Ether $ETH extended its two-day losses, dipping as low as $3,800 on Dec. 18, marking 4% losses over the last 24 hours.
#etherreum #ETH🔥🔥🔥🔥

Today’s crypto market decline is part of a correction that started during the late New York trading hours on Dec. 15 when $BTC tumbled from an all-time high of $108,364 reached on Dec. 17 on Bitstamp.

BTC price dropped as much as 5% to an intra-day low of $103,173 on Dec. 18. The decline in BTC triggered panic selling among crypto investors, with cryptocurrencies dropping across the board.

WILL $XRP MADE IT TO $3 BEFORE 2025?

IS it $EOS DOWNFALL?

Altcoin market updates: XRP, $BNB advance as traders bet on third consecutive Fed rate cut

As the geopolitical crisis surrounding the fall of the Assad regime in Syria tapered off this week, dovish figures on the latest US CPI data raised investor optimism across the crypto market.

Bitcoin price held firm above the $100,000 level, Ripple (XRP) cleared the $2.40 resistance, while resurgent trading activity saw Binance Coin (BNB) break past the $725 level on Friday.

Ripple’s RLUSD Stablecoin Attracts Frenzy Bids for 800 XRP Ahead of Release

Ripple’s upcoming RLUSD stablecoin is attracting bids upto 836 XRP on onchain marketplaces, despite being pegged to $1.

Speculators often engage in high-priced transactions for small quantities of a new token or NFT as a digital collectible.

RLUSD will go live on the XRP Ledger (XRP) on Tuesday.

Ripple’s upcoming RLUSD stablecoin is attracting bids upto 836 XRP ($2068) on onchain marketplaces ahead of its Tuesday release, a sign of frenzy among enthusiasts who may want to be the first to hold the token.

These bids range from 500 XRP ($1237) to as much as 836 XRP ($2068) as of Asian morning hours on Tuesday, CoinDesk viewed on the Xaman application. Each XRP exchanges hands for just under $2.5
#CryptoUsersHit18M #XRPGoal

Crypto Daybook Americas: Bitcoin Tops $106K as New Accounting Rule Takes Effect

today is when the FASB fair value accounting rule, which passed in 2023, takes effect, allowing companies to report their bitcoin holdings at fair market value instead of the purchase price. The change gives firms more control over how they classify these assets and may accelerate corporate adoption. Note, though, the new standard doesn’t apply to NFTs, wrapped tokens or internally generated digital assets.

Alex Kuptsikevich, an analyst at The FXPro, said, quoting a JPMorgan report, that publicly traded companies have already begun implementing a MicroStrategy-like strategy to add BTC to their balance sheets.

The rule change might also explain why BTC spiked above $106,000 in Asia, boosted further by President-elect Donald Trump's assurance to create a strategic BTC reserve and a short squeeze on Deribit.

Ether Volume Overshadows Bitcoin on HyperLiquid as Platform Activity Hits $500B

HyperLiquid's ether perpetuals have done more volume this week than BTC.

HyperLiquid's total perp volume since inception has surpassed the $500 billion mark.

The HYPE token has surged over 300% in two weeks and now boasts a bigger market value than the likes of AAVe, RAY and JUP.

Bitcoin (BTC) is not the only one setting milestones. HyperLiquid, the leading on-chain perpetuals trading protocol operating on its custom-built layer 1 blockchain, is setting impressive records, too, with the platform seeing more activity in ether (ETH) than bitcoin.

The cumulative perpetuals volume on the platform has surged past $500 billion, registering a staggering 15-fold year-to-date rise, according to DefiLlama.
#MarketNewHype #BTC☀ #etherreum

LINK, AAVE Rocket 30% as Trump’s World Liberty Financial Buys $2M Tokens

Data shows the project purchased $10 million in ether (ETH), and $1 million each in aave (AAVE) and Chainlink’s LINK tokens early Thursday.

President-elect Donald Trump is "chief crypto advocate" of the project.

World Liberty Financial uses data provider Chainlink's services for better integrating with the wider crypto ecosystem, and is also deploying an Aave instance.

Crypto wallets connected to the Trump family-supported World Liberty Financial project purchased millions of dollars worth of various major tokens early Thursday, causing their prices to rocket.

World Liberty Financial is a unified platform where users can borrow and lend cryptocurrencies, create liquidity pools and transact with stablecoins. WLFI serves as a governance token for the platform.

President-elect Donald Trump is "chief crypto advocate" of the project. Two of his sons, Eric and Donald Trump Jr., are "web3 ambassadors," while Barron holds the title of "DeFi visionary."

Data shows the project purchased $10 million in ether (ETH), and $1 million each in aave (AAVE) and Chainlink’s LINK tokens early Thursday. ETH prices surged 7% in Asian morning hours after the purchases, while $AAVE and $LINK prices surged 30% on the bullish sentiment.

Michael Novogratz's Galaxy Appoints Former Point72 Exec as CFO

Galaxy Digital has appointed Anthony Paquette as its new chief financial officer.

Paquette previously spent four years at Steve Cohen's Point72 overseeing the hedge fund's global finance.

Galaxy Digital's current CFO, Alex Ioffe, will transition into a senior advisor role.

Michael Novogratz's Galaxy Digital (GLXY) has hired former Point72 chief financial officer Anthony Paquette to serve in the same role at the crypto financial services firm.

$XRP Rallies 10% as Ripple's Stablecoin Gets Regulatory Approval, CEO Garlinghouse Says:.

The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.

What to know:
Ripple's U.S. dollar stablecoin received "final approval" from the New York Department of Financial Services, Ripple CEO Brad Garlinghouse said in Tuesday X post.

XRP, the native token of the Ripple-adjacent, surged 10% outperforming the broader crypto market.

RLUSD is in test mode on Ethereum and XRP Ledger, and has a $52 million supply.

XRP, the native token of the XRP Ledger (XRPL) network, surged during the U.S. afternoon hours on Tuesday as Ripple CEO Brad Garlinghouse said the company's much-anticipated stablecoin obtained regulatory approval from the New York Department of Financial Services.

Ripple ($XRP ) price also rebounded 2% to reclaim the $2.40 mark on Friday. 🚀

With the newly approved RLUSD stablecoin set to boost ecosystem liquidity and network demand, XRP price appears primed for another attempt at breaching the $3 territory, having topped out at the $2.91 level during last week’s rally.

Altcoin market updates: XRP, BNB advance as traders bet on third consecutive Fed rate cut.

As the geopolitical crisis surrounding the fall of the Assad regime in Syria tapered off this week, dovish figures on the latest US CPI data raised investor optimism across the crypto market.

Bitcoin price held firm above the $100,000 level, Ripple (XRP) cleared the $2.40 resistance, while resurgent trading activity saw Binance Coin (BNB) break past the $725 level on Friday.

Binance Coin (BNB) price surged 2.5% on Friday to emerge best performer among the top-10 crypto assets.

BNB’s price surge on Friday saw it break above the $725 resistance level for the first time in five days, signalling that trading activity with the retail dominated markets on Binance is now recovering after the abrupt downtrend earlier in the week.

$XRP , $BNB advance as Blackrock records 16-day Ethereum buying spree

The cryptocurrency sector valuation grazed the $3.6 trillion mark on Thursday, recording $252 billion worth of inflows since the market crash halted on Tuesday.

In the last 24 hours, 85,893 traders were liquidated with the total liquidations coming in at $204.96 million.

Blackrock's Ethereum ETF set a new record of 16 consecutive days of net-inflows.

$BTC Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles

Bitcoin climbed to $102,500 early Thursday after President-elect Trump reiterated his ambition to embrace crypto assets, but a bond market rout dragged risk assets lower.

The European Central Bank cut interest rates by 25 basis points and in its dovish policy statement hinted that more rate cuts were likely to happen.

Bitcoin rose as high as $102,500, its strongest price since last week's all-time record above $104,000. Not only did that rally not hold, but the $100,000 level didn't either, with the price falling to $99,800 by press time late Thursday afternoon.
#BitcoinKeyZone #BinanceSquareFamily

Solana is the fastest growing blockchain for new crypto developers: report

Solana is reported as the fastest-growing blockchain in terms of new crypto developers, with growth that is up to double-digit in a single year.

According to the Electric Capital report on Dec. 12, Solana $SOL  is the number one blockchain for new crypto developers, with annual growth up to 83%, surpassing the largest blockchain in the world, Ethereum $ETH .

The report found that 7,625 out of 39,148 new developers this year were using Solana as their first blockchain. This number has surpassed Ethereum with 6,456 new developers and others’ blockchains with 3,383. This trend has increased every year since a few years ago.

Ethena Labs has announced the launch date of its synthetic USDe stablecoin on Dec. 16, 2024, as the token’s market cap reached $5.73 billion, an all-time high.

In a post on X, Ethena Labs, built on the Ethereum blockchain, announced a possible launch for its stablecoin USDe which is pegged with the U.S. dollar. It is mainly built as a yield-generating asset rather than an intermediary for a transaction, similar to Tether (USDT) or USD Coin (USDC).

Data from on-chain and financial metrics provider Glassnode revealed that Chainlink $LINK futures open interest reached $770.27 million as LINK hit its highest levels in almost two years. OI, a measure of market activity, provides insights into investor sentiment, which appears bullish in this case.

Glassnode’s data from December 11 highlighted that Chainlink’s OI was nearly three times that of Toncoin $TON and twice that of TRON $TRX . Specifically, TON and TRX futures open interest stood at $259 million and $356 million.

"Not Pixel" crypto Set to listing Soon

A new cryptocurrency, "Not Pixel" is set to make its debut in the market, generating excitement among investors and crypto enthusiasts. The upcoming listing promises to offer unique features and a fresh perspective in the crowded crypto space.

Not much is known about the specifics of the project yet, but early teasers suggest a focus on innovation and user experience. The team behind Not Pixel Crypto is reportedly working on advanced blockchain technology, aiming to address common issues in the crypto world such as scalability, security, and ease of use.

As the launch date approaches, there is growing anticipation about what sets Not Pixel Crypto apart from existing cryptocurrencies. Investors and traders are eager to learn more about its utility, tokenomics, and potential applications.

With the cryptocurrency market continuing to evolve rapidly, Not Pixel Crypto’s entry is one to watch closely. As more details emerge, it could become a notable player in the digital currency space.
#NotPixel

$XRP
XRP Shows Bullish $ Trend After Hitting Key Support Line

XRP, the cryptocurrency associated with the Ripple network, has recently shown signs of bullish movement after bouncing off a critical support line. This technical pattern has garnered attention among traders and analysts alike, as it indicates potential for further price appreciation in the near term.

XRP faced downward pressure, struggling to maintain its bullish momentum. However, as it approached the support line, buyers stepped in, leading to a surge in buying activity. This has resulted in a notable uptick in price, sparking optimism among market participants that a new bullish trend could be in the works.

Technical Indicators Signal Potential Upside

Several key technical indicators align with the idea of a potential upward trend for XRP. The Relative Strength Index (RSI), which measures the momentum of an asset, is currently trending upward after previously dipping into oversold territory. A rising RSI suggests that bullish momentum is gaining strength, and XRP may have room to run before it becomes overbought.

In addition, the moving averages have started to converge, with the short-term moving averages moving above the longer-term ones. This is often referred to as a "golden cross" and is a bullish signal that indicates that the asset may continue to trend higher.

The support line, coupled with these technical indicators, points to the possibility of XRP heading toward a resistance zone, where it could face significant selling pressure.

However, if the price breaks through this resistance, the bullish trend could accelerate, potentially bringing new high🚀