▶️"Baby fish" are optimistic, the addresses of Bitcoin Shrimps (holding less than 1 Bitcoin) are accumulating at a strong rate of 17,600 BTC per month. Their total holdings currently stand at 1.36M $BTC , reflecting strong optimism about future price increases. ▶️The bullish baby fish is not necessarily bad, and may even be necessary for a vibrant market phase, but what drives the price of $BTC is always the movement of whale wallets. $BTC
▶️The U.S. Securities and Exchange Commission (SEC) accuses Robinhood of violating numerous securities regulations. To date, the legal battle seems to have been settled, with the SEC forcing two Robinhood brokerage units to pay a total of $45 million in fines. Accordingly, Robinhood Securities LLC and Robinhood Financial LLC are being prosecuted for more than 10 offenses related to brokerage activities, including: ➕Failing to timely report suspicious transactions; ➕Lacking effective identity protection measures; ➕Failing to prevent unauthorized access to Robinhood's computer systems. Additionally, the SEC also discovered that these two companies: ➕Failed to properly maintain and preserve electronic communication information; ➕Did not store copies of operational databases; ➕Did not maintain certain communications with customers as required by law during the 2020-2021 period. ➡️The SEC indicated that Robinhood Securities failed to provide complete and accurate securities transaction information (also known as blue sheet EBS data) for over 5 years. ▶️According to the SEC's published order, during the period related to EBS, Robinhood Securities submitted at least 11,849 EBS data submissions that contained inaccurate or incomplete information due to 11 different types of errors. These negligence issues led to reporting incorrect data for at least 392 million transactions. ▶️The SEC emphasized that Robinhood's prolonged violations severely impacted the oversight of financial markets while warning other brokerage firms about the importance of legal compliance. With a $45 million fine, Robinhood once again faces pressure to improve its operational processes and compliance with regulations, as well as to maintain investor trust.
▶️Semler Scientific Buys 237 More Bitcoins at $95,972 💸Semler Scientific “stocked” 237 Bitcoins, at $23 million, between December 16, 2024 and January 10, 2025. The move was funded by stock sales and operating cash flow. Semler holds a total of 2,321 BTC, worth nearly $192 million, at an average cost of about $83,000 per coin. 💸To pave the way for the Bitcoin acquisition plan, Semler issued more than $120 million in shares. This strategy has increased the company’s “Bitcoin yield” from 72.6% to 99.3%. $BTC
Promising DEFAI coins that could be listed on Binance
DeFAI tokens are showing impressive performance in early 2025. Even when the entire market adjusts, these tokens still have the ability to maintain their prices and recover well. While the market cap of the DeFAI space remains quite modest, leading tokens could open up opportunities for investors in 2025. Following are the observations from BeInCrypto about some promising DeFAI tokens worth noting. #1. Griffain (GRIFFAIN)
Exchange coins are the only Altcoin group with positive performance in the past month
Exchange coins led the market surge in December 2024. As we enter 2025, the market's upward momentum has slowed down and shows signs of correction. However, Artemis data shows that this Altcoin group is the only one maintaining positive performance, with an increase of up to 126%. Meanwhile, the rest of the market has shown negative performance, including Bitcoin. $BNB #Write2Earn #writetoearn
▶️The U.S. Department of Justice has been authorized by the court to sell $6.5 billion in Bitcoin seized from Silk Road 💵According to a ruling made on December 30, 2024, but only now announced, the U.S. Department of Justice has won the lawsuit over Bitcoin with Battle Born Investments, a company claiming ownership of the Bitcoin through 'Person X', who handed over this amount of BTC to the authorities of the land of liberty. A representative from the U.S. Department of Justice stated that the volatile nature of Bitcoin's price is the main reason for the agency's recommendation to liquidate the BTC. 💵In the past, the U.S. government has had many occasions to sell Bitcoin, with the most recent being in March 2023, raising $216 million. The United States also announced in January 2024 its intention to liquidate an additional $117 million in BTC, but no new updates have been provided yet. 💵By mid-2024, the U.S. Marshals Service reported that it had signed a custody agreement with Coinbase. Since then, U.S. officials' crypto wallets have frequently transferred funds to Coinbase, specifically 30,175 BTC ($2.1 billion) in April, 29,800 BTC ($2.02 billion) in July, and 10,000 BTC ($594 million) in August, and 19,780 BTC ($1.92 billion) in December. All of this BTC is believed to have originated from Silk Road. 💵According to statistics from Arkham, the U.S. government still holds over 198,100 BTC, valued at $18.59 billion, along with many other cryptocurrencies like ETH, USDT, WBTC, and various smaller altcoins.
South Korea Considers Lifting Ban on Crypto Trading Institutions
According to Yonhap, the Financial Services Commission (FSC) of South Korea plans to consider lifting the ban on crypto trading by domestic institutions in its "Key Action Plan 2025."
Currently, South Korea's Financial Information Act (FIA) only allows individuals who authenticate their identity with a real-name bank account to trade crypto. Although the law does not formally prohibit institutions from participating, the FSC has previously requested that banks not issue identity-authenticated accounts to institutions.
The FSC said it will coordinate with the Digital Asset Commission to implement a roadmap for issuing crypto trading accounts to institutions. Non-profit organizations will be given priority to participate first.
This is part of President Yoon Suk-yeol's campaign pledge to promote the development of the digital asset sector in Korea and increase institutional participation in the crypto market.
In addition to lifting restrictions, the FSC is also establishing additional legal frameworks based on the Virtual Asset User Protection Act, which was officially approved on July 18, 2024. The next part of the law will focus on stablecoin regulation, token listing procedures, and crypto exchange operating rules.
Bitcoin surpasses 100,000 USD as Bitcoin ETF records fifth highest inflow in history
The surge of 44,255,625,165 largely comes from the capital flowing into the market from Bitcoin ETF funds. In just the first three trading sessions of the new year, except for the session on January 2 which had an outflow of 242.3 million USD, the last two sessions witnessed record high inflows.
The session on January 3 recorded a buying force of 908.1 million USD, marking it as the fifth highest inflow day in history. However, that record was quickly broken by the most recent trading session, with buying reaching 978.6 million USD.
Price Prediction $WLD : Bullish Momentum Could Push Token to $3.25
The steady rise in WLD’s Smart Money Index since the start of the year reflects growing accumulation among its experienced and institutional investors. This signals growing confidence in its future price performance, which has contributed to the current bullish price trend.
Furthermore, positive indicators from the daily active address (DAA) divergence of WLD’s price underscore the increase in the token’s market-wide accumulation, fueling its current bullish run.
▶️BlackRock's Bitcoin ETF records largest outflow in history ➕According to data from Farside Investors, U.S. spot Bitcoin ETFs on January 2nd - the first trading day of the New Year 2025 - recorded a total outflow of $247.8 million, continuing a streak of unfavorable results from mid-December to now. ➕Notably, leading the selling force yesterday was BlackRock's IBIT fund with an outflow of up to $332.6 million, the highest since it began operations in January 2024. This is also the third consecutive outflow for IBIT, a phenomenon never before seen in history. ➕Meanwhile, apart from Grayscale's GBTC fund which had an outflow of $23.1 million, all other ETFs either had inflows or did not report any activity. ➕Despite this, IBIT remains the largest spot Bitcoin ETF, with a total inflow of $36.9 billion over the past 12 months and currently holding BTC worth $53.5 billion. ➡️The reason IBIT has witnessed strong selling pressure recently may stem from large institutions in the U.S. rebalancing their investment portfolios in the new year, as well as preparing for the Q4/2024 performance report and fulfilling tax obligations.
2024 marks a major step forward in the development of Binance, the world's leading cryptocurrency exchange. Specifically, Binance has attracted more than $24B in user deposits this year, far surpassing its competitors. For comparison, Bybit - the second-ranked exchange - recorded only $8.2B in inflow, followed by OKX at $5.3B. Other CEX exchanges such as BitMEX, Robinhood, and HTX recorded net inflows of $3.45B, $3.165B, and $2.12B, respectively. The above figures are a clear demonstration of the difference in scale and user trust between Binance and the rest of the market.
Dogecoin’s EMAs suggest that a Golden Cross may be forming, a bullish indicator where the short-term EMA crosses above the long-term EMA. This potential crossover could signal a continuation of the uptrend, allowing DOGE to test the resistance at $0.36. If this level is broken, DOGE could target higher resistance levels at $0.387 and $0.415, representing a potential upside of 22.7%. #Write2Earn
$TAO Analysis: Price Up 15%, Indicators Confirm Strong Uptrend
The ADX (Average Directional Index) for TAO is currently at 29, marking a significant increase from 14.5 just a day ago. This sharp increase shows that the strength of the current trend has increased significantly, in line with TAO's apparent attempt to establish an uptrend. The recent surge has made Bittensor the 3rd largest artificial intelligence coin in the crypto market.
With an ADX of 29, Bittensor is now firmly in a strong trend zone, signaling that the emerging uptrend has gained momentum. This level shows that buying activity is pushing the price up with increasing conviction. If this momentum continues, the trend could continue in the short term.
If the current uptrend continues to strengthen, TAO’s EMAs suggest that a Golden Cross could form. This would signal sustained bullish momentum and could push TAO to test the resistance at $565.
If this level is broken, the price could continue to rise to $645, representing a potential 25% upside. Such a move could make TAO the largest AI coin in the market, surpassing RENDER and VIRTUAL.
$PENGU Price Prediction: Will it Hit $0.05 by January 2025?
PENGU price has increased by more than 9% in the past 24 hours, pushing its market cap to $2 billion, making it one of the largest Solana meme coins, as strong momentum fuels bullish sentiment. If this uptrend continues to strengthen, PENGU price is likely to test the $0.043 resistance level soon.
Despite the recent RSI increase and bullish momentum reflected in the DMI, the trend strength remains modest, signaling cautious optimism among traders. The altcoin is approaching a key resistance level at $0.043, with the potential for further gains or a sharp correction depending on whether the current momentum is maintained.
$XLM Analysis: Will There Be a Breakout of Strong Resistance
Stellar (XLM) price has increased by more than 16% in the past 24 hours, reclaiming a $13 billion market cap and showing strong bullish momentum. Technical indicators, including the RSI, Ichimoku Cloud, and EMAs, suggest that XLM has room to rise further but may face resistance ahead.
The RSI remains in overbought territory, indicating increased buying activity, while the recent Golden Cross and Ichimoku setup point to sustained bullish momentum. Key levels such as the $0.47 resistance and $0.41 support will play a key role in determining whether XLM continues to rise or faces a sharp correction.
The Relative Strength Index (RSI) is currently at 71.1, remaining above the overbought level of 70 since January 1. This is a significant increase from December 31, when the RSI was more neutral. The high RSI reflects strong buying momentum, which has contributed to the nearly 16% increase in XLM price in the past 24 hours. However, the RSI above 70 also suggests that the asset may be approaching overbought conditions, increasing the possibility of a correction or consolidation in the short term.
The EMA recently formed a Golden Cross, a bullish indicator that occurs when the short-term EMA crosses above the long-term EMA. This technical signal suggests that the bullish momentum is likely to continue. If the current uptrend continues, Stellar price could test the $0.47 resistance level. A successful breakout above $0.47 could open the way for further gains, with the next target at $0.50, indicating that bullish sentiment is growing. #writetoearn
📌USDT's market capitalization sharply decreases after the MiCA regulation comes into effect in the EU
➕In the past week, the market capitalization of the world's largest stablecoin USDT has dropped by more than 3 billion USD from a record high of 140.72 billion USD to 137.24 billion USD, marking the largest decline since the FTX collapse in November 2022.
➕The delisting of USDT in the EU due to requirements from the MiCA regulation, which led to a significant reduction in market capitalization, has raised concerns about the potential emergence of the next "black swan" in the crypto market. However, if assessed comprehensively, the impact of MiCA on USDT seems to be limited to the EU region and does not significantly affect the global position of this stablecoin.
➕While Bitcoin and Ethereum ETFs continue to attract investment capital, experts predict that 2025 will mark a further advancement of these products. Coinbase states that the approval of crypto ETFs by U.S. regulators is a “particularly important moment,” opening up opportunities for both individual and institutional investors here. ➕According to Forbes, Bitcoin and Ethereum ETFs have attracted over $108 billion in assets under management (AUM) since their launch, demonstrating significant demand with no signs of slowing down. Bloomberg further emphasizes: “These ETFs are in the top 0.1% of over 5,500 ETFs launched in the past 30 years.” ➕Eric Balchunas, an ETF analyst at Bloomberg, predicts that “a new wave of ETFs” will explode in 2025, including Bitcoin-Ethereum combined funds, as well as Litecoin, Hbar, XRP, and Solana ETFs. He also believes that the size of Bitcoin ETFs could increase “threefold” and even surpass some gold ETFs, which are considered the standard of traditional financial markets. $SOL $XRP $LTC
AI Agent market capitalization exceeds 16 billion USD, many tokens record triple-digit growth
At the time of writing, the AI Agent system's market capitalization has surpassed 16.2 billion USD, increasing nearly 18% in the past 24 hours with a trading volume of over 2 billion USD. Many tokens recorded triple-digit growth such as Henlo, ZARA Ai, Paperclip AI. Leading this system are still Altcoins such as Virtuals Protocol (VIRTUAL), ai16z (AI16Z), AIXBT…
Among them, VIRTUAL reached a new ATH of 4.90 USD and is currently ranked 37 by market capitalization. Meanwhile, ai16z reached a new ATH of 2.30 USD after increasing in price by over 140% in the past 7 days.
This market capitalization is still very low compared to the market cap of meme coins (over 100 billion USD). There are still many exchanges that have not truly focused on listing AI Agent tokens.
This opens up opportunities for investors to seek out undervalued potential tokens. Recently, investor hitesh.eth has listed a list of 10 AI Agent tokens that he believes are undervalued, including ZARA, TONY, H4CK, SAM, XENO, REALIS, TRUST, ASYM, NIKITA, NOMAI, RADIO.
Article source: Coin68 2024, despite many ups and downs, has reached a historic milestone when witnessing the SEC's approval of the Bitcoin Spot ETF, opening the floodgates for capital from institutional investors to pour into crypto assets. Thanks to that, BTC prices continuously hit new peaks, continuously broke records and then ended the year above the $100,000 mark. This year, the crypto regulatory story has become hotter than ever, as it has become a battleground between the two ideals of “innovation” and “compliance”. In addition, 2024 is also the year of the US Presidential election, with crypto-friendly policies being used by many politicians to attract voters and donors.
After 9 months of "silence" in the effort to supplement Bitcoin reserves, Tether has returned with a purchase of 7,629 BTC worth 705.25 million USD.
According to on-chain data from Arkham Intelligence, the wallet address labeled as Tether's reserve just purchased an additional 7,629 BTC worth 705.25 million USD after 9 months of "silence".
The last time this stablecoin issuer bought a large amount of Bitcoin was at the end of March with approximately 8,889 BTC valued at 626.84 million USD at that time. $BTC