Crypto X

SHORT #BCHUSDT from $250.13 stop loss $254.78 5m TF. Locally, the instrument is moving in a downtrend. Now we are observing a formation for a breakdown of the horizontal support level at the breakdown of the SP. The price is confidently being pressed to this level. We are waiting for a few more minutes to trade and try to enter the breakdown.

BTC halving is less than 100 days away. https://coinmarketcap.com/events/bitcoin-halving/

Bitcoin’s decline since the start of trading of exchange-traded funds that hold the cryptocurrency was driven in part by sales of Grayscale Bitcoin Trust shares, according to SkyBridge Capital founder Anthony Scaramucci. https://www.bloomberg.com/news/articles/2024-01-12/scaramucci-says-grayscale-etf-sales-helped-fuel-bitcoin-decline

GameStop has decided to wind down its NFT marketplace due to the continuing regulatory uncertainty of the crypto space. The platform will no longer be operating as of February 2 this year. https://decrypt.co/212761/gamestop-bails-on-crypto-gaming-killing-nft-marketplace

BlackRock CEO Larry Fink said he “sees value” in a spot Ethereum ETF. https://www.theblock.co/post/272274/blackrock-ceo-larry-fink-sees-value-in-spot-ethereum-etf-following-bitcoin-launch

BlackRock's BTC-ETF trading volume exceeded $1 billion and all spot BTC-ETFs exceeded $4 billion. https://x.com/ericbalchunas/status/1745546235069481360

Spot bitcoin ETFs are live in a first day of trading in the U.S. Bloomberg Intelligence analyst James Seyffart said the ETFs crossed $1.2 billion of volume in the first 30 minutes of trading. The Bitcoin price reached $48,834. BTC is now trading at $47,661. https://www.theblock.co/post/271944/bitcoin-price-rises-as-spot-etfs-start-first-day-of-trading

CoinList has announced the zkLINK Community Sale. The sale begins on January 25, 2024 at 18:00 UTC and has one public option. Price: $0.15 Supply: 31,250,000 ZKL tokens Lockup & Release: 30% unlock on or around March 31, 2024, followed by 9 months of monthly linear vesting Initial Purchase Limits: $100 minimum, $500 maximum (USDT/USDC only) Registrations Deadline: January 22, 2024 at 12:00 UTC https://blog.coinlist.co/announcing-the-zklink-community-sale-on-coinlist/

LONG #OPUSDT from $4.1195 stop loss $4.0875 1h TF. The instrument has formed a cascade of several resistance levels, behind each of which I expect to see the stops of the participants' shorts. The active compression and consolidation of new price lows with local volume spikes indicate the interest of buyers in updating the current highs. I am considering the formation of consolidation and an increase in activity in the glass before the breakdown of each of the levels.

MultiversX has introduced tokenomics and Ta-da token sale details on Xlaunchpad. Public sale Price: $0.022 Raised: $1.1M Private sale Price: $0.0175 Raised: $2.2M Seed Price: $0.0125 Raised: $1.25M Staked EGLD snapshots: January 3 - 19 KYC: January 18 https://xlaunchpad.com/ta-da/project-overview

CoinList has announced the Subsquid Community Sale. The sale begins on January 18, 2024 at 18:00 UTC and has one public option. Price: $0.094 Supply: 53,480,000 SQD Lockup & Release: 20% release at TGE, followed by a 6-month linear vesting; TGE is expected to occur on or around May 15, 2024 Initial Purchase Limits: $50 minimum, $2,000 maximum (USDT/USDC only) Registrations Deadline: January 15, 2024 at 12:00 UTC https://blog.coinlist.co/announcing-the-subsquid-community-sale-on-coinlist/

Manta Network has revealed the Into the Blue Campaign, an airdrop of 50,000,000 MANTA tokens, equivalent to 5% of the total supply. Into the Blue Details The rewards from Into the Blue are divided into two categories: ▫️Airdrop Rewards: 30,000,000 MANTA (3% of total supply) is allocated for airdrop rewards to supporters and users in the Manta ecosystem on both Manta Atlantic and Manta Pacific. ▫️Airdrop Bonus Rewards — The Great Treasure Hunt: 20,000,000 MANTA (2% of total supply) will be allocated as bonus rewards that can be obtained by supporters and users in the Manta ecosystem. ▫️Participants from the United States and other restricted regions are not eligible to participate ▫️The airdrop claim period will last for a total of 180 days. https://mantanetwork.medium.com/into-the-blue-the-official-manta-airdrop-59dc9f938575

Arthur Hayes sold ENS, FXS and LOOKS and bought ETH, GMX and PENDLE. https://x.com/embercn/status/1741043183327551686

Funds' predictions for various assets for 2024 https://x.com/hodl_gap/status/1740660123876638981

LONG #ICPUSDT from $11 stop loss $10.93 1h TF. For this instrument, the price begins to approach a very interesting mark at the price of 11, a confident upward structure continues, trading volumes are present, buyer activity is noted, it is necessary to wait for consolidation to form under the marked maximum, after that, to work out the breakdown of this level. The potential is about 9%.

LONG #BTCUSDT from $43 500 stop loss $43 400 5m TF. The price has moved into a consolidation phase, within which we can already observe the breakdown of the structure into an ascending one in the form of bos and a successful reaction to the buyer's zone of interest poi. I expect continued growth from current levels with the aim of breaking through and consolidating above the downward slope, the potential is 1.7% of net market movement excluding shoulders.

Justin Sun said that Tronlink is exploring the integration of the Solana blockchain. https://x.com/justinsuntron/status/1738079486997135767

Coinbase will delist ATA, DREP, MONA and SYLO on 4 January around 19:00 UTC. https://twitter.com/CoinbaseAssets/status/1737912497758240911

WalletConnect has released a new roadmap divided into phases: Phase 1 (current): Prepare to launch the closed, permissioned WalletConnect Network Phase 2 (Q1 2024): Launch and test the closed, permissioned WalletConnect Network Phase 3 (Q3 2024): Launch and test the open, permissioned WalletConnect Network Phase 4 (2025): Launch the open, permissionless WalletConnect Network https://walletconnect.com/blog/the-next-phase-of-the-walletconnect-protocol

Hottest coins in the last 24 hours: #BAKEUSDT up +61%; 24-hour volume $925М #ACEUSDT up +27%; 24-hour volume $550M #IOTXUSDT up +24%; 24-hour volume $185B #1000RATSUSDT up +24%; 24-hour volume $289M