Hot coins / consensus picks :

: $AAVE $ENA
Alt L1s : $HYPE $SUI
New coins : $USUAL $MORPHO
Memes : $FARTCOIN
Dino coins : $HBAR $XRP
AI : $virtual
#followed

​​Binance will offer BIO Protocol (BIO) farming on Binance Launchpool as of December 24. Users will be able to stake their BNB, FDUSD to farm BIO tokens over 10 days. 3% (99.6M BIO) of the total genesis supply to be offered on the platform (85% of the tokens for BNB stakers). Binance will list BIO on January 3rd at 10:00 AM (UTC).
#BinanceLaunchpool #BinanceLaunchpoolBIO #CryptoAMA $BNB

The funny thing about the BTC <> tradfi correlation is that bears will keep using BTC relative weakness to confirm their bias during chop while ignoring the vertical parts in between

How many times did we have to hear 'BTC can't even pump while SPX is going up !' just for these 5 months of downtrend to be wiped in 2 weeks
#bitcoin

$AAVE has shown relative strength over altcoins for a month and does not look done yet

Next Week in Crypto: Key Events to Watch (Dec 23rd - Dec 29th, 2024) 🗓

Next week brings a suite of events ranging from token unlocks to US economic data. Here’s what to keep on your radar:

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🔐 Token Unlocks

- December 25 – ENA Token Unlock

Ethena (ENA) will unlock 12.86 million tokens, valued at approximately $15 million, representing 0.44% of its circulating supply.

- December 27 – IMX Token Unlock

Immutable X (IMX) is set to unlock 24.52 million tokens, worth approximately $34 million, representing 1.45% of its circulating supply.

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📊 US Economic Data Releases

- December 26 – Initial Jobless Claims

This week’s U.S. economic developments have been nothing short of significant, with markets reacting negatively to the Fed’s revised projections indicating fewer rate cuts for 2025 and rising concerns over persistent inflation. According to the CME FedWatch Tool, the odds of a January rate cut have now diminished considerably.

Looking ahead to next week, the most notable economic data release will be the weekly Initial Jobless Claims report. While this data point alone isn't typically decisive enough to influence markets, lower claims would suggest a strong job market, potentially supporting the likelihood of fewer rate cuts in 2025—a scenario that could be seen as bearish for markets. Conversely, higher-than-expected claims would point to job market weakness, possibly increasing the chances of rate cuts, which might be viewed as bullish for markets.

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That’s all for next week’s action! Keep an eye on these events, and we’ll be back with more updates in the next roundup!

Noticeably strong since yesterday's bottom : $SUI / $HYPE / $MOVE

Noticeably weak : $SOL / Most memecoins / $APT

Lessons from this Saylor interview :

- Saylor is planning to focus more on fixed income during Q1 to get more leverage because they are currently getting 'too deleveraged'

- The 21/21 Plan was welcomed with enthusiasm by the market which means that they will have a new plan and the $42bn announced are mostly indicative, but they will keep buying as long as they can (ie as long as the MSTR premium to NAV remains large enough imo)

#SaylorSpeaks #CryptoAMA

Several memes are now standing at large drawdown from their ATH :

$BONK : -48%
$WIF : -52%
$FLOKI : -45%
$PNUT : -66%
$GOAT : -60%
$NEIRO : -63%
#MOODENG : -61%
#CHILLGUY : -69%

🔔 MARKET MOVING NEWS! (15/12/24)

1️⃣ Ethereum Liquid Restaking TVL Surges From $284M To $17B In 2024 📈
$ETH
According to DeFi data aggregator DefiLlama, the total value locked (TVL) in Ethereum liquid restaking protocols increased by almost 6,000% in 2024. Specifically, the platform shows that Ethereum’s liquid restaking TVL which used to be around $284 million on Jan. 1 has surged almost sixty times reaching $17.26 billion on Dec. 15.

2️⃣ Musician Drake's X Account Seemingly Hacked, Used To Promote Solana Memecoin 🔓 $SOL #CryptoFraudAlert

The X account belonging to Canadian rapper Drake was reportedly hacked to promote a Solana memecoin on Saturday night. Specifically, the account promoted a memecoin called Anita, seemingly based on his cartoon "alter ego" Anita Max Wynn. The fraudulent post also claimed the memecoin was launched in partnership with the crypto betting platform ‘Stake.’ The memecoin saw approximately $5 million in trading volume before traders realised the coin was fraudulent and stopped buying. The posts have since been removed from Drake's X account.

3️⃣ OpenSea Cayman Islands Registration Fuels Token Airdrop Rumours ❓

NFT marketplace OpenSea’s recent Cayman Islands registration has reportedly sparked speculation of an impending token launch and user airdrop. The news was first shared on Dec. 14 by pseudonymous researcher Waleswoosh. While OpenSea has yet to make any official announcements, users believe the Cayman Islands registration means the NFT platform will conduct an airdrop for its users. Notably, this comes after OpenSea co-founder and CEO Devin Finzer announced in a tweet on Nov. 4 that the NFT marketplace is planning a comeback.
#nft #CryptoAMA

UPDATE: A short list of the upcoming TGEs, primary listings, product releases you should know about. #CryptoAMA

Daily active users in crypto hit a record high of 18.7 million in December, up from 7.7 million in early 2024 — #cryptousers #CryptoAMA

This is what it looks like when you rank them by top FDV ever* reached. #CryptoAMA #BinanceListsVelodrome #MarketMajorComeback $BTC $ETH $BNB

Here is what the ranking looks like with market caps :$BTC $ETH $SOL #BitcoinKeyZone #MarketMajorComeback

Approved

The ‘index DCA’ boomers are now adding an indirect perma TWAP on $BTC