🩸BTC fell to $91k at the moment, ETH < 2.5k, alt dropped even more due to BTC.D growing 62%
$888 million liquidations per day, of which $814 million are longs. The fear and greed index fell to the extreme fear zone - 25. Not bad conditions for at least a rebound, or even expansionary growth, for which we all come to this market.
More blood and tears. An exhausting and debilitating sideways movement with constant attempts at growth and subsequent rolling away has seriously worn out many cryptocurrencies. Many are irritated, angry, and some are indifferent and moody from the market that continues to blow their minds. There is less and less hope and faith in growth. It seems that many would rather be surprised by growth, if there is any, than perceive it as a reward for long patience and drawdowns.
However, I would like to remind you again that crypto is a high-risk market that cannot always be explained.
I want to believe that after every storm the sun comes out and it will come out on the crypto market one day. Profit and right decisions to everyone 🤝
It can be consistently stated that there is a tombstone on the entire trend. Many of you (90%) have participated in various projects (HMSTR, DOGS, CATI, MEMEFI, and many others) in one way or another.
The ideological concept was great - developers received free (or very cheap) traffic, high engagement, good returns on ads, while users received drops for their 'work' + if the game is interesting, they also got pleasure from the process.
📈 The trader turned $66 into $3.05 million in just 18 days, increasing their profit by 45,906 times!
They invested 0.017 ETH ($66) to acquire 10.17 million KEKIUS tokens, and then sold 2.81 million KEKIUS for 60.3 ETH ($201,000), keeping 7.37 million KEKIUS worth $2.85 million.
In total, the profit amounted to $3.05 million. $ETH $BTC #KEKIUS #altcoins
#ZK Ksync is a Layer 2 solution for scaling the Ethereum network, using zk-rollups (zero-knowledge rollups) technology. The goal of the project is to address key issues of Ethereum, such as high transaction costs and low throughput, while maintaining the security and decentralization of the network.
ZK-Rollups: The technology combines multiple transactions into a single cryptographic proof, which is published on the Ethereum blockchain. This significantly reduces costs and increases the network's throughput.
Technically The chart formed a local descending wedge at the upper boundary of a global bullish flag; theoretically, all conditions are present for a breakout and the execution of these two patterns.
— CoinShares: BTC is expected to fluctuate between $80,000 and $150,000.
— Matrixport: BTC is projected to rise to $160,000.
— Galaxy Digital: BTC is anticipated to reach $185,000 by the fourth quarter of 2025.
— Standard Chartered: We expect BTC's value to double as pension funds begin to invest in spot crypto ETFs, and MicroStrategy continues to increase its Bitcoin purchases.
— Bit Mining: BTC could rise to $180,000-$190,000, but a correction to $80,000 is also possible.
— Maple Finance: By the end of the year, BTC is expected to trade in the range of $180,000 to $200,000.
— Nexo: BTC could reach $250,000 during 2025, and the total market capitalization of cryptocurrency could surpass gold in the next decade. #BTC☀ $BTC
🧸 Bearish sentiments may lead to a decrease in the price of Bitcoin to $90,000 amid reduced interest in long positions before the New Year, according to data from CryptoQuant. #BTC☀ $BTC
$ARKM Arkham is an advanced on-chain explorer originally conceived as a data trading exchange. However, the project has transformed over time into an application that is rarely used for its intended purpose. The team, realizing the difficulties of development in this direction, decided to switch to more trending topics. After the hype around AI, they launched their chatbot, which, to put it mildly, did not meet expectations. As an Arkham user, I can say that this bot only complicated the search for information instead of simplifying it.
#USUAL - decentralized issuer of stablecoins with passive income, in terms of idea, is very similar to Ethena, but has a completely different implementation method. In both protocols, stablecoin holders receive yields.
Usual has a line of projects: Stablecoin USD0 for stability, USD0++ for earning, and USUAL for governance with revenue sharing.
For numbers so far: API USD0++ - 67%, and TVL 278.64 million$
Technically As part of the experiment, I decided to increase my position in USUAL, the latest reports indicate that the demand for such stablecoins is growing. The chart has swung to the buyer's block, I assume this is the final false breakout before the chart reversal.
⚡️Financial Times made a forecast for 2025 In the 2024 forecast, the publication made only 3 mistakes out of 22 points. What will happen in 2025: ▪️Will a peace treaty be signed between Ukraine and Russia? Yes. It will require threatening harsher sanctions and increasing American support for Kyiv. Zelensky will agree to de facto but not legal control by Russia over occupied territories in exchange for security guarantees. Ukraine's NATO membership will NOT be taken off the agenda.
The Grayscale Fund presented its traditional list of promising projects. Newcomers had to meet one of the themes:
▫️ US elections and their potential consequences for industry regulation, especially the DeFi segment and staking; ▫️ breakthroughs in AI; ▫️ growth in the Solana ecosystem.
Based on the above criteria, the list was supplemented with Hyperliquid, Ethena, Virtual Protocol, Jupiter, Jito, and Grass.
20 tokens with growth potential in Q1 2025 from Grayscale
For potential success, the following token parameters were also considered: ▪️ US presidential elections; development of the DeFi sector; ▪️ growth in the popularity of staking; ▪️ AI-related projects; ▪️ development of the Solana ecosystem.
Based on these criteria, the list was supplemented with HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS.