Early December Crypto Boost

Early December Crypto Boost

2024: The Year of Crypto’s Triumph

2024 was a landmark year for the Crypto Asset market, defined by remarkable growth and pivotal milestones against a backdrop of resilience and recovery.

From groundbreaking ETF approvals to a DeFi renaissance and explosive growth in blockchain adoption, the year was a whirlwind of milestones and market-shaping moments. But what truly sets this year apart was the industry's ability to emerge stronger after enduring years of unprecedented challenges.

If 2024 was the year of rebuilding, 2025 stands to be a year of thriving for the crypto industry.

The year began with the U.S. Securities and Exchange Commission (SEC) approving 11 spot Bitcoin ETFs, drawing significant inflows and enhancing market legitimacy. These ETFs have since attracted astonishing net inflows of $34.4 billion that have exceeded the highest expectations.?

BlackRock's iShares Bitcoin Trust (IBIT) became the fastest-growing ETF on record, surpassing $30 billion in AUM within just 293 days.

However, this triumph came after years of intense regulatory scrutiny and market skepticism. The "crypto winter" of 2022-2023, marked by industry collapses like Terra, FTX, and Celsius, left many questioning the technology’s future. Yet, these "extinction-level" events acted as a catalyst for industry-wide reform.

Whichever way you look at it, the message is clear, Bitcoin and blockchain technology is here to stay.?

In March 2024, Bitcoin surged to a new all-time high of $73,000, driven by institutional inflows and growing recognition of its role as a hedge against uncertain monetary policy. Altcoins followed suit, with meme coins and emerging sectors like AI/DePin (Decentralized Physical Infrastructure Networks) stealing the spotlight.

During the month, BlackRock introduced its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), on the Ethereum blockchain. This groundbreaking initiative allowed qualified investors to earn yields on U.S. dollar holdings, offering features like 24/7 peer-to-peer transfers and flexible custody options.

In May 2024, the SEC approved eight Ethereum ETFs, broadening institutional access to the world's leading smart contract platform. These ETFs have since garnered $1.87 billion in inflows, cementing Ethereum's position as a cornerstone of institutional portfolios.

By June 2024, DeFi Total Value Locked (TVL) crossed the $100 billion mark for the first time since 2022. This resurgence was powered by innovative protocols like EigenLayer, Pendle Finance, and Ethena, which introduced groundbreaking yield-generation strategies and tokenized real-world assets. Institutions, drawn by the promise of transparent, high-yield opportunities, began to embrace DeFi again.

Amid this growth, crypto faced more tests of its resilience. In July 2024, the German government sold its final 3,846 Bitcoin as part of a broader liquidation of nearly 50,000 Bitcoin seized from the piracy platform Movie2k.to. At the same time, Mt. Gox creditors finally began receiving long-awaited restitution payments of approximately 142,000 Bitcoin, valued at around $9.4 billion. These massive liquidations, which could have destabilized the market in prior years, were absorbed by the market but caused volatile sideways market for up to 5 months culminating in a large sell-off on the 5th of August 2024.

Meanwhile, MicroStrategy’s relentless Bitcoin accumulation and El Salvador’s pioneering adoption of Bitcoin as legal tender became central to discussions of Bitcoin as a strategic reserve asset. Inspired by their success, institutional and sovereign interest in Bitcoin grew, culminating in speculation about its role in reshaping global monetary systems.

In October 2024, Solana’s ecosystem hit its stride, with daily active addresses soaring to 9.4 million, a staggering increase from 200,000 a year earlier. Solana’s utility as a high-performance blockchain drove its native token, SOL, to a new all-time high of $253 by November 2024.

Adding fuel to this momentum, Donald Trump's re-election in November brought renewed optimism to the crypto market. His administration's pro-crypto stance and focus on regulatory clarity further solidified the narrative of U.S. leadership in the digital asset space.

As Bitcoin reached an all-time high of $103,000 in December 2024, the cryptocurrency market capitalization climbed to $3.8 trillion. These milestones capped a transformative year, underscoring the crypto industry’s ability to endure and thrive, even in the face of existential threats.

With Bitcoin increasingly seen as a strategic reserve asset and blockchain technology gaining mainstream traction, 2024 marked the beginning of a new era for the crypto market. The industry has not only survived but thrived, emerging stronger, more innovative, and more integral to the global financial system. The stage is set for continued momentum in 2025 and beyond.

While it’s still no bed of roses, optimism in the community is abundant for 2025. Our hope is that community leaders and protocol communities alike focus on the fundamentals starting with tokenomics and valuation creation through real world user-friendly applications that make life more simple while providing opportunities for growth.


We are dubbing 2025 as the year of “Two Tops”.


Our 2025 prediction list:

  • We expect Bitcoin to top in Q1 between $115-130k then dropping 20-50% close to mid-year before rallying once more in the latter half of the year to the region of $200-250k.?
  • Trump pushes for Bitcoin as a strategic asset but his early efforts are stymied.?
  • NFT Comeback (the meme narrative overflows into pictures etc.)
  • ETH/BTC exceeds 0.05
  • Solana & Ripple spot ETF is approved
  • Total Value Locked across DeFi exceeds $250bn
  • An AI protocol becomes a top 20 coin by market cap
  • Total 2 (crypto total market cap excluding BTC and ETH) exceeds $2 trillion (currently $1 trillion)?
  • 10 of the top 50 assets will be memecoins
  • More countries push for Bitcoin as a strategic reserve asset and a handful announce accumulation.?
  • Projects with potential: LINK, GRASS, TAO, POLIS, LUMIA


Please get in touch with Steffen ([email protected]) or Chris ([email protected]) if you would like to find out how to tap into our Top 50 passive index product that gives investors exposure to this potential growth opportunity.


Bitcoin Technical Outlook: Bitcoin has spent the most part of the last two weeks in price discovery mode. A couple of days here or there brought weakness but those lower prices were snapped up. We are approaching new all time highs once more and we expect a new one over the next week or so ($107-110k target) before a volatile period over the Christmas and New Year period. Support at $94k then $91k.


Why SwissOne Capital?

SwissOne offers seamless access in to the Crypto Asset ecosystem via traditional market channels. Offering the Top 50 Crypto Assets momentum-weighted as well as Smart Metaverse strategies, SwissOne brings you direct and sensible exposure to this uncorrelated and high growth asset class. Operating with institutional-grade European financial service providers, there is a safe and secure passage from traditional markets into Crypto Assets.


Top 50 Crypto Performance

(past 30 days-to-date)


Top Research & Articles

KELXYZ:?The Case For Agent Networks to $250b MC

Cointelegraph:?Trump’s crypto czar is Solana bull and Multicoin Capital investor Cointelgraph:?MicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence


COIN FOCUS

Blur?(BLUR– $0.3; ATH – $5.1)

?

WHY?

In the early days of NFT trading, activity was scattered across isolated marketplaces, forcing users to navigate through incomplete data and inconsistent pricing. The resulting fragmentation did more than complicate the search for value and discouraged emerging projects.? Blur simplifies NFT trading by consolidating multiple marketplaces into one accessible platform. Instead of managing various sites and fragmented data, traders and collectors can find, analyze, and complete transactions in one central hub. Built on Ethereum’s secure foundation and powered by real-time data, Blur reduces entry barriers and equips experienced users with tools to refine their strategies.

WHAT

Blur aggregates scattered information into a comprehensive resource, unifying pricing data, listings, and analytics into one interface. This setup makes it simpler for users to spot opportunities right away and take action with confidence. The seamless integration of wallets and trading tools enhances convenience. Meanwhile, the platform’s decentralized structure helps maintain user trust and keep assets secure. Instead of piecing together insights manually, traders can leverage Blur’s platform for clarity across the NFT space. Its strategic airdrop campaigns have grown the Blur community, establishing it as a leading aggregator. By involving users in shaping the platform’s development, Blur keeps its updates in step with what the market really wants, creating a more transparent, accessible, and lively digital asset environment. Unified Understanding: Blur merges listings, pricing, and analytics, converting market data into actionable insights. Adaptive Governance: BLUR token holders influence platform policies, fees, and features, ensuring the platform evolves based on community feedback.

HOW ?

Blur’s model for growth relies on incentives, scalability, and adaptability. Active traders and liquidity providers earn BLUR tokens, creating a cycle of engagement that continually enhances the platform. Transactions and assets are secured by Ethereum-based smart contracts, while the flexible infrastructure welcomes emerging standards and evolving user preferences. Beyond basic buying and selling, Blur offers a trading-friendly environment where users can place bids, access loans, view holder information, and explore in-depth trading statistics, all within one unified interface. As more participants join and share their input, Blur refines its features, maintaining its position as a forward-looking solution in the rapidly changing NFT ecosystem.


DISCLAIMER: INFORMATION IN THIS NEWSLETTER DOES NOT CONSTITUTE AN OFFER OR SOLICITATION FOR INVESTMENT. THE DISTRIBUTION OF THE INFORMATION CONTAINED IN THIS NEWSLETTER IN CERTAIN COUNTRIES MAY BE RESTRICTED BY LAW AND ACCORDINGLY, PERSONS WHO READ IT ARE REQUIRED TO INFORM THEMSELVES AND TO COMPLY WITH ANY SUCH RESTRICTIONS. NO SHARES OR UNITS SHALL BE OFFERED TO THE GENERAL PUBLIC IN ANY JURISDICTION. ANY FIGURES, GRAPHS OR CHARTS SHOWN IN THIS NEWSLETTER REFER TO THE PAST. PAST PERFORMANCE IS NOT A RELIABLE INDICATOR OF FUTURE RESULTS.


Mits P

Student at Mumbai University

2 个月

Follow CIFDAQ’s Instagram for crypto tips and updates.

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