On December 27, intense selling at higher levels greeted attempts by Bitcoin Altcoins Test Key to initiate a recovery, resulting in the price falling to $94,868. The fact that investors in Bitcoin ETFs in the US have resumed buying is a small plus. After four days of consistent withdrawals totalling $1.52 billion, spot ETFs saw net inflows of $475.2 million on December 26th, according to statistics from CoinGlass. However, not everyone thinks Bitcoin is a beneficial investment. According to a post by Chartered Market Technician Aksel Kibar, Bitcoin is developing a bearish head-and-shoulders (H&S) pattern. If the pattern finishes, a…
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This heavily leveraged market is about to witness a major option expire, adding to the year-end excitement. A derivative contract, or an option, grants the buyer the right. To purchase or sell an underlying asset at a future date and price specified by the buyer. A call grants the ability to purchase, while a put confers the right to sell. This next Friday at 8:00 UTC, the crypto exchange Decibit will see. The expiration of 146,000 Record Bitcoin Expiry options contracts, with a total value of over $14 billion and a size of one BTC for each contract. This is…
Despite being the most active cryptocurrency exchange in the world, Binance’s Bitcoin Struggles Below reserves have fallen to levels not seen since January 2024—just two months before Bitcoin’s price surged 90% in March. With the present price of $98,680, Bitcoin might reach $187,500 in a few months if it continues to follow the same pattern. This indicates that the market is optimistic A contributor to CryptoQuant named Darkfost noted in an analysis note dated December 25 that Binance’s Bitcoin BTC$94,119 reserves hit a new low of less than 570,000 BTC, the lowest amount seen since January. Investors are putting Bitcoin…
Solana Meme Coin Popcat Token Plummets token price is plummeting, causing it to lose market share after a surge of more than 4,400% in 2024. In terms of percentage, Popcat is 2.3%. With a market valuation of $762 million, Popcat’s price has fallen more than 62% from its peak this year. Pudgy Penguins, Dogwifhat, Fartcoin, and ai16z have surpassed it, causing it to fall from second to sixth place among Solana meme coins. The price of Popcat plummeted as institutional investors kept unloading their stakes. According to Nansen, the number of smart money investors who own the token has decreased…
Even though the market is falling, the influx of capital from institutions has not waned. Ethereum has experienced significant growth this month due to an unprecedented inflow of $1.5 billion into BlackRock’s Ethereum Ethereum’s $1.5B ETF Surge since November. The market is optimistic again after a 16-day slump, and experts predict that leading cryptocurrencies will have a huge rally in the new year. Could 2025 be the beginning of a monumental shift for Ethereum and other altcoins, as technical indicators come together and institutional adoption accelerates? Let’s investigate. Ethereum Soars with BlackRock’s $1.5B ETF Surge You can no longer find…
A multitude of factors, including China’s economic policies, Trump’s energy policy, OPEC initiatives, geopolitical conflicts, and the worldwide transition to renewable energy, are expected to impact crude oil prices in 2025. Because of the lingering cloud of uncertainty, the market has not broken out of its range. Is 2025 going to be the year everything falls into place? Key Events: OPEC and IEA Divergent Forecasts China’s Monetary Policies and Demand Potential Geopolitical reformations and risk premiums Trump’s Drill baby Drill Agenda Clean Energy Transitions OPEC Cuts 2024-2025 Oil Demand Forecasts OPEC lowered its oil demand predictions for 2024 and 2025…
Vertical Aerospace has resolved its urgent liquidity issues and made room for possible third-party financing through a new strategic agreement it negotiated with investor Mudrick Capital, as cash flow became an ever-greater worry. The eVTOL company in the UK aims to further strengthen its financial position by closing a new funding round in Q1 2025. This will allow them to fund operations until the end of the year. Vertical confirmed in an SEC filing that it plans to “launch and complete the [new] equity placement during the first quarter of 2025 before the company has used all its existing resources.”…
GLOBE NEWSWIRE, December 26, 2024 – An inquiry into possible violations of the federal securities laws has been announced by leading securities law firm Bleichmar Fonti & Auld LLP into BioAge Labs Faces Legal Labs, Inc. BIOA. BioAge Labs’ Azelaprag for Obesity Treatment BioAge Labs, Inc., a clinical-stage biopharmaceutical business, focuses on therapeutic product development for metabolic illnesses, particularly obesity. The company’s prime candidate, Azelaprag, is a small-molecule agonist of the apelin receptor (APJ) that can be taken orally and is intended to promote weight loss. According to the company’s statements during that time, azelaprag was well-tolerated in 265 individuals…
This week marks four years since the SEC filed its XRP and Bitcoin Face, Chris Larsen, and Brad Garlinghouse. Due to the SEC v. Ripple litigation, XRP investors have been through a lot of trouble. With a market cap low of $0.1009 in March 2020, XRP has fallen from its position as the second most valuable cryptocurrency since December 2020. As a result, XRP and Bitcoin Face surged to a high of $2.9070 in December 2024. People hope the Ripple case will finally come to a close because of Trump’s pro-crypto agenda and re-election. Nevertheless, the most recent moves by…
The price Upcoming Governance Upgrade Cardano (ADA), the ninth-biggest cryptocurrency by market size, have recently attracted much attention. Cardano is reportedly behaving in a way that is disturbingly similar to its previous cycle, according to Crypto expert Ali. If this historical pattern holds, Ali predicts a price objective of $6, pointing out that the first major correction following the bull rise that started in 2020 came simultaneously with the current correction. Cardano ADA Faces Crucial Support at $0.76 The Cardano ADA appears to be repeating its previous cycle. Our current correction occurred in 2020, simultaneously with the first major correction…