Although the US Fed reduced the key interest rates by 25 basis points as expected, Jerome Powell made a couple of remarks that impacted the entire crypto market in a highly negative manner. The central bank’s Chair warned that the rate cuts for 2025 could be fewer after the three consecutive ones at the end of 2024 and warned that the US is “not allowed to own bitcoin,” despite Donald Trump’s promise to explore how the country could put BTC on its balance sheet. Riskier assets like cryptocurrencies reacted with immediate and violent price declines. Bitcoin, for one, dumped from over $105,000 to under $99,000 for the first time since December 11. The losses extend to nearly ten grand when compared to the Tuesday afternoon peak of over $108,000. The altcoins, though, were impacted even more severely. Many plummeted by double digits from their respective tops to bottoms, including XRP , DOGE, AVAX, PEPE, LTC, and LINK. Interestingly, Santiment weighed in on the correction and outlined the last four as the potential beneficiaries if the Fed-induced crash was a market overreaction. “If this was indeed an overreaction, there is a reasonable chance that the projects with the biggest drops will be the ones worth taking the biggest dip buy chances on,” – reads the tweet. After the FOMC interest rate cuts, both crypto and equities traders were left feeling a bit concerned. Not because of the current cuts, but due to Jerome Powell’s projection for 2025 to have half the amount of rate cuts as expected. Altcoins, in particular, have gotten… pic.twitter.com/LVR2oIvCRu — Santiment (@santimentfeed) December 19, 2024 The post These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment appeared first on CryptoPotato .
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Matt Hougan Predicts Ethereum Will Surpass Solana by 2025
Matt Hougan predicts Ethereum will exceed Solana by 2025. Layer-2 technology enhances Ethereum`s scalability and usability. Continue Reading: Matt Hougan Predicts Ethereum Will Surpass Solana by 2025 The post Matt Hougan Predicts Ethereum Will Surpass Solana by 2025 appeared first on COINTURK NEWS . Crypto Potato
As Christmas approaches AEON MINING hosts your Crypto to earn over the Christmas holidays!
When the Christmas holiday is about to begin, use AEON MINING to manage our cryptocurrency investments to earn profits, allowing us to spend a warm Christmas holiday with our families and earn profits after the holiday is over As times have changed, so have people’s attitudes towards energy. They rely on renewable energy sources such as solar and wind to power their new energy cloud mining operations, which greatly reduces the cost of mining and integrates power from surplus energy into the grid. It not only saves a lot of energy consumption, but also generates high profits and opens investors’ eyes to new energy opportunities. In the fast-paced world of cryptocurrency, simplicity and profitability are key. For beginners looking for an attractive option to generate a steady income with minimal effort, cloud mining offers an attractive option. In this article, we’ll explore the concept of cloud mining, featuring AEON MINING as a leading brand in cloud mining, and ways to help you get started earning $5,850 or more per day. The appeal of new energy cloud mining Cloud mining has long been a favourite among cryptocurrency enthusiasts due to its ease of use and accessibility. Unlike traditional mining, it doesn’t require expensive hardware, technical expertise or constant monitoring. Cloud mining simplifies the process and allows anyone (regardless of experience) to participate in the cryptocurrency revolution. Instead of investing in expensive mining equipment and managing complex setups, users can rent mining arithmetic from remote data centres and receive a share of the profits generated. AEON MINING: where laziness and profit collide AEON MNING takes the simplicity of cloud mining to the highest level, making it perfect for novices. The platform’s user-friendly interface ensures easy navigation even for cryptocurrency newbies. For AEON MINING, laziness is not a disadvantage; it is the path to success. As a pioneer in providing cloud mining services, AEON MINING has 20 mining farms around the world with more than 500,000 mining devices, all powered by new and renewable cycles of energy, and has earned the recognition and support of more than 6.3 million users thanks to its stable income and security. Unimaginable earning opportunities What sets AEON MINING apart is its extraordinary daily passive income, which offers the opportunity to earn $5,850 or more per day, enabling users to realise their dream of becoming rich online. Imagine earning a substantial income without constant effort or complicated setups – that’s what AEON MINING offers. Security and Sustainability In the world of mining, trust and security are crucial, AEON MINING understands this and puts the safety of its users first, AEON MINING is committed to transparency and legitimacy, ensuring that your investment is protected and allowing you to focus on making a profit. All mines use clean energy power, making cloud mining join the ranks of the carbon neutral. Renewable energy protects the environment from pollution and delivers superb returns, allowing every investor to enjoy the opportunity and the benefits. Platform Advantage: ⦁Get $10 instant bonus when you sign up. ⦁High profitability levels and daily payouts. ⦁ No other service or management fees. ⦁The platform uses more than 7 cryptocurrencies such as DOGE , BTC, ETH, SOL , USDC, USDT, BCH. for settlements ⦁The company’s affiliate programme allows you to refer your friends and get up to $3,000 referral bonus. ⦁McAfee® security. Cloudflare® security. 100% uptime guarantee and excellent 24/7 human technical online support. Step 1: Sign up for an account In this example, we have chosen AEON MINING as our cloud mining provider. Go to the provider of your choice and register to create a new account.AEON MINING offers a simple registration process, all that is required to participate is to enter your email address and create an account. After signing up, users can start mining Bitcoin and other cryptocurrencies immediately. Step 2: Purchase a Mining Contract Currently, AEON MINING also offers a variety of mining contract options, such as $100, $500 and $1,000 contracts. Each contract has a unique ROI and a specific contract term. You can earn more passive income by participating in the following contracts: Earnings are available the next day after purchasing a contract, and when earnings reach $100, you can choose to withdraw to your crypto wallet or continue purchasing other contracts. Affiliate Programme Now, AEON MINING has also launched an affiliate programme, which is a platform where you can earn money by recommending the site to others. You can start earning money even if you don’t invest. After inviting a certain number of active referrals, you will receive a one-time fixed bonus of up to $3,000. With unlimited referrals, your earning potential is also unlimited! In short If you’re looking for ways to increase your passive income, Cloud Mining is a great way to do it. If used properly, these opportunities can help you increase your cryptocurrency wealth on ‘autopilot’ mode with minimal time investment. At the very least, they should take less time than any type of active trading. Passive income is the goal of every investor and trader, and with AEON MINING, it’s easier than ever to maximise your passive income potential. If you would like to learn more about AEON MINING, please visit their official website: https://aeonmining.com/ Crypto Potato