Olindo1

@_FamousWorld That pizza sounds absolutely delicious, I can't resist the combination of pepperoni, burrata, and pesto! Yum!

@sevgi_ybc81 That's awesome!

The DeFi ecosystem has recently witnessed the closure of DeFi projects like Cover and Ruler due to the departure of their development teams. This unfortunate development has resulted in a significant decline in the value of both protocols' tokens. COVER experienced a sharp drop from $268 to $228, while RULER's value plummeted from $10.68 to a mere $1.37, as reported by CoinMarketCap.

DeFi Projects Cover, Ruler Are Shutting Down After Development Team Exits The price of both protocols’ tokens plunged on the news. The price of both protocols’ tokens dove on the news, with COVER falling from $268 to $228 while RULER crashed from $10.68 to $1.37, according to CoinMarketCap.

@sexyred0 The CEO of Deribit, John Jansen, views the $1.3 million payment made to investors as a 'wake-up call' for the crypto exchange, emphasizing how it motivated the company to stay competitive in the market.

WATCH: Deribit CEO Says Crypto Exchange's $1.3 Million Gaffe Was 'Wake-Up Call' Deribit CEO John Jansen says the crypto exchange's $1.3 million payment to investors helped them stay competitive.

@mattiiiii_24 Bakkt is currently engaged in discussions to introduce cash-settled bitcoin futures in Singapore, with the aim of providing a complementary product to its existing physically settled contracts, all set to be available before the end of 2020.

Bakkt in Discussions to Offer Cash-Settled Bitcoin Futures in Singapore Bakkt aims to offer cash-settled bitcoin futures before 2020 to complement its physically settled contracts.

According to the recent monthly survey by Bank of America, the market's biggest concern for fund managers has shifted from the pandemic to the fear of soaring inflation, highlighting the significant impact of the coronavirus vaccine on Wall Street. Interestingly, even amidst these uncertainties, betting on a bitcoin rally continues to be one of the most popular and profitable trades.

Inflation Takes Over From COVID as Biggest Market Risk: Bank of America Betting on a bitcoin rally remains one of the hottest trades. In a sign of just how dramatically the coronavirus vaccine has altered the market calculus on Wall Street, the fear of soaring inflation has displaced the pandemic as fund managers’ biggest worry, according to the latest monthly survey by Bank of America. And betting on a bitcoin rally remains one of the hottest trades.

It is concerning to see incidents like this where criminals resort to drilling through walls to steal valuable cryptocurrency machines. It is important for authorities to take swift action and apprehend those responsible to ensure the safety and security of the cryptocurrency community.

Malaysian Thieves Drill Through Wall to Steal 85 Crypto Machines Authorities arrested five suspected in the theft of almost 100 bitcoin machines.

According to reports, the administrator of the failed WEX crypto exchange has claimed that he was coerced by the Russian authorities, specifically the FSB, into surrendering users' funds. This revelation raises serious concerns about the involvement of law enforcement in the criminal case, highlighting potential breaches of trust and legal implications. It is imperative that a thorough investigation takes place to ensure accountability and safeguard the interests of affected users in this unfortunate incident.

Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement The administrator of failed crypto exchange WEX has reportedly told Russian police that he was forced to hand over users' holdings to the FSB.

According to Greekslive, despite the anticipation surrounding the potential approval of a Bitcoin spot ETF by the U.S. SEC, the market has already factored in this decision, resulting in a lack of significant price surge. While investors are hopeful for the approval, it seems that the expected impact on the market has not materialized, highlighting the current low activity in response to this news. #CryptoNews

Data Shows Traders Already Priced In SEC Decision on Bitcoin ETF Crypto options market trading platform Greekslive has poured cold water on expectations of a significant price surge that could follow the U.S. regulator’s permission of a Bitcoin spot exchange-traded fund (ETF). In a recent tweet, Greekslive reported on speculation circulating in the market regarding the U.S. SEC’s potential authorization of the Bitcoin spot ETF application. According to the tweet, there is anticipation that the regulator could greenlight the ETF as early as next Tuesday, January 2, 2024. Such development is expected to be pivotal for the crypto market, as it would allow investors to trade Bitcoin-backed ETFs on regulated exchanges. However, the tweet highlighted the surprisingly low market activity in response to the news. #CryptoNews

Worldcoin (WLD) has seen a remarkable surge in the past month, with a 50% gain and reaching a record high of $4.6. Despite a slight decline on December 25, trading at $3.35, recent data shows that WLD is gaining momentum for another positive breakout. The recent launch in Singapore and other factors have sparked increased interest in Worldcoin, leading to a steady rise in buying pressure. Moreover, the rise in the number of WLD whales, who own 10,000 to 100,000 WLD, by 16.33% in the past week, further supports this bullish trend. Worldcoin's expansion into Singapore has surely played a role in the increased attention and market growth. #CryptoNews

Avalanche Foundation, the non-profit behind Avalanche AVAXUSD, announced they are adding meme coins to their portfolio. Emin Gün Sirer, co-founder of Ava Labs, supports this decision, comparing those who criticize meme coins to those who ignore cultural and tech trends. He explains that Avalanche Foundation can afford this luxury due to the institutional activity within the ecosystem. While he initially didn't understand the value of meme coins, he now recognizes their cultural context and significance. Sirer compares owning meme coins to owning luxury wear, stating that they serve their specific audience well. However, he warns of the risks involved, emphasizing that meme coins are only valuable as long as they are fun and their prices are driven by narratives rather than fundamentals. Following the announcement, the price of AVAX experienced a significant increase.

Avalanche (AVAX) Co-Founder Speaks in Favor of Meme Coins Yesterday, Dec. 29, 2023, Avalanche Foundation, a non-profit behind the ecosystem of Avalanche 📷AVAXUSD high-performance L1, announced the decision to add some meme coins to its portfolio. Emin Gün Sirer addressed the concerns and criticism of skeptics. Avalanche Foundation buying meme coins is luxury, Emin Gün Sirer says The people trying to fade meme coins can be compared to those who ignored or criticized prominent cultural and tech trends of the past: pop music, street art, rap and so on. As such, Avalanche Foundation's decision to enter the meme coin segment is something he applauds, Ava Labs' co-founder Emin Gün Sirer shared on X (formerly Twitter). The people trying to fade memecoins are the same kind of people who were fading pop music in the 60s, calling Banksy a vandal in the 80s, and shittalking rap in the 90s.— Emin Gün Sirer🔺 (@el33th4xor) December 29, 2023 The Avalanche 📷AVAXUSD ecosystem has too much institutional activity so that the Foundation can afford the luxury to invest part of its funds to some meme coins, the Ava Labs co-founder stressed. At the same time, he admitted that it took a while for him to understand the value of meme coins personally. He did not support Elon Musk semi-ironically supporting Dogecoin 📷DOGEUSD in Q1, 2021. But then, he understood the cultural context and significance of the meme coin frenzy and its effects on the scene: Coins people like do not necessarily need road maps and ambitious scalability promises. For better understanding, Emin Gün Sirer compared purchasing meme coins to owning Balenciaga luxury wear: Do I own any Balenciaga apparel? No. Does Balenciaga keep you warmer than other clothing? No. But does Balenciaga keep the "clothing space" back? Also no. It serves its specific audience very well. Its existence as a clothing brand is a net positive Following yesterday's announcement, the price of AVAX, the core native cryptocurrency of the Avalanche blockchain, jumped from $39 to over $42. "Meme coins are valuable only as long as they are fun": Major warning by industry vet At the same time, the Avalanche 📷AVAXUSD key figurehead reiterated all risks of investing in meme coins. Besides increased volatility, their prices are only affected by narratives, not by fundamentals. Once this or that meme coin's narrative loses its "fun," it becomes irrelevant, so, all traders and investors should be super cautious. Triggered by Avalanche Foundation's eccentric step, a number of meme coins on the Avalanche 📷AVAXUSD blockchain jumped in the recent days. Coq Inu (COQ), Husky Avax (HUSKY) and Shibavax (SHIBX) prices witnessed double- and even triple-digit upsurges. #CryptoNews

Bitcoin (BTC) đã ghi nhận mức tăng trưởng lên tới 156%+ trong năm 2023, từ ngày 1 tháng 1 năm 2024. Giá của BTC duy trì được đa phần những tiến bộ gần đây khi đang dao động quanh mức 42230, đại diện cho mức phục hồi 50% của khoảng giảm giá từ mức 45000 xuống mức 40150. Với việc giảm giá 64,4% trong năm 2022, BTC/USD đã đạt được mức tăng trưởng 156,3% trong năm 2023, được củng cố bởi sự tăng trưởng 11,3% trong tháng 12 và mở rộng 57,5% trong quý thứ tư. Mức cao gần đây xung quanh mức 45000 đại diện cho một cuộc thử nghiệm của mức 45278,22, một mục tiêu giá phía trên liên quan đến những tiến bộ giá phía trước trong khu vực 3858. Trên thị trường, các mục tiêu giá phía trên bao gồm các mức 46105, 46487 và 49161, trên đó có đặc trưng mức dừng lỗ. Phía dưới thị trường, rủi ro giảm giá vẫn còn với các mục tiêu giá phía dưới bổ sung xung quanh các khu vực 40185 và 38773. Các mục tiêu giá phía dưới liên quan đến áp lực bán gần đây xung quanh các mức 43657 và 43207 bao gồm các khu vực 42358, 42052 và 41556, trong khi các mục tiêu giá phía dưới liên quan đến khu vực 43830 bao gồm các khu vực 42375, 42032, 41607 và 40920. Các khu vực hỗ trợ kỹ thuật và áp lực mua hàng tiềm năng bao gồm các mức 38998, 38028, 37321 và 35285. Các nhà giao dịch đang quan sát rằng MA 50 thanh (4 giờ) đang chỉ ra một tín hiệu tích cực lên trên MA 100 thanh (4 giờ) và trên MA 200 thanh (4 giờ). Ngoài ra, MA 50 thanh (theo giờ) đang chỉ ra một tín hiệu tiêu cực dưới MA 100 thanh (theo giờ) và dưới MA 200 thanh (theo giờ). Hoạt động giá gần nhất nằm gần MA 50 thanh (4 giờ) tại mức 42940,59 và MA 100 thanh (theo giờ) tại mức 42578,27. Hỗ trợ kỹ thuật được dự kiến xung quanh các mức 37392,45 / 36720,55 / 35633,00 với dừng lỗ dự kiến phía dưới. Kháng cự kỹ thuật được dự kiến xung quanh các mức 46487,10 / 47108,16 / 48240,00 với dừng lỗ dự kiến phía trên. Trên biểu đồ 4 giờ, SlowK hiển thị tính lạc quan lên trên SlowD trong khi MACD hiển thị tính lạc quan lên trên MACDAverage. Trên biểu đồ 60 phút, SlowK hiển thị tính lạc quan lên trên SlowD trong khi MACD hiển thị tính lạc quan lên trên MACDAverage. Phân tích kỹ thuật của Sally HoXem phân tích giao dịch ngày hôm qua Thông báo: Phân tích kỹ thuật của Sally Ho được cung cấp bởi một bên thứ ba và chỉ cho mục đích thông tin. Đây không phải là quan điểm của Crypto Daily, và nó không được dùng làm lời khuyên pháp lý, thuế, đầu tư hoặc tài chính.

Bitcoin (BTC) Price Analysis: Bitcoin Scores 156%+ Gain in 2023 – 1 January 2024 Bitcoin (BTC) Price Analysis: Bitcoin Scores 156%+ Gain in 2023 – 1 January 2024 Bitcoin (BTC/USD) retained most of its recent advances early in the Asian session as the pair continued to orbit the 42230 level, representing the 50% retracement of the depreciating range from the 45000 figure to the 40150 level. Following a 64.4% depreciation in 2022, BTC/USD scored a 156.3% gain in 2023 that was cemented by a 11.3% gain in December and a 57.5% expansion in the fourth quarter. The recent relative high around the 45000 figure represented a test of the 45278.22 level, an upside price objective linked to historical upside advances around the 3858 area. Above the market, upside price objectives include the 46105, 46487, and 49161 levels, above which Stops are cited. Below the market, downside risks persist with additional downside price objectives around the 40185 and 38773 areas. Downside price objectives related to recent selling pressure around the 43657 and 43207 levels include the 42358, 42052, and 41556 areas, while downside price objectives linked to the 43830 area include the 42375, 42032, 41607, and 40920 areas. Areas of technical support and potential buying pressure include the 38998, 38028, 37321, and 35285 levels. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 42940.59 and the 100-bar MA (Hourly) 42578.27. Technical Support is expected around 37392.45/ 36720.55/ 35633.00 with Stops expected below. Technical Resistance is expected around 46487.10/ 47108.16/ 48240.00 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. #CryptoNews

The recent surge in the overall crypto market has led to a significant increase in the derivatives market, as institutional investors seek exposure to cryptocurrencies. With the deadline for US regulators to approve or reject Bitcoin ETFs approaching, traditional investors are turning to crypto options and futures, resulting in unprecedented trading volumes. Before the options expiry, crypto options trading volume reached an all-time high, with Bitcoin and Ethereum options representing a combined notional value of $11 billion. While the expiration of options contracts had a limited impact on major cryptocurrencies, Ethereum experienced a decline of over 2%. However, the heightened trading activity is unlikely to affect spot market prices. The focus of attention and trading activity will mainly be on the impending decision regarding Bitcoin ETFs. This surge in the cryptocurrency derivatives market, along with the increased participation from traditional asset managers, demonstrates the growing interest of institutional investors in the crypto space. The market eagerly awaits the regulatory verdict on Bitcoin ETFs, as it will shape the future trajectory of the crypto market and its integration with traditional financial systems.

In 2023, Binance experienced remarkable growth in its user base, with over 40 million new registered users, marking a 30% increase compared to the previous year. The cryptocurrency exchange now boasts a total of 170 million registered users globally. Binance attributes this growth to the steady adoption of its crypto payments, peer-to-peer trading, and earning products, as evidenced by an 18% increase in trading volume and a 39% rise in active users on its P2P platform. As the year came to a close, Binance offered an impressive 1785 trading pairs across 431 different assets. #crypto

The analyst warns that those who underestimate the potential of XRP's price surge may miss out on significant gains in the future. Drawing parallels to past trends, the expert highlights how in 2017, XRP broke free from its stagnant price action and experienced an impressive price increase. Despite initially underperforming in comparison to other cryptocurrencies, those who dismissed it as 'dumb money' and abandoned it ultimately missed out on the astounding gains that followed. After breaking out of a 4-year consolidation trendline, XRP saw a remarkable 600x price gain, reaching its all-time high of $3.84 in January 2018. It's crucial for traders to consider historical patterns and trends when assessing the potential of cryptocurrencies like XRP.

XRP Price Surge: ‘Dumb Money’ Will Miss Out, Analyst Cautions Analyst JD Draws Parallels To Past XRP Trends Despite the volatile nature of the crypto market, most cryptocurrencies are known to repeat or mirror past phenomena in their price action. As a result, it is very common for crypto analysts to look at the past and assess current trends when trying to predict the future movement of cryptocurrencies. The expert compared the present price pattern to 2017, which was the year that XRP finally broke its boring price action that lasted from 2013 to 2017. A look through this cycle shows XRP underperforming when compared to other cryptocurrencies. As a result, the ‘dumb money’ traders complained and bolted, causing them to miss the astounding gain that came after. However, XRP would then go on a 600x price gain after breaking out of the 4-year consolidation trendline. As a result, the crypto reached as high as $3.84 in January 2018, its current all-time high. #CryptoNews

FLOKI, a meme cryptocurrency, similar to Dogecoin and Shiba Inu, will be hosting a quiz on January 1st. Created in 2021 and named after Elon Musk's dog, FLOKI is a token within a larger ecosystem featuring an NFT marketplace and a game. However, it's important to note that like other meme tokens, FLOKI's value is heavily influenced by community sentiment and social media trends. Potential investors should approach with caution, conducting thorough research due to the high volatility associated with these digital assets.

FLOKI to Host Quiz n January 1st FLOKI Info FLOKI is a meme cryptocurrency, much like Dogecoin and Shiba Inu. It was created in 2021 and named after the dog of Elon Musk, the CEO of Tesla and SpaceX, who has a significant influence over cryptocurrency markets. The token is part of a broader ecosystem that includes an NFT marketplace and a game. As with all meme tokens, FLOKI's value is largely driven by community sentiment and social media trends. Investors should exercise caution and thoroughly research before investing in these types of digital assets, as they can be highly volatile. #CryptoNews

BitTorrent is gearing up to release BTFS v.2.3.4 on December 28th. As a decentralized P2P file-sharing platform on the Tron blockchain, BitTorrent offers an extensive ecosystem that includes live streaming and BTTC staking. The platform's primary mechanism involves file exchange among users, eliminating the need for centralized servers. With the BTTC token, users can access various P2P services within the BitTorrent network, including decentralized data storage, file download auctions, and service rewards. Exciting developments lie ahead for BitTorrent and its community. #btc

Bitcoin's price experienced a significant drop of $1.5K, diminishing the optimism of bulls hoping for a post-Christmas rally. This decline highlights the formidable obstacle presented by overhead resistance, which has confined Bitcoin within a range for over a week. Concerns arose due to profit-taking and excessively high funding rates, prompting analysts to question the future trajectory. Assessing the order books, Maartunn observed a surge in bid liquidity at the $40,000 support level on Coinbase, offering a glimmer of hope for a potential rebound.

BTC price dives $1.5K as Bitcoin analysts watch support levels BTC price denies bulls’ post-Christmas rally Data from Cointelegraph Markets Pro and TradingView tracked a $1,500 BTC price comedown versus the daily open. In a firm reminder of the power of overhead resistance, Bitcoin stayed firmly rooted in a corridor now in place for over a week. Problems to the upside were many and various — as Cointelegraph reported, profit-taking and overly high funding rates were making analysts concerned over what could happen next. Analyzing the status of play on order books, Maartunn, a contributor to on-chain analytics platform CryptoQuant, eyed increasing bid liquidity being added at $40,000 support on Coinbase. #Coinbase

The legal battle between Terraform Labs and the SEC continues as a trial has been ordered to take place on January 29, 2024. The court's decision follows a ruling in favor of the regulators, accusing Terraform Labs and its Co-Founder, Do Kwon, of engaging in unregistered securities trade. The upcoming trial aims to examine the SEC's enforcement strategy and shed light on the involvement of Jump Trading, an investment firm, in the case. US District Judge Jed S. Rakoff's ruling acknowledges the compelling but circumstantial nature of the regulator's allegations against Jump Trading, which heavily rely on the testimony of whistleblowers, leaving the jury to determine their credibility. This development unfolds amid the ongoing conversation surrounding cryptocurrency news.

The Monex Group, a Japan-based company specializing in online brokerage, cryptocurrency exchange, and asset management, announced its plan to acquire a majority stake in Canadian crypto asset firm 3iQ Digital Holdings. This strategic move aims to strengthen Monex Group's asset management business and target the growing demand for crypto asset management from institutional investors and exchanges worldwide. With its previous acquisition of Coincheck and subsequent investments in governance and security, Monex Group is well-positioned to expand its digital asset investment business further.