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ETH's strong bounce from its 200DMA and potential Doji candle formation suggest the worst of the downside could be over.
At intra-day lows, ADA had dumped over 40% since its recent highs. But the worst might already be over, and 2025 could bring new highs.
Bitcoin's price trend will no longer be as influenced by internal mechanisms such as halving, but rather more affected by external factors such as institutional adoption and geopolitical events.
Share link:In this post: Michael Saylor might join Trump’s crypto advisory council, saying he’s open to shaping digital asset policy for the new administration. MicroStrategy just bought another 15,350 Bitcoin for $1.5 billion, pushing their total holdings to 439,000 BTC, now worth $45.6 billion. Trump’s administration plans to create a Bitcoin reserve and form a crypto advisory council with leaders from Ripple, Kraken, and Circle.
Share link:In this post: Ripple donated $5 million in XRP to fund President Trump’s inauguration, the largest crypto contribution to the $200 million fund. Coinbase and Kraken each gave $1 million, while MoonPay also donated, marking a record-breaking year for crypto political donations. XRP surged after Ripple’s legal win and Trump’s election win against the SEC and the launch of its stablecoin RLUSD.
Wood anticipates Bitcoin's scarcity and institutional interest will drive dramatic value increase by decade's end.
ETH rallies 10%, driven by $11B in large transactions and bullish market sentiment. Could Ethereum break $4,500, or risk falling to $3,178?
- 07:07Swell: Bridge funding exceeds $120 million, mainly flowing in through the Stargate protocolSwell posted on X stating that its bridging funds have exceeded 120 million US dollars, with more capital flowing in. Major assets such as Ethena Labs' USDe, ether.fi's weETH and Swell's rswETH are moving at scale and speed. Most of the funds are transferred through the cross-chain liquidity protocol Stargate (supported by LayerZero technology).
- 07:05Trader Peter Brandt: BTC may continue to rise, with a short-term price target of $125,000After BTC recently fell below the major threshold of $91,000, it rebounded strongly this weekend and has currently slightly fallen back to around $96,000. In this process, veteran trader Peter Brandt reiterated his bullish view on BTC and stated that it may continue to rise in the future. In addition, other on-chain indicators also show that BTC has a good momentum for the future. In recent analysis, Brandt said that BTC could reach $108,358 in the next few days. However, he also quoted technical charts warning that the price of BTC might pull back to $76,614 in an upward trend and added "this is not a prediction", pointing out market risks. He stated these analyses only reflect "possibilities not probabilities or certainties". Moreover, he recently set his target price for BTC at $125 thousand.
- 07:04The founder of ai16z publishes an article explaining the project structure and relationships between various entitiesai16z founder Shaw has published an article explaining the project structure and the relationship between various entities: ai16z is a decentralized DAO, owning tokens ai16z and degenai; ElizaOS is an open-source AI agent framework; Eliza Labs is responsible for developing elizaOS. Shaw also emphasized that DAOs are decentralized, adopting a fair launch model without any entity intervention or team allocation, venture capital or similar arrangements. In addition, the ELIZA token was developed by an independent team and received support but it's not an official product.
