Nomura Securities: The US Dollar is Expected to Strengthen in 2025
The global foreign exchange strategy team at Nomura Securities stated in a research report that the US dollar may strengthen in 2025. The team noted that key themes entering next year include the potential difficulty for the Federal Reserve to cut interest rates due to persistently high core inflation in the United States, as well as the tariff policies of elected President Trump. The team added that currencies that may perform poorly in the first half of 2025 could include the Korean Won, Thai Baht, Singapore Dollar, Swiss Franc, and Swedish Krona, while the Indonesian Rupiah, Japanese Yen, and Norwegian Krone may perform slightly better. #opbnb
South Korean domestic crypto exchanges' total assets exceed 1 trillion won for the first time
The total assets held by South Korean domestic virtual asset exchanges have historically exceeded 1 trillion won for the first time. The office of Democratic Party lawmaker Kim Hyun-jung recently revealed that the total assets held by five major virtual asset exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax), including virtual assets and user deposits, reached 1,157,267 billion won by the end of November, a record high. Compared to the level of 650 trillion won at the end of October, this represents an increase of about 50 trillion won in just one month. Analysis points out that this growth occurred due to the significant increase in cryptocurrency prices after Trump won the presidential election, leading to a surge in trading volume. However, experts warn that many of the coins listed on South Korean exchanges are aimed at speculative demand, and investment should be approached with caution. (Daily Economic News) #binancepizza
WBTC's market share in wrapped Bitcoin is 58.26%, exceeding 135,000 coins
According to on-chain analyst @ai_9684xtpa, WBTC's market share in wrapped Bitcoin is 58.26%, exceeding 135,000 coins. Compared to the second place BTCB, it leads by over double, and compared to cbBTC, it leads by more than seven times. #BTC
Viewpoint: The Federal Reserve's interest rate cut expectations have been priced in by the market, and based on historical data, Bitcoin is very likely to maintain its upward momentum.
GCash Cryptocurrency Director Luis Buenaventura stated that since the market has already priced in the Federal Reserve's interest rate cut expectations for this month, this policy adjustment is unlikely to have a direct impact on cryptocurrency prices. However, historical data shows that after Bitcoin experiences a 50% increase within 60 days, there is approximately a two-thirds chance of achieving an additional 35% increase in the following two months, so Bitcoin's upward momentum is likely to continue. Neal Wen, Global Business Development Director at Kronos Research, added that in a low-interest-rate environment, institutional investors tend to view crypto assets as an alternative to traditional investments. Presto Labs research analyst Min Jung pointed out that market focus has shifted to Federal Reserve Chairman Powell's policy speech and the latest economic projections, which will provide important guidance for the direction of monetary policy in 2025. (Decrypt) #crypto2023A
Revolut employees and early investors have sold nearly $1 billion in stock since August
Since August, employees and early investors of the fintech company Revolut have sold nearly $1 billion in stock to cash out, following the company's acquisition of a UK banking license, which valued it at $45 billion. Revolut has twice extended the deadline for its secondary stock sale, initially only allowing existing employees to sell shares, in order to allow some of its early supporters and former employees to cash out part of their holdings. This sale was initiated a month after Revolut obtained its UK banking license, attracting a group of institutional investors, including Abu Dhabi sovereign investor Mubadala, which is participating for the first time. The company's founder and CEO, Nik Storonsky, netted between $200 million and $300 million in the first round of financing. Sources say early venture capitalists cashed out about $500 million in the second round of sales. It added that the total stock sales would exceed $1 billion. Revolut declined to comment. (FT) #binancepizza
TVL of Ethereum liquidity re-staking protocols increased nearly 60 times this year
With the significant increase in demand for the utility of staked assets, the TVL of Ethereum liquidity re-staking protocols grew nearly 6,000% in 2024. According to DefiLlama, on January 1, the TVL of liquidity re-staking on the Ethereum network was approximately $284 million. By December 15, this figure had increased nearly 60 times to $17.26 billion. #SEC
Deribit BTC block options: buying a call option for $115,000 at the end of January next year and selling a call option for $125,000
Deribit Asia-Pacific Business Head Lin Chen stated on X that the largest BTC block options today are: a certain user purchased a call option for $115,000 at the end of January next year, while simultaneously selling a call option for $125,000 for the same period, totaling 237.5 BTC on one side, paying a premium of $935,000. #pepe
A whale deposited 9.5 million MOCA to Bybit, potentially profiting 2.55 million USD if sold.
According to Lookonchain monitoring, after Upbit announced the listing of MOCA, its price rose by about 350%. Two wallets (possibly controlled by the same whale) deposited 9.5 million MOCA (35.5 million USD) to Bybit about half an hour ago. If all are sold, they could profit 2.55 million USD. #ETH
'MON' sold for $487,900 at auction on the Hyperliquid platform
According to ASXN Data, on the evening of December 15, a Token Ticket named 'MON' was sold at auction on the Hyperliquid platform for $487,900, setting a new auction record. GiulioX, co-founder of the Web3 game and IP publisher MON Protocol, hinted in a tweet that he purchased the Token Ticket. It is reported that the next auction will soon begin, with a starting price of $975,900. #BNB
Affected by the news of going online on Upbit, MOCA briefly rose nearly 300%
Affected by the news of going online on Upbit, Bitget's market shows that MOCA briefly surged past 0.41 USDT, currently reported at 0.369 USDT, with a 15-minute increase of nearly 300%. #zachxbt
Total market capitalization of stablecoins exceeds 203 billion USD, reaching a new high
DefiLlama data shows that the total market capitalization of stablecoins exceeds 203 billion USD, currently at 203.196 billion USD, reaching a new historical high; a growth of 1.98% over the past week, and the current market share of USDT is 69.13%. #ETH
COW breaks through 1 dollar, with a 24-hour increase of 52.5%
The market shows that COW has broken through 1 dollar, currently quoted at 0.9777 dollars, with a 24-hour increase of 52.5%. The market is highly volatile, please ensure risk control. #BTC
xAI launches upgraded Grok chatbot, speed increased by three times
Elon Musk's artificial intelligence company xAI has launched an upgraded version of the Grok chatbot, with a new Grok button added on X. This version is three times faster, with improved accuracy and command compliance. (TechinAsia) #crypto2023A
$418 million in Ethereum (ETH) transferred from exchanges brings hope for a $4,000 rebound
The price of Ethereum has been trading within a narrow range, but the large outflow of Ethereum from exchanges has raised hopes for a potential rebound to $4,000 in the near future. #BTC
Ideas for Hardcore Yanjiao Bot Shitcoin Monitoring Notification
The article introduces information about the market capitalization, trading volume, liquidity, etc., of the token 0x9ba06c44115fbb0c0cccd76adbb339f239b9cc33 (symbol VAI), while also providing data on the tax rate, honeypot, and open-source situation of UniswapV2, as well as content related to trading frequency, opening time, risk assessment, etc. #Binance
After Yoon Suk-yeol's impeachment case, the Bank of Korea vows to stabilize the financial market
In its first statement after the passage of Yoon Suk-yeol's impeachment case, the Bank of Korea pledged to stabilize the financial market and emphasized the importance of "continuously implementing" key fiscal and economic measures. The Bank of Korea stated on Sunday, "The Bank of Korea intends to work with the government to use all available policy tools to respond to and prevent the escalation of fluctuations in the financial and foreign exchange markets." The Bank of Korea compared the current situation with the impeachment phases of previous presidents, asserting that "external challenges such as increased uncertainty in the trade environment and intensified global competition are greater." The Bank of Korea stated, "If these external factors overlap with domestic factors, their impact may be amplified." The Bank of Korea called for intervention measures to improve the economy.
Michael Saylor Releases Bitcoin Tracker Information for the Sixth Consecutive Week, Possibly Indicating Another BTC Purchase
MicroStrategy founder Michael Saylor has released Bitcoin Tracker-related information for the sixth consecutive week, stating: "There is too much blue on the SaylorTacker website." (Note: The website marks a green dot on the corresponding date each time MicroStrategy buys BTC, while the BTC price trend line is in blue.) According to previous patterns, MicroStrategy always increases its Bitcoin holdings the day after relevant news is released. #zachxbt
If Bitcoin breaks through $104,000, the cumulative short liquidation intensity on mainstream CEX will reach $915 million.
If Bitcoin breaks through $104,000, the cumulative short liquidation intensity on mainstream CEX will reach $915 million. Conversely, if Bitcoin falls below $101,000, the cumulative long liquidation intensity on mainstream CEX will reach $609 million. #pepe
Former Thai Prime Minister: Bitcoin has become a global trend, urging the government to pilot Bitcoin payments in Phuket and CBDC to solve economic problems
Former Thai Prime Minister Thaksin Shinawatra mentioned the possible trade policy of the Trump administration at the seminar, and said that Bitcoin has become a global trend. He suggested that the government consider trialing Bitcoin payments and using the central bank's stable currency instead of printing money. #opbnb