Key Insights Bitcoin is consolidating between $90,000 and $100,000, with its future direction heavily influenced by whether it breaks above $100,000 or falls below $90,000 Ethereum currently trades around $3,400 and is retesting a key trendline. A rebound could drive it upward, but a break below $3,000 may lead to a further decline. XRP is...
Pump.fun made $106 million in DApp sales In this year. A significant increase in the number of decentralized applications (DApps) that are connected with Solana occurred throughout this year. This increase was observed throughout the month. It is possible that the decentralized finance (DeFi) ecosystem , which is connected to the blockchain , and Pump.fun,...
Key Insights Donald Trump emerged victorious in the 5 November U.S. presidential election. As a result, his pro-crypto policies have become a significant topic of discussion in the Crypto space. Some significant benefits of having Donald Trump in office include a less stringent approach to Crypto regulation and a generally friendlier environment for investors. The...
Key Insights 2024 has been a massively positive year for Bitcoin, with a YTD increase of $140%. Some of the key drivers of this rally were the spot Bitcoin ETF approval and pro-crypto Donald Trump’s win in the 5 November election. In the future, analysts expect Bitcoin to increase in price despite hurdles ultimately. Possible...
Key Insights Total Crypto hacks remain lower than in other years like 2022. Despite this decline, the involvement of state-sponsored hackers from North Korea is rising. Hackers stole $2.2 billion in funds throughout 2024, with DPRK hackers accounting for more than 60% of this amount. The largest hacks include the DMM Bitcoin hack, the WazirX...
As we have seen, MicroStrategy, the biggest corporate holder of Bitcoin has just made another aggressive move into the cryptocurrencies market. MicroStrategy, the business intelligence firm, announced earlier this month that it bought 5,262 Bitcoins worth of about $ 561 million to reach total Bitcoin assets of a whopping 444,262 BTC. Such investment proves that...
As a consequence of Russia’s utilization of Bitcoin in international trade, Ukraine is likely to apply sanctions. It seems plausible that they will be utilized. This is because Russia is currently using the cryptocurrency Bitcoin. Stop Russia from using Bitcoin: Ukraine, on the other hand, is making preparations to stop Russia from using Bitcoin and...
The substantial amount of $70 million liquidated in XRP and DOGE futures could be interpreted as an indication of heightened speculative activity in major markets. This is because an enormous quantity of money was liquidated. Since the amount of money that was liquidated was not typical, this is the case. You must be aware that...
As expected, the Fed dropped rates by 25 basis points. Guys You Must Be Aware About The Following : The Federal Reserve has decreased the benchmark fed funds rate by 25 basis points, bringing it down to a range that is now between 4.25% and 4.50%. The “dot-plot” predicts that the Federal Reserve will decrease...
Kris Marszalek, a key figure in the bitcoin industry, was extended an invitation to meet with Donald Trump. A Bitcoin reserve order was the topic of discussion during the meeting, which was called for the aim of establishing the order. As part of President-elect Trump’s commitment to the cause of enhancing the standing of the...
