Trends in Crypto: High Performers, Price Retreats, and ICO Developments

Dear Readers,

On Tuesday, leading cryptocurrencies came to be recovering from recent slump with Bitcoin (BTC) seeing a rise of 2.28% in the last 24 hours, bringing its price to $101,670. Other major altcoins including Ethereum (ETH), Solana (SOL), Tether (USDT) and XRP are also following the suit with under 2% rise during the last 24 hours. Consequently, the total market capitalization of cryptocurrencies jumped 1.39%, standing at $3.58 trillion.

Highlights Of The Week

• Spot Bitcoin ETFs in the U.S. accumulated 51,500 BTC in December, nearly three times the 14,000 BTC produced by miners during the month.

• Canadian Prime Minister Justin Trudeau’s resignation plans have shifted attention to opposition leader Pierre Poilievre, known for his pro-crypto stance and promise to make Canada a "crypto capital. 

• CleanSpark, a Nasdaq-listed Bitcoin mining company, increased its BTC holdings in December 2024, citing efficiency improvements and accelerated hashrate growth.

• GSR Markets UK secured dual regulatory approvals in the UK and Singapore, enabling expanded institutional crypto trading services.

• MicroStrategy announced a fresh purchase of 1,070 BTC for $101 million in cash on Dec. 30–31, 2024, solidifying its position as the largest corporate Bitcoin holder.

• Europe's MiCA regulations are expected to impact retail investors most significantly, with stricter data collection and potential crypto taxation laws under consideration.

Top Weekly Gainers

The cryptocurrency market is known for its rapid pace and significant volatility, demanding that traders develop sharp analytical skills to stay ahead. By carefully analyzing market trends and price fluctuations, they can identify opportunities and refine their strategies to maximize returns. This dynamic environment is marked by constant and often dramatic price movements across a variety of tokens.

The crypto market last week continues to showcase dynamic growth, with several assets making significant strides. Sigma (SIGMA), currently priced at $0.07574, has surged by 83.86% with a trading volume of $6.69M. Built on blockchain and driven by a like-minded community, Sigma embodies the spirit of collective progress.

Hege (HEGE), priced at $0.03329 with a 59.14% gain and $2.02M volume, adds a playful narrative to the crypto space as it aims to achieve meme success.

Nosana (NOS), at $3.55 after a 47.08% increase and $2.45 in volume, offers a decentralized cloud computing marketplace for AI inference, making GPU hardware more accessible.

Wrapped XDC (WXDC), formerly XinFin Network, is priced at $0.09792 with a 40.01% rise and $5.05M in trading volume. It bridges public and private blockchain platforms, blending transparency with enhanced security and speed.

Finally, BENQI Liquid Staked AVAX (SAVAX) stands out at $51.82, up 21.66% with $8.37M volume. As Avalanche’s first liquid staking protocol, BENQI enables users to stake AVAX and receive interest-bearing sAVAX tokens, enhancing liquidity and rewards for investors.

Top Weekly Losers

The cryptocurrency market is highly dynamic and unpredictable, with frequent shifts between surges and downturns. The "Top Weekly Losers" list showcases how asset values can be heavily influenced by factors like regulatory developments, market volatility, and media narratives. Although this week’s decline might seem disheartening, it also offers traders and investors a chance to reevaluate their approaches and work toward better results in the future.

Commune AI (COMAI), a protocol designed to integrate developer tools into a unified network, is priced at $0.1681 with a dip of -51.05% and a trading volume of $1.16M.

Similarly, FLock.io (FLOCK), the first decentralized AI training platform leveraging Federated Learning and blockchain, stands at $0.4659, marking a -39.98% decline with a substantial volume of $92.22M.

On the festive front, Rizzmas (RIZZMAS), a Christmas-themed token focused on community engagement, is trading at $0.051973, reflecting a -35.72% drop and a volume of $1.67M.

Meanwhile, Eliza (elizawakesup) (ELIZA), inspired by a real-life name, has seen a decrease of -28.36%, currently priced at $0.1069 with a volume of $18.61M.

Finally, Phala Network (PHA), the Web3 AI Execution Layer aimed at bridging AI and blockchain for broader Web3 adoption, is trading at $0.3455 after a -21.09% change, with a trading volume of $84.05M.

Hot ICOs To Watch

Active ICOs

PinEye (PINEYE)

Currently hosting a Strategic High Offer (SHO) on DAO Maker, the sale began on January 3, 2025, and will conclude on January 8, 2025. With a fundraising goal of $500,000, PinEye introduces a Telegram-based gaming platform in its early phase. Users can earn coins by tapping and completing tasks, creating a dynamic community through airdrops and interactive in-game activities.

Enclave

This project launched its presale on January 2, 2025, running until January 8, 2025, with a target of raising $1 million. Enclave offers an open-source protocol for Encrypted Execution Environments (E3), empowering secure and confidential computations while safeguarding sensitive data.

Sonic (SONIC)

Set to host a short but impactful sale from January 6 to January 7, 2025, Sonic has already raised an impressive $12 million across four funding rounds. As an atomic chain SVM, Sonic facilitates the creation of sovereign game economies within Solana’s ecosystem, enabling a unified and dynamic gaming economy.

 Upcoming ICOs

ChronosWorlds (CWS)

The IDO on StarLaunch for ChronosWorlds will begin on January 10, 2025, and conclude on January 11, 2025. With a fundraising goal of $50K, Chronos: Dawn of Time is a 2D action RPG set in a post-apocalyptic world. Players will fight fierce enemies and build their empires while exploring the dawn of time.

GPT Wars (GPTW)

The IDO on Spores for GPT Wars will run from January 17, 2025, to January 19, 2025. The project aims to raise $100K. GPT Wars is a first-person shooter survival game on SEI, set in a dystopian future where players must navigate through intense combat scenarios.

Hive Intelligence (HINT)

The TGE and Distribution Sale for Hive Intelligence is now live, starting on January 7, 2025. The project has already raised $2.64 million in a single round of fundraising. Hive Intelligence enhances AI agents with real-time, accurate crypto search results tailored for Large Language Models (LLMs) and Retrieval-Augmented Generation (RAG) applications.

Ended ICOs

BIO Protocol (BIO)

The BIO Protocol completed its fundraising efforts on January 3, 2025, raising an impressive $29.9 million across three rounds. As a curation and liquidity protocol for decentralized science, BIO's mission is to accelerate advancements in biotech by empowering global communities of patients, scientists, and biotech professionals. The platform enables these stakeholders to co-fund, build, and own tokenized biotech projects and intellectual property, fostering innovation in the field.

Swell Network (SWELL)

Swell Network concluded its fundraising on December 25, 2024, securing $3.75 million through four funding rounds. As a pioneer in liquid restaking solutions for decentralized finance (DeFi), Swell Network continues to expand the boundaries of DeFi applications by providing innovative tools that optimize staking liquidity and network security.

Beam (BEAM)

Beam, a sovereign gaming network developed by the Merit Circle DAO, successfully raised $250,000 in its latest funding round, which ended on December 20, 2024. Focused on revolutionizing blockchain gaming, Beam aims to create a dedicated ecosystem that bridges decentralized technology with immersive gaming experiences, pushing the boundaries of what’s possible in this rapidly evolving space.

Hottest Airdrops

NebulaStride

• Visit the NebulaStride Airdrop Page.

• Connect the wallet.

• Complete social tasks by following NebulaStride’s social media channels.

• Engage with their community platforms.

• Verify your social media interactions on the airdrop page.

• Mint an NFT Pass by following the minting instructions on the platform.

• Claim daily lootboxes, opening two free lootboxes for NST rewards daily.

• Access three additional cases for BNB rewards.

• Check contents immediately after opening.

Swamp Dynasty

• Visit the official Swamp Dynasty website

• Sign up and create an account

• Sign up before January 9 to qualify for the mint key

• Check your registered email for confirmation and further instructions

• Monitor official announcements for sweepstakes results and minting details

Best Regards,
Crypto Recorder Team

P.S Got a question, suggestion or general feedback? Feel free to reply to this email. I'll get back to you asap!