In the $500 MILLION operation of #Ripple, investors protected themselves with guaranteed profit conditions, demonstrating Wall Street's caution, as the $40 BILLION value of Ripple mainly comes from its holdings of $XRP.
Franklin Templeton has officially launched its Solana ETF on NYSE Arca under the symbol SOEZ, and the fund will invest most of its SOL "that is possible".
Larry Fink of BlackRock says that several sovereign funds are quietly accumulating Bitcoin, increasing their purchases when $BTC fell to the $80K zone.
The market-making company Citadel Securities is pushing the SEC to enforce stricter regulations on DeFi platforms that offer tokenized U.S. stocks, stating that they should face the same requirements as TradFi.
DECEMBER, HISTORICALLY, WAS THE GREENEST MONTH FOR THE SP500
What does this imply for #Bitcoin and #cryptocurrencies?
🔹Since 1928, December had positive returns 73.2% of the time, the HIGHEST gain ratio of any month 🔹The average monthly return was +1.28% 🔹Since 1945, the average gain rises to +1.5% 🔹The SP500 index usually reaches new HIGHS in this month
If the SP500 is heading for new highs, #Bitcoin could follow that momentum due to its ranking While during this Q4 we saw that SEASONALITY turned out to be a FAILURE, this may be the exception
The CEO of CryptoQuant, Ki Young Ju, said that if Strategy maintains its 650,000 BTC, it is unlikely that $BTC will face a significant drop in this cycle, and that any downside is likely to be limited to sideways consolidation.
THERE HAS NEVER BEEN A CYCLE PEAK IN #BITCOIN WITHOUT FIRST SEEING EXTREME GREED
What is this and what does this graph show? It is VERY CLEAR:
🔹 The graph shows the “Satoshimeter”, a historical sentiment indicator 🔹 Each price peak was accompanied by maximum levels of greed (blue/purple zone) 🔹 Today, we are at levels of fear/neutrals (green/yellow zone) 🔹 Even with BTC at new highs, the market has NOT yet entered euphoria during this cycle
Conclusion? If history rhymes… the true CYCLE PEAK has NOT yet arrived.
ONE OF THE MOST IMPORTANT EVENTS OF THE YEAR FOR FINANCIAL MARKETS IS APPROACHING
The interest rate decision on 10/12 does not come alone: it is loaded with previous data and signals that could reconfigure the course of #Bitcoin and #cryptocurrencies
WHAT SHOULD WE LOOK AT BEFORE THE FED'S DECISION? WHAT SHOULD WE PAY ATTENTION TO DURING THE DECISION?
Today, the data on new jobs outside the agricultural sector showed a weak labor market. As a result, $BTC rose and surpassed $93,000 ▫️This increase is due to the rising probability of monetary easing by the FED (the chances of a rate cut rose to 88.8%).
December 5 ▫️The PCE inflation will be published... It could have a GREATER impact on Bitcoin. ▫️If it decreases, the FED will have more room to project cuts in 2026. ▫️Financial markets expect it to remain at 0.2%; if so or lower, it would be positive for risk assets.
AND WHAT CAN HAPPEN ON 10/12 WITH THE FED?
🔸On that day, before the interest rate decision, the CPI will be released. 🔸Expectations are still unknown, but it is KEY that it comes in lower than expected, for the FED to project several cuts. 🔸For now, financial markets only expect the cut in December, the next one not until April and then the last one in July. 🔸It would be POSITIVE for the FED to project a greater number of cuts. 🔸But since key data (employment report and GDP) have been suspended, the FED could appear conservative and project fewer cuts. 🔸This could generate negative volatility in the short term. 🔸If Powell mentions the possibility of resuming QE (asset purchases to provide liquidity), the market will likely react positively.
🔸This entire combo of data will impact DIRECTLY or INDIRECTLY on the liquidity of the system... 🔸The whole world will be paying attention...
ENORMOUS AMOUNT OF MONEY THAT COULD ROTATE INTO #CRYPTO
For the first time in history, money market funds in the U.S. exceed $8 TRILLION
They are paying around $500,000 MILLION in annual dividends, equivalent to 2.5% of total consumer spending
WHAT ARE THEY AND WHY DO THEY MATTER FOR #BITCOIN?
🔹They are funds that invest in FIXED INCOME 🔹With high rates, they have become extremely attractive to conservative investors 🔹Today they generate more yield than many bonds and stocks... but that could change soon
-Never before has there been so much liquidity “waiting” earning interest -And that money could rotate into stocks and crypto if the FED lowers rates
WHAT IS THE REASON THAT SUGGESTS THIS ROTATION MAY ACCELERATE?
🔸If the FED starts a QE (asset purchases, mostly bonds), bond yields will fall and therefore those of these funds 🔸That would make holding cash less profitable, forcing many to take on more risk
And with $8T even a small rotation generates massive flows