Bitcoin price stabilizes as US market crash expected
BTC/USD has been trading steadily above $90,000 for the past two weeks. It missed the most important mark of $100,000 on Nov. 22 by less than $5. The bullish trend continues even though it is trading within a range. In fact, greed continues to define the crypto market space, according to CoinMarketCap. This week’s index is at an extreme greedy level of 80 compared to last month’s neutral 55.
Despite the bullish trend, investors appear to be a bit more cautious. Bitcoin prices have fallen more than 2% since the beginning of the weekend.
As highlighted by sosovalue, as of December 2, the BTC ETF had $353 million in daily net inflows. Of this, BlackRock contributed $338 million, while Grayscale and VanEck recorded outflows of $28 million and $10 million, respectively.
Alarm was further heightened after the US government moved to move $1.92 billion worth of Bitcoin to a new address. Although the intentions are unknown, there is speculation about a possible sale. Recently, countries such as Bhutan and Germany have sold off their BTC holdings significantly.
iDEGEN: Viral AI experiment earns over 100,000% profit before launch
In recent years, cat and dog-themed meme coins have redefined the crypto space. Although these still represent a significant portion of the market, there are new entrants that are being widely advertised. AI meme coin.
At the center of this topic is the Idegenan advanced AI agent born in X and formed by the cryptocurrency community. The hype was so intense that the auction had already raised over $1 million, giving early adopters over 100800% profit. Interestingly, this is still experimental.
In contrast to the usual pre-sales, iDEGEN has chosen a different path. Dynamic auction. First, the total number of IDGN tokens is 11,111,111,111, and the auction will be split into 5-minute intervals. This means that for every consecutive purchase within 5 minutes, the price increases by 5%. If there are no bids within two 5-minute periods, the price will drop by 5%.
At the end of the auction, IDGN’s launch price will be 10% higher than the final auction price. At that point, all unsold tokens will be destroyed.
In addition to this price-based excitement, its free nature further contributed to iDEGEN’s popularity. Unlike centralized companies like OpenAI, iDEGEN has no guardrails. In fact, the only rule applicable to this AI agent is that it must post to Crypto Twitter(CT) every 60 minutes. Between one post and the next, the information utilized by the cryptocurrency is internalized.
This is exactly what smart investors expect. Secure some IDGN tokens before their value skyrockets. Various groups within the CT space seek to control this AI agent. This push and pull is sure to make it even more viral as investors are the ultimate beneficiaries.
Additionally, this program has no constraints, so it has the potential to evolve in many different ways. This includes trading existing assets or creating your own. This endless potential will keep the market’s attention on iDEGEN for a long time. You can purchase Click here for iDEGEN token.
HBAR soars to 35-month high as FOMO rises
Hedera Hashgraph (HBAR) has been trading in the green for five consecutive weeks, reaching levels last recorded in January 2022 on December 3rd. Over the past five weeks, the cryptocurrency has risen more than 700%.
At the time of writing, the market capitalization was $12.49 billion, up 17%. Additionally, trading volume increased by 61% in the past 24 hours to $7.55 billion.
The hype around this token has led to more traders fearing missing out on lucrative opportunities. As a result, more investors are accumulating HBAR tokens. in fact,
