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Coinpedia

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Cardano Price Prediction Today: ADA Bears Push for $0.64 After 14% Price Drop

  • Cardano's ADA is currently trading below $1 mark after a 14% price drop.
  • Key support levels to monitor are 64 cents and 76 cents.
  • ADA is currently in a corrective price channel with potential for a reversal.
  • Bullish potential for ADA to reach $1.42, $1.72, or even $2.36 in the next wave.

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Bitcoinist

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The Ultimate Layer 2: Solaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination

  • Solaxy, a Layer 2 protocol built on Solana, has raised $2.85M in just five days since its presale launch.
  • Solaxy aims to combine Ethereum's DeFi strength with Solana's transaction speed.
  • The project aims to bridge the gap between Ethereum and Solana, leveraging the liquidity and security of Ethereum's DeFi ecosystem.
  • Investors are excited about Solaxy's potential in the DeFi arena, as it offers high staking rewards and aims for DeFi domination.

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Bitcoinist

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Here’s Why The Dogecoin And Shiba Inu Prices Crashed Violently

  • The prices of Dogecoin and Shiba Inu have crashed over 5% in the last 24 hours due to Jerome Powell's bearish remarks on crypto assets.
  • Powell's speech suggested a hawkish stance by the Federal Reserve, causing investors to be skeptical about investing in these risk assets.
  • Technical indicators for Dogecoin are bearish, and Powell's comments on the Strategic Bitcoin Reserve further contributed to the price declines.
  • While short-term downside is expected for Dogecoin, analysts believe that the dip will be bought and the coins will regain bullish momentum.

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TronWeekly

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Shiba Inu (SHIB) Burns Massive 410.74 Trillion Tokens, Driving Scarcity

  • Shibarium has burned over 410.74 trillion Shiba Inu tokens, aligning with deflationary goals and reducing circulating supply.
  • Shibarium processes 4.72 million daily transactions, supports 2.01 million wallets, and has 8.47 million total blocks with a five-second average block time.
  • Shibarium enhances SHIB’s usability through low-cost transactions, staking, and decentralized governance, elevating its market position and ecosystem growth.
  • Shibarium has reshaped the Shiba Inu ecosystem, driving utility, accessibility, and deflationary progress for SHIB.

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Coinpedia

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XRP News: Gensler’s Last-Minute Promotions Raise Questions About Ripple Case Outcome

  • SEC Chair Gary Gensler has promoted five senior officers in the SEC Enforcement Division, raising questions about their timing and purpose.
  • These promotions were made discreetly, leading to speculation about Gensler's motives before the new chair takes over.
  • Four of the promoted officers have been instrumental in the SEC's crypto enforcement efforts, which may create conflicts with the incoming SEC leadership.
  • The timing of these promotions and their potential impact on the Ripple case remain uncertain as Gensler's term comes to an end.

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TheNewsCrypto

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Can BabyDoge Regain Its Bullish Trend with Puppy.fun Launchpad?

  • BabyDoge has launched its own meme token launchpad, Puppy.fun, allowing the community to create and distribute new tokens.
  • When a token reaches 22 BNB liquidity, it moves to BabyDogeSwap DEX for decentralized trading.
  • Puppy.fun joins the growing list of meme token launchpads, offering an easy and transparent process for creating and distributing new tokens.
  • BabyDoge's price has experienced fluctuations, with a 5% drop in the last 24 hours, but has risen 60% in the past month and 170% since the start of the year.

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TheNewsCrypto

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Is Bitget Token (BGB) Set for a $5 Rally After Reaching a New ATH?

  • Bitget Token (BGB) reached a new all-time high at $4.88, marking a gain of over 7%.
  • Over the past thirty days, BGB has increased by 254%.
  • The asset is currently trading at $4.67, with a daily trading volume of $512 million.
  • BGB is in a highly bullish trading zone and could potentially rally above $5.

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Bitcoinist

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How Crypto Losses Can be Used to Offset Your 2024 Tax Bill

  • Cryptocurrency investors can use crypto losses to offset profits in their portfolio for tax purposes.
  • The IRS considers crypto gains taxable when selling or trading cryptocurrencies, spending crypto on goods/services, earning through staking/mining/rewards, or receiving airdrops/hard forks.
  • Tax loss harvesting involves selling underperforming assets at a loss to offset tax bills, including future years.
  • Solaxy ($SOL) is performing well, providing potential gains for investors in the Solana Layer 2 protocol.

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TheNewsCrypto

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Whale Continues to Buy AAVE Despite the 8% Price Dip

  • A whale purchased more than 9,000 AAVE tokens as the price dips.
  • The AAVE token recorded an 8% price dip, trading at $343.
  • Despite the dip, a whale with a $15.3 million profit continues to buy AAVE tokens.
  • The whale spent $3.18 million to purchase 9,702 AAVE tokens.

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Bitcoinsensus

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XRP Price Prediction: Key Zones and Market Liquidity

  • XRP price movement is influenced by liquidity zones.
  • Key supply and demand zones can indicate potential market reactions.
  • Setting trades to break even once in profit is advised to manage risk.
  • Market unpredictability makes it necessary to stay informed and cautious.

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99Bitcoins

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Solana DApps Generate $365M In Revenue In November, Pump.fun Leads With $100M Monthly Earnings

  • Solana's decentralized applications (DApps) generated $365 million in revenue in November.
  • Pump.fun emerged as the top contributor, earning $106 million despite facing community backlash.
  • Other major revenue drivers for Solana's DApp ecosystem included Photon and Raydium.
  • Memecoin DApps dominated revenue generation on Solana, contributing a total of $509 million year-to-date.

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Coinpedia

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World Liberty Finance’s $10M Bitcoin Swap: Strategic or Politically Motivated?

  • World Liberty Financial (WLFI) has swapped $10.4 million worth of cbBTC for WBTC.
  • This move raises questions about WLFI’s strategic direction and whether it is politically motivated.
  • Justin Sun, founder of TRON DAO and major WLFI investor, played a key role in the transition.
  • WLFI’s decision to prefer WBTC over cbBTC aligns it with trusted infrastructure and distances from cbBTC’s controversies.

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Bitcoinist

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DOGE Price Prediction: Can DOGE Surpass $1 in Q1 of 2025? Investment Analysts Place Their Bets on This $0.12 ICO

  • Dogecoin (DOGE) is garnering attention as a potential asset to surpass $1 in Q1 of 2025, with growing mainstream adoption and a loyal investor base.
  • In the meantime, analysts are placing their bets on the DTX Exchange, a new ICO valued at $0.12, which aims to redefine the online trading experience by combining the strengths of centralized and decentralized platforms.
  • DTX Exchange features a comprehensive trading platform with access to various financial instruments, powered by the innovative blockchain VulcanX, ensuring exceptional performance and fast execution trade time.
  • With over $10 million raised in its presale and the potential to list on top-tier exchanges, DTX Exchange is gaining momentum as an all-in-one solution for traders worldwide.

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TronWeekly

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Chainlink (LINK) Eyes $60 in 2025: A Bullish Surge Amid Crypto Rally

  • Chainlink (LINK) has surged 14% in the ongoing bull market, aiming to surpass $60 by 2025.
  • Analysts predict a 208% rise by May 2025, reaching $84.
  • Market conditions and DeFi adoption contribute to Chainlink's bullish momentum.
  • Chainlink's impressive growth highlights its potential for sustained success in the future.

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TronWeekly

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Shiba Inu Whale Unloads $6M in Profit-Taking Spree

  • A Shiba Inu whale sold 250 billion SHIB tokens, making a profit of over $6 million.
  • Despite the recent sell-off, technical analysis suggests a bullish outlook for SHIB in 2025 with a potential peak near $0.0000998.
  • The whale's strategic investment and profit-taking highlight the confidence of deep-pocketed investors in the long-term potential of cryptocurrencies like SHIB.
  • Despite market volatility, SHIB is expected to experience potential growth in 2025, with a projected price range of $0.0000234 to $0.0000998.

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