Notizie

On Dec 27, 2024, 07:40 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 95,000 USDT and is now trading at 94,827.367188 USDT, with a narrowed 3.18% decrease in 24 hours.

Bitcoin spot ETFs in the United States experienced significant investor interest yesterday, with net inflows reaching an impressive $475.15 million, according to data from Trader T.

According to Odaily, HODL15 Capital reports that more than 20 companies have a chance of being included in the Bitwise Bitcoin Standard Corporations ETF, with 30% of these being Bitcoin mining firms. Previously, it was announced that Bitwise has applied to the U.S. Securities and Exchange Commission (SEC) for the Bitcoin Standard Corporations ETF. This fund aims to invest in the stocks of companies that adopt the Bitcoin standard, requiring them to hold at least 1,000 BTC in their reserves.

On Dec 27, 2024, 01:39 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 96,000 USDT benchmark and is now trading at 96,076.921875 USDT, with a narrowed narrowed 2.85% decrease in 24 hours.

According to PANews, Strive Asset Management, founded by Vivek Ramaswamy, has filed for approval from U.S. regulators to list an exchange-traded fund (ETF) focused on Bitcoin convertible bonds. These bonds, referred to as 'Bitcoin bonds,' are convertible securities issued by companies like MicroStrategy, which plan to use the proceeds primarily for purchasing Bitcoin. The Strive Bitcoin Bond ETF will be actively managed, gaining exposure to these bonds directly or through financial derivatives such as swaps and options. While the management fees for investors have not been disclosed, actively managed funds typically incur higher fees than passive index funds. Vivek Ramaswamy, a vocal supporter of former U.S. President Donald Trump, established Strive Asset Management in 2022. In November, Trump announced that Ramaswamy, alongside Tesla founder Elon Musk, would lead the Department of Government Efficiency (DOGE), a private initiative aimed at reducing government wasteful spending. Earlier in November, Strive launched a wealth management division, incorporating Bitcoin into its standard investment portfolio.

On Dec 26, 2024, 16:37 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 96,000 USDT benchmark and is now trading at 96,000.460938 USDT, with a narrowed narrowed 2.19% decrease in 24 hours.

According to Foresight News, CryptoQuant analyst Yonsei_dent has provided insights into Bitcoin selling trends using the Spent Output Age Bands (SOAB) metric, which categorizes Bitcoin sales based on the holding period of investors. During the Bitcoin bull market in November and December 2024, long-term holders (LTHs) realized significant potential profits, indicating that some investors sold portions of their Bitcoin holdings to secure gains. Investors with a holding period of 6 to 12 months were the most active in selling Bitcoin. This group primarily purchased Bitcoin at the beginning of 2024 when Bitcoin spot ETFs were launched. Their selling activity may have exerted downward pressure on Bitcoin prices. Despite this, strong demand has kept Bitcoin within the $90,000 to $100,000 range. Investors holding Bitcoin for over a year showed minimal selling activity during this period.

According to Odaily, U.S.-listed company KULR has launched a Bitcoin reserve, investing $21 million to acquire approximately 217 Bitcoins. Earlier this month, KULR announced that its board of directors had approved Bitcoin as a primary asset in its financial strategy. KULR is known for providing advanced energy storage solutions for the space, aerospace, and defense sectors.

According to Odaily, market reports indicate that ProShares Bitcoin Strategy ETF fell by 3.7% in pre-market trading, while iShares Bitcoin Trust experienced a 4.4% decline.

According to BlockBeats, Dan Morehead, the founder of Pantera, highlighted in a recent interview that the perception of Bitcoin has significantly evolved since 2013. Back then, there were widespread concerns about regulatory crackdowns on Bitcoin, largely fueled by negative media coverage focusing on events like the Silk Road. However, Morehead asserts that the situation in 2024 is markedly different, with Bitcoin having reached what he describes as 'escape velocity,' indicating a level of acceptance and stability that prevents regression. In 2013, the narrative surrounding Bitcoin was predominantly negative, overshadowing its potential benefits. The media's focus was primarily on the Silk Road, a dark web marketplace, which contributed to a skeptical public perception. Despite these challenges, Bitcoin has managed to establish itself as a significant player in the financial landscape over the years. Morehead also pointed out a significant economic shift in the United States over the past decade. He noted that while most Americans are under the age of 40, a substantial portion of the wealth generated by the Federal Reserve and Congress's monetary policies in the last three years has disproportionately benefited those over 70. This trend represents a considerable transfer of wealth from younger to older generations.

Bitcoin (BTC) has shown signs of resilience, with derivatives and margin data suggesting bullish sentiment despite recent price volatility. After rebounding 6.5% from a Dec. 23 low of $92,458, BTC is gearing up to retest its $98,000 resistance and potentially rally to $105,000.Key Highlights:Strong Derivatives Demand:Bitcoin futures maintain a 12% premium over spot prices, reflecting robust demand for leveraged long positions.Options market data shows put options trading at a 2% discount compared to call options, indicating minimal fear of a correction.Traditional Market Influence:The S&P 500 erased its December losses, and 10-year Treasury yields rose to 4.59%, hinting at market optimism.Higher Treasury yields reflect inflation expectations, benefiting scarce assets like Bitcoin during liquidity injections.Margin Markets Favor Long Positions:The long-to-short margin ratio at OKX stands at 25x, underscoring bullish positioning. Historical trends show ratios above 40x signal overconfidence, while levels below 5x indicate bearish sentiment.Economic Uncertainty and Stagnation Fears:Bitcoin's (BTC) correlation with the S&P 500 remains high at 64%, as concerns over economic stagnation weigh on sentiment.The Federal Reserve scaled back rate-cut projections for 2025, easing fears of immediate corporate earnings declines and real estate financing challenges.Outlook:Despite economic uncertainties and record outflows from BlackRock’s iShares Bitcoin Trust ETF (IBIT), BTC’s ability to recover from the $92,458 retest reinforces bullish momentum. Market sentiment supports a short-term rally to $105,000, with potential upside beyond this milestone.

Bitcoin (BTC) experienced a sharp 4% price dip on Dec. 26, falling to $95,000 following an erroneous Bitcoin (BTC) dominance chart on TradingView, which falsely showed dominance collapsing to 0%. The glitch triggered a knee-jerk reaction in the markets, resulting in $33 million in BTC-long liquidations within four hours.Key Highlights:Dominance Glitch Sparks Panic:The TradingView error caused widespread confusion, prompting traders to panic sell.Bitcoin dominance has been a crucial metric for traders, with its recent reversal from 61.5% sparking discussions about an upcoming altseason.Liquidation Frenzy:Monitoring resource CoinGlass recorded $33 million in liquidations of BTC longs.The reaction underscores the market's sensitivity to dominace data amid thin holiday trading conditions.Altcoin Momentum Anticipated:Analysts, including Aqua and Michaël van de Poppe, predict altcoins could soon outperform Bitcoin.Altcoin market cap is currently $1.5 trillion, far below the $10–15 trillion peak valuation seen in the Dotcom bubble, suggesting significant upside potential.Bullish Q1 Outlook for Bitcoin:Traders like Eljaboom and Xoom anticipate a bullish breakout for Bitcoin in Q1 2025.A "measured move" from current patterns could push BTC to the $110K–$130K range, with $120K as a realistic short-term target.Despite the volatility, market sentiment remains optimistic, with traders positioning for potential gains in both Bitcoin (BTC) and altcoins in the coming months.

Binance’s Bitcoin reserves have dipped below 570,000 BTC, the lowest since January 2024. Historically, similar dips preceded major price surges, raising questions about a potential rally. Bitcoin's price currently sits at $98,680, possibly reaching $187,500 if the January-to-March trend repeats.Key Insights:Investor Confidence:The decline in reserves suggests long-term confidence, with investors moving Bitcoin to cold storage.In January 2024, reserves hit similar lows, followed by a 90% price surge to $73,679 in March.Bitcoin Dominance at 58.4%:Bitcoin’s dominance hovers near 60%, a critical threshold that could signal altcoin rotation if exceeded.Analysts expect a resurgence in dominance post-Christmas, aligning with potential market liquidity.Price Outlook:Bitcoin has struggled to maintain its $100,000 psychological level since Dec. 19.Analysts, including Ryan Lee of Bitget Research, forecast a trading range of $94,000 - $105,000 this week, with a rally likely after the holidays, according to Cointelegraph.

Ki Young Ju, the founder and CEO of CryptoQuant, highlighted on the X platform that Bitcoin whale accumulation has become a regular feature of the market, reflecting the dominance of institutional and high-net-worth investors in the current bull cycle.Key Insights:Whale Accumulation as the Norm:Reports of whales accumulating Bitcoin, which once triggered significant market reactions, are now viewed as routine events.Retail investor participation in Bitcoin has decreased, with whale capital taking the lead.Bull Market Continuation:On-chain data reveals $7 billion in weekly capital inflows into Bitcoin markets, signaling strong bullish momentum.While corrections may occur, analysts predict limited pullbacks of less than 30%, consistent with bull market trends.Market Sentiment:Despite the ongoing bull cycle, concerns about whether Bitcoin is entering a bubble persist.Analysts emphasize that on-chain data reflects strong market conditions, contrasting with bearish predictions.

On Dec 26, 2024, 08:33 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 96,000 USDT and is now trading at 95,932.296875 USDT, with a narrowed 2.31% decrease in 24 hours.

According to Binance Market Data, Bitcoin (BTC) dropped below 97,000 USDT and is now trading at 96,944.929688 USDT, with a 1.08% decrease in 24 hours.

According to Binance Market Data, Bitcoin (BTC) dropped below 98,000 USDT and is now trading at 97,887.992188 USDT, with a 0.18% decrease in 24 hours.

According to Odaily, on-chain analyst Ali reported on the X platform that more than 33,000 BTC were sent to exchanges over the past week, amounting to over $3.23 billion.

According to Odaily, CryptoQuant CEO Ki Young Ju recently highlighted on the X platform that whales are accumulating Bitcoin through privacy transactions. Over the past two years, the annual average number of CoinJoin transactions has surged. While some attribute this increase to hackers laundering money, a Chainalysis report indicates that this year's hacker losses total $2.2 billion, which is less than 0.5% of Bitcoin's $377 billion realized market value inflow. In 2024, 1.55 million BTC flowed into accumulation addresses, primarily linked to ETFs, MicroStrategy, and custodial wallets. Whales frequently use privacy transactions to transfer funds to new institutional investors. Beyond publicly disclosed holdings, it remains unclear who has accumulated approximately 240,000 to 420,000 BTC.

According to BlockBeats, on December 26, CryptoQuant analyst Joo Hyun Ryu reported that the 'Kimchi Premium' has reached a local high of 5.12, indicating strong demand for Bitcoin among South Korean investors. Ryu explained that the recent sharp market adjustment appears to be attracting new investors, as data shows that the proportion of short-term holders, those holding for less than three months, increased by 3 percentage points within just one week.