2024/07/18 12:20 UTC+8
Analyst Views
“ More than half of BTC option block trading volume comes from active buying of call options, while more than half of ETH ordinary trading volume comes from active buying of call options. Now the bullish force is obviously stronger than the bearish force, but the sentiment is relatively calm and has not yet entered the Fomo stage” - Greeks.live
“Stablecoin liquidity may limit the potential for significant future price appreciation of Bitcoin. Stablecoin market capitalization has not yet fully increased, and despite some positive trends in stablecoin market capitalization, USDT's monthly market capitalization growth is still close to zero, which still suppresses the potential for further price appreciation of Bitcoin.” - CryptoQuant
"The probability of the Fed keeping interest rates unchanged in August is 96.4%, and the probability of a 25 basis point rate cut is 3.6%. The probability of the Fed keeping interest rates unchanged in September is 1.0%, the probability of a cumulative 25 basis point rate cut is 95.5%, and the probability of a cumulative 50 basis point rate cut is 3.6%." - CME Fed Watch
Quick Facts
The U.S. spot Bitcoin ETF saw a net inflow of $53 million yesterday, marking the ninth consecutive day of net inflows.
Today's Fear and Greed Index (FGI) remains in greed mode, falling to 61 points from 69 points yesterday.
The US spot Bitcoin ETF has now accumulated more than 887,000 BTC, second only to CEX's 3 million BTC holdings. In other aspects, miners including Patoshi hold about 705,000 BTC, government entities hold about 207,000 BTC, and Mt.Gox trustees hold about 139,000 BTC.
In an interview, Hester Peirce, Commissioner of the U.S. SEC, said that Stake and the creation/repurchase of the same type of Ethereum/Bitcoin ETFs may be reconsidered.
German law enforcement has disclosed to it that an “emergency sale” of nearly 50,000 bitcoins has concluded, with sales revenue reaching $2.88 billion (€2.639 billion).
