Sygnum Bank also highlights potential risks, including macroeconomic instability, Tether’s dominance in the stablecoin market, meme coin bubbles, and geopolitical tensions.
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Category: Cryptocurrencies
Solana Surges Past $230 – Is a $750 Price Target Now in Play?
The price of Solana has risen to $231, rallying by 3% as Bitwise’s head of research predicts that the coin could rise as high as $750 next year.
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Crypto Market Gains 4% in 24 Hours as Bitcoin Holds Firm Above $100K
The global crypto market rose 4% on Thursday after Bitcoin regained $100K, driven by positive CPI data and expectations of less aggressive monetary policy.
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Trump-Backed WLFI Buys $12M in ETH, LINK, and AAVE, Total ETH Holdings Reach $56M
On Dec. 12, the WLFI multisignature wallet recorded transactions worth $12 million, with the bulk spent on Ethereum.
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Vancouver Approves Motion to Consider Becoming a Bitcoin-Friendly City
Vancouver city council has officially approved a motion to explore becoming a Bitcoin-friendly city.
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A16z Crypto Lead Brian Quintenz in Talks for CFTC Chair Role
Brian Quintenz, current a16z Crypto Policy head, is a top contender to lead the CFTC, potentially shaping US crypto regulation unde Trump.
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ASIC Imposes $8M Fine on Kraken Crypto Exchange Over Regulatory Breach
ASIC fines Kraken for unlawfully issuing a ‘margin extension’ product to customers, since October 2021, without a target market determination.
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Senate Delays Vote on SEC Commissioner Caroline Crenshaw’s Re-Nomination
A Senate committee vote on the re-nomination of Democratic Commissioner Caroline Crenshaw to the SEC has been postponed.
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Rally Ahead: Supply-Demand to Push ETH Over $5K: CryptoQuant
ETH could be on the brink of a rally, with the $5,000 mark within reach, driven by supply-demand dynamics and growing network activity, according to CryptoQuant.
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Bitcoin Price Analysis: BTC Above $100K; US CPI Fuels Price Momentum and ETF Optimism
Bitcoin holds above $100,000 as inflation data, ETF proposals, and regulatory changes drive bullish sentiment. Analysts predict potential for $200,000 by 2025.
The post Bitcoin Price Analysis: BTC Above $100K; US CPI Fuels Price Momentum and ETF Optimism appeared first on Cryptonews. …