🆕24h Crypto Market Overview
⏰Thursday, January 09, 2025

♨️Overview:
Bitcoin continued to correct strongly overnight, reaching the 92K zone, triggering the liquidation of nearly 600M leveraged orders before recovering to the current 95K zone. The market will continue to be sensitive to the period approaching the time Trump takes office as US President on January 20, 2025. The end of 2024 marks a record $44.2B in global inflows, nearly 4 times the previous record set in 2021.

Non-farm payroll data will be released tomorrow, the market is expected to have many fluctuations before, during and after the news.

♨️ETF Updating (08/01/25):
💰Bitcoin ETF Spot: 🔴$20.2M 
🔹Etherium ETF Spot: 🔴11.7M

🎯Weekly Highlights:
▪️Friday: US releases Non-farm payrolls and unemployment
▪️Canada likely to have a new pro-crypto prime minister
▪️US-China trade war expected to benefit Bitcoin price
▪️CFTC chairman resigns on Trump inauguration day.

❇️Top Gainers/Decliners:
🟢$GT  5%    🔴$MOVE 10%
🟢$OM  4%    🔴$RUNE  10%
🟢$XRP  3%    🔴$INJ  9%

🆕Hot News:
- Arthur Hayes' investment fund reveals investment in 6 DeSci tokens👉DLNews
- BNB is the 3rd coin after BTC, ETH chosen by Bhutan's special city as a store of value👉GMCBhutan
- BackPack acquires FTX Europe for $34.7M👉CoinDesk
- Movement Lab raises another $100M, raising valuation to $3B👉Forturn
- CFTC Chairman says it will take at least 2 years to have a regulation on US crypto year👉Theblock
=============
$BNB #BNBBhutanReserves

🆕Overview of the crypto market in 24h:
⏰Friday, December 20, 2024

♨️Overview:
Bitcoin sharply adjusted down to below 96K, triggering a liquidation of over $1B in the past 24h but has recovered to the 97k range, accompanied by an increase in DOM, causing a bloodbath for many Altcoins.

In macro terms, the Bank of England decided to keep interest rates at 4.75%, and the US GDP announcement showed that the US economy remains strong, reducing concerns about economic recession amid the Fed's tightening policy. However, Core PCE remains higher than expected, raising concerns about the continued tightening policy of the Fed in the near future.

♨️ETF Updating (12/19/24):
💰Bitcoin Spot ETF: 🔴$276M
🔹Ethereum Spot ETF: 🔴$61.5M

🎯Weekly Highlights:
▪️Fed announces interest rates and press conference: Current 4.5% | Expected 4.5% | Previous 4.75%
▪️US announces GDP: Current 3.1% | Expected 2.8% | Previous 2.1%
▪️Friday: US announces PCE with estimates higher than the previous one.
▪️SEC approves Hashdex Nasdaq Bitcoin & Ethereum crypto Index US ETF

❇️Top Gainers/Losers:
🟢$MOVE 18% 🔴$PENGU 20%
🟢$MNT 6% 🔴$LDO 16%
🟢$LEO 0.2% 🔴$ENA 14%

🆕Hot News:
- Binance US is reportedly planning to recover in 2025👉Binance US
- TVL on DEXs reached $13.9B, the highest since 09/2022👉Artemis
- MARA has achieved nearly 61% profit this year from BTC. As of 12/18/2024, it has held 44,394 BTC (~$4.5B)👉Mara
- Binance launches Binance Alpha, a Binance Web3 platform introducing several potential projects with a chance to list on Binance👉Binance#BinanceAlphaAlert $BNB

🆕24h Crypto Market Overview:
⏰Thursday, December 19, 2024

♨️Overview:
FED Chairman Jerome Powell said we avoided a recession and predicted a very good 2025 after finalizing a 0.25% interest rate cut. However, he emphasized that 2025 may only see 2 interest rate cuts, less than previously predicted, and he said that the FED does not own Bitcoin and does not intend to own it. This hawkish speech sent the market into a red. US stocks sold off with $1.5TB leaving the market. Bitcoin corrected 5000 in price then triggered liquidation up to $650M in the past 24h, currently trading at 100K.

On the macro front, this week we have adjusted GDP and PCE releases.

♨️ETF Updating (12/18/24):
💰Bitcoin ETF Spot: 🔴$52.5M 
🔹Etherium ETF Spot: 🔴$79.4M

🎯Weekly Highlights:
▪️FED Rate Announcement and Press Conference: This Time 4.5% I Expected 4.5% I Last Time 4.75%
▪️Thursday: US GDP Announcement
▪️Friday: US PCE Announcement with Higher Estimate than Last Time.

❇️Top Gainers/Decliners:
🟢$PENGU 35%    🔴$WIF   14%
🟢$BGB        11%     🔴$FTM 10%
🟢$CRO        1%     🔴$PEPE  9%

🆕Hot News:
- Aave secures $31M investment in Lens Protocol, a high-performance blockchain for social media👉Techcrunch
- Bitwise launches Solana Staking product in Germany as US ETF hopes grow👉DeCrypt
- Renzo distributes airdrop season 2 and officially opens season 3👉Check Airdrop REZ
- Binance launches Binance Alpha, a Binance Web3 platform that showcases a number of potential projects with listing opportunities Binance👉Binance$BNB #BinanceAlphaTop5

🆕Overview of the crypto market 24h:
⏰Tuesday, December 17, 2024

♨️Overview:
Digital asset investment products have witnessed continued capital inflow last week, totaling $3.2B, marking the 10th consecutive week, with the total capital inflow for this year so far reaching a significant $44.5B. Bitcoin saw a total inflow of $2B, while Ethereum experienced inflows for the 7th consecutive week, reaching $1B.

On a macro level, this week we will have interest rate announcements from the FED, the final FOMC meeting of the year, expected to reduce interest rates by 0.25% despite the inflation indicators not meeting FED's expectations. Following this, there will be adjusted GDP and PCE.

♨️ETF Updating (12/16/24):
💰Bitcoin Spot ETF: 🟢$102M
🔹Ethereum Spot ETF: 🟢$12.6M

🎯Weekly Highlights:
▪️Wednesday: FED announces interest rates and holds a press conference
▪️Thursday: U.S. announces GDP
▪️Friday: U.S. announces PCE with estimates higher than the previous period.

❇️Top Gainers/Losers:
🟢$VIRTUALS 12% 🔴$KAIA 8%
🟢$BGB 12% 🔴$KCS 6%
🟢$RUNE 11% 🔴$ENA 4%

🆕Hot News:
- Binance selects Simon's Cat (CAT) and Pudgy Penguins (PENGU) as the 4th and 5th Binance HODLer Airdrops👉Binance
- KernelDAO, the restaking platform on the BNB Chain officially launches mainnet👉Kernel
- Pancakeswap will halt simple staking services from 10/03/2025👉PCS
- The Financial Conduct Authority states that the UK is consulting on banning public crypto offerings.👉CoinDesk
- Micro Strategy joins the Nasdaq 100 group, aiming for SP500👉TheBlock$BNB

#BTCNewATH #AirdropHodler

🆕24h Crypto Market Overview:
⏰Thursday, December 12, 2024

♨️Overview:
The market recovered as Bitcoin regained the important psychological threshold of 100K, reaching 101K3 this morning, helping many Altcoins recover after the dump of the previous 2 days. CPI and Core CPI announced as expected also helped the market be more optimistic. According to CME Group, the rate of the FED cutting interest rates by 0.25% next week is up to 99%. Bitcoin ETF funds also had busy days with very strong buying. Notably, the shift from selling to buying from ETH ETF funds also helped the market be optimistic about the prospect of Altcoin Season.

♨️ETF Updating (11/12/24):
💰Bitcoin ETF Spot: 🟢$35.8M 
🔹Etherium ETF Spot: 🟢$14M

🎯Weekly Highlights:
▪️CPI: This Period 2.7% I Expected 2.7% I Last Period 2.6%
▪️Core CPI: This Period 3.3% I Expected 3.3% I Last Period 3.2%
▪️Thursday: EU Interest Rate Announcement; US releases PPI
▪️Friday: UK releases GDP

❇️Top Gainers/Decliners:
🟢$VIRTUALS 22%    🔴$ME   1%
🟢$PNUT   22%     🔴$DEXE 0.28%
🟢$AERO  17%     🔴$CLV  0.49%

🆕Hot News:
- Ripple receives full license to launch stablecoin RLUSD 👉Brad Garlinghouse
- KernelDAO, BNB Chain restaking platform officially launches mainnet👉Kernel
- Pancakeswap will stop simple staking service from 03/10/2025👉PCS
- Notcoin launches Earn program offering token rewards to Telegram Wallet users👉TheBlock
- Binance joins Partnering with Circle to Accelerate Stablecoin Adoption Globally👉CoinDesk$BNB

#altsesaon #BNB

🆕Overview of the crypto market 24h: Powell compares Bitcoin with gold
⏰Monday, December 09, 2024

♨️Overview:
Bitcoin had a weekend trading session with little volatility, sideways in a small range. The highlight of the past weekend likely came from Elon Musk's tweet that refreshed the memecoin market. Donald Trump stated that he chose venture capitalist David Sacks of Craft Ventures LLC as an expert on AI and crypto, a newly established position to emphasize the president-elect's intention to promote two rapidly growing industries.

On a macro level, this week will have important news from the Non-farm payroll report and the unemployment rate in the U.S.

♨️ETF Updating (06/12/24):
💰Bitcoin Spot ETF: 🟢$376M
🔹Ethereum Spot ETF: 🟢$83.8M

🎯Highlights of the week:
▪️Wednesday: U.S. announces Core CPI, CPI; Canada announces interest rates
▪️Thursday: EU announces interest rates; U.S. announces PPI
▪️Friday: U.K. announces GDP

❇️Top Gainers/Losers:
🟢$XMR 10% 🔴$WIF 5%
🟢$DYDX 9% 🔴$JUP 3%
🟢$MNT 8% 🔴$BGB 3%

🆕Hot News:
-👉UnchainedCrypto
- Former CEO of Celsius Mashinsky pleads guilty in U.S. fraud case👉Bloomberg
- Michael Saylor proposes that the U.S. government sell gold to buy Bitcoin reserves👉CoinTelegraph
- FCA of the U.K. bans Pump Fun👉FCA
- Spexi, the DePIN (Drone imagery) platform raised $11.5M in Series A round led by Blockchange Ventures👉Blockwork
==========================
#altsesaon $BNB

🆕Crypto market overview 24h: Powell compares Bitcoin to gold
⏰Friday, December 06, 2024

♨️Overview:
Bitcoin hits ATH and surpasses the psychological threshold of 100K when it reaches the price of 100K4, causing all media both domestically and internationally to report on it. Bitcoin could not maintain the 100K level when closing the daily candle but has made a mark and sent a greeting to the entire financial world. Even Russian President Putin mentioned Bitcoin as a global asset not subject to anyone's control. Incoming President Donald Trump also congratulated Bitcoiners when it hit 100K. The CEO of Binance believes it is still too early. Michael Saylor continues to buy in and firmly believes BTC will reach 13M. The government of El Salvador is still...holding gains when DCAing 1 BTC every day (currently managing ~$600M). Bitcoin also had a crazy session when it adjusted from 100k4 down to 90K (a decrease of 13k in a few hours), causing over 1B in assets to be liquidated with 80% being long positions. There is too much to say about Bitcoin today. What are your thoughts?

In macro news, this week will have important news from the Non-farm report and the unemployment rate of the U.S.

♨️ETF Updating (05/12/24):
💰Bitcoin Spot ETF: 🔴$53.4M 
🔹Ethereum Spot ETF: 🟢$22.2M

🎯Weekly Highlights:
▪️Friday: U.S. releases Non-farm report and unemployment rate
▪️Tether mints an additional 1B USDT on the ETH network

❇️Top Gainers/Losers:
🟢$JASMY   42%   🔴$KAIA 16%
🟢$RENDER 17%    🔴$MKR 11%
🟢$WLD 16%    🔴$QNT 10%

🆕Hot News:
- Former CEO of Celsius Mashinsky pleads guilty in fraud case in the U.S.
- Tether launches WDL, a tool for developing Tether and Bitcoin wallets
- PCS launches SpringBoard - An all-in-one platform for creating and launching project tokens on the BNB Chain
$BTC $BNB #SpringBoard

♨️PancakeSwap launches SpringBoard: A zero-fee token launch and distribution platform on BNB Chain.
⏰Wednesday, December 04, 2024

Introducing @PancakeSwap SpringBoard—an all-in-one platform that lets developers, creators, and projects easily create and launch their project’s tokens on BNB Chain, with no coding required.
$BNB
▪️No Coding
▪️Zero Launch Fee
▪️Multi-Token Pairings
▪️Boost Liquidity with CAKE

The recent surge in BNB and $CAKE prices can be attributed to the unveiling of #SpringBoard, a groundbreaking initiative by @PancakeSwap. Operating on a similar principle to Pump Fun, SpringBoard is poised to facilitate the creation of memecoins, a catalyst that previously propelled Solana's ecosystem to new heights. The effectiveness of Pump Fun is evident in today's record-breaking trading fee of 100k SOL ($24M).

PancakeSwap's SpringBoard differentiates itself through the strategic utilization of CAKE to provide robust liquidity for a select group of projects. These chosen projects will be incentivized with CAKE rewards for their liquidity pools (LPs). The allocation of $CAKE will be directly proportional to organic trading volume, with projects demonstrating superior trading activity and community engagement receiving a multiplier. Furthermore, SpringBoard's scope extends beyond memecoins to encompass the broader #DeFi landscape.

This development marks a significant turning point following the return of @cz_binance. The shortcomings of #BSC are gradually being addressed. We can anticipate a resurgence of BNB Chain to its previous zenith during the preceding uptrend cycle. BNB's momentum post the 2020 #DeFiSummer was heavily reliant on Binance initiatives such as #Launchpool, #Megadrop, and #AirdropHodler, with a notable absence of contributions from the broader @BNBCHAIN ecosystem.

Should PancakeSwap's SpringBoard prove successful, we can confidently project that $BNB will soon breach the $1000 threshold and $CAKE will reclaim its all-time high.
#SpringBoard #PancakeSwap

🆕24h Crypto Market Overview: BNB Returns to ATH, Closer to Solana's Top 5 MC
⏰Wednesday, December 04, 2024

♨️Overview:
Bitcoin was volatile in the first trading session of the week when it fell to 94k3 before recovering to the 96K area when there was news of martial law in Korea, but not long after that, martial law was lifted and the market returned to the price before the news. Exchanges in Korea, which were unexpectedly priced lower than the global market when they were sold off, also recovered this morning. The most notable thing in the last session was that $BNB returned to ATH even though MC was still behind Solana and Ripple.

On a macro level, this week will have important news from the Non-farm payroll and US unemployment rate. Before that, you should also pay attention to the speech of the Fed Chairman

♨️ETF Updating (03/12/24):
💰Bitcoin ETF Spot: 🟢$7.8M 
🔹Etherium ETF Spot: 🔴$6.4M

🎯Weekly Highlights:
▪️Thursday: Fed Chairman speaks at 01:45
▪️Saturday: US releases Non-farm payroll and unemployment rate
Ripple surpasses SOL's capitalization, becoming the 4th largest coin by capitalization, after Tether.

❇️Top Gainers/Losers:
🟢$RSR   128%  🔴$KAIA 18%
🟢$TRX 45%     🔴$XRP 8%
🟢$NEO 38%     🔴$NUT 6%

🆕Hot News:
- Trump nominates crypto-pro-life Paul Atkins for new SEC Chair👉UnchainedCrypto
- Former Celsius CEO Mashinsky pleads guilty in US fraud case👉Bloomberg
- Grayscale files for Solana ETF via NYSE, which is converted from Grayscale Solana Trust👉NYSE
- Pantera Capital raises $20M to support blockchain-linked Telegram👉DLNews
========================================#altsesaon

🆕Overview of the crypto market 24h: DOM decreases and the recovery of Altcoin
⏰Tuesday, December 03, 2024

♨️Overview:
Bitcoin has been volatile in the early week trading session, dropping to 94k3 before recovering to the 95K7 region. With DOM decreasing, this is also an opportunity for Altcoin, but the growth is not evenly distributed and is heavily skewed towards influential coins in the US such as $XRP, $AVAX, $LINK, $HBAR... Especially, Ripple has surged strongly, taking the top 3 MC in just a few days. Bitcoin ETF funds are trading again with a relatively small outflow of funds

On a macro level, this week will have important news from the Non-farm report and the unemployment rate in the US. Prior to that, it is also worth noting the speech of the FED Chair

♨️ETF Updating (02/12/24):
💰Bitcoin Spot ETF: 🔴$9.2M 
🔹Ethereum Spot ETF: 🔴$44.4M

🎯Highlight of the week:
▪️Thursday: FED Chair speaks at 01:45
▪️Saturday: US announces Non-farm report and unemployment rate
Ripple surpasses SOL in market capitalization, becoming the coin with the 4th highest market cap, after Tether.

❇️Top Gainers/Losers:
🟢$KAIA 54%     🔴$AIOZ 12%
🟢$HBAR 45%     🔴$CORE 10%
🟢$LINK 31%     🔴$PEPE 9%

🆕Hot News:
- Coinbase's policy director: Trump will soon pass crypto laws and the US will have the largest crypto-supporting Congress ever👉CNBC
- CZ says he will not refuse Trump's pardon, but does not want to become the CEO of Binance again👉CZ
- Michael Saylor told Microsoft shareholders that Bitcoin is the best asset Microsoft should own. It is expected that after this meeting, Microsoft will vote on whether to purchase BTC reserves or not👉TheBlock
==========================
#altsesaon

🆕24h Crypto Market Overview: DOM Down and Altcoin Recovery
⏰Monday, December 01, 2024

♨️Overview:
Bitcoin closed the monthly candle with a 43% increase, sideways with a small amplitude in the weekend trading session, giving some Altcoins a chance to grow strongly. ETH's recovery to the 3k7 area has made the community talk a lot about the coming Altcoin season. For the first time since its launch, ETH inflows reached a record high of $332M, surpassing BTC inflows during the day.

On a macro level, this week will have important news from the Non-farm payroll and US unemployment rate. Before that, you should also pay attention to the speech of the Fed Chairman

♨️ETF Updating (11/29/24):
💰Bitcoin ETF Spot: 🟢$320M 
🔹Etherium ETF Spot: 🟢$332M

🎯Weekly Highlights:
▪️Thursday: Fed Chairman speaks at 01:45
▪️Saturday: US releases Non-farm payroll and unemployment rate
Ripple surpasses SOL's capitalization, becoming the 4th largest coin, after Tether.

❇️Top Gainers/Decliners:
🟢$HBAR  28%     🔴$CORE 15%
🟢$AIOZ 23%     🔴$THETA 7%
🟢$EOS  17%     🔴$WLD 6%

🆕Hot News:
- Binance is recognized by Fast Company as one of the 4 most innovative companies in finance and financial technology in 2024👉Binance
- BlackRock's BUIDL fund is expected to provide more than 90% of the funding to support the USDtb stablecoin launched by Ethena and Securitize👉TheBlock
- Russia will have a tax law on crypto trading from 13-15%, recognizing crypto as property and exempting VAT on BTC mining activities👉BitcoinNews
- New York is expected to accept Ripple to issue stablecoin👉Foxbusiness
==========================
#altsesaon

🆕24h Crypto Market Overview: DOM Decreases and Altcoin Recovery
⏰Friday, November 29, 2024

♨️Overview:
Bitcoin recovered from the 90K zone to 96K and sideways in this zone, DOM decreased, creating an opportunity for Altcoin to recover. Most impressively, ETH maintained the 3k6 zone, helping the market expect to see ETH set an ATH soon. Cash flow from Bitcoin ETF funds showed signs of recovery after the first 2 days of the week witnessed outflows, cash flow from ETH ETF funds also partly reflected the current price of ETH, although it was still under great selling pressure from the ETH team.

On a macro level, the US economy is still stable when Q3 GDP is expected to be 2.8%, but PCE seems to be stagnant and has not continued to decrease to 2% as expected by the FED.

♨️ETF Updating (11/28/24):
💰Bitcoin ETF Spot: 🟢$0M 
🔹Etherium ETF Spot: 🟢$0M

🎯Weekly Highlights:
▪️Friday: EU releases CPI, Chicago PMI
▪️Saturday: China factory PMI.

❇️Top Gainers/Decliners:
🟢$WLD  18%     🔴$UNI 5%
🟢$FET 14%     🔴$LDO 5%
🟢$ALGO 12%     🔴$FTM 5%

🆕Hot News:
- Stablecoin market hits $200B, surpassing $190B since Terra collapsed👉Bloomberg
- Coinbase will not support Celo's upcoming migration from L1 to L2 in Optimism's Superchain ecosystem.👉TheBlock
- Binance will delist GFT, IRIS, KEY, OAX, REN from 10/12/2024👉Binance
- Russia will have a tax law on crypto trading from 13-15%, recognizing crypto as property and exempting VAT on trading activities BTC Mining👉BitcoinNews
- Court Dismisses Charges Against Tornado Cash 👉CTFAsset
#altsesaon #MakeBscGreatAgain

🆕Overview of the crypto market 24h: DOM decreases and Altcoin recovery
⏰Thursday, November 28, 2024

♨️Overview:
The latest FOMC meeting minutes indicate that if the inflation reduction process stagnates, the FED will be more cautious in cutting interest rates. Almost all participants believe that the risks to employment and inflation remain relatively balanced. The market's liquidity supply has rebounded strongly after 2 years since the FTX collapse, showing that the market is becoming increasingly mature and robust. Notably, the inflow into ETH ETF has recorded continuous inflows of over $170M in 4 days, reflecting the impressive recovery of ETH at this time.

On the macro front, the US will announce GDP, PCE, and Core CPC on Wednesday.

♨️ETF Updating (27/11/24):
💰Bitcoin Spot ETF: 🟢$14.8M
🔹Etherium Spot ETF: 🟢$37.3M

🎯Focus of the week:
▪️Wednesday: Announcement of FOMC meeting minutes, Q3 GDP, PCE and Core PCE
▪️Thursday: Announcement of FOMC meeting minutes
▪️Friday: EU announces CPI, Chicago PMI
▪️Saturday: China manufacturing PMI.

❇️Top Gainers/Losers:
🟢$ENS 50% 🔴$INJ 13%
🟢$UNI 24% 🔴$XMR 12%
🟢$ENA 18% 🔴$OM 11%

🆕Hot News:
- 21Shares launches ETP products for PYTH, ONDO, RNDR, and NEAR👉21Shares
- OpenAI receives a $1.5B investment from Softbank👉CNBC
- Binance will delist GFT, IRIS, KEY, OAX, REN from 10/12/2024👉Binance
- CZ calls for the development of Dapps with real-world applications using blockchain instead of developing memes as currently done👉CZ
- Court dismisses charges against Tornado Cash 👉CTFAsset
#MakeBscGreatAgain

🆕24h Crypto Market Overview: DOM Decreases and Altcoin Recovery
⏰Wednesday, November 27, 2024

♨️Overview:
Bitcoin continues to undergo a trading adjustment toward the 90K region and recovers toward 92K alongside an increase in DOM, causing the Altcoin market to be on fire after a quite explosive weekend trading session. There is no FUD, but this adjustment could help the market become healthier since Bitcoin has increased rapidly in the past. Even in a bullish market, a correction of up to -30% can completely occur. Bitcoin ETF funds, after a record buying week totaling $3.1B, have had 2 consecutive selling sessions.

Regarding macro, the minutes of the Federal Open Market Committee (FOMC) meeting provide a detailed account of the policy-setting meeting held about three weeks prior, with GDP, PCE, and Core CPC announced on Wednesday.

♨️ETF Updating (26/11/24):
💰Bitcoin Spot ETF: 🔴$31.3M
🔹Ethereum Spot ETF: 🔴$3.8M

🎯Weekly Highlights:
▪️Wednesday: FOMC meeting minutes release, Q3 GDP, PCE and Core PCE
▪️Thursday: FOMC meeting minutes release
▪️Friday: EU CPI, Chicago PMI release
▪️Saturday: China manufacturing PMI.

❇️Top Gainers/Losers:
🟢$LDO 14% 🔴$XTZ 13%
🟢$AAVE 6% 🔴$KAIA 12%
🟢$ARB 6% 🔴$MANA 11%

🆕Hot News:
- Thena is Binance's second Airdrop project for Hodlers after Banama👉Binance #BinanceHODLerTHE
- MicroStrategy purchased an additional 55.5k BTC at a price of ~97K8👉Michael Saylor
- Binance will delist GFT, IRIS, KEY, OAX, and REN from 10/12/2024👉Binance
- CZ calls for the development of Dapps with practical applications using blockchain instead of developing memes as currently done👉CZ
- LimeWire has introduced a decentralized file sharing feature based on BNB Greenfield👉Cointelegraph

🆕Overview of the crypto market in 24h: DOM decreases and the recovery of Altcoins
⏰Tuesday, November 26, 2024

♨️Overview:
Digital asset investment products have seen the largest weekly inflow in history, with a total value of $3.13B, bringing the total inflow since the beginning of the year to a record $37B. Bitcoin saw an inflow of $3B while Ethereum saw an inflow of $2.3M. ETH was the highlight in the recent trading session despite Bitcoin having strongly corrected from 99K to the 93K range, but ETH maintained its recovery to the 3k4 range, opening up significant potential for an Altcoin Season explosion if ETH breaks its ATH.

On a macro level, the minutes from the Federal Open Market Committee (FOMC) meeting provide a detailed account of the committee's policy-setting meeting held about three weeks ago, with GDP, PCE, and Core PCE announced on Wednesday.

♨️ETF Updating (25/11/24):
💰Bitcoin Spot ETF: 🟢$0M
🔹Ethereum Spot ETF: 🟢$0M

🎯Weekly Highlights:
▪️Wednesday: FOMC meeting minutes, Q3 GDP, PCE and Core PCE announcement
▪️Thursday: FOMC meeting minutes announcement
▪️Friday: EU CPI, Chicago PMI announcement
▪️Saturday: China manufacturing PMI.

❇️Top Gainers/Losers:
🟢$LDO 14% 🔴$XTZ 13%
🟢$AAVE 6% 🔴$KAIA 12%
🟢$ARB 6% 🔴$MANA 11%

🆕Hot News:
- Binance Labs invests in Kernel, a restaking platform on the BNB Chain👉Binance Labs
- Kraken, the second-largest CEX in the US (after Coinbase), will list BNB, opening up opportunities for BNB to access the lucrative US market👉Kraken
- MicroStrategy buys an additional 55k5 BTC at a price of ~97K8👉Michael Saylor
- Binance opens futures trading for WHY and CHEEM, two meme projects on the BSC👉Binance
#altsesaon

🆕Crypto Market Overview 24h: Bitcoin New ATH 98K5, Solana Slightly Touches ATH and Says Goodbye to Garry Gansler
⏰Friday, November 22, 2024

♨️Overview:
Bitcoin had another explosive trading session with a new ATH at 98K45, and at this level, DOM showed signs of decline, creating conditions for many Altcoins to make impressive recoveries. Especially, ETH, which had been suppressed for a long time, exploded back to the 3K3 range, generating great optimism within the Altcoin holding community.

On a macro level, Trump is gradually fulfilling his promise to bring Bitcoin into the store of value, while the current SEC Chairman Garry Gansler announced he would resign on the day Donald Trump takes office (January 20, 2025).

♨️ETF Updating (November 21, 2024):
💰Bitcoin Spot ETF: 🟢$67.2M
🔹Ethereum Spot ETF: 🔴$28.3M

🎯Weekly Highlights:
▪️SEC Chairman resigns on the day the new President takes office.
▪️SEC delays CBOE options on spot Ethereum ETF.
▪️Trump considers crypto lawyer Teresa Goody Guillén for SEC Chair.
▪️Satoshi Nakamoto becomes the 18th richest person in the world when BTC hits 98K.

❇️Top Gainers/Losers:
🟢$OP 26% 🔴$PNUT 6%
🟢$ARB 16% 🔴$QNT 2%
🟢$ENA 13% 🔴$AIOZ 2%

🆕Hot News:
- FTX plans to refund ~$16.5B to users starting in March next year. Detailed timing will be announced at the end of December👉DLNews
- DWF Labs injected $20M into meme👉DLNews
- Justin Sun spent $6.24M to purchase the infamous banana duct-taped artwork by Maurizio Cattelan, Comedian👉TheCrypt
- Total assets in Bitcoin ETFs reached $100B since launch in January 2024👉Bloomberg

🆕Crypto Market Overview 24h: New ATH 94K6
⏰Thursday, November 21, 2024

♨️Overview:
Bitcoin had another explosive trading session, setting a new ATH at a price of 94K4 along with an increase in DOM, causing the overall Altcoin market to turn red. Bitcoin set a record for daily trading volume at $117B.

On a macro level, macro news continues to support Bitcoin. Trump has also presented a plan for Bitcoin that he supports, which includes the US government buying 200K BTC each year for 5 years and storing it for at least 20 years. Perhaps this is the reason why the flow of money continues to pour in here.

♨️ETF Updating (11/19/24):
💰Bitcoin Spot ETF: 🟢$9.2M
🔹Ethereum Spot ETF: 🔴$16.3M

🎯Week Highlights:
▪️SEC approves 7RCC spot Bitcoin and Carbon Credit Futures ETF
▪️SEC delays CBOE options on spot Ethereum ETF
▪️Trump considers crypto lawyer Teresa Goody Guillén for SEC Chair.
▪️Tether mints an additional 1B USDT, raising total market capitalization to $128B.

❇️Top Gainers/Losers:
🟢$ADA 12% 🔴$GOAD 17%
🟢$FLOKI 9% 🔴$PNUT 16%
🟢$XLM 8% 🔴$BEAM 11%

🆕Hot News:
- Valantis Labs raises $7.5M from Cyber Fund, Kraken Ventures, increasing its valuation to $40M. Valantis is confident in providing trading modules for Dex better than Uniswap👉Theblock
- DWF Labs pumps $20M into meme👉DLNews
- Coinbase launches a 4.7% interest rate for USDC holders👉TheBlock
- Trump considers creating an official role at the White House👉Bloomberg
#BitcoinStrategy

🆕24h Crypto Market Overview: New ATH 93K9
⏰Wednesday, November 20, 2024

♨️Overview:
Digital asset inflows hit $2.2B last week, bringing the yearly inflow to a record $33.5B, with AuM hitting a new high of $138B. Bitcoin saw $1.48B inflows while Ethereum recovered with $646M inflows. Bitcoin had an explosive trading session when it set a new ATH at 93K4 along with rising DOM, causing the Altcoin market to be all red, although BTC remained green after adjusting from 92K9 to 92K.

On a macro level, there was not much major news this week that could impact the market.

♨️ETF Updating (11/19/24):
💰Bitcoin ETF Spot: 🔴$0M 
🔹Etherium ETF Spot: 🔴$0M

🎯Weekly Highlights:
▪️SEC approves 7RCC spot Bitcoin and Carbon Credit Futures ETF
▪️SEC delays CBOE options on spot Ethereum ETF
▪️Trump considers crypto lawyer Teresa Goody Guillén for SEC Chair.

❇️Top Gainers/Decliners:
🟢$AKT    12%     🔴$XTZ  13%
🟢$KAIA  10%     🔴$KAS  8%
🟢$BONK  8%      🔴$ENA  7%

🆕Hot News:
- Michael Saylor buys another 51k78  BTC  (~4.6B) at an average price of 88K6👉Saylor
- Vitalik's wallet transfers 32 ETH to Base to mint 400 PatronNFTs👉Peckshield
- PumpFun has earned over 1.3M SOL since launch and has sold over 2/3👉Solscan
- Paxos receives full license in Finland and EU after acquiring Membrane Finance👉Paxos

🆕24h crypto market overview:
⏰Monday, November 18, 2024

♨️Overview:
Bitcoin sideways with lower amplitude in the weekend trading session but the whole market is almost in a slight downtrend. However, zooming out to the 7-day frame, we can see the strong recovery trend of the top coins. $SOL maintains #PennsylvaniaBitcoinReserve #USUALonLaunchpool&Pre-Market position 4 MC pushes $BNB to 5th position but may continue to be threatened by $XRP when XRP increases 81% in the past 7 days. Other L1s such as ADA, SUI, NEAR also have strong recovery. Bitcoin ETF funds in the last 2 trading sessions of the week had an outflow of more than $700M, which also partly reflects the adjustment of Bitcoin from 93K to 89K as it is now.

On a macro level, this week did not have much big news that could impact the market.

♨️ETF Updating (11/15/24):
💰Bitcoin ETF Spot: 🔴$370M 
🔹Etherium ETF Spot: 🔴$59.8M

🎯Weekly Highlights:
▪️SEC approves 7RCC spot Bitcoin and Carbon Credit Futures ETF
▪️SEC delays CBOE options on spot Ethereum ETF
▪️Total crypto market cap surpasses $3 trillion

❇️Top Gainers/Decliners:
🟢$OM   58%     🔴$FLR  140%
🟢$RAY  24%     🔴$SAND  10%
🟢$BONK  13%     🔴$QNT  110%

🆕Hot News:
- BONK meme proposes token burn to help price jumps over 15%👉Coindesk
- Pennsylvania House of Representatives introduces legislation allowing the state to hold Bitcoin as a reserve asset👉Eleanor Terrett
- Usual's 61st Launchpool is on its last day. Pre-market listing at 5pm tomorrow👉Binance
- MicroStrategy has $4.25B in debt, $43B in stock, and $17B in bitcoin holdings👉Bitmex