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Analysts: Bitcoin may have reached a short-term bottom, and we could see a recovery towards $100,000
According to a Cointelegraph report, after weeks of strong selling, Bitcoin may be forming a short-term bottom. One market analyst believes that market conditions are ready to drive Bitcoin towards a recovery in the range of $100,000 to $110,000.
Trader Mister Crypto stated that the short-term structure of Bitcoin shows signs of stability after what he described as a "capitulation sell-off" in the market. He noted that indicators related to trader behavior show that while market sentiment has dropped into extreme fear territory, major players have begun to open new long positions, and this combination often historically signals a recovery during a downturn. One key technical signal he cited is the Relative Strength Index (RSI) on the weekly Bitcoin chart, which is currently approaching the 30 level. He said, "We see the Bitcoin bottom here. The RSI is nearing 30. Boom (hit the bottom)."
President Trump said: "Tariffs make our country rich, strong, great, and safe. The stock markets and 401k plans have reached record levels, and inflation, prices, and taxes have decreased. America is respected again, with unprecedented respect. All of this is thanks to strong leadership and tariffs. We pray to God that our nine Supreme Court justices show great wisdom and do the right thing for America." (Jane Shi) #IbrahimMarketIntelligence #USACryptoTrends
According to Lookonchain data, Circle has just minted an additional 500 million USDC on November 28. Both Tether and Circle have minted stablecoins worth 17.75 billion dollars after the "1011" market crash. $USDC
According to market information from GMGN, the market capitalization of the meme coin WOJAK in the Solana ecosystem briefly exceeded 60 million USD and currently stands at 58.58 million USD, an increase of over 38% in 24 hours. BlockBeats reminds users that meme coin prices are highly volatile, and users should exercise caution when investing. $SOL
According to Onchain Lens monitoring, in the last 10 minutes, BlackRock received 300 BTC from Coinbase, valued at 27.51 million dollars, and 16,629 ETH, valued at 50.64 million dollars. In the past three days, they received 4,044 BTC valued at 354 million dollars and 80,121 ETH valued at 235 million dollars. $BTC $ETH #BlackRock #IbrahimMarketIntelligence
According to a community source named doomer, Coinbase tweeted today about "Opensea's public offering next week", but quickly deleted it. The screenshot shows that Opensea tokens will be sold at an FDV valuation of 3 billion dollars, with a sale size of 5%, which means raising 150 million dollars. #opensea #IbrahimMarketIntelligence
The International Monetary Fund (IMF) has issued a new warning that the risks of a sudden collapse in the token market are increasing, and that governments will intervene in regulation. The IMF states that although the token market can make financial transactions faster and cheaper, this technology also brings new systemic risks, and automated trading may increase market volatility and the risk of sudden collapse. Complex futures contracts may lead to cascading reactions like dominoes under market pressure, turning local problems into systemic shocks. The IMF predicts, based on historical experience, that governments will not stand idly by in this important monetary development and will play a more active role in the token space in the future. #imf #IbrahimMarketIntelligence
During the past 24 hours, the list of net inflows of instant cryptocurrency funds is as follows: BCH net inflow of 65.67 million dollars; TRX net inflow of 15.80 million dollars; SOL net inflow of 3.02 million dollars; JUP net inflow of 2.02 million dollars; BAT net inflow of 1.81 million dollars. The list of net inflows of instant cryptocurrency funds is as follows: MET net inflow of 147 million dollars; BTC net inflow of 94.01 million dollars; ETH net inflow of 51.15 million dollars; ZEC net inflow of 40.29 million dollars; XRP net inflow of 32.78 million dollars. $XRP
Responding to CZ on a social media platform regarding "The continued building of the community is what drives BNB's rise," stating: "Although the price does not always correlate with value (building) in the short term, it does relate to it in the long term." $BNB #cz #bnb #BNB_Market_Update #IbrahimMarketIntelligence
Cointelegraph reported that the cybersecurity company Socket discovered a malicious browser extension for Chrome called "Crypto Copilot" that secretly steals funds from users' Solana transactions. This extension allows users to make Solana transactions directly from the social media platform X, but it adds extra instructions in each transaction, siphoning off at least 0.0013 SOL or 0.05% of the transaction amount. Unlike traditional wallet-stealing software, Crypto Copilot uses the decentralized trading platform Raydium to execute transactions, while adding a second instruction to transfer SOL to the attacker's wallet, while only displaying a summary of the transaction in the user interface, hiding the separate operation instructions. Since the extension's launch on June 18, 2024, it has had only 15 users so far. Socket has requested the extension's removal from the Chrome Web Store. Security experts remind users that the ecosystem of Chrome extensions has long been a popular target for cryptocurrency scams due to its massive user base and expandable design $SOL #raydium #chrome #cryptocpilot #Cointelegraph #IbrahimMarketIntelligence
According to 8Marketcap data, with Ethereum rising and surpassing $3000, the market capitalization of Ethereum assets temporarily reached $365.21 billion, surpassing LVMH to rank 40th globally in terms of asset market capitalization. $ETH #IbrahimMarketIntelligence #crypto
According to an official statement, BNB Chain has appointed Nina Rong as the Executive Director of Growth. Nina has dedicated her efforts over the years to expanding the global Web3 ecosystem and building partnerships that enhance ecosystem advancement. At BNB Chain, she will be primarily responsible for ecosystem development, enhancing developer support, and expanding our global reach. Our shared mission is to lead the next billion users into the blockchain world, making it easier for everyone to discover liquidity. $BNB
According to a CoinDesk report, the Ripple stablecoin linked to the US dollar, RLUSD, has been approved for use within the Abu Dhabi Global Market (ADGM), solidifying its compliant status in one of the most regulated cryptocurrency hubs in the world. Ripple stated on Thursday that this recognition by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi means that companies licensed by the authority can now use RLUSD in regulated activities. This approval places RLUSD among a select few tokens permitted to enter the closed financial system of ADGM. $XRP #ripple #UAE #IbrahimMarketIntelligence
According to official news, Lista DAO has officially launched its Real World Assets (RWA) product and listed it on the BNB network. This product integrates real-world assets through Centrifuge, receives price support from Chainlink, and users can deposit USDT to hold yield-bearing on-chain assets linked to U.S. Treasury bonds and AAA-rated corporate bonds. Currently, it is only available to whitelisted users, and the application channel has opened at the same time. $LISTA $RWA #IbrahimMarketIntelligence
The closure of the American market due to the Thanksgiving holiday has led to a liquidity shortage, which has amplified currency trading volatility. The US dollar is retreating from a six-month high it recorded a week ago, and is expected to post its largest weekly decline since July. Brent Donnelly, president of Spectra Markets, said: "The market will soon start thinking about the main trading strategies for 2026, and I strongly believe that taking a long position in the dollar will not be one of them." He stated that if Hasett, the White House economic advisor who advocates for interest rate cuts, is appointed as the new Fed chair, it would be negative for the dollar. (Jin Xie)
Tom Lee, Chairman of BitMine, stated today in an interview with CNBC that he expects the price of Bitcoin to exceed $100,000 before the end of the year. Regarding whether it will regain its historical high of $125.1,000 that it recorded in October before the year's end, he only provided an assessment of "maybe," but he said that "the best days of Bitcoin are still ahead." On November 21, Tom Lee stated that he still believes Bitcoin will reach $150,000-200,000 by the end of January next year. $BTC #TomLee #IbrahimMarketIntelligence
Arthur Hayes increased his holdings of ENA, PENDLE, and ETHFI. In the last thirty minutes, he received the following from the market maker Cumberland: • 2.01 million ENA worth $571,600; • 218,000 PENDLE worth $589,800; • 330,990 ETHFI worth $257,400. $ENA $PENDLE $ETHFI #cryptonews #IbrahimMarketIntelligence
Uniswap Labs tweeted that it has added support for the Monad mainnet, and users can perform cross-chain swaps and token exchanges in the Uniswap app. $UNI
The spot exchange-traded funds for Solana in the United States experienced net outflows of $8.2 million yesterday, ending a streak of continuous positive net inflows. Among them, TSOL saw net outflows of $34.4 million. $SOL #IbrahimMarketIntelligence #solana