Diversitas

Crypto Market Pulse 👀

• Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC🤯
• Michael Saylor to help Rumble CEO add $BTC to its balance sheet💪
• On the first day of trading, 82% of $BTC options were call options✅
• This week ETFs so far bought more than $1 billion worth of $BTC 🚀
• $RUNE successfully implemented a burning mechanism🔥
• $NEAR got a 30% allocation in Grayscale's AI Trust🤔

Things are playing out as expected. publicly listed companies continue to add $BTC to their balance sheet, countries are starting to discuss $BTC strategic reserves, ETFs continue to buy and altcoins are getting ready for the rally!

We are seeing early signs of an altseason as altcoin trading volume has surged past $300 billion for the first time since 2021👇

Crypto Market Pulse 👀

• MicroStrategy has acquired 51,780 $BTC for ~$4.6 billion 🚀
• MicroStrategy announces a $1.75 billion offer, with proceeds intended for even more $BTC purchases 🔥
• Japan's Metaplanet reveals an $11.3 million bond issuance to buy additional $BTC 🇯🇵
• MARA Holdings follows the MicroStrategy playbook, planning to raise $700 million through convertible notes for $BTC acquisitions 🤑
• Publicly traded AI firm Genius Group adopts Bitcoin as its treasury reserve asset, purchasing 110 $BTC for $10 million 💸
• Donald Trump to meet with Coinbase CEO Brian Armstrong 🤔
• IBIT Bitcoin options trading expected to begin today 👀

Do you see what's happening?

1. Market Overview

The bullish momentum is undeniable, as we now observe the most bullish configuration our indicators can produce:

• Green dots above the trackline🟢
• Green bars🟩
• Green arrow signaling continuation💹

While volatility may occur in both directions, this is not the time to adopt a bearish stance or speculate on downward moves. Dips are being bought fast, with supply leaving exchanges at an unprecedented pace👀

A similar bullish setup is also beginning to emerge on altcoin charts, signaling broader market strength💪

2. ETF Flows

Strong ETF inflows persist, with 13F filings revealing significant holdings by major financial institutions. This momentum is likely to accelerate as financial advisors and pension funds begin addressing their lack of meaningful crypto exposure🤔

Crypto is solidifying its status as a new asset class—one that’s becoming increasingly difficult to ignore. Soon, everyone may own some, whether they realize it or not😉

• $BTC ETFs Weekly Flow: +$1.8 billion
• $ETH ETFs Weekly Flow: +$534 million

3. On-Chain Data

• Coinbase Premium: Positive✅
• Exchange Reserves: Extremely Low✅
• MVRV Ratio: 2,57 (cycle top above 3.7)✅
• Net Unrealized Profit/Loss (NUPL): 61 (cycle top above 75)✅
• Open Interest: Moderate👌
• Funding Rates: Moderate👌
• Fear and Greed Index: 83 (Extreme Greed)😱

Looking at the on-chain data, we can see that the market liquidity is on the rise as stablecoins like $USDT continue to grow and flow into exchanges👀

Since the U.S. Presidential election, $3.2 billion in $USDT has entered exchanges—marking the highest net flow since November 2021🤔

This surge in liquidity could pave the way for higher crypto prices in the coming weeks🚀