#BitwiseBitcoinETF While Bitcoin ETFs offer a more regulated and easier access route for the traditional investor, it is important to consider the inherent risks of cryptocurrency. Abrupt movements in the price of Bitcoin, driven by external factors such as government regulations or changes in market perception, can significantly impact the performance of ETFs. In conclusion, Bitcoin ETFs present an interesting investment opportunity, but they must be carefully analyzed using technical tools and considering the inherent risks of cryptocurrency
Decentralized finance (DeFi) took some hits in the previous cycle, but a more sustainable and resilient ecosystem has emerged. Lending protocols are hitting all-time highs in total value locked (TVL), while decentralized exchanges (DEXs) are pushing their share of trading volumes – relative to centralized exchanges (CEXs) – to unprecedented levels. Innovative user applications like decentralized physical infrastructure (DePIN) and prediction markets are leveraging DeFi primitives to enable novel experiences. Moreover, the shift in the US regulatory landscape and the adoption of onchain verification could help provide a clear path for traditional institutional investors to participate in DeFi. All of this suggests that DeFi could extend its reach in the near future
As 2024 approaches its end, crypto enthusiasts are waiting for the “Santa Claus Rally”. Will the kind of crypto close the year with a boom or will we see a silent closing? Bitcoin is hovering around $96,316 with a slight dim of 0.35% from December opening. A few minutes ago it was over 2%, however as we approach christmas eve, it looks like Santa is preparing the gift.
Current Momentum: A Mixed Bag December started with Bitcoin flirting with record highs, but it’s now down $15,000 from last week’s peak. Still, BTC has climbed by 2.28% in the past two hours, showing that short-term traders are staying active.
#ReboundRally Solana ($SOL ) cryptocurrency is showing early signs of a potential rebound, backed by the current technical setup. A Sequential buy signal has appeared on the token’s daily chart. It follows a period of persistent selling pressure, hinting that the ongoing downtrend could soon reverse and pave the way for a potential recovery in Solana’s price
In finance and economics, a rebound refers to a recovery from a prior period of negative activity or losses—such as a company posting strong results after a year of losses or introducing a successful product line after struggling with false starts
Rebounds are a natural occurrence as part of the business cycle, the cyclical phases of expansion and contraction that naturally occur in the economy. Economic recessions and market declines, indeed, are an inevitable part of the business cycle. Economic recessions occur periodically when business grows too quickly relative to the growth of the economy.
Price Prediction: Short Term (December 23-31):$90,000 - $110,000 Medium Term (December 31 to January 7 $110,000 - $130,000 Long Term (2025): $130,000 - $180,000 Factors: Institutional Demand: Investments from funds and companies. Regulation: Clarity on cryptocurrency laws in the United States and EU. Adoption: Increasing usage in e-commerce and financial services. Volatility: Decreased liquidity during the holiday season.
Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.
The beginning of the interest-rate cutting cycle by the US Federal Reserve (Fed) in September, followed by the victory of crypto-friendly candidate Donald Trump in the US presidential election in November, added further momentum. Technical analysis and expert insights within the crypto space support a bullish outlook for BTC, with price targets exceeding $200K by 2025