In recent announcement, Cardano will unlock 18,530,000 $ADA | M_Maestro on Binance Square

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In recent announcement, Cardano will unlock 18,530,000 $ADA  tokens on December 16th, constituting approximately 0.05% of the currently circulating supply. #AdaFundamentals 

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🚨El Salvador makes $BTC payments voluntary in $1.4B IMF loan deal🚨 El Salvador is set to make $BTC acceptance by merchants voluntary, reduce its involvement with the Chivo wallet, and limit public sector engagement with $BTC as part of a $1.4 billion loan agreement with the International Monetary Fund (IMF). The country will receive $1.4 billion over 40 months, aiming to reduce its debt-to-GDP ratio. In return, El Salvador agreed to IMF's conditions, including only accepting taxes in US dollars and gradually scaling back government involvement in Bitcoin. El Salvador has been buying Bitcoin since 2021 and now holds around 5,969 Bitcoin, worth about $602 million. The agreement, which still requires IMF Executive Board approval, ends four years of negotiations and marks a shift away from President Nayib Bukele's Bitcoin push. Despite Bukele's stance, the IMF has long criticized Bitcoin’s speculative nature. The deal could unlock additional loans from other institutions, totaling over $3.5 billion. A recent survey showed that 92% of Salvadorans don't use Bitcoin for transactions, up from 88% in 2023. #Bitcoin❗ #bitcoinnewsupdate #MarketPullback

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🚨Crypto Facing $1.2 Billion Liquidation Bloodbath as XRP, DOGE, and ADA Record Stunning Losses🚨 Over the past 24 hours, more than $1.2 billion worth of cryptocurrency has been liquidated, according to CoinGlass data. The vast majority of this liquidation, about $1.07 billion, was due to long positions being wiped out. The largest individual liquidation occurred on Binance, where a trader lost almost $16 million. Binance topped the list of platforms with the highest total liquidations, amounting to $546 million. Earlier today, Bitcoin's price dropped to a low of $96,682, as per CoinGecko, marking a nearly 7% decline within the past 24 hours. Altcoins have been hit even harder, with $XRP token plummeting by up to 10%. Other major cryptocurrencies, including $DOGE and $ADA , have also seen significant losses, with declines of 19.4% and 15.7%, respectively. The recent downturn in the crypto market follows a shift in sentiment after the US Federal Reserve suggested it would scale back its easing measures in 2025, following a "hawkish" rate cut stance. This has led to a reduced outlook for risk assets, with only two rate cuts expected in 2025. US stocks have also come under pressure, with the Dow Jones recently experiencing its longest losing streak in 50 years. Matt Hougan, Chief Investment Officer at Bitwise, commented that higher interest rates negatively impact risk assets and that the Fed’s announcement contributed to a sharp market pullback. He also highlighted the role of leverage in amplifying the recent market correction, stating, "Leverage is a fact of life in crypto, and when sharp market pullbacks occur, leveraged positions are often liquidated." #MarketCorrectionBuyOrHODL #MarketPullback #Fed25bpRateCut

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🤔Is there big rally ahead for $XRP ?🔥🔥 XRP's price has been on the rise since it broke out from the $2.320 level, showing signs of further upward movement with the potential to surpass the $2.55 resistance. The price surged above the $2.40 mark, following the positive momentum in Bitcoin and Ethereum, and continued to break through key resistance levels at $2.45 and $2.50. Additionally, $XRP broke through a bearish trendline with resistance at $2.44 on the hourly chart, briefly spiking above $2.55 before encountering selling pressure. The peak was at $2.5870, after which the price entered a consolidation phase. Afterward, $XRP saw a slight pullback below the $2.5250 mark, testing the 50% Fibonacci retracement level from the recent low of $2.3272 to the high of $2.5870. 🤔Another Drop? If XRP struggles to surpass the $2.525 resistance, it might face further downward pressure. Initial support is near $2.4550, with stronger support levels around $2.420 and the 61.8% Fibonacci retracement from the recent price movement. A significant break below $2.420 could push the price toward the next support at $2.320, with further downside potential toward the $2.250 zone. #xrpsucess #Xrp🔥🔥 #XRPPredictions #XRPGoal #FullMarketBullRun

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#CryptoUsersHit18M $BNB 🔥Record Surge in Daily Active Users in the Global Cryptocurrency Market🔥🎉 As reported by BlockBeats, data sourced from Token Terminal indicates that the global cryptocurrency market witnessed an unprecedented surge in daily active users in December. The number of users reached an all-time high of 18.7 million, a notable increase compared to earlier in the year. In January, the figure was considerably lower, standing at just 7.7 million. This sharp rise highlights the growing adoption and engagement within the cryptocurrency space, reflecting a broader trend of increased interest and activity among users worldwide. The spike in active users not only demonstrates the expansion of the market but also underscores the increasing influence of digital assets as a mainstream financial tool.

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💰Hedera to Be Integrated With Chainlink🎟️🎟️ In its recent announcement, Hedera has informedd that Chainlink Data Feeds and Proof-of-Reserves (PoR) are now live on its network. This integration aims to enhance the development of institutional decentralized finance (DeFi) and real-world asset (RWA) applications on Hedera. #HederaHashgraph #HederaNetwork #hedera

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