BTC breaks through the $96000 mark
OKX-BTC/USDT is currently trading at $96048.60, with a 24-hour increase of 1.13%. Please be aware of market fluctuations.
Odaily Planet Daily News: aiPool announced in its Telegram community that someone has paid DEX fees and set up a wallet drawer before us, please be careful of the risks.
According to Vetle Lunde, head of K33 research, on December 25th, based on data from the past three cycles of Bitcoin, the average duration of Bitcoin's historical high from the first to the last in each cycle is 318 days. As Bitcoin reaches its first historical high on March 5th of the current cycle, if the average duration of previous cycles repeats, investors may see the cryptocurrency reach a new peak for this cycle on January 17, 2025. If Bitcoin really reaches its cyclical peak in mid January next year, it will be close to Trump's inauguration ceremony as the President of the United States on January 20th. Trump's victory has been the catalyst behind Bitcoin's strong rebound in the fourth quarter, and given that the political process may take time to materialize, Trump's inauguration ceremony will mark a natural end to this momentum, "Lunde wrote in a recent report. Lunde pointed out that based on estimates of peak prices in previous cycles, Bitcoin may reach a peak of $146000 in this cycle. He added that when using previous market capitalization as a reference, Bitcoin may reach a peak of $212500 this cycle.
Odaily Planet Daily reported that BlackRock IBIT and Fidelity FBTC currently hold nearly $50 billion worth of BTC.
Foresight News, according to Yonhap news agency, the data submitted by Lin Guangxuan, a representative of the Democratic Party of Korea and a member of the National Planning and Finance Committee, showed that by the end of November, the number of South Korean digital asset investors had reached 15.59 million, an increase of 610000 compared with the end of October, more than 30% of the South Korean population. The total amount of digital assets held was 102.6 trillion won (about 70 billion dollars), and the amount of deposits (that is, funds not invested in digital assets and stored in exchanges) was 8.8 trillion won (about 600 million dollars). The data refers to the number of investors who have accounts on the five major exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, and Gopax), so there may be duplicates when the same person has accounts on multiple exchanges.
Odaily Planet Daily News: According to a recent report by MV Global, DeSci is expected to achieve significant growth by 2025, driven by the practical use of Meme coins. DeSci involves integrating blockchain technology into scientific research, with the goal of fundamentally changing traditional scientific ecosystems through increased transparency, decentralization, and collaboration. The report emphasizes that although such concepts are not new, the focus and scope of these measures have changed. Initially, most projects focused on research funding through DAO. Examples worth noting include VitaDAO, HairDAO, and AxonDAO, which are still influential participants in the DeSci field. However, since then, the industry has undergone significant changes and shown a trend towards diversification. The report focuses on about 30 active projects with various use cases, including research funding, health data management, and open source research initiatives. The report points out that this diversity reflects the increasing maturity and adaptability of the DeSci ecosystem. The report points out that the Rifampicin and Urolithin A projects have received significant attention, achieving market values of approximately $73 million and $59 million, respectively. These tokens are traded through Pump The Science platform has launched, and according to MV Global's evaluation, they have more practicality than traditional Meme coins. MV Global expects Pump Science will achieve large-scale expansion by 2025, with at least 10 projects expected to have a market value exceeding $100 million by the end of the year. MV Global also predicts significant growth in health data management and collaborative open source research by 2025. For example, Hippocrat, which empowers individuals with the ability to control their health data, and ResearchCoin, which aims to build a "scientific research GitHub," are both seen as promising projects. It is expected that by 2025, the market valuation of both projects will reach at least $200 million.