1. Six days ago, Russia's#Putinsigned a law officially recognizing cryptocurrency as property, marking progress in Russia's crypto economy
2. The prediction market expects $BTC to rise to $128,000 by the end of this month. Last month, the prediction market raised the Bitcoin price target from $77,000 to $128,000. The probability of Bitcoin breaking through $150,000 by the end of this year is 10%.
3. The total amount of call options of US investors has soared relative to the volume of put options. The call option positions are currently only lower than the record in 2021. The complacency of the market has never been so strong (Figure 1)
4. 57,727 layoffs in November, which is lower than the 64,797 in 2020 and much lower than the 76,835 in 2022, with the automotive and technology industries leading the weak labor market
5. Since the US election, the rise and fall charts of various global assets are all in front of us (Figure 2)
6. Regarding $BTC major entities and long-term holders#LTHhas shown significant activity in the market
Up 7.2% since Dec 1st to new peak of $103,400, while long term holders sold 162K #BTC, Mt. Gox wallets sold 24K, while US government wallets transferred 10K BTC
It seems that large entities and long-term holders are clearly taking advantage of the opportunity to take profits (Figure 3)
7. This is a crazy stat for a company that is not currently included in 4 of the top 5 global ETFs: $MSTR hit $10 billion in volume in the first 2 hours of trading
8. Retail investors showed a lot of activity, increasing by 30% in 30 days. Can this high activity of retail investors drive the cryptocurrency market?
As large investors accumulate, retail holdings of Bitcoin are declining. Whales appear to be leading the rally to $104,000. Will retail investors regret selling too early? (Figure 4)
9. Last week,#ETHinstitutional funds inflow exceeded 1 million $ETH, exceeding the inflow of Bitcoin in the past few trading days
10. Bloomberg asks Amazon Web Services CEO Nvidia: Does it have 95% of the AI #AImarket share?
Answer: I think it may be higher than this.
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