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A newly uncovered public document reveals that the Bitcoin Policy Institute, a research and advocacy group in the United States, has drafted an executive order that aims to designate Bitcoin as a strategic reserve asset. This proposed order is designed to take effect immediately upon being signed by President-elect Donald Trump on his first day in office.

New Draft Calls for Bitcoin Acquisition Through Treasury’s ESF

According to the draft, as global finance increasingly integrates digital assets, the United States must adapt its financial strategies to maintain its stability and leadership in the global economy. 

The document characterizes Bitcoin as a decentralized, finite store-of-value asset, comparable to digital gold, which could enhance the resilience of the US dollar and support American economic interests. 

If enacted, the executive order would designate Bitcoin as a suitable asset for acquisition within the Treasury Department’s Exchange Stabilization Fund (ESF), establishing a Strategic Bitcoin Reserve as a permanent national asset for the benefit of all Americans.

The draft emphasizes the importance of creating a Bitcoin reserve to bolster the US economy and secure American financial dominance in the years to come. 

By designating Bitcoin as a strategic asset held by the government, the proposal aims to diversify the assets within the ESF, thereby safeguarding national economic security and ensuring a competitive advantage in the 21st century. 

Furthermore, it seeks to position the US as a global leader in the digital assets industry, attracting capital, talent, and sound businesses to thrive within its borders.

To enhance confidence in this initiative, the draft outlines that the Strategic Bitcoin Reserve would be administered by the Secretary of the Treasury, with provisions for regular audits, security standards, and reporting measures. 

Within seven days of the order being signed, any BTC held by federal agencies, including the US Marshals Service, would be prohibited from being sold or encumbered. Instead, it would be transferred to the strategic reserve upon acquisition of legal title.

Additionally, the draft instructs the Secretary of the Treasury to implement an acquisition program for Bitcoin within 60 days of the order’s signing. This would facilitate the management and procurement of Bitcoin under the ESF.

Trump’s Potential Day-One Executive Order 

While this document represents only a draft and neither Trump nor members of the upcoming administration have publicly commented on it, interest in such measures has been growing in recent days. 

Notably, Jack Mallers, founder and CEO of Strike, recently indicated that Trump is considering a day-one executive order to establish a Strategic Bitcoin Reserve. During an interview, Mallers stated, “I also know that Trump is looking at a day one executive order.” 

His remarks prompted discussions about the potential implications of such an order, particularly in the context of the Dollar Stabilization Act, which could grant the president broad authority to protect the dollar.

Trump’s recent statements have further fueled speculation surrounding the establishment of a Bitcoin reserve. In a speech at the New York Stock Exchange, he remarked, “We’re gonna do something great with crypto,” and when asked about the possibility of the U.S. creating a reserve akin to its oil reserves, he replied, “Yes, I think so.”

At the time of writing, BTC is consolidating at the $104,000 level, down 2.5% in the 24-hour time frame. 

Featured image from DALL-E, chart from TradingView.com

Согласно опросу, проведенному биржей Coinme в рамках инициативы CryptoLiteracy по повышению осведомленности жителей США о криптовалютах, в 2024 году количество людей, обладающих знаниями о цифровых активах, резко увеличилось.

Riding the currents of market excitement and community-driven momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have long been investor favorites. But when both tokens go into periods of consolidation, a new competitor is taking the front stage with more returns and creative features.

DTX Exchange (DTX) is changing how traders see the future of crypto investing with its innovative platform and remarkable 440% ROI, and counting, during presale. Could this newly created token bring exponential returns and replace the meme coin giants? Read on to learn why analysts are calling DTX the best crypto investment for 2024.

DTX Exchange (DTX) Enhances Trading Experience

Accessing over 100,000 financial assets—stocks, cryptocurrency, FX, ETFs—traders tend to witness an enhanced experience. Driven by the creative VulcanX blockchain, DTX Exchange promises unparalleled speed and reliability. Moreover, DTX Exchange offers a trade execution speed of just 0.04 seconds and a testnet throughput of over 100,000 transactions per second.

DTX token holders enjoy additional perks, including staking rewards of up to 15% APY and a share of the trading fee revenue generated by the platform. Additionally, DTX provides traders the potential to maximize market opportunities by unlocking liquidity of $100,000 with just a $100 investment thanks to up to 1000x leverage.

With its special mix of efficiency, accessibility, and security, DTX Exchange is positioned to grab a big market share of the fast-growing $4 billion online trading platform sector as it gets ready for its full-scale introduction. Employing non-custodial storage and wallet-based trade, DTX guarantees that users have complete control over their assets.

Investors have a unique chance to get in early while the DTX token is valued at just $0.12 in its sixth presale round. Analysts project that DTX could experience 20x gains post-launch as a result of the high demand for its limited token supply. Set for exponential growth, DTX Exchange is the best crypto investment for traders looking for a safe, creative, high-performance platform.

Dogecoin (DOGE) Records Notable Consolidation

With the Dogecoin price declining over 2% in the previous week, the altcoin has seen a period of market consolidation. The Dogecoin price dropped back to $0.37 after momentarily hitting $0.48, then picked up momentum once more and passed the $0.40 level.

With its price ranging between $0.43 and $0.36 over the previous week, Dogecoin (DOGE) has shown indications of stability despite its volatility. The Dogecoin price chart has shown a consolidation phase for the past four weeks, staying within a range of $0.48 to $0.35. Nonetheless, the general attitude in the Dogecoin (DOGE) community is still positive.

Moreover, analysts project a possible retest of its all-time high (ATH) of $0.737 in this cycle, therefore putting Dogecoin (DOGE) as one of the promising altcoins to watch. Although the Dogecoin price chart shows a bullish structure that could lead to further rallies, DTX has been taking the front stage.

Early DTX investors have already seen outstanding profits of over 440%; analysts estimate a possible 20x increase in value upon the token’s launch on Tier-1 exchanges in Q1 2025.

Shiba Inu (SHIB) Maintains Momentum Amid Consolidation

As the Shiba Inu price negotiates a consolidation period, trading within the range of $0.000030 and $0.000024 during the past week, it nevertheless attracts investor interest. The Shiba Inu price has risen over 9% in the past month, demonstrating a consistent increasing tendency even with a small weekly rise of less than 1%.

Technical markers point to continuous consolidation, including the descending triangle formation on the monthly Shiba Inu price chart. The yearly Shiba Inu price chart, on the other hand, shows a different picture with higher highs and lower lows pointing to a favorable long-term path.

Shiba Inu (SHIB) is one of the top altcoins to watch for near-term growth since analysts are positive about the altcoin’s likely recovery to its all-time high of $0.000088 in the next few weeks. Although Shiba Inu (SHIB) has great potential, its $16 billion market capitalization could restrict the altcoin from witnessing a fast exponential increase.

Here, DTX offers a convincing substitute. With barely $57 million in market capitalization, DTX has additional area for notable upward movement. DTX is attracting enormous investor interest already showing a 440% ROI during its presale and getting ready for irs Q1 2025 launch.

DTX Exchange Attracts Dogecoin and Shiba Inu Investors

Despite being investor favorites, Dogecoin (DOGE) and Shiba Inu (SHIB) have limited growth potential because of their consolidation periods and large market caps. Meanwhile, DTX has already produced an amazing 440% ROI during its presale, with more price appreciation on the way. Analysts project a 20x increase following launch as this low-market-cap token gets ready for its Q1 2025 debut on Tier-1 exchanges.

Learn more:

Best Presale

Visit DTX Website

Join The DTX Community

President-elect Donald Trump’s remarks about building a strategic Bitcoin reserve have sparked a bull run amid the prospect of Bitcoin becoming a US reserve asset. Furthermore, the bullish altcoin action is expected to resume after the December 18 Fed rate cuts announcement, spotlighting Solana (SOL), Cardano (ADA), and DTX Exchange (DTX).

Experts believe the potential of the SOL price, and traders can enter low after last week’s market dump. Cardano (ADA) is also ready to hit $10 under Charles Hoskinson’s leadership and 2025 ecosystem plans. DTX Exchange (DTX) is well-positioned to skyrocket after its upcoming listing toward a $2 price level.

Experts’ bullish predictions about the SOL price and Cardano (ADA) also reveal the selling points for significant profits in the upcoming months.

Cardano (ADA) Could Hit $10 Under Hoskinson’s Leadership

Cardano (ADA) storms higher in a bullish trajectory as Charles Hoskinson reveals the ecosystem plans for 2025. Since Donald Trump’s election victory, Cardano (ADA) has performed exceptionally well, stealing the spotlight from major currencies like Solana after its $1 bullish rally in November.

According to Martinez, over 80 million Cardano (ADA) have been bought in the last 2 days, suggesting rising trader interest in the token. With the upcoming developer conference and other ecosystem updates, including Bitcoin bridge, the optimistic sentiment for Cardano (ADA) is ready to pump the token to $10 by the end of 2025, emerging as a life-changing opportunity for holders buying the token at the $1.10 price point.

Solana Prediction: SOL Price Will Make New ATH With $300 Rally

After the recent market crash, Solana (SOL) struggles to build momentum as major capital rotates into Ethereum-based tokens. However, the SOL price holds the $220 support level despite sellers dominating the Solana ecosystem due to network developments and the ongoing first-ever Hackathon in Artificial Intelligence.

Meanwhile, many experts believe that the SOL price is well-positioned to display a bullish comeback if buyers break the $230 resistance after Fed rate cuts. This can make the road to the critical $300 level easy for the SOL price, setting a new all-time high and a major selling point for traders who bought the Solana tokens during the market setback for high profits.

DTX Exchange Will Blow The Roof After Binance Listing in 2025

DTX Exchange (DTX) has captured massive attention as the most talked-about presale of 2024, leading with its innovative trading features and cutting-edge technology. The platform introduces groundbreaking elements, including the VulcanX hybrid blockchain, tokenized ETF trading, non-custodial Phoenix Wallet, and 1000x leverage—setting new standards in the tradFi space.

In stage 6 of its public presale, DTX Exchange has already secured an impressive $10.2 million, reflecting robust investor confidence in its post-listing potential. With a focus on trader-centric approaches and early-stage participation, the platform is designed to deliver maximum returns through advanced use cases, passive income strategies, a 3% VIP Rebate System, and infrastructure development.

As its presale nears conclusion, DTX tokens are available for just $0.12—a rare opportunity to invest before major exchange listings like Binance in the coming weeks. Experts project the DTX Exchange as a potential 50x breakout in this bullish cycle, making it a must-watch for traders seeking explosive gains.

Conclusion

DTX Exchange (DTX) stands out as a game-changer, with its record-breaking presale and innovative features positioning it as a major investment for millionaire-making gains. While Cardano (ADA) aims for a $10 target by 2025 and Solana (SOL) eyes a $300 rally, DTX’s upcoming exchange listing and advanced ecosystem provide a compelling case for transformative returns.

Learn more:

Buy Presale

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По данным издания BleepingComputer, пользователи аппаратных кошельков Ledger подверглись новой фишинговой атаке, нацеленной на кражу закрытых ключей и фраз восстановления.

Огайо стал третьим штатом США, который на законодательном уровне рассмотрит предложение о включении биткоинов в суверенный фонд благосостояния.

Экс-министр финансов Германии Кристиан Линднер заявил, что лидеры страны не используют экономические возможности биткоина, тогда как США активно продвигаются вперед в области криптовалютных инноваций.

Депутат Европарламента Сара Кнафо выступила с критикой плана Европейского центрального банка (ЕЦБ) по запуску цифрового евро и призвала законодателей Евросоюза к созданию резерва в биткоинах.

Министерство безопасности Аргентины добавило преступления с криптовалютой в список поднадзорных полиции видов деятельности и обязало правоохранительные органы страны обеспечить их контроль и профилактику.

On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow.

Ethereum Mega Whales Own More Than 57% Of All Tokens In Existence

In a new post on X, the on-chain analytics firm Santiment has discussed how the ETH supply held by the different segments of the user base has looked recently.

The indicator of relevance here is the “Supply Distribution,” which keeps track of the percentage of the Ethereum circulating supply that a given wallet group is holding right now.

Addresses or investors are divided into these cohorts based on the number of coins they carry in their balance. For instance, the 1 to 10 coins group includes all wallets owning between 1 and 10 ETH.

In the context of the current topic, three broad ranges containing multiple cohorts are of interest: 0 to 100 coins, 100 to 100,000 coins, and 100,000+ coins. The first includes the market’s small hands, like the retail investors.

These holders don’t have holdings that amount to much in the grand scheme of things, so they individually don’t hold any importance in the market. In the second cohort, the 100 to 100,000 coins one, the wallets start becoming a bit large, but only toward the end of the range.

The range includes two of the key investor groups in the sector, the sharks and whales. The whales are significantly more massive than the sharks, so they are the cohort carrying the more importance in the market.

Finally, the largest addresses on the network hold more than 100,000 ETH. At the current price, this amount nears $400 million, so the investors in this group would be quite massive indeed. An appropriate name for them would perhaps be “mega whales.”

Now, here is the chart shared by the analytics firm that shows the trend in the Supply Distribution for these three Ethereum wallet ranges over the past decade:

As displayed in the above graph, the percentage of the Ethereum supply held by the mega whales has risen over the past couple of years. At the same time, both smaller wallet ranges have lost dominance, with the sharks and whales in particular witnessing a rather steep drop.

The mega whales, consisting of only 104 members, today own 57.35% of the ETH supply, a new all-time high. Meanwhile, the holdings of the sharks and whales sit at an all-time low of 33.46%.

Generally, the centralization of supply isn’t positive for any cryptocurrency. Still, it matters especially for Ethereum as the network runs on a consensus mechanism based on the Proof-of-Stake (PoS). This means that if an entity or a group of entities controls 51% of the supply, they can take over the network.

That said, many mega whales would not be ‘real’ investors but wallets belonging to staking pools and other platforms, who merely hold the coins in one place on behalf of many investors.

ETH Price

Ethereum has seen a pullback during the past day, as its price is now $3,930.

The Income Tax Appellate Tribunal (ITAT) in Jodhpur, India, has today clarified the taxation of crypto transactions conducted before the financial year (FY) 2022-2023. According to the ruling, profits from all such transactions will be treated as capital gains.

ITAT Gives Clarity On Pre-2022 Crypto Taxation

In what is considered a landmark ruling for India’s digital assets ecosystem, the ITAT declared that cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others, were capital assets before April 1, 2022. Consequently, any profits earned from their sale during that period should be categorized as capital gains rather than income from other sources.

For the uninitiated, India’s current virtual assets taxation framework came into effect on April 1, 2022, as part of Virtual Digital Assets (VDA) regulations. These rules impose a flat 30% tax rate on all crypto gains without allowing taxpayers to offset losses against gains. Additionally, a 1% tax deductible at source (TDS) is levied on every crypto transaction.

However, ITAT’s decision offers some relief to early Indian cryptocurrency adopters, as they will be subject to a lower tax rate than the flat 30% rate imposed under the current framework. Specifically, before April 1, 2022, short-term capital gains were taxed at 15%, while long-term capital gains were taxed at 10%.

The ITAT’s decision came while hearing a case involving an individual who had purchased BTC worth $6,478 in FY 2015-16 and sold it for $78,803 in FY 2020-21. The individual argued that the proceeds from the sale should be taxed as long-term capital gains since the asset was held for more than three years. However, the assessing tax officer disagreed, contending that digital assets assets, lacking intrinsic value, could not be classified as property.

In contrast, the ITAT dismissed the tax officer’s argument, stating that under Section 2(14) of the Income Tax Act, cryptocurrency qualifies as property. The tribunal clarified that “property of any kind held by an assessee,” including a right or claim over an asset, satisfies the definition of a capital asset.

India’s Regulatory Gap In Digital Assets

Despite boasting the highest crypto adoption rate globally, India continues to lag in creating a supportive regulatory framework for digital assets. As a result, numerous virtual assets businesses have relocated their headquarters to more crypto-friendly jurisdictions such as the UAE or Singapore.

India’s high tax regime – 30% on gains and 1% TDS on transactions – has been a frequent target of criticism. Last year, the former CEO of WazirX digital assets exchange predicted that the current tax structure would remain in place for at least two more years before any significant revisions.

The Indian government is considering consultations with industry experts to shape a balanced regulatory framework for cryptocurrencies. BTC is trading at $108,248 at press time, up 2.5% in the past 24 hours.

French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.

A French magistrate and member of the Cour des Comptes, Knafo’s background includes public service and political advising, most notably for right-wing Jewish presidential candidate Éric Zemmour. Knafo’s public role has steadily risen since her election to the European Parliament in 2024.

Why The EU Needs A Strategic Bitcoin Reserve

In her speech on the Parliament floor, Knafo drew upon global examples—citing El Salvador’s early adoption of Bitcoin and political figures such as former US President Donald Trump and Federal Reserve Chairman Jerome Powell—to underscore a rising wave of institutional acceptance. She asserted that the EU’s current financial strategies put member states at a disadvantage within what she characterized as a rapidly evolving monetary landscape.

“Already 3 years ago, on the other side of the Atlantic, the president of El Salvador decided to invest for his country in crypto-currencies,” said Knafo, referencing El Salvador’s 2021 legal tender law. “At the time, he was reviled by the political class and the IMF. Today, he’s up 100%.”

Emphasizing a perceived missed opportunity for EU nations, Knafo argued that El Salvador’s move has yielded significant capital gains—resources that, she said, the country has used to bolster both “the security and sovereignty of his country.” Turning to the United States, she acknowledged that “Donald Trump will establish a strategic Bitcoin reserve for the United States.”.

Knafo also invoked the public stance of Federal Reserve Chairman Jerome Powell, stating that “Jerome Powell […] is now talking about it as ‘digital gold.’” She positioned these developments as signs that other major economies are adapting to decentralized finance, while “the European Union […] continues to accumulate tragically inflationary deficits,” with existing regulatory measures that she criticized as overly restrictive.

“We don’t want this dystopian world,” Knafo warned, referencing the European Central Bank’s work on a digital euro. “Where tomorrow a European bureaucrat will be able to prohibit us from certain transactions and even eliminate us from the banking system at the click of a button for something we say on social networks.”

Throughout her address, Knafo appealed for a wholesale shift in EU financial policy: “It’s time to say no to the totalitarian temptations of the European Central Bank, which wants to impose a digital euro entirely in its own hands […] It’s time to bet on freedom.”

She went on to advocate for a flourishing Bitcoin mining sector in the EU, suggesting that France’s nuclear energy infrastructure could supply a competitive edge. “We, the French, hold the cards with our nuclear trump card,” she said, framing domestic power generation as an untapped enabler of large-scale mining operations.

Knafo also addressed the need to adjust current taxation policies, urging lawmakers to “stop taxing cryptocurrency holders” and stressing that crypto-asset holders took personal risks to generate their wealth. She characterized existing government deficits as directly fueling inflation and economic instability: “Government deficits that drive money creation […] create inflation, that lead to chaos […] Let them protect themselves from the insane spiral you’ve created.”

At press time, Bitcoin traded at $106,947.

The Dogecoin price is now at a decisive junction as it hovers near a support level that could determine its short-term direction. A recent analysis on TradingView highlights the importance of the $0.394 support, with outcomes pointing toward both bullish and bearish scenarios depending on price movement at this support level.

Dogecoin’s Key Support Zone Faces Growing Pressure

The Dogecoin price action in the past seven days has been highlighted by a perambulation around $0.40, which is a key psychological threshold for the meme coin. The balance between buying and selling pressure appears tight, leading to a consolidation move that could break in any direction. 

According to technical analysis of the 4-hour candlestick Dogecoin price chart on the TradingView platform, the meme coin could test $0.394 in the next few hours, and a decisive move here could lead to a rebound upwards or a further break to the downside.

In the first scenario, a short-lived dip toward $0.394 followed by a bounce would suggest that the bullish strength surrounding the Dogecoin price remains intact. From there, we could see Dogecoin retesting $0.432. A decisive break above $0.432 in one quick move would provide the much-needed momentum to break above its current 2024 high of $0.485. 

As such, the technical analysis projected that, in this case, the next resistance to watch lies at $0.485. A breach of this resistance may even allow Dogecoin bulls to target higher price levels beyond $0.50 and probably into new all-time highs.

On the other hand, the analysis warns of risks if Dogecoin fails to hold above $0.394. Bearish sentiment could dominate should buyers fail to regain control at $0.394. In this scenario, the next key support to monitor is $0.374. Failure to stabilize here could accelerate bearish momentum and push the Dogecoin price towards notable support at $0.342.

Dogecoin Price Leaning Towards Bullish Momentum

Although technical analysis suggests that the Dogecoin price could go either way, current market sentiment pushes the cryptocurrency more toward the bullish end. Particularly, trading volume, resistance, and technical indicators point to another breakout. This sentiment builds upon the anticipation of the Dogecoin price to break multiple resistance levels in the coming weeks and months.

One such technical indicator is the Gaussian Channel, which suggests that the Dogecoin price is on track to reach at least $2.5 this cycle. Notably, $2 has been a recurring price target this cycle, with many analysts projecting a confirmed break above it by 2025.

At the time of writing, Dogecoin is still trading at the $0.4 support level, although currently up by a meagre 0.53% in the past 24 hours.

For Charles Hoskinson, Cardano is primed to transform the blockchain and lead the decentralized revolution. In a recent Twitter/X post, Hoskinson shared his campaign to make Cardano accessible to its users and token holders. He says governance must include everyone, and Cardano is on track to lead the change.

According to Hoskinson, Cardano only needs to hurdle two more milestones: a community-ratified constitution and approval of the budget system, before it can lead and redefine blockchain governance.

Blockchain Governance Should Involve Everyone

Governance in the blockchain is a hot-button issue in the crypto sector. For Hoskinson, the road to inclusion and participation in the blockchain could be smoother and easier. The Cardano founder admits taking the campaign personally and added that he’ll never apologize for his passion for improving governance.

Welcome to governance everyone, it’s messy and tough, but it’s the only way to include everyone. For the last decade, I’ve tried to do everything in my power to ensure that Cardano is run by the millions who use it and own ada.

We are at a very critical inflection point where…

— Charles Hoskinson (@IOHK_Charles) December 16, 2024

Hoskinson admitted that Cardano’s roadmap has been challenging, but with recent developments, he predicts that the blockchain can achieve complete decentralization in 2025. When it happens, according to Hoskinson, it will dominate the blockchains.

Cardano Gets Major Upgrade With Chang Hard Fork

Last September 1st, Cardano introduced its Chang Hard Fork, a two-part system upgrade that aims to boost functionality and decentralized governance. The first part of the upgrade was launched early this year, increasing the network performance by burning genesis keys and assigning voting power to its Constitutional Committee. Also, the latest roll-out of new improvements on the network, like the Plutus v3, enhanced the blockchain’s innovative contract features.

The Constitutional Committee now has voting powers and is just a temporary addition to the system. Once the constitution has been ratified, the committee will be abolished. From hereon, the governance of the Cardano blockchain is in the hands of ADA token holders. The launch of this new upgrade represents a significant milestone, allowing it to come closer to the ultimate objective of complete decentralization.

ADA’s Price Remains Volatile

While Hoskinson remains passionate about Cardano’s future, its native token’s price performance has been underwhelming. As of this writing, ADA is trading at $1.10, up just 2.7% from the previous day’s close.

Although the token’s price performance has slowed, investor sentiment on the blockchain and its token remains high. For example, ADA scores 74 on The Fear & greed Index. Over the last 30 days, ADA price has been up over 50%, reflecting its stability while other assets struggled.

Market commentators suggest that ADA will continue its erratic price action, with prices to move anywhere between $0.934 and $1.10.

Featured image from Forbes, chart from TradingView

Recent price action in the overall crypto market has seen the XRP price reversing into bullish momentum in the past 24 hours. Notably, buying trends and mentions on social media show that the bullish sentiment has never departed from XRP, even during its price rejection at the $2.9 level earlier this month.

Interestingly, crypto analyst Cryptoinsightuk recently revealed a timeline for bullish XRP price levels, with the first being a $5 target in the next two weeks or so.

XRP Price To Reach $5 In January, $10 To Follow Shortly After

Sharing his thoughts on the social media platform X, Cryptoinsightsuk stated that XRP could hit $5 between now and the end of 2024 and reach double digits between January and March 2025. With December already in the middle of the month, what this means is that the analyst is predicting a remarkable XRP surge that would send it surging into new price territories in the next two to three weeks. 

At the time of writing, XRP is trading at around $2.5, meaning it has to double in value and increase by 100% for this prediction to come to fruition. Interestingly, this projected 100% increase is small compared to what the XRP price has done in the past two months. A prime example of this is the November surge, which saw the XRP price surging by over 285% to end the month at $1.93. However, it is important to keep in mind that the amount of inflow needed for a run to $5 at the current price would make the projected 100% increase more significant.

Reaching the $5 price level would translate into new all-time highs for the XRP price, as its current all-time high is $3.4. However, Cryptoinsightuk’s bullish prediction doesn’t stop at $5 by year-end. The analyst outlined his expectation that the XRP price could cross into double-digit territory between January and March next year. This would see XRP price trading above $10, which would mark a substantial milestone for the cryptocurrency.

Poll Results Show Strong Bullish Sentiment For XRP

Cryptoinsightuk’s prediction followed a recent poll he conducted, where he asked followers to vote on their expectations for XRP’s price on Christmas day. The poll provided four price ranges: less than $2, between $2 and $3.30, between $3.30 and $5, and greater than $5. The outcome revealed a close contest among higher price ranges, but the results ultimately demonstrated the community’s bullish outlook for XRP.

The bearish camp, which predicted XRP under $2, accounted for only 8.3% of the votes. Meanwhile, a significant portion of respondents shared a more optimistic stance. About 35.9% of participants placed their bets on XRP trading between $2 and $3.30, while 30.2% expected a range of $3.30 to $5. Notably, 25.6% of voters believed XRP could surpass the $5 mark, reflecting strong confidence in a substantial rally. 

Although the $2 and $3.30 range had the highest votes, the results make it clear that most crypto participants see significant upward momentum for XRP in the near future.

At the time of writing, XRP is trading at $2.42 and is up by 4.4% and 14.5% in the past 24 hours and seven days, respectively.

While 2024 may be winding down to a close, there’s nothing sluggish about the crypto market at the moment. And it’s not only the OGs that are taking all the glory. Here’s our take on five new attention-grabbing altcoins investors are flocking to.

1. Wall Street Pepe ($WEPE) – On track to be the top altcoin presale of the year
2. Solaxy ($SOLX) – Redefining Solana for the better
3. Sui ($SUI) – Great forecast thanks to a strong performance
4. Best Wallet Token ($BEST) – Giving crypto wallet users complete control
5. Virtuals Protocol ($VIRTUAL) – Simplifying AI with tokenization capabilities

Wall Street Pepe ($WEPE) – On Track To Be The Top Altcoin Presale Of The Year

The Wall Street Pepe presale is currently on, and it’s been highly exciting to watch. $WEPE has already raised more than $27.8M.

Wall Street Pepe – the newest Pepe – is on a mission to take down the whales trading in insider groups by building a powerful frog army of regular retail investors. The army’s secret weapon in becoming whales in their own right is expert tips and insights from Wall Street Pepe himself.

And that army is growing in froggy leaps and bounds. Consider this: on December 13, the presale raised $15M. By this time yesterday (December 16), that number skyrocketed to $25M. And today, investors added another $2.8M to the kitty.

Could the immense investor confidence in $WEPE be linked to Pepe Unchained’s ($PEPU) phenomenal success since listing? Will $WEPE become the new $PEPU? Only time will tell.

$WEPE has raised almost $30M, with its current price of $0.0003647 set to increase in less than 23 hours. If you’re considering joining Wall Street Pepe’s frog army at a great price, you’d best hop to it.

Solaxy ($SOLX) – Redefining Solana For The Better

Since going live just two days ago, the Solaxy presale has already raised $659K. That’s on par with $WEPE’s first 48 hours of presale. Could $SOLX be headed in the same direction?

Solaxy is Solana’s first-ever Layer-2 solution, which in itself is promising. Some 30% of the total supply of 138,046B tokens has been allocated to the ecosystem’s development.

Building on Solana’s strengths, Solaxy promises higher speeds, more scalability, and less congestion and failed transactions – great news for meme coin traders.

Currently, 1 $SOLX goes for $0.00156, with 2788% staking rewards a definite drawcard for early investment. To sweeten the deal, this multi-chain token will be on the almighty Ethereum and Solana blockchains.

Sui ($SUI) – Great Forecast Thanks To A Strong Performance

Early investors who snatched up $SUI for $0.10 in the early presale days will no doubt be all smiles. $SUI is currently trading at $4.83, representing a 48x return since this altcoin’s listing in mid-2023. SUI’s $13.91B market cap is nothing to sneeze at, either.

Yesterday, the blockchain’s native token, $SUI, hit an all-time high (ATH) of $4.91. It’s since seen a pullback but remains strong – a solid indicator of investor confidence.

Sui’s blockchain is a next-generation Web3 platform that prioritizes security, speed, and scale. It’s especially geared towards gaming development and DeFi projects.

Sui has also partnered with the likes of Phantom Wallet and Backpack, which will see both companies adding $SUI to the blockchains they support. These are just some reasons a bullish market could see $SUI reaching $7.60 in the new year.

Best Wallet Token ($BEST) – Giving Crypto Wallet Users Full Control

Speaking of crypto wallets, Best Wallet also has a native token in presale. Best Wallet is unique in that it’s a fully non-custodial, mobile-only app. This means saying sayonara to wallets managed by centralized exchanges and companies. You have full control.

Best Wallet is upping the ante by introducing advanced features such as a presale aggregator, enhanced decentralized wallet recovery, higher staking awards, and even lower transaction fees. And it intends to power these improved features through its native token, $BEST.

Right now, 1 $BEST costs $0.023225, but a price increase is due within the next 24 hours. Tick tock…

Virtuals Protocol ($VIRTUAL) – Simplifying AI With Tokenization Capabilities

$VIRTUAL has seen a 61.40% price increase in the past seven days. Pretty impressive, no? And yesterday, it recorded an ATH of $3.30. There’s since been a pullback to around $2.70, but we believe there are more good things to come.

$VIRTUAL – with a circulating supply of 1B – is the native token of the AI agent generator platform Virtuals Protocol. If you’re wondering what AI agents are, think Alexa, Siri, ChatGPT, and the like. These are systems and programs designed to understand and interact with their environment and carry out specific tasks based on a request.

This DeFi platform enables users to create and deploy AI agents on the blockchain, allowing them to monetize their AI projects by implementing tokenization with revenue-sharing capabilities.

The beauty of Virtuals Protocol is that you don’t need to be a rocket scientist or have a degree in coding to create an AI agent. The platform makes it simple. And with a current market capitalization of $2.71B, that AI-agent generation space is on track to become even more advanced. Exciting stuff if you’re a $VIRTUAL holder.

In Conclusion

Right now, the presale space is on fire, with the likes of Wall Street Pepe and Solaxy gearing up for record-breaking finishes. FOMO will no doubt push them further along. Meanwhile, $SUI and $VIRTUAL are going from strength to strength, proving their mettle among this year’s most promising altcoins.

It’s an exciting time to invest in crypto. If you decide to invest in any of the altcoins on this list, bear the DYOR principle in mind. Knowledge is power; be sure to do your homework. And if the presale altcoins have caught your attention, do that homework quickly. We expect their prices to skyrocket once they are listed.

In a statement on X, Ki Young Ju, CEO of CryptoQuant, a leading on-chain analytics firm, provided a stark assessment of MicroStrategy’s financial health in relation to its Bitcoin investments.

Can MicroStrategy Go Bankrupt?

Ju stated, “MicroStrategy only goes bankrupt if an asteroid hits Earth. For 15 years, Bitcoin has never dropped below the cost basis of long-term whales, which currently stands at $30K. MSTR debt is $7B and its BTC holdings are worth $46B. Based on BTC alone, the liq price is $16.5K.” He further simplified his analysis by urging, “I know calculating the liquidation price seems pointless at this point, but man, just try to keep it simple”.

This bullish perspective on MicroStrategy’s solvency comes amid contrasting views, particularly from notable Bitcoin critic Peter Schiff, who in an interview expressed a dire outlook: “I mean, ultimately, I think MicroStrategy goes bankrupt. I think eventually the Bitcoin is going to crash and the creditors are going to end up with the company. I mean, that’s what I think is going to happen at the end of the day”.

MicroStrategy’s recent financial moves and market performance have been significant. Last week, the company was added to the prestigious Nasdaq-100 index, which could potentially attract more investment and enhance its market credibility.

Following the inclusion, MicroStrategy announced on December 16, 2024, that it had further expanded its Bitcoin reserves by purchasing an additional 15,350 BTC at approximately $100,386 per Bitcoin, bringing its total holdings to 439,000 BTC. All Bitcoins were acquired for about $27.1 billion at an average price of $61,725 per BTC.

At the end of October, the company announced an aggressive Bitcoin acquisition strategy, named the “21/21 plan,” which involves raising $21 billion through equity and fixed-income securities specifically to increase its Bitcoin reserves. Since the announcement of this plan, MicroStrategy has been consistently buying Bitcoin on a weekly basis.

Charles Edwards, CEO of Capriole Investments, commented on the potential acceleration of this strategy, noting, “We are about to see a big jump in Saylor’s Bitcoin buying. Being NASDAQ 100 listed gives tons of credence for cap raising. My guess: MSTR 21/21 plan complete within 3 months”.

The inclusion in the Nasdaq-100 index might also fuel a positive feedback loop for both MicroStrategy and Bitcoin, as described by macro analyst Alex Krüger on X, “Microstrategy included in the Nasdaq. So people have to buy MSTR because it’s in the index which means Saylor can sell more shares and convert to buy more Bitcoin which pushes BTC up and then MSTR goes up which means you have to buy more shares to match the index, rinse and repeat. Bitcoin to infinity”.

At press time, BTC traded at $107,226.

Эксперты-аналитики и непосредственные акторы современных внутриполитических процессов обсуждают различные аспекты и нюансы текущей трансформации партийной системы РФ и тенденции её развития на ближайший...

Crypto All-Stars is building a dream team with a presale that’s on fire. Early joiners who bought in at $0.00138 are already up 21% and the Presale is still live for another 2 days and 20 something hours.

Currently at $19.85M, and with $20M in sight, it’s time to start talking about what comes next.

Big Presales Set the Stage for Success

Successful ICOs and presales don’t guarantee successful tokens. But they do give development teams the money and momentum they need to keep building.

That’s why a roadmap is so critical – for an ICO, the roadmap outlines not just some kind of ideal plan; it allows teams to communicate to investors where the funds will go.

Of course, not every team will be able to execute their entire plan. But raising enough money to support the roadmap is a big part of a project’s success.

For $STARS, the roadmap is simple, which bodes well for long-term success. The Presale stage has raised nearly $20M with less three days to go until you can no longer buy in before it’s listed on public exchanges.

Token Launch and Exchange Listings

The launch of a token, by itself, isn’t difficult. It can be a bit more challenging to navigate the token claiming process and the inevitable rush to sell tokens that accompanies high-profile projects.

Our own experience with the highly successful $PEPU presale indicates that difficulties can come when a highly popular, Ethereum-based token like $STARS begins the token claiming process.

Pepe Unchained experienced site congestion and the occasional failed transaction on Ethereum (and pesky high gas fees). But the problems didn’t impact the general success of the token, as trading volumes witnessed a predictable spike (expected from a token that raised $73M in presale). 

Exchange listing plays a huge role here. The more exchanges – particularly larger exchanges or even a coveted CEX listing – generally help increase liquidity and therefore provide more stability and opportunities for price growth.

With Crypto All-Stars, a quick transition from presale to exchange listing is expected. With the presale ending on Friday, investors can look for $STARS to go live early the following week on key DEXs.

Building Out Utility

After the presale, token claiming, and exchange listing, comes arguably the most important part for determining the long-term fate of a project: utility.

Meme coins like $DOGE may have little if any practical utility, but projects like both $PEPU and $STARS have a clear roadmap with planned use cases. For $PEPU, that utility includes Layer-2 expansions for the world’s most popular frog-themed meme coin.

For $STARS, utility depends on launching and building out the MemeVault.

With the MemeVault, users can stake meme coins from around the crypto world, including:

• $PEPE
• $DOGE
• $SHIB 

The Crypto All-Stars meme coin presale ascent to $20M makes the MemeVault makes $STARS a key token to unlock a one-stop place for meme coin profits.

What’s Next For $STARS on Launch Day?

Look for $STARS to power past the $20M mark at any moment. Investors can also watch to see how much further the token goes in the final 72 hours of the presale.

On Launch Day, investors will be able to start claiming tokens. And once $STARS goes live on DEXs next week, you’ll probably see an explosion of trading as everyone is usually looking to get in on the run-up.

Next, look for the $STARS team to start announcing how and when key project features – including the MemeVault – will be launched. Events like that will also likely impact price.

Note that none of this is financial advice – you’ll need to do your own research and only invest as much as you can afford losing.

One thing’s for certain: it’s shaping up to be an exciting weekend for Crypto All-Stars.

 

The general cryptocurrency community is brewing with excitement and optimism following Bitcoin’s rally to a new all-time high on Monday. Despite the significant price growth, there are speculations that the uptrend may not be ending anytime soon, suggesting BTC’s potential for more increases to higher levels or milestones.

Next Big Milestone For Bitcoin On The Horizon?

Bitcoin’s rally to a new peak has triggered a wave of bullish predictions about its short-term and long-term prospects. Negentropic, a seasoned market expert and Glassnode co-founder is one of the analysts who has projected an optimistic outlook for BTC, forecasting an upswing to unprecedented levels in the near future.

Negentropic’s perspective suggests a continuation of BTC’s upward trajectory, highlighting the crypto asset’s resiliency and strengthening price performances. With market momentum building and BTC breaking past key resistance levels, these kinds of forecasts could attract more investors anticipating the next leg of Bitcoin’s rally.

Following an investigation of BTC’s current price action, Negentropic noted that Bitcoin closed above the $100,000 mark for the second week in a row. The flagship asset has also broken through the $102,000 resistance now acting as support, prompting a move to $104,000.

As a result, the market expert is confident that the next price target for BTC could be between $108,000 and $110,000 in the short term. Meanwhile, he highlighted that a retest to the $102,000 mark this week would be a golden opportunity to purchase BTC before the next move up.

The analyst considers this move a strong sign of recovery, potentially setting Bitcoin on a path toward levels beyond the $110,000 milestone in the coming weeks. Thus traders are monitoring BTC’s next move as the digital asset navigates this critical phase.

As Bitcoin continues to showcase upward strength, Michael Van De Poppe, the founder of MN Consultancy has also predicted a $110,000 target for BTC. He made the forecast after the crypto asset reached a new all-time high, raising investors’ confidence.

While Van De Poppe expects BTC to rise, he has warned that the number of leveraged long positions is comparatively high again. Therefore, should BTC lose the $102,000 level, there could be another liquidity meltdown shortly. However, if the asset holds firm above this point, Van De Poppe anticipates a move up to $110,000.

BTC Whales Are Holding Strong To Their Positions

In spite of the recent leg-up, Bitcoin’s Realized Profit Ratio, a key metric for determining whale exits and profit-taking remains at low levels. Specifically, the metric at low points implies reduced profit-taking activity by large investors.

According to CryptoQuant, whales have not even started selling and taking profits in comparison to the all-time high in past cycles. Considering the whales’ behavior, it could indicate that BTC is still below the peak range for this cycle.