Tag: κρύπτο νέα

Could a Bearish Bitcoin Pattern Signal $76K BTC Price Ahead of Trump’s Inauguration?

Bitcoin’s price has faced significant pressure since reaching its peak of $108,353 on Dec. 17, with its recent dip below $92,000 raising concerns among analysts. This move has brought the potential formation of a bearish head-and-shoulders pattern into sharper focus. If Bitcoin fails to hold above the neckline at $92,000, further downside could be on […]

MiCA’s Influence on USDT and the European Crypto Ecosystem

The European Union’s Markets in Crypto-Assets (MiCA) regulation officially came into effect on Monday, ushering in a new era for cryptocurrency governance within the region. However, questions remain about Tether’s USDT, the leading stablecoin globally, as it has yet to achieve certification under MiCA’s compliance framework. The silence from EU regulators regarding USDT’s adherence to […]

Bitcoin Drops Below $94K: Are Bears Taking Over?

On December 29, 2024, Bitcoin’s value fell beneath the $94,000 threshold, marking a decline from its record high of nearly $108,000 set on December 17, 2024. Data from CoinMarketCap reveals that Bitcoin has decreased by 1.29% in the last 24 hours and 2.67% over the past week. Currently, Bitcoin is trading below its 20-day exponential […]

Memecoins lose momentum as $40 Billion lost in December

The market capitalization of memecoins saw a significant decline of approximately 30% in December, indicating a slowdown in interest and demand for meme-based tokens. Data from CoinMarketCap reveals that the total memecoin market cap stood at $120.14 billion on December 1. This figure peaked at $137.06 billion on December 9 before sinking to $92.67 billion […]

Tether grapples with new FUD as MiCA regulations take effect on Dec. 30

The European Union’s Markets in Crypto-Assets Regulation (MiCA), set to take effect on December 30, introduces strict compliance standards for stablecoins. This regulatory shift has sparked questions about the future of Tether’s USDT in the European market. The new rules place significant operational demands on stablecoin issuers, leaving USDT’s compliance status unclear. Amid this ambiguity, […]

Bitcoin Steady Amid $14B Options Expiry, Eyes $110K Target

Bitcoin’s price has held steady even in the face of a massive options expiry, which some feared could trigger a drop below the critical $85,000 threshold. On December 27, over $14.2 billion worth of Bitcoin options expired at 8:00 am UTC. The “max pain” level for this expiry, where most contracts would lose their value, […]

BONK drops 7% Despite Burning $51M Worth of Tokens During “BURNmas”

The Solana-based memecoin BONK saw a notable 7% drop in value, even after an ambitious token-burning event removed 1.69 trillion BONK tokens—equivalent to over $51 million—from circulation. In late November, the BONK team unveiled plans for “BURNmas,” an initiative aiming to burn 1 trillion tokens. The campaign incentivized social media engagement by burning 1,000 BONK […]

Binance Bitcoin Reserves Return to January Levels

Bitcoin reserves on Binance, the world’s largest cryptocurrency exchange by volume, have fallen to levels not seen since January 2024. Notably, this occurred just two months before Bitcoin’s value soared by 90% in March of the same year. If Bitcoin mirrors this pattern again, starting from its current price of $98,680, it could potentially climb […]

Central Banks And Sovereign Funds Grow Crypto Reserves

In recent months, the valuation of digital currencies has soared, marking a significant shift in global capital markets. The outcome of the U.S. elections has further propelled this growth, with President-elect Donald Trump signaling support for cryptocurrencies and advocating for a relaxed regulatory approach. Bitcoin (BTC), the world’s leading cryptocurrency, experienced an impressive 150% rise […]