YunonJin

@imyunonjin

1000 Following

135 Followers

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I lost $2,600 today because of my own stupidity, guys, always think about what you're doing.

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By today we have a range from 101K to 104K. I see 2 options for me - we will break 104K from current levels and test the next resistance in the area of 107K. Or we will go to the 101K area again, and from there we will rush upwards. ❕ The deplorable situation in the stock markets did not affect crypto much. Perhaps the younger market's dependence on fundamental assets is becoming less and less. Crypto is no longer a scam in the eyes of the masses. This is good and bad at the same time. On the one hand, new investors will enter the market and it will grow. On the other hand, newcomers will try to take away their assets, so we should be prepared for increased volatility.

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You guys, come into my TOWNS https://app.towns.com/t/0x43d82b56605e76013a7bfa0fac3940b45698269e/

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The trading week starts with an aggressive fall. Apparently, there are not many willing to buy bitcoin for 100K+. I expect a further drop and want to see buyers react at a few marks. I think we will need to get below 95K to talk about a full-blown long reversal.

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❗️ Market waits for Trump's guarantees Several indicators, including the premium on futures, speak about uncertainty in the market. Who does not know, premium is a situation when the price of an asset on futures is higher than on spot. On 20 January, when the bitcoin price updated ATH, the premium on futures relative to the spot market rose to 14%. While this figure is above the neutral threshold of 10%, it reflects moderate scepticism among professional traders. Historically, the premium has risen above 30% during bull rally periods. The lack of investor enthusiasm is due to the uncertainty surrounding the rising US fiscal debt. Moreover, the feasibility of the plan to create a "Strategic Bitcoin Reserve" that Trump is dreaming of is dependent on Congressional and Senate approval, making its implementation uncertain. I think that the US president needs to make concrete decisions about the future of the crypto in the very near future. Otherwise, a painful correction may await us.

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I made my NFT on zora and I'm gonna make more than one. Subscribe so you don't miss it. https://zora.co/collect/zora:0x39dade725a9b4c2b063d7f0eee98b266bc44a8a6/2?referrer=0x78aE094e6EB72De2a8E5800d7103c6d6842c4201

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this is a very cool designer, i'm subscribed to his instagram. i ran into him today at ZORA completely by accident

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I came across a recent analytics about mining, and I was very surprised by the cost of mining 1 bitcoin They say that nowadays it costs more than 100K bucks per bit. It is clear that the cost will vary depending on the price of energy in a particular region. But either way, the figure is pretty impressive. More importantly, based on this figure, we can conclude that the cost of bitcoin should grow significantly, and in the very near future. No one will mine bitcoin at a disadvantage. On the other hand, such an unpleasant prospect for miners may entail unexpected solutions. For example, the invention of cheap and renewable sources of electricity.

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I haven't heard about TON for a long time, Durov disappeared from the radar, and there was not a word in the news about the major successes of this company. And it turned out that the guys have quite ambitious plans for the future. Their main goal for this year is to actively develop in the American market. This was announced by the new president of the TON Foundation and member of the Board of Directors, Manuel Stolz. It is clear that the main reason for this decision was Donald Trump's victory in the US elections. Let me remind you that in May 2020, Telegram lost a multi-year court case with the US Securities and Exchange Commission (SEC) over TON and Gram.

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❗️ Bitcoin reserves on exchanges are approaching a 7-year low amid hedge fund buying According to CryptoQuant data, bitcoin reserves on all cryptocurrency exchanges fell to 2.35 million BTC as of 13 January. This value was the lowest in nearly seven years - since June 2018, when bitcoin was trading slightly above $7,000. The drop in bitcoin supply on exchanges can be attributed to continued buying by institutional participants. Hedge funds have been steadily buying bitcoin, especially on the current drawdown. The declining supply could signal an upcoming price rise. In December, US bitcoin spot exchange traded funds (ETFs) bought nearly triple the amount of bitcoin mined by miners, while bitcoin hit a new all-time high of $108,300 on 17 December.

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📌 NEW APP ON FARCASTER! ▫️Подъехали very exciting news that a new app has launched on the Farcaster platform called Anon World. ⏺This is a Reddit-like platform, but on it every user remains anonymous. ▫️В in general, if you're a Farcaster farmer, it's a great opportunity to poke around here as well.

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📈 Predictions for 2025 from funds Friends, we have prepared for you a breakdown of expectations for the crypto market for 2025 from funds. We have broken down the forecasts from the following funds: Bitwise, VanEck, Grayscale, Blockworks, a16z, Blockware. Overall market expectations: 🟢Average expected BTC price: $185,000; 🟢Average expected price of ETH: $5,750; 🟢Average expected price of SOL: $500; 🟢TVL DeFi will reach $200bn; 🟢Stablecoin capitalisation: $400 billion. Market Forecasts: 🟠Enhancing altcoin ETFs; 🟠Growth in the number of countries with BTC in reserves; 🟠Passage of legislation on stablecoins in the US; 🟠The emergence of regulated DeFi for institutionalisers; 🟠More than 1 million active AI agents; 🟠Major banks will launch cryptocustodial services; 🟠L2 will surpass L1 in transaction volume; 🟠Development of AI social networks on blockchain.

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One of the most important events of the past year was undoubtedly the introduction of new crypto market regulation rules in the EU. MiCA, or the Markets in Cryptoassets Regulation, caused USDT to be delisted from exchanges in the European Union. Despite my concerns, the market has not been particularly affected by this so far. It is also quite possible that USDT will manage to get out of this situation and get its stablecoin back in the game. Regarding the regulations themselves, I will, as always, be the devil's advocate and oppose any tightening by the government. But there are those who believe that MiCA will only benefit the industry. According to Dmitry Radin, founder of Zekret and CTO of Fideum (a blockchain infrastructure and regulation company), MiCA will help attract more investment and users.

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I almost burned to death on the inside 🥵

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Bitcoin could be a bargain at 80K if its price continues to correlate with the stock market. This is the conclusion reached by Bravo Research. In its latest macro report dated 31 December, titled "Will Bitcoin's collapse begin in 2025?" Bravo warned that BTC's "parabolic" growth could slow down in early 2025. Record outflows from the largest U.S. Bitcoin ETF, weak stock market performance and Fed policy tightening have cooled investor optimism. Bitcoin ETFs now hold 1.15 million BTC and continue to buy about 3,000 bitcoins daily. At this pace, bitcoin could rise another 50 per cent in 50 days. However, even a slight slowdown in buying through ETFs could trigger a decline. Analysts calculated. Even if flows into ETFs become positive again, this does not guarantee a rise in the price of BTC. For example, in March 2024, the price of bitcoin fell by 30 per cent, even though ETFs continued to buy. Bravos added. Do you think we are in for such a deep correction?

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Is Tether going away for good? 📜 And it's not even clickbait, because already on 30 December USDT will disappear from exchanges operating in Europe. The reason is non-compliance with the MiCA directive. 🟠At once other stablecoins reacted, trying to take the giant's place as soon as possible. Even Ripple was seen supporting Tether's FUD.

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