$BTC is slowly rising to 95k then stalled dropping back to 92k and then quickly accelerating to 94-95k again. What does this indicate? Preparing for a strong buff up to 100, if it reaches 100 this time, there is a high chance it will break the ATH to 110. At this price, those who haven't netted yet will have to go up to 15x to net.
#NFPCryptoImpact The Impact of NFTs on the Cryptocurrency Market NFTs (Non-Fungible Tokens) are a type of unique, non-fungible digital asset stored on the blockchain1. NFTs have created a new wave in the cryptocurrency market and have had a significant impact on many different fields.
1. Promoting innovation in art and entertainment NFTs have opened up new opportunities for artists and content creators. Instead of relying on intermediary platforms, they can directly sell their works as NFTs, thereby retaining ownership and benefiting from secondary transactions2. For example, the digital painting “Everydays: The First 5000 Days” by artist Beeple was sold for $69.3 million2.
2. Creating a new market for collectors NFTs have created a new market for digital collectors. Collectors can buy, sell, and trade unique digital assets, from artwork to in-game items1. This not only creates economic value, but also creates a vibrant and diverse collector community.
#OnChainLendingSurge +DeFi: The DeFi ecosystem of Linea only truly develops with the emergence of multi-chain projects, while native projects on Linea receive less attention. Projects like Mendi Finance (Lending), Lynex (DEX)… although appearing earlier, are currently overshadowed by multi-chain projects. After two prominent projects, Renzo Protocol and Zero Lend, launched on this network, the TVL on Linea saw significant growth. Renzo is the first project belonging to the Liquid Restaking trend implemented on L2s, and it is also the most noticed project after Etherfi launched its token.
#CryptoMarketDip Scenario feasible on 9/1 Negative scenario: If Bitcoin breaks the support level of $90,000, the market could witness a widespread sell-off. This would lead to a decline in the entire crypto market, with market capitalization potentially dropping below $1 trillion. Positive scenario: Market trend on 9/1 1. Bitcoin (BTC): BTC may test the support zone of $90,000 - $92,000 if selling pressure continues. If this level is broken, the price could plunge to $85,000. However, if the market shows signs of recovery, BTC will need to break through the resistance level of $98,000 to confirm a return to an upward trend. 2. Ethereum (ETH): ETH will face the risk of dropping further if it cannot hold the $1,750 level. The next resistance level to watch is $1,850. 3. Altcoin and DeFi: Altcoins like Solana, Polygon (MATIC), and Cardano continue to decline sharply, indicating that capital is leaving high-risk assets. DeFi is no exception as TVL (Total Value Locked) has decreased significantly in the past 24 hours. 4. Stablecoin: Stablecoins like USDT and USDC are being traded more, showing that investors are seeking safe havens. Feasible scenario on 9/1 Negative scenario: If Bitcoin breaks the support level of $90,000, the market could witness a widespread sell-off. This would lead to a decline in the entire crypto market, with market capitalization potentially dropping below $1 trillion. • Monitor support/resistance levels: For BTC, the levels of $90,000 and $100,000 are very important.
#BinanceMegadropSolv Binance announced this Monday (06) the Solv Protocol Megadrop, an opportunity for users to earn up to 4.7 million SOLV tokens for free. The event is expected to start on January 7 and will have various participation options, such as staking BNB and completing tasks in the Web3 Mission.
#BitcoinHashRateSurge 🔍 Hash Rate (hash rate) is an important measure that indicates the computational power of the Bitcoin network. Recently, the hash rate has reached a new record high, signaling strong growth and significant confidence from miners. 💪 What does this mean? 1️⃣ Network security is strengthened: A higher hash rate means that the Bitcoin network becomes more secure against attacks. 💼🔐 2️⃣ Confidence from miners: Miners are increasing their investment in mining equipment and trusting in the long-term potential of BTC. 3️⃣ Impact on BTC price: History shows that whenever the hash rate increases significantly, the price of Bitcoin tends to rise as well. Could this be an early signal for a new price surge? 📈
$PHA Price prediction for PHA: 2027 Factors affecting the price 1. The fundamental strength of the Phala network: • Focused on privacy-preserving computing, a field expected to grow with the increasing demand for decentralized data protection. • Partnerships and integrations with Web3 projects and ecosystems (e.g., Polkadot). • Adoption of decentralized cloud computing solutions in sectors like AI, IoT, and healthcare. 2. Market sentiment and growth: • Continued adoption of Web3 and privacy-focused technologies may increase demand for PHA. • The cryptocurrency market in general is cyclical, with potential price uptrends driven by the Bitcoin halving event (next one in 2024). 3. Supply dynamics: • The maximum supply of PHA is 1 billion tokens, with a significant portion already in circulation. • The utility of the token in staking, governance, and network usage will play a crucial role in maintaining demand. 4. Legal and economic environment: • Global acceptance or restrictions on privacy-focused projects will directly impact PHA. • Bullish macroeconomic trends (e.g., widespread adoption by institutions) may positively influence prices.
#BitwiseBitcoinETF More than 20 companies may participate in Bitwise Bitcoin Standard ETF According to Odaily, HODL15 Capital reports that more than 20 companies have the opportunity to be included in the Bitwise Bitcoin Standard Corporations ETF, of which 30% are Bitcoin mining companies. Previously, it was announced that Bitwise had submitted an application to the U.S. Securities and Exchange Commission (SEC) for the Bitcoin Standard Corporations ETF. This fund aims to invest in the stocks of companies that adopt the Bitcoin standard, requiring them to hold at least 1,000 BTC in their reserves.$BTC
#Crypto2025Trends The year 2025 promises to be a major milestone for the cryptocurrency market with many breakthrough trends. DeFi (Decentralized Finance) will go further with more practical applications, while Real World Assets (RWA) such as digital assets will attract large capital flows. Stablecoins and CBDCs (central bank digital currencies) continue to expand their influence. In addition, layer 2 blockchain and zk-rollups technology will improve transaction efficiency, opening a new era for global cryptocurrencies.
#XmasCryptoMiracles The end-of-year holiday season has arrived, and this is the perfect time to explore new opportunities in the cryptocurrency market! With the continuous development of blockchain technology, crypto is not just an investment vehicle but also offers innovative financial solutions. If you are looking for "miracles" this Christmas season, start by researching potential projects or experimenting with trading an interesting coin pair. Don't forget to always maintain a smart investment strategy and manage risks wisely. As for you, what miracle do you plan to create this holiday season with crypto?
#ReboundRally Crowd psychology: After a sharp drop in price, many investors start to feel more optimistic and buy, creating a domino effect that pushes the price up.
* Positive news: Positive news about a project, a favorable new regulation, or a major event can trigger a rebound rally.
* Buying by large investors: Large institutions can take advantage of the opportunity to buy when prices are low to accumulate, creating a strong push for the market.
* Technical patterns: Certain technical patterns, such as reversal patterns, can signal an impending rebound rally.
#ChristmasMarketAnalysis History may not repeat itself, but it echoes. As Christmas and the New Year 2025 approach, several factors suggest that Bitcoin will conclude its correction phase and continue its growth trajectory. These factors include the upcoming inauguration of Trump, the Bitcoin halving event, and the holiday season. Has the cryptocurrency market's correction phase ended as Christmas nears? The recent interest rate cut announcement by the Federal Reserve has reduced expectations for further cuts, leading to a decline in the global market. Bitcoin has sharply dropped from its all-time high of $108,000 to around $90,000 in just a few days. Altcoins have suffered significant losses, with some tokens erasing all gains made during the price surge. Matt Hougan, Chief Investment Officer at Bitwise Asset Management, suggested that the recent decline in the cryptocurrency market is due to "natural deleveraging" and emphasized that "the long-term driving factors remain intact, and we are still in a strong growth market." This drop has led to large-scale liquidations and reduced market leverage. Meanwhile, Christmas is approaching, and the global market may experience a "Christmas rally." History shows that the U.S. stock market tends to perform positively during the last five trading days of the year and the first two trading days of the new year. Since Bitcoin is tied to the trends of the U.S. stock market and gold, strong performance in the stock market could boost sentiment $BTC
#MarketNewHype The market is booming with new trends: 1. Quantum computing: Stocks of companies like Rigetti Computing, D-Wave Quantum, and IonQ have surged (843%, 455%, and 398%, respectively), but remain highly speculative. (MarketWatch) 2. Artificial Intelligence (AI): Salesforce receives positive ratings thanks to the AI tool Agentforce, supporting sales and marketing, competing with products from Microsoft and Alphabet. (Investors) 3. AI applications on the App Store: Applications focused on photo editing and education like Photoroom and Picsart AI stand out, but quality is inconsistent. (The Verge) Investors should be cautious with these new trends.
Project number 62 on Binance Launchpool - Vana Network (VANA) 🔥 Farm $VANA by staking $BNB and $FDUSD . ✔️ $VANA Launchpool Information ⏰ Farming time: from 7:00 AM on 14/12/2024 - 6:59 AM on 16/12/2024 (Vietnam time). ⏰ Listing time: 5:00 PM on 16/12/2024 🚀 Trading pairs: VANA/USDT, VANA/BNB, VANAFDUSD and VANA/TRY Tokenomics: > Token Name: Vana > Ticker: VANA > Total supply: 120,000,000 VANA > Launchpool token reward: 4,800,000 VANA (4% of total supply) > Initial circulating supply listed on Binance Spot: 30,084,000 #VANA (25.07% of supply) > Staking terms: KYC required > Hourly hard cap for each user: - 8,500 VANA in the BNB pool - 1,500 VANA in the FDUSD pool ✅ Supported pools: > Stake BNB: Reward is: 4,080,000 VANA (85%) > Stake FDUSD: Reward is: 720,000 VANA (15%)
#BTCReclaims101K Price Fluctuations and the Bitcoin Market • Bitcoin reached a record high of 103,918 USD on December 5 before correcting by 10%, dropping to a low of 90,200 USD during the pullback but quickly recovering. • The CEO of CryptoQuant, Ki Young Ju, stated that demand from ETF funds and strong accumulation by institutions are limiting the extent of corrections in this bullish cycle. Growth Across the Cryptocurrency Market The recovery of Bitcoin has sparked a strong price increase across the entire cryptocurrency market: