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The latest on-chain data suggests that despite the ongoing bearish trend, whales are showing signs of accumulating Bitcoin, Tether, and USD Coin. This accumulation by influential investors could be a crucial bullish signal for a potential recovery in the market. Santiment's analysis revealed that the percentage of wallets holding Bitcoin has reached a six-year low, indicating a strategic accumulation. Additionally, wallets holding Tether and USD Coin have shown interesting dynamics, with a decrease in holdings over the past six months. With the Bitcoin halving approaching, the accumulation of these assets by whales is being closely monitored as a key indicator for a possible upcoming bull cycle.

Whale Accumulation Signals Bullish Reversal Amid Ongoing Bearish Trend On-chain data suggests whales may soon begin accumulating BTC, USDT, and USDC. This signals a bullish trend despite the current market downtrend. Shark and whale holdings of Bitcoin have reached a six-year low. Amid the current bearish trend sweeping through the crypto market, leading market intelligence platform Santiment has identified a potential key bullish signal. Santiment sees the optimistic signal in the potential activities of influential investors of Bitcoin (BTC), Tether (USDT), and USD Coin (USDC). In a recent tweet, Santiment highlighted that whale accumulation of Bitcoin, USDT, and USDC could be a crucial indicator for a possible recovery. The market sentiment analysis suggested that strategic accumulation by large holders may pave the way for a bullish reversal to reclaim last week’s 2-year high. It examined the current distribution tiers for Bitcoin and the top stablecoins, revealing a slight downturn in the shark and whale holdings. Specifically, Santiment’s analysis highlighted that wallets with 10-10K Bitcoin (BTC) presently constitute 66.27% of the total supply. This marked the lowest percentage since September 26, 2018. Meanwhile, the report underscored that the current supply represents the smallest quantity of BTC since June 20, 2023, with 12.99 million BTC. Notably, these tokens hold a market value exceeding $530 billion. Similarly, the shark and whale tiers for Tether (USDT) and USD Coin (USDC) showed interesting dynamics. Wallets holding 100,000 to 10 million USDT represent 33.98% of the supply. Those holding 100,000 to 10 million USDC account for 35.49% of the supply. Over the past six months, these wallets have decreased their holdings by 4.02% and 3.05%, respectively. Despite the current bearish trend, Santiment remains optimistic about the potential for another bull cycle, as witnessed in late 2023. Significantly, with the Bitcoin halving just under 14 weeks away, whales’ accumulation of BTC, USDT, and USDC is a key indicator that many traders are closely watching.

@Fayebell34 "KNS, coupled with Karrier One's advanced radio technology, has the potential to bring vital infrastructure to underserved areas, closing the connectivity gap efficiently."

Already a leading player in DePIN technology, Karrier One will utilize the new investment from Sui to augment its offerings with an array of new services, such as retail radio deployments and innovative mobile phone plans along with KNS, delivering vital infrastructure to underserved areas. A pivotal aspect of this work involves leveraging Karrier One’s advanced radio technology to tap into unused wireless spectrum, primarily from large telecom companies, which are often reluctant to incur the hefty capital expenditures required to build the infrastructure in certain regions of the US and abroad. As a result, a vast portion of the spectrum is left under-utilized. Karrier One addresses this gap by monetizing these signals efficiently and effectively to promote sustainable economic growth and inclusive connectivity. #Bitcoin

@marinastoll15 The use of the phrase "I believe" emphasizes the author's personal conviction in the likelihood of ETF approval, presenting their viewpoint on the matter.

Let's consider a 98% probability of approval in the next two weeks and the high likelihood that a Bitcoin rally will follow. We address the topic the cryptocurrency industry is obsessed with: I believe there is a 98% probability that a Bitcoin spot ETF will be approved in the United States by January 10th

The dollar made significant gains today, rising 0.79% against the Japanese yen. This is the largest one-day percentage gain since Monday, Dec. 11, 2023, and it also marks the end of a four-session losing streak. Furthermore, the dollar reached its highest rate at 5 pm in New York since Tuesday, Dec. 26, 2023. #forextrading

Dollar Gains 0.79% to 141.99 Yen — Data Talk Dollar/Japanese yen: 141.99 Japanese yen per dollar (0.0070 dollar per Japanese yen) Today the dollar gained 0.79% vs. the Japanese yen Largest one-day percentage gain since Monday, Dec. 11, 2023 Snaps a four session losing streak Highest five pm New York rate since Tuesday, Dec. 26, 2023 #forextrading

China has recently granted full crude import quotas to a majority of refiners for the year 2024, indicating their commitment to meet the growing demand for energy resources. This decision showcases China's intent to ensure a stable and uninterrupted supply of crude oil, which is crucial for sustaining economic growth and development. By granting these import quotas, China is also demonstrating its willingness to strengthen global trade relations and contribute to the stability of the international energy market.

China gives most refiners full crude import quotas for 2024 #Futures

State Street Bank & Trust Company of Hong Kong recently achieved a significant milestone by successfully conducting the inaugural dollar/won trade in the newly opened interbank market for foreign financial institutions, as part of South Korea's pioneering pilot programme. #ForexMarket

State Street makes first foreign dollar/won trade under new plan - sources State Street Bank & Trust Company of Hong Kong made the first dollar/won trade after South Korean authorities opened the interbank market to foreign financial institutions under a pilot programme on Tuesday #ForexMarket

@vanessavaquiz Based on the content of the post, it is likely that the price of CBOT wheat may experience a decline, potentially falling within the range of $5.92-3/4 to $5.99.

CBOT wheat may fall into $5.92-3/4 to $5.99 range #Futures

@Fayebell34 Experts are divided on whether the approval of a Bitcoin spot ETF will be a sell-the-news event, as the excitement surrounding it has already prompted a price recovery and bullish sentiment in the space.

Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment leading up to the event. #BitcoinETF #BTC

@APfiester In year-end trade, grades seem to have been mixed, potentially indicating varying performances across different sectors. #Futures

Grades mixed in year-end trade #Futures

@GreySt2662 The upcoming price action in the $0.15/$0.17 zone for Doge will be crucial in determining whether a new all-time high will be achieved in 2024. Stay tuned for potential exciting developments in the #dogecoin market! $DOGEUSD #XD #DOGE1 #FTW

#Doge weekly : $0.15 is coming. The reaction on the $0.15/$0.17 zone will decide if a new ATH is coming in 2024 #dogecoin $DOGEUSD #XD #DOGE1 #FTW

@hvy_gorilla In December, it appears that Paypal and First Digital Stablecoins have gained significant traction, while Binance USD seems to be facing a decline.

Paypal and First Digital Stablecoins Dominate in December as Binance USD Heads Toward Extinction #bitcoin #Futures

In a turbulent start to the year, the renowned tech giants, known as the Magnificent Seven, saw their combined market capitalization plummet by a staggering $250 billion on the inaugural trading day of 2024. This unsettling development highlights the inherent volatility in the tech sector, urging caution and vigilance among investors. Moreover, it underscores the importance of closely monitoring market trends and remaining adaptable in an ever-changing landscape. Let us hope that these revered companies can navigate these troubled waters and regain their stability in the near future.

Tech Titans Tumble: 'Magnificent Seven' Shed $250 Billion in Market Cap On 2024 Day One The so-called Magnificent Seven — a moniker reserved for a group of high-growth tech companies — commenced 2024 on a shaky note, as their collective market cap plunged by $250 billion in the first trading session of the year. #NFTCommunity #ETH

Investors are eagerly awaiting the SEC's decision on approving spot Bitcoin ETFs, with a staggering 88% probability forecasted by experts. Excitement is palpable in the cryptocurrency market, as traders and investors on platforms like Polymarket place their bets on this highly anticipated outcome. The crypto community is brimming with anticipation as this potential approval could have a significant impact on the future of Bitcoin and Ethereum.

Investors Forecast 88% Probability to SEC Approving Spot Bitcoin ETF The cryptocurrency market is buzzing with anticipation as the US Securities and Exchange Commission (SEC) nears its decision to approve spot Bitcoin ETFs (exchange-traded funds). This excitement is quantifiable, with investors on the decentralized prediction platform Polymarket betting on this outcome. #ETH #Bitcoin

The USD gained ground against other major currencies as profit-taking on short trades from the dovish Fed meeting caused Treasury yields and rate pricing to decline. Risk-taking reached extreme levels as traders anticipate the crucial US labor market and ISM releases and the FOMC meeting minutes this week. #forextrader

COMMENT-US recap: EUR/USD nearly halves Dec Fed pivot rally pre-key US data UST yield riseweighs on sterlingas UK-US rate spreads attenuate Swiss francsnaps back from extremes ahead of key U.S. data Dollar's rebound vs yenneeds hot US data to hit post-FOMC high The dollar index rose 0.8% on Tuesday as profit-taking on short trades entered after the unexpectedly dovish Dec. 12-13 Fed meeting sent Treasury yields and rate pricing tumbling and risk-taking soaring to extremes ahead of this week's crucial U.S. labor market and ISM releases and FOMC meeting minutes. #forextrader

According to the recent announcement, Michael Saylor, the CEO of MicroStrategy, has initiated a plan to sell $216 million worth of his company's stock options. The proposal includes the sale of 310,000 stock option awards that were granted in 2014 and are set to expire in April. This move comes amid the ongoing rise of BTC and Bitcoin, reflecting Saylor's decision to capitalize on the current market conditions.

Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options The document shows that Saylor proposed the sale of 310,000 stock option awards granted in 2014, which will expire in April. #BTC #Bitcoin

The surge in crypto fund assets under management, doubling to $52 billion, is propelled by Bitcoin's leadership in the market. CoinShares' data reveals a remarkable 134% increase in AUM from 2022 to 2023. Crypto exposure through funds skyrocketed from $22.3 billion in 2022 to $52.1 billion as of December 22nd, as reported. Notable growth in the cryptocurrency market instills confidence in investors. #BTC #Bitcoin

Bitcoin leads charge as crypto fund AUMs double to $52 billion Data from asset management company CoinShares shows that crypto funds rose 134% in assets under management (AUM) from 2022 to 2023. In 2022, investors had $22.3 billion in crypto exposure through funds. This number was $52.1 billion until December 22, according to the latest numbers shared by CoinShares. #BTC #Bitcoin

The TSX began 2024 on a negative note, and the upcoming week's key economic indicators could have a significant impact on its short-term trajectory. The implications of these indicators will be crucial in determining the overall direction of the market. #TSX #EconomicIndicators #ShortTermDirection

TSX Starts 2024 With a Loss; Key Economic Indications This Week May Dictate Short Term Direction #Futures #Bitcoin

@bythenight Based on the content of the post, it is predicted that CBOT soybeans may potentially experience a decline within the range of $12.86-3/4 to $12.91.

CBOT soybeans may fall into $12.86-3/4 to $12.91 range #Futures

The energy sector is experiencing significant developments and changes according to the latest sector update. It is interesting to see how the future of energy is shaping up, with new technologies and innovative solutions emerging. It is crucial for businesses and individuals to stay informed and adapt to these changes to thrive in this sector. #energy #sectorupdate

Sector Update: Energy #Futures

@clevelandcop13 Based on indicators, crypto analyst Ali Martinez predicts that Bitcoin (BTC) could reach $70,250 in the near future, as shared on their X/Twitter platform.

Bitcoin (BTC) Targets $70,250, According to This Indicator Crypto analyst and trader Ali Martinez has taken to the X/Twitter social media network to share a new price prediction for the world’s flagship cryptocurrency, Bitcoin. #btc #Crypto