$DF $DF 大幅下跌從 0.0809 陡降至 0.0737 USDT，下降幅度達 -8.86% 空頭完全掌控， | 幣安廣場上的 Sudip_07

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$DF  $DF 大幅下跌
從 0.0809 陡降至 0.0737 USDT，下降幅度達 -8.86%
空頭完全掌控，將價格壓低。
會繼續下跌，還是會反彈？
市場不可預測，請保持警惕
#BinanceAlphaAlert  #BTCXmasOrDip?  #XmasCryptoMiracles  

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Recent data reveals that institutional investors now own about 20% of all Bitcoin-based exchange-traded funds (ETFs) traded in the US. BlackRock's iShares Bitcoin Trust ETF (IBIT) leads in total BTC held by institutions with over 71,000 BTC, despite its institutional adoption rate being below average at 18.38%. Grayscale's GBTC follows with 44,707.89 BTC held by institutions, representing 20.25% of its shareholders, while Fidelity's FBTC ranks third with 44,623.23 BTC and a 24.14% institutional ownership rate. ARK 21Shares' ARKB boasts the highest institutional adoption, with 32.8% of its shares owned by asset managers, equivalent to 17,166 BTC. At the other end, Grayscale's Bitcoin Mini Trust has the lowest institutional participation at 1.52%, and the CoinShares Valkyrie ETF (BRRRR) records the smallest absolute holdings of 451.26 BTC among institutions. Leaked information has revealed that BlackRock, the world's largest asset manager, is in talks to buy a stake in the ‘king’ of bitcoin spot exchange-traded fund (ETF) holders. $BNB

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#Crypto2025Trends The precedent set by these approvals has opened the door for future ETF filings for other cryptocurrencies. There are currently over 10 ETF applications pending review by the SEC for assets like Solana (SOL), XRP, and others, signaling the potential for expanded institutional interest in a broader range of digital assets. These developments could drive further adoption and price momentum across the cryptocurrency market.Donald Trump's 2024 victory has proven to be a game-changer for the cryptocurrency market. Trump’s pro-crypto stance and open discussion of using Bitcoin as a potential tool to repay US debt have significantly bolstered market confidence. This bold vision aligns with his broader agenda of pro-business and deregulation policies, fueling optimism among traders and institutional investors alike. Following his election win, Bitcoin surged past the $100,000 milestone. Investors anticipate that Trump’s administration will adopt crypto-friendly policies, driving further adoption and fostering innovation in the blockchain space. His victory has also sparked discussions about the potential of integrating cryptocurrencies into broader economic frameworks, creating a favorable environment for digital assets to thrive. $BTC $BNB

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$TIA Let's see pump

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#XmasCryptoMiracles The paper aims at estimating the economic use value, primarily recreational, of a particular outdoor recreation activity, the Christmas market in Meran, Italy. Valuations based on revealed preferences are derived from the prices paid for goods or services. To infer the value derived from the direct use or interaction with cultural services for recreation purposes, we apply a travel cost model (TCM), which has been used to value non-market goods and outdoor events (Armbrecht, 2014, Bedate et al., 2004, Poor and Smith, 2004). A misspecification arises if individuals’ trips consist of different trip purposes. In case of ignoring this misspecification bias may occur. This is why the study includes visitors whose aim is to visit the Meran Christmas market and focuses on estimating the economic value of the event in terms of consumer surplus. The novelty of the study is the attempt to estimate the economic or social value (consumer surplus) of the Christmas market as distinct from the economic impact that is a change in expenditure that could be assessed via other methodologies (e.g., input–output analysis). In Section 2, we discuss previous studies on Christmas markets, and in Section 3, we provide an overview of the travel cost method. In Section 4, we describe the Meran Christmas market and the survey methodology and present key socio-demographic characteristics of respondents. In Section 5, we provide additional details about the modeling process and focus on the important role that authenticity plays, as highlighted in the literature, in the decision to attend the Christmas market. In Section 6, we present the results and the computation of the consumer surpluses. Finally, in Section 7, we conclude.

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In recent years, a visit to a Christmas market has become a Christmas tradition for many Europeans (CRR Research, 2014). In 2014, there were 157 main Christmas markets and 2634 smaller markets in Europe, which attracted 493.7 million visitors who spent £4450.4 billion (CRR Research, 2014). A Christmas market is a street market with market stalls selling Christmas decorations, local traditional food and drinks, artisan products, toys, and other local traditional products related to Christmas. A Christmas market is not only a shopping occasion but also provides an experience for the whole family with the site especially decorated for Christmas, music, performances, and other features aiming to create a Christmas atmosphere. Not surprisingly, most of the research related to Christmas markets has investigated visitors’ expenditures (e.g., Brida et al., 2013a, Brida et al., 2013b, Brida and Tokarchuk, 2015). The main goal of these studies is to understand what makes visitors spend and to increase their spending to increase economic value of the event to the hosting community. However, Christmas markets are an event that creates value for the visitor as well. Research has shown that tourists attend Christmas markets in order to relax, enjoy the Christmas atmosphere, spend time with family and friends, and sample local products (Brida, Disegna, & Osti, 2012). Shopping is generally a secondary motivation for tourists attending Christmas markets. The growing importance of Christmas markets in the tourism industry has created the need to estimate the value for visitors of the experience at a Christmas market that goes beyond a mere shopping occasion. In recent years, a visit to a Christmas market has become a Christmas tradition for many Europeans (CRR Research, 2014). In 2014, there were 157 main Christmas markets and 2634 smaller markets in Europe, which attracted 493.7 million visitors who spent £4450.4 billion (CRR Research, 2014). #ReboundRally

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