🚨 🚨 🚨 🚨 🚨 100,000,000 #USDT (100,005,500 USD) transferred from #Aave to unknown wallethttps://t.co/z4QXZ6R5Ts ...

Market Overview - Bitcoin reached an eight-day high of $90,353 but has since pulled back to just under $90,000, reflecting a 2.2% increase on the day according to CoinGecko data [1] - The recent price movement is attributed to speculative futures trading rather than genuine investor demand [1] Futures Market Dynamics - Since December 18, open interest and cumulative volume delta (CVD) for perpetual futures have increased, while spot CVD has declined, indicating a derivatives-led price movement without corresponding spot market buying [2] - Aggregate open interest has been trending down since late November, with Bitcoin facing repeated rejections above the $90,000 level, highlighting ongoing selling pressure [4] Investor Sentiment - The "Coinbase premium," which measures the price difference for Bitcoin on Coinbase versus global averages, has turned negative, suggesting a lack of premium buying demand from U.S. investors [3] - U.S. spot Bitcoin exchange-traded funds (ETFs) have experienced net outflows recently, indicating a lack of sustained institutional inflows [3] Institutional Activity - Digital Asset Trusts (DATs) saw approximately $2.23 billion in net inflows for the week of December 15-21, marking a 72% increase from the previous total of $1.293 billion [5] - This surge in DAT accumulation was driven by significant corporate treasury purchases of Bitcoin, XRP, and Ethereum, influenced by the Federal Reserve's interest rate decision on December 10 [6] Market Vulnerability - Despite the notable institutional accumulation, the overall market strength remains weak, with year-end liquidity typically drying up, making the current rally vulnerable to headwinds that have previously hindered momentum above $90,000 [6]

JPMorgan is exploring offering crypto trading — Source: CoinGape JPMorgan is reportedly assessing what crypto products it could offer. The efforts are said to still be in the early stages. This comes as major U.S. banks like PNC roll out Bitcoin trading. The world’s largest U.S. bank, JPMorgan, is reportedly exploring crypto trading for institutional clients even as U.S. banks embrace crypto and look to provide exposure for their clients. According to the reports, the move is still in its early st ...

JPMorgan Chase is weighing whether to offer cryptocurrency trading services to institutional clients, Bloomberg reported on Friday, citing a person familiar with the matter. The move would make the largest U.S. bank by assets one of the most prominent financial institutions yet to consider entering the crypto trading space for major clients. According to the report, JPMorgan is assessing different types of products, including spot and derivatives trading, but has not committed to launching any specific se ...

BitMine Immersion Technologies (BMNR), the ether treasury firm helmed by Fundstrat's Thomas Lee, crossed the 4 million ether (ETH) milestone after acquiring 98,852 tokens last week, according to its Monday update. The purchase, valued at roughly $300 million at Monday prices, brings BitMine’s total ETH holdings to 4,066,062 tokens, or 3.37% of the current ETH supply. The firm also kept $1 billion in cash, unchanged over the week despite the purchases. Its ETH treasury alone is worth just over $12 billio ...

JPMorgan is exploring offering cryptocurrency trading services to its institutional clients. The Wall Street bank is evaluating what crypto products and services its markets division could provide, potentially including spot and derivatives trading for institutions. The plans are not yet public and remain under assessment. https://t.co/NjtPtm1JYJ ...

🚨 🚨 🚨 🚨 28,000 #ETH (85,445,620 USD) transferred from #Arbitrum to #Binancehttps://t.co/eypLwRlh8I ...

RT Watcher.Guru (@WatcherGuru)JUST IN: $4 trillion JPMorgan is considering offering crypto trading for institutional clients. ...

JUST IN: $4 trillion JPMorgan is considering offering crypto trading for institutional clients. ...

BitMine Immersion (BMNR) added nearly 99,000 ETH in the past week, bringing its ETH holdings to 4.07 million ETH, representing 3.37% of total ETH supply, with total crypto and cash holdings of $13.2 billion. https://t.co/FOXnHuvEn7 ...