1. Market Watch
Keywords: ETH, LINK, AAVE
According to Strike CEO Jack Mallers, if Trump is elected president, he plans to establish a strategic Bitcoin reserve through executive order on his first day in office. Influenced by this news and several well-known companies incorporating Bitcoin into their financial allocations, Bitcoin prices surged, reaching a historical high of $106,660. Meanwhile, MicroStrategy co-founder Michael Saylor hinted at a potential new round of significant Bitcoin acquisitions, further boosting market sentiment.
Driven by this positive sentiment, Glassnode's co-founder predicts that altcoins including ETH, LINK, AAVE, and BGB may experience a rebound during the holiday period. The current price trend of Ethereum also brings positive signals for breaking the $4,000 mark. However, some noteworthy movements have emerged in the market: one of the largest cryptocurrency exchanges recently saw over $1 billion in large Bitcoin transfers, while hedge fund short positions in Ethereum at the Chicago Mercantile Exchange (CME) hit a new high, indicating market divergence.
In traditional finance, Societe Generale successfully completed a tokenized bond collateral market transaction on the Ethereum blockchain, highlighting the increasing acceptance of blockchain technology by traditional financial institutions. Real estate investment expert Grant Cardone even suggests combining real estate investment with Bitcoin for higher returns.
It is noteworthy that the Ethena token ENA has risen by 23.08% within 24 hours. Although market indicators show some volatility risks, most experts remain optimistic about the cryptocurrency market outlook, generally expecting Ethereum to reach new highs in 2025.
2. Key Data (As of December 16, 9:20 HKT)
S&P 500: 6,051.09 points (Year-to-Date +26.86%)
Nasdaq: 19,926.72 points (Year-to-Date +32.74%)
10-Year Treasury Yield: 4.392% (Year-to-Date +51.11 basis points)
Dollar Index: 106.058 (Year-to-Date +5.036%)
Bitcoin: $105,369.63 (Year-to-Date +149.31%), with a daily spot trading volume of $58.23 billion
Ethereum: $4,001.98 (Year-to-Date +75.41%), with a daily spot trading volume of $27.97 billion
3. ETF Flows (December 13 EST)
Bitcoin ETF: +$428.9 million
Ethereum ETF: +$23.6 million
4. Important Dates (Hong Kong Time)
Retail Sales Month-on-Month (December 17, 9:30 PM)
Actual: Pending Release / Previous Value: 0.4% / Expected: 0.5%
Federal Reserve Interest Rate Decision (December 19, 3:00 AM)
Actual: Pending Release / Previous Value: 4.75% / Expected: 4.5%
GDP Quarterly Month-on-Month Final Value (December 19, 9:30 PM)
Actual: Pending Release / Previous Value: 3.00% / Expected: 2.80%
Core PCE Price Index Month-on-Month (December 20, 9:30 PM)
Actual: Pending Release / Previous Value: 0.3% / Expected: 0.2%
Personal Income Month-on-Month (December 20, 9:30 PM)
Actual: Pending Release / Previous Value: 0.6% / Expected: 0.4%
Personal Spending Month-on-Month (December 20, 9:30 PM)
Actual: Pending Release / Previous Value: 0.4% / Expected: 0.5%
5. Hot News
One Week Preview | Binance will list Vana (VANA) and Usual (USUAL); Sonic Labs launches mainnet
Upbit will list Moca Network (MOCA), MOCA rises over 300%
BTC breaks through $106,000, with an intraday increase of 3.25%
The owner of Pnut the Squirrel has taken legal action against Binance
The Trump family's crypto project World Liberty purchased $250,000 worth of ONDO tokens through Cow Protocol
Goldman Sachs: The Federal Reserve's rate cut in December is a certainty, with consecutive cuts of 25 basis points expected in January and March next year.
The floor price of the Pudgy Penguins sub-series Lil Pudgys has surpassed 4 ETH, setting a new historical high
Data: Tokens such as ARB, APE, QAI will face significant unlocks next week, with ARB unlocking worth approximately $91.4 million
Michael Saylor releases Bitcoin Tracker information for the sixth consecutive week, possibly indicating another increase in BTC holdings
Analysis: MicroStrategy's current market value is nearly 13 times that of MARA, which may struggle to be included in the Nasdaq 100 index.
This Week's Macro Outlook: The last monetary policy week of 2024 is approaching, and the Federal Reserve's rate cut in December is likely a certainty.
Azuki's floor price has surpassed 9 ETH, reaching a new high since July last year.
A whale accumulated 7,661 ETH through Binance over the past day and a half.
10x Research: A net outflow of 124,000 BTC from CEX in the past 30 days, with Coinbase seeing an outflow of 72,000 BTC.
Coinbase adds Parcl (PRCL) to its coin roadmap.
VanEck releases top 10 predictions for 2025: Bitcoin will reach $180,000, with the bull market peaking in Q1.
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