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The largest and smallest bitcoin whales have added to their holdings, but the group in between has jettisoned some of their tokens.
Traders now see a 94% chance of the Fed raising rates by 25 basis points later this month.
Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs.
The forecast is consistent with bitcoin's tendency to chalk out sharp gains in the months after the mining reward halves. The fourth halving is due early next year.
Bitcoin prices have paused with support at $30,000
Even so, spot trading volumes are at historically low levels.
The decentralized cloud storage protocol has seen its market value double this week.
PLUS: The first half of 2023 has so far been very promising for the crypto majors.
PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3.
The largest cryptocurrency by market cap tends to rally in the month of July, the report said.
- 08:26Data: Possibly influenced by Musk's tweet reply, FTT briefly touched $3.57According to Bitget's market data, possibly influenced by Musk's reply to the tweet speculating "Biden might pardon SBF", FTT briefly touched $3.57 and is now reported at $3.34.
- 08:2320,000 ETH has been transferred from CEX to an unknown wallet, valued at over 66.05 million USDAccording to Whale Alert monitoring, at 16:04 on December 23 Singapore time, 20,000 ETH (worth approximately $66,054,418) were transferred from CEX to an unknown wallet.
- 07:56FTT briefly broke through $3.5, with a 24-hour increase exceeding 26.18%The market shows that FTT has briefly broken through $3.5, currently quoted at $3.53, with a 24-hour increase of 26.18%. The market fluctuation is quite large, please manage your risk well.
