ATENTOS $CKB is about to reach the top 25 in the crypto ranking, leading the ecosystem of $BTC in terms of L2. When BTC dominance starts to decline, one of the altcoins that will benefit the most will be those from the Bitcoin ecosystem. $CKB is a little-known gem that is about to take off at any moment. If you want to be a millionaire, this could be a good time to invest.
What do you think about crypto $CKB in the long term for 2025? I like the project, but I wonder if it is wise to strengthen its positions now or to wait for a possible more significant correction?
Also the purchase in hold of crypto $BNB seems to be solid for the years to come?
Thanks for the feedback, any opinion is interesting!
Have a good day and strength to you in this little storm!
💥Lightning Network Liquid Staking Protocol UTXOStack Completes Series A Financing, Preparing for TGE in Q1 2025
The Lightning Network Liquid Staking Protocol UTXOStack has completed Series A financing with a valuation of 50 million USD, jointly invested by UTXO Management, CMS, and PAKA. Previously, it completed a seed round of financing led by ABCDE Capital and SNZ Capital, with participation from CKB Eco Fund, OKX Ventures, UTXO Management, Waterdrip Capital, Matrixport, y2z Ventures, and DRK Lab.
It is reported that after the completion of this round of financing, UTXOStack will launch its first-ever large-scale airdrop incentive program targeting BTC liquidity on the Lightning Network in early January 2025. Subsequently, it will coordinate with the launch of the CKB Lightning Network Fiber Network mainnet to provide liquidity airdrop incentives for CKB and RGB++ related assets. The TGE is expected to be completed in Q1 2025, marking the first TGE in the Lightning Network ecosystem.
As we approach the New Year, traders and investors can take a breather. This current consolidation phase seems to be the final significant one of this bull market, signaling a potential turning point. Over the past 24 hours, the cryptocurrency market has witnessed staggering liquidations amounting to approximately $1.8 billion, likely marking one of the most intense liquidation events in this bull cycle. Reports from Coinglass, shared on December 10 by credible sources, reveal liquidations totaling around $1.79 billion in the past 24 hours, with $1.6 billion in long positions wiped out and $180 million in shorts liquidated.
From a technical standpoint, consolidations in bull markets are typically short-lived, paving the way for sharp rebounds. This phase also serves as a testing ground for the resilience of individual coins. Those performing strongly during this period are likely to experience more significant breakouts when the market turns bullish again.
Among the altcoins, Uniswap (UNI) has emerged as a leader, showcasing exceptional strength and potential. It was previously highlighted as a top pick for a potential tenfold return, making it an attractive choice for savvy investors. Bitcoin Cash (BCH) has also held its ground well, while Binance Coin (BNB) demonstrates steady performance and potential for growth.
This is a critical time to identify and position yourself in strong projects that could lead the next market rally. Follow me to stay updated and discover opportunities to capitalize on high-potential coins. Together, we can strategically position ourselves for substantial gains as we navigate this exciting market phase. More valuable insights are on the way, and they won’t disappoint.
Fiber Network: CKB's Revolutionary Approach to Bitcoin Ecosystem Enhancement
Nervos $CKB has recently introduced Fiber Network, a groundbreaking evolution of the Lightning Network that has the potential to transform the Bitcoin ecosystem fundamentally. This innovative solution offers several key advantages over the traditional Lightning Network, making it a game-changer for Bitcoin scalability and functionality. Key Features of Fiber Network Multi-Asset Support: Unlike the classic Lightning Network, Fiber natively supports multiple assets, including CKB, BTC, and RGB++