Today's Newsletter content 📃
No. | Index |
|---|---|
1. | Bitcoin Surges Past $97,000 |
2. | Bitcoin’s 2025 Price Predictions |
3. | Tether Burns $1B USDT 🔥 |
4. | ai16z’s Blockchain Vision 👁👁 |
5. | KULR Technology Joins Bitcoin Treasury Trend 🏦 |
6. | $HYPE Dominates 2024’s Crypto Launches🔝 |
7. | India’s Economic Crisis: Global Impact 🔻 |
8. | 🤣 Meme of the week 🤣 |
Bitcoin Surges Past $97,000 as Optimism Returns to Crypto Markets
Bitcoin just hit $97,011, a 3% gain since 2025 started! Institutional interest is soaring, with Bitcoin ETFs close to $110B. BlackRock’s iShares Bitcoin Trust holds 542,000 BTC, worth $51.5B. Optimism is back, thanks to regulatory clarity under President Trump and hopes for crypto IPOs. Traders are eyeing $97,600 and $99,000 as key resistance levels, so watch out for potential breakouts!
Bitcoin’s 2025 Price Could Reach $400K: Blockware
Blockware Solutions has some bold predictions for Bitcoin's future. In 2025, Bitcoin could hit anywhere from $150K to $400K! Factors like Trump’s Bitcoin Reserve, Federal Reserve policies, and corporate adoption will play major roles. If the stars align, we could see a Bitcoin boom — or, if things don’t play out, we might be looking at a more modest rise.
Tether Burns $1B USDT: Impact on Crypto Market
Big moves in the stablecoin world! Tether just burned $1B USDT, reducing its supply. This shift from TRON to Ethereum is making waves, and could slightly impact Bitcoin’s price in the short term. With new EU regulations pushing for compliant stablecoins like USDC, we’re in for an interesting ride.
ai16z Explores Layer 1 Blockchain and Tokenomics Overhaul
ai16z is looking to shake things up with a new Layer 1 blockchain for AI applications. They're planning a token launchpad for AI projects by Q1 2025, and whale activity is on the rise. With strategic partnerships and an eye on AI-driven decentralization, ai16z is positioning itself as a major player.
KULR Technology Joins Bitcoin Treasury Trend
KULR Technology is getting in on the Bitcoin action! The company invested $21M in 217.18 BTC and plans to allocate up to 90% of its surplus cash into Bitcoin. Following in the footsteps of MicroStrategy, KULR is embracing the "digital energy" of Bitcoin, and the stock surged 40% after the news.
Hyperliquid Dominates 2024’s Crypto Launches
Hyperliquid (HYPE) is making waves with a $27.2B valuation, surpassing other big DeFi projects. Post-airdrop, its token surged, backed by protocol fees and token burns. With 31% of tokens unlocked, HYPE is making a splash in 2024, setting the stage for even bigger things in 2025.
India’s Economic Crisis: Global Impact
India is facing a tough time, with the rupee at an all-time low and capital outflows hitting $10.3B this quarter. Trade deficits and a looming $20–30B payment deficit are putting pressure on the economy. As India plays a bigger role in global supply chains, these economic troubles could ripple across the world.
🤣 MEME OF THE WEEK 🤣
It's just a FUD bro, HODL
the FUD :
Alright, that’s a wrap for this year’s first edition of The Web3 Watch! 🚀
See you all next week
HAPPY NEW YEAR!
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