🔝 #XRP overtakes #USDT by market cap

🔮🗣 #BTC VacEck predicts that by 2050, Bitcoin will serve as a reserve asset for central banks. A 2% weight would lead to a staggering $3M price!

🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -2,329 BTC ($225.63M) 🔴
Blackrock outflows 3,412 BTC ($330.48M) and currently holds 548,506 BTC ($53.13B);
#ETH-ETFs:
NetFlow: -14,924 ETH ($52.58M) 🔴
Bitwise outflows 16,214 ETH ($57.12M) and currently holds 104,888 ETH ($369.52M).

📈 #BTC Hashrate hits a new all-time high

📊👀 Over 48,000 #BTC have been pulled from exchanges in the past week, valued at over $4.5 billion

📉👀 #BTC dominance continues to decline and against this backdrop, altcoins are showing significant growth.

🔝🏴‍☠️ Largest Crypto Hacks for the Last Year

🔮📈 #BTC Investment bank H.C. Wainwright says Bitcoin may go to $225,000 this year because of regulatory clarity and institutional adoption

📉🤔 Interest in memecoins is currently at its lowest level since April last year, which may indicate a decline in the popularity of such cryptocurrencies among investors. #memcoin

📊👀 Short-Term Holder (STH) Ratio for #BTC

The current STH ratio is 1.1, meaning short-term holders are, on average, seeing a 10% unrealized profit.

The STH ratio is important as it provides insights into the unrealized profit or loss of recent market participants, who tend to have a more speculative approach.

📊🤔 #BTC C.Q.: STH SOPR is declining, which may prevent the Bitcoin price from recovering quickly. In the short term, there may be a period of consolidation or even a deeper correction.

🗽 Trump-endorsed Republican US Congressman Mike Johnson was re-elected Speaker of the House of Representatives.

👀 #FTT FTX: FTX's reorganization plan has gone into effect.

💰🤔 #BTC #MSTR MicroStrategy plans raise up to $2 billion through a public offering of perpetual preferred shares in the first quarter of 2025 to purchase more Bitcoin.

🇺🇸📊 #BTC The Coinbase Premium Index recently hit -0.23%, a two-year low, but it's now rebounding quickly. This signals growing institutional demand for Bitcoin from US-based investors.

👀 #MEME tokens created by the community led the memecoin index to a record year theblock.com

🇺🇸👀 #BTC The FDIC deliberately targeted the restriction of Bitcoin activities under Operation Chokepoint 2.0, new document reveals.

📊🤔 #BTC This chart highlights the massive concentration of wealth in traditional assets like real estate, equities, pensions, and private businesses, especially among those aged 55+. The 55+ demographic holds 7.5x more wealth than those under 40.

Bitcoin has the potential to disrupt ("demonetize") these asset classes by offering a superior alternative for storing and growing wealth. As global financial systems experience accelerated debasement, BTC stands to gain value—not necessarily by replacing these assets nominally, but by absorbing real purchasing power over time.

We are still early, and the shift is just beginning

🇺🇸⛏️ #BTC The US accounts for more than 40% of the BTC hashrate. Foundry is currently the largest mining pool by hashrate, controlling approximately 36.5% of the total hashrate, raising questions about centralization. source

🇺🇸 Last year, Coinbase CEO sold $636 million in #COIN shares, and Michael Saylor sold $410.8 million in #MSTR shares. www.blockworks.com