Bitcoin’s (BTC) remarkable rally in 2024, surging over 132% year-to-date, could face a significant correction, with market indicators pointing to potential bearish trends ahead. The cryptocurrency’s performance against gold, a historical measure of speculative overextension, is hitting resistance levels that previously preceded bear markets in 2018-2019 and 2021-2022.Bitcoin-Gold Ratio Signals TroubleAnalysts, including veteran trader Peter Brandt, highlight the Bitcoin-to-Gold ratio (BTCUSD/GC1!) climbing into the critical resistance range of 34–37. Historically, this zone has marked local market tops and been followed by sharp Bitcoin price corrections.Adding to concerns, the ratio’s weekly relative strength index (RSI) has breached the overbought threshold of 70, signaling potential overextension. Such a pattern was evident in March 2024, when Bitcoin (BTC) peaked at $74,000, followed by a 33% drop.Similarly, Bitcoin’s all-time high of $69,000 in November 2021 coincided with the ratio touching this resistance, leading to a 75% correction during the subsequent bear market.How Low Could Bitcoin Go?If historical patterns hold, Bitcoin (BTC) may test its 50-week exponential moving average (EMA) as a downside target. Currently, this aligns with the $65,000–$69,000 range, implying a potential 30-35% correction from its current levels by early 2025.Bitcoin is already showing signs of resistance near the $102,000 level, which coincides with the 1.618 Fibonacci retracement level. A break below this threshold could accelerate the downward trajectory toward the 50-week EMA.Potential Upside ScenariosDespite bearish signals, a breakout above $102,000 could defy historical patterns, setting Bitcoin (BTC) on course for a rally toward $150,000. Such a move would invalidate the current bearish fractal, lifting the Bitcoin-to-Gold ratio above its 34-37 resistance zone and extending bullish momentum.Bitcoin’s (BTC) current market dynamics underscore a critical juncture for the cryptocurrency. As its relationship with gold signals overvaluation, traders are advised to exercise caution. Whether Bitcoin continues its ascent or retraces to historical support levels will largely depend on its ability to break through key resistance points and sustain bullish momentum.

According to a court document disclosed on December 10, the FTX creditor team successfully recovered about $14.5 million in funds through a small claims settlement in November, mainly from previous political donations. The recovered funds include $6 million from the House Majority Political Action Committee and $3 million from the Senate Majority Political Action Committee. In addition, Forward Action Fund, Mind the Gap, and the American Road People Organization also returned more than $1 million each. It is understood that FTX executives have previously initiated donations to nearly one-third of members of Congress, and SBF himself has donated at least $40 million to various political campaigns. (CryptoSlate)

Web3 cloud computing platform 4EVERLAND announced that its 4EVER token airdrop query page is now officially online. According to the official token economic model, 5% of the total supply of 4EVER Token will be airdropped to users this time, aiming to give back to users' early support and promote ecological development. Among them: 3% Token is allocated to 4EVER Points owners; 0.5% Token is used for T4EVER exchange; 1% Token is allocated to users who interact with early products on the chain; 0.5% Token is allocated to early ecological contributors, Gitcoin donations, etc. According to previous news, 4EVER will be launched simultaneously on multiple exchanges such as Gate, Mexc, and BingX at 17:00 Beijing time on December 12. Users who have completed exchange account binding can receive airdrop tokens before going online, while users who have not completed account binding will be open to receive them later. It is reported that 4EVERLAND is a Web3 cloud computing platform focusing on the development of DePIN + AI, and is committed to creating efficient cloud computing solutions that seamlessly connect Web2 and Web3 for developers. At present, its technology and services have been adopted by more than 250,000 developers and well-known application projects, including Snapshot, PumpFun, Hey.xyz and Linear and other highly-watched projects.

The post Here Are 8 Top Altcoins to Buy on This Crypto Dip appeared first on Coinpedia Fintech News The crypto market recently experienced a sharp decline of almost 500 billion, while Bitcoin even shed about 8% of its value. However, the altcoin market saw almost a 10% to 20% dip. Amidst this turbulence, experts have accumulated 8 top altcoins with strong potential for gains in the next... source: https://coinpedia.org/news/here-are-8-top-altcoins-to-buy-on-this-crypto-dip/

OKX market data shows that EIGEN rose above 5.1 USDT and is currently trading at 5.108 USDT, a record high, with a 24-hour increase of 15.01%.

This platform helps game developers and studios grow with the tools. Also, resources, and intellectual property (IP) they need. It enables them to create and improve games. It’s all part of Gomble Games’ mission to build a complete Web3 gaming ecosystem. The goal is to connect developers and players in a way that makes the […] The post Gomble Games Launches GOMBLE BUILDERS Platform appeared... source: https://www.altcoinbuzz.io/cryptocurrency-news/gomble-games-launches-gomble-builders-platform/

According to the official announcement of jump.fun, the platform will launch its 2.0 Beta version and one-click coin issuance function on the Base chain on December 11, 2024. Users only need to spend $0.2 to deploy Memecoin. At the same time, the platform smart contract will automatically provide 6 ETH of initial liquidity support for each project and complete 100% token liquidity pool injection in Uniswap V2, providing basic guarantees for project launch. For this 2.0 upgrade, jump.fun also launched a community revenue sharing plan. 100% of the platform's revenue will be used to repurchase JUMP, of which 50% will be directly airdropped to Memecoin deployers. This mechanism is designed to encourage developers to actively participate and further enhance the activity and sustainability of the community ecosystem.

واجهت عملة ME التابعة لمنصة الرموز الغير قابلة للاستبدال “Magic Eden” تحديات ملحوظة عند إطلاقها، حيث انخفض سعرها بشكل حاد بسبب مشاكل فنية وشكاوى المستخدمين حول تعقيد عملية المطالبة والمشاكل المرتبطة بتطبيق المنصة. بعد أن افتتحت التداول عند 6.70 دولار، ارتفعت بشكل سريع إلى 13.10 دولار قبل أن تهبط بنسبة 67% إلى 4.30 دولار، لكنها … The post عملة ME من Magic Eden المدرجة حديثا على بينانس تواجه... source: https://arab-btc.net/magic-eden-me-token-struggles-at-launch/

We explore the top five cryptocurrencies to watch out for in 2025, highlighting their unique characteristics and the factors that could drive their success in the coming years. source: https://en.spaziocrypto.com/crypto/top-5-cryptocurrencies-for-2025/

One new layer-2 Ethereum (ETH)-based altcoin jumped by triple digits as top US crypto exchange Coinbase added its support. Movement (MOVE) soared to a high of $1.45 Monday, a gain of more than 135% from its low of $0.616, as Coinbase announced the digital asset was listed on its platform for trading. MOVE has since […] The post Layer-2 Project Using Facebook’s Move Language Rallies Hard as... source: https://dailyhodl.com/2024/12/11/layer-2-project-using-facebooks-move-language-rallies-hard-as-coinbase-adds-trading-support/

However, with the rapid development of AI technology, the threshold for generating false content has been greatly lowered, which further brings more potential risks.

Instead of having separate pools for each stablecoin, Perena will create one large stablecoin pool to make trading between them easier and cheaper.

This article will give you a quick introduction to ZK, verifiability, and privacy projects on Solana.

The United States Commodity Futures Trading Commission (CFTC) Files Lawsuit Against Pastor Over Alleged $6M Crypto Ponzi Scheme.

AI-powered search tools like Perplexity are gaining popularity for their ability to provide quick, precise answers, reducing reliance on traditional search engines. However, concerns about accuracy and trust remain, as users must carefully verify AI-generated content.

Magic Eden, ME finally issued its token, but NFT is really out of fashion. Golden Finance, Magic Eden finally issued its token, and it was first launched on Binance.

Ripple’s RLUSD stablecoin has received regulatory approval from the NYDFS, enabling its launch. The approval positions RLUSD to compete with major stablecoins like USDT and USDC, with Ripple planning partnerships and expansion into the DeFi space.

Taking the recent rapid rise of Ethena and HyperLiquid as examples, what secrets of their success do they have? And what profound insights can they bring to future projects?

The event also featured remarks from Alibaba and Ant Group founder Jack Ma, marking a rare public appearance.

在DeFi投资者准备迎接HYPE代币发行之际，是什么让Hyperliquid吸引了这么多人的目光？