Author: Timmy Grimberg

The crypto market continues to face a sharp downturn, shedding around 10% in the past 24 hours after the Federal Reserve’s latest policy update.Bitcoin’s price plunged nearly 10%, hitting a low of $93,000. This marks a stark reversal from its recent high of $108,268 earlier this week.The drop brings Bitcoin to its lowest level since mid-November, when it was riding a bullish wave spurred by market optimism following Donald Trump’s election victory.Ethereum faced an even sharper fall, dropping by almost 15% and reaching $3,100—its weakest position since late November.Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), also recorded double-digit…

Follow Nikolaus On 𝕏 Here For Daily Posts HODLing bitcoin is so simple, yet it’s one of the most difficult and challenging things to do.HODLing bitcoin is a choice. You have to wake up every day and choose to continue HODLing BTC. When you have every reason to sell bitcoin, you have to continue HOLDing. This is where most people fail. The anxiety of losing money kicks in. The fear of being wrong becomes a cloud over your head and you start to wonder if you’re wasting your time and ruining your future by HOLDing bitcoin. It really isn’t for…

Join Our Telegram channel to stay up to date on breaking news coverage Ark Invest dumped Coinbase (COIN) shares worth about $3.9 million from its Fintech Innovation exchange-traded fund (ARKF) on Dec. 18 amid a 10% drop in the exchange’s share price and after Chair Jerome Powell surprised markets when he said the Fed will have a cautious stance on rate cuts going forward. The sale by ARK Invest marks one of the biggest by the investment firm since it sold $2.8 million worth of COIN on Sept. 23. COIN Is ARKF’s Second-Largest Holding Recent disclosures by the Cathie Wood-led…

SecondLane, a private markets trading platform, has listed a 1% equity stake in Pump.fun for $15 million. This puts Pump.fun’s fully diluted valuation (FDV) at $1.5 billion. Token Launch and New Trading Features The stake can be purchased on SecondLane’s web app and through its Telegram channel, where new offerings are regularly announced. Pump.fun, which has yet to launch a native token, is a Solana-based platform built around the meme coin trading frenzy. It has attracted a significant user base and boasts considerable transaction volume. According to DefiLlama data, Pump.fun is currently the eighth highest-earning blockchain protocol, just below key…

The most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI) tokens will gain traction and lead the market this upcoming year. Nearly 20% of the responders expect governments to enact more […]

XRP has climbed to the third spot among cryptocurrencies by market cap, overtaking the world’s largest stablecoin Tether (USDT) as well as the “Ethereum Killer” Solana (SOL). Data from CoinMarketCap reveals that XRP’s capitalization has surged past $1350 billion, leaving only Bitcoin (BTC) and Ethereum (ETH) ahead in the rankings. Over the past seven days, XRP has increased by almost 70%, pushing its price near $2.5, a level not seen almost seven years ago. What’s Powering XRP’s Rally? The XRP rally can be traced to a series of political and regulatory developments alongside renewed market speculation. Donald Trump’s election as…

An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts. The “TD Sequential” is an indicator from technical analysis (TA) used to locate probable turnaround points in a given asset’s price. The indicator involves two phases: the setup and countdown. During the first of these…

Join Our Telegram channel to stay up to date on breaking news coverage The importance of utility-based tokens in the cryptocurrency market cannot be overstated. These tokens, underpinned by real-world applications, often provide significant returns for early investors. Best Wallet is a Web3 ecosystem encompassing a decentralized exchange (DEX), wallet functionalities, and a strong focus on utility. Having already successfully raised an impressive $5 million during its presale, many analysts predict that Best Wallet has the potential for substantial growth, with expected returns ranging from 10x to 100x. The benefits of using Best Wallet for managing digital assets Cryptocurrency wallets…

BlackRock’s iShares Ethereum Trust ETF (ETHA) has reached 1 million ETH in holdings, worth more than $4 billion. This milestone, attained on December 18, 2024, is a remarkable feat for the fund, which was founded only six months earlier in July. As institutional interest in cryptocurrencies grows, this ETF emerges as a frontrunner among newly released Ethereum products. Institutional Interest On The Rise BlackRock’s growing holdings in Ethereum ETFs are part of a bigger trend of big companies investing in cryptocurrencies. In 2024, billions of dollars were invested in new Bitcoin and Ethereum exchange-traded funds. According to blockchain tracker Lookonchain,…

Bitcoin experienced outflows of $457 million in the past week, marking the first significant withdrawals since early September. CoinShares interpreted this figure as profit-taking after BTC tested the key psychological level of $100k. Short-Bitcoin products saw a modest inflow of $0.5 million during the past week. On the other hand, altcoins mostly attracted inflows, including Ripple’s XRP. According to the latest CoinShares report, Ethereum saw inflows totaling $634 million, reflecting a dramatic shift in sentiment that has driven its year-to-date inflows to $2.2 billion, surpassing its 2021 record of $2 billion. XRP experienced inflows of $95 million, the largest on…