Bitcoin

Tether USDt

Hey folks! Welcome back to our Blockchain Bulletin, where we explore the key incidents in the past 24 hours. The 18th of December witnessed major updates as Bitcoin stood steady above the $100k level for the fourth consecutive day.Despite a temporary pause in its upward trajectory today, <a href="https://cryptotale.org/bitcoin-could-hit-200k-by-mid-2025-says-bitfinex-analysts/" rel="noopener noreferrer nofollow">Bitcoin</a>‘s remarkable surge past $108,000 has sparked widespread optimism among investors and analysts. Notably, Bitfinex analysts have made a bold prediction, forecasting that the cryptocurrency’s target price will exceed $200,000. Experts pinpointed the bull run to global powers’ Bitcoin reserve strategy and growing institutional demand.Amidst Bitcoin’s surge, altcoins like <a href="https://cryptotale.org/xrps-5-breakout-whats-next-after-novembers-464-surge/" rel="noopener noreferrer nofollow">XRP</a> have remained resilient. In November alone, XRP appreciated by 464%, increasing from a mere $0.51 to a high of $2.90 by December 3. In anticipation of continued momentum, analysts are setting their sights on the new target—$5.Stablecoins were also strong during this bull run after the US elections of November. <a href="https://cryptotale.org/tether-dominates-stablecoin-dry-powder-sees-40m-inflow/" rel="noopener noreferrer nofollow">Tether</a> (USDC), in particular, retained its dominance in the stablecoin market, recording a substantial daily net inflow of $40 million. In addition, Tether announced its strategic investment in European stablecoin provider StablR to accelerate adoption in the region. <a href="https://cryptotale.org/the-blockchain-bulletin-dec-19-aisc-sues-binance-australia-for-non-compliance/" rel="noopener noreferrer nofollow">Read More on CryptoTale</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

The Blockchain Bulletin, Dec 19: AISC Sues Binance Australia for Non-Compliance

CryptoTale

Other articles published on Dec 19, 2024

Chainlink Price Prediction: How LINK Will React To 529K Withdrawal By Whale

Is Ethereum Set for a Major Breakout?

Bitcoin Buyer MicroStrategy to Change Fundraising Strategy

How Does Fed Rate Cut Impact Crypto Market?

DeFi Coins on Fire: Investors Target Chainlink, AAVE, and This $0.12 Coin for Massive Gains in th...

Cardano Price Analysis: What Is Next for ADA After 7% Daily Drop to Below $1?

Join our free newsletter for daily crypto updates!