Rabu, 18 Desember 2024

Crypto.com drops SEC lawsuit; 🤑Bitcoin's $108K all-time high


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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

🤝 Trump meets with Crypto.com CEO

🕐 Bitcoin $108K all-time high lasts just seconds

🎧 ETH Whales Control 57% — Bullish Power Play or Bearish Red Flag?

📰 Keep reading to find out more about all of today's top stories

Trump meets with Crypto.com CEO as firm drops SEC lawsuit

United States President-elect Donald Trump has met with Crypto.com CEO Kris Marszalek at his home in Mar-a-Lago to discuss policies potentially affecting the cryptocurrency industry.

According to a Dec. 16 X post, Marszalek traveled to Florida to meet with Trump. The pair reportedly discussed the president-elect's proposal to launch a national Bitcoin reserve and appointments in his administration related to the crypto industry.

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Solana repeat bull flag hints at 'absolute monster run' to $300 SOL

Solana fights bearish headwinds, but a historical chart pattern points to a possible rally to $300 in the near future.

Despite reaching a new all-time high at $264 on Nov. 23, Solana has yet to enter a price discovery period. The altcoin has been in a clear downtrend over the past 25 days, forming a series of lower highs (LHs) and lower lows (LLs) in the four-hour time frame.

Bitcoin $108K all-time high lasts seconds as BTC price dives 2.4%

Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD reached its highest-ever levels before diving over $2,000 in minutes.

The retracement sent the pair back to near the daily open, where it circled $106,000.

Eyeing likely support levels, onchain data platform Whalemap revealed key areas of accumulation by large-volume holders.

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