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Is Crypto Price Going to Go Back Up? Bitcoin is hovering around $84,000, altcoins are licking their wounds from a brutal December drop, but prices could skyrocket to new highs this year. Experts are throwing out numbers like $200,000 for Bitcoin and $6,000 for Ethereum—But will it really happen? And when? Since December 2024, crypto’s been a battlefield. Bitcoin hit $109,000 in January, only to stumble back to $84k. Altcoins? They’ve been crushed, with some X users calling it “the most painful decline yet.” But many believe we’ve hit rock bottom saying the worst is behind us. Analysts like Galaxy Research agree, pointing to a “completed correction phase” and a market poised for takeoff. Bitcoin has crashed and burned before (think $16,000 in 2022), only to come back stronger. Global liquidity is expanding, and if central banks cut rates by mid-2025 (as Galaxy predicts), cash will flood into risk assets like crypto. Second, Wall Street’s waking up. Bitcoin ETFs have already sucked in 683,000 BTC since January 2024, and Bitwise forecasts 2025 inflows will dwarf last year’s haul—potentially pushing ETF assets past $250 billion. That’s institutional money saying, “Crypto is legit.” Then there’s the Trump card. The incoming administration, taking office in 2025, is stacking the deck with crypto-friendly heavyweights like Paul Atkins at the SEC. Trump’s even floated a U.S. Bitcoin reserve—a move VanEck says could send BTC to $180,000 by Q4. But there is a catch. Corrections of 30–60% aren’t rare, and VanEck’s expecting one mid-2025. Matrixport’s Markus Thielen (December 2024) warns altcoins could get slaughtered again before the big rally. Plus, if the U.S. Dollar keeps flexing (DXY at 104 and climbing), or yields spike, risk assets might stall. And while Trump’s pro-crypto, people wonder if he’ll prioritize the dollar over decentralized assets. CoinCodex’s RSI sits neutral at 49.96—technicals say we’re in limbo. "Choppy waters are ahead, but the tide is turning.” - Vanessa Sierra Crypto Updates
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The Hyperliquid Whale Unmasked: How a UK Fraudster Turned $1M in Stolen Casino Cash into $20M
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Congress Targets Politicians’ Memecoin’s ‼️ You might’ve caught wind of the latest regulatory buzz - the MEME Act. Dropped by U.S. House Democrats, this bill’s got the ecosystem talking—and not just because of its catchy acronym. Officially aimed at keeping public officials’ hands off memecoins, the MEME Act could signal a new frontier in how lawmakers grapple with the wild west of digital assets. Here’s the TLDR: the proposal wants to ban the President, Vice President, Congress members, senior exec branch suits, and their immediate families from issuing, sponsoring, or shilling memecoins—think $TRUMP, $LIBRA, or any of those tokens born from internet culture that moon-chasing degens love. The vibe? Stop politicians from pumping their bags using their clout. It’s a power play dressed up as ethics, and crypto natives are already dissecting it. Posts on X today show the community’s split. Some see it as a W— a crackdown on insider grift in a scene already plagued by rug pulls and hype-driven scams. “Finally, a step to keep the suits from front-running us,” one user quipped. Others? Not so stoked. They’re calling it a half-measure, pointing out that Congress still hasn’t touched the real elephant in the room: insider stock trading. “Ban memecoins but not Pelosi’s calls? Lmao, okay,” another user says. Details on the bill are still murky—no official text has dropped as of this writing, and it’s unclear if it’s got legs to pass. But the intent tracks with the broader regulatory heat crypto’s been feeling. Memecoins, often dismissed as shitcoin gambling, have exploded in visibility, with some tied to political figures (remember $MAGA?). Lawmakers seem spooked by the optics of a Senator yeeting a token to their base while voting on market-moving bills. This raises the usual questions: Is this about protection or control? And let’s be real—enforcement sounds like a nightmare. How do you prove a politician’s cousin didn’t just “organically” back $DOGE2.0? No hard confirmation yet on where this lands.
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JUST IN: SEC Drops Investigation into Consensys, MetaMask’s Parent Company As of today, the U.S. Securities and Exchange Commission (SEC) has decided to end its investigation into Consensys, the company behind the widely used cryptocurrency wallet MetaMask. The two sides have reportedly come to a preliminary agreement to dismiss the SEC’s case, which claimed Consensys was breaking securities laws. The deal still needs final approval from the SEC, but it’s a big step toward closing this chapter. The trouble started under the SEC’s previous leadership, which accused Consensys of acting as an unregistered broker through MetaMask’s staking and swapping features. Essentially, the SEC argued that Consensys was offering financial services without following the proper rules. But things have shifted with new leadership at the SEC, which seems to be taking a friendlier approach to the crypto world. Joseph Lubin, who co-founded both Ethereum and Consensys, said he’s relieved the case is winding down. While the company was prepared to fight the allegations, Lubin is glad to see it resolved. This isn’t the first time recently that the SEC has backed off from a crypto company—it’s also dropped investigations into Uniswap and Coinbase, hinting that regulators might be easing up on the industry. For now, Consensys and MetaMask users can breathe a little easier, as the company avoids a drawn-out legal battle and gets back to business as usual. If you enjoyed this article, please give it a like and follow me @Vanessa Sierra for more crypto updates
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🚨 WARNING 🚨 Pumpdotfun X account has been compromised! We have been rocked by yet another security breach—this time targeting the official X account of Pump.fun, a popular Solana-based memecoin launchpad. Within the last hour people have warned users that the pumpdotfun account had been compromised and was being used to promote a fraudulent token scheme. Alon (pump.fun co-founder)released a statement from his personal account confirming the hack urging users not to interact with the page. The first signs of trouble emerged shortly after 4:00 PM CET, when the pumpdotfun account reportedly posted a link to a contract address (CA) for a supposed new token. X users quickly flagged this as a scam, urging others not to interact with the link or purchase any associated tokens. Within 30 minutes, posts on X were circulating warnings advising caution and speculating that the breach could be part of a broader phishing or rug-pull attempt. At 4:56 PM CET, the compromised pumpdotfun account posted again, this time with a bizarre message: “so what we doing now? shall we make a legit token on pump we call it hackeddotfun pump it to 100m?” The tone—mocking and provocative—suggests the hacker might be toying with the community, though it’s unclear if this was an attempt to further the scam or simply a taunt. Without access to the account’s backend or an official response, it’s impossible to say definitively whether this was the intruder or a misguided attempt by the real team to regain control. This isn’t Pump.fun’s first brush with trouble. In May 2024, the platform suffered a $1.9m exploit orchestrated by a former employee, Jarett Dunn, who used his insider access to manipulate the system via flash loans. This was a blow to Pump.fun’s credibility, though it was tied to smart contract vulnerabilities rather than a social media hack.
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