๐ Bitcoin dropped from $101,700 to $95,200 in the past 24 hours, triggering $711M in liquidations, with $631M being long positions.
The correction is tied to a decline in U.S. stock performance.
๐ Analysts at GreeksLive predict BTC will return to $100K in the short term.
Time to buy the dip? ๐
The correction is tied to a decline in U.S. stock performance.
๐ Analysts at GreeksLive predict BTC will return to $100K in the short term.
Time to buy the dip? ๐
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๐ธ Ripple CEO Brad Garlinghouse and Ripple's Chief Legal Officer Stuart Alderoty had dinner with Donald Trump.
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๐ Bitcoin Miners' Share Nearing Historic Lows
The share of Bitcoin miners in the total trading volume continues to decline, approaching record lows. This trend typically intensifies during bull markets as more external capital flows into the industry. ๐๐
Could this signal a shifting dynamic in the crypto ecosystem? ๐ค
The share of Bitcoin miners in the total trading volume continues to decline, approaching record lows. This trend typically intensifies during bull markets as more external capital flows into the industry. ๐๐
Could this signal a shifting dynamic in the crypto ecosystem? ๐ค
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More FUD Incoming? ๐
President-elect Donald Trump is weighing the option of declaring a national economic emergency, enabling him to impose tariffs unilaterally via the International Economic Emergency Powers Act (IEEPA). This move would bypass typical legal checks and potentially reshape global trade. ๐ฐ
In 2018, Trumpโs trade wars led to notable corrections in stock and crypto markets. Will history repeat itself, or is this the start of a bullish push for U.S. manufacturing? ๐ญ
Meanwhile, markets brace for potential turbulence as the new administration flexes its hyperactive economic agenda. Buckle up! ๐
President-elect Donald Trump is weighing the option of declaring a national economic emergency, enabling him to impose tariffs unilaterally via the International Economic Emergency Powers Act (IEEPA). This move would bypass typical legal checks and potentially reshape global trade. ๐ฐ
In 2018, Trumpโs trade wars led to notable corrections in stock and crypto markets. Will history repeat itself, or is this the start of a bullish push for U.S. manufacturing? ๐ญ
Meanwhile, markets brace for potential turbulence as the new administration flexes its hyperactive economic agenda. Buckle up! ๐
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Crypto soothsayer
๐ธ Ripple CEO Brad Garlinghouse and Ripple's Chief Legal Officer Stuart Alderoty had dinner with Donald Trump.
๐ XRP ETF Incoming?
Ripple's president hints that an XRP ETF could soon become a reality, especially with the changing U.S. administration. ๐
This comes as Rippleโs RLUSD gains traction, potentially signaling a breakthrough for the crypto giant in regulatory advancements. Could this be the next big leap for XRP?๐
Ripple's president hints that an XRP ETF could soon become a reality, especially with the changing U.S. administration. ๐
This comes as Rippleโs RLUSD gains traction, potentially signaling a breakthrough for the crypto giant in regulatory advancements. Could this be the next big leap for XRP?๐
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๐ค Top AI Agents to Watch ๐
DropsTab has revealed the top AI agents by activity on Twitter over the past 30 days. ๐
If you're into tracking trends and finding opportunities in the AI space, this is your sign to keep an eye on these rising stars! ๐ซก Check out the full list and stay ahead of the curve. ๐
DropsTab has revealed the top AI agents by activity on Twitter over the past 30 days. ๐
If you're into tracking trends and finding opportunities in the AI space, this is your sign to keep an eye on these rising stars! ๐ซก Check out the full list and stay ahead of the curve. ๐
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69,000 BTC Up for Sale! ๐ต
The U.S. government has received approval to liquidate 69,000 Bitcoin (worth $6.5 billion) seized from the Silk Road case, as confirmed by officials to DB News.
Whatโs raising eyebrows? This decision comes less than two weeks after the new administration took office โ the same one that promised not to sell these BTC!
๐ Will this shake the market? Stay tuned. ๐
The U.S. government has received approval to liquidate 69,000 Bitcoin (worth $6.5 billion) seized from the Silk Road case, as confirmed by officials to DB News.
Whatโs raising eyebrows? This decision comes less than two weeks after the new administration took office โ the same one that promised not to sell these BTC!
๐ Will this shake the market? Stay tuned. ๐
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๐ฐ Will BTC Sales Shake the Market? Not So Fast!
CryptoQuant CEO assures: the market could absorb the U.S. government's $6.5B Bitcoin sale in just a week, considering last year's inflows of $1B daily.
Meanwhile, El Salvador's President Bukele seems ready to pounce:
๐ FUD or opportunity? Letโs see how the market reacts (For now, Bitcoin is trading around $93,000) ๐
CryptoQuant CEO assures: the market could absorb the U.S. government's $6.5B Bitcoin sale in just a week, considering last year's inflows of $1B daily.
Meanwhile, El Salvador's President Bukele seems ready to pounce:
"Maybe weโll all get the chance to buy Bitcoin at a discount!"
๐ FUD or opportunity? Letโs see how the market reacts (For now, Bitcoin is trading around $93,000) ๐
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๐ Crypto Hacks Surge in 2024!
PeckShieldAlert reports that crypto-related hacking losses skyrocketed in 2024, reaching a staggering $3.01B โ a 15% increase from 2023โs $2.61B.
๐ Breakdown:
โช๏ธ $2.15B stolen from hacks
โช๏ธ $834.5M from scams
โช๏ธ Recovery efforts brought back ~$488.5M
๐ก Cybersecurity in crypto remains a hot topic. Stay vigilant! ๐จ
PeckShieldAlert reports that crypto-related hacking losses skyrocketed in 2024, reaching a staggering $3.01B โ a 15% increase from 2023โs $2.61B.
๐ Breakdown:
โช๏ธ $2.15B stolen from hacks
โช๏ธ $834.5M from scams
โช๏ธ Recovery efforts brought back ~$488.5M
๐ก Cybersecurity in crypto remains a hot topic. Stay vigilant! ๐จ
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Michael Saylor claims the first nation to print its national currency to buy BTC will gain a significant advantage. ๐๐ฐ
Interestingly, MicroStrategy is already doing something similarโissuing its shares (MSTR), which Saylor likens to a "currency," and using the funds to purchase Bitcoin. ๐
Interestingly, MicroStrategy is already doing something similarโissuing its shares (MSTR), which Saylor likens to a "currency," and using the funds to purchase Bitcoin. ๐
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๐ฎ๐ณ Bybit halts operations in India!
Bybit announced service restrictions for Indian users due to regulatory requirements. Starting January 12, Indian traders will be unable to open new trades or access services like trading bots, copy trading, and P2P. Even the Bybit card will stop functioning. ๐คท
All trading pairs with the Indian Rupee will be removed on the same date. ๐ซ
Bybit is working to obtain a license and expects to finalize the process within a few weeks. ๐
Bybit announced service restrictions for Indian users due to regulatory requirements. Starting January 12, Indian traders will be unable to open new trades or access services like trading bots, copy trading, and P2P. Even the Bybit card will stop functioning. ๐คท
All trading pairs with the Indian Rupee will be removed on the same date. ๐ซ
Bybit is working to obtain a license and expects to finalize the process within a few weeks. ๐
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๐ Stablecoin Transfer Volume Drops by 3x
The volume of stablecoin transfers has plummeted to a third of what it was when BTC hit $100,000.
๐ฌ However, CryptoQuant analysts believe the current volume is still sufficient to sustain demand for cryptocurrencies. Stability in the market, perhaps?
The volume of stablecoin transfers has plummeted to a third of what it was when BTC hit $100,000.
๐ฌ However, CryptoQuant analysts believe the current volume is still sufficient to sustain demand for cryptocurrencies. Stability in the market, perhaps?
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๐ Bitcoin in Metaโs Treasury? ๐ฐ
A proposal has been submitted to Metaโs board suggesting they allocate part of their $72B in liquid assets into Bitcoin as a hedge against dollar devaluation.
The idea highlights Bitcoinโs inflation-resistant properties and even mentions CEO Mark Zuckerbergโs positive comments about BTC. Could Meta join the growing list of corporate Bitcoin holders? ๐
A proposal has been submitted to Metaโs board suggesting they allocate part of their $72B in liquid assets into Bitcoin as a hedge against dollar devaluation.
The idea highlights Bitcoinโs inflation-resistant properties and even mentions CEO Mark Zuckerbergโs positive comments about BTC. Could Meta join the growing list of corporate Bitcoin holders? ๐
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๐Bitcoin Stalls at $96K โ Eyes on $91K?
Last night, BTC attempted a comeback but failed to break the $96K resistance, pulling back to around $93K. If buyers don't find renewed optimism, we could see another buy opportunity at $91K. ๐
Meanwhile, altseason supporters remain hopeful, betting on BTC dominance dropping to 40%. ๐
Last night, BTC attempted a comeback but failed to break the $96K resistance, pulling back to around $93K. If buyers don't find renewed optimism, we could see another buy opportunity at $91K. ๐
Meanwhile, altseason supporters remain hopeful, betting on BTC dominance dropping to 40%. ๐
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๐ณ Whales Feeling the Burn!
๐ Lookonchain reports that even Bitcoin whales are having a rough week. One daring trader bought 1,850 BTC at $101,998 and decided to sell at $94,963โsecuring a "modest" $13M loss in just six days. ๐ฌ
Seems like some whales are better at making waves than profits. ๐ Maybe next time theyโll HODL a little tighter!
๐ Lookonchain reports that even Bitcoin whales are having a rough week. One daring trader bought 1,850 BTC at $101,998 and decided to sell at $94,963โsecuring a "modest" $13M loss in just six days. ๐ฌ
Seems like some whales are better at making waves than profits. ๐ Maybe next time theyโll HODL a little tighter!
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