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The new Squid Game features a cryptocurrency scammer who demands his phone back so he can check the markets constantly...
๐บ๐ธ #Volatility Shares has filed an application with the US SEC to create an exchange-traded open-end fund (ETF) based on Solana futures, covering leverage of 1x, 2x and -1x
๐ #AUCTION Bounce Brand: BounceX futures DEX launches next week.
๐ #BTC Michael Saylor: 60 companies own >590,000 BTC
๐ฎ๐ Galaxy Research Predictions for 2025:
โช๏ธ #BTC will surpass $150K in the first half of the year and reach $185K by Q4 2025.
โช๏ธ #ETH will trade above $5,500.
โช๏ธ The U.S. government will not establish a BTC reserve in 2025.
โช๏ธ U.S. spot Bitcoin ETPs will exceed $250 billion in assets under management (AUM).
โช๏ธ At least five Nasdaq 100 companies and five nations will announce Bitcoin reserves.
โช๏ธ Stablecoin market capitalization will surpass $400 billion.
โช๏ธ #DOGE will achieve a market cap of $100 billion.
โช๏ธ #BTC will surpass $150K in the first half of the year and reach $185K by Q4 2025.
โช๏ธ #ETH will trade above $5,500.
โช๏ธ The U.S. government will not establish a BTC reserve in 2025.
โช๏ธ U.S. spot Bitcoin ETPs will exceed $250 billion in assets under management (AUM).
โช๏ธ At least five Nasdaq 100 companies and five nations will announce Bitcoin reserves.
โช๏ธ Stablecoin market capitalization will surpass $400 billion.
โช๏ธ #DOGE will achieve a market cap of $100 billion.
๐ Santiment: over the last week there was -64% less trading compared to the previous week. The last week of December is often one of the least active periods of the year. If whales continue to demonstrate their strong accumulation tendency, the lack of retailer participation could lead to at least one final big surprise pump in 2024.
๐ Santiment: Key active Chainlink whales who hold between 1M and 10M #LINK have accumulated 3.58M tokens (worth $76.9M) in just the last 3 days.
โ๏ธ๐ค #BTC About two weeks ago, Bitcoin's network hash rate surpassed the 800 EH/s mark for the first time, reaching a new all-time high of 805 EH/s on a 7-day moving average.
Since then, the hash rate has slightly pulled back and currently stands at 795 EH/s. Year-to-date, the hash rate has increased by 280 EH/s, already surpassing the 250 EH/s added in 2023, despite the halving putting significant pressure on mining margins.
If the network hash rate closes the year at 762 EH/s or higher, 2024 will go down in history as the year of record-breaking hash rate growth.
Since then, the hash rate has slightly pulled back and currently stands at 795 EH/s. Year-to-date, the hash rate has increased by 280 EH/s, already surpassing the 250 EH/s added in 2023, despite the halving putting significant pressure on mining margins.
If the network hash rate closes the year at 762 EH/s or higher, 2024 will go down in history as the year of record-breaking hash rate growth.
๐ #TON C.Q.: When the price of Toncoin rises, the TVL of staking falls. This correlation suggests that investors, noticing an increase in price, are withdrawing their tokens from staking for sale. Just recently, staking TVL reached low levels again, seemingly coinciding with a local TON price bottom.
๐ค๐ฑ #BTC The fear and greed index has dropped to 72, but is still in the greed zone.
๐๐ณ Whale transactions:
1. James Fickel in full extinguished their debts, having lost ~25 thousand #ETH ($83.6 million) from trading the ETH/BTC pair. Previously: exchange ETH for WBTC;
2. New wallet bought 1,055,183 #FARTCOIN and now has a floating loss of $87,000;
3. Whale has gained 60.03 million #MIRA in the last 2 days and currently has a floating loss of $1.38 million;
4. Whale contributed 250 thousand #LINK ($5.37 million) on Binance and OKX. From December 14 to 18, this whale withdrew 595 thousand LINK ($17.31 million) from Binance at an average price of $29.1. He is now losing ~$4.5 million on LINK;
5. Team/Early Member Wallet #VIRTUAL transferred on Bybit for 2 million VIRTUAL (~$6.96 million). Over the past week, a total of 8.75 million tokens, ~$27.08 million, were transferred to exchanges; Currently, the three linked addresses still hold ~10.9% of the total token supply.
1. James Fickel in full extinguished their debts, having lost ~25 thousand #ETH ($83.6 million) from trading the ETH/BTC pair. Previously: exchange ETH for WBTC;
2. New wallet bought 1,055,183 #FARTCOIN and now has a floating loss of $87,000;
3. Whale has gained 60.03 million #MIRA in the last 2 days and currently has a floating loss of $1.38 million;
4. Whale contributed 250 thousand #LINK ($5.37 million) on Binance and OKX. From December 14 to 18, this whale withdrew 595 thousand LINK ($17.31 million) from Binance at an average price of $29.1. He is now losing ~$4.5 million on LINK;
5. Team/Early Member Wallet #VIRTUAL transferred on Bybit for 2 million VIRTUAL (~$6.96 million). Over the past week, a total of 8.75 million tokens, ~$27.08 million, were transferred to exchanges; Currently, the three linked addresses still hold ~10.9% of the total token supply.
๐ #BTC Bitwise: At the start of 2024, few could have predicted that Bitcoin ETPs would shatter all previous records while Gold ETPs faced a dramatic downturn, with net flows of $36,851M for Bitcoin and just $454M for Gold.