SEC Office of Market Oversight, Division of Trading and Markets; On December 19, he held a meeting with Grayscale officials regarding the spot Bitcoin ETF.$BTC
#Celestia(#TIA), which renewed its ATH two days ago and approached the 15 dollar band, then caused panic with its sharp decline.
TIA, which made a new ATH by dropping a needle to $ 14.88 in December, could not make a dent in the retreat in the market. The popular coin, which almost melted as BTC weakened towards $ 40,000, lost more than 25 percent in value in the last two days. TIA, which has been on the agenda since its listing on the stock exchange, is now struggling with sales pressure. In addition, it ranked first on the "Top Losers" list with a decrease of 15.88 percent in the last 24 hours.
So, could TIA reverse course again? What is the latest situation on the technical side for TIA?
TIA, which started its downward trend after making ATH, received the main blow from BTC. TIA, which was among the best performing cryptocurrencies during BTC's upward trend, almost collapsed with the reversal of the needle. The popular coin, which dropped from $ 14.88 to $ 10.95, lost a total of 26.46 percent in value.
Reacting slightly below the minor support level, $TIA can target the upper levels as long as it manages to maintain $11.4861 as support. In this process, BTC's price structure, BTC dominance and industry news will be of critical importance. Resistance points to consider for TIA are $11.9871 – $12.70 – $13.10 – $13.94 – $14.40 and $14.88 respectively. Support levels are 11.48 – 11.09 – 10.48 – 9.82 and 9.51 dollars respectively.
“If You Want to Be Rich, Do Not Sell These Altcoins!”
If you love making money, promise yourself that you will not trade buy or sell this cycle.
1.#Dogecoin($DOGE): Beyond Meme, A Growing Investment Interest. Its future price will likely be influenced by broader market trends and its evolving role beyond the meme coin.
2#Pepeis a meme coin designed with a deflationary mechanism that burns tokens per transaction. $PEPE means the supply of the token will decrease and its value will likely increase.
3.#FLOKI is poised to move beyond the meme coin narrative with practical applications including decentralized finance and an NFT metaverse. $FLOKI
4.#ApeCoinserves as a utility and governance token for the $APE ecosystem associated with Bored Ape Yacht Club.
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Sales of non-fungible tokens (NFTs) increased by 52.81% last week, reaching a total of $503.35 million.#Bitcoinemerged as the leader in this week's#NFTmarket, racking up $276.79 million in sales, surpassing previously top-ranked #Ethereum's $99.67 million.
Bitcoin Outperforms Ethereum Once Again in the Emerging NFT Market
Total NFT sales this week amounted to $503.35 million, with Bitcoin accounting for more than half of that figure, with $276.79 million representing 54.98% of the week's total.
FTX's revised restructuring plan: values crypto claims in bankruptcy #FTXdebtors today filed their amended Chapter 11 Plan of Reorganization, which includes a provision treating cryptocurrency claims as cash values when filing for bankruptcy on November 11, 2022. The prices of most cryptocurrencies have recovered since the crash; Bitcoin's price was around $17,000 at the time and is currently trading above $42,000.
FTX Debtors estate managed by CEO John Ray III and Sullivan & attorneys. Cromwell filed its amended Chapter 11 reorganization plan today, laying out exactly how the bankruptcy claims in the case will be handled.
It is noteworthy that the plan includes a provision to evaluate the rights of plaintiffs. $FTT
Can the BONK Price, which has skyrocketed over 100 percent in the last 24 hours, really reach $1?
$BONK has skyrocketed, rising over 100% in the last 24 hours. Here is the reason for this rise.
BONK, the most trending meme coin on the market, has experienced a significant 116% increase in its market value in the last 24 hours, and this seems to be mainly due to its listing on Coinbase.
According to CoinMarketCap data, meme coin, which was previously ranked 69th, rose to 43rd place with its latest upward move.
Another factor contributing to the token's remarkable price performance is the ongoing frenzy surrounding meme coins. Notable assets of this nature, such as#Dogecoin($DOGE) and#ShibaInu ($SHIB ), have shown positive monthly gains, although not as significant as those observed in the meme coin.
Finally, the success of the meme coin can be attributed to its relationship with#Solana($SOL ). Solana has emerged as one of the best-performing coins on the market this year, recording a significant price increase of 650% since January 1. However, many experts in the market warned about the possible change in sentiment and warned not to get caught up in FOMO.
If buyers sustain the rally, SOL/USDT is likely to bounce towards the $100 psychological breakout. Rising moving averages signal an advantage to the bulls, but a negative divergence in the RSI indicates that the bullish momentum may move downwards.
The most important support to watch on the downside is the 20-day EMA. A breakout and close below the 20-day EMA could cause many short-term traders to stop out. This could initiate a pullback to the 50-day SMA ($55).
Ripple chief legal officer Stuart Alderoty stated that the case between Ripple and the SEC will be resolved in 2024.
The cryptocurrency market is moving step by step towards 2024 with great expectations. In particular, the possibility that Bitcoin spot ETFs will be approved in 2024 has ignited the bull market.
The past year 2023 was filled with the heat of the Ripple and SEC case. Although Ripple came forward against the SEC many times, it could not come to the stage of winning the case. All eyes are on the outcome of the case and the future of XRP. Ripple chief legal officer Stuart Alderoty seems confident that the case will be resolved in 2024.#avest#RippleSEC#ripple$XRP
Chainlink transferred non-circulating LINK to Binance! #chainlink #analiz #Trader $LINK Chainlink transferred non-circulating LINK to Binance! The Chainlink team increased the circulating supply by transferring $162 million of uncirculated LINK to Binance.
11.25 million LINK worth $162 million transferred by the Chainlink team to #Binance created controversy in the crypto community by increasing the circulation supply. While it was stated that this transfer was made to accelerate Web3 initiatives and support development efforts, various opinions emerged among LINK investors regarding the distribution rate. Many LINK investors found the distribution rate high.