🐺Bitcoin's Best Performing Year Yet...

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2025 is HERE… Are you Ready?

If the recent Altcoins dumps have gotten you worried, here are 5 reasons why you shouldn't be worried about crypto as a sector heading into 2025.

2024 has been a heck of a year for Bitcoin, not just in technological advances, but also in legislature passed and roadblocks hit.

Let’s dive into 2024 and the major lessons we learned before 2025 gets going…

In the first month of the year, Bitcoin did the impossible and got approved (finally) for an ETF. I bet against it on Polymarket as I thought the market was simply euphoric and it couldn't possibly happen this year. 

Furthermore, with the sentiment on the rise, a 2024 Bitcoin halving loading, and mining companies doubling down on their bets (Marathon Digital, Riot, and Cleanspark), an Ethereum ETF went from a 5% approval rate on polymarket to a last-second shoo-in, and got passed! 

All of this was set up for a new Bitcoin ATH before the halving. Never before has this happened in history, and it effectively shook up the snow globes of the 4-year cycle maxi’s (historically, all crypto markets are decently predictable from a macro side using the 4-year cycle theory). 

I went to an event in College Station TX, where Bitcoin mining companies made their stand in an emerging tech and venture capital conference. Jean-clad young adults, maybe 5 years out of college, smugly announced that on Friday (April 20th, 2024) their revenue streams would be slashed in half. Furthermore, they went on to confidently state that they wouldn’t be sitting on the stage or in the Mining business if they were not confident that Bitcoin as an asset would hit 1 million US dollars. 

This comment came much to the chagrin of the generally older audience that came for the venture capital conference and made themselves sit through the singular crypto panel. Fast forward to late this year, after Larry Fink (CEO of Blackrock) himself has pumped our bags on live TV, and now individuals of all ages are seeing the true value of Bitcoin. 

Retirement accounts are allocating to digital assets, and traditional finance companies are recommending 0.5-2% allocations towards Bitcoin for “uncorrelated returns” (Larry Fink). Specifically, as a former Bitcoin bear, he stated, “My opinion five years ago was wrong. Here’s my opinion… I believe Bitcoin is legitimate. I’m not trying to say there have not been misuses, like everything else. But it is a legitimate financial instrument that allows you to have maybe uncorrelated, non-correlated type of returns.”

This among many other reasons has had the whole market pumping. Gary Gensler, the former head of the Securities and Exchange Commission, was fired as President Donald Trump famously promised many single-issue voters at the Bitcoin Nashville event. Gensler had done an egregious job managing the digital asset space and he himself was a massive roadblock to innovations and sector growth for the entire space.

He even allowed Coinbase to IPO their stock ($COIN), only to subpoena them later, specifically for “acting as an unregistered crypto broker”. Needless to say, his decisions were not held up in court as the Coinbase Legal Team, led by Paul Grewal, a hero in the space, counter-sued the SEC and is up a whopping 54% on the year. 

As if this year wasn’t bullish enough, we blasted past former total crypto market cap ATHs of 3 trillion and nicked 3.6 trillion. Bitcoin leaped past the famous magnet, 100K USD, and touched $108,135. According to Coinglass, the total Bitcoin ETF volume is $3.2 billion, and the total Ethereum ETF volume is $328 million.

The Bitcoin ETF became the most successful ETF launch ever and now allows traditional finance (affectionately dubbed tradfi) to actually move the crypto market. Overnight trading hours on Sunday, and pre & post market hours can reveal large incoming moves. More and more people are becoming envious of crypto’s ability to trade 24/7, and as such, they are extending trading hours more and more throughout the week. 

Now as we rise to the crest and the euphoric end of 2024, NFT TVL is coming back like a rocket, the Pudgy Penguin collection shattered ATH’s and was briefly worth more than a Bitcoin each (yes, more than $108,000 for a digital collectible).

All crypto veterans are looking to Q1-Q2 of 2025 to herald and usher in the coveted “altcoin season”, wherein ETH/BTC dominance will rise and life-changing gains will be made in the altcoin sector. Pick your winners soon, as we will likely see a massive shift in where the gains are made.

As always, do not chase the pump, let the pump come to you.

Thanks for stopping by to listen to me blabber, I am excited to bring you weekly news, updates, and market summaries for the most exciting sector in the world right now.

Thank you for subscribing to the WOLF Crypto Newsletter. We will be releasing an issue every Monday.

-Noah (Nono) Major