Bitcoin Resilient: Decembear Drops Only 2%
Bitcoin price has only dipped 2% in December, with mid-$80,000 targets still in focus despite expectations for a deeper downturn. #Update #Crypto @Bitcoin → (0)
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Crypto Milestone: KIP Protocol TGE Date
KIP Protocol’s TGE launches December 10, 2024, with a $100M valuation. Backed by Animoca Ventures and Tribe Capital, it partners with Open Campus and others, aiming to decentralize AI monetization. #Update
Elon Musk Rejects 2018 OpenAI ICO
Elon Musk rejected OpenAI’s ICO in 2018, citing reputational risks. Now, he’s battling OpenAI and Sam Altman over ethics, with Microsoft in the mix. Meanwhile, Musk’s xAI seeks $45 billion in funding. #Update
Bitcoin Price Alert Possible Drop Below 60K
Bitcoin dips to $65,521 amid geopolitical tensions and USDT scrutiny. Regulatory challenges add uncertainty, while options trading shows low odds of $BTC hitting $100,000 by year-end. Stay alert, investors! #Update
Crypto: Pump.fun Token Launch Trading Terminal
Pump.fun is launching a native token and advanced trading terminal to entice crypto traders with zero commission for 30 days. Could this be the next big move in crypto? Stay tuned! #Update
Trump Launches WLFI Token Sale
World Liberty Financial, linked to @realDonaldTrump, sold 220M $WLFI tokens in 20 minutes, raising millions despite transparency concerns. DeFi ambitions and crypto bank plans raise questions on regulation. #Update
Bitcoin ETFs Gain, Ethereum ETFs Drop
US spot $BTC ETFs saw $4.56M inflow on Sep 23, while $ETH ETFs faced $80.55M outflow from Grayscale’s ETHE. Overall trading volumes dropped below $1B, indicating shifting investor sentiment and market volatility.
Bitcoin ETFs Surge Ethereum ETFs Drop
Bitcoin ETFs saw a $12.9M inflow on Sep 16, 2024, while Ethereum ETFs faced a $9.51M outflow. Grayscale’s $GBTC experienced a $20.75M outflow. Hong Kong’s Bitcoin and Ethereum markets remained stable with no capital movements.
Bitcoin Drop: Peter Brandt Bearish
Veteran trader Peter Brandt turns bearish on $BTC, citing a pattern of lower highs and lows. Crypto expert Ali Martinez warns of a potential 75.50% correction. Bitcoin wallet growth declines, contrasting with increases in Ethereum and Tether.
Bitcoin ETFs Rise Ethereum ETFs Drop
Bitcoin ETFs ($BTC) gain $11.11M on Aug 15, 2024, while Ethereum ETFs ($ETH) face $39.21M outflow. @Fidelity, @BitwiseInvest, and @Grayscale see Bitcoin inflows, but Grayscale’s Ethereum Trust hits $42.52M outflow. Potential market sentiment shift. #CryptoNews
Stablecoin: State Street Plans Token Launch
State Street Corporation is exploring the launch of a stablecoin and deposit token to boost cross-border payment efficiency using blockchain. This move marks a key shift in integrating digital assets with traditional finance. #Update #Blockchain @StateStreet
ZKX Drops 50% Amid Service Shutdown
ZKX protocol, the first perpetual futures exchange on Starknet, has shut down due to low user engagement. Founded in 2021 and backed by $4.5M, it struggled to sustain itself despite innovative zk-rollup technology.
Pepe Unchained Memecoin Raises $6M ICO
Pepe Unchained (PEPU) raised $6M in presale, debuting as the first Pepe memecoin with a layer 2 solution. Analysts predict up to 100x returns, making it a promising investment. Current price: $0.0087693. #Update
Grayscale Bitcoin ETF Drops 11% Before Distribution
Grayscale’s Bitcoin ETF (GBTC) fell 11% to $52.87 amid outflows and the spinoff of the Bitcoin Mini Trust. Each shareholder will receive BTC shares, aiming to enhance market stability and transparency.