cryptonewss
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Keep up to date with events in the world of crypto
BTC/USDT 1h 👑
Looks like we’ll be ringing in the New Year in red. Today’s weak opening suggests a scenario where correction wave [4] develops in the form of a zigzag, with wave (b) having just completed yesterday.
In this case, we can expect another wave (c) of decline, targeting liquidity below $85K.
This scenario represents the maximum depth of the correction in my view. After that, I’ll be anticipating a breakout into wave [5], with targets in the $120K–$130K range.
Stay cautious and watch for opportunities! 🚀
Looks like we’ll be ringing in the New Year in red. Today’s weak opening suggests a scenario where correction wave [4] develops in the form of a zigzag, with wave (b) having just completed yesterday.
In this case, we can expect another wave (c) of decline, targeting liquidity below $85K.
This scenario represents the maximum depth of the correction in my view. After that, I’ll be anticipating a breakout into wave [5], with targets in the $120K–$130K range.
Stay cautious and watch for opportunities! 🚀
In recent days, there has been active FUD surrounding Tether (USDT), which has even been addressed by their CEO.
Essentially, they’ve started stirring the pot against the backdrop of the main news about the delisting of USDT on European exchanges on December 30th.
Their goal is to tarnish Tether’s reputation, promote other stablecoins, and potentially enter long positions at lower prices. And they will likely succeed in doing so.
Essentially, they’ve started stirring the pot against the backdrop of the main news about the delisting of USDT on European exchanges on December 30th.
Their goal is to tarnish Tether’s reputation, promote other stablecoins, and potentially enter long positions at lower prices. And they will likely succeed in doing so.
Lingo Listing is Just Around the Corner
Not long ago, I mentioned this project (🔗 Previous Post)—an RWA project that has raised $15 million from top-tier investors.
With strong investments and solid backing, Lingo has the potential for a successful launch. Given the current market conditions, there’s a good chance for significant returns.
📌 Recommendation: Keep an eye on it—it might be worth considering! 🚀
Not long ago, I mentioned this project (🔗 Previous Post)—an RWA project that has raised $15 million from top-tier investors.
With strong investments and solid backing, Lingo has the potential for a successful launch. Given the current market conditions, there’s a good chance for significant returns.
📌 Recommendation: Keep an eye on it—it might be worth considering! 🚀
Don’t forget about Stage! They’ve got an IDO coming up.
I already mentioned the project back in June (link), and today they finally announced (tweet) their IDO on top launchpads, including ChainGPT, Ape Terminal, Decubate, and Eesee.
Obviously, it’s best to join via Eesee (link), which I’ve written about multiple times. There’s potential to earn both from the IDO and the token price growth. The entry price is quite appealing right now.
The project itself is solid, backed by strong support and investments.
I already mentioned the project back in June (link), and today they finally announced (tweet) their IDO on top launchpads, including ChainGPT, Ape Terminal, Decubate, and Eesee.
Obviously, it’s best to join via Eesee (link), which I’ve written about multiple times. There’s potential to earn both from the IDO and the token price growth. The entry price is quite appealing right now.
The project itself is solid, backed by strong support and investments.
How much more Bitcoin can one buy? Saylor strikes again, purchasing 55,500 BTC at $97,862 per coin.
MicroStrategy's average entry price is now $56,761 per Bitcoin.
MicroStrategy's average entry price is now $56,761 per Bitcoin.
4/5 Top Gainers on Binance Are from the Monitoring List
(Link: Binance Monitoring List)
Exit pump before the next batch of delistings? 🫨
Just a reminder: Binance first places coins on the Monitoring List, and then, seemingly at random, these "gems" often end up delisted. 🚩
Stay cautious if you're holding or trading assets from this list!
(Link: Binance Monitoring List)
Exit pump before the next batch of delistings? 🫨
Just a reminder: Binance first places coins on the Monitoring List, and then, seemingly at random, these "gems" often end up delisted. 🚩
Stay cautious if you're holding or trading assets from this list!
MAJOR (Telegram Bot) - Listing on OKX on the 28th (OKX Link)
It’s surprising to see some people shocked by Lime’s drop (chart link) after an organic 10x candle within a week. The path to $1 was wide open…
"Greed begets poverty" — that’s a phrase worth posting next to your workspace. After all, there will always be those who won’t lock in any profits by 2025 and will carry their holdings all the way to new all-time lows.
"Greed begets poverty" — that’s a phrase worth posting next to your workspace. After all, there will always be those who won’t lock in any profits by 2025 and will carry their holdings all the way to new all-time lows.
Many have forgotten about the Gnosis token, but they shouldn’t have.
Especially considering that their treasury holds $563 million, while GNO’s market cap is $628 million. They manage their funds much better than, say, EOS.
Recently, they incubated the Safe token (market cap of $538 million, listed on Binance), launched the Gnosis Pay payment system, and rolled out the Ethereum sidechain Gnosis Chain.
Worth keeping an eye on.
Especially considering that their treasury holds $563 million, while GNO’s market cap is $628 million. They manage their funds much better than, say, EOS.
Recently, they incubated the Safe token (market cap of $538 million, listed on Binance), launched the Gnosis Pay payment system, and rolled out the Ethereum sidechain Gnosis Chain.
Worth keeping an eye on.
In the past few days, the Ethereum-based meme token Ethervista (Vista) has been soaring, driven by the launch of their meme platform, Etherfun. (https://etherfun.app/)
The Ethervista token (https://ethervista.app/ )is already trading with a market cap of $47 million, while the memes themselves seem to be underappreciated.
The very first meme, Pupil, has a market cap of just $1.3 million, while the Trump-themed meme, TrumPump, has an even smaller cap of $137,000.
Ethereum has been receiving a lot of hate lately. It would be hilarious if it were the Ethereum-based memes that ended up taking off.
The Ethervista token (https://ethervista.app/ )is already trading with a market cap of $47 million, while the memes themselves seem to be underappreciated.
The very first meme, Pupil, has a market cap of just $1.3 million, while the Trump-themed meme, TrumPump, has an even smaller cap of $137,000.
Ethereum has been receiving a lot of hate lately. It would be hilarious if it were the Ethereum-based memes that ended up taking off.
In the first cycle, BTC soared through an extension, creating a parabolic trend.
In the second cycle, BTC reached ATH following a deep correction, with alts correcting alongside it.
The key indicator to watch is BTC dominance (BTC.D). When BTC.D reaches 40-30%, it may be wise to consider converting a significant portion of portfolios into USDT. This could happen in as soon as three months, or it could take up to a year. For now, we’re just waiting for BTC to reach a new ATH and for the first signs of altseason to emerge.
In the second cycle, BTC reached ATH following a deep correction, with alts correcting alongside it.
The key indicator to watch is BTC dominance (BTC.D). When BTC.D reaches 40-30%, it may be wise to consider converting a significant portion of portfolios into USDT. This could happen in as soon as three months, or it could take up to a year. For now, we’re just waiting for BTC to reach a new ATH and for the first signs of altseason to emerge.
Timing of Altcoin Growth: Altcoins (tracked by TOTAL3) began appreciating in dollar terms even before BTC dominance declined, gaining momentum alongside Bitcoin’s rally. Once BTC.D started falling, altcoins entered an accelerated, parabolic growth phase.
Right now, we’re seeing similar growth across strong altcoins:
BNB: +200% from the bottom
ETH: +170% from the bottom
TRX: +230% from the bottom
LINK: +150% from the bottom
SOL: +1,900% from the bottom
Low-cap altcoins, however, follow their own dynamics, often dependent on specific factors like product, team, listings, and marketing. So, these insights don’t directly apply to any specific low-cap project.
2021 Cycle Variability: The 2021 altseason can be interpreted in different ways. The six-month altseason on the chart could be extended through 2022, suggesting that the 2024-2025 cycle might also stretch over a year. However, each cycle has distinct traits:
Right now, we’re seeing similar growth across strong altcoins:
BNB: +200% from the bottom
ETH: +170% from the bottom
TRX: +230% from the bottom
LINK: +150% from the bottom
SOL: +1,900% from the bottom
Low-cap altcoins, however, follow their own dynamics, often dependent on specific factors like product, team, listings, and marketing. So, these insights don’t directly apply to any specific low-cap project.
2021 Cycle Variability: The 2021 altseason can be interpreted in different ways. The six-month altseason on the chart could be extended through 2022, suggesting that the 2024-2025 cycle might also stretch over a year. However, each cycle has distinct traits:
When’s Altseason? 📈
Chart Link
I've had this chart open for four months intending to record a YouTube analysis on it, but I still haven’t gotten around to it 🙈. Back in July, I wanted to explain how BTC, ETH, BTC.D, and TOTAL3 correlate, showing how altseasons begin and evolve over two cycles. Since that video might not come soon, here’s a breakdown:
Defining Altseason: Altseason occurs when liquidity flows from Bitcoin into altcoins, visible primarily on the Bitcoin dominance chart (BTC.D).
Historical Patterns: In both prior cycles, altseason (decline in BTC dominance) only kicked in when Bitcoin reached a new ATH in the fifth wave:
In 2017, this was from $3K to $20K.
In 2021, from $20K to $70K.
For 2024-25, after BTC hits a new ATH at $70K, we’ll see if the pattern holds.
Chart Link
I've had this chart open for four months intending to record a YouTube analysis on it, but I still haven’t gotten around to it 🙈. Back in July, I wanted to explain how BTC, ETH, BTC.D, and TOTAL3 correlate, showing how altseasons begin and evolve over two cycles. Since that video might not come soon, here’s a breakdown:
Defining Altseason: Altseason occurs when liquidity flows from Bitcoin into altcoins, visible primarily on the Bitcoin dominance chart (BTC.D).
Historical Patterns: In both prior cycles, altseason (decline in BTC dominance) only kicked in when Bitcoin reached a new ATH in the fifth wave:
In 2017, this was from $3K to $20K.
In 2021, from $20K to $70K.
For 2024-25, after BTC hits a new ATH at $70K, we’ll see if the pattern holds.
I liked Coinbase's subtle Saturday hint🫡
Looks like the bot reconfiguration for the pump went smoothly.
Looks like the bot reconfiguration for the pump went smoothly.
Binance will delist IDRT, KP3R, OOKI, and UNFI on November 6.
Coinbase will conduct a series of technical maintenance sessions this week – today/tomorrow and on Saturday.
Meanwhile, open interest is back at its highs, signaling increased volatility 👋.
Meanwhile, open interest is back at its highs, signaling increased volatility 👋.
Runes are bringing new life to the Bitcoin ecosystem. Though, to be fair, it never really left—just took a back seat for a while.
The main meme rune, Dog, is already trading on BingX (https://bingx.com/en/spot/DOGUSDT/ )with a market cap of $557 million.
The next step is a Binance listing, similar to Ordi, which would trigger a new wave of hype.
The main meme rune, Dog, is already trading on BingX (https://bingx.com/en/spot/DOGUSDT/ )with a market cap of $557 million.
The next step is a Binance listing, similar to Ordi, which would trigger a new wave of hype.
Shares of Michael Saylor's company, MicroStrategy, are trading near their March highs, while short sellers continue to suffer with positions totaling $4 billion in losses.
A squeezed short seller = a future buyer.
A squeezed short seller = a future buyer.
Shares of Michael Saylor's company, MicroStrategy, are trading near their March highs, while short-sellers continue to suffer, holding positions totaling $4 billion.
A shaved short-seller = a future buyer.
A shaved short-seller = a future buyer.
The compensation plan for FTX's affected users has been approved.
The majority of clients (98%) will receive 119% of their funds in cash within 60 days.
The asset valuation was, of course, based on November 2022 figures, so some users have mixed feelings about this. However, 119% of the original value is better than nothing.
The majority of clients (98%) will receive 119% of their funds in cash within 60 days.
The asset valuation was, of course, based on November 2022 figures, so some users have mixed feelings about this. However, 119% of the original value is better than nothing.
A whale hit stop losses again, reducing the position (https://hypurrscan.io/address/0x1dc67adaf9f163c5b1a95043addbdfa1af58e512 )to 890 BTC with liquidity at $57,335.
I think this might be enough for him—down $13.5 million overall. They'll probably leave him alone now.
This is the inherent problem with decentralized services like perpetuals or lending platforms—everybody knows where your liquidity is.
It's already bad enough that on centralized exchanges (CEX), the platform itself knows everything about you and often triggers squeezes.
I think this might be enough for him—down $13.5 million overall. They'll probably leave him alone now.
This is the inherent problem with decentralized services like perpetuals or lending platforms—everybody knows where your liquidity is.
It's already bad enough that on centralized exchanges (CEX), the platform itself knows everything about you and often triggers squeezes.
KuCoin, of course, is something else – first, they list coins in bulk for big money, and then, after a while, they delist them just as quickly. (https://www.kucoin.com/announcement/en-st-kucoin-will-delist-certain-projects-and-their-associated-tokens-20240928)
27 coins delisted at once.
I wonder how the research for these projects was done before listing? The answer: it wasn’t😀
27 coins delisted at once.
I wonder how the research for these projects was done before listing? The answer: it wasn’t😀
1051 days have passed since the peak of the total cryptocurrency market capitalization on November 15, 2021.
This generally fits the overall pattern of previous cycles, where we were "stewing" for 1106 and 1096 days before the rocket launch happened.
Stay strong✊
This generally fits the overall pattern of previous cycles, where we were "stewing" for 1106 and 1096 days before the rocket launch happened.
Stay strong✊
BingX responded promptly and effectively to the hack, and deposits/withdrawals are already back online.
Make sure to update your wallet addresses for deposits; I almost sent to my old one by mistake!
To make up for the situation, BingX is running a promo (https://bingx.com/ru-ru/act/template/7693/?randomId=5162796668 )with a $5 million voucher giveaway. It's a random draw with minimal KYC and deposit requirements, highly recommended! 🔥
bingx.com/partner/69 – register and join the promo.
Make sure to update your wallet addresses for deposits; I almost sent to my old one by mistake!
To make up for the situation, BingX is running a promo (https://bingx.com/ru-ru/act/template/7693/?randomId=5162796668 )with a $5 million voucher giveaway. It's a random draw with minimal KYC and deposit requirements, highly recommended! 🔥
bingx.com/partner/69 – register and join the promo.