BrotherGeng

According to Trader T's monitoring, the data for the US BTCSpot ETF in this week (week 38) is as follows:
Net flow: $1.105 billion;
Trading Volume: $71 billion;
The largest weekly inflow since Week 27 (July 15-19), including:
- BlackRock net inflow of USD 498 million;
-Ark Invest net inflows of 2.69 billion US dollars;
- Net inflows of $206 million for Fidelity;
- Bitwise net inflow of $83 million.

In the third quarter of 2024, the financing in the Primary Market showed a downward trend.
At the macro level, the Federal Reserve launched a new round of interest rate cuts after four years, cutting 50 basis points for the first time in September; as the US election approaches, the crypto market is facing its final crucial Node of the year.
From the perspective of the encryption market, meme coins have become a new growth point, but they still face issues such as weak radiation, short duration, and unpredictability, making it difficult to become a new driving force. Currently, no innovative e

Statter Network spans across the metaverse and DePIN dual track, and secured tens of millions of dollars in early 2023. Its STT economic model advantages include 100% mining output, annual reduction of 25%, 90% distribution to the community and ecosystem, and continuous destruction.

On the 16th day since the launch of Bitcoin Spot ETF, GBTC saw a outflow of 145 million USD. In the past 16 trading days, GBTC has experienced a total outflow of 5.968 billion USD, but the rate of fund outflow has significantly slowed down.

The crypto market has been relatively stable this week, with both RV and IV of major maturities showing a downward trend. As the grayscale sell-off slows, BitcoinSpot ETFs are starting to bring incremental money to the crypto market. The Block Trading is relatively flat, and some Whale are in dropPosition, mainly betting on profit-taking of ETFs. The next big buzz is the hype BitcoinHalving, which is still the Bull Market tone this year.

More than $924 million in notional BTC Options and $509 million in ETH Options contracts will expire on Friday (February 2) Delivery. Among them, the biggest pain point price of BTC is $42,000; the biggest pain point price of ETH is $2,300. Bearish

Give up a separate journey for you unconditionally, and be strong for you without fear of sacrifice", and then replied "ETH holders are like 'it turns out that you are the luck I want to keep the most, it turns out that we were so close to love ~' bearish

U.S. BitcoinSpot ETFs traded $1,564.3 million in total trading volume on the 12th trading day, with GBTC topping the list with $570 million, followed by BlackRock IBIT ($460.9 million) and Fidelity FBTC ($3.154 billion), respectively.
The cumulative trading volume of the BitcoinSpot ETF reached $25,938.4 million 12 days after its launch. Bearish

This week is a big macro week, with a lot of macroeconomic data coming out with the Fed's Intrerest Rate decision at its core. However, the overall expectations are consistent, and the correlation between macro data and the crypto market has weakened, and the current main term IV is low, and the Fluctuation is not expected. The impact of BTC Spot ETFs has ended, and the impact of grayscale's selling pressure on the market has also weakened significantly. Bullish

Regulators are very afraid of decentralization because it means they have no control over these entities. But at the same time, it is also the power of building a resilient financial system

#2024新年寄语 In the New Year, I wish you all to make money and everyone will get rich

#DOGI Missed ORi, missed DOGE, and missed DOGI, as the first DRC20 token, benchmarking ORDI for $50

#Gateio10th Anniversary#