Nézd meg az élő Tether árfolyamot az EUR. Vásárolja meg Tether vagy adja hozzá Crypto Stratégiájához.

Does anyone have any views on the ECB regulation regarding

30th December 2024 Ruling MiCA on $USDT

Crypto Snapshot: Latest News & Trends  

By SYGNAL

📈 Market News:

• Bitcoin’s Wild Ride: Bitcoin ($BTC) hit an all-time high above $108,000 but quickly fell below $93,000. It rebounded to $100,000 following a $20 trillion price prediction, reflecting market volatility. Analysts expect continued fluctuations due to macroeconomic factors. (CNBC) (Forbes)   
• Ethereum and Major Altcoins Rebound: Ethereum ($ETH), Ripple's XRP ($XRP), and Dogecoin ($DOGE) recovered alongside Bitcoin, helping the crypto market regain $300 billion in value. (Forbes)

💸 Money Flow:

• Tether's Treasury Holdings: Tether ($USDT)'s U.S. Treasuries stockpile drove record profits of $10 billion in 2024, showcasing the influence of stablecoin-backed assets. (Forbes)

🗣️ Crypto Influencers:

• Cathie Wood’s Bold Prediction: Ark Invest’s Cathie Wood reaffirmed her forecast of Bitcoin ($BTC) reaching $1 million by 2030, citing its potential to become a $20 trillion asset. (Forbes)

📜 Other Interesting Information:

• Bitcoin’s Growing Appeal: Amid monetary policy shifts and fiscal uncertainties, Bitcoin ($BTC)’s transparency is increasingly favored over fiat systems, highlighting its unique value proposition in the current economic climate. (Forbes)

Crypto Snapshot: Latest News and Trends  

By SYGNAL

📈 Market News:  

• Bitcoin ($BTC) surpassed $99,000 for the first time, driven by a surge in futures market activity during Asian trading. Analysts attribute this rally to post-election optimism about a more "crypto-friendly" administration. Ethereum ($ETH), Tether ($USDT), and Dogecoin ($DOGE) also gained traction as interest in the sector grows. (Forbes)
• The entire cryptocurrency market has surged 90% in 2024, marking a significant upward trend. (Forbes)   

💸 Money Flow:  

• ARK's Bitcoin ETF saw $267.3 million in inflows, while BlackRock's iShares Bitcoin Trust ETF options traded $1.9 billion on its first day, reflecting robust institutional interest in Bitcoin ($BTC). (CNBC)   

🌐 Adoption and Usage:  

• Acurx Pharmaceuticals announced plans to add up to $1 million in Bitcoin ($BTC) to its reserves, following in the footsteps of companies like MicroStrategy. (CNBC)   
• BlackRock’s iShares Bitcoin Trust ETF options began trading on Nasdaq, with a remarkable 73,000 contracts traded within the first hour. (CNBC)   

📜 Regulatory News:  

• Pennsylvania passed a Bitcoin Rights Bill and proposed a strategic reserve, though the move faces skepticism due to Bitcoin’s volatility. (Forbes)   

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🚀

Crypto Market Pulse 👀

• Over the past 3 days, ETFs bought $2,3 Billion worth of $BTC 👀
• Over the past 3 days, ETFs bought $861 Million worth of $ETH 🤑
• Funding rates dropped after the initial push higher✅
• Exchange reserves continue to drop👌
• Below are liquidation heatmaps showing areas of interest🤔

Our bet is that we will go for the $95k liquidations first, push above $100k $BTC, trap more longs and then drop back down towards $80k. If we get this push up and we will see that the on-chain indicators are getting overheated, we will move 20-30% into $USDT to hedge our position for a potential correction.