- Never Die: A Crypto Newsletter
- Posts
- How to Ride the Altseason Rollercoaster
How to Ride the Altseason Rollercoaster
GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.
This week we have:
🎙️Hot Off the Mic: New pod on prepping for an Altseason
🎥 Latest Episode: Are we heading into a 2025 bull run?
📰News: Pump.fun shutdown livestreams
🤖Narrative of the week: AI Agent Conversations Take Over X
GLOBAL MARKET CAP $3.38T ▲ 2.10% (7d) | 24H MARKET VOLUME $148.22B ▼ 24.82% (24h) |
BITCOIN’S DOMINANCE 57.00% | FEAR & GREED INDEX 84 Extreme Greed |
Bitcoin $96,888.75 ▼ 1.84% (7d) | Ethereum $3,588.41 ▲ 7.25% (7d) |
NEWS📰
📈 Ethereum L2s Hit $51B TVL After 205% Annual Growth
Ethereum Layer 2 (L2) networks have hit a record $51.5 billion in total value locked, up over 205% since November 2023, showcasing growing interest in Ethereum-based assets.
⚖️ Appeals Court Reverses Tornado Cash Sanctions
In a major win for crypto, a federal panel ruled that the US Treasury unlawfully sanctioned Tornado Cash in 2022, stating its smart contracts cannot be considered property. This decision could impact ongoing legal cases against Tornado Cash founders charged with money laundering.
🐕 Valour Unveils First-Ever DOGE ETP
Valour has launched the first Dogecoin ETP on Sweden’s Spotlight Stock Market, giving investors access to the popular memecoin. Driven by post-election crypto enthusiasm, the product marks another step in mainstreaming memecoins.
🛑 Pump.fun Suspends Live Streaming
Pump.fun has paused live streaming after reports of harmful content, including threats and criminal behavior. The platform plans to improve moderation, fueling debate on content control versus decentralization.
📊 Bitwise Files for 10 Crypto Index Fund ETF with SEC
Bitwise has filed for an ETF based on its 10 Crypto Index Fund, giving investors a way to tap into top cryptocurrencies like Bitcoin, Ethereum, and Solana. With $1.4 billion already under management, the fund could soon trade on NYSE Arca, pending SEC approval.
Preparing for the Incoming Altseason
In this episode, I dive into the crypto markets, what’s happening now, and what’s next. I cover how to prepare for a potential altseason, what to expect in January, why ETH might lead the market, and more.
Are Signs Pointing to a 2025 Bull Run?
In this week's video, I share my thoughts on if a 2025 crypto bull run is coming. I break down the data, Trump’s impact on crypto, global liquidity, rate cuts, and more.
NARRATIVE OF THE WEEK
AI Agents Dominate the Spotlight: What Happened This Week?
AI agents are becoming the talk of the town, driving innovation and sparking conversations. Key updates include:
- Arbitrum’s $1M Grant Program: Boosting AI development on its ecosystem with their Trailblazer initiative.
- Base AI Agents on the Rise: The Virtual ecosystem alone has surged past a $1 billion market cap.
- Big Moves by Fresya: Fresya an AI agent sent $50,000 to a lucky recipient.
From market insights to entertainment, AI agents are reshaping interactions, with many linked to crypto tokens, stealing the spotlight this week.
AIRDROPS 🪂
To Claim:
To Farm:
Fluid: Lend/Borrow Funds
Gearbox: Earn/Borrow/Farm
Symbiotic: Restaking your ETH
Dolomite: Defi Looping
Contango: Defi Looping
SOME TWEETS
MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. As of 11/24/2024, we hodl 386,700 $BTC acquired for ~$21.9 billion at ~$56,761 per bitcoin. $MSTR
— Michael Saylor⚡️ (@saylor)
1:04 PM • Nov 25, 2024
JUST IN: Tron $TRX founder @justinsuntron has invested $30 million in Donald Trump's DeFi project @worldlibertyfi
— BlockNews (@blocknewsdotcom)
7:55 PM • Nov 25, 2024
JUST IN: 🇲🇦
Morocco to legalise #Bitcoin and crypto, says central bank chief - Reuters
— Radar🚨 (@RadarHits)
12:21 PM • Nov 26, 2024
🔥 BULLISH: $13.6B in #Bitcoin options expiring Friday could fuel a $BTC rally to $100K and beyond.
— Cointelegraph (@Cointelegraph)
2:05 PM • Nov 28, 2024
November recorded the highest stablecoin net outflows from exchanges since April.
This, paired with strong price performance, suggests traders are locking in profits. These funds will likely be redeployed into altcoins or held in reserve for future dips.
— IntoTheBlock (@intotheblock)
9:51 AM • Nov 27, 2024
MEME OF THE WEEK
TEMPERATURE CHECK📒
How Would You Rate This Week’s Email |