🤔 What to buy?

Current market conditions indicate a possible transition to a stage where capital flows from Bitcoin to Ethereum and altcoins.

Bitcoin's dominance in this scenario will fall and fuel the altcoin bull run 🚀

Right now, we can observe how ETH outerforms BTC: Ethereum is up 14.6% in the last 7 days, while BTC is only up 0.9%

The growth leaders among altcoins right now are fundamental projects built on Ethereum and its L2 blockchains. If you don't know which coins to buy and think the current meta will continue, it might be worth looking at tokens like these 👇

• $EIGEN — EigenLayer

• $UNI — Uniswap DEX

• $AAVE — Aave lending market

• $LQTY — LiquityProtocol

• $ETHFI, $REZ — ETH LRT protocols

• $PENDLE — Pendle Finance

Ethereum is trading above $3,600 for the first time since July 🎉

Are you holding ETH?

✅ After a correction to $90k, the crypto market is actively recovering, with Bitcoin reaching over $96,500 and Ethereum and related projects leading the growth 📈

Daily Digest:

🔸 OpenAI gets new $1.5 billion investment from SoftBank

🔸 Ripple has said it'll invest in a newly-rebranded Bitwise Physical XRP ETP 🥏

🔸 NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to recent months

🔸 After almost 14 months of deadly bombings, a ceasefire was negotiated between Israel and Lebanon

🔸 Elon Musk says the IRS will be audited by the Department of Government Efficiency

🔸 Vancouver Mayor proposes motion for the city to adopt Bitcoin as a reserve asset 🇨🇦

🔸 US Senator Ted Cruz wants Texas to be a hub for Bitcoin and crypto

🔹 Prices:

🥇 Bitcoin - $96,429 (↑5.2%)
✨ Ethereum - $3,633 (↑9.4%)
🧪 S&P 500 - 5,998 (↓0.38%)
🕗 DXY - 106.07 (↓0.88%)
🌉 Gold - 2,635 (↑0.10%)

Join our chat 🗯

The focus has changed 😅

As families across the United States celebrate Thanksgiving today, they may not have noticed, but the price of food has gone up significantly 📈

According to statistics from the American Farm Bureau Federation, the price of food used for traditional meals has increased 18.9% since the beginning of the Covid pandemic 📊

🇨🇳 Good news from China: Hong Kong has proposed tax exemptions on crypto profits for hedge funds, private equity and family investment funds

That's very good news. It seems the climate for crypto is warming not only in the US, but also in the world's second economy 🐂

Every crypto cycle we have had a 👀

🤑 BTC run (when Bitcoin attracts all the liquidity while altcoins underperform)

🤑 ETH run (when Ethereum and its DeFi tokens outperform everything)

🤑 Altcoin season (when all kinds of altcoins are pumping while BTC and ETH go sideways)

Where do you think we are in this scheme?

How to Track Your Crypto Investments: Tools and Apps 🔍

Keeping track of your crypto investments is essential. Here are some free tools to help you monitor your portfolio and wallets effectively 👇

Investment Trackers:

📊 AssetDash. This app lets you track your crypto investments and also allows you to track what memecoin whales are buying and selling in real-time.

📊 Delta Investment Tracker. This app offers detailed analytics for your stocks, crypto and NFTs investments.

If you actively use DeFi and hold crypto on a decentralized wallet, then you need platforms to track your holdings, transaction history, active positions, etc.

Wallet Trackers:

✨ DeBank: Ideal for Ethereum and other EVM-compatible networks.

🔳 CoinStats: If you're using Solana, CoinStats is for you, because DeBank doesn't support Solana wallets.

#FAQ

✅ The week is coming to an end and it seems that the market is gradually decreasing. Bitcoin is trading between $96k and $95k, while AI-related altcoins are pumping 🔼

Daily Digest:

🔸 The Trump team has interviewed former SEC Commissioner Paul Atkins as a candidate for the SEC chairman

🔸 Hong Kong proposed tax breaks to attract crypto hedge funds, investors 🇭🇰

🔸 Tether is dropping support for its euro-pegged stablecoin EURt, asking users to redeem holdings within one year

🔸 XT .com crypto exchange, has suspended withdrawals after a suspected $1.7 million hack

🔸 US government debt is on track to surpass $50 trillion by 2033, Bank of America said

🔸 Swiss canton of Bern votes to study Bitcoin mining feasibility 🇨🇭

🔸 former Ethereum co-founder Jeffrey Wilcke transferred 20,000 ETH ($71.5 million) to Kraken

🔹 Prices:

🥇 Bitcoin - $95,365 (↓0.9%)
✨ Ethereum - $3,592 (↓2.0%)
🧪 S&P 500 - 5,998 (↓0.38%)
🕗 DXY - 106.17 (↑0.08%)
🌉 Gold - 2,637 (↑0.05%)

In case you were wondering: Yes, Jim Cramer (known for his extremely bad predictions) said "All I can tell you is own Bitcoin, that's a winner" when we were at $99k 🥲

HyperLiquid has finally launched it's token $HYPE 💰

2/3 of all tokens will be allocated to the community, 0% of the supply will be allocated by exchanges and market makers 📊

It is one of the few community-focused projects and their token just launched at a valuation of $4 billion FDV.

The community received over $1 billion in airdrop for the points they received for trading on the platform 💰

38.8% of the supply is earmarked for future community rewards, which means that trading on HyperLiquid is guaranteed to get you some rewards 🪂

We are so back! BTC is up 8.8% from local lows and reaches $98k again 🤑

Will we get to $100,000 this time around?

Yes — 👍

No — 🫡

It couldn’t get any crazier but it did 🍌

After buying the 'duct-taped banana' art on Sotheby’s for $6.2M, Justin Sun, the founder of Tron network $TRX, decided to eat it 😊

Bitcoin is now more valuable than the Canadian Dollar 🤑🇨🇦

✅ Bitcoin climbs back to $98k despite spot ETH ETFs seeing about $225 million in net inflows over four recent trading days, which was $190 million more than the spot Bitcoin ETFs 📊

Daily Digest:

🔸 New York regulator set to approve Ripple’s RLUSD stablecoin

🔸 HyperLiquid has finally launched its token $HYPE, it became the biggest airdrop in crypto history on the first day of trading

🔸 Justin Sun ate the banana he bought for $6.2 million 🍌

🔸 ETH to $4K before Trump inauguration per Finance Redefined

🔸 XRP flips BNB by market capitalization after 18% pump

🔸 Switzerland’s Canton of Bern parliament has approved a motion to explore Bitcoin mining as a way to utilize surplus energy 🇨🇭

🔸 The official Ripple channel has been removed from YouTube

🔹 Prices:

🥇 Bitcoin - $96,997 (↑1.5%)
✨ Ethereum - $3,587 (↑0.7%)
🧪 S&P 500 - 6,032 (↑0.56%)
🕗 DXY - 105.78 (↓0.34%)
🌉 Gold - 2,650 (↑0.48%)

Imagine taking last place just to forget that you have 25 BTC 😅

JUST IN: Ethereum breaks above $3,700 while BTC dominance goes down 👀

If we look at Bitcoin's High time frame chart, we can see that the largest liquidations will occur if we go up from here 🔍

When the price reaches $99,400, over $500 million of cumulative leveraged short positions will be liquidated, helping to prime the pump above $100,000 🚀

November is over, December is here ❄️

Historically, this month has been as bullish as the previous two in US presidential election years ↗️

If this trend continues, we can expect to see a new ATH and finally break through the $100,000 resistance level 🥇

Some HTF $ETH chart technical analysis 👇

Since the last bull market the price has formed an ascending triangle pattern, a bullish continuation setup 📈

Since the summer there have been a number of higher lows, indicating that there is sustained buying pressure pushing the price closer to the key breakout zone.

⤵️ $4,000 is the key resistance level that has been tested multiple times and coincides with the top of the ascending triangle

Recently, spot ETH ETFs have seen some good net inflows, even surpassing spot BTC ETFs weekly inflows for the first time since their launch 📊

If this trend continues we will see a breakout above $4k where ETH will be set to reach $6k or even $10k in 2025 🤑