Over the past week, whales have acquired more than 1 billion Dogecoin coins
Doge is showing positive dynamics against the backdrop of activity from large players. According to IntoTheBlock, the volume of transactions over $100,000 in the last seven days exceeded $2.3 billion.
These operations included transfers between wallets, direct deals, and asset movements between exchanges.
Ali Martinez reports that in the past week, whales have purchased over a billion coins.
Large investors are demonstrating confidence in the medium-term growth of the meme coin's value. Martinez also noted that whales play an important role in maintaining the liquidity of the asset, which can contribute to its further strengthening.
Elon Musk Changed His Profile Picture and Username on X
Be careful ā fake tokens and scams using this topic will soon appear. Stay vigilant and donāt fall for suspicious offers.
š Liquidity Shift from BTC to ETH
A gradual shift of capital from BTC ETFs to ETH ETFs is beginning. Analysts note that some investors have started moving assets from Bitcoin ETFs to Ethereum ETFs. ⢠BTC ETF outflow last week: -$387.5 million ⢠ETH ETF inflow: +$349 million
This trend could strengthen Ethereumās market position and put additional pressure on Bitcoin.
ć½ļø The market hasnāt been too exciting lately ā holiday vibes are taking over, liquidity is dropping, and it might be a good time to take a break and spend time with family.
šŖ BTC is trading around ā $93,803 š· ETH is hovering around ā $3,424 š Top gainer in 24h ā ENA +4.90% š Biggest drop in 24h ā BGB -14.58%
š Indicators: šØ Fear & Greed Index ā 65 š² Altseason Index ā 47 š Long/Short Ratio ā 51/49 š° Crypto Market Cap ā $3.21T š BTC Dominance ā 57.80%
šµ Over the past week: ⢠BTC-ETF net outflow: -$377.6M ⢠ETH-ETF net inflow: +$349.3M
š¬ Meme coin market cap has dropped by -30% this month. Over the past 30 days, the best performer was AI Agents with a +67.02% gain.
šš° Hong Kong lawmakers propose including BTC in fiscal reserves and exploring the use of an ETF for purchasing and storing Bitcoin.
š° CEO dismisses rumors about USDT delisting in Europe.
šø BTC mining difficulty has hit a record high of 109.7T.
š® Forecast: BTC failed to break upwards, dropped, and is now sitting near support levels. The situation hasnāt improved toward the end of the year and likely wonāt. BTC is closing its second red week in a row. If $92K breaks, we could see a deep correction to $85K, with this risk persisting until Trumpās inauguration.
ć½ļø Sideways movement continues. However, major altcoins are in the green today. Waiting for Monday to get a clearer picture.
šŖ BTC is trading around ā $95,149 š· ETH is hovering around ā $3,403 š Top gainer in 24h ā CRV +11.64% š Biggest drop in 24h ā BGB -6.89%
š Indicators: šØ Fear & Greed Index ā 73 š² Altseason Index ā 49 š Long/Short Ratio ā 49/51 š° Crypto Market Cap ā $3.25T š BTC Dominance ā 57.79%
šØš¾āāļø Blockchain Association and two other groups have filed a lawsuit against the US IRS to challenge a new rule requiring DeFi brokers to collect and report user information.
š BTCās clean energy usage now exceeds 50%. Elon Musk previously stated Tesla would accept BTC payments again once this threshold was reached.
šŖ BlackRock and MicroStrategy collectively hold nearly 1,000,000 BTC, accounting for 4.7% of total supply.
š Analysts predict that the ongoing growth of stablecoins and crypto ETFs will boost crypto asset yields in 2025.
šøš» El Salvadorās national wallet balance has surpassed 6,000 BTC.
š® Forecast: With holiday liquidity dropping, the market is moving sideways, fluctuating between $93k - $100k. Letās see how things play out with the start of the new week.
šŖ BTC is trading around ā $94,475 š· ETH is hovering around ā $3,343 š Top gainer in 24h ā BGB +12.94% š Biggest drop in 24h ā FTM -8.43%
š Indicators: šØ Fear & Greed Index ā 72 š² Altseason Index ā 47 š Long/Short Ratio ā 51/49 š° Crypto Market Cap ā $3.22T š BTC Dominance ā 58.10%
šµ BTC spot ETFs saw a net outflow of $298M yesterday. šµ ETH spot ETFs had a net inflow of $47.7M.
š Galaxy Research predicts BTC will hit $150k in H1 2025 and $185k by Q4 2025. ETH is projected to reach $5500.
šÆšµ Metaplanetās CEO stated their BTC purchases are ājust the beginning.ā
šŗšø US IRS recognized DEXs and external platforms as ābrokers,ā requiring transaction reporting for digital assets.
š® Do Kwon is being extradited to the US. Montenegroās Ministry of Justice approved the extradition of the Terra Luna founder.
āļø VolatilityShares filed for a SOL futures ETF.
š® Forecast: The charts arenāt showing the best signals, but key support is still holding. Given the upcoming weekend, major moves are unlikely. Letās watch closely as the new week starts. Hopefully, no surprises before the year ends.
ć½ļø Feels like weāll keep drifting sideways between $95k-$99k until the new year.
šŖ BTC is trading around ā $96,626 š· ETH is hovering around ā $3,409 š Biggest gainer in 24h ā BGB +23.55% š Biggest drop in 24h ā PENGU -12.43%
š Indicators: šØ Fear & Greed Index ā 74 š² Altseason Index ā 45 š Long/Short Ratio ā 48/52 š° Total Market Cap ā $3.29T š BTC Dominance ā 58.11%
šµ BTC-ETF outflows have stopped. Yesterday, $475M flowed into BTC-ETFs, while ETH-ETFs saw $117M in inflows.
šŖ Jeff Park, head of Bitwise, estimates only a 10% chance of the US creating a BTC reserve by 2025.
š Strive, a company linked to Trump, has filed for a Bitcoin Bond ETF.
š¤ TapSwap announced its listing will happen on January 23, 2025.
š® Two former top executives of Bithumb received prison sentences for bribery during token listings.
šø On Deribit, a record BTC and ETH options expiry worth $18.3B is set for today.
š® Forecast: Currently, thereās a chance of a bounce back to $99k, but itās better to wait for a solid break above the moving average.
In 2025, the positions of cryptocurrencies and blockchain technologies are expected to strengthen further in the global market. Analysts predict significant growth in interest toward decentralized finance (DeFi), non-fungible tokens (NFTs), and various forms of digital assets. Leading companies and startups will continue to integrate blockchain into industries such as cybersecurity, logistics, data management, and digital identity.
Experts believe that the crypto market in 2025 will be marked by greater stability in major assets like Bitcoin and Ethereum, driven by growing institutional support. New regulatory initiatives are expected to emerge, reducing risks and increasing investor confidence. Simultaneously, the development of stablecoins and the rollout of central bank digital currencies (CBDCs) will heighten competition in the digital asset space.
Technological innovations and the increasing recognition of cryptocurrencies by governments and corporations will unlock new opportunities for the global economy. This will stimulate the development of cross-blockchain solutions and new forms of asset tokenization.
š Market Analysis ⢠Bitcoin is holding at $96,500, with a target of $91,000 š» ⢠BTC dominance is at a peak of 58.4% and is expected to start declining soon š» ⢠The altcoin index is in the process of rebounding but looks weak ā still uncertain. ⢠Alts are at rock bottom, and until dominance drops below 58%, thereās little reason to chase them. ⢠The U.S. market is very positive and has returned to its highs š ⢠The dollar index is rising, which is negative for crypto š» ⢠Mining companies are dropping more than growing ā another negative signal š»
ā Conclusion: Based on these factors, the market could continue declining for a while, followed by a reversal. I believe BTC wonāt drop below $89,000 ā and weāll see a new wave of growth!
š· Crypto degens on X/Twitter are going crazy, massively hyping the traditional Christmas Santa rally, which often starts right after Christmas.
š According to historical data from 2014 to 2023, the market boosted by +0.7% to +11.9% at the end of December. From December 27 to January 2, Santa really fed the crypto traders.
š Even though big players take a break and volumes drop during the holidays, it hasnāt stopped the market from growing.
ć½ļø The recent dump began after Powell claimed the Fed cannot legally hold Bitcoin. Yesterday, the market rebounded following Colin Wuās report ā āThe Fed cannot veto the creation of BTC reserves. Trump can quickly establish a reserve by signing an executive order instructing the U.S. Treasury to use the Exchange Stabilization Fund (ESF) to buy Bitcoin.ā
šŖ BTC is trading around ā $98,610 š· ETH fluctuates near ā $3,521 š Biggest gainer ā FARTCOIN +39.14% š Biggest loser ā VIRTUAL -2.13%
š Indicators: šØ Fear & Greed Index ā 73 š² Altseason Index ā 49 š Long/Short Ratio ā 51/49 š° Total Market Cap ā $3.37T š BTC Dominance ā 57.97%
šµ Despite market recovery, spot BTC-ETFs are seeing outflows for the fourth consecutive session. Total fund losses have exceeded $1.5B. Yesterday alone, $338M was withdrawn from BTC-ETFs, while spot ETH-ETFs saw inflows of $53M.
š¹š· Turkey passed a law requiring gamblers to provide identification to crypto services for transactions over $425.
š³ Visa predicts massive growth in stablecoin-linked cards.
š¦š· Argentina ordered Tether to freeze 3.5M USDT linked to the Rainbowex pyramid scheme.
š¤ Bitget partnered with TRON and SunPump to boost the growth of the TRON blockchain ecosystem.
š® Forecast: A bounce off the 100 MA is leading to growth toward the 50 MA. To continue upward, BTC must break above $100K. However, U.S. holidays and weekends may limit liquidity, potentially keeping BTC in a sideways range between $94K ā $99K. Future movement will depend on which direction BTC breaks out.
#ARB #pol Right now, with the entire spot market down 40%, donāt miss the chance to grab solid spot positions.
Come January, prices could be 2-3x higherāif you choose the right coins š.
My portfolio also dropped from +120% profitācut in half! š»
The key is to avoid emotional mistakes and hold through the growth, focusing on strong assets. 90% of traders will sell at +50-100%, cash out, or start speculatingālosing their positions while the market moves higher without them.
Opportunities to make multiples on investments like this only come once every 4 years!
Last week, crypto funds saw inflows of $308M, but massive outflows began on Thursday and Fridayātotaling around $1B. While Bitcoin funds attracted $375M, the overall capital in ETP funds dropped by $17.7B.
Altcoin funds experienced $121M in outflows, although some assets posted gains. ⢠XRP attracted $8.8M ⢠Horizen saw $4.8M in inflows ⢠Polkadot added $1.9M
Ethereum funds recorded $51M in inflows, while Solana funds saw $8.7M in withdrawals.
Metaplanet and MicroStrategy continue expanding their crypto holdings: ⢠Metaplanet purchased 620 BTC for $60M ⢠MicroStrategy acquired 5,262 BTC at an average price of $106,662 per coin.
ć½ļø The market is gradually recovering. Thereās widespread FUD from new retail investors (hamsters) who entered the market over the past few months. Historically, when hamsters panic-sell, whales buy the dip and trigger a bounce.
šŖ BTC is trading around ā $93,946 š· ETH fluctuates near ā $3,396 š Biggest gainer of the day ā VIRTUAL +22.22% š Biggest loser ā FTM -6.64%
š Indicators: šØ Fear & Greed Index ā 73 š² Altseason Index ā 51 š Long/Short Ratio ā 51/49 š° Total Market Cap ā $3.22T š BTC Dominance ā 57.69%
š Apollo Global Management claims the Fed may raise interest rates in 2025, with a 40% probability.
šŗšø Crypto staking rewards in the U.S. are subject to taxes. Taxes must be paid immediately after receiving staking rewards, not just when selling tokens.
šµ Spot BTC-ETF saw a net outflow of $227M yesterday, marking three consecutive days of outflows. In contrast, spot ETH-ETF recorded a net inflow of +$131M.
ā Trump appointed former football player Bo Hines as the Executive Director of the āCrypto Council.ā
šŗ Due to North Korean hacker activities, Hyperliquid recorded a $250M outflow in one day. In 2024, North Korean hackers stole $1.34B in crypto, up 103%.
šØš¦ Canadian public company Matador Technologies (MATA) announced a shift to the BTC standard and started buying Bitcoin for its corporate balance sheet.
š¤ Crypto.com launched institutional crypto custody services in the U.S. as part of its expansion strategy.
š MicroStrategy will hold a shareholder vote on issuing $10B in new shares to purchase more Bitcoin.
šŖ U.S.-based company La Rosa Holdings has started accepting BTC payments for real estate agents.
š® Forecast: Weāre hovering around the 100 MA, which is holding prices from further dumping. With holidays approaching, Bitcoinās activity may slow, while altcoins could trend upward if BTC consolidates sideways and its dominance continues to decline.
$BTC As BTC dips below $100,000, negativity on social media has surged to its peak.
The stock market is gradually recovering, driving capital back into cryptocurrencies. The Dow Jones, Nasdaq, and S&P 500 indices posted solid gainsārising by 1.18%, 1.09%, and 1.03% respectively.
Currently, Bitcoin is trading below $100,000 but remains firmly above the $90,000 support level.
After reaching its all-time high (ATH) of $108,300 on December 16, Bitcoin corrected by 8.5%. This led to profit-taking among traders and a noticeable increase in bearish sentiment across social media. There are now five negative comments for every four positive ones.
Bitcoinās unexpected surge to its ATH created inflated expectations, but by the end of the week, the market quickly responded to the downturn in U.S. stock indices.
Market pessimism has filtered out the ācasual passengers,ā leaving only those who believe in the long-term growth of cryptocurrencies.
As BTC dips below $100,000, negativity on social media has surged to its peak.
The stock market is gradually recovering, driving capital back into cryptocurrencies. The Dow Jones, Nasdaq, and S&P 500 indices posted solid gainsārising by 1.18%, 1.09%, and 1.03% respectively.
Currently, Bitcoin is trading below $100,000 but remains firmly above the $90,000 support level.
After reaching its all-time high (ATH) of $108,300 on December 16, Bitcoin corrected by 8.5%. This led to profit-taking among traders and a noticeable increase in bearish sentiment across social media. There are now five negative comments for every four positive ones.
Bitcoinās unexpected surge to its ATH created inflated expectations, but by the end of the week, the market quickly responded to the downturn in U.S. stock indices.
Market pessimism has filtered out the ācasual passengers,ā leaving only those who believe in the long-term growth of cryptocurrencies.
The main support zone after breaking $96,000 is now between $90,000-$92,000. This daily support is crucialādropping below would break the trend and open the way down to $84,000!
Technically, if dominance continues to fall, I donāt care where Bitcoin goes. The main issue right now is rising dominanceāBitcoin is draining money from the market!
Later, if the altcoin market survives, Iāll share the rollercoaster we went through in spot trading and the emotions that came with it.
Honestly, thereās this urge to just leave the market, head off into the sunset, buy a cabin in the countryside, and forget about all this madness. But weāll stick it out and get what we deserveāafter all, itās all about the journey!
On the bright side: weāre holding key levels, and the chances are high that we wonāt drop further. A breakdown below $95,000 would signal that the bears have won, causing altcoins to dive as well.
I donāt believe weāll break lowerādoing so after such heavy liquidations and altcoin sell-offs would be highly unusual. Some alts have already returned to their bottom levels. People are panicking, but I donāt see the logic in pushing prices lower!