Bitcoin vs. Ethereum: Who will be the winner of the next cryptocurrency boom? #XmasCryptoMiracles With the year 2025 approaching, both cryptocurrencies are expecting significant changes.
Bitcoin has already undergone its halving in 2024, with another expected in 2028. Such events typically increase the scarcity of the cryptocurrency in the market and can drive up prices. Solutions of the so-called second layer, such as the Lightning Network, aim to enhance Bitcoin's transaction capabilities. Growing acceptance from retailers and institutions, especially with the help of Bitcoin ETFs, could increase its global availability in the future.
Ethereum is rapidly innovating and evolving in the fields of DeFi, NFTs, and gaming applications. These innovations make Ethereum attractive to both users and developers. The smart contract platform on Ethereum has attracted the largest developer community in the blockchain space, giving it a significant competitive advantage.
When deciding which cryptocurrency to invest in for the future, it is important to understand their different investment philosophies.
Bitcoin is often perceived as digital gold, with a market capitalization around 2 trillion dollars compared to nearly 18 trillion dollars for gold. Thus, investment is particularly suitable for those investors who believe in Bitcoin's long-term potential and its ability to preserve value.
Ethereum is more than a digital currency – it is a technological ecosystem. Investing in Ethereum means betting on the future of decentralized services. This broader scope makes Ethereum more volatile, but offers the potential for significant growth.
You can think of it as the difference between investing in digital gold (Bitcoin) and software infrastructure (Ethereum).
Source: www.finex.cz $BTC $ETH
Which cryptocurrency wins for you? Bitcoin or Ethereum?
🎄🎅 Bitfinex predicts bitcoin peak at 200,000 USD, despite expected volatility in 2025 📈
👉 Analysts anticipate increased volatility at the beginning of 2025, but they believe the overall trend is heading towards further price growth. This optimistic outlook is supported by ETF backing, institutional adoption, and the growing status of bitcoin as a global asset. However, they caution investors to watch for overbought signals as the cryptocurrency approaches the peak of its cycle.
In the last 24 hours, more than 1 billion USD has been liquidated in the cryptocurrency market. Market participants were surprised by the strong growth of cryptocurrencies over the past 30 days. However, some analysts suggest that this decline might only be temporary.
This month was not the first time that Bitcoin's drop below 100,000 USD caused massive liquidations of long positions.
On December 5, a sudden drop in Bitcoin's price by 5.47% below the 93,000 USD mark liquidated 300 million USD within minutes. Similarly, on December 10, there was a market crash that removed more than 1.7 billion USD from leveraged positions within 24 hours. According to CoinGlass, this was the largest liquidation of long positions in this cycle so far.
Bitcoin maximalist Fred Krueger commented on the recent liquidations on platform X. He noted that the only way to get burned while trading Bitcoin is by using leverage.
Despite the sell-offs, analyst Pav Hundal from Swyftx remains optimistic that the anticipated Christmas rally may still come. Similarly, chief cryptocurrency analyst Jamie Coutts from Real Vision stated on December 20 that a buying opportunity could arise.
Crypto analyst Caleb Franzen described volatility as a common phenomenon during a bull market. In his post from December 19, he reminded that during the previous bull cycle, there were nine significant drops in Bitcoin over 16 months. After each of them, new historical price peaks followed.
#BTCOutlook $BTC The founder of SkyBridge Capital, Anthony Scaramucci, expressed in an interview with the Wall Street Journal his belief that the current bull cycle is far from over. He predicts that by 2025, Bitcoin could reach a value of $200,000, thanks to increasingly favorable policies towards cryptocurrencies expected in the coming years. Scaramucci emphasized that a key driving force for growth will be the acceptance of Bitcoin by regulators and governments. In addition, he anticipates a policy shift in China, which previously enforced strict regulation of Bitcoin. Scaramucci suggests that China may reintroduce Bitcoin mining and incorporate Bitcoin into its reserve assets. Such a development could catalyze a significant increase in Bitcoin's value. Another significant factor is the evolving regulatory environment in the United States. The prospects for integrating cryptocurrency infrastructure into the financial system are supporting institutional interest, indicating that the market is poised for further growth.
$SUI could reach 15$ at the end of January 2025 According to our current Sui Crypto price prediction, the price of Sui Crypto is predicted to rise by 229.89% and reach $ 14.93 by January 21, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 73 (Greed). Sui Crypto recorded 13/30 (43%) green days with 12.84% price volatility over the last 30 days. Based on the Sui Crypto forecast, it's now a good time to buy Sui Crypto. Over the next five days, Sui Crypto will reach the highest price of $ 5.90 on Dec 27, 2024, which would represent 31.19% growth compared to the current price. This follows a 2.28% price change over the last 7 days.
note : do your own research before investing #sui #bullish
$HBAR has forged significant partnerships with NVIDIA and Intel to develop "Verifiable Compute," a cutting-edge hardware-based solution.
Additionally, Valour Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have launched the first physically-backed Hedera HBAR Exchange-Traded Product (ETP) on Euronext Amsterdam, marking a milestone in HBAR's adoption and market presence.
Bitcoin approached $100,000 in late November as Morocco legalized cryptocurrencies and Ukraine progressed on digital asset regulations, focusing on financial stability and anti-money laundering.
In May 2024, AMP, an Australian super fund, invested $27 million in Bitcoin. In July 2024, Michigan's pension fund revealed a $6.6 million Bitcoin ETF investment.
BlackRock's report suggests Bitcoin could be included in traditional portfolios at 1% to 2%, highlighting its low correlation with markets and potential as a hedge against systemic risks.
$BTC By the end of this week, I would expect price fluctuations between 98k with a maximum around 102k. Many players are taking profits at the end of the year, and I would expect a recovery in January 2025 📈
European regulation MiCA is going to regulate cryptocurrency exchanges!
The MiCA regulation will come into effect on 01.01.2025 and many exchanges will have to react. Unfortunately, the new regulation also brings many restrictions, especially regarding what services cryptocurrency exchanges can provide within the European Union. The situation is such that the larger the exchange, the more attention European regulatory bodies will focus on it concerning compliance with the regulation. Exchanges that have already actively reacted to the MiCA regulation include - Binance, ByBit, Coinbase, OKX. Each exchange is trying to minimize the impact of the regulation on themselves, as they would lose money and their customers. Sooner or later, every exchange will have to apply for a MiCA license in some EU member state and will have to comply with it. We do not know how long this process will take and what specific restrictions will come. We are in a transitional period, and only time will show us a more concrete framework of the new regulation.
📆 The year 2024 was once again a year full of dynamic changes, regulatory shifts, and technological innovations for Bitcoin and the entire cryptocurrency market. Here is a brief overview of some of the most significant events related to Bitcoin:
👉 One of the most important milestones of 2024 was the fourth Bitcoin halving. This event, during which the reward for mining a new block is cut in half, has a significant impact on Bitcoin's inflation and can affect its long-term price. Historically, after a Bitcoin halving, periods of increased volatility and subsequent price growth often occurred. However, the exact impact of the halving on price is difficult to predict as many other factors influence it. 👉 Cryptocurrency regulation has become a global topic. Many governments and central banks have adopted new laws and regulations aimed at increasing transparency and protecting investors in the cryptocurrency market. 👉 Major financial institutions and companies continued to increase their interest in Bitcoin. Some of them began offering Bitcoin-related services to their clients, contributing to greater Bitcoin adoption in the mainstream financial sector. 👉 The Lightning Network, which enables fast and cheap transactions within Bitcoin, saw further development and expansion. 👉 The Taproot update brought significant improvements to Bitcoin in terms of privacy and smart contracts. 👉 Development of solutions to increase Bitcoin's scalability continued, which is key for its mass adoption. 👉 The Bitcoin market experienced significant volatility, with notable price swings throughout the year. 👉 The correlation of Bitcoin with traditional markets, such as stock indices, became more pronounced. 👉 Bitcoin is expected to continue playing a significant role in the financial market. Increased regulation, technological innovations, and growing adoption by institutional investors and the general public will play a key role in its further development.
👉Sui is a relatively new cryptocurrency that has generated significant interest in the crypto community. It was developed by Mysten Labs, which consists of former engineers from Meta (formerly Facebook) who worked on the Diem project.
💧What is Sui? Sui is a highly efficient blockchain designed for decentralized applications (dApps). Its goal is to provide a fast, scalable, and user-friendly environment for the development and operation of dApps.
Top 3 best undervalued Layer 1 altcoins that make sense! 👀
1. Cardano (ADA) 👉 Cardano is a public blockchain platform aimed at providing secure, scalable, and sustainable financial and contractual systems. It is often referred to as a "third generation" blockchain, meaning it aims to solve some of the problems that appeared in previous generations of blockchains (like Bitcoin and Ethereum). 👉 ADA is a trusted project with a strong and supportive community. If the development team manages to expand its use and adoption in decentralized projects (dApps), it will have a nice appreciation in the near future.
2. VeChain (VET) 👉 VeChain is an innovative platform based on blockchain technology that aims to connect the digital world with the real one. Specifically, it focuses on optimizing supply chains and improving transparency in various industries. 👉 With the growing interest in transparency in supply chains, VeChain will have a strong growth opportunity during this bullish cycle, which it has already pointed out during its bullish trajectory this year.
3. Hedera Hashgraph (HBAR) 👉 Hedera Hashgraph is a decentralized distributed network that represents an interesting alternative to traditional blockchains like Bitcoin or Ethereum. Unlike these systems, Hedera Hashgraph uses a unique algorithm called "hashgraph," which promises higher speed, greater security, and better scalability. 👉 HBAR is a promising technology that has the potential to revolutionize many industries. However, like any new technology, Hedera Hashgraph faces certain challenges and is still under development.
👉 Conclusion: Investing in cryptocurrencies is risky, and you should carefully consider all factors before making any decisions. #DYOR
Grayscale’s Crypto Portfolio Surges 85%, Fueled by Triple-Digit Altcoin Growth
According to BlockBeats, data from Cryptorank reveals that Grayscale Trust Investment's cryptocurrency holdings experienced a significant market value increase of over 85% in the past month. This growth in Grayscale's portfolio was primarily driven by the performance of several key cryptocurrencies. Notably, Stellar (XLM) led the surge with an impressive rise of over 469% during the same period. Ripple (XRP) also contributed significantly, with its value increasing by more than 262%. Additionally, Decentraland (MANA) ranked third in terms of growth, with its price climbing over 105% in the last month.The remarkable performance of these cryptocurrencies has sparked discussions among analysts, who are increasingly anticipating the arrival of an 'altcoin season' by early 2025. This period is expected to see a surge in the value of alternative cryptocurrencies, with Ethereum (ETH) potentially reaching $4,000. Analysts suggest that this milestone could be achieved by January 20, 2025, coinciding with the anticipated inauguration of President Trump. The growing optimism around altcoins is fueled by the recent market trends and the potential for further gains in the cryptocurrency sector.
$SUI The current forecast for Sui (SUI) indicates a bullish trend for 2024. Price predictions suggest it may reach as high as $3.44 in November 2024, with potential for further growth towards $5 by the end of the year.