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Analysts Said "MicroStrategy May Start the Rally in Bitcoin", Explained the Reasons!
Analysts Said "MicroStrategy May Start the Rally in Bitcoin", Explained the Reasons!

Analysts at 10X Research have noted that MicroStrategy’s continued success could help kick-start a Bitcoin rally.

Bitcoinsistemi·2024/10/14 14:30
Donald Trump's Economic Advisor Explains Monetary Policy to Be Implemented After His Possible Election Victory!
Donald Trump's Economic Advisor Explains Monetary Policy to Be Implemented After His Possible Election Victory!

The Trump administration will continue the US's long-standing policy of a strong dollar, according to Trump economic advisor Scott Bessent.

Bitcoinsistemi·2024/10/14 14:30
Flash
  • 13:40
    Glassnode: The circulating supply of stablecoins has increased by $16.97 billion since the beginning of 2025
    PANews reported on February 11th that Glassnode posted on platform X stating that since the beginning of 2025, the circulating supply of stablecoins has increased by $169.7 billion, growing from about $1942 billion to approximately $2112 billion. However, the growth rate fluctuated and slowed down at the start of 2025 but rebounded in February. Throughout November and December last year, the daily increase in stablecoin was about $450 million. By January this year, this growth rate dropped to around $400 million/day but bounced back in February with a daily increase reaching $541 million. The involved stablecoins include: USDT, USDC, USDE, DAI, FDUSD, PYUSD,TUSD and FRAX. In mid-January momentum also accelerated with a seven-day moving average rising above the simple moving average (SMA) for thirty days indicating an increase in short-term demand. This suggests that after experiencing a period of deceleration liquidity is expanding again.
  • 12:50
    CryptoQuant CEO: Since 2023, the market has sold $142 billion worth of BTC, but its price continues to rise
    ChainCatcher reports that Ki Young Ju, the founder and CEO of CryptoQuant, posted on platform X stating that since 2023, the market has sold off $142 billion worth of Bitcoin, but the price of Bitcoin has been continuously rising.
  • 12:46
    Bloomberg Analyst: The probability of Solana ETF getting approved before October 10, 2025 is 70%
    ChainCatcher News, Bloomberg's digital asset analyst James Seyffart and senior ETF analyst Eric Balchunas have publicly released their approval probability predictions for four cryptocurrency ETF applications, including the highly anticipated Solana ETF. According to Bloomberg analysts' assessment, Solana has a 70% chance of officially entering the traditional financial market before October 10, 2025 (the final decision deadline of the U.S. Securities and Exchange Commission SEC). The reason why Seyffart and Balchunas are optimistic is because the SEC has recently formally accepted Grayscale's submission of a 19b-4 application, a key development that was never achieved under former SEC Chairman Gary Gensler.
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