Diversitas

Crypto Market Pulse 👀

• SEC Chair Gary Gensler has officially resigned👏
• Circle’s CEO suggests that Trump will soon sign an executive order easing bank ownership of digital assets🤔
• We’ve recorded one of the largest $USDC inflows to exchanges as whales gear up for the next rally🤑
• Bears are already celebrating less than 24 hours after the inauguration, claiming it was a “sell the news” event🤦‍♂️
• ETFs didn’t trade, so we haven’t seen the “Trump effect” just yet😉

Meanwhile, Trump’s company, World Liberty Finance, continues buying altcoins, and even launched its own coin—an extremely bullish signal for altcoins. This hints at impending regulatory clarity, and many don’t realize it could trigger one of the biggest altseasons we’ve ever seen.

Coingecko also introduced a U.S. coin list, anticipating outperformance in the coming months. Notably,$SOL, $AVAX, and $INJ made the list, putting us in a strong position to capitalize on this trend if it takes off. Overall, the new era of crypto is here—buckle up!🚀

1. Market Overview

The “Trump Pump” is in full swing. Prediction markets now place the odds of a Bitcoin strategic reserve at around 70% as he mentioned Bitcoin in yesterday’s speech. While it’s unclear exactly how things will unfold, the flurry of rumors is overwhelmingly bullish, suggesting a new era for crypto may be just around the corner🤔

In a nod to these developments, Bitcoin miner MARA recently mined the “Trump 47” block—a historic marker on the Bitcoin blockchain to commemorate the inauguration of President-Elect Donald Trump, the first U.S. President openly aligned with Bitcoin👀

The stage is set—grab some popcorn and enjoy the show!🍿

P.S. The weekly candle close looks extremely bullish for $BTC as well as altcoins

2. ETF Flows

With bullish catalysts on the horizon, ETF inflows climbed higher this week👀

• $BTC ETFs Weekly Flow: +$1,86 billion🤑
• $ETH ETFs Weekly Flow: +$212 million💸

3. On-Chain Data

• Coinbase Premium: Negative🤔(looks like Binance is driving this rally)
• Exchange Reserves: Reached new lows ✅
• MVRV Ratio: 2.49 (Cycle Top Above 3.7) ✅
• Net Unrealized Profit/Loss (NUPL): 59 (Cycle Top Above 75) ✅
• Open Interest: Moderate 👌
• Funding Rates: Moderate 👌
• CMC Fear and Greed Index: 58 (Neutral)✅

Bitcoin’s market value spiked to $105,970 during a bullish Friday, characterized by widespread crypto gains. Notably, the number of wallets holding 100+ BTC climbed to 17,799 just before this one-month high, indicating ongoing accumulation. As accumulation continues, so does the expectation for further price rallies📈

4. Top Weekly News

Coinbase Prime sees notable uptick in OTC bitcoin trading by institutional investors

https://www.theblock.co/post/335358/coinbase-prime-sees-notable-uptick-in-otc-bitcoin-trading-by-institutional-investors-cryptoquant

Trump plans executive order to make crypto a 'national priority

https://www.theblock.co/post/335456/the-daily-trump-plans-executive-order-to-make-crypto-a-national-priority-xrp-market-cap-approaches-200-billion-and-more

Bitcoin miner MARA Holdings immortalizes portrait of Trump as block art

https://www.theblock.co/post/335451/bitcoin-miner-mara-holdings-immortalizes-portrait-of-trump-as-block-art

Donald Trump's memecoin rallies to $13.5 billion market cap, cracking top 20 coins

https://www.theblock.co/post/335602/donald-trumps-memecoin-rallies-to-13-5-billion-market-cap-cracking-top-20-coins

Coinbase launches Bitcoin-backed onchain loans via DeFi protocol Morpho

https://www.theblock.co/post/335007/coinbase-bitcoin-backed-onchain-loans-morpho

Trump receptive to include US-based coins in ‘America-first’ crypto reserve: NYP

https://www.theblock.co/post/335017/trump-america-first-strategic-reserve-usdc-sol-xrp

Vitalik Buterin details 'large changes' to Ethereum Foundation leadership amid calls for new leadership

https://www.theblock.co/post/335575/vitalik-buterin-details-large-changes-to-ethereum-foundation-leadership-amid-calls-for-new-leadership?utm_source=twitter&utm_medium=social