The 20EX Project (20EXCHANGE) is a global trading aggregation protocol that integrates various decentralized finance (DeFi) protocols to provide efficient, secure, and convenient cross-chain trading solutions. The project focuses on connecting liquidity from Layer 1/Layer 2 blockchain ecosystems, BRC-20 token standards, Lightning Network$ETH #etherreum

The current sentiment of the cryptocurrency market on December 6, 2024, is trending positively, with several indicators and forecasts pointing to strong growth. Key indicators such as the **Fear and Greed Index** all show a "greedy" sentiment in the market, with a score of 84/100, indicating the excitement of investors. Similarly, data from CoinCodex shows that the market is maintaining a strong upward trend with low price corrections, reflecting confidence in stable growth.

Notable coins such as **SUI**, **APT**, and **FTM** are showing strong development signs, thanks to token unlock events or technical upgrades. However, investors should also note that, although the market is in a positive trend, rapid increases can lead to short-term corrections, especially if there is significant selling pressure.

In conclusion, the current market sentiment is "bullish" but also carries caution regarding the potential for short-term corrections in the context of the strong growth of altcoins.

Currently, the cryptocurrency market has some notable hotspots:

Trends of prominent coins in December 2024:
Qubetics ($TICS) is attracting significant attention with over $4.3 million raised in the presale phase. This is an ecosystem focused on cross-border payment solutions, with the token price increasing by 10% every week, considered to have very high ROI potential.
Toncoin (TON) continues to score points thanks to its integration into messaging applications like Telegram, serving small transactions and in-app purchases.
Memecoin makes a strong comeback:
Pepe Unchained ($PEPU) and DOGE² are two standout projects in the recent memecoin wave, with strong growth potential thanks to the application of Layer-2 Ethereum technology and high staking profit opportunities.
Attention to stablecoins and investment safety:
Tether (USDT) still plays an important role in defensive investment strategies, especially when the market is highly volatile.
Additionally, analysts also recommend caution against risks from memecoins or new projects in the presale phase. You should conduct thorough research before investing to avoid projects lacking transparency.

Pump.fun is a trading platform focused on creating and trading meme coins (a type of cryptocurrency based on memes and internet culture). Below are some highlights of this platform:

Quick Meme Coin Creation
Pump.fun allows users to create meme coins for a small fee (around 0.02 SOL) and does not require initial liquidity provision. This makes it easy for newcomers to participate​



Investor Protection Mechanism
The platform employs protective mechanisms to prevent fraudulent activities such as "rug pull" (liquidity withdrawal). A portion of liquidity will be locked or burned when the token reaches a certain market cap, helping to maintain fairness and sustainability​

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High Entertainment Value
Pump.fun combines cryptocurrency trading with entertainment value. This platform integrates tools such as live streaming to enhance community interaction and attract users​

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High Risk
Although some meme coins on Pump.fun have reached significant market caps, most tokens on this platform quickly lose value after launch. Investment should be carefully considered due to high volatility and significant risks​

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Should You Invest?
Pump.fun is an attractive platform for those looking to experiment with creative meme coin projects. However, due to high risks and the unstable nature of meme coins, this is not a safe choice for those seeking long-term or low-risk investments. If you decide to participate, be sure to research each project thoroughly, only use a small amount of capital, and prepare mentally for both high profits and significant losses​

The trends in the cryptocurrency market for 2024 are being shaped by several important factors, from the Bitcoin Halving event, advancements in blockchain technology, to changes in the global legal and financial environment:
Bitcoin Halving event (April 2024): This is a significant milestone, reducing the Bitcoin mining reward, creating a scarcer supply, and is often expected to drive Bitcoin prices higher. Experts predict that Bitcoin could reach a new all-time high by the end of 2024, with a potential price exceeding $100,000.
Growth of new generation blockchains: Ethereum continues to lead with improvements such as EIP-4884 (Proto-danksharding), while other blockchains like Solana, Toncoin, and Avalanche stand out with fast speeds, low costs, and diverse applications. Solana is attracting attention due to better integration with DeFi and NFT systems.
Revival of the NFT market: After a period of decline, the trading volume of NFTs has rebounded strongly, especially Bitcoin-based NFTs (Ordinals). This indicates a renewed interest in unique digital assets.
Integration of DeFi and KYC: Many decentralized finance (DeFi) platforms like Uniswap are integrating Know Your Customer (KYC) verification tools to attract capital flows from large financial institutions, although this has sparked controversy within the community【29】.
Growth of stablecoins: The supply of stablecoins has increased again, signaling the return of new capital flows into the cryptocurrency market, a positive sign for the entire industry.
Interest from large financial institutions: With the approval of Bitcoin ETF funds in the U.S. and more transparent regulations.

Market brief Tuesday - January 9
+ Bitcoin surpasses $47K mark for the first time since December 2021, US stocks are also glowing green + 10 Wall Street giants update fee schedule for Bitcoin spot ETF
+ Pantera wants to pour $200M into Bitwise ETF if approved
+ Standard Chartered estimates that about $50 - $100 billion will pour into Bitcoin ETF this year, paving the way for BTC to reach $200K by the end of 2025
+ SEC Chairman Gary Gensler warns that Crypto is full of risks and scams ahead of the Bitcoin Spot ETF
+ Ronin (RON) launches Mavis Store game items store - 0.5% of revenue will return to HST Ronin
+ Layer 3 gaming Xai (XAI) will list Binance at 5pm this afternoon + Open Campus (EDU) deploys $10M fund, soon to launch Open Campus ID decentralized identity
+ Apple sets February 2 to release Vision Pro glasses
+ CFTC promotes anti-money laundering and digital identity mechanisms in DeFi

Market Brief Monday - January 8
+Bitcoin below $44k, altcoins are booming to start the new week
+ Bitcoin ETF: Institutions have until 8pm tonight to submit amendments; BlackRock expects SEC approval on Wednesday, January 10
+ Non-profit organization Better Markets calls on SEC to reject ETF because of Bitcoin's high volatility risk
+ MangoFarmSOL on pocket Solana, the first carpet pulling project in 2024
+ Luke Dashjr's idea to remove Inscriptions/BRC-20 was canceled due to lack of support from the community
+ 6,300 businesses accept Bitcoin payments, nearly tripling by 2023
+ Vitalik Buterin gives investment advice: "Never use leverage more than twice"
+ Token Unlock: - GMT unlocks 31.6 million USD tokens ~ 11% of circulating supply on January 9 - APT unlocks 205 USD tokens ~ 8.05% of circulating supply on January 12 - CYBER unlock 8.2 million USD tokens ~ 8.51% circulating supply on January 14 + US releases December consumer price index inflation at 8:30pm Thursday - January 11 - CPI Y/Y (Forecast = 3.2%, old month = 3.1%) - Core CPI Y/Y (Forecast = 3.8%, old month = 4.0%)

Arbitrum Orbit supports select ERC-20 tokens as transaction fees

The new feature helps increase the token utility of projects on Arbitrum Orbit, thereby expanding the ecosystem.

On January 4, Arbitrum Orbit announced that it would allow developers to build layer3 blockchains on the network using a number of ERC-20 tokens (that fully meet the technical criteria) as transaction fees.

Notably, the option to use custom ERC-20 tokens to pay gas fees will help increase the token utility of projects on Arbitrum Orbit, thereby expanding the ecosystem.

In this regard, David Dennis, product marketing lead at Offchain Labs, the main developer of Arbitrum, explained: “Arbitrum's support for custom gas tokens is intended to meet the wishes of projects collaborating with Arbitrum, thereby contributing to promoting development projects and expanding the ecosystem. For example, a game wants to have an in-game economic model but still wants to build on top of Arbitrum and Ethereum.”

Previously, the Orbit chain could only use ETH as a gas token.

Arbitrum Orbit chains

Immediately after announcing the new gas token support feature, Xai Gaming was the first project to use it. It is known that in June 2023, Xai cooperated with Arbitrum to develop the Orbit chain and host games of web3 game publisher Ex Populus. Team Ex Populus has experience working from game companies such as Pixar, Ubisoft and Activision Blizzard.

NEW YORK - Bitcoin has staged a remarkable recovery after a significant sell-off that wiped out leveraged positions totaling more than $700 million. The resurgence in cryptocurrency values ​​comes amid a spike in social media activity encouraging investors to "buy the dip," signaling bullish sentiment in the market.

Data provider Blockchain Santiment reported an increase in this trend, highlighting the optimistic market reaction despite the initial drop in Bitcoin price. The enthusiasm is further evidenced by the growing interest in Bitcoin call options on the Deribit exchange.

This shows that traders are eyeing potential profits, even as concerns emerge about the possibility of the US Securities and Exchange Commission (SEC) rejecting spot Bitcoin ETF applications.

BORK fever on Solana

According to the latest data from blockchain analytics platform Lookonchain, one trader generated approximately 2,250 SOL, or $245,000, within 5 days, from an initial investment of just 4 SOL.

This trader discovered BORK, a memecoin on the Solana blockchain, within 10 minutes of opening the trade. Using 4 SOL, he bought 1.2 billion BORK and then sold 888 million coins for 1,454 SOL.

As of now, that address still holds 311.4 million BORK, worth about 800 SOL. This comes as BORK surged over 600% today alone amid memecoins on the Solana network.

Solana memecoins like doggo also grew
The memecoin craze has triggered profit-taking from early investors in these projects. It is likely that they are taking significant profits from their initial position as the price rises.

This is supported by another observation from Lookonchain, which shows that a smart trader traded 27 memecoins on the layer 1 blockchain in 11 days, 21 of which were profitable. He won a total of nearly $77,700, with a win rate of 78%.

Last month, another Solana investor reaped nearly $2 million in profits by investing in another memecoin for just 1.5 SOL, according to Lookonchain. This individual discovered Silly Dragon (SILLY), a memecoin whose mascot is a funny dragon.

Within 5 minutes of SILLY entering the market, traders exchanged 1 SOL, worth about $62 at the time, for 43 million SILLY tokens. Over the next 22 days, the token's value increased by around $2 million as SILLY reached a new high, recording a market capitalization surpassing the $123 million mark.

AI token market capitalization skyrocketed 540% in less than a year.

The sector of the crypto economy dedicated to artificial intelligence (AI) is expanding day by day, and in the past 34 days, as of November 29, 2023, the market capitalization of crypto assets concentrated focus on AI increased by 1.75 billion USD. The majority of the top 10 AI tokens have seen significant growth, with more than half recording double-digit growth. Notably, The Graph (GRT) is the leading AI token with an increase of 40.73% compared to the previous month.

AI cryptocurrency market capitalization increases to $7 billion

The past year marked a pivotal period for AI-driven crypto assets, and as we enter 2024, the market capitalization of the AI-focused crypto industry has reached 7 .04 billion USD. This is a significant growth from the $1.1 billion valuation on January 9, 2023. The figures reveal that, in less than a year, the AI ​​cryptocurrency market has expanded in an impressive 540%, with approximately $1.75 billion of that occurring in the past 34 days from November 29, 2023.

Leading the way in the AI-focused token space is The Graph (GRT), boasting a market valuation of $2 billion. Compared to last month, GRT increased by 25.96%, making it the highest performing token among the top 10 tokens. Fetch (FET) also saw incredible growth, up 34.29% on the month. Meanwhile, AGIX and OCEAN are up 5.85% and 4.45%, respectively, over the past 30 days.

This research paper is so confusing that it is hard to imagine that it was written by an official student of a formal financial institution, to quote a part of the sharding section:

1/ The criterion for judging whether a trader is good or bad is how much money they make when they judge correctly and how much they lose when they judge incorrectly

2/ All our opinions are supported by data, balabala, but we cannot get any data on the upcoming ETF approval

3/ The US SEC (SEC) will approve the listing of BitcoinSpot ETF in the US after a decade of rejection and its discount has dropped to -8%, indicating a 92% chance of price approval

PS: By this logic, if GBTC is at a positive premium of 1%, the probability of price approval is 101%?

Compare investment profits in gold, bitcoin and stocks

Bitcoin's strong increase in recent times has put this virtual currency ahead of traditional assets such as gold and stocks in terms of profitability for investors...

The price of virtual currency bitcoin exceeded 45,000 USD in Tuesday's trading session, marking the first time this price mark has appeared since April 2022 and reflecting investors' optimism about the possibility of US authorities may soon open a bitcoin spot exchange-traded fund (ETF).

Bitcoin's strong increase in recent times has put this virtual currency ahead of traditional assets such as gold and stocks in terms of profitability for investors.

At one point during Tuesday's session, bitcoin's price reached $45,922, its highest in 21 months. Last year, bitcoin increased by 156%, marking the strongest year since 2020. In the fourth quarter of 2023 alone, bitcoin prices increased by more than 50%.

However, the price of the world's largest digital currency still has a long way to go to regain the level of 69,000 USD recorded in November 2021.

At the same time, the price of the world's second largest virtual currency, ether, increased by about 6.3% compared to a week ago, reaching nearly 2,366 USD. Last year, ether increased 91%.

The returns that bitcoin and ether bring to investors in 2023 are both higher than the returns from traditional assets like gold and stocks. Gold prices increased more than 13% last year, while the S&P 500 index of US stocks increased about 24%.

Investor Used Just 1 ETH to Make 275x Returns.

A Mysterious Crypto Whale Has Made a Huge Profit from His Trades on Decentralized Exchanges.

In an incredible trading feat, a crypto whale with the address 0x456 turned 1 Ethereum into a staggering $550,000 in less than three weeks.

This represents a staggering 27,500% return.

Starting with just 1 ETH, 0x456’s initial trades were relatively small and focused on tokens like BONK, CLIPPY, and ZUZU. These trades, which were only executed for a few minutes at a time, allowed him to gradually accumulate small amounts of ETH for larger positions.

When 0x456 bought Morra Games’ MORRA, he was still trying his luck by trading over 50 tokens. This purchase was the whale’s first significant gain. After buying MORRA, he sold it bit by bit over the next week, making a total profit of 17x.

Just two days after the MORRA transaction, 0x456 bought P3PE, a token mentioned in the Euler attacker’s message to the KyberSwap hacker.

He bought 3 ETH of P3PE tokens just two hours after the message was sent. This smart move earned him a 16x profit and nearly $100k.

However, his biggest trade came five days later, when he bought GEC for $6600 when it launched. He has not sold any of those tokens to date and they are now worth over $200k.

0x456 has bought and sold over 300 token pairs to date and currently has a wallet balance of over $550k.

The Layer-2 Arbitrum One network is showing strong growth, becoming the first L2 project with a TVL exceeding the $10 billion threshold. ARB price also just peaked at 1.94 USD after nearly a month of steady increase.
Arbitrum leads the Layer-2 growth wave: TVL surpasses 10 billion USD, ARB price sets ATH
The early days of 2024 are showing the "destructive" power of the Layer-2 wave when most platform coins are skyrocketing.
According to L2Beat, Layer-2 Arbitrum One's TVL has increased nearly 16% to $10.22 billion in just the past 7 days, making its name as the L2 network to break the $10 billion milestone.
Layer-2 projects are ranked according to TVL. Source: L2Beat
Considered a counterweight to Arbitrum One, Op Mainnet (Optimism) also follows closely behind with 6.34 billion USD TVL, recording a growth of nearly 10% in the same time frame.
It can be clearly seen that Arbitrum and OP are almost leading the Layer-2 race in terms of total value locked, when only the TVL of these two networks is up to billions of USD.
The network ranked 3rd has a much more "modest" TVL, with only 748 million USD. However, this is considered a proud achievement for Metis, when it "speeded up" after announcing the growth incentive package, surpassing equally strong competitors such as Base, zkSync Era,...
Returning to Arbitrum, ETH and ARB are the assets holding the largest proportion on the network, 30.9% and 23.68% respectively. Next are stablecoins with nearly 30%.
The ARB token price has also performed equally impressively. ARB is currently trading around 1.89 USD, down slightly after just setting an ATH at 1.94 USD on the morning of January 3, 2024.