Floki is collaborating with an asset manager to launch an exchange-traded product (ETP) in the EU by early 2025, pending approval. This would make FLOKI the second meme coin with an institutional-grade investment product in Europe after Dogecoin. The Floki DAO community is voting on allocating liquidity from a treasury wallet containing 16 billion FLOKI, valued at over $2.8 million. The ETP is planned for listing on Switzerland’s SIX Swiss Exchange, offering regulated access to FLOKI. Earlier, Floki DAO invested $200,000 USDT in the CAT token, which surged over 250% but has since declined. The broader meme coin market has grown significantly in 2024, with FLOKI gaining approximately 375% this year. #Floki #MemeCoin #ETP #Crypto #Investment

Turkey has introduced new cryptocurrency regulations to strengthen anti-money laundering (AML) frameworks, mandating identity verification for transactions exceeding 15,000 Turkish liras ($425 USD). The rules, effective by February 2025, aim to prevent illicit activities and align with global trends toward stricter crypto oversight. The regulations include licensing requirements and measures to prevent market abuse, reflecting Turkey's growing role in the global crypto market. The new laws follow the EU's MiCA regulation and signal an international focus on crypto regulation. Turkish crypto firms have shown renewed interest in obtaining licenses, with 47 companies applying, including major exchanges like Bitfinex and Binance TR. #Turkey #CryptoRegulation #AML #Cryptocurrency #MiCA

The MOVE token, native to the Movement Network, has surged 25% in the last 24 hours, becoming the top-performing altcoin. The price increase is driven by a significant rise in trading volume, reaching $1.69 billion, and the integration of Wrapped Bitcoin (WBTC) on the network. Active addresses have also increased, indicating heightened user engagement. Technically, MOVE broke out of a descending triangle, suggesting a potential rise to $1.45 or even $2. However, selling pressure from holders could drop the price to $0.53. #MOVE #MovementNetwork #Crypto #Altcoin #MarketAnalysis

Ethereum (ETH) has gained 48.19% in 2024 but lags behind Bitcoin's 123% rise. The ADX indicator shows weakening trend strength, with the ADX at 27, down from 46. Whale accumulation has reached its highest level since September, with 5,631 addresses holding at least 1,000 ETH. Key resistance at $3,523 is crucial; breaking it could push ETH to $4,100. Failure to break resistance may lead to a pullback to $3,256 or $3,096. #Ethereum #ETH #Crypto #MarketAnalysis

AAVE continues to surge, with a 220% yearly gain and an 110% increase in the last 30 days, solidifying its position as the top lending protocol with a $5.5 billion market cap. The RSI is at 59.2, down from 69.19, indicating a pullback from overbought territory. The CMF is at 0.17, showing consistent capital inflows but slightly reduced buying pressure. If the uptrend continues, AAVE could test $400, a 7.5% rise from current levels. However, if momentum wanes, support levels at $355, $297, and $271 could be tested. #AAVE #Crypto #Lending #MarketAnalysis

Montenegro's Constitutional Court has rejected Do Kwon's appeal against extradition, paving the way for his potential transfer to the U.S. or South Korea. Kwon faces charges related to the $40 billion Terraform Labs collapse, which triggered the 2022 crypto winter. His case sets a precedent for cross-border enforcement in crypto crimes. Terraform Labs settled with the SEC for $4.47 billion, with Kwon personally fined over $200 million. Kwon's political ties in Montenegro have raised concerns about influence over the extradition process. #DoKwon #TerraformLabs #Crypto #Extradition #Regulation

Animoca Brands' co-founder Yat Siu's X account was hacked to promote a fake ANIMOCA token, which surged 500% in 5 minutes. Animoca Brands confirmed the hack and warned investors. Yat Siu reported the issue to X's support team and will share insights on security vulnerabilities. Previous hacks include Anthropic's fake CLAUDE token and Drake's account promoting a fake meme coin. Access control vulnerabilities remain a primary cause of crypto losses. #AnimocaBrands #YatSiu #Crypto #Hack #Security

Shiba Inu (SHIB) price drops 10% in the past week but remains the second-largest meme coin. RSI at 52.6 indicates improving buying momentum. Whale activity has stabilized, suggesting short-term consolidation. SHIB trades within a tight range; breaking resistance at $0.000024 could lead to a 29.5% upside to $0.0000298. Support at $0.00002259 is crucial; failure could drop the price to $0.00001985. #ShibaInu #SHIB #Crypto #MarketAnalysis

Pudgy Penguins (PENGU) price surges 30% in 24 hours, rebounding from December 20 lows. RSI at 64.4 indicates strong buying momentum, nearing overbought territory. CMF at 0.18 reflects substantial capital inflow and bullish sentiment. If the uptrend continues, PENGU could reach $0.045. However, entering overbought territory may trigger a correction, with potential support at $0.030. #PudgyPenguins #PENGU #Crypto #MarketAnalysis

HBAR surges 11% in 24 hours, with technical analysis suggesting further gains. The Super Trend indicator shows dynamic support at $0.23, and the Chaikin Money Flow (CMF) indicates strong buying pressure. If accumulation continues, HBAR could reach $0.39. However, selloffs could push the price down to $0.24 or even $0.16. #HBAR #Hedera #Crypto #MarketAnalysis

MicroStrategy plans to increase authorized shares to fund more Bitcoin purchases, aiming for $42B in BTC by 2027. The firm bought 42,162 BTC in December, with MSTR stock gaining over 420% YTD. Michael Saylor remains bullish on Bitcoin, despite a planned purchase pause in January. #MicroStrategy #Bitcoin #BTC #MichaelSaylor #Crypto

FARTCOIN reached an all-time high with a $1.2B market cap but corrected 30% to $882M. It's now recovering, up 33% in 24 hours. RSI is neutral at 53.5, while BBTrend is very negative at -25.45. Key resistance is at $0.92; breaking this could push the price to $1.299. However, bearish pressure might drop it to $0.55. #FARTCOIN #Crypto #MarketAnalysis

Bitcoin (BTC) drops 12% to below $97,000, but historical data suggests this pullback could attract new buyers. The Coinbase Premium Index shows significant selling pressure, which has previously led to renewed accumulation. On-chain data indicates a decrease in profit-taking, with holders opting to HODL. Technical analysis points to potential support at $95,871, with a possible rebound to $104,299 or even $108,386 in bullish conditions. However, a decline below support could push the price to $92,144. #Bitcoin #BTC #Crypto #MarketAnalysis

Ethereum (ETH) struggles to reclaim $4,000 but shows signs of a shift with a 5% price increase in the last 24 hours. Key support lies at $3,352 with 3.34M addresses in profit. Major resistance is at $3,508. The Coins Holding Time has surged by 332%, indicating bullish sentiment. Technically, ETH is above the Ichimoku cloud, suggesting potential rises to $4,109 or even $4,500. However, bearish pressure could drop the price to $3,111 or below $3,000. #Ethereum #ETH #Crypto #MarketAnalysis

North Korean hackers, the TraderTraitor group, linked to the Lazarus Group, were behind the DMM Bitcoin hack, leading to a $308 million loss and the exchange's shutdown. The hackers used social engineering to compromise a crypto wallet company, highlighting North Korea's persistent threat to the crypto industry. In 2024, North Korean groups stole $1.34 billion in crypto. The DMM Bitcoin breach is one of Japan's largest crypto thefts. #Crypto #Hacking #NorthKorea #DMMBitcoin #LazarusGroup

Hedera (HBAR) shows signs of a market cap rebound, with a potential climb to $14 billion. Recent price action and a bull flag pattern suggest a possible rise to $0.45. Increased social dominance indicates growing interest. However, selling pressure could drop the value to $0.17. #Hedera #HBAR #Crypto #MarketAnalysis

Hyperliquid denies being hacked by North Korea's Lazarus Group despite on-chain data showing large ETH withdrawals. Security expert Taylor Monahan warns of vulnerabilities and urges caution. North Korean hackers, known for major crypto heists, pose a significant threat. Monahan highlights Hyperliquid's security risks, emphasizing the need for vigilance. #Hyperliquid #LazarusGroup #Crypto #Security #Hacking

The DePin sector sees exciting developments: io.net partners with Zerebro for AI and blockchain integration, MapMetrics plans a token listing after joining peaq’s ecosystem, and Fluence gains early adopters for its cloudless VM program. These moves highlight the growing intersection of decentralized infrastructure and real-world applications. #DePin #ioNet #Zerebro #MapMetrics #Fluence #Blockchain #AI #DeFi

Mantra (OM) price faces bearish pressure with a 13% weekly decline and 21% drop from its November peak. The RSI is neutral at 38.3, while the Ichimoku Cloud indicates bearish momentum. A potential death cross looms, which could push OM to $3.31 support or even $3.03. Bullish momentum could target $3.76 and $4.25 resistances. #Mantra #OM #Crypto #MarketAnalysis

AI might be cool, but let's face it: the road to the future is messy, chaotic, and full of irony. From collapsing bridges to UBI with strings attached—here's why civilization might not be ready for the AI age. 🛠️🤖 https://finixyta.substack.com/p/ai-hype-vs-reality-the-dystopia-were #Dystopia #AI