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- Where Does Crypto Go From Here?
Where Does Crypto Go From Here?
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:
New Pod on crypto’s next move 🎙️
My 2024 crypto token update and where I stand now 💎
Solana ETF coming soon? 🔥
GLOBAL MARKET CAP $3.30T ▲ 10.96% (7d) | 24H MARKET VOLUME $240.34B ▲ 5.25% (24h) |
BITCOIN’S DOMINANCE 59.27% | FEAR & GREED INDEX 88 Extreme Greed |
Bitcoin $98,358.98 ▲ 9.46% (7d) | Ethereum $3,334.36 ▲ 7.23% (7d) |
NEWS📰
💧 Sui Network Back Online After 2-Hour Outage
The Sui blockchain experienced its first major outage on Nov. 21, halting block production for over two hours due to a transaction scheduling bug. The network has resumed operations, but the downtime caused a drop in SUI’s price.
🟠 MicroStrategy Bets Big on Bitcoin Again
MicroStrategy increased its convertible note offering to $2.6 billion, up from $1.75 billion, to fund more Bitcoin purchases. The firm, already holding 331,200 BTC, aims to expand its position as it continues with its aggressive BTC acquisition strategy.
🔥Trump Considers Creating First White House Crypto Role
President-elect Trump is considering adding the first-ever crypto-focused role to the White House to work with regulators, highlighting his support for the crypto industry.
📜 Bitwise Files for Solana ETF in Delaware
Bitwise registered a trust in Delaware for a spot Solana ETF, joining VanEck and Canary Capital in the race for SEC approval. If approved, the ETF would track Solana’s price, adding to Bitwise’s Bitcoin and Ethereum ETFs on the NYSE Arca.
😲 Kid Rugs Solana Meme Coin for $30K
A teenage meme coin creator rug-pulled his token, $QUANT, after it hit a $1 million market cap, flipping off viewers as he pocketed $30,000. In a twist, Crypto Twitter pumped the coin out of revenge, driving its market cap to $85 million.
📱 Phantom Ranks #2 in Apple’s US App Store Utilities Category
Phantom, a popular solana wallet, hit the second spot in the U.S. Apple App Store's utilities section, surpassing apps like Google Chrome and Microsoft Edge, highlighting growing retail interest in crypto.
🔮Monad Unveils its Testnet
Ethereum-compatible Layer 1 Monad has launched its testnet, boasting speeds of up to 10,000 transactions per second. Monad uses a new pipelined architecture for efficient processing, enabling fast block finality and easy compatibility with Ethereum apps.
👨⚖️ FTX Co-Founder Gary Wang Avoids Prison
FTX co-founder Gary Wang avoided prison after cooperating extensively with prosecutors in the case against Sam Bankman-Fried, who is serving 25 years. Wang, the first to assist after FTX’s collapse, provided key evidence and apologized for his role.
🍔 McDonald’s Teams Up with Doodles
McDonald’s has partnered with Doodles, to launch limited-edition McCafé holiday cups featuring Doodles-inspired artwork. The campaign, GM Spread Joy, includes digital wearables, animated content, and social media challenges.
Where Is Crypto Headed Next?
In this episode, I break down the current crypto market setup, where I think it’s headed, the macro outlook, crypto under Trump, and the 4-year cycle.
My 2024 Crypto Token Review
In this week’s video, I review every crypto token I mentioned in 2024—whether I still hold it, how it’s performed, and if it’s a high or low conviction play for the 2025 bull run.
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
On January 20, 2025 I will be stepping down as @SECGov Chair.
A thread 🧵⬇️
— Gary Gensler (@GaryGensler)
6:00 PM • Nov 21, 2024
JUST IN: Spot #Bitcoin ETFs surpass $100 billion in assets.
— Watcher.Guru (@WatcherGuru)
1:11 PM • Nov 21, 2024
A whale that accumulated 398,889 $ETH(currently worth $1.34B) at an average price of ~$6 is selling $ETH again!
This whale accumulated 398,889 $ETH(then worth $2.4M) between Jan 18 and Mar 10, 2016, at an average cost of ~$6 per $ETH.
After remaining dormant for over 8 years,… x.com/i/web/status/1…
— Lookonchain (@lookonchain)
6:53 AM • Nov 22, 2024
BREAKING: TOTAL CRYPTO MARKET CAP HITS NEW ATH
— DEGEN NEWS (@DegenerateNews)
2:32 PM • Nov 21, 2024
*FTX TO BEGIN DISTRIBUTIONS NO LATER THAN MARCH 2025
Source: DB
— db (@tier10k)
5:01 PM • Nov 21, 2024
🇺🇸 JUST IN: VanEck and 21Shares file with CBOE for #Solana ETFs.
— Cointelegraph (@Cointelegraph)
9:50 PM • Nov 21, 2024
Is @0xPolygon NFT szn back?
Daily sales pulled off a 812% increase in one day.
Not saying your chain's slacking, but it should definitely start worrying
— Polygon Stats (@polygonstats)
5:32 PM • Nov 21, 2024
MEME OF THE WEEK
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