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Ethereum Price Set to Explode? RWA Tokenization Points to $4,300 ETH in 2025 Ethereum’s position in the tokenization of real-world assets (RWA) is gaining momentum, supported by predictions from Bitwise’s Senior Investment Strategist, Juan Leon. Tokenized assets are now mostly held in the blockchain, which currently commands 81% of the market share in the management of such assets. Many large financial organizations have already started adopting tokenization. https://www.crypto-news-flash.com/ethereum-price-set-to-explode-rwa-tokenization-points-to-4300-eth-in-2025
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Bitcoin Technical Analysis: Bulls Charge Toward New All-Time High Bitcoin’s price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts. Bitcoin On the hourly chart, bitcoin is climbing nicely, having recently hung out around $100,600 before bursting through to $102,500. Support is chilling between $101,500 and $101,700, while the resistance is playing hard to get at $103,000 to $103,300, right near the latest peak.\ https://news.bitcoin.com/bitcoin-technical-analysis-bulls-charge-toward-new-all-time-high/
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SUI Hits New ATH, Can Bullish Momentum Lead Price To $5 This Weekend? SUI momentum continues after recording a new all-time high (ATH) on Friday morning. The cryptocurrency surged 4.5% to near the $5 barrier for the second time this week, fueling investors’ optimism about the token’s future price action. SUI Nears $5 After New ATH SUI has been one of the leading cryptocurrencies this bull run, rising over 521% year-to-date (YTD) and nearly 182% since Q4 started. The token also outperformed the market throughout the Q2 and Q3 retraces, registering massive gains while most altcoins struggled. https://www.newsbtc.com/news/sui-hits-new-ath-can-bullish-momentum-lead-price-to-5-this-weekend/
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Cumulative Bitcoin Volume Hits $131 Trillion—But How Much Of It Is ‘Real’ Transfers? Entity-Adjusted Approach For Bitcoin Volume Reveals Shocking Fact In its latest weekly report, Glassnode has discussed about how some of the metrics core to the Bitcoin network are like after the cryptocurrency’s price has claimed the $100,000 milestone. Related Reading: Bitcoin Sentiment Drops Out Of Extreme Greed As Bearish Action Continues Among these indicators is the “Transfer Volume,” which measures the total amount of the cryptocurrency that’s becoming involved in transactions on the blockchain every day. Below is the chart for the metric shared by the analytics firm that shows how the cumulative value of this metric has developed over the course of the asset’s history. https://bitcoinist.com/bitcoin-volume-131-trillion-real-transfers/
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Vancouver Moves Towards Bitcoin Adoption: Council Approves ‘Crypto-Friendly’ Motion Vancouver is taking significant steps towards crypto adoption, as the Vancouver City Council approved a motion to explore Bitcoin integration comprehensively. According to our research, Mayor Ken Sim proposed extensive use of Bitcoin (BTC) in the Canadian city’s financial operations, including a possible establishment of a Bitcoin strategic reserve and payment options. According to his argument, this fast-emerging asset class could stabilize the economy by acting as an inflationary hedge and safeguarding against currency devaluation. Based on the information privy to us, six counselors voted for the motion. However, two were in strong disagreement while three were absent. https://www.crypto-news-flash.com/vancouver-moves-towards-bitcoin-adoption-council-approves-crypto-friendly-motion
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Cryptocurrency asset manager Bitwise has released a comprehensive report predicting record-breaking valuations for major digital assets by 2025, backed by data showing strong institutional adoption and regulatory developments in 2024. The cryptocurrency market demonstrated robust growth in 2024, with Bitcoin reaching $104,000, marking a 141.72% increase year-to-date. This surge coincided with the launch of spot Bitcoin ETFs in the United States, which accumulated $33.56 billion in assets. Other cryptocurrencies showed similar upward momentum. Solana posted gains of 127.71%, while XRP experienced a 285.23% increase. Ethereum, despite lagging behind its peers, still achieved a 75.77% rise in value. https://blockonomi.com/bitwise-report-bitcoin-ethereum-and-solana-expected-to-reach-new-highs-in-2025/
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Altcoins LTC, CRV and ONDO recover after retesting key support levels Litecoin (LTC), Curve DAO (CRV) and Ondo (ONDO) prices recover on Tuesday after retesting and bouncing off key support levels following Monday’s double-digit correction. The technical outlook suggests a further recovery ahead, with the Moving Average Convergence Divergence (MACD) momentum indicator supporting the rebound. Litecoin price revisits its crucial support level Litecoin price surged more than 100% since early November and declined 18% on Monday, revisiting close to its key support level of around $98.67. This level roughly coincides with the weekly support level at $96.30 and the descending trendline drawn by connecting weekly highs since the end of March 2022, making it a key reversal zone. As of Monday, it recovers slightly, trading around $111.87. https://www.fxstreet.com/cryptocurrencies/news/altcoins-ltc-crv-and-ondo-recover-after-retesting-key-support-levels-202412100738
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Michael Saylor Urges US to Establish Bitcoin Reserve Amid Trump’s Pro-Crypto Stance MicroStrategy Former CEO Michael Saylor has been extremely vocal about the potential of creating a Bitcoin Strategic Reserve for the US since the possibility for the victory of a pro-crypto candidate in the US election emerged. US President-elect Donald Trump recently hinted about his plan to establish the reserve. The big question is: Will he be able to create one? The political scenario certainly looks challenging. Here is what you should know. In a recent interview, expressing happiness about the victory of pro-crypto candidate Trump in the US presidential election, Saylor called for the establishment of a new structured framework, which is low regulatory and pro-innovation in approach, to boost the digital sector under the next US regime. He strongly appealed for the creation of the BTC reserve. https://coinpedia.org/news/michael-saylor-urges-us-to-establish-bitcoin-reserve-amid-trumps-pro-crypto-stance/
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Dogecoin Steadily Ascends To $0.4484 Resistance As Bulls Maintain Control Dogecoin has been steadily climbing, with its price approaching the critical $0.44848 mark. This consistent upward movement signals that the bulls are firmly in control, pushing DOGE closer to new territory. As the price steadily advances, market attention intensifies, leaving many wondering if this persistent ascent is the beginning of a major breakout. With increased buying pressure and optimism surrounding Dogecoin, can the bulls maintain their momentum and push DOGE past this key resistance level? https://bitcoinist.com/dogecoin-steadily-ascends-to-0-44848-resistance/
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'Eve Frontier' Studio Offering Early Access to Ethereum Survival Game Eve Online maker CCP Games is set to open up early access to its upcoming Ethereum survival game Eve Frontier, starting at $30. CCP Games has unveiled Founder Access packs, a set of early access perks that will allow users an opportunity to play and participate in the development of its upcoming space survival game, Eve Frontier. The packs, available in three separate tiers ranging from $30 to $90, are currently on sale. On December 10, purchasers of the Founders Access benefits will be able to join an “always-on server” in Closed Alpha and begin leaving an imprint on the outer space game's malleable world. https://decrypt.co/295171/eve-frontier-founders-access-ethereum-game
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XRPAW MEME Announces the Launch of XPAW Token Presale on XRP Ledger The highly anticipated XRPAW MEME Token Pre-Sale has officially kicked off, marking the beginning of a memecoin movement on the XRP Ledger. XRPAW, A meme and a memecoin that combines the viral charm of meme culture with the eco-friendly and efficient technology of XRP Ledger has kicked off the $XPAW Token PreSale, with a mission to redefine what memecoins means on the XRP Ledger. https://www.crypto-news-flash.com/xrpaw-meme-announces-the-launch-of-xpaw-token-presale-on-xrp-ledger/?utm_source=rss&utm_medium=rss&utm_campaign=xrpaw-meme-announces-the-launch-of-xpaw-token-presale-on-xrp-ledger
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Vladimir Putin backs Bitcoin: Crypto to challenge dollar dominance? In a notable shift, Russian President Vladimir Putin has acknowledged the ongoing rise of digital currencies like Bitcoin [BTC], emphasizing their potential to reshape financial systems. Speaking at the Moscow Investment Forum on 4th December, Putin highlighted the role of digital assets and went from disliking Bitcoin to not banning crypto. He said, “Who can ban Bitcoin? Nobody. And, who can prohibit the use of other electronic means of payment? Nobody. Because they are new technologies.” https://ambcrypto.com/vladimir-putin-backs-bitcoin-crypto-to-challenge-dollar-dominance/
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Reserve Rights token RSR jumps 136% amid SEC chair news Reserve Rights token RSR has surged 136% in the past 24 hours, leading the top 100 cryptocurrencies by market cap as its price reached $0.02518, the highest level since early 2022. According to market data from crypto.news, the price of Reserve Rights (RSR) rose sharply on Dec. 3 to break to $0.02518. The ERC-20 token, which works as an overcollateralization asset of Reserve stablecoins, or RTokens, and for governance, traded at lows of $0.00933 earlier in the day. The gains came as RSR trading volume rose over 3,100% in 24 hours to over $1.26 billion, and its market cap jumped to over $1.17 billion with a 130% increase. Reserve Protocol launched the RSR token in May 2019 with a highly successful initial exchange offering. https://crypto.news/reserve-rights-token-rsr-jumps-136-amid-sec-chair-news/
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XRP Jumps 69% As Whales Go On $1.6 Billion Buying Spree The XRP price has made a significant bullish push recently as on-chain data shows whales have been accumulating significant amounts. XRP Whales Have Made Big Purchases In Last Few Weeks According to data from the on-chain analytics firm Santiment, the XRP whales have been busy buying recently. The on-chain indicator of relevance here is the “Supply Distribution,” which tells us about the total amount of the cryptocurrency that a particular wallet group is holding. Addresses or investors are put into these cohorts based on the number of coins they carry in their balance. For instance, the 1 to 10 coins group includes the holders who own at least 1 and at most 10 tokens of the asset. https://bitcoinist.com/xrp-jumps-53-as-whales-1-6-billion-buying-spree/
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Cutoshi price projection 2024, 2025, 2026: CUTO poised to reach $1 Cutoshi, a hybrid DeFi and meme coin, is gaining traction and nearing a sellout in its third presale stage. Hybrid DeFi and meme coin Cutoshi (CUTO) has been on a tear recently and is on the verge of selling out of the third stage of the presale. The mixture of meme and DeFi ecosystem makes it a coin that has the potential for long-term sustainability, like Shiba Inu. How high could Cutoshi go and can it reach $1? https://crypto.news/cutoshi-price-projection-2024-2025-2026-cuto-poised-to-reach-1/
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South Korea’s two-year crypto tax delay earns bipartisan support South Korea’s Democratic Party has agreed to a two-year postponement of taxes on cryptocurrency trading profits. This decision is a major policy reversal for the party, which had previously opposed such delays. “We have decided to agree to a two-year moratorium on the implementation of cryptocurrency taxation proposed by the government and ruling party,” stated Democratic Party floor leader Park Chan-dae on Sunday. dlnews.com/articles/regulation/south-korea-2027-crypto-tax-delay-earns-bipartisan-support/
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PEPE and Solana (SOL) on the Rise Following Listings on US-Based Crypto Exchange Bitstamp Two popular altcoins are surging in price after receiving surprise listings from US-based crypto exchange platform Bitstamp. In a new blog post, the crypto exchange says that its US branch is adding support for smart contract platform Solana (SOL) and Pepe (PEPE), a frog-themed meme asset built on top altcoin Ethereum (ETH). “The day US fans of Solana and Pepe have been waiting for is finally here! We’re excited to announce that well-known Solana and the popular meme coin Pepe are now available for trading on Bitstamp in the US.” News of the listings sent both SOL and PEPE flying, as Solana went from a low of $235 on November 28th to a peak of $246 the next day while PEPE went from a low of $0.00001941 to a peak of $0.00002101 during the same time frame. https://dailyhodl.com/2024/11/29/pepe-and-solana-sol-on-the-rise-following-listings-on-us-based-crypto-exchange-bitstamp/
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Top AI Altcoins Poised to 20x in this Crypto Bull Run Altcoins are creating a buzz in the market with a rapid rise of 7.9% in market cap, while Bitcoin’s price stayed flat, causing its dominance to dip to 58.54%. In contrast, AI tokens have been outperforming the majority of meme coins, with several seeing impressive gains of over 20%, including Bittensor, which surged 20% thanks to the excitement around its new EVM compatibility. Meanwhile, the AI sector continues to attract attention, with OpenAI securing $1.5B in funding despite a significant data leak, and Talus Network hitting a $150M fully diluted valuation. With the bullish momentum in mind, Analyst predicts that AI’s total addressable market (TAM) could exceed $12 trillion in the next 6-7 years, even capturing just 5% of that for decentralized AI would be worth $600 billion. https://coinpedia.org/news/top-ai-altcoins-poised-to-20x-in-this-crypto-bull-run/
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Top 3 Cryptos to Skyrocket Before Christmas: Toncoin, Sui, Rollblock Crypto prices tend to skyrocket as the year draws to a close. This is due to renewed interest in cryptocurrencies as people travel for the holidays and discuss investment opportunities with their loved ones. This time around, Toncoin, Sui, and Rollblock are three of the top crypto tokens dominating the talks. These tokens are set to capture the attention of investors and skyrocket before the Christmas season.
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Ripple CEO Reacts To Trump’s Billionaire Treasury Secretary Nominee After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan. In the end, Trump went for Bessent, and this decision immediately garnered approval from different sectors. https://bitcoinist.com/ceo-reacts-to-trumps-treasury-secretary-nominee/
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