OKX-BTC/USDT is currently trading at $95150.00, a decrease of 2.97% in 24 hours. Please pay attention to market fluctuations.
Crypto market research firm Santiment stated in an article on X platform that the trading volume in the cryptocurrency sector will significantly decrease in the last few days of 2024. Overall, the trading volume in the past week has decreased by 64% compared to the previous week (including the historical peak of Bitcoin). The downward trend in trading, especially speculative altcoin trading, is not surprising. With the arrival of holidays and traders organizing year-end finances, the last week of December is usually one of the least active periods of the year. In summary, if whales continue to show a strong accumulation trend, the lack of retail participation may actually lead to at least one unexpected 2024 surge that retail investors pay little attention to.
Galaxy Research releases 2025 forecast report, covering Bitcoin and Ethereum prices DOGE、 Stablecoins DeFi、L2s、 Policies, VC, etc. Specifically, as follows: Bitcoin is expected to surpass $150000 in the first half of the year and test or reach $185000 in the fourth quarter of 2025. By 2025, the asset management scale of US spot Bitcoin ETP will exceed 250 billion US dollars. In 2025, Bitcoin will once again become one of the best performing risk adjusted assets among global assets. At least one top wealth management platform will announce recommendations for a 2% or higher Bitcoin allocation. Five Nasdaq 100 index companies and five nation states will announce the addition of Bitcoin to their balance sheets or sovereign wealth funds. Bitcoin developers will reach a consensus on the next protocol upgrade by 2025. By market capitalization, over half of the top 20 publicly traded Bitcoin miners will announce a transformation or establish partnerships with hyperscale providers, artificial intelligence, or high-performance computing companies. Bitcoin DeFi (identified as the total amount of BTC locked in DeFi smart contracts and stored in staking agreements) will almost double by 2025. The trading price of Ethereum will exceed $5500 by 2025. The Ethereum staking rate will exceed 50%. In 2025, the ETH/BTC ratio will be below 0.03, but by the end of the year it will be above 0.06. By 2025, L2 as a collective will generate more economic activity than Alt L1. As on chain applications distribute at least $1 billion in nominal value from the treasury and revenue sharing to users and token holders, DeFi will enter the 'dividend era'. On chain governance will see a revival, and applications will attempt future governance models. By 2025, the world's four major custodian banks will manage digital assets. At least ten stablecoins supported by TradFi partners will be launched. By 2025, the total supply of stablecoins will double to over $400 billion. Tether's long-standing market dominance will fall below 50%, challenged by revenue substitutes such as Blackrock's BUIDL, Ethena's USDe, and even USDC rewards paid on Coinbase/Circle. The total capital of cryptocurrency venture capital will exceed $150 billion, a year-on-year increase of over 50%. The stablecoin legislation will be passed in both houses of Congress and signed by President Trump in 2025, but the market structure legislation will not. The US government will not purchase Bitcoin in 2025, but will use its existing holdings to establish reserves. Various departments and institutions will also take action to study policies for expanding Bitcoin reserves. The US Securities and Exchange Commission will launch an investigation into Prometheum, the first so-called 'special purpose broker dealer'. Dogecoin will eventually reach $1, and the market value of the world's largest and oldest memecoin will reach $100 billion.
Odaily Planet Daily News: Nate Geraci, President of The ETF Store, disclosed in an article on X platform that Volatility Shares has submitted an application to US regulators to launch a Solana futures based trading open-end index fund (ETF) covering 1x, 2x, and -1x leverage exposure.
1. The hawkish stance of the Federal Reserve has made Bitcoin traders cautious, preventing the post election rally. Bitcoin recorded its first weekly decline since Trump's victory in early November. 2. The US Internal Revenue Service has finally determined controversial tax rules that require "DeFi brokers" to collect user transaction information. 3. Bitget announced the destruction of BGB worth over $5 billion, with BGB rising over 5.8% in the short term. 4. Strike Asset Management, co founded by politician Vivek Ramaswami in the administration of US President elect Donald Trump, has applied for a Bitcoin Bond ETF. 5. Ethereum co-founder Vitalik Buterin "adopted" virus hippopotamus Moo Deng and donated 10 million Thai baht to Khao Kheow Zoo. 6. BlackRock's Ethereum ETF holdings have increased to over 1.065 million ETH. 7. Grayscale transfers 700 BTC worth approximately $67.41 million to two addresses. 8. MetaMask launches Gas Station feature, allowing users to use other assets to pay for gas fees. 9. Japan strengthens supervision of unregistered cryptocurrency exchanges and implements stricter regulations. 10. The Bitcoin ETF application shows strong investor interest, and institutional investors' acceptance of Bitcoin is accelerating. 11. Korean investors buy BTC and USDT at a premium of 3 to 5% to avoid a sharp drop in the Korean won. 12. The total holdings of OKX options have decreased by 33.4% in the past 24 hours, and the activity of the options trading market has decreased. 13. CME Federal Reserve Observation: The probability of the Federal Reserve cutting interest rates by 50 basis points in September 2024 is 22%. 14. DuckChain releases AI roadmap to accelerate large-scale adoption of blockchain. The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/436622
Odaily Planet Daily News: According to Arkham monitoring data, a total of 1790.374 ETH flowed into the Grayscale Ethereum Mini Trust Fund from Coinbase Prime hot wallet addresses this morning, with a value of approximately $5.93465 million.