Analysts "predict that cryptocurrency ETFs will see inflows of up to $400 billion next year."
Predictions indicate that the cryptocurrency ETF market will experience rapid growth next year, driven by massive inflows of funds. According to CoinTelegraph, Bloomberg ETF analyst Eric Balciunas stated, "We expect approximately $15 billion in new funds to flow into the cryptocurrency ETF market next year, potentially expanding to as much as $400 billion if the investment environment develops favorably." He added, "With the increased likelihood of a Fed rate cut next year, investor interest in cryptocurrency ETFs will heat up again. Even during the recent correction, Bitcoin ETF investors did not engage in large-scale selling, and the supply and demand dynamics of ETFs are playing a medium- to long-term price defense role. In fact, although BTC has fallen by about 35% from its peak, ETF outflows only accounted for 4% of the total, with some weeks even seeing net inflows. Furthermore, large institutions such as pension funds, sovereign wealth funds, and investment advisory firms are turning their attention to cryptocurrency ETFs. They are the main sources of funds that have a substantial impact on the market."
Galaxy Digital CEO: "XRP·ADA has limitations relying solely on the community... its practicality needs to be proven."
Mike Novogratz, CEO of cryptocurrency-focused financial services firm Galaxy Digital, points out that tokens like Ripple and Cardano, which rely solely on community loyalty, may be eliminated in the next cycle if they cannot prove their actual utility. According to CryptoBriefing, he explains, “The cryptocurrency market is gradually reorganizing around projects with a solid business foundation. Each cycle sees a surge of competing projects, and the likelihood of long-term survival relying solely on community models is decreasing. In the future, only projects that can demonstrate a clear profit structure and real value will survive.”
The BNB chain will implement the Fermi upgrade on mainnet on January 14th.
According to CoinTelegraph, the BNB blockchain will implement the Fermi hard fork on mainnet on January 14th (local time). The Fermi upgrade will reduce the block generation interval from 750 milliseconds to 250 milliseconds, thus enabling the processing of more transactions per second. It will also introduce a new indexing mechanism, allowing queries to retrieve specific data without downloading the complete block history. This is said to significantly reduce the computational resources required for node operation.
Analysis indicates that "BTC's weekly chart is forming a death cross cross... it may fall to $67,000."
Some analysts point out that if Bitcoin falls below $86,000, it could drop as low as $67,000. According to U.Today, cryptocurrency analyst Ganza Khanzadayev stated, "If BTC fails to recover $90,000 before the weekly close, the death cross pattern on the weekly chart will persist, and in the worst-case scenario, it could fall to $67,000. Currently, Bitcoin is trading around $87,000, technically entering a dangerous zone where the 50-week moving average could cross below the 200-week moving average. If the key support level of $86,000 is breached, the next major support level will shift down to $74,111, not $80,000. Although the weekly death cross has not yet been confirmed, without strong buying inflows this week, it could very well develop into a medium- to long-term downtrend."
BTC falls below $87,000
BTC has fallen below $87,000. According to Binance USDT market data, BTC is currently trading at $86,965.44.
