🆕Overview of the crypto market 24h:
⏰Tuesday, December 17, 2024
♨️Overview:
Digital asset investment products have witnessed continued capital inflow last week, totaling $3.2B, marking the 10th consecutive week, with the total capital inflow for this year so far reaching a significant $44.5B. Bitcoin saw a total inflow of $2B, while Ethereum experienced inflows for the 7th consecutive week, reaching $1B.
On a macro level, this week we will have interest rate announcements from the FED, the final FOMC meeting of the year, expected to reduce interest rates by 0.25% despite the inflation indicators not meeting FED's expectations. Following this, there will be adjusted GDP and PCE.
♨️ETF Updating (12/16/24):
💰Bitcoin Spot ETF: 🟢$102M
🔹Ethereum Spot ETF: 🟢$12.6M
🎯Weekly Highlights:
▪️Wednesday: FED announces interest rates and holds a press conference
▪️Thursday: U.S. announces GDP
▪️Friday: U.S. announces PCE with estimates higher than the previous period.
❇️Top Gainers/Losers:
🟢$VIRTUALS 12% 🔴$KAIA 8%
🟢$BGB 12% 🔴$KCS 6%
🟢$RUNE 11% 🔴$ENA 4%
🆕Hot News:
- Binance selects Simon's Cat (CAT) and Pudgy Penguins (PENGU) as the 4th and 5th Binance HODLer Airdrops👉Binance
- KernelDAO, the restaking platform on the BNB Chain officially launches mainnet👉Kernel
- Pancakeswap will halt simple staking services from 10/03/2025👉PCS
- The Financial Conduct Authority states that the UK is consulting on banning public crypto offerings.👉CoinDesk
- Micro Strategy joins the Nasdaq 100 group, aiming for SP500👉TheBlock$BNB
#BTCNewATH #AirdropHodler