the corporation has bought 386,700 BTC for $21.9 billion, valued $37.6 billion.

MicroStrategy added 249,850 BTC in 2024, exceeding Marathon Digital's 40,435 BTC by 985%.

MicroStrategy's market valuation is around $100 billion, placing it among significant U.S. corporations if Bitcoin rises.

Saylor just reported a 46.4% quarterly yield and 72.4% year-to-date return. On December 9, the company bought 21,550 BTC.

An annual $100 billion Bitcoin investment might add approximately $5 trillion to Microsoft's market worth, he said. The majority rejected the idea at the recent annual shareholder meeting.

#MicroStrategу #Saylor #FullMarketBullRun $BTC $BNB

Dogecoin Bulls Hold $0.35 Support Level—When Will DOGE Hit $1?

Dogecoin (DOGE) fell 9% on Wednesday as risk assets fell after the US Federal Reserve announced a more hawkish stance.

The Fed decreased interest rates by 25bps but defied forecasts for fast rate reduction in 2025.

After a robust surge in recent weeks after Donald Trump's election in early November, some fear a further pullback.

The $0.33-35 level has been important for Dogecoin since mid-2021. If this level falls, Dogecoin might plummet below its early 2024 highs of $0.23.

Dogecoin investors should be bullish about 2025 despite a short-term market downturn.

These variables indicate enormous price rise for key cryptocurrencies, including Dogecoin, the most popular joke currency.

Second, Elon Musk's new Department of Government Efficiency (D.O.G.E.) is called after Dogecoin, linking it to the Trump administration.

Musk has long supported Dogecoin. The world's biggest meme currency will likely maintain its market share while Musk's D.O.G.E. makes headlines, for better or worse.

If Bitcoin reserves are built and the crypto business expands in the future years, Dogecoin may achieve $1 sooner rather than later.

This question may be answered by comparing Dogecoin to Bitcoin during the previous three market cycles.

Even when Bitcoin (BTC) started a new price discovery period in April 2017, December 2020, and November 2024, Dogecoin has remained considerably below its record highs.

No difference this time. However, Dogecoin only needed 1-3 months to catch up and reach record highs in the prior two market cycles.

If history repeats itself, DOGE might breakthrough in early 2025 and approach $1 rapidly.

#DOGE #MarketPullback #FullMarketBullRun $DOGE $ETH $BNB

Seeing $MOVE surpass $2 in the coming weeks would not be surprising. Recent market activity and investor sentiment indicate a potential upward trend for $MOVE , driven by increasing adoption and interest in the project. Analysts predict that if this momentum continues, breaking the $2 resistance level is within reach. As the market dynamics shift and positive sentiment grows, #MOVE could be one of the standout performers in the near term.

XRP Drops to Key Support: Can It Turnaround?

Below $2.350, XRP fell again. Price retested $2.20 support and is trying to rebound.

After $2.720, XRP fell again.

The price is below $2.50 and the 100-hour SMA.

On the hourly XRP/USD chart, a negative trend line connects to resistance at $2.45.

If $2.40 barrier is broken, the pair may rise again.
XRP Falls At $2.20, XRP price declined after failing to rise beyond $2.50, similar to Bitcoin and Ethereum. It fell below $2.45 and $2.40.

Price dropped almost 5% and fell below $2.320. Finally, the price broke $2.20. Price is reversing losses after a low of $2.171. Price rose over $2.250.

The price broke the 23.6% Fib retracement barrier of the $2.720 swing high to $2.171 low decline. The price is below $2.50 and the 100-hour SMA.

Price may find resistance at $2.40 on the upside. The first major resistance is near the $2.450 level. There is also a connecting bearish trend line forming with resistance at $2.45 on the hourly chart of the XRP/USD pair. The trend line is at the 50% Fib retracement level of the $2.720 swing high to $2.171 low decline.

The $2.50 resistance follows. A clear move above the $2.50 resistance might send the price toward the $2.55 resistance. Any more gains might send the price toward the $2.620 resistance or even $2.80 in the near term. $3.00 may be the bulls' next challenge.

Dips supported?
XRP may fall again if it fails to break $2.40. Initial support on the downside is near the $2.25 level. Near $2.20 is the next important support.

If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.20 and $2.050.

Major Resistance Levels – $2.40 and $2.450.

#MarketPullback #FullMarketBullRun #Bitcoin110KNext? $BTC $ETH $XRP

Crypto market falls as Fed hawkishly cuts rates

To lower rates twice in 2025, the Fed was hawkish.

Solana, Dogecoin, and XRP lost almost 10%.

The previous 24 hours saw approximately $700 million in crypto liquidations.

Bitcoin and the crypto market fell on Wednesday as the Federal Open Market Committee (FOMC) slowed rate reduction in 2025, lowering the benchmark federal funds rate to 4.25% to 4.50%.

Fed's rate decision clouds crypto surge
The Fed decreased the federal funds rate by 25bps on Wednesday, dropping it to 4.25% to 4.50% after the December meeting.

Market expectations were met by the 25-basis-point rate decrease. Crypto prices fell after the Fed's announcement.

This is because the market response may be related to 2025 rather than the December rate drop.

Fed Chair Jerome Powell said the apex bank reduced anticipated cuts from 4 to 2 in 2025. The crypto market sold down since this signals a more hawkish view for the coming year.

Additionally, the Fed boosted its 2025 PCE inflation forecast from 2.1% to 2.5%, suggesting inflation may rise in the next year.

As investors expect adverse market activity next year, it may potentially hurt the crypto market's bull rise.

Bitcoin fell 5.4% to $100,314 after the statement, reducing the crypto industry's market value by $200 million.

Most major cryptocurrencies fell with Bitcoin, including Ethereum, which fell over 6% in 24 hours.

Other tokens including XRP, Solana, and Dogecoin fell 10%, 7%, and 9%.

The latest downturn prompted $675 million in liquidations in 24 hours, with Bitcoin and Ethereum seeing extended liquidations of over $100 million apiece.

After the Fed announcement, the S&P 500 dropped dramatically, demonstrating a strong link between crypto and equities.

#Fed #MarketPullback #Fed25bpRateCut #FullMarketBullRun $BTC $ETH $XRP

Increased Whale Transactions Show Cardano Confidence

Recent Cardano price rejections include $1.1. In the previous three months, Cardano broke over $1 for the first time since early 2022 and peaked at $1.3 on December 3, 2024.

After holding over $1 since then, Cardano has dropped 3.77% in the previous 24 hours along with the crypto market. According to on-chain statistics, the dip has provided crypto whales another chance to buy more.

Increased Whale Transactions Show Cardano Confidence
A rise in Cardano whale activity has sparked another spirit of accumulation among holders, according to noted crypto analyst Ali Martinez on X. Martinez stated that 687 $1 million transactions were registered in the preceding 24 hours, indicating growing interest from major investors.

Cardano whale activity dropped from 894 transactions on December 2, when it achieved its 2024 top of $1.3, to 240 transactions between December 8 and 12.

Whale activity is a key indication of network performance and pricing forecast. Whale activity might indicate whales selling, while market mood suggests accumulation. The rise in whale activity also shows sustained optimism about the cryptocurrency's valuation.

Cardano has fallen to retest $1 after the $1.11 rejection. Cardano (ADA) is now trading at $1.03, but it might fall more.

However, the rise of whale transactions might boost the cryptocurrency owing to its counterbalance to selling pressure.

A final break over $2 may be possible before the year ends. Reaching the $2 price objective, 94% over its current price, would need crypto market bullishness. Changelly crypto experts predict a year-end ADA price of $1.15, which is more conservative.

However, Cardano has more than quadrupled in value in six weeks and might resume its trend towards $2 if bulls can stay above $1.

#Cardano #ADA #FullMarketBullRun #MarketNewHype $ADA $XRP $SOL

Will Dogecoin Price Rise When Elon Musk Becomes DOGE Chair in January 2025?

Dogecoin (DOGE) has soared in recent months. Dogecoin has risen 249.21% in the last 60 days, illustrating its growing popularity. Its 24-hour trading volume is $3.6 billion and its current price is $0.4113. Dogecoin's next turning moment was Elon Musk's appointment as DOGE Chair in January 2025, which many believe will launch it to new heights.Some predict Dogecoin will reach $5 once he takes power.

Kaia: The First Web3 Framework for Over 250 Million Users Across Asia

Kaia is a consisting public blockchain focused on deploying web3 experiences to hundreds of millions of people in Asia. The integration of the Klaytn by Kakao and Finschia by LINE chains made Kaia the largest web3 ecosystem in Asia. Coupled with the integration are the active user bases of Kakaotalk and LINE messengers which have over 250 million active users.

What is unique with Kaia is the combination of web2 and web3, or rather the ease of use with the innovation. Users can then, within the scope of their messaging apps, enjoy dApps, create assets or make use of the blockchain.

Thanks to that, this frictionless experience takes Web3 further without being encumbered by the tenuous journey associated with learning blockchain tech. We can connect, create, and contribute to the ecosystem in as easy, user-friendly manner as any typical Web2 application.

With molding Kakaotalk and LINE into Kaia, users are made to work and create with ease. This ecosystem does not only increase the pace of adoption of the blockchain within Asia, but also enables businesses, developers, creators and everyone in between to reach out to millions of people.

Kaia is changing the very idea of interaction in the digital age by making Web3 easy and ubiquitous throughout Asia.

#RideTheKaiaWave @Kaia Chain #DOGE #ElonMusk $DOGE $KAIA

PEPE Whale Moves 2.1 Trillion Tokens Worth $52 Million

A dormant whale wallet transferred 2.1 trillion PEPE tokens worth $52 million on December 14, 2024. After 600 days of inaction, this massive transfer has sparked conjecture regarding a meme coin price hike.

Analysts are closely watching PEPE, expecting a comeback to $0.00005 or higher.

Whale Activity May Increase
The cryptocurrency market's whale behavior is significant because huge transfers might indicate asset trust or foretell price fluctuations.

Historically, such movements preceded big price spikes. The whale who made this transfer bought the tokens for 0.0135 ETH (approximately $27), earning 1.9 million percent.

PEPE is expected to rise fast to $0.000036 if it breaks past $0.00002810 barrier.

Technical data supports optimism. The 10-Day Moving Average represents short-term resistance around $0.00002442, while the 50-Day is key support.

The Relative Strength Index (RSI) is 54.4, indicating neutral momentum with potential for growth. The MACD also indicates bullish activity, suggesting a price gain is imminent.

Whale behavior is rising as the bitcoin market improves. This is particularly true when Ethereum (ETH) approaches $4,000.

Other cryptocurrencies, including joke coins like PEPE, have flourished alongside ETH. Analysts are comparing whale actions to earlier this year before PEPE's price rose.

If PEPE continues its pace and smashes key resistance levels, analysts expect it to hit $0.000058 or $0.0001 under favorable market circumstances. Investor interest and market trends are needed to achieve such ambitious aims.

#PEPE PriceCorrectionOrDip? #FullMarketBullRun #MarketNewHype $PEPE $DOGE $SHIB

Fed drops rates 25 basis points as crypto market loses more

Fed drops rates by 25 basis points as economists forecast fewer cuts in 2025 and crypto market falls amid de-risking before Trump's administration.

The Fed cut its benchmark interest rate by 25 basis points despite conflicting economic signs.

Ethereum and Solana lost more than Bitcoin, which fell 4%.
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The Federal Reserve reduced its benchmark interest rate by 25 basis points to 4.25%-4.5% amid conflicting economic data.

The rate is a full percentage point lower than in September, when authorities started lowering rates.

GDP growth is expected to reach 2.5% in 2024 and fall to 2.0% by 2027, according to the Federal Reserve.

Unemployment is forecast to grow to 4.3% in 2025, while PCE index inflation is projected at 2.4% for 2024 and 2.5% for 2025, over the Fed's 2% objective.

Crypto traders lowered risk exposure before the Fed statement, causing widespread falls.

Bitcoin fell 4% from its annual top of almost $108,000 yesterday, bringing the crypto market down 5% in 24 hours.

Ethereum fell 5% and Solana 6% from their weekly highs of $4,100 and $230, respectively.

Analysts are waiting for President-elect Donald Trump's tariff and deportation proposals to be implemented before anticipating the Federal Reserve's next actions for the year.

Many economists expect just two rate decreases in 2025.

The “Trump trade” has occurred in the crypto market since Trump's November 6 election, with Bitcoin rising over 50% and certain altcoins over 200%.

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