yoren

@dvg

1131 Following

840 Followers

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According to Cointelegraph, in 2024, the transaction volume settled through the Bitcoin network will exceed $19 trillion, more than double the $8.7 trillion settled through the network in 2023, reversing the trend of declining transaction volume since 2021. According to Pierre Rochard, Vice President of Research at mining company RiotPlatforms, Bitcoin trading volume peaked at around $47 trillion during the bull market in 2021 and sharply declined in 2022 and 2023. @ftihvb

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You don't have time to be timid. @tifelove

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CME Group, a derivatives market, has released market statistics showing that the daily average trading volume for 2024 will reach 26.5 million contracts, with cryptocurrency trading increasing by 203% to approximately 117000 contracts ($6.8 billion), including: 1. Micro Bitcoin futures with an annual daily average trading volume of 48000 contracts; 2. The annual average daily trading volume of micro Ethereum futures reached 41000 contracts; 3. The annual average daily trading volume of Bitcoin futures reaches 16000 contracts; 4. The annual average daily trading volume of Ethereum futures reached 6400 contracts. @gyoju

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It's a good thing to like someone. @eeieichinger86

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According to SpotOn Chain monitoring, from December 23 to 27, 2024, BTC inflows amounted to $377.6 million, ETH inflows amounted to $349.3 million, and BTC ETFs experienced fund outflows in three out of four trading days. It is worth noting that this week BlackRock IBIT experienced its largest capital outflow since its launch (- $188.7 million). On the other hand, ETHETF experienced net inflows on all four trading days, with no outflows on three of them. @ftor36 @sewingbee

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Don't wait to be lonely to recognize the value of a friend. @addef

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Bitcoin remained above $96000, with ETF inflows of $475 million, indicating an increase in institutional confidence. Meanwhile, investors are turning to AI and DeFi tokens to drive the growth of emerging cryptocurrency assets. Analysis indicates that with the improvement of macroeconomic conditions and the decline in inflation, the risk asset environment is improving, and it is expected that Bitcoin's future trend will still be attractive. @ftiioma

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A good plan today is better than a perfect plan tomorrow. — Wag the Dog @tifjb

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According to the Congressional Hill, billionaire Elon Musk hinted on social media on December 6th that he will not use his growing influence in the Trump administration to harm or retaliate against industry competitors. The Capitol Hill reported that Altman, CEO of OpenAI, an American artificial intelligence company, and Bezos, founder of Amazon, said this week that they believed that Musk would not abuse his relationship with President elect Trump to strengthen their competitive position. On the 6th, Musk responded to the related post on his social media platform X by saying, 'They are right.'. @tfisabilillah

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Former New York Federal Reserve Chairman Bill Dudley stated that since Trump won the US presidential election, the price of Bitcoin has risen by over 40%, partly due to hopes that he will support the establishment of government reserves for this cryptocurrency. He supported this idea during the campaign, and lawmakers who support cryptocurrency have also proposed ways to achieve this goal. It is hard to imagine what good this will do to most Americans. @ftor26

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Genius is an infinite capacity for taking pains. @sewala1999

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According to Cryptoslate, the Central Bank of Brazil (BCB) has announced a regulatory proposal to prohibit centralized exchanges from allowing users to withdraw stablecoins into their self preservation wallets. According to a public consultation notice, the transfer of stablecoins (known as "foreign currency denominated tokens") between residents will be restricted in Brazil, where foreign currency payments are already allowed by law. This move is part of Brazil's crypto regulatory bill approved in December 2022, which designates the BCB as responsible for formulating rules for the country's crypto industry. The public consultation will continue until February 28, 2025, and market participants can share their opinions with regulatory agencies. However, BCB can overturn the opinion and act as described in the document. @tidcch

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According to TheBlock, the historic success of Bitcoin and Ethereum ETFs in 2024 can be considered the biggest news for cryptocurrency and traditional financial markets this year. With a cryptocurrency friendly White House, can this year's success lead to the emergence of Dogecoin spot ETFs by 2025. ETFStore President Nate Geraci stated, "I believe that under the leadership of the new government, everything is within the scope of discussion. I hope the new government will take swift action to designate which cryptocurrency assets are securities and which are not. Once this framework is in place, the approval path for other cryptocurrency spot ETFs should become clearer." Cryptocurrency analyst Louis Sykes said, "I am very confident that we will see SolanaETF trading in the first half of 2025, and the possibility of DOGE is much smaller. Wall Street prefers assets that were not born as Memes. @fyihj

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According to Reuters, Trump has promised to establish a new committee as part of a crypto friendly government. Insiders say that his transition team is discussing how to build and equip the committee, as well as which companies should be included. According to multiple executives in the digital asset industry, numerous cryptocurrency companies such as Ripple, Kraken, and Circle are vying for seats on the cryptocurrency advisory committee promised by President elect Trump, seeking a say in his planned US policy reforms. Trump has won industry support and campaign donations by promising to become a "crypto president" and ending Biden's crackdown on cryptocurrency companies accused of violating securities and anti money laundering laws by regulators. Trump is also pushing for an executive order to ensure that cryptocurrency companies can access banking services, end enforcement actions against them, and make other changes. @ftogghvvb

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Do something today that your future self will thank you for. @drewcoffman.eth

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According to Arkham monitoring data, approximately 20 minutes ago, 1508 ETH flowed from the CoinbasePrim hot wallet address into the Grayscale Ethereum Mini Trust Fund, worth $4.99 million @goyagood

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To laugh at yourself is to love yourself. @sewijuga

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US President elect Trump and JPMorgan CEO Jamie Damon made it clear on Thursday that they will not work together in the government. Damon said, "I wish the President all the best. I haven't had a boss in 25 years and I'm not ready to have one now." It is reported that this is Damon's first public statement since the US election. About 30 minutes before Damon's speech, Trump posted on TruthSocial to clarify rumors: "I greatly respect Jamie Damon of JPMorgan Chase, but he will not be invited to join the Trump administration. Thank you for Jamie's outstanding service to our country." So far, Trump has basically enriched the cabinet with his closest supporters and eliminated any recent criticisms. @esi84

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According to a report by Golden Ten, UBS Global Wealth Management stated that the recent strength of the US dollar may not continue after Trump wins the US presidential election. Analysts stated in a report that in the medium to long term, the US dollar may weaken. The policies proposed by Trump are expected to widen the dual deficit and weaken the long-term attractiveness of the US dollar. They suggest that Trump may not be able to implement policies that boost the dollar and may seek lower yields and a weaker currency. At the same time, they said that the market has gone too far in reducing the expectation of the Federal Reserve to cut interest rates, and the "overshoot" of the US treasury bond bond yield may decline with the dollar. UBS expects that by December 2025, the euro to dollar exchange rate will rise from the current 1.0573 to 1.12. @ruruno

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The new generation stablecoin WUSD continues to expand its coverage on mainstream cryptocurrency trading platforms. The Bitget exchange will launch BTC/USD trading pairs on November 8, 2024 at 18:00 (UTC 8). Bitget previously supported WUSD/USDT trading pairs, and the addition of BTC trading pairs further enriches WUSD's trading options. WUSD is a stablecoin issued by WSPN (Worldwide Stablecoin Payment Network). WSPN is committed to creating safer, more efficient, and transparent payment solutions for the global economy, and is a leading provider of next-generation stablecoin infrastructure. WUSD, as WSPN's flagship product, is pegged 1:1 to the US dollar and aims to optimize a secure and compliant digital payment experience for Web3 users. The concept of "stablecoin 2.0" proposed by WSPN is a next-generation technology solution aimed at enhancing the functionality and user experience of stablecoins.

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