Crypto Community

Author: 0xCCrypto

  • 🚀 1 YEAR OF MOONSEEKERS – SUPER RUMBLE

    🚀 1 YEAR OF MOONSEEKERS – SUPER RUMBLE

    🔥 It’s already been 1 YEAR that the pack has been making its howl resonate in the Web3! We invite you to a 100% DÉGEN evening to celebrate it as it should be! 🔥

    📅 DATE: February 25
    🕘 TIME: From 9 PM
    📍 WHERE: On Discord https://discord.gg/Fgq5JnSDmz

    SUPER RUMBLE:

    9pm: The games are open to all, and the Super Rumbles kick off with more than 13 Web3 communities gathered for a real carnage! Who will come out on top and take home the biggest prizes?

    🎁 CRAZY PRIZEPOOL: NFTs, tokens, cryptos… and even an inflatable ostrich 🦩🫶

    Evolving list of gifts for the Rumbles:

    🎖️ MetaMind Games: 2 Collector Randonneur packs (2x €59) 📖

    🎖️ $30 in SOL

    🎖️ $15 in SOL

    🎖️ 1 EGLD

    🎖️ 1 Mooncast NFT

    🎖️ 7 Voidrider NFTs

    🎖️ 4 BOONS Silver NFTs

    🎖️ 9 BOONS NFTs

    🎖️ $200 in tokens 💰

    🎖️ 2 Drippy Dudes NFTs

    🎖️ 1 The Life Bomb NFT: Ventilator Bee

    🎖️ 1 The Life Bomb NFT: OG Bee

    🎖️ 250 HELToken

    🎖️ An inflatable ostrich 🦩

    🎖️ A “magnificent” CryptoBasics cap 🧢

    🎖️ 3 ThugzBlock

    🎖️ 5x free mint spots for Drippy Dudes V2

    🎖️ $30

    🎖️ AlwaysTired NFT

    🎖️ RugDollz 3D

    🎖️ BTFD Rabbits NFT

    🎖️ Atika NFT

    🎖️ 1 signed and hand-enhanced reproduction 30 x 30 cm

    🎖️ BabyBloop NFT + 500 BabyBloopCoins

    🎖️ 15 Exclusive Access to BALLS-IN Game Season 2

    🎖️ 1 freemint arK’s odySSey

    How to register for the Super Rumble?

    📅 Meet us at 9pm on our Discord: https://discord.gg/Fgq5JnSDmz

    ✅ Requirements: Be a member of at least one of the participating communities.

    🎟️ Would you like to register your community? Open a ticket on Discord and let us know your request! 🚀

    After the super rumbles we go to Bingo games open to all and a super bingo, the info of the super bingo here: https://crypto-community.net/en/super-bingo

    Participation Requirements

    Participants must be active members of one of the communities for at least 30 days before the start of the game.

    Winning Process

    In the event of a victory, the player must open a ticket on the Moonseekers Discord server to claim their prize. All necessary information for prize delivery will be communicated within the ticket.

    Disqualification

    We reserve the right to disqualify any player who registers for the rumble via a bot or who is not present in the live chat during the game. Players must be present and active in the chat during the game to be eligible for prizes.

    Participant Behavior

    Any disruptive behavior, cheating, or attempt to manipulate the results of the rumble will result in the immediate disqualification of the player and forfeiture of any prize won.

    By registering and participating in the Super Rumbles, you accept the full terms of this rule.

  • Super Bingo

    Super Bingo

    To celebrate the Moonseekers birthday we are hosting a Super Progressive Bingo on Tuesday February 25th!

    How enter ?

    1️⃣ Mint NFT Voidrider in a Flashmint Operation (0.07 SOL instead of 0.25 SOL)
    2️⃣ Open a ticket to obtain the Flashmint role (this role gives you access to the channel where Bingo will take place)
    3️⃣ Be there on February 25 around 9:30 p.m. UTC+1 to play 🎲

    Flashmint dates🗓

    📌 15-16 feb
    📌 18-19 feb
    📌 22-23 feb
    📌 25 féeb

    Mint : https://launchmynft.io/sol/9565

    🏆 Prize of Super Bingo 🏆

    The jackpot is progressive and depends on the number of mints:

    MintsTotal SOL 39% for the Bingo
    80.56 SOL0.2184 SOL
    100.70 SOL0.273 SOL
    120.84 SOL0.3276 SOL
    140.98 SOL0.3822 SOL
    161.12 SOL0.4368 SOL
    201.40 SOL0.546 SOL
    221.54 SOL0.6006 SOL
    241.68 SOL0.6552 SOL
    261.82 SOL0.7098 SOL
    281.96 SOL0.7644 SOL
    302.10 SOL0.819 SOL
    352.45 SOL0.9555 SOL
    402.80 SOL1.092 SOL
    45+3.15+ SOL1.2285+ SOL 🎉

    ⚡ The more mints, the bigger the jackpot! 💰🔥

    Join us on Discord

    Bingo will take place on the Moonseekers Discord server.

    Join us via this link: https://discord.gg/Fgq5JnSDmz

    We look forward to seeing many of you for this exceptional event! 🚀

  • Why XRP is Rising: A Analysis of Recent Events

    Why XRP is Rising: A Analysis of Recent Events

    Why XRP is Rising: Several recent events explain the spectacular rise of XRP. Here’s a detailed analysis to understand why XRP is climbing and what it means for the future.

    1. The SEC Appeal: A Shadow Clearing Up

    The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) remains a central topic. The SEC appealed Judge Analisa Torres’ landmark ruling, which stated that XRP sales on secondary markets do not constitute securities transactions. However, many see this appeal as a desperate attempt by the SEC.

    Ripple’s Chief Legal Officer, Stuart Alderoty, described the appeal as “mere noise.” According to him, “an era of pro-innovation regulation is emerging, and Ripple is thriving.” This sentiment reflects growing investor confidence in Ripple and XRP, despite regulatory hurdles.

    2. Investor and Community Support

    A major argument against the SEC revolves around testimonies from thousands of XRP investors gathered by attorney John Deaton. These statements confirm that investors did not purchase XRP based on promises from Ripple but for its technological applications and economic potential. Experts have called the SEC’s failure to consider this evidence a “serious oversight.”

    Additionally, the role of the crypto community cannot be underestimated. The unwavering and massive support for XRP bolsters its legitimacy and resilience in the face of challenges.

    3. Promising Technology

    Beyond legal issues, XRP’s success lies in its real-world utility. Ripple leverages XRP to facilitate fast, low-cost cross-border payments. As demand for efficient payment solutions grows, this technology plays a pivotal role.

    Numerous financial institutions are adopting RippleNet, Ripple’s payment network, which boosts XRP’s adoption and perceived value. With strategic partnerships worldwide, Ripple continues to prove that its ecosystem is robust and tailored to modern market needs.

    4. An Ambitious Price Target

    Financial analysts and blockchain experts predict an ambitious price target for XRP. Some foresee a rise to $10, driven by a combination of factors: resolution of legal conflicts, increased institutional adoption, and strengthened investor confidence.

    XRP’s rise is no coincidence. It’s based on tangible factors: imminent regulatory clarity, a committed community, solid technology, and strong market prospects. As the cryptocurrency landscape continues to evolve, XRP seems well-positioned to maintain its upward momentum and establish itself as a key player in the crypto ecosystem.

    Stay tuned for updates on Ripple’s XRP and follow our other crypto and Web3 news!

  • The RIG Project and the ARC Token: Key Information

    The RIG Project and the ARC Token: Key Information

    The Rig Framework is an innovative open-source solution built in Rust, designed to create applications powered by large language models (LLMs). With its unified interface and advanced abstractions, it simplifies and streamlines the development of AI agents and complex applications.

    Flexible and high-performing, Rig caters to both developers building simple chatbots and those creating multi-agent systems or retrieval-augmented generation (RAG) solutions. Its main features include:

    • Unified interface for various LLM providers
    • Seamless integration with vector stores
    • Type-safe interactions
    • Support for flexible embeddings
    • Modular and scalable architecture

    The use of Rust ensures both performance and security, reducing runtime errors while enhancing the efficiency of developed applications.

    Explore our article on AI Crypto Agents to gain insights into the potential of AI Agents: [AI Crypto Agents Article]

    Uses of the Rig Framework

    The Rig Framework offers a wide range of possibilities across various sectors thanks to its flexibility and power:

    • Creating AI agents for specific tasks (e.g., research assistance or flight bookings)
    • Implementing RAG systems to enhance real-time interactions
    • Developing chatbots and conversational AI
    • Designing semantic search and recommendation systems

    Rig is particularly useful for enterprises aiming to enhance automation in customer service, IT, marketing, and software development workflows. Its modular design enables seamless integration and extensibility, making it a key tool for developers looking to leverage advanced AI features like RAG and multi-agent applications.

    The ARC Token

    ARC is the native token of the AI Rig Complex project, launched in December 2024. It plays a central role in the Rig ecosystem, supporting both utility and community incentives.

    Tokenomics

    • Initial Distribution: 90% of tokens are in circulation from day one, ensuring broad community ownership.
    • Reserves: 5.5% of the supply is allocated to a reward pool for ARC experiments, and 4.5% is reserved for the team, with a one-year lock and vesting period.
    Tokenomics token ARC

    Performance of the ARC Token

    Since its launch, ARC has demonstrated strong market momentum. The token is currently priced at $0.2343, with a 24-hour trading volume reaching $76 million. This represents a 22.7% decrease over the past 24 hours, highlighting its market volatility but also its potential for growth.

    ARC reached its all-time high at $0.4259 and has since corrected. However, its performance still reflects significant gains since its all-time low of $0.03048. With its current market capitalization of $236 million, ARC ranks as a promising asset within the crypto ecosystem.

    Price crypto ARC

    Why ARC Could Be an Opportunity

    ARC offers several unique advantages that make it a noteworthy project for developers and investors:

    1. Innovative Technology: The Rig Framework’s cutting-edge features position it as a leader in the AI agent development space. Its Rust-based implementation ensures high performance, security, and scalability.
    2. Community-Centric Tokenomics: The high percentage of circulating supply and the clear allocation of reserves foster trust and long-term commitment from the community.
    3. Expanding Use Cases: The growing adoption of AI agents in sectors such as customer service, semantic search, and recommendation systems underscores the practical value of the Rig Framework.
    4. Integration with Web3: ARC’s seamless alignment with blockchain technology adds another layer of utility, combining AI and decentralized systems to create powerful, future-proof solutions.

    Disclaimer

    This article is for informational purposes only and should not be considered financial advice. Always conduct your own research (DYOR) before making any investment decisions. The cryptocurrency market is highly volatile, and investments carry risks.

    For more information, visit:

  • Bitcoin in 2025: The Year Everything Changed

    Bitcoin in 2025: The Year Everything Changed

    In just a few years, Bitcoin has evolved from a technological curiosity to a major player in the global financial system. 2025 marks a decisive turning point in this evolution. Let’s dive into the fundamental changes that have transformed the cryptocurrency landscape.

    🌟 Price Surge and New Market Reality

    Bitcoin now navigates uncharted waters. Recent data shows prices oscillating between $95,000 and $102,000 at the start of this year. But beyond these impressive numbers, a structural transformation is taking place.

    The effect of the April 2024 halving, which reduced mining rewards from 6.25 to 3.125 bitcoins, continues to influence the market. This programmed scarcity, combined with growing demand, creates a new price dynamic.

    💼 Institutional Adoption: The Great Shift

    2025 will be remembered as the year when institutions massively adopted Bitcoin. Fidelity Digital Assets’ research team had predicted this tipping point, and their forecast proved remarkably accurate.

    Traditional banks, pension funds, and insurance companies now integrate Bitcoin into their investment strategies. It’s no longer an exotic option but an essential element of diversification.

    🌍 The Nation-State Revolution

    One of the most remarkable developments of 2025 is the adoption of Bitcoin by sovereign states. Several countries have begun including Bitcoin in their national strategic reserves, marking a radical shift in how governments perceive cryptocurrency.

    This trend isn’t limited to small nations: major economic powers are reevaluating their approach to digital currency and Bitcoin in particular.

    🔧 Technological Innovation and AI Integration

    Bitcoin’s technical infrastructure continues to evolve. The integration of artificial intelligence into the crypto ecosystem has opened new possibilities:

    • Enhanced transaction security
    • Optimized consensus protocols
    • Development of more efficient scaling solutions
    • Creation of sophisticated predictive analysis tools

    📊 Outlook and Predictions

    Analysts remain divided on future prices. VanEck projects Bitcoin reaching $180,000, while others are even more optimistic, suggesting a threshold of $250,000. But consensus emerges on one point: Bitcoin is now too important to ignore.

    🌱 Challenges and Emerging Solutions

    Despite these advances, certain challenges persist:

    1. Energy Consumption: The mining industry is rapidly shifting toward renewable energy
    2. Regulation: An increasing number of countries are adopting favorable regulatory frameworks
    3. Volatility: More mature market mechanisms are helping to stabilize prices

    🔮 Looking Ahead

    In 2025, Bitcoin is no longer simply an alternative to the traditional financial system – it has become an integral component. This transformation reflects a new maturity in the crypto ecosystem, where innovation and stability coexist harmoniously.

    Questions no longer revolve around Bitcoin’s survival but rather its role in redefining the global financial system. As we move toward the end of this decade, one thing is clear: Bitcoin has moved beyond experimentation to become a pillar of the modern digital economy.

    .

  • Abstract: All info about the Layer 2

    Abstract: All info about the Layer 2

    Abstract is a Layer 2 solution for the Ethereum blockchain, designed to improve speed, reduce costs, and simplify the user experience for decentralized applications (dApps). This project leverages advanced technologies like Zero-Knowledge Rollups (ZK Rollups) and account abstraction, making blockchain interactions smoother and more accessible. In this article, we will dive deep into what Abstract is and its unique features.

    What is Abstract?

    Abstract is a Layer 2 solution based on ZK Rollup technology for the Ethereum blockchain. Its primary goal is to improve the efficiency of dApps by making transactions faster, cheaper, and easier to use.

    Abstract works by processing and validating transactions off-chain before recording them on the main Ethereum blockchain. This reduces transaction fees while maintaining a high level of security and decentralization.

    One of Abstract’s key strengths lies in its integration of account abstraction. This technology simplifies the use of digital wallets, making the blockchain experience more accessible, even for beginner users.

    Abstract was developed by Igloo Inc., the company behind the famous Pudgy Penguins NFT collection, in collaboration with Cube Labs. This partnership aims to strengthen the Abstract community and attract both users and developers to the platform.

    Key Features of Abstract Blockchain

    Cutting-Edge Technology Architecture

    Abstract utilizes ZK Rollups to batch multiple transactions into a single one, optimizing resources while improving transaction capacity compared to Ethereum. While Ethereum can handle around 15 transactions per second (TPS), Abstract can process thousands of transactions simultaneously.

    The ZK Stack technology, developed by Matter Labs, enables Abstract to create sovereign and interoperable solutions. ZK circuits are also used to cryptographically verify transactions, ensuring both validity and data privacy.

    Integration of System Contracts

    System Contracts play a crucial role in the interaction between Abstract (Layer 2) and Ethereum (Layer 1). These smart contracts enable:

    • Storing compressed data on Ethereum, reducing storage costs.
    • Verifying cryptographic proofs from the ZK Rollups, ensuring compliance with Ethereum’s rules.
    • Facilitating communication between L1 and L2, supporting deposits, withdrawals, and system updates.

    Native Integration of Account Abstraction

    One of Abstract’s major innovations is account abstraction. Unlike Ethereum, where users must manage two types of accounts (externally owned accounts and smart contract accounts), Abstract unifies these functions by allowing all accounts to operate as smart contract wallets.

    This approach offers several benefits:

    • Ease of use: Users can, for example, recover their account in case of a lost private key or set spending limits.
    • Flexible transactions: Users can execute batched transactions or delegate transaction fees to a “paymaster.”
    • Enhanced security: If a private key is lost, recovery mechanisms are integrated to prevent the loss of funds.

    This technology paves the way for broader blockchain adoption by making transactions more accessible and secure.

    Panoramic Governance: An Innovative Governance Model

    Panoramic Governance is a governance system specific to Abstract, designed to align the interests of users, developers, and blockchain operators. It relies on two main mechanisms:

    1. Rewarding active participation: Users who participate in network governance can receive a share of the fees generated by sequencers, based on criteria like transaction frequency and involvement in community discussions.
    2. Supporting protocols: Holders of Abstract’s native token can decide how to allocate issued tokens to active protocols. This encourages successful projects to grow while ensuring an equitable and stimulating token distribution.

    This model, inspired by Curve Finance, supports a dynamic, self-sustaining ecosystem, boosting participation and innovation while regulating token inflation.

    What Will the Abstract Token Be Used For?

    Although Abstract has yet to launch its token, rumors suggest it will play several key roles, including:

    • Governance: Allowing token holders to participate in key decisions regarding the network’s evolution.
    • Security: Strengthening validation and security mechanisms on the blockchain.
    • Fee payment: Covering transaction costs on the platform.

    It is also possible that holders of Pudgy Penguins NFTs or the PENGU token may receive specific benefits due to the connection between Igloo Inc. and Abstract.

    The Team Behind Abstract

    Abstract is led by a team of specialized developers under the direction of Luca Netz, CEO of Igloo Inc. Luca is also known for acquiring and transforming the Pudgy Penguins collection into a prominent Web3 project. Before diving into the blockchain world, Luca collaborated with personalities like Kendrick Lamar and Jake Paul, helping them build profitable brands around their images.

    Conclusion

    Abstract represents an exciting evolution in the Ethereum ecosystem, with innovative technologies and a user-focused approach. We will continue to closely follow updates on this promising project and keep you informed of its developments. Be sure to check our crypto news regularly to stay up-to-date with the latest trends and advancements in the blockchain world.

  • Joining the Moonseeker Community: A Guide

    Joining the Moonseeker Community: A Guide

    The Moonseeker Community offers a unique experience for blockchain and NFT enthusiasts. Here’s how you can become a part of this growing community:

    1. Get Your Moonseekers NFT: Start by acquiring your own Moonseekers NFT by visiting truffle.wtf/project/moonseekers-nft. These NFTs are more than digital art; they serve as a key to unlocking exclusive benefits within the community.
    2. Join Moonseekers Discord: The next step is to join the Moonseekers Discord server. This is where members interact, share information, and engage in community activities.  Discord : https://discord.gg/Csa3rznTc2

    Benefits of Membership:

    • Private Social Network: Access a space where you can interact with like-minded individuals.
    • Earn MOONS: Participate in activities and earn MOONS, a currency exchangeable for crypto.
    • Track Your Points: View detailed statistics on your points and progress within the community.
    • Lotteries and Giveaways: Engage in draws and giveaways for NFTs and crypto.
    • Alpha Calls: Gain exclusive insights and advantages in our ‘Alpha Calls’ section.

    The Moonseeker Community is more than a group; it’s a platform for engagement, growth, and rewards for crypto and NFT enthusiasts.

  • BTC Analysis: Market Perspectives

    BTC Analysis: Market Perspectives

    The Anticipated Rise of Bitcoin

    BTC analysis : Prominent crypto analyst Michael van de Poppe forecasts a significant bullish phase for Bitcoin. His recent analysis suggests a potential rise in BTC value, targeting between $47,000 and $50,000. This outlook is rooted in a favorable market environment, highlighted by the potential approval of a Bitcoin Exchange-Traded Fund (ETF). Leading financial entities like BlackRock, Fidelity, and Ark Investment are pivotal in this development. The SEC’s expected approval in early January could trigger an unprecedented market movement, thrusting Bitcoin to new heights. For more insights, follow Michael van de Poppe on Twitter.

    Key Zones and Bitcoin’s Recovery

    BTC analysis : In a related development, another noted analyst, Ali, highlighted Bitcoin’s recent dip below a critical supply zone, ranging from $41,200 to $42,400. Utilizing data from IntoTheBlock, he emphasized the significance of this zone for BTC holders. However, Bitcoin has shown resilience, climbing back above the $42,400 mark, indicating a potential recovery.

    Long-Term Vision: Bitcoin at $200,000?

    BTC analysis : Dan Tapiero, Managing Partner at 10T Holdings, foresees an even more promising future for Bitcoin and the broader cryptocurrency market. He predicts that BTC could surpass $200,000 by May 2024. This optimistic projection is based on the anticipation of a significant influx of liquidity into the Bitcoin market, especially with the potential SEC approval of spot Bitcoin ETFs.

    Conclusion: A New Era for Bitcoin

    These analyses and forecasts paint an exciting future for Bitcoin. They highlight the growing importance of cryptocurrency in the global financial landscape and its potential implications for investors and the cryptocurrency market. With such significant developments, Bitcoin continues to captivate attention and fuel discussions in the digital finance world.

  • The Best Altcoins to Watch for 2024

    The Best Altcoins to Watch for 2024

    Introduction

    Best altcoins 2024 : the cryptocurrency market continues to evolve at a rapid pace. Investors are constantly looking for the most promising altcoins. This article provides a detailed overview of some of the most notable altcoins to watch in 2024, focusing on their recent performance, technological innovations, and future prospects.

    1. Solana (SOL) : Resilience and Impressive Growth

    Increase in Value: In 2023, Solana saw a significant rise, reaching over $54, despite market turmoil.

    Network Strength: The growth of DApps and increase in active addresses indicate increasing adoption.

    Future Concerns: Questions remain about the sustainability of this increase, particularly in the face of rivals like Polygon in terms of TVL.

    2. Polygon (MATIC) : Innovations and Stability

    Price Development: MATIC showed an upward trend, stabilizing its price around $0.56.

    Major Update: Polygon 2.0 focuses on improving performance with ZK-Rollups.

    2024 Outlook: Growing institutional adoption and strategic partnerships position MATIC as a key altcoin for 2024.

    3. Polkadot (DOT) : Strategic Partnerships and Development

    Key Developments: Record contributions on GitHub and partnerships in various sectors.

    Price Performance: An initial rise followed by stabilization, with a potential to reach $10. Technological innovations and development activity suggest a bright future for DOT.

    4. Chainlink (LINK) : Progress and Integration in Finance

    Token Appreciation: LINK has experienced a significant increase, supported by important partnerships.

    Role in Finance: The integration with SWIFT strengthens Chainlink’s position in the financial sector.

    Growth Potential: These developments signal increased adoption of Chainlink technology.

    5. Kaspa (KAS) : Innovation in Blockchain Technology

    Unique Features: Kaspa uses the GHOSTDAG protocol, providing secure operation with high block rates.

    Innovative Monetary Policy: Geometric reduction of emissions, based on a musical range.

    musical range. ??

    The reference to a “musical scale” in the context of Kaspa’s monetary policy is actually a metaphor used to describe the unique mode of reducing block rewards in their system. Here is a more detailed explanation:

    1. Geometric Emission Reduction: Kaspa reduces block rewards geometrically, meaning that the amount of new coins created gradually decreases exponentially.
    2. Musical Scale as Metaphor: To make this concept more accessible, Kaspa uses the analogy of a musical scale. In music, a chromatic scale is made up of twelve notes, where each note is a semitone higher than the previous one. This progression follows a precise mathematical model.
    3. Application to Block Reward: In the case of Kaspa, this idea is transposed to the reduction of block rewards. The “semitone reduction” is analogous to Kaspa’s block reward reduction. Each “note” (or set period of time) sees a calculated reduction in reward, similar to the frequency ratio between two consecutive semitones in a tempered chromatic scale.

    In summary, Kaspa uses the musical scale analogy to describe its unique block reward reduction model, making the concept more intuitive and relatable, although the actual operation remains deeply rooted in mathematical and algorithmic principles.

    Future of Kaspa: Its ability to support high block rates while ensuring security makes Kaspa a project to follow.

    6. THORChain (RUNE) : Échange Multi-Réseaux et Liquidité

    Key Feature: THORChain enables asset exchanges across multiple networks without intermediaries.

    Utility Token: RUNE is used for protocol governance and security.

    Innovative Technologies: Tools like “one-way state pegs” and the TSS protocol enhance its effectiveness.

    Outlook: THORChain’s unique structure and non-profit-driven policy make it an attractive project.

    Conclusion

    L’année 2024 s’annonce comme une période cruciale pour le marché des altcoins. Les cryptomonnaies comme Solana, Polygon, Polkadot, Chainlink, Kaspa, et THORChain montrent un potentiel significatif grâce à leurs innovations technologiques, leurs partenariats stratégiques, et leur adoption croissante. Cependant, il est essentiel de rester vigilant face à la volatilité du marché et aux facteurs externes pouvant influencer ces actifs numériques.

    💡If you are new to crypto we invite you to visit our beginner section : getting started in crypto

    This article is provided for general information purposes only. It is not intended as financial, investment, tax, legal or other advice. Cryptocurrencies are highly volatile assets and investing in them involves risks. We advise you to do your own research and consult a qualified financial advisor before making any investment decision. Past performance is not indicative of future results. The author and publisher of this article are not responsible for any financial losses or any other type of harm resulting from decisions made based on the information presented here.

  • Powell’s Influence on Monetary Policy and Cryptos

    Powell’s Influence on Monetary Policy and Cryptos

    An Evolving Job Market and a Slowing Economy

    On December 13, 2023, Jerome Powell captured global attention during his press conference. He discussed the current situation and outlook of the United States’ monetary policy. The Fed, committed to controlling high inflation, is considering strategies to maintain the inflation target at 2%.

    The job market, though tense, shows signs of balance. Economic growth is slowing down, reflecting the impact of current monetary policies.

    Critical Decisions for the Economy

    The Fed does not rule out future interest rate increases, depending on economic developments and potential risks. It aims to balance the fight against inflation and the stimulation of economic growth.

    The Specter of Recession and the Fed’s Adaptability

    While recession is not an immediate reality, Powell acknowledges its potential for next year, highlighting global economic uncertainty and the need for flexible monetary policy.

    Towards a Cautious but Determined Future

    Powell’s speech marks a turning point in the management of American monetary policy. The Fed navigates a complex economic context, seeking to reduce inflation while anticipating future challenges.

    The Impact on Cryptocurrencies

    The cryptocurrency markets’ reaction to Powell’s speech was significant. Bitcoin and other cryptocurrencies remained volatile but mostly positive. Bitcoin saw a 3% price increase, exceeding $17,000, with a weekly gain of 6.79%.

    Powell’s announcement of a potential moderate interest rate hike has bolstered investor confidence. This positive outlook on inflation and unemployment has supported the bullish trend of BTC, in parallel with the S&P 500 index.

    The Correlation between Monetary Policy and Bitcoin

    Monetary policy has become a key factor for Bitcoin, bringing it closer to traditional financial markets. The Fed’s decisions on interest rates and unemployment figures significantly influence BTC prices.

    If the Fed funds rates remain between 4% and 5% by the end of the year, BTC could see an optimistic start to the new year. The analysis of Bitcoin’s Market Value to Realized Value (MVRV) offers insights into the market bottom, indicating potential times for buying or selling.

    Resilience and Maturity of the Cryptocurrency Market

    Although the cryptocurrency market reacted negatively after Powell’s speech, the impact was less significant than before, showing resilience and increasing maturity of the market in response to fluctuations in global monetary and economic policies.