David Marcus reveals that Facebook's Libra project was "politically killed" despite robust design and regulatory consultations. Political pressures and debanking of supportive institutions halted the initiative. Marcus highlights the need for decentralization in future financial systems, championing Bitcoin as the ideal foundation. Industry figures support his account, emphasizing the role of politics in Libra's downfall. #Libra #Facebook #Crypto #Regulation #Bitcoin

XRP surges past $2, becoming the third-largest cryptocurrency with a market cap of $135.37 billion, overtaking USDT and Solana. Speculations arise about XRP challenging Ethereum's dominance, especially with rumors of Ripple CEO Brad Garlinghouse being considered for a pro-crypto role in a potential Trump administration. XRP's resurgence coincides with its ongoing legal battle with the SEC, with regulatory clarity still sought. Despite recent gains, analysts warn of potential profit-taking by XRP whales. #XRP #Crypto #Ripple #SEC

Year-to-date, Solana (SOL) has surged 117%, breaking its previous ATH. Despite a decline in sentiment, analysts remain optimistic about SOL's potential. Social dominance stands at 6.09%, reflecting significant interest. Analysts like Brian Quinlivan and Raoul Pal predict a bullish December if Bitcoin stays above $96,000. A bull flag pattern on the daily chart suggests SOL could rally toward $300. However, a Bitcoin drop below $94,000 could see SOL decline to $214.99. #Solana #SOL #Crypto #PricePrediction

Solana (SOL) experiences price fluctuations, reaching an ATH of $264 before a pullback. Despite this, active addresses remain high, indicating sustained investor optimism. Solana’s RSI holds above 50.0, signaling bullish momentum. SOL is currently trading at $228, with crucial support at $221. A bounce off this level could target $245, potentially pushing SOL back toward its ATH. #Solana #SOL #Crypto #PriceAnalysis

Brazil proposes a ban on stablecoin transfers to self-custody wallets, aiming to align crypto regulations with traditional finance. This move targets foreign-backed stablecoins and could impact Brazil's thriving crypto sector, where stablecoins dominate cross-border transactions. The public consultation period runs until February 28, 2025. #Brazil #Crypto #Stablecoins #Regulation

XRP whales accumulate over $1 billion, driving the price to a 43-month high of $1.84. This surge, fueled by rising demand and improved market sentiment, signals strong institutional confidence. XRP nears $2.00 resistance; flipping this level could spur further growth, but profit-taking may cause pullbacks. #XRP #Crypto #Whales #PriceSurge

Shiba Inu’s Shibarium Bridge upgrade is complete, paving the way for an upcoming hard fork. This update enhances security and prepares the network for improved performance and scalability. The hard fork, scheduled for early next week, aims to optimize Shibarium’s efficiency and capacity. #ShibaInu #Shibarium #HardFork #CryptoNews

Shiba Inu’s Shibarium Bridge upgrade is complete, paving the way for an upcoming hard fork. This update enhances security and prepares the network for improved performance and scalability. The hard fork, scheduled for early next week, aims to optimize Shibarium’s efficiency and capacity. #ShibaInu #Shibarium #HardFork #CryptoNews

December Token Unlocks: $5.08 Billion Set to Hit the Market. Major projects like Jito, Sui, and Aptos release significant amounts of tokens. Notable unlocks include SUI ($221.47M), JTO ($498M), APT ($149.85M), ARB ($88.80M), and OP ($75.85M). Investors should monitor the market impact. #Crypto #TokenUnlocks #December2024

Bitcoin LTHs hit a 5-month high in selling, but BTC's rally stays strong. Bitcoin nears $100,000, driven by institutional interest and increased adoption. Long-term holders show bearish sentiment, potentially triggering volatility. Bitcoin’s NVT Golden Cross remains neutral, signaling room for growth. #Bitcoin #Crypto #BTC

SEC Accuses Touzi Capital of Defrauding 1,500 Investors in $115 Million Crypto Scheme. The firm and its founder, Eng Taing, are charged with misusing funds raised for crypto mining and debt rehabilitation. The SEC seeks permanent injunctions, civil penalties, and disgorgement of ill-gotten gains. #SEC #Crypto #Fraud

The UK Court of Appeal has rejected Craig Wright’s attempt to challenge a previous ruling denying his claim to be Satoshi Nakamoto, the creator of Bitcoin. The court dismissed Wright’s application, stating that his claims lacked merit and that he failed to provide compelling grounds for reconsideration. The original ruling concluded that Wright could not substantiate his claims to authorship of the Bitcoin whitepaper. Wright's legal battle continues with a scheduled contempt of court hearing on December 18. #CraigWright #Bitcoin #SatoshiNakamoto #COPA #CryptoLegalBattle

Ripple (XRP) has surged 181.38% in the past 30 days, reaching $1.63 before consolidating. The RSI is at 53.2, signaling neutral momentum. The CMF turned negative at -0.05, reflecting reduced capital inflows. XRP could retest $1.63 and rise to $1.70, its highest since 2018, but failure to hold $1.27 support may push it to $1.05. #Ripple #XRP #Crypto #MarketAnalysis

Ripple (XRP) has surged 181.38% in the past 30 days, reaching $1.63 before consolidating. The RSI is at 53.2, signaling neutral momentum. The CMF turned negative at -0.05, reflecting reduced capital inflows. XRP could retest $1.63 and rise to $1.70, its highest since 2018, but failure to hold $1.27 support may push it to $1.05. #Ripple #XRP #Crypto #MarketAnalysis

BNB price is close to its all-time high but may be losing momentum. The ADX indicates weakening trend strength, and the Ichimoku Cloud shows mixed signals. Key resistances are at $667 and $687, with supports at $603 and $593. A breakout could push BNB to new highs, while a downtrend could signal a deeper correction. #BNB #Crypto #MarketAnalysis

Vancouver's mayor, Ken Sim, has proposed exploring Bitcoin as part of the city's financial strategy, suggesting a Bitcoin reserve to diversify financial resources. This move aligns with a broader trend of governments considering Bitcoin for financial frameworks. #Vancouver #Bitcoin #CryptoAdoption #FinancialStrategy

Interoperability is crucial for the metaverse, allowing assets and identities to move across platforms. This enhances user engagement and creates broader ecosystems. Challenges include scalability, complexity, and perception issues. The future of interoperability in the metaverse is promising, with unified marketplaces and dynamic assets. #Metaverse #Interoperability #Blockchain #Gaming #DigitalAssets

Over $10 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire today, with a put-to-call ratio suggesting a prevalence of call options. The maximum pain points are $80,000 for BTC and $2,900 for ETH. Market watchers are attentive to this event due to its potential to influence short-term trends. Analysts advise caution as options expiration often leads to short-term instability. #Bitcoin #Ethereum #Options #CryptoMarket

Cardano (ADA) has seen a drop in large transaction volume and network activity, suggesting reduced exposure from large investors and waning user participation. The RSI indicates ADA is overbought, and the Bollinger Bands suggest a potential decline to $0.82. However, if large transactions increase, ADA could climb above $1.15. #Cardano #ADA #Crypto #MarketAnalysis

Bitcoin spot ETFs saw record inflows of $6.2 billion in November, driven by optimism from Donald Trump's pro-crypto agenda. This surge reflects growing institutional interest in Bitcoin through regulated avenues. Spot Bitcoin ETFs are approaching 1 million BTC in holdings, signaling a shift towards digital assets in mainstream finance. Trump's policies are expected to further boost crypto-based financial products. #Bitcoin #ETF #Crypto #Investment #Trump #Regulation