News & Insights

BTC needs to break $98.2K to regain bullish momentum

BTC needs to break $98.2K to regain bullish momentum

I. Mainstream exchange news

  • Bybit has listed the FUEL/USDT perpetual contract. Meanwhile, Bybit will list the SONIC/USDT spot trading pair on January 7, and the LAVA/USDT spot trading pair on January 9.
  • Bitget has completed the merger and token swap of Bitget Wallet Token (BWB) and Bitget Token (BGB) and has also launched its ZERO-fee auto-invest program, offering a maximum reward of 110,000 USDT.
  • HTX has listed SPORE (Spore) and added SPORE/USDT position-by-position leverage trading on December 31.
  • Binance Labs will rebrand and focus on crypto, artificial intelligence, and biotechnology in 2025.

II. Mainstream projects and trending events

  • Robinhood has allocated $2.5 million worth of Bitcoin to gold members participating in the New Year countdown, with eligible users required to have an active Robinhood Crypto account to receive their rewards within a week after the event.
  • RWA stablecoin protocol Usual has hinted on X that the token fee switch will be activated.
  • The Open Network Foundation, a non-profit organization accelerating the growth of TON Blockchain, has partnered with Jupiter, a Solana decentralized exchange aggregator, to incubate a new liquidity aggregator on TON.
  • Ethereum co-founder Vitalik Buterin has donated 50 ETH to the legal defense fund for Tornado Cash developers Roman Storm and Alexey Pertsev.
  • 3A blockchain game Seraph "Dark Angel" is about to launch TGE.
  • Elon Musk tweeted 'Brothers in Arms' early on January 1, accompanied by an image of a Roman general's pepe with frog-themed elements.
  • Sonic SVM, an SVM-based blockchain on Solana, has released its tokenomics, which details a total supply of 2.4 billion tokens, with 57% allocated to the community.
  • Decentralized AI training platform FLock.io has announced the launch of its mainnet and TGE on Base.
  • Decentralized automated market-making (AMM) platform Balancer has announced the launch of wETH | wstETH Boosted Pool on its v3 platform, combining Lido Finance's liquidity staking technology, Aave's lending market, and Balancer Boosted Pools' technology to provide a one-stop solution for users.
  • Elon Musk has changed his X name and avatar to Kekius Maximus, causing a surge in KEKIUS-related memecoins, but he has since changed back the name.
  • According to Udi, co-founder of Taproot Wizards, the treasury of its Ordinals NFT project Quantum Cats has purchased 2,104,245 AIXBT at a price of about $1.1 million, and gifted NFTs to aixbt.
  • According to Coinglass data, historically, Bitcoin has shown significant performance in the first quarter of the second year following each halving event. Specific data includes a 539.96% increase in Q1 2013, an 11.89% increase in Q1 2017, and a 103.17% increase in Q1 2021.

III. Funding news

  • Binance Labs has invested in Thena, a DEX and liquidity protocol on the BNB chain.

IV. Regulatory news

  • Hong Kong Legislative Council member Wu Jiezhuang has advocated for promoting "Digital Pass" to allow Mainland China investors to buy and sell digital assets recognized by Hong Kong.
  • According to Solid Intel, the US Internal Revenue Service (IRS) has postponed the implementation date of cryptocurrency tax reporting rules to December 31, 2025.
  • Hong Kong Financial Secretary Paul Chan attended the "CCTV Financial and Financial Power—Hong Kong Financial Night" and delivered a speech, saying that Hong Kong will continue to promote blockchain-based cross-border trade digital currency settlement.
  • Swiss Federal Government has begun reviewing a referendum proposal titled "Building a Financially Robust, Sovereign, and Responsible Switzerland (Bitcoin Initiative)" aiming to incorporate Bitcoin into the Swiss national financial system through a constitutional amendment.

V. Popular projects

Market overview

 

Bitcoin has experienced a slight rebound on the daily chart, with a key resistance level at $98,214. Breaking this level could signal the end of the current correction phase.

 

Market dominance for Bitcoin is stable at 57.43%. The TOTAL3 index, tracking altcoin performance, has recovered to $985 billion, suggesting a potential upward trend.

 

The ETH to BTC exchange rate is at 0.03567, with a focus on the possibility of breaking the 0.03638 threshold for further bullish signals.

DWL: Investment DAO on Base

DAOS WORLD is an investment DAO built on the Base platform, currently hosting four different types of hedge funds.

Fund creators independently manage and invest collected ETH. Each DAO issues 1.1 billion tokens upon creation—1 billion for donors and 100 million for the UNIV3 pool as incentives, ensuring token value matches or exceeds the ETH raised.

DWL tokens are mainly used for mining rewards, with staking DAO tokens offering an APY between 79% to 180%.

AIMONICA: AI investment fund 

Aimonica Brands is the world’s first venture capital fund led by artificial intelligence agents, focusing on memes and AI agents. 

It aims to surpass every Web3 venture capitalist in its field.

The AIMONICA token's market cap stands at $71.88 million.

COOKIE: AI information and news platform

Cookie.fun is an AI agent information platform that provides real-time performance data, market share, new projects, and notable mentions of KOLs in the AI sector.

It helps users stay updated on the latest developments in AI projects. Holding COOKIE tokens allows users to unlock additional data features and earn extra income through staking and farming.

The current market cap of the COOKIE token is $76.31 million.

DRUGS: DeSci concept token

Big Pharmai is a medical and pharmaceutical memecoin aimed at disrupting "Big Pharma," the influential and dominant pharmaceutical companies with significant global market shares.

The current market value of Big Pharmai is $55.48 million. 

AION 5100: AI concept meme

AION 5100 is positioned as an AI designed to save humanity. In its era, human population has dwindled to 300 million, and dark AIs dominate the world.

Only the Bittensor network survives and evolves into the backbone of the human digital network. AION 5100 uses Bittensor to travel back in time, aiming to save humans in parallel past worlds.

The current market cap of AION 5100 is $42.41 million.

On-chain daily

1. MIKUMIKU is an AI Agent token on Solana, developed using the ElizaOS framework. It aims to address traditional shopping inefficiencies and enhance customer retention through content creation. Supported by Shaw.

2. PYTHIAPYTHIA is an AI token on Solana, based on the concept of the world’s first AI-connected rat. Microelectrical signals are transmitted to the rat's brain, and its nervous system returns signals to the AI, facilitating deeper research into brain functionality.

3. LEXICONLEXICON is an AI Agent token on Solana, functioning as an assistant for blockchain wallets and DApps. The project is set to release its framework and has been consistently burning tokens recently.

4. StoicStoic is an AI Agent token on Solana inspired by Stoicism, a philosophy focusing on personal happiness and moral ethics. The founding team streams their development process live on X.

5. LAYLAY is an AI Agent token on Base, allowing users to create AI Agents through natural language, combine different AI models, and add functionalities via plugins. The token is also available on Solana, with 30% of the supply airdropped to related AI Agent token holders.

6. GEKKOGEKKO is an AI Agent token on Base, issued by Virtuals Protocol. It simulates Wall Street fund investment managers and leverages the verifiable agent network Axal to focus on trading automation.

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update:

  • The current BTC transaction fee is 2 satoshis/byte.
  • Gas Fee performance remains low.

Fractal Bitcoin Gas Fee Update:

  • Transaction fees are 2 satoshis/byte.
  • Gas Fee performance remains low.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current Price: $27.78
  • 24-Hour Change: +1.72%
  • Market Cap: $583.31 million

DOG:

  • Current Price: $0.0069
  • 24-Hour Change: -18.38%
  • Market Cap: $697.47 million

FB:

  • Current Price: $3.17
  • 24-Hour Change: -3.72%
  • Market Cap: $30 million

Today's Popular Projects:

dapp: A Dapp-concept inscription.

  • Market Cap: $3.78 million
  • 24-Hour Trading Volume: $122.6K
  • 24-Hour Change: +48.05%
  • Number of Holders: 1,013

COWCOIN: A fractal Bitcoin inscription with the concept of "COW."

  • Market Cap: $584.01K
  • 24-Hour Trading Volume: $6.71K
  • 24-Hour Change: +34.93%
  • Number of Holders: 317,640

DOG•GO•TO•THE•MOON (DOG): A leading rune with the concept of "Dog."

  • Market Cap: $674.56 million
  • 24-Hour Trading Volume: $213.38 million
  • 24-Hour Change: +9.41%
  • Number of Holders: 99,927

Performances of today's top three tracks

PayFi: Overall Daily Sector Change: +13.31%

1. XLM: Stellar is an open network for storing and moving money. It enables the creation, transfer, and trading of digital representations of various forms of money, including USD and Bitcoin.

  • Daily Increase: +26.80%
  • Current Price: $0.431
  • Market Cap: $13.05 billion
  • 24-Hour Trading Volume: $2.29 billion
  • Recent Updates: Null

2. XRP: XRP, created by Ripple Labs, is a global cross-border payment network based on a distributed ledger. It claims to securely, instantly, and almost freely enable financial transactions of any size worldwide.

  • Daily Increase: +14.49%
  • Current Price: $2.4066
  • Market Cap: $138.16 billion
  • 24-Hour Trading Volume: $8.28 billion
  • Recent Updates: Ripple announced RLUSD stablecoin exchange and market maker partners - 10.15

3. VELO: Velo is a blockchain-based global settlement network with a compliance-first approach, providing fast, secure, and low-cost cross-border payments for individuals and businesses.

  • Daily Increase: +11.42%
  • Current Price: $0.02839
  • Market Cap: $209.84 million
  • 24-Hour Trading Volume: $64.8 million
  • Recent Updates: Null

AI: Overall Daily Sector Change: +11.22%

1. AI16Z: AI16Z is an AI venture fund that uses AI models to simulate investment decisions by a16z partner Marc Andreessen. Investments are made based on DAO member proposals, with weights determined by token holdings and historical success rates of recommendations.

  • Daily Increase: +35.38%
  • Current Price: $0.01129
  • Market Cap: $2.46 billion
  • 24-Hour Trading Volume: $335.64 million
  • Recent Updates: v0.1 launch imminent; Eliza will autonomously write code - 12.28

2. OPUS: Opus is a cross-margin lending protocol with autonomous monetary policy and dynamic risk parameters, powered by Starknet.

  • Daily Increase: +34.32%
  • Current Price: $0.000106
  • Market Cap: $21.02 million
  • 24-Hour Trading Volume: $3.26 million
  • Recent Updates: Null

3. SEND: SEND is a community token used to incentivize interaction and growth of BLINKS on Solana.

  • Daily Increase: +23.27%
  • Current Price: $0.09012
  • Market Cap: $90.12 million
  • 24-Hour Trading Volume: $9.57 million
  • Recent Updates: Null

DePIN: Overall Daily Sector Change: +5.61%

1. IOTA: IOTA is an open, low-fee, scalable distributed ledger designed for the Internet of Things (IoT), aiming to support frictionless data and value transfers. It is intended to be the transaction settlement and data transfer layer for IoT.

  • Daily Increase: +21.05%
  • Current Price: $0.3479
  • Market Cap: $1.24 billion
  • 24-Hour Trading Volume: $158.39 million
  • Recent Updates: Null

2. NOS: Nosana CI is a cost-effective GPU grid designed and customized for AI inference workloads.

  • Daily Increase: +13.45%
  • Current Price: $2.615
  • Market Cap: $218.09 million
  • 24-Hour Trading Volume: $2.57 million
  • Recent Updates: Null

3. GRASS: Grass, the flagship product of Wynd Network, allows users to monetize unused network resources through internet connectivity.

  • Daily Increase: +11.55%
  • Current Price: $2.8091
  • Market Cap: $685.15 million
  • 24-Hour Trading Volume: $104.13 million
  • Recent Updates: Grass airdrop claim is now open - 12.28

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

Please note that this article includes references to third-party websites and data provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.

Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

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