Neela

@neela

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Linea filters over half a million Sybil addresses from upcoming token airdrop Consensys-backed Ethereum Layer 2 network Linea is filtering Sybil wallets from its upcoming airdrop distribution with the help of Nansen. Out of 1,297,203 eligible addresses, about 516,960 were flagged as Sybils, reducing eligible recipients to 780,243. Users can check their status and appeal if wrongly flagged. Linea, a zkEVM-based Layer 2 using ZK-Rollup technology, has been live since July 2023. In November, it launched the Linea Association to oversee governance and decentralize infrastructure, with a token-generation event set for Q1 2025. The token will drive governance, but design and economics details remain pending.

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Check your $DEGEN Stats. Frame by @nikolaii.eth 🚀

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Check your degen stats. Frame v2 by @compez.eth From Effort to Achievement – $GENY Helps You Share Your Path! 🌟

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Chainlink ‘Ready To Breakout’: Analyst Eyes $50 Target Amid Whale Accumulation Chainlink (LINK) surged 9% to reclaim $23, marking a 27% rise from its Monday low amid a market recovery. Whales have accumulated 1.35 million LINK since January 14, worth $31 million, following previous purchases of 3.58 million tokens in December. Analysts predict a bullish breakout, with Altcoin Sherpa expecting a “V shape reverse” and Ali Martinez noting strong buying pressure. LINK broke past a bull pennant upper trendline, targeting $50. Analyst Jelle highlighted that LINK turned the $18-20 resistance into support, a key level linked to past ATHs. Currently, LINK trades at $23.56, a 6% daily increase.

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MicroStrategy’s preferred MSTR issuance seeks ‘returns and volatility’ at 1.5x bitcoin, Saylor says MicroStrategy plans to raise $2 billion this quarter through perpetual preferred stock, advancing its strategy to provide leveraged Bitcoin exposure. Co-founder Michael Saylor highlighted the securities' potential for volatility and optionality tied to Bitcoin's value. The company recently purchased 2,530 BTC, bringing its holdings to 450,000 BTC worth over $40 billion. Saylor praised President-elect Trump's crypto-friendly stance and suggested SAB 121 might be repealed. Benchmark maintains a "buy" rating on MSTR stock, targeting $650. Corporate Bitcoin acquisition strategies are seen as a significant market driver for 2024.

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🔵💙 we are based 💙🔵 By @showan

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Toncoin Could See A 65% Surge In The Next 43 Days—Here’s Why Toncoin (TON) is gaining attention in early 2025, as CryptoQuant analyst Burak Kesmeci highlights its 90-day percent return metric signaling an uptrend. Historical data suggests this metric often precedes significant gains; past reversals led to 65%, 258%, and 32% increases within short periods. The current bull trend, observed for seven days, raises expectations of a potential 65% gain over 43 days if history repeats. Despite these prospects, TON has faced a recent 12% decline, trading below $6, though daily trading volume has surged, possibly indicating selling pressure. Market sentiment and external factors may influence future performance.

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How Hyperliquid’s insanely lucrative airdrop launch changed the game Hyperliquid achieved unprecedented success with its $7.5 billion HYPE airdrop by excluding VCs and focusing on community involvement, creating short-term demand and organic market interest. Analysts credit its buyback-focused tokenomics and egalitarian approach for maintaining price action. Despite its success, replicating this model is deemed challenging without strong user attention and a compelling product. Hyperliquid’s advanced technology boasts higher throughput and lower fees than competitors, contributing to its market dominance. However, concerns remain about security and centralization, heightened by a North Korea-linked hacking scare and a limited validator network.

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BTC/USD: Bitcoin Rises Toward $100,000 in Quiet Seven-Day Crypto Run. What to Watch Out For? Bitcoin nears $100,000, gaining 8% in a week as markets anticipate Donald Trump’s inauguration on January 20, fueling crypto optimism. Since his election, BTC has surged 45% on hopes of pro-crypto policies. Analysts warn of potential volatility with a "buy the rumor, sell the news" scenario. Total crypto market cap exceeds $3.5 trillion, signaling strong demand. Traders are urged to remain cautious despite bullish sentiment.

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Internet Computer to Participate in CfC St. Moritz in St. Moritz on January 16th Internet Computer (ICP) will join a panel on “Blockchain, AI, and quantum computing” at the CfC St. Moritz conference on January 16. Developed by the DFINITY Foundation in 2021, ICP aims to create a scalable, cost-efficient blockchain for decentralized applications (dapps). Key technologies include Chain Key Cryptography and the Network Nervous System (NNS) for decentralized governance and network scaling. Unique features include minimal data storage costs, direct HTTP-based smart contract services, and a reverse gas model where developers bear transaction fees. The ICP token powers governance by creating "Neurons" for voting on proposals and earning rewards.

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CoinDesk Bitcoin Price Index Gained 1.26% to $94588.49 — Data Talk The CoinDesk Bitcoin Price Index rose by $1,174.58 (1.26%) today, reaching $94,588.49. Bitcoin has increased in three of the past five days but remains 11.38% below its all-time high of $106,734.51 on Dec. 17, 2024. It’s up 121.31% from a year ago ($42,739.86) and 141.53% from its 52-week low of $39,161.76 on Jan. 23, 2024. Today’s intraday high was $94,649.94, marking a 1.32% gain from opening levels. The index reflects the 4 p.m. ET closing price.

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Check your $DEGEN stats frame by @mohammad98

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'To the moon:' bitcoin more than doubles in 2024, crypto stocks mixed Cryptocurrency and blockchain-related stocks soared in 2024 as Bitcoin more than doubled, fueled by hopes of regulatory easing under President-elect Trump and institutional adoption. Major milestones included Bitcoin reaching $100,000, spot Bitcoin ETFs being approved, and MicroStrategy entering the Nasdaq 100. Analysts predict Bitcoin could hit $200,000 by late 2025, potentially replacing gold as a primary store of value. The crypto market cap surged to $3.43

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Fantom (FTM) - Start FTM to S Conversion - 19 Jan 2025 On January 19, 2025, Fantom (FTM) will start a conversion to Sonic (S). This event includes free swaps for the first 90 days, which can attract many investors interested in the new token. Moreover, 190.5 million tokens, accounting for 6% of the total supply, are set aside for a points-based airdrop until mid-2025. Such large-scale events can increase buying interest and trading volume, potentially impacting the price positively. For more information, visit this source.

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Memecoins lose momentum as $40B lost in December In December, memecoins saw a 30% market cap drop, declining from $120.14 billion on Dec. 1 to $92.67 billion by Dec. 23, before recovering slightly to $98.72 billion. Pepe led notable trends, surging after Binance.US listed it, briefly reaching an all-time high and crossing $11 billion in market cap. Despite the decline, traders made significant profits, including one gaining a 1,900,000x return. Listings like Moodeng, Mog, and Dogwifhat by Coinbase also influenced market activity. Pepe’s overall market cap growth highlights the volatile yet lucrative nature of memecoins.

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South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea sanctioned 15 North Koreans and one entity linked to cryptocurrency thefts and cybercrimes, tied to Bureau 313, which oversees DPRK’s weapons and ballistic missile programs. North Korean IT workers disguised as legitimate employees infiltrated global companies, stealing cryptocurrencies and sending funds to Pyongyang. One individual, Kim Cheol-min, was cited for funneling foreign currency. North Korean hackers, responsible for major thefts like the $308 million DMM Bitcoin heist, stole $1.34 billion in 2023, accounting for 61% of global crypto theft. Sophisticated tactics, including fake identities and exploiting remote work, underline DPRK’s growing cyber threat.

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XRP Price Has Been Struggling. How the Crypto Is Starting the Fresh Week. XRP dropped 2.3% to $2.19 on Monday, continuing its decline from a December high of $2.89, though it remains significantly up from 62 cents earlier this year. Other cryptocurrencies also fell, with Bitcoin down 1.3%, Ethereum down 1.5%, Solana down 0.5%, and Dogecoin down 0.7%, amid concerns over the Federal Reserve signaling fewer rate cuts in 2024. Crypto prices generally benefit from lower interest rates, making the Fed's stance unfavorable for the market. However, crypto gained a boost as Trump nominated Stephen Miran, a crypto advocate, to his team, joining other pro-crypto figures like Paul Atkins and David Sacks.

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Dow, S&P 500 Fall; Bitcoin Briefly Tops $108,000 — WSJ Bitcoin hit a record high above $108,000, while U.S. stock indexes fell ahead of the Federal Reserve's expected rate cut decision. Retail sales rose 0.7% in November, but industrial production declined, signaling mixed economic data. Major indexes like the Dow, Nasdaq, and S&P 500 saw losses, with the Dow nearing its longest losing streak since 1978. Treasury yields dipped slightly after Monday's close at 4.397%. Oil prices fell below $70 per barrel, and the Canadian dollar hit a multi-year low amid political instability. Overseas markets were mostly down.

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