Of Omkar Godbole (all times one unless otherwise stated)
The Crypto market shows signs of stabilization where Bitcoin came to $ 102,000 and positive signals from Futures tied to Nasdaq. Leading recovery among larger cryptocurrencies is XRP, an increase of 11%, followed by sun with a 7% increase. AI coins, hit hard on Monday, releases winnings of up to 4%.
Risk mood is probably supported by skepticism about the allegations of the Chinese tech start -up Deepseek, which claims it spent only $ 6 million to develop its competitor to chat. Critics speculate that the figure omits costs associated with previous research and experimentation on architectures, algorithms and data. In addition, a concept that is rooted in the Yevon paradox suggests that progress with efficiency often leads to increased use rather than reduced consumption, leading to net positive growth in the industry.
This is good news for Bitcoin and the wider crypto industry because they are in line with the story of American exceptionalism, especially considering President Trump’s crypto-friendly attitude and plans to establish a strategic digital active reserve.
When we talk about the strategic reserve, Arizona legislators have presented a bill that would allow state entities or public funds to invest up to 10% of their capital in Bitcoin and other digital assets.
The wider prospects remain bullish, with on-chain data pointing to capitulation of weak hands and continuing accumulation of large investors.
“According to cryptoquant data, the proportion of investors increased with a balance of at least 1,000 BTC that bought coins in the last 155 days, from 43% to 60%, reflecting the advent of large players in the middle of the optimistic atmosphere,” said Alex Kibuptsikevich, Head of Market Analyst at FXPRO.
QCP Capital expects this week to test BTC’s connection with shares, especially as a favorable regulatory environment provides potential support. Stay aware!
What to look at
- Crypto:
- January 28 at. 13:00: Hedera (Har) Network Upgrade (V0.57.5).
- January 29: Cardanos Plomin Hard Fork Network Upgrade.
- January 29: ICE OPEN NETWORK (ION) Mainnet -launch.
- February 2, 20:00: Core Blockchain Athena Hard Fork Network Upgrade (v1.0.14)
- February 4: Microstratey (MSTR) Q4, FY 2024 Earnings.
- February 4: Pepecoin (Pepe) Halfning. At block 400,000, the reward drops to 31,250 pepe.
- February 5 at. 15:00: Boba Network’s Holocene Hard Fork Network Upgrade for its Ethereum-based L2 Mainnet.
- February 6, 8:00: Shentu Chain Network Upgrade (V2.14.0).
- February 12: HUT 8 CORP. (HUT) Q4 2024 Earnings.
- February 15: QTUM (QTUM) Hard Fork Network Upgrade on Block 4,590,000.
- February 18 (after the market closure): Semler Scientific (SMLR) Q4 2024 Earnings.
- February 20: Coinbase Global (Coin) Q4 2024 Earnings.
- Macro
Token -events
- Management votes and calls
- Morpho DAO votes whether to reduce morpho rewards by 30% across all assets and networks and set up all assets other than those with ETH or USD church communities to have the same reward rate as BTC-denomined assets.
- Sky DAO votes whether the WBTC liquidation threshold should be reduced from 55% to 50% on the sparklend Ethereum.
- Longing DAO votes whether he should finance and approve the Bearn, a new subdao aimed at building and launching products on Beracain.
- Unlock
- January 28: Tribal Token (Tribl) to lock 14% of its circulating supply worth $ 60 million.
- 31 January: Optimism (OP) to lock 2.32% of circulating supply worth $ 52.9 million.
- January 31: Jupiter (JUP) to lock 41.5% of circulating supply worth $ 626 million.
- February 1: SUI (SUI) to unlocked approx. 2.13% of its circulating supply worth $ 226 million.
- Token lists
- January 28: Pudgy Penguins (Pengu) and Magic Eden (ME) to be erected on the crack.
- January 29: Cronos (CRO), Movement (Movement) and usual (usual) to be erected on the crack.
Conferences:
Token Talk
By Shaurya Malwa
- AI-focused Venice AI (VVV) zoomed in at a market value of $ 1 billion on Monday on its appeal to offer private, uncensored AI-inference access without fees per Application.
- The basic-based token was erected on the coinbase-a rare assets listed on the stock exchange on the day of the launch-what may have helped to drive the move.
- Users are stabbing VVV -Tokens to get API access to AI Stalwart Deepseek with ongoing rewards from token emissions.
Derivatives Location
- CME’s Bitcoin and Ether Futures saw a remarkable fall in open interest Monday, when dealers who were risked during a sharp slide in Nvidia and other NASDAQ shares.
- Perpetual financing rates for larger coins have stabilized in the range of an annual 5%-10%. Financing rates for BTC had briefly turned Bearish under zero early Monday.
- BTC calls are more expensive than sets across all time frames, while ETH’s front-end sets a trading representation, reflecting the concerns of extended price drop in the next few days.
Market Movement:
- BTC has risen 1.32% from 1 p.m. 16 A Monday to $ 98,784.45 (24 Hours: +4.07%)
- ETH has risen 1.62% of $ 3,050.20 (24 hours: +4.52%)
- Coindesk 20 has increased by 3.2% to 3,536.28 (24 hours: +6.73%)
- Cesr Composite Tax Release has risen 18 BPS to 3.19%
- BTC financing rate is at 0.0084% (9.2221% annual) on Binance
- DXY has increased by 0.57% at 107.95
- Gold has risen 0.34% to $ 2,743.59/oz
- Silver has increased 0.35% to $ 30.16/OZ
- Nikkei 225 Closed -1.39% at 39,016.87
- Hang bed closed +0.14% to 20,225.11
- FTSE has increased 0.58% at 8,553.75
- Euro Stoxx 50 has increased 0.47% at 5,212.71
- DJIA closed Monday +0.65% to 44,713.58
- S&P 500 CLOSED —1.46% at 6.012.28
- Nasdaq closed -3.07% at 19,341.83
- S&P/TSX Composite Index Closed -0.7% at 25,289.15
- S&P 40 Latin America closed +0.34% at 2,330.61
- US 10-year-old Treasury has increased by 3 bps by 4.57%
- E-MINI S&P 500 FUTURES have increased 0.39% at 6070.50
- E-MINI NASDAQ-100 FUTURES rose 0.67% at 21,400.25
- E-MINI DOW JONES INDUSTRIAL AVERAGE Index Futures are unchanged at 44,935.00
Bitcoin -Statistics:
- BTC Dominance: 59.16 (0.15%)
- Ethereum to Bitcoin ratio: 0.031 (-0.32%)
- Hashrate (Seven-Day Sliding Average): 767 EH/S
- HashPrice (Spot): $ 58.7
- Total fees: 6.13 BTC/ $ 616,619
- CME Futures Open Interest: 170,240 BTC
- BTC priced in gold: 37.6 oz
- BTC VS GOLD MARKET CAP: 10.68%
Technical analysis
- Eth carved a light with a long tail Monday that signaled bears fatigue at intraday low. It is often seen as a sign of an imminent trend change higher.
- However, prices remain trapped in a falling channel, suggesting a bearish view.
Crypto shares
- Microstratey (MSTR): CLOSED MONDAY OF $ 347.92 (-1.63%), dropped 0.36% to $ 346.66 in Pre-Market.
- Coinbase Global (Coin): Closed to $ 277.99 (-6.71%), an increase of 0.76% to $ 280.11 in the pre-market.
- Galaxy Digital Holdings (GLXY): Closed to C $ 27.36 (-15.87%).
- Mara Holdings (Mara): Closed to $ 18.28 (-8.53%), an increase of 0.63% to $ 18.40 in the pre-market.
- Riot Platforms (Riot): Closed to $ 11.45 (-15.44%), down 6.87% to $ 12.61 in the pre-market.
- Core Scientific (Corz): Closed to $ 11.28 (-29.41%), an increase of 2.22% to $ 11.53 in pre-market.
- Cleanspark (CLSK): Closed to $ 10.31 (-10.62%), an increase of 1.21% to $ 10.43 in the pre-market.
- COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): CLOSED TO $ 20.78 (-20.75%), a decrease of 3.99% to $ 21.61 on the market.
- Semler Scientific (SMLR): Closed to $ 50.43 (-9.07%).
- Exodus Movement (EXOD): Closed to $ 74 (+20.82%), unchanged in the market.
Etf is flowing
Etf is flowing
SPOT BTC ETFS:
- Daily Net Tream: -$ 457.6 million
- Cumulative net streams: 39.49 billion dollars
- Collected BTC holdings ~ 1,157 million.
SPOT ETH ETFS
- Daily Net Tream: -$ 136.2 million
- Cumulative net streams: 2.67 billion dollars
- They gathered eth Holdings ~ 3.59 million.
Source: Father’s page -Investors
Flows overnight
Today’s chart
- Daily trading volume of Solana-based decentralized exchanges has dropped sharply to less than $ 10 Billon from the high of $ 35 billion recorded on January 18 when the Trump-token debuted and triggered a Memecoin madness.
- However, volumes remain increased at the average activity levels seen in November and December.
While you were asleep
- Kucoin to pay nearly $ 300 million
- Tuttle Capital suggests first ever geared ETFs by Trump, Melania, Cardano, Others (Coindesk): Tuttle Capital Management submitted 10 2x geared crypto ETF suggestions with SEC, including those who track Trump and Melania Memecoins.
- MAD MONEY’S JIM CRAMER SAYS ‘OWN BITCOIN, NOT MICROSTRATUY’ (COINDESK): On Monday’s mad money, Jim Cramer approved owning Bitcoin while cautious with Microstratey, the biggest company’s Bitcoin holder. Critics often interpret his advice as a counter -indicator.
- Ripple’s CEO Brad Garlinghouse Bats for Diversified Us Crypto Reserve (Coindesk): Ripple CEO Brad Garlinghouse supports an American digital asset reserve representing multiple tokens, not only Bitcoin calling BTC -maximalism “The enemy of Krypto -progress.”
- Boj to raise the rates again in July, eventually eye hike to 1.5%, says ex-polymaker (Reuters): Former Bank of Japan Board Member Makoto Sakurai predicts that the bank will raise interest rates again in mid-2025 , targeted against 1.5% within two years.
- Dollar climbs as Trump puts customs threats back on the agenda (Bloomberg): The dollar strengthened against large currencies, with the leading losses after falling over 0.9%, as President Trump and Treasury Secretary Scott Bessent re -raised customs problems.
- Openais Altman lifts ‘Better Models’ as China’s Deepseek disturbs the Global Race (Financial Times): Monday, Openai CEO Sam Altman replied at Deepseek’s generative AI rival to chat by pledging to speed up product launches and deliver superior models.
