Trader DonAlt, known for early $BTC bull run calls, warns that Bitcoin’s current cycle may end soon, with $150,000 targets deemed overly optimistic. At present, Bitcoin trades at $94,586. #Update #Crypto $BTC (-3) ↘
Crypto whales have acquired $2.698 billion worth of $XRP and Dogecoin ($DOGE) within two days, according to analyst Ali Martinez. This significant accumulation includes one billion $XRP and 470 million $DOGE, highlighting strong investor interest in these altcoins. #Breaking #Crypto $XRP (+8) ↗
@BlackRock has accumulated a $50 billion Bitcoin ($BTC) trove in 2024, while @MicroStrategy and Fidelity acquired $24 billion and $20 billion respectively. However, BlackRock is now offloading BTC. #Breaking #Crypto $BTC (+9) ↗
Fundstrat’s Tom Lee argues that ignoring $BTC is a “catastrophic” market view, citing Bitcoin’s resilience and U.S. government support as key factors bolstering its position as a strategic asset. #Update #Crypto $BTC (+3) ↗
Ryan Watkins of @SyncracyCapital predicts a prolonged crypto bull market, citing changes like crypto-based ETFs and supportive US administration. He emphasizes the need for active management as dispersion increases in the asset class. #Update #Crypto (+3) ↗
Cryptocurrency analyst Michaël van de Poppe predicts the altcoin market correction may end by early 2025, with $TOTAL3 chart indicating a bullish reversal. He notes $ETH/BTC and Optimism ($OP) are showing signs of accumulation. #Update #Crypto $TOTAL3 (+4) ↗
Bitcoin is likely to reverse its recent -15% pullback, says crypto analyst Rekt Capital, citing historical patterns. After rebounding from low support, $BTC is expected to remain in the $91,000 to $101,000 range. #Update #Crypto $BTC (+3) ↗
@CryptomusExchange addresses crypto challenges like liquidity and security, offering safer trading options amidst industry fraud concerns. Cryptocurrencies remain a strong investment despite digital vulnerabilities. #Update #Crypto @CryptomusExchange (+3) →
@Bybit will temporarily suspend services in India due to regulatory requirements, allowing only withdrawals. The company aims to resume full operations soon after registering as a Virtual Digital Asset Service Provider under Indian law. #Update #Legal @Bybit (+3) →
@LBank announces a brand evolution to enhance its MEME ecosystem, updating its website and app for better user experience and trading. #Update #Crypto $MEME (+3) →
South Korea’s Financial Services Commission plans to relax restrictions on institutional crypto trading, gradually allowing institutions access to local exchanges, starting with non-profits, amid political turmoil and martial law declaration by impeached President Yoon Suk Yeol. • #Breaking • #Crypto • @YonhapNews • (+8) • ↗
@GarantiBBVA will enable crypto trading for its customers in Turkey via Garanti BBVA Kripto, marking a significant step by European banks into the crypto space. • #Update • #Crypto • @GarantiBBVA • (+4) • ↗
@cryptocom now offers stock and ETF trading in the US, starting in Pennsylvania, Ohio, Washington, and Arizona, with plans to expand nationwide. • #Update • #ETF • @cryptocom • (+4) • ↗
@MorganStanley is considering launching crypto trading via its E-Trade division, potentially expanding its financial offerings amid a favorable regulatory climate under President-elect Donald Trump. • #Update • #Crypto • @MorganStanley • (+6)
