ChainCatcher news, according to The Block, MicroStrategy will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first Bitcoin concept stock to be included in this index. According to Bloomberg analysts, the company will have a weight of 0.47%, ranking 48th, and is expected to attract about $2.1 billion in passive fund inflows. The company currently holds 439,000 Bitcoins, with a total value exceeding $45 billion, accounting for approximately 2% of the total Bitcoin supply.MicroStrategy plans to adopt the new accounting standards from the Financial Accounting Standards Board (FASB) in the first quarter of 2025, which allow companies to measure digital assets at fair value and recognize fair value changes in net income for each reporting period. Benchmark analyst Mark Palmer believes that this change could help the company meet the earnings requirements for the S&P 500 Index by June 2025, paving the way for its further push into the S&P 500 Index.

ChainCatcher news, according to The Block, MicroStrategy (MSTR) will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first Bitcoin-focused company to be included in the index.The index includes the 100 largest non-financial companies listed on the Nasdaq stock market. Being part of this index means that ETFs tracking the index can purchase a significant amount of shares. Analysts expect this will bring about $2.1 billion in passive ETF buying. Although the company has not yet met the earnings criteria for the S&P 500, MicroStrategy is expected to be included in the S&P 500 quarterly adjustment in June 2025 after the new accounting standards take effect in January 2025.

ChainCatcher news, Caixin Macro analyst Jack Allen-Reynolds stated that the PMI preliminary value shows that economic activity in the Eurozone continues to slow down this month, which will further stimulate the European Central Bank to cut interest rates. The PMI remains below the level of October, which historically aligns with economic contraction. This will reinforce the view of European Central Bank policymakers that further rate cuts should be made on the basis of last week's reduction in borrowing costs.Earlier on Monday, European Central Bank President Lagarde stated that it is necessary for the European Central Bank to cut interest rates again due to the impact of potential new tariffs on European exporters from the United States. (Jin Shi)

ChainCatcher news, according to Morningstar, BIT Mining's chief economist Youwei Yang stated that a key factor for seeing the next progress of Ethereum is an increase in regulatory clarity, especially regarding the regulation surrounding staking classification.Ethereum staking refers to the process where holders lock up Ethereum to secure the Ethereum blockchain and earn rewards. The current Ethereum ETFs do not stake the held Ethereum, which is a concession by the issuers due to the associated regulatory uncertainty.

ChainCatcher message, on-chain analyst Maartunn shared IntoTheBlock data on X stating: "In the past year, miners' Bitcoin balance decreased from 1.99 million BTC to 1.90 million BTC, a decline of 4.74%. Miners are steadily selling, but the amount is not large. This suggests that they may be selling some BTC to cover operational costs."

ChainCatcher news, according to Cointelegraph, market analysts suggest that Ethereum may reach an all-time high in the first quarter of 2025. According to a market report released by Bybit and Block Scholes, as the crypto market deleverages last week, Ethereum may soon catch up to Bitcoin's gains, which "indicates a reset of leveraged long positions."Bybit analysts state that the liquidation of leverage could lay the groundwork for Ethereum to reach an all-time high in the first quarter of next year. The first quarter of 2025 is expected to set new highs, as the anticipation of Ethereum's price surpassing unfolds, with ETH showing strong momentum in the derivatives market.Crypto analyst The Long Investor mentions that Ethereum needs to first break through the key resistance level of $4,100. If it breaks through $4,100, it could rise all the way to the all-time high of $4,865. They also stated that they will hold ETH until it reaches $8,800.

ChainCatcher news, according to Cointelegraph, after U.S. Senator Lummis proposed the U.S. government to acquire 5% of the Bitcoin supply, Ben Simpson, founder and CEO of Collective Shift, analyzed that if the strategic Bitcoin reserve is approved, the market is expected to become unstable, Bitcoin will rise, and then may pull back.As for the current market conditions, Ben Simpson believes that Bitcoin's dominance (a measure of Bitcoin's share in the total value of the cryptocurrency market) will "start to decline," and as Bitcoin begins to consolidate around $100,000 and altcoins start to "rise," the trend of the market "rotating" to altcoins has actually begun, but it should not directly enter the so-called altcoin season.

ChainCatcher news, Coinstash co-founder Mena Theodorou stated in a report this week that Bitcoin's record "has sparked traders' hopes for the continuation of altcoin season and a potential Christmas rally." According to data from CoinGecko, in the past 10 years, cryptocurrencies have risen around Christmas in 8 of those years.In addition, Nexo analyst liya Kalchev expects that the price of Ethereum should reach $5000 by early 2025.

ChainCatcher news, analysts indicate that as central banks continue to ease monetary policy, the price of Bitcoin may become a major beneficiary of the increase in global liquidity.The European Central Bank announced its fourth interest rate cut of the year this week, lowering the deposit rate by 25 basis points to 3%; after the People's Bank of China cut rates for the first time in 14 years, Goldman Sachs and Morgan Stanley expect a further 40 basis points cut in 2025, marking the largest annual decline since 2015; regarding the Federal Reserve, the CME FedWatch tool shows a probability of over 96% for a 25 basis point rate cut at the FOMC meeting on December 18.Kooner added that after a recent $1.7 billion liquidation, the market's leverage has significantly decreased, and combined with the year-end "Christmas rally" effect, Bitcoin is expected to start a new round of increases.

ChainCatcher news, according to Bitcoin.com, Nexo's research analyst Iliya Kalchev stated that the recent surge in XRP open interest indicates that this fourth-ranked digital asset may remain a "focus" in the crypto space for the foreseeable future. He believes this spike signifies "an expansion of the investor base and an increase in trading activity." A significant increase in open interest is often seen as an indicator of rising speculative trading, as traders bet on future price movements.It is worth noting that Kalchev's comments on the surge in XRP open interest were made a few days after reports from Cryptoquant analysts revealed that open interest had grown by over 30%, bringing the total open interest on major exchanges to $4 billion. However, analyst Maarten Regterschot reportedly warned that this surge could be "leverage-driven," increasing volatility risk. In a statement to Bitcoin.com news, Kalchev attributed this growth to favorable regulatory developments and a rebound in the cryptocurrency market.

ChainCatcher news, according to Jinshi reports, U.S. Bank Chief Economist Stephen Juneau released a latest report warning that investors ignoring inflation data may face liquidation risks in 2025. The latest data shows that the November CPI rose by 2.7% year-on-year and increased by 0.3% month-on-month, up 0.1 percentage points from October; the November PPI rose by 0.4% month-on-month, significantly exceeding the market expectation of 0.2%.Federal funds futures indicate a 98% probability that the Federal Reserve will cut interest rates by 25 basis points next week, but BlackRock Global Fixed Income CIO Rick Rieder, EY Chief Economist Greg Daco, and Nationwide Economist Oren Klachkin all expect that, influenced by potential new policies from Trump, the Federal Reserve may pause the rate-cutting process in early 2025.The market needs to be wary of three major risks: higher tariff policies, deficit financing tax cut plans, and tightened immigration policies, as these factors may keep the core PCE inflation rate elevated over the next two years. Daco particularly pointed out that although the possibility of a rate cut next week is close to a "coin toss probability," the subsequent pace of rate cuts will clearly slow down, and policymakers will remain highly vigilant regarding new government policies.

ChainCatcher news, analyst Ali (@al_charts) posted on the X platform that XRP seems to be forming a bullish flag and may experience a brief pullback before breaking through $2.46, then heading towards a new resistance level of $4.

ChainCatcher news, crypto analyst Ali posted on the X platform stating that, from a macro perspective, ONDO is in the greed phase and is rapidly moving towards the euphoria phase. According to the TD Sequential indicator, ONDO is unlikely to experience a significant pullback in the next three weeks, with its price potentially reaching $5 to $7 in the coming months.At the same time, in the short term, ONDO has just broken through the risk line of the TD Sequential (a key bullish signal), and the recent decline was interrupted by buying, leading to a V-shaped recovery. While a brief pullback to $1.81 or $1.75 is possible, the short-term target is to rise to $3.22, with the potential for further increases.

ChainCatcher news, Bloomberg analyst James Seyffart posted on social media that whether Microstrategy (MSTR) can be classified as part of the Nasdaq 100 may depend on its ICB classification. If the company's operating business is software as a service, it would classify it as a tech stock. However, its stock performance is now largely tied to financial engineering, stemming from its Bitcoin purchases.Chairman Michael Saylor has stated that he hopes to transform MicroStrategy into a "Bitcoin bank." If the ICB reclassifies MicroStrategy as a financial stock, it will not meet the qualifications for the Nasdaq 100.

ChainCatcher message, Greeks.live analyst Adam posted on social media that after several days of adjustment, the market has once again reached a position of strong divergence. Currently, BTC is fluctuating below $100,000, ETH is fluctuating around $3,700, and most altcoins have seen a decline of over 20%.Currently, BTC options account for 80% of the positions and trading volume in the options market, making them highly indicative. Today, large bullish options transactions accounted for nearly 30%, mainly focusing on buying short-term strike prices of $100,000 and above, while actively buying protective puts for the end of the year also accounted for 10% of the trading volume.Currently, the short-term IV exceeds 60%, which is considered high. Institutions have strong expectations for volatility before Christmas, making it relatively cost-effective to buy some year-end expiration options.

ChainCatcher news, Allianz senior analyst Dan North stated, "There are no signs that the inflation dragon has been slain; inflation persists and shows no compelling signs of approaching 2%." It is certain that U.S. inflation has significantly decreased from the cyclical peak of around 9% in June 2022. However, core CPI has been rising since July, following a series of steady declines.Nevertheless, traders in the futures market still believe that there is a strong possibility the FOMC will cut rates by 25 basis points again in December. North stated, "When the market is in distress like today, the Fed does not want to surprise anyone, so unless there is an unforeseen (inflation) surge, I am quite confident that the Fed (rate cut) is secured."

ChainCatcher news, Bloomberg analyst Eric Balchunas posted on the X platform that BlackRock's Bitcoin spot ETF "IBIT" has assets equivalent to the total of 50 ETFs focused on Europe (regional + single country), which have been in existence for 20 years.In addition, ETF and technology strategist Todd Sohn believes that the investment environment in Europe has bottomed out and cannot get any worse.

ChainCatcher news, according to Jinshi reports, since Trump won the election, the market has been in an absolute frenzy, but investors are questioning whether this sensational performance can continue after his inauguration.Analyst Brian Russ stated, "If we expect the deficit to widen and inflation to rise cyclically, then the appeal of bonds will decline compared to physical assets. This could be stocks, and of course, precious metals. I think Bitcoin and commodities will also be included in the discussion. You can see some price trends in commodities, driven partly by stories and partly by supply dynamics."Russ mentioned that ETFs may impact the traditional 60/40 investment portfolio, as more people are shifting from the bond market to alternative investments. "The 60/40 portfolio has always been 60% stocks and 40% bonds. Now people are looking for alternatives. Therefore, we may not allocate the entire 40% of investments to bonds. Perhaps gold and silver will take up a portion, and maybe Bitcoin will also occupy part of it." As these portfolio reallocations occur, it is expected that the trends of gold, Bitcoin, silver, and even some other assets will be favorable. He believes that fixed income will face headwinds, and we may currently be in the early to mid-stages of this situation.

ChainCatcher news, CryptoQuant analyst ShayanBTC stated that Ethereum's funding rate has reached a multi-month high, indicating a rebound that suggests bullish momentum, but a correction may occur.The Ethereum funding rate, which reflects the sentiment in the futures market, has surged to its highest level in months, coinciding with a significant price rebound. This highlights strong bullish sentiment, with traders expecting to reach all-time highs. However, the market may need to adjust to maintain this momentum.The funding rate is at the level seen in January 2024, when Ethereum rose by 88%. This reflects an increase in long position interest as optimism grows. Similar to the situation in January, this sharp rise indicates a potential for a pullback, which could stabilize the market and avoid excessive volatility.While Ethereum's upward trend is supported by bullish sentiment, the surge in funding rates suggests a need for a short-term correction to pave the way for healthier and more sustainable price growth.

ChainCatcher news, according to CoinDesk, FxPro's chief market analyst Alex Kuptsikevich stated, "Bitcoin's failure to stabilize above $100,000 may have suppressed overall market buying. Bitcoin's trading price is below $99,000, with minimal overnight fluctuations. Its inability to rise has negatively impacted altcoins.We believe that Bitcoin's stagnation is an important price correction that helps the market shake off short-term overbought conditions and rise more reliably. However, based on Fibonacci extension forecasts, the next wave of upward momentum may push the price toward around $120,000."