Daily Market Briefing
2024/07/19 12:00 UTC+8
2024/07/19 12:20 UTC+8
Analyst Views
"A survey poll in the Mt.Gox subreddit of the Reddit community showed that about 260 Mt.Gox creditors (56% of the 467 survey participants) plan to continue holding Bitcoin after receiving compensation, and only 88 respondents (about 20% of all survey members) said they would sell all the BTC paid out. This survey may reflect the overall sentiment of investors on the Mt.Gox subreddit." - CoinTelegraph
“Information for several Ethereum ETFs has been added to Bloomberg terminals. These include ETHW from Bitwise, CETH from 21Shares, and FETH from Fidelity. Other funds will likely be added tomorrow and Monday, with trading still scheduled to begin next week.” - James Seyffart, Bloomberg analyst
“Bitcoin retail demand is currently at a 3-year low, as measured by the 30-day change in total transaction volume below $10,000.” - Ki Young Ju, CEO of CryptoQuant
Market Hotspots
Yesterday, the U.S. Bitcoin spot ETF had a total net inflow of US$85 million, marking the tenth consecutive day of net inflow.
Today's Fear and Greed Index (FGI) is 60, still in a greedy state.
A user purchased 100,000 call options at the end of the year, totaling 1,250 BTC, and paid a premium of US$4.737 million.
