1. Market Observation
Keywords: ETH, ETF, BTC
Robert Kiyosaki recently issued a warning, pointing out that reckless monetary policy and excessive money printing could lead to market collapse, and advised investors to consider BTC, gold and silver as hedging tools. This view is supported by JPMorgan Chase, which believes that BTC and gold have structural importance in investment portfolios.
Market data shows that although the BlackRock BTC ETF recorded a single-day outflow of $332.6 million, a new high, the overall US BTC ETFs still recorded a net inflow of about $908 million, reflecting investors' continued confidence in BTC. At the same time, the positive layout of the corporate sector is also ongoing, with MicroStrategy planning to expand its BTC holdings through a $2 billion stock offering, and JAN3, a technology company supported by Fulgur Ventures and Tether, also raising $5 million in financing to improve the usability and scalability of BTC.
Analysts are optimistic about BTC in 2025, expecting the price to break through the $100,000 resistance level, with a target price of $125,000. The latest market data shows that BTC has rebounded from the low of $92,000 to $98,950, showing strong market resilience. However, investors still need to be aware of risks, as a recent case in South Africa involving the financing of terrorist activities with BTC serves as a reminder to pay attention to compliance issues.
2. Key Data (as of January 6, 09:56 HKT)
S&P 500: 5,942.47 (+1.03% YTD)
Nasdaq: 19,621.68 (+1.61% YTD)
10-year US Treasury yield: 4.628% (+5.20 bps YTD)
US Dollar Index: 108.91 (+0.40% YTD)
BTC: $98,653 (+5.61% YTD), daily spot trading volume of $17.01 billion
ETH: $3,641.46 (+8.87% YTD), daily spot trading volume of $12.75 billion
3. ETF Flows (January 3, EST)
BTC ETFs: +$908.1 million
ETH ETFs: +$58.79 million
4. Important Dates (Hong Kong Time)
ISM Manufacturing PMI (January 3, 23:00)
Actual: 49.3 / Previous: 48.4 / Expected: 48.4
FOMC Meeting Minutes (January 9, 03:00)
Nonfarm Payrolls (January 10, 21:30)
Actual: TBA / Previous: 227k / Expected: 150k
Unemployment Rate (January 10, 21:30)
Actual: TBA / Previous: 4.2% / Expected: 4.2%
5. Hot News
Weekly Macro Outlook: Fed Expected to Be More Cautious, Nonfarm May Add Fuel to the Dollar
OpenAI Unveils New Products for 2025, Including Agents and AGI
USD0 Market Cap Surpasses FDUSD, Becoming the 5th Largest Stablecoin
Vitalik Proposes a Global "Soft Pause Button" at the Hardware Level to Replace Dangerous AGI Races
Aave Governance Proposal Aims to Peg Ethena's USDe to USDT, Raising Community Concerns
Vitalik: Many Crypto Technologies Can Be Used in the Field of d/acc
Artificial Superintelligence Alliance Plans to Burn 5 Million FET Tokens on January 10
Caixin: BTC, FAAMNG and Cocoa Are the Top Performers in the Global Market in 2024
GSR Markets Has Recharged 6 Million FLOCK Tokens into the CEX
ICBC International Chief Economist: Expects the Fed to Cut Rates by 50-75 bps in 2025
Wintermute and Amber Group May Act as Market Makers for VIRTUAL
Base Considers Launching Tokenized COIN Stocks, But Is Currently in the Exploratory Stage
The US FDIC Does Not Encourage Member Banks to Use Public Blockchains Such as Ethereum
MicroStrategy Plans to Issue Up to $2 Billion in Preferred Stock to Increase BTC Holdings
Supported by OSL - Hong Kong's largest over-the-counter trading platform, providing regulated digital asset services to the market since 2018.
