- 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)
🔔 MARKET MOVING NEWS! (19/12/24) $BTC 1️⃣ Bitcoin Drops Below $100,000 After Fed Chair Powell’s Comment Against BTC Reserve ▶️
The price of BTC experienced some volatility yesterday, with a short rally and subsequent dip following developments from the U.S. Federal Reserve. Specifically, the price of BTC initially ticked higher immediately after the U.S. Federal Reserve announced a 25-basis point rate cut to its benchmark policy rate on Wednesday. However, the press conference, which was held
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.
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
#CryptoAMA #CryptoUnlock #altcoins #binance Next week features a suite of important events—from Avalanche’s network upgrade and significant token unlocks to the Fed rate decision alongside key US economic data. Here’s what to keep on your radar:
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🔐 December 16 – ARB Token Unlock
Arbitrum (ARB) will unlock 92.65 million tokens, valued at approximately $95 million, representing 2.26% of its circulating supply.
1️⃣ Crypto Exchange Gate.io Dismisses Rumours Of Security Breach ❓
Crypto exchange Gate.io has denied rumours that the crypto trading platform was hacked. Notably, rumours of the alleged security breach began spreading early Friday morning on X and various chat groups on Telegram. However, the rumour did not accompany more details on the attack.
The company stated,
The Gate.io security team has not detected any abnormalities, nor have any security agencies reported issues. Deposits, withdrawa
Binance will offer Vana (VANA) farming on Binance Launchpool as of December 14. Users will be able to stake their BNB, FDUSD to farm VANA tokens over 2 days. 4% (4.8M VANA) of the total token supply to be offered on the platform (85% of the tokens for BNB stakers). Binance will list VANA on December 16th at 10:00 AM (UTC). #CryptoAMA
- $BTC broke $100K, reached $104k before a liquidation cascade to $91k. 4 days later, we got another flush on altcoins too. Funding is now reset after $2bn of long liquidated in 2 days.
- Dino coins have been unstoppable until early December : $XRP reached $290bn FDV, 8x in a month for $HBAR, 2x in a day to $40bn MC for $TRX, $ADA top at $46bn MC...
- DeFi Renaissance : $AAVE $UNI $CRV $SUSHI $CVX have all been pumping. Retail seems to like to buy the future of finance ?
- Metaverse coins ran hard too : $SAND $MANA $GALA
- RWA is another strong normie-friendly narrative : +230% for $ONDO in a month and almost $20bn FDV. $RSR pumped hard on Paul Atkins nomination at the SEC.
- $PEPE reached a new ATH at almost $12bn MC. $MOG too
- Coinbase listed MOODENG, MOG, GIGA, TURBO but overall memecoins have been lagging
- $ETH touched $4k and a few ETH beta coins have been showing strength : $EIGEN $ENS $LDO $SCR $PUFFER
- $HYPE launched at $3bn FDV and reached $15bn FDV in less than 2 weeks
- AI agent sector remains hot : $AI16Z $VIRTUAL $EMP - $ENA has been outperforming => high funding rates flywheel - $SUI and $BNB reached a new ATH - New launches : $CULT $MOVE $ME
1️⃣ Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges 💸 $BTC The Vancouver City Council has reportedly passed a motion to explore integrating Bitcoin into its financial operations, including a possible Bitcoin reserve and payments option. The motion, prepared by Mayor Ken Sim, calls for Vancouver to become a “Bitcoin-friendly city” to safeguard against inflation and currency devaluation. The motion calls for City staff to report back to the Council on the feasibility of a
1️⃣ Ethereum Layer-2 Network Movement Launches MOVE Token With $830 Million Airdrop ☄️
Yesterday, the Movement Network Foundation announced the mainnet beta launch of the Ethereum layer-2 network Movement and its utility token ‘MOVE.’ The Foundation airdropped more than $830 million (based on peak value) worth of MOVE tokens for early users to claim. Specifically, the airdrop provided 1 billion MOVE tokens, around 10% of the total token supply to eligible comm
1️⃣ Cardano Foundation X Account Hacked, Scam Links Posted, Then Removed ‼️
The Cardano Foundation’s X account was compromised by a malicious actor yesterday. The hacker used the account to promote a fake Cardano-branded token on Solana that generated approximately $500,000 in trading volume before crashing by 99%. They also posted a tweet falsely claiming that the Cardano Foundation would cease supporting ADA due to an alleged lawsuit from the Securities and
Next week IN CRYPTO KEY EVVENT TO LOOK OUT FOR 🤓🚀🗞️📊
Next Week in Crypto: Key Events to Watch (Dec 9th - Dec 15th, 2024) 🗓 #CryptoAMA Next week features truly market-moving events—from Magic Eden’s TGE and a Bitcoin-related proposal at Microsoft’s shareholder meeting to major token unlocks and critical US economic data. Here’s what to keep on your radar:
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December 10 – Important Events
💸 Microsoft Shareholder Meeting
At Microsoft's 2024 Annual Shareholders Meeting on December 10, shareholders will vote on a proposal titled "Assessment of
1️⃣ Sky Faces Scrutiny Over Potential $756M Exploit Flaw ❓
An X user reportedly criticised DeFi protocol Sky (formerly MakerDAO) for its reliance on an externally owned account (EOA) to manage $756 million in USDC reserves within its lite peg stability module (PSM). The lite PSM is a mechanism designed to assist Sky in maintaining the peg of its stablecoin to the United States dollar by allowing users to swap the stablecoin for USDC at a fixed rate. The user argued that this custodianship model
Hailey Welch, the “Hawk Tuah” girl, is facing rug pull and insider trading allegations after launching the ‘HAWK’ meme coin on Wednesday evening. For context, Welch’s memecoin climbed to a market capitalization of $490 million within 15 minutes of launch before immediately collapsing over 93% in value. Onchain analysts claim a web of interconnected wallets sold off vast sums of the token as soon as the
1️⃣ Fed Chair Powell Says $BTC Is Like Digital Gold 🔍
At The New York Times-hosted DealBook Summit on Wednesday, Federal Reserve Chairman Jerome Powell reiterated that Bitcoin isn’t a threat to the US dollar but rather a direct competitor to gold.
Powell stated,
People use Bitcoin as a speculative asset. It’s just like gold, only it’s virtual, it’s digital. People are not using it as a form of payment or as a store of value. It’s highly volatile. It’s not a competitor for the dollar. It’s re