Bitcoin velocity hits 12-year low as institutional demand drives up price
Bitcoin velocity hits 12-year low as institutional demand drives up priceDespite reaching an all-time high, Bitcoin’s velocity continues to drop, signaling a new era of institutional accumulation.
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Bitcoin velocity hits 12-year low as institutional demand drives up priceDespite reaching an all-time high, Bitcoin’s velocity continues to drop, signaling a new era of institutional accumulation. Regulated exchanges dominate Bitcoin trading volumesThe rising preference for regulated exchanges reflects the market's shift toward compliance and stability. α Top Insights
📖More α ResearchOptions wield outsized influence on Bitcoin’s volatilityDecember's options/futures open interest ratio spike shows how traders' hedging exacerbates Bitcoin’s price volatility. Bitcoin holds steady near $100,000 as selling pressure is absorbedDespite significant profit-taking, robust demand Bitcoin hovering near the $100,000 mark. Massive deleveraging stopped Bitcoin from breaking through $100kHigh leverage in derivative trading amplified Bitcoin's rally before subsequent deleveraging triggered a sharp correction.
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Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves
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Trump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Thursday, December 19, 2024
Historical indicators suggest Bitcoin's price could soar between $160000 and $290000, depending on market dynamics. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Bitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges
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As Bitcoin gains traction globally, Tkachev's plan positions Russia to use digital currency as a hedge against geopolitical financial barriers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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