The possibility of $100 SUI

Investors think the Sui blockchain could easily compete and surpass Solana, therefore its native coin rose ahead of Christmas Eve despite the crypto market's downturn.

After reaching new all-time highs of $4.9577 a few days earlier, the SUI token rose 9% to $4.71 on December 23.

Just five days before the month closes, SUI has gained 29.9% while the crypto market has only gained 2%.

Sui Bridge, a cross-chain crypto transfer protocol, launched on December 23 and may have affected the token's performance. The Sui blockchain now lets users transfer $ETH and $USDT quickly and simply to their favorite dApps in its ecosystem, according to the development team.

On paper, the Sui blockchain can handle 300,000 transactions per second, whereas Solana can process 65,000. However, its environment is modest but expanding.

Sui may replace Solana since developers prefer it to construct dApps and mint new digital assets if scaling issues arise.

$SUI is Rising but Must Overcome Resistance

The $SUI chart suggests an uptrend that might push the asset over $5.

Trend line support and the $4 psychological barrier that investors have strongly held in recent days are the most important support places to monitor.

If the chart's upper barrier is next, a break above $5 may provide 24% short-term profits.

A divergence suggests that bullish momentum may be diminishing despite a rising asset price. After the Federal Reserve's hawkish statements, the market has become negative, therefore traders should be cautious if SUI falls below $4.

Long-term, $100 per token would raise this project's market valuation to $260 billion. Solana ($SOL) has reached $97 billion since its 2020 debut. Thus, a $100 SUI seems unlikely.

There's no reason the token can't treble its price if its ecosystem keeps growing as fast as it has in the last year.

$SUI #Crypto2025Trends #MarketRebound #BTCNextMove

Analyst Sets Target Above $0.37 After Dogecoin Breaks Symmetrical Triangle

This technical trend suggests Dogecoin will rise to a new objective over $0.375.

Symmetrical Triangle Will Raise Dogecoin Above $0.37
CryptoSanders posted a Dogecoin price chart with converging trendlines forming a symmetrical triangle. The TradingView expert said Dogecoin's price broke above the symmetrical triangle's upper trendline at $0.316, confirming a bullish breakout and suggesting a price explosion to $0.375.

The symmetrical triangle chart pattern indicates consolidation before a price breakthrough. A bitcoin price breakout from this pattern frequently signals a new or continuing trend. Breaking out of the lower trendline starts a bearish phase and vice versa.

The bullish setting of Dogecoin's price breakout is supported by price movement above crucial moving averages, according to CryptoSanders. Dogecoin was above the 50-EMA and 200-EMA when the analyst reported.

Two crucial moving averages indicate Dogecoin price growth. The TradingView expert believes Dogecoin's rising momentum may be strengthened by converging moving averages.

After Dogecoin broke the symmetrical triangle formation, the expert expects $0.375 as its next major resistance level. Investors take profits at this psychological Dogecoin price threshold.

Dogecoin might climb to new highs if it breaks over $0.375 barrier. Failure to cross this level might trigger another slump, driving Dogecoin below $0.306 support.

CryptoSanders shared his positive Dogecoin price forecast and a well-defined trading plan for investors wanting to benefit on this symmetrical triangle breakthrough.

After the breakthrough confirmation, the analyst found an entry zone around $0.316. A $0.306 stop loss reduces downside risk and financial loss if a breakout fails.

Along with the chart's resistance level, $0.375 has been confirmed as the main profit-taking zone. CryptoSanders says this trading setting has a good risk-reward.

#DOGE #MarketRebound #BTCNextMove $DOGE #Crypto2025Trends $BNB

Shiba Inu Burn Rate Rises 40% on Christmas Day, Price Rises 3.5%

SHIB burning increased in the 24 hours before Christmas in the Shiba Inu environment. According to Shibburn.com, Shiba Inu's burn tracker, the meme currency has burnt 41.87% more Shib tokens in 24 hours than before.

Increased Shiba Inu Burn Rate Drives Price Up

Shibburn.com reports millions of SHIB burnt in 24 hours. Shiba Inu holders burnt 7,309,654 SHIB tokens in 24 hours. Tokens are burnt when transmitted to one of the three SHIB burn addresses. Shibburn.com data indicates burns ranging from 6,387 to 4,326,195 SHIB tokens.

Although not substantial, the burn rate spike looks to have boosted SHIB's price. This is because the Shiba Inu price rose 3.5% in the last 24 hours, improving its market performance on Christmas Eve and Christmas Day. This rise in activity suggests the SHIB price may resume its positive trend.

How Long Can SHIB Burns Push Shiba Inu Price?

SHIB burns deflate Shiba Inu's supply, which boosts its worth over time. SHIB burning provide environmental benefits beyond lowering supplies.

For instance, SHIB burn activity indicates Shiba Inu merchant activity. High periods or spikes in SHIB burning generally boost network traffic and pricing.

Shiba Inu ecosystem efforts like ShibaSwap and Shibarium also cause SHIB burns. Shibarium burns SHIB tokens generated by layer-2 BONE gas costs.

In the last 24 hours, Shiba Inu has gained 3.5% to $0.00002305. The meme currency has fallen 10.71% in seven days.

#SHIB #Crypto2025Trends #BTCNextMove #MarketRebound $SHIB

Ethereum Price Prediction: Inverse Head-and-Shoulders Pattern Predicts $10,000

An expert found an inverse head and shoulder pattern on Ethereum's 6-month long-term price chart, indicating a breakout. Ethereum may soon reach $12,000, a new record high for the second-largest cryptocurrency by market value, according to this bullish pattern.

When a cryptocurrency breaks through the neckline after the pattern is complete, it may be entering an uptrend. Ethereum's price has fallen nearly 8% in the previous week.

After falling from over $4,000 to below $3,500, Severino expects Ethereum to rebound to $12,000, the leading cryptocurrency.

The analyst's price chart shows that the left shoulder of the inverse head and shoulder developed in 2021, while the head formed during Ethereum's price drop in 2022, representing the pattern's lowest point.

Ethereum just tested the neckline, a horizontal trendline resistance level, completing the right shoulder of the inverse head and shoulder pattern. The bullish trend reversal associated with this chart pattern was confirmed when Ethereum broke over $3,400.

The distance between the head and the neckline on the price chart is 265.84%, indicating Ethereum might climb between $10,000 and $12,000. Severino's Ethereum price goal may match the inverse head and shoulder's upward-sloping channel, supporting this bullish trend view.

The analyst posted Ethereum's accumulating address balance chart. Ethereum whales are buying ETH tokens quickly, significantly growing their holdings since 2017. The huge increase in accumulation shows investors are ready for a positive price move.

The analyst's chart's red arrow reveals a recent ETH balance surge on accumulation addresses. Most wallets related with this surge accumulation have witnessed small outflows, indicating long-term investor holding.

#ETH #MarketRebound #BTCNextMove $ETH $XRP $SOL

Singapore Leads Asia's Crypto Hub Race Over Hong Kong

Singapore outperformed Hong Kong in “regulatory efficiency and appeal” to crypto businesses in 2024, according to Bloomberg.

The city-state awarded 13 crypto licenses this year, more than twice the amount in 2023. OKX, Upbit, Anchorage, BitGo, and GSR received regulatory permission, underscoring Singapore's rising appeal to digital asset companies.

Hong Kong's licensing framework has made “slower progress” with just seven fully approved platforms and numerous more with interim authorization.

Hong Kong Accelerates Crypto Licensing: 4 New Exchanges Approved
Regulation Differences Make Region Competitive
Industry observers blame Hong Kong's regulatory limitations for its tardiness. They said the city's strict token listing, delisting, and custody restrictions make it hard for exchanges to make a profit.

TRM Labs senior policy advisor Angela Ang said:

Hong Kong's exchange regulations are stricter in areas like client asset custody and token listing and delisting. This may have favored Singapore.”

Different Crypto Innovation Strategies
Singapore's balanced regulatory system encourages new entrants and incumbent financial institutions to collaborate.

Project Guardian and Global Layer 1, supported by the Monetary Authority of Singapore, seek to speed asset tokenization and blockchain use in wholesale financial markets, Bloomberg said.

Singapore has become a solid regional headquarters for digital asset firms due to these initiatives.

Despite the sale of HK$6 billion ($770 million) in tokenized green bonds and the debut of Bitcoin and Ethereum spot ETFs, acceptance has been sluggish in Hong Kong.

These Hong Kong ETFs have $500 million in assets under management, compared to $120 billion in the US.

#Singapore #HongKong #MarketRebound #BTCNextMove $BTC $ETH $XRP

Japanese Giant Metaplanet Buys 60 Million Bitcoin Could This Start a Bull Run?

Recently, Japanese investment company Metaplanet made its biggest Bitcoin acquisition, purchasing 619.7 BTC for ¥9.5 billion ($60.5 million). After issuing debt and buying additional BTC, Metaplanet's BTC treasury strategy has advanced. The business now has 1,761.98 BTC, worth approximately $164 million at current pricing.

Metaplanet's approach resembles MicroStrategy's, a U.S. software business that values BTC.

In 2020, MicroStrategy bought BTC to improve shareholder value. Over $41 billion, MicroStrategy controls 444,262 BTC.

Bold Value-Boosting Strategy

Metaplanet's move to buy more Bitcoin has garnered attention, particularly given its aspirations to safeguard its BTC holdings and lead Japan's Bitcoin ecosystem. Some hailed the decision, while investors criticized it, causing its stock price to dip last week.

This response was partially caused by fears about the corporation becoming a "Bitcoin treasury" like MicroStrategy.

Metaplanet's approach shows faith in Bitcoin's long-term worth despite varied reviews. Metaplanet wants to store value using Bitcoin by building large reserves. As Japan's bitcoin industry evolves, this brave action may inspire other companies.

Bitcoin Market Outlook: Can It Break $99,350?
The Bitcoin market is consolidating. After falling below $92,000, Bitcoin is now trading at $98,180.

Resistance begins at $99,350 and increases at $102,470 and $106,450.

Bitcoin might rise to $100,000 if it breaks these boundaries.

On the downside, $96,210, $92,710, and $90,870 are important support levels.

The RSI of 60.20 shows positive momentum may continue, but Bitcoin's volatility remains high.

A break over $99,350 might spur more gains, while failure to hold above $96,210 could cause regression.

Metaplanet adds $60.5 million to its Bitcoin treasury.

Bitcoin faces immediate resistance around $99,350; a break might boost prices.

RSI 60.20 indicates positive momentum, but volatility persists.

#BTCNextMove $BTC #GrayscaleHorizenTrust #MarketRebound

XRP Price Challenges: Can Bulls Win?

XRP recovered and rose over $2.25. The price is trying to break $2.350.

XRP is trying to break $2.250 barrier.

The price is above $2.25 and the 100-hour SMA.

On the hourly XRP/USD chart, a positive trend line connects to $2.285 support.

The pair may rise if it breaks $2.350 barrier.

XRP Price Struggles

Like Bitcoin and Ethereum, XRP rose beyond $2.20. Above $2.25 and $2.30, prices rose.

The price tested $2.35 before bears emerged. Price is holding gains after hitting $2.348. A slight dip occurred below the 23.6% Fib retracement level of the $2.130 swing low to $2.348 high upward rise.

The price is above $2.25 and the 100-hour SMA. On the hourly XRP/USD chart, a positive trend line connects to support at $2.285.

Price may find resistance at $2.32 on the upside. Near $2.35 is the first substantial resistance. The next hurdle is $2.40. A clean break over $2.40 might push the market above $2.50.

More advances might push the price toward $2.550 or $2.650. The bulls may face $2.720 next.

Another Fall?

XRP may fall again if it fails to break $2.350. The trend line and $2.28 provide first negative support. The next key support is $2.240, the 50% Fib retracement level of the bullish advance from $2.130 swing low to $2.348 high.

If the price breaks down and closes below $2.240, it may fall near $2.20. Near $2.050 is the next important support.

Tech Indicators

Hourly MACD on XRP/USD is falling in the negative zone.

XRP/USD's hourly RSI is over 50.

Major Support Levels: $2.280, $2.240.

Two major resistance levels: $2.350 and $2.40.

#XRP #GrayscaleHorizenTrust #MarketRebound #MicroStrategyInNasdaq100 $XRP $ETH $BTC

If $VANA can hold above $22, higher targets may come into play. Sustained movement above this key level could signal strong bullish momentum, attracting more attention from investors. A breakout here may pave the way for significant upward potential, supported by growing market confidence. Traders should watch for confirmation of support and volume increases to validate the move. Staying above $22 could mark the beginning of an extended rally toward new highs.

The Montenegrin Constitutional Court denied Do Kwon's extradition appeal

Montenegro's Constitutional Court dismissed Do Kwon's appeal, co-founder of Terraform Labs and a key role in TerraUSD (UST) and Luna's failure.

Kwon's attempts to fight the proceedings were dashed by the court's December 24 judgment, which supported the Minister of Justice's extradition power.

Kwon appealed and challenged a Supreme Court verdict that blocked his transport to South Korea, delegating extradition decision to Justice Minister Bojan Božović.

The Constitutional Court rejected these petitions, allowing the Justice Minister to decide Kwon's destiny.

Local sources say Montenegro may extradite him to the US rather than South Korea, with experts citing national interests.

Kwon, suspected of triggering $34 billion in Terra-Luna crash damages, fled South Korea in 2022 and is under investigation.

After going via Singapore, the UAE, and Serbia, he was caught in Montenegro for forging a passport.

Despite the verdict, Kwon's lawyers will likely fight to prevent his extradition to the U.S., where he faces many counts.

Montenegro has been requested to speed up the procedure by South Korean officials, who fear human rights breaches.

Kwon's extradition timeframe is unknown, but the court's ruling has limited his legal choices.

They will also be permanently barred from trading “crypto asset securities,” including Terra tokens.

After the SEC proposed a $5.3 billion penalty, Terraform Labs argued for a $1 million maximum punishment.

On June 6, Kwon and Terraform Labs' lawyers accepted the SEC's amended settlement offer of $4.5 billion.

Kwon, who is in Montenegro awaiting extradition, did not attend the settlement trial.

Terraform Labs, under Chapter 11 bankruptcy, must meet the settlement's large financial commitments.

Terraform Labs' CEO, Chris Amani, said that the firm had $150 million in assets.

However, how the corporation will pay the settlement's large penalty is unknown.

#LUNC #LUNA #MarketRebound #BTCNextMove #TerraForm $LUNC $LUNA $USTC

$TURBO remaining above 0.0120 will confirm a stronger bullish target. If it holds this level, we could see a new all-time high (ATH) in the early days of 2025. This potential rally aligns with positive market sentiment and growing momentum. Investors should monitor key levels closely for confirmation. A breakout above resistance could lead to a significant upward move, offering promising opportunities in the short and mid-term.@TURBO

Solana (SOL) Preparing for a Surge?

Solana held above $175. SOL price is rebounding and encountering challenges at $200 and $205.

SOL price rose after hitting $175 vs the US Dollar.

The price is over $190 and the 100-hourly SMA.

SOL/USD broke over a negative trend line with resistance at $185 on the hourly chart.

If bulls break $205, the pair may rise again.
Solana Price Sees Rise

Solana price developed a solid foundation and rose from $185 like Bitcoin and Ethereum. A solid rise occurred over $190 and $192 barrier levels.

SOL/USD broke over a negative trend line with resistance at $190 on the hourly chart. Above $195, the pair challenged the 50% Fib retracement level of the decline from $228 swing high to $175 low.

The price is presently encountering numerous obstacles approaching $200. Above $190 and the 100-hourly simple moving average, Solana trades. At $202, pricing faces resistance on the upward.

The next big obstacle is $208, the 61.8% Fib retracement level of the $228 swing high to $175 low decline. The $215 resistance may be key. A closing above $220 barrier might start another sustained rise. The next hurdle is $235. More increases might push the price toward $250.

SOL Decline Again?
SOL may fall again if it fails to break $208 barrier. The downside has initial support at $195. Near $188 is the first big support.

A breach below $180 might push the price near $175. If the price closes below $175, it may fall to $162.

Tech Indicators

SOL/USD hourly MACD is rising in the positive zone.

Hourly RSI – RSI for SOL/USD is over 50.

Major Support Levels: $195, $188.

$208–$215 are major resistance levels.

#SOL #MarketRebound #BTCNextMove #MicroStrategyInNasdaq100 $SOL $ETH $XRP

XRP survives crypto market sell-off

XRP holders stuck onto their tokens despite last week's crypto market tumble.

Investor persistence may be owing to 2025 positive drivers.

Breaking over the top border of a crucial symmetrical triangle formation might retest XRP's all-time high resistance.

Following a number of on-chain indicators, Ripple's XRP is up 6% on Tuesday, indicating investors kept onto their holdings despite the crypto market sell-off last week.

XRP investors remained cautious after last week's market sell-off caused by the Fed's plan to lower rates just twice in 2025.

The fall in the XRP Dormant Circulation across all coin age cohorts shows that most XRP investors kept onto their tokens, unlike most other cryptocurrencies. This statistic rises when investors sell tokens quickly and falls when they hang on.

The XRP Mean Coin Age indicator, which tracks the average number of days XRP coins spent in their present addresses, shows a similar trend. Since December 12, this indicator has progressively grown, suggesting XRP investors are inclined to accumulate rather than sell.

A crypto market sell-off has left XRP investors with an average profit of almost 300%, favoring accumulation. This suggests that XRP investors are becoming more resilient despite crypto market negativity.

Anticipated positive triggers like an XRP ETF in 2025 and President-elect Donald Trump and a new SEC administration taking office on January 20 may explain the holding mentality.

As seen in the figure below, investors recorded huge gains between November 30 and December 17, which may explain XRP's lower distribution.

Breakout above major trendline will restart XRP's uptrend.
Coinglass data shows $6.6 million in XRP liquidations in 24 hours. Long and short liquidations were $2.02 million and $4.58 million.

After a rejection at $3.00 on December 3, XRP is consolidating in a symmetrical triangle. The remittance-based coin is trying to rise after rebounding off the triangle's $2.1 support trendline.

#XRP #MarketRebound #BTCNextMove #XRPGoal $XRP $ETH $BTC

Cryptocurrencies are up. Why? Santa rally story accelerates

The crypto market is rebounding from last week's losses.

Price activity suggests Christmas speculators expecting a crypto 'Santa surge' are buying.

Following Ethereum ETF inflows and altcoin outperformance, investors may turn to altcoins this Christmas season.

BTC and the cryptocurrency market surged 5% on Tuesday as major assets try to recoup from last week's losses. Altcoins dominate this market upswing, showing investor confidence is fueling the 'Santa surge.'

Altcoins lead market rebound as investors fuel Santa surge
After a weeklong drop, the crypto market is rallying on Christmas Eve. Holiday traders' buy-side pressure boosted Bitcoin, Ethereum, Solana, XRP, and Dogecoin.

This suggests a 'Santa rally,' when cryptocurrencies gain in the last five trading sessions of a year and the first two of January. Tuesday's market activity suggests holiday traders believe the story.

Another factor for the price rebound may be predictions of a crypto market boom after the holidays.

The January 20 US presidential inauguration of Donald Trump may spark a major spike in crypto markets.

According to Coinglass statistics, Ethereum ETFs had $130.8 million inflows on Monday while Bitcoin ETFs saw $226.5 million exits. The big difference between these items suggests investors are focusing on cryptocurrencies this season.

This is seen by the double-digit growth of cryptocurrencies like Pudgy Penguins (PENGU), Hedera (HBAR), JasmyCoin (JASMY), Stellar (XLM), etc.

The overall stock market has also been rising, suggesting regular investors are believing the Santa rally story.

#MicroStrategyInNasdaq100 #MarketRebound #BTCNextMove $BTC $ETH $XRP

Break Above $5.0 Imminent for Sui (SUI) as On-chain Activity Rises

On Christmas Eve 2024, the Sui (SUI) bulls continue in power, with the price hovering at $4.60, barely below its record highs of $5.0 earlier in the month.

Despite a significant rebound from the 50DMA last week, SUI continues to find support.

That signals buyers are still interested in the drop, and pressure may be building for an explosive burst over $5.0 in the coming weeks.

SUI Price Analysis

The optimistic Sui price movement shouldn't be a surprise given rising on-chain activity, declining trade volumes, and a structural background that will support crypto markets throughout 2025.

DeFi Llama reports that the USD worth of crypto trapped in smart contracts on the Sui blockchain is approaching $1.8 billion, on-chain volumes are $400 million to $600 million, and perp volumes are returning to their year-high levels.

The blockchain's record year was summarized by Sui's X page on Twitter.

Where Will Sui (SUI) Price Go?

The Sui price is anticipated to break out over $5.0 in the short future.

With Sui already in price discovery, the currency has few price objectives.

A 2x rally to $10 is possible. Sui's market worth is $46 billion completely diluted ($13.5 billion circulating), hence the coin might increase more than 2x.

Sui is now one of the greatest layer-1 protocols in the game, and it has room to catch up to Solana and Ethereum.

The completely diluted market caps of Solana and Ethereum were $116 billion and $420 billion, respectively, and both are expected to grow in 2025.

May Sui attain a fully diluted value in the hundreds of billions this cycle? It's possible if its chain leads web3 adoption, as it is.

If assumptions persist, a $20 Sui price is achievable. It's a solid contender for best crypto to purchase today.

SUI Price Analysis
Naturally, crypto investors should diversify their portfolio with a few high-potential coins.

Bitcoin might gain 2x next year or more if strategic reserves rise. Other top tokens like Ethereum and Solana may also do well.

#SUI $SUI #BTCNextMove

Binance Alpha Lists 5 More Crypto Projects on Christmas Eve

GAME, UFD, GEL, GOUT, YNE on Binance Alpha

Binance Alpha added GAME, UFD, GEL, GOUT, and YNE today.

The tokens' values rose after listing.

Binance Alpha featured five additional crypto projects today to showcase their Web3 potential. Binance's new platform included these projects.

Binance Alpha Adds 5 Crypto Projects

1. GAME by Virtuals

GAME lets AI agents receive data and respond independently while learning from prior encounters.

Long-term memory, encompassing experiences, reflections, and dynamic personality features, helps AI agents improve their planning and performance over time, improving decision-making.

After debuting on Binance Alpha, GAME rose from $0.24 to $0.25. The coin's market value is around $245 million.

2. Unicorn Fart Dust

The memecoin UFD is sarcastic. Today, UFD rose 20% to $0.13 and a market worth of almost $130 million.

3. Gelato

The developers behind Gelato Network claims it is an unlimited Ethereum Rollup as a Service Platform. Fast, secure, and “infinitely scalable” are its goals. Its rollups let anybody develop and deploy fully serviced L2 chains on Arbitrum, Optimism, and Polygon.

After debuting on Binance Alpha, GEL rose from $0.2 to $0.22 and has a market worth of approximately $52 million.

4. GOUT

According to the project creators, GOUT is a crypto project that will build a unique environment. The Binance Smart Chain-based currency celebrates overcomers and winners.

GOUT's market worth rose to $82 million when Binance Alpha listed it. GOUT rose nearly 35% today.

5. Yesnoerror

AI agent idea memecoin YNE is on Solana.

YNE's price rose 88% today to over $0.03, with a market valuation of over $31 million. The Binance Alpha listing also boosted YNE's price.

Binance Alpha, established recently, showcases early-stage Web3 companies with growth potential.

#BinanceAlphaAlert #BinanceLabsBacksUsual #BTCNextMove #MarketRebound $BTC $BNB $SOL

BONK Targets 1 Trillion Burn by Christmas—Could Prices Explode 300,000%?

Bonk has increased 0.5% in 24 hours to $0.00003175 while the cryptocurrency market dips 1% today.

The meme currency has fallen 12% in a week, 31% in a month, and 45% from its November 20 all-time high of $0.00005825.

With its DAO planning to burn at least 1 trillion BONK by December 25 for its ‘BURNmas’ celebration, Bonk may be making a return.

The BURNmas tracker currently predicts 1.6 trillion BONK will burn, and its inventor claims $0.11 is its long-term price objective.

In addition to burning, Bonk's DAO and team are urging community members to promote the token during BURNmas, which was revealed in a November 15 blog post.

Bonk DAO burns 100,000 BONK for every #LetsBONK tweet during BURNmas.

With 1.6 trillion BONK expected burn, the community seems to be surpassing expectations.

This represents 1.7% of BONK supply and 2.2% of circulation.

This may explain why the BONK price hasn't responded to BURNmas given these tiny amounts.

It's fallen with the market's post-election rally hangover.

Today, BONK's chart shows that its RSI (purple) is rising again after dropping close to 30 a few days ago, suggesting an intermediate bottom.

The coin's 30-period average (orange) may have completed decreasing relative to the 200-period average (blue), and it may rise above the longer-term indicator in the next days and weeks.

BONK's $300 million trading volume is low compared to November's peaks, which is concerning.

The inauguration of Donald Trump next month might boost the market, and crypto-friendly legislation may follow.

BONK may rebound to $0.000050 by Q1 2025 and $0.00010 by Q2.

#BONK #MarketRebound #MicroStrategyInNasdaq100 $BONK $PEPE $1MBABYDOGE

Bitcoin holdings owned by MicroStrategy generate a yield of $299 million

MicroStrategy's executive chairman, Michael Saylor, recently updated the team on a significant accomplishment that the firm has accomplished. The fact that the yield on Bitcoin (BTC) reached 0.72% during the course of the previous week was brought to light by Saylor in a post that he made on a social media site. The post generated around 3,177 BTC.

This return further converts into a net gain of $299 million, which Saylor sees as a gift to MicroStrategy's shareholders. The article states that the value now stands at $94,000 per Bitcoin to be exact.

A Victory for Bitcoin Holdings In Terms of Strategy

Since the beginning, Michael Saylor has maintained a pro-crypto attitude, and his faith in cryptocurrency is beginning to pay off at the present moment. According to him, Bitcoin serves as a hedge against inflation and a store of value since it is decentralized.

Increasing institutional interest in Bitcoin and the possibility that it may earn a considerable amount of profit for the firm's owners are both indicated by the high yield that the company has generated.

Enhancing the Confidence of Shareholders Through MicroStrategy Strategy

Additionally, the disclosure made by Saylor demonstrates that the firm is dedicated to maximizing the value of its Bitcoin assets. Arkham Intelligence reports that MicroStrategy manages 79.296 thousand Bitcoins at the moment, which are worth at $7.60 billion. Through the use of these Bitcoins, the firm has been able to generate considerable profits that are directly beneficial to the owners.

With Bitcoin's recent jump to the six figure level, MicroStrategy's aggressive accumulation strategy continues to position the company as a leader in the adoption of Bitcoin by corporations.

#MicroStrategyInNasdaq100 #MarketRebound #BTCNextMove $BTC $ETH $XRP

If $PENGU can maintain stability around the 0.037 level, it could enter a new upward trend, potentially leading to an all-time high (ATH). Investors are closely monitoring this key support level, as holding it could signal a bullish breakout. Momentum and market conditions will play a critical role in determining whether PENGU can achieve new highs in the coming days.

Altcoins Like Ethereum, XRP, and Others Set to Soar as Bitcoin Consolidates

With Bitcoin's consolidation, altcoins like Ethereum (ETH), Ripple (XRP), and others are seeing more interest, which has the crypto market hopeful. According to renowned crypto expert Michaël van de Poppe, Ethereum has the potential to surpass Bitcoin in the next weeks. It is possible, according to van de Poppe's statement on X, that ETH/BTC might surpass 0.04 in January.

An Upcoming Ethereum and Altcoin Rally?
"Inflow of Ethereum, outflow of Bitcoin," they tacked on. Investing in Bitcoin -> #Altcoins powered by the Ethereum network. With the statement, "The bear market has ended for altcoins," Van de Poppe brought attention to the changing market dynamics even further. Put yourself in their shoes and savor the experience.

He drew a parallel between the present market scenario and last December, when the upward momentum of Bitcoin gave way to a parabolic spike in altcoins. For the time being, Bitcoin's upward trend is over, so other cryptocurrencies may enjoy some parabolic maneuvering. It will remain in effect until Bitcoin is operational, he said.

Crypto analytics site Santiment saw a notable surge in altcoins after Bitcoin's temporary dip. The business posted on X that "Altcoins have seen a huge breakout Tuesday," despite Bitcoin plunging to $92.4K before a minor rebound. Adding to Bitcoin's prominent position in the current bull run, Santiment said, "BTC has mainly led the way throughout this bull cycle."

Market players are keeping a careful eye on Ethereum to see whether it will surpass Bitcoin in terms of performance. XRP and other altcoins have also shown strong performance. As Bitcoin finds its footing, the changing market attitude indicates that investors will turn their attention to altcoins.

#MarketRebound #BTCNextMove #XRP #ETH $BTC $ETH $XRP

Amid Market Difficulties, XRP Attracts More Interest

In December, XRP swept the cryptocurrency market and surpassed all other altcoins traded on Binance in terms of volume. Data from Binance Futures shows that the currency is becoming more popular among traders, as seen by its incredible trading volume of over $116 million. In spite of the challenging market conditions, XRP has managed to achieve remarkable success, particularly considering the steep price drops seen by other cryptocurrencies like Bitcoin.

Increasing Demand Despite Market Difficulties

There has been general unpredictability in the digital currency market lately. The value of Bitcoin and several altcoins has been declining, but XRP seems to be holding its own. In spite of an 11% decline in value over the previous week, the cryptocurrency is still trading at about $2.25 and has a respectable 250% yearly rise in value. For investors seeking solid options in a volatile market, this resilience is a major selling point.

The rate of XRP's recovery from losses has been shown to be correlated with its recent drops, according to analysts. The digital asset's derivatives trading activity is quite active and strong, according to analysts.

An spike of 34% in XRP derivatives trading indicates that traders are more interested in the potential price swings of the cryptocurrency. Although, XRP contract open interest fell, suggesting that some traders may be selling their holdings because of market volatility.

The increase of wallet holders is the second encouraging indication for XRP. There has been a 28% increase, or 5.75 million non-empty XRP wallets, according to Santiment statistics, over the previous two years. Larger patterns in the rising acceptability of cryptocurrencies, such as Bitcoin and Ethereum, are reflected in an increase like this.

#xrp #MarketRebound #MicroStrategyInNasdaq100 #BTCNextMove $XRP $ETH $BTC