🟣 Solana Price Prediction: SOL's market cap drops $3B as Trump boosts Ethereum's rebound 🐋💸

📈 The price of Solana fell 4% in 48 hours to reach $225 on Friday, decoupling from the broader resurgence of the altcoin market.

The $3 billion drop in SOL's market cap coincided with the latest cryptocurrency acquisitions backed by Trump from WLFI, drawing investors' attention to the Ethereum ecosystem.

☝️ The average balance in buying addresses increased from 383 SOL to 1,096 SOL, indicating a 186% increase in demand from Solana whales over the past three days. The price of Solana fell 4% in 48 hours to reach $225 on Friday, decoupling from the broader resurgence of the altcoin market.

While the latest cryptocurrency acquisitions backed by Trump from WLFI attracted retail market attention towards the Ethereum ecosystem, on-chain data shows that Solana whales are increasingly buying on the dip.

😫 The 4.6% drop in SOL's price over the last 48 hours has caused it to decouple from the broader altcoin market rebound.

However, vital on-chain metrics show that Solana whales are capitalizing on falling prices to buy on the dip, a move that could trigger a bullish reversal in the coming days.

👀 If SOL successfully breaks above $231, the next target is at the upper band of the DC at $259.

This move could attract strategic traders looking for entry opportunities at current levels.

🤔 However, failure to maintain above $230 could invalidate this bullish outlook.

#Solana⁩ $SOL

$XRP Would Reach 4 Dollars According to Technical Analysis 🚀🐋

Identification of a Clear Market PatternXRP has surged by 292.55% in 2024, with a price increase from $0.50 to $2.41. Analysts are optimistic about its potential, with price targets reaching $48.

A bullish flag chart pattern suggests that XRP could soon reach $4, although a brief correction may occur before the next rally.

Cryptocurrency analysts believe that XRP has a long-term future, and some project that its price could reach $48. These projections reinforce expectations about XRP's growth within the market, especially as its utility and adoption increase.

📈 Bullish flag patterns are usually considered ongoing bullish signals and, therefore, should indicate that the price will continue to rise in the next period; in the case of XRP, the height of the flagpole, which started around November 29, points to a price target of around $4.

#XRP🚀 #XRP/USDT🔥🔥

☝️Riot Platforms bought more than 500 million dollars in Bitcoin 🪙

🐋 The purchase came amid rumors that the Bitcoin mining company was under pressure from activist investor, Starboard Value. On December 12, The Wall Street Journal reported that Starboard urged Riot to repurpose some of its Bitcoin mining capacity to serve artificial intelligence models. Buying BTC has proven to be another way for Bitcoin miners to benefit investors.

"We are committed to creating value for all shareholders, and we look forward to a constructive dialogue with Starboard on ways to achieve this shared goal," Riot stated, according to The Wall Street Journal. If Bitcoin miners pivot towards AI, they could collectively unlock nearly 37 billion dollars in market capitalization, according to VanEck.

In particular, Riot could gain more than 4.8 billion dollars in market capitalization by focusing on serving AI companies, the asset manager estimated.

That would more than double Riot's market capitalization, which stands at around 4.4 billion dollars as of December 13, according to Google Finance.

#Bitcoin! $BTC

🔶️ Binance recorded massive Bitcoin withdrawals of over 8,000 BTC 🐋🚨

Massive withdrawals ranging from 4,000 BTC to over 8,000 BTC were observed as the price of Bitcoin tested the $100,000 target.

As the price of Bitcoin broke new all-time highs reaching $100,000, massive withdrawals by large investors from the Binance exchange ranged from 4,000 to over 8,000 BTC, according to a recent report by technical analyst "Darkfost" on the on-chain analysis platform CryptoQuant.

The analyst also stated in his post that they have “observed massive withdrawals ranging from 4,000 BTC to over 8,000 BTC while the price of Bitcoin tested the $100k target.”

🚨The supply of BTC at a loss could fall by 50% before a sell signal🚨

Bull markets for Bitcoin tend to end when the profitability of the supply crosses a certain threshold, argues CryptoQuant.

Reviewing the last bull market, which reversed at the end of 2021, contributor Onchain Edge revealed that supply profitability signals were in place for many months.

“When the % of supply loss of BTC falls below 4%, you should start aggressively selling BTC and wait for the next lows of the bear market,” states the accompanying comment.

Do your own research ☝️🪙 $BTC
#Write2Earn
#BTC☀️ #news

#BitcoinKeyZone

🪙🚀New York financial regulator approves Ripple's stablecoin, Brad Garlinghouse

👀 Ripple's CEO said that RLUSD trading would be "available soon" on exchanges after the New York Department of Financial Services approved the stablecoin.

Ripple Labs CEO Brad Garlinghouse reported that the New York Department of Financial Services (NYDFS) has approved the firm's RLUSD stablecoin after months of consideration. Ripple executives speculated that the stablecoin could reach a market cap of $2 trillion by 2028.

☝️ The firm began testing RLUSD on the XRP ledger and Ethereum mainnets in August and announced partnerships with exchanges including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish in October.

Garlinghouse appeared on a 60 Minutes segment aired on Dec. 8 to discuss the cryptocurrency industry's role in influencing the 2024 U.S. election.

✨️ Ripple is also involved in an ongoing legal battle with the U.S. Securities and Exchange Commission over XRP token offerings.

#XRP/USDT🔥🔥 #ripple #XRP🚀 #XRPBullRun #BTC☀️ $XRP

🐋Microsoft shareholders vote “no” to Bitcoin reserves🐋

The company’s board of directors opposed the resolution, citing Bitcoin’s alleged volatility as a negative factor.

The National Center for Public Policy Research (NCPPR), a pro-free market think tank based in Washington, D.C., had proposed the resolution, framing it as a corporate duty to provide shareholder value through profit diversification.

🪙☝️ The proposal did note that Bitcoin was “more volatile” than corporate bonds, so it advised against holding “too much of it,” but it also advised against risking shareholder value by “ignoring Bitcoin altogether.”

As such, the NCPPR recommended using between 1% and 5% of the company’s profits to buy Bitcoin. The proposal formally requested that Microsoft “conduct an assessment to determine whether diversifying the company’s balance sheet to include Bitcoin is in the best long-term interests of shareholders.”

🔮💸 However, Microsoft’s board of directors was unfazed before the vote. “Microsoft has robust and appropriate processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders,” the board wrote in the aforementioned SEC filing, “and this requested public assessment is not warranted.”

#BTC☀️ #Bitcoin❗️ #Write2Earn #XRP/USDT🔥🔥 #ADA $BTC

🪙🚀 Bitcoin celebrates 12 years since the first halving and continues with opportunities

🧩 The halving not only limits the supply of new Bitcoins but also creates opportunities for investors, according to Sebastián Serrano, CEO of Ripio.

On Thursday, November 28, Bitcoin marked 12 years since its first halving, a crucial event that regulates its supply by reducing the rewards for miners.

These moments play a strategic role in the scarcity of the asset, limiting the number of new Bitcoins generated. With each halving, the price of the asset has shown an upward pattern. In 2012, Bitcoin was worth 12 US dollars; today it exceeds six figures. “Halvings bring fluctuations, but also new entry opportunities to the market,” Serrano explained.

🗣 Digital gold and the next decade
In addition to its appreciation, Bitcoin has seen its adoption grow with the approval of spot Bitcoin ETFs, attracting institutional investors.

📈 This movement generated a demand of up to 12,000 BTC per day, while only 450 new BTC are mined daily. With the next halving scheduled for 2028, the block reward will be reduced to 1.5625 BTC.

#BTC🔥🔥🔥🔥🔥 #Bitcoin❗️ #Bitcoin! #Trump #XRP🚀 $BTC

🚀💸 Massive sale at Alameda Research could slow down Worldcoin 🌎

🌐 The price of Worldcoin ($WLD ) dropped 11% overnight this Monday, accumulating a 30% increase in the last week. However, a large movement of WLD tokens linked to Alameda Research wallets could ruin the party.

The reason lies in the fact that, in recent months, efforts have been made to revitalize the Worldcoin project by Sam Altman. In October, the network changed its name to World Map to boost the global expansion of iris scanning operations.

This occurred after a regulatory battle related to the General Data Protection Regulation (GDPR) of the European Union, which forced Altman to move away from the European region and refocus efforts towards emerging economies and developing countries.

However, the recent gains in the price of WLD coincide with Worldcoin entering a significant historical resistance zone, a level that generates caution due to its critical ability to define the success or failure of this WLD price rally.

Do Your Own Research ☝️💡
#WLD🔥🔥🔥 #WorldCoin. #Worldcoin​ #worldcoinnews

🚨🐋 Liquidations exceeded $1.7 billion after Bitcoin fell below $95,000 😫

The cryptocurrency market experienced a turbulent day following a sharp drop in Bitcoin below $95,000, which triggered massive liquidations.

In total, liquidations amounted to $1.75 billion in the last 24 hours, affecting more than 582,486 traders. This wave of total liquidations once again highlights the volatility of the market and the consequences of high leverage on long positions.

According to data provided by Coinglass, liquidations totaled $1.75 billion over a 24-hour period. This collapse primarily impacted long positions, with losses of $1.58 billion, while short positions accumulated losses of $171.2 million.

☝️Summary of liquidations for the most relevant cryptocurrencies:

✅️Bitcoin (BTC): $189.1 million in liquidations.

✅️Ethereum (ETH): $245.2 million in liquidations.

The drop in Bitcoin to $94,900 caused a domino effect that left thousands of investors with positions forcibly closed due to insufficient margins.

💡Comparison with historical liquidations.

This event is not the first to trigger a large number of total liquidations.

On December 5, liquidations of $1.1 billion were recorded, the largest amount since December 2021. At that time, a "leverage purge" eliminated thousands of excessively optimistic leveraged positions.

These episodes demonstrate that the crypto market remains highly susceptible to sharp movements and speculation with high leverage.

#bearstime #bullrun2024📈📈 #BullorBear #BTC☀️

$SOL
$BNB
$XRP

🚨Crypto market in chaos: $760M liquidated in 24 hours🚨

🗣 The cryptocurrency market is being hit by a new wave of turmoil. In a span of 24 hours, nearly 760 million dollars have been liquidated, with 200 million in just one hour.

This sharp movement, a symptom of an ever-bubbling market, reflects the vulnerability of leveraged positions to sudden price fluctuations.

At the same time, this situation highlights the significant challenges investors must face, balancing risk management and heightened volatility. In the last 24 hours, the cryptocurrency market has been shaken by a series of massive liquidations, plunging trading platforms into unprecedented chaos.

According to data published by Cointelegraph on December 9, 2024, on social media platform X (formerly Twitter), "nearly 760 million dollars have been liquidated during this period, with a peak of 200 million dollars in a single hour." These figures, revealing the brutality of the events, indicate a deep imbalance caused by a rapid drop in prices across several major assets.

The most affected assets include Bitcoin and Ethereum, often considered the pillars of the crypto ecosystem. Thus, traders who had taken positions with high leverage were unable to cover their margin calls, triggering a cascade of forced selling.

This mechanism, already well-known in such volatile markets, amplified the price drop. Furthermore, this price decline creates a domino effect that has intensified volatility and reinforced a climate of panic among investors.

For investors, these losses underscore the urgency to develop more robust risk management strategies capable of cushioning the impacts of sudden market fluctuations.

#bearish #bearstime #rugpul #BTC☀️

$BTC $ETH $XRP

🚨 The SEC will reject Solana ETFs 😫💔

The U.S. Securities and Exchange Commission (SEC) is set to reject the pending applications for exchange-traded funds (ETFs) from $SOL .

🗣 The financial regulator has notified at least two of the five issuers seeking approval for a Solana (SOL) ETF, according to Fox News reporter Eleanor Terrett. VanEck was the first asset management firm to submit a 19b-4 application to the regulator on June 27, followed by 21Shares on June 28 and Canary Capital in late October.

Following Donald Trump's victory in the presidential election on November 6, Bitwise and Grayscale also submitted applications for a Solana-based fund.

🌎 Trump's return to the White House has sparked a race for cryptocurrency-based financial products on Wall Street.

On November 28, Bitwise filed an application for an ETF based on its Crypto Index 10.

🫤 On the other hand, industry firms are anticipating that Ether (ETH) funds will include regulated staking features in 2025, marking a significant advancement for the market.

#ETFsApproval #Solana⁩ #Solana🚀 #SolanaMemeCoins #Trump

💸Can $XRP hit $14.90?

🗣 One analyst predicts that XRP's growth trajectory will be similar to that of 2017, with potential targets as high as $14.90.

XRP's increasing volume indicates strong momentum, supported by innovations such as automated market makers. XRP continues to rise.

🚀 With price targets set at $5.29, $8.49, and $14.90, the analyst remains firmly bullish.

Meanwhile, the token is trading at around $2.55 at the time of writing, up 5.21% over the past 24 hours and 37.16% over the past 7 days.

🔮 This rally has pushed XRP's market value above $145 billion, making it the third-largest cryptocurrency by market cap.

DYOR ☝️💡

#XRP/USDT🔥🔥 #XRPBullRun #Xrp🔥🔥 #ripple

🤑Earnings of $BTC from El Salvador exceed 300 million dollars🤑

🐋 The unrealized earnings of El Salvador that exceed 300 million dollars from its Bitcoin purchases occurred when BTC broke the price milestone of USD 100,000.

Salvadoran President Nayib Bukele highlighted the country's unrealized gains from its investments in Bitcoin on social media after the cryptocurrency surpassed 100,000 dollars for the first time.

Bukele's latest update shows that the country has spent nearly 270 million dollars on Bitcoin since its initial adoption of the cryptocurrency. The portfolio shows that no Bitcoin has been sold, and unrealized gains now exceed 333 million dollars.

El Salvador was the first country to adopt Bitcoin as legal tender. On September 7, 2021, the country's Bitcoin Law came into effect, officially making BTC a legally recognized currency for financial exchanges within El Salvador. On September 6, the government also purchased its first 200 BTC.

☝️ Since then, El Salvador has continued to acquire Bitcoin. On November 17, 2022, Bukele announced a dollar-cost averaging (DCA) strategy, committing to buy one Bitcoin daily.

#Bitcoin❗️ #bitcoinhoy #BTC☀️ #BTC100k #bullrun2024📈📈

🤔How far can the price of Bitcoin go❓️

🚀 The price increase of Bitcoin above USD 100,000 just one month after Trump's reelection has fueled bold predictions, and analysts point to the next value being between USD 150,000 and USD 250,000.

📅 On December 5th, the leading cryptocurrency rose by up to 4.95% to establish a new all-time high of around USD 103,640, making its net profitability since Trump's reelection as President of the United States exceed 50%.

Most analysts now expect Bitcoin to continue its upward trend beyond the USD 100,000 mark.

🎖 But, how far can Bitcoin go in the short and medium term?

Bernstein analysts project that Bitcoin will reach USD 200,000 by the end of 2025, driven by regulatory clarity and institutional adoption.

💡 The appointment of Atkins, a cryptocurrency advocate, as SEC chair under the elected President Trump's administration is expected to end the era of "regulation by enforcement," fostering innovation in blockchain in the U.S. and greater acceptance of digital assets.

Do Your Own Research ☝️🗣

#BitcoinPrediction #Bitcoin100K #Trump #bullrun2024📈📈

🐋💸 Bitcoin's dominance recovers to 57% as BTC approaches $104,000

$BTC has recovered and surpassed USD 100,000 for the first time in history.

A measure of how much of the total cryptocurrency market value belongs to BTC surged when the asset reached a historic six-figure high on December 5, and most altcoins failed to match its gains.

☝️ "Bitcoin is the best-performing asset of the last 12 years, and it is still in its early days."

🔮 Social sentiment has also increased: Google Trends reported that December 5 saw the largest spike in Bitcoin searches in the last week.

We are in a historic year 2024; too many important things have happened in the blockchain world! Remember this year and month in your 📅 calendars.

Do your own research 💡☝️

#BTChallenge #BTC🔥🔥🔥🔥🔥 #BTC☀️ #Bitcoin!

👀🚀 ARK's Cathie Wood believes #Bitcoin! is still in its early stages and has the potential to surpass $100,000

$BTC became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Bitcoin hit a historic milestone by surpassing the $100,000 mark on Dec. 5, but the cryptocurrency is still in the "early innings," according to the ARK Invest CEO. Wood compared the Bitcoin market to spot gold, noting that gold is a $15 trillion market at the price of $2,700 per ounce.

Bitcoin, valued at $102,750 at the time of writing, has a market value of roughly $2 trillion, leaving it with plenty of growth potential.

Bitcoin Reached a $2 Trillion Market Cap in Less Than 16 YearsWhile it took Amazon 29 years to reach a $2 trillion market value, Bitcoin achieved it in less than 16 years since the first BTC transaction was made in January 2009.

Apple, the second-largest market after gold, took almost 42 years to reach a $2 trillion market cap for the first time in 2020.

At its current price, Bitcoin accounts for 52.6% of the entire cryptocurrency market, with the total market cap at $3.9 trillion, according to CoinGecko.

#Bitcoin100K #Bitcoin❗️ #Altcoinseason2024

🐋🚀 Altseason triggers a 21% surge in Worldcoin: Bullish targets at $11, $20, and $40 💸

👀 The recent surge of Worldcoin, driven by the altseason and the launch of the World ID Credential pilot project, positions it for significant growth, with bullish targets at $11, $20, and $40.

🧩 With expanded services in over 40 countries and a 28% increase in trading volume, Worldcoin is attracting strong investor interest, boosting its market capitalization and indicating continued upward momentum.

🔮 In particular, the blockchain-based iris scanner identity verification project Worldcoin (WLD) announced on its official blog that it has launched the World ID Credential pilot.

Analysts highlight a Cup and Handle pattern in the price chart of Worldcoin, indicating strong potential for new gains.

The breakout range is between $2.60 and $2.65, with projected bullish targets at $11.97, $20.04, and in a very optimistic scenario, $40.24.

📈 Key support is at $1.70, while resistance levels at $2.60 and $4.78 will guide the coin's next movements.

#worldcoinnews #WorldApp #WorldCoin. #Worldcoins $WLD

$XRP becomes the third largest cryptocurrency after 4 years of legal battle with the SEC 🌎🚀

☝️ XRP has made a historic comeback as the third largest coin by market capitalization, and the number of Google searches for "XRP" now surpasses those for "crypto"

#XRP🚀 , the cryptocurrency used by the American blockchain payments firm Ripple, has achieved a historic comeback as the third largest coin by market capitalization, prompting reactions from the community.

With the SEC lawsuit nearing resolution and Ripple achieving several legal victories in 2024, XRP has surged, registering a huge increase in November following Donald Trump's victory in the United States presidential elections.

When the SEC sued Ripple in December 2020, the price fell from around 0.50 to 0.17 dollars, wiping out more than 15 billion dollars in market value, said Fox Business reporter Eleanor Terrett in a post on X on December 1, 2024.

#XRP/USDT🔥🔥 #XRPBullRun #bullrun2024📈📈 #Trump