TronWeekly

Crypto World News

You are here: Home / All Posts

All Posts

Bitcoin’s Next Massive Gold Benchmark Could Be 89 Ounces: Peter Brandt

by

  • Bitcoin now trades at 39 ounces of gold per BTC, a record high.
  • Veteran trader Peter Brandt predicts BTC could hit 89 ounces of gold.
  • Bitcoin’s price surge points to a short-term target of $120,000.

Bitcoin (BTC) has reached a new milestone. On December 15, the world’s largest cryptocurrency by market cap broke its previous record against gold, cementing its position as a top-performing asset. BTC now trades at 39 ounces of gold per BTC, surpassing its former peak of 37 ounces. This historic achievement occurred as BTC surged past $106,000 in dollar terms.

The debate between gold bugs and Bitcoin enthusiasts has raged for years. Many skeptics argued that BTC had not truly reached its potential until it outperformed gold, the age-old store of value. BTC’s new record silences these critics. By breaking years-long resistance at 37 ounces of gold per BTC, the digital asset has further solidified its role as “digital gold.”

Peter Brandt, a veteran commodities trader, believes this is just the beginning. In a bold prediction, Brandt forecasts BTC could more than double its valuation against gold, climbing to 89 ounces per BTC. This represents a potential 100% gain from current levels.

Screenshot 363
Source

Bitcoin’s Price Surge and Future Targets

Bitcoin’s rally has been nothing short of extraordinary. From $68,700 in November 2024, the cryptocurrency soared to over $106,000 before slightly pulling back to $105,000. Brandt’s analysis suggests the recent breakout against gold and the dollar could continue, with a short-term price target of $120,000.

The surge comes amid growing investor confidence in BTC as an inflation hedge and a store of value. Analysts believe BTC’s performance against gold highlights a generational shift in asset preferences. The cryptocurrency market cap now hovers around $2.1 trillion, with BTC accounting for 49% of that total.

The metrics and implications include Bitcoin’s new record-breaking BTC-to-Gold ratio of 39 ounces, surpassing its previous high of 37 ounces. The BTC/USD price reached a peak of $106,000 before slightly retreating to $105,000. BTC’s market capitalization stands at $2.1 trillion, with its dominance in the market at 49%. These figures highlight BTC’s strong performance and continued appeal as a leading digital asset.

Peter Brandt’s bullish forecast signals the potential for Bitcoin to challenge traditional assets further. If his prediction of 89 ounces per BTC comes true, Bitcoin’s role as a primary store of value will become undeniable.

Justin Sun Plans 53K ETH Move Sparking Market Buzz Amid $4K Ethereum Rally

by

Justin Sun, the founder of Tron, has announced plans to acquire 52,905 ETH worth approximately $209 million. This move comes shortly after a significant Ethereum selloff by Sun, raising questions about his strategy. Ethereum prices have shown resilience, hovering near $4,000 despite market uncertainty surrounding Sun’s activities.

Tron Founder Justin Sun Plans To Bag 53K ETH

As reported by the on-chain analytics platform Spot On Chain, Justin Sun has applied to withdraw 52,905 ETH from Lido. This withdrawal aligns with his previous accumulation of 392,474 ETH, purchased for around $1.19 billion through three wallets. Sun holds an estimated profit of $349 million from his Ethereum investments, with a 29% return on investment.

Recently, Sun sold 29,920 ETH, valued at $119.7 million, to the HTX exchange following Ethereum’s price spike to $4,000. This selloff and his latest accumulation plan have sparked concerns about its impact on Ethereum’s market dynamics. Given the potential influence on the asset’s price, investors are closely monitoring his next moves.

Ethereum’s price increased by over 1% in the last 24 hours, reaching $3,937.41 with a high of $4,020. The cryptocurrency’s one-day trading volume surged 11%, hitting $30.5 billion, reflecting strong market activity. ETH has gained 27% over the past month, showcasing growing investor confidence.

Data from CoinGlass revealed a 5% increase in ETH Futures Open Interest, indicating bullish market sentiment. However, market experts are cautious about whether Sun’s planned acquisition will trigger further volatility. Despite these concerns, Ethereum whales have been actively buying as prices surpassed $3,300.

Market Experts Speculate on Justin Sun’s Intentions

Sun’s recent moves have fueled debates about whether he will continue selling ETH or hold his current assets. Some analysts suggest his actions could dampen Ethereum’s price momentum if significant selloffs follow. Others believe his accumulation signals long-term confidence in Ethereum’s potential growth.

AD 4nXdL2l FU0qqNuv8SVZ0b asUqRm0oaRxT N sFBzIC8VVAxQ3rKCihtv8DCeiePYGl 0ScF92ZvGpUZb rOXMyQX5 5RBUeO0ooQkjcclLokG8cCDkHA 9sMyRIu6 kbDRfiDhtgg?key=cPym2DGafIF6s8BNtLp2dRpk

Source: Ali Martinez, X

Meanwhile, experts remain optimistic about Ethereum’s broader market trends. Analysts predict the asset may target the $15,000 mark in the future, boosting investor sentiment. As Ethereum’s price climbs, market participants will closely watch for Sun’s next steps and their implications.

Analysts Consider Plus Wallet a Game-Changer as Crypto Market Hits New Heights & Litecoin Defends $100 Level

by

The digital payment space is evolving quickly, and Plus Wallet is grabbing attention for its innovative earning features. As the crypto wallet market expands, Plus Wallet offers tools that let users earn passively. The “Swap to Earn” feature rewards users with USDT for every trade, while the “Refer to Earn” program boosts rewards for inviting others to the platform.

This approach makes everyday crypto use profitable, a feature gaining popularity among both new and seasoned users. Platforms like Plus Wallet are leveraging this trend by combining simplicity, security, and opportunities for financial growth. Its user-friendly design lets users store and manage assets securely while benefiting from self-custody and privacy features. 

image 16 66

As adoption grows, wallets like Plus Wallet are shaping the future of how people engage with crypto, making it easier to turn simple activities into ongoing income. 

Digital vs. Crypto Wallets

The competition between digital wallets and crypto wallets is redefining how players make transactions in online gaming. Popular digital wallets like PayPal and Apple Pay are known for their ease of use and wide acceptance on gaming platforms. These wallets store card details and loyalty rewards, streamlining payments.

On the other hand, crypto wallets like MetaMask and Coinbase Wallet cater specifically to digital currencies. They excel in privacy, offering anonymous and secure transactions. Additionally, they bypass traditional banking systems, making them ideal for gamers who want cost-effective and flexible options.

image 16 65

The merging of these wallets into gaming ecosystems gives players more choice, ensuring the industry continues to innovate.

Litecoin Holds $100

Litecoin saw a sharp drop of 20%, falling to $108 on December 9 due to global market instability. However, bulls are stepping in with $10.8 million in leverage to defend the critical $100 support level.

According to derivatives data, traders are betting heavily around this zone, suggesting a potential bounce. If Litecoin holds this line, it could spark a short-term rally. The RSI indicator shows signs of improving momentum, providing hope for recovery.

AD 4nXe8QE65TI01owEJNpX3y6jd3qIxEPK3UO6pKoTKWlYK9nb21GweFY5xy1NSgEIx5wCBkP2pxAc3u7J6Kp0ztEWJL 3kqrQs5542U4 UkPMeb PDBQXr7kzfeqjh6wvPyhDAKEjqDw?key=goDxHZdNo6 kjWadLkQY ZCD

Why is this crucial? The $100 mark is a psychological benchmark for traders. If it holds, Litecoin’s next rally could arrive swiftly, especially if external tensions ease.

Plus Wallet: A Game-Changer for Crypto Earnings

The recent surge in weekly crypto inflows, reaching $1.98 billion, highlights the rising interest in platforms that offer both convenience and earning potential, like Plus Wallet. This growing demand reflects how users increasingly value platforms that turn simple activities into profitable opportunities.

Plus Wallet’s innovative “Swap to Earn” feature rewards users with USDT for every trade, allowing them to generate a steady stream of income with minimal effort. In addition, its “Refer to Earn” program empowers users to grow their portfolios by inviting others to join, fostering community-driven growth.

AD 4nXdb31m1 kEe0DIQR2Tka1Qz1FXMB2pQ6t 3gu4DiaPWYxh15mYWdgfS 5peXPo0lFwo9YY TybYs57jOCDXD0qF92TEreczE1ffoed2I0QK3 uiwsNIKvMpT3JxZBd LpT3dAQQSg?key=goDxHZdNo6 kjWadLkQY ZCD

Designed with user-friendliness and security at its core, Plus Wallet consolidates all digital assets on one streamlined platform. Advanced privacy features and self-custody options further enhance its appeal, providing peace of mind for those who prioritize security while managing their crypto holdings.

As the crypto industry expands and user expectations evolve, platforms like Plus Wallet are setting new benchmarks in asset management and passive income generation. 

By combining simplicity, security, and earning opportunities, Plus Wallet caters to both novice and experienced users, making it an ideal choice for those seeking to protect and grow their wealth in an ever-changing market. Its forward-thinking approach positions it as the best crypto wallet for security in the growing crypto wallet landscape.

Final Thoughts

The evolving battle between digital wallets and crypto wallets reflects diverse user needs. While digital wallets simplify payments, crypto wallets bring anonymity and efficiency to the forefront.

image 16 64

Litecoin’s resilience at the $100 mark and Plus Wallet’s rising popularity highlight the growing potential of crypto investments. By offering unique features like “Swap to Earn” and “Refer to Earn,” Plus Wallet is turning everyday transactions into income opportunities.

Explore Plus Wallet:

Website: https://pluswallet.app/

Download:https://pluswallet.onelink.me/8QWS/install

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

XRP Skyrockets 370%, Crushing Bitcoin’s 46% Gain

by

  • XRP soared 370% since Trump’s election victory, surpassing Bitcoin’s 46% and the market’s 93%.
  • Institutional interest grows, with ETF applications from major firms like Grayscale and Bitwise pending SEC approval.
  • Trading volume surged 5.4%, with Binance and Upbit leading XRP’s $6.78 billion daily turnover.

XRP has taken the spotlight in the crypto world, outshining its peers during the Trump-led market rally. CNBC recently hailed Ripple token as the biggest winner in the wake of Donald Trump’s election victory. The asset surged an astonishing 370% since November, far surpassing Bitcoin’s 46% gain and the broader market’s 93% rise.

Before the rally, XRP traded around $0.50, a low point after the SEC appealed the Ripple ruling. However, the election acted as a catalyst. By December 3, Ripple altcoin soared to a remarkable $2.86, marking a meteoric rise. At its peak, Ripple dethroned Solana (SOL) and Tether (USDT) to claim the third spot in market capitalization.

Driving Factors Behind XRP’s Rally

Speculation surrounding Trump’s victory played a crucial role in Ripple’s price surge. Investors bet on the election resolving Ripple’s legal woes with the SEC. A federal judge’s ruling that the altcoin isn’t inherently a security further boosted confidence.

This favorable legal climate ignited institutional interest. Major players like Bitwise, Canary Capital, and Grayscale are now competing to launch XRP ETFs. Analysts believe the SEC may approve one soon, potentially making the altcoin the third cryptocurrency to gain ETF approval in the U.S.

Despite its success, The altcoin’s journey hasn’t been without hurdles. After testing $2.86, it faced a correction, dropping to $1.9 on December 10. Yet, the announcement of NYDFS’ approval for Ripple’s RLUSD stablecoin fueled a swift rebound to $2.4.

As of now, XRP trades at $2.41, slightly down by 0.97% in the last 24 hours. Over the past day, its trading volume grew by 5.4%, reaching $6.78 billion. Binance led the trading activity with $884.13 million in volume, followed by South Korea’s Upbit at $700.82 million.

While XRP recently lost its third spot to USDT, the competition remains fierce. Bulls view the asset’s minor dips as buying opportunities, reflecting strong confidence in its potential.

ShibaSwap Unveils Liquid Staking and Karma Points to Boost DeFi 

by

  • ShibaSwap introducеs liquid staking, еnаbling usеrs to stаkе tokеns аnd rеtаin liquidity whilе еаrning rеwаrds.
  • K9 Finаncе, lаunchеd on Sеptеmbеr 18, hаs lockеd 2.42 million BONE tokеns, with knBONE vаluеd аt $1.45M.
  • Thе Karma Points systеm boosts govеrnаncе, аllowing usеrs to influеncе votеs in thе upcoming Shib Doggy DAO.

ShibaSwap, thе dеcеntrаlizеd еxchаngе in thе Shiba Inu еcosystеm, is sеtting thе stаgе for groundbrеаking dеvеlopmеnts with thе introduction of liquid staking аnd а Karma Points systеm. Thеsе updаtеs аim to еlеvаtе usеr еngаgеmеnt аnd еxpаnd thе DEX’s functionаlity within thе DеFi spаcе.

Liquid Staking Revolutionizes ShibaSwap  

Thе liquid staking fеаturе is еxpеctеd to bе а gаmе-chаngеr. Usеrs cаn stаkе thеir tokеns on ShibaSwap whilе still rеtаining liquidity, еnаbling thеm to еаrn rеwаrds without sаcrificing аccеss to thеir аssеts. Whеn tokеns аrе stаkеd, usеrs rеcеivе liquid tokеns thаt cаn bе utilizеd for trаding or аs collаtеrаl on DеFi plаtforms. For еxаmplе, staking TREAT tokеns will providе usеrs with liquid vеTREAT tokеns.  

This nеw fеаturе doеsn’t just еnhаncе liquidity—it аlso еmpowеrs govеrnаncе. vеTREAT tokеns will аllow holdеrs to influеncе rеwаrd аllocаtion for liquidity mining. Howеvеr, TREAT tokеns аrе not yеt аvаilаblе for public usе. As of now, liquid staking is аccеssiblе through K9 Finаncе, а Shibarium-bаsеd liquid staking plаtform аnd thе officiаl staking pаrtnеr for Shiba Inu.  

K9 Finаncе, which lаunchеd on Shibarium on Sеptеmbеr 18, hаs аlrеаdy mаdе significаnt stridеs. Thе plаtform hаs rеgistеrеd 248 stаkеrs аnd lockеd 2.42 million BONE tokеns, with its liquid staking tokеn, knBONE, holding а mаrkеt cаp of $1.45 million.

Karma Points Boost Governance

Anothеr еxciting аddition is thе Karma Points systеm. By pаrticipаting in аctivitiеs likе trаnsfеrring Shiba Inu еcosystеm tokеns (SHIB, BONE, LEASH, аnd TREAT) or providing liquidity on ShibaSwap, usеrs cаn еаrn points thаt boost thеir voting powеr in thе upcoming Shib Doggy DAO.  

Thе Shib Doggy DAO, though not livе yеt, is еxpеctеd to bе а pivotаl govеrnаncе tool, аllowing tokеn holdеrs to votе on significаnt initiаtivеs. Plаns to lаunch thе DAO аrе sеt for thе еnd of nеxt yеаr. This аligns with thе еcosystеm’s vision of dеcеntrаlizеd dеcision-mаking, еnhаncing community involvеmеnt.  

Whilе thе timеlinе for lаunching liquid staking on ShibaSwap rеmаins unclеаr, thеsе updаtеs signаl thе еcosystеm’s commitmеnt to innovаtion аnd usеr еmpowеrmеnt. As thе Shiba Inu tеаm continuеs to rеfinе its offеrings, ShibaSwap usеrs аrе poisеd to bеnеfit from еnhаncеd fеаturеs аnd govеrnаncе tools thаt shаpе thе futurе of DеFi.

Related Readings | Ripple’s RLUSD Launch Fuels XRP’s Rise Toward $3

Upbit Expands Offerings: MOCA Markets Now Live with KRW, BTC, USDT

by

Key Takeaways

  • Upbit launches Moca Network (MOCA) markets in KRW, BTC, and USDT.
  • Deposit and withdrawal support is limited to the Ethereum network.
  • Trading restrictions will apply for the first few minutes post-launch.

Upbit, South Korea’s leading cryptocurrency exchange, has announced the introduction of the Moca Network (MOCA) into its trading ecosystem. Starting from December 16, MOCA will be traded against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). This will also be a milestone for Upbit and Moca alike in accordance with Upbit’s policy to list more digital assets for users.

Important Trading Restrictions

Upbit has, in its announcement, highlighted a few of the key trading restrictions for the launch. First, buy orders will be limited for about five minutes post-launch and sell orders below 10% of the previous day’s closing price will face a temporary restriction.

Moreover, market and reservation orders will not be available one hour after trading opens. These measures are put into place in order to avoid chaos within the trading atmosphere at the opening of the MOCA market.

According to Upbit, the latest prices of MOCA have reached the previous day’s closing price of 139.4 KRW and are currently at 137.5 KRW. Traders are therefore advised to reconfirm the closing price and, based on that, strategize before the commencement of trading.

MOCA Network: A Web3 Ecosystem with Cultural Interoperability

Moca Network tries to fill the gap in the field of cultural interoperability within the Web3 space, using its MOCA token to increase the utility and functionality of its ecosystem. The project is about knitting three areas together: education, gaming, and development, providing value added in an NFT holdership scenario for MOCAbus.

MOCA also fuels platform governance, staking, and reward mechanisms. The MOCA ID is Moca Network’s identity authentication mechanism. It applies blockchain technology and has already been implemented on the Mainnet. It is designed for users to interact safely within an ecosystem to claim rewards or participate in various functions.

The MOCA token is used for platform fees and as a medium of exchange throughout the wider ecosystem of interconnected projects. However, the beginning of MOCA trading through Upbit brings digitized assets to grow user investment and participation with one more avenue into the greater and growing Web3 ecosystem.

Related Reading | FASB Fair Value Rule Unlocks Bitcoin’s Corporate Growth Potential

5 Best No Deposit Bonus : What Is The Best Free Online Casino With No Deposit Bonus? Free Welcome Bonus No Deposit Required Real Money Casinos For 2025!

by

Playing at online casinos with best no deposit bonus codes is the biggest dream of all the players out there. If you are a online casino gambler, then you too would have craved to get a no deposit bonus codes. It is like getting a free win. And, even if you did not get to win the game, you will not lose anything. That’s the best part about getting no deposit bonus or you can also call it a free bonus.

Here in this article, we are about to look at the best online casino real money no deposit bon us codes 2025 where you can get the highest no deposit casino bonus codes. Let us tell you that, a no deposit codei is not something you can find at all the casinos. It takes a special casino to give you a special bonus.

In this Christmas season, let us join hands with the true spirits of the time and enjoy the best bonuses that these casinos have for you.

Top Online Casino No Deposit Bonus 2025: Sign Up Bonus, Free Spins

Here, we present to you the best bonuses out there along with the bonus codes that you need to get near them. All of this can be found here in this table alone. Read it and save your bonus codes, and, claim your bonuses, and have all the fun out there.

CASINOSBONUS OFFERGAMESBONUS CODES
7BitUp to 5.25 BTC 325% Bonus + 250 Free SpinsDeep Sea75BIT
BitStarz5 BTC + 180 Free SpinsWolf TreasureCRYPTO30
MIRAX325% Bonus Up To 5 BTC + 150 Free SpinsVariesNo Codes Required
JACKBITUp To 30% Rakeback + 100 Free SpinsBook Of DeadNo codes required
Bets.io225% Bonus + up to 1 BTC + up to 1500 USDT + 50 Free Spins  VariesNo Codes Required

#1. 7Bit : 5.25 BTC 325% Bonus + 250 Free Spins

image 16 68

7Bit Casino will treat you as its own. You get the biggest casino bonuses. And you will not have any trouble in finding these bonuses and the codes that you need to enter to get the bonuses. All these things are arranged perfectly on the casino website and you will be able to claim them at any time. There is no need to worry about you not being able to claim these bonuses. However, make sure that you always notice the latest bonuses and do not forget to claim any of them.

#2. BitStarz: 5 BTC + 180 Free Spins

image 16 69

BitStarz Casino is the best new online casino with no deposit bonus codes . And, we will say that to anyone at any time. This casino has some of the greatest crypto casino offers. You will often wonder how the casino is able to provide all the huge offers. It only means one thing. BitStarz loves its customers more than anything out there. You just need to get into the caiso and you will feel this warmth of love too.

The casino has been here for the past many years, and it has earned a high level of brand trust and reputation among all of the players and the community and this is the basic factor of the casino’s victory of the casino. And this is what it provides to all of its players in the form of unending love and more.

#3. MIRAX: 325% Bonus Up To 5 BTC + 150 Free Spins

image 16 70

MIRAX is a new-generation best online casino real money no deposit and it is one of the most popular online real money casinos 2025. It has so many fans from all around for all of the amazing products and services that it provides to its followers.

You can create an account at MIRAX gambling real money no deposit  and you will never forget being there. In fact, you will regret it, if you didn’t create an account there. What we suggest is to visit the casino website right now and navigate through it to learn more about MIRAX best online no deposit casino.

#4. JACKBIT

image 16 71

JACKBIT Casino has the best no deposit bonus offer for all of the players who are entering its world. You can be a new player and the casino knows how to cheer you up. With its best bonuses, you will find yourself at the top of the casino and enjoying all the privileges that you want to enjoy. It is the best thing that you can ever ask for. If you have never played at JACKBIT real money online casino, then we say that you go ahead and play in the casino to have all of the fun. It is one of the best platforms you can gamble on this Christmas season!!!

#5. Bets.io

image 16 72

Bets.io Casino has one of the most massive crypto casino bonuses, ever. You get a chance to win both Bitcoin and USDT in one single welcome bonus. You did see that, right? How amazing is that!! You need to rush to the casino website to grab the best of the best bonuses. These bonuses are the perfect example to say that, the casino really loves its customers, more than anything.

Advantages Of Casino No Deposit Bonus 2025

✅Risk-Free Opportunity to Try the Casino

  • No financial commitment: Since no deposit is required, players can explore the casino and try different games without risking their own money. This is ideal for beginners or those trying out a new platform.
  • Test the games: You can experiment with various casino games (slots, blackjack, roulette, etc.) and get a feel for the casino’s software and offerings before deciding to deposit any of your own money.

✅Chance to Win Real Money

  • Although you don’t need to deposit money, no deposit bonuses typically allow you to win real money. While there may be some wagering requirements (i.e., you need to bet the bonus a certain number of times before you can withdraw winnings), it’s still a great way to win without risking anything upfront.

✅Free Play and Extended Playtime

  • No deposit bonuses provide extra playtime for free. Players can enjoy more rounds of their favorite games or try new ones, which can increase their chances of hitting a win or learning a game’s strategy without spending a cent.

✅Explore Casino Features

  • The bonus gives players a chance to explore the site’s features such as payment methods, customer support, and navigation without financial pressure. This helps in making an informed decision when choosing a casino to play at regularly.

✅Increased Chances to Understand Bonus Terms

  • If you’re new to online gambling, a no deposit bonus allows you to familiarize yourself with the casino’s bonus terms and conditions (wagering requirements, eligible games, etc.) before committing real money. It’s a low-risk way to learn the ropes.

✅No Financial Risk Involved

  • If you don’t win, you haven’t lost anything. The worst-case scenario is that you don’t make any money, but you don’t lose any of your own either.

✅Frequent Promotional Offers

  • Many casinos offer no deposit bonuses as part of regular promotions, especially for new players. If you’re a frequent casino player, you might be able to take advantage of several of these types of offers across different platforms.

✅Bonus Variety

  • No deposit bonuses often come in different forms, such as free spins on specific slots or a small cash bonus. This adds variety and flexibility to the kind of promotions players can enjoy.

Final Verdict On Best Online Casino Real Money No Deposit 2025

Looking to find the best online casino welcome bonus no deposit ? Then, your destination is either one of these five: 7Bit, BitStarz, MIRAX, JACKBIT and Bets.io. As of the latest data, these five brand new online casinos are where you can get the best bonuses that do not require a deposit. You can create an account at any of these casinos and claim the best bonuses that you would love to have. Make sure that you know the code to claim the bonuses if they require one. That being said, all the best dears!

FAQs

1.   Can I buy no deposit bonuses?

No, you can not buy no deposit bonus from an online casino.

2.   Is it safe to claim a no deposit bonus?

Yes, it is completely safe to claim a no deposit bonus and play the games using it.

3.   Do all no deposit bonuses have a redeem code?

No, all no deposit bonuses do not have a redeem code. Some of them come without a bonus code.

4.   How to make sure that the casino I choose has no deposit bonus offers?

You can visit the casino website and check for the availability of no deposit offers.

5.   Can I claim the no deposit bonus many times?

No, you can not claim the same no deposit bonus many times. It can only be claimed once.

Ripple’s RLUSD Launch Fuels XRP’s Rise Toward $3

by

  • XRP surged over 200% but faced a 12% dip before rebounding, fueled by optimism over regulatory changes.
  • Ripple’s ecosystem expansion and RLUSD stablecoin launch bolster XRP’s institutional appeal.
  • Analysts predict XRP could hit $3 by early 2025 amid bullish market sentiment.

Ripple XRP has been on a rollercoaster ride this month. The token surged by over 200% recently, making waves in the cryptocurrency market. Despite outperforming Bitcoin (BTC) and Solana (SOL), XRP faced a sharp 12% dip last Thursday, cooling its upward momentum. It has since rebounded, regaining investor confidence. XRP remains a trending choice among crypto enthusiasts, as its evolving ecosystem and favorable political climate drive optimism.

The US political scene is turning pro-crypto, and XRP stands to gain. With Gary Gensler stepping down as SEC chair, Ripple’s long legal battle with the SEC might finally see a positive resolution. Donald Trump’s new SEC appointee has sparked hopes for a freer regulatory environment. This change has already buoyed XRP’s price and could fuel a sustained rally if the legal overhang is resolved in Ripple’s favor.

Ripple Ecosystem Strengthens

Ripple continues to expand its global footprint, fostering collaborations with institutions. The launch of RLUSD, Ripple’s native stablecoin, has added a fresh layer of utility to the ecosystem. RLUSD could become a game-changer, attracting institutional interest and strengthening XRP’s position in global finance.

Analysts are optimistic about XRP’s price outlook. Predictions suggest the token could reach $3 as soon as January 2025, driven by regulatory clarity, ecosystem growth, and market momentum. However, XRP’s ability to maintain its rally depends on broader market trends and Ripple’s ability to capitalize on these tailwinds.

XRP has emerged as one of the top-performing assets, recording an impressive 200% surge within a month. With a global market cap of $47 billion, it currently holds the 4th position among cryptocurrencies. Investor interest remains strong, as evidenced by an 85% spike in trading volumes this December. Analysts are optimistic about its potential, predicting a price target of $3 by January 2025, though it faces a key resistance level at $2.45.

Dogecoin’s Meteoric Rise: DOGE’s 85% Surge Predicted by 2025

by

  • Bullish Surge Expected: Analysts predict an 85% rally to $0.75 by early 2025, fueled by whale activity and bullish sentiment.
  • Whale Activity Peaks: $160 million worth of DOGE purchased within 24 hours signals investor confidence.
  • Long-Term Forecast: Dogecoin could average $1.34 by 2026, with a high of $1.48.

Dogecoin (DOGE), the world’s favorite meme cryptocurrency, is gearing up for a potential explosive rally. Currently trading at $0.40, the digital asset has garnered significant attention, riding high on its meme status and market activity.

Last month, Dogecoin reached a yearly high of $0.47, doubling its price within weeks following Trump’s re-election. This surge brought a wave of bullish sentiment, placing DOGE among the top-performing assets of the year. Over the past year, the coin has soared nearly 350%, outperforming many established cryptocurrencies.

Whales Fuel Dogecoin’s Momentum

Recent whale activity is driving optimism. Over the last 24 hours, whales have snapped up $160 million worth of DOGE, according to data from Ali Martinez. This influx of capital suggests strong backing from high-net-worth investors. Martinez’s analysis predicts that the current consolidation phase mirrors DOGE’s 2021 behavior—a precursor to its historic rally to $0.75.

Based on Fibonacci retracement, Dogecoin could surge 85% from its current price by January 2025. If realized, this move would push DOGE to approximately $0.75443, edging closer to the coveted $1 mark.

Looking beyond 2025, analysts project Dogecoin breaking through the $1 barrier. Digital Coin Price predicts an average price of $1.34 in 2026, with a high of $1.48 and a low of $1.20. This would represent a staggering leap from its current levels, cementing DOGE’s place as a leading digital asset.

Despite a 4.37% dip over the past month, market sentiment remains optimistic. This consolidation phase may serve as the springboard for another bullish rally. DOGE enthusiasts are now eyeing the closing months of 2024 and early 2025 as critical periods for potential growth.

Dogecoin is currently trading at $0.40, with a yearly high of $0.47 recorded in 2024. Over the last 24 hours, whales have purchased $160 million worth of the meme coin, signaling strong investor interest. Analysts project that Dogecoin could surge to $0.75 by 2025, with longer-term forecasts suggesting it may reach a high of $1.48 by 2026, averaging around $1.34 during that year.

Bitcoin Smashes $106.5K: A Historic First in 16 Years

by

Key Takeaways:

  • Bitcoin breaks past $106.5K, setting a new all-time high in its 16-year history.
  • Whale activity intensifies, with a 9.9% jump in wallets holding 100+ BTC since October.
  • Speculation places Bitcoin’s potential value at $124.3K by January 2025, based on market patterns.

Bitcoin’s meteoric rise to $106.5K has set a new benchmark, surpassing all previous price records in its 16+ years of existence. This surge comes amidst a steady rally that began on October 10, marked by a wave of institutional and high-net-worth interest.

According to Santiment, there is a high increase in whale activity: 1,582 new wallets with more than 100 BTC represent a 9.9% increase in just a few weeks. The speed of accumulation among large holders reflects increasing confidence in the long-term prospects of Bitcoin. Institutional participants seem to be consolidating positions, given the higher prices witnessed, with Bitcoin still being the talk of most markets.

image 17 10

Bitcoin Chart Patterns Suggest $124.3K Potential

An interesting structure has been set up on the Bitcoin chart, and now is a good time to explore what might be in store for the asset over the next few weeks. Market observers have drawn similarities between the current structure and the setup going into the fourth quarter of 2023. This analysis identifies an 88-day cycle: 37 days distribution, 51 days rally.

image 16 62

If this historic symmetry holds, then by January 31 2025, Bitcoin could change hands theoretically for $124.3K. However, experts reckon the projection to be no more than theoretical since it was derived using past performance and structural analogs.

This could be one plausible pathway, considering the structural intricacy of Bitcoin in its market behavior, and thereby, an indicative framework for traders in analysis toward future movements. Not surprisingly, there has emerged a lot of speculation about predictions; however, the data conceals the resilience and overall cyclicality of this asset class.

Debates Heat Up Amid Record-Breaking Rally

As the price of Bitcoin shoots through the roof, the debate continues to polarize both critics and proponents. Famed critic Peter Schiff commented that it might be all about Michael Saylor, executive chairman of MicroStrategy, and made light of his purchases on Monday every week.

While being a vocal Bitcoin maximalist, he reportedly sits on $9 billion of liquidity to date, which, according to him, gives MicroStrategy the runway it needs to continue growing its position.

Others in the industry have pointed out, including Joseph Betterman, that with his strategy here for the long game, Saylor seems focused on leveraging scarcity and less speculation on the short-term move of the cryptocurrency.

Betterman also made a call for traders to time their positions carefully, mainly around the ATM expiration periods when Saylor cannot sell shares and reduce market volatility. Given that MicroStrategy is set to join the $QQQ index, institutional interest in Bitcoin is likely to increase even more.

Related Reading | Understanding Crypto Exchanges: What to Know