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Bitcoin Dominance Breakdown Confirmed – The Next Altseason Is Right Around The Corner

вт, 12/24/2024 - 21:30

Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market. While BTC grappled with selling pressure and volatility, Altcoins stole the spotlight, with many posting impressive gains of over 10%. This shift hints at a potential change in market dynamics.

Top analyst Jelle recently shared insightful data on X, highlighting a significant development in the Bitcoin dominance chart. According to Jelle, BTC dominance has broken down, and the breakdown has been confirmed, signaling a possible shift of capital flow toward Altcoins. This trend suggests that an Altseason—a period characterized by massive gains across Altcoins—could be on the horizon.

Altseasons have historically followed periods of BTC consolidation as investors look for higher returns in alternative cryptocurrencies. With BTC dominance weakening and Altcoins showing strength, the coming weeks could provide exciting opportunities for traders and investors seeking to diversify their portfolios. While Bitcoin continues its battle to break above six figures, the focus may temporarily shift toward Altcoins poised for explosive growth.

Bitcoin Euphoria Spreads Into Altcoins

The recent euphoria Bitcoin has experienced over the past few months is beginning to shift toward Altcoins, a natural flow in the crypto market where liquidity typically moves from BTC to alternative cryptocurrencies. This shift is becoming more evident as recent price fluctuations suggest that Altcoins are gearing up for a surge. After Bitcoin’s dominance and bullish sentiment in the market, Altcoins are now showing signs of strength, with many posting impressive gains.

Top analyst Jelle recently shared a detailed technical analysis on X, revealing that Bitcoin dominance has broken down and confirmed this breakdown, which could mark the beginning of a new phase in the market. According to Jelle, the next Altseason, which historically follows periods of BTC consolidation, could be right around the corner, with a strong potential to kick off in 2025.

Once Bitcoin dominance drops below the critical 55% level, a massive Altseason is likely to follow. This could lead to explosive price movements in Altcoins, offering traders and investors a new opportunity for growth. 

As BTC struggles to maintain dominance and faces resistance at key levels, Altcoins may become the next big winners. The combination of market sentiment, liquidity shifting, and key technical breakdowns suggests that the coming months could be filled with strong performances from alternative cryptocurrencies.

BTC Holding Key Demand Levels

Bitcoin is currently trading at $94,000 after testing the $92K level once again and holding it as strong support. This key demand zone has proven resilient, indicating that buyers are still active around this level. 

If BTC manages to hold above the $95K mark in the coming days, a reclaim of the $100K threshold would likely follow, confirming the continuation of the bullish trend. However, there is a high risk of a drop below $92K, which would trigger a sell-off and could lead to a deeper correction.

If BTC remains above $92K, it would signal strength and support the bullish outlook, providing confidence to investors. On the other hand, if the price fails to maintain this support level and drops below $92K, it would suggest weakness and could prompt further selling pressure, potentially pushing the price lower.

 For the immediate short-term, staying above $92K is critical for maintaining momentum. A failure to do so could alter market sentiment and result in a shift towards bearish price action. Therefore, the next few days will be pivotal in determining Bitcoin’s near-term direction.

Featured image from Dall-E, chart from TradingView

Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip

вт, 12/24/2024 - 20:00

Bitcoin’s short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within the community about an extended price correction to previous support levels.

Is Bitcoin Due For A Prolonged Price Pullback?

The recent bearish performance of Bitcoin may extend significantly in the upcoming days. Crypto expert and Market Sniper trading bot creator Jesse Olsen has highlighted past patterns suggesting that BTC might be on the verge of a huge price pullback.

According to the market expert, Bitcoin could drop as much as 30% in the following days. Drawing parallels to past cycle trends, Jesse Olsen highlights that these kinds of corrections are typically during significant uptrends.

Specifically, Olsen foresees a notable pullback as Bitcoin undergoes a bearish crossover on the Moving Average Convergence Divergence (MACD) indicator. This is because Bitcoin’s price experienced at least a 30% correction the last 3 times the MACD indicator had a bearish crossover on the 3-day chart at high levels.

As price fluctuates, the analyst has pointed to four key levels to watch out for, such as $92,000, $85,000, $80,000, and $70,000, once BTC’s downtrend extends. Should BTC hit 4 out of 4 targets, this implies that the crypto asset could drop to the $70,000 range.

Given that Bitcoin’s long-term outlook remains bullish, the anticipated correction may offer a positive reset for the market. Furthermore, it could provide an opportunity for new investors to purchase BTC before resuming its upside momentum toward previous resistance levels.

Olsen’s prediction also aligns with that of senior analyst at the CoinDesk news outlet James Van Straten, who forecasts a similar level of pullback in the upcoming days. The analyst cites several important support levels in determining Bitcoin’s next direction.

After examining the BTC’s Entity-Adjusted URPD metric, Van Straten claims that $90,000 is the next key support point for the digital asset. With no support established at this point, the $75,000 threshold could be feasible once BTC loses the $90,000 support point. Thus, the move from $90,000 to $75,000 marks the much-expected 30% pullback completion.

BTC At A Critical Moment

Despite ongoing market volatility, BTC has formed the most crucial trendline. Titan of Crypto, a market expert, considers the trend the most crucial for BTC as its next direction hinges on a breakthrough from the line.

Related Reading: Impending Bitcoin’s Price Correction May Be Brief If This Key Trend Persist

Given the significance of the development, the expert claims there is no cause for alarm as long as it stays above this trend line. Even though the monthly candle does not now appear bullish, one week remains before it closes, suggesting a possible resurgence.

Presently, Bitcoin has dropped by over 2% in the past day to $93,977. Its daily trading volume is showing a rising optimistic sentiment among investors as it increases by nearly 6%.

Bitcoin Price Recovery To $150,000: Fibonacci Levels Show What To Expect Next

вт, 12/24/2024 - 18:30

Crypto analyst TradingShot has provided insights into the Bitcoin price recovery to $150,000. He analyzed the Fibonacci levels to provide insights into how Bitcoin could reach this new high, although the analyst suggested that there could be more price correction before that happens. 

The Bitcoin Price Recovery To $150,000

In a TradingView post, TradingShot stated that the next high is on the horizon as the Bitcoin price has already entered phase 3 of the bull cycle. This next high is expected to be on the -0.5 horizontal Fibonacci extension and on the 2.0 Channel Fibonacci extension at the price of $150,000, which is the next technical extension of the Channel. 

The crypto analyst cited phases 1 and 2 of the Bitcoin price bull cycle, noting that they started a multi-month accumulation phase with a potential maximum correction to the 0.382 Fib again. In line with this, TradingShot raised the possibility of another 100% rally and a possible top at $200,000 as phase 3 concludes. 

The analyst’s accompanying chart showed that the Bitcoin price could reach this $200,000 target between October and December 2026. This aligns with Standard Chartered’s prediction that Bitcoin could hit this price level by year-end 2025. Meanwhile, TradingShot also provided more insights into the current BTC price action. 

The analyst revealed that the Bitcoin price has touched its 1-day 50 moving average (MA) for the first time in over 2 months and is now rebounding. He added that the first presence of short-term buyers was actually felt last week when Bitcoin came close to the 50 MA again and rebounded aggressively. This is said to be a natural technical reaction during such aggressive uptrends. 

TradingShot noted that the key support level during BTC bull cycles is the 1-week 50 MA, which has acted as support since March 2023 and was successfully tested twice on August 5 and September 6, the latter of which was what technically started the current bullish leg for the Bitcoin price.

Further Analysis of the Fibonacci Channel Up

TradingShot provided a further analysis of the Fibonacci Channel Up. He noted that bullish legs are technically part of Channels. This time is no different as the Bitcoin price has been trading on a Fibonacci Channel Up since the very bottom of the last Bear cycle on November 21, 2021. 

In phase 1 of the bull cycle, the Bitcoin price is said to have traded within the Fib 0.0 to 1.0 range. In phase 2, Bitcoin traded within the 0.5 to 1.5 range. For phase 3, TradingShot stated that he expects the flagship crypto to trade within the Fib 1.0 to 2.0 range. 

The analyst highlighted the high symmetry between sequences, legs, and pullbacks within this pattern. He remarked that the one that stands out is that rallies so far tend to lead to a 100% surge. Specifically, TradingShot alluded to the April 14, 2023, and January 11, 2024 highs of over 100% rallies. The Bitcoin price then pulled back towards the 0.382 Fib retracement level. Therefore, this similar price action could play out for phase 3.  

Nokia Tackles Crypto Threats With Encryption Patent – Details

вт, 12/24/2024 - 17:00

Nokia, a Finnish telecoms company, is joining the crypto revolution. According to reports, Nokia has developed a technology for encrypting digital assets and addressing vulnerabilities.

The Finnish company formally applied for a patent for the encryption of digital assets with the Chinese Intellectual Property Administration last June 2024.

The patent, with publication number CN 119155674 A, identifies a device method and computer program to protect assets from vulnerabilities.

Nokia’s latest move reflects its growing commitment to blockchain technology after decades of being associated with the production of mobile devices.

Nokia: Encrypting Digital Assets

The patent’s abstract proposes encrypting a digital asset by initially using a key. Then, the asset will have another layer of protection using encryption, meaning only the user who holds the key can access the asset.

For example, an encrypted XRP or ADA will not be accessible to anyone except the person with the private key to these assets. As such, these digital assets are protected from hacking.

The proposed encryption process extends to indexing, identifying, and verifying these digital assets. In short, only the person who holds the key can use these assets for any type of online transaction, and they can only decrypt them after the transaction is confirmed.

Nokia’s latest pending patent addresses the growing problem of holders and investors who have experienced crypto theft and hacking.

Nokia’s Entry Into The Blockchain Niche

Nokia is expanding into the blockchain niche and saw an opportunity in the vulnerability of digital assets. Chainalysis reports that over $2.2 billion was lost to cryptocurrency hacking in 2024, underscoring the need for new security measures.

Nokia’s new patent on crypto encryption follows its initial investment in the Data Marketplace for enterprises in 2021. The company’s Data Marketplace runs on blockchain technology and is an attempt to expand its portfolio and venture into blockchain.

While having a patent doesn’t guarantee that Nokia will eventually develop the system, this technology can be used as the basis for future developments.

More Firms Are Venturing Into The Blockchain

Aside from Nokia, more traditional firms are now venturing into the cryptocurrency industry, reflecting the technology’s growing popularity and use cases. For example, Sony uses an existing blockchain technology with an R&D group working on Web 3.0. Other companies, like Apple and Microsoft, are creating their technologies and patents.

While many of these firms are still developing and researching blockchain products, a few companies are solidly invested in the technology. Mastercard is a perfect example, with two patents allowing trustless payment transactions through smart contracts and a system that converts cryptocurrencies to fiat.

Featured image from Reuters, chart from TradingView

Max Crypto Gains for 2025: 4 Hot Meme Coins That Can Easily Turn $100 into $1,100

вт, 12/24/2024 - 15:45

Will your ship arrive in 2025? Time to call up new meme coins that can do the work for you in the new year. 

If ever there was a year of meme coins, 2024 has been it, and the momentum could continue well into 2025. 

Meme coins have outperformed every expectation in 2024, with big names like Dogecoin ($DOGE) and Shiba Inu ($SHIB) seeing between 200% and 400% growth across every metric this year. And they seem to be hanging onto much of these gains, despite some noticeable volatility in recent days over the Fed’s hawkish attitude to crypto.

No Stopping the ‘Meme SuperCycle’ 

Overall, there’s no holding these puppies back, with $DOGE boasting a 433% growth in market cap over the year. New meme coins like Wall Street Pepe ($WEPE) and Solaxy ($SOLX) on the presale horizon are showing similarly ‘ridonculous’ gains potential.

Investor Murad Mahmudov believes the meme coin supercycle is still in full swing, and that the meme coins you hold today will determine your wealth by 2025-2026. 

To help you pick and hold the right coins as the year comes to a close, we’ve lined up 4 that could turn $100 into $1,100 in 2025. We’ve selected them as much for their utility as for their promising presale performance.

Let’s get into it!

Wall Street Pepe ($WEPE) Builds a Retail Investor Army, Tops $35M in Presale 

$WEPE has brushed off the market’s bad attitude, raking in $35M in the first three weeks of its ICO, with little sign of slowing down.

Wall Street Pepe marched onto the scene after its unaffiliated successor, Pepe Unchained ($PEPU), saw a staggering 592.43% gain after listing earlier this month.

Like $PEPE, our chill little frog bro $WEPE has picked up some serious Mr. Toad swagger, armed with the combined wits of his devoted ‘frog army’. $WEPE’s ability to build an investment community that could beat the Wall Street Whales at their own game is its main strength.

Its endorsement as an upcoming token by top wallet provider Best Wallet also serves as a strong indicator of its post-listing gains potential.

Today, the price of 1 $WEPE is $0.0003654, so it’s best to get in now before the next price increase. You can also join the Wall Street Pepe investment community on X and Telegram.

Solaxy ($SOLX) Enhances Solana Scalability With Its Layer-2 Solution

A week since launch, Solaxy’s native token $SOLX is flexing an almost $4.9M raise.

Solaxy has piqued investors’ interest with its plan to build a Layer-2 protocol on Solana to better handle high-traffic applications like meme coin trading. This project promises to reduce the delays some have experienced on the Solana blockchain. Because thousands of meme coins are launched and traded on Solana, this is a positive development for all degen traders. And as a multi-chain project, Solaxy brings the strengths of the Ethereum blockchain to the table.

You can buy $SOLX from the official presale website using $ETH, $USDT, and by credit or debit card.

 Read the whitepaper or join $SOLX on Telegram or X for more info on this exciting project.

Flockerz ($FLOCK) Is Up $7.7M Despite Market Cooling, Presale to End Soon

$FLOCK has continued to attract significant interest and capital despite the market dip, with over $7.7M raised in its presale so far.

This may be because Flockerz is more than just another quirky cartoon-themed meme coin. It introduces a new approach to meme coin governance with its innovative Vote-to-Earn (V2E) mechanism. This lets community members vote on key decisions regarding the project’s future and earn crypto rewards for their participation. 

This unique approach reinforces expectations of sustained engagement and decent post-listing performance.

For early investors looking to join the migration, one $FLOCK token is currently available for $0.006504. The presale is set to end in 29 days, so now may be the best chance to get $FLOCK at a pre-listing price. Join the Flockerz community on X and Telegram for updates.

Meme Index ($MEMEX) Makes Meme Coin Investing Easy

Meme Index is a new presale token that aims to help investors pick the right meme coins and diversify risk. Meme Index will give investors an at-a-glance view of the top meme coins of the day, sorted into four categories based on maturity and volatility.

The index will let you filter tokens according to your risk appetite. You can opt for ‘Titan’ coins like $DOGE, which offer the most stability, or take a shot with ‘Moonshot’ coins with a potential for 100x growth. If you’re feeling lucky, you can check out the ‘Frenzy’ coins – hot new meme coins showing early signs of success. 

Since launching, the $MEMEX presale has raised nearly $300K with one token currently priced at $0.01457.

Hope for the Best But DYOR

As the year winds to a close, you may have some time on your hands to dabble in meme coin trading. While all of these best meme coins show undeniable promise of 10x gains in 2025, if we’ve learned anything of late, it’s that the market continues to evolve and shift in unpredictable ways. That’s why we encourage you to do your own research and never invest more than you can afford to lose.

The Market Sell-Off Isn’t Deterring Institutional Crypto Investors, Inflows On An Upward Trend

вт, 12/24/2024 - 15:13

The small fish may be reacting to market-wide selling pressure, but institutional crypto investors have adopted a different stance, pouring hundreds of millions into digital asset investment vehicles last week. 

According to a CoinShares report, digital asset investment products saw inflows totaling $308M, masking December 19’s $576M outflows (the single largest day). Total outflows in the final 48 hours of last week stood at $1B. 

“While these outflows may sound alarming, they comprise just 0.37% of total AuM (assets under management), ranking as the 13th largest single-day outflow on record,” the report notes. “The largest single-day outflow took place in mid-2022 when the FOMC (Federal Open Market Committee) interest rate hike prompted $540M outflows (2.3% of AuM.)”

Price corrections, meanwhile, saw a $17.7B reduction in total AuM for digital asset exchange-traded products (ETPs), which CoinShares attributes to a market response to economic projections released by the FOMC on December 18. The US economy is forecast to grow 2.5% this year and 2.1% in 2025. 

Institutional Crypto Investors Favor $BTC and $ETH

CoinShares adds that multi-asset investment products experienced the most dramatic outflows in the same period, at a total of $121M last week.

On the other hand, Bitcoin ($BTC) saw $375M in net inflows, compared to Ethereum’s ($ETH) $51M. Whales played a significant role in $ETH inflows over the past few days, acquiring more than $1B (340K $ETH) despite $ETH’s current correction phase. 

Meanwhile, Binance reports that $ETH exchange-traded funds (ETFs) saw net inflows of $62.73M between December 16 and December 20. That brings the cumulative historical net inflow of $ETH ETFs to a total of $2.328B, with a total net asset value of $12.155B.

Whale Activity To Spur Meme Coin Crypto Prices

$ETH isn’t the only token attracting whales. Despite the recent dip, Dogecoin ($DOGE) has also seen increased whale activity, with two recent transactions totaling $23.5M and $34M respectively.

Typically, whale inflows signal investor confidence and act as a precursor to a crypto rally, so it appears market sentiment is about to change. 

That’s particularly good news for meme coin newcomers, including the recently listed Pepe Unchained ($PEPU) and Crypto All-Stars ($STARS), as well as Wall Street Pepe ($WEPE), which is currently on presale. 

Wall Street Pepe has a personal vendetta against whales trading in insider groups. That’s why he is assembling an army of retail investors. And by sharing his trading knowledge and market insights with them, he’ll turn those little guys into whales in their own rights. This clear and relatable goal makes $WEPE one of the best meme coins this December.

Despite a broader market turndown, investors have been flocking to the $WEPE presale. Since launching just 21 days ago, $WEPE raised over $35M, including $1.67M in the past 24 hours. This also raises the question: could $WEPE be the token that dethrones $PEPE?

Time for Retail Investors to Lead the Charge

$WEPE’s current price of $0.000365 is due to increase today. Even then, it will be a great early-bird investment—and an opportunity to support $WEPE’s mission to even the playing field for retail and institutional crypto investors.

But first, please take the time to DYOR; this article does not constitute financial advice. Find out more by visiting the official website, reading the $WEPE whitepaper, and checking out the X channel.

Flockerz ICO Enters Its Final Stage With $7.7M Raised, 29 Days Left to Join the Flock

вт, 12/24/2024 - 14:33

Who would have thought that a gang of blue birds could be so profitable? The new meme coin Flockerz ($FLOCK), on presale for another 29 days, has just hit $7.7M in token sales. Proving that it has some serious momentum behind it as it enters the final stretch.

So if you want to get in on some birdy action, you only have less than a month to buy your tokens at the cheaper presale price. After that, investors will start claiming their tokens and $FLOCK will list on DEXs – at a higher price.

Flockerz Is The First Crypto Where You Vote To Earn More

Every new crypto project should ideally have a unique selling point, and Flockerz doesn’t disappoint. If you buy $FLOCK coins, you earn the right to vote on Flockerz’s future direction. And when you vote, you earn more tokens. Welcome to Flocktopia!

As Flockerz says, “you own the future,” which kind of ties in neatly with Wall Street Pepe ($WEPE)‘s mission of bringing big rewards to small investors. Pepe is, of course, a frog, which shows that 2025 is the year when cute little animals will hopefully bring big handsome profits. 20% of $FLOCK’s total token supply is set aside for early investor rewards, while $WEPE is providing 15% for its top frogs. Influencers like Clay Bro consider both some of the best meme coins of the year.

Right now, the $FLOCK token price is $0.006504, with a stupendous staking APY of 356%. You can buy Flockerz ($FLOCK) through their website by connecting your wallet and handing over your cash, $ETH, or $USDT. Then, wait a month and see how much your $FLOCK is worth when it launches. Maybe you’ll make enough to fly south for the winter, like our feathered buddies?

Best Wallet Makes Buying Meme Coins Absurdly Easy

If you don’t have a crypto wallet yet and are into meme coins, Best Wallet might be your best bet. Its presale aggregator greatly simplifies buying new meme coins. No more jumping through hoops. With support for thousands of different tokens and 50+ chains, you can connect it to the Flockerz presale in seconds and secure your share of $FLOCK while it’s still available.

When you use Best Wallet, you’ll get the best exchange rates and lowest processing fees thanks to the platform’s high liquidity. And if you own the upcoming $BEST tokens, you’ll get even lower transaction fees. You can also apply for a Best Card, so you can spend your crypto balance in offline shops (yes, they still exist), and get an 8% cashback.

Always Verify And Confirm Your Information

As usual, we remind you that we can only predict which crypto coins will do well. We can’t guarantee that Flockerz will lay any golden eggs. So before you hand over any of your hard-earned cash, make sure to do your own research and come to your own conclusions.

Never take anybody’s word for it – including ours! Always decide for yourself. And never invest more than you can potentially afford to lose.

Shiba Inu Whale Transactions Spike 265% In Last 24 Hours, Can SHIB Drive Toward $0.00004?

вт, 12/24/2024 - 14:00

Shiba Inu (SHIB), one of the most talked-about meme coins in the cryptocurrency space, has seen a notable surge in whale activity in the past 24 hours. Particularly, data from on-chain analytics platform IntoTheBlock reveals a 265% increase in whale transactions within the past 24 hours.

Interestingly, this surge in whale activity is more notable as it comes after days of extended decline and profit-taking among Shiba Inu investors. As such, it opens up the discussion as to whether the Shiba Inu price could rebound from here and make the drive towards new highs.

Shiba Inu Whale Activity Picks Up After Notable Decline

Data from IntoTheBlock reveals an interesting trend in Shiba Inu whale activity in recent weeks. This interesting trend in Shiba Inu whale activity is revealed through the platform’s “Large Transactions” metric, which provides stats about transactions with a value of $100,000 or greater. 

According to this metric, whale transactions regarding Shiba Inu have generally been on a decline since the second week of December. Interestingly, this trend of low whale activity is relayed through the meme coin’s price, which has been marked by a notable decline since December 7. For context, the Shiba Inu network recorded 18.85 trillion SHIB tokens moved in large transactions on December 10. By December 22, this figure had dropped by about 94% to 1.07 trillion SHIB, which shows the subdued state of whale activity over the past few days.

However, the past 24 hours have been highlighted by a change in whale activity and large transactions. According to IntoTheBlock’s data, the volume of large transactions has surged to 3.75 trillion SHIB tokens, representing an impressive 250% increase compared to the previous 24 hours. This resurgence is not just confined to token volumes but extends to the monetary value of these transactions. Over the last 24 hours, large transactions have amounted to $84.24 million, a staggering 265% jump from the $23.06 million recorded in the preceding 24-hour period.

Market Impact Of Rising Whale Activity – Can SHIB Drive Toward $0.00004?

The resurgence in whale activity raises several questions about what could be driving this sudden uptick. It is possible that large holders are beginning to accumulate SHIB tokens again, potentially in anticipation of a broader market recovery as 2024 draws to a close. This renewed interest from whales could serve as an early indicator of a possible rebound in Shiba Inu’s price, particularly if it is accompanied by other bullish on-chain metrics such as increased active addresses and SHIB burns

At the time of writing, Shiba Inu is trading at $0.00002229, which has been up by 3.1% in the past 24 hours. This increase, although meagre, represents a change in the selling pressure that has clouded Shiba Inu in the past seven days. Furthermore, it tips the scale of recent surge in whale activity into accumulation and buying pressure. For SHIB to approach the $0.00004 level, it would need to sustain this buying momentum into the coming weeks.

Cardano Leader Charles Hoskinson Pushes Crypto Unity With Democratic Senators

вт, 12/24/2024 - 06:30

A key figure in the cryptocurrency sector is out on a mission to push for a bipartisan crypto policy that would redefine the regulations governing digital assets. Cardano founder Charles Hoskinson will talk with Senator John Fetterman and other Democratic senators to lobby the crafting and establishment of policies that match the circumstances surrounding cryptocurrencies.

Crypto A Bipartisan Issue

The Cardano founder explained that cryptocurrency can become a bipartisan issue by engaging Democrat senators next year.

“Crypto isn’t a republican issue. It’s an American and global issue. Only by bringing everyone together can we get to the next level,” Hoskinson said in a post.

The crypto founder’s approach is to encourage lawmakers from both the Republicans and the Democrats to pause fighting each other, saying that both camps should collaborate and examine thoroughly what crypto can do for the country.

When people ask how we make crypto a bipartisan issue, these are the Democrats we need to talk to next year. I’ll meet with Senator Fetterman’s people and those like him. Many in leadership positions felt that Warren and Biden had gotten crypto wrong, and now is the time to bring… https://t.co/ru9u8f5879

— Charles Hoskinson (@IOHK_Charles) December 22, 2024

Talk With Senator Fetterman

Hoskinson said that one of the Democrat senators he plans to talk to for the bipartisan crypto policy is senator John Fetterman of Pennsylvania.

“I’ll meet with Senator Fetterman’s people and those like him,” Hoskinson said on his X post.

Fetterman has been in the headlines after giving his insights on why Donald Trump won the recent US election.

In an interview, the Democratic lawmaker believes that Trump emerged triumphant in the last election because he was seen as a protector of the American way of life, adding, “Trump is not a fascist like Kamala Harris claimed.”

“A lot of Democrats, especially in my state that I know and I happen to love people that [voted] for Trump and they are not fascists,” Fetterman said.

He argued that Americans decided to go for the candidate whom they perceived was going to protect and project their version of the American way of life.

Hoskinson noted that the senator is the kind of leader that cryptocurrency needs, leaders who are willing to challenge party lines and think differently.

The Cardano founder argued that cryptocurrency is a victim of political crossfire from the hard stance of the Biden administration and some US policymakers like Elizabeth Warren against the crypto sector.

Crypto Users Bill Of Rights

Hoskinson is also advocating a “Bill of Rights” for crypto users, a proposal he plans to push for.

He explained that the suggested “Bill of Rights” would focus on consumer protection, fair taxation, and clear asset classification.

Furthermore, the crypto founder initiated a campaign that he dubbed “Operation Baseline,” saying that the campaign aims to identify inefficiencies in the cryptocurrency market in the country and craft legislation that will address these inefficiencies.

Featured image from DALL-E, chart from TradingView

XRP Wallets Have Been Growing At Parabolic Rate Recently, Data Shows

вт, 12/24/2024 - 05:00

On-chain data shows the XRP blockchain has witnessed sharp wallet growth recently and has outpaced giant networks like Bitcoin and Ethereum.

XRP Has Been Gaining Rapid Adoption Recently

According to data from the on-chain analytics firm Santiment, the top cryptocurrencies have witnessed significant growth in Total Amount of Holders over the last couple of years.

The “Total Amount of Holders” here refers to an indicator that, as its name already suggests, keeps track of the total number of non-zero balance addresses that are present on a given network.

When the value of this metric rises, it can suggest new investors are joining the blockchain and/or old ones who had sold earlier are buying back. The trend can also arise when existing users create multiple addresses for a purpose like privacy.

In general, all three of these are at play to a degree at once whenever the Total Amount of Holders goes up, so some net adoption of the cryptocurrency could be assumed to be taking place.

On the other hand, the indicator going down implies some of the investors have decided to exit from the asset, which is why they are clearing out their addresses.

Now, here is a chart that shows the trend in the Total Amount of Holders for the top four cryptocurrencies by market cap: Bitcoin, Ethereum, Tether, and XRP.

As is visible in the above graph, the Total Amount of Holders has seen a sharp increase for all four of these assets over the last couple of years. This naturally suggests that the cryptocurrency sector has seen a high influx of users.

While Bitcoin, Ethereum, and Tether have witnessed a more or less consistent uptrend in this period, XRP has shown divergence recently as the indicator has skyrocketed for it.

From the chart, it’s visible that the Total Amount of Holders started its breakaway for the coin on October 18th. Interestingly, the asset’s price didn’t begin to rally until the middle of November, so it would seem that it’s this rapid adoption that helped build up a solid ground for the cryptocurrency to run on.

In terms of the long-term trend, USDT has been the asset that has seen the most adoption, with its Total Amount of Holders rising by around 66% during the past two years. Ethereum has been second at 47% and XRP third at 28%. Bitcoin has only been marginally behind with a 27% increase.

While XRP has held its own in terms of adoption rate, the network is still the smallest among these giants with its number of investors standing at 5.75 million right now.

XRP Price

XRP has observed a slowdown alongside the rest of the cryptocurrency sector as its price is still trading around $2.17.

BlackRock’s Ethereum ETF Soars Past 1 Million ETH – Can Price Follow?

вт, 12/24/2024 - 03:30

While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock’s iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, even as its price performance in 2024 remains lackluster.

Institutional Interest In Ethereum On The Rise

Year-to-date (YTD), Ethereum – the second-largest cryptocurrency by market cap – has risen by 43%, climbing from approximately $2,280 on January 1 to $3,283 at the time of writing. While this is notable, ETH’s performance has been overshadowed by other cryptocurrencies like XRP, Solana (SOL), and SUI, which have posted significantly higher gains in the same period.

However, Ethereum holds a key advantage over most altcoins – direct access to institutional investors through regulated ETFs, akin to Bitcoin’s position in the market. In a recent post on X, crypto entrepreneur Dan Gambardello highlighted that BlackRock’s Ethereum ETF has now surpassed one million ETH in holdings.

Gambardello noted that ETH’s consolidation below its all-time high (ATH), combined with growing institutional interest, sets the stage for a potential altcoin season “unlike any we’ve ever seen.” Recent ETH ETF inflow data appears to support this outlook.

According to data from SoSoValue, US spot ETH ETFs have had four continuous weeks of net inflows, attracting more than $2 billion in capital. The total net assets held across all US spot ETH ETFs stand at $12.15 billion, equivalent to almost 3% of Ethereum’s total market cap.

Crypto analysts remain optimistic that Ethereum, the leading smart-contract platform, is on track to reach a new ATH. For instance, CryptosRus pointed out that historically, Ethereum has demonstrated bullish price action during the first four months of the next year, following US presidential elections.

The chart below shows that after the 2016 US election, ETH rallied significantly during the first quarter of 2017. A similar pattern was observed in 2021 following the 2020 election, with Ethereum recording four consecutive weeks of price increases.

From a technical perspective, crypto analyst @CryptoPoseidonn shared an 8-hour ETH chart, suggesting that ETH may bottom around the 200-day exponential moving average (EMA), marked in green. The analyst stated:

The first pullback since the last significant upside move, and fear is at its peak. I believe this is where we print a higher low. Dips like these are opportunities to increase your spot exposure.

Is The Market Correction Nearing Its End?

The total crypto market cap has dropped from $3.9 trillion on December 16 to $3.4 trillion at the time of writing – a $500 billion loss in a week. Data from Coinglass reveals that over $289 million worth of liquidations occurred in the past 24 hours alone.

Despite this downturn, seasoned crypto analyst Pentoshi suggested on the 3-day chart that the crash could serve as a retest of the previous crypto market cap ATH recorded in November 2022. If so, this level might act as a base for the next upward rally.

However, not all analysts are bullish in the short term. Renowned crypto entrepreneur Arthur Hayes recently warned of a potential market downturn around Donald Trump’s inauguration in January. At press time, ETH trades at $3,283, up 1.2% in the past 24 hours.

Hyperliquid (HYPE) Threatened By North Korean Hackers: What Investors Need To Know

вт, 12/24/2024 - 02:00

Hyperliquid (HYPE), a decentralized perpetual exchange (DEX) operating on its own Layer 1 blockchain, is currently grappling with significant security concerns after observing abnormal trading activities linked to North Korean hacker groups. Several addresses marked as North Korean hacker have been trading on Hyperliquid, with a total loss of more than $700,000, as first highlighted by @tayvano_, a crypto threat tracker known for his expertise in identifying risks related to North Korean cyber activities.

According to @tayvano_, the nature of these transactions suggests that they may be tests of Hyperliquid’s security systems rather than mere financial activity. He expressed his concerns through a post on X. “DPRK’s trading career is…uh….going….. tbh if I was the dude managing Hyperliquid’s 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting my pants right now. Hyperliquid dudes don’t seem worried at all though so I’m sure its fine. […] DPRK doesn’t trade. DPRK tests,” he explained.

Further underscoring the urgency of the situation, @tayvano_ followed up with a strong statement about the necessity for immediate action by Hyperliquid to enhance its defenses. “My offer from 2 weeks ago still stands Hyperliquid. I’m still happy to do it async or via a call. I can even give you one of my super nice happy colleagues if you don’t like me. But a massive amount of harm will come to people if you don’t harden your ass asap,” he warned.

Hyperliquid Faces Some Serious Risks

Prithvir Jhaveri, founder and CEO of Loch, a personalized crypto portfolio analytics and intelligence platform, provided an assessment of the challenges which Hyperliquid is facing via X. Jhaveri detailed the operational security risks, highlighting the exposure due to the platform’s reliance on a minimal number of validators.

“Wallet addresses well-known to be from the North Korean hacker group Lazarus have been testing Hyperliquid. Typically, these addresses perform tests with live funds before coordinating a hack. Their preferred method of approach is phishing. HL has only 4 validators, all running the same code,” Jhaveri reported.

He also elaborated on the regulatory challenges that Hyperliquid might face. He discussed the potential for violations of US Office of Foreign Assets Control (OFAC) sanctions and Securities and Exchange Commission (SEC) regulations due to the platform’s interaction with entities from a sanctioned country and its operation as an unregistered broker, respectively.

They’re operating financial software that is being used by an OFAC-sanctioned country (DPRK). They can argue that their software is open source and non-custodial, but we’ll have to wait and watch. Moving from 4 validators to 16 could help their case,” he explained about OFAC risks.

About the SEC risks, he added: “The SEC could go after HL for operating as an unregistered broker. The good thing for HL is that the next administration’s SEC and Congress are positioned to be pro-crypto and freedom. The issue, however, is that the sponsors for this crypto lobby are directly competitive to HL. HL didn’t take any VC funding. They’re up against the big money that is economically incentivized to protect the interests of the current CEXs (Coinbase and Kraken) and L1s (Ethereum and Solana).”

The concentration of market-making activities within Hyperliquid’s own liquidity provider (HLP) is another concern Jhaveri raised, pointing out the risks associated with a centralized approach to liquidity. He warned that any significant exploit could lead to substantial financial loss for customers: “The HyperLiquid Liquidity Provider (HLP) is by far the largest MM by volume […] One bug or exploit and customer funds could vanish quickly.”

In conclusion, Jhaveri summarized the strategic position of Hyperliquid amid these challenges. “The HL team has built an incredible product. Trading perps on Hyperliquid is unparalleled in UX. However, the risks they face are not nothing. If they can overcome these, Valhalla is not far away […], but I’m struggling to see the risk-adjusted upside in bidding right now.” he concluded.

At press time, HYPE traded at $28.

Litecoin HODLing Strong Despite 15% Crash: 54% Of Supply Dormant Since 1+ Years

вт, 12/24/2024 - 00:30

On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed.

Litecoin HODLers Currently Control The Majority Of Supply

In a new post on X, Litecoin’s official handle talks about how the asset supply is distributed between its different cohorts right now. The investors have been divided into the groups in question based on holding time.

There are three such cohorts relevant here: Traders, Cruisers, and HODLers. The first of these, the Traders, refers to the investors who bought their coins within the past month. This cohort includes the new investors and short-term traders of the market, so the supply held by them is constantly in motion.

Holders that make it past the one-month cutoff are put into the Cruisers group. This cohort represents the side of the sector that has the potential to evolve into a resolute wall.

Investors that hold past the one-year mark without moving their coins even once can be assumed to have lived up to this potential and are put in the HODLers category.

Below is the chart from the market intelligence platform IntoTheBlock shared by the Litecoin X account that shows how the supply held by each of these three groups has changed over the course of the network’s history:

As displayed in the graph, the supply held by Litecoin Traders has observed an increase recently, which suggests the older cohorts have been breaking their dormancy.

It’s also visible, however, that the Cruisers have witnessed their supply moving sideways at the same time, implying the coins on the move have been older than one year. That is, the HODLers have potentially been participating in a selloff.

These investors generally tend to be quite resolute, but it’s not unusual to see them taking profits during bull runs. The decline in their supply has also not been anything too significant so far. More importantly, the latest crash in the Litecoin price hasn’t caused these investors to panic and sell.

After the decrease, the HODLers carry 40.5 million LTC in their wallets, equivalent to almost 54% of the total LTC supply. A lot of this supply is also actually much older than one year, as the cryptocurrency’s handle has revealed the average holding time on the network is 2.4 years per token.

Something to note is that while selling registers immediately in the supply charts of the older cohorts, buying isn’t the same. Whenever the Cruisers or HODLers see an increase in their supply, it doesn’t mean that accumulation is happening in the present, but rather that it occurred one month or one year ago.

This is naturally due to the fact that coins have to age up sufficiently first in order to be counted among these cohorts. In contrast, transactions instantly reset back their age to zero, which is why selling is immediate.

LTC Price

At the time of writing, Litecoin is trading around $102, down 15% over the last week.

Crypto Market Sees $1 Billion Outflows—Bitcoin And Select Altcoins Show Resilience

пн, 12/23/2024 - 23:00

The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed.

According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive trends. However, there was also a series of outflows that amounted to roughly $1 billion.

Deciphering The Fund Flows

The data shared by CoinShares highlighted substantial outflows, with December 19 witnessing a single-day outflow of $576 million. The final two days of the week contributed an additional $1 billion in total outflows, raising concerns among market participants about sustained investor sentiment.

James Butterfill, Head of Research at CoinShares, explained that these outflows “coincided with a price correction” and “followed the hawkish outlook” presented by the Federal Reserve during its Federal Open Market Committee (FOMC) meeting.

According to Butterfill, the market reacted to the revised “dot plot,” which suggested potential future interest rate hikes. Despite these notable outflows, the cumulative impact on total assets under management (AuM) was relatively minor, equating to just 0.37% of total AuM.

Butterfill further noted that this event ranks as the 13th largest single-day outflow recorded, with the most significant outflow occurring in mid-2022 after a similar FOMC announcement.

While the headline numbers suggest market caution, Bitcoin (BTC) showed resilience, managing net inflows of $375 million despite intra-week volatility. Notably, short Bitcoin products saw minimal activity, indicating continued investor confidence in Bitcoin’s long-term potential.

Altcoins and Multi-Asset Investment Trends

The report further revealed the contrasting performances between various altcoins and multi-asset investment products. Particularly, outflows from multi-asset funds were quite significant hitting $121 million, as investors took a more selective, asset-specific approach.

Such behavior indicates investors are becoming pickier and targeting assets with firmer fundamentals and the potential to grow. Ethereum (ETH) remained a prominent performer, securing $51 million in inflows over the week.

These inflows reaffirm Ethereum’s position as a key player in the digital asset space, driven by sustained institutional interest and optimism surrounding its technological upgrades.

However, not all major altcoins shared this positive momentum. Butterfill reveals that Solana (SOL) experienced $8.7 million in outflows, contrasting sharply with Ethereum’s positive movement.

It is worth noting that the discrepancy suggests a divergence in investor sentiment between these two major assets, potentially influenced by ongoing ecosystem developments and perceived risks.

In contrast, following ETH, XRP emerged as one of the standout altcoin performers, recording $8.8 million in inflows. Similarly, Horizen (ZEN) and Polkadot (DOT) reported inflows of $4.8 million and $1.9 million, respectively, highlighting a preference for specific altcoins despite broader market volatility.

These inflows suggest continued investor confidence in the long-term potential of select blockchain ecosystems, even amid short-term corrections.

Featured image created with DALL-E, Chart from TradingView

Bitcoin Average Trading Volume On CEX Stands At $31B – Still Far From The Record Highs In March

пн, 12/23/2024 - 21:30

Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure remains bullish, fueling optimism among analysts and traders who believe Bitcoin’s rally could resume at any moment. Market sentiment appears cautious but hopeful, with many eyeing key support and resistance levels for confirmation of the next major move.

CryptoQuant analyst Axel Adler recently shared intriguing data on X, shedding light on Bitcoin’s current trading dynamics. According to Adler, the average daily trading volume on centralized exchanges (CEX) is currently at $31 billion—significantly lower than the $40 billion record highs observed in March and December of this year. This decline in trading activity suggests that market participants are waiting for clearer signals before committing to large positions.

The reduced trading volume highlights an environment of consolidation and potential accumulation as BTC continues to hold above critical support levels. With bullish sentiment still intact and on-chain metrics pointing to strong fundamentals, the coming days could provide pivotal insights into Bitcoin’s trajectory. Investors are now closely monitoring the price action for signs of renewed momentum as the market braces for what could be the next phase of Bitcoin’s bull run.

Metrics Suggest An Ongoing Rally

Bitcoin has been undergoing a period of consolidation below its all-time high, and many investors have felt a sense of uncertainty, wondering if the cycle’s top has already arrived. This fear has been amplified by the recent price pullback, but key metrics suggest that there is still plenty of room for growth and demand in the market. The current price action might look bearish to some, but the underlying data points to a continued bullish outlook in the near term.

Top analyst Axel Adler recently shared insightful data on X, revealing that the average daily trading volume on centralized exchanges (CEX) currently stands at $31 billion, which is $9 billion lower than the record highs observed in March and December of this year. 

Despite this decline in volume, it suggests that the market is in a consolidation phase rather than a full-blown downturn. Additionally, ETF trading volumes remain strong, averaging $4.4 billion per day, with a peak of $6.7 billion reached in March. Combined, these metrics total an average of $35.5 billion in daily trading volume, reflecting substantial activity in the market.

Now, consider the scenario where traditional finance (TradFi) never entered the space. In such a scenario, the market would have likely continued as it has in the past—driven by futures and spot market activity during cycle peaks.

 The involvement of TradFi has undoubtedly added liquidity, but it hasn’t fundamentally altered the market’s natural dynamics. The fact that Bitcoin continues to experience healthy trading volume suggests that the bull market may not be over just yet.

Bitcoin Holding Strong Above $95K

Bitcoin is currently holding above the crucial $95,000 level, which is a key price point for determining the short-term direction. This level has acted as a significant support zone, and if BTC can maintain its position above $95K in the coming days, a push towards the $100K mark would be expected. This potential upward move would signal that the bulls are regaining control and are preparing to challenge previous all-time highs.

However, if BTC fails to hold above $95K and loses this level of support, it would likely send the price to test lower demand zones. In this scenario, the next significant support level lies around $92,000, which could act as a critical test for the market’s strength. A breach below this mark would increase the likelihood of a deeper correction, with BTC possibly moving toward even lower levels. 

The coming days will be crucial for BTC, as maintaining support above $95K is vital for sustaining the bullish momentum and avoiding further downside pressure. The market remains in a delicate balance, and the next move could determine whether Bitcoin continues its ascent or faces a more significant pullback.

Featured image from Dall-E, chart from TradingView

Analyst Presents Master Plan For This Meme Coin To Jump 1,100% In Q1 2025 – It’s Not Dogecoin Or Shiba Inu

пн, 12/23/2024 - 20:00

Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Floki is projected to skyrocket by at least 1,100% in Q1 2025.

Floki Set For 1,100% Pump In Q1 2025

In a recent X (formerly Twitter) post, Master Kenobi expressed optimism about Floki’s future price prospects. He based his forecasts on historical price cycles, which appear to follow a predictable pattern every 365 days. 

The analyst shared a chart showing that Floki has exhibited recurrent bull patterns approximately one year apart. During each year, a significant price pump began after a period of consolidation, marked by the red arrows and purple rectangles on the chart. 

Kenobi highlighted that during the 2021 price pump, Floki surged 92X after undergoing a consolidation period of about 112 days. Following this pump, the meme coin experienced a massive decline of about 98.5% before stabilizing slightly and starting another round of consolidation. 

Over the past few years, the price of Floki has surged significantly, experiencing a bullish trend similar to that of its 2021 pump. The chart’s data shows that the meme coin rose 11X in 2022 and 22X in late 2024.

Based on this recurring bullish trend, Kenobi suggests Floki is approaching a breakout zone where its price could skyrocket to new highs this cycle. The analyst projects a minimum 10X to 11X pump for Floki by Q1 2025. 

The yellow rectangles on the chart indicate a critical time frame before a major breakout, with a significant price jump often occurring after 112 or 140 days of consolidation. If past trends hold, Kenobi predicts Floki could see a breakout after two weeks if it consolidates for 112 days or in early February if it stabilizes for 140 days. 

Looking at the chart’s analysis, each cycle Floki recorded a massive price pump, with an upward movement lasting about 35 days. Following the recurrent historical trends, a similar timeframe is anticipated for Kenobi’s projected 1,100% price breakout for Floki

According to CoinMarketCap, the price of Floki is currently trading at $0.000169, reflecting a 25.4% crash over the past week. Despite this downtrend, if Floki can surge by 1,100%, it would propel its price to $0.00185, marking a new all-time high.  

Macro Indicators And RSI

In addition to historical data, Kenobi has revealed that macro indicators like Floki’s Relative Strength Index (RSI) add credibility to his 1,100% price forecast for Floki. Historically, when the RSI reached similar levels after each consolidation phase, Floki followed up with an explosive price action

This consistency between past trends, technical indicators, and Floki’s price behavior further strengthens the analyst’s confidence in his bullish prediction of an 11X surge by Q1 2025.

Dogecoin Set For A Potential Rebound, A Big Upsurge For DOGE Incoming?

пн, 12/23/2024 - 18:30

Recent price movements suggest a potential resurgence of Dogecoin’s upward momentum in the midst of growing volatility within the general crypto market. As a result, several crypto analysts continue to display robust confidence in the dog-themed meme coin’s upside trajectory toward higher levels.

A Rally For Dogecoin Just Around The Corner?

Despite prevailing bearish market sentiment, a bullish sign has been spotted in Dogecoin’s current price performance. Market expert and investor Trader Tardigrade has pointed out that DOGE could be gearing up for a major move in the near future. This bold prediction indicates the meme coin’s resiliency and stability amidst waning conditions. His growing confidence in Dogecoin is solely attributed to a bullish trend cited on the DOGE’s 3-day time frame, particularly an Ascending Trend Zone.

According to the market expert, Dogecoin has converted previous resistance into support, signaling renewed strength in the meme coin’s price action. Meanwhile, a price rejection is seen at the ascending trend zone.

Investors and traders have taken notice of this optimistic trend, seeing it as a possible basis for future upward momentum. Trader Tardigrade claims that the development is a good and encouraging indication that the market continues to move in the right direction.

Dogecoin further showcases its potential for substantial upside growth following the formation of an Ascending Channel pattern. This key pattern, also known as channel up, consists of two lines facing an upward direction, representing resistance and support levels or higher highs and higher lows.

The expert highlighted that Dogecoin, forming the key pattern from the bottom, has reached near the upper line of the channel. With market sentiment improving, DOGE’s ability to break above this newly established pattern could pave the way for significant price gains in the coming sessions.

Trader Tardigrade highlighted that the anticipated breakout may occur anytime soon, citing the recreation of a large bullish candle observed in January 2021. He expects the official announcement about business mogul Elon Musk assuming his duties as the head of D.O.G.E (Department of Government Efficiency) in January 2025 to propel the meme coin’s price, possibly reaching new all-time highs.

DOGE Bearish Performance Continues

Dogecoin continues to witness bearish movement, raising uncertainty about its short-term potential. The persistent drop has impacted investors’ confidence, leading to a nearly 25% decline in trading volume in the past day.

At the time of writing, DOGE was trading at $0.31, indicating a more than 20% decrease in the last 7 days. Once DOGE regains its upbeat strength, the next crucial resistance level to watch out for could be the $0.337 mark. Justin Bennet, a technical analyst and trader, anticipates a rally to $0.48 and $0.74 should the meme coin reclaim the $0.337 level on the daily time frame and higher.

5 Crypto Coins Trending This December That You Don’t Want to Miss

пн, 12/23/2024 - 17:50

The long-awaited Santa Rally seems to have come to a premature end – but you’ve still got the Christmas bonus burning a hole in your pocket.

With Bitcoin finishing down last week for the first time since early November, investors are consolidating their positions. But where should you drop some USD if you have a little free pocket change and want to buy the dip?

While the slight downturn is not quite the Christmas gift we’re looking for – the market remains strong, up 100% in total market cap over a year ago.

And with a pro-crypto US government about to take the reins, there’s plenty of potential out there, especially in the altcoin space. That’s why we’ve rounded up the five 5 low-cap coins you shouldn’t underestimate as 2025 draws to a close. 

Solaxy – The Solana Upgrade You Always Wanted

More than a mere meme, Solaxy ($SOLX) is a coin with real utility, and aims to solve the problem some people have experienced with the Solana platform.

Solana – which staged a successful comeback in the latter half of 2024 – is widely considered faster and more reliable than Ethereum.

But that doesn’t mean it’s as fast or as reliable as it could be. That’s where $SOLX comes in. 

The Solaxy project bills itself as the first-ever Solana Layer-2. The $SOLX token offers lucrative staking in the early stages, and the project has already reached $4.6M in presale. 

$SOLX is also multi-chain, so it blends the speed and scalability of Solana Layer 2 with the increased scalability of Ethereum.

Currently, 1 SOLX = $0.001576 in the presale, but the price is set to go up soon.

iDEGEN – AI-Powered Crypto Degen Trading

AI is what you make of it. 

So what if you made it a crypto-obsessed, degen-trading, memecoin-loving blockchain addict?

That’s exactly what iDEGEN is — a blank-slate AI created without existing restraints or guardrails and set loose on the crypto Twitterverse, or is that Xverse? In any event, every time someone tweets at or responds to iDEGEN, it responds – and it learns.

The idea of an AI degen that’s even more addicted to shitcoins than we are seems to have its appeal; iDEGEN released a V2 last week and instantly saw a boost in presales to over $8M.

The project is attracting a lot of press, and going through the X feed is a treat.  Also, who says AI can’t be used to your advantage?

Wall Street Pepe – Green Frog Vibes, Wall Street Smarts

$WEPE relies on some simple math. 

Take one (1) OG Pepe the frog, add one (1) Wall Street hedge investor type, and get two (2) winning ideas: a savvy investment community and $PEPE memecoin chops.

With the tagline ‘Trade like $PEPE, buy $WEPE,’ Wall Street Pepe is smashing records in its presale and looks set for sustained success.

$WEPE already has $35M raised with weeks to go in its presale period. The token looks set to emulate and even top the success of the original Pepecoin and the recent Pepe Unchained memecoins.

1 $WEPE = $0.0003653, at least until the next price increase.

Vantard – Diversify with a Memecoin Portfolio

Vantard wants to make crypto investing cool. And easy. And profitable. 

The presale, still in its early stages, is showing signs of promise, with nearly $1M raised so far.

Vantard offers an investment portfolio of memecoins as a way to supercharge return on investment in the highly volatile – but highly lucrative – memecoin sector.

It’s a unique approach, offering time-poor investors an easy way to invest in a curated selection of the top memecoins, all through one token, the provocatively named, $VTARD. 

Dogizen – Be First with a Telegram Gaming ICO

Telegram gaming (and memecoin investing, and igaming, and so much more) took off in 2024. In fact, Telegram’s own token, $TON, also made waves.

Now, Dogizen aims to be the first Telegram ICO.

The first of anything is always exciting, and Dogizen looks set to further bridge the gap between Telegram’s millions of users and the growing number of crypto investors.

Dogizen has also been rumored to be in the running for a Binance listing, which is sure to add to the $2.4M raised in the presale so far.

Purchase Dogizen tokens for $0.000081 before the next stage of the presale.

Santa: Delivering Memecoin Winners for Christmas?

While there’s no guarantee with memecoins, we think it’s a good idea to keep an eye on these 4 coins – Santa might be leaving a crypto winner under your tree.

That said, this is not investment advise. You need to do your own research and make sure that you’ve got a clear head before making any investment.

Cardano Founder Clarifies Partnership Strategy Amid Governance Issues

пн, 12/23/2024 - 17:00

In a livestream on December 21, titled “Partnerships,” Cardano founder Charles Hoskinson addressed lingering questions about the relationship between Input Output (IO) and the Cardano Foundation (CF), while also offering broader insights into the ecosystem’s path forward. During the nearly 40-minute session, Hoskinson responded to a public remark by a longtime community member, Rick McCracken, touching on everything from on-chain governance to potential integrations with ecosystems like Polkadot, Hedera Hashgraph, and more.

Hoskinson Takes Another Jab At The Cardano Foundation

The conversation stemmed from McCracken’s post on X questioning whether disagreements between IO and the CF might jeopardize external partnerships. In that post, McCracken expressed concern, writing, “If Charles, Tam, and Fred can’t build a lasting professional relationship between IOHK and Cardano Foundation inside of the Cardano ecosystem, why should I expect them to build the lasting professional relationship with organizations outside the ecosystem?”

Hoskinson responded directly, explaining his frustration with what he calls a longstanding, “philosophical and fundamental difference” between the two entities. Throughout the livestream, he emphasized that these disagreements largely revolve around the foundation’s structure and its use of community funds, which he believes should be steered by the ecosystem rather than a closed board.

“For three years, there’ve been disagreements and fights because there’s a philosophical and fundamental difference between the Cardano Foundation and Input Output,” Hoskinson stated. “Some fights are worth having, because that’s a war chest for our ecosystem and it’s under the control of people that are unaccountable to the community.”

A central point of contention, according to Hoskinson, is the Cardano Foundation’s control over an estimated $600 million worth of ecosystem funds. He underscored that, in his view, these funds are “the community’s money” and should be deployed with robust transparency and accountability.

“It’s $600 million of your money, my money, everybody’s money,” Hoskinson said. “That’s the philosophical issue, and for three years behind the scenes, our people and their people tried to hammer this out.”

Hoskinson insisted that conflicts over governance are not simply “petty differences.” Instead, he described them as core to Cardano’s decentralized identity and future, particularly as the platform moves toward on-chain governance through CIP-1694 and prepares for major developments in 2025.

Upcoming Cardano Partnerships

Despite internal governance challenges, Hoskinson stressed that external collaborations remain robust. He pointed to ongoing talks with various blockchain ecosystems—Polkadot, Hedera Hashgraph, and Elrond (now MultiversX)—as well as discussions with big tech players like Microsoft Azure.“We have never had better opportunities as an ecosystem to make partnerships with people because the reality is we have great tech,” he said. “What are we doing with the Polkadot ecosystem, what are we doing with Elrond, what are we doing with Hedera Hashgraph? … We’re going to have some great announcements.”

With regards to Microsoft Azure, Hoskinson revealed: “[I’m] talking to all the legacy people as well. Especially the big guys. Just had a meeting with Microsoft Azure because they’re a confidential Computing Consortium. This whole idea of merging this big infrastructure, it’s a great play for Midnight.”

Speaking on the latter, Hoskinson highlighted Midnight, an upcoming Cardano-based protocol focused on data protection, privacy, and confidential computing, which he said has “95 partnerships” already in the pipeline.

Throughout the livestream, Hoskinson consistently underscored the importance of on-chain governance as the long-term mechanism to resolve disagreements and steer Cardano’s evolution. He applauded community-driven initiatives like Intersect and Pragma, both aimed at bringing more coordination among builders, core developers, and other stakeholders.

“Your duty as a Constitutional Committee Member—and it’s the duty of the Cardano people who participate in governance—is to put the spotlight on the on-chain governance system,” he noted, urging individuals across the community to “grow up” and engage productively.

Despite acknowledging tensions, Hoskinson remains optimistic about Cardano’s trajectory. He referenced the ecosystem’s growing DeFi and NFT sectors—pointing to teams such as Midgard and Gummy Worm on Layer 2, and the upsurge in memecoins within the Cardano ecosystem.

“We have a great DeFi ecosystem,” Hoskinson said, naming multiple projects. “Every year, month after month, they grow in population, they grow in TVL, they keep releasing new additions. They’re learning how to build on Cardano.”

At press time, ADA traded at $0.90.

Ball Star ‘Bo’ Hines to Coach Crypto Council as $WEPE Keeps All Eyes on the Prize

пн, 12/23/2024 - 16:53

In the US, former football star Robert “Bo” Hines has been appointed as executive director of the Presidential Council of Advisers for Digital Assets, signaling yet another positive move for cryptocurrency policy. 

President-elect Donald Trump broke the news on his social media platform Truth, announcing Hines as the latest addition to his newly formed Crypto Council, which Trump describes as an “advisory group composed of luminaries from the crypto industry.” 

Hines is a law graduate and former college footballer who played for the NC State Wolfpack and Yale Bulldogs. After retiring from American football in 2017, the Republican entered politics in 2021. 

Trump is wasting no time in assembling his luminous Crypto Council. He recently announced that it’s to be chaired by “AI and crypto czar” David Sacks. This South African-born entrepreneur has been mandated to “work on a legal framework, so the crypto industry gets the clarity it has been asking for, and can thrive in the US,” according to Trump.

Another recent Trump appointment is that of Sriram Krishnan as Senior Policy Advisor for AI at the White House Office of Science and Technology Policy.

Sriram, a founding member of Windows Azure, is expected to work closely with Sacks and the Crypto Council. 

Full Speed Ahead For Cryptocurrency

Having a Crypto Council in the White House is a highly significant move for cryptocurrency. The advisory group of pro-crypto hotshots is set to focus exclusively on digital-asset policies in the US. And with the right legislation in place, the crypto market can only grow. 

Trump also plans to establish a US bitcoin strategic reserve, prompting MicroStrategy founder Michael Saylor to claim that a bitcoin reserve could create $81 trillion for the US Treasury.

Saylor is also proposing a digital assets framework, under which clear roles for issuers, exchanges, and owners will be defined, evening the playing field and ensuring that no participant – regardless of their role – is able to“lie, cheat, or steal.”

That’s great news for the cryptocurrency market, including newcomers such as Wall Street Pepe ($WEPE). This presale meme coin has a similar mantra – evening the playing field for the smaller frogs and preventing whales from manipulating the crypto market.

Wall Street Pepe is building an exclusive, insider community, giving everyday investors an opportunity to take on the whales and see their own high returns by working together and sharing insights and tips. 

Touted as a presale meme coin to watch, $WEPE has been smashing every new presale record with $35M already raised. It saw a $6 million capital inflow within just 24 hours and has a rapidly growing frog army on X marching in step as the meme-coin momentum continues.

A heads-up, though. The presale is about to enter its next stage, so the clock is ticking if you’re considering taking the leap. Remember, it’s your responsibility to DYOR, as this article does not constitute financial advice.

Begin with a visit to the $WEPE X channel, and take some time to read the whitepaper

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