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Bitcoin Coinbase Premium Registers Red Plunge: BTC Rally Done?

пт, 12/20/2024 - 18:00

Data shows the Bitcoin Coinbase Premium Index has plunged into the negative territory alongside the latest asset price downturn.

Bitcoin Coinbase Premium Index Is Currently In The Red Zone

As explained by an analyst in a CryptoQuant Quicktake post, the Coinbase Premium Index has seen a decline recently. The “Coinbase Premium Index” refers to an indicator that keeps track of the percentage difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair).

The value of this metric tells us how the buying or selling behaviors differ between the userbases of the two cryptocurrency exchange giants.

To be more specific, Coinbase’s main traffic is US investors, especially the large institutional entities, while Binance has users from around the world, so the indicator compares the behavior of the American whales with the global ones.

Now, here is a chart that shows the trend in the Bitcoin Coinbase Premium Index over the past week:

The above graph shows that the Bitcoin Coinbase Premium Index has observed a sharp plunge into the negative territory during the last 24 hours. Coinciding with this drawdown in the indicator has been the crash in the cryptocurrency’s value itself.

The negative indicator suggests the asset is observing a higher amount of selling pressure on Coinbase than on Binance. Thus, given the timing of the trend, it would appear the selling from the Coinbase users has been driving the price decline.

This pattern has been observed throughout 2024; the price has shown notable correlation with the Coinbase Premium Index. As such, the Coinbase users, or the American institutional investors, have been in the driving seat.

If the indicator’s value continues to be negative in the coming days, then it’s possible that Bitcoin would only see an elongation to its decline. It only remains to be seen, though, what the US-based whales decide to do next.

In some other news, the institutional holders haven’t been the only ones participating in selling recently, as another analyst has pointed out in a Quicktake post that the Bitcoin Binary Coin Days Destroyed (CDD) has spiked.

The Binary CDD keeps track of whether dormant tokens are on the move. Aged coins belong to the HODLers of the market, so whenever the indicator spikes, it’s a sign that the long-term holders have potentially decided to sell their coins.

The chart shows that the Bitcoin Binary CDD has recently been flashing this signal, meaning that the asset has been facing selling pressure from the diamond hands.

BTC Price

At the time of writing, Bitcoin is floating around $100,400, down more than 3% over the past day.

Is Bitcoin Dominance About To Give Way To Altseason? Analysts React

пт, 12/20/2024 - 16:30

Bitcoin (BTC) tumbled from a high of $108,135 on December 17 to $99,500, following US Federal Reserve (Fed) Chair Jerome Powell’s hawkish remarks yesterday. However, some crypto analysts are pinning their hopes on a potential decline in Bitcoin Dominance (BTC.D) that may pave the way for an altseason.

What Caused The Crypto Market Crash?

Since yesterday, the total crypto market cap has fallen by more than 6%, with the bulk of the losses recorded in altcoins. In absolute terms, over $200 billion has been wiped out from the crypto market in the past 24 hours.

Powell’s hawkish statements triggered the decline in the crypto market, which suggested that the Fed’s battle against inflation is not over yet. Powell indicated that there might only be two interest rate cuts in 2025 instead of three.

Additionally, the Fed has raised the 2025 inflation forecast from 2.1% to 2.5%. Even the 2026 forecast is pegged at 2.1%, higher than the central bank’s goal of 2%. The Fed sees inflation as an issue that might persist for another two years, resulting in interest rates remaining high for longer than initially anticipated.

The crypto market reacted negatively to Powell’s statements, resulting in liquidations exceeding $850 million in the past 24 hours. Nevertheless, some crypto analysts view the fall as an opportunity to accumulate altcoins, expecting BTC.D to decline in the coming days.

Is Bitcoin Dominance About To Collapse?

According to the following chart, during the weekly timeframe, Bitcoin Dominance has been on a continual uptrend for the past two weeks, rising from 56.24% to 58.50% at the time of writing. Some analysts are confident that BTC.D is forming a lower high, which may be followed by a steep decline leading to a full-fledged altseason.

Bitcoin analyst Eric Crown took X to share his thoughts on the BTC.D chart. The analyst noted that the metric may fall to 54% after a small surge to 59%. 

Another crypto analyst @CryptoGoos noted that BTC.D top is already in. The trader added that the altcoin season will likely continue after BTC.D gets rejected from resistance levels between 58% and 59%.

Similarly, Bitcoin and stock market analyst Seth highlighted BTC.D’s behavior during the last two market cycles. He stated that BTC.D might follow a similar trajectory this cycle, consolidating at a key support level of around 58% before an eventual crash.

That said, former BitMEX exchange CEO Arthur Hayes recently shared his crypto market outlook, predicting a “harrowing dump” around US President-elect Donald Trump’s inauguration on January 20, 2025. BTC trades at $100,978 at press time, down 3% in the past 24 hours.

PARCL DEX Dips as Solaxy ($SOLX) Attracts Buyers from Solana, Ethereum, and BNB

пт, 12/20/2024 - 15:08

Parcl ($PARCL) has taken a knock, with a price decline of -13.10% in the past seven days. As a real estate trading DEX, PARCL provides traders with the option of major city indices, among them New York, Los Angeles, and Dubai. Parcl is built on a smart contract platform on Solana.

Parcl was recently included on crypto exchange Coinbase, prompting a price spike, albeit a short-lived one. Parcl’s native token reached $0.586 on December, 17 but has since dropped to around $0.35.

It’s not unusual for a token price to rise and drop following a new exchange listing. And $PARCL’s price -13.10% is still favorable compared to similar DeFi currencies, which are down -17.60% in the same period.  Solana, too, has also been seeing a downward trend for close to a month now. But that’s expected to see a turnaround, on the back of $SOLX.

Is $SOLX Stealing Parcl’s Limelight?

The Solaxy ($SOLX) presale is in full swing, with investors racing to secure tokens at an early bird price. $SOLX’s massive investor appeal lies in its building of a Solana Layer 2 blockchain, with plans to be a vastly improved version of the Solana ecosystem. 

Solana’s high transaction volumes (close to 179M in the past week alone) are prone to congestion and failed transactions. And these are the issues Solaxy will tackle, along with scalability. 

It’s not just Solana that’s set to score. Solaxy is a multi-chain solution, which is good news for Ethereum as well as for Binance. But it also means the Solaxy presale is drawing investors from Solana, Ethereum, and BNB, which isn’t great news for the PARCL DEX, or $PARCL’s price.

Solaxy Presale Is Grabbing Investor Attention 

Since launching just over five days ago, the Solaxy presale raised $350K in its first 24 hours. As at the time of writing, that figure has already skyrocketed to an eye-watering $3.46M. It’s an exciting space to watch, as the investor frenzy gathers momentum, buoyed by 1092% annual returns. So far, an estimated 1051B $SOLX has already been staked.

Investors can get their hands on $SOLX through Solaxy’s official presale site, with $ETH, $BNB, $USDT, and card among the payment options. Buying $SOLX with $BNB in the presale, however, means holders won’t be eligible for the 1092% annual returns. 

Buying $SOLX by card requires a crypto wallet, like MetaMask or Best Wallet. Both are free, although the mobile-first Best Wallet app is also 100% non-custodial. This is always a plus if you want a crypto wallet that doesn’t belong to a centralized exchange or company. 

Solana Set for a Comeback with $SOLX

In this current presale stage, 1 $SOLX costs $0.00158. But, of course, being a presale, a price rise is imminent. The next increase will happen within just more than a day. So, the clock is ticking if you want to buy $SOLX at entry level prices. 

Be sure to first DYOR, as this article does not constitute financial advice. Check out the $SOLX whitepaper for more information and for updates, keep an eye on the $SOLX X feed.

Hunting for 100x Coins? Discover 5 Promising Low-Cap Gems

пт, 12/20/2024 - 14:10

If there’s a gold standard for the next big thing in crypto, it’s 100x growth.

That’s the mark every crypto investor wants to hit. Sink $100 into the next 100x crypto, and you’ve made $10K. Invest a thousand, and you’ve made $1M.

Of course, finding those projects is harder than it seems. For every project that succeeds, dozens fail, and even more barely get off the ground.

Savvy crypto investors know that the key to 100x success is to research, research, research – and make sure you’ve got a good idea of which upcoming projects have real potential to go through the roof.

But, if you’re hunting for 100x coins, take a look at these 5 promising low-cap gems.

Plankton in Pain: Everyone Say $AAHHM

Already launched and trading briskly, Plankton in Pain is as pure a meme coin as it gets: zero utility, all meme, all hype.

Despite that – or perhaps because of it – $AAAHHM is receiving a lot of buzz. The price saw the expected jump post-launch but leaped again in the first week of trading. Today, it has a market cap of around $41 million.

In short, keep an eye on Plankton in Pain; if momentum continues, 100x is easily achievable.

WEPE: Trade Like PEPE, Buy WEPE

Pepe Coin – the original green frog – is no small-cap gem, with a $6.8B market cap. But low-cap rival, Wall Street Pepe, has its sights set high, aiming for big-cap success without ever losing that small-cap energy.

While still a meme coin at heart, $WEPE has the potential to add real utility. Wall Street Pepe is all about helping crypto investors and degens work together to find the best plays and the savviest investments. As the project grows, it aims to build communities for $WEPE holders to trade secrets and insights and ultimately beat the Wall Street whales at their own game.

$WEPE is rolling through its presale, having raised 34.4M so far. Previous frog-themed presales, like Pepe Unchained, raised over $70M, so $WEPE holds plenty of promise to grow, even in the presale stage. 

Purple Pepe: What If Pepe, But Purple?

Purple Pepe moves Ethereum’s Pepe Coin over to Solana and gives it a touch of the Solana color scheme.

$PURPE launched back in 2023, so it’s been around a while. But in the past month, Purple Pepe has been trading well above its historical average.

In fact, $PURPE is one of the few coins to have shown a notable increase in its trading volume and price over the past week. This is notable in the broader cryptocurrency market context, which has generally been in decline.

This alone makes Purple Pepe one to watch.

Catslap: Slap to Earn? Why Not?

CatSlap combines an aggressive meme message with a fun game. And cats, of course.

The result? A meme coin that’s up 3,038.6% since launch and trading briskly on MEXC.

The project has everything the internet loves, plus it’s still flying a bit under the radar. That makes it the ideal low-cap meme coin to potentially make big moves.

Load your $SLAP tokens on a reliable crypto wallet like Best Wallet and get busy slapping.

SOLX: Bringing a Layer-2 Upgrade to Solana

Is Solaxy a meme coin? Maybe. But it’s also a coin with genuine utility in the form of a Solana Layer 2. The idea is to improve the already solid foundation of the Solana blockchain, aiming to achieve zero failed transactions and decrease network congestion.

There’s more than a dash of meme coin madness with $SOLX, but there’s also potential for real blockchain development. After the presale and launch stages, Solaxy intends to build and deploy an L2 that reduces congestion, limits downtime, and increases Solana’s already-fast transaction speeds.

The project has already brought in $3.4M in presale, making it one worth watching closely. 

Low-Cap: The Place To Find Hidden Gems

What are small-cap or low-cap coins?

The phrase comes from the stock market. Large-cap stocks – like Apple, Microsoft, and others – have billions or trillions of dollars in market capitalization, which is calculated as roughly the number of circulating shares multiplied by the stock price.

The overall size of the crypto market is much smaller than the stock market; only Bitcoin’s $1.8T market cap puts it close to being in the true large-cap range. 

But even within crypto, you get blue-chip cryptos like $BTC and Ethereum and then a wide range of much smaller altcoins and meme coins.

Like the stock market, though, small-cap cryptos offer the opportunity for incredible growth. Bitcoin, being a mature and stable coin, is unlikely to go 100x in a short period of time; but small-cap tokens like $SLAP can and do increase by 100x or even more.

That makes them incredibly high reward, but also high risk. When trading small-cap coins, remember that with lower liquidity comes increased volatility. It only takes one or two whale wallets selling tokens to cause the price to plummet.

Small-Cap, Big Gains

Low-cap coins have the potential for huge growth if they gain traction, as they’re often undervalued. But the bottom can fall out just as quickly. That’s why it’s important to do your own research before investing in any cryptocurrency.

That said, watch these five closely – the next 100x coin might be hidden right here. Our money’s on $WEPE, as frogs have historically exceeded expectations, but please note that this does not constitute financial advice.

Despite the astronomic gains worthy of /r/wallstreetbets, there’s always the potential for equally big losses. Never invest more than you can afford to lose, and always conduct your due diligence.

Bitcoin Whale Moves 72,000 BTC Aged 5-7 Years – Top Signal Or Altseason?

пт, 12/20/2024 - 13:30

Yesterday’s Federal Reserve meeting resulted in a 25 basis point rate cut and a revised policy indicating fewer cuts than anticipated next year. The announcement triggered a significant market retrace, with Bitcoin leading the downturn.

BTC dropped 8% from its all-time high, briefly testing liquidity levels before bouncing above $98,000. This retrace wasn’t limited to crypto; broader markets also experienced volatility in response to the Fed’s decisions.

Adding intrigue to the situation, CryptoQuant shared data revealing a massive move by a longstanding BTC whale. Over 72,000 BTC were transferred, raising speculation that this could signal a market top. Historically, such large movements by early adopters often precede critical price shifts, as their actions influence market sentiment and liquidity.

Despite the drop, Bitcoin’s ability to hold above key liquidity zones has reassured some investors. However, questions remain: is this merely a shakeout to fuel further gains or a precursor to a deeper correction? 

Analysts and traders will closely watch Bitcoin’s next moves, especially with this unprecedented whale activity coinciding with a pivotal moment in macroeconomic policy. The coming days could prove decisive for BTC’s short-term trajectory and its journey into price discovery.

Bitcoin Whales Making Moves

After Bitcoin’s massive breakout from $67K to $108K, the market has witnessed a shift in sentiment as smart money begins to position itself for the coming months. As the price surged, large investors, including long-time Bitcoin whales, have been actively moving their holdings, signaling that important changes may be on the horizon.

Top analyst Maartunn shared on-chain data showing significant whale activity, including the total movement of over 72,000 BTC. Notably, 8,000 BTC, aged between 5 and 7 years, were moved on-chain in a recent transaction. 

This is the eighth transaction in the past two weeks, indicating a pattern of substantial whale movements. These transactions could be interpreted in one of two ways:

Whales are calling for a market top: The large-scale transfers could signify that these whales believe BTC has peaked and are selling their positions to capitalize on the price surge. In this case, these whales could be looking to take profits before a potential correction or consolidation phase.

Whales are repositioning for an Altseason: Alternatively, these moves might indicate that whales are rebalancing their portfolios, preparing to deploy capital into altcoins as they expect the market to shift toward altcoin rallies, also known as Altseason.

As these large transactions continue, the market is left wondering whether this is a signal of a top or just part of a larger strategic repositioning by Bitcoin’s biggest holders. Investors will closely watch how this unfolds in the coming weeks.

BTC Holding A Bulish Structure

Bitcoin is trading at $102,300 after testing local demand at $98,695 earlier today. The price structure remains bullish, with a clear formation of higher highs and higher lows, indicating the market uptrend. 

For BTC to maintain its momentum and push towards new highs, it must break above the $103,600 level, which was a key pivot last week. This level has shown significant importance as it marked a resistance point, and surpassing it would solidify Bitcoin’s bullish outlook and open the door for further gains.

However, a failed breakout above this level could signal a shift in sentiment, and if BTC loses the $100,000 support level, a correction is likely to follow. A drop below this critical threshold would indicate that selling pressure is intensifying, and the market may need to retrace before finding a new support base. 

Traders and investors will closely monitor the $103,600 and $100,000 levels in the coming hours to gauge Bitcoin’s next move and whether the bullish trend can continue or if a short-term correction is imminent.

Featured image from Dall-E, chart from TradingView

Crypto All-Stars Presale Ends in a Few Hours: Investors Eyeing a 10X Boom Post-DEX Launch

пт, 12/20/2024 - 12:36

$BTC dipped to $96,660 and triggered a broader sell-off in the altcoin market. Yet, investors remain bullish and shift their attention to rising stars that could surge 10X. One such newcomer is Crypto All-Stars ($STARS), which raised over $1 million in the past 24 hours.

The project introduces the world’s first unified meme coin staking platform, MemeVault. Degens and HODLers can now earn passive yields from legendary tokens like $DOGE, $PEPE, and $SHIB.

FOMO intensifies as the presale ends in four hours–investors rush to secure their share of Crypto All-Stars and triple their MemeVault staking rewards.

MemeVault Brings Top Meme Coins Under One Umbrella, Offers Up to 1,362% Staking APY

MemeVault is unique in the sense that it builds upon the success of all popular meme coins. Whether you stand for dogs, frogs, or Japanese cats, MemeVault welcomes everyone wishing to grow their holdings.

Upon launch, MemeVault will support 11 top meme coins, but more will become available along the way. The current known APYs are as follows: $DOGE (287%), $SHIB (125%), $PEPE (1,267%), $WIF (1,362%), and $BRETT (104%).

On top of that, $STARS is a utility token concealed as a meme coin. It’s meant to be held because it triples your MemeVault staking rewards. Its integral role in the ecosystem future-proofs $STARS, as HODLing creates scarcity and drives demand for remaining tokens in circulation.

$STARS puts your otherwise zero-utility meme coins to work, all under one umbrella–isn’t it visionary?

Experts Predict $STARS to 10X After Listing

$STARS will be available at $0.0016782 for the next four hours if tokens don’t sell out earlier. Early supporters can still stake their $STARS at a 140% APY to maximize potential returns. Staking rewards will be distributed over two years at a rate of 2801.44 $STARS per ETH block.

With over $25M raised, $STARS resembles another hot meme coin launch, Pepe Unchained ($PEPU), which surged over 230% in two days after raising $73M on presale. While the projects aren’t affiliated, both display strong utility and early momentum, which suggests $STARS could follow in $PEPU’s footsteps.

Key opinion leaders like ClayBro already recognize $STARS’ potential and predict its price will 10X after listing.

While the project team doesn’t disclose specific listing platforms, the community anticipates $STARS to first launch on high-liquidity DEXs like Uniswap and later on tier-1 CEXs like Binance.

It’s true that tier-1 platforms only list legitimate projects. That’s why Crypto All-Stars passed independent audits by Coinsult and SolidProof, which identified no vulnerabilities or bugs in its code and certified that user funds are safe.

Time Waits for No Man, So Act Now

Time is ticking, so hurry up if you want to get $STARS at a below-listing price. Given that it appeals to the communities of all famous meme coins, the demand will only continue to grow, so there might be another chance to buy $STARS cheap like now.

To buy $STARS, visit the official Crypto All-Stars presale, connect your wallet, and swap $ETH, $BNB, or $USDT for $STARS. You can also pay with a bank card if this is your first crypto bull run.

Then, follow Crypto All-Stars Telegram and X to keep up with news about the token claim, MemeVault updates, and community initiatives.

As always, we remind you to DYOR and invest only as much as you can afford to lose. Even tokens with solid utility may fall victim to external factors.

120,000 Bitcoin Theft: Bitfinex Hacker Refutes Netflix Documentary’s Story

пт, 12/20/2024 - 10:30

In a direct address to the public, Ilya Lichtenstein, who pleaded guilty last year to charges connected to the 2016 theft of approximately 120,000 Bitcoin from the crypto exchange Bitfinex, issued a new statement on Thursday refuting alleged third-party involvement in the hack. His five-minute video, posted to X, represents Lichtenstein’s first publicly available statement since his arrest in 2022. He directly challenged claims made in a Netflix documentary suggesting his father—or any external party, including possible foreign intelligence agencies—participated in the infamous heist.

Lichtenstein Stole 120,000 Bitcoin Alone

Speaking to the camera, Lichtenstein said: “I planned and executed the Bitfinex heist entirely by myself. And I am the one who bears full responsibility for everything that has happened.” He further disputed other speculations, stating: “Any allegations that my elderly and not at all tech-savvy father had any involvement in any hacking activity ever are completely false and frankly absurd.”

The 2016 hack of Bitfinex stands as one of the most significant security breaches in crypto history. At the time, the theft of 120,000 Bitcoin was valued at approximately $72 million, though the current market value of those coins is estimated to exceed $12.6 billion. Prosecutors have previously noted that Ilya’s wife, Heather “Razzlekhan” Morgan, became involved only after the fact, having pleaded guilty to one count of money laundering conspiracy and one count of conspiracy to defraud the United States.

In the video, Lichtenstein maintained that Morgan’s role did not extend to hacking or orchestrating the theft itself: “While it is true that my wife pleaded guilty to laundering a small portion of the funds, she was in no way involved in the hack itself. She didn’t even know about it for years.”

According to official statements and the plea agreement, Lichtenstein has been cooperating with authorities to facilitate the return of stolen funds. During the video, he reiterated these efforts: “For the past three years, I have worked hard to account for and return all assets down to the last Satoshi as required by my plea agreement. And I will continue to do so throughout the forfeiture and restitution process, which is expected to return more than $10 billion by the first quarter of next year.”

Lichtenstein openly acknowledged his wrongdoing: “I hacked Bitfinex. I stole and laundered thousands of Bitcoin. And I am so sorry for everything.” He expressed remorse and a desire to make amends, describing himself as having made “one bad selfish decision after another” during the period of the hack and its aftermath. Emphasizing his sole responsibility, he stated: “Nobody else except for me is responsible for the hack.”

He also indicated plans for his future following the completion of his prison sentence: “When I am released from prison about a year from now, I plan to dedicate myself to working in the cybersecurity industry.” Claiming a unique perspective informed by his past illicit activities, Lichtenstein believes he can contribute to cybersecurity defenses going forward: “Nobody understands how hackers think like someone who has been a hacker… I know the cyber threats that we face, and I know how to stop them.”

All claims, as Lichtenstein noted, can be verified by publicly available court documents. He advised Netflix viewers to read these documents to develop their own informed conclusions: “You don’t have to take my word for it. All of the court documents laying out the facts of the case are publicly available. You can read them yourself and make up your own mind.”

Neither representatives of Bitfinex nor Netflix have publicly commented on Lichtenstein’s video at the time of reporting.

At press time, Bitcoin traded at $102,371.

Crypto Liquidations Near $800 Million After Bitcoin’s Crash Under $100,000

пт, 12/20/2024 - 09:30

Data shows a large amount of liquidations have piled up on cryptocurrency exchanges during the past day as Bitcoin and the altcoins have crashed.

Bitcoin & Other Assets Have Witnessed Bearish Action In Last 24 Hours

The past day has been a volatile time for the cryptocurrency sector as the US Federal Reserve has revealed a cautious outlook on interest rate cuts during the latest Federal Open Market Committee (FOMC) meeting.

Reacting to the news, the Bitcoin investor selloff took the price to as low as under $99,000, but the crash was only short-lived, with the digital asset’s price showing some quick recovery.

As is visible in the above graph, Bitcoin has already returned above $102,400, meaning the coin is down less than 3% during the last 24 hours. The altcoins, however, haven’t been so lucky, as most of them are still down notable amounts. Ethereum, the second largest asset in the sector, has seen losses of 5% in this window.

With the market-wide price crash, it’s not a surprise that the derivatives side has gone through chaos of its own.

Crypto Longs Have Just Taken A Massive Beating

According to data from CoinGlass, there has been a mass amount of liquidations in the cryptocurrency derivatives market during the past day. “Liquidation” here refers to the forceful closure that any open contract undergoes after it amasses losses of a certain percentage.

Below is a table that shows the numbers relevant to the latest market flush:

As is visible above, there have been almost $790 million in cryptocurrency-related liquidations over the last 24 hours. Out of these, $662 million of the contracts involved were long ones, representing 84% of the total. This is naturally down to the fact that the market as a whole has crashed.

In terms of the contributions from the individual symbols, Bitcoin and Ethereum have predictably come out on top once more.

Out of the rest, XRP, Dogecoin, and Solana have stood out, as they have each contributed to $40 million, $29 million, and $23 million in liquidations, respectively.

A mass liquidation event, popularly called a squeeze, isn’t something too uncommon for the cryptocurrency sector, due to the fact that assets tend to be volatile and leveraged trading is popular. That said, the scale of the latest flush is still notable and underlines the high speculative interest present in the market amid the bull run.

The squeeze hasn’t discouraged these traders, either, as the Bitcoin Open Interest continues to sit at an all-time high (ATH).

Latest News and Developments For Sui (SUI) and Rollblock (RBLK); Can They Continue To Outperform Solana (SOL)?

пт, 12/20/2024 - 09:19

Sui has entered a consolidation phase after reaching a record high price level earlier this week. Meanwhile, Solana is experiencing strong bearish pressure as the token fails to regain its upward momentum. Amidst this sentiment, analysts believe Rollblock’s viral new altcoin could outshine both SOL and SUI with a massive 100x rally in early 2025.

Rollblock (RBLK) Experiences Whale Activity Before Highly Anticipated Token Launch

Rollblock’s presale has already raised more than $7.34 million which reflects the platform’s massive demand. Since Rollblock is getting closer to its official token launch on the open market, analysts are pointing out increased whale activity for the platform’s native $RBLK. 

This whale movement is all thanks to Rollblock’s innovative strategy to combine the $500 billion per annum global gaming market with the $3.1 trillion crypto industry. If Rollblock continues to experience high buying activity, analysts are already predicting a total of 880% gains for early RBLK holders before the end of its presale. For now, $RBLK tokens are selling for just $0.0415 each which is the lowest price it will ever be. 

Rollblock has also announced a new sports feature for its viral GameFi ecosystem. With this new feature, Rollblock users will be able to place high stakes games on international sports leagues such as the NBA, NFL, UFC, La Liga, MMA and more. Even before this big upgrade, Rollblock already offers 7000+ AI-powered games on its massive ecosystem. Since the gaming library includes both cult classics and newer Web3-based games, Rollblock is attracting a variety of high rollers and savvy traders to its innovative project. 

Another reason why Rollblock is experiencing high whale activity is the platform’s ingenious revenue sharing model. At the end of every week, Rollblock uses 30% of its revenue to purchase $RBLK tokens on the open market. While 40% of these tokens are distributed amongst current token holders as staking rewards, the other 60% are burned forever to keep Rollblock’s circulating supply low. With these deflationary tokenomics, it is no surprise that RBLK is already poised to experience a massive 100x rally on its official launch day. 

Sui (SUI) Enters Consolidation Period After Recording New All-Time High Price

Sui’s price reached a record high at $4.93 earlier this week after Bitcoin surpassed the critical $100K milestone. Aside from Bitcoin’s growth, Sui’s recent rally was also driven by the platform’s strategic partnership with China’s Ant Digital. Since Sui’s new venture is focused on tokenizing real-world assets (RWAs) in the environmental, social and governance sector, analysts expect Sui’s price to experience another bullish wave after consolidating its losses. 

Sui is currently trading for $4.59 after an intraday decrease of 2.00%. Despite this sudden decline, Sui still has considerable community support as the token’s market sentiment is 84% bullish. Sui’s technical indicators such as the RSI and MACD indicators also confirm the bullish thesis. If Sui rises towards its ATH level again, Sui’s price could enter a discovery towards the $7.40 resistance. 

Solana (SOL) Struggles to Fight Bearish Pressure 

Solana’s price reached an all-time high at $264 on November 23 but failed to enter a price discovery phase. Since Solana has been on a clear downtrend for the past 25 days, analysts are beginning to lose confidence in Solana’s recovery. Despite Solana’s extremely bearish outlook in the short term, the token’s long-term analysis is showing signs of an explosive rally. 

Since Solana has been forming several lower highs and lower lows, analysts expect Solana to repeat a fractal bull flag pattern from January 2024. Although the January rally resulted in a triple-digit rally in Solana’s price, analysts are only predicting Solana’s price to reach the $300 mark this time. At the time of writing, Solana was trading for $216.28 after another intraday decrease of 4.26%. 

Rollblock to Outperform Solana and Sui in Early 2025

While Sui consolidates its losses and Solana struggles to fight the bearish pressure, savvy traders are jumping ship to Rollblock’s viral presale. Since Rollblock is expected to rally by a total of 880% before the end of its presale stages, now is the ideal time to invest in $RBLK before the price skyrockets in early 2025. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

What Potential Does Cutoshi Hold? With Over $1.9 Million Already Farmed

пт, 12/20/2024 - 06:49

As the market enters the euphoric phase of the cycle, all eyes are on meme coins. Dogecoin, Pepe and Bonk are among the favorites and are expected to soar much higher in the upcoming months. However, all these projects have already had their 100x runs several times over. With their market caps in the billions, they have passed the point of diminishing returns. 

For this reason, many investors are now allocating capital to undervalued gems that have yet to prove their worth. One such project is, Cutoshi, which has been consistently trending on X, and thousands are rushing to the viral presale of the $CUTO token.  

Moreover, attention is also increasingly shifting toward utility-focused projects, with legacy altcoins like Ripple and Cardano experiencing triple-digit rallies over the last month alone. Cutoshi is set to launch at the best possible time of the cycle, as it merges together meme vibes with a DeFi ecosystem. 

What Sets Cutoshi Apart From Other Memes?

When it comes to meme coins, utility is often viewed as an option. Most of these projects are purely hype-driven and many of them plummet to near-zero after the first major sell-off, as the charts show time and time again. Those who rise to the top, such as Shiba Inu and Bonk, are supported by robust tokenomics and clear long-term roadmaps.

Behind the cute and cartoonish surface, Cutoshi boasts CUTO DEX, a decentralized exchange that integrates isolated blockchains in one place and allows for seamless, lightning-quick swaps.

The project prioritizes privacy and decentralization, the two cardinal precepts of crypto philosophy, echoing the teachings of Satoshi Nakamoto the legendary Bitcoin creator.

This means that middlemen are removed from the equation, while investors retain sole custody of their assets. Simultaneously, their sensitive data remains untouchable, as no KYC is required to join.

Cuto Farm Offers Fantastic Passive Income Opportunities

Cutoshi pays tribute to the Lucky Cat of Japanese legends, which is believed to bring good fortune to businesses and families. In a similar fashion, Cutoshi brings prosperity to the blockchain and its rapidly growing community via Cutoshi Farming, a unique reward mechanism that will allow users to earn generous prizes.

During and after the presale, individuals will be able to complete fun missions and tasks aimed at engaging with the community and boosting Cutoshi’s presence in the crypto space. For their loyalty, they will receive Cuto points, which can be exchanged for $CUTO tokens once the presale ends. Additionally, to promote long-term holding and healthy price action, Cutoshi will soon launch a staking option, allowing users to earn passive income.

This system has been designed to maximize returns, as holders will be able to earn money via two major avenues while also enjoying the inevitable appreciation of the $CUTO token.

Discover Cutoshi Academy

One of the project’s most intriguing features is the Cutoshi Academy, an educational hub that seeks to narrow the knowledge gap between newbies and crypto veterans. In the academy, beginners will find resources that teach the basics of DeFi, the ins and outs of trading and how to build a future-proof portfolio.

The crypto world can be quite overwhelming for newcomers and for this reason, this initiative has already garnered significant praise. Not only does Cutoshi encourage widespread adoption but it also helps foster a welcoming and inclusive environment.

Why The $CUTO Presale Is One Of The Best Plays Of 2025.

Right now, stage 4 of the $CUTO presale is underway and tokens are on sale for a discounted price of $0.031. Given all that Cutoshi brings to the table and its low-cap status, it could vastly outperform established majors like Shiba Inu and Bonk at the peak of the 2025 bull run. Joining today could lead to impressive returns as meme season goes into overdrive!

For more information on the Cutoshi (CUTO) Presale:

https://cutoshi.com/

Join and become a community member: 

https://twitter.com/CutoshiToken

https://t.me/cutoshi

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