📊📈 IntoTheBlock: Restaking emerged as a new primitive in crypto this year, enabling applications to be secured using existing staking networks or liquidity.
Restaking protocols managed to attract over $25 billion in assets.
📊📉 #BTC's volatility is increasing as it surpasses the $100,000 mark, but it remains far from the levels seen in the previous cycle or the beginning of this one.
Читать полностью…📉 L2Beat: The total volume locked (TVL) of the Ethereum Layer 2 network has fallen by 10% over the past 7 days and now stands at $47.1 billion.
Читать полностью…🔝 Projects by Diluted Valuation launched this week. #USUAL #PENGU #FUEL #ODOS #EARNM
Читать полностью…🇪🇺🏦 German DekaBank received a banking license for storing cryptocurrency from the country’s regulator BaFin and the European Central Bank (ECB).
Читать полностью…🔓📝 Upcoming major unlocks next week:
#IMX 1.45% ($35,06M) - Dec. 27
#ADA 0.05% ($16,37M) - Dec. 26
#ENA 0.44% ($12,86M) - Dec. 25
#YGG 3.43% ($7,14M) - Dec. 27
#EIGEN 0.61% ($5,47M) - Dec. 24
#FET 0.13% ($4,48M) - Dec. 28
#AGIX 2.35% ($4.41M) - Dec. 28
🎢🤔 Centralized Exchange Leverage Risks Amid Bull Run
CryptoQuant analyzed crypto exchanges' leverage ratios (open interest vs. reserves) to assess liquidity and default risk. Key Findings:
▪️ Binance: Maintains strong reserves with the lowest leverage ratio among major exchanges (12.8 in Dec 2023 to 13.5 in Dec 2024), despite a 2.6x rise in Bitcoin open interest ($4.45B to $11.64B).
▪️ Smaller Exchanges: OKX also shows low leverage.
▪️ High-Risk Exchanges: Gate, Bybit, and Deribit have leverage ratios of 106, 86, and 32, with open interest exceeding or nearing reserves.
Monitoring leverage is critical, as high leverage contributed to the FTX collapse in Nov 2024, where reserves fell to zero while open interest stayed high.
🗣 #BTC BlackRock CEO Larry Fink admits that he was a Bitcoin skeptic and he was wrong:
I believe Bitcoin is a legitimate financial instrument.Читать полностью…
📊👀 #BTC IntoTheBlock: 2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest of the market; both on the way up and during corrections this year.
Читать полностью…🇺🇸👀 Biden signed bill on a temporary budget, ending the formal shutdown of the federal government. #macro
Читать полностью…📊😱 #BTC Supply held by Short-Term Holders (STH) hits 5,439,700 BTC — the highest level in 40 months.
Key takeaways:
▪️ STH Supply typically rises during bull runs.
▪️ The multi-year downtrend in STH Supply has ended.
🖼📈 This week, #NFT transaction volume increased by 32.9% to $302.2 million, and total NFT sales on the Ethereum network exceeded $45 billion
Читать полностью…🇸🇻🍿 #BTC El Salvador bought another 11 BTC, making it a total of 24 BTC since the $3.3b IMF loan was approved.
Under the loan agreement, El Salvador committed to making Bitcoin adoption voluntary and ending government involvement in Bitcoin-related projects.
📊🤔 #BTC sentiment has hit its most negative point this year, with traders showing extreme FUD. Contrarians see this as a bullish sign, as markets often move against retail expectations.
Читать полностью…📊👀 #BTC The key support zone for Bitcoin now lies between $97,041 and $93,806. If this critical demand area doesn't hold, we could see a sharp drop to $70,085, as there’s minimal support below.
Читать полностью…🐹👀 #HMSTR Hamster Kombat: The second season will begin with three games. Closed beta testing has started twitter
Читать полностью…📊👀 #BTC Over $5.72 billion in Bitcoin profits were realized during the recent price correction.
Читать полностью…📈 #HYPE Yesterday, Hyperliquid contract trading volume reached $11.5 billion, while liquidations reached $1.32 billion, both setting new all-time highs.
Читать полностью…🐳📈 #ETH Whales bought 340,000 ETH in the last 96 hours, worth more than $1 billion.
Читать полностью…🗓 Major Upcoming Events in December
#SOON #SOL #PEN #SYNTH #JOC #BLADE #CLAY #BONK #ORI #ELF #USDT #ARTY #SWELL #AIXBT
🇺🇸🤔 CEO CQ: Strategic #BTC Reserves could help offset U.S. debt
In 15 years, $790B in capital inflows boosted Bitcoin’s market cap to $2T. This year, $352B added $1T.
Designating Bitcoin as a strategic asset could offset 36% of U.S. debt by 2050, requiring 1M BTC. While foreign creditors (30% of debt) may resist, the strategy remains practical as it doesn’t rely on full Bitcoin settlement.