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Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next.
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
The market is waiting for the Fed’s next move, or clarity around an ETF, say analysts
DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.
Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting the Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
- 02:10Data: Investment firm USV has once again transferred 578,000 UNI to CEX, valued at approximately 8.45 million USDAccording to ember monitoring, the venture capital firm USV continued to transfer 578,000 UNI to CEX 8 hours ago, worth about $8.45 million. Since December 6th, USV has cumulatively transferred a total of 3.511 million UNI that it obtained from its investment in 2020 to CEX, with a total value of $54.56 million and an average price of $15.53 per unit. Currently, the USV address still holds approximately 10.364 million UNI valued at around $150 million.
- 02:06Market dynamics on December 25: Both BTC and altcoins have rebounded, with US stocks rising in sync; MicroStrategy announces plans to raise $42 billion over the next three yearsI. Market Dynamics 1. BTC rebounds, altcoins rebound. MicroStrategy plans to raise $42 billion over the next 3 years. 2. U.S stocks rise, markets closed all day Wednesday for Christmas. II. Market Focus 1. Middleware PHA surges significantly. PHA is a TEE solution provider of the ELIZA framework, and the recently popular on-chain AIPOOL is its launch platform; SPORE is an AI breeding evolution sandbox, these projects are related to PHA. 2. Old coins ZEN, BAT, ZEC, LPT etc., surge significantly with Grayscale increasing holdings multiple times. 3. MEME's PENGU surges significantly and will introduce L2 in future; NFT issuance route follows previous APE-like pattern. 4. Platform coin BGB surges significantly by fivefold within a month with market value exceeding $10 billion USD. 5. FARTCOIN and AI16Z of on-chain AI surge dramatically with high amplitude fluctuations at high levels.VIRTUAL averages two airdrops per week; sub-coins GAME,MUSIC etc., surge significantly as well .
- 01:36Glassnode: Solana has maintained a positive net capital inflow since the beginning of September 2023Glassnode posted on the X platform, saying: "Since the beginning of September 2023, Solana has maintained a positive net capital inflow, with only a small amount flowing out during this period. This continuous influx of liquidity has helped stimulate Solana's growth and price increase, reaching a significant peak of $776 million in new funds flowing in daily."
