● VanEck Advisor: Bitcoin ETF will not change the original intention of eliminating the need for trusted third parties
According to the Daily Planet, VanEck consultant Gabor Gurbacs wrote on the X platform that the emergence of Bitcoin is to eliminate the need for trusted third parties, but Bitcoin ETFs will not change this. Many people will continue to prefer to hold their own Bitcoin and verify their holdings. He believes that ETFs will require proof of reserves and eventually provide auxiliary custody options in a timely manner.
● Bloomberg Analyst: The probability of spot Bitcoin ETF rejection has now dropped from 10% to just 5%
According to the Daily Planet, Bloomberg ETF analyst Eric Balchunas said that the probability of spot Bitcoin ETF rejection has now dropped from 10% to just 5%. He pointed out that it was necessary to leave room for 5% for reasons of uncertainty, because even if the industry had guarantees at the time, anything could happen.
● Bloomberg analyst: SEC has no public agenda before January 11
According to PANews, the final revised document for the asset management company’s application for a Bitcoin spot ETF will be submitted on January 8. Analysts expect trading to begin on January 11. The U.S. Securities and Exchange Commission (SEC) will make a decision in the next stage, and SEC members may vote. However, Bloomberg analyst Eric Balchunas said that there is nothing on the SEC’s public agenda before January 11, but the SEC can use its authorization policy to make decisions.
● XRP community member: The January 11 court hearing is crucial for Ripple and the cryptocurrency industry
According to Golden Finance, January 11 has been set as the court hearing date for the protracted legal dispute between Ripple and a group of XRP investors. The outcome of the case is significant as it could set another precedent for the crypto industry and its stakeholders.
● In December, the market value of the NFT market reached the highest level in the past three months, and trading activities decreased.
According to the Daily Planet, NFT infrastructure service provider NFT Scan released the December NFT market report, which showed that the market value of the NFT market fluctuated between US$16 billion and US$21.5 billion in December, reaching the highest value in nearly three months, but the market's trading activities decreased compared to November. The total transaction volume (TTV) of the NFT market in December increased to US$431.5 million, an increase of 44.5% over November, but among the trading platforms, only Blur had positive trading volume dynamics.
● Vitalik Buterin gives financial advice on portfolio diversification
According to Planet Daily, Vitalik Buterin, co-founder of Ethereum, gave financial advice on the X platform during a discussion on the topic of "whether the investment portfolio should be diversified": 1. Diversification of the investment portfolio is good; 2. Save and work hard to save money. Having enough funds to cover many years of expenses, financial security is freedom; 3. Keep most of your personal investment portfolio flat; 4. Do not use more than 2 times leverage, never.
● CICC Research Report: U.S. inflation uncertainty increases, interest rate cut expectations should be more cautious
According to Jinshi report, CICC Research said that the U.S. non-agricultural data in December was solid, the unemployment rate remained low, the labor participation rate showed signs of peaking, and the fastest recovery in labor supply may have passed. The fastest time for supply chain repair may have passed, and the recent Red Sea navigation safety issues may increase supply chain risks. These changes may increase uncertainty about U.S. inflation, and if supply factors cannot further improve, inflation will be more resilient.
