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#BitwiseBitcoinETF
Bitwise has filed a proposal with the SEC for a Bitcoin Standard Corporations ETF that invests in firms holding at least 1,000 Bitcoins and uses a unique weighting based on Bitcoin value.
Bitwise has filed a proposal with the SEC for a Bitcoin Standard Corporations ETF that invests in firms holding at least 1,000 Bitcoins and uses a unique weighting based on Bitcoin value.
#Crypto2025Trends
đ Memecoins Hit a $140 Billion Market Cap! Will Their Momentum Continue? đĽ
In 2024, the memecoin market has seen a meteoric rise, now constituting 11.21% of the crypto landscape (excluding Bitcoin and Ether)! Tokens like $DOGE and $SHIB are leading the charge, with no signs of a slowdown.
đ Important Figures:
- Memecoin trading volume surged by 979% this year
- Total market cap for memecoins reaches $140B
- Dogecoin's market cap stands at $64B, making it the 7th largest cryptocurrency
- Emerging tokens like $WIF $BRETT and $POPCAT are gaining traction rapidly
What lies ahead? Is this rapid growth a precursor to a speculative bubble, or could it be the catalyst for the next significant bull market in 2025? đ
đ Memecoins Hit a $140 Billion Market Cap! Will Their Momentum Continue? đĽ
In 2024, the memecoin market has seen a meteoric rise, now constituting 11.21% of the crypto landscape (excluding Bitcoin and Ether)! Tokens like $DOGE and $SHIB are leading the charge, with no signs of a slowdown.
đ Important Figures:
- Memecoin trading volume surged by 979% this year
- Total market cap for memecoins reaches $140B
- Dogecoin's market cap stands at $64B, making it the 7th largest cryptocurrency
- Emerging tokens like $WIF $BRETT and $POPCAT are gaining traction rapidly
What lies ahead? Is this rapid growth a precursor to a speculative bubble, or could it be the catalyst for the next significant bull market in 2025? đ
#XmasCryptoMiracles
Crypto Community Raises $18M for Life-Saving Research.
On Christmas Eve, Siqi Chen, the CEO of a tech company, shared a deeply personal and emotional update on his social media, revealing the difficult journey he and his family are currently facing. In a heartfelt post, Chen shared that his daughter, Mira, was diagnosed with a rare and challenging brain tumor called craniopharyngioma on September 23rd.
Despite the lack of a definitive cure for this condition, Chen and his team of researchers have been working tirelessly to support Dr. Hankinsonâs lab in identifying promising new drugs to treat Miraâs tumor. Chenâs Christmas Eve post was a plea for help, asking his followers to support Dr. Hankinsonâs groundbreaking research. âIf not with funds, I would be just as grateful for a repost or a like on this thread,â he wrote.
In a remarkable turn of events, just three hours after his post, Siqi shared that the campaign had already raised $75,000, nearing the goal of $100,000. Overwhelmed by the outpouring of support, Chen expressed his gratitude, writing, âYi and I are in tears. We are so grateful to all of you.â
To further encourage donations, Siqi and his family decided to personally match every dollar raised beyond the $75K mark, up to a total of $100,000. This means that if the campaign reaches $200,000, Hankinson Lab will receive at least $300,000, which could be a game changer for research into craniopharyngiomas.
Crypto Community Raises $18M for Life-Saving Research.
On Christmas Eve, Siqi Chen, the CEO of a tech company, shared a deeply personal and emotional update on his social media, revealing the difficult journey he and his family are currently facing. In a heartfelt post, Chen shared that his daughter, Mira, was diagnosed with a rare and challenging brain tumor called craniopharyngioma on September 23rd.
Despite the lack of a definitive cure for this condition, Chen and his team of researchers have been working tirelessly to support Dr. Hankinsonâs lab in identifying promising new drugs to treat Miraâs tumor. Chenâs Christmas Eve post was a plea for help, asking his followers to support Dr. Hankinsonâs groundbreaking research. âIf not with funds, I would be just as grateful for a repost or a like on this thread,â he wrote.
In a remarkable turn of events, just three hours after his post, Siqi shared that the campaign had already raised $75,000, nearing the goal of $100,000. Overwhelmed by the outpouring of support, Chen expressed his gratitude, writing, âYi and I are in tears. We are so grateful to all of you.â
To further encourage donations, Siqi and his family decided to personally match every dollar raised beyond the $75K mark, up to a total of $100,000. This means that if the campaign reaches $200,000, Hankinson Lab will receive at least $300,000, which could be a game changer for research into craniopharyngiomas.
#ReboundRally
đ Bitcoin and altcoins have seen a strong recovery as we crossing Christmas Day. BTC has surged up to $99K, with traders eyeing a potential $100K Xmas surprise. Here's the breakdown of BTC wallets by size:
đŚ 0-0.1 BTC Wallets: 50.17M
đ 0.1-10 BTC Wallets: 4.31M
đŚ 10-1,000 BTC Wallets: 150.13K
đł 1,000+ BTC Wallets: 2,050
Specifically in the last two categories, the likelihood of the bull market persisting is high, provided the number of wallets continues to grow and maintains their accumulation patterns, as seen throughout 2024. đ
đ Bitcoin and altcoins have seen a strong recovery as we crossing Christmas Day. BTC has surged up to $99K, with traders eyeing a potential $100K Xmas surprise. Here's the breakdown of BTC wallets by size:
đŚ 0-0.1 BTC Wallets: 50.17M
đ 0.1-10 BTC Wallets: 4.31M
đŚ 10-1,000 BTC Wallets: 150.13K
đł 1,000+ BTC Wallets: 2,050
Specifically in the last two categories, the likelihood of the bull market persisting is high, provided the number of wallets continues to grow and maintains their accumulation patterns, as seen throughout 2024. đ
#MarketRebound
đ Tuesday witnessed a significant breakout for altcoins, even with Bitcoin dropping as low as $92.4K before experiencing a slight recovery. Those who took the opportunity to buy speculative cryptocurrencies during the dip have benefited. However, it's important to note that BTC has primarily been the driving force throughout this bull market.
đ Tuesday witnessed a significant breakout for altcoins, even with Bitcoin dropping as low as $92.4K before experiencing a slight recovery. Those who took the opportunity to buy speculative cryptocurrencies during the dip have benefited. However, it's important to note that BTC has primarily been the driving force throughout this bull market.
#ChristmasMarketAnalysis
The majority of the crypto community has rapidly shifted their sentiments from optimistic to pessimistic over the last two weeks. With market caps experiencing correctionsâespecially among altcoinsâthere is significantly reduced enthusiasm for meme coins and a renewed focus on Bitcoin. This widespread fear, uncertainty, and doubt (FUD) is a normal part of the market cycle, providing opportunities for patient traders to take advantage of the current level of panic.
The majority of the crypto community has rapidly shifted their sentiments from optimistic to pessimistic over the last two weeks. With market caps experiencing correctionsâespecially among altcoinsâthere is significantly reduced enthusiasm for meme coins and a renewed focus on Bitcoin. This widespread fear, uncertainty, and doubt (FUD) is a normal part of the market cycle, providing opportunities for patient traders to take advantage of the current level of panic.
#BTCOutlook
𧾠Bitcoin has traveled an impressive path in the closing weeks of 2024. The graphic below highlights the discussions within the crypto community on platforms like X, Reddit, Telegram, 4Chan, BitcoinTalk, and FarCaster, focusing on:
đ¨ Bitcoin priced at $90K
đĽ Bitcoin valued at $100K
đŚ Bitcoin reaching $110K
𧾠Bitcoin has traveled an impressive path in the closing weeks of 2024. The graphic below highlights the discussions within the crypto community on platforms like X, Reddit, Telegram, 4Chan, BitcoinTalk, and FarCaster, focusing on:
đ¨ Bitcoin priced at $90K
đĽ Bitcoin valued at $100K
đŚ Bitcoin reaching $110K
#MarketPullback
â ď¸Short-Term Holder (STH) reserves have reached 5,439,700 $BTC â the highest level in 40 months!
* STH reserves typically increase during bull markets.
* The multi-year downtrend in STH reserves has ended.
â ď¸Short-Term Holder (STH) reserves have reached 5,439,700 $BTC â the highest level in 40 months!
* STH reserves typically increase during bull markets.
* The multi-year downtrend in STH reserves has ended.
#BTCNextMove
đŚ Whales purchased over $1 billion worth of $BTC during the recent market downturn!
The whales clearly took the opportunity to buy Bitcoin at a discounted price, which may indicate their confidence in the asset's future growth.
This is a signal for retail investors to think: if major players continue to accumulate, perhaps the market is preparing for the next phase of a bullish trend.
However, it's always important to remember the risks and act consciously!
đŚ Whales purchased over $1 billion worth of $BTC during the recent market downturn!
The whales clearly took the opportunity to buy Bitcoin at a discounted price, which may indicate their confidence in the asset's future growth.
This is a signal for retail investors to think: if major players continue to accumulate, perhaps the market is preparing for the next phase of a bullish trend.
However, it's always important to remember the risks and act consciously!
#MarketCorrectionBuyOrHODL
BlackRock tanking the market crypto market right before XMas with my entire family.
"Slap yourself if you sold Bitcoin below $1M"
BlackRock tanking the market crypto market right before XMas with my entire family.
"Slap yourself if you sold Bitcoin below $1M"
$BNB is a crypto blood. As simple as creating a wallet address.
BNB Volume Comparison. Quick look:
Nov 2023/2024 - $8m vs $20m
Dec 2023/2024 - $10m vs $25.65m for 17days
BNB Volume Comparison. Quick look:
Nov 2023/2024 - $8m vs $20m
Dec 2023/2024 - $10m vs $25.65m for 17days
#CryptoUsersHit18M
The recent milestone of reaching 18 million crypto users is a significant indicator of the growing interest and adoption of cryptocurrencies. This surge in user numbers reflects a broader trend in the market, where more individuals are becoming engaged with digital assets, likely driven by increased awareness, technological advancements, and the potential for investment returns.
Market Sentiment
The current market sentiment, as indicated by the Fear and Greed Index, is at 87, which signifies Extreme Greed. This level of greed often suggests that the market may be overbought, and a correction could be on the horizon. However, it also indicates strong bullish sentiment, which can drive prices higher in the short term.
Related News
1. Sahara AI's Upcoming Announcement: Sahara AI, a decentralized AI blockchain platform, is expected to announce important news soon, which could impact the market positively.
2. BlueSky's User Growth: The social media platform BlueSky has reached over 25 million users, indicating a shift in user engagement within the crypto community. This growth could lead to increased discussions and interest in cryptocurrencies.
3. LBank's User Base Expansion: LBank has surpassed 15 million global users, showcasing the increasing popularity of crypto exchanges. This growth reflects a healthy ecosystem for trading and investing in cryptocurrencies.
Conclusion
The increase in crypto users to 18 million is a positive sign for the market, indicating growing adoption and interest. However, the extreme greed sentiment suggests caution, as it may lead to potential market corrections. Investors should remain vigilant and consider market dynamics when making decisions.
The recent milestone of reaching 18 million crypto users is a significant indicator of the growing interest and adoption of cryptocurrencies. This surge in user numbers reflects a broader trend in the market, where more individuals are becoming engaged with digital assets, likely driven by increased awareness, technological advancements, and the potential for investment returns.
Market Sentiment
The current market sentiment, as indicated by the Fear and Greed Index, is at 87, which signifies Extreme Greed. This level of greed often suggests that the market may be overbought, and a correction could be on the horizon. However, it also indicates strong bullish sentiment, which can drive prices higher in the short term.
Related News
1. Sahara AI's Upcoming Announcement: Sahara AI, a decentralized AI blockchain platform, is expected to announce important news soon, which could impact the market positively.
2. BlueSky's User Growth: The social media platform BlueSky has reached over 25 million users, indicating a shift in user engagement within the crypto community. This growth could lead to increased discussions and interest in cryptocurrencies.
3. LBank's User Base Expansion: LBank has surpassed 15 million global users, showcasing the increasing popularity of crypto exchanges. This growth reflects a healthy ecosystem for trading and investing in cryptocurrencies.
Conclusion
The increase in crypto users to 18 million is a positive sign for the market, indicating growing adoption and interest. However, the extreme greed sentiment suggests caution, as it may lead to potential market corrections. Investors should remain vigilant and consider market dynamics when making decisions.
#MarketNewHype
The current market hype is centered around Hyperliquid (HYPE), which has been experiencing significant price increases and trading activity. Here are some key highlights:
1. Market Cap Surpass: HYPE's market cap has recently surpassed that of Arbitrum (ARB), reaching approximately $4.93 billion as its price rose to $14.8. This indicates strong investor interest and confidence in HYPE's potential.
2. Pre-Market Trading Launch: LBank has initiated pre-market trading for HYPE, allowing users to trade the HYPE/USDT pair. To protect users, LBank has introduced a price protection event, offering subsidies for losses if the price falls below the average pre-market price.
3. Record Highs: HYPE has set multiple new record highs, recently trading above $7.3. The trading volume has been substantial, indicating robust market activity.
4. Continued Growth: HYPE has consistently reached new highs, with trading volumes peaking at $464 million in a single day. This trend suggests a strong bullish sentiment among traders.
5. Rapid Price Increases: HYPE has seen rapid price increases, breaking through key resistance levels and achieving a market cap of over $1.4 billion within a short time frame.
Conclusion
The hype surrounding Hyperliquid (HYPE) is driven by its impressive market performance, significant trading volumes, and strategic initiatives by exchanges like LBank. Investors are showing strong bullish sentiment, which could lead to further price appreciation in the near term.
The current market hype is centered around Hyperliquid (HYPE), which has been experiencing significant price increases and trading activity. Here are some key highlights:
1. Market Cap Surpass: HYPE's market cap has recently surpassed that of Arbitrum (ARB), reaching approximately $4.93 billion as its price rose to $14.8. This indicates strong investor interest and confidence in HYPE's potential.
2. Pre-Market Trading Launch: LBank has initiated pre-market trading for HYPE, allowing users to trade the HYPE/USDT pair. To protect users, LBank has introduced a price protection event, offering subsidies for losses if the price falls below the average pre-market price.
3. Record Highs: HYPE has set multiple new record highs, recently trading above $7.3. The trading volume has been substantial, indicating robust market activity.
4. Continued Growth: HYPE has consistently reached new highs, with trading volumes peaking at $464 million in a single day. This trend suggests a strong bullish sentiment among traders.
5. Rapid Price Increases: HYPE has seen rapid price increases, breaking through key resistance levels and achieving a market cap of over $1.4 billion within a short time frame.
Conclusion
The hype surrounding Hyperliquid (HYPE) is driven by its impressive market performance, significant trading volumes, and strategic initiatives by exchanges like LBank. Investors are showing strong bullish sentiment, which could lead to further price appreciation in the near term.
#BitcoinKeyZone
Bitcoin is currently in a critical zone, trading near its resistance level. Traders should monitor the price closely for potential breakouts or reversals around the key support and resistance levels. The overall market sentiment appears slightly bullish, but the recent cash outflow may warrant caution!
Bitcoin is currently in a critical zone, trading near its resistance level. Traders should monitor the price closely for potential breakouts or reversals around the key support and resistance levels. The overall market sentiment appears slightly bullish, but the recent cash outflow may warrant caution!
#BTCReclaims101K
Current Price Overview
- Last Price (BTCUSDT): $101,384.83
- 24h Price Change: +0.89%
- 24h High: $101,894.76
- 24h Low: $99,602.96
- 24h Trading Volume: 29,927.84 BTC
- 24h Turnover: $3,018,069,859.33
Support and Resistance Levels
- Resistance Level: $101,694.6
- Support Level: $99,955.3
Whale Trader Sentiment
- Long Positions: $238,571,643
- Short Positions: $209,272,740
- Long/Short Ratio: 1.1 : 1
Cash Flow Analysis
- Inflow: $5,753,883,836
- Outflow: $5,774,018,948
- Net Flow: -$20,135,112
Market Sentiment
- Fear & Greed Index: 83 (Extreme Greed)
Conclusion
Bitcoin's recent price action, reclaiming the $101k mark, indicates a strong bullish sentiment in the market. The price has shown resilience, bouncing back from a low of approximately $99,602.96 within the last 24 hours. The current resistance level is slightly above the current price, suggesting potential upward momentum if it can break through. However, the extreme greed sentiment reflected in the Fear & Greed Index indicates that caution is warranted, as markets can be volatile during such periods.
Recommendations
- For Traders: Monitor the resistance level closely. A breakout above $101,694.6 could signal further bullish momentum.
- For Investors: Consider the overall market sentiment and be prepared for potential corrections, especially given the extreme greed indicator.
Current Price Overview
- Last Price (BTCUSDT): $101,384.83
- 24h Price Change: +0.89%
- 24h High: $101,894.76
- 24h Low: $99,602.96
- 24h Trading Volume: 29,927.84 BTC
- 24h Turnover: $3,018,069,859.33
Support and Resistance Levels
- Resistance Level: $101,694.6
- Support Level: $99,955.3
Whale Trader Sentiment
- Long Positions: $238,571,643
- Short Positions: $209,272,740
- Long/Short Ratio: 1.1 : 1
Cash Flow Analysis
- Inflow: $5,753,883,836
- Outflow: $5,774,018,948
- Net Flow: -$20,135,112
Market Sentiment
- Fear & Greed Index: 83 (Extreme Greed)
Conclusion
Bitcoin's recent price action, reclaiming the $101k mark, indicates a strong bullish sentiment in the market. The price has shown resilience, bouncing back from a low of approximately $99,602.96 within the last 24 hours. The current resistance level is slightly above the current price, suggesting potential upward momentum if it can break through. However, the extreme greed sentiment reflected in the Fear & Greed Index indicates that caution is warranted, as markets can be volatile during such periods.
Recommendations
- For Traders: Monitor the resistance level closely. A breakout above $101,694.6 could signal further bullish momentum.
- For Investors: Consider the overall market sentiment and be prepared for potential corrections, especially given the extreme greed indicator.
#MajorAirdropWatch
Solayer â is it too late to get involved? đ
đ Solayer is a restaking protocol on Solana designed to enhance the capabilities of decentralized applications (dApps) operating within the network.
The project raised $12 million with a valuation of $80 million from Polychain Capital (Lead), Binance Labs, Hack VC, and others.
Many have likely already heard about the project and the points system that has been running for some time, which naturally raises the question...
Is an Episode 3 coming along with airdrop in 2025?
Solayer â is it too late to get involved? đ
đ Solayer is a restaking protocol on Solana designed to enhance the capabilities of decentralized applications (dApps) operating within the network.
The project raised $12 million with a valuation of $80 million from Polychain Capital (Lead), Binance Labs, Hack VC, and others.
Many have likely already heard about the project and the points system that has been running for some time, which naturally raises the question...
Is an Episode 3 coming along with airdrop in 2025?
$BTC
⢠Potential Risks of Investing in Bitcoin Right Now
⢠Current Market Sentiment
- *Fear and Greed Index*: 78 (Extreme Greed)
- This high level of greed indicates that investors are overly optimistic, which can lead to increased volatility and potential market corrections.
⢠Technical Indicators
- *Bearish Indicators*:
- *RSI (Relative Strength Index)*: Currently showing an "Overbought" condition.
- This suggests that Bitcoin may be due for a price correction as it has risen too quickly without sufficient consolidation.
⢠Capital Flow Analysis
- *Net Capital Flow*: -$236,731,396
- *Capital Inflow*: $6,840,032,250
- *Capital Outflow*: $7,076,763,646
- The negative net capital flow indicates that more capital is leaving the market than entering, which can be a bearish signal.
⢠Conclusion
Investing in Bitcoin at this moment carries several risks:
1. *Market Sentiment*: The extreme greed in the market could lead to a sudden downturn.
2. *Technical Overbought Condition*: The RSI indicates that Bitcoin is overbought, suggesting a potential price correction is imminent.
3. *Negative Capital Flow*: The outflow exceeding inflow may indicate weakening demand, which could further pressure prices downward.
⢠Recommendations
- *Caution is advised* for new investors considering entering the market at this time.
- *Monitoring market conditions* closely is essential, especially for signs of a correction or increased volatility.
⢠Potential Risks of Investing in Bitcoin Right Now
⢠Current Market Sentiment
- *Fear and Greed Index*: 78 (Extreme Greed)
- This high level of greed indicates that investors are overly optimistic, which can lead to increased volatility and potential market corrections.
⢠Technical Indicators
- *Bearish Indicators*:
- *RSI (Relative Strength Index)*: Currently showing an "Overbought" condition.
- This suggests that Bitcoin may be due for a price correction as it has risen too quickly without sufficient consolidation.
⢠Capital Flow Analysis
- *Net Capital Flow*: -$236,731,396
- *Capital Inflow*: $6,840,032,250
- *Capital Outflow*: $7,076,763,646
- The negative net capital flow indicates that more capital is leaving the market than entering, which can be a bearish signal.
⢠Conclusion
Investing in Bitcoin at this moment carries several risks:
1. *Market Sentiment*: The extreme greed in the market could lead to a sudden downturn.
2. *Technical Overbought Condition*: The RSI indicates that Bitcoin is overbought, suggesting a potential price correction is imminent.
3. *Negative Capital Flow*: The outflow exceeding inflow may indicate weakening demand, which could further pressure prices downward.
⢠Recommendations
- *Caution is advised* for new investors considering entering the market at this time.
- *Monitoring market conditions* closely is essential, especially for signs of a correction or increased volatility.
#2024WithBinance
2024 has been the year to diversify my portfolio and explore new altcoins on Binance. Keeping and eye on on market trends.
2024 has been the year to diversify my portfolio and explore new altcoins on Binance. Keeping and eye on on market trends.
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CryptoETFMania
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#CryptoETFMania Bitwise Bitcoin ETF (BITB) has announced that it is acquiring Osprey Bitcoin Trust (OBTC).
The deal, revealed in a joint statement on Tuesday, will see OBTC investors receiving BITB shares as part of its liquidating distribution.
OBTC was launched in February 2021 and has been a smaller competitor in the market with $120 million in assets management.
With this acquisition, OBTC investors will benefit from lower feesâ0.2% with BITB compared to 0.49% with OBTC. Additionally, they will experience more accurate tracking of Bitcoinâs price, as BITB tends to follow Bitcoinâs value more closely than OBTC did.
For those who already hold BITB shares, there will be no changes to their investments or the fundâs operation.
This acquisition is part of Bitwiseâs broader plan to grow its presence in the competitive Bitcoin ETF market, where it competes with big names like BlackRock, Fidelity, and Grayscale.
Recently, Bitwise expanded into Europe by acquiring the London-based ETC Group, which offers similar crypto investment products. This expansion brings Bitwiseâs total assets under management to $4.5 billion, further establishing its influence in the global crypto market.
OBTC investors, who previously saw their shares sometimes drift away from Bitcoinâs actual price, will now benefit from BITBâs price tracking.
Over the past month, OBTC shares dropped by 4.27%, while Bitcoin itself fell by 9.34%. BITB, on the other hand, was down 8.56%, showing a closer alignment with Bitcoinâs price movements.
Joey Doriean xhBU
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GMTBurnVote
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BitwiseBitcoinETF
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