The cryptocurrency landscape has seen significant movements recently, with notable trends in price shifts and burn activities influencing investor sentiment. Despite a seasonal uptick traditionally associated with year-end, the dynamics
The DeFi landscape evolved in the past few years, with a shifting balance of the most widely used chains. A trend has formed where Ethereum (ETH) is still the leader in nominal value locked, but has a smaller share of the DeFi market as a whole. The DeFi market is shifting, as Ethereum (ETH) was joined by several other chains with successful financial apps. At the end of 2023, the influence of Ethereum over the entire DeFi sector was at 72.2%. Total value locked (TVL) in DeFi was at $109B, still affected by the bear market. In the past 12 months, the total value locked ranged between $125B and up to $275B , depending on the method of reporting. DeFi added more active new chains in 2024 The BNB Chain remained a low-key staple of the DeFi space, with an unchanged 4.5% market share, the same as the end of 2024. Solana achieved slight growth, from 3.6% at the end of last year to 6.7% of the market at the end of 2024. Solana’s bid for DeFi success came from DEX activity, as well as the attempt to create a native form of liquid staking and liquid re-staking. Solana boosted its transaction count and value locked based on increased DEX traffic from swapping meme tokens. The other big shift in 2024 is the appearance of Bitcoin-based DeFi sector. Currently, up to 5.6% of all value is locked in BTC-based DeFi. Babylon Labs holds the biggest share, with $5.59B in self-custodied BTC staking. The current form of Bitcoin-based DeFi did not take off from the proposed L2 projects, which ended up with almost no value locked. The appeal of Babylon Labs lies in the ability to unlock BTC at any moment, with no need for bridging. TRON is the other big shift in DeFi. The chain first appeared as a DeFi hub in 2022, and currently has a 6% market share. TRON reached a peak of 6.5% of the DeFi market at the end of 2023, with a share of 6.5%. The TRON ecosystem grew based on crypto-collateral lending, in addition to the $60B in stablecoin liquidity. Arbitrum was one of the go-to chains during the 2022-2023 bear market, but did not graduate to a major chain. It became a part of the mix of minor chains with early-stage DeFi. The big change in 2024 affected smaller chains, which make up an estimated 21.6% of all DeFi value. Just a year ago, minor chains made up 10.4% of DeFi value locked. Base, Sui and Aptos emerged as alternatives to Ethereum, offering low costs and innovation. In the last days of 2024, Hyperliquid trended, after the launch of its native HYPE token. The new super-fast chains are focusing on trading opportunities, gaining liquidity with targeted high-activity pairs. Ethereum still leads DeFi with its collateral influence Ethereum (ETH) still carries more than $70B in value locked, due to being used as collateral. ETH bridged to Binance Smart Chain is also driving the value of DeFi. DeFi on Ethereum is high-value due to the model of most apps, which require large-scale collaterals or another form of locking ETH. Liquid staking from LidoDAO built the biggest ETH reserve. Aave (AAVE) rose to the second spot, after becoming the leading lending protocol in 2024. Ethereum-based DeFi remains a strong proposition, as there are still expectations for an ETH rally to a higher range. The new year is usually a historically strong period for ETH , potentially raising the value locked in all DeFi apps. ETH retained its value at $3,494.45, with strong support at $3,400. For now, the DeFi sector is safe, as most of the collaterals have been deposited at a much lower price range. The other reason for the growth of Ethereum-based DeFi is the inflow of Tether (USDT) as an ERC-20 token. The supply of ERC-20 USDT expanded to 79.92B tokens, swapping some of the TRON-based and niche chain versions due to liquidity demand. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
In a significant move, Russia embraces Bitcoin and cryptocurrencies for international trade, a strategy aimed at circumventing sanctions amid evolving economic pressures. The newly enacted laws not only legitimize crypto
What if the next market crash turned out to be your golden ticket? Picture this: savvy investors snapping up assets at bargain prices, setting themselves up for massive returns when the market rebounds. Sounds too good to be true? It isn’t. Just look at Warren Buffett during the 1973 crash—he bought the dip and watched his portfolio soar. Fast forward to 2024, and we’re seeing a similar opportunity with the BTFD Coin presale , offering a massive 50% discount for a limited time. Meanwhile, meme coins like Cat in a Dog’s World (MEW) and Notcoin (NOT) are making waves with unique stories and strong community backing. BTFD Coin is all the rage, rolling back its Stage 12 price of $0.00013 to Stage 7 pricing at $0.000064—a 50.77% discount—for investors using the code “ BIG50 ”. This rollback is the perfect chance to buy the dip and potentially make an 837.5% ROI before its listing at $0.0006. Add to this its exciting Play-to-Earn (P2E) game and staking rewards, and you’ve got a meme coin that’s turning heads. But let’s not overlook MEW’s massive growth and NOT’s steady resilience in the face of market volatility. Here’s a closer look at why these are the best new meme coins to invest in this week. BTFD Coin: The Meme Coin Revolution Starts Here When it comes to buying the dip, BTFD Coin isn’t just a meme; it’s a movement. Launched with the ethos of empowering investors to see opportunity in chaos, this token is making waves in the crypto world. Currently, in Stage 12 of its presale, BTFD is offering a jaw-dropping discount by rolling back to Stage 7 pricing at $0.000064. All you need is the code “BIG50” to secure your spot in what’s shaping up to be the next big thing in meme coins. Presale Highlights Over $4.44 million has already been raised, with more than 58 billion tokens sold to over 6,500 holders. This isn’t just about numbers; it’s about a community rallying around the opportunity to buy low and hold for massive gains. If you invest $5,000 at the discounted price, you’ll snag 78.125 million tokens. Once BTFD hits its listing price of $0.0006, your investment could balloon to $46,875—that’s nearly 9x your money. Features That Set BTFD Apart BTFD isn’t just about the presale hype; it’s building a robust ecosystem. The Beta version of its P2E game is live, offering a sneak peek into a world where players can earn rewards while having fun. While the Beta version doesn’t offer rewards yet, it’s a sign of bigger things to come. Add to that a staking programme with 90% APY and a referral programme that rewards top participants with extra tokens, and you’ve got a meme coin that’s serious about value. Ready to Join the Movement? Here’s How: Go to the BTFD presale page and connect your wallet. Enter the code “BIG50” to apply the discount. Input your purchase details and hit “Buy Now.” With its strong community, exciting features, and a presale that’s hard to resist, BTFD Coin is a must-have for any crypto enthusiast looking to make the most of market dips. Cat in a Dog’s World (MEW): The Underdog with a Roaring Past If you’ve ever felt like the underdog, you’ll relate to Cat in a Dog’s World (MEW). This Solana-based meme coin has carved a niche for itself as the anti-dog meme coin, offering a fresh perspective in a market dominated by dog-themed tokens. Over the past nine months, MEW has grown by an impressive 828.5%, thanks to listings on major exchanges like KuCoin. But the journey hasn’t been all smooth sailing. As of December 24, MEW is trading at $0.00657983, down 19.49% over the past week and 34.3% over the past month. Despite these setbacks, its strong community and unique branding make it a contender in the meme coin space. Investors should keep an eye on MEW as it navigates market volatility, offering potential opportunities for those who can ride the waves. Notcoin (NOT): A Tale of Resilience in a Volatile Market Next up is NOT, a meme coin that’s making waves on The Open Network (TON) blockchain. Known for its Telegram-based tap-to-earn game, NOT has built a loyal following among crypto gamers. Currently priced at $0.00662674, NOT has seen its share of ups and downs. Large holders have offloaded positions recently, leading to a downtrend. But July’s bullish divergence hints that the tide could turn. What sets NOT apart is its integration with TON’s gaming ecosystem, offering real utility in a sector that’s often criticised for being all hype. Still, like MEW, NOT faces stiff competition from meme coins with broader ecosystems, like BTFD. Its current price might attract speculative investors, but its lack of a clear long-term vision keeps it a step behind. Conclusion When it comes to the best new meme coins to invest in this week, BTFD Coin, MEW, and NOT each bring something unique to the table. BTFD’s presale, with its 50% discount and exciting features like a P2E game and staking rewards, makes it the standout choice for those looking to buy the dip and ride the next bull wave. MEW’s growth story and NOT’s resilience add depth to the meme coin landscape, offering opportunities for diversification and long-term potential. Based on our research and market trends, BTFD Coin is the one to watch. Don’t miss your chance to join the presale and secure your stake in what could be the next big meme coin success story. Head to the presale page now, enter the code “BIG50” , and make your move. These opportunities don’t come around often, so act fast and be part of the next crypto revolution. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Best New Meme Coins to Invest in This Week: Grab BTFD Coin’s 50.77% Rollback Deal as Cat in a Dog’s World Claws Through Volatility and Notcoin Expands appeared first on TheCoinrise.com .
As 2024 comes to an end, so does the timeline for several price predictions for bitcoin (BTC) from big names and companies in the crypto industry. While new reports are emerging with price forecasts and expectations for 2025, examining how well previous predictions performed is essential. Several experts and market analysts expected BTC to rally well above $100,000 by the end of the year, while others underestimated the potential effect of the ongoing bull season and predicted that the leading cryptocurrency would remain below $100,000. Regardless, BTC hit a new high of $108,200 about a week ago and was trading at $98,000 by press time. Experts’ BTC Predictions for 2024 Some crypto executives were off the mark with their predictions, while others narrowly missed the target. In October 2023, Arthur Hayes, the co-founder of the crypto exchange and derivatives trading platform BitMEX and founder of the family office Maelstrom Fund, forecasted that BTC would end 2024 at around $70,000 based on several economic factors. He also stated that BTC would be worth between $750,000 and $1 million by 2026 as financial assets experience an unprecedented boom. Hayes’ prediction fell short as BTC has traded above $100,000 over the past few weeks. It remains to be seen if the 2026 forecast will come true, although that would be unlikely because the bear season is expected to kick off that year. Hit or Miss? Several industry experts changed their predictions as they monitored Bitcoin market dynamics in this bull season. One such analyst is Robert Kiyosaki, the author of the best-seller Rich Dad, Poor Dad. He initially predicted that BTC would be worth $300,000 by the end of 2024 but eventually changed his prediction to $105,000 by August 2025. Fortunately, his prediction fell a bit closer to bitcoin’s current price. Another financial executive is venture capital investor Tim Draper, who predicted that BTC would be worth $250,000 by year-end in April but retracted and changed his prediction to $120,000. BTC has yet to rally past $110,000. Furthermore, Mike Novogratz, the CEO of the crypto investment firm Galaxy Digital, predicted in 2021 that BTC would surge to $500,000 in 2024. However, in March 2024, the prominent Bitcoin advocate adjusted his year-end forecast to $100,000. Meanwhile, the crypto industry is looking forward to heavier predictions for bitcoin’s future price. Cathie Wood, the founder and CEO of the asset manager Ark Invest, says BTC will be worth $500,000 by 2026 and $1 million by 2030. On the other hand, Michael Saylor, founder and executive chairman of the business intelligence firm and largest corporate BTC holder, MicroStrategy, sees BTC at $13 million by 2045. The post Bitcoin Price Predictions for 2024 From Crypto Big Names, Hit or Miss? appeared first on CryptoPotato .
The SEC is expected to submit an opening statement in Ripple's case by January 15. Paul Atkins' potential appointment may significantly impact the outcome of the lawsuit. Continue Reading: Paul Atkins’ Potential Appointment as SEC Chair Shifts Ripple Case Dynamics The post Paul Atkins’ Potential Appointment as SEC Chair Shifts Ripple Case Dynamics appeared first on COINTURK NEWS .
Israel is getting prepared to welcome six Bitcoin (BTC) mutual funds. This launch will come one week after the Israel Securities Authority (ISA) granted final approval for the products. It also comes almost a year after the Securities and Exchange Commission (SEC) greenlighted spot Bitcoin ETF products in the United States. Israeli Bitcoin Fund debut, Key Details These new Israeli products will track the price of BTC and are set to commence operation as from December 31. Noteworthy, the regulator mandated that all six Bitcoin mutual funds starts trading on the same day. According to Isreali newspaper Calcalist, Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav and IBI will offer the funds. The management fees for the funds will fall within the range of 1.5% to 0.25%. Out of all six, one particular fund will be actively managed, with the goal of outperforming Bitcoin. One of the funds will directly track BlackRock Bitcoin ETF, giving direct exposure to the US-focused product. For a start, the funds will transact just once a day. On the other hand, future products will trade continuously. Judging by how much the United States has benefited from the debut of spot crypto ETFs, Isreal may be entering into a new phase of digital growth. In a few months, the US, spot Bitcoin ETFs secured more than $35.6 billion of investor cash. However, by the second week of December, the total Assets Under Management (AUM) for the Bitcoin ETF products crossed $100 billion. At this point, market analysts have started projecting that these products may overtake Gold ETFs by the end of the year. The Ethereum counterpart is not doing bad either as BlackRock ETHA recorded ten consecutive days of inflows in mid-December amassing over $1.3 billion. Ethereum ETF growth has compelled crypto analysts to predict that ETH price could reach $15,000 within the next 6 to 8 months. BTC Price Outlook Meanwhile, Bitcoin is currently trading at $98,583.53 after registering a 2.13% increase in the last 24 hours. This price level is still a drop drop from its All-time-high (ATH) of around $108,000. Since it previously reached this level, the optimism for further growth filled the ecosystem. In earlier Bitcoin price analysis , market experts like Matrixport teased a potential rally to $160,000 in 2025 From its current level, the coin would need to register more than a 50% increase to attain this price mark. While many hold onto this bullish projection, critics like Peter Schiff sees the coin dropping considerably soon. The post Israel To Get First Mutual Funds Tracking BlackRock Bitcoin ETF appeared first on CoinGape .
Bitcoiner and MicroStrategy founder utters Bitcoin Christmas statement, reacting to BTC's overnight surge
MicroStrategy Inc., the business intelligence company that is now the biggest corporate holder of Bitcoin, has ranked as the best-performing cryptocurrency stock in 2024, according to The Block. The company’s stock climbed up to 402% on the year, pushing the company’s market cap to $83 billion. This continued the trend of MicroStrategy buying more Bitcoin ( BTC ) in 2024. According to reports from Dec. 23, the firm currently possesses close to 444,262 BTC, worth in excess of $45 billion at present-day prices. BTC’s phenomenal 120% price rally in 2024 — spurred on by market boosters such as a spot Bitcoin ETF approval, April’s BTC halving, and geopolitical endorsements of the asset class — played an important role in the firm’s holdings. You might also like: MicroStrategy is a ‘desperate’ Ponzi scheme: analyst According to Coingecko , the S&P 500 index gained 26%, reflecting a clearly positive macro environment, and BTC’s price was a tailwind for crypto-linked stocks, jumping 129%. Other big gainers in the crypto space included Core Scientific, a 307% surge, which was awarded a significant 12-year contract with AI hyperscaler CoreWeave, as per The Block. Terawulf gained 142% on the back of 100% year-over-year growth in its self-mining hashrate capacity to 10.0 EH/s, as of Sept. 30. You might also like: Russia to impose regional controls over crypto mining starting Jan 2025 Bitdeer Technologies saw a 122% increase as the firm’s push to incorporate its produced mining rigs into its own operations made it one of the most vertically integrated companies among publicly listed BTC miners. MicroStrategy to accquire more capital stock MicroStrategy has further stated it will hold a shareholder meeting in early 2025. Key proposals being put to a vote at the meeting include increasing the number of authorized class A common shares and raising the number of authorized preferred shares. These developments come as the company is enacting its 21/21 plan, seeking a total of $42 billion from $21 billion in equity and an additional $21 billion in fixed-income instruments. MicroStrategy sees these proposals as vital in its growing presence as a BTC treasury company, said chairman Michael Saylor, and may pave the way for further growth. Read more: 10 companies launch Bitcoin treasuries, but not Microsoft: Here are the risks, benefits
MicroStrategy Inc., the business intelligence company that is now the biggest corporate holder of Bitcoin, has ranked as the best-performing cryptocurrency stock in 2024, according to The Block.