Bitcoin ETFs has been centre of attention whole year since they were accepted by sec in January, followed by Ethereum ETF, the next ETF could be solana or Xrp making crypto accessible to many users across the world and helping grow the cryptocurrencies, As, Bitcoin ETF will mark it's first year in January 2025. it will reflect the growth of crypto and maturity of people to adopt crypto more with a pro crypto president elected, the next year would be very important for cryptocurrencies.
AI is the trend to look at in 2025 also, decentralised finance Coins could pump up big. As, we move forward to more adoption defi coins will be the first to boom also, AI coins could go bonkers in 2025. As, sentiment is very positive regarding AI like Fet, Wld and Defi coins like Aave, Crv and others, are likely to outperform in Altcoins season.
My favourite miracle would be $BNB going past $1000 and $SOL going past 00$. As, both crypto currency have a lot of potential and are yet to reach the Valuation they deserve in this bull market, Also Ethereum at 5000$ would be the best thing that can happen but it seems like only a miracle can make that happen.
Christmas brought a crypto market rebound rally with it with Bitcoin soaring 5% to 99k and Altcoins gaining over 5-10% making crypto green for the day. Bitcoin Dominance is also steady at 58% hinting at a possible move to the upside targeting 65%, so watchout for that it might cause a drop in Altcoins.
crypto market especially Altcoins showing signs of a rebound as Bitcoin dominance dropped by 2% making Altcoins breathe a little. Major Altcoins are up 5-10% showing some outperformance against Bitcoin which shows the signs of an upcoming Altcoins Market.
Bitcoin might be sideways for this week because of Christmas and holidays and we can expect the momentum going forward from new year as it's holiday season the big institutions and traders are on holiday. Therefore, the volume would be pretty low and the Market could be choppy.
Would be good to sit tight and wait for opportunities, once the volume and volatility returns.
It will be interesting to see the Bitcoin price action on Monday as there could be a sell off or rebound in US stocks and Bitcoin heavily relies on it for it's movement.
For Altcoins, keep an eye on Bitcoin dominance if it moves down the Altcoins should be fine or might move positively, if goes up the Altcoins will bleed.
Instead of $BTC next move we should focus on Bitcoin Dominance, as it's on the move for a new high despite Bitcoin going down. We saw a sharp correction in Bitcoin after it's all time high at $108k and the dominance was rising on whole move down making Altcoins bleed so much, As of now, dominance is on a local resistance and if it breaks through that it would be bad for altcoins.
We Should Embrace the Market corrections and Buy the Dip, because market corrections are necessary for Asset to further go up. Also, Altcoins will go up when Bitcoin dominance reaches the top and then money flow into Altcoins.
So, if you are Holding altcoins buy some more and DCA on Dips, we'll have a alt season when Bitcoin dominance reaches around 65-66 percent and then fall from there. Till then, trade only in $BTC , as it's dominating the Market.
$SOL Solana seems to be stuck at this level for a week and isn't giving much momentum. Same as Bnb which is range bound. this usually happens when traders don't find the RR (risk-reward) to be that good in an asset and shift towards higher RR assets. But, Soon we will see a shift and Solana and BNB will both reach their respective ATH soon. Once, altcoins with lower Market cap done pumping crazy.
AI Sector is the booming sector in 2024 with introduction of new AI technologies and rise in nvidia Stocks which also gave a boost to crypto AI coins and gamefi Coins #AIAndGameFiBoom Also, with the Rise in $BTC to 98k is remarkable. As long as Bitcoin remains above 94k it will help all the Altcoins to pump kuch higher and AI and Gamefi coins with it.
$ETH is climbing high vs Bitcoin after finally bottom of ETH/BTC and with it all the altcoins are gaining momentum too going up 10-20% and also the BTC Dominance is falling from it's high at 62% helping alts to breathe a little and gain bullish momentum. But, stay cautious on this rally up cause BTC.D can go up from here to 65%. Incase, BTC goes up to 100k. #MarketBuyOrHold? #AltcoinMomentum
This is a good initiative by binance to reward users with new token airdrops if you hold $BNB bnb coin in earn wallet. #MarketBuyOrHold? all you have to do is buy bnb and hold it in earn wallet either in flexible or locked mode. it depends on your bnb locked value how much airdrop you will get. Users should try to lock as much $BNB possible to get the most of the rewards.
Binance Square #BinanceSouthAsia is a community-focused platform within the Binance ecosystem designed to enhance user engagement, education in cryptocurrency and provide news around the crypto space.
Key features of Binance Square:
1. Community Engagement- Facilitates interaction among users through forums and discussion groups. 2. Educational Resources- Offers tutorials, articles, and webinars to help users understand crypto trading and investment. 3. Event Hosting- Organizes events, webinars, and meetups to foster networking and knowledge sharing. 4. Market Insights- Provides analysis and updates on market trends and cryptocurrency news. 5. User-generated Content- Allows users to share insights, strategies, and experiences, enriching the community knowledge base.
Overall, Binance Square aims to create a collaborative environment for crypto enthusiasts to learn and grow together.
The Evolution of Lumia: From Orn to Next-Gen RWA chain
In the evolving landscape of blockchain technology, #Lumia #TheRWAChain emerges as a game-changer with its innovative rebranding from Orn. Positioned as the first next-gen, ultra-capital-efficient, hyper-liquid zkEVM, Lumia harnesses a cutting-edge tech stack to deliver unparalleled performance and security.
$LUMIA • Key Features of Lumia
Lumia is designed to redefine the Web3 experience with several key features:
1. Custom Redundancy DAC: This ensures robust data management, providing peace of mind through multiple layers of redundancy.
2. Lumia Stream: A dedicated liquidity network, enhancing the fluidity of transactions and asset management.
3. Decentralized Sequencers and zkProvers: Enabling efficient transaction processing and verification, thus fostering a truly decentralized ecosystem.
4. Fast Finality and Validity Proofs: These features are crucial for a secure and responsive Web3 experience, allowing users to transact with confidence.
The Evolution of Lumia: From Orn to Next-Gen RWA chain
In the evolving landscape of blockchain technology, #Lumia #TheRWAchain emerges as a game-changer with its innovative rebranding from Orn. Positioned as the first next-gen, ultra-capital-efficient, hyper-liquid zkEVM, Lumia harnesses a cutting-edge tech stack to deliver unparalleled performance and security. $LUMIA
• Key Feaures of Lumia
Lumia is designed to redefine the Web3 experience with several key features:
1. Custom Redundancy DAC: This ensures robust data management, providing peace
Mantra (OM): Bridging Real-World Assets with Blockchain
Mantra Crypto Chain #HomeofRWAs is an innovative platform that aims to bridge the gap between traditional finance and the world of blockchain by enabling the tokenization of real-world assets (RWAs). This integration allows users to leverage the benefits of blockchain technology—such as transparency, security, and accessibility—while providing a pathway for traditional assets to enter the digital economy.
Understanding Real-World Assets-
Real-world assets refer to tangible and intangible items
The cryptocurrency community is excited as the MemeFi coin prepares for its highly anticipated listing on October 9, 2024. The official announcement has confirmed that MemeFi will be listed on several major centralized exchanges, but the main question that arises is. Will it list on world's biggest crypto exchange binance?
Key Details about the MemeFi Listing
•Token Generation Event (TGE): The TGE marks a significant milestone for the MemeFi project. It is set to distribute 90% of the MEMEFI
Another Potential Dump may occur in Crypto-currencies if Israel Retaliates Against Iran's Attack
Cryptocurrencies, unlike traditional financial markets, operate on a decentralized basis, making them susceptible to a wide range of influences. Historically, geopolitical tensions have caused sudden market shifts. For instance, during the U.S.-Iran standoff in early 2020, Bitcoin prices spiked as investors sought safe-haven assets. However, the current scenario suggests a different trend, where a military conflict could lead to a market dump rather than a surge. $BTC $ETH $SOL {future}(BTCUSDT
Solana Struggles to Maintain Momentum at $160: A Three-Week Analysis
Over the past three weeks, Solana $SOL has been struggling to break through the $160 mark, sparking concerns among investors and analysts alike. Despite its reputation as a fast, low-cost alternative to Ethereum, the cryptocurrency has been lagging, unable to gain the momentum needed to push its price higher and now is back at $140 supply zone or support.
• Market Conditions and Solana's Performance Several factors have contributed to Solana's stagnation at the $140 level. Fir