🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸Ross Ulbricht has been granted a full and unconditional pardon by President Trump.
🔹President Trump found out that he made several billions with his #memecoin launch and said that it’s peanuts.
🔸Crypto. com has launched its institutional-grade exchange in the U.S., offering advanced trading tools and over 300 #cryptocurrencies with low fees and deep liquidity.
🔹Bitcoin mining in Texas has proven to stabilize the grid and save taxpayers $18 billion by reducing the need for costly gas peaker plants.
🔸KULR Technology Group has purchased $8M in #Bitcoin holding.
🔹Coinbase CEO Armstrong says the exchange would delist Tether if required by law, as US legislation may mandate full reserves in US Treasury bonds.
🔸President Trump will announce a joint venture by OpenAI, SoftBank, and Oracle, called Stargate, with an initial $100 billion investment in U.S
🔹The SEC has launched a new crypto task force, led by Commissioner Peirce, aimed at establishing a clear regulatory framework for the cryptocurrency industry.
🔸MicroStrategy shareholders approve increasing shares from 330M to 10.3B (55.8% approval), clearing a path for more #Bitcoin acquisitions.
🔹Rex Osprey files $TRUMP, $BONK, and $DOGE ETFs with the SEC.
UPDATE: 📊 The market dips after President Trump's inauguration, with no executive orders yet despite his crypto involvement. Trump is expected to speak to the press later today, will he mention crypto? $BTC $SOL $TRUMP
🔥 NEW: Blogger Layergg mapped connections between Donald Trump's new administration and crypto projects, allegedly revealing some officials are direct investors or advisors, while others have indirect ties, similar to Elon Musk's link with $DOGE.
Today on 6:0 pm • During standard time (CET) (UTC+1): 5:00 PM UTC • During daylight saving time (CEST) (UTC+2): 4:00 PM UTC PRESIDENT TRUMP SPEAKS AND IT WILL Change the market movement. Be ready to a massive explosion 💥. $BTC $SOL $TRUMP
We are just 2 days away from Donald Trump officially stepping into the White House for his second term, and the crypto markets are already heating up!🔥 Get ready for a massive explosion in the market as history repeats itself.
Back in November 2024, the crypto market went parabolic right after Trump’s re-election. Coins like Bitcoin (BTC), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP) skyrocketed between November 6 to November 20, 2024, delivering jaw-dropping returns.
💡 Here’s why you should act NOW: The same reaction is expected as Trump assumes office on January 20, 2025. These coins have already shown their potential during his re-election period, and they are likely to repeat or even surpass their previous performance.
🔥 Coins to Watch and Buy: 1. Bitcoin (BTC) – The king of crypto surged past $93,000 in 2024. 2. Dogecoin (DOGE) – 800% gains after Elon Musk joined Trump’s government. 3. Ethereum (ETH) – A strong performer with steady upgrades. 4. Solana (SOL) – Known for its speed and scalability. 5. Ripple (XRP) – Thrived on positive market momentum. 6. Binance Coin (BNB) – Always a solid choice for growth. 7. Cardano (ADA) – A long-term winner with tech-driven growth.
🕒 Timing Is Everything!
Position yourself now to ride the wave as the markets react to Trump’s pro-crypto policies. Don’t wait until the pump starts—be ahead of the curve.
Let’s make 2025 a record-breaking year in crypto! 💸 What’s your pick for the next moonshot? Share below! ⬇️
1. Trend Channel: • Bitcoin is currently trading within an upward trend channel (white dashed lines). • The lower white trendline acts as a support, and the upper white line serves as resistance. 2. Key Observation: • If Bitcoin breaks below the lower white trendline, it signals a potential end to the current upward momentum. This could trigger a pullback towards the blue support levels. 3. Next Targets (Blue Lines): • If the price falls below the trendline: • First Support Level: ~$94,120 • Second Support Level: ~$91,417 • Third Support Level: ~$87,057 • These levels could act as potential support zones based on historical price action. 4. Volume Analysis: • The volume appears to be significant during recent moves, indicating active participation and strong momentum in either direction. 5. Critical Resistance: • If Bitcoin stays within the channel, the next upward target lies near the upper resistance (approximately ~$107,221 or higher).
Conclusion: If Bitcoin breaks below the trendline, the $94,120, $91,417, and $87,057 levels will likely serve as key downside targets. However, if it maintains the channel, further upside continuation towards $107,221 or higher is possible. Monitoring volume and candlestick patterns will provide additional confirmation for the direction.
In the past 24 hours , 368,486 traders were liquidated , the total liquidations comes in at $1.22 billion The largest single liquidation order happened on Binance - ETHUSDT value $15.80M$BTC $ETH $SOL
Hut 8 today announced the purchase of approximately 990 Bitcoin for approximately $100 million, or an average of approximately $101,710 per Bitcoin. Combined with the Bitcoin held prior to this purchase, Hut 8’s strategic Bitcoin reserve now totals more than 10,000 Bitcoin with a market value of more than $1 billion as of December 18, 2024.$BTC