🔮📈 #BTC to Surpass Gold Market by 2029
Analysts at Bitwise predict Bitcoin could surpass the $18 trillion gold market and reach a value of $1 million per coin by 2029. This is the projected peak of the next cycle and marks Bitcoin's 20th anniversary — a symbolic milestone.
📊⛏️ As of December, #BTC miners have sold over 140,000 BTC for a total of $13.72 billion #mining
Читать полностью…⛏️ #BTC miners are doing well in this bull market. But on average, they aren't outperforming Bitcoin like they did in the previous cycle.
Читать полностью…🇸🇬 According to Bloomberg, about 30 companies have received licenses to service digital tokens issued by the Central Bank of Singapore, including Coinbase and Ripple. Data shows that about 40% of Singaporean investors own cryptocurrencies. source
Читать полностью…📊💰 #SOL In Q4 2024, Solana validators earned $161 million in transaction fees, accounting for 64% of their total revenue ($259.5 million).
The remaining revenue was roughly split evenly between priority fees and new token issuance.
🗣 Dan Morehead, CEO & Founder of Pantera Capital, mentioned on CNBC that they have a big position in #SOL, #TON, and #ONDO
Читать полностью…📊🔍 #BTC CoinGecko latest study found that Bitcoin's 10-year returns were unmatched at 26,931.1%. In comparison, assets like the S&P 500 (193.3%), gold (125.8%), 5-year Treasuries (157.1%), and 10-year Treasuries (86.8%) delivered steady, but lower returns.
Читать полностью…📊🤔 #BTC In previous bull markets, long term hodlers sell, while short term hodlers drive demand in the short term pushing prices.
Recent data by Alphractal shows that long term hodlers are stepping back this cycle with short term hodlers accumulating.
📊⛏️ #BTC So far in December, Bitcoin miners have sold over 140,000 BTC, totaling $13.72 billion.
Читать полностью…🇪🇺📈 Europe leads the global crypto ETP market with 221 listed products and $19.86B in AUM
Key trends:
▪️ $695.75M net inflows in 6M
▪️ #BTC & #ETH dominate with 65% of AUM.
▪️ #SOL has a 12% share
▪️ Diversified baskets attracted 7%, followed by #XRP, #BNB, #ADA, #SUI, #DOT.
🗓 Major Upcoming Events in December
#MONKY #VANA #SOL #STX #HOLDCOIN #MAS #TREN #FUEL #USUAL #XRD #SOPH #ARB #BONK #SWELL
🔓📝 Upcoming major unlocks next week:
#ARB 2,26% ($96,26M) - Dec. 16
#ID 18,23% ($43,35M) - Dec. 22
#ADA 0,10% ($41,5M) - Dec. 16
#APE 2,16% ($25.27M) - Dec. 17
#ENA 0,44% ($13,47M) - Dec. 18
#PIXEL 7,05% ($13,21M) - Dec. 19
#PRIME 1,46% ($11,24M) - Dec. 17
👀 #FLOKI #BNB #BAD Floki will support the launch of the “BAD” AI agent protocol on BNB Chain.
27% of the total BAD supply will be distributed to FLOKI holders on the blockchain and supported central exchanges.
🖥After the hype on the topic a new powerful quantum computer from Google, billionaire Chamath sets the record straight:
Quantum computing will pose a risk to cryptographic approaches v1. The time frame is very unclear and it is not in the near future. But if I held a lot of BTC, then within RM I would assume that this could happen.
Any potential risk to Bitcoin can now be eliminated through forks that implement quantum-resistant cryptography for new transactions. However, this cannot retroactively protect already exposed public keys.
Funds on old p2pk addresses with exposed public keys will remain vulnerable to and targeted by quantum computing attacks on ECDSA.
Here is a useful table for assessing this risk, as well as a post by Satoshi himself in 2010 in which he discusses what to do if SHA 256 is compromised.
Microsoft and Atom Computing too __will launch__ commercial quantum computer next year.
👀 #PENGU Abstract Chain, an L2 network owned by Pudgy Penguins, will launch in January. twitter
Читать полностью…🕵️♂️ #WLFI #ENA Trump's crypto project World Liberty spent $500,013 to purchase 509,955 ENA through the Cow Protocol.
World Liberty currently holds 14,678 #ETH, 102.9 cbBTC, 78387 #LINK, 5886 #AAVE, totaling $72.31 million
📊👀 #BTC-#ETF from Fidelity is nearing the point of overtaking Grayscale's GBTC in total assets under management.
Читать полностью…🕵️ Another 40,000 #BTC were withdrawn from exchanges over the past week, totaling over $3.92 billion
Читать полностью…📈👀 #USDT C.Q.: In November 2024, USDT transfers hit an all-time high of $587.2B, marking a significant increase compared to previous months.
Читать полностью…📊👀 #BTC C.Q.: The average weekly inflow of stablecoins (Ethereum ERC-20) across all exchanges remains very high, at $113B per day.
The peak inflow occurred at the $88K level, reaching $148B per day. The high inflow of stablecoins has a direct impact on Bitcoin's growth.
📊🦐 #BTC C.Q.: The number of addresses holding less than 1 BTC has grown 21.9% since BTC was $61K, now reaching 323K at $101K. These "shrimps" show confidence, steadily accumulating coins, with numbers projected to hit 351K soon.
Читать полностью…📊👀 #ETH Ali Martinez: On-chain metrics for Ethereum are looking strong this week:
▪️ Active addresses up 4.24%
▪️ New addresses up 2.65%
▪️ Zero-balance addresses down 4.06%
Momentum is building for ETH