Bitcoin long-term holders' holdings have fallen to 12.45 million, a new low since 2022
According to IntoTheBlock data, Bitcoin long-term holders currently hold only 12.45 million BTC, the lowest level since July 2022. The reduction in Bitcoin holdings by long-term holders in this cycle is 9.8%, lower than the 15% in 2021 and the 26% in the 2017 bull market cycle.
The total holdings of Bitcoin spot ETFs in the US are only 13,000 less than Satoshi Nakamoto's wallet
US Bitcoin spot ETFs hold a total of 1,083,000 Bitcoins, only 13,000 less than Satoshi Nakamoto's 1,096,000 Bitcoins, highlighting the growing importance of institutional investment in Bitcoin.
The Altcoin season index has soared to a year-high of 83 points
On December 3, CoinMarketCap data showed that the Altcoin season index soared to a year-high of 83 points. This index is a major indicator of whether Altcoins are dominating the market. Over the past 90 days, 83 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin, signaling the arrival of the Altcoin season.
South Korea plans to allow universities and local governments to accept cryptocurrency donations
According to reports, starting next year, South Korea may allow universities and local governments to accept cryptocurrency donations. The government also plans to gradually allow companies to set up virtual asset accounts to integrate the cryptocurrency market.
France proposes to classify Bitcoin as non-productive property
French Senator Sylvie Vermeillet has proposed to classify Bitcoin and digital assets as non-productive property in the 2025 budget, suggesting that unrealized gains on such assets be taxed. Finance Minister Laurent Saint-Martin voiced support for this proposal, stating that it is fair to tax Bitcoin like real estate and luxury goods in the real economy.
Trump has nominated Paul Atkins as SEC Chairman
According to reports, Trump has nominated Paul Atkins as SEC Chairman. If this appointment is ultimately confirmed, it may bring a more friendly regulatory environment for the cryptocurrency industry. Sources confirmed that Trump has contacted Atkins and is waiting for his acceptance.
