ChainCatcher news, John Glover, Chief Investment Officer of the cryptocurrency lending platform Ledn and former Managing Director at Barclays Investment Bank, stated that according to the technical analysis tool Elliott Wave Theory, Bitcoin is expected to drop to $89,000 before exceeding $125,000 in the first quarter of 2025.John Glover said, "Earlier this week, we saw Bitcoin drop below $92,000, so we may have completed the corrective wave towards the $125,000 target. If Bitcoin breaks through $125,000, it may experience another pullback before heading towards the cycle top around $160,000."He added that Bitcoin may see a pullback before January 20, when Trump is inaugurated, as investors take profits.Analysts at the blockchain data platform Glassnode indicated that investors should also closely monitor the $87,000 level, which is the cost basis for short-term holders of Bitcoin, assuming cryptocurrency valuations are reasonable. This type of "on-chain" analysis examines data directly recorded on the blockchain network to gain insights into market trends or investor behavior.

ChainCatcher news, according to a tweet from Metya's official X platform, "The Wait Is Over," which may hint at an upcoming TGE. According to Metya's latest development roadmap for 2025, the team plans to officially launch the MET token issuance as early as Q1.As a fusion project in the SocialFi and DePIN fields, Metya is committed to providing a more valuable social experience for global users through the deep integration of blockchain and AI technologies. The launch of MET will further enhance the ecosystem and promote user value sharing and global expansion.

ChainCatcher news, Binance founder Zhao Changpeng forwarded Errands Gotham's view, stating that Q1 2025 will be the most promising period for altcoins in the past 36 months, with a pattern similar to 2021 and 2017. Errands Gotham predicts that the BNB chain will perform like Ethereum in 2021 in Q1 2025, with a minimum target price of $1314 and an optimal target price of $1986.

ChainCatcher news, Binance founder Zhao Changpeng forwarded Errands Gotham's view, stating that Q1 2025 will be the most promising period for altcoins in the past 36 months, with a pattern similar to 2021 and 2017.Errands Gotham predicts that the BNB chain will perform like Ethereum in 2021 in Q1 2025, with a minimum target price of $1314 and an optimal target price of $1986.

ChainCatcher news, Grayscale Research indicates that in Q1 2025, Grayscale will focus on tokens that involve at least one of the following three core market themes: the U.S. elections and their potential impact on industry regulation, particularly in areas like decentralized finance (DeFi) and staking; ongoing breakthroughs in decentralized AI technology and the use of AI agents on the blockchain; and the growth of the Solana ecosystem. Based on these themes, Grayscale has added six assets to the Top 20 list for Q1 2025. They are HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS.

ChainCatcher news, Bio Protocol co-founder Paul Kohhaas stated during his speech at X Space that he previously communicated with Zhao Changpeng, admitting that Bio Protocol can create about 6-7 DeSci DAOs in a year, while Zhao Changpeng believes this number is slightly low and that the time to launch an ecological project is too long. However, through continuous building, Paul Kohhaas and Bio Protocol have become increasingly familiar with the DAO launch process, and they currently hope to automate the DAO project launch process. This will significantly shorten the time required to complete the DAO launch process, leading to an increasing number of DAOs within the Bio Protocol ecosystem.Currently, their internal team has reviewed 20-30 DAOs, of which 10 DAOs have basically completed the process. It is expected that 15-20 DAOs will be cold-launched through the launchpad in Q1 of next year.

ChainCatcher news, PinGo's Chief Operating Officer Melvin stated on X that PinGo is preparing for sustainability and growth. To create deflation and enhance network efficiency, PinGo's mining mechanism will partially transition to a Proof-of-Stake (PoS) model.Melvin expects this transition to be completed in the first quarter of 2025.

ChainCatcher news, Cosmos has announced its roadmap for the first quarter of 2025, which will feature the transition, stability, and the first product testing of Hub and Interchain Stack:Complete the staffing of the Interchain Labs core team.Integrate all core components from the administrators.Launch maintenance, security, and performance optimization for the Interchain Stack and Cosmos Hub.Prepare the Hub and Interchain Stack for rapid development.For the Hub, efforts will be made to ensure that the Hub is secure and easy to maintain, enabling the large-scale introduction of new features and applications. The team will explore removing the LSM module, accelerating block times, and reinvesting in audits. For the Interchain Stack, the goal is to deliver V2 of the Cosmos SDK and IBC (Eureka), and to accelerate the transaction speed of Comet BFT.

ChainCatcher news, the cross-chain protocol Wormhole indicates that Wormhole DAO will launch in the first quarter of 2025.W holders need to participate in governance staking for the first vote. The Wormhole Staking Rewards Program (SRP) is underway across all chains (EVM + Solana), with an initial reward pool allocating at least 50 million W tokens.

ChainCatcher news, Tether CEO Paolo Ardoino stated, "Just received the first draft of the Tether AI platform website. It will be launched soon, aiming for the end of Q1 2025."

ChainCatcher news, according to Cointelegraph, market analysts suggest that Ethereum may reach an all-time high in the first quarter of 2025. According to a market report released by Bybit and Block Scholes, as the crypto market deleverages last week, Ethereum may soon catch up to Bitcoin's gains, which "indicates a reset of leveraged long positions."Bybit analysts state that the liquidation of leverage could lay the groundwork for Ethereum to reach an all-time high in the first quarter of next year. The first quarter of 2025 is expected to set new highs, as the anticipation of Ethereum's price surpassing unfolds, with ETH showing strong momentum in the derivatives market.Crypto analyst The Long Investor mentions that Ethereum needs to first break through the key resistance level of $4,100. If it breaks through $4,100, it could rise all the way to the all-time high of $4,865. They also stated that they will hold ETH until it reaches $8,800.

ChainCatcher news, according to the official announcement, Ethereum's native Layer2 network Mint plans to conduct a community airdrop and TGE in Q1 2025, distributing 12% of the total economic supply $MINT to the Mint community and NFT community users.The Mint team plans to launch a decentralized distribution mechanism for Mint mainnet sequencer rewards in Q2 2025, allocating network revenue to the community and consensus participants. As one of the core members of the OP Superchain, Mint received a strategic investment of $2 million from the Optimism Foundation and 1 million $OP delegated voting rights in October this year, becoming the first superchain member to participate in Superchain ecosystem governance.At the same time, Mint Blockchain revealed its development strategy for 2025, aiming to build the largest multi-chain, multi-market NFT order routing network in the entire network. Through Superchain Interop and SuperchainERC20 protocol standards, the Mint chain will be the first to achieve multi-chain liquidity aggregation and cross-chain interoperability; based on this, multi-chain NFT orders will be registered on the Mint network, creating a unified and open NFT liquidity network across the entire network, promoting the development of the multi-chain NFT ecosystem.As of now, the Mint ecosystem has over 100 applications and more than 5 million wallet address users.

ChainCatcher news, according to Bloomberg, large financial companies such as Standard Chartered Bank and Virtu Financial Inc. are preparing to join a new cryptocurrency derivatives trading platform in London.The trading platform Global Futures and Options Ltd. (referred to as GFO-X) announced on Monday that it has signed agreements with ABN Amro Clearing and market maker IMC, and it expects to launch in the first quarter of next year. GFO-X is supported by M&G Investments (the asset management division of pension giant M&G Plc).GFO-X will handle trading of Bitcoin index futures and options, initially planned to go live by the end of 2023, but it failed to launch on schedule due to two delays. The trading on GFO-X will be cleared by LCH SA, which is owned by the London Stock Exchange Group.

ChainCatcher news, according to The Block, Botanix Labs announced the launch of a new testnet for its Bitcoin Layer2 network "Spiderchain." The release, named "Aragog Testnet," replaces the company's previously unnamed test network and is accompanied by several "pre-mainnet" applications, including updates for the Bitcoin-backed stablecoin Palladium and the decentralized exchange Blitzy.The team stated that Aragog will be the "final step" before the network launches its mainnet in the first quarter of 2025. In addition to receiving an official name, Aragog will introduce a series of technological innovations. This includes an early experiment using Schnorr threshold signatures, a cryptographic technique that "unites" multiple key holders into a single multi-signature address, thereby saving bandwidth and reducing the probability of errors. Furthermore, while "Testnet v0" was run by Botanix Labs using a single node, Aragog will have nodes distributed globally.

According to ChainCatcher news, the official version of Polkadot 2.0 is expected to go live in the first quarter of 2025, as disclosed by blockchain infrastructure company Parity Technologies. A key feature of Polkadot 2.0, Elastic Scaling, is currently undergoing early testing on the Kusama network, supporting a single parachain to use multiple cores to enhance network performance.

ChainCatcher news, according to Cointelegraph, the Ethereum scaling solution Linea announced the establishment of the Linea Association at the Devcon conference in Bangkok, Thailand. This is a Swiss non-profit organization dedicated to promoting the development and governance of Linea. The association will support Linea technology, develop the Linea market, and advance its decentralization roadmap. The association plans to launch the Linea token in the first quarter of 2025, enabling governance for token holders. Token holders will have governance rights over certain activities of the association, which will manage the core intellectual property of Linea and the funds supporting its mission.Linea is a Layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) rollup solution developed by ConsenSys. ConsenSys founder Joseph Lubin stated that the establishment of the Linea Association is an important step for the network to achieve true decentralization, avoiding excessive control by any entity.Linea founder Nicolas Liochon emphasized that decentralization is at the core of Linea's vision. He stated that Linea must be publicly owned and governed by everyone, just like Ethereum Layer-1. Lubin added that Layer-2 projects that are overly controlled by companies or a few participants struggle to succeed or maintain proper consistency with the Ethereum platform.