DYDX price is gradually approaching the downtrend line and the imbalance zone at $1.755. ⚡️
If the price enters the imbalance zone, but fails to consolidate above the trend line, we can expect another decline to the lower liquidity zone near the level of $1.250. And from this zone to look for a true price reversal.
The SOL price showed a reaction to the area of imbalance. ✅
The price was not able to cover the whole area of the imbalance zone, but it was able to show an impulse reaction to the zone and grew by 14%. It was possible to take a good profit on a leveraged trade. 🔥
Bitcoin social sentiment drops to yearly low, signaling BTC breakout
Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency.
Bitcoin's price is currently down over 10% from its all-time high of above $108,300 recorded on Dec. 17, trading above $97,150 as of 12:38 pm UTC, Cointelegraph data shows.
4 Cryptos to Buy Now to Turn $100 Into $10,000 By the Time Bitcoin Touches $120,000
Rexas Finance (RXS): A platform enabling fractional ownership of real assets like real estate and fine art. Its presale has raised over $29 million, and it's expected to list at $0.20 in early 2025. It's a versatile tool for tokenization and offers security, as it's fully audited.
Avalanche (AVAX): Known for fast, eco-friendly transactions, it’s a favorite for DeFi and NFT projects. With its innovative consensus mechanism, Avalanche is poised for growth, especially with the rising demand for these markets.
Polkadot (DOT): A multi-chain network that connects various blockchains, allowing for the development of efficient decentralized apps. With a solid market cap and growing interest in parachain auctions, Polkadot is well-positioned for expansion.
Sui (SUI): A scalable blockchain ideal for decentralized apps and gaming. Its design allows for concurrent transactions, offering better efficiency and cost savings. It’s primed to meet the increasing demand for scalable blockchain solutions.
These coins could see significant gains as Bitcoin approaches $120,000.
🚀 **Ethereum (ETH) - The Future of Decentralized Finance and Smart Contracts** 🚀
Ethereum continues to show why it's the dominant smart contract platform and a true leader in the blockchain space. With its transition to **Ethereum 2.0** and the shift to a more sustainable **Proof of Stake (PoS)** consensus, ETH is set to scale and become even more efficient. This shift not only reduces energy consumption but also makes it more attractive to investors and developers alike.
🔒 **Security** – Ethereum's network is incredibly secure, and with the addition of **Layer 2 solutions** like Optimism and Arbitrum, transactions are faster and cheaper than ever before. Ethereum is evolving and adapting to meet the growing demand for decentralized applications (dApps).
🌍 **Global Adoption** – Ethereum has the largest and most vibrant ecosystem of dApps, NFTs, and DeFi protocols. Major institutions, developers, and businesses are continuing to build on Ethereum, solidifying its place as the backbone of the decentralized web.
💡 **Innovation** – Ethereum's ability to upgrade and implement new features (like **Sharding** and **EIP-4844**) means it can keep up with emerging trends, including decentralized finance (DeFi), non-fungible tokens (NFTs), and more.
📈 **Price Outlook** – With Ethereum’s network scaling, global adoption growing, and continuous innovation, ETH is positioned for substantial growth. The path ahead looks bright, and ETH’s utility and value will only increase as it solidifies its place in the next wave of digital transformation.
💎 **The Ethereum Revolution Is Just Getting Started** – Get ready for Ethereum to continue its journey toward becoming the global decentralized platform of choice. 🚀
XRP is leading the charge in fast, low-cost, and scalable blockchain solutions for global payments. With transactions completed in just 3-5 seconds and incredibly low fees, it's already adopted by major financial institutions like Santander and American Express.
HBAR, the native token of the Hedera Hashgraph network, is making waves as one of the most scalable, secure, and sustainable blockchain projects in the market. As we move into a world where speed, efficiency, and decentralized applications are key, Hedera’s unique Hashgraph consensus algorithm positions HBAR as a game-changer in the space.
Why HBAR?
🔹 Scalability: Hedera can process over 10,000 transactions per second (TPS), making it faster than traditional blockchains like Ethereum or Bitcoin.
🔹 Security: With its unique Hashgraph consensus algorithm, HBAR ensures unmatched security, reducing the risk of network attacks or data breaches.
🔹 Sustainability: Hedera’s eco-friendly approach to consensus makes it one of the most energy-efficient blockchain platforms available.
🔹 Enterprise Adoption: Hedera is trusted by some of the biggest enterprises globally, including Google, IBM, and Boeing, highlighting its real-world application and reliability.
🔹 Low Fees & Fast Transactions: The Hedera network boasts ultra-low transaction fees and lightning-fast confirmation times, driving greater adoption in real-world scenarios.
🚀 As blockchain adoption grows and the need for efficient, secure, and scalable solutions increases, Hedera (HBAR) is positioning itself to dominate the space. Don’t miss the chance to be part of the revolution! 🌐
Bloomberg analysts expects ‘wave of crypto ETFs’ next year but some hurdles remain
A “new wave” of crypto exchange-traded funds (ETFs) is expected in 2025 as the regulatory landscape improves under the incoming Trump administration, according to Bloomberg Intelligence analysts. Bitcoin-Ethereum (ETH) combination products will likely lead the charge, followed by Litecoin (LTC) and Hedera Hashgraph (HBAR).
However, legal and regulatory hurdles are expected to delay ETFs tied to Solana (SOL) and XRP, leaving their future uncertain.$BTC $ETH $SOL #XRP #ETFs #HBAR #LTC #
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