Real Vision’s chief digital assets analyst Jamie Coutts says that one key metric is signaling the crypto market bull cycle is far from over. Coutts tells his 34,500 followers on the social media platform X that based on the historical relationship between cryptocurrencies and the global money supply (M2) metric more rallies are coming. “We […]
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Real Vision’s chief digital assets analyst Jamie Coutts says that a bottom may be forming in the crypto market after declining for weeks. Coutts tells his 33,800 followers on the social media platform X that based on a metric tracking the performance of crypto assets over 365 days the market is gearing up for a […]
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Tether USDt’s trading has fallen $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
A recent multibillion-dollar decline in Tether USDt’s market capitalization and volumes is not enough to suggest a bearish turn on markets, according to the crypto financial services platform Matrixport.
Tether’s USDt (USDT) stablecoin has recorded a 2.8% market cap drop since peaking at $141 billion on Dec. 19, 2024, according to data from CoinGecko.
USDT trading has also seen a massive decline in the past few weeks, with daily volumes plummeting 64% from around $154 billion in mid-December to $55 billion on Jan. 6, 2025.
The co-founders of the blockchain analysis platform Glassnode are laying out how Bitcoin (BTC) can reclaim six figures and more. Glassnode and Swissblock co-founders Jan Happel and Yann Alleman, who share the social media handle Negentropic, start by comparing BTC’s current situation to a similar scenario from a few years back. “Let’s look at the […]
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The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said.
Informal Systems, a blockchain infrastructure firm headed by one of the Cosmos founders, has floated a peer-to-peer clearing system that would allow people to clear their debts without relying on intermediaries like clearinghouses or banks.
According to a white paper shared with Cointelegraph, Cycles aims to be crypto’s solution for clearing, a process essential in traditional banking for secure payment transfers and liability settlements.
It argues that decentralized clearing is the other side of the equation to Satoshi Nakamoto’s famous white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Bloomberg’s senior ETF analyst Eric Balchunas said that “$1.9 billion is unheard of for day one” as the debut day for options on BlackRock’s spot Bitcoin ETF saw huge volumes.
Options contracts on BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), saw nearly $2 billion in total exposure traded, which could have pushed Bitcoin to its new high of over $94,000.
“Final tally of IBIT’s first day of options is just shy of $1.9 billion in notional exposure traded via 354,000 contracts,” Bloomberg ETF analyst James Seyffart reported on Nov. 20.
“These options were almost certainly part of the move to the new Bitcoin all-time highs today,” he added. Bitcoin (BTC) hit a new peak of $94,105 on Coinbase on Nov. 19, per TradingView.
Macro guru Lyn Alden believes global liquidity will continue to rise in 2025 but it likely won’t be as explosive as the surges witnessed in previous years. In a new interview on the Less Noise More Signal YouTube channel, the analyst says she expects global liquidity – which has historically been correlated with risk assets […]
The post Macro Guru Lyn Alden Details Outlook for Next Year, Says 2025 Likely Won’t Be ‘Explosive’ for Liquidity appeared first on The Daily Hodl.
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared […]
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in […]
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal, the service also aims to benefit corporate […]