As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape. Currently trading at $3,321, ETH’s resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC). This recent downturn has tested ETH’s critical support level at $3,290, effectively preventing a decline toward the psychologically significant $3,000 barrier. Could Ethereum Reach $14,000 By March 2025? Crypto expert Crypto Rover has made headlines with his bold prediction that ETH is poised for an “explosion” in the first quarter (Q1) of 2025. His confidence is bolstered by historical trends observed in previous Bitcoin Halving years, particularly in 2017 and 2021, where ETH experienced substantial double-digit increases from January through March. In 2017, Ethereum recorded impressive monthly gains of 31.9% in January, 48% in February, and a staggering 214% in March. Similarly, in 2021, ETH saw significant gains of 78.5% in January, 8.4% in February, and 34.7% in March. Related Reading: Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report According to the expert’s analysis, these historical trends indicate that if Ethereum sustains its current price level for the rest of the year, it could experience a comparable path in 2025. Based on these historical figures and averages from the price increases between 2017 and 2021, it is possible that ETH might reach about $5,000 in January, around $6,400 in February, and by March, it could soar to $14,336 per token. Such increases would not only signify a recovery but also potentially triple Ethereum’s all-time high of $4,878 reached in November 2021. Beyond Ethereum, other altcoins such as XRP, Solana (SOL), Binance Coin (BNB), and even meme coins like Dogecoin (DOGE) are also expected to benefit from this market correction and consolidation. Crypto Rover has also cautioned altcoin holders, stating, “Now is the worst time to sell. Our portfolios still have the potential to do a 10x from here. The next three months are going to be incredible.” Key Support Levels For ETH’s Price In addition to these bullish predictions, analyst Gabriel Maur has weighed in on Ethereum’s current price action, emphasizing key support levels between $2,800 and $2,900. The analyst notes that the structure of support has transitioned into resistance, which, once broken, becomes a crucial support level. The upward trend indicated by the 55-period Exponential Moving Average (EMA) further supports the bullish sentiment. Related Reading: Bitcoin $90K Level Is Crucial For Bulls – Price Could Tag $79K If BTC Loses It As long as ETH remains above this critical support region on weekly closes, the probability of continued upward momentum stays in favor of buyers. Maur identifies imminent targets of $4,093 and $4,868 (the previous all-time high), suggesting that if ETH closes above its all-time high, it may enter a price discovery phase with Fibonacci extensions indicating further upside potential. Featured image from DALL-E, chart from TradingView.com
Trump Cyborg could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Cyborg (TRUMPCYB), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because TRUMPCYB is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Cyborg can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Cyborg could become the next viral memecoin. Trump Cyborg launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Cyborg on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Trump Cyborg by entering its contract address – 9yaNQ89EaQ2nEDczZpuTZfDwfiYCxbwSYC4JeiWLDE57 – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like TRUMPCYB. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
ViRTUAL surged significantly, despite the recent episode of whale profit-taking.
The post VolatilityShares Files For Futures-Based Solana ETFs appeared first on Coinpedia Fintech News Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem. VolatilityShares Filled For Solana Futures ETF According to Nate Geraci, president of The ETF Store VolatilityShares has recently proposed to launch a unique exchange-traded open-end index fund (ETF) based on Solana futures. As per the application, the proposed ETF will offer exposure to Solana futures with a variety of leverage options, including 1x, 2x, and -1x. VolatilityShares files for *futures-based* Solana ETFs… 1x, 2x, & -1x exposure. Something to watch as VolatilityShares pushed the SEC on ether futures ETFs. pic.twitter.com/lRs0XXMj5g — Nate Geraci (@NateGeraci) December 27, 2024 This diverse leverage structure is designed to cater to different risk appetites, enabling investors to potentially maximize their gains or hedge against market downturns. Solana ETF a Game-Changer? The proposed ETF will focus on Solana futures, trading exclusively on exchanges registered with the Commodity Futures Trading Commission (CFTC). This ensures a regulated and secure environment for investors, adding credibility to the crypto investment space. Solana, known for its lightning-fast transactions and low costs, has already captured the attention of the crypto community. If approved, this ETF could give investors a unique way to benefit from Solana’s growing ecosystem while catering to both risk-takers and cautious players. Volatility Shares Dual-Asset ETFs VolatilityShares is no stranger to innovation in the ETF market. The company previously introduced an innovative line of exchange-traded funds (ETFs) that offer 100% leveraged exposure to two assets at once. This unique “one-plus-one” model allows investors to combine major asset classes like cryptocurrencies, stock indices, and market volatility in a single portfolio. The new ETFs include options such as BTC+ETH, Nasdaq+ETH, S&P+BTC, S&P+ETH, S&P+Nasdaq, and S&P+VIX, bridging the gap between traditional markets and digital assets. This launch marks a bold step in simplifying diversified investments for modern investors.
El Salvador’s bitcoin reserve grows, strengthening its leadership in crypto adoption. Consistent Bitcoin purchases show El Salvador’s commitment to digital currency growth. The U.S. explores bitcoin policy, potentially following El Salvador’s reserve model. El Salvador is closing in on holding 6,000 bitcoins in its national reserve, strengthening its role as a global leader in cryptocurrency adoption. Since making Bitcoin legal tender in 2021, the country has steadily increased its holdings of the digital currency. Related: El Salvador Trades Bitcoin Freedom for $1.4B IMF Lifeline This landmark reflects El Salvador’s commitment to Bitcoin and its vision for a transformed financial future. With countries like the United States beginning to explore Bitcoin as a reserve asset, El Salvador’s pioneering stance is gaining global recognition. El Salvador is about to reach 6,000 bitcoins in reserve That milestone will reinforce the leadership the country has sustained since the inclusion of bitcoin policies in 2021. El Salvador is about to reach 6,000 bitcoins in the state's strategic reserve, positioning it as a… pic.twitter.com/6E5ebrGq6A — El … The post El Salvador Nears 6,000 Bitcoin in National Reserve Growth appeared first on Coin Edition .
The crypto market today is experiencing a cool-off period with the holiday season in full swing. Bitcoin (BTC) and Ethereum (ETH) have tumbled, with BTC falling below 95K and ETH now down to the 3300 range. It has been over a month since Bitcoin touched 94K, and it continues trading in a range between 94K and 108K. Top altcoins are showing bearish momentum, with most coins down by 1% to 5% over the last 24 hours. The overall market cap has also dropped by approximately 2%, now standing at 3.28 trillion. Trading volume has seen a significant decline of 34%, as many investors are in a holiday mood and enjoying the last days of 2024. Market activity is expected to pick up after the first week of January when trading volume will likely return to normal levels. The Fear and Greed Index is currently at 51, indicating a neutral sentiment in the market. Crypto Market Today: BTC, ETH, XRP, and SOL Prices Drop Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) have faced significant declines, mirroring the overall market downturn. The holiday season slowdown continues to impact trading volumes and prices. Bitcoin Market Today Bitcoin (BTC) price was trading at $94,327, down approximately 2% over the last 24 hours. Its 24-hour low and high were $93,440 and $97,429, respectively. Robert Kiyosaki has made a bold prediction , forecasting that Bitcoin will reach $350,000 by 2025 and urging investors to prioritize self-custody over institutional ETFs. According to SoSo Value , BTC ETFs saw an outflow of $367 million on Friday, with Fidelity accounting for $208 million of the outflow. Ark & 21Shares reported an outflow of $112 million, while data from BlackRock is still awaited. Ethereum Market Today Ethereum (ETH) price dropped by about 1%, now at $3,329, with a 24-hour low of $3,307 and a high of $3,441. The ETH ETF saw an inflow of $27 million yesterday, as Fidelity purchased $27 million worth of Ethereum. This shift in the crypto market today highlights the growing institutional interest in Ethereum. XRP Market Today XRP price was trading at $2.144 at the time of writing, down by approximately 2%. Its 24-hour low and high were $2.126 and $2.234, respectively. Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. Solana Market Today Solana (SOL) price was down by 2%, trading at $184. Its 24-hour low and high were $183 and $194, respectively. Coingape analysts reported the reason behind the Solana price dump . Meme Cryptocurrency Market Today Meme cryptocurrency market today is following the pattern of top altcoins. Dogecoin (DOGE) was down by 1%, trading at $0.3142, while Shiba Inu (SHIB) dropped by just half a percent in the last 24 hours. BONK, however, saw a 4% increase, with the “BURNmas” event contributing to the burn of over 1 trillion coins. Crypto Market Gainers Today Virtual Protocol Virtual Protocol (VIRTUAL) became the top gainer today, with its price jumping by 15% in the last 24 hours. Its 24-hour low and high were $3.05 and $3.58, respectively. Coingape analysts also reported the top cryptos to invest in for 2025. Bitget Token Bitget Token (BGB) price was up by 9% in the last 24 hours, trading at $8.36. The rise in price is mainly due to Bitget revealing plans for an $800 million token burn in the future. This development is affecting the crypto market today, driving positive momentum for Bitget Token. Crypto Market Losers Today FTX Token FTX Token (FTT) price was down by 16%, making it the worst-performing crypto in the last 24 hours. Its 24-hour low and high were $3.27 and $3.93, respectively. This decline reflects the challenges faced by FTX in the crypto market today. Zcash Zcash (ZEC) was down by 10%, trading at $61.72. Its 24-hour low and high were $61.61 and $68.92, respectively. This drop reflects the volatility in the crypto market today. Besides this, there has been no improvement in the hourly chart, and no major change in the price of top altcoins and Bitcoin in the last hour. Most likely, we will see significant price changes in the crypto market today next week, once the holiday period is over. The post Crypto Market Today Dec 28: Bitcoin and ETH Tumbles, Altcoins Mixed appeared first on CoinGape .
The cryptocurrency world is buzzing louder than a bee hive, especially with meme coins making headlines again. Just last month, Bonk caught everyone’s eye with its explosive surge, but it seems there’s a new player in town that’s stealing the show. BTFD Coin (BTFD), with its presale performance skyrocketing past $4.6 million and growing, is breaking records like it’s smashing piñatas. If you thought meme coins like Dogecoin and Shiba Inu had their moment, think again. BTFD Coin is proving that the best meme coins with 1000X potential aren’t a thing of the past—they’re just getting started. Over the years, meme coins have gone from a joke to some of the most lucrative investments in the crypto world. They’ve built communities, inspired memes, and, yes, created millionaires overnight. But here’s the kicker: BTFD Coin isn’t just another meme coin riding the hype wave. It’s shaking things up with a killer play-to-earn (P2E) game , a robust referral programme, juicy staking rewards, and a tight-knit community that’s growing faster than you can say “HODL.” It’s not just riding the meme coin trend; it’s redefining it. So, what’s the scoop on Bonk and BTFD Coin? Why is BTFD dominating headlines, and what makes it the hottest presale of the year? Let’s dive into this ultimate showdown of the best meme coins with 1000X potential and find out why BTFD Coin’s presale is your golden ticket to the next crypto bull run. Bonk: The Viral Star That Keeps People Talking When Bonk burst onto the scene, it felt like the early days of Dogecoin all over again. As the first Solana-based meme coin to go mainstream, Bonk gained traction thanks to its loyal community and unique decentralised approach. It was fun, quirky, and completely on-brand for what people expect from meme coins. Its interactive “pop-to-click” feature drew thousands to its ecosystem, making it a viral sensation practically overnight. But here’s the thing—as fun as Bonk is, its utility is limited. It’s like a firework show that dazzles the crowd but fades fast. After peaking at $2 earlier this year, it’s now trading at around $0.7, a sharp reminder of how volatile these coins can be. Analysts predict that Bonk could recover if Bitcoin rallies, potentially reaching $3 or $4 next year. But without significant updates or additional use cases, it’s walking a tightrope. Despite its shortcomings, Bonk still holds a spot in the hearts of meme coin enthusiasts. It’s nostalgic and taps into that community-driven ethos that made Dogecoin a legend. However, when you’ve got a coin like BTFD that’s smashing presale records, Bonk starts to look a little like yesterday’s news. Could Bonk reinvent itself and climb back up the charts? Sure. But for now, it’s more of a gamble than a strategic play. BTFD Coin: The New King of Meme Coins If Bonk is the cool kid everyone wants to be friends with, BTFD Coin is the overachiever breaking every record in the book. BTFD Coin has raised over $4.6 million in its presale, with 60 billion coins sold and 6,900 holders already in the mix. That’s not just impressive; it’s jaw-dropping. And the cherry on top? You can unlock 50% extra coins using the code BIG50. Seriously, who does that? But let’s not stop at the numbers. BTFD Coin has real utility, something that sets it apart from the pack. Its P2E game isn’t just a gimmick; it’s a full-blown ecosystem where players can earn while having a blast. The referral programme sweetens the deal, giving users a reason to spread the word and grow the community. Add staking rewards into the mix, and you’ve got a meme coin that’s not just for laughs but for long-term gains. Let’s break it down with an example. Imagine you’ve got $25,000 burning a hole in your pocket. At Stage 13, with a price of $0.000142 per BTFD Coin, you’d snag 176,056,338 coins. Now, hold onto your hat: when the presale price hits $0.0006, your investment will balloon to $105,633. Yeah, you read that right. That’s more than four times your initial investment. Talk about a glow-up. And we haven’t even talked about the community yet. BTFD’s following is growing faster than a TikTok trend, with over 6,900 bulls rallying behind it. This isn’t just hype; it’s a movement. Analysts are already predicting that BTFD could become the poster child for the next crypto bull run, and honestly, it’s hard to argue with that. Why BTFD Coin Is the Smart Play Right Now When you stack BTFD Coin against Bonk, it’s like comparing a Tesla to a tricycle. Bonk has its charm, sure, but BTFD is the complete package. It’s got utility, it’s got community, and most importantly, it’s got potential. The best meme coins with 1000X potential aren’t just about riding a wave; they’re about building something that lasts. And that’s exactly what BTFD Coin is doing. With its presale already past $4.6 million and a total of 16 stages, the opportunities here are as juicy as a summer barbecue. The BIG50 code gives you 50% extra coins, making this one of the most generous presale offers on the market. If you’re looking for a meme coin that’s more than just a pretty face, BTFD is it. How to Buy BTFD Coin with the Bonus Code: The Easy Guide You’re ready to pull the trigger, right? Here’s how to buy more BTFD tokens in simple steps: Visit the Presale Page and prepare to make history. Connect Your Wallet: Link your wallet to the site (MetaMask, Trust Wallet, etc.) so you can get started. Use the Bonus Code: In the “Bonus Code” section, type in BIG50 and hit apply. That’s going to unlock the magic offer for you. Enter Your Investment Amount: Decide how many $BTFD tokens you want to buy, check the discounted price, and get ready for the ride. Complete the Purchase: Confirm your transaction and bam—you’re in! Now just sit back and watch your investment grow. Conclusion Based on our research and market trends, BTFD Coin is the clear winner in the meme coin arena right now. Its presale performance, innovative features, and growing community make it the best bet for anyone looking to ride the next wave of crypto success. Don’t wait around while others cash in. Join the BTFD Coin presale now and unlock the future of meme coins. Use code BIG50 to maximise your investment today! Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Bonk Is Big, but Nothing Beats BTFD Coin’s 50% Bonus Opportunity! appeared first on TheCoinrise.com .
John Deaton criticizes the new IRS crypto tax reporting regulations. The rules impose unfair requirements on decentralized finance platforms. Continue Reading: John Deaton Criticizes New Cryptocurrency Tax Reporting Rule The post John Deaton Criticizes New Cryptocurrency Tax Reporting Rule appeared first on COINTURK NEWS .
Global liquidity drives crypto price movements, impacting assets like XRP and Dogecoin. The “Banana Zone” indicates liquidity phases that signal potential market surges. Ethereum’s breakout is likely as altcoins outperform Bitcoin in favorable cycles. Analyst Raoul Pal shared his insights on XRP and Dogecoin in a YouTube video , highlighting their potential in the current cryptocurrency market. Pal emphasized the importance of understanding market trends and taking a long-term investment approach. Global Liquidity Drives the Market Global liquidity plays a vital role in driving crypto prices. Assets such as Bitcoin and Ethereum often set market trends. However, XRP and Dogecoin have distinctive paths, showing their potential to outperform during specific cycles. Related: XRP Jumps Over $1 After 113% Rally, Overtakes Dogecoin to Reclaim Sixth Spot For example, Dogecoin has outperformed Bitcoin by 500% since 2013, showing its potential to surprise investors. This pattern highlights the importance of understanding liquidity-driven phases, often called the “Banana Zone.” The “Banana Zone” and Market Patterns The “Banana Zone” is a concept h… The post XRP and Dogecoin: Insights into Market Behavior appeared first on Coin Edition .
Victoria, Seychelles, December 28th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company has announced the introduction of PoolX , an advanced lock-to-get airdrop platform designed to provide users with hourly token rewards. PoolX allows participants to lock specific coins and earn popular token airdrops based on their contributions to designated pools. The latest PoolX activity enables users to lock Bitcoin (BTC) and Ethereum (ETH) to receive BGB token airdrops. This activity, running from December 27, 2024, 10:00 UTC, to December 31, 2024, 10:00 UTC, features a total reward pool of 15,000 BGB tokens. Token distribution is calculated hourly based on the proportion of an individual’s locked amount relative to the total locked amount in the pool. The BTC locking pool offers a total of 7,500 BGB for distribution, with a minimum locking amount of 0.0001 BTC and a maximum of 2 BTC. Similarly, the ETH locking pool provides 7,500 BGB in rewards, with a minimum locking amount of 0.002 ETH and a maximum of 15 ETH. Users’ individual rewards are determined by their locked amount in relation to the total locked amount in each pool. Participants must complete identity verification to be eligible. Sub-accounts, institutional users, and market makers are not permitted to join this promotion. Bitget reserves the right to disqualify users who engage in fraudulent activities or violate the promotion's terms and conditions. The company may revise or cancel the promotion at its sole discretion and without prior notice. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA , in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to the Terms of Use . Contact Public Relations Media Bitget media@bitget.com