What Happened Last Night···December 23 Cryptocurrency Morning News

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BlockStreet
9 hours ago
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Graphic = Reporter Park Hye-su
Graphic = Reporter Park Hye-su
1. Cryptoquant "Cryptocurrencies, leave exchanges and move to personal wallets... Possibility of rebound"
Through a report released on the 22nd, the on-chain analysis platform Cryptoquant pointed out the whereabouts of cryptocurrencies that have recently left the exchanges, and argued that the cryptocurrency market could rebound. Cryptoquant pointed out that along with the recent decline in the cryptocurrency market, about $2.5 billion worth of cryptocurrencies have moved from exchanges to personal wallets. Cryptocurrencies that have left the exchanges and moved to personal wallets are generally interpreted as a signal of a bullish market. The Cryptoquant report explained that "the phenomenon of cryptocurrencies leaving the exchanges may mean a decrease in selling pressure" and that "Bitcoin (BTC) could rebound to over $100,000 in the short term."

2. Joo Gi-young "Windows and Android have a high risk of cryptocurrency hacking"
Through his X account on the 22nd, Joo Gi-young, CEO of Cryptoquant, pointed out that Windows and Android smartphones are at risk of hacking, and recommended using Macs and iPhones. The representative has pointed out that smartphones using Windows as the operating system have suffered from malicious attacks several times since the beginning of this year.

3. Ethereum accumulation wallet, Ethereum holdings increased by 60% in 5 months
It was revealed that the Ethereum (ETH) holdings of wallets holding Ethereum have increased significantly this year. Through a report released on the 22nd, Cryptoquant reported that between August and December this year, the Ethereum holdings of wallets holding Ethereum increased by about 60%, reaching about 16% of the total Ethereum market supply. According to the report, the total circulating supply of Ethereum is 1.2 billion, and the Ethereum holdings of the accumulation wallets reached about 194 million.

4. VanEck "If the US government accumulates Bitcoin, debt will decrease by 36% by 2050"
Through a report on the 22nd, asset management firm VanEck presented an idea for the US government to reduce debt through the accumulation of Bitcoin. The report forecasted the expected price increase of Bitcoin along with the growth rate of US government debt, predicting that while US government debt will grow by 5% annually, the price of Bitcoin will grow by 25% annually. Based on this forecast, VanEck predicted that the price of Bitcoin will increase to $42 million per coin by 2049, and can reduce about 36% of US debt.

5. Michael Saylor urges Amazon CEO Jeff Bezos to invest in Bitcoin
Michael Saylor, founder of MicroStrategy, proposed a $600 million Bitcoin purchase to Jeff Bezos, CEO of Amazon. After hearing the news that Jeff Bezos will spend about $600 million for his wedding on the 28th, Michael Saylor linked the news to his X account and suggested spending the $600 million on Bitcoin.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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