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@psk

1703 Following

679 Followers

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Forever free like the wind, always fascinated by oneself @seungwooooooo

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@psk According to Coinglass data, CEX has accumulated a net outflow of 16259.30 BTC in the past 7 days, among which the top three CEX with the highest outflow are as follows: CoinbasePro， 8531.92 BTC were released; Binance， 5442.94 BTC were released; OKX， 2631.17 BTC were released. Over the past 30 days, CEX has accumulated a net outflow of 75471.74 bitcoins. @ftogghvvb

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@psk US President elect Trump has appeared online in a New York court regarding the hush money case. According to previous reports, Trump may have been sentenced before taking office as the President of the United States. On January 8th, Judge Allen Gesmer of the New York Court of Appeals rejected President elect Trump's latest request to postpone the sentencing process for his hush money case. Less than two weeks before Trump's inauguration as president, if the sentence is not completed before the start of his second term on January 20th, presidential immunity may postpone the case until he leaves office. The court ruling means that Trump's sentencing is still scheduled for January 10th. However, Trump and his legal team have stated that they will continue to seek legal avenues to postpone or cancel the sentence. @ygoralvesl

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I am a fragile emperor @sewieside

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According to PRNewswire, CME Group, a derivatives market, has released market statistics showing that the daily average trading volume of contracts for the whole year of 2024 will reach 26.5 million. Among them, the daily average trading volume of cryptocurrency contracts will increase by 203%, reaching approximately 117000 contracts (6.8 billion US dollars), including 48000 contracts for micro Bitcoin futures; The annual average daily trading volume of micro Ethereum futures reached 41000 contracts; The annual average daily trading volume of Bitcoin futures reaches 16000 contracts; The annual average daily trading volume of Ethereum futures reached 6400 contracts. @ftiioma

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Daily affairs are routine @seks

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Car trading service provider Cango entered the Bitcoin mining field in November, investing $400 million to acquire 50EH/s of computing power, immediately becoming one of the world's largest miners. The computing power of Bitcoin is currently hovering at 823EH/s. Once Cango's 50EH/s is fully launched, it will provide about 6% of the computing power behind Bitcoin. As a reference, the world's largest listed miner MARA Holdings (MARA) has a computing power slightly above 47EH/s, while the second largest CleanSpark (CLSK) and Riot Platforms (RIOT) have computing power of 32EH/s and 26EH/s, respectively. @ydfhc

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Go and smell the fresh spring @ridgely

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According to Cointelegraph, the cumulative net inflow of US Ethereum spot ETFs reached a new high of over $2.1 billion in December, almost double the inflow in November. The increase in ETF fund inflows is an optimistic signal for the price trend of Ethereum, further supporting asset management giant VanEck's prediction that Ethereum will reach the top of the $6000 cycle by 2025. According to the technical chart, crypto analyst TMV stated that Ethereum has entered a wave of accumulation, which may help the ETH price break through $4400 in the first quarter of 2025, but if it rebounds below $2914, this theory will be invalidated. A spokesperson for Bybit stated that the price of Ethereum may rise above $4000 before Trump takes office as president on January 20th. @idraj @sewingbee

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Interesting Life Half Mountains, Rivers, Lakes, and Seas @drivenbyboredom

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According to RootData data, EYWA rose 71.18% in 24 hours and is now reported at $0.19. According to RootData, the Web3 asset data platform, EYWA (CrossCurve) is a decentralized, cross chain data and liquidity transfer protocol. It is built on top of Curve and creates a unified cross chain liquidity market by aggregating existing Curve pools. @ftogghvvb

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Life is like tea that needs to be savored slowly, and time is like a song that needs to be listened to quietly @yoga.eth

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Hut, a listed mining company, recently released its November operational update report, revealing that its mining output in November was 94 BTC, slightly lower than the 100 BTC in October. In addition, the company holds 9122 BTC in its balance sheet as of November 2024. Hut8CEOAsherGenoot stated, "The development of SaltCreek R&D facility was completed in November, achieving a net increase in deployed self mining hash rate and efficiency. Thanks to the initial upgrade of the mining machine group, it is expected to drive the average mining machine group efficiency to 19.9 joules per terahertz, and further performance improvement is expected in the first quarter of 2025." In addition, the Vega site is expected to be put into use in the second quarter of 2025. @huongnkt4

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According to the official website, the Financial Conduct Authority (FCA) in the UK has issued a warning to Pump.fun, stating that "the company may provide or promote financial services or products without our permission. You should avoid dealing with the company and beware of being deceived." Previously, according to market reports, access to the Pump.fun website has been banned in the UK. According to the relevant notification screenshot, if accessing pump.fun from the UK, it will prompt that the website is currently not open to UK users according to UK laws and regulations, and also remind users to withdraw tokens stored in their private wallets. @gyozilla

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According to Cointelegraph, Chicago Mercantile Exchange (CME) Bitcoin futures broke through the $100000 mark again on November 29th, reaching $100200, marking the second time in seven days that they have surpassed this milestone price. Data shows that the number of open contracts for CME Bitcoin futures exceeded 40000, with trading volume reaching $12.3 billion before the Thanksgiving holiday. The spot price of Bitcoin hit a peak of $98600 before falling back, and the price difference between Coinbase and Binance once exceeded $200. Market data shows that there is significant selling pressure around $100000. According to CoinGlass data, this round of uptrend has triggered forced liquidation of approximately $55 million of short positions. To break through the $100000 integer mark, bulls need to push the price above $99000 to trigger a new round of liquidation. @ygyqaz12

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According to Cointelegraph, Chicago Mercantile Exchange (CME) Bitcoin futures broke through the $100000 mark again on November 29th, reaching $100200, marking the second time in seven days that they have surpassed this milestone price. Data shows that the number of open contracts for CME Bitcoin futures exceeded 40000, with trading volume reaching $12.3 billion before the Thanksgiving holiday. The spot price of Bitcoin hit a peak of $98600 before falling back, and the price difference between Coinbase and Binance once exceeded $200. Market data shows that there is significant selling pressure around $100000. According to CoinGlass data, this round of uptrend has triggered forced liquidation of approximately $55 million of short positions. To break through the $100000 integer mark, bulls need to push the price above $99000 to trigger a new round of liquidation. @tiffatronn

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Decentralized exchange Curve announced on November 29th that it has partnered with blockchain network Elixir to expand BlackRock tokenized money market fund (BUIDL)'s access to decentralized finance (DeFi). Curve stated that token holders will soon be able to use BlackRock BUIDL to mint Elixer's revenue stablecoin, deUSD. Curve stated, "Institutional Real World Assets (RWAs) worth up to $1 billion can now be minted as deUSD, a profitable synthetic dollar token @gyosty

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Trader Eugene stated on X platform that after an increase of 1.2 billion in circulation over the past 6 weeks, USDe's current circulation is 3.7 billion. Over the past 6 weeks, the yield of USDe has increased from 10% to 25%, and Deribit has accepted USDe as collateral for stablecoins. Ethena's cost conversion proposal has also been approved, ensuring that sENA holders are the main beneficiaries of the successful agreement. These developments have exceeded expectations for ENA two months ago and have adjusted ENA's target price to a higher level. @yoonhy1972

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As time passes, we await it calmly. @seinetwork

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In this week's speech, Chicago Fed President Austin Gusby and Fed Governor Michelle Bauman expressed vastly different views on the theoretical level of neutral interest rates. Neutral interest rate refers to the interest rate level that enables the Federal Reserve to achieve a balanced range of economic objectives. Gusby emphasized that the Federal Reserve still needs to further cut interest rates to reach this level - he called the rate "far below the level we are currently at". Bauman, on the other hand, said, 'We may be closer to a neutral policy stance than we currently believe.'. FHN Financial's Will Conneller pointed out that it is not surprising to see such divergence, given that in the September forecast, Fed officials anonymously estimated the neutral interest rate range to be between 2.375% and 3.75%. @yigityektin

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