In Brief Travala (AVA) surges 300% after Binance CEO reveals early investment and reports $100M in annual revenue. RSI drops from 96 to 47.8, signaling a transition from overbought conditions to neutral territory as momentum cools. ADX decline to 39.5 suggests weakening trend strength, with key support at $1.56 and resistance at $3.38. Travala (AVA)…
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In Brief MicroStrategy owns over 2% of Bitcoin’s supply, using debt and equity to amass 423,650 BTC worth $41.5 billion. Corporations like Riot and Marathon follow MicroStrategy’s lead, raising millions to expand Bitcoin treasuries. MicroStrategy legitimizes Bitcoin but raises risks of market instability and centralization with concentrated holdings. MicroStrategy, under the leadership of Michael Saylor,…
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In Brief Hyperliquid’s price surged 48.6% to $21.48, driven by strong demand, limited selling, and lack of exchange listings. Virtuals Protocol (VIRTUAL) climbed 41.5% to $2.57, fueled by AI token demand and sustained buying pressure Aave rose 36.20% as whales and a Trump-linked crypto project accumulated the token. as the price eyes $440. As December…
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In Brief OpenSea, a leading NFT marketplace, has registered a foundation in the Cayman Islands. The move is fueling speculation that the NFT marketplace could launcg a token soon. This comes as OpenSea faces declining trading volumes and increased competition. OpenSea, one of the largest NFT marketplaces, has reportedly established a foundation in the Cayman…
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In Brief Bitcoin’s MVRV long/short difference at 27.25% highlights bullish momentum, signaling potential gains above $103,900. The RHODL ratio confirms BTC hasn’t reached its cycle top, supporting the possibility of further price increases. A breakout from the bull flag pattern positions BTC for a potential rally to $112,500, with downside risk to $89,867. Since Bitcoin’s…
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In Brief VanEck predicts Bitcoin will hit $180K, Ethereum over $6K, and Solana $500 in 2025, with mid-term and year-end peaks. Bitcoin may drop 30%, altcoins up to 60%, followed by a strong recovery in the fall of next year. US states and countries like Russia and Canada explore Bitcoin reserves to diversify investments and…
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In Brief Crypto whales bought $35 million in AAVE, boosting its price by 42% in a week. Continued buying could push it higher, barring profit-taking. Whale purchases of 6.30 million VIRTUAL fueled a rally to a new all-time high. The altcoin’s price could surpass $2.30 if buying persists. ONDO’s 17% price gain follows 7.34 million…
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In Brief Ubisoft integrates ENS subnames into the Captain Laserhawk Universe, enabling blockchain-based player identities. Players receive personalized Niji Warrior ID Cards linked to Ethereum addresses for secure in-game asset ownership. “Captain Laserhawk: The G.A.M.E.” launches on December 18, 2024, as a Web3 shooter built on Ethereum’s Arbitrum network. Ubisoft has collaborated with Ethereum Name…
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In Brief Avalanche Foundation raises $250 million in a private locked-token sale led by 40 firms. AVAX price surged 50% in 30 days, reaching $52.80, with potential for a rally toward $60. Avalanche’s Total Value Locked (TVL) crossed $1.61 billion, its highest in almost two years. Avalanche Foundation has raised $250 million through a private locked-token…
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In Brief Ethereum struggles to break the $4,000 barrier, with its price reaching a high of $4,093 on December 6. Ethereum’s Taker Buy-Sell Ratio hits a monthly high of 1.033, indicating bullish market sentiment and rising buy orders. The coin’s positive funding rate and rising On-Balance Volume suggest strong buying pressure, supporting an upward price…
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