🐂Funds Are Returning to the Market

After the New Year's holidays and capital outflow from ETFs, funds have once again started accumulating BTC. According to the latest data on January 3rd, funds sent $908 million to the Bitcoin ETF, causing the BTC price to almost break $99,000. The main buyer was Fidelity Fund, with an influx of $357 million, followed by BlackRock with $253 million.

⚡️Michael Saylor announced that MicroStrategy plans to raise up to $2 billion in capital through a public offering of perpetual preferred shares in the first quarter of 2025, to purchase BTC.

💸As of the end of 2024, the US accounted for over 40% of the global hash rate of the Bitcoin network, and two US-based mining pools, Foundry USA and MARA Pool, accounted for over 38.5% of all mined blocks.

✖️Yesterday, the CEO of Ripple stated: "Today we welcome the most pro-cryptocurrency Congress in history." After all, yesterday the 119th Congress of the United States took place.