Coach Tom Frederick
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🚨 Bitcoin Technical Analysis + Crypto Market Update 🚨
The crypto market is buzzing with excitement as we head into a new chapter of potential pro-crypto policies under a Trump presidency. Recent shifts in sentiment, especially after the latest CPI report, have sparked speculation that Trump might introduce a more crypto-friendly administration once he takes office. Some are even betting on the possibility of a Bitcoin strategic reserve (though that’s still up in the air).
📈 Bitcoin Momentum
Right now, Bitcoin is riding a wave fueled by growing anticipation of pro-crypto legislation, ETF excitement, and a broader “risk-on” market behavior that seems to be perfectly timed for Trump’s inauguration. The stage is set for what could be a bullish run ahead. 🚀💥 XRP: The Trump Trade
XRP has been on fire recently, with many seeing it as the proxy asset for traders hoping to cash in on Trump’s potential crypto-friendly stance. It’s leading the charge as Ripple’s CEO and Trump have reportedly met—sparking talks of future collaborations. While there’s no confirmation of a formal partnership, the social hype is real, and it’s bringing a lot of new retail investors back to the market. Short-term trade? Yes. Long-term hold? You make the call… 🔥🏡 RWA Sector: Big Gains from Regulation Shift
The most bullish factor in this market? The potential regulatory shift under Trump. With Gensler out and clearer digital asset regulations coming into play, we could see massive tokenization of traditional assets like real estate, securities, and more. Major companies will feel more comfortable putting digital assets on their balance sheets, and that’s a game changer for the space. 📊💎 Top RWA Altcoins to Watch
- CHEX: One of my top plays—backed by a solid business model and licensing in Singapore, focusing on traditional entities tokenizing their assets.
- CPOOL: This one has seen significant growth since I first mentioned it at $0.13, and with an upcoming mainnet launch, I’m excited to see where it goes.
- PENDLE & PINLINK: Both bringing fresh approaches to the RWA narrative, offering strong long-term potential.
- ONDO & OM: Still on my radar, but their valuations have run up quite a bit, so I’m leaning more into CHEX & CPOOL for now.
💡 DeFi Altcoins: The Trump-Friendly Plays
With a potential shift towards a softer stance on staking, governance, and revenue-sharing from the SEC, certain DeFi coins might see major price moves. Here’s what’s on my radar:- LINK: Crucial for price feed integrations—especially as XRP uses it for on-chain applications.
- AAVE: Strong technically and fundamentally, this is one to watch closely.
- ATHENA: A high-beta asset that could explode in bullish market conditions.
The Trump Trade is real, and whether you’re diving into RWA tokens or DeFi, the next few months are shaping up to be a massive opportunity. 🚀
👉 Are you ready to ride the wave? 🏄♀️
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One aspect of portfolio building is learning how to use borrowing and lending platforms. These can provide avenues to retain capital over time as well as borrow against your own capital to build more wealth. Another use of borrowing/lending is to mitigate taxes.
In this short video, https://www.youtube.com/watch?v=wns5d7Sqmsw, you will learn about:
- Lending your crypto for passive income: Learn how to earn daily yields on your holdings, all while keeping your assets in your portfolio.
- Borrowing against your crypto: We’ll show you how to use your assets as collateral to access capital, letting you earn yields, take profits, and build your bags without selling.
- The power of DeFi as a business: Unlike traditional investing or gambling, DeFi allows you to treat your crypto portfolio like a business — with consistent cash flow, strategy, and stability.
- Top 8 lending protocols to consider: From well-established platforms like Aave and Compound to newer players such as Fluid and SuiLend, we break down the best places to lend and borrow based on your assets and risk tolerance.
Enjoy!
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Happy 2025! This may be the year that crypto transforms many of our lives. Here is some new year market alpha…
Phantom (PHANTOM): A Wallet Turning Social
• Phantom isn’t just about holding your tokens anymore—it’s going social. With usernames, followers, and an airdrop coming soon, it’s transforming into something closer to a Web3 social network.
• Why it matters: This isn’t just a wallet pivot—it’s a way to keep users engaged and build a sticky ecosystem. Airdrops are fueling the hype, and it’s making Phantom more than just a tool; it’s becoming a community.
• Think of it as: A blockchain-powered combo of Venmo and Instagram.
Solana (SOL): ETF Hopes, But Caution Lingers
• There’s chatter about Solana ETFs finally becoming a reality under a new SEC regime. That’s a big deal for institutional money. But even if ETFs launch, analysts are tempering expectations on how much demand they’ll generate in the short term.
• Why it matters: Solana’s growing up. It’s no longer just an “Ethereum competitor”—it’s getting the kind of attention that could help bridge crypto into mainstream finance.
Pudgy Penguins (PENGU): Meme Magic Meets Serious Volume
• PENGU is turning heads by doing massive trading volume—more than Ethereum or Solana in some cases. It’s being described as “ready to explode,” fueled by viral moments like a massive TikTok livestream.
• Why it matters: PENGU is a great reminder that cultural relevance can drive as much action as tech or utility. It’s the meme coin energy, but more community-focused and NFT-driven.
Ripple (XRP): The Underdog Making Waves
• XRP is dominating volume on South Korean exchanges, even beating Bitcoin and Dogecoin in some cases. It’s also part of ETF and tokenized asset conversations among big finance players like Franklin Templeton.
• Why it matters: XRP’s global appeal, especially in Asia, gives it a unique edge. Plus, it’s still a poster child for regulatory battles, so it’s one to watch if U.S. laws finally evolve this year.
Ethereum (ETH): Ready for a Big Year
• Ethereum is set to crush all-time highs, according to some big thinkers in crypto. It’s not just about ETFs—ETH is powering DeFi, NFTs, and scaling solutions that are now attracting institutional attention.
• Why it matters: Ethereum isn’t just surviving; it’s thriving as the backbone of Web3. With so many use cases, it remains the “safe bet” for many in the space.
Monad (MONAD): Building Blocks for the Future
• Monad is all about speed and scalability—10k transactions per second, advanced sharding, and major funding ($230M!). It’s also integrating with Phantom, which means airdrops and community-building are on the horizon.
• Why it matters: Monad is positioning itself as the blockchain for developers. By solving speed and cost challenges, it’s aiming to attract the next wave of projects.
AI16Z: Riding the AI Supercycle
• AI tokens like AI16Z are dominating headlines. With massive gains in market cap, they’re pulling liquidity from meme coins and turning attention to AI’s long-term potential.
• Why it matters: The hype around AI in crypto is real, and AI16Z is leading the pack. It’s a new frontier where artificial intelligence and blockchain meet, creating some fascinating opportunities.
Virtuals Protocol (VIRTUAL): The Infrastructure of AI Agents
• Virtuals is being called the “economic layer” for AI agents, dominating the AI token market. Its positioning is similar to a blockchain but focused on AI, making it a critical part of this growing space.
• Why it matters: AI and crypto are converging, and Virtuals is at the center of it all. It’s not just another token—it’s infrastructure for an entire ecosystem.
Eliza (ELIZA): AI Meets Social Media
• Eliza has integrated Twitter Spaces, making it easy for AI agents to join real-time conversations. It’s also dabbling in Bitcoin and Lightning tech, adding versatility to its platform.
• Why it matters: Eliza is breaking new ground by combining social, AI, and blockchain in a way that feels intuitive. It’s opening up a whole new way for AI tools to interact with people.
Key Themes to Watch
1. Social Meets Crypto: Wallets like Phantom are pivoting into social networks, redefining how we engage with Web3.
2. AI Takes Center Stage: Tokens like AI16Z and Virtuals are showing that AI-driven crypto is more than a fad—it’s a whole new cycle.
3. Regulation on the Horizon: With potential ETF approvals and regulatory clarity, 2025 could be a turning point for how the world views crypto.
4. Community Power: Whether it’s PENGU’s TikTok success or XRP’s South Korean dominance, it’s clear that community-driven assets are as powerful as institutional backing.
Final Thoughts
2025 is shaping up to be a year where crypto doesn’t just evolve—it transforms. From social wallets to AI-driven economies, the ecosystem is diversifying in ways that were unimaginable just a few years ago. The big takeaway? Pay attention to the projects that are blending technology, culture, and user engagement. That’s where the magic is happening.
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Managing a crypto portfolio also means being aware of and compliant with tax codes in your jurisdiction. If you plan to pay taxes…
(from Blockchain Crypto Taxes. I am not a crypto tax expert and this is not financial advice)The IRS has introduced new requirements for reporting cryptocurrency transactions in 2025. To comply with these changes, you must complete a Safe Harbor Plan by December 31, 2024.
Reviewing several Safe Harbor Plan statements being released by crypto legal firms, I found Gordon Law’s to be most applicable (PDF is attached).
Summarized below are the changes and the steps you need to take below:
Key Tax Changes Starting January 1, 2025
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Wallet-by-Wallet Accounting
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Previously, all crypto transactions were treated as part of a single ledger.
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Starting in 2025, each wallet or exchange must be accounted for separately, with cost basis tracked individually.
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Safe Harbor Plan
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If you’ve used the universal method in the past, the IRS allows you to transition to wallet-by-wallet accounting using a Safe Harbor Plan.
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You need to document how you’ll allocate the cost basis of assets held in your wallets as of January 1, 2025.
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Default Accounting Method
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The IRS will default to the First-In-First-Out (FIFO) method per wallet starting in 2025 unless a different method is documented in advance.
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Form 1099-DA
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Exchanges will report your crypto proceeds on Form 1099-DA starting in 2025.
Your Action Plan
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List Your Wallets and Exchanges
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Create a complete list of all your wallets and exchanges.
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Record Wallet Balances
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Take and save time-stamped screenshots of token balances in each wallet or exchange as of January 1, 2025.
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Choose an Allocation Method
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Decide how you want to allocate unused cost basis (e.g., Highest Cost First, Lowest Cost First, or by Date Acquired).
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Use the method that best aligns with your goals.
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Document Your Plan
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Complete and sign the Digital Asset Allocation Plan before December 31, 2024.
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Retain the signed document for your records. We will also request a copy when reconciling your 2024 transactions.
Important Notes
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Deadline: This plan must be signed and dated by December 31, 2024.
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Flexibility: The allocation method must be chosen now, but the actual allocation doesn’t need to be performed until 2026.
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Default Method: If no specific method is chosen, the Highest Cost Allocated First method is typically applied.
Best,
Blockchain Crypto Tax Prep
The No Hassle Crypto-Tax Preparation Service.
410-320-7348 | cryptotaxprep.io
175 Admiral Cochrane Dr Suite 404B
Annapolis, MD 21401, United States
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Got some tokens sitting in your wallet that you would like to make money while they are awaiting price appreciation? Borrowing and Lending may be the right call. You can turn tokens into monthly passive income (or continue to build your bull run bag) 🚀
https://www.youtube.com/watch?v=65DR5AseK1U -
Limitus (LMT) on Solana is a lowcap that can transform devices like smart phones into AI operators. Worth a look…
https://dexscreener.com/solana/38256B3SrJ8NTd4q9HgJjowGmSVw357f457Wqf5HS8h7
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Here’s their white paper…
https://x.com/limitusintel/status/1869142297692291438?s=46&t=BkkfeQ2WylNuyUW-q-8GcA
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ATH is a lowcap GPU processing and AI support token. Might be worth adding a bag to your portfolio. NFA DYOR
aethir.com
AI Agent Development: Powering Innovation with Aethir’s $100M Ecosystem Fund - Aethir
AI Agent Development: Powering Innovation with Aethir’s $100M Ecosystem Fund | Aethir
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If you are a veteran in defi or a newbie, this is a MUST WATCH to position yourself for the imminent altseason.
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Good video by Miles today about rotation of portfolio items based on current market trends and potential upside.
https://www.youtube.com/watch?v=QUFAUaGK-d8&ab_channel=MilesDeutscher -
Todays alpha…NFA
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More crypto wisdom when you are building a balanced bull run portfolio.
https://www.youtube.com/watch?v=J9bus0-LWb8&t=43s -
Xrp and xlm can only be stored on a CEX or Ledger Live as far as I know.
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Just promoting this to the newsfeed…
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Just promoting this to the news feed…