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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.
#MarketNewHype
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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. #MarketCorrectionBuyOrHODL?
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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. $XRP $ONDO
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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.
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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. #BTCNextMove
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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. #BinanceAlphaAlert
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