The Supply Crunch**: With more Bitcoin being locked up in long-term holds, the supply shortage will push $BTC to new highs. $150k by summer, and $250k by the end of the year.😁
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Ethena plans major expansion with Telegram payments and institution-focused iUSDe token in bid to become a ‘neobank’ Synthetic stablecoin protocol Ethena ENA +18.49% is looking to become a “neobank” — a traditional financial institution operating entirely online — according to an announcement on Friday. The protocol, launched in early 2024, manages the third-largest U.S. dollar-pegged stablecoin, USDe. With a market capitalization of over $6 billion, it is one of the fastest-growing blockchain projects ever. According to a blog post, Ethena accounted for approximately 85% of onchain USD asset growth in 2024, excluding rival stablecoins USDT and USDC. Additionally, in December, the protocol hit an annualized run-rate (ARR) of over $1.2 billion, making it the second-fastest crypto startup to reach $100 million in revenue after Solana-based Pump.fun.
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Popular Trader Confirms $1 Trillion XRP Market Cap Prediction XRP has definitely emerged as a winner in the crypto market over the past few weeks. With the price of the token skyrocketing over 500% since November, many XRP enthusiasts and market participants in general have begun to speculate on where it's going and if the sky's the limit. Amid this, the latest XRP price prediction from popular trader "CrediBULL Crypto" with nearly 450,000 followers on X gained significant attention. In their outlook, Credibull outlines that for non-traders, you just need to zoom out a bit so you don't forget the big picture regarding XRP. And the bigger picture shows that the structure on the token's price chart "looks so clean and bullish, it's actually insane." Forget about what is happening on these lower time frames, the trader says, describing it as nothing but noise. The big picture is incredibly and unequivocally bullish, says the popular crypto influencer.
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