Crypto News: Wen $100k BTC? XRP & ALGO Explode, ETH Beta Picks & More!
Published: 2024-12-02
Status:
Available
|
Analyzed
Published: 2024-12-02
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Historically, Bitcoin has averaged a 10% increase in December, with an average of 28% in halving years (2012, 2016, 2020).
"December historically Bitcoin averaged about a 10% increase in December and in the Haren years we've seen 6% in 2012 31% in 2016 and 47% in 2020 so average 28% return in December in a Haring year"
Pending
A breakout past $100K for Bitcoin is possible by the FOMC meeting on the 18th, especially if there's a 25 basis point rate cut.
"And if we don't get a breakout past 100K by the FM fomc meeting in on the 18th potentially if there's a 25 basis points cut we could go through there"
Pending
The $100K barrier for Bitcoin is expected to be breached, it's a matter of 'when, not if'.
"so you kind of have to feel it's sort of a question of you know when not if that 100K barrier is breached"
Pending
The upcoming Petra upgrade for Ethereum, expected early next year, will focus significantly on improving user experience.
"the Petra upgrade which is due around early next year you unfortunately that is one of the things that they're focusing on uh in a big way with this with this next upgrade"
Pending
Aave is considering expansion to other blockchains and potential integrations with Aptos.
"they are potentially going to expand looking to potentially expand to other chains they looking at potential Integrations with eptos"
Pending
XRP holders are exhibiting hoarding behavior, transferring fewer tokens to exchanges.
"there's also um from onchain stats you can take a look there's hoarding Behavior apparently where um xrp holders are not transferring as many xrp to exchanges so they're hodling"
Pending
Ripple is speculated to potentially go public in 2025.
"I'm updating my crypto bingo card for 2025 updated my crypto bingo card for 2025 um to for ripple to go public"
Pending
Algorand experienced a golden cross (50-day moving average crossing over the 200-day moving average), indicating a bullish technical signal.
"we had a golden cross which is of course when you have um uh the 20 the 200 the 50-day moving average went over the 200 which generally considered a more bullish sign on on the technical side of it"
Pending
The United Nations is incorporating Algorand into its blockchain academy for staff upskilling in crypto technologies.
"the United Nations are now going to be using algorand is that correct the United well they launched a blockchain academy uh to upskill staff so basically you know and we we train staff globally in crypto Technologies and the aloran is part of this"
Pending
Historically, Bitcoin has averaged a 10% increase in December. In halving years, the average December return is 28% (6% in 2012, 31% in 2016, 47% in 2020).
"historically Bitcoin averaged about a 10% increase in December and in the Haren years we've seen 6% in 2012 31% in 2016 and 47% in 2020 so average 28% return in December in a Haring year"
Pending
Ethereum Name Service (ENS) is launching a Layer 2 solution called 'Name Chain', including a version two.
"there's Hypes around in the end launching another layer two right so another opportunity to for Value a Cru to go away from the main chain you know guy just saying um it's called name chain um and it's a it's launching a version two as well"
Pending
A 25 basis point interest rate cut at the FOMC meeting on the 18th could lead to Bitcoin breaking through the $100k level.
"potentially if there's a 25 basis points cut we could go through there"
Pending
A significant unlock of GTO tokens is scheduled for December 7th, representing 103% of the circulating supply.
"this unlock comes in five days it is Big it's um 7th of December 103% of the circulating Supply so that's big"
Pending
It's a matter of 'when, not if' Bitcoin breaches the $100k barrier.
"you kind of have to feel it's sort of a question of you know when not if that 100K barrier is breached"
Pending
Donald Trump reportedly favors the CFTC overseeing crypto instead of the SEC.
"Trump reportedly wants the cftc to oversee crypto not the SEC"
Pending
The upcoming Petra upgrade for Ethereum, expected early next year, will focus significantly on improving user experience.
"the Petra upgrade which is due around early next year you unfortunately that is one of the things that they're focusing on uh in a big way with this with this next upgrade"
Pending
Phantom's mainnet launch, 'Sonic', is highly anticipated due to its Layer 1 nature and the involvement of DeFi figure Andre Cronje.
"this is the the Phantom main net launch to Sonic right so this is big news obviously everyone's everyone's excited about this particularly because of also um it's another layer one obviously there's a big Community behind it but also because of whose one of the main developers is going to be on top of it and one of the main figureheads is of course the D defi D legend himself Mr Andre cronier"
Pending
If the Ethereum Petra upgrade does not deliver expected changes, the speaker might need to reconsider their bullish stance on ETH.
"if Petra doesn't go well if Petra doesn't kind of deliver um some of these changes that we've been that we've been looking for then I might have to I might have to reassess a bit"
Pending
Ethena is offering approximately 29% APY on USD, significantly higher than the 4.7% on USDC.
"yields on USD are um USD Are Climbing another 29% apy versus about 4.7% on USD Circle circles usdc"
Pending
Key US economic data releases include JOLTS job openings on December 3rd and unemployment/nonfarm payrolls on December 6th.
"December 3rd jol's job openings that's on the 3rd of December tomorrow but on December 6 obviously we got uh the unemploy mment and nonfarm payrolls"
Pending
Arb's Total Value Locked (TVL) has reached an all-time high, surpassing $10 billion in active loans.
"it's tvl um in uh just just reached an all-time high um it's got more than 10 it's just past 10 billion dollars worth of uh of active loans recently"
Pending
The nonfarm payrolls (expected 195k) and unemployment rate (expected 4.1%) on December 6th are important indicators for Fed decisions.
"on December 6 at 195k unemploy mment previous was 4.1 consensus the same so that's I think I'd watch pay pay more attention to the uh to the December 6 when you've got the NFP and the unemployment itself"
Pending
XRP's recent performance demonstrates that significant pumps are still possible for large-cap cryptocurrencies.
"xrp has kind of just shown us that that it is still uh that those sort of Miracles are still"
Pending
Donald Trump is threatening 100% tariffs on countries involved in developing a BRICS currency.
"Trump who's now threatening sanctions of 100% not sanctions um tariffs 100% on countries who get involved and actually want to develop this bricks currency"
Pending
There have been ETF filings for XRP by entities including 21Shares, Bitwise, and Canary Capital.
"there's 21 shares there was bitwise there was Canary capital a few ETFs had been um uh there had been had been been registered for ETF filings for xrp"
Pending
The United Nations will be using Algorand as part of its blockchain academy to upskill staff in crypto technologies.
"the United Nations are now going to be using algorand is that correct The United well they launched a blockchain academy uh to upskill staff so basically you know and we we train staff globally in crypto Technologies and the aloran is part of this"
Pending
Ethereum Name Service (ENS) is launching a layer-2 solution called 'NameChain,' with a version two also in development, creating an opportunity for value accrual away from the main chain.
"there's Hypes around in the end launching another layer two right so another opportunity to for Value a Cru to go away from the main chain you know guy just saying um it's called name chain um and it's a it's launching a version two as well"
Pending
Hedera Hashgraph is heavily focusing on the RWA (Real World Assets) narrative, which is considered bullish for this cycle.
"it's leaning very much heavily into our waas which we know are very bullish narrative for this cycle"
Pending
Klaytn (now KAS) is a significant project in Korea.
"Clayton um and you know and and now Ka are sort of very Korean projects um very big in Korea"
Pending
There is a resurgence of interest in the 'Tangle' narrative associated with IOTA.
"the ll tangle narrative are we getting the ll tangle narrative are we getting the tangle back"
Pending
EOS has seen a 32% price increase and is currently the 64th largest cryptocurrency.
"EOS is up 32% and is he's currently the 64th largest crypto"
Pending
Solana has a great product and interface, particularly highlighted by the Phantom wallet, which is considered one of the best dApps in crypto.
"salana has got such a great product such a great you know interface if you like um with the Phantom wallet which I think is one of the best you know best deps that we've that we've seen in crypto so far"
Pending
Solana has its own name service, indicating a broader trend of such services across blockchains.
"salana name service"
Pending
The Fantom Sonic mainnet launch, featuring Andre Cronje as a key figure, is generating excitement as it represents another Layer 1 blockchain with a significant community.
"Phantom main net launch to Sonic right so this is big news obviously everyone's everyone's excited about this particularly because of also um it's another layer one obviously there's a big Community behind it but also because of whose one of the main developers is going to be on top of it and one of the main figureheads is of course the D defi D legend himself Mr Andre cronier"
Pending
Stellar has a mainnet upgrade vote scheduled soon.
"they have a vote um on a main net upgrade um coming very soon"
Pending
GTO will have a significant unlock on December 7th, amounting to 103% of its circulating supply, with 41% going to investors and the rest to core contributors.
"GTO this unlock comes in five days it is Big it's um 7th of December 103% of the circulating Supply so that's big um and at least 41% of that is going to investors and the rest to core contributors"
Pending
GTO is a liquid staking project on Solana that enhances yields by passing MEV earnings to stakers and has developed a validator client.
"liquid staking they run they obviously developed one of the validator clients and they obviously have this me enhanced liquid stake in where they passing some of the meev earned to stakers that increases yield"
Pending
There is a suggestion that Bitcoin could be accumulated as a 'freedom metric' and serve as a reserve asset.
"Bitcoin you know I think it's like one of these things he wants to have a Bitcoin Bitcoin reserve and he wants to he wants to accumulate Bitcoin as a as a freedom metric"
Pending
A US appeals court ruled that Tornado Cash's smart contracts, being decentralized and immutable code, cannot be sanctioned under traditional frameworks.
"US appeals court ruled that tornado Cash's smart contracts um were decentralized and im as decentralized and immutable code um they could not be sanctioned under traditional Frameworks"
Pending
The Tornado Cash ruling could encourage developers to write code more freely, as the risk of prosecution for code they write may be reduced.
"this could be a big step towards developers feeling like they are more able to start writing code again"
Pending
Donald Trump reportedly favors the CFTC overseeing crypto, rather than the SEC, potentially reducing the SEC's oversight over digital assets.
"Trump reportedly wants the cftc to oversee crypto not the SEC"
Pending
A shift in regulatory oversight to the CFTC could potentially allow for a return to ICOs where tokens are not viewed as securities.
"what this would allow for potentially is we could go back to the days of eventually thinking back to icos right in terms of like offering tokens and they would not be viewed as Securities and they would not get hit by the ACC"
Pending
Elon Musk reportedly wants to eliminate the Consumer Financial Protection Bureau.
"Elon wants to get rid of Elizabeth Warren's baby her pet project the Consumer Financial Protection Bureau"
Pending
AI agents are being developed that can perform crypto-related tasks on behalf of users.
"AI agents that you can get to go and do crypto stuff on your behalf"
Pending
There is speculation that Ripple may go public in 2025.
"I'm updating my crypto bingo card for 2025 um to for ripple to go public"
Pending
The ability to have a simple Ethereum address that also functions as a crypto wallet is considered a significant innovation.
"you can have you can have an ethereum address that's that's simple you know that can act as your as your crypto wallet as well"
Pending
Phantom wallet is considered one of the best dApps in crypto, offering a great interface and product.
"salana has got such a great product such a great you know interface if you like um with the Phantom wallet which I think is one of the best you know best deps that we've that we've seen in crypto so far"
Pending
Solana has a name service, indicating a broader trend of such services across blockchains, with Phantom wallet being a key part of Solana's user experience.
"salana name service"
Pending
The Phantom wallet is considered one of the best dApps seen in crypto so far.
"with the Phantom wallet which I think is one of the best you know best deps that we've that we've seen in crypto so far"
Pending
Key US economic data releases on December 6th include Nonfarm Payrolls (NFP) with a consensus forecast of 195k (previous was 12k) and Unemployment Rate with a consensus of 4.1% (previous was 4.1%).
"on December 6th obviously we got uh the unemploy mment and nonfarm payrolls previous the NFP was 12K which wasn't too good and then we got consensus for this um this time on the December 6 at 195k unemployment previous was 4.1 consensus the same"
Pending
Donald Trump is threatening 100% tariffs on countries involved in developing a BRICS currency.
"Trump who's now threatening sanctions of 100% not sanctions um tariffs 100% on countries who get involved and actually want to develop this bricks currency"
Pending
The 'weaponization' of the US dollar is a contributing factor to countries considering alternatives like the BRICS currency.
"part of the reason they even considering the bricks is because of the weaponization of the US dollar"
Pending