Magnetic and Factora – a scam for the naïve. How they trick you out of your money
**Attention! If you think Magnetic and Factora are honest companies, you are already at risk.** These firms do not invest your money, they simply **steal** it, exploiting people's greed and foolishness. Let's analyze how they operate and why you **urgently need to run** from their "offers".
Greetings, crypto community! I want to share my observations and analysis of the situation with
, which, in my opinion, is currently at a critical point.
Technical indicators suggest a possibility of a significant price drop of
. On Monday, we saw the XRP/USD pair break an important support level at $2.20, which opens the way for a potential decline to $1.15 – and that's, mind you, a 50% drop from the current price.
Ethereum Price Correction: Where Are Large Investors Heading?
The recent correction in the price of Ethereum raises questions about the actions of large investors. Against the backdrop of a rising market, attention is focused on whether these influential players are doubling their investments in #Ethereum or shifting their focus to alternative opportunities. Understanding these strategic decisions may provide insight into the next direction of the market.
In the world of cryptocurrencies, where every new project strives to leave its mark, the meme coin Pepe ( ) stands out with its unique story and rapid rise in popularity. Launched in April 2023, inherits its roots from the world-famous internet meme of the frog Pepe, allowing it to quickly capture the attention of the crypto community.
BeInCrypto's editorial team has analyzed the five most promising real-world asset (RWA) tokens that could bring profits to investors in January 2025. Here's a quick overview:
SomeToken ( #STM ) - A unique approach to real estate tokenization, with innovative asset management methods.
XRP on the way to $15: experts predict a new record.
Cryptocurrency #XRP continues to surprise investors. Over the past week, its value has grown by more than 9%, and experts predict further growth to $15 by the end of January. XRP's growth is due to several factors:
Positive news: The expected decision in the SEC case against Ripple, the development of the Ripple ecosystem, and the growing interest of institutional investors. Strong technical indicators: Technical analysis confirms the bullish trend. High activity on exchanges: XRP trading volume shows strong buying demand.
Galaxy Research named the timeline for Bitcoin to reach a new high
Galaxy Research analysts predict that Bitcoin will exceed $150,000 in the first half of 2025 and test the $185,000 level by the end of the year. Throughout its existence in the market, Bitcoin has shown higher growth rates compared to other assets, and this trend, according to experts, will continue: "Bitcoin will become one of the most profitable assets adjusted for risk and may test the $185,000 level in the fourth quarter," the analysts noted. They also predict that the total assets under management of spot Bitcoin ETFs will reach $250 billion in 2025. "Just a year after launch in the U.S., Bitcoin-based exchange-traded products account for only 19% of the total assets of funds based on physical gold," the experts emphasized.
Technical analyst Chandler Bing predicts that in the long term, the price of Dogecoin (#DOGE ) could rise sevenfold, reaching a range of $2.35 to $2.6, calling this forecast a "conservative scenario."
Bing's forecast relies on past market trends, where Dogecoin showed significant growth compared to Bitcoin and Ethereum during previous bull market phases.
The MIRA memecoin, built on the Solana blockchain, has gained immense popularity, raising $80 million in funding in just a few hours after its launch. The project has a deep personal story connected to four-year-old Mira Chen, who suffers from a rare brain tumor. Xiqi Chen, Mira’s father, received half of the MIRA tokens from an unknown trader. He decided to use these tokens for charity. Chen plans to sell 10% of his tokens, directing the funds to brain tumor research and treatment, making MIRA not only an investment tool, but also a project with high social value. #Crypto2025Trends
Ripple Court Case: Latest News and Their Impact on the Crypto Community
The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to attract the attention of the crypto community, especially after the recent court decision. Here are the key points to know: Court's decision: Judge Analisa Torres ruled that the sale of #XRP directly to institutional investors violates SEC rules, but offering tokens to retail investors on exchanges is not a violation. This ruling has become an important precedent for cryptocurrency regulation in the U.S.
Binance: your first step into the world of cryptocurrencies
The world of cryptocurrencies is enticing with its dynamics and opportunities, but where to start? Binance is a great starting point for beginners! Why Binance? * Simplicity: an intuitive interface accessible even to those encountering cryptocurrencies for the first time. * Reliability: Binance is the world's largest cryptocurrency exchange with a high level of security.
Shiba Inu is keeping pace with the bull market and striving for new heights. Despite a slight decline over the day, the token has increased by 11.5% over the week and by 68% over the month.
Growth factors:
* Overall bullish trend in the cryptocurrency market.
* Development of the Shiba Inu ecosystem and launch of new projects.
* Launch of SHIB DAO in early 2025. The DAO will help the Shiba Inu community make decisions and develop the ecosystem.
* SHIB Doggy DAO will ensure transparency and security in asset management.
Forecasts:
* CoinCodex predicts that Shiba Inu will end the year at $0.00003211.
* According to technical indicators, sentiment is optimistic, and the fear and greed index indicates "extreme greed."
Conclusion: Shiba Inu demonstrates serious intentions and has the potential for further growth. $SHIB
Hedera (HBAR) has burst into the top 20 cryptocurrencies with a growth of 700%
The token <t-47/>#HBAR , the native coin of the Hedera Hashgraph blockchain project, soared in price by 700% in a month and entered the top 20 cryptocurrencies by market capitalization. What is Hedera Hashgraph? This is a public blockchain launched in 2019 as a platform for decentralized services for businesses. Hedera is characterized by high scalability and low fees. The governing council of the project includes giants such as Boeing, Deutsche Telekom, IBM, and Google.
$XLM $Altcoin season has begun: benefits for crypto exchanges and startups.
Altcoins are taking market share from Bitcoin, which is beneficial for crypto exchanges and startups. What is altcoin season? This is the period when most altcoins show better results than Bitcoin. Currently, 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. Reasons for the growth of altcoins:
* Growing popularity of XRP, XLM, SUI, Cardano (ADA).
* Increased attention to cryptocurrencies other than Bitcoin.
* Speculative optimism and hope for high profits.
* FOMO effect (fear of missing out).
Possible trends of the altcoin season: * DeFi. * GameFi. * DePIN. * Memcoins.
Benefits for the crypto industry:
* Crypto exchanges: increased trading volumes and profits.
* Startups: an opportunity to attract investment and try out new concepts.
* Smart contract networks: expanding platforms for new altcoins.
Additional factor:
* US policy is expected to become more friendly to cryptocurrencies after the resignation of SEC Chairman Gary Gensler. Conclusion: The altcoin season stimulates the development of the crypto market, creating new opportunities for exchanges, startups and investors.
Bitcoin balances on exchanges are shrinking rapidly
Markus Thielen reports a sharp decline in Bitcoin balances on cryptocurrency exchanges. Unlike August, when there was an influx of Bitcoin into exchanges, the situation is now the opposite. Key points:
* Only three exchanges (Bitfinex, Binance, and Coinbase) have enough Bitcoin reserves to meet demand.
* Taking into account the influx of liquidity into spot Bitcoin ETFs, Bitfinex's reserves will last no more than a year, and the rest of the exchanges have even less.
* The supply deficit of Bitcoin will increase, which may lead to an increase in its price. Additional information:
* CryptoQuant analysts note the stabilization of the Bitcoin exchange rate.
* For Bitcoin to grow further, demand for the asset must increase.
Conclusion: The reduction in Bitcoin balances on exchanges may signal a future deficit and an increase in the price of the cryptocurrency. $BTC
#XRP continues its triumphant march, displacing #BNB from the top 5 cryptocurrencies by market capitalization. In November, XRP's capitalization exceeded $100 billion, demonstrating growth of more than 250%. Another big news: Ripple's stablecoin, #RLUSD , will be launched on December 4. Other events in the crypto industry:
November NFT sales reached $562 million, up 57.8% from October.
Key Takeaways:
November sales were the highest since May 2024. Despite the increase, they are far from the $1.6 billion peak reached in March 2024. CryptoPunks NFT collection saw significant growth in sales and value.
Additional Reading:
Unique buyers and sellers fell in November. 98% of NFTs minted in 2024 are "dead," according to NFTEvening and Storible.
Bottom Line: The NFT market is showing signs of recovery, but is far from its previous highs. #APE👍👍👍👍👍