market cap

Analyst: Every $1 billion strategic Bitcoin reserve purchase drives a $20 billion market cap increase

ChainCatcher news, according to The Block, Katalin Tischhauser, head of investment research at Swiss crypto bank Sygnum, has released a new research report predicting that for every $1 billion invested in the U.S. strategic Bitcoin reserve, the market capitalization of Bitcoin will increase by approximately $20 billion through a multiplier effect. This 20-fold multiplier effect prediction is based on observational data during the funding inflow period in 2024.The report points out that due to the limited supply of Bitcoin liquidity, new demand will trigger significant upward price shocks, with $19 billion of the increase coming from demand shocks and limited supply squeeze effects.Tischhauser stated that the first and second rounds of $1 billion inflows will mainly absorb existing demand, while the third and fourth rounds of inflows will face a more constrained supply environment, thereby accelerating price increases. Additionally, net demand from various sources, including state governments seeking reserve assets, large institutional investor allocations, and corporate treasury activities, could drive this market effect.It is worth noting that Trump established the Digital Asset Market Presidential Working Group in his first week in office, one of its tasks being to assess the feasibility of the U.S. strategic Bitcoin reserve.

Messari released the BNBChain Q4 2024 report: BNB market capitalization grew by 114%, and the stablecoin market capitalization maintained third place at $6.84 billion

ChainCatcher news, Messari today released the BNBChain Q4 2024 report, which covers ecological expansion and growth in various metrics. Among them, the market capitalization of BNB reached $101.09 billion at the end of Q4, a year-on-year increase of 114% compared to the beginning of the year.The annual growth of BNBChain's DeFi ecosystem is 53%, with a Q4 growth of 10%, and the TVL is $5.35 billion, where ListaDao performed remarkably with a TVL growth of 174%. The average daily trading volume of DEX on BNBChain in Q4 increased by 122%, reaching $1.29 billion. The annual average daily trading volume of DEX grew by 269%.The stablecoin market also saw steady growth, with BNBChain maintaining the position of the third-largest stablecoin ecosystem globally (after Ethereum and Tron), and the total market capitalization of stablecoins reached $6.84 billion in Q4. Additionally, in the BTCFi sector, the number of holders increased by 5% quarter-on-quarter, surpassing 1 million users, with Solv and Lorenzo performing particularly well.On the technical front, by the end of the year, 96% of blocks had utilized BuilderAPI, improving block speed and MEV transparency. The number of active validators increased from 40 to 45, further promoting the decentralization of BNBChain.BNB Chain is committed to driving crypto applications and attracting the next billion users into Web3.
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