1. Market Watch
Keywords: ETH, ETF, BTC
Robert Kiyosaki recently issued a warning, pointing out that reckless monetary policies and excessive money printing could trigger a market crash, and advising investors to consider Bitcoin, gold, and silver as hedging tools. This view is supported by JPMorgan, which believes that Bitcoin and gold have structural importance in investment portfolios.
Market data shows that despite BlackRock's Bitcoin ETF recording a single-day outflow high of $332.6 million, the overall U.S. Bitcoin ETF still recorded a net inflow of about $908 million, reflecting investors' continued confidence in Bitcoin. Meanwhile, active positioning from the corporate sector continues, with MicroStrategy planning to expand its Bitcoin holdings through a $2 billion stock issuance, while tech company JAN3, supported by Fulgur Ventures and Tether, also secured $5 million in financing to enhance Bitcoin's usability and scalability.
Analysts are optimistic about Bitcoin in 2025, expecting prices to potentially break the $100,000 resistance level, with target prices reaching $125,000. Latest market conditions show that Bitcoin has rebounded from a low of $92,000 to $98,950, demonstrating strong market resilience. However, investors still need to be cautious of risks, as recent cases in South Africa involving Bitcoin funding for terror activities remind us to pay attention to compliance issues.
2. Key Data (As of January 6, 09:56 HKT)
S&P 500: 5,942.47 points (year-to-date +1.03%)
Nasdaq: 19,621.68 points (year-to-date +1.61%)
10-year U.S. Treasury yield: 4.628% (year-to-date +5.20 basis points)
Dollar Index: 108.91 (year-to-date +0.40%)
Bitcoin: $98,653 (year-to-date +5.61%), daily spot trading volume is $17.01 billion
Ethereum: $3,641.46 (year-to-date +8.87%), daily spot trading volume is $12.75 billion
3. ETF Flows (January 3 EST)
Bitcoin ETF: +$908.1 million
Ethereum ETF: +$58.79 million
4. Important Dates (Hong Kong Time)
ISM Manufacturing PMI (January 3 at 23:00)
Actual: 49.3 / Previous: 48.4 / Expected: 48.4
FOMC Minutes (January 9 at 03:00)
Non-farm payroll data (January 10 at 21:30)
Actual: Pending / Previous: 227,000 / Expected: 150,000
Unemployment Rate (January 10 at 21:30)
Actual: Pending / Previous: 4.2% / Expected: 4.2%
5. Hot News
This week's preview | Sonic SVM, Xterio, Seraph will launch TGE; Aptos (APT) will unlock tokens worth nearly $110 million
This week's macro outlook: The Federal Reserve is expected to be more cautious, and non-farm payrolls may add fuel to the dollar
OpenAI announces new products for 2025, including agents and AGI
USD0's market cap surpasses FDUSD, becoming the fifth largest stablecoin by market cap
Vitalik proposes to implement a global 'soft pause button' from a hardware level to replace the dangerous AGI race
Aave governance proposal aims to peg Ethena's USDe to USDT, raising concerns in the community
Vitalik: Many crypto technologies can be applied to the theme areas of d/acc
Artificial Superintelligence Alliance plans to conduct the first destruction of 5 million FET tokens on January 10
Caixin: Bitcoin, FAAMNG, and KOC are the top performing global markets in 2024
Data: Tokens like APT, MOVE, and KAS will see significant unlocking next week, among which APT will unlock approximately $110 million worth
GSR Markets has deposited 6 million FLOCK tokens into CEX
JPMorgan: Expects a record $78 billion to enter the crypto market in 2024, with 28% coming from MicroStrategy's Bitcoin purchases
Hong Kong media: Local banks in Hong Kong have not yet recognized Bitcoin, and employers using Bitcoin to pay wages may violate the Employment Ordinance
ICBC International Chief Economist: Expects the Federal Reserve's rate cut in 2025 to be between 50-75 basis points
WIntermute and Amber Group may act as market makers for VIRTUAL
Base is considering launching tokenized COIN stocks, but is currently in the exploratory stage
The U.S. FDIC does not encourage member banks to use public blockchains like Ethereum
MicroStrategy plans to issue up to $2 billion in preferred stock to increase Bitcoin holdings
Supported by OSL - Hong Kong's largest over-the-counter trading platform, continuously providing regulated digital asset services since 2018.
