✨ Bitwise ETF Bitcoin Standard Corporations…

The fund will own shares of companies that have adopted the "standard #биткоина ," which they define as having at least 1000 BTC in corporate treasury.

The virus of BTC treasury operations is spreading.

In the coming weeks, there is a likelihood of further price decline for #биткоина , which is related to changes in investor sentiment regarding risks, believes Andrei Dragosh, head of the research department at Bitwise in Europe.

The deterioration of the macroeconomic situation has led to increased interest from investors in traditional U.S. government bonds, while the attitude towards risky assets, such as bitcoin, has become more cautious. Furthermore, the Federal Reserve is wary of a repeat of the double peak inflation situation of the 1970s-1980s, which compels it to refrain from further aggressive interest rate cuts, according to the expert.

The Fed finds itself in a difficult position as financial conditions continue to worsen despite three consecutive rate cuts made since September. At the same time, real consumer price inflation figures have once again shown growth to record levels in recent months.

In the News+ format, we have gathered analysts' opinions on target levels for bitcoin in the event of its continued decline.

The Board of Directors of MicroStrategy plans to carry out an additional issuance of the company's shares to raise capital for the acquisition of #биткоина . Shareholders will be presented with separate amendments for voting, which propose:

increasing the number of Class A common shares from 330 million to 10.3 billion; increasing the number of preferred shares from 5 million to 1 billion.

Glassnode claims that the bullish cycle #биткоина demonstrates reduced volatility compared to previous cycles.

The largest drop in this cycle was -32% (August 5, 2024), with most corrections around -25%.

Market capitalization of #биткоина reached 14% of the value of gold, which has become a new historical maximum in the race with the precious metal.

Based on data on the volume of exchange transactions on both spot and derivatives exchanges, the peaks of exchange transactions, marked by red circles, precede sharp price changes or coincide with them.

The first peak in 2017 coincides with the historical price increase of #биткоина , and the second peak around 2021 coincides with another significant price movement.

And the volume of transactions has significantly decreased recently, indicating lower trading activity compared to previous years.

The MVRV ratio of #Биткоина reaches 2.69.

Historically, readings above 2.5 have signaled a strong bullish phase, while readings above 3 have signaled market peaks

#биткоина 's dominance exceeded 55% for the first time since April 2021.
#BTC $BTC

#Коэффициент liquid stocks #биткоина reached a historical low.

Sell-side liquidity is currently well below historical levels relative to demand.
#биткоин #bitcoin

📊 The #биткоина rate exceeded $62,000 amid the speech by US Federal Reserve Chairman Jerome Powell, but quickly rolled back.

Powell said that inflation is "on track for 2%" (the latest CPI fell to 2.9%).

Investors expect the key rate to be cut by 100 bps by the end of 2024.

#ФРС

The private keys on the #биткоина network won't be hacked anytime soon using a quantum computer, Cointelegraph reported, citing expert opinions.$ALPHA $APT $CTK

In October, the "world's first effective attack" on the Present, Gift-64, and Rectangle algorithms using a quantum computer was reported. They represent the SPN structure that underlies the Advanced Encryption Standard (AES), which is used in military and financial sectors.

The breakthrough poses a "real and significant threat" to the long-used password protection mechanism used in critical sectors, the researchers said.

There are no details yet about the hack, but if the information is confirmed, it is a "step forward" in the evolution of quantum computing, according to Marek Narozniak, a physicist with experience in this field.

It is difficult to say from the available data how vulnerable password protection mechanisms used in many industries, including cryptocurrencies, have become, said Massimiano Sala, professor and head of the cryptography laboratory at the University of Trento.

The likelihood of a rally in Q4 2020 is “extremely high,” with the most significant gains coming early, according to 10x Research founder and CEO Markus Thielen. “With Bitcoin above $65,000, we expect a quick move to $70,000, followed by new all-time highs in the near future,” the analyst said.