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Switzerland Proposes Adding Bitcoin to National Reserves in Constitutional Law This audacious move may establish a new global model for integrating legacy finance with decentralized innovation.
Here’s the deal: There’s a movement to collect 100,000 signatures to force a public referendum. Should it pass, Switzerland's citizens will determine the future of this groundbreaking initiative, but one thing is certain this would place Bitcoin in the history of Swiss finance.
But why does this matter?
🌟 Cementing Bitcoin as the “Digital Gold”: The addition of bitcoin to Switzerland’s reserves would help fortify its status as a global store of value.
Imagine the power of a decentralized economy! 💡 Financial Sovereignty — DeFi would lessen the dependence on traditional systems and increase economic resilience.
🌍 A Worldwide Shift, One Nation At Time: If Switzerland succeeds, other countries may follow suit, revolutionizing the global financial order.
But this ambitious plan comes with questions, too:
Will this ignite a wave of adoption or create renewed financial pains?
Will this shift continue in other countries, or will they resist it?
Switzerland’s push, as the crypto world watches, could reshape the future of money. Would you be an advocate for your country to take a similar leap? Let’s spark the conversation!
XRP Leaves Bitcoin and Dogecoin in Dust as It Dominates South Korean Crypto Market
South Korea's crypto market is abuzz with commentary as XRP has outpushed Bitcoin (BTC) and other mainstream currencies, including Dogecoin (DOGE) in trading business. Moreover, XRP trading volume on big exchanges including UpBit and Bithumb has skyrocketed to new all-time highs, attracting considerable attention from traders.
Within a day, XRP exchange volumes on these two alone climbed above $800 million. The most dominant of all exchanges was again and UpBit as XRP trades topped $600 million, while Bithumb swinging more than $200 million. XRP had more than double the trading volume of bitcoin on these exchanges, and other tokens including dogecoin and ethereum received less than a quarter of that activity.
So, Why Is XRP Attracting So Much Attention?
High trading volumes are indicative of heightened interest, and can result in significant price movements. This sudden surge in XRP activity could foreshadow some major changes, especially in South Korea, where traders tend to be fervent and quick to react. Be it the early price increase or a late price slump, the market is likely to experience a breakout.
South Korean traders have a reputation for being behind dramatic price runs, especially when news or political developments in the country are driving market sentiment. XRP has quietly become one of the favorites among these traders this year, with its price closely tracking local and global market trends.
What Could Happen Next?
XRP's trading volume surged, suggesting increased market activity and potential volatility. If this moment has trending price movement, then XRP may soon break through key levels to either rally or face a correction. XRP Rules South Korea For Now
XRP is still standing strong in a booming market — for both the currency and its fans, it’s the one to watch. For traders and trend watchers alike, XRP makes for an interesting watch and a potently traded coin.
CryptoMarket: BTC, ETH, ADA, DOGE & PEPE — January Update: No, not show time! 🌟
Whoever the owner of PEPE, BTC, DOGE, ETH, or ADA, this does not concern you. With January traditionally being a month that changes the game in crypto, we’re witnessing positive signs of growth that could ultimately set the stage for the direction the market takes in early 2025. So let’s get into what’s going on with these coins and what to keep an eye out for in the coming weeks!
PEPE (The Meme Coin Maverick) 🐸
Current Trends — PEPE has taken the spotlight during the meme coin mania. Elon Mu
#BTCMiningPeak What Comes Next for the Bitcoin Mining Industry
Bitcoin mining has long stood as a bedrock of the cryptocurrency ecosystem, underpinning the security of the network and validating transactions. But as Bitcoin nears its 21 million coin supply cap, the mining landscape is shifting.
The BTC mining peak refers to the moment when the highest number of Bitcoin miners have competed for block rewards. Ever-growing electricity costs, continual halving events with Bitcoin, and progress i
$BNB BNBUSDT coin pair also serves as a linchpin in the crypto market trend, shedding light on Binance Coin (BNB) stable nature against the USDT stable coin. At present, BNB exhibits stable but vigorous trends, fueled by growth from the Binance ecosystem and the emergence of the DeFi sector. Its low liquidity and transaction cost are one reason the pair is popular among traders.
Pros: Long term value as BNB has use cases like fee discounts, staking, and token burns. Nor do USDT's defiance ensures a good trading experience. That said, risks remain with things like regulatory scrutiny on Binance and dependency on the market.
In the future, however, BNBUSDT is a great opportunity that will allow innovation and confidence in the new crypto world.
The cryptocurrency market is rapidly evolving, establishing itself as a major player in global finance by the end of 2025. Today, Bitcoin and Ethereum are the majors on the market, while DeFi and tokenized assets are circulating and evolving. Blockchain adoption across industries is accelerating — from banking to supply chain management.
Prospective outlook: institutional adoption, better security protocols, smarter transactions with AI and IoT integration. But still challenges such as regulatory uncertainties, scalability issues, and market volatility persist. In 2025, crypto will serve as the connective tissue between traditional finance and Web3, transforming the very landscape of finance.
So as we party on the this festive season, crypto market mirrors the spirit of the holiday with the resilience and growth potential. Bitcoin continues to be steady, while altcoins are seeing strong adoption in NFTs and DeFi. Institutional investments signal rising trust — making crypto mainstream. However, volatility and regulatory uncertainty are still major obstacles. The pros? Increased inclusivity, monetary innovation, and cross-border transactions. The cons? Price instability and safety threat. Merry crypto Xmas: The miracle of crypto evolution, giving hope for a future where cryptocurrencies revolutionize financial systems around the world.
As we wrap up 2024, the cryptocurrency space, especially Bitcoin, is undergoing a massive comeback rally. In December, Bitcoin reached a historic milestone over $100,000, setting a new all-time high at $106,496 due to $5.5 billion inflows of institutional interest and friendly U.S. laws. In this landscape, Bitcoin ETFs — such as BlackRock’s iShares Bitcoin Trust — served as a key catalyst for investments, marking a newfound trust in the market from institutions.
Q4 2024 saw a close to 50% gain for Bitcoin, despite a 2.4% dip in December, a conservative price target of $86,000, and an ambitious target of $118,000. Favorable trends include Donald Trump’s crypto-friendly presidency and global regulatory news including CBDC pilots.
Other sectors took off too, with memecoins seeing a resurgence and tokenized assets making a run for $13 billion. Ethereum’s market cap exceeded $400 billion, and the NFT market recovered $757.57 million in sales. An all-time high, driven by a supporting cast of institutions, regulation and the market outlook, creates a very bullish future for 2025.
Signs of a potential Bitcoin market rebound emerge as 2024 comes to a close Bitcoin also recovered from key support levels, including 92,800 0.0% and continued to gain, despite a 2.4% drop in December as supported by technical measures, including Bollinger Band and Fibonacci corrections. Analysts expect it to jump to $105,000, on positive market sentiment and bullish pattern.
From an on-chain metrics perspective, there are signs of decreasing severity in Bitcoin’s drawdown cycles, with the realized price of long-term holders sitting at $86,000 acting as an important support. The potential for regulatory greased with Donald Trump's crypto-friendly policies to Bitcoin spot ETFs’ approval fuel even more optimism.
More access and confidence in Bitcoin as a global asset. Despite continued short-term turbulence, the long-term outlook has remained upbeat, with one priceprediction being $180,000 by the third quarter of 2025. Investors are advised to keep an eye on technical levels, regulatory changes, and institutional flows to take advantage of optimized for the market's recovery.
Well, as of December 2024, the cryptocurrency market is in deep volatility and a bearish trend affecting a lot of things such as, recent rising Treasury yields in the United States and the Federal Reserve policy announcement on December 18 which contributed to a $500 billion drop in total market capitalization. Bitcoin, which trades at less than $100,000, has fallen by 8.3% the last week, and other large cryptocurrencies such as Ethereum and XRP have also lost ground. In years past, the Christmas holiday season has been hit and miss as far as cryptocurrency's performance, soaring during bullish cycles and tanking during bearish markets.
Lower trading volumes on holiday are amplifying market volatility as Bitcoin futures are currently hovering around a critical range of $92,000 to $98,000. Bearish investor sentiment is reflected in profit-taking that has led to a wider-market decline of 14% from its all-time high.
Positive factors such as the potential for a post-Christmas rally, Trump’s crypto-friendly presidency, and Bitcoin spot ETF approvals all lend cause for optimism of a recovery. Despite several hurdles, these could undergird near-term strength for Bitcoin above $90,000.
#BTCOutlook $BTC Bitcoin (BTC) price prediction coverage for December 2024: bullish highs & volatility Price prediction models indicate that BTC may reach to $110,000 in December 2024, with high of $106,542 and low of $82,771.
Others anticipate the bull run to last until 2025 with potential price points around $200,000. But it also warns of a major bearish impact in 2025 that could bring the price back down to $65,000-68,000.
2024's halving event will create increased scarcity and push the price higher, leading to a general uptrend[1]. It has to be stood because of the excessive volatility of the crypto marketplace, though, traders need to guard condition.