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Investor confidence in the Cardano chain improved in Q4 2024 as TVL crossed $700M mark for the first time.
The 30-day MVRV ratio for AAVE was at -4%. Hence, it could be deemed relatively cheap and a great buy at current prices.
Large players in the BTC options market expected wild price swings in either direction, but there was an overwhelming bullish bias.
The Puell Multiple mirrored the 2020-2021 pattern. In November 2020, the metric reading stood at 1 before surging to the upper band (cycle top of $69K) in early 2021.
The significant dumping of $2.2K-$2.4K puts (bearish bets) signaled a market sentiment shift in the options market, as large players didn’t expect ETH to drop to $2.4K again.
Ethereum sentiment has turned negative as investors reportedly shift to SOL and ETH.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?
Worldcoin, now World Network, has unveiled key updates and plans to scale to 1 billion users with new Orbs and a revamped World App.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
Ethereum’s value relative to BTC has declined 53% since the Merge in September 2022.