In the last show of 2024, Benjmain, Amit, Ben Lilly, and Marconi Wight theorize what 2025 will bring after a historic year for Bitcoin and the entire industry.
Hint, hint: we think the best is yet to come. But first, what happened in the last two weeks?
Despite Bitcoin ETF outflows reaching almost a billion dollars in the last two weeks of 2024, Bitcoin is poised to outperform in 2025 based on historical trends, favorable market conditions, and potential government support.
Ethereum struggled in 2024 with low trading volume and unpredictable price movements. However, it might be best positioned for AI agent adoption due to its established infrastructure and active developer community, which is better suited for building and deploying sophisticated AI applications.
Solana, while showing signs of resilience despite declining activity on the Pump.fun platform, faces potential headwinds from the Grayscale Solana Trust. Unlocks from this trust could lead to substantial selling pressure, impacting price performance.
AI16Z has run lava hot for weeks but is a dangerous token to buy at this point. Ordinals (ORD), on the other hand, looks like a better trading opportunity because of a clear invalidation point and potential for growth.
Ethereum is attracting institutional investors, suggesting anticipation for growth fueled by staking yields and a clearer regulatory environment.
On-chain data analysis shows a substantial amount of ETH locked in illiquid forms like staking and lending, though this has recently declined. This dip is attributed to large stakeholders unstaking their ETH, potentially for end-of-year tax selling, rather than a loss of confidence in Ethereum. It is expected that this trend will reverse in January, bolstering Ethereum's fundamentals. The recent rise in Ethereum fees is also viewed as a potential bullish indicator.
Bitcoin flows have reversed significantly since the previous episode, with outflows exceeding inflows. This is attributed to institutional investors taking profits and reallocating capital before the new year. The Coinbase premium, which currently favors Binance, is seen as reflecting this selling pressure.
Despite these outflows, Bitcoin remains a bullish prospect for 2025 due to factors like increasing ETF adoption, a potentially favorable regulatory landscape under the new administration, and the cyclical nature of the cryptocurrency market. Similar to Ethereum, Bitcoin fees are showing signs of recovery, potentially indicating positive price action soon.
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Disclosure Statement This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments.
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