Market pump is absolutely bullish If the market dump is absolutely bearish We will not be market manipulation Its Next Level is going on so Stay Cool ✅
Encryption companies such as Ripple and CEX have donated to the Trump inaugural committee.
On December 21st, according to Fox Business, several cryptocurrency companies have donated to the Trump-Vance Inaugural Committee. Among them, Ripple will donate 5 million US dollars in the form of XRP, CEX and CEX will each donate 1 million US dollars, and MoonPay has also confirmed its participation in the donation but has not disclosed the specific amount. The Inaugural Committee has currently raised 200 million US dollars, surpassing the record of 107 million US dollars set by Trump's first inauguration in 2017 and Biden's 62 million US dollars in 2021. Insiders revealed that the total fundraising amount is expected to reach 225 million US dollars on the day of the inauguration.
#XmasWith #bainance Post Panic selling in whales: Altcoins may sink to the bottom! Dropping below $3200, Ethereum (ETH) surprised with consecutive whale sales. Dropping below $3200, Ethereum (ETH) surprised with consecutive whale sales. Ethereum price fell below $3,200, losing more than 13 percent in the last 24 hours. The decline in question was triggered by large-scale sales by ETH whales and the Ethereum Foundation. With the break of the $ 3,500 support, there were large liquidations in long positions. Analysts predict that the next support level is around $2,800. Whales sell in large quantities During the general collapse in the crypto market, Ethereum whales sold massive amounts, creating a negative sentiment on the pair. The analytics platform reported that a whale deposited 22,746 ETH ($77.7 million) in Ethereum and withdrew stablecoins to pay off debts. Over the last two days, the same whale deposited a total of 31,968 ETH ($122.3 million). Another whale transferred 49,910 ETH ($170 million) in the last eight hours and then withdrew 137.8 million worth of stablecoins. These sales created a sharp decline in the Ethereum price, creating a huge selling pressure on the parity. Ethereum, which has been on a downward trend since $ 4,000, lost 17.5 value in a short time. Ethereum Foundation's Strategic Sales The Ethereum Foundation continues to make strategic sales during periods when the ETH price reaches peak levels. Two days ago, when the Ethereum price was at $4000, the Foundation sold 100 more ETH from its holdings. According to data, the Ethereum Foundation sold a total of 4,466 ETH ($12.6 million) in the last year. 15 of these transactions were carried out at levels close to the market peak. These sales show that the Ethereum Foundation is strategically evaluating price peaks.
Alts really start when new trends are born. 2021 can be said to be a peak period of the market with many hidden gems (HNT, BEL, AXS, TOMO, ....). Trends like NFTs, Gamefi, Metaverse bring a lot of opportunities to get rich. They are undervalued and develop in the long term until they really explode later. Currently, although BTC has broken the peak, new coins are overvalued and have low xxx ability. Most of them, when listed on the exchange, are dumped and memes as a trend lead the market like a gamble. As a trader, we always follow the market closely but gambling will never win so I really don't like it. Hopefully, 2025 will be a great year according to the 4-year cycle of the market. 👏👏