ChainCatcher news, former a16z partner and Coinbase CTO Balaji Srinivasan posted on the X platform that cryptocurrency represents international capitalism. Currently, both BTC and artificial intelligence have entered the vertical phase of the adoption curve. He shared performance result charts of OpenAI's large language model and the net asset management scale of the U.S. spot Bitcoin ETF, and pointed out that in terms of the trajectory of mass adoption, Bitcoin's growth rate may be faster than that of the internet.

ChainCatcher news, OKX released the 26th proof of reserves, with the reserve ratio of 22 publicly listed cryptocurrencies exceeding 100%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 105%, 102%, 102%, and 100% respectively, with a total value of $30,807,845,128.Previously, OKX CEO Star published an open letter titled "A Tribute to Another Year of Perseverance," in which he mentioned that in 2022, OKX released proof of reserves (PoR) monthly, allowing users to clearly understand the platform's total asset situation. At the same time, a "self-verification" tool was launched, enabling customers to verify at any time whether their funds on the platform are backed 1:1.As of now, over 2 million users have utilized our proof of reserves (PoR) verification tool. OKX is one of the first platforms to launch this tool in 2022, and since the introduction of proof of reserves (PoR), the platform's reserves have doubled, reflecting users' trust in the platform.

ChainCatcher news, QCP Capital's latest analysis points out that BTC spot has shown a significant gap due to thin liquidity, with recent rebounds limited by persistent selling pressure.Since December 19, net outflows from spot ETFs have reached $1.8 billion, and MicroStrategy's BTC purchases have noticeably slowed down, reflecting the weak trend in the crypto market consistent with overall market sentiment, as the S&P 500 and Nasdaq have fallen more than 1% for the third time in eight trading days. Despite a lackluster year-end performance, BTC has risen 120% by year-end, surpassing global stocks and gold.Looking ahead to 2025, despite an optimistic outlook on crypto-friendly policies after the Trump administration, adjustments in institutional asset allocation may become a key catalyst. The widespread adoption of BTC among various institutions is expected to strengthen its dominance, stabilize spot volatility, and drive an increase in demand for hedging and selling call options.

ChainCatcher message, the market shows that BTC has broken through 94,000 USD, currently reported at 94,064.84 USD, with a 24-hour increase of 0.21%.

ChainCatcher message shows on-chain data that Tether currently holds a total of 83,758.57 BTC, worth 7.7 billion USD. Yesterday, wallets associated with Tether received 7,628.92 BTC from the Bitfinex marked wallet, and shortly after, another 775.568 BTC was sent to the same address.The last increase in Tether's Bitcoin reserves was in March 2024, when it acquired 8,888.88 BTC. Prior to that, on December 31, 2023, Tether also acquired 8,888.88 BTC. Given the repeated use of the auspicious number 8, there is speculation that Tether may increase its holdings by 484.4 BTC in 2024, once again reaching the milestone of 8,888.88.Analysis suggests that Tether's recent increase in BTC reserves indicates a strategic initiative to enhance its BTC cache, possibly aimed at consolidating its position in the cryptocurrency market.

ChainCatcher message, OKX-BTC/USDT is currently at $95041.20, with a 24-hour increase of 1.64%.

ChainCatcher message, OKX-BTC/USDT is currently at $94043.30, with a 24-hour decline of 0.23%.

ChainCatcher news, according to CoinDesk, analysts explain the recent stock price trends of MicroStrategy (MSTR) through Soros' Theory of Reflexivity. This theory posits that there is a two-way interaction between investor expectations and prices: optimistic investors drive prices up, and rising prices enable the company to finance at lower costs, further improving performance and pushing prices higher, creating a virtuous cycle. However, when this cycle is broken, price adjustments may exceed market expectations.The stock price of MicroStrategy (MSTR) has continued to decline after being included in the Nasdaq 100 index, once dropping to the $300 mark, down nearly 45% from its historical high of $543 at the end of November, and about 30% from the $430 announced on December 14 after the Nasdaq 100 inclusion. Analysts point out that several market signals suggest MSTR may have formed a short-term top, including: the company's stock price skyrocketing nearly 8 times this year, founder Michael Saylor frequently appearing and promoting the new "Bitcoin yield" indicator, and multiple companies beginning to emulate its Bitcoin reserve strategy.Despite the recent significant pullback, MSTR's long-term performance remains impressive. The stock is still up over 400% this year, with a cumulative increase of 20 times since it began implementing its Bitcoin reserve strategy in August 2020. Most analysts believe that MSTR has experienced similar magnitude pullbacks multiple times over the past three years, but ultimately ended with gains.

ChainCatcher message, OKX-BTC/USDT is currently at $92108.60, with a 24-hour decline of 2.76%.

ChainCatcher message, according to Arkham monitoring, about 10 minutes ago, Grayscale transferred 1400.002 BTC, worth 129.24 million USD, to Coinbase Prime Deposit and an unknown address.

ChainCatcher news, according to Onchain Lens monitoring, Tether's Bitcoin reserves received 7,629 BTC after being idle for 9 months, worth $705.25 million.Currently, Tether's Bitcoin reserve is 82,983 BTC, worth $7.68 billion.

ChainCatcher message, the market shows that BTC has fallen below 93,000 USD, currently reported at 92,962.24 USD, with a 24-hour decline of 2.08%.

ChainCatcher message, OKX-BTC/USDT is currently at $93100.20, with a 24-hour decline of 2.00%.

ChainCatcher news, CoinDesk analyst James Van Straten stated that U.S. Treasury Secretary Janet Yellen sent a letter to congressional leaders indicating that the Treasury expects the U.S. to reach its debt ceiling as early as between January 14 and 23, 2025, and may need to take "extraordinary measures" to avoid a federal government debt default.Raising the debt ceiling has historically been a negative signal for Bitcoin; in the past five such instances, Bitcoin experienced declines or poor performance in the following days.Since the cycle low in November 2022, Bitcoin has been consistent with the trends of the previous two cycles.The cycles from 2018-2022 and 2015-2018 both experienced significant pullbacks at this point in their respective cycles. Trump's inauguration on January 20 may serve as a bottom signal for Bitcoin.

ChainCatcher news, according to GlobeNewswire, the commercial real estate industry-related AI platform, the U.S. publicly traded company Janover Inc. (Nasdaq: JNVR) announced its plan to start accepting payments in Bitcoin (BTC) as well as Ethereum (ETH) and Solana (SOL) for certain services, aiming to leverage cryptocurrency to create long-term value.The company's CEO stated, "At Janover, we remain focused on our core business. But we also recognize that digital currencies like Bitcoin are being increasingly accepted and have tremendous potential for the future. We have seen how companies like MicroStrategy have successfully leveraged the appreciation of Bitcoin, and we believe we have the opportunity to participate in the market in a prudent and responsible manner."

ChainCatcher news, according to GlobeNewswire, the artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin purchases for its Bitcoin treasury by an additional $10 million, bringing the total to 319.4 Bitcoins, valued at $30 million, with an average price of $93,919 per Bitcoin.The company announced its "Bitcoin First" strategy on November 12, committing to hold 90% or more of its existing and future reserves in Bitcoin, with an initial target of $120 million. In the following six weeks, the company purchased $30 million worth of Bitcoin.

ChainCatcher message, CoinGecko data shows that the total market capitalization of cryptocurrencies is $3.426 trillion, with a 24H decline of 2.6%.In addition, BTC market share is 54.1%, ETH market share is 12.0%, and Ethereum Gas fee is 5.466 GWEI.

ChainCatcher news, Michael Saylor announced on the X platform that after increasing his holdings by 2.09 billion dollars to 2,138 BTC, as of December 29, MicroStrategy's holdings reached 446,440 BTC, with a quarterly return of 47.8% and an annual return of 74.1%.