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📣 Key Events to Watch in January
January 13 – FTM delisting on Binance ahead of its rebranding.
January 14 – Mainnet launch of NOSANA (NOS).
January 15 – Launch of Derive (DRV), with tokens allocated for an airdrop to sENA holders.
January 16 – Sonic (S) launch on Binance.
January 20 – A pivotal day featuring Trump's inauguration, the start of the World Economic Forum, and Gensler stepping down as SEC Chair.
January 22 – APEX trading tournament begins.
January 23 – Deadline for Grayscale's SOL ETF approval.
January 24 – JUP airdrop distribution.
January 25 – Approval deadlines for VanEck, 21Shares, Canary, and Bitwise SOL ETFs.
#cryptoevents
January 13 – FTM delisting on Binance ahead of its rebranding.
January 14 – Mainnet launch of NOSANA (NOS).
January 15 – Launch of Derive (DRV), with tokens allocated for an airdrop to sENA holders.
January 16 – Sonic (S) launch on Binance.
January 20 – A pivotal day featuring Trump's inauguration, the start of the World Economic Forum, and Gensler stepping down as SEC Chair.
January 22 – APEX trading tournament begins.
January 23 – Deadline for Grayscale's SOL ETF approval.
January 24 – JUP airdrop distribution.
January 25 – Approval deadlines for VanEck, 21Shares, Canary, and Bitwise SOL ETFs.
#cryptoevents
🔽 Aiccelerate DAO Faces Backlash, Plans Vesting Structures
Aiccelerate DAO (AICC) faced criticism after insiders sold tokens post-launch, despite its market cap soaring to $150M. Bankless Ventures sold 10% of its allocation but repurchased it following backlash.
In response, AICC pledged to introduce vesting structures to ensure fairer distribution and reiterated its focus on long-term growth.
#CryptoTrends2024 #AICC
Aiccelerate DAO (AICC) faced criticism after insiders sold tokens post-launch, despite its market cap soaring to $150M. Bankless Ventures sold 10% of its allocation but repurchased it following backlash.
In response, AICC pledged to introduce vesting structures to ensure fairer distribution and reiterated its focus on long-term growth.
#CryptoTrends2024 #AICC
🚨 Solana-based restaking protocol Solayer will have a public token sale round starting January 13.
The sale will be hosted by Buidlpad.
Min/max allocation: $100/$2000 or pro rata if oversubscribed.
$10.5M to be raised during this sale at $350M fully diluted valuation without lockup/vesting. KYC is required.
#CryptoTrends2024 $SOL
The sale will be hosted by Buidlpad.
Min/max allocation: $100/$2000 or pro rata if oversubscribed.
$10.5M to be raised during this sale at $350M fully diluted valuation without lockup/vesting. KYC is required.
#CryptoTrends2024 $SOL
💰💰 UK Removes Collective Investment Scheme Label from Ethereum and Solana Staking
The UK’s Financial Conduct Authority (FCA) has clarified that staking Ethereum and Solana is no longer classified as a “Collective Investment Scheme” under its regulations.
This reclassification stems from the distinction between staking as an individual activity and pooling funds under a collective scheme. By removing this label, staking activities for Ethereum and Solana avoid being subjected to stricter regulatory oversight, which applies to schemes pooling investor funds for collective gains.
This decision is seen as a positive step for the staking industry, reducing regulatory uncertainty and allowing individual participants to engage in staking without additional compliance burdens. It highlights the UK's nuanced approach to balancing innovation and investor protection in the crypto space.
#CryptoTrends2024 $ETH $SOL
The UK’s Financial Conduct Authority (FCA) has clarified that staking Ethereum and Solana is no longer classified as a “Collective Investment Scheme” under its regulations.
This reclassification stems from the distinction between staking as an individual activity and pooling funds under a collective scheme. By removing this label, staking activities for Ethereum and Solana avoid being subjected to stricter regulatory oversight, which applies to schemes pooling investor funds for collective gains.
This decision is seen as a positive step for the staking industry, reducing regulatory uncertainty and allowing individual participants to engage in staking without additional compliance burdens. It highlights the UK's nuanced approach to balancing innovation and investor protection in the crypto space.
#CryptoTrends2024 $ETH $SOL
❗Usual Money’s Protocol Update Triggers Concerns as USD0++ Falls Below $0.92
Usual Money's staked stablecoin, USD0++, experienced an 8.5% drop from $1 to $0.915 on decentralized exchanges after the protocol announced a dual exit update. This change prompted significant sell-offs, causing severe imbalances in the largest USD0/USD0++ Curve pool.
USD0++ is a liquid staked version of Usual’s USD0, designed to function like a zero-coupon bond with a four-year lock-up period. It accrues yields in the form of the USUAL token, which matures to $1 at the end of the term. Previously redeemable 1:1 with USD0, the new update introduces a conditional exit option: users can redeem at a floor price of $0.87 or wait for early unstaking next week.
Community reactions have been mixed. Critics argue that USD0++ was marketed as a stable asset redeemable at $1, with the sudden floor price change effectively reducing principal value by 13%. Supporters, however, view the change as a positive long-term adjustment, emphasizing the bond-like nature of USD0++ and its T-bill-backed security.
The update led to a wave of liquidations, further destabilizing the pool. Despite the controversy, Usual Money recently expanded its ecosystem with the launch of UsualM and raised $10 million in December, backed by prominent crypto investors and platforms.
#CryptoTrends2024
Usual Money's staked stablecoin, USD0++, experienced an 8.5% drop from $1 to $0.915 on decentralized exchanges after the protocol announced a dual exit update. This change prompted significant sell-offs, causing severe imbalances in the largest USD0/USD0++ Curve pool.
USD0++ is a liquid staked version of Usual’s USD0, designed to function like a zero-coupon bond with a four-year lock-up period. It accrues yields in the form of the USUAL token, which matures to $1 at the end of the term. Previously redeemable 1:1 with USD0, the new update introduces a conditional exit option: users can redeem at a floor price of $0.87 or wait for early unstaking next week.
Community reactions have been mixed. Critics argue that USD0++ was marketed as a stable asset redeemable at $1, with the sudden floor price change effectively reducing principal value by 13%. Supporters, however, view the change as a positive long-term adjustment, emphasizing the bond-like nature of USD0++ and its T-bill-backed security.
The update led to a wave of liquidations, further destabilizing the pool. Despite the controversy, Usual Money recently expanded its ecosystem with the launch of UsualM and raised $10 million in December, backed by prominent crypto investors and platforms.
#CryptoTrends2024
🪙 Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Bitcoin's price has fallen below $93,000, dropping nearly 10% in two days and erasing most of its early 2025 gains. The selloff was driven by strong U.S. economic data, rising bond yields, and inflation concerns, alongside uncertainty about President-elect Trump's tariff policies. As a result, Bitcoin hit a low of $92,600 before recovering slightly to around $94,300.
The broader cryptocurrency market also suffered, with notable losses in other assets like Cardano (ADA) and Render (RNDR). Analysts predict that Bitcoin may consolidate before potentially bouncing back, influenced by upcoming economic data releases and Trump's inauguration. Despite the recent downturn, some traders remain optimistic about a recovery in the near term.
#CryptoTrends2024
Bitcoin's price has fallen below $93,000, dropping nearly 10% in two days and erasing most of its early 2025 gains. The selloff was driven by strong U.S. economic data, rising bond yields, and inflation concerns, alongside uncertainty about President-elect Trump's tariff policies. As a result, Bitcoin hit a low of $92,600 before recovering slightly to around $94,300.
The broader cryptocurrency market also suffered, with notable losses in other assets like Cardano (ADA) and Render (RNDR). Analysts predict that Bitcoin may consolidate before potentially bouncing back, influenced by upcoming economic data releases and Trump's inauguration. Despite the recent downturn, some traders remain optimistic about a recovery in the near term.
#CryptoTrends2024
nice job 👏
$TAO
Make long 💚
Leverage 10x
Sl. 380
Tp. 500
Tp2. 550
Tp3. 600
Entry round about. 405 to 415
#tao
#FutureTarding
#trading
Make long 💚
Leverage 10x
Sl. 380
Tp. 500
Tp2. 550
Tp3. 600
Entry round about. 405 to 415
#tao
#FutureTarding
#trading
📣 Coinbase Granted Significant Advance in Court Clash With Gensler's SEC
A U.S. judge has granted Coinbase the opportunity to pursue a significant legal question regarding whether certain crypto tokens should be classified as securities. This decision allows Coinbase to file an interlocutory appeal to the U.S. Court of Appeals for the Second Circuit, effectively pausing the ongoing case with the Securities and Exchange Commission (SEC) while the appeal is considered.
The core of the dispute revolves around the SEC's allegations that Coinbase improperly handled the trading of unregistered securities. Coinbase contends that the issuers of these tokens do not owe obligations to buyers, thus failing to meet the legal criteria for securities under the Howey test.
The ruling comes amid expectations of changes in the SEC's leadership, which may signal a more crypto-friendly regulatory environment. Coinbase's legal team expressed appreciation for the court's decision, while industry observers note that this case could have broader implications for the regulation of crypto assets in the U.S.
#CryptoTrends2024
A U.S. judge has granted Coinbase the opportunity to pursue a significant legal question regarding whether certain crypto tokens should be classified as securities. This decision allows Coinbase to file an interlocutory appeal to the U.S. Court of Appeals for the Second Circuit, effectively pausing the ongoing case with the Securities and Exchange Commission (SEC) while the appeal is considered.
The core of the dispute revolves around the SEC's allegations that Coinbase improperly handled the trading of unregistered securities. Coinbase contends that the issuers of these tokens do not owe obligations to buyers, thus failing to meet the legal criteria for securities under the Howey test.
The ruling comes amid expectations of changes in the SEC's leadership, which may signal a more crypto-friendly regulatory environment. Coinbase's legal team expressed appreciation for the court's decision, while industry observers note that this case could have broader implications for the regulation of crypto assets in the U.S.
#CryptoTrends2024
‼️ Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated
Dogecoin (DOGE) experienced a significant drop of 10% as Bitcoin (BTC) fell from over $102,000 to nearly $96,000. This decline was attributed to fresh economic data that caused U.S. Treasury yields to rise, leading to $560 million in liquidations of long positions in crypto futures. Other cryptocurrencies, including Ethereum (ETH), Solana (SOL), and Cardano (ADA), also reported losses of at least 7%.
Market analysts anticipate a shaky period for cryptocurrencies in January due to structural risks, including discussions around the U.S. Treasury debt ceiling. Despite the downturn, some experts remain optimistic, suggesting that such dips can precede larger bullish movements, especially with a more crypto-friendly administration expected in the U.S.
#CryptoTrends2024
Dogecoin (DOGE) experienced a significant drop of 10% as Bitcoin (BTC) fell from over $102,000 to nearly $96,000. This decline was attributed to fresh economic data that caused U.S. Treasury yields to rise, leading to $560 million in liquidations of long positions in crypto futures. Other cryptocurrencies, including Ethereum (ETH), Solana (SOL), and Cardano (ADA), also reported losses of at least 7%.
Market analysts anticipate a shaky period for cryptocurrencies in January due to structural risks, including discussions around the U.S. Treasury debt ceiling. Despite the downturn, some experts remain optimistic, suggesting that such dips can precede larger bullish movements, especially with a more crypto-friendly administration expected in the U.S.
#CryptoTrends2024
🪙 Bitcoin Returns Above $100K as Early 2025 Crypto Rebound Continues
Bitcoin (BTC) has surged back above $100,000, reaching approximately $102,000, marking its highest level since December 19. This rebound is part of a broader recovery in the cryptocurrency market as traders return from the holiday season. The CoinDesk 20 index, which tracks major cryptocurrencies, also saw a 3.5% increase, with Ethereum (ETH) up 2.8% and Solana (SOL) rising 4.5%.
Demand for Bitcoin is returning, highlighted by significant inflows into spot Bitcoin exchange-traded funds (ETFs), totaling $908 million recently. Institutional purchases, including MicroStrategy's acquisition of 1,020 BTC, indicate renewed interest in the asset.
While the early 2025 rebound is promising, analysts caution about potential volatility and market corrections, particularly as the Federal Reserve's monetary policy remains a significant risk factor. Predictions suggest a possible sell-off later in the month ahead of the Fed's meeting, despite the current bullish sentiment surrounding Bitcoin and the upcoming U.S. administration.
#BullCyclePrediction $BTC
Bitcoin (BTC) has surged back above $100,000, reaching approximately $102,000, marking its highest level since December 19. This rebound is part of a broader recovery in the cryptocurrency market as traders return from the holiday season. The CoinDesk 20 index, which tracks major cryptocurrencies, also saw a 3.5% increase, with Ethereum (ETH) up 2.8% and Solana (SOL) rising 4.5%.
Demand for Bitcoin is returning, highlighted by significant inflows into spot Bitcoin exchange-traded funds (ETFs), totaling $908 million recently. Institutional purchases, including MicroStrategy's acquisition of 1,020 BTC, indicate renewed interest in the asset.
While the early 2025 rebound is promising, analysts caution about potential volatility and market corrections, particularly as the Federal Reserve's monetary policy remains a significant risk factor. Predictions suggest a possible sell-off later in the month ahead of the Fed's meeting, despite the current bullish sentiment surrounding Bitcoin and the upcoming U.S. administration.
#BullCyclePrediction $BTC
🔔 Bitcoin Traders Eye $109K as Trump Anticipation Builds, BTC ETFs Rake in Nearly $1B
Bitcoin (BTC) has regained momentum, surpassing $100,000, largely due to positive sentiment surrounding upcoming U.S. events, including Donald Trump's anticipated inauguration. In the past week, BTC rose 10%, recovering from a drop to nearly $92,000 in late December.
The surge coincided with nearly $1 billion in inflows into U.S.-listed spot Bitcoin exchange-traded funds (ETFs) on a single day, with Fidelity, BlackRock, and Ark Invest leading the way. Traders are optimistic, targeting a price of $109,000, citing a favorable technical correction and bullish market conditions.
Market volatility is expected to remain low until the U.S. Nonfarm Payrolls report is released, which could influence Bitcoin and broader market trends.
#BTC100KTrumpEffect $BTC
Bitcoin (BTC) has regained momentum, surpassing $100,000, largely due to positive sentiment surrounding upcoming U.S. events, including Donald Trump's anticipated inauguration. In the past week, BTC rose 10%, recovering from a drop to nearly $92,000 in late December.
The surge coincided with nearly $1 billion in inflows into U.S.-listed spot Bitcoin exchange-traded funds (ETFs) on a single day, with Fidelity, BlackRock, and Ark Invest leading the way. Traders are optimistic, targeting a price of $109,000, citing a favorable technical correction and bullish market conditions.
Market volatility is expected to remain low until the U.S. Nonfarm Payrolls report is released, which could influence Bitcoin and broader market trends.
#BTC100KTrumpEffect $BTC
🍀 MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
MicroStrategy plans to raise up to $2 billion through preferred stock offerings to fund additional Bitcoin purchases in the first quarter of 2025. Meanwhile, Japanese investment firm Metaplanet aims to acquire 10,000 Bitcoin this year, worth nearly $1 billion at current prices. MicroStrategy, which currently holds $44 billion in Bitcoin, could announce new purchases soon, as hinted by co-founder Michael Saylor.
Both companies are looking to expand their Bitcoin holdings significantly as Bitcoin approaches the $100,000 mark. Metaplanet's CEO emphasized using capital market tools to boost Bitcoin adoption in Japan and globally.
#BTC100KTrumpEffect $BTC
MicroStrategy plans to raise up to $2 billion through preferred stock offerings to fund additional Bitcoin purchases in the first quarter of 2025. Meanwhile, Japanese investment firm Metaplanet aims to acquire 10,000 Bitcoin this year, worth nearly $1 billion at current prices. MicroStrategy, which currently holds $44 billion in Bitcoin, could announce new purchases soon, as hinted by co-founder Michael Saylor.
Both companies are looking to expand their Bitcoin holdings significantly as Bitcoin approaches the $100,000 mark. Metaplanet's CEO emphasized using capital market tools to boost Bitcoin adoption in Japan and globally.
#BTC100KTrumpEffect $BTC
❗ High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump's Inauguration
A significant $6 million purchase of $100,000 Bitcoin call options on the Deribit exchange signals expectations for Bitcoin to reach new record highs following President-elect Donald Trump's inauguration on January 20. Traders are also showing strong interest in $120,000 strike options, reflecting bullish sentiment in the market.
With Bitcoin currently trading above $99,500, analysts believe the inauguration could catalyze bullish announcements and policies, enhancing investor confidence. However, some experts caution that delays in regulatory changes might temper market optimism. Overall, there is a renewed interest in cryptocurrency, driven by anticipated pro-crypto regulations as Trump takes office.
#Bitcoin❗ $BTC
A significant $6 million purchase of $100,000 Bitcoin call options on the Deribit exchange signals expectations for Bitcoin to reach new record highs following President-elect Donald Trump's inauguration on January 20. Traders are also showing strong interest in $120,000 strike options, reflecting bullish sentiment in the market.
With Bitcoin currently trading above $99,500, analysts believe the inauguration could catalyze bullish announcements and policies, enhancing investor confidence. However, some experts caution that delays in regulatory changes might temper market optimism. Overall, there is a renewed interest in cryptocurrency, driven by anticipated pro-crypto regulations as Trump takes office.
#Bitcoin❗ $BTC
🇭🇰 Edith Yeung Sees Big Things to Come for Crypto in Hong Kong
Edith Yeung, a venture capitalist and early investor in Solana, sees significant potential for Hong Kong to emerge as a major crypto hub. With seven licensed virtual asset trading platforms now operating, she emphasizes the importance of regulatory clarity and liquidity for attracting investors. Yeung compares Hong Kong to New York, highlighting its rich financial history and talent pool as assets for the crypto sector.
She notes that while the U.S. has the largest crypto market, Asia, particularly Hong Kong, offers the highest growth potential. Despite China's mixed stance on crypto, the regulatory developments in Hong Kong could influence broader acceptance. Yeung also expresses optimism about Solana's future and predicts the establishment of a U.S. Bitcoin Reserve by 2025, which could drive up Bitcoin prices globally. Overall, she is excited to discuss Hong Kong's role in the crypto industry at the upcoming Consensus event.
#CryptoTrends2024
Edith Yeung, a venture capitalist and early investor in Solana, sees significant potential for Hong Kong to emerge as a major crypto hub. With seven licensed virtual asset trading platforms now operating, she emphasizes the importance of regulatory clarity and liquidity for attracting investors. Yeung compares Hong Kong to New York, highlighting its rich financial history and talent pool as assets for the crypto sector.
She notes that while the U.S. has the largest crypto market, Asia, particularly Hong Kong, offers the highest growth potential. Despite China's mixed stance on crypto, the regulatory developments in Hong Kong could influence broader acceptance. Yeung also expresses optimism about Solana's future and predicts the establishment of a U.S. Bitcoin Reserve by 2025, which could drive up Bitcoin prices globally. Overall, she is excited to discuss Hong Kong's role in the crypto industry at the upcoming Consensus event.
#CryptoTrends2024
❕ How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
Cango, a Chinese automotive transaction service platform, has emerged as a significant player in the bitcoin mining industry after acquiring 50 exahashes per second (EH/s) of mining power for $400 million. This move positions Cango among the largest bitcoin miners globally. The company initially spent $256 million in cash for 32 EH/s from Bitmain and will issue $144 million in shares for the remaining 18 EH/s from Golden TechGen and other sellers.
Cango's stock surged over 362% in 2024 due to this diversification into bitcoin mining, which is seen as an effective way to balance energy grids by allowing miners to adjust their operations based on energy demand. Currently, Cango relies heavily on Bitmain for operational support but plans to develop its in-house mining capabilities over time. As Cango ramps up its operations, it expects to contribute approximately 6% of Bitcoin's total computing power. The company has already mined 363.9 BTC in November, valued at around $35 million, and may adjust its bitcoin holdings based on market conditions.
#CryptoTrends2024
Cango, a Chinese automotive transaction service platform, has emerged as a significant player in the bitcoin mining industry after acquiring 50 exahashes per second (EH/s) of mining power for $400 million. This move positions Cango among the largest bitcoin miners globally. The company initially spent $256 million in cash for 32 EH/s from Bitmain and will issue $144 million in shares for the remaining 18 EH/s from Golden TechGen and other sellers.
Cango's stock surged over 362% in 2024 due to this diversification into bitcoin mining, which is seen as an effective way to balance energy grids by allowing miners to adjust their operations based on energy demand. Currently, Cango relies heavily on Bitmain for operational support but plans to develop its in-house mining capabilities over time. As Cango ramps up its operations, it expects to contribute approximately 6% of Bitcoin's total computing power. The company has already mined 363.9 BTC in November, valued at around $35 million, and may adjust its bitcoin holdings based on market conditions.
#CryptoTrends2024
🚨 BlackRock’s Bitcoin ETF Records Its Largest Outflow
BlackRock's Bitcoin ETF, IBIT, experienced a record single-day outflow of $332 million, surpassing the previous record of $188 million set in late December. The ETF, which manages over $53 billion in assets, has faced consistent outflows since December 20, signaling potential investor concerns about its strategy or the broader market.
While large outflows can indicate a lack of confidence, they may also reflect portfolio rebalancing or profit-taking by investors. In contrast, other ETFs like Bitwise and Fidelity saw inflows of $48 million and $36 million, respectively. At the time of reporting, Bitcoin was trading just under $97,000, having gained 1.5% in the past 24 hours.
#CryptoTrends2024 $BTC #etf #BlackRock
BlackRock's Bitcoin ETF, IBIT, experienced a record single-day outflow of $332 million, surpassing the previous record of $188 million set in late December. The ETF, which manages over $53 billion in assets, has faced consistent outflows since December 20, signaling potential investor concerns about its strategy or the broader market.
While large outflows can indicate a lack of confidence, they may also reflect portfolio rebalancing or profit-taking by investors. In contrast, other ETFs like Bitwise and Fidelity saw inflows of $48 million and $36 million, respectively. At the time of reporting, Bitcoin was trading just under $97,000, having gained 1.5% in the past 24 hours.
#CryptoTrends2024 $BTC #etf #BlackRock
🔔 Beware of Bitcoin's 'Shooting Star' Warning at Record Highs: Godbole
Bitcoin's recent price action has raised caution among traders, as it formed a "shooting star" candlestick pattern in December, indicating potential bearishness. After reaching a record high above $108,000, Bitcoin ended the month below $94,000, marking its first monthly loss since August. The shooting star pattern suggests that while buyers initially pushed prices higher, sellers took control, hinting at a possible reversal.
Analysts emphasize the importance of defending the December low of $91,186 to maintain bullish sentiment. This warning aligns with broader macroeconomic conditions, including hawkish signals from the Federal Reserve and a strengthening dollar. Despite short-term challenges, some traders remain optimistic about Bitcoin's trajectory for 2025, anticipating a rebound as the Fed may shift to a more dovish stance later in the quarter.
#bitcoin $BTC
Bitcoin's recent price action has raised caution among traders, as it formed a "shooting star" candlestick pattern in December, indicating potential bearishness. After reaching a record high above $108,000, Bitcoin ended the month below $94,000, marking its first monthly loss since August. The shooting star pattern suggests that while buyers initially pushed prices higher, sellers took control, hinting at a possible reversal.
Analysts emphasize the importance of defending the December low of $91,186 to maintain bullish sentiment. This warning aligns with broader macroeconomic conditions, including hawkish signals from the Federal Reserve and a strengthening dollar. Despite short-term challenges, some traders remain optimistic about Bitcoin's trajectory for 2025, anticipating a rebound as the Fed may shift to a more dovish stance later in the quarter.
#bitcoin $BTC
🪙 XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang
XRP surged by 11% as Bitcoin kicked off the new year with strong bullish momentum, driven by significant trading volumes on South Korean exchanges, particularly Upbit, which reported $1.3 billion in trades. Analysts noted that high trading volumes often precede price volatility, typically on the upside.
Bitcoin's price rose above $95,000, as market participants anticipate a bullish year, with projections targeting $185,000 for Bitcoin and $5,500 for Ethereum. The optimism is fueled by expectations of a more crypto-friendly U.S. administration under incoming President Donald Trump and the historical impact of Bitcoin halving events, which typically lead to price increases.
Overall, the broader cryptocurrency market saw substantial gains, with major tokens like Cardano, Solana, and Chainlink also experiencing increases.
#XRPUSDT🚨
XRP surged by 11% as Bitcoin kicked off the new year with strong bullish momentum, driven by significant trading volumes on South Korean exchanges, particularly Upbit, which reported $1.3 billion in trades. Analysts noted that high trading volumes often precede price volatility, typically on the upside.
Bitcoin's price rose above $95,000, as market participants anticipate a bullish year, with projections targeting $185,000 for Bitcoin and $5,500 for Ethereum. The optimism is fueled by expectations of a more crypto-friendly U.S. administration under incoming President Donald Trump and the historical impact of Bitcoin halving events, which typically lead to price increases.
Overall, the broader cryptocurrency market saw substantial gains, with major tokens like Cardano, Solana, and Chainlink also experiencing increases.
#XRPUSDT🚨
nice job bro 👏 thanks for share 🙏
Crypto Master 786
--
Alcista
$COW /USDT: BULLISH TREND EMERGING - BUY NOW! 🚀
Hey Binance Square Community! 🌟
The COW /USDT pair is currently trading at 0.9629 USDT, showing a significant 10.87% increase in the last 24 hours. The 24-hour high is 0.9779, and the 24-hour low is 0.8617. The trading volume for COW is 28.47M, while for USDT, it is 26.17M. The chart displays a bullish candlestick pattern, indicating a potential upward movement.
The current candlestick pattern is forming a bullish engulfing pattern, which suggests a strong buy signal. The price is trading above the EMA 50 line, indicating a bullish trend.
**Trade Scenarios:**
1. Bullish Scenario:
- Entry: $0.9630
- Take Profit (TP): $1.0500
- Stop Loss (SL): $0.9200
- Buy now - bull run confirmed! 📈
2. Bearish Scenario:
- Entry: $0.9200
- Take Profit (TP): $0.8617
- Stop Loss (SL): $0.9630
- Big move incoming - act fast! 🔻
**Market Outlook:**
The market is currently in a bullish phase with strong potential for further upward movement. Traders should watch for a breakout above the resistance level at $0.9779 for confirmation of continued bullish momentum. Conversely, a break below the support level at $0.9200 could signal a bearish reversal.
**Like, Comment, and Follow:**
If you found this analysis helpful, please like, comment, and follow for more updates! Your support helps us provide more valuable insights.
If you want analysis of any coin, you can comment the pair name below.
$COW
#Binance250Million #BinanceAlphaAlert #BTCRebounds95K #USStateBuysBTC #Write2Earn
Hey Binance Square Community! 🌟
The COW /USDT pair is currently trading at 0.9629 USDT, showing a significant 10.87% increase in the last 24 hours. The 24-hour high is 0.9779, and the 24-hour low is 0.8617. The trading volume for COW is 28.47M, while for USDT, it is 26.17M. The chart displays a bullish candlestick pattern, indicating a potential upward movement.
The current candlestick pattern is forming a bullish engulfing pattern, which suggests a strong buy signal. The price is trading above the EMA 50 line, indicating a bullish trend.
**Trade Scenarios:**
1. Bullish Scenario:
- Entry: $0.9630
- Take Profit (TP): $1.0500
- Stop Loss (SL): $0.9200
- Buy now - bull run confirmed! 📈
2. Bearish Scenario:
- Entry: $0.9200
- Take Profit (TP): $0.8617
- Stop Loss (SL): $0.9630
- Big move incoming - act fast! 🔻
**Market Outlook:**
The market is currently in a bullish phase with strong potential for further upward movement. Traders should watch for a breakout above the resistance level at $0.9779 for confirmation of continued bullish momentum. Conversely, a break below the support level at $0.9200 could signal a bearish reversal.
**Like, Comment, and Follow:**
If you found this analysis helpful, please like, comment, and follow for more updates! Your support helps us provide more valuable insights.
If you want analysis of any coin, you can comment the pair name below.
$COW
#Binance250Million #BinanceAlphaAlert #BTCRebounds95K #USStateBuysBTC #Write2Earn