⚡️ Traders look forward to ETFs for SOL and XRP, but they don't believe in DOGE
👀 In 2025, users of the decentralized platform Polymarket have high hopes for the appearance of spot ETFs based on popular cryptocurrencies.
🟡 According to their forecasts, the probability of launching an exchange-traded fund on Solana is 76%, and the probability of launching an exchange-traded fund on XRP is 71%. However, the Dogecoin ETF will apparently remain away from investors' sight, as they estimate the probability at 29%.
🇺🇸 The optimism of Polymarket users can be explained by recent changes in the US political environment.
🧪 These changes may create more favorable conditions for the development of the cryptocurrency market and attract new investments. $XRP $SOL $DOGE
🔼The trend of decentralized exchanges continues to strengthen.
⚡According to data from the DefiLlama platform, decentralized exchange trading volume reached a record in December. That month, the trading volume of decentralized exchanges amounted to 462.7 billion USD.
📈 As centralization continues to increase and regulatory legislation strengthens, decentralized exchanges will gain momentum and become increasingly popular.
⚡After 11 years of silence, an old Bitcoin address has revived with 357 BTC ($34,000,000) in the account.
🤑 Such wallets have been increasing recently, which is generally logical and expected. The market is able to absorb their selling without panic, which is an ideal time to repair multi-year positions. $BTC
⚡️Citi analysts believe that 2025 will bring many positive changes for cryptocurrencies
🏆 Citi analysts predict that by 2025, cryptocurrencies will hold a stronger position in the global financial market. This will be driven by the positive development of cryptocurrency ETFs and stablecoins.
🔼In November, investors showed unprecedented activity in exchanges, with stablecoin capitalization exceeding $200 billion.
🟡Bitcoin (BTC) in ETF funds has already raised $100 million, and this trend will not stop. The more assets that flow into the funds, the higher the price of Bitcoin will be.
🪙USDT, USDC, and Dai also increased by $25 billion, indicating growing confidence in these stable cryptocurrencies. Activity on Ethereum indicates that DeFi continues to gain momentum.
🔼In 2024, the NEAR blockchain led the way, attracting 2.7 million active addresses per day. This impressive result puts it in first place among all blockchains. Solana is a close second with 2.6 million addresses, while Tron is third with 1.9 million active users.
🟡 Other blockchains with high activity include BNB Chain (1 million addresses), Polygon (855,000), Base (655,000), Sui (519,000), TON (414,000), and Arbitrum (413,000).
🔹Despite its recent ups and downs, Ethereum still leads in terms of funding. In 2024, it raised $552 million through token sales, leaving Solana and BNB Chain behind. Among the second-tier networks, Base stood out with $90 million.
🪙Bitcoin will reach $1 million if the US builds BTC reserves - Bitwise CIO.
📊 Bitwise CIO Jeff Park said that the probability of the US building a strategic Bitcoin reserve in the short term is less than 10%, but in this case, the price of the asset will break through the $1 million level.
🧪 If this happens when the Bitcoin price is $90,000, it will rise by 277% to $250,000. At $70,000, the impact of the event will be more widespread, and the value of the asset will eventually break through $1 million, according to Park's forecast.
🌡A cryptocurrency trader made more than $1.1 million by successfully shorting Ethereum. He used 50x leverage to bet on a fall in the price of the asset.
🔽The position was opened on December 24, 2024. Within two days, the Ethereum exchange rate fell from $3,428 to $3,359.
💰In addition to the direct benefits of the fall in the price of Ethereum, the user also received $680,000 in financing fees for his own position. Its liquidation price exceeded $4,843. $ETH
🔼Interest in LTC significantly increased in December
⚡️Litecoin has once again become the focus of the futures market, showing unprecedented interest since March 2024. Last week, open interest reached nearly $500 million, indicating a significant increase in trader activity.
👀 The token has surged to over $100, with many analysts predicting it could rise to $150 by December. Litecoin is now trying to overcome the key resistance level of $110.