📜 New Crypto Accounting Guidelines
The Financial Accounting Standards Board has released new guidelines for accounting practices related to crypto assets. This could significantly impact how companies report their digital holdings!
#CryptoAccounting #FASB #Guidelines

🎮 SEC Notice for CyberKongz
🚨 The gaming token CyberKongz has received a Wells Notice from the SEC, signaling potential regulatory actions that could shake up the gaming token market!
#CyberKongz #SEC #GamingTokens

💰 Ethena's Stablecoin Success
🎉 Ethena's USDtb stablecoin launched successfully, achieving a total value locked (TVL) of $65 million on its first day! Strong market interest is evident!
#USDtb #Ethena #Stablecoin

🐋 Ethereum Whale Activity
📈 A report shows that 104 whale wallets now hold 57% of all Ethereum ($ETH). This is seen as a bullish sign for the cryptocurrency!
#Ethereum #Whales #Bullish

⚡ Michael Saylor Defends Bitcoin Strategy
🔥 MicroStrategy's Michael Saylor has hit back at critics labeling the company's Bitcoin strategy as a Ponzi scheme, defending their approach with confidence!
#MichaelSaylor #MicroStrategy #Bitcoin

🔄 Mt. Gox Bitcoin Transfers
💸 Mt. Gox has transferred $172 million worth of Bitcoin to new wallets as Bitcoin's price hovers around $107,000. What does this mean for the market?
#MtGox #Bitcoin #Transfers

🛡️ MicroStrategy Bankruptcy Speculation
🗣️ CryptoQuant's CEO stated that MicroStrategy would only face bankruptcy in extreme scenarios, like an asteroid strike, showing confidence in their strategy!
#MicroStrategy #Bankruptcy #CryptoQuant

💥 XRP Short Liquidation Risk
⚠️ A looming risk of $272.3 million worth of XRP shorts facing liquidation if the price of XRP reaches $3. Keep an eye on this!
#XRP #Shorts #Liquidation

🇫🇷 Bybit Service Changes for France
📢 Bybit has announced it will end withdrawal and custody services for its French users by January 8, 2025. Stay informed!
#Bybit #France #CryptoServices

🎙️ Ethereum Whale Movements
🐳 A new report highlights that Ethereum whales are actively making significant moves in the market. What could this mean for prices?
#Ethereum #WhaleWatch #MarketMovements

🇪🇺 Tether's European Investment
💼 Tether has invested in StablR to promote the adoption of stablecoins in Europe, indicating a strong push for growth in the region!
#Tether #StablR #Stablecoins

🚀 Bitcoin Sets New Record
🎊 Bitcoin has reached a new all-time high of $108,000! A significant milestone for the cryptocurrency!
#Bitcoin #ATH #CryptoMilestone

🏛️ EU Digital Euro Debate
🗳️ European MP Sarah Knafo has called on the EU to reject the digital euro and instead establish a strategic reserve of Bitcoin. A bold move!
#DIGITALEURO #BitcoinReserve #EU

🪙 Bitcoin ETFs Outperform Gold
📊 In the U.S., Bitcoin ETFs have surpassed gold ETFs in assets under management (AUM), reflecting growing institutional interest in Bitcoin!
#BitcoinETFs #GoldETFs #InstitutionalInterest

🛠️ Avalanche's Major Update
🚀 Avalanche has rolled out Avalanche9000, its largest update since the mainnet launch, enhancing its platform capabilities!
#Avalanche #Avalanche9000 #BlockchainUpdates

Trending tokens to watch: 🔥🎁$TRX 🔥🎁

🔥🎁$NEAR 🔥🎁

🔥🎁$HBAR 🔥🎁

! One decision today could redefine your tomorrow!

TRON (TRX) has reached a new milestone, hitting an all-time high of $0.45 on December 3, 2024. This remarkable surge represents a 100% increase within a short period, showcasing the strength and potential of this blockchain-based cryptocurrency.
TRON’s breakthrough into the top 10 cryptocurrencies marks a significant achievement in the crypto world. Its ability to attract users and developers is reflected in its price action and growing market cap. As the blockchain ecosystem evolves, TRON’s role is becoming increasingly vital. 🌐

#TRXSurge
#CryptoMilestone
#BinanceCrypto

Blum Sets Sights on Token Generation Event for Q1 2025
The crypto community is buzzing as Blum officially announces its highly anticipated Token Generation Event (TGE) scheduled for Q1 2025. This milestone marks a critical moment in Blum's roadmap, providing a long-awaited update for miners, investors, and stakeholders eager to see the project’s progress come to fruition.
The TGE represents a defining step forward, demonstrating the team's unwavering commitment to achieving its ambitious objectives. Over recent months, Blum has focused heavily on its mining process, keeping the community actively engaged. However, this announcement raises an important question: has the excitement surrounding the TGE fueled continued mining efforts, or has anticipation caused activity to slow?
For many in the Blum ecosystem, this announcement serves as a reassuring signal of progress. It not only underscores the project’s dedication to delivering on its promises but also reignites enthusiasm as the countdown to Q1 2025 begins. While the specific date of the TGE is yet to be revealed, this clear timeline provides much-needed direction and momentum.
As Blum takes center stage in the crypto world, all eyes are on the project's next moves. The upcoming TGE is poised to be a transformative event, potentially elevating Blum’s position within the market. With the excitement building, the community and broader crypto audience eagerly await further updates.
Stay tuned as Blum continues to move toward this pivotal milestone, reshaping its trajectory and solidifying its place in the evolving blockchain landscape.
#CryptoMilestone #BlumTGE2025 #blockchaininnovation #CryptoFuture #Debate2024

Altcoin season alert – Ethereum’s golden cross might be the first sign!

Ethereum’s technical indicators pointed to a sustained price hike on the charts
ASI revealed that a new altcoin season may have arrived
Ethereum [ETH] has outperformed Bitcoin [BTC] over the past week with its bullish price action. There is more to the story though as the king of altcoins recorded a golden cross too. This may have the potential to push ETH further up the price charts.
There’s another question to be raised here though – Will this golden cross pull the final trigger for an altcoin season?
Ethereum’s latest golden crossEthereum’s market bulls pushed the altcoin’s price up by over 8% this week, significantly higher than BTC’s weekly gains of 3%. This was the case over the last 24 hours too, with ETH climbing by over 3%.
The better news, however, was that a golden cross appeared on ETH’s chart after a year. To be precise, ETH’s 50-day SMA flipped its 200-day SMA. Such an episode was last seen back in 2023.
That was also a period during which the market’s altcoins started to run strongly. Therefore, the chances of a new altcoin season arriving shortly this time might be considered high.
In fact, Ethereum’s bull rally might continue even further, as evidenced by the fall in the token’s NVT ratio. A drop in this metric means that an asset is undervalued, hinting at a price uptick in the coming days.
To double-check, AMBCrypto assessed the token’s daily chart too. The technical indicator MACD flashed a bullish advantage in the market.
Additionally, the Chaikin Money Flow (CMF) also registered an uptick. This meant that buying pressure has been increasing lately and that the asset may be entering an uptrend.
Has an altcoin season arrived?As mentioned previously, when ETH’s 50-day SMA flipped its 200-day SMA in 2023, the market’s altcoins rallied. Therefore, we checked the altcoin season index to find out whether that can be the case on this occasion.
As per our analysis, the altcoin season index had a value of 86, at the time of writing. A value above 75 indicates an ongoing altcoin season. In light of the same, it’s safe to say that an altcoin season has finally arrived.
Here, it is interesting to note that other top altcoins have corresponded to this development by pushing their prices up over the last 24 hours.
For example – XRP registered a 6% price hike in 24 hours. The likes of BNB and Dogecoin [DOGE] were also not left behind, as their values pumped by 3.3% and 4%, respectively.
However, it was surprising to note that despite their bullish price actions, investors’ confidence in these three tokens dwindled.
According to Santiment, all of these coins’ weighted sentiments dropped —A clear indication of rising bearish sentiment in the market, which could cause trouble for the new altcoin season.
#Ethereum #ETH #AltcoinSeason #CryptoMilestone #CryptoNews