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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 resilience.

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.

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.

12/03/2024 Crypto Support and Resistance Level Report, Buy signal on 12/03/2024 was successful. Price reached $2.67 (+1.1%) within 3 days, look more in discord

Recommendations for SOL-USD: buy signal at price $237.33 This information is provided for informational purposes only and is not financial advice. Join our Discord channel for more forecasts!

TRX hit a new ATH of $0.45, boosting its market cap to $33.5 billion and entering the top 10 cryptocurrencies. Despite a pullback to $0.38, its growth signals increasing market prominence.

ETH remains in an accumulation phase, oscillating within a symmetrical triangle pattern. While long-term prospects appear bullish, profit-taking and liquidations suggest short-term caution.

By adding 7.5 BTC to its reserves and planning to raise $2 million for further purchases, Bitcoin Well signals growing institutional confidence in Bitcoin as a strategic financial asset.

ETH-USD Signal Update:Sell signal on 12/02/2024 was successful. Price dropped to $3504.49 (-3.2%) within 3 days, look more in discord

The transfer of 19,800 BTC linked to the Silk Road case has sparked market volatility, with speculation over whether the funds were sold or rebalanced. This move highlights the government’s significant influence on Bitcoin pricing.