PEPE is expected to rise amid record-holders and whale activity.
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.
Ethereum Whale Moves $11.37 Million to Kraken Amid Price Struggles
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.
China's central bank report on global digital currency regulations released
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 to Start Paying $16 Billion to Creditors in January 2025
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.
Dormant Bitcoin Whale Owning 357 Bitcoin Wakes Up After 11 Years
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.
Bitcoin and Solana Price Predictions for 2025 by InvestAnswers
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's David Schwartz Denies Being a Billionaire Amid XRP Rally
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's clean energy usage exceeds 50%, Tesla payments could be accepted
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.
BNB Leads Top 10 Cryptocurrencies with Huge Gains in 24 Hours
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 Analysis for the Coming Year 2025: Future Outlook
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.
USDT will be delisted from European exchanges on December 30, 2024
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 Raises $9.8 Million as Pre-Market Auction Ends on January 1, 2025
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.
#BitwiseBitcoinETF Watching a growing trend, Bitwise Bitcoin ETF is one of the leading options in the market. In this article, we will provide a comprehensive analysis of these funds, their opportunities, and their risks.
Bitwise Bitcoin ETF Features 1. *Direct exposure to Bitcoin*: Allows investors to benefit from the fluctuations in Bitcoin’s price. 2. *Ease of investment*: Shares can be purchased on the stock exchange like traditional stocks. 3. *Risk reduction*: Provides diversification for investment portfolios. 4. *Transparency*: Provides regular reports on assets and operations. 5. *Secure storage*: Uses secure storage technologies to ensure asset protection.
Top Cryptocurrencies of 2024: Meme Coins and AI Tokens Lead with Gains of Up to 23,079%
2024 has seen significant gains in the cryptocurrency market, with meme coins and AI-based tokens leading the way. Virtuals Protocol (VIRTUAL) saw a notable increase from $0.01311 to $3.04, translating to a gain of 23,079%. Brett (BRETT) and Popcat (POPCAT) also saw significant growth, with increases of 14,784% and 10,459%, respectively. Seven of the top ten gainers were meme coins, including Mog, Turbo, and Fartcoin. Bitcoin (BTC) surged 133.8% to approach $99,000, although it was surpassed by other cryptocurrencies in terms of returns. The report highlights the continued potential for high returns in the cryptocurrency market, especially through innovative and fun meme coins.
Titles Withdraw 536.53 Billion PEPE Worth $9.38 Million From Kraken
Arkham’s monitoring revealed that two addresses sharing the same Kraken deposit address, 0x68…869B and 0xBE…CCc3, withdrew 536.53 billion PEPE tokens, worth approximately $9.38 million, from Kraken on December 26, 2024, between 22:16 and 22:17 UTC+8. These addresses, which are likely under the control of the same entity, currently hold a total of 1,261.914 billion PEPE tokens, worth approximately $22.08 million.
Massive Selling Could Push NEAR Price to $10 Amid Declining Interest.
The NEAR protocol is currently in a significant downtrend, down 16.44% over the past month and an additional 6.57% in the past 24 hours. Despite this bearish momentum, recent market analysis suggests that the downward pressure may be weakening, paving the way for a potential price recovery. Artemis’ on-chain metrics indicate a decline in the number of daily active addresses, falling from 4.4 million to 3.9 million over four consecutive days, reflecting waning interest among users and investors. This drop in active activity is closely correlated to NEAR’s current trading price of $5.11, highlighting the relationship between network utility and token value.
#Crypto2025Trends In 2025, several key trends are expected to dominate financial markets that could create significant investment opportunities: 1. Artificial Intelligence and Energy: The increasing demand for energy, especially due to artificial intelligence and modern technology, will continue, which will increase the focus on renewable and clean energy sources, such as nuclear power, to meet these needs.  . 2. Cybersecurity: With cyber attacks on the rise, cybersecurity companies, such as Fortinet, will be a promising investment destination due to the increasing need to secure data and networks. . 3. Luxury Goods: After declining in 2024, shares of luxury goods companies such as LVMH are expected to rebound, especially with the return of consumer spending.  . 4. Technology and Cryptocurrencies: Cryptocurrencies continue to attract investors, with a focus on projects based on artificial intelligence and blockchain technologies. . If you are an investor, it is advisable to diversify your portfolio among these promising sectors while adhering to market analysis and studying local and global trends.
Outflows from Bitcoin ETFs, inflows to Ethereum ETFs.
The cryptocurrency market today displayed bullish sentiment, with the Fear and Greed Index rising to 79, indicating extreme greed, up from 73 yesterday. Despite a 0.48% decline in the total cryptocurrency market cap to $3.41 trillion and a 12.05% decline in 24-hour trading volume to $117.91 billion, Bitcoin’s dominance rose to 57.20%, reflecting growing investor confidence. Key market drivers included significant developments in Bitcoin exchange-traded funds, Ethereum momentum, and blockchain adoption in Asia.
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