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Bitcoin Hits $93K, Ripple Shocks, What’s Next?
Crypto’s $131 Million Power Move.
Welcome to Crypto Wire — clear, concise, and crypto-smart.
What we’ll cover today:
🔥 Crypto News You Can’t Afford to Miss.
💰 Crypto’s $131 Million Power Move.
📉 “Buy the Dip”—or Miss the Crypto Moment of the Year?
Bitcoin hits $93,000, Ripple soars 20%, and Ethereum ETFs break records—what’s next for crypto?
Bitcoin Highlights:
Crossed $93,000, marking a historic high.
Triggered $5 billion in whale profits within days.
Michael Saylor predicts $100,000 by 2025, thanks to institutional adoption and pro-crypto policies.
Ethereum Milestones:
ETFs hit $1.63 billion in weekly trading volume, a 44% surge.
ETH prices spiked 25%, signalling increased institutional interest.
Market Volatility:
Bitcoin, Ethereum, and Solana saw minor drops: 2%, 4%, and 3%, respectively.
Ripple defied trends, jumping over 20% in a standout rally.
Future Outlook:
VanEck hinted at a Solana ETF launch by 2025, a potential game-changer for altcoin adoption.
What’s Your Take on This Week’s Crypto Moves? |
The crypto industry made a bold play, spending $131 million to influence Washington.
Here’s what they’re aiming for:
Regulatory Clarity: Push Congress to establish a framework that integrates crypto into mainstream finance.
Leadership Change: Replace SEC Chair Gary Gensler with a crypto-friendly leader.
Shifting Oversight: Transfer regulation from the SEC to the more lenient CFTC.
Pro-Crypto Policies: Trump pledges to make the U.S. the "crypto capital of the planet" and establish a national cryptocurrency reserve.
Big Names Behind the Movement:
Billionaires Elon Musk and the Winklevoss twins donated millions to pro-crypto PACs.
Industry PACs like Fairshake have already amassed $78 million for the 2026 elections.
The Debate:
Critics Warn: Looser regulations could compromise consumer protections.
Crypto Advocates Insist: Clear rules are essential to foster innovation and build the future.
If you’ve been waiting for the perfect entry into crypto, now might be the time.
Michael Van de Poppe, a top analyst, says Bitcoin, Ethereum, and altcoins are nearing critical buy levels.
Key Highlights:
Bitcoin: Trading at $89,250, close to a major zone of interest.
Ethereum: Priced at $3,040, approaching an "optimal entry point."
Altcoins: Watch for 20-50% dips as Van de Poppe predicts big breakouts ahead.
Recent Fed remarks caused Bitcoin to dip below $88,000 after peaking at $91,000.
Cathie Wood predicts Bitcoin could hit $1.5 million by 2030 due to growing institutional interest.
President-elect Trump’s policies might weaken the dollar, creating a favourable environment for Bitcoin.
Source: cryptomemebot
What do you think about today’s edition? |
Disclaimer:
This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.
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