Avenger Call – 04 Feb 25
08:06: MicroStrategy breaks 12-week streak of Bitcoin purchases ahead of earnings report.
09:51: $8-10 billion crypto market liquidation occurred after Trump’s tariff announcements.
14:35: President Trump signs executive order to create sovereign wealth fund potentially including Bitcoin.
15:23: FTX first credit payments of $16 billion to commence, with payouts for creditors over $50,000.
16:58: Coinbase secures FCA approval to offer crypto services to retail and institutional investors in UK.
21:15: Bitcoin price recently near $101,000 with market showing negative reaction to recent announcement.
28:29: 90-110K range indicates market strength while waiting for potential interest rate reduction.
34:45: Crypto token ecosystem shows growth with 36.4 million tokens projected by 2025, but market not uniformly optimistic.
36:01: Alt season expected to be different from 2021, with less widespread token pumps.
40:00: Market wealth highly concentrated: Top 10 crypto tokens control 85%, top 1,000 projects command 96.3% of market.
45:31: Alt season typically starts 35 weeks after halvening, currently at week 40.
50:17: Alt season expected, but likely not as dramatic as previous cycles with more modest 10X gains.
51:18: AI narratives potentially strong for upcoming market cycle.
56:26: Crypto market needs additional $6.5 trillion in liquidity to reach $10 trillion market cap.
01:02:08: Every major UK bank has mixed experiences with crypto transactions.
01:03:50: Getting money in and out of crypto remains challenging for investors.
01:04:54: US president’s son involved in cryptocurrency promotions raises potential insider trading questions.
01:07:27: Crypto trader loses $21 million on Trump token investment.
01:11:01: Bittensor currently in a downtrend with weak market sentiment.
01:14:30: Expecting Bitcoin dominance to rise while altcoin market continues to decline.
01:19:26: Current portfolio includes USDT, Near, SPX, and some Bitcoin.
01:23:22: Market needs stimulation to move upward, potentially driven by external factors or news.
01:24:08: Altcoins experiencing sideways range similar to Bitcoin, with varying weekly performance.