Will Bitcoin Surpass Its Previous High Soon?

Prominent crypto strategist Jason Pizzino has made intriguing remarks regarding Bitcoin‘s potential to reach new heights.

He pointed out that Bitcoin is currently in a consolidation phase below its previous record of $108,200, suggesting that this period may precede a notable price increase in the cryptocurrency space, possibly concluding within the next week.

What Price Range is Bitcoin Currently Trading?
Currently, Bitcoin is trading around $94,528, which is roughly 13% lower than its all-time high. Pizzino explained that this consolidation could serve as a foundational step for a significant surge in cryptocurrencies. This temporary dip could be viewed as a corrective phase prior to Bitcoin’s anticipated upward movement.

When Can We Expect Bitcoin’s Next Bullish Phase?
According to Pizzino, the first quarter of 2025, particularly around January 20 during the Presidential inauguration, may be pivotal for Bitcoin as it could initiate a new bullish trend. He emphasized that a breakout could occur within the next six months, leading to new record highs.

Key insights from Pizzino’s analysis include:
Bitcoin’s current consolidation may facilitate a significant price surge.Historical patterns suggest that brief consolidations often precede major upward trends.Market dynamics should be closely monitored during this phase for potential investment opportunities.

The current market situation highlights the importance of vigilance as Bitcoin navigates its consolidation phase. Pizzino’s insights suggest that the crypto community should be prepared for potential shifts in market momentum as Bitcoin aims to breach its previous record.

#Bitcoin #BTC #CryptoNews #BitcoinHigh #Crypto2025Trends $BTC $ETH $XRP

Cardano Whales Accumulate 20 Million ADA Amid Governance Progress  

Large investors also bought 20 million ADA in the last two days, which indicates that they are waiting for another round of price changes. 

The Plomin SEP fork could bring the raw on-chain governance for Cardano, boosting up its decentralized ecosystem.

 The situation in the cryptocurrency market is generally considered positive, ADA price stands below 1 dollar providing an opportunity for an accumulation phase. 

Cardano (ADA) which currently ranks ninth on the list of largest digital currencies based on market capitalization has recorded large whale transactions over the past 48 hours. According to data, large investors have acquired over 20 million ADA during this period, which speaks of the use of the coin.

Governance Enhancements Drive Interest 
The surge in whale activity may be tied to progress on Cardano’s decentralized governance. Recently, Intersect, a key organization in the Cardano ecosystem, announced that the Plomin hard fork governance action has been submitted for ratification. This update marks a pivotal moment for the blockchain’s governance framework, as it integrates full on-chain governance as outlined in CIP-1694. 

It marks the conclusion of the Cardano technical accumulation phase to build up a competitive technical infrastructure and seeks to start a new decentralized and self-governable ecosystem. For this reason, investors might be inclined to think that the company has future growth prospects and long-term sustainability, as Cardano did. 

Timeline for Governance Ratification 
The ratification and enactment of the Plomin hard fork could occur anytime between January 4 and January 29, 2025, depending on the blockchain’s epoch boundary. If successful this should strengthen Cardano’s governance and make it possible to fully decentralise the decision-making processes on the mainnet. 

#Cardano #ADA #CryptoNews #Crypto2025Trends #ATASurgeAnalysis $ADA $BTC $SOL

HBAR Price Consolidation May Not End Soon, Here’s Why

Hedera Hashgraph (HBAR) has been stuck in a consolidation phase for the past month, preventing the altcoin from breaking out and achieving higher gains. 

While its bullish momentum remains intact, declining investor interest and reduced market activity are emerging as potential concerns for HBAR’s future trajectory.  

Hedera Hashgraph Has A Shot
The Chaikin Money Flow (CMF) indicator reveals that inflows for HBAR have declined significantly, with outflows now dominating the asset.

This shift signals that investors are pulling money out, likely due to uncertainty surrounding HBAR’s price action and its ability to sustain upward momentum.  

These outflows underscore growing caution among market participants, potentially stalling any near-term rally. Without stronger inflows and renewed investor confidence, HBAR’s price may continue to hover within its current range, delaying any breakout opportunities. 

Hedera’s macro momentum shows signs of rising bearish pressure. The Relative Strength Index (RSI) has been moving downward, reflecting a gradual increase in bearish momentum. However, the RSI remains above the neutral line of 50.0, suggesting that bearish control has not yet fully taken hold.  

This positioning leaves room for HBAR to attempt another rise if market conditions improve. The lack of a decisive move into bearish territory indicates that the altcoin could still regain strength, provided it receives sufficient buying support from investors.  

HBAR Price Prediction: Consolidation Continues
HBAR has been consolidating for an entire month, with its price currently trading at $0.28. Stuck within the $0.40 to $0.25 range, the altcoin shows no immediate signs of breaking out, reflecting the broader uncertainty in the market. 

Mixed signals from market indicators suggest that HBAR could continue its consolidation phase well into 2025.

#HBAR #Hedera #CryptoNews #HBARPrice #Crypto2025Trends $HBAR $BTC $ETH

Can VeChain (VET) Price Spike to $1 During This Bull Run?

Lee the Captain, a cryptocurrency content creator, shares his analysis of VeChain’s potential during the current bull market cycle.

He discusses why VET could emerge as a dominant narrative, comparing its potential trajectory to successful projects like BNB, Solana, and Ethereum.

VeChain’s core focus on supply chain management positions it uniquely in the blockchain space. Lee suggests that supply chain solutions could become the next major trend, following the paths of NFTs, DeFi, gaming projects, meme coins, and AI tokens.

The project boasts an impressive roster of partnerships, including PricewaterhouseCoopers, Walmart China, BMW, H&M, Louis Vuitton, and Hennessy. Notable government adoption includes collaboration with Cyprus, demonstrating VeChain’s versatility across various sectors

Since 2018, the VeChainThor blockchain has maintained uninterrupted operation, contrasting with other major networks that have experienced downtime. This reliability, combined with its environmental sustainability, makes it particularly attractive to enterprise clients.

Lee examines the dual-token system, where VET serves as the primary value token while VTHO handles gas fees. He emphasizes VET’s potential as the main investment vehicle within the ecosystem.

The proposed $1 target would place VeChain at an $80 billion market cap, comparable to previous achievements of tokens like Dogecoin and BNB.

Lee anticipates significant growth potential heading into 2025, suggesting that supply chain management could become a major blockchain narrative.

Lee advocates for a patient, long-term investment strategy through dollar-cost averaging. He plans to maintain his VET position through 2025, viewing it as a superior store of value compared to fiat currency.

#VeChain #VET #CryptoNews #VETPrice #Crypto2025Trends $VET $BTC $BNB

4 Altcoins Under $1 That Could Turn You Into a Millionaire This Bull Run

Pepe (PEPE)
Pepe (PEPE) is the latest buzz in the cryptocurrency world. Launched on Ethereum, this deflationary memecoin is a tribute to Matt Furie’s Pepe the Frog, an internet meme that charmed the early 2000s. PEPE embraces its role as a pure meme token with no utility claims, attracting fans with its no-tax policy and straightforward approach. It’s riding the wave created by other meme coins like Shiba Inu and Dogecoin, aiming to leap into the top ranks of meme-based cryptocurrencies.

Gala (GALA)
Gala Games, founded by Eric Schiermeyer and Michael McCarthy in 2019, is transforming gaming by integrating blockchain technology with engaging gameplay. Players earn cryptocurrencies and NFTs by playing games across genres like RTS, MOBA, and RPG. Using the native GALA token for in-game purchases and trading enhances the gaming experience. Operating on Ethereum, Gala Games partners with Polygon and BNB Chain via the p.Network Bridge dApp to reduce gas fees. The upcoming Project GYRI, an autonomous blockchain, highlights their dedication to innovation.

Kaspa (KAS)
Kaspa is a proof-of-work cryptocurrency that introduces a fresh approach to blockchain technology. By implementing the GHOSTDAG protocol, Kaspa allows blocks created in parallel to coexist and be ordered in consensus, rather than being discarded. This forms a blockDAG—a generalized version of a blockchain—enabling secure operations with very high block rates. Currently processing one block per second, Kaspa aims for 10, even 100 blocks per second in the future. This leads to faster transactions and confirmation times, primarily limited by internet latency.

Floki Inu (FLOKI)
Elon Musk’s playful tweet in June 2021 about naming his Shiba Inu “Floki” sparked more than just smiles—it ignited the creation of the Floki Inu coin. What began as a meme coin has blossomed into a multifaceted cryptocurrency known simply as Floki.

#Crypto2025Trends #ATASurgeAnalysis #CryptoETFMania #GMTBurnVote #BitwiseBitcoinETF $BTC $ETH

El Salvador’s Bitcoin Holdings Hits 6,000 BTC Worth $569 Million

El Salvador’s Bitcoin reserve surpasses 6,000 BTC, valued at $569.3 million.

The country ranks sixth globally in Bitcoin holdings, trailing only major nations like the US and China.

El Salvador has achieved a significant milestone, surpassing 6,000 Bitcoin (BTC) in its national reserves.

On December 29, the country added one more Bitcoin, bringing its total holdings to 6,000.77 BTC, valued at $569.3 million, according to the National Bitcoin Office portfolio tracker.

This marks a 108.02% growth in El Salvador’s Bitcoin investment. The government purchased these holdings at an average price of $45,450 per coin.

President Nayib Bukele initiated this journey in September 2021, making Bitcoin legal tender and acquiring the first 200 BTC.

Currently, El Salvador holds the sixth-largest Bitcoin reserves among nations. It trails behind the United States, China, the United Kingdom, Ukraine, and Bhutan.

The country’s consistent Bitcoin purchases highlight its commitment to digital currency adoption.

El Salvador Sticks to Bitcoin Strategy
Despite international criticism, including from the IMF, El Salvador remains steadfast in its Bitcoin strategy.

Stacy Herbert, Director of the National Bitcoin Office, suggested on December 19 that Bitcoin acquisitions could accelerate.

The government has also clarified it will not sell its Bitcoin holdings.

The Chivo wallet, the country’s official Bitcoin wallet, will be phased out or sold. Private-sector wallets will replace it, ensuring seamless Bitcoin transactions for citizens.

Meanwhile, the government’s $1.4 billion deal with the IMF is still pending approval, with negotiations complicated by Bitcoin-related policies.

Other countries are exploring similar Bitcoin reserve strategies. Ohio, Texas, and Pennsylvania have proposed adding Bitcoin to state reserves, reflecting its potential as an economic hedge.

#ElSalvador #Bitcoin #Crypto2025Trends
$BTC $ETH $XRP

Jupiter Announces $580 Million Airdrop Criteria: Everything You Need to Know

Jupiter, a DEX Aggregator platform on Solana, has unveiled the criteria for its second airdrop scheduled for January 2025.

The allocation plan for this airdrop includes 700 million JUP, which is equivalent to $581 million at the current market price.

2.3 Million Wallets Eligible for Jupiter’s Second Airdrop

According to Jupiter, the 700 million JUP for this airdrop will be distributed across two groups.

Specifically, Jupiter will allocate 500 million JUP to Users and Stakers and the remaining 200 million JUP to Carrots and Good Cats:

Users: Individuals who perform transactions on the platform, such as swaps.Stakers: Those participating in staking.

Carrots: Users who continue holding their airdrop rewards, purchase/increase their JUP holdings, or are compensated after being mistakenly flagged as bots.

Good Cats: Contributors who make quality contributions to the community.

Additionally, Jupiter revealed that 2.32 million wallets out of a total of 10.65 million wallets are eligible, accounting for approximately 22%.

Among these, 2 million wallets meet the criteria of having a swap volume of around $1,000. In comparison, 320,000 wallets belong to Expert Traders who utilize advanced features like limit orders, perpetual swaps, DCA, and Ape Pro.

Jupiter also noted that these conditions are drafts. They are subject to possible changes.

Earlier this year, Jupiter conducted its first airdrop, which became one of the largest in Solana’s history.

The platform distributed 1 billion JUP to nearly 1 million wallets. Following the airdrop, the JUP price surged 300%, rising from $0.45 to an all-time high of $1.85.

However, JUP is currently trading at around $0.85, with no significant price changes since the second airdrop criteria were announced.

#Jupiter #Airdrop #CryptoNews #Blockchain #JupiterAirdrop

$JUP $BTC $ETH

What to Expect for Bitcoin, Ethereum and XRP in 2025? Here Are the Latest Predictions…

Bitcoin and altcoins recorded major increases in 2024, which started with Spot Bitcoin ETF approvals, also due to the influence of Donald Trump’s victory.

While we expect the rise to continue in 2025, prediction market investors are expecting new highs for Bitcoin (BTC) and Ethereum (ETH) in 2025.

Popular prediction platforms like Polymarket and Kalshi show that bets on Bitcoin and Ethereum reaching all-time highs next year are dominant.

According to the data, Kalshi prices a more than 60% probability that Bitcoin will reach at least $125,000 in 2025, while Ethereum will reach at least $5,000.

Polymarket sets the probability of BTC reaching $120,000 before the end of March as 50%.

Experts stated that this rise indicates that the US will approve ETFs for multiple altcoins and that there is the potential to establish strategic Bitcoin reserves.

Traders on Polymarket are also predicting that the US will approve XRP, Solana (SOL), and Litecoin (LTC) ETFs with 75%, 69%, and 51% probability of approval respectively by July 31.

The probability of Dogecoin (DOGE) ETF approval remains low at 22%.

Finally, Kalshi users predict that there is a 59% probability that US President-elect Donald Trump will create a national strategic Bitcoin reserve during his presidency, while Polymarket users indicate that there is only a 29% probability that Trump will launch a BTC reserve within his first 100 days in office.

#Bitcoin #Ethereum #XRP #CryptoPredictions #BitwiseBitcoinETF $BTC $XRP $ETH

Ethereum Whale Awakens After 9.4 Years With $6.5 Million in ETH  

An Ethereum pre-mine wallet from 2014 was reactivated after 9.4 years, holding $6.5 million in ETH.  

Whale Alert tracked significant Ethereum transfers, with one transaction totaling $164.9 million.  

BlackRock’s Ethereum ETF saw $44 million in inflows, surpassing Bitcoin ETF outflows of $188 million.

A dormant Ethereum wallet tied to the network’s 2014 initial coin offering (ICO) has resurfaced after nearly a decade.

Blockchain analytics platform Whale Alert revealed that the pre-mine address, inactive for 9.4 years, contained 1,940 ETH.

The wallet, originally credited during Ethereum’s Genesis block, has significantly appreciated, reflecting Ethereum’s remarkable growth since its launch. 

Unprecedented ROI on Genesis-Era ETH 
The reactivated wallet held Ether initially valued at $601 in 2014. Now, the same holdings are worth $6,567,522—a staggering increase of over 1,092,728%.

This reawakening highlights the immense profitability experienced by early Ethereum investors and underscores the long-term value of blockchain-based assets.

The Ethereum network has witnessed a surge in large-scale transactions this week.

Besides the pre-mine wallet, Whale Alert recorded multiple significant transfers, including 15,000 ETH (approximately $50.7 million) withdrawn from Binance and 47,534 ETH ($164.9 million) exchanged between unidentified wallets.

Such activities indicate ongoing high-volume interest among major players in the Ethereum ecosystem. 

Ethereum’s Recent Market Movements 
Despite these whale movements, Ethereum’s price has faced challenges recently. In the last two days, Ethereum fell by about 5% dipping to $3,320 from $3,495 before slightly recovering to $3,420.

#Ethereum #ETH #CryptoNews #EthereumWhale #GMTBurnVote $ETH $BNB

The Federal Reserve desperately tries to decode Trump pre-inauguration

Federal Reserve Chair Jerome Powell is tiptoeing through a minefield as Donald Trump barrels toward his second term as president.

The central bank is trying to maintain its image of neutrality while secretly bracing for the economic chaos Trump’s policies could unleash.

Powell claims the Fed won’t speculate on Trump’s plans, but insiders reportedly say a different game is being played behind the scenes.

After Trump’s November win, Powell went on the defensive, insisting the Fed wouldn’t adjust interest rates based on “guesswork” about future trade and immigration policies.

“We don’t guess, we don’t speculate, and we don’t assume,” Powell announced at a press conference. But as the dust settles, the Fed’s actions suggest otherwise.

Trump’s upcoming term is already affecting its inflation forecasts and interest-rate decisions.

Fed’s mixed signals
Last week, the Fed cut rates by another quarter point, making a full percentage point cut since September. Powell’s message was that the economy still needs some help.

But projections released alongside the cut show a more hawkish stance for the future.

Officials are now predicting only two rate cuts in 2025 and two more in 2026, down from earlier expectations of four cuts next year. The inflation numbers don’t help.

The Fed now expects inflation (excluding volatile food and energy prices) to dip to 2.5% in 2025, worse than the 2.2% forecast just months ago.

And here’s the thing: 15 out of 19 Fed officials now believe inflation could overshoot their forecasts. Back in September, only three saw that risk.

Behind closed doors, Fed officials are sweating over the potential for Trump’s trade and immigration policies to undo recent progress.

#FederalReserve #Trump #CryptoNews #GMTBurnVote #BitwiseBitcoinETF

$BTC $ETH $BNB