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XRP ETF Expected To Come ‘Very Soon’, Says Ripple President

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XRP ETF Expected To Come ‘Very Soon’, Says Ripple President

XRP ETF Expected To Come ‘Very Soon’, Says Ripple President!

In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States. Long also provided insights into the expansion of Ripple’s new RLUSD stablecoin, which she believes will see major adoption in the coming months.

Ripple’s RLUSD Set For Broader Distribution

Currently, RLUSD is listed on Bitso, MoonPay, and CoinMina, with additional listings in progress on platforms like Bullish and MercadoBitcoin. Asked about availability on larger US-based exchanges such as Coinbase, Long stated: “We are continuing to expand distribution and availability of Ripple dollars on other exchanges. So I think you can expect to see more availability, more announcements coming soon.”

TRX RPC URL

When pressed for a timeline, she emphasized: “Imminently.” Long highlighted the growing role stablecoins play in both trading and payments, describing them as “the way to on-ramp and off-ramp” in crypto. According to Long: “If we look at the crypto landscape overall, it has certainly been growing in the past couple quarters. We think this year is going to be a big year for crypto overall. And so demand for stablecoins, we think, will grow along with that. […] Ripple US dollar will have a premium role.”

Since launching on Ethereum and the XRP Ledger in December, RLUSD has reached a market capitalization of around $53 million. Ripple has integrated Chainlink services into RLUSD to enhance its utility in decentralized finance (DeFi) protocols, further supporting Long’s vision for widespread adoption.

XRP ETF Expected To Come Very Soon

In addition to RLUSD, Long addressed the prospect of an ETF, predicting a relatively short runway for regulatory approval: “I think we will see one very soon. I think that we will see more, you know, various crypto spot ETFs this year coming out of the US. And I think XRP is likely to be next in line after Bitcoin and ETH.”

She noted that various asset managers—including Canary Capital, WisdomTree, 21Shares, and others—have already filed for XRP ETFs. Pointing to a more favorable regulatory environment, Long added: “There’s already been a number of different companies like Canary and others who have filed. And so we think especially with the administration change and that the approvals of those filings will accelerate.”

In October, Bitwise filed a registration statement (Form S-1) with the U.S. Securities and Exchange Commission (SEC) for an XRP ETF. Since then, multiple firms have submitted applications, but the SEC has yet to make a decision.

Long revealed that Ripple’s payments business doubled last year, indicating strong institutional and corporate demand for its solutions. She also cited an “especially big” close to 2024 for Ripple’s US business, noting that the company signed more local deals in the last six weeks of that year than in the previous six months.

Speculation has mounted that the Trump administration’s crypto-friendly posture could speed up approvals of crypto ETFs. XRP prices have surged over 350% since Trump’s election victory, outperforming many other major cryptocurrencies during the same period.

At press time, XRP traded at $2.31. Read more on bitcoinist.com.

Texas court orders Bitcoin investor to disclose $124 million in crypto keys

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Texas court orders Bitcoin investor to disclose $124 million in crypto keys

Texas court orders Bitcoin investor to disclose $124 million in crypto keys!

Frank Richard Ahlgren III, an early adopter of Bitcoin (BTC), has been directed by a Texas court to relinquish access to his crypto wallets, BNN Bloomberg reported on Jan. 7.

According to the report, Ahlgren was ordered to provide the private keys, seed phrases, and any devices used to store his digital assets. This comes as part of legal proceedings tied to tax evasion charges.

Judge Robert Pitman also restricted Ahlgren’s close associates from transferring or reducing the value of his crypto holdings without court approval. Only essential monthly living expenses are exempted from this restriction.

The crime
Ahlgren entered the Bitcoin space in 2011 but gained regulatory attention for activities starting in 2015. That year, he purchased approximately 1,366 BTC through Coinbase when Bitcoin’s peak price was around $495.

By 2017, he sold 640 BTC for $3.7 million, using most of the proceeds to buy a property in Park City, Utah. However, he falsified his tax returns by claiming exaggerated purchase prices far above market value.

In 2018 and 2019, Ahlgren sold additional Bitcoin worth over $650,000 but failed to disclose these transactions to the IRS.

Furthermore, he employed techniques like transferring funds through multiple wallets, using cash exchanges, and leveraging Bitcoin mixers to obfuscate his transactions.

In September 2024, Ahlgren pleaded guilty to the charges and received a two-year prison sentence. Following his release, he will also face a one-year period of supervised monitoring and pay restitution of $1 million.

Legal implications
The case highlights significant legal risks for crypto investors. Bill Hughes, an attorney with blockchain firm Consensys, remarked that while self-custody empowers users, governments retain the authority to seize digital assets for tax violations.

He stressed the importance of adhering to tax laws, warning that failure could lead to severe consequences, including asset forfeiture and imprisonment.

Acting Special Agent Lucy Tan of the IRS Criminal Investigation echoed this sentiment. She noted that the allure of crypto’s high value often tempts individuals to evade taxes. However, the penalties are clear, as non-compliance can result in federal prison.

She added:

“Ahlgren will serve time because he believed his cryptocurrency transactions were untraceable. This case demonstrates that no one is above the law.” read more on cryptoslate.com.

Elon Musk crypto coins|Complete Guide to His Coins

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Elon Musk crypto coins|Complete Guide to His Coins

What are Elon Musk crypto coins? Elon Musk is arguably the most outspoken CEO of Tesla and SpaceX, and the owner of X, formerly known as Twitter. He has been one of the most discussed individuals in the cryptocurrency space.

His influence on the market does not come from his investments but also from his public statements, memes, and tweets. Here’s a detailed overview of his involvement with cryptocurrencies.

Elon Musk crypto coins name

Musk has publicly declared his ownership in some cryptocurrencies, Elon Musk crypto coins name:

1. Bitcoin (BTC)

Elon Musk first showed his interest in Bitcoin in 2019, saying he was the owner of a 0.25 BTC present from a friend. He then called Bitcoin “quite brilliant” but wasn’t actively trading or investing in it.

In February 2021, Tesla revealed its purchase of $1.5 billion in Bitcoin, an unprecedented corporate endorsement. Musk said later that he and Tesla each owned Bitcoin, which again surged the coin’s price.

2. Ethereum (ETH)

In 2021, Musk said he was also holding Ethereum, which he purchased personally. As with most cryptos, except Bitcoin and Dogecoin, he has not talked much about Ethereum publicly, but to have it in his portfolio shows he believes in its long-term potential.

3. Dogecoin (DOGE)

Among all cryptocurrencies, Musk is most famously associated with Dogecoin. He once joked that he was the “Dogefather,” and his frequent tweets about Dogecoin often result in surges of the cryptocurrency.

In 2021, Musk confirmed Dogecoin as one of his personal holdings in a disclosure alongside Bitcoin and Ethereum. He once said he thinks Dogecoin has potential as a medium of exchange, using it to illustrate the lower transaction fees than Bitcoin.

Musk has been involved in projects that boost the adoption of Dogecoin and another Elon Musk crypto coins, such as making Tesla merchandise available for purchase with Dogecoin.

Musk’s Corporate Crypto Involvement

1. Tesla Crypto Activity

Tesla invested in Bitcoin earlier in 2021 and also briefly accepted the asset as a mode of payment for its vehicles before reneging on the offer due to concerns over environmental damage from mining activities of Bitcoin.

Tesla has not sold any of its Bitcoin, making it one of the few publicly traded companies with significant exposure to crypto.

2. SpaceX

Musk said that SpaceX also owns Bitcoin, but the number is not disclosed. Like Tesla, SpaceX has not ventured into other cryptocurrencies.

3. X (formerly Twitter)

After acquiring Twitter in 2022, there were speculations on the integration of cryptocurrencies into the platform, especially Dogecoin. As no such integration has happened yet, it was Musk’s influence that kept the rumors alive.

Elon Musk’s Stance on Issuing a Crypto Coin

Though Musk is able to move the market with his tweets, he has always made it known that he won’t issue a personal cryptocurrency token. Indeed, he has said numerous times that he and his companies-Tesla, SpaceX, and X-won’t be releasing a token. Nearly every time he sees scams and other fraudulent projects using his name, he makes this statement.

Market Impact and Controversy

Musk’s tweets and statements have had a massive impact on Elon Musk crypto coins prices. For example:

Bitcoin: When he announced Tesla’s purchase of Bitcoin, the price surged; then, when he later criticized Bitcoin’s environmental impact, the price sharply fell.

Dogecoin: Musk’s tweets about Dogecoin have resulted in wild swings in its price. For example, when Musk tweeted, “Dogecoin is the people’s crypto,” the price of the cryptocurrency surged.

Lawsuits: Musk’s influence has also drawn legal scrutiny. In 2022, he was sued for $258 billion over claims that his promotion of Dogecoin constituted market manipulation. Musk has denied those allegations.

The Elon Musk Coin Myth

All manner of scams and fake tokens have attempted to prey on Musk’s name. “ElonCoin” and “MuskCoin” have come up on the radar on multiple exchanges, though none is directly associated with him. He has warned his followers not to fall into their trap.

Community Opinions and Comments about Elon Musk crypto coins

Opinions among the cryptocurrency community concerning Musk remain mixed:

Fans: Many look up to him as a visionary because he attracts the masses into crypto, including Dogecoin.

Criticism: Others criticize his unpredictability and the market volatility his tweets can cause.

A Reddit user aptly summarized the sentiment: “Elon Musk is a double-edged sword for crypto. His tweets can create a bull run or a crash. While he’s put Dogecoin on the map, his actions sometimes feel impulsive.”

Predicting the future price of cryptocurrencies associated with Elon Musk, such as Bitcoin (BTC), Ethereum (ETH), and especially Dogecoin (DOGE), is difficult because the market is highly speculative and Musk’s influence is unpredictable.

However, certain trends and factors can provide some insight into the potential price of Elon Musk crypto coins movements.

Bitcoin (BTC) Predictions

Musk’s Impact on Bitcoin

Musk’s companies, Tesla and SpaceX, both hold Bitcoin, and his decisions regarding these holdings can impact its price. For example, Tesla’s $1.5 billion Bitcoin purchase in 2021 triggered a significant rally.

If Tesla resumes accepting Bitcoin for payments or announces further investments, the price could surge.

2. General Market Trends

Bitcoin remains the leading cryptocurrency and is influenced by macroeconomic factors like inflation, regulatory changes, and institutional adoption. Musk’s endorsement, coupled with increasing adoption, could stabilize Bitcoin as a store of value.

By 2025, Bitcoin could trade in the range of $40,000 to $100,000, depending on broader market adoption and Musk’s continued support.

Ethereum (ETH) Predictions

1-Musk’s Role with Ethereum

While Musk has disclosed owning Ethereum, he has not actively promoted it as he has Dogecoin. Ethereum’s growth is more tied to its technological advancements, such as Ethereum 2.0 and the adoption of smart contracts.

2. Potential Growth Factors

The rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) will likely increase demand for Ethereum. Musk’s influence here may be minimal unless he begins actively promoting Ethereum-based projects.

Ethereum could reach $5,000 to $10,000 by 2025 if DeFi and NFTs continue to grow.

Dogecoin (DOGE) Predictions

1. Musk’s Influence on Dogecoin

Dogecoin’s price is highly correlated with Musk’s actions and statements. For example, his tweets like “Dogecoin to the moon” have historically caused sharp price spikes.

Musk’s integration of Dogecoin into Tesla merchandise purchases and potential integration into X (formerly Twitter) could drive demand.

2. Mainstream Adoption

If Dogecoin gains broader utility as a payment method, especially through platforms owned by Musk, its value could stabilize and grow.

However, Dogecoin’s inflationary nature (unlimited supply) may cap its long-term price growth.

Dogecoin could range from $0.10 to $0.50 by 2025, with the upper end relying heavily on Musk’s continued promotion and practical use cases.

Key Risks and Factors to Watch

1. Regulation: Increased regulatory scrutiny of cryptocurrencies may dull their growth. Musk’s influence could also attract regulators to Dogecoin or other coins that he supports.

2. Musk’s Changing Interests: Musk is known for his changing interests. If he becomes less engaged with crypto, that may hurt Dogecoin and, possibly, Ethereum.
3. Market Sentiment: Cryptocurrencies are highly speculative, and market sentiment can change rapidly. Musk’s influence could either amplify positive trends or worsen downturns.

General Outlook Elon Musk crypto coins

Elon Musk’s continued involvement in cryptocurrencies will likely keep him a significant market influencer. However, the sustainability of his impact depends on tangible developments such as:

• Broader adoption of cryptocurrencies as payment methods.
• Integration into Musk’s ventures like Tesla, SpaceX, or X.
• Avoidance of regulatory crackdowns tied to his influence.

Caution is that, as much as Musk might move prices in the very short term, long-term investments should be made based on the fundamental value of the cryptocurrency, not by the influence of Musk. Diversification and risk assessment are two important things when it comes to investing in Musk-associated cryptocurrencies.

Crypto Elon Musk owns

Elon Musk has to be among the most influential people in the world of cryptocurrency. While he does not own or endorse an “Elon Musk coin,” his public statements about Bitcoin, Ethereum, and Dogecoin have greatly influenced their popularity and adoption.

On the other hand, his involvement comes with benefits and risks because his unpredictable nature could result in extreme market swings.

 

MicroStrategy, KULR, Metaplanet Hoard Bitcoin as Prices Soar Past $100K

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MicroStrategy, KULR, Metaplanet Hoard Bitcoin as Prices Soar Past $100K

MicroStrategy, KULR, Metaplanet Hoard Bitcoin as Prices Soar Past $100K!

As Bitcoin (BTC) hovered above the $100,000 mark, major players like MicroStrategy, KULR Technology Group, and Metaplanet increased their holdings, further fueling the asset’s upward trajectory.

MicroStrategy Increases Bitcoin Holdings

MicroStrategy continues strengthening its position as the leading institutional Bitcoin holder, adding 1,070 BTC to its treasury, investing approximately $101 million at an average price of $94,004 per BTC.

The latest purchase has already yielded a profit, underscoring MicroStrategy’s enduring confidence in Bitcoin’s long-term potential.

Hoard Bitcoin as Prices Soar Past

Additionally, in Q4 2024, MicroStrategy reported an impressive BTC yield of 48.0%, contributing to an overall yield of 74.3% for the fiscal year 2024.

As of Jan. 7, 2025, MicroStrategy holds 447,470 BTC, acquired at approximately $27.97 billion, averaging $62,503 per Bitcoin. See chart in the source.

KULR $21 Million Bitcoin Investment

KULR Technology Group has increased its Bitcoin acquisitions by an additional $21 million, bringing the total to $42 million.

The recent purchases were made at a weighted average price of $98,393.58 per Bitcoin, including all associated fees and expenses.

This strategic move reflects KULR’s alignment with its Bitcoin Tre

asury Strategy, introduced on Dec. 4, 2024.

This strategy dedicates up to 90% of the company’s surplus cash reserves to Bitcoin.

From its initial Bitcoin acquisition in December 2024 through Jan. 4, 2025, KULR achieved a BTC Yield of 93.7%, supported by surplus cash and funding through its At-The-Market (ATM) equity program.

Metaplanet 10,000 BTC Goal

On Jan. 6, Metaplanet completed its ¥9.5 billion ($66 million) financing plan to fund its Bitcoin purchases for 2025.

Metaplanet CEO Simon Gerovich announced plans to expand the company’s Bitcoin reserves to 10,000 BTC.

Gerovich described 2024 as “transformational,” highlighting the expansion of its Bitcoin treasury and its growing position as a leading BTC treasury holder in Asia.

Since its first purchase in 2024, Metaplanet has regularly acquired BTC, reaching 1,762 BTC.

Beyond financial gains, Metaplanet seeks to promote Bitcoin adoption in Japan and globally in 2025.

Since late April 2024, Metaplanet’s stock has surged more than tenfold, rising from around $1.90 to $22.05. However, the price remains far below the February 2013 peak of nearly $2,500.

Vitalik Buterin floats ‘soft pause’ on compute in case of sudden risky AI

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Vitalik Buterin floats ‘soft pause’ on compute in case of sudden risky AI

Vitalik Buterin floats ‘soft pause’ on compute in case of sudden risky AI!

Ethereum co-founder Vitalik Buterin says a temporary “pause” to worldwide available compute could be a way to “buy more time for humanity” in case of a possibly harmful form of AI superintelligence.

In a Jan. 5 blog post following up his November 2023 post advocating the idea of “defensive accelerationism” or d/acc, Buterin said super intelligent AI could be as little as five years away — and there’s no telling the outcome would be positive.

Vitalik Buterin floats ‘soft pause’ on compute in case of sudden risky AI

Buterin says a “soft pause” on industrial-scale computer hardware could be an option to slow AI development if this happens — reducing global available compute power by up to 99% for 1 to 2 years “to buy more time for humanity to prepare.”

A superintelligence is a theoretical AI model that is typically defined as being far more intelligent than the smartest humans in all fields of expertise.

All AI crypto coins With A Comprehensive Guide

Many tech executives and researchers have aired concerns about AI, with over 2,600 urging in a March 2023 open letter to halt AI development due to “profound risks to society and humanity.”

Buterin noted that his post introducing d/acc only made “vague appeals to not build risky forms of superintelligence” and wanted to share his thoughts on how to address the scenario “where AI risk is high.”

However, Buterin said he’d only push for a hardware soft pause if he was “convinced that we need something more ‘muscular’ than liability rules,” — which would mean those who use, deploy or develop AI could be sued for damages caused by the model.

He noted proposals for a hardware pause include finding the location of AI chips and requiring their registration but proposed that industrial-scale AI hardware could be fitted with a chip that only allows it to continue running if it gets a trio of signatures once a week from major international bodies.

“The signatures would be device-independent (if desired, we could even require a zero-knowledge proof that they were published on a blockchain), so it would be all-or-nothing,” Buterin wrote. “There would be no practical way to authorize one device to keep running without authorizing all other devices.”

The d/acc idea supported by Buterin advocates for a careful approach to developing technology in contrast to effective accelerationism or e/acc, which pushes for unrestricted and unbridled tech changes. Source…

Crypto wallet Phantom confirms it won’t launch a token amid airdrop rumors

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Crypto wallet Phantom confirms it won’t launch a token amid airdrop rumors

Crypto wallet Phantom confirms it won’t launch a token amid airdrop rumors!

Rumors came after Phantom announced a new social discovery feature, where some speculated users would earn tokens by gaining followers.

Crypto wallet Phantom confirms it won’t launch a token amid airdrop rumors

Digital asset wallet Phantom has refuted rumors suggesting it would initiate a token airdrop to complement its soon-to-be-released social discovery feature.

“We’ve seen some speculation about an airdrop tied to this feature, so to clarify: we do not have any plans to launch a token,” the non-custodial crypto wallet provider stressed in a Jan. 3 X post.

“But we’re incredibly excited about social discovery on Phantom and are actively working on ways to make it something everyone loves.”

Announced on Dec. 19, Phantom’s new social discovery feature will allow users to create a profile, add other users as friends, and choose between public, private, and invisible profile privacy levels.

Some crypto community members, such as X user “Slim,” claimed that users of the new feature would earn tokens by following others and getting followed, fueling speculation of a token launch.

Meanwhile, Phantom announced it would integrate layer 1 blockchain Sui on Dec. 6, making it the fourth blockchain Phantom supports behind the Bitcoin, Ethereum, and Solana networks.

The company said the integration would occur sometime in “early 2025.”

Phantom has become one of the leading non-custodial crypto wallets this bull cycle, having reported 7 million monthly active users last April.

Phantom briefly became the second most popular application in the Apple App Store’s utilities section on November 20 when crypto markets were still soaring following Donald Trump’s presidential election victory.

However, not everything has run smoothly for Phantom in recent months.

Developers behind the Phantom wallet were forced to issue an emergency update for iPhone users after reports that some had their applications reset, locking them out of their wallets unless they remembered their recovery phrase.

One Phantom user reported losing around $600,000 at the time.

Phantom was founded in 2021 in San Francisco, California by the firm’s CEO Brandon Millman, chief product officer Chris Kalani, and chief technology officer Francesco Agost.

Phantom also provides non-custodial services for users looking to secure their non-fungible tokens. Read more at cointelegraph.com.

US Welcomes Pro-Crypto Congress, Boosting Industry Sentiment

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US Welcomes Pro-Crypto Congress, Boosting Industry Sentiment

US Welcomes Pro-Crypto Congress, Boosting Industry Sentiment!

Ripple CEO Brad Garlinghouse has highlighted the 119th US Congress as a landmark moment for cryptocurrency, calling it the most pro-crypto legislative body in American history.

This optimism reflects a growing belief within the industry that significant regulatory progress may be on the horizon for the emerging industry.

Pro-Crypto Congress Sparks Optimism for Blockchain Innovation

On January 3, Garlinghouse shared his enthusiasm about the fresh congressional term, emphasizing the energy surrounding this pivotal shift. His remarks echo the sentiment of a burgeoning pro-crypto movement fueled by recent electoral victories.

US Welcomes Pro-Crypto Congress, Boosting Industry Sentiment

“Today, here in the US, we welcomed the 119th Congress — better known as the most pro-crypto Congress in history. The journey is just beginning, but you can’t deny the energy & excitement already building across the industry. Let’s get to work,” Garlinghouse stated.

The cryptocurrency advocacy group Stand With Crypto has also expressed optimism, celebrating the election of 298 pro-crypto lawmakers from both political parties. This diverse coalition includes first-time representatives and seasoned policymakers committed to advancing blockchain innovation.

“SWC welcomes the 119th Congress: The most Pro-Crypto Congress in History. We look forward to a productive year with the 298 pro-crypto legislators sworn in today. The future is bright!,” Stand With Crypto wrote on X.

The rise of pro-crypto legislators is partly due to the substantial industry support. During the election cycle, political Action Committees (PACs) like Fairshake raised over $200 million to back candidates advocating innovation-friendly policies.

Key contributors included Coinbase, Ripple, Jump Crypto, and prominent investors such as Andreessen Horowitz.

This unprecedented alignment between the crypto industry and policymakers has sparked optimism for regulatory clarity.

Many industry stakeholders believe the new Congress could advance critical initiatives like the Financial Innovation and Technology for the 21st Century Act (FIT21). There is also hope for support of Senator Cynthia Lummis’s proposal to establish a Strategic Bitcoin Reserve.

Additionally, the crypto community anticipates that this Congress will challenge overreaching policies from regulators like the Securities and Exchange Commission (SEC), whose actions have previously stifled innovation.

Several crypto companies, including Coinbase and the Blockchain Association, have already expressed readiness to collaborate with lawmakers to craft balanced frameworks.

The widespread support for pro-crypto lawmakers signals a turning point in the push for clear and supportive regulations, paving the way for the United States to solidify its position as a global leader in blockchain and cryptocurrency innovation. Read more in beincrypto.com.

New On-Chain Metric For Bitcoin Signals Equilibrium

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New On-Chain Metric For Bitcoin Signals Equilibrium

New On-Chain Metric For Bitcoin Signals Equilibrium – Understanding The Input Output Ratio!

As the new year begins with optimism across the crypto market, Bitcoin is once again taking the lead with a bullish outlook. The world’s largest cryptocurrency has started 2025 on a strong note, setting the tone for what investors anticipate to be a pivotal year for the asset. With price action holding above crucial levels, the sentiment surrounding BTC and the broader market remains positive, fueled by hopes of further growth and adoption.

New On-Chain Metric For Bitcoin Signals Equilibrium

CryptoQuant analyst Axel Adler recently introduced a novel metric, the Bitcoin Input Output Ratio, offering fresh insights into the current market dynamics. According to Adler, the ratio presently indicates market equilibrium, suggesting that Bitcoin’s price reflects a balanced state between buying and selling pressures. This new perspective provides a clearer lens for understanding BTC’s recent movements and hints at potential shifts in the weeks ahead.

With a strong start to the year and a bullish sentiment dominating investor conversations, the next few weeks will be critical for Bitcoin’s trajectory. As the market looks poised for significant developments, many believe 2025 could mark another milestone year for BTC and the broader cryptocurrency space. All eyes are now on the data and price action as BTC charts its course for the months ahead.

Bitcoin Input Output Ratio: What This Metric Reveals

CryptoQuant analyst Axel Adler has provided valuable insights into Bitcoin’s current market dynamics through on-chain metrics. On X, Adler recently introduced the Bitcoin Input Output Ratio (IOR), explaining its significance and how it reflects the state of the market. This metric offers a granular look at wallet activity, helping analysts and investors interpret shifts in market sentiment.

The IOR measures the activity of BTC wallets by comparing the number of addresses spending or transferring funds (inputs) to those receiving funds (outputs). An increase in the ratio indicates higher spending activity, potentially signaling selling pressure or movement toward exchanges. Conversely, a decrease in the ratio suggests reduced spending activity, which may indicate accumulation or hodling behavior.

When the ratio drops below 1, it reflects a higher number of wallets receiving BTC than those spending it—a potential bullish sign, as it may imply accumulation. For the current Bitcoin bullish cycle, the average IOR value has been 1.05. Presently, the metric sits at 1.04, signaling a state of equilibrium in the market.

Adler emphasizes that while the IOR provides valuable information, it should be analyzed alongside other on-chain metrics and broader market conditions to form a complete picture of BTC’s trajectory. This equilibrium phase suggests a balanced market, leaving room for potential shifts in either direction based on external catalysts.

BTC Holding Strong: Time For A Rally?

Bitcoin continues to show resilience as it holds above the critical $95,000 mark, a key level for maintaining bullish momentum. This price level has become a focal point for both bulls and bears, as it serves as the foundation for a potential breakout above the highly anticipated $100K mark.

Currently, BTC is trading within a tight range, with the 4-hour 200 EMA below at $95,779 and the 200 MA above at $98,116. This range highlights a period of consolidation, with traders eagerly watching for a clean breakout in either direction. A decisive move above the 200 MA and a successful retest to establish it as support would set the stage for a new rally into uncharted territory and potential all-time highs.

On the other hand, failure to hold these levels could signal brewing bearish momentum. Losing the $95,000 mark, in particular, may lead to a deeper correction as the market searches for the next significant demand zone.

As the market remains in a state of equilibrium, Bitcoin’s next move will likely set the tone for the broader crypto market. All eyes are on whether bulls can gather the strength needed to take BTC to new heights. Read more at bitcoinist.com.

Michael Saylor’s Trump Meeting Is Turbo Bullish for Bitcoin

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Michael Saylor’s Trump Meeting Is Turbo Bullish for Bitcoin

Michael Saylor’s Trump Meeting Is Turbo Bullish for Bitcoin! Last night, President-elect Donald Trump’s son, Eric Trump, posted a photo of himself at Mar-a-Lago with MicroStrategy Executive Chairman Michael Saylor with the caption, “Two friends, one passion: Bitcoin.”

This is so unbelievably bullish — let me explain.

For the last four years, under the Biden-Harris administration with total Democrat control, the U.S. government did their best to terrorize this industry and attack us. The overwhelming majority of the Democrat party did not support Bitcoin and followed Elizabeth Warren’s lead on demonizing the industry and its participants. They weaponized the justice system to arrest Bitcoiners, tried to tax our unrealized gains, stopped pro-Bitcoin legislation from being signed into law, de-banked industry participants via Operation Chokepoint 2.0, refused to support Bitcoin in any meaningful way, and so much more.

They were truly anti-Bitcoin. If Kamala Harris had won the presidential election, their reign of terror on Bitcoin would have continued for at least four more years. But now, the Democrats’ war on Bitcoin in America is finally coming to an end. And a new administration is coming in — and they love Bitcoin.

Donald Trump is not even officially in office yet, and his family is already inviting Michael Saylor to his estate in Mar-a-Lago to discuss Bitcoin further. This isn’t the first time he’s done something like this either, like in 2024 when Trump invited American Bitcoin mining giants there to learn more about the industry and what he needs to do to best support them.

It is important to note that just two weeks ago, Saylor said on Bloomberg that he would be open to advising Donald Trump on Bitcoin. And now with him being at Mar-a-Lago, I think it is safe to speculate that something big might be brewing here.

Trump Meeting Is Turbo Bullish for Bitcoin

The Trumps understand Bitcoin and continue to show their support for the asset and industry. Eric Trump recently gave a great speech at the Bitcoin MENA Conference in Abu Dhabi, explaining the characteristics that make Bitcoin an invaluable asset while sharing his family’s personal experience being de-banked, and how Bitcoin protects individuals from being cancelled. Donald Trump Jr., along with his father, appeared at the Bitcoin 2024 Conference and showed lots of support for this asset and industry.

Donald Trump has committed to releasing Bitcoiners (Ross Ulbricht) from prison, sign pro-Bitcoin legislation into law, work with the industry to help us thrive, end Operation Chokepoint 2.0, appointed an official Crypto Czar, said “Bitcoin and crypto will skyrocket like never before” under his administration, and so much more.

Even if you’re not a fan of Trump, you have to acknowledge and give him and his family credit for the good work they’re doing to make a regulatory friendly environment for this industry to thrive in. Imagine all this industry can accomplish over the next four years being supported by the President, allowing us the room to innovate and build without fear of being harassed and demonized by our own government. I would say the sky is the limit but it’s even better than that.

Four years is a long time, especially in this industry. Lots can happen during that time, and I am incredibly bullish on the future of Bitcoin in America under this incoming Trump administration. So Trump Meeting Is Turbo Bullish for Bitcoin.

Andrew tate crypto coins

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Andrew tate crypto coins

What are Andrew tate crypto coins? How is Andrew tate?

Andrew Tate, a controversial internet personality, has dipped his toes into cryptocurrency by endorsing and promoting several meme coins and Andrew tate crypto coin.

Here’s a comprehensive guide to these ventures, incorporating community insights and available information about Andrew tate crypto coin.

What Is Andrew tate crypto coin?

Andrew Tate’s crypto coin refers to meme coins or digital assets endorsed or inspired by the controversial internet figure and former kickboxer Andrew Tate. Examples include $DADDY and Andrew Tate’s Dog ($G). Most of these tokens emerge as part of the meme coin trend, relying on hype, community support, and celebrity endorsement rather than intrinsic utility or technological innovation.

Andrew Tate has been associated with various meme coins, notably $DADDY and Andrew Tate’s Dog ($G). Usually, meme coins have no intrinsic value; they are for the community based on interest and speculation. Given this, his involvement seriously impacts their popularity and market performance.

Andrew Tate Crypto Coin Name

The most well-known coins and The most used coins with Andrew Tate are:

1- $DADDY: DADDY Released in 2024, this coin was hyped by Tate as a parody of Iggy Azalea’s meme coin $MOTHER, with Tate branding it as “for the patriarchy.”
so DADDY is A satirical, patriarchal response to $MOTHER, it resonated with Tate’s audience and saw a huge uptake when launched.

2- Andrew Tate’s Dog ($G): This coin came a bit later and is named after dog-themed meme coins, albeit marketed by Tate as representing “the true essence of an alpha.” So $G rode the wave of dog-themed tokens that were viral at the time, and likened to tokens such as Dogecoin and Shiba Inu. Tate marketing it as an “alpha” meme coin.

The branding of Andrew tate crypto coins is usually a reflection of Tate’s public image, being heavily marketed as masculine, humorous, and controversial.

Andrew tate crypto coins gained huge traction quickly, driven by Tate’s massive social media influence, but their long-term sustainability is questionable.

Andrew tate crypto wallet

Specific information on Andrew tate crypto coin isn’t publicly disclosed. That being said, some of his token promotions have caused people to speculate about what he has. For example, in the case of $DADDY, there was a discussion of token distribution and potential burns to reduce supply.

While Andrew Tate has never come out publicly with what Andrew tate crypto coin contains, his actions in promoting specific tokens do hint at possible holdings of these assets. The following are always speculated within crypto communities:

1- Tate’s Personal Investments: Some believe that his endorsements align with personal financial interests.

2- Distribution of Tokens: For some tokens, for example, $DADDY, the token distribution was in the hands of a few early holders, which might have an impact on the price stability of the token.

When using the tokens held by celebrities, be sure to verify contract addresses and view wallet activity for potential scams.

Where to Buy Andrew tate crypto coins

These tokens are normally available on decentralized exchanges (DEXs) operating on the Solana platform. To buy these tokens, do the following:

1. Set Up a Compatible Wallet: Make sure one has a wallet compatible with Solana AND Install a Solana-compatible wallet (e.g., Phantom, Solflare).

2. Purchase Solana (SOL): Purchase SOL from a reputable exchange to facilitate transactions. Buy SOL on major exchanges such as Binance, Coinbase, or Kraken.

3. Connect to a DEX (Decentralized Exchange): Use a decentralized exchange like Raydium or Serum, supporting Solana tokens.

4. Verify Contract Addresses: Double-check the token address to avoid scam traps.

5. Swap SOL for the Desired Token: Now, you can swap your SOL for $DADDY or $G using the DEX interface, making sure to input the correct contract address to avoid getting scammed.

Note: One should always do one’s homework about the legitimacy of the token because meme coins are the usual targets of fraud and rug pulls.

Andrew Tate Crypto Coin Price Prediction

Predicting the future value of meme coins like $DADDY or $G is all highly speculative, as they are volatile, bearing no fundamental value. The initial promotion will lead to a sharp rise in price, only to drastically drop thereafter.

As evidence of this, over 99% of all the meme coins being touted by Tate have lost most, if not all, of their value since introduction.

Following its launch, $DADDY shot up to a market cap of more than $217 million. Its value has since plunged and was reported as low as $0.07568 amid controversy surrounding Tate.

But Andrew Tate’s Dog ($G) current trading as of January 2, 2025, Was at approximately $0.000097 per token with a 24-hour trading volume of $2,679.87. That is way down from its all-time high of $0.0071.

Price predictions of such meme coins like $DADDY and $G are highly speculative. They depend on:

• Hype and Social Media Trends: Hype at the initial stage may create dramatic price surges.
• Sentiment: Meme coins are volatile and sensitive to news and trends.
• Community: Whether there is continued interest and active development can endow them with long-term sustainability.

However, most experts advise against the likelihood of further growth, since tokens like these usually undergo rapid declines once the initial hype dies down.

Andrew Tate’s Crypto Coin Value

  • $DADDY: Once up to a market cap of over $200 million, it quickly dived to $0.07568 in a controversy-ridden spell.
  • $G: Its current price is around $0.000097, dramatically falling from the peak value of $0.0071.

Huge price swings like this show why investing in anything speculative can be perilous.

Community Insights about Andrew tate crypto coin

Discussions in crypto forums are skeptical of celebrity-endorsed tokens, with many regarding them as potential pump-and-dump schemes and warning against investing based on celebrity endorsement alone.

One Reddit user claimed he had just made $10,000 trading $ DADDY, but he urged everyone to be cautious and do their due diligence.
Crypto community members are torn concerning Andrew Tate and his activities in meme coins.

Some of his followers give him kudos for bringing attention and an opportunity to the market, but Others have been looking at such tokens as possible pump-and-dump schemes and advise against celebrity-driven investments.

Success Stories and Cautionary Tales on Reddit contain stories of users making short-term gains but stress the importance of getting out early to avoid losses.

Conclusion of Andrew tate crypto coins

Conclusion Andrew Tate’s foray into cryptocurrency reflects the highly speculative and volatile nature of meme coins. His endorsement has brought an opportunity to make a quick profit but also substantial risks in the form of a lack of utility, possible market manipulation, and vulnerability to scams.

Such tokens are for investors who do their homework, understanding the token’s underlying value and the speculative forces that drive it.

Investing in meme coins associated with personalities like Andrew Tate is very risky. That means the tokens are extremely volatile, and there could be a fast devaluation.

Any investment in those coins should be made fully aware of the risks involved and the speculative environment in which these coins operate.

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