Investors accumulate Bitcoin amidst volatility, with record inflows to accumulation addresses signaling long-term bullish sentiment. Anticipation of post-halving re-accumulation phase suggests confidence in Bitcoin's value proposition.
Huang BoBloomberg predicts inflows into Hong Kong's Bitcoin and Ethereum ETFs to hit $1 billion within two years, doubling initial estimates. Chinese investors face regulatory challenges. Despite hurdles, substantial interest expected, driven by financial infrastructure enhancements.
Xu LinThe misleading SEC tweet resulted in a massive $220 million market wipeout, impacting over 70,000 traders. While Bitcoin ETF approval brings potential benefits, concerns about growing centralization and drifting from its original purpose arise. The incident underscores the challenges and risks associated with the evolving crypto landscape.
Cheng YuanBitcoin experienced an 8% decline, losing $400 million in a two-hour liquidation amid concerns of SEC rejecting ETF applications. Matrixport remains cautious, anticipating rejections in January. Market volatility impacted by crypto stock weakness, triggering a $2 billion open interest reduction.
SanyaSaylor previously stated that the move would allow him to meet his “personal obligations” and, of course, purchase more Bitcoin.
JinseFinance
Beincrypto
Finbold
As token prices rose and stablecoin integration increased, the total value locked in DeFi protocols soared to $233.8 billion, helping the metric hit a new all-time high.
Cointelegraph"Media is an important element in building broad consumer understanding and education," said Binance CEO CZ.
Cointelegraph