Crypto Market Braces for $18B Options Expiry: Will Prices Soar or Plummet?

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Crypto.com

The cryptocurrency market is bracing for significant volatility as a record-breaking $18 billion in Bitcoin and Ethereum options are set to expire. According to FXStreet, this event has sparked anticipation of sharp market moves that could affect the prices of these major cryptocurrencies. Despite on-chain metrics indicating potential price recovery, Bitcoin (BTC) missed out on the expected Santa rally and currently hovers around $47,000. Meanwhile, Crypto.com announced its expansion into North America with the launch of a US-based trust company aimed at providing digital asset custody services.

XRP News Today: SEC Appeal Deadline Sparks Investor Anxiety; BTC Drops to $43k

Investor anxiety mounts as XRP faces a crucial deadline regarding an appeal by the Securities and Exchange Commission (SEC). As reported by FX Empire, this legal battle could significantly impact Ripple's regulatory outlook and investor sentiment if programmatic sales fall under securities regulation. Concurrently, Bitcoin experienced a decline to $43K amid ETF outflows and strategic reserve doubts weighing heavily on market sentiment.

XRP Price Set To Repeat 10,000% Rally From 2021

The Cryptonomist highlights WalletIQ's projected 75% rally which overshadows even XRP's impressive past performance. While XRP remains poised for another substantial increase due to growing adoption in cross-border payments, it is WalletIQ’s innovative decentralized wallet features that have captured investors' attention during its presale phase.

Crypto’s Comeback: Triumph over Turmoil in 2024

Cointelegraph reports that despite facing numerous challenges such as regulatory crackdowns and poor decisions throughout 2024, the crypto industry demonstrated resilience culminating in Bitcoin surpassing $100K. This bullish trend restored confidence across markets while highlighting key obstacles overcome along the way including Germany’s costly decision involving untimely BTC sales.

No Santa Rally for Bitcoin: What about a 'January effect?'

As detailed by crypto.news, hopes now turn towards January after December failed expectations surrounding traditional year-end rallies known colloquially within financial circles as “Santa Claus” effects did not materialize, fully impacting volumes negatively amidst ongoing holiday season trading lulls alongside Federal Reserve policy shifts affecting broader economic conditions globally too, potentially influencing future trends positively.

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