ChainCatcher news, Matrixport released today's chart stating that with the successful attraction of new investors by Bitcoin ETFs, Bitcoin performed strongly in 2024, with an annual increase of 150%, perfectly concluding the year with extraordinary performance. From a risk management perspective, Bitcoin showed a significant upward trend throughout the year, with a peak increase of 44% in February, marking the best performance of the year, while the decline in April was only 15%, with only 5 months recording negative returns for the entire year.It is worth noting that Bitcoin's volatility mainly leans towards the upside, aligning with investor expectations and laying the foundation for a strong start in 2025.

ChainCatcher news, Matrixport released today's chart stating that in 2024, Tether's market capitalization will increase by $50 billion, surpassing the $140 billion mark, solidifying its position as the most core trading tool in the crypto market. At the same time, daily trading volume has surged significantly. It has stabilized in the range of $200 billion to $300 billion, fully reflecting the rapid expansion of the crypto ecosystem.It is worth noting that market activity surged from $30 billion at the end of January to a peak of $300 billion in November, achieving a tenfold increase, showcasing the astonishing potential of the crypto market from stagnation to full explosion. This massive influx of fiat liquidity indicates that 2025 is expected to set new highs.

ChainCatcher news, Matrixport released a report stating that in the 2024 Bitcoin bull market, Ethereum seems to have failed to keep pace with the market. Bitcoin's dominance rose from 50% to 61% at one point, then fell back to 54%, while Ethereum's dominance dropped significantly from 18% to 12%.This decline was particularly evident after the listing of the Ethereum ETF, with its dominance showing a nearly linear downward trend. Meanwhile, market focus has gradually shifted towards Solana and other emerging blockchain ecosystems.However, 2025 may become a key turning point for Ethereum. The inflow of funds into the Ethereum ETF has been strong, which may attract traditional financial institutions (TradFi) to accelerate their entry and begin to accumulate Ethereum on a large scale, as mentioned in our report last week. Although Bitcoin is the main player in this market cycle, Ethereum may become a "dark horse" and achieve a strong rebound in the future.

ChainCatcher message, according to the latest report from Matrixport, Bitcoin is expected to reach $160,000 in 2025, with an anticipated upside of 60%.The report points out that with increased institutional adoption, improved regulatory clarity, and rising speculative activities, the Bitcoin market is becoming increasingly mature. In 2024, Bitcoin's price performance exceeded expectations, attracting more investors to gain returns through Bitcoin ETFs. It is expected that by 2025, Bitcoin's adoption rate will likely exceed 8%, which will drive its transformation from a niche asset to a core component of the global financial market.Moreover, the demand for Bitcoin in the market continues to grow, and changes in the macroeconomic environment along with the expansion of global liquidity provide support for its price increase. The report also emphasizes that Bitcoin's resilience and its role as an inflation hedge will further solidify its position in the global financial market.

ChainCatcher news, Matrixport released today's chart stating that recently, the demand for Ethereum ETFs has seen a significant increase, with a total net inflow of up to $1.8 billion over the past 12 days, and no single day of net outflow. Among these, three days saw a single-day inflow exceeding $300 million. Adjusted for market capitalization, this is equivalent to nearly $1.2 billion in daily inflows for Bitcoin.This flow of funds may reflect a reallocation of investment direction or an expansion of scope, coinciding with the new fiscal year that U.S. mutual funds typically begin on December 1, while also reflecting the market's optimistic expectations for 2025. If this demand continues, Ethereum's price in 2025 may rise significantly.

ChainCatcher message, Matrixport posted on X that the recent greed and fear index has surpassed 90%, indicating that Bitcoin may experience a period of consolidation before resuming its upward trend.

ChainCatcher news, Matrixport released today's chart stating that while stablecoin-related metrics remain at relatively high levels over the past 12 months, weekly inflows have significantly declined from a peak of $8 billion to $4 billion. This metric needs to be monitored closely; if inflows continue to decrease, it may indicate that the market will enter a prolonged consolidation period, especially during the typically quiet year-end Christmas holiday season.Even though the trend of slowing inflows may persist, we remain optimistic about market performance in 2025. Bitcoin prices are expected to rise steadily, but short-term gains may be moderate.

ChainCatcher news, Matrixport released today's chart stating that Grayscale has submitted an application to convert the Solana Trust into a spot ETF. Although the current assets under management for this product are relatively small at $134 million, if approved, it will set an important market precedent for other ETF issuers. It is particularly noteworthy that Solana's financing rate currently reaches an annualized 70%, putting immense pressure on leveraged long positions. Historical experience shows that similar high financing rates are often associated with price corrections, as seen in March this year when the SOL-USDT price experienced a pullback under a similar financing rate backdrop.In the weekly report "Matrix on Target," it was mentioned that after Trump's election as president, he is expected to nominate crypto-friendly legal advisor Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). If this nomination comes to fruition, it is expected to have a positive impact on the crypto industry.

ChainCatcher news, Matrixport released today's chart stating that historically, Bitcoin's performance in December has been mixed, with 6 months recording positive returns and 4 months negative returns, resulting in an increase rate of about 60%. Nevertheless, the average return in December remains robust at 9.6%+. If this trend continues, Bitcoin is expected to challenge the $110,000 level by the end of the year.Seasonal patterns indicate that the fourth quarter is typically the strongest period for market performance, so it is not surprising that the anticipated altcoin rally starts during this phase.

ChainCatcher news, Matrixport's dual-currency investment product officially launches Dogecoin (DOGE), supporting flexible investment periods from 1 to 209 days, with a real-time APY of up to 213.08% (as of December 3, 2024, 10:00, real-time data for reference only).Dual-currency investment is a structured product first launched by Matrixport in the industry, flexibly meeting users' investment needs for buying low and selling high. Currently, Matrixport's dual-currency investment supports 14 types of crypto assets including BTC, ETH, BNB, and DOGE.Founded in 2019, Matrixport is a leading global and Asia's largest one-stop crypto financial service platform, dedicated to creating a super account for users that integrates functions such as crypto asset trading, investment, lending, custody, RWA, and research. Matrixport's asset management and custody volume reaches 6 billion USD.

ChainCatcher news, Matrixport released today's chart stating that the monthly inflow of funds into Bitcoin spot ETFs has surged to $6.5 billion, setting a new historical high, far exceeding any previous month's record.As the price of Bitcoin continues to rise, it has attracted more investors. Especially on Wall Street, the price of Bitcoin keeps hitting new highs, and investors in Bitcoin ETFs are now fully profiting. With the $100,000 milestone within reach, market enthusiasm continues to climb.The risk managers who previously approved the increase in Bitcoin ETF investment limits are clearly satisfied with this market performance and have all reaped rewards. This decision has also laid a solid foundation for portfolio managers to further increase Bitcoin allocations in early 2025.

ChainCatcher news, Matrixport released a report stating that the elected President Trump has nominated three key cabinet minister candidates, who will respectively head the U.S. Department of the Treasury, the Department of Commerce, and the Securities and Exchange Commission (SEC). These candidates are generally considered to have a friendly attitude towards cryptocurrencies and are aware of the inevitability of digital assets in the modern financial system. Their nominations are expected to further integrate cryptocurrencies into the U.S. economy.Ironically, the U.S. may become a beneficiary of MiCA. During Trump's second term, his pro-cryptocurrency ministerial team is expected to focus on integrating cryptocurrencies into the U.S. economy to drive technological innovation and economic growth. The domestic debate in the U.S. has shifted from merely establishing a regulatory framework to fully embracing cryptocurrencies as a driver for creating economic opportunities and advancing technological progress. The possibility of the U.S. establishing a strategic Bitcoin reserve is increasing. However, the U.S. may not actively purchase Bitcoin but rather indefinitely hold the Bitcoin it already possesses.If the aforementioned nominations come to fruition, Bitcoin as digital gold may evolve into a revival of decentralized finance (DeFi), and the digitization of the U.S. financial economy could make cryptocurrency applications the biggest winner of this election. This shift may also force other countries and regional governments to accept cryptocurrencies, accelerating their global adoption. In the scenario of a revival of decentralized finance (DeFi), Ethereum may catch up.

ChainCatcher news, Matrixport released today's chart stating that the funding rate for Bitcoin continues to rise. Although BTC is undergoing a typical market correction, leveraged traders remain confident about the future. From a technical perspective, the price may pull back to the $89,000-$90,000 range, a key support level that is expected to stabilize the market. With the Thanksgiving holiday approaching, Bitcoin's astonishing gain of +119% year-to-date is sure to be a hot topic at holiday tables.More notably, Bitcoin is expected to once again be the best-performing asset of the year. The highlight of this rally is that traditional finance (TradFi) investors are increasing their positions through ETFs. Looking ahead to 2025, more institutional funds may flow in, further solidifying Bitcoin's strong upward momentum and reinforcing its long-term bullish outlook.