🆕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