Coinkolik

Ethereum co-founder Vitalik Buterin and Base's lead developer Jesse Pollak invested in a altcoin focused on anonymity called ANON. Buterin bought $250 worth of ANON while Pollak spent around $995 and acquired 31,529 ANON. The token quickly caught the attention of Ethereum maximalists and saw a 715% increase in value within hours of trading.

Crypto analysts are hopeful that Ethereum could surpass Bitcoin. Whale activities and on-chain metrics indicate that ETH could rise towards $10,000. ETH has maintained the critical support level of $3,000 in November and a rise in altcoins is expected as it surpasses $3,500. Analyst Ali Martinez emphasized that ETH could first target $4,000 and could rise to $10,000 in the structure of the S&P 500 chart. Note: This article does not contain investment advice or recommendations.

According to Avik Roy, President of the Foundation for Opportunity and Equality Research, the US Bitcoin strategy will not be effective enough. According to Senator Cynthia Lummis's plan, some of the US's $35 trillion debt will be paid with Bitcoin, and the tension in the bond markets will be reduced. However, according to Roy, budget reforms are also needed for Bitcoin to ease the US economy. Senator Lummis is already proposing to convert some of the gold in the US Treasury into a Bitcoin reserve.

The rise of Bitcoin has revitalized the altcoin market. While Bitcoin (BTC) increased by 5%, Bitcoin Cash (BCH) by 16%, Bitcoin SV (BSV) by 11%, eCash (XEC) by 8%, and Floki (FLOKI) by 6%. BCH and BSV may gain more momentum as BTC reaches $100,000. The rise of FLOKI, on the other hand, occurred under the influence of the memecoin trend. Does not contain investment advice.

The activities of Bitcoin's long-term investors (LTH) have dropped to the lowest level in the past five months, and LTHs sold over 3 billion dollars of BTC on that day. According to Santiment data, Bitcoin's MVRV ratio is at 182.06% and the pair appears to be overvalued. However, the trading volumes in recent weeks have been profitable, and the profit-loss ratio in BTC's daily trading volume is at 2.01. If LTHs continue to sell, the price of Bitcoin could fall to support levels below $90,000. According to the Fibonacci indicator, the next critical support level is at $83,983.

Questions have arisen as to when the upward cycle in Bitcoin (BTC), which is running from record to record, will end.

The leading crypto Bitcoin continues to rise with the influence of Donald Trump and spot BTC ETFs traded in the US. BTC, with Trump's media company acquiring the crypto exchange Bakkt,

Dubai-based Web3 investor DWF Labs has launched a $20 million fund to support memecoin projects. The fund aims to encourage creative and community-focused crypto projects and increase interoperability across blockchains. DWF Labs has previously worked with memecoin projects such as Floki, Turbo, Simon’s Cat, and Neiro Ethereum, and is accepting applications to invest in new projects. The memecoin market gained momentum after Donald Trump's re-election, surpassing a total market value of $118 billion. However, this article does not contain investment advice.

Bitcoin's new ATH, along with increasing money inflows into the altcoin market, has led to upward trends. In the past 24 hours, Bonk, Crosonos, Render, Unus Sed LEO, and Brett projects have shown high performance. With these rises, a stronger rise is expected in the altcoin market.

Ethereum (ETH), despite the rise of Bitcoin, continues its decline and cannot exceed the $3500 level. Investors are cautious about ETH, and according to Amberdata's research, there is a 10% chance of the cryptocurrency surpassing $4000 in the short term. Ethereum's weak outlook is due to intense transactions on Layer-2, leading to an inflationary supply. Data from spot ETFs is not promising for Ethereum, and a rise in ETH can only be expected if BTC dominance falls or the price exceeds the $3500 level. However, weekly closures above the $4000 level can pave the way for ATH.

According to an analysis by CryptoQuant, Bitcoin has formed a rare bullish formation. Analysts revealed that BTC price could experience a nearly 90% rise soon, based on measurements made with the Puell Multiple indicator. The reason for this is that the metric has shown similar breakthroughs only three times in the last five years, and these breakthroughs have resulted in significant increases in BTC price. However, this article does not contain investment advice, and every investment operation involves personal risks.

BCA Research analysts predict that Bitcoin could surpass $200,000. This view is based on technical analysis and Bitcoin's increasing influence in the global financial ecosystem. Bitcoin is currently trading at $90,000 and gradually approaching the $100,000 milestone. However, it needs to continue its rally to reach prices above $100,000. The article does not contain investment advice or recommendations.

Robert Kennedy Jr, the new Health Minister of the United States, has been elected. Kennedy Jr, who has long been a supporter of Bitcoin, argues that Bitcoin's limited supply could protect the US dollar from devaluation and guarantee the US's status as a reserve currency. He also announced that he will continue to buy Bitcoin and believes that it is inevitable for governments. However, this article does not contain investment advice or recommendations, and readers are advised to do their own research.

Ripple (XRP) has surpassed $1 after three years, and many investors believe that XRP will reach $10. However, according to an XRP analysis prepared by AMBCrypto, bulls need to maintain the $1 level as a support point and overcome obstacles like the meme coin craze. It is stated that short-term traders may start taking profits and a decline may be seen if the momentum cannot be sustained. If the XRP price holds at $1, a rise towards $1.15 is possible. However, every investment and trading action carries risks, so readers should conduct their own research.

Cathie Wood, reminding that ARK Invest is the first publicly traded asset management company to invest in Bitcoin at $250, stated that Bitcoin is considered as a new asset class and she believes its price could reach up to $650,000 in the next five years. She also mentioned that based on onchain data, Bitcoin is in a strong position and has surpassed the gold supply growth rate. Wood expressed that the halt of financial regulators and focus on technological innovations will "accelerate" the US economy. Meanwhile, many investors are waiting for the start of an altcoin rally with the decrease in BTC dominance.

ARK Invest CEO Cathie Wood believes that Bitcoin will continue its positive scenario and its price could be between 1 million and 1.5 million dollars. Wood points out that Bitcoin is no longer just a global currency system, but is also recognized as a new asset class. She emphasizes that after the halving event in April, Bitcoin's supply growth has decreased to 0.9%, lower than the supply growth rate of gold. Additionally, she stated that stopping financial regulators and focusing on technological innovations will accelerate the U.S. economy.