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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️

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📊👀 #BTC market cap within reach of the Hong Kong dollar

Bitcoin is currently the 10th most influential currency in the world and the only currency that is not backed by force, guns or looting, open and accessible to all.

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📊 #SOL vs #ETH: Demand Side Analysis

▪️ Solana: Hot Realized Cap surged from October 2023, reflecting strong demand and market momentum.
▪️ Ethereum: Unlike Solana, Ethereum's Hot Realized Cap remained low post-2022 bear market but surged in November 2024 as ETH began outperforming SOL.
▪️ Demand Shift: New investor activity signals demand is returning to Ethereum.

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📊🤔 IT Tech's analysis shows a rapid increase in altcoin long bias nearing peaks, with #SOL, #ONDO, and #APT displaying euphoria through ratio spikes. Meanwhile, #BTC's Long/Short Ratio remains stable but lags behind, suggesting potential BTC price peaks and overleveraged altcoin markets.

The current altcoin euphoria signals a possible short-term correction and market reversal.

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🇺🇸👀 Bloomberg Analyst: New cryptocurrency #ETFs are expected to emerge next year, and the first could be a combined BTC/ETH ETF. It will be followed by Litecoin (#LTC), then #HBAR, and then #XRP and #SOL.
Previously, the SEC did not consider Litecoin and HBAR as securities, which could be an advantage.

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🗽👀 The Senate Banking Committee is abandoning its attempt to advance the nominations of Caroline Crenshaw and Gordon Ito for the position of SEC chairman.

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🍿 #RETARDIO The official X-account of the Retardio meme project is blocked.  twitter

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🦄📈 Around 800,000 #UNI have been sent to exchanges in the past 24 hours, totaling over $13 million

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🎁👀 Fuel launched Fuel Genesis Drop (10% of the total supply #FUEL will be distributed)

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🎢🤔 #BTC's NUPL (Net Unrealized Profit/Loss) has returned to 60% today. Historically, when NUPL surpasses 70%, it signals excessive market optimism, often indicating a potential correction.

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🕵️🐧 #PENGU Crypto Analyst suspects that wallets associated with the Pudgy Penguin team sold >$8.7 million to PENGU

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📊📈 #Base was the big L2 winner of the year, surpassing competing chains like Arbitrum and Optimism on TVL, active users, transactions and transaction volume. intotheblock

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🤝👀 #Sui Bridge uses Circle's Cross-Chain Transfer Protocol (CCTP), allowing users to transfer #USDC between Sui and eight other networks. blog.sui.io

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🤝👀 #Sui Bridge uses Circle's Cross-Chain Transfer Protocol (CCTP), allowing users to transfer #USDC between Sui and eight other networks. blog.sui.io

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🇺🇸🙋‍♂ Representatives from Crypto .com met with Trump and discussed appointments related to the crypto industry, including in the finance departments, Congress and the future administration, according to a person familiar with the meeting who asked not to be identified. bloomberg

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🇺🇸📊 #macro Retail sales (Nov): 0.7% (prev: 0.4%)

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🔝 Top Exchanges by Weekly Visits

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https://partner.bybit.com/b/excavo

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🔎📆 Cryptocurrency calendar for the 2nd half of December 2024

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🇺🇸📈 #BTC-#ETF's have been buying for two weeks straight

These 13 days represent the third longest streak of inflows since the ETFs launched in January. With that kind of demand, BTC can continue to run.

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🔝 Promising project below $150M Fully Diluted Valuation #ALICE #MON #SD

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📊🤔 #ETH’s top 104 wallets now control 57% of the total supply, holding $333b in ETH

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🥳 #SAGA launched Saga Mainnet 2.0 in partnership with Uniswap.

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💰 #Web3 content monetization platform Promeet has completed a preliminary funding round worth $3.1 million. decrypt

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🥳 #OMNI Network announced the launch of the Omni Core network.  chainwire

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💰 Tokenized securities company Prometheum has completed $20 million in funding. axios.com

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🤝👀 #ENS Labs chose Linea technology to create its future L2 network - Namechain.

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🤝👀 #ENS Labs chose Linea technology to create its future L2 network - Namechain.

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📊📈 #Base was the big L2 winner of the year, surpassing competing chains like Arbitrum and Optimism on TVL, active users, transactions and transaction volume. intotheblock

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🥳 #XRP Ripple launched stablecoin #RLUSD

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🐳 #BTC whales bought over 70,000 BTC in the last 48 hours, totaling more than $7.28 billion

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CryptoWorldNews

🐳 #BTC whales bought over 70,000 BTC in the last 48 hours, totaling more than $7.28 billion

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