it is not the time to buy or sell but above all to buy wait because it is almost certain that it will continue to go down
LIVE
adebowale SHERIFF MULERO
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I have already lost 8,500 $ i only on XRP. I still have 1500 $ and I do not play above 10,000 $ losses. What to buy to get your money back quickly and what leverage? 20x, 50x? Help!
friend, remember this in your head, never ever invest money when it goes up, wait for it to drop at historical highs like it will happen again and buy, then wait 6 to 8 months and sell
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Chavagow
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No man, I am truly terrified, I have already lost all my profits and I am already losing part of my initial investment. I want to withdraw from this before it is too late, this just keeps falling #eth #bnb #shib
Institutional Adoption: There is an increase in institutional investment in cryptocurrencies, with companies like MicroStrategy entering the NASDAQ 100 index.
Regulation: In the European Union, there has been a request to postpone the entry into force of the MiCA regulation due to the lack of preparedness of several member countries.
Price and Trends: Ethereum is approaching the resistance of 4,500 dollars, with expectations of reaching new all-time highs driven by activity in decentralized applications (DApps). $ETH
Price and Predictions: Bitcoin has reached a new all-time high, surpassing 106,000 dollars. Analysts from VanEck predict it could reach 180,000 dollars by the end of 2025. $BTC
On December 9, 2024, the cryptocurrency market experienced a significant drop, affecting assets such as Bitcoin and Ethereum. This correction can be attributed to several factors:
1. Correction after all-time highs: Bitcoin recently surpassed $100,000, a milestone that generated excitement in the market. However, analysts such as Michael Novogratz, CEO of Galaxy Digital, warned that after reaching this level, a 20% correction was likely, putting the price around $80,000.
2. Excessive leverage: Novogratz also noted that “the crypto community is leveraged up to its eyeballs,” which increases the market’s vulnerability to sharp corrections when prices reach new highs.
3. Geopolitical risks and technological expectations: Experts such as Santiago Carbó, professor of Economics at the University of Valencia, warned about geopolitical risks and possible technological disappointments that could affect the value of cryptocurrencies. These factors may have contributed to the recent fall. $BTC $ETH
The European Union (EU) will have new AML regulations that will come into effect next year to strengthen its supervision against money laundering and terrorist financing in the crypto space.
The new AML framework includes the establishment of another regulatory authority, the Anti-Money Laundering Authority (AMLA), which will promote collaboration among key authorities and reduce risks in the EU financial system.
The EU has been working on AML/CFT regulations since 2018 In 2018, the European Union introduced some AML/CFT guidelines. However, at that time, the regulations only applied to custodial wallet providers and cryptocurrency to fiat service providers. They were also limited to anti-money laundering and terrorist financing policies and overlooked market entry controls or consumer protection requirements.
In 2021, the EU was compelled to review its AML/CFT framework following a series of high-profile crypto crimes. At that time, 1% of the region's GDP was also linked to suspicious financial activities, and all money laundering cases involved cross-border elements.
Thus, in 2023, the authority proposed a single regulation to regulate and supervise a broader range of issuance, trading, and crypto asset services and to extend regulations to other crypto asset service providers (CASP).
The framework will incorporate new anti-money laundering directives By the end of 2025, the complete AML/CFT legislative package, including the single regulatory code for the region, is expected to be implemented. The new regulation will expand the range of companies subject to regulations, covering mortgage and consumer credit intermediaries, fund managers, crowdfunding platforms, and investment migration operators.
Vitalik Buterin Reveals His Vision for Future Wallets $ETH In a notable intervention, Vitalik Buterin, the co-founder of Ethereum, calls for a major restructuring of crypto wallets. His December 3 post emphasizes the need to integrate more robust security and privacy features, while simplifying transfers between layer 2 networks. Ethereum creator calls for more security for crypto wallets
On December 3, from his personal blog platform, Vitalik Buterin shared his vision on the necessary evolution of Web3 wallets. The Ethereum co-founder particularly emphasizes one fundamental point: Ethereum's decentralization and security are worthless if the wallets themselves do not integrate these essential features.
According to Buterin, the current approach of relegating privacy features to a few specialized wallets is insufficient. Instead, he advocates for the systematic integration of these functionalities into all Web3 wallets, proposing in particular a “private balance” system that would allow funding transfers confidentially.
This statement comes in a favorable context, especially after the recent decision of a US court on Tornado Cash, which could pave the way for further privacy innovations on the blockchain.
Ripple (XRP) ignited the markets with its massive price pump of 380% and the price surged to a multi-year high of $2.82. But now that Bitcoin is above $100,000, analysts have declared that this bull run is far from over and $XRP could see even more gains.
According to Milkybull Crypto, the price of XRP could reach a high of $10 in this bull market. Meanwhile, Lunex Network (LNEX) has been growing behind the scenes. While the price of the altcoin has increased by more than 200%, analysts expect LNEX to reach $1 in this bullish cycle.
Ripple (XRP) will repeat the price surge of 2017 and is set to rise to $10. In the last month, Ripple (XRP) has been one of the best cryptocurrencies in the market. The XRP coin has skyrocketed more than 400% in the last month to reach a high of $2.82, as shown by data from CoinMarketCap. However, crypto analysts believe that the upward trend will continue.
If you see this ad on social media, the scam has begun Cybercriminals are using public figures to promote fake investments in cryptocurrencies. TNEcom Canarias, a cybersecurity company, has identified a massive campaign of scams on social media that uses the image of Spanish public figures to promote fraudulent investments in cryptocurrencies. This operation has flooded platforms like Facebook and Instagram with fake ads that appear to be backed by high-profile personalities, including the president of a well-known football club, the president of an autonomous community, and members of the Royal House. These public figures have been victims of identity theft, as they have no connection to the cryptocurrency investment campaign. The scammers have designed these ads to look legitimate, using advanced social engineering techniques, such as voice and video cloning, to lend credibility to their false promises of secure investment. Victims, drawn in by the apparent authenticity of these ads, are redirected to fraudulent websites where they are asked for an initial deposit of €250 to start investing. “This is an extremely well-executed social engineering scheme,” commented a spokesperson for TNEcom Canarias. The company has conducted a thorough digital forensic investigation, following the protocols established in the Cybersecurity Law 03/2023. This investigation has allowed them to trace the IP addresses, the equipment used, and the locations from where the attacks originate. All collected information has been handed over to the competent authorities to stop the campaign and bring those responsible to justice. The company has issued a series of recommendations for citizens to protect themselves from this type of fraud. It advises not to trust ads that use public figures to promote investments, and to always verify the sources of any website.
Poland arrests former chief of a Russian cryptocurrency exchange platform Dmitry Vasilyev led WEX, a broker that collapsed in 2018 and from which 450 million dollars supposedly disappeared Polish police have arrested a Russian citizen wanted for his alleged involvement in a fraud and money laundering scheme while operating a large cryptocurrency exchange platform, according to a statement released this Friday. The detainee, identified as Dmitry V., due to Polish privacy laws, was arrested based on a request for extradition from the United States, authorities have indicated. Dmitry V. is suspected of numerous frauds, money transfers, and money laundering related to the management of one of the largest cryptocurrency exchanges in the world,” the statement notes. “For the crimes he is charged with, the detainee could face up to 20 years in prison in the United States,” it adds. “The man is in custody awaiting the completion of all procedures related to his extradition to the U.S.,” a police spokesperson stated.
The Polish newspaper Rzeczpospolita, for its part, reported that Dmitry Vasilyev led WEX, the largest cryptocurrency exchange platform in Russia until its collapse in 2018. Dmitry V., 37, was arrested in an apartment in Warsaw, according to the Polish media, which recalls that he was previously detained in August 2021 at the airport of the same city but was released 40 days later, and since then, he had managed to evade justice. After his first arrest, Polish media reported that 450 million dollars had disappeared from WEX accounts and that the Russian citizen was associated with people from the Kremlin who relied on the platform to launder money.
Although the cryptocurrency market has experienced significant growth, recent events could negatively affect its development:
1. Arrest of key figures in the sector:
Polish police arrested Dmitry Vasilyev, former head of WEX, a major Russian cryptocurrency exchange, on charges of fraud and money laundering. This arrest, requested by the United States, could result in up to 20 years in prison for Vasilyev.
2. Dismantling of money laundering networks:
In the United Kingdom, the National Crime Agency dismantled an extensive network that used cryptocurrencies to launder billions of pounds for Russian mafias and oligarchs. The operation resulted in the arrest of 84 people and revealed the use of cryptocurrencies, especially Tether, to facilitate these illicit transactions.
3. Cryptocurrency-related scams and fraud:
In Spain, a minor was arrested in Cantabria for hacking computer systems of several sports federations and stealing over 500,000 personal data, obtaining cryptocurrencies worth more than 8,000 euros through the sale of such data.
Additionally, a massive scam campaign has been identified on social media that uses the image of Spanish public figures to promote fraudulent investments in cryptocurrencies, tricking victims into making initial deposits of €250.
4. Political instability and its impact on the market:
In South Korea, the declaration and subsequent revocation of martial law by President Yoon Suk-yeol caused Bitcoin to trade at 30% lower in the local market compared to other international markets, due to strict capital controls and high volatility.
Terra (LUNA) is a cryptocurrency in the CRYPTO market. Currently, its price is 0.720911 USD, with a variation of -0.02533 USD (-3.395%) compared to the previous close.
The launch of Terra 2.0 in May 2022, following the collapse of the stablecoin UST and the fall of LUNA, has not managed to regain investor confidence. The new token $LUNA A 2.0 experienced a significant drop on its first day of trading, losing about 70% of its initial value.
Additionally, the distribution of tokens through airdrops was perceived as unfair by many investors, leading to discontent in the community.
The lack of a clear value proposition and competition from other blockchains have made it difficult for LUNA 2.0 to recover. The loss of confidence in the development team and in the founder, Do Kwon, has also negatively impacted the perception of the project.
BNB (BNB) is the native cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. Currently, BNB is trading at 759.70 USD, with an increase of 21.05 USD (2.85%) compared to the previous close. The intraday high is 760.88 USD and the low is 727.24 USD.
Recently, $BNB BNB reached a new all-time high of 715 USD, surpassing its previous record of 690 USD set in 2021.
This increase in the value of BNB can be attributed to several factors:
1. Growth of activity on BNB Chain: An increase in transactions and network usage has strengthened the demand for BNB.
2. Developments and updates on the platform: Improvements in Binance's infrastructure and the expansion of its services have increased investor confidence in BNB.
3. General trends in the cryptocurrency market: The recent upturn in the market, with Bitcoin and other altcoins reaching new highs, has positively influenced the value of BNB.
Cardano (ADA) has experienced a remarkable increase in its value, surpassing the $1 mark for the first time since April 2022. This rise, which represents a recovery of approximately two and a half years of losses in less than a month, is due to several key factors:
1. Increased network activity: The number of transactions on the Cardano network has reached levels not seen since March 2022, with over 840,000 recent transactions and total fees amounting to 279,000 $ADA. This increase in activity reflects greater use and adoption of the platform.
2. Renewed investor interest: Surpassing the $1 threshold has revitalized investor confidence in ADA, attracting both retail and institutional investors. This renewed interest has contributed to the appreciation of the token's price.
3. Technological developments and upgrades: Cardano has implemented significant updates, such as the layer 2 scalability solution Hydra and the staking-based multisignature protocol Mithril. These improvements have strengthened the network's infrastructure, increasing its efficiency and appeal to users.
4. General trends in the cryptocurrency market: The cryptocurrency market has experienced a phase of high euphoria, especially following Donald Trump's return to the White House, resulting in favorable regulations for the sector. While Bitcoin has remained around $95,000, other alternative cryptocurrencies (altcoins) like Ethereum, Solana, and XRP are seeing significant increases. This phenomenon, known as "altseason," occurs when altcoins outperform Bitcoin, as reflected in the Altcoin Season Index, which is currently at 81/100.
The recent surge in the price of MANTRA $OM can be attributed to several key factors:
1. Launch of MANTRA Chain Mainnet: On October 23, 2024, MANTRA launched its mainnet, strengthening its blockchain infrastructure and attracting more investors.
2. Partnership with Google Cloud: This collaboration has improved the platform’s scalability and security, increasing investor confidence.
3. Introduction of initiatives such as GenDrop: Announced on November 15, 2024, this airdrop incentivized community participation and increased demand for the OM token.
4. Integration of Real World Assets (RWA): The creation of a RWA savings vault in collaboration with Ondo allowed users to access US Treasury bond yields, attracting traditional investors.
The recent increase in the price of Floki Inu (FLOKI) can be attributed to several key factors:
1. Inclusion in Coinbase's roadmap: The inclusion of $FLOKI in the list of potential future listings on Coinbase has generated positive expectations among investors, boosting demand and, consequently, the price of the token.
2. Development of significant projects: The Floki Inu team has announced initiatives such as the NFT gaming metaverse called Valhalla, a merchandise and NFT marketplace known as FlokiPlaces, and an educational platform called Floki Inuversity. These developments increase the utility of the token and attract more investors.
3. Strategic partnerships: Collaborations with platforms like CryptoCart, which allows FLOKI holders to shop at over 1,700 stores, enhance the adoption and perceived value of the token.
4. General cryptocurrency market trends: The increase in the price of Bitcoin and other major cryptocurrencies usually positively influences tokens like #FLOKI, attracting investors looking for opportunities in the market.
The recent increase in the price of $BTC Bitcoin, which has surpassed $100,000, is due to several key factors:
1. Favorable policies of the new U.S. administration: The election of Donald Trump as president has generated expectations of a more favorable regulatory environment for cryptocurrencies. Trump has proposed to turn the United States into the "cryptocurrency capital of the planet" and to accumulate a national reserve of Bitcoin. Additionally, he has nominated Paul Atkins, known for his pro-crypto stance, to lead the Securities and Exchange Commission (SEC), which could facilitate greater institutional adoption of Bitcoin.
2. Approval of spot Bitcoin ETFs: The approval of spot exchange-traded funds (ETFs) for Bitcoin has allowed for greater participation from institutional investors, increasing demand and thus the price of Bitcoin.
3. "Halving" events: The recent Bitcoin "halving" has reduced the reward for mined blocks, decreasing the supply of new coins and creating upward pressure on the price due to scarcity.
4. Institutional and corporate adoption: Large tech companies and investment funds are accumulating Bitcoin as part of their financial strategies, which has increased demand and contributed to the rise in its value.