They are all frauds. Alt coins should not go under. Whoever is the CEO of alt coins sells them themselves. They manipulate all alt coins. I can no longer trust this market
Flux Bro
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$KAS from $0.2 to $0.09 $TAO from $740 to $360 $ALPH from $3.50 to $0.6 $OCTA from $2.30 to $0.7 Crazy capitulation across most alts
Bitcoin suffered a temporary drop in value as miners sold off a significant portion of their holdings, recently withdrawing more than 3,000 $BTC . Despite this selling, the cryptocurrency showed resilience, with its price rising to $42,900.
Over the last 20 days, Bitcoin ($BTC ) has lost its dominance of the cryptocurrency market by four percentage points, sparking an altcoin season. The loss of dominance could mean that major cryptocurrencies are outperforming the leader and absorbing capital.
Bitcoin supporter Max Keiser made statements that will anger Solana ($SOL ) investors.
Bitcoin ($BTC ) supporter Max Keiser, who stated that many altcoins will "disappear" in the past, targeted Solana this time. On December 26, Keiser shared a post with the statements "Solana has started rug-pull".
Max Keiser made a similar prediction a few days ago and shared a joking video about how Solana would fall in 2024. SOL, which has been rising unstoppably especially since October, rose by 325% in about 2 months, reaching $ 123 from the $ 28 band.
As of today, Binance has added 2 altcoins, ORDI and SATS, to its Copy Trade program. Although this move may not seem significant, it could affect the long-term trajectory of ORDI and SATS.
SOL and AVAX, which moved breathlessly upwards during BTC's uptrend, loosened a bit, giving other altcoins a breather. SOL and AVAX, which performed the best in major coins, shone XRP with the selling pressure. At the same time, overcoming a decisive resistance strengthened XRP's hand.
In recent weeks, Dogecoin (DOGE) addresses have increased by more than 35%. This may indicate a possible increase in the value of Dogecoin. This increase in the number of new addresses is considered a positive development for Dogecoin.
According to Santiment's analysis, the number of active Dogecoin addresses reached 1.3 million, a remarkable increase. This increase accelerated especially after December 9, with an increase of 450,000. The number of daily active addresses hovers around 166,000.
Such trends in altcoins could contribute to increased activity on the Dogecoin network and its growth. The number of Dogecoin holders has also increased by more than 400,000 since November, bringing the number of investors to 5.7 million.
Argentina has taken an important step in embracing digital currencies by officially integrating Bitcoin into legal contracts. The move, announced by Foreign Minister Diana Mondino on Thursday, forms part of a broader strategy by President Javier Milei's administration to increase economic freedom and reduce the impact of hyperinflation and devaluation on the country's economy.
#As the new year approaches, Ripple executives have made important predictions for the cryptocurrency industry in 2024. Aaron Sears, the company's Senior Vice President of Global Customer Success, predicts that a period is coming when traditional brands and web2 companies will drive mainstream crypto adoption. In particular, he expects tech giants such as Amazon, Uber and Apple to integrate crypto and blockchain into their business processes, following previous leaders such as PayPal, Mastercard, JPMorgan and Citi.
Ripple's CTO David Schwartz has predicted a significant transformation in the finance industry through the tokenization of real-world assets (RWAs) such as real estate and commodities on the XRP Ledger. According to Schwartz, this evolution is poised to revolutionize collateralized lending and interoperability within financial systems.
The Hong Kong Securities and Futures Commission (SFC) has given the green light for Virtual Asset Spot exchange-traded funds (VA Spot ETFs) to list on the Hong Kong Stock Exchange (HKEX). This development is a notable departure from mainland China's hardline stance on cryptocurrencies and underscores Hong Kong's push to solidify its position as an international financial centre.
Scheduled for launch on January 12, 2024, the DOGE-1 satellite, funded specifically by the cryptocurrency Dogecoin (DOGE), is drawing attention to the potential effects on the digital currency's market cap. Enthusiasts and investors think that this event could push the value of DOGE above $0.12.
oWorldcoin announced that it has ceased one of its operations in the Indian, Brazilian and French markets. This means that the Orb verification function has been suspended offline. Orb is a system that scans eyeballs and verifies identity. It was designed to facilitate recruitment in regions where traditional identity documents are not available
The company used to offer rewards in USDC to local Orb operators to incentivize offline recruitment. But then they started paying them in their native token WLD.
According to Moneycontrol's report, Worldcoin has "quietly halted" the Orb verification process in India. In addition, foundations such as Tools for Humanity have stated that Orb had limited plans in India, France and Brazil from the beginning.
The S&P 500 and NASDAQ, two of the most important markets in the US, witnessed the sharpest decline in the last 3 months on December 20, losing nearly 2% of their value. In parallel with these declines on the US side, the sudden rises observed in the cryptocurrency market, especially Bitcoin (BTC), attracted the attention of both investors and analysts.
The fact that the cryptocurrency market, which mainly moves in correlation with the US stock market, has moved in the opposite direction in the current days has been interpreted as a signal that market dynamics may be changing.
PancakeSwap announced today on its official website that it is working on a new plan to reduce the total supply of CAKE. According to the proposed proposal, the total supply of CAKE is expected to be reduced by 300 million units. Following this announcement, demand for CAKE assets increased, while the cryptocurrency has increased in value by more than 13% in the last 24 hours.
- A significant amount of XRP was transferred by an organization, signaling a potential strategic move or liquidity adjustment in the XRP ecosystem.
- Another crypto whale diversified its holdings by buying a mix of cryptocurrencies including Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Solana (SOL), Shiba Inu (SHIB), IOST, Polygon (MATIC) and Chiliz (CHZ). This portfolio expansion signals a bullish outlook for the sector or a hedging strategy against volatility in a single cryptocurrency.
Bullet Blockchain Inc. is strengthening its presence in the digital currency space with the installation of 30 new Bitcoin ATMs across Georgia as part of a broader initiative to deploy 10 such machines. The expansion, which began on Monday, underscores the company's commitment to meeting growing consumer demand for user-friendly cryptocurrency transactions.