What’s Going On With CRYPTO?! This Report REVEALS All!
Published: 2024-07-04
Status:
Available
|
Analyzed
Published: 2024-07-04
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Major central banks may ease monetary policy by the end of the year.
"major central banks such as the Federal Reserve and how that could begin to ease monetary policy between now and the end of the year"
Pending
SEC has reviewed and approved various aspects of spot Ethereum ETF offerings, but final listing approval is pending.
"indicating that the SEC had reviewed and approved various aspects of the ETF offerings"
Pending
Ethereum's price jumped by almost 20% in a single day following ETF news.
"uplifting ethereum itself and related to assets on the ethereum blockchain well that's certainly one way of putting it I mean just look at that God candle where East price had jumped by almost 20% in a single day"
Pending
Spot Bitcoin ETFs collectively reached $60 billion in Assets Under Management (AUM) in May.
"the inflows and outflows of these spot Bitcoin ETFs which saw their collective AUM returned to the $60 billion Mark in May"
Pending
Daily selling from Bitcoin miners was approximately $29.7 million (around 450 BTC), significantly less than daily inflows into Bitcoin ETFs.
"there was around $200 million of inflows per day whereas there was only $ 29.7 million of daily selling coming from Bitcoin miners which works out as around 450 BTC a day"
Pending
The Fear and Greed Index has fallen from extreme greed levels to around 40%, indicating a shift towards fear.
"the fear and greed index which shows that we have come a long way from the extreme greed levels we saw in the middle of March but let's face it it could be better in fact at the time of shooting the fear and greed index has fallen from its high of 9 % to around 40% which puts us at the lower end of the neutral scale quickly heading towards fear"
Pending
Projects with low initial market cap and high Fully Diluted Valuation (FDV) are becoming problematic as tokens launch at higher prices, hindering retail trader profits.
"projects with a low initial market cap and a high FTV because this often means that the tokens are launched at a higher price making it difficult for retail traders to turn a profit"
Pending
Tap-to-earn projects, such as Notcoin, are gaining investor attention.
"investors have also turned their attention to the recent surge in tap to earn projects namely not coin"
Pending
Notcoin launched with 100% of its circulating supply already in circulation.
"not token launched within 100% of its circulating Supply already in circulation"
Pending
The Total Value Locked (TVL) in Ethereum's Layer 2 ecosystems increased by 20% to nearly $48 billion.
"the tvl or total value locked of ethereum's layer 2 ecosystems jumped up by 20% % reaching just under $48 billion"
Pending
The TVL for Ethereum Layer 2s decreased by 4.4% when measured against ETH pairs, suggesting activity levels may not have changed significantly.
"the tvl for l2s also went down by 4.4% against their eth pairs"
Pending
Layer 2 projects without their own tokens, like Base and Linea, have demonstrated significant growth.
"layer 2 projects that don't yet have their own token such as Basse and linear have shown significant growth"
Pending
The Base ecosystem's activity is growing and has become a major focus within the Layer 2 space.
"the activity level in the base ecosystem can clearly be seen to be growing and that it's actually captured most of the hotspots within the layer 2 space"
Pending
Following the Dencun upgrade, the performance of Optimism and Arbitrum (Ethereum Layer 2s) in terms of gas fees and price action has been disappointing.
"following the Danon upgrade the increase in gas fees of eer to as well as the price performance of optimism and arbitrum have not been ideal"
Pending
Meme coins related to the US presidential election, especially those involving Trump, have seen increased activity.
"meme coins related to the US presidential election particularly those centered around Trump being well being Trump"
Pending
The return of 'Roaring Kitty' has influenced meme coins associated with kitties and GameStop.
"the return of roaring Kitty and the effect this had on various meme coins related to kitties and GameStop"
Pending
A notable project in the Bitcoin Layer 2 space saw its TVL increase by over 100% in May.
"in the Bitcoin layer 2 space there has been one standout that sorts tvl increase by over 100% in May"
Pending
LayerZero launched a 14-day self-reporting program to combat Sybil activity.
"layer zero which introduced a 14-day self-report civil activity program"
Pending
Airdrop farming has become highly competitive, with many projects experiencing a surge in on-chain activity before token launches.
"the air drop farming has become a highly competitive landscape with many projects seeing high amounts of onchain interactions before their token launch"
Pending
Notcoin's integration with Telegram attracted approximately 6 million daily active users, boosting the TON ecosystem and its liquidity.
"not coin's interaction with telegram helped to easily draw around 6 million daily active users which help promote the ton ecosystem and boost its liquidity"
Pending
Notcoin's listing on Binance suggests centralized exchanges may prioritize projects with widespread user engagement over innovative tech or VC backing.
"ncoin proved that these platforms will support projects with widespread user engagement rather than focus on Innovative Tech or VC backing"
Pending
The emergence of more Telegram games similar to Notcoin is expected to drive TON's price higher.
"more games like these will appear inevitably pushing Ton's price even higher"
Pending
TON is considered an underrated cryptocurrency project with significant potential.
"we happen to believe that ton is one of the most underrated crypto projects on the market market right now"
Pending
Focus in the Bitcoin ecosystem has shifted from Ordinals and BRC-20s to Runes, Bitcoin Layer 2s, staking, and re-staking protocols.
"more people were instead tuning their focus on runes as well as Bitcoin at layer tws staking and raking protocols and shared security sectors running on the Bitcoin Network"
Pending
The Runes protocol is attracting more user and developer traffic than BRC-20.
"more user and developer traffic was taking place on the runes protocol"
Pending
In May, 156 crypto investment and financing projects were disclosed, totaling just over $1 billion.
"a total of 156 investment and financial projects were disclosed with a value of just over $1 billion"
Pending
The proportion of Series A funding rounds decreased from 10% to 7.77%.
"a proportion of the series a funding rounds decreased from 10% to 7.77%"
Pending
Strategic stage financing projects saw a slight increase, from 15.73% to 18.45%.
"strategic stage financing projects showed a slight increase from 15.73% to 18.45%"
Pending
Institutional investors are more likely to exit a project after its public listing.
"institutional investors would rather exit a project following a public listing"
Pending
EVM-based blockchains continue to be the most popular for financing in the crypto space.
"evm based blockchains remained the most popular projects for financing"
Pending
Solana was the most financed non-EVM chain, retaining its fifth position.
"salana stood out as the most financed nonm chain maintaining its fifth Pace position"
Pending
The US House of Representatives passed the FIT21 Act, which aims to establish regulatory frameworks for digital assets.
"the House of Representatives passed the financial Innovation and technology for the 21st century act which is abbreviated to fit 21"
Pending
The FIT21 Act aims to grant more oversight to the CFTC over digital assets, rather than the SEC.
"fit 21 aims to give more oversight to the commodi Futures Trading commission or cftc rather than Gary gansler and his buddies over at the SEC"
Pending
Hong Kong's SFC has granted 11 Virtual Asset Service Provider (VASP) licenses.
"the Securities and Futures commission has announced 11 applicants have been granted virtual asset service provider licenses"
Pending
Turkey plans to introduce a new law to regulate crypto assets and reduce trading risks.
"turkey who are planning to submit a new law to regulate crypto assets in an effort to reduce the risk involved with crypto trading"
Pending
Turkey's projected annual inflation for 2024 is nearly 60%, contributing to crypto adoption.
"in 20124 the projected annual inflation change is almost 60%"
Pending
Crypto markets are poised for parabolic growth, especially when retail investors return.
"crypto markets really are primed to go parabolic once again and once retail just finally come flooding back"
Pending
Bitcoin has hit a new all-time high, following the approval of spot Bitcoin ETFs.
"we've also seen those all important spot Bitcoin ETFs being approved we've also seen BTC hitting its new all-time high"
Pending
It is highly probable that Ethereum will also see similar ETF developments as Bitcoin.
"it's incredibly likely that we're about to see a similar story with ethereum"
Pending
The current market conditions might represent a final opportunity to accumulate cryptocurrencies with high potential before significant price increases.
"this could very well be the last chance we have to accumulate whatever cryptos we believe to have the most potential before we see prices go to the moon"
Pending