12/05/2024 Crypto Support and Resistance Level Report
XRP-USD Signal Update: Buy signal on 12/05/2024 was successful. Price reached $2.39 (+1.9%) within 3 days, look more in discord
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12/06/2024 Crypto Support and Resistance Level Prediction
Recommendations for LTC/USD:buy signal at price $133.18, look more in discord
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US SEC Under Biden Administration Halts Solana ETF Approvals
The SEC under Biden has halted Solana ETF approvals, leaving investors concerned about missed opportunities compared to BTC and ETH. Optimism grows for regulatory shifts under Trump’s administration in 2025.
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Donald Trump Names David Sacks as AI and Crypto Policy Leader
Donald Trump appoints David Sacks as “AI and Crypto Czar,” tasking him with shaping U.S. policies in these transformative sectors. The crypto community sees this as a step toward regulatory
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Bitcoin Hits $104,000, Yet Investors Hold Steady
Bitcoin hit a new ATH of $104,000, yet negative exchange netflows suggest investors are holding rather than selling. This bullish trend hints at further potential gains, though profit-taking may introduce
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12/04/2024 Crypto Support and Resistance Level Report
ADA-USD Signal Update:Buy signal on 12/04/2024 was successful. Price reached $1.23 (+2.8%) within 3 days, look more in discord
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12/05/2024 Crypto Support and Resistance Level Prediction
Recommendations for XRP-USD:buy signal at price $2.35, look more in discord
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Justin Drake: Solana Won’t Kill Ethereum
Justin Drake dismissed Solana as a threat to Ethereum, emphasizing that L2 solutions handle scalability while Ethereum prioritizes security. Solana’s focus on speed may yield short-term gains but lacks long-term
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Mt. Gox Transfers $2.4 Billion in Bitcoin Amid Creditor Repayment Speculation
Mt. Gox transferred 24,000 BTC (~$2.4B) from cold storage, sparking speculation about creditor repayments. Bitcoin surged 7%, breaking $100,000 amid optimism in the crypto sector.
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Hut 8 Secures $500 Million to Expand Bitcoin Reserves and Infrastructure
Hut 8 plans to raise $500M to expand its Bitcoin reserves and data centers. The firm, holding 9,110 BTC (~$934.5M), is also diversifying into AI computing to drive future growth.
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