@firegmi
Crypto Market Review - Week 52, 2024
• Bitcoin (BTC) is down 2% at $94,327 as of December 28, 2024.
• Bitcoin ETFs saw a $297M outflow, but BlackRock bought $79M worth.
• $18B in Bitcoin and Ethereum options expired on December 27, 2024.
• Bitcoin's price stayed around $97,000, missing the "Santa Claus rally."
• Bitcoin's rally slowed as 2024 ended with four consecutive days of net outflows from US spot Bitcoin ETFs.
Expected Market-Moving News:
• Six Bitcoin mutual funds debut in Israel.
• Artificial Superintelligence Alliance to unlock ~0.13% of its circulating supply.
• Polkastarter updates token economy by December 29, 2024.
• JustLendDAO begins Phase III of USDD Supply Mining on December 29, 2024.
• Beldex unlocks ~4.78% of circulating supply on December 30, 2024.
• EU crypto exchanges must delist Tether (USDT) by December 30, 2024.