Solana Retests Demand Area Amid Growing Bearish Sentiment
In the past 24 hours, Solana ( $SOL ) has dominated market discussions as bearish sentiment continues to grow. Despite this, Solana is currently retesting a demand area on the weekly chart, signaling a potential bottom that traders are closely monitoring.
Meanwhile, AI agent narratives remain strong, with tokens like $AIXBT, $FARTCOIN, $ZEREBRO, $ELIZA, and $VADER continuing to attract interest. Analysts highlight their potential rally in Q1 2025, encouraging traders to focus on winners in this sector.
Additionally, NFT token $PENGU gained traction following its CEX listing, attracting traders seeking short-term profit opportunities.
Overall Market Outlook: • The market remains in a recovery phase after Bitcoin’s recent sell-off. • Bitcoin $BTC is expected to range between $100K - $90K as dominance declines, potentially opening opportunities for Altcoin recoveries.
Kraken and Ondo Donate US$1 Million for President-elect Donald Trump’s Inauguration
Cryptocurrency platforms Kraken and Ondo each donated US$1 million for the inauguration of President-elect Donald Trump and Vice President JD Vance on Saturday (21/12).
Previously, Ripple also contributed US$5 million for the same event.
Arjun Sethi, Co-CEO of Kraken, expressed optimism that the Trump administration will support the digital asset industry and introduce pro-crypto policies.
So far, funds raised for Trump’s inauguration have surpassed US$200 million, breaking previous inauguration fundraising records.
Major companies contributing to the event include Mark Zuckerberg, Meta, Amazon, OpenAI, Ripple, Kraken, and Ondo.
Donors will receive exclusive access to special events, including cabinet appointments, ceremonies, inauguration parties, and the official Trump-Vance swearing-in as President and Vice President of the United States.
Tether Invests US$775 Million in Rumble After Adopting Bitcoin $BTC Backup Strategy
Tether (USDT), a leading stablecoin issuer, announced a US$775 million transaction activity with the Rumble (RUM) platform following its adoption of a Bitcoin (BTC) backup strategy.
Rumble CEO Chris Pavolski stated that the deal includes an initial US$250 million cash investment, granting Tether 103.3 million shares of Rumble common stock.
Tether CEO Paolo Ardoino emphasized that the company will continue holding Rumble shares while supporting the platform’s growth as a decentralized media outlet.
“Tether’s investment in Rumble reflects our values of decentralization, transparency, and the right to free expression,” Ardoino said.
Following the announcement, Rumble shares surged 40.75% on Market Watch.
Spot Bitcoin $BTC ETF Records US$277 Million Outflow Amid Price Decline
The Spot Bitcoin (BTC) Exchange Traded Fund (ETF) recorded a significant outflow of US$277 million on Friday (20/12), marking the second red day this week.
The largest outflow was seen in ARK 21Shares’ Bitcoin ETF (ARKB), which lost US$87 million. This was followed by BlackRock’s iShares Bitcoin Trust (IBIT) with US$72 million in outflows.
Other ETFs, such as Fidelity Wise Origin Bitcoin Fund (FBTC) and Grayscale Bitcoin Trust ETF (GBTC), also faced outflows of US$71 million and US$57 million, respectively.
However, Franklin Bitcoin ETF (EZBC) managed to record a US$5.6 million inflow on the same day, offering a slight positive note amid the outflows.
As of now, Bitcoin is trading at US$98,875, reflecting its downward trend over the past few days.
BPCE to Launch Cryptocurrency Investment Services by 2025
Banque Populaire Caisse d’Epargne (BPCE), one of France’s leading banking groups, is preparing to offer cryptocurrency investment services through its subsidiary, Hexarq, starting in early 2025.
This initiative follows BPCE’s approval from Autorité des Marchés Financiers (AMF), the French financial regulator. Hexarq recently secured a Virtual Asset Service Provider (PSAN) license, allowing BPCE to legally operate in the digital asset market.
The move reflects BPCE’s strategy to stay competitive in an increasingly digitized financial landscape. It also supports France’s ambition to lead the European Union in establishing crypto regulations and fostering innovation in the digital economy.
You can still buy, this price same like before we’re taking off, note: manage your risk dont get margin more than 8% to minimize your risk
LIVE
Wonda Odoms umir
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$TIA Hi! When can I add some buy order to my long position? I would like to catch the bull phase again. I am afraid of dumping, because I have to add a lot of money to improve my liquidity price. That's why my position could still open. TY!
Looks so bullish on $USUAL actually this range is good opportunity to buy because now usual cooling down after their pump after listing, you can buy it with multiple time entry for getting the good average prices and for the target could be on usual fib extension 2.168 & 3.168 which is as per below:
As per my previous post about $USUAL we get our target in the listing that would be at 1$ and now were going to fib extension 1.618 around 1.3$ some people taking profit on that level, congratulations to who buy $USUAL from my post 🔥
Is it ok to buy now? Wait and see for correction to see is there any chance to buy 🚀
Cathie Wood Predicts Bitcoin $BTC to Reach $1.000.000 by 2030 🚀
Cathie Wood, founder of Ark Investment Management, has expressed her bold prediction that Bitcoin (BTC) could surpass US$1 million by 2030. She attributes this potential to Bitcoin’s scarcity and the demand-supply dynamics, which she believes will drive its long-term value.
Wood emphasized that increasing adoption and crypto-friendly regulations will play a crucial role in this growth. She even suggested that Bitcoin could become rarer than gold, solidifying its position as a premier digital asset.
Additionally, Wood pointed to a potential shift in U.S. leadership, which she believes could accelerate the expansion of private businesses and investments, further fueling Bitcoin’s rise.
Beyond Bitcoin, Wood also commented on Tesla CEO Elon Musk’s increasing involvement in politics. She believes this could help ease regulatory barriers and open up new opportunities for investments across sectors.
While her projections remain a topic of debate, Wood’s unwavering optimism underscores Bitcoin’s role as a key strategic asset in the financial landscape of the future.
World Liberty Financial (WLFI) Holds Over $50 Million in Ethereum $ETH
World Liberty Financial (WLFI), a cryptocurrency project linked to US President-elect Donald Trump’s family, reportedly holds more than US$50 million in Ethereum (ETH) assets.
Recently, WLFI’s Treasury took advantage of a market downturn, acquiring US$2.5 million worth of Ethereum using the USDC stablecoin. This move underscores WLFI’s strategy to solidify its position in the digital asset space.
In addition to Ethereum, WLFI’s portfolio boasts US$72 million in other cryptocurrencies, including 102.9 Bitcoin (BTC), 72,387 Chainlink ( $LINK ), and 5,886 Aave ( $AAVE ). This diversified approach highlights the organization’s growing confidence in the volatile but promising crypto market.
iShares Bitcoin Trust (IBIT), BlackRock’s Bitcoin ETF, has reached US$57.8 billion in assets under management (AUM) in less than a year. In contrast, BlackRock’s gold ETF, iShares Gold Trust (IAU), took nearly 20 years to reach US$33.2 billion.
This achievement highlights Bitcoin’s growing popularity as an investment asset, particularly among institutional investors, positioning it as a stronger competitor to gold.
The rapid growth of IBIT demonstrates that digital assets like Bitcoin are not only rivaling but also surpassing traditional safe-haven assets such as gold in a significantly shorter timeframe. This milestone reinforces BlackRock’s status as a leader in modern financial innovation.
As per my previous post about $USUAL we get our target in the listing that would be at 1$ and now were going to fib extension 1.618 around 1.3$ some people taking profit on that level, congratulations to who buy $USUAL from my post 🔥
Is it ok to buy now? Wait and see for correction to see is there any chance to buy 🚀
Spot Ethereum ( $ETH ) ETF Inflows Drop to US$2.50 Million
The Spot Ethereum (ETH) exchange-traded fund (ETF) recorded an inflow of only US$2.50 million on Tuesday (18/12), marking a sharp decline from the previous day’s US$144.70 million.
This drop occurred as only BlackRock’s Spot Ethereum ETF (ETHA) reported positive inflows, with US$81.90 million coming in. Meanwhile, other Spot Ethereum ETFs experienced outflows or no activity at all.
Significant outflows were recorded by: • Grayscale Mini Trust (ETHE): US$49.20 million • Grayscale (ETHE): US$15.60 million • Bitwise (ETHW): US$14.60 million
Additionally, ETFs from Fidelity (FETH), VanEck (ETHV), Franklin (EZET), 21 Shares (CETH), and Invesco (QETH) reported no fund flows during the same period.
As of now, Ethereum’s price has declined 4.55% in the last 24 hours, trading at US$3,668 per coin.
Why this 5 token shiuld be on your watch list? This 5 token is on their demand area on 4H time frame and alson after the pullback this token is having a strong bounce than the other.
The Federal Reserve (FED) recently announced plans for gradual rate cuts, which led to significant market reactions. This triggered notable sell-offs, especially in the U.S. stock market. However, in the long run, this doesn’t alter the fundamental outlook for cryptocurrency.
We still maintain the belief that $BTC Bitcoin’s “main target” for this cycle remains at $120K, despite the inevitable “bumpy roads” along the way.
From a technical perspective, Bitcoin is currently in a critical zone. Risk indicators are flashing red, fear and greed levels are at extreme greed, demand has decreased, and distribution indicators suggest a possible correction.
As previously advised, taking partial profits and securing moonbags for Altcoins remains a prudent strategy. While this won’t completely shield a portfolio from drawdowns, it can mitigate losses and provide additional capital for future moves.
Given the dynamic nature of the crypto market, it’s challenging to predict daily price movements with precision. The key is to focus on the “bigger picture.”
It’s likely that Bitcoin will consolidate around the $100K range, with price action continuing to evolve. Stay cautious and, above all, avoid being greedy!
Several car dealerships have started accepting Bitcoin as a payment method, signaling the expansion of digital payments beyond the financial industry into the transportation sector.
What’s notable is the increasing number of manufacturers and dealerships adopting crypto payments, which has grown by 34% this year in line with rising digital currency adoption.
Among the companies leading this trend are Prestige Cars Kent in the United Kingdom, HGreg in the United States, Bitcars in Europe, and GTA Cars in the United Arab Emirates. These dealerships collectively offer up to 280 types of cars, including luxury brands like Lamborghini and Rolls Royce.
For those worried about not having enough crypto, there’s no need to stress—dealerships also accept fiat currency to cover any shortfall.
The topic of a Strategic $BTC Bitcoin Reserve has been trending on social media platform X, generating significant attention with over 26,400 mentions. The discussion reached the top 5 trending topics on Wednesday morning (12/18).
This surge in conversations is attributed to reactions from X users regarding the recent plan. One notable post highlighted comments from Bitwise Chief Investment Officer Matt Hougan, who suggested that Bitcoin could reach as high as US$500,000 if the United States were to implement a Strategic Bitcoin Reserve.
Another key point of interest is the Strategic Bitcoin Reserve Bill introduced in Ohio. This bill allows the Ohio Treasurer to invest in digital assets as part of the state’s broader financial strategy, sparking further discussions.
Additionally, the Satoshi Action Fund, led by Dennis Porter, made waves by filing a draft executive order aimed at establishing a Strategic Bitcoin Reserve. The initiative intends to utilize seized Bitcoin to help stabilize the US dollar, adding more fuel to the growing conversation.
After correction last week we now can see others.d bounced before the order block still waiting for the confirmation tomorrow, wait and see for the FOMC results. Hopefully we have a great news from the FOMC meeting.
1. TAO (Laminar AI Protocol) TAO is a protocol tailored to support decentralized AI model creation and training, addressing the problem of monopolies in the AI industry by offering distributed access to computational resources.
• Unique Use Case: Targets decentralized AI and data management, aligning with market demands. • Growing Ecosystem: Supported by strategic partnerships advancing AI innovation. • AI Industry Trends: Blockchain-based AI infrastructure is in high demand.
2. ICP (Internet Computer Protocol) ICP enables AI applications to operate directly on the blockchain without relying on traditional servers, providing seamless and scalable solutions.
• Technological Innovation: Directly running AI models on the blockchain distinguishes ICP from competitors. • High Scalability: Offers fast response times for AI-based applications.
3. FET (Fetch.ai) Fetch.ai integrates blockchain and AI-based autonomous agents for efficient data management, task automation, and real-world applications.
• Broad Use Cases: Solutions for smart cities, DeFi, and supply chain management. • Strategic Partnerships: Collaborations with major players like Bosch enhance credibility.
4. GRT (The Graph) The Graph serves as an indexation protocol for blockchain data, facilitating access for AI-driven projects and decentralized applications.
• Infrastructure Pillar: A foundational tool for AI data integration on blockchain networks. • Web3 Ecosystem Growth: Critical for clean and organized data essential for AI applications.
5. AKT (Akash Network) Akash Network provides decentralized cloud services optimized for AI computing, offering cost-effective and transparent solutions.
• Cost Efficiency: More affordable and transparent compared to traditional cloud providers. • Large Market: Positioned to capture the growing AI cloud infrastructure demand.
Ethena Labs ( $ENA ) Launches UStb Stablecoin Backed by BlackRock Fund
Buy/Sell click on chart 🚀
Ethena Labs, a Decentralized Finance (DeFi) company operating on the Ethereum blockchain, has officially launched UStb, a new stablecoin fully backed by BlackRock’s BlackRock USD Institutional Digital Liquidity Fund (BUIDL), with funding exceeding US$522 million.
UStb is designed as a traditional asset-backed stablecoin, differing from Ethena’s synthetic dollar stablecoin, USDe. Ethena Labs positions UStb as a complementary product to USDe, particularly useful in mitigating challenges like negative funding rates or market volatility.
Ethena’s governance framework allows for the potential reallocation of backing assets between USDe and UStb to ensure stability.
Through partnerships with BlackRock and Securitize, Ethena Labs aims to bolster the credibility and versatility of its stablecoins, offering users diverse options to navigate various market conditions.
In the past 48 hours, whales have purchased 70,000 Bitcoins (BTC) worth over US$7.28 billion, despite Bitcoin’s high price of US$108,000 per coin.
According to cryptocurrency analyst Ali Martinez, the acquisitions began on the night of December 17 and were transferred to whale wallets.
This significant accumulation has contributed to Bitcoin’s return to its all-time high price. Analysts suggest that the activity of whales and institutional buyers may be driving the upward momentum in Bitcoin’s market value.