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SHIB Trading Volume Craters by $2.8 Billion as Price Sheds 10% — What’s Next
SHIB Trading Volume Craters by $2.8 Billion as Price Sheds 10% — What’s Next

Shiba Inu trading volume plummets by $2.8B, fueling a 10% price decline. Bearish trends threaten further losses unless buying resumes.

BeInCrypto·2024/12/16 09:30
VanEck's Top Ten Predictions for 2025: The United States adopts BTC strategic reserves, and the bull market will reach a new high by the end of next
VanEck's Top Ten Predictions for 2025: The United States adopts BTC strategic reserves, and the bull market will reach a new high by the end of next

The crypto bull market reached an interim high in the first quarter and set new highs in the fourth quarter.

BlockBeats·2024/12/16 09:06
Flash
  • 13:32
    The number of people in the United States applying for unemployment benefits for the week beginning December 21 was 219,000
    On December 26, the number of initial jobless claims in the United States for the week of December 21 was 219,000. This was lower than the expected figure of 223,000 and higher than the previous value of 220,000.
  • 13:16
    Industry insider: Currently, everything in the cryptocurrency industry is developing in a favorable direction
    Cryptocurrency was once a fringe thing in the eyes of the investing public, an issue of concern for Washington policymakers, and an object of ridicule by top Wall Street figures. But in 2024, this situation changed. Since the beginning of the year, investors holding Bitcoin have seen their returns increase by 126%, with Bitcoin soaring to over $100,000 after Trump's election. Data from Coinmarketcap shows that the market value of all cryptocurrencies has inflated nearly $1.7 trillion. Ian Katz, managing partner at Capital Alpha said: "Currently everything in the cryptocurrency industry is moving in a favorable direction." Cryptocurrency enthusiasts believe that this upward trend will not end soon. Matt Hougan, Chief Investment Officer at Bitwise believes that by this time next year,"we will be having the same conversation about how Bitcoin has experienced an incredible surge". Bitwise predicts that Bitcoin will break through $200,000 before the end of 2025.
  • 13:15
    Bitwise predicts that Bitcoin will break through $200,000 by the end of 2025
    In 2024, the cryptocurrency industry made significant breakthroughs, transitioning from a fringe asset to a mainstream investment tool with significantly increased market acceptance. The price of Bitcoin soared above $100,000, an annual increase of 126%, and the market value of cryptocurrencies grew by $1.7 trillion. Financial giants such as BlackRock launched spot Bitcoin ETFs to attract ordinary investors, and cryptocurrencies were seen as alternatives to gold. At the same time, the pro-cryptocurrency stance of the Trump administration and support from Congress brought legislative and regulatory benefits to the industry. Despite future uncertainties, there is widespread optimism both inside and outside the industry that Bitcoin's upward trend will continue in 2025; Bitwise predicts that Bitcoin will break through $200,000 before the end of 2025.
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