Ethereum [ETH] may be trying to recover from its recent rally, but the massive sale has put its chances in doubt. A large amount of ETH has reportedly been sold from an address owned by Fidelity.

According to a recent Lookonchain analysis, #Fidelity transferred 64,997 #ETH to Coinbase. This happened on Friday, and the value of the transferred ETH is reportedly worth more than $213 million. The transfer came after a bearish week where the #cryptocurrency had already experienced a significant pullback during the week.
the transfer from a private wallet to an exchange suggests that Fidelity is getting rid of ETH. This came on the same day that the #Ethereum ETF recorded net outflows totaling $159.4 million. Unsurprisingly, Fidelity's FETH ETF recorded the largest outflow among ethereum ETFs on Thursday - $147.7 million.
Is Fidelity's ETH sell-off a reflection of market sentiment?
ETH has been under net selling pressure since Tuesday, and this trend continued on Friday, the same day Fidelity moved the aforementioned coin. Thus, it fell 15.54% from its weekly high to its weekly low.
At the time of publication, ETH is at USD 3,308, thanks to a 2.89% rise in the last 16 hours. This slight recovery suggests that demand has returned after Friday's close. As a result, there has been some accumulation after a week-long decline.
But will cryptocurrencies be able to sustain this growth? That will depend on the level of demand and who is buying - Onchain's data confirmed that whales were buying last fall. For example, on January 9, large holders had inflows of 547,230 ETH and outflows of 321,650 ETH.
If demand from whales increases, ETH could recover over the weekend. Even exchange flows suggest that cryptocurrencies are in a state where demand could return.
Exchange flows have recently fallen to levels last seen in early November. According to CryptoQuant, cryptocurrency outflows at the time of writing totaled 227,955. This is a slight increase to 256,829.05 ETH from 58 ETH.

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#FinTechInnovations

Bitcoin News : Is 0.001 BTC enough to become a millionaire by 2037?

Bitcoin News : Is 0.001 #BTC enough to become a millionaire by 2037?
0.001 BTC, which is currently worth $96, is #bitcoin . Based on projections of price growth, it could reach $1 million by 2037.
Bitcoin prices follow a Stock-to-Flow model and an S-curve, indicating an exponential future value.
#Fidelity predicts that bitcoin
the possibilities of cryptocurrencies are limitless, and bitcoin is at the very center of them. This has sparked a discussion about how one can become a millionaire with just a few bitcoins. This bitcoin news has delighted and saddened the market, but let's find out what's behind it.
Arnold boldly tweeted that an investor owning 0.001 BTC can make millions of dollars in the next few years.
Currently, 0.001 BTC is worth approximately $96. In the context of an investment portfolio, this may seem insignificant. However, the potential for bitcoin's value to rise makes it an attractive investment.
if this happens, 0.001 bitcoin could be worth $1,000 USD, and the price of the #cryptocurrency could reach $1 million USD by 2037.
Definitely, the Stock-to-flush (S2F) Model is one of the most accurate models for estimating the price of bitcoin. This model measures the current stock of bitcoin in relation to flows (annual lending and mining). The scarcity of bitcoin determines its price, as the maximum supply is 21 million coins.
It is worth noting that, according to historical data, bitcoin perfectly matches the price of the S2F model. Thus, as the flow decreases due to a halving event, the scarcity increases and the value increases accordingly. This means that by 2037, when the supply of bitcoin is significantly reduced, its price will jump dramatically.
Another important model is the S-curve model. At the beginning, the acceptance is gradual and increases as society becomes aware of it.

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#MarketInsights

Fidelity Digital Assets research analyst Matt Hogan has indicated that failing to allocate Bitcoin could pose a greater risk to nations than making such an investment. According to Fidelity's latest research paper, countries are predicted to begin incorporating Bitcoin into their national strategic reserves in 2025, leading to significant growth in the cryptocurrency market.
Hogan stated, “We expect more nation-states, central banks, sovereign wealth funds, and government treasuries to seek strategic positions in Bitcoin.” He noted that these entities might draw inspiration from the successful approaches taken by Bhutan and El Salvador, which have seen considerable returns from their investments in a short period.
He cautioned that neglecting Bitcoin allocation could expose nations to risks associated with severe inflation, currency devaluation, and growing fiscal deficits. If the U.S. proceeds with plans for a Bitcoin strategic reserve, Hogan suggested that other nations might begin accumulating Bitcoin discreetly to avoid influencing the market and driving up prices.
Hogan also forecasted that digital asset-structured and managed products would “go mainstream” in 2025, emphasizing the remarkable success of spot Bitcoin and Ether exchange-traded funds (ETFs). He anticipates that the success of these products will lead to the introduction of more structured passive and actively managed digital asset products in traditional finance.
Additionally, Hogan highlighted that tokenization is poised to be the “killer app” of 2025, predicting that on-chain value could rise from $14 billion to $30 billion by year-end. He remarked that while tokenization is often dismissed as a buzzword, its true potential in financial services and other sectors is just beginning to be realized.
Fidelity’s researchers advised investors to “prepare for acceleration” in the adoption, development, interest, and demand for digital assets. They believe that it is not too late for investors to engage in the digital asset movement and that we may be entering a new era for digital assets, one that could span years or even decades.
#Fidelity #CryptoCaution

Bitcoin-spot ETFs in the U.S. have outperformed gold ETFs in terms of assets under management (AUM), marking a historic shift as investors embrace bitcoin as a new store of value.

Bitcoin-spot ETFs in the U. S. have outperformed gold ETFs in terms of assets under management (AUM) and sparked a major shift in investor preference. The move reflects the growing popularity of #bitcoin as a modern alternative to traditional assets such as gold. Despite the 20-year dominance of gold ETFs, bitcoin ETFs have outpaced them by just one year since launching in January 2024.
The approval of bitcoin ETFs in the US means that investors do not have to own bitcoins directly, but can use them in a regulated manner to access the coin, bridging the gap between #cryptocurrencies and traditional finance. This accessibility has created significant demand from institutional and retail investors, resulting in bitcoin ETFs outperforming gold ETFs in terms of assets. Well-known financial players such as BlackRock, #Fidelity and Arc Invest have entered the bitcoin #ETF market, increasing confidence and competition.
gold ETFs have long been considered a safe haven from inflation and economic uncertainty. However, bitcoin, also known as digital gold, has emerged as a modern decentralized alternative with similar properties as a store of value. Bitcoin's limited supply of 21 million bitcoins makes it an attractive hedge against inflation, especially for young investors seeking innovation and high returns.
The incredible price performance of bitcoin in 2024 adds to its appeal. Analysts believe this change represents a generational shift. Young investors are evaluating bitcoin's technical and economic potential. At the same time, traditional investors seeking diversification are increasingly including bitcoin ETFs in their portfolios.
The rapid growth of bitcoin ETFs shows that cryptocurrencies are gaining acceptance in the financial system. After years of regulatory hurdles, the approval of a place for bitcoin ETFs in the U. S.
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BIG BREAKING 🚨
FIDELITY HAS BOUGHT ANOTHER 2,660 #BITCOIN. THEY NOW HOLD OVER 205,000 $BTC !
MASSIVE 🔥 ### BIG BREAKING 🚨: Fidelity Acquires Another 2,660 Bitcoin, Now Holding Over 205,000 BTC
In a major development in the cryptocurrency world, Fidelity Investments has announced it has acquired an additional 2,660 Bitcoin (BTC), bringing its total holdings to over 205,000 BTC. This move signals the firm’s ongoing commitment to Bitcoin as a core asset in its investment strategy.
Fidelity, one of the world’s largest asset managers, has long been a major player in the cryptocurrency space. Its recent purchase, valued at over $70 million at current Bitcoin prices, underscores its belief in the long-term potential of digital assets. The firm has been expanding its crypto offerings, providing institutional investors with avenues to gain exposure to Bitcoin and other digital assets.
The purchase comes amid increasing institutional interest in Bitcoin as a store of value and a hedge against inflation. Fidelity's substantial accumulation of Bitcoin further solidifies its position as one of the largest institutional holders of the asset, reinforcing the trend of traditional finance giants embracing cryptocurrencies.
This latest acquisition is likely to have ripple effects in the market, with many investors watching closely to see how this might influence the broader crypto landscape. As Fidelity continues to increase its Bitcoin holdings, it sends a strong signal of confidence in the future of digital assets. #Fidelity #FidelityFBTC #BTC☀️ #Bitcoin❗ #BTCXmasOrDip? $BTC

The Bitcoin Spot Exchange-Traded Funds (ETFs) witnessed a significant surge in inflows, reaching a two-month high. Yesterday, a total of $302.9 million was funneled into Bitcoin Spot ETFs, marking a notable uptick in investor interest and confidence in these financial products.
Breakdown of Major Inflows:
Grayscale Investments (GBTC): $27 millionFidelity (FBTC): $131 millionArk Invest and 21Shares (ARKB): $39 millionBitwise (BITB): $86 million
This surge in inflows indicates a growing optimism among investors regarding Bitcoin's future prospects. The significant contributions from major players like Fidelity and Grayscale Investments highlight the increasing institutional interest in Bitcoin as a valuable asset.
The robust inflows into these ETFs not only underscore the rising demand for Bitcoin but also reflect the broader acceptance and integration of cryptocurrency into mainstream financial portfolios. As the market continues to evolve, the role of Bitcoin Spot ETFs is becoming increasingly pivotal, providing investors with a regulated and convenient way to gain exposure to Bitcoin's potential growth.
This renewed interest in Bitcoin Spot ETFs could be a bullish catalyst for the cryptocurrency market, signaling potential upward momentum in the near term. Investors and market watchers will be keenly observing how this influx impacts Bitcoin's price dynamics and the broader market sentiment.
#bitcoin #spotetf #grayscale #fidelity #bitwise
$BTC $ETH