
Altcoin Daily Says Bitcoin Could fall to $103k, Godbole Sees First Support at $97K CoinDesk
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Crypto markets plunged again on Thursday as mixed signals from the Federal Reserve and underwhelming results from the long-awaited meeting between President Trump and Chinese President Xi dampened investors' appetite for risky assets.
BTC fell for a fourth straight day, trading as low as $106,800 at the time of writing. Looking at major altcoins, ETH dropped another 6% in the past 24 hours to $3,760, while SOL and XRP lost 7% and 7.5%, respectively, in the same timeframe.
Meanwhile, the total crypto market capitalization dipped 3.5% to $3.7 trillion, with over $1.1 billion of leveraged long positions liquidated over the past day.
Among the Top 100 digital assets by market capitalization, MemeCore (M) is up 13%, making it the only non-stable asset to post gains on the day, according to CoinGecko.
ASTER, Ethena (ENA), and PENGU are today’s biggest losers, dropping by 17%, 15%, and 13%, respectively.
The volatility is likely being driven by mixed signals from the Federal Reserve, as the U.S. central bank cut interest rates by a quarter percentage point on Wednesday, but indicated that further cuts aren’t guaranteed.
“A further reduction in the policy rate at the December meeting is not a foregone conclusion, far from it,” said Fed Chair Powell at the press conference following the Fed’s announcement.
The odds of a December cut have since dropped to 73% as of today, down from 91% a week ago, according to CME FedWatch.
U.S. President Donald Trump finally met with Chinese President Xi Jinping on Thursday in South Korea, following weeks of uncertainty surrounding the ongoing trade war between the world’s two largest economies.
While Trump told reporters on Air Force One that the leaders had agreed on “almost everything” and that tariffs on Chinese goods would be reduced by 10%, investors appeared underwhelmed, with stocks and cryptocurrencies turning sharply lower after the news broke.
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Home > Headlines > Morocco Strengthens Its Position Among Leading Cryptocurrency Markets
Morocco Strengthens Its Position Among Leading Cryptocurrency Markets
Rabat– Morocco is consolidating its place among the world’s most active cryptocurrency markets, according to the 2025 Chainalysis Global Crypto Adoption Index, which highlights the Kingdom’s steady rise in the Middle East and North Africa (MENA) region.
The report ranks Morocco 24th worldwide, ahead of Kenya (25th), Egypt (26th), and South Africa (28th), and just behind major emerging players such as Brazil (5th) and Nigeria (6th). This performance confirms Morocco’s growing involvement in the global crypto economy, despite maintaining a cautious regulatory stance.
Chainalysis notes that Morocco ranks 20th in retail centralized service activity, 23rd in total centralized service value, 25th in decentralized finance (DeFi) activity, and 28th in institutional flows, illustrating a balanced adoption across individual and structured financial use cases, including savings, remittances, and payments.
While the report does not delve deeply into Morocco-specific use cases, the country’s inclusion in global charts and indices signals that its crypto activity is increasingly tracked and measured within regional and international trends.
Across the MENA region, cryptocurrency transactions grew by 33% between July 2024 and June 2025, peaking at $60 billion in December 2024. Morocco features alongside regional hubs such as Turkiye, the UAE, Egypt, Saudi Arabia, Israel, and Jordan, each driven by different motivations — from speculative trading in Turkiye to regulatory innovation in the UAE.
Unlike these markets, Morocco’s trajectory appears more gradual and sustainable, as authorities — notably Bank Al-Maghrib and the Moroccan Capital Market Authority (AMMC) — continue working on a regulatory framework for digital assets, still officially prohibited in the country.
Globally, the 2025 ranking is led by India, the United States, Pakistan, Vietnam, and Brazil, while Nigeria, Indonesia, Ukraine, the Philippines, and Russia round out the top ten. The MENA region’s inclusion asserts its rising influence in global crypto flows, with Morocco playing an increasingly visible role.
According to Chainalysis, this year’s findings reflect diverse motivations for adoption, from financial inclusion and inflation protection to technological innovation. Morocco, positioned as a serious and steadily advancing actor, could see its role expand as the country moves toward clear regulations.
Despite the current restrictions, Morocco’s strong showing in the report demonstrates its citizens’ growing engagement with digital finance. As cryptocurrencies continue to reshape global markets, the North African country appears well-placed to leverage this transformation as part of its broader digital economy ambitions.
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RESIDENTS GATHER and listen to their Officer Daniel Chavez.
Thirty residents of Ridgewood Wilton Neighborhood Association met with their Senior Lead Officer (SLO) Daniel Chavez of Olympic Division at a resident’s home on Oct. 21 to discuss local break-ins, home safety, and prostitution.
The first comment was about prostitution. “It’s out of control,” said Sheila Hoyer of Wilton Drive. Chavez was glad she brought it up. Two of his four days on patrol are dedicated to the issue. His division has Vice Units that come out four times a month. The L.A. City District Attorney is targeting Johns, the men who engage the sex workers, as a means to mitigate the activity. He told the group that Council District 13 (CD13) just signed a contract with Journey Out, a nonprofit that helps victims of sex trafficking. He’s hopeful this will have an impact on the situation that has plagued Western Avenue for 20 years.
One resident suggested another way to combat prostitution in the area would be to send traffic enforcement in the middle of the night since the area is a preferential parking district. Chavez said he will follow-up with parking enforcement to patrol the area.
He also offered to walk through properties to find weak areas at resident’s homes. He suggested saying hello to anyone seen walking around the neighborhood so potential criminals know that they’ve been seen.
Lastly, the Los Angeles Police Department (LAPD) has facial recognition software. If anyone has video of suspicious people, email it to him so there’s a record.
He explained that senior lead officers are liaisons between the community and the LAPD, council districts, city agencies, and private companies. He encouraged all attendees to reach out to him, via text or email, about issues involving the community. He wants to know what’s going on so he can help. “Utilize me as a resource,” he said.
Kate Corsmeier, a resident for more than 20 years, said, “Olympic Division have been guardians of this area, I commend you and your work. You don’t feel like an outside force, you care.” Chavez responded, “Olympic officers do care. This is my home.”
Tags: L.A. City District Attorney, Los Angeles Police Department, Olympic Division, Ridgewood-Wilton Neighborhood Association, Senior Lead Officer Daniel Chavez
Category: Real Estate
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