Cryptocurrency

Whale Alert reported some hours ago: “A dormant address containing 11 BTC worth 1,071,468 has just been activated after 11.6 years.”The reactivation of such an old address has sparked curiosity and speculation within the cryptocurrency community. The activation of dormant wallets often garners significant attention due to their association with early adopters or long-term holders.The owner’s identity remains unknown, and so are their reasons for reactivating the address. It could be an early adopter who has decided to cash in on their investment; on the other hand, it might be part of a market strategy or even a security measure.On Nov. 30, two dormant Bitcoin addresses containing 429 and 404 BTC each were activated after 10.9 years, while another “dormant address containing 13 BTC worth $1,256,544 has just been activated after 11.0 years.” The BTC stash was worth $5,850 in 2013.Bitcoin gained 37.42% in November, according to TradingView statistics, making it the strongest month since February, when it climbed 45% following the launch of spot Bitcoin ETFs.At the time of writing, Bitcoin was slightly up 0.10% in the last 24 hours to $97,181, having reached an intraday high of $97,229. On Nov. 29, Bitcoin reached highs of $98,750 before cooling and resorting to a narrow range.This article was originally published on U.Today More

Mow published a screenshot of a donation request sent by Wikipedia to many of its users asking them to donate $2.75.Mow tweeted that while they are sending him an annual donation reminder, he sent them his “annual reminder to buy Bitcoin.” In the tweet, he tagged the X accounts of Wikipedia and its founder Jimmy Wales.Mow quoted his own tweet published from roughly a year ago — in early December 2023. In that post, Mow stated that if Wikipedia had purchased Bitcoin several years ago, following Mow’s recommendation, they “wouldn’t have to beg for donations every year in perpetuity.”In December last year, Wikipedia’s founder Jimmy Wales slammed Bitcoin in his tweet, saying that one cannot forget a password to one’s bank account and therefore cannot lose all one’s money unlike what may happen with a Bitcoin wallet. “Because banks work and bitcoin doesn’t,” he tweeted. That comment triggered reaction from many crypto community member and influencers. Among them was Tether CEO Paolo Ardoino, who suggested that one day Wikipedia would be replaced with a decentralized alternative.Earlier that year, Wikipedia stopped accepting donation in Bitcoin that it had been gratefully taking for many years before.This article was originally published on U.Today More

The dormant wallets, some inactive for over a decade, are believed to belong to early adopters or miners who accumulated Bitcoin during its infancy. The sudden activation of these wallets has sparked speculation about whether the owners are cashing out, reengaging with the market, or planning for a strategic move amid current market conditions.In the last 24 hours, on-chain data reports the activation of two wallets that have remained untouched for over a decade.Whale Alert reported, “a dormant address containing 429 BTC worth $41,707,628 has just been activated after 10.9 years,” while another “dormant address containing 404 BTC worth $39,330,452 has just been activated after 10.9 years.”Blockchain data reveals similar patterns from other wallets, with a noticeable increase in activity in recent months.On Nov. 29, Whale Alert reported, “A dormant address containing 16 BTC worth $1,558,440 has just been activated after 11.0 years worth $18,369 in 2013.”Bitcoin’s meteoric surge may have prompted these wallet holders to move their assets. With Bitcoin prices reaching new highs, it makes sense for long-term holders to reassess their positions and potentially take profits.Bitcoin is on pace to post a 38% gain for November, according to TradingView data, making it the strongest month since February, when it climbed 45% following the launch of spot Bitcoin ETFs.Bitcoin was last up 1.06% intraday at $96,284, having reached a high of $97,509. BTC reached a high of $98,750 during yesterday’s session. Bulls predict that Bitcoin’s price might hit $100,000 by the end of 2024 and could double by the end of 2025.This article was originally published on U.Today More

Therefore, Kiyosaki says: “The rich will get richer” since he expects Bitcoin to break $100,000 soon. What will happen to the poor and the middle class then? The financial guru says that once BTC soars above $100,000, “It will be almost impossible for the poor and middle class to catch up.”According to Kiyosaki, as soon as the price surge occurs, Bitcoin will be affordable only to ultra-rich entities: “corporations, banks, and sovereign wealth funds.”He tweeted that before Bitcoin has left $100,000 behind, FOMO (fear of missing out) is good. “Don’t let the rich get richer…without you,” Kiyosaki urged his followers.However, in the comments many followers disagreed with the financial expert, saying they believe that Bitcoin will “continue to help the poor, even at a price of 1 million and beyond” and “The Bitcoin price is fractionable and available for purchase by ALL.”Kiyosaki said this would be highly likely thanks to the effect AI will have on financial markets, citing a book by another author called “Money GPT” that Kiyosaki claimed was only about to be published.As for buying and saving Bitcoin, Kiyosaki recently admitted that he has been following Michael Saylor’s “tactical Bitcoin investment plan” but on a much smaller financial scale.On Friday, Bitcoin peaked at $98,745 and then went down by almost 2% overnight, now changing hands at $96,880.This article was originally published on U.Today More

The move upwards pushed XRP’s market cap up to $108.9459B, or 5.72% of the total cryptocurrency market cap. At its highest, XRP’s market cap was $102.9256B.XRP had traded in a range of $1.7657 to $1.9418 in the previous twenty-four hours.Over the past seven days, XRP has seen a rise in value, as it gained 23.25%. The volume of XRP traded in the twenty-four hours to time of writing was $18.3968B or 7.73% of the total volume of all cryptocurrencies. It has traded in a range of $1.2853 to $1.9418 in the past 7 days.At its current price, XRP is still down 41.96% from its all-time high of $3.29 set on January 4, 2018.Bitcoin was last at $96,693.8 on the Investing.com Index, up 0.45% on the day.Ethereum was trading at $3,697.55 on the Investing.com Index, a gain of 3.84%.Bitcoin’s market cap was last at $1,912.9815B or 100.43% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $445.0906B or 23.37% of the total cryptocurrency market value. More

With strong momentum and rising volume, XRP now seems to be in its third wave. In the past, this wave has a tendency to push prices higher than earlier movements, drawing in more buyers and boosting optimism. The next resistance level, $1.80, is one of the important levels to keep an eye on, while XRP’s momentum is still strong. If this level is broken, XRP may reach the $2.00 mark, a significant psychological barrier and all-time high.If XRP continues on this path, $2-$20 might also be considered a long-term target. The Immediate resistance is at $1.80. Above this, a breakout validates the strength of the third wave. A significant psychological and historical barrier that might draw increased market activity is $2.00.$2.20: If the rally picks up more steam, this could be the upper target. One of the downside risks is a decline below $1.30, which would test the wave structure and suggest a potential waning of the trend. Any corrective actions should be mitigated by the strong support that is still present around $1.30.When the high falls, it means that buyers are losing control and cannot drive the price to new highs. As sellers gain confidence and trading volumes begin to decline, this pattern usually comes before longer consolidation or further downward movement. If Bitcoin does not surpass the most recent high of about $97,000, the current rally may be put to the test. Right now, Bitcoin is trading at about $97,500, just below the psychological $100,000 threshold. BTC must overcome the immediate resistance level of $98,000 in order to rekindle the bullish momentum. Support levels of $88,000 and $78,000 are crucial on the downside. The lower high pattern would be validated by a breakdown below $88,000, which would probably trigger a deeper retracement toward the $78,000 area, which corresponds to the 50 EMA. The fact that the Relative Strength Index (RSI) is still close to overbought levels suggests that Bitcoin might require some cooling time before making another big move. There is also a possibility of short-term weakness because volume seems to be tapering off in comparison to earlier in the rally. This set of circumstances indicates that a breakout is probably imminent in one form or another. The price of PEPE recently recovered from the 21 EMA, indicating how crucial it is as a support zone. It might open the door for a bullish reversal, if the price can hold above this level. A break below the 21 EMA, on the other hand, could lead to a more severe correction; the next support levels are located at $0.00001746 and $0.00001350. The consistent drop in trading volume is among the chart’s most telling indicators. This decline in activity frequently occurs before notable price movements because it indicates a consolidation phase during which traders await a clear direction. PEPE is likely to encounter increased volatility and break out of its current range once the volume spikes. PEPE is under short-term bearish pressure, as indicated by the chart’s descending trendline. The price has struggled to break above this trend line, which has capped recent attempts at upward movement. PEPE needs to maintain its position above the 21 EMA and confirm a reversal by breaking through the trendline with high volume in order to see a bullish breakout. This article was originally published on U.Today More

Pal believes the banana zone symbolizes a period when the price of Bitcoin is likely to record a massive uptick over the long term. His post suggests that the market is performing within the trajectory he outlined earlier.For clarity, the banana zone refers to when an asset’s price goes off on a parabolic path. The rapid rise could cause some investors to regret not purchasing Bitcoin before the asset began to soar.Interestingly, Pal emphasized that there is “plenty more to come over time.”This signals Pal’s belief in the continued growth of Bitcoin. Pal’s post offers optimism for traders and investors who might have given up on Bitcoin crossing the psychological level it has tested repeatedly recently.However, Pal also warns of “sharp corrections” even as BTC enters the banana zone. According to him, investors should anticipate dips amid the general uptick in price. This aligns with the usual market volatility that generally characterizes Bitcoin and the crypto market.Despite these anticipated fluctuations, Pal calls on his followers to “strap in,” or stay the course. He appears firmly confident in his bullish stance on the asset.However, market volume remains down by 28.91% at $49.06 billion. This signal suggests that investors still need to decide whether they should continue to bet on the coin.With Pal’s bullish statement, if his prediction proves true, the market could experience increased activities in the next couple of days.This article was originally published on U.Today More

As Bitcoin edges closer to the $100K milestone, the crypto market is preparing for a pivotal new cycle. Historically, BTC surges spark altcoin rallies, with liquidity eventually flowing into the memecoin sector. In this environment, projects with strong narratives and valuable utilities take center stage. Among them, Pepeto, the God of Frogs, is emerging as a leading contender. Positioned as a hub for the adoption of next-generation memecoins via its exchange, Pepeto aims to provide innovative solutions for the evolving cryptocurrency market.Pepe Unchained: Advancing Scalability with Layer 2 TechnologyPepe Unchained utilizes Layer 2 technology to improve scalability and reduce network congestion during periods of high demand. This makes transactions faster and more efficient, providing an advantage in the competitive memecoin market.On the other hand, while Pepe Unchained’s value is a key strength, Pepeto delivers a more comprehensive offering:Pepeto, the God of Frogs, has emerged as a standout in the crowded memecoin space. Its value proposition; centered around adopting all memecoins of the 2025 bull run through its zero-fee exchange, cross-chain bridge, and token listing platform; has positioned it as a transformative force in the market. Beyond its utility, Pepeto’s epic narrative has further fueled its hype. The story of how Pepeto traversed eras to gather six vital documents, especially Technology (T) and Optimization (O) through insights from Satoshi Nakamoto, has enthralled the crypto community, combining mythos with innovation in a way few projects can match.Interest in the Memecoin CommunityPepeto has been featured by various influencers, blogs, and cryptocurrency journals, which have examined its blend of utility and storytelling. The project has generated discussion across social media platforms and YouTube, where numerous creators analyze its narrative and features. This intersection of traditional crypto values and community-focused initiatives has contributed to the project’s increasing engagement within the memecoin sector. Currently priced at $0.000000094 and with a total supply of 420 trillion tokens, matching Pepe’s supply, Pepeto is amis to position it self as a comparable entrant in the memecoin market.Pepeto’s Plot TwistPepeto has already completed its Q4 2024 roadmap and is actively advancing its Q1 2025 milestones. The Pepeto team has observed an influx of new users and is working to position the platform as a comprehensive solution within the memecoin ecosystem, emphasizing its robust exchange infrastructure.Visual Storytelling to Engage the CommunityPepeto brings its narrative to life through a series of animated episodes detailing its quest to gather six sacred documents: Power, Energy, Precision, Efficiency, Technology, and Optimization. These episodes, available on Pepeto’s official YouTube channel, blend entertainment with the project’s mission, engaging both investors and the broader community.X post: https://x.com/Pepetocoin/status/1860796935755665537Pepeto: Evolving with the Changing Landscape of MemecoinsAs the 2025 bull run approaches, Pepeto is distinguishing itself as more than just a memecoin. Its combination of rich storytelling, cutting-edge utilities, and a rapidly growing community positions it as a noteworthy project in the crypto space. Pepeto seeks to establish itself as a platform suited for both experienced participants and newcomers in the evolving memecoin landscape.Disclaimer:Pepeto.io is the only official website for purchasing Pepeto tokens. Users must be aware of fraudulent sites mimicking the platform and verify at the official website.For more information, users can visit https://pepeto.io/.Official Website: https://pepeto.io/Social Media:This article was originally published on Chainwire More