Is It Possible to Turn $100 into $100,000 in a Year Through Crypto Investments? 🤭
Straight to the point, let’s look at the calculation below first.
The calculation for turning $100 into $100,000 in a year through cryptocurrency investments involves estimating the potential percentage gain required. Here’s the formula:
Percentage Gain = ((Final Value - Initial Value) / Initial Value) * 100%
In this case:
• Initial Value (IV) = $100 • Final Value (FV) = $100,000
Now, plug these values into the formula:
Percentage Gain = (($100,000 - $100) / $100) * 100% Percentage Gain = ($99,900 / $100) * 100% Percentage Gain = 99900%
So, you would need a whopping 99,900% return on your initial $100 investment to reach $100,000 in one year.
Blackrock, Grayscale, Fidelity: Dominating 85% of U.S. Bitcoin ETF Reserves 🔥
In less than a year since the launch of U.S. spot Bitcoin #ETFs , these funds have collectively amassed over 1.13 million BTC. Blackrock, Grayscale, and Fidelity lead the pack, controlling more than 85% of the total holdings. #BlackRock ’s IBIT dominates with 553,055 BTC, followed by Grayscale’s GBTC with 207,100 BTC, and Fidelity’s FBTC with 203,194 BTC.
The trio’s dominance underscores a consolidation trend in the ETF space and reflects the growing institutional adoption of Bitcoin. Smaller players like Ark Invest and Bitwise contribute significantly but trail far behind the leaders. This historic milestone signals a major shift in cryptocurrency investment, highlighting the influence of traditional financial powerhouses on the evolving Bitcoin ETF market.
NFT and AI Agents Sectors Lead the Rally as Crypto Market Rebounds 🚀
The crypto market has risen across the board for two consecutive days, with the NFT and AI Agents sectors standing out, gaining 15.51% and 9.95%, respectively.
In the NFT sector, Pudgy Penguins ($PENGU ) surged by 32.35%, Moca Coin (MOCA) by 32.97%, and Magic Eden ($ME ) by 14.62%. In the AI Agents sector, Fartcoin (FARTCOIN) skyrocketed by 60.33%, ai16z (AI16Z) rose 32.7%, while tokens related to Vituals Protocol (VIRTUAL) showed mixed results—VaderAI by Virtuals (VADER) gained 27.48%, but VIRTUAL, LUNA, and GAME saw pullbacks of -3.67%, -3.12%, and -19.78%, respectively.
Other sectors also performed well, with the #SocialFi sector up by 7.47%, driven by UXLINK (UXLINK) soaring 86.47%. Meanwhile, the Meme sector gained 6.96%, and Layer 2, DePIN, Layer 1, and DeFi sectors all saw increases of over 4.65%.
Bitcoin Drops Amid Mt. Gox Moves and ETF Outflows 📉
The anticipated Santa Rally fizzled as Mt. Gox moved $49.3 million in BTC, triggering a 14% drop to 92.5k before recovering to 95k. Market sentiment softened with liquidity drying up and spot ETFs facing three consecutive days of outflows. #MicroStrategy ’s latest $561 million BTC purchase was its smallest in recent weeks, raising questions about its buying appetite. Despite the slide, volatility remains subdued ahead of Friday’s Mega Expiry, with vol flies elevated. Bitcoin’s 24/7 nature makes it a potential outlet for market responses to extraordinary events, but caution is advised for potential gap moves.
Crypto Mining and AI Growth Threaten North American Energy Grid Stability 😱
Cryptocurrency mining and AI data centers are driving electricity demand in North America to unprecedented levels, raising concerns about grid reliability and stability. A report by the North American Electric Reliability Corporation (#NERC ) highlights challenges such as fluctuating energy loads, increased risk of shortfalls, and the impact on renewable energy integration.
Regions like #Texas face the greatest strain due to concentrated crypto and AI operations. Strategies like better forecasting, advanced transmission planning, and the use of renewable energy are proposed to mitigate these challenges.
$20B Options Expiry: Will BTC Break 100K or Alts Steal the Show? 👀
As markets remain subdued heading into the holidays, a massive options expiry this Friday—worth nearly $20B across BTC and ETH—has captured attention.
This expiry constitutes almost half of #Deribit ’s open interest. While a post-expiry volatility selloff is possible if BTC spot prices remain range-bound, a decisive break above $100K could sustain volatility. Additionally, BTC’s struggle below $100K might pave the way for #altcoins to gain traction, particularly if BTC dominance drops below 58%. ETHBTC’s recent bounce off 0.032 support adds to this rotation narrative.
Ohio’s new Senator Bernie Moreno, a big crypto supporter with a blockchain business background, just landed a seat on the powerful Senate Banking Committee. Backed by $40M from #crypto PACs, he ousted crypto critic Sherrod Brown, who had been blocking key crypto bills.
Moreno’s win is a big deal for the industry, but there’s a twist: if Democrats take back the Senate, Elizabeth Warren—one of crypto’s biggest enemies—could take charge of the committee.
GraniteShares Bets Big on Crypto: New Leveraged ETFs Target Riot, Marathon, MicroStrategy & More 👏🏻
GraniteShares, a prominent asset manager with over $10 billion in assets, has filed for new leveraged crypto-linked ETFs targeting companies like #Riot Platforms, Marathon Digital, #MicroStrategy and Robinhood. These ETFs will include 2x long and 2x short funds, offering twice the daily returns (or losses) of the underlying stocks. The demand for leveraged ETFs has surged due to high returns in bullish markets, but they carry significant risks in downturns.
GraniteShares’ move aligns with broader trends in cryptocurrency-focused ETFs, including covered call options introduced by YieldMax to generate monthly income for investors.
Is APTOS Falling Too Far Behind SUI in the MOVE Ecosystem? 🤔
While #APTOS demonstrates solid on-chain growth, its price performance has lagged behind SUI, the leading MOVE blockchain. The APT/SUI ratio has dropped to 2.76, reflecting underperformance since November 2023.
To recover, APTOS must strengthen market-making strategies, reclaim the 5.0 ratio level, and introduce targeted incentives like token burns and buybacks to attract users and manage inflation. Despite a concerning #VWAP analysis showing the ratio below -1 standard deviation, APTOS’s technical capabilities in MOVE are argued to rival SUI’s, highlighting a misalignment between perception and potential.
In VanEck’s mid-December Bitcoin ChainCheck, Bitcoin’s remarkable rally past $100K and its broader implications are discussed. Key highlights include Bitcoin’s potential to reach $180K by 2025, significant adoption milestones like #MicroStrategy ’s Nasdaq-100 inclusion, and the U.S. considering a national Bitcoin reserve under the incoming administration. The analysis further explores an “altcoin season,” marked by Bitcoin’s declining market dominance.
#VanEck also explores a hypothetical scenario where the U.S. Treasury accumulates 1 million Bitcoin over five years at a starting price of $200K. If Bitcoin compounds at 25% annually, its value could rise to $42M per coin by 2050, making the reserve worth 36% of U.S. #debt . Even with a 15% growth rate, the reserve would hold significant value, underscoring Bitcoin’s potential as a global financial asset.
Aptos 2.0: Scaling Innovation and Pioneering the Future of Open Finance 💪🏻
Three years after leaving Meta, ex-Libra/Diem founders have transformed their vision into Aptos, the first supercomputing blockchain. Leveraging groundbreaking technologies like Move, keyless integration, and storage sharding, Aptos boasts the fastest-growing Move community and ranks as the second-fastest-growing #web3 ecosystem globally.
Avery Ching, now CEO of #Aptos Labs, aims to accelerate developer support, expand regional adoption in Asia, and drive web3 innovation. With upcoming advancements like Block-STM v2 and Move 2, and a massive infrastructure initiative planned for 2025, Aptos is poised to redefine the future of open finance and on-chain economic activities.
Ethereum Spot ETFs: Major Outflows from Grayscale, Inflows for Fidelity and VanEck 🏦
On December 19, Ethereum spot ETFs recorded a total net outflow of $60.47 million, primarily driven by #Grayscale ’s Ethereum Trust ETF (ETHE) with $58.13 million in outflows. Fidelity’s ETF (FETH) and #VanEck ’s ETF (ETHV) led inflows, adding $5.05 million and $4.94 million, respectively.
Currently, Ethereum spot ETFs hold $11.977 billion in total net assets, accounting for 2.94% of Ethereum’s market cap, with cumulative historical net inflows of $2.403 billion.
The hawkish #FOMC triggered a widespread selloff in risk assets, with the Nasdaq dropping 3.56%, the S&P 500 falling 2.95%, and Bitcoin declining 6.13%. Although the Fed’s 25bps rate cut was anticipated, panic stemmed from a downward revision in the dot plot, projecting two rate cuts in 2025 versus the market’s expectation of three.
Bitcoin hit a low of 98,800 during the Asian session, with altcoins losing over 10%, resulting in US$258.6 million in liquidated longs. The selloff highlights the market’s vulnerability following an extended bullish run since the election.
Speaker Johnson Criticizes Democrats for Shutdown Risk Over Bipartisan Agreements 🚨
Speaker Johnson accuses Democrats of risking a government #shutdown by opposing previously agreed-upon bipartisan measures, including aid for farmers and disaster relief. He highlights the extension of the debt ceiling to 2027 as the sole change and questions their inconsistency on the issue.
US Government Efficiency Leader’s Twitter Hacked, USUAL Partnership Statement Declared False 🚨
The X account of Vivek Ramaswamy, a leader of the US Government Efficiency Department, was hacked, posting a false statement about a strategic partnership with $USUAL . It has been confirmed that the news is untrue.
Fed Policy Shakes Crypto Markets: A Temporary Hiccup in the Bullish Trend? 👀
Let’s take a look:
1. The Federal Reserve cut interest rates by 25 basis points and adjusted 2024 rate cut projections from 4 to 2. 2. Risk assets reacted sharply, with Bitcoin falling from ~$106k to below $99k before partial recovery. 3. $600M in leveraged long positions were liquidated, amplifying the sell-off. 4. Despite this, bullish crypto trends remain intact due to: • Pro-crypto U.S. policies • Growing institutional and ETF adoption • Strategic Bitcoin accumulation by governments and corporations • Advancements in programmable blockchain technology. 5. Technical indicators, like Bitcoin’s EMA trend, still support upward momentum.
So, today’s market move appears to be a short-term event rather than a trend reversal, reaffirming the multi-year crypto bull market.
The Fed’s Final 2024 Meeting Signals a Rate Cut but Warns of Caution Ahead 😬
The Federal Reserve is expected to #cut rates by 25bps in its final 2024 meeting, with a slightly hawkish tone anticipated in the statement and dot plot. Inflation remains above the 2% target, supported by a strong labor market, and the Fed is likely to signal three rate cuts for 2025 without committing to an accelerated easing path.
Market liquidity is thinning, raising the risk of volatile price moves and potential liquidations. BTC’s technical indicators also suggest caution, showing #bearish patterns. Despite potential short-term drops, crypto investors are encouraged to hold steady, as 2025 may bring #bullish momentum, particularly with Trump in office.
Big Time Studios Fuels Web3 Gaming Evolution with $150M Open Loot Fund 🚀
Big Time Studios has launched a $150 million Open Loot Fund to drive the development of Web3 games on its Open Loot platform. The platform enables game studios to mint and distribute blockchain assets, providing tools to enhance gameplay with unique digital collectibles and currencies. With over 1.5 million registered players and $443.3 million in transaction volume, Open Loot is positioned as a hub for next-gen blockchain gaming.
The fund offers financial support, strategic guidance, and development resources to ensure studios focus on creating engaging gameplay while seamlessly integrating blockchain technology. This aligns with the industry’s shift from prioritizing #NFTs and crypto economies to crafting immersive, player-first experiences.
The Open Loot Fund will support both established and new studios, aiming to shape the future of #Web3 gaming by fostering innovation and player satisfaction.
Bitcoin’s spot price continues its bullish trajectory, leaving little room for bearish sentiment. However, the options market’s skew toward puts signals cautious hedging amidst the rally. #VanEck predicts Bitcoin could hit $180k by Q1 2025, driven by positive market sentiment.
Adding to the momentum, #FASB ’s adoption of fair value accounting for Bitcoin enables corporations to report gains directly in net income, enhancing the appeal of holding BTC in treasuries. This regulatory shift could trigger a feedback loop, amplifying institutional demand and fueling Bitcoin’s upward momentum.
Ethereum’s price regains $4,000, supported by strong demand as 7.2 million ETH were purchased just below this level, solidifying it as a key #support zone.