Placeholder Partners: Market correction after the Fed FOMC meeting, don’t over-trade
Chris Burniske, partner at Placeholder, said in a post on X: “If you’re upset that you didn’t sell before the market correction after the Fed’s FOMC meeting, please understand that you don’t actually have much of an advantage in predicting the market’s reaction.
Take this experience as an opportunity to slow down. Don't over-trade. In the long run, just be patient and you'll be fine.
Galaxy CEO: BTC market value will surpass gold in 5 to 8 years, and the price will reach $1 million
Mike Novogratz, founder and CEO of Galaxy Digital, believes that with the record growth momentum of cryptocurrencies, Bitcoin may match and eventually surpass gold's market value to $1 million in five to eight years.
Novogratz made the prediction in response to an article by Galaxy head of research Alex Thorn, which highlighted that Bitcoin’s market capitalization has reached 14% of gold’s $17.8 trillion — a record high.
Thorn’s analysis was accompanied by a chart showing Bitcoin’s increasing share of gold’s market capitalization, highlighting Bitcoin’s accelerating growth.
BlackRock: Recommends gold and Bitcoin as a supplement to bond investments
BlackRock said in a report that government bonds are no longer a reliable buffer against sell-offs in risky assets such as stocks, and investors should consider using gold and Bitcoin as a supplement to bond investments. Economies are undergoing a transformation that may continue to change long-term economic trends.
Bonds are not necessarily a shield against a stock market sell-off in the face of rising inflation. Bonds no longer allow a portfolio’s risk to be reliably diversified across a wide range of potential outcomes and scenarios.
This requires us to rethink diversification. Therefore, investors should consider new diversification tools such as gold and Bitcoin, although they will not replace bonds.
Matrixport: Bitcoin will surge 150% in 2024, and a bull market is expected in 2025
Matrixport data shows that as the Bitcoin ETF successfully attracted new investors, Bitcoin performed strongly in 2024, with an increase of 150% for the whole year.
From a risk management perspective, Bitcoin has shown a significant upward trend throughout the year. In February, it rose as much as 44%, the best performance of the year, while in April it fell only 15%, recording a record high in only 5 months of the year. Negative returns.
It is worth noting that Bitcoin's volatility is mainly biased to the upside, in line with investor expectations, laying the foundation for a strong start in 2025. Many investors therefore look back at the beginning of 2024 and lament that they failed to increase their investment efforts.
Pantera Capital founder supports Trump's proposal to establish a strategic Bitcoin reserve
On December 18, Dan Morehead, founder and managing partner of hedge fund and venture capital firm Pantera Capital, recently discussed the evolving landscape of cryptocurrency adoption in the United States and potential changes in the coming year on CNBC (Fast Money).
During the interview, Morehead addressed President-elect Trump’s proposal to establish a strategic Bitcoin reserve and expressed strong support for the move.
He said: “I think this is actually a very important thing. When you are the world’s reserve currency, you don’t need to hold other currencies.” Morehead elaborated on the current state of U.S. reserves, noting: “The United States has no other currency.
It stores $600 billion in gold, which is a staggering amount. That's the equivalent of 11 million American workers' wages for a year, so that's a little crazy." He advocated for a transition to digital assets, saying: "Move to digital gold. Bitcoin is much better, so I think it makes perfect sense.
“The U.S. already owns 1% of all bitcoin in the world. Keep that percentage, increase that percentage,” Morehead said, highlighting the government’s existing holdings.
So I think it's a really good policy. There are several countries that already have Bitcoin. It would be great if the United States could lead the way.
“He Yi: Most memes will return to zero, Binance will put hundreds of hot projects into the Binance Alpha observation area
On December 18, Binance co-founder He Yi said in X Spaces that a few memes will survive, but most memes will return to zero.
Whether it is VC coins or Memes, we have a list of hundreds of hot projects, but the token economic models of some projects have some problems, and some platform data will be inflated. For these projects, we have also heard some rumors of insider trading during the continuous observation process.
Therefore, we will put these hot projects in Binance Alpha (observation zone). Projects entering the observation zone are not guaranteed to be listed on Binance. A project can only generate income and profit when it is beneficial to society, and it is possible to share the benefits with users.
BlackRock Ethereum Spot ETF holds over 1 million ETH, worth over $4.04 billion
According to Lookonchain, BlackRock’s iShares Ethereum Trust ETF currently holds more than 1 million ETH, totaling 1,025,378 ETH (about $4.04 billion)
