JUST IN: MicroStrategy has acquired 15,350 BTC for ~$1.5 billion and holds 439,000 BTC worth ~$27.1 billion, achieving QTD and YTD yields of 46.4% and 72.4%, respectively.
Bitcoin is breaking out of the ascending triangle pattern. A confirmed upward move will require either a decisive candle close above the horizontal resistance or a successful retest of this level as support. Both scenarios would signal strong bullish momentum and the potential for further price gains. $BTC #BitcoinKeyZone
🇹🇭 Thailand to study the potential of Bitcoin as legal tender. Former Thailand Prime Minister says his son, the current PM, "may assign the Ministry of Finance to study whether to accept Bitcoin or not" as legal tender.
RECENTLY: Robinhood Crypto reported $119 billion in trading volume and $38 billion in assets under custody as of November 2024, marking a significant year of milestones for the company.
XRP Market Update: Support at $2.38 Holds Firm as Resistance Looms at $2.50 XRP is trading at $2.41, with an intraday range of $2.38 to $2.52, a market cap of $137.70 billion, and a 24-hour trading volume of $8.77 billion, highlighting a phase of consolidation.
XRP On the 1-hour chart, XRP shows a short-term downtrend following a retreat from a local high of $2.531 to its current level near $2.41. The price is stabilizing in the $2.38–$2.40 range, which acts as a key support zone, while resistance looms at $2.48–$2.50. Reduced trading volume after a recent decline suggests diminished selling pressure and possible consolidation. Traders may consider entering near support if accompanied by rising volume, targeting the $2.50 level. ➖➖➖➖➖ - @Theblue_whale $XRP
JUST IN: Perianne Boring of the Digital Chamber predicted on Fox Business that Bitcoin could soar to $800,000 in 2025 due to potential economic policies from President-elect Donald Trump.$BTC
#BitcoinKeyZone $BTC NEW: 🟠 Riots acquires 5,117 #Bitcoin at an average price of $99,669 per BTC using the net proceeds from its recent $525M bond issue.
XRP has broken out of the ascending triangle pattern and is currently retesting above the breakout level. A successful retest would provide strong bullish confirmation, indicating continued upward momentum.
However, if a candle closes below the key horizontal support level, it would signal a potential market correction, suggesting a reversal or pause in the bullish trend. $XRP #BinanceLaunchpoolVANA #BinanceListsVelodrome
One important rule for crypto traders is to "never invest more than you can afford to lose." This principle helps to manage risk and ensures that you can survive market volatility without facing severe financial consequences. $BTC $ETH $XRP @Theblue_whale @Binance Square Official
The top three protocols by TVL continued to represent the bulk of TVL on Avalanche in Q3. AAVE, the largest protocol by TVL on Avalanche, increased 76% QoQ from $398.9 million to $701.6 million — link : unfolded. DeFi$AAVE #BitcoinKeyZone
MARKET UPDATE: $LTC LTC has performed exceptionally well, surging from the reversal zone of the bullish Shark pattern as anticipated.
Currently, resistance is occurring at the trendline. A breakout above this trendline would serve as a strong bullish confirmation, signaling the potential for further upward movement.
Conversely, a rejection at this level could indicate a temporary retracement before the next upward leg resumes. $LTC #MarketMajorComeback
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