Bitcoin’s recent trading patterns reveal a complex narrative, with price fluctuations keeping it at 13.5% below the critical $110,000 resistance level. While traders remain hopeful for a breakout, historical correlations
Bitcoin’s recent struggle to breach $102,734 has raised concerns among investors, potentially leading to a downturn toward $81,500. The cryptocurrency, which recently peaked at $108,365, has declined by 15% within
Bitcoin’s failure to break through a critical resistance level has heightened the risk of a potential decline toward $81,500.
Binance supports the Optimism network upgrade and hard fork scheduled for January 2025. Deposit and withdrawal operations will temporarily pause during the upgrade. Continue Reading: Binance Announces Support for Optimism Network Upgrade and Hard Fork The post Binance Announces Support for Optimism Network Upgrade and Hard Fork appeared first on COINTURK NEWS .
Hoppy the Frog has emerged as more than just a meme coin—it’s a movement celebrating creativity, community, memes, and art. Hoppy is an anthropomorphic frog character based on the famous comic book «The Night Riders», published in 2012 by artist and illustrator Matt Furie. Today, this is one of the few characters of Matt Furiethat can truly be considered unique. Hoppy has made its mark as a crypto project with artistic roots and big ambitions. Now, in an exciting collaboration with Wild Paint House, a premier art studio in Dubai, Hoppy is taking another leap to inspire the next generation of creators. This one-of-a-kind event is scheduled for January 2025, promising to kick off the year with creativity and fun. As part of its mission to blend art and community, Hoppy the Frog has partnered with Wild Paint House in Dubai to launch a unique initiative for children and families. Together, they are offering a limited edition of 3D Hoppy models, designed for kids to paint and enjoy. This collaboration brings the playful and imaginative spirit of Hoppy into the hands of young artists, encouraging creativity and hands-on engagement. Each 3D Hoppy model reflects the character’s iconic design, allowing children to explore their artistic potential while forming a deeper connection with the Hoppy community. This initiative is not only about painting—it’s about fostering a love for creativity, building bonds, and introducing the world of Hoppy in an accessible and meaningful way. About Wild Paint House Wild Paint House is one of Dubai’s most vibrant and innovative art spaces, dedicated to providing a platform for creativity and self-expression. Located in the heart of Dubai, Wild Paint House offers workshops, events, and experiences for artists of all ages and skill levels. Known for its family-friendly environment, the studio is a haven for art enthusiasts looking to explore unique projects, from canvas painting to sculptural art. Its mission is to ignite the imagination of every visitor, empowering them to create and connect through art. With its welcoming atmosphere and emphasis on creativity, Wild Paint House is the perfect partner for Hoppy’s latest venture. Bridging Crypto and Creativity This collaboration marks another step in Hoppy the Frog’s journey to merge art and blockchain. Drawing from its roots in The Night Riders, Hoppy continues to honor its artistic heritage by creating opportunities for people to engage with its world beyond the digital space. Through initiatives like this, Hoppy showcases its commitment to making cryptocurrency more than just an investment—it’s about building experiences that connect people, foster creativity, and make the crypto world accessible to everyone, including the youngest of enthusiasts. To know more about HOPPY, please visit: https://hoppy.vip X: https://x.com/hoppy?s=21&t=qUyd904wxQeF4-CP_DeGMQ To know more about Wild Paint House, please visit: https://www.wildpainthouse.com/home Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Dubai, United Arab Emirates, December 27th, 2024, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, hosted an exclusive meetup in Almaty, Kazakhstan, following its monumental achievement of securing a full license from the Astana Financial Services Authority (AFSA) in September. This event showcased Bybit’s dedication to empowering local crypto communities and revealed updates and developments for the region. The exclusive gathering brought together Bybit Kazakhstan users, industry leaders, and key stakeholders to celebrate the launch of Bybit Kazakhstan and underscore Bybit’s commitment to fostering the growth of the cryptocurrency ecosystem in Kazakhstan. Attendees were treated to the keynote speech by Bybit’s Chief Operating Officer, Helen Liu, who shared her vision for Bybit’s future in Kazakhstan. The event featured dynamic presentations by the team, spotlighting Bybit KZ’s innovative products and the features of the Bybit KZ platform , offering users in the region access to a diverse selection of cryptocurrencies, and advanced trading tools. The team also unveiled a special campaign tailored exclusively for Bybit’s VIP users in Kazakhstan. “The launch of Bybit Kazakhstan is a key milestone for us and our users in the region,” said Helen Liu, Chief Operating Officer of Bybit. “The incredible energy and support we’ve witnessed here are truly humbling. As we look toward 2025, our users can expect more innovations and unparalleled opportunities bought by Bybit. Together, we’re shaping the future of finance and creating a dynamic crypto and Web3 ecosystem.” With its full license from AFSA, Bybit Kazakhstan is now ready to offer an extensive suite of services, including spot and derivatives trading, margin trading, crypto loans, and custody services. These solutions are designed to empower users in Kazakhstan and the broader Commonwealth of Independent States (CIS) region, providing them with secure, reliable, and cutting-edge tools to excel in the ever-evolving digital asset landscape. Caption: From right to left: Helen Liu, Chief Operating Officer of Bybit and Michelle Daura, Head of Wealth Business Unit, Bybit. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Contact Head of PR Tony Au Bybit tony.au@bybit.com
Ethereum rallies with $1.5b inflows into BlackRock's ETF, sparking optimism for altcoins and a potential 2025 market surge. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum rallies with $1.5b inflows into BlackRock’s ETF, sparking optimism for altcoins and a potential 2025 market surge. Table of Contents BlackRock spot Ethereum ETF hits record $1.5b inflows in 16 days. Ethereum set for a new year rally: Is $4,500 within reach? Can top altcoins follow Ethereum’s suit? Conclusion The market is down, but institutional inflow hasn’t fizzled one bit. This month, Ethereum is making a serious wave, as BlackRock’s Ethereum ETF has recorded a staggering $1.5b in inflow since November. The 16-day streak has revitalized market sentiment, with analysts looking forward to a major New Year’s rally for top altcoins. With technical indicators aligning and institutional adoption accelerating, could 2025 mark the start of a monumental turn for Ethereum and other altcoins? Let’s find out. BlackRock spot Ethereum ETF hits record $1.5b inflows in 16 days. The Ethereum market has entered a new era of optimism. BlackRock’s spot Ethereum ETF has set the pace for an extraordinary resurgence after recording a staggering 16-day streak culminating in a jaw-dropping $1.5 billion since November 20. This momentum builds on its $1.7b haul since launching in July, showcasing investor appetite for Ethereum. Ethereum’s post-election rally and the renewed interest in blockchain innovation have revitalized investor sentiment. Notably, Ethereum’s price surged past $4,000 following these record inflows. In fact, BlackRock’s U.S. head of thematic ETFs, Jay Jacobs, thinks the inflow is merely the “tip of the iceberg.” Ethereum set for a new year rally: Is $4,500 within reach? \With Ethereum’s price holding firm above $3,400, the market is buzzing with speculation of a New Year rally that could send ETH soaring by 30%. Over the weekend, Ethereum saw significant buying pressure as investors rotated from Bitcoin. This shift, paired with Ethereum staking inflows of 59k ETH and net outflows from exchanges of 130k ETH, signals bullish sentiment. Some analysts believe Ethereum could mirror its performance from early 2021, echoing previous market cycles. If the current trend persists, this top altcoin could challenge its yearly high of $4,093 and possibly breach its 2021 all-time high of $4,800. Can top altcoins follow Ethereum’s suit? The spotlight on Ethereum’s rally is reigniting interest in top altcoins. Projects like Remittix capture investors’ imagination with its huge potential and unique PayFi solution. Remittix is a crypto-to-fiat cross-border remittance network that bridges crypto with local payment networks globally. What sets Remittix apart is its versatility, it facilitates individual transactions and enables crypto enterprises to handle invoices, salaries, and merchant payments. This level of functionality marks a significant step forward in crypto adoption, particularly in emerging markets where traditional payment systems often face limitations. As Ethereum continues to advance with institutional support and use cases, it raises a critical question: Will projects like Remittix and other top altcoins ride the wave to new highs in 2025? Its ongoing presale is all the proof investors need. The presale accrued close to $500k in mere days, and price is still at just $0.0156. Conclusion Ethereum’s record-breaking inflows through BlackRock’s spot Ethereum ETF signal a powerful shift in market dynamics. As ETH pushes past key resistance levels, a new all-time high could be within reach. Meanwhile, top altcoins like Remittix are capturing attention with smart use cases and rapid presale momentum, hinting at a broader market resurgence. With 2025 on the horizon, the crypto landscape is primed for explosive growth, making now a pivotal moment for investors to watch closely. To learn more about Remittix, visit the website and socials . Read more: 3 altcoins set to dominate gains in 2025: Cardano, Remittix, Chainlink Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Pi Network Price has recently experienced a downward trend, dropping 10% in the last 7 days amidst broader market downturns. After a steep climb in November, the PI is now correcting, reverting to the bearish trends that have also seen BTC trade at around $95k. This correction aligns with the volatile nature of crypto markets, suggesting a potential further drop before any rebound to the $100 mark. Is Pi Network Price Set for a 30% Drop Before Reaching $100? After experiencing a 12% rise over the last month, the Pi Network could be heading for a downturn, similar to trends seen in other cryptocurrencies. Even though Pi hit its record high of $330.65 on the 30th of December 2022, it has fallen by 85.51%. The current market trends suggest a 30% downside which would place Pi’s value at $33. Conversely, a market recovery could propel it toward a $50 resistance level. This forecast aligns with movements in major crypto markets like Bitcoin, which has recently approached the $95,000 threshold. Ethereum, Solana, and XRP have also experienced declines, further indicating a broader market correction. The Pi price is currently at $48.11, with a 2% decrease in the past day. The price of the Pi Network has been very volatile in its short existence. The last trading sessions have depicted a negative trend in the chart. It has anchored in the region of crucial demand levels at $36.87 and $33.14. Previous surges to activity were key at one point pushing the price to $100 which is a psychological point. Technical indicators on the 4-hour chart shows depict a mixed sentiment. The RSI hovers near the 50 mark, suggesting a neutral momentum. Meanwhile, the MACD presents a slight bearish crossover, implying potential downward pressure. Pi Network Price Chart Pi Network Price Gears Up for 2025 Launch As the Pi Network is set to launch on the Open Network, especially in Q1 2025, many people are talking about KYC verification as a critical process. This process is crucial for pioneers wishing to fully engage with the Mainnet. Ensuring a seamless transition to the Open Network involves getting many users KYC-verified. This verification enables pioneers to actively participate using their Pi tokens once the network is operational. The focus is on bridging the gap between users approved through KYC and those who have transitioned to the Mainnet. This strategic preparation might influence the market’s recovery as the launch approaches. Why do we need to reduce the gap between the number of KYC’d and Mainnet migrated Pioneers? Because we want to include as many of them as possible in the Open Network! pic.twitter.com/KFRedhfISa — Pi Network (@PiCoreTeam) December 27, 2024 Pi Network price risks a 30% drop due to market fluctuations and preparation for its launch in 2025. Strategic changes and know your customer approach can greatly influence its comeback and future growth. The post Pi Network Price Could Crash 30% Before Revisiting $100 appeared first on CoinGape .
Dubai, United Arab Emirates, December 27th, 2024, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, hosted an exclusive meetup in Almaty, Kazakhstan, following its monumental achievement of securing a full license from the Astana Financial Services Authority (AFSA) in September. This event showcased Bybit’s dedication to empowering local crypto communities and revealed updates and developments for the region. The exclusive gathering brought together Bybit Kazakhstan users, industry leaders, and key stakeholders to celebrate the launch of Bybit Kazakhstan and underscore Bybit's commitment to fostering the growth of the cryptocurrency ecosystem in Kazakhstan. Attendees were treated to the keynote speech by Bybit’s Chief Operating Officer, Helen Liu, who shared her vision for Bybit’s future in Kazakhstan. The event featured dynamic presentations by the team, spotlighting Bybit KZ’s innovative products and the features of the Bybit KZ platform , offering users in the region access to a diverse selection of cryptocurrencies, and advanced trading tools. The team also unveiled a special campaign tailored exclusively for Bybit’s VIP users in Kazakhstan. “The launch of Bybit Kazakhstan is a key milestone for us and our users in the region,” said Helen Liu, Chief Operating Officer of Bybit. “The incredible energy and support we’ve witnessed here are truly humbling. As we look toward 2025, our users can expect more innovations and unparalleled opportunities bought by Bybit. Together, we’re shaping the future of finance and creating a dynamic crypto and Web3 ecosystem.” With its full license from AFSA, Bybit Kazakhstan is now ready to offer an extensive suite of services, including spot and derivatives trading, margin trading, crypto loans, and custody services. These solutions are designed to empower users in Kazakhstan and the broader Commonwealth of Independent States (CIS) region, providing them with secure, reliable, and cutting-edge tools to excel in the ever-evolving digital asset landscape. Caption: From right to left: Helen Liu, Chief Operating Officer of Bybit and Michelle Daura, Head of Wealth Business Unit, Bybit. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media ContactHead of PRTony AuBybittony.au@bybit.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.