[ad_1] According to a recent Bloomberg report, Donald Trump’s crypto initiative, World Liberty Financial (WLF), is making significant strides by acquiring three altcoins worth millions. This move comes amid growing speculation that the decentralized finance (DeFi) platform is on the brink of “becoming operational.” Trump’s Crypto Venture Secures Major Token Purchases Since December 11, World Liberty Financial has made notable purchases, acquiring 2,731 Ethereum (ETH), 4,043 Aave (AAVE), and 78,387 Chainlink (LINK) tokens, as revealed by blockchain data firm Nansen. These acquisitions total approximately $10.4 million in ETH, $1.4 million in AAVE, and $2.2 million in LINK. The project was unveiled…
Author: dfrancis36
[ad_1] In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC. Trump Rings The Bell For Crypto This meeting follows shortly after President-elect Donald Trump rang the opening bell at the New York Stock Exchange (NYSE), where he emphasized the need for the US to take decisive action in the cryptocurrency space. In an interview with CNBC anchor Jim Cramer, Trump stated, “We…
[ad_1] The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next price movement. Bitcoin Strong Support Wall To Maintain Bullish Drive On December 13, popular crypto expert Ali Martinez highlighted an important development in the Bitcoin market. Using data from IntoTheBlock, Martinez shared that recent investors’ activity has formed a strong Bitcoin support wall between $94,300 and…
[ad_1] Este artículo también está disponible en español. With the XRP price set to make its next move, crypto analyst Dark Defender has revealed the next major support and resistance levels for the crypto. The analyst also suggested that XRP’s next move could happen sooner than expected. Next Major Support And Resistance Levels For The XRP Price In an X post, Dark Defender mentioned $2.42, $2.52, $2.71, and $5.85 as the next major support levels for the XRP price. Meanwhile, the crypto analyst highlighted $2.29, $2.24, $2.10, and $2.02 as the next major support levels for XRP. The analyst made…
[ad_1] The Ethereum network has recently witnessed a resurgence in activity, with new wallet addresses hitting an eight-month high. On-chain data shows that an average of 130,200 new Ethereum addresses are being created daily in December, a level of network activity not seen since April. This resurgence in activity comes as the Ethereum price targets a break above the $4,000 price level, with the $5,000 price level also increasingly coming into view. Ethereum’s Network Activity Hits New Heights Ethereum’s uptick in new wallet addresses points to an increasing level of interest among users and investors. This interesting sentiment is revealed…
[ad_1] Este artículo también está disponible en español. In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives. Bitcoin Adoption Surges Among Nations And Major Corporations Hamada’s proposal reflects a broader interest in diversifying national reserves with cryptocurrencies, particularly following recent discussions in the Japanese parliament about reserve movements in the US and other countries. This surge in interest comes on the heels of Texas’s significant legislative efforts. The…
[ad_1] Este artículo también está disponible en español. As speculation swirls around the future trajectory of Bitcoin (BTC) and the broader cryptocurrency market, asset management firm VanEck has released a set of predictions that bolster optimism for continued upward momentum. VanEck Forecasts Bitcoin Soaring To $180,000 VanEck predicts that the crypto bull market will reach a “medium-term peak” in the first quarter of 2025, followed by new all-time highs by the year’s end. The firm estimates Bitcoin could soar to approximately $180,000, while Ethereum (ETH) may exceed $6,000, Solana (SOL) could surpass $500, and Sui (SUI) might reach over $10.…
[ad_1] PEPE price analysts are confident of a continued rally. Yet, investors continue joining Propichain, which just entered round two of its presale. Early participants have already earned 208.17% interest from Propichain, with more to come. Yet, can the Propichain AI altcoin perform better than the current PEPE price rally? Keep reading for more. PEPE Price Predictions for 2025: What Analysts Say PEPE price movements in the past month have remained upward, coinciding with the overall bullish sentiments in the crypto market. Like other meme coin assets, the PEPE price soared shortly after Bitcoin crossed the $90,000 mark in early…
[ad_1] A popular crypto analyst has issued a warning about Aave (AAVE), a top decentralized lending protocol built on Ethereum (ETH). The trader Ali Martinez tells his 98,500 followers on the social media platform X that social volume and positive sentiment around Aave’s native token are skyrocketing. “With the crowd’s growing focus on AAVE, a brief pullback might be on the horizon, as markets often move against popular sentiment.” Source: Ali Martinez/X AAVE, the 34th-ranked crypto asset by market cap, is trading at $384.85 at time of writing. Turning to Litecoin, Martinez says that LTC is “irrelevant, both fundamentally and…
[ad_1] BNB is demonstrating resiliency, reclaiming the $724 mark as bullish momentum gathers steam. After weeks of navigating through volatile price swings, the bulls seem determined to make their presence known. However, the big question remains: can they sustain this rally and push the price toward the highly anticipated $800 milestone? With momentum building and market sentiment turning bullish, the stage is set for a potential breakout that solidifies the asset’s upward trajectory. Will this be the moment investors have been waiting for, or will resistance once again prove too strong? BNB Reclaims $724: A Key Step In Its Bullish…