The market remained sideways this week, with moderate trading volume. New tokens and DeFi sectors continued to perform strongly, and Bitcoin remained below the $100,000 mark. It's Friday night again, so please pay close attention to option delivery.
Macro dynamics
ETH ETF weekly inflow: + $302 million
BTC ETF weekly outflow: - $89 million
France steps up crackdown on cryptocurrency scams
Do Kwon's extradition appeal rejected by Montenegrin court
Thailand actively promotes Bitcoin adoption, Japan cautious
The proportion of Bitcoin profitable addresses dropped to 88%
The top ten NFT series outperformed the token market this week
SpaceX uses stablecoins to hedge foreign exchange risks
2024 is coming to an end, and the crypto market has experienced a year of ups and downs. Although Bitcoin prices have risen by more than 130% this year, the development of the Bitcoin ecosystem (including infrastructure, Layer-1 token protocols, L2 expansion plans, and staking projects) has failed to meet market expectations at the beginning of the year.
Despite the ups and downs of the Bitcoin ecosystem from early excitement to project elimination, it still maintains a group of dedicated builders and an active community. As 2025 approaches, key developments including OP_CAT, Babylon token issuance, and infrastructure improvements may unlock greater potential for the network. The success or failure of these new generation protocols will determine the direction of the ecosystem in the coming year.
I have published a bold prediction about the future of the crypto market in 2025, which should effectively solve some problems about mainstream trends and copycat projects. You can also talk about the difficult problems you are currently facing. If I happen to be following up on the research, I can also help you analyze it.
