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Critical onchain data for Bitcoin (BTC) has arrived: The rise continues! Bitcoin (BTC), which stepped on the gas after the announcement of the US inflation data, increased expectations with the MVRV data. The US inflation expectation (2.6 percent) announced on November 13 came within expectations. However, BTC, which gained upward momentum, left $ 89,500 behind. Onchain data turned positive with the market turning green again. With the rise of the crypto market, Bitcoin addresses exceeded the 1 million limit. In addition, a significant increase was observed in the number of transactions and transaction fees on the Bitcoin network. Last week, large transactions increased to 33.33 thousand and the total transaction volume reached 1.36 million BTC. This development indicates the highest level in both the number of transactions and volume in seven days. As the network strengthens, the ratio between market value and realized value (MVRV) indicates a further increase for Bitcoin. The MVRV ratio has historically been useful in determining market peaks. It reached 4.91 in 2013, 4.24 in 2017, and 3.68 in 2021. These peaks usually indicate market peaks. Currently, the MVRV ratio is at 2.47, and the BTC price continues to make new highs. According to IntoTheBlock, a market peak is usually marked by an MVRV ratio between 2.6 and 5. Given that the previous peak was at 3.68, the next peak is expected to be near 3. In this context, the current MVRV ratio of 2.47 indicates that Bitcoin has significant room for growth.
Will Tron (TRX) rise? Tron, one of the major altcoins with its market value and blockchain activity, has lost nearly 10 percent of its value since last night. TRX, which rose above $ 0.19 the other day, is trading at $ 0.175. Tron, the blockchain with the highest trading volume of Tether (USDT), has had difficulty keeping up with the potential bull run. AMBCrypto has examined TRX, which has shown a relatively weaker performance compared to other major altcoins. In the analysis, it was stated that TRX, which reached an all-time high of $ 0.1920 the day before, may continue its rise. TRX gained momentum with the statements of Tron founder Justin Sun and development activities in the ecosystem. The $TRX price has increased by 66 percent since the beginning of 2024. In fact, TRX remained weak compared to $BTC , which gained momentum with the US presidential elections. An analysis prepared by AMBCrypto stated that the Bollinger Bands formed on the TRX chart signaled further increases. The analysis emphasized that the increase in TRX's trading volume and the recovery of investor interest were important factors. “TRX showed strong upward momentum, last reaching April 2021 highs on the monthly chart. This movement shows that TRX has potential amid the intensified cryptocurrency bull cycle following Trump's recent election victory.”
Analyst makes crazy price prediction for Ripple (XRP)! Armando Pantoja, who is famous for his cryptocurrency analysis, made a surprising price prediction for Ripple (XRP). XRP is trading at $ 0.654, gaining 8 percent in the last 24 hours, and its market value is currently $ 37 billion. XRP's daily trading volume has tripled, exceeding $ 12 billion. In addition, the popular altcoin has moved into seventh place, leaving USDC behind in terms of market value. According to Santiment, one of the most important factors in $XRP exceeding the $ 0.74 level is investors' fear of missing out (FOMO). The rise of XRP is linked to Donald Trump winning the US presidential election. President-elect Trump had promised to dismiss Gary Gensler, the head of the US Securities and Exchange Commission (SEC). The end of the SEC’s legal battle against Ripple with a crypto-friendly chairman seems to have triggered a wave of FOMO among investors who support XRP. In addition, Trump is considering appointing Robinhood’s chief legal officer Dan Gallagher as SEC chairman instead of Gensler. Referring to the technical structure in XRP, Armando Pantoja expressed a price prediction that excited investors. According to the analyst, the “Symmetrical Triangle Formation” formation on the chart indicates a major rise for XRP. Stating that XRP exceeded $3 when this structure was last seen, Pantoja sees pricing below $1 as an opportunity. According to Pantoja, the Symmetrical Triangle Formation, the MACD indicator and increasing trading volume signal an increase towards $8-30.
Crypto expert gives mega rally date for Bitcoin (BTC). Rekt Capital, known for its cryptocurrency analysis, has determined the critical date for Bitcoin ($BTC ) based on cycles. Cryptocurrency analyst Rekt Capital, who has 506,000 followers on X (formerly Twitter), made a striking prediction for Bitcoin. Based on BTC's cyclical price movements, Rekt Capital made crypto investors happy by making a prediction about 2025. Based on BTC's past halvings, Rekt Capital expressed the important date range for the next bull season. The analyst said, "Bitcoin bottomed 517 days before the 2020 halving and reached its peak 549 days later. If we consider that it bottomed 517 days before the 2024 halving, we may be at the peak approximately 549 days later." Based on halving cycles, he pointed to October 2025. Donald Trump, who won the US presidential election, increased the demand for Bitcoin. BTC, which rose from $70,000 to $89,900 in a short time, greened the market. According to the decentralized prediction platform Polymarket, the probability of $BTC reaching $100,000 within the year is 65 percent. Polymarket, which draws attention with its consistent data during the US presidential election process, reveals investors' views on the market. If Donald Trump takes office, fulfills his promises and new user entry into the sector increases, a $100,000 level can be targeted for Bitcoin. However, this level may be difficult to exceed. It appears to be a level that can create selling pressure, especially from a psychological perspective.
4 memecoins that could be listed by Binance. Finally, Binance listed HIPPO and X memecoins on November 13. So which memecoins could meet Binance's criteria and fulfill the listing conditions? Here are five memecoins that are likely to be listed by Binance... 1) The "meme" Gigachad, which once swept the internet, has taken its place in the crypto ecosystem. The term Gigachad, which is generally used in terms of attractiveness, masculinity and social dynamics, has become a popular memecoin on the Solana blockchain. Launched on Solana, GIGA quickly went viral and built a large community. Community members began speculating that GIGA would be listed by Binance at any moment. 2) Dog, created on the Bitcoin blockchain, is one of the most popular examples of its kind. Standing out among Bitcoin memecoins, Dog quickly went viral. Dog, which has built a strong community, reached a market value of $ 389 million. Bitcoin memecoin records an average daily transaction volume of $15 to $20 million. Dog, which has also gained momentum in social media metrics, is among the memecoins that Binance can list. 3) Milady, who has gained a large audience in the NFT field, managed to make a splash with the memecoin she released. Milady, who has had a place in the crypto ecosystem for a long time, managed to attract attention with the memecoin called LADYS. LADYS has grown with the popularity of its NFT collection. The LADYS community, which consists mainly of Asian investors, is waiting for the Binance listing. LADYS, which meets the community and activity criteria, is among the memecoins that are likely to be listed by Binance. 4) Memes AI (MEMESAI), which is in the category of artificial intelligence memecoins, attracted attention with its extraordinary structure. Recently launched, MEMESAI reached a market value of over $70 million in a short time. Having reached 17 thousand followers on the X platform, Memes AI is recording high transaction volume on the Solana blockchain. Increasing investor interest has increased MEMESAI’s wallet holders to over 10 thousand.
🗣️Galaxy CEO Michael Novogratz: If a Bitcoin reserve is established, other countries will have to buy it. I think the likelihood of a Bitcoin reserve is low. If a reserve is established, Bitcoin would reach $500,000.
🗣️Fed member Kashkari: • I am confident that inflation is moving in the right direction. • I do not yet see much upside risk to inflation. • I am not ready to say that inflation is stuck above 2%. • We are in a good place in the labor market and we want to keep it there. • We have two-sided risks. • The risks existed before the election, it's necessary to monitor the data.
Solana (SOL) at a two-year high: The bull run is accelerating. Solana’s native token $SOL rose 35 percent between November 5 and 11, reaching $222, its highest level since December 2021. This rise was further strengthened by Bitcoin’s $89,500 surpass and the long-standing memecoin craze. SOL outpaced the altcoin market cap, which increased by 33 percent during the same period. Investors’ optimism about SOL is also supported by the expansion of Solana’s smart contract activities. This data coincides with the increase in total locked value (TVL). Solana’s TVL rose to $7.6 billion as of November 10, reaching its highest level since December 2021. Decentralized applications (DApps) such as Jito, Raydium, Drift, and Binance’s liquid staking contributed to a 36 percent growth in deposits. The Solana ecosystem has attracted attention with the sharp rise of memecoins such as Dogwifhat ($WIF ), Bonk (BONK), and Popcat (POPCAT). In addition, the continuous increase in revenue from the memecoin generation platform Pump.fun has increased demand for the ecosystem. You may also be interested in: Wild predictions for Bitcoin: $100,000 will be too little! Weekly DEX volume on Solana reached $17.1 billion as of November 2, reaching its highest level since March 2024, and reaching a market share of 26 percent. This rate even surpassed leading DApp-focused blockchains such as Ethereum. In addition, Solana made a significant contribution to network security by generating $88.2 million in monthly revenue. The Ethereum network, which has a TVL seven times higher than Solana, generates $131.6 million in monthly revenue, while Tron has raised $49.1 million in 30 days. The cryptocurrency analyst known as Bluntz on X (formerly Twitter) thinks that $BTC will reach $150,000, SOL will reach $500, and ETH will reach $8,000. Bluntz, who stated his price prediction under another user's post, excited his followers. Although the $500 target for Solana seems difficult for now, considering the memecoin craze and Bitcoin dominance, this target may be reasonable for the medium/long term
Crazy predictions for Bitcoin: $100,000 will be too little! As the Bitcoin (BTC) price approaches $90,000, striking predictions have begun to come from crypto analysts. The bull run in the crypto market continues at full speed. In the bullish cycle called the “Donald Trump effect,” BTC is running from record to record. The leading cryptocurrency approached $90,000 during the day. Spot Bitcoin ETFs recorded a net inflow of $1.11 billion the other day. The data in question enabled BTC to rise by 9 percent in the last 24 hours. Crypto analyst Michael van de Poppe predicted that BTC is just at the beginning of the road and that the rise will reach six-digit levels. The analyst likened the rise in $BTC to the dot.com bubble. An analyst named Coosh stated that BTC is targeting between $270,000 and $340,000. “Bitcoin will continue its rise” Bitcoin (BTC), which recorded a trading volume of $138 billion in the last 24 hours, reached a market value of $1.76 trillion. Analysts think that the bull run will continue in BTC, which has increased by nearly 30 percent in a week. You may be interested: According to Polymarket, Bitcoin will reach $100,000 by the end of the year Michael van de Poppe claimed that the Bitcoin rise will continue and the BTC price will reach $500,000. The analyst argued that altcoins will also accompany the said rise cycle. The US CPI data will be announced on November 13. Expectations are that the CPI will be announced by 2.4 percent. Poppe thinks that BTC will make a small correction before the CPI data. The analyst made the following statements; “I expect a slight decrease since the CPI will be announced tomorrow. “A 10% correction is possible” According to Poppe, the market could gain momentum over the next 48 hours.
According to Polymarket, Bitcoin will reach $100,000 by the end of the year. According to decentralized prediction platform Polymarket, the probability of Bitcoin price reaching $100,000 within the year is 65 percent. Polygon-based decentralized prediction platform Polymarket has proven itself with its success in the US presidential elections. Polymarket, which provides much more consistent results compared to other surveys, has gained the trust of crypto users. With Bitcoin's sharp rise, other bets on the platform have started to attract attention. The most important of these is whether $BTC will reach $100,000 within the year. Polymarket, which has left its mark on the crypto sector with its consistent data in the US presidential elections, has come to the fore this time with predictions about Bitcoin. According to the platform, BTC has a 65 percent chance of reaching $100,000 in 2024. Bitcoin, which is traded at $89,500 as of the writing of the news, may reach $100,000 with positive data from spot ETFs or statements by Donald Trump. In this process, Polymarket users' bets will also play a critical role. The fact that Polymarket polls are shaped according to the bets made makes the predictions even more important. The effect of this situation was frequently seen in the US presidential elections. For example, Donald Trump's difference in the polls brought about sharp increases in Bitcoin. If the same scenario is seen in the BTC price during the year, we may witness a rapid increase. However, it is always necessary to be careful. The $ 100,000 level will be a difficult resistance level, especially from a psychological perspective. Testing this level will increase volatility. If weekly closings above $ 100,000 occur, the bull run will accelerate.