Dogecoin surges 25%: Whales buy 250 million DOGE Whales collect 250 million DOGE amid market decline. • Current price is $0.32 with potential to rise to $0.44 if $0.36 resistance is broken.
Significant outflows indicate bullish momentum and buying opportunity.
Trump Inauguration: Unprecedented Support from Cryptocurrencies and Tech $200 million raised to support the inauguration, led by crypto companies like Ripple and Coinbase. Trump's crypto-friendly appointments boost optimism about the market's future. Tech sector joins in with strong support from figures like Bezos and Zuckerberg.
XRP Predictions: Trump Support Could Push Price to $13 XRP is currently trading at $2.30, up 16% in 24 hours. Reports of Donald Trump’s investments in XRP and HBAR are adding to the optimism. Whales’ accumulation of 80 million XRP since December 17 supports the possibility of a price rally to $8-13 based on historical patterns.
ADA Outflows: A Promising Buying Opportunity? Cardano has seen $164 million in outflows in a week, indicating a buildup of long-term holders If the price holds above the $0.80 support level, we could see a 40% rally to $1.23 soon.
Central Bank of Russia: Stabilize interest rates, reject Bitcoin Interest rates: Fixed at 21% to combat inflation and slow credit growth. Ruble: Floating exchange rate policy ensures currency stability. Bitcoin: Rejected domestic use, legalized for foreign trade only. Goal: Balance inflation, growth, and economic stability.
BPCE to launch crypto services in 2025 Launch: BPCE, the fifth-largest French bank, offers crypto services via Hexarq. Licenses: Hexarq has obtained a PSAN license to legally trade digital assets. Goal: Target Banque Populaire and Caisse d’Épargne clients with a dedicated app. Leadership: France leads the way in EU crypto regulation.
XRP Faces Biggest Drop Since December Amid Crypto Market Crash Down: XRP fell 10% in 24 hours and 21% in two days to $2.16. Reasons: Fed’s announcement to scale back 2025 rate cut forecasts led to market correction. Outlook: Strong support with potential to test $2.42 and $2.92 levels if momentum recovers.
Morocco Creates Legal Framework to Regulate Cryptocurrencies
• Plan: Regulate cryptocurrencies to support innovation and protect users. • Progress: A framework is ready in cooperation with the World Bank and the International Monetary Fund, and proposed laws will be discussed soon. • Goal: To be a leader in regulating cryptocurrencies among developing countries.
Should I exit PENGU after 25% drop? Reason: Early adopters took profits after Airdrop of 70% of the token. Current status: Price drops to $0.025 with bearish sentiment and heavy liquidations. Forecast: Strong fundamentals and growing community could support long-term growth of the coin.
“Crypto Market Under Pressure: Buy XRP, ADA Ahead of Potential Rebound?” Jerome Powell’s speech sent the market into a tailspin, but analysts see bullish opportunities for altcoins by January, with expectations of a historic rebound similar to previous market cycles
Binance Square Task Center: Complete Daily Tasks to Share 5,000 USDC and Earn Binance Points This Christmas!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, As part of the Binance Christmas Calendar this year, Binance Square is pleased to introduce a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of 5,000 USDC token vouchers and earn Binance Points. Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC) Complete Daily Tasks to Earn a Share of the 5,000 USDC Reward Pool and Binance Points Users can access the Task Center from the Creator Center on Binance Square. Please note, Task Center is only available on the Binance App. All eligible users can complete each of the following tasks once every day during the Activity Period. Tasks: Check in to Binance Square daily.*Create a post of at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair of the day. For new Square users who have never posted on Square before the Activity Period, their first post will count as two Participation Tickets. Notes: The limited-time hashtag and selected trading pair of the day will be refreshed daily at 06:00 (UTC) and will run for 24 hours. Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 Participation Ticket. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry. Rewards Structure 5,000 USDC Reward Pool:Reward per Eligible Participant = Number of Participation Tickets Obtained / Total Number of Participation Tickets Obtained by All Participants * Reward Pool, capped at 5 USDC per participant.Binance Points: TasksBinance Point(s) Awarded per Eligible User per DayCheck in to Binance Square daily*1 Binance Point*3 Binance Points will be awarded to users who check in daily on the 7th consecutive day. Create a post with the limited-time hashtag OR selected trading pair 5 Binance Points Stay tuned for new opportunities to earn rewards this Christmas! To discover more promotions and surprises featured in the Christmas Calendar, please click here. For More Information What Is Binance Square and Frequently Asked Questions Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks, and will be able to redeem their vouchers and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the Activity ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.Additional Activity terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-19 Note: This announcement was updated on 2024-12-19 to remove the Task Center link.
Smart Trading Strategy: How to Avoid Loss in the Cryptocurrency Market?
1. Don't sell at a loss. The first rule in the world of cryptocurrencies is patience. If the value of your cryptocurrencies drops, do not sell them at a loss. Stay calm and be prepared to wait for the market to rise again. History has shown that volatile markets often recover over time. 2. Boost investment in downturns
Price Trend: Currently Bearish Support Levels: 2.30 then 2.17 Resistance Level: 2.40 then 2.55 If the support 2.30 is broken, the decline may continue towards 2.17. If it breaks 2.40, we may witness an upward trend
Is It Time to Buy LINK? Bullish Signals and Whale Accumulation Crypto whales are pulling $75 million worth of LINK from exchanges, signaling a long-term accumulation. TD Sequential is flashing a potential buy signal with the price rising to $30.2 soon. Despite the current bearish momentum, accumulation and technical movements support a potential bullish scenario.
WIF failed to hold 2.565$ and 200 EMA support. $10M sell flows add pressure. Price is likely to reach 2$ if the close continues below the current support.
Nigeria dismantles international cryptocurrency fraud ring Nigerian authorities have arrested 792 people, including 148 Chinese and 40 Filipinos, for cryptocurrency fraud. The operation took place at a building in Victoria Island, Lagos, that was being used to train Nigerian recruits to scam through platforms such as WhatsApp and Telegram. Authorities seized sophisticated devices and SIM cards, in what is considered one of the largest operations against organized fraud in Nigeria.
XRP Overtakes Tether, Targets $8 After RLUSD Launch
XRP surpassed Tether with a market cap of $147 billion after the launch of the stablecoin RLUSD, sending the price up 15% to $2.70. Whales buying 830 million XRP and market momentum support the price target of $8, especially with the possibility of a positive settlement in the SEC case.
Bitwise Launches BSOL: Easy Access to Solana Staking
Bitwise has launched its Solana Staking ETP (BSOL) on Deutsche Börse Xetra, giving investors low-cost and transparent access to Solana staking. The launch cements Solana’s position as a rising star in the crypto space, backed by streamlined staking returns and growing confidence from European investors.
: XRP Sees Bullish Momentum as Whales Buy $78 Million
XRP saw a significant bullish momentum after whales bought 30 million XRP worth $78 million, sending the price to $2.65, up 6.10%. Technical analysis suggests that a break above the $2.67 level could push XRP to $4.50 soon, supported by the Relative Strength Index (RSI) at 66 that shows room to rise.