Bitcoin’s (BTC) halving event, which occurred in April 2024, is expected to have a significant impact on its performance in 2025. Here’s how the halving will influence Bitcoin’s market dynamics: --- 1. Reduced Supply and Increased Scarcity Halving Mechanics: Bitcoin’s block reward was reduced from 6.25 BTC to 3.125 BTC per block in 2024. This means fewer new BTC are being mined daily, reducing the rate at which new coins enter circulation. Scarcity Effect: With limited new supply and a fixed max
Bitcoin Quick Tech Analysis: Key Highlights: Market sentiment: The Crypto Fear & Greed Index scores 49, indicating neutral market investor behavior. Buying pressure: Bitcoin's 24h Relative Strength Index (RSI) stands at 31.53, signaling a near oversold condition. MACD is in the red zone. Market leadership: Bitcoin dominates the market with a 58.06% share,decreased by 0.03% since yesterday. $BTC is currently valued at approximately $93,140.63, reflecting a 1.05% decrease from yesterday. Its market capitalization stands at about $1.83 trillion, with a 24-hour trading volume of $22.54 billion.$BTC
Developer Jeff Johnson has revealed that the iPhone's Photos app shares photo data with Apple through a feature called "Enhanced Visual Search," which is enabled by default.
This feature sends encrypted photo data to Apple's servers to identify landmarks. However, users can turn it off in the Settings app.
Unlike Visual Look Up, Enhanced Visual Search requires data sharing, which has raised privacy concerns despite the encryption and anonymization measures.
Popular analyst Ali has made a bold prediction about the future of XRP, suggesting that XRP could rise to $11 by 2025. XRP price continues to sink into the red as investors appear to be taking a break from trading due to the holiday mood. However, as the cryptocurrency remains above the $2 support level, experts remain optimistic about its long-term prospects. A leading expert recently predicted that XRP could see a major price increase by 2025, taking the coin to a new high of $11. $XRP
When Netflix released Squid Game Season 2 after Christmas, tokens of the same name flooded the crypto market. Tokens based on Netflix’s Squid Game series have flooded the market since the second season of the show was released. However, community members have warned that these tokens could be scams or “rug pulls.”
On December 26, Netflix released a sequel to the hit Korean dystopian horror film Squid Game. The film revolves around a secret competition where financially struggling players risk their lives to win a huge prize.
When the show debuted online, a series of Squid Game cryptocurrency tokens appeared on the market. However, while the contestants in the show have a chance to win huge sums of money, those who invested in these tokens are not sure to be so lucky.
PEPE's price surge over the last week, accompanied by a rise in trading volume, is a promising sign for the memecoin. Generally, increased volume during a bull rally lays the groundwork for further price hikes. With its value increasing by over 8% in the last seven days, PEPE is currently trading at $0.00001855, boasting a market capitalization of over $7.88 billion. Several metrics suggest PEPE's upward momentum may continue. For instance, its network growth has started to increase after a dip, indicating more new addresses are being created to transfer the token. The memecoin's MVRV ratio has also registered a slight increase, showing the market cap has grown relative to the realized cap. Additionally, big-pocketed players, or whales, are demonstrating confidence in PEPE, as evident from the rise in supply held by them over the last seven days. The Relative Strength Index (RSI) has also risen, further proving investor interest in buying the memecoin. However, not all indicators are in PEPE's favor. The MA Cross indicator reveals a bearish upper hand in the market, with the 21-day MA above the 9-day MA. Looking ahead, if PEPE's price continues to rise, it may retouch the $0.0000191 mark. On the other hand, if the trend changes and PEPE experiences a price correction, its price might drop to $0.0000181. According to Changelly's price prediction, PEPE's value is expected to increase by 12.37% and reach $0.0000209 by December 31, 2024. The predicted price for January 2025 ranges from $0.0000567 to $0.0000625, with an estimated average trading value of $0.0000596 ¹. $PEPE
$SOL /USD Powers Higher – Bullish Breakout in Progress.. A Big profit achieved for those who pick my call at $180 for $SOL ... Next Target $220 with stop loss at $183.. is trading at $193.24, reflecting a 4.54% gain, and testing its 24-hour high of $193.74. This impressive surge comes after a strong rebound from a low of $182.74, supported by substantial trading volumes of 1.35M SOL. If the price breaks above the key resistance at $194.39, SOL could aim for targets around $196 and beyond. However, traders should monitor support at $190.70, a critical level to prevent a potential pullback. Use tight stop losses and watch for breakout confirmations to seize profitable opportunities in this bullish momentum.$SOL
#Dogecoin Rate of Change (ROC) indicator signals a potential SURGE in the coming weeks 🔥 The current $DOGE ROC mirrors the action seen weeks before the 2021 surge. If history repeats, a significant surge could be ahead 🚀 $DOGE
Elon Musk has reaffirmed his $1 billion offer to purchase Wikipedia, initially made last year. Despite the Wikimedia Foundation's statement that the platform is not for sale, Musk's proposal remains on the table.
Musk's offer aims to address concerns about the Wikimedia Foundation’s financial management and suggests that the acquisition could improve Wikipedia’s accuracy. However, the offer includes a controversial condition: renaming Wikipedia to "D*ickipedia" for at least a year.
While the offer remains open, it is unclear whether Wikipedia will accept Musk’s proposal.
MIT researchers have introduced a groundbreaking biosensing technology called OCEANs, utilizing tiny, wireless antennas to monitor electrical signals in biological systems with remarkable precision. This innovation simplifies cellular studies and opens up new possibilities for diagnosing conditions like arrhythmia and Alzheimer’s.
The antennas convert electrical signals into light, which can be captured using standard optical microscopes, making this technology accessible to any biology lab. This breakthrough enables real-time, high-resolution monitoring of cellular interactions from thousands of recording sites simultaneously.
Focused on precision, the OCEANs can detect electrical signals as low as 2.5 millivolts and respond in milliseconds.
Bitcoin ETFs in the United States saw net inflows on December 26, ending a four-day streak of more than $1.5 billion in outflows. According to data from CoinGlass, these 11 ETFs attracted net inflows of $475.2 million on the day after Christmas, led by Fidelity Wise Origin Bitcoin ETF with $254.4 million inflows.
The ARK 21Shares Bitcoin ETF followed with $186.9 million in inflows, while BlackRock’s iShares Bitcoin Trust (IBIT) saw inflows of $56.5 million.
Grayscale’s Mini Bitcoin ETF and VanEck’s Bitcoin ETF also saw more modest inflows, with $7.2 million and $2.7 million, respectively.
The U.S. markets were closed on December 25 for the Christmas holiday. Between December 19 and December 24, these ETFs experienced four consecutive days of net outflows, totaling $1.52 billion.$BTC
Reasons Behind Bitcoin and the Market’s Continued Sharp Decline?
Bitcoin dropped to $95K as short-term investors took profits, dragging Altcoins into the red. Bitcoin has plunged to $95,000, dragging down altcoins, painting the market in red.
According to data from IntoTheBlock, the “Addresses by Time of Holding” indicator – which tracks the activity of Bitcoin holders over a period of 30 to 365 days – has recorded a significant decrease over the past week. This is a group of short-term investors who have taken profits, contributing to the correction in Bitcoin prices this week.
In addition, another indicator, STH-NUPL, which measures the sentiment of investors holding Bitcoin for less than 155 days, also shows a worrying trend. $BTC
This expiry, the largest ever on the exchange, has drawn attention due to its potential to trigger a market reaction. The put-call ratio for these Bitcoin options stands at 0.69. This indicates a relatively higher open interest in calls, which suggests that the market is positioned for bullish sentiment. If Bitcoin experiences volatility during this event, it could trigger a similar reaction in XRP, potentially contributing to the price movement Bitlord anticipates. However, this remains speculative and unconfirmed. Another potential reason for Bitlord’s optimism is XRP’s tendency to experience$XRP
Here's a rewritten version with a more engaging tone: XRP Bulls Awaken: XRPL Upgrade Unleashes New Potential The latest XRPL upgrade to version 2.1.0 has sent XRP's price soaring, with bulls taking control. This new release brings a slew of improvements, including: _Enhanced Security_: Improved validation and consensus mechanisms to fortify the network. _Increased Efficiency_: Optimized performance for faster transaction processing. _New Features_: Exciting additions to support further development and innovation. While the upgrade did introduce a bug, the Ripple team has already issued a hotfix to resolve the issue. With the technicals looking strong and the fundamentals improving, XRP's bullish momentum is gaining traction. Will XRP continue its upward trajectory? Share your thoughts! $XRP
Entire timeline has collectively decided $SOL is done for. Meanwhile, it's forming a falling wedge into what used to be resistance. Confirmed as support the other day, expecting new all-time highs before the year is out. 📈 $SOL
Changpeng Zhao (CZ), CEO of Binance, reminded his followers on the X platform of Binance’s $500 million investment in Elon Musk’s Twitter acquisition. CZ also highlighted Binance’s early and public support for Musk’s bold move, commenting, “Happy to be part of this cause,” along with a screenshot of the Investopedia headline.
When Elon Musk finalized his $44 billion acquisition of Twitter in late 2022, initial public reactions were mixed. Musk’s plan to restructure Twitter and turn it into an “all-in-one app” led the traditional press to predict that the deal would lead to chaos and the platform’s demise. Critics worried about losing advertisers, user churn, and a collapse of moderation.
Crypto Weekly (09/12 – 15/12): Bitcoin Continues to Set New ATH After Major Liquidation
Last week, the market unexpectedly experienced a major liquidation, causing over $1.7 billion to evaporate from the market. However, Bitcoin then began to recover and broke its previous all-time high.After Bitcoin officially crossed the $100,000 mark the previous week, last week saw the largest liquidation event since 2021. After hitting an all-time high (ATH) of $104,200, Bitcoin plummeted to $94,000, leading to liquidations totaling over $1.7 billion. However, following this unexpected drop, the market rebounded quickly. Bitcoin not only regained its upward momentum but also surpassed $104,200 to set a new ATH of $106,000.
Bitcoin Halving Timeline Insight 📈 This is the timeline of Bitcoin’s movement post-halving. Historically, the bull run continues to gain momentum after each halving event. There’s still plenty of room for growth in the current cycle. Buckle up and let’s see where Bitcoin takes us! 🚀$BTC $BTC ETH $BGB $SOL $SUI $XRP