This year’s anticipated Santa Rally is absent as XRP and Bitcoin test critical support levels, and the Nasdaq shows potential bearish reversal patterns, casting a nervous shadow over December markets.
New data from the Dutch Central Bureau of Statistics (CBS) reveals the average savings for different age groups in the Netherlands. The 18-25 age group has an average of €10,800 saved, while the 65-75 group holds the most at €76,600.
A man who invested $5 (about €4) in Bitcoin every day for a year has accumulated 0.0224 BTC, now worth €1,670. The article explores the strategy of dollar-cost averaging (DCA) and its potential long-term benefits.
European authorities, led by Europol, have shut down the Cryptomixer platform, seizing servers and €25 million in bitcoin. The service was used to launder over €1.3 billion in illicit funds since 2016.
A man in Almelo lost his Rolex, worth €11,000, to a scammer who paid with worthless fake tokens. The police are investigating the incident, which highlights the risks of using crypto for private sales.
A man who invested $5 (€4) in Bitcoin every day for a year has accumulated 0.0224 BTC, worth about €1,670. The article explores the strategy of dollar-cost averaging (DCA) and its long-term potential.
Arthur Hayes, BitMEX founder, predicts that most Layer-1 blockchains will fail, leaving only Ethereum and Solana as viable networks. He also forecasts the continuation of the bull market, driven by U.S. political factors, and a new trend towards privacy-focused cryptocurrencies in the coming year.
Goldman Sachs is acquiring Innovator Capital Management for approximately $2 billion, a move that brings a crypto-linked ETF under its management for the first time and adds $28 billion in assets under management to its ETF division.
Euler, a new modular lending protocol, is now listed on Bitvavo. It offers users greater flexibility through customizable vaults, allowing for more advanced borrowing and lending strategies compared to traditional platforms.
Ethereum’s price has fallen below the critical $3,000 support level, risking a further decline towards $2,850. However, the MVRV Z-Score indicator suggests the asset may be undervalued and could be nearing a bottom.