• Bitcoin is leaving exchanges. This decline indicates that people are starting to hold Bitcoin in personal wallets.

  • Mentougou has been selling off for the past two weeks, having sold a total of 1,338 Bitcoins worth $123 million. Currently, it still has over 36,000 Bitcoins left. Give it some time to let the market digest it slowly. Grayscale initially sold hundreds of thousands, and the market was able to absorb it, let alone Mentougou's tens of thousands.

  • Three major directions of grayscale focus:

    (1) The US election and its potential impact on industry regulation, especially in areas like decentralized finance (DeFi) and staking.

    (2) Continued breakthroughs in decentralized AI technology and the use of AI agents in blockchain.

    (3) Growth of the Solana ecosystem.

  • 🇺🇸 Just in case: The judge has postponed the trial between the CFTC and Gemini to January 21.

    This postponement delays the start date of the trial until after the new presidential administration takes office, which may affect the CFTC's stance towards Gemini and other cryptocurrency companies.

  • 🇺🇸 ETF flow: Approximately 16,540 shares of $ETH and 4,430 shares of $BTC were sold on December 30.

    ETH ETF had a net outflow of $55 million.

    BTC ETF had a net outflow of $415 million.

  • Latest news: MicroStrategy's stock price plummeted 8% after the year-end Bitcoin purchase.

    After disclosing the latest Bitcoin purchase plan, MSTR dropped significantly in the last trading day, with some market observers expressing concerns about leverage.

  • Tether has transferred $780 million worth of Bitcoin into reserves — its largest move in 9 months.

    Stablecoin issuer Tether has transferred over 8,400 Bitcoin into its reserves, marking its largest move since March.

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