In a surprising twist amidst a broader altcoin market slump, Solana-based memecoin Fartcoin briefly soared to a $1 billion market capitalization. The 113% surge over the past month highlights the
The post XRP Price Prediction For December 19 appeared first on Coinpedia Fintech News XRP’s price is currently trading between two key levels: strong support around $2 and resistance between $2.90 and $3. This $3 level has been a tough barrier for XRP, and the price hasn’t yet broken down the overall bullish trend, despite some short-term pullbacks. Right now, XRP is in a sideways consolidation phase, and it appears to be staying within this range for the time being. Key Fibonacci Levels The key Fibonacci levels have been met, but there could still be a small dip before any further upward movement. The price has maintained an overall bullish trend, with the possibility that the price bottomed around $1.90 in 2020, and we’re now seeing an upward movement that could continue. Bullish Flag Breakout According to analyst Josh of Crypto World, XRP recently broke out from a bullish flag pattern, signaling short-term upward movement. Even with a small pullback, the price is still above the breakout point, meaning those who entered the trade are still in profit. The price target for this breakout is around $3.80, which suggests a potential 47-48% increase from current levels. Resistance Levels to Watch However, resistance levels remain important. If XRP hits the $2.90-$3 range, it could struggle to move higher. Therefore, while the bullish target is in play, other factors need to be considered. Short-Term Support and Resistance XRP is bouncing from short-term support around $2.50. If it falls below this level, the next support is around $2.38. The analyst said that a drop below $2.38 would invalidate the current bullish outlook. It is important to note that at the time of writing, XRP is trading at $2.36 level. Short-term resistance to watch includes levels around $2.70, $2.78, and $2.85. If XRP breaks these levels, it could face more resistance near $2.90-$3. Conclusion Overall, XRP is still stuck in its current price range, with no clear breakout yet. The price is likely consolidating before making another move upward, but we should wait for the market to stabilize before making any conclusions, especially after the recent Fed decision.
The altcoin season we’ve all been waiting for has finally dropped, and there’s one token that’s looking like the next big crypto to 100x. Telegram gaming platform Dogizen has reeled in over $1.6m. And is offering those who invest today 41.56% in gains before the presale ends. With Dogizen being the first-ever Telegram ICO and benefiting from multiple partnerships with dynamite names in the Telegram space, 2025 is Dogizen’s for the taking. Here’s why. Why Dogizen is looking like 2025’s next big crypto Alongside the partnerships, the market for Telegram games is entering a golden age. The sector rocketed from essentially $0 last spring to over $1.5 billion in a matter of months. There are just a handful of players in this space, which means that almost every project is approaching blue-chip status. Sector leader Notcoin has cleared over $2 billion in market cap. And Catizen , a project whose market cap has cleared as much as +$200 million, has generated an average revenue per user 200x that of the average crypto project. Also, these projects are getting Binance listings faster than you can say CZ loves you. Makes sense—especially when you consider their insane ability to onboard new users thanks to their simple UX, easy accessibility via one of the world’s most popular messaging apps, and viral growth power due to them being easily referable between Telegram users. Plus, Telegram, in particular, is witnessing outsized growth right now. It’s nearly 1 billion users strong and is growing at a phenomenal rate. Especially in the developing world; African Telegram crypto communities have exploded by +180% since 2023 . How Dogizen improves on the competition Unlike the Notcoin/Hamster Kombat/Catizen cohort, Dogizen is holding an ICO instead of airdropping its tokens. Such a strategy resulted in all of Dogizen’s rivals seeing their token prices slump after launch. Dogizen’s ICO is designed to onboard the loyal. Getting buy-in before the token hits the open market encourages long-term holding, a key element of sustaining and pumping a token’s price. It’s also the only Telegram ICO in the messaging platform’s history. This means that Dogizen is being fed straight to Telegram’s nearly 1 billion strong audience. An audience that is already hyper-engaged with crypto and Web3. Dogizen partnerships are pouring extra gas into the tank From Telegram wallet Grindery to Telegram game SHARKS , Dogizen has teamed up with some of the best names in its space. Not only does this open Dogizen up to a 3 million+ audience, but it also gives Dogizen some juicy brand equity as it piggybacks on these big names. The crypto market has been forecast to triple in size next year. And it’s game-changing products in promising sectors such as Dogizen that are ready to see the outsized gains. You can buy DOGIZ on the official Dogizen website .
Bitwise Asset Management, a prominent player in the crypto investment space, has taken another bold step in expanding its offerings. The company has launched a Solana staking exchange-traded product (ETP) in Europe, providing investors with an enticing annual percentage yield (APY) of 6.48%. Operating under the ticker BSOL, this latest product positions Bitwise as a The post Bitwise Launches Solana Staking ETP In Europe appeared first on CryptoCoin.News .
Market volatility highlights the sensitivity of cryptocurrencies to monetary policy shifts, impacting investor confidence and asset stability. The post Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals appeared first on Crypto Briefing .
The post El Salvador Secures $1.4B IMF Loan Amid Bitcoin Policy Shift appeared first on Coinpedia Fintech News El Salvador has finalized a $1.4 billion loan agreement with the International Monetary Fund (IMF) after four years of negotiations, despite initial tensions over the nation’s adoption of Bitcoin as legal tender. The 40-month program aims to stabilize El Salvador’s economy, with commitments to enhance its primary balance and reduce its debt-to-GDP ratio. The IMF acknowledged progress in mitigating Bitcoin-related risks, signaling a shift in relations. This deal marks a significant step for the Central American nation in addressing its financial challenges while navigating its unique cryptocurrency policies.
Solana-based memecoin Fartcoin briefly exceeded a $1 billion market cap amid a downturn in the altcoin market.
The post Jerome Powell Dismisses FED’s Bitcoin Ownership appeared first on Coinpedia Fintech News Federal Reserve Chair Jerome Powell confirmed the Fed’s inability and lack of intent to hold Bitcoin, emphasizing any legal changes would rest with Congress. His remarks follow discussions of a U.S. Strategic Bitcoin Reserve proposed by President-elect Donald Trump, potentially funded by seized Bitcoin and Treasury assets. Bitcoin, which has surged past $100,000 on optimism over Trump’s pro-crypto stance, dipped after Powell’s comments. Meanwhile, skepticism persists among Fed officials about Bitcoin’s volatility and utility. Trump plans to appoint crypto advocates to key positions, fueling speculation about the future of U.S. cryptocurrency policies.
The post Crypto Market Liquidation Hits $700M Amid Fed Inflation Warning appeared first on Coinpedia Fintech News The crypto market saw a sharp decline, losing nearly $700 million, with over $660 million liquidated in the past 24 hours. Meanwhile, the US stock market faced a steep fall, shedding $1.5 trillion, as the S&P 500 dropped 2.95%. Federal Reserve Chair Jerome Powell, during the FOMC meeting, reiterated that the Fed cannot own Bitcoin and projected it might take 1-2 years for inflation to hit the 2% target. These developments have triggered widespread sell-offs, leaving investors wondering if this downturn presents a buying opportunity amidst the market chaos.
The post Trump’s World Liberty Makes $250K ENA Investment appeared first on Coinpedia Fintech News World Liberty, the Trump family’s crypto project, made another move by spending 250,000 USDC to purchase 231,726 ENA through Cow Protocol early on December 19. This brings their total ENA holdings to 741,687. The project, monitored by Arkham, has been actively growing its crypto portfolio. Earlier, World Liberty Financial partnered with Ethena Labs to integrate sUSDe as a core collateral asset in its upcoming Aave instance. This partnership signals a strategic push to enhance the project’s financial ecosystem, positioning it for broader use in decentralized finance (DeFi).