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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027
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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027

Bitcoin Price Prediction: BTC Hits New ATH $106K, Solana Gains Top Spot In Daily Inflow Of $12M, Meanwhile Yeti Ouro Shows Over 40% ROI To Early Investors

Bitcoinist
by Bitcoinist
Last Updated: December 18, 2024 11:14 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin, Solana, and rising token Yeti Ouro (YETIO) are dominating the cryptocurrency market amid strong bullish momentum. Bitcoin reached a record-breaking $106,533, while Solana secured the highest daily net inflow of $12 million. Simultaneously, Yeti Ouro, a new DeFi token integrated into the gaming ecosystem, has delivered over 40% ROI to early investors and is now in stage two of its presale.

Bitcoin Price Surges Past $106K On Strategic Reserve Speculation

Bitcoin has reached a new all-time high of $106,533 following speculation of a U.S. Bitcoin strategic reserve. President-elect Donald Trump hinted at plans to create a cryptocurrency reserve similar to the country’s strategic oil reserve, fueling investor optimism.

Based on the latest data, the BTC price was changing hands at $104,493, 3.1% higher, with experts expecting the rally to continue. Tony Sycamore, an IG analyst, noted, “The next level that the market will be eyeing is $110,000.” A short liquidation cascade also assisted the Bitcoin price to climb higher, due to the availability of large amounts of liquidity at the $105,000 level and above.

Source: X

Around the world, countries are starting to take an interest in the concept of Bitcoin reserves. At present, the United States has 200,000 Bitcoins; China and El Salvador are also buying more of the cryptocurrencies.

Solana Price Prediction: Ranks First In Daily Net Inflows

Solana has been able to get $12 million in net inflows per day, which is the highest of all the other blockchains in the crypto space. Bullish technical indicators and increased investor interest and adoption remain key factors supporting the upward movement of Solana’s price.

The recent confirmation of a “Cup and Handle” pattern suggests the price may break out. SOL price has bounced off the neckline of this pattern and is in the process of targeting $400 soon.

Source: X

The Solana blockchain has risen to the occasion and provided a home to these inflows, making it one of the most productive blockchains in the market.

Yeti Ouro Moves To Stage Two Of Presale, Delivering 40% ROI

Yeti Ouro, a relatively new token in the crypto market, is creating buzz as it enters the second phase of its presale. The project attracted more than $1.2 million in the first stage, which closed early, giving the initial investors returns of over 40%.

For stage two, the tokens can be purchased for $0.017. Yeti Ouro also features capped tokenomics alongside staking rewards and token burning; this will drive up demand. To this end, there are a total of 1 billion tokens in circulation, which serves to increase the token’s scarcity and thus its future value.

The token’s inclusion in Yeti Go, a P2E racing game developed using Unreal Engine 5, has been a key factor. The game has features like sound effects, dynamic gameplay, and the use of Yeti Orou tokens as rewards within the game. Created by the same team that has prior experience in working on games such as Call of Duty and Spider-Man, the game is expected to provide more utility to the token.

Analysts project that Yeti Ouro could reach $2.50 to $3.00 by 2025 as its gaming ecosystem and community continue to expand.

Join the Yeti Ouro Community
Website: https://yetiouro.io/

Telegram: https://t.me/yetiouroofficial

Discord: https://discord.gg/YtUsEZ2ZrV

X (Formally Twitter): https://x.com/yetiouro

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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