Day: December 17, 2024

Why Is Ripple’s XRP Up? Price Prediction as RLUSD Stablecoin Debuts on Global Exchanges

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Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 🚀 What’s Hot in B2B Online Trading for 2025? Insights from Pepperstone CEO Thomas Zabo 🚀 How does #crypto volatility, global expansion, and market trends shape the future of online trading? In this exclusive interview, Thomas…

Bitcoin price may see a harsh reversal after Fed decision

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Bitcoin price rallied to a record high of $108,000 on Dec. 17, continuing a bull run that began in 2023. Bitcoin (BTC) has surged by nearly 150% this year, driven by rising demand and decreasing supply growth. The unwinding of high interest rates by the Federal Reserve and other central banks has also contributed to this upward momentum. Data from SoSoValue shows that spot Bitcoin ETFs have accumulated over $36 billion in assets, bringing their combined total to more than $120 billion. This growth indicates that Bitcoin is increasingly competing…

Bitcoin’s treble allows US gov to pay back crypto fraud victims

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The U.S. Department of Justice is set to reimburse victims of a wire fraud scheme, aided by the tripling value of Bitcoin since the cryptocurrency was seized.  The scheme, which targeted real estate transactions, resulted in millions of dollars in losses for businesses and individuals. In December 2023, fraudsters infiltrated systems used in real estate transactions, sending fake wire transfer instructions to divert funds intended for mortgages and other payments.  One company reported losing over $1 million. Investigators later uncovered at least ten additional victims, with individual losses ranging from…

Solana Slips To $209: Rising Bearish Pressure Threatens Key Support

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Solana is navigating a critical juncture as its price edges toward the $209 mark under increasing bearish pressure. Recent market dynamics have tilted in favor of the bears, challenging SOL’s previous upward momentum. The $209 level now emerges as a crucial line of defense, with the bulls required to act swiftly to prevent deeper losses and regain control of the market narrative. This heightened selling pressure highlights growing uncertainty, making the stakes even higher for both sides of the market. If the bulls manage to hold the line, it may…

Metaplanet Issues $30 Million Zero-Interest Bonds to Accelerate Bitcoin Purchase

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Metaplanet doubles down on bitcoin with Japanese investment firm issuing new bond series to purchase more bitcoin. Bitcoin is Metaplanet’s Favorite Asset Metaplanet, a Japanese investment firm has announced the issuance of new ordinary bonds worth $30 million (¥4.5 billion) with a specific goal to accelerate the company’s acquisition of bitcoin. This is the fourth […] Original

Ethereum Price Crash Incoming? Tron’s Justin Sun Unstakes $209 Million ETH From Lido Finance

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Este artículo también está disponible en español. The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher. With the possibility of more sell-offs, Ethereum could see its price crashing down if Sun decides to dump more coins.  Justin Sun Dumps…

EU Parliament Member pushes for a strategic Bitcoin reserve and says ‘no’ to digital euro

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French Parliament Member, Sarah Knafo, urges the EU to ‘bet on Bitcoin’ by building national strategic Bitcoin reserves while rejecting the central bank’s plan for a digital euro. In a video shared on her X account on Dec. 17, Knafo delivered a speech in parliament, calling for European nations to start building national Bitcoin (BTC) reserves, develop the crypto mining industry and stop hiking up taxes on crypto holders. “It’s time to bet on freedom, it is time for our states to bet on Bitcoin. To build national strategic reserves.…

Bitcoin To Hit $180,000 If These Top Indicators Are Absent: VanEck

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Este artículo también está disponible en español. Bitcoin could soar to $180,000 in 2025 if key cycle top indicators remain muted, according to Matthew Sigel, Head of Digital Assets Research at VanEck. Speaking with podcast host Natalie Brunell, Sigel outlined a clear four-year pattern in Bitcoin’s price action that he believes has persisted through multiple market cycles. Why $180,000 Per Bitcoin Seems Plausible Sigel explained that Bitcoin tends to outperform nearly every other asset class for three years out of each four-year halving cycle, followed by a deep correction in…

French MP Sarah Knafo Calls for Bitcoin Reserves, Slams EU’s Digital Euro Plan

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In a recent address, European Parliament member Sarah Knafo discussed El Salvador’s bitcoin adoption and hinted at President-elect Donald Trump potentially considering a strategic bitcoin reserve. Knafo later shared her speech on X, writing, “no to the digital euro” and “yes to a strategic bitcoin reserve.” ‘Let’s Dare to Be Free’: Sarah Knafo Urges Nations […] Original