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Weekend appetite in these altcoins: Bulls are interested! The crypto market has left behind a striking trading week. The declines that started on a classic Monday evolved into recovery increases on Wednesday. #Bitcoin rose above $100,000 again after falling to $94,000 in the past week. Altcoins had lost between 5 and 20 percent on Monday. Altcoins, which erased the effects of the declines throughout the week, started the weekend strikingly. Many altcoins entered Saturday with an upward trend. Hyperliquid (HYPE) Layer-1 blockchain Hyperliquid (HYPE) was one of the best performers of the past week. The highly popular blockchain project HYPE has increased by 43 percent in the last week. HYPE also increased by 21.1 percent in the last 24 hours. According to CoinGecko data, HYPE recorded a trading volume of $259 million in the last 24 hours. The popular altcoin has reached a market value of $7 billion. Gate (GT) The native token of crypto exchange Gateio, Gate (GT), has increased by 8.1 percent in the last 24 hours. The centralized exchange coin has made a name for itself. Recording a trading volume of $16.3 million in the last 24 hours, GT reached a market value of $1.633 billion. Flare (FLR) Flare (FLR), a blockchain that enables smart contracts to be used on the XRP blockchain, was among the fastest-rising altcoins of the day. FLR, which has increased by 7.4 percent in the last 24 hours, has a market value of $1.762 billion. XRP (XRP) $XRP , one of the most popular altcoins in the crypto industry, has faced selling pressure in the past week. XRP, which fell with a large-scale profit taking, started the weekend with a recovery signal. XRP has gained 7.1 percent in the last 24 hours. Ondo (ONDO) #Ondo (ONDO), which focuses on artificial intelligence and real world assets (RWA), has gained 6.5 percent in the last 24 hours. ONDO, which has a trading volume of $672 million in the last 24 hours, reached a market value of $2.779 billion.
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@Web3WithBinance ile 5 Milyon Dolar+ Airdrop Karnavalına katılmak için heyecanlıyız! 🎊 Şunları yaptığınızdan emin olun: 🔹 Binance Uygulamasının en son sürümüne güncelleyin 🔹 Airdrop Bölgesini keşfedin ve 5 Milyon Dolar+ ödülden payınızı alın! Hadi başlayalım! 🖥Daha fazla bilgi edinin: https://www.binance.com/en/support/announcement/launching-the-5m-airdrop-carnival-experience-the-revamped-binance-wallet-via-the-largest-airdrop-platform-ced2f229911c445b8541e01fe169653b
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Lido DAO (LDO) at a crossroads: Could it explode? Lido DAO ($LDO ) is flirting with the bull season with an increase in its total locked asset value. Ethereum-based liquid staking solution Lido has seen a 25 percent increase in Total Locked Value (TVL) in the last 30 days. Lido’s TVL is approaching its all-time high of $40 billion, which it reached in March. However, despite this growth, the Lido DAO Token (LDO) price may struggle to sustain its upward movement. Lido’s TVL was at $24.60 billion in November. TVL is a metric that measures the total value of assets locked or staked on a blockchain. An increase in TVL indicates more assets are flowing into the platform and increasing trust in the platform. An increase in TVL usually leads to increased liquidity, strengthened user trust, and increased demand for the platform’s native token. A decrease in TVL indicates that investors are losing confidence and are withdrawing their assets from the platform. According to DeFiLlama data, Lido’s current TVL is $38.57 billion, just $2 billion shy of its all-time high. This growth is rekindling confidence in Lido’s ability to deliver competitive returns. The LDO price has increased by 10 percent in the past 24 hours. One reason for this increase could be the Grayscale Lido DAO Trust. This development indicates that institutional investors will now have access to the Lido DAO Token. However, In/Out of Money Around Price (IOMAP) data suggests that it may be difficult for #LDO to reach $3. This is particularly evident due to the strong resistance at $2.32. Approximately 1,400 addresses have accumulated a total of 124.43 million LDO tokens at an average price of $2.32. This is higher than the amount of tokens purchased when the price was between $1.89-$2.22.
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“Bitcoin price to reach $740,000” Dan Morehead stated that the coming year will be very positive for Bitcoin and expressed his price target. Dan Morehead, founder and director of Pantera Capital, predicted in an interview with CNBC that 2025 will be a big year for Bitcoin and stablecoins. The cryptocurrency-focused hedge fund manager stated that institutional investors will flock to the sector. Morehead stated that most institutions are not currently focused on blockchain technology. However, he thinks that the crypto sector can grow significantly as this situation changes. Leading asset management company BlackRock recently offered investors 1-2 percent $BTC in their portfolios. Galaxy CEO Mike Novogratz called the proposal a “big moment” for crypto. Pantera Capital has large positions not only in Bitcoin but also in other popular altcoins such as Toncoin ($TON ) and Solana ($SOL ). Morehead predicts that the Bitcoin price could reach $740,000 in the long term. Although this target seems far-fetched for now, positive data from BTC halvings and spot ETFs gives hope for the long term. According to a forecast by Bitwise, BTC ETFs could attract more investment in 2025 than in 2024. Morehead said that the number of investors turning to Bitcoin has increased significantly compared to last year. Morehead also stated that there is nothing remarkable about Bitcoin doubling its value this year. “#Bitcoin has performed this way every year for 11 years on average,” Morehead said, expressing that Pantera Capital is hopeful for the crypto sector.
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What path will Bitcoin follow next year? In the last weeks of 2024, it has become a matter of curiosity whether the #Bitcoin (BTC) bull will continue. Spot Bitcoin ETFs, In 2024, when important events such as the US presidential elections and the resignation of SEC Chairman Gary Gensler took place, many cryptocurrencies, especially Bitcoin, rallied. As the last days of the year began, it was noteworthy that BTC was trying to hold above $ 100,000. Experts predict that the markets may become boring in the coming weeks due to year-end events. It is of great importance for BTC to stay above $ 100,000. The Matrixport report predicts that if $BTC holds above $ 100,000, it will rally by 60 percent in 2025. According to the Matrixport report, institutions will turn more towards Bitcoin ETFs in 2025. Positive macroeconomic data from the US and the expansion of the global liquidity pool will trigger the Bitcoin bull. Over $20 trillion is expected to be injected into global markets. Matrixport predicts that Bitcoin will also get a share of this injection. According to Matrixport's report, #BTC will reach $160,000 next year. Crypto analyst Titan of Crypto claimed in a post he made on X that Bitcoin will continue its rise. The analyst stated that a potential breakout is coming in the price chart he created. According to Titan of Crypto, the BTC price, which has emerged from the "green" section, will move towards the "red" zone. The target of this rise will be $170,000. The analyst, who said "Bitcoin is breaking new ground," concluded his sentences as follows; "Historically, such breakouts usually indicate explosive upward movements. Crypto analyst Crypto Rover, which is highly popular with global investors, also expects an increase in the BTC price. Crypto Rover predicts $BTC will reach $280,000 in a bull market.
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