Bitcoin is facing challenges in maintaining upward momentum, with market sentiments suggesting upcoming turbulence amidst key support levels. This week’s analysis shows Bitcoin’s price volatility, with concerns about potential corrections
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
President-elect Donald Trump could issue an executive order pertaining to the crypto sector on his first day in office following his presidential inauguration on January 20, Reuters reported Monday. Will Donald Trump Deliver On Crypto Executive Order? According to the December 23 article , two unnamed sources with knowledge of the situation confirmed to the media outlet that at least one executive order such as creating a bitcoin stockpile, developing a crypto council, or protected access to digital asset banking services may come that same day. “There has been an effort in the Washing bureaucratic swamp to stifle innovation,” Brian Hughes, a political operative spearheading the New York-born businessman’s transition team, told Reuters in a statement, “but President Trump will deliver on his promise to encourage American leadership in crypto.” Trump, who most recently launched his family’s crypto platform World Liberty Financial, has long vowed to enact crypto-friendly regulations when he returns to the Oval Office. “We will have regulations,” Trump stated at the Bitcoin 2024 Conference this past summer, adding, “but from now on, the rules will be written by the people who love your industry, not hate your industry.” Trump Vows Digital Asset Friendly Approach To Crypto Sector The former reality television star’s promise to be a crypto-friendly president has been largely embraced by the digital asset community following years of the United States Securities and Exchange Commission’s (SEC) regulation-by-enforcement approach to digital assets. In the leadup to the 2024 U.S. presidential election, Trump vowed to fire SEC chair Gary Gensler who announced his resignation from the government agency last month. The controversial regulator doled out several high-profile lawsuits against key players in the crypto industry in recent years, including Kraken, Binance and Terraform Labs since his appointment in 2021. The Biden-approved chair is slated to be replaced by Patomak Global Partners CEO and former SEC Commissioner Paul Atkins. SCOOP: Trump Taps Paul Atkins for Next SEC Chair, Making Good on His Crypto Promises Atkins has been vocal in his support of the industry and was the first libertarian to serve as an SEC commissioner under President George W. Bush. by @vronirwin (link in next tweet) pic.twitter.com/moGtJGqbhb — Laura Shin (@laurashin) December 3, 2024 Atkins, whose clients include those in the digital asset sector , is likely to be more friendly to cryptocurrencies than his predecessor and is reportedly keen on deregulation as a whole. “Paul is a proven leader for common sense regulations,” Trump said in a recent Truth Social post. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of investors, and that provide capital to make our economy the best in the world.” However, whether or not Trump will take immediate action by issuing a crypto-related executive order himself remains to be seen. The post Trump Could Deliver Crypto Executive Order On Day 1: Reuters appeared first on Cryptonews .
Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted valuations (FDVs) below $20 million dominated the leaderboard, with assets like Shoggoth (SHOGGOTH), Frodo the Virtual Samurai (FROG), Bob (BOB), Terminus (TERMINUS), and Numogram (GNON) all achieving gains of more than 100%. Shoggoth, a Solana-based meme coin that is part of the AI agent sector, took the top spot, skyrocketing 134.66% since its launch on the platform on December 20. Two other meme coins, FROG and BOB, followed with gains of 123.19% and 122.08%, respectively, although FROG has enjoyed an extra day of listing, having been launched on December 19. Other notable performers included Solana AI agent GNON, whose value went up 104.93%, and Ethereum-based meme coin Terminus, which jumped 104.15%. Among larger capped coins, the decentralized finance (DeFi) project Odos (ODOS), with a listing FDV of $193 million, recorded the best performance, gaining 65.88% over the weekend. It was followed at 54.77% by another Solana meme coin, Luce (LUCE), and AICell (AICELL), an AI token on the Binance Smart Chain (BSC), whose worth increased by 32.10%. On the flip side, Apx (APX) and Griffain (GRIFFAIN), respectively boasting FDVs of $708.73 million and $242.64 million, suffered the steepest declines. The former blew 28.12% of its value, while the latter followed closely with a 25.41% drop. A couple of popular Solana tokens, ai16z (AI16Z) and Fartcoin (FARTCOIN), also performed poorly, losing 18.53% and 16.38% in that order. Fartcoin, which last week hit a new all-time high (ATH), initially had the biggest FDV of all the tokens listed on Binance Alpha at $862.63 million, with ai16z second at just under $800 million. However, the weekend dips mean they are currently worth $721.36 million and $651 million respectively. Diverse Performances Across Chains and Sectors The 29 tokens were distributed across four public blockchains: BSC, Solana, Ethereum, and Base. Per Sankin’s findings, BSC dominated the listings, accounting for more than 41% of all the assets, while Solana followed with 27.6%. Ethereum and Base split the remaining 31% of listings between them, with the former claiming 17.2% of the projects and Base accounting for 13.8%. The performance also varied significantly by sector. Most of those labeled as AI agents emerged as the top category, representing 31% of the listings, with DeFi and meme tokens tied for second at 27.6% apiece. The remaining 13.8% consisted of smaller categories like decentralized science (DeSci) and decentralized autonomous organizations (DAOs), represented by tokens like Rifampicin ($RIF) and Koge (KOGE). The post Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline appeared first on CryptoPotato .
Apollo Management dropped its 2025 market risk report , and it’s not looking pretty. Fed rate hikes are back on the table, Trump is ready to slap tariffs on half the world, and China’s economy might finally cave under the weight of its deflation crisis. If this plays out, 2025 won’t just be volatile, it’ll be a financial minefield. Trump’s potential tariffs lead the charge. Apollo gives them a 90% chance of happening. The targets? Everyone. Canada and Mexico could see 25% slapped on their exports. BRICS countries like China, Brazil, Russia, and South Africa might face up to 100% tariffs. Apollo says these tariffs could knock 1.7% off U.S. GDP, but tax cuts are expected to offset the hit with a 2.4% boost. Nvidia’s bubble, inflation’s comeback, and the Fed’s dilemma Nvidia, the darling of the AI boom, might crash back to Earth. Apollo warns there’s a 90% chance the company’s earnings will miss Wall Street’s sky-high expectations. After driving 20% of the S&P 500’s gains in 2024, Nvidia’s shine is fading. Even hitting targets in Q3 didn’t trigger a rally, and 2025 looks even tougher. Apollo isn’t optimistic. Inflation is the other big story. It’s clawing back into the spotlight after months of cooling. Apollo sees a 40% chance that inflation will heat up in Q1 2025. Core CPI’s annualized 3-month rate is already above 3.5%. CPI, PCE, and PPI are all climbing. The Fed has noticed. It’s trimmed its rate cut forecast for 2025 from three to just two, totaling 50 basis points. Apollo believes rate hikes are back on the table with a 40% probability. This would hit crypto and stock markets alike, igniting new volatility. The Fed might also abandon its beloved r-star framework, according to Apollo. The real neutral interest rate, which balances economic growth and inflation, has been a guiding star for years. Apollo assigns a 70% chance the Fed pivots away from it in 2025, showing uncertainty about their long-term strategy. China’s economic nightmare and America’s resilience China’s economy is circling the drain. Apollo sees a 40% chance the country enters a full-blown recession. It’s not hard to see why. Deflation has gripped the economy for five straight quarters—the worst streak since 1999. Stimulus measures? Useless so far. The property sector, a cornerstone of China’s growth, is crumbling. If Beijing can’t stabilize things, the global economy will be caught in the disaster. The U.S., on the other hand, is flexing its muscles. Apollo gives a 0% chance of a U.S. recession in 2025. GDP growth ended 2024 at 2.8% and is expected to hold at 2.3% next year. Inflation remains above the Fed’s 2% target but isn’t spiraling out of control. Employment numbers are strong too. November saw 227,000 new jobs added, bouncing back from October’s hurricane disruptions. The unemployment rate is expected to tick up slightly to 4.4% by the end of 2025, but the labor market remains resilient. Corporate America is cashing in on the AI boom. Companies are pouring money into AI infrastructure, chips, and intellectual property. Bankruptcies and defaults are down, thanks to low-interest rates locked in during earlier Fed cycles. Trump’s comeback and geopolitical chaos Trump’s policies are expected to shake up everything. Apollo warns his agenda—lower taxes, higher tariffs, and stricter immigration rules—could fuel inflation, strengthen the dollar, and send markets into a tailspin. Geopolitical risks add another to the uncertainty. The wars in Ukraine and the Middle East show no signs of resolution. Rising U.S.-China tensions could spill over into global trade. Apollo notes that the federal deficit, currently at 6% of GDP, leaves little room for error. Long-term interest rates might stay high for years, complicating the fiscal outlook even more. Debt is another problem. The U.S. government’s spending spree, from the CHIPS Act to the Inflation Reduction Act, has fueled growth but also boosted the deficit. Apollo cautions that a rushed Fed pivot could reignite inflation, undermining years of progress. Markets are pricing in a 25% chance of a U.S. recession in 2025, but that number could rise if policymakers miscalculate. The 10-year yield and consumer resilience The U.S. 10-year Treasury note yield is a wildcard. Apollo predicts a 40% chance it will climb above 5% by mid-2025. This would be a nightmare for bond markets and could trigger broader sell-offs. The yield has already jumped 100 basis points since the Fed began pivoting in 2024. Another spike would hit equities, real estate, and crypto markets hard. Consumers, however, are holding steady—for now. Spending grew 3.7% in Q3, and confidence is high. The Consumer Confidence Index hit 111.7 in November, with short-term expectations also rising. Apollo expects spending to moderate in 2025, dropping to 2% growth, but this resilience has been a key driver of the economy’s strength. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
The US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump’s administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens. 5 Tokens That Could 20x After A Solana ETF Bloomberg analysts recently suggested that a Solana ETF could launch at some point next year, although the exact timing remains uncertain due to some complex legal issues. Ahead of this potential launch, these are 5 tokens that could witness a significant price increase after the SEC approves a Solana ETF. Jupiter (JUP) Jupiter (JUP) is one of the tokens that is ready for a 20x price increase after a Solana ETF approval. The JUP price is in a good position to benefit from such bullish development, considering its status as one of the top Solana coins . As such, the DeFi token will likely witness a parabolic surge on the back of an ETF approval. Crypto analyst Altcoin Scholar predicted that JUP could rally to $10 or higher in this bull run. NebulaStride Token (NST) NebulaStride Token (NST) is in a good position to witness a significant price increase after a Solana ETF approval. This ETF approval provides a bullish outlook for the crypto and NST, as a newer token, could enjoy one of the most gains. As a newer token, NST could even record more than a 20x price increase since it has more room to run to the upside than these older coins. the token’s fundamentals also provides a bullish outlook for its as NebulaStride is revolutionizing the finance space. Render (RENDER) Render (RENDER) is another top Solana coin that is ready for a 20x price increase after a SOL ETF approval. The token already boasts a bullish outlook based on its ties to the artificial intelligence (AI) narrative. Meanwhile, from a technical analysis perspective, crypto analysts have suggested that RENDER is well primed for a parabolic surge. In an X post , crypto analyst Exotrader predicted that the AI coin couuld rally to as high as $24 as long as it holds the $6.9 support level on the weekly close. Bonk (BONK) Bonk (BONK) has become more than just a meme coin in the Solana ecosystem. The top meme coin has gained several use cases and even boasts an exchange-traded product (ETP). Meanwhile, it is worth mentioning the upcoming BONK token burn with 1 trillions coins set to be burnt. With this 1 trillion token burn on the horizon, the meme coin eyes a $0.11 price target. XRP XRP looks like an obvious play if the SEC were to approve a Solana ETF, especially if this approval comes before the one for an XRP ETF. In a scanario where a SOL ETF gets approved an XRP ETF, XRP will likely witness a 20x price increase as traders anticipate the XRP ETF next. Moreover, crypto analysts have already provided a bullish outlook for the XRP price. One of these analysts is Dark Defender who predicted that XRP could rally to as high as $18 in this market cycle. Conclusion A Solana ETF approval is undoubtedly bullish for JUP, NST, RENDER, BONK, and XRP. These coins, most especially NST, are ready to enjoy a 20x price increase once these SEC approves the SOL ETF. The post 5 Tokens Ready For A 20X After Solana ETF Approval appeared first on CoinGape .
Shares in conservative video content platform Rumble ( NASDAQ: RUM ) nearly doubled on Monday, extending Friday's post-market gains after it received a $775M investment from crypto firm Tether, which owns the namesake stable coin. The company said late on Friday it will use $250M of the proceeds to support growth initiatives and the remaining proceeds to fund a self-tender offer for up to 70M of its class A common stock, at the same price as Tether’s investment, which is $7.50 per share. Tether will own a minority position in Rumble’s outstanding common stock but will not have the right to designate any members of the board. Over 58.22 million RUM shares have changed hands just before 1 pm ET, nearly 22x its 3-month daily moving average. Short interest on the stock is 13.4%. RUM shares have nearly tripled in value so far this year while the benchmark S&P index has risen 24% for the same duration. Seeking Alpha analyst PropNotes said in an article from November that RUM's "core offering of charged political content is minimally monetizable, limiting revenue growth and advertiser appeal. The company's valuation at $1.7B is excessively high given its lack of profitability, poor unit economics, and competitive disadvantages." "We like the idea of shorting RUM shares, despite risks around the elevated short interest," the author wrote. RUM has no bullish ratings from Wall Street, Seeking Alpha Quant ratings and SA analysts on average. More on Rumble Rumble Inc. (RUM) Q3 2024 Earnings Call Transcript Rumble: Stay Away From This Stock At All Costs Rumble: Difficulties With Growth, Competition, And Profitability Biggest stock movers Monday: HMC, XRX, RUM, and more Rumble announces $775M strategic investment from Tether; shares jump
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ex-Wall Street trader forecasts 12,250% returns for a new Solana token, set to outshine BRETT and FLOKI in growth. Table of Contents Catzilla: A titan among meme coins BRETT coin poised for breakout ahead of altcoin bull run FLOKI eyes key resistance levels as altcoin season nears Conclusion A former Wall Street expert predicts astronomical returns for a new token on the Solana network. With potential to overshadow popular coins like BRETT and FLOKI, this emerging asset is catching the eye of investors seeking exceptional growth. Could this be the next big thing in the crypto world? You might also like: Next SHIB: Investors bet big on CATZILLA as presale exceeds expectations Catzilla: A titan among meme coins In a realm dominated by quirky contenders, Catzilla strides into the spotlight as a unique, kaiju-inspired meme coin with massive growth potential. Building on the viral success of tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) , Catzilla carves its own path with a narrative rooted in chaos and power, reminiscent of Japan’s iconic kaiju culture. A Monster with a mission More than just a meme, Catzilla embodies rebellion against crypto market manipulation. By combining captivating storytelling, anime-inspired design, and a robust presale strategy, it’s creating a vibrant community of investors, gamers, and meme enthusiasts. Why Catzilla stands out 700% ROI during presale Catzilla offers a structured 14-stage presale, where token prices steadily increase from $0.0002 to $0.0016, delivering an incredible opportunity for early investors to capitalize on up to 700% returns. Triple utility advantage Epic Gameplay – Dive into an engaging kaiju-themed gaming experience. Unified Mission – Join a movement promoting transparency and fairness. Vibrant Community – Connect with a passionate network of like-minded enthusiasts. Catzilla: The much-needed meme coins Catzilla is more than a token; it’s a rallying cry against greed and manipulation in the crypto space. With a bold persona and disruptive vision, it seeks to restore the fun, transparency, and opportunity that meme coins were meant to embody. Be Part of the Movement Step into the Catzilla movement and claim a place in a rising force that blends financial opportunity with cultural impact. Don’t just follow the pack — lead the charge with CATZILLA. Join the feline frenzy today This isn’t just another meme coin — it’s a phenomenon. Get CATZILLA and roar into the future of crypto with the ultimate kaiju-inspired token. BRETT coin poised for breakout ahead of altcoin bull run BRETT is currently trading between $0.0989 and $0.1650. After recent dips of over 20% in the past month, it may be primed for a rebound. The coin is approaching its nearest resistance level at $0.2032. Breaking through this could see it rise to the second resistance at $0.2693, representing potential gains over 60% from current levels. The RSI and Stochastic indicators are neutral, suggesting room for upward movement. With the altcoin season on the horizon, BRETT could capitalize on the bullish momentum. The MACD is close to flipping positive, and the price nearing the 10-day and 100-day moving averages indicates a possible trend reversal. Keep an eye on BRETT as it could be ready to surge. FLOKI eyes key resistance levels as altcoin season nears FLOKI is trading between $0.0001277 and $0.0002243, showing potential for an upward move. The RSI is around 50, indicating neither overbought nor oversold conditions. If the price breaks above the resistance at $0.0002813, it could rally toward $0.0003779, offering significant gains. The recent declines over the past week and month might lead to a strong bounce back. With the altcoin season approaching, FLOKI could see increased interest. The MACD hints at a possible trend reversal, and moving above the 10-day and 100-day simple moving averages may confirm a bullish breakout. Conclusion While BRETT and FLOKI may offer potential gains, Catzilla stands apart as a disruptive force in the meme coin arena. With its ambitious presale targeting a 700% ROI, a triple-utility ecosystem, and a mission to change the crypto space, Catzilla is more than just a token — it’s a movement. Join the Catzilla movement today and stake a claim in the next big thing in cryptocurrency. To learn more about Catzilla, visit the website , X , Telegram chat , and Telegram news . Read more: Why SHIB Holders are eyeing Catzilla’s 15,000% growth potential 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.
Ex-Wall Street trader forecasts 12,250% returns for a new Solana token, set to outshine BRETT and FLOKI in growth. #partnercontent
Sonic SVM has launched an innovative initiative to engage TikTok users with the airdrop of SONIC tokens, facilitating their entry into the Solana-based Web3 ecosystem. This unique approach utilizes account