Fed cuts rates by 25bps, fueling Bitcoin’s surge to new all-time high! 🚀 The Fed announces a 25bps rate cut, aligning with Powell's steady policy to reduce rates and support the economy. Bitcoin hits a new all-time high, and the rate cut may further fuel bullish sentiment in the crypto market. Chair Powell confirms Trump's victory won’t alter the Fed's ongoing rate reduction plans, maintaining focus on low inflation. #Fed #Bitcoin #RateCut #Crypto #AllTimeHigh
Ethereum launches Mekong testnet to preview Pectra fork updates! 🌟 The Ethereum Foundation has launched the Mekong testnet to preview features of the upcoming Pectra fork in 2025. The testnet provides a controlled environment for developers to explore new Ethereum Improvement Proposals (EIPs) before mainnet integration. Mekong is a short-lived testnet allowing exploration without impacting the mainnet or other testnets, aiding Pectra rollout prep. #Ethereum #Mekong #Pectra #Blockchain
Why is the crypto market up today? 🚀 The cryptocurrency market shows cautious growth, with the market cap holding at $2.50 trillion despite economic uncertainty. Bitcoin reaches a new all-time high at $76,830, maintaining strong investor momentum with key support levels in focus. NEIRO meme coin hits a new peak, but sustaining gains above $0.00246 is crucial to investor confidence and stability. #CryptoMarket #Bitcoin #NEIRO #MarketUpdate
Risk-on ETFs surge after Donald Trump’s victory, crypto products reap benefit! 📈 Risk-on ETFs see record inflows after Trump's election win, with crypto ETFs also posting strong gains. Bitcoin ETFs like BlackRock's IBIT surge in inflows but aren’t the top winners among risk-on ETFs. Expected Fed rate cuts may impact risk-on sentiment, though crypto ETFs could retain unique resilience. #RiskOnETFs #CryptoETFs #TrumpVictory #MarketUpdate
Degen Chain accuses service provider of withholding rollup keys! 🔒 Degen Chain faces migration challenges due to Conduit's alleged refusal to release essential rollup keys. Prolonged disputes with Conduit impacted Degen's network uptime and reputation, stressing the importance of self-custody. The conflict has escalated, with Degen seeking public support to pressure Conduit into a clean separation. #DegenChain #Conduit #Blockchain #SelfCustody
Ethena leads the market with a 30% gain as ENA fee switch takes center stage! 🚀 ENA token spikes 30% as Ethena considers a fee-sharing switch proposal to benefit ENA holders. The proposal by Wintermute aims to allocate a portion of Ethena's revenue to sENA holders. Strong trading and open interest growth support ENA’s rally, raising its price to $0.51. #Ethena #ENA #Crypto #MarketUpdate
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PEPE price jumps 15%, momentum signals bullish trend ahead! 📈 PEPE's ADX of 32 signals strong trend momentum, suggesting sustained buying pressure and potential for further gains. The 7-day MVRV ratio at 4.7% implies room for growth before profit-taking, maintaining bullish momentum. A potential golden cross may signal a stronger uptrend if current momentum persists. #PEPE #Crypto #Bullish #MarketUpdate
30% of top 50 cryptos have outperformed Bitcoin: Is altcoin season around the corner? 🌟 Over the past 90 days, 15 of the top 50 altcoins outperformed Bitcoin (BTC), raising speculation of a potential altcoin season. The Altcoin Season Index rose to 31, but Bitcoin's dominance at 60.61% suggests that alt season may take time to materialize. TOTAL2’s breakout above its descending triangle hints at an altcoin season, but a dip below support could reverse this trend. #AltcoinSeason #Crypto #Bitcoin #MarketUpdate
Early Ethereum investor transfers 15,000 ETH to Kraken — Should holders be concerned? 📉 An Ethereum ICO participant transferred 15,000 ETH to Kraken, valued at $39.38M, hinting at potential selling pressure soon. Rising Ethereum exchange netflow suggests possible increased sell-offs, potentially capping ETH’s recent gains above $2,600. If ETH breaks its descending channel, it could rise to $3,264; otherwise, it may face resistance, with possible declines to $2,554. #Ethereum #ETH #Crypto #MarketUpdate
Donald Trump’s crypto blueprint: Top 10 promises from the president-elect! 🌟 Trump won the US Presidential election with a strong pro-crypto stance, promising sweeping policy changes. His plans include halting anti-crypto actions, ending SEC crackdowns, and exploring new roles for crypto in national finance. Key promises include firing SEC Chair Gary Gensler and offering clemency to Ross Ulbricht. #DonaldTrump #Crypto #PresidentElect #PolicyChanges
Why is the crypto market up today? 🚀 The crypto market cap reached $2.5 trillion, with Bitcoin hitting an ATH above $76,400 and maintaining bullish momentum. NEIRO, an Ethereum-based meme coin, surged 53% amid the bullish trend, nearing its own all-time high. Increased activity around Bitcoin ETF trades and regulatory actions in France highlight rising market interest and scrutiny. #Crypto #Market #Bitcoin #NEIRO #Bullish
JPMorgan launches instant dollar-euro foreign exchange settlement on blockchain! 🌐 The rebranded Kinexys platform integrates on-chain FX settlement, starting with USD-EUR transactions. The platform’s growth, processing $1.5 trillion to date, underscores its role in blockchain-based global payment systems. #JPMorgan #Kinexys #Blockchain #FXSettlement
Arkham launches perpetual futures exchange, enters derivatives market! 🚀 Arkham Intelligence is launching its perpetuals exchange with trading set to begin next week, marking a pivot to derivatives. Few details are available, but the focus on blockchain intelligence aligns with Arkham’s analytics strengths. ARKM token sees a price boost following the exchange announcement, recovering from past lows tied to controversial transfers. #Arkham #Derivatives #Crypto #ARKM
MAGA Coin drops 35% after Trump’s US election victory! 📉 Indicators suggest potential further losses, with CMF and RSI signaling weakening buying interest. Price may revisit lows if the bearish trend continues, though potential rebound targets $4–$5.47. #MAGA #Crypto #Election2024 #MarketUpdate
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Shiba Inu (SHIB) price gains momentum: Indicators point to potential rally! 📈 SHIB shows growth potential with a 5% increase and minimal selling pressure. A gradual decline in whale holdings suggests no major selling pressure. Upcoming EMA golden cross may drive SHIB to test key resistances, with possible 23% gains if the uptrend continues. #ShibaInu #SHIB #Crypto #MarketUpdate
AAVE whales trigger selloffs, altcoin targets multi-month low! 📉 Whales have initiated significant sell-offs, causing a rise in exchange flow balance and downward price pressure. AAVE’s price divergence with daily active addresses suggests falling demand. AAVE’s price may drop below $128.45 support, potentially reaching $116.10 if sell-offs continue. #AAVE #Crypto #Whales #Selloff