For the last few years, experts have been saying that the world is approaching another global recession, that the economic situation may deteriorate, as it resembles what economists saw at the end of 2008: high volatility in the markets, overbought, overvalued assets, the so-called bubble in the market. As a result, corresponding expectations have formed: the 'bubble' will burst, assets will fall sharply in price, a global recession will begin, and possibly stagflation, during which economic growth will slow down. Many see the crisis in the US economy as the trigger for such a scenario.
Alternative Source of Coins: Pros and Cons of OTC Trading
The OTC market has been on a roll in recent months. Donald Trump's election victory in the US has spurred investor interest in cryptocurrencies, and they are now taking every opportunity to add to their digital holdings.
How to usually buy cryptocurrency There are many ways to buy cryptocurrencies. The simplest and most common is cryptocurrency exchanges, where users trade coins among themselves at the market price. But all this happens within the framework of the trading platform, which may not suit everyone. Many people do not want to trust exchanges with their assets, since there is always a risk of hacking.
BTC dominance has tested the marked level of 58.5% and we immediately saw a reaction from it. Next, I expect the dominance to continue to decline. This test made the further decline more confident and more obvious. So, in the near future, we will see a quick approach to 55%$BTC
🇷🇺 Siluanov answered the question about cryptocurrency reserves
Cryptocurrency is too volatile a tool to consider it as a reserve asset in the National Wealth Fund (NWF), said Finance Minister Anton Siluanov while giving a lecture to students at the Financial University under the Government of the Russian Federation:
Well, you know, maybe someday, of course, we will get to that. Americans are talking about it now, that reserves need to be held in crypto. But since crypto is a very volatile instrument, investing state money into something uncertain about what will happen to it tomorrow is probably dangerous. And we simply won’t be understood here.
Noting the growth of Bitcoin in 2024, he emphasized that there is also a "reverse risk". In this case, it is better for the state to "earn a little less but keep the powder dry".
"Therefore, today such investments in crypto, I believe, are unjustified. What will happen in 5-10 years - we will see. But cryptocurrencies today, I repeat, are less predictable than other commonly accepted assets," concluded the minister.$BTC $ETH
⏺327 CEOs of companies in the USA resigned in 2024 in anticipation of Trump coming to power, - FT
The wave of resignations affected several large corporations, including Boeing, Intel, and Nike. The reason for the mass layoffs was Trump's statements about plans to increase import duties on foreign goods, which could disrupt global supply chains. $BTC $ETH
🐂 Santiment: Traders are bullish again, and speculation about $110k is becoming increasingly common. Historically, we will see BTC at $110k only when the crowd does not expect it.$BTC $ETH
🔄Sonic Labs launches FTM to S token exchange via new Gateway
Now users can exchange FTM from the Ethereum network for Sonic S tokens at a 1:1 ratio. The Gateway also supports EURC, USDC, and WETH, providing fast and secure transactions
🔥 With innovative features such as "Fast Lane" for instant processing and asset protection mechanisms, Sonic Labs sets new standards for speed and security in the blockchain world $FTM $USDC
🤔 TradFi investors will trigger the growth of the crypto market capitalization from $3.5 trillion to $100 trillion - forecast of the founder of Artemis
"Fidelity, Blackrock and other giants are already launching crypto ETFs and creating various instruments for investing in digital assets. Stripe and Visa could become the largest beneficiaries of crypto payment rails, as they develop alternative ways to transfer money. Cryptocurrency is becoming more popular, and TradFi plays a direct role in this, forming a new global financial system."
$OM $PEPE $WIF 🚀 Bitcoin is behind: Top 5 altcoins with phenomenal growth in 2024 🔥
The outgoing year was successful for the crypto market, where many altcoins significantly surpassed the leader — Bitcoin. Among them, five coins stand out, showing colossal growth.
Mantra (OM) is the absolute leader with growth of more than 6300%. The developers present OM as a secure network for tokenization of real assets, targeting the Middle East market.
Pepe (PEPE) is the second-largest memecoin with an increase of 1300%. This token managed to gain popularity thanks to memes and active support from influencers.
dogwifhat (WIF) is third on the list with growth of more than 1200%. A memecoin that quickly gained popularity thanks to the excitement around cryptocurrencies and was included in the listings of popular exchanges.
Bitget Token (BGB) — shows growth of 870%. The Bitget crypto exchange token successfully competes with its peers, offering support to projects related to the TON ecosystem.
Sui (SUI) — closes the top with growth of 430%, thanks to its high-performance blockchain platform for decentralized applications.
2024 is becoming the year of altcoins, and their success inspires traders to make new investments.
$ETH CF Benchmarks anticipates a swift reallocation of capital in the spot cryptocurrency fund market
By 2025, the landscape of the spot cryptocurrency fund market may change drastically. According to CF Benchmarks, investment consultants may become the main players in this field, displacing hedge funds.
Since January 2023, the American market has actively begun offering tools for investing in Bitcoin without physical storage. Over the past year, the capital volume in Bitcoin ETFs has grown to $36 billion, with hedge funds and investment consultants already holding significant shares: 45.3% and 28% respectively. By 2025, their influence may double.
Interest in Ethereum ETFs and the tokenization of real assets will also increase, leading to a higher demand for SOL. At the same time, competition among stablecoins will intensify: the RLUSD and USDG tokens may challenge the dominance of USDT.
These changes in the market promise to be an exciting spectacle, full of new opportunities and unexpected turns.