Coinedition
Bitcoin has made a new all-time high at $81,858.29. SOL is just 19% off from its ATH of $260, trading at $208. Solana’s on-chain trading ecosystem is the 3rd most profitable category in crypto.
DOGE and SHIB soared 28% and 18.4% respectively in the past 24 hours. Total meme coin market cap surged to $98 billion. POPCAT and MEW also skyrocketed 10.2% and 16.8%.
SUI has surged a substantial 70% in the past seven days. The TVL of Sui Network has risen to $1.383 billion as well. SUI RSI reads a value of 78, confirming that the altcoin is overbought.
Hong Kong’s Ensemble project is accelerating the growth of real-world asset (RWA) tokenization. OSL has partnered with global firms like Franklin Templeton to offer compliant tokenized assets. Analysts predict the RWA tokenization market could reach $10 trillion, enhancing Hong Kong’s role as a financial hub.
Cardano founder Charles Hoskinson apologized to the XRP community. Cardano is considering partnership with the XRP ecosystem. The two blockchain ecosystems might work together on the RLUSD stablecoin.
Elon Musk and Cathie Wood back deregulation and tech innovation as drivers of U.S. economic growth. Wood proposes loosening regulations on sectors like crypto and technology to foster innovation. The crypto industry hopes for favorable policies under the incoming Trump administration.
Shiba Inu faces critical resistance at $0.0000028, a key hurdle for bulls. A drop below $0.0000022 could signal a bearish trend with further downside. RSI indicates Shiba Inu may be overbought, suggesting a potential price correction.
Japan’s mixed economic data signals cautious optimism amid uncertain growth. Indonesia’s consumer confidence drops, reflecting potential inflation concerns. South Korea’s rising bond yields may signal tighter monetary policies ahead.
